Reported Earnings • Feb 27
First half 2026 earnings released: EPS: AU$0.012 (vs AU$0.019 in 1H 2025) First half 2026 results: EPS: AU$0.012 (down from AU$0.019 in 1H 2025). Revenue: AU$27.1m (up 20% from 1H 2025). Net income: AU$5.21m (down 18% from 1H 2025). Profit margin: 19% (down from 28% in 1H 2025). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Real Estate industry in Australia. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Declared Dividend • Feb 26
First half dividend of AU$0.0073 announced Shareholders will receive a dividend of AU$0.0073. Ex-date: 27th February 2026 Payment date: 20th March 2026 Dividend yield will be 2.8%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Feb 25
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Announcement • Feb 16
Eureka Group Holdings Limited to Report First Half, 2026 Results on Feb 24, 2026 Eureka Group Holdings Limited announced that they will report first half, 2026 results on Feb 24, 2026 Announcement • Jan 17
Eureka Group Holdings Limited (ASX:EGH) executed binding documentation to acquire Nagambie Communities Pty Ltd for AUD 11 million. Eureka Group Holdings Limited (ASX:EGH) executed binding documentation to acquire Nagambie Communities Pty Ltd for AUD 11 million on January 15, 2026. A cash consideration of AUD 11 million will be paid by Eureka Group Holdings Limited. As part of consideration, AUD 11 million is paid towards common equity of Nagambie Communities Pty Ltd.
The transaction is subject to customary conditions. The expected completion of the transaction is in late January 2026. Recent Insider Transactions • Oct 22
Independent Non-Executive Director recently bought AU$86k worth of stock On the 16th of October, John Whiteman bought around 163k shares on-market at roughly AU$0.53 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$248k. Insiders have collectively bought AU$634k more in shares than they have sold in the last 12 months. Board Change • Oct 13
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director John Whiteman is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Sep 12
Independent Non-Executive Director recently bought AU$447k worth of stock On the 10th of September, John Whiteman bought around 900k shares on-market at roughly AU$0.50 per share. This transaction amounted to 51% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$747k more in shares than they have sold in the last 12 months. Major Estimate Revision • Aug 27
Consensus EPS estimates fall by 34%, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from AU$54.9m to AU$57.0m. EPS estimate fell from AU$0.046 to AU$0.03 per share. Net income forecast to shrink 35% next year vs 13% growth forecast for Real Estate industry in Australia . Consensus price target down from AU$0.69 to AU$0.67. Share price fell 5.8% to AU$0.53 over the past week. Reported Earnings • Aug 22
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: AU$0.052 (up from AU$0.044 in FY 2024). Revenue: AU$45.9m (up 12% from FY 2024). Net income: AU$20.1m (up 52% from FY 2024). Profit margin: 44% (up from 32% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 41%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Real Estate industry in Australia. Over the last 3 years on average, earnings per share has fallen by 1% per year and the company’s share price has also fallen by 1% per year. Major Estimate Revision • Jul 10
Consensus EPS estimates increase by 41% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from AU$0.023 to AU$0.032. Revenue forecast unchanged at AU$45.9m. Net income forecast to grow 29% next year vs 14% growth forecast for Real Estate industry in Australia. Consensus price target of AU$0.69 unchanged from last update. Share price fell 2.6% to AU$0.56 over the past week. Announcement • Jun 25
Eureka Group Holdings Limited Announces Appointment of Shiv Chetan as Chief Financial Officer, Effective 22 September 2025 Eureka Group Holdings Limited announced appointment of Shiv Chetan as Chief Financial Officer, effective 22 September 2025. Shiv joins Eureka from Corporate Travel Management, where he is currently General Manager Finance. During his tenure at CTM, Shiv progressed through key financial leadership roles, including Group Financial Controller, supporting the company's global operations and ASX compliance across multiple jurisdictions. Shiv brings extensive experience spanning financial management, treasury, investor relations, and strategic planning for high-growth ASX-listed businesses. Shiv has also held senior finance roles with data-centre operator iseek and spent a decade in audit and technical accounting with EY and PwC across Australia, Europe and the South Pacific. Shiv holds a Bachelor of Commerce from the University of the South Pacific and is a Fellow of CPA Australia. Mr. Michael Copeland, Eureka's Group Financial Controller, who is currently the Acting Chief Financial Officer, will continue to support the business and the incoming CFO. Announcement • Jun 02
