View Past Performancet42 IoT Tracking Solutions バランスシートの健全性財務の健全性 基準チェック /26t42 IoT Tracking Solutionsの総株主資本は$-2.9M 、総負債は$3.8Mで、負債比率は-130.8%となります。総資産と総負債はそれぞれ$3.8Mと$6.8Mです。 t42 IoT Tracking Solutionsの EBIT は$372.0Kで、利息カバレッジ比率0.6です。現金および短期投資は$571.0Kです。主要情報-130.76%負債資本比率US$3.84m負債インタレスト・カバレッジ・レシオ0.6x現金US$571.00kエクイティ-US$2.94m負債合計US$6.75m総資産US$3.81m財務の健全性に関する最新情報分析記事 • Oct 04Is t42 IoT Tracking Solutions (LON:TRAC) Using Debt Sensibly?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Jun 21Does t42 IoT Tracking Solutions (LON:TRAC) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Mar 06We Think t42 IoT Tracking Solutions (LON:TRAC) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Oct 23We Think Starcom (LON:STAR) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Mar 31Here's Why Starcom (LON:STAR) Can Afford Some DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...すべての更新を表示Recent updatesReported Earnings • Apr 14Full year 2025 earnings released: US$0.009 loss per share (vs US$0.032 loss in FY 2024)Full year 2025 results: US$0.009 loss per share (improved from US$0.032 loss in FY 2024). Revenue: US$6.10m (up 47% from FY 2024). Net loss: US$576.0k (loss narrowed 67% from FY 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Apr 13T42 IoT Tracking Solutions plc Announces Board and Board Committee Changes, Effective June 30, 2026T42 IoT Tracking Solutions PLC announced that Martin Blair has served the board of directors as a non-executive director for a number of years and has agreed to step down as a director with effect from June 30, 2026. Martin will also relinquish his role as chairman of the audit committee and will be succeeded by Igor at the end of June 2026. The Audit Committee consists of the non-executive directors, Martin Blair and Michael Rosenberg, and is chaired by Martin Blair. Members of the Remuneration Committee comprise Michael Rosenberg, who acts as chairman of the committee, with Martin Blair as a member.New Risk • Mar 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 (19% average weekly change). Negative equity (-US$3.3m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (UK£1.90m market cap, or US$2.54m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (US$4.4m revenue).Buy Or Sell Opportunity • Mar 09Now 34% overvalued after recent price riseOver the last 90 days, the stock has risen 49% to UK£0.028. The fair value is estimated to be UK£0.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 18%.New Risk • Mar 09New 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$3.3m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (UK£1.32m market cap, or US$1.76m). Minor Risk Revenue is less than US$5m (US$4.4m revenue).Buy Or Sell Opportunity • Jan 27Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to UK£0.025. The fair value is estimated to be UK£0.019, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 18%.New Risk • Jan 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% 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 Negative equity (-US$3.3m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (UK£1.57m market cap, or US$2.11m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Revenue is less than US$5m (US$4.4m revenue).分析記事 • Dec 19A Look At The Intrinsic Value Of t42 IoT Tracking Solutions PLC (LON:TRAC)Key Insights The projected fair value for t42 IoT Tracking Solutions is UK£0.022 based on 2 Stage Free Cash Flow to...お知らせ • Dec 18t42 IoT Tracking Solutions PLC, Annual General Meeting, Dec 31, 2025t42 IoT Tracking Solutions PLC, Annual General Meeting, Dec 31, 2025. Location: 96 ramatayim rd, hod hasharon, 4532532, IsraelReported Earnings • Sep 03First half 2025 earnings released: US$0.014 loss per share (vs US$0.025 loss in 1H 2024)First half 2025 results: US$0.014 loss per share (improved from US$0.025 loss in 1H 2024). Revenue: US$2.29m (up 13% from 1H 2024). Net loss: US$891.0k (loss narrowed 35% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.New Risk • Sep 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$3.3m). Market cap is less than US$10m (UK£1.41m market cap, or US$1.89m). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Revenue is less than US$5m (US$4.4m revenue).New Risk • Aug 15New 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 11% 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 (11% average weekly change). Negative equity (-US$2.7m). Market cap is less than US$10m (UK£1.38m market cap, or US$1.87m). Minor Risk Revenue is less than US$5m (US$4.2m revenue).New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$2.7m). Market cap is less than US$10m (UK£1.35m market cap, or US$1.82m). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Revenue is less than US$5m (US$4.2m revenue).Reported Earnings • Jun 29Full year 2024 earnings released: US$0.032 loss per share (vs US$0.008 loss in FY 2023)Full year 2024 results: US$0.032 loss per share (further deteriorated from US$0.008 loss in FY 2023). Revenue: US$4.16m (up 3.8% from FY 2023). Net loss: US$1.75m (loss widened 316% from FY 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 Negative equity (-US$2.3m). Market cap is less than US$10m (UK£1.02m market cap, or US$1.36m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.7% average weekly change). Revenue is less than US$5m (US$4.3m revenue).お知らせ • Apr 07+ 1 more updatet42 IoT Tracking Solutions PLC Announces Step Down of Igor Vatenmacher as CFO, Effective 7 April 2025t42 IoT Tracking Solutions PLC announced chief financial officer (CFO), Igor Vatenmacher, has informed the company of his intention to step down from his position as CFO with effect 7 April 2025 from to pursue an opportunity with a new company.お知らせ • Feb 13t42 IoT Tracking Solutions PLC has completed a Follow-on Equity Offering in the amount of £0.2625 million.t42 IoT Tracking Solutions PLC has completed a Follow-on Equity Offering in the amount of £0.2625 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,500,000 Price\Range: £0.025 Transaction Features: Subsequent Direct ListingNew Risk • Jan 15New 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 11% 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$156k free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-US$2.3m). Market cap is less than US$10m (UK£2.21m market cap, or US$2.69m). Minor Risk Revenue is less than US$5m (US$4.3m revenue).分析記事 • Dec 09This Is Why t42 IoT Tracking Solutions PLC's (LON:TRAC) CEO Compensation Looks AppropriateKey Insights t42 IoT Tracking Solutions' Annual General Meeting to take place on 16th of December Salary of US$165.0k...Reported Earnings • Oct 06First half 2024 earnings released: US$0.025 loss per share (vs US$0.014 loss in 1H 2023)First half 2024 results: US$0.025 loss per share (further deteriorated from US$0.014 loss in 1H 2023). Revenue: US$2.04m (up 19% from 1H 2023). Net loss: US$1.38m (loss widened 83% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.New Risk • Sep 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Less than 1 year of cash runway based on free cash flow trend (-US$349k free cash flow). Negative equity (-US$939k). Earnings have declined by 5.7% per year over the past 5 years. Market cap is less than US$10m (UK£2.48m market cap, or US$3.26m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (8.5% average weekly change). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Revenue is less than US$5m (US$4.0m revenue).New Risk • Jun 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% 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$349k free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Negative equity (-US$939k). Earnings have declined by 5.7% per year over the past 5 years. Market cap is less than US$10m (UK£3.31m market cap, or US$4.19m). Minor Risks Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Revenue is less than US$5m (US$4.0m revenue).Reported Earnings • Jun 27Full year 2023 earnings released: US$0.008 loss per share (vs US$0.019 loss in FY 2022)Full year 2023 results: US$0.008 loss per share (improved from US$0.019 loss in FY 2022). Revenue: US$4.01m (flat on FY 2022). Net loss: US$420.0k (loss narrowed 58% from FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.New Risk • Apr 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 (19% average weekly change). Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.65m market cap, or US$2.06m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Revenue is less than US$5m (US$3.6m revenue).お知らせ • Mar 09t42 IoT Tracking Solutions plc Provides Revenue Guidance for the Year of 2023t42 IoT Tracking Solutions PLC provided revenue guidance for the year of 2023. For the year, company expects total revenues of approximately USD 4.0 million (2022: $4.0 million), including approximately $2.0 million of SaaS income representing approximately 50% of the total revenues for the period (2023: 50%).New Risk • Jan 23New 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.65m market cap, or US$2.10m). Minor Risk Revenue is less than US$5m (US$3.6m revenue).New Risk • Dec 01New 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.81m market cap, or US$2.30m). Minor Risks Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Revenue is less than US$5m (US$3.6m revenue).分析記事 • Nov 08Why We Think t42 IoT Tracking Solutions PLC's (LON:TRAC) CEO Compensation Is Not Excessive At AllKey Insights t42 IoT Tracking Solutions' Annual General Meeting to take place on 14th of November CEO Avi Hartmann's...お知らせ • Oct 29t42 IoT Tracking Solutions PLC, Annual General Meeting, Nov 14, 2023t42 IoT Tracking Solutions PLC, Annual General Meeting, Nov 14, 2023, at 11:00 GMT Standard Time. Location: 96 Dereh Ramatayim Street,4532532 Hod-Hasharon IsraelNew Risk • Oct 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.6% 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 Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.68m market cap, or US$2.05m). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Revenue is less than US$5m (US$3.6m revenue).Reported Earnings • Oct 02First half 2023 earnings released: US$0.014 loss per share (vs US$0.004 loss in 1H 2022)First half 2023 results: US$0.014 loss per share (further deteriorated from US$0.004 loss in 1H 2022). Revenue: US$1.71m (down 22% from 1H 2022). Net loss: US$754.0k (loss widened 240% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.お知らせ • Sep 14t42 IoT Tracking Solutions PLC to Report First Half, 2023 Results on Sep 22, 2023t42 IoT Tracking Solutions PLC announced that they will report first half, 2023 results on Sep 22, 2023お知らせ • Jul 28t42 IoT Tracking Solutions PLC announced that it has received $1.3 million in funding from eWave Ltd.t42 IoT Tracking Solutions PLC announced a private placement of $1.3 million secured convertible loans on July 26, 2023. The transaction included participation from new investor, eWave Ltd. The loans will be converted into new ordinary shares of the company. The loan carries interest at 10% per annum, payable quarterly on the principal drawn, will be drawn down as to $600,000 immediately, $300,000 in three equal tranches during August 2023, and the balance of $300,000 by 30 September 2023. The loan, together with accrued interest at the time of conversion, may be converted into such number of new t42 ordinary shares as corresponds to 29.5% of the company's issued ordinary share capital immediately following such conversion. The loan may be converted in part, on a pro rata basis to the above terms.New Risk • Jun 30New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$538k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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$1.4m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-US$538k). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (UK£3.14m market cap, or US$3.99m). Minor Risks Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Revenue is less than US$5m (US$4.0m revenue).Reported Earnings • Jun 30Full year 2022 earnings released: US$0.019 loss per share (vs US$0.064 loss in FY 2021)Full year 2022 results: US$0.019 loss per share (improved from US$0.064 loss in FY 2021). Revenue: US$4.04m (down 4.1% from FY 2021). Net loss: US$1.01m (loss narrowed 66% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 12% per year.お知らせ • Feb 16T42 Iot Tracking Solutions plc Provides Revenue Guidance for the Fiscal Year 2022t42 IoT Tracking Solutions PLC provides revenue guidance for the fiscal year 2022. The Company expects to report total revenues for FY2022 of approximately USD 4.0 million, including approximately $2.0 million of SaaS income representing approximately 50% of the total revenues for the period (2021:51%).Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Martin Blair was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.分析記事 • Oct 04Is t42 IoT Tracking Solutions (LON:TRAC) Using Debt Sensibly?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Sep 22t42 IoT Tracking Solutions PLC, Annual General Meeting, Oct 06, 2022t42 IoT Tracking Solutions PLC, Annual General Meeting, Oct 06, 2022, at 10:00 Coordinated Universal Time. Location: 96 Dereh Ramataim Hod Ha’sharon IsraelReported Earnings • Sep 15First half 2022 earnings released: US$0.004 loss per share (vs US$0.012 loss in 1H 2021)First half 2022 results: US$0.004 loss per share (improved from US$0.012 loss in 1H 2021). Revenue: US$2.18m (down 4.1% from 1H 2021). Net loss: US$222.0k (loss narrowed 58% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Aug 10t42 IoT Tracking Solutions PLC Launches New and Improved Lokies 2.0t42 IoT Tracking Solutions PLC announced the launch of the Lokies 2.0, a significantly enhanced version of its best-selling smart tracking product. Lokies is a unique, keyless smart padlock with innovative IoT capabilities. It is designed for markets where there is a need to protect inventory, commercial goods, supplies, cargo or venues. Lokies can be unlocked remotely by authorized users without needing a key. Its built-in, advanced Bluetooth Low Energy (BLE) connectivity enables the identification and management of multiple users using different access authorisations. The Access Control feature keeps a complete log of when it is opened, for how long and by whom. Several significant improvements have been made to the new Lokies product: a new cellular module for improved remote wireless coverage, a new universal charging port, an enhanced central processing unit (CPU) for better performance, and new BLE 5.2 for improved energy consumption. These improvements meet the market's needs and are based on its customers' feedback