View ValuationTortilla Mexican Grill 향후 성장Future 기준 점검 4/6Tortilla Mexican Grill (는) 각각 연간 108.3% 및 5.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 108.5% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 109.2% 로 예상됩니다.핵심 정보108.3%이익 성장률108.49%EPS 성장률Hospitality 이익 성장70.1%매출 성장률5.5%향후 자기자본이익률109.24%애널리스트 커버리지Low마지막 업데이트19 May 2026최근 향후 성장 업데이트공시 • Dec 20+ 1 more updateTortilla Mexican Grill plc Provides Earnings Guidance for Fiscal Year 2023Tortilla Mexican Grill plc provided earnings guidance for fiscal year 2023. For the year, Revenue is expected to increase by 13.8% against the comparable prior year period to £65.7m (FY22: £57.7m) and reflects the positive impact of YTD UK LFL (like for like) growth of +3.7% (+5.0% when adjusted for VAT).모든 업데이트 보기Recent updatesBoard Change • May 20No independent directorsThere are 6 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: 6 new directors. 1 experienced director. No highly experienced directors. No independent directors (6 non-independent directors). Founder, CEO & Director Brandon Stephens is the most experienced director on the board, commencing their role in 2021. 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.공시 • Mar 11Tortilla Mexican Grill plc Announces Appointment of Gregor Grant as Non-Executive Director and Chair of the Audit Committee, Effective March 9, 2026Tortilla Mexican Grill PLC announced the appointment of Gregor Grant as a Non-Executive Director and Chair of the Audit Committee, effective March 9, 2026. Gregor Grant brings significant experience to Tortilla's Board, having spent the majority of the past 28 years in CFO roles within the hospitality sector. These roles have covered the pub sector, fast-casual restaurants, international operations, franchising, and latterly, with Loungers plc, café/bars. During his six years as CFO of Loungers the business grew from 131 to 258 sites and he played a key role in its IPO in April 2019. Gregor qualified as a chartered accountant with Deloitte. In accordance with Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies, Gregor Grant (aged 59 years) holds or has held the following directorships or partnerships in the last 5 years: Current: Golden Cap Limited, Block Group Limited. Past 5 years: Loungers Limited (formerly Loungers plc), Lion/Jenga Topco Limited, Lion/Jenga Midco Limited, Lion/Jenga Bidco Limited, Loungers Holdings Limited, Loungers (UK) Limited, Nightlife Leisure (SW) Limited, Route Restaurants Limited.공시 • Feb 06+ 1 more updateTortilla Mexican Grill plc Announces CEO Changes, Effective February 6, 2026Tortilla Mexican Grill PLC announced a series of Board and management changes, effective February 6, 2026. Brandon Stephens, Founder, was appointed as Group CEO to lead the next phase of Tortilla's development. Brandon founded Tortilla in 2007 and served as CEO until 2014. Currently a Non-Executive Director, Brandon returned as Group CEO to lead the next phase of development. He will focus on long-term strategy, concept and brand innovation, food development, technology roadmap, property selection, business development, and investor relations. Andy Naylor stepped down as CEO after eight years with the Company.공시 • Dec 01Tortilla Mexican Grill plc Appoints Duncan Garrood as Non-Executive Chairman, Effective December 5, 2025Empiric Student Property PLC announced that Duncan Garrood, CEO of the Company, has been appointed as the Non-Executive Chairman of Tortilla Mexican Grill PLC with effect from December 5, 2025. Duncan currently serves as Chief Executive Officer of Empiric Student Properties PLC. He brings significant leadership experience, having previously served as CEO of Punch Taverns, Bill's Restaurants and Ten Entertainment Group, and has held board roles as Chair of Small Beer Brewco and is currently Senior Independent Director with the Brighton Pier Group. He also adds substantial international franchising expertise from his time with Alshaya, BAA and with Eathos (Tortilla's Franchisee) in the Middle East. This combination of operational, board and global franchising experience will be invaluable as Tortilla enters its next phase of growth in the UK and internationally.공시 • Oct 25Tortilla Mexican Grill plc Announces Stepping Down of Emma Woods as Non-Executive ChairTortilla Mexican Grill plc announced that Emma Woods, the Group's Non-Executive Chair, has informed the Board of her decision to step down from the role at the end of 2025. The Board has already initiated a search for an experienced Independent Chair to support the Group's next phase of growth, including its international expansion plans. Emma has agreed to remain with the Group for the remainder of this year to ensure an orderly transition.