공시 • Apr 23
Pentanet Limited to Report Fiscal Year 2026 Results on Aug 31, 2026 Pentanet Limited announced that they will report fiscal year 2026 results on Aug 31, 2026 공시 • Oct 03
Pentanet Limited, Annual General Meeting, Nov 13, 2025 Pentanet Limited, Annual General Meeting, Nov 13, 2025. Location: pentanet, 25/257, balcatta road, balcatta wa 6021, Australia 공시 • Sep 30
Pentanet Limited Announces Resignation of Arron Canicais as Joint Company Secretary Pentanet Limited announced that Mr. Arron Canicais has resigned as Joint Company Secretary, effective 30 September 2024. Mr. Patrick Holywell continues in the role of Company Secretary and, for the purposes of ASX Listing Rule 12.6, remains the primary person responsible for communication between the Company and the ASX. New Risk • Sep 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.95m (US$9.89m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (€8.95m market cap, or US$9.89m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Board Change • Apr 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman David Buckingham was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 02
Pentanet Limited has completed a Follow-on Equity Offering in the amount of AUD 4.28 million. Pentanet Limited has completed a Follow-on Equity Offering in the amount of AUD 4.28 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 59,444,445
Price\Range: AUD 0.072
Discount Per Security: AUD 0.00432
Transaction Features: Subsequent Direct Listing 공시 • Mar 23
Pentanet Limited has filed a Follow-on Equity Offering in the amount of AUD 4.28 million. Pentanet Limited has filed a Follow-on Equity Offering in the amount of AUD 4.28 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 59,444,445
Price\Range: AUD 0.072
Discount Per Security: AUD 0.00432
Transaction Features: Subsequent Direct Listing New Risk • Mar 19
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$7.4m 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$7.4m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$706k net loss in 2 years). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (€18.4m market cap, or US$20.0m). 공시 • Oct 26
Pentanet Limited to Report Q1, 2024 Results on Oct 30, 2023 Pentanet Limited announced that they will report Q1, 2024 results on Oct 30, 2023 공시 • Oct 10
Pentanet Limited Announces Appointment of Dominic O'Hanlon as A Non-Executive Director, Effective 6 October 2023 Pentanet Limited announced the appointment of Mr. Dominic O'Hanlon as a non-executive director, effective 6 October 2023. Mr. O'Hanlon is a well-known and successful technology entrepreneur, business executive, professional director, and investor with extensive experience and knowledge of the Information Technology industry built up over a career spanning over 30 years. He brings extensive domestic and global experience across the start-up and technology sectors to his role as a non-executive director. Mr. O'Hanlon is currently the non-executive chairperson of BikeExchange Limited. He was managing director and CEO of rhipe Limited for over seven years. During Mr. O'Hanlon's time Prior to RHP, Mr. O'Hanlon had multiple technology build and scale experiences including as CEO of Haley Limited and as Chief Strategy Officer of MYOB. Dominic is a Fellow of the Australasian Institute of Company Directors. Board Change • Oct 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman David Buckingham was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Sep 15
Pentanet Limited, Annual General Meeting, Nov 15, 2023 Pentanet Limited, Annual General Meeting, Nov 15, 2023. Agenda: To discuss the re-election of directors. 공시 • Sep 13
Pentanet Limited Appoints Arron Canicais as Joint Company Secretary Pentanet Limited advised the appointment of Mr. Arron Canicais as Joint Company Secretary, effective 13 September 2023. Mr. Canicais is an experienced finance professional who holds Company Secretary and Chief Financial Officer positions with public and private companies across several sectors. He is an associate of the Governance Institute of Australia and Chartered Accountants Australia and New Zealand. Mr. Holywell continues as Joint Company Secretary. Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.02 loss per share (vs AU$0.027 loss in FY 2022) Full year 2023 results: AU$0.02 loss per share (improved from AU$0.027 loss in FY 2022). Revenue: AU$21.0m (up 22% from FY 2022). Net loss: AU$7.57m (loss narrowed 4.5% from FY 2022). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Telecom industry in Germany. Breakeven Date Change • Sep 01
Forecast to breakeven in 2026 The 3 analysts covering Pentanet expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 56% per year to 2025. The company is expected to make a profit of AU$3.30m in 2026. Average annual earnings growth of 83% is required to achieve expected profit on schedule. New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$15m 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$15m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$3.5m net loss in 2 years). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (€17.8m market cap, or US$19.3m). 공시 • Aug 29
Pentanet Limited to Report Fiscal Year 2023 Results on Aug 30, 2023 Pentanet Limited announced that they will report fiscal year 2023 results on Aug 30, 2023