View Future GrowthCPT Global 과거 순이익 실적과거 기준 점검 0/6CPT Global 의 수입은 연평균 -41.2%의 비율로 감소해 온 반면, IT 산업은 연평균 6.1%의 비율로 증가했습니다. 매출은 연평균 7.7%의 비율로 감소해 왔습니다.핵심 정보-41.17%순이익 성장률-40.43%주당순이익(EPS) 성장률IT 산업 성장률13.97%매출 성장률-7.68%자기자본이익률-149.90%순이익률-3.05%최근 순이익 업데이트30 Jun 2025최근 과거 실적 업데이트Reported Earnings • Oct 01Full year 2024 earnings released: AU$0.038 loss per share (vs AU$0.049 loss in FY 2023)Full year 2024 results: AU$0.038 loss per share (improved from AU$0.049 loss in FY 2023). Revenue: AU$20.7m (down 26% from FY 2023). Net loss: AU$1.59m (loss narrowed 23% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.Reported Earnings • Sep 01Full year 2024 earnings released: AU$2.95 loss per share (vs AU$0.049 loss in FY 2023)Full year 2024 results: AU$2.95 loss per share. Revenue: AU$20.7m (down 26% from FY 2023). Net loss: AU$1.23m (loss narrowed 40% from FY 2023).Reported Earnings • Oct 02Full year 2023 earnings released: AU$0.049 loss per share (vs AU$0.035 profit in FY 2022)Full year 2023 results: AU$0.049 loss per share (down from AU$0.035 profit in FY 2022). Revenue: AU$28.1m (down 6.0% from FY 2022). Net loss: AU$2.06m (down 240% from profit in FY 2022).Reported Earnings • Sep 01Full year 2023 earnings released: AU$0.049 loss per share (vs AU$0.035 profit in FY 2022)Full year 2023 results: AU$0.049 loss per share (down from AU$0.035 profit in FY 2022). Revenue: AU$28.1m (down 6.0% from FY 2022). Net loss: AU$2.06m (down 240% from profit in FY 2022).모든 업데이트 보기Recent updates공시 • Feb 17CPT Global Limited Announces Resignation of Deborah Hadwen as Non-Executive Director and Chair of Audit & Risk Committee, Effective February 16, 2026CPT Global Limited announced that Deborah Hadwen has resigned from the Board as Non-Executive Director and Chair of the Audit & Risk Committee with effect from February 16, 2026. Deborah Hadwen served as a Non-Executive Director and Chair of the Audit & Risk Committee. Deborah’s contribution to the Board, the Audit & Risk Committee and the Company during her appointment as Non-Executive Director has been significant.공시 • Oct 14CPT Global Limited, Annual General Meeting, Nov 14, 2025CPT Global Limited, Annual General Meeting, Nov 14, 2025. Location: at the office of cpt global limited, level 3, 818 bourke street, docklands, victoria 3008, Australia공시 • Oct 18CPT Global Limited, Annual General Meeting, Nov 20, 2024CPT Global Limited, Annual General Meeting, Nov 20, 2024. Location: at the office of cpt global limited, level 3, 818 bourke street, docklands, victoria 3008, AustraliaBuy Or Sell Opportunity • Oct 11Now 29% undervaluedOver the last 90 days, the stock has risen 19% to €0.035. The fair value is estimated to be €0.049, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Oct 01Full year 2024 earnings released: AU$0.038 loss per share (vs AU$0.049 loss in FY 2023)Full year 2024 results: AU$0.038 loss per share (improved from AU$0.049 loss in FY 2023). Revenue: AU$20.7m (down 26% from FY 2023). Net loss: AU$1.59m (loss narrowed 23% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Sep 27Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to €0.02. The fair value is estimated to be €0.026, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Sep 10Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 62% to €0.018. The fair value is estimated to be €0.025, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Sep 01Full year 2024 earnings released: AU$2.95 loss per share (vs AU$0.049 loss in FY 2023)Full year 2024 results: AU$2.95 loss per share. Revenue: AU$20.7m (down 26% from FY 2023). Net loss: AU$1.23m (loss narrowed 40% from FY 2023).공시 • May 08CPT Global Limited Appoints Gerry Tuddenham as Head of APACCPT Global Limited announced that effective immediately, Founder and Executive Director Gerry Tuddenham, will be resuming the local leadership of CPT Global's APAC business. Gerry will split his 3 days per week across existing responsibilities as well as steering operations in the APAC market, supported by experienced executive team. This will provide me with the bandwidth to focus on exploring growth prospects in the northern region to strategically position the company for continued success on a global front.