Board Change • Jul 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Firas Al Fraih was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Firas Al Fraih was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 18
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Earnings have declined by 7.4% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.0m market cap, or US$9.70m). New Risk • Oct 07
New major risk - Revenue and earnings growth Earnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$9.44m market cap, or US$6.91m). Board Change • Oct 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Firas Al Fraih was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Sep 13
The Mint Corporation, Annual General Meeting, Nov 06, 2023 The Mint Corporation, Annual General Meeting, Nov 06, 2023. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Firas Al Fraih was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Dec 07
The Mint Corporation Announces Rebecca Ong Steps Down as Director The Mint Corporation announced that Rebecca Ong has stepped down as a director of the Company. Director Overboarding • Aug 18
Director Vikas Ranjan has joined 7th company board Director Vikas Ranjan has been appointed to the board of Secova Metals Corp. (TSXV:SEK). Ranjan now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Gravitas Financial Inc. (CNSX:GFI), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 18
Director Vikas Ranjan has joined 7th company board Director Vikas Ranjan has been appointed to the board of Secova Metals Corp. (TSXV:SEK). Ranjan now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Gravitas Financial Inc. (CNSX:GFI), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 18
Director Vikas Ranjan has joined 7th company board Director Vikas Ranjan has been appointed to the board of Secova Metals Corp. (TSXV:SEK). Ranjan now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Gravitas Financial Inc. (CNSX:GFI), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 18
Director Vikas Ranjan has joined 7th company board Director Vikas Ranjan has been appointed to the board of Secova Metals Corp. (TSXV:SEK). Ranjan now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Gravitas Financial Inc. (CNSX:GFI), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 18
Director Vikas Ranjan has joined 7th company board Director Vikas Ranjan has been appointed to the board of Secova Metals Corp. (TSXV:SEK). Ranjan now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Gravitas Financial Inc. (CNSX:GFI), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. 공시 • Jun 18
The Mint Corporation Auditor Raises 'Going Concern' Doubt The Mint Corporation filed its Annual on Jun 12, 2020 for the period ending Dec 31, 2019. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.