This company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsTesserent (TNT) 주식 개요Tesserent Limited provides cyber security consulting, cloud, and managed services in Australia and internationally. 자세히 보기TNT 펀더멘털 분석스노우플레이크 점수가치 평가3/6미래 성장4/6과거 실적0/6재무 건전성4/6배당0/6강점수익은 매년 87.96% 증가할 것으로 예상됩니다.동종업계 및 업계 대비 좋은 가치로 거래위험 분석지난 1년 동안 주주가 희석되었습니다.모든 위험 점검 보기TNT 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$0.1356.7% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-9m251m2016201920222025202620282031Revenue AU$251.1mEarnings AU$30.3mAdvancedSet Fair ValueView all narrativesTesserent Limited 경쟁사QoriaSymbol: ASX:QORMarket cap: AU$395.7mProphecy International HoldingsSymbol: ASX:PROMarket cap: AU$5.9marchTISSymbol: ASX:AR9Market cap: AU$26.1mExcite Technology ServicesSymbol: ASX:EXTMarket cap: AU$13.0m가격 이력 및 성과Tesserent 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$0.1352주 최고가AU$0.1552주 최저가AU$0.046베타0.971개월 변동0%3개월 변동4.00%1년 변동18.18%3년 변동-48.00%5년 변동88.41%IPO 이후 변동-46.94%최근 뉴스 및 업데이트공시 • Oct 06Thales Australia Holdings Pty Ltd completed the acquisition of Tesserent Limited (ASX:TNT).Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million on June 11, 2023. Under the SID, it is proposed Thales Australia will acquire 100% of the share capital in Tesserent by way of a court approved scheme of arrangement for AUD 0.13 per share in cash. The cash consideration of AUD 0.13 per share values Tesserent’s equity at AUD 176 million. The transaction is fully funded by Thales’ own internal resources and cash reserves. The SID also provides for a separate and concurrent scheme of arrangement between Tesserent and its option and warrant holders under which each holder will receive cash for each instrument held in accordance with an agreed valuation methodology. A break fee and a reverse break fee of AUD 1.8 million will be payable to either Thales or Tesserent in certain circumstances. Post-acquisition, the Tesserent business will continue to be known as Tesserent, and its visual identity will incorporate the “Cyber Solutions by Thales” tagline. It will become the lead Cybersecurity offering of Thales Australia and New Zealand.The Share Scheme is subject to regulatory approvals including Australian Foreign Investment Review Board and New Zealand OIO approval, ASIC and ASX approval, court approval, No “Target Material Adverse Change”, "Target Regulated Event" or “Target Prescribed Occurrences, Tesserent retaining at least 85% of its key management during the period leading up to Court approval of the Scheme, approval by the shareholders of Tesserent and other customary conditions. The Share Scheme is not subject to financing or due diligence. Tesserent shareholders will have the opportunity to vote on the Share Scheme at a meeting of Tesserent shareholders expected to be held in September 2023. Tesserent’s Board unanimously recommends that Tesserent shareholders vote in favour of the Share Scheme in the absence of a superior proposal and subject to the Independent Expert concluding that the Share Scheme is in the best interests of Tesserent shareholders. Each Tesserent Director intends to vote the Tesserent shares held or controlled by them in favour of the proposed Share Scheme (representing collectively 8.98% of the total Tesserent shares on issue). As September 18, 2023, Tesserent shareholders voted in favour of the scheme of arrangement. The Scheme is expected to be implemented in October 2023. As of September 22, 2023 Share Scheme relating to FIRB approval, as set out in of the SID has been satisfied. Deloitte is acting as financial advisor and MinterEllison is acting as legal advisor to Tesserent. Azure Capital is acting as financial advisor and Tony Damian, Amelia Morgan of Herbert Smith Freehills is acting as legal advisor to Thales.Thales Australia Holdings Pty Ltd completed the acquisition of Tesserent Limited (ASX:TNT) on October 4, 2023.공시 • Oct 01Tesserent Limited (ASX:TNT) agreed to acquire Beyond Binary for AUD 7 million.Tesserent Limited (ASX:TNT) agreed to acquire Beyond Binary for AUD 7 million on September 29, 2023. completion of the acquisition is subject to a number of conditions precedent and is expected to complete by mid October 2023.Reported Earnings • Aug 31Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: AU$0.004 loss per share (improved from AU$0.007 loss in FY 2022). Revenue: AU$130.6m (up 16% from FY 2022). Net loss: AU$4.84m (loss narrowed 45% from FY 2022). Revenue missed analyst estimates by 16%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.New Risk • Aug 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (41% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Significant insider selling over the past 3 months (AU$304k sold).Recent Insider Transactions • Jul 07CEO & MD recently sold AU$304k worth of stockOn the 28th of June, Kurt Hansen sold around 3m shares on-market at roughly AU$0.12 per share. This transaction amounted to 19% 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 Kurt's only on-market trade for the last 12 months.공시 • Jun 15Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million.Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million on June 11, 2023. Under the SID, it is proposed Thales Australia will acquire 100% of the share capital in Tesserent by way of a court approved scheme of arrangement for AUD 0.13 per share in cash. The cash consideration of AUD 0.13 per share values Tesserent’s equity at AUD 176 million. The transaction is fully funded by Thales’ own internal resources and cash reserves. The SID also provides for a separate and concurrent scheme of arrangement between Tesserent and its option and warrant holders under which each holder will receive cash for each instrument held in accordance with an agreed valuation methodology. A break fee and a reverse break fee of AUD 1.8 million will be payable to either Thales or Tesserent in certain circumstances. Post-acquisition, the Tesserent business will continue to be known as Tesserent, and its visual identity will incorporate the “Cyber Solutions by Thales” tagline. It will become the lead Cybersecurity offering of Thales Australia and New Zealand. The Share Scheme is subject to regulatory approvals including Australian Foreign Investment Review Board and New Zealand OIO approval, ASIC and ASX approval, court approval, No “Target Material Adverse Change”, "Target Regulated Event" or “Target Prescribed Occurrences, Tesserent retaining at least 85% of its key management during the period leading up to Court approval of the Scheme, approval by the shareholders of Tesserent and other customary conditions. The Share Scheme is not subject to financing or due diligence. Tesserent shareholders will have the opportunity to vote on the Share Scheme at a meeting of Tesserent shareholders expected to be held in September 2023. Tesserent’s Board unanimously recommends that Tesserent shareholders vote in favour of the Share Scheme in the absence of a superior proposal and subject to the Independent Expert concluding that the Share Scheme is in the best interests of Tesserent shareholders. Each Tesserent Director intends to vote the Tesserent shares held or controlled by them in favour of the proposed Share Scheme (representing collectively 8.98% of the total Tesserent shares on issue). The Scheme is expected to be implemented in October 2023. Deloitte is acting as financial advisor and MinterEllison is acting as legal advisor to Tesserent. Azure Capital is acting as financial advisor and Herbert Smith Freehills is acting as legal advisor to Thales.더 많은 업데이트 보기Recent updates공시 • Oct 06Thales Australia Holdings Pty Ltd completed the acquisition of Tesserent Limited (ASX:TNT).Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million on June 11, 2023. Under the SID, it is proposed Thales Australia will acquire 100% of the share capital in Tesserent by way of a court approved scheme of arrangement for AUD 0.13 per share in cash. The cash consideration of AUD 0.13 per share values Tesserent’s equity at AUD 176 million. The transaction is fully funded by Thales’ own internal resources and cash reserves. The SID also provides for a separate and concurrent scheme of arrangement between Tesserent and its option and warrant holders under which each holder will receive cash for each instrument held in accordance with an agreed valuation methodology. A break fee and a reverse break fee of AUD 1.8 million will be payable to either Thales or Tesserent in certain circumstances. Post-acquisition, the Tesserent business will continue to be known as Tesserent, and its visual identity will incorporate the “Cyber Solutions by Thales” tagline. It will become the lead Cybersecurity offering of Thales Australia and New Zealand.The Share Scheme is subject to regulatory approvals including Australian Foreign Investment Review Board and New Zealand OIO approval, ASIC and ASX approval, court approval, No “Target Material Adverse Change”, "Target Regulated Event" or “Target Prescribed Occurrences, Tesserent retaining at least 85% of its key management during the period leading up to Court approval of the Scheme, approval by the shareholders of Tesserent and other customary conditions. The Share Scheme is not subject to financing or due diligence. Tesserent shareholders will have the opportunity to vote on the Share Scheme at a meeting of Tesserent shareholders expected to be held in September 2023. Tesserent’s Board unanimously recommends that Tesserent shareholders vote in favour of the Share Scheme in the absence of a superior proposal and subject to the Independent Expert concluding that the Share Scheme is in the best interests of Tesserent shareholders. Each Tesserent Director intends to vote the Tesserent shares held or controlled by them in favour of the proposed Share Scheme (representing collectively 8.98% of the total Tesserent shares on issue). As September 18, 2023, Tesserent shareholders voted in favour of the scheme of arrangement. The Scheme is expected to be implemented in October 2023. As of September 22, 2023 Share Scheme relating to FIRB approval, as set out in of the SID has been satisfied. Deloitte is acting as financial advisor and MinterEllison is acting as legal advisor to Tesserent. Azure Capital is acting as financial advisor and Tony Damian, Amelia Morgan of Herbert Smith Freehills is acting as legal advisor to Thales.Thales Australia Holdings Pty Ltd completed the acquisition of Tesserent Limited (ASX:TNT) on October 4, 2023.