공시 • Feb 29CPT Global Limited Announces Executive ChangesCPT Global Limited announce the appointment of Nathan Marburg as Company Secretary. Mark Licciardo of Acclime Corporate Services has resigned as Company Secretary with effect from 29 February 2024. CPT Global further advises, in accordance with Listing Rule 12.6, that Nathan is now the person responsible for communications with ASX in relation to ASX Listing Rule matters.New Risk • Feb 29New major risk - Revenue and earnings growthEarnings have declined by 3.8% 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 (31% average weekly change). Earnings have declined by 3.8% per year over the past 5 years. Market cap is less than US$10m (€2.64m market cap, or US$2.86m).공시 • Oct 25CPT Global Limited Announces Management ChangesCPT Global Limited announced that Mr. Fred Grimwade will retire as Chairman and as a Non-Executive Director, effective immediately following the CPT Global 2023 Annual General Meeting to be held on Wednesday 22 November 2023. Mr. Steve Targett, who joined the Board on 24 January 2023, will become Chairman of the CPT Global Board effective from 22 November 2023. Mr. Targett’s appointment to the CPT Global Board was announced on 24 January 2023. Mr. Targett is an experienced Chair, Director, CEO and Executive across the banking and financial services sectors including executive roles over seven years heading the wholesale banking divisions of NAB, Lloyds Bank and ANZ. In addition to his Non-Executive Chairman’s and Director role at Pioneer Credit Limited, Mr. Targett serves as Chair of P&N Bank Group (having resigned from this role as director and Chairman with effect from 11 December 2023) and his previous Chair and/or directorships include Lloyds Bank in the UK, National Australia Group Europe, National Bank of New Zealand, KVB Wealth Management and Cuscal Limited. Mr. Targett, who is a member of the Australian Institute of Company Directors, was also previously Chairman of the Australian Financial Markets Association and was the only Australian elected to the Board of the New York-based International Swaps and Derivatives Association.공시 • Oct 20CPT Global Limited, Annual General Meeting, Nov 22, 2023CPT Global Limited, Annual General Meeting, Nov 22, 2023, at 11:01 AUS Eastern Standard Time. Location: Level 3, 818 Bourke Street Docklands Victoria Australia Agenda: To consider the Annual Report, Financial Report and the Reports of the Directors and of the Auditor for the year ended 30 June 2023; to consider adoption of remuneration report; to consider election of Mr. Steve Targett as a director; to consider election of Ms. Deborah Hadwen as a director; to consider grant of performance rights to Mr. Luke Tuddenham for FY 23 and FY 24; to consider approval of the CPT Global Limited Rights Plan.Reported Earnings • Oct 02Full year 2023 earnings released: AU$0.049 loss per share (vs AU$0.035 profit in FY 2022)Full year 2023 results: AU$0.049 loss per share (down from AU$0.035 profit in FY 2022). Revenue: AU$28.1m (down 6.0% from FY 2022). Net loss: AU$2.06m (down 240% from profit in FY 2022).Reported Earnings • Sep 01Full year 2023 earnings released: AU$0.049 loss per share (vs AU$0.035 profit in FY 2022)Full year 2023 results: AU$0.049 loss per share (down from AU$0.035 profit in FY 2022). Revenue: AU$28.1m (down 6.0% from FY 2022). Net loss: AU$2.06m (down 240% from profit in FY 2022).Buying Opportunity • Aug 31Now 37% undervalued after recent price dropOver the last 90 days, the stock is down 59%. The fair value is estimated to be €0.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Aug 28New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 (17% average weekly change). High level of non-cash earnings (180% accrual ratio). Market cap is less than US$10m (€5.35m market cap, or US$5.78m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.8% net profit margin).Board Change • Jul 26Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Fred Grimwade was the last independent director to join the board, commencing their role in 2004. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.