Ankündigung • Apr 15
Chris Morris proposed to acquire remaining 42.50% stake in DTI Group Limited (ASX:DTI) from J P Morgan Nominees Australia Pty Ltd and others for AUD 4.6 million. Chris Morris proposed to acquire remaining 42.50% stake in DTI Group Limited (ASX:DTI) from J P Morgan Nominees Australia Pty Ltd and others for AUD 4.6 million on April 14, 2026. A cash consideration valued at AUD 0.012 per share will be paid by the buyer. The Bidder will fund the Offer through existing cash at hand so that you can be confident there will be sufficient funds to complete the Offer. If the Bidder becomes entitled to compulsorily acquire your DTI Shares, Intentions upon acquiring 90% or more of DTI Share. After the Offer Period, the Bidder intends to ensure that the operations of DTI are optimized to meet the needs of the business in the future. This may require reviewing and adjusting staff operations to meet the skills requirements of DTI's business with any such restructuring favoring retaining current employees where there is a skills match. The Bidder intends, subject to the Corporations Act and DTI's Constitution, to replace all current members of the DTI Board with its own appointments. The Offer will officially be made during the period commencing on April 29, 2026 and ending on May 29, 2026. DTI shareholders are advised to TAKE NO ACTION in relation to the Offer at this stage. The DTI Board will consider the Offer and the bidder’s statement and provide a recommendation to
DTI shareholders in due course.
The expected completion of the transaction is May 29, 2026.
Lander & Rogers act as legal advisor, Computershare Investor Services Pty Limited act as Transfer Agent and Shaw and Partners Limited act as broker for Chris Morris. Board Change • Dec 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 Paul Gillespie 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 24
DTI Group Limited, Annual General Meeting, Nov 25, 2025 DTI Group Limited, Annual General Meeting, Nov 25, 2025. Location: at level 26, 367 collins street, melbourne vic 3000 Australia Reported Earnings • Oct 05
Full year 2025 earnings released: AU$0.004 loss per share (vs AU$0.006 loss in FY 2024) Full year 2025 results: AU$0.004 loss per share (improved from AU$0.006 loss in FY 2024). Revenue: AU$8.56m (up 11% from FY 2024). Net loss: AU$1.70m (loss narrowed 32% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.004 loss per share (vs AU$0.006 loss in FY 2024) Full year 2025 results: AU$0.004 loss per share (improved from AU$0.006 loss in FY 2024). Revenue: AU$8.58m (up 11% from FY 2024). Net loss: AU$1.69m (loss narrowed 32% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. New Risk • Aug 30
New major risk - Revenue and earnings growth Earnings have declined by 7.4% 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 7.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Market cap is less than US$10m (AU$7.16m market cap, or US$4.69m). New Risk • Jun 25
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 85% 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 (85% increase in shares outstanding). Market cap is less than US$10m (AU$4.14m market cap, or US$2.69m). Ankündigung • May 05
DTI Group Limited has filed a Follow-on Equity Offering in the amount of AUD 2.691308 million. DTI Group Limited has filed a Follow-on Equity Offering in the amount of AUD 2.691308 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 448,551,414
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00006
Transaction Features: Rights Offering New Risk • Nov 13
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: AU$7.7m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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$1.1m free cash flow). Shares are highly illiquid. Market cap is less than US$10m (AU$4.47m market cap, or US$2.90m). Minor Risk Revenue is less than US$5m (AU$7.7m revenue, or US$5.0m). Ankündigung • Oct 18
DTI Group Limited, Annual General Meeting, Nov 19, 2024 DTI Group Limited, Annual General Meeting, Nov 19, 2024. Location: the australian institute of company directors, at level 26, 367 collins, Australia Reported Earnings • Oct 05
Full year 2024 earnings released: AU$0.006 loss per share (vs AU$0.002 loss in FY 2023) Full year 2024 results: AU$0.006 loss per share (further deteriorated from AU$0.002 loss in FY 2023). Revenue: AU$7.70m (down 42% from FY 2023). Net loss: AU$2.48m (loss widened 164% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.006 loss per share (vs AU$0.002 loss in FY 2023) Full year 2024 results: AU$0.006 loss per share (further deteriorated from AU$0.002 loss in FY 2023). Revenue: AU$7.70m (down 42% from FY 2023). Net loss: AU$2.48m (loss widened 164% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Ankündigung • Oct 25
DTI Group Limited, Annual General Meeting, Nov 28, 2023 DTI Group Limited, Annual General Meeting, Nov 28, 2023, at 11:00 W. Australia Standard Time. Location: 31 Affleck Road, Perth Airport Western Australia Australia Agenda: To receive and to consider the Annual Financial Report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Directors' Report, the Remuneration Report and the Auditor's Report for that financial year; to consider Adoption of Remuneration Report; to consider Re-election of Chris Afentoulis as Director; to consider Election of Paul Gillespie as Director; and to consider ASX Listing Rule 7.1A Approval of Future Issue of Securities. Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0 in FY 2022) Full year 2023 results: AU$0.002 loss per share (further deteriorated from AU$0 in FY 2022). Revenue: AU$13.3m (down 17% from FY 2022). Net loss: AU$940.0k (down AU$1.03m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • Aug 31
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 Risks Shares are highly illiquid. Market cap is less than US$10m (AU$8.49m market cap, or US$5.50m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Ankündigung • Nov 29
DTI Group Ltd Appoints Paul Gillespie as Non-Executive Director DTI Group Ltd. announced the appointment of Mr. Paul Gillespie as Non-Executive Director of the Company, effective 28 November 2022. Mr. Gillespie has over 20 years of experience in the Smart Parking and Transportation marketplace where he has held several leadership positions. Mr. Gillespie is currently the Managing Director and CEO of Smart Parking, a position he has held since January 2013. Before joining Smart Parking, Paul was a leading figure in the UK parking industry, having held senior positions at Xerox Parking Services where he was successful in leading two business units providing hardware and software solutions to a variety of public and private organisations. Ankündigung • Oct 30
DTI Group Limited, Annual General Meeting, Nov 29, 2022 DTI Group Limited, Annual General Meeting, Nov 29, 2022, at 12:00 W. Australia Standard Time. Location: Ground Floor, 16 Ord Street West Perth Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2022, together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider the adoption of remuneration report; to consider the re-election of Director; and to consider the other resolutions. Reported Earnings • Sep 03
Full year 2022 earnings released: EPS: AU$0 (vs AU$0 in FY 2021) Full year 2022 results: EPS: AU$0 (vs AU$0 in FY 2021). Revenue: AU$15.9m (down 14% from FY 2021). Net income: AU$86.3k (up 247% from FY 2021). Profit margin: 0.5% (up from 0.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Ankündigung • Aug 23
DTI Group Limited Appoints Harry Miller as Company Secretary DTI Group Ltd. announced the appointment of Mr. Harry Miller as Company Secretary upon the resignation of Mr. Ian Hobson, effective 22 August 2022. Mr. Miller has over 7 years of company secretarial and accounting experience, having previously worked with a leading global accounting firm and currently acting as company secretary to various ASX listed companies. Reported Earnings • Mar 02
First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First half 2022 results: EPS: AU$0 (up from AU$0.001 loss in 1H 2021). Revenue: AU$9.88m (down 19% from 1H 2021). Net loss: AU$89.6k (loss narrowed 57% from 1H 2021). Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 26
First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: AU$12.2m (up 74% from 1H 2020). Net loss: AU$210.6k (loss narrowed 58% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.