New Risk • Jun 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% 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 Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m (AU$1.3m revenue, or US$938k). Market cap is less than US$10m (AU$7.19m market cap, or US$5.07m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). New Risk • Mar 13
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). Revenue is less than US$1m (AU$1.3m revenue, or US$938k). Market cap is less than US$10m (AU$9.94m market cap, or US$7.01m). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). Announcement • Mar 12
Greenhy2 Limited, Annual General Meeting, Apr 30, 2026 Greenhy2 Limited, Annual General Meeting, Apr 30, 2026. Announcement • Feb 10
Greenhy2 Limited has filed a Follow-on Equity Offering in the amount of AUD 0.941491 million. Greenhy2 Limited has filed a Follow-on Equity Offering in the amount of AUD 0.941491 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 69,931,207
Price\Range: AUD 0.009
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,777,778
Price\Range: AUD 0.009
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,901,126
Price\Range: AUD 0.009
Transaction Features: Subsequent Direct Listing New Risk • Dec 02
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 19% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$829k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m (AU$571k revenue, or US$373k). Market cap is less than US$10m (AU$7.64m market cap, or US$5.00m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). New Risk • Aug 29
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$829k 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$829k free cash flow). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m (AU$569k revenue, or US$372k). Market cap is less than US$10m (AU$9.63m market cap, or US$6.30m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). Announcement • Jun 28
Greenhy2 Limited has completed a Follow-on Equity Offering in the amount of AUD 0.987004 million. Greenhy2 Limited has completed a Follow-on Equity Offering in the amount of AUD 0.987004 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 89,727,627
Price\Range: AUD 0.011
Transaction Features: Subsequent Direct Listing Announcement • Jun 23
Greenhy2 Limited has filed a Follow-on Equity Offering in the amount of AUD 0.987004 million. Greenhy2 Limited has filed a Follow-on Equity Offering in the amount of AUD 0.987004 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 89,727,627
Price\Range: AUD 0.011
Transaction Features: Subsequent Direct Listing Announcement • Apr 17
Greenhy2 Limited, Annual General Meeting, May 23, 2025 Greenhy2 Limited, Annual General Meeting, May 23, 2025. Location: suite 303, 75 king street, sydney nsw 2000 Australia Reported Earnings • Apr 03
Full year 2024 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in FY 2023) Full year 2024 results: AU$0.002 loss per share (improved from AU$0.004 loss in FY 2023). Net loss: AU$1.16m (loss narrowed 34% from FY 2023). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 01
Full year 2024 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in FY 2023) Full year 2024 results: AU$0.002 loss per share (improved from AU$0.004 loss in FY 2023). Net loss: AU$1.16m (loss narrowed 34% from FY 2023). 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: 43% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$1.2m free cash flow). Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Revenue is less than US$1m (AU$112k revenue, or US$70k). Market cap is less than US$10m (AU$2.39m market cap, or US$1.49m). Board Change • Jan 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Charles Rottier was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Aug 31
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$1.2m 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$1.2m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Revenue is less than US$1m (AU$88k revenue, or US$60k). Market cap is less than US$10m (AU$2.99m market cap, or US$2.02m). Minor Risk Shareholders have been diluted in the past year (43% increase in shares outstanding). New Risk • May 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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 Revenue is less than US$1m (AU$140k revenue, or US$92k). Market cap is less than US$10m (AU$4.43m market cap, or US$2.93m). Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). Announcement • Apr 14
Greenhy2 Limited has filed a Follow-on Equity Offering in the amount of AUD 0.63 million. Greenhy2 Limited has filed a Follow-on Equity Offering in the amount of AUD 0.63 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 55,000,000
Price\Range: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.006
Transaction Features: Rights Offering New Risk • Apr 04
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$1.2m 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$1.2m free cash flow). Revenue is less than US$1m (AU$140k revenue, or US$92k). Market cap is less than US$10m (AU$4.19m market cap, or US$2.75m). Announcement • Mar 25
Greenhy2 Limited, Annual General Meeting, May 24, 2024 Greenhy2 Limited, Annual General Meeting, May 24, 2024. Reported Earnings • Feb 29
Full year 2023 earnings released: AU$0.005 loss per share (vs AU$0.008 loss in FY 2022) Full year 2023 results: AU$0.005 loss per share (improved from AU$0.008 loss in FY 2022). Net loss: AU$1.94m (loss narrowed 35% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings. Reported Earnings • Sep 02
First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in 1H 2022) First half 2023 results: AU$0.002 loss per share (improved from AU$0.004 loss in 1H 2022). Net loss: AU$757.3k (loss narrowed 41% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance. New Risk • Jun 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$3.4m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Revenue is less than US$1m (AU$293k revenue, or US$198k). Market cap is less than US$10m (AU$5.86m market cap, or US$3.97m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Charles Rottier was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Charles Rottier was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 01
