Announcement • Jun 02
ARC Funds Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6 million. ARC Funds Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,000,000
Price\Range: AUD 0.1
Transaction Features: Subsequent Direct Listing Recent Insider Transactions • Mar 13
Non-Executive Director recently sold AU$63k worth of stock On the 9th of March, Harley Grosser sold around 641k shares on-market at roughly AU$0.098 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought AU$22k more than they sold in the last 12 months. New Risk • Mar 08
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$1.0m 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$1.0m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m (AU$597k revenue, or US$419k). Market cap is less than US$10m (AU$7.30m market cap, or US$5.13m). New Risk • Dec 19
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). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (42% increase in shares outstanding). Revenue is less than US$1m (AU$129k revenue, or US$85k). Market cap is less than US$10m (AU$6.36m market cap, or US$4.21m). Announcement • Dec 12
ARC Funds Limited has filed a Follow-on Equity Offering in the amount of AUD 0.67775 million. ARC Funds Limited has filed a Follow-on Equity Offering in the amount of AUD 0.67775 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,893,479
Price\Range: AUD 0.115
Discount Per Security: AUD 0.0069
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 29
Full year 2025 earnings released: AU$0.055 loss per share (vs AU$0.023 loss in FY 2024) Full year 2025 results: AU$0.055 loss per share (further deteriorated from AU$0.023 loss in FY 2024). Revenue: AU$128.5k (up 40% from FY 2024). Net loss: AU$2.40m (loss widened 223% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Announcement • Aug 28
ARC Funds Limited has filed a Follow-on Equity Offering in the amount of AUD 4000. ARC Funds Limited has filed a Follow-on Equity Offering in the amount of AUD 4000.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,000
Price\Range: AUD 0.1
Transaction Features: Subsequent Direct Listing Announcement • Aug 15
ARC Funds Limited, Annual General Meeting, Oct 15, 2025 ARC Funds Limited, Annual General Meeting, Oct 15, 2025. Announcement • Jul 08
ARC Funds Limited has completed a Follow-on Equity Offering in the amount of AUD 0.83 million. ARC Funds Limited has completed a Follow-on Equity Offering in the amount of AUD 0.83 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,500,000
Price\Range: AUD 0.1
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,000,000
Price\Range: AUD 0.1
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 800,000
Price\Range: AUD 0.1
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Jun 11
ARC Funds Limited (ASX:ARC) signed a letter of intent to acquire remaining 36.51% stake in The Term Deposit Shop Pty Ltd for AUD 1.4 million. ARC Funds Limited (ASX:ARC) signed a letter of intent to acquire remaining 36.51% stake in The Term Deposit Shop Pty Ltd for AUD 1.4 million on June 11, 2025. The consideration consists of common equity of ARC Funds Limited to be issued for common equity of The Term Deposit Shop Pty Ltd. Upon completion, ARC Funds Limited will own 100% stake in The Term Deposit Shop Pty Ltd. Board Change • Jun 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO, MD & Director Scott Beeton was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m (AU$172k revenue, or US$110k). Market cap is less than US$10m (AU$4.94m market cap, or US$3.16m). Announcement • May 13
ARC Funds Limited has completed a Follow-on Equity Offering in the amount of AUD 0.600004 million. ARC Funds Limited has completed a Follow-on Equity Offering in the amount of AUD 0.600004 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,217,430
Price\Range: AUD 0.115
Transaction Features: Subsequent Direct Listing Announcement • May 07
ARC Funds Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6003 million. ARC Funds Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6003 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,220,000
Price\Range: AUD 0.115
Transaction Features: Subsequent Direct Listing Announcement • Mar 20
ARC Funds Limited Announces Resignation of Wayne Massey as Director, Effective March 31, 2025 ARC Funds advised that due to personal and professional demands on his time, Mr. Wayne Massey has tendered his resignation and will retire from the board effective March 31, 2025. Wayne joined the board in 2015 and served as an executive director in the role of CFO until June 2024, he has continued until now as a non- executive director. Wayne has done an excellent job in the CFO role, including the planning and execution of the funding for the company, along with contributing to strategic initiatives with his astute commercial and financial analysis. Announcement • Mar 19
ARC Funds Limited has completed a Follow-on Equity Offering in the amount of AUD 0.125 million. ARC Funds Limited has completed a Follow-on Equity Offering in the amount of AUD 0.125 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,086,959
Price\Range: AUD 0.115
Transaction Features: Subsequent Direct Listing Announcement • Mar 18
ARC Funds Limited has filed a Follow-on Equity Offering in the amount of AUD 0.125 million. ARC Funds Limited has filed a Follow-on Equity Offering in the amount of AUD 0.125 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,086,959
Price\Range: AUD 0.115
Transaction Features: Subsequent Direct Listing Board Change • Mar 17
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CEO, MD & Director Scott Beeton was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 27
ARC Funds Limited (ASX:ARC) agreed to acquire 63.49% stake in The Term Deposit Shop Pty Ltd for AUD 2.4 million. ARC Funds Limited (ASX:ARC) agreed to acquire 63.49% stake in The Term Deposit Shop Pty Ltd for AUD 2.4 million on February 27, 2025. A cash consideration of AUD 2.38 million will be paid by ARC Funds Limited.
