View Dividend4DS Memory 경영진경영진 기준 점검 1/4현재 CEO에 대한 정보가 충분하지 않습니다.핵심 정보 최고경영자n/a총 보수CEO 급여 비율n/aCEO 재임 기간no dataCEO 지분 보유율n/a경영진 평균 재임 기간데이터 없음이사회 평균 재임 기간10.4yrs최근 경영진 업데이트Board Change • Dec 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Oct 024DS Memory Limited, Annual General Meeting, Nov 20, 20254DS Memory Limited, Annual General Meeting, Nov 20, 2025. Location: conference room, quest kings park, 54 kings park road, west perth wa AustraliaBoard Change • Aug 18Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Feb 04Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Dec 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Oct 104DS Memory Limited, Annual General Meeting, Nov 28, 20244DS Memory Limited, Annual General Meeting, Nov 28, 2024. Location: at the conference room, quest kings park, 54 kings park road, west perth wa, Australia모든 업데이트 보기Recent updatesBoard Change • Dec 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Oct 024DS Memory Limited, Annual General Meeting, Nov 20, 20254DS Memory Limited, Annual General Meeting, Nov 20, 2025. Location: conference room, quest kings park, 54 kings park road, west perth wa AustraliaNew Risk • Aug 31New major risk - Revenue and earnings growthEarnings have declined by 4.2% 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 Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 4.2% per year over the past 5 years. Revenue is less than US$1m (AU$305k revenue, or US$200k). Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (AU$57.7m market cap, or US$37.8m).Board Change • Aug 18Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Feb 04Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Jan 17+ 1 more update4DS Memory Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million.4DS Memory Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 166,666,666 Price\Range: AUD 0.036 Discount Per Security: AUD 0.00216 Security Features: Attached Options Transaction Features: Subsequent Direct ListingBoard Change • Dec 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Oct 104DS Memory Limited, Annual General Meeting, Nov 28, 20244DS Memory Limited, Annual General Meeting, Nov 28, 2024. Location: at the conference room, quest kings park, 54 kings park road, west perth wa, Australia공시 • May 234DS Memory Limited Unveils New Interface Switching Reram Technology for Faster and Energy Efficient Memory for AI Processing4DS Memory Limited announced a new type of ReRAM technology for AI processing, bringing high-bandwidth, high-endurance persistent memory for big data and neural net applications. 4DS' Interface Switching based on PCMO (Praseodymium, Calcium, Manganese, Oxygen) ReRAM technology delivers significant advantages over other filamentary ReRAM technologies and is the first company to develop this high-speed, high-endurance, persistent non-volatile technology on an advanced CMOS node. One of the biggest challenges to the AI market is that traditional CPU architectures cannot efficiently handle the massive volumes of data that must be read into the chip, processed, and the results written back out of the chip. While new chip architectures are bringing the memory in with the compute (Compute in Memory), this approach is limited by the type of memory they can use that can be fast enough and the amount of memory that can be integrated. With these larger models the challenges of compute data backup and recovery has likewise grown. In addition to speed, energy efficiency has also become more increasingly important as AI processing is forecasted to consume 10 times the energy by 2026 compared to 2023, according to the International Energy Agency. Because 4DS requires no refresh within its persistence window and can be 'refreshed' within the DRAM operating window (' hidden refresh'), it can uniquely deliver an energy efficient high bandwidth and high endurance memory technology for the AI Age. Key features of 4DS' Area-based ReRAM include the following: Area-based, low current density programming, high endurance and scalable with technology node; Highly responsive with extremely fast single-shot write time of 4.7 ns to deliver low energy per bit writing at DRAM speeds; High bandwidth persistent memory for high performance data protection; High endurance memory with up to 109 endurance demonstrated; Dynamic partitioning: High endurance and high retention sectors can be dynamically allocated with data retention from hours to days to months; High scale and density w 20 nm cell to be demonstrated in the fourth quarter of 2024; Simple integration into any advanced CMOS process using standard fab equipment. 