View ValuationSpaceandPeople 향후 성장Future 기준 점검 0/6현재 SpaceandPeople 의 성장과 수익을 예측할 만큼 분석가의 범위가 충분하지 않습니다.핵심 정보n/a이익 성장률n/aEPS 성장률Media 이익 성장29.9%매출 성장률n/a향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트29 Apr 2026최근 향후 성장 업데이트공시 • Oct 08SpaceandPeople plc Provides Earnings Guidance for the Financial Year Ending December 31, 2026SpaceandPeople plc provided earnings guidance for the financial year ending December 31, 2026. For the year, the group forecasts continuing revenue growth during the year ending 31 December 2026, with management anticipating revenue of £8.8 million, representing an increase of £0.5 million (6.0%) compared to fiscal year 2025.공시 • Jul 11SpaceandPeople plc Provides Revenue Guidance for the Fiscal Year 2022SpaceandPeople plc provides revenue guidance for the fiscal year 2022. The board anticipate that full year revenue of the group will be not less than £5.5 million.모든 업데이트 보기Recent updatesBoard Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Michael Brown 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. Insufficient board refreshment.공시 • May 18SpaceandPeople plc, Annual General Meeting, Jun 16, 2026SpaceandPeople plc, Annual General Meeting, Jun 16, 2026. Location: delta house, 50 west nile street, glasgow, g1 2np, United Kingdom공시 • Feb 16SpaceandPeople plc to Report Fiscal Year 2025 Results on Apr 27, 2026SpaceandPeople plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Apr 27, 2026공시 • Oct 08SpaceandPeople plc Provides Earnings Guidance for the Financial Year Ending December 31, 2026SpaceandPeople plc provided earnings guidance for the financial year ending December 31, 2026. For the year, the group forecasts continuing revenue growth during the year ending 31 December 2026, with management anticipating revenue of £8.8 million, representing an increase of £0.5 million (6.0%) compared to fiscal year 2025.공시 • Jul 23SpaceandPeople plc to Report First Half, 2025 Results on Sep 15, 2025SpaceandPeople plc announced that they will report first half, 2025 results on Sep 15, 2025공시 • Apr 16SpaceandPeople plc, Annual General Meeting, May 12, 2025SpaceandPeople plc, Annual General Meeting, May 12, 2025. Location: delta house, 50 west nile street, g1 2np, glasgow United Kingdom공시 • Feb 11+ 1 more updateSpaceandPeople plc to Report Fiscal Year 2024 Results between Apr 13, 2025 and Apr 19, 2025SpaceandPeople plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on between Apr 13, 2025 and Apr 19, 2025Reported Earnings • Sep 27First half 2024 earnings released: UK£0.097 loss per share (vs UK£0.18 loss in 1H 2023)First half 2024 results: UK£0.097 loss per share (improved from UK£0.18 loss in 1H 2023). Revenue: UK£2.93m (up 35% from 1H 2023). Net loss: UK£185.0k (loss narrowed 47% from 1H 2023).공시 • Sep 16SpaceandPeople plc to Report Q2, 2024 Results on Sep 23, 2024SpaceandPeople plc announced that they will report Q2, 2024 results on Sep 23, 2024공시 • May 19SpaceandPeople plc, Annual General Meeting, Jun 26, 2024SpaceandPeople plc, Annual General Meeting, Jun 26, 2024. Location: delta house, 50 west nile street, g1 2np, glasgow United KingdomReported Earnings • Apr 30Full year 2023 earnings released: EPS: UK£0.078 (vs UK£0.88 loss in FY 2022)Full year 2023 results: EPS: UK£0.078 (up from UK£0.88 loss in FY 2022). Revenue: UK£5.84m (up 5.6% from FY 2022). Net income: UK£148.0k (up UK£1.86m from FY 2022). Profit margin: 2.5% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses.New Risk • Apr 12New minor risk - Financial data availabilityThe 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 Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (€1.83m market cap, or US$1.95m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).공시 • Feb 19SpaceandPeople plc to Report Fiscal Year 2023 Results on Apr 29, 2024SpaceandPeople plc announced that they will report fiscal year 2023 results on Apr 29, 2024Reported Earnings • Sep 26First half 2023 earnings released: UK£0.18 loss per share (vs UK£0.16 loss in 1H 2022)First half 2023 results: UK£0.18 loss per share (further deteriorated from UK£0.16 loss in 1H 2022). Revenue: UK£2.54m (up 5.1% from 1H 2022). Net loss: UK£351.0k (loss widened 13% from 1H 2022).공시 • Sep 19SpaceandPeople plc to Report First Half, 2023 Results on Sep 25, 2023SpaceandPeople plc announced that they will report first half, 2023 results on Sep 25, 2023New Risk • Aug 22New 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 7.2% 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: Major Risks Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (€1.72m market cap, or US$1.86m). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change).공시 • Jun 09SpaceandPeople plc, Annual General Meeting, Jun 29, 2023SpaceandPeople plc, Annual General Meeting, Jun 29, 2023, at 10:00 Coordinated Universal Time. Location: The DoubleTree by Hilton, 36 Cambridge Street Glasgow United KingdomReported Earnings • Jun 02Full year 2022 earnings released: UK£0.88 loss per share (vs UK£0.088 profit in FY 2021)Full year 2022 results: UK£0.88 loss per share (down from UK£0.088 profit in FY 2021). Revenue: UK£5.53m (up 38% from FY 2021). Net loss: UK£1.71m (down UK£1.89m from profit in FY 2021).공시 • May 23SpaceandPeople plc to Report Fiscal Year 2022 Results on May 30, 2023SpaceandPeople plc announced that they will report fiscal year 2022 results on May 30, 2023Board Change • Nov 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. 5 non-independent directors. Independent Non-Executive Director Michael Brown was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Nov 01SpaceandPeople Appoints Michael Brown as Independent Non-Executive DirectorSpaceandPeople announced that Michael Brown is to join the Company's board of directors as an independent Non-Executive Director with immediate effect. Michael has over 20 years of marketing and advertising experience, launching and leading two marketing services agencies specialising in events, sports and entertainment marketing. Michael's previous business, MKTG, is a sponsorship and experiential marketing agency that operates as an extension of the Out of Home advertising space using live experience to create compelling content for wider media campaigns. He is currently founder and CEO of Asociat. Michael Brown aged 57 holds or has held the following directorships or partnerships currently are Home Kitchen Diner Community Interest Company; Asociat Ltd. and Havelok Brown Ltd.Reported Earnings • Sep 27First half 2022 earnings released: UK£0.16 loss per share (vs UK£0.073 loss in 1H 2021)First half 2022 results: UK£0.16 loss per share (further deteriorated from UK£0.073 loss in 1H 2021). Revenue: UK£2.41m (up 119% from 1H 2021). Net loss: UK£311.0k (loss widened 119% from 1H 2021).공시 • Sep 01SpaceandPeople plc Appoints John Scott as an Independent Non-Executive DirectorSpaceandPeople plc announced that John Scott is to join the Company's board of directors (the "Board") as an independent Non-Executive Director with immediate effect. John has over 25 years of retail and consumer services experience, particularly in the development and operation of international customer facing businesses. He has held senior positions in high-street brands including Debenhams (2004-17) and TM Lewin (2017-20) where he was International Director, focused on global strategic growth and business development. John is also a member of the advisory board of consumer brands research organisation IORMA Consumer Commerce Centre, advisory committee member of the charity, The Retail Trust and the advisory committee of Mapic, the global platform for retail real estate.공시 • Jul 11SpaceandPeople plc Provides Revenue Guidance for the Fiscal Year 2022SpaceandPeople plc provides revenue guidance for the fiscal year 2022. The board anticipate that full year revenue of the group will be not less than £5.5 million.Board Change • Jul 06No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. COO & Executive Director Andrew Keiller was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jun 18No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. COO & Executive Director Andrew Keiller was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.