33LOW

SPX

SPENDA FPO [SPX]
Spenda Limited develops and commercializes technology assets that enable the modernization of business IT systems through conversion, migration, and management of server-based legacy data and systems to the cloud in Australia. It operates through SaaS and Payments, and Lending segments. The company offers business-to-business payment services; merchant services; solutions for integrating payments into the software platform or marketplace; and invoice, supplier, buyer, and agri finance solutions. It also provides accounts receivable automation software for streamlining collections and accelerating incoming payments; accounts payable automation software for managing supplier payments and driving stronger cash flow; sales order management for collaborating on orders with customers; portable point of sale systems; eCommerce solutions; warehouse management solution for accessing accurate data and managing inventory; workshop management software for managing auto workshops; service management solution for streamlining business from end-to-end and enhance the customer experience with cloud-based field service management solution; Spenda wallet that approve business payments on mobile; pay by link, which accept contactless payments; payment widget that delivers eCommerce checkout; terminal payment that accepts online and offline payment; and purchasing software, a digital tool designed to automate and optimize procurement processes. The company was formerly known as Cirralto Limited and changed its name to Spenda Limited in February 2022. Spenda Limited is based in Perth, Australia.
Technology · ASX Small Cap
$0.0020 +0.0%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical42
Catalyst51
Sentiment50
Fundamental23
Momentum40
Risk Gate27
Get alerts when SPX's score changes
Free watchlist with daily scans for 2,200+ ASX stocks
Track SPX — Free

Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Volume surging at 3.5x normal while price falls — heavy selling pressure
  • Sitting near support — this level has held before and could attract buyers again
  • Lagging the Small Ords index — relative strength of 0.74, underperforming its peers
  • Critical cash runway (1.4 quarters)
  • Low P/S ratio (1.1x)
  • Near 52-week low (0% of range)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 57% over the past year
  • The bigger volume days are the up days — volume-weighted momentum is positive (4.07%/day)
  • Altman Z-Score distress zone (0.85 < 1.81, low-confidence approx)
  • Penny stock risk ($0.002)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Revenue declining (-15%)
  • Piotroski F-Score weak (1/9, low-confidence approx)
  • Deeply negative margins (-202%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -15% — the top line is shrinking
  • Overseas neutral (-2pts, S&P500 neutral, VIX 25)
Ask Scout AI about SPX
"What's driving SPX's score?" "How does SPX compare to peers?" "Key risks for SPX?"
3 free messages/day · Unlimited with Pro

Recent Catalysts

NONE Section 708A Notice
NONE Application for quotation of securities - SPX
NONE Application for quotation of securities - SPX

Recent ASX Announcements

2026-03-23 Section 708A Notice
2026-03-23 Application for quotation of securities - SPX
2026-03-20 Application for quotation of securities - SPX
2026-03-15 Section 708A Notice
2026-03-15 Application for quotation of securities - SPX

Key Metrics

$11.7M
Market Cap
4.5M
Avg Volume
3.5x
Vol Ratio
$0.00 — $0.01
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-101.5%
ROE
-202.5%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 54%
LLeader vs LaggardlaggardRS: -4
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Technology

Ranked #93 of 97 · Sector avg: 46

View all Technology signals →
Related Tickers
DUG 60KLV 58CCA 57PXA 55HPG 55
Compare:SPX vs DUGSPX vs KLVSPX vs CCA
Scout Pro — Deeper Analysis for SPX
Try Pro free for 30 days
Share this analysis

Track SPX and 2,200+ ASX stocks

Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and conviction scoring for every ASX small cap.

Open Dashboard — Free Free Screener
No credit card required