This company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsDiverger (DVR) 주식 개요Easton Investments Limited is a publicly owned investment manager. 자세히 보기DVR 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적1/6재무 건전성3/6배당2/6위험 분석지난 5년간 매년 수익이 0.8% 감소했습니다.의미 있는 시가총액이 없습니다(A$49M)이익 마진 (0.4%)이 지난해 (2.5%)보다 낮습니다.지난 3개월 동안 상당한 내부자 매도가 있었습니다.+ 위험 2건 추가모든 위험 점검 보기DVR Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$1.2526.8% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-3m338m2016201920222025202620282031Revenue AU$337.5mEarnings AU$1.4mAdvancedSet Fair ValueView all narrativesDiverger Limited 경쟁사Prime Financial GroupSymbol: ASX:PFGMarket cap: AU$61.7mCentrepoint AllianceSymbol: ASX:CAFMarket cap: AU$71.1mNGE CapitalSymbol: ASX:NGEMarket cap: AU$42.8mAdvanced Share RegistrySymbol: ASX:ASWMarket cap: AU$32.9m가격 이력 및 성과Diverger 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$1.2552주 최고가AU$1.3552주 최저가AU$0.78베타0.391개월 변동-2.73%3개월 변동-2.73%1년 변동35.33%3년 변동13.18%5년 변동31.05%IPO 이후 변동-97.63%최근 뉴스 및 업데이트Reported Earnings • Feb 20First half 2024 earnings released: AU$0.028 loss per share (vs AU$0.032 profit in 1H 2023)First half 2024 results: AU$0.028 loss per share (down from AU$0.032 profit in 1H 2023). Revenue: AU$71.7m (up 12% from 1H 2023). Net loss: AU$1.06m (down 187% from profit in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.New Risk • Feb 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Significant insider selling over the past 3 months (AU$2.0m sold). Market cap is less than US$100m (AU$49.7m market cap, or US$32.4m).Recent Insider Transactions • Feb 13Insider recently sold AU$529k worth of stockOn the 9th of February, John Hayes sold around 408k shares on-market at roughly AU$1.29 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth AU$1.0m. Insiders have been net sellers, collectively disposing of AU$2.6m more than they bought in the last 12 months.Upcoming Dividend • Feb 12Upcoming dividend of AU$0.10 per share at 4.4% yieldEligible shareholders must have bought the stock before 19 February 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Australian dividend payers (6.6%). Higher than average of industry peers (3.8%).Recent Insider Transactions • Jan 30Insider recently sold AU$1.0m worth of stockOn the 25th of January, John Hayes sold around 785k shares on-market at roughly AU$1.30 per share. This transaction amounted to 55% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth AU$1.5m. Insiders have been net sellers, collectively disposing of AU$2.0m more than they bought in the last 12 months.Upcoming Dividend • Jan 23Upcoming dividend of AU$0.02 per share at 4.3% yieldEligible shareholders must have bought the stock before 30 January 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Australian dividend payers (6.8%). Higher than average of industry peers (3.9%).더 많은 업데이트 보기Recent updatesReported Earnings • Feb 20First half 2024 earnings released: AU$0.028 loss per share (vs AU$0.032 profit in 1H 2023)First half 2024 results: AU$0.028 loss per share (down from AU$0.032 profit in 1H 2023). Revenue: AU$71.7m (up 12% from 1H 2023). Net loss: AU$1.06m (down 187% from profit in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.New Risk • Feb 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Significant insider selling over the past 3 months (AU$2.0m sold). Market cap is less than US$100m (AU$49.7m market cap, or US$32.4m).Recent Insider Transactions • Feb 13Insider recently sold AU$529k worth of stockOn the 9th of February, John Hayes sold around 408k shares on-market at roughly AU$1.29 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth AU$1.0m. Insiders have been net sellers, collectively disposing of AU$2.6m more than they bought in the last 12 months.Upcoming Dividend • Feb 12Upcoming dividend of AU$0.10 per share at 4.4% yieldEligible shareholders must have bought the stock before 19 February 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Australian dividend payers (6.6%). Higher than average of industry peers (3.8%).Recent Insider Transactions • Jan 30Insider recently sold AU$1.0m worth of stockOn the 25th of January, John Hayes sold around 785k shares on-market at roughly AU$1.30 per share. This transaction amounted to 55% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth AU$1.5m. Insiders have been net sellers, collectively disposing of AU$2.0m more than they bought in the last 12 months.Upcoming Dividend • Jan 23Upcoming dividend of AU$0.02 per share at 4.3% yieldEligible shareholders must have bought the stock before 30 January 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Australian dividend payers (6.8%). Higher than average of industry peers (3.9%).공시 • Jan 18+ 1 more updateDiverger Limited Declares Fully Franked Special Dividend, Payable on 1 March 2024Diverger Limited announced that the Diverger Board has declared a fully franked Special dividend of $0.10 per Diverger share (Permitted Dividend), subject to the Scheme becoming Effective under section 411(10) of the Corporations Act 2001 (Cth) (Effective). If the Scheme becomes Effective, Diverger shareholders who hold Diverger Shares on the Permitted Dividend Record Date on 20 February 2024 will receive the Permitted Dividend on implementation of the Scheme (which is currently expected to occur on 1 March 2024). Ex Date is February 19, 2024. March date is 1 March 2024.Recent Insider Transactions • Dec 13Insider recently sold AU$462k worth of stockOn the 11th of December, John Hayes sold around 511k shares on-market at roughly AU$0.90 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth AU$1.5m. Insiders have been net sellers, collectively disposing of AU$1.0m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to AU$1.23, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Capital Markets industry in Australia. Total returns to shareholders of 32% over the past three years.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 22%After last week's 22% share price gain to AU$1.06, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 16x in the Capital Markets industry in Australia. Total returns to shareholders of 45% over the past three years.Upcoming Dividend • Sep 05Upcoming dividend of AU$0.035 per share at 6.0% yieldEligible shareholders must have bought the stock before 12 September 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 6.0%. Lower than top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (4.3%).Reported Earnings • Aug 26Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: AU$0.075 (down from AU$0.095 in FY 2022). Revenue: AU$129.4m (up 4.7% from FY 2022). Net income: AU$2.83m (down 21% from FY 2022). Profit margin: 2.2% (down from 2.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 9.3%. Revenue is expected to decline by 61% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in Australia are expected to grow by 2.9%. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year.공시 • Aug 24+ 2 more updatesDiverger Limited, Annual General Meeting, Nov 20, 2023Diverger Limited, Annual General Meeting, Nov 20, 2023, at 10:30 AUS Eastern Standard Time. Location: Rooms 5-8, Level 11/1 Margaret Street Sydeny New South Wales AustraliaBuying Opportunity • Jul 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.6%. The fair value is estimated to be AU$1.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 68% in 2 years. Earnings is forecast to grow by 94% in the next 2 years.공시 • Jul 04Diverger Limited (ASX:DVR) and General Manager of Atkinson Saynor David Saynor acquired Atkinson Saynor Private Wealth Pty Ltd for AUD 4.3 million.Diverger Limited (ASX:DVR) and General Manager of Atkinson Saynor David Saynor acquired Atkinson Saynor Private Wealth Pty Ltd for AUD 4.3 million on July 1, 2023. Under the terms, AUD 3.2 million will be paid at completion, followed by a deferred payment of AUD 0.8 million to be paid 8 months after completion and subject to continued business performance. In addition, there is an earn-out incentive of up to AUD 0.30 million payable subject to the business achieving further client growth. Diverger Limited has acquired 55% stake while David Saynor is acquiring the remaining 45% stake.Diverger Limited (ASX:DVR) and General Manager of Atkinson Saynor David Saynor completed the acquisition of Atkinson Saynor Private Wealth Pty Ltd on July 1, 2023.Buying Opportunity • May 04Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be AU$1.