View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsEnteq Technologies 将来の成長Future 基準チェック /06現在、 Enteq Technologiesの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Energy Services 収益成長25.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Breakeven Date Change • Sep 30Forecast to breakeven in 2027The analyst covering Enteq Technologies expects the company to break even for the first time. New forecast suggests the company will make a profit of US$1.20m in 2027. Average annual earnings growth of 54% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesNew Risk • Jan 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 46% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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$6.7m free cash flow). Share price has been highly volatile over the past 3 months (31% average weekly change). Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Revenue is less than US$1m (US$25k revenue). Market cap is less than US$10m (UK£1.70m market cap, or US$2.08m).Buy Or Sell Opportunity • Jan 07Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to UK£0.031. The fair value is estimated to be UK£0.039, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 91% over the last 3 years. Earnings per share has declined by 32%. Revenue is forecast to grow by 24,737% in 2 years. Earnings are forecast to grow by 77% in the next 2 years.New Risk • Oct 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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$5.2m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (UK£3.39m market cap, or US$4.50m). Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding).Breakeven Date Change • Sep 30Forecast to breakeven in 2027The analyst covering Enteq Technologies expects the company to break even for the first time. New forecast suggests the company will make a profit of US$1.20m in 2027. Average annual earnings growth of 54% is required to achieve expected profit on schedule.New Risk • Sep 25New 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 British stocks, typically moving 13% 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 Less than 1 year of cash runway based on free cash flow trend (-US$5.2m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (UK£3.58m market cap, or US$4.77m).お知らせ • Aug 21Enteq Technologies Plc, Annual General Meeting, Sep 25, 2024Enteq Technologies Plc, Annual General Meeting, Sep 25, 2024. Location: the offices of cavendish capital markets, 1 bartholomew close, ec1a 7bl, london United KingdomNew Risk • Jun 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (UK£5.55m market cap, or US$7.08m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end).お知らせ • May 25+ 1 more updateEnteq Technologies plc Announces Resignation of Mark Ritchie as DirectorEnteq Technologies plc announced the appointment of Amir Absoud as Head of Finance, on a contractual arrangement, who will commence his role on 24 May 2024, succeeding the current CFO Mark Ritchie. Amir is a Fellow of the Institute of Chartered Accountants in England and Wales and holds an Economics Degree from the London School of Economics. Amir has experience from PwC in London, working with companies quoted on AIM. Amir held senior finance roles at oilfield and energy services companies in the UK and internationally. Amir has over two decades of experience working with small and large businesses to design, set up and manage finance and tax functions, implementing systems and offering strategic, commercial and tax advice. Amir is the founder and director of Upstreamly Ltd, a firm of Chartered Accountants focused on energy companies, with offices in London and Aberdeen. Upstreamly will be providing Enteq with accounting, tax, compliance and advisory services, and with Amir's services as Head of Finance. As Head of Finance, Amir will be an advisor and observer to the Board. Mark joined the Board in June 2023 and will remain with the Company as a Director until 31 May 2024 and as an employee until late June 2024 to ensure an orderly handover of responsibilities.お知らせ • Feb 14Enteq Technologies plc Provides Update on the Progress of the SABER ToolEnteq Technologies plc provided an update on the progress of the SABER Tool (Steer-At-Bit Enteq Rotary) technology. Commercialisation highlights: The Company has a customer contract in place, as previously announced, which includes a first phase of customer testing. Customer testing, in Australia, is expected to commence in this financial year to 31 March 2024 (FY24). A purchase order has been received and US$100,000 is expected from the customer in H1FY25 for future commercial services. Commercial services in FY25 would commence following successful customer testing. An advanced shipment of SABER equipment (all heavy equipment for the initial kit) to Australia has left Enteq's facility in Houston. The build programme for further equipment is progressing as planned. Technical progress: The recently recruited Engineering Director has consolidated performance and production improvements. Further flow loop testing at an independent facility in Houston simulating typical drilling conditions validated design and performance specifications. Market introduction: A customer technology demonstration coupled with follow-up downhole drilling testing programme, at the Catoosa, USA test site, has been scheduled before the end of March 2024. Customers have been invited to witness the SABER technology being deployed in active drilling conditions. Introduction of new branding and website refresh.New Risk • Nov 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.1% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (UK£8.24m market cap, or US$10.2m).お知らせ • Oct 10Enteq Technologies Plc Appoints David William Macneill as Independent Non-Executive DirectorEnteq Technologies Plc announced the appointment of David William MacNeill as an independent non-executive director with immediate effect. David MacNeill brings over 30 years' knowledge in the international energy sector with extensive experience across drilling businesses. David has a background in directional drilling, with direct exposure to rotary steerable system development and operations. David has held executive roles in multinational and independent companies and resides in Dubai, UAE. Age: 56. Current directorships and/or partnerships: DWA Consultants (FZCO) and Spector Pipe Services Ltd. Historic directorships and/or partnerships (within the last five years): Thomas Energy Services Holding Inc., Thomas Energy Services LLC, TriAxon Energy Inc, Wellbore Integrity Solutions Canada Inc., Wellbore Integrity Solutions Guyana Inc., Wellbore Integrity Solutions Holdings LP, Wellbore Integrity Solutions Intermediate Holdings LLC, Wellbore Integrity Solutions LLC (USA incorporated), Wellbore Integrity Solutions LLC (Oman incorporated), Wellbore Integrity Solutions Parent Inc., Wellbore Integrity Solutions South Africa Pty. Ltd., Wellbore Integrity Solutions Trinidad Ltd. and WIS Global Resources Limited.お知らせ • Sep 29Enteq Technologies plc Announces Retirement of Iain Paterson as Non-Executive DirectorEnteq announced a change in the Board composition. Iain Paterson who has served as a Non-Executive Director and, for an earlier period, as Chairman of Enteq, will retire from the Board of Enteq on September 29, 2023. Iain has been a Director since the admission of Enteq to trading on AIM in 2011 and has provided extensive industry and public company guidance. A new Board appointment is intended to be made of an individual with direct and relevant experience to the RSS and Directional Drilling sector on which Enteq is now focused.お知らせ • Sep 06Enteq Technologies Plc, Annual General Meeting, Sep 29, 2023Enteq Technologies Plc, Annual General Meeting, Sep 29, 2023, at 10:00 Coordinated Universal Time. Location: finnCap Group plc, 1 Bartholomew Close London United KingdomBoard Change • Aug 15Less than half of directors are independentFollowing 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. Senior Independent Director Neil Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Aug 10Enteq Technologies plc Provides Update Following Downhole Drilling Testing in North America for SABER System Field Trial UpdateEnteq Technologies plc provided an update following downhole drilling testing in North America for this game-changing alternative to traditional Rotary Steerable Systems (RSS), the SABER Tool ("SABER"). The SABER system met test objectives during extensive drilling, successfully generating steering forces to change the direction of the well at angles typically expected by the industry for many applications. Delivery of this performance confirms in the Directors' belief the technical ability of the SABER system to provide a competitive commercial solution. An independent survey was taken to validate the changes in trajectory. Successful completion of this testing in an operational test environment progresses the technology readiness level of SABER. Enteq will continue working with strategic regional industry partners to operate the SABER system, intending to conduct customer trials in a commercial environment, whilst continuing to engineer further performance enhancements identified during testing. SABER, Enteq's novel steering solution has the potential to disrupt the Rotary Steerable Systems market (greater than $2 bn p.a.) within the drilling industry with the potential for new levels of performance, both commercial and technical, for operators and service companies. With its ability to operate in high pressure and high temperature environment, SABER is suitable for use in geothermal drilling and methane capture, positioning it to support the energy transition. Equally, it is intended that SABER will offer significant advantages to oil and gas operators, reducing operating costs and improving overall cost of ownership.