Want to see AU:DWG full AI Analyst Report?
Top Page
IXUP Ltd.
(Sydney:DWG)
Select Model
Select Model
Rating:42Neutral
Price Target:
AU$0.13
▲(38.89% Upside)
Action:N/A
Date:09/06/26
The score is primarily held back by weak fundamentals (ongoing losses and negative shareholder equity) and bearish technicals (below key moving averages with negative MACD). The main offset is improving financial execution in FY2026, highlighted by strong revenue growth and a swing to positive operating and free cash flow.
Positive Factors
Revenue rebound
The sharp FY2026 revenue rebound indicates stronger commercial activity and expanding adoption of the company’s secure data-sharing software and services. If maintained, this top-line acceleration can improve operating leverage, support reinvestment, and strengthen the platform’s position over the next several quarters.
Negative Factors
Negative shareholder equity
Negative shareholder equity is a material structural weakness because it leaves the company more sensitive to additional operating losses and reduces financial flexibility. The position may constrain funding and capital-allocation choices while the company works to rebuild its balance sheet through improved performance.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue rebound
The sharp FY2026 revenue rebound indicates stronger commercial activity and expanding adoption of the company’s secure data-sharing software and services. If maintained, this top-line acceleration can improve operating leverage, support reinvestment, and strengthen the platform’s position over the next several quarters.
Read all positive factors
IXUP Ltd. (DWG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$13.40M
Dividend YieldN/A
Average Volume (3M)53.39K
Price to Earnings (P/E)―
Beta (1Y)0.56
Revenue Growth23.92%
EPS Growth79.84%
CountryAU
EmployeesN/A
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.02
Shares Outstanding103,054,330
10 Day Avg. Volume103,048
30 Day Avg. Volume53,389
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)-7.95
Price to Sales (P/S)1.72
P/FCF Ratio8.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IXUP Ltd. Business Overview & Revenue Model
Company Description
Established in 2011 and headquartered in North Sydney, Australia, DataWorks Group Limited (which rebranded from IXUP Limited in March 2025) specializes in creating software solutions. The company's operations span Australia, the United Kingdom, an...
IXUP Ltd. Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
28
Negative
Cash Flow
62
Positive
| Breakdown | Jun 2026 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 8.93M | 6.63M | 6.63M | 1.26M | 16.75K |
| Gross Profit | 1.68M | 5.37M | -8.88M | -9.20M | 540.30K |
| EBITDA | -1.50M | -7.64M | -25.79M | -26.89M | -5.90M |
| Net Income | -2.25M | -10.28M | -26.56M | -13.66M | -5.42M |
Balance Sheet | |||||
| Total Assets | 4.18M | 6.72M | 7.38M | 24.74M | 8.32M |
| Cash, Cash Equivalents and Short-Term Investments | 651.31K | 1.15M | 1.64M | 5.16M | 4.82M |
| Total Debt | 705.48K | 1.09M | 2.78M | 271.15K | 73.88K |
| Total Liabilities | 6.11M | 3.95M | 5.39M | 4.20M | 1.18M |
| Stockholders Equity | -1.93M | 2.77M | 1.98M | 20.54M | 7.13M |
Cash Flow | |||||
| Free Cash Flow | 1.89M | -6.58M | -10.84M | -13.68M | -5.81M |
| Operating Cash Flow | 1.91M | -6.26M | -9.43M | -10.41M | -2.51M |
| Investing Cash Flow | -1.54M | -514.71K | -1.43M | -1.43M | -3.30M |
| Financing Cash Flow | -35.64K | 6.27M | 7.65M | 7.65M | 9.10M |
IXUP Ltd. Technical Analysis
Negative
0.09
Price Trends
0.14
Negative
0.14
Negative
0.14
Negative
Market Momentum
>-0.01
Positive
43.31
Neutral
5.56
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DWG, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.14, and below the 200-day MA of 0.14, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.31 is Neutral, neither overbought nor oversold. The STOCH value of 5.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:DWG.
IXUP Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | AU$4.00B | -77.23 | -5.20% | ― | 37.49% | -11816.67% | |
57 Neutral | AU$39.79M | 92.66 | 1.06% | 13.83% | 4.73% | ― | |
49 Neutral | AU$17.02M | -3.64 | -21.70% | ― | -3.00% | 74.39% | |
42 Neutral | AU$13.40M | -5.91 | 134.85% | ― | 23.92% | 79.84% | |
41 Neutral | AU$8.56M | -0.32 | -434.09% | ― | -11.66% | 89.02% | |
41 Neutral | AU$3.45M | -1.08 | -418.00% | ― | -38.96% | 26.32% |
* Technology Sector Average
AU:DWG
IXUP Ltd.
0.13
0.07
100.00%
AU:MP1
Megaport
16.99
3.37
24.75%
AU:FCT
FirstWave Cloud Technology
0.01
-0.01
-50.00%
AU:SEN
Senetas Corporation Limited
2.40
0.34
16.39%
AU:CYB
Sovereign Cloud Holdings Ltd.
0.04
-0.04
-47.44%
AU:WHK
WhiteHawk Ltd.
0.01
0.00
0.00%
IXUP Ltd. Corporate Events
Dataworks boosts revenue and cash flow as second government gambling platform goes live
Aug 31, 2026
Dataworks reported a 24% rise in operating revenue to $8.93 million in FY26 and a sharply reduced statutory loss after tax of $2.25 million, helped by restructuring and a leaner cost base. The company generated positive operating cash flow of $1.9...
Dataworks Narrows Loss as Revenue Climbs but Asset Backing Weakens
Aug 31, 2026
Dataworks Group Limited operates in the technology and data services sector, reporting under International Financial Reporting Standards for both domestic and foreign entities. The group previously controlled DataPOWA Limited, which was placed int...
Dataworks wins NSW Government planning contract for gambling harm initiative
Aug 31, 2026
Regulated gaming technology provider Dataworks Group has secured a planning and mobilisation agreement with the NSW Government linked to gambling harm minimisation measures. The fixed-price engagement, scheduled to start on 2 September 2026, is ex...
Dataworks Extends Interim CFO Engagement Amid Strategic Growth
Aug 11, 2026
Dataworks Group has extended the engagement of interim Chief Financial Officer Anna Hooper beyond her initial three-month term, moving to an ongoing monthly arrangement that either party can end with two weeks’ written notice. Chairman Julia...
Dataworks Turns Cashflow Positive as Ontario BetGuard Launch Cements Global RegTech Role
Jul 30, 2026
Dataworks reported a transformational FY26 with positive operating cashflow of about $276,000 for the year and $538,000 in the June quarter, while customer receipts reached record levels above $10 million. The improved cash generation and higher c...
Dataworks flags expiry of 8.9 million unlisted options in September 2026
Jul 24, 2026
Dataworks Group Limited, a regulated gaming technology company, develops mission-critical platforms that underpin responsible gambling measures, including Australia’s BetStop National Self-Exclusion Register and Ontario’s BetGuard syst...
Dataworks Secures $1.5m Facility to Drive RegTech Growth
Jul 3, 2026
Dataworks Group Limited has secured a $1.5 million unsecured working capital facility to bolster liquidity and financial flexibility during a key phase of commercial execution. The RegTech company, which runs major self-exclusion platforms for gam...
Dataworks Group Options Lapse, Streamlining Capital Structure
Jun 30, 2026
Dataworks Group Limited has confirmed the cessation of 375,000 listed options, DWGAR, which were due to expire on June 30, 2026 with an exercise price of $1.20. The options lapsed without being exercised, resulting in a reduction of potential dilu...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.