Aeeris Ltd
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Quick analysis of Aeeris (30 sec.)

1. Valuation of Aeeris (5 min.)

Live pricePrice per share (EOD)

A$0.11

Book Value per Share

A$0.03

2. Growth of Aeeris (5 min.)

Is Aeeris growing?

	Current year	Previous year	Grow	Grow %
How rich?	$1.4m	$942.8k	$639.2k	40.4%

How much money is Aeeris making?

	Current year	Previous year	Grow	Grow %
Making money	-$128.4k	$31k	-$159.4k	?
Net Profit Margin	-12.7%	3.1%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Aeeris (5 min.)

4. Comparing to competitors in the Software-Application industry (5 min.)

Industry Rankings (Software-Application)

Fundamentals of Aeeris

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very inefficient.
The company is very efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

1.1. Profitability of Aeeris Ltd.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Aeeris earns for each $1 of revenue.

Above 10% is considered healthy but always compare Aeeris to the Software-Application industry mean.
A Net Profit Margin of -21.6% means that $-0.22 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Aeeris Ltd:

The MRQ is -21.6%. The company is making a huge loss. -2
The TTM is -12.7%. The company is making a huge loss. -2

Trends

Current period		Compared to		+/-
MRQ	-21.6%	TTM	-12.7%	-8.9%
TTM	-12.7%	YOY	3.1%	-15.8%
TTM	-12.7%	5Y	-5.3%	-7.4%
5Y	-5.3%	10Y	-37.4%	+32.2%

Compared to industry (Software-Application)

Period	Company	Industry (mean)	+/-
MRQ	-21.6%	-8.0%	-13.6%
TTM	-12.7%	-8.5%	-4.2%
YOY	3.1%	-6.2%	+9.3%
5Y	-5.3%	-11.6%	+6.3%
10Y	-37.4%	-11.2%	-26.2%

Measures how much net profit Aeeris earns for each $1 of revenue.

Revenue is the amount of profit Aeeris generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Aeeris earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Aeeris to the Software-Application industry mean.
Can be used to compare companies within the Software-Application industry.

You typically want a high profit margin. This means that for each $1 in sales, Aeeris makes more profit. This shows the investor how efficiently Aeeris is operating in general and compared to other companies in the same industry. Aeeris operates in the Software-Application industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Aeeris. If profit margins remain low (compared to the Software-Application industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Aeeris is -0.22. This means that Aeeris earned $-0.22 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Software-Application industry is -8.0%.
What is the trend?
The trend is important because it shows you how Aeeris is performing over time. The most recent quarter might be important if Aeeris released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aeeris up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Aeeris with other companies in the same industry (Software-Application).
Net profit margin should rise over the years.
Can be influenced when Aeeris sells assets (profit will increase while costs remain the same).
It won’t show what part of Aeeris is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Aeeris

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Aeeris = -255
Total revenue MRQ Aeeris = 1,182
$-255 / $1,182 = -0.22 or -21.6%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Aeeris is using its assets to generate profit.

Above 5% is considered healthy but always compare Aeeris to the Software-Application industry mean.
-8.4% Return on Assets means that Aeeris generated $-0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Aeeris Ltd:

The MRQ is -8.4%. Using its assets, the company is very inefficient in making profit. -2
The TTM is -6.2%. Using its assets, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-8.4%	TTM	-6.2%	-2.2%
TTM	-6.2%	YOY	2.8%	-9.0%
TTM	-6.2%	5Y	-1.4%	-4.8%
5Y	-1.4%	10Y	-5.9%	+4.5%

Compared to industry (Software-Application)

Period	Company	Industry (mean)	+/-
MRQ	-8.4%	-1.9%	-6.5%
TTM	-6.2%	-2.2%	-4.0%
YOY	2.8%	-1.4%	+4.2%
5Y	-1.4%	-2.5%	+1.1%
10Y	-5.9%	-2.6%	-3.3%

Shows how efficient Aeeris is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Aeeris to the Software-Application industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Aeeris is using its resources to generate profit. If the return on assets (-8.4%) from Aeeris are higher than the Software-Application mean (-1.9%) that means Aeeris is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Aeeris is -8.4%. This means the company generated $-0.08 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Software-Application industry is -1.9%.
What is the trend?
The trend is important because it shows you how Aeeris is performing over time. The most recent quarter might be important if Aeeris released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aeeris up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Aeeris

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Aeeris = -255
Total assets MRQ (balance sheet) from Aeeris = 3,028
-255 / 3,028 = -0.08 or -8.4%

ROA is an important ratio as it will tell you how effectively Aeeris is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Aeeris is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Aeeris to the Software-Application industry mean.
-11.9% Return on Equity means Aeeris generated $-0.12 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Aeeris Ltd:

The MRQ is -11.9%. Using its investors money, the company is very inefficient in making profit. -2
The TTM is -8.4%. Using its investors money, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-11.9%	TTM	-8.4%	-3.6%
TTM	-8.4%	YOY	4.5%	-12.9%
TTM	-8.4%	5Y	-2.5%	-5.9%
5Y	-2.5%	10Y	-7.9%	+5.5%

Compared to industry (Software-Application)

Period	Company	Industry (mean)	+/-
MRQ	-11.9%	-2.3%	-9.6%
TTM	-8.4%	-3.6%	-4.8%
YOY	4.5%	-1.6%	+6.1%
5Y	-2.5%	-3.5%	+1.0%
10Y	-7.9%	-4.4%	-3.5%

Shows how efficient Aeeris is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Aeeris to the Software-Application industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Software-Application industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Aeeris is -11.9%. This means Aeeris generated $-0.12 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Software-Application industry is -2.3%.
What is the trend?
The trend is important because it shows you how Aeeris is performing over time. The most recent quarter might be important if Aeeris released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aeeris up to 10 years back (depending if Aeeris existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Aeeris

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Aeeris = -255
Shareholders equity (balance sheet) MRQ Aeeris = 2,136
-255 / 2,136 = -0.12 or -11.9%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Aeeris Ltd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Aeeris is operating .

