Buy Or Sell Opportunity • Jun 02
Now 42% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to AU$0.092. The fair value is estimated to be AU$0.065, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 243% in 2 years. Earnings are forecast to grow by 75% in the next 2 years. New Risk • May 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$8.7m). Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.4m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$34.8m market cap, or US$24.8m). Buy Or Sell Opportunity • Apr 20
Now 26% overvalued Over the last 90 days, the stock has fallen 41% to AU$0.079. The fair value is estimated to be AU$0.063, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 243% in 2 years. Earnings are forecast to grow by 75% in the next 2 years. New Risk • Mar 01
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -AU$8.7m This is considered a minor 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 Risk Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$8.7m). Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.4m net loss in 2 years). Market cap is less than US$100m (AU$42.5m market cap, or US$30.2m). Buy Or Sell Opportunity • Feb 13
Now 21% overvalued Over the last 90 days, the stock has fallen 22% to AU$0.078. The fair value is estimated to be AU$0.064, 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 35%. For the next 3 years, revenue is forecast to grow by 42% per annum. Earnings are also forecast to grow by 35% per annum over the same time period. Announcement • Oct 15
archTIS Limited, Annual General Meeting, Nov 14, 2025 archTIS Limited, Annual General Meeting, Nov 14, 2025. New Risk • Sep 26
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: AU$4.8m Forecast net loss in 3 years: AU$900k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$900k net loss in 3 years). Share price has been volatile over the past 3 months (17% average weekly change). Revenue is less than US$5m (AU$6.1m revenue, or US$4.0m). Market cap is less than US$100m (AU$59.6m market cap, or US$38.9m). New Risk • Sep 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 39% 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 (33% average weekly change). Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$6.1m revenue, or US$4.0m). Market cap is less than US$100m (AU$63.6m market cap, or US$42.3m). Reported Earnings • Aug 28
Full year 2025 earnings released: AU$0.017 loss per share (vs AU$0.015 loss in FY 2024) Full year 2025 results: AU$0.017 loss per share (further deteriorated from AU$0.015 loss in FY 2024). Revenue: AU$6.07m (down 38% from FY 2024). Net loss: AU$4.76m (loss widened 12% from FY 2024). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Aug 27
archTIS Limited has filed a Follow-on Equity Offering in the amount of AUD 20.462849 million. archTIS Limited has filed a Follow-on Equity Offering in the amount of AUD 20.462849 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,333,334
Price\Range: AUD 0.15
Discount Per Security: AUD 0.0075
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,900,000
Price\Range: AUD 0.15
Discount Per Security: AUD 0.0075
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 78,185,662
Price\Range: AUD 0.15
Discount Per Security: AUD 0.0075
Transaction Features: Rights Offering; Subsequent Direct Listing New Risk • Jul 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% 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 (32% average weekly change). Earnings have declined by 8.6% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Revenue is less than US$5m (AU$6.9m revenue, or US$4.5m). Market cap is less than US$100m (AU$59.4m market cap, or US$38.8m). Announcement • Jul 02
archTIS Limited has completed a Follow-on Equity Offering in the amount of AUD 7.5 million. archTIS Limited has completed a Follow-on Equity Offering in the amount of AUD 7.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.15
Discount Per Security: AUD 0.0075
Transaction Features: Subsequent Direct Listing New Risk • Jun 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 22% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 8.6% per year over the past 5 years. Minor Risks Revenue is less than US$5m (AU$6.9m revenue, or US$4.5m). Market cap is less than US$100m (AU$38.9m market cap, or US$25.4m). New Risk • Apr 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$16.4m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.6% per year over the past 5 years. Market cap is less than US$10m (AU$16.4m market cap, or US$9.92m). Minor Risk Revenue is less than US$5m (AU$6.9m revenue, or US$4.2m). Announcement • Mar 18
archTIS Limited (ASX:AR9) completed the acquisition of DIREKTIV.IO Inc. archTIS Limited (ASX:AR9) signed a binding term sheet to acquire DIREKTIV.IO Inc for $0.75 million on January 30, 2025. The purchase consideration of US$750,000 will be settled in cash through three tranches; the initial tranche of $350,000 will be made on settlement followed by $250,000 six months post settlement and a final $200,000 twelve months post settlement.
