Declared Dividend • Feb 21
Dividend increased to AU$0.014 Dividend of AU$0.014 is 75% higher than last year. Ex-date: 3rd March 2026 Payment date: 13th March 2026 Dividend yield will be 5.4%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 41% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.8% EPS decline seen over the last 5 years. Reported Earnings • Feb 20
First half 2026 earnings released: EPS: AU$0.024 (vs AU$0.013 in 1H 2025) First half 2026 results: EPS: AU$0.024 (up from AU$0.013 in 1H 2025). Revenue: AU$308.2m (up 16% from 1H 2025). Net income: AU$3.44m (up 88% from 1H 2025). Profit margin: 1.1% (up from 0.7% in 1H 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Announcement • Feb 20
Ashley Services Group Limited announces Annual dividend, payable on March 13, 2026 Ashley Services Group Limited announced Annual dividend of AUD 0.0140 per share payable on March 13, 2026, ex-date on March 03, 2026 and record date on March 04, 2026. New Risk • Feb 20
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 11% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (AU$38.7m market cap, or US$27.3m). Buy Or Sell Opportunity • Jan 07
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 26% to AU$0.21. The fair value is estimated to be AU$0.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 64%. Buy Or Sell Opportunity • Dec 01
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to AU$0.21. The fair value is estimated to be AU$0.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 64%. Buy Or Sell Opportunity • Nov 14
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 33% to AU$0.22. The fair value is estimated to be AU$0.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 64%. New Risk • Oct 28
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 16% 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 Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (AU$33.1m market cap, or US$21.7m). Buy Or Sell Opportunity • Oct 28
Now 37% overvalued after recent price rise Over the last 90 days, the stock has risen 28% to AU$0.23. The fair value is estimated to be AU$0.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 64%. Announcement • Sep 30
Ashley Services Group Limited, Annual General Meeting, Oct 28, 2025 Ashley Services Group Limited, Annual General Meeting, Oct 28, 2025. Location: level 10, 92 pitt st sydney nsw 2000, Australia Recent Insider Transactions • Sep 23
MD & Executive Director recently bought AU$82k worth of stock On the 17th of September, Ross Shrimpton bought around 499k shares on-market at roughly AU$0.16 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. This was Ross' only on-market trade for the last 12 months. Reported Earnings • Aug 28
Full year 2025 earnings released: EPS: AU$0.015 (vs AU$0.009 in FY 2024) Full year 2025 results: EPS: AU$0.015 (up from AU$0.009 in FY 2024). Revenue: AU$515.9m (down 7.3% from FY 2024). Net income: AU$2.17m (up 61% from FY 2024). Profit margin: 0.4% (up from 0.2% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Apr 08
Now 23% overvalued Over the last 90 days, the stock has fallen 14% to AU$0.16. The fair value is estimated to be AU$0.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has declined by 49%. Reported Earnings • Feb 25
First half 2025 earnings released: EPS: AU$0.013 (vs AU$0.007 in 1H 2024) First half 2025 results: EPS: AU$0.013 (up from AU$0.007 in 1H 2024). Revenue: AU$266.2m (down 8.5% from 1H 2024). Net income: AU$1.83m (up 86% from 1H 2024). Profit margin: 0.7% (up from 0.3% in 1H 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Declared Dividend • Feb 24
First half dividend of AU$0.008 announced Shareholders will receive a dividend of AU$0.008. Ex-date: 4th March 2025 Payment date: 14th March 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (183% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 46% to shift the payout ratio to a potentially unsustainable range, which is more than the 18% EPS decline seen over the last 5 years. New Risk • Feb 22
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). Earnings have declined by 5.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (AU$30.2m market cap, or US$19.2m). New Risk • Nov 08
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 13% 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: Minor Risks High level of debt (41% net debt to equity). Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (AU$27.4m market cap, or US$18.1m). Announcement • Oct 29
Ashley Services Group Limited, Annual General Meeting, Nov 26, 2024 Ashley Services Group Limited, Annual General Meeting, Nov 26, 2024. Location: at level 10, 92 pitt st sydney nsw 2000, Australia Reported Earnings • Aug 31
Full year 2024 earnings released: EPS: AU$0.009 (vs AU$0.075 in FY 2023) Full year 2024 results: EPS: AU$0.009 (down from AU$0.075 in FY 2023). Revenue: AU$556.9m (up 1.4% from FY 2023). Net income: AU$1.35m (down 88% from FY 2023). Profit margin: 0.2% (down from 2.0% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 30% per year. Buy Or Sell Opportunity • Aug 29
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to AU$0.20. The fair value is estimated to be AU$0.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 5.2%. Buy Or Sell Opportunity • Apr 04
Now 25% overvalued Over the last 90 days, the stock has fallen 19% to AU$0.30. The fair value is estimated to be AU$0.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 5.2%. Recent Insider Transactions • Mar 14