공시 • Jun 25+ 1 more updateTortilla Mexican Grill plc Announces Chief Financial Officer Changes, Effective 30 September 2025Tortilla Mexican Grill plc also announces that Maria Denny, Chief Financial Officer and Executive Director, has informed the Board of her intention to step down from the Board and leave the Company, effective 30 September 2025. The Board has initiated a formal search process to identify a successor. In the interim, Josie Whelan, currently Head of Commercial Finance, will be appointed non-Board interim CFO and will work alongside Maria to ensure an orderly handover and seamless transition before Maria's departure.공시 • May 21Tortilla Mexican Grill plc, Annual General Meeting, Jun 19, 2025Tortilla Mexican Grill plc, Annual General Meeting, Jun 19, 2025. Location: the offices of panmure liberum limited, 25 ropemaker street, ec2y 9ly, london United Kingdom공시 • May 12Tortilla Mexican Grill plc to Report Fiscal Year 2024 Results on May 21, 2025Tortilla Mexican Grill plc announced that they will report fiscal year 2024 results on May 21, 2025공시 • Feb 01Tortilla Mexican Grill plc Announces Board ChangesTortilla Mexican Grill plc announced that a significant Board change aligned with its long-term technology-driven growth strategy. Quilvest Capital Partners a global private equity firm that first invested in Tortilla in 2011, has sold its 20% stake to Auctor Group ("Auctor"), a technology holding company, as part of the winding down of its fund. Consequently, Loeiz Lagadec, the Non-Executive Director who represented Quilvest's interest will step down from the Tortilla Board. As part of Auctor's new major shareholding, it has nominated Usman Ali, Managing Partner of Auctor, to take the role of Non-Executive Director on the Board of Directors at Tortilla. This appointment underscores Tortilla's strategic emphasis on technology as one of its Vital 5 growth pillars, with Auctor bringing key industry experience through its investment in Kaikaku, a company reinventing the QSR industry with its proprietary hardware and software stack to enable automation. Furthermore, Tortilla aims to enhance its digital and operational capabilities, exploring innovations such as robotics, advanced data analytics, and AI-powered customer engagement tools that can further streamline restaurant efficiency and elevate its customer experience.Reported Earnings • Sep 26First half 2024 earnings released: UK£0.006 loss per share (vs UK£0.016 loss in 1H 2023)First half 2024 results: UK£0.006 loss per share (improved from UK£0.016 loss in 1H 2023). Revenue: UK£31.5m (down 3.7% from 1H 2023). Net loss: UK£235.0k (loss narrowed 62% from 1H 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Hospitality industry in Germany.공시 • Sep 18Tortilla Mexican Grill plc to Report First Half, 2024 Results on Sep 25, 2024Tortilla Mexican Grill plc announced that they will report first half, 2024 results on Sep 25, 2024Recent Insider Transactions • Jun 27Independent Non-Executive Director recently bought €59k worth of stockOn the 25th of June, Francesca Tiritiello bought around 93k shares on-market at roughly €0.64 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €123k more in shares than they have sold in the last 12 months.Buy Or Sell Opportunity • May 31Now 26% undervaluedOver the last 90 days, the stock has risen 10% to €0.59. The fair value is estimated to be €0.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has declined by 45%.공시 • May 03Tortilla Mexican Grill plc, Annual General Meeting, Jun 11, 2024Tortilla Mexican Grill plc, Annual General Meeting, Jun 11, 2024, at 08:30 Coordinated Universal Time. Location: offices of Liberum Capital, 25 Ropemaker Street London United KingdomReported Earnings • Apr 24Full year 2023 earnings released: UK£0.028 loss per share (vs UK£0.017 loss in FY 2022)Full year 2023 results: UK£0.028 loss per share (further deteriorated from UK£0.017 loss in FY 2022). Revenue: UK£65.7m (up 14% from FY 2022). Net loss: UK£1.09m (loss widened 71% from FY 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Hospitality industry in Germany.