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Firstwave Cloud Technology

ASX:FCT
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FCT
ASX
A$79M
Market Cap
  1. Home
  2. AU
  3. Software
Company description

Firstwave Cloud Technology Limited engages in the development and sale of Internet security software to businesses, enterprises, and government organizations in Australia and internationally. The last earnings update was 84 days ago. More info.


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FCT Share Price and Events
7 Day Returns
9.6%
ASX:FCT
-3.1%
AU IT
4%
AU Market
1 Year Returns
5.6%
ASX:FCT
21.1%
AU IT
5.2%
AU Market
FCT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Firstwave Cloud Technology (FCT) 9.6% 1.8% -10.9% 5.6% 16.3% -
AU IT -3.1% 0% 7.9% 21.1% 46.1% 43.7%
AU Market 4% 3.5% 5.9% 5.2% 21.7% 9.6%
1 Year Return vs Industry and Market
  • FCT underperformed the IT industry which returned 21.1% over the past year.
Price Volatility
FCT
Industry
5yr Volatility vs Market

Value

 Is Firstwave Cloud Technology undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Firstwave Cloud Technology. This is due to cash flow or dividend data being unavailable. The share price is A$0.285.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Firstwave Cloud Technology's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Firstwave Cloud Technology's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:FCT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.05
ASX:FCT Share Price ** ASX (2019-05-22) in AUD A$0.29
Australia IT Industry PE Ratio Median Figure of 16 Publicly-Listed IT Companies 15.5x
Australia Market PE Ratio Median Figure of 542 Publicly-Listed Companies 15.99x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Firstwave Cloud Technology.

ASX:FCT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:FCT Share Price ÷ EPS (both in AUD)

= 0.29 ÷ -0.05

-5.19x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Firstwave Cloud Technology is loss making, we can't compare its value to the AU IT industry average.
  • Firstwave Cloud Technology is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Firstwave Cloud Technology's expected growth come at a high price?
Raw Data
ASX:FCT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.19x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Australia IT Industry PEG Ratio Median Figure of 12 Publicly-Listed IT Companies 1.09x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Firstwave Cloud Technology, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Firstwave Cloud Technology's assets?
Raw Data
ASX:FCT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:FCT Share Price * ASX (2019-05-22) in AUD A$0.29
Australia IT Industry PB Ratio Median Figure of 32 Publicly-Listed IT Companies 2.53x
Australia Market PB Ratio Median Figure of 1,678 Publicly-Listed Companies 1.63x
ASX:FCT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:FCT Share Price ÷ Book Value per Share (both in AUD)

= 0.29 ÷ 0.01

20.92x

* Primary Listing of Firstwave Cloud Technology.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Firstwave Cloud Technology is overvalued based on assets compared to the AU IT industry average.
X
Value checks
We assess Firstwave Cloud Technology's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Firstwave Cloud Technology has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Firstwave Cloud Technology expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
29.8%
Expected IT industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Firstwave Cloud Technology expected to grow at an attractive rate?
  • Unable to compare Firstwave Cloud Technology's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Firstwave Cloud Technology's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Firstwave Cloud Technology's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:FCT Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia IT Industry Earnings Growth Rate Market Cap Weighted Average 29.8%
Australia IT Industry Revenue Growth Rate Market Cap Weighted Average 14.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:FCT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:FCT Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 51 1
ASX:FCT Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 8 -8 -12
2018-09-30 8 -6 -10
2018-06-30 8 -4 -9
2018-03-31 8 -3 -7
2017-12-31 8 -1 -5
2017-09-30 7 -2 -5
2017-06-30 6 -2 -5
2017-03-31 7 -3 -6
2016-12-31 7 -4 -6
2016-09-30 7 -4 -5
2016-06-30 6 -4 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Firstwave Cloud Technology is high growth as no earnings estimate data is available.
  • Unable to determine if Firstwave Cloud Technology is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:FCT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Firstwave Cloud Technology Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:FCT Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30
ASX:FCT Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.05
2018-09-30 -0.05
2018-06-30 -0.04
2018-03-31 -0.04
2017-12-31 -0.03
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.03
2016-12-31 -0.04
2016-09-30 -0.04
2016-06-30 -0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Firstwave Cloud Technology will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Firstwave Cloud Technology's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Firstwave Cloud Technology has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Firstwave Cloud Technology performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Firstwave Cloud Technology's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Firstwave Cloud Technology does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Firstwave Cloud Technology's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Firstwave Cloud Technology's 1-year growth to the AU IT industry average as it is not currently profitable.
Earnings and Revenue History
Firstwave Cloud Technology's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Firstwave Cloud Technology Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:FCT Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 7.99 -11.90 11.75 3.90
2018-09-30 7.90 -10.31 10.16 3.96
2018-06-30 7.82 -8.72 8.56 4.02
2018-03-31 7.73 -6.75 7.70 3.84
2017-12-31 7.64 -4.78 6.85 3.66
2017-09-30 7.04 -4.93 6.78 3.55
2017-06-30 6.44 -5.07 6.72 3.44
2017-03-31 6.54 -5.54 6.67 2.77
2016-12-31 6.65 -6.02 6.63 2.11
2016-09-30 6.53 -5.34 6.16 1.73
2016-06-30 6.40 -4.65 5.70 1.35
2015-06-30 4.66 0.04 2.60 0.82
2014-06-30 3.98 0.00 2.85 -0.12
2013-06-30 2.96 -0.12 2.54 -0.12
2012-06-30 2.15 -0.23 2.21 -0.11

