CV Check Ltd, together with its subsidiaries, provides screening and verification services to for organisations, employers, and individuals in Australia and New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.17|
|52 Week High||AU$0.12|
|52 Week Low||AU$0.21|
|1 Month Change||-5.56%|
|3 Month Change||6.25%|
|1 Year Change||0%|
|3 Year Change||146.38%|
|5 Year Change||54.55%|
|Change since IPO||-19.05%|
Recent News & Updates
We're Not Very Worried About CV Check's (ASX:CV1) Cash Burn Rate
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
We Take A Look At Why CV Check Ltd's (ASX:CV1) CEO Compensation Is Well Earned
It would be hard to discount the role that CEO Rod Sherwood has played in delivering the impressive results at CV Check...
Have Insiders Been Selling CV Check Ltd (ASX:CV1) Shares?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
|CV1||AU IT||AU Market|
Return vs Industry: CV1 underperformed the Australian IT industry which returned 9% over the past year.
Return vs Market: CV1 underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: CV1 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: CV1's weekly volatility (9%) has been stable over the past year.
About the Company
CV Check Ltd, together with its subsidiaries, provides screening and verification services to for organisations, employers, and individuals in Australia and New Zealand. It offers national police checks; employment reference checks; employment and qualification checks; VEVO visa and work entitlement checks; credit, financial, and business checks; traffic and license checks; and international checks, as well as predictive psychometric assessments services. The company also provides SaaS-based workforce management and compliance technology systems.
CV Check Fundamentals Summary
|CV1 fundamental statistics|
Is CV1 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CV1 income statement (TTM)|
|Cost of Revenue||AU$7.21m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0023|
|Net Profit Margin||-5.61%|
How did CV1 perform over the long term?See historical performance and comparison
Is CV Check 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 CV1's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CV1's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CV1 is unprofitable, so we can't compare its PE Ratio to the Australian IT industry average.
PE vs Market: CV1 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 CV1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CV1 is good value based on its PB Ratio (2.8x) compared to the AU IT industry average (3.4x).
How is CV Check 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 CV Check 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.
How has CV Check performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CV1 is currently unprofitable.
Growing Profit Margin: CV1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CV1 is unprofitable, but has reduced losses over the past 5 years at a rate of 50.6% per year.
Accelerating Growth: Unable to compare CV1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CV1 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-11.2%).
Return on Equity
High ROE: CV1 has a negative Return on Equity (-3.85%), as it is currently unprofitable.
How is CV Check's financial position?
Financial Position Analysis
Short Term Liabilities: CV1's short term assets (A$16.3M) exceed its short term liabilities (A$6.3M).
Long Term Liabilities: CV1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CV1 is debt free.
Reducing Debt: CV1 has not had any debt for 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: Whilst unprofitable CV1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CV1 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.7% per year.
What is CV Check current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CV1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CV1'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 CV1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CV1'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 CV1'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 management tenure
Michael Ivanchenko (50 yo)
Mr. Michael Ivanchenko has been Chief Executive Officer at CV Check Ltd since August 30, 2021. He served as Senior Vice President of Sales at OpenTV Corp. since April 2007 until September 2011. Mr. Ivanche...
Experienced Management: CV1's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Experienced Board: CV1's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 46.9%.
CV Check Ltd's employee growth, exchange listings and data sources
- Name: CV Check Ltd
- Ticker: CV1
- Exchange: ASX
- Founded: 2004
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: AU$72.990m
- Shares outstanding: 429.35m
- Website: https://cvcheck.com
- CV Check Ltd
- The Garden Office Park
- Building E
- Osborne Park
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:02|
|End of Day Share Price||2021/10/15 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.