공시 • Oct 01Tesserent Limited (ASX:TNT) agreed to acquire Beyond Binary for AUD 7 million.Tesserent Limited (ASX:TNT) agreed to acquire Beyond Binary for AUD 7 million on September 29, 2023. completion of the acquisition is subject to a number of conditions precedent and is expected to complete by mid October 2023.Reported Earnings • Aug 31Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: AU$0.004 loss per share (improved from AU$0.007 loss in FY 2022). Revenue: AU$130.6m (up 16% from FY 2022). Net loss: AU$4.84m (loss narrowed 45% from FY 2022). Revenue missed analyst estimates by 16%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.New Risk • Aug 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (41% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Significant insider selling over the past 3 months (AU$304k sold).Recent Insider Transactions • Jul 07CEO & MD recently sold AU$304k worth of stockOn the 28th of June, Kurt Hansen sold around 3m shares on-market at roughly AU$0.12 per share. This transaction amounted to 19% 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 Kurt's only on-market trade for the last 12 months.공시 • Jun 15Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million.Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million on June 11, 2023. Under the SID, it is proposed Thales Australia will acquire 100% of the share capital in Tesserent by way of a court approved scheme of arrangement for AUD 0.13 per share in cash. The cash consideration of AUD 0.13 per share values Tesserent’s equity at AUD 176 million. The transaction is fully funded by Thales’ own internal resources and cash reserves. The SID also provides for a separate and concurrent scheme of arrangement between Tesserent and its option and warrant holders under which each holder will receive cash for each instrument held in accordance with an agreed valuation methodology. A break fee and a reverse break fee of AUD 1.8 million will be payable to either Thales or Tesserent in certain circumstances. Post-acquisition, the Tesserent business will continue to be known as Tesserent, and its visual identity will incorporate the “Cyber Solutions by Thales” tagline. It will become the lead Cybersecurity offering of Thales Australia and New Zealand. The Share Scheme is subject to regulatory approvals including Australian Foreign Investment Review Board and New Zealand OIO approval, ASIC and ASX approval, court approval, No “Target Material Adverse Change”, "Target Regulated Event" or “Target Prescribed Occurrences, Tesserent retaining at least 85% of its key management during the period leading up to Court approval of the Scheme, approval by the shareholders of Tesserent and other customary conditions. The Share Scheme is not subject to financing or due diligence. Tesserent shareholders will have the opportunity to vote on the Share Scheme at a meeting of Tesserent shareholders expected to be held in September 2023. Tesserent’s Board unanimously recommends that Tesserent shareholders vote in favour of the Share Scheme in the absence of a superior proposal and subject to the Independent Expert concluding that the Share Scheme is in the best interests of Tesserent shareholders. Each Tesserent Director intends to vote the Tesserent shares held or controlled by them in favour of the proposed Share Scheme (representing collectively 8.98% of the total Tesserent shares on issue). The Scheme is expected to be implemented in October 2023. Deloitte is acting as financial advisor and MinterEllison is acting as legal advisor to Tesserent. Azure Capital is acting as financial advisor and Herbert Smith Freehills is acting as legal advisor to Thales.New Risk • Jun 14New 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 42% 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 Risk Share price has been highly volatile over the past 3 months (42% average weekly change). Minor Risk Shareholders have been diluted in the past year (7.6% increase in shares outstanding).Reported Earnings • Feb 27First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in 1H 2022)First half 2023 results: AU$0.001 loss per share (improved from AU$0.003 loss in 1H 2022). Revenue: AU$62.1m (up 42% from 1H 2022). Net loss: AU$1.08m (loss narrowed 67% from 1H 2022). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공시 • Jan 27Tesserent Limited Appoints Tony Sheehan as Independent, Non-Executive Director of the Company Effective 27 January 2023Tesserent Limited announce the following change to its Board of Directors. Mr. Tony Sheehan has been appointed as an Independent, Non-Executive Director of the Company effective 27 January 2023. Mr. Sheehan is an independent consultant who previously worked for over three decades ingovernment service, including most recently as Deputy Secretary in Department of Foreign Affairs & Trade responsible for International Security, Humanitarian, Consular, Middle East and Africa and Legal Divisions. Prior to this he was Commonwealth Counter-TerrorismCoordinator and Chair of the Australia New Zealand Counter Terrorism Committee. Mr. Sheehan has also held the positions of Deputy Director-General ASIO, Deputy Secretary and COO of the Attorney-General's Department and head of Homeland and Border Security Division at the Department of the Prime Minister and Cabinet.분석 기사 • Dec 19Does Tesserent (ASX:TNT) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Price Target Changed • Nov 16Price target decreased to AU$0.22Down from AU$0.25, the current price target is provided by 1 analyst. New target price is 110% above last closing price of AU$0.10. Stock is down 43% over the past year. The company is forecast to post earnings per share of AU$0.009 next year compared to a net loss per share of AU$0.0073 last year.공시 • Sep 15Tesserent Limited, Annual General Meeting, Nov 18, 2022Tesserent Limited, Annual General Meeting, Nov 18, 2022, at 11:01 AUS Eastern Standard Time.Reported Earnings • Aug 31Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: AU$0.007 loss per share (down from AU$0.005 loss in FY 2021). Revenue: AU$114.1m (up 69% from FY 2021). Net loss: AU$8.78m (loss widened 94% from FY 2021). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 143%. Over the next year, revenue is forecast to grow 37%, compared to a 50% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.공시 • Aug 30Tesserent Limited Provides Financial Guidance for the Fiscal Year 2023Tesserent Limited provided financial guidance for the fiscal year 2023. For the year, the company expected fiscal year 2023 to be another year of growth, with continued strong organic growth and focus on cross selling opportunities across market and between divisions. This may be supplemented with some strategic acquisitions, where they complement and add to the existing Cyber360 strategy.공시 • Jul 29Tesserent Limited Appoints Paul Taylor as General Counsel and Company SecretaryTesserent Limited announced that appointment of Paul Taylor as General Counsel and Company Secretary, effective 29 June 2022. Mr. Taylor joins company with extensive experience, most recently as General Counsel & Company Secretary at Simonds Group Limited, an ASX listed business focused mainly on residential construction. Mr. Taylor previously held leadership roles in the insurance and financial services sector with the Cover-More Group and Insurance Australia Group Limited. Mr. Taylor will be the person responsible for communications with the ASX, pursuant to Listing Rule 12.6, effective from the date of his appointment. As a result, Oliver Carton has resigned as Company Secretary. The Board of TNT thanks Mr. Carton for his valued contribution and professionalism during his tenure as a trusted advisor for company.Recent Insider Transactions • Jun 30CEO & Executive Director recently bought AU$55k worth of stockOn the 23rd of June, Kurt Hansen bought around 458k shares on-market at roughly AU$0.12 per share. This was the largest purchase by an insider in the last 3 months. This was Kurt's only on-market trade for the last 12 months.분석 기사 • Apr 29We Think Tesserent (ASX:TNT) Can Stay On Top Of Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Price Target Changed • Apr 27Price target decreased to AU$0.28Down from AU$0.35, the current price target is provided by 1 analyst. New target price is 56% above last closing price of AU$0.18. Stock is down 20% over the past year. The company is forecast to post earnings per share of AU$0.0039 next year compared to a net loss per share of AU$0.0052 last year.