お知らせ • Dec 30
S.D. Standard ETC Plc to Report Fiscal Year 2025 Final Results on Jun 10, 2026 S.D. Standard ETC Plc announced that they will report fiscal year 2025 final results on Jun 10, 2026 お知らせ • Dec 29
S.D. Standard ETC Plc, Annual General Meeting, Jun 10, 2026 S.D. Standard ETC Plc, Annual General Meeting, Jun 10, 2026. お知らせ • May 21
S.D. Standard ETC Plc Announces Martin Nes Does Not Offer Himself for Re-Election S.D. Standard ETC Plc announced that the Director of the Company Mr. Martin Nes is retiring by rotation but being eligible for re-election does not offer himself for re-Election at the AGM to be held on June 11, 2025. お知らせ • Mar 05
Saga Pure ASA (OB:SAGA) acquired an additional 2.48% stake in S.D. Standard ETC Plc (OB:SDSD) for NOK 21.32 million. Saga Pure ASA (OB:SAGA) acquired an additional 2.48% stake in S.D. Standard ETC Plc (OB:SDSD) for NOK 21.32 million on March 4, 2025. A cash consideration valued at NOK 1.64 per share will be paid by Saga Pure ASA.
Saga Pure ASA (OB:SAGA) completed the acquisition of an additional 2.48% stake in S.D. Standard ETC Plc (OB:SDSD) on March 4, 2025. お知らせ • Dec 20
S.D. Standard ETC Plc, Annual General Meeting, Jun 04, 2025 S.D. Standard ETC Plc, Annual General Meeting, Jun 04, 2025. New Risk • Feb 16
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 64% Last year net profit margin: 94% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (64% net profit margin). Revenue is less than US$5m (US$4.1m revenue). Market cap is less than US$100m (€79.0m market cap, or US$85.0m). New Risk • Nov 11
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 40% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (40% accrual ratio). Minor Risk Market cap is less than US$100m (€85.7m market cap, or US$91.6m). New Risk • Aug 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 56% Last year net profit margin: 95% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (56% net profit margin). Market cap is less than US$100m (€86.3m market cap, or US$94.6m). Buying Opportunity • Apr 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 9.6%. The fair value is estimated to be €0.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 95% over the last 3 years. Earnings per share has grown by 97%. Buying Opportunity • Mar 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.4%. The fair value is estimated to be €0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 95% over the last 3 years. Earnings per share has grown by 97%. Board Change • Nov 21
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. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director George Crystallis was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 29
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. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director George Crystallis was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Feb 22
Head of investments recently bought €221k worth of stock On the 17th of February, Espen Fjermestad bought around 2m shares on-market at roughly €0.15 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.