Loading...

We've got a brand new version of Simply Wall St! Try it out

Thred

ASX:THD
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
THD
ASX
A$4M
Market Cap
  1. Home
  2. AU
  3. Media
Company description

Thred Limited does not have significant operations. The last earnings update was 82 days ago. More info.


Add to Portfolio Compare Print
  • Thred has significant price volatility in the past 3 months.
THD Share Price and Events
7 Day Returns
0%
ASX:THD
1.8%
AU Interactive Media and Services
-0.1%
AU Market
1 Year Returns
-20%
ASX:THD
38.2%
AU Interactive Media and Services
16.5%
AU Market
THD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Thred (THD) 0% 0% 0% -20% -89.5% -
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
  • THD underperformed the Interactive Media and Services industry which returned 38.2% over the past year.
  • THD underperformed the Market in Australia which returned 16.5% over the past year.
Price Volatility
THD
Industry
5yr Volatility vs Market

Value

 Is Thred 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 Thred. This is due to cash flow or dividend data being unavailable. The share price is A$0.002.
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 Thred's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Thred's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:THD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$0.00
ASX:THD Share Price ** ASX (2019-09-24) in AUD A$0
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 Thred.

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

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

= 0 ÷ 0.00

-4.69x

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

  • Thred is loss making, we can't compare its value to the Global Interactive Media and Services industry average.
  • Thred is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Thred's expected growth come at a high price?
Raw Data
ASX:THD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.69x
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 Thred, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Thred's assets?
Raw Data
ASX:THD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$0.00
ASX:THD Share Price * ASX (2019-09-24) in AUD A$0
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:THD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0 ÷ 0.00

2.02x

* Primary Listing of Thred.

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

  • Thred is good value based on assets compared to the AU Interactive Media and Services industry average.
X
Value checks
We assess Thred'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. Thred has a total score of 1/6, see the detailed checks below.

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

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

Future Performance

 How is Thred 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 Thred 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 Thred expected to grow at an attractive rate?
  • Unable to compare Thred's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Thred's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Thred's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:THD 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:THD 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:THD Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 0 -1 -1
2018-12-31 2 -3 -3
2018-09-30 2 -3 -3
2018-06-30 0 -3 -2
2018-03-31 0 -4 -4
2017-12-31 0 -4 -6
2017-09-30 0 -5 -4
2017-06-30 -6 -3
2017-03-31 0 -6 -14
2016-12-31 0 -5 -25
2016-09-30 0 -4 -27

*GAAP earnings excluding extraordinary items.

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

ASX:THD Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 0.00
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 -0.01
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 -0.02
2016-12-31 -0.05
2016-09-30 -0.07

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

Next steps:

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

ASX:THD 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 0.01 -0.76 0.32
2018-12-31 1.84 -2.85 1.31
2018-09-30 1.84 -3.03 1.40
2018-06-30 0.25 -1.53 0.91
2018-03-31 0.13 -3.57 1.86
2017-12-31 0.02 -5.62 2.81
2017-09-30 0.01 -4.22 0.64
2017-06-30 -2.82 -1.53
2017-03-31 0.00 -14.04 1.82
2016-12-31 0.01 -25.26 5.17
2016-09-30 0.00 -26.70 7.29
2016-06-30 0.00 -28.14 9.41
2015-06-30 -0.66 0.19

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Thred is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Thred has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Thred'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.
  • Thred 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 Thred Company Filings, last reported 4 months ago.

ASX:THD Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 1.77 0.00 2.12
2018-12-31 2.21 0.00 2.40
2018-09-30 2.21 0.00 2.40
2018-06-30 3.19 0.00 3.23
2018-03-31 3.19 0.00 3.23
2017-12-31 2.84 0.00 3.30
2017-09-30 2.84 0.00 3.30
2017-06-30 4.00 0.00 4.48
2017-03-31 4.00 0.00 4.48
2016-12-31 0.36 0.00 0.78
2016-09-30 0.36 0.00 0.78
2016-06-30 2.89 0.02 3.24
2015-06-30 -0.72 0.49
  • Thred has no debt.
  • Thred 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.

