Recent Insider Transactions • Apr 07
Insider recently sold AU$5.1m worth of stock On the 4th of April, Robert Bromage sold around 21m shares on-market at roughly AU$0.24 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$7.1m more than they bought in the last 12 months. Reported Earnings • Mar 03
First half 2023 earnings released: AU$0.012 loss per share (vs AU$0.015 loss in 1H 2022) First half 2023 results: AU$0.012 loss per share (improved from AU$0.015 loss in 1H 2022). Revenue: AU$3.89m (up 83% from 1H 2022). Net loss: AU$3.93m (loss narrowed 15% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Feb 01
Accel-KKR LLC agreed to acquire intelliHR Limited (ASX:IHR) from COLINTON CAPITAL PARTNERS FUND I (A) PTY LTD managed by Colinton Capital Partners Pty Ltd and others for AUD0.11 per share. Accel-KKR LLC agreed to acquire intelliHR Limited (ASX:IHR) from COLINTON CAPITAL PARTNERS FUND I (A) PTY LTD managed by Colinton Capital Partners Pty Ltd and others for AUD0.11 per share on January 31, 2023. The deal is subject to approval from court, regulatory body, intelliHR Limited (ASX:IHR) board and shareholders. The deal is expected to close in Late April 2023 to Mid may 2023. Colin Biggers & Paisley Pty Ltd acted as legal advisor to intelliHR Limited (ASX:IHR) and Johnson Winter & Slattery acted as legal advisor to Accel-KKR LLC. Board Change • Nov 16
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. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Chairman Tony Bellas is the most experienced director on the board, commencing their role in 2016. Independent Non-Executive Director David Slocomb was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Anuncio • Oct 11
intelliHR Limited, Annual General Meeting, Nov 24, 2022 intelliHR Limited, Annual General Meeting, Nov 24, 2022, at 09:00 E. Australia Standard Time. Anuncio • Sep 16
intelliHR Limited Announces Executive Changes intelliHR Limited has announced the appointment of Company Secretary Suzanne Yeates as its Chief Financial Officer. She was IHR's first CFO, and has been a valued and trusted member of the IHR team for many years. Suzanne is a Chartered Accountant with over 20 years experience as CFO and/or Company Secretary for a number of ASX-listed companies, including Novonix NVX and Corporate Travel Management CTD. She is the Founder and Principal of Brisbane based Outsourced Accounting Solutions. Current CFO Paul Trappett to leave the company. Reported Earnings • Sep 02
Full year 2022 earnings released: AU$0.028 loss per share (vs AU$0.029 loss in FY 2021) Full year 2022 results: AU$0.028 loss per share. Revenue: AU$5.59m (up 112% from FY 2021). Net loss: AU$8.99m (loss widened 18% from FY 2021). Board Change • Apr 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. 4 non-independent directors. Independent Non-Executive Director David Slocomb 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. Reported Earnings • Feb 21
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.015 loss per share (down from AU$0.012 loss in 1H 2021). Revenue: AU$2.13m (up 109% from 1H 2021). Net loss: AU$4.60m (loss widened 52% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Dec 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. 4 non-independent directors. Independent Non-Executive Director David Slocomb 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. Executive Departure • Dec 01
Independent Non-Executive Director Jamie Duffield has left the company On the 30th of November, Jamie Duffield's tenure as Independent Non-Executive Director ended after 5.0 years in the role. We don't have any record of a personal shareholding under Jamie's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.96 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Dec 01
Independent Non-Executive Director Gregory Baynton has left the company On the 30th of November, Gregory Baynton's tenure as Independent Non-Executive Director ended after 5.0 years in the role. As of September 2021, Gregory still personally held 6.86m shares (AU$1.5m worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.96 years, which is considered inexperienced in the Simply Wall St Risk Model. Anuncio • Nov 30
intelliHR Limited announced that it expects to receive AUD 0.4 million in funding intelliHR Limited announced a private placement of 2,000,000 shares at issue price of AUD 0.2 per share for gross proceeds of AUD 400,000 on November 30, 2021. The transaction includes participation from Matt Donovan, Non-Executive Director of the company. The transaction is expected to close on December 3, 2021. Anuncio • Sep 19
intelliHR Limited announced that it expects to receive AUD 11.5 million in funding from Colinton Capital Partners Pty Ltd and other investors intelliHR Limited announced private placement of 50,000,000 shares at a price of AUD 0.23 per share for gross proceeds of AUD 11,500,000 on September 17, 2021. The transaction will include participation from leading Australian and offshore institutional and sophisticated investors including returning investor Colinton Capital Partners Pty Ltd for 3,621,740 shares which be subject to shareholder approval at the annual general meeting of the Company in November 2021. The company will issue 46,378,260 shares without shareholder approval and 28,144,568 shares under ASX Listing Rule 7.1A and 18,233,692 shares under ASX Listing Rule 7.1. Settlement for 46,378,260 is expected to take place on or around September 24, 2021, with new Shares to be issued on September 27, 2021. Under a managed sell-down process, an additional AUD 1,500,000 will be placed by the Joint-Lead Managers. Reported Earnings • Aug 24
Full year 2021 earnings released: AU$0.029 loss per share (vs AU$0.028 loss in FY 2020) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: AU$2.81m (up 125% from FY 2020). Net loss: AU$7.63m (loss widened 58% from FY 2020). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions Derivative • May 11
Founder exercised options to buy AU$98k worth of stock. On the 7th of May, Robert Bromage exercised options to buy 417k shares at a strike price of around AU$0.30, costing a total of AU$125k. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. Since June 2020, Robert's direct individual holding has increased from 22.56m shares to 27.08m. Company insiders have collectively bought AU$174k more than they sold, via options and on-market transactions, in the last 12 months. Executive Departure • May 07
Independent Non-Executive Director has left the company On the 30th of April, Alan Bignell's tenure as Independent Non-Executive Director ended after 1.6 years in the role. As of December 2020, Alan personally held 247.96k shares (AU$120k worth at the time). A total of 2 executives have left over the last 12 months. Is New 90 Day High Low • Mar 05
New 90-day low: AU$0.32 The company is down 15% from its price of AU$0.38 on 04 December 2020. The Australian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 13% over the same period. Reported Earnings • Feb 20
First half 2021 earnings released: AU$0.012 loss per share (vs AU$0.015 loss in 1H 2020) The company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: AU$979.1k (up 81% from 1H 2020). Net loss: AU$3.03m (loss widened 31% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Anuncio • Feb 19
Intellihr Limited Announces Appointment of Ilona Charles as a Non-Executive Director INTELLIHR LIMITED announced that Ilona Charles has joined the Board of intelliHR Limited as a non-executive Director effective today. Ilona Charles is an experienced executive with an extensive career in human resources, transformation and change across multiple industries. She has been the Chief People officer for Aconex, CSIRO and Medibank and has held senior executive director roles with Telstra and NAB. Ilona is a Non-Executive Director with Goulburn Valley Health and LaunchVic and holds an advisory role to the People Committee and Board of the Burnet Institute. Ilona brings a wealth of experience and a unique combination of skills in HR, SaaS, start-ups and corporates and is passionate about supporting and enabling fast growth companies. She is the co-founder of shilo., a national HR consultancy providing world class on-demand HR talent. Ilona is also the founder of pivotnow, a strategic advisory business with a focus on people. Is New 90 Day High Low • Jan 04
New 90-day high: AU$0.54 The company is up 157% from its price of AU$0.21 on 06 October 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 17% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: AU$0.40 The company is up 90% from its price of AU$0.21 on 16 September 2020. The Australian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 20% over the same period. Is New 90 Day High Low • Nov 30
New 90-day high: AU$0.30 The company is up 9.0% from its price of AU$0.28 on 01 September 2020. The Australian market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Software industry, which is up 11% over the same period. Anuncio • Sep 11
intelliHR Limited announced that it has received AUD 2.5 million in funding from Slattery Family Trust On September 11, 2020, intelliHR Limited (ASX:IHR) closed the transaction. The company issued 30,601,377 shares to receive AUD 2,295,103 in its second and final tranche. Anuncio • Sep 09
intelliHR Limited has completed a Follow-on Equity Offering in the amount of AUD 3.061561 million. intelliHR Limited has completed a Follow-on Equity Offering in the amount of AUD 3.061561 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,820,819
Price\Range: AUD 0.075
Discount Per Security: AUD 0
Transaction Features: Rights Offering Anuncio • Aug 07
intelliHR Limited announced that it expects to receive AUD 2.5 million in funding from Slattery Family Trust intelliHR Limited (ASX:IHR) announced private placement of 33,333,333 shares at a price of AUD 0.075 per share for gross proceeds of AUD 2,500,000 to new investor Slattery Family Trust on August 6, 2020. The investor will acquire 12.24% stake in the company. The shares will be issued in 2 tranches with first tranche of 2,731,956 shares will be issued on August 10, 2020, and second tranche of 30,601,377 shares to be issued subject to shareholder approval, which will be sought at a shareholder meeting to be held on September 10, 2020. The transaction has been approved by the board of directors of the company. 