Eureka Group Holdings Limited (ASX:EGH) signed a letter of intent to acquire Barrier Reef Tourist Park. Eureka Group Holdings Limited (ASX:EGH) signed a letter of intent to acquire Barrier Reef Tourist Park on June 2, 2025. Eureka expects to settle the acquisition before the end of the 2025 financial year. Recent Insider Transactions • May 23
Independent Non-Executive Director recently bought AU$151k worth of stock On the 20th of May, John Whiteman bought around 295k shares on-market at roughly AU$0.51 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$301k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 19
Independent Non-Executive Chairman recently bought AU$150k worth of stock On the 14th of March, Russell Banham bought around 272k shares on-market at roughly AU$0.55 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Russell's only on-market trade for the last 12 months. Buy Or Sell Opportunity • Mar 04
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.8% to AU$0.55. The fair value is estimated to be AU$0.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 8.9%. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 67% in the next 2 years. Major Estimate Revision • Mar 03
Consensus EPS estimates fall by 22% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from AU$0.041 to AU$0.032 per share. Revenue forecast steady at AU$45.9m. Net income forecast to grow 23% next year vs 14% growth forecast for Real Estate industry in Australia. Consensus price target down from AU$0.70 to AU$0.69. Share price fell 3.3% to AU$0.58 over the past week. Reported Earnings • Feb 27
First half 2025 earnings released: EPS: AU$0.019 (vs AU$0.021 in 1H 2024) First half 2025 results: EPS: AU$0.019. Revenue: AU$22.6m (up 11% from 1H 2024). Net income: AU$6.36m (up 1.0% from 1H 2024). Profit margin: 28% (down from 31% in 1H 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Real Estate industry in Australia. Buy Or Sell Opportunity • Feb 17
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at AU$0.59. The fair value is estimated to be AU$0.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Announcement • Feb 06
Eureka Group Holdings Limited (ASX:EGH) agreed to acquire mixed-use residential home village and caravan park comprising in Gladstone, Queensland for AUD 4.5 million. Eureka Group Holdings Limited (ASX:EGH) agreed to acquire mixed-use residential home village and caravan park comprising in Gladstone, Queensland for AUD 4.5 million on February 6, 2025. A cash consideration will be paid by Eureka Group Holdings Limited. The transaction will be financed from the proceeds from the Company’s successful capital raising of AUD 4.5 million.
The expected completion of the transaction is March 13, 2025. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 41% This is considered a major 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 Interest payments are not well covered by earnings (1.8x net interest cover). Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (32% net profit margin). Announcement • Dec 03
Eureka Group Holdings Limited (ASX:EGH) acquired Riverbank Rental Village for AUD 10.3 million. Eureka Group Holdings Limited (ASX:EGH) agreed to acquire Riverbank Rental Village for AUD 10.3 million on October 30, 2024.
The transaction was financed through equity raising. The expected completion of the transaction is November 30, 2024.
Eureka Group Holdings Limited (ASX:EGH) completed the acquisition of Riverbank Rental Village for on December 2, 2024. Buy Or Sell Opportunity • Nov 18
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at AU$0.59. The fair value is estimated to be AU$0.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 9.8% per annum over the same time period. New Risk • Oct 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% 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 Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (32% net profit margin). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Announcement • Oct 24
Eureka Group Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 70.4 million. Eureka Group Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 70.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 80,000,000
Price\Range: AUD 0.61
Discount Per Security: AUD 0.019825
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,819,672
Price\Range: AUD 0.61
Discount Per Security: AUD 0.019825
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 24,590,164
Price\Range: AUD 0.61
Discount Per Security: AUD 0.019825
Transaction Features: Rights Offering; Subsequent Direct Listing Announcement • Sep 19
Eureka Group Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Eureka Group Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,872,462
Price\Range: AUD 0.5222
Transaction Features: Subsequent Direct Listing Price Target Changed • Aug 30
Price target decreased by 7.6% to AU$0.56 Down from AU$0.60, the current price target is provided by 1 analyst. New target price is 13% below last closing price of AU$0.64. The company is forecast to post earnings per share of AU$0.033 for next year compared to AU$0.044 last year. Reported Earnings • Aug 29
