Cirralto Limited develops and commercializes technology assets that enable the modernization of business IT systems through conversion, migration, and management of server based legacy data and systems to the cloud.
Mediocre balance sheet and overvalued.
Share Price & News
How has Cirralto's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CRO's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CRO underperformed the Australian IT industry which returned 21.7% over the past year.
Return vs Market: CRO underperformed the Australian Market which returned -10.6% over the past year.
Price Volatility Vs. Market
How volatile is Cirralto's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of Cirralto Limited (ASX:CRO)?
6 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most Cirralto Limited (ASX:CRO) Stock?
7 months ago | Simply Wall StHere's Why We're A Bit Worried About Cirralto's (ASX:CRO) Cash Burn Situation
Is Cirralto undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CRO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CRO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CRO is unprofitable, so we can't compare its PE Ratio to the IT industry average.
PE vs Market: CRO 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 CRO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CRO is good value based on its PB Ratio (1.6x) compared to the AU IT industry average (1.9x).
How is Cirralto forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Cirralto 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.
- Take a look at our analysis of CRO’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Cirralto competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Cirralto performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: CRO is currently unprofitable.
Growing Profit Margin: CRO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if CRO's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare CRO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CRO is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-0.3%).
Return on Equity
High ROE: CRO has a negative Return on Equity (-304.54%), as it is currently unprofitable.
How is Cirralto's financial position?
Financial Position Analysis
Short Term Liabilities: CRO's short term assets (A$1.2M) do not cover its short term liabilities (A$2.8M).
Long Term Liabilities: CRO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRO's debt to equity ratio (87.4%) is considered high.
Reducing Debt: Insufficient data to determine if CRO's debt to equity ratio has reduced over the past 5 years.
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: CRO has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CRO is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.
What is Cirralto's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CRO'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 CRO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CRO'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 CRO's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Adrian Floate is the Founder of Cirralto. Mr. Floate has been the Managing Director of Cirralto Ltd. since September 2018 and served as its Executive Director of Sales since 2014 to 2017. He served as ...
CEO Compensation Analysis
Compensation vs Market: Adrian's total compensation ($USD0.00) is below average for companies of similar size in the Australian market ($USD252.51K).
Compensation vs Earnings: Adrian's compensation has increased whilst the company is unprofitable.
|MD & Executive Director||1.58yrs||AU$566.31k||7.52% A$247.8k|
|Independent Chairman||2.33yrs||AU$48.41k||1.69% A$55.7k|
|Non-Executive Director||0.83yr||no data||0.081% A$2.7k|
|Non-Executive Director||6yrs||AU$30.00k||0.18% A$6.0k|
Experienced Board: CRO's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CRO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.7%.
Cirralto Limited's company bio, employee growth, exchange listings and data sources
- Name: Cirralto Limited
- Ticker: CRO
- Exchange: ASX
- Industry: Internet Services and Infrastructure
- Sector: Software
- Market Cap: AU$3.293m
- Shares outstanding: 823.36m
- Website: https://www.cirralto.com.au
- Cirralto Limited
- 1B/205-207 Johnston Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CRO||ASX (Australian Securities Exchange)||Yes||New Ordinary Shares||AU||AUD||Nov 2017|
|CRO||CHIA (Chi-X Australia)||Yes||New Ordinary Shares||AU||AUD||Nov 2017|
Cirralto Limited develops and commercializes technology assets that enable the modernization of business IT systems through conversion, migration, and management of server based legacy data and systems to the cloud. The company offers Flash Convert, a migration tool; Synk’d, a solution to synk data across cloud App eco system into accounting and ERP software; and PoolBox, a pool management platform. It enables retailers, not-for-profits, franchise and buying groups, and wholesalers and distributors to migrate data. The company is based in Fitzroy, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 10:58|
|End of Day Share Price||2020/05/29 00:00|
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.