The expected completion of the transaction is February 27, 2025 to April 27, 2025. 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: 30% 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (AU$92k revenue, or US$57k). Market cap is less than US$10m (AU$3.68m market cap, or US$2.29m). Board Change • Jan 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CEO, MD & Director Scott Beeton was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 16
ARC Funds Limited has completed a Follow-on Equity Offering in the amount of AUD 0.692521 million. ARC Funds Limited has completed a Follow-on Equity Offering in the amount of AUD 0.692521 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,021,921
Price\Range: AUD 0.115
Transaction Features: Subsequent Direct Listing Announcement • Dec 11
ARC Funds Limited has filed a Follow-on Equity Offering in the amount of AUD 0.692521 million. ARC Funds Limited has filed a Follow-on Equity Offering in the amount of AUD 0.692521 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,021,921
Price\Range: AUD 0.115
Transaction Features: Subsequent Direct Listing Announcement • Sep 16
ARC Funds Limited, Annual General Meeting, Oct 18, 2024 ARC Funds Limited, Annual General Meeting, Oct 18, 2024. Location: at the offices of k&l gates, level 31, 1 o`connell street, sydney, nsw 2000 Australia Board Change • Sep 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CEO & Director Scott Beeton was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 27
Full year 2024 earnings released: AU$0.023 loss per share (vs AU$0.032 loss in FY 2023) Full year 2024 results: AU$0.023 loss per share (improved from AU$0.032 loss in FY 2023). Net loss: AU$742.8k (loss narrowed 23% from FY 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. New Risk • Apr 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% 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 Shares are highly illiquid. Revenue is less than US$1m (AU$35k revenue, or US$23k). Market cap is less than US$10m (AU$5.08m market cap, or US$3.31m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Reported Earnings • Feb 22
First half 2024 earnings released: AU$0.013 loss per share (vs AU$0.023 loss in 1H 2023) First half 2024 results: AU$0.013 loss per share (improved from AU$0.023 loss in 1H 2023). Net loss: AU$401.2k (loss narrowed 42% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Board Change • Jan 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. 3 non-independent directors. Independent Non-Executive Director Darren Anderson was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 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. 3 non-independent directors. Independent Non-Executive Director Darren Anderson was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 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. 3 non-independent directors. Independent Non-Executive Director Darren Anderson was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 25
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 Darren Anderson was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 23
Full year 2023 earnings released: AU$0.032 loss per share (vs AU$0.02 loss in FY 2022) Full year 2023 results: AU$0.032 loss per share (further deteriorated from AU$0.02 loss in FY 2022). Net loss: AU$965.0k (loss widened 58% from FY 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Aug 22
ARC Funds Limited, Annual General Meeting, Oct 18, 2023 ARC Funds Limited, Annual General Meeting, Oct 18, 2023. Board Change • Jul 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. 3 non-independent directors. Independent Non-Executive Director Darren Anderson was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 10
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 Darren Anderson was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 23
First half 2023 earnings released: AU$0.023 loss per share (vs AU$0.01 loss in 1H 2022) First half 2023 results: AU$0.023 loss per share (further deteriorated from AU$0.01 loss in 1H 2022). Net loss: AU$691.0k (loss widened 138% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Feb 23
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 Darren Anderson was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 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. 3 non-independent directors. Independent Non-Executive Director Darren Anderson was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 30
Full year 2022 earnings released: AU$0.02 loss per share (vs AU$0.039 loss in FY 2021) Full year 2022 results: AU$0.02 loss per share. Net loss: AU$612.4k (loss widened 6.1% from FY 2021). 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 Director Darren Anderson was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 25
Full year 2022 earnings released: AU$0.02 loss per share (vs AU$0.039 loss in FY 2021) Full year 2022 results: AU$0.02 loss per share. Net loss: AU$612.4k (loss widened 6.1% from FY 2021). Board Change • Apr 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. 3 non-independent directors. Independent Director Darren Anderson was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 11
Executive Chairman & MD recently sold AU$149k worth of stock On the 9th of March, James Jackson sold around 497k shares on-market at roughly AU$0.30 per share. This was the largest sale by an insider in the last 3 months. This was James' only on-market trade for the last 12 months. Announcement • Nov 03
Australian Rural Capital Limited, Annual General Meeting, Jan 29, 2021 Australian Rural Capital Limited, Annual General Meeting, Jan 29, 2021, at 11:00 E. Australia Standard Time. 