Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. No independent directors (3 non-independent directors). MD, Company Secretary & Executive Director Geoff Acton was the last 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: Lack of independent directors. Insufficient board refreshment. Aankondiging • Oct 18
Advance ZincTek Limited, Annual General Meeting, Nov 14, 2025 Advance ZincTek Limited, Annual General Meeting, Nov 14, 2025. Location: at aicd, level 9, riverside centre, 123 eagle st, brisbane city qld 4001 Australia Board Change • Aug 18
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. No independent directors (3 non-independent directors). MD, Company Secretary & Executive Director Geoff Acton was the last 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: Lack of independent directors. Insufficient board refreshment. Recent Insider Transactions • Nov 13
Non-Executive Chairman recently bought AU$61k worth of stock On the 11th of November, Lev Mizikovsky bought around 81k shares on-market at roughly AU$0.76 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$78k. Lev has been a buyer over the last 12 months, purchasing a net total of AU$229k worth in shares. Recent Insider Transactions • Nov 05
Non-Executive Chairman recently bought AU$78k worth of stock On the 1st of November, Lev Mizikovsky bought around 102k shares on-market at roughly AU$0.76 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Lev has been a buyer over the last 12 months, purchasing a net total of AU$147k worth in shares. Aankondiging • Sep 13
Advance ZincTek Limited, Annual General Meeting, Oct 14, 2024 Advance ZincTek Limited, Annual General Meeting, Oct 14, 2024. Location: morgans, level 29, riverside centre, 123 eagle st, brisbane city qld 4001, Australia Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.014 loss per share (vs AU$0.027 profit in FY 2023) Full year 2024 results: AU$0.014 loss per share (down from AU$0.027 profit in FY 2023). Revenue: AU$10.0m (down 31% from FY 2023). Net loss: AU$903.0k (down 154% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. New Risk • Aug 20
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Shares are highly illiquid. Earnings have declined by 42% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Profit margins are more than 30% lower than last year (7.8% net profit margin). Market cap is less than US$100m (AU$45.0m market cap, or US$30.2m). Board Change • Jun 03
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-executive Director Linda Barr was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • May 31
Advance Zinctek Limited Announces Board Changes Advance ZincTek Limited announced that one of its Non-executive Directors has resigned, Linda Barr (Chair of Audit Committee). The Board is in the process of defining skills required to replace Linda on the Board of AdvanceZincTek. In the meantime, Rade Dudurovic will assume the Chair of Audit Committee responsibilities. Rade has an extensive background in private equity with strong exposure to industrial and branded consumer manufacturing and distribution businesses particularly in the Asian region. He has qualifications in commerce and law and is a CPA as well as Senior Fellow of FINSIA. Aankondiging • Feb 08
Mizikovsky Group completed the acquisition of 12.17% stake in Advance ZincTek Limited (ASX:ANO). Mizikovsky Group made an offer to acquire additional 48.42% stake in Advance ZincTek Limited (ASX:ANO) for AUD32 million on October 11, 2023. As part of the offer, Mizikovsky will acquire 11.24 million share of Advance ZincTek for AUD 0.97 per share. The Mizikovsky Group currently has a relevant interest in approximately 51.58% of the ANO shares on issue. As a part of acquisition, Mizikovsky Group’s aggregate shareholding in ANO will increase from approximately 51.58% to 70%. There is no minimum acceptance. Advisory Partners Pty Ltd acted as the Financial advisor and the fairness opinion provider and Sparke Helmore Lawyers acted as the legal advisor to Advance ZincTek.
Mizikovsky Group completed the acquisition of 12.17% stake in Advance ZincTek Limited (ASX:ANO) on February 6, 2024. Reported Earnings • Feb 07
First half 2024 earnings released: EPS: AU$0.01 (vs AU$0.021 in 1H 2023) First half 2024 results: EPS: AU$0.01 (down from AU$0.021 in 1H 2023). Revenue: AU$6.10m (down 18% from 1H 2023). Net income: AU$643.0k (down 49% from 1H 2023). Profit margin: 11% (down from 17% in 1H 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Board Change • Jan 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-executive Director Linda Barr was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-executive Director Linda Barr was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Sep 11
Advance ZincTek Limited, Annual General Meeting, Oct 10, 2023 Advance ZincTek Limited, Annual General Meeting, Oct 10, 2023, at 11:30 E. Australia Standard Time. Location: Australian Institute of Company Directors, Level 9, Riverside Centre 123 Eagle St, Brisbane City QLD 4001 Brisbane Australia Agenda: To receive and consider the Company's financial statements, the related Directors Report, Directors' Declaration and Independent Audit Report for the financial year ended 30 June 2023; to consider remuneration report; and to consider re-election of Lev Mizikovsky as a Director. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to AU$1.02, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 16x in the Chemicals industry in Australia. Total loss to shareholders of 70% over the past three years. Recent Insider Transactions • Sep 02
Non-Executive Chairman recently bought AU$102k worth of stock On the 31st of August, Lev Mizikovsky bought around 97k shares on-market at roughly AU$1.05 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Lev has been a buyer over the last 12 months, purchasing a net total of AU$2.1m worth in shares. Reported Earnings • Aug 31