공시 • Apr 12Tortilla Mexican Grill plc to Report Fiscal Year 2023 Final Results on Apr 24, 2024Tortilla Mexican Grill plc announced that they will report fiscal year 2023 final results on Apr 24, 2024공시 • Feb 22+ 1 more updateTortilla Mexican Grill plc Announces CEO ChangesTortilla Mexican Grill PLC announced that the Board has been notified by Richard Morris of his intention, following a distinguished 35 year career in hospitality and 10 years with the Company, to step down from the Board and from his role of Chief Executive Officer at the end of March 2024. Andy Naylor, who has worked alongside Richard for the last seven years, initially as Chief Financial Officer, then with added Business Development leadership responsibilities and more recently as UK Managing Director, will succeed him as Chief Executive Officer. Richard and Andy will continue to work closely together in the month ahead to ensure a smooth transition. The Board is delighted to confirm Andy Naylor's appointment as CEO. A dynamic leader, Andy's commercial expertise and growth mindset have seen him play a critical role in shaping Tortilla's multi-channel and franchise business strategy. His deep expertise across Tortilla's operations combined with an innovative approach to growth have positioned him as a natural successor to Richard's highly impactful tenure. His appointment marks the start of an important new chapter for Tortilla as the company leverages the business's increasing scale and momentum to drive further UK and international expansion.New Risk • Feb 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% 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: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (€17.6m market cap, or US$18.9m).공시 • Dec 20+ 1 more updateTortilla Mexican Grill plc Provides Earnings Guidance for Fiscal Year 2023Tortilla Mexican Grill plc provided earnings guidance for fiscal year 2023. For the year, Revenue is expected to increase by 13.8% against the comparable prior year period to £65.7m (FY22: £57.7m) and reflects the positive impact of YTD UK LFL (like for like) growth of +3.7% (+5.0% when adjusted for VAT).Reported Earnings • Oct 05First half 2023 earnings released: UK£0.016 loss per share (vs UK£0.004 profit in 1H 2022)First half 2023 results: UK£0.016 loss per share (down from UK£0.004 profit in 1H 2022). Revenue: UK£32.7m (up 22% from 1H 2022). Net loss: UK£618.5k (down 495% from profit in 1H 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Hospitality industry in Germany.공시 • Sep 25Tortilla Mexican Grill plc to Report First Half, 2023 Results on Oct 03, 2023Tortilla Mexican Grill plc announced that they will report first half, 2023 results on Oct 03, 2023공시 • Aug 24Tortilla Mexican Grill plc Appoints Keith Down to Its Board as A Non-Executive DirectorTortilla Mexican Grill plc announced the appointment of Keith Down to its Board as a Non-Executive Director, with effect from (24 August 2023). Keith brings a wealth of leadership experience gained across a broad range of consumer-focused businesses. He has held senior positions at companies operating across a wide range of sectors including retail, leisure, and hospitality. He was previously Finance Director and Company Secretary at JD Wetherspoon plc, Group Finance Director at Go-Ahead plc, Chief Financial Officer at Dunelm plc and, most recently, Finance Director of Selfridges Group. He is currently the Senior Independent Director and Audit Committee Chair of Topps Tiles plc.Reported Earnings • Mar 28Full year 2022 earnings releasedFull year 2022 results: Revenue: UK£57.7m (up 20% from FY 2021). Net loss: UK£638.2k (down 147% from profit in FY 2021). Total stores: 82 (up by 18 from FY 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Hospitality industry in Germany.Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). CEO & Executive Director Richard Morris is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Director Francesca Tiritiello was the last independent director to join the board, commencing their role in 2022. 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.Reported Earnings • Oct 05First half 2022 earnings released: EPS: UK£0 (vs UK£6.39 in 1H 2021)First half 2022 results: EPS: UK£0 (down from UK£6.39 in 1H 2021). Revenue: UK£26.9m (up 30% from 1H 2021). Net income: UK£156.5k (down 93% from 1H 2021). Profit margin: 0.6% (down from 11% in 1H 2021). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Hospitality industry in Germany.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 38% share price decline to €1.09, the stock trades at a trailing P/E ratio of 27.7x. Average forward P/E is 15x in the Hospitality industry in Germany.