Ankündigung • Dec 01
Jayride Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.735 million. Jayride Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.735 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 101,666,666
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00036
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,833,334
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00036
Transaction Features: Subsequent Direct Listing Ankündigung • Oct 31
Jayride Group Limited, Annual General Meeting, Nov 27, 2025 Jayride Group Limited, Annual General Meeting, Nov 27, 2025. Location: westfield works, room 1, level 5, 100 market street, australia, nsw 2000, sydney Australia New Risk • Oct 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$1.5m 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$1.5m free cash flow). Share price has been highly volatile over the past 3 months (48% average weekly change). Negative equity (-AU$6.4m). Earnings have declined by 6.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Market cap is less than US$10m (AU$9.99m market cap, or US$6.61m). Minor Risk Revenue is less than US$5m (AU$2.4m revenue, or US$1.6m). Ankündigung • Oct 01
Jayride Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.125 million. Jayride Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.125 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: AUD 0.005
Transaction Features: Subsequent Direct Listing Ankündigung • Sep 20
Jayride Group Limited has filed a Follow-on Equity Offering in the amount of AUD 0.125 million. Jayride Group Limited has filed a Follow-on Equity Offering in the amount of AUD 0.125 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: AUD 0.005
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.01 loss per share (vs AU$0.037 loss in FY 2024) Full year 2025 results: AU$0.01 loss per share (improved from AU$0.037 loss in FY 2024). Revenue: AU$2.42m (down 55% from FY 2024). Net loss: AU$5.73m (loss narrowed 31% from FY 2024). Recent Insider Transactions • Aug 10
Non-Executive Chairman recently bought AU$345k worth of stock On the 4th of August, Brett Partridge bought around 12m shares on-market at roughly AU$0.03 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Brett's only on-market trade for the last 12 months. Ankündigung • Jun 20
Jayride Group Limited Announces Board Changes, Effective 20 June 2025 Jayride Group Limited announced changes to the company's board of directors. Firstly, Chairman Rod Cuthbert, has resigned as a director of the company, date that director ceased to be director is 20 June 2025. Mr. Cuthbert has been a director of Jayride since April 2020 and has served as both a Non-Executive Chairman and an Executive Chairman during his tenure. Mr. Cuthbert brought to the Company deep travel technology expertise and provided invaluable guidance through a strategic review of the Company completed in 2024. Mr. Cuthbert will be succeeded as Chairman by Brett Partridge. Mr. Partridge joined the Company earlier 2025. Mr. Partridge will take his significant entrepreneurial and operational experience forward in this new role. Secondly, the Directors are announced the appointment of Mark Ward as a new non-executive director of the Company, effective 20 June 2025. Mr. Ward brings to the Company significant experience in founding and scaling ecommerce businesses, having founded and led a series of promotional products businesses globally. Mr. Ward's capabilities include digital innovation, global market expansion, and strategic systemisation. Board Change • May 14
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 Tzipi Avioz was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Apr 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 498% 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 Share price has been highly volatile over the past 3 months (45% average weekly change). Negative equity (-AU$6.6m). Earnings have declined by 6.1% per year over the past 5 years. Shareholders have been substantially diluted in the past year (498% increase in shares outstanding). Market cap is less than US$10m (AU$2.82m market cap, or US$1.71m). Minor Risk Revenue is less than US$5m (AU$4.4m revenue, or US$2.7m). 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$1.3m 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$1.3m free cash flow). Negative equity (-AU$6.6m). Earnings have declined by 6.1% per year over the past 5 years. Market cap is less than US$10m (AU$713.6k market cap, or US$442.9k). Minor Risk Revenue is less than US$5m (AU$4.4m revenue, or US$2.7m). Ankündigung • Dec 20
Jayride Group Limited has filed a Follow-on Equity Offering in the amount of AUD 4.3 million. Jayride Group Limited has filed a Follow-on Equity Offering in the amount of AUD 4.3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,433,333,333
Price\Range: AUD 0.003
Security Features: Attached Options
Transaction Features: Rights Offering Board Change • Dec 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. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Tzipi Avioz was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 04
Full year 2024 earnings released: AU$0.037 loss per share (vs AU$0.043 loss in FY 2023) Full year 2024 results: AU$0.037 loss per share. Revenue: AU$5.39m (up 6.1% from FY 2023). Net loss: AU$8.26m (loss widened 1.2% from FY 2023). Ankündigung • Oct 01
Jayride Group Limited, Annual General Meeting, Nov 28, 2024 Jayride Group Limited, Annual General Meeting, Nov 28, 2024. Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.037 loss per share (vs AU$0.043 loss in FY 2023) Full year 2024 results: AU$0.037 loss per share. Revenue: AU$5.45m (up 7.1% from FY 2023). Net loss: AU$8.26m (loss widened 1.2% from FY 2023). Board Change • May 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. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Tzipi Avioz was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 01