MD & Executive Director recently bought AU$841k worth of stock On the 13th of March, Ross Shrimpton bought around 4m shares on-market at roughly AU$0.21 per share. This transaction amounted to 4.9% 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 Ross' only on-market trade for the last 12 months. New Risk • Mar 13
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 13% 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: Minor Risks High level of debt (50% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (AU$33.8m market cap, or US$22.4m). Declared Dividend • Feb 29
First half dividend of AU$0.005 announced Shareholders will receive a dividend of AU$0.005. Ex-date: 4th March 2024 Payment date: 15th March 2024 Dividend yield will be 15%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by both earnings (84% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 2.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 29
First half 2024 earnings released: EPS: AU$0.007 (vs AU$0.04 in 1H 2023) First half 2024 results: EPS: AU$0.007 (down from AU$0.04 in 1H 2023). Revenue: AU$290.8m (up 11% from 1H 2023). Net income: AU$985.0k (down 83% from 1H 2023). Profit margin: 0.3% (down from 2.2% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Oct 05
Ashley Services Group Limited, Annual General Meeting, Nov 09, 2023 Ashley Services Group Limited, Annual General Meeting, Nov 09, 2023, at 11:01 AUS Eastern Standard Time. Location: Level 10, 92 Pitt St Sydney NSW 2000 Sydney Australia Agenda: To receive and consider the Financial Report of the Company and the consolidated entities, and the Reports of the Directors and Auditor for the financial year ended 30 June 2023; to consider the Remuneration Report; to consider Re-election of Director; and to consider other matters. Reported Earnings • Aug 31
Full year 2023 earnings released: EPS: AU$0.075 (vs AU$0.079 in FY 2022) Full year 2023 results: EPS: AU$0.075 (down from AU$0.079 in FY 2022). Revenue: AU$549.3m (up 22% from FY 2022). Net income: AU$10.8m (down 4.6% from FY 2022). Profit margin: 2.0% (down from 2.5% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. New Risk • Aug 27
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: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (AU$100.8m market cap, or US$64.6m). Upcoming Dividend • Aug 24
Upcoming dividend of AU$0.03 per share at 8.8% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 15 September 2023. Payout ratio and cash payout ratio are on the higher end at 77% and 82% respectively. Trailing yield: 8.8%. Within top quartile of Australian dividend payers (7.2%). Higher than average of industry peers (3.4%). Announcement • Jul 28
Ashley Services Group Limited Declares A Fully Franked Final Dividend, Payable on 15 September 2023 Ashley Services Group Limited declared a fully franked final dividend of 3.0 cents per share in relation to the 2023 financial year. With the interim fully franked dividend of 3.0 cents per share previously declared on 10 February 2023, this represents a full year dividend for the 2023 financial year of 6.0 cents per share, consistent with the dividend for the 2022 financial year. Ex-dividend date is 31 August 2023. Record date is 1 September 2023. Final dividend payment date is 15 September 2023. Reported Earnings • Feb 25
First half 2023 earnings released: EPS: AU$0.04 (vs AU$0.04 in 1H 2022) First half 2023 results: EPS: AU$0.04 (in line with 1H 2022). Revenue: AU$262.4m (up 19% from 1H 2022). Net income: AU$5.75m (flat on 1H 2022). Profit margin: 2.2% (down from 2.6% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 23
Upcoming dividend of AU$0.03 per share at 7.4% yield Eligible shareholders must have bought the stock before 02 March 2023. Payment date: 17 March 2023. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 7.4%. Within top quartile of Australian dividend payers (6.9%). Higher than average of industry peers (4.1%). Announcement • Feb 10
Ashley Services Group Limited Declares Fully Franked Interim Dividend for the Financial Year 2023, Payable on 17 March 2023 Ashley Services Group Limited announced to the market that the Board has declared a fully franked interim dividend of 3.0 cents per share in relation to the 2023 financial year. Ex-dividend date for final dividend is 2 March 2023, Record date for final dividend is 3 March 2023 and Final dividend payment date is 17 March 2023. Announcement • Feb 07
Ashley Services Group Limited (ASX:ASH) completed the acquisition of Owen Pacific Workforce Pty Ltd. Ashley Services Group Limited (ASX:ASH) entered into an agreement to acquire Owen Pacific Workforce Pty Ltd for AUD 15.9 million on February 3, 2023. The acquisition price for the 100% purchase of OPW is expected to be between AUD 14.2 million and AUD 15.9 million in total, based primarily on EBITDA for the financial year ending June 30, 2023, which is expected to be between AUD 4.1 million and AUD 5.0 million. The initial purchase consideration payment of approximately AUD 7.1 million will be funded from newly extended bank facilities with Westpac. The new facilities with aggregate limits of AUD 45 million are comprised of an invoicing facility of AUD 25 million and a new acquisition facility of AUD 20 million expiring December 28, 2025, the latter replacing the previous AUD 10 million Bank Bill Business loan facility, on similar terms and conditions. Remaining conditions precedent are expected to be fulfilled shortly. The transaction is expected to complete on February 6, 2023. The acquisition is expected to be Earnings Per Share accretive in the financial year ending June 30, 2024.
