Executive Summary
IXUP Limited engages in the development and commercialization of software in Australia. More Details
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has IXUP's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IXU is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: IXU's weekly volatility has decreased from 23% to 15% over the past year, but is still higher than 75% of Australian stocks.
Market Performance
7 Day Return
2.7%
IXU
2.9%
AU Software
1.2%
AU Market
1 Year Return
19.0%
IXU
25.9%
AU Software
-1.3%
AU Market
Return vs Industry: IXU underperformed the Australian Software industry which returned 25.9% over the past year.
Return vs Market: IXU exceeded the Australian Market which returned -1.3% over the past year.
Shareholder returns
| IXU | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 2.9% | 1.2% |
| 30 Day | 0% | -5.4% | 1.7% |
| 90 Day | 2.7% | 1.7% | 10.1% |
| 1 Year | 58.7%19.0% | 26.9%25.9% | 2.0%-1.3% |
| 3 Year | -72.0%-81.5% | 105.2%98.2% | 26.1%10.6% |
| 5 Year | n/a | 165.6%161.4% | 67.5%33.8% |
Long-Term Price Volatility Vs. Market
How volatile is IXUP's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Non- Executive Chairman Julian Babarczy Just Bought 59% More Shares In IXUP Limited (ASX:IXU)2 months ago | Simply Wall St
What Are The Total Returns Earned By Shareholders Of IXUP (ASX:IXU) On Their Investment?7 months ago | Simply Wall St
Investors Who Bought IXUP (ASX:IXU) Shares A Year Ago Are Now Down 70%Valuation
Is IXUP undervalued compared to its fair value and its price relative to the market?
13.95x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate IXU's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IXU's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IXU is unprofitable, so we can't compare its PE Ratio to the AU Software industry average.
PE vs Market: IXU 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 IXU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IXU is overvalued based on its PB Ratio (14x) compared to the AU Software industry average (5.4x).
Next Steps
Future Growth
How is IXUP forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
31.5%
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 IXUP 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 IXUP'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.
- IXUP 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 IXUP performed over the past 5 years?
-13.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IXU is currently unprofitable.
Growing Profit Margin: IXU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IXU is unprofitable, and losses have increased over the past 5 years at a rate of 13.2% per year.
Accelerating Growth: Unable to compare IXU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IXU is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21%).
Return on Equity
High ROE: IXU has a negative Return on Equity (-315.09%), as it is currently unprofitable.
Next Steps
Financial Health
How is IXUP's financial position?
Financial Position Analysis
Short Term Liabilities: IXU's short term assets (A$1.7M) exceed its short term liabilities (A$464.1K).
Long Term Liabilities: IXU's short term assets (A$1.7M) exceed its long term liabilities (A$52.3K).
Debt to Equity History and Analysis
Debt Level: IXU is debt free.
Reducing Debt: IXU had no debt 5 years ago.
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: IXU has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IXU is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.
Next Steps
Dividend
What is IXUP current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IXU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IXU'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 IXU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IXU'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 IXU'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?
2.0yrs
Average management tenure
CEO
Marcus Gracey
0.17
Tenure
Mr. Marcus Gracey serves as Chief Executive Officer and Managing Director at IXUP Limited since November 11, 2020. Mr. Gracey serves as Executive Director at IXUP Limited since October 22, 2020. He had bee...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 4.67yrs | AU$166.08k | 4.45% A$ 2.4m | |
| CEO, MD & Executive Director | 0.17yr | no data | 0.21% A$ 114.0k | |
| Chief Financial Officer | no data | no data | no data | |
| CTO & Head of Development | no data | no data | no data | |
| Head of Sales | 2.5yrs | no data | no data | |
| Chief Commercial Officer | 1.42yrs | no data | no data | |
| Company Secretary | 3.17yrs | no data | no data |
2.0yrs
Average Tenure
50yo
Average Age
Experienced Management: IXU's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 4.67yrs | AU$166.08k | 4.45% A$ 2.4m | |
| CEO, MD & Executive Director | 0.17yr | no data | 0.21% A$ 114.0k | |
| Member of Advisory Board | 3yrs | no data | no data | |
| Non- Executive Chairman | 0.17yr | no data | 1.76% A$ 934.6k | |
| Advisory Board Chairman | no data | no data | no data | |
| Non-Executive Director | 1.5yrs | AU$89.81k | no data | |
| Advisory Board Member | no data | no data | no data |
1.5yrs
Average Tenure
Experienced Board: IXU's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IXU insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 215.7%.
Top Shareholders
Company Information
IXUP Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: IXUP Limited
- Ticker: IXU
- Exchange: ASX
- Founded: 2011
- Industry: Application Software
- Sector: Software
- Market Cap: AU$53.217m
- Shares outstanding: 700.23m
- Website: https://www.ixup.com
Location
- IXUP Limited
- 5-7 Ross Street
- Level 3
- Parramatta
- New South Wales
- 2150
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IXU | ASX (Australian Securities Exchange) | Yes | Ordinary Share | AU | AUD | Nov 2017 |
| IXU | CHIA (Chi-X Australia) | Yes | Ordinary Share | AU | AUD | Nov 2017 |
Biography
IXUP Limited engages in the development and commercialization of software in Australia. The company provides a secure and private data analytics and collaboration platform that offers data insights, as wel...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/20 07:07 |
| End of Day Share Price | 2021/01/20 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.