Board Change • May 20
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 Director Zenon Potoczny was the last 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: Insufficient board refreshment. お知らせ • Apr 17
Black Iron Inc., Annual General Meeting, Jun 11, 2026 Black Iron Inc., Annual General Meeting, Jun 11, 2026. お知らせ • Apr 07
Black Iron Inc. announced that it expects to receive CAD 2.36606 million in funding Black Iron Inc. announced a non-brokered private placement to issue 23,660,600 units at a price of CAD 0.10 per Unit for gross proceeds of CAD 2,366,060 on April 6, 2026. It is anticipated that the closing of the Offering will occur on or about April 20, 2026, or such other date or dates as the Company may determine. The Units issued to subscribers in the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws. Each Unit will consist of one common share and one common share purchase warrant.. Each Warrant will entitle the holder to purchase one common share of the Company at a price of CAD 0.20 per common share for a period of 36 months following the Closing Date. The completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Toronto Stock Exchange, and closing for minimum gross proceeds of approximately $1,200,000 (CAD 1,670,160). Finder's fees may be paid to eligible finders in accordance with the policies of the Toronto Stock Exchange, which may consist of a cash payment of up to 6.0% of the aggregate gross proceeds of the Units sold to investors introduced by such finders and (ii) non-transferable broker warrants equal to 6.0% of the aggregate number of Units issued by the Company to investors introduced by such finders (each, a "Broker Warrant"). Each Broker Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of CAD 0.20 for a period of 36 months from the Closing Date, subject to acceleration in certain circumstances. お知らせ • Apr 02
Black Iron Inc., Annual General Meeting, Jun 13, 2025 Black Iron Inc., Annual General Meeting, Jun 13, 2025. New Risk • Aug 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.12m (US$9.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-US$1.3m free cash flow). Share price has been highly volatile over the past 3 months (857% average daily change). Negative equity (-US$767k). Revenue is less than US$1m. Market cap is less than US$10m (€9.12m market cap, or US$9.96m). Board Change • Jun 02
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. 6 highly experienced directors. Independent Director Zenon Potoczny was the last 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: Insufficient board refreshment. New Risk • Apr 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.34m (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-US$1.2m free cash flow). Share price has been highly volatile over the past 3 months (90% average daily change). Negative equity (-US$154k). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€9.34m market cap, or US$9.93m). New Risk • Mar 08
New major risk - Negative shareholders equity The company has negative equity. Total equity: -US$154k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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 (-US$1.2m free cash flow). Share price has been highly volatile over the past 3 months (53% average daily change). Negative equity (-US$154k). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€10.3m market cap, or US$11.3m). New Risk • Nov 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.2m 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 (-US$1.2m free cash flow). Share price has been highly volatile over the past 3 months (39% average weekly change). Earnings have declined by 6.9% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€10.4m market cap, or US$11.1m). Recent Insider Transactions • May 22
Insider recently bought €66k worth of stock On the 19th of May, William Richards bought around 1m shares on-market at roughly €0.066 per share. In the last 3 months, they made an even bigger purchase worth €132k. Insiders have collectively bought €520k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 03
Insider recently bought €132k worth of stock On the 1st of March, William Richards bought around 2m shares on-market at roughly €0.088 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €472k more in shares than they have sold in the last 12 months. Breakeven Date Change • Jan 01
Forecast to breakeven in 2024 The analyst covering Black Iron expects the company to break even for the first time. New forecast suggests the company will make a profit of US$94.2m in 2024. Average annual earnings growth of 81% is required to achieve expected profit on schedule. Recent Insider Transactions • Oct 03
Insider recently bought €277k worth of stock On the 27th of September, William Richards bought around 1m shares on-market at roughly €0.27 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. Is New 90 Day High Low • Mar 01
New 90-day high: €0.26 The company is up 177% from its price of €0.094 on 01 December 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 56% over the same period. Is New 90 Day High Low • Jan 19
New 90-day high: €0.24 The company is up 332% from its price of €0.056 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 52% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: €0.21 The company is up 262% from its price of €0.059 on 06 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 45% over the same period. Is New 90 Day High Low • Dec 19
New 90-day high: €0.21 The company is up 203% from its price of €0.068 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 26% over the same period.