お知らせ • Jan 17
Argo Group Limited, Annual General Meeting, Feb 10, 2025 Argo Group Limited, Annual General Meeting, Feb 10, 2025. Location: the offices of appleby isle of man llc, 33 athol street, im1 1lb, douglas United Kingdom Reported Earnings • Aug 04
First half 2024 earnings released: EPS: US$0.056 (vs US$0.003 in 1H 2023) First half 2024 results: EPS: US$0.056 (up from US$0.003 in 1H 2023). Revenue: US$4.64m (up 207% from 1H 2023). Net income: US$2.17m (up US$2.05m from 1H 2023). Profit margin: 47% (up from 8.0% in 1H 2023). The increase in margin was driven by higher revenue. Reported Earnings • May 02
Full year 2023 earnings released: US$0.37 loss per share (vs US$0.087 loss in FY 2022) Full year 2023 results: US$0.37 loss per share (further deteriorated from US$0.087 loss in FY 2022). Revenue: US$3.05m (up 20% from FY 2022). Net loss: US$14.4m (loss widened 325% from FY 2022). New Risk • Mar 31
New major risk - Revenue and earnings growth Earnings have declined by 46% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (64% average weekly change). Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (€2.51m market cap, or US$2.70m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Revenue is less than US$5m (US$2.8m revenue). Buy Or Sell Opportunity • Mar 08
Now 21% undervalued Over the last 90 days, the stock has risen 143% to €0.017. The fair value is estimated to be €0.021, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Feb 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (61% average weekly change). Market cap is less than US$10m (€2.51m market cap, or US$2.71m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Revenue is less than US$5m (US$2.8m revenue). お知らせ • Sep 16
Argo Group Limited, Annual General Meeting, Oct 19, 2023 Argo Group Limited, Annual General Meeting, Oct 19, 2023, at 14:00 Coordinated Universal Time. Location: Appleby(Isle of Man) LLC, 33 Athol Street Isle Of Man United Kingdom Reported Earnings • Aug 14
First half 2023 earnings released: EPS: US$0.003 (vs US$0.091 loss in 1H 2022) First half 2023 results: EPS: US$0.003 (up from US$0.091 loss in 1H 2022). Revenue: US$1.51m (up 19% from 1H 2022). Net income: US$121.0k (up US$3.67m from 1H 2022). Profit margin: 8.0% (up from net loss in 1H 2022). New Risk • Jul 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 15% 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 (15% average weekly change). Earnings have declined by 60% per year over the past 5 years. Market cap is less than US$10m (€3.42m market cap, or US$3.75m). Minor Risk Revenue is less than US$5m (US$2.5m revenue). Reported Earnings • Apr 02
Full year 2022 earnings released: US$0.09 loss per share (vs US$0.008 profit in FY 2021) Full year 2022 results: US$0.09 loss per share (down from US$0.008 profit in FY 2021). Revenue: US$2.55m (down 42% from FY 2021). Net loss: US$3.40m (down US$3.70m from profit in FY 2021). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director David Fisher was the last director to join the board, commencing their role in 2008. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Sep 17
Argo Group Limited, Annual General Meeting, Oct 20, 2022 Argo Group Limited, Annual General Meeting, Oct 20, 2022, at 14:00 Coordinated Universal Time. Location: Appleby(Isle of Man) LLC, 33 Athol Street Douglas, Isle of Man, IM1 1LB Douglas United Kingdom Reported Earnings • Aug 14
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up US$201.0k from 1H 2021). Profit margin: (up from net loss in 1H 2021). Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director David Fisher was the last director to join the board, commencing their role in 2008. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Mar 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 29%. The fair value is estimated to be €0.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.9% over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Mar 03
Now 21% undervalued Over the last 90 days, the stock is up 2.3%. The fair value is estimated to be US$0.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 33% per annum over the last 3 years. The company has become profitable over the last year.