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Keybridge Capital Limited
(Sydney:KBC)
Keybridge Capital Limited (KBC) vs. iShares MSCI Australia ETF (EWA)
Keybridge Capital Limited Business Overview & Revenue Model
Keybridge Capital Limited Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 20.65M | 54.82M | 489.82M | 71.07M | 423.05K |
| Gross Profit | 13.81M | -274.21K | 7.36M | 835.90K | 423.05K |
| EBITDA | 11.64M | -3.04M | -154.72K | 3.06M | -2.90M |
| Net Income | 7.16M | -8.95M | -754.23K | 2.99M | -3.85M |
Balance Sheet | |||||
| Total Assets | 21.24M | 13.68M | 18.14M | 14.92M | 15.65M |
| Cash, Cash Equivalents and Short-Term Investments | 2.04M | 6.18M | 11.78M | 6.36M | 8.31M |
| Total Debt | 2.15M | 5.91M | 2.37M | 169.02K | 5.60M |
| Total Liabilities | 9.81M | 9.51M | 5.05M | 1.56M | 6.47M |
| Stockholders Equity | 11.43M | 4.18M | 13.09M | 13.36M | 9.18M |
Cash Flow | |||||
| Free Cash Flow | -3.81M | -1.74M | 1.37M | -2.07M | -3.99M |
| Operating Cash Flow | -3.53M | -1.74M | 1.40M | -2.06M | -3.99M |
| Investing Cash Flow | 9.58M | 284.11K | -3.72M | 6.57M | 4.04M |
| Financing Cash Flow | -5.18M | 1.52M | 2.24M | -4.86M | -669.92K |
Keybridge Capital Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$42.77M | 11.26 | 13.04% | 1.60% | 33.80% | -8.26% | |
72 Outperform | AU$9.25M | 18.39 | 5.45% | 4.02% | 74.85% | 170.29% | |
60 Neutral | AU$26.14M | 260.94 | 0.47% | 1.80% | -16.07% | -36.00% | |
58 Neutral | HK$91.09B | 5.21 | -3.21% | 5.20% | 7.36% | -55.21% | |
58 Neutral | AU$9.75M | 0.91 | 41.59% | ― | ― | 1000.00% | |
50 Neutral | AU$28.39M | ― | -9.28% | 0.67% | -13.78% | 50.00% | |
43 Neutral | AU$9.72M | 1.40 | 91.73% | ― | ― | ― |
Keybridge Capital Limited Corporate Events
Yowie Group Ltd has announced updated funding arrangements with a facility of up to AUD $1 million to manage short-term cash flow needs until September 2025. The company is reviewing past financial practices and implementing interim solutions with support from its parent entity, Keybridge Capital Limited. The funding is on commercial terms, with varying interest rates depending on the repayment date.
Keybridge Capital Limited is involved in a legal process as the Takeovers Panel has received a review application from Mr. Nicholas Bolton regarding a previous decision. The Acting President has approved the review application, but no review panel has been appointed yet, and no decision has been made on whether to proceed with the review, leaving the outcome uncertain for stakeholders.
The Takeovers Panel has declined to conduct proceedings on an application from Nicholas Bolton concerning Keybridge Capital Limited’s board actions regarding Yowie Group Ltd’s takeover bid. The Panel found that the issues raised had been previously addressed in earlier legal and panel proceedings, concluding there was no reasonable prospect of declaring unacceptable circumstances, thus impacting the company’s takeover dynamics.
Yowie Group Limited has decided not to proceed with its off-market takeover bid for all ordinary shares in Keybridge Capital Limited. This decision follows an extraordinary general meeting that triggered a condition in the bid, leading Yowie to conclude that continuing with the bid would be futile due to a breached condition. This move may affect Yowie’s strategic positioning and stakeholder interests as it reassesses its acquisition strategy.
Keybridge Capital Limited has been granted a waiver from the ASX Listing Rule 10.1, allowing it to secure a bridge funding facility from WAM Active Limited without shareholder approval. This facility, which reduces the interest rate from 12% to 9% upon granting security, is crucial for addressing Keybridge’s solvency concerns and facilitating its recapitalization efforts. The independent directors of Keybridge negotiated the terms on an arm’s length basis and deemed them fair and reasonable for shareholders. This move is expected to stabilize the company’s financial position and assist in its return to trading after a prolonged suspension.
