Anuncio • Mar 03
Shearwater Group plc to Report First Half, 2026 Results on Mar 17, 2026 Shearwater Group plc announced that they will report first half, 2026 results on Mar 17, 2026 Anuncio • Jan 15
Shearwater Group PLC Announces Board and Committee Changes Effective January 31, 2026 Shearwater Group PLC announced that David Williams will step down as Chair of the Company with effect from January 31, 2026 following over a decade with the Company. Robin Southwell OBE, current Independent Non-Executive Director, has been appointed as Chair and will assume the role from that date. Robin joined Shearwater in October 2016 as a Non-Executive Director. With forty years' experience in the aerospace and defence industry, his roles have included Chief Executive Officer of Airbus UK and Airtanker Ltd, as well as senior positions at BAE Systems. Robin was a DTI Business Ambassador for the UK Government and received his OBE in 1997. Following his appointment as Chair, Robin will also assume the role of Chair of both the Remuneration Committee and the Nomination Committee, previously chaired by David Williams. Anuncio • Nov 25
Shearwater Group plc, Annual General Meeting, Dec 16, 2025 Shearwater Group plc, Annual General Meeting, Dec 16, 2025. Location: the offices of mayer brown international llp, 201 bishopsgate, ec2m 3af, london United Kingdom Anuncio • Oct 30
Shearwater Group plc to Report First Half, 2026 Results on Nov 11, 2025 Shearwater Group plc announced that they will report first half, 2026 results on Nov 11, 2025 Anuncio • Jul 10
Shearwater Group plc Provides Revenue Guidance for 2025 Shearwater Group plc provided revenue guidance for 2025. The company expects revenue of c.£41 million. New Risk • Nov 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.04m (US$9.63m) This is considered a major risk. Companies with a small market capitalization 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 Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (€9.04m market cap, or US$9.63m). Anuncio • Nov 08
Shearwater Group plc to Report First Half, 2025 Results on Nov 26, 2024 Shearwater Group plc announced that they will report first half, 2025 results on Nov 26, 2024 Anuncio • Sep 26
Shearwater Group plc Announces Adam Hurst Step Down from the Board Shearwater Group plc announced that Following the completion of a successful transition period, Adam Hurst, Interim CFO has completed his tenure and 25 September 2024 steps down from the Board and leaves the Company with immediate effect. Board Change • Aug 30
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. 6 experienced directors. 1 highly experienced director. Member of Group Advisory Panel Marcus Willett was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Jul 25
Full year 2024 earnings released: UK£0.091 loss per share (vs UK£0.34 loss in FY 2023) Full year 2024 results: UK£0.091 loss per share (improved from UK£0.34 loss in FY 2023). Revenue: UK£22.6m (down 15% from FY 2023). Net loss: UK£2.17m (loss narrowed 74% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Anuncio • Jul 25
Shearwater Group plc, Annual General Meeting, Sep 24, 2024 Shearwater Group plc, Annual General Meeting, Sep 24, 2024. Anuncio • Jul 21
Shearwater Group plc to Report Fiscal Year 2024 Results on Jul 24, 2024 Shearwater Group plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Jul 24, 2024 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 September 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 Risk Earnings have declined by 6.3% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Market cap is less than US$100m (€12.1m market cap, or US$13.0m). Reported Earnings • Nov 24
First half 2024 earnings released: UK£0.04 loss per share (vs UK£0.055 loss in 1H 2023) First half 2024 results: UK£0.04 loss per share (improved from UK£0.055 loss in 1H 2023). Revenue: UK£10.5m (down 2.7% from 1H 2023). Net loss: UK£947.0k (loss narrowed 28% from 1H 2023). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. New Risk • Nov 23
New major risk - Revenue and earnings growth Earnings have declined by 6.3% 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 Risk Earnings have declined by 6.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (€12.4m market cap, or US$13.5m). Anuncio • Nov 21
Shearwater Group plc Announces Director Changes Shearwater Group plc announced that following the recent appointment of Adam Hurst to the Board and the completion of a successful handover, Paul McFadden has resigned as a Director. Anuncio • Nov 04
Shearwater Group plc to Report First Half, 2024 Results on Nov 22, 2023 Shearwater Group plc announced that they will report first half, 2024 results on Nov 22, 2023 Anuncio • Oct 10
