Reported Earnings • Jul 17
Full year 2026 earnings released: EPS: UK£0.67 (vs UK£0.90 in FY 2025) Full year 2026 results: EPS: UK£0.67 (down from UK£0.90 in FY 2025). Revenue: UK£115.0m (down 2.1% from FY 2025). Net income: UK£11.0m (down 24% from FY 2025). Profit margin: 9.6% (down from 12% in FY 2025). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to UK£15.40, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 28x in the Aerospace & Defense industry in the United Kingdom. Total returns to shareholders of 204% over the past three years. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to UK£11.25, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 25x in the Aerospace & Defense industry in the United Kingdom. Total returns to shareholders of 127% over the past three years. New Risk • Jan 27
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 7.1% 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 High level of non-cash earnings (26% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Reported Earnings • Jan 17
First half 2026 earnings released: EPS: UK£0.39 (vs UK£0.40 in 1H 2025) First half 2026 results: EPS: UK£0.39 (down from UK£0.40 in 1H 2025). Revenue: UK£55.8m (up 2.0% from 1H 2025). Net income: UK£6.27m (down 2.7% from 1H 2025). Profit margin: 11% (in line with 1H 2025). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Ankündigung • Jan 14
MS INTERNATIONAL plc Recommends Interim Dividend, Payable on 20 February 2026 The Board of MS INTERNATIONAL plc recommended payment of an increased interim dividend of 6 pence (2024 - 5 pence) per share to be paid on 20 February 2026 to those shareholders on the register of members at the close of business on 23 January 2026, with the ex-dividend date being 22 January 2026. Ankündigung • Nov 14
MS INTERNATIONAL plc to Report First Half, 2026 Results on Jan 14, 2026 MS INTERNATIONAL plc announced that they will report first half, 2026 results on Jan 14, 2026 New Risk • Sep 18
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: UK£471k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (79% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Significant insider selling over the past 3 months (UK£471k sold). New Risk • Aug 15
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 7.3% 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 High level of non-cash earnings (79% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Ankündigung • Jul 18
MS International plc Appoints John Meldrum as Executive Director MS INTERNATIONAL plc confirms that, further to its announcement on 30 June 2025, which disclosed Mr. John Meldrum would join the Board as Executive Director, the necessary regulatory due diligence has now been satisfactorily completed and accordingly Mr. Meldrum has joined the Board with immediate effect. Mr. Meldrum has been running the UK Defence and Security division since 2019, supported by David Hansell, and has been working at the Company for over 18 years. Declared Dividend • Jul 02
Final dividend increased to UK£0.18 Dividend of UK£0.18 is 9.1% higher than last year. Ex-date: 17th July 2025 Payment date: 22nd August 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 53% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 30
Full year 2025 earnings released: EPS: UK£0.90 (vs UK£0.71 in FY 2024) Full year 2025 results: EPS: UK£0.90 (up from UK£0.71 in FY 2024). Revenue: UK£117.5m (up 7.2% from FY 2024). Net income: UK£14.5m (up 26% from FY 2024). Profit margin: 12% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jun 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 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 High level of non-cash earnings (188% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported October 2024 fiscal period end). Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to UK£13.30, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 30x in the Aerospace & Defense industry in the United Kingdom. Total returns to shareholders of 436% over the past three years. Ankündigung • Jan 21
Mrs. Shelley Ashcroft Joins the Board of MS INTERNATIONAL plc as Finance Director MS INTERNATIONAL plc confirmed that, further to its announcement on 6 December 2024, which disclosed Mrs. Shelley Ashcroft would join the Board as Finance Director, the necessary regulatory due diligence has now been satisfactorily completed and accordingly Mrs. Ashcroft has joined the Board with immediate effect. Mrs. Ashcroft has also become a member of the Audit Committee. Mrs. Ashcroft joined MS INTERNATIONAL in 2019 and was most recently the Group Financial Accountant. She has also acted as Company Secretary since 2022. Prior to this, Mrs. Ashcroft worked at AESSEAL plc for over 10 years. Recent Insider Transactions • Dec 12
Key Executive recently sold UK£1.5m worth of stock On the 9th of December, Michael O'Connell sold around 150k shares on-market at roughly UK£10.20 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Michael has been a net seller over the last 12 months, reducing personal holdings by UK£1.6m. Declared Dividend • Dec 09
First half dividend increased to UK£0.05 Dividend of UK£0.05 is 67% higher than last year. Ex-date: 19th December 2024 Payment date: 17th January 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 70% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Dec 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 188% 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. This is currently the only risk that has been identified for the company. New Risk • Sep 08
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 6.5% 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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Significant insider selling over the past 3 months (UK£122k sold). Ankündigung • Sep 06
