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Ignite

ASX:IGN
Snowflake Description

Mediocre balance sheet and overvalued.

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

Ignite Limited, together with its subsidiaries, provides specialist recruitment, on-demand talent, and people services in Australia, New Zealand, and China. The last earnings update was 81 days ago. More info.


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  • Ignite has significant price volatility in the past 3 months.
IGN Share Price and Events
7 Day Returns
-9.7%
ASX:IGN
0.4%
AU Professional Services
-0.1%
AU Market
1 Year Returns
-42.9%
ASX:IGN
20.6%
AU Professional Services
16.5%
AU Market
IGN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ignite (IGN) -9.7% 3.7% -34.9% -42.9% -70.8% -87.6%
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
  • IGN underperformed the Professional Services industry which returned 20.6% over the past year.
  • IGN underperformed the Market in Australia which returned 16.5% over the past year.
Price Volatility
IGN
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Ignite 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
  • It is not possible to calculate the future cash flow value for Ignite. This is due to cash flow or dividend data being unavailable. The share price is A$0.028.
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 Ignite's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ignite's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:IGN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$-0.06
ASX:IGN Share Price ** ASX (2019-11-15) in AUD A$0.03
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 Ignite.

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

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

= 0.03 ÷ -0.06

-0.43x

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

  • Ignite is loss making, we can't compare its value to the AU Professional Services industry average.
  • Ignite is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Ignite's expected growth come at a high price?
Raw Data
ASX:IGN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.43x
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 Ignite, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ignite's assets?
Raw Data
ASX:IGN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$0.10
ASX:IGN Share Price * ASX (2019-11-15) in AUD A$0.03
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:IGN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.03 ÷ 0.10

0.28x

* Primary Listing of Ignite.

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

  • Ignite is good value based on assets compared to the AU Professional Services industry average.
X
Value checks
We assess Ignite'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. Ignite has a total score of 1/6, 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 Ignite 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 Ignite 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 Ignite expected to grow at an attractive rate?
  • Unable to compare Ignite's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ignite's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Ignite's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:IGN 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:IGN 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:IGN Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 153 -1 -6
2019-03-31 159 -4
2018-12-31 125 5 -3
2018-09-30 134 4 -3
2018-06-30 182 1 -3
2018-03-31 177 -3
2017-12-31 173 0 -4
2017-09-30 163 0 -4
2017-06-30 153 0 -4
2017-03-31 162 0 -4
2016-12-31 170 0 -5
2016-09-30 177 0 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ignite is high growth as no earnings estimate data is available.
  • Unable to determine if Ignite 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:IGN 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 Ignite Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:IGN Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 -0.06
2019-03-31 -0.05
2018-12-31 -0.03
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.04
2017-12-31 -0.05
2017-09-30 -0.04
2017-06-30 -0.04
2017-03-31 -0.05
2016-12-31 -0.06
2016-09-30 -0.05

*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 Ignite will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Ignite'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
  2. Ignite's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ignite'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.
Ignite 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 Ignite 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 Ignite'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.
  • Ignite does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Ignite's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ignite's 1-year growth to the AU Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
Ignite'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 Ignite Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:IGN Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 152.90 -5.81 26.98
2019-03-31 158.98 -4.30 27.06
2018-12-31 125.09 -2.80 25.71
2018-09-30 133.66 -2.68 26.58
2018-06-30 182.20 -2.57 28.90
2018-03-31 177.47 -3.42 29.17
2017-12-31 172.73 -4.28 29.45
2017-09-30 163.01 -4.00 29.81
2017-06-30 153.28 -3.72 30.17
2017-03-31 161.57 -4.36 30.27
2016-12-31 169.86 -5.00 30.36
2016-09-30 177.21 -4.43 30.78
2016-06-30 184.57 -3.86 31.20
2016-03-31 183.46 -3.54 31.33
2015-12-31 182.36 -3.22 31.45
2015-09-30 180.66 -7.27 31.93
2015-06-30 178.95 -11.33 32.42
2015-03-31 179.53 -9.93 32.96
2014-12-31 180.10 -8.52 33.49
2014-09-30 179.75 -5.10 33.02
2014-06-30 179.39 -1.68 32.55
2014-03-31 186.49 -22.45 31.79
2013-12-31 193.59 -43.23 31.03
2013-09-30 209.43 -42.72 31.04
2013-06-30 225.28 -42.21 31.05
2013-03-31 243.00 -26.73 32.18
2012-12-31 260.72 -11.24 33.30

*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 Ignite has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ignite 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 Ignite 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 Ignite'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.
Ignite 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 Ignite'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 Ignite's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ignite is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ignite's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ignite'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 4.1x 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 Ignite Company Filings, last reported 4 months ago.

ASX:IGN Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 8.87 5.80 2.22
2019-03-31 8.87 5.80 2.22
2018-12-31 11.76 1.34 2.75
2018-09-30 11.76 1.34 2.75
2018-06-30 14.08 0.63 2.78
2018-03-31 14.08 0.63 2.78
2017-12-31 14.67 5.64 2.66
2017-09-30 14.67 5.64 2.66
2017-06-30 16.59 3.25 1.79
2017-03-31 16.59 3.25 1.79
2016-12-31 19.17 3.15 1.86
2016-09-30 19.17 3.15 1.86
2016-06-30 20.59 1.80 1.40
2016-03-31 20.59 1.80 1.40
2015-12-31 24.30 2.28 2.62
2015-09-30 24.30 2.28 2.62
2015-06-30 24.53 0.50 1.14
2015-03-31 24.53 0.50 1.14
2014-12-31 27.58 1.44 4.82
2014-09-30 27.58 1.44 4.82
2014-06-30 35.49 0.00 2.50
2014-03-31 35.49 0.00 2.50
2013-12-31 35.97 0.44 1.26
2013-09-30 35.97 0.44 1.26
2013-06-30 36.98 0.74 0.97
2013-03-31 36.98 0.74 0.97
2012-12-31 78.23 0.80 0.43
  • Ignite's level of debt (65.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 65.4% today).
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.