공시 • Sep 22Tortilla Mexican Grill plc Announces Directorate AppointmentsTortilla Mexican Grill plc announced the appointment of Francesca Tiritiello as a new independent Non-Executive Director with effect from 20 September 2022. Francesca brings a wealth of business development, franchise, finance and M&A experience and she has been involved in the successful expansion of many branded businesses across the European QSR market, across both advisory and senior finance positions. Francesca is currently a Partner and Co-Founder of Kikkirossi, a European boutique advisory firm specialising in international franchise and brand development. Previously, she has held a number of director and CFO roles in European hospitality businesses, including eight years at Yum! Brands Inc., the owner and operator of household names including KFC, Pizza Hutand Taco Bell, where she held European CFO and Commercial Director positions. Francesca will take over as Chair of the Remuneration Committee from Laurence Keen. The company also announced appointment of Laurence Keen as Senior Independent Director. Laurence's skills as the CFO of Hollywood Bowl PLC have transferred this year to make him a highly effective PLC Non-Executive Board member for Tortilla and he will now take on these SID responsibilities as well as continuing to Chair the Audit Committee.공시 • Sep 07Tortilla Mexican Grill plc to Report First Half, 2022 Results on Oct 03, 2022Tortilla Mexican Grill plc announced that they will report first half, 2022 results on Oct 03, 2022Buying Opportunity • Sep 01Now 26% undervaluedOver the last 90 days, the stock is up 2.6%. The fair value is estimated to be €2.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to €1.63, the stock trades at a trailing P/E ratio of 40.6x. Average forward P/E is 19x in the Hospitality industry in Germany.공시 • May 25Tortilla Mexican Grill plc (AIM:MEX) acquired Chilango Ltd from RDCP Group Ltd for £2.75 million.Tortilla Mexican Grill plc (AIM:MEX) acquired Chilango Ltd from RDCP Group Ltd for £2.75 million on May 23, 2022. The transaction was done on a debt-free and cash-free basis, with the majority of the transaction consideration used to satisfy intercompany loans and other creditors. For the 52-week period to December 26, 2021, Chilango delivered revenue of £7.3 million and loss before tax of £0.2 million. The acquisition is expected to contribute EBITDA (pre-IFRS-16) of c.£0.1 million to the Group for the remainder of FY22 and FY23 EBITDA onwards of c.£1.0 million. Andrew Godber, Edward Thomas, and Nikhil Varghese of Liberum Capital Limited acted as financial advisor to Tortilla Mexican. Tortilla Mexican Grill plc (AIM:MEX) completed the acquisition of Chilango Ltd from RDCP Group Ltd on May 23, 2022.Board Change • Apr 27Less than half of directors are independentThere 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). CEO & Executive Director Richard Morris is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Director Laurence Keen 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.Reported Earnings • Apr 14Full year 2021 earnings released: EPS: UK£0.035 (vs UK£4.72 loss in FY 2020)Full year 2021 results: EPS: UK£0.035 (up from UK£4.72 loss in FY 2020). Revenue: UK£48.1m (up 79% from FY 2020). Net income: UK£1.36m (up UK£3.05m from FY 2020). Profit margin: 2.8% (up from net loss in FY 2020). Over the next year, revenue is forecast to grow 19%, compared to a 115% growth forecast for the restaurants industry in Germany.공시 • Apr 11Tortilla Mexican Grill PLC, Annual General Meeting, Jun 15, 2022Tortilla Mexican Grill PLC, Annual General Meeting, Jun 15, 2022, at 08:30 Coordinated Universal Time. Location: Liberum Capital Limited, 25 Ropemaker Street London United KingdomBoard Change • Oct 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Laurence Keen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.이익 및 매출 성장 예측DB:73D - 애널리스트 향후 추정치 및 과거 재무 데이터 (GBP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2027833413212/31/2026781212212/31/202574-3-4926/29/202572-549N/A3/29/202570-4510N/A12/29/202468-3611N/A9/29/202466-2510N/A6/30/202464-159N/A3/31/202465-1510N/A12/31/202366-1510N/A9/30/202365-138N/A7/2/202364-117N/A4/2/202361-117N/A1/1/202358-118N/A10/1/202256-138N/A7/3/202254-159N/A4/3/2022510711N/A1/2/2022481912N/A10/2/2021433912N/A7/4/2021384911N/A4/4/202132168N/A1/3/202127-234N/A12/29/201935-137N/A12/30/201834-1N/A7N/A12/31/201730-1N/A0N/A12/25/201625-1N/A2N/A12/27/2015210N/A3N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 73D 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(1.9%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: 73D (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: 73D 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: 73D 의 수익(연간 5.5%)이 German 시장(연간 6.