ASX:WSP

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Whispir Limited develops and provides communications management systems through cloud-based platform in the Americas, Australia, New Zealand, Singapore, Switzerland, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

How has Whispir's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

5.6%

WSP

-0.6%

AU Software

0.5%

AU Market


1 Year Return

150.0%

WSP

8.3%

AU Software

-11.6%

AU Market

Return vs Industry: WSP exceeded the Australian Software industry which returned 8.3% over the past year.

Return vs Market: WSP exceeded the Australian Market which returned -11.6% over the past year.


Shareholder returns

WSPIndustryMarket
7 Day5.6%-0.6%0.5%
30 Day-16.1%-3.0%-3.1%
90 Day74.4%13.7%1.1%
1 Year150.0%150.0%9.1%8.3%-8.3%-11.6%
3 Yearn/a121.4%112.8%17.1%2.1%
5 Yearn/a159.4%139.4%44.8%14.4%

Price Volatility Vs. Market

How volatile is Whispir's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

19.71x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate WSP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate WSP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: WSP is unprofitable, so we can't compare its PE Ratio to the AU Software industry average.

PE vs Market: WSP 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 WSP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WSP is overvalued based on its PB Ratio (19.7x) compared to the AU Software industry average (5.5x).


Next Steps

Future Growth

How is Whispir forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

60.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WSP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: WSP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: WSP's is expected to become profitable in the next 3 years.

Revenue vs Market: WSP's revenue (22.5% per year) is forecast to grow faster than the Australian market (4.3% per year).

High Growth Revenue: WSP's revenue (22.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WSP's Return on Equity is forecast to be low in 3 years time (10.3%).


Next Steps

Past Performance

How has Whispir performed over the past 5 years?

-0.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WSP is currently unprofitable.

Growing Profit Margin: WSP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WSP is unprofitable, and losses have increased over the past 5 years at a rate of 0.3% per year.

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

Earnings vs Industry: WSP is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21%).


Return on Equity

High ROE: WSP has a negative Return on Equity (-49.97%), as it is currently unprofitable.


Next Steps

Financial Health

How is Whispir's financial position?


Financial Position Analysis

Short Term Liabilities: WSP's short term assets (A$25.0M) exceed its short term liabilities (A$13.3M).

Long Term Liabilities: WSP's short term assets (A$25.0M) exceed its long term liabilities (A$4.4M).


Debt to Equity History and Analysis

Debt Level: WSP is debt free.

Reducing Debt: WSP had no debt 5 years ago.


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: WSP has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: WSP has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 18.1% each year.


Next Steps

Dividend

What is Whispir current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.4yrs

Average management tenure


CEO

Jeromy Wells

no data

Tenure

AU$2,208,342

Compensation

Mr. Jeromy Wells, RAIA, B.Arch (Hons), MAICD is Co-founder and serves as Chief Executive Officer ('CEO') and Executive Director of Whispir Limited. He is a Director of Whispir Limited since July 30, 2001. ...


CEO Compensation Analysis

Compensation vs Market: Jeromy's total compensation ($USD1.62M) is above average for companies of similar size in the Australian market ($USD504.81K).

Compensation vs Earnings: Jeromy's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jeromy Wells
Co-founderno dataAU$2.21m10.37%
A$ 40.4m
Justin Owen
Chief Financial Officer0.25yrAU$298.07kno data
Tobias Brix
Chief Operating Officer2.67yrsAU$889.28k0.64%
A$ 2.5m
Matt Lambie
Chief Technology Officer0.42yrno datano data
Ben Erskine
Head of Marketing0.42yrno datano data
Dave Everett
Director of Sales & Channel Partnerships Americasno datano datano data
Brad Dunn
Chief Product Officerno datano datano data
Fiona Milne
Head of AI & Data0.25yrno datano data
Sophie Karzis
Company Secretary1.58yrsno datano data

0.4yrs

Average Tenure

Experienced Management: WSP's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jeromy Wells
Co-founderno dataAU$2.21m10.37%
A$ 40.4m
Brendan Fleiter
Independent Non-Executive Chairman1.67yrsAU$259.69k0.24%
A$ 937.5k
Sarah Morgan
Non-Executive Independent Director1.67yrsAU$137.35k0.051%
A$ 199.2k
Shane Chesson
Non-Executive Director4.33yrsAU$85.00kno data
Sara La Mela
Independent Non-executive Director1.58yrsAU$122.35k0.0090%
A$ 35.2k

1.7yrs

Average Tenure

Experienced Board: WSP'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: WSP insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Whispir Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Whispir Limited
  • Ticker: WSP
  • Exchange: ASX
  • Founded: 2001
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$389.534m
  • Shares outstanding: 103.88m
  • Website: https://www.whispir.com

Number of Employees


Location

  • Whispir Limited
  • 360 Collins Street
  • Level 15
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WSPASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJun 2019
WSPCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJun 2019
WHSP.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2019

Biography

Whispir Limited develops and provides communications management systems through cloud-based platform in the Americas, Australia, New Zealand, Singapore, Switzerland, and internationally. It enables the int ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/20 19:12
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.