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Thorney Technologies Limited (TEK) AI Stock Analysis
Thorney Technologies Limited
(ASX:TEK)
Thorney Technologies faces significant fundamental headwinds primarily driven by persistent unprofitability, ongoing equity erosion, and a deeply negative valuation profile. While a pristine zero-debt balance sheet mitigates bankruptcy risks and recent technical momentum is positive, the continuous destruction of shareholder value demands a highly cautious outlook.
Thorney Technologies Limited (TEK) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 32.90M
- Dividend Yield
- ―
- Average Volume (3M)
- 215.97K
- Price to Earnings (P/E)
- -2.1
- Beta (1Y)
- 0.43
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Australia
- Employees
- ―
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
Thorney Technologies Limited Business Overview & Revenue Model
Company Description
Thorney Technologies Ltd invests in technology related companies. The company was formerly known as Australian Renewable Fuels Limited and changed its name to Thorney Technologies Ltd in December 2016. Thorney Technologies Ltd was founded in 2005 and...
Thorney Technologies Limited Financial Statement Overview
Summary
Displays a deeply polarized financial profile. A highly conservative, zero-debt balance sheet largely eliminates immediate solvency risk, but severe operational underperformance, evidenced by five consecutive years of net losses and a contracting equity base, significantly drags down the score despite some recent positive cash flows.
Income Statement
12Very NegativeBalance Sheet
75PositiveCash Flow
55Neutral| Breakdown | TTM | Jun 2026 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -7.47M | -7.47M | 2.82M | -11.70M | -22.55M | -59.90M |
| Gross Profit | -9.05M | -7.47M | 2.82M | -13.53M | -24.82M | -59.90M |
| EBITDA | -9.71M | 0 | 343.62K | 32 | 0 | 0 |
| Net Income | -16.41M | -16.41M | -4.66M | -21.72M | -25.52M | -45.15M |
Balance Sheet | ||||||
| Total Assets | 78.67M | 78.67M | 96.93M | 104.48M | 130.37M | 156.45M |
| Cash, Cash Equivalents and Short-Term Investments | 48.96M | 48.96M | 56.44M | 68.80M | 79.43M | 94.65M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.10M | 1.10M | 1.08M | 1.26M | 2.19M | 1.21M |
| Stockholders Equity | 77.57M | 77.57M | 95.85M | 103.23M | 128.18M | 154.86M |
Cash Flow | ||||||
| Free Cash Flow | 6.57M | 6.57M | 4.60M | -5.51M | 11.04M | -12.51M |
| Operating Cash Flow | 6.57M | 6.57M | 4.60M | -5.51M | 11.04M | -12.51M |
| Investing Cash Flow | 0 | 0 | -2.66M | -1.04M | -6.39M | -9.15M |
| Financing Cash Flow | -1.86M | -1.86M | -2.87M | -3.09M | -1.16M | 24.47M |
Thorney Technologies Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TEK, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.10, and below the 200-day MA of 0.10, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 30.68 is Neutral, neither overbought nor oversold. The STOCH value of 15.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:TEK.
Thorney Technologies Limited Peers Comparison
Overall Rating
AU:ARG77Outperform
AU:HM167Neutral
AU:BTI63Neutral
AU:WAM58Neutral- AU:TEK52Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:ARG | 77Outperform | AUD 6.99B | 27.44 | 3.80% | 4.14% | 2.17% | 0.68% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| AU:HM1 | 67Neutral | AUD 622.83M | 13.58 | 6.01% | 7.17% | 24.55% | -56.59% |
| AU:BTI | 63Neutral | AUD 131.84M | 17.40 | 2.73% | 8.60% | -14.49% | -63.50% |
| AU:WAM | 58Neutral | AUD 1.12B | -9.02 | -7.37% | 15.69% | -145.54% | -156.29% |
| AU:TEK | 52Neutral | AUD 32.90M | -2.10 | -18.75% | ― | ― | ― |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:TEK | Thorney Technologies Limited | 0.09 | -0.04 | -31.85% | |
| AU:WAM | WAM Capital Ltd. | 0.98 | -0.59 | -37.42% | |
| AU:ARG | Argo Investments Limited | 9.29 | 0.52 | 5.98% | |
| AU:BTI | Bailador Technology Investments Ltd | 0.86 | -0.28 | -24.52% | |
| AU:HM1 | Hearts and Minds Investments Ltd | 2.72 | -0.37 | -11.97% | |
| AU:WMX | WAM Income Maximiser Limited | 1.55 | 0.02 | 1.37% |
Thorney Technologies Limited Corporate Events
Thorney Technologies Cancels Shares Following On-Market Buy-Back
Thorney Technologies Ltd, the ASX-listed technology investment company trading under ticker TEK, has disclosed changes to its issued capital following an on-market share buy-back. The company, which offers investors exposure to technology and innovat...
