Recent Insider Transactions • May 16
Independent Non-Executive Chairman recently bought AU$106k worth of stock On the 14th of May, Raymond Kellerman bought around 100k shares on-market at roughly AU$1.06 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. Raymond has been a buyer over the last 12 months, purchasing a net total of AU$293k worth in shares. Price Target Changed • Apr 14
Price target increased by 8.2% to AU$1.78 Up from AU$1.65, the current price target is an average from 2 analysts. New target price is 63% above last closing price of AU$1.10. Stock is up 47% over the past year. The company is forecast to post earnings per share of AU$0.073 for next year compared to AU$0.053 last year. Major Estimate Revision • Apr 10
Consensus EPS estimates fall by 13% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from AU$0.098 to AU$0.085. Revenue forecast unchanged from AU$157.8m at last update. Net income forecast to grow 19% next year vs 13% growth forecast for Professional Services industry in Australia. Consensus price target broadly unchanged at AU$1.67. Share price was steady at AU$1.06 over the past week. New Risk • Apr 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (22% increase in shares outstanding). Annonce • Apr 02
Count Limited has filed a Follow-on Equity Offering in the amount of AUD 35.9 million. Count Limited has filed a Follow-on Equity Offering in the amount of AUD 35.9 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,722,003
Price\Range: AUD 1.05
Discount Per Security: AUD 0.0525
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,168,473
Price\Range: AUD 1.05
Discount Per Security: AUD 0.0525
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 300,000
Price\Range: AUD 1.05
Transaction Features: Subsequent Direct Listing Annonce • Apr 01
Count Limited has completed a Follow-on Equity Offering in the amount of AUD 35.9 million. Count Limited has completed a Follow-on Equity Offering in the amount of AUD 35.9 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,722,003
Price\Range: AUD 1.05
Discount Per Security: AUD 0.0525
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,168,473
Price\Range: AUD 1.05
Discount Per Security: AUD 0.0525
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 300,000
Price\Range: AUD 1.05
Transaction Features: Subsequent Direct Listing Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to AU$1.15, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Professional Services industry in Australia. Total returns to shareholders of 157% over the past three years. Major Estimate Revision • Mar 02
Consensus EPS estimates increase by 27% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from AU$152.6m to AU$161.4m. EPS estimate increased from AU$0.07 to AU$0.089 per share. Net income forecast to grow 8.4% next year vs 13% growth forecast for Professional Services industry in Australia. Consensus price target up from AU$1.48 to AU$1.65. Share price rose 13% to AU$1.12 over the past week. Reported Earnings • Feb 27
First half 2026 earnings released: EPS: AU$0.055 (vs AU$0.024 in 1H 2025) First half 2026 results: EPS: AU$0.055 (up from AU$0.024 in 1H 2025). Revenue: AU$82.8m (up 12% from 1H 2025). Net income: AU$9.23m (up 134% from 1H 2025). Profit margin: 11% (up from 5.3% in 1H 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Professional Services industry in Australia. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 28% per year. Price Target Changed • Feb 26
Price target increased by 11% to AU$1.65 Up from AU$1.48, the current price target is an average from 2 analysts. New target price is 43% above last closing price of AU$1.15. Stock is up 47% over the past year. The company is forecast to post earnings per share of AU$0.089 for next year compared to AU$0.053 last year. Annonce • Feb 26
Count Limited Declares Interim Dividend for the Half Year Ended December 31, 2025, Payable on March 20, 2026 Count Limited announced 2025 franked interim dividend of 2.00 cents per share for the half year ended December 31, 2025, Payable on March 20, 2026. Annonce • Jan 28
Count Limited to Report First Half, 2026 Results on Feb 24, 2026 Count Limited announced that they will report first half, 2026 results on Feb 24, 2026 Recent Insider Transactions Derivative • Nov 20
