3 ASX Penny Stocks With Market Caps Under A$200M

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The Australian market has started the week lower, influenced by unexpected developments in U.S. employment data and a weakening Aussie dollar, while sectors like Energy have shown resilience amidst broader declines. In such fluctuating conditions, investors often turn their attention to penny stocks—smaller or newer companies that offer potential growth at lower price points. Despite being an older term, penny stocks can still provide valuable opportunities when they possess strong financials and clear growth prospects.

Top 10 Penny Stocks In Australia

Name

Share Price

Market Cap

Financial Health Rating

Embark Early Education (ASX:EVO)

A$0.775

A$142.2M

★★★★☆☆

LaserBond (ASX:LBL)

A$0.57

A$66.82M

★★★★★★

Austin Engineering (ASX:ANG)

A$0.535

A$331.78M

★★★★★☆

SHAPE Australia (ASX:SHA)

A$2.90

A$240.44M

★★★★★★

Vita Life Sciences (ASX:VLS)

A$1.94

A$108.78M

★★★★★★

Helloworld Travel (ASX:HLO)

A$1.98

A$322.38M

★★★★★★

SKS Technologies Group (ASX:SKS)

A$1.59

A$253.28M

★★★★★★

Big River Industries (ASX:BRI)

A$1.255

A$107.15M

★★★★★☆

Navigator Global Investments (ASX:NGI)

A$1.59

A$779.23M

★★★★★☆

Servcorp (ASX:SRV)

A$4.93

A$486.42M

★★★★☆☆

Click here to see the full list of 1,049 stocks from our ASX Penny Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

BNK Banking

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

Overview: BNK Banking Corporation Limited offers a range of retail and commercial banking products and financial services in Australia, with a market cap of A$38.58 million.

Operations: The company's revenue is derived from its banking segment, totaling A$20.85 million.

Market Cap: A$38.58M

BNK Banking Corporation Limited, with a market cap of A$38.58 million and revenue of A$20.85 million, faces challenges as it remains unprofitable with declining earnings over the past five years. Although its return on equity is negative at -5.53%, the bank benefits from low-risk funding primarily through customer deposits and maintains an appropriate loans to deposits ratio of 108%. The board is experienced with an average tenure of 3.5 years, but management lacks experience with only 1.2 years on average. Despite these hurdles, BNK's bad loan ratio remains at a healthy 0%, supported by a sufficient allowance for bad loans at 495%.

ASX:BBC Debt to Equity History and Analysis as at Jan 2025
ASX:BBC Debt to Equity History and Analysis as at Jan 2025

Beamtree Holdings

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

Overview: Beamtree Holdings Limited offers artificial intelligence-based decision support software and data insight services to the healthcare industry both in Australia and internationally, with a market cap of A$78.23 million.