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SIS

Simble SolutionsASX:SIS Stock Report

Market Cap

AU$8.5m

7D

8.7%

1Y

-21.9%

Updated

18 Oct, 2021

Data

Company Financials
SIS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

SIS Overview

Simble Solutions Limited provides and develops Software as a Service for businesses and organizations in Australia, New Zealand, and the United Kingdom.

Simble Solutions Competitors

Technology One

ASX:TNE

AU$4.0b

Apple

NasdaqGS:AAPL

US$2.4t

Samsung Electronics

KOSE:A005930

₩471.8t

Oracle

NYSE:ORCL

US$260.6b

Price History & Performance

Summary of all time highs, changes and price drops for Simble Solutions
Historical stock prices
Current Share PriceAU$0.025
52 Week HighAU$0.022
52 Week LowAU$0.053
Beta0.65
1 Month Change-3.85%
3 Month Change-13.79%
1 Year Change-21.88%
3 Year Change-77.27%
5 Year Changen/a
Change since IPO-90.00%

Recent News & Updates

Shareholder Returns

SISAU SoftwareAU Market
7D8.7%2.8%0.9%
1Y-21.9%27.7%20.2%

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

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

Price Volatility

Is SIS's price volatile compared to industry and market?
SIS volatility
SIS Beta0.65
Industry Beta0.84
Market Beta1

Stable Share Price: SIS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: SIS's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009n/aRonen Ghoshhttps://www.simblegroup.com

Simble Solutions Limited provides and develops Software as a Service for businesses and organizations in Australia, New Zealand, and the United Kingdom. The company offers mobility and energy management solutions. It provides SimbleSense, an integrated hardware and real-time software solution, help businesses to automate, mobilize, monetize, control, and visualize operations.

Simble Solutions Fundamentals Summary

How do Simble Solutions's earnings and revenue compare to its market cap?
SIS fundamental statistics
Market CapAU$8.50m
Earnings (TTM)-AU$1.31m
Revenue (TTM)AU$1.27m

6.7x

P/S Ratio

-6.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SIS income statement (TTM)
RevenueAU$1.27m
Cost of RevenueAU$531.80k
Gross ProfitAU$737.56k
ExpensesAU$2.05m
Earnings-AU$1.31m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0039
Gross Margin58.10%
Net Profit Margin-103.55%
Debt/Equity Ratio-17.4%

How did SIS perform over the long term?

See historical performance and comparison

Valuation

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


In this section, we usually try to help investors determine whether Simble Solutions is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Simble Solutions has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Simble Solutions 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 Simble Solutions 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 Simble Solutions performed over the past 5 years?

2.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIS is currently unprofitable.

Growing Profit Margin: SIS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SIS is unprofitable, but has reduced losses over the past 5 years at a rate of 2.4% per year.

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

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


Return on Equity

High ROE: SIS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Simble Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: SIS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SIS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SIS has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SIS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: SIS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SIS has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.4% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

0.9yrs

Average management tenure


CEO

Ronen Ghosh

1.92yrs

Tenure

AU$277,417

Compensation

Mr. Ronen Ghosh is Chief Executive Officer at Simble Solutions Limited since November 5, 2019 and serves as its Chief Financial Officer since August 15, 2019. He is a finance executive with experience in...


CEO Compensation Analysis

Compensation vs Market: Ronen's total compensation ($USD205.91K) is below average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Ronen's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: SIS's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: SIS's board of directors are not considered experienced ( 1.4 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: SIS 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 42.7%.


Top Shareholders

Company Information

Simble Solutions Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Simble Solutions Limited
  • Ticker: SIS
  • Exchange: ASX
  • Founded: 2009
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$8.499m
  • Shares outstanding: 339.97m
  • Website: https://www.simblegroup.com

Location

  • Simble Solutions Limited
  • 383 George Street
  • Level 2
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:38
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.