お知らせ • Jun 01Enteq Technologies plc Announces CFO ChangesEnteq Technologies Plc announced the appointment of Mark Ritchie as Chief Financial Officer, who will commence his role on 16 June 2023, succeeding the current CFO David Steel. Mark Ritchie is an associate member of the Chartered Institute of Management Accountants and has over 20 years' financial experience, ten years of which have been spent in Board level roles in private equity backed businesses. He most recently held the role of Finance and Support Services Director at Richard Irvin FM Limited and prior to that he was Group Finance and IT Director of ICR Integrity Limited. He has extensive strategic financial, commercial, M&A and successful business transformation experience with a track record of international expansion and business growth. David joined the Company in October 2012 shortly after Enteq was admitted to AIM in 2011 and has served as a director of the Company since June 2014. David will remain with the Company until the end of July 2023 to ensure an orderly handover of responsibilities.お知らせ • Feb 15Enteq Technologies plc Completes Preliminary Live Drilling Testing for SABER in Hard Rock Environment at Test-Site in NorwayEnteq Technologies plc announced that it has completed the preliminary live drilling testing for SABER in a hard rock environment at a test-site in Norway. The tool drilled over 100m through granite, demonstrating functionality of key elements of the system and confirming that the critical flow diverter can operate effectively to generate differential pressure and maintain a constant steering angle. Further valuable feedback on the tool performance was gained from this testing programme identifying as expected, some minor engineering changes for implementation prior to commercialisation. This encouraging performance has given the green light to proceed to additional directional drilling testing which is scheduled in North America and then customer field trials.Reported Earnings • Nov 17First half 2023 earnings released: US$0.011 loss per share (vs US$0.018 loss in 1H 2022)First half 2023 results: US$0.011 loss per share (improved from US$0.018 loss in 1H 2022). Revenue: US$4.91m (up 112% from 1H 2022). Net loss: US$766.0k (loss narrowed 36% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentFollowing 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. Senior Independent Director Neil Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 07Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: US$0.011 loss per share (up from US$0.017 loss in FY 2021). Revenue: US$7.31m (up 44% from FY 2021). Net loss: US$787.0k (loss narrowed 29% from FY 2021). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Over the next year, revenue is forecast to grow 37%, compared to a 3.6% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentFollowing 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. 4 non-independent directors. Senior Independent Director Neil Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 21First half 2022 earnings released: US$0.018 loss per share (vs US$0.011 loss in 1H 2021)The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2022 results: Revenue: US$2.32m (down 11% from 1H 2021). Net loss: US$1.21m (loss widened 65% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Reported Earnings • Jul 09Full year 2021 earnings released: US$0.017 loss per share (vs US$0.12 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: US$5.08m (down 53% from FY 2020). Net loss: US$1.11m (loss narrowed 86% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.分析記事 • Mar 05Need To Know: Enteq Upstream Plc (LON:NTQ) Insiders Have Been Buying SharesWe've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...分析記事 • Nov 20Andrew Law Is The Commercial Director & Director of Enteq Upstream Plc (LON:NTQ) And They Just Picked Up 292% More SharesWhilst it may not be a huge deal, we thought it was good to see that the Enteq Upstream Plc (LON:NTQ) Commercial...Recent Insider Transactions • Nov 19Commercial Director & Director recently bought UK£55k worth of stockOn the 12th of November, Andrew Law bought around 446k shares on-market at roughly UK£0.12 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought UK£76k more in shares than they have sold in the last 12 months. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Enteq Technologies は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測AIM:NTQ - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数9/30/20240-3-7-4N/A6/30/20240-3-6-4N/A3/31/2024N/A-3-5-3N/A9/30/2023-5-213N/A6/30/2023-2-102N/A3/31/2023N/A-1-21N/A9/30/20223-1-4-1N/A6/30/20221-1-4-1N/A3/31/2022N/A-2-3-1N/A12/31/20216-1-4-2N/A9/30/20215-2-4-2N/A6/30/20215-1-3-2N/A3/31/20215-1-3-1N/A12/31/20206-5-3-1N/A9/30/20207-8-2-1N/A6/30/20209-8-20N/A3/31/202011-8-20N/A12/31/201912-4-21N/A9/30/2019130-22N/A6/30/2019110-32N/A3/31/2019100-41N/A12/31/201890-41N/A9/30/20188-1-41N/A6/30/20187-1N/A2N/A3/31/20186-1N/A3N/A12/31/20176-1N/A1N/A9/30/201770N/A0N/A6/30/20176-1N/A0N/A3/31/20175-1N/A0N/A12/31/20164-3N/A1N/A9/30/20164-4N/A1N/A6/30/20165-5N/A1N/A3/31/20166-5N/A1N/A12/31/20157-26N/A2N/A9/30/20158-46N/A3N/A6/30/201513-47N/A1N/A3/31/201519-47N/A-1N/A12/31/201423-29N/A-3N/A9/30/201428-11N/A-5N/A6/30/201426-11N/A-4N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: NTQの予測収益成長が 貯蓄率 ( 2.5% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: NTQの収益がUK市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: NTQの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: NTQの収益がUK市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: NTQの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: NTQの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance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2025/06/02 23:29終値2025/05/01 00:00収益2024/09/30年間収益2024/03/31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Enteq Technologies Plc 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。2 アナリスト機関David BuxtonCavendishThomas RandsInvestec Bank plc (UK)
Breakeven Date Change • Sep 30Forecast to breakeven in 2027The analyst covering Enteq Technologies expects the company to break even for the first time. New forecast suggests the company will make a profit of US$1.20m in 2027. Average annual earnings growth of 54% is required to achieve expected profit on schedule.
New Risk • Jan 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 46% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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$6.7m free cash flow). Share price has been highly volatile over the past 3 months (31% average weekly change). Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Revenue is less than US$1m (US$25k revenue). Market cap is less than US$10m (UK£1.70m market cap, or US$2.08m).
Buy Or Sell Opportunity • Jan 07Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to UK£0.031. The fair value is estimated to be UK£0.039, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 91% over the last 3 years. Earnings per share has declined by 32%. Revenue is forecast to grow by 24,737% in 2 years. Earnings are forecast to grow by 77% in the next 2 years.
New Risk • Oct 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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$5.2m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (UK£3.39m market cap, or US$4.50m). Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding).
Breakeven Date Change • Sep 30Forecast to breakeven in 2027The analyst covering Enteq Technologies expects the company to break even for the first time. New forecast suggests the company will make a profit of US$1.20m in 2027. Average annual earnings growth of 54% is required to achieve expected profit on schedule.
New Risk • Sep 25New 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 British stocks, typically moving 13% 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 Less than 1 year of cash runway based on free cash flow trend (-US$5.2m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (UK£3.58m market cap, or US$4.77m).
お知らせ • Aug 21Enteq Technologies Plc, Annual General Meeting, Sep 25, 2024Enteq Technologies Plc, Annual General Meeting, Sep 25, 2024. Location: the offices of cavendish capital markets, 1 bartholomew close, ec1a 7bl, london United Kingdom
New Risk • Jun 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (UK£5.55m market cap, or US$7.08m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end).
お知らせ • May 25+ 1 more updateEnteq Technologies plc Announces Resignation of Mark Ritchie as DirectorEnteq Technologies plc announced the appointment of Amir Absoud as Head of Finance, on a contractual arrangement, who will commence his role on 24 May 2024, succeeding the current CFO Mark Ritchie. Amir is a Fellow of the Institute of Chartered Accountants in England and Wales and holds an Economics Degree from the London School of Economics. Amir has experience from PwC in London, working with companies quoted on AIM. Amir held senior finance roles at oilfield and energy services companies in the UK and internationally. Amir has over two decades of experience working with small and large businesses to design, set up and manage finance and tax functions, implementing systems and offering strategic, commercial and tax advice. Amir is the founder and director of Upstreamly Ltd, a firm of Chartered Accountants focused on energy companies, with offices in London and Aberdeen. Upstreamly will be providing Enteq with accounting, tax, compliance and advisory services, and with Amir's services as Head of Finance. As Head of Finance, Amir will be an advisor and observer to the Board. Mark joined the Board in June 2023 and will remain with the Company as a Director until 31 May 2024 and as an employee until late June 2024 to ensure an orderly handover of responsibilities.
