공시 • Nov 19
Webis Holdings plc Provides Earnings Guidance for the Second Half of 2024 Webis Holdings plc provided earnings guidance for the second half of 2024. Furthermore, as announced by the Company in its update on 26 July 2024, optimism that trading would improve in line with expectations in the second half of the year, did not prove to be the case as anticipated improvement in B2C performance did not happen, exacerbated by unprecedented race meeting cancellations throughout the US due to weather disruption. Accordingly, the Company notified shareholders that losses in the second half of the year were expected to be broadly commensurate with those in the first half. New Risk • Sep 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended November 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 (236% average daily change). Earnings have declined by 7.7% per year over the past 5 years. Market cap is less than US$10m (€3.26m market cap, or US$3.61m). Minor Risk Latest financial reports are more than 6 months old (reported November 2023 fiscal period end). 공시 • Jul 10
Webis Holdings plc Appoints James (Jim) Mellon as A Non-Executive Director Webis Holdings plc announced the appointment of Mr. James (Jim) Mellon as a non-executive director of the group. Jim is a well-known entrepreneur, investor, and author. His interests include biopharma, life sciences, property, mining, and financial services amongst others. Jim is an honorary Fellow of Oriel College, Oxford and holds a master's degree in Politics, Philosophy and Economics from Oxford University. Jim is the beneficial owner of and Chairman of Burnbrae Group Limited. He has held the following directorships and/or partnerships in the past five years: Current: Acruity Limited; Agronomics Investment Holdings Limited; Agronomics Limited; Albany Management Limited; American Federation of Aging Research; Big Group Limited; Bradda Head International Limited; Bradda Head Limited; Bradda Head Lithium Limited; Buck Institute for Research on Aging; Burnbrae Germany East GmbH; Burnbrae Germany Limited; Burnbrae Germany Operations GmbH; Burnbrae Germany West GmbH; Burnbrae Group Limited; Burnbrae Limited; Burnbrae Mitte GmbH; Burnbrae Sachsen GmbH; Calabrese Holdings Limited; Clean Air Capital Limited; Clean Food Group Limited; Compedica Holdings Limited; Condor Gold Plc; Good Dog Food Limited. Past: Binary Group Ltd; Binary Investments (Europe) Limited; Binary Limited; Biogerontology Research Foundation; Calabrese Holdings Limited; Extreme Opportunities Limited; Fast Forward Innovations Limited; Ferrum Limited; Fixed-Odds Capital (Cook Islands) Ltd; Global Glory Investment Limited; Insilico Medicine Cayman Subco; Insilico Medicine Cayman Topco; Insilico Medicine Hong Kong Limited; Insilico Medicine Inc.; Interman (Hong Kong) Limited; Plethora Solutions Holdings plc; Regent Corporate Finance Limited; Regent Fund Management (Asia) Limited; Regent Fund Management Limited; Regent Metals Holdings Limited; Shaanxi Red Dragon Resources Ltd; Speymill Deutsche Immobilien plc; Speymill Property Group (UK) Limited; Wielandstrasse 5 Objekt GmbH. New Risk • Feb 28
New major risk - Revenue and earnings growth Earnings have declined by 7.7% 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 Share price has been highly volatile over the past 3 months (390% average daily change). Earnings have declined by 7.7% per year over the past 5 years. Market cap is less than US$10m (€5.75m market cap, or US$6.23m). 공시 • Dec 01
Webis Holdings plc, Annual General Meeting, Jan 30, 2024 Webis Holdings plc, Annual General Meeting, Jan 30, 2024, at 10:00 Coordinated Universal Time. Location: The Claremont Hotel, 18/19 Loch Promenade, Douglas Isle of Man Reported Earnings • Dec 01
Full year 2023 earnings released: US$0.19 loss per share (vs US$0.001 loss in FY 2022) Full year 2023 results: US$0.19 loss per share (further deteriorated from US$0.001 loss in FY 2022). Revenue: US$50.0m (down 6.7% from FY 2022). Net loss: US$745.0k (loss widened 99% from FY 2022). New Risk • Nov 30
New major risk - Revenue and earnings growth Revenue has declined by 3.6% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Share price has been highly volatile over the past 3 months (249% average daily change). Revenue has declined by 3.6% over the past year. Market cap is less than US$10m (€5.01m market cap, or US$5.47m). Minor Risk Latest financial reports are more than 6 months old (reported November 2022 fiscal period end). 공시 • Sep 17
Webis Holdings plc announced that it expects to receive £0.75 million in funding from Galloway Ltd. Webis Holdings plc announced a private placement of convertible notes for the gross proceeds of £750,000 on September 15, 2023. The notes will be convertible into ordinary shares of the company at a conversion price of £0.01. The notes will have a coupon rate of 11% per annum. The transaction will include participation from new investor, Galloway Ltd. New Risk • Aug 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended November 2022. 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 (191% average daily change). Market cap is less than US$10m (€7.33m market cap, or US$7.92m). Minor Risk Latest financial reports are more than 6 months old (reported November 2022 fiscal period end). 공시 • Jul 06
Webis Holdings plc Reports the Death of Senior Independent Non-Executive Director Sir James (Jimmy) Mellon Kcmg Webis Holdings plc reported the death of Senior Independent Non-Executive Director Sir James (Jimmy) Mellon KCMG, aged 94. His fellow Board members and his colleagues are all deeply saddened by his passing. Jimmy, appointed in April 2016 as the Group's Senior Independent Non-Executive Director and Chairman of the Audit, Risk and Compliance Committee, provided the Board with the benefit of his extensive experience in commercial matters, regulation, and governance. Reported Earnings • Feb 26
First half 2023 earnings released: US$0.001 loss per share (vs US$0 in 1H 2022) First half 2023 results: US$0.001 loss per share (further deteriorated from US$0 in 1H 2022). Revenue: US$6.23m (down 8.4% from 1H 2022). Net loss: US$325.0k (loss widened 364% from 1H 2022). Reported Earnings • Dec 03
Full year 2022 earnings released: US$0.001 loss per share (vs US$0.002 profit in FY 2021) Full year 2022 results: US$0.001 loss per share (down from US$0.002 profit in FY 2021). Revenue: US$53.6m (down 3.7% from FY 2021). Net loss: US$374.0k (down 145% from profit in FY 2021). 공시 • Nov 29
Webis Holdings plc, Annual General Meeting, Jan 30, 2023 Webis Holdings plc, Annual General Meeting, Jan 30, 2023, at 10:00 Coordinated Universal Time. Location: The Claremont Hotel, 18/19 Loch Promenade Douglas Isle of Man Board Change • Nov 16
Less than half of directors are independent Following 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. 3 non-independent directors. Independent Non-Executive Director Rich Roberts 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. Board Change • Aug 11
Less than half of directors are independent Following 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. 3 non-independent directors. Independent Non-Executive Director Rich Roberts 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. 공시 • Aug 09
Webis Holdings plc Appoints Katie May Errock as Non-Executive Director The Board of Webis Holdings plc announced the appointment of Ms Katie Errock as a Non-Executive Director of the Company following regulatory approval from the Isle of Man Gambling Supervision Commission. Ms Errock, currently Company Secretary for the Group and its subsidiary companies, has extensive experience in compliance, regulation and corporate governance. She is an associate of the Chartered Institute for Securities and Investment ("CISI") and is President of the Isle of Man chapter. Ms Errock is also the Company Secretary for a number of other companies controlled by Burnbrae Group Limited. Katie May Errock (age 35) has held no directorships and/or partnerships in the past five years. Reported Earnings • Feb 24
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: US$0 (down from US$0.002 in 1H 2021). Revenue: US$6.80m (down 8.5% from 1H 2021). Net loss: US$70.0k (down 110% from profit in 1H 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst estimates. Reported Earnings • Nov 30
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.002 (up from US$0.001 loss in FY 2020). Revenue: US$55.7m (up 28% from FY 2020). Net income: US$824.0k (up US$1.11m from FY 2020). Profit margin: 1.5% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates.