Aankondiging • Jan 22
IVE Group Limited to Report First Half, 2026 Results on Feb 25, 2026 IVE Group Limited announced that they will report first half, 2026 results on Feb 25, 2026 Board Change • Dec 24
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. MD, CEO & Director Matt Aitken was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Sep 11
IVE Group Limited, Annual General Meeting, Nov 25, 2025 IVE Group Limited, Annual General Meeting, Nov 25, 2025. Declared Dividend • Aug 28
Final dividend of AU$0.085 announced Dividend of AU$0.085 is the same as last year. Ex-date: 9th September 2025 Payment date: 16th October 2025 Dividend yield will be 6.5%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Aug 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. MD & CEO Matt Aitken was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jul 15
IVE Group Limited to Report Fiscal Year 2025 Results on Aug 26, 2025 IVE Group Limited announced that they will report fiscal year 2025 results on Aug 26, 2025 Recent Insider Transactions • Sep 10
Independent Non-Executive Chairman recently bought AU$54k worth of stock On the 5th of September, James Scott Todd bought around 25k shares on-market at roughly AU$2.16 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was James Scott's only on-market trade for the last 12 months. Aankondiging • Sep 06
IVE Group Limited, Annual General Meeting, Nov 19, 2024 IVE Group Limited, Annual General Meeting, Nov 19, 2024. Reported Earnings • Aug 26
Full year 2024 earnings released: EPS: AU$0.18 (vs AU$0.11 in FY 2023) Full year 2024 results: EPS: AU$0.18 (up from AU$0.11 in FY 2023). Revenue: AU$972.8m (flat on FY 2023). Net income: AU$27.6m (up 61% from FY 2023). Profit margin: 2.8% (up from 1.8% in FY 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Media industry in Australia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Aankondiging • May 31
IVE Group Limited Announces Management Changes, Effective 1 June 2024 IVE Group Limited announced that following the recent passing of companies Executive Chairman, Geoff Selig, the Company announced that non-executive director, James Todd, has been appointed as Chair of the IVE Board. James is an experienced company director, corporate adviser and investor and has worked with IVE Group since prior to the Company's initial public offering in December 2015. He brings extensive knowledge of the Group to the role. James commenced his career in investment banking and has taken active roles in a range of private and public companies. He was until recently Managing Director of Wolseley PrivateEquity, an independent private equity firm he co-founded in 1999. James is also a Non-Executive Director of two other ASX listed companies, Coventry Group Limited and Bapcor Limited. At the same time, the Group's Chief Executive Officer, Matt Aitken, will join the Board as Managing Director. Founding family member, Paul Selig, has reaffirmed his ongoing commitment to the Group andwill remain an Executive Director for the foreseeable future. Changes to the Board are effective 1 June 2024. Aankondiging • May 06
IVE Group Limited Announces Management Changes IVE Group Limited's Executive Chairman, Geoff Selig has passed away whilst on holiday in Europe. Geoff's death was caused by unforeseen complications arising from an accident in Barcelona. The board, management, and the whole IVE family expresses its deepest condolences to Geoff's family following this tragic event. Geoff played a major role, over 40 years, in establishing IVE as Australia's leading marketing and communications business, in the process, reshaping the landscape of the Australian printing industry. Gavin Bell, the Company's lead independent director, has been appointed as Interim Chair of the IVE Board. Upcoming Dividend • Mar 06
Upcoming dividend of AU$0.095 per share Eligible shareholders must have bought the stock before 13 March 2024. Payment date: 12 April 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.0%. Within top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (5.0%). Declared Dividend • Feb 28
First half dividend of AU$0.095 announced Shareholders will receive a dividend of AU$0.095. Ex-date: 13th March 2024 Payment date: 12th April 2024 Dividend yield will be 8.3%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is not covered by earnings (184% earnings payout ratio) nor is it covered by cash flows (105% cash payout ratio). The dividend has increased by an average of 9.7% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 105% to bring the payout ratio under control. EPS is expected to grow by 183% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Feb 27
First half 2024 earnings released: EPS: AU$0.085 (vs AU$0.10 in 1H 2023) First half 2024 results: EPS: AU$0.085 (down from AU$0.10 in 1H 2023). Revenue: AU$507.6m (flat on 1H 2023). Net income: AU$13.0m (down 15% from 1H 2023). Profit margin: 2.6% (down from 3.0% in 1H 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Media industry in Australia. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year. Aankondiging • Jan 08
IVE Group Limited to Report First Half, 2024 Results on Feb 26, 2024 IVE Group Limited announced that they will report first half, 2024 results on Feb 26, 2024 Board Change • Jan 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Andrew Peter Bird was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Dec 08
Executive Chairman recently sold AU$776k worth of stock On the 1st of December, Geoff Selig sold around 392k shares on-market at roughly AU$1.98 per share. This transaction amounted to 10% 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 Geoff's only on-market trade for the last 12 months. Recent Insider Transactions • Dec 01
