Aankondiging • Oct 16
FlexiRoam Limited, Annual General Meeting, Nov 28, 2025 FlexiRoam Limited, Annual General Meeting, Nov 28, 2025. Recent Insider Transactions • Sep 12
Founder recently bought AU$86k worth of stock On the 3rd of September, Kenn Ong bought around 11m shares on-market at roughly AU$0.0079 per share. This transaction amounted to 3.7% 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 Kenn's only on-market trade for the last 12 months. Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in FY 2024) Full year 2025 results: AU$0.002 loss per share (in line with FY 2024). Revenue: AU$13.6m (down 11% from FY 2024). Net loss: AU$2.00m (loss widened 88% from FY 2024). 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 48% per year, which means it is significantly lagging earnings. Board Change • Jun 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 Nicholas Ong was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Mar 24
Price target decreased by 10% to AU$0.079 Down from AU$0.088, the current price target is provided by 1 analyst. New target price is 1,875% above last closing price of AU$0.004. Stock is down 83% over the past year. The company posted a net loss per share of AU$0.0016 last year. Board Change • Mar 24
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 Nicholas Ong was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Mar 07
Flexiroam Limited Announces Change of Company Secretary Flexiroam Limited announced that Ms Natalie Teo has been appointed as Company Secretary with effect from 7 March 2025. Ms Teo is a Chartered Secretary and has provided corporate advisory, company secretarial and financial reporting services to both ASX listed and unlisted public companies as well as private companies. She is based in Perth, Western Australia, and is a Senior Company Secretary with Source Governance, a national outsourced company secretary services provider. Ms Kamille Dietrich has stepped down from the role of Company Secretary with effect from 7 March 2025. For the purpose of ASX Listing Rule 12.6, Ms Teo will be the person responsible for communications between the Company and ASX. New Risk • Feb 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 130% 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 Shares are highly illiquid. Negative equity (-AU$81k). Shareholders have been substantially diluted in the past year (130% increase in shares outstanding). Market cap is less than US$10m (AU$9.10m market cap, or US$5.83m). Aankondiging • Jan 09
Flexiroam Limited has filed a Follow-on Equity Offering in the amount of AUD 3.928219 million. Flexiroam Limited has filed a Follow-on Equity Offering in the amount of AUD 3.928219 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 585,643,781
Price\Range: AUD 0.005
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 200,000,000
Price\Range: AUD 0.005
Transaction Features: Rights Offering Board Change • Jan 07
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. 5 non-independent directors. Non-Executive Director Nicholas Ong was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Oct 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% 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 Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-AU$81k). Market cap is less than US$10m (AU$7.10m market cap, or US$4.90m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Aankondiging • Sep 02
Flexiroam Limited, Annual General Meeting, Oct 04, 2024 Flexiroam Limited, Annual General Meeting, Oct 04, 2024. Location: at level 32, miller st, north sydney, nsw 2060, Australia New Risk • Jun 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.2m (US$9.47m) 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 (17% average weekly change). Negative equity (-AU$4.2m). Market cap is less than US$10m (AU$14.2m market cap, or US$9.47m). Minor Risk Shareholders have been diluted in the past year (13% increase in shares outstanding). Aankondiging • Apr 19
Flexiroam Limited has completed a Follow-on Equity Offering in the amount of AUD 0.998994 million. Flexiroam Limited has completed a Follow-on Equity Offering in the amount of AUD 0.998994 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 43,434,509
Price\Range: AUD 0.023
Transaction Features: Rights Offering Aankondiging • Feb 29
Flexiroam Limited to Report First Half, 2024 Results on Feb 29, 2024 Flexiroam Limited announced that they will report first half, 2024 results on Feb 29, 2024 Aankondiging • Feb 07
Flexiroam Limited has filed a Follow-on Equity Offering in the amount of AUD 1.012931 million. Flexiroam Limited has filed a Follow-on Equity Offering in the amount of AUD 1.012931 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 44,040,480
Price\Range: AUD 0.023
Transaction Features: Rights Offering Aankondiging • Feb 06
Flexiroam Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million. Flexiroam Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 43,478,261
Price\Range: AUD 0.023
