New Risk • Apr 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.0m (US$9.64m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$33m free cash flow). Earnings have declined by 12% per year over the past 5 years. Market cap is less than US$10m (AU$14.0m market cap, or US$9.64m). New Risk • Mar 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$33m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$33m free cash flow). Earnings have declined by 12% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AU$20.2m market cap, or US$14.4m). Bekanntmachung • Oct 28
5G Networks Limited, Annual General Meeting, Nov 27, 2025 5G Networks Limited, Annual General Meeting, Nov 27, 2025. Recent Insider Transactions • Oct 16
MD & Director recently sold AU$1.4m worth of stock On the 14th of October, Joseph Demase sold around 10m shares on-market at roughly AU$0.14 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Joseph's only on-market trade for the last 12 months. Reported Earnings • Aug 31
Full year 2025 earnings released Full year 2025 results: Revenue: AU$66.3m (up 34% from FY 2024). Net loss: AU$2.58m (loss narrowed 91% from FY 2024). Bekanntmachung • May 02
5G Networks Limited Announces Resignation of Jason Ashton as an Independent Director, Effective 2 May 2025 5G Networks Limited announced that Mr. Jason Ashton has resigned as an independent director of the Company. Mr. Ashton has accepted a role at a competitor to 5G Networks heading up their Mergers and Acquisitions department. Mr. Ashton has served as a non-executive director of 5G Networks Ltd. since November 2019 and has been an integral party of the growth and acquisition strategy. Date of last notice: 24 November 2021 . Date that director ceased to be director: 2 May 2025. Reported Earnings • Feb 28
First half 2025 earnings released: EPS: AU$0.023 (vs AU$0.043 loss in 1H 2024) First half 2025 results: EPS: AU$0.023 (up from AU$0.043 loss in 1H 2024). Revenue: AU$28.1m (up 15% from 1H 2024). Net income: AU$6.33m (up AU$20.6m from 1H 2024). Profit margin: 23% (up from net loss in 1H 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Bekanntmachung • Feb 19
5G Networks Limited (ASX:5GN) completed the acquisition of 68.26% stake in AUCyber Limited (ASX:CYB) for AUD 15.1 million. 5G Networks Limited (ASX:5GN) proposed to acquire remaining 89.26% stake in AUCyber Limited (ASX:CYB) for AUD 16.1 million on December 20, 2024. A cash consideration valued at AUD 0.11 per share will be paid by 5G Networks Limited for 146,001,139 shares. The transaction will be financed through equity investment of AUD 64.97 million. The expected completion of the transaction is February 6, 2025. If 5G Networks is able to acquire 90% or more than 90% stake during tender offer period, 5G Networks will proceed with compulsory acquisition. As of December 24, 2024, in a related transaction, following receipt of the 5GN Takeover Bid, AUCyber Limited has received a non-binding and conditional takeover proposal from Brennan to acquire 100% of the ordinary shares in the Company at AUD 0.14 cash per share. The Competing Takeover Proposal represents a premium of approximately 28% to the Company’s 5- day VWAP AUD 0.11 to December 19, 2024. The Board recommends that CYB shareholders TAKE NO ACTION in relation to the 5GN Takeover Bid, whilst the Company works through the due diligence requirements of the Competing Takeover Proposal. After considering the terms of 5GN’s Offer and the matters, each Director unanimously recommends that shareholders reject 5GN’s Offer. The offer is unconditional and will remain open for acceptance. The Offer will commence on Thursday, January 6, 2025 and end on Thursday, February 6, 2025, unless the Offer is withdrawn or extended in accordance with the Corporations Act. On January 28, 2025, 5G Networks Limited increased its offer to from AUD 0.11 to AUD 0.135 per share. 5GN has also announced that this is its final offer price and that it will not extend the offer period unless required to do so under the Corporations Act and is scheduled to close at 4:00 pm (Melbourne time) on Thursday, February 6, 2025. Until this time, AUCyber shareholders should take no action. The board of directors of AUCyber Limited has approved the transaction.
Link Market Services Limited acted as transfer agent/registrar for 5G Networks Limited. Cornwalls acted as legal advisor for 5G Networks Limited. Latimer Partners as financial adviser and Baker McKenzie as legal adviser in relation to its takeover defense for AUCyber Limited.
