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FOS Capital Ltd (FOS) AI Stock Analysis
FOS Capital Ltd
(ASX:FOS)
The overall score is very low, driven primarily by a severe deterioration in financial performance. The company is loss-making and burning cash, with falling revenue and compressed margins. Technicals confirm a persistent downtrend with the price below all major moving averages and negative MACD. The negative P/E ratio and lack of dividend yield offer no valuation support. The business faces substantial operational and financial headwinds requiring immediate intervention.
FOS Capital Ltd (FOS) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 10.07M
- Dividend Yield
- ―
- Average Volume (3M)
- 91.71K
- Price to Earnings (P/E)
- -3.2
- Beta (1Y)
- 0.48
- Revenue Growth
- -12.06%
- EPS Growth
- -318.02%
- Country
- Australia
- Employees
- 75
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Electrical Equipment & Parts
FOS Capital Ltd Business Overview & Revenue Model
Company Description
FOS Capital Limited, operating through its subsidiaries, is a manufacturer and distributor of diverse lighting solutions across Australia and New Zealand. These offerings include commercial luminaires, outdoor fittings, linear extruded lighting, and...
FOS Capital Ltd Financial Statement Overview
Summary
Financial performance is critically weak. The company swung to a net loss in FY2026 with negative operating and free cash flow, indicating a cash-burning, loss-making operation. Revenue declined 5.9% and gross margins compressed sharply from 44.2% to 34.1%. The balance sheet shows deteriorating returns (ROE -23.1%) and growing debt reliance, though leverage is not yet extreme. Overall, the financial health has severely deteriorated.
Income Statement
35NegativeBalance Sheet
45NeutralCash Flow
20Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.42M | 22.42M | 25.49M | 24.53M | 17.12M | 13.51M |
| Gross Profit | 7.65M | 7.65M | 11.28M | 9.15M | 5.79M | 5.72M |
| EBITDA | 897.05K | 897.05K | 3.44M | 2.46M | 1.58M | 1.29M |
| Net Income | -2.57M | -2.57M | 932.65K | 632.16K | 583.94K | 348.94K |
Balance Sheet | ||||||
| Total Assets | 22.01M | 22.01M | 25.67M | 21.78M | 13.62M | 11.79M |
| Cash, Cash Equivalents and Short-Term Investments | 976.91K | 976.91K | 2.50M | 1.68M | 1.41M | 1.89M |
| Total Debt | 5.73M | 5.73M | 6.72M | 5.20M | 1.09M | 1.46M |
| Total Liabilities | 10.90M | 10.90M | 11.55M | 11.87M | 4.34M | 4.25M |
| Stockholders Equity | 11.11M | 11.11M | 14.12M | 9.91M | 9.29M | 7.54M |
Cash Flow | ||||||
| Free Cash Flow | -144.79K | -144.79K | 2.29M | 949.96K | -347.76K | 609.17K |
| Operating Cash Flow | -105.62K | -105.62K | 2.30M | 1.01M | -115.56K | 704.63K |
| Investing Cash Flow | 210.83K | 210.83K | -4.32M | -2.33M | -830.45K | -849.76K |
| Financing Cash Flow | -1.45M | -1.45M | 2.81M | 1.59M | 441.96K | -831.95K |
FOS Capital Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FOS, the sentiment is Negative. The current price of 0.12 is above the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.12, and below the 200-day MA of 0.14, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 48.05 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FOS.
FOS Capital Ltd Peers Comparison
Overall Rating
AU:LIS41Neutral
AU:CMG40Underperform
AU:FOS39Underperform
AU:CMX34.3Underperform
AU:NVX26Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| 41Neutral | AUD 92.83M | -18.83 | -14.96% | ― | ― | 23.76% | |
| 40Underperform | AUD 8.40M | -1.61 | -85.01% | ― | ― | -9.35% | |
| 39Underperform | AUD 10.07M | -3.20 | -21.18% | ― | -12.06% | -318.02% | |
| 34Underperform | AUD 3.35M | -4.06 | 76.30% | ― | ― | 99.03% | |
| 26Underperform | AUD 82.83M | -0.42 | -63.44% | ― | -53.32% | -5.22% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:FOS | FOS Capital Ltd | 0.12 | -0.16 | -57.14% | |
| AU:NVX | NOVONIX Ltd | 0.08 | -0.48 | -85.31% | |
| AU:CMX | ChemX Materials Limited | 0.03 | 0.00 | 0.00% | |
| AU:LIS | Li-S Energy Ltd | 0.14 | -0.02 | -9.38% | |
| AU:CMG | Critical Minerals Group Ltd. | 0.06 | -0.11 | -63.53% |
FOS Capital Ltd Corporate Events
FOS Capital Highlights Investor Outreach at Microcap Conference
FOS Capital Limited, an Australian lighting company, focuses on commercial and architectural solutions and maintains an active presence in capital markets. Its management regularly engages with microcap investors to enhance awareness of the company&#...
FOS Capital’s ATS Wins Place on MAV Street Lighting Panel
FOS Capital’s Aldridge Traffic Systems subsidiary has been appointed to the Municipal Association of Victoria Panel for the provision of street lighting and hardware for an initial five-year term. The appointment covers supply of street lightin...
FOS Capital Posts Strong 1Q27 Growth and Bolsters Pipeline With New Projects
FOS Capital Limited reported a strong first quarter of FY27, with unaudited sales rising 64% year on year to $7.25 million and EBITDA improving sharply from the prior comparable period, driven by better sales activity and a leaner cost base. The orde...
