공시 • Dec 23
Alpha Growth plc to Report Fiscal Year 2023 Results on Mar 31, 2025 Alpha Growth plc announced that they will report fiscal year 2023 results at 8:00 AM, GMT Standard Time on Mar 31, 2025 공시 • Dec 12
Alpha Growth plc Appoints Lynne Martel as an Independent Non-Executive Director and as a Member of the Audit Committee Alpha Growth plc announced that Lynne Martel has agreed to join the Board as an Independent Non-executive Director with immediate effect and will also become a member of the Audit Committee. Lynne has over 30 years' experience in wealth and asset management. Lynne currently serves on the board of Alpha International Life Assurance Company (Guernsey) Ltd. and was formerly on the board of Havelet Assignment Company Ltd, two of the Company's subsidiaries. Lynne's appointment to the Board shows the Company's commitment to bring expertise along with efforts to add diversity and enhance its corporate governance as it moves towards its next stage of growth. Lynne brings a wealth of experience in banking and asset management from her past senior executive positions at State Street Bank and Trust, Citigroup, and Fidelity Investments. New Risk • Sep 17
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -UK£6.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-UK£6.6m free cash flow). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (€11.4m market cap, or US$12.6m). New Risk • Jul 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.90m (US$9.74m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Market cap is less than US$10m (€8.90m market cap, or US$9.74m). Reported Earnings • May 03
Full year 2023 earnings released: UK£0.002 loss per share (vs UK£0.007 profit in FY 2022) Full year 2023 results: UK£0.002 loss per share (down from UK£0.007 profit in FY 2022). Net loss: UK£1.36m (down 143% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. New Risk • Apr 16
New minor risk - Financial data availability The 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 (15% average weekly change). High level of non-cash earnings (85% accrual ratio). Market cap is less than US$10m (€6.30m market cap, or US$6.70m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Reported Earnings • Oct 02
First half 2023 earnings released: UK£0.001 loss per share (vs UK£0.001 loss in 1H 2022) First half 2023 results: UK£0.001 loss per share (in line with 1H 2022). Revenue: UK£2.50m (up 53% from 1H 2022). Net loss: UK£358.5k (loss narrowed 21% from 1H 2022). 공시 • Jun 06
Alpha Growth plc, Annual General Meeting, Jun 16, 2023 Alpha Growth plc, Annual General Meeting, Jun 16, 2023. Location: offices of Allenby Capital Limited,5th Floor, St Helen's Place, London EC3A 6AB London: United Kingdom 공시 • Dec 13
Alpha Growth plc (LSE:ALGW) completed the acquisition of Havelet Assignment Company Limited. Alpha Growth plc (LSE:ALGW) signed a share purchase agreement to acquire Havelet Assignment Company Limited on November 17, 2022. The deal is expected to be completed by November 30, 2022.
Alpha Growth plc (LSE:ALGW) completed the acquisition of Havelet Assignment Company Limited on December 12, 2022. 공시 • Sep 08
Alpha Growth plc Announces Executive Changes Alpha Growth Plc announced that Chad Schafer will be joining the executive team of the Company as Head of Affiliated Funds on September 26th. This role reports directly into Alpha Growth's Executive Chairman, Gobind Sahney, and gives Chad overall responsibility for Alpha's fund business at this important stage in evolution. Chad held leadership positions within Wells Fargo Bank over the past 15 years and joined Computershare Trust Company when they acquired his business unit in November 2021. He is a recognised expert in structured securities. During his time at Wells Fargo Bank and latterly Computershare, Chad was actively involved in managing deal negotiations of complex securitizations for life and structured settlement transactions as well as a multitude of other asset classes. Other core responsibilities included managing relationships with investment banks, finance companies, law firms, rating agencies and credit providers to generate significant new opportunities. On average, Chad was responsible for closing over 50 Securitizations and Credit Facilities per year - with facilities ranging in size from $40 million to over $1 billion. The Company believes Chad's background, experience and impressive network make him ideally placed to supercharge the growth of Alpha Growth's fund business. 공시 • May 31
Alpha Growth plc, Annual General Meeting, Jun 20, 2022 Alpha Growth plc, Annual General Meeting, Jun 20, 2022. Board Change • Apr 27
Less than half of directors are independent 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. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Jason Sutherland 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. 공시 • Feb 22
Alpha Growth plc Appoints Mark Ward as a Strategic Advisor Alpha Growth Plc announced the appointment of Mark Ward as a Strategic Advisor to the Company. Mark founded UK-based technology services provider Hunter Macdonald in 2013 and led its growth to circa 500 employees globally, its clients included public sector organizations such as HM Treasury, the Ministry of Defence and the Home Office, as well as private sector companies such as RBS, Airbus and Rolls-Royce . 공시 • Mar 06
Alpha Growth plc, Annual General Meeting, Mar 05, 2021 Alpha Growth plc, Annual General Meeting, Mar 05, 2021. 