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Wellnex Life Ltd (WNX) AI Stock Analysis

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AU:WNX

Wellnex Life Ltd

(ASX:WNX)

Select Model
Rating:47Neutral
Price Target:AUD 0.07â–¼(-1.52% Downside)
Action:reiterated
Date:09/06/26

The score is held down primarily by weak financial quality—continued losses, sharply lower FY2026 gross margin, and persistently negative operating/free cash flow, alongside increased leverage. Technicals are moderately supportive (above key shorter-term averages with neutral RSI and positive MACD), but valuation remains constrained by negative earnings and no stated dividend yield.

Positive Factors
Revenue reboundRevenue has increased materially across the last two reported years, indicating improving scale and stronger demand for the company’s consumer healthcare offering. Continued top-line expansion can support greater operating leverage and provide a broader base from which to improve profitability over the next several quarters.
Negative Factors
Weak and declining gross marginThe sharp gross-margin deterioration indicates that revenue growth is not currently translating into comparable economic value. Persistently low or volatile margins would constrain funds available for marketing, product development, and distribution, making durable profitability harder to achieve.

Wellnex Life Ltd (WNX) vs. iShares MSCI Australia ETF (EWA)

-80%-60%-40%-20%0%20%AU:WNX-62.29%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 4.82M
Dividend Yield
―
Average Volume (3M)
123.38K
Price to Earnings (P/E)
-1.0
Beta (1Y)
2.55
Revenue Growth
5.13%
EPS Growth
87.49%
Country
Australia
Employees
3
Sector
Consumer Defensive
Sector Strength
62
Industry
Packaged Foods

Wellnex Life Ltd Business Overview & Revenue Model

Company Description

Wellnex Life Limited, together with its subsidiaries, develops, markets, and sells health and wellness products in Australia, New Zealand, and the United Kingdom. The company offers topical anti-inflammatory creams, sprays, and roll-ons under the Pai...

How the Company Makes Money

Wellnex Life Ltd primarily makes money by generating revenue from the sale of consumer healthcare/OTC products under its owned or managed brands through pharmacy, retail, and other distribution channels. Key revenue streams typically include (1) whol...

Wellnex Life Ltd Financial Statement Overview

Summary

Revenue has rebounded strongly (FY2024 16.9M to FY2026 24.8M) and losses have narrowed, but profitability remains weak (FY2026 gross margin ~11% and net margin ~-18%) with negative EBIT/EBITDA. Cash flow is a major constraint with negative operating/free cash flow in all years (FY2026 OCF about -2.81M), and leverage has ticked up again (debt-to-equity ~1.30 in FY2026).

Income Statement

28Negative

Balance Sheet

40Negative

Cash Flow

24Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue24.84M24.84M23.63M16.93M27.89M18.61M
Gross Profit2.78M2.78M6.88M-776.00K4.75M4.50M
EBITDA-425.00K-815.00K-6.62M-10.57M-6.82M-6.35M
Net Income-4.55M-4.55M-15.60M-13.74M-13.85M-7.45M
Balance Sheet
Total Assets23.78M23.78M27.84M30.92M15.04M19.61M
Cash, Cash Equivalents and Short-Term Investments862.00K862.00K497.00K903.00K322.00K3.18M
Total Debt9.68M9.68M5.45M10.67M6.95M7.86M
Total Liabilities16.33M16.33M16.59M24.86M14.45M15.25M
Stockholders Equity7.45M7.45M11.25M6.06M594.00K4.36M
Cash Flow
Free Cash Flow-2.81M-2.81M-666.00K-6.82M-6.19M-8.65M
Operating Cash Flow-2.81M-2.81M-666.00K-6.82M-6.19M-8.61M
Investing Cash Flow10.00K10.00K-8.29M-13.42M-2.20M-3.65M
Financing Cash Flow3.17M3.17M8.55M20.82M5.53M7.66M

Wellnex Life Ltd Technical Analysis

Technical Analysis SentimentNegative
Last Price0.07

Price Trends

50DMA0.08Negative
100DMA0.07Negative
200DMA0.08Negative

Market Momentum

MACD-0.00Positive
RSI29.57Positive
STOCH0.00Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WNX, the sentiment is Negative. The current price of 0.07 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.08, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 29.57 is Positive, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WNX.

