Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Non-Executive Director Rod Douglas was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Non-Executive Director Rod Douglas was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 27
Shine Justice Ltd Announces Ordinary Fully Franked Dividend for Period of Six Months Ended December 31, 2025, Payable on April 24, 2026 Shine Justice Ltd. announced ordinary fully franked dividend relates to a period of six months ended December 31, 2025, of AUD
0.01500000 per security, payable on April 24, 2026 with Record Date of April 8, 2026 and Ex Date of April 7, 2026. Announcement • Feb 03
Shine Justice Ltd to Report First Half, 2026 Results on Feb 27, 2026 Shine Justice Ltd announced that they will report first half, 2026 results on Feb 27, 2026 Board Change • Dec 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Non-Executive Director Rod Douglas was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 28
Shine Justice Ltd, Annual General Meeting, Oct 24, 2025 Shine Justice Ltd, Annual General Meeting, Oct 24, 2025. Announcement • Aug 07
Shine Justice Ltd to Report Fiscal Year 2025 Results on Aug 28, 2025 Shine Justice Ltd announced that they will report fiscal year 2025 results on Aug 28, 2025 Announcement • Feb 28
Shine Justice Ltd Recommends Fully Franked Interim Dividend for the Half-Year Ended 31 December 2024, Payable on 24 April 2025 The Directors of Shine Justice Ltd. have recommended the payment of an interim dividend of 1.5 cents fully franked per fully paid ordinary share (31 December 2023: 1.50 cents unfranked) for the half-year ended 31 December 2024. Ex-dividend date is 7 April 2025; Record date is 8 April 2025; and Payment date is 24 April 2025. Announcement • Jan 29
Shine Justice Ltd to Report First Half, 2025 Results on Feb 28, 2025 Shine Justice Ltd announced that they will report first half, 2025 results on Feb 28, 2025 Announcement • Dec 20
Shine Justice Ltd Appoints Marc Devine as Additional Company Secretary Shine Justice Ltd. announced that Chief Financial Officer Marc Devine has been appointed as Company Secretary for the Company. Annette O'Hara continues as Company Secretary and as the person responsible for communication with ASX in relation to Listing Rule matters, in accordance with Listing Rule 12.6. Upcoming Dividend • Sep 19
Upcoming dividend of AU$0.04 per share Eligible shareholders must have bought the stock before 26 September 2024. Payment date: 14 October 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.6%. Within top quartile of Australian dividend payers (6.0%). Higher than average of industry peers (2.5%). Reported Earnings • Aug 30
Full year 2024 earnings released: EPS: AU$0.035 (vs AU$0.019 in FY 2023) Full year 2024 results: EPS: AU$0.035 (up from AU$0.019 in FY 2023). Revenue: AU$198.6m (down 14% from FY 2023). Net income: AU$6.20m (up 87% from FY 2023). Profit margin: 3.1% (up from 1.4% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Consumer Services industry in Australia. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Aug 29
Shine Justice Ltd Declares Final Dividend for the Year Ended 30 June 2024 , Payable on 14 October 2024 Shine Justice Ltd. announced that its Directors have declared a final dividend of 4 cents per Share (unfranked) for the year ended 30 June 2024 (Final dividend for the year ended 30 June 2023 not paid) and is expected to be paid on 14 October 2024. Announcement • Aug 26
Shine Justice Ltd, Annual General Meeting, Oct 22, 2024 Shine Justice Ltd, Annual General Meeting, Oct 22, 2024. Announcement • Aug 08
Shine Justice Ltd Announces Change in Chief Financial Officer Shine Justice Ltd. announced that Mr. Ravin Raj, Chief Financial Officer, has advised the Company of his intention to retire on September 27, 2024. Mr. Raj joined the Company in November 2016 and has made a significant contribution to the Shine Justice Group. The Company announced the appointment of Mr. Marc Devine as CFO, commencing September 23, 2024. Mr. Devine is an established senior finance executive with over two decades of experience in all aspects of financial and executive management and commercial finance, most recently as Chief Financial Officer of ASX listed Alliance Aviation Services Limited. Previously Mr. Devine held senior finance roles at Mater Health Services and Metro North Hospital and Health Service in Queensland. Mr. Devine is a Certified Practising Accountant and holds a Bachelor of Business (Accounting) from Griffith University. Announcement • Aug 06
Shine Justice Ltd to Report Fiscal Year 2024 Results on Aug 29, 2024 Shine Justice Ltd announced that they will report fiscal year 2024 results on Aug 29, 2024 Upcoming Dividend • Feb 29
