View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsGenex Power 過去の業績この会社の最新の決算報告書はまだ処理中です過去 基準チェック /06Genex Powerは12.9%の年平均成長率で業績を伸ばしているが、Renewable Energy業界はgrowingで7.2%毎年増加している。売上は成長しており、年平均20.5%の割合である。主要情報12.85%収益成長率31.77%EPS成長率Renewable Energy 業界の成長-6.29%収益成長率20.49%株主資本利益率-2.77%ネット・マージン-26.04%前回の決算情報31 Dec 2023最近の業績更新お知らせ • 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, 2024Reported 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 15% 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, 2023Reported Earnings • Mar 02First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst 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%. Over the next year, revenue is forecast to grow 63%, compared to a 53% 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.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).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 9% per year, which means it is significantly lagging earnings.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.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 15% 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.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.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.Breakeven Date Change • Jul 27Forecast 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 • Jul 01Forecast 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.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 02First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst 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%. Over the next year, revenue is forecast to grow 63%, compared to a 53% 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.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).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 9% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 04New 90-day high: AU$0.28The company is up 57% from its price of AU$0.17 on 06 November 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.25 per share.Is New 90 Day High Low • Jan 15New 90-day high: AU$0.25The company is up 35% 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.Is New 90 Day High Low • Dec 31New 90-day high: AU$0.23The company is up 18% from its price of AU$0.20 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.Is New 90 Day High Low • Dec 09New 90-day high: AU$0.21The company is up 5.0% 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 up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.20 per share.収支内訳Genex Power の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史CHIA:GNX 収益、費用、利益 ( )AUD Millions日付収益収益G+A経費研究開発費31 Dec 2320-510030 Sep 2322-310030 Jun 2324-19031 Mar 232609031 Dec 222818030 Sep 2226-18030 Jun 2225-49031 Mar 2220-1210031 Dec 2114-2011030 Sep 2113-1911030 Jun 2111-1910031 Mar 2111-127031 Dec 2011-55030 Sep 2011-86030 Jun 2010-117031 Mar 2010-117031 Dec 1910-127030 Sep 1910-96030 Jun 1911-55031 Mar 1913-45031 Dec 1814-36030 Sep 1811-55030 Jun 188-75031 Mar 184-96031 Dec 170-107030 Sep 170-86030 Jun 170-76031 Mar 170-74031 Dec 160-72030 Sep 160-82030 Jun 160-82031 Mar 160-63031 Dec 150-53030 Sep 150-42030 Jun 150-32030 Jun 140-100質の高い収益: GNXは現在利益が出ていません。利益率の向上: GNXは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: GNXは利益を出していないが、過去 5 年間で年間12.9%の割合で損失を削減してきた。成長の加速: GNXの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: GNXは利益が出ていないため、過去 1 年間の収益成長をRenewable Energy業界 ( 3.4% ) と比較することは困難です。株主資本利益率高いROE: GNXは現在利益が出ていないため、自己資本利益率 ( -2.77% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YUtilities 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/08/02 17:43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 • 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
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 15% 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
Reported Earnings • Mar 02First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst 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%. Over the next year, revenue is forecast to grow 63%, compared to a 53% 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.
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).
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 9% per year, which means it is significantly lagging earnings.
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.
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 15% 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
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.
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.
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.
Breakeven Date Change • Jul 27Forecast 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 • Jul 01Forecast 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.
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 02First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst 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%. Over the next year, revenue is forecast to grow 63%, compared to a 53% 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.
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).
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 9% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 04New 90-day high: AU$0.28The company is up 57% from its price of AU$0.17 on 06 November 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.25 per share.
Is New 90 Day High Low • Jan 15New 90-day high: AU$0.25The company is up 35% 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.
Is New 90 Day High Low • Dec 31New 90-day high: AU$0.23The company is up 18% from its price of AU$0.20 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.
Is New 90 Day High Low • Dec 09New 90-day high: AU$0.21The company is up 5.0% 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 up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.20 per share.