New Risk • Jul 08
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (UK£13.3m market cap, or US$17.8m). Announcement • Jun 25
Orchard Funding Group plc, Annual General Meeting, Jul 23, 2026 Orchard Funding Group plc, Annual General Meeting, Jul 23, 2026. New Risk • Apr 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended July 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.0% per year for the foreseeable future. Minor Risks High level of debt (150% net debt to equity). Latest financial reports are more than 6 months old (reported July 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (UK£12.4m market cap, or US$16.7m). Upcoming Dividend • Nov 27
Upcoming dividend of UK£0.01 per share Eligible shareholders must have bought the stock before 04 December 2025. Payment date: 15 December 2025. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (6.6%). New Risk • Oct 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended January 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Latest financial reports are more than 6 months old (reported January 2025 fiscal period end). Paying a dividend despite having no free cash flows. Market cap is less than US$100m (UK£12.7m market cap, or US$17.1m). Buy Or Sell Opportunity • Jun 20
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 128% to UK£0.65. The fair value is estimated to be UK£0.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 42% in a year. Earnings are forecast to grow by 20% in the next year. Announcement • Jun 20
Orchard Funding Group plc Provides Earnings Guidance for the Year Ending July 31, 2025 Orchard Funding Group plc provided earnings guidance for the year ending July 31, 2025. For the period, the company expects that fiscal year 2025 earnings will exceed current market expectations by over 20%. Upcoming Dividend • Jun 05
Upcoming dividend of UK£0.02 per share Eligible shareholders must have bought the stock before 12 June 2025. Payment date: 25 June 2025. Payout ratio is a comfortable 9.3% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (7.1%). New Risk • May 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (UK£9.40m market cap, or US$12.7m). New Risk • Apr 04
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 5.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$100m (UK£7.79m market cap, or US$10.1m). Major Estimate Revision • Apr 01
Consensus EPS estimates increase by 70% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from UK£10.2m to UK£10.7m. EPS estimate increased from UK£0.077 to UK£0.132 per share. Net income forecast to grow 38% next year vs 23% growth forecast for Diversified Financial industry in the United Kingdom. Consensus price target of UK£0.69 unchanged from last update. Share price rose 40% to UK£0.40 over the past week. New Risk • Mar 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$100m (UK£8.11m market cap, or US$10.5m). Announcement • Mar 31
Orchard Funding Group plc Re-Instates Interim Dividend, Payable on 25 June 2025 Orchard Funding Group plc re-instated an interim dividend of 1 pence per share. The dividend to be paid on 25 June 2025 to shareholders on the register at 13 June 2025 with an ex-dividend date of 12 June 2025. Announcement • Dec 11
Orchard Funding Group plc, Annual General Meeting, Jan 08, 2025 Orchard Funding Group plc, Annual General Meeting, Jan 08, 2025. Location: 222 armstrong road, bedfordshire, lu2 0fy, luton United Kingdom New Risk • Dec 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (28% accrual ratio). Market cap is less than US$10m (UK£5.45m market cap, or US$6.95m). Minor Risks Latest financial reports are more than 6 months old (reported January 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Announcement • Dec 10
Orchard Funding Group plc Announces Not to Propose A Final Dividend for the Year Ended 31 July 2024 Orchard Funding Group plc do not intend to propose a final dividend for the year ended 31 July 2024 (2023: 2 pence per share). New Risk • Oct 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended January 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10.0% average weekly change). High level of non-cash earnings (28% accrual ratio). Market cap is less than US$10m (UK£5.66m market cap, or US$7.33m). Minor Risks Latest financial reports are more than 6 months old (reported January 2024 fiscal period end). Paying a dividend despite having no free cash flows. New Risk • Feb 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 0.7% per year over the past 5 years. High level of non-cash earnings (29% accrual ratio). Market cap is less than US$10m (UK£4.91m market cap, or US$6.21m). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.6% average weekly change). Announcement • Jan 09
