Announcement • May 01
British & American Investment Trust PLC, Annual General Meeting, Jun 26, 2026 British & American Investment Trust PLC, Annual General Meeting, Jun 26, 2026. Location: wessex house, 1 chesham street, sw1x 8nd, london United Kingdom New Risk • Apr 17
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. Revenue is less than US$1m. Market cap is less than US$10m (UK£3.25m market cap, or US$4.39m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). New Risk • Sep 29
New major risk - Revenue and earnings growth Earnings have declined by 38% 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 Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£3.50m market cap, or US$4.70m). Minor Risk Dividend is not well covered by earnings (0% payout ratio). Board Change • Jul 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. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Julia Le Blan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 01
British & American Investment Trust PLC, Annual General Meeting, Jun 26, 2025 British & American Investment Trust PLC, Annual General Meeting, Jun 26, 2025. Location: wessex house, 1 chesham street, sw1x 8nd, london United Kingdom New Risk • Apr 15
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 Risk Market cap is less than US$10m (UK£3.83m market cap, or US$5.06m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (UK£2.3m revenue, or US$3.1m). New Risk • Dec 12
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). Market cap is less than US$10m (UK£6.38m market cap, or US$8.10m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (UK£2.3m revenue, or US$3.0m). Upcoming Dividend • Nov 07
Upcoming dividend of UK£0.018 per share Eligible shareholders must have bought the stock before 14 November 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (2.9%). Announcement • Sep 28
British & American Investment Trust plc Intends to Pay Interim Dividend for the Year to December 31, 2024 on 5 December 2024 British & American Investment Trust PLC announced that the company intends to pay an interim dividend of 1.75 pence per ordinary share for the year to 31st December 2024 on 5 December 2024. This is the same level of dividend as was paid in calendar 2023. New Risk • Sep 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (UK£5.13m market cap, or US$6.77m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Buy Or Sell Opportunity • Jul 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 28% to UK£0.23. The fair value is estimated to be UK£0.19, however this is not to be taken as a sell 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. Announcement • Jun 15
British & American Investment Trust plc Announces Change of Company Secretary British & American Investment Trust PLC announced that Milla Silverov (deputy Company Secretary) has been appointed as Company Secretary following the retirement of Keith Williams. Announcement • May 01
British & American Investment Trust PLC, Annual General Meeting, Jun 12, 2024 British & American Investment Trust PLC, Annual General Meeting, Jun 12, 2024, at 11:15 Coordinated Universal Time. Location: Wessex House, 1 Chesham Street, London SW1X 8ND London United Kingdom New Risk • Apr 16
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 High level of non-cash earnings (42% accrual ratio). Market cap is less than US$10m (UK£4.50m market cap, or US$5.60m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 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 (11% average weekly change). Revenue is less than US$5m (UK£4.0m revenue, or US$5.0m). New Risk • Apr 12
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: UK£4.0m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (42% accrual ratio). Market cap is less than US$10m (UK£4.05m market cap, or US$5.05m). Minor Risks 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 (11% average weekly change). Revenue is less than US$5m (UK£4.0m revenue, or US$5.0m). Upcoming Dividend • Nov 30
Upcoming dividend of UK£0.018 per share at 19% yield Eligible shareholders must have bought the stock before 07 December 2023. Payment date: 21 December 2023. Trailing yield: 19%. Within top quartile of British dividend payers (6.1%). Higher than average of industry peers (3.4%). Announcement • Nov 15
British & American Investment Trust plc Announces Interim Dividend, Payable on 21 December 2023 British & American Investment Trust PLC announced the interim dividend of 1.75 pence per ordinary share will be payable on 21st December 2023 to ordinary shareholders on the register on 8th December 2023, with a corresponding ex-dividend date of 7thDecember 2023. New Risk • Oct 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 44% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. 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). High level of non-cash earnings (44% accrual ratio). Market cap is less than US$10m (UK£3.38m market cap, or US$4.12m). Minor Risk Revenue is less than US$5m (UK£4.0m revenue, or US$4.9m). New Risk • Aug 08
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). Market cap is less than US$10m (UK£4.38m market cap, or US$5.57m). Minor Risk Revenue is less than US$5m (UK£1.4m revenue, or US$1.8m). Buying Opportunity • Mar 31
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be UK£0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 61% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Mar 10
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 37%. The fair value is estimated to be UK£0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 61% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Dec 22
Now 20% undervalued Over the last 90 days, the stock is up 35%. The fair value is estimated to be UK£0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 61% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • Dec 01
Upcoming dividend of UK£0.018 per share Eligible shareholders must have bought the stock before 08 December 2022. Payment date: 22 December 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 8.0%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.3%). Announcement • Nov 25
British & American Investment Trust plc Announces Interim Dividend for the Year Ending 31 December 2022, Payable on 22 December 2022 British & American Investment Trust PLC announced that interim dividend of 1.75 pence per ordinary share for the year ending 31 December 2022, will be payable on 22 December 2022 to ordinary shareholders on the register on 9th December 2022, with a corresponding ex-dividend date of 8 December 2022. Board Change • Jul 31
High number of new directors Independent Non-Executive Director Julia Le Blan was the last director to join the board, commencing their role in 2022. Board Change • Apr 27
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. 2 experienced directors. 1 highly experienced director. Independent Non-Executive Director Alex Tamlyn was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 11
British & American Investment Trust plc Announces Demises of Dominic Dreyfus, Non-Executive Director and Chairman of the Audit Committee British & American Investment Trust PLC announced the death of Dominic Dreyfus, non-executive director and chairman of the Audit Committee. Mr. Dreyfus was a director since 1995 and Audit Committee Chairman since its establishment in 2001. His fellow board members and all his other colleagues wish to place on record their profound thanks for his long and outstanding service to the company. Upcoming Dividend • Jun 03
Upcoming dividend of UK£0.027 per share Eligible shareholders must have bought the stock before 10 June 2021. Payment date: 24 June 2021. Trailing yield: 17%. Within top quartile of British dividend payers (4.0%). Higher than average of industry peers (2.6%). Is New 90 Day High Low • Feb 05
New 90-day low: UK£0.23 The company is down 2.0% from its price of UK£0.24 on 06 November 2020. The British market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 14% over the same period. Is New 90 Day High Low • Nov 06
New 90-day high: UK£0.23 The company is up 21% from its price of UK£0.19 on 07 August 2020. The British market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 3.0% over the same period. Announcement • Jun 30
British & American Investment Trust PLC Does Not Recommend Final Dividend for the Year Ended December 31, 2019 British & American Investment Trust PLC did not recommend final dividend for the year ended December 31, 2019. 