Announcement • Jul 03
Inventis Limited Announces Company Secretary Changes Inventis Limited announced Change of Company Secretary. The company announces the appointment of the existing Director, Anthony Mankarios to also undertake the role of Company Secretary of Inventis Limited succeeding Mr. Michael Green and Ms. Chantelle Knight who were the previous designated co-company secretary(s). Board Change • Apr 29
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 Chairman Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 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 Chairman Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 27
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 Chairman Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 13
Inventis Limited, Annual General Meeting, Dec 13, 2024 Inventis Limited, Annual General Meeting, Dec 13, 2024. Location: suite 2, level 29, 259 george street, sydney nsw 2000 Australia Reported Earnings • Oct 02
Full year 2024 earnings released: AU$0.045 loss per share (vs AU$0.029 loss in FY 2023) Full year 2024 results: AU$0.045 loss per share (further deteriorated from AU$0.029 loss in FY 2023). Revenue: AU$13.6m (down 16% from FY 2023). Net loss: AU$3.42m (loss widened 76% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.045 loss per share (vs AU$0.029 loss in FY 2023) Full year 2024 results: AU$0.045 loss per share (further deteriorated from AU$0.029 loss in FY 2023). Revenue: AU$13.6m (down 16% from FY 2023). Net loss: AU$3.42m (loss widened 76% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. 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. 2 non-independent directors. Independent Chairman Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 05
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 Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 18
Inventis Limited Appoints Michael Staffod as Director, Effective 15 December 2023 Inventis Limited appointed Michael Staffod as Director, effective 15 December 2023. Board Change • Dec 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Dec 16
Inventis Limited Announces Board Changes Inventis Limited at its AGM held on 15 December 2023 approved Retirement of Chairman Dr. Tony Noun and Election of Director - Mr. Michael Stafford. Board Change • Nov 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 17
Inventis Limited, Annual General Meeting, Dec 15, 2023 Inventis Limited, Annual General Meeting, Dec 15, 2023, at 10:00 AUS Eastern Standard Time. Location: Level 8 / 107 Pitt Street, Sydney NSW 2000 Sydney Nsw 2000 Australia Agenda: To discuss Adoption of 2023 Annual Financial Report; to discuss 2023 remuneration report; to discuss retirement of chairman Dr.tony noun; to approval for election of director Mr. michael stafford; to discuss removal of auditor; to appointment of auditor; to approval of additional 10% placement capacity ; to approval for the company to issue notes to investors; to approval for the company to issue convertible note options to investors; to approval for the company to issue notes and options to Mr. anthony mankarios; to approval for the company to issue notes and options to bobbin ed pty limited; and to discuss other matters. Board Change • Oct 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 10
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.025 loss per share (vs AU$0.004 profit in FY 2022) Full year 2023 results: AU$0.025 loss per share (down from AU$0.004 profit in FY 2022). Revenue: AU$16.2m (up 40% from FY 2022). Net loss: AU$1.66m (down AU$1.94m from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 37% per year, which means it has not declined as severely as earnings. New Risk • Aug 31
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: Major Risks Interest payments are not well covered by earnings (0.08x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (AU$2.82m market cap, or US$1.83m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (38% increase in shares outstanding). Announcement • Aug 09
Inventis Limited has completed a Follow-on Equity Offering in the amount of AUD 0.65407 million. Inventis Limited has completed a Follow-on Equity Offering in the amount of AUD 0.65407 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,901,170
Price\Range: AUD 0.06
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: AUD 0.06
Transaction Features: Rights Offering Board Change • Apr 11
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 03
First half 2023 earnings released: AU$0.009 loss per share (vs AU$0.007 loss in 1H 2022) First half 2023 results: AU$0.009 loss per share (further deteriorated from AU$0.007 loss in 1H 2022). Revenue: AU$7.94m (up 49% from 1H 2022). Net loss: AU$577.5k (loss widened 28% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Dec 29
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Oct 25
Inventis Limited, Annual General Meeting, Nov 29, 2022 Inventis Limited, Annual General Meeting, Nov 29, 2022, at 10:30 AUS Eastern Standard Time. Location: Zephyr Room, Lower Ground, 259 George Street Sydney Nsw 2000 New South Wales Australia Agenda: To consider Adoption of 2022 Annual Financial Report; to consider Adoption of 2022 remuneration report; to consider approval for re- election of director Mr Peter Bobbin; and to consider other matters, if any. Reported Earnings • Oct 04
Full year 2022 earnings released: EPS: AU$0.004 (vs AU$0.002 in FY 2021) Full year 2022 results: EPS: AU$0.004 (up from AU$0.002 in FY 2021). Revenue: AU$11.5m (up 9.4% from FY 2021). Net income: AU$276.2k (up 260% from FY 2021). Profit margin: 2.4% (up from 0.7% 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 102% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 28
Inventis Limited (ASX:IVT) entered into the heads of agreement to acquire 80% stake in Open Projects Group from Kane McCarthy for $3.6 million. Inventis Limited (ASX:IVT) entered into the heads of agreement to acquire 80% stake in Open Projects Group from Kane McCarthy for $3.6 million on September 26, 2022. The cash consideration of $3.4 million will be funded through the company’s own cash reserves of $1.0 million in 12 months and the initial component through external funding of $2.4million. The acquisition is subject to an exclusive 45-day Due Diligence and final Board and finance approvals. Board Change • Sep 26
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 25
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 04
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.007 loss per share. Revenue: AU$5.35m (up 18% from 1H 2021). Net loss: AU$450.1k (down AU$451.5k from profit in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Jan 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bobbin was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 05
Full year 2021 earnings released: EPS AU$0.002 (vs AU$0.007 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$10.6m (up 32% from FY 2020). Net income: AU$76.8k (up AU$369.6k from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 03
Full year earnings released - AU$0.00036 loss per share Over the last 12 months the company has reported total losses of AU$292.8k, with losses narrowing by 83% from the prior year. Total revenue was AU$8.02m over the last 12 months, down 32% from the prior year.