Board Change • May 20
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Adrian Griffin was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Oct 24
Reedy Lagoon Corporation Limited, Annual General Meeting, Nov 27, 2025 Reedy Lagoon Corporation Limited, Annual General Meeting, Nov 27, 2025. Location: at the offices of moore australia, level 44, 600 bourke street, melbourne Australia Board Change • Aug 18
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Adrian Griffin was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Oct 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% 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 Shares are highly illiquid. Negative equity (-AU$479k). Earnings have declined by 7.4% per year over the past 5 years. Revenue is less than US$1m (AU$1.9k revenue, or US$1.2k). Market cap is less than US$10m (AU$1.52m market cap, or US$1.01m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding). Duyuru • Oct 25
Reedy Lagoon Corporation Limited, Annual General Meeting, Nov 28, 2024 Reedy Lagoon Corporation Limited, Annual General Meeting, Nov 28, 2024. Location: offices of moore australia, level 44, 600 bourke street, melbourne Australia New Risk • Oct 02
New major risk - Revenue and earnings growth Earnings have declined by 7.4% 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. Negative equity (-AU$479k). Earnings have declined by 7.4% per year over the past 5 years. Revenue is less than US$1m (AU$1.9k revenue, or US$1.3k). Market cap is less than US$10m (AU$1.86m market cap, or US$1.28m). Duyuru • Sep 17
Reedy Lagoon Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 1.239081 million. Reedy Lagoon Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 1.239081 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 619,540,732
Price\Range: AUD 0.002
Transaction Features: Rights Offering New Risk • Mar 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$782k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$782k free cash flow). Shares are highly illiquid. Negative equity (-AU$182k). Revenue is less than US$1m (AU$2.5k revenue, or US$1.6k). Market cap is less than US$10m (AU$2.48m market cap, or US$1.61m). Minor Risk Shareholders have been diluted in the past year (9.3% increase in shares outstanding). 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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Adrian Griffin was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 27
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Adrian Griffin was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Dec 20
Reedy Lagoon Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 0.02 million. Reedy Lagoon Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 0.02 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,857,143
Price\Range: AUD 0.007
Transaction Features: Subsequent Direct Listing Duyuru • Oct 20
Reedy Lagoon Corporation Limited, Annual General Meeting, Nov 22, 2023 Reedy Lagoon Corporation Limited, Annual General Meeting, Nov 22, 2023, at 10:00 AUS Eastern Standard Time. Location: offices of Moore Australia, Level 44, 600 Bourke Street Melbourne Victoria Australia Agenda: To receive and consider the Directors' Report and Financial Accounts for the year ended 30th June 2023 together with the Auditor's report thereon; to consider Adoption of the Remuneration Report for the year ended 30 June 2023 and Re-election of Adrian Griffin as a director; to consider Issue of options to directors, Issue of shares to directors at market. Reported Earnings • Sep 30
Full year 2023 earnings released Full year 2023 results: Net loss: AU$772.6k (loss narrowed 44% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. New Risk • Aug 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% 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$961k free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Revenue is less than US$1m (AU$778 revenue, or US$503). Market cap is less than US$10m (AU$3.70m market cap, or US$2.39m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Reported Earnings • Mar 17
First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2022) First half 2023 results: AU$0.001 loss per share (improved from AU$0.002 loss in 1H 2022). Net loss: AU$476.8k (loss narrowed 53% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Board Change • Nov 16
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. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Adrian Griffin was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 04
Full year 2022 earnings released: AU$0.003 loss per share (vs AU$0.001 loss in FY 2021) Full year 2022 results: AU$0.003 loss per share (further deteriorated from AU$0.001 loss in FY 2021). Net loss: AU$1.39m (loss widened 137% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings. Board Change • Apr 28
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. 1 experienced director. 2 highly experienced directors. Independent Non-Executive Director Adrian Griffin was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 10
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.002 loss per share (down from AU$0.001 loss in 1H 2021). Net loss: AU$1.02m (loss widened 307% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 19
First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2020) First half 2021 results: Net loss: AU$251.5k (loss narrowed 16% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. 
