Board Change • May 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. 2 experienced directors. 2 highly experienced directors. Independent Non Executive Director Stephen Bool 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. お知らせ • Feb 26
Objective Corporation Limited Declares an Ordinary Unfranked Distribution for the Six-Month Period Ended 31 December 2025, Payable on 17 March 2026 Objective Corporation Limited declared an ordinary unfranked distribution of AUD 0.13000000 per share for the six-month period ended 31 December 2025, with an ex-date of 6 March 2026, record date of 9 March 2026, and payment date of 17 March 2026. お知らせ • Jan 15
Objective Corporation Limited to Report First Half, 2026 Results on Feb 26, 2026 Objective Corporation Limited announced that they will report first half, 2026 results on Feb 26, 2026 Board Change • Dec 31
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. 2 experienced directors. 2 highly experienced directors. Non-Executive Director Stephen Bool 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. お知らせ • Oct 23
Objective Corporation Limited, Annual General Meeting, Nov 25, 2025 Objective Corporation Limited, Annual General Meeting, Nov 25, 2025. Declared Dividend • Aug 23
Dividend of AU$0.13 announced Shareholders will receive a dividend of AU$0.13. Ex-date: 5th September 2025 Payment date: 16th September 2025 Dividend yield will be 1.0%, which is higher than the industry average of 0.6%. Payout Ratios Payout ratio: 25%. Cash payout ratio: 57%. Reported Earnings • Aug 22
Full year 2025 earnings released: EPS: AU$0.37 (vs AU$0.33 in FY 2024) Full year 2025 results: EPS: AU$0.37 (up from AU$0.33 in FY 2024). Revenue: AU$123.5m (up 5.1% from FY 2024). Net income: AU$35.4m (up 13% from FY 2024). Profit margin: 29% (up from 27% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Aug 18
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. 2 experienced directors. 2 highly experienced directors. Non-Executive Director Stephen Bool 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. お知らせ • Aug 08
Objective Corporation Limited to Report Fiscal Year 2025 Results on Aug 21, 2025 Objective Corporation Limited announced that they will report fiscal year 2025 results on Aug 21, 2025 お知らせ • Feb 27
Objective Corporation Limited Declares an Interim Unfranked Dividend for the Year Ending 30 June 2025 The Directors of Objective Corporation Limited have declared an interim unfranked dividend of 9 cents per ordinary share for the year ending 30 June 2025. Board Change • Feb 04
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. 2 experienced directors. 2 highly experienced directors. Non-Executive Director Stephen Bool 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. お知らせ • Jan 28
Objective Corporation Limited to Report First Half, 2025 Results on Feb 27, 2025 Objective Corporation Limited announced that they will report first half, 2025 results on Feb 27, 2025 Recent Insider Transactions • Nov 14
Independent Non-Executive Director recently sold AU$1.7m worth of stock On the 11th of November, Darc Dencker-Rasmussen sold around 100k shares on-market at roughly AU$17.22 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. お知らせ • Oct 28
Objective Corporation Limited, Annual General Meeting, Nov 28, 2024 Objective Corporation Limited, Annual General Meeting, Nov 28, 2024. お知らせ • Aug 24
Objective Corporation Limited Announces Payment of A Final Franked Dividend for the Year Ended 30 June 2024, Payable on 16 September 2024 Objective Corporation Limited announced the payment of a final franked dividend of 8 cents per ordinary share for the year ended 30 June 2024 on 16 September 2024. Record date for determining entitlement to the final franked dividend is 5 September 2024. Ex Date is 4 September 2024. Declared Dividend • Aug 24
Dividend of AU$0.08 announced Shareholders will receive a dividend of AU$0.08. Ex-date: 4th September 2024 Payment date: 16th September 2024 Dividend yield will be 0.6%, which is about the same as the industry average. Payout Ratios Payout ratio: 48%. Cash payout ratio: 32%. お知らせ • Aug 24
Objective Corporation Limited Announces Payment of A Final Unfranked Dividend for the Year Ended 30 June 2024, Payable on 17 September 2024 Objective Corporation Limited announced the payment of a final unfranked dividend of 9 cents per ordinary share for the year ended 30 June 2024 (2023 Final unfranked dividend: 13.5 cents) on 17 September 2024. Record date for determining entitlement to the final unfranked dividend is 5 September 2024. Reported Earnings • Aug 22
