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Frugl Group Limited
(Sydney:IFG)
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Rating:42Neutral
Price Target:
AU$0.01
▼(-50.00% Downside)
Action:Reiterated
Date:09/06/26
The score is primarily constrained by weak financial performance: persistent deep losses, ongoing negative free cash flow, and a 2026 balance sheet deterioration to negative equity with higher debt. Valuation is also challenged by losses (negative P/E) and no dividend yield data, while technicals cannot be assessed due to missing indicators and therefore contribute neutrally.
Positive Factors
Revenue Scaling
Sharp revenue scaling indicates the company has expanded its commercial activity and established a larger operating base. If management can improve unit economics and control costs, this broader revenue platform could provide greater leverage for future profitability and reinvestment.
Negative Factors
Persistent Unprofitability
Profitability has not kept pace with revenue expansion, with gross profit turning negative and operating losses remaining very large relative to sales. This points to weak or deteriorating unit economics and makes durable earnings generation dependent on substantial operational improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Scaling
Sharp revenue scaling indicates the company has expanded its commercial activity and established a larger operating base. If management can improve unit economics and control costs, this broader revenue platform could provide greater leverage for future profitability and reinvestment.
Read all positive factors
Frugl Group Limited (IFG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$3.63M
Dividend YieldN/A
Average Volume (3M)1.03M
Price to Earnings (P/E)―
Beta (1Y)2.77
Revenue Growth-1.65%
EPS Growth17.26%
CountryAU
Employees1
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)-0.02
Shares Outstanding519,177,800
10 Day Avg. Volume281,159
30 Day Avg. Volume1,028,365
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)-0.86
Price to Sales (P/S)0.71
P/FCF Ratio-1.52
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
Frugl Group Limited Business Overview & Revenue Model
Company Description
Based in Northbridge, Australia, InFocus Group Holdings Limited (formerly Frugl Group Limited until November 2024) was established in 2001 as a data intelligence and software solutions provider. The company's operations encompass several key areas...
Frugl Group Limited Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
22
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.35M | 4.43M | 796.60K | 162.26K | 142.83K |
| Gross Profit | -2.90M | -1.11M | 688.48K | 162.26K | 142.83K |
| EBITDA | -3.42M | -3.26M | -2.86M | -2.20M | -2.23M |
| Net Income | -7.74M | -3.86M | -3.11M | -2.28M | -2.24M |
Balance Sheet | |||||
| Total Assets | 6.29M | 6.51M | 4.91M | 1.42M | 226.61K |
| Cash, Cash Equivalents and Short-Term Investments | 228.58K | 552.83K | 652.91K | 1.30M | 73.81K |
| Total Debt | 7.29M | 1.99M | 1.47M | 0.00 | 700.00K |
| Total Liabilities | 9.87M | 4.16M | 2.36M | 421.39K | 1.05M |
| Stockholders Equity | -3.58M | 2.36M | 2.54M | 998.62K | -824.38K |
Cash Flow | |||||
| Free Cash Flow | -2.03M | -1.07M | -2.76M | -2.05M | -1.93M |
| Operating Cash Flow | -2.02M | -796.19K | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | -1.78M | -776.77K | -69.64K | 0.00 | -10.16K |
| Financing Cash Flow | 3.54M | 1.45M | 1.97M | 3.28M | 1.75M |
Frugl Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | AU$77.05M | 18.02 | 5.40% | ― | 28.01% | 2.38% | |
65 Neutral | AU$31.07M | 40.53 | 6.26% | ― | 15.94% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | AU$12.05M | 18.89 | 56.26% | 4.07% | 17.11% | ― | |
52 Neutral | AU$3.77M | -5.33 | -92.86% | 7.58% | ― | ― | |
42 Neutral | AU$3.63M | -0.37 | 677.52% | ― | -1.65% | 17.26% | |
42 Neutral | AU$1.18M | -0.02 | -122.17% | 900.00% | -60.21% | 42.32% |
* Technology Sector Average
AU:IFG
Frugl Group Limited
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Frugl Group Limited Corporate Events
Infocus Group Plans Major Equity Placement with Shares and Options
Sep 2, 2026
Infocus Group Holdings Limited has notified the ASX of a proposed placement involving a substantial new issue of securities, including 90 million ordinary fully paid shares and a total of 115 million options exercisable at $0.01, all scheduled for...
InFocus raises $450,000 to drive Codexa rollout and iGaming strategy
Sep 2, 2026
InFocus Group Holdings has secured firm commitments for a $450,000 equity placement at $0.005 per share, with attached options, to accelerate commercialisation of its Codexa sweepstakes casino platform and fund related patent filings. The proceeds...
InFocus Group posts higher revenue but deeper loss and exits Thai subsidiary
Aug 31, 2026
InFocus Group Holdings Limited has reported preliminary unaudited financial results for FY2026 showing a 17.7% rise in revenue to about A$6.26 million, but a sharp increase in net loss from ordinary activities after tax to approximately A$7.74 mil...
InFocus Group Issues Shares Under Cleansing Statement Without Disclosure Document
Aug 14, 2026
InFocus Group Holdings has completed an issue of shares on 12 August 2026 without a disclosure document, relying on provisions under the Corporations Act that permit such placements. The company states it is fully compliant with its financial repo...
InFocus Group boosts Codexa platform with VIP experience and AI compliance engine
Aug 11, 2026
InFocus Group Holdings Limited has unveiled the first significant upgrade to its Codexa sweepstakes casino platform, developed by IFG iGaming for the U.S. market. The release marks a strategic effort to blend a premium, VIP-style online casino exp...
InFocus launches Codexa and streamlines operations with Prodigy9 divestment
Jul 31, 2026
InFocus Group Holdings has launched Codexa, its first proprietary sweepstakes casino platform under InFocus Gaming Technologies, targeting the US market and pursuing a multi-track commercialisation strategy including white-label licensing, managed...
InFocus issues 1.8 million shares and lodges cleansing notice
Jun 19, 2026
InFocus Group Holdings has issued 1,807,143 new shares on 15 June 2026 without a prospectus, relying on disclosure exemptions under the Corporations Act. The company stated it remains compliant with financial reporting and continuous disclosure ob...
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.