Annuncio • Apr 04
Silex Systems Limited to Report Fiscal Year 2026 Results on Aug 27, 2026 Silex Systems Limited announced that they will report fiscal year 2026 results on Aug 27, 2026 New Risk • Jan 06
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 Currently unprofitable and not forecast to become profitable over next 3 years (AU$7.1m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Annuncio • Sep 15
Silex Systems Limited, Annual General Meeting, Oct 17, 2025 Silex Systems Limited, Annual General Meeting, Oct 17, 2025. Location: hybrid meeting, Australia Reported Earnings • Aug 27
Full year 2025 earnings released: AU$0.18 loss per share (vs AU$0.096 loss in FY 2024) Full year 2025 results: AU$0.18 loss per share (further deteriorated from AU$0.096 loss in FY 2024). Revenue: AU$18.6m (up 66% from FY 2024). Net loss: AU$42.6m (loss widened 87% from FY 2024). Revenue is expected to fall by 86% p.a. on average during the next 3 years compared to a 17% decline forecast for the Machinery industry in Australia. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Breakeven Date Change • Feb 04
No longer forecast to breakeven The analyst covering Silex Systems no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$1.60m in 2027. New forecast suggests the company will make a loss of AU$21.7m in 2027. Breakeven Date Change • Dec 31
No longer forecast to breakeven The analyst covering Silex Systems no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$1.60m in 2027. New forecast suggests the company will make a loss of AU$21.7m in 2027. Annuncio • Nov 25
Silex Systems Limited Announces Committee Changes, Effective 25 November 2024 Silex Systems Limited appointed independent non-executive director, Ms. Susan Corlett, as Chair of the Audit Committee, effective 25 November 2024, replacing Mr. Chris Wilks as Chair. The Company's Audit Committee consists of three members, being Ms. Corlett, Mr. Craig Roy and Mr. Wilks, all of whom are non-executive directors. Mr. Roy is also an independent non-executive director. Annuncio • Nov 22
Silex Systems Limited Approves the Election of Susan Corlett as Director Silex Systems Limited held its AGM on 22 November 2024, approved the election of Ms Susan Corlett as a Director. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Helen Cook was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Oct 21
Silex Systems Limited, Annual General Meeting, Nov 22, 2024 Silex Systems Limited, Annual General Meeting, Nov 22, 2024. Location: hybrid meeting, Australia Annuncio • Oct 14
Silex Systems Limited Announces Board Changes, Effective 22 November 2024 Silex Systems Limited announced that Susan Corlett has agreed to join the Silex Board as an independent, non-executive director, effective 22 November 2024. Ms Corlett will stand for election by shareholders at the Company's 2024 Annual General Meeting (AGM) on the same day. Ms Helen Cook, will retire from the Board at the 2024 AGM in order to focus on her nuclear legal advisory practice. Ms Corlett has a Bachelor of Science (Honours in Geology) from the University of Melbourne, is a graduate of the Australian Institute of Company Directors, a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM) and a member of Chief Executive Women. Reported Earnings • Aug 29
Full year 2024 earnings released: AU$0.096 loss per share (vs AU$0.081 loss in FY 2023) Full year 2024 results: AU$0.096 loss per share (further deteriorated from AU$0.081 loss in FY 2023). Revenue: AU$17.2m (up 78% from FY 2023). Net loss: AU$22.7m (loss widened 31% from FY 2023). Revenue is expected to fall by 75% p.a. on average during the next 3 years compared to a 3.1% decline forecast for the Machinery industry in Australia. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Reported Earnings • Feb 25
First half 2024 earnings released: AU$0.043 loss per share (vs AU$0.043 loss in 1H 2023) First half 2024 results: AU$0.043 loss per share (in line with 1H 2023). Net loss: AU$10.2m (loss widened 16% from 1H 2023). Revenue is forecast to grow 91% p.a. on average during the next 3 years, compared to a 58% growth forecast for the Machinery industry in Australia. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings. Annuncio • Sep 11
Silex Systems Limited, Annual General Meeting, Oct 13, 2023 Silex Systems Limited, Annual General Meeting, Oct 13, 2023, at 11:01 AUS Eastern Standard Time. Agenda: To consider the financial report of the Company, and the reports of the Directors and of the Auditors for the year ended 30 June 2023. There is no vote on this item of business; to consider adoption of the remuneration report; to consider re-elect MR CRAIG ROY as a director; to consider renewal of the proportional takeover provisions in the constitution; and to consider other business issues. Reported Earnings • Aug 23
