View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsLimeade 過去の業績過去 基準チェック /06Limeadeは3.8%の年平均成長率で業績を伸ばしているが、Software業界はgrowingで14.6%毎年増加している。売上は成長しており、年平均2.2%の割合である。主要情報3.85%収益成長率27.62%EPS成長率Software 業界の成長22.05%収益成長率2.24%株主資本利益率-131.00%ネット・マージン-17.07%前回の決算情報31 Mar 2023最近の業績更新Reported Earnings • Mar 03Full year 2022 earnings released: US$0.052 loss per share (vs US$0.04 loss in FY 2021)Full year 2022 results: US$0.052 loss per share (further deteriorated from US$0.04 loss in FY 2021). Revenue: US$56.0m (up 1.5% from FY 2021). Net loss: US$13.2m (loss widened 33% from FY 2021). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 17Third quarter 2022 earnings released: US$0.005 loss per share (vs US$0.013 loss in 3Q 2021)Third quarter 2022 results: US$0.005 loss per share (improved from US$0.013 loss in 3Q 2021). Revenue: US$14.5m (up 2.0% from 3Q 2021). Net loss: US$1.37m (loss narrowed 60% from 3Q 2021). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Australia.Reported Earnings • Aug 31Second quarter 2022 earnings released: US$0.018 loss per share (vs US$0.001 loss in 2Q 2021)Second quarter 2022 results: US$0.018 loss per share (down from US$0.001 loss in 2Q 2021). Revenue: US$14.0m (up 1.5% from 2Q 2021). Net loss: US$4.58m (loss widened US$4.27m from 2Q 2021). Over the next year, revenue is forecast to grow 8.3%, compared to a 50% growth forecast for the Software industry in Australia.Reported Earnings • Feb 27Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: US$0.04 loss per share (down from US$0.001 loss in FY 2020). Revenue: US$55.2m (down 2.5% from FY 2020). Net loss: US$9.97m (loss widened US$9.70m from FY 2020). Revenue exceeded analyst estimates by 6.4%. Over the next year, revenue is expected to shrink by 2.6% compared to a 31% growth forecast for the industry in Australia.Reported Earnings • Aug 30First half 2021 earnings released: US$0.013 loss per share (vs US$0.005 loss in 1H 2020)The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: US$26.9m (down 4.2% from 1H 2020). Net loss: US$3.18m (loss widened 138% from 1H 2020).Reported Earnings • Feb 27Full year 2020 earnings released: US$0.001 loss per share (vs US$0.44 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$56.6m (up 19% from FY 2019). Net loss: US$265.0k (loss narrowed 99% from FY 2019).すべての更新を表示Recent updatesお知らせ • Aug 10Limeade, Inc. Files Form 15Limeade, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended.New Risk • Jun 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% 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 Risk Shares are highly illiquid. Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$8.5m). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (AU$104.3m market cap, or US$69.1m).Reported Earnings • Mar 03Full year 2022 earnings released: US$0.052 loss per share (vs US$0.04 loss in FY 2021)Full year 2022 results: US$0.052 loss per share (further deteriorated from US$0.04 loss in FY 2021). Revenue: US$56.0m (up 1.5% from FY 2021). Net loss: US$13.2m (loss widened 33% from FY 2021). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.お知らせ • Jan 12Limeade, Inc. Announces Resignation of Todd Spartz as Chief Financial Officer, Effective 18 January 2023Limeade, Inc. announced that Mr. Todd Spartz will resign as Chief Financial Officer (CFO) of the Company, departing 18 January 2023 to pursue another opportunity in the corporate sector. The company thanks him for his service. The Company has launched an internal and external search and in the interim, CFO duties will be performed by the existing Limeade Finance team under the leadership of Controller Paul Crick with assistance from outside vendors as appropriate and necessary.Breakeven Date Change • Dec 31Forecast to breakeven in 2025The 2 analysts covering Limeade expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$2.53m in 2025. Average annual earnings growth of 71% is required to achieve expected profit on schedule.Reported Earnings • Nov 17Third quarter 2022 earnings released: US$0.005 loss per share (vs US$0.013 loss in 3Q 2021)Third quarter 2022 results: US$0.005 loss per share (improved from US$0.013 loss in 3Q 2021). Revenue: US$14.5m (up 2.0% from 3Q 2021). Net loss: US$1.37m (loss narrowed 60% from 3Q 2021). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Australia.Board Change • Nov 17High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Lisa Nelson was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Sep 17High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Lisa Nelson was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 31Second quarter 2022 earnings released: US$0.018 loss per share (vs US$0.001 loss in 2Q 2021)Second quarter 2022 results: US$0.018 loss per share (down from US$0.001 loss in 2Q 2021). Revenue: US$14.0m (up 1.5% from 2Q 2021). Net loss: US$4.58m (loss widened US$4.27m from 2Q 2021). Over the next year, revenue is forecast to grow 8.3%, compared to a 50% growth forecast for the Software industry in Australia.Breakeven Date Change • Aug 18Forecast to breakeven in 2024The 2 analysts covering Limeade expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 32% per year to 2023. The company is expected to make a profit of US$94.3k in 2024. Average annual earnings growth of 69% is required to achieve expected profit on schedule.Board Change • Aug 18High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Lisa Nelson was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Breakeven Date Change • Jul 30Forecast to breakeven in 2024The 2 analysts covering Limeade expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 32% per year to 2023. The company is expected to make a profit of US$305.0k in 2024. Average annual earnings growth of 58% is required to achieve expected profit on schedule.Board Change • Jul 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director Deven Billimoria was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jun 15No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director Deven Billimoria was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 28No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director Deven Billimoria was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 27Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: US$0.04 loss per share (down from US$0.001 loss in FY 2020). Revenue: US$55.2m (down 2.5% from FY 2020). Net loss: US$9.97m (loss widened US$9.70m from FY 2020). Revenue exceeded analyst estimates by 6.4%. Over the next year, revenue is expected to shrink by 2.6% compared to a 31% growth forecast for the industry in Australia.Board Change • Feb 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director Deven Billimoria was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jan 25No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director Deven Billimoria was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Nov 11No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director Deven Billimoria was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Sep 16Non-Executive Director recently bought AU$122k worth of stockOn the 14th of September, Deven Billimoria bought around 156k shares on-market at roughly AU$0.79 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Aug 30First half 2021 earnings released: US$0.013 loss per share (vs US$0.005 loss in 1H 2020)The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: US$26.9m (down 4.2% from 1H 2020). Net loss: US$3.18m (loss widened 138% from 1H 2020).Executive Departure • Jun 18Non Executive Director Cameron J. Judson has left the companyOn the 18th of June, Cameron J. Judson's tenure as Non Executive Director ended after 1.5 years in the role. As of March 2021, Cameron J. still personally held only 50.00k shares (AU$42k 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 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model.Executive Departure • Mar 17CFO & Company Secretary has left the companyOn the 12th of March, Toby Davis' tenure as CFO & Company Secretary ended after 4.2 years in the role. We don't have any record of a personal shareholding under Toby's name. Toby is the only executive to leave the company over the last 12 months.Reported Earnings • Feb 27Full year 2020 earnings released: US$0.001 loss per share (vs US$0.44 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$56.6m (up 19% from FY 2019). Net loss: US$265.0k (loss narrowed 99% from FY 2019).Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectationsRevenue exceeded analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 1.8%, compared to a 25% growth forecast for the Software industry in Australia.