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ICE

iCetanaASX:ICE Stock Report

Market Cap

AU$14.4m

7D

0%

1Y

-37.5%

Updated

18 Oct, 2021

Data

Company Financials
ICE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ICE Overview

iCetana Limited, a software company, provides video analytics solutions in the Asia Pacific, North America, Europe, the Middle East, and Africa.

Price History & Performance

Summary of all time highs, changes and price drops for iCetana
Historical stock prices
Current Share PriceAU$0.10
52 Week HighAU$0.08
52 Week LowAU$0.18
Beta0
1 Month Change-23.08%
3 Month Change0%
1 Year Change-37.50%
3 Year Changen/a
5 Year Changen/a
Change since IPO-47.37%

Recent News & Updates

Shareholder Returns

ICEAU SoftwareAU Market
7D0%2.8%0.9%
1Y-37.5%27.7%20.2%

Return vs Industry: ICE underperformed the Australian Software industry which returned 27.7% over the past year.

Return vs Market: ICE underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is ICE's price volatile compared to industry and market?
ICE volatility
ICE Beta0
Industry Beta0.84
Market Beta1

Stable Share Price: ICE is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: ICE's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2009n/aMatt Macfarlanehttps://www.icetana.com

iCetana Limited, a software company, provides video analytics solutions in the Asia Pacific, North America, Europe, the Middle East, and Africa. The company engages in the development and commercialization of iCetana Solution, an AI-assisted video surveillance software to provide automated real-time anomalous event detection. It serves various industries, including campuses, warehouse and logistics, manufacturing, transport, hotels and casinos, health, shopping malls, financial institutions, guardian services, and prisons.

iCetana Fundamentals Summary

How do iCetana's earnings and revenue compare to its market cap?
ICE fundamental statistics
Market CapAU$14.39m
Earnings (TTM)-AU$2.25m
Revenue (TTM)AU$1.49m

9.2x

P/S Ratio

-6.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ICE income statement (TTM)
RevenueAU$1.49m
Cost of RevenueAU$3.10m
Gross Profit-AU$1.61m
ExpensesAU$631.87k
Earnings-AU$2.25m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.016
Gross Margin-108.60%
Net Profit Margin-151.11%
Debt/Equity Ratio0%

How did ICE perform over the long term?

See historical performance and comparison

Valuation

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

8.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ICE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ICE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ICE is unprofitable, so we can't compare its PE Ratio to the Australian Software industry average.

PE vs Market: ICE 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 ICE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ICE is overvalued based on its PB Ratio (8.5x) compared to the AU Software industry average (5.2x).


Future Growth

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

41.1%

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 iCetana 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.


Past Performance

How has iCetana performed over the past 5 years?

9.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ICE is currently unprofitable.

Growing Profit Margin: ICE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ICE is unprofitable, but has reduced losses over the past 5 years at a rate of 9.9% per year.

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

Earnings vs Industry: ICE is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).


Return on Equity

High ROE: ICE has a negative Return on Equity (-162.25%), as it is currently unprofitable.


Financial Health

How is iCetana's financial position?


Financial Position Analysis

Short Term Liabilities: ICE's short term assets (A$2.7M) exceed its short term liabilities (A$1.2M).

Long Term Liabilities: ICE's short term assets (A$2.7M) exceed its long term liabilities (A$222.7K).


Debt to Equity History and Analysis

Debt Level: ICE is debt free.

Reducing Debt: ICE has not had any debt for past 5 years.


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: ICE has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ICE has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 22.5% each year.


Dividend

What is iCetana current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ICE'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 ICE'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?

1.3yrs

Average management tenure


CEO

Matt Macfarlane

3.08yrs

Tenure

AU$289,617

Compensation

Mr. Matthew MaCFArlane, also known as Matt, serves as Regional Lead of APAC at iCetana Limited since August 2021. He is Managing Director and Chief Executive Officer of iCetana Limited since September 2018...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD214.96K) is about average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ICE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: ICE's board of directors are considered experienced (4.5 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

iCetana Limited's employee growth, exchange listings and data sources


Key Information

  • Name: iCetana Limited
  • Ticker: ICE
  • Exchange: ASX
  • Founded: 2009
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$14.389m
  • Shares outstanding: 137.04m
  • Website: https://www.icetana.com

Location

  • iCetana Limited
  • 45 St Georges Terrace
  • Level 4
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.