Micro-X Limited

ASX:MX1 Stock Report

Market Cap: AU$20.2m

Micro-X Future Growth

Future criteria checks 6/6

Micro-X is forecast to grow earnings and revenue by 105.5% and 34.9% per annum respectively. EPS is expected to grow by 106.5% per annum. Return on equity is forecast to be 23.2% in 3 years.

Key information

105.5%

Earnings growth rate

106.46%

EPS growth rate

Medical Equipment earnings growth12.6%
Revenue growth rate34.9%
Future return on equity23.23%
Analyst coverage

Low

Last updated04 May 2026

Recent future growth updates

Recent updates

Narrative Update Jun 17

MX1: New Finance Leadership Will Support Recall Resolution And Future Upside

Analysts have kept their A$ price target for Micro-X unchanged, citing only slight adjustments to inputs such as the discount rate and future P/E assumptions rather than any material shift in their outlook for the stock. What’s in the News for Micro-X Micro-X initiated a voluntary Class II recall of its Rover Mobile X-ray System, Model/Catalog Numbers MXU-RV35 and MXU-RV71, after the US Food and Drug Administration identified a potential malfunction in the X-ray generator that may render the device inoperable.
Narrative Update Jun 03

MX1: Recall Management And New CFO Appointment Will Support Bullish Outlook

Analysts have kept their A$0.15 price target for Micro-X unchanged, with only small tweaks to assumptions around the discount rate, revenue growth, profit margin and future P/E, resulting in a steady view of fair value. What's in the News The US Food and Drug Administration has issued a voluntary Class II recall for Micro-X's Rover Mobile X-ray System (Models MXU-RV35 and MXU-RV71), covering 32 units distributed in WA, NJ, CA and Puerto Rico, due to a potential X-ray generator malfunction that may render the device inoperable, source: FDA recall notice via company filing.
Narrative Update May 03

MX1: Future CFO Appointment Will Support Bullish Outlook Despite Higher Risk Assumptions

Analysts have revised their fair value estimate for Micro-X to A$0.15 from A$0.17, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E. What's in the News Appointment of Peter Dickman as Chief Financial Officer, effective March 30, 2026, bringing more than 20 years of senior finance experience across large listed companies and multiple markets.
Analysis Article Mar 25

We're Keeping An Eye On Micro-X's (ASX:MX1) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Sep 01

Is Micro-X (ASX:MX1) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
User avatar
New Narrative May 09

NEX Focus Will Advance Mobile X-ray And CT Imaging

Strategic focus on NEX technology and partnerships aim to boost revenue with high-margin medical imaging and baggage scanner products.
Analysis Article Sep 20

Slammed 27% Micro-X Limited (ASX:MX1) Screens Well Here But There Might Be A Catch

Unfortunately for some shareholders, the Micro-X Limited ( ASX:MX1 ) share price has dived 27% in the last thirty days...
Analysis Article Jun 24

Take Care Before Diving Into The Deep End On Micro-X Limited (ASX:MX1)

With a price-to-sales (or "P/S") ratio of 3.1x Micro-X Limited ( ASX:MX1 ) may be sending bullish signals at the...
Analysis Article Mar 12

Micro-X Limited (ASX:MX1) Doing What It Can To Lift Shares

There wouldn't be many who think Micro-X Limited's ( ASX:MX1 ) price-to-sales (or "P/S") ratio of 4.4x is worth a...
Analysis Article Jul 14

Sentiment Still Eluding Micro-X Limited (ASX:MX1)

With a price-to-sales (or "P/S") ratio of 3.9x Micro-X Limited ( ASX:MX1 ) may be sending bullish signals at the...
Analysis Article May 02

Is Micro-X (ASX:MX1) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Nov 07

Shareholders May Not Be So Generous With Micro-X Limited's (ASX:MX1) CEO Compensation And Here's Why

Shareholders of Micro-X Limited ( ASX:MX1 ) will have been dismayed by the negative share price return over the last...
Analysis Article Jul 07

We Think Micro-X (ASX:MX1) Needs To Drive Business Growth Carefully

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article Mar 01

Here's Why We're Watching Micro-X's (ASX:MX1) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article Jan 29

What We Learned About Micro-X's (ASX:MX1) CEO Pay

Peter Rowland became the CEO of Micro-X Limited ( ASX:MX1 ) in 2014, and we think it's a good time to look at the...
Analysis Article Jan 08

What Kind Of Shareholders Hold The Majority In Micro-X Limited's (ASX:MX1) Shares?

Every investor in Micro-X Limited ( ASX:MX1 ) should be aware of the most powerful shareholder groups. Insiders often...
Analysis Article Dec 18

Have Insiders Been Buying Micro-X Limited (ASX:MX1) Shares?

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...
Analysis Article Nov 27

Micro-X Limited's (ASX:MX1) Shift From Loss To Profit

Micro-X Limited (ASX:MX1) is possibly approaching a major achievement in its business, so we would like to shine some...

Earnings and Revenue Growth Forecasts

ASX:MX1 - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/2028466N/A51
6/30/202729-1N/A01
6/30/202627-7N/AN/A1
12/31/202517-12-10-10N/A
9/30/202515-13-9-9N/A
6/30/202513-14-9-9N/A
3/31/202514-12-9-9N/A
12/31/202414-11-9-9N/A
9/30/202415-10-8-8N/A
6/30/202415-10-7-6N/A
3/31/202415-12-6-6N/A
12/31/202315-15-5-5N/A
9/30/202315-13-9-8N/A
6/30/202315-11-12-11N/A
3/31/202315-11-14-13N/A
12/31/202215-12-15-14N/A
9/30/202212-15-17-16N/A
6/30/20229-17-19-18N/A
3/31/20226-18-18-16N/A
12/31/20214-19-16-15N/A
9/30/20214-17-13-12N/A
6/30/20214-15-11-10N/A
3/31/20215-13-12-11N/A
12/31/20206-11-13-12N/A
9/30/20205-10-12-11N/A
6/30/20204-10-12-9N/A
3/31/20203-9-11-8N/A
12/31/20192-8-10-7N/A
9/30/20192-9N/A-7N/A
6/30/20192-10N/A-7N/A
3/31/20192-14N/A-8N/A
12/31/20182-18N/A-9N/A
9/30/20182-17N/A-8N/A
6/30/20182-17N/A-8N/A
3/31/20181-14N/A-9N/A
12/31/20171-11N/A-11N/A
9/30/20171-12N/A-11N/A
6/30/20171-13N/A-11N/A
3/31/20171-13N/A-10N/A
12/31/20161-13N/A-9N/A
9/30/20161-12N/A-11N/A
6/30/20161-11N/A-13N/A
3/31/20161-12N/A-10N/A
12/31/20150-13N/A-8N/A
9/30/20150-11N/A-7N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MX1 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).

Earnings vs Market: MX1 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MX1 is expected to become profitable in the next 3 years.

Revenue vs Market: MX1's revenue (34.9% per year) is forecast to grow faster than the Australian market (5.6% per year).

High Growth Revenue: MX1's revenue (34.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MX1's Return on Equity is forecast to be high in 3 years time (23.2%)


Discover growth companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/30 19:39
End of Day Share Price 2026/07/30 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Micro-X Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Scott PowerCGS International
Scott PowerMorgans Financial Limited