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AV1

AdveritasASX:AV1 Stock Report

Market Cap

AU$39.9m

7D

-2.4%

1Y

2.5%

Updated

18 Oct, 2021

Data

Company Financials
AV1 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

AV1 Overview

Adveritas Limited provides funnel measurement, verification, and fraud prevention solutions for digital advertising in Australia and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Adveritas
Historical stock prices
Current Share PriceAU$0.10
52 Week HighAU$0.091
52 Week LowAU$0.23
Beta2.77
1 Month Change2.50%
3 Month Change2.50%
1 Year Change2.50%
3 Year Change105.00%
5 Year Change-57.29%
Change since IPO-75.60%

Recent News & Updates

May 06
We're Keeping An Eye On Adveritas' (ASX:AV1) Cash Burn Rate

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...

Mar 14
Have Insiders Been Buying Adveritas Limited (ASX:AV1) Shares This Year?

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...

Jan 20
Is Adveritas (ASX:AV1) In A Good Position To Deliver On Growth Plans?

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

AV1AU SoftwareAU Market
7D-2.4%2.8%0.9%
1Y2.5%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

Is AV1's price volatile compared to industry and market?
AV1 volatility
AV1 Beta2.77
Industry Beta0.84
Market Beta1

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

FoundedEmployeesCEOWebsite
2012n/aMathew Rattyhttps://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

How do Adveritas's earnings and revenue compare to its market cap?
AV1 fundamental statistics
Market CapAU$39.88m
Earnings (TTM)-AU$9.00m
Revenue (TTM)AU$964.11k

41.5x

P/S Ratio

-4.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AV1 income statement (TTM)
RevenueAU$964.11k
Cost of RevenueAU$8.03m
Gross Profit-AU$7.07m
ExpensesAU$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 Ratio0%

How did AV1 perform over the long term?

See historical performance and comparison

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:35
End of Day Share Price2021/10/18 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.