Ardiden Limited - ADV.AX

ADV.AX Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
ADV.AX	0	11.5	7.4	7.4	7.4	-9.4	-75.9	-15.7	-32.6	-99.9
S&P 500	-1.8	-1.5	0.3	3.1	9.7	21.5	38.4	84.7	195.1	33815.5

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	ADV.AX
name	Ardiden Limited
price	0.145
changes percentage	0
change	0
day low	0.14
day high	0.145
year high	0.185
year low	0.115
market cap	9065038
price avg 50	0.1344
price avg 200	0.1373
exchange	ASX
volume	44371
avg volume	98290
open	0.14
previous close	0.145
eps	-0.16
pe	-0.91
earnings announcement	2025-03-12T10:59:00.000+0000
shares outstanding	62517500
timestamp	2025-01-24 02:32:56

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 25.7%

Overall Quarterly Financial Health: 54.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0000000000
revenue	0	0	NaN
gross profit	-72997	-109478	33.32
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	1976018	2407960	-17.94
interest income	590626	202690	191.39
interest expense	0	0	NaN
ebitda	-10121065	15896674	-163.67
ebitdaratio	0	0	NaN
operating income	-2049016	-2517440	18.61
operating income ratio	0	0	NaN
net income	-10194062	15749330	-164.73
net income ratio	0	0	NaN
eps	-0.16	0.25	-164.00

Overall Score of Annual Income Statement

0.33 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 0 million in 2024 from 0 million in 2023 representing a change of 33.32%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 2 million in 2024 from 2 million in 2023 representing a change of -17.94%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

• 📉 Negative Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -10 million in 2024 from 16 million in 2023 representing a change of -163.67%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to -2 million in 2024 from -3 million in 2023 representing a change of 18.61%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to -10 million in 2024 from 16 million in 2023 representing a change of -164.73%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to -0.16 in 2024 from -0.16 in 2023 representing a change of -164.0%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q2	Q/Q change %
0000000000
revenue	0	0	NaN
gross profit	0	0	NaN
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	824748	7153650	-88.47
interest income	387240	203386	90.40
interest expense	0	0	NaN
ebitda	-3243795	-6950267	53.33
ebitdaratio	0	0	NaN
operating income	-824749	-1225997	32.73
operating income ratio	0	0	NaN
net income	-3243798	-6950264	53.33
net income ratio	0	0	NaN
eps	-0.05	-0.11	52.82

Overall Score of Quarterly Income Statement

0.4 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 1 million in 2024Q4 from 7 million in 2024Q2 representing a change of -88.47%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -3 million in 2024Q4 from -7 million in 2024Q2 representing a change of 53.33%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Net Income: Net income decreased to -3 million in 2024Q4 from -7 million in 2024Q2 representing a change of 53.33%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

• 📈 Positive Indicators

  Operating Income: Operating income increased to -1 million in 2024Q4 from -1 million in 2024Q2 representing a change of 32.73%. The increase in operating income indicates better operational performance and increased profitability.

  Earnings per Share (EPS): EPS increased to -0.05 in 2024Q4 from -0.05 in 2024Q2 representing a change of 52.82%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0000000000
total assets	31804250	42287125	-24.79
total liabilities	116276	361090	-67.80
total equity	31687974	41926035	-24.42
cash and cash equivalents	10834903	9353400	15.84
short term investments	1004813	9526150	-89.45
long term investments	0	0	NaN
total current assets	13162675	24238366	-45.69
total non current assets	18641575	18048759	3.28
total current liabilities	102917	347248	-70.36
total non current liabilities	13359	13842	-3.49
common stock	59269005	59269005	0.00
retained earnings	-28427023	-18232961	-55.91
total debt	0	58198	-100.00

Overall Score of Annual Balance Sheet

0.44 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 32 million in 2024 from 42 million in 2023 representing a change of -24.79%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 32 million in 2024 from 42 million in 2023 representing a change of -24.42%. This indicates a decrease in shareholders' equity.

  Short Term Investments: Short Term Investments decreased to 1 million in 2024 from 10 million in 2023 representing a change of -89.45%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 13 million in 2024 from 24 million in 2023 representing a change of -45.69%. This indicates a worsen liquidity position.

  Retained Earnings: Retained Earnings decreased to -28 million in 2024 from -18 million in 2023 representing a change of -55.91%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 0 million in 2024 from 0 million in 2023 representing a change of -67.8%. This indicates a decrease in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 11 million in 2024 from 9 million in 2023 representing a change of 15.84%. This indicates an increase in available liquid assets.

  Total Current Liabilities: Total Current Liabilities decreased to 0 million in 2024 from 0 million in 2023 representing a change of -70.36%. This indicates a lower short-term debt burden.

