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Jayride Group Ltd.
(Sydney:JAY)
Jayride Group Ltd. (JAY) vs. S&P 500 (SPY)
Jayride Group Ltd. Business Overview & Revenue Model
Jayride Group Ltd. Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 5.39M | 5.09M | 2.56M | 759.41K | 3.24M | Gross Profit |
| -1.94M | -2.97M | -3.30M | -2.88M | -3.34M | EBIT |
| -5.17M | -6.34M | -5.34M | -4.87M | -7.07M | EBITDA |
| -7.41M | -6.66M | -3.73M | -3.13M | -5.18M | Net Income Common Stockholders |
| -8.26M | -8.16M | -4.96M | -4.49M | -7.09M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 924.02K | 2.52M | 3.69M | 3.04M | 963.46K | Total Assets |
| 3.42M | 7.66M | 9.03M | 6.43M | 5.25M | Total Debt |
| 1.23M | 0.00 | 0.00 | 1.89M | 2.20M | Net Debt |
| 301.89K | -2.52M | -3.69M | -1.15M | 1.24M | Total Liabilities |
| 7.66M | 5.54M | 3.23M | 4.24M | 4.32M | Stockholders Equity |
| -4.24M | 2.13M | 5.80M | 2.20M | 925.94K |
| Cash Flow | Free Cash Flow | |||
| -4.55M | -5.13M | -5.42M | -3.15M | -5.73M | Operating Cash Flow |
| -3.41M | -2.68M | -3.51M | -2.07M | -4.45M | Investing Cash Flow |
| -1.14M | -2.33M | -1.65M | -532.07K | -469.22K | Financing Cash Flow |
| 3.06M | 3.73M | 5.79M | 4.71M | 4.47M |
Jayride Group Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | $1.51B | 6.49 | 7.70% | ― | -8.24% | 332.82% | |
67 Neutral | $1.67B | 26.61 | 5.40% | 1.99% | -4.98% | -42.11% | |
64 Neutral | €238.53M | 9.00 | 7.99% | 11.16% | 5.53% | -20.97% | |
61 Neutral | $2.80B | 24.38 | 9.61% | 3.35% | 7.22% | -28.93% | |
61 Neutral | $6.59B | 11.77 | 3.06% | 3.98% | 2.56% | -20.85% | |
59 Neutral | AU$75.75M | 27.50 | 2.10% | ― | 11.24% | ― | |
40 Underperform | AU$2.85M | ― | ― | -19.57% | 63.87% |
Jayride Group Ltd. Corporate Events
Jayride Group Ltd. has announced the issuance of 16,163,550 fully paid ordinary securities, which will be quoted on the ASX. This move is part of an employee incentive scheme and reflects the company’s ongoing efforts to enhance its market presence and operational capabilities, potentially impacting its growth trajectory and stakeholder value.
Jayride Group Ltd. has announced that Yifat Shirben has ceased to be a substantial holder in the company as of March 28, 2025. This change reflects a dilution of shares across several entities, including Follow The Seed Australia Pty Ltd, Syd Ventures Inc, Andrey Shirben, and Rich Oriental Company Limited, impacting the voting securities of the company. The announcement may influence the company’s shareholder structure and could have implications for its governance and strategic decisions.
Jayride Group Ltd. announced the cessation of certain securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting a potential shift in the company’s strategic focus or financial planning.
Jayride Group Ltd. has experienced a change in the interests of its substantial holder, TIGA Trading Pty Ltd, as detailed in a Form 604 Notice. The notice indicates a significant increase in voting power from 19.63% to 22.27% due to various transactions, including market purchases and rights issues. This change could potentially strengthen TIGA Trading’s influence within Jayride, impacting the company’s strategic decisions and stakeholder dynamics.
Jayride Group Limited announced changes in directors’ interests, with Mr. Rodney Cuthbert taking up 100% of his entitlements and Mr. Brett Partridge participating as an underwriter. This announcement reflects internal adjustments in the company’s governance and may influence stakeholder perceptions regarding the company’s strategic direction and financial health.
Jayride Group Limited recently issued a significant number of shares as part of its Entitlement Offer and the conversion of Convertible Notes. This move is aimed at strengthening the company’s financial position and supporting its ongoing operations in the competitive online travel marketplace. The issuance of shares without disclosure under specific provisions of the Corporations Act indicates a strategic approach to capital management. This development is likely to impact Jayride’s market positioning and could have implications for its stakeholders, including investors and service providers.
