Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Executive Director & COO Bill Peng was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Dec 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Executive Director & COO Bill Peng was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Oct 06
Audeara Limited, Annual General Meeting, Nov 25, 2025 Audeara Limited, Annual General Meeting, Nov 25, 2025. Location: grant thornton, king george central, level 18, 145 ann street, brisbane queensland Australia Board Change • Aug 18
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Executive Director & COO Bill Peng was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Feb 12
Audeara Limited has completed a Follow-on Equity Offering in the amount of AUD 1.35 million. Audeara Limited has completed a Follow-on Equity Offering in the amount of AUD 1.35 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 29,375,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,375,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing 공시 • Dec 05
Audeara Limited has filed a Follow-on Equity Offering in the amount of AUD 1.35 million. Audeara Limited has filed a Follow-on Equity Offering in the amount of AUD 1.35 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 29,375,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,375,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing 공시 • Oct 07
Audeara Limited, Annual General Meeting, Nov 25, 2024 Audeara Limited, Annual General Meeting, Nov 25, 2024. Location: at the offices of grant thornton, king george central, level 18, 145 ann street, brisbane queensland Australia Recent Insider Transactions • Sep 17
Co-Founder recently bought AU$916k worth of stock On the 13th of September, James Fielding bought around 1m shares on-market at roughly AU$0.77 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of AU$921k worth in shares. Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.011 loss per share (vs AU$0.029 loss in FY 2023) Full year 2024 results: AU$0.011 loss per share (improved from AU$0.029 loss in FY 2023). Revenue: AU$3.19m (up 9.6% from FY 2023). Net loss: AU$1.60m (loss narrowed 57% from FY 2023). Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Global Consumer Durables industry. 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 38% per year, which means it is significantly lagging earnings. Board Change • Jun 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Executive Director & COO Bill Peng was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Executive Director & COO Bill Peng was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 04
New major risk - Revenue and earnings growth Earnings have declined by 39% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.4m free cash flow). Shares are highly illiquid. Earnings have declined by 39% per year over the past 5 years. Market cap is less than US$10m (AU$7.66m market cap, or US$5.00m). Minor Risk Revenue is less than US$5m (AU$2.3m revenue, or US$1.5m). Board Change • Feb 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Executive Director & COO Bill Peng was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Dec 28
Audeara Limited Announces Resignation of Elaine Saunders as Non-Executive Director, Effective 31 December 2023 Audeara Limited announced that Dr. Elaine Saunders has tendered her resignation as a Non-Executive Director with effect from 31 December 2023. Dr. Saunders was appointed to the Board in January 2022. Board Change • Nov 30
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Oct 05
Audeara Limited, Annual General Meeting, Nov 27, 2023 Audeara Limited, Annual General Meeting, Nov 27, 2023, at 11:01 E. Australia Standard Time. Location: Grant Thornton, King George Central, Level 18, 145 Ann Street Brisbane Queensland Australia Reported Earnings • Oct 03
Full year 2023 earnings released: AU$0.029 loss per share (vs AU$0.028 loss in FY 2022) Full year 2023 results: AU$0.029 loss per share (further deteriorated from AU$0.028 loss in FY 2022). Revenue: AU$2.91m (up 41% from FY 2022). Net loss: AU$3.74m (loss widened 27% from FY 2022). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Global Consumer Durables industry. Board Change • Sep 08
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Aug 28
Pasquale Rombola Resigns as Non-Executive Director of Audeara Limited Audeara Limited advised that Pasquale Rombola has resigned his position as Non-Executive Director of Audeara Limited. Board Change • Aug 11
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 21
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 07
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 02
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Breakeven Date Change • May 17
Forecast breakeven date pushed back to 2025 The analyst covering Audeara previously expected the company to break even in 2024. New forecast suggests losses will reduce by 39% per year to 2024. The company is expected to make a profit of AU$900.0k in 2025. Average annual earnings growth of 85% is required to achieve expected profit on schedule. Board Change • May 08
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 26
First half 2023 earnings released: AU$0.016 loss per share (vs AU$0.011 loss in 1H 2022) First half 2023 results: AU$0.016 loss per share (further deteriorated from AU$0.011 loss in 1H 2022). Revenue: AU$1.35m (up 39% from 1H 2022). Net loss: AU$1.87m (loss widened 56% from 1H 2022). Revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Global Consumer Durables industry. Board Change • Feb 06
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 13
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 19
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 23
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 14
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 09
Less than half of directors are independent Following 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 Elaine Saunders was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 