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 June 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 Risks Earnings have declined by 39% per year over the past 5 years. Market cap is less than US$10m (UK£2.91m market cap, or US$3.93m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Board Change • Apr 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Chairman Rinat Abdrasilov was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Chairman Rinat Abdrasilov was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Dec 30
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 Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 39% per year over the past 5 years. Market cap is less than US$10m (UK£2.98m market cap, or US$4.01m). Board Change • Nov 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Chairman Rinat Abdrasilov was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 06
First half 2025 earnings released: UK£0.005 loss per share (vs UK£0.023 profit in 1H 2024) First half 2025 results: UK£0.005 loss per share (down from UK£0.023 profit in 1H 2024). Revenue: UK£20.2m (up 22% from 1H 2024). Net loss: UK£190.0k (down 121% from profit in 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Board Change • Oct 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Rinat Abdrasilov was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Sep 05
Now 26% undervalued Over the last 90 days, the stock has risen 10.0% to UK£0.055. The fair value is estimated to be UK£0.075, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 27
Now 38% undervalued Over the last 90 days, the stock has risen 39% to UK£0.048. The fair value is estimated to be UK£0.077, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Board Change • Jun 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Rinat Abdrasilov was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 30
New major risk - Revenue and earnings growth Earnings have declined by 34% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 34% per year over the past 5 years. Market cap is less than US$10m (UK£1.98m market cap, or US$2.67m). Announcement • May 30
Ukrproduct Group Limited, Annual General Meeting, Aug 07, 2025 Ukrproduct Group Limited, Annual General Meeting, Aug 07, 2025. Location: 6th floor, office 36, 8 sikorsky street, kyiv, 4112, Ukraine 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 June 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 Interest payments are not well covered by earnings (2.7x net interest cover). Market cap is less than US$10m (UK£1.07m market cap, or US$1.42m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change). Announcement • Apr 04
Ukrproduct Group Limited Appoints Olena Telychko as Non-Board Chief Financial Officer, Effective Immediately Ukrproduct Group Limited announced the appointment of Olena Telychko as non-Board Chief Financial Officer of the Company, effective immediately. Olena has been with Ukrproduct since 2019, most recently serving as Deputy CFO and Head of Reporting. Prior to joining the Company, she held finance roles at Bunge Ukraine and has over 15 years of experience in financial reporting, audit coordination, IFRS compliance, and systems implementation. She holds a Master's degree in International Economics from Alfred Nobel University and a Diploma in International Financial Reporting. Board Change • Mar 31
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Rinat Abdrasilov was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Rinat Abdrasilov was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Rinat Abdrasilov was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
First half 2024 earnings released: EPS: UK£0.023 (vs UK£0.017 in 1H 2023) First half 2024 results: EPS: UK£0.023 (up from UK£0.017 in 1H 2023). Revenue: UK£16.6m (down 8.9% from 1H 2023). Net income: UK£897.0k (up 37% from 1H 2023). Profit margin: 5.4% (up from 3.6% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Sep 02
Ukrproduct Group Limited Announces the Appointment of Rinat Abdrasilov to the Board as Independent Non-Executive Chairman Ukrproduct Group Limited announced the appointment of Rinat Abdrasilov to the board as independent non-executive Chairman, effective from 1 September 2024. Rinat Abdrasilov, a British citizen and currently a director at JSC Ukrposhta, the national postal operator of Ukraine, is a strategy professional with extensive experience of corporate leadership. He has a strong track record in corporate governance, investor relations and business transformation and training across project management and finance. Rinat's recent non-executive director and advisory roles include at a bank, a housing association, an international software company, a UK government trust and a range of charities and associations internationally. He has extensive experience of working with executive board members, chairing committees, as well as in optimising overall board performance. Rinat is a graduate of the American University of Central Asia with a degree in Business Administration and an MBA from the University of Cambridge. Announcement • Jun 26
Ukrproduct Group Limited, Annual General Meeting, Aug 01, 2024 Ukrproduct Group Limited, Annual General Meeting, Aug 01, 2024. Location: 6th floor, 36, 8 sikorsky street, kyiv, 04112, Ukraine New Risk • Jun 26
