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Sovereign Cloud Holdings ASX:SOV Stock Report

Last Price

AU$0.28

Market Cap

AU$45.8m

7D

0%

1Y

-42.9%

Updated

12 Jun, 2024

Data

Company Financials

Sovereign Cloud Holdings Limited

ASX:SOV Stock Report

Market Cap: AU$45.8m

SOV Stock Overview

Provides cloud services to Australian Governments and Critical National industries.

SOV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Sovereign Cloud Holdings Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sovereign Cloud Holdings
Historical stock prices
Current Share PriceAU$0.28
52 Week HighAU$1.65
52 Week LowAU$0.24
Beta0.78
1 Month Change3.70%
3 Month Change-31.71%
1 Year Change-42.86%
3 Year Change-96.14%
5 Year Changen/a
Change since IPO-97.45%

Recent News & Updates

Recent updates

We're Keeping An Eye On Sovereign Cloud Holdings' (ASX:SOV) Cash Burn Rate

Nov 17
We're Keeping An Eye On Sovereign Cloud Holdings' (ASX:SOV) Cash Burn Rate

Companies Like Sovereign Cloud Holdings (ASX:SOV) Are In A Position To Invest In Growth

Jul 28
Companies Like Sovereign Cloud Holdings (ASX:SOV) Are In A Position To Invest In Growth

Companies Like Sovereign Cloud Holdings (ASX:SOV) Are In A Position To Invest In Growth

Apr 07
Companies Like Sovereign Cloud Holdings (ASX:SOV) Are In A Position To Invest In Growth

We're Hopeful That Sovereign Cloud Holdings (ASX:SOV) Will Use Its Cash Wisely

Nov 24
We're Hopeful That Sovereign Cloud Holdings (ASX:SOV) Will Use Its Cash Wisely

We're Hopeful That Sovereign Cloud Holdings (ASX:SOV) Will Use Its Cash Wisely

Jul 22
We're Hopeful That Sovereign Cloud Holdings (ASX:SOV) Will Use Its Cash Wisely

We're Hopeful That Sovereign Cloud Holdings (ASX:SOV) Will Use Its Cash Wisely

Mar 16
We're Hopeful That Sovereign Cloud Holdings (ASX:SOV) Will Use Its Cash Wisely

Shareholder Returns

SOVAU ITAU Market
7D0%1.3%0.1%
1Y-42.9%31.1%9.0%

Return vs Industry: SOV underperformed the Australian IT industry which returned 31.1% over the past year.

Return vs Market: SOV underperformed the Australian Market which returned 9% over the past year.

Price Volatility

Is SOV's price volatile compared to industry and market?
SOV volatility
SOV Average Weekly Movement12.9%
IT Industry Average Movement9.4%
Market Average Movement8.7%
10% most volatile stocks in AU Market16.4%
10% least volatile stocks in AU Market3.2%

Stable Share Price: SOV's share price has been volatile over the past 3 months.

Volatility Over Time: SOV's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
201764Peter Maloneywww.australiacloud.com.au

Sovereign Cloud Holdings Limited provides cloud services to Australian Governments and Critical National industries. The company offers sovereign cloud Infrastructure as a Service solution. In addition, it offers a cloud operating environment, which comprises compute, storage, backup, disaster recovery, SOC, and M365 Backup as a Service product, as well as workspace One that provides and endpoint management solution.

Sovereign Cloud Holdings Limited Fundamentals Summary

How do Sovereign Cloud Holdings's earnings and revenue compare to its market cap?
SOV fundamental statistics
Market capAU$45.80m
Earnings (TTM)-AU$21.02m
Revenue (TTM)AU$7.89m

5.8x

P/S Ratio

-2.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOV income statement (TTM)
RevenueAU$7.89m
Cost of RevenueAU$12.56m
Gross Profit-AU$4.67m
Other ExpensesAU$16.35m
Earnings-AU$21.02m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin-59.10%
Net Profit Margin-266.26%
Debt/Equity Ratio0%

How did SOV perform over the long term?

See historical performance and comparison
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