View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsGenex Power 配当と自社株買い配当金 基準チェック /06Genex Power配当金を支払った記録がありません。主要情報n/a配当利回り-6.2%バイバック利回り総株主利回り-6.2%将来の配当利回り0%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesお知らせ • Aug 02Electric Power Development Co., Ltd. (TSE:9513) completed the acquisition of remaining 92.28% stake in Genex Power Limited (ASX:GNX) from Skip Capital Pty. Ltd. and others.Electric Power Development Co., Ltd. (TSE:9513) entered into a non-binding, indicative and conditional proposal to acquire 92.28% stake in Genex Power Limited (ASX:GNX) from Skip Capital Pty. Ltd. and others for approximately AUD 350 million on February 5, 2024. Potential Transaction will be funded by Electric Power Development Co., Ltd.’s existing cash reserves and debt facilities. Transaction is subject to Due diligence investigation, approval from Genex Power Limited's shareholders and Subject to court approval and the receipt of all necessary regulatory approvals, including approval from the Foreign Investment Review Board. As of March 30, 2024, J-POWER reconfirmed the Indicative Proposal to Genex and also confirmed it had completed its due diligence on Genex. On April 2, 2024, Genex announced to the ASX that Genex had agreed to extend the Exclusivity Period under the Confidentiality and Exclusivity Deed to Monday, 8 April 2024 to allow additional time for the parties to negotiate an Implementation Agreement for the Potential Scheme. The finalisation of the Implementation Agreement remains subject to the Genex IBC’s approval and J-POWER’s final internal approvals. Accordingly, following a request from J-POWER, Genex has agreed to a further extension of the Exclusivity Period under the Confidentiality and Exclusivity Deed to 5.00pm (AEST) on Monday, 15 April 20242 to allow additional time for the Implementation Agreement to be finalised and J-POWER to obtain the required internal approvals. As of April 12, 2024, board of directors of Genex Power Limited unanimously recommends that Genex Power Limited shareholders vote in favor of the Scheme at the Scheme Meeting. As of June 14, 2024, the Foreign Investment Review Board has approved the transaction. As of July 19, 2024, he transaction is approved by Supreme Court of New South Wales. The transaction is expected to complete in late July 2024. As per the transaction, Genex will be required to pay a break fee to J-POWER and J-POWER will be required to pay a reverse break fee to Genex. The amount of each of the break fee and the reverse break fee, should either become payable is AUD 3.5 million. Goldman Sachs Australia Pty Ltd acted as Financial advisor and Gilbert and Tobin acted as legal advisor to Genex Power Limited. Macquarie Capital Securities (Japan) Limited acted as financial advisor to J-Power. MinterEllison acted as legal advisor to Electric Power Development Co., Ltd. Electric Power Development Co., Ltd. (TSE:9513) completed the acquisition of remaining 92.28% stake in Genex Power Limited (ASX:GNX) from Skip Capital Pty. Ltd. and others on July 31, 2024.お知らせ • Apr 23Genex Power Limited to Report Q3, 2024 Results on Apr 29, 2024Genex Power Limited announced that they will report Q3, 2024 results on Apr 29, 2024お知らせ • Mar 06Electric Power Development Co., Ltd. (TSE:9513) entered into a non-binding, indicative and conditional proposal to acquire 92.2% stake in Genex Power Limited (ASX:GNX) from Skip Capital Pty. Ltd. and others for approximately AUD 350 million.Electric Power Development Co., Ltd. (TSE:9513) entered into a non-binding, indicative and conditional proposal to acquire 92.2% stake in Genex Power Limited (ASX:GNX) from Skip Capital Pty. Ltd. and others for approximately AUD 350 million on February 5, 2024. Potential Transaction will be funded by Electric Power Development Co., Ltd.’s existing cash reserves and debt facilities. Transaction is subject to Due diligence investigation, approval from Genex Power Limited's shareholders and Subject to court approval and the receipt of all necessary regulatory approvals, including approval from the Foreign Investment Review Board. Goldman Sachs Australia Pty Ltd acted as Financial advisor and Gilbert and Tobin acted as legal advisor to Genex Power Limited.New Risk • Feb 27New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: AU$5.3m Forecast net loss in 2 years: AU$6.2m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-AU$166m free cash flow). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (AU$6.2m net loss in 2 years).Breakeven Date Change • Feb 01Forecast breakeven date pushed back to 2026The 2 analysts covering Genex Power previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of AU$300.0k in 2026.New Risk • Oct 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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$237m free cash flow). Earnings are forecast to decline by an average of 11% per year for the foreseeable future.New Risk • Oct 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 16% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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$237m free cash flow). Earnings are forecast to decline by an average of 16% per year for the foreseeable future.お知らせ • Oct 05Genex Power Limited, Annual General Meeting, Nov 20, 2023Genex Power Limited, Annual General Meeting, Nov 20, 2023, at 09:30 AUS Eastern Standard Time. Location: offices of Allens, Deutsche Bank Place - Corner Hunter and Phillip Streets, Level 28 126 Phillip Street Sydney New South Wales Australia Agenda: To receive and consider the consolidated financial report of the Company (which includes the financial statements and the Directors' Report and the Auditor's Report) for the financial year ended 30 June 2023; to consider the adoption of Remuneration Report; to consider the increase in Aggregate Maximum Amount of Non-Executive Directors's Fees; to consider the conditional Board Spill Resolution pursuant to section 250V of the Corporations Act; and to consider the additional Placement Capacity.Price Target Changed • Aug 31Price target increased by 9.0% to AU$0.27Up from AU$0.25, the current price target is an average from 2 analysts. New target price is 88% above last closing price of AU$0.14. Stock is down 37% over the past year. The company is forecast to post earnings per share of AU$0.0024 next year compared to a net loss per share of AU$0.00074 last year.Breakeven Date Change • Aug 25No longer forecast to breakevenThe 2 analysts covering Genex Power no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$33.0m in 2026. New consensus forecast suggests the company will make a loss of AU$1.90m in 2026.Reported Earnings • Aug 25Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in FY 2022)Full year 2023 results: AU$0.001 loss per share (improved from AU$0.003 loss in FY 2022). Revenue: AU$24.6m (flat on FY 2022). Net loss: AU$1.03m (loss narrowed 75% from FY 2022). Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Global Renewable Energy industry. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Aug 24Genex Power Limited to Report Fiscal Year 2023 Results on Aug 25, 2023Genex Power Limited announced that they will report fiscal year 2023 results on Aug 25, 2023New Risk • Aug 22New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Interest payments are not well covered by earnings (1.2x net interest cover). Earnings are forecast to decline by an average of 129% per year for the foreseeable future. High level of non-cash earnings (54% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).