View Future GrowthAdveritas 過去の業績過去 基準チェック /06Adveritasは2.2%の年平均成長率で業績を伸ばしているが、Software業界はgrowingで11.2%毎年増加している。売上は成長しており、年平均43%の割合である。主要情報2.24%収益成長率22.17%EPS成長率Software 業界の成長14.88%収益成長率43.04%株主資本利益率-246.67%ネット・マージン-55.52%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Aug 29Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.022 loss in FY 2023)Full year 2024 results: AU$0.017 loss per share. Revenue: AU$5.58m (up 89% from FY 2023). Net loss: AU$11.6m (loss widened 6.2% from FY 2023). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Germany.Reported Earnings • Sep 01Full year 2023 earnings released: AU$0.022 loss per share (vs AU$0.021 loss in FY 2022)Full year 2023 results: AU$0.022 loss per share (further deteriorated from AU$0.021 loss in FY 2022). Revenue: AU$5.53m (up 165% from FY 2022). Net loss: AU$10.9m (loss widened 20% from FY 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 03First half 2023 earnings released: AU$0.011 loss per share (vs AU$0.011 loss in 1H 2022)First half 2023 results: AU$0.011 loss per share (in line with 1H 2022). Revenue: AU$3.43m (up 258% from 1H 2022). Net loss: AU$4.84m (loss widened 7.0% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 01Full year 2022 earnings released: AU$0.021 loss per share (vs AU$0.026 loss in FY 2021)Full year 2022 results: AU$0.021 loss per share. Revenue: AU$3.86m (up 300% from FY 2021). Net loss: AU$9.08m (flat on FY 2021).Reported Earnings • Aug 31Full year 2021 earnings released: AU$0.026 loss per share (vs AU$0.047 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$2.73m (up 123% from FY 2020). Net loss: AU$9.00m (loss narrowed 5.1% from FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesお知らせ • Aug 28Adveritas Limited, Annual General Meeting, Nov 11, 2025Adveritas Limited, Annual General Meeting, Nov 11, 2025. Location: sydney Australiaお知らせ • Jun 19Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 8.5 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 8.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 85,000,000 Price\Range: AUD 0.1 Discount Per Security: AUD 0.005 Transaction Features: Subsequent Direct Listingお知らせ • Sep 20Adveritas Limited, Annual General Meeting, Nov 18, 2024Adveritas Limited, Annual General Meeting, Nov 18, 2024.Reported Earnings • Aug 29Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.022 loss in FY 2023)Full year 2024 results: AU$0.017 loss per share. Revenue: AU$5.58m (up 89% from FY 2023). Net loss: AU$11.6m (loss widened 6.2% from FY 2023). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Germany.Breakeven Date Change • Jun 30Forecast to breakeven in 2026The analyst covering Adveritas expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$700.0k in 2026. Average annual earnings growth of 83% is required to achieve expected profit on schedule.Board Change • May 19Less 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 Chairman Josh Lowcock was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • May 12New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-AU$481k). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.9m net loss next year). Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (€31.4m market cap, or US$33.9m).お知らせ • May 01Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 4.5 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 4.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: AUD 0.06 Transaction Features: Subsequent Direct ListingNew Risk • Apr 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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$12m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-AU$481k). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.9m net loss next year). Shareholders have been diluted in the past year (38% increase in shares outstanding). Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (€24.2m market cap, or US$25.9m).New Risk • Mar 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$12m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$12m free cash flow). Negative equity (-AU$481k). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.9m net loss next year). Share price has been volatile over the past 3 months (9.2% average weekly change). Shareholders have been diluted in the past year (38% increase in shares outstanding). Revenue is less than US$5m (AU$2.1m revenue, or US$1.3m). Market cap is less than US$100m (€20.0m market cap, or US$21.7m).New Risk • Dec 20New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 6.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$2.9m revenue, or US$2.0m). Market cap is less than US$100m (€19.6m market cap, or US$21.5m).