FFT Stock Overview
Future First Technologies Ltd engages in building of digital platforms in Australia.
Future First Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.031|
|52 Week High||AU$0.051|
|52 Week Low||AU$0.023|
|1 Month Change||3.33%|
|3 Month Change||-6.06%|
|1 Year Change||-40.39%|
|3 Year Change||-47.46%|
|5 Year Change||-90.31%|
|Change since IPO||-96.52%|
Recent News & Updates
|FFT||AU Professional Services||AU Market|
Return vs Industry: FFT underperformed the Australian Professional Services industry which returned -16.7% over the past year.
Return vs Market: FFT underperformed the Australian Market which returned -10.8% over the past year.
|FFT Average Weekly Movement||14.6%|
|Professional Services Industry Average Movement||6.1%|
|Market Average Movement||9.4%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: FFT is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: FFT's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Future First Technologies Ltd engages in building of digital platforms in Australia. The company offers Asset Vision platform, a cloud-based digital platform, provides a real-time view of how assets are being inspected, maintained, and managed, as well as picture of compliance and contractual obligations; and FARMBUY, a real estate portal for searching rural properties. The company was formerly known as PS&C Limited and changed its name to Future First Technologies Ltd in October 2020.
Future First Technologies Fundamentals Summary
|FFT fundamental statistics|
Is FFT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FFT income statement (TTM)|
|Cost of Revenue||AU$3.36m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.018|
|Net Profit Margin||-387.54%|
How did FFT perform over the long term?See historical performance and comparison
Is FFT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FFT?
Other financial metrics that can be useful for relative valuation.
|What is FFT's n/a Ratio?|
Price to Sales Ratio vs Peers
How does FFT's PS Ratio compare to its peers?
|FFT PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
OXT Orexplore Technologies
FFT Future First Technologies
Price-To-Sales vs Peers: FFT is good value based on its Price-To-Sales Ratio (6.8x) compared to the peer average (11.3x).
Price to Earnings Ratio vs Industry
How does FFT's PE Ratio compare vs other companies in the AU Professional Services Industry?
Price-To-Sales vs Industry: FFT is expensive based on its Price-To-Sales Ratio (6.8x) compared to the Australian Professional Services industry average (1.7x)
Price to Sales Ratio vs Fair Ratio
What is FFT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||6.8x|
|Fair PS Ratio||n/a|
Price-To-Sales vs Fair Ratio: Insufficient data to calculate FFT's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of FFT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate FFT's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate FFT's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Future First Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Future First Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Take a look at our analysis of FFT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Future First Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Future First Technologies performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FFT is currently unprofitable.
Growing Profit Margin: FFT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FFT is unprofitable, but has reduced losses over the past 5 years at a rate of 5.6% per year.
Accelerating Growth: Unable to compare FFT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FFT is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (12.3%).
Return on Equity
High ROE: FFT has a negative Return on Equity (-89.02%), as it is currently unprofitable.
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How is Future First Technologies's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: FFT's short term assets (A$4.5M) do not cover its short term liabilities (A$4.6M).
Long Term Liabilities: FFT's short term assets (A$4.5M) exceed its long term liabilities (A$2.2M).
Debt to Equity History and Analysis
Debt Level: FFT is debt free.
Reducing Debt: FFT has no debt compared to 5 years ago when its debt to equity ratio was 24%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FFT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FFT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.1% each year
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What is Future First Technologies's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Future First Technologies Dividend Yield vs Market|
|Company (Future First Technologies)||0%|
|Market Bottom 25% (AU)||2.8%|
|Market Top 25% (AU)||7.2%|
|Industry Average (Professional Services)||4.2%|
|Analyst forecast in 3 Years (Future First Technologies)||n/a|
Notable Dividend: Unable to evaluate FFT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FFT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FFT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FFT's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: FFT is not paying a notable dividend for the Australian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as FFT has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Adrian Terence Rudman serves as Chief Executive Officer and Executive Director at Future First Technologies Ltd since May 2, 2022. He serves as Global Vice President of Keystone Solutions at Objective...
Experienced Management: FFT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: FFT's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|16 Jun 22||BuyAU$520,924||Naos Asset Management Limited||Company||14,952,135||AU$0.035|
|17 Mar 22||BuyAU$1,005||Moelis Australia Asset Management Ltd||Company||30,000||AU$0.033|
|10 Jan 22||BuyAU$246,289||Moelis Australia Asset Management Ltd||Company||8,209,705||AU$0.03|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 57.4%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Future First Technologies Ltd's employee growth, exchange listings and data sources
- Name: Future First Technologies Ltd
- Ticker: FFT
- Exchange: ASX
- Founded: 2013
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Implied Market Cap: AU$20.777m
- Shares outstanding: 670.22m
- Website: https://futurefirsttech.io
- Future First Technologies Ltd
- 410 Collins Street
- Level 11
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FFT||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2013|
|FFT||CHIA (Chi-X Australia)||NPV||AU||AUD||Dec 2020|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/01 00:00|
|End of Day Share Price||2022/09/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.