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 73D 의 수익(연간 5.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 73D의 자본 수익률은 3년 후 109.2%로 매우 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/17 12:08종가2026/06/17 00:00수익2025/06/29연간 수익2024/12/29데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Tortilla Mexican Grill plc는 2명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Nigel ParsonCavendishAnna BarnfatherPanmure Liberum
공시 • Dec 20+ 1 more updateTortilla Mexican Grill plc Provides Earnings Guidance for Fiscal Year 2023Tortilla Mexican Grill plc provided earnings guidance for fiscal year 2023. For the year, Revenue is expected to increase by 13.8% against the comparable prior year period to £65.7m (FY22: £57.7m) and reflects the positive impact of YTD UK LFL (like for like) growth of +3.7% (+5.0% when adjusted for VAT).
Board Change • May 20No independent directorsThere are 6 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: 6 new directors. 1 experienced director. No highly experienced directors. No independent directors (6 non-independent directors). Founder, CEO & Director Brandon Stephens is the most experienced director on the board, commencing their role in 2021. 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.
공시 • Mar 11Tortilla Mexican Grill plc Announces Appointment of Gregor Grant as Non-Executive Director and Chair of the Audit Committee, Effective March 9, 2026Tortilla Mexican Grill PLC announced the appointment of Gregor Grant as a Non-Executive Director and Chair of the Audit Committee, effective March 9, 2026. Gregor Grant brings significant experience to Tortilla's Board, having spent the majority of the past 28 years in CFO roles within the hospitality sector. These roles have covered the pub sector, fast-casual restaurants, international operations, franchising, and latterly, with Loungers plc, café/bars. During his six years as CFO of Loungers the business grew from 131 to 258 sites and he played a key role in its IPO in April 2019. Gregor qualified as a chartered accountant with Deloitte. In accordance with Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies, Gregor Grant (aged 59 years) holds or has held the following directorships or partnerships in the last 5 years: Current: Golden Cap Limited, Block Group Limited. Past 5 years: Loungers Limited (formerly Loungers plc), Lion/Jenga Topco Limited, Lion/Jenga Midco Limited, Lion/Jenga Bidco Limited, Loungers Holdings Limited, Loungers (UK) Limited, Nightlife Leisure (SW) Limited, Route Restaurants Limited.
공시 • Feb 06+ 1 more updateTortilla Mexican Grill plc Announces CEO Changes, Effective February 6, 2026Tortilla Mexican Grill PLC announced a series of Board and management changes, effective February 6, 2026. Brandon Stephens, Founder, was appointed as Group CEO to lead the next phase of Tortilla's development. Brandon founded Tortilla in 2007 and served as CEO until 2014. Currently a Non-Executive Director, Brandon returned as Group CEO to lead the next phase of development. He will focus on long-term strategy, concept and brand innovation, food development, technology roadmap, property selection, business development, and investor relations. Andy Naylor stepped down as CEO after eight years with the Company.
공시 • Dec 01Tortilla Mexican Grill plc Appoints Duncan Garrood as Non-Executive Chairman, Effective December 5, 2025Empiric Student Property PLC announced that Duncan Garrood, CEO of the Company, has been appointed as the Non-Executive Chairman of Tortilla Mexican Grill PLC with effect from December 5, 2025. Duncan currently serves as Chief Executive Officer of Empiric Student Properties PLC. He brings significant leadership experience, having previously served as CEO of Punch Taverns, Bill's Restaurants and Ten Entertainment Group, and has held board roles as Chair of Small Beer Brewco and is currently Senior Independent Director with the Brighton Pier Group. He also adds substantial international franchising expertise from his time with Alshaya, BAA and with Eathos (Tortilla's Franchisee) in the Middle East. This combination of operational, board and global franchising experience will be invaluable as Tortilla enters its next phase of growth in the UK and internationally.
