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RedFlow

DB:2RF
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2RF
DB
A$24M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

RedFlow Limited develops, manufactures, and sells zinc-bromine flowing electrolyte battery modules (ZBMs) worldwide. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
  • RedFlow has significant price volatility in the past 3 months.
2RF Share Price and Events
7 Day Returns
0%
DB:2RF
9.2%
DE Electrical
9.9%
DE Market
1 Year Returns
-98.9%
DB:2RF
-8.2%
DE Electrical
-17.5%
DE Market
2RF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
RedFlow (2RF) 0% -92.9% -96% -98.9% -99.6% -99.7%
DE Electrical 9.2% -20.6% -35.2% -8.2% -43.7% -44.1%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • 2RF underperformed the Electrical industry which returned -8.2% over the past year.
  • 2RF underperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
2RF
Industry
5yr Volatility vs Market

Value

 Is RedFlow 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 RedFlow. This is due to cash flow or dividend data being unavailable. The share price is €0.0005.
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 RedFlow's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are RedFlow's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2RF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$-0.01
ASX:RFX Share Price ** ASX (2020-03-31) in AUD A$0.03
Germany Electrical Industry PE Ratio Median Figure of 6 Publicly-Listed Electrical Companies 22.57x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

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

** Primary Listing of RedFlow.

DB:2RF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.03 ÷ -0.01

-2.04x

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

  • RedFlow is loss making, we can't compare its value to the DE Electrical industry average.
  • RedFlow is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does RedFlow's expected growth come at a high price?
Raw Data
DB:2RF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Electrical Industry PEG Ratio Median Figure of 5 Publicly-Listed Electrical Companies 1x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*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 RedFlow, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on RedFlow's assets?
Raw Data
DB:2RF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$0.02
ASX:RFX Share Price * ASX (2020-03-31) in AUD A$0.03
Germany Electrical Industry PB Ratio Median Figure of 14 Publicly-Listed Electrical Companies 1.69x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:2RF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.03 ÷ 0.02

1.72x

* Primary Listing of RedFlow.

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

  • RedFlow is overvalued based on assets compared to the DE Electrical industry average.
X
Value checks
We assess RedFlow'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 Electrical 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 Electrical industry average (and greater than 0)? (1 check)
  5. RedFlow 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 RedFlow 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 RedFlow 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
69.2%
Expected Electrical industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is RedFlow expected to grow at an attractive rate?
  • Unable to compare RedFlow's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare RedFlow's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare RedFlow's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:2RF Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Electrical Industry Earnings Growth Rate Market Cap Weighted Average 69.2%
Germany Electrical Industry Revenue Growth Rate Market Cap Weighted Average 12.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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
DB:2RF 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.
DB:2RF Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:2RF Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 2 -10 -11
2019-09-30 1 -12 -11
2019-06-30 1 -14 -12
2019-03-31 1 -15 -12
2018-12-31 1 -15 -13
2018-09-30 1 -13 -13
2018-06-30 2 -11 -12
2018-03-31 2 -11 -11
2017-12-31 2 -11 -11
2017-09-30 1 -12 -12
2017-06-30 1 -13 -13
2017-03-31 1 -13 -13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if RedFlow is high growth as no earnings estimate data is available.
  • Unable to determine if RedFlow 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
DB:2RF 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 RedFlow Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2RF Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:2RF Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 -0.01
2019-09-30 -0.01
2019-06-30 -0.02
2019-03-31 -0.02
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.04

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

Next steps:

  1. Examine RedFlow'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. RedFlow'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 Capital Goods companies here
  3. RedFlow'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 RedFlow'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
RedFlow 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 RedFlow 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 RedFlow's growth in the last year to its industry (Electrical).
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.
  • RedFlow does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare RedFlow's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare RedFlow's 1-year growth to the DE Electrical industry average as it is not currently profitable.
Earnings and Revenue History
RedFlow'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 RedFlow Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2RF Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1.90 -10.56 8.46 0.02
2019-09-30 1.35 -11.06 8.98 0.02
2019-06-30 0.80 -11.57 9.50 0.02
2019-03-31 0.87 -12.30 9.32 0.11
2018-12-31 0.94 -13.04 9.13 0.21
2018-09-30 1.33 -12.52 8.52 0.21
2018-06-30 1.73 -12.00 7.92 0.21
2018-03-31 1.72 -11.35 7.72 0.27
2017-12-31 1.71 -10.71 7.52 0.33
2017-09-30 1.50 -11.81 7.97 0.33
2017-06-30 1.29 -12.92 8.41 0.33
2017-03-31 1.45 -13.35 9.31 0.19
2016-12-31 1.62 -13.79 10.21 0.05
2016-09-30 1.36 -13.96 10.22 0.05
2016-06-30 1.10 -14.12 10.24 0.05
2016-03-31 0.71 -14.40 10.15 0.13
2015-12-31 0.31 -14.68 10.05 0.21
2015-09-30 0.22 -13.50 9.69 0.21
2015-06-30 0.13 -12.31 9.33 0.21
2015-03-31 0.14 -10.30 8.36 0.41
2014-12-31 0.14 -8.30 7.40 0.61
2014-09-30 0.16 -5.95 6.58 0.71
2014-06-30 0.18 -3.61 5.75 0.81
2014-03-31 0.36 -3.48 5.74 0.77
2013-12-31 0.55 -3.35 5.73 0.73
2013-09-30 0.77 -4.57 5.79 0.63
2013-06-30 0.98 -5.79 5.85 0.53

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • RedFlow is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • RedFlow's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of RedFlow'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.
  • High level of physical assets or inventory.
  • RedFlow 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 RedFlow Company Filings, last reported 3 months ago.

DB:2RF Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 13.80 0.00 5.02
2019-09-30 13.80 0.00 5.02
2019-06-30 17.60 0.00 10.90
2019-03-31 17.60 0.00 10.90
2018-12-31 15.92 0.00 7.86
2018-09-30 15.92 0.00 7.86
2018-06-30 20.79 0.00 17.73
2018-03-31 20.79 0.00 17.73
2017-12-31 11.89 0.00 6.51
2017-09-30 11.89 0.00 6.51
2017-06-30 1.85 4.00 2.70
2017-03-31 1.85 4.00 2.70
2016-12-31 8.55 0.00 3.92
2016-09-30 8.55 0.00 3.92
2016-06-30 14.27 0.00 12.38
2016-03-31 14.27 0.00 12.38
2015-12-31 9.00 0.00 4.23
2015-09-30 9.00 0.00 4.23
2015-06-30 14.47 0.02 13.09
2015-03-31 14.47 0.02 13.09
2014-12-31 6.79 0.00 4.39
2014-09-30 6.79 0.00 4.39
2014-06-30 10.38 0.01 10.28
2014-03-31 10.38 0.01 10.28
2013-12-31 6.52 0.00 4.81
2013-09-30 6.52 0.00 4.81
2013-06-30 5.82 0.00 3.93
  • RedFlow has no debt.
  • RedFlow had no debt 5 years ago.
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.

  • RedFlow has less than a year of cash runway based on current free cash flow.
  • RedFlow has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.7% each year.
X
Financial health checks
We assess RedFlow'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. RedFlow 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 RedFlow'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 RedFlow dividends.
If you bought €2,000 of RedFlow shares you are expected to receive €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 RedFlow's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate RedFlow'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
DB:2RF 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
Germany Electrical Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

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

DB:2RF Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as RedFlow has not reported any payouts.
  • Unable to verify if RedFlow's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of RedFlow's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as RedFlow 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 RedFlow's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 RedFlow afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. RedFlow 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 RedFlow'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
Tim Harris
COMPENSATION A$593,434
TENURE AS CEO 2 years
CEO Bio

Mr. Timothy Harris, BA, LLB, MBA, also known as Tim, has been the Chief Executive Officer and Managing Director of RedFlow Ltd since March 27, 2018 and July 2, 2018 respectively. He was appointed as Executive Director at RedFlow Limited. Mr. Harris served as the Chief Commercial Officer of Chorus Limited since September 1, 2014 until August 2017. Mr. Harris is responsible for leading its Marketing, Sales and Corporate Strategy functions. He spent the past eight years in Singapore, as Managing Director of BT Global Services South-East Asia. He has held a number of senior roles with BT since 2004. Mr. Harris holds a law degree from Otago University and also an MBA from the UK- based Cranfield School of Management.