공시 • Dec 25+ 1 more updateTesserent Limited (ASX:TNT) completed the acquisition of The Pearson Corporation Pty Ltd.Tesserent Limited (ASX:TNT) signed a Share Purchase Agreements to acquire Pearson Corporation Pty Ltd for an enterprise value of AUD 28.8 million on December 7, 2021. The consideration will be a mix of cash and TNT shares being paid in two instalments, with 50% of the enterprise value being paid on completion as cash AUD 8.64 million and issue of 33.9 million shares at AUD 0.175 per share for a total of AUD 5.92 million and the remaining 50%, AUD 14.24 million, to be paid on finalization of audited accounts estimated to be in September 2022 consisting of 60% cash and 40% share. In a related transaction, Tesserent Limited signed Share Purchase Agreements to acquire Claricent Pty Ltd for an enterprise value of AUD 4.13 million. These acquired businesses will immediately integrate into Tesserent’s North Security business which leads TNT’s Federal Government team. The transaction is financed from the capital raise undertaken by TNT in September 2021. The transaction is expected to close in December 2021. The transaction is immediately earnings, cashflow and EPS accretive whilst delivering significant locked-in recurring revenue with six months results consolidated into Tesserent’s financials for FY22, year ending on June 30, 2022. Tesserent Limited (ASX:TNT) completed the acquisition of The Pearson Corporation Pty Ltd on December 24, 2021.Recent Insider Transactions Derivative • Dec 17Independent Non-Executive Director exercised options to buy AU$255k worth of stock.On the 10th of December, Gregory Baxter exercised options to buy 2m shares at a strike price of around AU$0.12, costing a total of AU$188k. This transaction amounted to 38% of their direct individual holding at the time of the trade. Since June 2021, Gregory has owned 4.12m shares directly. Company insiders have collectively bought AU$207k more than they sold, via options and on-market transactions, in the last 12 months.공시 • Dec 09Tesserent Limited (ASX:TNT) agreed to acquire Claricent Pty Ltd for AUD 4.13 million.Tesserent Limited (ASX:TNT) agreed to acquire Claricent Pty Ltd for AUD 4.13 million on December 7, 2021. In the relayed transaction Tesserent Limited (ASX:TNT) also acquire Pearson Corporation Pty Ltd. The consideration for the acquisition of the Pearson Corporation and Claricent will be a mix of cash and TNT shares, being paid in two instalments, with 50% of the enterprise value being paid on completion estimated in December 2021 and the remaining 50% paid on finalisation of audited accounts estimated to be in September 2022. Both organisations will integrate into North Security which leads TNT’s Federal Government team. Final payment is subject to audited results and may be higher or lower as it will be based on final audited EBITDA multiplied by the valuation multiple minus the Completion Payment made in December 2021. Acquisition is expected to complete by 31 December 2021 and is immediately earnings, cash flow and EPS accretive whilst delivering significant locked-in recurring revenue – with six months results consolidated into Tesserent’s FY22 financials공시 • Dec 07Tesserent Limited (ASX:TNT) signed a Share Purchase Agreements to acquire Pearson Corporation Pty Ltd for an enterprise value of AUD 28.8 million.Tesserent Limited (ASX:TNT) signed a Share Purchase Agreements to acquire Pearson Corporation Pty Ltd for an enterprise value of AUD 28.8 million on December 7, 2021. The consideration will be a mix of cash and TNT shares being paid in two instalments, with 50% of the enterprise value being paid on completion as cash AUD 8.64 million and issue of 33.9 million shares at AUD 0.175 per share for a total of AUD 5.92 million and the remaining 50%, AUD 14.24 million, to be paid on finalization of audited accounts estimated to be in September 2022 consisting of 60% cash and 40% share. In a related transaction, Tesserent Limited signed Share Purchase Agreements to acquire Claricent Pty Ltd for an enterprise value of AUD 4.13 million. These acquired businesses will immediately integrate into Tesserent’s North Security business which leads TNT’s Federal Government team. The transaction is financed from the capital raise undertaken by TNT in September 2021. The transaction is expected to close in December 2021. The transaction is immediately earnings, cashflow and EPS accretive whilst delivering significant locked-in recurring revenue with six months results consolidated into Tesserent’s financials for FY22, year ending on June 30, 2022.Reported Earnings • Oct 04Full year 2021 earnings released: AU$0.005 loss per share (vs AU$0.02 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$67.4m (up 233% from FY 2020). Net loss: AU$4.53m (loss narrowed 38% from FY 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.공시 • Sep 29Tesserent Limited announced that it expects to receive AUD 25 million in fundingTesserent Limited announced a private placement of 119,047,619 shares at a price of AUD 0.21 per share for gross proceeds of AUD 25,000,000 on September 28, 2021. The transaction included participation from institutional, professional and sophisticated investors. The transaction is expected to close on October 1, 2021.Reported Earnings • Aug 31Full year 2021 earnings released: AU$0.005 loss per share (vs AU$0.02 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$68.4m (up 238% from FY 2020). Net loss: AU$4.53m (loss narrowed 38% from FY 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 19Tesserent Limited (ASX:TNT) agreed to acquire Loop Secure Pty Ltd for AUD 13.5 million.Tesserent Limited (ASX:TNT) agreed to acquire Loop Secure Pty Ltd for AUD 13.5 million on August 18, 2021. Under the terms, AUD 9 million will be paid in cash, and 15.9 million shares at a 14-day VWAP of AUD 0.28. The cash component is paid AUD 7 million on completion with the balance paid out over 12 months. The transaction will be funded from existing cash reserves together with Pure Finance facility. During the FY21, Loop Secure Pty Ltd reported turnover of AUD 18 million, delivering AUD 2.25 million EBITDA.공시 • Jun 23Tesserent Limited Revises Turnover Guidance for the Year 2021Tesserent Limited advised that the Company will comfortably exceed it's prior ambition of annualized turnover run rate of $150 million (based on turnover for the month of June 2021 annualised). It is now expected that the annualized turnover based on June will be approximately $180 million.분석 기사 • Jun 08Tesserent (ASX:TNT) Is Making Moderate Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • Mar 18Tesserent Limited (ASX:TNT) acquired Managed Security Services business of Secure Logic Pty Ltd for AUD 22.3 million.Tesserent Limited (ASX:TNT) acquired Managed Security Services business of Secure Logic Pty Ltd for AUD 22.3 million on March 16, 2021. Under the terms of transaction, consideration includes AUD 10.75 million in cash and 42,145,974 shares of Tesserent Limited. The cash component is funded from existing cash reserves together with the new Pure Finance facility. Santosh Devaraj and Managing Partner, Deepak Singh will head up Secure Logic’s integration into Tesserent’s Government practice group and ongoing operations. As of December 31, 2020 Managed Security Services business of Secure Logic Pty Ltd reported turnover of AUD 9 million, EBITDA of AUD 4.2 million. Tesserent Limited (ASX:TNT) completed the acquisition of Managed Security Services business of Secure Logic Pty Ltd on March 16, 2021.분석 기사 • Mar 02Tesserent (ASX:TNT) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Mar 02First half 2021 earnings released: AU$0.008 loss per share (vs AU$0.015 loss in 1H 2020)The company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: AU$28.9m (up 444% from 1H 2020). Net loss: AU$5.97m (loss widened 59% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Mar 01New 90-day low: AU$0.28The company is down 25% from its price of AU$0.36 on 01 December 2020. The Australian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 9.0% over the same period.분석 기사 • Feb 04Can You Imagine How Elated Tesserent's (ASX:TNT) Shareholders Feel About Its 415% Share Price Gain?For many, the main point of investing in the stock market is to achieve spectacular returns. While not every stock...공시 • Jan 20Tesserent Limited Announces Executive ChangesTesserent Limited announced that Megan Haas has joined the TNT board with immediate effect. During her more than 30 years at PWC Ms. Haas developed a strong background in technology risk and processes for organizations and service providers including internet applications using a range of hardware and operating systems, she was asked to build and lead the PwC Cyber Security and Privacy Consulting practice for Hong Kong and China and worked with clients on areas such as threat intelligence, incident & crisis management, identity & access management across information. As part of this appointment, Mr. Patrick Flannigan has resigned his position as Non-Executive Director from the Tesserent board.Is New 90 Day High Low • Jan 07New 90-day high: AU$0.41The company is up 66% from its price of AU$0.25 on 09 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 10.0% over the same period.분석 기사 • Dec 31Is Tesserent Limited's (ASX:TNT) Shareholder Ownership Skewed Towards Insiders?The big shareholder groups in Tesserent Limited ( ASX:TNT ) have power over the company. Institutions will often hold...공시 • Dec 18Tesserent Limited (ASX:TNT) entered into an agreement to acquire Lateral Security IT Services Limited for NZD 4.4 million.Tesserent Limited (ASX:TNT) entered into an agreement to acquire Lateral Security IT Services Limited for NZD 4.4 million on December 16, 2020, Pursuant to the agreement, Tesserent Limited shall pay NZD 2.17 million in cash and remaining through issuance of 6.25 million shares at NZD 0.3516 per share. The cash component is fully funded from existing cash reserves being NZD 1.08 million on completion and a deferred payment of NZD 1.08 million six months after completion. For financial year 2020, Lateral Security IT Services Limited has reported turnover of NZD 4.17 million and EBITDA of NZD 0.85 million. The transaction is immediately earning, cash flow and earning per share accretive to Tesserent Limited.Recent Insider Transactions Derivative • Dec 08Non-Executive Chairman exercised options to buy AU$3.6m worth of stock.On the 3rd of December, Geoffrey Lord exercised options to buy 10.00m shares at a strike price of around AU$0.05, costing a total of AU$500k. This transaction amounted to 155% of their direct individual holding at the time of the trade. Since March 2020, Geoffrey's direct individual holding has increased from 5.00m shares to 6.43m. Company insiders have collectively sold AU$105k more than they bought, via options and on-market transactions in the last 12 months.