Full year 2023 earnings released: AU$0.081 loss per share (vs AU$0.048 loss in FY 2022) Full year 2023 results: AU$0.081 loss per share (further deteriorated from AU$0.048 loss in FY 2022). Net loss: AU$17.4m (loss widened 83% from FY 2022). Revenue is expected to fall by 78% p.a. on average during the next 3 years compared to a 19% decline forecast for the Machinery industry in Australia. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 77% per year, which means it is well ahead of earnings. New Risk • Jun 28
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: AU$14m Forecast net loss in 2 years: AU$986k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$986k net loss in 2 years). Shareholders have been diluted in the past year (15% increase in shares outstanding). Breakeven Date Change • Jun 27
No longer forecast to breakeven The analyst covering Silex Systems no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$604.8k in 2024. New forecast suggests the company will make a loss of AU$1.00m in 2025. Reported Earnings • Feb 22
First half 2023 earnings released: AU$0.043 loss per share (vs AU$0.024 loss in 1H 2022) First half 2023 results: AU$0.043 loss per share (further deteriorated from AU$0.024 loss in 1H 2022). Revenue: AU$5.16m (up 66% from 1H 2022). Net loss: AU$8.74m (loss widened 96% from 1H 2022). Revenue is expected to decline by 39% p.a. on average during the next 3 years, while revenues in the Global Semiconductor industry are expected to grow by 11%. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 151% per year, which means it is well ahead of earnings. Breakeven Date Change • Nov 16
Forecast to breakeven in 2024 The 2 analysts covering Silex Systems expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 76% to 2023. The company is expected to make a profit of AU$59.5k in 2024. Average annual earnings growth of 89% is required to achieve expected profit on schedule. Breakeven Date Change • Sep 03
Forecast to breakeven in 2024 The analyst covering Silex Systems expects the company to break even for the first time. New forecast suggests losses will reduce by 84% to 2023. The company is expected to make a profit of AU$118.9k in 2024. Average annual earnings growth of 108% is required to achieve expected profit on schedule. Reported Earnings • Aug 29
Full year 2022 earnings released: AU$0.048 loss per share (vs AU$0.04 loss in FY 2021) Full year 2022 results: AU$0.048 loss per share (down from AU$0.04 loss in FY 2021). Revenue: AU$6.44m (up 105% from FY 2021). Net loss: AU$9.46m (loss widened 37% from FY 2021). Over the next year, revenue is expected to shrink by 69% compared to a 18% growth forecast for the Semiconductor industry in Australia. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 119% per year, which means it is well ahead of earnings. Board Change • Oct 19
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. 2 non-independent directors. Independent Non-Executive Chairman Craig Roy was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 28
Full year 2021 earnings released: AU$0.04 loss per share (vs AU$0.045 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$3.43m (up 109% from FY 2020). Net loss: AU$6.93m (loss narrowed 11% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 65% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 15
New 90-day high: AU$1.62 The company is up 165% from its price of AU$0.61 on 16 October 2020. The Australian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 63% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: AU$0.88 The company is up 56% from its price of AU$0.56 on 02 October 2020. The Australian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 02
New 90-day high: AU$0.64 The company is up 7.0% from its price of AU$0.60 on 03 September 2020. The Australian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 32% over the same period. Is New 90 Day High Low • Oct 31
New 90-day low: AU$0.54 The company is down 19% from its price of AU$0.66 on 31 July 2020. The Australian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 8.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: AU$0.54 The company is down 8.0% from its price of AU$0.58 on 26 June 2020. The Australian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 25% over the same period.