Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Jayne Shaw was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 06
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 14% 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 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$75.8m market cap, or US$55.2m). Board Change • May 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Jayne Shaw was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Feb 04
PharmX Technologies Limited to Report First Half, 2026 Results on Feb 25, 2026 PharmX Technologies Limited announced that they will report first half, 2026 results on Feb 25, 2026 Board Change • Dec 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Jayne Shaw was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Sep 13
PharmX Technologies Limited, Annual General Meeting, Nov 11, 2025 PharmX Technologies Limited, Annual General Meeting, Nov 11, 2025. Tillkännagivande • Sep 01
Pharmx Technologies Limited Announces Board Changes, Effective 1 September 2025 PharmX Technologies Limited announced that Mr. Alexander (Sandy) Mellis has been appointed as a full Non-Executive Director of the Company with effect from1 September 2025, having resigned from his position as an Alternate Director to Mr. Dennis Bastas. Mr. Mellis has acted as an Alternate Director to Mr. Bastas since September 2024 and has provided invaluable contribution to the Board during this time. Mr. Mellis will continue to provide his 25+ years industry experience in consumer health brands and the Australian consumer goods market across a variety of market channels to the Company, having consented to a full position on the Board. Mr. Mellis has been appointed to fill a casual vacancy in accordance with the Company's Constitution until the Company's 2025 Annual General Meeting (AGM) whereby Mr. Mellis will stand for election in accordance with the Company's Constitution and ASX Listing Rules. The Company notes it was originally intended that Mr. Mellis remain as Alternate Director until the 2025 AGM where he was then due to step down as an Alternate Director and stand for election as a Non-Executive Director, however the Board (with Mr. Mellis' endorsement) has chosen to expedite the appoint of Mr. Mellis in light of the immediate resignation of Mr. Dennis Bastas. The Company has identified and acknowledges a breach of ASX Listing Rule 14.4 in relation to Mr. Bastas' current term as a Director of the Company. At the 2024 AGM, Pharmx had planned to seek re-election of Mr. Bastas as a Non-Executive Director in accordance with the requirements under its Constitution and the ASX's Listing Rules, however due to an administrative oversight from its 2024 AGM the resolution was omitted from the Notice of Meeting, resulting in Mr. Bastas continuing as a Director for a period longer than the 3-year term stipulated by the ASX Listing Rules without standing for re- election. Mr. Bastas, by mutual agreement with the Company, has resigned as a Director of the Company with effective from 1 September 2025, allowing him to focus more fully on his position as Chairman & Group CEO of DBG Health. Board Change • Aug 23
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Jayne Shaw was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 21
Full year 2025 earnings released: AU$0.04 loss per share (vs AU$0 in FY 2024) Full year 2025 results: AU$0.04 loss per share (further deteriorated from AU$0 in FY 2024). Revenue: AU$7.53m (down 7.0% from FY 2024). Net loss: AU$264.0k (down 378% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 186 percentage points per year, which is a significant difference in performance. Tillkännagivande • Aug 13
PharmX Technologies Limited to Report Fiscal Year 2025 Results on Aug 20, 2025 PharmX Technologies Limited announced that they will report fiscal year 2025 results on Aug 20, 2025 Tillkännagivande • Feb 03
PharmX Technologies Limited to Report First Half, 2025 Results on Feb 19, 2025 PharmX Technologies Limited announced that they will report first half, 2025 results on Feb 19, 2025 Tillkännagivande • Nov 28
PharmX Technologies Limited Announces Change of Company Secretary PharmX Technologies Limited announced the appointment of Christopher Fernandes as Company Secretary with effect from 27 November 2024, replacing Sally McDow. Mr. Fernandes is an employee of BoardRoom Pty Ltd. (the Company's Corporate Secretarial provider). Chris is an experienced Company Secretary with expertise in corporate governance functions of private and public companies in both Australia and the United Kingdom. For the purpose of ASX listing rule 12.6, Mr. Fernandes will be the person responsible for communications with the ASX in relation to ASX Listing Rule matters. Tillkännagivande • Oct 25
PharmX Technologies Limited, Annual General Meeting, Nov 26, 2024 PharmX Technologies Limited, Annual General Meeting, Nov 26, 2024. Location: bdo audit pty ltd at rooms 5 & 6, level 11, 1 margaret street, sydney nsw 2000, sydney Australia Tillkännagivande • Sep 11