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Firstwave Cloud Technology has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Firstwave Cloud Technology has efficiently used its assets last year compared to the AU IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Firstwave Cloud Technology improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Firstwave Cloud Technology's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Firstwave Cloud Technology has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Firstwave Cloud Technology's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Firstwave Cloud Technology's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Firstwave Cloud Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Firstwave Cloud Technology's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Firstwave Cloud Technology's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 60x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Firstwave Cloud Technology Company Filings, last reported 4 months ago.

ASX:FCT Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3.41 0.11 3.19
2018-09-30 3.41 0.11 3.19
2018-06-30 5.74 0.09 5.78
2018-03-31 5.74 0.09 5.78
2017-12-31 6.32 0.21 4.08
2017-09-30 6.32 0.21 4.08
2017-06-30 4.89 0.29 1.76
2017-03-31 4.89 0.29 1.76
2016-12-31 6.44 0.41 3.17
2016-09-30 6.44 0.41 3.17
2016-06-30 8.73 0.58 5.77
2015-06-30 1.89 1.04 0.39
2014-06-30 3.15 1.29 1.05
2013-06-30 3.14 0.84 0.28
2012-06-30 3.13 0.46 0.15
  • Firstwave Cloud Technology's level of debt (3.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (33.9% vs 3.1% today).
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.

  • Firstwave Cloud Technology has less than a year of cash runway based on current free cash flow.
  • Firstwave Cloud Technology has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.3% each year.
X
Financial health checks
We assess Firstwave Cloud Technology's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Firstwave Cloud Technology has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Firstwave Cloud Technology's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Firstwave Cloud Technology dividends.
If you bought A$2,000 of Firstwave Cloud Technology shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Firstwave Cloud Technology's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Firstwave Cloud Technology's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:FCT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Australia IT Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 2.3%
Australia Market Average Dividend Yield Market Cap Weighted Average of 414 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:FCT Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-06-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Firstwave Cloud Technology has not reported any payouts.
  • Unable to verify if Firstwave Cloud Technology's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Firstwave Cloud Technology's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Firstwave Cloud Technology has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Firstwave Cloud Technology's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Firstwave Cloud Technology afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Firstwave Cloud Technology has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Firstwave Cloud Technology's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Kirton
COMPENSATION A$323,819
TENURE AS CEO 1.6 years
CEO Bio

Mr. David Kirton, B.Com, CPA, has been Chief Executive Officer of Firstwave Cloud Technology Limited since August 22, 2018 and served as its Chief Financial Officer since May 9, 2017 until April 2019. Mr. Kirton served as Interim Chief Executive Officer at Firstwave Cloud Technology Limited from October 3, 2017 to August 23, 2018. He serves as the Group Financial Controller of Telstra's Business and Government Division. Mr. Kirton has extensive commercial experience in the telecommunications and retail industries. He served as the Group Finance Manager, Retail and Distribution and Group Finance Manager of Telstra Shop Network. Mr. Kirton is a highly-regarded technology executive who has extensive professional experience managing the financial, commercial and operational sides of a global technology business including finance, strategy, business planning, programme management, business growth and risk governance. During a career spanning more than 25 years, Mr. Kirton spent more than 18 years across key executive positions at Telstra Corporation where he was pivotal in helping develop and execute strategy for growing and improving overall business financial performance across key enterprise and business divisions. Mr. Kirton serves as a Director of Telstra Europe Limited. He served as Director of Keycorp Pty Ltd. since August 7, 2010. He holds a Bachelor Degree in Commerce from University of Wollongong.

