New Risk • Dec 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.30m (US$9.80m) 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 Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 35% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£7.30m market cap, or US$9.80m). Annonce • Dec 04
WeCap plc, Annual General Meeting, Dec 22, 2025 WeCap plc, Annual General Meeting, Dec 22, 2025. Location: the office of albr capital limited, 3rd floor, 80 cheapside, london, ec2v 6ee United Kingdom Annonce • Nov 13
WeCap plc has filed a Follow-on Equity Offering in the amount of £0.1 million. WeCap plc has filed a Follow-on Equity Offering in the amount of £0.1 million.
Security Name: Ordinry Shares
Security Type: Common Stock
Securities Offered: 2,500,000
Price\Range: £0.024
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,666,667
Price\Range: £0.024
Transaction Features: Subsequent Direct Listing Annonce • Feb 04
WeCap plc, Annual General Meeting, Feb 03, 2025 WeCap plc, Annual General Meeting, Feb 03, 2025. Location: peterhouse capital limited, 80 cheapside, ec2v 6ee, london United Kingdom Annonce • Jan 31
WeCap plc Announces Board Changes WeCap plc announced the appointment of Tom Richardson to the Company's board of directors as Non-Executive Chairman. Tom has over 25 years of experience across banking and oil & gas. He is currently Chairman of two listed Companies, Fenikso and Coro Energy Plc. Prior to joining Fenikso, Tom served as CEO of two private companies in the natural resources and infrastructure sector. He was also CFO of Nostrum Oil & Gas Plc, a UK premium listed company. Prior to joining Nostrum, Tom worked for ING, JP Morgan and NM Rothschild, covering investment banking, capital markets and credit derivatives. In addition, Sandy Barblett assumed the role of Executive Director with John Taylor becoming a Non-Executive Director of the Company. Fiona Wilmot retired as a Non-Executive Director but continues to cover the finance function and Company Secretary roles through a consultancy arrangement with Orana Corporate. Annonce • Dec 18
WeCap plc has completed a Follow-on Equity Offering in the amount of £0.172 million. WeCap plc has completed a Follow-on Equity Offering in the amount of £0.172 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,235,294
Price\Range: £0.0085
Transaction Features: Subsequent Direct Listing Annonce • Dec 17
Wecap plc Announces Board Changes On December 17, 2024, WeCap plc announced the appointment of Thomas Donald Richardson (aged 43) to the Company's board of directors as Non-Executive Chairman with immediate effect. Mr. Richardson has over 25 years of experience across banking and oil & gas. Mr. Richardson is currently Chairman of two listed Companies, Fenikso and Coro Energy Plc. Prior to investing in Fenikso, Mr. Richardson served as CEO of two private Companies in the Natural resources and infrastructure sector. Prior to this Mr. Richardson was CFO of Nostrum Oil & Gas Plc, a UK premium listed company. Prior to joining Nostrum, Mr. Richardson worked for ING, JP Morgan and NM Rothschild, covering investment banking, capital markets and credit derivatives. Mr. Richardson has a BSc in Economics & Politics from the University of Bristol. Fiona Wilmot has retired from the Board effective immediately in her role as Non-Executive Director and Company Secretary to focus on her other business commitments. In addition, current directors, Sandy Barblett has become an Executive Director and John Taylor has become a Non-Executive Director of the Company, with immediate effect. The below details all directorships held by Thomas Richardson in any other company at any time in the previous five years: Current directorships: Certiqi Limited, Coro Energy Plc, TDR Enterprises LimitedNice Tech Holdings AGTDR Property Investments Ltd. Previous directorships: Canadian Overseas Petroleum Ltd, Metallon Corporation LimitedFenikso LimitedPrep Schools TrustTDR Enterprises Holdings Limited 138-140 Gloucester Terrace (Management) limited. New Risk • Aug 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 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 Earnings have declined by 42% per year over the past 5 years. Shareholders have been substantially diluted in the past year (101% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£3.92m market cap, or US$5.08m). Minor Risk Latest financial reports are more than 6 months old (reported October 2023 fiscal period end). New Risk • Jan 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 68% This is considered a major 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 Risks Earnings have declined by 13% per year over the past 5 years. Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Revenue is less than US$1m. Revenue is less than US$1m. Market cap is less than US$10m (UK£5.09m market cap, or US$6.46m). Market cap is less than US$10m (UK£5.09m market cap, or US$6.46m). Annonce • Dec 14
IamFire plc has completed a Follow-on Equity Offering in the amount of £1 million. IamFire plc has completed a Follow-on Equity Offering in the amount of £1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 66,666,667
Price\Range: £0.015
Transaction Features: Subsequent Direct Listing Annonce • Nov 18
IamFire plc, Annual General Meeting, Dec 11, 2023 IamFire plc, Annual General Meeting, Dec 11, 2023, at 11:00 Coordinated Universal Time. Location: Peterhouse Capital Limited, 3rd Floor, 80 Cheapside London United Kingdom New Risk • Aug 02
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: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (UK£3.95m market cap, or US$5.02m). Minor Risk Latest financial reports are more than 6 months old (reported October 2022 fiscal period end). Board Change • Nov 16
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Executive Director John Taylor is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Annonce • Nov 12
IamFire plc, Annual General Meeting, Dec 06, 2022 IamFire plc, Annual General Meeting, Dec 06, 2022, at 11:00 Coordinated Universal Time. Location: the offices of Peterhouse Capital Limited, 3rd Floor, 80 Cheapside, London EC2V 6EE London United Kingdom Annonce • Oct 07
IamFire plc, Annual General Meeting, Oct 21, 2022 IamFire plc, Annual General Meeting, Oct 21, 2022, at 10:00 Coordinated Universal Time. Location: Peterhouse Capital Limited, 3rd Floor, 80 Cheapside London United Kingdom Agenda: To consider directors be generally and unconditionally authorized to exercise all of the powers of the company to allot shares in the company and to grant rights to subscribe for, or to convert any security into shares in the company (“rights”) up to an aggregate nominal amount of £500,000. Board Change • Apr 27
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Fiona Wilmot is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Executive Departure • Dec 02
Non-Executive Director Jeremy Ross has left the company On the 30th of November, Jeremy Ross' tenure as Non-Executive Director ended after 2.1 years in the role. We don't have any record of a personal shareholding under Jeremy's name. A total of 2 executives have left over the last 12 months. Executive Departure • Oct 03
Non-Executive Chairman Marc Bamber has left the company On the 20th of September, Marc Bamber's tenure as Non-Executive Chairman ended after 1.2 years in the role. We don't have any record of a personal shareholding under Marc's name. Marc is the only executive to leave the company over the last 12 months. Executive Departure • Sep 25
Non-Executive Chairman Marc Bamber has left the company On the 20th of September, Marc Bamber's tenure as Non-Executive Chairman ended after 1.2 years in the role. We don't have any record of a personal shareholding under Marc's name. A total of 2 executives have left over the last 12 months. Annonce • Sep 30
IamFire plc Announces Board Changes IamFire plc announced that Noel Lyons has resigned as a Director of the company with immediate effect. Concurrently, Jeremy Ross has moved into the role of Non-Executive Director of the company. Annonce • Aug 19
IamFire plc (OFEX:FIRE) acquired 10% stake in Bio2pure Limited from its existing shareholders for £0.6 million. IamFire plc (OFEX:FIRE) acquired 10% stake in Bio2pure Limited from its existing shareholders for £0.6 million on August 13, 2020. Under the terms, the payment is made through issue 4 million shares and grant of 1 million warrants.
IamFire plc (OFEX:FIRE) completed the acquisition of 10% stake in Bio2pure Limited from its existing shareholders on August 13, 2020.