분석 기사 • Nov 26Don't Ignore The Fact That This Insider Just Sold Some Shares In Tesserent Limited (ASX:TNT)We'd be surprised if Tesserent Limited (ASX:TNT) shareholders haven't noticed that the Co-CEO, Co-MD & Executive...Is New 90 Day High Low • Nov 23New 90-day high: AU$0.41The company is up 82% from its price of AU$0.23 on 25 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 Software industry, which is up 10.0% over the same period.Recent Insider Transactions • Nov 18Co-CEO, Co-MD & Executive Director recently sold AU$607k worth of stockOn the 17th of November, Kurt Hansen sold around 2m shares on-market at roughly AU$0.38 per share. This was the largest sale by an insider in the last 3 months. This was Kurt's only on-market trade for the last 12 months.공시 • Nov 12Tesserent Limited (ASX:TNT) completed the acquisition of iQ3 Pty Ltd.Tesserent Limited (ASX:TNT) signed a share purchase agreement to acquire iQ3 Pty Ltd for AUD 16 million on September 23, 2020. The consideration will be paid as AUD 8.6 million in cash and 34.6 million in Tesserent shares. The cash component will be paid as AUD 4.3 million on completion and four deferred quarterly payments of AUD 1.07 million over a 12-month period. The cash component is fully funded from existing cash reserves. The acquisition is immediately earnings, cash flow and EPS accretive to the Tesserent. Tesserent Limited (ASX:TNT) completed the acquisition of iQ3 Pty Ltd on November 12, 2020.Reported Earnings • Oct 23Full year earnings released - AU$0.02 loss per shareOver the last 12 months the company has reported total losses of AU$7.31m, with losses widening by 67% from the prior year. Total revenue was AU$20.2m over the last 12 months, up 284% from the prior year.Is New 90 Day High Low • Oct 16New 90-day high: AU$0.33The company is up 296% from its price of AU$0.082 on 17 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 24% over the same period.공시 • Oct 06+ 1 more updateTesserent Limited Appoints Nathan Knox as Head of SynergiesTesserent Limited announced the Company has also recently appointed a Head of Synergies, Nathan Knox, to ensure a coordinated approach to understanding Group capabilities and appropriate processes are in place to educate and drive cross-selling opportunities.Reported Earnings • Oct 02Full year earnings released - AU$0.02 loss per shareOver the last 12 months the company has reported total losses of AU$7.31m, with losses widening by 67% from the prior year. Total revenue was AU$20.2m over the last 12 months, up 284% from the prior year.공시 • Sep 24Tesserent Limited (ASX:TNT) signed a share purchase agreement to acquire iQ3 Pty Ltd for 16 million.Tesserent Limited (ASX:TNT) signed a share purchase agreement to acquire iQ3 Pty Ltd for 16 million on September 23, 2020. The consideration will be paid as AUD 8.6 million in cash and 34.6 million in Tesserent shares. The cash component will be paid as AUD 4.3 million on completion and four deferred quarterly payments of AUD 1.07 million over a 12-month period. The cash component is fully funded from existing cash reserves. The acquisition is immediately earnings, cash flow and EPS accretive to the Tesserent.공시 • Sep 11Tesserent Limited (ASX:TNT) completed the acquisition of Airloom Holdings Pty Ltd.Tesserent Limited (ASX:TNT) signed an agreement to acquire Airloom Holdings Pty Ltd for AUD 15 million on August 25, 2020. Under the agreement, consideration shall be payable by the combination of cash and shares. Tesserent Limited shall pay AUD 6 million in cash and issuance of 40 million shares. The cash payment will be split over two payments, with AUD 5 million payable on completion and AUD 1 million upon achieving agreed key financial milestones. The consideration is payable subject to any necessary shareholder or other regulatory approval. The transaction is fully funded through Tesserent’s Acquisition Debt Funding Facility with PURE Asset Management. For financial year 2020, Airloom has reported revenues of AUD 27 million and EBITDA of AUD 2.7 million. Airloom is immediately earnings, cash flow and earning per share accretive to the TNT Group. Tesserent Limited (ASX:TNT) completed the acquisition of Airloom Holdings Pty Ltd on September 11, 2020.공시 • Aug 26Tesserent Limited (ASX:TNT) acquired Airloom for AUD 15 million.Tesserent Limited (ASX:TNT) signed an agreement to acquire Airloom for AUD 15 million on August 25, 2020. Under the agreement, consideration shall be payable by the combination of cash and shares. Tesserent Limited shall pay AUD 6 million in cash and issuance of 40 million shares. The cash payment will be split over two payments, with AUD 5 million payable on completion and AUD 1 million upon achieving agreed key financial milestones. The consideration is payable subject to any necessary shareholder or other regulatory approval. The transaction is fully funded through Tesserent’s Acquisition Debt Funding Facility with PURE Asset Management. For financial year 2020, Airloom has reported revenues of AUD 27 million and EBITDA of AUD 2.7 million. Airloom is immediately earnings, cash flow and earning per share accretive to the TNT Group. Tesserent Limited (ASX:TNT) completed the acquisition of Airloom on August 26, 2020.공시 • Aug 04Tesserent Limited (ASX:TNT) completed the acquisition of Seer Security.Tesserent Limited (ASX:TNT) entered into a binding share purchase agreement to acquire Seer Security for AUD 15 million on July 23, 2020. Out of total consideration, AUD 5 million will be paid in cash and remaining AUD 10 million of consideration will be paid by issue of 76.923077 million shares of Tesserent Limited. Out of 76.923077 million shares, 6.923077 million shares are subject to approval of shareholders of Tesserent Limited. Out of total cash consideration of AUD 5 million, AUD 2.5 million is payable on completion, AUD 1.25 million will be paid after 13 months of completion and remaining AUD 1.25 million after 25 months of completion of transaction. The transaction is funded through Tesserent’s acquisition debt funding facility with Pure Asset Management announced on July 20, 2020. Seer Security reported a revenue in excess of AUD 7.6 million and AUD 2.2 million in sustainable earnings for the year ended June 30, 2020. The Seer Canberra team will join the North Security team of Tesserent Limited on completion while the Melbourne team will remain an independent organization focused on extending their leadership position in Security Software development. Integration of the new team will be completed by the end of September 2020. Transaction is expected to be completed in early August 2020. Tesserent Limited (ASX:TNT) completed the acquisition of Seer Security on August 4, 2020.공시 • Jul 23Tesserent Limited (ASX:TNT) entered into a binding share purchase agreement to acquire Seer Security for AUD 15 million.Tesserent Limited (ASX:TNT) entered into a binding share purchase agreement to acquire Seer Security for AUD 15 million on July 23, 2020. Out of total consideration, AUD 5 million will be paid in cash and remaining AUD 10 million of consideration will be paid by issue of 76.923077 million shares of Tesserent Limited. Out of 76.923077 million shares, 6.923077 million shares are subject to approval of shareholders of Tesserent Limited. Out of total cash consideration of AUD 5 million, AUD 2.5 million is payable on completion, AUD 1.25 million will be paid after 13 months of completion and remaining AUD 1.25 million after 25 months of completion of transaction. The transaction is funded through Tesserent’s acquisition debt funding facility with Pure Asset Management announced on July 20, 2020. Seer Security reported a revenue in excess of AUD 7.6 million and AUD 2.2 million in sustainable earnings for the year ended June 30, 2020. The Seer Canberra team will join the North Security team of Tesserent Limited on completion while the Melbourne team will remain an independent organization focused on extending their leadership position in Security Software development. Integration of the new team will be completed by the end of September 2020. Transaction is expected to be completed in early August 2020.공시 • Jul 22Tesserent Limited announced that it expects to receive AUD 10 million in funding from Pure Asset Management Pty LtdTesserent Limited (ASX:TNT) announced that it has entered into an agreement with existing investor Pure Asset Management Pty. Ltd. for loan facility of gross proceeds of AUD 10,000,000 on July 20, 2020. The loan facility bears interest of 8.9% per annum, accruing daily and paid quarterly in arrears and matures in 48 months from drawdown. The loan is secured by first ranking general security over all present and after-acquired property of the borrower and each guarantor. The company will also issue 43,750,000 warrants exercisable at AUD 0.12 per share for 48 months from issue.주주 수익률TNTAU SoftwareAU 시장7D0%-0.9%0.08%1Y18.2%-48.2%3.1%전체 주주 수익률 보기수익률 대 산업: TNT은 지난 1년 동안 -47.3%의 수익을 기록한 Australian Software 산업보다 저조한 성과를 냈습니다.수익률 대 시장: TNT은 지난 1년 동안 2.9%를 기록한 Australian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is TNT's price volatile compared to industry and market?TNT volatilityTNT Average Weekly Movement4.3%Software Industry Average Movement11.4%Market Average Movement10.5%10% most volatile stocks in AU Market17.5%10% least volatile stocks in AU Market4.3%안정적인 주가: TNT는 지난 3개월 동안 Australian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: TNT의 주간 변동성은 지난 1년간 22%에서 4%로 감소했습니다.회사 소개설립직원 수CEO웹사이트2015321Kurt Hansentesserent.com더 보기Tesserent Limited 기초 지표 요약Tesserent의 순이익과 매출은 시가총액과 어떻게 비교됩니까?TNT 기초 통계시가총액AU$176.04m순이익 (TTM)-AU$4.84m매출 (TTM)AU$130.54m1.3x주가매출비율(P/S)-36.4x주가수익비율(P/E)TNT는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표TNT 손익계산서 (TTM)매출AU$130.54m매출원가AU$12.49m총이익AU$118.05m기타 비용AU$122.88m순이익-AU$4.84m최근 보고된 실적Jun 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)-0.0036총이익률90.43%순이익률-3.70%부채/자본 비율40.6%TNT의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/10/07 05:42종가2023/09/25 00:00수익2023/06/30연간 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 소스Tesserent Limited는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관David McFadyenShaw and Partners Limited
