New Risk • May 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$5.27m (US$3.81m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Market cap is less than US$10m (AU$5.27m market cap, or US$3.81m). Minor Risk Large one-off items impacting financial results. Announcement • Oct 10
Beam Communications Holdings Limited, Annual General Meeting, Nov 13, 2025 Beam Communications Holdings Limited, Annual General Meeting, Nov 13, 2025. Location: the companys office at unit 5, 8 anzed court, mulgrave, victoria, Australia Reported Earnings • Aug 29
Full year 2025 earnings released: AU$0.16 loss per share (vs AU$0.021 loss in FY 2024) Full year 2025 results: AU$0.16 loss per share (further deteriorated from AU$0.021 loss in FY 2024). Revenue: AU$26.5m (down 19% from FY 2024). Net loss: AU$13.5m (loss widened AU$11.8m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 25
First half 2025 earnings released: AU$0.15 loss per share (vs AU$0.003 loss in 1H 2024) First half 2025 results: AU$0.15 loss per share (further deteriorated from AU$0.003 loss in 1H 2024). Revenue: AU$13.5m (down 19% from 1H 2024). Net loss: AU$12.7m (loss widened AU$12.4m from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. New Risk • Feb 22
New major risk - Revenue and earnings growth Earnings have declined by 46% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (AU$8.47m market cap, or US$5.38m). Buy Or Sell Opportunity • Feb 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to AU$0.073. The fair value is estimated to be AU$0.092, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making. Board Change • Nov 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Peter Kopanidis was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Nov 29
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 52% to AU$0.075. The fair value is estimated to be AU$0.097, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making. Announcement • Nov 28
Beam Communications Holdings Limited Announces Board Appointments Beam Communications Holdings Limited announced that David Stewart and Carl Hung are joining the Company's Board as Non-Executive Directors effective immediately. Mr. Stewart is the larger shareholder in Beam and was on Beam's Board between 2017 and 2022. He is an experienced CEO and successful entrepreneur in the telecommunications/technology industry with more than 30 years in management and business leadership roles. Mr. Hung is the third larger shareholder in Beam and was on Beam's Board for over seven years until 2020. He is President and CEO of Season Group International Inc, a global Electronic Manufacturing
Services provider and one of Beam's key contract manufacturers. Announcement • Nov 15
Beam Communications Holdings Limited Announces Step Down of Mark Allan Chartres from the Board Beam Communications Holdings Ltd. advised that Mark Allan Chartres, one of its 4 current directors, has chosen to step down from the Beam board, with immediate effect. Although the decision to cease his directorship was his alone, Mark's departure does more appropriately align the size of the Company's board with Beam's more streamlined business focus and adjusted cost base. Date that director ceased to be director is 14 November, 2024. Buy Or Sell Opportunity • Nov 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 53% to AU$0.076. The fair value is estimated to be AU$0.097, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making. Announcement • Oct 30
Beam Communications Holdings Limited Announces Retirement of Simon Wallace as Director Beam Communications Holdings Limited announced that In the course of calendar 2025, and in any event prior to the 2025 AGM, Beam's Chair, Simon Wallace, will retire as a Director of the Company. Mr. Wallace will continue to seek re-election at the 2024 AGM and this transition timeframe will facilitate the progress of Beam's ongoing sale of its interest in ZOLEO Inc. and ensure a smooth handover of leadership. Announcement • Oct 26
Beam Communications Holdings Limited, Annual General Meeting, Nov 28, 2024 Beam Communications Holdings Limited, Annual General Meeting, Nov 28, 2024. Location: companys office, unit 5, 8 anzed court, mulgrave, victoria Australia Reported Earnings • Aug 31
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: AU$0.021 loss per share (down from AU$0.024 profit in FY 2023). Revenue: AU$33.2m (down 16% from FY 2023). Net loss: AU$1.79m (down 186% from profit in FY 2023). Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Global Communications industry. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Aug 22
Beam Communications Holdings Limited to Report Fiscal Year 2024 Results on Aug 29, 2024 Beam Communications Holdings Limited announced that they will report fiscal year 2024 results on Aug 29, 2024 New Risk • May 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (AU$10.8m market cap, or US$7.20m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Major Estimate Revision • Mar 22
Consensus EPS estimates increase from loss to AU$0.005 profit, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from AU$37.7m to AU$34.6m. EPS estimate of -AU$0.002 up from expected loss of AU$0.005 per share previously. Communications industry in Australia expected to see average net income growth of 43% next year. Consensus price target up from AU$0.42 to AU$0.47. Share price was steady at AU$0.18 over the past week. Announcement • Feb 26
Beam Communications Holdings Limited to Report First Half, 2024 Results on Feb 28, 2024 Beam Communications Holdings Limited announced that they will report first half, 2024 results on Feb 28, 2024 Announcement • Dec 13
