Board Change • Jan 05
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. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Ayten Saridas was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 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. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Ayten Saridas was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Oct 01
Parkway Corporate Limited, Annual General Meeting, Nov 26, 2025 Parkway Corporate Limited, Annual General Meeting, Nov 26, 2025. Reported Earnings • Sep 25
Full year 2025 earnings released: EPS: AU$0 (vs AU$0 in FY 2024) Full year 2025 results: EPS: AU$0 (in line with FY 2024). Revenue: AU$15.3m (up 71% from FY 2024). Net income: AU$15.9k (up AU$750.3k from FY 2024). Profit margin: 0.1% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. New Risk • Sep 17
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 13% 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 Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$27.7m market cap, or US$18.5m). New Risk • Sep 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. 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 2024 fiscal period end). Market cap is less than US$100m (AU$27.7m market cap, or US$18.5m). Buy Or Sell Opportunity • Feb 28
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 33% to AU$0.016. The fair value is estimated to be AU$0.013, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Earnings per share has grown by 25%. Buy Or Sell Opportunity • Dec 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.5% to AU$0.011. The fair value is estimated to be AU$0.013, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Earnings per share has grown by 25%. Annuncio • Oct 26
Parkway Corporate Limited, Annual General Meeting, Nov 27, 2024 Parkway Corporate Limited, Annual General Meeting, Nov 27, 2024. Buy Or Sell Opportunity • Oct 01
Now 23% undervalued Over the last 90 days, the stock has risen 25% to AU$0.01. The fair value is estimated to be AU$0.013, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Earnings per share has grown by 25%. Reported Earnings • Sep 21
Full year 2024 earnings released: EPS: AU$0 (vs AU$0.001 loss in FY 2023) Full year 2024 results: EPS: AU$0 (improved from AU$0.001 loss in FY 2023). Revenue: AU$9.63m (up 126% from FY 2023). Net loss: AU$734.4k (loss narrowed 56% from FY 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Sep 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (10% increase in shares outstanding). Revenue is less than US$5m (AU$4.5m revenue, or US$3.0m). Market cap is less than US$100m (AU$30.4m market cap, or US$20.4m). Annuncio • May 16
Parkway Corporate Limited has completed a Follow-on Equity Offering in the amount of AUD 2.25 million. Parkway Corporate Limited has completed a Follow-on Equity Offering in the amount of AUD 2.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 250,000,000
Price\Range: AUD 0.009
Discount Per Security: AUD 0.000378
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Jan 16
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 13% 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 (13% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Revenue is less than US$5m (AU$4.3m revenue, or US$2.8m). Market cap is less than US$100m (AU$25.1m market cap, or US$16.6m). Annuncio • Oct 26
Parkway Corporate Limited Announces Executive Changes Parkway Corporate Limited provided the following update regarding important changes to executive management of the Company. The Company announced that Mr. Robert van der Laan, the longstanding Chief Financial Officer (CFO) of Parkway since May 2011, will be stepping down from the CFO role, effective 27 October 2023. In early June 2023, the Company announced the appointment of Mr. Mike Hodgkinson to the role of Chief Commercial Officer (CCO), to lead a range of commercial initiatives, including assuming the role of commercial lead, for advancing Parkway's Master Plan concept. During his time as CCO, Mr. Hodgkinson has made a number of significant contributions in relation to a range of strategic and commercial objectives, as well as substantial improvements to the group finance function. In this regard, the Company announced Mr. Hodgkinson has agreed to accept the role of CFO and thereby continue to lead a range of important functions within the Company. Mr. Hodgkinson is a highly accomplished cleantech executive with a wealth of experience in sustainability and innovation. Throughout his career, he has consistently demonstrated his ability to create shareholder value through raising capital, forging strategic partnerships, managing high-growth companies, and successfully commercialising various technologies and engineered products. Throughout his career, Mr. Hodgkinson has also played pivotal roles in securing major contracts and partnerships and managing commercial activities. Mr. Hodgkinson has worked for multinationals including Comalco, Alcatel, and Citigroup, as well as several dynamic VC-backed companies including RayGen and Relectrify. Mr. Hodgkinson is a Certified Practicing Accountant (CPA Australia), has an Executive MBA from Columbia and London Business Schools, and degrees in Economics and Law (with honours) from Monash University. With his background in cleantech and sustainability, exceptional commercial acumen, and proven track record of creating significant shareholder value, Mr. Hodgkinson brings extensive experience to Parkway and is well-positioned to make a valuable contribution to Parkway's growth and success. Annuncio • Oct 05
