New Risk • Jun 03
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -AU$1.7m This is considered a minor 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 Risk Earnings have declined by 37% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$1.7m). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (AU$22.1m market cap, or US$15.9m). Price Target Changed • Mar 17
Price target decreased by 71% to AU$5.00 Down from AU$17.50, the current price target is provided by 1 analyst. New target price is 150% above last closing price of AU$2.00. Stock is up 100% over the past year. The company posted a net loss per share of AU$0.22 last year. Board Change • Mar 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Chairman Michael Anthony Brown was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 23
Aspermont Limited, Annual General Meeting, Feb 23, 2026 Aspermont Limited, Annual General Meeting, Feb 23, 2026, at 16:00 Singapore Standard Time. Location: at 27b, 9 battery road, singapore,049910, and via zoom, Singapore Board Change • Jan 05
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. 4 non-independent directors. Independent Director Graeme McCracken was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 01
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. 2 non-independent directors. Independent Director Graeme McCracken was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 12
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. 2 non-independent directors. Independent Director Graeme McCracken was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Nov 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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. Earnings have declined by 20% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (AU$23.3m market cap, or US$15.2m). Announcement • Aug 29
Aspermont Limited has filed a Follow-on Equity Offering in the amount of AUD 1.25 million. Aspermont Limited has filed a Follow-on Equity Offering in the amount of AUD 1.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 178,571,428
Price\Range: AUD 0.007 Announcement • Aug 21
Aspermont Limited has filed a Follow-on Equity Offering in the amount of AUD 1.75 million. Aspermont Limited has filed a Follow-on Equity Offering in the amount of AUD 1.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 250,000,000
Price\Range: AUD 0.007
Transaction Features: Subsequent Direct Listing New Risk • May 31
New major risk - Revenue and earnings growth Earnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 20% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$1.5m). Market cap is less than US$100m (AU$20.1m market cap, or US$13.0m). Price Target Changed • May 12
Price target decreased by 57% to AU$0.03 Down from AU$0.07, the current price target is provided by 1 analyst. New target price is 500% above last closing price of AU$0.005. Stock is down 50% over the past year. The company posted a net loss per share of AU$0.00076 last year. Price Target Changed • Apr 14
Price target decreased by 57% to AU$0.03 Down from AU$0.07, the current price target is provided by 1 analyst. New target price is 650% above last closing price of AU$0.004. Stock is down 69% over the past year. The company posted a net loss per share of AU$0.00076 last year. Announcement • Jan 28
Aspermont Limited, Annual General Meeting, Feb 25, 2025 Aspermont Limited, Annual General Meeting, Feb 25, 2025, at 15:00 Singapore Standard Time. Location: hybrid meeting, 82 cecil street, 23 02 frasers tower,069547, Singapore Reported Earnings • Nov 28
Full year 2024 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in FY 2023) Full year 2024 results: AU$0.001 loss per share (in line with FY 2023). Revenue: AU$17.5m (down 9.2% from FY 2023). Net loss: AU$1.87m (loss widened 10% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 31 percentage points per year, which is a significant difference in performance. New Risk • Nov 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.1m (US$9.85m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$2.9m free cash flow). Shares are highly illiquid. Market cap is less than US$10m (AU$15.1m market cap, or US$9.85m). Minor Risk Shareholders have been diluted in the past year (3.1% increase in shares outstanding). New Risk • Oct 24
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$2.9m 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$2.9m free cash flow). Shares are highly illiquid. Minor Risks Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Market cap is less than US$100m (AU$20.1m market cap, or US$13.4m). New Risk • Aug 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% 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 Risk Shares are highly illiquid. Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$2.9m). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (AU$22.5m market cap, or US$14.7m). New Risk • Jun 05
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -AU$2.3m This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (29% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$2.3m). Market cap is less than US$100m (AU$22.1m market cap, or US$14.7m). Announcement • Jan 29
