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K-TIG Limited, a technology company, develops and manufactures welding technology in Australia, the United Kingdom, the United States, the Asia Pacific, and internationally. The company's technology offers precision process for various applications and suits to corrosion-resistant materials comprising stainless steel, nickel alloys, titanium alloys, as well as carbon steels and exotic materials. Its technology handles longitudinal and circumferential welds on pipes, spooling, vessels, tanks, and other materials in a single pass. The company serves aerospace, defense, filtration and water treatment, food and beverage, maritime, nuclear, oil and gas, pharmaceutical, pipe, tank and vessel, and power generation industries. K-TIG Limited was incorporated in 2012 is based in Adelaide, Australia.
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| Breakdown | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Income before tax | -1.15M | -6.43M | -5.96M | -4.48M | -8.38M |
| Net income | -1.15M | -6.43M | -5.96M | -4.48M | -8.38M |
| Selling general administrative | 2.08M | 5.61M | 7.22M | 4.66M | 2.89M |
| Selling and marketing expenses | 0.12M | 0.33M | 0.49M | 0.22M | 0.18M |
| Gross profit | 0.82M | 1.59M | 2.28M | 0.78M | -0.02M |
| Reconciled depreciation | 0.26M | 0.30M | 0.27M | 0.24M | 0.16M |
| Ebit | -0.99M | -5.63M | -6.34M | -4.51M | -4.11M |
| Ebitda | -0.72M | -5.33M | -6.15M | -4.24M | -3.87M |
| Depreciation and amortization | 0.26M | 0.30M | 0.19M | 0.27M | 0.24M |
| Operating income | -3.30M | -7.05M | -6.15M | -4.57M | -3.71M |
| Other operating expenses | 5.51M | 10.14M | 9.67M | 6.05M | 8.75M |
| Interest expense | 0.17M | - | 0.00M | 0.00M | 0.00M |
| Tax provision | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Interest income | 0.01M | 0.01M | 0.00M | 0.00M | 0.00M |
| Net interest income | -0.15M | -0.02M | -0.00M | -0.00M | 0.00M |
| Income tax expense | - | -0.20M | -0.27M | 0.09M | -0.04M |
| Total revenue | 2.21M | 3.10M | 3.70M | 1.56M | 0.32M |
| Total operating expenses | 4.13M | 1.59M | 8.70M | 5.59M | 3.89M |
| Cost of revenue | 1.39M | 1.50M | 1.43M | 0.78M | 0.34M |
| Total other income expense net | 2.15M | 0.61M | 0.18M | 0.06M | -4.35M |
| Net income from continuing ops | -1.15M | -6.43M | -5.96M | -4.48M | -8.38M |
| Net income applicable to common shares | - | - | -5.96M | -4.48M | -8.41M |
| Breakdown | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Total assets | 3.48M | 4.78M | 6.84M | 7.25M | 4.67M |
| Intangible assets | 0.01M | 0.02M | 0.03M | 0.04M | 0.05M |
| Other current assets | 0.17M | 0.25M | 0.22M | 0.14M | 0.06M |
| Total liab | 4.49M | 3.88M | 2.19M | 1.33M | 0.84M |
| Total stockholder equity | -1.01M | 0.90M | 4.65M | 5.92M | 3.83M |
| Other current liab | 0.73M | 1.34M | 1.00M | 0.91M | 0.13M |
| Common stock | 27.84M | 27.71M | 27.30M | 23.44M | 17.70M |
| Capital stock | - | 27.84M | 27.30M | 23.44M | 17.73M |
| Retained earnings | -32.71M | -31.42M | -25.22M | -19.25M | -14.74M |
| Other liab | - | - | 0.02M | 0.01M | 0.01M |
| Other assets | - | - | 0.01M | 0.01M | - |
| Cash | 0.30M | 0.82M | 3.73M | 5.06M | 3.49M |
| Cash and equivalents | - | - | - | - | 3.49M |
| Total current liabilities | 4.24M | 3.31M | 1.81M | 1.32M | 0.75M |
| Current deferred revenue | - | 0.44M | 0.32M | 0.17M | 0.11M |
| Net debt | 3.27M | -0.14M | -3.29M | -4.98M | -3.32M |
| Short term debt | 3.31M | 0.11M | 0.08M | 0.09M | 0.09M |
| Short long term debt | - | 2.84M | - | - | - |
| Short long term debt total | 3.56M | 0.68M | 0.44M | 0.09M | 0.17M |
| Other stockholder equity | - | 2.00M | 2.57M | 1.73M | 0.87M |
| Property plant equipment | - | - | 0.86M | 0.63M | 0.65M |
| Total current assets | 2.59M | 3.57M | 5.93M | 6.56M | 3.97M |
| Net tangible assets | - | - | 4.62M | 5.87M | 3.78M |
| Short term investments | 0.01M | 0.04M | 0.04M | 0.04M | - |
| Net receivables | 0.08M | 0.63M | 0.64M | 0.74M | 0.11M |
| Inventory | 2.04M | 1.84M | 1.31M | 0.57M | 0.37M |
| Accounts payable | 0.20M | 1.42M | 0.41M | 0.15M | 0.42M |