4DS has a development agreement with Belgium-based imec - a world leading research and innovation hub in nano electronics and digital technologies - for a 20nm Mb chip with 1.6B elements to be run at imec in 2024.PCMO ReRAM belongs to a class of Interface Switching ReRAM where the switching mechanism is based on the interface characteristics of the cell. Specifically, the entire interface area is involved in the switching, which is why it is sometimes also called area-based switching. Oxygen ions, which allows conduction through the cell, are moved in and out of the cell by the electric field pulse. When this oxygen is present, the cell conducts and it is said to be SET. Likewise, when the oxygen is removed, the current path is lost and it is said to be RESET. Because the entire interface area is involved the current density is kept at a minimum which contributes to the high endurance of the cell.New Risk • Apr 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$153.4m (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.5% per year over the past 5 years. Revenue is less than US$1m (AU$7.3k revenue, or US$4.7k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (8.0% increase in shares outstanding). Significant insider selling over the past 3 months (AU$366k sold). Market cap is less than US$100m (AU$153.4m market cap, or US$98.5m).New Risk • Feb 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 0.5% per year over the past 5 years. Revenue is less than US$1m (AU$7.3k revenue, or US$4.8k). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Significant insider selling over the past 3 months (AU$366k sold).Recent Insider Transactions • Feb 09Executive Chairman recently sold AU$366k worth of stockOn the 6th of February, David McAuliffe sold around 4m shares on-market at roughly AU$0.086 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.New Risk • Nov 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$131.1m (US$86.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.8% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (AU$131.1m market cap, or US$86.5m).공시 • Oct 124DS Memory Limited, Annual General Meeting, Nov 30, 20234DS Memory Limited, Annual General Meeting, Nov 30, 2023, at 10:00 W. Australia Standard Time. Location: Conference Room, Quest Kings Park, 54 Kings Park Road, West Perth Western Australia Australia Agenda: To consider the re-election and appointment of Directors.New Risk • Aug 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.9m free cash flow). Earnings have declined by 7.8% per year over the past 5 years. Revenue is less than US$1m (AU$1.0 revenue, or US$1.0). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (AU$89.8m market cap, or US$57.7m).공시 • Feb 084DS Memory Limited Announces Board Changes4DS Memory Limited announced the resignation of Drs. Wilbert van den Hoek as Executive Chairman of 4DS. Drs. van den Hoek will cease to be the Executive Chairman effective 13 February 2023. The Board has appointed Mr. David McAuliffe as interim Executive Chairman after 13 February 2023 whilst the Company undertakes a search for a USA based Chairman. The key terms of Mr. McAuliffe's appointment as interim Executive Chairman are unchanged from the key terms of his Executive Director role.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Nov 05Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Executive Departure • Apr 27Non-Executive Director has left the companyOn the 26th of April, James Dorrian's tenure as Non-Executive Director ended after 5.4 years in the role. As of December 2020, James personally held 53.44m shares (AU$6.7m worth at the time). James is the only executive to leave the company over the last 12 months.Recent Insider Transactions • Mar 31Executive Director recently sold AU$200k worth of stockOn the 23rd of March, David McAuliffe sold around 1m shares on-market at roughly AU$0.20 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$350k more than they bought in the last 12 months.Reported Earnings • Feb 19First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in 1H 2020)First half 2021 results: Net loss: AU$3.12m (loss widened 6.6% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Feb 05Executive Director recently sold AU$150k worth of stockOn the 3rd of February, David McAuliffe sold around 681k shares on-market at roughly AU$0.22 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Is New 90 Day High Low • Jan 21New 90-day high: AU$0.23The company is up 188% from its price of AU$0.08 on 23 October 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 54% over the same period.CEO4DS Memory에는 CEO가 없거나 해당 데이터가 없습니다.이사회 구성원이름직위재임 기간보수지분David McAuliffeExecutive Chairman10.4yrsAU$278.82k0.49% A$ 110.7kGuido ArnoutNon-Executive Director10.4yrsAU$286.81k0.39% A$ 88.0kHoward DigbyIndependent Non-Executive Director10.4yrsAU$45.29k0.32% A$ 73.6k더 보기10.4yrs평균 재임 기간경험이 풍부한 이사회: 4DS의 이사회는 노련하고 경험이 풍부합니다(평균 재임 10.4 년).View Ownership기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 17:43종가2026/04/24 00:00수익2025/12/31연간 수익2025/06/30데이터 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 소스4DS Memory Limited는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullLodge Partners Pty Ltd.
