New Risk • May 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 42% 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 Share price has been highly volatile over the past 3 months (47% average weekly change). Shareholders have been substantially diluted in the past year (42% increase in shares outstanding). Market cap is less than US$10m (AU$12.8m market cap, or US$9.15m). Announcement • May 19
Xenitra Limited has completed a Follow-on Equity Offering in the amount of AUD 1.25 million. Xenitra Limited has completed a Follow-on Equity Offering in the amount of AUD 1.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 416,666,667
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • May 08
Xenitra Limited has filed a Follow-on Equity Offering in the amount of AUD 1.295 million. Xenitra Limited has filed a Follow-on Equity Offering in the amount of AUD 1.295 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 431,666,667
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Transaction Features: Subsequent Direct Listing Board Change • Jan 14
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Director Alex Li is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. New Risk • Dec 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% 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 Share price has been highly volatile over the past 3 months (39% average weekly change). Market cap is less than US$10m (AU$11.5m market cap, or US$7.75m). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). Announcement • Dec 23
AuMake Limited has completed a Follow-on Equity Offering in the amount of AUD 0.039 million. AuMake Limited has completed a Follow-on Equity Offering in the amount of AUD 0.039 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 19,500,000
Price\Range: AUD 0.002
Transaction Features: Subsequent Direct Listing Announcement • Dec 11
AuMake Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. AuMake Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary
Security Type: Common Stock
Securities Offered: 750,000,000
Price\Range: AUD 0.002
Transaction Features: Subsequent Direct Listing Announcement • Nov 28
Aumake Limited Announces Board Changes for Improved Governance and Operational Focus Aumake Limited advised its shareholders that the following changes to the Board of Directors have been made. These changes demonstrate the Company's increased focus on separating board oversight from executive management will sharpen the Company's operational focus. Executive Director Joshua Zhou has resigned from the Board. The board thanks Joshua for his service and contribution. Joshua will remain as manager of the Aumake Global business unit, which includes the 51% owned 168 Express Joint Venture and the 51% owned Newera Australia Joint Venture and the 20% owned BioBasic Nutrition Joint Venture. Executive Director Tracy Zhou has also chosen to stand down from the Board to allow her to increase her focus on managing the Aumake China business unit that includes the wholly owned subsidiaries; Aumake Hong Kong, Aumake Hanzhou, Aumake Shanghai and M Best Pty Ltd. (Australia). The Board has appointed Mr. Carl Hagon, a prominent attorney, as a Non- Executive Director effective immediately. Mr. Hagon brings twenty years' experience in commercial law to Aumake. Mr. Hagon is currently a non-executive director of Australian Biotherapeutics Pty Ltd. and a director of a privately held corporate trustee. He holds a Bachelor of Arts and a Bachelor of Laws from the University of New South Wales. Announcement • Oct 29
AuMake Limited, Annual General Meeting, Nov 28, 2025 AuMake Limited, Annual General Meeting, Nov 28, 2025. Location: at unit 3, 66 whiting street, artarmon, nsw 2064, Australia Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.001 loss per share (vs AU$0.004 loss in FY 2024) Full year 2025 results: AU$0.001 loss per share (improved from AU$0.004 loss in FY 2024). Revenue: AU$39.9m (up 54% from FY 2024). Net loss: AU$3.48m (loss narrowed 45% from FY 2024). 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 16% per year, which means it is significantly lagging earnings. New Risk • Mar 06
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$4.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.1m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Market cap is less than US$10m (AU$12.0m market cap, or US$7.63m). New Risk • Dec 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% 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 Share price has been highly volatile over the past 3 months (26% average weekly change). Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Minor Risk Market cap is less than US$100m (AU$18.0m market cap, or US$11.5m). New Risk • Nov 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% 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 Share price has been highly volatile over the past 3 months (25% average weekly change). Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Market cap is less than US$10m (AU$14.1m market cap, or US$9.19m). Announcement • Oct 29