Thorney Technologies Updates Investors on Ongoing On-Market Share Buy-Back
Thorney Technologies Ltd has provided an updated notification regarding its ongoing on-market share buy-back program for TEK ordinary fully paid shares. The company continues to repurchase its own securities on the ASX, reflecting an active capital m...
Thorney Technologies Updates Market on Ongoing Share Buy-Back Activity
Thorney Technologies Limited, an ASX-listed technology-focused investment company trading under the code TEK, manages a portfolio of tech-sector assets for investors. Its ordinary fully paid shares are central to the company’s capital market pr...
Thorney Technologies Expands On-Market Share Buy-Back
Thorney Technologies Ltd has continued its on-market share buy-back program, reporting the repurchase of 60,000 ordinary fully paid TEK shares on 21 October 2026. This lifts the total number of shares bought back to 27,445,223 since the program began...
Thorney Technologies Reports Ongoing On-Market Share Buy-Back
Thorney Technologies Limited, listed on the ASX under the ticker TEK, operates as an investment company targeting technology and innovation-focused assets. Through its portfolio, the firm provides shareholders with diversified exposure to the tech se...
Thorney Technologies Reports Ongoing On-Market Share Buy-Back Activity
Thorney Technologies Ltd has provided an updated daily notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares, TEK. The company reported that 27,340,593 shares had been repurchased prior to the prev...
Thorney Technologies NTA Slips as Global Market Weakness Weighs on Tech Portfolio
Thorney Technologies reported a decline in its pre-tax net tangible asset backing to 20.7 cents per share at 30 September 2026, down from 21.7 cents a month earlier, reflecting portfolio weakness in line with broader global equity market declines. Th...
Thorney Technologies Issues Daily Update on Ongoing Share Buy-Back
Thorney Technologies Ltd, an ASX-listed investment company focused on technology-related assets and trading under the ticker TEK, operates in the financial services sector providing shareholders exposure to a portfolio of tech-focused investments. Th...
Thorney Technologies Continues Daily On-Market Share Buy-Back Program
Thorney Technologies Ltd, an ASX-listed technology-focused investment company trading under the code TEK, invests in a portfolio of tech-related securities to provide shareholders with exposure to the broader technology sector. Its ordinary fully pai...
Thorney Technologies Continues On-Market Share Buy-Back Program
Thorney Technologies Ltd, an ASX-listed investment company trading under the code TEK, specialises in managing a portfolio of technology-focused securities. The firm provides investors with access to technology and innovation-driven businesses throug...
Thorney Technologies Updates Daily On-Market Share Buy-Back
Thorney Technologies Ltd, an ASX-listed investment company focused on technology-sector holdings, trades under the code TEK and manages a portfolio of technology assets for its shareholders.The company is continuing an on-market share buy-back progra...
Thorney Technologies Cancels Over 5 Million Shares After On-Market Buy-Back
Thorney Technologies Ltd has notified the market of the cessation of 5,142,183 ordinary fully paid shares in its issued capital. The shares were cancelled following an on-market buy-back, effective 30 September 2026.The cancellation reduces the compa...
Thorney Technologies Continues Daily On-Market Share Buy-Back
Thorney Technologies Ltd, an ASX-listed investment company focused on technology-related assets and trading under the code TEK, continues to actively manage its capital structure through a share buy-back programme. The company’s ordinary fully...
Thorney Technologies Updates Market on Ongoing Share Buy-Back Activity
Thorney Technologies Ltd, an Australian technology-focused investment company listed on the ASX under the ticker TEK, manages a portfolio of tech and innovation assets for its investors. Its ordinary fully paid shares form the basis of its listed str...
Thorney Technologies Updates Market on Ongoing Share Buy-Back
Thorney Technologies has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The latest filing shows the company bought back 500,000 shares on the previous trading day...
Thorney Technologies Updates Market on Ongoing Share Buy-Back Activity
Thorney Technologies Ltd has issued an updated notification regarding its ongoing on-market share buy-back program for its ordinary fully paid shares listed under ASX code TEK. The latest update, dated 23 September 2026, confirms that the company con...
Thorney Technologies Issues Daily Update on Ongoing Share Buy-Back
Thorney Technologies has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares under code TEK. The company reported that it had repurchased a total of 23,924,302 shares b...
Thorney Technologies Updates Market on Ongoing Share Buy‑Back
Thorney Technologies has continued its on‑market share buy‑back program, repurchasing 250,000 ordinary fully paid shares in the latest daily transaction. This takes the total number of shares bought back under the current program to 23,67...
