Anuncio • Mar 05
Scout Security Limited has completed a Follow-on Equity Offering in the amount of AUD 1.05 million. Scout Security Limited has completed a Follow-on Equity Offering in the amount of AUD 1.05 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,625,000
Price\Range: AUD 0.4
Transaction Features: Subsequent Direct Listing Anuncio • Oct 02
Scout Security Limited, Annual General Meeting, Nov 26, 2025 Scout Security Limited, Annual General Meeting, Nov 26, 2025. Anuncio • Sep 12
Scout Security Limited announced that it has received AUD 0.6 million in funding Scout Security Limited has has announced it has received AU 600,000 in connection with a placement of 1,500,000 fully paid ordinary shares in the capital at an issue price of $0.40 per share, which forms the first tranche of a planned broader equity capital raising. The Shares under the Placement will be issued out of the Company's placement capacity under ASX Listing Rule 7.1. Anuncio • Nov 03
Scout Security Limited (ASX:SCT) signed a letter of intent to acquire Roo Inc. Scout Security Limited (ASX:SCT) signed a letter of intent to acquire Roo Inc. on November 1, 2024. Anuncio • Sep 16
Scout Security Limited, Annual General Meeting, Nov 14, 2024 Scout Security Limited, Annual General Meeting, Nov 14, 2024. Anuncio • Aug 14
Scout Security Limited has completed a Follow-on Equity Offering in the amount of AUD 0.37542 million. Scout Security Limited has completed a Follow-on Equity Offering in the amount of AUD 0.37542 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 29,604,957
Price\Range: AUD 0.004
Discount Per Security: AUD 0.00024
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 64,250,000
Price\Range: AUD 0.004
Discount Per Security: AUD 0.00024
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Anuncio • Jun 13
Scout Security Limited has filed a Follow-on Equity Offering in the amount of AUD 1.57 million. Scout Security Limited has filed a Follow-on Equity Offering in the amount of AUD 1.57 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 277,855,000
Price\Range: AUD 0.004
Discount Per Security: AUD 0.00032
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 114,645,000
Price\Range: AUD 0.004
Discount Per Security: AUD 0.00032
Security Features: Attached Options
Transaction Features: Rights Offering Board Change • Feb 27
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 Chairman of the Board Martin Pretty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 16
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 Chairman of the Board Martin Pretty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Sep 14
Scout Security Limited, Annual General Meeting, Nov 16, 2023 Scout Security Limited, Annual General Meeting, Nov 16, 2023, at 11:00 E. Australia Standard Time. New Risk • Aug 31
New major risk - Revenue and earnings growth Earnings have declined by 3.9% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$3.4m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Negative equity (-AU$4.5m). Earnings have declined by 3.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Market cap is less than US$10m (AU$5.07m market cap, or US$3.28m). Minor Risk Revenue is less than US$5m (AU$1.7m revenue, or US$1.1m). Reported Earnings • Aug 31
Full year 2023 earnings released: AU$0.022 loss per share (vs AU$0.022 loss in FY 2022) Full year 2023 results: AU$0.022 loss per share (in line with FY 2022). Revenue: AU$1.66m (down 62% from FY 2022). Net loss: AU$4.54m (loss widened 38% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. New Risk • Jun 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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.5m free cash flow). Negative equity (-AU$2.2m). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Market cap is less than US$10m (AU$4.84m market cap, or US$3.29m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (AU$2.8m revenue, or US$1.9m). Reported Earnings • Mar 03
First half 2023 earnings released: AU$0.01 loss per share (vs AU$0.013 loss in 1H 2022) First half 2023 results: AU$0.01 loss per share. Revenue: AU$860.1k (down 64% from 1H 2022). Net loss: AU$1.92m (flat on 1H 2022). Board Change • Feb 04
Less than half of directors are independent Following CEO & Director Ryan McCall's arrival on 01 February 2023, 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 Chairman of the Board Martin Pretty was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Feb 03
Scout Security Appoints CEO Ryan Mccall to the Board Scout Security Limited announced the appointment of Chief Executive Officer Ryan McCall to the Company's board of directors, effective February 1, 2023. Mr. McCall was appointed to the role of CEO in January 2022 on the back of 14 years of business and people leadership in consumer technology businesses, with a focus on growing revenue and profitability. Mr. McCall came to Scout with a background in both engineering and technology sales. He led the global commercial team for software, SaaS and Data-as-a-Service business Futuremark and prior to that managed the global business development team for Avery Dennison, bringing it into the consumer electronics space.Since Mr. McCall's appointment as an executive 12 months ago he has led the Company in scaling up its commercial partnerships. The company today reported $1.1 million in Annualised Recurring Revenue (ARR), up from ~$500k a year earlier, primarily driven by the award-winning initial roll-out of Scout's offering by US regional telecommunications company Windstream during calendar 2022 (the Broadband Multimedia Marketing Association (BMMA) awarded the 2022 Partnership Award to Windstream and Scout as part of the Best in Class Marketing awards). Under Mr. McCall's tenure, Scout has also locked in agreements with leading US telecommunications company Lumen, for which development work is currently proceeding ahead of the launch of its white-labeled Scout offering. Anuncio • Sep 14
Scout Security Limited, Annual General Meeting, Nov 16, 2022 Scout Security Limited, Annual General Meeting, Nov 16, 2022, at 11:01 AUS Eastern Standard Time. Anuncio • Sep 07
Scout Security Limited has completed a Follow-on Equity Offering in the amount of AUD 0.93 million. Scout Security Limited has completed a Follow-on Equity Offering in the amount of AUD 0.93 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,000,000
Price\Range: AUD 0.03
Transaction Features: Subsequent Direct Listing Reported Earnings • Sep 02
