Stock Analysis

ASX Penny Stocks To Consider In April 2025

ASX:SLX
Source: Shutterstock

The Australian stock market has shown resilience, with the ASX200 closing up 0.92% at 8,070 points, driven by strong performances in the Energy and Utilities sectors. In this context, penny stocks—often seen as an entry point for investors seeking affordable growth opportunities—remain relevant despite their somewhat outdated label. These smaller or newer companies can offer a blend of value and potential when they possess robust financial health; we'll explore several that stand out in today's market landscape.

Top 10 Penny Stocks In Australia

NameShare PriceMarket CapRewards & Risks
CTI Logistics (ASX:CLX)A$1.66A$133.7M✅ 4 ⚠️ 2 View Analysis >
Accent Group (ASX:AX1)A$1.84A$1.04B✅ 4 ⚠️ 2 View Analysis >
EZZ Life Science Holdings (ASX:EZZ)A$1.38A$65.1M✅ 4 ⚠️ 2 View Analysis >
IVE Group (ASX:IGL)A$2.59A$399.33M✅ 4 ⚠️ 2 View Analysis >
GTN (ASX:GTN)A$0.62A$119.22M✅ 3 ⚠️ 2 View Analysis >
Bisalloy Steel Group (ASX:BIS)A$3.38A$160.38M✅ 3 ⚠️ 1 View Analysis >
Regal Partners (ASX:RPL)A$1.895A$637.03M✅ 4 ⚠️ 3 View Analysis >
Navigator Global Investments (ASX:NGI)A$1.725A$845.39M✅ 5 ⚠️ 3 View Analysis >
NRW Holdings (ASX:NWH)A$2.68A$1.23B✅ 5 ⚠️ 1 View Analysis >
LaserBond (ASX:LBL)A$0.375A$44.12M✅ 3 ⚠️ 2 View Analysis >

Click here to see the full list of 988 stocks from our ASX Penny Stocks screener.

Let's review some notable picks from our screened stocks.

Ridley (ASX:RIC)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Ridley Corporation Limited, with a market cap of A$760.35 million, operates in Australia providing animal nutrition solutions through its subsidiaries.

Operations: The company's revenue is derived from two main segments: Bulk Stockfeeds, contributing A$894.26 million, and Packaged/Ingredients, which accounts for A$389.70 million.

Market Cap: A$760.35M

Ridley Corporation Limited, with a market cap of A$760.35 million, is trading at 57.9% below its estimated fair value and shows satisfactory debt levels with a net debt to equity ratio of 21%. Despite negative earnings growth over the past year, Ridley's earnings are forecasted to grow by 10.64% annually. The company has experienced management and board teams, each averaging over three years in tenure. Recent financial results indicate stable revenue growth and consistent profitability, with sales reaching A$658.85 million for the half-year ending December 31, 2024. However, its dividend history remains unstable despite recent increases.

ASX:RIC Revenue & Expenses Breakdown as at Apr 2025
ASX:RIC Revenue & Expenses Breakdown as at Apr 2025

Silex Systems (ASX:SLX)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Silex Systems Limited is a technology commercialization company focused on the research, development, and licensing of SILEX laser enrichment technology across Australia, the United States, and the United Kingdom, with a market cap of A$714.31 million.

Operations: The company's revenue is derived from two segments: Translucent, contributing A$2.40 million, and Silex Systems, generating A$7.61 million.

Market Cap: A$714.31M

Silex Systems Limited, with a market cap of A$714.31 million, is unprofitable but has demonstrated revenue growth in its recent earnings report, increasing sales to A$4 million for the half-year ending December 31, 2024. Despite rising net losses of A$18.06 million compared to the previous year, Silex maintains a robust financial position with short-term assets significantly exceeding both short-term and long-term liabilities. The company benefits from an experienced management team and board of directors while remaining debt-free and possessing a cash runway extending over three years due to positive free cash flow growth.

ASX:SLX Financial Position Analysis as at Apr 2025
ASX:SLX Financial Position Analysis as at Apr 2025

Web Travel Group (ASX:WEB)

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Web Travel Group Limited offers online travel booking services across Australia, New Zealand, the United Arab Emirates, the United Kingdom, and internationally, with a market cap of A$1.55 billion.

Operations: The company generates revenue primarily through its Business to Business Travel (B2B) segment, which accounts for A$323.2 million.

Market Cap: A$1.55B

Web Travel Group, with a market cap of A$1.55 billion, has demonstrated robust financial health and growth potential. The company has achieved significant earnings growth of 63% over the past year, surpassing both its five-year average and industry benchmarks. Its strong financial position is underscored by more cash than total debt, high interest coverage (93.3x), and ample short-term assets to cover liabilities. Recent share buybacks totaling A$150 million suggest confidence in its valuation, which trades slightly below estimated fair value. However, a low return on equity (10.5%) highlights room for improvement in capital efficiency despite stable profitability margins improving to 16%.

ASX:WEB Financial Position Analysis as at Apr 2025
ASX:WEB Financial Position Analysis as at Apr 2025

Turning Ideas Into Actions

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.

If you're looking to trade Silex Systems, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.

With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.

Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.

Sponsored Content

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

About ASX:SLX

Silex Systems

A technology commercialization company, engages in the research and development, commercialization, and license of SILEX laser enrichment technology in Australia, the United States, and the United Kingdom.

Flawless balance sheet minimal.