Beam Communications Holdings Ltd Appoints Peter Kopanidis as Independent Non-Executive Director Beam Communications Holdings Ltd. announced the appointment of Mr. Peter Kopanidis as an Independent Non-Executive Director of Beam. Mr. Kopanidis joins the Board effective 15 January 2024. Kopanidis is a seasoned finance professional with over three decades of experience and has a proven track record in Corporate Treasury, Investor Relations and Corporate Finance - including M&A. With a diverse industry background encompassing roles with some of Australia's leading brands in Telecommunications, Manufacturing, Healthcare, Insurance, Financial Services, and FMCG, Mr. Kopanidis will bring a wealth of commercial and financial acumen to Beam. Peter's extensive experience positions him well to contribute strategic guidance, especially around capital allocation, and enhancing the overall functionality and output of the Board. Kopanidis is currently a Director at Petra Investor Relations & Debt Advisory, a service provider to ASX-listed companies. Previously, Mr. Kopanidis served as Senior Executive - Corporate Finance at Medibank, overseeing IR and Treasury & Investments. For Peter's three-year tenure at Telstra, he was Executive Director - Investor Relations and was Treasurer for a twelve-month period. Peter also spent three years at Treasury Wine Estates as Global Director - Corporate Finance and held a four-year position as Group Treasurer at Foster's Group. Reported Earnings • Sep 01
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: AU$0.024 (up from AU$0.002 loss in FY 2022). Revenue: AU$40.1m (up 69% from FY 2022). Net income: AU$2.08m (up AU$2.25m from FY 2022). Profit margin: 5.2% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 4.0%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Global Communications industry. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Aug 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (AU$16.4m market cap, or US$10.6m). Reported Earnings • Mar 03
First half 2023 earnings released: EPS: AU$0.014 (vs AU$0.005 in 1H 2022) First half 2023 results: EPS: AU$0.014 (up from AU$0.005 in 1H 2022). Revenue: AU$20.7m (up 66% from 1H 2022). Net income: AU$1.17m (up 201% from 1H 2022). Profit margin: 5.6% (up from 3.1% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Global Communications industry. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Feb 20
Beam Communications Holdings Limited to Report First Half, 2023 Results on Feb 28, 2023 Beam Communications Holdings Limited announced that they will report first half, 2023 results on Feb 28, 2023 Price Target Changed • Nov 16
Price target increased to AU$0.37 Up from AU$0.32, the current price target is provided by 1 analyst. New target price is 51% above last closing price of AU$0.24. Stock is down 55% over the past year. The company is forecast to post earnings per share of AU$0.016 next year compared to a net loss per share of AU$0.0022 last year. Announcement • Oct 31
Beam Communications Holdings Limited, Annual General Meeting, Nov 30, 2022 Beam Communications Holdings Limited, Annual General Meeting, Nov 30, 2022, at 14:00 AUS Eastern Standard Time. Location: Unit 5, 8 Anzed Court Mulgrave Victoria Australia Agenda: To table the financial report of the Company and the related reports of the Directors and auditors for the year ended 30 June 2022 and to provide Shareholders with the opportunity to raise any issues or ask any questions generally of the Directors concerning the Annual Report or the business and operations of the Company; to consider Re-election of Director; to consider Election of Director; to consider Adoption of Remuneration Report; to consider Grant of Options to Mr Mark Chartres; to consider Replacement of Company Constitution; and to consider Approval for Additional Placement Capacity. Reported Earnings • Aug 31
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: AU$0.002 loss per share (down from AU$0.008 profit in FY 2021). Revenue: AU$24.3m (up 32% from FY 2021). Net loss: AU$176.8k (down 135% from profit in FY 2021). Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 45%. Over the next year, revenue is forecast to grow 7.7%, compared to a 15% growth forecast for the Communications industry in Australia. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Jun 07
Beam Communications Holdings Limited Provides Earnings Guidance for the Fiscal Year 2022 Beam Communications Holdings Limited provided earnings guidance for the fiscal year 2022. For the period, the group's revenue for fiscal year 2022 is expected to materially exceed that of fiscal year 2021, although second half of 2022 will not duplicate the strong sales or earnings before interest, tax, depreciation and amortisation (EBITDA) achieved in first half of 2022. As such, group revenue is forecast to increase by around 24% to $23 million. Announcement • Apr 22
Beam Communications Holdings Limited Announces Retirement of David Stewart as Non-Executive Director, Effective 30 September 2022 Beam Communications Holdings Ltd. announced the retirement of non-executive director David Stewart from the company's board of directors effective from 30 September 2022. Board Change • Mar 29
High number of new directors Independent Non-Executive Director Mark Chartres was the last director to join the board, commencing their role in 2022. Announcement • Feb 01
