Reported Earnings • Jun 22
First half 2026 earnings released: UK£0.008 loss per share (vs UK£0.019 loss in 1H 2025) First half 2026 results: UK£0.008 loss per share (improved from UK£0.019 loss in 1H 2025). Revenue: UK£16.2m (up 31% from 1H 2025). Net loss: UK£1.15m (loss narrowed 57% from 1H 2025). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Jun 19
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -UK£3.8m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-UK£3.8m). Market cap is less than US$100m (UK£21.5m market cap, or US$28.5m). Reported Earnings • Mar 10
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: UK£0.028 loss per share (improved from UK£0.037 loss in FY 2024). Revenue: UK£28.7m (down 12% from FY 2024). Net loss: UK£3.91m (loss narrowed 23% from FY 2024). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Annonce • Mar 09
Tekmar Group plc, Annual General Meeting, Mar 31, 2026 Tekmar Group plc, Annual General Meeting, Mar 31, 2026. Location: the offices of muckle llp, time central, 32 gallowgate, newcastle upon tyne, ne1 4bf, United Kingdom New Risk • Jan 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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: Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (UK£17.4m market cap, or US$23.4m). Annonce • Dec 06
Tekmar Group plc Provides Earnings Guidance for the Year-Ended 30 September 2025 Tekmar Group plc expected to report revenue for the year-ended 30 September 2025 ("FY25") in the region of £29 million. New Risk • Sep 11
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 Market cap is less than US$10m (UK£6.94m market cap, or US$9.39m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Annonce • Sep 04
Tekmar Group plc Provides Earnings Guidance for the Second Half of Fiscal Year 2025 Tekmar Group plc provided earnings guidance for the second half of fiscal year 2025. The Board continues to expect improved revenue for the second half of the year . New Risk • Sep 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.28m (US$9.87m) 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. This is currently the only risk that has been identified for the company. Breakeven Date Change • Jun 27
Forecast to breakeven in 2027 The analyst covering Tekmar Group expects the company to break even for the first time. New forecast suggests losses will reduce by 63% per year to 2026. The company is expected to make a profit of UK£1.40m in 2027. Average annual earnings growth of 109% is required to achieve expected profit on schedule. New Risk • Mar 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.22m (US$9.33m) 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 Risk Market cap is less than US$10m (UK£7.22m market cap, or US$9.33m). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Breakeven Date Change • Mar 05
Forecast to breakeven in 2027 The analyst covering Tekmar Group expects the company to break even for the first time. New forecast suggests losses will reduce by 63% per year to 2026. The company is expected to make a profit of UK£1.40m in 2027. Average annual earnings growth of 95% is required to achieve expected profit on schedule. Annonce • Mar 05
Tekmar Group plc, Annual General Meeting, Mar 27, 2025 Tekmar Group plc, Annual General Meeting, Mar 27, 2025. Location: pod 3, the work place, heighington lane, aycliffe business park, dl5 6ah, newton aycliffe United Kingdom Breakeven Date Change • Mar 04
Forecast to breakeven in 2027 The analyst covering Tekmar Group expects the company to break even for the first time. New forecast suggests the company will make a profit of UK£1.40m in 2027. Average annual earnings growth of 80% is required to achieve expected profit on schedule. Annonce • Feb 17