공시 • Oct 06Thales Australia Holdings Pty Ltd completed the acquisition of Tesserent Limited (ASX:TNT).Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million on June 11, 2023. Under the SID, it is proposed Thales Australia will acquire 100% of the share capital in Tesserent by way of a court approved scheme of arrangement for AUD 0.13 per share in cash. The cash consideration of AUD 0.13 per share values Tesserent’s equity at AUD 176 million. The transaction is fully funded by Thales’ own internal resources and cash reserves. The SID also provides for a separate and concurrent scheme of arrangement between Tesserent and its option and warrant holders under which each holder will receive cash for each instrument held in accordance with an agreed valuation methodology. A break fee and a reverse break fee of AUD 1.8 million will be payable to either Thales or Tesserent in certain circumstances. Post-acquisition, the Tesserent business will continue to be known as Tesserent, and its visual identity will incorporate the “Cyber Solutions by Thales” tagline. It will become the lead Cybersecurity offering of Thales Australia and New Zealand.The Share Scheme is subject to regulatory approvals including Australian Foreign Investment Review Board and New Zealand OIO approval, ASIC and ASX approval, court approval, No “Target Material Adverse Change”, "Target Regulated Event" or “Target Prescribed Occurrences, Tesserent retaining at least 85% of its key management during the period leading up to Court approval of the Scheme, approval by the shareholders of Tesserent and other customary conditions. The Share Scheme is not subject to financing or due diligence. Tesserent shareholders will have the opportunity to vote on the Share Scheme at a meeting of Tesserent shareholders expected to be held in September 2023. Tesserent’s Board unanimously recommends that Tesserent shareholders vote in favour of the Share Scheme in the absence of a superior proposal and subject to the Independent Expert concluding that the Share Scheme is in the best interests of Tesserent shareholders. Each Tesserent Director intends to vote the Tesserent shares held or controlled by them in favour of the proposed Share Scheme (representing collectively 8.98% of the total Tesserent shares on issue). As September 18, 2023, Tesserent shareholders voted in favour of the scheme of arrangement. The Scheme is expected to be implemented in October 2023. As of September 22, 2023 Share Scheme relating to FIRB approval, as set out in of the SID has been satisfied. Deloitte is acting as financial advisor and MinterEllison is acting as legal advisor to Tesserent. Azure Capital is acting as financial advisor and Tony Damian, Amelia Morgan of Herbert Smith Freehills is acting as legal advisor to Thales.Thales Australia Holdings Pty Ltd completed the acquisition of Tesserent Limited (ASX:TNT) on October 4, 2023.
공시 • Oct 01Tesserent Limited (ASX:TNT) agreed to acquire Beyond Binary for AUD 7 million.Tesserent Limited (ASX:TNT) agreed to acquire Beyond Binary for AUD 7 million on September 29, 2023. completion of the acquisition is subject to a number of conditions precedent and is expected to complete by mid October 2023.
Reported Earnings • Aug 31Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: AU$0.004 loss per share (improved from AU$0.007 loss in FY 2022). Revenue: AU$130.6m (up 16% from FY 2022). Net loss: AU$4.84m (loss narrowed 45% from FY 2022). Revenue missed analyst estimates by 16%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
New Risk • Aug 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (41% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Significant insider selling over the past 3 months (AU$304k sold).
Recent Insider Transactions • Jul 07CEO & MD recently sold AU$304k worth of stockOn the 28th of June, Kurt Hansen sold around 3m shares on-market at roughly AU$0.12 per share. This transaction amounted to 19% 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 Kurt's only on-market trade for the last 12 months.
공시 • Jun 15Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million.Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million on June 11, 2023. Under the SID, it is proposed Thales Australia will acquire 100% of the share capital in Tesserent by way of a court approved scheme of arrangement for AUD 0.13 per share in cash. The cash consideration of AUD 0.13 per share values Tesserent’s equity at AUD 176 million. The transaction is fully funded by Thales’ own internal resources and cash reserves. The SID also provides for a separate and concurrent scheme of arrangement between Tesserent and its option and warrant holders under which each holder will receive cash for each instrument held in accordance with an agreed valuation methodology. A break fee and a reverse break fee of AUD 1.8 million will be payable to either Thales or Tesserent in certain circumstances. Post-acquisition, the Tesserent business will continue to be known as Tesserent, and its visual identity will incorporate the “Cyber Solutions by Thales” tagline. It will become the lead Cybersecurity offering of Thales Australia and New Zealand. The Share Scheme is subject to regulatory approvals including Australian Foreign Investment Review Board and New Zealand OIO approval, ASIC and ASX approval, court approval, No “Target Material Adverse Change”, "Target Regulated Event" or “Target Prescribed Occurrences, Tesserent retaining at least 85% of its key management during the period leading up to Court approval of the Scheme, approval by the shareholders of Tesserent and other customary conditions. The Share Scheme is not subject to financing or due diligence. Tesserent shareholders will have the opportunity to vote on the Share Scheme at a meeting of Tesserent shareholders expected to be held in September 2023. Tesserent’s Board unanimously recommends that Tesserent shareholders vote in favour of the Share Scheme in the absence of a superior proposal and subject to the Independent Expert concluding that the Share Scheme is in the best interests of Tesserent shareholders. Each Tesserent Director intends to vote the Tesserent shares held or controlled by them in favour of the proposed Share Scheme (representing collectively 8.98% of the total Tesserent shares on issue). The Scheme is expected to be implemented in October 2023. Deloitte is acting as financial advisor and MinterEllison is acting as legal advisor to Tesserent. Azure Capital is acting as financial advisor and Herbert Smith Freehills is acting as legal advisor to Thales.
공시 • Oct 06Thales Australia Holdings Pty Ltd completed the acquisition of Tesserent Limited (ASX:TNT).Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million on June 11, 2023. Under the SID, it is proposed Thales Australia will acquire 100% of the share capital in Tesserent by way of a court approved scheme of arrangement for AUD 0.13 per share in cash. The cash consideration of AUD 0.13 per share values Tesserent’s equity at AUD 176 million. The transaction is fully funded by Thales’ own internal resources and cash reserves. The SID also provides for a separate and concurrent scheme of arrangement between Tesserent and its option and warrant holders under which each holder will receive cash for each instrument held in accordance with an agreed valuation methodology. A break fee and a reverse break fee of AUD 1.8 million will be payable to either Thales or Tesserent in certain circumstances. Post-acquisition, the Tesserent business will continue to be known as Tesserent, and its visual identity will incorporate the “Cyber Solutions by Thales” tagline. It will become the lead Cybersecurity offering of Thales Australia and New Zealand.The Share Scheme is subject to regulatory approvals including Australian Foreign Investment Review Board and New Zealand OIO approval, ASIC and ASX approval, court approval, No “Target Material Adverse Change”, "Target Regulated Event" or “Target Prescribed Occurrences, Tesserent retaining at least 85% of its key management during the period leading up to Court approval of the Scheme, approval by the shareholders of Tesserent and other customary conditions. The Share Scheme is not subject to financing or due diligence. Tesserent shareholders will have the opportunity to vote on the Share Scheme at a meeting of Tesserent shareholders expected to be held in September 2023. Tesserent’s Board unanimously recommends that Tesserent shareholders vote in favour of the Share Scheme in the absence of a superior proposal and subject to the Independent Expert concluding that the Share Scheme is in the best interests of Tesserent shareholders. Each Tesserent Director intends to vote the Tesserent shares held or controlled by them in favour of the proposed Share Scheme (representing collectively 8.98% of the total Tesserent shares on issue). As September 18, 2023, Tesserent shareholders voted in favour of the scheme of arrangement. The Scheme is expected to be implemented in October 2023. As of September 22, 2023 Share Scheme relating to FIRB approval, as set out in of the SID has been satisfied. Deloitte is acting as financial advisor and MinterEllison is acting as legal advisor to Tesserent. Azure Capital is acting as financial advisor and Tony Damian, Amelia Morgan of Herbert Smith Freehills is acting as legal advisor to Thales.Thales Australia Holdings Pty Ltd completed the acquisition of Tesserent Limited (ASX:TNT) on October 4, 2023.
공시 • Oct 01Tesserent Limited (ASX:TNT) agreed to acquire Beyond Binary for AUD 7 million.Tesserent Limited (ASX:TNT) agreed to acquire Beyond Binary for AUD 7 million on September 29, 2023. completion of the acquisition is subject to a number of conditions precedent and is expected to complete by mid October 2023.
Reported Earnings • Aug 31Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: AU$0.004 loss per share (improved from AU$0.007 loss in FY 2022). Revenue: AU$130.6m (up 16% from FY 2022). Net loss: AU$4.84m (loss narrowed 45% from FY 2022). Revenue missed analyst estimates by 16%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
New Risk • Aug 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (41% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Significant insider selling over the past 3 months (AU$304k sold).
Recent Insider Transactions • Jul 07CEO & MD recently sold AU$304k worth of stockOn the 28th of June, Kurt Hansen sold around 3m shares on-market at roughly AU$0.12 per share. This transaction amounted to 19% 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 Kurt's only on-market trade for the last 12 months.
공시 • Jun 15Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million.Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million on June 11, 2023. Under the SID, it is proposed Thales Australia will acquire 100% of the share capital in Tesserent by way of a court approved scheme of arrangement for AUD 0.13 per share in cash. The cash consideration of AUD 0.13 per share values Tesserent’s equity at AUD 176 million. The transaction is fully funded by Thales’ own internal resources and cash reserves. The SID also provides for a separate and concurrent scheme of arrangement between Tesserent and its option and warrant holders under which each holder will receive cash for each instrument held in accordance with an agreed valuation methodology. A break fee and a reverse break fee of AUD 1.8 million will be payable to either Thales or Tesserent in certain circumstances. Post-acquisition, the Tesserent business will continue to be known as Tesserent, and its visual identity will incorporate the “Cyber Solutions by Thales” tagline. It will become the lead Cybersecurity offering of Thales Australia and New Zealand. The Share Scheme is subject to regulatory approvals including Australian Foreign Investment Review Board and New Zealand OIO approval, ASIC and ASX approval, court approval, No “Target Material Adverse Change”, "Target Regulated Event" or “Target Prescribed Occurrences, Tesserent retaining at least 85% of its key management during the period leading up to Court approval of the Scheme, approval by the shareholders of Tesserent and other customary conditions. The Share Scheme is not subject to financing or due diligence. Tesserent shareholders will have the opportunity to vote on the Share Scheme at a meeting of Tesserent shareholders expected to be held in September 2023. Tesserent’s Board unanimously recommends that Tesserent shareholders vote in favour of the Share Scheme in the absence of a superior proposal and subject to the Independent Expert concluding that the Share Scheme is in the best interests of Tesserent shareholders. Each Tesserent Director intends to vote the Tesserent shares held or controlled by them in favour of the proposed Share Scheme (representing collectively 8.98% of the total Tesserent shares on issue). The Scheme is expected to be implemented in October 2023. Deloitte is acting as financial advisor and MinterEllison is acting as legal advisor to Tesserent. Azure Capital is acting as financial advisor and Herbert Smith Freehills is acting as legal advisor to Thales.
New Risk • Jun 14New 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 42% 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 Risk Share price has been highly volatile over the past 3 months (42% average weekly change). Minor Risk Shareholders have been diluted in the past year (7.6% increase in shares outstanding).
Reported Earnings • Feb 27First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in 1H 2022)First half 2023 results: AU$0.001 loss per share (improved from AU$0.003 loss in 1H 2022). Revenue: AU$62.1m (up 42% from 1H 2022). Net loss: AU$1.08m (loss narrowed 67% from 1H 2022). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공시 • Jan 27Tesserent Limited Appoints Tony Sheehan as Independent, Non-Executive Director of the Company Effective 27 January 2023Tesserent Limited announce the following change to its Board of Directors. Mr. Tony Sheehan has been appointed as an Independent, Non-Executive Director of the Company effective 27 January 2023. Mr. Sheehan is an independent consultant who previously worked for over three decades ingovernment service, including most recently as Deputy Secretary in Department of Foreign Affairs & Trade responsible for International Security, Humanitarian, Consular, Middle East and Africa and Legal Divisions. Prior to this he was Commonwealth Counter-TerrorismCoordinator and Chair of the Australia New Zealand Counter Terrorism Committee. Mr. Sheehan has also held the positions of Deputy Director-General ASIO, Deputy Secretary and COO of the Attorney-General's Department and head of Homeland and Border Security Division at the Department of the Prime Minister and Cabinet.
분석 기사 • Dec 19Does Tesserent (ASX:TNT) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Price Target Changed • Nov 16Price target decreased to AU$0.22Down from AU$0.25, the current price target is provided by 1 analyst. New target price is 110% above last closing price of AU$0.10. Stock is down 43% over the past year. The company is forecast to post earnings per share of AU$0.009 next year compared to a net loss per share of AU$0.0073 last year.
공시 • Sep 15Tesserent Limited, Annual General Meeting, Nov 18, 2022Tesserent Limited, Annual General Meeting, Nov 18, 2022, at 11:01 AUS Eastern Standard Time.
Reported Earnings • Aug 31Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: AU$0.007 loss per share (down from AU$0.005 loss in FY 2021). Revenue: AU$114.1m (up 69% from FY 2021). Net loss: AU$8.78m (loss widened 94% from FY 2021). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 143%. Over the next year, revenue is forecast to grow 37%, compared to a 50% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
공시 • Aug 30Tesserent Limited Provides Financial Guidance for the Fiscal Year 2023Tesserent Limited provided financial guidance for the fiscal year 2023. For the year, the company expected fiscal year 2023 to be another year of growth, with continued strong organic growth and focus on cross selling opportunities across market and between divisions. This may be supplemented with some strategic acquisitions, where they complement and add to the existing Cyber360 strategy.
공시 • Jul 29Tesserent Limited Appoints Paul Taylor as General Counsel and Company SecretaryTesserent Limited announced that appointment of Paul Taylor as General Counsel and Company Secretary, effective 29 June 2022. Mr. Taylor joins company with extensive experience, most recently as General Counsel & Company Secretary at Simonds Group Limited, an ASX listed business focused mainly on residential construction. Mr. Taylor previously held leadership roles in the insurance and financial services sector with the Cover-More Group and Insurance Australia Group Limited. Mr. Taylor will be the person responsible for communications with the ASX, pursuant to Listing Rule 12.6, effective from the date of his appointment. As a result, Oliver Carton has resigned as Company Secretary. The Board of TNT thanks Mr. Carton for his valued contribution and professionalism during his tenure as a trusted advisor for company.
Recent Insider Transactions • Jun 30CEO & Executive Director recently bought AU$55k worth of stockOn the 23rd of June, Kurt Hansen bought around 458k shares on-market at roughly AU$0.12 per share. This was the largest purchase by an insider in the last 3 months. This was Kurt's only on-market trade for the last 12 months.
분석 기사 • Apr 29We Think Tesserent (ASX:TNT) Can Stay On Top Of Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Price Target Changed • Apr 27Price target decreased to AU$0.28Down from AU$0.35, the current price target is provided by 1 analyst. New target price is 56% above last closing price of AU$0.18. Stock is down 20% over the past year. The company is forecast to post earnings per share of AU$0.0039 next year compared to a net loss per share of AU$0.0052 last year.
