Annonce • Aug 22
BSA Limited Auditor Raises 'Going Concern' Doubt BSA Limited filed its Annual on Aug 20, 2026 for the period ending Jun 30, 2026. In this report its auditor, BDO LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Reported Earnings • Aug 21
Full year 2026 earnings released: EPS: AU$0.057 (vs AU$0.05 in FY 2025) Full year 2026 results: EPS: AU$0.057 (up from AU$0.05 in FY 2025). Revenue: AU$32.1m (down 89% from FY 2025). Net income: AU$4.27m (up 14% from FY 2025). Profit margin: 13% (up from 1.3% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jul 21
Non-Executive Chairman recently bought AU$59k worth of stock On the 15th of July, David Geraghty bought around 198k shares on-market at roughly AU$0.30 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$207k. David has been a buyer over the last 12 months, purchasing a net total of AU$451k worth in shares. Recent Insider Transactions • Jul 13
Non-Executive Chairman recently bought AU$207k worth of stock On the 10th of July, David Geraghty bought around 689k shares on-market at roughly AU$0.30 per share. This transaction amounted to 58% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of AU$392k worth in shares. Annonce • Jun 20
BSA Limited Announces Resignation of Nicholas Yates from Non-Executive Director Role, Effective June 19, 2026 BSA Limited announced that Mr. Nicholas Yates resigned from his position as Non-Executive Director of the Company, effective June 19, 2026. The Company agreed to enter into a consulting arrangement with Mr. Yates for a period of six months following his resignation. Mr. Yates' resignation was not the result of any disagreement with the Board or management of the Company. Recent Insider Transactions • Jun 12
Non-Executive Chairman recently bought AU$79k worth of stock On the 10th of June, David Geraghty bought around 267k shares on-market at roughly AU$0.30 per share. This transaction increased David's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of AU$168k worth in shares. Annonce • May 02
BSA Limited (ASX:BSA) announces an Equity Buyback for 7,530,026 shares, representing 10% for AUD 2.37 million. BSA Limited (ASX:BSA) announces a share repurchase program. Under the program, the company will repurchase 7,530,026 shares, representing 10% of its shares, for AUD 2.37 million. The program aims to return surplus capital to shareholders while maintaining sufficient flexibility to support the company’s ongoing operations and growth initiatives. The program will expire on May 5, 2027. As of April 30, 2026, the company has 75,300,261 shares on issue. Recent Insider Transactions • Mar 13
Non-Executive Chairman recently bought AU$59k worth of stock On the 6th of March, David Geraghty bought around 150k shares on-market at roughly AU$0.39 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth AU$206k. This was David's only on-market trade for the last 12 months. Reported Earnings • Feb 21
First half 2026 earnings released: EPS: AU$0.084 (vs AU$0.11 in 1H 2025) First half 2026 results: EPS: AU$0.084 (down from AU$0.11 in 1H 2025). Revenue: AU$23.4m (down 84% from 1H 2025). Net income: AU$6.34m (down 19% from 1H 2025). Profit margin: 27% (up from 5.3% in 1H 2025). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Feb 13
Chairman of the Board recently bought AU$206k worth of stock On the 10th of February, Daniel Raihani bought around 1m shares on-market at roughly AU$0.21 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Daniel has been a buyer over the last 12 months, purchasing a net total of AU$2.1m worth in shares. New Risk • Feb 09
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 14% 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: Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (AU$15.1m market cap, or US$10.6m). Annonce • Jan 28