Tekmar Group plc Announces Appointment of Marc Bell as Chief Operating Officer Tekmar Group plc announced the appointment of Marc Bell, current Managing Director of Tekmar Energy, as Chief Operating Officer ("COO") of Tekmar Group. Marc brings nearly 25 years of experience of business leadership experience across manufacturing, service, and project engineering-focused organisations. A qualified Mechanical Engineer with a Master's in Business Management from the University of Durham, Marc has spent the past 15 years in the global energy sector, holding key roles in offshore wind and subsea industries. Prior to joining Tekmar, Marc held senior roles within the industry, including Global Operations Director for JDR Cables, Head of Offshore Wind UKI for Siemens Gamesa, and Global Manufacturing Manager for Technip Umbilicals. In his new role as COO, Marc will take on the leadership of Pipeshield in addition to his responsibilities with Tekmar Energy. His focus will be on embedding the best practices established, ensuring efficiency, continuous improvement, and collaboration across the Group's operations. With oversight of both divisions, Marc's leadership will provide opportunity for further collaboration between Tekmar Energy and Pipeshield, facilitating opportunities for cross selling across the wider Tekmar customer base, in addition to other strategic synergies. Annonce • Feb 03
Tekmar Group plc Announces Stepping Down of Alasdair Macdonald as A Director Tekmar Group plc announced that Alasdair MacDonald is stepping down from his role as a Director of the Group and will leave the Board with immediate effect. Alasdair leaves the group to pursue other business interests and the Board would like to take this opportunity to wish Alasdair well for the future. Recent Insider Transactions • Jan 29
CEO & Director recently bought UK£60k worth of stock On the 27th of January, Richard Turner bought around 799k shares on-market at roughly UK£0.075 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Richard's only on-market trade for the last 12 months. New Risk • Jan 21
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 8.7% 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 Market cap is less than US$10m (UK£7.96m market cap, or US$9.82m). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (UK£1.2m net loss in 2 years). Share price has been volatile over the past 3 months (8.7% average weekly change). New Risk • Jan 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£8.06m (US$9.98m) 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 Risk Market cap is less than US$10m (UK£8.06m market cap, or US$9.98m). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (UK£1.2m net loss in 2 years). Annonce • Dec 02
Tekmar Group plc Provides Earnings Guidance for the Twelve Months to 30 September 2024 Tekmar Group plc provided earnings guidance for the twelve months to 30 September 2024. The Group is expected to report revenue for year 2024 of approximately £32 million (year 2023: £36 million), gross profit in the region of £10 million (year 2023: £8 million). This is consistent with the Group's focus on securing contracts with suitably attractive project economics and disciplined execution of these projects and was achieved despite market conditions which remained challenging in year 2024. New Risk • Dec 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 Less than 1 year of cash runway based on free cash flow trend (-UK£4.1m free cash flow). Earnings have declined by 64% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (UK£9.78m market cap, or US$12.5m). Annonce • Aug 12
Tekmar Group plc Announces Board Changes Tekmar Group plc announced the appointment of two Non-Executive Directors, Lars Bondo Krogsgaard and David Kemp, effective 12 August 2024. In light of these appointments, Ian Ritchey steps down from the Tekmar Board with immediate effect and Julian Brown will step down on 30 September 2024. Lars brings considerable wind industry experience and an extensive track record leading global organizations for over 20 years, including publicly listed companies. He has a wealth of experience across wind turbine manufacturing and supply chain activities, renewable energy project development and engineering and technology companies. Previously, Lars was the Onshore CEO at Siemens Gamesa Renewable Energy. Prior to his role with Siemens, Lars was the Co-CEO at MHI Vestas Offshore Wind, and member of the Management Board and CEO of Nordex. David is an accomplished and experienced FTSE 250 CFO with a strong track record leading diverse global teams. He has broad experience in strategy development and implementation, M&A, business performance, transformation and turnaround. Most recently, David was Group CFO at John Wood Group Plc. At Wood Group, David had a leadership role in transforming the group from an oil and gas dominated unintegrated group to a global multi-sector engineering and consultancy business. He was involved in extensive capital raisings, with over USD 4 