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.
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
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
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
is considered below, and whether this is a fair price.
Price based on past earnings
Firstwave Cloud Technology's earnings available for a low price, and how does
this compare to other companies in the same industry?
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.
Firstwave Cloud Technology's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
A company's financial position is much like your own financial position,
it includes everything you own
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.
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.
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
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.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
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.
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:
The average tenure for the Firstwave Cloud Technology management team is less than 2 years, this suggests a new team.
Chief Executive Officer
COO & Head of International
Chief Technology Officer
Chief Financial Officer
Chief Revenue Officer & Sales Director
Global Alliances Director
Consultant and Advisor to the Board
Board of Directors Tenure
Average tenure of the
Firstwave Cloud Technology
board of directors in years:
The tenure for the Firstwave Cloud Technology board of directors is about average.
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.
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
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?
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.
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.
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