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Vonex Limited
(Sydney:VN8)
Vonex Limited (VN8) vs. iShares MSCI Australia ETF (EWA)
Vonex Limited Business Overview & Revenue Model
Vonex Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 44.79M | 44.79M | 48.19M | 45.45M | 33.62M | 18.26M |
| Gross Profit | 19.85M | 19.85M | 21.36M | 6.97M | 8.58M | -185.76K |
| EBITDA | 3.16M | 3.16M | 4.98M | -17.92M | 2.92M | -3.24M |
| Net Income | -118.14K | -118.14K | -1.34M | -22.82M | 251.69K | -3.98M |
Balance Sheet | ||||||
| Total Assets | 31.73M | 31.73M | 35.32M | 36.43M | 48.45M | 11.81M |
| Cash, Cash Equivalents and Short-Term Investments | 2.88M | 2.88M | 2.93M | 1.79M | 3.20M | 3.66M |
| Total Debt | 11.75M | 11.75M | 25.71M | 23.33M | 15.61M | 995.33K |
| Total Liabilities | 21.78M | 21.78M | 39.00M | 39.36M | 29.24M | 6.23M |
| Stockholders Equity | 9.95M | 9.95M | -3.68M | -2.93M | 19.21M | 5.58M |
Cash Flow | ||||||
| Free Cash Flow | 2.42M | 2.42M | 4.70M | 2.24M | 5.18M | -503.42K |
| Operating Cash Flow | 2.59M | 2.59M | 4.79M | 2.56M | 5.33M | -342.39K |
| Investing Cash Flow | -177.45K | -177.45K | -98.11K | -8.52M | -31.36M | -636.47K |
| Financing Cash Flow | -361.05K | -2.46M | -3.55M | 4.56M | 25.57M | -173.64K |
Vonex Limited Technical Analysis
Vonex Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
| ― | ― | ― | ― | ― | ― | ― | |
| ― | €39.68M | ― | -19.40% | ― | 35.24% | -182.42% | |
| ― | AU$39.54M | ― | -5.06% | ― | 26.95% | 90.52% | |
| ― | AU$4.09M | -6.25 | -11.62% | ― | -9.44% | 83.16% | |
| ― | AU$26.34M | -38.89 | -3.77% | ― | -7.05% | 75.68% |
Vonex Limited Corporate Events
Vonex Limited has successfully implemented a Scheme of Arrangement, resulting in the transfer of all its shares to Maxo Telecommunications Pty Ltd. Shareholders recorded on the Scheme Record Date received a payment of A$0.036 per share. Following this, significant changes in the company’s board have been announced, with most directors resigning and new appointments made. Additionally, Vonex’s shares have been suspended from trading on the ASX and the company is set to be delisted, marking a significant transition in its corporate structure and market presence.
Vonex Limited’s securities will be suspended from trading following the Supreme Court of New South Wales’ approval of a scheme of arrangement. This scheme allows Maxo Telecommunications Pty Ltd to acquire all issued shares of Vonex Limited, potentially impacting the company’s market presence and shareholder interests.
Vonex Limited has announced that it has lodged the court’s orders with the Australian Securities and Investments Commission, making the scheme legally effective. As a result, Vonex shares will be suspended from trading on the ASX at the close of trading on October 9, 2025. This suspension marks a significant step in Vonex’s operational timeline, with the company set to be delisted from the ASX by October 21, 2025, indicating a strategic shift in its market presence.
The Supreme Court of New South Wales has approved Vonex Limited’s scheme of arrangement for Maxo Telecommunications Pty Ltd to acquire all remaining shares in Vonex. As a result, Vonex will lodge the court’s orders with the Australian Securities and Investments Commission, making the scheme legally effective, and its shares will be suspended from trading on the ASX. The delisting of Vonex from the ASX is scheduled for October 21, 2025, marking a significant change in its market presence.
