Ignite Share Price and Company Fundamentals



Price
$0.08
Change
-0.010 (-11.111%)
52 week
0.02 - 0.09

Last traded: Today at 1:22 AM

Ignite Limited, together with its subsidiaries, provides specialist recruitment, on-demand information technology, and people services in Australia and New Zealand. The company offers permanent and contingent labour recruitment, and payroll services; and outsourced recruitment and human resource consulting services. It is also involved in the provision of pre-qualified information technology resources to deliver on demand solutions. The company provides its services under the Ignite and Lloyd Morgan brand names. It serves accounting, finance, architecture, construction, engineering, property, business support, human resources, legal, information management, IT, digital, and sales and marketing industries. The company was formerly known as Clarius Group Limited. Ignite Limited was founded in 1984 and is headquartered in Sydney, Australia.

Key Metrics

PE ratio

8.00

PB ratio

1.40

Dividend yield

Beta

3.87

Market cap

$7.17M

Enterprise value

$8.67M

Company profile

Primary activitiesFor more than 30 years Ignite has been using its deep industry expertise and extensive relationships to unite permanent, contract and temporary workers with government, non-government entities and private clients of all sizes through its Specialist Recrui
Industry / SectorStaffing & Employment Services / Industrials
Full time employees70
Websitehttp://www.igniteco.com
Mailing addressMezzanine Level 3 Spring Street Sydney NSW 2000 Australia
Phone / Fax61 2 9250 8000 /
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

Ignite does not pay dividends.

Company Executives

As of Aug 2021, following are the company executives and directors listed on Ignite.

NameTitleAgeTotal Pay
Mr. Mahendra TharmarajahChief Financial Officer349.13k
Mr. Tim MoranChief Exec. Officer
Ms. Nikki GrechExec. GM of People Services & Strategic Project Leader
Mr. Ian McKay GilmourCompany Sec.73

Profitability and management effectiveness

Profit margin

0.82%

Operating margin

-1.36%

Return on assets

-6.23%

Return on equity

20.12%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Ignite is 7.17M and its enterprise value is 8.67M. The enterprise value to revenue ratio of IGN is 0.08.

The IGN's stocks Beta value is 3.87 making it 287% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Ignite (IGN)

Ignite (ASX:IGN) Frequently Asked Questions

1. What is Ignite's Stock Symbol?

Ignite trades on ASX under the ticker symbol "IGN".

2. What is Ignite's stock price today?

One share of IGN stock can currently be purchased for approximately $0.08.

3. How can I contact Ignite?

Ignite's mailing address is Mezzanine Level 3 Spring Street Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9250 8000.

4. What is Ignite's official website?

The official website of Ignite is http://www.igniteco.com.

5. Which share registry manages Ignite's stock?

Ignite's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.