View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsVelocys 過去の業績過去 基準チェック /06Velocysは32.2%の年平均成長率で業績を伸ばしているが、Energy Services業界はgrowingで49.2%毎年増加している。売上は成長しており、年平均21%の割合である。主要情報32.22%収益成長率72.72%EPS成長率Energy Services 業界の成長1.66%収益成長率21.02%株主資本利益率-124.84%ネット・マージン-6,807.09%前回の決算情報30 Jun 2023最近の業績更新Reported Earnings • Sep 21First half 2023 earnings released: UK£0.006 loss per share (vs UK£0.004 loss in 1H 2022)First half 2023 results: UK£0.006 loss per share (further deteriorated from UK£0.004 loss in 1H 2022). Net loss: UK£9.23m (loss widened 80% from 1H 2022). Revenue is forecast to grow 68% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.Reported Earnings • Jun 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: UK£0.009 loss per share (further deteriorated from UK£0.008 loss in FY 2021). Net loss: UK£13.2m (loss widened 56% from FY 2021). Revenue missed analyst estimates by 77%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.Reported Earnings • May 19Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: UK£0.009 loss per share (further deteriorated from UK£0.008 loss in FY 2021). Net loss: UK£13.2m (loss widened 56% from FY 2021). Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 22First half 2022 earnings released: UK£0.004 loss per share (vs UK£0.002 loss in 1H 2021)First half 2022 results: UK£0.004 loss per share (further deteriorated from UK£0.002 loss in 1H 2021). Net loss: UK£5.14m (loss widened 182% from 1H 2021). Revenue is forecast to grow 92% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: UK£0.008 loss per share (up from UK£0.011 loss in FY 2020). Revenue: UK£8.28m (up UK£8.11m from FY 2020). Net loss: UK£8.44m (loss narrowed 4.0% from FY 2020). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 8.2%. Over the next year, revenue is expected to shrink by 73% compared to a 4.5% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 26First half 2021 earnings released: UK£0.002 loss per share (vs UK£0.004 loss in 1H 2020)The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: UK£8.24m (up UK£8.06m from 1H 2020). Net loss: UK£1.83m (loss narrowed 33% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesお知らせ • Jan 18Velocys Announces Cancellation of Admission to Trading of Shares on AIM from 18 January 2024Further to the announcement made by Velocys on 17 January 2024 that the Court-sanctioned scheme of arrangement in relation to the recommended cash acquisition by Madison Bidco Limited of the entire issued and to be issued share capital of Velocys had become Effective, Velocys announced that, following an application to the London Stock Exchange, the admission to trading on AIM of Velocys Shares has been cancelled with effect from 7.00 a.m. 18 January 2024.お知らせ • Dec 06Velocys to Cancel of the Admission to Trading of its Shares on AIMThe boards of directors of Madison Bidco Limited (‘Bidco’) and Velocys plc (‘Velocys’) announced that they have reached agreement on the terms and conditions of a recommended cash acquisition by Bidco of the entire issued, and to be issued, ordinary share capital of Velocys. It is intended that the Acquisition will be implemented by way of a court-sanctioned scheme of arrangement under Part 26 of the 2006 Act. Velocys Shares are currently admitted to trading on the AIM. Applications will be made for the cancellation of the admission to trading of Velocys Shares on AIM and steps will be taken by Bidco following the Acquisition becoming Effective to re-register Velocys as a private company.New Risk • Oct 31New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: UK£4.79m (US$5.81m) 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 (-UK£14m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue is less than US$1m (UK£254k revenue, or US$308k). Market cap is less than US$10m (UK£4.79m market cap, or US$5.81m). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (UK£15m net loss in 3 years). Shareholders have been diluted in the past year (18% increase in shares outstanding).New Risk • Oct 20New 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 12% 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 (-UK£14m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (UK£254k revenue, or US$309k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (UK£15m net loss in 3 years). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (UK£19.5m market cap, or US$23.7m).Major Estimate Revision • Sep 28Consensus revenue estimates decrease by 68%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from UK£1.62m to UK£510.0k. EPS estimate increased from -UK£0.011 to -UK£0.01 per share. Energy Services industry in the United Kingdom expected to see average net income growth of 23% next year. Consensus price target of UK£0.19 unchanged from last update. Share price fell 12% to UK£0.011 over the past week.