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Hydrix Limited
(Sydney:HYD)
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Rating:41Neutral
Price Target:
AU$0.01
▲(30.00% Upside)
Action:Reiterated
Date:08/30/26
The score is primarily held down by weak financial performance—deep and volatile losses, negative equity, and ongoing cash burn—despite a strong FY2026 revenue rebound and improved free-cash-flow trajectory. With no usable technical indicators and limited valuation support due to losses (negative P/E) and no dividend yield data, there are few offsetting positives in the provided dataset.
Positive Factors
FY2026 Revenue Rebound
The sharp FY2026 revenue recovery indicates renewed business activity and customer demand after two weaker years. If sustained, this rebound could improve operating scale and provide a base for future margin recovery, although profitability remains unproven.
Negative Factors
Negative Equity and High Debt
Negative equity reflects accumulated losses that have eroded the capital base, while sizable debt increases financial obligations. Together, they constrain flexibility, raise refinancing dependence, and leave the company more vulnerable if operating recovery falters.
Read all positive and negative factors
Positive Factors
Negative Factors
FY2026 Revenue Rebound
The sharp FY2026 revenue recovery indicates renewed business activity and customer demand after two weaker years. If sustained, this rebound could improve operating scale and provide a base for future margin recovery, although profitability remains unproven.
Read all positive factors
Hydrix Limited (HYD) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$4.35M
Dividend YieldN/A
Average Volume (3M)3.94M
Price to Earnings (P/E)―
Beta (1Y)1.19
Revenue Growth-3.48%
EPS Growth-123.81%
CountryAU
Employees54
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.02
Shares Outstanding1,449,749,300
10 Day Avg. Volume6,418,694
30 Day Avg. Volume3,937,007
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-0.13
Price to Sales (P/S)0.11
P/FCF Ratio-0.43
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)AU$25.58M
Hydrix Limited Business Overview & Revenue Model
Company Description
Hydrix Limited, together with its subsidiaries, operates as a product design and engineering company in Australia, Europe, North America, Singapore, and internationally. It operates in three segments: Hydrix Services, Hydrix Medical, and Hydrix Ve...
Hydrix Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
20
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 9.74M | 10.09M | 10.61M | 13.16M | 10.33M |
| Gross Profit | -335.98K | 9.53M | 9.79M | -638.73K | -3.31M |
| EBITDA | -2.32M | -1.40M | -7.92M | 1.30M | -4.05M |
| Net Income | -6.72M | -2.92M | -9.56M | -396.93K | -5.55M |
Balance Sheet | |||||
| Total Assets | 6.09M | 8.35M | 8.62M | 14.58M | 15.94M |
| Cash, Cash Equivalents and Short-Term Investments | 2.96M | 297.88K | 914.27K | 1.15M | 1.94M |
| Total Debt | 8.35M | 7.98M | 7.61M | 4.73M | 5.40M |
| Total Liabilities | 14.24M | 14.39M | 11.98M | 8.22M | 12.66M |
| Stockholders Equity | -8.15M | -6.04M | -3.36M | 6.35M | 3.28M |
Cash Flow | |||||
| Free Cash Flow | -2.51M | -535.13K | -1.91M | -3.32M | -6.75M |
| Operating Cash Flow | -2.48M | -527.01K | -1.89M | -3.12M | -6.58M |
| Investing Cash Flow | 147.05K | -54.20K | -53.43K | -209.71K | -306.65K |
| Financing Cash Flow | 5.00M | -36.31K | 1.71M | 2.16M | 1.72M |
Hydrix Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | AU$269.44M | 25.51 | 16.42% | 2.46% | 8.35% | -0.81% | |
67 Neutral | AU$5.01M | 0.36 | 269.93% | 342.22% | -29.24% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | AU$1.05B | 70.70 | 16.66% | ― | 570.70% | ― | |
45 Neutral | AU$17.52M | -1.76 | 136.97% | ― | 38.17% | 83.44% | |
41 Neutral | AU$4.35M | -0.16 | 77.88% | ― | -3.48% | -123.81% | |
41 Neutral | AU$29.64M | -3.16 | -165.14% | ― | -11.13% | -280.00% |
* Technology Sector Average
AU:HYD
Hydrix Limited
0.01
0.00
0.00%
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Hydrix Limited Corporate Events
Hydrix Marks Pivotal Year as Defence and Medtech Strategy Gains Traction
Aug 28, 2026
Hydrix Limited reported that FY26 marked a pivotal year as it advanced its strategy of using its high‑value engineering services to secure technology ownership in priority Australian sovereign capability domains. The company highlighted sign...
