New Risk • Aug 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 14% 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$140k free cash flow). Market cap is less than US$10m (AU$8.23m market cap, or US$5.76m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Duyuru • Apr 23
Pentanet Limited to Report Fiscal Year 2026 Results on Aug 31, 2026 Pentanet Limited announced that they will report fiscal year 2026 results on Aug 31, 2026 Reported Earnings • Mar 03
First half 2026 earnings released: AU$0.004 loss per share (vs AU$0.007 loss in 1H 2025) First half 2026 results: AU$0.004 loss per share (improved from AU$0.007 loss in 1H 2025). Revenue: AU$12.1m (up 7.9% from 1H 2025). Net loss: AU$1.59m (loss narrowed 49% from 1H 2025). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. New Risk • Mar 02
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$140k free cash flow). Market cap is less than US$10m (AU$11.3m market cap, or US$7.98m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Duyuru • Oct 03
Pentanet Limited, Annual General Meeting, Nov 13, 2025 Pentanet Limited, Annual General Meeting, Nov 13, 2025. Location: pentanet, 25/257, balcatta road, balcatta wa 6021, Australia Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.01 loss per share (vs AU$0.016 loss in FY 2024) Full year 2025 results: AU$0.01 loss per share (improved from AU$0.016 loss in FY 2024). Revenue: AU$23.0m (up 7.3% from FY 2024). Net loss: AU$4.45m (loss narrowed 30% from FY 2024). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings. New Risk • Jun 23
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$6.7m free cash flow). Market cap is less than US$10m (AU$9.96m market cap, or US$6.36m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Jan 22
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 21% 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$7.7m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (AU$21.7m market cap, or US$13.6m). Recent Insider Transactions • Nov 28
Non-Executive Director recently bought AU$85k worth of stock On the 22nd of November, Dominic O'Hanlon bought around 3m shares on-market at roughly AU$0.033 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Duyuru • Sep 30
Pentanet Limited Announces Resignation of Arron Canicais as Joint Company Secretary Pentanet Limited announced that Mr. Arron Canicais has resigned as Joint Company Secretary, effective 30 September 2024. Mr. Patrick Holywell continues in the role of Company Secretary and, for the purposes of ASX Listing Rule 12.6, remains the primary person responsible for communication between the Company and the ASX. New Risk • Sep 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.7m (US$9.89m) 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 Risk Market cap is less than US$10m (AU$14.7m market cap, or US$9.89m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Duyuru • Apr 02
Pentanet Limited has completed a Follow-on Equity Offering in the amount of AUD 4.28 million. Pentanet Limited has completed a Follow-on Equity Offering in the amount of AUD 4.28 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 59,444,445
Price\Range: AUD 0.072
Discount Per Security: AUD 0.00432
Transaction Features: Subsequent Direct Listing Duyuru • Mar 23
Pentanet Limited has filed a Follow-on Equity Offering in the amount of AUD 4.28 million. Pentanet Limited has filed a Follow-on Equity Offering in the amount of AUD 4.28 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 59,444,445
Price\Range: AUD 0.072
Discount Per Security: AUD 0.00432
Transaction Features: Subsequent Direct Listing Major Estimate Revision • Mar 19
Consensus estimates of losses per share improve by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from AU$22.1m to AU$22.7m. EPS estimate increased from -AU$0.015 per share to -AU$0.013 per share. Telecom industry in Australia expected to see average net income growth of 19% next year. Consensus price target of AU$0.20 unchanged from last update. Share price rose 67% to AU$0.082 over the past week. Major Estimate Revision • Mar 06
Consensus EPS estimates fall by 22% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from AU$24.5m to AU$22.1m. Losses expected to increase from AU$0.012 per share to AU$0.015. Telecom industry in Australia expected to see average net income growth of 33% next year. Consensus price target down from AU$0.17 to AU$0.16. Share price fell 5.3% to AU$0.054 over the past week. New Risk • Feb 29
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: AU$5.5m Forecast net loss in 1 year: AU$4.2m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$7.4m). Currently unprofitable and not forecast to become profitable next year (AU$4.2m net loss next year). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (AU$20.6m market cap, or US$13.4m). Price Target Changed • Jan 30
Price target decreased by 10% to AU$0.17 Down from AU$0.19, the current price target is an average from 3 analysts. New target price is 233% above last closing price of AU$0.052. Stock is down 69% over the past year. The company is forecast to post a net loss per share of AU$0.012 next year compared to a net loss per share of AU$0.024 last year. Duyuru • Oct 26
Pentanet Limited to Report Q1, 2024 Results on Oct 30, 2023 Pentanet Limited announced that they will report Q1, 2024 results on Oct 30, 2023 Duyuru • Oct 10
Pentanet Limited Announces Appointment of Dominic O'Hanlon as A Non-Executive Director, Effective 6 October 2023 Pentanet Limited announced the appointment of Mr. Dominic O'Hanlon as a non-executive director, effective 6 October 2023. Mr. O'Hanlon is a well-known and successful technology entrepreneur, business executive, professional director, and investor with extensive experience and knowledge of the Information Technology industry built up over a career spanning over 30 years. He brings extensive domestic and global experience across the start-up and technology sectors to his role as a non-executive director. Mr. O'Hanlon is currently the non-executive chairperson of BikeExchange Limited. He was managing director and CEO of rhipe Limited for over seven years. During Mr. O'Hanlon's time Prior to RHP, Mr. O'Hanlon had multiple technology build and scale experiences including as CEO of Haley Limited and as Chief Strategy Officer of MYOB. Dominic is a Fellow of the Australasian Institute of Company Directors. Board Change • Oct 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. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman David Buckingham was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Sep 15
Pentanet Limited, Annual General Meeting, Nov 15, 2023 Pentanet Limited, Annual General Meeting, Nov 15, 2023. Agenda: To discuss the re-election of directors. Duyuru • Sep 13
Pentanet Limited Appoints Arron Canicais as Joint Company Secretary Pentanet Limited advised the appointment of Mr. Arron Canicais as Joint Company Secretary, effective 13 September 2023. Mr. Canicais is an experienced finance professional who holds Company Secretary and Chief Financial Officer positions with public and private companies across several sectors. He is an associate of the Governance Institute of Australia and Chartered Accountants Australia and New Zealand. Mr. Holywell continues as Joint Company Secretary. Major Estimate Revision • Sep 05
Consensus EPS estimates upgraded to AU$0.011 loss, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from AU$26.3m to AU$25.1m. 2024 losses expected to reduce from -AU$0.017 to -AU$0.011 per share. Telecom industry in Australia expected to see average net income growth of 20% next year. Consensus price target down from AU$0.22 to AU$0.19. Share price fell 7.1% to AU$0.079 over the past week. Breakeven Date Change • Sep 01
Forecast to breakeven in 2026 The 3 analysts covering Pentanet expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 37% per year to 2025. The company is expected to make a profit of AU$3.30m in 2026. Average annual earnings growth of 76% is required to achieve expected profit on schedule. Price Target Changed • Aug 31
Price target decreased by 10% to AU$0.19 Down from AU$0.22, the current price target is an average from 3 analysts. New target price is 142% above last closing price of AU$0.08. Stock is down 76% over the past year. The company is forecast to post a net loss per share of AU$0.033 next year compared to a net loss per share of AU$0.027 last year. Duyuru • Aug 29
Pentanet Limited to Report Fiscal Year 2023 Results on Aug 30, 2023 Pentanet Limited announced that they will report fiscal year 2023 results on Aug 30, 2023 New Risk • Aug 13
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 Risk Less than 1 year of cash runway based on free cash flow trend (-AU$15m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$4.8m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (AU$35.5m market cap, or US$23.1m). Duyuru • Jul 18
Pentanet Limited to Report Fiscal Year 2023 Results on Jul 20, 2023 Pentanet Limited announced that they will report fiscal year 2023 results on Jul 20, 2023 Duyuru • Jul 06
