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Updater

ASX:UPD
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
UPD
ASX
A$543M
Market Cap
  1. Home
  2. AU
  3. Software
Company description

Updater, Inc. develops and markets tools for consumers to complete their moving-related tasks in the United States. The last earnings update was 137 days ago. More info.


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UPD Share Price and Events
7 Day Returns
0%
ASX:UPD
-1%
AU Software
-0.7%
AU Market
1 Year Returns
-27.1%
ASX:UPD
1.3%
AU Software
-9%
AU Market
UPD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Updater (UPD) 0% 0% -4.3% -27.1% 298% -
AU Software -1% -4.7% -14.4% 1.3% 21.8% 38.5%
AU Market -0.7% -0.7% -10.3% -9% 15.2% -2%
1 Year Return vs Industry and Market
  • UPD underperformed the Software industry which returned 1.3% over the past year.
  • UPD underperformed the Market in Australia which returned -9% over the past year.
Price Volatility
UPD
Industry
5yr Volatility vs Market
Related Companies

UPD Value

 Is Updater 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 Updater. This is due to cash flow or dividend data being unavailable. The share price is A$0.995.
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 Updater's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Updater's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:UPD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $-0.04
ASX:UPD Share Price ** ASX (2018-10-08) in AUD A$1
ASX:UPD Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.71 $0.71
Australia Software Industry PE Ratio Median Figure of 23 Publicly-Listed Software Companies 31.66x
Australia Market PE Ratio Median Figure of 558 Publicly-Listed Companies 14.28x

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

** Primary Listing of Updater.

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

= ASX:UPD Share Price ÷ EPS (both in USD)

= 0.71 ÷ -0.04

-16.91x

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

  • Updater is loss making, we can't compare its value to the AU Software industry average.
  • Updater is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Updater's expected growth come at a high price?
Raw Data
ASX:UPD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -16.91x
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 15 Publicly-Listed Software Companies 2.25x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.32x

*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 Updater, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Updater's assets?
Raw Data
ASX:UPD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $0.11
ASX:UPD Share Price * ASX (2018-10-08) in AUD A$1
ASX:UPD Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.71 $0.71
Australia Software Industry PB Ratio Median Figure of 96 Publicly-Listed Software Companies 3.89x
Australia Market PB Ratio Median Figure of 1,661 Publicly-Listed Companies 1.6x
ASX:UPD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:UPD Share Price ÷ Book Value per Share (both in USD)

= 0.71 ÷ 0.11

6.61x

* Primary Listing of Updater.

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

  • Updater is overvalued based on assets compared to the AU Software industry average.
X
Value checks
We assess Updater'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. Updater has a total score of 0/6, 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.

UPD Future Performance

 How is Updater 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 Updater 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
33.9%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Updater expected to grow at an attractive rate?
  • Unable to compare Updater's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Updater's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Updater's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:UPD Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Software Industry Earnings Growth Rate Market Cap Weighted Average 33.9%
Australia Software Industry Revenue Growth Rate Market Cap Weighted Average 17.4%
Australia Market Earnings Growth Rate Market Cap Weighted Average 5.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 2.8%

*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:UPD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:UPD Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 6 -17 -23
2018-03-31 4 -14 -18
2017-12-31 2 -12 -14
2017-09-30 2 -10 -12
2017-06-30 1 -7 -11
2017-03-31 1 -6 -10
2016-12-31 1 -5 -9
2016-09-30 0 -5 -8
2016-06-30 0 -5 -8
2016-03-31 0 -5 -7
2015-12-31 0 -4 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Updater is high growth as no earnings estimate data is available.
  • Unable to determine if Updater 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:UPD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Updater Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:UPD Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 -0.04
2018-03-31 -0.03
2017-12-31 -0.03
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.02
2016-09-30 -0.02
2016-06-30 -0.02
2016-03-31 -0.02
2015-12-31 -0.01

*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 Updater will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Updater'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. Updater'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. Updater'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 Updater'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.
Updater 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.

