View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsTribe Technology 과거 순이익 실적과거 기준 점검 0/6Tribe Technology 의 수입은 연평균 -150.9%의 비율로 감소해 온 반면, Machinery 산업은 연평균 3%의 비율로 증가했습니다. 매출은 연평균 35.3%의 비율로 증가해 왔습니다.핵심 정보-150.87%순이익 성장률-37.43%주당순이익(EPS) 성장률Machinery 산업 성장률7.09%매출 성장률35.29%자기자본이익률-446.64%순이익률-21,400.00%최근 순이익 업데이트31 Dec 2023최근 과거 실적 업데이트Reported Earnings • Jan 02Full year 2023 earnings releasedFull year 2023 results: UK£15.60 loss per share. Net loss: UK£3.28m (loss widened 89% from FY 2022).모든 업데이트 보기Recent updates공시 • Dec 25Tribe Technology PLC Announces the Step Down of Charlie King as Chief Executive OfficerTribe Technology PLC announced that Charlie King, the Chief Executive Officer of the Company, has agreed with the Board that he will step down from his role as Chief Executive Officer with immediate effect.공시 • Dec 24Tribe Technology PLC Announces Board ChangesTribe Technology PLC announced that Charlie King will leave the Board with immediate effect. Preeti Mardia, the Company's Chair, will accordingly also take on the role of Executive Chair.공시 • Dec 09Tribe Technology plc Provides RC Drilling System UpdateTribe Technology PLC provided the following update in relation to the Company's autonomous reverse circulation ("RC") TTDS GC 700 drill rig (the "Drill Rig"). Further to the Company's announcement on 16 September 2024 as well as 1 October 2024, the Company is pleased to confirm that it has carried out several product demonstrations & presentations of the Sample System in the workshop and the Drill Rig with Remote Command Hub at the Australian Automation & Robotics Precinct ("AARP") in Australia, to current and potential customers. In addition, Drill Rig demonstrations have been conducted to representatives from industry bodies such as the Australian Drilling Industry Association and the Minerals Council of Australia. The Company intends to continue facilitating technology demonstrations regularly during the testing and commissioning phase of the Drill Rig system to additional potential international clients in the first half of 2025.New Risk • Nov 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.7% 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 52% per year over the past 5 years. Revenue is less than US$1m (UK£23k revenue, or US$29k). Market cap is less than US$10m (UK£5.92m market cap, or US$7.42m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (8.8% increase in shares outstanding).New Risk • Nov 22New major risk - Revenue and earnings growthEarnings have declined by 52% 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 Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m (UK£23k revenue, or US$29k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Market cap is less than US$100m (UK£8.09m market cap, or US$10.2m).New Risk • Oct 14New minor risk - Financial data availabilityThe 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 Risk Revenue is less than US$1m (UK£23k revenue, or US$30k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Market cap is less than US$100m (UK£8.09m market cap, or US$10.6m).공시 • Oct 02Tribet Technology plc Announces Preliminary Results from Testing of the Company's Reverse Circulation Sample System Technology by Master Drilling Group Ltd and Tier 1 Mining Company ClientTribe Technology PLC announced the preliminary results from testing of the Company's reverse circulation ("RC") sample system technology by Master Drilling Group Ltd. (" Master Drilling") and Tier 1 mining company client. Master Drilling and the Tier 1 mining company have been testing the Tribe Technology cyclone & sample splitter technology. This is anticipated be incorporated into the Tier 1 mining company's autonomous reverse circulation ("RC") TTDS GC 700 drill rig, although is also capable of being retrofitted to other drill rigs. The preliminary results have shown a remarkable improvement in geological sample quality as measured by sample mass distribution across the A, B & C samples taken for each sample interval. More consistent sample masses at the drill rig are anticipated to lead to more comparable and consistent assay results, assisting the miners to make more accurate data-based mine planning decisions. The sample split mass acceptance criteria are outlined below as follows. The preliminary results released indicate that the Tribe Technology sample system technology achieved circa 94% of samples falling within the "Good/Green" category, 6% in the "At Risk/Amber" category and 0% in the "Failed/Red" category. This compares to the incumbent sampling systems which currently achieves only 47% in the "Good/Green" category, 32% in the "At Risk-Amber" category and 21% in the 'Failed/Red' category. Additionally, the average split mass difference for the Tribe Technology sample system was 4% which is a significant improvement on the approximately 15% achieved by the incumbent sampling system. The company expects this data to be representative of the performance of the Tribe Technology sample system technology in the field and this will be monitored upon additional utilisation of the equipment and deployment of additional sample system in the field/site.