on their requirements. With the new cellular module, Lokies 2.0 will support LTE and 3G networks, ensuring global coverage and allowing the Company to operate the same unit anywhere in the world for years to come. Its new USB-C charging port makes the Lokies 2.0 more functional and user-friendly, specifically with the upgraded BLE 5.2 wireless connectivity allowing customers to spend even less time and effort on charging the units. Lastly, the upgraded CPU will allow the units to store more events, provide better security encryption, and improve overall performance. Having recently signed several new contracts and distribution agreements, including supplying Lokies to ports in Latin America, DHL, the global leader in logistics, and Olimp Bulgaria Ltd, a world leader and exporter of security seals, t42 is pleased to be releasing the improved Lokies 2.0 product to market in September this year.分析記事 • Jun 21Does t42 IoT Tracking Solutions (LON:TRAC) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Martin Blair was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.分析記事 • Mar 06We Think t42 IoT Tracking Solutions (LON:TRAC) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: US$0.064 loss per share (down from US$0.047 loss in FY 2020). Revenue: US$4.21m (down 16% from FY 2020). Net loss: US$2.96m (loss widened 45% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Dec 24t42 IoT Tracking Solutions PLC announced that it expects to receive £0.925 million in fundingt42 IoT Tracking Solutions PLC announced that it has entered into an agreement for a private placement of unsecured convertible loan notes for gross proceeds of £925,000 on December 23, 2021. The company also issued warrants totalling £462,500 on the basis of 1 warrant for every £2 of notes. The convertible loan notes have an expiration date of 31 December 2023 and attract interest at a rate of 8% per annum, which is payable quarterly in arrears commencing on 31 March 2022. The notes shall be convertible into new ordinary shares of the company at 15 pence per share. The notes shall be convertible, in part or in full, at the option of the Lenders from the date of issuance until the final repayment date, being 31 December 2023. The warrants will be convertible into 3,083,334 new ordinary shares.分析記事 • Oct 23We Think Starcom (LON:STAR) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Jul 09Here's Why Starcom plc's (LON:STAR) CEO Compensation Is The Least Of Shareholders ConcernsThe performance at Starcom plc ( LON:STAR ) has been rather lacklustre of late and shareholders may be wondering what...分析記事 • Mar 31Here's Why Starcom (LON:STAR) Can Afford Some DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Mar 26Full year 2020 earnings released: US$0.006 loss per share (vs US$0.003 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$5.04m (down 26% from FY 2019). Net loss: US$2.05m (loss widened 101% from FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.分析記事 • Nov 20What Can We Make Of Starcom's (LON:STAR) CEO Compensation?Avi Hartmann has been the CEO of Starcom plc (LON:STAR) since 2000, and this article will examine the executive's...お知らせ • Sep 25Starcom plc announced that it expects to receive £0.2436 million in funding from Montrose Securities Ltd and other investorsStarcom plc (AIM:STAR) announced that it has entered into an agreement with certain directors and an employee of the company to issue convertible loans for the gross proceeds for £243,600 on March 24, 2020. Loans are convertible into ordinary shares. Loan shall bear an interest rate of 8% per annum payable quarterly in arrears and the loan principal is repayable on 30 September 2021. Loans are convertible at a conversion price of £1.25 per share at any time up until the loan repayment date. In addition, the loans can be repaid early at the election of the company, although not before 30 September 2020, with an early redemption fee of 8% of the principal loan amount. The company shall issue 4,000,000 warrants in the transaction. The warrants are exercisable at a price of £1.5 per ordinary Share, being a premium of 50% to the closing mid-market share price on 24 March 2020. The warrants are exercisable from the date of grant and expire on the second anniversary of the grant. The company will issue loan and warrants to Montrose Securities Limited, a company controlled by Michael Rosenberg (Non-Executive Chairman) £100,000 and 1,600,000 warrants, Avi Engel (Non-Executive Director) £100,000 and 1,600,000 warrants, Igor Vatenmacher (Chief Financial Officer) £21,800 and 400,000 warrants, Starcom Employee £21,800 and 400,000 warrants. Under the loan agreements, Avi Hartman, is providing a personal guarantee to the Lenders against 50% of the principal loan value.財務状況分析短期負債: TRACは マイナスの株主資本 を有しており、これは 短期資産 が 短期負債 をカバーしていないことよりも深刻な状況です。長期負債: TRACは株主資本がマイナスであり、これは短期資産が 長期負債 をカバーしていないことよりも深刻な状況です。