매출 및 비용 세부 내역CPT Global가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:714 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비30 Jun 2523-117031 Mar 2522-216031 Dec 2421-216030 Sep 2421-216030 Jun 2421-216031 Mar 2422-217031 Dec 2323-218030 Sep 2326-220030 Jun 2328-222031 Mar 2329-123031 Dec 2230124030 Sep 2230123030 Jun 2230123031 Mar 2231223031 Dec 2131224030 Sep 2132324030 Jun 2133325031 Mar 2132323031 Dec 2031322030 Sep 2028020030 Jun 2025-319031 Mar 2025-318031 Dec 1925-318030 Sep 1927-120030 Jun 1928121031 Mar 1930122031 Dec 1831123030 Sep 1831123030 Jun 1831124031 Mar 1829023031 Dec 1728-123030 Sep 1727-123030 Jun 1727-122031 Mar 1729-223031 Dec 1630-223030 Sep 1630-324030 Jun 1629-424031 Mar 1627-623031 Dec 1526-723030 Sep 1527-623030 Jun 1528-5240양질의 수익: 714 은(는) 현재 수익성이 없습니다.이익 마진 증가: 714는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 714은 수익성이 없으며 지난 5년 동안 손실이 연평균 41.2% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 714의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 714은 수익성이 없어 지난 해 수익 성장률을 IT 업계(4.2%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 714는 현재 수익성이 없으므로 자본 수익률이 음수(-149.9%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 08:05종가2026/02/27 00:00수익2025/06/30연간 수익2025/06/30데이터 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 소스CPT Global Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Oct 01Full year 2024 earnings released: AU$0.038 loss per share (vs AU$0.049 loss in FY 2023)Full year 2024 results: AU$0.038 loss per share (improved from AU$0.049 loss in FY 2023). Revenue: AU$20.7m (down 26% from FY 2023). Net loss: AU$1.59m (loss narrowed 23% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
Reported Earnings • Sep 01Full year 2024 earnings released: AU$2.95 loss per share (vs AU$0.049 loss in FY 2023)Full year 2024 results: AU$2.95 loss per share. Revenue: AU$20.7m (down 26% from FY 2023). Net loss: AU$1.23m (loss narrowed 40% from FY 2023).
Reported Earnings • Oct 02Full year 2023 earnings released: AU$0.049 loss per share (vs AU$0.035 profit in FY 2022)Full year 2023 results: AU$0.049 loss per share (down from AU$0.035 profit in FY 2022). Revenue: AU$28.1m (down 6.0% from FY 2022). Net loss: AU$2.06m (down 240% from profit in FY 2022).
Reported Earnings • Sep 01Full year 2023 earnings released: AU$0.049 loss per share (vs AU$0.035 profit in FY 2022)Full year 2023 results: AU$0.049 loss per share (down from AU$0.035 profit in FY 2022). Revenue: AU$28.1m (down 6.0% from FY 2022). Net loss: AU$2.06m (down 240% from profit in FY 2022).
공시 • Feb 17CPT Global Limited Announces Resignation of Deborah Hadwen as Non-Executive Director and Chair of Audit & Risk Committee, Effective February 16, 2026CPT Global Limited announced that Deborah Hadwen has resigned from the Board as Non-Executive Director and Chair of the Audit & Risk Committee with effect from February 16, 2026. Deborah Hadwen served as a Non-Executive Director and Chair of the Audit & Risk Committee. Deborah’s contribution to the Board, the Audit & Risk Committee and the Company during her appointment as Non-Executive Director has been significant.
공시 • Oct 14CPT Global Limited, Annual General Meeting, Nov 14, 2025CPT Global Limited, Annual General Meeting, Nov 14, 2025. Location: at the office of cpt global limited, level 3, 818 bourke street, docklands, victoria 3008, Australia
공시 • Oct 18CPT Global Limited, Annual General Meeting, Nov 20, 2024CPT Global Limited, Annual General Meeting, Nov 20, 2024. Location: at the office of cpt global limited, level 3, 818 bourke street, docklands, victoria 3008, Australia
Buy Or Sell Opportunity • Oct 11Now 29% undervaluedOver the last 90 days, the stock has risen 19% to €0.035. The fair value is estimated to be €0.049, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Oct 01Full year 2024 earnings released: AU$0.038 loss per share (vs AU$0.049 loss in FY 2023)Full year 2024 results: AU$0.038 loss per share (improved from AU$0.049 loss in FY 2023). Revenue: AU$20.7m (down 26% from FY 2023). Net loss: AU$1.59m (loss narrowed 23% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Sep 27Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to €0.02. The fair value is estimated to be €0.026, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Sep 10Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 62% to €0.018. The fair value is estimated to be €0.025, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Sep 01Full year 2024 earnings released: AU$2.95 loss per share (vs AU$0.049 loss in FY 2023)Full year 2024 results: AU$2.95 loss per share. Revenue: AU$20.7m (down 26% from FY 2023). Net loss: AU$1.23m (loss narrowed 40% from FY 2023).
