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icetana Limited develops and sells artificial intelligence (AI) assisted video surveillance software using machine learning technology to provide automatic real-time anomalous event detection in the Asia Pacific, North America, Europe, the Middle East, and Africa. The company engages in the development and commercialization of icetana Solution, an AI-assisted video surveillance software using machine learning to provide automated real-time anomalous event detection. It also offers icetana AI safety and security software, icetana AI licence plate recognition (LPR) software, icetana AI facial recognition software, icetana AI analytics software, icetana AI forensic surveillance software, and icetana AI triage agent. The company serves prisons, education, retail, commercial, healthcare, and guarding industries. icetana Limited was incorporated in 2009 and is headquartered in Perth, Australia.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Icetana Ltd is an Australian developer of AI-powered video analytics and behavioural-intelligence software for security and surveillance. Long-term growth may be driven by rising adoption of AI in surveillance, demand for real-time threat detection, and potential recurring revenue from software and cloud services, which could support scalable deployment and wider commercialisation.
Principal risks include intense competition from larger vendors, execution and commercialisation challenges, data-privacy and regulatory constraints, and limited financial resources typical of small-cap technology firms.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Income before tax | -4.32M | -3.55M | -2.57M | -2.84M | -3.67M |
| Minority interest | - | - | -0.05M | 0.07M | -0.07M |
| Net income | -3.66M | -2.91M | -1.95M | -2.06M | -3.04M |
| Selling general administrative | - | 0.15M | 3.54M | 3.27M | 3.70M |
| Selling and marketing expenses | - | 0.25M | 0.17M | 0.30M | 0.23M |
| Gross profit | -2.45M | -1.95M | 2.13M | 1.52M | 1.37M |
| Reconciled depreciation | - | 0.19M | 0.20M | 0.16M | 0.14M |
| Ebit | -4.20M | -3.55M | -2.58M | -3.00M | -3.95M |
| Ebitda | -4.00M | -3.35M | -2.38M | -2.84M | -3.81M |
| Depreciation and amortization | 0.20M | 0.19M | 0.20M | 0.16M | 0.14M |
| Operating income | -4.20M | -3.55M | -2.58M | -2.93M | -3.88M |
| Other operating expenses | 6.67M | 4.38M | 6.28M | 1.48M | 1.19M |
| Interest expense | - | 0.02M | 0.02M | 0.07M | 0.00M |
| Tax provision | - | -0.64M | -0.67M | -0.72M | -0.70M |
| Interest income | - | 0.01M | 0.03M | 0.02M | 0.00M |
| Net interest income | - | -0.01M | 0.03M | 0.02M | 0.00M |
| Income tax expense | -0.66M | 0.64M | -0.67M | -0.72M | -0.70M |
| Total revenue | 2.47M | 1.89M | 3.70M | 1.74M | 1.71M |
| Total operating expenses | 1.76M | 0.54M | 0.97M | 4.53M | 5.32M |
| Cost of revenue | 4.92M | 3.84M | 1.57M | 0.22M | 0.34M |
| Total other income expense net | -0.12M | 0.00M | 0.01M | 0.14M | 0.27M |
| Net income from continuing ops | - | -2.91M | -1.90M | -2.12M | -2.97M |
| Net income applicable to common shares | - | -2.91M | -1.95M | -2.06M | -3.04M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Total assets | 6.64M | 5.37M | 2.68M | 2.39M | 3.13M |
| Intangible assets | - | - | - | - | 0.00M |
| Other current assets | 0.30M | 0.93M | 0.18M | 0.08M | 0.08M |
| Total liab | 2.86M | 2.21M | 1.82M | 1.98M | 1.70M |
| Total stockholder equity | 3.79M | 3.16M | 1.14M | 0.73M | 1.63M |
| Other current liab | 0.34M | 1.60M | 0.40M | 0.25M | 0.32M |
| Common stock | 32.51M | 30.90M | 24.06M | 21.84M | 21.08M |
| Capital stock | - | - | - | 21.84M | 21.08M |
| Retained earnings | -29.64M | -26.13M | -23.02M | -22.76M | -21.32M |
| Other liab | - | - | - | 0.47M | 0.33M |
| Other assets | - | - | 0.00M | - | - |
| Cash | 4.79M | 3.90M | 1.48M | 0.99M | 2.02M |
| Cash and equivalents | - | - | - | - | 2.02M |
| Total current liabilities | 2.32M | 1.80M | 1.45M | 1.50M | 1.38M |
| Current deferred revenue | 1.88M | - | 0.90M | 1.08M | 0.94M |
| Net debt | -4.71M | -3.82M | -1.39M | -0.91M | -1.94M |
| Short term debt | 0.08M | 0.15M | 0.08M | 0.08M | 0.08M |
| Short long term debt total | 0.08M | 0.08M | 0.08M | 0.08M | 0.08M |
| Other stockholder equity | - | - | 0.00M | -0.59M | -1.27M |
| Property plant equipment | - | - | - | 0.18M | 0.05M |
