Zimi Limited provides Internet of Things based electrical products for homes and working spaces in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.015|
|52 Week High||AU$0.012|
|52 Week Low||AU$0.037|
|1 Month Change||3.57%|
|3 Month Change||-14.71%|
|1 Year Change||-42.00%|
|3 Year Change||-91.08%|
|5 Year Change||n/a|
|Change since IPO||-98.47%|
Recent News & Updates
|ZMM||AU Tech||AU Market|
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.
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
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
|ZMM fundamental statistics|
Is ZMM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ZMM income statement (TTM)|
|Cost of Revenue||AU$11.92k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0034|
|Net Profit Margin||-15,858.37%|
How did ZMM perform over the long term?See historical performance and comparison
Is Zimi undervalued compared to its fair value and its price relative to the market?
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).
How is Zimi forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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.
How has Zimi performed over the past 5 years?
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.
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$186.4K).
Debt to Equity History and Analysis
Debt Level: ZMM is debt free.
Reducing Debt: ZMM has no debt compared to 5 years ago when its debt to equity ratio was 7.9%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ZMM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ZMM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.1% each year
What is Zimi current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ZMM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ZMM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ZMM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ZMM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ZMM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Brett Savill, BA (Hons) 2i, MBA, FAICD, has been CEO and MD of Quantify Technology Holdings Limited since October 1, 2018. He has been Executive Director at Quantify Technology Holdings Ltd since May 2...
CEO Compensation Analysis
Compensation vs Market: Brett's total compensation ($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.
Experienced Management: ZMM's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: ZMM's board of directors are considered experienced (3.2 years average tenure).
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 436.1%.
Zimi Limited's employee growth, exchange listings and data sources
- 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
- Zimi Limited
- 14 Millennium Circuit
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:02|
|End of Day Share Price||2021/10/26 00:00|
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.