CEO, MD & Director exercised options to buy AU$554k worth of stock. On the 18th of November, Hugh Humphrey exercised options to buy 513k shares at a strike price of around AU$1.07, costing a total of AU$551k. This transaction amounted to 162% of their direct individual holding at the time of the trade. Since December 2024, Hugh's direct individual holding has increased from 255.92k shares to 316.13k. Company insiders have collectively bought AU$784k more than they sold, via options and on-market transactions, in the last 12 months. Upcoming Dividend • Sep 13
Upcoming dividend of AU$0.028 per share Eligible shareholders must have bought the stock before 17 September 2025. Payment date: 07 October 2025. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Australian dividend payers (5.5%). Higher than average of industry peers (2.9%). Major Estimate Revision • Sep 03
Consensus EPS estimates fall by 14% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from AU$0.081 to AU$0.07 per share. Revenue forecast steady at AU$152.6m. Net income forecast to grow 52% next year vs 27% growth forecast for Professional Services industry in Australia. Consensus price target up from AU$1.24 to AU$1.48. Share price was steady at AU$1.01 over the past week. Declared Dividend • Aug 30
Final dividend increased to AU$0.028 Dividend of AU$0.028 is 22% higher than last year. Ex-date: 17th September 2025 Payment date: 7th October 2025 Dividend yield will be 4.3%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by both earnings (6% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 29
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: AU$0.053 (up from AU$0.009 in FY 2024). Revenue: AU$146.5m (up 31% from FY 2024). Net income: AU$8.89m (up AU$7.79m from FY 2024). Profit margin: 6.1% (up from 1.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.7%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Professional Services industry in Australia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Aug 29
Price target increased by 14% to AU$1.41 Up from AU$1.24, the current price target is an average from 2 analysts. New target price is 36% above last closing price of AU$1.04. Stock is up 60% over the past year. The company is forecast to post earnings per share of AU$0.07 for next year compared to AU$0.053 last year. Annonce • Aug 28
Count Limited, Annual General Meeting, Nov 10, 2025 Count Limited, Annual General Meeting, Nov 10, 2025. Annonce • Aug 07
Count Limited to Report Fiscal Year 2025 Results on Aug 28, 2025 Count Limited announced that they will report fiscal year 2025 results on Aug 28, 2025 New Risk • Jul 31
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: AU$153.9m (US$99.1m) This is considered a minor 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: Minor Risks Dividend is not well covered by earnings (141% payout ratio). Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (AU$153.9m market cap, or US$99.1m). Recent Insider Transactions • Jun 27
Independent Non-Executive Chairman recently bought AU$52k worth of stock On the 26th of June, Raymond Kellerman bought around 53k shares on-market at roughly AU$0.99 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Raymond has been a buyer over the last 12 months, purchasing a net total of AU$90k worth in shares. Upcoming Dividend • Mar 06
Upcoming dividend of AU$0.018 per share Eligible shareholders must have bought the stock before 13 March 2025. Payment date: 02 April 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.1%. Lower than top quartile of Australian dividend payers (6.4%). Higher than average of industry peers (2.8%). Reported Earnings • Mar 03
First half 2025 earnings released: EPS: AU$0.024 (vs AU$0.006 in 1H 2024) First half 2025 results: EPS: AU$0.024 (up from AU$0.006 in 1H 2024). Revenue: AU$73.9m (up 54% from 1H 2024). Net income: AU$3.95m (up AU$3.34m from 1H 2024). Profit margin: 5.3% (up from 1.3% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Professional Services industry in Australia. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annonce • Feb 26
Count Limited (ASX:CUP) completed the acquisition of remaining 15% stake in Accurium Holdings Pty Ltd for AUD 2.6 million. Count Limited (ASX:CUP) acquired remaining 15% stake in Accurium Holdings Pty Ltd for AUD 2.6 million on July 1, 2024. A cash consideration of AUD 2.65 million will be paid by Count Limited. As part of consideration, AUD 2.65 million is paid towards common equity of Accurium Holdings Pty Ltd.
