Announcement • Jul 11
Axtec Limited Announces the Appointment of David Goddard as A Non-Executive Director of the Company, Effective from 9 July 2026 Axtec Limited announced the appointment of Mr. David Goddard as a Non-Executive Director of the Company, effective from 9 July 2026. Mr. Goddard is an experienced executive with more than 25 years' experience across banking, advisory and operating businesses in Australia and Asia. His career has included senior leadership roles with Commonwealth Bank of Australia and Vietnam International Bank, executive positions within emerging technology businesses, and advisory work with founders, boards and investors on growth, governance and capital management. He holds a Master of Applied Finance and Investment and a Bachelor of Economics from the University of Sydney. Board Change • Jun 09
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. 3 non-independent directors. Independent Non-Executive Director Ying Chun Liu was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 04
Axtec Limited Announces Management Changes Axtec Limited announced that the results of the Extraordinary General Meeting held on June 4, 2026 announced the appointment of Company Secretary, Ms. Kamille Dietrich of Automic Group, effective June 4, 2026. Ms. Dietrich is an experienced Company Secretary and, as a member of Automic Group's Company Secretarial team, acts as Company Secretary to ASX listed and unlisted public companies across a range of industries. Following Ms. Dietrich's appointment, the Company advised that Mr. Brad Melman has stepped down as Company Secretary, effective June 4, 2026. Mr. Melman will remain as Chief Operating Officer until 3 July 2026. Announcement • Apr 03
Axtec Limited has completed a Follow-on Equity Offering in the amount of AUD 0.315 million. Axtec Limited has completed a Follow-on Equity Offering in the amount of AUD 0.315 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,000,000
Price\Range: AUD 0.015
Transaction Features: Subsequent Direct Listing Announcement • Apr 01
Axtec Limited has filed a Follow-on Equity Offering in the amount of AUD 0.315 million. Axtec Limited has filed a Follow-on Equity Offering in the amount of AUD 0.315 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,000,000
Price\Range: AUD 0.015
Transaction Features: Subsequent Direct Listing New Risk • Mar 01
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m (AU$5.0k revenue, or US$3.6k). Market cap is less than US$10m (AU$7.87m market cap, or US$5.60m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). New Risk • Jan 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 57% per year over the past 5 years. Market cap is less than US$10m (AU$6.30m market cap, or US$4.21m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Revenue is less than US$5m (AU$3.3m revenue, or US$2.2m). New Risk • Dec 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% 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 Earnings have declined by 57% per year over the past 5 years. Market cap is less than US$10m (AU$6.82m market cap, or US$4.58m). Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Revenue is less than US$5m (AU$3.3m revenue, or US$2.2m). Announcement • Oct 14
Axiom Properties Limited has completed a Follow-on Equity Offering in the amount of AUD 1.3785 million. Axiom Properties Limited has completed a Follow-on Equity Offering in the amount of AUD 1.3785 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 64,900,000
Price\Range: AUD 0.015
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,000,000
Price\Range: AUD 0.015
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 30
Full year 2025 earnings released: AU$0.005 loss per share (vs AU$0.011 loss in FY 2024) Full year 2025 results: AU$0.005 loss per share (improved from AU$0.011 loss in FY 2024). Revenue: AU$4.20m (up 166% from FY 2024). Net loss: AU$2.25m (loss narrowed 55% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance. Announcement • Aug 27
Axiom Properties Limited, Annual General Meeting, Nov 13, 2025 Axiom Properties Limited, Annual General Meeting, Nov 13, 2025. Location: jgs property, level 34, 60 margaret street, sydney nsw 2000 Australia Board Change • Jul 21
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. 3 non-independent directors. Independent Non-Executive Director Ying Chun Liu was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$13.0m (US$8.36m) 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. Earnings have declined by 47% per year over the past 5 years. Market cap is less than US$10m (AU$13.0m market cap, or US$8.36m). Minor Risk Revenue is less than US$5m (AU$5.1m revenue, or US$3.3m). Board Change • May 29
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. 3 non-independent directors. Independent Non-Executive Director Ying Chun Liu was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 07
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. 3 non-independent directors. Independent Non-Executive Director Ying Chun Liu was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 26
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. 3 non-independent directors. Independent Non-Executive Director Ying Chun Liu was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 25
