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FRX

FlexiroamASX:FRX Stock Report

Market Cap

AU$17.6m

7D

6.1%

1Y

105.9%

Updated

19 Oct, 2021

Data

Company Financials
FRX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

FRX Overview

Flexiroam Limited, a mobile data operator, provides voice and data roaming services to travellers in Africa, Asia, Europe, North America, South America, Oceania, and Antarctica.

Price History & Performance

Summary of all time highs, changes and price drops for Flexiroam
Historical stock prices
Current Share PriceAU$0.035
52 Week HighAU$0.019
52 Week LowAU$0.096
Beta-0.48
1 Month Change12.90%
3 Month Change2.94%
1 Year Change105.88%
3 Year Change-36.36%
5 Year Change-66.67%
Change since IPO-82.50%

Recent News & Updates

Jan 29
What Did Flexiroam's (ASX:FRX) CEO Take Home Last Year?

What Did Flexiroam's (ASX:FRX) CEO Take Home Last Year?

Jefrey (Jef) Ong became the CEO of Flexiroam Limited ( ASX:FRX ) in 2014, and we think it's a good time to look at the...

Shareholder Returns

FRXAU TelecomAU Market
7D6.1%1.2%1.7%
1Y105.9%31.0%20.3%

Return vs Industry: FRX exceeded the Australian Telecom industry which returned 31% over the past year.

Return vs Market: FRX exceeded the Australian Market which returned 20.3% over the past year.

Price Volatility

Is FRX's price volatile compared to industry and market?
FRX volatility
FRX Beta-0.48
Industry Beta0.59
Market Beta1

Stable Share Price: FRX is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: FRX's weekly volatility has decreased from 24% to 14% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2010n/aMarc Barnetthttps://www.flexiroam.com

Flexiroam Limited, a mobile data operator, provides voice and data roaming services to travellers in Africa, Asia, Europe, North America, South America, Oceania, and Antarctica. Its products include Flexiroam X, an app that enables data connectivity; and XACE, which provides programmable data connectivity to Internet of Things and SuperApps players to enable its hardware/software to stay connected with multiple networks. The company was incorporated in 2010 and is based in Petaling Jaya, Malaysia.

Flexiroam Fundamentals Summary

How do Flexiroam's earnings and revenue compare to its market cap?
FRX fundamental statistics
Market CapAU$17.61m
Earnings (TTM)-AU$2.44m
Revenue (TTM)AU$2.52m

7.0x

P/S Ratio

-7.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FRX income statement (TTM)
RevenueAU$2.52m
Cost of RevenueAU$406.37k
Gross ProfitAU$2.11m
ExpensesAU$4.55m
Earnings-AU$2.44m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

Nov 30, 2021

Earnings per share (EPS)-0.0048
Gross Margin83.87%
Net Profit Margin-96.80%
Debt/Equity Ratio0%

How did FRX perform over the long term?

See historical performance and comparison

Valuation

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


In this section, we usually try to help investors determine whether Flexiroam is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Flexiroam 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 Flexiroam forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.0%

Forecasted Telecom 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 Flexiroam 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 Flexiroam performed over the past 5 years?

27.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FRX is currently unprofitable.

Growing Profit Margin: FRX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FRX is unprofitable, but has reduced losses over the past 5 years at a rate of 27.7% per year.

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

Earnings vs Industry: FRX is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (2.1%).


Return on Equity

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


Financial Health

How is Flexiroam's financial position?


Financial Position Analysis

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

Long Term Liabilities: FRX 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: FRX is debt free.

Reducing Debt: FRX'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: FRX has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: FRX has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 10.3% each year


Dividend

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


Dividend Yield vs Market

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

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

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

0.5yrs

Average management tenure


CEO

Marc Barnett

0.50

Tenure

AU$3,750

Compensation

Mr. Marc Barnett is Chief Executive Officer and Executive Director of Flexiroam Limited since April 28, 2021. He was Non-Executive Director at Flexiroam Limited since February 22, 2021 until April 28, 2021...


Leadership Team

Experienced Management: FRX's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: FRX's board of directors are not considered experienced ( 2.5 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: FRX 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 diluted in the past year, with total shares outstanding growing by 23.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: Flexiroam Limited
  • Ticker: FRX
  • Exchange: ASX
  • Founded: 2010
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: AU$17.610m
  • Shares outstanding: 503.15m
  • Website: https://www.flexiroam.com

Number of Employees


Location

  • Flexiroam Limited
  • The Starling Mall
  • Lot 4-401 & 4-402, Level 4
  • Petaling Jaya
  • Selangor
  • 47400
  • Malaysia

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 15:53
End of Day Share Price2021/10/19 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.