Count Limited (ASX:CUP) completed the acquisition of remaining 15% stake in Accurium Holdings Pty Ltd on July 1, 2024 Annonce • Feb 06
Count Limited to Report First Half, 2025 Results on Feb 26, 2025 Count Limited announced that they will report first half, 2025 results on Feb 26, 2025 Annonce • Oct 08
Count Limited, Annual General Meeting, Nov 12, 2024 Count Limited, Annual General Meeting, Nov 12, 2024. Location: baker mckenzie, tower one international towers sydney, level 46, 100 barangaroo avenue, sydney nsw 2000, sydney Australia Declared Dividend • Sep 01
Final dividend of AU$0.022 announced Shareholders will receive a dividend of AU$0.022. Ex-date: 19th September 2024 Payment date: 9th October 2024 Dividend yield will be 5.8%, which is higher than the industry average of 3.8%. Sustainability & Growth The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • Aug 30
Full year 2024 earnings released: EPS: AU$0.009 (vs AU$0.046 in FY 2023) Full year 2024 results: EPS: AU$0.009 (down from AU$0.046 in FY 2023). Revenue: AU$113.4m (up 24% from FY 2023). Net income: AU$1.10m (down 78% from FY 2023). Profit margin: 1.0% (down from 5.6% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 4.1% growth forecast for the Professional Services industry in Australia. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 13% per year. Annonce • Aug 16
Count Limited to Report Fiscal Year 2024 Results on Aug 30, 2024 Count Limited announced that they will report fiscal year 2024 results on Aug 30, 2024 Recent Insider Transactions • Jun 26
Independent Non-Executive Chairman recently bought AU$52k worth of stock On the 24th of June, Raymond Kellerman bought around 100k shares on-market at roughly AU$0.52 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Raymond has been a buyer over the last 12 months, purchasing a net total of AU$356k worth in shares. New Risk • May 31
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% 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 Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (AU$89.8m market cap, or US$59.6m). Price Target Changed • May 12
Price target increased by 7.1% to AU$1.36 Up from AU$1.27, the current price target is provided by 1 analyst. New target price is 150% above last closing price of AU$0.55. Stock is up 4.8% over the past year. The company posted earnings per share of AU$0.046 last year. Recent Insider Transactions • Mar 08
Independent Non-Executive Chairman recently bought AU$57k worth of stock On the 7th of March, Raymond Kellerman bought around 99k shares on-market at roughly AU$0.58 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Raymond has been a buyer over the last 12 months, purchasing a net total of AU$477k worth in shares. New Risk • Mar 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 49% 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: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Shareholders have been diluted in the past year (49% increase in shares outstanding). Market cap is less than US$100m (AU$100.6m market cap, or US$65.7m). Annonce • Feb 29
Fortuna Perth Pty Ltd. agreed to acquire Bentleys (WA) Pty Ltd from Count Limited (ASX:CUP) for AUD 1.1 million. Fortuna Perth Pty Ltd. agreed to acquire Bentleys (WA) Pty Ltd from Count Limited (ASX:CUP) for AUD 1.1 million on February 28, 2024. The transaction is expected to reach financial close before the end of March 2024. Reported Earnings • Feb 21
First half 2024 earnings released: EPS: AU$0.006 (vs AU$0.001 loss in 1H 2023) First half 2024 results: EPS: AU$0.006 (up from AU$0.001 loss in 1H 2023). Revenue: AU$47.9m (up 5.6% from 1H 2023). Net income: AU$616.0k (up AU$742.0k from 1H 2023). Profit margin: 1.3% (up from net loss in 1H 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Professional Services industry in Australia. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 18% per year. Annonce • Feb 13
Count Limited (ASX:CUP) agreed to acquire 51% stake in Solutions Centric for an enterprise value of AUD 4.1 million. Count Limited (ASX:CUP) agreed to acquire 51% stake in Solutions Centric for an enterprise value of AUD 4.1 million on February 12, 2024. Count will pay an upfront consideration of AUD 1.6 million and the remainder over 12 and 24 months respectively, subject to Solutions Centric achieving certain EBITA targets in each 12-month period. Further earn-outs may be payable if Solutions Centric achieves additional growth targets. The acquisition is expected to complete before March 31, 2024 Recent Insider Transactions • Sep 30
Independent Non-Executive Chairman recently bought AU$99k worth of stock On the 28th of September, Raymond Kellerman bought around 160k shares on-market at roughly AU$0.62 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Raymond has been a buyer over the last 12 months, purchasing a net total of AU$433k worth in shares. Price Target Changed • Sep 29
