Board Change • 18h
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. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • May 19
Activeport Appoints Michael Glynn as Chief Operating & Commercial Officer Activeport Group Ltd. announced the appointment of Michael Glynn as Chief Operating and Commercial Officer. Michael is a telecommunications executive with deep experience during the startup years of interTouch, Pacific Internet/PacNet, PIPE Networks, Megaport, Superloop and PCCW Global's NaaS Platform Console Connect, businesses that achieved multi-billion-dollar market capitalisations and generated hundreds of millions of dollars in annual revenue. Michael has spent over 25 years helping create, scale and commercialise next-generation network platforms. Most recently, Michael spent seven years with PCCW Global building the Console Connect Platform into the industry's leading, multi award winning, software-defined Network-as-a-Service platform. He led the global go-to-market strategy and was the development business owner, launching Data Centre Interconnect, Connect to Cloud, Multi-Cloud, CloudRouter, Internet on Demand, and the Console Marketplace, expanding the platform across 60+ countries and enabling over 1,200 datacenters. Michael has developed a global reputation as an innovator with exceptional insight, commercial execution capability with deep expertise in carrier, enterprise and wholesale connectivity. At Activeport, Michael will drive company strategy, product direction, partnerships and market expansion, accelerating the company's growth across network automation, cloud connectivity, GPU orchestration, AI infrastructure and global carrier partnerships. 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. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. 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 • Dec 31
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. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Sep 23
ActivePort Group Ltd has completed a Follow-on Equity Offering in the amount of AUD 6.68 million. ActivePort Group Ltd has completed a Follow-on Equity Offering in the amount of AUD 6.68 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 66,220,533
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 117,415,833
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 18,787,879
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 29
Full year 2025 earnings released: AU$0.03 loss per share (vs AU$0.03 loss in FY 2024) Full year 2025 results: AU$0.03 loss per share (in line with FY 2024). Revenue: AU$9.61m (down 36% from FY 2024). Net loss: AU$15.7m (loss widened 66% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Board Change • Aug 18
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. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Aug 14
ActivePort Group Ltd, Annual General Meeting, Nov 26, 2025 ActivePort Group Ltd, Annual General Meeting, Nov 26, 2025. Duyuru • Aug 04
ActivePort Group Ltd has filed a Follow-on Equity Offering in the amount of AUD 2.498099 million. ActivePort Group Ltd has filed a Follow-on Equity Offering in the amount of AUD 2.498099 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 249,809,850
Price\Range: AUD 0.01
Discount Per Security: AUD 0.00065
Security Features: Attached Options
Transaction Features: Rights Offering Duyuru • Jan 21
ActivePort Group Ltd has completed a Follow-on Equity Offering in the amount of AUD 2 million. ActivePort Group Ltd has completed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 123,152,709
Price\Range: AUD 0.01624
Discount Per Security: AUD 0.000974
Transaction Features: Subsequent Direct Listing New Risk • Nov 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 53% 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 Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Market cap is less than US$10m (AU$9.19m market cap, or US$5.95m). Reported Earnings • Sep 02
Full year 2024 earnings released: AU$0.03 loss per share (vs AU$0.012 loss in FY 2023) Full year 2024 results: AU$0.03 loss per share (further deteriorated from AU$0.012 loss in FY 2023). Revenue: AU$15.0m (down 23% from FY 2023). Net loss: AU$9.45m (loss widened 178% from FY 2023). Duyuru • Aug 23
ActivePort Group Ltd, Annual General Meeting, Nov 27, 2024 ActivePort Group Ltd, Annual General Meeting, Nov 27, 2024. New Risk • Jul 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.6m (US$9.86m) 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 Shares are highly illiquid. Market cap is less than US$10m (AU$14.6m market cap, or US$9.86m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Board Change • Apr 29
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. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 26
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. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 11
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. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 22
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. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 29
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. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Nov 23
ActivePort Group Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.5 million. ActivePort Group Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,500,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,500,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Transaction Features: Subsequent Direct Listing Reported Earnings • Oct 05
Full year 2023 earnings released: AU$0.012 loss per share (vs AU$0.03 loss in FY 2022) Full year 2023 results: AU$0.012 loss per share (improved from AU$0.03 loss in FY 2022). Revenue: AU$19.4m (up 82% from FY 2022). Net loss: AU$3.41m (loss narrowed 49% from FY 2022). Duyuru • Sep 14
ActivePort Group Ltd, Annual General Meeting, Nov 21, 2023 ActivePort Group Ltd, Annual General Meeting, Nov 21, 2023, at 14:30 W. Australia Standard Time. Location: Level 28, 140 St Georges Terrace Perth WA 6000 Australia Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.03 loss in FY 2022) Full year 2023 results: AU$0.001 loss per share (improved from AU$0.03 loss in FY 2022). Revenue: AU$19.9m (up 87% from FY 2022). Net loss: AU$2.90m (loss narrowed 57% from FY 2022). New Risk • Aug 31
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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.3m free cash flow). Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (AU$31.5m market cap, or US$20.4m). Board Change • Jul 07
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. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 26
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. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • May 13
ActivePort Group Ltd Appoints Mark Middleton as Executive Director Effective from 12 May 2023 ActivePort Group Ltd. announced the appointment of Mark Middleton as an Executive Director of the Company effective from 12 May 2023. ActivePort is an Australian based software company that specialises in Orchestration software. Mark Middleton, the founder and ActivePort's CTO, has been instrumental in driving forward the company's development and distribution of cutting-edge network management solutions, helping organizations optimise their network performance and business agility. With over 25 years of experience in the technology industry, Mark is a seasoned executive who has held various leadership roles in local and global businesses. Mark has also founded many successful companies including Acurix Networks and aCure Technology (later sold to Amcom Telecommunications). Mark's expertise in business technology strategy, product development, and customer engagement has established ActivePort as a leading provider in the IT and telecommunications market, both in Australia and abroad. Educated from Monash University in Melbourne, Australia Marks technology leadership and creative vision, has led to ActivePort receiving accolades for its innovative technology solutions, including being named a finalist for the 2020 CRN Impact Awards and 2022 ARN Innovation Awards. Board Change • Mar 27
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. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 05
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. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. 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 is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 28
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. 3 non-independent directors. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 22
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Chairman Peter Christie is the most experienced director on the board, commencing their role in 2019. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Aug 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Chairman Peter Christie is the most experienced director on the board, commencing their role in 2019. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Aug 05
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Chairman Peter Christie is the most experienced director on the board, commencing their role in 2019. Independent Non Executive Director Chris Daly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.