Board Change • Dec 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Oct 024DS Memory Limited, Annual General Meeting, Nov 20, 20254DS Memory Limited, Annual General Meeting, Nov 20, 2025. Location: conference room, quest kings park, 54 kings park road, west perth wa Australia
Board Change • Aug 18Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Feb 04Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Dec 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Oct 104DS Memory Limited, Annual General Meeting, Nov 28, 20244DS Memory Limited, Annual General Meeting, Nov 28, 2024. Location: at the conference room, quest kings park, 54 kings park road, west perth wa, Australia
Board Change • Dec 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Oct 024DS Memory Limited, Annual General Meeting, Nov 20, 20254DS Memory Limited, Annual General Meeting, Nov 20, 2025. Location: conference room, quest kings park, 54 kings park road, west perth wa Australia
New Risk • Aug 31New major risk - Revenue and earnings growthEarnings have declined by 4.2% 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 Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 4.2% per year over the past 5 years. Revenue is less than US$1m (AU$305k revenue, or US$200k). Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (AU$57.7m market cap, or US$37.8m).
Board Change • Aug 18Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Feb 04Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Jan 17+ 1 more update4DS Memory Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million.4DS Memory Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 166,666,666 Price\Range: AUD 0.036 Discount Per Security: AUD 0.00216 Security Features: Attached Options Transaction Features: Subsequent Direct Listing
Board Change • Dec 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Oct 104DS Memory Limited, Annual General Meeting, Nov 28, 20244DS Memory Limited, Annual General Meeting, Nov 28, 2024. Location: at the conference room, quest kings park, 54 kings park road, west perth wa, Australia
공시 • May 234DS Memory Limited Unveils New Interface Switching Reram Technology for Faster and Energy Efficient Memory for AI Processing4DS Memory Limited announced a new type of ReRAM technology for AI processing, bringing high-bandwidth, high-endurance persistent memory for big data and neural net applications. 4DS' Interface Switching based on PCMO (Praseodymium, Calcium, Manganese, Oxygen) ReRAM technology delivers significant advantages over other filamentary ReRAM technologies and is the first company to develop this high-speed, high-endurance, persistent non-volatile technology on an advanced CMOS node. One of the biggest challenges to the AI market is that traditional CPU architectures cannot efficiently handle the massive volumes of data that must be read into the chip, processed, and the results written back out of the chip. While new chip architectures are bringing the memory in with the compute (Compute in Memory), this approach is limited by the type of memory they can use that can be fast enough and the amount of memory that can be integrated. With these larger models the challenges of compute data backup and recovery has likewise grown. In addition to speed, energy efficiency has also become more increasingly important as AI processing is forecasted to consume 10 times the energy by 2026 compared to 2023, according to the International Energy Agency. Because 4DS requires no refresh within its persistence window and can be 'refreshed' within the DRAM operating window (' hidden refresh'), it can uniquely deliver an energy efficient high bandwidth and high endurance memory technology for the AI Age. Key features of 4DS' Area-based ReRAM include the following: Area-based, low current density programming, high endurance and scalable with technology node; Highly responsive with extremely fast single-shot write time of 4.7 ns to deliver low energy per bit writing at DRAM speeds; High bandwidth persistent memory for high performance data protection; High endurance memory with up to 109 endurance demonstrated; Dynamic partitioning: High endurance and high retention sectors can be dynamically allocated with data retention from hours to days to months; High scale and density w 20 nm cell to be demonstrated in the fourth quarter of 2024; Simple integration into any advanced CMOS process using standard fab equipment. 4DS has a development agreement with Belgium-based imec - a world leading research and innovation hub in nano electronics and digital technologies - for a 20nm Mb chip with 1.6B elements to be run at imec in 2024.PCMO ReRAM belongs to a class of Interface Switching ReRAM where the switching mechanism is based on the interface characteristics of the cell. Specifically, the entire interface area is involved in the switching, which is why it is sometimes also called area-based switching. Oxygen ions, which allows conduction through the cell, are moved in and out of the cell by the electric field pulse. When this oxygen is present, the cell conducts and it is said to be SET. Likewise, when the oxygen is removed, the current path is lost and it is said to be RESET. Because the entire interface area is involved the current density is kept at a minimum which contributes to the high endurance of the cell.
