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8CO logo

8common ASX:8CO Stock Report

Last Price

AU$0.031

Market Cap

AU$6.9m

7D

3.3%

1Y

-64.8%

Updated

09 May, 2024

Data

Company Financials

8CO Stock Overview

8common Limited develops and distributes software solutions in Australia, Asia, North America, and internationally.

8CO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

8common Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for 8common
Historical stock prices
Current Share PriceAU$0.031
52 Week HighAU$0.098
52 Week LowAU$0.03
Beta0.89
1 Month Change-8.82%
3 Month Change-38.00%
1 Year Change-64.77%
3 Year Change-81.21%
5 Year Change-80.00%
Change since IPO-88.73%

Recent News & Updates

Here's Why 8common Limited's (ASX:8CO) CEO Compensation Is The Least Of Shareholders Concerns

Oct 27
Here's Why 8common Limited's (ASX:8CO) CEO Compensation Is The Least Of Shareholders Concerns

Recent updates

Here's Why 8common Limited's (ASX:8CO) CEO Compensation Is The Least Of Shareholders Concerns

Oct 27
Here's Why 8common Limited's (ASX:8CO) CEO Compensation Is The Least Of Shareholders Concerns

We're Hopeful That 8common (ASX:8CO) Will Use Its Cash Wisely

Jan 10
We're Hopeful That 8common (ASX:8CO) Will Use Its Cash Wisely

We Think 8common (ASX:8CO) Can Afford To Drive Business Growth

Sep 22
We Think 8common (ASX:8CO) Can Afford To Drive Business Growth

We're Hopeful That 8common (ASX:8CO) Will Use Its Cash Wisely

Feb 20
We're Hopeful That 8common (ASX:8CO) Will Use Its Cash Wisely

Shareholder Returns

8COAU SoftwareAU Market
7D3.3%5.1%3.1%
1Y-64.8%38.5%8.1%

Return vs Industry: 8CO underperformed the Australian Software industry which returned 38.5% over the past year.

Return vs Market: 8CO underperformed the Australian Market which returned 8.1% over the past year.

Price Volatility

Is 8CO's price volatile compared to industry and market?
8CO volatility
8CO Average Weekly Movement16.2%
Software Industry Average Movement8.8%
Market Average Movement9.0%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market3.5%

Stable Share Price: 8CO's share price has been volatile over the past 3 months.

Volatility Over Time: 8CO's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2014n/aAndrew Bondwww.8common.com

8common Limited develops and distributes software solutions in Australia, Asia, North America, and internationally. It offers Expense8, a travel and expense management solution that allows employees book and reconcile travel expenses; Perform8, a suit of online surveying solution for action planning the business; and CardHero, a funds distribution solution. The company serves publicly listed companies, global corporations, and local and national governments.

8common Limited Fundamentals Summary

How do 8common's earnings and revenue compare to its market cap?
8CO fundamental statistics
Market capAU$6.95m
Earnings (TTM)-AU$4.01m
Revenue (TTM)AU$8.44m

0.8x

P/S Ratio

-1.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8CO income statement (TTM)
RevenueAU$8.44m
Cost of RevenueAU$5.83m
Gross ProfitAU$2.60m
Other ExpensesAU$6.61m
Earnings-AU$4.01m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.018
Gross Margin30.87%
Net Profit Margin-47.48%
Debt/Equity Ratio0%

How did 8CO perform over the long term?

See historical performance and comparison
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