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Kalina Power Limited (KPO) AI Stock Analysis
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Kalina Power Limited
(ASX:KPO)
The score is held back primarily by weak and unstable fundamentals—no revenue and persistent operating losses despite a one-year improvement in net income and cash flow—alongside bearish-to-soft technical momentum. A low P/E provides some valuation support, but it is tempered by questions about earnings quality and sustainability.
Kalina Power Limited (KPO) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 38.90M
- Dividend Yield
- ―
- Average Volume (3M)
- 2.65M
- Price to Earnings (P/E)
- 2.4
- Beta (1Y)
- 0.57
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Australia
- Employees
- 1
- Sector
- Utilities
- Sector Strength
- 66
- Industry
- Diversified Utilities
Kalina Power Limited Business Overview & Revenue Model
Company Description
Operating as an energy enterprise, Kalina Power Limited extends its reach across Australia, China, Canada, and the United States. The company primarily generates electricity by utilizing its proprietary Kalina Cycle technology, drawing power from was...
Kalina Power Limited Financial Statement Overview
Summary
Financials are weak overall despite a stronger 2026 snapshot. The income statement shows no revenue across 2021–2026 and persistent operating losses, with 2026 net income improvement appearing driven by non-operating factors rather than core operations. The balance sheet risk looks contained (debt falls to zero in 2026 and equity rises), but historical instability and previously deeply negative ROE reduce confidence. Cash flow improved sharply in 2026 after multiple years of cash burn, but volatility raises sustainability concerns.
Income Statement
22NegativeBalance Sheet
55NeutralCash Flow
48Neutral| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -5,286 | -5,286 | -5,173 | -9,670 | -11.78K | -9,658 |
| EBITDA | -3.93M | -3.93M | 911 | -3.99M | -4.78M | -4.93M |
| Net Income | 15.84M | 15.84M | -4,673 | -4.08M | -4.66M | -4.66M |
Balance Sheet | ||||||
| Total Assets | 14.96M | 14.96M | 1.69M | 461.10K | 875.71K | 5.49M |
| Cash, Cash Equivalents and Short-Term Investments | 12.33M | 12.33M | 1.52M | 255.21K | 706.66K | 5.35M |
| Total Debt | 2.65M | 2.65M | 2.61M | 2.42M | 2.30M | 2.16M |
| Total Liabilities | 3.50M | 3.50M | 5.12M | 3.18M | 3.32M | 2.97M |
| Stockholders Equity | 22.83M | 22.83M | 7.92M | 8.93M | 9.13M | 13.81M |
Cash Flow | ||||||
| Free Cash Flow | 13.29M | 13.05M | -3,466 | -3.87M | -4.64M | -5.03M |
| Operating Cash Flow | 13.30M | 13.05M | -3,463 | -3.86M | -4.64M | -5.02M |
| Investing Cash Flow | -2.49M | -2.25M | 1,110 | 521 | 2.46M | -2.42M |
| Financing Cash Flow | 501 | 501 | 3,622 | 3.41M | 1,883 | 9.30M |
Kalina Power Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KPO, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 25.78 is Positive, 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 Negative sentiment for AU:KPO.
Kalina Power Limited Peers Comparison
Overall Rating
AU:VPR62.5Neutral- AU:KPO49Neutral
AU:BTE44Neutral
AU:JNS44Neutral
AU:14D39Underperform
AU:CCE33Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 66Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% |
| AU:VPR | 63Neutral | AUD 17.12M | 9.46 | 12.83% | ― | 57.73% | 30.59% |
| AU:KPO | 49Neutral | AUD 38.90M | 2.36 | 65.86% | ― | ― | ― |
| AU:BTE | 44Neutral | AUD 19.51M | -4.54 | -16.86% | ― | ― | 9.84% |
| AU:JNS | 44Neutral | AUD 90.64M | -6.35 | -718.72% | ― | 27.74% | 49.26% |
| AU:14D | 39Underperform | AUD 20.97M | -1.85 | -138.53% | ― | ― | -29.75% |
| AU:CCE | 33Underperform | AUD 61.96M | -20.71 | -14.42% | ― | 42.98% | -9.38% |
* Utilities Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:KPO | Kalina Power Limited | 0.01 | -0.01 | -40.91% | |
| AU:CCE | Carnegie Clean Energy Ltd | 0.14 | 0.07 | 90.79% | |
| AU:JNS | ReNu Energy Limited | 0.48 | 0.31 | 182.35% | |
| AU:14D | 1414 Degrees Ltd. | 0.03 | -0.00 | -3.33% | |
| AU:VPR | Volt Power Group Ltd | 0.10 | -0.04 | -27.59% | |
| AU:BTE | Botala Energy Ltd. | 0.05 | -0.01 | -16.67% |
Kalina Power Limited Corporate Events
Kalina Power leverages Alberta policy tailwinds to advance data centre-focused gas projects
Kalina Power reported continued progress on its Alberta gas-fired power portfolio in the September quarter, positioning its five secured projects as early-mover solutions for the province’s surge in power demand from data centres and AI hypersc...
