Objective Corporation Ltd

Chart & Performance

D1W1MN

P/E

50.61

P/S

13.81

EPS

0.33

Div Yield, %

0.81%

Shrs. gr., 5y

0.42%

Rev. gr., 5y

13.09%

Revenues

115m

+5.40%

Net income

31m

+48.57%

CFO

56m

+138.12%

Dividend

Sep 09, 20240.09 AUD/sh

Earnings

Feb 20, 2025

Profile

Objective Corporation Limited, together with its subsidiaries, supplies information technology software and services in Australia, the United Kingdom, New Zealand, and internationally. It offers Objective 3Sixty to discover, organize, and manage enterprise information; Objective Nexus, a SaaS based solution providing records compliance, enterprise scale information management, and process automation; Objective Inform, which provides document management, records management, office 365, SharePoint governance, reporting insights, and drawings management solutions; Objective Perform to streamline and automate content-driven processes; Objective ECM, an information management and process automation solution; Objective Connect, a secure external file sharing application; Objective Redact, a redaction software for security for conscious organizations; and Objective GOV365. The company also provides Objective Ministerials, a workflow software for ministerial briefs and correspondence, as well as offers professional, managed, training and education, and technical support services; Objective Build, a management platform; Objective OpenGov to locate, collaborate, protect, and release information; Objective Trapeze, a software purpose-built for planners and building teams; Objective Keystone solution to author, approve, and publish documents; Objective REGWORKS, a software designed specifically for regulation, compliance, and enforcement; and Objective REACH, a solution for matching data. It serves the public sector, local government, regulation, wealth, banking, and insurance sectors. The company was founded in 1987 and is headquartered in North Sydney, Australia.

URL

https://www.objective.com/

IPO date

Aug 17, 2000

Employees

400

Domiciled in

Incorporated in

Valuation

Order:

Title AUD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title AUD in thousands, except ratios and share amounts	2024‑06	2023‑06	2022‑06	2021‑06	2020‑06	2019‑06	2018‑06	2017‑06	2016‑06	2015‑06
Income
Revenues	114,804 5.40%	108,919 2.40%	106,366 12.06%
Cost of revenue	78,461	92,715	86,771
Unusual Expense (Income)
NOPBT	36,343	16,204	19,595
NOPBT Margin	31.66%	14.88%	18.42%
Operating Taxes	7,045	891	3,842
Tax Rate	19.38%	5.50%	19.61%
NOPAT	29,298	15,313	15,753
Net income	31,330 48.57%	21,087 7.79%	19,563 21.62%
Dividends	(12,791)	(10,389)	(8,459)
Dividend yield	1.10%	0.78%	0.64%
Proceeds from repurchase of equity	(1,821)	(549)	3,144
BB yield	0.16%	0.04%	-0.24%
Debt
Debt current	3,420	(49,437)	3,333
Long-term debt	24,137	26,770	11,768
Deferred revenue			(1)
Other long-term liabilities	1,026	1,041	889
Net debt	(68,430)	(95,206)	(48,726)
Cash flow
Cash from operating activities	55,784	23,427	30,540
CAPEX	(1,006)	(572)	(1,213)
Cash from investing activities	(15,175)	(757)	(4,688)
Cash from financing activities	(17,155)	(14,100)	(10,416)
FCF	32,328	9,687	17,855
Balance
Cash	95,979	72,519	63,794
Long term investments	8	20	33
Excess cash	90,247	67,093	58,509
Stockholders' equity	92,301	73,549	61,957
Invested Capital	16,528	23,281	13,242
ROIC	147.19%	83.85%	110.48%
ROCE	33.80%	17.90%	27.30%
EV
Common stock shares outstanding	96,622	96,135	95,937
Price	12.03 -12.64%	13.77 0.29%	13.73 -21.41%
Market cap	1,162,365 -12.19%	1,323,783 0.50%	1,317,214 -21.28%
EV	1,093,935	1,228,577	1,268,488
EBITDA	42,321	21,141	25,120
EV/EBITDA	25.85	58.11	50.50
Interest	657	495	472
Interest/NOPBT	1.81%	3.05%	2.41%