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Nuix Ltd. (AU:NXL)
ASX:NXL
Australian Market
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Nuix Ltd. (NXL) AI Stock Analysis

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AU:NXL

Nuix Ltd.

(Sydney:NXL)

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Neutral 57 (OpenAI - 4o)
Rating:57Neutral
Price Target:
AU$3.50
▲(12.54% Upside)
Nuix Ltd.'s stock score is primarily influenced by its strong technical momentum, which is offset by significant valuation concerns due to negative profitability. Financial performance is mixed, with stable gross margins but challenges in profitability and cash flow conversion. The absence of earnings call data and corporate events leaves these areas unaddressed in the analysis.

Nuix Ltd. (NXL) vs. iShares MSCI Australia ETF (EWA)

Nuix Ltd. Business Overview & Revenue Model

Company DescriptionNuix Ltd. (NXL) is a global software company that specializes in developing powerful data analytics and forensic tools. These tools are used for digital investigation, cybersecurity, risk management, and data governance. Nuix's software is designed to process, index, and analyze large volumes of unstructured data, helping organizations manage and secure their information efficiently. The company serves a diverse range of sectors including legal, government, corporate, and financial services.
How the Company Makes MoneyNuix Ltd. generates revenue primarily through the sale of software licenses and subscriptions for its suite of data analytics and forensic products. The company offers both perpetual licenses and subscription-based models, catering to different customer preferences and budgetary constraints. Additionally, Nuix provides professional services such as consulting, training, and support, which serve as supplementary revenue streams. Significant partnerships with technology firms and system integrators also contribute to its earnings, enhancing the distribution and implementation of its software solutions across various industries.

Nuix Ltd. Financial Statement Overview

Summary
Nuix Ltd. faces challenges in profitability and cash flow conversion despite maintaining strong gross margins and a stable balance sheet. The company needs to address operational inefficiencies and improve cash flow management to enhance financial health and shareholder value.
Income Statement
45
Neutral
Nuix Ltd. has shown inconsistent revenue growth, with a recent decline of 2.58%. The gross profit margin remains strong at approximately 90%, indicating efficient cost management. However, the company struggles with profitability, evidenced by negative net profit margins and EBIT margins in the latest year, reflecting operational challenges.
Balance Sheet
60
Neutral
The balance sheet is relatively stable with a low debt-to-equity ratio of 0.017, suggesting conservative leverage. However, the return on equity is negative, indicating inefficiencies in generating returns for shareholders. The equity ratio is healthy, showing a strong equity base relative to assets.
Cash Flow
50
Neutral
Cash flow performance is mixed, with a significant decline in free cash flow growth by 21.55%. The operating cash flow to net income ratio is positive, suggesting decent cash generation relative to net income. However, the free cash flow to net income ratio indicates challenges in converting profits into free cash flow.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue221.51M221.50M220.62M182.47M152.31M176.07M
Gross Profit199.66M199.23M198.97M119.13M98.29M126.14M
EBITDA53.91M56.02M61.46M35.56M11.95M27.42M
Net Income-9.21M-9.21M5.03M-5.59M-22.79M-1.41M
Balance Sheet
Total Assets393.43M393.43M397.08M428.19M421.66M405.45M
Cash, Cash Equivalents and Short-Term Investments39.97M39.97M38.03M29.59M46.85M70.86M
Total Debt5.02M5.02M9.77M11.12M13.65M11.36M
Total Liabilities102.63M102.63M110.85M157.34M152.59M124.38M
Stockholders Equity290.80M290.80M286.69M270.84M269.07M281.07M
Cash Flow
Free Cash Flow25.27M25.27M49.60M-5.97M-14.63M-24.51M
Operating Cash Flow26.85M26.85M50.34M32.56M30.12M10.80M
Investing Cash Flow-22.84M-22.84M-38.45M-45.42M-51.61M-35.31M
Financing Cash Flow-3.57M-3.57M-3.45M-4.29M-2.73M58.10M

Nuix Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price3.11
Price Trends
50DMA
2.59
Positive
100DMA
2.44
Positive
200DMA
3.13
Negative
Market Momentum
MACD
0.16
Negative
RSI
63.29
Neutral
STOCH
57.17
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NXL, the sentiment is Positive. The current price of 3.11 is above the 20-day moving average (MA) of 2.87, above the 50-day MA of 2.59, and below the 200-day MA of 3.13, indicating a neutral trend. The MACD of 0.16 indicates Negative momentum. The RSI at 63.29 is Neutral, neither overbought nor oversold. The STOCH value of 57.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NXL.

Nuix Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
AU$637.64M37.8712.02%2.49%4.03%31.66%
70
Outperform
AU$1.57B21.2065.33%7.47%25.67%744.90%
70
Neutral
€616.79M104.2510.18%0.38%17.12%311.38%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
57
Neutral
AU$1.04B308.39-3.19%0.40%-280.65%
53
Neutral
AU$1.05B371.09<0.01%-29.99%-66.84%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NXL
Nuix Ltd.
3.11
-3.92
-55.76%
AU:IFM
Infomedia Ltd
1.68
0.18
12.00%
AU:EOL
Energy One Limited
19.62
14.58
289.36%
AU:BVS
Bravura Solutions Limited
3.51
2.19
165.91%
AU:RUL
RPMGlobal Holdings Ltd
4.75
1.88
65.51%
AU:FCL
FINEOS Corporation Holdings Plc Shs Chess Depositary Interests Repr 1 Sh
3.12
1.73
124.46%

Nuix Ltd. Corporate Events

Nuix Ltd. Announces Quotation of New Securities on ASX
Aug 1, 2025

Nuix Ltd. has announced the application for quotation of 623,857 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code NXL. This move is part of previously announced transactions and could potentially enhance the company’s market presence and liquidity, impacting its operations and stakeholder interests positively.

