New Risk • Apr 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$1.6m net loss next year). Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$19.9m market cap, or US$14.2m). New Risk • Jan 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% 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 (22% average weekly change). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$1.0m net loss in 2 years). Market cap is less than US$100m (AU$22.0m market cap, or US$15.2m). New Risk • Jan 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (22% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$1.0m net loss in 2 years). Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (AU$23.4m market cap, or US$15.6m). Aankondiging • Dec 24
EPX Limited has completed a Follow-on Equity Offering in the amount of AUD 2.143 million. EPX Limited has completed a Follow-on Equity Offering in the amount of AUD 2.143 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,572,000
Price\Range: AUD 0.25
Discount Per Security: AUD 0.02
Transaction Features: Subsequent Direct Listing Aankondiging • Dec 09
EPX Limited (ASX:EPX) proposed to acquire Wattwatchers Pty Ltd. EPX Limited (ASX:EPX) proposed to acquire Wattwatchers Pty Ltd on December 9, 2025. A cash consideration will be paid by EPX Limited. The EPX DOCA proposal contains a cash and ordinary shares consideration, with customary Conditions Precedent for an offer of this nature and involves the acquisition of Wattwatchers by EPX. The EPX DOCA proposal specifies the extent to which assets, staff, IP, technology and sales contracts will be retained within Wattwatchers if creditors approve the DOCA proposal.
This transaction is not certain and is subject to the consideration of WattWatchers’ creditors. Once the outcome of the upcoming creditors meeting is known, EPX will update shareholders. New Risk • Dec 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$2.03m (US$1.33m) 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 Risk Market cap is less than US$10m (AU$2.03m market cap, or US$1.33m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Aankondiging • Sep 29
EPX Limited, Annual General Meeting, Nov 27, 2025 EPX Limited, Annual General Meeting, Nov 27, 2025. Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.009 loss per share (vs AU$0.01 loss in FY 2024) Full year 2025 results: AU$0.009 loss per share. Revenue: AU$15.7m (up 21% from FY 2024). Net loss: AU$5.75m (loss widened 19% from FY 2024). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Software industry in Australia. New Risk • Aug 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (22% average weekly change). Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (AU$21.0m market cap, or US$13.5m). Aankondiging • Aug 21
EPX Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million. EPX Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 90,909,091
Price\Range: AUD 0.022
Transaction Features: Subsequent Direct Listing Aankondiging • Aug 15
EPX Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million. EPX Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 90,909,091
Price\Range: AUD 0.022
Transaction Features: Subsequent Direct Listing New Risk • May 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$13.8m (US$8.87m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$1.6m free cash flow). Market cap is less than US$10m (AU$13.8m market cap, or US$8.87m). Aankondiging • Feb 28
EP&T Global Limited to Report First Half, 2025 Results on Mar 06, 2025 EP&T Global Limited announced that they will report first half, 2025 results on Mar 06, 2025 Reported Earnings • Feb 24
First half 2025 earnings released: AU$0.003 loss per share (vs AU$0.004 loss in 1H 2024) First half 2025 results: AU$0.003 loss per share (improved from AU$0.004 loss in 1H 2024). Revenue: AU$7.54m (up 16% from 1H 2024). Net loss: AU$1.68m (loss narrowed 9.0% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. New Risk • Feb 22
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$1.5m 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$1.5m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (AU$21.7m market cap, or US$13.8m). New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 36% 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 (18% average weekly change). Earnings have declined by 1.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Market cap is less than US$10m (AU$13.3m market cap, or US$8.29m). Aankondiging • Oct 28
EP&T Global Limited, Annual General Meeting, Nov 28, 2024 EP&T Global Limited, Annual General Meeting, Nov 28, 2024. Location: ep&t offices, suite 1102, floor 11, 213 miller street, north sydney, nsw 2060, Australia Aankondiging • Oct 15
EP&T Global Limited (ASX:EPX) completed the acquisition of Technology and business assets of Coda. EP&T Global Limited (ASX:EPX) entered into a binding agreement to acquire Technology and business assets of Coda for £0.12 million on October 2, 2024. The Upfront Consideration is £0.12 million comprising: (a) 50% in cash £0.06 million ; and (b) 50% in shares £0.06 million with shares (c) Total shares to be issued will be 3,565,062 shares. For the period ending December 31, 2023, CODA Cloud Limited reported total revenue of £1.1 million. In addition to the upfront consideration there are two contingent performance based payments as follows: (1) £0.3 million will be payable 50% cash £0.15 million and 50% shares £0.15 million if recurring revenues 12 months from completion reach in-excess £0.5 million from one specific customer. If achieved, this would take the consideration multiple to 0.84 times recurring revenue and (2) Two performance based payments as follows: 10% of calendar year 2026 recurring revenue between the period Jan 1 to 31 Dec 2026, derived from the acquired customer pipeline; and 10% of calendar year 2027 recurring revenue between the period Jan 1 to 31 Dec 2027, derived from the acquired customer pipeline.
