Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Peter Hudson was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • May 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. 2 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Peter Hudson was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Apr 16
Mitchell Services Limited to Report Q3, 2026 Results on Apr 21, 2026 Mitchell Services Limited announced that they will report Q3, 2026 results on Apr 21, 2026 Annuncio • Feb 12
Mitchell Services Limited to Report First Half, 2026 Results on Feb 19, 2026 Mitchell Services Limited announced that they will report first half, 2026 results on Feb 19, 2026 Annuncio • Jan 23
Mitchell Services Limited to Report Q2, 2026 Results on Jan 28, 2026 Mitchell Services Limited announced that they will report Q2, 2026 results on Jan 28, 2026 Board Change • Dec 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Peter Hudson was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Oct 10
Mitchell Services Limited to Report Q1, 2026 Results on Oct 14, 2025 Mitchell Services Limited announced that they will report Q1, 2026 results on Oct 14, 2025 Reported Earnings • Aug 22
Full year 2025 earnings released: EPS: AU$0.003 (vs AU$0.043 in FY 2024) Full year 2025 results: EPS: AU$0.003 (down from AU$0.043 in FY 2024). Revenue: AU$196.8m (down 17% from FY 2024). Net income: AU$536.9k (down 94% from FY 2024). Profit margin: 0.3% (down from 3.9% in FY 2024). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Aug 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Peter Hudson was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Aug 15
Mitchell Services Limited, Annual General Meeting, Oct 15, 2025 Mitchell Services Limited, Annual General Meeting, Oct 15, 2025. Location: at morgans financial limited, riverside centre, level 29, 123 eagle street, brisbane qld 4000 Australia Annuncio • Aug 14
Mitchell Services Limited to Report Fiscal Year 2025 Results on Aug 21, 2025 Mitchell Services Limited announced that they will report fiscal year 2025 results on Aug 21, 2025 Annuncio • Jul 16
Mitchell Services Limited to Report Q4, 2025 Results on Jul 23, 2025 Mitchell Services Limited announced that they will report Q4, 2025 results on Jul 23, 2025 Annuncio • Apr 17
Mitchell Services Limited to Report Q3, 2025 Results on Apr 24, 2025 Mitchell Services Limited announced that they will report Q3, 2025 results on Apr 24, 2025 Annuncio • Feb 13
Mitchell Services Limited to Report First Half, 2025 Results on Feb 20, 2025 Mitchell Services Limited announced that they will report first half, 2025 results on Feb 20, 2025 Board Change • Feb 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Peter Hudson was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Jan 23
Mitchell Services Limited to Report Q2, 2025 Results on Jan 29, 2025 Mitchell Services Limited announced that they will report Q2, 2025 results on Jan 29, 2025 Board Change • Dec 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Peter Hudson was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Oct 22
Mitchell Services Limited Provides Earnings Guidance for the Year 2025 Mitchell Services Limited announced that the Company does not expect FY25 earnings to be as strong as FY24. Annuncio • Oct 17
Mitchell Services Limited to Report Q1, 2025 Results on Oct 22, 2024 Mitchell Services Limited announced that they will report Q1, 2025 results on Oct 22, 2024 Recent Insider Transactions • Sep 20
Alternate Director recently sold AU$73k worth of stock On the 17th of September, Grant Moyle sold around 187k shares on-market at roughly AU$0.39 per share. This transaction amounted to 66% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought AU$67k more than they sold in the last 12 months. Annuncio • Aug 27
Mitchell Services Limited, Annual General Meeting, Oct 23, 2024 Mitchell Services Limited, Annual General Meeting, Oct 23, 2024. Declared Dividend • Aug 24
Final dividend of AU$0.02 announced Shareholders will receive a dividend of AU$0.02. Ex-date: 28th August 2024 Payment date: 16th September 2024 Dividend yield will be 10%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (29% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to decline by 12% over the next 2 years. However, it would need to fall by 54% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Aug 22
Full year 2024 earnings released: EPS: AU$0.043 (vs AU$0.034 in FY 2023) Full year 2024 results: EPS: AU$0.043 (up from AU$0.034 in FY 2023). Revenue: AU$237.1m (down 2.6% from FY 2023). Net income: AU$9.17m (up 21% from FY 2023). Profit margin: 3.9% (up from 3.1% in FY 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annuncio • Aug 22
Mitchell Services Limited Declares Unfranked Final Dividend for Fiscal Year 2024, Payable on 16 September 2024 Mitchell Services Limited announced that it has declared an unfranked final dividend of 2.0 cents per share. All shareholders registered on 29 August 2024 ("Record Date") will be entitled to receive the dividend payment which will be paid by the Company on 16 September 2024 ("Payment Date"). The ex-dividend date will be 28 August 2024. Annuncio • Jul 12
Mitchell Services Limited to Report Q4, 2024 Results on Jul 17, 2024 Mitchell Services Limited announced that they will report Q4, 2024 results on Jul 17, 2024 New Risk • Apr 29
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 13% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 13% per year for the foreseeable future. Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Market cap is less than US$100m (AU$90.7m market cap, or US$59.5m). Annuncio • Apr 17
Mitchell Services Limited to Report Q3, 2024 Results on Apr 23, 2024 Mitchell Services Limited announced that they will report Q3, 2024 results on Apr 23, 2024 Reported Earnings • Feb 26
First half 2024 earnings released: EPS: AU$0.02 (vs AU$0.001 in 1H 2023) First half 2024 results: EPS: AU$0.02 (up from AU$0.001 in 1H 2023). Revenue: AU$121.7m (up 1.2% from 1H 2023). Net income: AU$4.25m (up AU$4.07m from 1H 2023). Profit margin: 3.5% (up from 0.2% in 1H 2023). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. New Risk • Feb 23
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 13% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 13% per year for the foreseeable future. Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Large one-off items impacting financial results. Market cap is less than US$100m (AU$83.4m market cap, or US$54.8m). Annuncio • Feb 14
Mitchell Services Limited to Report First Half, 2024 Results on Feb 22, 2024 Mitchell Services Limited announced that they will report first half, 2024 results on Feb 22, 2024 Annuncio • Jan 24
Mitchell Services Limited to Report Q2, 2024 Results on Jan 29, 2024 Mitchell Services Limited announced that they will report Q2, 2024 results on Jan 29, 2024 Recent Insider Transactions • Nov 04
Executive Chairman recently bought AU$97k worth of stock On the 2nd of November, Nathan Mitchell bought around 270k shares on-market at roughly AU$0.36 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Nathan has been a buyer over the last 12 months, purchasing a net total of AU$255k worth in shares. Annuncio • Sep 25
Mitchell Services Limited, Annual General Meeting, Oct 25, 2023 Mitchell Services Limited, Annual General Meeting, Oct 25, 2023, at 10:00 E. Australia Standard Time. Location: Morgans Financial Limited, Riverside Centre, Level 29, 123 Eagle Street, Brisbane QLD BRISBANE Australia Agenda: To consider the Financial report, Directors' report and auditor's report for the financial year ended 30 June 2023; to consider re-election of Directors; and to consider and approve the additional 10% placement capacity under Listing Rule 7.1A. New Risk • Aug 25
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 5.1% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Large one-off items impacting financial results. Market cap is less than US$100m (AU$88.3m market cap, or US$56.5m). Annuncio • Aug 24
Mitchell Services Limited Declares Partially Franked Final Dividend for Fiscal Year 2023, Payable on 15 September 2023 Mitchell Services Limited announced that it has declared a partially franked final dividend of 2.08 cents per share. All shareholders registered at 5pm on 30 August 2023 (Record Date) will be entitled to receive the dividend payment which will be paid by the Company on 15 September 2023 (Payment Date). The ex-dividend date will be 29 August 2023. Reported Earnings • Aug 24
Full year 2023 earnings released: EPS: AU$0.034 (vs AU$0 in FY 2022) Full year 2023 results: EPS: AU$0.034 (up from AU$0 in FY 2022). Revenue: AU$243.3m (up 14% from FY 2022). Net income: AU$7.61m (up AU$7.59m from FY 2022). Profit margin: 3.1% (up from 0% in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Annuncio • Aug 18
Mitchell Services Limited to Report Fiscal Year 2023 Results on Aug 24, 2023 Mitchell Services Limited announced that they will report fiscal year 2023 results on Aug 24, 2023 Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Peter Hudson was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Jul 04
New major risk - Revenue and earnings growth Earnings have declined by 26% 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 26% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AU$86.4m market cap, or US$57.4m). New Risk • Jun 27
New major risk - Revenue and earnings growth Earnings have declined by 26% 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 26% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AU$74.4m market cap, or US$49.8m). Recent Insider Transactions • Jun 10