Full year 2024 earnings released: EPS: AU$0.33 (vs AU$0.22 in FY 2023) Full year 2024 results: EPS: AU$0.33 (up from AU$0.22 in FY 2023). Revenue: AU$117.5m (up 6.5% from FY 2023). Net income: AU$31.3m (up 49% from FY 2023). Profit margin: 27% (up from 19% in FY 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. お知らせ • Aug 13
Objective Corporation Limited to Report Fiscal Year 2024 Results on Aug 22, 2024 Objective Corporation Limited announced that they will report fiscal year 2024 results on Aug 22, 2024 Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$13.56, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 16x in the Software industry in Australia. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$9.37 per share. Reported Earnings • Feb 26
First half 2024 earnings released: EPS: AU$0.17 (vs AU$0.11 in 1H 2023) First half 2024 results: EPS: AU$0.17 (up from AU$0.11 in 1H 2023). Revenue: AU$57.8m (up 5.0% from 1H 2023). Net income: AU$16.4m (up 53% from 1H 2023). Profit margin: 28% (up from 20% in 1H 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. お知らせ • Feb 12
Objective Corporation Limited to Report First Half, 2024 Results on Feb 22, 2024 Objective Corporation Limited announced that they will report first half, 2024 results on Feb 22, 2024 Buy Or Sell Opportunity • Jan 30
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to AU$12.40. The fair value is estimated to be AU$10.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. お知らせ • Oct 25
Objective Corporation Limited, Annual General Meeting, Nov 29, 2023 Objective Corporation Limited, Annual General Meeting, Nov 29, 2023, at 08:30 AUS Eastern Standard Time. Agenda: To receive and consider the financial statements and the reports of the directors and the auditor of the Company for the year ended 30 June 2023; to consider remuneration report for the financial year ended 30 June 2023; to consider retirement and re-election of director; to consider amendments to the Company's Constitution; and to consider other business issues. Upcoming Dividend • Sep 01
Upcoming dividend of AU$0.14 per share at 1.1% yield Eligible shareholders must have bought the stock before 08 September 2023. Payment date: 14 September 2023. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (0.6%). Reported Earnings • Aug 22
Full year 2023 earnings released: EPS: AU$0.22 (vs AU$0.21 in FY 2022) Full year 2023 results: EPS: AU$0.22 (up from AU$0.21 in FY 2022). Revenue: AU$110.4m (up 3.6% from FY 2022). Net income: AU$21.1m (up 7.8% from FY 2022). Profit margin: 19% (in line with FY 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. お知らせ • Aug 14
Objective Corporation Limited to Report Fiscal Year 2023 Results on Aug 21, 2023 Objective Corporation Limited announced that they will report fiscal year 2023 results on Aug 21, 2023 Reported Earnings • Feb 18
First half 2023 earnings released: EPS: AU$0.11 (vs AU$0.092 in 1H 2022) First half 2023 results: EPS: AU$0.11 (up from AU$0.092 in 1H 2022). Revenue: AU$55.0m (up 4.5% from 1H 2022). Net income: AU$10.7m (up 24% from 1H 2022). Profit margin: 20% (up from 17% in 1H 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 28% per year. お知らせ • Feb 10
Objective Corporation Limited to Report First Half, 2023 Results on Feb 16, 2023 Objective Corporation Limited announced that they will report first half, 2023 results on Feb 16, 2023 Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to AU$12.96, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 42x in the Software industry in Australia. Total returns to shareholders of 120% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$11.09 per share. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Darc Dencker-Rasmussen was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 26
Full year 2022 earnings released: EPS: AU$0.21 (vs AU$0.17 in FY 2021) Full year 2022 results: EPS: AU$0.21 (up from AU$0.17 in FY 2021). Revenue: AU$106.5m (up 12% from FY 2021). Net income: AU$19.6m (up 22% from FY 2021). Profit margin: 18% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 09
Upcoming dividend of AU$0.06 per share Eligible shareholders must have bought the stock before 13 September 2022. Payment date: 19 September 2022. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Australian dividend payers (6.5%). Lower than average of industry peers (1.0%). Reported Earnings • Aug 30
