NSX Limited (NSX) AI Stock Analysis

• Market Cap: AU$11.08M
• Dividend Yield: N/A
• Average Volume (3M): 47.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.47
• Revenue Growth: 23.28%
• EPS Growth: 7.37%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 70
• Industry: Financial - Data & Stock Exchanges
• EPS (TTM): >-0.01
• Shares Outstanding: 503,409,360
• 10 Day Avg. Volume: 40,015
• 30 Day Avg. Volume: 47,169
• PEG Ratio: <0.01
• Price to Book (P/B): -4.20
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.15
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

NSX Limited's overall stock score is driven by significant financial challenges, including declining revenues and persistent losses. The company's negative equity highlights solvency risks, and the reliance on external financing underscores liquidity concerns. While technical indicators provide some hope for short-term momentum, the lack of profitability and dividend yield detracts from the stock's attractiveness. This score reflects the urgent need for financial and operational restructuring to improve the company's outlook.

NSX Limited Business Overview & Revenue Model

Company Description

NSX Limited (NSX) is a company that operates in the financial services sector, specifically focusing on the operation of a stock exchange. It provides a platform for the listing and trading of securities, offering a marketplace for companies to raise capital by issuing shares to investors. NSX is dedicated to facilitating transparent and efficient transactions, catering to the needs of both issuers and investors.

How the Company Makes Money

NSX makes money primarily through listing fees charged to companies that seek to have their securities listed on the exchange. These fees can include initial listing fees, annual listing fees, and additional fees for corporate actions such as issuing new shares or restructuring. Additionally, NSX earns revenue from transaction fees charged to brokers and traders who buy and sell securities on the exchange. This includes fees based on the volume or value of trades executed. NSX may also derive income from data services, providing market data and information to financial institutions, investors, and other stakeholders. Partnerships with financial technology firms and other exchanges can also contribute to NSX's earnings by expanding its service offerings and increasing its market reach.

NSX Limited Financial Statement Overview

Summary

NSX Limited is experiencing significant financial distress across its income statement, balance sheet, and cash flow statement. The company has demonstrated declining revenues, persistent losses, and negative equity, all pointing towards a need for strategic financial restructuring and operational improvements. There is a reliance on external financing, highlighting liquidity risks. Immediate attention to improving operational efficiency and financial health is critical.

Income Statement

NSX Limited has faced declining revenue over recent years, with a revenue contraction of 31.9% from 2023 to 2024. The company has consistently reported negative net income and negative EBIT margins, indicating ongoing operational challenges. The gross profit margin has been volatile, but the company achieved a positive gross profit in 2024. The overall negative profitability metrics suggest significant room for improvement.

Balance Sheet

The balance sheet reflects financial instability, with a negative stockholders' equity in 2024, indicating potential solvency issues. The debt-to-equity ratio is not meaningful with negative equity, and the equity ratio is also negative. These figures point to high financial risk and a need for strategic capital management to regain financial stability.

Cash Flow

NSX Limited's cash flow position is concerning, with consistent negative operating and free cash flows. The operating cash flow to net income ratio is negative, reflecting inefficient cash generation relative to net losses. Despite positive financing cash flows in 2024, indicating reliance on external funding, the overall cash flow situation suggests liquidity challenges.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
1.95M	1.33M	1.96M	1.87M	1.88M	1.76M
	Gross Profit
-230.32K	1.33M	-66.34K	-136.61K	296.21K	-384.15K
	EBIT
-4.03M	-3.99M	-3.32M	-3.58M	-2.90M	-3.96M
	EBITDA
-3.43M	-3.40M	-2.64M	-2.85M	-2.27M	-3.56M
	Net Income Common Stockholders
454.35M	-4.11M	-3.41M	-6.36M	-3.00M	-4.47M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.04M	2.43M	2.43M	1.16M	3.42M	4.60M
	Total Assets
2.57M	4.32M	4.73M	4.07M	9.26M	10.31M
	Total Debt
3.04M	1.67M	1.39M	1.98M	2.35M	2.57M
	Net Debt
2.37M	-392.27K	-676.09K	1.18M	-86.99K	-542.26K
	Total Liabilities
5.27M	5.22M	2.79M	3.83M	3.72M	4.10M
	Stockholders Equity
-2.70M	-906.23K	1.94M	240.13K	5.53M	6.21M
Cash Flow		Free Cash Flow
-3.41M	-3.07M	-3.15M	-2.36M	-2.47M	-3.35M
	Operating Cash Flow
-3.41M	-3.07M	-3.15M	-2.29M	-2.04M	-3.12M
	Investing Cash Flow
0.00	0.00	0.00	-71.48K	-433.79K	-3.43M
	Financing Cash Flow
3.22M	3.07M	4.42M	94.40K	1.29M	7.68M

NSX Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NSX, the sentiment is Negative. The current price of 0.02 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 >-0.01 indicates Positive momentum. The RSI at 48.13 is Neutral, neither overbought nor oversold. The STOCH value of -16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NSX.

NSX Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HUB	76 Outperform	AU$6.65B	113.15	11.42%	0.56%	22.81%	32.47%
ASX	69 Neutral	$14.00B	28.65	13.33%	3.10%	9.70%	2.64%
CPU	65 Neutral	$23.39B	22.43	27.30%	2.09%	-0.84%	93.59%
PPM	65 Neutral	AU$757.10M	7.60	11.75%	7.10%	3.70%	-10.93%
IRE	64 Neutral	€1.55B	17.50	27.46%	1.25%	-3.98%	―
Sector *	60 Neutral	$2.77B	10.47	0.42%	8531.49%	6.23%	-16.09%
NSX	45 Neutral	AU$11.08M	―	-794.97%	―	23.28%	7.37%

NSX Limited Corporate Events

NSX Limited Announces Proposed Securities Issue

NSX Limited has announced a proposed issue of securities, planning to release 114,552,337 ordinary fully paid shares. The issue is set to take place on May 20, 2025. This move is part of NSX Limited’s strategic efforts to enhance its market position and potentially increase its capital base, which could have significant implications for its stakeholders and influence its operational capabilities.

NSX Limited Announces Share Placement Offer to Raise Capital

NSX Limited has announced a prospectus for the offer of up to 114,552,337 shares at $0.025 per share through share placements. This move is part of a strategic effort to raise capital, with the offer closing on May 16, 2025. The securities offered are considered speculative, indicating potential high risk and high reward for investors. This development could impact NSX Limited’s market position by potentially increasing its capital base, which may influence its operational capabilities and attractiveness to stakeholders.

NSX Limited Halts Planned Share Issuance, Prepares for Future Capital Raise

NSX Limited announced that it will not issue the 88,000,000 shares as initially planned under Resolution 7, following an agreement with ISXFEU. The decision is contingent upon meeting specific regulatory conditions, including successful applications under the Corporations Act and potential shareholder resolutions. The waiver of ASX Listing Rule 14.7 will lapse, preventing the share issuance under the current resolution. NSX Limited is also preparing for a future capital raise, with further disclosures to be announced.

NSX Limited Reports Financial Decline and Divestment of Joint Venture

NSX Limited reported a significant decline in its financial performance for the half-year ended December 31, 2024. The company’s revenues from ordinary activities fell by 18%, and it experienced a substantial loss from ordinary activities after tax attributable to its owners, with no dividends declared for the current or previous period. The company’s joint venture with ClearPay Pty Ltd was divested on December 17, 2024, and the financial statements revealed a material uncertainty regarding the company’s ability to continue as a going concern.

NSX Limited Announces Quotation of New Securities on ASX

NSX Limited has applied for the quotation of 428,378 ordinary fully paid securities on the Australian Securities Exchange (ASX), with the issue date marked as February 24, 2025. This announcement reflects the company’s efforts to enhance its market presence and liquidity by increasing the availability of its securities, potentially attracting more investors and improving shareholder value.

NSX Limited Issues Unquoted Securities Under Employee Incentive Scheme

NSX Limited has announced the issuance of 400,000 unquoted securities under an employee incentive scheme, reflecting its commitment to employee retention and motivation through equity-based rewards. These securities are not immediately tradable, as they are subject to transfer restrictions until a specified period ends, indicating a strategic approach to aligning employee interests with long-term company performance.

NSX Limited Announces Cessation of Employee Performance Rights

NSX Limited announced the cessation of 219,595 employee performance rights as the conditions required for these rights were not met or became incapable of being satisfied. This cessation could potentially impact employee incentives and the company’s capital structure, influencing its operational strategies and stakeholder interests.