Executive Chairman recently bought AU$57k worth of stock On the 8th of June, Nathan Mitchell bought around 172k shares on-market at roughly AU$0.33 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Nathan has been a buyer over the last 12 months, purchasing a net total of AU$107k worth in shares. Recent Insider Transactions • May 27
Executive Chairman recently bought AU$50k worth of stock On the 25th of May, Nathan Mitchell bought around 147k shares on-market at roughly AU$0.34 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Nathan's only on-market trade for the last 12 months. Reported Earnings • Feb 24
First half 2023 earnings released: EPS: AU$0.001 (vs AU$0.005 in 1H 2022) First half 2023 results: EPS: AU$0.001 (down from AU$0.005 in 1H 2022). Revenue: AU$120.3m (up 17% from 1H 2022). Net income: AU$186.0k (down 83% from 1H 2022). Profit margin: 0.2% (down from 1.1% in 1H 2022). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Annuncio • Feb 03
Mitchell Services Limited Announces Step Down of Scott Tumbridge as Executive Director Mitchell Services Limited announced that Scott Tumbridge will step down in his capacity as an executive director. Mr. Tumbridge joined the company's board of directors (in an executive capacity) in late 2019 following the Deepcore acquisition and has played a vital role in ensuring a smooth and effective transition and integration over a three-year period. Mr. Tumbridge will remain a director of the company in a non-executive capacity. Reported Earnings • Aug 26
Full year 2022 earnings released: EPS: AU$0 (vs AU$0.03 loss in FY 2021) Full year 2022 results: EPS: AU$0 (up from AU$0.03 loss in FY 2021). Revenue: AU$213.4m (up 11% from FY 2021). Net income: AU$15.6k (up AU$5.91m from FY 2021). Profit margin: 0% (up from net loss in FY 2021). Over the next year, revenue is forecast to grow 11%, compared to a 85,782% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 01
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: EPS: AU$0.005 (up from AU$0.016 loss in 1H 2021). Revenue: AU$102.9m (up 2.9% from 1H 2021). Net income: AU$1.09m (up AU$4.22m from 1H 2021). Profit margin: 1.1% (up from net loss in 1H 2021). Revenue missed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 17%, compared to a 1,047% growth forecast for the industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 26
Full year 2021 earnings released: AU$0.03 loss per share (vs AU$0.038 profit in FY 2020) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: AU$191.5m (up 9.1% from FY 2020). Net loss: AU$5.90m (down 182% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Recent Insider Transactions • May 20
Executive Chairman recently bought AU$100k worth of stock On the 17th of May, Nathan Mitchell bought around 270k shares on-market at roughly AU$0.37 per share. In the last 3 months, they made an even bigger purchase worth AU$194k. Nathan has been a buyer over the last 12 months, purchasing a net total of AU$294k worth in shares. Recent Insider Transactions • Mar 06
Executive Chairman recently bought AU$194k worth of stock On the 3rd of March, Nathan Mitchell bought around 465k shares on-market at roughly AU$0.42 per share. This was the largest purchase by an insider in the last 3 months. Nathan has been a buyer over the last 12 months, purchasing a net total of AU$307k worth in shares. Reported Earnings • Mar 02
First half 2021 earnings released: AU$0.016 loss per share (vs AU$0.024 profit in 1H 2020) The company reported a mediocre first half result with weaker earnings and weaker control over costs, although revenues improved. First half 2021 results: Revenue: AU$100.0m (up 37% from 1H 2020). Net loss: AU$3.13m (down 173% from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 12
New 90-day high: AU$0.57 The company is up 6.0% from its price of AU$0.54 on 13 November 2020. The Australian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: AU$0.56 The company is up 8.0% from its price of AU$0.52 on 12 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 25
New 90-day high: AU$0.56 The company is up 12% from its price of AU$0.50 on 25 September 2020. The Australian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 16% over the same period. Is New 90 Day High Low • Nov 24
New 90-day low: AU$0.49 The company is down 7.0% from its price of AU$0.54 on 26 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 1.0% over the same period. Recent Insider Transactions • Sep 23
Alternate Director recently sold AU$52k worth of stock On the 18th of September, Grant Moyle sold around 100k shares on-market at roughly AU$0.52 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought AU$305k more than they sold in the last 12 months.