Thorney Technologies Updates ASX on Daily Share Buy-Back Activity
Thorney Technologies Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for ordinary fully paid TEK shares. The latest daily disclosure shows the company has cumulatively repurchased 23,446,...
Thorney Technologies Reports Ongoing On-Market Share Buy-Back Activity
Thorney Technologies Ltd has continued its on-market share buy-back program for its ordinary fully paid TEK securities, filing an updated notification with the ASX dated 16 September 2026. The company reported that it has repurchased a cumulative tot...
Thorney Technologies Updates Market on Ongoing On-Market Buy-Back
Thorney Technologies has continued its on-market share buy-back program, updating the market on 15 September 2026 with the latest daily repurchase activity in its ordinary fully paid shares. The company reported that it had bought back a total of 23,...
Thorney Technologies Updates Investors on Ongoing Share Buy-Back
Thorney Technologies Limited has issued a daily update on its on-market share buy-back program for its ordinary fully paid TEK securities. The company reported that it had repurchased a total of 22,682,414 shares before the previous day and a further...
Thorney Technologies Continues On‑Market Share Buy‑Back Program
Thorney Technologies Limited has updated the market on its ongoing on‑market share buy‑back program for its ordinary fully paid shares. The company reported that a total of 22,182,414 shares had been repurchased before the previous tradin...
Thorney Technologies Updates Market on Ongoing Share Buy-Back
Thorney Technologies Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back program for ordinary fully paid shares under ticker TEK. The latest daily update, dated 9 September 2026, confirms that the company c...
Thorney Technologies Reports Ongoing On-Market Share Buy-Back Activity
Thorney Technologies Limited has provided an updated notification to the ASX confirming the ongoing execution of its on-market share buy-back program for ordinary fully paid shares under the code TEK. The latest daily update, dated 8 September 2026,...
Thorney Technologies Updates ASX on Progress of Ongoing Share Buy-Back
Thorney Technologies Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid TEK securities. The latest filing confirms that the company continues to actively repurcha...
Thorney Technologies Updates Market on Ongoing Share Buy-Back
Thorney Technologies Limited has issued an updated notification to the ASX confirming the continuation of its on-market share buy-back program for its ordinary fully paid TEK securities. The latest daily disclosure reports that a total of 20,746,717...
Thorney Technologies Continues Daily On‑Market Share Buy‑Back Program
Thorney Technologies Ltd, trading on the ASX under the ticker TEK, is an Australian investment company that focuses on technology-related securities. It offers shareholders exposure to a curated portfolio of tech investments, aligning its strategy wi...
Thorney Technologies Updates Progress of On-Market Share Buy-Back
Thorney Technologies Ltd, an ASX-listed technology investment company trading under the TEK code, offers investors exposure to a diversified portfolio of technology-focused assets through ordinary fully paid shares. The firm positions itself as an ac...
Thorney Technologies Cancels 1.7 Million Shares in On-Market Buy-Back
Thorney Technologies Limited has announced the cessation of 1,705,316 ordinary fully paid shares on the ASX, following their cancellation under an on-market buy-back program. The move directly reduces the company’s issued capital, signaling con...
Thorney Technologies Files Updated ASX Corporate Governance Disclosures
Thorney Technologies Ltd has lodged its updated corporate governance statement and accompanying Appendix 4G with the ASX for the financial year ended 30 June 2026. The documents confirm compliance with key ASX Corporate Governance Council principles,...
Thorney Technologies Swings to $16.4m Annual Loss as NTA Slides
Thorney Technologies has reported a sharp deterioration in its financial performance for the year to 30 June 2026, swinging from a prior-year investment profit to a loss from investment activities of $7.5 million and a total loss after tax of $16.4 m...
Thorney Technologies Updates Market on Ongoing On-Market Share Buy-Back
Thorney Technologies Limited has provided an updated notification to the market regarding its ongoing on-market share buy-back program for its ordinary fully paid TEK securities. The company disclosed that, as of the latest reporting date, it had rep...
Thorney Technologies updates market on progress of on-market share buy-back
Thorney Technologies Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares under the code TEK. The update, dated 14 August 2026, confirms that a total of 19,072,827...
Thorney Technologies NTA Slips as Mixed Tech Portfolio Performance Drives Active Buyback
Thorney Technologies reported a slight decline in net tangible asset backing per share in July, with pre-tax NTA easing to 21.6 cents from 21.9 cents as the portfolio softened in the first month of FY2027. The listed investment company’s techno...
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: Sep 06, 2026