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 11%.Buying Opportunity • Apr 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be AU$1.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 11%.Upcoming Dividend • Mar 30Upcoming dividend of AU$0.02 per share at 6.2% yieldEligible shareholders must have bought the stock before 06 April 2023. Payment date: 28 April 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 6.2%. Lower than top quartile of Australian dividend payers (7.2%). Higher than average of industry peers (4.2%).Buying Opportunity • Mar 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be AU$1.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 11%.Board Change • Mar 08Less 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 Peter Brook was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.분석 기사 • Feb 26Diverger (ASX:DVR) Has Announced That It Will Be Increasing Its Dividend To A$0.02Diverger Limited's ( ASX:DVR ) periodic dividend will be increasing on the 28th of April to A$0.02, with investors...Reported Earnings • Feb 25First half 2023 earnings released: EPS: AU$0.032 (vs AU$0.042 in 1H 2022)First half 2023 results: EPS: AU$0.032 (down from AU$0.042 in 1H 2022). Revenue: AU$64.2m (up 7.0% from 1H 2022). Net income: AU$1.22m (down 22% from 1H 2022). Profit margin: 1.9% (down from 2.6% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공시 • Jan 17Diverger Limited (ASX:DVR) acquired Priority Networking Pty Ltd for AUD 2.7 million.Diverger Limited (ASX:DVR) entered into an agreement to acquire Priority Networking Pty Ltd for AUD 2.7 million on January 1, 2023. The initial purchase consideration, funded by Diverger’s existing debt facility, is AUD 2.25 million, with 80% AUD 1.80 million settled on completion and the remaining 20% AUD 0.45 million settled after 12 months subject to PNET achieving EBITA performance targets. In addition, an earn-out incentive of up to AUD 0.45 million, is payable subject to the business meeting an agreed uplift in earnings in the 2nd year. Expected Earnings Before Interest, Tax & Amortisation (EBITA) contribution from PNET is based on FY22 EBITA of AUD 0.45 million per annum. The acquisition is expected to be earnings accretive (pre synergies) to Diverger in FY23, with targeted revenue synergies commencing in year 1. The business principals Greg Gardiner and Jacques Louw will remain in the business and will be supported by Diverger’s team in servicing the existing client base and growing the business. Diverger Limited (ASX:DVR) completed the acquisition of Priority Networking Pty Ltd on January 17, 2023.Buying Opportunity • Dec 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.4%. The fair value is estimated to be AU$1.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 6.2%.공시 • Dec 03Diverger Limited (ASX:DVR) acquired AFSL Compliance Pty Ltd for AUD 3.34 million.Diverger Limited (ASX:DVR) acquired AFSL Compliance Pty Ltd for AUD 3.34 million on December 1, 2022. The initial purchase consideration for AFSL Compliance is AUD 1.37 million to be settled on completion. A further two equal payments of AUD 0.685 million will be paid at 12 and 24 months, subject to AFSL Compliance achieving revenue performance targets. In addition, a third earn-out incentive of up to AUD 0.60 million, is payable subject to the business meeting an agreed uplift in earnings in the 3rd year. The acquisition is expected to be earnings accretive (pre synergies) to Diverger in FY23, with targeted revenue synergies commencing in year 1. Diverger Limited (ASX:DVR) completed the acquisition of AFSL Compliance Pty Ltd on December 1, 2022.Buying Opportunity • Nov 18Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be AU$1.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 6.2%.Recent Insider Transactions • Sep 22Insider recently sold AU$227k worth of stockOn the 19th of September, Kevin White sold around 224k shares on-market at roughly AU$1.01 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$323k more than they bought in the last 12 months.Upcoming Dividend • Sep 05Upcoming dividend of AU$0.035 per shareEligible shareholders must have bought the stock before 12 September 2022. Payment date: 27 September 2022. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Australian dividend payers (6.6%). Higher than average of industry peers (3.9%).공시 • Aug 24Diverger Limited Provides an Update to Increase of Final Dividend to A Period of Twelve Months Ended 30/6/2022, Payment Date of 27/9/2022Diverger Limited provided an update to increase of final dividend to 3.5cents per share to a period of twelve months ended 30/6/2022. Record Date of 13/9/2022, Ex Date of 12/9/2022 and Payment Date of 27/9/2022.Reported Earnings • Aug 04Full year 2022 earnings released: EPS: AU$0.095 (vs AU$0.077 in FY 2021)Full year 2022 results: EPS: AU$0.095 (up from AU$0.077 in FY 2021). Revenue: AU$125.0m (up 36% from FY 2021). Net income: AU$3.56m (up 30% from FY 2021). Profit margin: 2.8% (down from 3.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • Aug 01+ 2 more updatesDiverger Limited, Annual General Meeting, Nov 11, 2022Diverger Limited, Annual General Meeting, Nov 11, 2022, at 11:30 AUS Eastern Standard Time. Location: Rooms 5-8,Level 11/1 Margaret Street, Sydney, NSW, 2000 Sydney Nsw 2000 AustraliaRecent Insider Transactions • Apr 09Independent Non-Executive Director recently bought AU$50k worth of stockOn the 7th of April, Carl Scarcella bought around 50k shares on-market at roughly AU$1.00 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$147k more in shares than they bought in the last 12 months.Upcoming Dividend • Apr 07Upcoming dividend of AU$0.015 per shareEligible shareholders must have bought the stock before 14 April 2022. Payment date: 26 April 2022. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Australian dividend payers (5.7%). Higher than average of industry peers (3.5%).공시 • Feb 26Diverger Limited Announces Ordinary Fully Paid Distribution for the Six Months Ended December 31, 2021, Payable on April 26, 2022Diverger Limited announced ordinary fully paid distribution of AUD 0.01500000 for the six months ended December 31, 2021, payable on April 26, 2022. Record date to be April 19, 2022. Ex-date to be April 14, 2022.Recent Insider Transactions • Nov 17Insider recently sold AU$218k worth of stockOn the 15th of November, John Hayes sold around 385k shares on-market at roughly AU$0.57 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$165k more than they bought in the last 12 months.Upcoming Dividend • Sep 02Upcoming dividend of AU$0.025 per shareEligible shareholders must have bought the stock before 09 September 2021. Payment date: 24 September 2021. Trailing yield: 3.4%. Lower than top quartile of Australian dividend payers (5.2%). Higher than average of industry peers (3.0%).Reported Earnings • Aug 27Full year 2021 earnings released: EPS AU$0.077 (vs AU$0.043 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$92.2m (up 28% from FY 2020). Net income: AU$2.74m (up 85% from FY 2020). Profit margin: 3.0% (up from 2.0% in FY 2020). The increase in margin was driven by higher revenue. 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 2% per year.Executive Departure • Aug 27Non-Executive Director John Hayes has left the companyOn the 26th of August, John Hayes' tenure as Non-Executive Director ended after 7.4 years in the role. As of June 2021, John still personally held 3.96m shares (AU$4.1m worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.42 years.Upcoming Dividend • Apr 10Upcoming dividend of AU$0.015 per shareEligible shareholders must have bought the stock before 16 April 2021. Payment date: 03 May 2021. Trailing yield: 3.6%. Lower than top quartile of Australian dividend payers (5.4%). Higher than average of industry peers (2.7%).Recent Insider Transactions • Mar 11MD & Director recently bought AU$53k worth of stockOn the 4th of March, Nathan Jacobsen bought around 45k shares on-market at roughly AU$1.18 per share. This was the largest purchase by an insider in the last 3 months. This was Nathan's only on-market trade for the last 12 months.공시 • Feb 24HUB24 Limited (ASX:HUB) completed the acquisition of 30.4% stake in Easton Investments Limited (ASX:EAS) from Kevin White, Greg Hayes, Carl Scarcella and Grahame Evans and others.HUB24 Limited (ASX:HUB) entered into a transaction implementation deed to acquire 30.4% stake in Easton Investments Limited (ASX:EAS) from Kevin White, Greg Hayes, Carl Scarcella and Grahame Evans and others for AUD 13.7 million on December 20, 2020. Under the terms of the consideration, HUB24 will acquire one in every three shares, amounting to 11,426,490 shares at AUD 1.2 per share. Consideration will be paid from existing cash reserves of HUB24. In a related transaction, Easton Investments Limited entered into a share sale agreement to acquire Paragem Pty Limited from HUB24 Limited. Post completion of the transactions HUB24 will own approximately 39.2% stake in Easton, following the issue of shares to HUB24 under the Paragem transaction. As of February 1, 2021, acquisition of Paragem was completed. HUB24 will have the right to appoint two nominee directors to Easton’s Board. As of February 1, 2021, Nathan Jacobsen was appointed as Managing Director of Easton as part of the transaction. The transaction is subject to approval of Easton's shareholders and non-occurrence of prescribed events as described in the deed. Easton Directors and their associates intend to accept the Offer and have entered into Pre-Bid Acceptance Agreements in respect of 1 in every 3 shares in Easton held or controlled by each of them. These arrangements in aggregate represent 3.41 million shares or 9.9% of Easton’s issued capital. The board of Easton has approved the transaction unanimously and recommend shareholders to accept the offer, in the absence of a superior proposal. The offer period will commence on January 21, 2021 and will end on February 22, 2021. On January 21, 2021, Easton completed sending its bidder's statement to all the shareholders. As of February 1, 2021, Easton’s Directors have accepted the offer, HUB24 has acquired an interest of 18.75% in Easton as on February 1, 2021 and the offer became unconditional. The offer is expected to complete in the first quarter of 2021. As on February 15, 2021, HUB24 confirms its Offer will not be extended beyond February 22, 2021. Greenhill & Co., Inc. (NYSE:GHL) acted as financial advisor; and Glen Sauer and Michael Scarf of MinterEllison acted as legal advisors to HUB24. David Kennedy of Colin Biggers & Paisley Pty Ltd acted as legal advisor, Link Market Services Limited acted as registrar to Easton. HUB24 Limited (ASX:HUB) completed the acquisition of 30.4% stake in Easton Investments Limited (ASX:EAS) from Kevin White, Greg Hayes, Carl Scarcella and Grahame Evans and others on February 22, 2021. HUB24 now owns 38% of Easton Investments Limited.분석 기사 • Feb 23The Non-Executive Director of Easton Investments Limited (ASX:EAS), John Hayes, Just Sold 33% Of Their HoldingSome Easton Investments Limited ( ASX:EAS ) shareholders may be a little concerned to see that the Non-Executive...Reported Earnings • Feb 20First half 2021 earnings released: EPS AU$0.05 (vs AU$0.022 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$39.0m (up 21% from 1H 2020). Net income: AU$1.72m (up 124% from 1H 2020). Profit margin: 4.4% (up from 2.4% in 1H 2020). 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 6% per year.Is New 90 Day High Low • Feb 20New 90-day high: AU$1.30The company is up 14% from its price of AU$1.14 on 19 November 2020. The Australian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 1.0% over the same period.공시 • Feb 02+ 1 more updateEaston Investments Limited (ASX:EAS) acquired Paragem Pty. Ltd. from HUB24 Limited (ASX:HUB) for AUD 4 million.Easton Investments Limited (ASX:EAS) entered into a binding heads of agreement to acquire Paragem Pty. Ltd. from HUB24 Limited (ASX:HUB) for AUD 4 million on October 28, 2020. Purchase price of AUD 4 million includes cash on hand at the date of acquisition of not less than AUD 1 million. As a part of consideration, Easton will issue 3.33 million new shares at a price of AUD 1.2 each. HUB24 will be issued 1.7 million options to acquire further shares in Easton at an exercise price of AUD 1.2, exercisable at any time over the next two years. In a related transactions, HUB24 Limited entered into a scheme of arrangement to acquire Xplore Wealth Limited (ASX:XPL) for AUD 60 million, acquisition of Ord Minnett’s non-custody Portfolio Administration and Reporting Service for AUD 10.5 million upfront cash consideration and share subscription agreement under which Easton agrees to issue approximately 11.7 million shares at AUD 1.20 per share to HUB24. Easton has agreed to use the proceeds of the subscription to undertake an equal access share buyback of its ordinary shares, subject to all necessary shareholder approvals for the buyback, and lodgement of the buyback offer documents with ASIC. Post completion of Paragem transaction, completion of share subscription agreement and buyback transaction, HUB24 will have an investment in Easton of up to 40% of Easton’s share capital, depending on the level of take up of the buyback. Paragem will continue to operate under its own brand and with the continued support of the existing Paragem team. The Paragem management team will transfer to Easton and take on key leadership roles, including Nathan Jacobsen, the current Managing Director of Paragem and Head of Technology Solutions, who will be offered the role of Managing Director of Easton Investments Limited. HUB24 will also have the right to nominate two directors to join Easton Investments Limited’s Board. Transaction is subject to the execution and completion of share subscription agreement, share sale agreement and technology partnership agreement. The above agreements will be conditional upon each other and share subscription agreement and share sale agreement will complete simultaneously. Transaction is also subject to completion of due diligence, board approval, no material adverse change, long form documentation, and Easton obtaining any necessary shareholder approvals, which are expected in the first quarter of calendar year 2021. Easton Investments’ board intends to recommend Easton shareholders vote in favour of the transaction. As of November 26, 2020, the transaction is expected to be completed around the end of February 2021. As of January 6, 2021, the transaction is expected to close on February 1, 2021. After allowing for anticipated synergies, Paragem is expected to make an increased approximately 13% earnings per share (‘EPS’) accretion in FY22. Greenhill & Co. Australia Pty Limited acted as exclusive financial advisor to Easton Investments Limited. MinterEllison acted as legal advisor to HUB24 Limited. Easton Investments Limited (ASX:EAS) completed the acquisition of Paragem Pty. Ltd. from HUB24 Limited (ASX:HUB) on February 01, 2021.공시 • Feb 01+ 1 more updateEaston Investments Limited Appoints Nathan Jacobsen as Managing DirectorThe Directors of Easton Investments Limited Mr. Nathan Jacobsen has been appointed managing director of Easton with effect from 1 February 2021. Mr. Jacobsen is currently a senior executive with HUB24 and holds the dual roles of managing director of Paragem and Group Executive of HUB24's Advice and Technology Solutions.분석 기사 • Jan 25Should Easton Investments Limited (ASX:EAS) Be Part Of Your Income Portfolio?Today we'll take a closer look at Easton Investments Limited ( ASX:EAS ) from a dividend investor's perspective. Owning...분석 기사 • Dec 18Here's Why We're Wary Of Buying Easton Investments' (ASX:EAS) For Its Upcoming DividendIt looks like Easton Investments Limited ( ASX:EAS ) is about to go ex-dividend in the next three days. You can...Is New 90 Day High Low • Dec 15New 90-day high: AU$1.23The company is up 63% from its price of AU$0.76 on 09 September 2020. The Australian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 11% over the same period.공시 • Dec 01Easton Investments Limited Announces Change of Joint Company SecretaryThe Directors of Easton Investments Limited announced that Michael Harris, Easton's CFO, has been appointed Joint Company Secretary with effect from 1 December 2020 following the resignation of Belinda Cleminson. Mark Licciardo, Managing Director of Mertons Corporate Services Pty Ltd, will continue to serve as Joint Company Secretary, with Mertons continuing to provide company secretarial services.Is New 90 Day High Low • Nov 24New 90-day high: AU$1.17The company is up 56% from its price of AU$0.75 on 24 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 5.0% over the same period.