Declared Dividend • Apr 05
Dividend of AU$0.005 announced Dividend of AU$0.005 is the same as last year. Ex-date: 9th April 2026 Payment date: 30th April 2026 Dividend yield will be 1.5%, which is lower than the industry average of 3.9%. Payout Ratios Payout ratio: 8%. Cash payout ratio: Approximately 10x free cash flows. Board Change • Jan 13
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Ben Laird was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jan 02
Katana Capital Limited Announces Fully Franked Ordinary Dividend for the Quarter Ended December 31, 2025, Payable on January 30, 2026 Katana Capital Limited announced a fully franked ordinary dividend of AUD 0.00500000 for the quarter ended December 31, 2025. Ex Date is January 8, 2026. Record Date is January 9, 2026. Payment Date is January 30, 2026. Announcement • Oct 10
Katana Capital Limited, Annual General Meeting, Nov 12, 2025 Katana Capital Limited, Annual General Meeting, Nov 12, 2025. Location: at bdo, level 9, mia yellagonga tower 2, 5 spring street, wa 6000., perth Australia Declared Dividend • Oct 03
Fourth quarter dividend of AU$0.005 announced Dividend of AU$0.005 is the same as last year. Ex-date: 7th October 2025 Payment date: 31st October 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.9%. Payout Ratios Payout ratio: 24%. Cash payout ratio: 21%. Announcement • Oct 02
Katana Capital Limited Announces Fully Franked Ordinary Dividend for the Quarter Ended September 30, 2025, Payable on October 31, 2025 Katana Capital Limited announced a fully franked ordinary dividend of AUD 0.00500000 for the quarter ended September 30, 2025. Ex Date is October 7, 2025. Record Date is October 8, 2025. Payment Date is October 31, 2025. Declared Dividend • Jul 03
Dividend of AU$0.005 announced Dividend of AU$0.005 is the same as last year. Ex-date: 7th July 2025 Payment date: 1st August 2025 Dividend yield will be 1.6%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 52% to shift the payout ratio to a potentially unsustainable range, which is more than the 14% EPS decline seen over the last 5 years. Announcement • Jul 02
Katana Capital Limited Announces Fully Franked Ordinary Dividend for the Quarter Ended June 30, 2025, Payable on August 1, 2025 Katana Capital Limited announced fully franked ordinary dividend of AUD 0.00500000 for the quarter ended June 30, 2025. Ex Date is July 7, 2025. Record Date is July 8, 2025. Payment Date is August 1, 2025. Board Change • Apr 30
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Ben Laird was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 14
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Ben Laird was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 11
Katana Capital Limited Announces Dividend for Period Ending Ended March 31, 2025, Payable on May 9, 2025 Katana Capital Limited announced dividend of AUD 0.00500000 for period ending ended March 31, 2025. Ex Date is April 16, 2025. Record Date is April is 16, 2025. Payment Date is May 9, 2025. Board Change • Mar 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Ben Laird was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Feb 27
New major risk - Revenue and earnings growth Earnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 17% per year over the past 5 years. Minor Risks Revenue is less than US$5m (AU$2.9m revenue, or US$1.8m). Market cap is less than US$100m (AU$36.9m market cap, or US$23.1m). Declared Dividend • Jan 04
Fourth quarter dividend of AU$0.005 announced Dividend of AU$0.005 is the same as last year. Ex-date: 8th January 2025 Payment date: 31st January 2025 Dividend yield will be 1.6%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Announcement • Jan 02
Katana Capital Limited Announces the Distribution for the Quarter Ending December 31, 2024, Payable on January 31, 2025 Katana Capital Limited announced the distribution of AUD 0.00500000 per share for the quarter ending December 31, 2024, Payable on January 31, 2025. Record date is January 9, 2025. and ex-date is January 8, 2025. Announcement • Oct 14
Katana Capital Limited, Annual General Meeting, Nov 13, 2024 Katana Capital Limited, Annual General Meeting, Nov 13, 2024. Location: level 9, the quadrant building, boardroom, 1 william street, perth wa 6000, perth Australia Declared Dividend • Oct 04
Fourth quarter dividend of AU$0.005 announced Dividend of AU$0.005 is the same as last year. Ex-date: 8th October 2024 Payment date: 1st November 2024 Dividend yield will be 1.7%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Board Change • Sep 10
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Ben Laird was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Jul 05
Dividend of AU$0.005 announced Dividend of AU$0.005 is the same as last year. Ex-date: 9th July 2024 Payment date: 2nd August 2024 Dividend yield will be 1.7%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jul 03
Katana Capital Limited Announces Distribution for the Quarter Ending June 30, 2024, Payable on August 2, 2024 Katana Capital Limited announced the distribution of AUD 0.00500000 per share for the quarter ending June 30, 2024, Payable on August 2, 2024. Record date is July 10, 2024 and ex-date is July 09, 2024. Declared Dividend • Apr 05
Dividend of AU$0.005 announced Dividend of AU$0.005 is the same as last year. Ex-date: 9th April 2024 Payment date: 3rd May 2024 Dividend yield will be 1.7%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jan 05
Katana Capital Limited Announces the Distribution for the Quarter Ended December 31, 2023, Payable on February 2, 2024 Katana Capital Limited announced the distribution of AUD 0.00500000 per share for the quarter ended December 31, 2023, Payable on February 2, 2024. Record date is January 10, 2024 and ex-date is January 09, 2024. Announcement • Oct 13
Katana Capital Limited, Annual General Meeting, Nov 16, 2023 Katana Capital Limited, Annual General Meeting, Nov 16, 2023, at 15:30 W. Australia Standard Time. Location: Level 9, The Quadrant Building Boardroom 1 William Street Perth Australia Agenda: To consider Financial Statements And Reports; to consider Adoption Of Remuneration Report; to consider election of Directors; and to consider Approval Of 7.1a Mandate. Buying Opportunity • Sep 20