New major risk - Negative shareholders equity The company has negative equity. Total equity: -AU$2.1m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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$5.8m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Negative equity (-AU$2.1m). Earnings have declined by 1.1% per year over the past 5 years. Market cap is less than US$10m (AU$2.83m market cap, or US$1.84m). Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (AU$5.4m revenue, or US$3.5m). Ankündigung • Nov 29
Jayride Group Limited Announces Resignation of Rod Bishop as Managing Director Jayride Group Limited announced that in line with the Company's Managing Director transition plan announced to ASX on the 31st August, and following his re-election to the board of directors at the Company's 2023 AGM on the 23rd November, Rod Bishop resigned as Managing Director. He will remain with the Company as a non-executive director to assist with Jayride's strategic review. On 31st August Jayride announced to the ASX that Rod Bishop had notified the directors of his intention to transition from the role of Managing Director. Mr. Bishop will remain with the Company as a non-executive director of Jayride as approved by the shareholders at the AGM. He will work together with the board of directors in delivering the Company's strategic review as outlined by the Chairman in his address at the meeting. Ankündigung • Nov 23
Jayride Group Limited Announces Retirement of Sam Saxton as Director Jayride Group Limited announced that Sam Saxton has retired as a director effective at the close of the Annual General Meeting, without seeking re-election. New Risk • Oct 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$13.4m (US$8.53m) 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$5.1m free cash flow). Market cap is less than US$10m (AU$13.4m market cap, or US$8.53m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Revenue is less than US$5m (AU$5.1m revenue, or US$3.2m). Ankündigung • Oct 24
Jayride Group Limited to Report Q1, 2024 Results on Oct 31, 2023 Jayride Group Limited announced that they will report Q1, 2024 results Pre-Market on Oct 31, 2023 Ankündigung • Oct 11
Jayride Group Limited, Annual General Meeting, Nov 23, 2023 Jayride Group Limited, Annual General Meeting, Nov 23, 2023. Ankündigung • Sep 22
Jayride Group Limited Announces Resignation of Delphine Cassidy as Director Jayride Group Limited announced that Delphine Cassidy has resigned as a director of the Company with effect from 22 September 2023. Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.043 loss per share (vs AU$0.029 loss in FY 2022) Full year 2023 results: AU$0.043 loss per share (further deteriorated from AU$0.029 loss in FY 2022). Revenue: AU$5.19m (up 103% from FY 2022). Net loss: AU$8.16m (loss widened 60% from FY 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Ankündigung • Aug 11
Jayride Group Limited Announces Board Changes Jayride Group Limited announced the following changes to the Company's board of directors to position the Company for its next stage of growth. Delphine Cassidy, Chief Communications Officer of Orica is appointed as an independent non-executive director; and Sam Saxton, having been a director since 2012, will retire from the board effective at this year's Annual General Meeting. An accountant by profession, Delphine has spent over 20 years in financial, accounting, and executive roles in ASX 200 companies. Delphine is currently the Chief Communications Officer at Orica where she has been responsible for leading the company through its most important equity market challenges and opportunities, media, and employee engagement environments, and has a deep understanding of corporate governance and risk management issues and frameworks. Previously, Delphine was a Non-Executive Director of Simonds Group where she served as Chair of the Nomination and Remuneration Committee and member of the Audit and Risk Committee. Delphine holds a Bachelor of Accounting, MBA and is a Fellow of the Australian Institute of Company Directors. Delphine's appointment is effective from 11th August 2023 and she will stand for re-election at the Company's 2023 Annual General Meeting. Sam has been a non-executive director of Jayride since the Company's founding in 2012, has been a valued contributor, chairman of the Audit and Risk Committee, and helped to steer Jayride through the Company's public listing in 2018 and COVID-19 events of 2020. Sam remains a supportive shareholder of the Company. Sam's retirement will be effective at the close of the Company's 2023 Annual General Meeting. Recent Insider Transactions • Apr 23
Insider recently bought AU$51k worth of stock On the 21st of April, Alexander Waislitz bought around 385k shares on-market at roughly AU$0.13 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 24
First half 2023 earnings released: AU$1.50 loss per share (vs AU$0.015 loss in 1H 2022) First half 2023 results: AU$1.50 loss per share (further deteriorated from AU$0.015 loss in 1H 2022). Revenue: AU$2.49m (up 182% from 1H 2022). Net loss: AU$2.70m (loss widened 6.1% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Ankündigung • Oct 24
Jayride Group Limited, Annual General Meeting, Nov 23, 2022 Jayride Group Limited, Annual General Meeting, Nov 23, 2022, at 13:00 AUS Eastern Standard Time. Location: Level 2, 11-17 York Street, Sydney NSW 2000 Sydney Nsw 2000 Australia Agenda: To receive the Company's financial statements and the reports of the Directors and the Auditor for the financial year ended 30 June 2022; to consider election of Directors; to Issue Securities to Rod Bishop; to Replace Constitution; to Approve Additional 10% Placement Capacity; and to consider other matters if any. Ankündigung • Oct 21
