Board Change • Mar 31
Insufficient new directors 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. Executive Director Cameron J. Judson was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 21
First half 2026 earnings released: EPS: AU$0.019 (vs AU$0.038 in 1H 2025) First half 2026 results: EPS: AU$0.019 (down from AU$0.038 in 1H 2025). Revenue: AU$38.3m (down 18% from 1H 2025). Net income: AU$308.0k (down 50% from 1H 2025). Profit margin: 0.8% (down from 1.3% in 1H 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Declared Dividend • Feb 20
Final dividend of AU$0.03 announced Shareholders will receive a dividend of AU$0.03. Ex-date: 26th February 2026 Payment date: 20th March 2026 Dividend yield will be 9.7%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio). However, it is covered by cash flows (60% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 2.8% to bring the payout ratio under control, which is less than the 17% EPS growth achieved over the last 5 years. Board Change • Jan 05
Insufficient new directors 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. Executive Director Cameron J. Judson was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.3m (US$9.23m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (AU$14.3m market cap, or US$9.23m). Minor Risk Dividend is not well covered by earnings (93% payout ratio). Board Change • Nov 19
Insufficient new directors 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. Executive Director Cameron J. Judson was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 17
Ignite Limited, Annual General Meeting, Nov 18, 2025 Ignite Limited, Annual General Meeting, Nov 18, 2025. Location: at level 1, the grace hot, 77 york street, sydney, nsw, 2000 Australia Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to AU$1.16, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 19x in the Professional Services industry in Australia. Total returns to shareholders of 80% over the past three years. Board Change • Oct 07
Insufficient new directors 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. Executive Director Cameron J. Judson was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 20
Full year 2025 earnings released: EPS: AU$0.076 (vs AU$0.048 in FY 2024) Full year 2025 results: EPS: AU$0.076 (up from AU$0.048 in FY 2024). Revenue: AU$90.2m (down 6.7% from FY 2024). Net income: AU$1.24m (up 100% from FY 2024). Profit margin: 1.4% (up from 0.6% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jul 14
Now 20% undervalued Over the last 90 days, the stock has risen 48% to AU$1.48. The fair value is estimated to be AU$1.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.8% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$1.45, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 16x in the Professional Services industry in Australia. Total returns to shareholders of 79% over the past three years. New Risk • Apr 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$16.4m (US$9.91m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (AU$16.4m market cap, or US$9.91m). Minor Risk Large one-off items impacting financial results. Board Change • Apr 01
Insufficient new directors 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. Executive Director Cameron J. Judson was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to AU$1.10, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 17x in the Professional Services industry in Australia. Total loss to shareholders of 27% over the past three years. Reported Earnings • Feb 20
First half 2025 earnings released: EPS: AU$0.038 (vs AU$0.022 in 1H 2024) First half 2025 results: EPS: AU$0.038 (up from AU$0.022 in 1H 2024). Revenue: AU$46.8m (down 6.9% from 1H 2024). Net income: AU$615.0k (up 189% from 1H 2024). Profit margin: 1.3% (up from 0.4% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Ankündigung • Feb 19
Ignite Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended December 31, 2024, Payable on March 21, 2025 Ignite Limited announced ordinary fully paid dividend AUD 0.03500000 per share for the six months ended December 31, 2024, Payable on March 21, 2025. Ex date is February 27, 2025, and record date is February 28, 2025. Ankündigung • Oct 17
Ignite Limited, Annual General Meeting, Nov 19, 2024 Ignite Limited, Annual General Meeting, Nov 19, 2024. Location: at pinaroo 4, level 1, the grace hotel, 77 york street, sydney, nsw, 2000, Australia New Risk • Aug 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (82% increase in shares outstanding). Market cap is less than US$10m (AU$13.5m market cap, or US$9.21m). Minor Risk Large one-off items impacting financial results. Ankündigung • Aug 22
Ignite Limited Provides Earnings Guidance for the Year 2025 Ignite Limited provided earnings guidance for the year 2025. The company anticipates delivering further profit improvement in 2025 for shareholders. Reported Earnings • Aug 21
Full year 2024 earnings released: EPS: AU$0.005 (vs AU$0.012 loss in FY 2023) Full year 2024 results: EPS: AU$0.005 (up from AU$0.012 loss in FY 2023). Revenue: AU$96.6m (down 9.3% from FY 2023). Net income: AU$616.0k (up AU$1.72m from FY 2023). Profit margin: 0.6% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Ankündigung • Mar 14
IGNITE Limited Announces CFO Changes IGNITE Limited announced the resignation of Diego Agosti as Finance Director. Diego joined IGNITE in May 2021 as a Financial Controller and was promoted to Finance Director in September 2022. Diego leaves IGNITE in a stronger position following First half of fiscal year 2024 profit and successful Accelerated Non-Renounceable Entitlement Offer (Entitlement Offer). Lisa Hou will join IGNITE on 18 March 2024, as IGNITE's Chief Financial Officer. Lisa started her career with PWC in Australia, has worked for SaaS technology startups in New York, and holds a Bachelor of Commerce /Bachelor of Arts from UNSW and a CA from Chartered Accountants Australia & New Zealand. Ankündigung • Mar 12
Ignite Limited has completed a Follow-on Equity Offering in the amount of AUD 3.680246 million. Ignite Limited has completed a Follow-on Equity Offering in the amount of AUD 3.680246 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 51,709,790
Price\Range: AUD 0.05
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,143,704
Price\Range: AUD 0.05
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,751,420
Price\Range: AUD 0.05
Transaction Features: Rights Offering Reported Earnings • Feb 23
First half 2024 earnings released: EPS: AU$0.002 (vs AU$0.006 loss in 1H 2023) First half 2024 results: EPS: AU$0.002 (up from AU$0.006 loss in 1H 2023). Revenue: AU$50.2m (down 9.1% from 1H 2023). Net income: AU$213.0k (up AU$720.0k from 1H 2023). Profit margin: 0.4% (up from net loss in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance. Ankündigung • Jan 25
Ignite Limited, Annual General Meeting, Feb 28, 2024 Ignite Limited, Annual General Meeting, Feb 28, 2024, at 10:00 AUS Eastern Standard Time. Location: Level 28, 161 Castlereagh Street, Sydney Australia Agenda: To consider and approval for executive director to participate in shortfall- Cameron Judson. New Risk • Dec 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Market cap is less than US$10m (AU$7.63m market cap, or US$5.05m). Ankündigung • Nov 24
Ignite Limited has filed a Follow-on Equity Offering in the amount of AUD 4.44 million. Ignite Limited has filed a Follow-on Equity Offering in the amount of AUD 4.44 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 62,400,000
Price\Range: AUD 0.05
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,400,000
Price\Range: AUD 0.05
Transaction Features: Rights Offering Ankündigung • Oct 20
Ignite Limited, Annual General Meeting, Nov 21, 2023 Ignite Limited, Annual General Meeting, Nov 21, 2023, at 10:00 AUS Eastern Standard Time. Location: Level 3, 60 Carrington Street Sydney, NSW, 2000 Sydney Australia Agenda: To consider and approve the Re-election of Mr Garry Sladden; to consider the Adoption of Remuneration Report; to consider the Election of Mr Daniel Altiok Brown; to consider the Election of Mr Trevor Robertson; and to consider other matters. Reported Earnings • Aug 23
Full year 2023 earnings released: AU$0.012 loss per share (vs AU$0.003 loss in FY 2022) Full year 2023 results: AU$0.012 loss per share (further deteriorated from AU$0.003 loss in FY 2022). Revenue: AU$106.6m (down 7.7% from FY 2022). Net loss: AU$1.11m (loss widened 288% from FY 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Aug 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Jennifer Elliott was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 28
