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Buddy Technologies

Executive Summary

Buddy Technologies Limited provides data monitoring services in Australia and Europe.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Buddy Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BUD's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

BUD

5.0%

AU IT

4.8%

AU Market


1 Year Return

-75.0%

BUD

21.7%

AU IT

-10.6%

AU Market

Return vs Industry: BUD underperformed the Australian IT industry which returned 21.3% over the past year.

Return vs Market: BUD underperformed the Australian Market which returned -10.3% over the past year.


Shareholder returns

BUDIndustryMarket
7 Day0%5.0%4.8%
30 Day30.0%26.2%5.5%
90 Day-35.0%15.8%-10.1%
1 Year-75.0%-75.0%23.6%21.7%-7.0%-10.6%
3 Year-81.9%-81.9%41.1%30.5%10.3%-4.3%
5 Yearn/a120.6%95.6%28.3%0.7%

Price Volatility Vs. Market

How volatile is Buddy Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Buddy Technologies undervalued compared to its fair value and its price relative to the market?

0.55x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BUD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BUD's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BUD is good value based on its PB Ratio (0.6x) compared to the AU IT industry average (1.9x).


Next Steps

Future Growth

How is Buddy Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

42.8%

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 Buddy Technologies 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.


Next Steps

Past Performance

How has Buddy Technologies performed over the past 5 years?

-21.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BUD is currently unprofitable.

Growing Profit Margin: BUD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BUD is unprofitable, and losses have increased over the past 5 years at a rate of -21.6% per year.

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

Earnings vs Industry: BUD is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-0.3%).


Return on Equity

High ROE: BUD has a negative Return on Equity (-62.19%), as it is currently unprofitable.


Next Steps

Financial Health

How is Buddy Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: BUD's short term assets (A$20.2M) do not cover its short term liabilities (A$45.0M).

Long Term Liabilities: BUD's short term assets (A$20.2M) exceed its long term liabilities (A$6.1M).


Debt to Equity History and Analysis

Debt Level: BUD's debt to equity ratio (24.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if BUD's debt to equity ratio has reduced 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: BUD has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: BUD is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Buddy Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

2.3yrs

Average management tenure


CEO

David McLauchlan

no data

Tenure

AU$349,467

Compensation

Mr. David P. McLauchlan is Co-Founder and Chief Executive Officer of Buddy Platform, Inc. and has been its Executive Director since December 17, 2015. Mr. McLauchlan was Cofounder of TVinteract, L.L.C. He  ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD232.02K) is about average for companies of similar size in the Australian market ($USD253.20K).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
David McLauchlan
Co-Founderno dataAU$349.47k5.59% A$1.7m
Richard Jacroux
CFO & COO3.58yrsAU$378.04k0.19% A$58.5k
Marc Alexander
CTO & Executive Director1yrAU$251.51k1.71% A$530.2k
Brian Seitz
Vice President of Marketing & Communicationsno datano datano data
Tim Ritchie
Vice President of Sales4.17yrsno datano data
Ben Secrett
Company Secretary0.17yrno datano data

2.3yrs

Average Tenure

Experienced Management: BUD's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David McLauchlan
Co-Founderno dataAU$349.47k5.59% A$1.7m
Marc Alexander
CTO & Executive Director1yrAU$251.51k1.71% A$530.2k
John van Ruth
Non-Executive Director4.17yrsno data0.062% A$19.2k
Ron Spector
Member of Advisory Boardno datano datano data
Richard Borenstein
Non-Executive Chairmanno datano data0.96% A$297.8k
Rosemary Batt
Non-Executive Director1.42yrsno datano data

2.8yrs

Average Tenure

Experienced Board: BUD's board of directors are not considered experienced ( 2.8 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: 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 32.3%.


Top Shareholders

Company Information

Buddy Technologies Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Buddy Technologies Limited
  • Ticker: BUD
  • Exchange: ASX
  • Founded: 2006
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: AU$31.019m
  • Shares outstanding: 2.39b
  • Website: https://www.buddy.com

Number of Employees


Location

  • Buddy Technologies Limited
  • 12 Pirie Street
  • Level 3
  • Adelaide
  • South Australia
  • 5000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BUDASX (Australian Securities Exchange)YesCommon StockAUAUDDec 2008
POTT.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2008
TRODB (Deutsche Boerse AG)YesCommon StockDEEURDec 2008
BUDCHIA (Chi-X Australia)YesCommon StockAUAUDDec 2008

Biography

Buddy Technologies Limited provides data monitoring services in Australia and Europe. It operates through Commercial Business and Consumer Business segments. The company offers Buddy Ohm, a resource monitoring and analytics solution that provides energy monitoring, reporting, and auditing services for commercial and industrial customers; and Buddy Managed Services that license Buddy’s technology platforms to customers for integration into their own products. It also provides Buddy Cloud that enables access to and storage of data from recreational vehicles, schools, commercial buildings, or cities; and Parse on Buddy, a mobile backend as a service built on the BaaS technology. In addition, the company offers Wi-Fi enabled lights for homes through distributors, retailers, and e-commerce platforms. The company was formerly known as Buddy Platform Limited and changed its name to Buddy Technologies Limited in April 2019. Buddy Technologies Limited was incorporated in 2006 and is based in Adelaide, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 10:36
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.