New Risk • Jan 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 (12% average weekly change). Revenue has declined by 100% over the past year. Revenue is less than US$1m. Market cap is less than US$10m (€124.0k market cap, or US$127.0k). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). New Risk • Dec 31
New major risk - Revenue and earnings growth Revenue has declined by 100% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 (18% average weekly change). Revenue has declined by 100% over the past year. Revenue is less than US$1m. Market cap is less than US$10m (€124.0k market cap, or US$128.5k). New Risk • Jun 28
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Negative equity (-UK£84k). Revenue has declined by 39% over the past year. Revenue is less than US$1m (UK£86k revenue, or US$109k). Market cap is less than US$10m (€89.3k market cap, or US$95.6k). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). New Risk • Dec 31
New major risk - Revenue and earnings growth Revenue has declined by 39% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 (20% average weekly change). Negative equity (-UK£84k). Revenue has declined by 39% over the past year. Revenue is less than US$1m (UK£86k revenue, or US$110k). Market cap is less than US$10m (€127.5k market cap, or US$140.8k). Reported Earnings • Jun 29
Full year 2022 earnings released Full year 2022 results: Revenue: UK£86.0k (down 39% from FY 2021). Net loss: UK£5.3k (loss narrowed 78% from FY 2021). Reported Earnings • Jul 01
Full year 2021 earnings released Full year 2021 results: Revenue: UK£140.0k (flat on FY 2020). Net loss: UK£23.6k (loss narrowed 22% from FY 2020).