IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Qoria (QOR AU): Tread Carefully Despite a Favourable Risk/Reward Profile

Weekly Deals Digest (26 Apr) - Xizhi (Lightelligence), Metis TechBio, Makino, Emmerson, Qoria, Qube

Merger Arb Mondays (27 Apr) - Makino, Skyworth, ENN, Changhong Jiahua, Qoria, Qube, Emmerson

Qoria (QOR AU): Risk/Reward in the Aftermath of SaaStrophe

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Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/qoria-ltd" target="_blank" data-smartkarma-citation="entities:30531:1" rel="noopener">Qoria (QOR AU)</a> provided an update on Aura’s results for the two months ended 28 February. The financial disclosure has both positives and negatives.</li>
<li>The positive is that Aura has improved its key performance indicators (KPIs) across the business. The negatives are that the D2C segment faces challenges with retention and profitability.</li>
<li>While the QOR deal valuation of A$0.72 is nonsensical, the risk/reward profile remains favourable. Based on Aura’s results, the updated implied QOR’s fair value is A$0.43.</li>
</ul>



Qoria (QOR AU) provided an update on Aura’s results for the two months ended 28 February. The financial disclosure has both positives and negatives.
The positive is that Aura has improved its key performance indicators (KPIs) across the business. The negatives are that the D2C segment faces challenges with retention and profitability.
While the QOR deal valuation of A$0.72 is nonsensical, the risk/reward profile remains favourable. Based on Aura’s results, the updated implied QOR’s fair value is A$0.43.


Qoria (QOR AU): Takeaways from Aura’s Results