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Wingara Ag Ltd. (AU:WNR)
ASX:WNR
Australian Market
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Wingara Ag Ltd. (WNR) AI Stock Analysis

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AU:WNR

Wingara Ag Ltd.

(Sydney:WNR)

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Neutral 41 (OpenAI - 5.2)
Rating:41Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:Upgraded
Date:07/01/26
The score is primarily driven by very weak financial performance—ongoing losses, negative free cash flow, and negative equity—indicating elevated operating and solvency risk. Valuation is not supportive due to loss-making results and no dividend data, while technicals provide minimal directional insight given flat moving averages and missing momentum indicators.
Positive Factors
Historical gross margin
Reported positive gross margin in 2022–2023 indicates the company’s core product or operations were capable of delivering unit economics when volume existed. If management can restore scale or optimize capacity, that historical margin suggests inherent product viability rather than a structurally unprofitable model.
Negative Factors
Negative shareholders' equity
Negative equity is a material solvency impairment that reduces financial flexibility and increases creditor and counterparty risk. It constrains capital raises, may trigger covenant or governance issues, and materially elevates the probability of restructuring or insolvency absent external recapitalization.
Read all positive and negative factors
Positive Factors
Negative Factors
Historical gross margin
Reported positive gross margin in 2022–2023 indicates the company’s core product or operations were capable of delivering unit economics when volume existed. If management can restore scale or optimize capacity, that historical margin suggests inherent product viability rather than a structurally unprofitable model.
Read all positive factors

Wingara Ag Ltd. (WNR) vs. iShares MSCI Australia ETF (EWA)

Wingara Ag Ltd. Business Overview & Revenue Model

Company Description
Wingara AG Limited, an Australian enterprise, specializes in the processing and commercialization of agricultural commodities. Its product range notably includes oaten hay and various other fodder types. The company extends its reach international...
How the Company Makes Money
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Wingara Ag Ltd. Financial Statement Overview

Summary
Very weak fundamentals: persistent net losses, consistently negative free cash flow, and a deteriorated balance sheet with stockholders’ equity turning negative in the latest period. The most recent year also shows an extreme revenue collapse, increasing liquidity and solvency risk.
Income Statement
14
Very Negative
Balance Sheet
22
Negative
Cash Flow
18
Very Negative
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue4.32K3.50M2.97M33.76M39.35M
Gross Profit-559.95K-356.71K919.46K14.70M16.07M
EBITDA-589.11K-965.83K-2.66M-1.68M-1.49M
Net Income-733.74K-1.47M-3.13M-3.31M-5.70M
Balance Sheet
Total Assets282.52K1.70M5.08M19.51M46.41M
Cash, Cash Equivalents and Short-Term Investments146.22K648.30K2.27M1.15M1.51M
Total Debt376.66K399.88K590.54K9.94M8.54M
Total Liabilities623.56K1.31M3.22M13.47M36.76M
Stockholders Equity-341.05K392.69K1.86M6.04M9.65M
Cash Flow
Free Cash Flow-710.38K-1.73M-2.34M-3.86M-403.60K
Operating Cash Flow-710.38K-1.68M-2.00M-3.31M1.39M
Investing Cash Flow291.50K556.54K13.27M590.27K-1.91M
Financing Cash Flow-83.20K-495.78K-10.15M105.47K-995.52K

Wingara Ag Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
AU$898.16M12.4711.22%5.40%-2.43%-0.05%
62
Neutral
$20.33B14.63-3.31%3.23%1.93%-12.26%
56
Neutral
AU$1.45B-103.97-0.99%5.80%-1.68%-119.86%
49
Neutral
AU$20.27M26.195.10%-79.79%-60.38%
41
Neutral
AU$1.23M-1.71304.44%9.23%-99.88%50.00%
41
Neutral
AU$37.50M-0.74-28.98%22.86%-9.65%-53.79%
38
Underperform
AU$7.20M-1.33-90.33%-83.83%84.80%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:WNR
Wingara Ag Ltd.
0.01
0.00
0.00%
AU:GNC
Graincorp Limited Class A
6.55
-1.66
-20.24%
AU:WOA
Wide Open Agriculture Ltd.
0.01
>-0.01
-21.43%
AU:DBF
Duxton Farms Limited
0.35
-0.64
-64.65%
AU:SGLLV
Ricegrowers Ltd. Class B
12.97
-1.52
-10.49%
AU:AAP
Australian Agricultural Projects Ltd.
0.06
<0.01
10.00%