Now 22% undervalued Over the last 90 days, the stock is up 1.4%. The fair value is estimated to be AU$1.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Aug 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.0% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (AU$2.4m revenue, or US$1.5m). Market cap is less than US$100m (AU$37.3m market cap, or US$24.3m). New Risk • Aug 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.0% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Revenue is less than US$5m (AU$2.4m revenue, or US$1.5m). Market cap is less than US$100m (AU$37.3m market cap, or US$24.2m). Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to AU$1.13, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 21x in the Capital Markets industry in Australia. Total returns to shareholders of 52% over the past three years. Buying Opportunity • Jul 17
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 18%. The fair value is estimated to be AU$1.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Earnings per share has declined by 29%. Announcement • Jul 12
Katana Capital Limited Announces Distribution for the Quarter Ended June 30, 2023, Payable on August 11, 2023 Katana Capital Limited announced distribution of AUD 0.00500000 per security for the quarter ended June 30, 2023, payable on August 11, 2023. Record date is July 18, 2023 and ex-date is July 17, 2023. Announcement • Jan 12
Katana Capital Limited Announces Ordinary Dividend Payable on February 10, 2023 Katana Capital Limited announced ordinary Dividend of AUD 0.00500000 for the quarter ended December 31, 2022. Ex Date: January 17, 2023. January 18, 2023. Payment Date: February 10, 2023. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Ben Laird was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 11
Katana Capital Limited, Annual General Meeting, Nov 17, 2022 Katana Capital Limited, Annual General Meeting, Nov 17, 2022, at 15:30 W. Australia Standard Time. Location: Level 9, The Quadrant Building Boardroom 1 William Street Perth Western Australia Australia Agenda: To consider adoption of Remuneration Report; to consider election of Director - Benjamin Laird; to consider re-election of Director - Giuliano Sala Tenna; to consider approval of 7.1A Mandate; to consider replacement of Constitution; and to consider appointment of Auditor at AGM to fill vacancy. Announcement • Oct 07
Katana Capital Limited Announces Ordinary Dividend for the Quarter Ended 30 September 2022, Payable 4 November 2022 Katana Capital Limited announced ordinary Dividend of AUD 0.00500000 for the quarter ended 30 September 2022. Ex Date: 13 October 2022. Record Date: 14 October 2022. Payment Date: 4 November 2022. Announcement • Aug 30
Katana Capital Limited to Report Fiscal Year 2022 Results on Sep 30, 2022 Katana Capital Limited announced that they will report fiscal year 2022 results on Sep 30, 2022 Announcement • Jul 14
Katana Capital Limited Announces Dividend for the Period Ended June 30, 2022, Payable on August 12, 2022 Katana Capital Limited announced dividend of AUD 0.00500000 for the period ended June 30, 2022, payable on August 12, 2022. Ex Date is July 20, 2022 and Record Date is July 21, 2022. Board Change • Apr 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Giuliano Tenna was the last independent director to join the board, commencing their role in 2005. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 22
Katana Capital Limited Announces Distribution for the Quarter Ended March 31, 2022, Payable on May 20, 2022 Katana Capital Limited announced distribution of AUD 0.00500000 per security for the quarter ended March 31, 2022, payable on May 20, 2022. Record date is April 29, 2022 and ex-date is April 28, 2022. Announcement • Apr 01
Katana Capital Limited Announces Board Changes Katana Capital Limited advised the appointment of a new Non- Executive Director: Mr. Benjamin Laird has been appointed as a Non-Executive Director. Ben is currently the Chief Investment Officer of the Wyllie Group. Ben has 20 years of equity capital markets experience in funds management and stockbroking. Most recently, Ben was a Senior Analyst at Viburnum Funds. Mr. Peter Wallace resigns as a Director after 17 years of service to Katana. Announcement • Feb 24
Katana Capital Limited Announces Executive Changes Katana Capital Limited appointed Mr. Baden M Bowen as the new company secretary. Mr. Bowen has over three decades of experience in public company management of ASX listed companies. Bowen vast experience spans ASX listing rules and ASIC compliance, administration of corporate governance, IPOs and shareholder relations. Mr. Gabriel Chiappini retired as company secretary after 17 years of service to Katana since its listing on the ASX in 2005. Announcement • Feb 17
Katana Capital Limited Announces Ordinary Franked Dividend for the Period of One Quarter Ended December 31, 2021 Katana Capital Limited announced ordinary franked dividend of AUD 0.005000 for the one quarter ended December 31, 2021. The record date is on January 24, 2022, the payment date is on February 17, 2022 and the ex-date is on January 21, 2022. Is New 90 Day High Low • Jan 21
New 90-day high: AU$0.96 The company is up 14% from its price of AU$0.84 on 23 October 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 2.0% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: AU$0.95 The company is up 12% from its price of AU$0.84 on 30 September 2020. The Australian market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Capital Markets industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: AU$0.94 The company is up 13% from its price of AU$0.82 on 11 September 2020. The Australian market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Capital Markets industry, which is up 9.0% over the same period. Is New 90 Day High Low • Nov 10
New 90-day high: AU$0.86 The company is up 9.0% from its price of AU$0.79 on 12 August 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 5.0% over the same period. Is New 90 Day High Low • Sep 18
New 90-day high: AU$0.84 The company is up 8.0% from its price of AU$0.78 on 18 June 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 1.0% over the same period. 
