IPO Watch: ASX IPOs in 2020 up 42 per cent on average; here are the top performers
IPO Watch
IPO Watch
2020 has seen 66 ASX IPOs which have gained 42 per cent on average since debut.
Forty-two of the 2020’s 66 ASX IPOs (64 per cent) are in positive territory while two are at parity with their listing prices. Twenty-two are down.
Twelve stocks have gained 100 per cent or more and four of those have more than tripled since listing.
The solid performance of ASX IPOs in 2020 occurred despite only a handful of companies listing prior to COVID-19 and the drying up on the IPO market for several weeks at the height of restrictions.
Today – Wednesday December 30 – saw the last ASX IPO of 2020 in BPM Minerals (ASX:BPM) which gained 25 per cent on debut.
Here’s how 2020’s ASX IPOs have performed (data excludes reverse takeovers):
Scroll or swipe to reveal table. Click headings to sort:
Code | Company | Listing Price | 2020 Year-end price | % Gain or loss | MktCap | Sector |
---|---|---|---|---|---|---|
4DX | 4Dmedical Limited | 0.74 | 2.48 | 235 | $444M | Health |
ABB | Aussie Broadband | 1 | 2 | 100 | $384M | Telco |
ABY | Adore Beauty | 6.75 | 5.66 | -17 | $541M | Consumer |
AIM | Access Innovation | 1.23 | 0.995 | -20 | $144M | Tech |
AKO | Akora Resources | 0.2 | 0.36 | 80 | $19M | Resources |
AL3 | Aml3D | 0.2 | 0.375 | 88 | $38M | Industrial |
ARX | Aroa Biosurgery | 0.75 | 1.15 | 53 | $346M | Health |
AT1 | Atomo Diagnostics | 0.2 | 0.305 | 53 | $124M | Health |
AUN | Aurumin | 0.2 | 0.265 | 33 | $12M | Resources |
BKG | Booktopia | 2.3 | 2.63 | 14 | $369M | Consumer |
BNZ | Benz Mining | 0.5 | 1.28 | 156 | $5M | Resources |
BPM | BPM Minerals | 0.2 | 0.25 | 25 | $5M | Resources |
CBE | Cobre | 0.2 | 0.24 | 20 | $16M | Resources |
CBL | Control Bionics | 0.6 | 0.945 | 58 | $48M | Health |
CCR | Credit Clear | 0.35 | 0.735 | 110 | $119M | Tech |
CLU | Cluey | 1.2 | 1.12 | -7 | $92M | Consumer |
COD | Coda Minerals Ltd | 0.3 | 0.285 | -5 | $20M | Resources |
COS | Cosol Limited | 0.2 | 0.785 | 293 | $103M | Tech |
CPN | Caspin Resources | 0.2 | 0.575 | 188 | $35M | Resources |
CRW | Cashrewards | 1.73 | 1.81 | -2 | $144M | Consumer |
CSX | Cleanspace Holdings | 4.41 | 6.6 | 50 | $506M | Tech |
CTT | Cettire | 0.5 | 0.485 | -2 | $191M | Consumer |
DBI | Dalrymple Bay Infrastructure | 2.57 | 2.1 | -18 | $1B | Industrial |
DC2 | Dctwo | 0.2 | 0.27 | 35 | $9M | Tech |
DDB | Dynamic Drill | 0.2 | 0.49 | 150 | $15M | Industrial |
DM1 | Desert Metals | 0.2 | 0.67 | 235 | $23M | Resources |
DOC | Doctor Care Anywhere | 0.8 | 1.16 | 45 | $213M | Health |
DSK | Dusk Group | 2 | 2.02 | 1 | $126M | Consumer |
DUG | DUG Tech | 1.35 | 1.2 | -15 | $119M | Tech |
EMD | Emyria Limited | 0.2 | 0.089 | -55 | $11M | Cannabis |
ERW | Errawarra Resources | 0.2 | 0.215 | 8 | $7M | Resources |
FFF | Forbidden Foods | 0.2 | 0.27 | 35 | $13M | Consumer |
GNP | Genusplus | 0.96 | 1.03 | 7 | $159M | Consumer |
HMY | Harmoney | 3.5 | 2.98 | -15 | $301M | Consumer |
HPG | Hipages | 2.45 | 2.38 | -3 | $312M | Consumer |