お知らせ • Aug 01Genex Power Limited Announces Appointment of Patrick Mccarthy to Chief Financial OfficerGenex Power Limited announced the appointment of Patrick McCarthy to the position of Chief Financial Officer (CFO) of Genex, commencing on 16 October 2023. Patrick is an experienced energy executive, having been involved in the renewable energy sector in Australia and the UK since 2009. A Chartered Accountant, he has previously worked at ASX-listed Infigen Energy Ltd. (acquired by Iberdrola) and Macquarie Asset Management (Green Investment Group), where he was involved in the acquisition of the Green Investment Bank by Macquarie Group and subsequently as Head of Finance for renewable energy investments (comprising $6Bn in assets under management). Most recently, Patrick has worked at Brighte Energy and at Elgin Energy Australia. Originally from Ireland, Patrick holds a Bachelor of Commerce (Accounting) from University of Dublin and is a Chartered Tax Adviser with the Irish Taxation Institute.お知らせ • May 10Genex Power Limited Announces Executive ChangesGenex Power Limited announced the appointment of Craig Francis as the company's new chief executive officer (CEO), effective from 1 September 2023. Craig, currently the company's chief financial officer (CFO), will succeed James Harding who will retire from the role on 31 August 2023 after five years as CEO. Following his retirement, James will continue to support the company as a consultant to ensure a smooth transition period. The company has commenced the search for a replacement CFO and an announcement regarding this appointment is expected to be made in the coming months. Craig is an experienced leader with deep knowledge of the energy sector. He joined the company in 2017 to lead the commercial development of the Company's portfolio and was promoted to CFO in 2021. During his time with the company, Craig has been a core part of the leadership team and has been instrumental in delivering the Company's portfolio to its current level of maturity. Prior to the company, Craig was part of the corporate finance team at Cantor Fitzgerald Europe in the UK where he focused on advising clients in the energy and natural resources sectors. Craig has also worked at boutique corporate finance advisers RFC Ambrian and Helmsec Global Capital in London and Sydney. James Harding joined the company as Executive General Manager in 2016 and was appointed CEO in May 2018.Price Target Changed • Mar 23Price target increased by 16% to AU$0.26Up from AU$0.23, the current price target is an average from 2 analysts. New target price is 86% above last closing price of AU$0.14. The company is forecast to post a net loss per share of AU$0.003 next year compared to a net loss per share of AU$0.0035 last year.Board Change • Mar 23Less than half of directors are independentFollowing 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 Teresa Dyson 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 • Dec 22Genex Power Limited Announces Change of Company SecretaryGenex Power Limited advised the appointment of Mrs. Ana Ligia Gomiero-Guthrie as Company Secretary (CoSec) effective from 21 December 2022. Ms Gomiero-Guthrie joined Genex in November 2021 as General Counsel. Ms Gomiero-Guthrie has more than 15 years' experience advising on corporate and banking and finance transactions, with a focus on project and infrastructure finance across wind, solar, battery and pumped hydro. She was previously with global law firm Baker & McKenzie and has practiced in Australia, Brazil and the United States. Ms Gomiero-Guthrie's appointment follows Mr. Justin Clyne's advice to the Board that he will retire from the role effective 31 December 2022. Mr. Clyne has acted as Genex's Company Secretary since early 2014, approximately 18 months prior to the Company's listing on the ASX.お知らせ • Nov 24Genex Power Limited Announces Kidston Stage 3 Wind Project UpdateGenex Power Limited along with its joint development partner, Electric Power Development Co. Ltd. (J-POWER) for the Kidston Stage 3 Wind Project (K3-Wind or the Project) located in Kidston, Queensland is pleased to provide the following update on the Project. Following engagement with several Original Equipment Manufacturers (OEM) of Wind Turbine Generators (WTGs), Genex has formally appointed Goldwind Australia (Goldwind) as the preferred WTG provider for the K3-Wind Project. Goldwind is a leading vertically integrated global wind power company offering comprehensive wind power solutions. In March 2022, Goldwind's accumulated installed capacity exceeded 87GW comprising over 45,000 units of installed WTGs globally. To date, Goldwind has almost 1.5GW of installed power generation across Australia and has developed a strong understanding of the Australian market. Goldwind has a proven track record with the successful connection of large scale generation assets across most Australian states and has significant expertise in grid related areas to assist Genex with the grid connection process for the Project. Work has begun in relation to grid connection, and it is expected that a formal Early Contractor Involvement (ECI) Agreement will be entered into in First Quarter CY23. Genex, J-POWER and Goldwind will work together to finalise the Turbine Supply and Install (TSI) and Operations and Maintenance (O&M) contracts and complete the remaining development works required to reach Final Investment Decision (FID) by the end of CY23. Following a study underta en by the Company's appointed grid consultant for the Project, Genex has confirmed that the total installed capacity of the Project has formally increased from up to 200MW to up to 258MW.Breakeven Date Change • Nov 16Forecast breakeven date moved forward to 2023The 2 analysts covering Genex Power previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of AU$650.0k in 2023. Earnings growth of 57% is required to achieve expected profit on schedule.Board Change • Nov 16Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Non-Executive Director Teresa Dyson 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.Breakeven Date Change • Nov 10Forecast breakeven date moved forward to 2023The 2 analysts covering Genex Power previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of AU$5.30m in 2023.Board Change • Nov 01Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Non-Executive Director Teresa Dyson 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 • Aug 10Genex Power Limited (ASX:GNX) entered into an agreement to acquire 2GW multi-stage Bulli Creek Clean Energy Project from Solar Choice Pty Ltd.Genex Power Limited (ASX:GNX) entered into an agreement to acquire 2GW multi-stage Bulli Creek Clean Energy Project from Solar Choice Pty Ltd on August 10, 2022.Board Change • Aug 09Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Non-Executive Director Teresa Dyson 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 • Aug 03Stonepeak Partners LP and Skip Enterprises Pty Ltd ATF Farquhar Trust cancelled the proposal to acquire 80.1% stake in Genex Power Limited (ASX:GNX).Stonepeak Partners LP and Skip Enterprises Pty Ltd ATF Farquhar Trust made the proposal to acquire 80.1% stake in Genex Power Limited (ASX:GNX) for approximately AUD 170 million on July 25, 2022. As per the transaction, Stonepeak Partners LP and Skip Essential Infrastructure Fund made the proposal to acquire shares at AUD 0.23 per share. The transaction is subject to a number of conditions, including, but not limited to the satisfactory completion of the Consortium’s due diligence, the receipt of all necessary internal approvals, the unanimous recommendation of the Genex Board, and the execution of binding transaction documents. Transaction will be subject to the approval of the Foreign Investment Review Board. Genex Shareholders do not need to take any action in relation to the transaction. Genex has appointed Goldman Sachs as its financial adviser and Gilbert + Tobin as its legal adviser, in relation to the transaction. Stonepeak Partners LP and Skip Enterprises Pty Ltd ATF Farquhar Trust cancelled the proposal to acquire 80.1% stake in Genex Power Limited (ASX:GNX) on August 1, 2022. The board of Genex unanimously concluded the bid undervalued the assets and the offer would not be suitable for the shareholders.