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Adveritas

ASX:AV1
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AV1
ASX
A$38M
Market Cap
  1. Home
  2. AU
  3. Media
Company description

Adveritas Limited provides digital advertising fraud prevention services through its software as a service in Australia and internationally. The last earnings update was 61 days ago. More info.


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  • Adveritas has significant price volatility in the past 3 months.
AV1 Share Price and Events
7 Day Returns
25.7%
ASX:AV1
1.8%
AU Interactive Media and Services
-0.1%
AU Market
1 Year Returns
168.3%
ASX:AV1
38.2%
AU Interactive Media and Services
16.5%
AU Market
AV1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Adveritas (AV1) 25.7% 37.5% 109.5% 168.3% 10% -
AU Interactive Media and Services 1.8% -3.9% 2.5% 38.2% 76.9% 102.9%
AU Market -0.1% 1.5% 3.5% 16.5% 21.9% 20.6%
1 Year Return vs Industry and Market
  • AV1 outperformed the Interactive Media and Services industry which returned 38.2% over the past year.
  • AV1 outperformed the Market in Australia which returned 16.5% over the past year.
Price Volatility
AV1
Industry
5yr Volatility vs Market

Value

 Is Adveritas 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 Adveritas. This is due to cash flow or dividend data being unavailable. The share price is A$0.22.
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 Adveritas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Adveritas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:AV1 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:AV1 Share Price ** ASX (2019-11-18) in AUD A$0.22
Global Interactive Media and Services Industry PE Ratio Median Figure of 118 Publicly-Listed Interactive Media and Services Companies 29.44x
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 Adveritas.

ASX:AV1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:AV1 Share Price ÷ EPS (both in AUD)

= 0.22 ÷ -0.05

-4.31x

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

  • Adveritas is loss making, we can't compare its value to the Global Interactive Media and Services industry average.
  • Adveritas is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Adveritas's expected growth come at a high price?
Raw Data
ASX:AV1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Interactive Media and Services Industry PEG Ratio Median Figure of 74 Publicly-Listed Interactive Media and Services Companies 1.49x
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 Adveritas, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Adveritas's assets?
Raw Data
ASX:AV1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$0.01
ASX:AV1 Share Price * ASX (2019-11-18) in AUD A$0.22
Australia Interactive Media and Services Industry PB Ratio Median Figure of 20 Publicly-Listed Interactive Media and Services Companies 7.33x
Australia Market PB Ratio Median Figure of 1,584 Publicly-Listed Companies 1.75x
ASX:AV1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:AV1 Share Price ÷ Book Value per Share (both in AUD)

= 0.22 ÷ 0.01

16.3x

* Primary Listing of Adveritas.

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

  • Adveritas is overvalued based on assets compared to the AU Interactive Media and Services industry average.
X
Value checks
We assess Adveritas'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 Interactive Media and 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 Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. Adveritas 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.

Future Performance

 How is Adveritas 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 Adveritas 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
28.8%
Expected Interactive Media and Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Adveritas expected to grow at an attractive rate?
  • Unable to compare Adveritas's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Adveritas's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Adveritas's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:AV1 Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 28.8%
Australia Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 7.3%
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:AV1 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:AV1 Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 1 -7 -7
2018-12-31 0 -6 -6
2018-09-30 0 -6 -7
2018-06-30 -6 -7
2017-12-31 -15 -1 -8
2017-09-30 -8 1 -7
2017-06-30 0 2 -5
2017-03-31 33 2 -1
2016-12-31 30 3 -3
2016-09-30 31 2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Adveritas is high growth as no earnings estimate data is available.
  • Unable to determine if Adveritas 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:AV1 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 Adveritas Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:AV1 Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 -0.05
2018-12-31 -0.06
2018-09-30 -0.07
2018-06-30 -0.09
2017-12-31 -0.12
2017-09-30 -0.10
2017-06-30 -0.08
2017-03-31 -0.02
2016-12-31 -0.05
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 Adveritas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Adveritas'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. Adveritas'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 Media companies here
  3. Adveritas'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 Adveritas'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.
Adveritas 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 Adveritas 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 Adveritas's growth in the last year to its industry (Interactive Media and 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.
  • Adveritas does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Adveritas's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Adveritas's 1-year growth to the Global Interactive Media and Services industry average as it is not currently profitable.
Earnings and Revenue History
Adveritas'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 Adveritas Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:AV1 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 0.64 -6.64 2.13
2018-12-31 0.32 -5.90 1.42
2018-09-30 0.20 -6.58 1.32
2018-06-30 -7.25 1.23
2017-12-31 -15.14 -8.12 -1.98
2017-09-30 -7.55 -6.58 -0.46
2017-06-30 0.05 -5.03 1.07
2017-03-31 33.35 -1.28 8.42
2016-12-31 29.67 -2.99 9.09
2016-09-30 30.90 -3.32 9.83
2016-06-30 32.12 -3.65 10.58
2016-03-31 29.18 -6.59 10.24
2015-12-31 26.25 -9.54 9.90
2015-09-30 19.05 -9.93 7.61
2015-06-30 11.85 -10.33 5.33
2015-03-31 7.58 -6.68 3.11
2014-12-31 3.31 -3.02 0.89
2014-09-30 2.22 -2.39 1.12
2014-06-30 1.14 -1.75 1.36
2013-06-30 6.43 2.07 1.97

*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 Adveritas has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Adveritas has efficiently used its assets last year compared to the Global Interactive Media and Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Adveritas 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 Adveritas'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 Interactive Media and 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.
Adveritas 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 Adveritas'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 Adveritas's finances.

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

ASX:AV1 Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 2.14 0.00 2.08
2018-12-31 4.00 0.00 3.96
2018-09-30 4.00 0.00 3.96
2018-06-30 3.77 0.00 4.09
2017-12-31 7.76 0.20 6.87
2017-09-30 7.76 0.20 6.87
2017-06-30 8.20 1.10 8.25
2017-03-31 8.20 1.10 8.25
2016-12-31 7.19 0.00 5.25
2016-09-30 7.19 0.00 5.25
2016-06-30 8.04 0.00 5.61
2016-03-31 8.04 0.00 5.61
2015-12-31 6.97 0.33 4.93
2015-09-30 6.97 0.33 4.93
2015-06-30 7.12 0.65 6.24
2015-03-31 7.12 0.65 6.24
2014-12-31 -2.59 2.22 0.40
2014-09-30 -2.59 2.22 0.40
2014-06-30 -0.42 0.29 0.05
2013-06-30 1.33 0.00 0.05
  • Adveritas has no debt.
  • Adveritas currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Adveritas has less than a year of cash runway based on current free cash flow.
  • Adveritas has less than a year of cash runway if free cash flow continues to grow at historical rates of 112.5% each year.
X
Financial health checks
We assess Adveritas'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. Adveritas has a total score of 4/6, 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 Adveritas'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 Adveritas dividends.
If you bought A$2,000 of Adveritas 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 Adveritas's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Adveritas'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:AV1 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 Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 42 Stocks 0.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 390 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.4%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Adveritas has not reported any payouts.
  • Unable to verify if Adveritas's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Adveritas's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Adveritas 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 Adveritas'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 Adveritas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Adveritas 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 Adveritas'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
Mathew Ratty
COMPENSATION A$448,796
TENURE AS CEO 1.7 years
CEO Bio

Mr. Mathew Ratty has been the Chief Executive Officer of Tech Mpire Limited since November 2018. Mr. Ratty served as Interim Managing Director and CEO of Tech Mpire Limited since March 20, 2018 until November 2018. He served as the Interim CEO of Tech Mpire Limited since March 20, 2018 until 2018 and served as its Executive Director of Corporate Development. He is Co-Founder and Head of Investment at MC Management Group Pty Ltd. Mr. Ratty has extensive experience across capital raising advice, seed investment negotiation, corporate strategy and financial modelling. He is responsible for negotiating deal structures and asset pricing for companies in the healthcare, financials and technology equities space. Mr. Ratty is an experienced investor focused on Australian and US equity and debt markets. From 2009 to 2013, he served as an Analyst at Gladstone Bridge Pty Ltd. Mr. Ratty served as a Non-Executive Director of Admedus Limited since May 27, 2016 until May 20, 2018. He served as a Director of Gladstone Bridge Pty Ltd and oversaw its asset allocation. He has been Director of Tech Mpire Limited from February 2017. He holds a First Class Honours degree in Finance from Curtin University as well as a Bachelor of Commerce degree specialising in property and corporate finance.