Full year 2022 earnings released: AU$0.022 loss per share (vs AU$0.029 loss in FY 2021) Full year 2022 results: AU$0.022 loss per share (up from AU$0.029 loss in FY 2021). Revenue: AU$4.31m (up 158% from FY 2021). Net loss: AU$3.28m (loss narrowed 17% from FY 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Anuncio • Jul 05
Scout Security Limited Announces Change of Company Secretary Scout Security Ltd. announce the appointment of Kim Clark as Company Secretary, replacing Stuart Usher in the role, effective 4 July 2022. Clark is an experienced business professional with m ore than 20 years in banking and finance, and nearly 17 years as a Company Secretary to other ASX-listed entities. Her experience includes debt and capital raising, risk management, mergers and acquisitions, compliance, and governance. As Head of Corporate Services for BoardRoom Australia in Queensland, Clark provides company secretarial services to a range of private and public companies, along with business development expertise. Usher is stepping down due to the Company s strategic decision to move operations to the east coast. Anuncio • Dec 23
Scout Security Limited announced that it expects to receive AUD 0.65 million in funding Scout Security Limited announced a private placement of 2,285,714 shares at a price of AUD 0.0875 for the proceeds of AUD 200,000 and Convertible Notes for the proceeds of AUD 450,000 for the aggregate proceeds of AUD 650,000 on December 23, 2021. The shares will be subscribed by all members of the Company’s board of directors and Convertible Notes to institutional and sophisticated investors, all subject to shareholder approval. Reported Earnings • Oct 04
Full year 2021 earnings released: AU$0.029 loss per share (vs AU$0.013 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: AU$1.67m (down 47% from FY 2020). Net loss: AU$3.94m (loss widened 148% from FY 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 02
Full year 2021 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: AU$1.67m (down 47% from FY 2020). Net loss: AU$3.94m (loss widened 148% from FY 2020). Board Change • Aug 26
High number of new directors Independent Non-Executive Chairman of the Board Martin Pretty was the last director to join the board, commencing their role in 2021. Anuncio • Jan 01
Scout Security Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Scout Security Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,222,222
Price\Range: AUD 0.135
Transaction Features: Subsequent Direct Listing Anuncio • Nov 24
Scout Security Limited, Annual General Meeting, Dec 23, 2020 Scout Security Limited, Annual General Meeting, Dec 23, 2020, at 10:30 W. Australia Standard Time. Location: The offices of Advanced Share Registry 110 Stirling Highway Nedlands Western Australia Australia Agenda: To consider the annual financial report of the Company for the financial year ended 30 June 2020; to adoption of remuneration report; to election of director MR MARTIN PRETTY; to re-election of director MR ANTHONY BROWN and MR DAVID SHAPIRO; to ratification of prior issue of securities under convertible note facility; to ratification of prior issue of options broker options; and to consider other matter. Anuncio • Nov 12
Scout Security Limited announced that it expects to receive AUD 3 million in funding Scout Security Limited (ASX:SCT) announced a private placement of 22,222,222 shares at a price of AUD 0.135 per share for gross proceeds of AUD 3,000,000 on November 11, 2020. The transaction will include participation from sophisticated investors. The placement will be completed in two tranches, 13,723,980 shares to be issued under the company’s placement capacity and 8,498,242 shares are subject to shareholder approval. Anuncio • Nov 11
Scout Security Limited Secures New Partner Windstream in Strategic US Telco Market Scout Security Limited announced an expansion in its white label program with the signing of a Master Services Agreement with Windstream Services, LLC. The agreement will see Windstream license and brand Scout's end-to-end home security platform and hardware suite for distribution to new and existing Windstream customers in the US market under Windstream's Kinetic Secure Home brand. Per the Master Services Agreement, the parties will agree a separate Scope of Work ("SOW") which will specify Windstream's `Kinetic Secure Home' branding customisation requirements and other system integrations. Per the Master Services agreement, Windstream will pay a Development and Integration fee to Scout for development work specified on the SOW. The SOW is being finalised however, should Windstream progress with the development and integration under the Master Services Agreement, Scout estimates Development and Integration Services fees will total USD 55,000 (AUD 77,000). In addition Windstream will pay monthly License and Service Fees for each active system over the term of the Agreement (initial term of 12 months, auto-renewing), which includes the fees for cloud video storage and professional security monitoring provided by Scout, the quantum of which is to be determined after the initial development and integration activities are completed. Reported Earnings • Oct 02
Full year earnings released - AU$0.013 loss per share Over the last 12 months the company has reported total losses of AU$1.59m, with losses narrowing by 56% from the prior year. Total revenue was AU$3.12m over the last 12 months, up 7.5% from the prior year. Anuncio • Jul 18
Scout Security Limited announced that it expects to receive AUD 2 million in funding Scout Security Limited (ASX:SCT) announced a private placement of convertible notes for gross proceeds of up to AUD 2,000,000 on July 16, 2020. the company will also issue 49,114,498 options. The transaction will include participation from clients of Gleneagle Securities (Aust) Pty Limited, existing shareholders, institutional and sophisticated Investors. The term of the note is 2 years. Each note may be converted into one fully paid ordinary share in the capital of the company at the conversion price. The conversion price of the note will be the lower of AUD 0.07 or a 20% discount to any future equity issuance by the company, subject to a floor price of AUD 0.03. Interest for the note is 5% is payable on drawn funds, accruing daily and payable quarterly. the company will receive first drawdown of AUD 750,000 will occur July 22, 2020 with company having the right at any time after to draw down remaining AUD1,250,000. 