Contango Asset Management Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.13
Dividend & YieldN/A$ (N/A)
Beta 0.7
Market capitalization 23.57M
Operating cash flow -306k
ESG Scores unknown

Company description

Contango Asset Management Limited is a publicly owned investment manager. It manages large cap, mid cap, small cap, micro cap, and income focused mandates for its institutional clients. The company was formerly known as Tyrian Diagnostics Limited and changed its name to Contango Asset Management Limited in August 2016. Contango Asset Management Limited is based in Sydney, Australia.

Sector: Financial Services - Industry: Asset Management

Financial Ratios
Quick Ratio2.99
Working Capital-0.14
Return On Equity-0.09
Debt To Equity0.13
Fixed Asset Ratio2.02
Fixed Interest Cover-7.86

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities -483k 1.92M -1.08M 668k
Total Cashflows From Investing Activities 5.75M 153k 1.81M 1.82M
Net Borrowings -750k 750k 750k -33k
Total Cash From Financing Activities 3.9M 750k 750k 70k
Change To Operating Activities -396k 155k 62k -190k
Issuance Of Stock 5M 103k 103k 103k
Net Income 3.46M -5.21M -1.16M -800k
Change In Cash 4.6M -974k -501k 1.58M
Effect Of Exchange Rate
Total Cash From Operating Activities -5.06M -1.13M -3.06M -307k
Depreciation 287k 13k 10k 112k
Change To Account Receivables 839k 1.02M -536k -183k
Other Cashflows From Financing Activities -346k
Change To Netincome -8.77M 967k -357k 86k
Capital Expenditures -8k -15k -17k -5k

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax 2.6M -5.21M -1.16M -800k
Net Income 3.46M -5.21M -1.16M -800k
Selling General Administrative 8.58M 6.29M 4.84M 5.17M
Gross Profit 2.63M 2.36M 3.47M 4.39M
Ebit -6.24M -3.94M -1.39M -896k
Operating Income -6.24M -3.94M -1.39M -896k
Interest Expense -8k -52k -88k -114k
Income Tax Expense -864k
Total Revenue 3.48M 3.12M 4.62M 5.51M
Cost Of Revenue 847k 763k 1.15M 1.12M
Total Other Income ExpenseNet 8.84M -1.27M 223k 96k
Net Income From Continuing Ops 3.46M -5.21M -1.16M -800k
Net Income Applicable To Common Shares 3.46M -5.21M -1.16M -800k

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 1.42M 3.81M 3.56M 4.48M
Total Stockholder Equity 11.51M 10.9M 9.79M 9.37M
Other Current Liabilities 22k
Total Assets 12.93M 14.72M 13.34M 13.86M
Common Stock 145.43M 149.84M 149.84M 150.19M
Other Current Assets
Retained Earnings -134.05M -138.93M -140.1M -140.9M
Treasury Stock 135k 43k 78k
Cash 5.42M 4.44M 3.94M 5.53M
Total Current Liabilities 1.42M 3.29M 2.24M 2.88M
Other Stockholder Equity 135k 43k 78k
Property, Plant, and Equipment 13k 15k 22k 331k
Total Current Assets 7.78M 6.87M 6.87M 8.62M
Net Tangible Assets 11.51M 6.1M 4.98M 4.57M
Net Receivables 2.26M 2.27M 2.74M 2.88M
Accounts Payable 447k 1.9M 286k 112k


Insider Transactions

Here are the insider transactions of stock shares related to Contango Asset Management Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Switzer (Martin Francis)Purchase at price 0.51 per share.D2022-04-04Chief Executive Officer125k
Billings (Jason Craig)Purchase at price 0.51 per share.D2022-04-04Director (Non-Executive)200k
Switzer (Martin Francis)D2021-11-25Chief Executive Officer189.81k
Switzer (Martin Francis)D2020-07-31Chief Executive Officer320.11k
Campbell (Nerida)Purchase at price 0.32 per share.D2019-12-04Independent Non-Executive Director42.5k
Amos (Roger Michael)Purchase at price 0.32 per share.D2019-12-04Chairman of the Board32.25k
Campbell (Nerida)Purchase at price 0.30 per share.D2019-11-29Independent Non-Executive Director15k
Campbell (Nerida)Purchase at price 0.29 per share.D2019-11-18Independent Non-Executive Director2.5k
Amos (Roger Michael)Purchase at price 0.30 per share.D2019-09-10Chairman of the Board20.14k
Amos (Roger Michael)D2019-06-30Chairman of the Board6
Amos (Roger Michael)D2019-03-05Chairman of the Board43.99k
Campbell (Nerida)Purchase at price 0.49 per share.D2018-09-19Independent Non-Executive Director35k
Switzer (Martin Francis)Other at price 0.29 per share.D2018-09-14Director (Non-Executive)6.17M
Switzer (Martin Francis)Purchase at price 0.38 per share.D2018-03-27Director (Non-Executive)53k
Switzer (Martin Francis)Purchase at price 0.42 per share.D2018-03-21Director (Non-Executive)20k
Aitken (Charles Richard Napier)Other at price 0.46 per share.D2016-09-26Director (Non-Executive)211.32k
Switzer (Martin Francis)Other at price 0.46 per share.D2016-09-26Director (Non-Executive)818.47k
Amos (Roger Michael)D2016-09-26Chairman of the Board8.06M
Sleigh (DR. Merilyn Joy Ph.D.)D2016-08-25Former600k
Jones (Lisa Meredith)D2012-06-30Former125k
Lindner (DR. Robyn)D2012-06-30Former250k
Amos (Roger Michael)D2011-07-15Chairman of the Board4.71M
Lindner (DR. Robyn)D2011-06-30Divisional Officer3.26M
Jones (Lisa Meredith)D2011-06-30Secretary2.57M
Gow (Michelle)D2011-06-30Chief Operating Officer2.88M
Vamos (Michael)D2011-06-30Chief Financial Officer1.64M
Amos (Roger Michael)D2011-02-14Chairman of the Board3.08M
Harry (Jenny Lee)D2011-02-14Chief Executive Officer1.67M
Sleigh (DR. Merilyn Joy Ph.D.)Acquisition at price 0.01 per share.D2010-12-22Director (Non-Executive)300k
Amos (Roger Michael)Acquisition at price 0.01 per share.D2010-12-22Chairman of the Board190k
Harry (Jenny Lee)Other at price 0.01 per share.D2010-12-22Chief Executive Officer6.02M
Harry (Jenny Lee)D2010-06-30Chief Executive Officer293.33k
Jones (Lisa Meredith)D2010-06-30Secretary98.05k
Lindner (DR. Robyn)D2010-06-30Divisional Officer130.8k
Amos (Roger Michael)Acquisition at price 0.02 per share.D2009-09-04Chairman of the Board95k
Harry (Jenny Lee)Acquisition at price 0.17 per share.D2009-09-04Chief Executive Officer250k
Sleigh (DR. Merilyn Joy Ph.D.)I2009-08-07Director (Non-Executive)
Amos (Roger Michael)Other at price 0.09 per share.D2008-09-09Chairman of the Board95k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Contango Asset Management Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Contango Asset Management Limited

