XTEK Limited - XTE.AX

XTE.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 %
XTE.AX	18.9	20.5	1.1	41.9	14.3	-23.5	-18.5	10	37.5	-93.3
S&P 500	0.5	-0.8	3.2	6.4	9.9	25.3	34.5	88.2	200.4	34278.1

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	XTE.AX
name	XTEK Limited
price	0.44
changes percentage	1.1494
change	0.005
day low	0.43
day high	0.445
year high	0.765
year low	0.27
market cap	45180520
price avg 50	0.4231
price avg 200	0.42615
exchange	ASX
volume	81125
avg volume	201347
open	0.43
previous close	0.435
eps	0.06
pe	7.333333
earnings announcement	2024-02-26T10:59:00.000+0000
shares outstanding	102683000
timestamp	2023-11-29 04:50:10

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: 48.7%

Overall Quarterly Financial Health: 33.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0000000000
revenue	89406127	58102204	53.88
gross profit	33697161	27363305	23.15
gross profit ratio	0.38	0.47	-19.97
research and development expenses	0	0	NaN
operating expenses	23966452	23791666	0.73
interest income	66693	3309	1915.50
interest expense	17944	7235	148.02
ebitda	10415262	7882846	32.13
ebitdaratio	0.13	0.09	45.47
operating income	8923543	6889342	29.53
operating income ratio	0.1	0.12	-15.82
net income	6093520	5738730	6.18
net income ratio	0.07	0.1	-31.00
eps	0.06	0.06	0.00

Overall Score of Annual Income Statement

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 89 million in 2022 from 58 million in 2021 representing a change of 53.88%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 34 million in 2022 from 27 million in 2021 representing a change of 23.15%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Income: Operating income increased to 9 million in 2022 from 7 million in 2021 representing a change of 29.53%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 6 million in 2022 from 6 million in 2021 representing a change of 6.18%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 24 million in 2022 from 24 million in 2021 representing a change of 0.73%. 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 10 million in 2022 from 8 million in 2021 representing a change of 32.13%. The decrease in EBITDA indicates declined operational efficiency and profitability.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2022Q4	2022Q3	Q/Q change %
0000000000
revenue	20457061	20457061	0.0
gross profit	4567504	4567504	0.0
gross profit ratio	0.22	0.22	0.0
research and development expenses	0	0	NaN
operating expenses	5058002	5058002	0.0
interest income	33839	33839	0.0
interest expense	33839	33839	0.0
ebitda	-275995	-275995	0.0
ebitdaratio	-0.01	-0.01	0.0
operating income	-560457	-560457	0.0
operating income ratio	-0.03	-0.03	0.0
net income	21832	21832	0.0
net income ratio	0.0	0.0	0.0
eps	0.0	0.0	0.0

Overall Score of Quarterly Income Statement

0.5 out of 1

Detailed Analysis

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0000000000
total assets	76117865	78474852	-3.00
total liabilities	34013719	43662027	-22.10
total equity	42104146	34812825	20.94
cash and cash equivalents	6894578	36199524	-80.95
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	61751050	64556786	-4.35
total non current assets	14366815	13918066	3.22
total current liabilities	32639580	41301430	-20.97
total non current liabilities	1374139	2360597	-41.79
common stock	52502403	52061051	0.85
retained earnings	-11425376	-17558856	34.93
total debt	1554094	3462846	-55.12

Overall Score of Annual Balance Sheet

0.67 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 76 million in 2022 from 78 million in 2021 representing a change of -3.0%. Suggesting a decrease in asset holdings.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 7 million in 2022 from 36 million in 2021 representing a change of -80.95%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 62 million in 2022 from 65 million in 2021 representing a change of -4.35%. This indicates a worsen liquidity position.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 34 million in 2022 from 44 million in 2021 representing a change of -22.1%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 42 million in 2022 from 35 million in 2021 representing a change of 20.94%. This indicates an increase in shareholders' equity.

  Total Current Liabilities: Total Current Liabilities decreased to 33 million in 2022 from 41 million in 2021 representing a change of -20.97%. This indicates a lower short-term debt burden.