The transaction is subject to approval by all necessary, shareholder, regulatory and third-party consents or approvals required for the transaction and consummation of due diligence investigation.
archTIS Limited (ASX:AR9) completed the acquisition of DIREKTIV.IO Inc on March 17, 2025. New Risk • Mar 01
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: AU$6.9m (US$4.3m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.6% per year over the past 5 years. Minor Risks Revenue is less than US$5m (AU$6.9m revenue, or US$4.3m). Market cap is less than US$100m (AU$21.5m market cap, or US$13.3m). Announcement • Jan 30
archTIS Limited (ASX:AR9) signed a binding term sheet to acquire DIREKTIV.IO Inc for $0.75 million. archTIS Limited (ASX:AR9) signed a binding term sheet to acquire DIREKTIV.IO Inc for $0.75 million on January 30, 2025. The purchase consideration of US$750,000 will be settled in cash through three tranches; the initial tranche of $350,000 will be made on settlement followed by $250,000 six months post settlement and a final $200,000 twelve months post settlement.
The transaction is subject to approval by all necessary, shareholder, regulatory and third-party consents or approvals required for the transaction and consummation of due diligence investigation. Announcement • Oct 22
Leanne Graham Decides Not to Seek Re-Election as Non-Executive Director of archTIS Limited archTIS Limited announced that, after serving for six years as a non-executive director, Leanne Graham, has decided not to seek re-election at the upcoming Annual General Meeting on 22 November 2024 and will resign upon the conclusion of that meeting. The Board has commenced a global recruitment process for a new director to join the Board and looks forward to announcing a new appointment shortly. Announcement • Oct 03
archTIS Limited, Annual General Meeting, Nov 22, 2024 archTIS Limited, Annual General Meeting, Nov 22, 2024. Announcement • Sep 12
archTIS Limited Announces the Launch of archTIS Trusted Data Integration archTIS Limited announced the launch of archTIS Trusted Data Integration, a new lightweight, fast, and agile solution for integrating, securing, and governing sensitive and classified structured data from multiple sources at scale and speed. Based on the success of Kojensi and NC Protect to secure documents and files, many archTIS customers requested a similar capability for structured data. archTIS Trusted Data integration (TDI) leverages the company's unique IP to provide a new product to meet this customer demand. This is archTIS' first product that addresses the structured Big Data market. The ability to manage unstructured and structured data presents a significant market growth opportunity as the Big Data market, which encompasses both, is estimated to be worth $474 billion by 2030. This market is growing at 12.7% compound annual growth rate (Acumen Research and Consulting). TDI offers the opportunity for archTIS to grow existing and acquire new customers in the Defence market. Defence and supply chain operations heavily rely on a massive network of structured data, which accounts for 20% of all enterprise data. organizations spend 60% of their tech budget on analysing and managing structured data. Defence organizations in particular struggle with the ability to consolidate distributed sensitive and classified structured data and display it in a secure, segmented, compliant and auditable manner. Solving data management challenges with agility to meet business and operational needs is crucial to unlocking the potential of a competitive data-driven organisation. The TDI solution provides a lightweight, fast and agile solution to solve the problem at scale and speed. It adds zero trust capabilities to structured data access with centralised security policy orchestration to enforce ' need to know' and ' need to share' principles across the data landscape. A policy authoring engine and workflows make it easy to securely display data based on the user and provide reporting for compliance. It provides centralised security policy orchestration and enforcement using attribute-based access control (ABAC) to ensure data is secure and governed. Reported Earnings • Feb 23
First half 2024 earnings released: AU$0.009 loss per share (vs AU$0.017 loss in 1H 2023) First half 2024 results: AU$0.009 loss per share (improved from AU$0.017 loss in 1H 2023). Revenue: AU$5.67m (up 142% from 1H 2023). Net loss: AU$2.56m (loss narrowed 45% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Announcement • Oct 05
archTIS Limited, Annual General Meeting, Nov 23, 2023 archTIS Limited, Annual General Meeting, Nov 23, 2023. New Risk • Sep 14
New major risk - Revenue and earnings growth Earnings have declined by 26% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$5.1m free cash flow). Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (8.3% increase in shares outstanding). Revenue is less than US$5m (AU$6.4m revenue, or US$4.1m). Market cap is less than US$100m (AU$32.8m market cap, or US$21.2m). Reported Earnings • Aug 25
Full year 2023 earnings released: AU$0.03 loss per share (vs AU$0.038 loss in FY 2022) Full year 2023 results: AU$0.03 loss per share (improved from AU$0.038 loss in FY 2022). Revenue: AU$6.37m (up 37% from FY 2022). Net loss: AU$8.24m (loss narrowed 13% from FY 2022). Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings. New Risk • Jun 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-AU$7.4m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.8m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (8.3% increase in shares outstanding). Revenue is less than US$5m (AU$4.6m revenue, or US$3.0m). Market cap is less than US$100m (AU$25.1m market cap, or US$16.6m). Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Chairman of the Board Miles Jakeman was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 24
First half 2023 earnings released: AU$0.017 loss per share (vs AU$0.025 loss in 1H 2022) First half 2023 results: AU$0.017 loss per share (improved from AU$0.025 loss in 1H 2022). Revenue: AU$2.34m (down 3.3% from 1H 2022). Net loss: AU$4.64m (loss narrowed 22% from 1H 2022). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Sep 20
archTIS Launches New Module - NC Encrypt archTIS Limited announced the launch of NC Encrypt to provide independent encryption key management and Bring Your Own Key (BYOK) support for Microsoft 365 applications and SharePoint Server environments. Encryption of sensitive data in Microsoft 365 (M365) cloud applications and SharePoint on- premises is important for data security and compliance - especially with the surge in remote work and the number of collaboration channels these tools have introduced. NC Protect now offers flexible, enhanced options for organizations looking to encrypt their sensitive data. Out of the box, NC Protect enables dynamic encryption and adds additional protection capabilities to the standard Microsoft Purview Information Protection (MPIP) and RMS encryption capabilities included in customers' Microsoft stack. For organizations using NC Protect that do not have RMS, require independent key management, or want to leverage third party key management tools to encrypt Microsoft application content, the new NC Encrypt module provides independent encryption capabilities and BYOK support. Key features of NC Encrypt include: File and SharePoint column encryption NC Encrypt can be used to encrypt individual files in supported applications at rest and SharePoint columns to ensure the same protections and restrictions are applied to multiple forms of content for consistent security. Strong Encryption NC Encrypt uses secure AES-256 bit encryption that is FIPS 140-2 compatible. BYOK Support Customers can use NC Encrypt's dynamically generated keys or supply and manage their own encryption keys (BYOK). Enhanced Encryption Provides connectors to third party key management platforms so customers can easily leverage existing encryption investments. Centralized policy management Centrally manages both access and encryption policies across all M365 apps, SharePoint Online, SharePoint Server and/or hybrid environments from a single application to streamline policy management. Reporting and Auditing Real-time activity logging and reporting tracks permitted and denied access requests, and actions taken with authorized files for auditing and compliance purposes. Reported Earnings • Aug 29
Full year 2022 earnings released: AU$0.038 loss per share (vs AU$0.015 loss in FY 2021) Full year 2022 results: AU$0.038 loss per share (down from AU$0.015 loss in FY 2021). Revenue: AU$4.64m (flat on FY 2021). Net loss: AU$9.45m (loss widened 216% from FY 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Aug 17
archTIS Limited, Annual General Meeting, Oct 05, 2022 archTIS Limited, Annual General Meeting, Oct 05, 2022. Announcement • Jun 14
Archtis Announces New Cui Designator Labelling Capability for Us Defense Requirements archTIS, announced a new NC Protect watermarking feature to support CUI Designator labelling to assist US Defense and the Defense Industrial Base (DIB) with meeting the requirements for Controlled Unclassified Information (CUI) document handling and tagging. The feature will be globally available during the July 2022 timeframe, expanding the market opportunity in Defense and DIB. CUI is defined as government-created or owned information that requires safeguarding or dissemination controls consistent with applicable laws, regulations and government wide policies including CMMC, DFARS, NIST and ITAR (https://www.dodcui.mil/). The new CUI Designator Label capability supports NC Protect's existing ability to automate the identification and classification of CUI material stored and collaborated on across Microsoft 365 applications and SharePoint on-premises. The new CUI Designator Labeling capability automatically embeds required information including Owner Name, Controlled By, Category, Distribution/Limited Dissemination Control and POC into the document as a watermark. Key features of NC Protect's enhanced CUI watermarking capability include the ability to: Dynamically apply