공시 • Dec 25+ 1 more updateTesserent Limited (ASX:TNT) completed the acquisition of The Pearson Corporation Pty Ltd.Tesserent Limited (ASX:TNT) signed a Share Purchase Agreements to acquire Pearson Corporation Pty Ltd for an enterprise value of AUD 28.8 million on December 7, 2021. The consideration will be a mix of cash and TNT shares being paid in two instalments, with 50% of the enterprise value being paid on completion as cash AUD 8.64 million and issue of 33.9 million shares at AUD 0.175 per share for a total of AUD 5.92 million and the remaining 50%, AUD 14.24 million, to be paid on finalization of audited accounts estimated to be in September 2022 consisting of 60% cash and 40% share. In a related transaction, Tesserent Limited signed Share Purchase Agreements to acquire Claricent Pty Ltd for an enterprise value of AUD 4.13 million. These acquired businesses will immediately integrate into Tesserent’s North Security business which leads TNT’s Federal Government team. The transaction is financed from the capital raise undertaken by TNT in September 2021. The transaction is expected to close in December 2021. The transaction is immediately earnings, cashflow and EPS accretive whilst delivering significant locked-in recurring revenue with six months results consolidated into Tesserent’s financials for FY22, year ending on June 30, 2022. Tesserent Limited (ASX:TNT) completed the acquisition of The Pearson Corporation Pty Ltd on December 24, 2021.
Recent Insider Transactions Derivative • Dec 17Independent Non-Executive Director exercised options to buy AU$255k worth of stock.On the 10th of December, Gregory Baxter exercised options to buy 2m shares at a strike price of around AU$0.12, costing a total of AU$188k. This transaction amounted to 38% of their direct individual holding at the time of the trade. Since June 2021, Gregory has owned 4.12m shares directly. Company insiders have collectively bought AU$207k more than they sold, via options and on-market transactions, in the last 12 months.
공시 • Dec 09Tesserent Limited (ASX:TNT) agreed to acquire Claricent Pty Ltd for AUD 4.13 million.Tesserent Limited (ASX:TNT) agreed to acquire Claricent Pty Ltd for AUD 4.13 million on December 7, 2021. In the relayed transaction Tesserent Limited (ASX:TNT) also acquire Pearson Corporation Pty Ltd. The consideration for the acquisition of the Pearson Corporation and Claricent will be a mix of cash and TNT shares, being paid in two instalments, with 50% of the enterprise value being paid on completion estimated in December 2021 and the remaining 50% paid on finalisation of audited accounts estimated to be in September 2022. Both organisations will integrate into North Security which leads TNT’s Federal Government team. Final payment is subject to audited results and may be higher or lower as it will be based on final audited EBITDA multiplied by the valuation multiple minus the Completion Payment made in December 2021. Acquisition is expected to complete by 31 December 2021 and is immediately earnings, cash flow and EPS accretive whilst delivering significant locked-in recurring revenue – with six months results consolidated into Tesserent’s FY22 financials
공시 • Dec 07Tesserent Limited (ASX:TNT) signed a Share Purchase Agreements to acquire Pearson Corporation Pty Ltd for an enterprise value of AUD 28.8 million.Tesserent Limited (ASX:TNT) signed a Share Purchase Agreements to acquire Pearson Corporation Pty Ltd for an enterprise value of AUD 28.8 million on December 7, 2021. The consideration will be a mix of cash and TNT shares being paid in two instalments, with 50% of the enterprise value being paid on completion as cash AUD 8.64 million and issue of 33.9 million shares at AUD 0.175 per share for a total of AUD 5.92 million and the remaining 50%, AUD 14.24 million, to be paid on finalization of audited accounts estimated to be in September 2022 consisting of 60% cash and 40% share. In a related transaction, Tesserent Limited signed Share Purchase Agreements to acquire Claricent Pty Ltd for an enterprise value of AUD 4.13 million. These acquired businesses will immediately integrate into Tesserent’s North Security business which leads TNT’s Federal Government team. The transaction is financed from the capital raise undertaken by TNT in September 2021. The transaction is expected to close in December 2021. The transaction is immediately earnings, cashflow and EPS accretive whilst delivering significant locked-in recurring revenue with six months results consolidated into Tesserent’s financials for FY22, year ending on June 30, 2022.
Reported Earnings • Oct 04Full year 2021 earnings released: AU$0.005 loss per share (vs AU$0.02 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$67.4m (up 233% from FY 2020). Net loss: AU$4.53m (loss narrowed 38% from FY 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Sep 29Tesserent Limited announced that it expects to receive AUD 25 million in fundingTesserent Limited announced a private placement of 119,047,619 shares at a price of AUD 0.21 per share for gross proceeds of AUD 25,000,000 on September 28, 2021. The transaction included participation from institutional, professional and sophisticated investors. The transaction is expected to close on October 1, 2021.
Reported Earnings • Aug 31Full year 2021 earnings released: AU$0.005 loss per share (vs AU$0.02 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$68.4m (up 238% from FY 2020). Net loss: AU$4.53m (loss narrowed 38% from FY 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 19Tesserent Limited (ASX:TNT) agreed to acquire Loop Secure Pty Ltd for AUD 13.5 million.Tesserent Limited (ASX:TNT) agreed to acquire Loop Secure Pty Ltd for AUD 13.5 million on August 18, 2021. Under the terms, AUD 9 million will be paid in cash, and 15.9 million shares at a 14-day VWAP of AUD 0.28. The cash component is paid AUD 7 million on completion with the balance paid out over 12 months. The transaction will be funded from existing cash reserves together with Pure Finance facility. During the FY21, Loop Secure Pty Ltd reported turnover of AUD 18 million, delivering AUD 2.25 million EBITDA.
공시 • Jun 23Tesserent Limited Revises Turnover Guidance for the Year 2021Tesserent Limited advised that the Company will comfortably exceed it's prior ambition of annualized turnover run rate of $150 million (based on turnover for the month of June 2021 annualised). It is now expected that the annualized turnover based on June will be approximately $180 million.
분석 기사 • Jun 08Tesserent (ASX:TNT) Is Making Moderate Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Mar 18Tesserent Limited (ASX:TNT) acquired Managed Security Services business of Secure Logic Pty Ltd for AUD 22.3 million.Tesserent Limited (ASX:TNT) acquired Managed Security Services business of Secure Logic Pty Ltd for AUD 22.3 million on March 16, 2021. Under the terms of transaction, consideration includes AUD 10.75 million in cash and 42,145,974 shares of Tesserent Limited. The cash component is funded from existing cash reserves together with the new Pure Finance facility. Santosh Devaraj and Managing Partner, Deepak Singh will head up Secure Logic’s integration into Tesserent’s Government practice group and ongoing operations. As of December 31, 2020 Managed Security Services business of Secure Logic Pty Ltd reported turnover of AUD 9 million, EBITDA of AUD 4.2 million. Tesserent Limited (ASX:TNT) completed the acquisition of Managed Security Services business of Secure Logic Pty Ltd on March 16, 2021.
분석 기사 • Mar 02Tesserent (ASX:TNT) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Mar 02First half 2021 earnings released: AU$0.008 loss per share (vs AU$0.015 loss in 1H 2020)The company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: AU$28.9m (up 444% from 1H 2020). Net loss: AU$5.97m (loss widened 59% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Mar 01New 90-day low: AU$0.28The company is down 25% from its price of AU$0.36 on 01 December 2020. The Australian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 9.0% over the same period.
분석 기사 • Feb 04Can You Imagine How Elated Tesserent's (ASX:TNT) Shareholders Feel About Its 415% Share Price Gain?For many, the main point of investing in the stock market is to achieve spectacular returns. While not every stock...
공시 • Jan 20Tesserent Limited Announces Executive ChangesTesserent Limited announced that Megan Haas has joined the TNT board with immediate effect. During her more than 30 years at PWC Ms. Haas developed a strong background in technology risk and processes for organizations and service providers including internet applications using a range of hardware and operating systems, she was asked to build and lead the PwC Cyber Security and Privacy Consulting practice for Hong Kong and China and worked with clients on areas such as threat intelligence, incident & crisis management, identity & access management across information. As part of this appointment, Mr. Patrick Flannigan has resigned his position as Non-Executive Director from the Tesserent board.
Is New 90 Day High Low • Jan 07New 90-day high: AU$0.41The company is up 66% from its price of AU$0.25 on 09 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 10.0% over the same period.
분석 기사 • Dec 31Is Tesserent Limited's (ASX:TNT) Shareholder Ownership Skewed Towards Insiders?The big shareholder groups in Tesserent Limited ( ASX:TNT ) have power over the company. Institutions will often hold...
공시 • Dec 18Tesserent Limited (ASX:TNT) entered into an agreement to acquire Lateral Security IT Services Limited for NZD 4.4 million.Tesserent Limited (ASX:TNT) entered into an agreement to acquire Lateral Security IT Services Limited for NZD 4.4 million on December 16, 2020, Pursuant to the agreement, Tesserent Limited shall pay NZD 2.17 million in cash and remaining through issuance of 6.25 million shares at NZD 0.3516 per share. The cash component is fully funded from existing cash reserves being NZD 1.08 million on completion and a deferred payment of NZD 1.08 million six months after completion. For financial year 2020, Lateral Security IT Services Limited has reported turnover of NZD 4.17 million and EBITDA of NZD 0.85 million. The transaction is immediately earning, cash flow and earning per share accretive to Tesserent Limited.