CEO Compensation
  • David's compensation has increased whilst company is loss making.
  • David's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Firstwave Cloud Technology management team in years:

1.6
Average Tenure
  • The average tenure for the Firstwave Cloud Technology management team is less than 2 years, this suggests a new team.
Management Team

David Kirton

TITLE
Chief Executive Officer
COMPENSATION
A$324K
TENURE
1.6 yrs

Neil Pollock

TITLE
COO & Head of International
COMPENSATION
A$332K
AGE
52
TENURE
1.4 yrs

Simon Ryan

TITLE
Chief Technology Officer
COMPENSATION
A$313K
TENURE
12.3 yrs

Jason Singh

TITLE
Chief Financial Officer
TENURE
0.1 yrs

Andrew Chamberlain

TITLE
Chief Revenue Officer & Sales Director
TENURE
3.2 yrs

Roger Carvosso

TITLE
Marketing Director

Scott McNeilage

TITLE
Chief Engineer

Gai Stephens

TITLE
Company Secretary
TENURE
1.5 yrs

Greg Maren

TITLE
Global Alliances Director

Murray Scott

TITLE
Consultant and Advisor to the Board
COMPENSATION
A$180K
TENURE
2 yrs
Board of Directors Tenure

Average tenure of the Firstwave Cloud Technology board of directors in years:

6.7
Average Tenure
  • The tenure for the Firstwave Cloud Technology board of directors is about average.
Board of Directors

Sam Saba

TITLE
Non-Executive Chairman
COMPENSATION
A$34K
TENURE
0.6 yrs

Paul MacRae

TITLE
Non-Executive Director
COMPENSATION
A$48K
TENURE
11.2 yrs

Simon Moore

TITLE
Non-Executive Director
COMPENSATION
A$75K
AGE
51
TENURE
2.2 yrs

Scott Lidgett

TITLE
Non-Executive Director
COMPENSATION
A$53K
TENURE
11.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
20. Feb 19 Buy Alium Capital Management Pty Ltd Company 18. Oct 18 18. Feb 19 3,490,442 A$0.16 A$563,364
07. Jan 19 Buy Paul MacRae Individual 04. Jan 19 04. Jan 19 357,143 A$0.14 A$50,000
07. Jan 19 Buy Scott Lidgett Individual 04. Jan 19 04. Jan 19 357,143 A$0.14 A$50,000
22. Nov 18 Buy Simon Moore Individual 21. Nov 18 21. Nov 18 1,086,957 A$0.23 A$250,000
X
Management checks
We assess Firstwave Cloud Technology's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Firstwave Cloud Technology has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Introducing Firstwave Cloud Technology, The Stock That Dropped 14% In The Last Year

It is doubtless a positive to see that the Firstwave Cloud Technology Limited (ASX:FCT) share price has gained some 82% in the last three months. … Firstwave Cloud Technology isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … Firstwave Cloud Technology grew its revenue by 21% over the last year.

Simply Wall St -

Could Firstwave Cloud Technology Limited's (ASX:FCT) Investor Composition Influence The Stock Price?

A look at the shareholders of Firstwave Cloud Technology Limited (ASX:FCT) can tell us which group is most powerful. … Firstwave Cloud Technology is a smaller company with a market capitalization of AU$47m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Firstwave Cloud Technology

Simply Wall St -

Is Firstwave Cloud Technology Limited's (ASX:FCT) Balance Sheet Strong Enough To Weather A Storm?

Investors are always looking for growth in small-cap stocks like Firstwave Cloud Technology Limited (ASX:FCT), with a market cap of AU$61.80m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

What Investors Should Know About Firstwave Cloud Technology Limited's (ASX:FCT) Financial Strength

Furthermore, failure to service debt can hurt its reputation, making funding expensive in the future. … FCT’s recent operating cash flow was -8.04 times its debt within the past year. … In times of adverse events, FCT may need to liquidate its short-term assets to pay these immediate obligations.

Simply Wall St -

Company Info

Description

Firstwave Cloud Technology Limited engages in the development and sale of Internet security software to businesses, enterprises, and government organizations in Australia and internationally. It offers FirstWave cloud content security gateway, cloud email security, cloud Web security, cloud next generation firewall, and cloud integration services. The company was founded in 2001 and is headquartered in North Sydney, Australia.

Details
Name: Firstwave Cloud Technology Limited
FCT
Exchange: ASX
Founded: 2001
A$78,625,597
280,805,705
Website: http://www.firstwavecloud.com
Address: Firstwave Cloud Technology Limited
132 Arthur Street,
Level 10,
North Sydney,
New South Wales, 2060,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX FCT New Ordinary Shares Australian Securities Exchange AU AUD 20. May 2016
DB 1TL New Ordinary Shares Deutsche Boerse AG DE EUR 20. May 2016
CHIA FCT New Ordinary Shares Chi-X Australia AU AUD 20. May 2016
Number of employees
Current staff
Staff numbers
0
Firstwave Cloud Technology employees.
Industry
Internet Services and Infrastructure
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 10:38
End of day share price update: 2019/05/22 00:00
Last estimates confirmation: 2019/05/02
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.