AuMake Limited, Annual General Meeting, Nov 29, 2024 AuMake Limited, Annual General Meeting, Nov 29, 2024. Location: to be held in person at, 50 birchgrove crescent, eastwood, nsw 2122, Australia Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.004 loss per share (vs AU$0.003 loss in FY 2023) Full year 2024 results: AU$0.004 loss per share (further deteriorated from AU$0.003 loss in FY 2023). Revenue: AU$26.0m (up AU$23.1m from FY 2023). Net loss: AU$6.28m (loss widened 107% from FY 2023). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Aug 15
AuMake Limited has completed a Follow-on Equity Offering in the amount of AUD 2.875396 million. AuMake Limited has completed a Follow-on Equity Offering in the amount of AUD 2.875396 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 560,000,000
Price\Range: AUD 0.005
Discount Per Security: AUD 0.0003
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,834,200
Price\Range: AUD 0.00545
Discount Per Security: AUD 0.000327
Transaction Features: Subsequent Direct Listing Announcement • Aug 03
AuMake Limited Announces Change of Company Secretary AuMake Limited announced the appointment of Mr. Sebastian Andre as Company Secretary effective 1 August 2024. Mr. Andre is a Chartered Secretary with over 10 years of experience in corporate advisory services. Mr. Andre holds qualifications in accounting, finance and corporate governance and is a member of the Governance Institute of Australia. The Company advised that Mr. Anand Sundaraj has resigned as Company Secretary. New Risk • Mar 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.0m free cash flow). Share price has been highly volatile over the past 3 months (32% average weekly change). Shareholders have been substantially diluted in the past year (119% increase in shares outstanding). Market cap is less than US$10m (AU$7.66m market cap, or US$4.98m). Announcement • Feb 27
An undisclosed buyer acquired 49% stake in Newera Australia Pty Ltd from AuMake Limited (ASX:AUK) for AUD 2 million. An undisclosed buyer acquired 49% stake in Newera Australia Pty Ltd from AuMake Limited (ASX:AUK) for AUD 2 million on February 26, 2024. AuMake Limited (ASX:AUK) has secured a non-dilutive funding package of AUD 2 million from a key strategic stakeholder to the Company by way of a loan to a majority owned subsidiary Newera Australia Pty Ltd.An undisclosed buyer completed the acquisition of 49% stake in Newera Australia Pty Ltd from AuMake Limited (ASX:AUK) for AUD 2 million on February 26, 2024. Announcement • Feb 05
AuMake Limited Announces Executive Changes AuMake Limited announced resignation of Michael Higginson as Company Secretary. The Board has resolved to appoint Anand Sundaraj as Company Secretary effective 05 February 2024 to replace Mr. Higginson. Mr. Sundaraj is a corporate lawyer with over 20 years' experience. He is a principal of Sydney-based law firm, Sundaraj & Ker. Mr. Sundaraj specialises in advising on mergers and acquisitions and capital raisings for both publicly listed and privately held entities. Announcement • Nov 11
AuMake Limited has completed a Follow-on Equity Offering in the amount of AUD 1.487256 million. AuMake Limited has completed a Follow-on Equity Offering in the amount of AUD 1.487256 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 371,814,000
Price\Range: AUD 0.004
Discount Per Security: AUD 0.00024
Transaction Features: Subsequent Direct Listing Announcement • Nov 07
AuMake Limited has filed a Follow-on Equity Offering in the amount of AUD 1.487256 million. AuMake Limited has filed a Follow-on Equity Offering in the amount of AUD 1.487256 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 371,814,000
Price\Range: AUD 0.004
Discount Per Security: AUD 0.00024
Transaction Features: Subsequent Direct Listing Announcement • Oct 26
AuMake Limited, Annual General Meeting, Nov 30, 2023 AuMake Limited, Annual General Meeting, Nov 30, 2023, at 10:30 AUS Eastern Standard Time. Location: Suite 15, Level 15 60 Station St East Parramata New South Wales Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider adoption of Remuneration Report; to consider election of director Zhao Zhang; to consider election of Li Li; to consider re-election of director, Stephen Harrison; and to consider other matters. Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.003 loss per share (vs AU$0.009 loss in FY 2022) Full year 2023 results: AU$0.003 loss per share (improved from AU$0.009 loss in FY 2022). Revenue: AU$2.84m (down 57% from FY 2022). Net loss: AU$3.03m (loss narrowed 50% from FY 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. New Risk • Aug 31