Bsa Limited Announces Board Changes, Effective January 26, 2026 BSA Limited announced changes to its Board, all effective January 26, 2026. Mr. Paul Heick and Mr. Warwick Sauer have resigned as Directors of BSA Limited. Mr. Nick Yates has stepped down as Chair of the Board. The Board has appointed Mr. Daniel Raihani as Chair of BSA Limited. Mr. Raihani has been a member of the BSA Board since September 25, 2025 and brings extensive experience across finance, operations and corporate governance, including substantial ASX board experience. Mr. Raihani is also a Director of 7 Enterprises Pty Ltd. The Board has appointed Mr. Piers Lewis as an additional Non-Executive Director of BSA Limited. Mr. Lewis has over 25 years’ corporate advisory experience across Australia, Asia and Europe. He qualified as a Chartered Accountant with Deloitte (Perth) in 2001 and has held senior roles with Credit Suisse (London), Mizuho International, ABN Amro and NAB Capital. Mr. Lewis currently holds the following roles: Non-Executive Chair, OD6 Metals Limited (ASX: OD6); Non-Executive Director, Noronex Limited (ASX: NRX); Company Secretary, Grange Resources Limited (ASX: GRR); Company Secretary, Almonty Industries Inc. (ASX: AII). The Board has appointed Mr. Robert Featherby as Company Secretary, effective immediately. Mr. Featherby has sufficient experience and qualifications to perform the role of Company Secretary. Ms. Nanda Herling has resigned as Company Secretary effective immediately. Annonce • Sep 29
BSA Limited, Annual General Meeting, Nov 25, 2025 BSA Limited, Annual General Meeting, Nov 25, 2025. Recent Insider Transactions • Sep 26
Insider recently bought AU$479k worth of stock On the 18th of September, Daniel Raihani bought around 3m shares on-market at roughly AU$0.15 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$841k. Insiders have collectively bought AU$1.0m more in shares than they have sold in the last 12 months. Reported Earnings • Aug 31
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: AU$0.05 (down from AU$0.26 in FY 2024). Revenue: AU$287.0m (up 12% from FY 2024). Net income: AU$3.73m (down 80% from FY 2024). Profit margin: 1.3% (down from 7.4% in FY 2024). Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 77%. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Annonce • Jun 30
Bsa Limited Announces Resignation of Arjan Van Ameyde as Chief Financial Officer BSA Limited announced that Arjan van Ameyde, Chief Financial Officer, has tendered his resignation in order to pursue an exciting new opportunity. Arjan will remain with the business during a transition period to ensure a smooth handover. Annonce • Apr 01
BSA Limited Announces Resignation of Chris Halios-Lewis as Non-Executive Director, Effective 24 April 2025 BSA Limited advised that Mr. Chris Halios-Lewis has notified the board of his intention to resign as a Non-Executive Director of BSA Limited effective 24 April 2025. The Board recognized and acknowledged Chris's contribution to BSA over the past 5 years and wishes him well in his future pursuits. Reported Earnings • Feb 24
First half 2025 earnings released: EPS: AU$0.11 (vs AU$0.11 in 1H 2024) First half 2025 results: EPS: AU$0.11. Revenue: AU$148.3m (up 22% from 1H 2024). Net income: AU$7.87m (up 1.8% from 1H 2024). Profit margin: 5.3% (down from 6.4% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Construction industry in Australia. Annonce • Feb 18
BSA Limited Announces Resignation of David Prescott as A Director BSA Limited announced that Mr. David Prescott will resign as a Director of BSA Limited effective immediately on 17 February 2025. New Risk • Feb 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 26% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings are forecast to decline by an average of 5.1% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (AU$73.9m market cap, or US$47.0m). Annonce • Jan 28
BSA Limited to Report First Half, 2025 Results on Feb 20, 2025 BSA Limited announced that they will report first half, 2025 results on Feb 20, 2025 Major Estimate Revision • Jan 25
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from AU$290.0m to AU$300.0m. EPS estimate increased from AU$0.192 to AU$0.214 per share. Net income forecast to shrink 14% next year vs 23% growth forecast for Construction industry in Australia . Consensus price target up from AU$1.75 to AU$1.85. Share price rose 4.0% to AU$1.04 over the past week. New Risk • Nov 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 9.8% per year for the foreseeable future. Minor Risks Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (AU$77.6m market cap, or US$50.3m). Major Estimate Revision • Oct 26
