3 ASX Penny Stocks With Market Caps Larger Than A$30M

Simply Wall St.2024-12-09

The Australian market has recently faced challenges, with the ASX200 dipping slightly and sectors like energy and financials underperforming due to falling commodity prices and economic concerns. In ...

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In ...</p>\n\n<a href=\"https://finance.yahoo.com/news/3-asx-penny-stocks-market-040805476.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7064","symbol_name":"综合支持服务","start_time":0,"source_url":"https://finance.yahoo.com/news/3-asx-penny-stocks-market-040805476.html","article_id":"2490792571","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Nfz5wAhClXK3VMdDWSwWPw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/8e5b7feff946a5236949391477b36a92"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490792571","pubTimestamp":1733717285,"columns":[],"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"The Australian market has recently faced challenges, with the ASX200 dipping slightly and sectors like energy and financials underperforming due to falling commodity prices and economic concerns. In such a climate, investors often seek opportunities that balance potential growth with manageable risk, making penny stocks an intriguing option. Although considered a somewhat outdated term, penny stocks still represent affordable entry points into smaller or newer companies that may offer growth potential when backed by strong financial health.Overview: ImpediMed Limited is a medical technology company that manufactures and sells bioimpedance spectroscopy  technology medical devices in the United States and Europe, with a market cap of A$109.27 million.Li-S Energy Limited, with a market cap of A$92.25 million, is pre-revenue and currently unprofitable. The company benefits from having no debt and suffi","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7064":"综合支持服务","NGI.AU":"NAVIGATOR GLOBAL INVESTMENTS","SHA.AU":"SHAPE AUSTRALIA PTY LTD","IPD.AU":"IMPEDIMED LTD","BK7055":"建筑与工程","BIS.AU":"BISALLOY STEEL GROUP LTD","BK7077":"建筑机械与重型卡车","BK7164":"房地产运营公司","BK7096":"制药","ANG.AU":"AUSTIN ENGINEERING LTD","LBL.AU":"LASERBOND LTD","BK7062":"资产管理与托管银行","EVO.AU":"EMBARK EARLY EDUCATION LTD","BK7132":"教育服务","MXI.AU":"MaxiParts Limited","BK7129":"钢铁","XAO.AU":"标普/澳交所 普通股指数","BK7133":"房地产经营公司","XJO.AU":"标普/澳交所 200指数","BK7070":"酒店、度假村与豪华游轮","BRI.AU":"BIG RIVER INDUSTRIES LTD","BK7114":"林业产品","XKO.AU":"标普/澳交所 300指数","STG.AU":"STRAKER LTD","SRV.AU":"SERVCORP LIMITED","BK7007":"医疗保健设备","BK7023":"电气部件与设备","VLS.AU":"VITA LIFE SCIENCES LTD","LIS.AU":"LI-S ENERGY LTD","BIS":"ProShares UltraShort Nasdaq Biotechnology","HLO.AU":"Helloworld Travel Ltd","BK7088":"工业机械","BK7509":"中概股"},"translate_title":"3只市值超过3000万澳元的ASX细价股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHA.AU":1,"BRI.AU":1,"EVO.AU":1,"HLO.AU":1,"LBL.AU":1,"LIS.AU":1,"MXI.AU":1,"NGI.AU":1,"SRV.AU":1,"STG.AU":1,"VLS.AU":1,"ANG.AU":1,"BIS.AU":1,"BIS":1,"IPD.AU":0.9,"XKO.AU":0.76,"XAO.AU":0.76,"XJO.AU":0.76},"content_text":"The Australian market has recently faced challenges, with the ASX200 dipping slightly and sectors like energy and financials underperforming due to falling commodity prices and economic concerns. In such a climate, investors often seek opportunities that balance potential growth with manageable risk, making penny stocks an intriguing option. Although considered a somewhat outdated term, penny stocks still represent affordable entry points into smaller or newer companies that may offer growth potential when backed by strong financial health.\nTop 10 Penny Stocks In Australia\n\n\n\nName\nShare Price\nMarket Cap\nFinancial Health Rating\n\n\nEmbark Early Education (ASX:EVO)\nA$0.785\nA$144.03M\n★★★★☆☆\n\n\nLaserBond (ASX:LBL)\nA$0.56\nA$65.64M\n★★★★★★\n\n\nHelloworld Travel (ASX:HLO)\nA$2.03\nA$330.52M\n★★★★★★\n\n\nAustin Engineering (ASX:ANG)\nA$0.52\nA$322.48M\n★★★★★☆\n\n\nMaxiPARTS (ASX:MXI)\nA$1.70\nA$94.04M\n★★★★★★\n\n\nNavigator Global Investments (ASX:NGI)\nA$1.595\nA$781.68M\n★★★★★☆\n\n\nSHAPE Australia (ASX:SHA)\nA$2.86\nA$237.13M\n★★★★★★\n\n\nVita Life Sciences (ASX:VLS)\nA$2.04\nA$114.72M\n★★★★★★\n\n\nBig River Industries (ASX:BRI)\nA$1.32\nA$112.7M\n★★★★★☆\n\n\nServcorp (ASX:SRV)\nA$4.90\nA$483.46M\n★★★★☆☆\n\n\n\nClick here to see the full list of 1,046 stocks from our ASX Penny Stocks screener.\nHere's a peek at a few of the choices from the screener.