Ashley Services Group Limited (ASX:ASH) completed the acquisition of Owen Pacific Workforce Pty Ltd on February 6, 2023. Announcement • Feb 03
Ashley Services Group Limited (ASX:ASH) entered into an agreement to acquire Owen Pacific Workforce Pty Ltd for AUD 15.9 million. Ashley Services Group Limited (ASX:ASH) entered into an agreement to acquire Owen Pacific Workforce Pty Ltd for AUD 15.9 million on February 3, 2023. The acquisition price for the 100% purchase of OPW is expected to be between AUD 14.2 million and AUD 15.9 million in total, based primarily on EBITDA for the financial year ending June 30, 2023, which is expected to be between AUD 4.1 million and AUD 5.0 million. The initial purchase consideration payment of approximately AUD 7.1 million will be funded from newly extended bank facilities with Westpac. The new facilities with aggregate limits of AUD 45 million are comprised of an invoicing facility of AUD 25 million and a new acquisition facility of AUD 20 million expiring December 28, 2025, the latter replacing the previous AUD 10 million Bank Bill Business loan facility, on similar terms and conditions. Remaining conditions precedent are expected to be fulfilled shortly. The transaction is expected to complete on February 6, 2023. The acquisition is expected to be Earnings Per Share accretive in the financial year ending June 30, 2024. 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. 3 non-independent directors. CFO & Executive Director Paul Brittain 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 • Sep 01
Full year 2022 earnings released: EPS: AU$0.079 (vs AU$0.064 in FY 2021) Full year 2022 results: EPS: AU$0.079 (up from AU$0.064 in FY 2021). Revenue: AU$449.8m (up 17% from FY 2021). Net income: AU$11.3m (up 24% from FY 2021). Profit margin: 2.5% (up from 2.4% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Sep 01
Ashley Services Group Limited (ASX:ASH) acquired 49% stake in Dardi Munwurro Labour and Traffic Management Pty Limited. Ashley Services Group Limited (ASX:ASH) acquired 49% stake in Dardi Munwurro Labour and Traffic Management Pty Limited in June 2022.
Ashley Services Group Limited (ASX:ASH) completed the acquisition of 49% stake in Dardi Munwurro Labour and Traffic Management Pty Limited in June 2022. Announcement • Aug 31
Ashley Services Group Limited, Annual General Meeting, Nov 03, 2022 Ashley Services Group Limited, Annual General Meeting, Nov 03, 2022, at 10:00 AUS Eastern Standard Time. Location: Level 10, 92 Pitt Street Sydney New South Wales Australia Upcoming Dividend • Aug 24
Upcoming dividend of AU$0.03 per share Eligible shareholders must have bought the stock before 31 August 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 7.5%. Within top quartile of Australian dividend payers (6.4%). Higher than average of industry peers (3.9%). Announcement • Jul 28
Ashley Services Group Limited Declares Fully Franked Final Dividend in Relation to the 2022 Financial Year, Payment Date of Friday 16 September 2022 Ashley Services Group Limited declared a fully franked final dividend of 3.0 cents per share in relation to the 2022 financial year. With the interim fully franked dividend of 3.0 cents per share previously declared on 2 February 2022, this represents a full year dividend for the 2022 financial year of 6.0 cents per share, a 43% increase on the 4.2 cents per share for the 2021 financial year. Ex-dividend date for final dividend Wednesday 31 August 2022, Record date for final dividend Thursday 1 September 2022 and Final dividend payment date of Friday 16 September 2022. Announcement • Jul 06
Ashley Services Group Limited (ASX:ASH) completed the acquisition of 75% stake in Linc Personnel Pty Ltd. Ashley Services Group Limited (ASX:ASH) entered into a agreement to acquire 75% stake in Linc Personnel Pty Ltd for AUD 3.6 million on May 30, 2022. The purchase consideration will be funded from a combination of cash reserves and a newly extended and significantly expanded bank facility with Westpac of AUD 35 million, up from AUD 16.5 million. This new facility is comprised of a AUD 25 million invoice financing facility and a AUD 10 million Bank Bill Loan facility, which is in place for the next three years following its finalization in March 2022.Founder and continuing 25% shareholder Ian Cantley will continue to be run on a day to day business. The transaction is expected to complete during Q1 FY23. The transaction is subject to completion of due diligence and Purchaser conditions precedent matters. The acquisition is anticipated to be EPS accretive in FY23.