공시 • Oct 01Tribe Technology PLC Announces First Autonomous RC Drill Rig UpdateTribe Technology PLC provided the following update in relation to the company's autonomous reverse circulation (RC) TTDS GC 700 drill rig (the Drill Rig). Following the arrival of the Drill Rig to the Australian Automation & Robotics Precinct (AARP) in Australia, as announced on 16 September 2024, the company has conducted a review of the entire Drill Rig as part of its full system platform. This included the Sample System, Remote Command Hub, the integrated system as well as the underlying software. The company intends to commence integration testing in the fourth quarter of 2024. The company's evaluation of the entire Drill Rig system has concluded that further significant software development and systems integration work is required for the Drill Rig's operation to meet the required specifications prior to dispatch of the Drill Rig to the customer's mine site. In order to expedite the completion of the necessary additional software updates, field commissioning, and in turn the completion of the Drill Rig, the company now expects to engage further specialist technical resources. As a result of the above, the company now expects to demonstrate the Drill Rig's functions at the AARP in December 2024. Similarly, the Company now expects the Drill Rig to arrive at a tier one mine site for field installation in the early part of the second quarter of 2025. The work will result in the need for additional resources and will increase the costs associated with the completion of the Drill Rig system. Accordingly, to partially mitigate against the new working capital requirements, the company currently plans to reduce circa 20% of its fixed costs in the fourth quarter of 2024. Any such cost reductions are anticipated to come from the company reducing its operational costs.공시 • Sep 16Tribetech plc Announces the Arrival of Its First Autonomous Reverse Circulation TTDS GC 700 Drill Rig from the Manufacturing Site in Belfast, Northern IrelandTribe Technology PLC announced the arrival of its first autonomous reverse circulation TTDS GC 700 drill rig from the manufacturing site in Belfast, Northern Ireland, to the Australian Automation & Robotics Precinct in Australia. This is a major milestone for the Company and is the culmination of significant engineering hours over the last four years, pioneering design and innovation along with extensive collaboration with their first customer, McKay Drilling (a subsidiary of Major Drilling Group International Inc. This first Drill Rig has been manufactured and sold to industry leading drilling contractor, Major Drilling, for use at a tier 1 iron ore mining asset in Australia. In line with the Company's announcement on 30 July 2024, the Drill Rig arrived on schedule in Perth, Australia. The Company will now undertake, in collaboration with the customer, additional system testing, integration with the Tribe Tech autonomous sample system, development of the software remote control systems and test drilling of holes at a depth of up to 60 metres at the AARP, located in Perth. In line with the Company's contract with the customer, a stage payment invoice has been issued and paid at this milestone.공시 • Aug 01Tribe Technology PLC Ships its First Autonomous RC Drill RigTribe Technology PLC announced the shipment of its first autonomous reverse circulation ("RC") TTDS GC 700 drill rig (the "Drill Rig") from the manufacturing site in Belfast, Northern Ireland. This is a major milestone for the Company and is the culmination of significant engineering hours over the last four years, pioneering design and innovation along with extensive collaboration with its first customer. McKay Drilling (a subsidiary of Major Drilling Group International Inc. ("Major Drilling")). This first Drill Rig has been manufactured and sold to industry leading drilling contractor, Major Drilling, for use at a tier 1 iron ore mining asset in Australia. Delivery to Australia is on target for the end of September 2024 as stated in the Company's previous operational update. Following arrival in Australia, the Company will undertake validation of the Drill Rig in the field in conjunction with the customer during the fourth quarter of 2024.Breakeven Date Change • Jun 30Forecast to breakeven in 2027The 2 analysts covering Tribe Technology expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of UK£1.30m in 2027. Average annual earnings growth of 59% is required to achieve expected profit on schedule.공시 • Jun 21+ 1 more updateTribe Technology PLC Announces Step Down of Eric Hampel as DirectorTribe Technology PLC announced that, further to the company's notification on 10 January 2024, Eric Hampel has on June 21, 2024 formally stepped down from his position as director of the company.