First half 2023 earnings released: AU$0.009 loss per share (vs AU$0.001 loss in 1H 2022) First half 2023 results: AU$0.009 loss per share (further deteriorated from AU$0.001 loss in 1H 2022). Revenue: AU$55.8m (down 6.2% from 1H 2022). Net loss: AU$820.0k (loss widened AU$740.0k from 1H 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 64% per year, which means it is significantly lagging earnings growth. Board Change • Nov 29
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Jennifer Elliott is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Cameron J. Judson 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. Lack of experienced directors. Ankündigung • Nov 22
Ignite Limited Appoints Daniel Altiok Brown and Trevor Robertson as Directors Ignite Limited announced that at the AGM was held on 22 November 2022, the company approved the appointment of Mr. Daniel Altiok Brown and Mr. Trevor Robertson as Directors. Ankündigung • Oct 21
Ignite Limited, Annual General Meeting, Nov 22, 2022 Ignite Limited, Annual General Meeting, Nov 22, 2022, at 10:00 AUS Eastern Standard Time. Location: computershare, level3, 60 carrington street sydney NSW 2000 New South Wales Australia Agenda: To discuss Election of Mr Cameron Judson; to discuss Adoption of Remuneration Report; to discuss Amendment to Constitution; to discuss Election of Mr Daniel Altiok Brown; and to discuss Election of Mr Trevor Robertson. Reported Earnings • Aug 26
Full year 2022 earnings released: AU$0.003 loss per share (vs AU$0.027 profit in FY 2021) Full year 2022 results: AU$0.003 loss per share (down from AU$0.027 profit in FY 2021). Revenue: AU$115.5m (up 1.4% from FY 2021). Net loss: AU$285.0k (down 112% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Ankündigung • Mar 06
Ignite Limited Announces the Appointment of Cameron Judson as an Independent Non-Executive Director Ignite Limited announced the appointment of Mr. Cameron Judson as an Independent Non-Executive Director of Ignite. Cameron is a highly experienced and respected senior executive, who from 2005 until 2015, held a variety of senior executive roles at the previously ASX-listed recruitment company, Chandler MacLeod Group Limited. Reported Earnings • Mar 02
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: AU$0.001 loss per share (down from AU$0.025 profit in 1H 2021). Revenue: AU$59.5m (up 4.8% from 1H 2021). Net loss: AU$80.0k (down 104% from profit in 1H 2021). Revenue missed analyst estimates by 9.6%. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Non-Executive Director Fred van der Tang was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
Full year 2021 earnings released: EPS AU$0.027 (vs AU$0.042 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: AU$113.9m (down 9.6% from FY 2020). Net income: AU$2.42m (up AU$6.19m from FY 2020). Profit margin: 2.1% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 24
First half 2021 earnings released: EPS AU$0.025 (vs AU$0.028 loss in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: AU$56.7m (down 17% from 1H 2020). Net income: AU$2.22m (up AU$4.72m from 1H 2020). Profit margin: 3.9% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Ankündigung • Feb 16
Ignite Group Announces the Appointment of Tim Moran as the New CEO Ignite Group announced the appointment of Tim Moran as the new CEO. Mr. Moran was most recently the Asia-Pacific Regional Director for SThree, where he has held various senior roles since 2009, including that of Country Director Australia. Prior to SThree, Mr. Moran worked for Michael Page Group as Manager Finance from 2002 until 2009. Ankündigung • Oct 08
Ignite Limited Announces the Retirement of Craig Saphin as Director Ignite Limited announced that Mr. Craig Saphin has advised the Board of Ignite that, with his retirement by rotation at the upcoming Annual General Meeting of Ignite to be held on 24 November 2020, he will not be seeking re-election as a Director of Ignite. In the meantime, Garry Sladden will continue as Executive Chairman, with Jennifer Elliott chairing Board meetings and Board Audit Risk & Compliance Committee meetings. Ankündigung • Sep 06
Ignite Limited Auditor Raises 'Going Concern' Doubt Ignite Limited filed its Annual on Aug 31, 2020 for the period ending Jun 30, 2020. In this report its auditor, Pannell Kerr Forster, gave an unqualified opinion expressing doubt that the company can continue as a going concern.