Jayride Group Limited to Report Q1, 2023 Results on Oct 27, 2022 Jayride Group Limited announced that they will report Q1, 2023 results Pre-Market on Oct 27, 2022 Reported Earnings • Oct 02
Full year 2022 earnings released: AU$0.029 loss per share (vs AU$0.039 loss in FY 2021) Full year 2022 results: AU$0.029 loss per share. Revenue: AU$2.56m (up 237% from FY 2021). Net loss: AU$5.10m (loss widened 14% from FY 2021). Reported Earnings • Aug 26
Full year 2022 earnings released: AU$0.029 loss per share (vs AU$0.039 loss in FY 2021) Full year 2022 results: AU$0.029 loss per share. Revenue: AU$2.56m (up 237% from FY 2021). Net loss: AU$5.10m (loss widened 14% from FY 2021). Ankündigung • Aug 12
Jayride Group Limited Recruits Darren Carbine as Chief Growth Officer Jayride Group Limited announced that it has launched a Europe Growth Hub to be led by newly recruited Chief Growth Officer Darren Carbine. Darren Carbine is an experienced travel industry executive, with global expertise in leadership roles spanning 20 years including for iconic travel brands such as Travelocity, Lastminute.com, Cheapoair, and STA Travel. Darren brings a wealth of knowledge and track record in sales, marketing, operations and trading in high growth travel companies. Ankündigung • May 25
Jayride Group Limited Announces Changes of Company Secretary Jayride Group Limited advises that Company Secretary, Henry Kinstlinger has resigned effective on May 24, 2022. The Company has appointed Sonny Didugu, of Reign Advisory Pty Ltd, to act as Company Secretary with effect from May 24, 2022. Sonny is a corporate lawyer and advisor with significant corporate advisory, company secretarial, and listed entity compliance experience. Sonny is a Member of the Australian Institute of Company Directors and holds a Bachelor of Laws (Honours). Ankündigung • Apr 20
Jayride Group Limited to Report Q3, 2022 Results on Apr 28, 2022 Jayride Group Limited announced that they will report Q3, 2022 results Pre-Market on Apr 28, 2022 Ankündigung • Apr 08
Jayride Group Limited Provides Earnings Guidance for the Fourth Quarter 2022 Jayride Group Limited provided earnings guidance for the fourth quarter 2022. The company expects continued growth in fourth quarter 2022 in passenger trips booked, net revenue, and contribution pro?ts compared to the prior quarter and PCP. Reported Earnings • Feb 24
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.015 loss per share (up from AU$0.02 loss in 1H 2021). Revenue: AU$883.2k (up 311% from 1H 2021). Net loss: AU$2.55m (loss widened 19% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 04
Full year 2021 earnings released: AU$0.039 loss per share (vs AU$0.076 loss in FY 2020) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: AU$759.4k (down 77% from FY 2020). Net loss: AU$4.49m (loss narrowed 37% from FY 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 27
Full year 2021 earnings released: AU$0.039 loss per share (vs AU$0.076 loss in FY 2020) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: AU$1.62m (down 50% from FY 2020). Net loss: AU$4.49m (loss narrowed 37% from FY 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Ankündigung • Jun 17
Jayride Group Limited has completed a Follow-on Equity Offering in the amount of AUD 10.0002 million. Jayride Group Limited has completed a Follow-on Equity Offering in the amount of AUD 10.0002 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 47,620,000
Price\Range: AUD 0.21
Discount Per Security: AUD 0.0042
Transaction Features: Subsequent Direct Listing Executive Departure • Apr 03
Independent Chairman Andrey Shirben has left the company On the 31st of March, Andrey Shirben's tenure as Independent Chairman ended after 8.7 years in the role. As of December 2020, Andrey personally held only 441.24k shares (AU$64k worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • Feb 28
First half 2021 earnings released: AU$0.02 loss per share (vs AU$0.048 loss in 1H 2020) The company reported a soft first half result with weaker revenues and control over costs, although losses reduced. First half 2021 results: Revenue: AU$215.2k (down 91% from 1H 2020). Net loss: AU$2.15m (loss narrowed 48% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Ankündigung • Jan 15
Jayride Group Limited Announces Resignation of Andrey Shirben, Chair of Jayride from the Board on March 31, 2021 Jayride Group Limited announced that Mr. Andrey Shirben, Chair of Jayride, intends to resign from the Board on 31st March 2021. Mr. Shirben will be leaving Jayride to launch a new business venture in a full-time capacity. Mr. Shirben has been Chair of Jayride since the Company listed on ASX in January 2018 and has been a non-executive director since its founding in 2012. During his time on the Board, he has made an instrumental and much valued contribution to the Company. The company has commenced a comprehensive search process to identify and appoint a new independent, non executive Chair to steer Jayride through the next stage of its long-term
growth trajectory. Ankündigung • Nov 20
Jayride Group Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million. Jayride Group Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,666,666
Price\Range: AUD 0.15 Reported Earnings • Oct 03
Full year earnings released - AU$0.076 loss per share Over the last 12 months the company has reported total losses of AU$7.09m, with losses narrowing by 14% from the prior year. Total revenue was AU$3.24m over the last 12 months, down 1.5% from the prior year. Recent Insider Transactions • Sep 23
Insider recently sold AU$331k worth of stock On the 22nd of September, Zhongyuan Lin sold around 3m shares on-market at roughly AU$0.10 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$296k more than they bought in the last 12 months.