Parkway Corporate Limited, Annual General Meeting, Nov 30, 2023 Parkway Corporate Limited, Annual General Meeting, Nov 30, 2023. Reported Earnings • Sep 29
Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in FY 2022) Full year 2023 results: AU$0.001 loss per share (in line with FY 2022). Revenue: AU$4.71m (up 35% from FY 2022). Net loss: AU$1.68m (loss narrowed 28% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. New Risk • Aug 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.3m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Revenue is less than US$5m (AU$3.7m revenue, or US$2.4m). Market cap is less than US$100m (AU$33.9m market cap, or US$21.9m). Reported Earnings • Mar 21
First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2022) First half 2023 results: AU$0.001 loss per share (in line with 1H 2022). Revenue: AU$1.70m (up 16% from 1H 2022). Net loss: AU$1.31m (loss narrowed 1.6% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Dec 24
Parkway Corporate Limited Achieves Successful Scale-Up of Transformational iBC® Technology Platform Parkway Corporate Limited advised it has achieved an important milestone in relation to the commercialisation of the iBC® technology platform. During the 2022 Annual General Meeting (AGM) presentation, Parkway announced it had recently achieved a major breakthrough in relation to the treatment of concentrated coal seam gas (CSG) derived brines, through a proprietary iBC® based flowsheet. These highly encouraging results were initially achieved at an experimental scale on small (300 mL) brine samples, and later validated at bench scale on larger (7.5 - 12.5 L) concentrated brine samples, representing a 25 - 40x scale-up. Following confirmation the bench scale testing had achieved all key process parameters, throughout December 2022, the preferred flowsheet was subsequently scaled-up by a further 80x in the recently commissioned iBC® pilot plant, where a 1,000 L bulk CSG brine sample was tested. The large scale iBC® piloting, was intended to achieve a range of critical objectives, including, i) demonstration of the scalability of the results achieved during the bench scale piloting, as well as, ii) provide confidence that each of the key unit operations in the proprietary iBC® based flowsheet, are capable of being implemented, and operated at a commercial scale in an industrial application. Importantly, the large scale iBC® piloting included all the process steps, inclusive of several pre- treatment and post-treatment stages, which collectively constitute the proprietary flowsheet developed by Parkway. The results announced today, confirm all of the objectives from the large scale iBC® piloting have now been achieved successfully, with initial indications that the performance of several key unit operations within the iBC® based flowsheet have exceeded the performance of earlier bench scale piloting. Product samples produced during the large scale iBC® piloting were confirmed to be comparable to the bench scale results, with third party analytical laboratory results indicating, the quality of the primary target product (50% sodium hydroxide solution), likely to be superior based on a range of parameters. The product samples produced during the large scale iBC® piloting, are intended to be used for further internal testwork, as well as industry evaluation, to ensure product specifications are consistent with established industry benchmarks for the respective industrial chemical products. Annuncio • Oct 12
Parkway Corporate Limited Appoints Ayten Saridas as Non-Executive Director Parkway Corporate Limited advised that Ms Ayten Saridas has been appointed to the Company's Board of Directors as a non-executive director, with immediate effect. As an independent non-executive director, Ms Saridas will also be appointed to the Audit & Risk Committee, Remuneration Committee and Nomination Committee. Ms Saridas is a results-driven finance executive with over 30 years of international experience across a broad range of industries including in oil and gas, mining, retail, infrastructure, property, and financial services. Ms Saridas is a proven leader with an established reputation in the financial markets, with a solid track record in the investment community and brings commercial acumen and strength in strategic thinking and delivering solutions for complex financial situations. Ms Saridas has until recently held CFO and executive roles with Coronado Global Resources, Santos Ltd, AWE Limited and Woolworths amongst other ASX listed companies. Ms Saridas's core strengths include working with companies to develop disciplined capital allocation strategies, drive growth through strategic positioning and execution of business plans to deliver sustainable profits. Ayten has led the development of corporate strategy, M&A and IPO transactions, corporate defence and multi-billion dollar capital raisings in support of these achievements. Annuncio • Oct 01
Parkway Corporate Limited, Annual General Meeting, Nov 29, 2022 Parkway Corporate Limited, Annual General Meeting, Nov 29, 2022. Agenda: To consider the election of Directors. Reported Earnings • Oct 01
Full year 2022 earnings released: AU$0.001 loss per share (vs AU$0 in FY 2021) Full year 2022 results: AU$0.001 loss per share (further deteriorated from AU$0 in FY 2021). Revenue: AU$3.48m (up 194% from FY 2021). Net loss: AU$2.33m (loss widened 153% from FY 2021). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 26