Vonex Limited announced that its shareholders have overwhelmingly approved a scheme of arrangement for Maxo Telecommunications Pty Ltd to acquire all remaining shares in Vonex. With 99.6% of votes in favor, the scheme is set to proceed pending court approval, leading to Vonex’s delisting from the ASX and a cash consideration for shareholders. This acquisition marks a significant transition for Vonex, potentially enhancing its market position and operational capabilities under MaxoTel’s ownership.
Vonex Limited has announced a Supreme Court hearing scheduled for October 9, 2025, to seek approval for a proposed scheme of arrangement with its members. This move is part of a resolution to be discussed and potentially passed at a member meeting on September 23, 2025. The outcome of this hearing could significantly impact Vonex’s operational structure and stakeholder interests.
Vonex Limited has announced that MaxoTel, a leading VoIP and telephony solutions provider in Australia, has secured a finance agreement with Westpac to fund the acquisition of Vonex shares through a court-approved scheme of arrangement. The Vonex Board recommends shareholders vote in favor of the scheme, provided no superior proposal emerges and the Independent Expert deems it beneficial for shareholders. This agreement marks a significant step in Vonex’s strategic growth and industry positioning, potentially enhancing its market presence and operational capabilities.
Vonex Limited reported a 7.1% decline in revenue for FY25, attributed to post-migration churn, but showed significant improvement in net loss after tax, which decreased by 91.2% to $118k. The company also achieved a 6.7% increase in EBITDA, reflecting operational strength. Vonex’s strategic initiatives, including disciplined cost control and infrastructure investment, have bolstered its competitive position. The company successfully raised $13.89 million through a shareholder-supported entitlement offer, which was used to repay debt, and refinanced its remaining debt with Westpac, enhancing financial flexibility. Operational milestones included expanding Points of Presence in Perth and Adelaide and launching a new softphone application. Vonex’s commitment to customer excellence was recognized by the Australian Communications and Media Authority, with the lowest number of TIO complaints recorded. The company remains focused on sustainable growth and product innovation, with a scheme of arrangement with MaxoTel expected to be implemented by October 2025, subject to approvals.
Vonex Limited reported a 7.05% decrease in revenues from ordinary activities, totaling $44,792,210 for the year ending June 30, 2025. Despite the decline in revenue, the company significantly reduced its net loss by 91.18% to $118,137 compared to the previous year. The financial statements were audited with an unqualified opinion, although there is a material uncertainty related to going concern.
Vonex Limited has announced the registration and dispatch of its Scheme Booklet by the Australian Securities and Investments Commission, as part of a Court-approved scheme of arrangement with Maxo Telecommunications. This scheme involves MaxoTel acquiring the remaining issued capital of Vonex that it does not already own. The Independent Expert’s Report within the Scheme Booklet concludes that the scheme is fair, reasonable, and in the best interest of Vonex shareholders, provided no superior proposal arises. The Board of Directors unanimously recommends shareholders vote in favor of the scheme, with a meeting scheduled for September 23, 2025, to finalize the decision.
Vonex Limited has announced that the Supreme Court of New South Wales has approved the convening of a Scheme Meeting and the distribution of a Scheme Booklet as part of its Scheme Implementation Deed with Maxo Telecommunications. This scheme involves Maxo acquiring the remaining issued capital of Vonex that it does not already own. The Independent Expert’s Report, included in the Scheme Booklet, concludes that the scheme is fair, reasonable, and in the best interest of Vonex shareholders, provided no superior proposal arises. The board of Vonex unanimously recommends shareholders vote in favor of the scheme, with the meeting scheduled for September 23, 2025. This development is significant for Vonex’s operations and market positioning, as it could lead to the company’s delisting from the ASX if the scheme is implemented.
Vonex Limited has lodged a draft Scheme booklet with the Australian Securities and Investments Commission as part of Maxo Telecommunications Pty Ltd’s proposed acquisition of the remaining shares in Vonex via a Scheme of Arrangement. This move is part of Vonex’s strategic efforts to enhance its market position and expand its offerings, potentially impacting its operations and stakeholders positively.