EP&T Global Limited (ASX:EPX) completed the acquisition of Technology and business assets of Coda on October 15, 2024. Aankondiging • Oct 02
EP&T Global Limited (ASX:EPX) entered into a binding agreement to acquire CODA Cloud Limited. EP&T Global Limited (ASX:EPX) entered into a binding agreement to acquire CODA Cloud Limited on October 2, 2024. The Upfront Consideration is £120,000 comprising: (a) 50% in cash £0.06 million ; and (b) 50% in shares £0.06 million with shares to be issued at a price of $0.033/share, a 43% premium to the current EP&T share price (30 September 2024 $0.023) (c) Total shares to be issued will be 3,565,062 shares. For the period ending December 31, 2023, CODA Cloud Limited reported total revenue of £1.1 million. In addition to the upfront consideration there are two contingent performance based payments as follows: 1. £300,000 will be payable (50% cash/50% shares) if recurring revenues 12 months from completion reach in-excess £500,000 from one specific customer . If achieved, this would take the consideration multiple to 0.84 times recurring revenue (being the Upfront Consideration plus this one off payment); and 2. Two performance based payments as follows: o 10% of calendar year 2026 recurring revenue between the period Jan 1 to 31 Dec 2026, derived from the acquired customer pipeline; and o 10% of calendar year 2027 recurring revenue between the period Jan 1 to 31 Dec 2027, derived from the acquired customer pipeline. Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.01 loss per share (vs AU$0.019 loss in FY 2023) Full year 2024 results: AU$0.01 loss per share (improved from AU$0.019 loss in FY 2023). Revenue: AU$13.2m (up 24% from FY 2023). Net loss: AU$4.84m (loss narrowed 28% from FY 2023). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. New Risk • Aug 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 7.3% per year over the past 5 years. Market cap is less than US$10m (AU$15.1m market cap, or US$9.80m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (35% increase in shares outstanding). New Risk • Feb 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor 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 Shares are highly illiquid. Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (AU$11.0m market cap, or US$7.14m). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding). Aankondiging • Feb 01
EP&T Global Limited has filed a Follow-on Equity Offering in the amount of AUD 2.29887 million. EP&T Global Limited has filed a Follow-on Equity Offering in the amount of AUD 2.29887 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 74,943,481
Price\Range: AUD 0.02
Discount Per Security: AUD 0.001
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.001
Transaction Features: Rights Offering; Subsequent Direct Listing Aankondiging • Jan 23
EP&T Global Limited Appoints Paul Oneile as Independent Non-Executive Director, Effective 1 February 2024 EP&T Global Limited announced the appointment of Mr. Paul Oneile as an independent non-executive director effective 1 February 2024. Paul is a highly experienced company director, who has held the positions of Chairman (Executive and Non-executive), Director, Managing Director and Chief Executive Officer of companies across a variety of industries, including roles within ASX-listed companies. Paul's previous experience includes being the non-executive Deputy Chair of Thorn Group Limited, the non-executive Chair of Invigor Group Limited, non-executive Chair of A2B Australia Limited (formerly Cabcharge Australia Limited) and non-executive Chair of Intecq Limited (formerly eBet Limited) from 2012 until its acquisition by Tabcorp Holdings Limited in 2016. From 2003 to 2008, Paul was CEO of Aristocrat Leisure Limited, where he oversaw significant business and cultural change which included, streamlining the supply chain operation and successfully oversaw the growth of the company's international operations. Reported Earnings • Aug 29