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (15% average weekly change). Market cap is less than US$10m (UK£1.29m market cap, or US$1.63m). Reported Earnings • Jun 26
Full year 2023 earnings released: EPS: UK£0.01 (vs UK£0.02 loss in FY 2022) Full year 2023 results: EPS: UK£0.01 (up from UK£0.02 loss in FY 2022). Revenue: UK£37.0m (down 5.4% from FY 2022). Net income: UK£390.0k (up UK£1.19m from FY 2022). Profit margin: 1.1% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Jun 20
Ukrproduct Group Limited Announces Board Changes Ukrproduct Group Limited announced that Jack Rowell has retired from the Board as of 19 June 2024 following a 19 year tenure as Chairman. The Company will immediately begin a search for a replacement independent Non-Executive Chairperson but until a suitable candidate is identified and appointed, Sergey Evlanchik has agreed to become temporary Chairman, with immediate effect,in addition to his role as Executive Director of Ukrproduct. New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Market cap is less than US$10m (UK£1.19m market cap, or US$1.48m). Minor Risks High level of debt (115% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). New Risk • Sep 29
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 114% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Market cap is less than US$10m (UK£892.6k market cap, or US$1.09m). Minor Risks High level of debt (114% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Announcement • Jul 01
Ukrproduct Group Limited, Annual General Meeting, Aug 03, 2023 Ukrproduct Group Limited, Annual General Meeting, Aug 03, 2023, at 14:00 Coordinated Universal Time. Location: at the 6th floor, office 36 8 Sikorsky StreetKyiv Kyiv Ukraine Agenda: To present and review the consolidated financial statements of the Company for the year ended 31 December 2022, together with the report of the Directors and the report of the Company's auditor thereon; to re-elect Jack Rowell, who retires in accordance with Article 17 of the Articles of Association of the Company and who, being eligible, offers himself for re-election in accordance with the said Article 17; to re-elect Sergey Evlanchik, who retires in accordance with Article 17 of the Articles of Association of the Company and who, being eligible, offers himself for re-election in accordance with the said Article 17; and to consider other matters. Reported Earnings • Jun 30
Full year 2022 earnings released: UK£0.02 loss per share (vs UK£0.011 profit in FY 2021) Full year 2022 results: UK£0.02 loss per share (down from UK£0.011 profit in FY 2021). Revenue: UK£39.1m (down 25% from FY 2021). Net loss: UK£804.0k (down 283% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Jack Rowell was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 30
Full year 2021 earnings released: EPS: UK£0.011 (vs UK£0.029 loss in FY 2020) Full year 2021 results: EPS: UK£0.011 (up from UK£0.029 loss in FY 2020). Revenue: UK£52.0m (down 6.3% from FY 2020). Net income: UK£439.0k (up UK£1.60m from FY 2020). Profit margin: 0.8% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Ukrproduct Group Limited, Annual General Meeting, Nov 03, 2022 Ukrproduct Group Limited, Annual General Meeting, Nov 03, 2022, at 14:00 Coordinated Universal Time. Location: at the 6th floor, office 36, 8 Sikorsky Street Kyiv Ukraine Agenda: To present and review the consolidated financial statements of the Company for the year ended 31 December 2021, together with the report of the Directors and the report of the Company's auditor thereon; to re-elect Jack Rowell; to re-elect Sergey Evlanchik; to re-elect Alexander Slipchuk; to re-elect Yuriy Hordiychuk and to approve the appointment of Moore Stephens LLP as auditor of the Company to hold office until the conclusion of the next annual general meeting and to authorise the Directors to fix the auditor's remuneration. Board Change • Sep 29
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Jack Rowell was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Sep 29
Ukrproduct Group Limited to Report First Half, 2022 Results on Sep 30, 2022 Ukrproduct Group Limited announced that they will report first half, 2022 results on Sep 30, 2022 Board Change • Jul 19
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Jack Rowell was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Jack Rowell was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 29
First half 2021 earnings released: EPS UK£0.004 (vs UK£0.011 loss in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: UK£25.5m (down 7.2% from 1H 2020). Net income: UK£151.0k (up UK£572.0k from 1H 2020). Profit margin: 0.6% (up from net loss in 1H 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 29
Full year 2020 earnings released: UK£0.029 loss per share (vs UK£0.051 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: UK£55.5m (up 11% from FY 2019). Net loss: UK£1.16m (down 157% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 02
First half earnings released Over the last 12 months the company has reported total profits of UK£870.0k, up 102% from the prior year. Total revenue was UK£55.2m over the last 12 months, up 25% from the prior year. Announcement • Sep 07
Ukrproduct Group Limited to Report First Half, 2020 Results on Sep 14, 2020 Ukrproduct Group Limited announced that they will report first half, 2020 results on Sep 14, 2020 
