Board Change • Jul 16
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Mario Giorgio was the last independent director to join the board, commencing their role in 2021. 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 • Dec 01
Third quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 3Q 2022) Third quarter 2023 results: CA$0.002 loss per share (further deteriorated from CA$0.001 loss in 3Q 2022). Revenue: CA$2.50m (up 7.6% from 3Q 2022). Net loss: CA$284.0k (loss widened 19% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Board Change • Nov 08
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Mario Giorgio was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 01
Second quarter 2023 earnings released: CA$0.001 loss per share (vs CA$0.003 loss in 2Q 2022) Second quarter 2023 results: CA$0.001 loss per share (improved from CA$0.003 loss in 2Q 2022). Revenue: CA$2.36m (up 17% from 2Q 2022). Net loss: CA$196.2k (loss narrowed 59% from 2Q 2022). Buying Opportunity • Jul 31
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be CA$0.066, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making. Board Change • Jul 12
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Mario Giorgio was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 02
First quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.004 loss in 1Q 2022) First quarter 2023 results: CA$0.003 loss per share (improved from CA$0.004 loss in 1Q 2022). Revenue: CA$2.06m (up 30% from 1Q 2022). Net loss: CA$553.9k (loss narrowed 4.5% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. お知らせ • May 06
Spot Coffee (Canada) Ltd., Annual General Meeting, Jul 07, 2023 Spot Coffee (Canada) Ltd., Annual General Meeting, Jul 07, 2023. Reported Earnings • May 03
Full year 2022 earnings released: CA$0.005 loss per share (vs CA$0.003 profit in FY 2021) Full year 2022 results: CA$0.005 loss per share (down from CA$0.003 profit in FY 2021). Revenue: CA$8.02m (up 29% from FY 2021). Net loss: CA$808.6k (down 264% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. お知らせ • Feb 07
Spot Coffee (Canada) Ltd. announced that it has received CAD 0.0825 million in funding On February 6, 2023, Spot Coffee (Canada) Ltd. closed the transaction. All the common shares issued in connection with this transaction are subject to a statutory four-month hold period in accordance with applicable securities laws, which will expire on June 7, 2023. お知らせ • Dec 23
Spot Coffee (Canada) Ltd. announced that it expects to receive CAD 0.0825 million in funding Spot Coffee (Canada) Ltd. announced a non-brokered private placement of 1,650,000 common shares at a price of CAD 0.05 per common share for aggregate gross proceeds of CAD 82,500 on December 22, 2022. The transaction included participation from insider of the company as sole subscriber. All of the common shares issued in connection with this financing will be subject to a statutory four-month hold period. Reported Earnings • Dec 01
Third quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.001 profit in 3Q 2021) Third quarter 2022 results: CA$0.001 loss per share (down from CA$0.001 profit in 3Q 2021). Revenue: CA$2.33m (up 23% from 3Q 2021). Net loss: CA$238.8k (down 269% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 30
Second quarter 2022 earnings released: CA$0.003 loss per share (vs CA$0.004 profit in 2Q 2021) Second quarter 2022 results: CA$0.003 loss per share (down from CA$0.004 profit in 2Q 2021). Revenue: CA$2.01m (up 33% from 2Q 2021). Net loss: CA$481.3k (down 188% from profit in 2Q 2021). 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 21% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 01
First quarter 2022 earnings released: CA$0.004 loss per share (vs CA$0.004 loss in 1Q 2021) First quarter 2022 results: CA$0.004 loss per share (vs CA$0.004 loss in 1Q 2021). Revenue: CA$1.59m (up 60% from 1Q 2021). Net loss: CA$579.8k (loss widened 16% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Reported Earnings • May 03
Full year 2021 earnings released: EPS: CA$0.003 (vs CA$0.018 loss in FY 2020) Full year 2021 results: EPS: CA$0.003 (up from CA$0.018 loss in FY 2020). Revenue: CA$6.22m (up 52% from FY 2020). Net income: CA$491.7k (up CA$2.92m from FY 2020). Profit margin: 7.9% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings. Reported Earnings • Dec 02
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: CA$0.001 (up from CA$0.004 loss in 3Q 2020). Revenue: CA$1.89m (up 50% from 3Q 2020). Net income: CA$141.4k (up CA$661.9k from 3Q 2020). Profit margin: 7.5% (up from net loss in 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 26% per year. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS CA$0.004 (vs CA$0.008 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$1.51m (up CA$1.42m from 2Q 2020). Net income: CA$544.9k (up CA$1.67m from 2Q 2020). Profit margin: 36% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 03
First quarter 2021 earnings released: CA$0.004 loss per share (vs CA$0.002 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: CA$990.3k (down 50% from 1Q 2020). Net loss: CA$499.0k (loss widened 93% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 32 percentage points per year, which is a significant difference in performance. お知らせ • May 15
Spot Coffee (Canada) Ltd. announced that it has received CAD 0.45503 million in funding On May 14, 2021, Spot Coffee (Canada) Ltd. (TSXV:SPP) closed the transaction. The company issued 9,100,600 units for aggregate gross proceeds of CAD 455,030. All securities issued are subject to a statutory four-month hold period in accordance with applicable securities laws, which expires on September 15, 2021. Reported Earnings • May 03
Full year 2020 earnings released: CA$0.018 loss per share (vs CA$0.019 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: CA$4.10m (down 52% from FY 2019). Net loss: CA$2.43m (loss narrowed 3.2% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 33 percentage points per year, which is a significant difference in performance. お知らせ • Jan 30
Spot Coffee (Canada) Ltd., Annual General Meeting, Apr 09, 2021 Spot Coffee (Canada) Ltd., Annual General Meeting, Apr 09, 2021. お知らせ • Jan 26
Spot Coffee (Canada) Ltd. announced that it expects to receive CAD 0.5 million in funding Spot Coffee (Canada) Ltd. (TSXV:SPP) announced a private placement of up to 10,000,000 units at an issue price of CAD 0.05 per unit for gross proceeds of CAD 500,000 on January 25, 2021. Each unit consist of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of CAD 0.075 for a period of 24 months from the initial closing date subject to an acceleration clause to the effect that if at any time the closing trading price of the common shares on the TSX Venture Exchange is CAD 0.09 or more for a period of 30 consecutive days and the company will be entitled to notify all holders of warrants of its intention to force the exercise of the warrants and to issue a press release to such effect, following which the holders of warrants shall have 30 days from the date of the press release to exercise the warrants. All securities to be issued pursuant to the transaction are subject to a statutory hold period of four months in accordance with applicable securities laws. Closing of the transaction is expected to occur in one or more tranches and is subject to receipt of approval from the TSX Venture Exchange. Reported Earnings • Dec 02
Third quarter 2020 earnings released: CA$0.004 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: CA$1.26m (down 47% from 3Q 2019). Net loss: CA$520.6k (loss widened 146% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 84% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings.