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Flexiroam

ASX:FRX
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FRX
ASX
A$4M
Market Cap
  1. Home
  2. AU
  3. Telecom
Company description

Flexiroam Limited, a mobile virtual network operator, provides affordable voice and data roaming service to international travelers worldwide. The last earnings update was 22 days ago. More info.


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  • Flexiroam has significant price volatility in the past 3 months.
FRX Share Price and Events
7 Day Returns
7.1%
ASX:FRX
-1.4%
AU Telecom
0%
AU Market
1 Year Returns
-68.1%
ASX:FRX
27.9%
AU Telecom
4.8%
AU Market
FRX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Flexiroam (FRX) 7.1% -6.3% -62.5% -68.1% -87% -
AU Telecom -1.4% -1.4% 7% 27.9% -37.3% -26%
AU Market 0% 0.9% 6.8% 4.8% 20.1% 12.2%
1 Year Return vs Industry and Market
  • FRX underperformed the Telecom industry which returned 27.9% over the past year.
  • FRX underperformed the Market in Australia which returned 4.8% over the past year.
Price Volatility
FRX
Industry
5yr Volatility vs Market
Related Companies

FRX Value

 Is Flexiroam undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

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. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Flexiroam. This is due to cash flow or dividend data being unavailable. The share price is A$0.015.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Flexiroam's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Flexiroam's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:FRX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in AUD A$-0.01
ASX:FRX Share Price ** ASX (2019-07-19) in AUD A$0.02
Australia Telecom Industry PE Ratio Median Figure of 7 Publicly-Listed Telecom Companies 27.72x
Australia Market PE Ratio Median Figure of 546 Publicly-Listed Companies 16.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Flexiroam.

ASX:FRX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:FRX Share Price ÷ EPS (both in AUD)

= 0.02 ÷ -0.01

-1.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Flexiroam is loss making, we can't compare its value to the AU Telecom industry average.
  • Flexiroam is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Flexiroam's expected growth come at a high price?
Raw Data
ASX:FRX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Telecom Industry PEG Ratio Median Figure of 7 Publicly-Listed Telecom Companies 2.14x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Flexiroam, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Flexiroam's assets?
Raw Data
ASX:FRX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in AUD A$-0.01
ASX:FRX Share Price * ASX (2019-07-19) in AUD A$0.02
Australia Telecom Industry PB Ratio Median Figure of 14 Publicly-Listed Telecom Companies 2.4x
Australia Market PB Ratio Median Figure of 1,693 Publicly-Listed Companies 1.7x
ASX:FRX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:FRX Share Price ÷ Book Value per Share (both in AUD)

= 0.02 ÷ -0.01

-1.09x

* Primary Listing of Flexiroam.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Flexiroam has negative assets, we can't compare the value of its assets to the AU Telecom industry average.

Next steps:

  1. Take a look at our analysis of FRX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Flexiroam's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Telecom industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Flexiroam's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Telecom industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Telecom industry average (and greater than 0)? (1 check)
  5. Flexiroam has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FRX Future Performance

 How is Flexiroam expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.4%
Expected Telecom industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Flexiroam expected to grow at an attractive rate?
  • Unable to compare Flexiroam's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Flexiroam's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Flexiroam's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:FRX Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Telecom Industry Earnings Growth Rate Market Cap Weighted Average 9.4%
Australia Telecom Industry Revenue Growth Rate Market Cap Weighted Average -0.6%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7.4%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:FRX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:FRX Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-03-31 6 -1 -3
2018-12-31 5 -10
2018-09-30 4 -2 -19
2018-06-30 4 -2 -19
2018-03-31 3 -3 -19
2017-12-31 2 -12
2017-09-30 2 -3 -6
2017-06-30 2 -3 -5
2017-03-31 2 -3 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Flexiroam is high growth as no earnings estimate data is available.
  • Unable to determine if Flexiroam is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:FRX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Flexiroam Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:FRX Past Financials Data
Date (Data in AUD Millions) EPS *
2019-03-31 -0.01
2018-12-31 -0.05
2018-09-30 -0.10
2018-06-30 -0.10
2018-03-31 -0.10
2017-12-31 -0.06
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Flexiroam will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of FRX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Flexiroam's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Telecom companies here
  3. Flexiroam's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Flexiroam's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Flexiroam has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FRX Past Performance

  How has Flexiroam performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Flexiroam's growth in the last year to its industry (Telecom).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Flexiroam does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Flexiroam's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Flexiroam's 1-year growth to the AU Telecom industry average as it is not currently profitable.
Earnings and Revenue History
Flexiroam's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Flexiroam Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:FRX Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 5.93 -2.88 4.89 0.49
2018-12-31 5.21 -10.33 4.84 0.46
2018-09-30 4.48 -18.79 4.10 0.43
2018-06-30 3.73 -19.47 4.06 0.40
2018-03-31 2.97 -19.14 4.72 0.38
2017-12-31 2.43 -12.35 4.31 0.37
2017-09-30 1.89 -5.57 3.89 0.35
2017-06-30 1.96 -5.39 4.00 0.50
2017-03-31 2.04 -5.21 4.10 0.64
2016-03-31 8.07 -6.04 11.05 0.14
2015-12-31 8.56 -6.06 10.56 0.04
2015-09-30 6.66 -5.28 8.05 0.02
2015-06-30 4.76 -4.50 5.55
2014-06-30 1.90 0.15 1.48
2014-03-31 1.36 0.05 1.08
2013-03-31 0.41 -0.24 0.39

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Flexiroam has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Flexiroam has efficiently used its assets last year compared to the AU Telecom industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Flexiroam improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Flexiroam's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Telecom industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Flexiroam has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FRX Health

 How is Flexiroam's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Flexiroam's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Flexiroam's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Flexiroam's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Flexiroam's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Flexiroam has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Flexiroam Company Filings, last reported 3 months ago.

ASX:FRX Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -3.06 0.00 0.53
2018-12-31 -3.06 0.00 0.53
2018-09-30 -1.15 0.00 1.55
2018-06-30 -1.15 0.00 1.55
2018-03-31 -0.79 0.00 0.70
2017-12-31 -0.79 0.00 0.70
2017-09-30 15.35 0.04 2.03
2017-06-30 15.35 0.04 2.03
2017-03-31 17.73 0.00 3.23
2016-03-31 25.45 0.07 6.72
2015-12-31 26.56 0.07 7.28
2015-09-30 26.56 0.07 7.28
2015-06-30 30.29 0.00 8.64
2014-06-30 19.41 1.23 0.14
2014-03-31 19.35 0.00 0.04
2013-03-31 18.14 0.00 0.04
  • Flexiroam has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Flexiroam's debt level has increased considering it has negative shareholder equity.
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.

  • Flexiroam has less than a year of cash runway based on current free cash flow.
  • Flexiroam has less than a year of cash runway if free cash flow continues to reduce at historical rates of -23.9% each year.
X
Financial health checks
We assess Flexiroam's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Flexiroam has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FRX Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Flexiroam dividends.
If you bought A$2,000 of Flexiroam shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Flexiroam's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Flexiroam's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:FRX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Oceania Telecom Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.4%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Flexiroam has not reported any payouts.
  • Unable to verify if Flexiroam's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Flexiroam's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Flexiroam has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Flexiroam's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Flexiroam afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Flexiroam has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FRX Management

 What is the CEO of Flexiroam's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jefrey (Jef) Ong
COMPENSATION A$164,763
AGE 37
TENURE AS CEO 4.6 years
CEO Bio

Mr. Kenn Tat Ong, also known as Jefrey, is the Founder of Flexiroam Limited and has also been its Chief Executive Officer since December 16, 2014. Mr. Ong serves as the Managing Director at Flexiroam Limited. He has over 15 years of experience in the telecommunication industry and has Co-founded three different technology-based companies. He serves as a Director of Flexiroam Sdn Bhd and Reapfield Technology Sdn Bhd. He has been an Executive Director at Flexiroam Limited since March 18, 2015. He holds a Bachelor of Computer Science & Information Technology from Champlain College, Vermont in the United States.

CEO Compensation
  • Jefrey (Jef)'s compensation has increased whilst company is loss making.
  • Jefrey (Jef)'s remuneration is lower than average for companies of similar size in Australia.
Management Team

Jefrey (Jef) Ong

TITLE
Founder
COMPENSATION
A$165K
AGE
37
TENURE
4.6 yrs

Lip Tan

TITLE
Chief Financial Officer

Ying Hwa Ong

TITLE
Vice-President of Operations

Kup Sang Yeap

TITLE
Vice-President of Sales & Marketing

Kim Hogg

TITLE
Company Secretary
TENURE
3.1 yrs
Board of Directors Tenure

Average tenure of the Flexiroam board of directors in years:

2.3
Average Tenure
  • The average tenure for the Flexiroam board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jefrey (Jef) Ong