a CUI Designator Label to data at rest using a watermark. Manually build and apply the CUI Designator Label to data at rest using watermark. This can be previewed before it is applied. Dynamically apply a CUI Designator Label as the file is being viewed. When any watermarked document is opened in Microsoft Office or the NC Protect Secure Reader, the CUI Designator Label is embedded in the file. Documents can include multiple watermarks in addition to the CUI Designator Label as required to prevent and track the source of data leaks. NC Protect provides a full range of capabilities to identify and protect CUI and other sensitive data, allowing users to automatically classify and apply a CUI Designator Label to documents. Depending on the CUI level, user's geographic location and security privileges, NC Protect can apply dynamic protection to prevent visibility of the document to unauthorized users, prevent emailing, and/or display the document within NC Protect's. Announcement • May 18
AR9 NC Protect Now Available in Microsoft Azure Marketplace archTIS Limite announced the availability of NC Protect for Microsoft 365 in both Microsoft Azure Marketplace and Azure Government Marketplace, online stores providing applications and services for use on Azure. archTIS customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management. NC Protect from archTIS leverages Microsoft security investments to protect sensitive and classified information against data loss and insider threats using highly granular attribute- based access control (ABAC) and protection policies to secure content at rest and in motion. By combining Microsoft Information Protection (MIP) sensitivity labels with NC Protect's dynamic ABAC policies to control access, usage, and sharing of files, chats and messages, the solution allows customers to benefit from expanded protection and control over the collaboration of sensitive and classified information. NC Protect's easy-to-configure policies scale to support data security and compliance requirements across Microsoft 365 apps including Teams, SharePoint, Exchange, OneDrive, and Office 365. Announcement • Feb 17
Archtis Limited Adds Its NC Protect Products to the GSA Federal Supply Schedule 70 archTIS Limited announced that it has added its NC Protect products to the GSA Federal Supply Schedule 70, making the Company's advanced information protection solutions for the Microsoft 365 suite and SharePoint on-premises widely available to the U.S. Public Sector through channel partner TechSolnZ LLC. NC Protect integrates seamlessly with the Microsoft collaboration tools to enhance native security with dynamic, attribute-based access control (ABAC) and fine-grained data protection to reduce data loss and enforce Zero Trust at the file level. NC Protect appliespolicy-based contextual control over access, usage and sharing of sensitive files, chats and messages across Microsoft 365 apps, Teams, SharePoint on-premises and Windows file shares. GSA Federal Supply Schedule 70 inclusion extends NC Protect's availability to Federal, State, Local, and Education markets. In addition to the GSA schedule, NC Protect is also available on the following contracts through its partner Carahsoft: NASA Solutions forEnterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions Software 2 (ITES-SW2), National Association of State Procurement Officials (NASPO), National Cooperative Purchasing Alliance (NCPA) and OMNIA. NC Protect's inclusion on the GSA Schedule provides a vehicle to procure future customers. As it is a purchasing schedule, there is no associated or current monetary value and no associated contracts. It significantly simplifies the procurement process for Federal Government Agencies to acquireNC Protect. Announcement • Feb 07
archTIS Limited Announces Appointment of Nick Main as Chief Security Officer archTIS Limited announced the appointment of Nick Main as the new Chief Security Officer to support the Company' security strategy and practices across its people, products and infrastructure. Main is currently serving as the company's Chief Architect, defining and executing archTIS technology strategy. With over 20 years of senior level experience in Australian Government, Defence and law enforcement managing technology strategy, security, architecture, technical consultancy, and high tempo technical project delivery within complex and high security environments, Main is well positioned to lead the company's security program. Main's deep expertise in security and defence mandates will ensure the Company and its products continue to adhere to the highest levels of security to protect its infrastructure and assets, as well as customer information from physical and cyber threats. Main will replace Bruce Talbot, an archTIS Founder, as the CSO as Talbot transitions into retirement. Main's role as CSO will compliment his role as Chief Architect and demonstrates the importance to archTIS that security risk is managed as a foundation of the company's information management strategy, product development and data centric security program. Announcement • Sep 21
archTIS Limited (ASX:AR9) entered into an agreement to acquire Assets of Software Division from Cipherpoint GmbH for AUD 2.6 million. archTIS Limited (ASX:AR9) entered into an agreement to acquire Assets of Software Division from Cipherpoint GmbH for AUD 2.6 million on September 20, 2021. The purchase price consists of an initial AUD 1.4 million in cash payable at completion with AUD 0.2 million to be escrowed until the novation of certain contracts and potential deferred consideration of up to an additional AUD 1 million in AR9 shares based on total contract values of assigned contracts to AR9 as at March 31, 2022. Therefore total shares issued will be AUD 3.1 million. The assets comprise the IP to cp.Protect (an advanced SharePoint protection solution) as well as cp.Discover, (a data discovery and classification platform) the benefit of certain customer contracts, technology and European operations. Both cp. products complement the AR9’s NC Protect solutions. Cipherpoint Chief Operating Officer Steven Bliim will join archTIS as Vice President – Business Development, EMEA however will remain on the Board of Cipherpoint as a Non-Executive Director. Ted Pretty will be moving to the role of Managing Director and Executive Chairman of Cipherpoint. Cipherpoint sales and development staff in Europe (Heilbronn, Germany) will join AR9 Completion will occur two business days following the execution of the asset sale agreement. Reported Earnings • Aug 27
Full year 2021 earnings released: AU$0.015 loss per share (vs AU$0.029 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$4.63m (up AU$4.08m from FY 2020). Net loss: AU$2.99m (loss narrowed 20% from FY 2020). Price Target Changed • Apr 29
Price target increased to AU$0.36 Up from AU$0.21, the current price target is provided by 1 analyst. New target price is 24% above last closing price of AU$0.29. Stock is up 263% over the past year. Announcement • Mar 04
archTIS Names Bill Kalogeros as Director, Federal and Defense Industry Base archTIS Limited announced it is launching a dedicated Federal Sales and Channel Practice in the United States to meet increased government demand for advanced information protection solutions. As part of this new initiative, the Company announced Bill Kalogeros, a 25-year US federal sales professional and US veteran, has joined the archTIS leadership team as Director, Federal and Defense Industry Base. Riley Repko, a 30-year technology industry specialist, will serve as a strategic consultant leveraging his experience as the former strategic advisor to the US Air Force Secretary and the US Chief of Staff and as a retired US Air Force Reserve senior officer and combat veteran. Bill Kalogeros, the new Director, Federal and Defense Industry Base, is a consummate business executive with a dynamic career combining channel, business development and sales management responsibilities within highly competitive organizations, industries, and commercial and government markets. A former US Army Ranger, Kalogeros has held senior-level positions at GE Comstor, Cisco Federal, Bay Networks and MicroAccess Inc. Riley Repko is an entrepreneur, strategist and technology industry executive backed by 30 years of hands-on leadership experience collaborating closely with the private sector and with the military. Is New 90 Day High Low • Feb 26
New 90-day low: AU$0.29 The company is down 26% from its price of AU$0.39 on 27 November 2020. The Australian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 7.0% over the same period. Announcement • Feb 25
archTIS Selects by Office of the Australian Information Commissioner for Information Software Collaboration Solution archTIS Selects by Office of the Australian Information Commissioner for Information Software Collaboration Solution. The Office of the Australian Information Commissioner (OAIC) has entered into a 12- month agreement to use the archTIS Kojensi SaaS platform. The agreement has an initial total value of $44,412.01, including support services. The agreement validates archTIS' longer-term strategy to move toward a more predictable annual recurring /higher-margin revenue model across a more diversified customer base. Reported Earnings • Feb 24
First half 2021 earnings released: AU$0.008 loss per share (vs AU$0.018 loss in 1H 2020) First half 2021 results: Net loss: AU$1.43m (loss narrowed 37% from 1H 2020). Announcement • Feb 02
archTIS Limited Announces Executive Appointments archTIS Limited announced three key executive appointments. Former Nucleus Cyber CEO Kurt Mueffelmann has joined the company as the new Global Chief Operating Officer (COO) and US President to define and oversee archTIS's overall business and growth strategy. The company has also filled two key executive positions appointing former Nucleus Cyber executives, Irena Mroz as Chief Marketing Officer (CMO), and Leigh Rowland as Chief Engineer, to help fuel the company's growth. As Global COO and US President of archTIS, Kurt Mueffelmann brings over 25 years of technology leadership to the company. He brings to the role his passion for start-ups, and proven strategies for scaling go-to-market efforts and achieving hyper revenue growth. As the Chief Marketing Officer of archTIS, Irena Mroz leverages more than 20 years of B2B software and cybersecurity marketing expertise to direct the company's marketing strategy, messaging, lead generation and communications programs. Most recently, Mroz was the VP of Marketing at Nucleus Cyber. As the Chief Engineer of archTIS and Nucleus Cyber, Leigh Rowland is responsible for driving the evolution of the company's technology to provide secure collaboration and seamless integration into supported platforms. Recent Insider Transactions Derivative • Jan 23
MD, CEO & Executive Director exercised options to buy AU$540k worth of stock. On the 19th of January, Chun Leung Lai exercised options to buy 1.80m shares at a strike price of around AU$0.12, costing a total of AU$216k. This transaction amounted to 23% of their direct individual holding at the time of the trade. Since June 2020, Chun Leung has owned 7.41m shares directly. This was the only transaction from an insider over the last 12 months. Announcement • Jan 08
archTIS Limited (ASX:AR9) completed the acquisition of Nucleus Cyber, Inc. from Kurt Mueffelmann and others. archTIS Limited (ASX:AR9) entered into a merger agreement to acquire Nucleus Cyber, Inc from Kurt Mueffelmann and others for AUD 9.8 million on November 23, 2020. archTIS Limited (ASX:AR9) entered into a binding term sheet to acquire Nucleus Cyber, Inc from Kurt Mueffelmann and others for AUD 9.8 million on October 29, 2020. Under the terms of the consideration, archTIS will pay an initial consideration of AUD 6.25 million(subject to standard closing adjustments) and an additional deferred payment of upto AUD 3.5 million upon reaching certain defined revenue and corporate milestones, including an ARR of AUD 1 million by June 30, 2021 in archTIS shares. archTIS will issue total of 24.4 million shares for settlement of the transaction. All the Key Nucleus Cyber team members and senior executives will join the archTIS team. Kurt Mueffelmann will assume the role of Global Chief Operating Officer based in the US. The transaction is subject to standard documentation and approval by ordinary resolution of archTIS shareholders at the Annual General Meeting on December 23, 2020. The shareholder meeting is expected to be held in late November or early December. As per filing dated November 23, 2020 the shareholder meeting will be held on December 23, 2020. As of December 23, 2020 the approval to share issues has been received. The transaction is expected to close before the end of calendar year 2020. The transaction will be accretive to business-to-customer revenue.
archTIS Limited (ASX:AR9) completed the acquisition of Nucleus Cyber, Inc. from Kurt Mueffelmann and others on January 6, 2021. Is New 90 Day High Low • Dec 30
New 90-day low: AU$0.30 The company is down 26% from its price of AU$0.41 on 01 October 2020. The Australian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: AU$0.34 The company is down 22% from its price of AU$0.44 on 11 September 2020. The Australian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 18% over the same period. Announcement • Nov 24
archTIS Limited, Annual General Meeting, Dec 23, 2020 archTIS Limited, Annual General Meeting, Dec 23, 2020, at 10:00 AUS Eastern Standard Time. Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2020 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 and reelection of director; to consider approval of 7.1A mandate; to consider approval to issue shares acquisition of nucleus cyber incorporated; and to consider ratification of prior issue of shares . Announcement • Oct 29
archTIS Limited (ASX:AR9) entered into a binding term sheet to acquire Nucleus Cyber, Inc from Kurt Mueffelmann and others for AUD 9.8 million archTIS Limited (ASX:AR9) entered into a binding term sheet to acquire Nucleus Cyber, Inc from Kurt Mueffelmann and others for AUD 9.8 million on October 29, 2020. Under the terms of the consideration, archTIS will pay an initial consideration of AUD 6.25 million(subject to standard closing adjustments) and an additional payment of upto AUD 3.5 million upon reaching certain defined revenue and corporate milestones, including an ARR of AUD 1 million by June 30, 2021 in archTIS shares. All the Key Nucleus Cyber team members and senior executives will join the archTIS team. Kurt Mueffelmann will assume the role of Global Chief Operating Officer based in the US. The transaction is subject to standard documentation and approval from archTIS shareholders. The shareholder meeting is expected to be held in late November or early December. The transaction is expected to close before the end of calendar year 2020. The transaction will be accretive to business-to-customer revenue. Reported Earnings • Sep 23
Full year earnings released - AU$0.029 loss per share Over the last 12 months the company has reported total losses of AU$3.73m, with losses narrowing by 5.3% from the prior year.