お知らせ • Jul 30Genex Power Limited, Annual General Meeting, Nov 23, 2022Genex Power Limited, Annual General Meeting, Nov 23, 2022, at 10:00 AUS Eastern Standard Time.お知らせ • Jul 27Stonepeak Partners LP and Skip Essential Infrastructure Fund made the proposal to acquire 80.1% stake in Genex Power Limited (ASX:GNX) for approximately AUD 170 million.Stonepeak Partners LP and Skip Essential Infrastructure Fund made the proposal to acquire 80.1% stake in Genex Power Limited (ASX:GNX) for approximately AUD 170 million on July 25, 2022. As per the transaction, Stonepeak Partners LP and Skip Essential Infrastructure Fund made the proposal to acquire shares at AUD 0.23 per share. The transaction is subject to a number of conditions, including, but not limited to the satisfactory completion of the Consortium’s due diligence, the receipt of all necessary internal approvals, the unanimous recommendation of the Genex Board, and the execution of binding transaction documents. Transaction will be subject to the approval of the Foreign Investment Review Board. Genex Shareholders do not need to take any action in relation to the transaction. Genex has appointed Goldman Sachs as its financial adviser and Gilbert + Tobin as its legal adviser, in relation to the transaction.Breakeven Date Change • Jul 26Forecast to breakeven in 2025The 3 analysts covering Genex Power expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$17.3m in 2025. Average annual earnings growth of 23% is required to achieve expected profit on schedule.Breakeven Date Change • Jun 30Forecast to breakeven in 2025The 3 analysts covering Genex Power expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$11.7m in 2025. Average annual earnings growth of 47% is required to achieve expected profit on schedule.Major Estimate Revision • Apr 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from AU$21.2m to AU$21.5m. Forecast EPS reduced from AU$0 to -AU$0.01 per share. Renewable Energy industry in Australia expected to see average net income growth of 31% next year. Consensus price target down from AU$0.33 to AU$0.31. Share price rose 3.4% to AU$0.15 over the past week.Board Change • Apr 27Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Non-Executive Director Teresa Dyson 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 01First half 2022 earnings: EPS and revenues exceed analyst expectationsFirst half 2022 results: AU$0.005 loss per share (up from AU$0.008 loss in 1H 2021). Revenue: AU$9.44m (up 66% from 1H 2021). Net loss: AU$4.41m (loss widened 31% from 1H 2021). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 296%. Over the next year, revenue is forecast to grow 63%, compared to a 57% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 17% per year.お知らせ • Feb 28Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 40 million.Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 40 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 266,666,667 Price\Range: AUD 0.15 Discount Per Security: AUD 0.00675 Transaction Features: Subsequent Direct Listingお知らせ • Feb 24Genex Power Limited announced that it expects to receive AUD 40 million in fundingGenex Power Limited announced a private placement of 266,666,667 shares at a price of AUD 0.15 per share for gross proceeds of AUD 40,000,000 on February 22, 2022. The transaction will include participation from existing and new domestic and international institutional investors. The transaction is expected to close by February 25, 2022.お知らせ • Jan 22Genex Power Limited Commenced Underground Works At Kidston HydroGenex Power Limited provided the following construction update for the 250MW Kidston Pumped Storage Hydro Project (K2-Hydro or the Project). During December 2021 and January 2022 (the Period) extensive works relating to the Main Access Tunnel (MAT) for the Project have been undertaken. The commencement of the MAT is ahead of the contract schedule and progressing well. The MAT makes up a 1.5km long horseshoe profile having dimensions of approximately 6m wide and 6m high. It is graded at 14% (1:7) in a spiral to access the powerhouse cavern which is approximately 250m below ground level. The powerhouse cavern will house the two 125MW Andritz Hydro reversible pump-turbines. The MAT is constructed using conventional full-face drill and blast excavation methodology, with a single heading taking approximately 6 months to reach the first adit which will provide first access tothe powerhouse cavern. Once the first adit is reached, multiple tunnel headings will progress to expedite the powerhouse cavern excavation. With preparation works for the MAT completed in early 2022 including portal face stabilization and preparation works, the EPC Contractor joint venture for the Project have formally commenced the underground excavation works with the first major blast for the MAT. Following this milestone, tunneling operations are now progressing on a 24/7 basis with two shifts per day, which is scheduled to progress the tunneling works at an average rate of 8m per day over the next 6 months. In addition to commencement of the underground works, site activity continues to ramp-up, with works commenced on the following near term construction milestones: Commencement of procurement and manufacture of key turbine components; Completion of the blast magazine storage area and access road; Near completion of the 22kV distribution line with transformer installed with final connection works still ongoing; Ongoing aggregate crushing plant and concrete batch plant operations; and Continuation of services reticulation around the site for construction purposes.Breakeven Date Change • Nov 24No longer forecast to breakevenThe 3 analysts covering Genex Power no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$1.00m in 2024. New consensus forecast suggests the company will make a loss of AU$13.4m in 2024.Recent Insider Transactions • Nov 04Executive Director recently sold AU$2.2m worth of stockOn the 1st of November, Simon R. Kidston sold around 10m shares on-market at roughly AU$0.22 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 • Aug 29Full year 2021 earnings releasedThe company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: AU$21.7m (up 111% from FY 2020). Net loss: AU$18.7m (loss widened 78% from FY 2020).お知らせ • May 19Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 25.003564 million.Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 25.003564 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 106,990,005 Price\Range: AUD 0.2337 Transaction Features: Subsequent Direct Listing分析記事 • Apr 07Breakeven On The Horizon For Genex Power Limited (ASX:GNX)With the business potentially at an important milestone, we thought we'd take a closer look at Genex Power Limited's...Reported Earnings • Mar 02First half 2021 earnings released: AU$0.008 loss per share (vs AU$0.02 loss in 1H 2020)First half 2021 results: Net loss: AU$3.37m (loss narrowed 60% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Price Target Changed • Feb 24Price target raised to AU$0.36Up from AU$0.33, the current price target is an average from 2 analysts. The new target price is 41% above the current share price of AU$0.26. As of last close, the stock is up 31% over the past year.分析記事 • Feb 22At AU$0.26, Is It Time To Put Genex Power Limited (ASX:GNX) On Your Watch List?While Genex Power Limited ( ASX:GNX ) might not be the most widely known stock at the moment, it led the ASX gainers...分析記事 • Feb 01What Kind Of Shareholders Hold The Majority In Genex Power Limited's (ASX:GNX) Shares?The big shareholder groups in Genex Power Limited ( ASX:GNX ) have power over the company. Large companies usually have...Is New 90 Day High Low • Feb 01New 90-day high: AU$0.27The company is up 50% from its price of AU$0.18 on 03 November 2020. The Australian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.24 per share.Is New 90 Day High Low • Jan 15New 90-day high: AU$0.25The company is up 39% from its price of AU$0.18 on 16 October 2020. The Australian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.23 per share.分析記事 • Jan 11Who Has Been Selling Genex Power Limited (ASX:GNX) Shares?It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...Is New 90 Day High Low • Dec 31New 90-day high: AU$0.23The company is up 24% from its price of AU$0.19 on 02 October 2020. The Australian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.24 per share.分析記事 • Dec 21How Much Did Genex Power's(ASX:GNX) Shareholders Earn From Share Price Movements Over The Last Three Years?In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...Is New 90 Day High Low • Dec 10New 90-day high: AU$0.23The company is up 10.0% from its price of AU$0.20 on 11 September 2020. The Australian market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Renewable Energy industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.24 per share.分析記事 • Nov 24A Look At The Intrinsic Value Of Genex Power Limited (ASX:GNX)How far off is Genex Power Limited (ASX:GNX) from its intrinsic value? Using the most recent financial data, we'll...お知らせ • Sep 24Genex Power Limited Announces Kidston Hydro Project UpdateGenex Power Limited provided the update in relation to the development and financing activities for the 250MW Kidston Pumped Storage Hydro Project (the Project). The Queensland Government reaffirmed its commitment of $132 million in capital funding for the Project transmission infrastructure, and Genex is now seeking to finalise negotiations with its other project partners and stakeholders to conclude the project financing arrangements. Genex accordingly wishes to advise that the Project is no longer expected to reach financial close by 30 September 2020. In light of this delay to the project financing timetable, the Northern Australia Infrastructure Facility (NAIF) has continued to extend its support for the Project and has advised Genex that the NAIF Board has extended its Offer of Funding to 31 January 2021. Genex is also in the process of extending its Generator Performance Standards approval from the Australian Energy Market Operator to 31 December 2020, and is working with Powerlink and the Project's key contractors to extend validity of their agreements and pricing beyond 30 September 2020 to support the project financing timetable. Genex continues to focus on closing out all workstreams to deliver financial close as soon as possible, and will keep the market informed of its progress over the coming weeks.お知らせ • Sep 22Genex Power Limited Signs Investigation Licence and Tenure Arrangement Agreement with Powerlink QueenslandGenex Power Limited announced that it has signed an Investigation Licence and Tenure Arrangement Agreement with Powerlink Queensland (Powerlink) in relation to a standalone large scale battery energy storage system (BESS) project, to be located at Bouldercombe, near Rockhampton in North Queensland (Bouldercombe Battery Project, Project or BBP). The Bouldercombe Battery Project is intended to be the first large scale BESS project as part of Genex's Project Como strategy, which was detailed in the Company's Corporate Presentation announced on 3 August 2020. The selection of suitable sites for Genex's first large-scale BESS project in Queensland was premised upon being located within close proximity to existing transmission infrastructure with good network strength and Marginal Loss Factor profiles. Following an extensive search and selection process, the Bouldercombe site was identified as an ideal location for the company's first large scale BESS project. The Project is intended to be sized at an initial 50MW/75MWh (1.5hr storage depth), which will connect into the 132kV bays of the existing Powerlink 275kV/132kV Bouldercombe substation. The Project is intended to operate on an arbitrage/FCAS revenue model with the ability to bid into all eight FCAS markets. This strategy has been founded on the basis of extensive market studies undertaken by Genex with its market consultants. Following signing of the Agreement with Powerlink, Genex is intending to fast track the development of the Project and will be seeking for the BBP to be operational in H1 CY2022, to further bolster the Company's revenues and cash flows. As the Project is to be located on Powerlink land adjacent to the Bouldercombe 275kV/132kV substation, the execution of the Agreement with Powerlink is a key step in the process to secure land tenure rights for the site. Land access will be conditional upon execution of the Connection and Access Agreement on terms negotiated between Genex and Powerlink. In addition, the signing of the Agreement illustrates a commitment from Genex to award Powerlink the contract for non-contestable and contestable connection works for the Project. As part of the development of the Kidston Pumped Storage Hydro (K2-Hydro) project, Genex has gained a robust understanding of the business case for energy storage in Queensland, driven increasingly by the ongoing penetration of rooftop solar. This rate of penetration is anticipated to continue and importantly, is likely to result in an accentuation of the `duck curve' already observed in energy demand and prices in Queensland.お知らせ • Sep 07Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 2.84946 million.Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 2.84946 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,952,092 Price\Range: AUD 0.22お知らせ • Aug 10Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 21.276761 million.Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 21.276761 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 96,712,552 Price\Range: AUD 0.22 Discount Per Security: AUD 0.011 Transaction Features: Subsequent Direct Listingお知らせ • Aug 04Genex Power Limited announced that it expects to receive AUD 25 million in funding from Electric Power Development Co., Ltd.Genex Power Limited (ASX:GNX) announced that it has signed a Memorandum of Understanding with new investor Electric Power Development Co., Ltd. (TSE:9513) for private placement of common shares on November 22, 2019.決済の安定と成長配当データの取得安定した配当: GNXの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: GNXの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Genex Power 配当利回り対市場GNX 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (GNX)n/a市場下位25% (AU)2.8%市場トップ25% (AU)6.9%業界平均 (Renewable Energy)3.0%アナリスト予想 (GNX) (最長3年)0%注目すべき配当: GNXは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: GNXは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: GNXの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: GNXが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YAU 市場の強力な配当支払い企業。View Management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2024/08/02 18:29終値2024/08/02 00:00収益2023/12/31年間収益2023/06/30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Genex Power Limited 1 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。3 アナリスト機関James BullenCanaccord GenuityFiona BuchananMorgans Financial LimitedMax VickersonMorgans Financial Limited