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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.8m free cash flow). Share price has been highly volatile over the past 3 months (40% average weekly change). Earnings have declined by 7.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Market cap is less than US$10m (AU$6.69m market cap, or US$4.34m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Revenue is less than US$5m (AU$5.0m revenue, or US$3.2m). Announcement • May 29
Aumake Limited Announces Executive Changes AuMake Limited appointed Mr. Li Li as a Non-Executive Director and Ms Zhao Zhang as an Executive Director of the Company. Mr. Li Li has been appointed as GAI's nominated Director and Ms Zhao Zhang has been appointed as HKH's nominated Director. Mr. Li Li is the founder and Chair of the Queensland tourism group, Grand Aust International Pty Ltd, the founder and President of Vtour Travel Zhejiang Co Ltd. and the Chair and CEO of Hangzhou OTC Travel Int'l Ltd. More recently, Li was appointed by Tourism & Events Queensland as a member of their China Industry Advisory Group and in 2019 he was appointed by Tourism Australia as their first Australian China Ambassador. Since being awarded a Master's degree in accounting from Monash University in 2012, Zhao has built a distinguished career in the fast-moving consumer goods sector, specialising in brand management and operations. Subsequently, Zhao conceptualised and then in 2018 successfully launched the Huibeijia brand in China, which now proudly operates an expansive network of over 400 stores nationwide. As a consequence of the appointment of Mr. Li and Ms Zhang, Messrs Stratos Karousos and Jacky Yang have tendered their resignations as Directors of the Company. The Board takes this opportunity to genuinely thank Stratos and Jacky for their significant and meaningful contributions to the Company, during what has been a very difficult and tumultuous re- building period for Aumake. Reported Earnings • Mar 03
First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in 1H 2022) First half 2023 results: AU$0.002 loss per share (improved from AU$0.004 loss in 1H 2022). Revenue: AU$2.51m (down 40% from 1H 2022). Net loss: AU$1.39m (loss narrowed 50% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 56% per year, which means it is significantly lagging earnings. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Chairman Stephen Harrison was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 30
AuMake Limited, Annual General Meeting, Nov 30, 2022 AuMake Limited, Annual General Meeting, Nov 30, 2022, at 12:00 AUS Eastern Standard Time. Location: Suite 1.01, 22-36 Mountain Street Ultimo New South Wales Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2022 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to approve adoption of the Remuneration Report; to approve reelection of directors; to approve issue 3,000,000 Shares; and to approve 7.1A mandate. Announcement • Oct 02
AuMake Limited Auditor Raises 'Going Concern' Doubt AuMake Limited filed its Annual on Sep 30, 2022 for the period ending Jun 30, 2022. In this report its auditor, Rothsay, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Reported Earnings • Oct 01
Full year 2022 earnings released: AU$0.009 loss per share (vs AU$0.037 loss in FY 2021) Full year 2022 results: AU$0.009 loss per share (improved from AU$0.037 loss in FY 2021). Revenue: AU$6.62m (down 49% from FY 2021). Net loss: AU$6.07m (loss narrowed 70% from FY 2021). Reported Earnings • Sep 01
Full year 2022 earnings released: AU$0.009 loss per share (vs AU$0.037 loss in FY 2021) Full year 2022 results: AU$0.009 loss per share (up from AU$0.037 loss in FY 2021). Revenue: AU$6.88m (down 47% from FY 2021). Net loss: AU$6.18m (loss narrowed 69% from FY 2021). Announcement • Aug 24
Aumake Limited Enters New Era of Transformation and Technology The board of Aumake Limited (Aumake or the Company) acknowledge that in the dynamic and evolving world of ecommerce, adapting to change and introducing new and bespoke technologies is a vital component for success. Accordingly, the company is embarking on a transformational process with the goal of introducing ecommerce technologies for the delivery of a diverse range of premium and sought after Australian and New Zealand products and services to an increasingly sophisticated and savvy user base. Aumake's transformation involves the development of an app for the delivery of live streaming via a multi-channel network for the provision of premium and trending products and services (including travel, online shopping and business services) to the Chinese/Australian market. Throughout China, live streaming has become hugely popular as it provides an opportunity