View ValuationLabrador Resources 将来の成長Future 基準チェック /06現在、 Labrador Resourcesの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Oil and Gas 収益成長10.1%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesNew Risk • Feb 25New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% 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 Shares are highly illiquid. Negative equity (-CA$229k). Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.47m market cap, or US$1.80m).お知らせ • Feb 25Labrador Resources Inc. announced that it expects to receive CAD 0.3 million in fundingLabrador Resources Inc. announced a private placement to issue 6,000,000 units at an issue price of CAD 0.05 for gross proceeds of CAD 300,000 on February 24, 2026. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire an additional common share at a price of CAD 0.06 per common share for 1 year following closing of the offering and at a price of CAD 0.10 per common share for an additional 1 year thereafter. The corporation may pay commissions of 6% to qualified finders or agents and may issue broker warrants for up to 6% of the total number of units issued pursuant to the offering. Each broker warrant will entitle the holder to purchase a common share at a price of CAD 0.06 for a period of two (2) years from the date of closing of the offering. There is no minimum offering. The common shares, warrants and broker warrants that may be issued pursuant to the offering will be subject to a four month and one day hold period. Completion of the offering remains subject to the approval of the TSX Venture Exchange.お知らせ • Feb 13+ 2 more updatesLabrador Resources Inc. Appoints Jana Lillies as Additional Director, Effective February 11, 2026Labrador Resources Inc. announced that effective February 11, 2026, the Board appointed Jana Lillies as an additional director of the Company. Over the past 25 years, Ms. Lillies has been a director and officer of several CPCs and other listed companies on the TSX Venture. Ms. Lillies completed an Applied Bachelor of Business Administration Degree (Accounting) from Mount Royal University and holds a CGA, CPA designation. The appointment is subject to regulatory approval.お知らせ • Nov 18Labrador Resources Inc., Annual General Meeting, Jan 14, 2026Labrador Resources Inc., Annual General Meeting, Jan 14, 2026. Location: alberta, calgary CanadaBoard Change • Aug 15Less than half of directors are independentFollowing 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 John Aihoshi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jul 02Less than half of directors are independentFollowing 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 John Aihoshi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • May 29Less than half of directors are independentFollowing 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 John Aihoshi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • May 07Less than half of directors are independentFollowing 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 John Aihoshi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 21Less than half of directors are independentFollowing 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 John Aihoshi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Mar 29New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$81k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-CA$81k free cash flow). Shares are highly illiquid. Negative equity (-CA$87k). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$740.2k market cap, or US$517.0k).Board Change • Feb 07Less than half of directors are independentFollowing CEO & Director Ken DeWyn's arrival on 01 February 2025, 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 John Aihoshi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Feb 05Labrador Resources Inc. Announces Chief Executive Officer ChangesLabrador Resources Inc. announced the resignation of Mr. Kaan Camlioglu from the positions of Chief Executive Officer, effective February 1, 2025. The Company announced the appointment of Mr. Kenneth DeWyn to fill the vacancy. Mr. DeWyn is an independent business consultant and has significant experience with both publicly traded and private company governance issues, having served as a Director and/or Officer of many private and public companies over the past 30 years. Mr. DeWyn is currently a member of the Board of Lithium Chile Inc. and PetroFrontier Corp., both Calgary based companies listed on the TSX Venture Exchange.