Companies / KOA

THE KOALA COMPANY LIMITED

ASX:KOAConsumer Discretionary Distribution & Retail
90.7M shares on issueASX (delayed) · snapshot 11 Sept 202698.1M fully diluted+8.2% if every option and right converts$4.46price · delayed$404.4Mmarket cap · indicative

Today’s holders own 92.4% of what they think they own, once every option and right converts.

Low
Dilution riskprovisional — limited history

2 cash raises in 24 months; options/rights overhang 8% of shares

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)0.9%
Raise cadence (24m)2 cash raises
Options & rights overhang8.2% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

THE KOALA COMPANY LIMITED listed in March 2026, and its disclosure history is short. The company's ordinary share count was 91M as of July 2026, up 0.9% from April 2026. It has raised capital twice in the past 24 months, totalling A$88.1M, with its most recent raise being its A$68.1M Initial Public Offering in March 2026. Options and rights on issue could convert into 7M new shares, representing 8.2% of the current share count, with none currently in the money. No expiry date has been filed for these securities. The company does not have a current quarterly cash report on record, so no cash balance or funding runway figure is available. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 10 Sept 2026
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8.2%
Options & rights overhang
In-the-money supply · no stated strikes
2
Raises · last 12 months
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 90.7M per ASX (delayed) (snapshot 11 Sept 2026).
89.75M90.00M90.25M90.50MMar 26June 26Sept 26Cash raise · 31 Mar 2026Cash raise · 30 Mar 202690.7M

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityOn issue, per this filingSource
10 Sept 20263G · unquotedORDINARY FULLY PAID90.7MAppendix 3G
27 Aug 20263H · cancellationKOA : ORDINARY FULLY PAID90.7MAppendix 3H
7 July 20263H · cancellationKOA : ORDINARY FULLY PAID90.7MAppendix 3H
1 July 20262A · quoted issueKOA : ORDINARY FULLY PAID90.7MAppendix 2A
6 May 20262A · quoted issueKOA : ORDINARY FULLY PAID90.6MAppendix 2A
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7 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

2 cash raises in the last 24 months · 2 in the last 12 months

every 0 monthsaverage gap between raises
5.4 monthssince the most recent
30 Mar 202631 Mar 2026first to most recent in this window
$68.1M
Initial Public Offering
31 Mar 2026 ACTIVE
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5 raises on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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Forward supply

Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.

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Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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Placement capacity

How much stock a company can place without asking holders. Listing Rule 7.1 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.

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Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

8.2%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
7.4M
Potential new shares
Nearest expiry
What this supply is, and what converts it
  • Price-triggered5.0M · 5.5% of shares
    Options and warrants — they convert when the share price clears their exercise price.
    No exercise price is on record for any of it, so none of it can be called in or out of the money.
  • Condition-triggered2.5M · 2.7% of shares
    Performance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.

Exercise price on record: 0 priced, 7.4M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.

Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.

What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 7.4M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
KOAACCondition-triggered21kFiling
KOAABPerformance rightsCondition-triggered2.5MFiling
KOAAAOptionsPrice-triggered5.0MFiling

“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column.

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3 option lines on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
9 Sept 2026Daniel MilhamOther incentive278k3Y notice
27 Aug 2026Michael GordonOther106k425k385k3Y notice
27 Aug 2026Nicholas BagotOther3Y notice
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3 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.