New Risk • Apr 08
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 8.1% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-UK£480k free cash flow). Negative equity (-UK£1.2m). Revenue is less than US$1m. Market cap is less than US$10m (UK£3.24m market cap, or US$4.34m). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Annuncio • Apr 01
AIQ Limited, Annual General Meeting, Apr 28, 2026 AIQ Limited, Annual General Meeting, Apr 28, 2026. Location: fourth floor, 48 gracechurch street, ec3v 0ej, london United Kingdom New Risk • Feb 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended April 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: Major Risks Negative equity (-UK£977k). Revenue is less than US$1m (UK£151k revenue, or US$206k). Market cap is less than US$10m (UK£2.59m market cap, or US$3.54m). Minor Risk Latest financial reports are more than 6 months old (reported April 2025 fiscal period end). Board Change • Nov 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. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Dwight Mighty was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 01
First half 2025 earnings released: UK£0.004 loss per share (vs UK£0.003 loss in 1H 2024) First half 2025 results: UK£0.004 loss per share (further deteriorated from UK£0.003 loss in 1H 2024). Net loss: UK£232.8k (loss widened 23% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Annuncio • Mar 31
AIQ Limited, Annual General Meeting, Apr 22, 2025 AIQ Limited, Annual General Meeting, Apr 22, 2025. Location: fourth floor, 48 gracechurch street, ec3v 0ej, london United Kingdom Reported Earnings • Feb 27
Full year 2024 earnings released: UK£0.004 loss per share (vs UK£0.008 loss in FY 2023) Full year 2024 results: UK£0.004 loss per share (improved from UK£0.008 loss in FY 2023). Revenue: UK£304.2k (up 47% from FY 2023). Net loss: UK£271.1k (loss narrowed 46% from FY 2023). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. New Risk • Feb 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended April 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 Negative equity (-UK£660k). Revenue is less than US$1m (UK£287k revenue, or US$362k). Market cap is less than US$10m (UK£2.59m market cap, or US$3.26m). Minor Risks Latest financial reports are more than 6 months old (reported April 2024 fiscal period end). Share price has been volatile over the past 3 months (9.4% average weekly change). Reported Earnings • Jul 30
First half 2024 earnings released: UK£0.003 loss per share (vs UK£0.005 loss in 1H 2023) First half 2024 results: UK£0.003 loss per share (improved from UK£0.005 loss in 1H 2023). Revenue: UK£153.2k (up 110% from 1H 2023). Net loss: UK£189.4k (loss narrowed 46% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Annuncio • Mar 26
AIQ Limited, Annual General Meeting, Apr 23, 2024 AIQ Limited, Annual General Meeting, Apr 23, 2024, at 08:30 Coordinated Universal Time. Location: offices ofGracechurch Group, 48 Gracechurch Street, London, EC3V 0EJ,UK London United Kingdom Agenda: To consider and approve the Company's Annual Report and Accounts for the year ended 31 October 2023 together with the Reports of the Directors and the Auditor; to consider and approve that PKF Littlejohn LLP be re-appointed as auditor of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting at which accounts are laid before the Company, and that the Directors be authorized to fix the auditors’ remuneration; and to consider with reference to Article 3.9 of the Articles, the Board be given power to allot Equity Securities for cash, and on the passing of this resolution, the Board shall have the power to allot Equity Securities for cash as if Article 3.6 of the Articles did not apply to one or more allotments of Equity Securities to be made pursuant to this authority. Reported Earnings • Feb 29
Full year 2023 earnings released: UK£0.008 loss per share (vs UK£0.01 loss in FY 2022) Full year 2023 results: UK£0.008 loss per share (improved from UK£0.01 loss in FY 2022). Revenue: UK£207.2k (down 58% from FY 2022). Net loss: UK£503.2k (loss narrowed 22% from FY 2022). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. New Risk • Feb 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended April 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 (27% average weekly change). Negative equity (-UK£219k). Revenue is less than US$1m (UK£210k revenue, or US$265k). Market cap is less than US$10m (UK£2.59m market cap, or US$3.26m). Minor Risk Latest financial reports are more than 6 months old (reported April 2023 fiscal period end). New Risk • Jan 16
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 British stocks, typically moving 13% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-UK£442k free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-UK£219k). Revenue is less than US$1m (UK£210k revenue, or US$266k). Market cap is less than US$10m (UK£2.27m market cap, or US$2.86m). Reported Earnings • Aug 02
First half 2023 earnings released: UK£0.005 loss per share (vs UK£0.003 loss in 1H 2022) First half 2023 results: UK£0.005 loss per share (further deteriorated from UK£0.003 loss in 1H 2022). Revenue: UK£73.0k (down 80% from 1H 2022). Net loss: UK£352.8k (loss widened 75% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Annuncio • Aug 02
AIQ Limited Provides Revenue Guidance for the Full Year 2023 AIQ Limited provided revenue guidance for the full year 2023. for the year, the company expects revenues to be substantially below that of last year. New Risk • Aug 01
New major risk - Negative shareholders equity The company has negative equity. Total equity: -UK£219k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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£442k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-UK£219k). Revenue is less than US$1m (UK£210k revenue, or US$268k). Market cap is less than US$10m (UK£4.86m market cap, or US$6.19m). Reported Earnings • Mar 01