デット・ツー・エクイティの歴史と分析負債レベル: TRACは 株主資本がマイナス となっており、これは高い負債レベルよりも深刻な状況です。負債の削減: TRACの株主資本はマイナスなので、時間の経過とともに負債が減少したかどうかを確認する必要はありません。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: 利益は出ていないものの、 TRACは現在のプラスの フリーキャッシュフロー レベルを維持すれば、3 年以上は十分な キャッシュランウェイ を有しています。キャッシュランウェイの予測: TRACは利益は出ていませんが、フリーキャッシュフローがプラスであり、年間29.5 % 増加しているため、3 年以上は十分なキャッシュランウェイがあります。健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend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2026/05/22 08:44終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31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t42 IoT Tracking Solutions 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。1 アナリスト機関David Paul St. JohnsonAllenby Capital Limited
分析記事 • Oct 04Is t42 IoT Tracking Solutions (LON:TRAC) Using Debt Sensibly?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Jun 21Does t42 IoT Tracking Solutions (LON:TRAC) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Mar 06We Think t42 IoT Tracking Solutions (LON:TRAC) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Oct 23We Think Starcom (LON:STAR) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Mar 31Here's Why Starcom (LON:STAR) Can Afford Some DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Apr 14Full year 2025 earnings released: US$0.009 loss per share (vs US$0.032 loss in FY 2024)Full year 2025 results: US$0.009 loss per share (improved from US$0.032 loss in FY 2024). Revenue: US$6.10m (up 47% from FY 2024). Net loss: US$576.0k (loss narrowed 67% from FY 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Apr 13T42 IoT Tracking Solutions plc Announces Board and Board Committee Changes, Effective June 30, 2026T42 IoT Tracking Solutions PLC announced that Martin Blair has served the board of directors as a non-executive director for a number of years and has agreed to step down as a director with effect from June 30, 2026. Martin will also relinquish his role as chairman of the audit committee and will be succeeded by Igor at the end of June 2026. The Audit Committee consists of the non-executive directors, Martin Blair and Michael Rosenberg, and is chaired by Martin Blair. Members of the Remuneration Committee comprise Michael Rosenberg, who acts as chairman of the committee, with Martin Blair as a member.
New Risk • Mar 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 (19% average weekly change). Negative equity (-US$3.3m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (UK£1.90m market cap, or US$2.54m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (US$4.4m revenue).
Buy Or Sell Opportunity • Mar 09Now 34% overvalued after recent price riseOver the last 90 days, the stock has risen 49% to UK£0.028. The fair value is estimated to be UK£0.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 18%.
New Risk • Mar 09New 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$3.3m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (UK£1.32m market cap, or US$1.76m). Minor Risk Revenue is less than US$5m (US$4.4m revenue).
Buy Or Sell Opportunity • Jan 27Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to UK£0.025. The fair value is estimated to be UK£0.019, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 18%.
New Risk • Jan 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% 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 Negative equity (-US$3.3m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (UK£1.57m market cap, or US$2.11m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Revenue is less than US$5m (US$4.4m revenue).
分析記事 • Dec 19A Look At The Intrinsic Value Of t42 IoT Tracking Solutions PLC (LON:TRAC)Key Insights The projected fair value for t42 IoT Tracking Solutions is UK£0.022 based on 2 Stage Free Cash Flow to...
お知らせ • Dec 18t42 IoT Tracking Solutions PLC, Annual General Meeting, Dec 31, 2025t42 IoT Tracking Solutions PLC, Annual General Meeting, Dec 31, 2025. Location: 96 ramatayim rd, hod hasharon, 4532532, Israel
Reported Earnings • Sep 03First half 2025 earnings released: US$0.014 loss per share (vs US$0.025 loss in 1H 2024)First half 2025 results: US$0.014 loss per share (improved from US$0.025 loss in 1H 2024). Revenue: US$2.29m (up 13% from 1H 2024). Net loss: US$891.0k (loss narrowed 35% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
New Risk • Sep 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$3.3m). Market cap is less than US$10m (UK£1.41m market cap, or US$1.89m). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Revenue is less than US$5m (US$4.4m revenue).
New Risk • Aug 15New 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 11% 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 (11% average weekly change). Negative equity (-US$2.7m). Market cap is less than US$10m (UK£1.38m market cap, or US$1.87m). Minor Risk Revenue is less than US$5m (US$4.2m revenue).
