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Sparc Technologies Ltd
(Sydney:SPN)
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Rating:44Neutral
Price Target:
AU$0.18
▼(-7.89% Downside)
Action:Reiterated
Date:08/29/26
The score is held down primarily by weak financial performance: an abrupt revenue/gross profit setback, continued net losses, and persistent negative operating/free cash flow indicating ongoing funding needs. Technicals add further pressure with the price below key moving averages and a negative MACD, despite oversold-leaning RSI/Stoch. Valuation provides limited offset because earnings are negative (P/E not meaningful) and no dividend yield is available.
Positive Factors
Historical Revenue Expansion
Revenue grew substantially across 2022–2025, indicating that Sparc previously achieved meaningful commercial expansion. This history provides evidence of product or project demand, although the subsequent reversal makes repeatability uncertain.
Negative Factors
Severe Revenue Reversal
The abrupt top-line collapse and negative gross profit indicate that prior commercial growth has not yet become dependable. Such volatility makes planning difficult, weakens operating leverage, and raises questions about customer continuity and product-market fit.
Read all positive and negative factors
Positive Factors
Negative Factors
Historical Revenue Expansion
Revenue grew substantially across 2022–2025, indicating that Sparc previously achieved meaningful commercial expansion. This history provides evidence of product or project demand, although the subsequent reversal makes repeatability uncertain.
Read all positive factors
Sparc Technologies Ltd (SPN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$22.79M
Dividend YieldN/A
Average Volume (3M)136.77K
Price to Earnings (P/E)―
Beta (1Y)1.52
Revenue GrowthN/A
EPS Growth-0.43%
CountryAU
Employees1,028
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)-0.02
Shares Outstanding123,203,630
10 Day Avg. Volume162,687
30 Day Avg. Volume136,768
Financial Highlights & Ratios
PEG Ratio-13.63
Price to Book (P/B)14.87
Price to Sales (P/S)1395.59
P/FCF Ratio-15.85
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$6.00M
Sparc Technologies Ltd Business Overview & Revenue Model
Company Description
Sparc Technologies Limited develops technologies in graphene additive materials and photocatalytic green hydrogen in Australia. It engages in the development of photocatalytic water splitting technology, an alternative method of producing renewabl...
How the Company Makes Money
Sparc Technologies’ ability to generate revenue is primarily expected to come from commercialising its technology through pathways such as product sales, licensing of intellectual property, and/or collaboration or development agreements with indus...
Sparc Technologies Ltd Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
52
Neutral
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 23.23K | 2.15M | 1.42M | 947.37K | 604.52K |
| Gross Profit | -183.86K | 2.15M | 1.42M | 615.97K | 432.13K |
| EBITDA | -3.54M | -1.70M | -3.74M | -4.88M | -14.61M |
| Net Income | -2.75M | -2.28M | -4.27M | -4.49M | -14.20M |
Balance Sheet | |||||
| Total Assets | 3.63M | 5.33M | 3.46M | 4.40M | 4.48M |
| Cash, Cash Equivalents and Short-Term Investments | 1.47M | 3.29M | 2.71M | 2.96M | 2.14M |
| Total Debt | 1.03M | 70.94K | 202.97K | 315.86K | 399.02K |
| Total Liabilities | 1.45M | 1.13M | 529.13K | 899.13K | 832.22K |
| Stockholders Equity | 2.18M | 4.20M | 2.93M | 3.51M | 3.65M |
Cash Flow | |||||
| Free Cash Flow | -2.05M | -2.04M | -2.24M | -2.63M | -4.92M |
| Operating Cash Flow | -1.92M | -2.02M | -2.22M | -2.47M | -4.61M |
| Investing Cash Flow | -122.72K | -1.05M | -19.04K | -159.01K | 309.10K |
| Financing Cash Flow | 224.01K | 3.66M | 1.99M | 3.45M | 3.50M |
Sparc Technologies Ltd Technical Analysis
Negative
0.19
Price Trends
0.24
Negative
0.27
Negative
0.23
Negative
Market Momentum
-0.02
Positive
35.43
Neutral
18.70
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SPN, the sentiment is Negative. The current price of 0.19 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.24, and below the 200-day MA of 0.23, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 35.43 is Neutral, neither overbought nor oversold. The STOCH value of 18.70 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SPN.
Sparc Technologies Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | AU$6.78B | 42.76 | 3.99% | 3.78% | -16.59% | ― | |
53 Neutral | AU$35.53M | -7.52 | -75.44% | ― | -3.10% | 39.78% | |
44 Neutral | AU$22.79M | -8.19 | -113.85% | ― | ― | -0.43% | |
44 Neutral | AU$49.66M | -1.02 | -119.47% | ― | 27.85% | -141.00% | |
42 Neutral | AU$273.28M | -5.57 | -74.68% | ― | -1.41% | -4.04% |
* Basic Materials Sector Average
AU:SPN
Sparc Technologies Ltd
0.19
0.04
23.33%
AU:DNL
Dyno Nobel
3.89
1.04
36.40%
AU:TTT
Titomic Ltd
0.13
-0.12
-48.00%
AU:CXL
Calix Ltd.
