OCTFOLIO company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

octfolio.com.au

About OCTFOLIO

OCTFOLIO is an Australian-based technology company specializing in the development of integrated business software solutions for Asbestos and Hazardous Materials Information Management meeting both Australian and New Zealand regulation requirements. OCTFOLIO can be used for a number of compliance solutions such as building inspections, confined spaces, contaminated land, fire safety, electrical tag and test, disability access and many others.

OCTFOLIO Headquarter Location

Level 9 1 Eagle Street, Waterfront Place

Brisbane, Queensland, 4000,

Australia

+61 7 3121 3166

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing OCTFOLIO

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

OCTFOLIO is included in 1 Expert Collection, including Regtech.

R

Regtech

1,341 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements in FIs. Regulatory technology helps FIs and regulators address challenges ranging from traditional compliance and risk management to data reporting and transmission.

Latest OCTFOLIO News

Why this small-cap ASX share can follow $6 billion rival

Aug 12, 2021

Nothing’s a sure thing but one expert reckons he’s found something special. Senior journalist at The Motley Fool Tony Yoo is a senior journalist at The Motley Fool Australia. Please send story tips to tony.yoo(at)foolcontractors.com . Tony's stock holdings are here . Latest posts by Tony Yoo ( see all ) Image source: Getty Images What if you knew of a small-cap ASX share that was doing all the right things that its bigger rival did years ago? If you could see how it could grow as big as the larger competitor, would you be tempted to buy in? And he reckons he’s just caught one. “Laboratory and environmental services business HRL Holdings Ltd (ASX: HRL) is capitalised at just over $55 million and the journey of ASX-listed peer ALS Ltd (ASX: ALQ) — capitalised at more than $6 billion — gives some indication of the market opportunity.” A small-cap that’s already profitable A major upside of HRL, according to Binsted, is that it’s in the black already. “Unlike many early-stage businesses, HRL is already profitable,” he said on the NovaPort blog. “This meets a key criterion that NovaPort Capital looks for in emerging companies: cashflows that can fund growth without the downside risk associated with many high-growth, high cash-burn businesses.” Binsted showed a comparison of underlying earnings margins of HRL and its competitors, which showed it ranked 3rd in a field of 9. “HRL generates margins that are very healthy when judged against a peer set of much larger businesses.” The business also has “a strong balance sheet with negligible debt”, according to Binsted. 3 paths to growth Binsted’s team thinks HRL’s testing capabilities in food and water quality and environmental hazards put it in an excellent position for growth. There are 3 ways that it could grow: Investment in existing operations (new tests, equipment upgrade, new regions) Bolt-on acquisitions to expand services or customer demographics ‘Transformational’ acquisition for rapid expansion According to Binsted, HRL is pursuing all 3 avenues. “The recent acquisition of Water Testing Hawkes Bay in New Zealand, while small, demonstrates the capacity to continually expand the group’s testing lines,” he said. “HRL is also investing in a joint venture with Milk Test NZ called Food Lab that has just commenced trading and will begin with a focus on the NZ dairy industry.” HRL leadership estimate Food Lab’s addressable market is about NZ$40 million, to be fought over with 2 main competitors. “Snaring a third of this market would be material given HRL’s current revenues of around $35 million.” As for that massive transformational takeover, the chair of HRL is a man named Greg Kilmister. “Kilmister was the chief executive of ALS Limited and took the business from a market cap of less than $400 million to more than $3 billion,” said Binsted. “That’s the kind of steady hand that provides comfort in any big strategic moves or tough patches.” HRL has a clear plan Binsted was impressed that HRL presented a very precise 3-year plan for growth during its recent financial year 2021 results announcement. “This will require reinvestment, but we are willing to back management to use shareholder capital wisely and drive value-accretive growth.” The company has a software arm called Octfolio which Binsted’s team thinks has tremendous potential. “Octfolio’s hazardous materials, workplace safety, and field management software generates just under $1 million in revenue. At that size, it has proof of concept and customer validation but is immaterial to earnings and valuation,” the analyst said. “With a re-energised sales focus, Octfolio could become a significant, and high value, revenue stream. Its current contribution is not valued by the market, so the upside is large relative to any downside.” Small-cap risk Of course, Binsted reminded investors that no ASX share is a sure thing. “Growth is not a right and markets are competitive. There are no guarantees that HRL’s organic investment drive will bear fruit,” he said. “It is also possible that the share price will suffer near-term as the growth initiatives crimp current earnings ahead of any potential revenue growth.” HRL currently operates in “a comfortable niche”, but desperately needs economies of scale to elevate to the next level. “Failure to get to scale or a misguided acquisition in the quest to bulk up are 2 further risks to our investment thesis.” Wondering where you should invest $1,000 right now? When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more. * Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

OCTFOLIO Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

OCTFOLIO Rank

  • Where is OCTFOLIO's headquarters?

    OCTFOLIO's headquarters is located at Level 9, Brisbane.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.