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Invictus Energy Limited
(Sydney:IVZ)
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Rating:48Neutral
Price Target:
AU$0.06
▼(-3.33% Downside)
Action:Reiterated
Date:06/26/26
The score is primarily held back by weak financial performance driven by ongoing losses and continued cash burn, despite a strong low-debt balance sheet. Technicals add caution with the share price trading below major moving averages and negative MACD. Valuation is neutral because negative earnings make the P/E less informative and no dividend yield is available.
Positive Factors
Low leverage / strong balance sheet
Extremely low debt reduces solvency and refinancing risk during multi-year exploration and appraisal cycles. A conservative capital structure preserves flexibility to pursue farm-outs or partner-funded drilling, and supports resilience if further cash raises are delayed.
Negative Factors
Persistent negative operating cash flow
Ongoing operating cash burn forces reliance on external funding, asset sales, or dilutive equity raises to finance exploration and wells. Continued negative cash flow constrains project timelines, increases financing risk, and can delay value crystallisation absent partner funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Extremely low debt reduces solvency and refinancing risk during multi-year exploration and appraisal cycles. A conservative capital structure preserves flexibility to pursue farm-outs or partner-funded drilling, and supports resilience if further cash raises are delayed.
Read all positive factors
Invictus Energy Limited (IVZ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$114.33M
Dividend YieldN/A
Average Volume (3M)1.76M
Price to Earnings (P/E)―
Beta (1Y)1.08
Revenue GrowthN/A
EPS Growth-20.69%
CountryAU
Employees503
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,786,337,400
10 Day Avg. Volume1,175,992
30 Day Avg. Volume1,758,625
Financial Highlights & Ratios
PEG Ratio0.78
Price to Book (P/B)0.56
Price to Sales (P/S)278.37
P/FCF Ratio-6.29
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
Invictus Energy Limited Business Overview & Revenue Model
Company Description
Invictus Energy Limited operates as an independent upstream oil and gas company, concentrating its efforts on the exploration and evaluation of its Cabora Bassa project. The firm possesses an 80% interest in the SG 4571 concession, which encompass...
How the Company Makes Money
Invictus Energy Limited is a pre-production exploration company, so its ability to generate recurring operating revenue from oil and gas sales is not evidenced by publicly available information in this context; therefore, the primary mechanisms by...
Invictus Energy Limited Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
74
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 236.98K | 273.12K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -176.98K | 273.12K | -241.91K | -250.38K | -264.00K | -136.14K |
| EBITDA | -5.72M | -4.68M | -5.05M | -4.64M | -3.47M | -1.11M |
| Net Income | -5.58M | -4.65M | -5.00M | -4.66M | -3.64M | -1.22M |
Balance Sheet | ||||||
| Total Assets | 135.62M | 138.17M | 126.75M | 98.95M | 43.13M | 18.39M |
| Cash, Cash Equivalents and Short-Term Investments | 4.51M | 8.80M | 3.26M | 22.93M | 13.72M | 9.14M |
| Total Debt | 621.78K | 167.69K | 219.16K | 365.06K | 492.10K | 95.19K |
| Total Liabilities | 1.45M | 982.54K | 3.31M | 2.90M | 4.62M | 427.62K |
| Stockholders Equity | 134.20M | 136.98M | 123.03M | 95.32M | 37.48M | 16.92M |
Cash Flow | ||||||
| Free Cash Flow | -4.55M | -12.10M | -49.86M | -51.24M | -15.80M | -2.11M |
| Operating Cash Flow | -4.54M | -4.52M | -2.57M | -2.57M | -1.62M | -767.68K |
| Investing Cash Flow | -4.11M | -7.58M | -47.29M | -49.46M | -14.21M | -1.34M |
| Financing Cash Flow | -31.89K | 17.57M | 30.19M | 60.92M | 20.37M | 9.79M |
Invictus Energy Limited Technical Analysis
Negative
0.06
Price Trends
0.06
Negative
0.06
Negative
0.07
Negative
Market Momentum
>-0.01
Positive
48.12
Neutral
-4.17
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IVZ, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.12 is Neutral, neither overbought nor oversold. The STOCH value of -4.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:IVZ.
Invictus Energy Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$73.83M | 18.55 | 7.48% | 6.38% | -8.38% | -31.11% | |
67 Neutral | AU$77.26M | 5.63 | 14.63% | 2.76% | -45.07% | 297.79% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
53 Neutral | AU$196.80M | -37.50 | -0.67% | ― | ― | -149.12% | |
52 Neutral | AU$27.72M | 8.51 | 7.43% | 120.69% | -61.42% | 61.26% | |
48 Neutral | AU$114.33M | -18.00 | -4.12% | ― | ― | -20.69% | |
43 Neutral | AU$58.00M | -70.00 | -13.37% | ― | ― | 33.33% |
* Energy Sector Average
AU:IVZ
Invictus Energy Limited
0.06
-0.16
-73.18%
AU:CUE
Cue Energy Resources Limited
0.12
<0.01
7.48%
AU:CVN
Carnarvon Energy Limited
0.11
0.00
0.00%
AU:FAR
FAR Ltd
0.29
0.11
64.77%
AU:ECH
New Zealand Oil & Gas Limited
0.35
-0.02
-4.11%
AU:PCL
Pancontinental Energy NL
0.01
0.00
0.00%
Invictus Energy Limited Corporate Events
Invictus Secures Zimbabwe Gas Pact and Funds Musuma-1 Push
Jul 24, 2026
Invictus Energy has cemented its position in Zimbabwe’s emerging gas sector by signing a landmark Petroleum Production Sharing Agreement with the Republic of Zimbabwe, providing a long-term legal, fiscal and operational framework for the Cab...
Invictus Energy shareholders back all resolutions at general meeting
Jul 9, 2026
Invictus Energy said all resolutions put to shareholders at its 8 July general meeting were passed by poll, including ratifications of prior issues of placement shares, options and securities to brokers and the S3 Consortium. The strong approval a...
Invictus Energy Advances Musuma-1 Preparations With Key Contracts and Rig Mobilisation
Jul 6, 2026
Invictus Energy has awarded multiple contracts for wellpad construction, civil works, access road upgrades and water supply infrastructure to support the Musuma-1 exploration well in Zimbabwe’s Cabora Bassa Project. The company has also eval...
Invictus Energy Defends Timing of Zimbabwe PPSA Disclosure to ASX
Jun 10, 2026
Invictus Energy has confirmed that its Zimbabwean subsidiary Geo Associates and the Republic of Zimbabwe have executed a Petroleum Production Sharing Agreement for the Cabora Bassa Project, an event the company acknowledges as material to the valu...
Invictus Energy Options Expire, Trimming Future Equity Overhang
Jun 9, 2026
Invictus Energy has notified the ASX that 256,022,923 IVZOA options, which were due to expire on 7 June 2026, have ceased following expiry without being exercised. The lapse of these options reduces the company’s potential future share dilut...
Invictus Energy expands share base as Mukuyu gas discovery advances
Jun 9, 2026
Invictus Energy has issued nearly 4 million new shares following the vesting of performance rights and the exercise of listed options, expanding its share base as it progresses development of the Mukuyu gas field in Zimbabwe’s Cabora Bassa B...
Invictus Energy Seeks ASX Quotation for New Shares from Option Conversions
Jun 9, 2026
Invictus Energy Ltd has applied to the ASX for quotation of new securities to be issued following the exercise of options or conversion of other convertible instruments. The application, lodged on 9 June 2026 under Appendix 2A, outlines that these...
Invictus Energy Seeks ASX Quotation for Nearly 4 Million New Shares
Jun 9, 2026
Invictus Energy Ltd has applied for quotation on the ASX of 3,999,997 new ordinary fully paid shares under code IVZ. The shares, issued on June 9, 2026, arise from the exercise or conversion of existing options or other convertible securities and ...
Invictus Energy Seeks Quotation for Additional Ordinary Shares on ASX
May 28, 2026
Invictus Energy Ltd has lodged an application with the ASX for quotation of 15,194 ordinary fully paid shares, to be issued on May 28, 2026. The additional securities, arising from the exercise or conversion of existing instruments, modestly incre...
Invictus Energy issues new shares via option conversion and affirms disclosure compliance
May 28, 2026
Invictus Energy has issued 15,194 new shares following the conversion of $0.20 listed options, a small capital increase that marginally expands the company’s shareholder base. The company states the shares were issued without a prospectus un...
Invictus Secures Landmark Production Sharing Deal for Zimbabwe Gas Project
May 27, 2026
Invictus Energy has executed a landmark Petroleum Production Sharing Agreement with the Republic of Zimbabwe for the Cabora Bassa Project via its subsidiary Geo Associates. The deal establishes a comprehensive legal, fiscal and operational framewo...
Invictus Energy Sets June 2026 Expiry for Listed Options
May 8, 2026
Invictus Energy has notified holders of its listed options that the securities, exercisable at $0.20 each, will expire at 5:00 pm AEST on 7 June 2026. Official quotation of the options on the ASX will cease at the close of trading on 2 June 2026, ...
Invictus Energy starts Musuma-1 wellpad work ahead of 2026 drilling in Zimbabwe
May 7, 2026
Invictus Energy has begun preparations for the Musuma-1 exploration wellpad in Zimbabwe’s Cabora Bassa Basin, marking the next phase of its drilling program scheduled for the second half of 2026. The Musuma-1 site and wellpad have been surve...
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.