UPD Past Performance

  How has Updater 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 Updater'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.
  • Updater does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Updater's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Updater's 1-year growth to the AU Software industry average as it is not currently profitable.
Earnings and Revenue History
Updater'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 Updater Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:UPD Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 5.55 -22.66 23.63 6.94
2018-03-31 3.89 -18.17 19.11 5.41
2017-12-31 2.24 -13.68 14.59 3.89
2017-09-30 1.57 -12.37 12.24 3.01
2017-06-30 0.91 -11.07 9.89 2.14
2017-03-31 0.75 -9.97 8.95 1.84
2016-12-31 0.58 -8.86 8.00 1.54
2016-09-30 0.42 -8.25 6.79 1.49
2016-06-30 0.25 -7.64 5.59 1.44
2016-03-31 0.22 -6.86 4.77 1.40
2015-12-31 0.18 -6.09 3.94 1.37
2014-12-31 0.11 -3.64 2.16 1.51
2013-12-31 0.03 -2.61 2.46 0.12

*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 Updater has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Updater 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 Updater 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 Updater'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.
Updater 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.

UPD Health

 How is Updater'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 Updater's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Updater is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Updater's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Updater'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.
  • Updater 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 Updater Company Filings, last reported 6 months ago.

ASX:UPD Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 57.99 0.00 35.82
2018-03-31 57.99 0.00 35.82
2017-12-31 70.48 0.00 46.91
2017-09-30 70.48 0.00 46.91
2017-06-30 28.80 0.00 27.37
2017-03-31 28.80 0.00 27.37
2016-12-31 33.42 0.00 32.25
2016-09-30 33.42 0.00 32.25
2016-06-30 14.23 0.00 13.30
2016-03-31 14.23 0.00 13.30
2015-12-31 15.69 0.00 16.61
2014-12-31 1.89 0.00 2.00
2013-12-31 0.39 0.00 0.40
  • Updater has no debt.
  • Updater 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.

  • Updater has sufficient cash runway for 2.6 years based on current free cash flow.
  • Updater has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 69.7% each year.
X
Financial health checks
We assess Updater'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. Updater has a total score of 6/6, 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.

UPD Dividends

 What is Updater'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 Updater dividends.
If you bought A$2,000 of Updater 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 Updater's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Updater'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:UPD 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 14 Stocks 1.9%
Australia Market Average Dividend Yield Market Cap Weighted Average of 422 Stocks 4.8%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.8%
Australia Bottom 25% Dividend Yield 25th Percentile 2.9%
Australia Top 25% Dividend Yield 75th Percentile 6.3%

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 Updater has not reported any payouts.
  • Unable to verify if Updater's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Updater's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Updater 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 Updater's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.8%) - 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 Updater afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Updater 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.

UPD Management

 What is the CEO of Updater'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 Greenberg
CEO Bio

Mr. David M. Greenberg is the Founder of Updater, Inc. and serves as its Executive Chairman and Chief Executive Officer He is Responsible for driving the vision and execution of the Company’s business plan. He Built and launched Updater based on his own frustrations with moving, recognising that there had to be a better way to organise and complete all moving-related tasks. Prior to launching Updater, practiced corporate law at Cravath, Swaine & Moore LLP. Holds a Juris Doctor from Cornell Law School, where he was Editor of the Law Review, and a Bachelor of Arts from the University of Pennsylvania. He serves as a Director of Updater, Inc in May 2010.

CEO Compensation
  • Insufficient data for David to compare compensation growth.
  • Insufficient data for David to establish whether their remuneration is reasonable compared to companies of similar size in Australia.
Management Team

David Greenberg

TITLE
Founder

Ryan Hubbard

TITLE
CTO, COO & Executive Director

Simon Hinsley

TITLE
Head of Investor Relations

Lindsey Dole

TITLE
Vice President of People Operations
TENURE
2.2 yrs

Raj Doshi

TITLE
Senior Vice President of Strategy

Chris Burke

TITLE
Executive Vice President of Insurance
TENURE
1.4 yrs

Zach Shalvarjian

TITLE
Vice President of Data

Chad Horenfeldt

TITLE
Vice President of Client Success
Board of Directors Tenure

Average tenure of the Updater board of directors in years:

4
Average Tenure
  • The tenure for the Updater board of directors is about average.
Board of Directors

David Greenberg

TITLE
Founder

Ryan Hubbard

TITLE
CTO, COO & Executive Director
TENURE
5 yrs

Grant Schaffer

TITLE
Non-Executive Director
TENURE
7.9 yrs

Antony Catalano

TITLE
Independent Non-Executive Director
TENURE
3.1 yrs

Jessica Nagle

TITLE
Independent Non-Executive Director
TENURE
0.8 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$) Value (A$)
17. Sep 18 Buy Penpol Pty Limited Company 31. Aug 18 17. Sep 18 26,389,661 A$1.19 A$29,939,573
X
Management checks
We assess Updater'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. Updater 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.