New Risk • Apr 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$153.4m (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.5% per year over the past 5 years. Revenue is less than US$1m (AU$7.3k revenue, or US$4.7k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (8.0% increase in shares outstanding). Significant insider selling over the past 3 months (AU$366k sold). Market cap is less than US$100m (AU$153.4m market cap, or US$98.5m).
New Risk • Feb 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 0.5% per year over the past 5 years. Revenue is less than US$1m (AU$7.3k revenue, or US$4.8k). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Significant insider selling over the past 3 months (AU$366k sold).
Recent Insider Transactions • Feb 09Executive Chairman recently sold AU$366k worth of stockOn the 6th of February, David McAuliffe sold around 4m shares on-market at roughly AU$0.086 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.
New Risk • Nov 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$131.1m (US$86.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.8% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (AU$131.1m market cap, or US$86.5m).
공시 • Oct 124DS Memory Limited, Annual General Meeting, Nov 30, 20234DS Memory Limited, Annual General Meeting, Nov 30, 2023, at 10:00 W. Australia Standard Time. Location: Conference Room, Quest Kings Park, 54 Kings Park Road, West Perth Western Australia Australia Agenda: To consider the re-election and appointment of Directors.
New Risk • Aug 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.9m free cash flow). Earnings have declined by 7.8% per year over the past 5 years. Revenue is less than US$1m (AU$1.0 revenue, or US$1.0). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (AU$89.8m market cap, or US$57.7m).
공시 • Feb 084DS Memory Limited Announces Board Changes4DS Memory Limited announced the resignation of Drs. Wilbert van den Hoek as Executive Chairman of 4DS. Drs. van den Hoek will cease to be the Executive Chairman effective 13 February 2023. The Board has appointed Mr. David McAuliffe as interim Executive Chairman after 13 February 2023 whilst the Company undertakes a search for a USA based Chairman. The key terms of Mr. McAuliffe's appointment as interim Executive Chairman are unchanged from the key terms of his Executive Director role.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Nov 05Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Howard Digby was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Executive Departure • Apr 27Non-Executive Director has left the companyOn the 26th of April, James Dorrian's tenure as Non-Executive Director ended after 5.4 years in the role. As of December 2020, James personally held 53.44m shares (AU$6.7m worth at the time). James is the only executive to leave the company over the last 12 months.
Recent Insider Transactions • Mar 31Executive Director recently sold AU$200k worth of stockOn the 23rd of March, David McAuliffe sold around 1m shares on-market at roughly AU$0.20 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$350k more than they bought in the last 12 months.
Reported Earnings • Feb 19First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in 1H 2020)First half 2021 results: Net loss: AU$3.12m (loss widened 6.6% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Feb 05Executive Director recently sold AU$150k worth of stockOn the 3rd of February, David McAuliffe sold around 681k shares on-market at roughly AU$0.22 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Is New 90 Day High Low • Jan 21New 90-day high: AU$0.23The company is up 188% from its price of AU$0.08 on 23 October 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 54% over the same period.