New Risk • Jun 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Less than 1 year of cash runway based on free cash flow trend (-UK£5.0m free cash flow). Share price has been highly volatile over the past 3 months (45% average weekly change). Market cap is less than US$10m (€230.5k market cap, or US$247.6k). Minor Risk Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). 공시 • May 05
Itsarm Proposes Cancellation of Its Admission to Trading on AIM Expected from 26 May 2023 Itsarm plc announced an update in relation to the timetable for the proposed cancellation of its admission to trading on AIM (Cancellation) and the general meeting of the Company scheduled for 12 May 2023 (General Meeting). In the Company's corporate update announcement of 26 April 2023, it was announced that assuming the passing of the resolution to approve the Cancellation (Cancellation Resolution) at the General Meeting, it was expected that Cancellation would take place on or around 26 May 2023. The Cancellation becomes effective on 30 May 2023. Recent Insider Transactions • Feb 23
Insider recently bought €70k worth of stock On the 16th of February, Andrew Batchelor bought around 1m shares on-market at roughly €0.07 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth €299k. Insiders have collectively bought €561k more in shares than they have sold in the last 12 months. Board Change • Feb 14
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. 4 non-independent directors. CFO & Director Rich Monaghan was the last 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. Recent Insider Transactions • Feb 01
Insider recently bought €299k worth of stock On the 26th of January, Naimur rahman bought around 4m shares on-market at roughly €0.085 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. 공시 • Jan 21
In The Style Group Plc Provides Earnings Guidance for the Fiscal Year 2023 In The Style Group Plc provided earnings guidance for the fiscal year 2023. The company now expect revenue for the full year to be in the region of £46 million reflecting market-wide cost-of-living pressures on consumer demand, higher levels of markdowns and a reduction in wholesale demand. Reported Earnings • Dec 09
First half 2023 earnings released: UK£0.06 loss per share (vs UK£0.017 profit in 1H 2022) First half 2023 results: UK£0.06 loss per share (down from UK£0.017 profit in 1H 2022). Revenue: UK£26.6m (down 11% from 1H 2022). Net loss: UK£3.15m (down 454% from profit in 1H 2022). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Online Retail industry in Germany. 공시 • Dec 08
In The Style Group Plc Announces CEO Changes In The Style Group Plc announced that Sam Perkins has informed the Board of his intention to step down as Group Chief Executive Officer ("CEO"). Sam will leave In The Style on 31 December 2022. During Sam's tenure as CEO, the Group has developed and begun to implement several strategic initiatives to support the Group's future growth. Adam Frisby, the Company's founder, will return to the role of CEO on an interim basis. Adam led the Group as CEO for nine years until January 2022. Since then, Adam has held the role of Chief Brand Officer, with responsibility for developing the Group's influencer partnerships and the brand's creative direction. 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. 4 non-independent directors. CFO & Director Rich Monaghan was the last 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 • Aug 06
In The Style Group Plc, Annual General Meeting, Sep 23, 2022 In The Style Group Plc, Annual General Meeting, Sep 23, 2022, at 08:30 Coordinated Universal Time. Location: Radisson Edwardian, Free Trade Hall, Peter Street, Manchester, Manchester M2 5GP Manchaster United Kingdom Agenda: Annual General Meeting. Reported Earnings • Jul 20
Full year 2022 earnings released: UK£0.025 loss per share (vs UK£0.004 profit in FY 2021) Full year 2022 results: UK£0.025 loss per share (down from UK£0.004 profit in FY 2021). Revenue: UK£57.3m (up 28% from FY 2021). Net loss: UK£1.33m (down 313% from profit in FY 2021). Over the next year, revenue is forecast to grow 7.3%, compared to a 33% growth forecast for the retail industry in Germany. 공시 • Jul 20
In The Style Group Plc to Report Fiscal Year 2022 Results on Jul 19, 2022 In The Style Group Plc announced that they will report fiscal year 2022 results on Jul 19, 2022 Board Change • May 03
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Non-Executive Director Matt Scaife was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Jan 19
In the Style Group plc Provides Earning Guidance for the Financial Year Ended 31 March 2022 In The Style Group Plc provided earning guidance for the financial year ended 31 March 2022. The Group anticipates achieving strong revenue growth for the financial year ended 31 March 2022 (FY22) in the range of £55 million to £57 million, in line with market expectations. Reported Earnings • Dec 16
First half 2022 earnings released First half 2022 results: Revenue: (flat on 1H 2021). Net income: (flat on 1H 2021). Profit margin: (in line with 1H 2021). Over the next year, revenue is forecast to grow 22%, compared to a 52% growth forecast for the industry in Germany. Reported Earnings • Sep 05
Full year 2021 earnings released: EPS UK£0.004 (vs UK£0.014 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£44.7m (up 132% from FY 2020). Net income: UK£625.0k (up UK£2.78m from FY 2020). Profit margin: 1.4% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. 공시 • Apr 29
In The Style Group Plc Provides Revenue Guidance for the Full Year Ended March 31, 2021 In The Style Group Plc provided revenue guidance for the full year ended March 31, 2021. For the period, the company delivered a very strong performance during the period with expected turnover of no lower than £44.5 million, a year on year increase of more than 130%. 