ASX:IOD

Stock Analysis Report

Executive Summary

IODM Limited provides cloud based software services in Australia.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • IODM has significant price volatility in the past 3 months.
  • IODM is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

15.0%

ASX:IOD

8.0%

AU Software

1.4%

AU Market


1 Year Return

392.9%

ASX:IOD

19.1%

AU Software

1.9%

AU Market

IOD outperformed the Software industry which returned 19.1% over the past year.

IOD outperformed the Market in Australia which returned 1.9% over the past year.


Share holder returns

IODIndustryMarket
7 Day15.0%8.0%1.4%
30 Day-23.3%0.3%-3.3%
90 Day72.5%11.0%0.8%
1 Year392.9%392.9%20.2%19.1%7.6%1.9%
3 Year200.0%200.0%112.5%102.7%31.7%14.6%
5 Yearn/a140.8%122.7%38.9%8.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

160.47x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for IODM to establish if it is available at moderate discount.

Unable to calculate intrinsic value for IODM to establish if it is available at substantial discount.


Price Based on Earnings

IODM is loss making, we can't compare its value to the AU Software industry average.

IODM is loss making, we can't compare the value of its earnings to the Australia market.


Price Based on Expected Growth

Unable to calculate PEG ratio for IODM, we can't assess if its growth is good value.


Price Based on Value of Assets

IODM is overvalued based on assets compared to the AU Software industry average.


Next Steps

Future Growth

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

33.1%

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 IODM 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

  • Examine IODM'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.
  • IODM competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Software industry.

Past Performance

How has IODM performed over the past 5 years?

29.4%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

IODM does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.

Unable to compare IODM's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare IODM's 1-year growth to the AU Software industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if IODM has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if IODM has efficiently used its assets last year compared to the AU Software industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if IODM improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is IODM's financial position?


Financial Position Analysis

IODM is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

IODM's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

IODM has no debt.

IODM currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Low level of unsold assets.

IODM has no debt, it does not need to be covered by short term assets.


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.

IODM has less than a year of cash runway based on current free cash flow.

IODM has less than a year of cash runway if free cash flow continues to reduce at historical rates of -20% each year.


Next Steps

Dividend

What is IODM's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate IODM's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate IODM's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as IODM has not reported any payouts.

Unable to verify if IODM's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as IODM 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.


Next Steps

Management

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

1.1yrs

Average management tenure


CEO

Mark Reilly (49yo)

1.1yrs

Tenure

0

Mr. Mark David Reilly, B.Bus., A.C.A, serves as Chief Executive Officer of IODM Pty Ltd since 2019. Mr. Reilly served as Managing Director of IODM Pty Ltd since July 12, 2018 until 2019 and served as is it ...


Management Age and Tenure

1.1yrs

Average Tenure

The average tenure for the IODM management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.4yrs

Average Tenure

The average tenure for the IODM board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellAU$154,48621 May 19
Damian Arena
EntityIndividual
Role
Senior Key Executive
Head of Business Development
Shares5,000,000
Max PriceAU$0.031
BuyAU$299,98802 May 19
Christopher Rogers
EntityIndividual
Shares17,647,058
Max PriceAU$0.017
SellAU$299,98802 May 19
Christopher Rogers
EntityIndividual
Shares17,647,058
Max PriceAU$0.017
SellAU$138,63917 Apr 19
Damian Arena
EntityIndividual
Role
Senior Key Executive
Head of Business Development
Shares4,999,993
Max PriceAU$0.028
BuyAU$20,00025 Feb 19
Mark Reilly
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares1,333,333
Max PriceAU$0.015
BuyAU$34,00025 Feb 19
Paul Kasian
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares2,266,667
Max PriceAU$0.015
BuyAU$139,98910 Oct 18
Mark Reilly
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares10,000,000
Max PriceAU$0.014

Ownership Breakdown


Management Team

  • Mark Reilly (49yo)

    Chief Executive Officer

    • Tenure: 1.1yrs
  • Damian Arena

    Head of Business Development

    • Tenure: 0.0yrs
    • Compensation: AU$211.97k
  • Petrina Halsall

    GM & Company Secretary

    • Tenure: 2.7yrs
  • Chris Ward

    Chief Technology Officer

    • Tenure: 0.6yrs

Board Members

  • David Ireland (61yo)

    Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: AU$23.00k
  • Wayne Schmidt

    Member of Advisory Board

    • Tenure: 3.0yrs
  • Paul Kasian (62yo)

    Non-Executive Chairman

    • Tenure: 0.0yrs
    • Compensation: AU$39.42k
  • Narelle Cirillo

    Member of Advisory Board

    • Tenure: 3.0yrs
  • Anthony Smith

    Non-Executive Director

    • Tenure: 0.2yrs

Company Information

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


Key Information

  • Name: IODM Limited
  • Ticker: IOD
  • Exchange: ASX
  • Founded: 2008
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$35.797m
  • Shares outstanding: 526.42m
  • Website: https://www.iodm.com.au

Number of Employees


Location

  • IODM Limited
  • 22 Albert Road
  • Level 5
  • South Melbourne
  • Victoria
  • 3205
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IODASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2016
IODCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2016

Biography

IODM Limited provides cloud based software services in Australia. The company develops an automated debtor management solution that provides accounts receivable monitoring and collection management tool th ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 10:38
End of Day Share Price2019/08/23 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.