お知らせ • Feb 04Labrador Resources Inc. Announces Board ChangesLabrador Resources Inc. announced the resignation of Mr. Kaan Camlioglu from the positions of Director, effective February 1, 2025. The Company announced the appointment of Mr. Kenneth DeWyn to fill the vacancy. Mr. DeWyn is an independent business consultant and has significant experience with both publicly traded and private company governance issues, having served as a Director and/or Officer of many private and public companies over the past 30 years.Mr. DeWyn is currently a member of the Board of Lithium Chile Inc. and PetroFrontier Corp., both Calgary based companies listed on the TSX Venture Exchange.お知らせ • Feb 09Common Shares of Labrador Technologies to Be DelistedEffective at the opening, Feb. 9, 2023, the common shares of Labrador Resources Inc. will commence trading on the TSX Venture Exchange under the symbol LTX (no change) and the common shares of Labrador Technologies Inc. will be delisted. The TSX Venture Exchange has accepted for filing the company's change of business, which includes the acceptance of the arm's-length acquisition of petroleum and natural gas properties, consisting of a 51% interest in the land comprising Section 31-021-04W together with the seven wells situated thereon and a 50% interest in the land comprising Section 1-022-05W4 together with the one well situated thereon in the Atlee-Buffalo area of southeast-central Alberta, from Kasten Energy Inc. Consideration of $782,000 is to be paid for the assets, consisting of: (i) $200,000 in cash; (ii) a non-interest-bearing convertible debenture issued to Kasten Energy in the principal amount of $350,000 for a 24-month period, convertible at five cents in the first 12 months and 10 cents in the following 12 months; and (iii) a promissory note due to Kasten Energy for $232,000 at an interest rate of 7% per annum and due in two years.お知らせ • Feb 07Labrador Resources Inc. Appoints Jeffrey M. Graw as DirectorLabrador Resources Inc. (Formerly Labrador Technologies Inc.) announced that it has completed the previously announced transactions which collectively constitute the Corporation's change of business. Upon closing of the Change of Business, Jeffrey M. Graw was appointed a director of the Corporation.お知らせ • Nov 03Labrador Technologies Inc. announced that it expects to receive CAD 5.2 million in fundingLabrador Technologies Inc. announced a non-brokered private placement of 4,000,000 common shares at a price of CAD 0.05 per common shares for gross proceeds of CAD 200,000 and a minimum of 7,200,000 “flow-through” common shares and a maximum of 10,000,000 FT shares at a price of CAD 0.05 per flow-through common share for gross proceeds of a minimum of CAD 360,000 and a maximum of CAD 5,000,000 for minimum total proceeds of CAD 560,000 and maximum CAD 5,200,000 on November 2, 2022. The company may pay finders fees or commissions of up to 7% in respect of subscriptions brought by eligible finders or brokers.お知らせ • Apr 06Labrador Technologies Inc. announced that it expects to receive CAD 5.2 million in fundingLabrador Technologies Inc. announced a private placement of 4,444,444 common shares at a price of CAD 0.045 per common share for gross proceeds of up to CAD 200,000 and 100,000,000 flow-through common shares at a price of CAD 0.05 per flow-through common share for gross proceeds of up to CAD 5,000,000 on April 5, 2022. The transaction is subject to certain conditions including, but not limited, to closing conditions customary to transactions of the nature of the proposed transactions, approvals of regulatory bodies having jurisdiction in connection with the proposed transactions including the TSXV; and shareholder approval if required.Board Change • Feb 05Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director George Wilson was the last independent director to join the board, commencing their role in 1996. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Labrador Resources は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TSXV:LTX - アナリストの将来予測と過去の財務データ ( )CAD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数1/31/2026N/A000N/A10/31/2025N/A000N/A7/31/2025N/A000N/A4/30/2025N/A000N/A1/31/2025N/A000N/A10/31/2024N/A000N/A7/31/2024N/A000N/A4/30/2024N/A000N/A1/31/2024N/A0-10N/A10/31/2023N/A0-10N/A7/31/2023N/A0-10N/A4/30/2023N/A0-10N/A1/31/2023N/A000N/A10/31/2022N/A000N/A7/31/2022N/A000N/A4/30/2022N/A000N/A1/31/2022N/A000N/A10/31/2021N/A000N/A7/31/2021N/A000N/A4/30/2021N/A000N/A1/31/2021N/A000N/A10/31/2020N/A000N/A7/31/20200100N/A4/30/20200100N/A1/31/20200100N/A10/31/201900N/A0N/A7/31/201900N/A0N/A4/30/20190-1N/A0N/A1/31/20190-1N/A-1N/A10/31/20180-1N/A-1N/A7/31/20180-1N/A-1N/A4/30/201800N/A-1N/A1/31/201800N/A-1N/A10/31/201700N/A0N/A7/31/20170-1N/A0N/A4/30/20170-1N/A0N/A1/31/20170-1N/A0N/A10/31/20160-1N/A0N/A7/31/20160-1N/A0N/A4/30/20160-1N/A0N/A1/31/20160-1N/A0N/A10/31/20150-1N/A-1N/A7/31/20150-1N/A0N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: LTXの予測収益成長が 貯蓄率 ( 3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: LTXの収益がCanadian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: LTXの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: LTXの収益がCanadian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: LTXの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: LTXの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance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2026/05/22 19:14終値2026/05/20 00:00収益2026/01/31年間収益2025/10/31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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Labrador Resources Inc. 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。0