공시 • Nov 21Sequoia Financial Group Limited (ASX:SEQ) signed a conditional terms sheet to acquire PantherCorp CST Pty Ltd from Easton Investments Limited (ASX:EAS) for AUD 1.7 million.DocsCentre Pty Ltd signed a conditional terms sheet to acquire PantherCorp CST Pty Ltd from Easton Investments Limited (ASX:EAS) for AUD 1.7 million on November 20, 2020. Under the terms, Sequoia, parent of DocsCentre, will pay AUD 0.9 million in cash and issue 2 million Sequoia shares. The cash component of AUD 0.9 million, to be paid 50% up-front (AUD 0.45 million) and 50% at the end of 12 months (AUD 0.45 million). Sequoia will be funding the purchase from existing cash reserves and a share issue, using the Group’s existing capacity. PantherCorp reported EBITA of AUD 0.4 million in financial year 2020. This transaction is subject to due diligence investigation and the execution of a formal share sale agreement, which is expected to be entered into on or around December 18, 2020 and completed at the end of January 2021 with settlement to occur on February 1, 2021. Easton Investments will re-invest the proceeds of sale in higher growth, core business assets and activities to offset the loss of earnings from Panthercorp. The acquisition of Panthercorp will be immediately EPS accretive.공시 • Nov 18An unknown buyer entered into an unconditional sale agreement to acquire 60.2% stake in Law Central Co Pty Ltd. from Easton Investments Limited (ASX:EAS) for AUD 0.3 million.An unknown buyer entered into an unconditional sale agreement to acquire 60.2% stake in Law Central Co Pty Ltd. from Easton Investments Limited (ASX:EAS) for AUD 0.3 million on November 17, 2020. The consideration shall be paid in cash. The sale consideration represents a small premium to the book carrying value of Law Central. The transaction is expected to complete in early December, 2020.Recent Insider Transactions • Nov 05Independent Non-Executive Director recently bought AU$55k worth of stockOn the 28th of October, Carl Scarcella bought around 50k shares on-market at roughly AU$1.10 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$163k more in shares than they have sold in the last 12 months.공시 • Oct 29+ 1 more updateEaston Investments Limited Announces Management ChangesEaston Investments Limited announced the appointment of Nathan Jacobsen as managing director of the company to replace the company's Chairman, Kevin White, who is currently holding that position on an interim basis.Is New 90 Day High Low • Oct 28New 90-day high: AU$1.14The company is up 56% from its price of AU$0.73 on 30 July 2020. The Australian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 3.0% over the same period.Valuation Update With 7 Day Price Move • Oct 28Market bids up stock over the past weekAfter last week's 31% share price gain to AU$1.14, the stock is trading at a trailing P/E ratio of 26.6x, up from the previous P/E ratio of 20.3x. This compares to an average P/E of 21x in the Capital Markets industry in Australia. Total returns to shareholders over the past three years are 4.6%.Is New 90 Day High Low • Sep 29New 90-day high: AU$0.89The company is up 19% from its price of AU$0.75 on 29 June 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 2.0% over the same period.공시 • Sep 02Easton Investments Limited (ASX:EAS) acquired Knowledge Shop Professional Consulting Pty Limited and Merit Wealth Pty Ltd.Easton Investments Limited (ASX:EAS) acquired Knowledge Shop Professional Consulting Pty Limited and Merit Wealth Pty Ltd on November 28, 2013. Easton Investments Limited (ASX:EAS) completed the acquisition of Knowledge Shop Professional Consulting Pty Limited and Merit Wealth Pty Ltd on November 28, 2013. On completion of the transaction, Hayes will be invited to join the Board of Easton and will assume the role of joint Managing Director in conjunction with Kevin White. The company is subject to approval of Easton Investments Limited shareholders. The transaction is expected to close in January 2014.분석 기사 • Sep 01Have Insiders Been Buying Easton Investments Limited (ASX:EAS) Shares This Year?It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...공시 • Aug 17Easton Investments Limited to Report Fiscal Year 2020 Results on Aug 27, 2020Easton Investments Limited announced that they will report fiscal year 2020 results at 9:13 AM, GMT Standard Time on Aug 27, 2020공시 • Aug 04An unknown buyer acquired 25% stake in First Financial Pty Ltd from Easton Investments Limited (ASX:EAS).An unknown buyer acquired 25% stake in First Financial Pty Ltd from Easton Investments Limited (ASX:EAS) on August 3, 2020. Sale proceeds of AUD 3 million have been received by Easton Investments Limited. An unknown buyer completed the acquisition of 25% stake in First Financial Pty Ltd from Easton Investments Limited (ASX:EAS) on August 3, 2020.공시 • Jul 20Greg Hayes and an unknown buyer agreed to acquire additional 33.3% stake in Hayes Knight (NSW) Pty Limited from Easton Investments Limited (ASX:EAS) for AUD 2.5 million.Greg Hayes and an unknown buyer agreed to acquire additional 33.3% stake in Hayes Knight (NSW) Pty Limited from Easton Investments Limited (ASX:EAS) for AUD 2.5 million on July 20, 2020. The sale price of AUD 2.45 million is based on an earnings before interest, tax and amortisation (EBITA) multiple of 6 times. A final fully franked dividend of AUD 0.2 million will also be paid to Easton by HKNSW on or before completion. The proposed sale includes Easton’s equity interests in entities closely affiliated with HKNSW, being Hayes Knight Services (NSW) Pty Limited and Hayes Knight National Group Pty Limited. Greg Hayes will retire as Easton’s managing director later in 2020. As a consequence, the proposed sale is conditional on Easton obtaining the approval of its shareholders at a special (extraordinary general) meeting of the Company to be held on or around October 1, 2020. the proposed sale is conditional on finance being obtained by the Buyers and the satisfaction of other commercial conditions precedent, on or before August 21, 2020.주주 수익률DVRAU Capital MarketsAU 시장7D0%0.5%2.0%1Y35.3%1.6%3.4%전체 주주 수익률 보기수익률 대 산업: DVR은 지난 1년 동안 1.6%의 수익을 기록한 Australian Capital Markets 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: DVR은 지난 1년 동안 3.4%를 기록한 Australian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is DVR's price volatile compared to industry and market?DVR volatilityDVR Average Weekly Movement1.9%Capital Markets Industry Average Movement5.5%Market Average Movement10.3%10% most volatile stocks in AU Market17.5%10% least volatile stocks in AU Market4.3%안정적인 주가: DVR는 지난 3개월 동안 Australian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: DVR의 주간 변동성(2%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트2005n/aNathan Jacobsenwww.eastoninvestments.com.au더 보기Diverger Limited 기초 지표 요약Diverger의 순이익과 매출은 시가총액과 어떻게 비교됩니까?DVR 기초 통계시가총액AU$49.47m순이익 (TTM)AU$548.00k매출 (TTM)AU$136.93m90.3x주가수익비율(P/E)0.4x주가매출비율(P/S)DVR는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표DVR 손익계산서 (TTM)매출AU$136.93m매출원가AU$127.76m총이익AU$9.16m기타 비용AU$8.61m순이익AU$548.00k최근 보고된 실적Dec 31, 2023다음 실적 발표일해당 없음주당순이익(EPS)0.014총이익률6.69%순이익률0.40%부채/자본 비율7.3%DVR의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당4.4%현재 배당 수익률378%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/03/04 06:24종가2024/02/29 00:00수익2023/12/31연간 수익2023/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Diverger Limited는 0명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Feb 20First half 2024 earnings released: AU$0.028 loss per share (vs AU$0.032 profit in 1H 2023)First half 2024 results: AU$0.028 loss per share (down from AU$0.032 profit in 1H 2023). Revenue: AU$71.7m (up 12% from 1H 2023). Net loss: AU$1.06m (down 187% from profit in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
New Risk • Feb 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Significant insider selling over the past 3 months (AU$2.0m sold). Market cap is less than US$100m (AU$49.7m market cap, or US$32.4m).