Transaction Features: Subsequent Direct Listing New Risk • Nov 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 Less than 1 year of cash runway based on free cash flow trend (-AU$1.7m free cash flow). Negative equity (-AU$4.2m). Market cap is less than US$10m (AU$13.2m market cap, or US$8.74m). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (18% average weekly change). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). New Risk • Nov 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.3m (US$9.97m) 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$1.7m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-AU$4.2m). Market cap is less than US$10m (AU$15.3m market cap, or US$9.97m). Minor Risk Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Aankondiging • Sep 26
Flexiroam Limited, Annual General Meeting, Oct 31, 2023 Flexiroam Limited, Annual General Meeting, Oct 31, 2023, at 12:00 W. Australia Standard Time. New Risk • Aug 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.3m (US$9.86m) 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$1.7m free cash flow). Negative equity (-AU$4.2m). Market cap is less than US$10m (AU$15.3m market cap, or US$9.86m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). New Risk • Aug 09
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 Less than 1 year of cash runway based on free cash flow trend (-AU$1.7m free cash flow). Negative equity (-AU$4.2m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (AU$19.3m market cap, or US$12.6m). Reported Earnings • May 16
Full year 2023 earnings released: AU$0.004 loss per share (vs AU$0.008 loss in FY 2022) Full year 2023 results: AU$0.004 loss per share (improved from AU$0.008 loss in FY 2022). Revenue: AU$8.90m (up 143% from FY 2022). Net loss: AU$2.64m (loss narrowed 37% from FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
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 Steve Picton 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. Reported Earnings • Nov 10
First half 2023 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in 1H 2022) First half 2023 results: AU$0.004 loss per share (in line with 1H 2022). Revenue: AU$3.69m (up 178% from 1H 2022). Net loss: AU$2.39m (loss widened 27% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jun 01
Flexiroam Limited Announces Executive Changes Flexiroam Limited announced that Steve Picton has been appointed a Non-Executive Director of the Company. At the same time, the Board wishes to announce that Thian Choy (David) Ong will step down from his role as Non-Executive Director, also effective from 1 June 2022, to pursue other business interests. Steve is a highly experienced and seasoned executive, with over 35 years' of technology and telecommunications leadership experience, spanning sales, marketing and strategy, including 20 years as a Chief Executive Officer. Steve is currently a Director of management consultancy Richmond Bridge, where he focuses on business development and technology investments. He also sits on the Boards of Echo IQ and Cognian Technologies. Steve was the Chief Executive Officer of Super Fast Broadband business LBNCo, from June 2015 until January 2021, investing in and leading the business during a period of explosive growth and structural change. Prior to this, Steve worked as a Management Consultant at Richmond Bridge and founded the Gotalk business in Australia for 13 years through to an exit. While Chief Executive Officer of Gotalk, Steve built the larger calling card business in Australia and New Zealand, growing the business to become profitable with solid cash flow. His initial career was with British Telecom in the UK and Asia Pacific where he held senior executive roles within Sales & Marketing and also Corporate Development where he led several substantial M&A activities. Reported Earnings • May 20
Full year 2022 earnings released: AU$0.008 loss per share (vs AU$0.006 loss in FY 2021) Full year 2022 results: AU$0.008 loss per share (down from AU$0.006 loss in FY 2021). Revenue: AU$3.67m (up 46% from FY 2021). Net loss: AU$4.19m (loss widened 72% from FY 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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. CEO & Executive Director Marc Barnett was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 23
Flexiroam Limited, Annual General Meeting, Jun 20, 2022 Flexiroam Limited, Annual General Meeting, Jun 20, 2022, at 12:00 W. Australia Standard Time. Aankondiging • Mar 06
Flexiroam Limited Announces Jef Ong Transitions into the Role of Non-Executive Director Effective of April 1, 2022 Flexiroam Limited announced that founder and chief innovation officer Jef Ong will be transitioning into the role of non-executive director effective of April 1, 2022. Jef founded Flexiroam in 2011 to provide a connectivity solution for travelers needing access to seamless mobile data at competitive rates. In April 2021, Jef transitioned to the role of chief innovation officer to focus on product development, a responsibility that now sits within the growing product team, having recently added a CTO based in the UK and head of engineering based in Poland. Aankondiging • Feb 10