Full year 2022 earnings released: UK£0.01 loss per share (vs UK£0.018 loss in FY 2021) Full year 2022 results: UK£0.01 loss per share (improved from UK£0.018 loss in FY 2021). Revenue: UK£498.4k (up UK£436.5k from FY 2021). Net loss: UK£640.9k (loss narrowed 46% from FY 2021). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman of the Board Harry Chathli was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 11
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Chairman of the Board Harry Chathli was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Oct 06
AIQ Limited Announces Board Changes AIQ Limited announced that, with immediate effect, Graham Duncan is stepping down from the Board of AIQ to pursue other interests and Aditya Chathli, who has been a Non-Executive Director of the Company since January 2018, has assumed the role of Chairman. The Company also announces the appointment of Dwight Mighty as a Non-Executive Director, also with immediate effect. Dwight Mighty holds an MBA in Finance from Henley Management College and is an Associate of the Chartered Institute of Bankers in England. He is currently a Non-Executive Director of Hawkwing plc, a cash shell listed on London Stock Exchange's Main Market. Dwight specialises in private company and private equity advisory, with a focus of the leisure/sport and media sectors. He has spent over 15 years in the private equity sector, latterly as a senior director with Gresham Private Equity and prior to this with HSBC Private Equity. He was one of the founders of AIM-listed company, TLA Worldwide plc, a sports marketing and management business, where he was Chief Operating Officer until 2019. Reported Earnings • Jul 31
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up UK£915.4k from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Annuncio • Jul 29
AIQ Limited Provides Earnings Guidance for the Second Half and Full Year 2022 AIQ Limited provided earnings guidance for the second half and full year 2022. In the second half of the year, the group has continued to deliver its IT consultancy projects and maintain tight control over costs. However, the Group expects revenue for the second half of the year to be lower than that generabted in the first half as the majority of the DeFi DEX contract was delivered during the first six-month period.The group expected revenue for the full year to be significantly higher than for the year to 31 October 2021 and anticipates a substantial reduction in net loss. Reported Earnings • Mar 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: UK£0.018 loss per share (up from UK£0.061 loss in FY 2020). Net loss: UK£1.19m (loss narrowed 67% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Annuncio • Jan 26
AIQ Limited announced that it has received £0.5 million in funding AIQ Limited announced it has entered into an unsecured convertible loan note agreement and has received £500,000 through the issue of unsecured convertible loan notes on January 24, 2022. The transaction included participation from returning individual investors including, Li Chun Chung, an Executive Director of the company for £250,000, Soon Beng Gee for £125,000 and Lee Ching Liang for £125,000. The Loan Notes have an expiration date of January 24, 2024 and can be repaid, in part or in full, by the Company on December 31 in any year prior to the Expiration Date by giving not less than 14 days' written notice to the Noteholders. All outstanding Loan Notes attract interest at a rate of 5% per annum from the date of issue to the date of repayment or conversion. The Loan Notes will be convertible into new Ordinary Shares of the Company at the lesser of £0.11 per Ordinary Share or the Volume Weighted Average Price of the Company's Ordinary Shares on the London Stock Exchange in the seven-day period prior to the date on which the Loan Note is converted into Ordinary Shares. The Loan Notes will be convertible, in part or in full, at any time from the date of issue until the Expiration Date by the Noteholder giving to the Company at least one week's written notice. Board Change • Oct 31
High number of new directors Executive Director Chun Li was the last director to join the board, commencing their role in 2020. Reported Earnings • Aug 03
First half 2021 earnings released: UK£0.014 loss per share (vs UK£0.011 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: UK£12.1k (down 53% from 1H 2020). Net loss: UK£915.4k (loss widened 49% from 1H 2020). Is New 90 Day High Low • Feb 18
New 90-day high: UK£0.30 The company is up 53% from its price of UK£0.20 on 19 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 15% over the same period. Annuncio • Dec 30
AIQ Limited Announces Board Changes AIQ Limited announced the appointment of Li Chun Chung as an Executive Director of the Company with immediate effect. In addition, Soon Beng Gee and Lee Chong Liang have resigned with immediate effect from their respective positions of Non-Executive Director and Executive Director to pursue their other business interests. Mr. Li has over 20 years' experience in assisting companies with their strategic growth. Most recently, Mr. Li has worked with Charles Yong Kai Yee, Executive Director of the Company and CEO of Alchemist Codes, to develop the Group's strategy for 2021, with a focus on adapting to new business conditions, product development and expanding to new markets. Is New 90 Day High Low • Sep 29
New 90-day high: UK£0.25 The company is up 11% from its price of UK£0.23 on 01 July 2020. The British market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 1.0% over the same period.