Ignite (CHIA:IGN) - Stock Price, News & Analysis

IGN Stock Overview

Ignite Limited, together with its subsidiaries, provides specialist recruitment and on-demand information technology services in Australia and New Zealand.

About the company

IGN fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 88% below our estimate of its fair value

Earnings have grown 47.9% per year over the past 5 years

Risk Analysis

Does not have a meaningful market cap (A$11M)

Shares are highly illiquid

Shareholders have been substantially diluted in the past year

Ignite Limited Competitors

Aquirian

ASX:AQN

AU$14.5m

Hiremii

ASX:HMI

AU$6.3m

My Rewards International

ASX:MRI

AU$4.1m

GO2 People

ASX:GO2

AU$6.0m

Price History & Performance

Summary of all time highs, changes and price drops for Ignite
Historical stock prices
Current Share Price	AU$0.061
52 Week High	AU$0.061
52 Week Low	AU$0.061
Beta	2.12
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	3.39%
Change since IPO	-77.41%

Recent updates

Shareholder Returns

	IGN	AU Professional Services	AU Market
7D	0%	-1.7%	1.6%
1Y	n/a	8.7%	7.9%

Return vs Industry: Insufficient data to determine how IGN performed against the Australian Professional Services industry.

Return vs Market: Insufficient data to determine how IGN performed against the Australian Market.

Price Volatility

Is IGN's price volatile compared to industry and market?
IGN volatility
IGN Average Weekly Movement	n/a
Professional Services Industry Average Movement	6.4%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: IGN has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine IGN's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1984	49	n/a	www.igniteco.com

Ignite Limited, together with its subsidiaries, provides specialist recruitment and on-demand information technology services in Australia and New Zealand. It offers contingent labour and permanent recruitment services. The company serves IT and digital, government, business support, engineering, information management, and professional services recruitment sectors.

Ignite Limited Fundamentals Summary

How do Ignite's earnings and revenue compare to its market cap?
IGN fundamental statistics
Market cap	AU$10.77m
Earnings (TTM)	-AU$387.00k
Revenue (TTM)	AU$101.57m

0.1x

P/S Ratio

-27.8x

P/E Ratio

Is IGN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGN income statement (TTM)
Revenue	AU$101.57m
Cost of Revenue	AU$89.94m
Gross Profit	AU$11.63m
Other Expenses	AU$12.02m
Earnings	-AU$387.00k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0024
Gross Margin	11.45%
Net Profit Margin	-0.38%
Debt/Equity Ratio	0%

How did IGN perform over the long term?

See historical performance and comparison