Announcement • Feb 10
hipages Group Holdings Limited to Report First Half, 2026 Results on Feb 24, 2026 hipages Group Holdings Limited announced that they will report first half, 2026 results on Feb 24, 2026 Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to AU$1.28, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 45x in the Interactive Media and Services industry in Australia. Total loss to shareholders of 11% over the past three years. Reported Earnings • Aug 23
Full year 2025 earnings released: EPS: AU$0.018 (vs AU$0.027 in FY 2024) Full year 2025 results: EPS: AU$0.018 (down from AU$0.027 in FY 2024). Revenue: AU$83.2m (up 9.2% from FY 2024). Net income: AU$2.39m (down 33% from FY 2024). Profit margin: 2.9% (down from 4.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Interactive Media and Services industry in Australia. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Aug 18
hipages Group Holdings Limited, Annual General Meeting, Nov 06, 2025 hipages Group Holdings Limited, Annual General Meeting, Nov 06, 2025. Announcement • Jul 23
hipages Group Holdings Limited to Report Fiscal Year 2025 Results on Aug 22, 2025 hipages Group Holdings Limited announced that they will report fiscal year 2025 results on Aug 22, 2025 Announcement • Feb 17
hipages Group Holdings Limited to Report First Half, 2025 Results on Feb 20, 2025 hipages Group Holdings Limited announced that they will report first half, 2025 results on Feb 20, 2025 Announcement • Sep 09
hipages Group Holdings Limited, Annual General Meeting, Nov 07, 2024 hipages Group Holdings Limited, Annual General Meeting, Nov 07, 2024. Reported Earnings • Aug 22
Full year 2024 earnings released Full year 2024 results: Revenue: AU$75.8m (up 13% from FY 2023). Net income: AU$3.56m (up AU$8.71m from FY 2023). Profit margin: 4.7% (up from net loss in FY 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Interactive Media and Services industry in Australia. Announcement • Aug 08
hipages Group Holdings Limited to Report Fiscal Year 2024 Results on Aug 22, 2024 hipages Group Holdings Limited announced that they will report fiscal year 2024 results on Aug 22, 2024 New Risk • May 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% 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: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (AU$147.4m market cap, or US$97.8m). Reported Earnings • Feb 27
First half 2024 earnings released: EPS: AU$0.027 (vs AU$0.011 loss in 1H 2023) First half 2024 results: EPS: AU$0.027 (up from AU$0.011 loss in 1H 2023). Revenue: AU$37.8m (up 16% from 1H 2023). Net income: AU$3.71m (up AU$5.20m from 1H 2023). Profit margin: 9.8% (up from net loss in 1H 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Interactive Media and Services industry in Australia. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Feb 16
Now 22% undervalued Over the last 90 days, the stock has risen 33% to AU$0.93. The fair value is estimated to be AU$1.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 39%. Announcement • Feb 09
Hipages Group Holdings Limited to Report First Half, 2024 Results on Feb 22, 2024 Hipages Group Holdings Limited announced that they will report first half, 2024 results on Feb 22, 2024 Announcement • Nov 23
An unknown buyer completed the acquisition of 19.5% stake in PropTech Labs. An unknown buyer entered into an agreement to acquire 19.5% stake in PropTech Labs for AUD 8.4 million on October 26, 2023. The timing of completion is conditional on other PropTech Lab shareholders waiving their pre-emptive rights under the shareholders agreement or participating in the divestment. The transaction is expected to complete in December 2023.An unknown buyer completed the acquisition of 19.5% stake in PropTech Labs on November 22, 2023. Buying Opportunity • Nov 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be AU$0.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 39%. Announcement • Oct 28
An unknown buyer entered into an agreement to acquire 19.5% stake in PropTech Labs for AUD 8.4 million. An unknown buyer entered into an agreement to acquire 19.5% stake in PropTech Labs for AUD 8.4 million on October 26, 2023. The timing of completion is conditional on other PropTech Lab shareholders waiving their pre-emptive rights under the shareholders agreement or participating in the divestment. The transaction is expected to complete by December 2023. Buying Opportunity • Oct 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be AU$0.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 39%. Announcement • Sep 22
