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REFFIND

ASX:RFN
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RFN
ASX
A$3M
Market Cap
  1. Home
  2. AU
  3. Software
Company description

REFFIND Ltd develops cloud based software as a service solutions that enable companies to communicate with their employees in Australia and internationally. The last earnings update was 49 days ago. More info.


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RFN Share Price and Events
7 Day Returns
0%
ASX:RFN
0.3%
AU Software
0.3%
AU Market
1 Year Returns
-68.4%
ASX:RFN
35.3%
AU Software
5.2%
AU Market
RFN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
REFFIND (RFN) 0% 20% -14.3% -68.4% -97.7% -
AU Software 0.3% 0.4% 17.8% 35.3% 84.5% 107.1%
AU Market 0.3% 1% 7.2% 5.2% 19.2% 4.9%
1 Year Return vs Industry and Market
  • RFN underperformed the Software industry which returned 35.3% over the past year.
  • RFN underperformed the Market in Australia which returned 5.2% over the past year.
Price Volatility
RFN
Industry
5yr Volatility vs Market

RFN Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for REFFIND. This is due to cash flow or dividend data being unavailable. The share price is A$0.006.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for REFFIND's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are REFFIND's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:RFN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:RFN Share Price ** ASX (2019-04-18) in AUD A$0.01
Australia Software Industry PE Ratio Median Figure of 19 Publicly-Listed Software Companies 36.09x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.05x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of REFFIND.

ASX:RFN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:RFN Share Price ÷ EPS (both in AUD)

= 0.01 ÷ 0.00

-2.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • REFFIND is loss making, we can't compare its value to the AU Software industry average.
  • REFFIND is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does REFFIND's expected growth come at a high price?
Raw Data
ASX:RFN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Software Industry PEG Ratio Median Figure of 13 Publicly-Listed Software Companies 2.79x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for REFFIND, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on REFFIND's assets?
Raw Data
ASX:RFN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:RFN Share Price * ASX (2019-04-18) in AUD A$0.01
Australia Software Industry PB Ratio Median Figure of 100 Publicly-Listed Software Companies 3.63x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.69x
ASX:RFN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:RFN Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.01

0.8x

* Primary Listing of REFFIND.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • REFFIND is good value based on assets compared to the AU Software industry average.
X
Value checks
We assess REFFIND's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. REFFIND has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RFN Future Performance

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

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 REFFIND 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.4%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is REFFIND expected to grow at an attractive rate?
  • Unable to compare REFFIND's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare REFFIND's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare REFFIND's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:RFN Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Software Industry Earnings Growth Rate Market Cap Weighted Average 33.4%
Australia Software Industry Revenue Growth Rate Market Cap Weighted Average 18%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:RFN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:RFN Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -1
2018-09-30 0 -1 -1
2018-06-30 0 -2 -1
2018-03-31 0 -2 -1
2017-12-31 0 -2 -1
2017-09-30 0 -3 -2
2017-06-30 1 -3 -3
2017-03-31 1 -3 -6
2016-12-31 1 -3 -9
2016-09-30 1 -4 -9
2016-06-30 1 -4 -9
2016-03-31 0 -3 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if REFFIND is high growth as no earnings estimate data is available.
  • Unable to determine if REFFIND is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:RFN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from REFFIND Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:RFN Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 -0.01
2017-06-30 -0.02
2017-03-31 -0.05
2016-12-31 -0.09
2016-09-30 -0.09
2016-06-30 -0.09
2016-03-31 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if REFFIND will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine REFFIND'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.
  2. REFFIND's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. REFFIND's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess REFFIND's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
REFFIND has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RFN Past Performance

  How has REFFIND performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare REFFIND's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • REFFIND does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare REFFIND's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare REFFIND's 1-year growth to the AU Software industry average as it is not currently profitable.
Earnings and Revenue History
REFFIND's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from REFFIND Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:RFN Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.07 -1.15 1.53
2018-09-30 0.14 -1.20 1.56
2018-06-30 0.21 -1.26 1.59
2018-03-31 0.33 -1.24 1.31
2017-12-31 0.39 -1.23 1.03
2017-09-30 0.47 -1.96 1.23
2017-06-30 0.56 -2.69 1.42
2017-03-31 0.64 -5.92 2.21
2016-12-31 0.73 -9.15 2.99
2016-09-30 0.65 -9.15 2.84
2016-06-30 0.57 -9.14 2.68
2016-03-31 0.39 -5.37 1.86
2015-12-31 0.22 -1.59 1.03
2015-09-30 0.12 -0.54 0.68
2015-06-30 0.02 0.51 0.32

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if REFFIND has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if REFFIND has efficiently used its assets last year compared to the AU Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if REFFIND improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess REFFIND's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
REFFIND has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

RFN Health

 How is REFFIND's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up REFFIND's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • REFFIND is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • REFFIND has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of REFFIND's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • REFFIND has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from REFFIND Company Filings, last reported 3 months ago.