The most recent analyst rating on (AU:NXL) stock is a Buy with a A$5.70 price target. To see the full list of analyst forecasts on Nuix Ltd. stock, see the AU:NXL Stock Forecast page.

Nuix Ltd. Issues New Equity Securities to Enhance Market Position
Jul 28, 2025

Nuix Ltd. has announced the issuance of 96,603 unquoted securities, which have been converted into ordinary fully paid shares as of July 25, 2025. This move is part of the company’s ongoing financial strategies, potentially impacting its market positioning by increasing its equity base and providing more flexibility for future operations.

The most recent analyst rating on (AU:NXL) stock is a Hold with a A$2.60 price target. To see the full list of analyst forecasts on Nuix Ltd. stock, see the AU:NXL Stock Forecast page.

Nuix to Release Shares from Voluntary Escrow Following Rampiva Acquisition
Jul 22, 2025

Nuix Limited has announced the release of 457,871 fully paid ordinary shares from voluntary escrow, effective 31 July 2025. These shares were initially issued as part of the acquisition of Rampiva, completed in July 2023. This move is expected to impact the company’s operations by potentially increasing market liquidity and shareholder value.

The most recent analyst rating on (AU:NXL) stock is a Hold with a A$2.60 price target. To see the full list of analyst forecasts on Nuix Ltd. stock, see the AU:NXL Stock Forecast page.

Nuix to Announce FY25 Financial Results via Webcast
Jul 11, 2025

Nuix Limited has announced that it will release its full year 2025 financial results on August 25, 2025, with a presentation by CEO Jonathan Rubinsztein and CFO Peter McClelland via webcast. This announcement signifies a key moment for stakeholders to assess the company’s performance and strategic direction, potentially impacting its market position and investor relations.

The most recent analyst rating on (AU:NXL) stock is a Buy with a A$6.91 price target. To see the full list of analyst forecasts on Nuix Ltd. stock, see the AU:NXL Stock Forecast page.

Nuix Announces Retirement of Non-Executive Director Jeffrey Bleich
Jul 10, 2025

Nuix Limited announced the retirement of Hon. Jeffrey Bleich from its Board of Directors, as he will assume a full-time role as General Counsel at Anthropic AI. Bleich, who has been with Nuix since before its IPO and has served in various leadership roles, will not seek re-election at the upcoming Annual General Meeting. His departure is noted with appreciation for his contributions, and the company will begin the process of finding a new Non-Executive Director. This change marks a significant transition for Nuix, as Bleich’s industry knowledge and leadership have been highly valued.

The most recent analyst rating on (AU:NXL) stock is a Hold with a A$2.60 price target. To see the full list of analyst forecasts on Nuix Ltd. stock, see the AU:NXL Stock Forecast page.

Nuix Ltd. Reports Cessation of Performance Rights
Jul 9, 2025

Nuix Ltd. announced the cessation of 154,490 performance rights under the ASX security code NXLAC. This cessation occurred because the conditions for these rights were not met or became incapable of being satisfied, potentially impacting the company’s capital structure and signaling a shift in its performance metrics.

The most recent analyst rating on (AU:NXL) stock is a Hold with a A$2.60 price target. To see the full list of analyst forecasts on Nuix Ltd. stock, see the AU:NXL Stock Forecast page.

Nuix Ltd. Announces Cessation of Performance Rights
Jul 4, 2025

Nuix Ltd. announced the cessation of 168,570 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for stakeholders regarding performance incentives and future securities plans.

The most recent analyst rating on (AU:NXL) stock is a Hold with a A$2.60 price target. To see the full list of analyst forecasts on Nuix Ltd. stock, see the AU:NXL Stock Forecast page.

Australian Ethical Investment Increases Stake in Nuix Ltd.
Jun 20, 2025

Australian Ethical Investment Limited has increased its stake in Nuix Limited, as indicated by a recent change in the interests of a substantial shareholder. The voting power of Australian Ethical Investment in Nuix has risen from 6.10% to 7.15%, reflecting a strategic move that could influence the company’s governance and decision-making processes. This change in shareholder interest may have implications for Nuix’s market positioning and operational strategies.

The most recent analyst rating on (AU:NXL) stock is a Hold with a A$2.60 price target. To see the full list of analyst forecasts on Nuix Ltd. stock, see the AU:NXL Stock Forecast page.

Australian Ethical Increases Stake in Nuix Limited
May 9, 2025

Nuix Limited, a company listed on the ASX, has experienced a change in the substantial holding of its shares. Australian Ethical Investment Limited, through State Street Australia Ltd, has increased its voting power in Nuix from 5.10% to 6.10%, reflecting a rise in the number of shares held from 16,875,771 to 20,185,454. This change indicates a growing interest and investment in Nuix by Australian Ethical Investment, potentially impacting the company’s market positioning and signaling confidence in its future prospects.

Nuix Ltd. Adjusts Financial Targets Amid Uncertain Market Conditions
May 6, 2025

Nuix Ltd. has announced a trading update indicating a lengthening procurement cycle for larger transactions and increased uncertainty in the geopolitical and economic landscape, affecting the predictability of deal closures. As a result, Nuix has withdrawn its previously estimated Annualised Contract Value target range and strategic targets related to revenue growth and cash flow. Despite these challenges, the company remains confident in its growth strategy and the strength of its deal pipeline, emphasizing that the timing of deal closures is the primary issue rather than the quality of the pipeline.

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.Date of analysis: Oct 04, 2025