First half 2022 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in 1H 2021) First half 2022 results: AU$0.004 loss per share (vs AU$0.004 loss in 1H 2021). Revenue: AU$129.0k (down 98% from 1H 2021). Net loss: AU$1.29m (loss narrowed 8.2% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Sep 01
Tempo Australia Limited Announces Retirement of Christopher Cook as Alternate Director The Board of Tempo Australia Limited announced retirement of Christopher Cook as Alternate Non Executive Director effective 30 September 2022. Mr. Cook was the alternate for Guido Belgiorno Nettis who announced his retirement earlier on September 1, 2022. Board Change • Aug 30
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Charles Rottier was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 23
E&A Limited agreed to acquire Tempo Asset Management Services from Tempo Australia Limited (ASX:TPP). E&A Limited agreed to acquire Tempo Asset Management Services from Tempo Australia Limited (ASX:TPP) on May 23, 2022. Under the terms, consideration will be, Net Tangible Assets less provision for Senior Executive redundancy payments (maximum 3) at Settlement; and 25% of the EBIT for FY23, FY24 and FY25 capped at a maximum of AUD million for any year payable on 31 October following the 30 June financial year end. Transaction is expected to close by June 30, 2022. Board Change • May 06
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Chairman Guido Belgiorno-Nettis is the most experienced director on the board, commencing their role in 2016. Independent Non-Executive Director Charles Rottier was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • Mar 30
Full year 2021 earnings released Full year 2021 results: Revenue: AU$0 (down 100% from FY 2020). Net loss: AU$4.22m (down AU$4.45m from profit in FY 2020). Profit margin: (down from 0.8% in FY 2020). The decrease in margin was driven by lower revenue. Reported Earnings • Mar 01
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: AU$0.012 loss per share (down from AU$0.001 profit in FY 2020). Revenue: AU$15.0m (down 51% from FY 2020). Net loss: AU$4.22m (down AU$4.45m from profit in FY 2020). Revenue missed analyst estimates by 10.0%. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Feb 16
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Chairman Guido Belgiorno-Nettis is the most experienced director on the board, commencing their role in 2016. Independent Non-Executive Director Charles Rottier was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Feb 09
Tempo Australia Limited Announces Board Changes The Board of Tempo Australia Limited announced that Dr. Paul Dalgleish has accepted its invitation to join the Board as Managing Director. Dr. Dalgleish has had over 30 years of experience in Senior management of Engineering companies and has been Chief Executive of Public listed engineering companies for 15 years. As Dr. Dalgleish has agreed to join, it is appropriate to manage Board composition, and in that regard Mr. Christopher Cook will revert to his previous role as an alternate for Mr. Belgiorno-Nettis. Mr. Cook has been a valuable member of the Board during his tenure. Recent Insider Transactions • Mar 25
Chief Executive Officer recently bought AU$391k worth of stock On the 19th of March, Paul Dalgleish bought around 5m shares on-market at roughly AU$0.083 per share. This was the largest purchase by an insider in the last 3 months. This was Paul's only on-market trade for the last 12 months. Announcement • Mar 19
Tempo Australia Limited Announces Board Changes The Board of Tempo Australia Limited advised that Christopher James Cook has been appointed as a non-executive director effective March 19, 2021. Cook ceased to act as alternate director upon the retirement of David Iverach and has resigned as alternate director acting for Guido Belgiorno-Nettis upon this appointment. Cook is currently the Chief Executive Officer for Angophora Capital and also serves as an investment advisor to Transfield Holdings. Executive Departure • Mar 11
Non-Executive Director has left the company On the 4th of March, David Iverach's tenure as Non-Executive Director ended after 2.2 years in the role. As of December 2020, David personally held 6.85m shares (AU$418k worth at the time). David is the only executive to leave the company over the last 12 months. Recent Insider Transactions • Mar 06
Insider recently sold AU$588k worth of stock On the 2nd of March, Anthony Barton sold around 8m shares on-market at roughly AU$0.074 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought AU$829k more than they sold in the last 12 months. Announcement • Mar 05
Tempo Australia Limited Announces the Resignation of David Iverach as Director Tempo Australia Limited announced the resignation of David Iverach as Director. David has been considering his future for some time and has decided to retire as director to pursue other interests now that Tempo is organisationally and financially in a strong position. Reported Earnings • Feb 27
Full year 2020 earnings released: EPS AU$0.001 (vs AU$0.08 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: AU$30.4m (down 43% from FY 2019). Net income: AU$229.0k (up AU$20.2m from FY 2019). Profit margin: 0.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Feb 05
Insider recently bought AU$111k worth of stock On the 2nd of February, Anthony Barton bought around 2m shares on-market at roughly AU$0.063 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$1.4m more in shares than they have sold in the last 12 months. Announcement • Nov 26
Tempo Australia Limited Announces Appointment of Christopher James Cook as Alternate Director The Board of Tempo Australia Limited announced that each of David Iverach and Guido Belgiorno-Nettis, has appointed Christopher James Cook as their alternate director effective 26 November 2020. The appointment will continue until each of David Iverach and Guido Belgiorno-Nettis terminate the appointment or until the appointment is terminated in accordance with the company's constitutions.