お知らせ • Sep 21Velocys plc Provides Financial Guidance for the Year 2023 and 2024Velocys plc provided financial guidance for the year 2023 and 2024. Financial results for the full year 2023 are expected to trend in line with results reported for first half with an increase in revenue expected to be seen in 2024 following completion of the project funding and as the pipeline crystallises.Reported Earnings • Sep 21First half 2023 earnings released: UK£0.006 loss per share (vs UK£0.004 loss in 1H 2022)First half 2023 results: UK£0.006 loss per share (further deteriorated from UK£0.004 loss in 1H 2022). Net loss: UK£9.23m (loss widened 80% from 1H 2022). Revenue is forecast to grow 68% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.New Risk • Jul 26New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -UK£21m 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 (-UK£21m free cash flow). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Revenue is less than US$1m (UK£241k revenue, or US$312k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (UK£16m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (UK£27.2m market cap, or US$35.2m).Reported Earnings • Jun 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: UK£0.009 loss per share (further deteriorated from UK£0.008 loss in FY 2021). Net loss: UK£13.2m (loss widened 56% from FY 2021). Revenue missed analyst estimates by 77%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.New Risk • Jun 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% 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 (-UK£21m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings are forecast to decline by an average of 2.6% per year for the foreseeable future. Revenue is less than US$1m (UK£241k revenue, or US$302k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (UK£16m net loss in 3 years). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (UK£37.9m market cap, or US$47.6m).Reported Earnings • May 19Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: UK£0.009 loss per share (further deteriorated from UK£0.008 loss in FY 2021). Net loss: UK£13.2m (loss widened 56% from FY 2021). Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.お知らせ • May 19+ 1 more updateVelocys plc, Annual General Meeting, Jun 08, 2023Velocys plc, Annual General Meeting, Jun 08, 2023, at 09:30 Coordinated Universal Time. Location: Magdalen Centre, Robert Robinson Avenue, The Oxford Science Park, Oxford OX4 4GA Oxfordshsire United Kingdom分析記事 • Mar 16We're A Little Worried About Velocys' (LON:VLS) Cash Burn RateJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...Price Target Changed • Nov 16Price target increased to UK£0.37Up from UK£0.15, the current price target is provided by 1 analyst. New target price is 647% above last closing price of UK£0.05. Stock is down 57% over the past year. The company is forecast to post a net loss per share of UK£0.0095 next year compared to a net loss per share of UK£0.0078 last year.分析記事 • Oct 22Does This Valuation Of Velocys plc (LON:VLS) Imply Investors Are Overpaying?Today we will run through one way of estimating the intrinsic value of Velocys plc ( LON:VLS ) by taking the forecast...Major Estimate Revision • Sep 28Consensus revenue estimates fall by 82%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from UK£2.20m to UK£400.0k. Forecast losses increased from -UK£0.01 to -UK£0.01 per share. Energy Services industry in the United Kingdom expected to see average net income growth of 12% next year. Consensus price target of UK£0.37 unchanged from last update. Share price fell 10% to UK£0.048 over the past week.Reported Earnings • Sep 22First half 2022 earnings released: UK£0.004 loss per share (vs UK£0.002 loss in 1H 2021)First half 2022 results: UK£0.004 loss per share (further deteriorated from UK£0.002 loss in 1H 2021). Net loss: UK£5.14m (loss widened 182% from 1H 2021). Revenue is forecast to grow 92% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 10We're Not Very Worried About Velocys' (LON:VLS) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, although...Board Change • Jun 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Tom Quigley was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • May 19Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: UK£0.008 loss per share (up from UK£0.011 loss in FY 2020). Revenue: UK£8.28m (up UK£8.11m from FY 2020). Net loss: UK£8.44m (loss narrowed 4.0% from FY 2020). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 8.2%. Over the next year, revenue is expected to shrink by 73% compared to a 4.5% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to UK£0.37Up from UK£0.15, the current price target is an average from 2 analysts. New target price is 535% above last closing price of UK£0.058. Stock is down 9.5% over the past year. The company is forecast to post a net loss per share of UK£0.0085 next year compared to a net loss per share of UK£0.011 last year.Board Change • Dec 31High number of new directorsIndependent Non-Executive Director Tom Quigley was the last director to join the board, commencing their role in 2021.Major Estimate Revision • Dec 16Consensus revenue estimates fall by 15%The consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from UK£9.93m to UK£8.40m. Forecast losses increased from -UK£0.01 to -UK£0.01 per share. Energy Services industry in the United Kingdom expected to see average net income growth of 8.0% next year. Consensus price target of UK£0.37 unchanged from last update. Share price fell 11% to UK£0.071 over the past week.Board Change • Nov 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. CFO & Executive Director Andrew James Morris is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Executive Departure • Oct 07Senior Independent Director Sandra Nan Shaw has left the companyOn the 30th of September, Sandra Nan Shaw's tenure as Senior Independent Director ended after 1.8 years in the role. As of June 2021, Sandra Nan still personally held only 551.09k shares (UK£29k worth at the time). Sandra Nan is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.75 years.Reported Earnings • Sep 26First half 2021 earnings released: UK£0.002 loss per share (vs UK£0.004 loss in 1H 2020)The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: UK£8.24m (up UK£8.06m from 1H 2020). Net loss: UK£1.83m (loss narrowed 33% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 18Full year 2020 earnings released: UK£0.01 loss per share (vs UK£0.019 loss in FY 2019)Full year 2020 results: Net loss: UK£8.80m (loss narrowed 8.5% from FY 2019). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.分析記事 • Dec 04What Kind Of Shareholders Own Velocys plc (LON:VLS)?A look at the shareholders of Velocys plc ( LON:VLS ) can tell us which group is most powerful. Insiders often own a...Reported Earnings • Sep 19First half earnings releasedOver the last 12 months the company has reported total losses of UK£7.96m, with losses narrowing by 21% from the prior year.収支内訳Velocys の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史AIM:VLS 収益、費用、利益 ( )GBP Millions日付収益収益G+A経費研究開発費30 Jun 230-1724031 Mar 230-1519031 Dec 220-1315030 Sep 220-1216030 Jun 220-1215031 Mar 224-1014031 Dec 218-812030 Sep 218-811030 Jun 218-811031 Mar 214-89031 Dec 200-98030 Sep 200-87030 Jun 200-86031 Mar 200-97031 Dec 190-109030 Sep 190-1010030 Jun 190-1012031 Mar 190-2015031 Dec 181-3118030 Sep 181-5015630 Jun 181-69121131 Mar 181-62121131 Dec 171-55111130 Sep 171-3591130 Jun 171-1571031 Mar 171-1471031 Dec 161-1371030 Sep 162-1411930 Jun 162-1516731 Mar 162-18141031 Dec 152-20121330 Sep 151-22131230 Jun 15-1-24151231 Mar 150-23141131 Dec 140-22131130 Sep 142-21121130 Jun 144-20111131 Mar 144-18101131 Dec 135-1791030 Sep 135-158930 Jun 136-137831 Mar 137-1278質の高い収益: VLSは現在利益が出ていません。利益率の向上: VLSは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: VLSは利益を出していないが、過去 5 年間で年間32.2%の割合で損失を削減してきた。成長の加速: VLSの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: VLSは利益が出ていないため、過去 1 年間の収益成長をEnergy Services業界 ( 32% ) と比較することは困難です。株主資本利益率高いROE: VLSは現在利益が出ていないため、自己資本利益率 ( -124.84% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YEnergy 、過去の業績が好調な企業。View Financial Health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2024/01/18 05:03終値2024/01/17 00:00収益2023/06/30年間収益2022/12/31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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Velocys plc 3 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。6 アナリスト機関Alexander BrooksCanaccord GenuityCharanjit SinghHSBCGiacomo RomeoMacquarie Research3 その他のアナリストを表示
Reported Earnings • Sep 21First half 2023 earnings released: UK£0.006 loss per share (vs UK£0.004 loss in 1H 2022)First half 2023 results: UK£0.006 loss per share (further deteriorated from UK£0.004 loss in 1H 2022). Net loss: UK£9.23m (loss widened 80% from 1H 2022). Revenue is forecast to grow 68% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
Reported Earnings • Jun 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: UK£0.009 loss per share (further deteriorated from UK£0.008 loss in FY 2021). Net loss: UK£13.2m (loss widened 56% from FY 2021). Revenue missed analyst estimates by 77%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.