Shearwater Group plc Announces the Appointment of Adam Hurst as Interim Chief Financial Officer Shearwater Group plc announced the appointment of Adam Hurst as Interim Chief Financial Officer, on an initial six-month contract, who is expected to join the Board in due course. Outgoing Chief Financial Officer, Paul McFadden, will remain with the Group for a transition period. Adam brings over 20 years of experience in senior finance roles across rapidly evolving and high growth businesses. A Chartered Accountant, Adam started his career with PwC, subsequently spending nine years with Unigate plc before moving to Tate & Lyle plc where he held the position of Group Financial Controller. From there he joined AIM-listed Entertainment One as Deputy Group Chief Financial Officer and then Divisional Chief Financial Officer supporting the rapid growth of the business. Most recently he was Chief Financial Officer of TISE listed Yell Ltd. Anuncio • Sep 07
Shearwater Group plc, Annual General Meeting, Sep 29, 2023 Shearwater Group plc, Annual General Meeting, Sep 29, 2023, at 10:00 Coordinated Universal Time. Location: offices of Mayer Brown International LLP 201 Bishopsgate, London EC2M 3AF London United Kingdom Reported Earnings • Sep 06
Full year 2023 earnings released: UK£0.34 loss per share (vs UK£0.012 loss in FY 2022) Full year 2023 results: UK£0.34 loss per share (further deteriorated from UK£0.012 loss in FY 2022). Revenue: UK£26.7m (down 26% from FY 2022). Net loss: UK£8.18m (loss widened UK£7.88m from FY 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. New Risk • Aug 18
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 German 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (UK£821k net loss in 2 years). Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (€11.7m market cap, or US$12.7m). Anuncio • Jun 09
Shearwater Group plc Provides Revenue Guidance for the Year Ended 31 March 2023 Shearwater Group plc provides revenue guidance for the year ended 31 March 2023. The Group expects fiscal year 2023 revenue to be in the region of £27.0 million (fiscal year 2022: £35.9 million). Recent Insider Transactions • Apr 20
Group CEO & Executive Director recently bought €117k worth of stock On the 17th of April, Philip Higgins bought around 162k shares on-market at roughly €0.72 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Philip has been a buyer over the last 12 months, purchasing a net total of €302k worth in shares. Recent Insider Transactions • Dec 07
Group CEO & Executive Director recently bought €99k worth of stock On the 5th of December, Philip Higgins bought around 85k shares on-market at roughly €1.16 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Philip has been a buyer over the last 12 months, purchasing a net total of €145k worth in shares. Reported Earnings • Nov 30
First half 2023 earnings released: UK£0.055 loss per share (vs UK£0.016 loss in 1H 2022) First half 2023 results: UK£0.055 loss per share (further deteriorated from UK£0.016 loss in 1H 2022). Revenue: UK£10.8m (up 2.0% from 1H 2022). Net loss: UK£1.32m (loss widened 247% from 1H 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Anuncio • Nov 17
Shearwater Group plc to Report Q2, 2023 Results on Nov 29, 2022 Shearwater Group plc announced that they will report Q2, 2023 results on Nov 29, 2022 Board Change • Nov 16
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. 8 experienced directors. No highly experienced directors. Member of Group Advisory Panel Marcus Willett was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Sep 09
Full year 2022 earnings released: UK£0.012 loss per share (vs UK£0.006 profit in FY 2021) Full year 2022 results: UK£0.012 loss per share (down from UK£0.006 profit in FY 2021). Revenue: UK£35.9m (up 13% from FY 2021). Net loss: UK£292.0k (down 301% from profit in FY 2021). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 30
Full year 2022 earnings released: UK£0.01 loss per share (vs UK£0.006 profit in FY 2021) Full year 2022 results: UK£0.01 loss per share (down from UK£0.006 profit in FY 2021). Revenue: UK£35.9m (up 13% from FY 2021). Net loss: UK£292.0k (down 301% from profit in FY 2021). Over the next year, revenue is forecast to grow 2.9%, compared to a 7.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Anuncio • Jul 22
Shearwater Group plc to Report Fiscal Year 2022 Results on Jul 29, 2022 Shearwater Group plc announced that they will report fiscal year 2022 results on Jul 29, 2022 Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 19% share price gain to €1.56, the stock trades at a forward P/E ratio of 97x. Average forward P/E is 23x in the Software industry in Germany. Total loss to shareholders of 13% over the past three years. Board Change • Jun 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. 8 experienced directors. No highly experienced directors. Member of Group Advisory Panel Marcus Willett was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • May 02
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. 8 experienced directors. No highly experienced directors. Member of Group Advisory Panel Marcus Willett was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Anuncio • Apr 28