Measures how much profit Aeeris makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Aeeris to the Software-Application industry mean.
An Operating Margin of 0.0% means the company generated $0.00 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Aeeris Ltd:

The MRQ is 0.0%. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	-2.7%	+2.7%
TTM	-2.7%	YOY	1.2%	-4.0%
TTM	-2.7%	5Y	-10.7%	+8.0%
5Y	-10.7%	10Y	-37.3%	+26.5%

Compared to industry (Software-Application)

Period	Company	Industry (mean)	+/-
MRQ	-	-7.3%	+7.3%
TTM	-2.7%	-4.7%	+2.0%
YOY	1.2%	-4.1%	+5.3%
5Y	-10.7%	-6.2%	-4.5%
10Y	-37.3%	-6.7%	-30.6%

Measures how efficient Aeeris is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Aeeris to the Software-Application industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Aeeris is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Aeeris is 0.0%. This means that Aeeris earned $0.00 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Software-Application industry is -7.3%.
What is the trend?
The trend is important because it shows you how Aeeris is performing over time. The most recent quarter might be important if Aeeris released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aeeris up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Aeeris

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Aeeris = -275
Total revenue MRQ Aeeris = 1,182
$-275 / $1,182 = 0.00 or 0.0%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Aeeris is keeping operating costs low.

Below 1 is considered healthy (always compare to Software-Application industry mean).
An Operation Ratio of 0.22 means that the operating costs are $0.22 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Aeeris Ltd:

The MRQ is 0.217. The company is very efficient in keeping operating costs low. +2
The TTM is 0.139. The company is very efficient in keeping operating costs low. +2

Trends

Current period		Compared to		+/-
MRQ	0.217	TTM	0.139	+0.078
TTM	0.139	YOY	0.089	+0.050
TTM	0.139	5Y	0.848	-0.710
5Y	0.848	10Y	1.318	-0.470

Compared to industry (Software-Application)

Period	Company	Industry (mean)	+/-
MRQ	0.217	1.303	-1.086
TTM	0.139	1.321	-1.182
YOY	0.089	1.282	-1.193
5Y	0.848	1.301	-0.453
10Y	1.318	1.239	+0.079

Measures how efficient Aeeris is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Aeeris to the Software-Application industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Aeeris is 21.7%. This means that Aeeris earned $0.22 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Software-Application industry is 1.30.
What is the trend?
The trend is important because it shows you how Aeeris is performing over time. The most recent quarter might be important if Aeeris released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aeeris up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Aeeris

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(256 +) \ 1,182 = 0.22

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Aeeris Ltd.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Aeeris is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Software-Application industry mean).
A Current Ratio of 3.59 means the company has $3.59 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Aeeris Ltd:

The MRQ is 3.590. The company is very able to pay all its short-term debts. +2
The TTM is 4.357. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	3.590	TTM	4.357	-0.767
TTM	4.357	YOY	3.760	+0.596
TTM	4.357	5Y	3.033	+1.324
5Y	3.033	10Y	3.224	-0.190

Compared to industry (Software-Application)

Period	Company	Industry (mean)	+/-
MRQ	3.590	1.728	+1.862
TTM	4.357	1.790	+2.567
YOY	3.760	1.952	+1.808
5Y	3.033	1.894	+1.139
10Y	3.224	1.900	+1.324

Measures if Aeeris is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Software-Application industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Aeeris if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Aeeris is 3.59. This means Aeeris has $3.59 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Software-Application industry is 1.73.
What is the trend?
The trend is important because it shows you how Aeeris is performing over time. The most recent quarter might be important if Aeeris released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aeeris up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Aeeris

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
3,015 \ 840) = 3.59

The current ratio measures if Aeeris is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Aeeris is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Aeeris does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Aeeris is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Aeeris is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Aeeris to the Software-Application industry mean.
A Quick Ratio of 3.55 means the company can pay off $3.55 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Aeeris Ltd:

The MRQ is 3.553. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 2.910. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	3.553	TTM	2.910	+0.643
TTM	2.910	YOY	1.973	+0.938
TTM	2.910	5Y	1.771	+1.140
5Y	1.771	10Y	1.604	+0.166

Compared to industry (Software-Application)

Period	Company	Industry (mean)	+/-
MRQ	3.553	1.067	+2.486
TTM	2.910	1.145	+1.765
YOY	1.973	1.429	+0.544
5Y	1.771	1.358	+0.413
10Y	1.604	1.367	+0.237

1.4. Solvency of Aeeris Ltd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Aeeris assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Aeeris to Software-Application industry mean.
A Debt to Asset Ratio of 0.29 means that Aeeris assets are financed with 29.5% credit (debt) and the remaining percentage (100% - 29.5%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Aeeris Ltd:

The MRQ is 0.295. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.251. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.295	TTM	0.251	+0.044
TTM	0.251	YOY	0.341	-0.090
TTM	0.251	5Y	0.377	-0.126
5Y	0.377	10Y	0.267	+0.110

Compared to industry (Software-Application)

Period	Company	Industry (mean)	+/-
MRQ	0.295	0.453	-0.158
TTM	0.251	0.444	-0.193
YOY	0.341	0.447	-0.106
5Y	0.377	0.482	-0.105
10Y	0.267	0.488	-0.221

Measures how much % of Aeeris assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Aeeris than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Aeeris to Software-Application industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Aeeris is 0.29. This means means that Aeeris is financed with 29.5% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Software-Application industry is 172.8%.
What is the trend?
The trend is important because it shows you how Aeeris is performing over time. The most recent quarter might be important if Aeeris released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aeeris up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Aeeris has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Aeeris

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
892 \ 3,028 = 29.5% or 0.29.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Aeeris is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Aeeris to the Software-Application industry mean.
A Debt to Equity ratio of 41.8% means that company has $0.42 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Aeeris Ltd:

The MRQ is 0.418. The company is very able to pay all its debts with equity. +2
The TTM is 0.337. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.418	TTM	0.337	+0.080
TTM	0.337	YOY	0.531	-0.193
TTM	0.337	5Y	0.639	-0.301
5Y	0.639	10Y	0.429	+0.210

Compared to industry (Software-Application)

Period	Company	Industry (mean)	+/-
MRQ	0.418	0.732	-0.314
TTM	0.337	0.732	-0.395
YOY	0.531	0.688	-0.157
5Y	0.639	0.793	-0.154
10Y	0.429	0.801	-0.372

Measures if Aeeris is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Aeeris is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Aeeris is 0.42. This means that Aeeris can pay off $0.42 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Software-Application industry is 0.73.
What is the trend?
The trend is important because it shows you how Aeeris is performing over time. The most recent quarter might be important if Aeeris released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aeeris up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Aeeris

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
892 \ 2,136 = 0.42 or 41.8%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Aeeris Ltd

2. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Aeeris generates.

