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Wellnex Life Ltd (AU:WNX)
ASX:WNX
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Wellnex Life Ltd (WNX) AI Stock Analysis

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AU:WNX

Wellnex Life Ltd

(Sydney:WNX)

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Neutral 47 (OpenAI - Gpt-5.6Sol)
Rating:47Neutral
Price Target:
AU$0.08
▼(-10.00% 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 recovery
The rebound in revenue indicates improving scale and demand across Wellnex Life’s consumer healthcare activities. Sustained top-line expansion can broaden brand reach, support operating leverage, and provide a stronger foundation for margin recovery over the next several quarters.
Negative Factors
Gross-margin deterioration
The sharp gross-margin decline is a durable concern because it directly weakens the economics of each sale and makes break-even harder to reach. Unless pricing, product mix, or cost performance improves, revenue growth may not translate into operating profit or stronger cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue recovery
The rebound in revenue indicates improving scale and demand across Wellnex Life’s consumer healthcare activities. Sustained top-line expansion can broaden brand reach, support operating leverage, and provide a stronger foundation for margin recovery over the next several quarters.
Read all positive factors

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

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 ...
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) w...

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
28
Negative
Balance Sheet
40
Negative
Cash Flow
24
Negative
BreakdownJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue24.84M23.63M16.93M27.89M18.61M
Gross Profit2.78M6.88M-776.00K4.75M4.50M
EBITDA-815.00K-6.62M-10.57M-6.82M-6.35M
Net Income-4.55M-15.60M-13.74M-13.85M-7.45M
Balance Sheet
Total Assets23.78M27.84M30.92M15.04M19.61M
Cash, Cash Equivalents and Short-Term Investments862.00K497.00K903.00K322.00K3.18M
Total Debt9.68M5.45M10.67M6.95M7.86M
Total Liabilities16.33M16.59M24.86M14.45M15.25M
Stockholders Equity7.45M11.25M6.06M594.00K4.36M
Cash Flow
Free Cash Flow-2.81M-666.00K-6.82M-6.19M-8.65M
Operating Cash Flow-2.81M-666.00K-6.82M-6.19M-8.61M
Investing Cash Flow10.00K-8.29M-13.42M-2.20M-3.65M
Financing Cash Flow3.17M8.55M20.82M5.53M7.66M

Wellnex Life Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.09
Price Trends
50DMA
0.07
Positive
100DMA
0.07
Positive
200DMA
0.09
Negative
Market Momentum
MACD
<0.01
Positive
RSI
52.03
Neutral
STOCH
27.78
Neutral
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 0.09 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.07, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.03 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, 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
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
$20.33B14.63-3.31%3.23%1.93%-12.26%
56
Neutral
AU$89.41M-19.23-11.08%9.08%-183.87%
47
Neutral
AU$5.99M-1.30-52.00%5.13%87.49%
46
Neutral
AU$13.33M-1.79-88.51%11.96%-81.99%
39
Underperform
AU$16.92M-5.291795.70%0.72%-486.96%
39
Underperform
AU$6.99M-0.01-130.72%-33.05%94.22%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:WNX
Wellnex Life Ltd
0.08
-0.15
-64.78%
AU:BUB
Bubs Australia Ltd.
0.13
-0.03
-18.75%
AU:NUC
Nuchev Pty Ltd
0.09
-0.06
-43.33%
AU:HCT
Holista Colltech Limited
0.04
-0.06
-59.05%
AU:NGS
Nutritional Growth Solutions Ltd.
0.02
<0.01
16.67%

Wellnex Life Ltd Corporate Events

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. Zha...
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 at...
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 it...
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 $2...
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