View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsMighty Craft 配当と自社株買い配当金 基準チェック /06Mighty Craft配当金を支払った記録がありません。主要情報n/a配当利回り-280.3%バイバック利回り総株主利回り-280.3%将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesNew Risk • May 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (32% average weekly change). High level of non-cash earnings (42% accrual ratio). Market cap is less than US$10m (AU$2.58m market cap, or US$1.71m). Minor Risk Shareholders have been diluted in the past year (2.6% increase in shares outstanding).お知らせ • Apr 05Mighty Craft Limited Announces Changes of Company SecretaryMighty Craft Limited announced the appointments of Charly Duffy and Ben Malone as Joint Company Secretaries, upon the resignation of Andrew Syme as Company Secretary, effective immediately. Charly is a practising corporate and commercial lawyer who has comprehensive experience working with ASX-listed companies in both a legal and company secretarial capacity. Charly has completed the Graduate Diploma in Applied Corporate Governance with the Governance Institute of Australia and is a Fellow Member of Governance Institute of Australia and Chartered Governance Institute. Ben is a Chartered Accountant with extensive CFO experience at several ASX-listed entities. He is a Graduate Member of the Australian Institute of Company Directors.New Risk • Mar 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. High level of non-cash earnings (42% accrual ratio). Market cap is less than US$10m (AU$5.11m market cap, or US$3.32m). Minor Risk Shareholders have been diluted in the past year (13% increase in shares outstanding).お知らせ • Feb 15Deale and Elisa-Stanley-Hunt, the original founders of Slipstream Brewing Co Pty Ltd agreed to acquire an unknown stake in Slipstream Brewing Co Pty Ltd. from Mighty Craft Limited (ASX:MCL).Deale and Elisa-Stanley-Hunt, the original founders of Slipstream Brewing Co Pty Ltd agreed to acquire an unknown stake in Slipstream Brewing Co Pty Ltd. from Mighty Craft Limited (ASX:MCL) on February 15, 2024. The consideration consists of AUD 0.85 million in cash. As part of the consideration, AUD 0.85 million was paid towards common equity.Board Change • Dec 28No independent directorsThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Sean Ebert is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.お知らせ • Dec 16Mighty Craft Limited has completed a Follow-on Equity Offering in the amount of AUD 5.2 million.Mighty Craft Limited has completed a Follow-on Equity Offering in the amount of AUD 5.2 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 35,172,413 Price\Range: AUD 0.145 Discount Per Security: AUD 0.0087 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 689,655 Price\Range: AUD 0.145 Discount Per Security: AUD 0.0087 Transaction Features: Subsequent Direct Listingお知らせ • Nov 29Mighty Craft Limited Announces the Appointment of Grant Peck as Non-Executive ChairMighty Craft Limited announced the appointment of Grant Peck to its Board of Directors as non-executive Chair, effective 27 November, 2023. Grant has been involved in the beverage industry over the last three decades and has had leadership roles with Lion Nathan in the 1990's, then Beringer Blass and then Foster's Group in the period between 2004 and 2016 including when it was owned by global brewer SAB Miller. Mr. Peck is a Chartered Accountant with extensive beverage experience in CFO roles with CUB, Beringer Blass and McCormick Foods - a NYSE listed consumer foods group. In addition, Grant managed the CUB supply chain for an extended period when the business was a multi-beverage model. Grant also has managed smaller enterprises with time in the Agrifoods space with Sunny Ridge Farms. Most recently Grant was CEO of the ASX listed small cap McPhersons Limited, where he had originally been in a Non-Executive Director role and head of the Audit and Risk Committee.New Risk • Nov 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 26% 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 Share price has been highly volatile over the past 3 months (26% average weekly change). High level of non-cash earnings (24% accrual ratio). Market cap is less than US$10m (AU$4.37m market cap, or US$2.84m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding).お知らせ • Nov 15+ 1 more updateMighty Craft Limited Announces Executive ChangesThe Board of Mighty Craft Limited announced the appointment of Katie McNamara as Managing Director, effective immediately following its strategic review process announced to the ASX on the 11th of May 2023. Katie has been a Non-Executive Director of Mighty Craft since 17th April 2023, and has been integral in the Board-led Strategic review, development, and execution. As a senior executive and management consultant, Katie brings experience across a broad range of functional areas, with a focus on consumer, FMCG and retail. She has over 25 years operational experience in senior executive and consultancy roles across Australia, Europe, United States and Asia, and has deep experience in beverage alcohol, having been on the senior executive at Foster's Group as Director of Strategy and M&A prior to, leading up and post the Demerger of Treasury Wine Estates. In addition to leading operational improvements across each stage of the value chain in her time at Foster's, she also led the China strategy development for TWE, as well as leading a number of consulting engagements for global spirits and beer companies in China, India, USA and Australia. Initially the term of the appointment is until June 30, 2024 at which point the company will enter discussions around potential full-time employment. The company thank Jess Lyons for her efforts as Acting CEO over the past few months as the company have been completing the Strategic Review.お知らせ • Sep 20Mighty Craft Limited, Annual General Meeting, Nov 14, 2023Mighty Craft Limited, Annual General Meeting, Nov 14, 2023.Reported Earnings • Aug 30Full year 2023 earnings released: EPS: AU$0.029 (vs AU$0.056 loss in FY 2022)Full year 2023 results: EPS: AU$0.029 (up from AU$0.056 loss in FY 2022). Revenue: AU$112.7m (up 80% from FY 2022). Net income: AU$9.73m (up AU$27.0m from FY 2022). Profit margin: 8.6% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.New Risk • Aug 29New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$8.5m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (AU$10.9m market cap, or US$7.04m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (11% increase in shares outstanding).お知らせ • Aug 26Mighty Craft Limited Announces the Resignation Of Trevor O'hoy from its Board of DirectorsMighty Craft Limited announced the resignation Of Trevor O'Hoy from its Board of Directors effective 25 August.お知らせ • Aug 10Mighty Craft Limited to Report Fiscal Year 2023 Results on Aug 29, 2023Mighty Craft Limited announced that they will report fiscal year 2023 results on Aug 29, 2023New Risk • Aug 04New major risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$15.3m (US$10.0m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$8.5m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 43% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (AU$15.3m market cap, or US$10.0m).お知らせ • Jul 12Mighty Craft Limited Provides Earnings Guidance for the Fourth Quarter 2023Mighty Craft Limited provided earnings guidance for the fourth quarter 2023. The company expects sales to be in the range of $21.0 million - $22.0 million, representing approximately a 7.5% decline versus fourth quarter 2022 despite strong growth from Better Beer and delivery of the 10 million litre commitment in year 2023.New Risk • Jun 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% 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 (-AU$8.5m free cash flow). Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (9.7% increase in shares outstanding). Market cap is less than US$100m (AU$25.2m market cap, or US$17.0m).お知らせ • Jun 22+ 1 more updateMighty Craft Limited Announces CEO ChangesMighty Craft Limited announced that Mark Haysman has tendered his resignation as CEO effective on 3 July 2023. The Board has appointed Jess Lyons as Acting Chief Executive Officer.Reported Earnings • Feb 28First half 2023 earnings releasedFirst half 2023 results: Revenue: AU$45.2m (up 75% from 1H 2022). Net loss: AU$5.30m (loss widened 2.9% from 1H 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Hospitality industry in Australia.お知らせ • Jan 24Mighty Craft Limited to Report Q2, 2023 Results on Jan 30, 2023Mighty Craft Limited announced that they will report Q2, 2023 results on Jan 30, 2023Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Co-Founder, GM of Beer & Non-Executive Director Dan Wales 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.Board Change • Oct 29No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Founder, GM of Beer & Non-Executive Director Dan Wales 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.決済の安定と成長配当データの取得安定した配当: MCLの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: MCLの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Mighty Craft 配当利回り対市場MCL 配当利回りは市場と比べてどうか?セグメント配当利回り会社 (MCL)n/a市場下位25% (AU)2.8%市場トップ25% (AU)6.7%業界平均 (Hospitality)2.2%アナリスト予想 (MCL) (最長3年)n/a注目すべき配当: MCLは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: MCLは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: MCLの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: MCLが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YAU 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2024/08/29 20:22終値2024/07/18 00:00収益2023/12/31年間収益2023/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Mighty Craft Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Allan FranklinCanaccord Genuity
New Risk • May 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (32% average weekly change). High level of non-cash earnings (42% accrual ratio). Market cap is less than US$10m (AU$2.58m market cap, or US$1.71m). Minor Risk Shareholders have been diluted in the past year (2.6% increase in shares outstanding).