Jayride Group Ltd. has announced the quotation of 7,601,901 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, which could potentially enhance the company’s market presence and liquidity, benefiting stakeholders by increasing the availability of its shares for trading.
Jayride Group Ltd. has announced the quotation of 661,778,025 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of March 28, 2025. This move is expected to enhance the company’s market presence and provide additional capital for growth, potentially impacting its operations and positioning within the transportation industry.
Jayride Group Ltd. has announced the quotation of 503,766,665 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of transactions previously disclosed. This move is likely to impact the company’s market presence by increasing its financial flexibility and potentially attracting more investors, thereby strengthening its position in the competitive transportation sector.
Jayride Group Limited has successfully closed its Entitlement Offer, raising $1.51 million to support operational expenses and restructuring for a more sustainable business. The company will issue over 500 million shares as part of this offer and convert $1.98 million of outstanding convertible notes into equity, marking a significant step in its financial restructuring efforts.
Jayride Group Limited has announced an update on its entitlement offer, aiming to raise approximately A$4.3 million through a 6 for 1 pro rata renounceable entitlement offer of new shares. The funds will primarily be used for operational expenses, including technology improvements and restructuring costs. The company has also updated its allocation policy to prioritize existing shareholders in the Top-Up Offer. This financial maneuver is expected to help Jayride continue as a going concern by reducing liabilities and improving its cash runway, despite the material risks disclosed in the offer booklet.
Jayride Group Limited has announced an extension of the closing date for its renounceable entitlement offer to raise approximately A$4.3 million. The offer, initially announced on March 4, 2025, allows eligible shareholders more time to participate, with the new closing date set for March 21, 2025. This move is aimed at providing shareholders additional opportunities to invest, potentially impacting the company’s financial position and market operations.
Jayride Group Ltd. has announced an extension of the offer open period for a proposed issue of securities. This update may impact the company’s financial strategies and stakeholder engagement, as it involves a renounceable pro rata issue, potentially affecting market positioning and investor relations.
Jayride Group Limited has announced the opening of its partially underwritten renounceable entitlement offer to raise approximately A$4.3 million. This offer allows eligible shareholders to purchase new shares at a discounted price, potentially strengthening Jayride’s financial position and enhancing its market operations. The move is expected to support the company’s growth and expansion in the global travel marketplace.
Jayride Group Ltd. has completed a significant leadership transition, appointing new executives to drive growth in the travel technology sector. The company is launching a partially underwritten entitlement offer to raise $4.3 million, aiming to streamline operations and enhance technological capabilities. The new leadership team is tasked with implementing a cost reduction program and strengthening supplier relationships, positioning Jayride to compete at scale in the global market.
Jayride Group Limited reported a significant decrease in revenue and income for the half-year ending December 31, 2024, with total revenue down by 36.9% and a net loss of $2,421,161, a 59.9% improvement compared to the previous period. Despite the revenue decline, the reduction in losses may indicate cost management efforts, though the company faces challenges in improving its financial performance and market position.
Jayride Group Ltd. has announced an update regarding a proposed issue of securities, aligning with their previous announcement on February 24, 2025. The update involves minor adjustments to the details of the offer as per the ASX release. This move signifies Jayride’s ongoing efforts to manage its securities offerings and maintain compliance with ASX Listing Rules, potentially impacting its market operations and stakeholder interests.
Jayride Group Limited has announced a corporate restructuring and a partially underwritten entitlement offer to raise up to $4.3 million, aiming to pave the way for growth. The company is undergoing significant leadership changes, including appointing a new CEO and other key executives, to lead its restructuring efforts. This includes a reduction in operational costs and the conversion of secured convertible notes into equity to simplify its capital structure. These moves are expected to strengthen Jayride’s industry position and improve supplier relations, potentially impacting stakeholders positively by stabilizing and growing the business.
Jayride Group Limited has announced a voluntary suspension of its securities on the ASX due to an imminent announcement concerning a significant financing and corporate update. This move indicates potential strategic developments that could impact the company’s operations and influence its market positioning, pending further details to be revealed by February 24, 2025.
Jayride Group Limited has requested a trading halt on its securities pending a significant financing and corporate update announcement. The trading halt is expected to be lifted by February 20, 2025, once the announcement is made, potentially impacting stakeholder interests and the company’s market positioning.