New Risk • Jun 25
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 61% 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 (61% average weekly change). Earnings have declined by 9.9% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AU$21.6m market cap, or US$14.9m). Reported Earnings • Feb 25
First half 2026 earnings released: AU$0.003 loss per share (vs AU$0.009 loss in 1H 2025) First half 2026 results: AU$0.003 loss per share (improved from AU$0.009 loss in 1H 2025). Revenue: AU$9.56m (up 1.6% from 1H 2025). Net loss: AU$565.9k (loss narrowed 63% from 1H 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Board Change • Jan 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. MD & Executive Director Patrick Bodegraven was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Sep 26
Orcoda Limited, Annual General Meeting, Oct 28, 2025 Orcoda Limited, Annual General Meeting, Oct 28, 2025. Reported Earnings • Aug 29
Full year 2025 earnings released: AU$0.014 loss per share (vs AU$0.005 profit in FY 2024) Full year 2025 results: AU$0.014 loss per share (down from AU$0.005 profit in FY 2024). Revenue: AU$17.2m (down 32% from FY 2024). Net loss: AU$2.50m (down 376% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. New Risk • Jul 14
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 Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risk Market cap is less than US$100m (AU$16.5m market cap, or US$10.8m). Annonce • Jun 14
Orcoda Limited Announces Chief Financial Officer Changes, Effective 1 July 2025 Orcoda Limited announced that Managing Director ("MD") Geoffrey Jamieson has been appointed by the Board to take on the joint role of MD and Chief Financial Officer ("CFO"). Mr. Jamieson has been appointed to replace Samuel Yue (Sam) who has resigned for personal reasons as CFO effective the 1 July 2025. Mr. Jamieson, previously held the role of CFO of the Company from March 2018 to March 2020, 12 months of that time in the dual role of Managing Director and CFO prior to Greg Khan being appointed and then again in the dual role of MD & CFO when Greg Khan resigned in June 2021 until Samuel Yue was appointed in February 2022 . Geoffrey will be supported in the role of CFO by a very competant Financial Controller, who has a Masters Degree in Accounting. Mr. Jamieson will take on the joint MD CFO role as an interim measure until the Company finds a CFO that is capable of filling the position. Annonce • Apr 16
Orcoda Limited has completed a Follow-on Equity Offering in the amount of AUD 1.075 million. Orcoda Limited has completed a Follow-on Equity Offering in the amount of AUD 1.075 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,357,143
Price\Range: AUD 0.07
Transaction Features: Subsequent Direct Listing Annonce • Mar 14
Orcoda Limited Announces the Resignation of Geoff Williams from the Board of Directors Orcoda Limited announced that Mr. Geoff Williams has resigned from the Board of Directors, effective 14 March 2025, for personal reasons. New Risk • Feb 03
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). Market cap is less than US$10m (AU$15.7m market cap, or US$9.65m). Annonce • Jan 31
Orcoda Limited to Report First Half, 2025 Results on Feb 27, 2025 Orcoda Limited announced that they will report first half, 2025 results on Feb 27, 2025 Annonce • Dec 04
Orcoda Limited Announces Company Secretary Changes Orcoda Limited announced the appointment of Ms. Patricia Vanni as Company Secretary, effective 4 December 2024. Ms. Vanni replaces Mr. John Lemon. Ms. Vanni has an extensive background in corporate secretarial and corporate governance in multiple global locations and industries. Ms. Vanni will be responsible for communication with the ASX in relation to listing rule matters, pursuant to Listing Rule 12.6. Annonce • Nov 01
Orcoda Limited, Annual General Meeting, Nov 29, 2024 Orcoda Limited, Annual General Meeting, Nov 29, 2024. Reported Earnings • Aug 30
Full year 2024 earnings released: EPS: AU$0.005 (vs AU$0.002 in FY 2023) Full year 2024 results: EPS: AU$0.005 (up from AU$0.002 in FY 2023). Revenue: AU$25.4m (up 27% from FY 2023). Net income: AU$905.3k (up 129% from FY 2023). Profit margin: 3.6% (up from 2.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annonce • Aug 08
Orcoda Limited to Report Fiscal Year 2024 Results on Aug 28, 2024 Orcoda Limited announced that they will report fiscal year 2024 results Pre-Market on Aug 28, 2024 Reported Earnings • Mar 02