Hipages Group Holdings Limited, Annual General Meeting, Nov 09, 2023 Hipages Group Holdings Limited, Annual General Meeting, Nov 09, 2023, at 10:00 AUS Eastern Standard Time. Board Change • Sep 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Founder, CEO & Director Roby Sharon-Zipser is the most experienced director on the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 25
Full year 2023 earnings released: AU$0.039 loss per share (vs AU$0.007 loss in FY 2022) Full year 2023 results: AU$0.039 loss per share (further deteriorated from AU$0.007 loss in FY 2022). Revenue: AU$67.0m (up 8.3% from FY 2022). Net loss: AU$5.14m (loss widened 465% from FY 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Interactive Media and Services industry in Australia. Announcement • Aug 24
Hipages Group Holdings Limited Provides Earnings Guidance for the Fiscal Year 2024 Hipages Group Holdings Limited provided earnings guidance for the fiscal year 2024. For the year, the Group targets revenue growth in the low teens. Announcement • Aug 21
Hipages Group Holdings Limited Announces Board Changes, Effect from 25 August 2023 hipages Group Holdings Limited announced the appointment of Ms. Kate Hill as an Independent Non-Executive Director with effect from 25 August 2023. Kate is an accountant and public company director with over 30 years' experience working with listed and private companies, including over 20 years as an audit partner with Deloitte in Australia. She has extensive audit and capital markets experience, including Initial Public Offerings, capital raising, governance and compliance. She held a variety of leadership and executive roles within Deloitte, including serving for a period on the Board of Partners of the Australian firm. Kate is an Independent Non-Executive Director of Count Limited, where she is also Chair of the Audit and Risk Committee and a member of the Acquisitions Committee. She is also an Independent Non-Executive Director of Artrya Limited and of MedAdviser Limited, where she is the Chair of the Audit and Risk Committee and a member of the Remuneration and Nominations Committee, as well as Chair of UK-listed Seeing Machines Limited, where she is a member of the Finance and Risk Committee, and the People and Culture Committee. Kate holds a Bachelor of Science (Hons) from Bristol University, is a member of the Institute of Chartered Accountants in Australia and New Zealand, and a graduate of the Australian Institute of Company Directors. Kate will become Chair of the hipages Group Audit and Risk Committee, succeeding Stacey Brown who retires from the Board in August to take up an executive role as Chief Financial Officer of the Foxtel Group (NXE Australia Pty Ltd). Announcement • Aug 18
Hipages Group Holdings Limited to Report Fiscal Year 2023 Results on Aug 24, 2023 Hipages Group Holdings Limited announced that they will report fiscal year 2023 results on Aug 24, 2023 Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Adir Shiffman was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 07
hipages Group Holdings Limited Announces Board Changes hipages Group Holdings Limited announced changes to its Board of Directors. Adir Shiffman has been appointed as an Independent Non-Executive Director, effective 7 July 2023. Adir is an accomplished technology sector founder, investor, and the Executive Chairman of ASX-listed global athlete analytics business Catapult Sports. A registered medical practitioner with a particular interest in subscription software, e-commerce and health technology, he has advised many of Australia's largest companies, startups and early-stage companies on their online strategy and execution. Adir holds a Bachelor of Medicine, Bachelor of Surgery from Monash University. Having stepped down as Chair in August 2022 after serving as a director since 2020, Chris Knoblanche AM will retire from the Board as planned after the announcement of the Company's fiscal year 2023 full year financial results on 24 August 2023. The Board also announced that Audit and Risk Committee Chair, Stacey Brown, has been appointed Chief Financial Officer of Foxtel Group and is scheduled to commence in the role in August. As a result, she will step down from the Board after the announcement of the Company's fiscal year 2023 full year financial results. A search process for a new director is currently underway. Breakeven Date Change • Mar 22
Forecast breakeven date pushed back to 2024 The 5 analysts covering Hipages Group Holdings previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of AU$633.3k in 2024. Average annual earnings growth of 66% is required to achieve expected profit on schedule. Board Change • Mar 22
High number of new directors Independent Non-Executive Director Kate Mills was the last director to join the board, commencing their role in 2022. 