ASX:RFN Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3.88 0.00 0.68
2018-09-30 3.88 0.00 0.68
2018-06-30 4.53 0.00 1.46
2018-03-31 4.53 0.00 1.46
2017-12-31 5.06 0.00 5.01
2017-09-30 5.06 0.00 5.01
2017-06-30 2.43 0.00 2.52
2017-03-31 2.43 0.00 2.52
2016-12-31 1.28 0.00 2.20
2016-09-30 1.28 0.00 2.20
2016-06-30 3.64 0.00 4.29
2016-03-31 3.64 0.00 4.29
2015-12-31 8.45 0.00 4.51
2015-09-30 8.45 0.00 4.51
2015-06-30 1.98 0.00 0.04
  • REFFIND has no debt.
  • REFFIND has not taken on any debt in the past 5 years.
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.

  • REFFIND has less than a year of cash runway based on current free cash flow.
  • REFFIND has less than a year of cash runway if free cash flow continues to reduce at historical rates of -35.4% each year.
X
Financial health checks
We assess REFFIND's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. REFFIND has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RFN Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from REFFIND dividends.
If you bought A$2,000 of REFFIND shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate REFFIND's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate REFFIND's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:RFN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Software Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 1.2%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as REFFIND has not reported any payouts.
  • Unable to verify if REFFIND's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of REFFIND's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as REFFIND 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.
X
Income/ dividend checks
We assess REFFIND's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can REFFIND afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. REFFIND has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RFN Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Jackson
COMPENSATION A$43,000
TENURE AS CEO 0.6 years
CEO Bio

Mr. David Jackson serves as the Executive Chairman of REFFIND Ltd. He is Interim CEO at REFFIND Ltd since September 2018. He is the Founder of FundX and serves as its Chief Executive Officer. Mr. Jackson has 26 years of management experience in enterprise and mobile technology, executive search and talent management with a proven track record in development and commercialization of new technologies and revenue generation. Mr. Jackson is a principal investor in a wide range of compelling and early stage Blockchain and mobile technology businesses in Australia, Asia and the USA and has over 20 years' experience founding and mentoring successful start-ups across Australia and the United States. Mr. Jackson's passion for supporting innovation in Australia and beyond has led him to become the founder of Australia's inaugural Crypto-currency Meetup, Crypto Sydney, an active member of fintech incubator, Stone & Chalk and tech accelerator, BlueChilli. He served as Managing Director of Global Job Network Pty Limited and founding member of Parker Bridge Financial Recruitment. He serves as Director at angel group Sydney Angels Inc. and served as its Chief Executive Officer. During the 17 years, he spent building the digital and technology teams of dotcom's and corporates across Australia and Asia, Mr. Jackson discovered that many of these businesses had one common problem: a lack of access to timely and affordable funding for growth or to fill cash flow gaps. In 2015, Mr. Jackson began developing a sophisticated Blockchain technology platform that would allow Australian investors looking for new investment opportunities to connect directly to these businesses in need of funds ­ FundX. He is a mentor at Sydney University's accelerator program, incubate.org.au. Mr. Jackson is Founding Director of S2P Project Professionals IT Services. He serves as Non-Executive Director at S2M Digital. He previously served as Non-Executive Chairman of REFFIND Ltd. since November 14, 2017. He holds a Bachelor of Business from the University of Newcastle.

CEO Compensation
  • Insufficient data for David to compare compensation growth.
  • David's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the REFFIND management team in years:

0.6
Average Tenure
  • The average tenure for the REFFIND management team is less than 2 years, this suggests a new team.
Management Team

David Jackson

TITLE
Executive Chairman & Interim CEO
COMPENSATION
A$43K
TENURE
0.6 yrs

Frank Liardet

TITLE
Chief Product Manager
COMPENSATION
A$62K
TENURE
1.3 yrs

Sonu Cheema

TITLE
Company Secretary
AGE
34
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure of the REFFIND board of directors in years:

0.4
Average Tenure
  • The average tenure for the REFFIND board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Jackson

TITLE
Executive Chairman & Interim CEO
COMPENSATION
A$43K
TENURE
1.4 yrs

Eugene Loy

TITLE
Non Executive Director
TENURE
0.4 yrs

Declan Jarrett

TITLE
Non Executive Director
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
24. May 18 Sell Chapmans Limited Company 23. May 18 23. May 18 -5,000,000 A$0.03 A$-128,798
22. May 18 Sell Chapmans Limited Company 02. May 18 21. May 18 -20,000,000 A$0.02 A$-309,018
X
Management checks
We assess REFFIND's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. REFFIND has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RFN News

Simply Wall St News

Could REFFIND Ltd's (ASX:RFN) Investor Composition Influence The Stock Price?

