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Connected IO

ASX:CIO
Snowflake Description

Imperfect balance sheet with weak fundamentals.

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

Connected IO Limited develops wireless products for machine-to-machine communications and Internet of Things connectivity in Australia. The last earnings update was 56 days ago. More info.


Add to Portfolio Compare Print
  • Connected IO has significant price volatility in the past 3 months.
CIO Share Price and Events
7 Day Returns
0%
ASX:CIO
-0.2%
AU Communications
1.7%
AU Market
1 Year Returns
-87.5%
ASX:CIO
-30.7%
AU Communications
5.9%
AU Market
CIO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Connected IO (CIO) 0% -14.3% 0% -87.5% -91.7% -95%
AU Communications -0.2% 3.4% 19.5% -30.7% -62.1% 69.8%
AU Market 1.7% 4% 8.6% 5.9% 21.4% 7.4%
1 Year Return vs Industry and Market
  • CIO underperformed the Communications industry which returned -30.7% over the past year.
  • CIO underperformed the Market in Australia which returned 5.9% over the past year.
Price Volatility
CIO
Industry
5yr Volatility vs Market

Value

 Is Connected IO 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 Connected IO. This is due to cash flow or dividend data being unavailable. The share price is A$0.003.
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 Connected IO's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Connected IO's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:CIO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:CIO Share Price ** ASX (2019-04-24) in AUD A$0
Global Communications Industry PE Ratio Median Figure of 94 Publicly-Listed Communications Companies 20.23x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.28x

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

** Primary Listing of Connected IO.

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

= ASX:CIO Share Price ÷ EPS (both in AUD)

= 0 ÷ 0.00

-0.89x

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

  • Connected IO is loss making, we can't compare its value to the Global Communications industry average.
  • Connected IO is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Connected IO's expected growth come at a high price?
Raw Data
ASX:CIO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Communications Industry PEG Ratio Median Figure of 46 Publicly-Listed Communications Companies 1.1x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.36x

*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 Connected IO, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Connected IO's assets?
Raw Data
ASX:CIO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:CIO Share Price * ASX (2019-04-24) in AUD A$0
Australia Communications Industry PB Ratio Median Figure of 6 Publicly-Listed Communications Companies 2.36x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.66x
ASX:CIO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:CIO Share Price ÷ Book Value per Share (both in AUD)

= 0 ÷ 0.00

2.79x

* Primary Listing of Connected IO.

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

  • Connected IO is overvalued based on assets compared to the AU Communications industry average.
X
Value checks
We assess Connected IO'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 Communications 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 Communications industry average (and greater than 0)? (1 check)
  5. Connected IO 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.

Future Performance

 How is Connected IO 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 Connected IO 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
19.4%
Expected Communications industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Connected IO expected to grow at an attractive rate?
  • Unable to compare Connected IO's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Connected IO's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Connected IO's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:CIO Future Growth Rates Data Sources
Data Point Source Value (per year)
Global Communications Industry Earnings Growth Rate Market Cap Weighted Average 19.4%
Global Communications Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*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:CIO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:CIO Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 2 -3 -4
2018-09-30 2 -4 -4
2018-06-30 2 -4 -5
2018-03-31 2 -4 -6
2017-12-31 2 -5 -5
2017-09-30 2 -4 -6
2017-06-30 2 -4 -6
2017-03-31 1 -4 -7
2016-12-31 1 -5 -6
2016-09-30 0 -4 -4
2016-06-30 0 -3 -2
2016-03-31 0 -2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Connected IO is high growth as no earnings estimate data is available.
  • Unable to determine if Connected IO 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:CIO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Connected IO Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CIO Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -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 Connected IO will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CIO’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Connected IO'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 Tech companies here
  3. Connected IO'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 Connected IO'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 Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global 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.
Connected IO 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.

Past Performance

  How has Connected IO 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 Connected IO's growth in the last year to its industry (Communications).
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.
  • Connected IO does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Connected IO's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Connected IO's 1-year growth to the Global Communications industry average as it is not currently profitable.
Earnings and Revenue History
Connected IO'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 Connected IO Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CIO Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1.76 -3.70 3.69
2018-09-30 1.72 -4.36 4.19
2018-06-30 1.67 -5.02 4.69
2018-03-31 1.87 -5.94 4.83 0.17
2017-12-31 2.07 -4.53 5.34
2017-09-30 1.88 -5.51 4.83
2017-06-30 1.69 -6.49 4.32
2017-03-31 1.13 -6.69 3.98
2016-12-31 0.58 -6.29 3.66
2016-09-30 0.40 -4.18 3.26
2016-06-30 0.22 -2.08 2.86
2016-03-31 0.11 -2.55 3.14
2015-12-31 0.00 -3.03 3.42
2015-09-30 0.00 -3.05 3.16
2015-06-30 0.00 -3.08 2.91
2015-03-31 0.00 -1.99 1.84
2014-12-31 -0.90 0.78
2014-09-30 -1.00 0.76
2014-06-30 -1.10 0.73
2014-03-31 -0.01 -1.53 0.65
2013-12-31 -0.03 -1.96 0.56
2013-09-30 -0.01 -1.96 0.62
2013-06-30 0.01 -1.96 0.68
2013-03-31 -0.96 -1.82 1.00
2012-12-31 -1.92 -1.67 1.32
2012-09-30 -0.96 -2.00 1.50
2012-06-30 -2.33 1.68

