8common Limited develops and distributes software solutions in Australia, Asia, North America, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.17|
|52 Week High||AU$0.11|
|52 Week Low||AU$0.24|
|1 Month Change||0%|
|3 Month Change||54.55%|
|1 Year Change||41.67%|
|3 Year Change||431.25%|
|5 Year Change||17.24%|
|Change since IPO||-38.18%|
Recent News & Updates
We Think 8common (ASX:8CO) Can Afford To Drive Business Growth
Just because a business does not make any money, does not mean that the stock will go down. For example, although...
We're Hopeful That 8common (ASX:8CO) Will Use Its Cash Wisely
There's no doubt that money can be made by owning shares of unprofitable businesses. Indeed, 8common ( ASX:8CO ) stock...
|8CO||AU Software||AU Market|
Return vs Industry: 8CO exceeded the Australian Software industry which returned 33.4% over the past year.
Return vs Market: 8CO exceeded the Australian Market which returned 24.4% over the past year.
Stable Share Price: 8CO is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 8CO's weekly volatility has decreased from 15% to 9% over the past year.
About the Company
8common Limited develops and distributes software solutions in Australia, Asia, North America, and internationally. It offers Expense8, a travel and expense management software solution that manages and streamlines the end-to-end processing of employee-generated expenses; and Perform8, a survey and action planning solution that diagnoses and prioritizes areas for improvement across the business; Payhero, a procurement payment gateway; and CardHero, a pre-paid card payment and fund distribution products. It serves publicly listed companies, global corporations, and local and national governments.
8common Fundamentals Summary
|8CO fundamental statistics|
Is 8CO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|8CO income statement (TTM)|
|Cost of Revenue||AU$3.64m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.006|
|Net Profit Margin||-38.08%|
How did 8CO perform over the long term?See historical performance and comparison
Is 8common undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 8CO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 8CO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 8CO is unprofitable, so we can't compare its PE Ratio to the Australian Software industry average.
PE vs Market: 8CO 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 8CO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8CO is overvalued based on its PB Ratio (7.4x) compared to the AU Software industry average (5.3x).
How is 8common forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software 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 8common 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.
How has 8common performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8CO is currently unprofitable.
Growing Profit Margin: 8CO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 8CO is unprofitable, but has reduced losses over the past 5 years at a rate of 6.4% per year.
Accelerating Growth: Unable to compare 8CO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8CO is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).
Return on Equity
High ROE: 8CO has a negative Return on Equity (-26.06%), as it is currently unprofitable.
How is 8common's financial position?
Financial Position Analysis
Short Term Liabilities: 8CO's short term assets (A$3.5M) exceed its short term liabilities (A$1.7M).
Long Term Liabilities: 8CO's short term assets (A$3.5M) exceed its long term liabilities (A$95.1K).
Debt to Equity History and Analysis
Debt Level: 8CO is debt free.
Reducing Debt: 8CO has no debt compared to 5 years ago when its debt to equity ratio was 21.9%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 8CO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 8CO has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 6% each year
What is 8common current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8CO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8CO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 8CO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8CO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 8CO's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nic Lim (45 yo)
Mr. Kah Wui Lim, also known as Nic, B.Com, L.L.B is Founder of HomeGP Sdn Bhd. Mr. Lim is a Venture Partner at Acumen Ventures. He is Partner at 8Capita, a Singapore based investment partnership with more...
CEO Compensation Analysis
Compensation vs Market: Nic's total compensation ($USD145.90K) is below average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Nic's compensation has increased whilst the company is unprofitable.
Experienced Management: 8CO's management team is considered experienced (2.1 years average tenure).
Experienced Board: 8CO's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 8CO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.1%.
8common Limited's employee growth, exchange listings and data sources
- Name: 8common Limited
- Ticker: 8CO
- Exchange: ASX
- Founded: 2014
- Industry: Application Software
- Sector: Software
- Market Cap: AU$37.665m
- Shares outstanding: 221.56m
- Website: https://www.8common.com
- 8common Limited
- 320 Pitt Street
- Level 7
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:00|
|End of Day Share Price||2021/10/26 00:00|
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.