billion raised across public and private markets and M&A, where he executed over USD 3 billion of acquisitions. Prior to his role at Wood Group, David was Group CFO of Jersey Oil and Gas plc, from 2011 to 2013. The following additional information is provided with regards to the appointment of Lars Bondo Krogsgaard, aged 58, in accordance with AIM Rule 17 and Schedule 2(g) of the AIM Rules for Companies: Current Directorships/partnerships: Fonden Lindoe Offshore Renewables Center Ra Holdings Société a responsabilité limitée Stiesdal A/S Stiesdal Hydrogen A/S Stiesdal Skyclean A/S Stiesdal Offshore A/S Lars Bondo Krogsgaard Holding ApS Solutio ApS Directorships/partnerships within the last five years: Siemens Gamesa Renewable Power Private Limited, India MHI Vestas Offshore Wind A/S The following details in relation to the appointment of Mr. David Miller Kemp, aged 54, are disclosed in accordance with AIM Rule 17 and Schedule 2(g) of the AIM Rules for Companies: Current Directorships/partnerships: Craneware plc Directorships/partnerships within the last five years: UK Albyn School Limited John Wood Group PLC Wood Group Limited JWG USA Holdings Limited Wood Group Management Services Limited Wood Group Properties Limited John Wood Group US Company USA JWG USA Holdings Inc. Wood Group E&PF Holdings Inc. Wood Group US Holdings Inc. Annonce • Jun 25
Tekmar Group plc Announces Chief Executive Officer Changes, Effective September 2024 Tekmar Group plc announced Richard Turner will join the Group as Chief Executive Officer at the start of September 2024. Richard has considerable experience as a CEO in the offshore energy sector, including offshore wind, with a strong track record of driving profitable growth in these roles. Richard joins from Geoquip Marine, where he was CEO since October 2022. Geoquip Marine specialises in global offshore geotechnical site investigation and data acquisition in the offshore energy and renewables markets. During his time at Geoquip Marine, Richard developed and executed a clear strategy delivering significant revenue and profit growth in an accelerated period of twelve months, through business change and driving operational and commercial excellence. Prior to Geoquip, Richard was CEO of BEL Valves and President and CEO of JDR Cable Systems. Prior to joining JDR, Richard was Vice President of Global Manufacturing at Technip Umbilical Systems. Richard is also a Commissioner of the Port of Blyth. Alasdair MacDonald, current CEO of the Group, will transition to a role as Executive Director where he will support the CEO transition and value creation through both organic efforts and through Group M&A. It is anticipated that Alasdair will assume these responsibilities for six months effective from the start of September 2024, after which he will move to be a Non-Executive Director of the Group. Alasdair will remain as CEO until Richard's appointment. The following additional information is provided with regards to the appointment of Richard John Turner, aged 45, in accordance with AIM Rule 17 and Schedule 2(g) of the AIM Rules for Companies: Current Directorships/partnerships: Offshore Wind Growth Partnership Ltd; Port of Blyth; Elan Solutions Ltd; Volkscentre Ltd; GQM Services Ltd. Directorships/partnerships within the last five years: BEL Valves Ltd. . There are no further disclosures required to be made in respect of the appointment under AIM Rule 17 and Schedule 2(g) of the AIM Rules for Companies. Annonce • May 03
Unique System (UK) Ltd. acquired Subsea Innovation Limited from Tekmar Group plc (AIM:TGP) for £1.9 million. Unique System (UK) Ltd. acquired Subsea Innovation Limited from Tekmar Group plc (AIM:TGP) for £1.9 million on May 2, 2024. The consideration value comprises an initial cash payment of £27,000, a cash payment of £1.4 million relating to a trade debtor, payable post-Completion, and a further cash payment of £549,000 payable 12 months post-Completion. For FY23, the latest audited period prior to announcing the Transaction, SIL reported an Adjusted EBITDA loss of £1.4 million and net assets of £1.4 million. These proceeds will be available to support the Group's disciplined investment programme to drive near-term growth and for general working capital purposes. Rick Thompson and Sam Butcher from Singer Capital Markets Advisory LLP act as financial advisor for Tekmar Group plc (AIM:TGP).
Unique System (UK) Ltd. completed the acquisition of Subsea Innovation Limited from Tekmar Group plc (AIM:TGP) on May 2, 2024. Reported Earnings • Mar 04
Full year 2023 earnings released: UK£0.11 loss per share (vs UK£0.09 loss in FY 2022) Full year 2023 results: UK£0.11 loss per share (further deteriorated from UK£0.09 loss in FY 2022). Revenue: UK£39.9m (up 32% from FY 2022). Net loss: UK£10.1m (loss widened 97% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year whereas the company’s share price has fallen by 46% per year. New Risk • Jan 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 48% per year over the past 5 years. Shareholders have been substantially diluted in the past year (123% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Market cap is less than US$100m (UK£15.6m market cap, or US$19.9m). New Risk • Aug 09
New major 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 11% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-UK£7.4m free cash flow). Earnings have declined by 48% per year over the past 5 years. Shareholders have been substantially diluted in the past year (123% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (UK£18.4m market cap, or US$23.3m). Annonce • Jul 30
Tekmar Group plc Reaffirms Earnings Guidance for the Financial Year to September 2023 Tekmar Group plc reaffirmed earnings guidance for the financial year to September 2023. The directors also confirm that the Group's financial performance for the current financial year to September 2023 remains in-line with management expectations set out in the interim results announced in June 2023. Board Change • Jun 30
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Senior Independent Non-Executive Director David Wilkinson was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Annonce • Jun 23
Tekmar Group Appoints Leanne Wilkinson as an Executive Director Tekmar Group announced the appointment of Leanne Wilkinson as an Executive Director of the Board effective immediately. Leanne joined Tekmar in July 2020 as Tekmar Energy Finance Director within the Group before taking up the role of Group Finance Director and has been Interim Chief Financial Officer since 1 December 2022 following Derek Bulmer's resignation. Leanne is a qualified accountant with over 20 years of experience as a senior finance professional and business leader. Prior to joining Tekmar, Leanne previously worked in the manufacturing and technology sectors and has experience in business change, transformation, and integration. New Risk • Jun 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -UK£7.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£7.4m free cash flow). Earnings have declined by 48% per year over the past 5 years. Shareholders have been substantially diluted in the past year (123% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (UK£15.5m market cap, or US$19.7m). Reported Earnings • Jun 22
First half 2023 earnings released: UK£0.029 loss per share (vs UK£0.061 loss in 1H 2022) First half 2023 results: UK£0.029 loss per share (improved from UK£0.061 loss in 1H 2022). Revenue: UK£17.7m (up 36% from 1H 2022). Net loss: UK£1.75m (loss narrowed 45% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 22 percentage points per year, which is a significant difference in performance. Annonce • Jun 21
Tekmar Group Appoints Leanne Wilkinson as Chief Financial Officer Tekmar Group announced the appointment of Leanne Wilkinson as Chief Financial Officer and an Executive Director of the Board effective immediately. Leanne joined Tekmar in July 2020 as Tekmar Energy Finance Director within the Group before taking up the role of Group Finance Director and has been Interim Chief Financial Officer since 1 December 2022 following Derek Bulmer's resignation. Leanne is a qualified accountant with over 20 years of experience as a senior finance professional and business leader. Prior to joining Tekmar, Leanne previously worked in the manufacturing and technology sectors and has experience in business change, transformation, and integration. Reported Earnings • Mar 15
Full year 2022 earnings released: UK£0.09 loss per share (vs UK£0.071 loss in FY 2021) Full year 2022 results: UK£0.09 loss per share (further deteriorated from UK£0.071 loss in FY 2021). Revenue: UK£30.2m (down 3.7% from FY 2021). Net loss: UK£5.13m (loss widened 42% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Annonce • Nov 17