이익 및 매출 성장 예측DB:RWK0 - 애널리스트 향후 추정치 및 과거 재무 데이터 (GBP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202691N/A1112/31/20258011N/A9/30/20258012N/A6/30/20257012N/A3/31/20257011N/A12/31/20247011N/A9/30/20247011N/A6/30/20247011N/A3/31/20246011N/A12/31/20236001N/A9/30/20235-101N/A6/30/20234-201N/A3/31/20235-211N/A12/31/20225-211N/A9/30/20225-111N/A6/30/20225000N/A3/31/20225011N/A12/31/20214011N/A6/30/20213-1-1-1N/A3/31/20213-2-1-1N/A12/31/20203-3-1-1N/A6/30/20205-200N/A3/31/20206-100N/A12/31/20198000N/A9/30/201980N/A0N/A6/30/20198-1N/A0N/A3/31/20198-1N/A-1N/A12/31/20188-1N/A-1N/A9/30/201890N/A-1N/A6/30/201891N/A0N/A3/31/2018101N/A1N/A12/31/2017101N/A2N/A9/30/2017100N/A2N/A6/30/2017100N/A1N/A3/31/2017100N/A1N/A12/31/2016100N/A0N/A9/30/2016100N/A0N/A6/30/2016111N/A0N/A3/31/2016111N/A0N/A12/31/2015111N/A0N/A9/30/2015121N/A1N/A6/30/2015131N/A1N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: RWK0 의 예상 수익 증가율이 절약률(1.9%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: RWK0 의 수익이 German 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: RWK0 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: RWK0 의 수익이 German 시장보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 매출: RWK0 의 수익이 연간 20%보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: RWK0의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMedia 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/14 04:26종가2026/06/12 00:00수익2025/12/31연간 수익2025/12/31데이터 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 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스SpaceandPeople plc는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Fiona Orford-WilliamsEdison Investment ResearchRoger LeboffEquity Development LimitedRobin BydeZeus Capital Limited
공시 • Oct 08SpaceandPeople plc Provides Earnings Guidance for the Financial Year Ending December 31, 2026SpaceandPeople plc provided earnings guidance for the financial year ending December 31, 2026. For the year, the group forecasts continuing revenue growth during the year ending 31 December 2026, with management anticipating revenue of £8.8 million, representing an increase of £0.5 million (6.0%) compared to fiscal year 2025.
공시 • Jul 11SpaceandPeople plc Provides Revenue Guidance for the Fiscal Year 2022SpaceandPeople plc provides revenue guidance for the fiscal year 2022. The board anticipate that full year revenue of the group will be not less than £5.5 million.
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Michael Brown 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. Insufficient board refreshment.
공시 • May 18SpaceandPeople plc, Annual General Meeting, Jun 16, 2026SpaceandPeople plc, Annual General Meeting, Jun 16, 2026. Location: delta house, 50 west nile street, glasgow, g1 2np, United Kingdom
공시 • Feb 16SpaceandPeople plc to Report Fiscal Year 2025 Results on Apr 27, 2026SpaceandPeople plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Apr 27, 2026
공시 • Oct 08SpaceandPeople plc Provides Earnings Guidance for the Financial Year Ending December 31, 2026SpaceandPeople plc provided earnings guidance for the financial year ending December 31, 2026. For the year, the group forecasts continuing revenue growth during the year ending 31 December 2026, with management anticipating revenue of £8.8 million, representing an increase of £0.5 million (6.0%) compared to fiscal year 2025.
공시 • Jul 23SpaceandPeople plc to Report First Half, 2025 Results on Sep 15, 2025SpaceandPeople plc announced that they will report first half, 2025 results on Sep 15, 2025
공시 • Apr 16SpaceandPeople plc, Annual General Meeting, May 12, 2025SpaceandPeople plc, Annual General Meeting, May 12, 2025. Location: delta house, 50 west nile street, g1 2np, glasgow United Kingdom
공시 • Feb 11+ 1 more updateSpaceandPeople plc to Report Fiscal Year 2024 Results between Apr 13, 2025 and Apr 19, 2025SpaceandPeople plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on between Apr 13, 2025 and Apr 19, 2025
Reported Earnings • Sep 27First half 2024 earnings released: UK£0.097 loss per share (vs UK£0.18 loss in 1H 2023)First half 2024 results: UK£0.097 loss per share (improved from UK£0.18 loss in 1H 2023). Revenue: UK£2.93m (up 35% from 1H 2023). Net loss: UK£185.0k (loss narrowed 47% from 1H 2023).
공시 • Sep 16SpaceandPeople plc to Report Q2, 2024 Results on Sep 23, 2024SpaceandPeople plc announced that they will report Q2, 2024 results on Sep 23, 2024
공시 • May 19SpaceandPeople plc, Annual General Meeting, Jun 26, 2024SpaceandPeople plc, Annual General Meeting, Jun 26, 2024. Location: delta house, 50 west nile street, g1 2np, glasgow United Kingdom
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: UK£0.078 (vs UK£0.88 loss in FY 2022)Full year 2023 results: EPS: UK£0.078 (up from UK£0.88 loss in FY 2022). Revenue: UK£5.84m (up 5.6% from FY 2022). Net income: UK£148.0k (up UK£1.86m from FY 2022). Profit margin: 2.5% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses.