Above 15 is considered overpriced but always compare Aeeris to the Software-Application industry mean.
A PE ratio of -36.53 means the investor is paying $-36.53 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Aeeris Ltd:

The EOD is -30.906. Company is losing money. -2
The MRQ is -36.525. Company is losing money. -2
The TTM is -72.855. Company is losing money. -2

Trends

Current period		Compared to		+/-
EOD	-30.906	MRQ	-36.525	+5.619
MRQ	-36.525	TTM	-72.855	+36.330
TTM	-72.855	YOY	2,189.799	-2,262.654
TTM	-72.855	5Y	479.806	-552.661
5Y	479.806	10Y	274.522	+205.283

Compared to industry (Software-Application)

Period	Company	Industry (mean)	+/-
EOD	-30.906	-1.879	-29.027
MRQ	-36.525	-2.621	-33.904
TTM	-72.855	-3.215	-69.640
YOY	2,189.799	-6.701	+2,196.500
5Y	479.806	-2.080	+481.886
10Y	274.522	-1.657	+276.179

Measures how much money you pay for each share for every $1 in earnings Aeeris generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Aeeris to the Software-Application industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Aeeris is -36.53. This means the investor is paying $-36.53 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Software-Application industry is -2.62.
What is the trend?
The trend is important because it shows you how Aeeris is performing over time. The most recent quarter might be important if Aeeris released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aeeris up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Aeeris

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
-255 \ 71,584 = EPS
PE ratio MRQ = -36.53

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Aeeris.

Lower is better.
A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of Aeeris Ltd:

The MRQ is 102.587. Seems overpriced? -1
The TTM is 6.248. Seems overpriced? -1

Trends

Current period		Compared to		+/-
MRQ	102.587	TTM	6.248	+96.339
TTM	6.248	YOY	27,001.947	-26,995.699
TTM	6.248	5Y	80,597.553	-80,591.306
5Y	80,597.553	10Y	58,053.243	+22,544.311

Compared to industry (Software-Application)

Period	Company	Industry (mean)	+/-
MRQ	102.587	3.504	+99.083
TTM	6.248	4.586	+1.662
YOY	27,001.947	10.416	+26,991.531
5Y	80,597.553	28.331	+80,569.222
10Y	58,053.243	41.372	+58,011.871

PEG Ratio	Meaning
0.5	You can buy the stock cheap based on future growth
1	You pay a fair price based on future growth
2	The stock is overpriced based on future growth

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Aeeris is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Software-Application industry mean).
A PB ratio of 4.36 means the investor is paying $4.36 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Aeeris Ltd:

The EOD is 3.686. Neutral. Compare to industry.
The MRQ is 4.357. Neutral. Compare to industry.
The TTM is 4.077. Neutral. Compare to industry.

Trends

Current period		Compared to		+/-
EOD	3.686	MRQ	4.357	-0.670
MRQ	4.357	TTM	4.077	+0.280
TTM	4.077	YOY	7.729	-3.652
TTM	4.077	5Y	8.009	-3.932
5Y	8.009	10Y	5.209	+2.800

Compared to industry (Software-Application)

Period	Company	Industry (mean)	+/-
EOD	3.686	2.748	+0.938
MRQ	4.357	2.964	+1.393
TTM	4.077	2.965	+1.112
YOY	7.729	4.692	+3.037
5Y	8.009	4.073	+3.936
10Y	5.209	4.338	+0.871

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Aeeris Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Aeeris Ltd compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-0.004	-0.002	-38%	0.006	-161%	0.001	-548%	0.001	-494%
Book Value Growth	-	-	0.893	0.937	-5%	1.396	-36%	1.077	-17%	1.108	-19%
Book Value Per Share	-	-	0.030	0.033	-10%	0.020	+51%	0.015	+94%	0.023	+29%
Book Value Per Share Growth	-	-	0.893	0.937	-5%	1.396	-36%	1.077	-17%	1.108	-19%
Current Ratio	-	-	3.590	4.357	-18%	3.760	-5%	3.033	+18%	3.224	+11%
Debt To Asset Ratio	-	-	0.295	0.251	+17%	0.341	-14%	0.377	-22%	0.267	+10%
Debt To Equity Ratio	-	-	0.418	0.337	+24%	0.531	-21%	0.639	-35%	0.429	-3%
Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Eps	-	-	-0.004	-0.002	-38%	0.000	-919%	-0.001	-83%	-0.002	-47%
Eps Growth	-	-	-0.356	-14.256	+3904%	0.596	-160%	-1.192	+235%	-0.576	+62%
Free Cash Flow Per Share	-	-	-0.003	-0.003	-5%	0.002	-277%	0.000	-99%	-0.001	-58%
Free Cash Flow Per Share Growth	-	-	0.915	0.167	+449%	0.944	-3%	1.330	-31%	0.971	-6%
Free Cash Flow To Equity Per Share	-	-	-0.003	0.004	-166%	0.011	-124%	0.003	-188%	0.000	-1187%
Free Cash Flow To Equity Per Share Growth	-	-	-0.155	2.872	-105%	1.666	-109%	1.538	-110%	0.993	-116%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	0.970	+3%
Intrinsic Value_10Y_max	-	-	-0.285	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-2.194	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	-0.004	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-0.046	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	-0.031	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-0.290	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	-0.080	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-0.697	-	-	-	-	-	-	-	-
Net Profit Margin	-	-	-0.216	-0.127	-41%	0.031	-785%	-0.053	-76%	-0.374	+74%
Operating Margin	-	-	-	-0.027	0%	0.012	-100%	-0.107	0%	-0.373	0%
Operating Ratio	-	-	0.217	0.139	+56%	0.089	+143%	0.848	-74%	1.318	-84%
Pb Ratio	3.686	-18%	4.357	4.077	+7%	7.729	-44%	8.009	-46%	5.209	-16%
Pe Ratio	-30.906	+15%	-36.525	-72.855	+99%	2189.799	-102%	479.806	-108%	274.522	-113%
Peg Ratio	-	-	102.587	6.248	+1542%	27001.947	-100%	80597.553	-100%	58053.243	-100%
Price Per Share	0.110	-18%	0.130	0.135	-4%	0.133	-2%	0.101	+29%	0.083	+57%
Price To Total Gains Ratio	-30.906	+15%	-36.525	-39.776	+9%	40.825	-189%	-32560.028	+89045%	-25062.166	+68517%
Profit Growth	-	-	0.822	-6.964	+947%	1.048	-22%	0.005	+17799%	-0.047	+106%
Quick Ratio	-	-	3.553	2.910	+22%	1.973	+80%	1.771	+101%	1.604	+121%
Return On Assets	-	-	-0.084	-0.062	-26%	0.028	-399%	-0.014	-84%	-0.059	-30%
Return On Equity	-	-	-0.119	-0.084	-30%	0.045	-365%	-0.025	-79%	-0.079	-33%
Revenue Growth	-	-	0.898	0.449	+100%	-	+100%	0.883	+2%	0.973	-8%
Total Gains Per Share	-	-	-0.004	-0.002	-38%	0.006	-161%	0.001	-548%	0.001	-494%
Total Gains Per Share Growth	-	-	0.822	0.411	+100%	-	+100%	-13508.562	+1643538%	-7295.944	+887717%
Usd Book Value	-	-	1421140.677	1582108.238	-10%	942829.230	+51%	732760.965	+94%	1098949.213	+29%
Usd Book Value Change Per Share	-	-	-0.002	-0.001	-38%	0.004	-161%	0.001	-548%	0.001	-494%
Usd Book Value Per Share	-	-	0.020	0.022	-10%	0.013	+51%	0.010	+94%	0.015	+29%
Usd Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Usd Eps	-	-	-0.002	-0.001	-38%	0.000	-919%	0.000	-83%	-0.001	-47%
Usd Free Cash Flow	-	-	-128103.515	-121383.985	-5%	72463.478	-277%	-1461.988	-99%	-52546.039	-59%
Usd Free Cash Flow Per Share	-	-	-0.002	-0.002	-5%	0.001	-277%	0.000	-99%	-0.001	-58%
Usd Free Cash Flow To Equity Per Share	-	-	-0.002	0.003	-166%	0.008	-124%	0.002	-188%	0.000	-1187%
Usd Price Per Share	0.073	-18%	0.086	0.090	-4%	0.088	-2%	0.067	+29%	0.055	+57%
Usd Profit	-	-	-169505.134	-128447.032	-24%	31031.255	-646%	-17742.501	-90%	-74049.720	-56%
Usd Revenue	-	-	786178.357	553828.985	+42%	313835.316	+151%	333154.595	+136%	282468.946	+178%
Usd Total Gains Per Share	-	-	-0.002	-0.001	-38%	0.004	-161%	0.001	-548%	0.001	-494%
	EOD	+3 -2	MRQ	TTM	+9 -29	YOY	+13 -26	5Y	+18 -20	10Y	+18 -21

4.2. Fundamental Score

Let's check the fundamental score of Aeeris Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	-30.906
Price to Book Ratio (EOD)	Between	0-1	3.686
Net Profit Margin (MRQ)	Greater than	0	-0.216
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	3.553
Current Ratio (MRQ)	Greater than	1	3.590
Debt to Asset Ratio (MRQ)	Less than	1	0.295
Debt to Equity Ratio (MRQ)	Less than	1	0.418
Return on Equity (MRQ)	Greater than	0.15	-0.119
Return on Assets (MRQ)	Greater than	0.05	-0.084
Total			4/10 (40.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of Aeeris Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	0.110
Total			0/1 (0.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in AUD. All numbers in thousands.

Summary

Total Assets	3,028
Total Liabilities	892
Total Stockholder Equity	2,136

	As reported
Total Liabilities	892
Total Stockholder Equity	+ 2,136
Total Assets	= 3,028

Assets

Total Assets	3,028
Total Current Assets	3,015
Long-term Assets	3,015

Total Current Assets

Total Current Assets (as reported)	3,015
Net Receivables	437
Total Current Assets (calculated)	437
+/-	2,578

Long-term Assets

Long-term Assets (as reported)	0
Property Plant Equipment	13
Long-term Assets (calculated)	13
+/-	13

Liabilities & Shareholders' Equity

Total Current Liabilities	840
Long-term Liabilities	-
Total Stockholder Equity	2,136

Total Current Liabilities

Total Current Liabilities (as reported)	840
Total Current Liabilities (calculated)	0
+/-	840

Long-term Liabilities

Long-term Liabilities (as reported)	0
Long-term Liabilities (calculated)	0
+/-	0

Total Stockholder Equity

Total Stockholder Equity (as reported)	2,136
Common Stock	6,517
Retained Earnings	-4,381
Total Stockholder Equity (calculated)	2,136
+/-	0

Other

Cash And Equivalents	2,547
Cash and Short Term Investments	2,547
Common Stock Shares Outstanding	71,584
Liabilities and Stockholders Equity	3,028

Balance Sheet

Currency in AUD. All numbers in thousands.

Trend

2022-12-31

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

> Total Assets

0
0
1,281
1,313
1,313
4,417
4,417
4,387
4,387
3,018
3,018
2,912
2,912
977
977
1,291
1,291
1,234
1,234
1,133
1,133
1,054
1,054
1,099
1,099
0
1,154
0
1,504
0
1,712
0
3,380
0
3,104
3,028

3,028

3,104

3,380

1,712

1,504

1,154

1,099

1,054

1,133

1,234

1,291

977

2,912

3,018

4,387

4,417

1,313

1,281

> Total Current Assets

0
0
0
0
0
0
0
0
0
0
1,884
1,376
1,376
931
931
1,264
1,264
1,212
1,212
1,115
1,115
1,039
1,039
1,087
1,087
1,143
1,143
1,490
1,490
1,696
1,696
3,366
3,366
3,092
3,092
3,015

3,015

3,092

3,366

1,696

1,490

1,143

1,087

1,039

1,115

1,212

1,264

931

1,376

1,884

Cash And Cash Equivalents

0
0
0
0
0
0
0
0
0
0
1,734
1,288
1,288
751
751
1,040
1,040
1,050
1,050
841
841
879
879
902
902
0
800
0
1,242
0
1,427
0
3,094
0
2,739
0

2,739

3,094

1,427

1,242

800

902

879

841

1,050

1,040

751

1,288

1,734

Net Receivables

0
0
85
150
150
96
96
226
226
135
150
89
89
167
179
224
224
140
146
245
245
127
153
159
159
326
334
219
219
191
202
195
195
301
338
437

437

338

301

195

202

191

219

334

326

159

153

127

245

146

140

224

179

167

150

135

226

150

Other Current Assets

0
0
0
0
0
40
40
0
0
15
15
0
0
13
13
0
0
6
16
0
0
26
7
0
0
8
8
0
0
10
68
0
0
37
15
0

> Long-term Assets

0
0
0
0
0
0
0
0
0
0
1,134
0
0
0
47
0
0
0
22
0
0
0
15
0
0
0
12
0
0
0
15
0
0
0
12
0

1,134

Property Plant Equipment

0
0
6
47
47
60
60
58
58
55
55
49
49
32
32
26
26
22
22
18
18
15
15
12
12
12
12
14
14
15
15
14
14
12
12
13

Goodwill

0
0
531
0
0
531
531
531
531
253
253
253
253
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

