Ovanti Past Earnings Performance

Past criteria checks 0/6

Ovanti's earnings have been declining at an average annual rate of -55.1%, while the Interactive Media and Services industry saw earnings growing at 28.3% annually. Revenues have been growing at an average rate of 8.3% per year.

Key information

-55.1%

Earnings growth rate

-25.1%

EPS growth rate

Interactive Media and Services Industry Growth	27.6%
Revenue growth rate	8.3%
Return on equity	-294.6%
Net Margin	-458.8%
Last Earnings Update	31 Dec 2023

Recent past performance updates

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

Revenue & Expenses Breakdown
Beta

How Ovanti makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ASX:OVT Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	8	-37	23
30 Sep 23	9	-37	23
30 Jun 23	10	-36	23
31 Mar 23	10	-22	14
31 Dec 22	10	-7	4
30 Sep 22	10	-8	5
30 Jun 22	10	-10	5
31 Mar 22	9	-9	4
31 Dec 21	8	-9	4
30 Sep 21	8	-7	3
30 Jun 21	7	-5	2
31 Mar 21	7	-4	2
31 Dec 20	6	-2	2
30 Sep 20	6	-3	2
30 Jun 20	6	-3	2
31 Mar 20	7	-3	2
31 Dec 19	7	-4	3
30 Sep 19	7	-4	3
30 Jun 19	7	-5	3
31 Mar 19	7	-4	2
31 Dec 18	8	-3	1
30 Sep 18	8	-2	1
30 Jun 18	9	-1	1
31 Mar 18	9	-7	1
31 Dec 17	9	-13	1
30 Sep 17	8	-13	1
30 Jun 17	8	-14	1
31 Mar 17	8	-7	1
31 Dec 16	9	0	1
30 Sep 16	9	1	1
30 Jun 16	10	2	1
31 Mar 16	10	2	1
31 Dec 15	10	2	1
30 Sep 15	9	1	1
30 Jun 15	9	0	1
31 Mar 15	9	1	1
31 Dec 14	9	1	1
30 Sep 14	9	1	1
30 Jun 14	8	2	1
30 Jun 13	6	0	1

Quality Earnings: OVT is currently unprofitable.

Growing Profit Margin: OVT is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: OVT is unprofitable, and losses have increased over the past 5 years at a rate of 55.1% per year.

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

Earnings vs Industry: OVT is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (-22.8%).

Return on Equity

High ROE: OVT has a negative Return on Equity (-294.58%), as it is currently unprofitable.

Ovanti Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

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

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

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

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

Recent updates

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

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta