Annuncio • May 21
Smartgroup Corporation Ltd (ASX:SIQ) announces an Equity Buyback for AUD 20 million worth of its shares. Smartgroup Corporation Ltd (ASX:SIQ) announces a share repurchase program. Under the program, the company will repurchase up to A$20 million of ordinary shares. The source of funds is existing cash reserves, including proceeds from the sale of the self-funded fleet portfolio. The program will be executed on June 3, 2027. As of May 20, 2026, the company has 137,398,556 issued shares. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$10.64, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 18x in the Professional Services industry in Australia. Total returns to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$15.69 per share. Annuncio • Mar 09
Smartgroup Corporation Ltd, Annual General Meeting, May 20, 2026 Smartgroup Corporation Ltd, Annual General Meeting, May 20, 2026. Annuncio • Feb 17
Smartgroup Corporation Limited Appoints Paul Rogan as Independent Non-Executive Director, Effective March 2, 2026 Smartgroup Corporation Limited announced that it has appointed Mr. Paul Rogan as an independent non-executive director effective from March 2, 2026. Paul is an experienced company director and senior financial services executive. He is currently Chair and Non-Executive Director of HUB24 Limited, and a Non-Executive Director of IDP Education Limited and Raiz Invest Limited. He is also Chair and Non-Executive Director of Household Capital Pty Ltd, a leading provider of equity/wealth release finance to senior Australians. Paul has over 25 years’ leadership experience across finance, strategy, risk and product distribution. His executive career includes senior roles at Challenger, National Australia Bank, and MLC both in Australia and the United Kingdom. He has also founded fintech businesses servicing the retiree consumer segment, bringing deep expertise in digital-first growth and customer-centric platforms. Annuncio • Jan 29
Smartgroup Reportedly Mulls Scrip Merger for Rival FleetPartners as PEP Circles Smartgroup Corporation Ltd. (ASX:SIQ) is believed to be assessing a potential scrip merger of rival FleetPartners Group Limited (ASX:FPR), say sources. It comes after the $600 million FleetPartners has been in the crosshairs of private equity firm Pacific Equity Partners, which has not thought to have given up its aspirations of owning the company since last year. PEP bought SG Fleet in 2024 for $1.2bn and for the Sydney-based private equity firm there are major synergies in owning both. But the private-equity interest has prompted Smartgroup to dust off its file on its competitor, and it is believed to be working with investment bank Macquarie Capital to determine if it can put forward a proposal to buy the business with its scrip. The Smartgroup share price is up over 8% in the past year, whereas FleetPartners is down 1.4%. However, some believe it faces an uphill battle trumping PEP if it lobs a cash bid. Smartgroup is run by Scott Wharton, who previously worked as an executive at Star Entertainment, and is known to have been eager to embark on acquisitions. Smartgroup declined to comment on the speculation. Annuncio • Jan 21
Smartgroup Corporation Ltd to Report Fiscal Year 2025 Results on Feb 26, 2026 Smartgroup Corporation Ltd announced that they will report fiscal year 2025 results on Feb 26, 2026 Declared Dividend • Aug 30
First half dividend of AU$0.20 announced Shareholders will receive a dividend of AU$0.20. Ex-date: 8th September 2025 Payment date: 23rd September 2025 Dividend yield will be 5.6%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Aug 30
Smartgroup Corporation Ltd Declares Interim Dividend for the Half Year Ended June 30, 2025, Payable on September 23, 2025 On 27 August 2025, the Directors of Smartgroup Corporation Ltd. declared a fully franked dividend of 19.5 cents per ordinary share for the half year ended June 30, 2025. The record date is 9 September 2025 and the dividend will be paid on 23 September 2025. This dividend has not been included as a liability in these half year financial statements. The total estimated dividend to be paid is $26,500,000. Reported Earnings • Aug 29
First half 2025 earnings released: EPS: AU$0.29 (vs AU$0.26 in 1H 2024) First half 2025 results: EPS: AU$0.29 (up from AU$0.26 in 1H 2024). Revenue: AU$159.1m (up 7.2% from 1H 2024). Net income: AU$38.1m (up 11% from 1H 2024). Profit margin: 24% (in line with 1H 2024). Revenue is forecast to grow 3.3% 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 10% per year whereas the company’s share price has increased by 15% per year. Annuncio • Jun 04
Smartgroup Corporation Ltd to Report First Half, 2025 Results on Aug 28, 2025 Smartgroup Corporation Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Annuncio • Feb 28
Smartgroup Corporation Ltd, Annual General Meeting, May 14, 2025 Smartgroup Corporation Ltd, Annual General Meeting, May 14, 2025. Annuncio • Jan 29