Keybridge Capital Limited announced that its shareholders voted against all resolutions proposed by Australian Style Group Pty Ltd during a general meeting. The board expressed satisfaction with the outcome, highlighting the strong shareholder participation, with 84% casting votes. Keybridge had concerns about the meeting’s notice and lack of telephonic access, which were not in compliance with the Corporations Act. The rejection of the resolutions indicates strong support for the current board and stability in the company’s governance, which may reassure stakeholders about its ongoing strategic direction.
Keybridge Capital Limited is involved in a complex corporate situation involving an off-market takeover bid by Yowie for all its ordinary shares. The bid is contingent upon maintaining the current board composition of Yowie, which Keybridge is attempting to alter. This has led to a dispute involving WAM Active Limited, which has provided bridge funding to Keybridge and has its nominees on Keybridge’s board. The situation has resulted in an application to the Panel by Nicholas Bolton, who claims that the actions of the WAM Nominees are frustrating the takeover bid and denying minority shareholders a liquidity opportunity. The President has declined to make interim orders, citing the late stage of the application and potential prejudice to Keybridge.
The review Panel has declined to conduct proceedings on an application from Yowie Group Ltd regarding Keybridge Capital Limited’s actions. The Panel determined that Yowie was aware of Keybridge’s intentions to change the Yowie board’s composition before its takeover bid, and found no likelihood of unacceptable conduct, thus deciding against further proceedings.
Keybridge Capital Limited announced that the meeting to replace the directors of its subsidiary, Yowie Group Ltd, will proceed as planned on 27 June 2025. The NSW Supreme Court ruled in favor of Keybridge, validating its actions and allowing it to vote its 58% shareholding in Yowie. This decision strengthens Keybridge’s control over Yowie, potentially impacting the company’s strategic direction and shareholder dynamics.
Keybridge Capital Limited (ASX: KBC) has submitted two applications to the Takeovers Panel, one concerning its own affairs and another related to Yowie Group Ltd (ASX: YOW). This follows Yowie’s announcement of an off-market takeover bid for all Keybridge shares, offering one Yowie share per Keybridge share. Keybridge challenges the bid, citing concerns over control conditions, market efficiency, and disclosure deficiencies. The company seeks to restrain Yowie from acquiring shares and requests the withdrawal of the takeover bid, alongside compensation for associated costs.
Keybridge Capital Limited is facing a review application from Yowie Group Ltd concerning a previous decision made by the Takeovers Panel. The Panel has not yet decided whether to conduct proceedings, and no review panel has been appointed, leaving the outcome and potential implications for Keybridge Capital’s operations and stakeholders uncertain.
The Takeovers Panel has declined to make a declaration of unacceptable circumstances regarding an application from Yowie Group Ltd concerning Keybridge Capital Limited’s actions. The application was related to Keybridge’s attempt to change the composition of Yowie’s board, which Yowie claimed was a frustrating action against its takeover bid. The Panel found that Yowie was likely aware of this possibility and that Keybridge’s actions did not constitute unacceptable circumstances, thus deciding not to make a declaration.
Yowie Group Ltd has announced an off-market scrip takeover bid to acquire all fully paid ordinary shares of Keybridge Capital Limited. The offer, which involves exchanging one Yowie share for each Keybridge share, is subject to conditions outlined in the Bidder’s Statement. This strategic move could potentially enhance Yowie’s market positioning and influence in the industry, with implications for stakeholders including potential shifts in shareholder value and company operations.
Keybridge Capital Limited has received a notice from Australian Style Group Pty Ltd, controlled by former director Nicholas Bolton, calling for a general meeting to remove four recently appointed directors. Keybridge’s current directors and Wilson Asset Management Group, representing over 50% of the company’s shares, oppose the resolutions. Concerns have been raised about the notice’s compliance with legal requirements and the lack of engagement with Keybridge’s share registry. Additionally, Keybridge is involved in a legal proceeding regarding Yowie Group Ltd’s meeting postponement, with a court hearing scheduled.
Keybridge Capital Limited has announced a change in its substantial shareholding in Benjamin Hornigold Ltd (BHD), reducing its voting power from 19.59% to 15.43% as of August 9, 2024. This change reflects a significant sale of shares, which may impact Keybridge’s influence over BHD and could have implications for its strategic positioning and decision-making within the company.