Recent Insider Transactions • Feb 13Insider recently sold AU$529k worth of stockOn the 9th of February, John Hayes sold around 408k shares on-market at roughly AU$1.29 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth AU$1.0m. Insiders have been net sellers, collectively disposing of AU$2.6m more than they bought in the last 12 months.
Upcoming Dividend • Feb 12Upcoming dividend of AU$0.10 per share at 4.4% yieldEligible shareholders must have bought the stock before 19 February 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Australian dividend payers (6.6%). Higher than average of industry peers (3.8%).
Recent Insider Transactions • Jan 30Insider recently sold AU$1.0m worth of stockOn the 25th of January, John Hayes sold around 785k shares on-market at roughly AU$1.30 per share. This transaction amounted to 55% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth AU$1.5m. Insiders have been net sellers, collectively disposing of AU$2.0m more than they bought in the last 12 months.
Upcoming Dividend • Jan 23Upcoming dividend of AU$0.02 per share at 4.3% yieldEligible shareholders must have bought the stock before 30 January 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Australian dividend payers (6.8%). Higher than average of industry peers (3.9%).
Reported Earnings • Feb 20First half 2024 earnings released: AU$0.028 loss per share (vs AU$0.032 profit in 1H 2023)First half 2024 results: AU$0.028 loss per share (down from AU$0.032 profit in 1H 2023). Revenue: AU$71.7m (up 12% from 1H 2023). Net loss: AU$1.06m (down 187% from profit in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
New Risk • Feb 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Significant insider selling over the past 3 months (AU$2.0m sold). Market cap is less than US$100m (AU$49.7m market cap, or US$32.4m).
Recent Insider Transactions • Feb 13Insider recently sold AU$529k worth of stockOn the 9th of February, John Hayes sold around 408k shares on-market at roughly AU$1.29 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth AU$1.0m. Insiders have been net sellers, collectively disposing of AU$2.6m more than they bought in the last 12 months.
Upcoming Dividend • Feb 12Upcoming dividend of AU$0.10 per share at 4.4% yieldEligible shareholders must have bought the stock before 19 February 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Australian dividend payers (6.6%). Higher than average of industry peers (3.8%).
Recent Insider Transactions • Jan 30Insider recently sold AU$1.0m worth of stockOn the 25th of January, John Hayes sold around 785k shares on-market at roughly AU$1.30 per share. This transaction amounted to 55% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth AU$1.5m. Insiders have been net sellers, collectively disposing of AU$2.0m more than they bought in the last 12 months.
Upcoming Dividend • Jan 23Upcoming dividend of AU$0.02 per share at 4.3% yieldEligible shareholders must have bought the stock before 30 January 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Australian dividend payers (6.8%). Higher than average of industry peers (3.9%).
공시 • Jan 18+ 1 more updateDiverger Limited Declares Fully Franked Special Dividend, Payable on 1 March 2024Diverger Limited announced that the Diverger Board has declared a fully franked Special dividend of $0.10 per Diverger share (Permitted Dividend), subject to the Scheme becoming Effective under section 411(10) of the Corporations Act 2001 (Cth) (Effective). If the Scheme becomes Effective, Diverger shareholders who hold Diverger Shares on the Permitted Dividend Record Date on 20 February 2024 will receive the Permitted Dividend on implementation of the Scheme (which is currently expected to occur on 1 March 2024). Ex Date is February 19, 2024. March date is 1 March 2024.
Recent Insider Transactions • Dec 13Insider recently sold AU$462k worth of stockOn the 11th of December, John Hayes sold around 511k shares on-market at roughly AU$0.90 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth AU$1.5m. Insiders have been net sellers, collectively disposing of AU$1.0m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to AU$1.23, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Capital Markets industry in Australia. Total returns to shareholders of 32% over the past three years.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 22%After last week's 22% share price gain to AU$1.06, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 16x in the Capital Markets industry in Australia. Total returns to shareholders of 45% over the past three years.
Upcoming Dividend • Sep 05Upcoming dividend of AU$0.035 per share at 6.0% yieldEligible shareholders must have bought the stock before 12 September 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 6.0%. Lower than top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (4.3%).
Reported Earnings • Aug 26Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: AU$0.075 (down from AU$0.095 in FY 2022). Revenue: AU$129.4m (up 4.7% from FY 2022). Net income: AU$2.83m (down 21% from FY 2022). Profit margin: 2.2% (down from 2.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 9.3%. Revenue is expected to decline by 61% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in Australia are expected to grow by 2.9%. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year.
공시 • Aug 24+ 2 more updatesDiverger Limited, Annual General Meeting, Nov 20, 2023Diverger Limited, Annual General Meeting, Nov 20, 2023, at 10:30 AUS Eastern Standard Time. Location: Rooms 5-8, Level 11/1 Margaret Street Sydeny New South Wales Australia
Buying Opportunity • Jul 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.6%. The fair value is estimated to be AU$1.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 68% in 2 years. Earnings is forecast to grow by 94% in the next 2 years.
