Reported Earnings • Feb 25
First half 2023 earnings released: AU$0.019 loss per share (vs AU$0.006 loss in 1H 2022) First half 2023 results: AU$0.019 loss per share (further deteriorated from AU$0.006 loss in 1H 2022). Revenue: AU$39.2m (down 10% from 1H 2022). Net loss: AU$4.55m (loss widened 195% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings. Board Change • Jan 09
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. 4 non-independent directors. Independent Non Executive Chairman Tony Pearson 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. Board Change • Nov 16
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. 4 non-independent directors. Independent Non Executive Chairman Tony Pearson 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. お知らせ • Sep 20
Cellnet Group Limited, Annual General Meeting, Oct 20, 2022 Cellnet Group Limited, Annual General Meeting, Oct 20, 2022, at 10:01 E. Australia Standard Time. Location: E1 / 5 Grevillea Place, Brisbane Queensland Australia Agenda: To consider and approve Financial statements and reports; Adoption of the Remuneration Report; Re-election of Mr. Tony Pearson as a Director; Re-election of Mr. Michael Wendt as a Director; Approval of Additional Capacity to Issue Shares; and to discuss other matters. Reported Earnings • Aug 31
Full year 2022 earnings released: AU$0.009 loss per share (vs AU$0.016 profit in FY 2021) Full year 2022 results: AU$0.009 loss per share (down from AU$0.016 profit in FY 2021). Revenue: AU$78.6m (down 18% from FY 2021). Net loss: AU$2.30m (down 160% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. お知らせ • Aug 30
Cellnet Group Limited Announces Nil Dividend for the Full Year Ended June 30, 2022 Cellnet Group Limited announced nil dividend for the full year ended June 30, 2022 against previous year final dividend of $0.003. Board Change • Apr 27
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. 4 non-independent directors. Independent Chairman Tony Pearson 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. Recent Insider Transactions • Nov 26
Independent Chairman recently sold AU$51k worth of stock On the 23rd of November, Tony Pearson sold around 728k shares on-market at roughly AU$0.071 per share. In the last 3 months, they made an even bigger sale worth AU$83k. Tony has been a seller over the last 12 months, reducing personal holdings by AU$183k. Recent Insider Transactions • Nov 18
Independent Chairman recently sold AU$83k worth of stock On the 12th of November, Tony Pearson sold around 1m shares on-market at roughly AU$0.059 per share. This was the largest sale by an insider in the last 3 months. Tony has been a seller over the last 12 months, reducing personal holdings by AU$131k. Reported Earnings • Aug 26
Full year 2021 earnings released: EPS AU$0.016 (vs AU$0.022 loss in FY 2020) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: AU$96.7m (flat on FY 2020). Net income: AU$3.81m (up AU$6.18m from FY 2020). Profit margin: 3.9% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 26
First half 2021 earnings released: EPS AU$0.01 (vs AU$0.003 in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: AU$56.5m (down 2.3% from 1H 2020). Net income: AU$2.41m (up AU$2.21m from 1H 2020). Profit margin: 4.3% (up from 0.3% in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Recent Insider Transactions Derivative • Feb 25
Independent Chairman exercised options to buy AU$200k worth of stock. On the 24th of February, Tony Pearson exercised options to buy 2m shares at a strike price of around AU$0.03, costing a total of AU$60k. This transaction amounted to 46% of their direct individual holding at the time of the trade. Since September 2020, Tony's direct individual holding has increased from 1.38m shares to 4.38m. Company insiders have collectively bought AU$676k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions Derivative • Jan 22
Independent Chairman exercised options to buy AU$250k worth of stock. On the 18th of January, Tony Pearson exercised options to buy 2.00m shares at a strike price of around AU$0.03, costing a total of AU$60k. This transaction amounted to 84% of their direct individual holding at the time of the trade. Since September 2020, Tony's direct individual holding has increased from 1.38m shares to 2.38m. Company insiders have collectively bought AU$616k more than they sold, via options and on-market transactions, in the last 12 months. お知らせ • Oct 07
Cellnet Group Limited Brand Partners Update Cellnet Group Limited provided the update to the market in relation to its brand growth strategy for the 2021 financial year (the financial year). Cellnet is continuing to actively pivot its brand portfolio to meet market demand in high growth categories such as gaming and audio. In doing so, the Company is transitioning its business to deliver higher margins for both Cellnet and its customers. As part of this strategy, Cellnet is excited to announce that it has partnered with gaming accessory vendors Stealth Gaming, the number #2 gaming headset brand in the UK, MyArcade, a leader in retro gaming, and Subsonic, a leading European gaming accessories company. Cellnet will distribute these products in both the Australian and New Zealand markets. Cellnet is equally excited to be distributing the proudly Australian audio brand, BlueAnt. BlueAnt has a wide portfolio of audio products designed in Australia for Australians' active lifestyle. Cellnet will also carry Soul electronics, a fast-growing brand of high-quality audio, wireless and smart fitness products on an exclusive basis.