Added to YB: 2026-08-03
Pitch date: 2026-07-31
DEM.AX [neutral]
De.mem Limited
Author Info
No bio for this author
Company Info
De.mem Limited designs, builds, owns, and operates modern water treatment systems for industrial, municipal, and residential sectors in Australia, Singapore, and Germany.
Market Cap
AUD 31.4M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
22.84
P/E
-9.60
EV/Sales
0.98
Sector
Water Utilities
Category
growth
Testing the Water: De.Mem (ASX:DEM)
DEM.AX (overview): ASX water treatment one-stop-shop; 90% recurring rev, 40%+ GM, net cash $3.3m, FCF neutral turning positive. Acquisitive (7 deals since 2019, ~5x EBITDA but 300% dilution). Rev $30m (+500% since '19). Gold mine expansion (33 of 175). Wait for sub-8c, ideally 5c; ~10c now too rich. 8-10x EV/EBITDA fair. Chairman owns 12%, buying.
Read full article (9 min)