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CIO

Connected IOASX:CIO Stock Report

Market Cap

AU$17.5m

7D

1.9%

1Y

-76.1%

Updated

19 Oct, 2021

Data

Company Financials
CIO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

CIO Overview

Connected IO Limited designs and manufactures routers and modems for machine-to-machine and IoT connectivity in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Connected IO
Historical stock prices
Current Share PriceAU$0.055
52 Week HighAU$0.04
52 Week LowAU$0.30
Beta0.031
1 Month Change0%
3 Month Change22.22%
1 Year Change-76.09%
3 Year Change-81.67%
5 Year Change-98.23%
Change since IPO-100.00%

Recent News & Updates

Dec 04
Does Connected IO (ASX:CIO) Have A Healthy Balance Sheet?

Does Connected IO (ASX:CIO) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

CIOAU CommunicationsAU Market
7D1.9%0.1%1.7%
1Y-76.1%16.8%20.3%

Return vs Industry: CIO underperformed the Australian Communications industry which returned 16.8% over the past year.

Return vs Market: CIO underperformed the Australian Market which returned 20.3% over the past year.

Price Volatility

Is CIO's price volatile compared to industry and market?
CIO volatility
CIO Beta0.031
Industry Beta0.85
Market Beta1

Stable Share Price: CIO is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: CIO's weekly volatility has decreased from 17% to 10% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983n/aDoug Fergusonhttps://www.connectedio.com.au

Connected IO Limited designs and manufactures routers and modems for machine-to-machine and IoT connectivity in Australia. It offers modems and routers for failover, point of sale, digital signage, kiosks, security and surveillance, energy management, telehealth, automotive telematics, smart cities, monitoring and control, and vending machines applications. The company was formerly known as G8 Communications Limited and changed its name to Connected IO Limited in December 2016.

Connected IO Fundamentals Summary

How do Connected IO's earnings and revenue compare to its market cap?
CIO fundamental statistics
Market CapAU$17.49m
Earnings (TTM)-AU$5.69m
Revenue (TTM)AU$1.20m

14.6x

P/S Ratio

-3.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CIO income statement (TTM)
RevenueAU$1.20m
Cost of RevenueAU$691.91k
Gross ProfitAU$504.75k
ExpensesAU$6.20m
Earnings-AU$5.69m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.018
Gross Margin42.18%
Net Profit Margin-475.72%
Debt/Equity Ratio-151.7%

How did CIO perform over the long term?

See historical performance and comparison

Valuation

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


In this section, we usually try to help investors determine whether Connected IO is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Connected IO has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Connected IO forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.8%

Forecasted Tech industry annual growth in earnings


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 SimplyWall St do have past financial data.


Past Performance

How has Connected IO performed over the past 5 years?

14.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CIO is currently unprofitable.

Growing Profit Margin: CIO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CIO is unprofitable, but has reduced losses over the past 5 years at a rate of 14.3% per year.

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

Earnings vs Industry: CIO is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (22.8%).


Return on Equity

High ROE: CIO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Connected IO's financial position?


Financial Position Analysis

Short Term Liabilities: CIO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CIO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CIO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CIO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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

Forecast Cash Runway: CIO has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 6.6% each year.


Dividend

What is Connected IO current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.8yrs

Average management tenure


CEO

Doug Ferguson (51 yo)

0.67

Tenure

Mr. Dougal James Ferguson, also known as Doug, B.Bus, CPA, MAICD, ICSA & GAICD, serves as the Chief Executive Officer at Connected IO Limited since February 18, 2021. He has been an Interim Company Secreta...


Leadership Team

Experienced Management: CIO's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: CIO's board of directors are not considered experienced ( 2.6 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: CIO insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 1182.2%.


Top Shareholders

Company Information

Connected IO Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Connected IO Limited
  • Ticker: CIO
  • Exchange: ASX
  • Founded: 1983
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: AU$17.486m
  • Shares outstanding: 317.92m
  • Website: https://www.connectedio.com.au

Location

  • Connected IO Limited
  • 8304 Esters Boulevard
  • Suite 850
  • Irving
  • Texas
  • 75063
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:33
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.