MS INTERNATIONAL plc (AIM:MSI) commences an Equity Buyback Plan for 1,632,475 shares, representing 10% of its issued share capital, under the authorization approved on July 25, 2024. MS INTERNATIONAL plc (AIM:MSI) commences share repurchases on September 6, 2024, under the program mandated by the shareholders in the Annual General Meeting held on July 25, 2024. As per the mandate, the company is authorized to repurchase up to 1,632,475 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.1 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the purchase is made and an amount equal to the higher of the price of the last independent trade of a share and the highest current independent bid for a Share on the trading venue where the purchase is carried out. The authority shall expire at the conclusion of the next Annual General Meeting of the company or on October 25, 2025, whichever is earlier. As of June 25, 2024, the company had 17,841,073 ordinary shares in issue of which 1,516,327 ordinary shares are in treasury. Recent Insider Transactions • Jul 19
Key Executive recently sold UK£102k worth of stock On the 16th of July, Michael O'Connell sold around 9k shares on-market at roughly UK£11.10 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Michael has been a net seller over the last 12 months, reducing personal holdings by UK£102k. Ankündigung • Jul 11
MS INTERNATIONAL plc (AIM:MSI) commences an Equity Buyback Plan for 1,644,473 shares, representing 10% of its issued share capital, under the authorization approved on August 9, 2023. MS INTERNATIONAL plc (AIM:MSI) commences share repurchases on July 11, 2024, under the program mandated by the shareholders in the Annual General Meeting held on August 9, 2023. As per the mandate, the company is authorized to repurchase up to 1,644,473 shares, representing 9.99% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.1 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the purchase is made and an amount equal to the higher of the price of the last independent trade of a share and the highest current independent bid for a Share on the trading venue where the purchase is carried out. The authority shall expire at the conclusion of the next Annual General Meeting of the company or on November 9, 2024, whichever is earlier. As of June 21, 2023, the company had 17,841,073 ordinary shares in issue of which 1,396,334 ordinary shares are in treasury. Ankündigung • Jun 27
MS INTERNATIONAL plc, Annual General Meeting, Jul 25, 2024 MS INTERNATIONAL plc, Annual General Meeting, Jul 25, 2024. Location: the holiday inn, warmsworth, doncaster, United Kingdom Reported Earnings • Jun 27
Full year 2024 earnings released: EPS: UK£0.71 (vs UK£0.26 in FY 2023) Full year 2024 results: EPS: UK£0.71 (up from UK£0.26 in FY 2023). Revenue: UK£109.6m (up 31% from FY 2023). Net income: UK£11.5m (up 180% from FY 2023). Profit margin: 11% (up from 4.9% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jun 26
MS International plc Recommends Final Dividend, Payable on 23 August 2024 MS INTERNATIONAL plc recommended the payment of a final dividend of 16.5 pence per share (2023 - 13 pence per share) making a total for the year of 19.5 pence per share (2023 - 15 pence per share). The dividend is expected to be paid on the 23 August 2024 to those shareholders on the register at the close of business on the 12 July 2024. Reported Earnings • Dec 14
First half 2024 earnings released: EPS: UK£0.36 (vs UK£0.17 in 1H 2023) First half 2024 results: EPS: UK£0.36 (up from UK£0.17 in 1H 2023). Revenue: UK£57.0m (up 36% from 1H 2023). Net income: UK£5.80m (up 109% from 1H 2023). Profit margin: 10% (up from 6.6% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has increased by 90% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Dec 12
MS INTERNATIONAL plc Declares Interim Dividend, Payable on 19 January 2024 MS INTERNATIONAL plc has declared an increased interim dividend per share of 3 pence (2022 - 2 pence) payable on 19th January 2024 to those shareholders on the register at close of business on 22nd December 2023, with the ex-dividend date being 21st December 2023. Ankündigung • Jul 08
MS INTERNATIONAL plc (AIM:MSI) commences an Equity Buyback Plan for 1,619,473 shares, representing 9.99% of its issued share capital, under the authorization approved on July 29, 2022. MS INTERNATIONAL plc (AIM:MSI) commences share repurchases on July 7, 2023 under the program mandated by the shareholders in the Annual General Meeting held on July 29, 2022. As per the mandate, the company is authorized to repurchase up to 1,619,473 shares, representing 9.99% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.1 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The authority shall expire at the conclusion of the next Annual General Meeting of the company or on October 28, 2023, whichever is earlier. As of June 27, 2022, the company had 17,841,073 ordinary shares in issue of which 1,646,334 ordinary shares are in treasury. New Risk • Jun 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Upcoming Dividend • Jun 29
Upcoming dividend of UK£0.13 per share at 2.5% yield Eligible shareholders must have bought the stock before 06 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (6.0%). In line with average of industry peers (2.6%). New Risk • Jun 25
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 26% 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 Risk High level of non-cash earnings (26% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Reported Earnings • Jun 23
Full year 2023 earnings released: EPS: UK£0.26 (vs UK£0.31 in FY 2022) Full year 2023 results: EPS: UK£0.26 (down from UK£0.31 in FY 2022). Revenue: UK£84.0m (up 13% from FY 2022). Net income: UK£4.12m (down 17% from FY 2022). Profit margin: 4.9% (down from 6.6% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 69% per year, which means it is significantly lagging earnings growth. Ankündigung • Jun 22
