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ZMM

ZimiASX:ZMM Stock Report

Market Cap

AU$12.1m

7D

-3.3%

1Y

-42.0%

Updated

26 Oct, 2021

Data

Company Financials +
ZMM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ZMM Overview

Zimi Limited provides Internet of Things based electrical products for homes and working spaces in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Zimi
Historical stock prices
Current Share PriceAU$0.015
52 Week HighAU$0.012
52 Week LowAU$0.037
Beta2.62
1 Month Change3.57%
3 Month Change-14.71%
1 Year Change-42.00%
3 Year Change-91.08%
5 Year Changen/a
Change since IPO-98.47%

Recent News & Updates

Shareholder Returns

ZMMAU TechAU Market
7D-3.3%1.2%0.8%
1Y-42.0%28.8%24.4%

Return vs Industry: ZMM underperformed the Australian Tech industry which returned 28.8% over the past year.

Return vs Market: ZMM underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is ZMM's price volatile compared to industry and market?
ZMM volatility
ZMM Beta2.62
Industry Beta1.15
Market Beta1

Stable Share Price: ZMM is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: ZMM's weekly volatility has decreased from 22% to 16% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2005n/aBrett Savillhttps://www.zimi.life

Zimi Limited provides Internet of Things based electrical products for homes and working spaces in Australia. The company offers dimmable light switches that enable the control to adjust light levels; multipurpose switches for switching lighting, appliances, and devices directly; fan and light controller switches; double power points that allow to monitor and manage energy use from individual points in house; cloud connects that manage home’s energy use, as well as enable voice commands and monitors power use; and garage controllers to control garage doors. The company was formerly known as Quantify Technology Holdings Limited and changed its name to Zimi Limited in April 2021.

Zimi Fundamentals Summary

How do Zimi's earnings and revenue compare to its market cap?
ZMM fundamental statistics
Market CapAU$12.06m
Earnings (TTM)-AU$2.89m
Revenue (TTM)AU$18.24k

725.0x

P/S Ratio

-4.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZMM income statement (TTM)
RevenueAU$18.24k
Cost of RevenueAU$11.92k
Gross ProfitAU$6.32k
ExpensesAU$2.90m
Earnings-AU$2.89m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0034
Gross Margin34.64%
Net Profit Margin-15,858.37%
Debt/Equity Ratio0%

How did ZMM perform over the long term?

See historical performance and comparison

Valuation

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

1.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ZMM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ZMM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ZMM is unprofitable, so we can't compare its PE Ratio to the Global Tech industry average.

PE vs Market: ZMM is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ZMM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ZMM is good value based on its PB Ratio (1.5x) compared to the XX Tech industry average (1.8x).


Future Growth

How is Zimi forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

41.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZMM is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ZMM is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ZMM is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ZMM's revenue (81.7% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: ZMM's revenue (81.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ZMM is forecast to be unprofitable in 3 years.


Past Performance

How has Zimi performed over the past 5 years?

-1.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZMM is currently unprofitable.

Growing Profit Margin: ZMM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ZMM is unprofitable, and losses have increased over the past 5 years at a rate of 1.6% per year.

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

Earnings vs Industry: ZMM is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (23.4%).


Return on Equity

High ROE: ZMM has a negative Return on Equity (-35.05%), as it is currently unprofitable.


Financial Health

How is Zimi's financial position?


Financial Position Analysis

Short Term Liabilities: ZMM's short term assets (A$2.0M) exceed its short term liabilities (A$1.8M).

Long Term Liabilities: ZMM's short term assets (A$2.0M) exceed its long term liabilities (A$186.4K).


Debt to Equity History and Analysis

Debt Level: ZMM is debt free.

Reducing Debt: ZMM has no debt compared to 5 years ago when its debt to equity ratio was 7.9%.


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: ZMM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ZMM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.1% each year


Dividend

What is Zimi current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ZMM'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 ZMM'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

Brett Savill

3yrs

Tenure

AU$322,563

Compensation

Mr. Brett Savill, BA (Hons) 2i, MBA, FAICD, has been CEO and MD of Quantify Technology Holdings Limited since October 1, 2018. He has been Executive Director at Quantify Technology Holdings Ltd since May 2...


CEO Compensation Analysis

Compensation vs Market: Brett's total compensation ($USD241.80K) is about average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Brett's compensation has been consistent with company performance over the past year.


Leadership Team

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


Board Members

Experienced Board: ZMM's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ZMM 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 436.1%.


Top Shareholders

Company Information

Zimi Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Zimi Limited
  • Ticker: ZMM
  • Exchange: ASX
  • Founded: 2005
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: AU$12.060m
  • Shares outstanding: 861.45m
  • Website: https://www.zimi.life

Location

  • Zimi Limited
  • 14 Millennium Circuit
  • Helensvale
  • Queensland
  • 4212
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:02
End of Day Share Price2021/10/26 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.