Phoslock Environmental Technologies Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.01
Dividend & YieldN/A$ (N/A)
Beta -0.09
Market capitalization 153.13M
Operating cash flow -6.93M
ESG Scores unknown

Company description

Phoslock Environmental Technologies Limited engages in the design, engineering, and project implementation solutions for water related projects and water treatment products. It offers Phoslock, a formulation of bentonite lanthanum that removes excess phosphate from the water; and Zeolite that is applied to heavily polluted water to bind nitrogen. The company's products are used to clean up lakes, rivers, canals, wetlands, and drinking water reservoirs. It operates in Australia and New Zealand; Europe and the United Kingdom; the United States, Canada, and Brazil; and China. The company was formerly known as Phoslock Water Solutions Limited and changed its name to Phoslock Environmental Technologies Limited in August 2018. Phoslock Water Solutions Limited was incorporated in 2002 and is headquartered in South Yarra, Australia.

Sector: Industrials - Industry: Pollution & Treatment Controls

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -4.09M 5.61M -4M -636k
Total Cashflows From Investing Activities -368.11k -618k -52k -141k
Net Borrowings -620.04k -348k -1.11M -480k
Total Cash From Financing Activities 16.58M 3.14M 27.96M -480k
Change To Operating Activities 407.8k -308k 120k -442k
Issuance Of Stock 17.69M 3.52M 30M
Net Income -1.34M -1.08M -25.49M -3.94M
Change In Cash 1.11M 10.08M 15.48M -7.45M
Effect Of Exchange Rate 29.38k -4k 129k 97k
Total Cash From Operating Activities -15.14M 7.57M -12.55M -6.93M
Depreciation 243.3k 577k 706k 142k
Change To Account Receivables -12.54M 5.32M -633k -267k
Other Cashflows From Financing Activities -482.78k -31k -932k
Change To Netincome 4.01M 18k 17.61M -1.92M
Capital Expenditures -225.31k -554k -31k -51k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -286.08k 158k -25.76M -3.94M
Net Income -1.34M -1.08M -25.49M -3.94M
Selling General Administrative 7.34M 11.63M 11.85M 12.32M
Gross Profit 9.87M 11.41M 4.1M 3.59M
Ebit -379.54k -247k -18.65M -6.29M
Operating Income -379.54k -247k -18.65M -6.29M
Interest Expense -73k -73k -204k -61k
Income Tax Expense 1.05M 1.24M -272k
Total Revenue 17.97M 19.76M 6.88M 6.3M
Cost Of Revenue 8.11M 8.34M 2.77M 2.71M
Total Other Income ExpenseNet 93.46k 405k -7.11M 2.36M
Net Income From Continuing Ops -1.34M -1.08M -25.49M -3.94M
Net Income Applicable To Common Shares -1.34M -1.08M -25.49M -3.94M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 3.49M 9.68M 8.23M 4.6M
Total Stockholder Equity 24M 25.76M 29.65M 25.82M
Other Current Liabilities 1.08M 1.94M 1.33M 143k
Total Assets 27.48M 35.44M 37.88M 30.41M
Common Stock 59.9M 63.39M 92.4M 92.4M
Other Current Assets 36.46k 327k 58k 288k
Retained Earnings -41.91M -38.24M -63.74M -67.67M
Treasury Stock 6.01M 607k 985k 1.09M
Cash 4.88M 14.96M 30.44M 22.99M
Total Current Liabilities 3.45M 9.34M 4.94M 3.83M
Other Stockholder Equity 6.01M 607k 985k 1.09M
Property, Plant, and Equipment 1.47M 2.27M 238k 337k
Total Current Assets 25.5M 32.98M 37.46M 29.84M
Net Tangible Assets 23.86M 25.56M 29.46M 25.58M
Net Receivables 17.91M 12.44M 2.73M 2.78M
Accounts Payable 1.97M 5.99M 2.22M 1.67M


