The GO2 People Limited provides recruitment and training services in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.033|
|52 Week High||AU$0.026|
|52 Week Low||AU$0.067|
|1 Month Change||-5.71%|
|3 Month Change||-32.65%|
|1 Year Change||-29.79%|
|3 Year Change||-63.74%|
|5 Year Change||n/a|
|Change since IPO||-82.63%|
Recent News & Updates
Is GO2 People (ASX:GO2) Using Debt Sensibly?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|GO2||AU Professional Services||AU Market|
Return vs Industry: GO2 underperformed the Australian Professional Services industry which returned 37% over the past year.
Return vs Market: GO2 underperformed the Australian Market which returned 21.1% over the past year.
Stable Share Price: GO2 is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: GO2's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
The GO2 People Limited provides recruitment and training services in Australia. Its Recruitment division offers staffing solutions for various sectors, including infrastructure, construction, mining/resources, electrical/energy, waste management, and warehousing/logistics. The company also provides training and education service to its clients, which includes accredited and non-accredited workplace training and education courses; and a suite of blue-collar employment services, including pre-employment programs, traineeships and apprenticeships, and fee-for-service recruitment and labor hire services.
GO2 People Fundamentals Summary
|GO2 fundamental statistics|
Is GO2 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GO2 income statement (TTM)|
|Cost of Revenue||AU$25.28m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0066|
|Net Profit Margin||-9.06%|
How did GO2 perform over the long term?See historical performance and comparison
Is GO2 People undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GO2's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GO2's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GO2 is unprofitable, so we can't compare its PE Ratio to the Australian Professional Services industry average.
PE vs Market: GO2 is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GO2's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GO2 is good value based on its PB Ratio (3.1x) compared to the AU Professional Services industry average (3.6x).
How is GO2 People forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 GO2 People 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.
How has GO2 People performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GO2 is currently unprofitable.
Growing Profit Margin: GO2 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GO2 is unprofitable, and losses have increased over the past 5 years at a rate of 6.4% per year.
Accelerating Growth: Unable to compare GO2's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GO2 is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (9.3%).
Return on Equity
High ROE: GO2 has a negative Return on Equity (-62.07%), as it is currently unprofitable.
How is GO2 People's financial position?
Financial Position Analysis
Short Term Liabilities: GO2's short term assets (A$15.0M) do not cover its short term liabilities (A$18.3M).
Long Term Liabilities: GO2's short term assets (A$15.0M) exceed its long term liabilities (A$7.7M).
Debt to Equity History and Analysis
Debt Level: GO2's debt to equity ratio (71.2%) is considered high.
Reducing Debt: GO2's debt to equity ratio has reduced from 507.8% to 71.2% over the past 5 years.
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: GO2 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GO2 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 22.4% each year
What is GO2 People current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GO2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GO2'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 GO2's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GO2's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GO2's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Shawn Murphy has been a Group Chief Executive Officer at The GO2 People Limited since The GO2 People Limited since October 1, 2021. He has been the CEO of Skill Hire since August 2020, and has worked i...
CEO Compensation Analysis
Compensation vs Market: Shawn's total compensation ($USD16.20K) is below average for companies of similar size in the Australian market ($USD303.55K).
Compensation vs Earnings: Insufficient data to compare Shawn's compensation with company performance.
Experienced Board: GO2'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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 175.3%.
The GO2 People Limited's employee growth, exchange listings and data sources
- Name: The GO2 People Limited
- Ticker: GO2
- Exchange: ASX
- Founded: 2011
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: AU$13.419m
- Shares outstanding: 406.64m
- Website: https://www.thego2people.com.au
- The GO2 People Limited
- 3/271 Berkshire Road
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 07:04|
|End of Day Share Price||2021/10/14 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.