First half 2024 earnings released: EPS: AU$0.004 (vs AU$0.003 loss in 1H 2023) First half 2024 results: EPS: AU$0.004 (up from AU$0.003 loss in 1H 2023). Revenue: AU$14.4m (up 51% from 1H 2023). Net income: AU$648.8k (up AU$1.13m from 1H 2023). Profit margin: 4.5% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annonce • Feb 20
Orcoda Limited to Report First Half, 2024 Results on Feb 26, 2024 Orcoda Limited announced that they will report first half, 2024 results on Feb 26, 2024 New Risk • Oct 12
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 12% 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 (12% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (AU$47.4m market cap, or US$30.3m). Annonce • Sep 30
Orcoda Limited, Annual General Meeting, Nov 15, 2023 Orcoda Limited, Annual General Meeting, Nov 15, 2023. New Risk • Sep 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 48% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (AU$55.8m market cap, or US$36.0m). Reported Earnings • Aug 29
Full year 2023 earnings released Full year 2023 results: Revenue: AU$20.7m (up 29% from FY 2022). Net income: AU$395.5k (up 118% from FY 2022). Profit margin: 1.9% (up from 1.1% in FY 2022). New Risk • Aug 29
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: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (7.0% increase in shares outstanding). Market cap is less than US$100m (AU$52.4m market cap, or US$33.8m). Annonce • Jul 27
Orcoda Limited (ASX:ODA) completed the acquisition of Future Fleet International Pty Ltd. Orcoda Limited (ASX:ODA) entered into a share purchase agreement to acquire Future Fleet International Pty Ltd for AUD 1.44 million on June 2, 2023. As of December 31, 2022, Future Fleet reported revenue of AUD 3.5 million and EBITDA of AUD 0.5 million. The settlement of the Acquisition is conditional on satisfactory due diligence, with the settlement date expected in July 2023.Orcoda Limited (ASX:ODA) completed the acquisition of Future Fleet International Pty Ltd on July 25, 2023. Annonce • Jul 04
Orcoda Limited Appoints Geoffrey Williams as Non-Executive Director Orcoda Limited announced the appointment of Mr. Geoffrey Williams as a Non-Executive Director of the Company, effective from 1 July 2023. Geoff was previously an Executive Director of Orcoda following Orcoda's acquisition of Betta Group in 2020. In February 2022, Geoff resigned from the Orcoda Board to focus on growing Betta Group and pursuing other business interests. Geoff has over 25 years of experience in business and founded Betta Group in 2005. New Risk • Jun 28
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 Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Shareholders have been diluted in the past year (5.7% increase in shares outstanding). Market cap is less than US$100m (AU$41.0m market cap, or US$27.2m). Annonce • Jun 02
Orcoda Limited (ASX:ODA) entered into a share purchase agreement to acquire Future Fleet. Orcoda Limited (ASX:ODA) entered into a share purchase agreement to acquire Future Fleet for AUD 1.44 million on June 2, 2023. As of December 31, 2022, Future Fleet reported revenue of AUD 3.5 million and EBITDA of AUD 0.5 million. The settlement of the Acquisition is conditional on satisfactory due diligence, with the settlement date expected in July 2023. Annonce • May 30
Orcoda Limited Announces Change of Company Secretary Orcoda Limited announced the appointment of Mr. John Lemon as Company Secretary, effective 26 May 2023. Mr. Lemon replaces Mr. Julian Rockett. Mr. Lemon has an extensive background in corporate secretarial and corporate governance in multiple industries. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Chairman Nick Johansen was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Annonce • Oct 26
Orcoda Limited, Annual General Meeting, Nov 29, 2022 Orcoda Limited, Annual General Meeting, Nov 29, 2022, at 11:01 AUS Eastern Standard Time. Agenda: To receive and consider the Financial Report, the Directors' Report, and the Auditor's Report for the year ended 30 June 2022; to consider REMUNERATION REPORT; to consider RE-ELECTION OF DIRECTOR - MR BRENDAN MASON; to consider RATIFY THE PRIOR ISSUE OF 750,000 SHARES; to consider RATIFY THE PRIOR ISSUE OF 5,833,333 SHARES; and to consider APPROVAL OF ADDITIONAL 10% ISSUE CAPACITY UNDER LISTING RULE 7.1A. Reported Earnings • Sep 01
Full year 2022 earnings released Full year 2022 results: Revenue: AU$16.6m (up 89% from FY 2021). Net income: AU$181.3k (down 60% from FY 2021). Profit margin: 1.1% (down from 5.2% in FY 2021). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Stephen Pronk was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 24