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

Average tenure of the RedFlow management team in years:

1.4
Average Tenure
  • The average tenure for the RedFlow management team is less than 2 years, this suggests a new team.
Management Team

Tim Harris

TITLE
CEO, MD & Executive Director
COMPENSATION
A$593K
TENURE
2 yrs

Richard Aird

TITLE
Chief Operating Officer
COMPENSATION
A$335K
TENURE
2.4 yrs

Trudy Walsh

TITLE
CFO & Company Secretary
COMPENSATION
A$298K
TENURE
1.6 yrs

Mike Giulianini

TITLE
Chief Technology Officer
COMPENSATION
A$217K

Simon Hackett

TITLE
System Integration Architect
COMPENSATION
A$24K
TENURE
1.3 yrs

Ben Shepherd

TITLE
Chief Commercial Officer
TENURE
1.3 yrs

Tim MacTaggart

TITLE
Chief Deployment Office
TENURE
1 yrs
Board of Directors Tenure

Average tenure of the RedFlow board of directors in years:

1.7
Average Tenure
  • The average tenure for the RedFlow board of directors is less than 3 years, this suggests a new board.
Board of Directors

Brett Johnson

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$120K
AGE
61
TENURE
2.4 yrs

Tim Harris

TITLE
CEO, MD & Executive Director
COMPENSATION
A$593K
TENURE
1.7 yrs

David John Knox

TITLE
Independent Non-Executive Director
COMPENSATION
A$58K
AGE
61
TENURE
3 yrs

David Brant

TITLE
Non-Executive Director
COMPENSATION
A$41K
TENURE
1.4 yrs

John Lindsay

TITLE
Non-Executive Director
COMPENSATION
A$47K
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 (€) Value (€)
10. Jun 19 Buy Simon Hackett Individual 31. May 19 31. May 19 2,380,952 €0.03 €62,186
10. Jun 19 Sell Simon Hackett Individual 06. May 19 10. May 19 -1,482,716 €0.03 €-37,381
07. Jun 19 Buy Timothy Harris Individual 31. May 19 31. May 19 250,000 €0.03 €6,530
07. Jun 19 Buy John Lindsay Individual 31. May 19 31. May 19 163,635 €0.03 €4,274
07. Jun 19 Buy Brett Johnson Individual 31. May 19 31. May 19 300,000 €0.03 €7,835
07. Jun 19 Buy David Brant Individual 31. May 19 31. May 19 213,333 €0.03 €5,572
07. Jun 19 Buy David John Knox Individual 31. May 19 31. May 19 456,806 €0.03 €11,931
07. Jun 19 Buy Jennifer Mitchell MacDonald Individual 31. May 19 31. May 19 275,000 €0.03 €7,182
X
Management checks
We assess RedFlow'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. RedFlow 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

Company Info

Description

RedFlow Limited develops, manufactures, and sells zinc-bromine flowing electrolyte battery modules (ZBMs) worldwide. The company offers ZBM2, an energy storage system with 10 kilowatt-hours (kWh) capacity; and ZCell, a home and office energy storage system with 10kWh of sustainable energy storage. Its batteries are used in telecommunications, commercial and industrial, grid-scale, and residential applications. RedFlow Limited was founded in 2005 and is headquartered in Brisbane, Australia.

Details
Name: RedFlow Limited
2RF
Exchange: DB
Founded: 2005
A$13,291,857
915,682,051
Website: http://www.redflow.com
Address: RedFlow Limited
27 Counihan Road,
Seventeen Mile Rocks,
Brisbane,
Queensland, 4073,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX RFX Ordinary Shares Australian Securities Exchange AU AUD 14. Dec 2010
OTCPK REFX.F Ordinary Shares Pink Sheets LLC US USD 14. Dec 2010
DB 2RF Ordinary Shares Deutsche Boerse AG DE EUR 14. Dec 2010
CHIA RFX Ordinary Shares Chi-X Australia AU AUD 14. Dec 2010
Number of employees
Current staff
Staff numbers
94
RedFlow employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 22:24
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2018/08/29
Last earnings filing: 2020/02/26
Last earnings reported: 2019/12/31
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.