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Multistack International Limited (MSI) AI Stock Analysis
Multistack International Limited
(ASX:MSI)
The score is held back primarily by weak and volatile operating performance and a high-risk balance sheet with persistent negative equity, partially offset by the 2025 rebound to positive operating/free cash flow and an optically low P/E valuation. Technical and earnings-call/event-based conviction is limited due to missing data.
Multistack International Limited (MSI) vs. iShares MSCI Australia ETF (EWA)
Not enough price history over this period.
- Market Cap
- AUD 681.52K
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- 0.7
- Beta (1Y)
- 0.13
- Revenue Growth
- -54.52%
- EPS Growth
- -19.12%
- Country
- Australia
- Employees
- 7
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Industrial - Machinery
Multistack International Limited Business Overview & Revenue Model
Company Description
Multistack International Limited operates predominantly within Australia, specializing in the marketing and supply of industrial air conditioning equipment. The company's core offerings include the sale and maintenance of its proprietary Multistack w...
How the Company Makes Money
Detailed, factual information about MSI’s revenue model, key revenue streams, or significant partnerships is not available in the provided context. null
Multistack International Limited Financial Statement Overview
Summary
Overall financial strength is weak: operating performance is structurally challenged with negative EBIT/EBITDA margins and sharply lower 2025 revenue (-29.4% YoY). The balance sheet is a major risk due to persistent negative equity (2022–2025). Cash flow is the main offset, improving to positive operating and free cash flow in 2025 (~1.34m), but the history of inconsistency and weak operating profitability raises sustainability concerns.
Income Statement
18Very NegativeBalance Sheet
12Very NegativeCash Flow
34Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 225.18K | 158.89K | 374.03K | 1.76M | 632.80K | 643.85K |
| Gross Profit | 75.86K | -328.07K | 120.32K | -74.19K | 329.89K | 114.01K |
| EBITDA | -876.99K | -1.59M | -1.39M | -668.00K | -859.00K | -931.00K |
| Net Income | 1.86M | 2.26M | -1.68M | -892.00K | -1.83M | -1.13M |
Balance Sheet | ||||||
| Total Assets | 1.71M | 1.30M | 3.80M | 3.30M | 5.05M | 5.59M |
| Cash, Cash Equivalents and Short-Term Investments | 1.54M | 1.11M | 975.61K | 646.82K | 1.47M | 2.02M |
| Total Debt | 918.46K | 924.92K | 4.91M | 3.37M | 3.49M | 3.40M |
| Total Liabilities | 2.88M | 2.90M | 7.65M | 5.47M | 6.33M | 5.04M |
| Stockholders Equity | -1.17M | -1.60M | -3.86M | -2.18M | -1.29M | 546.08K |
Cash Flow | ||||||
| Free Cash Flow | 1.64M | 1.34M | -493.31K | -729.87K | -2.79M | -530.21K |
| Operating Cash Flow | 1.64M | 1.34M | -493.31K | -729.87K | -2.79M | -530.21K |
| Investing Cash Flow | 0 | 0 | 0 | 634 | 641.26K | 25.95K |
| Financing Cash Flow | -1.26M | -1.20M | 822.10K | -93.38K | -91.55K | 1.52M |
Multistack International Limited Peers Comparison
Overall Rating
AU:HIT68Neutral
AU:DEM67Neutral- AU:MSI50Neutral
AU:AEI44Neutral
AU:EGY43Neutral
AU:ECT38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:HIT | 68Neutral | AUD 49.31M | 10.98 | 35.47% | 7.98% | -3.10% | -35.68% |
| AU:DEM | 67Neutral | AUD 36.00M | -35.29 | -7.59% | ― | 23.31% | 50.00% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| AU:MSI | 50Neutral | AUD 408.91K | 0.73 | -65.96% | ― | -54.52% | -19.12% |
| AU:AEI | 44Neutral | AUD 11.59M | -2.12 | 63.59% | ― | -1.99% | -14.88% |
| AU:EGY | 43Neutral | AUD 18.74M | -1.15 | 63.18% | ― | -51.10% | 2.79% |
| AU:ECT | 38Underperform | AUD 38.13M | -5.27 | -27.29% | ― | ― | 29.52% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:MSI | Multistack International Limited | ― | ― | ― | |
| AU:HIT | Hitech Group Australia Limited | 1.06 | -0.53 | -33.19% | |
| AU:AEI | Aeris Environmental Ltd | 0.04 | -0.02 | -29.31% | |
| AU:ECT | Environmental Clean Technologies Limited | 0.08 | -0.03 | -29.09% | |
| AU:DEM | De.mem Ltd. | 0.12 | -0.00 | -4.17% | |
| AU:EGY | Energy Technologies Limited | 0.03 | 0.00 | 20.00% |
Multistack International Limited Corporate Events
Multistack International Files Half-Year 2026 Financial Report
Multistack International Ltd has released its financial report for the half-year ended 30 June 2026, covering the company and its controlled entities. The report is intended to be read in conjunction with the full-year financial statements for the ye...
Multistack Half-Year Profit Falls Amid Revenue Collapse, Asset Backing Turns Positive
Multistack International Limited operates in the industrial sector supplying heating, ventilation and air conditioning solutions via its controlled entities. The ASX-listed group serves commercial and institutional markets, where performance depends...
Multistack Sells Main Business and Seeks New Opportunities After June Quarter
Multistack International Limited reported that in the June 2026 quarter its principal activities remained the sale, marketing and distribution of Multistack water-cooled and air-cooled chillers, though revenue was limited to spare parts sales as the...
Multistack International posts operating cash outflows but lifts liquidity after subsidiary disposal
Multistack International reported operating cash outflows of A$226,290 for the June 2026 quarter and A$401,605 for the year to date, driven by staff, administrative, and corporate costs alongside discontinued operations. The company did not record an...
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 02, 2026