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Food Revolution Group Ltd.
(Sydney:SPG)
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Rating:41Neutral
Price Target:
AU$0.07
â–Ľ(-16.25% Downside)
Action:N/A
Date:08/29/26
The score is held down primarily by weak financial quality—ongoing net losses, elevated leverage, and negative operating/free cash flow. Technicals also remain bearish with the share price below major moving averages and negative MACD. Valuation contributes modestly but is constrained by the negative P/E (loss-making) and the absence of a dividend yield.
Positive Factors
Major Revenue Scale-Up
The sharp increase in revenue indicates a meaningful expansion in operating scale and customer activity. If this higher sales base is maintained, it can improve production economics, support stronger bargaining power, and provide a broader platform for future earnings growth.
Negative Factors
Persistent Net Losses
The sizeable net loss shows that recent operating improvement has not yet translated into sustainable bottom-line profitability. Continued losses can weaken retained equity, restrict internal funding capacity, and make the durability of the company’s earnings improvement uncertain.
Read all positive and negative factors
Positive Factors
Negative Factors
Major Revenue Scale-Up
The sharp increase in revenue indicates a meaningful expansion in operating scale and customer activity. If this higher sales base is maintained, it can improve production economics, support stronger bargaining power, and provide a broader platform for future earnings growth.
Read all positive factors
Food Revolution Group Ltd. (SPG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$81.50M
Dividend YieldN/A
Average Volume (3M)1.18M
Price to Earnings (P/E)―
Beta (1Y)2.16
Revenue Growth3.69%
EPS Growth37.79%
CountryAU
Employees800
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)-0.12
Shares Outstanding1,164,289,100
10 Day Avg. Volume512,192
30 Day Avg. Volume1,178,977
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.15
Price to Sales (P/S)0.07
P/FCF Ratio-0.66
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.01
Revenue Forecast (FY)AU$383.30M
Food Revolution Group Ltd. Business Overview & Revenue Model
Company Description
SPC Global Holdings Ltd operates as a food and beverage company in Australia, New Zealand, the United States, and Asia. It operates in three segments: SPC, The Original Beverage Co (Orig Bev Co), and Nature One. The company offers packaged and pro...
Food Revolution Group Ltd. Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
38
Negative
Cash Flow
30
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 331.80M | 49.45M | 49.45M | 42.48M | 35.38M |
| Gross Profit | 81.31M | 11.33M | 3.59M | 11.41M | 9.69M |
| EBITDA | 34.77M | -2.22M | 1.23M | 188.87K | 1.30M |
| Net Income | -32.83M | -6.41M | -2.82M | -2.83M | -2.17M |
Balance Sheet | |||||
| Total Assets | 570.32M | 36.95M | 35.30M | 35.09M | 39.59M |
| Cash, Cash Equivalents and Short-Term Investments | 48.99M | 1.32M | 1.56M | 909.97K | 4.41M |
| Total Debt | 294.95M | 14.41M | 13.40M | 12.51M | 14.08M |
| Total Liabilities | 413.10M | 27.53M | 24.45M | 22.37M | 24.13M |
| Stockholders Equity | 157.22M | 9.42M | 10.84M | 12.72M | 15.46M |
Cash Flow | |||||
| Free Cash Flow | -36.72M | -5.38M | 358.33K | -1.68M | -3.39M |
| Operating Cash Flow | -29.80M | -2.68M | 1.79M | -582.02K | -2.16M |
| Investing Cash Flow | -9.88M | -2.69M | -1.43M | -1.10M | -1.24M |
| Financing Cash Flow | 81.62M | 5.13M | 294.96K | -1.82M | 4.87M |
Food Revolution Group Ltd. Technical Analysis
Negative
0.08
Price Trends
0.09
Negative
0.13
Negative
0.23
Negative
Market Momentum
>-0.01
Positive
26.02
Positive
2.81
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SPG, the sentiment is Negative. The current price of 0.08 is above the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.09, and below the 200-day MA of 0.23, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 26.02 is Positive, neither overbought nor oversold. The STOCH value of 2.81 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SPG.
Food Revolution Group Ltd. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | AU$158.65M | 17.86 | 12.22% | 2.11% | 27.60% | 96.31% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
56 Neutral | AU$89.41M | -19.23 | -11.08% | ― | 9.08% | -183.87% | |
49 Neutral | AU$33.25M | -0.51 | 13.40% | 1.21% | 8.82% | 55.22% | |
41 Neutral | AU$81.50M | -0.59 | -27.24% | ― | 3.69% | 37.79% | |
39 Underperform | AU$6.99M | -0.01 | -130.72% | ― | -33.05% | 94.22% |
* Consumer Defensive Sector Average
AU:SPG
Food Revolution Group Ltd.
0.07
-0.32
-82.65%
AU:NOU
Noumi Limited
0.12
-0.04
-25.00%
AU:BUB
Bubs Australia Ltd.
0.13
-0.03
-18.75%
AU:NGS
Nutritional Growth Solutions Ltd.
0.02
<0.01
16.67%
AU:CLV
Clover Corporation Limited
0.95
0.42
80.61%
Food Revolution Group Ltd. Corporate Events
SPC Global Director’s Options Reduced After Performance Assessment
Sep 3, 2026
SPC Global Holdings has reported a change in director Nick Dimopoulos’s holdings under the company’s long term incentive plan, with his options decreasing from 2,151,353 to 2,026,353. The reduction stems from a tranche of options lapsi...
SPC Global Options Lapse Trims Future Equity Overhang
Sep 3, 2026
SPC Global Holdings has notified the market of the cessation of 590,094 SPGAV options, which were scheduled to expire on June 30, 2033, and have now lapsed as of August 31, 2026. The reduction in these options slightly alters the company’s c...