공시 • Oct 25Tortilla Mexican Grill plc Announces Stepping Down of Emma Woods as Non-Executive ChairTortilla Mexican Grill plc announced that Emma Woods, the Group's Non-Executive Chair, has informed the Board of her decision to step down from the role at the end of 2025. The Board has already initiated a search for an experienced Independent Chair to support the Group's next phase of growth, including its international expansion plans. Emma has agreed to remain with the Group for the remainder of this year to ensure an orderly transition.
공시 • Jun 25+ 1 more updateTortilla Mexican Grill plc Announces Chief Financial Officer Changes, Effective 30 September 2025Tortilla Mexican Grill plc also announces that Maria Denny, Chief Financial Officer and Executive Director, has informed the Board of her intention to step down from the Board and leave the Company, effective 30 September 2025. The Board has initiated a formal search process to identify a successor. In the interim, Josie Whelan, currently Head of Commercial Finance, will be appointed non-Board interim CFO and will work alongside Maria to ensure an orderly handover and seamless transition before Maria's departure.
공시 • May 21Tortilla Mexican Grill plc, Annual General Meeting, Jun 19, 2025Tortilla Mexican Grill plc, Annual General Meeting, Jun 19, 2025. Location: the offices of panmure liberum limited, 25 ropemaker street, ec2y 9ly, london United Kingdom
공시 • May 12Tortilla Mexican Grill plc to Report Fiscal Year 2024 Results on May 21, 2025Tortilla Mexican Grill plc announced that they will report fiscal year 2024 results on May 21, 2025
공시 • Feb 01Tortilla Mexican Grill plc Announces Board ChangesTortilla Mexican Grill plc announced that a significant Board change aligned with its long-term technology-driven growth strategy. Quilvest Capital Partners a global private equity firm that first invested in Tortilla in 2011, has sold its 20% stake to Auctor Group ("Auctor"), a technology holding company, as part of the winding down of its fund. Consequently, Loeiz Lagadec, the Non-Executive Director who represented Quilvest's interest will step down from the Tortilla Board. As part of Auctor's new major shareholding, it has nominated Usman Ali, Managing Partner of Auctor, to take the role of Non-Executive Director on the Board of Directors at Tortilla. This appointment underscores Tortilla's strategic emphasis on technology as one of its Vital 5 growth pillars, with Auctor bringing key industry experience through its investment in Kaikaku, a company reinventing the QSR industry with its proprietary hardware and software stack to enable automation. Furthermore, Tortilla aims to enhance its digital and operational capabilities, exploring innovations such as robotics, advanced data analytics, and AI-powered customer engagement tools that can further streamline restaurant efficiency and elevate its customer experience.
Reported Earnings • Sep 26First half 2024 earnings released: UK£0.006 loss per share (vs UK£0.016 loss in 1H 2023)First half 2024 results: UK£0.006 loss per share (improved from UK£0.016 loss in 1H 2023). Revenue: UK£31.5m (down 3.7% from 1H 2023). Net loss: UK£235.0k (loss narrowed 62% from 1H 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Hospitality industry in Germany.
공시 • Sep 18Tortilla Mexican Grill plc to Report First Half, 2024 Results on Sep 25, 2024Tortilla Mexican Grill plc announced that they will report first half, 2024 results on Sep 25, 2024
Recent Insider Transactions • Jun 27Independent Non-Executive Director recently bought €59k worth of stockOn the 25th of June, Francesca Tiritiello bought around 93k shares on-market at roughly €0.64 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €123k more in shares than they have sold in the last 12 months.
Buy Or Sell Opportunity • May 31Now 26% undervaluedOver the last 90 days, the stock has risen 10% to €0.59. The fair value is estimated to be €0.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has declined by 45%.