Upcoming dividend of AU$0.015 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 22 March 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Australian dividend payers (6.4%). Higher than average of industry peers (2.5%). Reported Earnings • Feb 27
First half 2024 earnings released: EPS: AU$0.001 (vs AU$0.062 in 1H 2023) First half 2024 results: EPS: AU$0.001 (down from AU$0.062 in 1H 2023). Revenue: AU$100.4m (down 9.4% from 1H 2023). Net income: AU$177.0k (down 98% from 1H 2023). Profit margin: 0.2% (down from 9.6% in 1H 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Consumer Services industry in Australia. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Declared Dividend • Feb 25
Dividend of AU$0.015 announced Shareholders will receive a dividend of AU$0.015. Ex-date: 7th March 2024 Payment date: 22nd March 2024 Dividend yield will be 2.5%, which is about the same as the industry average. Announcement • Feb 07
Shine Justice Ltd to Report First Half, 2024 Results on Feb 23, 2024 Shine Justice Ltd announced that they will report first half, 2024 results on Feb 23, 2024 Board Change • Jan 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Non-Executive Director Rod Douglas was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Oct 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (AU$122.0m market cap, or US$76.9m). Recent Insider Transactions • Sep 29
Co-Founder recently bought AU$94k worth of stock On the 28th of September, Simon Morrison bought around 130k shares on-market at roughly AU$0.72 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Simon's only on-market trade for the last 12 months. Reported Earnings • Aug 30
Full year 2023 earnings released: EPS: AU$0.019 (vs AU$0.18 in FY 2022) Full year 2023 results: EPS: AU$0.019 (down from AU$0.18 in FY 2022). Revenue: AU$231.6m (up 7.8% from FY 2022). Net income: AU$3.32m (down 89% from FY 2022). Profit margin: 1.4% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Services industry in Australia. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year. Announcement • Aug 29
Shine Justice Ltd, Annual General Meeting, Oct 26, 2023 Shine Justice Ltd, Annual General Meeting, Oct 26, 2023, at 12:00 E. Australia Standard Time. New Risk • Aug 25
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: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Paying a dividend despite having no free cash flows. Market cap is less than US$100m (AU$107.4m market cap, or US$68.8m). Announcement • Aug 03
Shine Justice Ltd to Report Fiscal Year 2023 Results on Aug 23, 2023 Shine Justice Ltd announced that they will report fiscal year 2023 results on Aug 23, 2023 Upcoming Dividend • Feb 28
Upcoming dividend of AU$0.015 per share at 8.1% yield Eligible shareholders must have bought the stock before 07 March 2023. Payment date: 22 March 2023. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 8.1%. Within top quartile of Australian dividend payers (7.1%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 24
First half 2023 earnings released: EPS: AU$0.062 (vs AU$0.075 in 1H 2022) First half 2023 results: EPS: AU$0.062 (down from AU$0.075 in 1H 2022). Revenue: AU$111.2m (up 5.4% from 1H 2022). Net income: AU$10.6m (down 18% from 1H 2022). Profit margin: 9.6% (down from 12% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Services industry in Australia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Buying Opportunity • Feb 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be AU$1.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings is also forecast to grow by 7.7% per annum over the same time period. Announcement • Feb 03
Shine Justice Ltd to Report First Half, 2023 Results on Feb 23, 2023 Shine Justice Ltd announced that they will report first half, 2023 results on Feb 23, 2023 Buying Opportunity • Dec 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be AU$1.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings is also forecast to grow by 7.7% per annum over the same time period. Buying Opportunity • Nov 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.2%. The fair value is estimated to be AU$1.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings is also forecast to grow by 7.7% per annum over the same time period. Board Change • Nov 17
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Co-Founder, CEO, MD & Executive Director Simon Morrison is the most experienced director on the board, commencing their role in 2013. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 15
Upcoming dividend of AU$0.035 per share Eligible shareholders must have bought the stock before 22 September 2022. Payment date: 07 October 2022. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 4.9%. Lower than top quartile of Australian dividend payers (6.7%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 27