253

531

Intangible Assets

0
0
531
740
740
531
531
531
531
253
811
253
253
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

253

811

253

531

740

531

Other Assets

0
0
740
755
755
1,148
1,148
1,527
1,527
1,079
1,079
1,487
1,487
15
15
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1,487

1,079

1,527

1,148

755

740

> Total Liabilities

0
0
129
132
132
244
244
220
220
294
294
110
110
289
289
234
234
397
397
400
400
469
469
536
536
0
562
0
563
0
652
0
773
0
713
892

892

713

773

652

563

562

536

469

400

397

234

289

110

294

220

244

132

129

> Total Current Liabilities

0
0
129
132
132
244
244
220
220
294
294
110
110
289
289
234
234
397
397
400
400
469
469
536
536
562
562
563
563
602
602
716
716
652
652
840

840

652

716

602

563

562

536

469

400

397

234

289

110

294

220

244

132

129

Accounts payable

0
0
80
122
122
91
91
195
195
65
65
70
70
25
25
197
197
85
85
369
369
153
153
500
500
144
144
525
525
80
80
658
658
37
37
0

658

525

144

500

153

369

197

195

122

Other Current Liabilities

0
0
49
10
10
153
153
25
25
229
229
39
39
264
264
38
38
223
312
0
0
283
316
36
36
371
418
0
0
480
522
57
57
539
615
0

615

539

522

480

418

371

316

283

312

223

264

229

153

> Long-term Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50
0
0
0
61
0

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50
50
57
57
61
61
0

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
1,219
1,219
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1,219

> Total Stockholder Equity

0
0
1,152
1,182
1,182
4,173
4,173
4,167
4,167
2,724
2,724
2,802
2,802
688
688
1,056
1,056
837
837
733
733
585
585
563
563
0
592
0
941
0
1,060
0
2,607
0
2,391
2,136

2,136

2,391

2,607

1,060

941

592

563

585

733

837

1,056

688

2,802

2,724

4,167

4,173

1,182

1,152

Common Stock

0
0
1,420
1,920
1,920
4,904
4,904
5,545
5,545
4,921
4,921
5,561
5,561
4,921
4,921
5,660
5,660
5,019
5,019
5,660
5,019
5,019
5,019
5,741
5,101
5,101
5,101
5,741
5,741
5,101
5,101
7,250
7,250
6,517
6,517
6,517

6,517

7,250

5,101

5,741

5,101

5,741

5,019

5,660

5,019

5,660

4,921

5,561

4,921

5,545

4,904

1,920

1,420

Retained Earnings Total Equity

Accumulated Other Comprehensive Income

0
0
0
0
0
0
0
0
0
0
95
0
0
0
95
0
0
0
95
0
0
0
95
0
0
0
81
0
0
0
81
0
0
0
207
0

207

Capital Surplus

Treasury Stock

Other Stockholders Equity

0
0
0
0
0
0
0
0
0
0
143
-545
-545
95
162
-545
-545
95
172
-545
-545
95
179
-559
-559
81
170
-559
-559
81
81
-527
-527
207
207
0

207

-527

-559

170

-559

179

-545

172

-545

162

-545

143

Balance Sheet

Currency in AUD. All numbers in thousands.

	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30	2017-06-30	2016-06-30	2015-06-30	2014-06-30
Accounts Payable	37	80	144	153	85	25	65	91	80
Accumulated Other Comprehensive Income	207	81	81	95	95	95	95	95	-
Capital Stock	6,517	5,101	5,101	5,019	-	-	-	-	-
Cash	2,739	1,427	800	879	1,050	751	1,734	3,074	4,047
Cash And Equivalents	2,739	1,427	800	879	1,050	751	-	-	-
Cash And Short Term Investments	2,739	1,427	800	879	1,050	751	1,734	3,074	4,047
Common Stock	6,517	5,101	5,101	5,019	5,019	4,921	4,921	4,904	4,852
Common Stock Shares Outstanding	68,189	59,974	59,693	56,659	55,990	54,903	54,819	43,565	20,420
Common Stock Total Equity	-	-	5,101	5,019	5,019	4,921	4,921	4,904	4,852
Deferred Long Term Liab	-	-	-	-	-	-	811	602	209
Good Will	-	-	-	-	-	-	253	531	531
Intangible Assets	-	-	-	-	0	0	811	602	740
Liabilities And Stockholders Equity	3,104	1,712	1,154	1,054	1,234	977	3,018	4,417	4,877
Long Term Debt Total	0	0	0	0	0	0	-	-	-
Net Debt	-2,739	-1,427	-800	-879	-1,050	-751	-1,734	-3,074	-4,045
Net Invested Capital	2,391	1,060	592	585	837	688	-	-	-
Net Receivables	338	202	334	153	146	179	150	136	85
Net Tangible Assets	2,391	1,060	592	585	837	688	2,471	3,642	621
Net Working Capital	2,440	1,094	580	569	815	642	-	-	-
Non Current Assets Total	12	15	12	15	22	47	1,134	1,208	746
Non Current Liabilities Total	61	50	144	153	0	0	0	-	-
Non Currrent Assets Other	-	-	-	15	22	15	15	15	-
Other Assets	-	-	-	-	0	15	15	617	209
Other Current Assets	15	68	8	7	16	13	15	40	-
Other Current Liab	615	522	418	316	312	264	229	153	5
Other Liab	61	50	-	-	-	-	-	-	-
Other Stockholder Equity	207	81	170	179	172	162	143	116	-164
Property Plant And Equipment Gross	-	-	12	15	22	32	55	60	6
Property Plant And Equipment Net	12	15	12	15	22	32	55	60	6
Property Plant Equipment	12	15	12	15	22	32	55	60	6
Retained Earnings	-4,333	-4,122	-4,589	-4,530	-4,278	-4,328	-2,292	-826	-104
Short Long Term Debt Total	-	-	-	-	-	-	-	-	2
Short Term Debt	0	0	0	0	0	0	-	-	2
Total Assets	3,104	1,712	1,154	1,054	1,234	977	3,018	4,417	4,877
Total Current Assets	3,092	1,696	1,143	1,039	1,212	931	1,884	3,210	4,132
Total Current Liabilities	652	602	562	469	397	289	294	244	129
Total Liab	713	652	562	469	397	289	294	244	129
Total Stockholder Equity	2,391	1,060	592	585	837	688	2,724	4,173	4,748