공시 • May 03Tortilla Mexican Grill plc, Annual General Meeting, Jun 11, 2024Tortilla Mexican Grill plc, Annual General Meeting, Jun 11, 2024, at 08:30 Coordinated Universal Time. Location: offices of Liberum Capital, 25 Ropemaker Street London United Kingdom
Reported Earnings • Apr 24Full year 2023 earnings released: UK£0.028 loss per share (vs UK£0.017 loss in FY 2022)Full year 2023 results: UK£0.028 loss per share (further deteriorated from UK£0.017 loss in FY 2022). Revenue: UK£65.7m (up 14% from FY 2022). Net loss: UK£1.09m (loss widened 71% from FY 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Hospitality industry in Germany.
공시 • Apr 12Tortilla Mexican Grill plc to Report Fiscal Year 2023 Final Results on Apr 24, 2024Tortilla Mexican Grill plc announced that they will report fiscal year 2023 final results on Apr 24, 2024
공시 • Feb 22+ 1 more updateTortilla Mexican Grill plc Announces CEO ChangesTortilla Mexican Grill PLC announced that the Board has been notified by Richard Morris of his intention, following a distinguished 35 year career in hospitality and 10 years with the Company, to step down from the Board and from his role of Chief Executive Officer at the end of March 2024. Andy Naylor, who has worked alongside Richard for the last seven years, initially as Chief Financial Officer, then with added Business Development leadership responsibilities and more recently as UK Managing Director, will succeed him as Chief Executive Officer. Richard and Andy will continue to work closely together in the month ahead to ensure a smooth transition. The Board is delighted to confirm Andy Naylor's appointment as CEO. A dynamic leader, Andy's commercial expertise and growth mindset have seen him play a critical role in shaping Tortilla's multi-channel and franchise business strategy. His deep expertise across Tortilla's operations combined with an innovative approach to growth have positioned him as a natural successor to Richard's highly impactful tenure. His appointment marks the start of an important new chapter for Tortilla as the company leverages the business's increasing scale and momentum to drive further UK and international expansion.
New Risk • Feb 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% 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: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (€17.6m market cap, or US$18.9m).
공시 • Dec 20+ 1 more updateTortilla Mexican Grill plc Provides Earnings Guidance for Fiscal Year 2023Tortilla Mexican Grill plc provided earnings guidance for fiscal year 2023. For the year, Revenue is expected to increase by 13.8% against the comparable prior year period to £65.7m (FY22: £57.7m) and reflects the positive impact of YTD UK LFL (like for like) growth of +3.7% (+5.0% when adjusted for VAT).
Reported Earnings • Oct 05First half 2023 earnings released: UK£0.016 loss per share (vs UK£0.004 profit in 1H 2022)First half 2023 results: UK£0.016 loss per share (down from UK£0.004 profit in 1H 2022). Revenue: UK£32.7m (up 22% from 1H 2022). Net loss: UK£618.5k (down 495% from profit in 1H 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Hospitality industry in Germany.
공시 • Sep 25Tortilla Mexican Grill plc to Report First Half, 2023 Results on Oct 03, 2023Tortilla Mexican Grill plc announced that they will report first half, 2023 results on Oct 03, 2023
공시 • Aug 24Tortilla Mexican Grill plc Appoints Keith Down to Its Board as A Non-Executive DirectorTortilla Mexican Grill plc announced the appointment of Keith Down to its Board as a Non-Executive Director, with effect from (24 August 2023). Keith brings a wealth of leadership experience gained across a broad range of consumer-focused businesses. He has held senior positions at companies operating across a wide range of sectors including retail, leisure, and hospitality. He was previously Finance Director and Company Secretary at JD Wetherspoon plc, Group Finance Director at Go-Ahead plc, Chief Financial Officer at Dunelm plc and, most recently, Finance Director of Selfridges Group. He is currently the Senior Independent Director and Audit Committee Chair of Topps Tiles plc.
Reported Earnings • Mar 28Full year 2022 earnings releasedFull year 2022 results: Revenue: UK£57.7m (up 20% from FY 2021). Net loss: UK£638.2k (down 147% from profit in FY 2021). Total stores: 82 (up by 18 from FY 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Hospitality industry in Germany.
Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). CEO & Executive Director Richard Morris is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Director Francesca Tiritiello was the last independent director to join the board, commencing their role in 2022. 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.