Shearwater Group plc Provides Revenue Guidance for the Financial Year Ended 31 March 2022 Shearwater Group plc provides revenue guidance for the financial year ended 31 March 2022. Following a strong second half of trading, the Group expects to report revenue up c.12% to over £35.5 million (fiscal year 2021: £31.8 million). Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 37% share price gain to €1.66, the stock trades at a forward P/E ratio of 110x. Average forward P/E is 29x in the Software industry in Germany. Total loss to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 18% share price gain to €1.06, the stock trades at a forward P/E ratio of 77x. Average forward P/E is 29x in the Software industry in Germany. Total loss to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €1.12, the stock trades at a forward P/E ratio of 74x. Average forward P/E is 29x in the Software industry in Germany. Total loss to shareholders of 63% over the past three years. Recent Insider Transactions • Dec 10
Chairman of the Board recently bought €207k worth of stock On the 7th of December, David Williams bought around 185k shares on-market at roughly €1.12 per share. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Reported Earnings • Nov 27
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: UK£0.016 loss per share (up from UK£0.03 loss in 1H 2021). Revenue: UK£10.6m (down 5.3% from 1H 2021). Net loss: UK£380.0k (loss narrowed 46% from 1H 2021). Revenue missed analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 13%, compared to a 29% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 29
Full year 2021 earnings released: EPS UK£0.01 (vs UK£0.068 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: UK£31.8m (down 3.8% from FY 2020). Net income: UK£145.0k (up UK£1.65m from FY 2020). Profit margin: 0.5% (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 increased by 75% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 11
New 90-day high: €1.79 The company is up 1.0% from its price of €1.76 on 13 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.97 per share. Anuncio • Jan 07
Brookcourt Solutions Limited Secures Five-Year Supply Agreement Brookcourt Solutions Limited has secured a five-year supply agreement with a global fashion retailer, headquartered in New York. The first contract to be delivered under the supply agreement encompasses the delivery of a secure ID-authenticated printing solution as well as a 12-month maintenance and service contract, for use within ten European countries across 17 sites. The value of the first contract is £860,000, of which the majority is expected to be recognised in the current full year. This contract win underpins the Group's current full year forecasts, with the supply agreement having the potential to deliver further revenue opportunities in future years. Brookcourt presented a secure ID-authenticated printing solution that was selected by the client due to its superior technology and enhanced security features, safeguarding important documentation which is never left unattended but can be printed securely when required. This solution ensures that the global retailer is protected by very high security standards, whilst the implementation of the new technology will also result in improved efficiencies and cost savings for the client. Reported Earnings • Nov 27
First half 2021 earnings released: UK£0.03 loss per share The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were weaker. First half 2021 results: Revenue: UK£11.2m (down 32% from 1H 2020). Net loss: UK£702.0k (loss narrowed 46% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Anuncio • Nov 13
Shearwater Group plc to Report First Half, 2021 Results on Nov 25, 2020 Shearwater Group plc announced that they will report first half, 2021 results on Nov 25, 2020 Is New 90 Day High Low • Oct 29
New 90-day low: €1.64 The company is down 20% from its price of €2.06 on 30 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.73 per share. Is New 90 Day High Low • Oct 02
New 90-day low: €1.81 The company is down 19% from its price of €2.24 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.21 per share. Anuncio • Jul 31
Shearwater Group PLC (AIM:SWG) completed the acquisition of certain business and assets of Secarma Limited. Shearwater Group PLC (AIM:SWG) agreed to acquire certain business and assets of Secarma Limited for £7.4 million on April 9, 2019. The total consideration will be settled through the issuance of 292.3 million ordinary shares of Shearwater to Secarma and an unsecured loan note of £0.7 million to be repaid to Secarma in tranches on the first and third anniversary of completion of the acquisition. The issued share will represent approximately 13.3% of the enlarged issued share capital of Shearwater. The business' brand will form a separate subsidiary company within Shearwater. For the 12 months ended 31 May 2018, the business generated revenue of £3.7 million and profit before tax of £0.12 million. Max Hartley, Giles Balleny, Julian Morse and Michael Johnson of Cenkos Securities acted as financial advisors to Shearwater. Howard Gill, Tracey Marsden, James Crossman, James Kay and Tim Dobbing of CMS acted as legal advisor to Secarma.
Shearwater Group PLC (AIM:SWG) completed the acquisition of certain business and assets of Secarma Limited in April, 2019.