공시 • Jul 04Diverger Limited (ASX:DVR) and General Manager of Atkinson Saynor David Saynor acquired Atkinson Saynor Private Wealth Pty Ltd for AUD 4.3 million.Diverger Limited (ASX:DVR) and General Manager of Atkinson Saynor David Saynor acquired Atkinson Saynor Private Wealth Pty Ltd for AUD 4.3 million on July 1, 2023. Under the terms, AUD 3.2 million will be paid at completion, followed by a deferred payment of AUD 0.8 million to be paid 8 months after completion and subject to continued business performance. In addition, there is an earn-out incentive of up to AUD 0.30 million payable subject to the business achieving further client growth. Diverger Limited has acquired 55% stake while David Saynor is acquiring the remaining 45% stake.Diverger Limited (ASX:DVR) and General Manager of Atkinson Saynor David Saynor completed the acquisition of Atkinson Saynor Private Wealth Pty Ltd on July 1, 2023.
Buying Opportunity • May 04Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be AU$1.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 11%.
Buying Opportunity • Apr 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be AU$1.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 11%.
Upcoming Dividend • Mar 30Upcoming dividend of AU$0.02 per share at 6.2% yieldEligible shareholders must have bought the stock before 06 April 2023. Payment date: 28 April 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 6.2%. Lower than top quartile of Australian dividend payers (7.2%). Higher than average of industry peers (4.2%).
Buying Opportunity • Mar 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be AU$1.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 11%.
Board Change • Mar 08Less 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 Peter Brook was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
분석 기사 • Feb 26Diverger (ASX:DVR) Has Announced That It Will Be Increasing Its Dividend To A$0.02Diverger Limited's ( ASX:DVR ) periodic dividend will be increasing on the 28th of April to A$0.02, with investors...
Reported Earnings • Feb 25First half 2023 earnings released: EPS: AU$0.032 (vs AU$0.042 in 1H 2022)First half 2023 results: EPS: AU$0.032 (down from AU$0.042 in 1H 2022). Revenue: AU$64.2m (up 7.0% from 1H 2022). Net income: AU$1.22m (down 22% from 1H 2022). Profit margin: 1.9% (down from 2.6% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공시 • Jan 17Diverger Limited (ASX:DVR) acquired Priority Networking Pty Ltd for AUD 2.7 million.Diverger Limited (ASX:DVR) entered into an agreement to acquire Priority Networking Pty Ltd for AUD 2.7 million on January 1, 2023. The initial purchase consideration, funded by Diverger’s existing debt facility, is AUD 2.25 million, with 80% AUD 1.80 million settled on completion and the remaining 20% AUD 0.45 million settled after 12 months subject to PNET achieving EBITA performance targets. In addition, an earn-out incentive of up to AUD 0.45 million, is payable subject to the business meeting an agreed uplift in earnings in the 2nd year. Expected Earnings Before Interest, Tax & Amortisation (EBITA) contribution from PNET is based on FY22 EBITA of AUD 0.45 million per annum. The acquisition is expected to be earnings accretive (pre synergies) to Diverger in FY23, with targeted revenue synergies commencing in year 1. The business principals Greg Gardiner and Jacques Louw will remain in the business and will be supported by Diverger’s team in servicing the existing client base and growing the business. Diverger Limited (ASX:DVR) completed the acquisition of Priority Networking Pty Ltd on January 17, 2023.
Buying Opportunity • Dec 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.4%. The fair value is estimated to be AU$1.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 6.2%.
공시 • Dec 03Diverger Limited (ASX:DVR) acquired AFSL Compliance Pty Ltd for AUD 3.34 million.Diverger Limited (ASX:DVR) acquired AFSL Compliance Pty Ltd for AUD 3.34 million on December 1, 2022. The initial purchase consideration for AFSL Compliance is AUD 1.37 million to be settled on completion. A further two equal payments of AUD 0.685 million will be paid at 12 and 24 months, subject to AFSL Compliance achieving revenue performance targets. In addition, a third earn-out incentive of up to AUD 0.60 million, is payable subject to the business meeting an agreed uplift in earnings in the 3rd year. The acquisition is expected to be earnings accretive (pre synergies) to Diverger in FY23, with targeted revenue synergies commencing in year 1. Diverger Limited (ASX:DVR) completed the acquisition of AFSL Compliance Pty Ltd on December 1, 2022.
Buying Opportunity • Nov 18Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be AU$1.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 6.2%.
Recent Insider Transactions • Sep 22Insider recently sold AU$227k worth of stockOn the 19th of September, Kevin White sold around 224k shares on-market at roughly AU$1.01 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$323k more than they bought in the last 12 months.
Upcoming Dividend • Sep 05Upcoming dividend of AU$0.035 per shareEligible shareholders must have bought the stock before 12 September 2022. Payment date: 27 September 2022. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Australian dividend payers (6.6%). Higher than average of industry peers (3.9%).
공시 • Aug 24Diverger Limited Provides an Update to Increase of Final Dividend to A Period of Twelve Months Ended 30/6/2022, Payment Date of 27/9/2022Diverger Limited provided an update to increase of final dividend to 3.5cents per share to a period of twelve months ended 30/6/2022. Record Date of 13/9/2022, Ex Date of 12/9/2022 and Payment Date of 27/9/2022.
Reported Earnings • Aug 04Full year 2022 earnings released: EPS: AU$0.095 (vs AU$0.077 in FY 2021)Full year 2022 results: EPS: AU$0.095 (up from AU$0.077 in FY 2021). Revenue: AU$125.0m (up 36% from FY 2021). Net income: AU$3.56m (up 30% from FY 2021). Profit margin: 2.8% (down from 3.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • Aug 01+ 2 more updatesDiverger Limited, Annual General Meeting, Nov 11, 2022Diverger Limited, Annual General Meeting, Nov 11, 2022, at 11:30 AUS Eastern Standard Time. Location: Rooms 5-8,Level 11/1 Margaret Street, Sydney, NSW, 2000 Sydney Nsw 2000 Australia
Recent Insider Transactions • Apr 09Independent Non-Executive Director recently bought AU$50k worth of stockOn the 7th of April, Carl Scarcella bought around 50k shares on-market at roughly AU$1.00 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$147k more in shares than they bought in the last 12 months.
Upcoming Dividend • Apr 07Upcoming dividend of AU$0.015 per shareEligible shareholders must have bought the stock before 14 April 2022. Payment date: 26 April 2022. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Australian dividend payers (5.7%). Higher than average of industry peers (3.5%).
공시 • Feb 26Diverger Limited Announces Ordinary Fully Paid Distribution for the Six Months Ended December 31, 2021, Payable on April 26, 2022Diverger Limited announced ordinary fully paid distribution of AUD 0.01500000 for the six months ended December 31, 2021, payable on April 26, 2022. Record date to be April 19, 2022. Ex-date to be April 14, 2022.
Recent Insider Transactions • Nov 17Insider recently sold AU$218k worth of stockOn the 15th of November, John Hayes sold around 385k shares on-market at roughly AU$0.57 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$165k more than they bought in the last 12 months.
Upcoming Dividend • Sep 02Upcoming dividend of AU$0.025 per shareEligible shareholders must have bought the stock before 09 September 2021. Payment date: 24 September 2021. Trailing yield: 3.4%. Lower than top quartile of Australian dividend payers (5.2%). Higher than average of industry peers (3.0%).
Reported Earnings • Aug 27Full year 2021 earnings released: EPS AU$0.077 (vs AU$0.043 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$92.2m (up 28% from FY 2020). Net income: AU$2.74m (up 85% from FY 2020). Profit margin: 3.0% (up from 2.0% in FY 2020). The increase in margin was driven by higher revenue. 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 2% per year.
