| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
AV1 Overview
Adveritas Limited provides funnel measurement, verification, and fraud prevention solutions for digital advertising in Australia and internationally.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.10 |
| 52 Week High | AU$0.091 |
| 52 Week Low | AU$0.23 |
| Beta | 2.77 |
| 1 Month Change | 2.50% |
| 3 Month Change | 2.50% |
| 1 Year Change | 2.50% |
| 3 Year Change | 105.00% |
| 5 Year Change | -57.29% |
| Change since IPO | -75.60% |
Recent News & Updates
We're Keeping An Eye On Adveritas' (ASX:AV1) Cash Burn Rate
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Have Insiders Been Buying Adveritas Limited (ASX:AV1) Shares This Year?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
Is Adveritas (ASX:AV1) In A Good Position To Deliver On Growth Plans?
We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Shareholder Returns
| AV1 | AU Software | AU Market | |
|---|---|---|---|
| 7D | -2.4% | 2.8% | 0.9% |
| 1Y | 2.5% | 27.7% | 20.2% |
Return vs Industry: AV1 underperformed the Australian Software industry which returned 27.7% over the past year.
Return vs Market: AV1 underperformed the Australian Market which returned 20.2% over the past year.
Price Volatility
| AV1 volatility | |
|---|---|
| AV1 Beta | 2.77 |
| Industry Beta | 0.84 |
| Market Beta | 1 |
Stable Share Price: AV1 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: AV1's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | n/a | Mathew Ratty | https://www.adveritas.com.au |
Adveritas Limited provides funnel measurement, verification, and fraud prevention solutions for digital advertising in Australia and internationally. It develops TrafficGuard, a fraud mitigation software as a service that detects, mitigates, and reports on digital ad fraud before it hits advertising budgets; and nxus, a proprietary mediation platform that offers real-time attribution tracking, analytics, and reporting data for online advertising. The company was formerly known as Tech Mpire Limited and changed its name to Adveritas Limited in December 2018.
Adveritas Fundamentals Summary
| AV1 fundamental statistics | |
|---|---|
| Market Cap | AU$39.88m |
| Earnings (TTM) | -AU$9.00m |
| Revenue (TTM) | AU$964.11k |
41.5x
P/S Ratio-4.4x
P/E RatioIs AV1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AV1 income statement (TTM) | |
|---|---|
| Revenue | AU$964.11k |
| Cost of Revenue | AU$8.03m |
| Gross Profit | -AU$7.07m |
| Expenses | AU$1.93m |
| Earnings | -AU$9.00m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.023 |
| Gross Margin | -732.97% |
| Net Profit Margin | -933.40% |
| Debt/Equity Ratio | 0% |
How did AV1 perform over the long term?
See historical performance and comparisonValuation
Is Adveritas undervalued compared to its fair value and its price relative to the market?
22.14x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AV1's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AV1's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AV1 is unprofitable, so we can't compare its PE Ratio to the Australian Software industry average.
PE vs Market: AV1 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 AV1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AV1 is overvalued based on its PB Ratio (22.1x) compared to the AU Software industry average (5.2x).
Future Growth
How is Adveritas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
41.1%
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 Adveritas 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 Adveritas performed over the past 5 years?
-20.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AV1 is currently unprofitable.
Growing Profit Margin: AV1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AV1 is unprofitable, and losses have increased over the past 5 years at a rate of 20.5% per year.
Accelerating Growth: Unable to compare AV1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AV1 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).
Return on Equity
High ROE: AV1 has a negative Return on Equity (-499.33%), as it is currently unprofitable.
Financial Health
How is Adveritas's financial position?
Financial Position Analysis
Short Term Liabilities: AV1's short term assets (A$3.8M) exceed its short term liabilities (A$2.0M).
Long Term Liabilities: AV1's short term assets (A$3.8M) exceed its long term liabilities (A$531.5K).
Debt to Equity History and Analysis
Debt Level: AV1 is debt free.
Reducing Debt: AV1 had no debt 5 years ago.
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: AV1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AV1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.2% each year
Dividend
What is Adveritas's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AV1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AV1'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 AV1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AV1'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 AV1'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?
3.5yrs
Average management tenure
CEO
Mathew Ratty
3.58yrs
Tenure
AU$470,215
Compensation
Mr. Mathew Ratty has been the Chief Executive Officer of Adveritas Limited (formerly known as Tech Mpire Limited) since November 9, 2018 and serves as its Managing Director. Mr. Ratty served as Interim Man...
CEO Compensation Analysis
Compensation vs Market: Mathew's total compensation ($USD349.01K) is about average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Mathew's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: AV1's management team is considered experienced (3.5 years average tenure).
Board Members
Experienced Board: AV1's board of directors are considered experienced (4.3 years average tenure).
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 11.4%.
Top Shareholders
Company Information
Adveritas Limited's employee growth, exchange listings and data sources
Key Information
- Name: Adveritas Limited
- Ticker: AV1
- Exchange: ASX
- Founded: 2012
- Industry: Application Software
- Sector: Software
- Market Cap: AU$39.884m
- Shares outstanding: 389.11m
- Website: https://www.adveritas.com.au
Location
- Adveritas Limited
- 16 Brodie Hall Drive
- Suite 10
- Bentley
- Western Australia
- 6102
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/18 15:35 |
| End of Day Share Price | 2021/10/18 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.