Annuncio • May 06
Regis Corporation to Report Q3, 2026 Results on May 13, 2026 Regis Corporation announced that they will report Q3, 2026 results Pre-Market on May 13, 2026 Annuncio • Apr 16
Regis Corporation Announces Appointment of William Charters as Independent Director, Effective April 24, 2026 Regis Corporation announced the appointment of William “Bill” Charters as an independent member of its Board of Directors, effective April 24, 2026. Mr. Charters brings extensive experience as a public markets investor and financial strategist, with a background in corporate credit, restructurings, and complex transaction execution. His expertise includes evaluating capital structures, advising on corporate strategy, and analyzing franchise-based business models. Mr. Charters is a CFA charterholder. He began his career in corporate credit and restructurings at Bank of America. He later became a partner at Botti Brown Asset Management, a multi-billion-dollar hedge fund, and went on to found his own investment firm, Sabal Capital Management. He also served as Managing Director at BRC Group Holdings (formerly B. Riley Financial). His experience includes capital allocation across the capital structure, structuring large and complex transactions, franchise-related due diligence, and strategic investment decisions. As one of the largest individual shareholders of Regis, he brings strong alignment with the company’s long-term growth objectives, along with deep expertise in evaluating operational performance and financing alternatives within franchise systems. Annuncio • Jan 23
Regis Corporation to Report Q2, 2026 Results on Feb 05, 2026 Regis Corporation announced that they will report Q2, 2026 results at 9:30 AM, US Eastern Standard Time on Feb 05, 2026 Annuncio • Oct 30
Regis Corporation to Report Q1, 2026 Results on Nov 12, 2025 Regis Corporation announced that they will report Q1, 2026 results Pre-Market on Nov 12, 2025 Annuncio • Sep 04
Regis Corporation, Annual General Meeting, Oct 28, 2025 Regis Corporation, Annual General Meeting, Oct 28, 2025. Annuncio • Aug 21
Regis Corporation to Report Q4, 2025 Results on Sep 03, 2025 Regis Corporation announced that they will report Q4, 2025 results Pre-Market on Sep 03, 2025 Annuncio • Apr 29
Regis Corporation to Report Q3, 2025 Results on May 13, 2025 Regis Corporation announced that they will report Q3, 2025 results Pre-Market on May 13, 2025 Annuncio • Jan 29
Regis Corporation to Report Q2, 2025 Results on Feb 12, 2025 Regis Corporation announced that they will report Q2, 2025 results Pre-Market on Feb 12, 2025 Annuncio • Jan 15
Regis Corporation Appoints Susan Lintonsmith to its Board of Directors Regis Corporation announced the appointment of Susan Lintonsmith to its Board of Directors, effective January 15, 2025. Ms. Lintonsmith spent most of her career in the food and beverage industry with key companies including Pizza Hut, Coca-Cola, Horizon Organic, Red Robin, and Quiznos. She served as the Chief Marketing Officer at Quiznos before moving into the Chief Executive Officer role in 2016. Ms. Lintonsmith then moved into the health and wellness industry in 2019 where she was the CEO for Elements Massage, a leading company in the massage therapy industry. She currently works with a European Wax Center franchisee. Ms. Lintonsmith currently serves on two restaurant boards, including The ONE Group Hospitality Inc. and Checkers Drive-In Restaurants Inc. She has a Masters of Business Administration in marketing and finance from Indiana University and is a graduate of the University of Notre Dame. She lives in Lone Tree, Colorado and has two adult children. Annuncio • Dec 19
Regis Corporation (NasdaqGM:RGS) entered into an agreement to acquire Super C Group, LLC for $22 million. Regis Corporation (NasdaqGM:RGS) entered into an agreement to acquire Super C Group, LLC for $22 million on December 19, 2024. Under the terms of the purchase agreement, Regis will acquire all of Alline’s issued and outstanding membership interests for $22 million in a cash and stock transaction, of which $19 million of the initial consideration was delivered in cash, in addition to shares of Regis common stock valued at $3 million. Cash and stock was delivered at closing on December 19, 2024. The agreement also includes additional performance-based earnout opportunities of up to $3 million, in $1 million increments, over the next 3 years. Regis funded the $19 million cash portion of the purchase price with $15 million in proceeds from an upsize of Regis’ credit agreement with existing lenders, and $4 million from available cash on hand. $3 million worth of stock was issued at the 30-day Volume Weighted trading price and subject to a 1-year lock up agreement.