Flexiroam Limited announced that it expects to receive AUD 2.75 million in funding Flexiroam Limited announced a private placement of 57,291,670 fully paid ordinary common shares at an issue price of AUD 0.048 per share for gross proceeds of AUD 2,750,000.16 on February 10, 2022. The transaction includes participation from new and existing professional and sophisticated investors, with the management team’s participation contributing 40% of the funds. The transaction is expected to close on or around February 15, 2022. The transaction does not require its shareholders' approval. Reported Earnings • Nov 07
First half 2022 earnings released: AU$0.004 loss per share (vs AU$0.002 loss in 1H 2021) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2022 results: Revenue: AU$1.33m (down 3.5% from 1H 2021). Net loss: AU$1.87m (loss widened 192% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Executive Departure • Sep 07
Vice-President of Operations Ying Ong has left the company On the 1st of September, Ying Ong's tenure as Vice-President of Operations ended. As of June 2021, Ying still personally held only 609.76k shares (AU$9.1k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Aankondiging • Feb 22
Flexiroam Appoints Marc Barnett as Non-Executive Director Flexiroam Limited announced that Marc Barnett has been appointed a Non-Executive Director of the Company. Marc was most recently Chief Executive Officer of video-on-demand service iflix, until its acquisition by Tencent in June 2020, having joined as Chief Operating Officer in 2016. Marc accelerated iflix's growth to deliver 50 mil ion app downloads with 25 mil ion monthly active users, rapidly expanding the business to 32 markets spanning Asia, Middle East and Africa. Aankondiging • Jan 25
Flexiroam Limited to Report Q3, 2021 Results on Jan 29, 2021 Flexiroam Limited announced that they will report Q3, 2021 results on Jan 29, 2021 Aankondiging • Jan 22
Flexiroam Limited Launches esIM Support for Iphone Globally FLEXIROAM Limited announced that it has launched eSIM support for iPhone on its network. iPhone users can now activate an additional cellular plan on the complete iPhone 12 lineup, the new iPhone SE, all iPhone 11 models, iPhone XS, iPhone XS Max, and iPhone XR, making it easy to use two different phone numbers or separate voice and data plans on one device. Aankondiging • Dec 23
Flexiroam Limited Extends Its Partnership Agreement with Mastercard FLEXIROAM Limited announced that following the initial success of its landmark partnership with Mastercard formed in June 2020 it has signed an extension to the Master Supply Agreement that provides for minimum revenue commitments for the remainder of this financial year (FY21) and next (FY22), and the agreement continues to operate on normal commercial terms. Following the successful launch of the FLEXIROAM-Mastercard Global Data Roaming Plan in Taiwan in June, a major Vietnam based bank signed up in December and a major Hong Kong bank is set to launch the program on 1 January 2021. Mastercard has paid FLEXIROAM USD 500,000 as a commitment for data purchases, with USD 250,000 being allowed to roll over for use in the entire year of 2021. A further minimum of USD 250,000 is expected to be paid in the fourth quarter of FY21. The Company anticipates that USD 250,000 of revenue will be recognised in FY21 and a minimum of USD 500,000 will be booked in FY22. Highlights: Under the agreement, eligible Mastercard holders at participating Asian banks are rewarded with data packs paid by Mastercard, and a 15% discount on FLEXIROAM data plan purchases Program was initially launched in Taiwan, and has expanded to Vietnam and shortly to Hong Kong Mastercard have signed 5 banks to the program with a strong pipeline for further expansion across the Asia-Pacific region. Reported Earnings • Nov 28
First half 2021 earnings released: AU$0.002 loss per share The company reported a soft first half result with weaker revenues and control over expenses, though losses reduced. First half 2021 results: Revenue: AU$1.38m (down 71% from 1H 2020). Net loss: AU$641.2k (loss narrowed 32% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Aankondiging • Nov 12
Flexiroam Limited announced that it expects to receive AUD 2 million in funding Flexiroam Limited (ASX:FRX) announced that it has received firm commitments for a private placement of 86,956,522 shares at a price of AUD 0.023 per share for gross proceeds of AUD 2,000,000.006 on November 12, 2020. The transaction will include participation from sophisticated and institutional investors. The transaction is expected to close on November 17, 2020. Aankondiging • Nov 02
Flexiroam Limited Announces Re-Designation of Tat Seng Koh as Executive Director from Non-Executive Director Flexiroam Limited announced that Mr. Tat Seng Koh, a Non-Executive Director since September 2018, has been re-designated as an Executive Director, with effect from 2 November 2020. He will be Executive Director of Flexiroam Limited and its subsidiaries. Aankondiging • Aug 11
Flexiroam Limited has completed a Follow-on Equity Offering in the amount of AUD 1.017348 million. Flexiroam Limited has completed a Follow-on Equity Offering in the amount of AUD 1.017348 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 101,734,764
Price\Range: AUD 0.01
Transaction Features: Rights Offering