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1st Group Ltd. (AU:VFX)
ASX:VFX
Australian Market
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1st Group Ltd. (VFX) AI Stock Analysis

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AU:VFX

1st Group Ltd.

(Sydney:VFX)

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Neutral 46 (OpenAI - Gpt-5.6Sol)
Rating:46Neutral
Price Target:
AU$0.05
▼(-46.00% Downside)
Action:Upgraded
Date:08/30/26
The score is primarily constrained by weak financial performance: negative equity, ongoing cash burn, and still-negative operating profitability outweigh the year-over-year reduction in net loss. Technical indicators provide only modest support (positive MACD and RSI in the low 60s), while valuation is not supportive due to a negative P/E and no dividend yield.
Positive Factors
Material reduction in net loss
The sharp reduction in net loss indicates that cost actions or other earnings improvements are having an effect. If sustained, moving toward breakeven could reduce future funding needs and provide a base for operating leverage, although profitability remains unproven.
Negative Factors
Declining revenue and weak top-line momentum
Revenue contraction weakens the company’s ability to absorb fixed costs and limits the potential for operating leverage. Without a durable return to growth, cost reductions alone may not establish a sustainable path to profitability or stronger cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Material reduction in net loss
The sharp reduction in net loss indicates that cost actions or other earnings improvements are having an effect. If sustained, moving toward breakeven could reduce future funding needs and provide a base for operating leverage, although profitability remains unproven.
Read all positive factors

1st Group Ltd. (VFX) vs. iShares MSCI Australia ETF (EWA)

1st Group Ltd. Business Overview & Revenue Model

Company Description
Operating in Australia, Visionflex Group Limited and its associated companies specialize in providing cutting-edge healthcare, telehealth, and remote diagnostic services. The company's portfolio features virtual healthcare systems and specialized ...

1st Group Ltd. Financial Statement Overview

Summary
Financials remain high risk despite improvement. Revenue fell ~7% in 2026 and gross profit/operating profitability were still negative, while the balance sheet shows negative shareholders’ equity (reduced flexibility and higher solvency/refinancing risk). Cash flow is also weak with negative operating cash flow and consistently negative free cash flow, indicating continued funding dependence, even though losses narrowed substantially year over year.
Income Statement
18
Very Negative
Balance Sheet
9
Very Negative
Cash Flow
12
Very Negative
BreakdownJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue4.14M4.19M6.65M4.47M4.83M
Gross Profit-887.14K-2.42M3.94M3.41M4.83M
EBITDA-2.06M-3.37M-1.32M-3.56M-6.43M
Net Income-57.80K-3.19M-1.83M-3.66M-6.82M
Balance Sheet
Total Assets3.09M3.39M2.88M4.09M4.27M
Cash, Cash Equivalents and Short-Term Investments1.62M1.89M1.16M1.44M2.01M
Total Debt577.99K2.47M13.65M12.11M4.65M
Total Liabilities3.11M5.22M19.76M18.73M8.16M
Stockholders Equity-14.69K-1.82M-8.11M-6.74M-3.89M
Cash Flow
Free Cash Flow-1.27M-3.19M-1.38M-3.68M-2.82M
Operating Cash Flow-1.26M-3.16M0.000.000.00
Investing Cash Flow-15.56K-29.51K276.80K720.13K-21.84K
Financing Cash Flow1.02M3.92M798.81K2.36M4.59M

1st Group Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
AU$141.73M61.762.53%26.61%41.67%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
51
Neutral
AU$163.64M-9.45-203.69%-1.53%28.29%
50
Neutral
AU$18.60M-578.72%113.42%29.17%
49
Neutral
AU$35.44M-1.91-58.13%2.08%-195.31%
46
Neutral
AU$3.90M-225.00-84.46%-10.07%99.60%
43
Neutral
AU$22.99M-2.53-1688.04%11.45%0.69%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:VFX
1st Group Ltd.
0.05
-0.03
-40.79%
AU:ONE
Oneview Healthcare Chess Depository Interests repr 1
0.20
-0.04
-17.02%
AU:BMT
Beamtree Holdings Ltd
0.12
-0.11
-47.83%
AU:ALC
Alcidion Group Limited
0.11
0.02
16.67%
AU:ICR
InteliCare Holdings Limited
0.03
<0.01
52.94%
AU:PCK
PainChek Ltd
0.11
-0.33
-75.00%

1st Group Ltd. Corporate Events

Visionflex files Appendix 4G and updates corporate governance statement
Aug 28, 2026
Visionflex Group Limited has lodged its Appendix 4G and updated Corporate Governance Statement for the financial year ended 30 June 2026, in line with ASX listing rule requirements. The governance statement, approved by the board and made availabl...
Visionflex Narrows Losses and Builds Recurring Revenue Despite FY26 Sales Dip
Aug 28, 2026
Visionflex Group reported FY26 revenue of $4.2 million, down 10% due to customer deferrals of hardware deliveries into FY27, but significantly improved profitability metrics, including an 86% gross margin and an 84% reduction in statutory loss bef...
Visionflex Group Tables 2026 Annual Report for Investors
Aug 28, 2026
Visionflex Group Limited has released its 2026 annual report, which compiles key governance, financial, and operational disclosures for investors. The report includes chair and CEO commentary, detailed directors&#8217; and remuneration reports, pr...
Visionflex slashes annual loss but auditor flags going-concern risks
Aug 28, 2026
Visionflex Group Limited reported a 10% decline in revenue to $4.18 million for the year ended 30 June 2026, but drastically reduced its net loss to $54,772 from $3.09 million a year earlier. The company did not declare dividends and its net tangi...
Visionflex turns cashflow positive and launches unattended virtual care platform
Jul 12, 2026
Visionflex Group Limited reported a cashflow-positive June quarter and second half of FY26, with Q4 operating cash inflow of $0.7m and full-year operating cash outflow reduced to $1.2m, reflecting workforce efficiencies and cost restructuring. Alt...
Visionflex posts positive quarterly cash flow and bolsters liquidity
Jul 12, 2026
Visionflex Group Limited reported quarterly customer receipts of A$2.1 million and positive operating cash flow of A$720,000 for the quarter ended 30 June 2026, marking an improvement on a year-to-date operating cash outflow of A$1.2 million. The ...
Visionflex Wins NSW Health Contract for Statewide Remote Monitoring Hardware
Jun 25, 2026
Visionflex Group Limited has secured an approximately $0.8 million contract with NSW Health to supply proprietary clinical hardware for the state&#8217;s Remote Patient Monitoring Digital Uplift program, supporting Virtual Hospital and Hospital in...
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: Aug 30, 2026