공시 • Sep 27
Fulcrum Utility Services Limited's Shareholders Approve Cancellation of the Admission of the Ordinary Shares to Trading on AIM Fulcrum Utility Services Limited announced that the shareholders approved cancellation of the admission of the Ordinary Shares to trading on AIM. Accordingly, the last day of dealings in the Company's Ordinary Shares on AIM will be 3 October 2023 and Cancellation will become effective at 7.00 a.m. on 4 October 2023. 공시 • Sep 19
Fulcrum Utility Services Limited, Annual General Meeting, Sep 26, 2023 Fulcrum Utility Services Limited, Annual General Meeting, Sep 26, 2023, at 11:00 Coordinated Universal Time. 공시 • Aug 22
Fulcrum Utility Services Announces Proposed AIM Cancellation of Ordinary Shares Fulcrum Utility Services Limited announced the proposed cancellation of admission to trading on AIM of its ordinary shares of 0.1p each ("Ordinary Shares") (the "Cancellation"), and the adoption of amended and restated memorandum and articles of association (the "Amended Articles") (together, the "Proposals"). The Directors have undertaken a review to evaluate the advantages and disadvantages to the Company and its Shareholders of retaining the admission to trading on AIM of the Company's Ordinary Shares. This review has included, amongst other matters, the Company's limited prospects of raising additional equity financing on AIM given its current investor base, the limited trading in the Company's Ordinary Shares, the significant cost associated with maintaining the Company's admission to trading on AIM and the management time and the legal and regulatory burden associated with being a quoted company. As a result, the Directors have concluded that the Proposals are in the best interests of the Company and its Shareholders as a whole. The Proposals are subject to Shareholder approval and accordingly, a circular will be sent to Shareholders and will be made available on the Company's website today, setting out the background to and reasons for the Proposals (the "Circular") and which will contain a notice convening a general meeting (the "General Meeting") at which Shareholders will be invited to consider and, if thought fit, approve the resolutions to implement the Proposals. Extracts of the Circular can be found in Appendix 1 to this announcement. New Risk • Jun 17
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 Earnings have declined by 79% per year over the past 5 years. Market cap is less than US$10m (€4.10m market cap, or US$4.48m). Minor Risk Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). 공시 • May 04
Fulcrum Utility Services Limited, Annual General Meeting, May 23, 2023 Fulcrum Utility Services Limited, Annual General Meeting, May 23, 2023, at 11:00 Coordinated Universal Time. Location: offices of the Company, 2 Europa V, Sheffield,1XH S9 Sheffield United Kingdom Agenda: To consider increase of the authorized share capital; to discuss the authority of allot shares; to discuss disapplication of pre-emption rights; and to discuss other matters. Board Change • Dec 20
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Jenn Babington is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 15
First half 2023 earnings released: UK£0.052 loss per share (vs UK£0.005 loss in 1H 2022) First half 2023 results: UK£0.052 loss per share (further deteriorated from UK£0.005 loss in 1H 2022). Revenue: UK£23.9m (down 16% from 1H 2022). Net loss: UK£20.7m (loss widened UK£19.6m from 1H 2022). 공시 • Dec 06
Fulcrum Utility Services Limited announced that it expects to receive £6 million in funding from Harwood Capital LLP, Bayford & Co Ltd Fulcrum Utility Services Limited announced that it has entered into an agreement with returning investors Harwood Capital LLP and Bayford & Co Ltd for a private placement of convertible loan for gross proceeds of £6 million on December 5, 2022. The loan is convertible into Ordinary Shares at the discretion of the Lenders from 1 April 2023 or earlier in the Event of Default which is continuing. The cash provided by the Facility will be drawn in tranches as required by the Company. Board Change • Nov 17
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Jenn Babington is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Oct 24
Fulcrum Utility Services Limited Provides Revenue Guidance for the First Half of Fiscal Year 2023 Fulcrum Utility Services Limited provides revenue guidance for the first half of fiscal year 2023. The Group expects to report revenue of approximately £24.0 million for the first half of fiscal year 2023. Board Change • Sep 21
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Jenn Babington is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Aug 26
Fulcrum Utility Services Limited, Annual General Meeting, Sep 14, 2022 Fulcrum Utility Services Limited, Annual General Meeting, Sep 14, 2022, at 11:00 Coordinated Universal Time. Location: at the offices of the Company, 2 Europa View, Sheffield United Kingdom 공시 • Aug 03
Fulcrum Utility Services Limited (AIM:FCRM) acquired industrial and commercial gas meter asset portfolio for £ 0.6 million. Fulcrum Utility Services Limited (AIM:FCRM) acquired industrial and commercial gas meter asset portfolio for £ 0.6 million on August 1, 2022.
Fulcrum Utility Services Limited (AIM:FCRM) completed the acquisition of industrial and commercial gas meter asset portfolio for £ 0.6 million on August 1, 2022. 공시 • Jul 28
Fulcrum Utility Services Limited to Report Fiscal Year 2022 Results on Aug 01, 2022 Fulcrum Utility Services Limited announced that they will report fiscal year 2022 results at 6:00 AM, Coordinated Universal Time on Aug 01, 2022 Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Jenn Babington is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Jan 08
Fulcrum Utility Services Limited has completed a Follow-on Equity Offering in the amount of £21.263462 million. Fulcrum Utility Services Limited has completed a Follow-on Equity Offering in the amount of £21.263462 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,112,180
Price\Range: £0.12
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 167,083,333
Price\Range: £0.12
Transaction Features: Rights Offering; Subsequent Direct Listing Reported Earnings • Dec 03
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: UK£0.005 loss per share (up from UK£0.014 loss in 1H 2021). Revenue: UK£28.6m (up 46% from 1H 2021). Net loss: UK£1.10m (loss narrowed 64% from 1H 2021). Revenue was in line with analyst estimates. Executive Departure • Oct 07
Independent Non-Executive Director Stephen Gutteridge has left the company On the 29th of September, Stephen Gutteridge's tenure as Independent Non-Executive Director ended after 10.7 years in the role. As of June 2021, Stephen still personally held 134.17k shares (€48k worth at the time). A total of 3 executives have left over the last 12 months. Reported Earnings • Jul 31
Full year 2021 earnings released: UK£0.046 loss per share (vs UK£0.007 profit in FY 2020) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: UK£47.1m (up 2.1% from FY 2020). Net loss: UK£10.3m (down UK£11.8m from profit in FY 2020). 공시 • Feb 22
Fulcrum Utility Services Limited Appoints Dominic Lavelle as Senior Independent Non-Executive Director Fulcrum Utility Services Limited announced the appointment of Dominic Lavelle as Senior Independent Non-Executive Director with immediate effect. Dominic was previously Chief Financial Officer of SDL plc from 2013 to 2018. In addition to serving as Senior Independent Non-Executive Director, Dominic has also been appointed as Chair of the Group's Audit Committee with immediate effect. 공시 • Jan 07
Fulcrum Utility Services Limited Announces Executive Changes Fulcrum Utility Services Limited announced that Daren Harris, Chief Executive Officer, on January 6, 2021 notified the Board that he is stepping down from the Board with immediate effect. Terry Dugdale, who was appointed to the Board as Chief Operating Officer in March 2019, will become Chief Executive Officer with immediate effect.