Parkway Corporate Limited Announces Alexander Cook Resigned as Executive Director of the Company Parkway Corporate Limited announced that Alexander Cook has resigned from his various positions at the Company, to pursue another career opportunity. Mr. Cook's resignation as Executive Director of the Company will take effect immediately as of today. In accordance with Mr. Cook's Executive Services Agreement with the Company, Mr. Cook will remain an employee (General Counsel & Joint Company Secretary) of the Company for a two-month notice period, making his expected departure date around 25 November 2022. During this notice period, Mr. Cook will assist the Board with an orderly transition of his responsibilities. Ms. Amanda Wilton-Heald will continue performing company secretarial services on behalf of the Company, reverting to her previous position as Company Secretary of the Company. The Board would like to sincerely thank Mr. Cook for his contributions to the Company, since starting as General Counsel on 5 July 2021. Board Change • Sep 21
High number of new directors Independent Non-Executive Chairman Steve van der Sluys was the last director to join the board, commencing their role in 2022. Annuncio • Sep 19
Parkway Corporate Limited Announces Board Changes Parkway Corporate Limited advised the following board changes, with immediate effect: Mr. Adrian Griffin has resigned from his role as Independent Non-Executive Director & Chairman of the Company; and The Directors of the Company have appointed Mr. Stephen van der Sluys, who was recently appointed to the Company's Board as an Independent Non-Executive Director on 31 August 2022, as the new Non-Executive Chairman of the Company. Mr. Griffin is the founding chairman of the Company, and during his tenure, supported a range of historical mineral exploration related initiatives. The Directors wish to express their appreciation for the contribution Mr. Griffin has made to the Company, during his long-standing tenure as Independent Non-Executive Director & Chairman and wish Mr. Griffin every success for the future. Annuncio • Aug 31
Parkway Corporate Limited Announces Appointment of Stephen Van Der Sluys as Non-Executive Director and to the Audit & Risk Committee, Remuneration Committee and Nomination Committee Parkway Corporate Limited announced that Mr. Stephen van der Sluys has been appointed to the Company's Board of Directors as a non-executive director, with immediate effect. As an independent non-executive director, Mr. van der Sluys will also be appointed to the Audit & Risk Committee, Remuneration Committee and Nomination Committee. Mr. van der Sluys is a highly credentialed investment banker and business executive, with extensiveinternational experience in capital markets, strategic transactions, including mergers & acquisitions. Mr. van der Sluys has held a range of roles including: Senior investment banking roles predominantly in Australia and the United States, with Citibank, JP Morgan Chase & Co, Bank of New Zealand and was previously the CEO of CIBC Wood Gundy Australia; Held a number of senior executive roles, at a range of large companies which operate in the mining and resources industry, including as executive director of Queensland Nickel during the period which the company successfully listed as an ASX100 company; and More recently, has assisted a number of junior resource companies achieve corporate success. As executive chairman and subsequently managing director of Jervois Mining Limited, Mr. van der Sluys played a pivotal role in the successful transformation of the company. Mr. van der Sluys will retire and seek re-election at the Company's upcoming Annual General Meeting, which is currently anticipated to occur in November 2022. Reported Earnings • Mar 17
First half 2022 earnings: EPS exceeds analyst expectations First half 2022 results: AU$0.001 loss per share (down from AU$0 in 1H 2021). Revenue: AU$1.47m (up AU$1.47m from 1H 2021). Net loss: AU$1.33m (down 453% from profit in 1H 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 04
Parkway Achieves ISO Accreditation Parkway Corporate Limited advised that following an external certification audit (conducted by QMS Certification Services) of its integrated management system (the "Parkway IMS"), the Parkway IMS has achieved certification ("ISO Certification") in relation to: ISO 9001:2015 (Quality Management Systems); ISO 14001:2015 (Environmental Management Systems); and ISO 45001:2018 (Occupational Health & Safety Management Systems). Parkway's ISO Certification encompasses the activities of all entities within Parkway's corporate group, including the activities of Parkway Process Solutions Pty Ltd, being the design, supply, assembly, installation and commissioning of industrial water treatment related products, services and solutions for various Australian clients, as managed from Parkway's Melbourne head office. Annuncio • Sep 03
Parkway Corporate Limited (ASX:PWN) acquired Mawpump Pty Ltd for AUD 1.3 million. Parkway Corporate Limited (ASX:PWN) acquired Mawpump Pty Ltd for AUD 1.3 million on September 3, 2021. As per the terms, consideration will be paid in the form of upfront consideration of AUD 0.715 million to the vendors at Completion; up to AUD 0.455 million is payable 12 months after Completion provided that Mawpump meets and exceeds a baseline revenue threshold in the 12 months immediately following Completion and AUD 0.13 million of shares in Parkway will be issued to the vendors, 18 months after Completion, provided that Kevin Mawson, Mawpump’s founder, has remained an employee of Mawpump and performed his duties consistently.