Price target increased by 13% to AU$1.10 Up from AU$0.98, the current price target is an average from 2 analysts. New target price is 77% above last closing price of AU$0.62. Stock is down 15% over the past year. The company is forecast to post earnings per share of AU$0.041 for next year compared to AU$0.046 last year. Upcoming Dividend • Sep 14
Upcoming dividend of AU$0.022 per share at 6.5% yield Eligible shareholders must have bought the stock before 21 September 2023. Payment date: 11 October 2023. Payout ratio is on the higher end at 81% but the company is not cash flow positive. Trailing yield: 6.5%. Lower than top quartile of Australian dividend payers (7.1%). Higher than average of industry peers (3.8%). Major Estimate Revision • Sep 10
Consensus revenue estimates fall by 11% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from AU$108.5m to AU$96.8m. EPS estimate fell from AU$0.05 to AU$0.041 per share. Net income forecast to shrink 6.5% next year vs 21% growth forecast for Professional Services industry in Australia . Consensus price target up from AU$0.98 to AU$1.03. Share price fell 3.5% to AU$0.55 over the past week. Annonce • Aug 31
Count Limited Declares Final Dividend for the Financial Year Ended 30 June 2023, Payable on 11 October 2023 Count Limited declared a final dividend of 2.25 cents per share fully franked for the financial year ended30 June 2023 (30 June 2022: 2.00 cents per share). The record date for determining entitlement to the 2023 Final dividend is 22 September 2023 and payable on 11 October 2023. Reported Earnings • Aug 31
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: AU$0.046 (in line with FY 2022). Revenue: AU$91.5m (up 7.3% from FY 2022). Net income: AU$5.10m (flat on FY 2022). Profit margin: 5.6% (down from 6.0% in FY 2022). Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) exceeded analyst estimates by 135%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Professional Services industry in Australia. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Annonce • Jun 08
Count Limited Appoints Tim Martin to the Board of the Company as A Non-Executive Director Count Limited confirmed the appointment of Tim Martin to the Board of the Company as a Non-Executive Director effective immediate. As part of the appointment, Mr. Martin will Chair the Acquisitions Committee and be a member of both the Technology and Innovation Committee and Remuneration and Nominations Committee. Mr. Martin's experience in healthcare and education will allow him to provide fresh ideas and complement the existing skills of the Board. He has led numerous aggregations of healthcare practices and understands due diligence nuances that are key to executing M&A transactions. Mr. Martin holds a Bachelor of Arts (Honours) from Oxford University and a Masterof Business Administration from Harvard Business School. Count is committed to fostering gender diversity and notes that 60% of the Non- Executive Directors of Count Limited are women. Annonce • May 30
CountPlus Limited (ASX:CUP) completed the acquisition of Affinia Financial Advisers Limited from TAL Dai-ichi Life Australia Pty Limited. CountPlus Limited (ASX:CUP) agreed to acquire Affinia Financial Advisers Limited from TAL Dai-ichi Life Australia Pty Limited for AUD 3.4 million on March 10, 2023. Consideration for the transaction is AUD 3.373 million payable on completion. The transaction includes CountPlus receiving cash of AUD 3.790 million as well as other non-cash net assets and acquired client relationships. Affinia generated net revenues of AUD 3.029 million in the financial year ending March 31, 2022. In addition to the accelerated scale the acquisition brings, the deep risk advice capability presents an advantage for CountPlus, which has ambitions to grow its risk advice capability and revenues. Andrew Rich, Nicole Pedler of Herbert Smith Freehills acted as legal advisors to TAL Dai-ichi Life Australia Pty Limited & Affinia Financial Advisers Limited.
CountPlus Limited (ASX:CUP) completed the acquisition of Affinia Financial Advisers Limited from TAL Dai-ichi Life Australia Pty Limited on May 29, 2023. Recent Insider Transactions • Mar 11
Independent Non-Executive Chairman recently bought AU$82k worth of stock On the 10th of March, Raymond Kellerman bought around 147k shares on-market at roughly AU$0.56 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Raymond has been a buyer over the last 12 months, purchasing a net total of AU$436k worth in shares. Upcoming Dividend • Mar 09
Upcoming dividend of AU$0.015 per share at 7.3% yield Eligible shareholders must have bought the stock before 16 March 2023. Payment date: 05 April 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.3%. Within top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (4.4%). Major Estimate Revision • Mar 05