Axiom Properties Limited Announces Resignation of Tracy Le as Director Axiom Properties Limited announced that Tracy Le, a director of the Company has resigned from the Board given her increasing responsibilities as Director of M & A with Banyan Software. Announcement • Feb 12
Axiom Properties Limited Announces CFO Changes Axiom Properties Limited announced the appointment of Chief Financial Officer, Mr. Michael Alperstein, effective 10 February 2025. Mr. Alperstein replaces previous Chief Financial Officer, Mr. Paul Santinon, who worked at the Company for over 12 years and been assisting the Company in facilitating a smooth transition of the role. Michael will be based in Axiom's Sydney office. New Risk • Jan 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.1m (US$9.42m) 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. Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m (AU$1.6m revenue, or US$982k). Market cap is less than US$10m (AU$15.1m market cap, or US$9.42m). New Risk • Dec 18
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: AU$1.6m (US$997k) This is considered a major risk. Companies with a small amount of revenue 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. Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m (AU$1.6m revenue, or US$997k). Minor Risk Market cap is less than US$100m (AU$17.3m market cap, or US$10.9m). Recent Insider Transactions • Oct 03
MD & Executive Director recently bought AU$56k worth of stock On the 30th of September, Benjamin Laurance bought around 1m shares on-market at roughly AU$0.056 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$197k. Benjamin has been a buyer over the last 12 months, purchasing a net total of AU$126k worth in shares. New Risk • Aug 24
New major risk - Revenue and earnings growth Earnings have declined by 24% 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 Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Revenue is less than US$5m (AU$1.6m revenue, or US$1.1m). Market cap is less than US$100m (AU$28.1m market cap, or US$19.1m). Reported Earnings • Aug 24
Full year 2024 earnings released: AU$0.011 loss per share (vs AU$0.008 loss in FY 2023) Full year 2024 results: AU$0.011 loss per share (further deteriorated from AU$0.008 loss in FY 2023). Revenue: AU$1.58m (down 28% from FY 2023). Net loss: AU$4.97m (loss widened 45% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Announcement • Jun 28
Axiom Properties Limited (ASX:AXI) acquired Listsure Pty Ltd for AUD 2 million. Axiom Properties Limited (ASX:AXI) acquired Listsure Pty Ltd for AUD 2 million on June 28, 2024. A cash consideration of AUD 2 million will be paid by Axiom Properties Limited. Axiom Properties Limited (ASX:AXI) completed the acquisition of Listsure Pty Ltd on June 28, 2024 Announcement • May 01
Axiom Properties Limited, Annual General Meeting, Nov 20, 2024 Axiom Properties Limited, Annual General Meeting, Nov 20, 2024. Board Change • Feb 23
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Ying Chun Liu was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 19
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Ying Chun Liu was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Ying Chun Liu was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 21
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Ying Chun Liu was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Aug 18
Axiom Properties Limited, Annual General Meeting, Nov 15, 2023 Axiom Properties Limited, Annual General Meeting, Nov 15, 2023, at 11:30 Cen. Australia Standard Time. Location: Level 1, Leigh Chambers, 20 Leigh Street Adelaide South Australia Australia Board Change • May 31
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Ying Chun Liu was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 18
First half 2023 earnings released: AU$0.004 loss per share (vs AU$0.014 profit in 1H 2022) First half 2023 results: AU$0.004 loss per share (down from AU$0.014 profit in 1H 2022). Revenue: AU$1.04m (down 98% from 1H 2022). Net loss: AU$1.66m (down 128% from profit in 1H 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Ying Chun Liu was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 20
Full year 2022 earnings released: EPS: AU$0.013 (vs AU$0.028 in FY 2021) Full year 2022 results: EPS: AU$0.013 (down from AU$0.028 in FY 2021). Revenue: AU$65.6m (up 9.7% from FY 2021). Net income: AU$5.50m (down 55% from FY 2021). Profit margin: 8.4% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Aug 19
Axiom Properties Limited, Annual General Meeting, Nov 16, 2022 Axiom Properties Limited, Annual General Meeting, Nov 16, 2022, at 11:30 Cen. Australia Standard Time. Location: Level 1, Leigh Chambers, 20 Leigh Street Adelaide Australia Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Ying Chun Liu was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 21
First half 2022 earnings: EPS misses analyst expectations First half 2022 results: EPS: AU$0.014 (up from AU$0.013 in 1H 2021). Revenue: AU$48.3m (up 64% from 1H 2021). Net income: AU$6.03m (up 8.4% from 1H 2021). Profit margin: 13% (down from 19% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 30
Inaugural dividend of AU$0.04 per share Eligible shareholders must have bought the stock before 07 December 2021. Payment date: 15 December 2021. This is the first dividend for Axiom Properties since going public. The average dividend yield among industry peers is 2.5%. Reported Earnings • Aug 22
