Australian shares are currently navigating uncertain waters, with the ASX 200 futures indicating a flat open amid mixed global economic signals and recent market fluctuations. Despite these broader market challenges, there remains potential in certain segments of the stock market that can offer unique opportunities for investors. Penny stocks, often representing smaller or newer companies, continue to be an area of interest due to their potential for growth at lower price points. While the term may seem outdated, these stocks can still provide significant value when backed by strong financials and solid fundamentals.
Top 10 Penny Stocks In Australia
| Name | Share Price | Market Cap | Rewards & Risks |
| Alfabs Australia (ASX:AAL) | A$0.49 | A$140.43M | ✅ 4 ⚠️ 3 View Analysis > |
| Dusk Group (ASX:DSK) | A$0.80 | A$49.81M | ✅ 4 ⚠️ 2 View Analysis > |
| IVE Group (ASX:IGL) | A$2.74 | A$422.76M | ✅ 4 ⚠️ 3 View Analysis > |
| MotorCycle Holdings (ASX:MTO) | A$3.25 | A$239.87M | ✅ 4 ⚠️ 2 View Analysis > |
| Pureprofile (ASX:PPL) | A$0.044 | A$51.47M | ✅ 3 ⚠️ 1 View Analysis > |
| Veris (ASX:VRS) | A$0.075 | A$38.83M | ✅ 4 ⚠️ 2 View Analysis > |
| West African Resources (ASX:WAF) | A$3.04 | A$3.47B | ✅ 4 ⚠️ 1 View Analysis > |
| Southern Cross Electrical Engineering (ASX:SXE) | A$2.03 | A$539.19M | ✅ 4 ⚠️ 1 View Analysis > |
| Praemium (ASX:PPS) | A$0.77 | A$367.84M | ✅ 5 ⚠️ 2 View Analysis > |
| Service Stream (ASX:SSM) | A$2.33 | A$1.43B | ✅ 3 ⚠️ 1 View Analysis > |
Click here to see the full list of 425 stocks from our ASX Penny Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Aura Energy (ASX:AEE)
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Aura Energy Limited, along with its subsidiaries, is engaged in the exploration and evaluation of mineral properties in Mauritania and Sweden, with a market cap of A$245.05 million.
Operations: Aura Energy Limited has not reported any revenue segments.
Market Cap: A$245.05M
Aura Energy is a pre-revenue company with a market cap of A$245.05 million, primarily focused on mineral exploration in Mauritania and Sweden. Recent developments include significant agreements for uranium sales from its Tiris project, although these are contingent on securing financing and making a final investment decision by the end of 2025. The company has no debt but faces going concern doubts due to less than one year of cash runway and increasing losses, which were A$15.15 million for the last fiscal year. Board appointments aim to bolster strategic capabilities as Aura navigates its developmental phase.
- Click to explore a detailed breakdown of our findings in Aura Energy's financial health report.
- Examine Aura Energy's earnings growth report to understand how analysts expect it to perform.
Bravura Solutions (ASX:BVS)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Bravura Solutions Limited offers software solutions for the wealth management and transfer agency sectors across Australia, the United Kingdom, New Zealand, and internationally, with a market cap of A$1.14 billion.
Operations: Bravura Solutions generates revenue from two main geographical segments: APAC with A$72.63 million and EMEA with A$186.07 million.
Market Cap: A$1.14B
Bravura Solutions, with a market cap of A$1.14 billion, has recently been added to the S&P/ASX 300 and Small Ordinaries Indexes. The company reported strong financial performance for the year ending June 2025, with revenue reaching A$312.97 million and net income surging to A$74.23 million from A$8.78 million the previous year. Despite having an inexperienced board and management team, Bravura remains debt-free with short-term assets exceeding liabilities by a significant margin. Its Price-To-Earnings ratio is below the Australian market average, indicating potential value for investors seeking exposure in this sector without immediate debt concerns.
- Click here and access our complete financial health analysis report to understand the dynamics of Bravura Solutions.
- Understand Bravura Solutions' earnings outlook by examining our growth report.
Shriro Holdings (ASX:SHM)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Shriro Holdings Limited manufactures, markets, and distributes consumer products across Australia, New Zealand, the United States, China, and internationally with a market cap of A$56.86 million.
Operations: The company's revenue is primarily generated from Australia (A$58.35 million) and New Zealand (A$39.45 million), with additional contributions from the Rest of the World (A$5.54 million).
Market Cap: A$56.86M
Shriro Holdings, with a market cap of A$56.86 million, remains debt-free and boasts a high Return on Equity of 20.2%. Despite a decline in earnings over the past five years, recent results show improvement with net income rising to A$7.52 million from A$6.91 million the previous year, and profit margins increasing to 7.3%. The company's short-term assets significantly exceed both its short- and long-term liabilities, ensuring financial stability. Trading at 58.4% below estimated fair value offers potential for investors interested in penny stocks within the consumer durables sector while maintaining stable weekly volatility levels.
- Take a closer look at Shriro Holdings' potential here in our financial health report.
- Assess Shriro Holdings' previous results with our detailed historical performance reports.
Taking Advantage
- Navigate through the entire inventory of 425 ASX Penny Stocks here.
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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.
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