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Abundant Produce

ASX:ABT
Snowflake Description

Excellent balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ABT
ASX
A$5M
Market Cap
  1. Home
  2. AU
  3. Food, Beverage & Tobacco
Company description

Abundant Produce Limited develops, produces, and commercializes cucumber and tomato seeds in Australia. The last earnings update was 44 days ago. More info.


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ABT Share Price and Events
7 Day Returns
1.7%
ASX:ABT
-0.4%
AU Food
1.3%
AU Market
1 Year Returns
-70.5%
ASX:ABT
-10%
AU Food
9.9%
AU Market
ABT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Abundant Produce (ABT) 1.7% 0% 9.3% -70.5% -91.9% -
AU Food -0.4% 2.4% -2.3% -10% -6.5% 31.9%
AU Market 1.3% -0.6% -1% 9.9% 17.6% 17.8%
1 Year Return vs Industry and Market
  • ABT underperformed the Food industry which returned -10% over the past year.
  • ABT underperformed the Market in Australia which returned 9.9% over the past year.
Price Volatility
ABT
Industry
5yr Volatility vs Market

ABT Value

 Is Abundant Produce 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 Abundant Produce. This is due to cash flow or dividend data being unavailable. The share price is A$0.059.
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 Abundant Produce's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Abundant Produce's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:ABT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$-0.05
ASX:ABT Share Price ** ASX (2019-10-11) in AUD A$0.06
Australia Food Industry PE Ratio Median Figure of 21 Publicly-Listed Food Companies 25.25x
Australia Market PE Ratio Median Figure of 557 Publicly-Listed Companies 17.93x

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

** Primary Listing of Abundant Produce.

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

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

= 0.06 ÷ -0.05

-1.13x

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

  • Abundant Produce is loss making, we can't compare its value to the AU Food industry average.
  • Abundant Produce is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Abundant Produce's expected growth come at a high price?
Raw Data
ASX:ABT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.13x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Food Industry PEG Ratio Median Figure of 13 Publicly-Listed Food Companies 1.47x
Australia Market PEG Ratio Median Figure of 357 Publicly-Listed Companies 1.69x

*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 Abundant Produce, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Abundant Produce's assets?
Raw Data
ASX:ABT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$0.04
ASX:ABT Share Price * ASX (2019-10-11) in AUD A$0.06
Australia Food Industry PB Ratio Median Figure of 43 Publicly-Listed Food Companies 1.24x
Australia Market PB Ratio Median Figure of 1,705 Publicly-Listed Companies 1.8x
ASX:ABT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.06 ÷ 0.04

1.58x

* Primary Listing of Abundant Produce.

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

  • Abundant Produce is overvalued based on assets compared to the AU Food industry average.
X
Value checks
We assess Abundant Produce'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 Food 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 Food industry average (and greater than 0)? (1 check)
  5. Abundant Produce has a total score of 0/6, 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.

ABT Future Performance

 How is Abundant Produce 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 Abundant Produce 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
35.7%
Expected Food industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Abundant Produce expected to grow at an attractive rate?
  • Unable to compare Abundant Produce's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Abundant Produce's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Abundant Produce's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:ABT Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Food Industry Earnings Growth Rate Market Cap Weighted Average 35.7%
Australia Food Industry Revenue Growth Rate Market Cap Weighted Average 9.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 10.2%
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:ABT 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 AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:ABT Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 1 -2 -3
2019-03-31 2 -1 -2
2018-12-31 2 -1 -2
2018-09-30 1 -1 -2
2018-06-30 1 -2 -2
2018-03-31 1 -2 -2
2017-12-31 1 -2 -2
2017-09-30 1 -2 -2
2017-06-30 0 -1 -1
2017-03-31 0 -1 -2
2016-12-31 0 -1 -2
2016-09-30 0 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Abundant Produce is high growth as no earnings estimate data is available.
  • Unable to determine if Abundant Produce 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:ABT 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 Abundant Produce Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ABT Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 -0.05
2019-03-31 -0.04
2018-12-31 -0.03
2018-09-30 -0.04
2018-06-30 -0.04
2018-03-31 -0.04
2017-12-31 -0.04
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.03
2016-12-31 -0.10
2016-09-30 -0.10

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

Next steps:

  1. Examine Abundant Produce's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Abundant Produce'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 Food, Beverage & Tobacco companies here
  3. Abundant Produce'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 Abundant Produce'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.
Abundant Produce 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.