お知らせ • Feb 14Enteq Technologies plc Provides Update on the Progress of the SABER ToolEnteq Technologies plc provided an update on the progress of the SABER Tool (Steer-At-Bit Enteq Rotary) technology. Commercialisation highlights: The Company has a customer contract in place, as previously announced, which includes a first phase of customer testing. Customer testing, in Australia, is expected to commence in this financial year to 31 March 2024 (FY24). A purchase order has been received and US$100,000 is expected from the customer in H1FY25 for future commercial services. Commercial services in FY25 would commence following successful customer testing. An advanced shipment of SABER equipment (all heavy equipment for the initial kit) to Australia has left Enteq's facility in Houston. The build programme for further equipment is progressing as planned. Technical progress: The recently recruited Engineering Director has consolidated performance and production improvements. Further flow loop testing at an independent facility in Houston simulating typical drilling conditions validated design and performance specifications. Market introduction: A customer technology demonstration coupled with follow-up downhole drilling testing programme, at the Catoosa, USA test site, has been scheduled before the end of March 2024. Customers have been invited to witness the SABER technology being deployed in active drilling conditions. Introduction of new branding and website refresh.
New Risk • Nov 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.1% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (UK£8.24m market cap, or US$10.2m).
お知らせ • Oct 10Enteq Technologies Plc Appoints David William Macneill as Independent Non-Executive DirectorEnteq Technologies Plc announced the appointment of David William MacNeill as an independent non-executive director with immediate effect. David MacNeill brings over 30 years' knowledge in the international energy sector with extensive experience across drilling businesses. David has a background in directional drilling, with direct exposure to rotary steerable system development and operations. David has held executive roles in multinational and independent companies and resides in Dubai, UAE. Age: 56. Current directorships and/or partnerships: DWA Consultants (FZCO) and Spector Pipe Services Ltd. Historic directorships and/or partnerships (within the last five years): Thomas Energy Services Holding Inc., Thomas Energy Services LLC, TriAxon Energy Inc, Wellbore Integrity Solutions Canada Inc., Wellbore Integrity Solutions Guyana Inc., Wellbore Integrity Solutions Holdings LP, Wellbore Integrity Solutions Intermediate Holdings LLC, Wellbore Integrity Solutions LLC (USA incorporated), Wellbore Integrity Solutions LLC (Oman incorporated), Wellbore Integrity Solutions Parent Inc., Wellbore Integrity Solutions South Africa Pty. Ltd., Wellbore Integrity Solutions Trinidad Ltd. and WIS Global Resources Limited.
お知らせ • Sep 29Enteq Technologies plc Announces Retirement of Iain Paterson as Non-Executive DirectorEnteq announced a change in the Board composition. Iain Paterson who has served as a Non-Executive Director and, for an earlier period, as Chairman of Enteq, will retire from the Board of Enteq on September 29, 2023. Iain has been a Director since the admission of Enteq to trading on AIM in 2011 and has provided extensive industry and public company guidance. A new Board appointment is intended to be made of an individual with direct and relevant experience to the RSS and Directional Drilling sector on which Enteq is now focused.
お知らせ • Sep 06Enteq Technologies Plc, Annual General Meeting, Sep 29, 2023Enteq Technologies Plc, Annual General Meeting, Sep 29, 2023, at 10:00 Coordinated Universal Time. Location: finnCap Group plc, 1 Bartholomew Close London United Kingdom
Board Change • Aug 15Less than half of directors are independentFollowing 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. Senior Independent Director Neil Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 10Enteq Technologies plc Provides Update Following Downhole Drilling Testing in North America for SABER System Field Trial UpdateEnteq Technologies plc provided an update following downhole drilling testing in North America for this game-changing alternative to traditional Rotary Steerable Systems (RSS), the SABER Tool ("SABER"). The SABER system met test objectives during extensive drilling, successfully generating steering forces to change the direction of the well at angles typically expected by the industry for many applications. Delivery of this performance confirms in the Directors' belief the technical ability of the SABER system to provide a competitive commercial solution. An independent survey was taken to validate the changes in trajectory. Successful completion of this testing in an operational test environment progresses the technology readiness level of SABER. Enteq will continue working with strategic regional industry partners to operate the SABER system, intending to conduct customer trials in a commercial environment, whilst continuing to engineer further performance enhancements identified during testing. SABER, Enteq's novel steering solution has the potential to disrupt the Rotary Steerable Systems market (greater than $2 bn p.a.) within the drilling industry with the potential for new levels of performance, both commercial and technical, for operators and service companies. With its ability to operate in high pressure and high temperature environment, SABER is suitable for use in geothermal drilling and methane capture, positioning it to support the energy transition. Equally, it is intended that SABER will offer significant advantages to oil and gas operators, reducing operating costs and improving overall cost of ownership.