Full year 2023 earnings released: AU$0.019 loss per share (vs AU$0.039 loss in FY 2022) Full year 2023 results: AU$0.019 loss per share (improved from AU$0.039 loss in FY 2022). Revenue: AU$10.9m (up 53% from FY 2022). Net loss: AU$6.75m (loss narrowed 20% from FY 2022). Aankondiging • Aug 28
EP&T Global Limited, Annual General Meeting, Nov 29, 2023 EP&T Global Limited, Annual General Meeting, Nov 29, 2023. Aankondiging • May 10
EP&T Global Limited Announces Resignation of Stephe Wilks as Non- Executive Director EP&T Global Limited advises that Stephe Wilks has resigned as a Non- Executive Director, effective immediately. Reported Earnings • Mar 03
First half 2023 earnings released: AU$0.007 loss per share (vs AU$0.019 loss in 1H 2022) First half 2023 results: AU$0.007 loss per share (improved from AU$0.019 loss in 1H 2022). Revenue: AU$5.32m (up 49% from 1H 2022). Net loss: AU$1.89m (loss narrowed 49% from 1H 2022). Aankondiging • Feb 08
EP&T Global Limited has completed a Follow-on Equity Offering in the amount of AUD 5.127342 million. EP&T Global Limited has completed a Follow-on Equity Offering in the amount of AUD 5.127342 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,234,798
Price\Range: AUD 0.025
Discount Per Security: AUD 0.00125
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 125,558,869
Price\Range: AUD 0.025
Discount Per Security: AUD 0.00125
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,000,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.00125
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 19,000,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.00125
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,300,000
Price\Range: AUD 0.025
Transaction Features: Rights Offering; Subsequent Direct Listing Board Change • Jan 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director John Balassis is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Interim CEO & Executive Director John Balassis is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 31
EP&T Global Limited, Annual General Meeting, Nov 30, 2022 EP&T Global Limited, Annual General Meeting, Nov 30, 2022, at 16:00 AUS Eastern Standard Time. Location: Hamilton Locke Level 42 Australia Square, 264 George Street Sydney New South Wales Australia Agenda: To receive and consider the Financial Report of the Company and its controlled entities and the related Directors' and Auditor's Reports in respect of the financial year ended 30 June 2022; to consider Adoption of Remuneration Report; to consider Re-election of Mr Victor Van Bommel as Director; to consider Approval To Amend the Company's Constitution; and to consider Approval of the grant of securities under the Employee Incentive Plan. Reported Earnings • Aug 31
Full year 2022 earnings released: AU$0.039 loss per share (vs AU$0.34 loss in FY 2021) Full year 2022 results: AU$0.039 loss per share (up from AU$0.34 loss in FY 2021). Revenue: AU$7.88m (up 30% from FY 2021). Net loss: AU$8.40m (loss narrowed 31% from FY 2021). Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director John Balassis is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 09
Founder & Executive Director recently bought AU$120k worth of stock On the 5th of April, Keith Gunaratne bought around 920k shares on-market at roughly AU$0.13 per share. This was the largest purchase by an insider in the last 3 months. Keith has been a buyer over the last 12 months, purchasing a net total of AU$2.1m worth in shares. Recent Insider Transactions • Jan 07
Founder & Executive Director recently bought AU$2.0m worth of stock On the 4th of January, Keith Gunaratne bought around 13m shares on-market at roughly AU$0.15 per share. This was the largest purchase by an insider in the last 3 months. This was Keith's only on-market trade for the last 12 months. Reported Earnings • Oct 04
Full year 2021 earnings released: AU$0.34 loss per share (vs AU$0.064 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: AU$6.08m (down 9.7% from FY 2020). Net loss: AU$12.2m (loss widened 196% from FY 2020).