| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
EIQ Stock Overview
EchoIQ Limited provides cardiac diagnostics technology solution in Australia.
Echo IQ Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.14 |
| 52 Week High | AU$0.20 |
| 52 Week Low | AU$0.094 |
| Beta | 1.22 |
| 1 Month Change | 11.54% |
| 3 Month Change | 11.54% |
| 1 Year Change | 38.10% |
| 3 Year Change | n/a |
| 5 Year Change | 11.54% |
| Change since IPO | -84.07% |
Recent News & Updates
Shareholder Returns
| EIQ | AU Software | AU Market | |
|---|---|---|---|
| 7D | 3.6% | -1.1% | 0.7% |
| 1Y | 38.1% | -14.3% | -8.5% |
Return vs Industry: EIQ exceeded the Australian Software industry which returned -14.3% over the past year.
Return vs Market: EIQ exceeded the Australian Market which returned -8.5% over the past year.
Price Volatility
| EIQ volatility | |
|---|---|
| EIQ Average Weekly Movement | 11.8% |
| Software Industry Average Movement | 12.0% |
| Market Average Movement | 10.6% |
| 10% most volatile stocks in AU Market | 18.0% |
| 10% least volatile stocks in AU Market | 4.6% |
Stable Share Price: EIQ is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: EIQ's weekly volatility (12%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | Andrew Grover | https://www.echoiq.ai |
EchoIQ Limited provides cardiac diagnostics technology solution in Australia. The company’s artificial intelligence-assisted diagnostics technology supports the sensitive diagnosis of Aortic Stenosis. It primarily serves device manufacturers, cardio scanning equipment, pharmaceuticals, and healthcare providers and insurers, as well as clinicians and patients.
Echo IQ Fundamentals Summary
| EIQ fundamental statistics | |
|---|---|
| Market Cap | AU$62.30m |
| Earnings (TTM) | -AU$5.41m |
| Revenue (TTM) | AU$934.05k |
66.8x
P/S Ratio-11.5x
P/E RatioIs EIQ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EIQ income statement (TTM) | |
|---|---|
| Revenue | AU$934.05k |
| Cost of Revenue | AU$1.37m |
| Gross Profit | -AU$439.35k |
| Other Expenses | AU$4.97m |
| Earnings | -AU$5.41m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.013 |
| Gross Margin | -47.04% |
| Net Profit Margin | -579.20% |
| Debt/Equity Ratio | 0.0% |
How did EIQ perform over the long term?
See historical performance and comparisonValuation
Is EIQ undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for EIQ?
Other financial metrics that can be useful for relative valuation.
| What is EIQ's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$62.30m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 64x |
| Enterprise Value/EBITDA | -12.7x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does EIQ's PB Ratio compare to its peers?
| EIQ PB Ratio vs Peers |
|---|
| Company | PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 48.8x | ||
XF1 Xref | 184.3x | n/a | AU$68.0m |
SNS SenSen Networks | 3.6x | 61.8% | AU$58.6m |
ESK Etherstack | 5.6x | 46.6% | AU$51.0m |
NOV Novatti Group | 1.6x | n/a | AU$68.7m |
EIQ Echo IQ | 7.3x | n/a | AU$62.3m |
Price-To-Book vs Peers: EIQ is good value based on its Price-To-Book Ratio (7.3x) compared to the peer average (48.8x).
Price to Earnings Ratio vs Industry
How does EIQ's PE Ratio compare vs other companies in the AU Software Industry?
Price-To-Book vs Industry: EIQ is expensive based on its Price-To-Book Ratio (7.3x) compared to the Australian Software industry average (2.9x)
Price to Book Ratio vs Fair Ratio
What is EIQ's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 7.3x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate EIQ's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of EIQ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate EIQ's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate EIQ's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Echo IQ forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
30.9%
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 Echo IQ 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.
Discover growth companies
- Examine Echo IQ's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Echo IQ competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Echo IQ performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
37.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EIQ is currently unprofitable.
Growing Profit Margin: EIQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EIQ is unprofitable, but has reduced losses over the past 5 years at a rate of 37.5% per year.
Accelerating Growth: Unable to compare EIQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EIQ is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (24.9%).
Return on Equity
High ROE: EIQ has a negative Return on Equity (-63.79%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Echo IQ's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: EIQ's short term assets (A$2.7M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: EIQ's short term assets (A$2.7M) exceed its long term liabilities (A$326.8K).
Debt to Equity History and Analysis
Debt Level: EIQ is debt free.
Reducing Debt: EIQ has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
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: EIQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EIQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.9% each year
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Dividend
What is Echo IQ current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EIQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EIQ'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 EIQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EIQ's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as EIQ has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
0.8yrs
Average management tenure
CEO
Andrew Grover
no data
Tenure
AU$423,358
Compensation
Mr. Andrew Grover has been an Interim Managing Director of EchoIQ Limited (formerly known as Echo IQ Limited (formerly known as Houston We Have Limited)). He has been an Executive Chairman of EchoIQ Limite...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD300.70K) is about average for companies of similar size in the Australian market ($USD285.93K).
Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: EIQ's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: EIQ's board of directors are considered experienced (3.1 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%.
Top Shareholders
Company Information
Echo IQ Limited's employee growth, exchange listings and data sources
Key Information
- Name: Echo IQ Limited
- Ticker: EIQ
- Exchange: ASX
- Founded: NaN
- Industry: Application Software
- Sector: Software
- Implied Market Cap: AU$62.304m
- Shares outstanding: 429.68m
- Website: https://www.echoiq.ai
Location
- Echo IQ Limited
- 3/33 Atchison Street
- St Leonards
- New South Wales
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/13 00:00 |
| End of Day Share Price | 2022/08/12 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
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.