Consensus EPS estimates fall by 53%, revenue upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from AU$93.5m to AU$100.5m. EPS estimate fell from AU$0.061 to AU$0.029 per share. Net income forecast to grow 175% next year vs 19% growth forecast for Professional Services industry in Australia. Consensus price target down from AU$1.19 to AU$0.96. Share price fell 17% to AU$0.54 over the past week. Reported Earnings • Feb 28
First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.031 profit in 1H 2022) First half 2023 results: AU$0.001 loss per share (down from AU$0.031 profit in 1H 2022). Revenue: AU$45.4m (up 8.3% from 1H 2022). Net loss: AU$126.0k (down 104% from profit in 1H 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Australia. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Dec 11
Independent Non-Executive Chairman recently bought AU$68k worth of stock On the 9th of December, Raymond Kellerman bought around 100k shares on-market at roughly AU$0.68 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Raymond has been a buyer over the last 12 months, purchasing a net total of AU$525k worth in shares. Price Target Changed • Nov 16
Price target increased to AU$1.19 Up from AU$1.05, the current price target is an average from 3 analysts. New target price is 75% above last closing price of AU$0.68. Stock is down 33% over the past year. The company is forecast to post earnings per share of AU$0.061 for next year compared to AU$0.046 last year. Annonce • Oct 17
Countplus Limited Announces Change to Company Secretariat CountPlus Limited announced, in accordance with ASX Listing Rule 3.16.1, that Ms. Narelle Wooden has stepped down as Company Secretary and General Counsel effective 17 October 2022. The Company is evolving its operating model to support its anticipated growth and better meet the contemporary business needs. A new role of Group Chief Risk Officer will be created on its leadership team. This Key Management Personnel (KMP) role will be a direct report to the CEO and will have end-to-end accountability for providing full-service enterprise risk, compliance and strategic advice to the CountPlus CEO and Board. In light of this new role, the current General Counsel role has been made redundant effective 17 October 2022. Mr. Doug Richardson and Mr. Laurent Toussaint will continue as joint Company Secretaries of the Company. Upcoming Dividend • Sep 15
Upcoming dividend of AU$0.02 per share Eligible shareholders must have bought the stock before 22 September 2022. Payment date: 12 October 2022. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Australian dividend payers (6.7%). Higher than average of industry peers (3.9%). Annonce • Sep 03
CountPlus Limited, Annual General Meeting, Nov 15, 2022 CountPlus Limited, Annual General Meeting, Nov 15, 2022, at 10:00 AUS Eastern Standard Time. Recent Insider Transactions • Sep 01
Independent Non-Executive Chairman recently bought AU$108k worth of stock On the 31st of August, Raymond Kellerman bought around 150k shares on-market at roughly AU$0.72 per share. This transaction amounted to 6.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Raymond has been a buyer over the last 12 months, purchasing a net total of AU$462k worth in shares. Price Target Changed • Aug 30
Price target increased to AU$1.33 Up from AU$1.05, the current price target is an average from 2 analysts. New target price is 84% above last closing price of AU$0.72. Stock is down 23% over the past year. The company is forecast to post earnings per share of AU$0.062 for next year compared to AU$0.046 last year. Annonce • Aug 26
CountPlus Limited Declares Fully Franked Final Dividend for Fiscal Year Ended 30 June 2022, Payable on 12 October 2022 The board of CountPlus Limited to declare a final dividend of 2.00 cents per share fully franked for the financial year ended 30 June 2022 (30 June 2021: 1.50 cents per share). Record date is 23 September 2022 and Payable date is October 12, 2022. Reported Earnings • Aug 26
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: AU$0.046 (up from AU$0.044 in FY 2021). Revenue: AU$88.9m (up 10% from FY 2021). Net income: AU$5.11m (up 3.5% from FY 2021). Profit margin: 5.8% (down from 6.1% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 4.1%, compared to a 107% growth forecast for the Professional Services industry in Australia. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Annonce • May 20
CountPlus Limited Announces Appointment of Hugh Humphrey as Chief Executive Officer, Effective 1 July 2022 CountPlus Limited announced that Hugh Humphrey has been appointed Chief Executive Officer, effective 1 July 2022. Hugh's exceptional strategic growth experience, digital and transformation capabilities and vision for the future of Advice, Accounting and related services are key attributes the Board identified as critical for the Company's ongoing success. The CountPlus Board thanks Laurent Toussaint, the Company's Chief Financial Officer, for carrying out the role of interim Chief Executive Officer in such an exemplary manner and takes this opportunity to congratulate Mr. Toussaint on his promotion to Chief Financial and Operating Officer. Price Target Changed • Apr 27
