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Global Invacom Group Ltd (SG:QS9)
SGX:QS9
Singapore Market
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Global Invacom (QS9) AI Stock Analysis

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SG:QS9

Global Invacom

(SGX:QS9)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
S$0.05
▼(-16.67% Downside)
Action:Reiterated
Date:06/17/26
The score is held down primarily by weak financial performance (multi-year revenue contraction, recurring losses, and unstable cash flow) and bearish technical signals (price below key moving averages with negative MACD). A low-debt balance sheet and modest 2025 operational improvement provide some offset, but valuation support is limited because the company is loss-making and no dividend yield is available.
Positive Factors
Conservative and improving leverage
Material reduction in total debt improves solvency and financial flexibility. A low leverage profile gives management room to fund operations, restructure or invest in product development without heavy interest burdens, lowering refinancing risk over the next several months.
Negative Factors
Multi-year revenue decline
A sustained drop in revenue erodes scale economics and market presence, making it harder to cover fixed costs and invest in R&D or sales. Recovering lost customer relationships and volumes will take time, leaving near-term profit recovery uncertain without structural market share gains.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative and improving leverage
Material reduction in total debt improves solvency and financial flexibility. A low leverage profile gives management room to fund operations, restructure or invest in product development without heavy interest burdens, lowering refinancing risk over the next several months.
Read all positive factors

Global Invacom (QS9) vs. iShares MSCI Singapore ETF (EWS)

Global Invacom Business Overview & Revenue Model

Company Description
Global Invacom Group Limited operates as an investment holding company, specializing in the research, development, design, and supply of satellite communications hardware and systems. Its market reach extends internationally, encompassing signific...
How the Company Makes Money
Global Invacom primarily makes money by selling communications hardware and related solutions to business customers in the satellite communications and broader connectivity value chain. Key revenue streams typically include (1) product revenue fro...

Global Invacom Financial Statement Overview

Summary
Income statement weakness dominates: revenue fell sharply over multiple years (2020 ~136.1m to 2025 ~30.4m) with recurring losses (negative net income in 4 of last 5 years) and negative EBIT/EBITDA in 2024–2025. Positives are a low and improving debt position (debt down to ~2.0m by 2025) and a small 2025 rebound in revenue and modestly positive operating/free cash flow, but cash flow has been volatile and equity has eroded materially.
Income Statement
34
Negative
Balance Sheet
66
Positive
Cash Flow
45
Neutral
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue30.41M34.68M39.81M72.77M82.54M
Gross Profit14.05M13.66M15.49M14.42M16.55M
EBITDA-1.34M-5.08M3.98M-10.46M4.85M
Net Income-2.22M-8.37M-963.00K-15.53M561.00K
Balance Sheet
Total Assets31.63M34.09M54.56M56.25M77.92M
Cash, Cash Equivalents and Short-Term Investments3.76M5.13M10.79M9.24M10.77M
Total Debt2.00M1.57M5.12M8.69M10.84M
Total Liabilities8.89M9.59M21.59M22.67M30.56M
Stockholders Equity22.77M24.54M33.00M33.61M47.38M
Cash Flow
Free Cash Flow151.00K-2.72M1.20M687.00K-1.60M
Operating Cash Flow386.00K-2.23M2.16M1.16M-537.00K
Investing Cash Flow-786.00K-487.56K4.88M-462.00K-278.00K
Financing Cash Flow523.00K-5.03M-4.99M-2.21M295.00K

Global Invacom Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.06
Price Trends
50DMA
0.07
Negative
100DMA
0.07
Negative
200DMA
0.06
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
27.49
Positive
STOCH
-7.22
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:QS9, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.07, and above the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 27.49 is Positive, neither overbought nor oversold. The STOCH value of -7.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:QS9.

Global Invacom Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
S$470.79M22.7811.96%5.24%-7.63%-33.33%
73
Outperform
S$675.32M16.8912.85%17.05%-30.42%-43.04%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
58
Neutral
S$59.71M-15.28-9.70%1.98%-6.41%
44
Neutral
S$14.13M-4.90-23.80%-14.46%73.19%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:QS9
Global Invacom
0.05
0.03
173.68%
SG:BN2
Valuetronics Holdings
1.09
0.40
56.83%
SG:8AZ
Aztech Global Ltd.
0.88
0.39
81.91%
SG:BDR
Willas-Array Electronics (Holdings) Limited
1.08
0.72
200.00%
SG:K29
Karin Technology Holdings Limited
0.26
-0.01
-3.70%
SG:N01
Nera Telecommunications Ltd
0.17
0.07
70.10%

Global Invacom Corporate Events

Global Invacom Shareholders Back Board Resolutions and Share-Issue Mandate at AGM
May 22, 2026
Global Invacom held its annual general meeting in Singapore on 28 April 2026, where the board presented the group’s performance for the 2025 financial year, along with updates on sustainability and product development. Shareholders engaged m...
Global Invacom Secures Exclusive Global Rights to Prodelin VSAT Antennas
Apr 21, 2026
Global Invacom Group has secured worldwide exclusive distribution rights for the Prodelin range of VSAT sheet moulding composite antennas from Premix-Hadlock, part of GMR Companies, under a two-and-a-half-year agreement. The professional-grade ant...
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: Jun 17, 2026