| Total current assets | 6.54M | 5.25M | 2.54M | 2.22M | 3.08M |
| Net tangible assets | - | - | - | 0.73M | 1.63M |
| Net receivables | 1.46M | 0.42M | 0.87M | 0.32M | 0.21M |
| Inventory | - | - | 0.00M | 0.00M | 0.00M |
| Accounts payable | 0.02M | 0.05M | 0.06M | 0.09M | 0.04M |
| Accumulated other comprehensive income | 0.91M | -1.61M | 0.10M | 1.66M | 1.87M |
| Non currrent assets other | - | - | -0.00M | -0.18M | -0.05M |
| Non current assets total | 0.11M | 0.12M | 0.14M | 0.18M | 0.05M |
| Capital lease obligations | - | - | - | 0.08M | 0.08M |
| Long term debt total | - | - | - | - | 0.00M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Investments | - | -0.05M | -0.04M | -0.16M | -0.02M |
| Change to liabilities | - | - | - | 0.27M | 0.13M |
| Total cashflows from investing activities | -0.05M | -0.05M | -0.04M | -0.16M | -0.02M |
| Net borrowings | - | - | - | -0.12M | -0.07M |
| Total cash from financing activities | 3.75M | 4.92M | 2.07M | 0.63M | 2.44M |
| Change to operating activities | - | - | - | 0.01M | 0.12M |
| Net income | -3.66M | -2.91M | -1.95M | -2.06M | -3.04M |
| Change in cash | 0.89M | 2.42M | 0.48M | -1.02M | 0.28M |
| Begin period cash flow | 3.90M | 1.48M | 0.99M | 2.02M | 1.74M |
| End period cash flow | 4.79M | 3.90M | 1.48M | 0.99M | 2.02M |
| Total cash from operating activities | -2.96M | -2.42M | -1.54M | -1.39M | -1.91M |
| Issuance of capital stock | - | 5.24M | 2.29M | 0.77M | 2.70M |
| Depreciation | 0.20M | 0.19M | 0.20M | 0.16M | 0.14M |
| Other cashflows from investing activities | - | - | - | 0.00M | 0.00M |
| Change to inventory | - | 0.01M | -0.00M | -0.01M | -0.03M |
| Change to account receivables | -0.32M | -0.27M | 0.12M | -0.12M | 0.12M |
| Sale purchase of stock | - | -0.15M | -0.06M | -0.02M | -0.19M |
| Other cashflows from financing activities | -0.16M | -0.72M | -0.16M | -0.12M | -0.07M |
| Change to netincome | - | - | - | 0.35M | 0.66M |
| Capital expenditures | 0.05M | 0.05M | 0.04M | 0.16M | 0.02M |
| Change in working capital | 0.25M | -0.40M | -0.04M | -0.12M | 0.09M |
| Stock based compensation | - | 0.14M | - | 0.45M | 0.75M |
| Other non cash items | 0.25M | 0.56M | 0.25M | 0.50M | 0.99M |
| Free cash flow | -3.01M | -2.47M | -1.58M | -1.56M | -1.93M |
Sector: Technology Industry: Software - Application
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| ICE Icetana Ltd |
- -% |
0.04 | - | - | 12.08 | 8.60 | 11.26 | -1.24 |
| WTC Wisetech Global Ltd |
-0.55 1.17% |
46.59 | 56.76 | 27.86 | 10.80 | 5.09 | 8.44 | 29.47 |
| XRO Xero Ltd |
4.31 6.08% |
75.17 | - | 57.14 | 4.53 | 2.46 | 4.90 | 15.19 |
| TNE Technology One Ltd |
-0.70 2.13% |
32.16 | 77.12 | 53.48 | 17.20 | 24.08 | 16.02 | 36.25 |
| ALU Alurion Resources Limited |
-0.02 5.13% |
0.37 | 84.36 | 57.14 | 31.93 | 18.58 | 20.12 | 56.92 |
icetana Limited develops and sells artificial intelligence (AI) assisted video surveillance software using machine learning technology to provide automatic real-time anomalous event detection in the Asia Pacific, North America, Europe, the Middle East, and Africa. The company engages in the development and commercialization of icetana Solution, an AI-assisted video surveillance software using machine learning to provide automated real-time anomalous event detection. It also offers icetana AI safety and security software, icetana AI licence plate recognition (LPR) software, icetana AI facial recognition software, icetana AI analytics software, icetana AI forensic surveillance software, and icetana AI triage agent. The company serves prisons, education, retail, commercial, healthcare, and guarding industries. icetana Limited was incorporated in 2009 and is headquartered in Perth, Australia.
| Name | Title | Year Born |
|---|---|---|
| Mr. Matthew MaCFArlane | MD, CEO, Regional Lead of APAC & Director | NA |
| Mr. Rafael Kimberley-Bowen | CFO & Company Sec. | NA |
| Mr. Kevin Brown | Chief Operating Officer | NA |
| Mr. Kevin Brown | Chief Executive Officer | NA |
| Mr. Rafael Kimberley-Bowen | CFO & Company Secretary | NA |
| Matt James | Chief Technology Officer | NA |
| Mr. Kevin Brown | Chief Executive Officer | NA |
| Mr. Rafael Kimberley-Bowen | CFO & Company Secretary | NA |
| Matt James | Chief Technology Officer | NA |
| Mr. Kevin Brown | Chief Executive Officer | NA |
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