Board Change • May 10
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Ricardo De Barros is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Apr 13
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Ricardo De Barros is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Mar 22
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Ricardo De Barros is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Mar 08
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Ricardo De Barros is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Feb 22
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Ricardo De Barros is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Jan 23
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Ricardo De Barros is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Nov 29
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Ricardo De Barros is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Oct 26
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Ricardo De Barros is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Reported Earnings • Sep 30
Third quarter 2022 earnings released: US$0.002 loss per share (vs US$0.001 loss in 3Q 2021) Third quarter 2022 results: US$0.002 loss per share (further deteriorated from US$0.001 loss in 3Q 2021). Revenue: US$249.2k (down 59% from 3Q 2021). Net loss: US$146.6k (loss widened US$124.9k from 3Q 2021). Board Change • Aug 04
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director Ricardo De Barros is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Jul 01
Second quarter 2022 earnings released: US$0.014 loss per share (vs US$0.024 loss in 2Q 2021) Second quarter 2022 results: US$0.014 loss per share. Revenue: US$88.2k (down 90% from 2Q 2021). Net loss: US$1.02m (loss widened 44% from 2Q 2021). Reported Earnings • May 01
First quarter 2022 earnings released: EPS: US$0.001 (vs US$0.012 loss in 1Q 2021) First quarter 2022 results: EPS: US$0.001 (up from US$0.012 loss in 1Q 2021). Revenue: US$530.5k (down 61% from 1Q 2021). Net income: US$41.4k (up US$377.2k from 1Q 2021). Profit margin: 7.8% (up from net loss in 1Q 2021). Board Change • Apr 27
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director Ricardo De Barros is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Jun 30
Second quarter 2021 earnings released: US$0.007 loss per share (vs US$0.003 loss in 2Q 2020) The company reported a decent second quarter result with improved revenues, although losses increased and control over costs was weaker. Second quarter 2021 results: Revenue: US$871.9k (up 209% from 2Q 2020). Net loss: US$708.9k (loss widened 314% from 2Q 2020). Reported Earnings • Apr 03
First quarter 2021 earnings released: US$0.004 loss per share (vs US$0.003 loss in 1Q 2020) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2021 results: Revenue: US$1.37m (up 139% from 1Q 2020). Net loss: US$335.7k (loss widened 65% from 1Q 2020). Reported Earnings • Mar 06
Full year 2020 earnings released: US$0.43 loss per share (vs US$0.046 loss in FY 2019) The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$1.50m (up 34% from FY 2019). Net loss: US$28.5m (loss widened US$25.7m from FY 2019). Reported Earnings • Oct 01
Third quarter earnings released Over the last 12 months the company has reported total losses of US$953.0k, with losses narrowing by 60% from the prior year. Total revenue was US$1.55m over the last 12 months, up 40% from the prior year.