Audinate Group Ltd (ASX: AD8) Share Price and News

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Audinate Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $758.93 million
P/E Ratio 2,500.00
Dividend Yield N/A
Shares Outstanding 76.27 million
Earnings per share -0.083
Dividend per share N/A
Year To Date Return 21.47%
Earnings Yield 0.04%
Franking N/A
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as at 24 Feb 3:44pm

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Audinate Group Ltd (ASX: AD8)
Latest News

AD8 ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
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About Audinate Group Ltd

Audinate Group Ltd (ASX: AD8) is an Australian company specialising in digital audio networking technology. The company began life in 2003 when a small group of engineers received a grant from the National Information and Communications Technology of Australia (NICTA) to continue working on the design of new audio networking technology. After several years refining their technology, which went on to be named Dante, the team was spun off from NICTA to form Audinate in 2006.

From humble beginnings, Audinate has gone on to become the leading provider of AV-over-IP solutions for modern audio connectivity. The Dolby Lake Processor was the first professional audio device to be equipped with Dante and was debuted at a Barbra Streisand concern in 2008. Today, the company works with a diverse range of partners around the world, helping them integrate the Dante platform into their products. Dante has been adopted by hundreds of manufacturers globally including Bosch Communications Systems, Yamaha Commercial Audio, Harman, Symetrix and Midas, to name a few. The company continues to develop the Dante platform including innovations across both hardware and software solutions.

Audinate is headquartered in Sydney and also has offices in the United States, the United Kingdom and Hong Kong. The Audinate share price first listed on the ASX in 2017 and trended up until early 2020. The Audinate share price was hit hard by the February/March 2020 bear market, falling more than 60% between January and March. Since then, as at late September 2020, the Audinate share price has partially recovered but is yet to reach it pre-COVID highs.

AD8 Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
03 Aug 2021 $9.90 $0.11 1.12% 93,258 $9.79 $9.91 $9.66
02 Aug 2021 $9.79 $-0.17 -1.71% 93,663 $10.05 $10.09 $9.73
30 Jul 2021 $9.96 $0.11 1.12% 163,746 $9.85 $10.13 $9.77
29 Jul 2021 $9.85 $0.43 4.56% 128,455 $9.40 $9.88 $9.40
28 Jul 2021 $9.42 $-0.09 -0.95% 85,575 $9.47 $9.62 $9.38
27 Jul 2021 $9.51 $-0.01 -0.11% 130,612 $9.51 $9.68 $9.36
26 Jul 2021 $9.52 $-0.25 -2.56% 583,208 $9.70 $9.75 $9.51
23 Jul 2021 $9.77 $-0.09 -0.91% 97,547 $9.87 $9.95 $9.70
22 Jul 2021 $9.86 $0.00 0.00% 95,434 $9.91 $10.03 $9.80
21 Jul 2021 $9.86 $0.00 0.00% 59,467 $9.99 $10.00 $9.76
20 Jul 2021 $9.86 $0.06 0.61% 89,682 $9.73 $10.07 $9.73
19 Jul 2021 $9.80 $-0.23 -2.29% 86,862 $9.90 $10.01 $9.61
16 Jul 2021 $10.03 $0.23 2.35% 94,270 $9.80 $10.14 $9.67
15 Jul 2021 $9.80 $-0.20 -2.00% 194,129 $9.91 $10.16 $9.77
14 Jul 2021 $10.00 $-0.03 -0.30% 156,915 $10.02 $10.20 $9.91
13 Jul 2021 $10.03 $0.05 0.50% 210,821 $9.99 $10.29 $9.88
12 Jul 2021 $9.98 $0.78 8.48% 334,414 $9.41 $10.07 $9.41
09 Jul 2021 $9.20 $0.58 6.73% 605,033 $8.75 $9.35 $8.67
08 Jul 2021 $8.62 $0.23 2.74% 208,598 $8.49 $8.79 $8.43
07 Jul 2021 $8.39 $0.25 3.07% 100,282 $8.10 $8.48 $8.10
06 Jul 2021 $8.14 $0.09 1.12% 95,273 $8.15 $8.24 $8.00