*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 Connected IO has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Connected IO has efficiently used its assets last year compared to the Global Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Connected IO 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 Connected IO'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 Communications 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.
Connected IO 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.

Health

 How is Connected IO'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 Connected IO's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Connected IO's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Connected IO has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Connected IO'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.
  • Debt is covered by short term assets, assets are 1.1x debt.
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 Connected IO Company Filings, last reported 3 months ago.

ASX:CIO Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1.95 1.35 0.66
2018-09-30 1.95 1.35 0.66
2018-06-30 0.64 1.37 0.07
2018-03-31 0.99 1.37 0.07
2017-12-31 3.10 1.28 1.43
2017-09-30 3.10 1.28 1.43
2017-06-30 3.03 0.50 0.64
2017-03-31 3.03 0.50 0.64
2016-12-31 5.11 0.00 2.01
2016-09-30 5.11 0.00 2.01
2016-06-30 6.87 0.00 1.30
2016-03-31 6.87 0.00 1.30
2015-12-31 2.26 1.10 4.40
2015-09-30 2.26 1.10 4.40
2015-06-30 -1.71 0.66 0.01
2015-03-31 -1.71 0.66 0.01
2014-12-31 0.71 0.81 0.05
2014-09-30 0.71 0.81 0.05
2014-06-30 1.12 0.31 0.04
2014-03-31 1.12 0.31 0.04
2013-12-31 0.12 1.60 0.28
2013-09-30 0.12 1.60 0.28
2013-06-30 0.37 0.30 0.18
2013-03-31 0.37 0.30 0.18
2012-12-31 -0.08 0.28 0.06
2012-09-30 -0.08 0.28 0.06
2012-06-30 -0.54 1.18 0.03
  • Connected IO's level of debt (69.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (1199.8% vs 69.3% today).
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.

  • Connected IO has less than a year of cash runway based on current free cash flow.
  • Connected IO has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.6% each year.
X
Financial health checks
We assess Connected IO'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. Connected IO has a total score of 2/6, 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.

Dividends

 What is Connected IO'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 Connected IO dividends.
If you bought A$2,000 of Connected IO 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 Connected IO's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Connected IO'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:CIO 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
Global Communications Industry Average Dividend Yield Market Cap Weighted Average of 49 Stocks 2.3%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

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 Connected IO has not reported any payouts.
  • Unable to verify if Connected IO's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Connected IO's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Connected IO 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 Connected IO's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - 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 Connected IO afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Connected IO 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.

Management

 What is the CEO of Connected IO'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
Yakov Temov
COMPENSATION A$298,105
TENURE AS CEO 3.3 years
CEO Bio

Mr. Yakov Temov has been Chief Executive Officer, Managing Director and Director at G8 Communications Limited (Formerly, Leopard Resources NL) since January 18, 2016.

CEO Compensation
  • Yakov's compensation has increased whilst company is loss making.
  • Yakov's remuneration is about average for companies of similar size in Australia.
Management Team

Yakov Temov

TITLE
CEO, MD & Director
COMPENSATION
A$298K
TENURE
3.3 yrs

Nicki Farley

TITLE
Company Secretary
AGE
42
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure of the Connected IO board of directors in years:

0.3
Average Tenure
  • The average tenure for the Connected IO board of directors is less than 3 years, this suggests a new board.
Board of Directors

Yakov Temov

TITLE
CEO, MD & Director
COMPENSATION
A$298K
TENURE
3.3 yrs

Adam Sierakowski

TITLE
Non-Executive Director
AGE
48
TENURE
0.3 yrs

Davide Bosio

TITLE
Non-Executive Director
AGE
40
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Connected IO insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
27. Mar 19 Buy IML Holdings Pty Ltd Company 25. Mar 19 25. Mar 19 3,000,000 A$0.00 A$8,999
26. Mar 19 Buy Yakov Temov Individual 22. Mar 19 22. Mar 19 7,100,000 A$0.00 A$21,299
14. Mar 19 Buy IML Holdings Pty Ltd Company 12. Mar 19 12. Mar 19 5,000,000 A$0.00 A$14,998
X
Management checks
We assess Connected IO'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. Connected IO 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.