PharmX Technologies Limited Appoints Alexander Mellis as A Non-Executive and Independent Alternate Director PharmX Technologies Ltd. has announced a change to its Board of Directors, appointing Alexander (Sandy) Mellis as a Non-Executive and Independent Alternate Director for Mr. Dennis Bastas, effective immediately. Sandy Mellis brings over 25 years of experience in the consumer health and goods sectors, having developed and managed brands across Australia, New Zealand, the UK, the US, and Europe. His recent roles include serving as Chief Commercial Officer of DBG Health and Chief Executive Officer of VidaCorp, the Consumer Health & Beauty division of DBG Health. Reported Earnings • Aug 28
Full year 2024 earnings released: EPS: AU$0 (vs AU$0.001 loss in FY 2023) Full year 2024 results: EPS: AU$0 (improved from AU$0.001 loss in FY 2023). Revenue: AU$8.09m (up 32% from FY 2023). Net income: AU$95.0k (up AU$978.0k from FY 2023). Profit margin: 1.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jul 24
PharmX Technologies Limited to Report Fiscal Year 2024 Results on Aug 21, 2024 PharmX Technologies Limited announced that they will report fiscal year 2024 results on Aug 21, 2024 Board Change • May 02
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. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Jayne Shaw was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 07
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. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Jayne Shaw was the last independent director to join the board, commencing their role in 2020. 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 • Feb 24
First half 2024 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2023) First half 2024 results: EPS: AU$0 (improved from AU$0.001 loss in 1H 2023). Revenue: AU$3.24m (down 47% from 1H 2023). Net income: AU$236.0k (up AU$807.0k from 1H 2023). Profit margin: 7.3% (up from net loss in 1H 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Tillkännagivande • Feb 14
PharmX Technologies Limited to Report First Half, 2024 Results on Feb 23, 2024 PharmX Technologies Limited announced that they will report first half, 2024 results on Feb 23, 2024 New Risk • Feb 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.0m (US$9.76m) 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. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 7.1% per year for the foreseeable future. Market cap is less than US$10m (AU$15.0m market cap, or US$9.76m). Minor Risk Revenue is less than US$5m (AU$6.1m revenue, or US$4.0m). Board Change • Jan 25
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. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Jayne Shaw was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Nov 17
PharmX Technologies Limited Announces the Appointment of Tom Culver as Chief Executive Officer, Effective 20 November 2023 The Board of PharmX Technologies Limited announced the appointment of Tom Culver as CEO effective 20th November 2023. Tom joins PharmX with an extensive background in leading innovative technology companies, driving sales and implementing growth strategies. He has over 20 years of experience as a founder and business owner, as well as in senior leadership roles in organizations across the public and private sectors in both B2B and consumer focused enterprises. His appointment comes as PharmX is poised for growth following significant recent investment in its EDI gateway and Marketplace capabilities. His technology, growth and leadership experience will be vital as the company focuses on revenue growth, delivering exceptional customer engagement, and raising its profile with enterprise providers and pharmacists across Australia and New Zealand. Nick England will revert to his role as non-executive Chairman after a brief transition period. Tillkännagivande • Oct 20
PharmX Technologies Limited, Annual General Meeting, Nov 21, 2023 PharmX Technologies Limited, Annual General Meeting, Nov 21, 2023, at 11:01 AUS Eastern Standard Time. Location: Suite 11.02, Level 11, 17 Castlereagh Street Sydney New South Wales Australia Agenda: To consider and approve the Financial Statements, Directors' Report and Auditor's Report of the Company for the year ended 30 June 2023; to consider and approve election of Directors; to consider and approve remuneration report; to consider and approve of Additional 10% Placement Facility. Board Change • Sep 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Dennis Bastas was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Sep 01
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 7.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 7.1% per year for the foreseeable future. Minor Risks Revenue is less than US$5m (AU$6.1m revenue, or US$3.9m). Market cap is less than US$100m (AU$23.9m market cap, or US$15.4m). Reported Earnings • Aug 24
Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0 in FY 2022) Full year 2023 results: AU$0.002 loss per share (further deteriorated from AU$0 in FY 2022). Revenue: AU$6.13m (down 49% from FY 2022). Net loss: AU$883.0k (down AU$901.0k from profit in FY 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia. Tillkännagivande • Aug 18
Corum Group Limited to Report Fiscal Year 2023 Results on Aug 23, 2023 Corum Group Limited announced that they will report fiscal year 2023 results on Aug 23, 2023 Board Change • Aug 15
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Dennis Bastas was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jul 23
Jonas Software AUS Pty Ltd entered into an agreement to acquire Corum Health Pty Ltd and Amfac Pty Ltd. from Corum Group Limited (ASX:COO) for AUD 6.3 million. Jonas Software AUS Pty Ltd entered into an agreement to acquire Corum Health Pty Ltd and Amfac Pty Ltd. from Corum Group Limited (ASX:COO) for AUD 6.3 million on July 21, 2023. The purchase price of AUD 6.25 million, on a cash free and debt free basis and subject to working capital adjustments, comprises of an initial purchase amount of AUD 4.75 million and a deferred purchase amount of AUD 1.5 million (payable on the first anniversary of completion, subject to any price adjustment for working capital adjustments or warranty claims). The purchase price may be increased through the achievement of annual recurring revenue targets (earnout payments) based on the achievement of certain business metrics on the first and second anniversaries of completion. Completion of the sale is subject to shareholder approval. Buying Opportunity • Jul 10
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be AU$0.048, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company became loss making. Board Change • Apr 14
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Dennis Bastas was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 07
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Dennis Bastas was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Dennis Bastas was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 07
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Dennis Bastas was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Dennis Bastas was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 25
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Interim CEO & Executive Chairman Nick England is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Reported Earnings • Aug 31
Full year 2022 earnings released: EPS: AU$0 (vs AU$0.002 in FY 2021) Full year 2022 results: EPS: AU$0 (down from AU$0.002 in FY 2021). Revenue: AU$12.0m (down 11% from FY 2021). Net income: AU$18.0k (down 98% from FY 2021). Profit margin: 0.2% (down from 8.2% in FY 2021). The decrease in margin was driven by lower revenue. Board Change • Jul 23
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Interim CEO & Executive Chairman Nick England is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Jun 08
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Interim CEO & Executive Chairman Nick England is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • May 17
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Interim CEO & Executive Chairman Nick England is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Apr 27
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Interim CEO & Executive Chairman Nick England is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Mar 15
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Interim CEO & Executive Chairman Nick England is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Reported Earnings • Feb 12
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: EPS: AU$0 (down from AU$0.002 in 1H 2021). Revenue: AU$6.10m (up 4.1% from 1H 2021). Net income: AU$88.0k (down 91% from 1H 2021). Profit margin: 1.4% (down from 17% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) were in line with analyst estimates. Over the next year, revenue is forecast to grow 10%, compared to a 32% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Board Change • Oct 16
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Group Chairman of the Board Nick England is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 22
Full year 2021 earnings released: EPS AU$0.002 (vs AU$0.001 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$13.4m (up 26% from FY 2020). Net income: AU$1.09m (up AU$915.0k from FY 2020). Profit margin: 8.2% (up from 1.7% in FY 2020). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 26
First half 2021 earnings released: EPS AU$0.002 (vs AU$0.001 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$6.64m (up 33% from 1H 2020). Net income: AU$988.0k (up AU$1.29m from 1H 2020). Profit margin: 15% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. 