FOS Capital Raises Equity to Fund Growth Initiatives
FOS Capital Ltd has issued 12,916,672 new fully paid ordinary shares via a placement to sophisticated investors in September and a further 2,306,799 shares in October through a Share Purchase Plan and placement of SPP shortfall shares. The capital ra...
FOS Capital Seeks ASX Quotation for 2.3 Million New Shares
FOS Capital Ltd has applied for quotation on the ASX of 2,306,799 ordinary fully paid shares, with an issue date of October 8, 2026. The application, lodged as a new announcement under the ASX Listing Rules, reflects a formal step to have these previ...
FOS Capital raises $1.83m to fund lighting and traffic system growth
FOS Capital Limited has completed its Share Purchase Plan and associated shortfall placement, adding to a recently closed institutional placement to raise a total of about $1.83 million in new capital. The company also plans to raise a further $310,0...
FOS Capital Moves to Close Share Purchase Plan and Fund Growth Initiatives
FOS Capital Limited has reminded eligible shareholders that its Share Purchase Plan, offering new shares at $0.12 each in line with its recent placement, is scheduled to close at 5:00pm Melbourne time on 2 October 2026. The company has distributed an...
FOS Capital Corrects Auditor Details in 2026 AGM Notice
FOS Capital Limited has issued a correction to its 2026 Notice of Annual General Meeting, clarifying that Stannards Audit Pty Ltd is the proposed new auditor to be appointed under Resolution 3, subject to Australian Securities and Investments Commiss...
FOS Capital Sets 2026 AGM to Vote on Board, Pay and Capital Raising Resolutions
FOS Capital Limited has issued its notice of meeting for the 2026 Annual General Meeting, to be held on 28 October 2026 in South Yarra, Victoria. The AGM materials outline procedural details for registration, voting and proxy lodgement, with sharehol...
FOS Capital Seeks ASX Quotation for 12.9 Million New Shares
FOS Capital Ltd has lodged an application with the ASX for quotation of 12,916,672 ordinary fully paid shares, with an issue date of September 17, 2026. The securities to be quoted stem from previously announced transactions, signaling a material inc...
FOS Capital Launches Share Purchase Plan for Existing Investors
FOS Capital Limited has released a Share Purchase Plan booklet outlining the terms under which eligible shareholders in Australia and New Zealand can subscribe for new shares. The document details key dates, eligibility criteria, pricing mechanics, a...
FOS Capital Corrects Share Issue Date in Securities Purchase Plan Update
FOS Capital Ltd, listed on the Australian Securities Exchange under the code FOS, operates as a public company undertaking regulated securities issuance and capital-raising activities. It follows ASX Listing Rules to manage offers of new shares to in...
FOS Capital Plans ASX-Quoted Share Placement to Boost Equity Base
FOS Capital Ltd has notified the ASX of a proposed placement of up to 12,916,667 ordinary fully paid shares, with a planned issue date of September 17, 2026. The company has applied for quotation of the new securities, signalling an intention to expa...
FOS Capital Launches Securities Purchase Plan to Issue New Shares
FOS Capital Ltd has announced a proposed issue of ordinary fully paid shares under a securities purchase plan. The company has applied to the ASX for the quotation of the new securities in accordance with listing requirements.The plan contemplates is...
FOS Capital Plans New Share Placement on ASX
FOS Capital Ltd, an ASX-listed company trading under the code FOS, is a public issuer of ordinary fully paid shares on the Australian Securities Exchange. As a regulated participant in Australia’s capital markets, it follows ASX Listing Rules t...
FOS Capital raises $1.86m via placement and launches SPP to fund growth
FOS Capital Limited has secured firm commitments for a $1.86 million share placement to institutional and sophisticated investors at $0.12 per share, a discount to its recent trading levels. Directors will also participate, subject to shareholder app...
FOS Capital Seeks Trading Halt Ahead of Planned Capital Raising
FOS Capital Ltd has requested a trading halt in its ordinary shares on the Australian Securities Exchange, effective from 7 September 2026, pending the release of an announcement. The halt is expected to last until either the company provides details...
FOS Capital Signals Profit Recovery on Strong Q1 and Infrastructure Pipeline
FOS Capital Limited has reported an expected Q1 FY27 revenue of $7.2 million and EBITDA of $0.5 million, which would mark the second strongest quarterly sales result in its history and signal a return to profitability. The performance is driven by a...
FOS Capital Files Updated ASX Corporate Governance Disclosures
FOS Capital Limited has confirmed that its corporate governance statement for the year ended 30 June 2026 is current and approved by the board, and is accessible on its website in accordance with ASX Listing Rule requirements. The company has lodged...
FOS Capital Publishes 2026 Annual Report
FOS Capital Ltd has released its 2026 Annual Report, providing shareholders with a comprehensive overview of the company’s financial performance and position. The report includes the directors’ report, consolidated financial statements, n...
FOS Capital Swings to Loss as Revenue Falls and Dividends Halted
FOS Capital Limited reported weaker fundamentals for the year to 30 June 2026, with net tangible asset backing per share falling to 5.8 cents from 9.1 cents, while the share count rose to 68.7 million and the group structure remained unchanged, with...
FOS Capital Updates Auditor as It Pursues Growth in Fragmented Lighting Market
FOS Capital Limited, a founder-led Australian manufacturer and distributor of commercial, industrial and architectural lighting solutions, owns 17 brands and operates two manufacturing facilities in Brisbane and Sydney. Since listing in June 2021, th...
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.
Date of analysis: Oct 21, 2026