Reported Earnings • May 19Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: UK£0.009 loss per share (further deteriorated from UK£0.008 loss in FY 2021). Net loss: UK£13.2m (loss widened 56% from FY 2021). Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 22First half 2022 earnings released: UK£0.004 loss per share (vs UK£0.002 loss in 1H 2021)First half 2022 results: UK£0.004 loss per share (further deteriorated from UK£0.002 loss in 1H 2021). Net loss: UK£5.14m (loss widened 182% from 1H 2021). Revenue is forecast to grow 92% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: UK£0.008 loss per share (up from UK£0.011 loss in FY 2020). Revenue: UK£8.28m (up UK£8.11m from FY 2020). Net loss: UK£8.44m (loss narrowed 4.0% from FY 2020). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 8.2%. Over the next year, revenue is expected to shrink by 73% compared to a 4.5% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 26First half 2021 earnings released: UK£0.002 loss per share (vs UK£0.004 loss in 1H 2020)The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: UK£8.24m (up UK£8.06m from 1H 2020). Net loss: UK£1.83m (loss narrowed 33% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 18Velocys Announces Cancellation of Admission to Trading of Shares on AIM from 18 January 2024Further to the announcement made by Velocys on 17 January 2024 that the Court-sanctioned scheme of arrangement in relation to the recommended cash acquisition by Madison Bidco Limited of the entire issued and to be issued share capital of Velocys had become Effective, Velocys announced that, following an application to the London Stock Exchange, the admission to trading on AIM of Velocys Shares has been cancelled with effect from 7.00 a.m. 18 January 2024.
お知らせ • Dec 06Velocys to Cancel of the Admission to Trading of its Shares on AIMThe boards of directors of Madison Bidco Limited (‘Bidco’) and Velocys plc (‘Velocys’) announced that they have reached agreement on the terms and conditions of a recommended cash acquisition by Bidco of the entire issued, and to be issued, ordinary share capital of Velocys. It is intended that the Acquisition will be implemented by way of a court-sanctioned scheme of arrangement under Part 26 of the 2006 Act. Velocys Shares are currently admitted to trading on the AIM. Applications will be made for the cancellation of the admission to trading of Velocys Shares on AIM and steps will be taken by Bidco following the Acquisition becoming Effective to re-register Velocys as a private company.
New Risk • Oct 31New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: UK£4.79m (US$5.81m) 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 (-UK£14m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue is less than US$1m (UK£254k revenue, or US$308k). Market cap is less than US$10m (UK£4.79m market cap, or US$5.81m). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (UK£15m net loss in 3 years). Shareholders have been diluted in the past year (18% increase in shares outstanding).
New Risk • Oct 20New 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 12% 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 (-UK£14m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (UK£254k revenue, or US$309k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (UK£15m net loss in 3 years). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (UK£19.5m market cap, or US$23.7m).
Major Estimate Revision • Sep 28Consensus revenue estimates decrease by 68%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from UK£1.62m to UK£510.0k. EPS estimate increased from -UK£0.011 to -UK£0.01 per share. Energy Services industry in the United Kingdom expected to see average net income growth of 23% next year. Consensus price target of UK£0.19 unchanged from last update. Share price fell 12% to UK£0.011 over the past week.
お知らせ • Sep 21Velocys plc Provides Financial Guidance for the Year 2023 and 2024Velocys plc provided financial guidance for the year 2023 and 2024. Financial results for the full year 2023 are expected to trend in line with results reported for first half with an increase in revenue expected to be seen in 2024 following completion of the project funding and as the pipeline crystallises.
Reported Earnings • Sep 21First half 2023 earnings released: UK£0.006 loss per share (vs UK£0.004 loss in 1H 2022)First half 2023 results: UK£0.006 loss per share (further deteriorated from UK£0.004 loss in 1H 2022). Net loss: UK£9.23m (loss widened 80% from 1H 2022). Revenue is forecast to grow 68% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
New Risk • Jul 26New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -UK£21m 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 (-UK£21m free cash flow). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Revenue is less than US$1m (UK£241k revenue, or US$312k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (UK£16m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (UK£27.2m market cap, or US$35.2m).
Reported Earnings • Jun 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: UK£0.009 loss per share (further deteriorated from UK£0.008 loss in FY 2021). Net loss: UK£13.2m (loss widened 56% from FY 2021). Revenue missed analyst estimates by 77%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.
New Risk • Jun 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% 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 (-UK£21m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings are forecast to decline by an average of 2.6% per year for the foreseeable future. Revenue is less than US$1m (UK£241k revenue, or US$302k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (UK£16m net loss in 3 years). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (UK£37.9m market cap, or US$47.6m).