Pentanet Limited, Canopus Networks and The University of New South Wales Secure $2 Million Grant to Advance Cloud Gaming in Australia Canopus Networks, in partnership with Pentanet Limited and The University of New South Wales (UNSW Sydney), has successfully obtained federal government funding to develop innovative AI-enhanced network performance solutions to support cloud gaming. The $2 million research grant from the Australian Government's Cooperative Research Centre Project (CRC-P) as part of round 14 of the CRC-P grants will support the project titled "Growing Australia's Cloud Gaming Industry with AI-Assisted Network Boost. Cloud gaming is a transformative technology that leverages powerful cloud servers to render graphics and streams them to users on any supported device via high speed, low latency connectivity. To optimise the delivery of cloud gaming services on Australia's digital infrastructure, Canopus Networks, Pentanet, and UNSW will collaborate closely on the design and implementation of the innovative solution that employs artificial intelligence (AI) to dynamically optimise network performance for a seamless cloud gaming experience. Key areas of focus for the project include the development of tailored AI algorithms for precise gaming experience measurement, user interface integration with dynamic network provisioning, real-time adjustments for bandwidth, and frameworks for validation and accounting. Pentanet currently holds an 11.45% stake in Canopus Networks. The Company will leverage its network infrastructure to provide the project's necessary measurement and enhancements for cloud gaming. Price Target Changed • Apr 22
Price target decreased by 15% to AU$0.26 Down from AU$0.31, the current price target is an average from 3 analysts. New target price is 209% above last closing price of AU$0.085. Stock is down 76% over the past year. The company is forecast to post a net loss per share of AU$0.035 next year compared to a net loss per share of AU$0.027 last year. Major Estimate Revision • Mar 13
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from AU$22.5m to AU$21.0m. Losses expected to increase from AU$0.032 per share to AU$0.036. Telecom industry in Australia expected to see average net income growth of 29% next year. Consensus price target down from AU$0.29 to AU$0.28. Share price fell 15% to AU$0.14 over the past week. Major Estimate Revision • Mar 06
Consensus revenue estimates fall by 15% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from AU$24.8m to AU$21.2m. Forecast losses increased from -AU$0.022 to -AU$0.037 per share. Telecom industry in Australia expected to see average net income growth of 29% next year. Consensus price target down from AU$0.31 to AU$0.29. Share price rose 8.0% to AU$0.14 over the past week. Reported Earnings • Mar 02
First half 2023 earnings released: AU$0.02 loss per share (vs AU$0.011 loss in 1H 2022) First half 2023 results: AU$0.02 loss per share (further deteriorated from AU$0.011 loss in 1H 2022). Revenue: AU$9.96m (up 25% from 1H 2022). Net loss: AU$4.77m (loss widened 44% from 1H 2022). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Telecom industry in Australia. Price Target Changed • Jan 26
Price target decreased by 8.0% to AU$0.34 Down from AU$0.38, the current price target is an average from 4 analysts. New target price is 97% above last closing price of AU$0.17. Stock is down 55% over the past year. The company is forecast to post a net loss per share of AU$0.022 next year compared to a net loss per share of AU$0.027 last year. Duyuru • Nov 17
Pentanet Limited Announces Introduction of Next-Gen RTX3080 Hardware and Higher Tier Plans Pentanet Limited confirmed discussions are nearing completion to further the GeForce NOW Alliance Agreement and exclusivity in Australia under new commercial terms. These will allow the introduction of next-gen RTX3080 hardware and higher tier plans. New Zealand will also be formally recognised as a Pentanet serviceable territory with a pathway to include new additional neighboring territories in the future. The Company will continue investing in the next-generation cloud gaming infrastructure by purchasing the RTX 3080 SuperPODs funded by the 5-year term Westpac Banking Corporation loan facilities. Since the platform launched in Australia in October 2021, the service has signed on over 270,000 members who have streamed more than 180 million minutes of gameplay from the cloud. Set to launch in 2023, the RTX 3080 membership gives users access to a dedicated 3080 GPU in the cloud, which provides a significant performance boost over the existing GeForce NOW subscription tier and further access to more of the cloud gaming market, with the GeForce NOW RTX 3080 enabling games to run up to 4K 60FPS or 1440p at 120FPS on PC and Mac, 4K HDR at 60FPS on NVIDIA SHIELD® TV, and up to 120 FPS on select Android devices. Board Change • Nov 16
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 Chairman David Buckingham was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Nov 01
