View Future GrowthAdveritas 과거 순이익 실적과거 기준 점검 0/6Adveritas은 연평균 2.2%의 비율로 수입이 증가해 온 반면, Software 산업은 연평균 11.2%의 비율로 증가했습니다. 매출은 연평균 43%의 비율로 증가했습니다.핵심 정보2.24%순이익 성장률22.17%주당순이익(EPS) 성장률Software 산업 성장률14.88%매출 성장률43.04%자기자본이익률-246.67%순이익률-55.52%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Aug 29Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.022 loss in FY 2023)Full year 2024 results: AU$0.017 loss per share. Revenue: AU$5.58m (up 89% from FY 2023). Net loss: AU$11.6m (loss widened 6.2% from FY 2023). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Germany.Reported Earnings • Sep 01Full year 2023 earnings released: AU$0.022 loss per share (vs AU$0.021 loss in FY 2022)Full year 2023 results: AU$0.022 loss per share (further deteriorated from AU$0.021 loss in FY 2022). Revenue: AU$5.53m (up 165% from FY 2022). Net loss: AU$10.9m (loss widened 20% from FY 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 03First half 2023 earnings released: AU$0.011 loss per share (vs AU$0.011 loss in 1H 2022)First half 2023 results: AU$0.011 loss per share (in line with 1H 2022). Revenue: AU$3.43m (up 258% from 1H 2022). Net loss: AU$4.84m (loss widened 7.0% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 01Full year 2022 earnings released: AU$0.021 loss per share (vs AU$0.026 loss in FY 2021)Full year 2022 results: AU$0.021 loss per share. Revenue: AU$3.86m (up 300% from FY 2021). Net loss: AU$9.08m (flat on FY 2021).Reported Earnings • Aug 31Full year 2021 earnings released: AU$0.026 loss per share (vs AU$0.047 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$2.73m (up 123% from FY 2020). Net loss: AU$9.00m (loss narrowed 5.1% from FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updates공지 • Aug 28Adveritas Limited, Annual General Meeting, Nov 11, 2025Adveritas Limited, Annual General Meeting, Nov 11, 2025. Location: sydney Australia공지 • Jun 19Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 8.5 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 8.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 85,000,000 Price\Range: AUD 0.1 Discount Per Security: AUD 0.005 Transaction Features: Subsequent Direct Listing공지 • Sep 20Adveritas Limited, Annual General Meeting, Nov 18, 2024Adveritas Limited, Annual General Meeting, Nov 18, 2024.Reported Earnings • Aug 29Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.022 loss in FY 2023)Full year 2024 results: AU$0.017 loss per share. Revenue: AU$5.58m (up 89% from FY 2023). Net loss: AU$11.6m (loss widened 6.2% from FY 2023). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Germany.Breakeven Date Change • Jun 30Forecast to breakeven in 2026The analyst covering Adveritas expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$700.0k in 2026. Average annual earnings growth of 83% is required to achieve expected profit on schedule.Board Change • May 19Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Josh Lowcock was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • May 12New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-AU$481k). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.9m net loss next year). Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (€31.4m market cap, or US$33.9m).공지 • May 01Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 4.5 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 4.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: AUD 0.06 Transaction Features: Subsequent Direct ListingNew Risk • Apr 12New 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 German stocks, typically moving 11% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$12m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-AU$481k). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.9m net loss next year). Shareholders have been diluted in the past year (38% increase in shares outstanding). Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (€24.2m market cap, or US$25.9m).New Risk • Mar 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$12m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$12m free cash flow). Negative equity (-AU$481k). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.9m net loss next year). Share price has been volatile over the past 3 months (9.2% average weekly change). Shareholders have been diluted in the past year (38% increase in shares outstanding). Revenue is less than US$5m (AU$2.1m revenue, or US$1.3m). Market cap is less than US$100m (€20.0m market cap, or US$21.7m).New Risk • Dec 20New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 6.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$2.9m revenue, or US$2.0m). Market cap is less than US$100m (€19.6m market cap, or US$21.5m).