공시 • May 08CPT Global Limited Appoints Gerry Tuddenham as Head of APACCPT Global Limited announced that effective immediately, Founder and Executive Director Gerry Tuddenham, will be resuming the local leadership of CPT Global's APAC business. Gerry will split his 3 days per week across existing responsibilities as well as steering operations in the APAC market, supported by experienced executive team. This will provide me with the bandwidth to focus on exploring growth prospects in the northern region to strategically position the company for continued success on a global front.
공시 • Feb 29CPT Global Limited Announces Executive ChangesCPT Global Limited announce the appointment of Nathan Marburg as Company Secretary. Mark Licciardo of Acclime Corporate Services has resigned as Company Secretary with effect from 29 February 2024. CPT Global further advises, in accordance with Listing Rule 12.6, that Nathan is now the person responsible for communications with ASX in relation to ASX Listing Rule matters.
New Risk • Feb 29New major risk - Revenue and earnings growthEarnings have declined by 3.8% 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 (31% average weekly change). Earnings have declined by 3.8% per year over the past 5 years. Market cap is less than US$10m (€2.64m market cap, or US$2.86m).
공시 • Oct 25CPT Global Limited Announces Management ChangesCPT Global Limited announced that Mr. Fred Grimwade will retire as Chairman and as a Non-Executive Director, effective immediately following the CPT Global 2023 Annual General Meeting to be held on Wednesday 22 November 2023. Mr. Steve Targett, who joined the Board on 24 January 2023, will become Chairman of the CPT Global Board effective from 22 November 2023. Mr. Targett’s appointment to the CPT Global Board was announced on 24 January 2023. Mr. Targett is an experienced Chair, Director, CEO and Executive across the banking and financial services sectors including executive roles over seven years heading the wholesale banking divisions of NAB, Lloyds Bank and ANZ. In addition to his Non-Executive Chairman’s and Director role at Pioneer Credit Limited, Mr. Targett serves as Chair of P&N Bank Group (having resigned from this role as director and Chairman with effect from 11 December 2023) and his previous Chair and/or directorships include Lloyds Bank in the UK, National Australia Group Europe, National Bank of New Zealand, KVB Wealth Management and Cuscal Limited. Mr. Targett, who is a member of the Australian Institute of Company Directors, was also previously Chairman of the Australian Financial Markets Association and was the only Australian elected to the Board of the New York-based International Swaps and Derivatives Association.
공시 • Oct 20CPT Global Limited, Annual General Meeting, Nov 22, 2023CPT Global Limited, Annual General Meeting, Nov 22, 2023, at 11:01 AUS Eastern Standard Time. Location: Level 3, 818 Bourke Street Docklands Victoria Australia Agenda: To consider the Annual Report, Financial Report and the Reports of the Directors and of the Auditor for the year ended 30 June 2023; to consider adoption of remuneration report; to consider election of Mr. Steve Targett as a director; to consider election of Ms. Deborah Hadwen as a director; to consider grant of performance rights to Mr. Luke Tuddenham for FY 23 and FY 24; to consider approval of the CPT Global Limited Rights Plan.
Reported Earnings • Oct 02Full year 2023 earnings released: AU$0.049 loss per share (vs AU$0.035 profit in FY 2022)Full year 2023 results: AU$0.049 loss per share (down from AU$0.035 profit in FY 2022). Revenue: AU$28.1m (down 6.0% from FY 2022). Net loss: AU$2.06m (down 240% from profit in FY 2022).
Reported Earnings • Sep 01Full year 2023 earnings released: AU$0.049 loss per share (vs AU$0.035 profit in FY 2022)Full year 2023 results: AU$0.049 loss per share (down from AU$0.035 profit in FY 2022). Revenue: AU$28.1m (down 6.0% from FY 2022). Net loss: AU$2.06m (down 240% from profit in FY 2022).
Buying Opportunity • Aug 31Now 37% undervalued after recent price dropOver the last 90 days, the stock is down 59%. The fair value is estimated to be €0.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Aug 28New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 (17% average weekly change). High level of non-cash earnings (180% accrual ratio). Market cap is less than US$10m (€5.35m market cap, or US$5.78m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.8% net profit margin).
Board Change • Jul 26Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Fred Grimwade was the last independent director to join the board, commencing their role in 2004. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.