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INP

IncentiaPayASX:INP Stock Report

Market Cap

AU$29.3m

7D

-9.4%

1Y

11.5%

Updated

26 Oct, 2021

Data

Company Financials
INP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

INP Overview

IncentiaPay Limited produces entertainment membership app and corporate frequent values product.

Price History & Performance

Summary of all time highs, changes and price drops for IncentiaPay
Historical stock prices
Current Share PriceAU$0.029
52 Week HighAU$0.02
52 Week LowAU$0.068
Beta1.99
1 Month Change-9.38%
3 Month Change7.41%
1 Year Change11.54%
3 Year Change-73.64%
5 Year Change-97.04%
Change since IPO-97.07%

Recent News & Updates

Sep 08
Here's Why IncentiaPay (ASX:INP) Can Afford Some Debt

Here's Why IncentiaPay (ASX:INP) Can Afford Some Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

May 16
IncentiaPay (ASX:INP) Is Making Moderate Use Of Debt

IncentiaPay (ASX:INP) Is Making Moderate Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Jan 31
Who Has Been Buying IncentiaPay Limited (ASX:INP) Shares?

Who Has Been Buying IncentiaPay Limited (ASX:INP) Shares?

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...

Shareholder Returns

INPAU Online RetailAU Market
7D-9.4%-2.9%0.4%
1Y11.5%-22.4%24.3%

Return vs Industry: INP exceeded the Australian Online Retail industry which returned -18.3% over the past year.

Return vs Market: INP underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is INP's price volatile compared to industry and market?
INP volatility
INP Beta1.99
Industry Beta1.05
Market Beta1

Stable Share Price: INP is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: INP's weekly volatility has decreased from 18% to 11% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994n/aHenry Joneshttps://www.incentiapay.com

IncentiaPay Limited produces entertainment membership app and corporate frequent values product. The company’s direct-to-member products provide access to thousands of 2-for-1 and up to 50% off offers from approximately 7,000 business partners in dining, travel, activities, and retail across 15,000 partner locations in Australia, New Zealand, and Bali, as well as create experiences and raise funds for a good cause with a portfolio of lifestyle content. Its corporate product offers organizations and brands with a loyalty program across dining, takeaway, and travel to retain existing customers, reduce churn, and acquire new customers.

IncentiaPay Fundamentals Summary

How do IncentiaPay's earnings and revenue compare to its market cap?
INP fundamental statistics
Market CapAU$29.30m
Earnings (TTM)-AU$8.40m
Revenue (TTM)AU$19.44m

1.5x

P/S Ratio

-3.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INP income statement (TTM)
RevenueAU$19.44m
Cost of RevenueAU$18.38m
Gross ProfitAU$1.05m
ExpensesAU$9.46m
Earnings-AU$8.40m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0083
Gross Margin5.42%
Net Profit Margin-43.23%
Debt/Equity Ratio89.3%

How did INP perform over the long term?

See historical performance and comparison

Valuation

Is IncentiaPay undervalued compared to its fair value and its price relative to the market?

5.69x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate INP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate INP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: INP is unprofitable, so we can't compare its PE Ratio to the Australian Online Retail industry average.

PE vs Market: INP is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate INP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: INP is good value based on its PB Ratio (5.7x) compared to the AU Online Retail industry average (6.5x).


Future Growth

How is IncentiaPay forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.3%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as IncentiaPay has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has IncentiaPay performed over the past 5 years?

-41.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INP is currently unprofitable.

Growing Profit Margin: INP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: INP is unprofitable, and losses have increased over the past 5 years at a rate of 41.1% per year.

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

Earnings vs Industry: INP is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (54%).


Return on Equity

High ROE: INP has a negative Return on Equity (-162.89%), as it is currently unprofitable.


Financial Health

How is IncentiaPay's financial position?


Financial Position Analysis

Short Term Liabilities: INP's short term assets (A$6.4M) do not cover its short term liabilities (A$17.2M).

Long Term Liabilities: INP's short term assets (A$6.4M) exceed its long term liabilities (A$1.3M).


Debt to Equity History and Analysis

Debt Level: INP's debt to equity ratio (89.3%) is considered high.

Reducing Debt: INP's debt to equity ratio has increased from 23.6% to 89.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: INP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: INP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.9% each year


Dividend

What is IncentiaPay current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate INP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate INP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if INP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if INP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: INP is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of INP's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Henry Jones

2yrs

Tenure

AU$531,949

Compensation

Mr. Henry Jones serves as Chief Executive Officer at IncentiaPay Limited since October 14, 2019. Mr. Jones has executive experience, predominantly in the technology sector, having held senior positions at...


CEO Compensation Analysis

Compensation vs Market: Henry's total compensation ($USD399.27K) is above average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Henry's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: INP's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: INP's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 40.7%.


Top Shareholders

Company Information

IncentiaPay Limited's employee growth, exchange listings and data sources


Key Information

  • Name: IncentiaPay Limited
  • Ticker: INP
  • Exchange: ASX
  • Founded: 1994
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: AU$29.305m
  • Shares outstanding: 1.01b
  • Website: https://www.incentiapay.com

Number of Employees


Location

  • IncentiaPay Limited
  • 3 Spring Street
  • Level 6
  • North Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:28
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.