Orchard Funding Group plc Proposes Final Dividend for the Fiscal Year 2023 Orchard Funding Group PLC confirmed that subject to approval at Orchard's upcoming annual general meeting (the AGM), to be held at 10am on 11 January 2024, the Company's final dividend for the year of 2.0 pence per share will follow the timetable: Ex-Dividend Date: 18 January 2024; Record Date: 19 January 2024. The final dividend will be paid to shareholders as soon as possible following the record date. These ex-dividend and record date replace the proposed dates set out in the Company's AGM notice. Following payment of the final dividend, the Company's full year dividend for fiscal year 2023 will be 3.0 pence per share. New Risk • Oct 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended January 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 4.2% per year over the past 5 years. High level of non-cash earnings (40% accrual ratio). Market cap is less than US$10m (UK£7.69m market cap, or US$9.35m). Minor Risks Latest financial reports are more than 6 months old (reported January 2023 fiscal period end). Paying a dividend despite having no free cash flows. Upcoming Dividend • Jun 01
Upcoming dividend of UK£0.01 per share at 6.5% yield Eligible shareholders must have bought the stock before 08 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 6.5%. Within top quartile of British dividend payers (5.9%). In line with average of industry peers (6.6%). Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Steven Hicks was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Dec 15
Upcoming dividend of UK£0.02 per share Eligible shareholders must have bought the stock before 22 December 2022. Payment date: 06 January 2023. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 5.6%. Within top quartile of British dividend payers (5.6%). Lower than average of industry peers (7.1%). Price Target Changed • Dec 02
Price target decreased to UK£0.64 Down from UK£0.81, the current price target is provided by 1 analyst. New target price is 35% above last closing price of UK£0.47. Stock is down 14% over the past year. The company posted earnings per share of UK£0.071 last year. Price Target Changed • Nov 16
Price target increased to UK£0.81 Up from UK£0.66, the current price target is provided by 1 analyst. New target price is 67% above last closing price of UK£0.48. Stock is down 12% over the past year. The company posted earnings per share of UK£0.039 last year. Upcoming Dividend • Jun 02
Upcoming dividend of UK£0.01 per share Eligible shareholders must have bought the stock before 09 June 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 4.9%. Within top quartile of British dividend payers (4.9%). Lower than average of industry peers (6.7%). Announcement • Jun 01
Orchard Funding Group plc Revises Earnings Guidance for the Year to 31 July 2022 Orchard Funding Group plc announced that as a result of its strong performance in the nine months ended 30th April 2022, driven by higher than anticipated income and careful management of costs, the Board now expects profit after tax for the year to 31 July 2022 to exceed prior expectations by over 25%. Price Target Changed • Apr 27
Price target decreased to UK£0.66 Down from UK£0.71, the current price target is provided by 1 analyst. New target price is 29% above last closing price of UK£0.51. Stock is up 2.0% over the past year. The company posted earnings per share of UK£0.039 last year. Upcoming Dividend • Dec 02
Upcoming dividend of UK£0.02 per share Eligible shareholders must have bought the stock before 09 December 2021. Payment date: 17 December 2021. Trailing yield: 5.4%. Within top quartile of British dividend payers (4.1%). Lower than average of industry peers (7.6%). Upcoming Dividend • Jun 03
Upcoming dividend of UK£0.01 per share Eligible shareholders must have bought the stock before 10 June 2021. Payment date: 25 June 2021. Trailing yield: 5.3%. Within top quartile of British dividend payers (4.0%). Lower than average of industry peers (6.0%). Announcement • Feb 22
Orchard Funding Group plc to Report First Half, 2021 Results on Mar 09, 2021 Orchard Funding Group plc announced that they will report first half, 2021 results on Mar 09, 2021 Is New 90 Day High Low • Dec 03
New 90-day high: UK£0.64 The company is up 4.0% from its price of UK£0.61 on 04 September 2020. The British market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 21% over the same period. Announcement • Nov 14
Orchard Funding Group plc, Annual General Meeting, Dec 09, 2020 Orchard Funding Group plc, Annual General Meeting, Dec 09, 2020. Location: the Company's offices at 721 Capability Green Luton Bedfordshire United Kingdom Analyst Estimate Surprise Post Earnings • Oct 30
Annual earnings released: Revenue misses expectations Annual revenue missed analyst estimates by 0.9% at UK£5.28m. Revenue is forecast to grow 8.4% over the next year, while the growth in Diversified Financial industry in the United Kingdom is expected to stay flat. Is New 90 Day High Low • Oct 27
New 90-day low: UK£0.47 The company is down 33% from its price of UK£0.71 on 29 July 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 13% over the same period. Price Target Changed • Oct 27
Price target lowered to UK£0.71 Down from UK£1.19, the current price target is provided by 1 analyst. The new target price is 49% above the current share price of UK£0.47. As of last close, the stock is down 38% over the past year. Is New 90 Day High Low • Oct 05
New 90-day low: UK£0.60 The company is down 19% from its price of UK£0.74 on 07 July 2020. The British market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 3.0% over the same period. 