Smartgroup Corporation Ltd to Report Fiscal Year 2024 Results on Feb 26, 2025 Smartgroup Corporation Ltd announced that they will report fiscal year 2024 results Pre-Market on Feb 26, 2025 Declared Dividend • Aug 30
First half dividend of AU$0.17 announced Shareholders will receive a dividend of AU$0.17. Ex-date: 6th September 2024 Payment date: 23rd September 2024 Dividend yield will be 6.3%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Aug 01
Smartgroup Corporation Ltd to Report First Half, 2024 Results on Aug 28, 2024 Smartgroup Corporation Ltd announced that they will report first half, 2024 results on Aug 28, 2024 Recent Insider Transactions • May 24
Independent Non-Executive Chairman recently bought AU$584k worth of stock On the 20th of May, John Prendiville bought around 70k shares on-market at roughly AU$8.34 per share. This transaction increased John's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Recent Insider Transactions • May 16
Independent Non-Executive Director recently bought AU$100k worth of stock On the 10th of May, Mark Rigotti bought around 12k shares on-market at roughly AU$8.16 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$47k more in shares than they have sold in the last 12 months. Upcoming Dividend • Feb 28
Upcoming dividend of AU$0.32 per share Eligible shareholders must have bought the stock before 06 March 2024. Payment date: 21 March 2024. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Australian dividend payers (6.4%). Higher than average of industry peers (3.7%). Declared Dividend • Feb 23
Final dividend of AU$0.32 announced Shareholders will receive a dividend of AU$0.32. Ex-date: 6th March 2024 Payment date: 21st March 2024 Dividend yield will be 4.7%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not covered by cash flows (107% cash payout ratio). The dividend has increased by an average of 26% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Feb 23
Smartgroup Corporation Ltd, Annual General Meeting, May 08, 2024 Smartgroup Corporation Ltd, Annual General Meeting, May 08, 2024. Reported Earnings • Feb 21
Full year 2023 earnings released Full year 2023 results: Revenue: AU$251.6m (up 12% from FY 2022). Net income: AU$63.1m (up 7.3% from FY 2022). Profit margin: 25% (down from 26% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Professional Services industry in Australia. Annuncio • Jan 17
Smartgroup Corporation Ltd to Report Fiscal Year 2023 Results on Feb 21, 2024 Smartgroup Corporation Ltd announced that they will report fiscal year 2023 results on Feb 21, 2024 Annuncio • Dec 22
Smartgroup Corporation Ltd. Announces Non-Executive Director Changes Smartgroup Corporation Limited announced that Mr. Gavin Bell will retire as a non- executive Director of the Company effective 31 December 2023. Smartgroup also announces that it intends to appoint Mr. Mark Rigotti as an additional independent non-executive Director in early February 2024, subject to completion of all necessary appointment formalities. Mark is the current Managing Director and Chief Executive Officer of the Australian Institute of Company Directors. His previous roles include serving as the Global CEO of Herbert Smith Freehills (HSF) where he was also a Partner. He was also Chair of the firm's Global Executive, Chair of the Global Diversity & Inclusion Group and a Member of the HSF Global Partnership Council. Mark is the Chair of Redkite Children's Charity and is a Board Member of the European Australian Business Council. Upcoming Dividend • Aug 31
Upcoming dividend of AU$0.15 per share at 5.3% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 22 September 2023. Payout ratio is a comfortable 70% and the cash payout ratio is 99%. Trailing yield: 5.3%. Lower than top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (3.4%). Reported Earnings • Aug 25
First half 2023 earnings released: EPS: AU$0.22 (vs AU$0.24 in 1H 2022) First half 2023 results: EPS: AU$0.22 (down from AU$0.24 in 1H 2022). Revenue: AU$116.6m (up 2.7% from 1H 2022). Net income: AU$28.9m (down 6.4% from 1H 2022). Profit margin: 25% (down from 27% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% 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 11% per year whereas the company’s share price has increased by 13% per year. Annuncio • Aug 24
Smartgroup Corporation Ltd Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2023, Payment Date of September 22, 2023 Smartgroup Corporation Ltd. announced Ordinary Fully Paid dividend of AUD 0.15500000 for the six months ended June 30, 2023. Ex Date of September 7, 2023, Record Date of September 8, 2023 and Payment Date of September 22, 2023. Annuncio • Jul 31
Smartgroup Corporation Ltd to Report Q2, 2023 Results on Aug 24, 2023 Smartgroup Corporation Ltd announced that they will report Q2, 2023 results Pre-Market on Aug 24, 2023 Board Change • Mar 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Anne McDonald 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. Reported Earnings • Feb 24