Executive Departure • Aug 27Non-Executive Director John Hayes has left the companyOn the 26th of August, John Hayes' tenure as Non-Executive Director ended after 7.4 years in the role. As of June 2021, John still personally held 3.96m shares (AU$4.1m worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.42 years.
Upcoming Dividend • Apr 10Upcoming dividend of AU$0.015 per shareEligible shareholders must have bought the stock before 16 April 2021. Payment date: 03 May 2021. Trailing yield: 3.6%. Lower than top quartile of Australian dividend payers (5.4%). Higher than average of industry peers (2.7%).
Recent Insider Transactions • Mar 11MD & Director recently bought AU$53k worth of stockOn the 4th of March, Nathan Jacobsen bought around 45k shares on-market at roughly AU$1.18 per share. This was the largest purchase by an insider in the last 3 months. This was Nathan's only on-market trade for the last 12 months.
공시 • Feb 24HUB24 Limited (ASX:HUB) completed the acquisition of 30.4% stake in Easton Investments Limited (ASX:EAS) from Kevin White, Greg Hayes, Carl Scarcella and Grahame Evans and others.HUB24 Limited (ASX:HUB) entered into a transaction implementation deed to acquire 30.4% stake in Easton Investments Limited (ASX:EAS) from Kevin White, Greg Hayes, Carl Scarcella and Grahame Evans and others for AUD 13.7 million on December 20, 2020. Under the terms of the consideration, HUB24 will acquire one in every three shares, amounting to 11,426,490 shares at AUD 1.2 per share. Consideration will be paid from existing cash reserves of HUB24. In a related transaction, Easton Investments Limited entered into a share sale agreement to acquire Paragem Pty Limited from HUB24 Limited. Post completion of the transactions HUB24 will own approximately 39.2% stake in Easton, following the issue of shares to HUB24 under the Paragem transaction. As of February 1, 2021, acquisition of Paragem was completed. HUB24 will have the right to appoint two nominee directors to Easton’s Board. As of February 1, 2021, Nathan Jacobsen was appointed as Managing Director of Easton as part of the transaction. The transaction is subject to approval of Easton's shareholders and non-occurrence of prescribed events as described in the deed. Easton Directors and their associates intend to accept the Offer and have entered into Pre-Bid Acceptance Agreements in respect of 1 in every 3 shares in Easton held or controlled by each of them. These arrangements in aggregate represent 3.41 million shares or 9.9% of Easton’s issued capital. The board of Easton has approved the transaction unanimously and recommend shareholders to accept the offer, in the absence of a superior proposal. The offer period will commence on January 21, 2021 and will end on February 22, 2021. On January 21, 2021, Easton completed sending its bidder's statement to all the shareholders. As of February 1, 2021, Easton’s Directors have accepted the offer, HUB24 has acquired an interest of 18.75% in Easton as on February 1, 2021 and the offer became unconditional. The offer is expected to complete in the first quarter of 2021. As on February 15, 2021, HUB24 confirms its Offer will not be extended beyond February 22, 2021. Greenhill & Co., Inc. (NYSE:GHL) acted as financial advisor; and Glen Sauer and Michael Scarf of MinterEllison acted as legal advisors to HUB24. David Kennedy of Colin Biggers & Paisley Pty Ltd acted as legal advisor, Link Market Services Limited acted as registrar to Easton. HUB24 Limited (ASX:HUB) completed the acquisition of 30.4% stake in Easton Investments Limited (ASX:EAS) from Kevin White, Greg Hayes, Carl Scarcella and Grahame Evans and others on February 22, 2021. HUB24 now owns 38% of Easton Investments Limited.
분석 기사 • Feb 23The Non-Executive Director of Easton Investments Limited (ASX:EAS), John Hayes, Just Sold 33% Of Their HoldingSome Easton Investments Limited ( ASX:EAS ) shareholders may be a little concerned to see that the Non-Executive...
Reported Earnings • Feb 20First half 2021 earnings released: EPS AU$0.05 (vs AU$0.022 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$39.0m (up 21% from 1H 2020). Net income: AU$1.72m (up 124% from 1H 2020). Profit margin: 4.4% (up from 2.4% in 1H 2020). 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 6% per year.
Is New 90 Day High Low • Feb 20New 90-day high: AU$1.30The company is up 14% from its price of AU$1.14 on 19 November 2020. The Australian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 1.0% over the same period.
공시 • Feb 02+ 1 more updateEaston Investments Limited (ASX:EAS) acquired Paragem Pty. Ltd. from HUB24 Limited (ASX:HUB) for AUD 4 million.Easton Investments Limited (ASX:EAS) entered into a binding heads of agreement to acquire Paragem Pty. Ltd. from HUB24 Limited (ASX:HUB) for AUD 4 million on October 28, 2020. Purchase price of AUD 4 million includes cash on hand at the date of acquisition of not less than AUD 1 million. As a part of consideration, Easton will issue 3.33 million new shares at a price of AUD 1.2 each. HUB24 will be issued 1.7 million options to acquire further shares in Easton at an exercise price of AUD 1.2, exercisable at any time over the next two years. In a related transactions, HUB24 Limited entered into a scheme of arrangement to acquire Xplore Wealth Limited (ASX:XPL) for AUD 60 million, acquisition of Ord Minnett’s non-custody Portfolio Administration and Reporting Service for AUD 10.5 million upfront cash consideration and share subscription agreement under which Easton agrees to issue approximately 11.7 million shares at AUD 1.20 per share to HUB24. Easton has agreed to use the proceeds of the subscription to undertake an equal access share buyback of its ordinary shares, subject to all necessary shareholder approvals for the buyback, and lodgement of the buyback offer documents with ASIC. Post completion of Paragem transaction, completion of share subscription agreement and buyback transaction, HUB24 will have an investment in Easton of up to 40% of Easton’s share capital, depending on the level of take up of the buyback. Paragem will continue to operate under its own brand and with the continued support of the existing Paragem team. The Paragem management team will transfer to Easton and take on key leadership roles, including Nathan Jacobsen, the current Managing Director of Paragem and Head of Technology Solutions, who will be offered the role of Managing Director of Easton Investments Limited. HUB24 will also have the right to nominate two directors to join Easton Investments Limited’s Board. Transaction is subject to the execution and completion of share subscription agreement, share sale agreement and technology partnership agreement. The above agreements will be conditional upon each other and share subscription agreement and share sale agreement will complete simultaneously. Transaction is also subject to completion of due diligence, board approval, no material adverse change, long form documentation, and Easton obtaining any necessary shareholder approvals, which are expected in the first quarter of calendar year 2021. Easton Investments’ board intends to recommend Easton shareholders vote in favour of the transaction. As of November 26, 2020, the transaction is expected to be completed around the end of February 2021. As of January 6, 2021, the transaction is expected to close on February 1, 2021. After allowing for anticipated synergies, Paragem is expected to make an increased approximately 13% earnings per share (‘EPS’) accretion in FY22. Greenhill & Co. Australia Pty Limited acted as exclusive financial advisor to Easton Investments Limited. MinterEllison acted as legal advisor to HUB24 Limited. Easton Investments Limited (ASX:EAS) completed the acquisition of Paragem Pty. Ltd. from HUB24 Limited (ASX:HUB) on February 01, 2021.