| Accumulated other comprehensive income | 3.86M | 2.61M | 2.57M | 1.73M | 0.87M |
| Common stock total equity | - | - | - | - | 17.73M |
| Non currrent assets other | 0.01M | 0.00M | -0.89M | -0.67M | -0.70M |
| Non current assets total | 0.89M | 1.21M | 0.91M | 0.68M | 0.70M |
| Capital lease obligations | - | 0.68M | 0.44M | 0.09M | 0.17M |
| Long term debt total | - | - | 0.36M | 0.00M | 0.09M |
| Breakdown | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Investments | 0.11M | -0.27M | -0.15M | -0.04M | -0.11M |
| Change to liabilities | - | - | 0.49M | 0.51M | 0.29M |
| Total cashflows from investing activities | 0.11M | -0.27M | -0.15M | -0.27M | -0.11M |
| Net borrowings | - | - | -0.09M | -0.09M | -0.08M |
| Total cash from financing activities | 1.35M | 1.88M | 3.50M | 5.61M | 6.45M |
| Change to operating activities | - | - | -0.33M | -0.03M | -0.10M |
| Net income | -1.15M | -6.43M | -5.96M | -4.48M | -8.41M |
| Change in cash | -0.52M | -2.91M | -1.34M | 1.57M | 2.55M |
| Begin period cash flow | 0.82M | 3.73M | 5.07M | 3.49M | 0.94M |
| End period cash flow | 0.30M | 0.82M | 3.73M | 5.06M | 3.49M |
| Total cash from operating activities | -1.98M | -4.49M | -4.68M | -3.77M | -3.79M |
| Issuance of capital stock | - | 2.15M | 3.59M | 5.71M | 6.53M |
| Depreciation | - | 0.30M | 0.27M | 0.24M | 0.16M |
| Other cashflows from investing activities | 0.11M | - | 0.00M | -0.04M | 0.03M |
| Change to inventory | - | -0.53M | -0.64M | -0.21M | -0.26M |
| Change to account receivables | - | 0.35M | 0.39M | -0.70M | 0.00M |
| Sale purchase of stock | - | -0.14M | 3.59M | -0.01M | 6.53M |
| Other cashflows from financing activities | -0.11M | -0.13M | -0.09M | -0.09M | -0.08M |
| Change to netincome | - | - | 1.10M | 0.91M | 4.53M |
| Capital expenditures | 0.04M | 0.27M | 0.15M | 0.23M | 0.14M |
| Change in working capital | 0.95M | -0.18M | -0.24M | -0.91M | -0.26M |
| Stock based compensation | 0.06M | 0.11M | 1.10M | 0.88M | 2.00M |
| Other non cash items | -3.00M | 1.95M | 1.01M | 0.48M | 4.46M |
| Free cash flow | -2.02M | -4.79M | -4.84M | -4.00M | -3.93M |
Sector: Industrials Industry: Specialty Industrial Machinery
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| KTG K-Tig Ltd |
-0.37 7.96% |
4.28 | - | - | 5.14 | 3.74 | 3.80 | -2.28 |
| IPG Ipd Group Ltd |
0.02 0.37% |
5.46 | 18.41 | - | 1.34 | 3.05 | 1.44 | 10.76 |
| TTT Titomic Ltd |
-0.00 2.22% |
0.09 | - | - | 17.09 | 5.24 | 20.53 | -4.49 |
| AIH Advanced Innergy Holdings Ltd |
0.01 2.56% |
0.40 | 12.83 | 9.51 | 1.09 | 0.73 | 0.80 | - |
| AHL Adrad Holdings Ltd |
- -% |
1.20 | 16.06 | - | 0.67 | 0.82 | 0.79 | 7.31 |
K-TIG Limited, a technology company, develops and manufactures welding technology in Australia, the United Kingdom, the United States, the Asia Pacific, and internationally. The company's technology offers precision process for various applications and suits to corrosion-resistant materials comprising stainless steel, nickel alloys, titanium alloys, as well as carbon steels and exotic materials. Its technology handles longitudinal and circumferential welds on pipes, spooling, vessels, tanks, and other materials in a single pass. The company serves aerospace, defense, filtration and water treatment, food and beverage, maritime, nuclear, oil and gas, pharmaceutical, pipe, tank and vessel, and power generation industries. K-TIG Limited was incorporated in 2012 is based in Adelaide, Australia.
| Name | Title | Year Born |
|---|---|---|
| Mr. Adrian Smith BE (Hons), BSc, CPEng, FAICD, FIEAust, MBA | MD & Exec. Director | NA |
| Mr. Stephen Unerkov | Chief Financial Officer | NA |
| Bill Kelly | Chief Technical Officer | NA |
| Lynne Carrozza | Admin. Officer | NA |
| Ben Mitchell | Chief Marketing Officer | NA |
| Mr. Neil Garry Le Quesne | Pres of Market Devel. | NA |
| Lucas Bendo-Watson | Head of Market Devel. - UK | NA |
| Jayne Osborne | Head of Partner Marketing | NA |
| Gary Cullen | Chief Product Officer | NA |
| Mr. Brett William Tucker B.Com (UWA), B.Com., C.A. | Joint Company Sec. | NA |
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