Insider Transactions

Here are the insider transactions of stock shares related to Phoslock Environmental Technologies Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Winks (Andrew)D2021-12-31Divisional Officer54k
Traill (Nigel Alan)D2020-12-31Divisional Officer50k
Hai (Zhao Peng Jason)D2020-12-31Divisional Officer200k
Liu (Tingshan)D2020-12-31Former650k
Freedman (Laurence Stephen)Purchase at price 0.23 per share.D2020-07-10Chairman of the Board30k
Freedman (Laurence Stephen)Purchase at price 0.22 per share.D2020-07-09Chairman of the Board70k
Freedman (Laurence Stephen)Other at price 0.35 per share.D2020-06-03Chairman of the Board200k
Ma (Ningping)Other at price 0.35 per share.D2020-06-03Director (Non-Executive)200k
McKinnon (Lachlan)Other at price 0.35 per share.D2020-06-03Chief Executive Officer500k
Shanahan (Brenda Mary)Other at price 0.35 per share.D2020-06-03Director (Non-Executive)200k
Schuitema (Robert)D2020-05-25Retired9.55M
Liu (Tingshan)D2020-04-17Divisional Officer1.72M
Hui (Chris)D2019-12-31Secretary1.01M
Ma (Ningping)D2019-12-31Director (Non-Executive)39.28k
Traill (Nigel Alan)D2019-12-31Divisional Officer1.01M
Winks (Andrew)D2019-12-31Divisional Officer925.6k
Ma (Ningping)Other at price 0.90 per share.D2019-10-03Director1.69M
Freedman (Laurence Stephen)D2019-09-23Chairman of the Board344.2k
Ma (Ningping)D2019-09-23Director19.37k
Schuitema (Robert)D2019-09-23Managing Director47.5k
Shanahan (Brenda Mary)D2019-09-23Director (Non-Executive)6.5k
Freedman (Laurence Stephen)Sale at price 0.91 per share.D2019-08-26Chairman of the Board19.37M
Ma (Ningping)Sale at price 0.84 per share.D2019-08-26Director938.58k
Schuitema (Robert)Sale at price 0.91 per share.D2019-08-26Managing Director3.2M
Ma (Ningping)Sale at price 0.53 per share.D2019-06-07Director500k
Schuitema (Robert)Acquisition at price 0.14 per share.D2019-06-06Managing Director3.34M
Schuitema (Robert)Sale at price 0.28 per share.D2019-06-06Managing Director1.68M
Liu (Tingshan)D2018-12-31Divisional Officer3M
Traill (Nigel Alan)D2018-09-18Divisional Officer477.88k
Shanahan (Brenda Mary)Purchase at price 0.30 per share.D2018-09-05Director (Non-Executive)300k
Schuitema (Robert)D2018-09-05Managing Director3.04M
Winks (Andrew)D2018-06-30Divisional Officer1.08M
Schuitema (Robert)Other at price 0.23 per share.D2018-02-26Managing Director1.5M
Schuitema (Robert)Sale at price 0.15 per share.D2017-12-07Managing Director1M
Shanahan (Brenda Mary)Other at price 0.13 per share.D2017-11-30Director (Non-Executive)1M
Freedman (Laurence Stephen)Other at price 13.68 per share.D2017-10-20Chairman of the Board5.71k
Schuitema (Robert)Acquisition at price 0.13 per share.D2017-10-20Managing Director87.71k
Schuitema (Robert)Other at price 0.07 per share.D2017-09-26Managing Director2M
Freedman (Laurence Stephen)Purchase at price 0.14 per share.D2017-08-15Chairman of the Board100k
Freedman (Laurence Stephen)Purchase at price 0.14 per share.D2017-08-10Chairman of the Board100k
Hong (Zhongming)D2017-06-30Divisional Officer865.5k
Wang (Xingyuan)D2017-06-30Other Executive700k
Freedman (Laurence Stephen)Conversion at price 0.03 per share.D2017-05-31Chairman of the Board14.13M
Freedman (Laurence Stephen)Purchase at price 11.90 per share.D2017-05-19Chairman of the Board411.27k
Freedman (Laurence Stephen)Purchase at price 0.08 per share.D2017-04-10Chairman of the Board154.74k
Freedman (Laurence Stephen)Exercise at price 0.04 per share.D2016-07-13Chairman of the Board5M
Winks (Andrew)D2016-06-30Divisional Officer214.29k
Traill (Nigel Alan)D2016-06-29Divisional Officer214.29k
Freedman (Laurence Stephen)Other at price 0.05 per share.D2016-06-29Chairman of the Board371.43k
Freedman (Laurence Stephen)D2016-06-17Chairman of the Board26.26M
Schuitema (Robert)Other at price 0.03 per share.D2016-06-17Managing Director6.25M

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 Phoslock Environmental Technologies 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 Phoslock Environmental Technologies Limited

Here is the result of two systematic investment strategies applied to Phoslock Environmental Technologies 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 Phoslock Environmental Technologies Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Phoslock Environmental Technologies Limited:

Phoslock Environmental Technologies Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -10.96% on the backtest period.

