9 Additions to the S&P/ASX 300 Index under September quarterly balance – AMI, CUV, IGL, JMS, KGN, MNY, MP1, PPS, and NEA

300 Index under September quarterly balance

AURELIA METALS LIMITED (ASX: AMI) – The company’s sales revenue increased by 127% from $109 million in FY17 to $249 million in FY18 where 70% was because of increase in Hera gold. The EBITDA also increased by 182% from $48 million in FY 17 to $137 million in FY 18. Company is well positioned following strong net profit of $99 million and cash flow in FY18. There is a substantial increase in the earnings per share i.e. by 223% to 15.5 cents/share. With a daily price change of 0.855% as at September 07, 2018, the stock was thus trading at a market price of $0.590. In the last one year, the stock has noted a performance change of 148.94%.

CLINUVEL PHARMACEUTICALS LIMITED (ASX: CUV) – For the current quarter there has been a 66% increase in cash receipts from customers, at $10,388,000, compared to the same quarter last year. For the treatment of EPP FDA requests additional information on SCENESSE® new drug application. The revenue from ordinary activities increased by 52% to AUD $25,750,125 as June 30, 2018. For the year ending 30 June 2018, the group result was $12.942 million profit before tax. With a daily price change of 5.014%, the stock was trading at a market price of $15.290 as at September 07, 2018. In the last one year, the stock has noted a performance change of 108.90%. The company has declared 2cents of dividend to be paid at October 08, 2018. 

IVE GROUP LIMITED (ASX: IGL) – The company’s revenue is up by 39.9% on the prior corresponding period at $695.4 million. Because of the strong operating cashflow, EBITDA also increased by 32.4% on the prior corresponding period to $73.2 million. Resulting into a rise of 32.4% NPATA at $35.9 million. The company’s most recent dividend declared was of 7.5 cents with the payable date as October 25, 2018 making the total DPS of 15.5 cents up by 22% on the prior corresponding period. To drive further growth beyond FY18, the company made successful $55.6 million capital raise in August 2017. The stock was thus trading at a market price of $2.250 with a daily price change of 1.351% as at September 07, 2018. In the last one year, the stock has noted a performance change of 8.82%.

JUPITER MINES LIMITED (ASX: JMS) – The enterprise value of Jupiter is $564 million as at September 2018. The company posted A $153 million earnings before income tax depreciation and amortization (EBITDA) and a net profit after tax of $94 million for the FY 2018. The company’s P/E ratio is 7.20 for FY 2018 which compares well with the peer group. Approximately 11.5% yield is expected in H1 2019. The company has a strong cash generation capability throughout the cycle. The stock was thus trading at a market price of $0.340 with a flat daily price change as at September 07, 2018. Since inception, the stock has noted a performance change of -15.00 %.

KOGAN.COM LTD (ASX: KGN) – The company confirmed that founder Ruslan Kogan and chief financial officer David Shafer have sold their 6.25 million of shares for $40 million worth, which makes it to the value of $6.4 per share, almost near to the current trading price, i.e. $6.490. After the profit forecasts that were missed and a slowdown in sales growth was indicated, shares in kogan.com fell to seven-month low. As new products and services attracted more customers to its sight, the group earlier expected EBITDA to rise more than 90 percent in 2018 helping to boost revenues by more than 40 percent. The stock was thus trading at a market price of $6.290 with a flat daily price change as at September 07, 2018. In the past one year, the stock has noted a performance change of 91.77%.

MONEY3 CORPORATION LIMITED (ASX: MNY) – Both secured and unsecured personal loans and check cashing are provided by the company. The revenue increased from $109.6 million in FY 17 to $121.9 million in FY 18 up by 11.2%. The EBITDA for the company reported a positive movement in 11.9% from $50.6 million in FY 17 to $56.6 million in FY 18. The NPAT also increased by 10.1% from $29.1 million in FY 17 to $32.0 million in FY18. The company has cash as at June 30, 2018 close of financial year of $46.31 million. Dividends per share was 9.50 cents with most recent dividend to be payable at October 23, 2018 of 5 cents. The stock was thus trading at a market price of $2.100 with a daily price change of 5% as at September 07, 2018. In the past one year, the stock has noted a performance change of 37.93%.

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MEGAPORT LIMITED (ASX: MP1) – Strong revenue growth of 85% to $19.8 million from last year has been reported by the company with new cloud and data center partnerships and significant uptake in services, position company to capitalize on market opportunities for FY19. The company’s cash position was $56.3M, at the end of June 2018. The number of customers increased by 41% YoY to a total of 1,038. However, the company reported Net loss for the full year of $24.5M, with an improvement of 18% or $5.4M from last year. The stock was trading at a market price of $3.850 with a daily price change of -0.773% as at September 07, 2018. In the past one year, the stock has noted a performance change of 83.89%.

PRAEMIUM LIMITED (ASX: PPS) – Praemium reported first-half underlying EBITDA of $4.2 million in February 2018, up 51 per cent on the prior corresponding period. The company reported strong platform inflows in the June 2018 quarter, out of which combined quarterly gross inflows of $760 million were up 34% against the prior year’s corresponding period and record annual gross inflow of $3.0 billion was 50% higher than the prior financial year. The June quarter 2018 included several key client renewals or client wins. The company’s FY18 revenue has been $43.2 million, which is up by 22%, and funds under administration (FUA) has been $8.3 billion, which is up by 35% across all divisions. With an increase of 40% over the prior year, EBITDA is of $8.8 million. The asset inflows also increased by 50% reaching up to $3.0 billion. The stock was trading at a market price of $1.005 with a daily price change of 4.145% as at September 07, 2018. In the past one year, the stock has noted a performance change of 127.06%.

NEARMAP LTD (ASX: NEA) – The funds were raised through the institution placement of 43,750,000 of new shares at an offer price of $1.60 per share. Under this offer the placement of new shares issued to institutional investors in Australia and overseas was underwritten by joint lead managers Macquarie Capital and Canaccord Genuity, Australia. The portfolio of the company grew by $19.2 million to $66.2 million. The group EBITDA closed at $4.9 million for the FY 18. While the company closed the year with a cash balance of $17.5 million. The stock was trading at a market price of $1.865 with a daily price change of 3.611% as at September 07, 2018 close to its 52-week high. In the past one year, the stock has noted a performance change of 192.68%.

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