New Risk • Feb 25New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% 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 Shares are highly illiquid. Negative equity (-CA$229k). Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.47m market cap, or US$1.80m).
お知らせ • Feb 25Labrador Resources Inc. announced that it expects to receive CAD 0.3 million in fundingLabrador Resources Inc. announced a private placement to issue 6,000,000 units at an issue price of CAD 0.05 for gross proceeds of CAD 300,000 on February 24, 2026. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire an additional common share at a price of CAD 0.06 per common share for 1 year following closing of the offering and at a price of CAD 0.10 per common share for an additional 1 year thereafter. The corporation may pay commissions of 6% to qualified finders or agents and may issue broker warrants for up to 6% of the total number of units issued pursuant to the offering. Each broker warrant will entitle the holder to purchase a common share at a price of CAD 0.06 for a period of two (2) years from the date of closing of the offering. There is no minimum offering. The common shares, warrants and broker warrants that may be issued pursuant to the offering will be subject to a four month and one day hold period. Completion of the offering remains subject to the approval of the TSX Venture Exchange.
お知らせ • Feb 13+ 2 more updatesLabrador Resources Inc. Appoints Jana Lillies as Additional Director, Effective February 11, 2026Labrador Resources Inc. announced that effective February 11, 2026, the Board appointed Jana Lillies as an additional director of the Company. Over the past 25 years, Ms. Lillies has been a director and officer of several CPCs and other listed companies on the TSX Venture. Ms. Lillies completed an Applied Bachelor of Business Administration Degree (Accounting) from Mount Royal University and holds a CGA, CPA designation. The appointment is subject to regulatory approval.
お知らせ • Nov 18Labrador Resources Inc., Annual General Meeting, Jan 14, 2026Labrador Resources Inc., Annual General Meeting, Jan 14, 2026. Location: alberta, calgary Canada
Board Change • Aug 15Less than half of directors are independentFollowing 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 John Aihoshi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jul 02Less than half of directors are independentFollowing 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 John Aihoshi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • May 29Less than half of directors are independentFollowing 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 John Aihoshi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • May 07Less than half of directors are independentFollowing 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 John Aihoshi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 21Less than half of directors are independentFollowing 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 John Aihoshi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Mar 29New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$81k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-CA$81k free cash flow). Shares are highly illiquid. Negative equity (-CA$87k). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$740.2k market cap, or US$517.0k).
Board Change • Feb 07Less than half of directors are independentFollowing CEO & Director Ken DeWyn's arrival on 01 February 2025, 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 John Aihoshi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 05Labrador Resources Inc. Announces Chief Executive Officer ChangesLabrador Resources Inc. announced the resignation of Mr. Kaan Camlioglu from the positions of Chief Executive Officer, effective February 1, 2025. The Company announced the appointment of Mr. Kenneth DeWyn to fill the vacancy. Mr. DeWyn is an independent business consultant and has significant experience with both publicly traded and private company governance issues, having served as a Director and/or Officer of many private and public companies over the past 30 years. Mr. DeWyn is currently a member of the Board of Lithium Chile Inc. and PetroFrontier Corp., both Calgary based companies listed on the TSX Venture Exchange.
