About
About Ignite Limited
Ignite Limited, together with its subsidiaries, engages in the specialist recruitment and technology solutions in Australia and New Zealand. The company offers contingent labour and permanent placement services, as well as permanent, government, contract, and temporary recruitment services. It also provides IT & digital, cybersecurity, business support, engineering, library roles, and professional service recruitment services. In addition, the company offers on demand IT services, including IT field project, network management, and software rollouts and upgrade services; managed services, such as IT solutions architect, digital and cloud solutions, IT infrastructure upgrade, and IT software rollouts and upgrade services; and professional services, which consist of IT project management, IT Solutions architect, digital and cloud solutions, IT infrastructure upgrade, data management, and cyber security services. The company was formerly known as Clarius Group Limited and changed its name to Ignite Limited in December 2018. Ignite Limited was incorporated in 1984 and is headquartered in Sydney, Australia.
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5 years, 4 months ago
Ignite Limited is currently in a long term uptrend where the price is trading 25.5% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.1.
Ignite Limited's total revenue sank by 16.6% to $57M since the same quarter in the previous year.
Its net income has increased by 144.5% to $2M since the same quarter in the previous year.
Finally, its free cash flow grew by 67.2% to $350K since the same quarter in the previous year.
Based on the above factors, Ignite Limited gets an overall score of 4/5.