Ignite Share Price and Company Fundamentals



Price
$0.14
Change
0.020 (16.667%)
52 week
0.042 - 0.165

Last traded: Today at 3:17 AM

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

Key Metrics

PE ratio

5.37

PB ratio

2.44

Dividend yield

Beta

3.70

Market cap

-

Enterprise value

-

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 employees75
Websitehttps://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 Jan 2022, following are the company executives and directors listed on Ignite.

NameTitleAgeTotal Pay
Mr. Timothy MoranChief Exec. Officer364.42k
Mr. Mahendra TharmarajahChief Financial Officer432.11k
Ms. Nikki GrechExec. GM of People Services & Strategic Project Leader
Mr. Ian McKay Gilmour B.Sc., CA, F.F.A., FAICD, FCIS, FGIA, JP(NSW)Company Sec.74

Profitability and management effectiveness

Profit margin

2.12%

Operating margin

0.02%

Return on assets

0.11%

Return on equity

58.57%

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 and its enterprise value is .

The IGN's stocks Beta value is 3.70 making it 270% 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 $0.14.

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 https://www.igniteco.com.

5. Which share registry manages Ignite's stock?

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