お知らせ • Apr 05Mighty Craft Limited Announces Changes of Company SecretaryMighty Craft Limited announced the appointments of Charly Duffy and Ben Malone as Joint Company Secretaries, upon the resignation of Andrew Syme as Company Secretary, effective immediately. Charly is a practising corporate and commercial lawyer who has comprehensive experience working with ASX-listed companies in both a legal and company secretarial capacity. Charly has completed the Graduate Diploma in Applied Corporate Governance with the Governance Institute of Australia and is a Fellow Member of Governance Institute of Australia and Chartered Governance Institute. Ben is a Chartered Accountant with extensive CFO experience at several ASX-listed entities. He is a Graduate Member of the Australian Institute of Company Directors.
New Risk • Mar 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. High level of non-cash earnings (42% accrual ratio). Market cap is less than US$10m (AU$5.11m market cap, or US$3.32m). Minor Risk Shareholders have been diluted in the past year (13% increase in shares outstanding).
お知らせ • Feb 15Deale and Elisa-Stanley-Hunt, the original founders of Slipstream Brewing Co Pty Ltd agreed to acquire an unknown stake in Slipstream Brewing Co Pty Ltd. from Mighty Craft Limited (ASX:MCL).Deale and Elisa-Stanley-Hunt, the original founders of Slipstream Brewing Co Pty Ltd agreed to acquire an unknown stake in Slipstream Brewing Co Pty Ltd. from Mighty Craft Limited (ASX:MCL) on February 15, 2024. The consideration consists of AUD 0.85 million in cash. As part of the consideration, AUD 0.85 million was paid towards common equity.
Board Change • Dec 28No independent directorsThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Sean Ebert is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
お知らせ • Dec 16Mighty Craft Limited has completed a Follow-on Equity Offering in the amount of AUD 5.2 million.Mighty Craft Limited has completed a Follow-on Equity Offering in the amount of AUD 5.2 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 35,172,413 Price\Range: AUD 0.145 Discount Per Security: AUD 0.0087 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 689,655 Price\Range: AUD 0.145 Discount Per Security: AUD 0.0087 Transaction Features: Subsequent Direct Listing
お知らせ • Nov 29Mighty Craft Limited Announces the Appointment of Grant Peck as Non-Executive ChairMighty Craft Limited announced the appointment of Grant Peck to its Board of Directors as non-executive Chair, effective 27 November, 2023. Grant has been involved in the beverage industry over the last three decades and has had leadership roles with Lion Nathan in the 1990's, then Beringer Blass and then Foster's Group in the period between 2004 and 2016 including when it was owned by global brewer SAB Miller. Mr. Peck is a Chartered Accountant with extensive beverage experience in CFO roles with CUB, Beringer Blass and McCormick Foods - a NYSE listed consumer foods group. In addition, Grant managed the CUB supply chain for an extended period when the business was a multi-beverage model. Grant also has managed smaller enterprises with time in the Agrifoods space with Sunny Ridge Farms. Most recently Grant was CEO of the ASX listed small cap McPhersons Limited, where he had originally been in a Non-Executive Director role and head of the Audit and Risk Committee.
New Risk • Nov 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 26% 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 Share price has been highly volatile over the past 3 months (26% average weekly change). High level of non-cash earnings (24% accrual ratio). Market cap is less than US$10m (AU$4.37m market cap, or US$2.84m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding).
