Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

LawFinance

ASX:LAW
Snowflake Description

Overvalued with poor track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LAW
ASX
A$27M
Market Cap
  1. Home
  2. AU
  3. Diversified Financials
Company description

LawFinance Limited engages in the medical lien funding, disbursement funding and short-term funding business in Australia and the United States. The last earnings update was 35 days ago. More info.


Add to Portfolio Compare Print
  • LawFinance has significant price volatility in the past 3 months.
LAW Share Price and Events
7 Day Returns
11.1%
ASX:LAW
4%
AU Diversified Financial
1.1%
AU Market
1 Year Returns
-53.8%
ASX:LAW
-36.5%
AU Diversified Financial
-18.9%
AU Market
LAW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
LawFinance (LAW) 11.1% -53.8% -55.2% -53.8% -86.4% -86.7%
AU Diversified Financial 4% -20.8% -30.8% -36.5% -70.2% -75.7%
AU Market 1.1% -20.8% -25% -18.9% -16% -16.4%
1 Year Return vs Industry and Market
  • LAW underperformed the Diversified Financial industry which returned -36.5% over the past year.
  • LAW underperformed the Market in Australia which returned -18.9% over the past year.
Price Volatility
LAW
Industry
5yr Volatility vs Market

LAW Value

 Is LawFinance 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 LawFinance. This is due to cash flow or dividend data being unavailable. The share price is A$0.03.
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 LawFinance's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are LawFinance's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:LAW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.00
ASX:LAW Share Price ** ASX (2020-04-02) in AUD A$0.03
ASX:LAW Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.605 $0.02
Global Diversified Financial Industry PE Ratio Median Figure of 307 Publicly-Listed Diversified Financial Companies 9.21x
Australia Market PE Ratio Median Figure of 515 Publicly-Listed Companies 13.28x

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

** Primary Listing of LawFinance.

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

= ASX:LAW Share Price ÷ EPS (both in USD)

= 0.02 ÷ 0.00

-19.48x

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

  • LawFinance is loss making, we can't compare its value to the Global Diversified Financial industry average.
  • LawFinance is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does LawFinance's expected growth come at a high price?
Raw Data
ASX:LAW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -19.48x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Diversified Financial Industry PEG Ratio Median Figure of 56 Publicly-Listed Diversified Financial Companies 0.42x
Australia Market PEG Ratio Median Figure of 337 Publicly-Listed Companies 1.04x

*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 LawFinance, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on LawFinance's assets?
Raw Data
ASX:LAW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $0.04
ASX:LAW Share Price * ASX (2020-04-02) in AUD A$0.03
ASX:LAW Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.605 $0.02
Australia Diversified Financial Industry PB Ratio Median Figure of 13 Publicly-Listed Diversified Financial Companies 0.82x
Australia Market PB Ratio Median Figure of 1,614 Publicly-Listed Companies 1.23x
ASX:LAW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:LAW Share Price ÷ Book Value per Share (both in USD)

= 0.02 ÷ 0.04

0.48x

* Primary Listing of LawFinance.

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

  • LawFinance is good value based on assets compared to the AU Diversified Financial industry average.
X
Value checks
We assess LawFinance'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 Diversified Financial 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 Diversified Financial industry average (and greater than 0)? (1 check)
  5. LawFinance 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.

LAW Future Performance

 How is LawFinance 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 LawFinance 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
99.1%
Expected Diversified Financial industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is LawFinance expected to grow at an attractive rate?
  • Unable to compare LawFinance's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare LawFinance's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare LawFinance's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:LAW Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Diversified Financial Industry Earnings Growth Rate Market Cap Weighted Average 99.1%
Australia Diversified Financial Industry Revenue Growth Rate Market Cap Weighted Average -87.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 10.1%
Australia Market Revenue Growth Rate Market Cap Weighted Average 4%