News

Simply Wall St News

Is Connected IO Limited (ASX:CIO) A Financially Sound Company?

While small-cap stocks, such as Connected IO Limited (ASX:CIO) with its market cap of AU$4.5m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

What Kind Of Investor Owns Most Of Connected IO Limited (ASX:CIO)?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … We also tend to see lower insider ownership in companies that were previously publicly owned. … Connected IO is a smaller company with a market capitalization of AU$5.2m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What does Connected IO Limited's (ASX:CIO) Balance Sheet Tell Us About Its Future?

While small-cap stocks, such as Connected IO Limited (ASX:CIO) with its market cap of AU$7.10m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Connected IO Limited (ASX:CIO): Has Recent Earnings Growth Beaten Long-Term Trend?

Assessing Connected IO Limited's (ASX:CIO) past track record of performance is an insightful exercise for investors. … Today I will assess CIO's recent performance announced on 31 December 2017 and evaluate these figures to its long-term trend and industry movements. … CIO is loss-making, with the most recent trailing twelve-month earnings of -AU$5.14m (from 31 December 2017), which compared to last year has become.

Simply Wall St -

How Should You Think About Connected IO Limited's (ASX:CIO) Risks?

View our latest analysis for Connected IO An interpretation of CIO's beta Connected IO has a beta of 2.14, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements. … However, this is the opposite to what CIO’s actual beta value suggests, which is higher stock volatility relative to the market.

Simply Wall St -

Is Connected IO Limited (ASX:CIO) Excessively Paying Its CEO?

Check out our latest analysis for Connected IO What has CIO's performance been like? … Performance can be measured based on factors such as earnings and total shareholder return (TSR). … Typically I'd use market cap and profit as factors determining performance, however, CIO's negative earnings lower the effectiveness of this method.

Simply Wall St -

Connected IO Limited (ASX:CIO): Time For A Financial Health Check

With this growth in debt, CIO's cash and short-term investments stands at AU$639.46K , ready to deploy into the business. … At the current liabilities level of AU$1.46M liabilities, it appears that the company has been able to meet these obligations given the level of current assets of AU$2.00M, with a current ratio of 1.37x. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: At its current level of cash flow coverage, CIO has room for improvement to better cushion for events which may require debt repayment.

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How Does Connected IO Limited's (ASX:CIO) Earnings Growth Stack Up Against Industry Performance?

When Connected IO Limited (ASX:CIO) released its most recent earnings update (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … View our latest analysis for Connected IO Were CIO's earnings stronger than its past performances and the industry? … Connected IO's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

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Connected IO Limited (ASX:CIO): Is It Growing Too Fast?

Today I’ve examined Connected IO’s financial data from its most recent earnings update, to roughly assess when the company may need to raise new capital. … The measure of how fast Connected IO goes through its cash reserves over time is called the cash burn rate. … My cash burn analysis suggests that, if Connected IO continues to spend its cash reserves at this current high rate, it’ll have to raise capital within the upcoming months, which may be a surprise to some shareholders.

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Connected IO Limited (ASX:CIO) And The Tech Sector Outlook 2018

Connected IO Limited (ASX:CIO), is a AU$24.86M small-cap, which operates in the tech hardware industry based in Australia. … Tech analysts are forecasting for the entire hardware tech industry, a fairly unexciting growth rate of 5.51% in the upcoming year. … View our latest analysis for Connected IO What’s the catalyst for Connected IO's sector growth?

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Company Info

Description

Connected IO Limited develops wireless products for machine-to-machine communications and Internet of Things connectivity in Australia. The company offers modems and routers for use in vending machines, body cameras, wireless LAN systems, drones and robotics, energy management systems, security and surveillance products, precision equipment, digital signage products, kiosks/ATMs, point of sale systems, connected health products, tracking sensors, home entertainment and automation products, and mobile broadcast transmitters, as well as failover communications for wired networks. It also provides turn-key product development services, such as architecture design and development software and hardware design and development, product re-engineering, and product deployment support. The company was formerly known as G8 Communications Limited and changed its name to Connected IO Limited in December 2016. Connected IO Limited was incorporated in 1983 and is headquartered in Los Gatos, California.

Details
Name: Connected IO Limited
CIO
Exchange: ASX
Founded: 1983
A$5,439,255
1,813,085,059
Website: http://www.connectedio.com
Address: Connected IO Limited
573 University Avenue,
Los Gatos,
California, 95032,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CIO Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
DB EQ4 Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
CHIA G8C NPV Chi-X Australia AU AUD 25. Apr 2019
Number of employees
Current staff
Staff numbers
0
Connected IO employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 10:34
End of day share price update: 2019/04/24 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.