Full year 2022 earnings released: EPS: AU$0.21 (vs AU$0.17 in FY 2021) Full year 2022 results: EPS: AU$0.21 (up from AU$0.17 in FY 2021). Revenue: AU$106.5m (up 12% from FY 2021). Net income: AU$19.6m (up 22% from FY 2021). Profit margin: 18% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 38% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 16% share price gain to AU$14.60, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 30x in the Software industry in Australia. Total returns to shareholders of 438% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$13.59 per share. Board Change • Apr 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Darc Dencker-Rasmussen was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 01
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.092 (up from AU$0.077 in 1H 2021). Revenue: AU$52.7m (up 13% from 1H 2021). Net income: AU$8.68m (up 20% from 1H 2021). Profit margin: 17% (in line with 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 30% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 26
Full year 2021 earnings released: EPS AU$0.17 (vs AU$0.12 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$95.1m (up 36% from FY 2020). Net income: AU$16.1m (up 46% from FY 2020). Profit margin: 17% (up from 16% in FY 2020). The increase in margin was driven by higher revenue. 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 95% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Sep 02
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. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Darc Dencker-Rasmussen was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Sep 02
Upcoming dividend of AU$0.09 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 16 September 2021. Trailing yield: 0.5%. Lower than top quartile of Australian dividend payers (5.2%). Lower than average of industry peers (0.9%). Reported Earnings • Aug 28
Full year 2021 earnings released: EPS AU$0.17 (vs AU$0.12 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$95.1m (up 36% from FY 2020). Net income: AU$16.1m (up 46% from FY 2020). Profit margin: 17% (up from 16% in FY 2020). The increase in margin was driven by higher revenue. 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 88% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Aug 25
Independent Non-Executive Director recently sold AU$1.8m worth of stock On the 16th of August, Nicholas Kingsbury sold around 100k shares on-market at roughly AU$18.10 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Mar 02
First half 2021 earnings released: EPS AU$0.077 (vs AU$0.046 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$46.5m (up 40% from 1H 2020). Net income: AU$7.23m (up 70% from 1H 2020). Profit margin: 16% (up from 13% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Jan 18
New 90-day high: AU$14.02 The company is up 5.0% from its price of AU$13.38 on 21 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is flat over the same period. Is New 90 Day High Low • Dec 30
New 90-day low: AU$11.87 The company is down 8.0% from its price of AU$12.90 on 01 October 2020. The Australian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 20% over the same period. Analyst Estimate Surprise Post Earnings • Oct 25
Annual earnings released: Revenue misses expectations Annual revenue missed analyst estimates by 0.4% at AU$70.0m. Revenue is forecast to grow 38% over the next year, compared to a 19% growth forecast for the Software industry in Australia. Reported Earnings • Oct 25
Full year earnings released - EPS AU$0.12 Over the last 12 months the company has reported total profits of AU$11.0m, up 22% from the prior year. Total revenue was AU$70.0m over the last 12 months, up 13% from the prior year. Profit margins were 16%, which is higher than the 15% margin from last year. The increase in margin was driven by higher revenue. Is New 90 Day High Low • Oct 23
New 90-day high: AU$13.97 The company is up 42% from its price of AU$9.83 on 24 July 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 23% over the same period. Is New 90 Day High Low • Oct 01
New 90-day high: AU$12.77 The company is up 41% from its price of AU$9.07 on 03 July 2020. The Australian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 15% over the same period.