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

Average tenure of the Adveritas management team in years:

1.8
Average Tenure
  • The average tenure for the Adveritas management team is less than 2 years, this suggests a new team.
Management Team

Mathew Ratty

TITLE
CEO & Director
COMPENSATION
A$449K
TENURE
1.7 yrs

Fiona Muir

TITLE
Chief Financial Officer
COMPENSATION
A$131K
TENURE
1.4 yrs

Luke Anthony Taylor

TITLE
Founder & COO
COMPENSATION
A$383K

Dave Cox

TITLE
Chief Revenue Officer
COMPENSATION
A$721K
TENURE
1.8 yrs

Susan Hunter

TITLE
Company Secretary
COMPENSATION
A$59K
AGE
44
TENURE
2.2 yrs

Eric Rosenburg

TITLE
Vice President of Sales North America
Board of Directors Tenure

Average tenure of the Adveritas board of directors in years:

2.3
Average Tenure
  • The average tenure for the Adveritas board of directors is less than 3 years, this suggests a new board.
Board of Directors

Stephen Belben

TITLE
Non Executive Chairman
COMPENSATION
A$118K
TENURE
3.8 yrs

Mathew Ratty

TITLE
CEO & Director
COMPENSATION
A$449K
TENURE
2.8 yrs

Renaud Besnard

TITLE
Non-Executive Director
COMPENSATION
A$96K
TENURE
2.3 yrs

Mark McConnell

TITLE
Director
COMPENSATION
A$67K
AGE
47
TENURE
0.8 yrs

Andrew Stott

TITLE
Director
COMPENSATION
A$67K
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Adveritas individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
15. Oct 19 Buy Mera Vale No 4 Trust Company 15. Oct 19 15. Oct 19 10,000,000 A$0.10 A$1,000,003
15. Oct 19 Buy Mathew Ratty Individual 15. Oct 19 15. Oct 19 3,000,000 A$0.10 A$300,001
12. Dec 18 Sell Eugeni Tsvetnenko Individual 07. Dec 18 07. Dec 18 -1,333,333 A$0.10 A$-133,381
X
Management checks
We assess Adveritas'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. Adveritas 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

Do Insiders Own Lots Of Shares In Adveritas Limited (ASX:AV1)?

Taking a look at our data on the ownership groups (below), it's seems that institutions don't own many shares in the company. … Check out our latest analysis for Adveritas ASX:AV1 Ownership Summary, August 16th 2019 What Does The Institutional Ownership Tell Us About Adveritas? … Insider Ownership Of Adveritas The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

Could Adveritas Limited's (ASX:AV1) Investor Composition Influence The Stock Price?

The big shareholder groups in Adveritas Limited (ASX:AV1) have power over the company. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

If You Had Bought Adveritas Stock Three Years Ago, You'd Be Sitting On A 72% Loss, Today

Adveritas Limited (ASX:AV1) shareholders will doubtless be very grateful to see the share price up 47% in the last month. … Adveritas 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). … It's worth remembering that investors call buying a steeply falling share price 'catching a falling knife' because it is a dangerous pass time.

Simply Wall St -

Adveritas Limited (ASX:AV1) Insiders Have Been Selling

So we'll take a look at whether insiders have been buying or selling shares in Adveritas Limited (ASX:AV1). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … That means that an insider was selling shares at around the current price of AU$0.09.

Simply Wall St -

Company Info

Description

Adveritas Limited provides digital advertising fraud prevention services through its software as a service in Australia and internationally. It develops TrafficGuard software as a service platform that detects, mitigates, and reports on digital advertising fraud before the fraud impacts on the advertisers’ budgets; and nxus, a proprietary mediation platform that provides real-time attribution tracking, analytics, and reporting data for online advertising. The company was formerly known as Tech Mpire Limited and changed its name to Adveritas Limited in December 2018. Adveritas Limited is based in Bentley, Australia.

Details
Name: Adveritas Limited
AV1
Exchange: ASX
Founded:
A$37,521,784
187,608,924
Website: http://www.adveritas.com.au
Address: Adveritas Limited
16 Brodie Hall Drive,
Suite 10,
Bentley,
Western Australia, 6102,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX AV1 Ordinary Shares Australian Securities Exchange AU AUD 01. Jul 2015
DB 4TM Ordinary Shares Deutsche Boerse AG DE EUR 01. Jul 2015
Number of employees
Current staff
Staff numbers
0
Adveritas employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 10:35
End of day share price update: 2019/11/18 00:00
Last earnings filing: 2019/09/19
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.