View Financial HealthExmar 配当と自社株買い配当金 基準チェック /46Exmarは配当を支払う会社で、現在の利回りは7.72%ですが、利益によって十分にカバーされています。次の支払い日は 27th May, 2026で、権利落ち日は25th May, 2026 。主要情報7.7%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回り7.7%配当成長10.6%次回配当支払日27 May 26配当落ち日25 May 26一株当たり配当金n/a配当性向51%最近の配当と自社株買いの更新Upcoming Dividend • May 20Upcoming dividend of €0.66 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 58%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.1%).Upcoming Dividend • Oct 26Upcoming dividend of €4.08 per shareEligible shareholders must have bought the stock before 02 November 2023. Payment date: 06 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 79%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.7%).すべての更新を表示Recent updatesBoard Change • May 20Less 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. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Els Verbraecken 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.お知らせ • Jan 03Exmar NV to Report First Half, 2026 Results on Sep 04, 2026Exmar NV announced that they will report first half, 2026 results on Sep 04, 2026Board Change • Dec 30Less 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. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Els Verbraecken 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.お知らせ • Apr 18Exmar NV, Annual General Meeting, May 20, 2025Exmar NV, Annual General Meeting, May 20, 2025, at 14:30 Romance Standard Time.お知らせ • Mar 28+ 3 more updatesExmar NV to Report Fiscal Year 2025 Final Results on Apr 16, 2026Exmar NV announced that they will report fiscal year 2025 final results on Apr 16, 2026Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: US$0.21 (vs US$0.32 in 3Q 2023)Third quarter 2024 results: EPS: US$0.21 (down from US$0.32 in 3Q 2023). Revenue: US$84.8m (down 42% from 3Q 2023). Net income: US$12.4m (down 33% from 3Q 2023). Profit margin: 15% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses.Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Sep 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 55% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 114% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (25% net profit margin).Reported Earnings • Sep 08Second quarter 2024 earnings released: EPS: US$0.81 (vs US$0.031 in 2Q 2023)Second quarter 2024 results: EPS: US$0.81 (up from US$0.031 in 2Q 2023). Revenue: US$86.6m (down 36% from 2Q 2023). Net income: US$47.5m (up US$45.7m from 2Q 2023). Profit margin: 55% (up from 1.3% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to fall by 84% p.a. on average during the next 2 years compared to a 1.2% decline forecast for the Oil and Gas industry in Europe.Reported Earnings • May 21First quarter 2024 earnings released: EPS: US$0.38 (vs US$0.34 in 1Q 2023)First quarter 2024 results: EPS: US$0.38 (up from US$0.34 in 1Q 2023). Revenue: US$128.4m (up 95% from 1Q 2023). Net income: US$22.0m (up 15% from 1Q 2023). Profit margin: 17% (down from 29% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 80% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat.Upcoming Dividend • May 20Upcoming dividend of €0.66 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 58%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.1%).Reported Earnings • Mar 27Full year 2023 earnings released: EPS: US$1.25 (vs US$5.60 in FY 2022)Full year 2023 results: EPS: US$1.25 (down from US$5.60 in FY 2022). Revenue: US$492.2m (up 216% from FY 2022). Net income: US$72.0m (down 78% from FY 2022). Profit margin: 15% (down from 206% in FY 2022). Revenue is forecast to decline by 70% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat.お知らせ • Jan 12+ 1 more updateExmar NV to Report Q3, 2024 Results on Nov 08, 2024Exmar NV announced that they will report Q3, 2024 results on Nov 08, 2024Reported Earnings • Nov 13Third quarter 2023 earnings released: EPS: US$0.32 (vs US$5.38 in 3Q 2022)Third quarter 2023 results: EPS: US$0.32 (down from US$5.38 in 3Q 2022). Revenue: US$145.2m (up 277% from 3Q 2022). Net income: US$18.4m (down 94% from 3Q 2022). Profit margin: 13% (down from 799% in 3Q 2022). Revenue is expected to decline by 38% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 3.6%.New Risk • Nov 03New 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 German stocks, typically moving 10% 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 (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Dividend per share is over 25x cash flows per share. Earnings are forecast to decline by an average of 101% per year for the foreseeable future. High level of non-cash earnings (50% accrual ratio).Upcoming Dividend • Oct 26Upcoming dividend of €4.08 per shareEligible shareholders must have bought the stock before 02 November 2023. Payment date: 06 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 79%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.7%).