  Common Stock: Common Stock increased to 53 in 2022 from 52 in 2021 representing a change of 0.85%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to -11 million in 2022 from -18 million in 2021 representing a change of 34.93%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 2 million in 2022 from 3 million in 2021 representing a change of -55.12%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2022Q4	2022Q3	Q/Q change %
0000000000
total assets	76117865	76117865	0.0
total liabilities	34013719	34013719	0.0
total equity	42104146	42104146	0.0
cash and cash equivalents	6894578	6894578	0.0
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	61751050	61751050	0.0
total non current assets	14366815	14366815	0.0
total current liabilities	32639580	32639580	0.0
total non current liabilities	1374139	0	NaN
common stock	52502403	52502403	0.0
retained earnings	-11425376	-11425376	0.0
total debt	1554094	0	NaN

Overall Score of Quarterly Balance Sheet

0.0 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Debt: Total Debt increased to 2 million in 2022Q4 from 0 million in 2022Q3 representing a change of nan%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0000000000
net change in cash	-29304946	30298301	-196.72
operating cash flow	-26313281	25959906	-201.36
free cash flow	-27981597	24035737	-216.42
capital expenditure	-1668316	-1924169	13.30
depreciation and amortization	1834385	1531692	19.76
deferred income tax	26496445	14381553	84.24
stock based compensation	445169	5341	8234.94
accounts payables	0	0	NaN
inventory	-9863137	-5640875	-74.85
acquisitions net	0	0	NaN
investments in property plant and equipment	-1668316	-1924169	13.30
net cash used for investing activites	-1651816	-1923035	14.10
debt repayment	0	0	NaN
common stock issued	7691758	7691758	0.00
common stock repurchased	-3817	-669825	99.43
dividends paid	-7691758	0	NaN
net cash used provided by financing activities	-2005783	5841471	-134.34
cash at end of period	6894578	36199524	-80.95
accounts receivables	-17078477	-8746019	-95.27
cash at beginning of period	36199524	5901223	513.42

Overall Score of Annual Cashflow Statement

0.12 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -29 million in 2022 from 30 million in 2021 representing a change of -196.72%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to -26 million in 2022 from 26 million in 2021 representing a change of -201.36%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -28 million in 2022 from 24 million in 2021 representing a change of -216.42%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure increased to -2 million in 2022 from -2 million in 2021 representing a change of 13.3%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Deferred Income Tax: Deferred Income Tax increased to 26 million in 2022 from 14 million in 2021 representing a change of 84.24%. This indicates that the company's tax liability for future periods has increased.

  Stock-Based Compensation: Stock-Based Compensation increased to 0 million in 2022 from 0 million in 2021 representing a change of 8234.94%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Dividends Paid: Dividends Paid decreased to -8 million in 2022 from 0 million in 2021 representing a change of nan%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• 📈 Positive Indicators

  Accounts Receivables: Accounts Receivables decreased to -17 million in 2022 from -9 million in 2021 representing a change of -95.27%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2022Q4	2022Q3	Q/Q change %
0000000000
operating cash flow	-79525	-79525	0.0
free cash flow	-226523	-226523	0.0
capital expenditure	-146998	-146998	0.0
depreciation and amortization	455795	455795	0.0
deferred income tax	12515804	12515804	0.0
stock based compensation	222585	222585	0.0
accounts receivables	-12395086	-12395086	0.0
accounts payables	0	0	NaN
inventory	-343303	-343303	0.0
acquisitions net	0	0	NaN
investments in property plant and equipment	-146998	-146998	0.0
net cash used for investing activites	-153744	-153744	0.0
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	-131196	-131196	0.0
net change in cash	-22539	-22539	0.0
cash at end of period	-22539	-22539	0.0
cash at beginning of period	0	0	NaN

Overall Score of Quarterly Cashflow Statement

0.5 out of 1

Detailed Analysis

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

	2023-06-30	2022-06-30	Y/Y change %
FY
calendar year	2022	2021	NaN
revenue per share	0.98	0.63	53.88
net income per share	0.07	0.06	6.18
operating cash flow per share	-0.29	0.28	-201.36
free cash flow per share	-0.31	0.26	-216.42
cash per share	0.08	0.4	-80.95
book value per share	0.46	0.38	20.94
tangible book value per share	0.43	0.36	17.52
shareholders equity per share	0.46	0.38	20.94
interest debt per share	0.02	0.02	-19.91
market cap	39377896.29	36172718.69	8.86
enterprise value	34037412.29	3436040.69	890.60
pe ratio	6.46	6.3	2.52
price to sales ratio	0.44	0.62	-29.25
pocfratio	-1.5	1.39	-207.40
pfcf ratio	-1.41	1.5	-193.51
pb ratio	0.94	1.04	-9.99
ptb ratio	0.94	1.04	-9.99
ev to sales	0.38	0.06	543.76
enterprise value over ebitda	3.27	0.44	649.74
ev to operating cash flow	-1.29	0.13	-1077.30
ev to free cash flow	-1.22	0.14	-950.91
earnings yield	0.15	0.16	-2.46
free cash flow yield	-0.71	0.66	-206.94
debt to equity	0.04	0.06	-34.29
debt to assets	0.02	0.02	-18.07
net debt to ebitda	-0.51	-4.15	87.65
current ratio	1.89	1.56	21.04
interest coverage	497.3	952.22	-47.77
income quality	-4.32	4.52	-195.46
dividend yield	0.2	0	NaN
payout ratio	1.26	0	NaN
sales general and administrative to revenue	0.17	0.38	-55.94
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.04	0.02	94.22
capex to operating cash flow	-0.06	0.07	-185.54
capex to revenue	0.02	0.03	-43.65
capex to depreciation	0.91	1.26	-27.60
stock based compensation to revenue	0.0	0.0	5316.61
graham number	0.83	0.73	13.32
roic	0.14	0.14	-0.50
return on tangible assets	0.08	0.07	11.77
graham net net	0.05	0.09	-50.84
working capital	29111470	23255356	25.18
tangible asset value	38938606	33132448	17.52
net current asset value	27737331	20894759	32.75
invested capital	43478285	37173422	16.96
average receivables	17599172	6117412	187.69
average payables	35718383	23495444	52.02
average inventory	21077675	13577762	55.24
days sales outstanding	100.71	66.15	52.24
days payables outstanding	206.02	474.88	-56.62
days of inventory on hand	168.62	194.97	-13.51
receivables turnover	3.62	5.52	-34.31
payables turnover	1.77	0.77	130.50
inventory turnover	2.16	1.87	15.62
roe	0.14	0.16	-12.21
capex per share	0.02	0.02	-13.30