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: AU$0.044 (down from AU$0.07 in FY 2023). Revenue: AU$41.4m (up 13% from FY 2023). Net income: AU$13.2m (down 31% from FY 2023). Profit margin: 32% (down from 53% in FY 2023). Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 41%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Real Estate industry in Australia. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 27
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to AU$0.63. The fair value is estimated to be AU$0.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to decline by 41% in the next 2 years. Announcement • Aug 22
Eureka Group Holdings Limited, Annual General Meeting, Oct 31, 2024 Eureka Group Holdings Limited, Annual General Meeting, Oct 31, 2024. Location: at the brisbane club, oak room, 241 adelaide street, brisbane city qld 4000 Australia Announcement • Jun 05
Eureka Group Holdings Limited Announces Change of Joint Company Secretary Eureka Group Holdings Limited announced the appointment of Ms Stephanie So as Joint Company Secretary, effective 4 June 2024. Ms So has over 13 years of governance experience, including working in the Listing Compliance team at the ASX. She has extensive experience in advising on a variety of listing, corporate governance and regulatory matters for listed entities. Ms So is a Fellow of the Governance Institute of Australia and holds a Graduate Diploma in Applied Corporate Governance. This appointment follows the resignation of Ms Patricia Vanni as Company Secretary, effective4 June 2024. The Company thanks Ms Vanni for her contribution. The Company further advises that Ms Laura Fanning remains as Joint Company Secretary of the Company. Announcement • Jan 24
Eureka Targeted as Takeovers Kick Off Mergers and acquisitions have kicked off in the beaten down listed property sector, with Aspen Group (ASX:APZ) making a bid for fellow affordable accommodation developer Eureka Group Holdings Limited (ASX:EGH) that would create a $500 million company it says would help transform the industry. The move highlights the potential of real estate investment trusts as takeover targets after the beating they have taken from higher bond rates, as investors remain interested in residential stocks. The play would boost growth options for a combined company and help form a low-cost accommodation group across housing, lifestyle and living park estates amid the housing crisis. Aspen believes a merger with Eureka would bring significant benefits to both sets of shareholders, and that the two groups have the potential to be worth more together than as stand-alone entities. Aspen already provides quality accommodation on budget terms for residential, lifestyle and park living. Eureka focuses on affordable rental accommodation for independent seniors and disability pensioners, which is part of Aspen's target market, although there are differences between the companies. The success of the takeover will partly hinge on the attitude of fund manager Cooper Investors, which has a 19% stake in the target and about 10% of Aspen. New Risk • Aug 31
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 9.0% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Interest payments are not well covered by earnings (2.4x net interest cover). Earnings are forecast to decline by an average of 9.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (AU$137.0m market cap, or US$88.6m). Reported Earnings • Aug 31
Full year 2023 earnings released: EPS: AU$0.07 (vs AU$0.035 in FY 2022) Full year 2023 results: EPS: AU$0.07 (up from AU$0.035 in FY 2022). Revenue: AU$36.4m (up 22% from FY 2022). Net income: AU$19.2m (up 134% from FY 2022). Profit margin: 53% (up from 28% in FY 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Real Estate industry in Australia. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. New Risk • Aug 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Dividend is not well covered by cash flows (138% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (AU$134.0m market cap, or US$86.9m). Announcement • Aug 18
Eureka Group Holdings Limited, Annual General Meeting, Oct 26, 2023 Eureka Group Holdings Limited, Annual General Meeting, Oct 26, 2023, at 10:00 E. Australia Standard Time. Location: Brisbane Club, Oak Room, 241 Adelaide Street Brisbane Queensland Australia Announcement • Jul 17
Eureka Group Holdings Limited Announces CEO Changes Eureka Group Holdings Limited announced that Mr. Cameron Taylor has resigned as the Company's Chief Executive Officer following a period of personal leave due to a non-work-related accident. Mr. Taylor is resigning to spend time with his family. The Board has accepted Mr. Taylor's resignation which is effective immediately. Executive Chairman, Murray Boyte, who has been acting as Chief Executive Officer since Mr. Taylor commenced personal leave on 23 May 2023 will continue to act in this role while a search is undertaken for a new Chief Executive Officer. The terms and conditions of Mr. Boyte's employment by Eureka will remain unchanged. Announcement • May 25
Eureka Group Holdings Limited Announces Management Update Eureka Group Holdings Limited announced that Chief Executive Officer, Mr. Cameron Taylor, has commenced three months of leave in order to provide an opportunity for him to fully recover from a recent non-work-related accident. Executive Chairman, Murray Boyte, will assume the duties of the Chief Executive Officer, supported by the senior leadership team during the time that Mr. Taylor is on leave. Reported Earnings • Feb 28
First half 2023 earnings released: EPS: AU$0.031 (vs AU$0.017 in 1H 2022) First half 2023 results: EPS: AU$0.031 (up from AU$0.017 in 1H 2022). Revenue: AU$17.6m (up 19% from 1H 2022). Net income: AU$7.75m (up 92% from 1H 2022). Profit margin: 44% (up from 27% in 1H 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Real Estate industry in Australia. Over the last 3 years on average, earnings per share has increased by 6% per year and the company’s share price has also increased by 6% per year. Announcement • Dec 13
Eureka Group Holdings Limited Announces Resignation of Geoffrey Stirton as Company Secretary Eureka Group Holdings Limited announced that Mr. Geoffrey Stirton has resigned as a company secretary, effective immediately. Ms. Laura Fanning remains a company secretary. This announcement was approved and authorized for release by the company's board of directors. Major Estimate Revision • Nov 23
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate fell from AU$0.03 to AU$0.03 per share. Revenue forecast steady at AU$32.7m. Net income forecast to shrink 0.4% next year vs 16% growth forecast for Real Estate industry in Australia . Consensus price target down from AU$0.63 to AU$0.56. Share price fell 2.3% to AU$0.42 over the past week. Price Target Changed • Nov 16
Price target decreased to AU$0.63 Down from AU$0.73, the current price target is an average from 2 analysts. New target price is 45% above last closing price of AU$0.43. Stock is down 38% over the past year. The company is forecast to post earnings per share of AU$0.03 for next year compared to AU$0.035 last year. Board Change • Nov 16
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 Greg Paramor was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 07
Eureka Group Holdings Limited, Annual General Meeting, Nov 29, 2022 Eureka Group Holdings Limited, Annual General Meeting, Nov 29, 2022, at 10:30 E. Australia Standard Time. Location: Brisbane Club, Edinburgh Room 241 Adelaide Street Brisbane Queensland Australia Price Target Changed • Sep 27
Price target decreased to AU$0.65 Down from AU$0.73, the current price target is an average from 2 analysts. New target price is 16% above last closing price of AU$0.56. Stock is down 12% over the past year. The company is forecast to post earnings per share of AU$0.03 for next year compared to AU$0.035 last year. Reported Earnings • Sep 01
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: AU$0.035 (up from AU$0.027 in FY 2021). Revenue: AU$29.7m (up 7.9% from FY 2021). Net income: AU$8.17m (up 30% from FY 2021). Profit margin: 28% (up from 23% in FY 2021). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 7.8%, compared to a 3.0% growth forecast for the Real Estate industry in Australia. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Announcement • Aug 31
Eureka Group Holdings Limited Announces Final Dividend for the Fiscal Year 2022, Payable on October 6, 2022 Eureka Group Holdings Limited announced the final dividend of 0.63 cents per share for the fiscal year 2022. Ex-dividend date is September 15, 2022. Record date is September 16, 2022. Payable on October 6, 2022. Major Estimate Revision • Jun 17
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from AU$0.03 to AU$0.03 per share. Revenue forecast steady at AU$30.3m. Net income forecast to grow 18% next year vs 54% growth forecast for Real Estate industry in Australia. Consensus price target of AU$0.73 unchanged from last update. Share price fell 3.2% to AU$0.60 over the past week. Announcement • May 20
Eureka Group Holdings Limited (ASX:EGH) agreed to acquire 46-unit village in Bowen, located in the Whitsunday Region of North Queensland for $5.05 million. Eureka Group Holdings Limited (ASX:EGH) agreed to acquire 46-unit village in Bowen, located in the Whitsunday Region of North Queensland for $5 million on May 19, 2022. Consideration for the acquisition is $5.05 million (excluding transaction costs). The transaction will be funded by debt and cash reserves. Settlement is scheduled for 31 May 2022. This announcement was approved, and authorised for release, by Eureka’s Board of Directors. Board Change • Apr 27
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 Greg Paramor was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 06
Eureka Group Holdings Limited Appoints Geoffrey Stirton as Company Secretary Eureka Group Holdings Limited advised that the Company has appointed Mr. Geoffrey Stirton as a Company Secretary. Ms. Laura Fanning remains a Company Secretary. Geoffrey has over 30 years experience working with listed and unlisted companies as well as not for profits in both governance and line management roles. He has primarily worked in financial services for a number of ASX 100 companies. He is a Chartered Accountant and Chartered Secretary and a Fellow of both the Australian Institute of Company Directors and the Governance Institute of Australia. Announcement • Feb 25