	2022-12-31	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31
Accounts Payable	-	37	37	658	658	80	80	525	525	144	144	500	500	153	153	369	369	85	85	197	197	25	25	70	70	65	65	195	195	91	91	122	122	80	-	-
Accumulated Other Comprehensive Income	-	207	-	-	-	81	-	-	-	81	-	-	-	95	-	-	-	95	-	-	-	95	-	-	-	95	-	-	-	-	-	-	-	-	-	-
Capital Stock	-	6,517	-	-	-	5,101	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash	-	2,739	-	3,094	-	1,427	-	1,242	-	800	-	902	902	879	879	841	841	1,050	1,050	1,040	1,040	751	751	1,288	1,288	1,734	-	-	-	-	-	-	-	-	-	-
Cash And Equivalents	2,547	2,739	-	3,094	-	1,427	-	1,242	-	800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash And Short Term Investments	2,547	2,739	-	3,094	-	1,427	-	1,242	-	800	-	902	-	879	-	841	-	1,050	-	-	-	751	-	-	-	1,734	-	-	-	-	-	-	-	-	-	-
Common Stock	6,517	6,517	6,517	7,250	7,250	5,101	5,101	5,741	5,741	5,101	5,101	5,101	5,741	5,019	5,019	5,019	5,660	5,019	5,019	5,660	5,660	4,921	4,921	5,561	5,561	4,921	4,921	5,545	5,545	4,904	4,904	1,920	1,920	1,420	-	-
Common Stock Shares Outstanding	71,584	71,584	-	59,974	-	59,974	-	34,846	56,659	56,659	56,659	56,659	-	56,659	56,659	56,659	-	55,990	55,990	55,990	-	54,903	54,903	54,903	-	54,819	54,819	54,819	43,565	43,565	43,565	43,565	20,420	20,420	20,420	20,420
Common Stock Total Equity	-	-	-	-	-	-	-	-	-	5,101	-	-	-	5,019	-	-	-	5,019	-	-	-	4,921	-	-	-	4,921	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Liab	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,219	1,219	-	-	-	-	-	-	-	-	-	-	-
Good Will	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	253	253	253	253	531	531	531	531	-	-	531	-	-
Intangible Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	253	253	811	253	531	531	531	531	740	740	531	-	-
Liabilities And Stockholders Equity	3,028	3,104	-	3,380	-	1,712	-	1,504	-	1,154	-	-	-	1,054	-	-	-	1,234	-	-	-	977	-	-	-	3,018	-	-	-	-	-	-	-	-	-	-
Long Term Debt Total	0	0	-	0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	-	-2,739	-	-	-	-1,427	-	-	-	-800	-	-	-	-879	-	-	-	-1,050	-	-	-	-751	-	-	-	-1,734	-	-	-	-	-	-	-	-	-	-
Net Invested Capital	-	2,391	-	-	-	1,060	-	-	-	592	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Receivables	437	338	301	195	195	202	191	219	219	334	326	159	159	153	127	245	245	146	140	224	224	179	167	89	89	150	135	226	226	96	96	150	150	85	-	-
Net Tangible Assets	-	2,391	2,391	2,607	2,607	1,060	1,060	941	941	592	592	563	563	585	585	733	733	837	837	1,056	1,056	688	688	2,549	2,549	-	-	-	-	-	-	-	-	-	-	-
Net Working Capital	-	2,440	-	-	-	1,094	-	-	-	580	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	-	12	-	-	-	15	-	-	-	12	-	-	-	15	-	-	-	22	-	-	-	47	-	-	-	1,134	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Total	-	61	-	-	-	50	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Currrent Assets Other	-	-	-	-	-	-	-	-	-	-	-	-	-	15	-	-	-	-	-	-	-	15	-	-	-	15	-	-	-	-	-	-	-	-	-	-
Other Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	15	1,487	1,487	1,079	1,079	1,527	1,527	1,148	1,148	755	755	740	-	-
Other Current Assets	-	15	37	-	-	68	10	-	-	8	8	-	-	7	26	-	-	16	6	-	-	13	13	-	-	15	15	-	-	40	40	-	-	-	-	-
Other Current Liab	-	615	539	57	57	522	480	-	-	418	371	36	36	316	283	-	-	312	223	38	38	264	264	39	39	229	229	25	25	153	153	10	10	49	-	-
Other Liab	-	61	61	57	57	50	50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Stockholder Equity	-	207	207	-527	-527	81	81	-559	-559	170	81	-559	-559	179	95	-545	-545	172	95	-545	-545	162	95	-545	-545	143	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Gross	-	-	-	-	-	-	-	-	-	12	-	-	-	15	-	-	-	22	-	-	-	32	-	-	-	55	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Net	-	12	-	-	-	15	-	-	-	12	-	-	-	15	-	-	-	22	-	-	-	32	-	-	-	55	-	-	-	-	-	-	-	-	-	-
Property Plant Equipment	13	12	12	14	14	15	15	14	14	12	12	12	12	15	15	18	18	22	22	26	26	32	32	49	49	55	55	58	58	60	60	47	47	6	-	-
Retained Earnings	-4,381	-4,333	-4,333	-4,117	-4,117	-4,122	-4,122	-4,241	-4,241	-4,589	-4,589	-4,538	-4,619	-4,530	-4,530	-4,286	-4,381	-4,278	-4,278	-4,058	-4,058	-4,328	-4,328	-2,214	-2,214	-2,292	-	-	-	-	-	-	-	-	-	-
Short Term Debt	0	0	-	0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	3,028	3,104	-	3,380	-	1,712	-	1,504	-	1,154	-	1,099	1,099	1,054	1,054	1,133	1,133	1,234	1,234	1,291	1,291	977	977	2,912	2,912	3,018	3,018	4,387	4,387	4,417	4,417	1,313	1,313	1,281	-	-
Total Current Assets	3,015	3,092	3,092	3,366	3,366	1,696	1,696	1,490	1,490	1,143	1,143	1,087	1,087	1,039	1,039	1,115	1,115	1,212	1,212	1,264	1,264	931	931	1,376	1,376	1,884	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	840	652	652	716	716	602	602	563	563	562	562	536	536	469	469	400	400	397	397	234	234	289	289	110	110	294	294	220	220	244	244	132	132	129	-	-
Total Liab	892	713	-	773	-	652	-	563	-	562	-	536	536	469	469	400	400	397	397	234	234	289	289	110	110	294	294	220	220	244	244	132	132	129	-	-
Total Stockholder Equity	2,136	2,391	-	2,607	-	1,060	-	941	-	592	-	563	563	585	585	733	733	837	837	1,056	1,056	688	688	2,802	2,802	2,724	2,724	4,167	4,167	4,173	4,173	1,182	1,182	1,152	-	-

Cash Flow

Currency in AUD. All numbers in thousands.