Reported Earnings • Oct 05First half 2022 earnings released: EPS: UK£0 (vs UK£6.39 in 1H 2021)First half 2022 results: EPS: UK£0 (down from UK£6.39 in 1H 2021). Revenue: UK£26.9m (up 30% from 1H 2021). Net income: UK£156.5k (down 93% from 1H 2021). Profit margin: 0.6% (down from 11% in 1H 2021). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Hospitality industry in Germany.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 38% share price decline to €1.09, the stock trades at a trailing P/E ratio of 27.7x. Average forward P/E is 15x in the Hospitality industry in Germany.
공시 • Sep 22Tortilla Mexican Grill plc Announces Directorate AppointmentsTortilla Mexican Grill plc announced the appointment of Francesca Tiritiello as a new independent Non-Executive Director with effect from 20 September 2022. Francesca brings a wealth of business development, franchise, finance and M&A experience and she has been involved in the successful expansion of many branded businesses across the European QSR market, across both advisory and senior finance positions. Francesca is currently a Partner and Co-Founder of Kikkirossi, a European boutique advisory firm specialising in international franchise and brand development. Previously, she has held a number of director and CFO roles in European hospitality businesses, including eight years at Yum! Brands Inc., the owner and operator of household names including KFC, Pizza Hutand Taco Bell, where she held European CFO and Commercial Director positions. Francesca will take over as Chair of the Remuneration Committee from Laurence Keen. The company also announced appointment of Laurence Keen as Senior Independent Director. Laurence's skills as the CFO of Hollywood Bowl PLC have transferred this year to make him a highly effective PLC Non-Executive Board member for Tortilla and he will now take on these SID responsibilities as well as continuing to Chair the Audit Committee.
공시 • Sep 07Tortilla Mexican Grill plc to Report First Half, 2022 Results on Oct 03, 2022Tortilla Mexican Grill plc announced that they will report first half, 2022 results on Oct 03, 2022
Buying Opportunity • Sep 01Now 26% undervaluedOver the last 90 days, the stock is up 2.6%. The fair value is estimated to be €2.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to €1.63, the stock trades at a trailing P/E ratio of 40.6x. Average forward P/E is 19x in the Hospitality industry in Germany.
공시 • May 25Tortilla Mexican Grill plc (AIM:MEX) acquired Chilango Ltd from RDCP Group Ltd for £2.75 million.Tortilla Mexican Grill plc (AIM:MEX) acquired Chilango Ltd from RDCP Group Ltd for £2.75 million on May 23, 2022. The transaction was done on a debt-free and cash-free basis, with the majority of the transaction consideration used to satisfy intercompany loans and other creditors. For the 52-week period to December 26, 2021, Chilango delivered revenue of £7.3 million and loss before tax of £0.2 million. The acquisition is expected to contribute EBITDA (pre-IFRS-16) of c.£0.1 million to the Group for the remainder of FY22 and FY23 EBITDA onwards of c.£1.0 million. Andrew Godber, Edward Thomas, and Nikhil Varghese of Liberum Capital Limited acted as financial advisor to Tortilla Mexican. Tortilla Mexican Grill plc (AIM:MEX) completed the acquisition of Chilango Ltd from RDCP Group Ltd on May 23, 2022.
Board Change • Apr 27Less than half of directors are independentThere 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). CEO & Executive Director Richard Morris is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Director Laurence Keen 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.
Reported Earnings • Apr 14Full year 2021 earnings released: EPS: UK£0.035 (vs UK£4.72 loss in FY 2020)Full year 2021 results: EPS: UK£0.035 (up from UK£4.72 loss in FY 2020). Revenue: UK£48.1m (up 79% from FY 2020). Net income: UK£1.36m (up UK£3.05m from FY 2020). Profit margin: 2.8% (up from net loss in FY 2020). Over the next year, revenue is forecast to grow 19%, compared to a 115% growth forecast for the restaurants industry in Germany.
공시 • Apr 11Tortilla Mexican Grill PLC, Annual General Meeting, Jun 15, 2022Tortilla Mexican Grill PLC, Annual General Meeting, Jun 15, 2022, at 08:30 Coordinated Universal Time. Location: Liberum Capital Limited, 25 Ropemaker Street London United Kingdom
Board Change • Oct 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Laurence Keen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.