New Risk • Apr 12New minor risk - Financial data availabilityThe 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 Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (€1.83m market cap, or US$1.95m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
공시 • Feb 19SpaceandPeople plc to Report Fiscal Year 2023 Results on Apr 29, 2024SpaceandPeople plc announced that they will report fiscal year 2023 results on Apr 29, 2024
Reported Earnings • Sep 26First half 2023 earnings released: UK£0.18 loss per share (vs UK£0.16 loss in 1H 2022)First half 2023 results: UK£0.18 loss per share (further deteriorated from UK£0.16 loss in 1H 2022). Revenue: UK£2.54m (up 5.1% from 1H 2022). Net loss: UK£351.0k (loss widened 13% from 1H 2022).
공시 • Sep 19SpaceandPeople plc to Report First Half, 2023 Results on Sep 25, 2023SpaceandPeople plc announced that they will report first half, 2023 results on Sep 25, 2023
New Risk • Aug 22New 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 7.2% 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: Major Risks Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (€1.72m market cap, or US$1.86m). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change).
공시 • Jun 09SpaceandPeople plc, Annual General Meeting, Jun 29, 2023SpaceandPeople plc, Annual General Meeting, Jun 29, 2023, at 10:00 Coordinated Universal Time. Location: The DoubleTree by Hilton, 36 Cambridge Street Glasgow United Kingdom
Reported Earnings • Jun 02Full year 2022 earnings released: UK£0.88 loss per share (vs UK£0.088 profit in FY 2021)Full year 2022 results: UK£0.88 loss per share (down from UK£0.088 profit in FY 2021). Revenue: UK£5.53m (up 38% from FY 2021). Net loss: UK£1.71m (down UK£1.89m from profit in FY 2021).
공시 • May 23SpaceandPeople plc to Report Fiscal Year 2022 Results on May 30, 2023SpaceandPeople plc announced that they will report fiscal year 2022 results on May 30, 2023
Board Change • Nov 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. 5 non-independent directors. Independent Non-Executive Director Michael Brown was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Nov 01SpaceandPeople Appoints Michael Brown as Independent Non-Executive DirectorSpaceandPeople announced that Michael Brown is to join the Company's board of directors as an independent Non-Executive Director with immediate effect. Michael has over 20 years of marketing and advertising experience, launching and leading two marketing services agencies specialising in events, sports and entertainment marketing. Michael's previous business, MKTG, is a sponsorship and experiential marketing agency that operates as an extension of the Out of Home advertising space using live experience to create compelling content for wider media campaigns. He is currently founder and CEO of Asociat. Michael Brown aged 57 holds or has held the following directorships or partnerships currently are Home Kitchen Diner Community Interest Company; Asociat Ltd. and Havelok Brown Ltd.
Reported Earnings • Sep 27First half 2022 earnings released: UK£0.16 loss per share (vs UK£0.073 loss in 1H 2021)First half 2022 results: UK£0.16 loss per share (further deteriorated from UK£0.073 loss in 1H 2021). Revenue: UK£2.41m (up 119% from 1H 2021). Net loss: UK£311.0k (loss widened 119% from 1H 2021).
공시 • Sep 01SpaceandPeople plc Appoints John Scott as an Independent Non-Executive DirectorSpaceandPeople plc announced that John Scott is to join the Company's board of directors (the "Board") as an independent Non-Executive Director with immediate effect. John has over 25 years of retail and consumer services experience, particularly in the development and operation of international customer facing businesses. He has held senior positions in high-street brands including Debenhams (2004-17) and TM Lewin (2017-20) where he was International Director, focused on global strategic growth and business development. John is also a member of the advisory board of consumer brands research organisation IORMA Consumer Commerce Centre, advisory committee member of the charity, The Retail Trust and the advisory committee of Mapic, the global platform for retail real estate.
공시 • Jul 11SpaceandPeople plc Provides Revenue Guidance for the Fiscal Year 2022SpaceandPeople plc provides revenue guidance for the fiscal year 2022. The board anticipate that full year revenue of the group will be not less than £5.5 million.
Board Change • Jul 06No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. COO & Executive Director Andrew Keiller was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jun 18No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. COO & Executive Director Andrew Keiller was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.