お知らせ • Feb 04Labrador Resources Inc. Announces Board ChangesLabrador Resources Inc. announced the resignation of Mr. Kaan Camlioglu from the positions of Director, effective February 1, 2025. The Company announced the appointment of Mr. Kenneth DeWyn to fill the vacancy. Mr. DeWyn is an independent business consultant and has significant experience with both publicly traded and private company governance issues, having served as a Director and/or Officer of many private and public companies over the past 30 years.Mr. DeWyn is currently a member of the Board of Lithium Chile Inc. and PetroFrontier Corp., both Calgary based companies listed on the TSX Venture Exchange.
お知らせ • Feb 09Common Shares of Labrador Technologies to Be DelistedEffective at the opening, Feb. 9, 2023, the common shares of Labrador Resources Inc. will commence trading on the TSX Venture Exchange under the symbol LTX (no change) and the common shares of Labrador Technologies Inc. will be delisted. The TSX Venture Exchange has accepted for filing the company's change of business, which includes the acceptance of the arm's-length acquisition of petroleum and natural gas properties, consisting of a 51% interest in the land comprising Section 31-021-04W together with the seven wells situated thereon and a 50% interest in the land comprising Section 1-022-05W4 together with the one well situated thereon in the Atlee-Buffalo area of southeast-central Alberta, from Kasten Energy Inc. Consideration of $782,000 is to be paid for the assets, consisting of: (i) $200,000 in cash; (ii) a non-interest-bearing convertible debenture issued to Kasten Energy in the principal amount of $350,000 for a 24-month period, convertible at five cents in the first 12 months and 10 cents in the following 12 months; and (iii) a promissory note due to Kasten Energy for $232,000 at an interest rate of 7% per annum and due in two years.
お知らせ • Feb 07Labrador Resources Inc. Appoints Jeffrey M. Graw as DirectorLabrador Resources Inc. (Formerly Labrador Technologies Inc.) announced that it has completed the previously announced transactions which collectively constitute the Corporation's change of business. Upon closing of the Change of Business, Jeffrey M. Graw was appointed a director of the Corporation.
お知らせ • Nov 03Labrador Technologies Inc. announced that it expects to receive CAD 5.2 million in fundingLabrador Technologies Inc. announced a non-brokered private placement of 4,000,000 common shares at a price of CAD 0.05 per common shares for gross proceeds of CAD 200,000 and a minimum of 7,200,000 “flow-through” common shares and a maximum of 10,000,000 FT shares at a price of CAD 0.05 per flow-through common share for gross proceeds of a minimum of CAD 360,000 and a maximum of CAD 5,000,000 for minimum total proceeds of CAD 560,000 and maximum CAD 5,200,000 on November 2, 2022. The company may pay finders fees or commissions of up to 7% in respect of subscriptions brought by eligible finders or brokers.
お知らせ • Apr 06Labrador Technologies Inc. announced that it expects to receive CAD 5.2 million in fundingLabrador Technologies Inc. announced a private placement of 4,444,444 common shares at a price of CAD 0.045 per common share for gross proceeds of up to CAD 200,000 and 100,000,000 flow-through common shares at a price of CAD 0.05 per flow-through common share for gross proceeds of up to CAD 5,000,000 on April 5, 2022. The transaction is subject to certain conditions including, but not limited, to closing conditions customary to transactions of the nature of the proposed transactions, approvals of regulatory bodies having jurisdiction in connection with the proposed transactions including the TSXV; and shareholder approval if required.
Board Change • Feb 05Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director George Wilson was the last independent director to join the board, commencing their role in 1996. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.