Reported Earnings • May 11
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: US$0.044 loss per share (up from US$0.091 loss in 1Q 2021). Revenue: US$48.9m (up 8.6% from 1Q 2021). Net loss: US$4.38m (loss narrowed 50% from 1Q 2021). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 26
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: US$0.15 loss per share (up from US$0.19 loss in FY 2020). Revenue: US$195.7m (flat on FY 2020). Net loss: US$14.7m (loss narrowed 21% from FY 2020). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 40%. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Nov 05
Third quarter 2021 earnings released: US$0.035 loss per share (vs US$0.058 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$48.6m (up 6.1% from 3Q 2020). Net loss: US$3.39m (loss narrowed 39% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 31
Second quarter 2021 earnings released: US$0.052 loss per share (vs US$0.056 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: US$46.3m (down 2.8% from 2Q 2020). Net loss: US$5.09m (loss narrowed 5.0% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Executive Departure • May 21
Independent Director has left the company On the 14th of May, Robin Smith's tenure as Independent Director ended after 1.2 years in the role. As of March 2021, Robin personally held 67.98k shares (US$100k worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • May 01
First quarter 2021 earnings released: US$0.091 loss per share (vs US$0.063 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$45.0m (down 10% from 1Q 2020). Net loss: US$8.84m (loss widened 49% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 26
Full year 2020 earnings released: US$0.19 loss per share (vs US$0.20 loss in FY 2019) The company reported a poor full year result with weaker revenues, weaker control over costs and no improvement to losses. Full year 2020 results: Revenue: US$194.6m (down 10.0% from FY 2019). Net loss: US$18.5m (flat on FY 2019). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 12
New 90-day high: US$1.93 The company is up 40% from its price of US$1.38 on 13 November 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 15% over the same period. Is New 90 Day High Low • Jan 23
New 90-day high: US$1.88 The company is up 28% from its price of US$1.47 on 23 October 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 19
New 90-day high: US$1.70 The company is up 10.0% from its price of US$1.54 on 18 September 2020. The American market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 03
New 90-day high: US$1.68 The company is up 15% from its price of US$1.46 on 03 September 2020. The American market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 2.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of US$19.4m, with losses widening by 39% from the prior year. Total revenue was US$198.4m over the last 12 months, down 11% from the prior year. Is New 90 Day High Low • Sep 23
New 90-day low: US$1.36 The company is down 22% from its price of US$1.75 on 25 June 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period.