*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:LAW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:LAW Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:LAW Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 2 -14 0
2019-06-30 6 11 -28
2019-03-31 5 12 -25
2018-12-31 5 12 -22
2018-06-30 4 3 -5
2018-03-31 4 -11 -5
2017-12-31 16 -12 -3
2017-09-30 16 -13 -2
2017-06-30 3 -13 -4
2017-03-31 8 -10 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if LawFinance is high growth as no earnings estimate data is available.
  • Unable to determine if LawFinance 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:LAW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from LawFinance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:LAW Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:LAW Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.00
2019-06-30 -0.07
2019-03-31 -0.08
2018-12-31 -0.09
2018-06-30 -0.04
2018-03-31 -0.04
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.04
2017-03-31 -0.02

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

Next steps:

  1. Take a look at our analysis of LAW’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. LawFinance'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 Diversified Financials companies here
  3. LawFinance'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 LawFinance'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.
LawFinance 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.

LAW Past Performance

  How has LawFinance 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 LawFinance's growth in the last year to its industry (Diversified Financial).
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.
  • LawFinance does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare LawFinance's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare LawFinance's 1-year growth to the Global Diversified Financial industry average as it is not currently profitable.
Earnings and Revenue History
LawFinance'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 LawFinance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:LAW Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1.66 -0.45 8.97
2019-06-30 5.53 -28.15 10.24
2019-03-31 5.04 -25.30 9.40
2018-12-31 4.55 -22.45 8.56
2018-06-30 4.46 -5.14 3.65
2018-03-31 4.16 -5.19 4.84
2017-12-31 16.31 -2.93 6.06
2017-09-30 15.93 -2.48 5.98
2017-06-30 3.01 -4.35 5.04
2017-03-31 7.61 -2.54 5.17
2016-12-31 4.66 -1.33 4.37
2016-09-30 4.39 -1.22 4.42
2016-06-30 3.74 -1.00 4.08
2015-12-31 -4.50 1.81
2015-09-30 -3.94 1.40
2015-06-30 -3.88 1.16
2014-12-31 -1.07 0.75
2014-09-30 -0.93 0.71
2014-06-30 -0.77 0.67
2013-12-31 -0.82 0.72
2013-09-30 -0.89 0.65
2013-06-30 -0.90 0.54

*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 LawFinance has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • LawFinance used its assets more efficiently than the Global Diversified Financial industry average last year based on Return on Assets.
  • It is difficult to establish if LawFinance 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 LawFinance'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 Diversified Financial 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.
LawFinance has a total score of 1/6, 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.

LAW Health

 How is LawFinance'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 LawFinance's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • LawFinance's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • LawFinance's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of LawFinance'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 not covered by short term assets, assets are 0.3x 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 LawFinance Company Filings, last reported 3 months ago.

ASX:LAW Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 19.79 134.96 5.78
2019-06-30 9.12 146.32 2.76
2019-03-31 9.12 146.32 2.76
2018-12-31 17.97 130.72 3.70
2018-06-30 4.64 35.67 0.93
2018-03-31 4.82 37.11 0.97
2017-12-31 7.04 32.96 1.49
2017-09-30 7.07 33.10 1.50
2017-06-30 7.82 30.53 5.85
2017-03-31 11.27 30.39 5.83
2016-12-31 11.77 16.35 1.35
2016-09-30 12.47 17.33 1.43
2016-06-30 10.32 9.53 4.15
2015-12-31 7.23 0.00 7.27
2015-09-30 6.98 0.00 7.02
2015-06-30 9.27 0.00 8.69
2014-12-31 4.04 0.00 3.26
2014-09-30 4.32 0.00 3.48
2014-06-30 2.58 0.00 3.04
2013-12-31 1.63 0.00 0.38
2013-09-30 1.70 0.00 0.40
2013-06-30 1.55 0.00 0.36
  • LawFinance's level of debt (682%) compared to net worth is high (greater than 40%).
  • Unable to establish if LawFinance'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.