Aspermont Limited, Annual General Meeting, Feb 27, 2024 Aspermont Limited, Annual General Meeting, Feb 27, 2024, at 15:00 W. Australia Standard Time. Location: 613-619 Wellington Street,Perth Perth Australia Agenda: To discuss adoption of remuneration report; to discuss election of director; to re-election of director; to approval of 7.1A mandate; to discuss issue of performance rights to director; and to discuss to renewal of proportional takeover provisions in the constitution. New Risk • Jan 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.6m (US$9.65m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (AU$14.6m market cap, or US$9.65m). Price Target Changed • Jan 12
Price target decreased by 27% to AU$0.08 Down from AU$0.11, the current price target is provided by 1 analyst. New target price is 900% above last closing price of AU$0.008. Stock is down 60% over the past year. The company posted a net loss per share of AU$0.0007 last year. Reported Earnings • Dec 24
Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0 in FY 2022) Full year 2023 results: AU$0.001 loss per share (further deteriorated from AU$0 in FY 2022). Revenue: AU$19.2m (up 2.8% from FY 2022). Net loss: AU$1.70m (loss widened 297% from FY 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Media industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Price Target Changed • Dec 20
Price target decreased by 27% to AU$0.08 Down from AU$0.11, the current price target is provided by 1 analyst. New target price is 700% above last closing price of AU$0.01. Stock is down 50% over the past year. The company posted a net loss per share of AU$0.00038 last year. Reported Earnings • Dec 01
Full year 2023 earnings released: EPS: AU$0 (vs AU$0 in FY 2022) Full year 2023 results: EPS: AU$0 (in line with FY 2022). Revenue: AU$19.2m (up 2.8% from FY 2022). Net loss: AU$921.0k (loss widened 115% from FY 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Media industry in Australia. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Oct 12
Aspermont Limited Appoints John Stark as Alternate Director The Board of Aspermont Limited announced the appointment of Mr. John Stark as an Alternate Director to Mr. Alex Kent. Announcement • Oct 11
Aspermont Limited Announces Appointment of David Straface as Company Secretary Aspermont Limited announced that Mr. David Straface has been appointed as Company Secretary. Mr. Straface is a company director, advisor and lawyer with over 20 years' experience in the corporate finance industry. He is a Fellow of the Financial Services Institute of Australasia, and was previously Aspermont's Company Secretary from July 2016 to February 2020. Reported Earnings • May 31
First half 2023 earnings released: EPS: AU$0 (vs AU$0 in 1H 2022) First half 2023 results: EPS: AU$0 (in line with 1H 2022). Revenue: AU$9.36m (flat on 1H 2022). Net loss: AU$916.0k (loss widened 445% from 1H 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Media industry in Australia. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Price Target Changed • May 31
Price target increased by 10.0% to AU$0.11 Up from AU$0.10, the current price target is provided by 1 analyst. New target price is 633% above last closing price of AU$0.015. Stock is down 29% over the past year. The company posted a net loss per share of AU$0.00018 last year. Announcement • Jan 30
Aspermont Limited, Annual General Meeting, Feb 28, 2023 Aspermont Limited, Annual General Meeting, Feb 28, 2023, at 08:30 E. Australia Standard Time. Location: 613-619 Wellington Street Perth Western Australia Australia Agenda: To approve financial statements and reports; to approve adoption of remuneration report; to elect and re-elect directors; to approve 7.1A Mandate; to approve issue of performance rights to directors; to approve ratification of prior issue of options; to adopt incentive performance rights plan; and to consider other matters. Reported Earnings • Dec 01
Full year 2022 earnings released: EPS: AU$0 (vs AU$0 in FY 2021) Full year 2022 results: EPS: AU$0 (in line with FY 2021). Revenue: AU$18.7m (up 17% from FY 2021). Net loss: AU$429.0k (down 473% from profit in FY 2021). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Media industry in Australia. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 24
Price target increased to AU$0.11 Up from AU$0.09, the current price target is provided by 1 analyst. New target price is 358% above last closing price of AU$0.024. Stock is up 14% over the past year. The company posted earnings per share of AU$0.000048 last year. Board Change • Nov 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Tricia Klinger was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 27