Independent Non-Executive Director recently bought AU$83k worth of stock On the 27th of November, Andrew Peter Bird bought around 44k shares on-market at roughly AU$1.91 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$797k more in shares than they have sold in the last 12 months. New Risk • Nov 28
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: AU$9.6m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 157% Cash payout ratio: 234% Minor Risks Profit margins are more than 30% lower than last year (1.8% net profit margin). Significant insider selling over the past 3 months (AU$9.6m sold). Aankondiging • Nov 02
IVE Group Limited (ASX:IGL) completed the acquisition of JacPak Pty Ltd IVE Group Limited (ASX:IGL) entered into binding agreement to acquire JacPak Pty Ltd for AUD 35 million on October 25, 2023. The total purchase consideration for JacPak is AUD 35 million, AUD 27.9 million payable on completion, AUD 4 million payable as deferred consideration subject to the achievement of performance hurdles over a 12 month period, and the assumption of AUD 3.1 million of equipment finance leases. The deal value represents a multiple of 5.8 x FY23 EBITDA. The purchase consideration payable at completion will be funded via the IVE's recently established acquisition facility. JacPak reported revenue of AUD 45 million for FY23. JacPak will continue to operate as a standalone business from an operational perspective, with the combined teams working closely. Ashley Tomlin, current owner of JacPak, will remain with the business post completion. The agreement is subject to the satisfaction of customary conditions and is scheduled to complete on October 31, 2023. Following the realization of synergies, the business is expected to deliver EBITDA of around AUD 8.4 million and NPAT of around AUD 3 million, giving rise to EPS accretion of approximately 7% (relative to the mid-point of the IVE's FY24 NPAT guidance). Post the realization of synergies, this represents a 4.2 x multiple on the purchase consideration of AUD 35 million.
IVE Group Limited (ASX:IGL) completed the acquisition of JacPak Pty Ltd on November 1, 2023. Aankondiging • Oct 26
IVE Group Limited (ASX:IGL) entered into binding agreement to acquire JacPak Pty Ltd for AUD 35 million. IVE Group Limited (ASX:IGL) entered into binding agreement to acquire JacPak Pty Ltd for AUD 35 million on October 25, 2023. The total purchase consideration for JacPak is AUD 35 million, AUD 27.9 million payable on completion, AUD 4 million payable as deferred consideration subject to the achievement of performance hurdles over a 12 month period, and the assumption of AUD 3.1 million of equipment finance leases. The deal value represents a multiple of 5.8 x FY23 EBITDA. The purchase consideration payable at completion will be funded via the IVE's recently established acquisition facility. JacPak reported revenue of AUD 45 million for FY23. JacPak will continue to operate as a standalone business from an operational perspective, with the combined teams working closely. Ashley Tomlin, current owner of JacPak, will remain with the business post completion. The agreement is subject to the satisfaction of customary conditions and is scheduled to complete on October 31, 2023. Following the realization of synergies, the business is expected to deliver EBITDA of around AUD 8.4 million and NPAT of around AUD 3 million, giving rise to EPS accretion of approximately 7% (relative to the mid-point of the IVE's FY24 NPAT guidance). Post the realization of synergies, this represents a 4.2 x multiple on the purchase consideration of AUD 35 million. Aankondiging • Sep 12
IVE Group Limited, Annual General Meeting, Nov 20, 2023 IVE Group Limited, Annual General Meeting, Nov 20, 2023. Upcoming Dividend • Sep 06
Upcoming dividend of AU$0.085 per share at 8.7% yield Eligible shareholders must have bought the stock before 13 September 2023. Payment date: 12 October 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.7%. Within top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (5.4%). Aankondiging • Aug 24
IVE Group Limited Announces Ordinary Fully Paid Distribution for Six Months Ended June 30, 2023, Payable on October 12, 2023 IVE Group Limited announced ordinary fully paid a distribution of AUD 0.08500000 related to a six months ended June 30, 2023. Ex Date is September 13, 2023. Record Date is September 14, 2023. Payment Date is October 12, 2023. Reported Earnings • Aug 24
Full year 2023 earnings released: EPS: AU$0.11 (vs AU$0.19 in FY 2022) Full year 2023 results: EPS: AU$0.11 (down from AU$0.19 in FY 2022). Revenue: AU$970.2m (up 28% from FY 2022). Net income: AU$17.1m (down 36% from FY 2022). Profit margin: 1.8% (down from 3.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Media industry in Australia. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 27
IVE Group Limited to Report Fiscal Year 2023 Results on Aug 24, 2023 IVE Group Limited announced that they will report fiscal year 2023 results on Aug 24, 2023 Upcoming Dividend • Mar 07
Upcoming dividend of AU$0.095 per share at 6.0% yield Eligible shareholders must have bought the stock before 14 March 2023. Payment date: 13 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.0%. Lower than top quartile of Australian dividend payers (7.0%). In line with average of industry peers (6.6%). Reported Earnings • Feb 24
First half 2023 earnings released: EPS: AU$0.10 (vs AU$0.13 in 1H 2022) First half 2023 results: EPS: AU$0.10 (down from AU$0.13 in 1H 2022). Revenue: AU$504.2m (up 32% from 1H 2022). Net income: AU$15.3m (down 16% from 1H 2022). Profit margin: 3.0% (down from 4.8% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Media industry in Australia. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 16
