International Equities Corp. Ltd. (IEQ) AI Stock Analysis

International Equities Corp. Ltd.

(ASX:IEQ)

Select Model

Rating:43Neutral

Price Target:AUD 0.04▼(-2.50% Downside)

Action:upgraded

Date:07/03/26

The score is held down primarily by weak and volatile financial performance—recent losses and sustained operating/free cash outflows outweigh the improved leverage. Technicals are moderately supportive with price above major moving averages, but overbought conditions and a negative MACD temper the trend. Valuation is also pressured by negative earnings (negative P/E) and no dividend yield data.

Positive Factors

Improved leverageMaterial reduction in debt-to-equity to ~0.9x meaningfully lowers financial strain and interest burden versus prior years. A stronger capital structure improves resilience to cashflow volatility and increases flexibility to fund operations or strategic initiatives over the next several quarters.

Negative Factors

Persistent cash burn (2023–2025)Multi-year negative operating and free cash flows create ongoing liquidity and funding risk, increasing dependence on external financing or asset sales. Persistent cash burn reduces runway for investments, can force dilutive capital raises or higher leverage, and undermines sustainable operations absent corrective action.

International Equities Corp. Ltd. (IEQ) vs. iShares MSCI Australia ETF (EWA)

Market Cap: AUD 5.13M
Dividend Yield: ―
Average Volume (3M): ―
Price to Earnings (P/E): -4.8
Beta (1Y): -5.74
Revenue Growth: -37.13%
EPS Growth: ―
Country: Australia
Employees: ―
Sector: General
Sector Strength: 55
Industry: Travel Lodging

International Equities Corp. Ltd. Business Overview & Revenue Model

Company Description

International Equities Corporation Limited primarily operates and holds ownership of hotels under its Seasons brand. Additionally, the company engages in a range of property-related ventures, including real estate development and asset management, th...

International Equities Corp. Ltd. Financial Statement Overview

Summary

Despite a sharp 2025 revenue rebound (+93.5% YoY), profitability and cash generation are highly unstable: 2025 returned to a sizable loss (net margin ~-51%) after a profitable 2024, and operating/free cash flow have been negative in 2023–2025. Balance-sheet leverage has improved (debt-to-equity down to ~0.9x in 2024–2025), but the recent cash burn and earnings volatility keep overall financial risk elevated.

Income Statement

34Negative

Balance Sheet

45Neutral

Cash Flow

24Negative

Financial statement breakdown
Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	1.81M	2.43M	2.60M	2.70M	3.63M	6.59M
Gross Profit	990.00K	1.25M	1.68M	1.54M	2.39M	4.63M
EBITDA	-646.00K	-528.00K	315.00K	442.00K	226.00K	-598.00K
Net Income	-1.08M	-1.25M	467.00K	-491.00K	-1.40M	-636.00K
Balance Sheet
Total Assets	8.75M	11.35M	14.18M	35.23M	36.60M	37.49M
Cash, Cash Equivalents and Short-Term Investments	824.00K	1.28M	2.97M	1.54M	1.10M	637.00K
Total Debt	2.29M	4.77M	5.55M	8.67M	25.07M	25.25M
Total Liabilities	3.92M	6.27M	7.85M	29.36M	30.09M	29.58M
Stockholders Equity	4.83M	5.08M	6.33M	5.86M	6.51M	7.91M
Cash Flow
Free Cash Flow	-737.00K	-1.32M	-3.35M	-413.00K	-10.00K	-73.00K
Operating Cash Flow	-735.00K	-1.32M	-3.35M	-397.00K	51.00K	36.00K
Investing Cash Flow	-2,000	0	21.38M	1.11M	322.00K	-109.00K
Financing Cash Flow	-167.00K	-372.00K	-16.59M	-272.00K	86.00K	-587.00K

International Equities Corp. Ltd. Technical Analysis

Technical Analysis SentimentPositive

Last Price0.04

Price Trends

50DMA0.03Positive

100DMA0.02Positive

200DMA0.02Positive

Market Momentum

MACD0.00Negative

RSI59.95Neutral

STOCH0.00Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IEQ, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of 0.00 indicates Negative momentum. The RSI at 59.95 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:IEQ.

International Equities Corp. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

AU:IEQ against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AU:ARG	77Outperform	AUD 7.00B	27.35	3.80%	4.14%	2.17%	0.68%
AU:MFF	67Neutral	AUD 3.12B	18.98	6.21%	4.11%	44.63%	-63.30%
AU:MIR	65Neutral	AUD 517.06M	39.83	2.07%	4.53%	45.10%	44.28%
AU:PIC	60Neutral	AUD 414.16M	34.02	2.56%	7.41%	86.21%	-44.46%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
AU:TOP	55Neutral	AUD 89.46M	140.79	0.55%	5.14%	-103.93%	-92.24%
AU:IEQ	43Neutral	AUD 5.13M	-4.76	-21.81%	―	-37.13%	―

* General Sector Average

Performance Comparison

AU:IEQ and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
AU:IEQ	International Equities Corp. Ltd.	0.04	0.00	0.00%
AU:PIC	Perpetual Equity Investment Co. Ltd.	1.07	-0.06	-5.45%
AU:TOP	Thorney Opportunities Ltd.	0.54	-0.12	-18.69%
AU:ARG	Argo Investments Limited	9.30	0.53	5.98%
AU:MFF	MFF Capital Investments Ltd.	5.23	0.67	14.77%
AU:MIR	Mirrabooka Investments Ltd	2.31	-0.81	-25.89%

International Equities Corp. Ltd. Corporate Events

International Equities Narrows Quarterly Loss as Revenue Slips and NTA Declines

Apr 17, 2026

International Equities Corporation Ltd. reported a 7.99% decline in revenues from ordinary activities to A$1.716 million for the quarter ended 31 March 2026, compared with A$1.865 million a year earlier. The company’s net loss attributable to m...

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.

Date of analysis: Jul 02, 2026

International Equities Corp. Ltd. AI Stock Analysis