Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Senior Independent Non-Executive Director & Company Secretary David Mathewson was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 27
First half 2022 earnings released: UK£0.071 loss per share (vs UK£0.032 loss in 1H 2021) First half 2022 results: UK£0.071 loss per share (further deteriorated from UK£0.032 loss in 1H 2021). Revenue: UK£2.77m (down 7.9% from 1H 2021). Net loss: UK£715.0k (loss widened 121% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 09
Full year 2021 earnings released: UK£0.053 loss per share (vs UK£0.027 loss in FY 2020) Full year 2021 results: UK£0.053 loss per share (down from UK£0.027 loss in FY 2020). Revenue: UK£6.14m (up 8.5% from FY 2020). Net loss: UK£527.0k (loss widened 96% from FY 2020). Over the next year, revenue is forecast to grow 14%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman & Company Secretary David Mathewson was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 24
First half 2021 earnings released: UK£0.032 loss per share (vs UK£0.032 loss in 1H 2020) The company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: UK£3.01m (up 15% from 1H 2020). Net loss: UK£323.0k (loss widened 1.9% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 01
Full year 2020 earnings released: UK£0.027 loss per share (vs UK£0.085 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: UK£5.66m (down 4.1% from FY 2019). Net loss: UK£269.0k (loss narrowed 65% from FY 2019). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 25
Full year 2020 earnings released: UK£0.027 loss per share (vs UK£0.085 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: UK£5.66m (down 4.1% from FY 2019). Net loss: UK£269.0k (loss narrowed 65% from FY 2019). Is New 90 Day High Low • Feb 06
New 90-day high: €0.77 The company is up 11% from its price of €0.69 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 9.0% over the same period. Is New 90 Day High Low • Jan 21
New 90-day high: €0.76 The company is up 19% from its price of €0.64 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 12% over the same period. Is New 90 Day High Low • Nov 25
New 90-day high: €0.70 The company is up 20% from its price of €0.58 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 16% over the same period. Reported Earnings • Sep 25
First half earnings released Over the last 12 months the company has reported total losses of UK£547.0k, with losses narrowing by 45% from the prior year. Total revenue was UK£5.88m over the last 12 months, up 9.5% from the prior year.