공시 • Feb 01+ 1 more updateEaston Investments Limited Appoints Nathan Jacobsen as Managing DirectorThe Directors of Easton Investments Limited Mr. Nathan Jacobsen has been appointed managing director of Easton with effect from 1 February 2021. Mr. Jacobsen is currently a senior executive with HUB24 and holds the dual roles of managing director of Paragem and Group Executive of HUB24's Advice and Technology Solutions.
분석 기사 • Jan 25Should Easton Investments Limited (ASX:EAS) Be Part Of Your Income Portfolio?Today we'll take a closer look at Easton Investments Limited ( ASX:EAS ) from a dividend investor's perspective. Owning...
분석 기사 • Dec 18Here's Why We're Wary Of Buying Easton Investments' (ASX:EAS) For Its Upcoming DividendIt looks like Easton Investments Limited ( ASX:EAS ) is about to go ex-dividend in the next three days. You can...
Is New 90 Day High Low • Dec 15New 90-day high: AU$1.23The company is up 63% from its price of AU$0.76 on 09 September 2020. The Australian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 11% over the same period.
공시 • Dec 01Easton Investments Limited Announces Change of Joint Company SecretaryThe Directors of Easton Investments Limited announced that Michael Harris, Easton's CFO, has been appointed Joint Company Secretary with effect from 1 December 2020 following the resignation of Belinda Cleminson. Mark Licciardo, Managing Director of Mertons Corporate Services Pty Ltd, will continue to serve as Joint Company Secretary, with Mertons continuing to provide company secretarial services.
Is New 90 Day High Low • Nov 24New 90-day high: AU$1.17The company is up 56% from its price of AU$0.75 on 24 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 5.0% over the same period.
공시 • Nov 21Sequoia Financial Group Limited (ASX:SEQ) signed a conditional terms sheet to acquire PantherCorp CST Pty Ltd from Easton Investments Limited (ASX:EAS) for AUD 1.7 million.DocsCentre Pty Ltd signed a conditional terms sheet to acquire PantherCorp CST Pty Ltd from Easton Investments Limited (ASX:EAS) for AUD 1.7 million on November 20, 2020. Under the terms, Sequoia, parent of DocsCentre, will pay AUD 0.9 million in cash and issue 2 million Sequoia shares. The cash component of AUD 0.9 million, to be paid 50% up-front (AUD 0.45 million) and 50% at the end of 12 months (AUD 0.45 million). Sequoia will be funding the purchase from existing cash reserves and a share issue, using the Group’s existing capacity. PantherCorp reported EBITA of AUD 0.4 million in financial year 2020. This transaction is subject to due diligence investigation and the execution of a formal share sale agreement, which is expected to be entered into on or around December 18, 2020 and completed at the end of January 2021 with settlement to occur on February 1, 2021. Easton Investments will re-invest the proceeds of sale in higher growth, core business assets and activities to offset the loss of earnings from Panthercorp. The acquisition of Panthercorp will be immediately EPS accretive.
공시 • Nov 18An unknown buyer entered into an unconditional sale agreement to acquire 60.2% stake in Law Central Co Pty Ltd. from Easton Investments Limited (ASX:EAS) for AUD 0.3 million.An unknown buyer entered into an unconditional sale agreement to acquire 60.2% stake in Law Central Co Pty Ltd. from Easton Investments Limited (ASX:EAS) for AUD 0.3 million on November 17, 2020. The consideration shall be paid in cash. The sale consideration represents a small premium to the book carrying value of Law Central. The transaction is expected to complete in early December, 2020.
Recent Insider Transactions • Nov 05Independent Non-Executive Director recently bought AU$55k worth of stockOn the 28th of October, Carl Scarcella bought around 50k shares on-market at roughly AU$1.10 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$163k more in shares than they have sold in the last 12 months.
공시 • Oct 29+ 1 more updateEaston Investments Limited Announces Management ChangesEaston Investments Limited announced the appointment of Nathan Jacobsen as managing director of the company to replace the company's Chairman, Kevin White, who is currently holding that position on an interim basis.
Is New 90 Day High Low • Oct 28New 90-day high: AU$1.14The company is up 56% from its price of AU$0.73 on 30 July 2020. The Australian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 3.0% over the same period.
Valuation Update With 7 Day Price Move • Oct 28Market bids up stock over the past weekAfter last week's 31% share price gain to AU$1.14, the stock is trading at a trailing P/E ratio of 26.6x, up from the previous P/E ratio of 20.3x. This compares to an average P/E of 21x in the Capital Markets industry in Australia. Total returns to shareholders over the past three years are 4.6%.
Is New 90 Day High Low • Sep 29New 90-day high: AU$0.89The company is up 19% from its price of AU$0.75 on 29 June 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 2.0% over the same period.
공시 • Sep 02Easton Investments Limited (ASX:EAS) acquired Knowledge Shop Professional Consulting Pty Limited and Merit Wealth Pty Ltd.Easton Investments Limited (ASX:EAS) acquired Knowledge Shop Professional Consulting Pty Limited and Merit Wealth Pty Ltd on November 28, 2013. Easton Investments Limited (ASX:EAS) completed the acquisition of Knowledge Shop Professional Consulting Pty Limited and Merit Wealth Pty Ltd on November 28, 2013. On completion of the transaction, Hayes will be invited to join the Board of Easton and will assume the role of joint Managing Director in conjunction with Kevin White. The company is subject to approval of Easton Investments Limited shareholders. The transaction is expected to close in January 2014.
분석 기사 • Sep 01Have Insiders Been Buying Easton Investments Limited (ASX:EAS) Shares This Year?It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
공시 • Aug 17Easton Investments Limited to Report Fiscal Year 2020 Results on Aug 27, 2020Easton Investments Limited announced that they will report fiscal year 2020 results at 9:13 AM, GMT Standard Time on Aug 27, 2020
공시 • Aug 04An unknown buyer acquired 25% stake in First Financial Pty Ltd from Easton Investments Limited (ASX:EAS).An unknown buyer acquired 25% stake in First Financial Pty Ltd from Easton Investments Limited (ASX:EAS) on August 3, 2020. Sale proceeds of AUD 3 million have been received by Easton Investments Limited. An unknown buyer completed the acquisition of 25% stake in First Financial Pty Ltd from Easton Investments Limited (ASX:EAS) on August 3, 2020.
공시 • Jul 20Greg Hayes and an unknown buyer agreed to acquire additional 33.3% stake in Hayes Knight (NSW) Pty Limited from Easton Investments Limited (ASX:EAS) for AUD 2.5 million.Greg Hayes and an unknown buyer agreed to acquire additional 33.3% stake in Hayes Knight (NSW) Pty Limited from Easton Investments Limited (ASX:EAS) for AUD 2.5 million on July 20, 2020. The sale price of AUD 2.45 million is based on an earnings before interest, tax and amortisation (EBITA) multiple of 6 times. A final fully franked dividend of AUD 0.2 million will also be paid to Easton by HKNSW on or before completion. The proposed sale includes Easton’s equity interests in entities closely affiliated with HKNSW, being Hayes Knight Services (NSW) Pty Limited and Hayes Knight National Group Pty Limited. Greg Hayes will retire as Easton’s managing director later in 2020. As a consequence, the proposed sale is conditional on Easton obtaining the approval of its shareholders at a special (extraordinary general) meeting of the Company to be held on or around October 1, 2020. the proposed sale is conditional on finance being obtained by the Buyers and the satisfaction of other commercial conditions precedent, on or before August 21, 2020.