  Total Debt: Total Debt decreased to 0 million in 2024 from 0 million in 2023 representing a change of -100.0%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q2	Q/Q change %
0000000000
total assets	31804250	35285865	-9.87
total liabilities	116276	289604	-59.85
total equity	31687974	34978956	-9.41
cash and cash equivalents	10834903	7641296	41.79
short term investments	1004813	3719114	-72.98
long term investments	0	0	NaN
total current assets	13162675	16483877	-20.15
total non current assets	18641575	18801987	-0.85
total current liabilities	102917	289604	-64.46
total non current liabilities	13359	17305	-22.80
common stock	59269005	59269005	0.00
retained earnings	-28427023	-25183225	-12.88
total debt	0	23442	-100.00

Overall Score of Quarterly Balance Sheet

0.44 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 32 million in 2024Q4 from 35 million in 2024Q2 representing a change of -9.87%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 32 million in 2024Q4 from 35 million in 2024Q2 representing a change of -9.41%. This indicates a decrease in shareholders' equity.

  Short Term Investments: Short Term Investments decreased to 1 million in 2024Q4 from 4 million in 2024Q2 representing a change of -72.98%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 13 million in 2024Q4 from 16 million in 2024Q2 representing a change of -20.15%. This indicates a worsen liquidity position.

  Retained Earnings: Retained Earnings decreased to -28 million in 2024Q4 from -25 million in 2024Q2 representing a change of -12.88%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 0 million in 2024Q4 from 0 million in 2024Q2 representing a change of -59.85%. This indicates a decrease in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 11 million in 2024Q4 from 8 million in 2024Q2 representing a change of 41.79%. This indicates an increase in available liquid assets.

  Total Current Liabilities: Total Current Liabilities decreased to 0 million in 2024Q4 from 0 million in 2024Q2 representing a change of -64.46%. This indicates a lower short-term debt burden.

  Total Debt: Total Debt decreased to 0 million in 2024Q4 from 0 million in 2024Q2 representing a change of -100.0%. This indicates a reduction in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0000000000
net change in cash	1481503	4981083	-70.26
operating cash flow	2203333	-2038180	208.10
free cash flow	1352321	-8632118	115.67
capital expenditure	-851012	-6593938	87.09
depreciation and amortization	0	109478	-100.00
deferred income tax	0	-267700	100.00
stock based compensation	0	123.28	-100.00
accounts payables	-26609	-29768	10.61
inventory	0	0	NaN
acquisitions net	32197	27315	17.87
investments in property plant and equipment	-36670	-6593938	99.44
net cash used for investing activites	-519757	7117083	-107.30
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	-1480	100.00
dividends paid	0	0	NaN
net cash used provided by financing activities	-35286	-67855	48.00
cash at end of period	10834903	9353400	15.84
accounts receivables	3630154	104303	3380.39
cash at beginning of period	9353400	4372317	113.92

Overall Score of Annual Cashflow Statement

None

Detailed Analysis

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q2	Q/Q change %
0000000000
operating cash flow	2855574	-652241	537.81
free cash flow	2854330	-1699028	268.00
capital expenditure	-1244	-1046787	99.88
depreciation and amortization	0	0	NaN
deferred income tax	0	0	NaN
stock based compensation	0	40366	-100.00
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	22564	9633	134.24
investments in property plant and equipment	195775	-1046787	118.70
net cash used for investing activites	517397	-1037154	149.89
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-35286	9351399	-100.38
net change in cash	3193607	-1712104	286.53
cash at end of period	10834903	7641296	41.79
cash at beginning of period	7641296	9353400	-18.30

