ISLAND SKY AUSTRALIA LIMITED (ISK)



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General Information
Company Name: Island Sky Australia Limited
Stock Code: ISK
Website: www.islandsky.com
GICS Sub-Industry: Household Appliances
Market Cap ($M): 1
Equiv. Shares (M): 286

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.003 $ 0.000 $ 0.000 $ 0.000 $ 0.003 0 0%

Company Overview

Business Description:
Island Sky Australia Limited (ISK) is engaged in marketing and development of USA Patented, energy efficient air-to water making machines which draws water vapour from the air and converts it into drinking water. ISK’s business segments are located in Australia with the manufacturing and development subsidiary being located in USA. ISK markets its products under Skywater brand.


Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -0.3 -0.1 -- 0.4 0.0 0.0 --
2011  A -3.2 -1.2 -- 0.0 0.0 0.0 --
2010  A -5.4 -3.2 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
GUD Holdings (GUD) $525 M -0.1159 -0.0822 -0.0167 11.6143 12.6547 12.8694 0.1359 0.0875 0.0707
Island Sky Australia (ISK) $1 M -- -- -- 0.3030 -- -- 0.0000 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
ISK 0.20 0.30 1.25 -- --
Market 1.08 13.3 0.91 2.59 2.57
Sector 0.61 11.2 1.08 10.00 0.58

Directors
Name Position Start Date
Mr David John Lindh Chairman 12 April 2007
Mr Richard Jay Groden Non-Executive Director 17 January 2007
Mr Neville Wayne Martin Non-Executive Director (other) 17 January 2007

Management
Name Position
Rajita Shamani Alwis Company Secretary

Substantial Shareholders
Holding Name
37,322,004 (13.06%) Chesser Nominees Pty Ltd
16,913,260 (5.92%) Applica Water Products LLC
15,491,356 (5.40%) MacIntosh Nominees Pty Ltd

Calendar of Events
Date Event
28 April 2014 Report (Annual)
27 February 2014 Report (Prelim)
30 August 2013 Report (Interim)
31 May 2013 AGM
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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