공지 • Dec 13Adveritas Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.Adveritas Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 44,500,000 Price\Range: AUD 0.05 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,500,000 Price\Range: AUD 0.05 Transaction Features: Subsequent Direct Listing공지 • Sep 09Adveritas Limited, Annual General Meeting, Nov 14, 2023Adveritas Limited, Annual General Meeting, Nov 14, 2023.Reported Earnings • Sep 01Full year 2023 earnings released: AU$0.022 loss per share (vs AU$0.021 loss in FY 2022)Full year 2023 results: AU$0.022 loss per share (further deteriorated from AU$0.021 loss in FY 2022). Revenue: AU$5.53m (up 165% from FY 2022). Net loss: AU$10.9m (loss widened 20% from FY 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 30% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$9.1m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-AU$846k). Earnings have declined by 5.2% per year over the past 5 years. 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 (49% increase in shares outstanding). Revenue is less than US$5m (AU$2.6m revenue, or US$1.7m). Market cap is less than US$100m (€17.3m market cap, or US$18.9m).공지 • May 18Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 25,000,000 Price\Range: AUD 0.1 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,000,000 Price\Range: AUD 0.1 Transaction Features: Subsequent Direct Listing공지 • May 16Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 6.5 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 6.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 77,592,746 Price\Range: AUD 0.048 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 57,823,920 Price\Range: AUD 0.048 Transaction Features: Subsequent Direct ListingReported Earnings • Mar 03First half 2023 earnings released: AU$0.011 loss per share (vs AU$0.011 loss in 1H 2022)First half 2023 results: AU$0.011 loss per share (in line with 1H 2022). Revenue: AU$3.43m (up 258% from 1H 2022). Net loss: AU$4.84m (loss widened 7.0% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Board Change • Nov 17Less 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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Andrew Stott was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Sep 01Full year 2022 earnings released: AU$0.021 loss per share (vs AU$0.026 loss in FY 2021)Full year 2022 results: AU$0.021 loss per share. Revenue: AU$3.86m (up 300% from FY 2021). Net loss: AU$9.08m (flat on FY 2021).Board Change • Apr 27Less 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. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non Executive Chairman Stephen Belben was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 31Full year 2021 earnings released: AU$0.026 loss per share (vs AU$0.047 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$2.73m (up 123% from FY 2020). Net loss: AU$9.00m (loss narrowed 5.1% from FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.매출 및 비용 세부 내역Adveritas가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:4TM 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비31 Dec 2510-54030 Sep 259-63030 Jun 258-73031 Mar 257-83031 Dec 246-103030 Sep 245-113030 Jun 244-123031 Mar 244-123031 Dec 233-123030 Sep 233-123030 Jun 233-113031 Mar 233-103031 Dec 222-104030 Sep 222-93030 Jun 222-93031 Mar 222-82031 Dec 211-82030 Sep 211-82030 Jun 211-93031 Mar 211-94031 Dec 201-104030 Sep 201-104030 Jun 201-93031 Mar 201-103031 Dec 191-103030 Sep 191-82030 Jun 191-72031 Dec 180-61030 Sep 180-71030 Jun 180-71031 Dec 17-15-8-2030 Sep 17-8-70030 Jun 170-51031 Mar 1733-18031 Dec 1630-39030 Sep 1631-310030 Jun 1632-411031 Mar 1629-710031 Dec 1526-1010030 Sep 1519-108030 Jun 1512-1050양질의 수익: 4TM 은(는) 현재 수익성이 없습니다.이익 마진 증가: 4TM는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 4TM는 수익성이 없지만 지난 5년 동안 연평균 2.2%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 4TM의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 4TM은 수익성이 없어 지난 해 수익 성장률을 Software 업계(18.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 4TM는 현재 수익성이 없으므로 자본 수익률이 음수(-246.67%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 13:24종가2026/05/07 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 소스Adveritas Limited는 1명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Chris SavageBell Potter
Reported Earnings • Aug 29Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.022 loss in FY 2023)Full year 2024 results: AU$0.017 loss per share. Revenue: AU$5.58m (up 89% from FY 2023). Net loss: AU$11.6m (loss widened 6.2% from FY 2023). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Germany.
Reported Earnings • Sep 01Full year 2023 earnings released: AU$0.022 loss per share (vs AU$0.021 loss in FY 2022)Full year 2023 results: AU$0.022 loss per share (further deteriorated from AU$0.021 loss in FY 2022). Revenue: AU$5.53m (up 165% from FY 2022). Net loss: AU$10.9m (loss widened 20% from FY 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 03First half 2023 earnings released: AU$0.011 loss per share (vs AU$0.011 loss in 1H 2022)First half 2023 results: AU$0.011 loss per share (in line with 1H 2022). Revenue: AU$3.43m (up 258% from 1H 2022). Net loss: AU$4.84m (loss widened 7.0% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 01Full year 2022 earnings released: AU$0.021 loss per share (vs AU$0.026 loss in FY 2021)Full year 2022 results: AU$0.021 loss per share. Revenue: AU$3.86m (up 300% from FY 2021). Net loss: AU$9.08m (flat on FY 2021).
