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BID

Bill IdentityASX:BID Stock Report

Market Cap

AU$64.7m

7D

3.9%

1Y

-63.1%

Updated

22 Oct, 2021

Data

Company Financials +
BID fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

BID Overview

Bill Identity Limited, a technology company, provides utility bill management solutions in Australia, New Zealand, the United States, the United Kingdom, and Europe.

Price History & Performance

Summary of all time highs, changes and price drops for Bill Identity
Historical stock prices
Current Share PriceAU$0.40
52 Week HighAU$0.31
52 Week LowAU$1.26
Beta1.47
1 Month Change17.91%
3 Month Change-30.70%
1 Year Change-63.08%
3 Year Change-49.49%
5 Year Change-23.57%
Change since IPO-47.19%

Recent News & Updates

Apr 29
When Will Bill Identity Limited (ASX:BID) Turn A Profit?

When Will Bill Identity Limited (ASX:BID) Turn A Profit?

Bill Identity Limited ( ASX:BID ) is possibly approaching a major achievement in its business, so we would like to...

Shareholder Returns

BIDAU SoftwareAU Market
7D3.9%2.2%0.7%
1Y-63.1%28.7%21.4%

Return vs Industry: BID underperformed the Australian Software industry which returned 28.7% over the past year.

Return vs Market: BID underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is BID's price volatile compared to industry and market?
BID volatility
BID Beta1.47
Industry Beta0.85
Market Beta1

Stable Share Price: BID is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: BID's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/ahttps://www.billidentity.com

Bill Identity Limited, a technology company, provides utility bill management solutions in Australia, New Zealand, the United States, the United Kingdom, and Europe. The company’s cloud-based platform simplifies the complex energy spend management process by using automation and enables organizations to have complete control over their energy spend. Its robotic process automation platform is utilized to automatically capture and validate invoices, automate the payable function, discover cost reduction opportunities, and provide real-time energy and utility bill information and accurate financial capabilities.

Bill Identity Fundamentals Summary

How do Bill Identity's earnings and revenue compare to its market cap?
BID fundamental statistics
Market CapAU$64.74m
Earnings (TTM)-AU$12.14m
Revenue (TTM)AU$14.68m

4.4x

P/S Ratio

-5.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BID income statement (TTM)
RevenueAU$14.68m
Cost of RevenueAU$18.68m
Gross Profit-AU$4.00m
ExpensesAU$8.14m
Earnings-AU$12.14m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.074
Gross Margin-27.23%
Net Profit Margin-82.67%
Debt/Equity Ratio2.0%

How did BID perform over the long term?

See historical performance and comparison

Valuation

Is Bill Identity undervalued compared to its fair value and its price relative to the market?

46.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BID (A$0.4) is trading below our estimate of fair value (A$0.73)

Significantly Below Fair Value: BID is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BID is unprofitable, so we can't compare its PE Ratio to the Australian Software industry average.

PE vs Market: BID 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 BID's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BID is good value based on its PB Ratio (2.4x) compared to the AU Software industry average (5.2x).


Future Growth

How is Bill Identity forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

109.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BID is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: BID is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BID's is expected to become profitable in the next 3 years.

Revenue vs Market: BID's revenue (34.4% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: BID's revenue (34.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BID's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Bill Identity performed over the past 5 years?

-13.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BID is currently unprofitable.

Growing Profit Margin: BID is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BID is unprofitable, and losses have increased over the past 5 years at a rate of 13.8% per year.

Accelerating Growth: Unable to compare BID's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BID is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).


Return on Equity

High ROE: BID has a negative Return on Equity (-45.39%), as it is currently unprofitable.


Financial Health

How is Bill Identity's financial position?


Financial Position Analysis

Short Term Liabilities: BID's short term assets (A$18.7M) exceed its short term liabilities (A$6.9M).

Long Term Liabilities: BID's short term assets (A$18.7M) exceed its long term liabilities (A$1.0M).


Debt to Equity History and Analysis

Debt Level: BID's debt to equity ratio (2%) is considered satisfactory.

Reducing Debt: BID's debt to equity ratio has reduced from 464.1% to 2% over the past 5 years.


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: BID has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BID has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Bill Identity current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BID's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BID'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 BID's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BID'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 BID'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?

0.9yrs

Average management tenure


CEO

Bill Identity has no CEO, or we have no data on them.


Leadership Team

Experienced Management: BID's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: BID's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BID 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 22.3%.


Top Shareholders

Company Information

Bill Identity Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Bill Identity Limited
  • Ticker: BID
  • Exchange: ASX
  • Founded: NaN
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$64.739m
  • Shares outstanding: 163.90m
  • Website: https://www.billidentity.com

Location

  • Bill Identity Limited
  • 360 Elizabeth Street
  • Level 49
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:49
End of Day Share Price2021/10/22 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.