ASX:IAM

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Intiger Group Limited provides digital and offshore processing solutions for the financial planning sector in Australia.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Intiger Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IAM has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

IAM

2.2%

AU Software

-1.0%

AU Market


1 Year Return

0%

IAM

-1.6%

AU Software

-11.8%

AU Market

Return vs Industry: IAM exceeded the Australian Software industry which returned -1.6% over the past year.

Return vs Market: IAM exceeded the Australian Market which returned -11.8% over the past year.


Shareholder returns

IAMIndustryMarket
7 Day0%2.2%-1.0%
30 Day0%3.8%-2.9%
90 Day0%21.0%12.5%
1 Year0%0%-0.8%-1.6%-8.2%-11.8%
3 Year-97.4%-97.4%115.7%106.7%16.5%1.1%
5 Year-88.9%-88.9%150.9%131.5%29.7%1.7%

Price Volatility Vs. Market

How volatile is Intiger Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Intiger Group undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Intiger Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Intiger Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of IAM’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Intiger Group regulatory filings.
  • Explore potentially undervalued companies in the Software industry.

Future Growth

How is Intiger Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

37.9%

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 Intiger Group 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.


Next Steps

Past Performance

How has Intiger Group performed over the past 5 years?

-28.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IAM is currently unprofitable.

Growing Profit Margin: IAM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IAM is unprofitable, and losses have increased over the past 5 years at a rate of -28% per year.

Accelerating Growth: Unable to compare IAM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IAM is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.6%).


Return on Equity

High ROE: IAM's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Intiger Group's financial position?


Financial Position Analysis

Short Term Liabilities: IAM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: IAM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: IAM has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: IAM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: IAM has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: IAM is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Intiger Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IAM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IAM'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 IAM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IAM'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 IAM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average management tenure


CEO

Tim Thornton

0.67

Tenure

Mr. Tim Thornton, BCM, has been the Chief Technology Officer of Intiger Group Limited since December 2016 and serves as its Interim Chief Executive Officer since November 1, 2019. As the Program Developmen ...


Leadership Team

NamePositionTenureCompensationOwnership
Mark Fisher
Founder & Non-Executive Director4.08yrsAU$5.00kno data
Tim Thornton
CTO & Interim CEO0.67yrno datano data
Sharon Wright
Chief Operating Officerno datano datano data
Charles Blake
General Manager of Sales & Marketing1.67yrsno datano data
Stephen Buckley
Company Secretary2.25yrsno datano data

1.7yrs

Average Tenure

Experienced Management: IAM's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mark Fisher
Founder & Non-Executive Director4.08yrsAU$5.00kno data
Patrick Canion
Independent Non-Executive Chairman3.25yrsAU$87.37k0.075% A$1.5k
Greg Gaunt
Non-Executive Director1.33yrsAU$10.00kno data

3.3yrs

Average Tenure

Experienced Board: IAM's board of directors are considered experienced (3.3 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.4%.


Top Shareholders

Company Information

Intiger Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Intiger Group Limited
  • Ticker: IAM
  • Exchange: ASX
  • Founded: 2001
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$1.936m
  • Shares outstanding: 1.94b
  • Website: https://www.intigergrouplimited.com.au

Location

  • Intiger Group Limited
  • Barringtons House
  • 283 Rokeby Road
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IAMASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2001
IAMCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2001

Biography

Intiger Group Limited provides digital and offshore processing solutions for the financial planning sector in Australia. It develops and operates LiLLY, which digitizes and automates components of the financial planning process, including the production of automated statements of advice; and KLIP, an online practice management system that tracks key performance indicators of a financial planning practice and delivers oversight and control to licensors and financial planning practices. The company was formerly known as Star Striker Limited and changed its name to Intiger Group Limited in August 2016. Intiger Group Limited was incorporated in 2001 and is based in Subiaco, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/10 10:36
End of Day Share Price2020/07/10 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.