Price target decreased to AU$0.38 Down from AU$0.41, the current price target is an average from 4 analysts. New target price is 56% above last closing price of AU$0.24. Stock is down 65% over the past year. The company is forecast to post a net loss per share of AU$0.022 next year compared to a net loss per share of AU$0.027 last year. Buying Opportunity • Oct 25
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 35%. The fair value is estimated to be AU$0.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 33% per annum. Earnings is also forecast to grow by 41% per annum over the same time period. Duyuru • Sep 13
Pentanet Limited, Annual General Meeting, Nov 16, 2022 Pentanet Limited, Annual General Meeting, Nov 16, 2022. Agenda: To consider the re-election of directors. Major Estimate Revision • Aug 25
Consensus EPS estimates fall by 19% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from AU$26.3m to AU$25.1m. Losses expected to increase from AU$0.02 per share to AU$0.02. Telecom industry in Australia expected to see average net income growth of 21% next year. Consensus price target down from AU$0.50 to AU$0.41. Share price rose 2.9% to AU$0.35 over the past week. Price Target Changed • Aug 23
Price target decreased to AU$0.41 Down from AU$0.50, the current price target is an average from 4 analysts. New target price is 11% above last closing price of AU$0.36. Stock is down 45% over the past year. The company is forecast to post a net loss per share of AU$0.023 next year compared to a net loss per share of AU$0.027 last year. Reported Earnings • Aug 20
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: AU$0.027 loss per share (up from AU$0.069 loss in FY 2021). Revenue: AU$17.1m (up 57% from FY 2021). Net loss: AU$7.93m (loss narrowed 42% from FY 2021). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 53%, compared to a 9.3% growth forecast for the Telecom industry in Australia. Duyuru • Aug 16
Pentanet Limited to Report Fiscal Year 2022 Results on Aug 19, 2022 Pentanet Limited announced that they will report fiscal year 2022 results on Aug 19, 2022 Price Target Changed • Aug 02
Price target increased to AU$0.50 Up from AU$0.42, the current price target is an average from 3 analysts. New target price is 36% above last closing price of AU$0.36. Stock is down 39% over the past year. The company is forecast to post a net loss per share of AU$0.026 next year compared to a net loss per share of AU$0.069 last year. Duyuru • Jun 24
Pentanet Limited Ordinary Fully Paid to Be Deleted from OTC Equity Pentanet Limited Ordinary Fully Paid (Australia) will be deleted from OTC Equity effective from June 24, 2022, due to Inactive Security. Major Estimate Revision • May 14
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -AU$0.03 to -AU$0.03 per share. Revenue forecast steady at AU$17.9m. Telecom industry in Australia expected to see average net income growth of 50% next year. Consensus price target down from AU$0.57 to AU$0.42. Share price was steady at AU$0.29 over the past week. Board Change • Apr 27
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 Chairman David Buckingham was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Mar 10
Pentanet Limited Appoints Sian Whyte as Non-Executive Director Pentanet Ltd. announced the appointment of Ms. Sian Whyte as a non-executive director, effective 8 March 2022. Her gaming industry knowledge and network, her operating experience of rapidly scaling up a start-up to a full- scale technology-driven profit-making business together with her direct executive leadership involvement in that process brings a unique dynamic that will strengthen the board's skillset." Sian grew up in a family of entrepreneurs and joining a technology start-up was a natural next step in her career. She joined VGW as their first in-house lawyer and is one of their foundational employees. She played a pivotal role in devising and implementing the Company's international structure and establishing its global presence. Board Change • Mar 10
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 Chairman David Buckingham was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 20
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.011 loss per share (up from AU$0.082 loss in 1H 2021). Revenue: AU$7.95m (up 67% from 1H 2021). Net loss: AU$3.31m (loss narrowed 70% from 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 67%, compared to a 10% growth forecast for the industry in Australia. Duyuru • Dec 21
Pentanet Limited (ASX:5GG) entered into a memorandum of understanding to acquire 13.4% stake in Canopus Networks Pty Ltd for AUD 4 million. Pentanet Limited (ASX:5GG) entered into a memorandum of understanding to acquire 13.4% stake in Canopus Networks Pty Ltd for AUD 4 million on December 20, 2021. The transaction will be funded from Pentanet’s existing cash reserves. Pentanet is entitled to appoint one Director to the Canopus Board. As part of the transaction, Pentanet's Managing Director, Stephen Cornish will act as Director of CANOPUS. The transaction is expected to complete on or around December 24, 2021. Executive Departure • Nov 24