Eureka Group Holdings Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended December 31, 2021, Payable on March 23, 2022 Eureka Group Holdings Limited announced ordinary fully paid dividend of AUD 0.00630000 for the six months ended December 31, 2021. Record date is March 2, 2022. Ex-date is March 1, 2022. The dividend will be payable on March 23, 2022. Reported Earnings • Sep 01
Full year 2021 earnings released: EPS AU$0.027 (vs AU$0.035 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: AU$29.4m (up 19% from FY 2020). Net income: AU$6.28m (down 22% from FY 2020). Profit margin: 21% (down from 33% 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 33% per year whereas the company’s share price has increased by 36% per year. Price Target Changed • Aug 31
Price target increased to AU$0.74 Up from AU$0.63, the current price target is an average from 2 analysts. New target price is 18% above last closing price of AU$0.63. Stock is up 62% over the past year. Announcement • Jul 14
Eureka Group Holdings Limited (ASX:EGH) completed the acquisition of Gainsborough Lifestyle Village in Brassall, Queensland. Eureka Group Holdings Limited (ASX:EGH) entered into an unconditional contract to acquire Gainsborough Lifestyle Village in Brassall, Queensland for AUD 6.5 million on June 28, 2021. Total consideration for the acquisitions is AUD 6.5 million, excluding transactions costs. The transaction will be funded by debt and cash reserves. This announcement was approved and authorized for release by Eureka’s Board of Directors. The transaction is expected to settle on July 9, 2021. The acquisition will be earnings accretive from year one.
Eureka Group Holdings Limited (ASX:EGH) completed the acquisition of Gainsborough Lifestyle Village in Brassall, Queensland on July 12, 2021. Announcement • Jun 30
Eureka Group Holdings Limited (ASX:EGH) entered into an unconditional contract to acquire Gainsborough Lifestyle Village in Brassall, Queensland for AUD 6.5 million. Eureka Group Holdings Limited (ASX:EGH) entered into an unconditional contract to acquire Gainsborough Lifestyle Village in Brassall, Queensland for AUD 6.5 million on June 28, 2021. Total consideration for the acquisitions is AUD 6.5 million, excluding transactions costs. The transaction will be funded by debt and cash reserves. This announcement was approved and authorised for release by Eureka’s Board of Directors. The transaction is expected to settle on July 9, 2021. the village will be earnings accretive from year one. Major Estimate Revision • Mar 05
Analysts update estimates The 2021 consensus earning per share (EPS) estimate increased from AU$0.021 to AU$0.024. Revenue estimate was reaffirmed at AU$27.5m. Net income is expected to grow by 30% next year compared to 38% growth forecast for the Real Estate industry in Australia. The consensus price target increased from AU$0.51 to AU$0.61. Share price is down by 2.0% to AU$0.50 over the past week. Reported Earnings • Mar 03
First half 2021 earnings released: EPS AU$0.013 (vs AU$0.023 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: AU$13.6m (up 9.4% from 1H 2020). Net income: AU$3.07m (down 41% from 1H 2020). Profit margin: 23% (down from 42% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Price Target Changed • Mar 02
Price target raised to AU$0.56 Up from AU$0.51, the current price target is an average from 2 analysts. The new target price is 11% above the current share price of AU$0.50. As of last close, the stock is up 32% over the past year. Analyst Estimate Surprise Post Earnings • Feb 27
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 45%. Over the next year, revenue is forecast to grow 10%, compared to a 9.3% growth forecast for the Real Estate industry in Australia. Is New 90 Day High Low • Feb 24
New 90-day high: AU$0.52 The company is up 17% from its price of AU$0.44 on 26 November 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.64 per share. Is New 90 Day High Low • Jan 06
New 90-day high: AU$0.46 The company is up 19% from its price of AU$0.39 on 07 October 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.15 per share. Is New 90 Day High Low • Dec 09
New 90-day high: AU$0.45 The company is up 13% from its price of AU$0.40 on 10 September 2020. The Australian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.13 per share. Is New 90 Day High Low • Nov 17
New 90-day high: AU$0.41 The company is up 15% from its price of AU$0.36 on 19 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.13 per share. Recent Insider Transactions • Oct 24
Executive Chairman recently bought AU$97k worth of stock On the 20th of October, Murray Boyte bought around 250k shares on-market at roughly AU$0.39 per share. In the last 3 months, there was an even bigger purchase from another insider worth AU$249k. Murray has been a buyer over the last 12 months, purchasing a net total of AU$177k worth in shares. 
