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GO2 People

ASX:GO2
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GO2
ASX
A$2M
Market Cap
  1. Home
  2. AU
  3. Commercial Services
Company description

The GO2 People Limited provides recruitment and building services in Australia and New Zealand. The last earnings update was 50 days ago. More info.


Add to Portfolio Compare Print
  • GO2 People has significant price volatility in the past 3 months.
GO2 Share Price and Events
7 Day Returns
5.3%
ASX:GO2
0.4%
AU Professional Services
-0.1%
AU Market
1 Year Returns
-81%
ASX:GO2
20.6%
AU Professional Services
16.5%
AU Market
GO2 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GO2 People (GO2) 5.3% 5.3% - -81% - -
AU Professional Services 0.4% 3% 7.6% 20.6% 37.9% 39.2%
AU Market -0.1% 1.5% 3.5% 16.5% 21.9% 20.6%
1 Year Return vs Industry and Market
  • GO2 underperformed the Professional Services industry which returned 20.6% over the past year.
  • GO2 underperformed the Market in Australia which returned 16.5% over the past year.
Price Volatility
GO2
Industry
5yr Volatility vs Market
Related Companies

Value

 Is GO2 People undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of GO2 People to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for GO2 People.

ASX:GO2 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 13.2%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:GO2
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.83
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.828 (1 + (1- 30%) (242.81%))
1.827
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.827 * 5.96%)
13.2%

Discounted Cash Flow Calculation for ASX:GO2 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for GO2 People is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

ASX:GO2 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 13.2%)
2020 0.67 Est @ 48.18% 0.60
2021 0.91 Est @ 34.42% 0.71
2022 1.13 Est @ 24.79% 0.78
2023 1.34 Est @ 18.05% 0.81
2024 1.51 Est @ 13.33% 0.81
2025 1.67 Est @ 10.02% 0.79
2026 1.79 Est @ 7.71% 0.75
2027 1.90 Est @ 6.09% 0.71
2028 2.00 Est @ 4.96% 0.65
2029 2.08 Est @ 4.16% 0.60
Present value of next 10 years cash flows A$7.00
ASX:GO2 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$2.08 × (1 + 2.31%) ÷ (13.2% – 2.31%)
A$19.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$19.55 ÷ (1 + 13.2%)10
A$5.66
ASX:GO2 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$7.00 + A$5.66
A$12.66
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$12.66 / 117.96
A$0.11
ASX:GO2 Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$0.11
Current discount Discount to share price of A$0.02
= -1 x (A$0.02 - A$0.11) / A$0.11
81.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price GO2 People is available for.
Intrinsic value
>50%
Share price is A$0.02 vs Future cash flow value of A$0.10731
Current Discount Checks
For GO2 People to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • GO2 People's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • GO2 People's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for GO2 People's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GO2 People's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:GO2 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$-0.03
ASX:GO2 Share Price ** ASX (2019-11-18) in AUD A$0.02
Australia Professional Services Industry PE Ratio Median Figure of 10 Publicly-Listed Professional Services Companies 21.51x
Australia Market PE Ratio Median Figure of 519 Publicly-Listed Companies 18.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of GO2 People.

ASX:GO2 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:GO2 Share Price ÷ EPS (both in AUD)

= 0.02 ÷ -0.03

-0.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GO2 People is loss making, we can't compare its value to the AU Professional Services industry average.
  • GO2 People is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does GO2 People's expected growth come at a high price?
Raw Data
ASX:GO2 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Professional Services Industry PEG Ratio Median Figure of 7 Publicly-Listed Professional Services Companies 1.94x
Australia Market PEG Ratio Median Figure of 347 Publicly-Listed Companies 1.6x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for GO2 People, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on GO2 People's assets?
Raw Data
ASX:GO2 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$0.01
ASX:GO2 Share Price * ASX (2019-11-18) in AUD A$0.02
Australia Professional Services Industry PB Ratio Median Figure of 21 Publicly-Listed Professional Services Companies 2.08x
Australia Market PB Ratio Median Figure of 1,584 Publicly-Listed Companies 1.75x
ASX:GO2 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:GO2 Share Price ÷ Book Value per Share (both in AUD)

= 0.02 ÷ 0.01

1.74x

* Primary Listing of GO2 People.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GO2 People is good value based on assets compared to the AU Professional Services industry average.
X
Value checks
We assess GO2 People's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. GO2 People has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is GO2 People expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as GO2 People has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.5%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GO2 People expected to grow at an attractive rate?
  • Unable to compare GO2 People's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare GO2 People's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare GO2 People's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:GO2 Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 15.5%
Australia Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 9.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 9.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:GO2 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:GO2 Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 47 1 -4
2019-03-31 50 -1 -2
2018-12-31 52 -3 -1
2018-09-30 49 -3 -1
2018-06-30 45 -4 -1
2018-03-31 42 -3 -2
2017-12-31 38 -2 -3
2017-09-30 37 -2 -3
2017-06-30 35 -3 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if GO2 People is high growth as no earnings estimate data is available.
  • Unable to determine if GO2 People is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:GO2 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from GO2 People Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:GO2 Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 -0.03
2019-03-31 -0.02
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.03
2017-12-31 -0.07
2017-09-30 -0.11
2017-06-30 -0.31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if GO2 People will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether GO2 People is trading at GO2 People'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. GO2 People's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. GO2 People's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess GO2 People's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
GO2 People has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has GO2 People performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare GO2 People's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • GO2 People does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare GO2 People's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare GO2 People's 1-year growth to the AU Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
GO2 People's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from GO2 People Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:GO2 Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 46.62 -3.59 7.30
2019-03-31 49.52 -2.32 6.66
2018-12-31 52.43 -1.04 6.01
2018-09-30 48.75 -1.19 6.20
2018-06-30 45.07 -1.34 6.39
2018-03-31 41.71 -2.32 7.06
2017-12-31 38.34 -3.30 7.73
2017-09-30 36.59 -3.13 6.80
2017-06-30 34.83 -2.96 5.86
2016-06-30 38.32 1.15 3.01
2015-06-30 20.82 -0.49 1.16

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if GO2 People has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if GO2 People has efficiently used its assets last year compared to the AU Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if GO2 People improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess GO2 People's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
GO2 People has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is GO2 People's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up GO2 People's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GO2 People's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • GO2 People's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of GO2 People's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from GO2 People Company Filings, last reported 4 months ago.

ASX:GO2 Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 1.35 5.73 0.94
2019-03-31 1.35 5.73 0.94
2018-12-31 4.30 7.37 1.49
2018-09-30 4.30 7.37 1.49
2018-06-30 4.91 7.05 2.70
2018-03-31 4.91 7.05 2.70
2017-12-31 5.34 5.71 4.93
2017-09-30 5.34 5.71 4.93
2017-06-30 -2.82 4.67 0.47
2016-06-30 0.36 1.78 0.38
2015-06-30 0.18 3.29 1.73
  • GO2 People's level of debt (423%) compared to net worth is high (greater than 40%).
  • Unable to establish if GO2 People's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making GO2 People has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making GO2 People has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.2% per year.
X
Financial health checks
We assess GO2 People's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. GO2 People has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is GO2 People's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from GO2 People dividends.
If you bought A$2,000 of GO2 People shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate GO2 People's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate GO2 People's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:GO2 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 2.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 390 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.4%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as GO2 People has not reported any payouts.
  • Unable to verify if GO2 People's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of GO2 People's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as GO2 People has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess GO2 People's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can GO2 People afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GO2 People has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of GO2 People's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Billy Ferreira
COMPENSATION A$358,686
CEO Bio

Mr. Abilio L. Ferreira, also known as Billy, is Co-Founder of The GO2 People Limited and serves as its Managing Director. Mr. Ferreira has been a Director at The Go2 People since November 30, 2016. Mr. Ferreira is a graduate of the company directors course at the Australian Institute of Company Directors.

CEO Compensation
  • Billy's compensation has increased whilst company is loss making.
  • Billy's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the GO2 People management team in years:

2.5
Average Tenure
  • The tenure for the GO2 People management team is about average.
Management Team

Billy Ferreira

TITLE
Co-Founder
COMPENSATION
A$359K

Paul Goldfinch

TITLE
Co-Founder
COMPENSATION
A$227K
TENURE
8.8 yrs

Matt Thomson

TITLE
CFO & Joint Company Secretary
COMPENSATION
A$215K
TENURE
2.5 yrs

Peter Torre

TITLE
Joint Company Secretary
COMPENSATION
A$39K
AGE
47
TENURE
2.4 yrs

Fraser Kahler

TITLE
Investor & Share Market Advisor and Member of Advisory Board

George Gear

TITLE
Corporate Governance & Industrial Relations Advisor and Member of Advisory Board

Clint Thorp

TITLE
Operations Advisor & Member of Advisory Board

Dario Amara

TITLE
Construction & Compliance Advisor & Member of Advisory Board
AGE
64

Neal Shoobert

TITLE
Financial Advisor & Member of Advisory Board
Board of Directors Tenure

Average tenure of the GO2 People board of directors in years:

1.7
Average Tenure
  • The average tenure for the GO2 People board of directors is less than 3 years, this suggests a new board.
Board of Directors