  • Thred has sufficient cash runway for 1.7 years based on current free cash flow.
  • Thred has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of -20.1% each year.
X
Financial health checks
We assess Thred'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. Thred has a total score of 6/6, 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 Thred'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 Thred dividends.
If you bought A$2,000 of Thred 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 Thred's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Thred'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:THD 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 Thred has not reported any payouts.
  • Unable to verify if Thred's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Thred's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Thred 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 Thred'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 Thred afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Thred 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 Thred'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.
  • Thred has no CEO, or we have no data on them.
Management Team

Joe Graziano

TITLE
Company Secretary & Director
COMPENSATION
A$33K
AGE
53
TENURE
0.9 yrs
Board of Directors

David Wheeler

TITLE
Non-Executive Chairman
COMPENSATION
A$93K
AGE
61
TENURE
2.2 yrs

Joe Graziano

TITLE
Company Secretary & Director
COMPENSATION
A$33K
AGE
53
TENURE
1.3 yrs

Sol Majteles

TITLE
Non-Executive Director
COMPENSATION
A$45K
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
15. Jan 19 Buy Jason Peterson Individual 09. Jan 19 09. Jan 19 37,484,360 A$0.00 A$93,702
X
Management checks
We assess Thred'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. Thred 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

One Thing To Remember About The Thred Limited (ASX:THD) Share Price

Anyone researching Thred Limited (ASX:THD) might want to consider the historical volatility of the share price. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Given that it has a beta of 1.48, we can surmise that the Thred share price has been fairly sensitive to market volatility (over the last 5 years).

Simply Wall St -

Have Insiders Been Buying Thred Limited (ASX:THD) Shares?

See our latest analysis for Thred Thred Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider purchase was by Jason Peterson for AU$267k worth of shares, at about AU$0.0051 per share. … While Thred insiders bought shares last year, they didn't sell. … ASX:THD Recent Insider Trading, June 11th 2019 There are plenty of other companies that have insiders buying up shares.

Simply Wall St -

Do Insiders Own Lots Of Shares In Thred Limited (ASX:THD)?

Generally speaking, as a company grows, institutions will increase their ownership. … Thred is not a large company by global standards. … Our analysis of the ownership of the company, below, shows that.

Simply Wall St -

How Does Investing In Thred Limited (ASX:THD) Impact The Volatility Of Your Portfolio?

Volatility is considered to be a measure of risk in modern finance theory. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

How Much Are Thred Limited (ASX:THD) Insiders Spending On Buying Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So shareholders might well want to know whether insiders have been buying or selling shares in Thred Limited (ASX:THD). … But logic dictates you should pay some attention to whether insiders are buying or selling shares.

Simply Wall St -

Does Market Volatility Impact Thred Limited's (ASX:THD) Share Price?

Volatility is considered to be a measure of risk in modern finance theory. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

What Kind Of Shareholders Own Thred Limited (ASX:THD)?

With a market capitalization of AU$5m, Thred is a small cap stock, so it might not be well known by many institutional investors. … 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 THD

Simply Wall St -

How Does Investing In Thred Limited (ASX:THD) Impact Your Portfolio?

If you're interested in Thred Limited (ASX:THD), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility).

Simply Wall St -

Does Thred Limited (ASX:THD) Have Enough Money Left To Grow?

A crucial question to bear in mind when you’re an investor of an unprofitable business, is whether the company will have to raise more capital in the near future. … Additional cash raising may dilute the value of your shares, and since Thred is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … Today I’ve examined Thred’s financial data from its most recent earnings update, to roughly assess when the company may need to raise new capital.

Simply Wall St -

Who Owns Thred Limited (ASX:THD)?

View our latest analysis for Thred ASX:THD Ownership_summary Apr 28th 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

Simply Wall St -

Company Info

Description

Thred Limited does not have significant operations. Previously, it was engaged in the Sweep app business. The company is headquartered in Surry Hills, Australia.

Details
Name: Thred Limited
THD
Exchange: ASX
Founded:
A$3,578,781
1,789,390,870
Website: http://www.thred.im
Address: Thred Limited
483 Riley Street,
Ground Floor,
Surry Hills,
New South Wales, 2010,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX THD Ordinary Shares Australian Securities Exchange AU AUD 17. Jun 2016
CHIA THD Ordinary Shares Chi-X Australia AU AUD 17. Jun 2016
Number of employees
Current staff
Staff numbers
0
Thred employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 10:41
End of day share price update: 2019/09/24 00:00
Last earnings filing: 2019/08/29
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.