Kassendra Galindo of Faegre Drinker Biddle & Reath LLP acted as legal advisor to Regis Corporation. Foley & Lardner LLP acted as legal advisor and Greenwich Capital Group LLC acted as financial advisor to Super C Group, LLC. Annuncio • Oct 24
Regis Corporation to Report Q1, 2025 Results on Nov 06, 2024 Regis Corporation announced that they will report Q1, 2025 results Pre-Market on Nov 06, 2024 Annuncio • Sep 27
Regis Corporation, Annual General Meeting, Nov 06, 2024 Regis Corporation, Annual General Meeting, Nov 06, 2024. Annuncio • Aug 24
Regis Corporation Announces Executive Changes Regis Corporation announced the appointment of Jim Lain, who previously served as the Company’s Executive Vice President, Chief Operating Officer, to the position of Executive Vice President, Brand Operations – Supercuts and Cost Cutters, effective August 16, 2024. At the same time, Michael Ferranti, who previously served as the Company’s Executive Vice President, Chief People Officer, was appointed to the position of Executive Vice President, Brand Operations – SmartStyle, First Choice Haircutters, Roosters, and Portfolio Brands, effective August 16, 2024. Annuncio • Aug 15
Regis Corporation to Report Q4, 2024 Results on Aug 28, 2024 Regis Corporation announced that they will report Q4, 2024 results Pre-Market on Aug 28, 2024 Annuncio • Jul 19
Gary Wyetzner Provides Information to Shareholders On July 18, 2024, William Charters, Stephen Salvadore, Gary Wyetzner announced that Regis Corporation has adopted their suggestions and has since seen an improvement in its performance, made note of these improvements, and stated the financial and operating concerns have been alleviated. As such, William Charters, Stephen Salvadore, Gary Wyetzner have terminated their reporting group, aligned with the Company board and Company management and wish to express their support for the Company and the Board. Annuncio • Apr 26
Regis Corporation to Report Q3, 2024 Results on May 01, 2024 Regis Corporation announced that they will report Q3, 2024 results Pre-Market on May 01, 2024 Annuncio • Jan 31
Regis Corporation Reports Impairment for the Second Quarter Ended December 31, 2023 Regis Corporation reported impairment for the second quarter ended December 31, 2023. For the quarter, the company reported long-lived asset impairment of $170,000. Annuncio • Jan 25
Regis Corporation to Report Q2, 2024 Results on Jan 31, 2024 Regis Corporation announced that they will report Q2, 2024 results on Jan 31, 2024 Annuncio • Jan 11
William Charters Issues Letter to Regis Corporation On January 9, 2024, William Charters, Stephen Salvadore, Gary Wyetzner issued a letter to the chairman of the board of directors of Regis Corporation requesting 2 board seats to infuse the necessary skills and shareholder representation into the Company. William Charters stated that they believe the Company has been significantly mismanaged and requires new leadership, governance and seldom witness a board of directors that has presided over this much value destruction and continues on as business as usual. William Charters added that they believe that 4 current directors should step down and the board should be reduced in size to 5 independent directors and the CEO, and that their 2 candidates be appointed to the Board. Annuncio • Dec 30
Galloway Capital Partners, LLC Issues a Letter to Regis Corporation On December 28, 2023, Galloway Capital Partners, LLC announced that it has delivered a letter to Regis Corporation’s Chairman and Chief Executive Officer and highlighted disappointment with management’s performance in enhancing shareholder value. Galloway Capital stated that it would like to assist in the process of growing the Company, improving the financial structure and enhancing shareholder value. Galloway Capital added that it has request that the Special Committee consider two candidates of our selection with strong public company experience to be added to the Board of Directors. Annuncio • Dec 29
