Annuncio • Jul 06
Beonic Limited has completed a Follow-on Equity Offering in the amount of AUD 3.013558 million. Beonic Limited has completed a Follow-on Equity Offering in the amount of AUD 3.013558 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,491,120
Price\Range: AUD 0.08
Discount Per Security: AUD 0.0016
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,782,575
Price\Range: AUD 0.08
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,232,412
Price\Range: AUD 0.08
Discount Per Security: AUD 0.0032
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,163,368
Price\Range: AUD 0.08
Transaction Features: Rights Offering Annuncio • May 28
Beonic Limited has filed a Follow-on Equity Offering in the amount of AUD 3.013559 million. Beonic Limited has filed a Follow-on Equity Offering in the amount of AUD 3.013559 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,345,525
Price\Range: AUD 0.08
Discount Per Security: AUD 0.0016
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,323,963
Price\Range: AUD 0.08
Discount Per Security: AUD 0.0016
Transaction Features: Rights Offering Annuncio • 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 Annuncio • 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. Annuncio • 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. Annuncio • 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 Board Change • Dec 24
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. 3 non-independent directors. Independent Non-Executive Director Michael McConnell was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • 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 Board Change • Oct 23
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Director Kirsty Rankin is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Director Michael McConnell was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annuncio • 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 New Risk • Mar 12
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). Shares are highly illiquid. Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (AU$9.98m market cap, or US$6.60m). Board Change • Mar 12
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Kirsty Rankin is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Nov 13
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Kirsty Rankin is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annuncio • 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. Board Change • Aug 29
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Kirsty Rankin is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. New Risk • Jul 02
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 Risks No financial data reported. Shares are highly illiquid. Minor Risk Market cap is less than US$100m (AU$19.4m market cap, or US$12.9m). Board Change • May 30
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). Co-Founder, CEO, MD & Executive Director Wayne Arthur is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Kirsty Rankin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • May 15
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). Co-Founder, CEO, MD & Executive Director Wayne Arthur is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Kirsty Rankin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Apr 21
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). Co-Founder, CEO, MD & Executive Director Wayne Arthur is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Kirsty Rankin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Jan 10
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). Co-Founder, CEO, MD & Executive Director Wayne Arthur is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Kirsty Rankin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Nov 17
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. Board Change • Oct 06
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. Board Change • Sep 06
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. Board Change • Jul 21
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. 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. Breakeven Date Change • Jun 02
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 • May 03
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. Reported Earnings • Mar 02
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: AU$0.014 loss per share (down from AU$0.005 loss in 1H 2021). Revenue: AU$11.1m (up 50% from 1H 2021). Net loss: AU$6.28m (loss widened 261% from 1H 2021). Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 47%, compared to a 65% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. 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. Board Change • Oct 31
High number of new directors COO, MD of Australia & Executive Director John Rankin was the last director to join the board, commencing their role in 2021. 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 12% 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. 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 4% 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 20
New 90-day high: AU$0.23 The company is up 73% from its price of AU$0.13 on 22 July 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 19% over the same period.