  • LawFinance has less than a year of cash runway based on current free cash flow.
  • LawFinance has less than a year of cash runway if free cash flow continues to reduce at historical rates of -1% each year.
X
Financial health checks
We assess LawFinance'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. LawFinance has a total score of 0/6, 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.

LAW Dividends

 What is LawFinance'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 LawFinance dividends.
If you bought A$2,000 of LawFinance 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 LawFinance's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate LawFinance'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:LAW 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
Global Diversified Financial Industry Average Dividend Yield Market Cap Weighted Average of 160 Stocks 4.7%
Australia Market Average Dividend Yield Market Cap Weighted Average of 370 Stocks 5.5%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.7%
Australia Bottom 25% Dividend Yield 25th Percentile 3.2%
Australia Top 25% Dividend Yield 75th Percentile 8%

Industry and Market average data is calculated daily.

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

ASX:LAW Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as LawFinance has not reported any payouts.
  • Unable to verify if LawFinance's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of LawFinance's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as LawFinance 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 LawFinance's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - 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 LawFinance afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. LawFinance 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.

LAW Management

 What is the CEO of LawFinance'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
Diane Jones
COMPENSATION $408,247
TENURE AS CEO 2.5 years
CEO Bio

Ms. Diane Jones has been the Chief Executive Officer and Executive Director of JustKapital Limited since November 27, 2017, and serves as its Managing Director. Ms. Jones served as Company Secretary of JustKapital Limited since July 1, 2016 until November 15, 2018. Ms. Jones served as Interim Chief Executive Officer of JustKapital Limited since October 31, 2017 until November 27, 2017, served as its Chief Financial Officer and Chief Operating Officer since March 04, 2016 until November 27, 2017. Ms. Jones has over 25 years in management, corporate advisory, finance and accounting experience across a range of listed and unlisted entities in Australia. For the last 9 years Ms. Jones served as the Chief Financial Officer and Company Secretary of a listed litigation funder and for the last 5 years she was also the Chief Operating Officer of that company. Ms. Jones is a Member of the Institute of Chartered Accountants and holds a Masters of Business Administration degree and a Bachelor of Economics degree.

CEO Compensation
  • Diane's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Diane's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the LawFinance management team in years:

2
Average Tenure
  • The average tenure for the LawFinance management team is less than 2 years, this suggests a new team.
Management Team

Diane Jones

TITLE
CEO, MD & Executive Director
COMPENSATION
$408K
TENURE
2.5 yrs

Craig Beatton

TITLE
Chief Financial Officer
COMPENSATION
$156K
TENURE
2.4 yrs

Anthony Hersch

TITLE
Chief Operating Officer
COMPENSATION
$246K
TENURE
2.4 yrs

David Wattel

TITLE
Executive Director
COMPENSATION
$393K

Richard Cruz

TITLE
Chief Operating Officer - NHF
COMPENSATION
$283K
TENURE
1.5 yrs

Sarika Merchant

TITLE
Chief Financial Officer - NHF
COMPENSATION
$254K
TENURE
1.5 yrs

Dean Jagger

TITLE
Company Secretary
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure of the LawFinance board of directors in years:

2.5
Average Tenure
  • The average tenure for the LawFinance board of directors is less than 3 years, this suggests a new board.
Board of Directors