Consensus revenue estimates increase by 12% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from AU$260.0m to AU$290.0m. EPS estimate increased from AU$0.18 to AU$0.192 per share. Net income forecast to shrink 24% next year vs 20% growth forecast for Commercial Services industry in Australia . Consensus price target up from AU$1.62 to AU$1.75. Share price fell 5.5% to AU$1.03 over the past week. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to AU$1.13, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 21x in the Commercial Services industry in Australia. Total loss to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to AU$1.02, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 19x in the Commercial Services industry in Australia. Total loss to shareholders of 53% over the past three years. New Risk • Sep 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risks Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (AU$66.6m market cap, or US$44.8m). Annonce • Sep 02
BSA Limited, Annual General Meeting, Oct 24, 2024 BSA Limited, Annual General Meeting, Oct 24, 2024. New Risk • Aug 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 16% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (AU$75.8m market cap, or US$51.5m). Reported Earnings • Aug 23
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: AU$0.26 (up from AU$0.083 in FY 2023). Revenue: AU$255.7m (up 6.6% from FY 2023). Net income: AU$18.9m (up 219% from FY 2023). Profit margin: 7.4% (up from 2.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 40% After last week's 40% share price gain to AU$1.02, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 17x in the Commercial Services industry in Australia. Total loss to shareholders of 56% over the past three years. Major Estimate Revision • Jul 31
Consensus EPS estimates increase by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from AU$244.0m to AU$255.5m. EPS estimate increased from AU$0.145 to AU$0.165 per share. Net income forecast to shrink 15% next year vs 17% growth forecast for Commercial Services industry in Australia . Consensus price target up from AU$1.25 to AU$1.40. Share price rose 40% to AU$1.02 over the past week. Annonce • Jul 26
BSA Limited to Report Fiscal Year 2024 Results on Aug 23, 2024 BSA Limited announced that they will report fiscal year 2024 results Pre-Market on Aug 23, 2024 Reported Earnings • Feb 26
First half 2024 earnings released: EPS: AU$0.11 (vs AU$0.019 in 1H 2023) First half 2024 results: EPS: AU$0.11 (up from AU$0.019 in 1H 2023). Revenue: AU$121.4m (down 1.3% from 1H 2023). Net income: AU$7.73m (up 465% from 1H 2023). Profit margin: 6.4% (up from 1.1% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Commercial Services industry in Australia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Major Estimate Revision • Feb 01
Consensus EPS estimates increase by 22%, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from AU$259.0m to AU$244.0m. EPS estimate rose from AU$0.119 to AU$0.145. Net income forecast to grow 11% next year vs 14% growth forecast for Commercial Services industry in Australia. Consensus price target of AU$1.25 unchanged from last update. Share price was steady at AU$0.60 over the past week. Annonce • Jan 31
BSA Limited to Report First Half, 2024 Results on Feb 23, 2024 BSA Limited announced that they will report first half, 2024 results on Feb 23, 2024 Reported Earnings • Sep 01
Full year 2023 earnings released: EPS: AU$0.083 (vs AU$0.65 loss in FY 2022) Full year 2023 results: EPS: AU$0.083 (up from AU$0.65 loss in FY 2022). Revenue: AU$239.8m (down 49% from FY 2022). Net income: AU$5.93m (up AU$48.2m from FY 2022). Profit margin: 2.5% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Commercial Services industry in Australia. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings. Annonce • Aug 30
BSA Limited to Report Fiscal Year 2023 Results on Aug 30, 2023 BSA Limited announced that they will report fiscal year 2023 results on Aug 30, 2023 New Risk • Aug 26
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 Risk Negative equity (-AU$16m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$15m). Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$41.5m market cap, or US$26.6m). Annonce • May 17
BSA Limited Announces Executive Changes BSA Limited announced that the current company secretary, Graham Seppelt, will retire on 15 May 2023 and the role will be undertaken by the Joint CEO and CFO, Arno Becker. Reported Earnings • Feb 25
First half 2023 earnings released: EPS: AU$0.019 (vs AU$0.40 loss in 1H 2022) First half 2023 results: EPS: AU$0.019 (up from AU$0.40 loss in 1H 2022). Revenue: AU$123.0m (down 44% from 1H 2022). Net income: AU$1.37m (up AU$23.3m from 1H 2022). Profit margin: 1.1% (up from net loss in 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Annonce • Nov 24
