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. 2 non-independent directors. Independent Non-Executive Director Craig Lennon was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • May 12
Evion Group NL has filed a Follow-on Equity Offering in the amount of AUD 6.635 million. Evion Group NL has filed a Follow-on Equity Offering in the amount of AUD 6.635 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 143,003,228
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 74,830,105
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,333,333
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Duyuru • Dec 18
Evion Group NL has completed a Follow-on Equity Offering in the amount of AUD 0.024094 million. Evion Group NL has completed a Follow-on Equity Offering in the amount of AUD 0.024094 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,147,328
Price\Range: AUD 0.021
Transaction Features: Subsequent Direct Listing Duyuru • Dec 17
Evion Group NL has filed a Follow-on Equity Offering in the amount of AUD 0.024094 million. Evion Group NL has filed a Follow-on Equity Offering in the amount of AUD 0.024094 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,147,328
Price\Range: AUD 0.021
Transaction Features: Subsequent Direct Listing Duyuru • Nov 04
Evion Group NL has filed a Follow-on Equity Offering in the amount of AUD 0.576059 million. Evion Group NL has filed a Follow-on Equity Offering in the amount of AUD 0.576059 million.
Security Name: ordinary Shares
Security Type: Common Stock
Securities Offered: 27,431,390
Price\Range: AUD 0.021
Transaction Features: Subsequent Direct Listing New Risk • Feb 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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 Earnings have declined by 5.3% per year over the past 5 years. Revenue is less than US$1m (AU$108k revenue, or US$68k). Market cap is less than US$10m (AU$10.7m market cap, or US$6.68m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Duyuru • Dec 10
Evion Group NL has filed a Follow-on Equity Offering in the amount of AUD 2.693725 million. Evion Group NL has filed a Follow-on Equity Offering in the amount of AUD 2.693725 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 117,118,458
Price\Range: AUD 0.023
Transaction Features: Reserved Share Offering; Rights Offering Duyuru • Oct 04
Evion Group NL, Annual General Meeting, Nov 22, 2024 Evion Group NL, Annual General Meeting, Nov 22, 2024. New Risk • Apr 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. 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$2.4m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 3.8% per year over the past 5 years. Revenue is less than US$1m (AU$91k revenue, or US$60k). Market cap is less than US$10m (AU$9.46m market cap, or US$6.23m). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding). Duyuru • Oct 20
Evion Group NL, Annual General Meeting, Nov 23, 2023 Evion Group NL, Annual General Meeting, Nov 23, 2023, at 10:00 W. Australia Standard Time. Location: 3/1138 Hay Street West Perth Western Australia Australia Agenda: To receive and 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 the adoption of remuneration report; to consider the re-election of director; to consider the approval of 7.1A mandate; and to consider the issue of performance rights. New Risk • Aug 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. 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$7.1m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m (AU$71k revenue, or US$47k). Market cap is less than US$10m (AU$12.3m market cap, or US$8.10m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). Board Change • Dec 12
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 Heather Zampatti was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
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 Heather Zampatti was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
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. Director Heather Zampatti was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Feb 11
New 90-day high: AU$0.23 The company is up 379% from its price of AU$0.047 on 13 November 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 20% over the same period. 