New Risk • Apr 03
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: -UK£468k 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£468k free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 8.1% per year over the past 5 years. Market cap is less than US$10m (UK£364.7k market cap, or US$477.1k). New Risk • Apr 01
New major risk - Share price stability The 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 8.1% per year over the past 5 years. Market cap is less than US$10m (UK£1.17m market cap, or US$1.51m). お知らせ • Sep 02
Samarkand Group Plc, Annual General Meeting, Sep 26, 2024 Samarkand Group Plc, Annual General Meeting, Sep 26, 2024. Location: unit 13 tonbridge trade park, ingot way, tn9 1gn, tonbridge United Kingdom Reported Earnings • Aug 15
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: UK£0.081 loss per share (in line with FY 2023). Revenue: UK£16.9m (down 3.2% from FY 2023). Net loss: UK£4.76m (loss widened 4.1% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%. New Risk • Jun 28
New minor risk - Financial data availability The 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 Share price has been highly volatile over the past 3 months (29% average weekly change). Market cap is less than US$10m (UK£2.33m market cap, or US$2.95m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Currently unprofitable and not forecast to become profitable next year (UK£2.0m net loss next year). Major Estimate Revision • Dec 12
Consensus revenue estimates decrease by 18%, EPS upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from UK£21.4m to UK£17.5m. EPS estimate increased from -UK£0.009 to -UK£0.001 per share. Multiline Retail industry in the United Kingdom expected to see average net income growth of 22% next year. Consensus price target down from UK£2.00 to UK£0.90. Share price fell 22% to UK£0.035 over the past week. Price Target Changed • Dec 11
Price target decreased by 58% to UK£0.90 Down from UK£2.14, the current price target is provided by 1 analyst. New target price is 2,471% above last closing price of UK£0.035. Stock is down 93% over the past year. The company is forecast to post a net loss per share of UK£0.009 next year compared to a net loss per share of UK£0.081 last year. New Risk • Nov 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£5.84m (US$7.12m) 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Market cap is less than US$10m (UK£5.84m market cap, or US$7.12m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-UK£3.5m). Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Reported Earnings • Sep 03
Full year 2023 earnings released: UK£0.078 loss per share (vs UK£0.14 loss in FY 2022) Full year 2023 results: UK£0.078 loss per share (improved from UK£0.14 loss in FY 2022). Revenue: UK£17.5m (up 5.4% from FY 2022). Net loss: UK£4.57m (loss narrowed 40% from FY 2022). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Multiline Retail industry in Europe. お知らせ • Sep 03
Samarkand Group Plc, Annual General Meeting, Sep 27, 2023 Samarkand Group Plc, Annual General Meeting, Sep 27, 2023, at 12:00 Coordinated Universal Time. Location: the offices of VSA Capital at Park House, 16-18 Finsbury Circus, London EC2M 7EB London. United Kingdom Board Change • Jul 10
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Co-Founder, COO & Director Simon Smiley is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Chairperson Tanith Dodge was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. 