Tekmar Group plc Announces an Update on Formal Sale Process and Strategic Review On June 13, 2022, Tekmar Group plc (AIM:TGP) announced that the Board had commenced a strategic review to seek a strategic partner to support its opportunities for growth and provide additional balance sheet strength. These options included, but were not limited to, a sale of the Company conducted under the framework of a "formal sale process" in accordance with the Takeover Code. Following a review of the proposals received, a preferred partner has been granted a 60 day-period of exclusivity to carry out further due diligence and finalise its proposal. The exclusivity period relates only to alternate debt or equity financing proposals and, for the avoidance of doubt, does not prevent an offer being made for the Company by a third party under the framework of the Company's formal sale process. The proposal being considered represents a strategic investment from a global institutional investor in the energy sector, which would provide funding for the Company to follow an ambitious plan for growth, both organically and by acquisition. The proposal being considered would not result in an offer being made for the Company's shares but would represent new capital investment, at or around the current share price, and would allow the Company to retain its admission to trading on AIM. There is no guarantee that this proposal will be completed, and further announcements will be made as required. If the proposal is successfully completed, then this will conclude the Company's strategic review and formal sale process. Reported Earnings • Jun 13
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up UK£2.16m from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 23%, compared to a 4.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Annonce • May 08
Tekmar Group plc Announces Board and Committee Changes Tekmar Group announced the appointment of David Wilkinson as a new independent Non-executive Director. David is replacing Chris Gill, who has notified the Board of his intention to stand down having served as a Non-executive Director and Chair of the Audit Committee since the IPO of the Company. The effective date of Chris' resignation is May 6, 2022, with David assuming the roles of Chair of the Audit Committee and member of the Remuneration Committee and Nomination Committee. David is a Fellow of the Institute of Chartered Accountants having spent over 40 years with Deloitte including approximately 30 years as Partner. Price Target Changed • Apr 27
Price target decreased to UK£0.75 Down from UK£0.90, the current price target is provided by 1 analyst. New target price is 114% above last closing price of UK£0.35. Stock is down 45% over the past year. The company posted a net loss per share of UK£0.071 last year. Reported Earnings • Mar 07
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: UK£0.071 loss per share (down from UK£0.021 profit in FY 2020). Revenue: UK£31.4m (down 20% from FY 2020). Net loss: UK£3.62m (down 445% from profit in FY 2020). Revenue exceeded analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 12%, compared to a 2.3% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Annonce • Mar 06
Tekmar Group plc, Annual General Meeting, Mar 29, 2022 Tekmar Group plc, Annual General Meeting, Mar 29, 2022, at 10:00 Greenwich Standard Time. Location: Innovation House, Centurion Way Darlington, England, DL3 0UP Darlington United Kingdom Reported Earnings • Jun 05
Full year 2021 earnings released: UK£0.046 loss per share (vs UK£0.038 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: UK£29.1m (down 29% from FY 2020). Net loss: UK£2.35m (down 220% from profit in FY 2020). Reported Earnings • Dec 03
First half 2021 earnings released: UK£0.004 loss per share The company reported a poor first half result with weaker earnings, revenues and control over expenses. First half 2021 results: Revenue: UK£15.2m (down 11% from 1H 2020). Net loss: UK£187.0k (down 126% from profit in 1H 2020). Price Target Changed • Oct 31
Price target lowered to UK£0.90 Down from UK£1.30, the current price target is provided by 1 analyst. The new target price is 115% above the current share price of UK£0.42. As of last close, the stock is down 72% over the past year. Is New 90 Day High Low • Oct 30
New 90-day low: UK£0.42 The company is down 63% from its price of UK£1.14 on 31 July 2020. The British market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 4.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: UK£0.82 The company is down 19% from its price of UK£1.02 on 24 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 9.0% over the same period. Annonce • Aug 03
Tekmar Group plc Announces Resignation of James Ritchie-Bland as Chief Executive Officer Tekmar Group announced that James Ritchie-Bland, Chief Executive Officer has informed the Board of his intention to leave the business before the end of the current financial year, and has, on August 3, 2020 resigned as CEO. Alasdair Macdonald, currently Non-executive Chairman of the Group, formal process to recruit and appoint a new CEO will commence shortly. James will remain in the business, working closely with Ally, until a new CEO is secured to effect an orderly and efficient handover. Annonce • Jul 18
Tekmar Group plc to Report Fiscal Year 2020 Final Results on Aug 03, 2020 Tekmar Group plc announced that they will report fiscal year 2020 final results on Aug 03, 2020