CBRE Group, Inc. (NYSE:CBRE) entered into an agreement to acquire APS Maintain business from BSA Limited (ASX:BSA) for AUD 20 Million. CBRE Group, Inc. (NYSE:CBRE) entered into an agreement to acquire APS Maintain business from BSA Limited (ASX:BSA) for AUD 20 Million on November 23, 2022. Board Change • Nov 16
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. 4 non-independent directors. Independent Non-Executive Director Michelle Cox 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. Annonce • Oct 07
BSA Limited, Annual General Meeting, Nov 24, 2022 BSA Limited, Annual General Meeting, Nov 24, 2022, at 14:00 AUS Eastern Standard Time. Reported Earnings • Aug 24
Full year 2022 earnings released: AU$0.081 loss per share (vs AU$0 in FY 2021) Full year 2022 results: AU$0.081 loss per share (down from AU$0 in FY 2021). Revenue: AU$466.4m (up 10% from FY 2021). Net loss: AU$42.2m (down AU$42.3m from profit in FY 2021). 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. Annonce • Jul 22
BSA Limited to Report Fiscal Year 2022 Results on Aug 23, 2022 BSA Limited announced that they will report fiscal year 2022 results at 10:00 AM, AUS Eastern Standard Time on Aug 23, 2022 Board Change • Apr 27
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. 3 non-independent directors. Independent Non-Executive Director Michelle Cox 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. Annonce • Mar 06
BSA Limited Announces Board Changes The Board of BSA Limited advised that after 16 years of service, Mr. Michael Givoni has retired as chair and director of the company effective from March 2, 2022.Michael was appointed as director on 23 March 2005 and then as chair on 28 April 2015. The Board of BSA Limited also announce that Mr. Nick Yates has been elected as Interim Chair of BSA Limited effective from March 3, 2022 . Mr. Yates is an existing Non-Executive Director of BSA Limited and has the full support of all Directors and Management in assuming this position. Mr. Yates has been a Director of BSA Limited since 2014 where he served as Managing Director and CEO for a six-year period before transitioning to a Non-Executive role in 2020. Mr. Yates also serves as a Non-Executive Director for Saunders International Limited. Reported Earnings • Mar 02
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: AU$0.051 loss per share (down from AU$0.001 profit in 1H 2021). Revenue: AU$217.6m (up 2.1% from 1H 2021). Net loss: AU$22.0m (down AU$22.3m from profit in 1H 2021). Revenue exceeded analyst estimates by 8.8%. Over the next year, revenue is forecast to grow 8.9%, compared to a 5.7% growth forecast for the industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Annonce • Feb 11
BSA Limited to Report First Half, 2022 Results on Feb 24, 2022 BSA Limited announced that they will report first half, 2022 results on Feb 24, 2022 Annonce • Feb 09
BSA Limited Settles Legal Proceedings BSA Limited settled the class action proceedings filed on July 24, 2020 in relation to its contracting arrangements (specifically to its independent contractors and whether they are properly characterized as such). Class members comprise former and current contractors represented by Shine Lawyers The total amount payable by BSA is $20 million being: $4.4 million by June 30, 2022, $6.6 million by June 30, 2023, $9.0 million by June 30, 2024. The settlement will be funded by current and future operating cash flows. The parties will pay their own costs. The settlement of the proceedings is without admission of liability and subject to Federal Court approval and other conditions. BSA's board of directors determined that whilst confident of its prospects in defending the claims successfully, an agreement to settle the proceedings was a commercial decision made in the best interest of BSA's shareholders. Reported Earnings • Aug 22
Full year 2021 earnings released: EPS AU$0.003 (vs AU$0.018 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$422.5m (down 13% from FY 2020). Net income: AU$1.48m (down 81% from FY 2020). Profit margin: 0.4% (down from 1.6% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Board Change • Jul 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 Chairman Michael Givoni was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Jul 27