	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30	2017-06-30	2016-06-30	2015-06-30	2014-06-30
Begin Period Cash Flow	1,427	800	879	1,050	751	1,734	3,074	450	-
Capital Expenditures	7	7	2	2	1	523	1,037	550	2
Change In Cash	1,312	627	-79	-172	299	-983	-1,339	2,623	676
Change In Working Capital	471	699	98	0	487	589	414	-	-
Change To Account Receivables	-136	132	-182	-7	33	-30	-14	-51	-40
Change To Liabilities	20	46	84	71	117	4	28	92	-45
Change To Netincome	126	126	162	162	113	1,580	301	56	249
Change To Operating Activities	95	-15	8	9	-25	-10	22	23	8
Depreciation	10	4	5	6	11	21	832	88	1
End Period Cash Flow	2,739	1,427	800	879	1,050	751	1,734	3,074	450
Free Cash Flow	-7	-7	-2	-172	299	-994	-1,339	-1,064	-
Investments	-7	-7	-2	-	-1	-513	-1,037	-	-
Issuance Of Capital Stock	1,509	-	-	-	-	-	-	-	-
Net Borrowings	-	-	-	-	-	-	-	-	-188
Net Income	-211	468	-155	-252	50	-2,036	-1,472	-722	-156
Other Cashflows From Financing Activities	-7	-7	-2	-172	300	-470	-303	-514	-312
Other Cashflows From Investing Activities	-	-	-	0	0	11	-	-15	-15
Other Non Cash Items	-	-472	150	246	-61	2,015	640	634	-
Sale Purchase Of Stock	-93	0	-	0	0	0	-	-312	1,470
Total Cash From Financing Activities	1,416	1,416	1,416	1,416	0	0	-	3,688	855
Total Cash From Operating Activities	-97	635	-77	-172	300	-470	-303	-514	11
Total Cashflows From Investing Activities	-7	-7	-2	-2	-1	-513	-1,037	-550	-623

	2022-12-31	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30
Begin Period Cash Flow	-	-	-	-	-	-	-	200	220	220	220	220	220	263	263	263	263	188	188	188	188	434	434	434	434	768	768	768	113	113	113	113	-	-
Capital Expenditures	6	1	1	2	2	2	2	2	0	0	0	0	1	1	1	0	0	0	0	0	0	131	131	131	3	259	259	259	138	138	138	138	23	3
Change In Cash	-193	-177	-177	834	834	92	92	221	-20	-20	-20	-20	12	-43	-43	-43	-105	75	75	75	145	-246	-246	-246	-223	-335	-335	-335	656	656	656	656	-	-
Change In Working Capital	21	471	-	470	-	699	-	434	-	98	-	3	-	-	-	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Account Receivables	-	-68	-68	-68	-68	66	66	66	66	-91	-91	-	-	-3	-3	-3	-3	17	17	17	17	-15	-15	-15	-15	-	-	-	-	-	-	-	-	-
Change To Liabilities	-	10	10	0	0	23	23	0	0	42	42	0	0	36	36	0	0	58	58	0	0	2	2	0	0	-	-	-	-	-	-	-	-	-
Change To Netincome	-	-59	-59	122	122	-48	-48	48	48	-21	-21	102	102	55	55	-55	-55	50	50	7	7	66	66	-69	-69	-	-	-	-	-	-	-	-	-
Change To Operating Activities	-	47	47	47	47	-8	-8	-8	-8	4	4	4	4	5	5	5	5	-12	-12	-12	-12	-5	-5	-5	-5	-	-	-	-	-	-	-	-	-
Depreciation	-	2	2	3	3	1	1	1	1	1	1	1	3	2	2	2	2	3	3	3	3	5	5	5	62	208	208	208	22	22	22	22	-	-
End Period Cash Flow	-	-	-	-	-	-	-	-	200	200	200	200	220	220	220	220	263	263	263	263	188	188	188	188	434	434	434	434	768	768	768	768	113	-
Free Cash Flow	-	-	-	-	-	-	-	-	-20	-20	-20	-20	-	-43	-43	-43	-	75	75	75	-	-248	-248	-248	-	-335	-335	-335	-266	-266	-266	-266	-	-
Net Income	-	-108	-108	2	2	60	60	174	-39	-39	-39	-39	-92	-63	-63	-63	-52	13	13	13	135	-509	-509	-509	39	-368	-368	-368	-181	-181	-181	-181	-	-
Other Cashflows From Financing Activities	0	-93	-	-47	-47	-47	-47	0	-19	-19	-19	-19	-	-43	-43	-43	-	75	75	75	-	-118	-118	-118	-	-76	-76	-76	-1,051	-1,051	-1,051	-1,051	-	-
Other Non Cash Items	-	-	-	-	-	-	-	-	37	37	37	37	-	61	61	61	-	-15	-15	-15	-	504	504	504	-	160	160	160	159	159	159	159	-	-
Sale Purchase Of Stock	0	1,509	-	1,509	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-78	-78	-78	-78	-	-
Total Cash From Financing Activities	0	1,416	-	708	708	708	708	0	-19	-19	-19	-19	-	-43	-43	-43	-	75	75	75	-	-118	-118	-118	-	-76	-76	-76	-129	-129	-129	-129	228	1,283
Total Cash From Operating Activities	-186	-176	-176	127	127	94	94	223	223	-51	-51	25	13	-172	19	-210	-105	5	5	289	145	-268	-268	66	33	-	-	-	-	-	-	-	-	16
Total Cashflows From Investing Activities	-6	-1	-1	-2	-2	-2	-2	-2	-2	-2	-2	-2	-1	-1	-1	-	-	0	0	0	0	0	0	-257	-257	-	-	-	-	-	-	-	-	-

Income Statement

Currency in AUD. All numbers in thousands.