お知らせ • Jun 01Enteq Technologies plc Announces CFO ChangesEnteq Technologies Plc announced the appointment of Mark Ritchie as Chief Financial Officer, who will commence his role on 16 June 2023, succeeding the current CFO David Steel. Mark Ritchie is an associate member of the Chartered Institute of Management Accountants and has over 20 years' financial experience, ten years of which have been spent in Board level roles in private equity backed businesses. He most recently held the role of Finance and Support Services Director at Richard Irvin FM Limited and prior to that he was Group Finance and IT Director of ICR Integrity Limited. He has extensive strategic financial, commercial, M&A and successful business transformation experience with a track record of international expansion and business growth. David joined the Company in October 2012 shortly after Enteq was admitted to AIM in 2011 and has served as a director of the Company since June 2014. David will remain with the Company until the end of July 2023 to ensure an orderly handover of responsibilities.
お知らせ • Feb 15Enteq Technologies plc Completes Preliminary Live Drilling Testing for SABER in Hard Rock Environment at Test-Site in NorwayEnteq Technologies plc announced that it has completed the preliminary live drilling testing for SABER in a hard rock environment at a test-site in Norway. The tool drilled over 100m through granite, demonstrating functionality of key elements of the system and confirming that the critical flow diverter can operate effectively to generate differential pressure and maintain a constant steering angle. Further valuable feedback on the tool performance was gained from this testing programme identifying as expected, some minor engineering changes for implementation prior to commercialisation. This encouraging performance has given the green light to proceed to additional directional drilling testing which is scheduled in North America and then customer field trials.
Reported Earnings • Nov 17First half 2023 earnings released: US$0.011 loss per share (vs US$0.018 loss in 1H 2022)First half 2023 results: US$0.011 loss per share (improved from US$0.018 loss in 1H 2022). Revenue: US$4.91m (up 112% from 1H 2022). Net loss: US$766.0k (loss narrowed 36% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentFollowing 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. Senior Independent Director Neil Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 07Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: US$0.011 loss per share (up from US$0.017 loss in FY 2021). Revenue: US$7.31m (up 44% from FY 2021). Net loss: US$787.0k (loss narrowed 29% from FY 2021). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Over the next year, revenue is forecast to grow 37%, compared to a 3.6% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentFollowing 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. 4 non-independent directors. Senior Independent Director Neil Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 21First half 2022 earnings released: US$0.018 loss per share (vs US$0.011 loss in 1H 2021)The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2022 results: Revenue: US$2.32m (down 11% from 1H 2021). Net loss: US$1.21m (loss widened 65% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jul 09Full year 2021 earnings released: US$0.017 loss per share (vs US$0.12 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: US$5.08m (down 53% from FY 2020). Net loss: US$1.11m (loss narrowed 86% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
分析記事 • Mar 05Need To Know: Enteq Upstream Plc (LON:NTQ) Insiders Have Been Buying SharesWe've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
分析記事 • Nov 20Andrew Law Is The Commercial Director & Director of Enteq Upstream Plc (LON:NTQ) And They Just Picked Up 292% More SharesWhilst it may not be a huge deal, we thought it was good to see that the Enteq Upstream Plc (LON:NTQ) Commercial...
Recent Insider Transactions • Nov 19Commercial Director & Director recently bought UK£55k worth of stockOn the 12th of November, Andrew Law bought around 446k shares on-market at roughly UK£0.12 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought UK£76k more in shares than they have sold in the last 12 months.