お知らせ • Aug 02Electric Power Development Co., Ltd. (TSE:9513) completed the acquisition of remaining 92.28% stake in Genex Power Limited (ASX:GNX) from Skip Capital Pty. Ltd. and others.Electric Power Development Co., Ltd. (TSE:9513) entered into a non-binding, indicative and conditional proposal to acquire 92.28% stake in Genex Power Limited (ASX:GNX) from Skip Capital Pty. Ltd. and others for approximately AUD 350 million on February 5, 2024. Potential Transaction will be funded by Electric Power Development Co., Ltd.’s existing cash reserves and debt facilities. Transaction is subject to Due diligence investigation, approval from Genex Power Limited's shareholders and Subject to court approval and the receipt of all necessary regulatory approvals, including approval from the Foreign Investment Review Board. As of March 30, 2024, J-POWER reconfirmed the Indicative Proposal to Genex and also confirmed it had completed its due diligence on Genex. On April 2, 2024, Genex announced to the ASX that Genex had agreed to extend the Exclusivity Period under the Confidentiality and Exclusivity Deed to Monday, 8 April 2024 to allow additional time for the parties to negotiate an Implementation Agreement for the Potential Scheme. The finalisation of the Implementation Agreement remains subject to the Genex IBC’s approval and J-POWER’s final internal approvals. Accordingly, following a request from J-POWER, Genex has agreed to a further extension of the Exclusivity Period under the Confidentiality and Exclusivity Deed to 5.00pm (AEST) on Monday, 15 April 20242 to allow additional time for the Implementation Agreement to be finalised and J-POWER to obtain the required internal approvals. As of April 12, 2024, board of directors of Genex Power Limited unanimously recommends that Genex Power Limited shareholders vote in favor of the Scheme at the Scheme Meeting. As of June 14, 2024, the Foreign Investment Review Board has approved the transaction. As of July 19, 2024, he transaction is approved by Supreme Court of New South Wales. The transaction is expected to complete in late July 2024. As per the transaction, Genex will be required to pay a break fee to J-POWER and J-POWER will be required to pay a reverse break fee to Genex. The amount of each of the break fee and the reverse break fee, should either become payable is AUD 3.5 million. Goldman Sachs Australia Pty Ltd acted as Financial advisor and Gilbert and Tobin acted as legal advisor to Genex Power Limited. Macquarie Capital Securities (Japan) Limited acted as financial advisor to J-Power. MinterEllison acted as legal advisor to Electric Power Development Co., Ltd. Electric Power Development Co., Ltd. (TSE:9513) completed the acquisition of remaining 92.28% stake in Genex Power Limited (ASX:GNX) from Skip Capital Pty. Ltd. and others on July 31, 2024.
お知らせ • Apr 23Genex Power Limited to Report Q3, 2024 Results on Apr 29, 2024Genex Power Limited announced that they will report Q3, 2024 results on Apr 29, 2024
お知らせ • Mar 06Electric Power Development Co., Ltd. (TSE:9513) entered into a non-binding, indicative and conditional proposal to acquire 92.2% stake in Genex Power Limited (ASX:GNX) from Skip Capital Pty. Ltd. and others for approximately AUD 350 million.Electric Power Development Co., Ltd. (TSE:9513) entered into a non-binding, indicative and conditional proposal to acquire 92.2% stake in Genex Power Limited (ASX:GNX) from Skip Capital Pty. Ltd. and others for approximately AUD 350 million on February 5, 2024. Potential Transaction will be funded by Electric Power Development Co., Ltd.’s existing cash reserves and debt facilities. Transaction is subject to Due diligence investigation, approval from Genex Power Limited's shareholders and Subject to court approval and the receipt of all necessary regulatory approvals, including approval from the Foreign Investment Review Board. Goldman Sachs Australia Pty Ltd acted as Financial advisor and Gilbert and Tobin acted as legal advisor to Genex Power Limited.
New Risk • Feb 27New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: AU$5.3m Forecast net loss in 2 years: AU$6.2m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-AU$166m free cash flow). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (AU$6.2m net loss in 2 years).
Breakeven Date Change • Feb 01Forecast breakeven date pushed back to 2026The 2 analysts covering Genex Power previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of AU$300.0k in 2026.
New Risk • Oct 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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$237m free cash flow). Earnings are forecast to decline by an average of 11% per year for the foreseeable future.
New Risk • Oct 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 16% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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$237m free cash flow). Earnings are forecast to decline by an average of 16% per year for the foreseeable future.
お知らせ • Oct 05Genex Power Limited, Annual General Meeting, Nov 20, 2023Genex Power Limited, Annual General Meeting, Nov 20, 2023, at 09:30 AUS Eastern Standard Time. Location: offices of Allens, Deutsche Bank Place - Corner Hunter and Phillip Streets, Level 28 126 Phillip Street Sydney New South Wales Australia Agenda: To receive and consider the consolidated financial report of the Company (which includes the financial statements and the Directors' Report and the Auditor's Report) for the financial year ended 30 June 2023; to consider the adoption of Remuneration Report; to consider the increase in Aggregate Maximum Amount of Non-Executive Directors's Fees; to consider the conditional Board Spill Resolution pursuant to section 250V of the Corporations Act; and to consider the additional Placement Capacity.
Price Target Changed • Aug 31Price target increased by 9.0% to AU$0.27Up from AU$0.25, the current price target is an average from 2 analysts. New target price is 88% above last closing price of AU$0.14. Stock is down 37% over the past year. The company is forecast to post earnings per share of AU$0.0024 next year compared to a net loss per share of AU$0.00074 last year.
Breakeven Date Change • Aug 25No longer forecast to breakevenThe 2 analysts covering Genex Power no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$33.0m in 2026. New consensus forecast suggests the company will make a loss of AU$1.90m in 2026.
