Executive Summary
LiveHire Limited provides online talent acquisition software solutions to small and large enterprises in Australia.
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has LiveHire's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LVH has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
6.4%
LVH
-9.7%
AU Software
0.7%
AU Market
1 Year Return
-53.7%
LVH
25.6%
AU Software
15.5%
AU Market
Return vs Industry: LVH underperformed the Australian Software industry which returned 25.6% over the past year.
Return vs Market: LVH underperformed the Australian Market which returned 15.5% over the past year.
Shareholder returns
| LVH | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.4% | -9.7% | 0.7% |
| 30 Day | 11.1% | -3.4% | 0.8% |
| 90 Day | -7.4% | -2.3% | 6.1% |
| 1 Year | -53.7%-53.7% | 26.7%25.6% | 20.6%15.5% |
| 3 Year | -49.0%-49.0% | 144.6%133.6% | 38.1%19.7% |
| 5 Year | n/a | 149.9%132.3% | 51.8%17.9% |
Price Volatility Vs. Market
How volatile is LiveHire's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
We're Not Very Worried About LiveHire's (ASX:LVH) Cash Burn Rate2 months ago | Simply Wall St
Do Insiders Own Shares In LiveHire Limited (ASX:LVH)?3 months ago | Simply Wall St
Did You Manage To Avoid LiveHire's (ASX:LVH) 41% Share Price Drop?Valuation
Is LiveHire undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LVH (A$0.25) is trading below our estimate of fair value (A$1.33)
Significantly Below Fair Value: LVH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LVH is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: LVH 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 LVH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LVH is good value based on its PB Ratio (2.1x) compared to the AU Software industry average (4.4x).
Next Steps
Future Growth
How is LiveHire forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
56.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LVH is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: LVH is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: LVH is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: LVH's revenue (47.2% per year) is forecast to grow faster than the Australian market (4.1% per year).
High Growth Revenue: LVH's revenue (47.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LVH is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has LiveHire performed over the past 5 years?
-40.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LVH is currently unprofitable.
Growing Profit Margin: LVH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LVH is unprofitable, and losses have increased over the past 5 years at a rate of -40.4% per year.
Accelerating Growth: Unable to compare LVH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LVH is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (23.5%).
Return on Equity
High ROE: LVH has a negative Return on Equity (-38.28%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is LiveHire's financial position?
Financial Position Analysis
Short Term Liabilities: LVH's short term assets (A$35.1M) exceed its short term liabilities (A$3.1M).
Long Term Liabilities: LVH's short term assets (A$35.1M) exceed its long term liabilities (A$158.7K).
Debt to Equity History and Analysis
Debt Level: LVH is debt free.
Reducing Debt: LVH has not had any debt for past 5 years.
Balance Sheet
Inventory Level: LVH has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if LVH's debt is 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.
Stable Cash Runway: LVH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LVH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is LiveHire's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LVH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LVH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LVH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LVH'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 LVH'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?
2.5yrs
Average management tenure
CEO
Christy Forest 0
1.7yrs
Tenure
AU$1,217,765
Compensation
Ms. Christy Forest is Chief Executive Officer and Executive Director of Livehire Ltd since June 12, 2018. She served as Managing Director of Asia Pacific at CEB. Ms. Forest has valuable and timely experien ...
CEO Compensation Analysis
Compensation vs Market: Christy's total compensation ($USD805.24K) is above average for companies of similar size in the Australian market ($USD253.04K).
Compensation vs Earnings: Christy's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 0.5yrs | AU$60.00k | 1.53% A$1.2m | |
| CEO & Executive Director | 1.7yrs | AU$1.22m | 1.07% A$810.7k | |
| Co-Founder | 1.7yrs | AU$224.79k | 9.52% A$7.2m | |
| Chief Financial Officer | 3yrs | AU$458.34k | 0.15% A$113.9k | |
| General Counsel & Data Privacy Officer | 1.5yrs | no data | no data | |
| Sales Director | 2.5yrs | no data | no data | |
| Director of Marketing | 1.6yrs | no data | no data | |
| Head of Partnerships & Alliances | 3.6yrs | no data | no data | |
| Head of Strategic Alliances & Regional Sales Leader | 2.5yrs | no data | no data | |
| Head of Integrations | 1.8yrs | no data | no data |
2.5yrs
Average Tenure
Experienced Management: LVH's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 0.5yrs | AU$60.00k | 1.53% A$1.2m | |
| CEO & Executive Director | 1.7yrs | AU$1.22m | 1.07% A$810.7k | |
| Co-Founder | 1.7yrs | AU$224.79k | 9.52% A$7.2m | |
| Independent Non-Executive Director | 7.8yrs | AU$85.70k | 1.35% A$1.0m | |
| Independent Non-Executive Director | 0.3yrs | no data | no data |
1.7yrs
Average Tenure
Experienced Board: LVH's board of directors are not considered experienced ( 1.7 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: 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 been diluted in the past year, with total shares outstanding growing by 10.2%.
Top Shareholders
Company Information
LiveHire Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: LiveHire Limited
- Ticker: LVH
- Exchange: ASX
- Founded: 2011
- Industry: Application Software
- Sector: Software
- Market Cap: AU$75.518m
- Shares outstanding: 302.07m
- Website: https://www.livehire.com
Location
- LiveHire Limited
- 461 Bourke Street
- Level 10
- Melbourne
- Victoria
- 3000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LVH | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jun 2016 |
| LVH | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jun 2016 |
| 24X | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 2016 |
Biography
LiveHire Limited provides online talent acquisition software solutions to small and large enterprises in Australia. The company operates LiveHire, a cloud-based human resources productivity tool for sourcing and recruitment, as well as delivers internal mobility and sourcing solutions. Its platform enables customers to leverage their brand, employee networks, and digital assets to invite and curate talent from online and offline into a private talent community. The company was founded in 2011 and is based in Melbourne, Australia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/21 10:46 |
| End of Day Share Price | 2020/02/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.