Price target decreased to AU$1.09 Down from AU$1.24, the current price target is an average from 2 analysts. New target price is 82% above last closing price of AU$0.60. Stock is down 48% over the past year. The company is forecast to post earnings per share of AU$0.048 for next year compared to AU$0.044 last year. Recent Insider Transactions • Mar 23
Independent Non-Executive Chairman recently bought AU$69k worth of stock On the 21st of March, Raymond Kellerman bought around 99k shares on-market at roughly AU$0.70 per share. In the last 3 months, they made an even bigger purchase worth AU$76k. Raymond has been a buyer over the last 12 months, purchasing a net total of AU$318k worth in shares. Upcoming Dividend • Mar 10
Upcoming dividend of AU$0.015 per share Eligible shareholders must have bought the stock before 17 March 2022. Payment date: 06 April 2022. Payout ratio and cash payout ratio are on the higher end at 78% and 94% respectively. Trailing yield: 4.1%. Lower than top quartile of Australian dividend payers (5.8%). In line with average of industry peers (3.8%). Price Target Changed • Mar 04
Price target decreased to AU$1.24 Down from AU$1.65, the current price target is an average from 2 analysts. New target price is 65% above last closing price of AU$0.76. Stock is down 39% over the past year. The company is forecast to post earnings per share of AU$0.051 for next year compared to AU$0.044 last year. Reported Earnings • Mar 02
First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First half 2022 results: EPS: AU$0.031 (down from AU$0.037 in 1H 2021). Revenue: AU$41.9m (flat on 1H 2021). Net income: AU$3.44m (down 16% from 1H 2021). Profit margin: 8.2% (down from 9.7% in 1H 2021). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 10%, compared to a 210% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Mar 01
Independent Non-Executive Chairman recently bought AU$75k worth of stock On the 28th of February, Raymond Kellerman bought around 100k shares on-market at roughly AU$0.75 per share. This was the largest purchase by an insider in the last 3 months. Raymond has been a buyer over the last 12 months, purchasing a net total of AU$679k worth in shares. Recent Insider Transactions • Nov 21
CEO, MD & Director recently bought AU$61k worth of stock On the 19th of November, Matthew Rowe bought around 64k shares on-market at roughly AU$0.96 per share. This was the largest purchase by an insider in the last 3 months. Matthew has been a buyer over the last 12 months, purchasing a net total of AU$944k worth in shares. Upcoming Dividend • Sep 16
Upcoming dividend of AU$0.015 per share Eligible shareholders must have bought the stock before 23 September 2021. Payment date: 13 October 2021. Trailing yield: 3.3%. Lower than top quartile of Australian dividend payers (5.1%). Higher than average of industry peers (2.9%). Annonce • Sep 01
CountPlus Limited (ASX:CUP) agreed to acquire 49% stake in Southern Cross Business Holdings Pty Ltd for $2.793 million. CountPlus Limited (ASX:CUP) agreed to acquire 49% stake in Southern Cross Business Holdings Pty Ltd for $2.793 million on August 31, 2021. The total purchase consideration is $2.793 million with an initial cash payment of $2.234 million and the remainder being a deferred payment in 12 months subject to certain financial performance targets being met. CountPlus will fund the acquisition from existing cash reserves. All Principals and key management of SCBA will remain with the business and Noel Costa continues to lead the firm as Managing Principal of SCBA. Southern Cross Business generated accounting revenue of $6 million for the year end June 30, 2021. The effective date of the transfer of economic rights, once the transaction is completed, will be July 1, 2021 and the investment is expected to be earnings accretive in the first year. Price Target Changed • Aug 31
Price target increased to AU$1.53 Up from AU$1.40, the current price target is an average from 2 analysts. New target price is 65% above last closing price of AU$0.93. Stock is down 4.1% over the past year. Reported Earnings • Aug 27
Full year 2021 earnings released: EPS AU$0.044 (vs AU$0.14 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$80.5m (down 2.5% from FY 2020). Net income: AU$4.94m (down 69% from FY 2020). Profit margin: 6.1% (down from 19% in FY 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Annonce • Jun 02
CountPlus Limited (ASX:CUP) completed the acquisition of 51% stake in Wealth Axis. CountPlus Limited (ASX:CUP) has agreed to acquire 51% stake in Wealth Axis for AUD 1.3 million on May 28, 2021. Upon completion Mikel Guyetsky will continue to be Managing Director of Wealth Axis and a significant shareholder in the business.
CountPlus Limited (ASX:CUP) completed the acquisition of 51% stake in Wealth Axis on May 31, 2021.