Keybridge Capital Limited has called a general meeting for its subsidiary, Yowie Group Ltd, to address serious corporate governance concerns. The meeting aims to amend Yowie’s constitution to clarify shareholder voting rights, remove current directors, and appoint new ones to improve governance and shareholder value. Keybridge, holding a majority stake in Yowie, supports these resolutions and is challenging Yowie’s attempt to postpone the meeting in court.
Keybridge Capital Limited announced that a purported shareholder meeting held on 27 February 2025, known as the Spill Event, was invalid. The meeting, which was conducted without proper authorization, incorrectly included votes and resolutions regarding the election of directors. The New South Wales Supreme Court confirmed the current directors, and the invalid meeting had no impact on the company’s governance. This announcement clarifies the company’s leadership and resolves any confusion about the directorial positions, reinforcing the stability of Keybridge’s management structure.
Keybridge Capital Limited, a company listed on the ASX, is currently involved in a corporate takeover situation with Yowie Group Ltd. Yowie has announced an intention to make an off-market takeover bid for all ordinary shares in Keybridge, offering one Yowie share for each Keybridge share. The offer is subject to certain conditions, including restrictions on changes to Yowie’s board composition. Keybridge has advised its shareholders to take no action regarding the offer and intends to call a meeting to replace Yowie’s board, which Yowie argues could frustrate the offer and prejudice Keybridge shareholders. Yowie is seeking orders to prevent Keybridge from taking actions that could influence the control or composition of Yowie’s board until certain conditions are met.
Keybridge Capital Limited has advised its shareholders to take no action regarding an off-market takeover bid announced by its subsidiary, Yowie Group Ltd. The company has expressed concerns over Yowie’s corporate governance and the use of shareholder funds, labeling the bid as disingenuous and disadvantageous to Keybridge shareholders. Keybridge is actively seeking to replace Yowie’s directors and secure operational control, despite Yowie’s resistance and procedural breaches.
Keybridge Capital Limited (ASX: KBC) has increased its control over Yowie Group Ltd (ASX: YOW), now holding over 50% of YOW’s issued capital. This change in substantial holding gives KBC significant influence over YOW’s operations and strategic decisions, potentially impacting stakeholders and market dynamics.
Keybridge Capital Limited has submitted an application regarding the affairs of Yowie Group Ltd, despite its CEO, Nicholas Bolton, disputing the authority to do so. The application follows a series of corporate maneuvers including changes in Keybridge’s board and a conditional takeover bid by Yowie. The situation is further complicated by Keybridge’s concerns over Yowie’s issuance of new shares, which Keybridge claims contravenes the 20% takeovers prohibition.
Yowie Group Ltd is taking decisive actions to recover loan funds from Keybridge Capital Limited, following a series of legal and financial maneuvers including a conditional scrip takeover bid. In response to Keybridge’s failure to meet repayment obligations and the uncertainty from US trade tariffs, Yowie has issued new shares to raise capital, ensuring the company’s financial stability amidst these challenges.
Yowie Group Limited, a company listed on the ASX, has announced its intention to make an off-market takeover bid for all the issued fully paid ordinary shares in Keybridge Capital Limited. The offer is structured as an all-scrip bid, with Yowie offering one of its shares for each Keybridge share. This proposed acquisition is subject to several conditions, including minimum acceptance of 50.1% of Keybridge shares, Yowie shareholder approval, and regulatory exemptions. The move could significantly impact Yowie’s market position by expanding its portfolio, while Keybridge shareholders are presented with a potential opportunity to exchange their shares.
Keybridge Capital Limited announced that the Supreme Court of New South Wales Court of Appeal dismissed Mr. Nicholas Bolton’s appeal, confirming the replacement of Keybridge’s directors and ending the company’s external administration. The decision reinstates directors Antony Catalano, Geoff Wilson AO, Jesse Hamilton, Martyn McCathie, and Sulieman Ravell, while Mr. Bolton’s executive roles are suspended pending an internal investigation. Additionally, Mr. John Patton has been removed as company secretary, with Mr. Hamilton taking over the role. The company’s registered office has also been relocated to Wilson Asset Management in Sydney.