お知らせ • Oct 10+ 3 more updatesExmar NV to Report Fiscal Year 2023 Final Results on Apr 18, 2024Exmar NV announced that they will report fiscal year 2023 final results on Apr 18, 2024Reported Earnings • Sep 11Second quarter 2023 earnings released: EPS: US$0.032 (vs US$0.30 in 2Q 2022)Second quarter 2023 results: EPS: US$0.032 (down from US$0.30 in 2Q 2022). Revenue: US$135.3m (up 313% from 2Q 2022). Net income: US$1.79m (down 90% from 2Q 2022). Profit margin: 1.3% (down from 53% in 2Q 2022). Revenue is expected to decline by 24% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.9%.お知らせ • Aug 30Exmar NV to Report Q1, 2024 Results on May 16, 2024Exmar NV announced that they will report Q1, 2024 results on May 16, 2024Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 32%After last week's 32% share price gain to €11.22, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 5x in the Oil and Gas industry in Europe.Reported Earnings • Mar 29Full year 2022 earnings released: EPS: US$5.60 (vs US$0.20 in FY 2021)Full year 2022 results: EPS: US$5.60 (up from US$0.20 in FY 2021). Revenue: US$476.8m (up 222% from FY 2021). Net income: US$320.3m (up US$308.7m from FY 2021). Profit margin: 67% (up from 7.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 35% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 4.4%.Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Maryam Ayati 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.お知らせ • Sep 29+ 3 more updatesExmar NV to Report First Half, 2023 Results on Sep 08, 2023Exmar NV announced that they will report first half, 2023 results on Sep 08, 2023Reported Earnings • Sep 11Second quarter 2022 earnings released: EPS: US$0.31 (vs US$0.61 in 2Q 2021)Second quarter 2022 results: EPS: US$0.31 (down from US$0.61 in 2Q 2021). Revenue: US$35.3m (down 53% from 2Q 2021). Net income: US$17.3m (down 50% from 2Q 2021). Profit margin: 49% (up from 47% in 2Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Oil and Gas industry in Germany.Board Change • Aug 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Maryam Ayati 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.配当金の支払いについて今日May 22 2026配当落ち日May 25 2026配当支払日May 27 20262 days 配当落ちから次の2 days 、次の配当を受け取るために購入する。決済の安定と成長配当データの取得安定した配当: 1EXの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 1EXの配当金は過去10年間にわたって増加しています。配当利回り対市場Exmar 配当利回り対市場1EX 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 (1EX)7.7%市場下位25% (DE)1.5%市場トップ25% (DE)4.5%業界平均 (Oil and Gas)4.4%アナリスト予想 (1EX) (最長3年)7.7%注目すべき配当: 1EXの配当金 ( 7.72% ) はGerman市場の配当金支払者の下位 25% ( 1.51% ) よりも高くなっています。高配当: 1EXの配当金 ( 7.72% ) はGerman市場 ( 4.51% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 1EXの配当金は、合理的な 配当性向 ( 51.2% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: 1EXは高い 現金配当性向 ( 111.5% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。高配当企業の発掘7D1Y7D1Y7D1YDE 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2026/05/22 02:02終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31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Exmar NV 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。6 アナリスト機関David VagmanBNP ParibasJunior CuigniezDegroof PetercamMartin BørterDNB Carnegie3 その他のアナリストを表示
Upcoming Dividend • May 20Upcoming dividend of €0.66 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 58%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.1%).
Upcoming Dividend • Oct 26Upcoming dividend of €4.08 per shareEligible shareholders must have bought the stock before 02 November 2023. Payment date: 06 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 79%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.7%).
Board Change • May 20Less 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. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Els Verbraecken 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.
お知らせ • Jan 03Exmar NV to Report First Half, 2026 Results on Sep 04, 2026Exmar NV announced that they will report first half, 2026 results on Sep 04, 2026
Board Change • Dec 30Less 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. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Els Verbraecken 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.
お知らせ • Apr 18Exmar NV, Annual General Meeting, May 20, 2025Exmar NV, Annual General Meeting, May 20, 2025, at 14:30 Romance Standard Time.
お知らせ • Mar 28+ 3 more updatesExmar NV to Report Fiscal Year 2025 Final Results on Apr 16, 2026Exmar NV announced that they will report fiscal year 2025 final results on Apr 16, 2026
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: US$0.21 (vs US$0.32 in 3Q 2023)Third quarter 2024 results: EPS: US$0.21 (down from US$0.32 in 3Q 2023). Revenue: US$84.8m (down 42% from 3Q 2023). Net income: US$12.4m (down 33% from 3Q 2023). Profit margin: 15% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses.
Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Sep 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 55% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 114% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (25% net profit margin).
