Duyuru • Oct 16
AVADA Group Limited, Annual General Meeting, Nov 18, 2025 AVADA Group Limited, Annual General Meeting, Nov 18, 2025. Location: allens, level 26, 480 queen street, brisbane, qld 4000, Australia Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.21 loss per share (vs AU$0.018 profit in FY 2024) Full year 2025 results: AU$0.21 loss per share (down from AU$0.018 profit in FY 2024). Revenue: AU$183.1m (down 11% from FY 2024). Net loss: AU$17.6m (down AU$19.1m from profit in FY 2024). Board Change • Aug 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Neil Scales was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 25
Avada Group Limited Appoints Donald Montgomery as New CEO, Effective from April 7, 2025 AVADA Group Limited confirm that Donald Montgomery will commence as the new Chief Executive Officer on 7 April 2025. Donald brings a wealth of experience in the infrastructure services sector, and his leadership is a key element in driving AVADA into its next phase of growth. Duyuru • Jan 29
AVADA Group Limited Announces Chief Financial Officer Changes AVADA Group Limited announced that the Chief Financial Officer (CFO), Mr. Michael Wilkes, has tendered his resignation from the Company with immediate effect. The recruitment process to appoint a new CFO has commenced under the leadership of the Managing Director, Dan Crowley, and incoming CEO, Mr. Donald Montgomery, who are overseeing the process to select a highly qualified and suitable candidate for these key leadership positions.
AVADA Board Non-Executive Director Ann-Maree Robertson has been appointed as interim CFO, bringing extensive experience in financial reporting, accounting, governance, and internal control systems. Ann-Maree has a strong track record advising ASX-listed companies across a wide range of industries, including resources exploration, construction, service industries, and financial services. Duyuru • Jan 28
AVADA Group Limited Announces Company Secretary Changes AVADA Group Limited announced that Company Secretary, Mr. Michael Wilkes, has tendered his resignation from the Company with immediate effect. The recruitment process to appoint a new Company Secretary has commenced under the leadership of the Managing Director, Dan Crowley, and incoming CEO, Mr. Donald Montgomery, who are overseeing the process to select a highly qualified and suitable candidate for these key leadership positions. Andrew Metcalfe has been appointed as interim Company Secretary and has expertise in board and corporate governance practices. Andrew is a highly experienced professional and has supported over 50 ASX-listed companies, strengthening governance platforms and enhancing compliance functions. Board Change • Oct 03
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Lindsay Barber was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Sep 25
AVADA Group Limited, Annual General Meeting, Nov 20, 2024 AVADA Group Limited, Annual General Meeting, Nov 20, 2024. Recent Insider Transactions • Sep 10
MD, CEO & Director recently bought AU$159k worth of stock On the 4th of September, Daniel Crowley bought around 352k shares on-market at roughly AU$0.45 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Daniel has been a buyer over the last 12 months, purchasing a net total of AU$597k worth in shares. Reported Earnings • Aug 31
Full year 2024 earnings released: EPS: AU$0.02 (vs AU$0.077 loss in FY 2023) Full year 2024 results: EPS: AU$0.02 (up from AU$0.077 loss in FY 2023). Revenue: AU$204.9m (up 16% from FY 2023). Net income: AU$1.51m (up AU$7.14m from FY 2023). Profit margin: 0.7% (up from net loss in FY 2023). Duyuru • Aug 30
AVADA Group Limited to Report Fiscal Year 2024 Results on Aug 30, 2024 AVADA Group Limited announced that they will report fiscal year 2024 results on Aug 30, 2024 Recent Insider Transactions • Jul 02
MD, CEO & Director recently bought AU$105k worth of stock On the 27th of June, Daniel Crowley bought around 191k shares on-market at roughly AU$0.55 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$206k. Daniel has been a buyer over the last 12 months, purchasing a net total of AU$438k worth in shares. Recent Insider Transactions • Jun 13
MD, CEO & Director recently bought AU$115k worth of stock On the 4th of June, Daniel Crowley bought around 191k shares on-market at roughly AU$0.60 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$206k. Daniel has been a buyer over the last 12 months, purchasing a net total of AU$333k worth in shares. Recent Insider Transactions • May 29
MD, CEO & Director recently bought AU$206k worth of stock On the 23rd of May, Daniel Crowley bought around 375k shares on-market at roughly AU$0.55 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Daniel's only on-market trade for the last 12 months. Board Change • Feb 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. MD, CEO & Director Dan Crowley is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Dec 28
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. MD, CEO & Director Dan Crowley is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 28
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. MD, CEO & Director Dan Crowley is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Oct 05
AVADA Group Limited, Annual General Meeting, Nov 22, 2023 AVADA Group Limited, Annual General Meeting, Nov 22, 2023, at 10:01 E. Australia Standard Time. New Risk • Sep 13
New major risk - Revenue and earnings growth Earnings have declined by 49% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Shares are highly illiquid. Earnings have declined by 49% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (AU$50.5m market cap, or US$32.4m). Board Change • Sep 06
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. MD, CEO & Director Dan Crowley is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.077 loss per share (vs AU$0.26 loss in FY 2022) Full year 2023 results: AU$0.077 loss per share (improved from AU$0.26 loss in FY 2022). Revenue: AU$177.0m (up 143% from FY 2022). Net loss: AU$5.63m (loss narrowed 55% from FY 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Commercial Services industry in Australia. New Risk • Aug 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% 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 Risk Shares are highly illiquid. Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$4.7m). Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (AU$53.7m market cap, or US$34.8m). New Risk • Aug 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$4.7m). Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$52.8m market cap, or US$34.2m). Duyuru • Aug 25
AVADA Group Limited has completed a Follow-on Equity Offering in the amount of AUD 7 million. AVADA Group Limited has completed a Follow-on Equity Offering in the amount of AUD 7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,454,667
Price\Range: AUD 0.6
Discount Per Security: AUD 0.036
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,212,000
Price\Range: AUD 0.6
Discount Per Security: AUD 0.036
Transaction Features: Subsequent Direct Listing Duyuru • Jul 25
AVADA Group Limited Appoints Neil Scales as Non-Executive Director AVADA Group Limited announced that Neil Scales will join the Board as a Non-Executive Director, effective 25 July 2023. Neil has more than 40 years' transport industry experience in Australia and the United Kingdom, having recently completed more than 10 years as Director General of the Queensland Department of Transport and Main Roads. Neil led the successful delivery of a number of major transport infrastructure projects including the Toowoomba Bypass and Gold Coast Light Rail. He also led the transport taskforce for the 2018 Commonwealth Games and responses to several natural disasters and the COVID-19 pandemic. Neil is an Adjunct Professor at Queensland University of Technology and was awarded the John Shaw Medal, the highest accolade in the Australian road transport industry. He has contributed to five national transport boards and was recently Australia's first delegate to the World Road Association. Neil is currently deputy Chair of the Australian Road Research Board and holds directorships of the High Speed Rail Authority, the Tourism and Transport Forum, Police Citizens Youth Clubs (PCYC) and the Queensland Transport and Logistics Council. Prior to 2012, Neil worked as one of the UK's most senior public transport executives and was awarded Officer of the Most Excellent Order of the British Empire (OBE) for services to public transport. Board Change • Jun 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Director Courtney Black was the last director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jun 19
AVADA Group Limited Announces Appointment of Courtney Black as Non-Executive Director AVADA Group Limited announced that Courtney Black will join the Board as a Non-Executive Director, effective 19 June 2023. Ms. Black has previously worked as CEO of Virgin Airlines’ Velocity Frequent Flyer and Chief Marketing and Loyalty Officer of Virgin Australia, Managing Director and CEO of Shine Lawyers, and Chief of Strategy and Corporate Services for Queensland Rail. Courtney is a seasoned leader with a successful history in strategic, commercial and operational roles across a number of industries, with specialist expertise in customer experience, strategy, transformation and change management. Courtney is an experienced commercial lawyer and Graduate of the Australian Institute of Company Directors, and has been a director on public, private and not-for-profit boards. Ms. Black’s extensive experience and knowledge has been built over a career spanning 25 years. Duyuru • Jun 15
AVADA Group Limited Announces Robert Cazzolli Will Resign from the Board as Executive Director AVADA Group Limited announced that Robert Cazzolli will resign from the Board as Executive Director, effective June 15, 2023. Mr. Cazzolli has made the decision to step down so he can spend more time with his family. Mr. Cazzolli built the D&D Group over 25 years into a successful traffic management business, which became one of the original businesses to be part of AVADA Group at the time of its ASX listing. Board Change • Jun 02
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Chairman Lance Hockridge was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 19
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Chairman Lance Hockridge was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 02
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Chairman Lance Hockridge was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Chairman Lance Hockridge was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 22
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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.