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Norwood Systems Ltd
(Sydney:NOR)
Norwood Systems Ltd (NOR) vs. iShares MSCI Australia ETF (EWA)
Norwood Systems Ltd Business Overview & Revenue Model
Norwood Systems Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.90M | 1.90M | 1.14M | 964.20K | 1.23M | 1.05M |
| Gross Profit | -739.75K | -739.75K | -1.44M | -1.30M | -453.76K | -632.00K |
| EBITDA | -219.07K | -219.07K | -2.44M | -1.74M | -902.00K | -1.41M |
| Net Income | -599.72K | -599.72K | -2.58M | -1.89M | -1.08M | -871.00K |
Balance Sheet | ||||||
| Total Assets | 1.43M | 1.43M | 522.91K | 752.59K | 917.80K | 327.84K |
| Cash, Cash Equivalents and Short-Term Investments | 137.76K | 137.76K | 68.98K | 380.14K | 496.93K | 58.47K |
| Total Debt | 950.45K | 950.45K | 767.23K | 790.01K | 965.89K | 535.40K |
| Total Liabilities | 2.18M | 2.18M | 1.75M | 1.85M | 1.75M | 1.48M |
| Stockholders Equity | -746.91K | -746.91K | -1.23M | -1.10M | -835.13K | -1.15M |
Cash Flow | ||||||
| Free Cash Flow | -653.22K | -653.22K | -2.01M | -1.22M | -1.09M | -403.88K |
| Operating Cash Flow | -653.22K | -653.22K | -2.00M | -1.18M | -1.09M | -402.94K |
| Investing Cash Flow | -149.24K | -149.24K | -2.67K | -39.78K | -3.03K | -939.00 |
| Financing Cash Flow | 871.25K | 871.25K | 1.70M | 1.10M | 1.53M | 309.63K |
Norwood Systems Ltd Technical Analysis
Norwood Systems Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
46 Neutral | AU$12.13M | -2.72 | -18.92% | ― | 8.20% | 37.20% | |
42 Neutral | AU$39.28M | -10.42 | -166.02% | ― | -11.11% | -71.43% | |
42 Neutral | AU$4.60M | -6.25 | -11.62% | ― | -9.44% | 83.16% | |
41 Neutral | AU$26.34M | -38.89 | -3.77% | ― | -7.05% | 75.68% | |
40 Underperform | AU$9.29M | -13.85 | ― | ― | 66.48% | 77.19% | |
38 Underperform | €9.54M | -2.02 | ― | ― | 12.24% | 55.89% |
Norwood Systems Ltd Corporate Events
Norwood Systems Ltd has announced its Annual General Meeting (AGM) for shareholders, scheduled for November 28, 2025, at 4:00 PM AWST in Nedlands, WA. The company will not send physical copies of the meeting notice but will provide it electronically. Shareholders can attend the meeting in person or participate by voting online or by proxy. The company emphasizes the importance of shareholder participation in the meeting and provides multiple avenues for engagement, ensuring stakeholders are informed and involved in the decision-making process.
Norwood Systems Ltd reported a second consecutive quarter of positive operating cash flow, enabling debt reduction and highlighting strong project progress, particularly with Optus and Microsoft partnerships. The company achieved significant industry recognition with multiple awards, underscoring its strategic positioning and commitment to innovation. The ongoing development of products like OpenSpan and partnerships with major tech firms are expected to strengthen Norwood’s market presence and operational capabilities.
Norwood Systems Limited announced the resignation of Dr. John Tarrant as a director, effective September 17, 2025. Dr. Tarrant held significant interests in the company, including over 112 million ordinary shares and options. His departure may impact the company’s strategic direction and stakeholder confidence, given his substantial shareholding and involvement in the company.
Norwood Systems Ltd announced the retirement of Dr. John Tarrant as Chair and Non-Executive Director, effective immediately. Dr. Tarrant’s tenure saw the company strengthen its commercial position, secure significant contracts, and build strategic partnerships, notably with Microsoft. His departure is seen as an opportunity for board renewal as Norwood continues its growth in the global market. CEO Paul Ostergaard praised Dr. Tarrant’s leadership, which has left the company in a strong position with a robust sales pipeline and strategic clarity.
Norwood Systems Ltd has announced an update regarding the refinancing of the remaining balance of its Balmain loan. The new loan facility is provided by Dilek Saticieli, a shareholder with 8,000,000 Fully Paid Ordinary Shares in the company. This refinancing arrangement may impact Norwood’s financial stability and shareholder relations.
Norwood Systems Ltd has successfully refinanced the remaining balance of its loan from Balmain Resources Pty Ltd through a short-term unsecured loan facility of A$345,000. This refinancing eliminates exposure to default interest under the previous facility and aligns repayment schedules with expected cash receipts, thereby improving financial stability and operational predictability.
Norwood Systems Ltd has announced a twelfth variation to its cash drawdown facility agreement with Balmain Resources Pty Ltd, extending the repayment date to September 3, 2025, while maintaining an interest rate of 7.95% and incurring a $3,000 extension fee. This facility has been crucial in providing Norwood with the working capital needed to secure the Optus contract and support its growth strategy, positioning the company for continued revenue and cash flow expansion in 2025.
Norwood Systems Ltd has announced an eleventh variation to its cash drawdown facility, extending the repayment date to 31st August 2025, with an interest rate of 7.95% and an extension fee of 1.75%. This facility, initially set up in April 2024, has been crucial in providing the working capital needed for Norwood to secure significant contracts, such as with Optus, and to support its growth strategy, avoiding unnecessary dilution and focusing on sustainable, cash-flow-driven growth.