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. 9 experienced directors. No highly experienced directors. Independent Director Killian Ruby was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. お知らせ • Jan 30
NEXE Innovations Inc. Announces Resignation of Haytham Hodaly from Board of Directors NEXE Innovations Inc. announced that Mr. Haytham Hodaly, who joined the Board of Directors in December 2020, has submitted his resignation from the board in order to focus on his promotion to President of Wheaton Precious Metals Corp. The Board noted Mr. Hodaly’s contributions and service during his tenure, including his support during the period in which the Company became a publicly listed issuer and transitioned from a R&D, pre-revenue company to a company with a commercialized BPI-certified compostable coffee pod. お知らせ • Jan 19
NEXE Innovations Inc., Annual General Meeting, Mar 26, 2026 NEXE Innovations Inc., Annual General Meeting, Mar 26, 2026. お知らせ • Sep 24
NEXE Innovations Inc. Announces Expansion of Its Product Offering Through the Launch of Four New Coffee SKUs NEXE Innovations Inc. announced the expansion of its product offering through the launch of four new coffee SKUs in partnership with a leading North American distributor specializing in office coffee services (OCS) and retail channels. Since initiating this collaboration in February 2025, NEXE has been fulfilling recurring orders, indicating consistent customer engagement. For this new launch, NEXE has produced the first SKU, a seasonal pumpkin-flavored coffee pod. The Company has produced and distributed six pallets of this SKU across the U.S. and Canadian markets. We are currently developing three additional SKUs: decaf, vanilla, and bananas foster, which we expect to introduce in the near term. The Company and its distribution partner are planning to expand the product offering with at least ten additional SKUs over the coming months. In parallel, NEXE is engaged in advanced discussions with potential new partners to explore further distribution opportunities, which the Company believes will position it for broader market access. Board Change • Dec 30
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. 10 experienced directors. No highly experienced directors. Independent Director Haytham Hodaly was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 01
First quarter 2025 earnings released: EPS: CA$0.024 (vs CA$0.021 loss in 1Q 2024) First quarter 2025 results: EPS: CA$0.024 (up from CA$0.021 loss in 1Q 2024). Net income: CA$2.29m (up CA$4.33m from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 02
Full year 2024 earnings released: CA$0.067 loss per share (vs CA$0.063 loss in FY 2023) Full year 2024 results: CA$0.067 loss per share (further deteriorated from CA$0.063 loss in FY 2023). Net loss: CA$6.53m (loss widened 6.4% from FY 2023). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • May 02
Third quarter 2024 earnings released: CA$0.012 loss per share (vs CA$0.013 loss in 3Q 2023) Third quarter 2024 results: CA$0.012 loss per share (improved from CA$0.013 loss in 3Q 2023). Net loss: CA$1.14m (loss narrowed 9.3% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. New Risk • Jan 30
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: -CA$5.3m 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$5.3m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 10% per year over the past 5 years. Revenue is less than US$1m (CA$135k revenue, or US$101k). Minor Risk Market cap is less than US$100m (€16.7m market cap, or US$18.1m). Reported Earnings • Jan 30
Second quarter 2024 earnings released: CA$0.017 loss per share (vs CA$0.004 loss in 2Q 2023) Second quarter 2024 results: CA$0.017 loss per share (further deteriorated from CA$0.004 loss in 2Q 2023). Net loss: CA$1.61m (loss widened 360% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. New Risk • Nov 01
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: -CA$7.6m 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$7.6m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m (CA$111k revenue, or US$80k). Minor Risk Market cap is less than US$100m (€18.6m market cap, or US$19.6m). お知らせ • Sep 29
NEXE Innovations Inc., Annual General Meeting, Nov 29, 2023 NEXE Innovations Inc., Annual General Meeting, Nov 29, 2023. Board Change • Jul 26
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Member of the Advisory Board Paul Bhogal is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.