First half 2022 earnings: EPS and revenues miss analyst expectations First half 2022 results: EPS: AU$0.005 (up from AU$0 in 1H 2021). Revenue: AU$7.97m (up 277% from 1H 2021). Net income: AU$786.1k (up AU$734.4k from 1H 2021). Profit margin: 9.9% (up from 2.4% in 1H 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 32%. Earnings per share (EPS) also missed analyst estimates by 157%. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annonce • Feb 11
Orcoda Limited Appoints Samuel Yue as Chief Financial Officer, Effective February 21, 2022 Orcoda Limited announced the appointment of Samuel Yue as the Company's Chief Financial Officer effective February 21, 2022. As CFO, Sam will be responsible for financial and commercial management, while being anintegral member of the Executive Leadership Team of the Company, as Orcoda executes on its corporate strategy and growth ambitions. Sam is a highly experienced, strategic and influential finance executive, with over 15 years ofinternational experience in senior investment banking and corporate development roles at leading global organizations in Australia and Asia. Most recently, Sam was a Managing Director at Barclays Investment Bank, prior to this, VP Corporate Development Asia at Carlsberg Group and prior to that Director at Goldman Sachs Hong Kong and Sydney. Annonce • Dec 30
Orcoda Limited Announces Launch of A New Notify App Orcoda Limited announced it has developed a new Notify App that connects to its Orcoda Workforce Logistics System (OWLS) digital platform and Orcoda Logistics Management System (OLMS) digital platform. This provides for its clients, customers and workers to use to easier track deliveries, pickups, and manage messaging and other notifications within the app, for customers, drivers, workers. This is a powerful combination of use cases, that each critical for efficient management and optimisation of a broad range of supply chains. The app is available on both the Google Play platform for Android devices and the Apple store for iPads. The major benefits of Notify include: Eliminate cost of SMS platform use. Current notification characterised in the app. Notifications for customers,drivers, workers are distinguished through each client's logo. Marketing use cases. Easily connects to enterprise systems. Full history of notifications or progress seen in a glance. Send push notifications to customers for order status. Customers can track order status and review order history. Clients further able to edit notification details on OLMS and OWLS system for multiple suppliers. Obtain latest notifications as desired. An overall improved customer and worker experience. Reported Earnings • Sep 01
Full year 2021 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$8.83m (up 381% from FY 2020). Net income: AU$456.6k (up AU$7.20m from FY 2020). Profit margin: 5.2% (up from net loss in FY 2020). Executive Departure • Jun 21
Chief Financial Officer Greg Khan has left the company During their tenure, earnings grew by 551% annually compared to the industry average of 33%. On the 13th of June, Greg Khan left the company after 1.3 in the role. As of March 2021, Greg still personally held only 352.65k shares (AU$49k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Annonce • Mar 11
Orcoda Limited announced that it expects to receive AUD 1.28 million in funding Orcoda Limited (ASX:ODA) announced a private placement of 7,529,412 shares at a price of AUD 0.17 per share for gross proceeds of AUD 1,280,000 on March 9, 2021. The transaction will include participation from institutional and sophisticated investors. The transaction is expected to close on March 15, 2021. Annonce • Feb 01
Orcoda Limited Appoints Geoffrey Williams as an Executive Director, Effective on February 1, 2021 Orcoda Limited announced that it has appointed Geoffrey Williams as an executive director of the company. Geoffrey was with Ergon Energy Queensland for 21 years prior starting Betta Group (Beta) in 2005 which he has operated for the last 15 years and has grown business from a start-up, to being recognised as one of Central Queensland's leading Power Contractors in Rail, Road and Air infrastructure. The effective date of appointment is February 1, 2021. Is New 90 Day High Low • Jan 22
New 90-day high: AU$0.20 The company is up 37% from its price of AU$0.15 on 23 October 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 5.0% over the same period. Annonce • Jan 12