ABT Past Performance

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

ASX:ABT 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 1.37 -3.04 2.94 0.24
2019-03-31 1.53 -2.39 2.60 0.29
2018-12-31 1.68 -1.91 1.77 0.51
2018-09-30 1.41 -1.97 1.65 0.48
2018-06-30 1.13 -1.86 2.02 0.28
2018-03-31 0.95 -1.83 1.50 0.14
2017-12-31 0.76 -1.80 0.97 0.00
2017-09-30 0.59 -1.53 0.83 0.00
2017-06-30 0.43 -1.25 0.69
2017-03-31 0.35 -1.55 1.13 0.08
2016-12-31 0.27 -1.85 1.56 0.15
2016-09-30 0.42 -1.44 1.39 0.08
2016-06-30 0.56 -1.03 1.21 0.01
2015-06-30 0.62 0.34 0.01 0.02
2014-06-30 0.00 0.03 0.01
2013-06-30 0.00 0.14 0.01

*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 Abundant Produce has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Abundant Produce has efficiently used its assets last year compared to the AU Food industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Abundant Produce 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 Abundant Produce'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 Food 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.
Abundant Produce 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.

ABT Health

 How is Abundant Produce'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 Abundant Produce's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Abundant Produce is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Abundant Produce has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Abundant Produce'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.
  • Abundant Produce has no debt, it does not need to be covered by short term assets.
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 Abundant Produce Company Filings, last reported 3 months ago.

ASX:ABT Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 2.26 0.00 1.95
2019-03-31 2.26 0.00 1.95
2018-12-31 4.14 0.00 2.97
2018-09-30 4.14 0.00 2.97
2018-06-30 4.17 0.00 2.55
2018-03-31 4.17 0.00 2.55
2017-12-31 4.92 0.00 3.27
2017-09-30 4.92 0.00 3.27
2017-06-30 2.71 0.00 1.12
2017-03-31 2.71 0.00 1.12
2016-12-31 3.41 0.00 1.68
2016-09-30 3.41 0.00 1.68
2016-06-30 3.96 0.00 2.51
2015-06-30 0.80 0.00 0.01
2014-06-30 0.71 0.00 0.00
2013-06-30 0.55 0.00 0.00
  • Abundant Produce has no debt.
  • Abundant Produce has not taken on any debt in the past 5 years.
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.

  • Abundant Produce has sufficient cash runway for 1.1 years based on current free cash flow.
  • Abundant Produce has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.5% each year.
X
Financial health checks
We assess Abundant Produce'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. Abundant Produce has a total score of 5/6, 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.

ABT Dividends

 What is Abundant Produce'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 Abundant Produce dividends.
If you bought A$2,000 of Abundant Produce 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 Abundant Produce's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Abundant Produce'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:ABT 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 Food Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 3.1%
Australia Market Average Dividend Yield Market Cap Weighted Average of 407 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
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 Abundant Produce has not reported any payouts.
  • Unable to verify if Abundant Produce's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Abundant Produce's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Abundant Produce 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 Abundant Produce's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - 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 Abundant Produce afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Abundant Produce 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.

ABT Management

 What is the CEO of Abundant Produce'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
Tony Crimmins
COMPENSATION A$96,000
AGE 57
CEO Bio