IVE Group Limited to Report First Half, 2023 Results on Feb 23, 2023 IVE Group Limited announced that they will report first half, 2023 results on Feb 23, 2023 Upcoming Dividend • Sep 06
Upcoming dividend of AU$0.08 per share Eligible shareholders must have bought the stock before 13 September 2022. Payment date: 13 October 2022. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 7.4%. Within top quartile of Australian dividend payers (6.5%). Higher than average of industry peers (5.9%). Reported Earnings • Aug 26
Full year 2022 earnings released: EPS: AU$0.19 (vs AU$0.17 in FY 2021) Full year 2022 results: EPS: AU$0.19 (up from AU$0.17 in FY 2021). Revenue: AU$759.0m (up 16% from FY 2021). Net income: AU$26.9m (up 9.1% from FY 2021). Profit margin: 3.5% (down from 3.8% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.4%, compared to a 5.4% growth forecast for the Media industry in Australia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 17% share price gain to AU$2.07, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Media industry in Australia. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 22% share price gain to AU$1.74, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Media industry in Australia. Total returns to shareholders of 2.2% over the past three years. Recent Insider Transactions • Jun 11
Insider recently bought AU$2.2m worth of stock On the 6th of June, Ryan Young bought around 1m shares on-market at roughly AU$2.07 per share. In the last 3 months, there was an even bigger purchase from another insider worth AU$4.5m. Insiders have collectively bought AU$4.6m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 29
Insider recently bought AU$4.5m worth of stock On the 27th of May, Anthony Young bought around 2m shares on-market at roughly AU$2.08 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$2.4m more in shares than they have sold in the last 12 months. Upcoming Dividend • Mar 08
Upcoming dividend of AU$0.085 per share Eligible shareholders must have bought the stock before 15 March 2022. Payment date: 14 April 2022. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 8.3%. Within top quartile of Australian dividend payers (5.8%). Higher than average of industry peers (4.6%). Reported Earnings • Feb 28
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: EPS: AU$0.13 (vs AU$0.13 in 1H 2021). Revenue: AU$382.6m (up 12% from 1H 2021). Net income: AU$18.2m (down 3.5% from 1H 2021). Profit margin: 4.8% (down from 5.5% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.2%. Over the next year, revenue is forecast to grow 7.3%, compared to a 13% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 07
Upcoming dividend of AU$0.07 per share Eligible shareholders must have bought the stock before 14 September 2021. Payment date: 14 October 2021. Trailing yield: 8.1%. Within top quartile of Australian dividend payers (5.1%). Higher than average of industry peers (2.9%). Reported Earnings • Aug 26
Full year 2021 earnings released: EPS AU$0.17 (vs AU$0.12 loss 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$656.5m (down 5.1% from FY 2020). Net income: AU$24.7m (up AU$43.1m from FY 2020). Profit margin: 3.8% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 02
First half 2021 earnings released: EPS AU$0.13 (vs AU$0.078 in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: AU$340.8m (down 3.2% from 1H 2020). Net income: AU$18.9m (up 63% from 1H 2020). Profit margin: 5.5% (up from 3.3% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 26
New 90-day high: AU$1.47 The company is up 13% from its price of AU$1.30 on 27 November 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Media industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$2.19 per share. Is New 90 Day High Low • Dec 29
New 90-day high: AU$1.42 The company is up 93% from its price of AU$0.73 on 01 October 2020. The Australian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 41% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$2.24 per share. Is New 90 Day High Low • Nov 13
New 90-day high: AU$0.99 The company is up 71% from its price of AU$0.58 on 14 August 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 49% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$1.77 per share. Aankondiging • Oct 30
IVE Group Limited Announces Resignation of Carole Campbell from the Board IVE Group Limited announced that Carole Campbell will be resigning from the Board of IVE at the conclusion of the 2020 Annual General Meeting on 24 November 2020. Carole has been a Non-Executive Director and Chair of IVE's Audit, Risk and Compliance Committee since November 2018. Carole has been reviewing her board commitments and following her appointment as a Non-Executive Director of Southern Cross Media Limited has decided to reduce her board responsibilities. Aankondiging • Oct 16
Merchant Place Pty Ltd entered into a binding agreement to acquire Pareto Phone Pty Ltd from IVE Group Limited (ASX:IGL) for AUD 16.5 million. Merchant Place Pty Ltd entered into a binding agreement to acquire Pareto Phone Pty Ltd from IVE Group Limited (ASX:IGL) for AUD 16.5 million on October 15, 2020. The consideration is payable in cash on completion and it represents a 5 times multiple of FY20 EBITDA. Post completion, the business will revert back to the Pareto Phone brand and will continue operating as a standalone business with 150 staff based in Fortitude Valley. Pareto Phone has annual revenues of circa AUD 14 million. The transaction is subject to customary conditions. This announcement has been approved by the IVE Group Board. And the completion is due to take place on October 30, 2020. The proceeds of the sale will be used to further strengthen IVE’s balance sheet.