Tim Storey

TITLE
Non-Executive Chairman
COMPENSATION
$28K
AGE
61
TENURE
2.5 yrs

Diane Jones

TITLE
CEO, MD & Executive Director
COMPENSATION
$408K
TENURE
2.4 yrs

David Wattel

TITLE
Executive Director
COMPENSATION
$393K
TENURE
1.6 yrs

Anthony Murphy

TITLE
Non-Executive Director
COMPENSATION
$22K
TENURE
2.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
26. Feb 20 Buy EGP Capital Company 21. Feb 20 21. Feb 20 11,200,000 A$0.06 A$716,789
25. Feb 20 Buy Lucerne Investment Partners Company 21. Feb 20 21. Feb 20 88,699,986 A$0.06 A$5,676,711
07. Jan 20 Buy EGP Capital Company 12. Aug 19 02. Jan 20 28,750,000 A$0.06 A$1,795,355
02. Jan 20 Buy Anthony Murphy Individual 02. Jan 20 02. Jan 20 631,250 A$0.06 A$40,400
28. Oct 19 Buy Anthony Murphy Individual 23. Oct 19 23. Oct 19 4,075 A$0.07 A$297
22. Oct 19 Buy Anthony Murphy Individual 22. Oct 19 22. Oct 19 75,000 A$0.07 A$5,475
10. Oct 19 Buy Anthony Murphy Individual 09. Oct 19 09. Oct 19 524,276 A$0.07 A$36,699
30. Sep 19 Buy Diane Jones Individual 26. Sep 19 30. Sep 19 337,733 A$0.07 A$23,303
23. Sep 19 Buy Anthony Murphy Individual 16. Sep 19 19. Sep 19 420,925 A$0.07 A$27,781
16. Sep 19 Buy Anthony Murphy Individual 12. Sep 19 12. Sep 19 475,724 A$0.06 A$30,446
09. Sep 19 Buy Anthony Murphy Individual 03. Sep 19 04. Sep 19 584,803 A$0.06 A$36,281
09. Sep 19 Buy Anthony Murphy Individual 03. Sep 19 04. Sep 19 765,197 A$0.06 A$47,473
12. Aug 19 Buy EGP Capital Company 12. Aug 19 12. Aug 19 8,700,000 A$0.06 A$558,619
X
Management checks
We assess LawFinance'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. LawFinance 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.

LAW News

Simply Wall St News

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

Check out our latest analysis for LawFinance ASX:LAW Ownership Summary, June 17th 2019 What Does The Institutional Ownership Tell Us About LawFinance? … Private Company Ownership It seems that Private Companies own 6.3%, of the LAW stock. … Public Company Ownership Public companies currently own 9.0% of LAW stock.

Simply Wall St -

If You Had Bought LawFinance (ASX:LAW) Stock Three Years Ago, You'd Be Sitting On A 72% Loss, Today

See our latest analysis for LawFinance LawFinance isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. … A Different Perspective LawFinance shareholders are down 10.0% for the year, but the market itself is up 7.1%.

Simply Wall St -

Do Insiders Own Lots Of Shares In LawFinance Limited (ASX:LAW)?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … LawFinance is a smaller company with a market capitalization of AU$36m, so it may still be flying under the radar of many institutional investors. … institutional investors have bought into the company

Simply Wall St -

LAW Company Info

Description

LawFinance Limited engages in the medical lien funding, disbursement funding and short-term funding business in Australia and the United States. It operates through JustKapital Finance; National Health Finance; and Other segments. The company offers appeal, estate, portfolio, and settlement finance services; and provides investigation and management services, and finance to claimants to progress their claim. It also offers disbursement funding solutions for law firms; and revolving lines of credit and custom-designed financing solutions. The company was formerly known as JustKapital Limited and changed its name to LawFinance Limited in October 2018. LawFinance Limited is based in Sydney, Australia.

Details
Name: LawFinance Limited
LAW
Exchange: ASX
Founded:
A$26,780,523
892,684,106
Website: http://lawfinance.com.au
Address: LawFinance Limited
56 Pitt Street,
Level 16,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX LAW Ordinary Shares Australian Securities Exchange AU AUD 17. May 2000
CHIA LAW Ordinary Shares Chi-X Australia AU AUD 17. May 2000
ASX LAW NPV Australian Securities Exchange AU AUD 03. Apr 2020
Number of employees
Current staff
Staff numbers
0
LawFinance employees.
Industry
Specialized Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 10:32
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2017/08/28
Last earnings filing: 2020/02/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.