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WNX

Wellnex LifeASX:WNX Stock Report

Market Cap

AU$30.3m

7D

0%

1Y

n/a

Updated

19 Oct, 2021

Data

Company Financials
WNX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

WNX Overview

Wellnex Life Limited engages in the manufacture and distribution of health and wellness products in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Wellnex Life
Historical stock prices
Current Share PriceAU$0.10
52 Week HighAU$0.097
52 Week LowAU$0.17
Beta0.66
1 Month Change-9.09%
3 Month Change-16.67%
1 Year Changen/a
3 Year Change-89.47%
5 Year Changen/a
Change since IPO-50.00%

Recent News & Updates

Shareholder Returns

WNXAU FoodAU Market
7D0%-0.1%1.7%
1Yn/a0.8%20.3%

Return vs Industry: Insufficient data to determine how WNX performed against the Australian Food industry.

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

Price Volatility

Is WNX's price volatile compared to industry and market?
WNX volatility
WNX Beta0.66
Industry Beta0.54
Market Beta1

Stable Share Price: WNX is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

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

About the Company

FoundedEmployeesCEOWebsite
2011n/aGeorge Karafotiashttps://wellnexlife.investorportal.com.au

Wellnex Life Limited engages in the manufacture and distribution of health and wellness products in Australia. It offers Uganic branded organic nutritional milk products; Simply 7 branded lentil chips; iron gummies; Wakey Wakey branded energy gummies; Little Innoscents branded organic baby skincare products; Wagner Liquigesic branded soft gel ibuprofen + paracetamol; Compeed branded plasters; EllaOne branded contraception medicine; and Performance Inspired branded nutrition and supplements products, as well as aromatherapy essential oils and domestic cleaning products. The company was formerly known as Wattle Health Australia Limited and changed its name to Wellnex Life Limited in June 2021.

Wellnex Life Fundamentals Summary

How do Wellnex Life's earnings and revenue compare to its market cap?
WNX fundamental statistics
Market CapAU$30.33m
Earnings (TTM)-AU$24.69m
Revenue (TTM)AU$1.43m

21.2x

P/S Ratio

-1.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WNX income statement (TTM)
RevenueAU$1.43m
Cost of RevenueAU$1.36m
Gross ProfitAU$74.00k
ExpensesAU$24.76m
Earnings-AU$24.69m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.081
Gross Margin5.16%
Net Profit Margin-1,721.62%
Debt/Equity Ratio-3,684.7%

How did WNX perform over the long term?

See historical performance and comparison

Valuation

Is Wellnex Life undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Wellnex Life is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Wellnex Life has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Wellnex Life forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.7%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Wellnex Life has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Wellnex Life performed over the past 5 years?

-45.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WNX is currently unprofitable.

Growing Profit Margin: WNX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WNX is unprofitable, and losses have increased over the past 5 years at a rate of 45.2% per year.

Accelerating Growth: Unable to compare WNX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WNX is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (45.2%).


Return on Equity

High ROE: WNX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Wellnex Life's financial position?


Financial Position Analysis

Short Term Liabilities: WNX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: WNX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: WNX has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: WNX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: WNX has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: WNX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.3% each year


Dividend

What is Wellnex Life current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate WNX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WNX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WNX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WNX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WNX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.3yrs

Average management tenure


CEO

George Karafotias

0.25

Tenure

AU$356,392

Compensation

Mr. George Karafotias, B.Com., serves as Chief Financial Officer of Wellnex Life Limited (formerly known as Wattle Health Australia Limited) and served as its Company Secretary until April 11, 2019. Mr. Ka...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD264.13K) is about average for companies of similar size in the Australian market ($USD301.95K).

Compensation vs Earnings: George's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: WNX's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: WNX's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.3%.


Top Shareholders

Company Information

Wellnex Life Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Wellnex Life Limited
  • Ticker: WNX
  • Exchange: ASX
  • Founded: 2011
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$30.331m
  • Shares outstanding: 303.31m
  • Website: https://wellnexlife.investorportal.com.au

Location

  • Wellnex Life Limited
  • Building 2
  • Level 3
  • Port Melbourne
  • Victoria
  • 3207
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:54
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.