Full year 2023 earnings released: EPS: AU$0.027 (vs AU$0.036 in FY 2022) Full year 2023 results: EPS: AU$0.027 (down from AU$0.036 in FY 2022). Revenue: AU$14.6m (up 13% from FY 2022). Net income: AU$1.66m (down 24% from FY 2022). Profit margin: 11% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. Board Change • Aug 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-executive Director Linda Barr was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Aug 10
New minor risk - Financial data availability The 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 154% Paying a dividend despite having no free cash flows. Earnings have declined by 18% 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 (2.1% increase in shares outstanding). Market cap is less than US$100m (AU$94.0m market cap, or US$61.6m). Aankondiging • Jun 30
Advance ZincTek Announces Launch of EcoZinc Advance ZincTek announced the launch of EcoZinc, the solar-powered, non-nano zinc oxide powder for SPF-rated cosmetics and sunscreens. EcoZinc not only minimizes environmental impact, but also achieves a dramatic reduction in carbon emissions-saving over 1011g of CO2 per kilowatt of energy used compared to traditional zinc oxide production. Engineered via Advance ZincTek's ZinClear XP architecture, it ensures unmatched sustainability & uniform particle distribution in five BET ranges. Offering 23.08% more absorbance at a wavelength of 290nm than some competitors, EcoZinc merges top-tier skin protection and sustainability. EcoZinc's eco-friendly zinc oxide provides an integral solution for reef-safe cosmetics that meet the stringent regulations of regions such as Hawaii, Mexico, and Thailand. Through EcoZinc, companies can eliminate harmful synthetic chemicals from their products, significantly minimizing the impact on marine life. Advance ZincTek's recent announcement on June 21, 2023, revealed a significant Australian sunscreen manufacturer's commitment to transition to EcoZinc for all their products, indicating a marked shift in industry preference towards safer, sustainable sunscreen ingredients. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to AU$1.59, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 23x in the Chemicals industry in Australia. Total loss to shareholders of 62% over the past three years. Recent Insider Transactions • May 09
Non-Executive Chairman recently bought AU$362k worth of stock On the 5th of May, Lev Mizikovsky bought around 181k shares on-market at roughly AU$2.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Lev has been a buyer over the last 12 months, purchasing a net total of AU$985k worth in shares. Board Change • Apr 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-executive Director Linda Barr was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 23
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-executive Director Linda Barr was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$2.59, the stock trades at a trailing P/E ratio of 66.1x. Average trailing P/E is 27x in the Chemicals industry in Australia. Total loss to shareholders of 55% over the past three years. Reported Earnings • Feb 07
First half 2023 earnings released: EPS: AU$0.021 (vs AU$0.018 in 1H 2022) First half 2023 results: EPS: AU$0.021 (up from AU$0.018 in 1H 2022). Revenue: AU$7.40m (up 24% from 1H 2022). Net income: AU$1.27m (up 19% from 1H 2022). Profit margin: 17% (in line with 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Board Change • Feb 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-executive Director Linda Barr was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-executive Director Linda Barr was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-executive Director Linda Barr was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 23
Non-Executive Chairman recently bought AU$225k worth of stock On the 18th of November, Lev Mizikovsky bought around 100k shares on-market at roughly AU$2.25 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Lev has been a buyer over the last 12 months, purchasing a net total of AU$1.0m worth in shares. Board Change • Nov 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Laurie Lefcourt was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Laurie Lefcourt was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 14
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.018 (up from AU$0.004 in 1H 2021). Revenue: AU$5.94m (up 36% from 1H 2021). Net income: AU$1.07m (up 375% from 1H 2021). Profit margin: 18% (up from 5.1% in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Board Change • Feb 10
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Laurie Lefcourt was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 10
Non-Executive Chairman recently bought AU$442k worth of stock On the 8th of November, Lev Mizikovsky bought around 125k shares on-market at roughly AU$3.54 per share. This was the largest purchase by an insider in the last 3 months. Lev has been a buyer over the last 12 months, purchasing a net total of AU$1.0m worth in shares. Board Change • Nov 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Laurie Lefcourt was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 22
Full year 2021 earnings released: EPS AU$0.001 (vs AU$0.09 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: AU$15.0m (down 23% from FY 2020). Net income: AU$12.4m (up 133% from FY 2020). Profit margin: 83% (up from 27% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings. Board Change • Aug 11
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Laurie Lefcourt was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jun 26
Non-Executive Chairman recently bought AU$72k worth of stock On the 23rd of June, Lev Mizikovsky bought around 20k shares on-market at roughly AU$3.60 per share. This was the largest purchase by an insider in the last 3 months. Lev has been a buyer over the last 12 months, purchasing a net total of AU$382k worth in shares. Reported Earnings • Feb 17
First half 2021 earnings released: EPS AU$0.004 (vs AU$0.057 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: AU$4.38m (down 62% from 1H 2020). Net income: AU$225.0k (down 93% from 1H 2020). Profit margin: 5.1% (down from 29% in 1H 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth.