New Risk • Feb 28
New major risk - Negative shareholders equity The company has negative equity. Total equity: -AU$52k 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 Negative equity (-AU$52k). Market cap is less than US$10m (AU$9.89m market cap, or US$7.04m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). New Risk • Jan 27
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 18% 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 Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 0.9% per year over the past 5 years. Market cap is less than US$10m (AU$9.55m market cap, or US$6.62m). Annonce • Oct 22
Beonic Limited, Annual General Meeting, Nov 18, 2025 Beonic Limited, Annual General Meeting, Nov 18, 2025. Location: hall chadwick, level 40, 2 park street, sydney nsw 2000 Australia New Risk • Oct 13
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 20% 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 Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 0.9% per year over the past 5 years. Market cap is less than US$10m (AU$14.3m market cap, or US$9.31m). Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.05 loss per share (vs AU$0.17 loss in FY 2024) Full year 2025 results: AU$0.05 loss per share (improved from AU$0.17 loss in FY 2024). Revenue: AU$22.1m (down 8.2% from FY 2024). Net loss: AU$3.17m (loss narrowed 57% from FY 2024). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Annonce • Aug 14
Beonic Limited announced that it expects to receive AUD 3.74 million in funding from Thorney Investment Group Australia Pty. Ltd. and other investors Beonic Limited announced a private placement to issue convertible notes in the principal amount of AUD 3,740,000 and options for gross AUD 3,740,000 on August 12, 2025. The note holder will be issued with 2.08 options to acquire a share for every note issued. The option will be exercisable at AUD 0.30 on or before the date that is three years from the date of issue. The notes will accrue interest at the rate of 10% per annum, payable semi-annually in arrears up to maturity. The convertible notes will be unsecured. The transaction includes participation from new investors, Thorney Investment Group Australia Pty. Ltd., from existing shareholders, including the board, CEO and key members of the management team. Thorney Investment Group Australia Pty. Ltd. will subscribe for AUD 2,000,000, Michael McConnel will subscribe for AUD 150,000, Bob Alexander will subscribe for AUD 30,000, Kirsty Rankin will subscribe for AUD 50,000 and Billy Tucker will subscribe for AUD 500,000. Upon maturity the company is required to redeem the notes (plus any accrued but unpaid interest). However, the company may elect to redeem the notes early. The conversion price will be of AUD 0.24 per share. The issuance of the notes and attaching options will be subject to shareholder approval. The convertible notes will be issued on the subscription date and shall be converted or redeemed by the company on the date that is 24 months following the subscription date. New Risk • Apr 08
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 16% 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (64% increase in shares outstanding). Market cap is less than US$10m (AU$13.9m market cap, or US$8.31m). New Risk • Jan 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.0m (US$9.30m) This is considered a major 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: Major Risks Earnings have declined by 19% 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$15.0m market cap, or US$9.30m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Annonce • Jan 21
Beonic Limited Announces Executive Changes Beonic Limited announced that Michael Pearce has been appointed as company secretary, effective immediately, in addition to his current role as chief financial officer. Michael replaces Priyamvada (Pia) Rasal as company secretary. Annonce • Jan 17
Beonic Limited has completed a Follow-on Equity Offering in the amount of AUD 1.1 million. Beonic Limited has completed a Follow-on Equity Offering in the amount of AUD 1.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,045,469
Price\Range: AUD 0.022
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,295,455
Price\Range: AUD 0.22 New Risk • Dec 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% 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 Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risk Market cap is less than US$100m (AU$18.7m market cap, or US$12.0m). New Risk • Dec 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$2.07m (US$1.33m) This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (AU$2.07m market cap, or US$1.33m). Minor Risk Shareholders have been diluted in the past year (49% increase in shares outstanding). Annonce • Nov 21
Beonic Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million. Beonic Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 63,674,241
Price\Range: AUD 0.022
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 109,621,212
Price\Range: AUD 0.022
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,340,910
Price\Range: AUD 0.022
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,681,815
Price\Range: AUD 0.022
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,954,550
Price\Range: AUD 0.022
Transaction Features: Subsequent Direct Listing Annonce • Sep 20
Beonic Limited, Annual General Meeting, Nov 12, 2024 Beonic Limited, Annual General Meeting, Nov 12, 2024. Location: at hall chadwick, level 40, 2 park street, sydney nsw 2000 Australia Reported Earnings • Aug 28
Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.024 loss in FY 2023) Full year 2024 results: AU$0.017 loss per share (improved from AU$0.024 loss in FY 2023). Revenue: AU$24.1m (up 2.4% from FY 2023). Net loss: AU$7.42m (loss narrowed 30% from FY 2023). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. New Risk • Jul 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% 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 Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (AU$10.5m market cap, or US$6.97m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). New Risk • Mar 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$5.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$5.4m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (AU$12.2m market cap, or US$7.94m). Annonce • Oct 17