Overall Score of Quarterly Cashflow Statement

0.8 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 3 million in 2024Q4 from -2 million in 2024Q2 representing a change of 286.53%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 3 million in 2024Q4 from -1 million in 2024Q2 representing a change of 537.81%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 3 million in 2024Q4 from -2 million in 2024Q2 representing a change of 268.0%. This indicates an increase in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2024Q4 from 0 million in 2024Q2 representing a change of -100.0%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to 0 million in 2024Q4 from -1 million in 2024Q2 representing a change of 99.88%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2024-06-30	2023-06-30	Y/Y change %
FY
calendar year	2024	2023	NaN
revenue per share	0	0	NaN
net income per share	-0.16	0.25	-164.73
operating cash flow per share	0.04	-0.03	208.11
free cash flow per share	0.02	-0.14	115.67
cash per share	0.19	0.3	-37.29
book value per share	0.51	0.67	-24.42
tangible book value per share	0.51	0.67	-24.42
shareholders equity per share	0.51	0.67	-24.42
interest debt per share	0	0.0	-100.00
market cap	7814688.25	18818621.14	-58.47
enterprise value	-3020214.75	9523419.14	-131.71
pe ratio	-0.77	1.19	-164.16
price to sales ratio	0	0	NaN
pocfratio	3.55	-9.23	138.41
pfcf ratio	5.78	-2.18	365.07
pb ratio	0.25	0.45	-45.06
ptb ratio	0.25	0.45	-45.06
ev to sales	0	0	NaN
enterprise value over ebitda	0.3	0.6	-50.19
ev to operating cash flow	-1.37	-4.67	70.66
ev to free cash flow	-2.23	-1.1	-102.43
earnings yield	-1.3	0.84	-255.87
free cash flow yield	0.17	-0.46	137.73
debt to equity	0	0.0	-100.00
debt to assets	0	0.0	-100.00
net debt to ebitda	1.07	-0.58	283.08
current ratio	127.9	69.8	83.23
interest coverage	0	0	NaN
income quality	-0.22	-0.13	-67.01
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0.39	-3.24	111.94
capex to revenue	0	0	NaN
capex to depreciation	0	60.23	-100.00
stock based compensation to revenue	0	0	NaN
graham number	1.36	1.95	-30.05
roic	-0.01	-0.06	78.27
return on tangible assets	-0.32	0.37	-186.06
graham net net	0.2	0.36	-43.44
working capital	13059758	23891118	-45.34
tangible asset value	31687974	41926035	-24.42
net current asset value	13046399	23877276	-45.36
invested capital	31701333	24134322	31.35
average receivables	3285813.5	2871481	14.43
average payables	114116	818489.5	-86.06
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	175.14	644.15	-72.81
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	2.08	0.57	267.78
inventory turnover	0	0	NaN
roe	-0.32	0.38	-185.64
capex per share	0.01	0.11	-87.09

• Negative

  ROE: Return on Equity (ROE) decreased to -0.32 on 2024-06-30 from 0.38 on 2023-06-30, representing a change of -185.64%. Suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -0.77 on 2024-06-30 from 1.19 on 2023-06-30, representing a change of -164.16%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 127.90 on 2024-06-30 from 69.80 on 2023-06-30, representing a change of 83.23%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2024-06-30 from 0.00 on 2023-06-30, representing a change of -100.00%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q4	2023-12-31 Q2	Q/Q change %
ADV.AX
calendar year	2024	2024	NaN
revenue per share	0	0	NaN
net income per share	-0.05	-0.11	53.26
operating cash flow per share	0.05	-0.01	538.49
free cash flow per share	0.05	-0.03	268.26
cash per share	0.19	0.18	4.38
book value per share	0.51	0.56	-9.31
tangible book value per share	0.51	0.56	-9.31
shareholders equity per share	0.51	0.56	-9.27
interest debt per share	0	0.0	-100.00
market cap	7814688.25	10957450	-28.68
enterprise value	-3020214.75	3339596	-190.44
pe ratio	-0.6	-0.39	-52.81
price to sales ratio	0	0	NaN
pocfratio	2.74	-16.8	116.29
pfcf ratio	2.74	-6.45	142.45
pb ratio	0.25	0.31	-21.27
ptb ratio	0.25	0.31	-21.27
ev to sales	0	0	NaN
enterprise value over ebitda	0.93	-0.48	293.77
ev to operating cash flow	-1.06	-5.12	79.34
ev to free cash flow	-1.06	-1.97	46.17
earnings yield	-0.42	-0.63	34.56
free cash flow yield	0.37	-0.16	335.56
debt to equity	0	0.0	-100.00
debt to assets	0	0.0	-100.00
net debt to ebitda	3.34	1.1	204.75
current ratio	127.9	56.92	124.70
interest coverage	0	0	NaN
income quality	-0.88	0.09	-1038.06
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0.0	-1.6	100.03
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	0.77	1.18	-34.88
roic	0	-0.04	100.00
return on tangible assets	-0.1	-0.2	48.22
graham net net	0.2	0.2	3.18
working capital	13059758	16194273	-19.36
tangible asset value	31687974	34996261	-9.45
net current asset value	13046399	16194273	-19.44
invested capital	31701333	34996261	-9.42
average receivables	3178711	5155110.5	-38.34
average payables	128723	207812	-38.06
average inventory	-2524004	-2524004	0.00
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	-0.1	-0.2	48.48
capex per share	0.0	0.02	-99.88

• Negative

  ROE: Return on Equity (ROE) increased to -0.10 on 2024-06-30 Q4 from -0.20 on 2023-12-31 Q2, representing a change of 48.48%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -0.60 on 2024-06-30 Q4 from -0.39 on 2023-12-31 Q2, representing a change of -52.81%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 127.90 on 2024-06-30 Q4 from 56.92 on 2023-12-31 Q2, representing a change of 124.70%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2024-06-30 Q4 from 0.00 on 2023-12-31 Q2, representing a change of -100.00%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 0.17 which is higher than current price 0.14, indicates the company may be undervalued.