View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsCirrus Networks Holdings 将来の成長Future 基準チェック /06現在、 Cirrus Networks Holdingsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率IT 収益成長13.1%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Dec 04Cirrus Networks Holdings Limited acquired Plan B Limited for NZD 24.5 million.Cirrus Networks Holdings Limited acquired Plan B Limited for NZD 24.5 million on December 2, 2024. A cash consideration of NZD 20 million will be paid by Cirrus Networks Holdings Limited. Cirrus Networks Holdings Limited will pay an earnout/contingent payment of NZD 4.5 million cash. As part of consideration, NZD 24.5 million is paid towards common equity of Plan B Limited. The transaction is expected to be completed on or around December 2, 2024. Cirrus Networks Holdings Limited completed the acquisition of Plan B Limited on December 2, 2024.お知らせ • Nov 29Atturra Limited (ASX:ATA) completed the acquisition of Cirrus Networks Holdings Limited (ASX:CNW) from Microequities Asset Management Pty Limited, H&G High Conviction Limited and others.Atturra Limited (ASX:ATA) entered into a binding scheme implementation deed to acquire Cirrus Networks Holdings Limited (ASX:CNW) from Microequities Asset Management Pty Limited, H&G High Conviction Limited and others for AUD 49.5 million on September 10, 2023. As per the transaction, Cirrus shareholders will receive consideration with a total value of AUD 0.053 per share.Atturra Limited entered into a revised binding scheme implementation deed to acquire Cirrus Networks Holdings Limited from Microequities Asset Management Pty Limited, H&G High Conviction Limited and others for AUD 58.2 million on September 15, 2023. As of September 15, 2023, Atturra revises offer by increasing the total value of Scheme consideration payable from AUD 0.053 per Cirrus share to AUD 0.063 per Cirrus share (Revised Scheme Consideration). The revised scheme consideration is subject to the maximum total cash consideration payable by Atturra not exceeding AUD 44.56 million (Maximum Cash Consideration) and the maximum total Atturra share consideration not exceeding 16.62 million Atturra shares (Maximum Share Consideration). The Revised Scheme remains unconditional on financing. Cash payment of the transaction will be financed from new debt facility of AUD 30 million.The transaction is approved by board of directors of Cirrus Networks Holdings Limited and is subject to shareholders approval of Cirrus Networks Holdings Limited, regulatory approvals, Net Cash is not less than AUD 10 million, on the second court date, not less than 75% of Cirrus Key Managers remain employed by the Cirrus and court approval. The Revised Scheme is unanimously recommended by the Cirrus Board of Directors. The transaction is expected to close on December 13, 2023. The acquisition of Cirrus under the Revised Scheme is still expected to be high single digit EPS accretive for Atturra shareholders in FY24. The transaction was approved by the shareholders of Cirrus and the Supreme Court of New South Wales. The implementation of the scheme is expected to occur on or about December 11, 2023.Moelis Australia Advisory Pty Ltd acted as financial advisor and HWL Ebsworth Lawyers Pty Ltd. acted as legal advisor to Atturra Limited. Latimer Partners Pty Ltd acted as financial advisor and Corrs Chambers Westgarth acted as legal advisor to Cirrus Networks Holdings Limited. Automic Pty Ltd. acted as registrar.Atturra Limited (ASX:ATA) completed the acquisition of Cirrus Networks Holdings Limited (ASX:CNW) from Microequities Asset Management Pty Limited, H&G High Conviction Limited and others on November 27, 2023.お知らせ • Sep 13Atturra Limited (ASX:ATA) entered into a binding scheme implementation deed to acquire Cirrus Networks Holdings Limited (ASX:CNW) for AUD .Atturra Limited (ASX:ATA) entered into a binding scheme implementation deed to acquire Cirrus Networks Holdings Limited (ASX:CNW) for AUD on September 11, 2023. As per the transaction, Cirrus shareholders will receive consideration with a total value of AUD 0.053 per share. Cash payment of the transaction will be financed from new debt facility of AUD 30 million. The transaction is approved by board of directors of Cirrus Networks Holdings Limited and is subject to shareholders approval of Cirrus Networks Holdings Limited and court approval. The transaction is expected to close in December 13, 2023. Moelis Australia Advisory Pty Ltd acted as financial advisor and HWL Ebsworth Lawyers Pty Ltd. acted as legal advisor to Atturra Limited. Latimer Partners Pty Ltd acted as financial advisor and Corrs Chambers Westgarth acted as legal advisor to Cirrus Networks Holdings Limited.New Risk • Aug 23New 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 9.1% 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 Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 13% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€23.3m market cap, or US$25.3m).New Risk • Aug 07New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (€23.9m market cap, or US$26.3m).Reported Earnings • Aug 06Full year 2023 earnings released: EPS: AU$0.002 (vs AU$0.001 in FY 2022)Full year 2023 results: EPS: AU$0.002 (up from AU$0.001 in FY 2022). Revenue: AU$112.3m (up 7.9% from FY 2022). Net income: AU$1.73m (up 266% from FY 2022). Profit margin: 1.5% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.New Risk • Aug 04New 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: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€23.9m market cap, or US$26.4m).New Risk • Jul 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€22.1m market cap, or US$24.2m).Reported Earnings • Feb 03First half 2023 earnings released: EPS: AU$0.001 (vs AU$0.002 loss in 1H 2022)First half 2023 results: EPS: AU$0.001 (up from AU$0.002 loss in 1H 2022). Revenue: AU$56.8m (up 28% from 1H 2022). Net income: AU$924.3k (up AU$3.13m from 1H 2022). Profit margin: 1.6% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 10.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Buying Opportunity • Feb 01Now 22% undervaluedOver the last 90 days, the stock is up 2.8%. The fair value is estimated to be €0.024, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 918% in the next 2 years.お知らせ • Jan 03Cirrus Networks Holdings Limited Announces Executive ChangesCirrus Networks Holdings Limited announced the appointment of Ms. Kelly Moore and Ms. Michelle Kennedy as Joint Company Secretaries, effective 1 January 2023. Ms. Moore is a qualified Chartered Accountant and Company Secretary with extensive experience in providing accounting and secretarial advice to public companies. Ms. Moore holds a Bachelor of Commerce degree from the University of Western Australia, is a member of the Institute of Chartered Accountants, Australia and New Zealand, is a graduate of the Australian Institute of Company Directors and an associate member of the Governance Institute of Australia. Ms. Kennedy is a qualified Chartered Accountant with experience in providing financial reporting and corporate advisory services to public companies. Ms. Kennedy holds a Bachelor of Commerce degree from the University of Western Australia and is a member of the Institute of Chartered Accountants, Australia and New Zealand. The Company also announced the resignation of Ms. Catherine Anderson as Company Secretary, effective 1 January 2023.Buying Opportunity • Dec 14Now 30% undervalued after recent price dropOver the last 90 days, the stock is down 26%. The fair value is estimated to be €0.022, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 918% in the next 2 years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman of the Board Paul Everingham was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 11Full year 2022 earnings released: EPS: AU$0.001 (vs AU$0 in FY 2021)Full year 2022 results: EPS: AU$0.001 (up from AU$0 in FY 2021). Revenue: AU$104.1m (down 2.1% from FY 2021). Net income: AU$471.4k (up 6.9% from FY 2021). Profit margin: 0.5% (up from 0.4% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Board Change • Apr 29Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Chairman of the Board Paul Everingham is the most experienced director on the board, commencing their role in 2018. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Reported Earnings • Mar 05First half 2022 earnings: EPS in line with expectations, revenues disappointFirst half 2022 results: AU$0.002 loss per share (down from AU$0.001 profit in 1H 2021). Revenue: AU$44.5m (down 17% from 1H 2021). Net loss: AU$2.21m (down 319% from profit in 1H 2021). Revenue missed analyst estimates by 6.4%. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Board Change • Nov 02Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Paul Everingham was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Oct 24Independent Non-Executive Chairman recently sold €119k worth of stockOn the 21st of October, Andrew Milner sold around 7m shares on-market at roughly €0.018 per share. This was the largest sale by an insider in the last 3 months. This was Andrew's only on-market trade for the last 12 months. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Cirrus Networks Holdings は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測DB:LG4 - アナリストの将来予測と過去の財務データ ( )AUD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数6/30/2023112255N/A3/31/2023114345N/A12/31/2022116444N/A9/30/2022110233N/A6/30/2022104033N/A3/31/2022101-112N/A12/31/202197-300N/A9/30/2021102-112N/A6/30/2021106023N/A3/31/2021104245N/A12/31/2020101466N/A9/30/202098345N/A6/30/202095333N/A3/31/202093212N/A12/31/201990000N/A9/30/201989111N/A6/30/201988122N/A3/31/201990222N/A12/31/201891322N/A9/30/201884322N/A6/30/201876311N/A3/31/201872100N/A12/31/201767-1-1-1N/A9/30/2017610-1-1N/A6/30/201754000N/A3/31/2017420N/A1N/A12/31/2016300N/A2N/A9/30/201625-4N/A0N/A6/30/201619-7N/A-1N/A3/31/201617-7N/AN/AN/A12/31/201515-7N/AN/AN/A9/30/201515-4N/AN/AN/A6/30/2015150N/A1N/A6/30/201460N/A0N/A6/30/201300N/A0N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: LG4の予測収益成長が 貯蓄率 ( 0.5% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: LG4の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: LG4の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: LG4の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: LG4の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: LG4の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance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2023/11/29 16:50終値2023/11/27 00:00収益2023/06/30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Cirrus Networks Holdings Limited 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。0
お知らせ • Dec 04Cirrus Networks Holdings Limited acquired Plan B Limited for NZD 24.5 million.Cirrus Networks Holdings Limited acquired Plan B Limited for NZD 24.5 million on December 2, 2024. A cash consideration of NZD 20 million will be paid by Cirrus Networks Holdings Limited. Cirrus Networks Holdings Limited will pay an earnout/contingent payment of NZD 4.5 million cash. As part of consideration, NZD 24.5 million is paid towards common equity of Plan B Limited. The transaction is expected to be completed on or around December 2, 2024. Cirrus Networks Holdings Limited completed the acquisition of Plan B Limited on December 2, 2024.
お知らせ • Nov 29Atturra Limited (ASX:ATA) completed the acquisition of Cirrus Networks Holdings Limited (ASX:CNW) from Microequities Asset Management Pty Limited, H&G High Conviction Limited and others.Atturra Limited (ASX:ATA) entered into a binding scheme implementation deed to acquire Cirrus Networks Holdings Limited (ASX:CNW) from Microequities Asset Management Pty Limited, H&G High Conviction Limited and others for AUD 49.5 million on September 10, 2023. As per the transaction, Cirrus shareholders will receive consideration with a total value of AUD 0.053 per share.Atturra Limited entered into a revised binding scheme implementation deed to acquire Cirrus Networks Holdings Limited from Microequities Asset Management Pty Limited, H&G High Conviction Limited and others for AUD 58.2 million on September 15, 2023. As of September 15, 2023, Atturra revises offer by increasing the total value of Scheme consideration payable from AUD 0.053 per Cirrus share to AUD 0.063 per Cirrus share (Revised Scheme Consideration). The revised scheme consideration is subject to the maximum total cash consideration payable by Atturra not exceeding AUD 44.56 million (Maximum Cash Consideration) and the maximum total Atturra share consideration not exceeding 16.62 million Atturra shares (Maximum Share Consideration). The Revised Scheme remains unconditional on financing. Cash payment of the transaction will be financed from new debt facility of AUD 30 million.The transaction is approved by board of directors of Cirrus Networks Holdings Limited and is subject to shareholders approval of Cirrus Networks Holdings Limited, regulatory approvals, Net Cash is not less than AUD 10 million, on the second court date, not less than 75% of Cirrus Key Managers remain employed by the Cirrus and court approval. The Revised Scheme is unanimously recommended by the Cirrus Board of Directors. The transaction is expected to close on December 13, 2023. The acquisition of Cirrus under the Revised Scheme is still expected to be high single digit EPS accretive for Atturra shareholders in FY24. The transaction was approved by the shareholders of Cirrus and the Supreme Court of New South Wales. The implementation of the scheme is expected to occur on or about December 11, 2023.Moelis Australia Advisory Pty Ltd acted as financial advisor and HWL Ebsworth Lawyers Pty Ltd. acted as legal advisor to Atturra Limited. Latimer Partners Pty Ltd acted as financial advisor and Corrs Chambers Westgarth acted as legal advisor to Cirrus Networks Holdings Limited. Automic Pty Ltd. acted as registrar.Atturra Limited (ASX:ATA) completed the acquisition of Cirrus Networks Holdings Limited (ASX:CNW) from Microequities Asset Management Pty Limited, H&G High Conviction Limited and others on November 27, 2023.
