As Australian shares show a modest rise, attention remains on earnings and how they impact market dynamics. Amidst this backdrop, penny stocks—though an older term—continue to represent intriguing opportunities for investors seeking growth at lower price points. By identifying those with strong financial health and potential for long-term growth, investors can uncover hidden gems in the market.
Top 10 Penny Stocks In Australia
| Name | Share Price | Market Cap | Rewards & Risks |
| Alfabs Australia (ASX:AAL) | A$0.44 | A$126.1M | ✅ 4 ⚠️ 3 View Analysis > |
| EZZ Life Science Holdings (ASX:EZZ) | A$2.47 | A$116.52M | ✅ 4 ⚠️ 2 View Analysis > |
| IVE Group (ASX:IGL) | A$2.75 | A$424M | ✅ 4 ⚠️ 2 View Analysis > |
| Veris (ASX:VRS) | A$0.071 | A$36.76M | ✅ 4 ⚠️ 2 View Analysis > |
| SHAPE Australia (ASX:SHA) | A$4.18 | A$344.2M | ✅ 3 ⚠️ 1 View Analysis > |
| West African Resources (ASX:WAF) | A$3.04 | A$3.47B | ✅ 4 ⚠️ 1 View Analysis > |
| Bravura Solutions (ASX:BVS) | A$2.27 | A$1.02B | ✅ 3 ⚠️ 3 View Analysis > |
| Praemium (ASX:PPS) | A$0.735 | A$351.48M | ✅ 5 ⚠️ 2 View Analysis > |
| MaxiPARTS (ASX:MXI) | A$2.46 | A$136.39M | ✅ 3 ⚠️ 2 View Analysis > |
| CTI Logistics (ASX:CLX) | A$1.865 | A$150.22M | ✅ 4 ⚠️ 2 View Analysis > |
Click here to see the full list of 444 stocks from our ASX Penny Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Aura Energy (ASX:AEE)
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Aura Energy Limited, along with its subsidiaries, focuses on the exploration and evaluation of mineral properties in Mauritania and Sweden, with a market capitalization of A$155.17 million.
Operations: Aura Energy Limited does not currently report any revenue segments.
Market Cap: A$155.17M
Aura Energy, with a market cap of A$155.17 million, is pre-revenue and debt-free, positioning itself strategically in the uranium sector. Recent agreements for uranium oxide concentrate from its Tiris Project in Mauritania highlight potential future revenue streams. These include a long-term offtake agreement with a Fortune 500 US nuclear utility and a spot sales agreement with a global uranium trading group. The company has strengthened its board by appointing Ousmane Mamoudou Kane and Philip Mitchell to accelerate project development. Aura's strategic moves in Sweden could also enhance its position amid growing interest in domestic uranium production.
- Unlock comprehensive insights into our analysis of Aura Energy stock in this financial health report.
- Learn about Aura Energy's future growth trajectory here.
Bravura Solutions (ASX:BVS)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Bravura Solutions Limited is a company that develops, licenses, and maintains software applications for wealth management and funds administration across Australia, the United Kingdom, New Zealand, and internationally, with a market cap of A$1.02 billion.
Operations: The company's revenue is primarily derived from two geographical segments: A$72.63 million from the Asia-Pacific region and A$186.07 million from Europe, the Middle East, and Africa.
Market Cap: A$1.02B
Bravura Solutions, with a market cap of A$1.02 billion, has demonstrated significant financial growth, reporting a net income of A$74.23 million for the year ending June 30, 2025—an increase from A$8.78 million the previous year. The company's short-term assets surpass both its long-term and short-term liabilities, indicating strong liquidity. Despite an outstanding return on equity at 79.3%, recent insider selling and an inexperienced management team raise concerns about stability and leadership continuity. While Bravura's earnings surged by over seven times last year, future earnings are forecasted to decline by an average of 5.5% annually over the next three years.
- Jump into the full analysis health report here for a deeper understanding of Bravura Solutions.
- Understand Bravura Solutions' earnings outlook by examining our growth report.
Macmahon Holdings (ASX:MAH)
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Macmahon Holdings Limited offers surface and underground mining services, along with mining support and civil infrastructure solutions, to clients in Australia and Southeast Asia, with a market cap of A$917.31 million.
Operations: The company's revenue is primarily derived from its Mining segment, which accounts for A$1.97 billion, followed by the Civil segment generating A$436.97 million.
Market Cap: A$917.31M
Macmahon Holdings, with a market cap of A$917.31 million, has shown robust earnings growth of 38.9% over the past year, outpacing the industry average. The company's financial health is supported by strong liquidity, as short-term assets exceed both long and short-term liabilities. Despite a low return on equity at 10.7%, Macmahon's debt is well-covered by operating cash flow and interest payments are adequately managed with EBIT coverage of 4.4x. Recent announcements include increased revenue guidance to A$2.6 billion–A$2.8 billion for 2026 and a dividend policy targeting payouts between 30%-45% of underlying earnings per share.
- Navigate through the intricacies of Macmahon Holdings with our comprehensive balance sheet health report here.
- Review our growth performance report to gain insights into Macmahon Holdings' future.
Seize The Opportunity
- Get an in-depth perspective on all 444 ASX Penny Stocks by using our screener here.
- Ready To Venture Into Other Investment Styles? 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.
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