New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$2.7m). Market cap is less than US$10m (UK£1.35m market cap, or US$1.82m). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Revenue is less than US$5m (US$4.2m revenue).
Reported Earnings • Jun 29Full year 2024 earnings released: US$0.032 loss per share (vs US$0.008 loss in FY 2023)Full year 2024 results: US$0.032 loss per share (further deteriorated from US$0.008 loss in FY 2023). Revenue: US$4.16m (up 3.8% from FY 2023). Net loss: US$1.75m (loss widened 316% from FY 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 Negative equity (-US$2.3m). Market cap is less than US$10m (UK£1.02m market cap, or US$1.36m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.7% average weekly change). Revenue is less than US$5m (US$4.3m revenue).
お知らせ • Apr 07+ 1 more updatet42 IoT Tracking Solutions PLC Announces Step Down of Igor Vatenmacher as CFO, Effective 7 April 2025t42 IoT Tracking Solutions PLC announced chief financial officer (CFO), Igor Vatenmacher, has informed the company of his intention to step down from his position as CFO with effect 7 April 2025 from to pursue an opportunity with a new company.
お知らせ • Feb 13t42 IoT Tracking Solutions PLC has completed a Follow-on Equity Offering in the amount of £0.2625 million.t42 IoT Tracking Solutions PLC has completed a Follow-on Equity Offering in the amount of £0.2625 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,500,000 Price\Range: £0.025 Transaction Features: Subsequent Direct Listing
New Risk • Jan 15New 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 11% 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$156k free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-US$2.3m). Market cap is less than US$10m (UK£2.21m market cap, or US$2.69m). Minor Risk Revenue is less than US$5m (US$4.3m revenue).
分析記事 • Dec 09This Is Why t42 IoT Tracking Solutions PLC's (LON:TRAC) CEO Compensation Looks AppropriateKey Insights t42 IoT Tracking Solutions' Annual General Meeting to take place on 16th of December Salary of US$165.0k...
Reported Earnings • Oct 06First half 2024 earnings released: US$0.025 loss per share (vs US$0.014 loss in 1H 2023)First half 2024 results: US$0.025 loss per share (further deteriorated from US$0.014 loss in 1H 2023). Revenue: US$2.04m (up 19% from 1H 2023). Net loss: US$1.38m (loss widened 83% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
New Risk • Sep 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Less than 1 year of cash runway based on free cash flow trend (-US$349k free cash flow). Negative equity (-US$939k). Earnings have declined by 5.7% per year over the past 5 years. Market cap is less than US$10m (UK£2.48m market cap, or US$3.26m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (8.5% average weekly change). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Revenue is less than US$5m (US$4.0m revenue).
New Risk • Jun 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% 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$349k free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Negative equity (-US$939k). Earnings have declined by 5.7% per year over the past 5 years. Market cap is less than US$10m (UK£3.31m market cap, or US$4.19m). Minor Risks Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Revenue is less than US$5m (US$4.0m revenue).
Reported Earnings • Jun 27Full year 2023 earnings released: US$0.008 loss per share (vs US$0.019 loss in FY 2022)Full year 2023 results: US$0.008 loss per share (improved from US$0.019 loss in FY 2022). Revenue: US$4.01m (flat on FY 2022). Net loss: US$420.0k (loss narrowed 58% from FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
New Risk • Apr 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 (19% average weekly change). Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.65m market cap, or US$2.06m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Revenue is less than US$5m (US$3.6m revenue).
お知らせ • Mar 09t42 IoT Tracking Solutions plc Provides Revenue Guidance for the Year of 2023t42 IoT Tracking Solutions PLC provided revenue guidance for the year of 2023. For the year, company expects total revenues of approximately USD 4.0 million (2022: $4.0 million), including approximately $2.0 million of SaaS income representing approximately 50% of the total revenues for the period (2023: 50%).
New Risk • Jan 23New 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.65m market cap, or US$2.10m). Minor Risk Revenue is less than US$5m (US$3.6m revenue).
New Risk • Dec 01New 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.81m market cap, or US$2.30m). Minor Risks Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Revenue is less than US$5m (US$3.6m revenue).
分析記事 • Nov 08Why We Think t42 IoT Tracking Solutions PLC's (LON:TRAC) CEO Compensation Is Not Excessive At AllKey Insights t42 IoT Tracking Solutions' Annual General Meeting to take place on 14th of November CEO Avi Hartmann's...