Beam Communications Holdings Limited Appoints Mark Chartres as an Independent Non-Executive Director, Effective 1 February 2022 Beam Communications Holdings Ltd. announced the appointment of Mark Chartres to its Board of Directors as an Independent Non-ExecutiveDirector, commencing on 1 February 2022. Mr. Chartres has spent nearly two decades professionally engaged in financial markets, includingwith Macquarie Group and (presently) Shaw and Partners. Recent Insider Transactions • Dec 16
Insider recently bought AU$229k worth of stock On the 10th of December, Niv Dagan bought around 2m shares on-market at roughly AU$0.15 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$310k more in shares than they have sold in the last 12 months. Reported Earnings • Sep 15
Full year 2021 earnings released: EPS AU$0.008 (vs AU$0.031 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$18.5m (up 24% from FY 2020). Net income: AU$509.2k (up AU$2.14m from FY 2020). Profit margin: 2.8% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Announcement • Mar 11
Beam Communications Holdings Ltd Receives Sixth Zoleo Order to Fulfil Increasing Demand Beam Communications Holdings Ltd. announced that it has received its sixth order for 12,500 ZOLEO units from its joint venture (JV) entity ZOLEO Inc. to meet increasing demand from its retail channel partners. The demand for the Beam-designed and developed unique global messaging solution is primarily coming from North America ahead of the region's Spring and Summer holiday seasons, which typically coincides with a rise in sales for outdoor equipment. ZOLEO is carried by all the major outdoor and camping retailers in Canada and the US, including Bass Pro Shop/Cabela's, Mountain Equipment Co-op (MEC), Recreational Equipment Inc. (REI) and London Drugs. Beam has also noted an increase in demand for ZOLEO from its Australian retail partners recently, albeit from a modest base as compared to North America where sales have exceeded expectations, as all state borders have reopened. Anaconda Group has made repeat orders for ZOLEO since it started selling the device in December 2020 and Beam is in advanced stages of negotiation with another major Australian retailer to stock the device. Is New 90 Day High Low • Jan 25
New 90-day high: AU$0.38 The company is up 23% from its price of AU$0.30 on 27 October 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 9.0% over the same period. Recent Insider Transactions Derivative • Dec 10
CEO, MD & Executive Director exercised options to buy AU$240k worth of stock. On the 3rd of December, Michael Capocchi exercised options to buy 907.50k shares at a strike price of around AU$0.20, costing a total of AU$177k. This transaction amounted to 57% of their direct individual holding at the time of the trade. Since June 2020, Michael has owned 1.60m shares directly. This was the only transaction from an insider over the last 12 months. Announcement • Dec 04
Beam Communications Holdings Limited Announces the Retirement of Carl Cheung Hung as Director Beam Communications Holdings Limited announced the retirement of Carl Cheung Hung as a Director of the Company on 30 November 2020. Announcement • Oct 31
Beam Communications Holdings Limited Announces Retirement of Carl Hung as Non-Executive Director Beam Communications Holdings Limited announced that Non-executive director, Carl Hung, has decided not to stand for re-election and will retire from Beam's board at the conclusion of the AGM to focus on running Season Group International Inc. (Seasons), where he is the President and Chief Executive Officer. Announcement • Oct 13
Beam Communications Holdings Limited announced that it expects to receive AUD 5.3 million in funding Beam Communications Holdings Limited (ASX:BCC) announced that it will issue 21,200,000 shares at a price of AUD 0.25 per share for gross proceeds of AUD 5,300,000 on October 12, 2020. The transaction will include participation from a number of well-regarded domestic and international small cap funds, family offices, high net worth, and institutional investors. The offer price reflects a modest discount of approximately 5% to the 30-day volume weighted average price for the company's listed common shares. The company will also issue 7,066,000 attaching options, one option for every three shares allocated. The option will have an exercise price of AUD 0.50 and will expire on 31 December 2022. The transaction will take place in two tranches. The company will receive AUD 3,300,000 in its first tranche and AUD 1,700,000 in its second tranche subject to the receipt of shareholder approval at the upcoming annual general meeting. The company aimed at raising AUD 2,500,000 initially. The transaction is expected to close on October 16, 2020. Announcement • Oct 04
Beam Communications Holdings Ltd Receives Order for Manufacturing of the Iridium Go! from Iridium Communications Inc Beam Communications Holdings Ltd. announced that it has received its eighth order for manufacturing of the Iridium GO! from leading satellite services company Iridium Communications Inc. The Iridium GO! continues to be a popular choice for consumers headed off-the-grid, even after six years of sales. The order for an additional 5,000 Iridium GO! units will take the total number of units manufactured by Beam to 50,000 since the device's debut in mid-2014. Beam expects to commence shipment of the latest order in the second half of fiscal year 2021. Is New 90 Day High Low • Oct 01
New 90-day high: AU$0.29 The company is up 97% from its price of AU$0.15 on 02 July 2020. The Australian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 6.0% over the same period.