Equity Research Coverage Reports

AHAlife Holdings Limited (ASX: AHL) - US Based - Luxury Online Marketplace - Proprietary Technology Platform
Wednesday, September 2, 2015
AHAlife Holdings, Inc. (ASX: AHL) was founded in September 2010, in Manhattan, New York and provides a curated online marketplace (www.AHAlife.com) that sells premium high-end home and design, accessories, and beauty products produced by independent designers and artisans.
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US Masters Residential Property Fund (ASX:URF) - Portfolio Value Continues To Rise - Healthy Balance Sheet
Monday, May 11, 2015
The Fund has continued to expand its property portfolio albeit at a slower pace than previous years. The Fund has largely done this with equity raised to date. In the 2H’2014, the Fund expanded its bank borrowings by US$90m and raised $150m through the issue of unsecured notes.
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US Masters Residential Property Fund (ASX: URF) - FY15 Results - Revenue & Profit Increases
Wednesday, February 11, 2015
Revenue was up 62.7% in FY15 on the pcp, largely as a result of significantly improved rental income of $22m, up 58.6% on the pcp and slightly above our forecast rental income of $21.3m.
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Codan Limited (ASX: CDA) - Metal Detection Devices/ Other Communication Tech - Results Jan 16 - Revenue Down But Profit Up
Monday, January 12, 2015
1H’16 revenue was $65m, down 4.8% on the pcp, primarily as a result of the decline in revenues from the Radio Communications division. Despite the decline in revenue, gross profit improved to 54.5% from 52.7% in the pcp. EBITDA and net profit also improved. EBITDA was up 7.3% to $14.7m and net profit was up 8.9% to $6.1m, year on year. EBITDA margins improved to 22.6% in 1H’16 from 20.1% in the pcp.
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Suda Limited - (ASX: SUD) - Delivering Drugs through Oral Sprays - Transaction focus in 2014
Tuesday, January 6, 2015
Since our Initiation of Coverage in February 2014, the company has made a number of advancements in the development of the product portfolio, particularly with respect to ArtiMistTM.
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