5G Networks Limited (ASX:5GN) completed the acquisition of 68.26% stake in AUCyber Limited (ASX:CYB) for AUD 15.1 million on February 17, 2025. Bekanntmachung • Nov 27
5G Networks Limited Appoints Hugh Robertson as Independent Non-Executive Director 5G Networks Limited announced that Mr. Hugh Robertson has agreed to become an independent non-executive director of the Company with effect from the conclusion of the Company's Annual General Meeting on 27 November 2024. Robertson is a Director of Corporate Advisory at Morgans Financial Limited, where he works with clients across various industries including financial services, technology, and agriculture. With expertise in business development, strategic planning, and corporate finance, he has a robust track record in capital raisings and advising on financial management. Hugh has also served in leadership roles at Bell Potter Securities, Health and Plant Protein Group Limited, and other companies, contributing significantly to equity capital markets and corporate finance across Australia. Robertson has extensive experience working with public companies, particularly in the areas of equity capital markets, corporate finance, and strategic advisory roles. As a Director at Bell Potter Securities, he was involved in initial public offerings (IPOs), capital raisings, mergers, acquisitions, and divestments for public entities. His leadership in high-profile capital raises for companies such as AMA Group Ltd. and Rubicon Water Ltd. at Morgans Financial further highlights his proficiency in managing complex financial transactions for publicly listed organizations. Mr. Robertson holds a degree from La Trobe University, adding a strong educational foundation to his diverse and extensive career. His academic background complements his practical experience, allowing him to bring strategic insights into corporate advisory, business development, and financial management. Bekanntmachung • Oct 29
5G Networks Limited, Annual General Meeting, Nov 28, 2024 5G Networks Limited, Annual General Meeting, Nov 28, 2024. Reported Earnings • Oct 04
Full year 2024 earnings released: AU$0.084 loss per share (vs AU$0.095 loss in FY 2023) Full year 2024 results: AU$0.084 loss per share (improved from AU$0.095 loss in FY 2023). Revenue: AU$49.5m (up 8.6% from FY 2023). Net loss: AU$28.0m (loss narrowed 10% from FY 2023). Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.068 loss per share (vs AU$0.058 loss in FY 2023) Full year 2024 results: AU$0.068 loss per share (further deteriorated from AU$0.058 loss in FY 2023). Revenue: AU$52.9m (down 45% from FY 2023). Net loss: AU$22.8m (loss widened 20% from FY 2023). Bekanntmachung • May 29
Oakley Capital Management Limited and Stalwart Holding B.v. agreed to acquire a 27.2% stake in Domains Business from 5G Networks Limited (ASX:5GN) for AUD 20 million Oakley Capital Management Limited and Stalwart Holding B.v. agreed to acquire a 27.2% stake in Domains Business from 5G Networks Limited (ASX:5GN) for AUD 20 million on May 29, 2024. Reported Earnings • Feb 22
First half 2024 earnings released: AU$0.043 loss per share (vs AU$0.03 loss in 1H 2023) First half 2024 results: AU$0.043 loss per share (further deteriorated from AU$0.03 loss in 1H 2023). Revenue: AU$24.4m (up 5.0% from 1H 2023). Net loss: AU$14.2m (loss widened 46% from 1H 2023). Upcoming Dividend • Jan 17
Upcoming dividend of AU$0.02 per share Eligible shareholders must have bought the stock before 24 January 2024. Payment date: 22 February 2024. The company last paid an ordinary dividend in August 2022. The average dividend yield among industry peers is 1.9%. Bekanntmachung • Jan 16
5G Networks Limited (ASX:5GN) acquired Security Shift Group Pty Ltd for AUD 4.4 million. 5G Networks Limited (ASX:5GN) acquired Security Shift Group Pty Ltd for AUD 4.4 million on January 16, 2024. Consideration comprises of upfront AUD 1.66 million, two deferred payments of AUD 1.1 million payable over the next two years and AUD 1.24 million in shares comprising of 7.2 million shares. Chris Wright, CEO of Security Shift will continue in his role and will also join the 5GN executive team. The cash portion of the consideration will be funded from existing cash reserves.
5G Networks Limited (ASX:5GN) completed the acquisition of Security Shift Group Pty Ltd for AUD 4.4 million on January 16, 2024. Bekanntmachung • Jan 10
5G Networks Limited Announces Special Dividend, Payable on February 22 2024 5G Networks Limited announced a Special Dividend of 2 cents ($0.02) per ordinary share. Ex-date is 24 January 2024; Record date is 25 January 2024; and Payment date is 22 February 2024. New Risk • Jan 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor 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 Share price has been highly volatile over the past 3 months (52% average weekly change). Earnings have declined by 53% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (AU$78.7m market cap, or US$52.9m). Bekanntmachung • Oct 06
Webcentral Limited, Annual General Meeting, Nov 23, 2023 Webcentral Limited, Annual General Meeting, Nov 23, 2023, at 11:30 AUS Eastern Standard Time. Location: Cornwalls Lawyers, Level 4, 380 Collins Street Melbourne Melbourne Australia Reported Earnings • Aug 29
Full year 2023 earnings released: AU$0.055 loss per share (vs AU$0.085 loss in FY 2022) Full year 2023 results: AU$0.055 loss per share (improved from AU$0.085 loss in FY 2022). Revenue: AU$96.2m (flat on FY 2022). Net loss: AU$19.0m (loss narrowed 24% from FY 2022). Bekanntmachung • Aug 28