Wellnex Life Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (62)

Financial Indicators

AU:WNX against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *62Neutral$20.33B14.63-3.31%3.23%1.93%-12.26%
AU:BUBAU:BUB48NeutralAUD 69.82M-15.00-11.08%―9.08%-183.87%
AU:WNXAU:WNX47NeutralAUD 4.82M-1.04-52.00%―5.13%87.49%
AU:NUCAU:NUC46NeutralAUD 12.55M-1.68-88.51%―11.96%-81.99%
AU:HCTAU:HCT29UnderperformAUD 12.14M-3.791795.70%―0.72%-486.96%
AU:NGSAU:NGS26UnderperformAUD 18.32M-0.01-130.72%―-33.05%94.22%

* Consumer Defensive Sector Average

Performance Comparison

-75%-50%-25%0%25%AU:WNXAU:BUBAU:NUCAU:HCTAU:NGSDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:WNX and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:WNXWellnex Life Ltd0.07-0.11-62.29%
AU:BUBBubs Australia Ltd.0.08-0.07-48.00%
AU:NUCNuchev Pty Ltd0.08-0.06-42.86%
AU:HCTHolista Colltech Limited0.03-0.04-57.69%
AU:NGSNutritional Growth Solutions Ltd.0.02-0.00-9.52%

Wellnex Life Ltd Corporate Events

Wellnex Life exits Pain Away, clears debt and refocuses on consumer health growth

Oct 29, 2026

Wellnex Life has completed the divestment of its Pain Away business and used the proceeds to repay $11.79 million in borrowings, leaving the company debt-free with $5.09 million in cash at 30 September 2026. The quarter also reflected transitional co...

Wellnex Life Sets 2025 AGM, Details Proxy and Shareholder Question Process

Oct 29, 2026

Wellnex Life Limited has called its 2025 Annual General Meeting for 30 November 2026 in Melbourne, providing shareholders with details on how to attend in person or participate via proxy. Shareholders are invited to submit written questions for the B...

Wellnex Life Shareholder Ceases Substantial Holding After Off‑Market Sale

Oct 5, 2026

A substantial shareholder in Wellnex Life Limited, JYSF Management Pty Ltd and Kirby Superannuation Pty Ltd on behalf of Jeffrey Yeh and Sze En Feng, has ceased to be a substantial holder in the company. The change follows an off‑market sale of...

Wellnex Life Director Jeffrey Yeh Cuts Indirect Shareholding in Off-Market Trade

Oct 5, 2026

Wellnex Life has disclosed a significant change in the indirect shareholdings of director Jeffrey Yeh, in line with ASX reporting rules. Yeh’s interests, held through Kirby Superannuation Pty Ltd and JYSF Management Pty Ltd, have been substanti...

Wellnex Life Completes Sale of Pain Away Business to Mentholatum

Sep 11, 2026

Wellnex Life Limited has completed the sale of its Pain Away business and associated assets to Mentholatum Australasia Pty Ltd, with all conditions precedent satisfied and the upfront purchase price settled following shareholder approval. The company...

Wellnex Life shareholders back sale of Pain Away business

Sep 8, 2026

Wellnex Life Limited has announced that shareholders overwhelmingly approved the disposal of its Pain Away business at an Extraordinary General Meeting held on 8 September 2026. The resolution to divest Pain Away passed by poll with more than 99% of...

Wellnex Life appoints new part-time CFO as it advances post-divestment strategy

Aug 31, 2026

Wellnex Life Limited has announced a leadership change in its finance function, with Chief Financial Officer Vivienne Zhang stepping down and Chartered Accountant Joe Rinarelli taking on the CFO role on a part-time basis from 1 September 2026. Zhang,...

Wellnex Life Slashes FY26 Loss and Moves to Sell Pain Away Unit

Aug 31, 2026

Wellnex Life reported a marked turnaround in its FY26 audited results, with revenue up 5.1% to A$24.8 million and gross margin improving to 30.2%, while net loss shrank by 70.8% to A$4.5 million and EBITDA loss fell to A$1.7 million. Management attri...

Wellnex Life Narrows Loss as Branded Revenue Grows Amid Going-Concern Warning

Aug 31, 2026

Wellnex Life reported a 5.1% rise in revenue to $24.8 million for the year ended 30 June 2026, driven mainly by its owned brands. Margins edged up to 30.2%, or $7.5 million, indicating improved profitability from core operations.The company cut its a...

Wellnex Life Turns Cash Flow Positive as Revenue and Cost Discipline Drive FY26 Turnaround

Jul 31, 2026

Wellnex Life has reported its second consecutive quarter of positive net operating cash flow, marking a sharp turnaround in FY26 driven by rising customer receipts and tighter cost control. Receipts reached $5.7 million for the June quarter and $22.0...

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: Sep 06, 2026