Wingara Ag Ltd. Corporate Events

Wingara AG Files Updated Corporate Governance Statement with ASX
Jun 29, 2026
Wingara AG Limited has lodged its updated corporate governance statement for the financial year ended 31 March 2026, confirming that the document is available on its website and was approved by the board on 28 June 2026. The filing, made alongside...
Wingara Ag updates corporate governance framework to align with ASX guidelines
Jun 29, 2026
Wingara Ag Ltd has released an updated corporate governance statement, approved by its board on 28 June 2026, outlining how it aligns its practices with the ASX Corporate Governance Principles and Recommendations. The board highlights its adoption...
Wingara AG Narrows Annual Loss as Revenue Collapses and Net Assets Turn Negative
Jun 29, 2026
Wingara AG Limited reported a sharp contraction in revenue from ordinary activities to $4,315 for the year ended 31 March 2026, a 100% decline compared with the prior period, while its net loss after tax halved to $733,738 from $1,466,195. The com...
Wingara AG Revenue Collapses as Net Tangible Assets Turn Negative
Jun 29, 2026
Wingara AG Limited reported a sharp collapse in revenue for the half-year to 30 September 2025, with income from ordinary activities plunging 99% to just $4,315. Despite this severe drop in sales, the company narrowed its after-tax loss to $533,66...
Wingara Ag files updated ASX corporate governance statement
Jun 29, 2026
Wingara Ag Limited has lodged its updated corporate governance statement for the financial year ended 31 March 2025, confirming that the document is available on its website and is current as of 28 June 2026. The board has approved the statement a...
Wingara Ag formalises ASX-aligned corporate governance framework
Jun 29, 2026
Wingara Ag has formalised its corporate governance framework in line with the ASX Corporate Governance Principles and Recommendations, tailoring them to its size, resources and activities. The board has adopted and approved a comprehensive governa...
Wingara AG Sells Key Hay Asset and Pauses Operations Amid Market Pressures
Jun 29, 2026
Wingara AG used the 2025 financial year to consolidate operations at its JC Tanloden Epsom site, concentrating on the fodder business and efforts to increase production efficiency and safety despite weak market conditions. Management continued to ...
Wingara completes exit from legacy assets and refocuses on core hay trading
Jun 26, 2026
Wingara AG Limited has continued its operational reset, exiting its Epsom leasehold and finalising obligations tied to the earlier cessation of export hay processing and the sale of its main hay processing assets. The company also addressed long-s...
Wingara secures funding as it pivots to domestic hay and logistics
Jun 26, 2026
Wingara AG Limited has continued to operate with a reduced cost base after selling its main export hay processing assets and winding down those activities, while managing ongoing obligations at its Epsom site ahead of the lease expiry in February ...
ASX Sets Deadlines for Long‑Term Suspended Companies to Comply or Face Delisting
Apr 17, 2026
The ASX has published an update on long-term suspended entities, detailing companies whose securities have been halted from trading for more than three months and outlining their overdue periodic financial and activities reports. The notice sets c...
Wingara AG consolidates corporate base with new Sydney head office
Apr 15, 2026
Wingara AG Limited has updated the market on a change to its registered office, principal place of business and postal address, now consolidated at Suite 34.03, Level 34, 25 Martin Place, Sydney, NSW 2000. The move formalises a new corporate base ...
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: Jul 01, 2026