お知らせ • Sep 13Atturra Limited (ASX:ATA) entered into a binding scheme implementation deed to acquire Cirrus Networks Holdings Limited (ASX:CNW) for AUD .Atturra Limited (ASX:ATA) entered into a binding scheme implementation deed to acquire Cirrus Networks Holdings Limited (ASX:CNW) for AUD on September 11, 2023. As per the transaction, Cirrus shareholders will receive consideration with a total value of AUD 0.053 per share. Cash payment of the transaction will be financed from new debt facility of AUD 30 million. The transaction is approved by board of directors of Cirrus Networks Holdings Limited and is subject to shareholders approval of Cirrus Networks Holdings Limited and court approval. The transaction is expected to close in December 13, 2023. Moelis Australia Advisory Pty Ltd acted as financial advisor and HWL Ebsworth Lawyers Pty Ltd. acted as legal advisor to Atturra Limited. Latimer Partners Pty Ltd acted as financial advisor and Corrs Chambers Westgarth acted as legal advisor to Cirrus Networks Holdings Limited.
New Risk • Aug 23New 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 9.1% 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 Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 13% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€23.3m market cap, or US$25.3m).
New Risk • Aug 07New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (€23.9m market cap, or US$26.3m).
Reported Earnings • Aug 06Full year 2023 earnings released: EPS: AU$0.002 (vs AU$0.001 in FY 2022)Full year 2023 results: EPS: AU$0.002 (up from AU$0.001 in FY 2022). Revenue: AU$112.3m (up 7.9% from FY 2022). Net income: AU$1.73m (up 266% from FY 2022). Profit margin: 1.5% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
New Risk • Aug 04New 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: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€23.9m market cap, or US$26.4m).
New Risk • Jul 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€22.1m market cap, or US$24.2m).
Reported Earnings • Feb 03First half 2023 earnings released: EPS: AU$0.001 (vs AU$0.002 loss in 1H 2022)First half 2023 results: EPS: AU$0.001 (up from AU$0.002 loss in 1H 2022). Revenue: AU$56.8m (up 28% from 1H 2022). Net income: AU$924.3k (up AU$3.13m from 1H 2022). Profit margin: 1.6% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 10.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Buying Opportunity • Feb 01Now 22% undervaluedOver the last 90 days, the stock is up 2.8%. The fair value is estimated to be €0.024, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 918% in the next 2 years.
お知らせ • Jan 03Cirrus Networks Holdings Limited Announces Executive ChangesCirrus Networks Holdings Limited announced the appointment of Ms. Kelly Moore and Ms. Michelle Kennedy as Joint Company Secretaries, effective 1 January 2023. Ms. Moore is a qualified Chartered Accountant and Company Secretary with extensive experience in providing accounting and secretarial advice to public companies. Ms. Moore holds a Bachelor of Commerce degree from the University of Western Australia, is a member of the Institute of Chartered Accountants, Australia and New Zealand, is a graduate of the Australian Institute of Company Directors and an associate member of the Governance Institute of Australia. Ms. Kennedy is a qualified Chartered Accountant with experience in providing financial reporting and corporate advisory services to public companies. Ms. Kennedy holds a Bachelor of Commerce degree from the University of Western Australia and is a member of the Institute of Chartered Accountants, Australia and New Zealand. The Company also announced the resignation of Ms. Catherine Anderson as Company Secretary, effective 1 January 2023.
Buying Opportunity • Dec 14Now 30% undervalued after recent price dropOver the last 90 days, the stock is down 26%. The fair value is estimated to be €0.022, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 918% in the next 2 years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman of the Board Paul Everingham was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 11Full year 2022 earnings released: EPS: AU$0.001 (vs AU$0 in FY 2021)Full year 2022 results: EPS: AU$0.001 (up from AU$0 in FY 2021). Revenue: AU$104.1m (down 2.1% from FY 2021). Net income: AU$471.4k (up 6.9% from FY 2021). Profit margin: 0.5% (up from 0.4% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Board Change • Apr 29Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Chairman of the Board Paul Everingham is the most experienced director on the board, commencing their role in 2018. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Reported Earnings • Mar 05First half 2022 earnings: EPS in line with expectations, revenues disappointFirst half 2022 results: AU$0.002 loss per share (down from AU$0.001 profit in 1H 2021). Revenue: AU$44.5m (down 17% from 1H 2021). Net loss: AU$2.21m (down 319% from profit in 1H 2021). Revenue missed analyst estimates by 6.4%. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Board Change • Nov 02Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Paul Everingham was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Oct 24Independent Non-Executive Chairman recently sold €119k worth of stockOn the 21st of October, Andrew Milner sold around 7m shares on-market at roughly €0.018 per share. This was the largest sale by an insider in the last 3 months. This was Andrew's only on-market trade for the last 12 months.