What’s recent with these stocks from Tech Space: FZO, KSS, AKP, IP1

S&P/ASX 200 is trading in red zone today at 6573.1 points, down 0.3% on 13 August 2019 (1:31 PM AEST). However, the technology sector index (XIJ) is trading 0.76% up at 1,284 points. XIJ has depicted sinusoidal trend this year with ~20.5% YTD return.

The importance and the application of technology in each sector cannot be ignored. Let us look into four companies where the application of technology can be seen in various segments:

Family Zone Cyber Safety Ltd

Family Zone Cyber Safety Ltd (ASX: FZO) is a universal cyber safety and parental control platform which offers an end to end solution for schools with respect to the duty of care and educational outcomes while including community engagement and support.

Investor Presentation: On 12 August 2019, Family Zone Cyber Safety Ltd released its investor presentation for August 2019. In the presentation, the company highlighted that more than 600,000 users are using the platform of the company. The platform is used across more than 900 hundred schools, 10 Telcos and 8 different countries.

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In the presentation, the company laid stress on the children who by the age of 16 are the victim of cyber bullying, pornography, sexting and gambling. The excess use of internet has resulted in growing mental health issues, impacting the cognitive function, mental health and learning outcomes. Almost 26% of youngsters show symptoms of internet & gaming addiction, as per the company. The self-esteem of these youngsters started declining post the launch of smartphones.

After addressing the problems, the company provided the solution to these issues in the form of its common platform across all networks and devices. Family Zone’s platform creates a collaborative ecosystem with the technology for school networks and classrooms, for controlling devices used by children and managing home networks. It allows schools to run cyber safety plans across the complete parent community. Its expert program enables the experts to build consulting as well as education services around the platform. Family Zone’s Partner Program empowers the telecommunication companies as well as the device manufacturers to assimilate cyber safety into their offerings.

Market Opportunity: Parents controls is currently a wide untapped market which the company is keenly eyeing. Statistics say that less than 4% of the individuals opt for parental controls worldwide. At present, Parents controls is positioned at ~ $2.5 billion per annum with $100 billion untapped global opportunities.

The Family Zone Education solutions are sold directly to the private schools and public schools districts via channel partners. The platform is charged as a student License.

Family Zone Insights is a free tool for parents. The premium parental control service is chargeable. It costs $5.95 per month for 3 children & devices.

Scaling:

Revenue: Through direct & retails, schools and telcos & ODMs, the company generated revenues worth $630k, $3.4 million and $440k, respectively.

Stock Performance: FZO is currently trading at A$ 0.185, up 4.52% above its previous closing price (as at 1:38 PM AEST, 13 August 2019). FZO has a market cap of A$35.11 million and ~ 200.63 million outstanding shares.

Kleos Space S.A

Kleos Space S.A. (ASX: KSS) is a space-powered Radio Frequency Reconnaissance data-as-a-service (DaaS) company which focuses on safeguarding borders, protecting assets and saving lives by providing global activity-based intelligence & geolocation as a service.

Recent Update: On 12 August 2019, Kleos Space announced that it had changed launch providers for its Scouting Mission satellites which would now be launched at an angle of 37 degrees, forming the base of the constellation that would provide a complete image of concealed maritime movement. This is expected to improve the intelligence ability of commercial entities as well as the government during the period when Automatic Identification System is defeated and the blurred  targets are beyond the patrol range.

The 37-degree orbital inclination provides the Kleos’ Scouting Mission cluster of 4 satellites with a better data collection where most illegal activity occurs such as the South China Sea, Strait of Hormuz, Australian Coast etc.

Post the recent delay of the launch of Kleos’ Scouting Mission satellites, Kleos Space S.A looked for other launch alternatives with Spaceflight Inc. to meet the instant market requirements as well as potentially surge the data value.

With the increase in the threat in the equatorial regions, the company has made significant progress in winning the market as well as locking customers from the defence and security segment having interest in these zones.

The company is soon to launch, as per the rideshare agreement with Spaceflight Inc., on the Polar Satellite Launch Vehicle at an inclination orbit of 37 degrees.

Stock Performance: KSS is trading at A$0.330, up 1.54% (as at 2:08 PM AEST, 12 August 2019). KSS has a market cap of A$ 34.65 million and ~ 106.63 million outstanding shares.

Audio Pixels Holdings Limited

Audio Pixels Holdings Limited (ASX: AKP), belonging to the consumer discretionary space, is involved in the formulation of a technological platform for reproducing sound to produce speakers.

Recent Update: On 12 August 2019, Audio Pixels Holdings announced that the wafers, which it has newly received from the MEMS vendor, are validated to fix fabrication and handling issues. The wafers were tested consistently, and it operated within the essential electromechanical specifications. After the years of revolutionary work in MEMS processing development, the engineers at AKP were able to conduct precise and detailed acoustic description on multiples of working devices along with the wafers.

Even though the devices gave a consistent performance, still the acoustic output was measured below the targeted specification of AKP. This was driven by slight anomalies that exist between computer simulation and the fabrication and material behavior.

Now, the company, along with the vendor, has concluded to not only revert the specification back to compliancy but at the same time reduce the dependencies of devices on fabrication tolerance on vendors.

Stock Performance: AKP is currently trading at A$17.290, down 2.6% (as at 2:08 PM AEST, 13 August 2019). AKP has a market cap of A$502.36 million and ~ 28.3 million outstanding shares.

Integrated Payment Technologies Limited

Integrated Payment Technologies Limited (ASX: IP1) is a company from the Information Technology sector that acts as a Clearing House for the payment of superannuation contributions, payroll deductions, salaries as well as payments related to ATO.

Recent Update:

CEO Appointment: On 12 August 2019, Integrated Payment Technologies Limited announced the appointment of Mr Dean Martin as the Chief Executive Officer with immediate effect.

At present, Mr Martin is the Head of Customer Experience in the company and would be taking up the position of Robin Beauchamp, who stepped down from the position of CEO in February 2019 in order to focus on his efforts as InPayTech’s Chief Technology Officer.

Mr Martin is an experienced and professional executive who has more than 12 years of experience in payments, superannuation and finance.

Stock Performance: IP1 is currently trading at A$0.042, down 4.55% down its previous closing price. IP1 has a market cap of A$13.59 million with ~ 308.84 million outstanding shares.


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