Reported Earnings • Mar 02
First half 2026 earnings released: AU$0.034 loss per share (vs AU$0.089 loss in 1H 2025) First half 2026 results: AU$0.034 loss per share (improved from AU$0.089 loss in 1H 2025). Revenue: AU$9.48m (down 42% from 1H 2025). Net loss: AU$556.7k (loss narrowed 60% from 1H 2025). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Global Communications industry. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. New Risk • Nov 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$414.5k (US$271.5k) 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 06
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: AU$0.011 loss per share (further deteriorated from AU$0.004 loss in FY 2024). Revenue: AU$19.3m (down 38% from FY 2024). Net loss: AU$17.2m (loss widened 182% from FY 2024). Revenue missed analyst estimates by 36%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Communications industry. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Aug 31
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: AU$0.095. Revenue: AU$19.3m (down 38% from FY 2024). Net loss: AU$17.2m (loss widened 182% from FY 2024). Revenue missed analyst estimates by 36%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Global Communications industry. New Risk • Aug 30
New major risk - Revenue and earnings growth Earnings have declined by 23% 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 Negative equity (-AU$6.0m). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AU$33.1m market cap, or US$21.7m). Announcement • Aug 29
Senetas Corporation Limited, Annual General Meeting, Nov 14, 2025 Senetas Corporation Limited, Annual General Meeting, Nov 14, 2025. New Risk • Apr 21
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: AU$145k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Negative equity (-AU$6.0m). Minor Risks Significant insider selling over the past 3 months (AU$145k sold). Market cap is less than US$100m (AU$33.1m market cap, or US$21.1m). Recent Insider Transactions Derivative • Jan 11
Founder & Non Executive Chairman exercised options to buy AU$465k worth of stock. On the 8th of January, Francis Galbally exercised options to buy 17m shares at a strike price of around AU$0.025, costing a total of AU$430k. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. Since June 2024, Francis' direct individual holding has increased from 198.92m shares to 199.32m. Company insiders have collectively bought AU$528k more than they sold, via options and on-market transactions, in the last 12 months. New Risk • Nov 19
New major risk - Revenue and earnings growth Earnings have declined by 43% 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 Negative equity (-AU$1.6m). Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (AU$34.6m market cap, or US$22.4m). Announcement • Sep 04
Senetas Corporation Limited, Annual General Meeting, Nov 15, 2024 Senetas Corporation Limited, Annual General Meeting, Nov 15, 2024. Reported Earnings • Aug 31
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: AU$0.004 loss per share (improved from AU$0.006 loss in FY 2023). Revenue: AU$31.2m (up 6.5% from FY 2023). Net loss: AU$6.11m (loss narrowed 17% from FY 2023). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 8.7%. Revenue is forecast to grow 14% 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 8% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. New Risk • May 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$11m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$286k net loss in 2 years). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (AU$25.1m market cap, or US$16.5m). New Risk • Mar 20
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: AU$8.1m Forecast net loss in 2 years: AU$286k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-AU$11m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$286k net loss in 2 years). Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (AU$29.9m market cap, or US$19.5m). Announcement • Dec 29
Senetas Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 3.499998 million. Senetas Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 3.499998 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 90,400,000
Price\Range: AUD 0.014
Discount Per Security: AUD 0.00084
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,042,882
Price\Range: AUD 0.014
Discount Per Security: AUD 0.00168
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 128,556,999
Price\Range: AUD 0.014
Discount Per Security: AUD 0.00168
Security Features: Attached Options
Transaction Features: Rights Offering Announcement • Dec 06
Senetas Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Senetas Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 102,649,857
Price\Range: AUD 0.014
Discount Per Security: AUD 0.00084
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,493,000
Price\Range: AUD 0.014
Discount Per Security: AUD 0.00084
Transaction Features: Subsequent Direct Listing New Risk • Dec 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (8.5% increase in shares outstanding). Market cap is less than US$100m (AU$18.4m market cap, or US$12.2m). Announcement • Oct 10
Senetas Corporation Limited, Annual General Meeting, Nov 30, 2023 Senetas Corporation Limited, Annual General Meeting, Nov 30, 2023. Location: Seasons Botanic Gardens 348 St Kilda Road Melbourne Australia Reported Earnings • Sep 01
Full year 2023 earnings released Full year 2023 results: Revenue: AU$39.3m (up 57% from FY 2022). Net loss: AU$7.31m (loss widened 24% from FY 2022). New Risk • Aug 31
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 Earnings have declined by 71% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$27.9m market cap, or US$18.1m). New Risk • Jun 26
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 Earnings have declined by 71% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$30.4m market cap, or US$20.3m). Reported Earnings • Mar 03
First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2022) First half 2023 results: AU$0.002 loss per share (in line with 1H 2022). Revenue: AU$14.9m (up 16% from 1H 2022). Net loss: AU$3.09m (loss widened 12% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Non-Executive Director Dave Hansen was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 01
Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.003 loss in FY 2021) Full year 2022 results: AU$0.005 loss per share (down from AU$0.003 loss in FY 2021). Revenue: AU$25.1m (up 9.1% from FY 2021). Net loss: AU$5.89m (loss widened 59% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Announcement • Aug 31
Senetas Corporation Limited, Annual General Meeting, Nov 18, 2022 Senetas Corporation Limited, Annual General Meeting, Nov 18, 2022. Announcement • May 04
Senetas Corporation Limited announced that it has received AUD 5 million in funding Senetas Corporation Limited announced a private placement of 131,578,948 shares at an issue price of AUD 0.038 per share for gross proceeds of AUD 5,000,000 to institutional and sophisticated investors on May 4, 2022. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Non-Executive Director Dave Hansen was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Feb 26
Senetas Corporation Limited Provides Consolidated Revenue Guidance for the Fiscal Year 2022 Senetas Corporation Limited provided consolidated revenue guidance for the fiscal year 2022. for the year, the company expects revenue to be higher than fiscal year 2021. Reported Earnings • Aug 29
Full year 2021 earnings released: AU$0.34 loss per share (vs AU$0.001 loss in FY 2020) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: AU$23.0m (up 1.8% from FY 2020). Net loss: AU$3.71m (loss widened 241% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 176 percentage points per year, which is a significant difference in performance. Announcement • Feb 05
Senetas Corporation Limited to Report First Half, 2021 Results on Feb 26, 2021 Senetas Corporation Limited announced that they will report first half, 2021 results on Feb 26, 2021