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Yahoo
39 minutes ago
- Yahoo
3 ASX Penny Stocks With Market Caps Up To A$700M
Australian shares have recently experienced a slight decline, reflecting cautious investor sentiment amid a backdrop of previous strong advances and upcoming key financial reports. For those willing to explore beyond the established giants, penny stocks—often representing smaller or newer companies—remain an intriguing investment area. Despite their vintage label, these stocks can offer surprising value and growth potential when backed by solid financial fundamentals. Top 10 Penny Stocks In Australia Name Share Price Market Cap Financial Health Rating Alfabs Australia (ASX:AAL) A$0.445 A$127.53M ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$2.39 A$112.74M ★★★★★★ GTN (ASX:GTN) A$0.405 A$77.22M ★★★★★★ IVE Group (ASX:IGL) A$2.99 A$461M ★★★★★☆ West African Resources (ASX:WAF) A$2.77 A$3.16B ★★★★★★ Regal Partners (ASX:RPL) A$3.12 A$1.05B ★★★★★★ Bravura Solutions (ASX:BVS) A$1.925 A$862.98M ★★★★★★ Austco Healthcare (ASX:AHC) A$0.37 A$135.23M ★★★★★★ Bisalloy Steel Group (ASX:BIS) A$4.62 A$219.22M ★★★★★★ CTI Logistics (ASX:CLX) A$1.82 A$146.59M ★★★★☆☆ Click here to see the full list of 451 stocks from our ASX Penny Stocks screener. We'll examine a selection from our screener results. Chalice Mining Simply Wall St Financial Health Rating: ★★★★★★ Overview: Chalice Mining Limited is a mineral exploration and evaluation company with a market capitalization of approximately A$657.59 million. Operations: Currently, there are no reported revenue segments for this mineral exploration and evaluation company. Market Cap: A$657.59M Chalice Mining, with a market cap of approximately A$657.59 million, is a pre-revenue company in the mineral exploration sector. Despite being unprofitable and having increased losses over the past five years, it remains debt-free and has not meaningfully diluted shareholders recently. The company benefits from an experienced board and management team, maintaining sufficient cash runway for over three years based on current free cash flow levels. While revenue growth is forecasted at 53.44% annually, profitability isn't expected within the next three years. Short-term assets significantly exceed liabilities, providing some financial stability amidst high volatility. Click to explore a detailed breakdown of our findings in Chalice Mining's financial health report. Assess Chalice Mining's future earnings estimates with our detailed growth reports. IPD Group Simply Wall St Financial Health Rating: ★★★★★☆ Overview: IPD Group Limited is an Australian company that distributes electrical infrastructure, with a market cap of A$386.78 million. Operations: The company generates revenue from its Products Division, which accounts for A$325.32 million, and its Services Division, contributing A$21.30 million. Market Cap: A$386.78M IPD Group, with a market cap of A$386.78 million, demonstrates financial stability through its substantial revenue streams from both Products (A$325.32 million) and Services Divisions (A$21.30 million). The company's short-term assets of A$171.7 million comfortably cover both short-term and long-term liabilities, enhancing its liquidity position. IPD's debt is well-managed, with operating cash flow covering 125% of it, while interest payments are adequately covered by EBIT at 20.8 times over. Earnings have shown impressive growth at 48.7% in the past year and are projected to continue growing annually by 4.86%, although Return on Equity remains low at 16.5%. Navigate through the intricacies of IPD Group with our comprehensive balance sheet health report here. Gain insights into IPD Group's future direction by reviewing our growth report. Retail Food Group Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Retail Food Group Limited is a food and beverage company that manages a multi-brand retail food and beverage franchise both in Australia and internationally, with a market cap of A$138.45 million. Operations: The company's revenue is derived from two primary segments: QSR Systems, contributing A$17.34 million, and Café, Coffee & Bakery, generating A$126.53 million. Market Cap: A$138.45M Retail Food Group, with a market cap of A$138.45 million, has recently achieved profitability, marking a significant turnaround. The company's revenue is primarily driven by its Café, Coffee & Bakery segment (A$126.53 million) and QSR Systems (A$17.34 million). Despite a low Return on Equity at 4.1%, the company trades at 70.4% below its estimated fair value and maintains satisfactory net debt to equity at 1.6%. While short-term assets cover short-term liabilities comfortably, they fall short against long-term liabilities. Debt management is robust with operating cash flow covering 78.4% of debt obligations effectively. Click here to discover the nuances of Retail Food Group with our detailed analytical financial health report. Explore Retail Food Group's analyst forecasts in our growth report. Seize The Opportunity Investigate our full lineup of 451 ASX Penny Stocks right here. Curious About Other Options? Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:CHN ASX:IPG and ASX:RFG. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
39 minutes ago
- Yahoo
Google slugged $55m over Telstra, Optus deal
Tech giant Google has agreed to pay a $55m fine for a deal with Australia's major telcos aimed at reducing search competition. According to the ACCC, the deal involved Telstra and Optus pre-installing only Google Search on Android phones the telcos sold to consumers. In return, Telstra and Optus would receive a share of the revenue generated from ads displayed to consumers via Google Search on these devices. The ACCC said by pre-installing Google Search engines on these devices, the telcos and tech giant engaged in anticompetitive business practices. The ACCC said the breaches in competition laws occurred between December 2019 and March 2021. Google admitted that this relationship with the telcos substantially lessened competition, the ACCC said. The proceedings started on Monday in the Federal Court, with Google admitting liability and agreeing to pay $55m. 'Conduct that restricts competition is illegal in Australia because it usually means less choice, higher costs or worse service for consumers,," ACCC chair Gina Cass-Gottlieb said. Telstra, Optus and TPG last year agreed with the ACCC not to enter into new search exclusive deals with Google. 'Today's outcome, along with Telstra, Optus and TPG's undertakings, have created the potential for millions of Australians to have greater search choice in the future and for competing search providers to gain meaningful exposure to Australian consumers,' Ms Cass-Gottlieb said. The three telcos could configure search services on a device-by-device basis and in ways that may not align with Google settings, the ACCC said. It said Google didn't agree with all of the ACCC's concerns but gave an undertaking to address them.
Yahoo
an hour ago
- Yahoo
Aldi reveals ‘small details' that make shop cheaper than Coles, Woolworths
German discount giant Aldi has been growing in popularity amongst Australian shoppers and has been heralded as a cheaper alternative to the major players Coles and Woolworths. Now, the supermarket has revealed the small details that allow it to get the edge on competitors. Aldi was recently crowned Australia's best supermarket by shoppers in Canstar Blue's annual Supermarket Satisfaction Ratings for the eighth year in a row. It's also consistently beaten out Coles and Woolworths in CHOICE's government-funding shopping basket price comparison. Aldi Australia group director Simon Padovani-Ginies told Yahoo Finance the supermarket 'won't be beaten on the cost of your weekly shop'. He said the store's lower prices were achieved through 'fine-tuning even the smallest of details'. RELATED Costco reveals new Aussie warehouse as it competes with Coles, Woolworths Centrelink reveals 'common misconception' about $1,732 pension payment Major retirement mistake millions of Aussies are making So what does Aldi do differently from the big supermarkets? The supermarket revealed it starts the moment customers walk in the door. 'To grab a trolley, you pop in a gold coin or one of our famous trolley tokens,' an Aldi spokesperson said. 'This simple system encourages shoppers to return their trolleys so fewer replacements are needed and the team spend less time collecting them.' Woolworths and Coles also install coin locks on trolleys for a variety of reasons, including council requirements, but these are reviewed on a case-by-case basis rather than being applied across the inside, Aldi said the stores themselves had been set up to help keep its prices low. 'Every store is designed around the same familiar layout – about half the size of other supermarkets. That means lower overheads and a smoother shopping experience,' the spokesperson told Yahoo Finance. Woolworths and Coles, for instance, offer between 20,000 and 25,000 products, while Aldi Australia has just 1,800 items that customers can choose from. 'You'll also notice clever touches like digital price tags, oversized barcodes that make checkout faster, and packing benches so you can bag your groceries your way,' the spokesperson said. 'By sticking to this streamlined approach, ALDI can keep offering top-quality products at the lowest possible prices – delivering exceptional value to customers every day.' Aldi national buying managing director Jordan Lack previously told the ACCC's supermarket inquiry the supermarket also does not employ as many people as Coles and Woolies. They also don't operate in Tasmania or the Northern Territory, or offer online shopping for customers. The German chain also notably doesn't play music at its stores, which APRA AMCOS estimated could be saving it around $230 to $1,600 per year per supermarket. New shopping trends emerge as cost-of-living pressures continue Canstar Blue research found grocery spending had increased to $240 per week for the average household of four, up 11 per cent compared to the previous year. Shopping around and visiting more than one supermarket is now becoming increasingly common, with 61 per cent of shoppers visiting two or more stores each week to complete their shop. Canstar Blue spokesperson Eden Radford told Yahoo Finance shoppers were paying more attention to their spending to combat higher costs at the register. 'More than 80 per cent have changed how they shop, whether by looking at unit prices, buying marked-down products, choosing in-season fruit and vegetables, or swapping to frozen instead,' she said. The survey of 2,800 people found consistently low prices was the most important thing most shoppers wanted, across all products, not just specials. CHOICE's most recent price comparison found a 25 per cent difference between Aldi and IGA for the same 14 item basket of goods, and a smaller 6 and 7 per cent difference beetween Aldi and Woolworths and Coles respectively. Coles and Woolworths control about 67 per cent of the Australian grocery market, while Aldi has about 9 per cent and Metcash 7 per cent.
