Announcement • May 30
Ariadne Australia Limited Announces Passing of John Murphy, Independent Non-Executive Director and Audit and Risk Management Committee Chairman Ariadne Australia Limited Announced the Passing of Mr. John Murphy, Independent Non-Executive Director and Audit and Risk Management Committee Chairman, on 26 May. John was an inspirational leader, an innovative and strategic thinker and a compassionate mentor. Through his many significant contributions to the Company during his 19 years on the Board, he helped transform Ariadne into the company that it is today. John was appointed as a Director of Ariadne on 6 December 2006 and Chairman of the Audit and Risk Management Committee on 18 March 2008. He was formerly a partner in international accounting firm Arthur Andersen where he specialised in mergers and acquisitions and insolvency and reconstruction. He held management positions in that firm at the Australian, regional and global level. He has also spent twenty years as the founder and managing director of various private equity funds including Investec Wentworth Private Equity Limited and Adexum Capital Limited. He was a Director of Investec Bank Australia Limited from 2004 until 2013 and Chairman of Alloggio Group Limited (appointed 6 August 2021) before the company was taken private in July 2023. Mr. Murphy had extensive public company experience having been a Director of listed companies Shriro Holdings Limited, Southcorp Limited, Specialty Fashion Group Limited, Vocus Communications Limited, Gale Pacific Limited, Redflex Limited, and Australian Pharmaceutical Industries Limited. Board Change • Apr 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. 2 highly experienced directors. Non-Executive Alternate Director Kevin Seymour was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Declared Dividend • Mar 02
Final dividend of AU$0.005 announced Dividend of AU$0.005 is the same as last year. Ex-date: 13th March 2026 Payment date: 26th March 2026 Dividend yield will be 1.9%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Oct 03
Ariadne Australia Limited, Annual General Meeting, Nov 07, 2025 Ariadne Australia Limited, Annual General Meeting, Nov 07, 2025. Location: level 2, 50 bridge street, quay quarter tower, sydney Australia Declared Dividend • Aug 30
Final dividend of AU$0.005 announced Dividend of AU$0.005 is the same as last year. Ex-date: 12th September 2025 Payment date: 25th September 2025 Dividend yield will be 1.9%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 28
Ariadne Australia Limited Declares Partially Franked Final Dividend for the Period Ended 30 June 2025, Payable on 25 September 2025 The Directors of Ariadne Australia Limited have declared a partially franked final dividend of 0.50 cents per ordinary share in relation to the 30 June 2025 financial year. The record date will be 15 September 2025 with payment to be made on 25 September 2025. Declared Dividend • Mar 03
Final dividend increased to AU$0.005 Dividend of AU$0.005 is 100% higher than last year. Ex-date: 14th March 2025 Payment date: 27th March 2025 Dividend yield will be 2.0%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.9% to bring the payout ratio under control, which is less than the 29% EPS growth achieved over the last 5 years. Announcement • Sep 16
Ariadne Australia Limited, Annual General Meeting, Oct 18, 2024 Ariadne Australia Limited, Annual General Meeting, Oct 18, 2024. Location: at the premises of the work project, level 2, 50 bridge street, quay quarter tower, sydney Australia Declared Dividend • Sep 01
Final dividend of AU$0.005 announced Shareholders will receive a dividend of AU$0.005. Ex-date: 13th September 2024 Payment date: 26th September 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.8%. Announcement • May 09
Ariadne Australia Limited Announces Resignation of Chris Barter as Director Ariadne Australia Limited announced that Chris Barter has retired from the Board effective May 8, 2024. Chris has served on the Board of Ariadne for many years having been appointed in 2018. Announcement • Jan 08
Ariadne Australia Limited Provides Earnings Guidance for the Half Year Ended December 31, 2023 Ariadne Australia Limited provided earnings guidance for the half year ended December 31, 2023. Ariadne's total comprehensive income attributable to members for the half year to 31 December 2023 is expected to be in the range of $8.5 million to $10.5 million (HY23: $1.3 million). This result comprises two elements: - a net loss attributable to members expected to be in the range of $1.0 million to breakeven (HY23: $11.5 million net profit) reported through Profit and Loss; and - a net gain attributable to members expected to be in the range of $9.5 million to $10.5 million (HY23: $10.2 million net loss) reported through Other Comprehensive Income. Recent Insider Transactions • Nov 07
Independent Non-Executive Director recently bought AU$55k worth of stock On the 2nd of November, Dean Smorgon bought around 100k shares on-market at roughly AU$0.55 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$60k more in shares than they have sold in the last 12 months. Announcement • Aug 31
Ariadne Australia Limited, Annual General Meeting, Oct 27, 2023 Ariadne Australia Limited, Annual General Meeting, Oct 27, 2023, at 11:01 AUS Eastern Standard Time. Location: the Computershare Offices Level 3, 60 Carrington Street, Sydney Australia 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 Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (AU$112.7m market cap, or US$73.0m). Board Change • Mar 01
High number of new directors Alternate Director Kevin Seymour was the last director to join the board, commencing their role in the last week. Announcement • Dec 05
Ariadne Australia Limited Announces Demise of David Baffsky, Chairman Ariadne Australia Limited announced that the Company's Chairman, Mr. David Baffsky AO, passed away on 4 December, 2022. David was an inspirational leader, an innovative and strategic thinker and a compassionate mentor, who, with his many instrumental and decisive contributions to the Company during his 14 years on the Board, helped transform Ariadne into the company that it is today. His passion for hospitality in the Asia Pacific region, and his personal drive to raise the bar across the industry, was unparalleled. Mr. Baffsky AO, was appointed as a Director of Ariadne on 18 March 2008 and Chairman of the Board on 13 January 2009. Mr. Baffsky was Honorary Chairman (formerly Executive Chairman between 1993 and 2008) of Accor Asia Pacific, which is the largest hotel management company in the Asia Pacific region. Amongst previous roles, Mr. Baffsky was Chairman of Investa Property Group, a Director of Destination NSW, The George Institute, the Australian Brandenburg Orchestra and a board member of Sydney Olympic Park Authority. He was a Director of SATS Limited, Chairman of Food & Allied Support Services Corporation Ltd, a Trustee of the Art Gallery of NSW, Chairman of Voyages Indigenous Tourism Ltd. and a Director of the Indigenous Land Corporation. He was a member of the Business Government Advisory Group on National Security and a member of the Federal Government's Northern Australia Land and Water Taskforce. In 2001 Mr. Baffsky was made an Officer in the General Division of the Order of Australia and in 2003 he received the Centenary Medal. In 2004 he was recognised as the Asia Pacific Hotelier of the Year. In 2012 he was awarded the Chevalier in the Order of National Légion d'Honneur of France. Reported Earnings • Aug 30
Full year 2022 earnings released: AU$0.034 loss per share (vs AU$0.054 profit in FY 2021) Full year 2022 results: AU$0.034 loss per share (down from AU$0.054 profit in FY 2021). Net loss: AU$6.60m (down 162% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Aug 29
Ariadne Australia Limited Declares Final Fully Franked Dividend of Fiscal Year 2022 Ariadne Australia Limited announced that a final fully franked dividend of 0.75 cents per share has been declared by the directors, bringing the total dividends for FY22 to 1.00 cents per share (FY21: 0.50 cents per share). Recent Insider Transactions • Jun 02
Independent Non-Executive Director recently sold AU$1.3m worth of stock On the 31st of May, Christopher Barter sold around 2m shares on-market at roughly AU$0.70 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$1.1m more than they bought in the last 12 months. Reported Earnings • Mar 02
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.012 (up from AU$0 in 1H 2021). Revenue: AU$5.70m (up 32% from 1H 2021). Net income: AU$2.43m (up AU$2.51m from 1H 2021). Profit margin: 43% (up from net loss in 1H 2021). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Feb 25
Ariadne Australia Limited Announces Dividend for the Period of Six Months Ended December 31, 2021, Payable on March 28, 2022 Ariadne Australia Limited announced dividend of AUD 0.00250000 per share for the period of six months ended December 31, 2021. Ex Date is March 14, 2022. Record Date is March 15, 2022. Payment Date is March 28, 2022. Announcement • Jan 12
Ariadne Australia Limited Provides Earnings Guidance for the Half Year Ended December 31, 2021 Ariadne Australia Limited provides earnings guidance for the half year ended December 31, 2021. Half-year-to-date mark-to-market adjustments to the investment portfolio and foreign exchange movements, attributable to members before tax as reported in other comprehensive income is currently estimated to be between a $30.0 million and $32.0 million net profit (HY21: $10.6 million net profit). Recent Insider Transactions • Oct 17
Independent Non-Executive Director recently bought AU$100k worth of stock On the 14th of October, John Murphy bought around 150k shares on-market at roughly AU$0.67 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$329k more in shares than they have sold in the last 12 months. Reported Earnings • Sep 01
Full year 2021 earnings released: EPS AU$0.054 (vs AU$0.036 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$16.3m (up 144% from FY 2020). Net income: AU$10.6m (up AU$17.7m from FY 2020). Profit margin: 65% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Mar 20
Alternate Director recently bought AU$97k worth of stock On the 18th of March, Benjamin Seymour bought around 183k shares on-market at roughly AU$0.53 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$190k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 11
Alternate Director recently bought AU$78k worth of stock On the 4th of March, Benjamin Seymour bought around 162k shares on-market at roughly AU$0.48 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Feb 04
New 90-day low: AU$0.44 The company is down 4.0% from its price of AU$0.46 on 06 November 2020. The Australian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 8.0% over the same period. Announcement • Dec 16
Ariadne Australia Limited Announces Appointment of Alternate Director Ariadne Australia Limited announced that Mr. Kevin Seymour, Deputy Chairman and Non-Executive Director of Ariadne, has appointed Mr. Ben Seymour to act as his Alternate Director effective from today. Is New 90 Day High Low • Nov 08
New 90-day high: AU$0.46 The company is up 10.0% from its price of AU$0.42 on 10 August 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 4.0% over the same period.