お知らせ • Oct 29t42 IoT Tracking Solutions PLC, Annual General Meeting, Nov 14, 2023t42 IoT Tracking Solutions PLC, Annual General Meeting, Nov 14, 2023, at 11:00 GMT Standard Time. Location: 96 Dereh Ramatayim Street,4532532 Hod-Hasharon Israel
New Risk • Oct 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.6% 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 Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.68m market cap, or US$2.05m). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Revenue is less than US$5m (US$3.6m revenue).
Reported Earnings • Oct 02First half 2023 earnings released: US$0.014 loss per share (vs US$0.004 loss in 1H 2022)First half 2023 results: US$0.014 loss per share (further deteriorated from US$0.004 loss in 1H 2022). Revenue: US$1.71m (down 22% from 1H 2022). Net loss: US$754.0k (loss widened 240% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
お知らせ • Sep 14t42 IoT Tracking Solutions PLC to Report First Half, 2023 Results on Sep 22, 2023t42 IoT Tracking Solutions PLC announced that they will report first half, 2023 results on Sep 22, 2023
お知らせ • Jul 28t42 IoT Tracking Solutions PLC announced that it has received $1.3 million in funding from eWave Ltd.t42 IoT Tracking Solutions PLC announced a private placement of $1.3 million secured convertible loans on July 26, 2023. The transaction included participation from new investor, eWave Ltd. The loans will be converted into new ordinary shares of the company. The loan carries interest at 10% per annum, payable quarterly on the principal drawn, will be drawn down as to $600,000 immediately, $300,000 in three equal tranches during August 2023, and the balance of $300,000 by 30 September 2023. The loan, together with accrued interest at the time of conversion, may be converted into such number of new t42 ordinary shares as corresponds to 29.5% of the company's issued ordinary share capital immediately following such conversion. The loan may be converted in part, on a pro rata basis to the above terms.
New Risk • Jun 30New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$538k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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$1.4m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-US$538k). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (UK£3.14m market cap, or US$3.99m). Minor Risks Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Revenue is less than US$5m (US$4.0m revenue).
Reported Earnings • Jun 30Full year 2022 earnings released: US$0.019 loss per share (vs US$0.064 loss in FY 2021)Full year 2022 results: US$0.019 loss per share (improved from US$0.064 loss in FY 2021). Revenue: US$4.04m (down 4.1% from FY 2021). Net loss: US$1.01m (loss narrowed 66% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 12% per year.
お知らせ • Feb 16T42 Iot Tracking Solutions plc Provides Revenue Guidance for the Fiscal Year 2022t42 IoT Tracking Solutions PLC provides revenue guidance for the fiscal year 2022. The Company expects to report total revenues for FY2022 of approximately USD 4.0 million, including approximately $2.0 million of SaaS income representing approximately 50% of the total revenues for the period (2021:51%).
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Martin Blair was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
分析記事 • Oct 04Is t42 IoT Tracking Solutions (LON:TRAC) Using Debt Sensibly?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Sep 22t42 IoT Tracking Solutions PLC, Annual General Meeting, Oct 06, 2022t42 IoT Tracking Solutions PLC, Annual General Meeting, Oct 06, 2022, at 10:00 Coordinated Universal Time. Location: 96 Dereh Ramataim Hod Ha’sharon Israel
Reported Earnings • Sep 15First half 2022 earnings released: US$0.004 loss per share (vs US$0.012 loss in 1H 2021)First half 2022 results: US$0.004 loss per share (improved from US$0.012 loss in 1H 2021). Revenue: US$2.18m (down 4.1% from 1H 2021). Net loss: US$222.0k (loss narrowed 58% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 10t42 IoT Tracking Solutions PLC Launches New and Improved Lokies 2.0t42 IoT Tracking Solutions PLC announced the launch of the Lokies 2.0, a significantly enhanced version of its best-selling smart tracking product. Lokies is a unique, keyless smart padlock with innovative IoT capabilities. It is designed for markets where there is a need to protect inventory, commercial goods, supplies, cargo or venues. Lokies can be unlocked remotely by authorized users without needing a key. Its built-in, advanced Bluetooth Low Energy (BLE) connectivity enables the identification and management of multiple users using different access authorisations. The Access Control feature keeps a complete log of when it is opened, for how long and by whom. Several significant improvements have been made to the new Lokies product: a new cellular module for improved remote wireless coverage, a new universal charging port, an enhanced central processing unit (CPU) for better performance, and new BLE 5.2 for improved energy consumption. These improvements meet the market's needs and are based on its customers' feedback on their requirements. With the new cellular module, Lokies 2.0 will support LTE and 3G networks, ensuring global coverage and allowing the Company to operate the same unit anywhere in the world for years to come. Its new USB-C charging port makes the Lokies 2.0 more functional and user-friendly, specifically with the upgraded BLE 5.2 wireless connectivity allowing customers to spend even less time and effort on charging the units. Lastly, the upgraded CPU will allow the units to store more events, provide better security encryption, and improve overall performance. Having recently signed several new contracts and distribution agreements, including supplying Lokies to ports in Latin America, DHL, the global leader in logistics, and Olimp Bulgaria Ltd, a world leader and exporter of security seals, t42 is pleased to be releasing the improved Lokies 2.0 product to market in September this year.
