Annuncio • May 15
Thalassa Holdings Limited, Annual General Meeting, Jun 17, 2026 Thalassa Holdings Limited, Annual General Meeting, Jun 17, 2026. Location: anjuna, 28 avenue de la liberte, 06360 eze, France Reported Earnings • May 05
Full year 2025 earnings released: UK£0.08 loss per share (vs UK£0.13 loss in FY 2024) Full year 2025 results: UK£0.08 loss per share. Net loss: UK£1.37m (loss widened 35% from FY 2024). New Risk • Apr 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Earnings have declined by 21% per year over the past 5 years. Revenue is less than US$1m (UK£28k revenue, or US$38k). Market cap is less than US$10m (UK£3.75m market cap, or US$5.07m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Board Change • Mar 04
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director David Thomas was the last independent director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 01
First half 2025 earnings released: EPS: UK£0.001 (vs UK£0.03 in 1H 2024) First half 2025 results: EPS: UK£0.001 (down from UK£0.03 in 1H 2024). Net income: UK£12.3k (down 95% from 1H 2024). 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 11% per year, which means it is significantly lagging earnings. Board Change • Sep 10
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director David Thomas was the last independent director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director David Thomas was the last independent director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Jun 30
New major risk - Revenue and earnings growth Revenue has declined by 20% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Risks Revenue has declined by 20% over the past year. Shareholders have been substantially diluted in the past year (110% increase in shares outstanding). Revenue is less than US$1m (UK£236k revenue, or US$324k). Market cap is less than US$10m (UK£4.25m market cap, or US$5.83m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Board Change • Jun 02
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director David Thomas was the last independent director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 08
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director David Thomas was the last independent director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Apr 30
Thalassa Holdings Limited, Annual General Meeting, Jun 11, 2025 Thalassa Holdings Limited, Annual General Meeting, Jun 11, 2025. Location: anjuna, 28 avenue de la liberte, 06360 eze, France New Risk • Apr 16
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: Major Risks Shareholders have been substantially diluted in the past year (110% increase in shares outstanding). Revenue is less than US$1m (UK£236k revenue, or US$312k). Market cap is less than US$10m (UK£3.91m market cap, or US$5.18m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Board Change • Feb 05
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 Director David Thomas was the last independent director to join the board, commencing their role in 2008. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 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: 110% 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 Shareholders have been substantially diluted in the past year (110% increase in shares outstanding). Revenue is less than US$1m (UK£236k revenue, or US$287k). Market cap is less than US$10m (UK£4.08m market cap, or US$4.97m). Board Change • Jan 06
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 Director David Thomas was the last independent director to join the board, commencing their role in 2008. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 19
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 Director David Thomas was the last independent director to join the board, commencing their role in 2008. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 30
First half 2024 earnings released: EPS: UK£0.03 (vs UK£0.066 loss in 1H 2023) First half 2024 results: EPS: UK£0.03 (up from UK£0.066 loss in 1H 2023). Net income: UK£240.7k (up UK£767.4k from 1H 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Annuncio • May 03
Thalassa Holdings Limited, Annual General Meeting, Jun 12, 2024 Thalassa Holdings Limited, Annual General Meeting, Jun 12, 2024. Location: Anjuna, 28 Avenue de la Liberté, 06360 Éze France Reported Earnings • May 01
Full year 2023 earnings released: UK£0.11 loss per share (vs UK£0.18 loss in FY 2022) Full year 2023 results: UK£0.11 loss per share (improved from UK£0.18 loss in FY 2022). Net loss: UK£891.7k (loss narrowed 39% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. New Risk • Apr 16
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 Revenue is less than US$1m (UK£295k revenue, or US$367k). Market cap is less than US$10m (UK£1.95m market cap, or US$2.42m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Reported Earnings • Oct 02
First half 2023 earnings released: UK£0.066 loss per share (vs UK£0.026 profit in 1H 2022) First half 2023 results: UK£0.066 loss per share (down from UK£0.026 profit in 1H 2022). Net loss: UK£526.7k (down 359% from profit in 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Board Change • Jul 17
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 Director David Thomas was the last independent director to join the board, commencing their role in 2008. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jun 06
Thalassa Holdings Limited, Annual General Meeting, Jun 29, 2023 Thalassa Holdings Limited, Annual General Meeting, Jun 29, 2023, at 11:00 Central European Standard Time. Location: Anjuna, 28 Avenue de la Liberté, 06360 Eze France France Agenda: To receive and consider the financial statements for the year to 31 December 2022 together with thereports of the directors and the auditors thereon, in their format as at the date of the Meeting; to authorise the Directors to appoint auditors of the Company for the year ending 31 December 2023 and to authorise the Directors to determine the auditor's remuneration; to re-elect Duncan Soukup as a Director of the Company, who is retiring and offering himself for re-election; to re-elect David Thomas as a Director of the Company, who is retiring and offering himself for re-election; and to re-elect Kenneth Morgan as a Director of the Company, who is retiring and offering himself for re-election. Board Change • Mar 08
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 Director David Thomas was the last independent director to join the board, commencing their role in 2008. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Oct 22
Thalassa Holdings Ltd Announces Retirement of Mr. Cole from Board The Board of Thalassa Holdings Ltd. announced that Mr. Cole, having reached the ripe old age of 76, is retiring from the Board with effect from October 21, 2022. Annuncio • Jun 10
Thalassa Holdings Limited, Annual General Meeting, Jun 28, 2022 Thalassa Holdings Limited, Annual General Meeting, Jun 28, 2022, at 10:00 Central European Standard Time. Location: Anjuna, 28 Avenue de la Liberté, 06360 Eze France France Agenda: To receive and consider the financial statements for the year to 31 December 2021 together with the reports of the directors and the auditors thereon; to authorise the Directors to appoint auditors of the Company for the year ending 31 December 2022 and to authorise the Directors to determine the auditor’s remuneration; to re-elect Duncan Soukup as a Director of the Company, who is retiring and offering himself for re-election; and to consider any other matters. Annuncio • Mar 10
Thalassa Holdings to Delist from Luxembourg Stock Exchange The board of Thalassa Holdings Limited (the "Board") announced that the Company has decided, with the agreement of the Luxembourg Stock Exchange, to de-list the ordinary shares (ISIN number VGG878801114) of the Company ("Ordinary Shares") from the official list of the Luxembourg Stock Exchange and to withdraw the Ordinary Shares from trading on the regulated market of the Luxembourg Stock Exchange. The de-listing and withdrawal of the Ordinary Shares will take effect on 9 March 2021. The Ordinary Shares will continue to trade on the Main Market of the London Stock Exchange under the symbol "THAL" with their existing ISIN number VGG878801114 and SEDOL number BMF74H4. Annuncio • Mar 04
Thalassa Holdings Ltd Appoints Tim Donell as Chief Financial Officer The Board of Thalassa Holdings Ltd. announced the appointment of Tim Donell as Chief Financial Officer of the company. Tim has over 15 years' experience in finance, accounting and management roles within growth companies across travel, e-commerce and web technology and has a demonstrated track record of developing and improving financial processes to drive business performance. Is New 90 Day High Low • Oct 21
New 90-day high: UK£0.65 The company is up 17% from its price of UK£0.55 on 23 July 2020. The British market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is down 11% over the same period. Is New 90 Day High Low • Sep 29
New 90-day high: UK£0.61 The company is up 10.0% from its price of UK£0.56 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 Energy Services industry, which is down 8.0% over the same period. Reported Earnings • Sep 22
First half earnings released Over the last 12 months the company has reported total losses of US$537.2k, with losses narrowing by 96% from the prior year. 