HXL | Hexima | 0.2 | 0.18 | -10 | $22M | Resources |
ICR | Intelicare Holdings | 0.2 | 0.24 | 20 | $9M | Health |
KAU | Kaiser Reef | 0.2 | 0.41 | 105 | $11M | Resources |
LBY | Laybuy Group Holding | 1.41 | 1.3 | -8 | $227M | Tech |
LFG | Liberty Financual Group | 6 | 7.85 | 31 | $2.4B | Financial |
LGP | Little Green Pharma | 0.45 | 0.57 | 27 | $47M | Cannabis |
LV1 | Live Verdure | 0.2 | 0.185 | -8 | $7M | Health |
M2R | Miramar | 0.2 | 0.275 | 38 | $11M | Resources |
MEG | Megado | 0.2 | 0.18 | -10 | $7M | Resources |
MGH | Maas Group | 2 | 2.75 | 38 | $739M | Tech |
MHK | Metalhawk | 0.2 | 0.23 | 15 | $8M | Resources |
MKR | Manuka Resources. | 0.2 | 0.35 | 75 | $32M | Resources |
MYD | Mydeal.com.au | 1 | 1.25 | 25 | $324M | Consumer |
NMR | Native Mineral Resources | 0.2 | 0.415 | 108 | $12M | Resources |
NSM | North Stawell | 0.5 | 0.465 | -7 | $19M | Resources |
NXL | Nuix | 5.31 | 8.22 | 55 | $3B | Tech |
PAM | Pan Asia Metals | 0.2 | 0.125 | -38 | $7M | Resources |
PLT | Plenti Group Limited | 1.66 | 1.16 | -30 | $191M | Consumer |
PLY | Playside Studios | 0.2 | 0.46 | 130 | $44M | Tech |
PRS | Prospech | 0.2 | 0.2 | 0 | $13M | Tech |
PYR | Payright | 1.2 | 1 | -17 | $58M | Consumer |
RCR | Rincon | 0.2 | 0.35 | 75 | $13M | Resources |
SLA | Silk Laser | 3.45 | 3.63 | 5 | $170M | Consumer |
SNG | Siren Gold | 0.25 | 0.76 | 204 | $45M | Resources |
SOV | Sovereign Cloud | 0.75 | 1.03 | 37 | $54M | Tech |
SRJ | SRJ Technologies | 0.5 | 0.5 | 0 | $37M | Tech |
UNI | Universal Store | 3.8 | 5.4 | 42 | $388M | Consumer |
WAK | WA Kaolin | 0.2 | 0.17 | -15 | $27M | Resources |
WSR | Westar Resources | 0.2 | 0.225 | 13 | $7M | Resources |
YFZ | Youfoodz | 1.5 | 1.01 | -32 | $134M | Consumer |
ZBT | Zebit Inc. | 1.58 | 0.94 | -40 | $88M | Tech |
Of the 12 ASX IPOs that gained 100 per cent or more, half of them came from the resources sector, particularly from gold.
Two particularly strong performers were Desert Metals (ASX:DM1) and Siren Gold (ASX:SNG). They’re up 235 per cent and 204 per cent since listing.
Mining services company Dynamic Drill & Blast (ASX:DDB) has also gained from the resources boom, rising 150 per cent.
Also more than tripling are asset management software company COSOL (ASX:COS) and medtech stock 4DMedical (ASX:4DX).
Other standouts include telecommunications company Aussie Broadband (ASX:ABB) and esports developer PlaySide Studios (ASX:PLY) which are up 100 per cent and 130 per cent respectively.
The worst performing ASX IPO in 2020 is cannabis data stock Emerald Clinics (ASX:EMD) which has more than halved.
2020’s three buy now pay later IPOs are surprise inclusions on the laggards list.
Despite the solid performance of companies already listed, Zebit (ASX:ZBT) is down 40 per cent, Payright (ASX:PYR) down 17 per cent and Laybuy (ASX:LBY) down 8 per cent.
Other laggards include lender Plenti (ASX:PLT), food deliverer Youfoodz (ASX:YFZ) and Thailand focused tungsten and lithium play Pan Asia Metals (ASX:PAM).