for shoppers to be entertained and shop at the same time. According to McKinsey, live streaming in China is the next big wave of ecommerce and is expected to be worth around $423 billion this year. Aumake's goal is to be the Australian market leader, in delivering live streaming services to domestic and international Chinese shoppers. To facilitate the success of their live streaming platform, Aumake has developed a full service live streaming management business, or multi-channel network. This business delivers live streaming across multiple channels, influencers and provides a diverse range of cross promotional services. Influencers, which are an important part of the multi-channel network success, will be recruited from their existing network of Daigous and they will be trained in-house. The brands Aumake represents, will also benefit from their in-house services and can purchase additional live streaming and marketing services should they wish to do so. Aumake will initially target the local Chinese/Australian market. This demographic represents a significant buyer segment and is also an important segment for their brands and merchants. As such, by building their capabilities in this market, they will add value to their service offerings. In addition, Aumake will actively introduce new, sort after and trending products for their social ecommerce platform. In so doing, Aumake will engage with a larger audience and new revenue streams, such as pet and health products. Announcement • May 31
AuMake Limited Announces Board Changes AuMake Limited announced that as part of the Company's ongoing re-structure,the following two Board changes have been implemented. The first Board change involves the Company's long standing Executive Director, Mr. Jacky Yang, who has stepped aside as an Executive Director and has assumed an ongoing role with the Company as a Non-Executive Director. The second Board change is the resignation of Mr. Ian Thubron as a Director of the Company. Board Change • Apr 27
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). MD & Director Joshua Zhou is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Mar 10
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). MD & Director Joshua Zhou is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Announcement • Mar 02
Aumake Limited Announces Management Changes Aumake Limited announced the appointments of Mr. Stephen Harrison as non-executive chairman and Mr. Stratos Karousos as non-executive director, effectively immediately. Mr. Harrison is an experienced chairman and director with extensive ASX and corporate experience. He currently serves as the chairman of the ASX listed life insurance company NobleOak Life Limited, rewards and loyalty company IncentiaPay Limited, and fund manager Conscious Capital Limited. With these Board appointments, Mr. Keong Chan will be resigning as executive chairman, effectively immediately. Announcement • Feb 10
Aumake to Develop AI Powered E-Commerce Aggregator Aumake announced it will develop an artificial intelligence (AI)-based live consumer bank and retail tool that aggregates buyers and sellers in Australia. The proprietary system will add a significant software asset and enhanced capability to Aumake's technical portfolio. To facilitate the development of the Platform, the Company has partnered with AI specialist Ai-Driven Pty Limited (Ai-Driven). Ai-Driven is a technology company with offices in Australia and in Asia that provides cutting-edge AI solutions to small and medium enterprises globally. The Platform will work by allowing partner merchants and retailers to sign up easily and offer their most in-demand products in a mini online e-store that reflects live stock amounts available. Aumake's retail shopfronts will act as physical collection points or users can also opt in for shipping. A payment gateway will allow users to transact directly on the Platform with Aumake charging a transaction fee as well as a recurring annual fee for platform use. Aumake's collaboration with Ai-Driven will enable the Company to offer a clear competitive advantage in the AI e-commerce space, presenting with an opportunity for Aumake to progress ahead of competitors who do not have access to the data, significant processing power, resources and exclusive know-how in the space. The Platform will be developed in stages, with Stage 1 to be completed imminently, with an expected `go-live' date in March 2022. The service agreement with Ai-Driven contains all the usual provisions relating to scope of services, payment, warranties and termination. Aumake will own all associated intellectual property developed by Ai-Driven in relation to this project. Announcement • Dec 10