収支内訳Limeade の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史CHIA:LME 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Mar 2358-10292231 Dec 2256-13312230 Sep 2255-16322330 Jun 2255-18332331 Mar 2255-14312131 Dec 2155-10302030 Sep 2155-6281930 Jun 2155-2271831 Mar 2156-2271831 Dec 20570271730 Sep 2055-18261730 Jun 2053-35261631 Mar 2050-35241631 Dec 1947-35231530 Sep 1946-19211530 Jun 1944-2201431 Mar 1942-3191431 Dec 1840-3181431 Dec 1735-21711質の高い収益: LMEは現在利益が出ていません。利益率の向上: LMEは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: LMEは利益を出していないが、過去 5 年間で年間3.8%の割合で損失を削減してきた。成長の加速: LMEの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: LMEは利益が出ていないため、過去 1 年間の収益成長をSoftware業界 ( 10.5% ) と比較することは困難です。株主資本利益率高いROE: LMEは現在利益が出ていないため、自己資本利益率 ( -131% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health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2023/08/11 22:21終値2023/08/04 00:00収益2023/03/31年間収益2022/12/31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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Limeade, Inc. 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。2 アナリスト機関Owen HumphriesCanaccord GenuityTim LawsonMacquarie Research
Reported Earnings • Mar 03Full year 2022 earnings released: US$0.052 loss per share (vs US$0.04 loss in FY 2021)Full year 2022 results: US$0.052 loss per share (further deteriorated from US$0.04 loss in FY 2021). Revenue: US$56.0m (up 1.5% from FY 2021). Net loss: US$13.2m (loss widened 33% from FY 2021). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 17Third quarter 2022 earnings released: US$0.005 loss per share (vs US$0.013 loss in 3Q 2021)Third quarter 2022 results: US$0.005 loss per share (improved from US$0.013 loss in 3Q 2021). Revenue: US$14.5m (up 2.0% from 3Q 2021). Net loss: US$1.37m (loss narrowed 60% from 3Q 2021). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Australia.
Reported Earnings • Aug 31Second quarter 2022 earnings released: US$0.018 loss per share (vs US$0.001 loss in 2Q 2021)Second quarter 2022 results: US$0.018 loss per share (down from US$0.001 loss in 2Q 2021). Revenue: US$14.0m (up 1.5% from 2Q 2021). Net loss: US$4.58m (loss widened US$4.27m from 2Q 2021). Over the next year, revenue is forecast to grow 8.3%, compared to a 50% growth forecast for the Software industry in Australia.
Reported Earnings • Feb 27Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: US$0.04 loss per share (down from US$0.001 loss in FY 2020). Revenue: US$55.2m (down 2.5% from FY 2020). Net loss: US$9.97m (loss widened US$9.70m from FY 2020). Revenue exceeded analyst estimates by 6.4%. Over the next year, revenue is expected to shrink by 2.6% compared to a 31% growth forecast for the industry in Australia.
Reported Earnings • Aug 30First half 2021 earnings released: US$0.013 loss per share (vs US$0.005 loss in 1H 2020)The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: US$26.9m (down 4.2% from 1H 2020). Net loss: US$3.18m (loss widened 138% from 1H 2020).
Reported Earnings • Feb 27Full year 2020 earnings released: US$0.001 loss per share (vs US$0.44 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$56.6m (up 19% from FY 2019). Net loss: US$265.0k (loss narrowed 99% from FY 2019).
お知らせ • Aug 10Limeade, Inc. Files Form 15Limeade, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended.
New Risk • Jun 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% 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 Risk Shares are highly illiquid. Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$8.5m). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (AU$104.3m market cap, or US$69.1m).
Reported Earnings • Mar 03Full year 2022 earnings released: US$0.052 loss per share (vs US$0.04 loss in FY 2021)Full year 2022 results: US$0.052 loss per share (further deteriorated from US$0.04 loss in FY 2021). Revenue: US$56.0m (up 1.5% from FY 2021). Net loss: US$13.2m (loss widened 33% from FY 2021). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.
お知らせ • Jan 12Limeade, Inc. Announces Resignation of Todd Spartz as Chief Financial Officer, Effective 18 January 2023Limeade, Inc. announced that Mr. Todd Spartz will resign as Chief Financial Officer (CFO) of the Company, departing 18 January 2023 to pursue another opportunity in the corporate sector. The company thanks him for his service. The Company has launched an internal and external search and in the interim, CFO duties will be performed by the existing Limeade Finance team under the leadership of Controller Paul Crick with assistance from outside vendors as appropriate and necessary.
Breakeven Date Change • Dec 31Forecast to breakeven in 2025The 2 analysts covering Limeade expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$2.53m in 2025. Average annual earnings growth of 71% is required to achieve expected profit on schedule.
Reported Earnings • Nov 17Third quarter 2022 earnings released: US$0.005 loss per share (vs US$0.013 loss in 3Q 2021)Third quarter 2022 results: US$0.005 loss per share (improved from US$0.013 loss in 3Q 2021). Revenue: US$14.5m (up 2.0% from 3Q 2021). Net loss: US$1.37m (loss narrowed 60% from 3Q 2021). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Australia.
Board Change • Nov 17High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Lisa Nelson was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Sep 17High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Lisa Nelson was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 31Second quarter 2022 earnings released: US$0.018 loss per share (vs US$0.001 loss in 2Q 2021)Second quarter 2022 results: US$0.018 loss per share (down from US$0.001 loss in 2Q 2021). Revenue: US$14.0m (up 1.5% from 2Q 2021). Net loss: US$4.58m (loss widened US$4.27m from 2Q 2021). Over the next year, revenue is forecast to grow 8.3%, compared to a 50% growth forecast for the Software industry in Australia.
Breakeven Date Change • Aug 18Forecast to breakeven in 2024The 2 analysts covering Limeade expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 32% per year to 2023. The company is expected to make a profit of US$94.3k in 2024. Average annual earnings growth of 69% is required to achieve expected profit on schedule.
Board Change • Aug 18High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Lisa Nelson was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • Jul 30Forecast to breakeven in 2024The 2 analysts covering Limeade expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 32% per year to 2023. The company is expected to make a profit of US$305.0k in 2024. Average annual earnings growth of 58% is required to achieve expected profit on schedule.
Board Change • Jul 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director Deven Billimoria was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jun 15No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director Deven Billimoria was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 28No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director Deven Billimoria was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 27Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: US$0.04 loss per share (down from US$0.001 loss in FY 2020). Revenue: US$55.2m (down 2.5% from FY 2020). Net loss: US$9.97m (loss widened US$9.70m from FY 2020). Revenue exceeded analyst estimates by 6.4%. Over the next year, revenue is expected to shrink by 2.6% compared to a 31% growth forecast for the industry in Australia.
Board Change • Feb 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director Deven Billimoria was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jan 25No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director Deven Billimoria was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Nov 11No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Director Deven Billimoria was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Sep 16Non-Executive Director recently bought AU$122k worth of stockOn the 14th of September, Deven Billimoria bought around 156k shares on-market at roughly AU$0.79 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Aug 30First half 2021 earnings released: US$0.013 loss per share (vs US$0.005 loss in 1H 2020)The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: US$26.9m (down 4.2% from 1H 2020). Net loss: US$3.18m (loss widened 138% from 1H 2020).
Executive Departure • Jun 18Non Executive Director Cameron J. Judson has left the companyOn the 18th of June, Cameron J. Judson's tenure as Non Executive Director ended after 1.5 years in the role. As of March 2021, Cameron J. still personally held only 50.00k shares (AU$42k 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 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model.
Executive Departure • Mar 17CFO & Company Secretary has left the companyOn the 12th of March, Toby Davis' tenure as CFO & Company Secretary ended after 4.2 years in the role. We don't have any record of a personal shareholding under Toby's name. Toby is the only executive to leave the company over the last 12 months.
Reported Earnings • Feb 27Full year 2020 earnings released: US$0.001 loss per share (vs US$0.44 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$56.6m (up 19% from FY 2019). Net loss: US$265.0k (loss narrowed 99% from FY 2019).
Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectationsRevenue exceeded analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 1.8%, compared to a 25% growth forecast for the Software industry in Australia.