View Past PerformanceMindax バランスシートの健全性財務の健全性 基準チェック /66Mindaxの総株主資本はA$28.2M 、総負債はA$0.0で、負債比率は0%となります。総資産と総負債はそれぞれA$30.1MとA$1.9Mです。主要情報0%負債資本比率AU$0負債インタレスト・カバレッジ・レシオn/a現金AU$146.18kエクイティAU$28.25m負債合計AU$1.90m総資産AU$30.14m財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesBoard Change • Mar 26Less than half of directors are independentNo 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. 1 independent director (2 non-independent directors). Independent Non-Executive Director Qinglong Zeng 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.お知らせ • Mar 11Mindax Limited has completed a Follow-on Equity Offering in the amount of AUD 0.13 million.Mindax Limited has completed a Follow-on Equity Offering in the amount of AUD 0.13 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,333,333 Price\Range: AUD 0.03 Transaction Features: Subsequent Direct Listingお知らせ • Mar 10Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.13 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.13 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,333,333 Price\Range: AUD 0.03 Transaction Features: Subsequent Direct ListingNew Risk • Mar 03New minor risk - Share price stabilityThe 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: Major Risks Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m (AU$1.1k revenue, or US$773). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$82.6m market cap, or US$58.0m).お知らせ • Feb 11Mindax Limited has completed a Follow-on Equity Offering in the amount of AUD 0.1 million.Mindax Limited has completed a Follow-on Equity Offering in the amount of AUD 0.1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,702,703 Price\Range: AUD 0.037 Transaction Features: Subsequent Direct Listingお知らせ • Feb 10Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.1 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,702,703 Price\Range: AUD 0.037 Transaction Features: Subsequent Direct ListingNew Risk • Dec 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% 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 Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m (AU$1.1k revenue, or US$739). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$106.0m market cap, or US$71.2m).お知らせ • Dec 13Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.1 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,631,579 Price\Range: AUD 0.038 Transaction Features: Subsequent Direct Listingお知らせ • Nov 27Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.2 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.2 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,878,049 Price\Range: AUD 0.041 Transaction Features: Subsequent Direct ListingNew Risk • Sep 30New minor risk - Financial data availabilityThe 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: Major Risks Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m. 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$124.5m market cap, or US$82.2m).お知らせ • Sep 27Mindax Limited, Annual General Meeting, Nov 14, 2025Mindax Limited, Annual General Meeting, Nov 14, 2025.お知らせ • Jul 10Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 1.59961 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 1.59961 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,440,299 Price\Range: AUD 0.0482 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,894,022 Price\Range: AUD 0.04786 Transaction Features: Subsequent Direct Listingお知らせ • Jul 09+ 2 more updatesMindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.999988 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.999988 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,894,022 Price\Range: AUD 0.04786 Transaction Features: Subsequent Direct ListingNew Risk • May 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$153.7m (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$153.7m market cap, or US$99.0m).Reported Earnings • Mar 19First half 2025 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2024)First half 2025 results: EPS: AU$0 (improved from AU$0.001 loss in 1H 2024). Net loss: AU$1.01m (loss narrowed 20% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.お知らせ • Mar 05Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.3 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,941,176 Price\Range: AUD 0.034 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 6,060,606 Price\Range: AUD 0.033 Transaction Features: Subsequent Direct ListingBoard Change • Feb 19Less than half of directors are independentNo 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. 1 independent director (2 non-independent directors). Independent Non-Executive Director Qinglong Zeng 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.New Risk • Dec 04New minor risk - Share price stabilityThe 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.4m free cash flow). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m (AU$3.0k revenue, or US$1.9k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Significant insider selling over the past 3 months (AU$7.6m sold). Market cap is less than US$100m (AU$86.0m market cap, or US$55.2m).お知らせ • Oct 03Mindax Limited, Annual General Meeting, Nov 21, 2024Mindax Limited, Annual General Meeting, Nov 21, 2024.New Risk • Sep 27New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$1.8m free cash flow). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m (AU$37k revenue, or US$25k). Minor Risk Market cap is less than US$100m (AU$96.3m market cap, or US$66.2m).Reported Earnings • Sep 27Full year 2024 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in FY 2023)Full year 2024 results: AU$0.001 loss per share (improved from AU$0.003 loss in FY 2023). Net loss: AU$2.28m (loss narrowed 59% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 13First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2023)First half 2024 results: AU$0.001 loss per share (in line with 1H 2023). Net loss: AU$1.26m (loss narrowed 21% from 1H 2023).New Risk • Oct 17New minor risk - Share price stabilityThe 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: Major Risk Revenue is less than US$1m (AU$2.0 revenue, or US$1.0). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Market cap is less than US$100m (AU$114.6m market cap, or US$72.7m).お知らせ • Sep 27Mindax Limited, Annual General Meeting, Nov 16, 2023Mindax Limited, Annual General Meeting, Nov 16, 2023. Agenda: To consider the re-election and appointment of directors.Board Change • Mar 06Less than half of directors are independentFollowing 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 Director Qinglong Zeng 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.財務状況分析短期負債: MDXの 短期資産 ( A$1.9M ) が 短期負債 ( A$1.5M ) を超えています。長期負債: MDXの短期資産 ( A$1.9M ) が 長期負債 ( A$424.2K ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: MDXは負債がありません。負債の削減: MDX 5 年前には負債がありませんでした。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: MDXは、前回報告された フリーキャッシュフロー に基づいて0か月分の十分な キャッシュランウェイ を有していますが、その後追加の資本を調達しました。キャッシュランウェイの予測: MDXフリーキャッシュフロー 推定値 に基づいて0か月間十分なキャッシュランウェイがあると予測されていますが、その後、追加の資本を調達しました。健全な企業の発掘7D1Y7D1Y7D1YMaterials 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/18 21:32終値2026/06/16 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Mindax Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Board Change • Mar 26Less than half of directors are independentNo 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. 1 independent director (2 non-independent directors). Independent Non-Executive Director Qinglong Zeng 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.