Full year 2021 earnings released: EPS AU$0.028 (vs AU$0.001 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: AU$59.8m (up AU$59.2m from FY 2020). Net income: AU$12.2m (up AU$11.8m from FY 2020). Profit margin: 20% (down from 66% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Jun 25
Axiom Properties Limited Provides A Further Update on Its Large Format Retail Project in Butler WA Axiom Properties Limited provides a further update on its large format retail project in Butler WA. The company announced that it has successfully settled the purchase of the major lot (Lot 2813) within the wider land holding of the Woolworths Butler Central Shopping Centre for $8,787,174.00. The purchase enables the Company to commence construction of the project in accordance with the construction program, expected to commence on site in mid July 2021. The purchase of the 2.7 hectare site was funded from existing cash reserves. The Company also has a contract to purchase 2 additional pad site lots, expected to be settled by early October. As previously advised, the project continues to generate strong interest from national and local retailers in the large format retail sector, a sector which has generally benefited greatly from the Covid 19related circumstances of the past year. The Company's large format retail project sits adjacent to the Woolworths Butler Central Shopping Centre which is currently under contract to Charter Hall and expected to settle in July 2021. When fully developed, the integrated Centre will comprise approximately 25,000 sq.m of convenience and large format retail, making it the dominant retail centre within the Butler area, sitting adjacent to the Butler train station. Announcement • Jun 09
Axiom Properties Limited Provides Update on Large Format Retail Project Butler, WA Axiom Properties Limited provided an update on its large format retail project in Butler WA. The 3 hectare development site that the Company agreed to conditionally purchase in July 2019 sits alongside the existing Woolworths Shopping Centre and adjacent to the Butler Train Station. The Company advises it has satisfied itself of all outstanding conditions and will proceed with settlement of the property with Woolworths' development arm, Fabcot. Settlement is expected to occur on 24th June and Axiom will fund the (approximately) $8.5 million land purchase from existing cash reserves. The project, which was approved for development in May 2020, has received strong interest from national retailers since being launched midlast year. Notwithstanding the current Covidrelated restrictions, the project is currently approximately 60% pre committed with some of Australia's strongest large format retailers. Construction is expected to commence in early July 2021. Generally, the large format retail sector has outperformed during the current pandemic as evidenced by many national retailers recording strong sales growth in their relative categories. Specifically, the Western Australian economy has benefitted from a booming resources industry which has in turn helped fuel significant growth in the housing and property markets. This growth has generated strong interest in the Company's project. Construction on site is expected to commence in early July, with completion expected in June 2022. Upcoming Dividend • Mar 16
First Dividend Is AU$0.015 Per Share Will be paid on the 9th of April to those who are registered shareholders by the 23rd of March. This is the first dividend for Axiom Properties since going public. The average dividend yield among industry peers is 2.0%. Announcement • Mar 05
Axiom Properties Limited Reaches Conditional Agreement with Living Choice to Sell Circa 10 Hectares of Land for $5.5 Million Axiom Properties Limited announced along with its Joint Venture Partner that is has reached conditional agreement with Living Choice to sell circa 10 hectares of land for $5.5 million in its Glenlea Estate residential subdivision in Mt Barker, South Australia to develop an Over 55's Lifestyle Community. Contract settlement is conditional on the parties agreeing an infrastructure agreement and receiving development approval for the lifestyle village to the parties satisfaction, which is expected to occur towards the end of 2021. The proposed sale still leaves the Joint Venture Partners with a pipeline of over 250 allotments to construct, which it will continue to bring to market including the next stage being 1c. The Partners have now received finance approval from its financier BankSA to commence construction of Stage 1c, which incorporates a further fourteen larger allotments. The civil contract has been awarded to South Coast Sand & Civil who has made strong progress. Eleven of these allotments have already been contracted and the Joint Venture Parties expect further interest now that construction has started. Reported Earnings • Feb 14
First half 2021 earnings released: EPS AU$0.013 (vs AU$0.002 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: AU$29.5m (up AU$29.4m from 1H 2020). Net income: AU$5.56m (up 458% from 1H 2020). Profit margin: 19% (down from 733% in 1H 2020). The decrease in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. 