Performance at glance

Performance

-10.96 %

Latent gain

-273.94 $

Invested capital

2499.28 $

Annualized return

-2.63 %
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Momentum strategy results on Phoslock Environmental Technologies Limited

This is the result of two momentum investment strategies applied to Phoslock Environmental Technologies 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 Phoslock Environmental Technologies Limited

The following chart shows all the entries opened by the momentum investment system on Phoslock Environmental Technologies Limited:

Phoslock Environmental Technologies Limited momentum entries
  • The first momentum investment strategy would give -23.87% of return on Phoslock Environmental Technologies Limited. That represents -1432.44$ of latent gain with 5999.98$ of employed capital.
  • The second momentum investment strategy would give -17.6% of return on Phoslock Environmental Technologies Limited. That represents -527.81$ of latent gain with 2999.37$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-23.87 %

Latent gain

-1432.44 $

Invested capital

5999.98 $

Annualized return

-31.47 %
Performance at glance (2Q Momentum)

Performance

-17.6 %

Latent gain

-527.81 $

Invested capital

2999.37 $

Annualized return

-4.78 %

Momentum equity curve on Phoslock Environmental Technologies Limited

The following chart shows the equity curve of the two momentum strategies applied to Phoslock Environmental Technologies Limited:

Phoslock Environmental Technologies Limited momentum equity

Note: the dividends potentially given by Phoslock Environmental Technologies 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 Phoslock Environmental Technologies Limited

The following chart shows the employed capital evolution of the two momentum strategies on Phoslock Environmental Technologies Limited since the beginning:

Phoslock Environmental Technologies 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 Phoslock Environmental Technologies Limited

Buy the dip entry openings on Phoslock Environmental Technologies Limited

Phoslock Environmental Technologies Limited

The performance achieved by the robo-advisor on Phoslock Environmental Technologies Limited is -67.97%. That represents -170.04$ of latent gain with 250.16$ of employed capital. The following chart shows Phoslock Environmental Technologies Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Phoslock Environmental Technologies 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

-67.97 %

Latent gain

-170.04 $

Invested capital

250.16 $

Annualized return

-31.47 %

Equity curve of the strategy applied to Phoslock Environmental Technologies Limited

The following chart shows the result of the investment strategy applied to Phoslock Environmental Technologies Limited:

Phoslock Environmental Technologies Limited

Note: the dividends potentially given by Phoslock Environmental Technologies 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 Phoslock Environmental Technologies Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Phoslock Environmental Technologies Limited:

Phoslock Environmental Technologies 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 Phoslock Environmental Technologies Limited

In this section, I will compare the three previous investment strategies applied to Phoslock Environmental Technologies Limited.

Equity curve comparison on Phoslock Environmental Technologies Limited

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

Phoslock Environmental Technologies Limited investment strategy comparison

Employed capital comparison on Phoslock Environmental Technologies Limited

Phoslock Environmental Technologies Limited investment comparison

Performance comparison on Phoslock Environmental Technologies Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -10.96% -273.94$ 2499.28$ -2.63%
Momentum 1 quarter -23.87% -1432.44$ 5999.98$ -6.09%
Momentum 2 quarters -17.6% -527.81$ 2999.37$ -4.78%
Non-directional -67.97% -170.04$ 250.16$ -31.47%
Annualized return comparison

Automatic investment

-2.63 %

Momentum 1Q

-4.78 %

Momentum 2Q

-4.78 %

Non-directional

-31.47 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Phoslock Environmental Technologies 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 Phoslock Environmental Technologies Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Phoslock Environmental Technologies Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Phoslock Environmental Technologies Limited
Country Australia
City South Yarra
Address 650 Chapel Street
Phone 61 3 9110 0002
Website www.phoslock.com.au
FullTime employees 40
Industry Pollution & Treatment Controls
Sector Industrials
Exchange XASX
Ticker PET.XASX
Market www2.asx.com.au

Phoslock Environmental Technologies 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