Ashley Services Group Limited (ASX:ASH) completed the acquisition of 75% stake in Linc Personnel Pty Ltd on July 5, 2022. Announcement • Jun 24
Ashley Services Group Limited Announces Board and Executive Changes Ashley Services Group Limited announced that Mr. Chris McFadden has tendered his resignation on June 22, 2022 as a Director and Company Secretary for personal reasons. The Board has accepted his resignation and will announce a replacement in due course. In addition to the above, Ron Hollands, Company Secretary, has been appointed a Director of the Company. Date of appointment is June 22, 2022. Announcement • Jun 22
Ashley Services Group Limited Announces CFO Changes Ashley Services Group Limited announced that Mr. Chris McFadden has tendered his resignation on June 22, 2022 as CFO for personal reasons. The Board has accepted his resignation and will announce a replacement in due course. In the interim, Ross Shrimpton will assume the role of CFO. Announcement • Jun 01
Ashley Services Group Limited (ASX:ASH) entered into a agreement to acquire 75% stake in Linc Personnel Pty Ltd for AUD 3.6 million. Ashley Services Group Limited (ASX:ASH) entered into a agreement to acquire 75% stake in Linc Personnel Pty Ltd for AUD 3.6 million on May 30, 2022. The purchase consideration will be funded from a combination of cash reserves and a newly extended and significantly expanded bank facility with Westpac of AUD 35 million, up from AUD 16.5 million. This new facility is comprised of a AUD 25 million invoice financing facility and a AUD 10 million Bank Bill Loan facility, which is in place for the next three years following its finalization in March 2022.Founder and continuing 25% shareholder Ian Cantley will continue to be run on a day to day business. The transaction is expected to complete during Q1 FY23. The transaction is subject to completion of due diligence and Purchaser conditions precedent matters. The acquisition is anticipated to be EPS accretive in FY23. Board Change • Apr 27
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. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). CFO, Joint Company Secretary & Executive Director Chris McFadden was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Feb 28
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.04 (up from AU$0.026 in 1H 2021). Revenue: AU$219.8m (up 18% from 1H 2021). Net income: AU$5.80m (up 52% from 1H 2021). Profit margin: 2.6% (up from 2.0% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Feb 23
Upcoming dividend of AU$0.03 per share Eligible shareholders must have bought the stock before 02 March 2022. Payment date: 17 March 2022. Payout ratio is a comfortable 66% but the company is paying out more than the cash it is generating. Trailing yield: 7.9%. Within top quartile of Australian dividend payers (5.5%). Higher than average of industry peers (3.8%). Reported Earnings • Sep 01
Full year 2021 earnings released: EPS AU$0.064 (vs AU$0.032 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$384.0m (up 14% from FY 2020). Net income: AU$9.15m (up 96% from FY 2020). Profit margin: 2.4% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Aug 25
Upcoming dividend of AU$0.024 per share Eligible shareholders must have bought the stock before 01 September 2021. Payment date: 17 September 2021. Trailing yield: 9.6%. Within top quartile of Australian dividend payers (5.0%). Higher than average of industry peers (2.9%). Reported Earnings • Mar 02
First half 2021 earnings released: EPS AU$0.027 (vs AU$0.022 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$186.0m (up 1.4% from 1H 2020). Net income: AU$3.92m (up 24% from 1H 2020). Profit margin: 2.1% (up from 1.7% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 18
New 90-day high: AU$0.49 The company is up 30% from its price of AU$0.38 on 20 November 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 6.0% over the same period. Is New 90 Day High Low • Feb 02
New 90-day high: AU$0.47 The company is up 49% from its price of AU$0.32 on 04 November 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: AU$0.40 The company is up 16% from its price of AU$0.34 on 06 October 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 5.0% over the same period.