Independent Non-Executive Director Craig Amos has left the company On the 23rd of November, Craig Amos' tenure as Independent Non-Executive Director ended after 3.0 years in the role. As of September 2021, Craig still personally held 1.05m shares (AU$704k worth at the time). Craig is the only executive to leave the company over the last 12 months. Duyuru • Sep 24
Pentanet Limited Launches Beta Play for Cloud Gaming Pentanet Limited announced the formal commencement of the Beta Play phase of the GeForce NOW Powered by Pentanet cloud gaming service in Australia. The Beta Play stage will run for about a month and gather further data on performance, system requirements, queue times, and confirm which Australian internet infrastructure and providers will be recommended for GeForce NOW. The national commercial launch remains on track for October 2021, with pricing for GeForce NOW in Australia to be announced in the coming weeks. Reported Earnings • Aug 30
Full year 2021 earnings released: AU$0.069 loss per share (vs AU$0.04 loss in FY 2020) The company reported a decent full year result with improved revenues, although losses increased and control over costs was weaker. Full year 2021 results: Revenue: AU$10.9m (up 119% from FY 2020). Net loss: AU$13.7m (loss widened 168% from FY 2020). Recent Insider Transactions Derivative • Jul 02
Executive Director exercised options to buy AU$905k worth of stock. On the 29th of June, Timothy Cornish exercised options to buy 1m shares at a strike price of around AU$0.13, costing a total of AU$175k. This transaction amounted to 28% of their direct individual holding at the time of the trade. Since December 2020, Timothy's direct individual holding has increased from 4.80m shares to 4.87m. Company insiders have collectively bought AU$331k more than they sold, via options and on-market transactions, in the last 12 months. Duyuru • Jun 30
Pentanet Limited has completed a Follow-on Equity Offering in the amount of AUD 20 million. Pentanet Limited has completed a Follow-on Equity Offering in the amount of AUD 20 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,777,778
Price\Range: AUD 0.72
Discount Per Security: AUD 0.0324
Transaction Features: Subsequent Direct Listing Duyuru • Jun 18
Pentanet Limited announced that it expects to receive AUD 20 million in funding Pentanet Limited (ASX:5GG) announced that it will issue 27,777,778 fully paid ordinary shares at a price of AUD 0.72 per share for gross proceeds of approx. 20,000,000 in a round of funding on June 18, 2021. The transaction will include participation from institutional and sophisticated investors. The shares were issued at a 5.53% discount to the last traded share price. The shares will be issued in accordance with the company’s available 15% placement capacity pursuant to ASX Listing Rule 7.1. The issued shares will rank equally with existing fully paid ordinary shares quoted on the ASX. The transaction is expected to settle on June 25, 2021 and close on June 28, 2021. Duyuru • Jun 10
Pentanet Announces GeForce Now Beta Start Date Pentanet Limited announced the commencement of the innovative Beta Program for GeForce NOW, NVIDIA's premiere cloud-based game streaming service. The Company's CloudGG portal has a scheduled launch of 7pm AWST 9 June 2021, formally commencing the first part of a three-stage rollout leading towards a national launch for the service planned for October 2021. GeForce NOW Powered by Pentanet will provide Australian subscribers with a high-quality cloud gaming service to almost any device. The launch of GeForce NOW Powered by Pentanet will further democratise gaming access in Australia by instantly transforming nearly any laptop, desktop, Mac, SHIELD TV, Android device, smartphone or tablet to have the processing power of a high-end gaming PC, allowing users to instantly play the most demanding games seamlessly across devices. Previously only standalone, expensive, high-end gaming PCs could deliver this experience. Together with NVIDIA, Pentanet are holding the Checkpoint LIVE stream event to the Australian gamers eagerly awaiting the announcement of key dates. At the virtual press conference, the Company will reveal the GeForce NOW user interface, as well as revealing CloudGG for the first time - a complete gamified experience for the Beta testing program. Duyuru • Feb 17
Pentanet Limited to Report First Half, 2021 Results on Feb 18, 2021 Pentanet Limited announced that they will report first half, 2021 results on Feb 18, 2021