Mr. Anthony Stephen Crimmins, also known as Tony, BEng, ME, Dip Mark, MBA, served as Non-Executive Director of Jatenergy Limited since November 15, 2018 until January 25, 2019. Mr. Crimmins serves as Chief Executive Officer of Abundant Produce Australia Pty Ltd., and has been its Executive Director since April 26, 2016. Mr. Crimmins serves as the Chief Executive Officer of Abundant Produce Pty Ltd and has been its Executive Director since April 26, 2016. He was the Executive Chairman of Jatenergy Limited since May 22, 2012 until July 2018. He was Managing Director and Director of Jatenergy Limited since July 2018 until November 15, 2018 and May 22, 2012 until November 15, 2018 respectively. He has been Executive Chairman and Executive Director of EcoMag Limited since July 23, 2015. Mr. Crimmins has been a Business Development Officer of Jatoil Limited since 2008. He served as an Executive of Cellmid Limited. He was a Technology Commercialiser for 15 years and served as a General Manager, Business Development Manager, Project Manager and Coommerciafiser of technology-based products and services. He served as Business Development Officer of Jatenergy Limited since 2008. He worked for 6 years as an environmental engineer and business development manager in Asia and has a level fluency in Mandarin and an understanding of Asian business practices. He has also previously worked as a general manager, project manager and in commercialisation of technology-based products and services. He served as the Chairman of RKS Consolidated Limited until August 2011. He served as the Chairman of Land & Mineral Exploration Ltd. from March 14, 2013 to December 9, 2013. He serves as a Director of Oriental Crystal and Digital and Voice Media Ltd. He has been a Director of Retail Star Limited since August 15, 2006. He serves as a Non-Executive Director of Wel-come Stranger Mining Ltd., Land & Mineral Ltd. and Reco Financial Services Limited. Mr. Crimmins served as Director of Shale Energy Limited and Welcome Stranger Mining Limited (now known as Riddock International Limited) since October 7, 2010 until September 7, 2015. He serves as a Director of MUI Corporation Limited. He served as a Director of AAT Corporation Limited from February 16, 2012 to August 1, 2012. He served as a Director of RKS Consolidated Limited from June 09, 2010 to August 02, 2011. He served as a Non Executive Director of Land & Mineral Exploration Ltd. (formerly, Bligh Mining Limited) from May 12, 2012 to December 9, 2013. He served as a Non-Executive Director of Blackcrest Resources Limited since May 12, 2010 and served as its Director from June 15, 2006 to May 14, 2008. He served as a Director of Agri-Trade Holdings Limited (now known as IVS Holdings Limited) from May 31, 2010 to January 12, 2011. He served as a Non-Executive Director of Xstate Resources Limited from November 30, 2004 to September 20, 2006 and SubZero Group Limited until April 15, 2013. He served as a Director of Resource Star Limited (now known as Intiger Group Limited) from August 15, 2006 to August 6, 2007. He served as a Non Executive Director of SVC Group Limited since September 1, 2011. He served as a Non Executive Director of Tangiers Petroleum Limited (now known as 88 Energy Limited) from April 22, 2005 to April 5, 2008. Mr. Crimmins has Master of Chemical Engineering and Bachelor's Degree from University Of New South Wales and a Master of Business Administration degree in Marketing from University Of Technology Sydney.

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

Graham Brown

TITLE
Executive Chairman
COMPENSATION
A$36K

Tony Crimmins

TITLE
CEO & Executive Director
COMPENSATION
A$96K
AGE
57

Brett Crowley

TITLE
Company Secretary
AGE
62
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure of the Abundant Produce board of directors in years:

2.8
Average Tenure
  • The average tenure for the Abundant Produce board of directors is less than 3 years, this suggests a new board.
Board of Directors

Graham Brown

TITLE
Executive Chairman
COMPENSATION
A$36K
TENURE
2.8 yrs

Tony Crimmins

TITLE
CEO & Executive Director
COMPENSATION
A$96K
AGE
57
TENURE
3.5 yrs

Seona Wallace

TITLE
Non-Executive Director
COMPENSATION
A$39K
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
12. Nov 18 Buy EcoMag Limited Company 12. Nov 18 12. Nov 18 5,000,000 A$0.20 A$999,995
X
Management checks
We assess Abundant Produce'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. Abundant Produce 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.

ABT News

Simply Wall St News

Do Institutions Own Abundant Produce Limited (ASX:ABT) Shares?