Parkway Corporate Limited (ASX:PWN) completed the acquisition of Mawpump Pty Ltd on September 3, 2021. Annuncio • Jan 29
Parkway Minerals NL announced that it expects to receive AUD 5.248 million in funding Parkway Minerals NL (ASX:PWN) announced private placement of 291,555,556 shares at a price of AUD 0.018 per share for gross proceeds of AUD 5,248,000.008 on January 27, 2021. The transaction included participation from sophisticated and professional investors. The company will also issue free attaching unlisted options on a 1:2 basis, with an exercise price of AUD 0.03 and expiring 24 months from the date of issue. The transaction is expected to close on or about February 3, 2021. Annuncio • Nov 20
Parkway Minerals NL (ASX:PWN) agreed to acquire Intellectual property portfolio of Victoria University for AUD 0.04 million. Parkway Minerals NL (ASX:PWN) agreed to acquire Intellectual property portfolio of Victoria University for AUD 0.04 million on November 18, 2020. As per the transaction, Parkway Minerals NL will provide upfront consideration of 4 million fully paid ordinary shares to Victoria University. Parkway Minerals NL undertake to execute a research plan with Victoria University before May 15, 2021, whereby Parkway Minerals NL would agree to procure directly or indirectly research and development related services from Victoria University with a gross aggregate value of no less than AUD 0.5 million. The transaction is subject to Parkway Minerals NL shareholders approval. As of November 19, 2020 The Annual General Meeting will be held on December 23, 2020 regarding shareholders approval. Annuncio • Nov 19
Parkway Minerals NL, Annual General Meeting, Dec 23, 2020 Parkway Minerals NL, Annual General Meeting, Dec 23, 2020, at 08:00 W. Australia Standard Time. Location: Level 1, 677 Murray Street Perth Western Australia Australia Agenda: To consider election of directors; to consider adoption of Remuneration Report (Non-Binding); to consider additional 10% Placement Facility; to approve Director and Senior Management Fee and Remuneration Sacrifice Share Plan; and to consider other matters. Annuncio • Nov 18
Parkway Minerals NL Announces Expansion of Strategic Collaboration with Victoria University Parkway Minerals NL announced Expansion of strategic collaboration with Victoria University. Parkway Minerals and Victoria University have an established and collaborative relationship which formally commenced in 2015 and incorporates: Collaborative research & development related activities, including several projects supported by various government grants, including from the Australian Research Council. Parkway Minerals established an Engineering & Technical Office, co-located at Victoria University's Werribee Campus, earlier this year. Several Parkway Minerals staff members have been granted visiting fellow status by Victoria University, with managing director, Bahay Ozcakmak also appointed an Adjunct Associate Professor by Victoria University. Bahay is an industry-based co- supervisor for a final year PhD student at Victoria University, which is performing breakthrough research funded by and closely aligned with Parkway Minerals. In order to further strengthen the strategic collaboration between Parkway Minerals and Victoria University, the parties have developed a Framework for Cooperation, outlining a range of arrangements, including: Mutual exclusivities in relation to certain R&D related activities, including with respect to the Acquired Innovations, and Ownership of all aMESTM based proprietary process equipment, by the Company. The Research Plan (outlined above), also provides a basis for strong alignment. The parties have agreed to a plan to jointly commission, optimise and operate the new state-of-the-art aMESTM pilot plant, at Victoria University. This testwork will involve feedstock from a range of projects, to support the Company's business development and aMESTM commercialisation related activities. Annuncio • Oct 19
Parkway Minerals NL announced that it expects to receive AUD 1.56828 million in funding Parkway Minerals NL (ASX:PWN) announced private placement of 174,253,330 shares at a price of AUD 0.009 per share for gross proceeds of AUD 1,568,279.97 on October 19, 2020. The transaction included participation from sophisticated and professional investors. The securities are expected to be allotted on October 23, 2020.