Regis Announces Appeal of NYSE Determination to Commence Proceedings to Delist Regis' Common Stock Regis Corporation announced that it has requested an oral hearing of the NYSE's decision to commence proceedings to delist Regis' common stock from the New York Stock Exchange ("NYSE"). Regis looks forward to presenting its plan of compliance at the hearing, and in the interim, will continue to evaluate all available listing options. During this time, Regis common stock has not been suspended from trading and is expected to continue to be listed and traded on the NYSE while any such appeal remains pending. However, the NYSE reserves the right, while the appeal remains pending, under subsequent committee review to determine that trading in Regis common stock should be suspended. NYSE Regulation has determined that Regis was unable to demonstrate that it had regained compliance with the applicable listing standard by the expiration of the maximum plan period. As previously disclosed, Regis had been deemed below compliance with the NYSE's continued listing standard in Section 802.01B of the Listed Company Manual requiring listed companies to maintain either (i) at least $50 million in stockholders' equity or (ii) at least $50 million in total market capitalization on a 30-trading day average basis. Annuncio • Dec 19
NYSE Regulation Determines to Commence Proceedings to Delist Regis' Common Stock from the NYSE On December 13, 2023, Regis Corporation (the “Company”) received a written notice (the “Notice”) from the staff of NYSE Regulation (the “Staff”) of the New York Stock Exchange (“NYSE”) indicating that the Staff had determined to commence proceedings to delist the common stock of the Company from the NYSE. The Notice indicated that the Staff reached its decision because the Company was unable to demonstrate that it had regained compliance with the applicable listing standard in Section 802.01B of the Listed Company Manual requiring listed companies to maintain either (i) at least $50 million in stockholders’ equity or (ii) at least $50 million in total market capitalization on a 30-trading day average basis. The Company’s common stock has not been suspended from trading and is expected to continue to be listed and traded on the NYSE while any review remains pending. The Company will be appealing the Staff's decision within the required timing and looks forward to presenting its plan of compliance at the hearing. In the interim, the Company will continue to evaluate all available options for maintaining a listing of its common stock on a national securities exchange. The Company has a right to request a review of the Staff’s determination by a Committee of the Board of Directors of the NYSE (the “Committee”). The NYSE would announce a suspension date at such time as (i) the Company does not request a review by the Committee within 10 business days of the Notice, (ii) the Company determines that it does not intend to appeal, (iii) the subsequent review of the Committee determines that the Company should be suspended, or (iv) there are other material developments. After any such suspension announcement, the NYSE would then apply to the Securities and Exchange Commission to delist the Company’s common stock. There can be no assurance of the outcome of any review by the Committee or that the NYSE will reconsider its decision to commence delisting proceedings against the Company in light of such review. Annuncio • Dec 15
NYSE to Commence Delisting Proceedings Against Regis Corporation The New York Stock Exchange (“NYSE”, the “Exchange”) announced that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Regis Corporation (the “Company”) — ticker symbol RGS — from the NYSE. NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 802.02 of the Listed Company Manual as the Company was unable to demonstrate that it had regained compliance with the applicable listing standard by the expiration of the maximum plan period. The Company had previously been deemed below compliance with the NYSE’s continued listing standard in Section 802.01B of the Listed Company Manual requiring listed companies to maintain either (i) at least $50 million in stockholders’ equity or (ii) at least $50 million in total market capitalization on a 30-trading day average basis. The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange (the “Committee”). The NYSE will announce a suspension date at such time as i) the Company does not request a review by the Committee within 10 business days of this notice, ii) the Company determines that it does not intend to appeal, iii) the subsequent review of the Committee determines that the Company should be suspended, or iv) there are other material developments. After the suspension announcement, the NYSE would then apply to the Securities and Exchange Commission to delist the common stock. Annuncio • Nov 19