Kalina Power updates ASX on directors’ changes in securities holdings
Kalina Power Limited has notified the ASX of changes in directors’ interests, in line with listing rule 3.19A.2 and section 205G of the Corporations Act, covering directors Malcolm Jacques and Peter Littlewood. The disclosure includes the lapse...
Kalina Power updates market on director’s change in securities
Kalina Power Limited has reported a change in the securities interests of director Ross MacLachlan, in line with ASX listing rule disclosure requirements and Australian corporate law. The update notes the disposal of 1,250,000 unlisted options previo...
Kalina Power Options Lapse, Streamlining Capital Structure
Kalina Power Limited has notified the market of the cessation of a large tranche of listed options, following their expiry without being exercised. The company reported that 75,111,485 options, previously trading under the code KPOAR and carrying an...
Kalina Power Seeks ASX Quotation for Additional Ordinary Shares
Kalina Power Limited has lodged an application with the ASX for quotation of an additional 26,785 ordinary fully paid shares. The new securities, issued on 14 October 2026, will be traded under the existing ticker KPO once admitted to quotation.The s...
Kalina Power Updates Directors’ Shareholdings Amid Low-Carbon Power Push
Kalina Power Limited has reported changes in directors’ interests in its securities, in line with ASX listing rule requirements and the Corporations Act disclosure obligations. The notice covers updates for directors Stephen White, Ross MacLach...
Kalina Power Seeks ASX Quotation for Over 20 Million New Shares
Kalina Power Limited has lodged an application with the ASX for quotation of 20,256,750 ordinary fully paid shares under its existing ticker, KPO. The new securities, issued on October 9, 2026, expand the company’s tradable share base and may i...
Kalina Power Updates Market on Director Securities Interest Changes
Kalina Power Limited has reported changes to the securities interests held by several directors, including Stephen White, in accordance with ASX listing rules and Australian corporate law. The filing notes, among other adjustments, the lapse of 9.6 m...
Kalina Power Options Lapse, Simplifying Capital Structure
Kalina Power Limited has confirmed the lapse of 96,870,000 options, identified as KPOAE, which were due to expire on various dates at various exercise prices. The options ceased on 30 September 2026 because the conditions attached to these conditiona...
Kalina Power Details Governance Framework in 2026 Annual Report
Kalina Power Limited has released its annual report to shareholders for the year ended 30 June 2026, outlining its corporate structure, governance arrangements, and key advisory relationships. The report confirms the company’s ongoing complianc...
Kalina Power Files Appendix 4G, Confirms 2026 Governance Compliance
Kalina Power Limited has lodged its Appendix 4G and confirmed that its corporate governance statement for the year to 30 June 2026 is available on its investor website, in line with ASX Listing Rule requirements. The company states that the governanc...
Kalina Power Outlines Board Structure and Governance Practices
Kalina Power Limited has detailed its corporate governance framework, outlining how its board of directors oversees business strategy, risk management, compliance and performance, while delegating daily operations to executive directors and senior ma...
Kalina Power seeks ASX quotation for 37.8 million new shares
Kalina Power Limited has applied to the ASX for quotation of 37,800,000 ordinary fully paid shares, expanding its listed securities base under the code KPO. The new shares, issued on 23 September 2026, indicate a material increase in the company̵...
Kalina Power Sets Date for Online AGM and Director Nomination Deadline
Kalina Power Limited has scheduled its 2026 Annual General Meeting for 17 November 2026 at 10:00am AEDT, to be held online, with formal meeting materials to be circulated to shareholders in due course. The decision to host the AGM virtually underscor...
Kalina Power seeks ASX quotation for 1,017,000 new shares
Kalina Power Limited has lodged an application with the ASX for quotation of additional ordinary fully paid shares. The company is seeking quotation for 1,017,000 new KPO securities, which were issued on 15 September 2026, modestly increasing its fre...
Kalina Power Seeks ASX Quotation for Additional Ordinary Shares
Kalina Power Limited, an energy-focused company listed on the ASX under code KPO, issues ordinary fully paid shares to fund and advance its power-related technologies and projects. The company’s listed equity provides investors with direct expo...
Kalina Power Swings to Profit Despite Zero Operating Revenue
Kalina Power Limited has reported a sharp turnaround in its preliminary results for the year to 30 June 2026, posting a net profit attributable to members of $15.84 million compared with a loss of $4.67 million in the prior year. The improvement was...
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 13, 2026