About us

History

Pritchard Equity Limited was originally incorporated as Pritchard Equity Pty. Limited on 10 May 2002. It converted to a public company on 4 November 2005.

On 22 December 2005 Pritchard Equity Limited issued a prospectus which raised $580,256 in capital from the public.

Shares in Pritchard Equity Limited were first listed for quotation on the Stock Exchange of Newcastle Limited on 27 April 2006.

Our Values and Objectives

While our Company is a corporation, our philosophy is that of a partnership. We do not view the Company itself as the ultimate owner of its assets, but instead as a conduit through which shareholders own the assets.

We do not measure the Company’s performance by its revenue or its size, but by the growth of the intrinsic value of its shares. Our long term financial goal is to maximise this growth by investing in businesses that generate cash and earn above average returns on the capital invested in them.

We maintain a conservative approach to borrowing, and will reject investment opportunities that present themselves, rather than over leverage our balance sheet.

We are sensitive to our fiduciary obligations to our suppliers and creditors, and to our many long term shareholders, some of whom have committed significant portions of their investment funds to our care.

We will be candid in reporting to shareholders, and will tell them everything about the business that we believe they would like to know.