Regis Corporation Announces Reverse Stock Split to Regain Compliance with Minimum Bid Price Requirements Regis Corporation announced that it intends to effect a reverse stock split of its outstanding common stock, par value $0.05 per share, at a ratio of one-for-twenty, with an intended market effective date of November 29, 2023. The reverse stock split is primarily intended to bring the Company into compliance with stock exchange minimum bid price requirements, as the Company explores opportunities to remain listed on a national securities exchange. The reverse stock split is not expected to have a direct impact on the Company’s market capitalization deficiency as previously reported in the Company’s Current Report on Form 8-K filed on June 15, 2022, for which the NYSE-established compliance period is scheduled to end on December 13, 2023. Following the reverse stock split, the Company's common stock will continue to trade under the symbol ‘RGS’. The new CUSIP number for the Company’s common stock following the reverse stock split will be 758932206. Upon the effectiveness of the reverse stock split, every 20 shares of issued and outstanding common stock before the open of trading on November 29, 2023 will be combined into one issued and outstanding share of common stock, with no change in par value per share. The Company’s common stock will open for trading on NYSE on November 29, 2023 on a post-split basis. The reverse stock split will reduce the number of shares of the Company's outstanding common stock from approximately 45.6 million shares to approximately 2.3 million shares. No fractional shares will be issued as a result of the reverse stock split. Any fractional shares that would result from the reverse stock split will be cancelled in exchange for the payment of cash consideration. The reverse stock split will affect all issued and outstanding shares of the Company’s common stock, as well as the number of shares of common stock available for issuance under the Company’s outstanding stock options and stock unit awards. The reverse stock split will reduce the number of shares of common stock issuable upon the exercise of stock options outstanding and the vesting of stock unit awards outstanding immediately prior to the reverse stock split and correspondingly increase the respective exercise prices or other price dependent terms. The reverse stock split will affect all shareholders uniformly and will not alter any shareholder’s percentage interest in the Company’s equity, except to the extent that the reverse stock split results in some shareholders experiencing an adjustment of a fractional share as described above. Shareholders holding share certificates will receive information from EQ Shareowner Services, the Company’s transfer agent, regarding the process for exchanging their shares of common stock. Shareholders with questions may contact our transfer agent by calling 1-800-401-1957. Shareholders owning shares electronically or via a broker, bank, trust or other nominee are expected to have their positions automatically adjusted to reflect the reverse stock split, subject to such broker’s particular processes, and will not be required to take any action in connection with the reverse stock split. New Risk • Nov 07
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$24.2m market cap). Reported Earnings • Nov 07
First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2024 results: EPS: US$0.026 (up from US$0.04 loss in 1Q 2023). Revenue: US$53.4m (down 14% from 1Q 2023). Net income: US$1.19m (up US$3.03m from 1Q 2023). Profit margin: 2.2% (up from net loss in 1Q 2023). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates. Revenue is expected to decline by 7.8% p.a. on average during the next 2 years, while revenues in the Consumer Services industry in the US are expected to grow by 9.1%. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. New Risk • Nov 04
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 American stocks, typically moving 9.2% 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 (-US$8.4m free cash flow). Negative equity (-US$37m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$6.2m net loss in 2 years). Share price has been volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$100m (US$24.2m market cap). Major Estimate Revision • Nov 03
Consensus EPS estimates upgraded to US$0.13 loss, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$211.6m to US$209.4m. 2024 losses expected to reduce from -US$0.20 to -US$0.13 per share. Consumer Services industry in the US expected to see average net income growth of 38% next year. Consensus price target of US$2.00 unchanged from last update. Share price rose 4.0% to US$0.60 over the past week. Annuncio • Oct 26
