The New Zealand founded mobile engagement platform is already listed on the New Zealand Exchange but has created a secondary listing on the other side of the Ditch.Plexure was founded in 2010 and helps consumer brands deliver 1-on-1 offers through their mobile devices. Plexure Group is firming up plans for an initial public offering, potentially shifting its primary listing across the ditch. Stock analysis for Plexure Group Ltd (PLX) including stock price, stock chart, company news, key statistics, fundamentals and company profile. News Filter By Filter By: All 2020 2019 2017 July 16 2020 Cashed-up Plexure eyes acquisitions to accelerate growth as loss shrinks Read More July 16 2020 Plexure Group Limited included in the MSCI Micro Cap Index Download July 16 2020 Plexure Appoints Jack Matthews as a Non-Executive Director Read More July 16 2020 Notice […] Plexure Group Limited (NZX: PLX) (Plexure), one of the leading international specialist mobile engagement platform providers, announces that it is proposing to raise up to NZ$32.0 million through an underwritten A$30.0 million private placement (Placement) and a non-underwritten share purchase plan (SPP) to raise up to NZ$5.0 million (together, the Offer). As at September 2020, Plexure Group had cash of NZ$8.8m and no debt. Stockhead's morning newsletter makes things simple: Markets coverage, company profiles and industry insights from Australia's best business journalists - all collated and delivered straight to your inbox every morning. So, Plexure Group has an ROCE of 1.4%. According to our data, Plexure Group Limited has a market capitalization of NZ$197m, and paid its CEO total annual compensation worth NZ$717k over the year to March 2020. Check out the latest news, insights and unique analysis brought to you by Stockhead's team of business journalists and industry experts on Plexure Group. Mobile marketing company Plexure Group is considering joining a growing tide of companies crossing the Tasman to list on the key Australian sharemarket, the ASX. The Placement was fully subscribed at the offer price of NZ$1.20 per share. November 25, 2020November 25, 2020 | Nick Sundich. Plexure CEO Craig Herbison said the secondary listing on the ASX is the next major step in Plexure’s strategy, supporting the acceleration of its overseas growth. Plexure Group Ltd. historical stock charts and prices, analyst ratings, financials, and today’s real-time PLX stock price. Approximately 26.7 million shares were offered at A$1.13 a share (NZ$1.20), giving Plexure a market capitalisation of A$209 million. Therefore, from September 2020 it had roughly 22 months of cash runway. Brands that use Plexure see an increase in customer numbers and visit frequency, higher average transaction values, larger share of wallet and improved customer satisfaction scores. Necessary cookies are absolutely essential for the website to function properly. Plexure CEO Craig Herbison said the secondary listing on the ASX is the next major step in Plexure’s strategy, supporting the acceleration of its overseas growth. Get the latest stock news and insights straight to your inbox. Plexure Group more than halved its annual loss as the cashed-up mobile advertising firm boosted revenue, and it's now looking at acquisitions to accelerate that growth. Plexure Group has a market capitalisation of NZ$205m and burnt through NZ$4.8m last year, which is 2.4% of the company's market value. Plexure Group is not a large company by global standards. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. But opting out of some of these cookies may have an effect on your browsing experience. The state of the grocery industry: 4 trends shaping the next normal, How mobile order & pay drove record results for McDonald’s japan during COVID-19, Explainable AI, Part 1: What it is, why it’s important, and the impact it has on business and society. Plexure Group has recently broken into profitability so their prior investments seem to be paying off. These cookies will be stored in your browser only with your consent. Plexure Group competitive advantages and company strategy can generally be found in its financial reports archived here. Company profile page for Plexure Group Ltd including stock price, company news, press releases, executives, board members, and contact information Shareholders would no doubt be pleased with this because the business was loss-making five years ago but is is now generating 1.4% on its capital. It focuses on mobile engagement software services, with … The fact that Plexure Group is now generating some pre-tax profits from its prior investments is very encouraging. Thus, Plexure Group has an ROCE of 1.4%. Notably, that's an increase of 57% over the year before. Friday, 13 November 2020, 3:23 pm | Plexure Group. This website uses cookies to improve your experience while you navigate through the website. Plexure saw revenue increase 51 percent for the six months ended Sept. 30, to $8.1 million, and net profit hit $1.1 million. Plexure Group Limited (ASX:PX1; NZX:PX1), started trading today on the Australian Securities Exchange (ASX) under a foreign exempt listing after a recent oversubscribed A$30 million (NZ$32m) placement. By clicking “Accept”, you consent to the use of ALL the cookies. Latest Share Price and Events. These cookies do not store any personal information. Our locations. Share Price & News. Plexure Group Ltd. engages in the development and deployment of a real time customer relationship management solutions. Get today's Plexure Group Ltd stock price and latest PX1 news as well as Plexure real-time stock quotes, technical analysis, full financials and more. Plexure Group Ltd (NZE:PX1) started trading on the ASX today under a foreign exempt listing following an oversubscribed private placement that raised $30 million.. View our latest analysis for Plexure Group . Ultimately, that's a low return and it under-performs the Software industry average of 11%. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Our purpose Our value Key stats Our leadership & board, Our way at Plexure Employee stories Why work at Plexure? As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. Plexure Group Limited (NZX: PLX) is pleased to announce that it has successfully closed the bookbuild for its approximately NZ$32 million underwritten placement announced on 11 November 2020.The Placement was strongly supported, attracting bids well in excess of the NZ$32 million placement amount. Check out the latest news, insights and unique analysis brought to you by Stockhead's team of business journalists and industry experts on Plexure Group. IPO Watch: Shopping rewards platform Cashrewards becomes the latest IPO to rise on debut, Plexure enters the ASX; shares commence trading slightly up. Join the HotCopper ASX share market forum today for free. It is mandatory to procure user consent prior to running these cookies on your website. Plexure Group Limited (Plexure) announced that it has successfully closed the bookbuild for its approximately NZ$32 million underwritten placement announced on 11 November 2020. Comparing Plexure Group Limited's CEO Compensation With the industry. For investors, getting access to the right information is critical. To calculate this metric for Plexure Group, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.014 = NZ$229k ÷ (NZ$26m - NZ$9.1m) (Based on the trailing twelve months to March 2020). 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