ASX Listing Criteria

Approximately 1.5 million companies are registered in Australia, of those over 2,100 are listed and traded on Australia's national stock exchange. To be listed on ASX, your company needs to meet the following criteria.

Criteria Assets Test Profit Test
Number of Security holders Minimum 300 non-affiliated investors @ $2,000 Minimum 300 non-affiliated investors @ $2,000
Net Tangible Assets
or
Market Capitalisation
or
Profit
$4 million

$15 million

n/a

n/a

n/a
$1 million over last 3 years+
$500,000 over last 12 months+ still profitable

Financial Statements Last 3 financial years (if any)
Last half year (if any) + Reviewed
pro forma balance sheet
Last 3 financial years (audited)+
Last half year (reviewed)+
Reviewed pro forma balance sheet
Commitments to
spend >50% of cash and
assets readily convertible
to cash
Yes n/a
Disclosure document Prospectus or if ASX agrees,
information memorandum
Prospectus or if ASX agrees,
information memorandum