Tesserent (CHIA:TNT) - Stock Price, News & Analysis

TNT Stock Overview

Tesserent Limited provides cyber security consulting, cloud, and managed services in Australia and internationally.

TNT fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings are forecast to grow 87.96% per year

Trading at good value compared to peers and industry

Risk Analysis

Shareholders have been diluted in the past year

Tesserent Limited Competitors

Qoria

ASX:QOR

AU$501.3m

Prophecy International Holdings

ASX:PRO

AU$58.2m

archTIS

ASX:AR9

AU$26.3m

K2fly

ASX:K2F

AU$17.6m

Price History & Performance

Summary of all time highs, changes and price drops for Tesserent
Historical stock prices
Current Share Price	AU$0.13
52 Week High	AU$0.15
52 Week Low	AU$0.041
Beta	0.97
1 Month Change	2.00%
3 Month Change	4.08%
1 Year Change	15.91%
3 Year Change	-49.50%
5 Year Change	84.78%
Change since IPO	-45.74%

Recent updates

Shareholder Returns

	TNT	AU Software	AU Market
7D	0%	-2.6%	-3.0%
1Y	15.9%	28.3%	3.9%

Return vs Industry: TNT underperformed the Australian Software industry which returned 19.7% over the past year.

Return vs Market: TNT exceeded the Australian Market which returned -0.5% over the past year.

Price Volatility

Is TNT's price volatile compared to industry and market?
TNT volatility
TNT Average Weekly Movement	6.1%
Software Industry Average Movement	8.9%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: TNT has not had significant price volatility in the past 3 months.

Volatility Over Time: TNT's weekly volatility has decreased from 23% to 6% over the past year.

About the Company

Founded	Employees	CEO	Website
2015	321	Kurt Hansen	tesserent.com

Tesserent Limited provides cyber security consulting, cloud, and managed services in Australia and internationally. The company operates through three segments: Tesserent Commercial, Tesserent Federal, and Tesserent New Zealand. Its services include cyber strategy and consulting; security advisory; technical assurance and testing; and identity and access management.

Tesserent Limited Fundamentals Summary

How do Tesserent's earnings and revenue compare to its market cap?
TNT fundamental statistics
Market cap	AU$176.04m
Earnings (TTM)	-AU$4.84m
Revenue (TTM)	AU$130.54m

1.3x

P/S Ratio

-36.4x

P/E Ratio

Is TNT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNT income statement (TTM)
Revenue	AU$130.54m
Cost of Revenue	AU$12.49m
Gross Profit	AU$118.05m
Other Expenses	AU$122.88m
Earnings	-AU$4.84m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0036
Gross Margin	90.43%
Net Profit Margin	-3.70%
Debt/Equity Ratio	40.6%

How did TNT perform over the long term?

See historical performance and comparison

TNT Stock Overview

Rewards

Risk Analysis

Tesserent Limited Competitors

ASX:QOR

AU$501.3m

ASX:PRO

AU$58.2m

ASX:AR9

AU$26.3m

ASX:K2F

AU$17.6m

Price History & Performance

Recent News & Updates

Thales Australia Holdings Pty Ltd completed the acquisition of Tesserent Limited (ASX:TNT).

Tesserent Limited (ASX:TNT) agreed to acquire Beyond Binary for AUD 7 million.

Full year 2023 earnings released: AU$0.004 loss per share (vs AU$0.007 loss in FY 2022)

New minor risk - Financial data availability

CEO & MD recently sold AU$304k worth of stock

CEO & MD recently sold AU$304k worth of stock

Recent updates

Thales Australia Holdings Pty Ltd completed the acquisition of Tesserent Limited (ASX:TNT).

Tesserent Limited (ASX:TNT) agreed to acquire Beyond Binary for AUD 7 million.

Full year 2023 earnings released: AU$0.004 loss per share (vs AU$0.007 loss in FY 2022)

New minor risk - Financial data availability

CEO & MD recently sold AU$304k worth of stock

CEO & MD recently sold AU$304k worth of stock

Thales Australia Holdings Pty Ltd entered into a binding Scheme Implementation Deed (SID) to acquire Tesserent Limited (ASX:TNT) for approximately AUD 180 million.

New major risk - Share price stability

First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in 1H 2022)

Tesserent Limited Appoints Tony Sheehan as Independent, Non-Executive Director of the Company Effective 27 January 2023

Tesserent Limited, Annual General Meeting, Nov 18, 2022

Full year 2022 earnings released: AU$0.007 loss per share (vs AU$0.005 loss in FY 2021)

Tesserent Limited Provides Financial Guidance for the Fiscal Year 2023

Tesserent Limited Appoints Paul Taylor as General Counsel and Company Secretary

CEO & Executive Director recently bought AU$55k worth of stock

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Tesserent Limited (ASX:TNT) completed the acquisition of The Pearson Corporation Pty Ltd.

Tesserent Limited (ASX:TNT) agreed to acquire Claricent Pty Ltd for AUD 4.13 million.

Tesserent Limited (ASX:TNT) signed a Share Purchase Agreements to acquire Pearson Corporation Pty Ltd for an enterprise value of AUD 28.8 million.

Full year 2021 earnings released: AU$0.005 loss per share (vs AU$0.02 loss in FY 2020)

Tesserent Limited announced that it expects to receive AUD 25 million in funding

Full year 2021 earnings released: AU$0.005 loss per share (vs AU$0.02 loss in FY 2020)

Tesserent Limited (ASX:TNT) agreed to acquire Loop Secure Pty Ltd for AUD 13.5 million.

Tesserent Limited Revises Turnover Guidance for the Year 2021

Tesserent Limited (ASX:TNT) acquired Managed Security Services business of Secure Logic Pty Ltd for AUD 22.3 million.

First half 2021 earnings released: AU$0.008 loss per share (vs AU$0.015 loss in 1H 2020)

New 90-day low: AU$0.31

Tesserent Limited Announces Executive Changes

New 90-day high: AU$0.41

Tesserent Limited (ASX:TNT) entered into an agreement to acquire Lateral Security IT Services Limited for NZD 4.4 million.

New 90-day high: AU$0.41

Co-CEO, Co-MD & Executive Director recently sold AU$607k worth of stock

Tesserent Limited (ASX:TNT) completed the acquisition of iQ3 Pty Ltd.

Full year earnings released - AU$0.02 loss per share

New 90-day high: AU$0.32

Tesserent Limited Appoints Nathan Knox as Head of Synergies

Full year earnings released - AU$0.02 loss per share

Tesserent Limited (ASX:TNT) signed a share purchase agreement to acquire iQ3 Pty Ltd for 16 million.

Tesserent Limited (ASX:TNT) completed the acquisition of Airloom Holdings Pty Ltd.

Full year earnings released - AU$0.022 loss per share

Tesserent Limited (ASX:TNT) acquired Airloom for AUD 15 million.

New 90-day high - AU$0.23

Tesserent Limited (ASX:TNT) completed the acquisition of Seer Security.

New 90-day high - AU$0.20

Tesserent Limited (ASX:TNT) entered into a binding share purchase agreement to acquire Seer Security for AUD 15 million.

Tesserent Limited announced that it expects to receive AUD 10 million in funding from Pure Asset Management Pty Ltd

Shareholder Returns

Price Volatility

About the Company

Tesserent Limited Fundamentals Summary

1.3x

-36.4x

Earnings & Revenue