Reported Earnings • Aug 25Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in FY 2022)Full year 2023 results: AU$0.001 loss per share (improved from AU$0.003 loss in FY 2022). Revenue: AU$24.6m (flat on FY 2022). Net loss: AU$1.03m (loss narrowed 75% from FY 2022). Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Global Renewable Energy industry. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Aug 24Genex Power Limited to Report Fiscal Year 2023 Results on Aug 25, 2023Genex Power Limited announced that they will report fiscal year 2023 results on Aug 25, 2023
New Risk • Aug 22New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Interest payments are not well covered by earnings (1.2x net interest cover). Earnings are forecast to decline by an average of 129% per year for the foreseeable future. High level of non-cash earnings (54% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).
お知らせ • Aug 01Genex Power Limited Announces Appointment of Patrick Mccarthy to Chief Financial OfficerGenex Power Limited announced the appointment of Patrick McCarthy to the position of Chief Financial Officer (CFO) of Genex, commencing on 16 October 2023. Patrick is an experienced energy executive, having been involved in the renewable energy sector in Australia and the UK since 2009. A Chartered Accountant, he has previously worked at ASX-listed Infigen Energy Ltd. (acquired by Iberdrola) and Macquarie Asset Management (Green Investment Group), where he was involved in the acquisition of the Green Investment Bank by Macquarie Group and subsequently as Head of Finance for renewable energy investments (comprising $6Bn in assets under management). Most recently, Patrick has worked at Brighte Energy and at Elgin Energy Australia. Originally from Ireland, Patrick holds a Bachelor of Commerce (Accounting) from University of Dublin and is a Chartered Tax Adviser with the Irish Taxation Institute.
お知らせ • May 10Genex Power Limited Announces Executive ChangesGenex Power Limited announced the appointment of Craig Francis as the company's new chief executive officer (CEO), effective from 1 September 2023. Craig, currently the company's chief financial officer (CFO), will succeed James Harding who will retire from the role on 31 August 2023 after five years as CEO. Following his retirement, James will continue to support the company as a consultant to ensure a smooth transition period. The company has commenced the search for a replacement CFO and an announcement regarding this appointment is expected to be made in the coming months. Craig is an experienced leader with deep knowledge of the energy sector. He joined the company in 2017 to lead the commercial development of the Company's portfolio and was promoted to CFO in 2021. During his time with the company, Craig has been a core part of the leadership team and has been instrumental in delivering the Company's portfolio to its current level of maturity. Prior to the company, Craig was part of the corporate finance team at Cantor Fitzgerald Europe in the UK where he focused on advising clients in the energy and natural resources sectors. Craig has also worked at boutique corporate finance advisers RFC Ambrian and Helmsec Global Capital in London and Sydney. James Harding joined the company as Executive General Manager in 2016 and was appointed CEO in May 2018.
Price Target Changed • Mar 23Price target increased by 16% to AU$0.26Up from AU$0.23, the current price target is an average from 2 analysts. New target price is 86% above last closing price of AU$0.14. The company is forecast to post a net loss per share of AU$0.003 next year compared to a net loss per share of AU$0.0035 last year.
Board Change • Mar 23Less than half of directors are independentFollowing 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 Teresa Dyson 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 • Dec 22Genex Power Limited Announces Change of Company SecretaryGenex Power Limited advised the appointment of Mrs. Ana Ligia Gomiero-Guthrie as Company Secretary (CoSec) effective from 21 December 2022. Ms Gomiero-Guthrie joined Genex in November 2021 as General Counsel. Ms Gomiero-Guthrie has more than 15 years' experience advising on corporate and banking and finance transactions, with a focus on project and infrastructure finance across wind, solar, battery and pumped hydro. She was previously with global law firm Baker & McKenzie and has practiced in Australia, Brazil and the United States. Ms Gomiero-Guthrie's appointment follows Mr. Justin Clyne's advice to the Board that he will retire from the role effective 31 December 2022. Mr. Clyne has acted as Genex's Company Secretary since early 2014, approximately 18 months prior to the Company's listing on the ASX.
お知らせ • Nov 24Genex Power Limited Announces Kidston Stage 3 Wind Project UpdateGenex Power Limited along with its joint development partner, Electric Power Development Co. Ltd. (J-POWER) for the Kidston Stage 3 Wind Project (K3-Wind or the Project) located in Kidston, Queensland is pleased to provide the following update on the Project. Following engagement with several Original Equipment Manufacturers (OEM) of Wind Turbine Generators (WTGs), Genex has formally appointed Goldwind Australia (Goldwind) as the preferred WTG provider for the K3-Wind Project. Goldwind is a leading vertically integrated global wind power company offering comprehensive wind power solutions. In March 2022, Goldwind's accumulated installed capacity exceeded 87GW comprising over 45,000 units of installed WTGs globally. To date, Goldwind has almost 1.5GW of installed power generation across Australia and has developed a strong understanding of the Australian market. Goldwind has a proven track record with the successful connection of large scale generation assets across most Australian states and has significant expertise in grid related areas to assist Genex with the grid connection process for the Project. Work has begun in relation to grid connection, and it is expected that a formal Early Contractor Involvement (ECI) Agreement will be entered into in First Quarter CY23. Genex, J-POWER and Goldwind will work together to finalise the Turbine Supply and Install (TSI) and Operations and Maintenance (O&M) contracts and complete the remaining development works required to reach Final Investment Decision (FID) by the end of CY23. Following a study underta en by the Company's appointed grid consultant for the Project, Genex has confirmed that the total installed capacity of the Project has formally increased from up to 200MW to up to 258MW.
Breakeven Date Change • Nov 16Forecast breakeven date moved forward to 2023The 2 analysts covering Genex Power previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of AU$650.0k in 2023. Earnings growth of 57% is required to achieve expected profit on schedule.
Board Change • Nov 16Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Non-Executive Director Teresa Dyson 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.
Breakeven Date Change • Nov 10Forecast breakeven date moved forward to 2023The 2 analysts covering Genex Power previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of AU$5.30m in 2023.
Board Change • Nov 01Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Non-Executive Director Teresa Dyson 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 • Aug 10Genex Power Limited (ASX:GNX) entered into an agreement to acquire 2GW multi-stage Bulli Creek Clean Energy Project from Solar Choice Pty Ltd.Genex Power Limited (ASX:GNX) entered into an agreement to acquire 2GW multi-stage Bulli Creek Clean Energy Project from Solar Choice Pty Ltd on August 10, 2022.