Recent Insider Transactions Derivative • Dec 08Non-Executive Chairman exercised options to buy AU$3.6m worth of stock.On the 3rd of December, Geoffrey Lord exercised options to buy 10.00m shares at a strike price of around AU$0.05, costing a total of AU$500k. This transaction amounted to 155% of their direct individual holding at the time of the trade. Since March 2020, Geoffrey's direct individual holding has increased from 5.00m shares to 6.43m. Company insiders have collectively sold AU$105k more than they bought, via options and on-market transactions in the last 12 months.
분석 기사 • Nov 26Don't Ignore The Fact That This Insider Just Sold Some Shares In Tesserent Limited (ASX:TNT)We'd be surprised if Tesserent Limited (ASX:TNT) shareholders haven't noticed that the Co-CEO, Co-MD & Executive...
Is New 90 Day High Low • Nov 23New 90-day high: AU$0.41The company is up 82% from its price of AU$0.23 on 25 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 Software industry, which is up 10.0% over the same period.
Recent Insider Transactions • Nov 18Co-CEO, Co-MD & Executive Director recently sold AU$607k worth of stockOn the 17th of November, Kurt Hansen sold around 2m shares on-market at roughly AU$0.38 per share. This was the largest sale by an insider in the last 3 months. This was Kurt's only on-market trade for the last 12 months.
공시 • Nov 12Tesserent Limited (ASX:TNT) completed the acquisition of iQ3 Pty Ltd.Tesserent Limited (ASX:TNT) signed a share purchase agreement to acquire iQ3 Pty Ltd for AUD 16 million on September 23, 2020. The consideration will be paid as AUD 8.6 million in cash and 34.6 million in Tesserent shares. The cash component will be paid as AUD 4.3 million on completion and four deferred quarterly payments of AUD 1.07 million over a 12-month period. The cash component is fully funded from existing cash reserves. The acquisition is immediately earnings, cash flow and EPS accretive to the Tesserent. Tesserent Limited (ASX:TNT) completed the acquisition of iQ3 Pty Ltd on November 12, 2020.
Reported Earnings • Oct 23Full year earnings released - AU$0.02 loss per shareOver the last 12 months the company has reported total losses of AU$7.31m, with losses widening by 67% from the prior year. Total revenue was AU$20.2m over the last 12 months, up 284% from the prior year.
Is New 90 Day High Low • Oct 16New 90-day high: AU$0.33The company is up 296% from its price of AU$0.082 on 17 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 24% over the same period.
공시 • Oct 06+ 1 more updateTesserent Limited Appoints Nathan Knox as Head of SynergiesTesserent Limited announced the Company has also recently appointed a Head of Synergies, Nathan Knox, to ensure a coordinated approach to understanding Group capabilities and appropriate processes are in place to educate and drive cross-selling opportunities.
Reported Earnings • Oct 02Full year earnings released - AU$0.02 loss per shareOver the last 12 months the company has reported total losses of AU$7.31m, with losses widening by 67% from the prior year. Total revenue was AU$20.2m over the last 12 months, up 284% from the prior year.
공시 • Sep 24Tesserent Limited (ASX:TNT) signed a share purchase agreement to acquire iQ3 Pty Ltd for 16 million.Tesserent Limited (ASX:TNT) signed a share purchase agreement to acquire iQ3 Pty Ltd for 16 million on September 23, 2020. The consideration will be paid as AUD 8.6 million in cash and 34.6 million in Tesserent shares. The cash component will be paid as AUD 4.3 million on completion and four deferred quarterly payments of AUD 1.07 million over a 12-month period. The cash component is fully funded from existing cash reserves. The acquisition is immediately earnings, cash flow and EPS accretive to the Tesserent.
공시 • Sep 11Tesserent Limited (ASX:TNT) completed the acquisition of Airloom Holdings Pty Ltd.Tesserent Limited (ASX:TNT) signed an agreement to acquire Airloom Holdings Pty Ltd for AUD 15 million on August 25, 2020. Under the agreement, consideration shall be payable by the combination of cash and shares. Tesserent Limited shall pay AUD 6 million in cash and issuance of 40 million shares. The cash payment will be split over two payments, with AUD 5 million payable on completion and AUD 1 million upon achieving agreed key financial milestones. The consideration is payable subject to any necessary shareholder or other regulatory approval. The transaction is fully funded through Tesserent’s Acquisition Debt Funding Facility with PURE Asset Management. For financial year 2020, Airloom has reported revenues of AUD 27 million and EBITDA of AUD 2.7 million. Airloom is immediately earnings, cash flow and earning per share accretive to the TNT Group. Tesserent Limited (ASX:TNT) completed the acquisition of Airloom Holdings Pty Ltd on September 11, 2020.
공시 • Aug 26Tesserent Limited (ASX:TNT) acquired Airloom for AUD 15 million.Tesserent Limited (ASX:TNT) signed an agreement to acquire Airloom for AUD 15 million on August 25, 2020. Under the agreement, consideration shall be payable by the combination of cash and shares. Tesserent Limited shall pay AUD 6 million in cash and issuance of 40 million shares. The cash payment will be split over two payments, with AUD 5 million payable on completion and AUD 1 million upon achieving agreed key financial milestones. The consideration is payable subject to any necessary shareholder or other regulatory approval. The transaction is fully funded through Tesserent’s Acquisition Debt Funding Facility with PURE Asset Management. For financial year 2020, Airloom has reported revenues of AUD 27 million and EBITDA of AUD 2.7 million. Airloom is immediately earnings, cash flow and earning per share accretive to the TNT Group. Tesserent Limited (ASX:TNT) completed the acquisition of Airloom on August 26, 2020.
공시 • Aug 04Tesserent Limited (ASX:TNT) completed the acquisition of Seer Security.Tesserent Limited (ASX:TNT) entered into a binding share purchase agreement to acquire Seer Security for AUD 15 million on July 23, 2020. Out of total consideration, AUD 5 million will be paid in cash and remaining AUD 10 million of consideration will be paid by issue of 76.923077 million shares of Tesserent Limited. Out of 76.923077 million shares, 6.923077 million shares are subject to approval of shareholders of Tesserent Limited. Out of total cash consideration of AUD 5 million, AUD 2.5 million is payable on completion, AUD 1.25 million will be paid after 13 months of completion and remaining AUD 1.25 million after 25 months of completion of transaction. The transaction is funded through Tesserent’s acquisition debt funding facility with Pure Asset Management announced on July 20, 2020. Seer Security reported a revenue in excess of AUD 7.6 million and AUD 2.2 million in sustainable earnings for the year ended June 30, 2020. The Seer Canberra team will join the North Security team of Tesserent Limited on completion while the Melbourne team will remain an independent organization focused on extending their leadership position in Security Software development. Integration of the new team will be completed by the end of September 2020. Transaction is expected to be completed in early August 2020. Tesserent Limited (ASX:TNT) completed the acquisition of Seer Security on August 4, 2020.
공시 • Jul 23Tesserent Limited (ASX:TNT) entered into a binding share purchase agreement to acquire Seer Security for AUD 15 million.Tesserent Limited (ASX:TNT) entered into a binding share purchase agreement to acquire Seer Security for AUD 15 million on July 23, 2020. Out of total consideration, AUD 5 million will be paid in cash and remaining AUD 10 million of consideration will be paid by issue of 76.923077 million shares of Tesserent Limited. Out of 76.923077 million shares, 6.923077 million shares are subject to approval of shareholders of Tesserent Limited. Out of total cash consideration of AUD 5 million, AUD 2.5 million is payable on completion, AUD 1.25 million will be paid after 13 months of completion and remaining AUD 1.25 million after 25 months of completion of transaction. The transaction is funded through Tesserent’s acquisition debt funding facility with Pure Asset Management announced on July 20, 2020. Seer Security reported a revenue in excess of AUD 7.6 million and AUD 2.2 million in sustainable earnings for the year ended June 30, 2020. The Seer Canberra team will join the North Security team of Tesserent Limited on completion while the Melbourne team will remain an independent organization focused on extending their leadership position in Security Software development. Integration of the new team will be completed by the end of September 2020. Transaction is expected to be completed in early August 2020.
공시 • Jul 22Tesserent Limited announced that it expects to receive AUD 10 million in funding from Pure Asset Management Pty LtdTesserent Limited (ASX:TNT) announced that it has entered into an agreement with existing investor Pure Asset Management Pty. Ltd. for loan facility of gross proceeds of AUD 10,000,000 on July 20, 2020. The loan facility bears interest of 8.9% per annum, accruing daily and paid quarterly in arrears and matures in 48 months from drawdown. The loan is secured by first ranking general security over all present and after-acquired property of the borrower and each guarantor. The company will also issue 43,750,000 warrants exercisable at AUD 0.12 per share for 48 months from issue.