Darren Cooper

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$94K

Billy Ferreira

TITLE
Co-Founder
COMPENSATION
A$359K
TENURE
3 yrs

Paul Goldfinch

TITLE
Co-Founder
COMPENSATION
A$227K
TENURE
0.1 yrs

Dickie Dique

TITLE
Independent Non-Executive Director
COMPENSATION
A$68K
TENURE
1.6 yrs

Doug Grewar

TITLE
Member of the Advisory Board
COMPENSATION
A$36K
AGE
59
TENURE
1.8 yrs

Fraser Kahler

TITLE
Investor & Share Market Advisor and Member of Advisory Board

George Gear

TITLE
Corporate Governance & Industrial Relations Advisor and Member of Advisory Board

Clint Thorp

TITLE
Operations Advisor & Member of Advisory Board

Dario Amara

TITLE
Construction & Compliance Advisor & Member of Advisory Board
AGE
64

Neal Shoobert

TITLE
Financial Advisor & Member of Advisory Board
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess GO2 People's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. GO2 People has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Shareholders Own The GO2 People Limited (ASX:GO2)?

Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … GO2 People is a smaller company with a market capitalization of AU$12m, so it may still be flying under the radar of many institutional investors. … institutions don't own many shares in the company.

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What does The GO2 People Limited's (ASX:GO2) Balance Sheet Tell Us About Its Future?

Investors are always looking for growth in small-cap stocks like The GO2 People Limited (ASX:GO2), with a market cap of AU$11m. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

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What You Must Know About The GO2 People Limited's (ASX:GO2) Financial Strength

While small-cap stocks, such as The GO2 People Limited (ASX:GO2) with its market cap of AU$14.75m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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Should You Buy The GO2 People Limited (ASX:GO2) For This Reason?

Looking at GO2 People’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … Cash burn is when a loss-making company spends its equity to fund its expenses before making money from its day-to-day business. … Now you know that if the company was to continue to grow its opex at a double-digit rate, it will not be able to sustain its operations given the current level of cash reserves.

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Is The GO2 People Limited's (ASX:GO2) Balance Sheet Strong Enough To Weather A Storm?

GO2's debt levels surged from AU$1.78M to AU$4.67M over the last 12 months – this includes both the current and long-term debt. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: With a high level of debt on its balance sheet, GO2 could still be in a financially strong position if its cash flow also stacked up.

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Who Are The Largest Shareholders In The GO2 People Limited (ASX:GO2)?

Today, I will be analyzing The GO2 People Limited’s (ASX:GO2) recent ownership structure, an important but not-so-popular subject among individual investors. … Insider Ownership Another important group of shareholders are company insiders. … Private Company Ownership Another group of owners that a potential investor in GO2 should consider are private companies, with a stake of 50.31%.

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How Much Money Does The GO2 People Limited (ASX:GO2) Have Left?

Cash is crucial to run a business, and if a company burns through its reserves fast, it will need to come back to market for additional capital raising. … ASX:GO2 Income Statement Dec 13th 17 When will GO2 People need to raise more cash? … Not surprisingly, if GO2 People continues to ramp up expenditure at this rate for the upcoming year, it’ll likely need to come to market within the next few months, given the its current level of cash reserves.

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Have Investors Already Priced In Service Growth For The GO2 People Limited (ASX:GO2)?

Professional services analysts are forecasting for the entire industry, an extremely robust growth of 69.58% in the upcoming year , and an enormous triple-digit earnings growth over the next couple of years. … ASX:GO2 PE PEG Gauge Dec 5th 17 Professional services companies are typically trading at a PE of 22x, in-line with the Australian stock market PE of 18x. … The industry is trading relatively in-line with the market, which means you may be paying a fair value for the services stocks should you wish to accumulate more of your holdings.

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Why The GO2 People Limited's (ASX:GO2) Investor Composition Impacts Your Returns

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … An ownership of this size indicates a strong financial backing and has the potential to influence GO2's business strategy.

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Company Info

Description

The GO2 People Limited provides recruitment and building services in Australia and New Zealand. Its Recruitment division offers staffing solutions for various sectors, including infrastructure, construction, mining/resources, electrical/energy, waste management, and warehousing/logistics. The company’s Building division provides building, civil, construction, and project management services in the areas of non-process infrastructure, accommodation facilities, civil works, cyclical maintenance, remote/regional commercial, and remote/regional residential construction. It also offers training and education service which delivers boutique services to its clients which includes accredited and non-accredited workplace training and education courses. The company was founded in 2011 and is based in Belmont, Australia.

Details
Name: The GO2 People Limited
GO2
Exchange: ASX
Founded: 2011
A$2,359,291
117,964,583
Website: http://www.thego2people.com.au
Address: The GO2 People Limited
10 Belmont Avenue,
Belmont,
Western Australia, 6104,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX GO2 Ordinary Shares Australian Securities Exchange AU AUD 31. Oct 2017
CHIA GO2 Ordinary Shares Chi-X Australia AU AUD 31. Oct 2017
Number of employees
Current staff
Staff numbers
0
GO2 People employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 10:53
End of day share price update: 2019/11/18 00:00
Last earnings filing: 2019/09/30
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.