Board Change • Aug 09Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Non-Executive Director Teresa Dyson 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 • Aug 03Stonepeak Partners LP and Skip Enterprises Pty Ltd ATF Farquhar Trust cancelled the proposal to acquire 80.1% stake in Genex Power Limited (ASX:GNX).Stonepeak Partners LP and Skip Enterprises Pty Ltd ATF Farquhar Trust made the proposal to acquire 80.1% stake in Genex Power Limited (ASX:GNX) for approximately AUD 170 million on July 25, 2022. As per the transaction, Stonepeak Partners LP and Skip Essential Infrastructure Fund made the proposal to acquire shares at AUD 0.23 per share. The transaction is subject to a number of conditions, including, but not limited to the satisfactory completion of the Consortium’s due diligence, the receipt of all necessary internal approvals, the unanimous recommendation of the Genex Board, and the execution of binding transaction documents. Transaction will be subject to the approval of the Foreign Investment Review Board. Genex Shareholders do not need to take any action in relation to the transaction. Genex has appointed Goldman Sachs as its financial adviser and Gilbert + Tobin as its legal adviser, in relation to the transaction. Stonepeak Partners LP and Skip Enterprises Pty Ltd ATF Farquhar Trust cancelled the proposal to acquire 80.1% stake in Genex Power Limited (ASX:GNX) on August 1, 2022. The board of Genex unanimously concluded the bid undervalued the assets and the offer would not be suitable for the shareholders.
お知らせ • Jul 30Genex Power Limited, Annual General Meeting, Nov 23, 2022Genex Power Limited, Annual General Meeting, Nov 23, 2022, at 10:00 AUS Eastern Standard Time.
お知らせ • Jul 27Stonepeak Partners LP and Skip Essential Infrastructure Fund made the proposal to acquire 80.1% stake in Genex Power Limited (ASX:GNX) for approximately AUD 170 million.Stonepeak Partners LP and Skip Essential Infrastructure Fund made the proposal to acquire 80.1% stake in Genex Power Limited (ASX:GNX) for approximately AUD 170 million on July 25, 2022. As per the transaction, Stonepeak Partners LP and Skip Essential Infrastructure Fund made the proposal to acquire shares at AUD 0.23 per share. The transaction is subject to a number of conditions, including, but not limited to the satisfactory completion of the Consortium’s due diligence, the receipt of all necessary internal approvals, the unanimous recommendation of the Genex Board, and the execution of binding transaction documents. Transaction will be subject to the approval of the Foreign Investment Review Board. Genex Shareholders do not need to take any action in relation to the transaction. Genex has appointed Goldman Sachs as its financial adviser and Gilbert + Tobin as its legal adviser, in relation to the transaction.
Breakeven Date Change • Jul 26Forecast to breakeven in 2025The 3 analysts covering Genex Power expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$17.3m in 2025. Average annual earnings growth of 23% is required to achieve expected profit on schedule.
Breakeven Date Change • Jun 30Forecast to breakeven in 2025The 3 analysts covering Genex Power expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$11.7m in 2025. Average annual earnings growth of 47% is required to achieve expected profit on schedule.
Major Estimate Revision • Apr 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from AU$21.2m to AU$21.5m. Forecast EPS reduced from AU$0 to -AU$0.01 per share. Renewable Energy industry in Australia expected to see average net income growth of 31% next year. Consensus price target down from AU$0.33 to AU$0.31. Share price rose 3.4% to AU$0.15 over the past week.
Board Change • Apr 27Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Non-Executive Director Teresa Dyson 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 01First half 2022 earnings: EPS and revenues exceed analyst expectationsFirst half 2022 results: AU$0.005 loss per share (up from AU$0.008 loss in 1H 2021). Revenue: AU$9.44m (up 66% from 1H 2021). Net loss: AU$4.41m (loss widened 31% from 1H 2021). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 296%. Over the next year, revenue is forecast to grow 63%, compared to a 57% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 17% per year.
お知らせ • Feb 28Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 40 million.Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 40 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 266,666,667 Price\Range: AUD 0.15 Discount Per Security: AUD 0.00675 Transaction Features: Subsequent Direct Listing
お知らせ • Feb 24Genex Power Limited announced that it expects to receive AUD 40 million in fundingGenex Power Limited announced a private placement of 266,666,667 shares at a price of AUD 0.15 per share for gross proceeds of AUD 40,000,000 on February 22, 2022. The transaction will include participation from existing and new domestic and international institutional investors. The transaction is expected to close by February 25, 2022.
お知らせ • Jan 22Genex Power Limited Commenced Underground Works At Kidston HydroGenex Power Limited provided the following construction update for the 250MW Kidston Pumped Storage Hydro Project (K2-Hydro or the Project). During December 2021 and January 2022 (the Period) extensive works relating to the Main Access Tunnel (MAT) for the Project have been undertaken. The commencement of the MAT is ahead of the contract schedule and progressing well. The MAT makes up a 1.5km long horseshoe profile having dimensions of approximately 6m wide and 6m high. It is graded at 14% (1:7) in a spiral to access the powerhouse cavern which is approximately 250m below ground level. The powerhouse cavern will house the two 125MW Andritz Hydro reversible pump-turbines. The MAT is constructed using conventional full-face drill and blast excavation methodology, with a single heading taking approximately 6 months to reach the first adit which will provide first access tothe powerhouse cavern. Once the first adit is reached, multiple tunnel headings will progress to expedite the powerhouse cavern excavation. With preparation works for the MAT completed in early 2022 including portal face stabilization and preparation works, the EPC Contractor joint venture for the Project have formally commenced the underground excavation works with the first major blast for the MAT. Following this milestone, tunneling operations are now progressing on a 24/7 basis with two shifts per day, which is scheduled to progress the tunneling works at an average rate of 8m per day over the next 6 months. In addition to commencement of the underground works, site activity continues to ramp-up, with works commenced on the following near term construction milestones: Commencement of procurement and manufacture of key turbine components; Completion of the blast magazine storage area and access road; Near completion of the 22kV distribution line with transformer installed with final connection works still ongoing; Ongoing aggregate crushing plant and concrete batch plant operations; and Continuation of services reticulation around the site for construction purposes.
Breakeven Date Change • Nov 24No longer forecast to breakevenThe 3 analysts covering Genex Power no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$1.00m in 2024. New consensus forecast suggests the company will make a loss of AU$13.4m in 2024.
Recent Insider Transactions • Nov 04Executive Director recently sold AU$2.2m worth of stockOn the 1st of November, Simon R. Kidston sold around 10m shares on-market at roughly AU$0.22 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 • Aug 29Full year 2021 earnings releasedThe company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: AU$21.7m (up 111% from FY 2020). Net loss: AU$18.7m (loss widened 78% from FY 2020).