Hydrix Marks Growth Inflection as Defence Business Gains Momentum
Aug 19, 2026
Hydrix Limited is an Australian technology company whose mission is to harness its innovation capability to deliver high-impact technologies that empower and protect lives. It operates across the medical, defence, industrial and mining technology ...
Hydrix Seeks ASX Quotation for 132.4 Million New Shares and Options
Jun 22, 2026
Hydrix Limited has applied to the ASX for quotation of 132.4 million new ordinary fully paid shares and an equal number of options expiring in June 2029. The issuance, lodged as an Appendix 2A, substantially increases the company’s quoted se...
Hydrix redeems 662,000 HYDAT convertible notes, reshaping capital structure
Jun 22, 2026
Hydrix Limited has redeemed 662,000 of its HYDAT convertible notes, with the securities ceasing on June 22, 2026 following repayment or redemption of the convertible debt without conversion. The move slightly reshapes the company’s capital s...
Hydrix Major Shareholder Status Lost After Capital Raising Dilution
Jun 19, 2026
Hydrix Limited has disclosed that John W King Nominees Pty Ltd and Julie King have ceased to be substantial shareholders in the company following a dilution of their holding. The change arose from the issue of new fully paid ordinary shares under ...
Hydrix Ownership Shifts as Capital Raising Dilutes Major Holder
Jun 19, 2026
Hydrix Limited has undertaken an accelerated renounceable entitlement offer that resulted in the issuance of new fully paid ordinary shares to investors. This capital raising has altered the share register and triggered disclosure obligations for ...
Hydrix Limited’s HYDOC Securities Reinstated to ASX Quotation
Jun 19, 2026
Hydrix Limited’s HYDOC securities will be reinstated to quotation on the ASX at the commencement of trading today, following confirmation of compliance with Listing Rule 2.5. This step restores normal trading in the HYDOC class and signals t...
Hydrix sets terms and trading start for new HYDOC options
Jun 18, 2026
Hydrix Limited has detailed the top 20 holders and the distribution schedule for its new class of quoted attaching options, trading under the ticker HYDOC, issued alongside new shares under its recent entitlement offer. The HYDOC options are exerc...
Hydrix Seeks ASX Quotation for Major Share and Option Issue
Jun 18, 2026
Hydrix Limited has applied to the ASX for quotation of 267,110,768 new ordinary fully paid shares and an equal number of options expiring in June 2029. The securities, issued on June 18, 2026 under a previously announced transaction, will expand t...
Hydrix targets European defence push with key strategic engagements
Jun 16, 2026
Hydrix Limited is sharpening its focus on defence and national security markets through its Hydrix Defence arm, which targets advanced sensing, navigation, autonomy and mission‑critical electronics, while the broader group continues to desig...
Hydrix Clears Retail Hurdle in $8.18m Entitlement Raising
Jun 16, 2026
Hydrix Limited has completed the retail shortfall bookbuild component of its $8.18 million pro-rata accelerated renounceable entitlement offer, structured as six new shares for each existing share at $0.005 with free attaching options. The company...
Hydrix Retail Entitlement Offer Raises $1.34m as Defence Focus Deepens
Jun 10, 2026
Hydrix Limited has completed the retail component of its $8.18 million pro-rata accelerated renounceable entitlement offer, with eligible retail shareholders subscribing for 267.1 million new shares to raise about $1.34 million at $0.005 per share...
ASX Halts Trading in Hydrix’s HYDOC Securities Pending Compliance Review
Jun 9, 2026
The ASX has suspended Hydrix Limited’s HYDOC class of securities from quotation, citing the company’s need to comply with Listing Rule 2.5, and has acted under Listing Rule 17.3.4 to implement this measure. The suspension applies only ...
Hydrix Wins Quantum Navigation Contract to Bolster Defence Positioning
Jun 3, 2026
Hydrix has signed a new multi-stage contract with Australian-owned Phasor Innovation to support the development of advanced quantum sensing and navigation technologies, expected to deliver between A$1.0 million and A$1.2 million in revenue over th...
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.