Professional
Added to YB: 2026-02-09
Pitch date: 2026-02-05
EOS.AX [bearish]
Electro Optic Systems Holdings Limited
-35.95%
current return
Author Info
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Company Info
Electro Optic Systems Holdings Limited engages in the development, manufacture, and sale of telescopes and dome enclosures, laser satellite tracking systems, remote weapon systems, and high laser weapon.
Market Cap
AUD 1.7B
Pitch Price
AUD 6.62
Price Target
N/A
Dividend
N/A
EV/EBITDA
-36.14
P/E
-22.72
EV/Sales
12.82
Sector
Aerospace and Defense
Category
N/A
EOS.AX Behind the Hype: Unmasking the Dark Reality of the Mysterious Korean Contract
EOS.AX (short): Agricultural drone co Goldrone (3 employees, $476K peak revenue, operates from restaurant) supposedly signed $80M defense contract with EOS. Management lied on investor call claiming confidentiality while Goldrone publicly announced deal. MARSS acquisition financials don't add up - claimed €240M/5yr vs actual €66M/3yr. Post-EM Solutions sale, mounting losses & desperate for capital raise.
Read full article (15 min)