MS INTERNATIONAL plc, Annual General Meeting, Aug 09, 2023 MS INTERNATIONAL plc, Annual General Meeting, Aug 09, 2023. Agenda: Annual General Meeting. New Risk • Jun 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 2022. 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: Minor Risks Latest financial reports are more than 6 months old (reported October 2022 fiscal period end). Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to UK£5.70, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 18x in the Aerospace & Defense industry in the United Kingdom. Total returns to shareholders of 382% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to UK£7.00, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 19x in the Aerospace & Defense industry in the United Kingdom. Total returns to shareholders of 341% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 65% share price gain to UK£7.45, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 18x in the Aerospace & Defense industry in the United Kingdom. Total returns to shareholders of 353% over the past three years. Reported Earnings • Dec 08
First half 2023 earnings released: EPS: UK£0.17 (vs UK£0.034 in 1H 2022) First half 2023 results: EPS: UK£0.17 (up from UK£0.034 in 1H 2022). Revenue: UK£42.0m (up 27% from 1H 2022). Net income: UK£2.77m (up 416% from 1H 2022). Profit margin: 6.6% (up from 1.6% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 17% share price gain to UK£3.87, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 18x in the Aerospace & Defense industry in the United Kingdom. Total returns to shareholders of 156% over the past three years. 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. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director David Hansell was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Jul 07
Upcoming dividend of UK£0.075 per share Eligible shareholders must have bought the stock before 14 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of British dividend payers (5.3%). In line with average of industry peers (2.9%). Reported Earnings • Jun 29
Full year 2022 earnings released: EPS: UK£0.31 (vs UK£0.072 in FY 2021) Full year 2022 results: EPS: UK£0.31 (up from UK£0.072 in FY 2021). Revenue: UK£74.5m (up 21% from FY 2021). Net income: UK£4.93m (up 319% from FY 2021). Profit margin: 6.6% (up from 1.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. 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. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director David Hansell was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 20% share price gain to UK£2.70, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 23x in the Aerospace & Defense industry in the United Kingdom. Total returns to shareholders of 40% over the past three years. Reported Earnings • Dec 10
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: UK£0.034 (up from UK£0.066 loss in 1H 2021). Revenue: UK£33.2m (up 26% from 1H 2021). Net income: UK£537.0k (up UK£1.62m from 1H 2021). Profit margin: 1.6% (up from net loss in 1H 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Executive Departure • Aug 11
Company Secretary David Kirkup has left the company On the 3rd of August, David Kirkup's tenure as Company Secretary ended after 8.3 years in the role. We don't have any record of a personal shareholding under David's name. David is the only executive to leave the company over the last 12 months. Reported Earnings • Jul 15
Full year 2021 earnings released: EPS UK£0.072 (vs UK£0.15 loss in FY 2020) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: UK£61.5m (flat on FY 2020). Net income: UK£1.18m (up UK£3.67m from FY 2020). Profit margin: 1.9% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jul 08
Upcoming dividend of UK£0.065 per share Eligible shareholders must have bought the stock before 15 July 2021. Payment date: 10 August 2021. Trailing yield: 3.8%. Lower than top quartile of British dividend payers (4.0%). In line with average of industry peers (3.8%). Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 30% share price gain to UK£2.12, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 20x in the Aerospace & Defense industry in the United Kingdom. Negligible returns to shareholders over past three years. Reported Earnings • Jun 24
Full year 2021 earnings released The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: UK£61.5m (flat on FY 2020). Net income: UK£1.18m (up UK£3.67m from FY 2020). Profit margin: 1.9% (up from net loss in FY 2020). Is New 90 Day High Low • Feb 25
New 90-day high: UK£1.73 The company is up 41% from its price of UK£1.23 on 27 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is down 2.0% over the same period. Recent Insider Transactions • Feb 16
Executive Chairman recently sold UK£60k worth of stock On the 12th of February, Michael Bell sold around 38k shares on-market at roughly UK£1.59 per share. This was the largest sale by an insider in the last 3 months. Michael has been a seller over the last 12 months, reducing personal holdings by UK£26k. Is New 90 Day High Low • Jan 19
New 90-day high: UK£1.31 The company is up 16% from its price of UK£1.13 on 21 October 2020. The British market is also up 16% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Aerospace & Defense industry, which is up 10.0% over the same period. Reported Earnings • Dec 18
First half 2021 earnings released: UK£0.066 loss per share The company reported a poor first half result with increased losses and weaker revenues and control over expenses. First half 2021 results: Revenue: UK£26.3m (down 21% from 1H 2020). Net loss: UK£1.08m (loss widened 158% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 82% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 16
New 90-day high: UK£1.30 The company is up 13% from its price of UK£1.15 on 17 September 2020. The British market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 3.0% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: UK£1.08 The company is down 8.0% from its price of UK£1.17 on 04 August 2020. The British market is down 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Aerospace & Defense industry, which is down 15% over the same period. Is New 90 Day High Low • Oct 08
New 90-day low: UK£1.13 The company is down 15% from its price of UK£1.33 on 10 July 2020. The British market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is up 3.0% over the same period.