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Audinate Group
(Sydney:AD8)
Audinate Group (AD8) vs. iShares MSCI Australia ETF (EWA)
Audinate Group Business Overview & Revenue Model
Audinate Group Earnings Call Summary
Audinate Group Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 91.48M | 69.70M | 46.29M | 33.37M | 30.32M |
| Gross Profit | 67.96M | 10.20M | 2.04M | 1.16M | 2.99M |
| EBITDA | 24.41M | 12.21M | 4.45M | 3.55M | 2.87M |
| Net Income | 10.24M | 10.64M | -4.46M | -3.44M | -4.14M |
Balance Sheet | |||||
| Total Assets | 189.47M | 106.60M | 90.44M | 89.81M | 50.30M |
| Cash, Cash Equivalents and Short-Term Investments | 118.06M | 40.03M | 44.47M | 65.43M | 29.29M |
| Total Debt | 3.45M | 2.60M | 1.97M | 2.09M | 2.59M |
| Total Liabilities | 18.99M | 16.41M | 15.15M | 10.95M | 8.34M |
| Stockholders Equity | 170.49M | 90.20M | 75.28M | 78.86M | 41.97M |
Cash Flow | |||||
| Free Cash Flow | 10.48M | -2.94M | -11.08M | -1.29M | -3.47M |
| Operating Cash Flow | 25.38M | 12.42M | 981.00K | 6.74M | 4.83M |
| Investing Cash Flow | -68.09M | -5.21M | -21.16M | -35.03M | -8.75M |
| Financing Cash Flow | 66.91M | -949.00K | -738.00K | 38.14M | 3.13M |
Audinate Group Technical Analysis
Audinate Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | AU$726.20M | 111.53 | 11.59% | ― | 9.76% | -28.92% | |
66 Neutral | $566.03M | 171.46 | 1.98% | ― | -13.88% | -80.31% | |
63 Neutral | $34.60B | 5.43 | -11.64% | 1.84% | 5.30% | -18.55% | |
| ― | $1.13B | ― | -10.89% | ― | ― | ― | |
42 Neutral | AU$4.36M | ― | -637.73% | ― | -13.05% | -184.09% | |
41 Neutral | AU$4.90M | ― | -174.80% | ― | -50.78% | 45.67% | |
23 Underperform | AU$181.10M | ― | ― | -100.00% | 44.26% |
Audinate Group Corporate Events
Audinate Group Limited announced the cessation of 1,869 performance rights due to the lapse of conditional rights, as the conditions were not met or became unachievable. This announcement reflects on the company’s capital management and may have implications for its financial strategy and stakeholder interests, as it adjusts its securities portfolio.
The most recent analyst rating on (AU:AD8) stock is a Buy with a A$12.00 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.
Pinnacle Investment Management Group Limited has increased its voting power in Audinate Group Ltd, a company known for its digital audio networking solutions, from 5.26% to 6.28%. This change in substantial holding reflects Pinnacle’s growing influence in the company, which could impact Audinate’s strategic decisions and market positioning.
The most recent analyst rating on (AU:AD8) stock is a Buy with a A$10.50 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.
Audinate Group has announced the acquisition of Iris, which will enhance the Dante platform by integrating Iris’s remote production capabilities with Dante’s cloud-based management software. This strategic move is expected to significantly benefit AV professionals by improving the management of millions of Dante-enabled devices, thereby strengthening Audinate’s position in the audio-visual industry.
The most recent analyst rating on (AU:AD8) stock is a Buy with a A$12.00 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.
Audinate Group Limited has announced its acquisition of Iris Studio Inc, a US-based leader in AI-powered, cloud-based camera control technology, for up to US$28 million. This acquisition strengthens Audinate’s video platform capabilities and aligns with its vision for interoperable AV device management, enhancing its position in key growth segments. The Iris platform, which is in the early stages of market launch, will benefit from Audinate’s investment to support development and scaling. The transaction is funded through existing cash reserves and share issuance, leaving Audinate with a strong balance sheet. This move is expected to provide significant value to AV professionals by integrating Iris’s remote production capabilities with Audinate’s Dante platform.
The most recent analyst rating on (AU:AD8) stock is a Buy with a A$12.00 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.
Audinate Group Limited has announced the issuance of 5,388 ordinary fully paid securities under an employee incentive scheme, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to incentivize employees and align their interests with shareholders, potentially impacting the company’s operational dynamics and market positioning positively.
The most recent analyst rating on (AU:AD8) stock is a Hold with a A$7.70 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.
Audinate Group Limited has announced the retirement of David Krall as Chair of the Board, with Alison Ledger set to succeed him following the release of the company’s FY25 financial results. Krall, who has been with Audinate since 2010 and Chair since 2017, will continue as a Strategic Adviser, leveraging his industry expertise to support the company’s next development phase. Ledger, a seasoned Non-Executive Director with extensive experience in various sectors, is expected to provide continuity and leadership as Audinate embarks on its next growth phase.
The most recent analyst rating on (AU:AD8) stock is a Buy with a A$12.00 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.