Orcoda Limited Announces Change of Company Secretary Orcoda Limited announced the appointment of Mr. Julian Rockett as Company Secretary, effective 12 January 2021. Mr. Rockett replaces Ms. Sally McDow. Mr. Rockett was previously Company Secretary of Orcoda Limited but had to stand down for personal reasons on 16 November 2020. He has an extensive background in corporate secretarial and corporate governance in multiple industries. Annonce • Jan 01
Orcoda Limited, Annual General Meeting, Jan 28, 2021 Orcoda Limited, Annual General Meeting, Jan 28, 2021, at 10:00 AUS Eastern Standard Time. Location: 39 Navigator Place, Hendra Brisbane Queensland Australia Agenda: To receive and consider the Financial Report, the Directors' Report and the Auditor's Report for the year ended 30 June 2020; to adopt the Remuneration Report for the year ended 30 June 2020; to consider the election of Directors; and to ratify the prior issue of Shares. Annonce • Dec 14
Orcoda Limited (ASX:ODA) acquired Betta Group of Companies Qld Pty Ltd. Orcoda Limited (ASX:ODA) entered into share purchase agreement to acquire Betta Group of Companies Qld Pty Ltd for AUD 5.2 million on November 27, 2020. The consideration includes issue of 15,625,000 ODA ordinary shares and AUD 1 million cash at settlement, plus an 18 month earn-out arrangement of between AUD 1.2 million and AUD 1.5 million paid in AUD 0.4 million to AUD 0.5 million installments every 6 months from January 1, 2021. The Consideration Shares will be escrowed for 12 months from issue. The cash consideration will be subject to a completion working capital adjustment and will be funded from existing cash reserves of Orcoda.
For the year ended on June 30, 2020, Betta Group reported revenue of AUD 9 million and EBITDA of AUD 2.1 million. The Transaction involves the BGC founder working in Orcoda as managing director of the new underlying Orcoda Betta business unit post-Transaction for a minimum period of 18 months after settlement of the Transaction and also joining the Orcoda Board of Directors. The completion of transaction is subject to completion Balance Sheet and working capital adjustments finalized and Orcoda Board approval. The transaction is expected to complete on December 10, 2020.
Orcoda Limited (ASX:ODA) completed the acquisition of Betta Group of Companies Qld Pty Ltd on December 14, 2020. Annonce • Nov 27
Orcoda Limited (ASX:ODA) entered into share purchase agreement to acquire Betta Group of Companies Qld Pty Ltd for AUD 5.2 million. Orcoda Limited (ASX:ODA) entered into share purchase agreement to acquire Betta Group of Companies Qld Pty Ltd for AUD 5.2 million on November 27, 2020. The consideration includes issue of 15,625,000 ODA ordinary shares and AUD 1 million cash at settlement, plus an 18 month earn-out arrangement of between AUD 1.2 million and AUD 1.5 million paid in AUD 0.4 million to AUD 0.5 million installments every 6 months from January 1, 2021. The Consideration Shares will be escrowed for 12 months from issue. The cash consideration will be subject to a completion working capital adjustment and will be funded from existing cash reserves of Orcoda.
For the year ended on June 30, 2020, Betta Group reported revenue of AUD 9 million and EBITDA of AUD 2.1 million. The Transaction involves the BGC founder working in Orcoda as managing director of the new underlying Orcoda Betta business unit post-Transaction for a minimum period of 18 months after settlement of the Transaction and also joining the Orcoda Board of Directors. The completion of transaction is subject to completion Balance Sheet and working capital adjustments finalized and Orcoda Board approval. The transaction is expected to complete on December 10, 2020. Annonce • Nov 16
Orcoda Limited Announces Executive Changes Orcoda Limited announced the appointment of Ms. Sally McDow as Company Secretary, effective November 16, 2020. Ms. Sally McDow replaces Mr. Julian Rockett who has been Company Secretary since 29 January 2018. Ms. McDow has over 20 years' experience managing company secretarial, corporate governance and compliance issues across multiple industries and ASX listed companies. Reported Earnings • Oct 04
Full year earnings released - AU$0.062 loss per share Over the last 12 months the company has reported total losses of AU$6.74m, with losses widening by AU$5.95m from the prior year. Total revenue was AU$1.83m over the last 12 months, down 10% from the prior year. Annonce • Sep 11
Orcoda Limited to Report Fiscal Year 2020 Results on Sep 30, 2020 Orcoda Limited announced that they will report fiscal year 2020 results on Sep 30, 2020