The Board is not acting in the interests of shareholders
lnfo from Simply Wall St analysts:
Forecast Annual Earnings Growth, 6 analysts 78.2% profitable over the next 3 years,
Below Fair Value: NEA (A$2.08) is trading below our estimate of fair value (A$4.07) Significantly Below Fair Value: NEA is trading below fair value by more than 20%.
Earnings vs Market: NEA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NEA is expected to become profitable in the next 3 years.
Revenue vs Market: NEA's revenue (18.3% per year) is forecast to grow faster than the Australian market (4% per year). Future ROE: NEA's Return on Equity is forecast to be high in 3 years time (36.2%) Short Term Liabilities: NEA's short term assets (A$142.3M) exceed its short term liabilities (A$104.7M). Long Term Liabilities: NEA's short term assets (A$142.3M) exceed its long term liabilities (A$14.6M). Stable Cash Runway: NEA has sufficient cash runway for more than 3 years based on its current free cash flow. Compensation vs Earnings for CEO: Rob Newman's compensation has increased whilst the company is unprofitable.
Recent Insider Transactions: BuyAU$6,317,873 24 Aug 22 Morgan Stanley, Investment Banking and Brokerage Investments BuyAU$41,576,793 22 Aug 22 Morgan Stanley, Investment Banking and Brokerage Investments BuyAU$7,064,6130 8 Aug 22 First Sentier Investors (Australia) IM Ltd
Leadership Team: Your Board voting in favour of the motion and in the best interests of the shareholders. Plus their holding in NEA.
Robert Newman CEO, MD & Executive Director AU$1.60m