Webcentral Limited Recommends No Payment of A Final Dividend in Respect of the Financial Year Ended 30 June 2023 The Directors of Webcentral Limited have not recommended the payment of a final dividend in respect of the financial year ended 30 June 2023. Recent Insider Transactions • Mar 08
MD & Director recently bought AU$70k worth of stock On the 3rd of March, Joseph Demase bought around 705k shares on-market at roughly AU$0.10 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Joseph has been a buyer over the last 12 months, purchasing a net total of AU$642k worth in shares. Reported Earnings • Feb 28
First half 2023 earnings released: AU$0.011 loss per share (vs AU$0.044 loss in 1H 2022) First half 2023 results: AU$0.011 loss per share (improved from AU$0.044 loss in 1H 2022). Revenue: AU$48.6m (up 1.2% from 1H 2022). Net loss: AU$3.64m (loss narrowed 67% from 1H 2022). Board Change • Nov 16
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. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Jason Ashton was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Nov 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. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Jason Ashton was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Bekanntmachung • Oct 24
Webcentral Limited, Annual General Meeting, Nov 24, 2022 Webcentral Limited, Annual General Meeting, Nov 24, 2022, at 11:30 AUS Eastern Standard Time. Location: Cornwalls Lawyers, Level 4 380 Collins Street Melbourne Melbourne Victoria Australia Agenda: To receive and consider the Annual Financial Statements, the Directors' Report and Audit Report of the Company and its Controlled Entities for the year ended 30 June 2022; to consider ADOPTION OF REMUNERATION REPORT; to consider RE-ELECTION OF DIRECTOR MS NATALIE MACTIER; to consider APPROVAL OF ADDITIONAL 10% PLACEMENT CAPACITY; to consider APPROVAL OF PRIOR ISSUED SECURITIES;and to consider other matters. Recent Insider Transactions • Oct 12
MD & Director recently bought AU$200k worth of stock On the 10th of October, Joseph Demase bought around 1m shares on-market at roughly AU$0.14 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Joseph has been a buyer over the last 12 months, purchasing a net total of AU$912k worth in shares. Bekanntmachung • Sep 28
Webcentral Limited Announces Final Dividend for A Period of Twelve Months Ended June 30, 2022, Payable on November 4, 2022 Webcentral Limited announced final dividend of AUD 0.00500000 for a period of twelve months ended June 30, 2022. Ex Date is October 6, 2022. Record Date is October 7, 2022. Payment Date is November 4, 2022. Recent Insider Transactions • Sep 03
MD & Director recently bought AU$70k worth of stock On the 1st of September, Joseph Demase bought around 389k shares on-market at roughly AU$0.18 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$251k. Joseph has been a buyer over the last 12 months, purchasing a net total of AU$662k worth in shares. Reported Earnings • Aug 23
Full year 2022 earnings released: AU$0.086 loss per share (vs AU$0.044 loss in FY 2021) Full year 2022 results: AU$0.086 loss per share (down from AU$0.044 loss in FY 2021). Revenue: AU$96.7m (up 8.1% from FY 2021). Net loss: AU$24.9m (loss widened 428% from FY 2021). Bekanntmachung • Aug 22
Webcentral Limited Recommends Final Dividend for the Financial Year Ended 30 June 2022 Webcentral Limited recommended an unfranked final dividend of 0.5 cents per ordinary share for the financial year ended 30 June 2022. Recent Insider Transactions • Jun 16
MD & Director recently bought AU$251k worth of stock On the 10th of June, Joseph Demase bought around 1m shares on-market at roughly AU$0.24 per share. This was the largest purchase by an insider in the last 3 months. Joseph has been a buyer over the last 12 months, purchasing a net total of AU$593k worth in shares. Recent Insider Transactions • Mar 03
MD & Director recently bought AU$192k worth of stock On the 28th of February, Joseph Demase bought around 630k shares on-market at roughly AU$0.31 per share. This was the largest purchase by an insider in the last 3 months. Joseph has been a buyer over the last 12 months, purchasing a net total of AU$341k worth in shares. Reported Earnings • Feb 24
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: AU$0.044 loss per share (down from AU$0.009 loss in 1H 2021). Revenue: AU$48.0m (up 21% from 1H 2021). Net loss: AU$11.0m (loss widened 416% from 1H 2021). Revenue missed analyst estimates by 6.0%. Bekanntmachung • Feb 17
Webcentral Limited to Report First Half, 2022 Results on Feb 21, 2022 Webcentral Limited announced that they will report first half, 2022 results on Feb 21, 2022 Recent Insider Transactions • Dec 11
MD & Director recently bought AU$149k worth of stock On the 7th of December, Joseph Demase bought around 369k shares on-market at roughly AU$0.40 per share. This was the largest purchase by an insider in the last 3 months. This was Joseph's only on-market trade for the last 12 months. Bekanntmachung • Dec 01
5GN Networks Common Shares to Be Deleted from Other OTC 5GN Networks Common Shares (Australia) will be deleted from Other OTC effective from December 01, 2021, due to Acquisition /Merger /Amalgamation. Breakeven Date Change • Nov 26
Forecast breakeven date pushed back to 2024 The analyst covering Webcentral Group previously expected the company to break even in 2022. New forecast suggests losses will reduce by 62% per year to 2023. The company is expected to make a profit of AU$619.0k in 2024. Average annual earnings growth of 86% is required to achieve expected profit on schedule.