Full year 2022 earnings released: EPS: AU$0.18 (vs AU$0.15 in FY 2021) Full year 2022 results: EPS: AU$0.18 (up from AU$0.15 in FY 2021). Revenue: AU$215.1m (up 11% from FY 2021). Net income: AU$31.4m (up 23% from FY 2021). Profit margin: 15% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.7%, compared to a 26% growth forecast for the Consumer Services industry in Australia. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Co-Founder, CEO, MD & Executive Director Simon Morrison is the most experienced director on the board, commencing their role in 2013. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 03
Upcoming dividend of AU$0.025 per share Eligible shareholders must have bought the stock before 10 March 2022. Payment date: 25 March 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Australian dividend payers (5.7%). Higher than average of industry peers (1.1%). Reported Earnings • Mar 01
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: EPS: AU$0.075 (up from AU$0.058 in 1H 2021). Revenue: AU$105.5m (up 13% from 1H 2021). Net income: AU$13.0m (up 30% from 1H 2021). Profit margin: 12% (up from 11% in 1H 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 6.1%, compared to a 32% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 28% per year. Recent Insider Transactions • Nov 11
Co-Founder recently bought AU$371k worth of stock On the 5th of November, Simon Morrison bought around 275k shares on-market at roughly AU$1.35 per share. This was the largest purchase by an insider in the last 3 months. This was Simon's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improved over the past week After last week's 16% share price gain to AU$1.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Consumer Services industry in Australia. Total returns to shareholders of 108% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$2.87 per share. Upcoming Dividend • Sep 16
Upcoming dividend of AU$0.033 per share Eligible shareholders must have bought the stock before 23 September 2021. Payment date: 08 October 2021. Trailing yield: 4.1%. Lower than top quartile of Australian dividend payers (5.1%). Higher than average of industry peers (0.7%). Recent Insider Transactions • Sep 14
Independent Chairman of the Board recently bought AU$55k worth of stock On the 10th of September, Graham Bradley bought around 62k shares on-market at roughly AU$0.88 per share. This was the largest purchase by an insider in the last 3 months. This was Graham's only on-market trade for the last 12 months. Reported Earnings • Aug 28
Full year 2021 earnings released: EPS AU$0.15 (vs AU$0.12 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$193.7m (up 6.0% from FY 2020). Net income: AU$25.6m (up 19% from FY 2020). Profit margin: 13% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improved over the past week After last week's 17% share price gain to AU$1.13, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Consumer Services industry in Australia. Total returns to shareholders of 38% over the past three years. Is New 90 Day High Low • Mar 10
New 90-day high: AU$0.92 The company is up 3.0% from its price of AU$0.89 on 10 December 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Services industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$2.22 per share. Upcoming Dividend • Mar 04
Upcoming Dividend of AU$0.02 Per Share Will be paid on the 26th of March to those who are registered shareholders by the 11th of March. The trailing yield of 5.5% is in the top quartile of Australian dividend payers (5.5%), and it is higher than industry peers (1.0%). Reported Earnings • Feb 25
First half 2021 earnings released: EPS AU$0.058 (vs AU$0.051 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$93.4m (up 4.7% from 1H 2020). Net income: AU$10.0m (up 14% from 1H 2020). Profit margin: 11% (up from 9.8% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jan 05
Non-Executive Director recently bought AU$56k worth of stock On the 31st of December, Rodney Douglas bought around 64k shares on-market at roughly AU$0.88 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$129k more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Nov 27
New 90-day high: AU$0.91 The company is up 15% from its price of AU$0.79 on 28 August 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Services industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$1.62 per share. Is New 90 Day High Low • Oct 16
New 90-day high: AU$0.87 The company is up 34% from its price of AU$0.65 on 17 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$1.56 per share. Is New 90 Day High Low • Sep 18
New 90-day high: AU$0.83 The company is up 8.0% from its price of AU$0.77 on 19 June 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$1.56 per share.