3 ASX Penny Stocks With At Least A$100M Market Cap

Mon, Aug 25, 2025, 11:08 PM 4 min read

With the Australian market experiencing a slight dip as ASX 200 futures point to a -0.2% slide, investors are keeping an eye on global influences and local economic updates, such as the Reserve Bank’s latest minutes. Penny stocks, though often seen as relics of past market trends, continue to offer intriguing opportunities for those willing to explore beyond established names. These stocks typically represent smaller or newer companies and can provide a unique blend of affordability and growth potential when supported by strong financial health.

Click here to see the full list of 452 stocks from our ASX Penny Stocks screener.

Let’s review some notable picks from our screened stocks.

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

Overview: Audinate Group Limited develops and sells digital audio visual networking solutions both in Australia and internationally, with a market cap of A$415.26 million.

Operations: The company generates revenue of A$62.07 million from its Contract Electronics Manufacturing Services segment.

Market Cap: A$415.26M

Audinate Group, with a market cap of A$415.26 million, is navigating challenges as its revenue dropped to A$62.07 million from A$91.48 million the previous year, resulting in a net loss of A$6.38 million. Despite being unprofitable and not expected to achieve profitability soon, Audinate remains debt-free and has reduced losses over the past five years at a significant rate. The company’s short-term assets comfortably cover both short- and long-term liabilities, indicating financial resilience amidst volatility concerns. Recent leadership changes may offer strategic continuity as Audinate transitions under new board chair Alison Ledger’s guidance.

• Unlock comprehensive insights into our analysis of Audinate Group stock in this financial health report.

• Gain insights into Audinate Group’s outlook and expected performance with our report on the company’s earnings estimates.

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

Overview: Champion Iron Limited focuses on the acquisition, exploration, development, and production of iron ore properties in Canada and has a market cap of A$2.36 billion.