	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30	2017-06-30	2016-06-30	2015-06-30	2014-06-30
Cost Of Revenue	439	309	302	348	240	204	290	981	70
Depreciation And Amortization	10	4	5	6	11	21	832	88	-
Ebit	-211	470	-152	-251	51	-1,062	-1,660	-933	-28
Ebitda	-201	474	-147	-245	62	-1,041	-828	-845	-
Gross Profit	2,211	1,838	1,661	1,527	1,382	1,073	1,447	972	210
Income Before Tax	-211	468	-155	-252	50	-2,036	-1,472	-722	-156
Income Tax Expense	0	2	3	1	0	0	0	0	0
Interest Expense	0	2	3	1	1	0	0	0	0
Interest Income	1	2	3	1	1	0	3	-	-
Net Income	-212	468	-158	-253	50	-2,036	-1,472	-722	-156
Net Income Applicable To Common Shares	-211	468	-155	-252	50	-2,036	-1,472	-722	-156
Net Income From Continuing Ops	-211	468	-155	-252	50	-2,036	-1,472	-722	-156
Net Interest Income	1	0	2	11	13	20	52	-	-
Operating Income	-211	470	-152	-251	-450	-1,062	-1,660	-933	-28
Other Operating Expenses	2,893	2,067	1,916	1,887	171	203	162	526	216
Reconciled Depreciation	10	4	5	6	11	21	-	-	-
Research Development	-	-	-	-	-	1,333	805	86	8
Selling General Administrative	1,791	1,102	964	790	884	1,122	891	774	14
Tax Provision	0	0	0	0	0	0	0	-	-
Total Operating Expenses	2,893	2,067	1,916	1,887	1,832	2,135	3,107	1,905	345
Total Other Income Expense Net	0	-2	-3	-1	500	974	-188	-210	-128
Total Revenue	2,211	1,838	1,661	1,527	1,382	1,073	1,447	972	211

	2022-12-31	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30
Cost Of Revenue	256	262	-	177	-	158	-	151	-	155	-	147	267	214	478	134	283	471	471	275	275	583	583	242	242	562	562	251	251	261	261	227	230
Depreciation And Amortization	-	-	-	-	-	-	-	-	1	1	1	1	-	2	2	2	-	3	3	3	-	5	5	5	-	208	208	208	22	22	22	22	-
Ebit	-	-109	-109	2	2	46	46	77	-38	-38	-38	-38	-93	-90	-90	-90	-55	-112	-112	-112	132	-265	-265	-265	33	-415	-415	-415	-233	-233	-233	-233	-
Ebitda	-	-	-	-	-	-	-	-	-37	-37	-37	-37	-	-88	-88	-88	-	-110	-110	-110	-	-260	-260	-260	-	-207	-207	-207	-211	-211	-211	-211	-
Gross Profit	926	1,053	-	718	-	834	-	695	415	415	415	415	136	382	382	382	102	346	346	346	268	268	268	268	264	362	362	362	243	243	243	243	11
Income Before Tax	-255	-216	-	5	-	119	-	348	-39	-39	-39	-39	-92	-63	-63	-63	-52	13	13	13	135	-509	-509	-509	39	-368	-368	-368	-181	-181	-181	-181	-
Income Tax Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-
Interest Expense	-	-	-	-	-	-	-	-	1	1	1	1	1	0	0	0	1	0	0	0	1	0	0	0	0	1	1	1	0	0	0	0	-
Interest Income	-	0	-	0	-	1	-	1	-	1	-	1	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-255	-216	-	5	-	119	-	348	-39	-39	-39	-39	-92	-63	-63	-63	-52	13	13	13	135	-509	-509	-509	39	-368	-368	-368	-181	-181	-181	-181	-
Net Income Applicable To Common Shares	-255	-108	-108	2	2	60	60	174	174	15	15	-184	-92	-149	-74	-103	-52	-110	-110	135	135	-1,057	-1,057	39	39	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	-	-	-	-	-	-	-	-	-	-	-	-92	-92	-74	-74	-52	-52	-110	-110	135	135	-1,057	-1,057	39	39	-	-	-	-	-	-	-	-
Operating Income	-275	-217	-	-465	-	-118	-	110	-64	-64	-64	-64	-93	-90	-90	-90	-55	-112	-112	-112	132	-265	-265	-265	34	-415	-415	-415	-233	-233	-233	-233	-
Other Operating Expenses	-	214	214	140	140	26	26	74	74	101	101	49	49	143	143	37	37	112	112	198	198	127	127	228	228	-	-	-	-	-	-	-	-
Reconciled Depreciation	-	-	-	-	-	-	-	-	1	1	1	1	-	2	2	2	-	3	3	3	-	5	5	5	-	208	208	208	22	22	22	22	-
Selling General Administrative	988	1,025	-	989	-	858	-	688	241	241	241	241	96	197	197	197	118	221	221	221	133	280	280	280	168	223	223	223	193	193	193	193	121
Tax Provision	0	0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	-	-	-	-	-	-	-	-	237	237	237	237	495	273	273	273	440	234	234	234	213	248	248	248	244	346	346	346	261	261	261	261	-
Total Other Income Expense Net	-	-	-	-	-	-	-	-	25	25	25	25	1	-27	-27	-27	4	-125	-125	-125	3	243	243	243	6	-47	-47	-47	-53	-53	-53	-53	-
Total Revenue	1,182	1,316	-	895	-	992	-	846	415	415	415	415	402	382	382	382	385	346	346	346	543	268	268	268	506	362	362	362	243	243	243	243	241

Latest Income Statement (annual, 2022-06-30)

Gross Profit (+$)
totalRevenue	2,211
Cost of Revenue	-439
Gross Profit	2,211	1,771

Operating Income (+$)
Gross Profit	2,211
Operating Expense	-2,893
Operating Income	-211	-682

Operating Expense (+$)
Research Development	-
Selling General Administrative	1,791
Selling And Marketing Expenses	-
Operating Expense	2,893	1,791

Net Interest Income (+$)
Interest Income	1
Interest Expense	-0
Other Finance Cost	-0
Net Interest Income	1

Pretax Income (+$)
Operating Income	-211
Net Interest Income	1
Other Non-Operating Income Expenses	-
Income Before Tax (EBT)	-211	-211 EBIT - interestExpense = -211 -211 -211
Interest Expense	0
Earnings Before Interest and Taxes (EBIT)	-211	-211
Earnings Before Interest and Taxes (EBITDA)	-201

After tax Income (+$)
Income Before Tax	-211
Tax Provision	-0
Net Income From Continuing Ops	-211	-211
Net Income	-212
Net Income Applicable To Common Shares	-211

Non-recurring Events
Discontinued Operations	-
Extraordinary Items	-
Effect of Accounting Charges	-
Other Items	-
Non Recurring	-
Other Operating Expenses	2,893
Total Other Income/Expenses Net	0	-1

Technicals of Aeeris

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Directionalities and relatives.

Moving Average	Amount of candles	Trend	Price +/-	vs. MA 50	vs. MA 100	vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of Aeeris Ltd:

Aeeris Ltd Daily Moving Average Convergence/Divergence (MACD) Chart

1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of Aeeris Ltd:

The ADX is .

Aeeris Ltd Daily Directional Movement Index (DMI) Chart

1.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

The Parabolic SAR is lower than the price. The current trend is up. +2

2. Momentum Indicators

2.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

The RSI is below 50. -1
The RSI is below 30 and oversold. +2

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.