Here is the result of two systematic investment strategies applied to Contango Asset Management Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Contango Asset Management Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Contango Asset Management Limited:

Contango Asset Management Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 49.02% on the backtest period.

Performance at glance

Performance

49.02 %

Latent gain

1348.98 $

Invested capital

2751.84 $

Annualized return

9.25 %
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Momentum strategy results on Contango Asset Management Limited

This is the result of two momentum investment strategies applied to Contango Asset Management Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Contango Asset Management Limited

The following chart shows all the entries opened by the momentum investment system on Contango Asset Management Limited:

Contango Asset Management Limited momentum entries
  • The first momentum investment strategy would give 83.62% of return on Contango Asset Management Limited. That represents 5853.23$ of latent gain with 6999.45$ of employed capital.
  • The second momentum investment strategy would give 102.29% of return on Contango Asset Management Limited. That represents 3836.68$ of latent gain with 3750.78$ of employed capital.
Performance at glance (1Q Momentum)

Performance

83.62 %

Latent gain

5853.23 $

Invested capital

6999.45 $

Annualized return

30.63 %
Performance at glance (2Q Momentum)

Performance

102.29 %

Latent gain

3836.68 $

Invested capital

3750.78 $

Annualized return

21.22 %

Momentum equity curve on Contango Asset Management Limited

The following chart shows the equity curve of the two momentum strategies applied to Contango Asset Management Limited:

Contango Asset Management Limited momentum equity

Note: the dividends potentially given by Contango Asset Management Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Contango Asset Management Limited

The following chart shows the employed capital evolution of the two momentum strategies on Contango Asset Management Limited since the beginning:

Contango Asset Management Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Contango Asset Management Limited

Buy the dip entry openings on Contango Asset Management Limited

Contango Asset Management Limited

The performance achieved by the robo-advisor on Contango Asset Management Limited is 101.07%. That represents 1010.64$ of latent gain with 999.99$ of employed capital. The following chart shows Contango Asset Management Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Contango Asset Management Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

101.07 %

Latent gain

1010.64 $

Invested capital

999.99 $

Annualized return

30.63 %

Equity curve of the strategy applied to Contango Asset Management Limited

The following chart shows the result of the investment strategy applied to Contango Asset Management Limited:

Contango Asset Management Limited

Note: the dividends potentially given by Contango Asset Management Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Contango Asset Management Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Contango Asset Management Limited:

Contango Asset Management Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Contango Asset Management Limited

In this section, I will compare the three previous investment strategies applied to Contango Asset Management Limited.

Equity curve comparison on Contango Asset Management Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Contango Asset Management Limited investment strategy comparison

Employed capital comparison on Contango Asset Management Limited

Contango Asset Management Limited investment comparison

Performance comparison on Contango Asset Management Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 49.02% 1348.98$ 2751.84$ 9.25%
Momentum 1 quarter 83.62% 5853.23$ 6999.45$ 16.53%
Momentum 2 quarters 102.29% 3836.68$ 3750.78$ 21.22%
Non-directional 101.07% 1010.64$ 999.99$ 30.63%
Annualized return comparison

Automatic investment

9.25 %

Momentum 1Q

21.22 %

Momentum 2Q

21.22 %

Non-directional

30.63 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Contango Asset Management Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Contango Asset Management Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Contango Asset Management Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Contango Asset Management Limited
Country Australia
City Sydney
Address 10 Spring Street
Phone 61 1300 001 750
Website contango.com.au
FullTime employees
Industry Asset Management
Sector Financial Services
Exchange XASX
Ticker CGA.XASX
Market www2.asx.com.au

Contango Asset Management Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown