New Risk • Dec 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% 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 Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$6.0m revenue, or US$4.0m). Market cap is less than US$100m (AU$23.8m market cap, or US$15.7m). Duyuru • Oct 29
Locate Technologies Limited, Annual General Meeting, Nov 28, 2025 Locate Technologies Limited, Annual General Meeting, Nov 28, 2025. Duyuru • Oct 21
Locate Technologies Limited to Report Q1, 2026 Results on Oct 29, 2025 Locate Technologies Limited announced that they will report Q1, 2026 results Pre-Market on Oct 29, 2025 New Risk • Sep 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.7m (US$9.59m) 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 Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 14% per year over the past 5 years. Market cap is less than US$10m (AU$14.7m market cap, or US$9.59m). Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Significant insider selling over the past 3 months (AU$1.2m sold). Revenue is less than US$5m (AU$6.0m revenue, or US$3.9m). Reported Earnings • Aug 27
Full year 2025 earnings released: AU$0.009 loss per share (vs AU$0.016 loss in FY 2024) Full year 2025 results: AU$0.009 loss per share (improved from AU$0.016 loss in FY 2024). Revenue: AU$5.99m (up 4.7% from FY 2024). Net loss: AU$1.82m (loss narrowed 41% from FY 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Duyuru • Jul 08
Locate Technologies Limited to Report Q4, 2025 Results on Jul 30, 2025 Locate Technologies Limited announced that they will report Q4, 2025 results Pre-Market on Jul 30, 2025 New Risk • Jun 19
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: AU$1.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (30% average weekly change). Negative equity (-AU$291k). Earnings have declined by 23% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Significant insider selling over the past 3 months (AU$1.2m sold). Revenue is less than US$5m (AU$6.1m revenue, or US$4.0m). Market cap is less than US$100m (AU$29.7m market cap, or US$19.3m). New Risk • Jun 04
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 Share price has been highly volatile over the past 3 months (25% average weekly change). Negative equity (-AU$291k). Earnings have declined by 23% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Revenue is less than US$5m (AU$6.1m revenue, or US$3.9m). Market cap is less than US$100m (AU$19.9m market cap, or US$12.9m). New Risk • May 30
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 25% 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 Share price has been highly volatile over the past 3 months (25% average weekly change). Negative equity (-AU$291k). Earnings have declined by 23% per year over the past 5 years. Minor Risks Revenue is less than US$5m (AU$6.1m revenue, or US$3.9m). Market cap is less than US$100m (AU$23.5m market cap, or US$15.1m). Duyuru • May 30
Locate Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 1.45 million. Locate Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 1.45 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,714,286
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0028
Transaction Features: Subsequent Direct Listing Duyuru • May 29
Locate Technologies Limited has filed a Follow-on Equity Offering in the amount of AUD 1.45 million. Locate Technologies Limited has filed a Follow-on Equity Offering in the amount of AUD 1.45 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,714,286
Price\Range: AUD 0.07
Transaction Features: Subsequent Direct Listing Duyuru • May 01
Zoom2u Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million. Zoom2u Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,142,856
Price\Range: AUD 0.07
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: AUD 0.07
Transaction Features: Subsequent Direct Listing Duyuru • Apr 15
Zoom2u Technologies Limited to Report Q3, 2025 Results on Apr 30, 2025 Zoom2u Technologies Limited announced that they will report Q3, 2025 results Pre-Market on Apr 30, 2025 Board Change • Apr 01
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. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Kara-Lyn Nicholls was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 12