With a market capitalization of AU$3.6m, Abundant Produce is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Abundant Produce ASX:ABT Ownership Summary, August 20th 2019 What Does The Institutional Ownership Tell Us About Abundant Produce? … Insider Ownership Of Abundant Produce The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St -

Easy Come, Easy Go: How Abundant Produce (ASX:ABT) Shareholders Got Unlucky And Saw 93% Of Their Cash Evaporate

Check out our latest analysis for Abundant Produce Abundant Produce isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … A Different Perspective Over the last year, Abundant Produce shareholders took a loss of 86%. … Shareholders have lost 58% per year over the last three years, so the share price drop has become steeper, over the last year; a potential symptom of as yet unsolved challenges.

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Could Abundant Produce Limited's (ASX:ABT) Investor Composition Influence The Stock Price?

Generally speaking, as a company grows, institutions will increase their ownership. … Conversely, insiders often decrease their ownership over time. … Taking a look at the our data on the ownership groups (below), it's seems that.

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Do Insiders Own Shares In Abundant Produce Limited (ASX:ABT)?

A look at the shareholders of Abundant Produce Limited (ASX:ABT) can tell us which group is most powerful. … Taking a look at the our data on the ownership groups (below), it's seems that. … We can zoom in on the different ownership groups, to learn more about ABT

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What's The Cash Runway For Abundant Produce Limited (ASX:ABT)?

Abundant Produce Limited (ASX:ABT) continues its loss-making streak, announcing negative earnings for its latest financial year ending. … The single most important question to ask when you’re investing in a loss-making company is – will they need to raise cash again, and if so, when? … Today I’ve examined Abundant Produce’s financial data from its most recent earnings update, to roughly assess when the company may need to raise new capital.

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Why Abundant Produce Limited's (ASX:ABT) CEO Pay Matters To You

ASX:ABT Past Future Earnings May 12th 18 Is ABT's CEO overpaid relative to the market? … Usually I would look at market cap and earnings as a proxy for performance, however, ABT's negative earnings reduces the effectiveness of this method. … If you have not done so already, I urge you to complete your research by taking a look at the following: Governance: To find out more about ABT's governance, look through our infographic report of the company's board and management.

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Is Abundant Produce Limited (ASX:ABT) Growing Too Fast?

View our latest analysis for Abundant Produce What is cash burn? … My cash burn analysis suggests that Abundant Produce has a cash runway of 2.5 years, given its current level of cash holdings. … Even though this is analysis is fairly basic, and Abundant Produce still can cut its overhead in the near future, or raise debt capital instead of coming to equity markets, the analysis still helps us understand how sustainable the Abundant Produce’s operation is, and when things may have to change.

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Did Abundant Produce Limited's (ASX:ABT) Earnings Growth Outperform The Industry?

Assessing Abundant Produce Limited's (ASX:ABT) past track record of performance is a valuable exercise for investors. … ASX:ABT Income Statement Mar 31st 18 We can further analyze Abundant Produce's loss by looking at what the industry has been experiencing over the past few years. … This means that though Abundant Produce is presently running a loss, whatever recent headwind the industry is enduring, Abundant Produce is relatively better-cushioned than its peers.What does this mean?

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Breaking Down Abundant Produce Limited's (ASX:ABT) Ownership Structure

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. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in ABT need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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Should You Be Concerned About Abundant Produce Limited's (ASX:ABT) 70% Earnings Decline?

When Abundant Produce Limited (ASX:ABT) released its most recent earnings update (30 June 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … See our latest analysis for Abundant Produce Was ABT's recent earnings decline indicative of a tough track record? … Abundant Produce's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

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ABT Company Info

Description

Abundant Produce Limited develops, produces, and commercializes cucumber and tomato seeds in Australia. It also develops and sells a range of nutraceutical skin-care products. The company is based in Chatswood, Australia.

Details
Name: Abundant Produce Limited
ABT
Exchange: ASX
Founded:
A$4,915,339
83,310,833
Website: http://www.abundantproduce.com
Address: Abundant Produce Limited
376-380 Eastern Valley Way,
Unit 23,
Chatswood,
New South Wales, 2067,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX ABT Share Capital Australian Securities Exchange AU AUD 26. Apr 2016
CHIA ABT Share Capital Chi-X Australia AU AUD 26. Apr 2016
Number of employees
Current staff
Staff numbers
0
Abundant Produce employees.
Industry
Agricultural Products
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/13 10:47
End of day share price update: 2019/10/11 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.