0.25
-0.18
-41.67%
AU:CG1
Carbonxt Group Ltd.
0.08
0.02
22.39%
Sparc Technologies Ltd Corporate Events
Sparc Technologies Launches Discounted Share Purchase Plan to Fund Cleantech Growth
Aug 28, 2026
Sparc Technologies has launched a share purchase plan offering eligible Australian and New Zealand shareholders the chance to acquire up to A$30,000 in new shares at A$0.175 each, matching a recent institutional placement and representing a discou...
Sparc Technologies Issues Placement Shares and Cleansing Notice for Capital Raising
Aug 28, 2026
Sparc Technologies Ltd has confirmed the issuance of 3,887,856 fully paid ordinary shares at $0.175 each following the completion of a placement announced on 20 August 2026. These new shares were issued without a prospectus under the Corporations ...
Sparc Technologies Seeks ASX Quotation for New Share Issue
Aug 28, 2026
Sparc Technologies Ltd has applied for quotation of 3,887,856 ordinary fully paid shares on the Australian Securities Exchange, effective August 28, 2026. The new securities are being brought onto the market as part of previously announced transac...
Sparc Technologies Files Updated Corporate Governance Disclosures with ASX
Aug 28, 2026
Sparc Technologies has lodged its annual Appendix 4G with the ASX, outlining where investors can find detailed disclosures on the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations. The filing ...
Sparc Technologies Details Climate-Focused Tech Strategy in 2026 Annual Report
Aug 28, 2026
Sparc Technologies has released its 2026 Annual Report for the year ended 30 June 2026, outlining its activities in graphene additive materials and photocatalytic green hydrogen. The report highlights the company’s continued push to commerci...
Sparc Technologies Plans New Share Placement on ASX
Aug 20, 2026
Sparc Technologies has notified the ASX of a proposed placement involving up to 4,285,714 ordinary fully paid shares. The new securities, to be issued under Appendix 3B, are scheduled for issue on 28 August 2026, signalling a move to raise additio...
Sparc Technologies Launches Share Purchase Plan to Raise New Equity
Aug 20, 2026
Sparc Technologies Ltd has announced a proposed issue of ordinary fully paid shares under a securities purchase plan to its existing shareholders. The offer, capped at up to 10,000,000 new shares, is structured in line with ASX Listing Rules, incl...
Sparc Technologies Halts ASX Trading Ahead of Material Capital Raising
Aug 17, 2026
Sparc Technologies has requested and received a trading halt on its securities from the ASX, with the pause to remain in place until either the start of normal trading on Thursday, 20 August 2026, or the release of a pending announcement. The comp...
Sparc Technologies Highlights Graphene and Hydrogen Focus in OTCQB Investor Briefing
Aug 6, 2026
Sparc Technologies has released an investor presentation for the OTCQB Virtual Investor Conference scheduled for August 2026, outlining its dual focus on graphene commercialisation and next-generation hydrogen development. The document is framed a...
Sparc Technologies Updates Director’s Interests After Option Expiry
Jul 6, 2026
Sparc Technologies has reported a change in director Nicholas O’Loughlin’s indirect interests, with the expiry of 250,000 unlisted options on 1 July 2026. The options, previously exercisable at $0.90, lapsed without value, leaving O...
Sparc Technologies Options Lapse, Adjusting Capital Structure
Jul 1, 2026
Sparc Technologies has announced the cessation of 750,000 options with an exercise price of $0.90 that expired on July 1, 2026. The expiry of these unexercised options reduces the company’s outstanding options on issue, simplifying its capit...
Sparc Technologies Launches Graphene Additive Range for Growing ESD Coatings Market
Jun 29, 2026
Sparc Technologies has launched SparcES, a new graphene-based additive range designed for electrostatic discharge and conductive coatings used in data centres, semiconductor fabrication plants, and electric vehicle battery manufacturing. Developed...
Sparc Technologies Uplists to OTCQB to Court North American Investors
Jun 10, 2026
Sparc Technologies has secured a dual listing on the U.S. OTCQB Venture Market under the ticker SPTCF, replacing its previous quotation on the OTCID Basic Market while maintaining the ASX as its primary exchange. The move is designed to tap growin...
Sparc Wins First International Coatings Deal for ecosparc with Petro Vietnam Paint
Jun 8, 2026
Sparc Technologies has secured a commitment from Petro Vietnam Paint to use its ecosparc graphene additive in PV Paint’s PERAPHENE range of protective coatings for highly corrosive environments, marking the first international product suite ...
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.