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
11 Nov 2020 Aidan Williams Issued 51 $390,350
Issue of securities. 268,700 - performance rights
31 Aug 2020 Aidan Williams Exercise 59 $312,448
Conversion of securities. 216,998 - performance rights
31 Aug 2020 Aidan Williams Issued 59 $312,448
Conversion of securities.
17 Aug 2020 John Dyson Issued 5 $30,003
Participation in share purchase plan.
17 Aug 2020 Roger Price Issued 5 $30,003
Participation in share purchase plan.
17 Aug 2020 Tim Finlayson Issued 5 $30,003
Participation in share purchase plan.
17 Aug 2020 Alison Ledger Issued 2 $12,508
Participation in share purchase plan.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr John William Dyson Non-Executive Director Apr 2017
Mr Dyson is a director and one of the founders of Starfish Ventures. He played a crucial role in the establishment of Starfish Ventures and has personally overseen and managed investments across a range of technologies and industries. John is currently a director of Atmail Pty Ltd., Echoview Pty Ltd., Aktana Inc., Design Crowd Pty Ltd and Hearables 3D Pty Limited. John is also a director at the Walter and Eliza Hall Institute of Medical Research. Formerly, John was General Manager (Australia) of JAFCO Investment (Asia Pacific), a Singapore based private equity manager. Prior to joining JAFCO, John worked in the investment banking and stockbroking industries for Schroders, Nomura Securities, KPMG and ANZ McCaughan. He is Member of the Risk Management Committee.
Mr Roger John Price Non-Executive Director Apr 2017
Mr Price is currently the Chief Executive Officer of Windlab Limited, a wind energy company (which was listed on the ASX until it was sold and delisted on 29 June 2020). Previously Roger was also a partner at Innovation Capital, a venture capital firm in Sydney, one of the early investors in the Group. Roger has a depth of operational experience including senior engineering, manufacturing, information technology service and international business development roles for a number of technology-based companies. Prior to joining Innovation Capital, Roger was the Chief Executive Officer of Reino Intl., a developer of advanced parking solutions. Roger commenced his career at Alcatel and has held senior positions with a number of Australian technology businesses and NASDAQ listed software companies. He is member of Risk Management Committee.
Mr Tim Finlayson Non-Executive Director May 2017
Mr Finlayson have more than 25 years of experience in professional services, telecommunications and infrastructure industries and has held finance and operational leadership roles in Australia, Singapore and Vietnam. Tim is currently Chief Operating Officer with King & Wood Mallesons Australia, a leading international law firm. During his time at PricewaterhouseCoopers, Tim was a partner of Tax and Legal Services in Indochina advising foreign companies on setting up and operating in Vietnam, Cambodia and Laos, following tax advisory roles in Sydney and Singapore. Tim was previously Chief Financial Officer for Sydney Airport Corporation (ASX: SYD) and Hutchison Telecommunications (Australia) Limited (ASX: HTA). He is Chair of Risk Management Committee.
Ms Alison Rich Ledger Non-Executive Director May 2017
Ms Ledger have experience in banking, consulting and corporate P&L roles. She is currently a Non-Executive Director of private equity owned Latitude Financial Services, its subsidiary Hallmark Insurance and ASX listed Countplus. As a Partner with Mckinsey & Company, Alison advised leading global and Australian financial institutions on strategy, performance improvement and organisational change. While Executive General Manager, Product, Pricing and eBusinesses at Insurance Australia Group (IAG), Alison led the digital transformation of the direct insurance business.
Mr David Krall Non-Executive ChairmanNon-Executive Director Apr 2017
Mr Krall serves as a director and/or strategic advisor to several technology companies, combining a strong educational background in engineering and business with 30 years of professional experience. David currently acts as Strategic Advisor for Roku Inc. He is the former President and Chief Operating Officer of Roku Inc., a market leader in television streaming. He was also formerly President and Chief Executive Officer of Avid Technology Inc. (NASDAQ: AVID). He is also Director of Progress Software Corporation (NASDAQ: PRGS); Director of Harmonic Inc. (NASDAQ: HLIT); Director of Universal Audio; and, Chairman of WeVideo Inc. He was former director of Director of Quantum Corp. (NYSE: QTM)
Mr Lee Ellison Chief Executive OfficerExecutive Director Apr 2017
Mr Ellison has held a series of senior management roles in both start-up and listed companies in the telecom and computer technology industries. Lee has held various senior executive and leadership roles over the last 30 years. Lee formerly served as founding Senior Vice President of Worldwide Sales at Dilithium Networks. Previously, Lee served as Vice President of Global Sales and International Operations for Tektronix, Inc. During his 16-year tenure with Glenayre Electronics, Lee held various executive management positions.
Mr Aidan Williams Chief Executive OfficerExecutive Director Sep 2019
Mr Williams was the driving force behind the Digital Audio Networking project that developed the fundamental audio networking technology behind Dante. Prior to joining NICTA, Aidan was at Motorola Labs in Sydney where he worked on advanced networking technologies including zero-configuration IP networking, IPv6, reliable multicast, mobile adhoc networking and residential gateways. He is an inventor on more than twenty patents related to IP networking. Before embarking on an R&D career; Aidan developed skills in networking, security, operating systems, and software development through several years of hands-on experience managing large networks, mission-critical systems and network security for a large university campus.
Mr Rob Goss Chief Financial OfficerCompany Secretary
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Rob Goss Chief Financial OfficerCompany Secretary
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
J P Morgan Nominees Australia Pty Limited 18,821,224 24.83%
HSBC Custody Nominees (Australia) Limited 6,546,018 8.64%
Yamaha Corporation 6,289,308 8.30%
Mr Aidan Williams 1,910,907 2.52%
Citicorp Nominees Pty Limited 1,646,138 2.17%
National Nominees Limited 1,569,909 2.07%
Geetha Varuni Witana 934,882 1.23%
Mr David John Myers 700,000 0.92%
BNP Paribas Nominees Pty Ltd <IB AU Noms Retailclient DRP> 658,657 0.87%
BNP Paribas Noms Pty Ltd <Drp> 573,267 0.76%
Mirrabooka Investments Limited 491,680 0.65%
BNP Paribas Nominees Pty Ltd <Agency Lending DRP A/C> 400,007 0.53%
Mr David Krall 400,000 0.53%
ITR Investments Pty Limited <Ian Reid No 2 Family A/C> 345,360 0.46%
BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <Drp A/C> 337,811 0.45%
Bond Street Custodians Limited <Lwheat - F00450 A/C> 233,353 0.31%
Fabemu No 2 Pty Ltd <Gibbon Superannuation Fund> 204,919 0.27%
Mr Chris Ware 200,270 0.26%
Trujon Investment Holdings Pty Ltd <Trujon Super Fund A/C> 169,795 0.22%
Dunecove Pty Limited <Pencars Super Fund A/C> 168,003 0.22%

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