Anuncio • Jan 02
Adneo Limited Announces Changes to Its Board, Effective from January 2, 2026 AdNeo Limited announced the appointment of Charly Duffy and Shelby Coleman of cdPlus Corporate Services as joint company secretaries of the Company effective January 2, 2026. Ms Duffy has a Bachelor of Law and Graduate Diploma of Applied Corporate Governance. Charly is a qualified and practising corporate and commercial lawyer with extensive experience in private practice and is the director and principal of cdPlus Corporate Services, a company secretarial services business, and also partner of Coghlan Duffy Lawyers. Charly brings extensive legal experience with a particular focus on equity capital markets, mergers and acquisitions, corporate governance, initial public offerings, secondary capital raisings, business and share sale transactions, takeovers, takeovers panel proceedings, financing, ASIC and ASX compliance and all aspects of general corporate and commercial law. Ms Coleman has broad experience in ASX and ASIC compliance, providing advice on corporate governance and other regulatory matters for ASX listed companies across a range of industries. Ms Coleman holds a Bachelor of Laws and a Bachelor of Arts from Victoria University of Wellington, and is an Affiliate member of the Governance Institute of Australia. The Company advised that Mr. Justin Mouchacca has tendered his resignation as Company Secretary effective from January, 2026. Anuncio • Sep 27
AdNeo Limited, Annual General Meeting, Nov 21, 2025 AdNeo Limited, Annual General Meeting, Nov 21, 2025. Anuncio • Sep 10
AdNeo Limited (ASX:AD1) acquired all assets and IP of Aspire Learning Resources for approximately AUD 0.1 million. AdNeo Limited (ASX:AD1) acquired all assets and IP of Aspire Learning Resources for approximately AUD 0.1 million on September 9, 2025.
AdNeo Limited (ASX:AD1) completed the acquisition of all assets and IP of Aspire Learning Resources on September 9, 2025. Anuncio • Jun 12
AdNeo Limited has completed a Follow-on Equity Offering in the amount of AUD 5.5 million. AdNeo Limited has completed a Follow-on Equity Offering in the amount of AUD 5.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 88,888,889
Price\Range: AUD 0.045
Discount Per Security: AUD 0.0027
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 33,333,333
Price\Range: AUD 0.045
Discount Per Security: AUD 0.0027
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Anuncio • Oct 14
AD1 Holdings Limited, Annual General Meeting, Nov 29, 2024 AD1 Holdings Limited, Annual General Meeting, Nov 29, 2024. Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.001 loss per share (vs AU$0.012 loss in FY 2023) Full year 2024 results: AU$0.001 loss per share (improved from AU$0.012 loss in FY 2023). Revenue: AU$5.83m (down 9.0% from FY 2023). Net loss: AU$1.31m (loss narrowed 84% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings. New Risk • Aug 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% 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. Negative equity (-AU$1.1m). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Market cap is less than US$10m (AU$6.58m market cap, or US$4.36m). Minor Risk Revenue is less than US$5m (AU$5.1m revenue, or US$3.4m). Board Change • Jul 10
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Angus Washington was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 08
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Angus Washington was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Feb 29
New major risk - Negative shareholders equity The company has negative equity. Total equity: -AU$1.1m 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$749k free cash flow). Shares are highly illiquid. Negative equity (-AU$1.1m). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (AU$4.51m market cap, or US$2.93m). Minor Risks Shareholders have been diluted in the past year (29% increase in shares outstanding). Revenue is less than US$5m (AU$5.6m revenue, or US$3.6m). Anuncio • Sep 29
AD1 Holdings Limited, Annual General Meeting, Nov 28, 2023 AD1 Holdings Limited, Annual General Meeting, Nov 28, 2023. Agenda: To consider the re-election and appointment of directors. Anuncio • Sep 13
AD1 Holdings Limited Appoints Bijay Alex Mathew as Chief Revenue Officer -Strategic Partnerships & Acquisitions of Art of Mentoring AD1 Holdings Limited announced the appointment of Mr. Bijay Alex Mathew to the role of Chief Revenue Officer -Strategic Partnerships & Acquisitions (CRO-SP&A) of Art of Mentoring (AoM). Over the last year AoM has witnessed significant growth in North America with the signing of multiple new customers including key government departments. The Company believes it is well-positioned to capture further market share and has appointed Mr. Mathew in the newly established role of CRO-SP&A, further strengthening AoM's continued expansion and success in the US market. Bijay, a US citizen and resident, has extensive experience in the region and is a tech industry veteran, with over two decades of leadership experience, most recently as Vice President of Enterprise Sales, Americas at Panopto. He has held sales leadership roles at Chatfuel, Community Brands, and Verizon where he spent 12 years leading retail, SMB, and enterprise sales teams. His appointment allows AoM CEO, Alex Richardson to return to Australia in September once a successful transition has been completed to focus on continued growth and execution of pipeline across the AoM business. Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.01 loss per share (vs AU$0.004 loss in FY 2022) Full year 2023 results: AU$0.01 loss per share (further deteriorated from AU$0.004 loss in FY 2022). Revenue: AU$8.28m (up 38% from FY 2022). Net loss: AU$5.82m (loss widened 118% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. New Risk • Aug 30
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 Less than 1 year of cash runway based on free cash flow trend (-AU$3.6m free cash flow). Shares are highly illiquid. Market cap is less than US$10m (AU$6.04m market cap, or US$3.91m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (23% increase in shares outstanding). Revenue is less than US$5m (AU$6.5m revenue, or US$4.2m). Board Change • Jul 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. MD, CEO & Director Brendan Kavenagh was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 13
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. MD, CEO & Director Brendan Kavenagh was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 04
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. MD, CEO & Director Brendan Kavenagh was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. MD, CEO & Director Brendan Kavenagh was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. MD, CEO & Director Brendan Kavenagh was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 04
First half 2023 earnings released: AU$0.009 loss per share (vs AU$0.003 loss in 1H 2022) First half 2023 results: AU$0.009 loss per share (further deteriorated from AU$0.003 loss in 1H 2022). Revenue: AU$3.86m (up 27% from 1H 2022). Net loss: AU$6.49m (loss widened 203% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 13% per year. Anuncio • Jan 20
AD1 Holdings Limited Announces Resignation of Andrew Henderson from the Board AD1 Holdings Limited announced that due to personal reasons, Mr. Andrew Henderson has resigned from the Board effective immediately. Board Change • Jan 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD, CEO & Director Brendan Kavenagh was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD, CEO & Director Brendan Kavenagh was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 02
Full year 2022 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in FY 2021) Full year 2022 results: AU$0.004 loss per share (in line with FY 2021). Revenue: AU$5.99m (up 12% from FY 2021). Net loss: AU$2.67m (loss widened 20% from FY 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Sep 08
Non-Executive Director recently bought AU$93k worth of stock On the 5th of September, Michael Norster bought around 4m shares on-market at roughly AU$0.025 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. Insiders have collectively bought AU$272k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 27
Full year 2022 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in FY 2021) Full year 2022 results: AU$0.004 loss per share (vs AU$0.004 loss in FY 2021). Revenue: AU$7.80m (up 46% from FY 2021). Net loss: AU$2.67m (loss widened 20% from FY 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Jul 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD, CEO & Director Brendan Kavenagh was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD, CEO & Director Brendan Kavenagh was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD, CEO & Director Brendan Kavenagh was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 10
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD, CEO & Director Brendan Kavenagh was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 04
Full year 2021 earnings released: AU$0.004 loss per share (vs AU$0.004 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$5.34m (up 57% from FY 2020). Net loss: AU$2.22m (loss widened 1.8% from FY 2020). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Full year 2021 earnings released: AU$0.004 loss per share (vs AU$0.004 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$6.04m (up 78% from FY 2020). Net loss: AU$2.22m (loss widened 1.8% from FY 2020). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Executive Departure • Jul 15
Interim CEO, MD, CFO, Company Secretary & Director Prashant Chandra has left the company On the 7th of July, Prashant Chandra was replaced as CEO by Brendan Kavenagh after 1.7 years in the role. As of March 2021, Prashant still personally held only 222.22k shares (AU$2.7k worth at the time). Prashant is the only executive to leave the company over the last 12 months. Under Prashant's leadership, the company delivered a total shareholder return of 177%.