Price target decreased to AU$0.45 Down from AU$0.49, the current price target is provided by 1 analyst. New target price is 41% above last closing price of AU$0.32. Stock is down 3.0% over the past year. Analyst Estimate Surprise Post Earnings • Feb 19
Revenue and earnings miss expectations Revenue missed analyst estimates by 0.3%. Earnings per share (EPS) also missed analyst estimates by 63%. Over the next year, revenue is forecast to grow 5.7%, compared to a 5.1% growth forecast for the Commercial Services industry in Australia. Reported Earnings • Feb 19
First half 2021 earnings released: EPS AU$0.003 (vs AU$0.011 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: AU$213.2m (down 18% from 1H 2020). Net income: AU$1.30m (down 72% from 1H 2020). Profit margin: 0.6% (down from 1.8% in 1H 2020). 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 5% per year, which means it is significantly lagging earnings. Major Estimate Revision • Feb 10
Analysts update estimates The 2021 consensus revenue estimate was lowered from AU$490.0m to AU$410.0m. Earning per share (EPS) estimate was unchanged from the last update at AU$0.014. The Commercial Services industry in Australia is expected to see an average net income growth of 25% next year. The consensus price target of AU$0.45 was unchanged from the last update. Share price is up 2.4% to AU$0.32 over the past week. Annonce • Feb 08
BSA Limited to Report First Half, 2021 Results on Feb 18, 2021 BSA Limited announced that they will report first half, 2021 results on Feb 18, 2021 Annonce • Dec 18
BSA Limited Secures Significant Long Term Agreement with nbn Co BSA Limited announce that it has secured a significant long term agreement with nbn Co ("nbn") for Unified Field Operations (Services) for 4 years with potential two x two-year extension options each at nbn's election. The contract was signed on 16 December 2020 and is scheduled to commence on or around 1 March 2021. BSA will provide nbn with a range of activation and assurance services to its Fibre to the Premise (FTTP), Fibre to the Node (FTTN), Fibre to the Basement (FTTB) Fibre to the Curb (FTTC) and Hybrid Fibre Coax (HFC) network infrastructure. Under nbn's regional allocation model, BSA has been initially allocated regions across New South Wales and Victoria with additional regions able to be allocated at nbn's discretion. The contract increases BSA's base market share and is expected to generate approximately $85 million of revenue in the first year with opportunities to grow further into the future. Is New 90 Day High Low • Dec 17
New 90-day high: AU$0.32 The company is up 13% from its price of AU$0.28 on 18 September 2020. The Australian market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Commercial Services industry, which is up 8.0% over the same period. Annonce • Nov 26
BSA Limited Announces Resignation of Mark Lowe as Director The board of BSA Limited announced that Mr. Mark Lowe has resigned as a director of the company following the conclusion of the Annual General Meeting. Annonce • Oct 16
BSA Limited Secures Extension of NBN Omma Contract BSA Limited announced that it has secured an extension to its Operate and Maintain Master Agreement contract with NBN Co (nbn) for 6 months to 30 June 2021 with an option for nbn to extend for a further six months to December 2021. BSA will continue to provide nbn with a range of activation and assurance services to its Fibre to the Premise (FTTP), Fibre to the Node (FTTN), Fibre to the Basement (FTTB) Fibre to the Curb (FTTC) and Hybrid Fibre Coax (HFC) network infrastructure. The extension will be on similar commercial terms to the existing contract. Annonce • Oct 08
BSA Limited (ASX:BSA) agreed to acquire Catalyst ONE Pty Limited. BSA Limited (ASX:BSA) agreed to acquire Catalyst ONE Pty Limited for AUD on October 8, 2020. BSA Limited shall pay upfront payment of AUD 2 million increasing to a maximum purchase price of 5.5 million based on the achievement of agreed EBITDA targets over a two year period. Deferred consideration will be paid as 75% cash and 25% equity. The purchase is subject to usual conditions precedent and BSA expects completion by late October 2020. The acquisition is anticipated to be earning per share accretive in the 12 months following completion Annonce • Aug 16
BSA Limited to Report Fiscal Year 2020 Results on Aug 24, 2020 BSA Limited announced that they will report fiscal year 2020 results at 9:00 AM, AUS Central Standard Time on Aug 24, 2020 