Zoom2u Technologies Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million. Zoom2u Technologies Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,142,856
Price\Range: AUD 0.07
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: AUD 0.07
Transaction Features: Subsequent Direct Listing New Risk • Feb 28
New major risk - Negative shareholders equity The company has negative equity. Total equity: -AU$291k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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$1.2m free cash flow). Negative equity (-AU$291k). Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (AU$13.4m market cap, or US$8.31m). Minor Risk Revenue is less than US$5m (AU$6.1m revenue, or US$3.8m). Duyuru • Oct 30
Zoom2u Technologies Limited, Annual General Meeting, Nov 29, 2024 Zoom2u Technologies Limited, Annual General Meeting, Nov 29, 2024. Duyuru • Oct 11
Zoom2u Technologies Limited to Report Q1, 2025 Results on Oct 30, 2024 Zoom2u Technologies Limited announced that they will report Q1, 2025 results Pre-Market on Oct 30, 2024 New Risk • Sep 21
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$1.8m free cash flow). Earnings have declined by 25% per year over the past 5 years. Market cap is less than US$10m (AU$14.5m market cap, or US$9.89m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (AU$5.8m revenue, or US$3.9m). Reported Earnings • Aug 24
Full year 2024 earnings released: EPS: AU$0 (vs AU$0.03 loss in FY 2023) Full year 2024 results: EPS: AU$0 (improved from AU$0.03 loss in FY 2023). Revenue: AU$5.86m (up 25% from FY 2023). Net loss: AU$3.06m (loss narrowed 45% from FY 2023). New Risk • Jun 03
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$2.8m free cash flow). Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (AU$14.5m market cap, or US$9.66m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (AU$5.5m revenue, or US$3.6m). Duyuru • Apr 09
Zoom2u Technologies Limited to Report Q3, 2024 Results on Apr 29, 2024 Zoom2u Technologies Limited announced that they will report Q3, 2024 results on Apr 29, 2024 Duyuru • Jan 09
Zoom2u Technologies Limited to Report Q2, 2024 Results on Jan 30, 2024 Zoom2u Technologies Limited announced that they will report Q2, 2024 results Pre-Market on Jan 30, 2024 Duyuru • Oct 27
Zoom2u Technologies Limited, Annual General Meeting, Nov 28, 2023 Zoom2u Technologies Limited, Annual General Meeting, Nov 28, 2023, at 10:00 AUS Eastern Standard Time. Agenda: To receive and consider the Financial Report, the Directors' Report and the Auditor's Report for the year ended 30 June 2023; and to consider other issues. Duyuru • Oct 10
Zoom2u Technologies Limited to Report Q1, 2024 Results on Oct 25, 2023 Zoom2u Technologies Limited announced that they will report Q1, 2024 results Pre-Market on Oct 25, 2023 New Risk • Oct 03
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 12% 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$6.1m free cash flow). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (AU$11.2m market cap, or US$7.15m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Revenue is less than US$5m (AU$4.7m revenue, or US$3.0m). Board Change • Aug 31
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Founder, CEO, MD & Director Steve Orenstein is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 24
Full year 2023 earnings released: AU$0.03 loss per share (vs AU$0.03 loss in FY 2022) Full year 2023 results: AU$0.03 loss per share (in line with FY 2022). Revenue: AU$4.73m (up 2.1% from FY 2022). Net loss: AU$5.56m (loss widened 13% from FY 2022). Duyuru • Jul 04
Zoom2u Technologies Limited to Report Q4, 2023 Results on Jul 26, 2023 Zoom2u Technologies Limited announced that they will report Q4, 2023 results Pre-Market on Jul 26, 2023 Duyuru • May 17
Zoom2u Technologies Limited Announces Company Secretary Changes Zoom2u Technologies Limited announced that Gai Stephens has been appointed as Company Secretary, effective immediately. Ms Stephens has extensive experience as Company Secretary with roles previously in a range of entities from multinationals, large and small Australian public listed companies to disruptive technology startups. In these roles her breath of experience includes mergers and acquisitions, corporate restructures, equity and debt fund raising, corporate governance, risk management and remuneration planning. The Company announced the resignation of Mr. Hasaka Martin as the Company Secretary of the Company effective 15 May 2023. Reported Earnings • Feb 22