Aspermont Appoints Ana Gyorkos as Group Content Director Aspermont created a new position, Group Content Director (GCD), to manage group content on a global basis. The new GCD will be responsible for Aspermont content functions, across all formats; editorial, research, events, agency, and data. This appointment is in line with Aspermont's stated intent to develop new products and services globally across its main B2B sectors. Ana Gyorkos previously worked at Global Data Plc, where she was responsible for eleven B2B subscription titles across various sectors including, finance, mining, technology, pharmaceutical, defence and consumer. Ana has advantageous experience working within the niche vertical markets in which Aspermont focus, aligning her experience to successfully lead as Group Content Director. Announcement • Aug 03
Aspermont Limited Announces Passing of Ian Hart, Chief Content and Strategy Officer Aspermont Limited announced the passing of Ian Hart, Chief Content and Strategy Officer. Reported Earnings • May 20
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down AU$328.0k from profit in 1H 2021). Profit margin: (down from 4.5% in 1H 2021). Over the next year, revenue is forecast to grow 44%, compared to a 9.2% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target increased to AU$0.11 Up from AU$0.09, the current price target is provided by 1 analyst. New target price is 479% above last closing price of AU$0.019. Stock is down 37% over the past year. The company posted earnings per share of AU$0.000048 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Tricia Klinger was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 19
Aspermont Appoints Dean Felton as Non-Executive Director, Effective 19 April 2022 Aspermont Limited announced that Dean Felton has been appointed as a Non-Executive Director of the company with effect from 19 April 2022. Dean Felton, has over 25 years of mining industry experience with senior management and consulting roles at Rio Tinto, BHP and Vale. Dean brings additional knowledge capital and technological expertise to Aspermont from his recent senior management roles at Accenture and Ernst & Young. Buying Opportunity • Feb 23
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be AU$0.026, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company has become profitable over the last year. Announcement • Jun 04
Aspermont Launches Digging For Climate Change Aspermont has launched a new multimedia product, `Digging for Climate Change' (DFCC). DFCC is its second live microsite and follows the successful launch of its Mining Journal Stakeholder Engagement programme (MJSEP) over 2020/2021. Announcement • Mar 04
Aspermont Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Aspermont Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 100,000,000
Price\Range: AUD 0.03
Discount Per Security: AUD 0.006
Transaction Features: Subsequent Direct Listing Executive Departure • Mar 04
Independent Director has left the company On the 2nd of March, Clayton Witter's tenure as Independent Director ended after 3.8 years in the role. As of December 2020, Clayton personally held only 5.93m shares (AU$47k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Mar 04
Independent Director has left the company On the 2nd of March, Christian Adam West's tenure as Independent Director ended after 3.8 years in the role. As of December 2020, Christian Adam personally held 9.01m shares (AU$72k worth at the time). A total of 2 executives have left over the last 12 months. Announcement • Mar 03
Aspermont Limited Announces Board Changes Aspermont announced that Non-Executive Directors, Clayton Witter, and Christian West are to step down from the Board following the conclusion of today's AGM. Clayton Witter and Christian West both joined the Asper mont board in May 2017. Aspermont announced the appointment of a new company director. Tricia Klinger, based in Australia, joins the Board as a Non- Executive Director. Tricia has over 20 years business experience in digital marketing and communications, including publications, sponsorship, and events with some high-profile consumer and B2B brands in Asia and Australia. Tricia is an experienced Non-Executive Director and currently serves on the board of Procurement Australia, one of Australia's largest procurement aggregators and of Rigetti Australia, a leading quantum computing hardware provider. Tricia is a member of the Australian Institute of Company Directors, holds a Bachelor of Economics Degree (Sydney University) and a Master of Commerce degree in Marketing (UNSW). Tricia will join the board at the conclusion of AGM on 2 March 2021. Announcement • Feb 02
Aspermont Limited, Annual General Meeting, Mar 02, 2021 Aspermont Limited, Annual General Meeting, Mar 02, 2021, at 16:00 W. Australia Standard Time. Location: Boardroom, 613-619 Wellington Street Perth Western Australia Australia Agenda: To adopt Remuneration Report; to re-elect Andrew Kent, a Director; to adopt performance rights plan; to consider new Constitution; and to consider other matters thereon. Announcement • Jul 07
Aspermont Limited has completed a Follow-on Equity Offering in the amount of AUD 1.061726 million. Aspermont Limited has completed a Follow-on Equity Offering in the amount of AUD 1.061726 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 151,675,118
Price\Range: AUD 0.007
Discount Per Security: AUD 0.00035
Transaction Features: Rights Offering