Skyfii Limited, Annual General Meeting, Nov 14, 2023 Skyfii Limited, Annual General Meeting, Nov 14, 2023, at 10:00 AUS Eastern Standard Time. Location: Level 40, 2 Park St SYDNEY NSW 2000 New South Wales 2000 Australia Agenda: To adopt the Remuneration Report; to consider re-election of a Director Ms. Kirsty Rankin; and to consider change of Company Name -Beonic Limited; to consider rebrand of the company. New Risk • Jul 19
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: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$26.8m market cap, or US$18.1m). New Risk • Jul 01
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (AU$19.4m market cap, or US$12.9m). Recent Insider Transactions Derivative • Dec 15
Co-Founder exercised options to buy AU$66k worth of stock. On the 14th of December, Wayne Arthur exercised options to buy 1m shares at a strike price of around AU$0.073, costing a total of AU$95k. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. Since December 2021, Wayne's direct individual holding has increased from 12.85m shares to 17.35m. Company insiders have collectively bought AU$268k more than they sold, via options and on-market transactions, in the last 12 months. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Kirsty Rankin 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 14
Skyfii Limited, Annual General Meeting, Nov 15, 2022 Skyfii Limited, Annual General Meeting, Nov 15, 2022, at 10:00 AUS Eastern Standard Time. Location: Level 40, 2 Park St, Sydney Australia Agenda: To adopt Remuneration Report; to consider Re-election of a Director Mr. John Rankin; to consider Election of a Director Mr. Mark Devadason; to consider Election of a Director Mr. Robert Alexander; and to consider other matters. Annonce • Aug 29
Skyfii Limited Provides Earnings Guidance for the Fiscal Year 2023 Skyfii Limited provided earnings guidance for the Fiscal Year 2023. For the period, the company expects to grow ARR to >$20 million during. Board Change • Jul 15
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Kirsty Rankin 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. Price Target Changed • Apr 27
Price target increased to AU$0.30 Up from AU$0.14, the current price target is provided by 1 analyst. New target price is 237% above last closing price of AU$0.089. Stock is down 41% over the past year. The company is forecast to post a net loss per share of AU$0.01 next year compared to a net loss per share of AU$0.019 last year. Breakeven Date Change • Apr 27
Forecast to breakeven in 2024 The analyst covering Skyfii expects the company to break even for the first time. New forecast suggests losses will reduce by 45% per year to 2023. The company is expected to make a profit of AU$200.0k in 2024. Average annual earnings growth of 91% is required to achieve expected profit on schedule. Breakeven Date Change • Nov 24
No longer forecast to breakeven The analyst covering Skyfii no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$400.0k in 2023. New forecast suggests the company will make a loss of AU$3.10m in 2023. Recent Insider Transactions Derivative • Sep 25
Key Executive exercised options to buy AU$88k worth of stock. On the 24th of September, John Rankin exercised options to buy 800k shares at a strike price of around AU$0.078, costing a total of AU$62k. This transaction amounted to 21% of their direct individual holding at the time of the trade. Since June 2021, John has owned 3.73m shares directly. This was the only transaction from an insider over the last 12 months. Reported Earnings • Aug 29
Full year 2021 earnings released: AU$0.019 loss per share (vs AU$0.01 loss in FY 2020) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: AU$16.1m (up 18% from FY 2020). Net loss: AU$7.02m (loss widened 105% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Executive Departure • Aug 25
Independent Non-Executive Director Lincoln Brown has left the company On the 23rd of August, Lincoln Brown's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of June 2021, Lincoln still personally held 967.05k shares (AU$135k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.17 years. Executive Departure • Jun 04
Independent Non-Executive Director Jon Adgemis has left the company On the 31st of May, Jon Adgemis' tenure as Independent Non-Executive Director ended after 2.7 years in the role. We don't have any record of a personal shareholding under Jon's name. Jon is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.00 years. Annonce • Apr 26
Skyfii Limited has completed a Follow-on Equity Offering in the amount of AUD 0.662502 million. Skyfii Limited has completed a Follow-on Equity Offering in the amount of AUD 0.662502 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,015,163
Price\Range: AUD 0.165 Annonce • Apr 06
Skyfii Limited Provides Revenue Guidance for the Third Quarter and Full Year of Fiscal 2021 Skyfii Limited provided revenue guidance for the third quarter and full year of fiscal 2021. The company has provided guidance for third quarter fiscal 2021 annualized recurring revenue of AUD 2.8 million.
For the fiscal 2021 standalone guidance for total revenue of AUD 15 million to AUD 16 million, full year recurring revenues of AUD 10.5 million to AUD 11.5 million. Reported Earnings • Feb 25
First half 2021 earnings released: AU$0.005 loss per share (vs AU$0.006 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: AU$7.40m (up 9.0% from 1H 2020). Net loss: AU$1.74m (loss narrowed 5.9% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Nov 24
New 90-day high: AU$0.25 The company is up 61% from its price of AU$0.15 on 26 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 11% over the same period. Is New 90 Day High Low • Oct 13
New 90-day high: AU$0.23 The company is up 77% from its price of AU$0.13 on 15 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 26% over the same period. Is New 90 Day High Low • Sep 21
New 90-day high: AU$0.21 The company is up 51% from its price of AU$0.14 on 23 June 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 14% over the same period. Major Estimate Revision • Sep 18
Analysts update estimates The 2021 consensus revenue estimate increased from AU$16.9m to AU$17.6m. The company's losses in 2021 are expected to worsen with analysts lowering their EPS forecasts from -AU$0.001 to -AU$0.002. The Software industry in Australia is expected to see an average net income growth of 10% next year. The consensus price target of AU$0.30 was unchanged from the last update. Share price is up 5.3% to AU$0.20 over the past week.