Full year 2022 earnings released Full year 2022 results: Revenue: AU$222.9m (flat on FY 2021). Net income: AU$61.3m (up 4.2% from FY 2021). Profit margin: 28% (up from 27% in FY 2021). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in Australia. Recent Insider Transactions • Sep 22
Independent Non-Executive Director recently bought AU$55k worth of stock On the 20th of September, Ian Watt bought around 10k shares on-market at roughly AU$5.48 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth AU$62k. Insiders have collectively bought AU$210k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 01
Independent Non-Executive Director recently bought AU$59k worth of stock On the 29th of August, Ian Watt bought around 10k shares on-market at roughly AU$5.92 per share. This transaction amounted to 9.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$93k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 27
First half 2022 earnings released: EPS: AU$0.24 (vs AU$0.20 in 1H 2021) First half 2022 results: EPS: AU$0.24 (up from AU$0.20 in 1H 2021). Revenue: AU$113.8m (up 4.0% from 1H 2021). Net income: AU$30.9m (up 16% from 1H 2021). Profit margin: 27% (up from 24% in 1H 2021). Over the next year, revenue is forecast to stay flat compared to a 111% growth forecast for the Professional Services industry in Australia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 15% share price decline to AU$6.54, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Professional Services industry in Australia. Total loss to shareholders of 8.5% over the past three years. Upcoming Dividend • Mar 01
Upcoming dividend of AU$0.49 per share Eligible shareholders must have bought the stock before 08 March 2022. Payment date: 23 March 2022. Payout ratio and cash payout ratio are on the higher end at 80% and 76% respectively. Trailing yield: 8.8%. Within top quartile of Australian dividend payers (5.7%). Higher than average of industry peers (3.9%). Reported Earnings • Feb 19
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: AU$0.45 (up from AU$0.32 in FY 2020). Revenue: AU$222.0m (up 2.6% from FY 2020). Net income: AU$58.8m (up 42% from FY 2020). Profit margin: 27% (up from 19% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.1%, compared to a 295% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improved over the past week After last week's 17% share price gain to AU$9.27, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Professional Services industry in Australia. Total loss to shareholders of 4.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$14.59 per share. Upcoming Dividend • Aug 25
Upcoming dividend of AU$0.17 per share Eligible shareholders must have bought the stock before 01 September 2021. Payment date: 16 September 2021. Trailing yield: 6.2%. Within top quartile of Australian dividend payers (5.0%). Higher than average of industry peers (2.9%). Reported Earnings • Aug 22
First half 2021 earnings released: EPS AU$0.20 (vs AU$0.13 in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: AU$109.4m (down 1.8% from 1H 2020). Net income: AU$26.6m (up 53% from 1H 2020). Profit margin: 24% (up from 16% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Mar 13
New 90-day low: AU$6.19 The company is down 1.0% from its price of AU$6.25 on 11 December 2020. The Australian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$13.78 per share. Executive Departure • Mar 02
Advisor has left the company On the 28th of February, Deven Billimoria's tenure as Advisor ended after 1.1 years in the role. We don't have any record of a personal shareholding under Deven's name. A total of 3 executives have left over the last 12 months. Reported Earnings • Feb 25
Full year 2020 earnings released: EPS AU$0.32 (vs AU$0.48 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: AU$216.3m (down 13% from FY 2019). Net income: AU$41.3m (down 33% from FY 2019). Profit margin: 19% (down from 25% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Feb 25
Revenue misses expectations Revenue missed analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 4.4%, compared to a 13% growth forecast for the Professional Services industry in Australia. Is New 90 Day High Low • Feb 02
New 90-day high: AU$7.34 The company is up 37% from its price of AU$5.36 on 05 November 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$11.78 per share. Is New 90 Day High Low • Dec 23
New 90-day high: AU$6.74 The company is up 16% from its price of AU$5.81 on 25 September 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$12.12 per share. Is New 90 Day High Low • Oct 03
New 90-day low: AU$5.55 The company is down 12% from its price of AU$6.31 on 03 July 2020. The Australian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$11.52 per share.