お知らせ • Mar 11Mindax Limited has completed a Follow-on Equity Offering in the amount of AUD 0.13 million.Mindax Limited has completed a Follow-on Equity Offering in the amount of AUD 0.13 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,333,333 Price\Range: AUD 0.03 Transaction Features: Subsequent Direct Listing
お知らせ • Mar 10Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.13 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.13 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,333,333 Price\Range: AUD 0.03 Transaction Features: Subsequent Direct Listing
New Risk • Mar 03New minor risk - Share price stabilityThe 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: Major Risks Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m (AU$1.1k revenue, or US$773). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$82.6m market cap, or US$58.0m).
お知らせ • Feb 11Mindax Limited has completed a Follow-on Equity Offering in the amount of AUD 0.1 million.Mindax Limited has completed a Follow-on Equity Offering in the amount of AUD 0.1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,702,703 Price\Range: AUD 0.037 Transaction Features: Subsequent Direct Listing
お知らせ • Feb 10Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.1 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,702,703 Price\Range: AUD 0.037 Transaction Features: Subsequent Direct Listing
New Risk • Dec 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% 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 Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m (AU$1.1k revenue, or US$739). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$106.0m market cap, or US$71.2m).
お知らせ • Dec 13Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.1 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,631,579 Price\Range: AUD 0.038 Transaction Features: Subsequent Direct Listing
お知らせ • Nov 27Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.2 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.2 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,878,049 Price\Range: AUD 0.041 Transaction Features: Subsequent Direct Listing
New Risk • Sep 30New minor risk - Financial data availabilityThe 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: Major Risks Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m. 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$124.5m market cap, or US$82.2m).
お知らせ • Sep 27Mindax Limited, Annual General Meeting, Nov 14, 2025Mindax Limited, Annual General Meeting, Nov 14, 2025.
お知らせ • Jul 10Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 1.59961 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 1.59961 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,440,299 Price\Range: AUD 0.0482 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,894,022 Price\Range: AUD 0.04786 Transaction Features: Subsequent Direct Listing
お知らせ • Jul 09+ 2 more updatesMindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.999988 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.999988 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,894,022 Price\Range: AUD 0.04786 Transaction Features: Subsequent Direct Listing
New Risk • May 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$153.7m (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$153.7m market cap, or US$99.0m).
Reported Earnings • Mar 19First half 2025 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2024)First half 2025 results: EPS: AU$0 (improved from AU$0.001 loss in 1H 2024). Net loss: AU$1.01m (loss narrowed 20% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 05Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.3 million.Mindax Limited has filed a Follow-on Equity Offering in the amount of AUD 0.3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,941,176 Price\Range: AUD 0.034 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 6,060,606 Price\Range: AUD 0.033 Transaction Features: Subsequent Direct Listing
Board Change • Feb 19Less than half of directors are independentNo 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. 1 independent director (2 non-independent directors). Independent Non-Executive Director Qinglong Zeng 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.
New Risk • Dec 04New minor risk - Share price stabilityThe 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.4m free cash flow). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m (AU$3.0k revenue, or US$1.9k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Significant insider selling over the past 3 months (AU$7.6m sold). Market cap is less than US$100m (AU$86.0m market cap, or US$55.2m).
お知らせ • Oct 03Mindax Limited, Annual General Meeting, Nov 21, 2024Mindax Limited, Annual General Meeting, Nov 21, 2024.
New Risk • Sep 27New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$1.8m free cash flow). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m (AU$37k revenue, or US$25k). Minor Risk Market cap is less than US$100m (AU$96.3m market cap, or US$66.2m).
Reported Earnings • Sep 27Full year 2024 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in FY 2023)Full year 2024 results: AU$0.001 loss per share (improved from AU$0.003 loss in FY 2023). Net loss: AU$2.28m (loss narrowed 59% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 13First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2023)First half 2024 results: AU$0.001 loss per share (in line with 1H 2023). Net loss: AU$1.26m (loss narrowed 21% from 1H 2023).
New Risk • Oct 17New minor risk - Share price stabilityThe 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: Major Risk Revenue is less than US$1m (AU$2.0 revenue, or US$1.0). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Market cap is less than US$100m (AU$114.6m market cap, or US$72.7m).
お知らせ • Sep 27Mindax Limited, Annual General Meeting, Nov 16, 2023Mindax Limited, Annual General Meeting, Nov 16, 2023. Agenda: To consider the re-election and appointment of directors.
Board Change • Mar 06Less than half of directors are independentFollowing 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 Director Qinglong Zeng 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.