分析記事 • Jun 21Does t42 IoT Tracking Solutions (LON:TRAC) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Martin Blair was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
分析記事 • Mar 06We Think t42 IoT Tracking Solutions (LON:TRAC) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: US$0.064 loss per share (down from US$0.047 loss in FY 2020). Revenue: US$4.21m (down 16% from FY 2020). Net loss: US$2.96m (loss widened 45% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Dec 24t42 IoT Tracking Solutions PLC announced that it expects to receive £0.925 million in fundingt42 IoT Tracking Solutions PLC announced that it has entered into an agreement for a private placement of unsecured convertible loan notes for gross proceeds of £925,000 on December 23, 2021. The company also issued warrants totalling £462,500 on the basis of 1 warrant for every £2 of notes. The convertible loan notes have an expiration date of 31 December 2023 and attract interest at a rate of 8% per annum, which is payable quarterly in arrears commencing on 31 March 2022. The notes shall be convertible into new ordinary shares of the company at 15 pence per share. The notes shall be convertible, in part or in full, at the option of the Lenders from the date of issuance until the final repayment date, being 31 December 2023. The warrants will be convertible into 3,083,334 new ordinary shares.
分析記事 • Oct 23We Think Starcom (LON:STAR) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Jul 09Here's Why Starcom plc's (LON:STAR) CEO Compensation Is The Least Of Shareholders ConcernsThe performance at Starcom plc ( LON:STAR ) has been rather lacklustre of late and shareholders may be wondering what...
分析記事 • Mar 31Here's Why Starcom (LON:STAR) Can Afford Some DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Mar 26Full year 2020 earnings released: US$0.006 loss per share (vs US$0.003 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$5.04m (down 26% from FY 2019). Net loss: US$2.05m (loss widened 101% from FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
分析記事 • Nov 20What Can We Make Of Starcom's (LON:STAR) CEO Compensation?Avi Hartmann has been the CEO of Starcom plc (LON:STAR) since 2000, and this article will examine the executive's...
お知らせ • Sep 25Starcom plc announced that it expects to receive £0.2436 million in funding from Montrose Securities Ltd and other investorsStarcom plc (AIM:STAR) announced that it has entered into an agreement with certain directors and an employee of the company to issue convertible loans for the gross proceeds for £243,600 on March 24, 2020. Loans are convertible into ordinary shares. Loan shall bear an interest rate of 8% per annum payable quarterly in arrears and the loan principal is repayable on 30 September 2021. Loans are convertible at a conversion price of £1.25 per share at any time up until the loan repayment date. In addition, the loans can be repaid early at the election of the company, although not before 30 September 2020, with an early redemption fee of 8% of the principal loan amount. The company shall issue 4,000,000 warrants in the transaction. The warrants are exercisable at a price of £1.5 per ordinary Share, being a premium of 50% to the closing mid-market share price on 24 March 2020. The warrants are exercisable from the date of grant and expire on the second anniversary of the grant. The company will issue loan and warrants to Montrose Securities Limited, a company controlled by Michael Rosenberg (Non-Executive Chairman) £100,000 and 1,600,000 warrants, Avi Engel (Non-Executive Director) £100,000 and 1,600,000 warrants, Igor Vatenmacher (Chief Financial Officer) £21,800 and 400,000 warrants, Starcom Employee £21,800 and 400,000 warrants. Under the loan agreements, Avi Hartman, is providing a personal guarantee to the Lenders against 50% of the principal loan value.