Annuncio • Oct 30
KR1 Plc has filed a Follow-on Equity Offering. KR1 Plc has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 125,000,000
Transaction Features: Subsequent Direct Listing New Risk • Apr 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (111% net profit margin). Market cap is less than US$100m (€79.0m market cap, or US$86.8m). New Risk • Feb 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €94.0m (US$97.7m) This is considered a minor 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (111% net profit margin). Market cap is less than US$100m (€94.0m market cap, or US$97.7m). Annuncio • Nov 07
KR1 Plc, Annual General Meeting, Nov 27, 2024 KR1 Plc, Annual General Meeting, Nov 27, 2024. Location: first names house, victoria road, im2 4df, douglas Isle of Man New Risk • Sep 20
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 111% Last year net profit margin: 162% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (111% net profit margin). New Risk • Jul 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Large one-off items impacting financial results. Annuncio • May 12
KR1 Plc to Report Fiscal Year 2023 Results on May 14, 2024 KR1 Plc announced that they will report fiscal year 2023 results on May 14, 2024 Buy Or Sell Opportunity • Apr 17
Now 20% overvalued Over the last 90 days, the stock has fallen 5.7% to €0.91. The fair value is estimated to be €0.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 58% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (79% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €1.06, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 21x in the Capital Markets industry in Germany. Total loss to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.18, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 24x in the Capital Markets industry in Germany. Total loss to shareholders of 44% over the past three years. Buy Or Sell Opportunity • Feb 26
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 50% to €1.11. The fair value is estimated to be €0.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 58% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €1.10, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 24x in the Capital Markets industry in Germany. Total loss to shareholders of 36% over the past three years. Buy Or Sell Opportunity • Feb 10
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 64% to €1.10. The fair value is estimated to be €0.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 58% over the last 3 years. Meanwhile, the company has become profitable. Annuncio • Aug 25
KR1 Plc, Annual General Meeting, Sep 18, 2023 KR1 Plc, Annual General Meeting, Sep 18, 2023, at 09:00 Coordinated Universal Time. Location: First Names House, Victoria Road Douglas Isle of Man New Risk • Aug 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €91.4m (US$99.4m) This is considered a minor 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 (16% average weekly change). High level of non-cash earnings (46% accrual ratio). Minor Risk Market cap is less than US$100m (€91.4m market cap, or US$99.4m). New Risk • Jun 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 46% 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 Risks Share price has been highly volatile over the past 3 months (15% average weekly change). High level of non-cash earnings (46% accrual ratio). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). New Risk • Jun 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €71.6m (US$78.2m) This is considered a minor 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2022 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (€71.6m market cap, or US$78.2m). Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Aeron Buchanan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Oct 05
KR1 Plc, Annual General Meeting, Nov 01, 2022 KR1 Plc, Annual General Meeting, Nov 01, 2022, at 10:00 Coordinated Universal Time. Location: at First Names House, Victoria Road Douglas Isle of Man Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Aeron Buchanan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 03
KR1 plc Announces Appointment of Aeron Buchanan as Non-Executive Director KR1 plc announced that Aeron Buchanan has been appointed as a Non-executive Director of the Company with immediate effect. Aeron Buchanan is the Vice President of the Web3 Foundation. Executive Departure • Dec 06
Director Simon Nicol has left the company On the 1st of December, Simon Nicol's tenure as Director ended after 2.2 years in the role. We don't have any record of a personal shareholding under Simon's name. Simon is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.50 years. Reported Earnings • Oct 03
First half 2021 earnings released: UK£0.012 loss per share (vs UK£0.005 profit in 1H 2020) First half 2021 results: Net loss: UK£1.62m (down 366% from profit in 1H 2020). Reported Earnings • Jul 03
Full year 2020 earnings released: EPS UK£0.23 (vs UK£0.01 in FY 2019) Full year 2020 results: Net loss: UK£1.02m (down 177% from profit in FY 2019). Annuncio • Mar 18
KR1 plc Appoints Mona Elisa as Non-Executive Director of the Company KR1 plc announced that Mona Elisa has been appointed as a Non-executive Director of the company with effect from March 17, 2021. Mona is the CEO of Avantgarde Finance and was formerly the co-founder and CEO of Melonport AG. Is New 90 Day High Low • Feb 04
New 90-day high: €0.72 The company is up 592% from its price of €0.10 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 14% over the same period. Is New 90 Day High Low • Jan 15
New 90-day high: €0.56 The company is up 332% from its price of €0.13 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 11% over the same period. Annuncio • Dec 17
KR1 plc Appoints Rhys Davies as Non-Executive Director KR1 plc announced that Rhys Davies has been appointed as a Non-executive Director of the Company with effect from December 15, 2020. Rhys is the Founder and Managing Director of Creselly Investments Limited. Rhys has over 25 years' experience of making investments in public and private companies and has served as a director of many listed and unlisted companies and investment funds. Prior to founding Creselly, Rhys worked for The Boston Consulting Group and Schroder Investment Management. Annuncio • Nov 07
KR1 Plc, Annual General Meeting, Nov 27, 2020 KR1 Plc, Annual General Meeting, Nov 27, 2020, at 10:00 Coordinated Universal Time. Location: 4th Floor, Queen Victoria House, 41-43 Victoria Street Douglas Isle of Man 