TITLE
Founder
COMPENSATION
A$165K
AGE
37
TENURE
4.3 yrs

Larry Gan

TITLE
Non-executive Director
COMPENSATION
A$35K
AGE
64
TENURE
3.7 yrs

Tat Seng Koh

TITLE
Non-Executive Director
COMPENSATION
A$21K
TENURE
0.8 yrs

Tuckyin Choy

TITLE
Independent Non-Executive Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Flexiroam individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
05. May 19 Buy Aik Yeoh Individual 03. May 19 03. May 19 19,368,950 A$0.04 A$774,733
28. Aug 18 Buy Seng-Koh Tat Individual 25. Jul 18 22. Aug 18 19,168,000 A$0.04 A$724,194
X
Management checks
We assess Flexiroam's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Flexiroam has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FRX News

Simply Wall St News

Our Take On Flexiroam Limited's (ASX:FRX) CEO Salary

In 2014 Jefrey (Jef) Ong was appointed CEO of Flexiroam Limited (ASX:FRX). … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Jefrey (Jef) Ong's Compensation Compare With Similar Sized Companies?

Simply Wall St -

The Flexiroam (ASX:FRX) Share Price Is Down 64% So Some Shareholders Are Wishing They Sold

Sadly for them, the share price is down 64% in that time. … And the ride hasn't got any smoother in recent times over the last year, with the price 38% lower in that time. … Arguably, the market has responded appropriately to this business performance by sending the share price down 29% (annualized) in the same time period.

Simply Wall St -

Are Insiders Buying Flexiroam Limited (ASX:FRX) Stock?

So shareholders might well want to know whether insiders have been buying or selling shares in Flexiroam Limited (ASX:FRX). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … That means that even when the share price was higher, an insider wanted to purchase shares

Simply Wall St -

What Kind Of Shareholder Owns Most Flexiroam Limited (ASX:FRX) Stock?

If you want to know who really controls Flexiroam Limited (ASX:FRX), then you'll have to look at the makeup of its share registry. … Generally speaking, as a company grows, institutions will increase their ownership. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

Our Take On Flexiroam Limited's (ASX:FRX) CEO Salary

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Jefrey (Jef) Ong's Compensation Compare With Similar Sized Companies … At the time of writing our data says that Flexiroam Limited has a market cap of AU$13m, and is paying total annual CEO compensation of AU$154k.

Simply Wall St -

How Does Flexiroam Limited (ASX:FRX) Affect Your Portfolio Returns?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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Does Flexiroam Limited's (ASX:FRX) -12.70% Earnings Drop Reflect A Longer Term Trend?

Today I will take a look at Flexiroam Limited's (ASX:FRX) most recent earnings update (31 March 2018) and compare these latest figures against its performance over the past few years, as well as how the rest of the telecom industry performed. … Was FRX's weak performance lately a part of a long-term decline. … FRX is loss-making, with the most recent trailing twelve-month earnings of -AU$5.79m (from 31 March 2018), which compared to last year has become

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Want To Invest In Flexiroam Limited (ASX:FRX)? Here's How It Performed Lately

When Flexiroam Limited (ASX:FRX) announced its most recent earnings (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Check out our latest analysis for Flexiroam Have FRX's earnings improved against past performances and the industry? … ASX:FRX Income Statement May 9th 18 We can further assess Flexiroam's loss by looking at what the industry has been experiencing over the past few years.

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Flexiroam Limited (ASX:FRX): How Does It Impact Your Portfolio?

See our latest analysis for Flexiroam An interpretation of FRX's beta Flexiroam has a beta of 1.41, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements. … FRX, with its market capitalisation of AU$12.59M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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Who Are Flexiroam Limited's (ASX:FRX) Major Shareholders?

Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in FRX need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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FRX Company Info

Description

Flexiroam Limited, a mobile virtual network operator, provides affordable voice and data roaming service to international travelers worldwide. Its principal products include Flexiroam X, an ultra-thin microchip that is attachable to user’s existing SIM card and allows users to access data roaming that connects to local networks of overseas whilst travelling; and Flexiroam X App, a mobile application that provides information, such as network coverage, as well as a user guide and connection status. The company was founded in 2011 and is based in Petaling Jaya, Malaysia.

Details
Name: Flexiroam Limited
FRX
Exchange: ASX
Founded: 2011
A$3,631,251
242,083,451
Website: http://www.flexiroam.com
Address: Flexiroam Limited
22-2, Jalan PJU 8/3A,
Bandar Damansara Perdana,
Petaling Jaya,
Selangor, 47820,
Malaysia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX FRX Ordinary Shares Australian Securities Exchange AU AUD 16. Jun 2015
CHIA FRX Ordinary Shares Chi-X Australia AU AUD 16. Jun 2015
Number of employees
Current staff
Staff numbers
0
Flexiroam employees.
Industry
Integrated Telecommunication Services
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 10:38
End of day share price update: 2019/07/19 00:00
Last earnings filing: 2019/06/28
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.