Aumake Limited Provides an Update on Current Operational Growth Initiatives as the company's Physical Store Network Reopens Aumake Limited to provide an update on current operational growth initiatives being rolled out as the Company's physical store network reopens. Aumake has recently opened its Market City store in Sydney's Central Business District culminating in 5 physical retail stores now reopened, which are servicing its local Australian customers. The Company is pleased to advise that since the reopening a number of Aumake's physical stores in November 2021, the Company has observed an increase in foot traffic and instore revenue. Reported Earnings • Oct 06
Full year 2021 earnings released: AU$0.037 loss per share (vs AU$0.017 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: AU$13.0m (down 79% from FY 2020). Net loss: AU$20.1m (loss widened 291% from FY 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Executive Departure • Sep 10
Non-Executive Director Quentin Flannery has left the company On the 8th of September, Quentin Flannery's tenure as Non-Executive Director ended after 3.9 years in the role. As of June 2021, Quentin still personally held only 2.40m shares (AU$65k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.83 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Sep 03
Full year 2021 earnings released: AU$0.037 loss per share (vs AU$0.017 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: AU$14.3m (down 77% from FY 2020). Net loss: AU$20.1m (loss widened 291% from FY 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jul 02
Insider recently sold AU$69k worth of stock On the 25th of June, Brian Flannery sold around 3m shares on-market at roughly AU$0.024 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$131k more than they bought in the last 12 months. Executive Departure • May 12
Group GM & CFO has left the company On the 3rd of May, Peter Zhao's tenure as Group GM & CFO ended after 1.1 years in the role. As of December 2020, Peter personally held only 324.29k shares (AU$21k worth at the time). A total of 2 executives have left over the last 12 months. Announcement • Mar 18
AuMake Limited has completed a Follow-on Equity Offering in the amount of AUD 7 million. AuMake Limited has completed a Follow-on Equity Offering in the amount of AUD 7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 116,666,666
Price\Range: AUD 0.06
Discount Per Security: AUD 0.000036
Transaction Features: Subsequent Direct Listing Reported Earnings • Feb 20
First half 2021 earnings released: AU$0.011 loss per share (vs AU$0.002 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: AU$8.99m (down 80% from 1H 2020). Net loss: AU$3.96m (loss widened AU$3.50m from 1H 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. Announcement • Dec 24
AuMake Limited announced that it expects to receive AUD 7 million in funding On April 17, 2019, AuMake International Limited (ASX:AU8) announced a private placement of 116,666,667 common shares at a price of AUD 0.06 per share for gross proceeds of AUD 7,000,000 on December 23, 2020. The company will also issue 1:2 free attaching option. The transaction is led by Steven Hu and co-investors and will also include participation from new and existing institutional and sophisticated investors. The company will issue 101,750,000 shares in its first tranche which will be issued in the week commencing December 28, 2020 and will issue 14,916,667 shares in tranche 2 and is subject to shareholder approval. The transaction is now expected to close on December 30, 2020. Announcement • Oct 08
Aumake International Limited Develops New Online Platform with Its Strategic Technology Partner, Jiezhou Technology Co, Ltd AuMake International Limited's new online platform has been developed with its strategic technology partner, Jiezhou Technology Co, Ltd, (part-owned by Ant Financial Services Group) and features the latest e-commerce trends initially offered via the WeChat store. Android/IOS apps and website interfaces will be added in the near future. Aumake will embed its existing 40,000+ user database into the new platform, enabling analysis of users' spending behaviour and more effective direct marketing promotion. Popular social e-commence capabilities including store-in-store, group buying, short-form video, gamification and peer-to-peer review content will also be added. Aumake will securely retain all customer data on the platform. Aumake's social e-commerce marketplace will provide an Australian-based, culturally aligned online platform that enables Australian brands to leverage Asian influencer social networks to target local and offshore Chinese consumers. Asian influencers are able to independently communicate and endorse the quality and provenance of Australian brand's products, rather than relying on existing retail and traditional marketing models where a brand story is normally heavily diluted. 