UPD News

External News
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Simply Wall St News

Who Are Updater Inc's (ASX:UPD) Major Shareholders?

In this analysis, my focus will be on developing a perspective on Updater Inc’s (ASX:UPD) latest ownership structure, a less discussed, but important factor. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … ASX:UPD Ownership Summary August 17th 18

Simply Wall St -

Is It Too Late To Buy Updater Inc (ASX:UPD)?

Less-covered, small caps sees more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing? … So, could the stock still be trading at a low price relative to its actual value. … Let’s take a look at Updater’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

Market Sentiment Around Loss-Making Updater Inc (ASX:UPD)

As path to profitability is the topic on UPD’s investors mind, I’ve decided to gauge market sentiment. … In this article, I will touch on the expectations for UPD’s growth and when analysts expect the company to become profitable … UPD is bordering on breakeven, according to Internet analysts.

Simply Wall St -

Financially Strong And High Growth Stocks

Profit growth, coupled with top-line expansion, is a positive indication. … Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. … Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable.

Simply Wall St -

Is It Too Late To Buy Updater Inc (ASX:UPD)?

Updater Inc (ASX:UPD), a internet company based in United States, saw a decent share price growth in the teens level on the ASX over the last few months. … UPD’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. … Will you have enough confidence to invest in the company should the price drop below its fair value?

Simply Wall St -

Updater Inc (ASX:UPD) Is Expected To Breakeven

Using a line of best fit, I calculated an average annual growth rate of 89.57%, which is extremely buoyant. … ASX:UPD Past Future Earnings Apr 3rd 18 I’m not going to go through company-specific developments for UPD given that this is a high-level summary, though, bear in mind that generally a high forecast growth rate is not unusual for a company that is currently undergoing an investment period. … One thing I’d like to point out is that UPD has no debt on its balance sheet, which is rare for a loss-making loss-making, growth company, which typically has high debt relative to its equity.

Simply Wall St -

Best-In-Class Growth Stocks

Why invest in a stock whose growth outlook that lags behind the market? … Extreme optimism for UPD, as market analysts projected an outstanding earnings growth rate of 89.57% for the stock, supported by an equally strong sales. … Profit growth, coupled with top-line expansion, is a positive indication.

Simply Wall St -

Who Owns Updater Inc (ASX:UPD)?

This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … However, an ownership of this size may be relatively insignificant, meaning that these shareholders may not have the potential to influence UPD's business strategy. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: UPD's considerably high level of institutional ownership calls for further analysis into its margin of safety.

Simply Wall St -

Updater Inc's (ASX:UPD) Earnings Dropped -54.36%, How Did It Fare Against The Industry?

Below, I will run you through a simple sense check to build perspective on how Updater is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its internet industry peers. … I prefer to use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Scanning growth from a sector-level, the Australian internet industry has been growing its average earnings by double-digit 15.92% over the past twelve months, and 10.14% over the previous five years.

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With -26.6% Earnings Drop Lately, Did Updater Inc (ASX:UPD) Underperform Its Industry?

When Updater Inc (ASX:UPD) released its most recent earnings update (30 June 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … To account for any quarterly or half-yearly updates, 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. … Revenue growth over past couple of years has increased by 60.29%, indicating that Updater is in a high-growth phase with expenses racing ahead elevated top-line growth rates.

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UPD Company Info

Map
Description

Updater, Inc. develops and markets tools for consumers to complete their moving-related tasks in the United States. The company offers Mover product that provides a digital platform to organize and complete moving-related tasks; real estate products that enable real estate companies to provide and configure the Mover product experience for their clients; and Business product to acquire and retain customers during the relocation event. It also provides Real Estate Integration Platform, which enables real estate companies to share mover information with updater; and Business Integration Platform that enables Businesses Partners to register various products and/or services for relocating consumers. Updater Inc. was founded in 2010 and is based in New York, New York.

Details
Name: Updater, Inc.
UPD
Exchange: ASX
Founded: 2010
A$542,945,729
545,674,100
Website: http://www.updater.com
Address: Updater, Inc.
19 Union Square West,
12th Floor,
New York,
New York, 10003,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX UPD CHESS DEPSITRY Australian Securities Exchange AU AUD 07. Dec 2015
OTCPK UDTR.L CHESS DEPSITRY Pink Sheets LLC US USD 07. Dec 2015
Number of employees
Current staff
Staff numbers
156
Updater employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/05 10:36
End of day share price update: 2018/10/08 00:00
Last earnings filing: 2018/08/21
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


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.