SPC Global trims option overhang with lapse of 500,000 securities
Sep 3, 2026
SPC Global Holdings Ltd has notified the market of a change in its capital structure, reporting the cessation of 500,000 options with an exercise price of $1.50 that were due to expire on June 30, 2032. The options ceased on August 31, 2026, signa...
SPC Global Holdings Ceases 200,000 Long-Dated Options
Sep 1, 2026
SPC Global Holdings Ltd has notified the market of the cessation of a tranche of its options, specifically 200,000 options with an exercise price of 1.50 expiring on 30 June 2032. The cessation, effective 28 August 2026, slightly reshapes the comp...
SPC Global escalates legal action over alleged breaches of directors’ duties
Aug 31, 2026
SPC Global Holdings Limited has initiated new legal proceedings in the Supreme Court of Victoria against former directors Hussein Rifai and Andrew Cohen, as well as Perpetuity Capital Advisory Pty Ltd. The action follows earlier proceedings agains...
SPC Global Corrects Error in Securities Cessation Notice
Aug 28, 2026
SPC Global Holdings Ltd has issued an updated notification regarding the cessation of certain securities, correcting an earlier error in the reported number of quoted securities. The revised filing, lodged on 28 August 2026, aligns the companyR...
SPC Global Holdings Options Lapse Clarifies Capital Structure
Aug 28, 2026
SPC Global Holdings Ltd has notified the market of a change in its issued capital following the cessation of certain securities. The company reported that 250,000 options, exercisable at $1.50 and expiring on 12 December 2029, have lapsed after th...
SPC Global Options Lapse Tightens Future Equity Dilution
Aug 28, 2026
SPC Global Holdings Ltd has reported a change in its capital structure, notifying the cessation of 775,000 options with an exercise price of $1.50 expiring on June 30, 2032. The options lapsed on August 27, 2026 because the conditions attached to ...
SPC Global Touts Stronger Platform in FY26 Results Amid Caution on Outlook
Aug 28, 2026
SPC Global Holdings Ltd has released its FY26 financial results, presenting them as evidence of a stronger and more credible platform for sustained growth. The company frames the announcement around its expectations for future performance, while w...
SPC Global Sets Out FY26 Corporate Governance Framework
Aug 28, 2026
SPC Global Holdings Ltd has released its Corporate Governance Statement for the 2025–26 financial year, detailing a governance framework built around transparency, accountability and integrity. The statement confirms alignment with the ASX C...
SPC Global Files 2026 Corporate Governance Statement, Confirms Full ASX Compliance
Aug 28, 2026
SPC Global Holdings has lodged its updated corporate governance statement for the year ended 30 June 2026, confirming full adherence to all relevant ASX Corporate Governance Council principles and recommendations. The statement, approved by the bo...
SPC Global Publishes Comprehensive 2026 Annual Report
Aug 28, 2026
SPC Global Holdings Ltd. has released its 2026 annual report, outlining governance structures, board composition, remuneration policies, and detailed consolidated financial statements. The report also includes auditor commentary and regulatory dis...
SPC Global Narrows Loss and Returns to Positive EBITDA in FY26
Aug 28, 2026
SPC Global Holdings has reported a 5.5% rise in gross revenue to $404.0 million for the year ended 30 June 2026, while significantly narrowing its net loss after tax to $32.8 million from $63.0 million a year earlier. The group also swung to a pos...
SPC Global Sets FY26 Results Date and Launches Digital Investor Centre
Aug 25, 2026
SPC Global Holdings will release its full-year results for the financial year ended 30 June 2026 on 28 August 2026, outlining performance across its diversified food, beverage and dairy portfolio. The company will host a live webcast and QA with s...
SPC Global appoints new director with no declared shareholdings
Aug 3, 2026
SPC Global Holdings Limited has appointed Graham Maloney as a director, effective 1 August 2026, and lodged an Initial Director’s Interest Notice with the ASX. The filing confirms that Maloney holds no relevant interests in the company’...
SPC Global lifts earnings, accelerates export growth after equity raise
Jul 7, 2026
SPC Global reported that group net sales revenue and normalised EBITDA improved in line with expectations in Q4 FY26, driven by disciplined execution across domestic and international operations. The company remains on track for about 25% year-on-...
SPC Global Sues Former Chairman Over Alleged Governance Breaches
Jul 7, 2026
SPC Global Holdings Limited has initiated legal proceedings in the County Court of Victoria against former chairman Dr Hussein Rifai and Thor Capital Pty Ltd over alleged breaches of directors’ duties and related obligations. The claims focu...
Wilson Asset Management Exits Substantial Holding in SPC Global Holdings
Jun 19, 2026
Wilson Asset Management Group has notified SPC Global Holdings that it has ceased to be a substantial shareholder in the company as of 15 June 2026. The change in substantial holding alters SPC Global’s register of major investors and may si...
SPC Global Director Lifts Stake Through Entitlement Offer
Jun 10, 2026
SPC Global Holdings director Robert Iervasi, through his controlled entity Iervasi Holdings Pty Ltd, has increased his indirect holding in the company by 372,655 ordinary shares via participation in an entitlement offer. The acquisition, priced at...
SPC Global Seeks ASX Quotation for 970 Million New Shares
Jun 10, 2026
SPC Global Holdings Ltd has applied for quotation of a large new issuance of ordinary fully paid shares on the Australian Securities Exchange, under its existing SPG ticker. The company is seeking quotation for 970,808,441 additional ordinary shar...
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.