Objective Corporation Limited (OCL) AI Stock Analysis

• Market Cap: AU$1.57B
• Dividend Yield: 1.58%
• Average Volume (3M): 40.32K
• Price to Earnings (P/E): 48.9
• Beta (1Y): 0.81
• Revenue Growth: 7.00%
• EPS Growth: 19.41%
• Country: AU
• Employees: 400
• Sector: Technology
• Sector Strength: 68
• Industry: Software - Application
• EPS (TTM): 0.34
• Shares Outstanding: 95,588,250
• 10 Day Avg. Volume: 25,971
• 30 Day Avg. Volume: 40,317
• PEG Ratio: 2.52
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$15.51
• Price Target Upside: -5.54% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

Objective Corporation Limited receives a solid overall stock score due to its strong financial performance, characterized by robust revenue growth and solid cash flow generation. Technical analysis shows potential short-term strength, but medium-term indicators suggest caution. The valuation appears stretched, which could limit further upside. The absence of recent earnings call data or significant corporate events means the assessment relies heavily on historical financial and technical data.

Objective Corporation Limited Business Overview & Revenue Model

Company Description

Objective Corporation Limited (OCL) is a technology company that specializes in providing enterprise content management (ECM) solutions to organizations. The company operates in sectors such as government, healthcare, and regulated industries, offering software products designed to manage content, data, and processes. Objective's core products include solutions for document management, workflow automation, and information governance.

How the Company Makes Money

Objective Corporation Limited makes money primarily through the sale and licensing of its software products. The company generates revenue by offering subscription-based models for its cloud-based solutions, as well as perpetual licenses for on-premises deployments. Key revenue streams include software licenses, maintenance and support services, and professional services for implementation and integration. Additionally, Objective engages in strategic partnerships with other technology providers to enhance its product offerings and expand its reach in various markets. The company's ability to secure long-term contracts with government agencies and large enterprises significantly contributes to its stable earnings.

Objective Corporation Limited Financial Statement Overview

Summary

Objective Corporation Limited demonstrates strong financial health across all major financial statements. The company exhibits robust revenue growth and profitability, supported by efficient cost management. The balance sheet is solid with low leverage and high returns on equity. Cash flows are strong, with excellent free cash flow generation, positioning the company well for future investments or distributions. While overall performance is impressive, continued monitoring of liabilities and operational efficiencies can further enhance financial stability.

Income Statement

Objective Corporation Limited exhibits strong performance with a consistent upward trajectory in revenue and profitability. The Gross Profit Margin is robust at approximately 93.6%, and the Net Profit Margin is solid at 27.3% for the latest year. The company shows a healthy Revenue Growth Rate of 5.4% year-over-year. Although EBIT and EBITDA margins are strong at 34.0% and 39.2% respectively, indicating operational efficiency, the company could continue to optimize operational expenses.

Balance Sheet

The company maintains a strong balance sheet with a Debt-to-Equity Ratio of 0.15, indicating low leverage and financial stability. The Return on Equity is impressive at 33.9%, showcasing effective use of equity capital. The Equity Ratio is 53.4%, reflecting a strong capital structure with substantial equity financing. However, slight increases in liabilities over the years suggest a need to monitor debt levels.

Cash Flow

Objective Corporation's cash flow generation is robust, with a Free Cash Flow Growth Rate of 78.1%, highlighting efficient cash management. The Operating Cash Flow to Net Income Ratio is 1.78, showing strong cash conversion from profits. Free Cash Flow to Net Income Ratio is also strong at 1.30, indicating good free cash flow generation relative to net income. The company is in a strong position to reinvest or return capital to shareholders.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
114.80M	108.92M	106.37M	94.92M	69.63M
	Gross Profit
107.21M	96.79M	95.22M	84.72M	62.95M
	EBIT
39.04M	21.14M	25.12M	20.70M	13.72M
	EBITDA
45.01M	26.08M	30.64M	25.57M	17.24M
	Net Income Common Stockholders
31.33M	21.09M	19.56M	16.09M	11.03M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
95.98M	72.52M	63.79M	48.36M	51.05M
	Total Assets
172.90M	159.99M	140.44M	116.73M	98.89M
	Total Debt
13.45M	15.92M	9.22M	11.50M	12.74M
	Net Debt
-82.53M	-56.60M	-54.58M	-36.86M	-38.30M
	Total Liabilities
80.60M	86.44M	78.49M	69.78M	63.54M
	Stockholders Equity
92.30M	73.55M	61.96M	46.95M	35.34M
Cash Flow		Free Cash Flow
40.69M	22.86M	29.33M	23.58M	27.92M
	Operating Cash Flow
55.78M	23.43M	30.54M	24.70M	29.15M
	Investing Cash Flow
-15.18M	-757.00K	-4.69M	-19.35M	-4.70M
	Financing Cash Flow
-17.16M	-14.10M	-10.42M	-8.00M	-7.67M

Objective Corporation Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:OCL, the sentiment is Positive. The current price of 16.42 is above the 20-day moving average (MA) of 14.99, above the 50-day MA of 15.15, and above the 200-day MA of 15.15, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 68.76 is Neutral, neither overbought nor oversold. The STOCH value of 91.58 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:OCL.

Objective Corporation Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OCL	77 Outperform	AU$1.57B	48.88	36.92%	1.58%	7.00%	19.41%
WTC	71 Outperform	$31.60B	125.38	14.13%	0.21%	-1.78%	12.79%
TNE	70 Outperform	€10.23B	86.23	34.02%	0.78%	17.97%	14.29%
BVS	66 Neutral	AU$977.41M	13.63	57.04%	0.73%	18.63%	―
Sector *	60 Neutral	$10.94B	10.58	-7.08%	2.98%	7.52%	-12.04%
ALC	52 Neutral	AU$118.18M	―	-5.63%	―	-11.96%	7.50%

Objective Corporation Limited Corporate Events

Objective Corporation Limited Announces Quotation of New Securities

Objective Corporation Limited announced the quotation of 2,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of April 16, 2025. This move is part of the company’s strategy to enhance its market presence and liquidity, potentially impacting its operational capabilities and offering stakeholders an opportunity to engage with the company’s growth trajectory.

Objective Corporation Limited Announces Quotation of New Securities

Objective Corporation Limited has announced the application for the quotation of 100 fully paid ordinary shares on the ASX, dated April 16, 2025. This move signifies the company’s ongoing efforts to manage its securities and maintain its presence in the market, potentially impacting its operational strategies and stakeholder interests.

Objective Corporation Lists New Securities on ASX

Objective Corporation Limited has announced the quotation of 137,500 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of March 17, 2025. This move reflects the company’s ongoing efforts to strengthen its market presence and provide value to its stakeholders by expanding its capital base.

Objective Corporation Limited Announces New Securities Quotation

Objective Corporation Limited announced the issuance of 4,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code OCL. This move is part of the company’s strategy to increase its market presence and liquidity, potentially impacting its operations by providing additional capital for growth and enhancing its industry positioning.

Objective Corporation Limited Announces Quotation of New Securities

Objective Corporation Limited has announced the quotation of 3,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of March 5, 2025. This move is part of the company’s strategy to enhance its market presence and potentially increase its shareholder base, reflecting its ongoing growth and development within its sector.

Objective Corporation Announces Director’s Change in Shareholding

Objective Corporation Limited announced a change in the interests of its director, Stephen Bool, involving the exercise of rights under the company’s Employee Equity Plan. This resulted in an increase of 2,500 fully paid ordinary shares, bringing his total to 130,000 shares. The change reflects the company’s ongoing commitment to aligning management interests with shareholder value, potentially impacting stakeholder confidence positively.

Objective Corporation Limited Issues New Securities

Objective Corporation Limited has announced the issuance of 2,500 ordinary fully paid securities as of February 28, 2025. This move signifies the company’s ongoing efforts to manage its equity structure and could potentially impact its market positioning by enhancing liquidity and shareholder value.

Objective Corporation’s 1HY2025 Results Highlight GovTech Impact

Objective Corporation Limited has released its financial results for the first half of 2025, highlighting the significant role of its GovTech solutions in enhancing community and national strength. The announcement underscores the company’s strategic focus on leveraging technology to drive positive societal outcomes, potentially reinforcing its position in the GovTech industry and benefiting stakeholders through improved public sector efficiencies.

Objective Corporation Reports Steady Growth in First Half of FY2025

Objective Corporation reported a 6% increase in revenue to $61.3 million for the first half of FY2025, with net profit after tax rising by 4% to $17.0 million. The company saw a 10% increase in annualized recurring revenue, driven by strong growth in its regulatory solutions segment. Despite a decrease in operating cash flow, the company’s cash balance rose by 26%, and it maintained its dividend payments. The company continues to invest in sales and marketing to support its ARR growth target of 15% and expand its market presence.

Objective Corporation Announces Dividend Distribution for H2 2024

Objective Corporation Limited announced a dividend distribution of AUD 0.09 per ordinary fully paid share, relating to the six-month period ending December 31, 2024. The ex-date for the dividend is March 6, 2025, with a record date of March 7, 2025, and payment scheduled for March 17, 2025, reflecting the company’s continued commitment to returning value to its shareholders.

Objective Corporation Announces Quotation of New Securities

Objective Corporation Limited has announced the issuance of 2,400 fully paid ordinary securities, scheduled to be quoted on the ASX on February 10, 2025. This move represents the exercise of options or conversion of other convertible securities, potentially strengthening the company’s financial position and market presence.