お知らせ • Dec 13Adveritas Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.Adveritas Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 44,500,000 Price\Range: AUD 0.05 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,500,000 Price\Range: AUD 0.05 Transaction Features: Subsequent Direct Listingお知らせ • Sep 09Adveritas Limited, Annual General Meeting, Nov 14, 2023Adveritas Limited, Annual General Meeting, Nov 14, 2023.Reported Earnings • Sep 01Full year 2023 earnings released: AU$0.022 loss per share (vs AU$0.021 loss in FY 2022)Full year 2023 results: AU$0.022 loss per share (further deteriorated from AU$0.021 loss in FY 2022). Revenue: AU$5.53m (up 165% from FY 2022). Net loss: AU$10.9m (loss widened 20% from FY 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.New Risk • Aug 30New 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 Less than 1 year of cash runway based on free cash flow trend (-AU$9.1m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-AU$846k). Earnings have declined by 5.2% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (49% increase in shares outstanding). Revenue is less than US$5m (AU$2.6m revenue, or US$1.7m). Market cap is less than US$100m (€17.3m market cap, or US$18.9m).お知らせ • May 18Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 25,000,000 Price\Range: AUD 0.1 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,000,000 Price\Range: AUD 0.1 Transaction Features: Subsequent Direct Listingお知らせ • May 16Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 6.5 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 6.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 77,592,746 Price\Range: AUD 0.048 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 57,823,920 Price\Range: AUD 0.048 Transaction Features: Subsequent Direct ListingReported Earnings • Mar 03First half 2023 earnings released: AU$0.011 loss per share (vs AU$0.011 loss in 1H 2022)First half 2023 results: AU$0.011 loss per share (in line with 1H 2022). Revenue: AU$3.43m (up 258% from 1H 2022). Net loss: AU$4.84m (loss widened 7.0% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Board Change • Nov 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Andrew Stott was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Sep 01Full year 2022 earnings released: AU$0.021 loss per share (vs AU$0.026 loss in FY 2021)Full year 2022 results: AU$0.021 loss per share. Revenue: AU$3.86m (up 300% from FY 2021). Net loss: AU$9.08m (flat on FY 2021).Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non Executive Chairman Stephen Belben was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 31Full year 2021 earnings released: AU$0.026 loss per share (vs AU$0.047 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$2.73m (up 123% from FY 2020). Net loss: AU$9.00m (loss narrowed 5.1% from FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.収支内訳Adveritas 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DB:4TM 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 2510-54030 Sep 259-63030 Jun 258-73031 Mar 257-83031 Dec 246-103030 Sep 245-113030 Jun 244-123031 Mar 244-123031 Dec 233-123030 Sep 233-123030 Jun 233-113031 Mar 233-103031 Dec 222-104030 Sep 222-93030 Jun 222-93031 Mar 222-82031 Dec 211-82030 Sep 211-82030 Jun 211-93031 Mar 211-94031 Dec 201-104030 Sep 201-104030 Jun 201-93031 Mar 201-103031 Dec 191-103030 Sep 191-82030 Jun 191-72031 Dec 180-61030 Sep 180-71030 Jun 180-71031 Dec 17-15-8-2030 Sep 17-8-70030 Jun 170-51031 Mar 1733-18031 Dec 1630-39030 Sep 1631-310030 Jun 1632-411031 Mar 1629-710031 Dec 1526-1010030 Sep 1519-108030 Jun 1512-1050質の高い収益: 4TMは現在利益が出ていません。利益率の向上: 4TM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: 4TMは利益を出していないが、過去 5 年間で年間2.2%の割合で損失を削減してきた。成長の加速: 4TM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: 4TMは利益が出ていないため、過去 1 年間の収益成長をSoftware業界 ( 18.9% ) と比較することは困難です。株主資本利益率高いROE: 4TMは現在利益が出ていないため、自己資本利益率 ( -246.67% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 12:08終値2026/05/07 00:00収益2025/12/31年間収益2025/06/30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Adveritas Limited 2 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。1 アナリスト機関Chris SavageBell Potter
Reported Earnings • Aug 29Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.022 loss in FY 2023)Full year 2024 results: AU$0.017 loss per share. Revenue: AU$5.58m (up 89% from FY 2023). Net loss: AU$11.6m (loss widened 6.2% from FY 2023). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Germany.
Reported Earnings • Sep 01Full year 2023 earnings released: AU$0.022 loss per share (vs AU$0.021 loss in FY 2022)Full year 2023 results: AU$0.022 loss per share (further deteriorated from AU$0.021 loss in FY 2022). Revenue: AU$5.53m (up 165% from FY 2022). Net loss: AU$10.9m (loss widened 20% from FY 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 03First half 2023 earnings released: AU$0.011 loss per share (vs AU$0.011 loss in 1H 2022)First half 2023 results: AU$0.011 loss per share (in line with 1H 2022). Revenue: AU$3.43m (up 258% from 1H 2022). Net loss: AU$4.84m (loss widened 7.0% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 01Full year 2022 earnings released: AU$0.021 loss per share (vs AU$0.026 loss in FY 2021)Full year 2022 results: AU$0.021 loss per share. Revenue: AU$3.86m (up 300% from FY 2021). Net loss: AU$9.08m (flat on FY 2021).
Reported Earnings • Aug 31Full year 2021 earnings released: AU$0.026 loss per share (vs AU$0.047 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$2.73m (up 123% from FY 2020). Net loss: AU$9.00m (loss narrowed 5.1% from FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 28Adveritas Limited, Annual General Meeting, Nov 11, 2025Adveritas Limited, Annual General Meeting, Nov 11, 2025. Location: sydney Australia
お知らせ • Jun 19Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 8.5 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 8.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 85,000,000 Price\Range: AUD 0.1 Discount Per Security: AUD 0.005 Transaction Features: Subsequent Direct Listing
お知らせ • Sep 20Adveritas Limited, Annual General Meeting, Nov 18, 2024Adveritas Limited, Annual General Meeting, Nov 18, 2024.
Reported Earnings • Aug 29Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.022 loss in FY 2023)Full year 2024 results: AU$0.017 loss per share. Revenue: AU$5.58m (up 89% from FY 2023). Net loss: AU$11.6m (loss widened 6.2% from FY 2023). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Germany.
Breakeven Date Change • Jun 30Forecast to breakeven in 2026The analyst covering Adveritas expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$700.0k in 2026. Average annual earnings growth of 83% is required to achieve expected profit on schedule.
Board Change • May 19Less 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 Chairman Josh Lowcock was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • May 12New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-AU$481k). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.9m net loss next year). Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (€31.4m market cap, or US$33.9m).
お知らせ • May 01Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 4.5 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 4.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: AUD 0.06 Transaction Features: Subsequent Direct Listing
New Risk • Apr 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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$12m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-AU$481k). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.9m net loss next year). Shareholders have been diluted in the past year (38% increase in shares outstanding). Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (€24.2m market cap, or US$25.9m).
New Risk • Mar 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$12m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$12m free cash flow). Negative equity (-AU$481k). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.9m net loss next year). Share price has been volatile over the past 3 months (9.2% average weekly change). Shareholders have been diluted in the past year (38% increase in shares outstanding). Revenue is less than US$5m (AU$2.1m revenue, or US$1.3m). Market cap is less than US$100m (€20.0m market cap, or US$21.7m).
New Risk • Dec 20New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 6.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$2.9m revenue, or US$2.0m). Market cap is less than US$100m (€19.6m market cap, or US$21.5m).
お知らせ • Dec 13Adveritas Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.Adveritas Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 44,500,000 Price\Range: AUD 0.05 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,500,000 Price\Range: AUD 0.05 Transaction Features: Subsequent Direct Listing
お知らせ • Sep 09Adveritas Limited, Annual General Meeting, Nov 14, 2023Adveritas Limited, Annual General Meeting, Nov 14, 2023.
Reported Earnings • Sep 01Full year 2023 earnings released: AU$0.022 loss per share (vs AU$0.021 loss in FY 2022)Full year 2023 results: AU$0.022 loss per share (further deteriorated from AU$0.021 loss in FY 2022). Revenue: AU$5.53m (up 165% from FY 2022). Net loss: AU$10.9m (loss widened 20% from FY 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
New Risk • Aug 30New 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 Less than 1 year of cash runway based on free cash flow trend (-AU$9.1m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-AU$846k). Earnings have declined by 5.2% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (49% increase in shares outstanding). Revenue is less than US$5m (AU$2.6m revenue, or US$1.7m). Market cap is less than US$100m (€17.3m market cap, or US$18.9m).
お知らせ • May 18Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 25,000,000 Price\Range: AUD 0.1 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,000,000 Price\Range: AUD 0.1 Transaction Features: Subsequent Direct Listing
お知らせ • May 16Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 6.5 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 6.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 77,592,746 Price\Range: AUD 0.048 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 57,823,920 Price\Range: AUD 0.048 Transaction Features: Subsequent Direct Listing
Reported Earnings • Mar 03First half 2023 earnings released: AU$0.011 loss per share (vs AU$0.011 loss in 1H 2022)First half 2023 results: AU$0.011 loss per share (in line with 1H 2022). Revenue: AU$3.43m (up 258% from 1H 2022). Net loss: AU$4.84m (loss widened 7.0% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Board Change • Nov 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Andrew Stott was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Sep 01Full year 2022 earnings released: AU$0.021 loss per share (vs AU$0.026 loss in FY 2021)Full year 2022 results: AU$0.021 loss per share. Revenue: AU$3.86m (up 300% from FY 2021). Net loss: AU$9.08m (flat on FY 2021).
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non Executive Chairman Stephen Belben was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 31Full year 2021 earnings released: AU$0.026 loss per share (vs AU$0.047 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$2.73m (up 123% from FY 2020). Net loss: AU$9.00m (loss narrowed 5.1% from FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.