Board Change • May 20
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. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Li Chen was the last independent director to join the board, commencing their role in 2021. 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 • May 01
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. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Li Chen was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Jan 14
Sprintex Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million. Sprintex Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,666,667
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0045
Transaction Features: Subsequent Direct Listing Duyuru • Jan 09
Sprintex Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million. Sprintex Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,666,667
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0045
Transaction Features: Subsequent Direct Listing Board Change • Dec 31
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. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Li Chen was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Oct 14
Sprintex Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Sprintex Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,327,501
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,672,499
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Duyuru • Oct 01
Sprintex Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million. Sprintex Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,327,501
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,672,499
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Duyuru • Sep 24
Sprintex Limited, Annual General Meeting, Nov 14, 2025 Sprintex Limited, Annual General Meeting, Nov 14, 2025. Duyuru • Apr 02
Sprintex Limited has completed a Follow-on Equity Offering in the amount of AUD 3.25 million. Sprintex Limited has completed a Follow-on Equity Offering in the amount of AUD 3.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 65,000,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Duyuru • Mar 27
Sprintex Limited has filed a Follow-on Equity Offering. Sprintex Limited has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: Subsequent Direct Listing Duyuru • Jan 13
Sprintex Limited has completed a Follow-on Equity Offering in the amount of AUD 0.965333 million. Sprintex Limited has completed a Follow-on Equity Offering in the amount of AUD 0.965333 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,871,111
Price\Range: AUD 0.075
Discount Per Security: AUD 0.00375
Transaction Features: Subsequent Direct Listing Duyuru • Jan 02
Sprintex Limited has filed a Follow-on Equity Offering in the amount of AUD 0.965333 million. Sprintex Limited has filed a Follow-on Equity Offering in the amount of AUD 0.965333 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,871,111
Price\Range: AUD 0.075
Discount Per Security: AUD 0.00375
Transaction Features: Subsequent Direct Listing Board Change • Dec 24
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. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Li Chen was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Nov 07
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 13% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.8m free cash flow). Negative equity (-AU$1.9m). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m (AU$1.2m revenue, or US$793k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$30.6m market cap, or US$20.3m). Duyuru • Oct 18
Sprintex Limited, Annual General Meeting, Nov 29, 2024 Sprintex Limited, Annual General Meeting, Nov 29, 2024. Reported Earnings • Oct 17
Full year 2024 earnings released: AU$0.011 loss per share (vs AU$0.017 loss in FY 2023) Full year 2024 results: AU$0.011 loss per share. Revenue: AU$1.20m (up 17% from FY 2023). Net loss: AU$4.50m (loss widened 2.6% from FY 2023). Duyuru • Oct 17
Sprintex Limited Announces Company Secretary Changes Sprintex Limited announced the appointment of John Bell as Company Secretary. Mr. Bell is a Chartered Accountant, Chartered Tax Advisor, and a seasoned CFO with over 25 years of financial and operational experience. He has previously served as CFO for both listed and unlisted companies in Australia and internationally, particularly within the technology sector. In addition to his CFO experience, Mr. Bell has advised on numerous corporate transactions, including mergers and acquisitions, IPOs, RTOs, capital raisings, and debt funding, making him a valuable addition to Sprintex as the Company enters a period of accelerated growth. John replaces Michael Van Uffelen, with the appointment effective immediately. Board Change • Jan 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Steve Apedaile was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 60% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.3m free cash flow). Negative equity (-AU$2.2m). Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m (AU$1.0m revenue, or US$691k). Market cap is less than US$10m (AU$5.69m market cap, or US$3.85m). Duyuru • Nov 09
Sprintex Limited Announces Release of Two New Automotive Supercharger Systems at SEMA Expo Held in Nevada USA Sprintex Limited confirmed release of two new Automotive supercharger systems at the SEMA Expo held in Nevada USA from October 31st to November 3rd, with USD 80,000 (approx. A$123,000) of new orders secured. Sprintex is the first of the mainstream aftermarket supercharger manufacturers to launch a system for the new generation 2 Toyota GR86/Subaru BRZ platform introduced in 2022. The systems were launched in the New Products Expo at the SEMA Show in the USA, which attracts some 130,000 industry visitors from more than 160 countries around the world, making it the world's automotive event. As successors to previously successful products for Toyota, Subaru and Chrysler, the new systems are applicable to 2022 and later Subaru BRZ and Toyota GR86 vehicles and Generation 2 of its previously successful systems to suit Dodge Challenger, Charger and Chrysler 300 vehicles produced from 2012 to 2022. Complimenting existing Generation 2 systems to suit 2012 to 2022 Jeep Wrangler and Gladiator vehicles launched in 2021 and 2022, Sprintex has added Dodge Challenger, Charger and Jeep 300 vehicles to its advanced Generation 2 range for 3.6 Pentastar powered vehicles. Introduction of the Generation 2 GR86 has re-ignited interest in this nimble sports car range, which is now produced in higher volumes that ever before, selling in most major markets around the world in both left and right-side drive versions. During the event, the company received new orders from both newly appointed and existing distributors to the value of USD 80,000, (approx. AUD123,000) and registered interest from over 100 automotive companies that attended the SEMA Expo. Sprintex as a company, continues to expand into the clean energy and industrial sectors with new ultra-high-speed e-compressors, but is also consolidating its position in the conventional ICE automotive industry, ensuring longer term profitability and relevance in multiple markets. Duyuru • Nov 01
Sprintex Limited, Annual General Meeting, Nov 30, 2023 Sprintex Limited, Annual General Meeting, Nov 30, 2023, at 14:00 W. Australia Standard Time. Location: Suite 6, Level 1, 251 Adelaide Terrace Perth Western Australia Australia Agenda: To consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Director’s report, the Remuneration Report and the auditor’s report; to consider re-election of Directors; and to consider other matters. Board Change • Oct 11
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Steve Apedaile was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Sep 14
Sprintex Limited has completed a Follow-on Equity Offering in the amount of AUD 1.164 million. Sprintex Limited has completed a Follow-on Equity Offering in the amount of AUD 1.164 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,100,000
Price\Range: AUD 0.04
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,222,222
Price\Range: AUD 0.045
Security Features: Attached Options Duyuru • Jul 12
Sprintex Limited Announces Closure of Perth Research and Development Facility Sprintex Limited announced that as part of the development of the Company's business, the Company has closed its Perth based research and development facility. New Risk • Jul 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.5m free cash flow). Shares are highly illiquid. Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m (AU$1.3m revenue, or US$853k). Market cap is less than US$10m (AU$12.0m market cap, or US$8.03m). Minor Risk Shareholders have been diluted in the past year (6.1% increase in shares outstanding). Board Change • Jul 04
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Li Chen is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 04
First half 2023 earnings released First half 2023 results: Revenue: AU$1.07m (up 282% from 1H 2022). Net loss: AU$1.31m (loss narrowed 42% from 1H 2022). Board Change • Feb 23
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Li Chen is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 19
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Li Chen is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 21
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Li Chen is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 
