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K2F

K2flyASX:K2F Stock Report

Market Cap

AU$45.6m

7D

1.5%

1Y

-14.3%

Updated

17 Oct, 2021

Data

Company Financials
K2F fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

K2F Overview

K2fly Limited provides enterprise-level technical assurance and reporting solutions in the areas of environmental, social, and governance functions in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for K2fly
Historical stock prices
Current Share PriceAU$0.33
52 Week HighAU$0.22
52 Week LowAU$0.43
Beta1.13
1 Month Change29.41%
3 Month Change11.86%
1 Year Change-14.29%
3 Year Change22.22%
5 Year Changen/a
Change since IPO78.38%

Recent News & Updates

Feb 17
Have Insiders Been Selling K2fly Limited (ASX:K2F) Shares This Year?

Have Insiders Been Selling K2fly Limited (ASX:K2F) Shares This Year?

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that...

Shareholder Returns

K2FAU SoftwareAU Market
7D1.5%2.8%0.9%
1Y-14.3%27.7%20.2%

Return vs Industry: K2F underperformed the Australian Software industry which returned 27.7% over the past year.

Return vs Market: K2F underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is K2F's price volatile compared to industry and market?
K2F volatility
K2F Beta1.13
Industry Beta0.84
Market Beta1

Stable Share Price: K2F is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: K2F's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aNic Pollockhttps://k2fly.com

K2fly Limited provides enterprise-level technical assurance and reporting solutions in the areas of environmental, social, and governance functions in Australia. It sells own and third party software solutions; provides software and integration consulting services; and offers asset management consultant services in the resources sector, and asset management and asset intensive industries. The company also offers community and heritage, land access and monitoring, ground disturbance, dams and tailings, rehabilitation and closure, resources inventory and reconciliation, block model management and governance, automated ore blocking, and mine geology data management solutions.

K2fly Fundamentals Summary

How do K2fly's earnings and revenue compare to its market cap?
K2F fundamental statistics
Market CapAU$45.55m
Earnings (TTM)-AU$2.96m
Revenue (TTM)AU$6.95m

6.6x

P/S Ratio

-15.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
K2F income statement (TTM)
RevenueAU$6.95m
Cost of RevenueAU$3.27m
Gross ProfitAU$3.68m
ExpensesAU$6.65m
Earnings-AU$2.96m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.021
Gross Margin52.95%
Net Profit Margin-42.60%
Debt/Equity Ratio0%

How did K2F perform over the long term?

See historical performance and comparison

Valuation

Is K2fly undervalued compared to its fair value and its price relative to the market?

3.8x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate K2F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate K2F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: K2F is unprofitable, so we can't compare its PE Ratio to the Australian Software industry average.

PE vs Market: K2F 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 K2F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: K2F is good value based on its PB Ratio (3.8x) compared to the AU Software industry average (5.2x).


Future Growth

How is K2fly 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 K2fly 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 K2fly performed over the past 5 years?

-3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: K2F is currently unprofitable.

Growing Profit Margin: K2F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: K2F is unprofitable, and losses have increased over the past 5 years at a rate of 3% per year.

Accelerating Growth: Unable to compare K2F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: K2F is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).


Return on Equity

High ROE: K2F has a negative Return on Equity (-24.71%), as it is currently unprofitable.


Financial Health

How is K2fly's financial position?


Financial Position Analysis

Short Term Liabilities: K2F's short term assets (A$9.1M) exceed its short term liabilities (A$6.0M).

Long Term Liabilities: K2F's short term assets (A$9.1M) exceed its long term liabilities (A$4.3M).


Debt to Equity History and Analysis

Debt Level: K2F is debt free.

Reducing Debt: K2F currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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: K2F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: K2F has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 5.3% each year.


Dividend

What is K2fly current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate K2F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate K2F'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 K2F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if K2F'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 K2F'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?

0.8yrs

Average management tenure


CEO

Nic Pollock

0.083

Tenure

Mr. Nicholas Patrick Pollock, also known as Nic, serves as Chief Executive Officer at K2fly Limited since 2021 and also served as Chief commercial Officer since October 1, 2018 until 2021. He served as the...


Leadership Team

Experienced Management: K2F's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: K2F's board of directors are considered experienced (4.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: K2F 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 diluted in the past year, with total shares outstanding growing by 49.2%.


Top Shareholders

Company Information

K2fly Limited's employee growth, exchange listings and data sources


Key Information

  • Name: K2fly Limited
  • Ticker: K2F
  • Exchange: ASX
  • Founded: 2007
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: AU$45.551m
  • Shares outstanding: 138.03m
  • Website: https://k2fly.com

Number of Employees


Location

  • K2fly Limited
  • 26 Railway Road
  • Level 1
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:04
End of Day Share Price2021/10/15 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.