Price Target Changed • Nov 16
Price target increased to AU$1.27 Up from AU$1.10, the current price target is provided by 1 analyst. New target price is 127% above last closing price of AU$0.56. The company is forecast to post a net loss per share of AU$0.005 next year compared to a net loss per share of AU$0.018 last year. お知らせ • Nov 01
Rockend Technology Pty Ltd. agreed to acquire PropTech Group Limited (ASX:PTG) for AUD0.6 per share. Rockend Technology Pty Ltd. agreed to acquire PropTech Group Limited (ASX:PTG) for AUD0.6 per share on October 31, 2022. Transaction is subject to PropTech Group Limited (ASX:PTG) shareholder and board approval, court approval, Australian Competition and Consumer Commission approval and from Foreign Investment Review Board approval. As of October 31, 2022 PropTech Group Limited board approved the deal. The deal is expected to close in Early-mid February 2023.PropTech Group is being advised by Nomura Australia Limited, as financial adviser, and Nicholson Ryan Lawyers, as legal adviser. MRI is being advised by Highbury Partnership, as financial adviser, and Corrs Chambers Westgarth, as legal adviser. お知らせ • Sep 28
PropTech Group Limited, Annual General Meeting, Nov 24, 2022 PropTech Group Limited, Annual General Meeting, Nov 24, 2022. Agenda: To consider the re-election of Directors. Reported Earnings • Aug 31
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: AU$0.018 loss per share (down from AU$0.01 loss in FY 2021). Revenue: AU$20.2m (up 81% from FY 2021). Net loss: AU$2.62m (loss widened 162% from FY 2021). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 60%. Over the next year, revenue is forecast to grow 28%, compared to a 50% growth forecast for the Software industry in Australia. お知らせ • Jul 15
PropTech Group Announces Leadership Changes The PropTech Group announced that it has made some organisational changes to strengthen its leadership team and improve operational and revenue generating capabilities. Since relisting 18 months ago, the PropTech Group has dramatically increased its product offering through the acquisition of several businesses and through entering partnership agreements. As part of these acquisitions, the company has also acquired some excellent managers and visionaries. Therefore, to further integrate acquisitions and partnerships and to increase the sales and marketing synergies between them, the PropTech Group has made several changes to its leadership team. These changes include: Luke Paverd has been promoted to PropTech Group's Chief Operating Officer. Luke is the Founder and CEO of Eagle Software and joined the PropTech Group with the Eagle acquisition in 2021. In the new role, he will drive operational success across the Group. Website Blue Chief Operating Officer, Luke Thomas, has been promoted to PropTech Group Chief Commercial Officer. Luke has 10 years of experience at Website Blue, which was acquired in March of 2021. Head of Marketing, Audrey Nicoll, has been promoted to the new role of Chief Marketing Officer. Audrey has over 20 years of leading global marketing teams. Since she joined PropTech Group in March of 2021, she has made the marketing function a tremendous success. Former Chief Revenue Officer, Bill Nikolouzakis, is leaving the business. Price Target Changed • Apr 27
Price target increased to AU$1.27 Up from AU$1.10, the current price target is provided by 1 analyst. New target price is 239% above last closing price of AU$0.38. Stock is down 46% over the past year. The company is forecast to post a net loss per share of AU$0.011 next year compared to a net loss per share of AU$0.01 last year. Recent Insider Transactions • Mar 24
Independent Non-Executive Director recently bought AU$82k worth of stock On the 21st of March, Georg Chmiel bought around 179k shares on-market at roughly AU$0.46 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$236k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 18
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.003 loss per share (up from AU$0.012 loss in 1H 2021). Revenue: AU$9.65m (up 53% from 1H 2021). Net loss: AU$482.1k (loss narrowed 68% from 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 44%, compared to a 30% growth forecast for the industry in Australia. お知らせ • Feb 14
PropTech Group Limited to Report First Half, 2022 Results on Feb 17, 2022 PropTech Group Limited announced that they will report first half, 2022 results on Feb 17, 2022 Recent Insider Transactions • Sep 09
Independent Non-Executive Chairman recently bought AU$85k worth of stock On the 6th of September, Simon Baker bought around 138k shares on-market at roughly AU$0.62 per share. This was the largest purchase by an insider in the last 3 months. This was Simon's only on-market trade for the last 12 months. Is New 90 Day High Low • Mar 16
New 90-day high: AU$0.50 The company is up 5.0% from a price of AU$0.47 on 16 December 2020. Outperformed the Australian market which is up 3.0% over the last 90 days. Exceeded the Interactive Media and Services industry, which is down 3.0% over the same period. お知らせ • Mar 09
PropTech Group Limited (ASX:PTG) completed the acquisition of Website Blue. PropTech Group Limited (ASX:PTG) signed an agreement to acquire Website Blue for AUD 1.5 million on February 23, 2021. Under the terms of transaction, PropTech will acquire Designly, operated by Website Blue. Initial consideration is payable on completion of AUD 0.75 million which includes AUD 0.05 million in cash and AUD 0.6 million in PTG shares, Deferred consideration of AUD 0.375 million is payable 12 months after completion, a further deferred consideration of AUD 0.375 million is payable 24 months after completion. The transaction is expected to complete on or about March 1, 2021.
PropTech Group Limited (ASX:PTG) completed the acquisition of Website Blue on March 8, 2021. PropTech Group today issued 1,623,774 new fully paid ordinary shares (Consideration Shares) as partial consideration for the transaction.