お知らせ • Nov 15+ 1 more updateMighty Craft Limited Announces Executive ChangesThe Board of Mighty Craft Limited announced the appointment of Katie McNamara as Managing Director, effective immediately following its strategic review process announced to the ASX on the 11th of May 2023. Katie has been a Non-Executive Director of Mighty Craft since 17th April 2023, and has been integral in the Board-led Strategic review, development, and execution. As a senior executive and management consultant, Katie brings experience across a broad range of functional areas, with a focus on consumer, FMCG and retail. She has over 25 years operational experience in senior executive and consultancy roles across Australia, Europe, United States and Asia, and has deep experience in beverage alcohol, having been on the senior executive at Foster's Group as Director of Strategy and M&A prior to, leading up and post the Demerger of Treasury Wine Estates. In addition to leading operational improvements across each stage of the value chain in her time at Foster's, she also led the China strategy development for TWE, as well as leading a number of consulting engagements for global spirits and beer companies in China, India, USA and Australia. Initially the term of the appointment is until June 30, 2024 at which point the company will enter discussions around potential full-time employment. The company thank Jess Lyons for her efforts as Acting CEO over the past few months as the company have been completing the Strategic Review.
お知らせ • Sep 20Mighty Craft Limited, Annual General Meeting, Nov 14, 2023Mighty Craft Limited, Annual General Meeting, Nov 14, 2023.
Reported Earnings • Aug 30Full year 2023 earnings released: EPS: AU$0.029 (vs AU$0.056 loss in FY 2022)Full year 2023 results: EPS: AU$0.029 (up from AU$0.056 loss in FY 2022). Revenue: AU$112.7m (up 80% from FY 2022). Net income: AU$9.73m (up AU$27.0m from FY 2022). Profit margin: 8.6% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
New Risk • Aug 29New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$8.5m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (AU$10.9m market cap, or US$7.04m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (11% increase in shares outstanding).
お知らせ • Aug 26Mighty Craft Limited Announces the Resignation Of Trevor O'hoy from its Board of DirectorsMighty Craft Limited announced the resignation Of Trevor O'Hoy from its Board of Directors effective 25 August.
お知らせ • Aug 10Mighty Craft Limited to Report Fiscal Year 2023 Results on Aug 29, 2023Mighty Craft Limited announced that they will report fiscal year 2023 results on Aug 29, 2023
New Risk • Aug 04New major risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$15.3m (US$10.0m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$8.5m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 43% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (AU$15.3m market cap, or US$10.0m).
お知らせ • Jul 12Mighty Craft Limited Provides Earnings Guidance for the Fourth Quarter 2023Mighty Craft Limited provided earnings guidance for the fourth quarter 2023. The company expects sales to be in the range of $21.0 million - $22.0 million, representing approximately a 7.5% decline versus fourth quarter 2022 despite strong growth from Better Beer and delivery of the 10 million litre commitment in year 2023.
New Risk • Jun 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% 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 (-AU$8.5m free cash flow). Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (9.7% increase in shares outstanding). Market cap is less than US$100m (AU$25.2m market cap, or US$17.0m).
お知らせ • Jun 22+ 1 more updateMighty Craft Limited Announces CEO ChangesMighty Craft Limited announced that Mark Haysman has tendered his resignation as CEO effective on 3 July 2023. The Board has appointed Jess Lyons as Acting Chief Executive Officer.
Reported Earnings • Feb 28First half 2023 earnings releasedFirst half 2023 results: Revenue: AU$45.2m (up 75% from 1H 2022). Net loss: AU$5.30m (loss widened 2.9% from 1H 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Hospitality industry in Australia.
お知らせ • Jan 24Mighty Craft Limited to Report Q2, 2023 Results on Jan 30, 2023Mighty Craft Limited announced that they will report Q2, 2023 results on Jan 30, 2023
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Co-Founder, GM of Beer & Non-Executive Director Dan Wales 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.
Board Change • Oct 29No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Founder, GM of Beer & Non-Executive Director Dan Wales 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.