Ovanti (ASX:OVT) - Stock Price, News & Analysis

OVT Stock Overview

Provides fintech and digital commerce software and services that enable institutional customers to authenticate end-user customers and process banking, purchase, and payment transactions in Australia, Malaysia, Singapore, and Indonesia. More details

OVT fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Earnings have declined by 45.3% per year over past 5 years

Shareholders have been substantially diluted in the past year

Highly volatile share price over the past 3 months compared to the Australian market

Significant insider selling over the past 3 months

+ 2 more risks

Ovanti Limited Competitors

RMA Global

ASX:RMY

AU$26.4m

Rent.com.au

ASX:RNT

AU$17.4m

Market

ASX:MKT

AU$46.5m

Tinybeans Group

ASX:TNY

AU$11.6m

Price History & Performance

Summary of all time highs, changes and price drops for Ovanti
Historical stock prices
Current Share Price	AU$0.026
52 Week High	AU$0.048
52 Week Low	AU$0.002
Beta	-0.29
11 Month Change	23.81%
3 Month Change	550.00%
1 Year Change	n/a
33 Year Change	-85.95%
5 Year Change	136.36%
Change since IPO	-87.87%

Recent updates

Is IOUpay (ASX:IOU) In A Good Position To Invest In Growth?

Jun 01

IOUpay (ASX:IOU) Is In A Good Position To Deliver On Growth Plans

Nov 28

Shareholder Returns

	OVT	AU Interactive Media and Services	AU Market
7D	-10.3%	2.6%	1.5%
1Y	n/a	42.0%	17.2%

Return vs Industry: Insufficient data to determine how OVT performed against the Australian Interactive Media and Services industry.

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

Price Volatility

Is OVT's price volatile compared to industry and market?
OVT volatility
OVT Average Weekly Movement	80.8%
Interactive Media and Services Industry Average Movement	7.4%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: OVT's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: OVT's weekly volatility has increased from 59% to 81% over the past year.

About the Company

Founded	Employees	CEO	Website
2000	57	n/a	www.ovanti.com

Ovanti Limited provides fintech and digital commerce software and services that enable institutional customers to authenticate end-user customers and process banking, purchase, and payment transactions in Australia, Malaysia, Singapore, and Indonesia. It offers mobility solutions, including Mobility2U, a SMS messaging and email marketing platform for digital communication; Bulk API, which integrates into different systems that offers specific routing, asynchronous processing, and robust audit trail features; and Managed Service Blasting, an automated marketing solution used in sharing content and contacts. The company also provides 2-Way SMS that provides interactive marketing, contests, surveys, and instant text message replies; and Mobile Backend as a Service, that allows enterprises to integrate mobile app data and functionality into backend and cloud storage, as well as offers full-cycle mobile application development services.

Ovanti Limited Fundamentals Summary

How do Ovanti's earnings and revenue compare to its market cap?
OVT fundamental statistics
Market cap	AU$42.02m
Earnings (TTM)	-AU$5.95m
Revenue (TTM)	AU$6.04m

6.7x

P/S Ratio

-6.8x

P/E Ratio

Is OVT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OVT income statement (TTM)
Revenue	AU$6.04m
Cost of Revenue	AU$6.88m
Gross Profit	-AU$832.62k
Other Expenses	AU$5.12m
Earnings	-AU$5.95m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0038
Gross Margin	-13.78%
Net Profit Margin	-98.43%
Debt/Equity Ratio	11.0%

How did OVT perform over the long term?

See historical performance and comparison

OVT Stock Overview

Risk Analysis

Ovanti Limited Competitors

ASX:RMY

AU$26.4m

ASX:RNT

AU$17.4m

ASX:MKT

AU$46.5m

ASX:TNY

AU$11.6m

Price History & Performance

Recent News & Updates

Executive Director recently bought AU$437k worth of stock

Executive Director recently sold AU$1.6m worth of stock

Ovanti Limited, Annual General Meeting, Nov 27, 2024

Full year 2024 earnings released: AU$0.006 loss per share (vs AU$0.064 loss in FY 2023)

Full year 2024 earnings released: AU$0.006 loss per share (vs AU$0.064 loss in FY 2023)

Ovanti Limited announced that it expects to receive $1.2 million in funding

Recent updates

Executive Director recently bought AU$437k worth of stock

Executive Director recently sold AU$1.6m worth of stock

Ovanti Limited, Annual General Meeting, Nov 27, 2024

Full year 2024 earnings released: AU$0.006 loss per share (vs AU$0.064 loss in FY 2023)

Full year 2024 earnings released: AU$0.006 loss per share (vs AU$0.064 loss in FY 2023)

Ovanti Limited announced that it expects to receive $1.2 million in funding

Less than half of directors are independent

Ovanti Limited has filed a Follow-on Equity Offering in the amount of AUD 0.175 million.

Ovanti Limited announced that it expects to receive AUD 0.175 million in funding

Ovanti Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.

Ovanti Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.

IOUpay Limited announced that it expects to receive AUD 0.83 million in funding

IOUpay Limited has completed a Follow-on Equity Offering in the amount of AUD 0.7 million.

IOUpay Limited, Annual General Meeting, Jan 24, 2024

IOUpay Limited Announces Board Changes

IOUpay Limited has filed a Follow-on Equity Offering in the amount of AUD 0.7 million.

IOUpay Limited has completed a Follow-on Equity Offering in the amount of AUD 0.65 million.

IOUpay Limited has completed a Follow-on Equity Offering in the amount of AUD 0.65 million.

IOUpay Limited Announces Change of Company Secretary

IOUpay Limited Announces Director Changes

Less than half of directors are independent

First half 2023 earnings released: AU$0.004 loss per share (vs AU$0.009 loss in 1H 2022)

IOUpay Limited Announces Cessation of Byung Moo Shin as Director

IOUpay Limited, Annual General Meeting, Nov 24, 2022

Full year 2022 earnings released: AU$0.018 loss per share (vs AU$0.011 loss in FY 2021)

Full year 2022 earnings released: AU$0.017 loss per share (vs AU$0.011 loss in FY 2021)

IOUpay Limited Announces Executive Changes

Is IOUpay (ASX:IOU) In A Good Position To Invest In Growth?

First half 2022 earnings: Revenues and EPS in line with analyst expectations

IOUpay (ASX:IOU) Is In A Good Position To Deliver On Growth Plans

Full year 2021 earnings released: AU$0.011 loss per share (vs AU$0.014 loss in FY 2020)

IOUpay Limited agreed to acquire a 42% stake in IDSB Digital Sdn. Bhd. for approximately MYR 130 million.

Full year 2021 earnings released: AU$0.011 loss per share (vs AU$0.014 loss in FY 2020)

IOUpay Limited Announces Executive Appointments

IOUpay Partners with EasyStore to provide BNPL services

New 90-day high: AU$0.23

IOUpay Limited Appoints Byung Moo Shin as Director

IOUpay Limited, Annual General Meeting, Jan 11, 2021

IOUpay Limited Appoints Datuk Khairul Idham Bin Ismail to the Company's Board of Directors

IOUpay Limited has completed a Follow-on Equity Offering in the amount of AUD 10.044619 million.

New 90-day high: AU$0.24

Full year earnings released - AU$0.014 loss per share

IOUpay Limited announced that it has received AUD 1.517531 million in funding

iSentric Limited Announces Resignation of Guojin Bai as Director

iSentric Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.

Full year earnings released - AU$0.013 loss per share

Shareholder Returns

Price Volatility

About the Company

Ovanti Limited Fundamentals Summary

6.7x

-6.8x

Earnings & Revenue