Reported Earnings • May 19Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: UK£0.009 loss per share (further deteriorated from UK£0.008 loss in FY 2021). Net loss: UK£13.2m (loss widened 56% from FY 2021). Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
お知らせ • May 19+ 1 more updateVelocys plc, Annual General Meeting, Jun 08, 2023Velocys plc, Annual General Meeting, Jun 08, 2023, at 09:30 Coordinated Universal Time. Location: Magdalen Centre, Robert Robinson Avenue, The Oxford Science Park, Oxford OX4 4GA Oxfordshsire United Kingdom
分析記事 • Mar 16We're A Little Worried About Velocys' (LON:VLS) Cash Burn RateJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Price Target Changed • Nov 16Price target increased to UK£0.37Up from UK£0.15, the current price target is provided by 1 analyst. New target price is 647% above last closing price of UK£0.05. Stock is down 57% over the past year. The company is forecast to post a net loss per share of UK£0.0095 next year compared to a net loss per share of UK£0.0078 last year.
分析記事 • Oct 22Does This Valuation Of Velocys plc (LON:VLS) Imply Investors Are Overpaying?Today we will run through one way of estimating the intrinsic value of Velocys plc ( LON:VLS ) by taking the forecast...
Major Estimate Revision • Sep 28Consensus revenue estimates fall by 82%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from UK£2.20m to UK£400.0k. Forecast losses increased from -UK£0.01 to -UK£0.01 per share. Energy Services industry in the United Kingdom expected to see average net income growth of 12% next year. Consensus price target of UK£0.37 unchanged from last update. Share price fell 10% to UK£0.048 over the past week.
Reported Earnings • Sep 22First half 2022 earnings released: UK£0.004 loss per share (vs UK£0.002 loss in 1H 2021)First half 2022 results: UK£0.004 loss per share (further deteriorated from UK£0.002 loss in 1H 2021). Net loss: UK£5.14m (loss widened 182% from 1H 2021). Revenue is forecast to grow 92% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 10We're Not Very Worried About Velocys' (LON:VLS) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, although...
Board Change • Jun 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Tom Quigley was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 19Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: UK£0.008 loss per share (up from UK£0.011 loss in FY 2020). Revenue: UK£8.28m (up UK£8.11m from FY 2020). Net loss: UK£8.44m (loss narrowed 4.0% from FY 2020). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 8.2%. Over the next year, revenue is expected to shrink by 73% compared to a 4.5% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to UK£0.37Up from UK£0.15, the current price target is an average from 2 analysts. New target price is 535% above last closing price of UK£0.058. Stock is down 9.5% over the past year. The company is forecast to post a net loss per share of UK£0.0085 next year compared to a net loss per share of UK£0.011 last year.
Board Change • Dec 31High number of new directorsIndependent Non-Executive Director Tom Quigley was the last director to join the board, commencing their role in 2021.
Major Estimate Revision • Dec 16Consensus revenue estimates fall by 15%The consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from UK£9.93m to UK£8.40m. Forecast losses increased from -UK£0.01 to -UK£0.01 per share. Energy Services industry in the United Kingdom expected to see average net income growth of 8.0% next year. Consensus price target of UK£0.37 unchanged from last update. Share price fell 11% to UK£0.071 over the past week.
Board Change • Nov 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. CFO & Executive Director Andrew James Morris is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Executive Departure • Oct 07Senior Independent Director Sandra Nan Shaw has left the companyOn the 30th of September, Sandra Nan Shaw's tenure as Senior Independent Director ended after 1.8 years in the role. As of June 2021, Sandra Nan still personally held only 551.09k shares (UK£29k worth at the time). Sandra Nan is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.75 years.
Reported Earnings • Sep 26First half 2021 earnings released: UK£0.002 loss per share (vs UK£0.004 loss in 1H 2020)The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: UK£8.24m (up UK£8.06m from 1H 2020). Net loss: UK£1.83m (loss narrowed 33% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 18Full year 2020 earnings released: UK£0.01 loss per share (vs UK£0.019 loss in FY 2019)Full year 2020 results: Net loss: UK£8.80m (loss narrowed 8.5% from FY 2019). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
分析記事 • Dec 04What Kind Of Shareholders Own Velocys plc (LON:VLS)?A look at the shareholders of Velocys plc ( LON:VLS ) can tell us which group is most powerful. Insiders often own a...
Reported Earnings • Sep 19First half earnings releasedOver the last 12 months the company has reported total losses of UK£7.96m, with losses narrowing by 21% from the prior year.