お知らせ • May 19Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 25.003564 million.Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 25.003564 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 106,990,005 Price\Range: AUD 0.2337 Transaction Features: Subsequent Direct Listing
分析記事 • Apr 07Breakeven On The Horizon For Genex Power Limited (ASX:GNX)With the business potentially at an important milestone, we thought we'd take a closer look at Genex Power Limited's...
Reported Earnings • Mar 02First half 2021 earnings released: AU$0.008 loss per share (vs AU$0.02 loss in 1H 2020)First half 2021 results: Net loss: AU$3.37m (loss narrowed 60% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Price Target Changed • Feb 24Price target raised to AU$0.36Up from AU$0.33, the current price target is an average from 2 analysts. The new target price is 41% above the current share price of AU$0.26. As of last close, the stock is up 31% over the past year.
分析記事 • Feb 22At AU$0.26, Is It Time To Put Genex Power Limited (ASX:GNX) On Your Watch List?While Genex Power Limited ( ASX:GNX ) might not be the most widely known stock at the moment, it led the ASX gainers...
分析記事 • Feb 01What Kind Of Shareholders Hold The Majority In Genex Power Limited's (ASX:GNX) Shares?The big shareholder groups in Genex Power Limited ( ASX:GNX ) have power over the company. Large companies usually have...
Is New 90 Day High Low • Feb 01New 90-day high: AU$0.27The company is up 50% from its price of AU$0.18 on 03 November 2020. The Australian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.24 per share.
Is New 90 Day High Low • Jan 15New 90-day high: AU$0.25The company is up 39% from its price of AU$0.18 on 16 October 2020. The Australian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.23 per share.
分析記事 • Jan 11Who Has Been Selling Genex Power Limited (ASX:GNX) Shares?It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
Is New 90 Day High Low • Dec 31New 90-day high: AU$0.23The company is up 24% from its price of AU$0.19 on 02 October 2020. The Australian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.24 per share.
分析記事 • Dec 21How Much Did Genex Power's(ASX:GNX) Shareholders Earn From Share Price Movements Over The Last Three Years?In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
Is New 90 Day High Low • Dec 10New 90-day high: AU$0.23The company is up 10.0% from its price of AU$0.20 on 11 September 2020. The Australian market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Renewable Energy industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.24 per share.
分析記事 • Nov 24A Look At The Intrinsic Value Of Genex Power Limited (ASX:GNX)How far off is Genex Power Limited (ASX:GNX) from its intrinsic value? Using the most recent financial data, we'll...
お知らせ • Sep 24Genex Power Limited Announces Kidston Hydro Project UpdateGenex Power Limited provided the update in relation to the development and financing activities for the 250MW Kidston Pumped Storage Hydro Project (the Project). The Queensland Government reaffirmed its commitment of $132 million in capital funding for the Project transmission infrastructure, and Genex is now seeking to finalise negotiations with its other project partners and stakeholders to conclude the project financing arrangements. Genex accordingly wishes to advise that the Project is no longer expected to reach financial close by 30 September 2020. In light of this delay to the project financing timetable, the Northern Australia Infrastructure Facility (NAIF) has continued to extend its support for the Project and has advised Genex that the NAIF Board has extended its Offer of Funding to 31 January 2021. Genex is also in the process of extending its Generator Performance Standards approval from the Australian Energy Market Operator to 31 December 2020, and is working with Powerlink and the Project's key contractors to extend validity of their agreements and pricing beyond 30 September 2020 to support the project financing timetable. Genex continues to focus on closing out all workstreams to deliver financial close as soon as possible, and will keep the market informed of its progress over the coming weeks.
お知らせ • Sep 22Genex Power Limited Signs Investigation Licence and Tenure Arrangement Agreement with Powerlink QueenslandGenex Power Limited announced that it has signed an Investigation Licence and Tenure Arrangement Agreement with Powerlink Queensland (Powerlink) in relation to a standalone large scale battery energy storage system (BESS) project, to be located at Bouldercombe, near Rockhampton in North Queensland (Bouldercombe Battery Project, Project or BBP). The Bouldercombe Battery Project is intended to be the first large scale BESS project as part of Genex's Project Como strategy, which was detailed in the Company's Corporate Presentation announced on 3 August 2020. The selection of suitable sites for Genex's first large-scale BESS project in Queensland was premised upon being located within close proximity to existing transmission infrastructure with good network strength and Marginal Loss Factor profiles. Following an extensive search and selection process, the Bouldercombe site was identified as an ideal location for the company's first large scale BESS project. The Project is intended to be sized at an initial 50MW/75MWh (1.5hr storage depth), which will connect into the 132kV bays of the existing Powerlink 275kV/132kV Bouldercombe substation. The Project is intended to operate on an arbitrage/FCAS revenue model with the ability to bid into all eight FCAS markets. This strategy has been founded on the basis of extensive market studies undertaken by Genex with its market consultants. Following signing of the Agreement with Powerlink, Genex is intending to fast track the development of the Project and will be seeking for the BBP to be operational in H1 CY2022, to further bolster the Company's revenues and cash flows. As the Project is to be located on Powerlink land adjacent to the Bouldercombe 275kV/132kV substation, the execution of the Agreement with Powerlink is a key step in the process to secure land tenure rights for the site. Land access will be conditional upon execution of the Connection and Access Agreement on terms negotiated between Genex and Powerlink. In addition, the signing of the Agreement illustrates a commitment from Genex to award Powerlink the contract for non-contestable and contestable connection works for the Project. As part of the development of the Kidston Pumped Storage Hydro (K2-Hydro) project, Genex has gained a robust understanding of the business case for energy storage in Queensland, driven increasingly by the ongoing penetration of rooftop solar. This rate of penetration is anticipated to continue and importantly, is likely to result in an accentuation of the `duck curve' already observed in energy demand and prices in Queensland.
お知らせ • Sep 07Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 2.84946 million.Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 2.84946 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,952,092 Price\Range: AUD 0.22
お知らせ • Aug 10Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 21.276761 million.Genex Power Limited has completed a Follow-on Equity Offering in the amount of AUD 21.276761 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 96,712,552 Price\Range: AUD 0.22 Discount Per Security: AUD 0.011 Transaction Features: Subsequent Direct Listing
お知らせ • Aug 04Genex Power Limited announced that it expects to receive AUD 25 million in funding from Electric Power Development Co., Ltd.Genex Power Limited (ASX:GNX) announced that it has signed a Memorandum of Understanding with new investor Electric Power Development Co., Ltd. (TSE:9513) for private placement of common shares on November 22, 2019.