Walkabout Resources Ltd
The West Perth-based Walkabout Resources Ltd (ASX: WKT) is a metals and mining sector company which explores and develops resource and energy assets in Tanzania, Namibia, and Northern Ireland. It holds 100% mining license over the high-grade Lindi Jumbo Graphite Project in South East Tanzania. On April 3rd, 2019, the WKT stock ended the market trading session at AUD 0.165, up 3.13% by AUD 0.005. WKT’s YTD return also stands positive at 73.81%.
Walkabout recently informed the market to have signed the first binding offtake term sheet with the China-based expandable graphite producer, Inner Mongolia Qianxin Graphite Co., Ltd. The key terms include delivery of a minimum of 10,000 tonnes and a maximum of 20,000 tonnes per annum of flake graphite to IMQG for three years. The company reported a net loss after income tax of $ 1.53 million for the half-year ended December 31st, 2018 and closed the period with net cash and cash equivalents of $ 6.2 million. However, the revenue grew from $2667 in 1HFY18 to $25,791 in 1HFY19.
Gladiator Resources Limited
Gladiator Resources Limited (ASX: GLA) is based out of Melbourne and engaged in the exploration of mineral properties in Australia and also worldwide. The company’s current market valuation stands at AUD 2.94 million with ~ 1.47 billion outstanding shares. On April 3rd, 2019, the GLA stock closed the market trading at the last sell-off price of AUD 0.002, with no intra-day change.
On Monday, April 1st, 2019, the suspension of trading imposed on the securities of Gladiator Resources on March 29th, 2019, was lifted following the release of an announcement regarding the acquisition of 72% interest in the Mpokoto Gold Project located in the southeast of Democratic Republic of Congo through a binding Heads of Agreement signed with African Royalty Company Pty Ltd. As per the financial report for the half-year ended December 31st, 2018, the net loss from continuing operations stood at $ 190,525 and the net asset valuation at $ 799,904 at the end of the period.
The Melbourne-based iSignthis Ltd (ASX: ISX), together with its subsidiaries, provides dynamic, digital Anti-Money Laundering and Counter-Terrorism Financing KYC identity proofing via two primary solutions – Paydentity and ISXPay, in British Virgin Islands, Australia as well as across Europe. Its current market valuation stands at AUD 30.7.49 million with ~ 1.08 billion outstanding shares. On April 2nd, 2019, the ISX stock price last traded at AUD 0.320, up 12.8% with ~ 5.65 million shares traded.
As per the company’s full-year statutory accounts published on March 29th, 2019, the revenue including other income increased from $ 1.89 million in the prior year to $ 6.62 million, which included the interest of $ 59.65k, sales from operating activities of $ 6.09 million and R&D tax concession of around $ 471.77k. The operating expenses for FY2018 amounted to $ 14.65 million and the net assets of the consolidated entity increased by ~ $ 2.09 million to around $ 11.44 million as of December 31st, 2018.
The Internet-based marketplace platform and technology solution provider engage:BDR Limited (ASX: EN1) is also based out of Melbourne with operations across Australia, the United States, and other countries worldwide. With the close of market trading on April 3rd, 2019, the EN1 stock price stood at AUD 0.042, up 2.44% by AUD 0.001 with ~ 29.62 million shares traded. Also, EN1’s YTD return stands high and positive at 180%. Meanwhile, engage:BDR announced to have issued around 14,959,756 fully paid ordinary shares for settlement of creditor balances at a deemed issue price of AUD 0.041 per share, without disclosure to investors.
On April 1st, 2019, the company provided a market update on its revenue growth of USD 20,000 per day, attributable to recent activation of publisher integrations via deployment of AUD 1.1 million. Besides, it has reported a higher demand than expected with the close of Q1 2019, as the revenue grew by an average of 40% over the last week while maintaining ~41% gross profit margins.
According to the 2018 annual report, the revenue for the year was recorded at AUD 11.4 million and the nEBITDA at AUD 2.4 million. Besides, the net cash and cash equivalents stood at AUD 320K as of December 31st, 2018.
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