If you want to know who really controls REFFIND Ltd (ASX:RFN), then you'll have to look at the makeup of its share registry. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … institutions are not really that prevalent on the share registry

Simply Wall St -

What You Must Know About REFFIND Ltd's (ASX:RFN) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is financial flexibility worth the lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

Simply Wall St -

Can We See Significant Insider Ownership On The REFFIND Ltd (ASX:RFN) Share Register?

If you want to know who really controls REFFIND Ltd (ASX:RFN), then you'll have to look at the makeup of its share registry. … I generally like to see some degree of insider ownership, even if only a little. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

What Investors Should Know About REFFIND Ltd's (ASX:RFN) Financial Strength

REFFIND Ltd (ASX:RFN), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is RFN right in choosing financial flexibility over lower cost of capital. … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt

Simply Wall St -

REFFIND Ltd (ASX:RFN): Time For A Financial Health Check

The direct benefit for REFFIND Ltd (ASX:RFN), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is RFN will have to adhere to stricter debt covenants and have less financial flexibility. … Is RFN growing fast enough to value financial flexibility over lower cost of capital

Simply Wall St -

How Long Will REFFIND Ltd's (ASX:RFN) Cash Last?

Cash is crucial to run a business, and if a company burns through its reserves fast, it will need to come back to market for additional capital raising. … View our latest analysis for REFFIND What is cash burn? … ASX:RFN Income Statement Jun 5th 18 When will REFFIND need to raise more cash?

Simply Wall St -

Should You Be Concerned About REFFIND Ltd's (ASX:RFN) Shareholders?

While these are more of a long-term investor’s concern, short-term investors may find the impact of institutional trading overwhelming enough to lose out on what could be a potential opportunity. … Private Company Ownership Potential investors in RFN should also look at another important group of investors: private companies, with a stake of 10.07%, who are primarily invested because of strategic and capital gain interests. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership level and composition in RFN is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

Are Earnings Prospects Improving For Loss-Making REFFIND Ltd's (ASX:RFN)?

For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more valuable than looking at a single earnings announcement in one point in time. … Check out our latest analysis for REFFIND Did RFN's recent earnings growth beat the long-term trend and the industry? … I prefer to use the ‘latest twelve-month’ data, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data.

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When Will REFFIND Ltd (ASX:RFN) Run Out Of Cash?

Cash burn is when a loss-making company spends its equity to fund its expenses before making money from its day-to-day business. … Though, my cash burn analysis suggests that REFFIND has a cash runway of over three years, with its current level of cash holdings. … Although we haven’t accounted for all possible expenses for the company, on a high level, we believe the company doesn’t have an immediate cash problem based on this cash burn analysis.

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Where REFFIND Ltd (ASX:RFN) Stands In Terms Of Earnings Growth Against Its Industry

View our latest analysis for REFFIND How Did RFN's Recent Performance Stack Up Against Its Past? … I use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … Though REFFIND's past data is helpful, it is only one aspect of my investment thesis.

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RFN Company Info

Description

REFFIND Ltd develops cloud based software as a service solutions that enable companies to communicate with their employees in Australia and internationally. It operates in two segments, REFFIND and WooBoard. The company’s solutions include REFFIND Employ, an employee referral program; employee survey solution; and WooBoard, a peer-to-peer recognition platform. Its solutions also deliver short-form videos, such as onboarding, compliance, or product training to employees via their smartphones and mobile devices. The company was incorporated in 2014 and is based in Pyrmont, Australia.

Details
Name: REFFIND Ltd
RFN
Exchange: ASX
Founded: 2014
A$3,093,000
515,500,000
Website: http://www.reffind.com
Address: REFFIND Ltd
WeWork, 100 Harris Street,
Pyrmont,
New South Wales, 2009,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX RFN Ordinary Shares Australian Securities Exchange AU AUD 09. Jul 2015
Number of employees
Current staff
Staff numbers
0
REFFIND employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 10:35
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.