Regis Corporation to Report Q1, 2024 Results on Nov 01, 2023 Regis Corporation announced that they will report Q1, 2024 results Pre-Market on Nov 01, 2023 Major Estimate Revision • Sep 14
Consensus EPS estimates fall by 82% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$0.11 to -US$0.20 per share. Revenue forecast of US$211.6m unchanged since last update. Consumer Services industry in the US expected to see average net income growth of 36% next year. Consensus price target of US$2.00 unchanged from last update. Share price fell 13% to US$0.87 over the past week. Annuncio • Sep 12
Regis Corporation, Annual General Meeting, Oct 24, 2023 Regis Corporation, Annual General Meeting, Oct 24, 2023, at 09:00 Central Standard Time. Agenda: To elect the eight directors listed in this proxy statement to serve for a one-year term and until their successors are elected and qualified; to approve, on an advisory basis, the compensation of named executive officers; to approve, on an advisory basis, the frequency of future advisory votes on the compensation of named executive officers; to ratify the appointment of Grant Thornton LLP as independent registered public accounting firm for fiscal 2024; and to transact such other business, if any, as may properly come before the annual meeting or any adjournment or postponement thereof. Annuncio • Aug 24
Regis Corporation Reports Impairment Charges for the Fourth Quarter Ended June 30, 2023 Regis Corporation reported impairment charges for the fourth quarter ended June 30, 2023. For the quarter, the company reported long-lived asset impairment of $65,000. Reported Earnings • Aug 23
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: US$0.24 loss per share (improved from US$1.07 loss in FY 2022). Revenue: US$233.3m (down 16% from FY 2022). Net loss: US$11.3m (loss narrowed 76% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 27%. 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 48% per year, which means it is significantly lagging earnings. Annuncio • Aug 18
Regis Corporation to Report Q4, 2023 Results on Aug 23, 2023 Regis Corporation announced that they will report Q4, 2023 results Pre-Market on Aug 23, 2023 Annuncio • May 06
Regis Corporation Appoints Ms. Nancy Benaccito the Board of Directors of the Company, Effective May 1, 2023 On May 2, 2023, the Board of Directors of Regis Corporation appointed Ms. Nancy Benaccito the Board of Directors of the Company, effective May 1, 2023.Ms. Benacci was appointed to serve as a member of the Audit Committee of the Board of Directors. Annuncio • May 04
Regis Corporation Reports Impairment Charges for the Third Quarter Ended March 31, 2023 Regis Corporation reported impairment charges for the third quarter ended March 31, 2023. For the quarter, the company reported long-lived asset impairment of $36,000 against $327,000 a year ago. Reported Earnings • May 04
Third quarter 2023 earnings: EPS exceeds analyst expectations Third quarter 2023 results: US$0.047 loss per share (improved from US$0.61 loss in 3Q 2022). Revenue: US$55.8m (down 14% from 3Q 2022). Net loss: US$2.16m (loss narrowed 92% from 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 43%. Revenue is expected to decline by 8.1% p.a. on average during the next 2 years, while revenues in the Consumer Services industry in the US are expected to grow by 9.1%. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 02
Second quarter 2023 earnings released: US$0.055 loss per share (vs US$0.11 loss in 2Q 2022) Second quarter 2023 results: US$0.055 loss per share (improved from US$0.11 loss in 2Q 2022). Revenue: US$60.0m (down 15% from 2Q 2022). Net loss: US$2.54m (loss narrowed 48% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Annuncio • Jan 26
Regis Corporation to Report Q2, 2023 Results on Feb 01, 2023 Regis Corporation announced that they will report Q2, 2023 results Pre-Market on Feb 01, 2023 Reported Earnings • Nov 03
First quarter 2023 earnings released: US$0.04 loss per share (vs US$0.25 loss in 1Q 2022) First quarter 2023 results: US$0.04 loss per share (improved from US$0.25 loss in 1Q 2022). Revenue: US$61.9m (down 20% from 1Q 2022). Net loss: US$1.84m (loss narrowed 80% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. Reported Earnings • May 10
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: US$0.61 loss per share (down from US$0.30 loss in 3Q 2021). Revenue: US$64.7m (down 35% from 3Q 2021). Net loss: US$27.9m (loss widened 157% from 3Q 2021). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 10.0%. Breakeven Date Change • Mar 10
Forecast to breakeven in 2023 The analyst covering Regis expects the company to break even for the first time. New forecast suggests the company will make a profit of US$3.20m in 2023. Average annual earnings growth of 149% is required to achieve expected profit on schedule. Reported Earnings • Feb 04
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: US$0.11 loss per share (up from US$0.92 loss in 2Q 2021). Revenue: US$70.3m (down 33% from 2Q 2021). Net loss: US$4.93m (loss narrowed 85% from 2Q 2021). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 10.0%. Over the next year, revenue is expected to shrink by 16% compared to a 16% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has fallen by 56% per year, which means it is performing significantly worse than earnings. Executive Departure • Dec 01
Chief Development Officer, Executive VP, General Counsel & Secretary Amanda Rusin has left the company On the 30th of November, Amanda Rusin's tenure as Chief Development Officer, Executive VP, General Counsel & Secretary ended after 3.9 years in the role. As of September 2021, Amanda still personally held 33.45k shares (US$116k worth at the time). Amanda is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Nov 06
First quarter 2022 earnings released: US$0.28 loss per share (vs US$0.98 loss in 1Q 2021) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2022 results: Revenue: US$77.8m (down 30% from 1Q 2021). Net loss: US$10.4m (loss narrowed 71% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 26 percentage points per year, which is a significant difference in performance. Board Change • Oct 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Lockie Andrews was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Sep 16
Price target decreased to US$5.75 Down from US$9.25, the current price target is an average from 2 analysts. New target price is 45% above last closing price of US$3.96. Stock is down 28% over the past year. Reported Earnings • Aug 27
Full year 2021 earnings released: US$3.15 loss per share (vs US$4.79 loss in FY 2020) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: US$415.1m (down 38% from FY 2020). Net loss: US$113.3m (loss narrowed 34% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Price Target Changed • Aug 27
Price target decreased to US$9.25 Down from US$11.00, the current price target is an average from 2 analysts. New target price is 58% above last closing price of US$5.84. Stock is down 36% over the past year. Reported Earnings • May 06
Third quarter 2021 earnings released: US$0.30 loss per share (vs US$2.10 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: US$100.3m (down 35% from 3Q 2020). Net loss: US$10.8m (loss narrowed 86% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 25
New 90-day high: US$12.64 The company is up 46% from its price of US$8.64 on 25 November 2020. The American market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$24.89 per share. Reported Earnings • Feb 05
Second quarter 2021 earnings released: US$0.92 loss per share (vs US$0.27 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$104.3m (down 50% from 2Q 2020). Net loss: US$32.9m (loss widened 247% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Analyst Estimate Surprise Post Earnings • Feb 05
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 19%. Earnings per share (EPS) exceeded analyst estimates by 475%. Over the next year, revenue is forecast to stay flat compared to a 38% growth forecast for the Consumer Services industry in the US. Is New 90 Day High Low • Jan 27
New 90-day high: US$11.80 The company is up 117% from its price of US$5.44 on 28 October 2020. The American market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$15.83 per share. Is New 90 Day High Low • Dec 02
New 90-day high: US$9.10 The company is up 28% from its price of US$7.09 on 03 September 2020. The American market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$12.21 per share. Price Target Changed • Dec 01
Price target lowered to US$7.50 Down from US$10.00, the current price target is an average from 2 analysts. The new target price is 15% below the current share price of US$8.78. As of last close, the stock is down 46% over the past year.