First half 2023 earnings released: AU$0.018 loss per share (vs AU$0.012 loss in 1H 2022) First half 2023 results: AU$0.018 loss per share (further deteriorated from AU$0.012 loss in 1H 2022). Revenue: AU$2.13m (down 21% from 1H 2022). Net loss: AU$3.22m (loss widened 82% from 1H 2022). Duyuru • Jan 27
Zoom2u Technologies Limited to Report Q2, 2023 Results on Jan 31, 2023 Zoom2u Technologies Limited announced that they will report Q2, 2023 results at 10:00 AM, AUS Eastern Standard Time on Jan 31, 2023 Duyuru • Dec 13
Zoom2u Technologies Limited Announces Company Secretary Changes Zoom2u Technologies Limited advise that Mr. Geoffrey Stirton has resigned as Company Secretary, effective 12 December 2022. Mr. Hasaka Martin remains as Company Secretary. Duyuru • Oct 31
Zoom2u Technologies Limited, Annual General Meeting, Nov 30, 2022 Zoom2u Technologies Limited, Annual General Meeting, Nov 30, 2022, at 10:00 AUS Eastern Standard Time. Agenda: To receive and consider the Financial Report, the Directors' Report and the Auditor's Report for the year ended 30 June 2022; to consider Remuneration Report; to consider Election of Director Ms Kara-Lyn Nicholls; to consider Adoption of New Employee Option Plan; to consider issue of shares to directors; to consider Issue of Shares to Director - Mr Drew Kelton; to consider Issue of Shares to Director - Mr Steve Orenstein; and to consider other matters. Reported Earnings • Aug 27
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: AU$0.03 loss per share (down from AU$0.009 loss in FY 2021). Revenue: AU$4.63m (up 59% from FY 2021). Net loss: AU$4.90m (loss widened 354% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 60%, compared to a 37% growth forecast for the Software industry in Australia. Major Estimate Revision • Aug 26
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 expected loss increased from -AU$0.01 to -AU$0.02 per share. Revenue forecast unchanged at AU$7.40m. Software industry in Australia expected to see average net income growth of 15% next year. Consensus price target of AU$0.40 unchanged from last update. Share price rose 7.1% to AU$0.15 over the past week. Duyuru • Jul 06
Zoom2u Technologies Limited to Report Q4, 2022 Results on Jul 27, 2022 Zoom2u Technologies Limited announced that they will report Q4, 2022 results at 10:00 AM, AUS Eastern Standard Time on Jul 27, 2022 Breakeven Date Change • Jun 30
Forecast to breakeven in 2025 The analyst covering Zoom2u Technologies expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$1.06m in 2025. Average annual earnings growth of 57% is required to achieve expected profit on schedule. Major Estimate Revision • Jun 09
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from AU$4.88m to AU$5.00m. Forecast EPS reduced from -AU$0.02 to -AU$2.40 per share. Software industry in Australia expected to see average net income growth of 16% next year. Consensus price target broadly unchanged at AU$0.45. Share price fell 7.0% to AU$0.20 over the past week. Duyuru • Apr 22
Zoom2u Technologies Limited to Report Q3, 2022 Results on Apr 28, 2022 Zoom2u Technologies Limited announced that they will report Q3, 2022 results Pre-Market on Apr 28, 2022 Duyuru • Feb 18
Zoom2u Technologies Limited to Report First Half, 2022 Results on Feb 23, 2022 Zoom2u Technologies Limited announced that they will report first half, 2022 results on Feb 23, 2022 Recent Insider Transactions • Dec 27
Founder recently bought AU$148k worth of stock On the 24th of December, Steve Orenstein bought around 404k shares on-market at roughly AU$0.37 per share. This was the largest purchase by an insider in the last 3 months. This was Steve's only on-market trade for the last 12 months. Duyuru • Dec 09
Zoom2u Technologies Limited (ASX:Z2U) acquired Local Delivery Shopify App from Enum Pty Ltd for AUD 0.88 million. Zoom2u Technologies Limited (ASX:Z2U) acquired Local Delivery Shopify App from Enum Pty Ltd for AUD 0.88 million on December 9, 2021.
Zoom2u Technologies Limited (ASX:Z2U) completed the acquisition of Local Delivery Shopify App from Enum Pty Ltd on December 9, 2021. 