  • Ignite has sufficient cash runway for 1.4 years based on current free cash flow.
  • Ignite has less than a year of cash runway if free cash flow continues to reduce at historical rates of -69.8% each year.
X
Financial health checks
We assess Ignite'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. Ignite 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 Ignite'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 Ignite dividends.
If you bought A$2,000 of Ignite 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 Ignite's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ignite'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:IGN 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.

ASX:IGN Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2013-08-21 0.000 0.000
2013-02-20 0.000 0.000
2012-08-30 0.000 0.000
2012-08-22 0.000 0.000
2012-02-28 0.020 4.672
2011-08-23 0.040 8.634
2011-02-21 0.040 6.237
2010-08-25 0.040 5.750
2010-02-22 0.000 0.000
2009-08-28 0.000 0.000
2009-02-25 0.000 0.000

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

  • Unable to perform a dividend volatility check as Ignite has not reported any payouts.
  • Unable to verify if Ignite's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ignite's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ignite 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 Ignite'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 Ignite afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ignite 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 Ignite'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.
  • Ignite has no CEO, or we have no data on them.
Management Team Tenure

Average tenure of the Ignite management team in years:

2.9
Average Tenure
  • The tenure for the Ignite management team is about average.
Management Team

Garry Sladden

TITLE
Executive Chairman
COMPENSATION
A$190K
AGE
58
TENURE
0.6 yrs

Mahendra Tharmarajah

TITLE
Chief Financial Officer
COMPENSATION
A$337K
TENURE
2.9 yrs

Ian Gilmour

TITLE
Company Secretary
AGE
72
TENURE
3 yrs
Board of Directors Tenure

Average tenure and age of the Ignite board of directors in years:

3.7
Average Tenure
58
Average Age
  • The tenure for the Ignite board of directors is about average.
Board of Directors

Garry Sladden

TITLE
Executive Chairman
COMPENSATION
A$190K
AGE
58
TENURE
4.8 yrs

Jennifer Elliott

TITLE
Independent Non-Executive Director
COMPENSATION
A$59K
AGE
53
TENURE
5.5 yrs

Craig Saphin

TITLE
Independent Non-Executive Director
COMPENSATION
A$59K
AGE
62
TENURE
2.7 yrs

Fred van der Tang

TITLE
Independent Non-Executive Director
COMPENSATION
A$26K
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
02. May 19 Sell Oc20181 Pty Ltd Company 17. Apr 19 17. Apr 19 -200,000 A$0.05 A$-11,000
03. Mar 19 Sell Oc121 Pty Ltd Company 01. Mar 19 01. Mar 19 -9,910,842 A$0.05 A$-525,270
X
Management checks
We assess Ignite'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. Ignite 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

Is Ignite (ASX:IGN) Using Debt In A Risky Way?

When analysing debt levels, the balance sheet is the obvious place to start. … So although it is loss-making, it doesn't seem to have too much near-term balance sheet risk, keeping in mind the net cash. … If you're interested in investing in businesses that can grow profits without the burden of debt, then check out this free list of growing businesses that have net cash on the balance sheet.

Simply Wall St -

Do Insiders Own Shares In Ignite Limited (ASX:IGN)?

Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. … View our latest analysis for Ignite ASX:IGN Ownership Summary, May 14th 2019 What Does The Institutional Ownership Tell Us About Ignite? … Insider Ownership Of Ignite The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

Is Ignite Limited (ASX:IGN) A Financially Sound Company?

Ignite Limited (ASX:IGN) is a small-cap stock with a market capitalization of AU$4.0m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

Can We See Significant Insider Ownership On The Ignite Limited (ASX:IGN) Share Register?

Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … I quite like to see at least a little bit of insider ownership. … With a market capitalization of AU$4.7m, Ignite is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Company Info

Description

Ignite Limited, together with its subsidiaries, provides specialist recruitment, on-demand talent, and people services in Australia, New Zealand, and China. The company offers permanent and contingent recruitment, and payroll services; and outsourced recruitment and human resource consulting services. It is also involved in the provision of pre-qualified information technology resources to deliver on demand solutions. The company provides its services under the Ignite and Lloyd Morgan brand names. It serves accounting, finance, architecture, construction, engineering, property, business support, human resources, legal, information management, IT, digital, and sales and marketing industries. The company was formerly known as Clarius Group Limited. Ignite Limited was founded in 1984 and is headquartered in Sydney, Australia.

Details
Name: Ignite Limited
IGN
Exchange: ASX
Founded: 1984
A$2,508,300
89,582,175
Website: http://www.igniteco.com
Address: Ignite Limited
1 York Street,
Level 9,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX IGN Ordinary Shares Australian Securities Exchange AU AUD 20. Jan 1997
CHIA IGN Ordinary Shares Chi-X Australia AU AUD 20. Jan 1997
Number of employees
Current staff
Staff numbers
230
Ignite 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 10:31
End of day share price update: 2019/11/15 00:00
Last earnings filing: 2019/08/30
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.