Reported Earnings • Sep 08Second quarter 2024 earnings released: EPS: US$0.81 (vs US$0.031 in 2Q 2023)Second quarter 2024 results: EPS: US$0.81 (up from US$0.031 in 2Q 2023). Revenue: US$86.6m (down 36% from 2Q 2023). Net income: US$47.5m (up US$45.7m from 2Q 2023). Profit margin: 55% (up from 1.3% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to fall by 84% p.a. on average during the next 2 years compared to a 1.2% decline forecast for the Oil and Gas industry in Europe.
Reported Earnings • May 21First quarter 2024 earnings released: EPS: US$0.38 (vs US$0.34 in 1Q 2023)First quarter 2024 results: EPS: US$0.38 (up from US$0.34 in 1Q 2023). Revenue: US$128.4m (up 95% from 1Q 2023). Net income: US$22.0m (up 15% from 1Q 2023). Profit margin: 17% (down from 29% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 80% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat.
Upcoming Dividend • May 20Upcoming dividend of €0.66 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 58%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.1%).
Reported Earnings • Mar 27Full year 2023 earnings released: EPS: US$1.25 (vs US$5.60 in FY 2022)Full year 2023 results: EPS: US$1.25 (down from US$5.60 in FY 2022). Revenue: US$492.2m (up 216% from FY 2022). Net income: US$72.0m (down 78% from FY 2022). Profit margin: 15% (down from 206% in FY 2022). Revenue is forecast to decline by 70% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat.
お知らせ • Jan 12+ 1 more updateExmar NV to Report Q3, 2024 Results on Nov 08, 2024Exmar NV announced that they will report Q3, 2024 results on Nov 08, 2024
Reported Earnings • Nov 13Third quarter 2023 earnings released: EPS: US$0.32 (vs US$5.38 in 3Q 2022)Third quarter 2023 results: EPS: US$0.32 (down from US$5.38 in 3Q 2022). Revenue: US$145.2m (up 277% from 3Q 2022). Net income: US$18.4m (down 94% from 3Q 2022). Profit margin: 13% (down from 799% in 3Q 2022). Revenue is expected to decline by 38% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 3.6%.
New Risk • Nov 03New 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 German stocks, typically moving 10% 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 (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Dividend per share is over 25x cash flows per share. Earnings are forecast to decline by an average of 101% per year for the foreseeable future. High level of non-cash earnings (50% accrual ratio).
Upcoming Dividend • Oct 26Upcoming dividend of €4.08 per shareEligible shareholders must have bought the stock before 02 November 2023. Payment date: 06 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 79%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.7%).
お知らせ • Oct 10+ 3 more updatesExmar NV to Report Fiscal Year 2023 Final Results on Apr 18, 2024Exmar NV announced that they will report fiscal year 2023 final results on Apr 18, 2024
Reported Earnings • Sep 11Second quarter 2023 earnings released: EPS: US$0.032 (vs US$0.30 in 2Q 2022)Second quarter 2023 results: EPS: US$0.032 (down from US$0.30 in 2Q 2022). Revenue: US$135.3m (up 313% from 2Q 2022). Net income: US$1.79m (down 90% from 2Q 2022). Profit margin: 1.3% (down from 53% in 2Q 2022). Revenue is expected to decline by 24% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.9%.
お知らせ • Aug 30Exmar NV to Report Q1, 2024 Results on May 16, 2024Exmar NV announced that they will report Q1, 2024 results on May 16, 2024
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 32%After last week's 32% share price gain to €11.22, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 5x in the Oil and Gas industry in Europe.
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: US$5.60 (vs US$0.20 in FY 2021)Full year 2022 results: EPS: US$5.60 (up from US$0.20 in FY 2021). Revenue: US$476.8m (up 222% from FY 2021). Net income: US$320.3m (up US$308.7m from FY 2021). Profit margin: 67% (up from 7.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 35% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 4.4%.
Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Maryam Ayati 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.
お知らせ • Sep 29+ 3 more updatesExmar NV to Report First Half, 2023 Results on Sep 08, 2023Exmar NV announced that they will report first half, 2023 results on Sep 08, 2023
Reported Earnings • Sep 11Second quarter 2022 earnings released: EPS: US$0.31 (vs US$0.61 in 2Q 2021)Second quarter 2022 results: EPS: US$0.31 (down from US$0.61 in 2Q 2021). Revenue: US$35.3m (down 53% from 2Q 2021). Net income: US$17.3m (down 50% from 2Q 2021). Profit margin: 49% (up from 47% in 2Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Oil and Gas industry in Germany.
Board Change • Aug 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Maryam Ayati 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.