\nImpediMed\nSimply Wall St Financial Health Rating: ★★★★★★\nOverview: ImpediMed Limited is a medical technology company that manufactures and sells bioimpedance spectroscopy (BIS) technology medical devices in the United States and Europe, with a market cap of A$109.27 million.\nOperations: The company generates revenue from its medical segment, amounting to A$10.32 million.\nMarket Cap: A$109.27M\nImpediMed Limited, with a market cap of A$109.27 million, operates in the medical technology sector and generates revenue of A$10.32 million from its medical segment. The company is debt-free and has sufficient cash runway for over a year based on current free cash flow levels. Despite being unprofitable, ImpediMed has managed to reduce losses by 3.2% annually over the past five years and forecasts earnings growth of 67.52% per year. However, both its board and management team are relatively new, with average tenures of 1.3 years and 1 year respectively, which may impact strategic continuity.\n\nTake a closer look at ImpediMed's potential here in our financial health report.\nExplore ImpediMed's analyst forecasts in our growth report.\n\n\n\n\n  ASX:IPD Financial Position Analysis as at Dec 2024\n \n\nLi-S Energy\nSimply Wall St Financial Health Rating: ★★★★★★\nOverview: Li-S Energy Limited focuses on developing and commercializing lithium sulphur and metal batteries in Australia, with a market capitalization of A$92.25 million.\nOperations: Currently, there are no revenue segments reported for Li-S Energy Limited.\nMarket Cap: A$92.25M\nLi-S Energy Limited, with a market cap of A$92.25 million, is pre-revenue and currently unprofitable. The company benefits from having no debt and sufficient cash runway for over a year based on its current free cash flow. Its short-term assets significantly exceed both short- and long-term liabilities, indicating strong liquidity. However, the stock has experienced high volatility recently, which may concern potential investors. The management team is relatively experienced with an average tenure of 2.8 years, but the board is newer with only 1.4 years average tenure per member. Recent board changes include electing Marc Fenton as a director in November 2024.\n\nUnlock comprehensive insights into our analysis of Li-S Energy stock in this financial health report.\nReview our historical performance report to gain insights into Li-S Energy's track record.\n\n\n\n\n  ASX:LIS Debt to Equity History and Analysis as at Dec 2024\n \n\nStraker\nSimply Wall St Financial Health Rating: ★★★★★★\nOverview: Straker Limited, along with its subsidiaries, provides language services and technology solutions across the Asia Pacific, Europe, the Middle East, Africa, and North America with a market cap of A$36.99 million.\nOperations: The company generates NZ$47.23 million in revenue from its business services segment.\nMarket Cap: A$37M\nStraker Limited, with a market cap of A$36.99 million, faces challenges as it reported a net loss of NZ$5.33 million for the half-year ending September 2024 and anticipates lower revenue in fiscal year 2025 due to contract non-renewals in Europe. Despite being unprofitable, Straker is debt-free and maintains a positive cash flow runway exceeding three years, supported by short-term assets covering liabilities comfortably. The management team is seasoned with an average tenure of nearly 12 years. However, the stock's high volatility may present risks for investors considering exposure to this segment of the market.\n\nClick here and access our complete financial health analysis report to understand the dynamics of Straker.\nExamine Straker's earnings growth report to understand how analysts expect it to perform.\n\n\n\n\n  ASX:STG Revenue & Expenses Breakdown as at Dec 2024\n \n\nTurning Ideas Into Actions\n\nJump into our full catalog of 1,046  ASX Penny Stocks here.\nAlready own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.\nEnhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.\n\nCurious About Other Options?\n\nExplore high-performing small cap companies that haven't yet garnered significant analyst attention.\nJump on the AI train with fast growing tech companies forging a new era of innovation.\nFind companies with promising cash flow potential yet trading below their fair value.\n\n 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.\nCompanies discussed in this article include ASX:IPD ASX:LIS and ASX:STG.\nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490792571"}