AVA

4.55%

10.5¢ ava risk group limited

Market cap of 20-25m with $15m in the bank?or if they kept the...

First 51 Last

pianopiano

445 Posts.

16/02/22

16:59

Post #: 59616183

Originally posted by SteveSage: ↑
Exactly
Perimeter security business has been relatively rangebound between 12-15m over the last 4 years excluding IMOD, and without a similar contract, it is both EBITDA and PBT negative.....a loss making business

Access Solutions was slightly better in 2020 & 21, but not sufficient to support both the loss making Perimeter Security business and a 50-60m market cap company.

The key driver for the improvement seems to have been the previous CEO and also the huge improvement in the Services/Logistics business.

As I've said multiple times, without Aura IQ (and/or a significant shift in the revenues/profitability of the existing business), I just can't see it supporting the current market cap.

If no material change in the business, then by June this should have a MC of ~20-25m after return of capital (i.e. worth ~10-13c).......sad that mgmt have squandered the opportunity they had by hoping something would change while doing nothing that is visible or value accretive from a shareholders perspective
Segment Revenues FY 2018 FY 2019 FY 2020 FY 2021
1 Perimeter Security 13,015 12,446 17,739 19,269
2 Access Control Solutions 3,082 4,314 4,495 6,756
3 International Valuable Logistics 4,537 15,879 25,551 40,697
4 Eliminations -270 -953 -1,145 -1,008
5 Total 20,364 31,686 46,640 65,714
6 o/w IMOD sales (excl tax credit) 4,781 7,754
7 o/w IMOD sales (USDEQ) 3,586 5,816
8 Segment EBITDA

9 Perimeter Security -1,705 -2,656 4,270 5,861
10 Access Control Solutions -17 -113 774 2,420
11 International Valuable Logistics -949 -92 2,385 7,756
12 Eliminations -270

13 Total -2,941 -2,861 7,429 16,037
14

-1 -57 -41
15 Segment Profit/Loss

16 Perimeter Security -1,287 -3,292 3,297 4,698
17 Access Control Solutions -418 -540 -501 1,974
18 International Valuable Logistics -1,204 -897 2,146 7,077
19 Eliminations -270

20 Total -3,179 -4,729 4,942 13,749
Expand
Market cap of 20-25m with $15m in the bank?

or if they kept the cash and don’t do roc what valuation would you expect?

AVA Price at posting: 39.0¢ Sentiment: Hold Disclosure: Held

Upvote

0 Great analysis

Top Stories

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

RCE

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

There are more pages in this discussion • 5 more messages in this thread...

First 51 Last

Add AVA (ASX) to my watchlist

(20min delay)
Last 10.5¢		Change -0.005(4.55%)		Mkt cap ! $30.4M

Open	High	Low	Value	Volume
11.0¢	12.0¢	10.5¢	$42.38K	371.1K

Buyers (Bids)

No.	Vol.	Price($)
6	309737	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	43343	2

View Market Depth

No.	Vol.	Price($)
5	307357	0.105
11	307790	0.100
1	30000	0.097
3	115137	0.096
3	107078	0.095

Price($)	Vol.	No.
0.115	35000	1
0.120	66853	5
0.125	47872	3
0.130	222522	7
0.135	259000	4

Last trade - 16.10pm 28/06/2024 (20 minute delay)

AVA (ASX) Chart

Market cap of 20-25m with $15m in the bank?or if they kept the...

Ava Risk Group expands US presence with A$0.7M Substation Deal

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

	Segment Revenues	FY 2018	FY 2019	FY 2020	FY 2021
1	Perimeter Security	13,015	12,446	17,739	19,269
2	Access Control Solutions	3,082	4,314	4,495	6,756
3	International Valuable Logistics	4,537	15,879	25,551	40,697
4	Eliminations	-270	-953	-1,145	-1,008
5	Total	20,364	31,686	46,640	65,714
6	o/w IMOD sales (excl tax credit)			4,781	7,754
7	o/w IMOD sales (USDEQ)			3,586	5,816
8	Segment EBITDA
9	Perimeter Security	-1,705	-2,656	4,270	5,861
10	Access Control Solutions	-17	-113	774	2,420
11	International Valuable Logistics	-949	-92	2,385	7,756
12	Eliminations	-270
13	Total	-2,941	-2,861	7,429	16,037
14			-1	-57	-41
15	Segment Profit/Loss
16	Perimeter Security	-1,287	-3,292	3,297	4,698
17	Access Control Solutions	-418	-540	-501	1,974
18	International Valuable Logistics	-1,204	-897	2,146	7,077
19	Eliminations	-270
20	Total	-3,179	-4,729	4,942	13,749

Market cap of 20-25m with $15m in the bank?or if they kept the...

Top Stories

Ava Risk Group expands US presence with A$0.7M Substation Deal

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News