Reported Earnings • Aug 31Full year 2021 earnings released: AU$0.026 loss per share (vs AU$0.047 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$2.73m (up 123% from FY 2020). Net loss: AU$9.00m (loss narrowed 5.1% from FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
공지 • Aug 28Adveritas Limited, Annual General Meeting, Nov 11, 2025Adveritas Limited, Annual General Meeting, Nov 11, 2025. Location: sydney Australia
공지 • Jun 19Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 8.5 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 8.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 85,000,000 Price\Range: AUD 0.1 Discount Per Security: AUD 0.005 Transaction Features: Subsequent Direct Listing
공지 • Sep 20Adveritas Limited, Annual General Meeting, Nov 18, 2024Adveritas Limited, Annual General Meeting, Nov 18, 2024.
Reported Earnings • Aug 29Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.022 loss in FY 2023)Full year 2024 results: AU$0.017 loss per share. Revenue: AU$5.58m (up 89% from FY 2023). Net loss: AU$11.6m (loss widened 6.2% from FY 2023). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Germany.
Breakeven Date Change • Jun 30Forecast to breakeven in 2026The analyst covering Adveritas expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$700.0k in 2026. Average annual earnings growth of 83% is required to achieve expected profit on schedule.
Board Change • May 19Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Josh Lowcock was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • May 12New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-AU$481k). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.9m net loss next year). Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (€31.4m market cap, or US$33.9m).
공지 • May 01Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 4.5 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 4.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: AUD 0.06 Transaction Features: Subsequent Direct Listing
New Risk • Apr 12New 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 German stocks, typically moving 11% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$12m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-AU$481k). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.9m net loss next year). Shareholders have been diluted in the past year (38% increase in shares outstanding). Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (€24.2m market cap, or US$25.9m).
New Risk • Mar 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$12m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$12m free cash flow). Negative equity (-AU$481k). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.9m net loss next year). Share price has been volatile over the past 3 months (9.2% average weekly change). Shareholders have been diluted in the past year (38% increase in shares outstanding). Revenue is less than US$5m (AU$2.1m revenue, or US$1.3m). Market cap is less than US$100m (€20.0m market cap, or US$21.7m).
New Risk • Dec 20New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 6.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$2.9m revenue, or US$2.0m). Market cap is less than US$100m (€19.6m market cap, or US$21.5m).
공지 • Dec 13Adveritas Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.Adveritas Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 44,500,000 Price\Range: AUD 0.05 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,500,000 Price\Range: AUD 0.05 Transaction Features: Subsequent Direct Listing
공지 • Sep 09Adveritas Limited, Annual General Meeting, Nov 14, 2023Adveritas Limited, Annual General Meeting, Nov 14, 2023.
Reported Earnings • Sep 01Full year 2023 earnings released: AU$0.022 loss per share (vs AU$0.021 loss in FY 2022)Full year 2023 results: AU$0.022 loss per share (further deteriorated from AU$0.021 loss in FY 2022). Revenue: AU$5.53m (up 165% from FY 2022). Net loss: AU$10.9m (loss widened 20% from FY 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 30% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$9.1m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-AU$846k). Earnings have declined by 5.2% per year over the past 5 years. 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 (49% increase in shares outstanding). Revenue is less than US$5m (AU$2.6m revenue, or US$1.7m). Market cap is less than US$100m (€17.3m market cap, or US$18.9m).
공지 • May 18Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 25,000,000 Price\Range: AUD 0.1 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 5,000,000 Price\Range: AUD 0.1 Transaction Features: Subsequent Direct Listing
공지 • May 16Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 6.5 million.Adveritas Limited has completed a Follow-on Equity Offering in the amount of AUD 6.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 77,592,746 Price\Range: AUD 0.048 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 57,823,920 Price\Range: AUD 0.048 Transaction Features: Subsequent Direct Listing
Reported Earnings • Mar 03First half 2023 earnings released: AU$0.011 loss per share (vs AU$0.011 loss in 1H 2022)First half 2023 results: AU$0.011 loss per share (in line with 1H 2022). Revenue: AU$3.43m (up 258% from 1H 2022). Net loss: AU$4.84m (loss widened 7.0% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Board Change • Nov 17Less 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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Andrew Stott was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Sep 01Full year 2022 earnings released: AU$0.021 loss per share (vs AU$0.026 loss in FY 2021)Full year 2022 results: AU$0.021 loss per share. Revenue: AU$3.86m (up 300% from FY 2021). Net loss: AU$9.08m (flat on FY 2021).
Board Change • Apr 27Less 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. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non Executive Chairman Stephen Belben was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 31Full year 2021 earnings released: AU$0.026 loss per share (vs AU$0.047 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$2.73m (up 123% from FY 2020). Net loss: AU$9.00m (loss narrowed 5.1% from FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.