• ROE:

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 6.46 on 2023-06-30 from 6.30 on 2022-06-30, representing a change of 2.52%. Indicating an increase in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 1.89 on 2023-06-30 from 1.56 on 2022-06-30, representing a change of 21.04%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.04 on 2023-06-30 from 0.06 on 2022-06-30, representing a change of -34.29%. 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

	2023-06-30 Q4	2023-03-31 Q3	Q/Q change %
XTE.AX
calendar year	2022	2022	NaN
revenue per share	0.2	0.2	0.00
net income per share	0.0	0.0	0.00
operating cash flow per share	-0.0	-0.0	0.00
free cash flow per share	-0.0	-0.0	0.00
cash per share	0.07	0.07	0.00
book value per share	0.41	0.41	0.00
tangible book value per share	0.38	0.38	0.00
shareholders equity per share	0.41	0.41	0.00
interest debt per share	0.02	0.0	4592.61
market cap	43880920.79	50514083.23	-13.13
enterprise value	38540436.79	43619505.23	-11.64
pe ratio	502.48	578.44	-13.13
price to sales ratio	2.15	2.47	-13.13
pocfratio	-551.79	-635.2	13.13
pfcf ratio	-193.72	-223.0	13.13
pb ratio	1.04	1.2	-13.13
ptb ratio	1.04	1.2	-13.13
ev to sales	1.88	2.13	-11.64
enterprise value over ebitda	-139.64	-158.04	11.64
ev to operating cash flow	-484.63	-548.5	11.64
ev to free cash flow	-170.14	-192.56	11.64
earnings yield	0.0	0.0	15.12
free cash flow yield	-0.01	-0.0	-15.12
debt to equity	0.04	0	NaN
debt to assets	0.02	0	NaN
net debt to ebitda	19.35	24.98	-22.54
current ratio	1.89	1.89	0.00
interest coverage	-16.56	-16.56	0.00
income quality	-3.64	-3.64	0.00
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.11	0.11	0.00
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.04	0.04	0.00
capex to operating cash flow	-1.85	-1.85	0.00
capex to revenue	0.01	0.01	0.00
capex to depreciation	0.32	0.32	0.00
stock based compensation to revenue	0.01	0.01	0.00
graham number	0.04	0.04	0.00
roic	-0.03	-0.03	3.56
return on tangible assets	0.0	0.0	0.00
graham net net	0.04	0.06	-34.67
working capital	29111470	29111470	0.00
tangible asset value	38938606	38938606	0.00
net current asset value	27737331	27737331	0.00
invested capital	43478285	43478285	0.00
average receivables	26171769.5	15280418.5	71.28
average payables	30084252.5	15695161.5	91.68
average inventory	25736038	25591417.5	0.57
days sales outstanding	108.53	121.76	-10.87
days payables outstanding	178.1	162.7	9.47
days of inventory on hand	145.77	145.77	0.00
receivables turnover	0.83	0.74	12.19
payables turnover	0.51	0.55	-8.65
inventory turnover	0.62	0.62	0.00
roe	0.0	0.0	0.00
capex per share	0.0	0.0	0.00

• Negative

  ROE: Return on Equity (ROE) decreased to 0.00 on 2023-06-30 Q4 from 0.00 on 2023-03-31 Q3, representing a change of 0.00%. Suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 502.48 on 2023-06-30 Q4 from 578.44 on 2023-03-31 Q3, representing a change of -13.13%. Indicating a decrease in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 1.89 on 2023-06-30 Q4 from 1.89 on 2023-03-31 Q3, representing a change of 0.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None