공시 • May 30Tribe Technology PLC Provides Operational UpdateTribe Technology PLC provided the following updates in relation to the Company's reverse circulation drilling cyclone and sample splitting system. The Company reported the sale and shipment of its first patent pending RC drilling cyclone and sample splitting system. The System was purchased by Anglo American plc on 21 May 2024 and is being shipped from Perth to Johannesburg, South Africa. The System will be used by Master Drilling, a drilling contractor to Anglo American, in grade control application. The System has been developed, built, and tested by the Tribe Tech team in Perth, Western Australia. It is designed to deliver superior sample quality compared to existing RC sample systems on the market and can be used with the TTDS GC 700 drill rig or as a retrofit to drill rigs from other manufacturers. While the resultant revenues from the sale of the System to Anglo American is anticipated not to be substantial to the Group, the first sale and shipment of the System represents a pivotal milestone for the Group and provides confidence in the Group's go to market strategy to commercialise both of these product lines. Separate to the above, Tribe Tech has also shipped the first batch of Tribe Tech drill rods and accessories to McKay Drilling in Perth, Western Australia. The 6-metre-long drill rods and accessories incorporates the proprietary Tribe Tech ACK3 thread design. This product has been specifically designed for autonomous rod threading and unthreading during drilling operations and will be used with the TTDS GC 700 drill rig. McKay Drilling (www.mckaydrilling.com.au) is a subsidiary of Major Drilling International and has purchased the Company's first TTDS GC 700 drill rig. The Company has made significant progress in relation to the testing and commissioning of the TTDS GC 700 drill rig which is being done in collaboration with the customer, McKay Drilling.New Risk • Apr 06New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: UK£4.9m Forecast net loss in 2 years: UK£1.2m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. 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£4.1m free cash flow). Revenue is less than US$1m (UK£23k revenue, or US$29k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£1.2m net loss in 2 years). Market cap is less than US$100m (UK£13.9m market cap, or US$17.5m).공시 • Mar 30Tribe Technology plc Announces Completion of the First Autonomous RC Drill RigTribe Technology PLC announced the completion of the Company's first TTDS GC 700 autonomous drill rig (the Drill Rig). This major milestone in the development of the Company is a result of over 150,000 development hours. This initial machine has been manufactured for and sold to an industry leading drilling contractor Major Drilling Group International Inc, for use at a tier 1 iron ore mining asset in Australia. The Company's Reverse Circulation ("RC") Drill Rigs are designed to remove operators from the dangers involved in traditional manually operated RC drill rigs while significantly improving productivity. The Company has issued a staged payment invoice for the completion of manufacturing to the client, with revenue to be recognised on the Drill Rig's arrival in Australia. The Company will now continue to commission and test the completed Drill Rig before shipping to Australia from Northern Ireland, which is expected to take place early next quarter as outlined in the December trading update. The field trial of the sample potting and handling system has commenced at the recently established Australian Automation & Robotics Precinct ("AARP") in Perth, Western Australia with encouraging results. The Group will continue to refine the product based on its field trial results. Work continues on the second drill rig which is being manufactured for one of the world's major mining companies, Anglo American plc, with operations globally.공시 • Mar 07Tribe Technology PLC Announces First Generation Autonomous TTDS 700 GC drill rig updateTribe Technology PLC provided the following update in relation to the company's first generation autonomous TTDS 700 GC drill rig. The Company continues to make good progress in relation to the construction of its Drill Rig. In this regard, the Company recently successfully switched on the engine of the Drill Rig for the first time at the Company's 20,000 square foot facility in Belfast, Northern Ireland. This marks an important step for the Company on the way towards factory completion of the Drill Rig and the subsequent production of the Drill Rig as well as ultimately, the advancement of efficiency, safety and sustainability in the drilling industry. Factory completion of the Drill Rig continues to be expected to occur in the first quarter of 2024 with shipment to the customer expected in second quarter of 2024, as originally stated in the Company's announcement on 28 December 2023. To date, reverse circulation drilling has been characterized by a lack of automation due to the complexities of the systems required and the harsh conditions in which these machines operate. The company's RC Drill Rigs are being developed to remove operators from the dangers that are involved in traditional RC drill rigs.공시 • Jan 11Tribe Technology PLC Announces Resignation of Eric Hampel as Chief Financial OfficerTribe Technology PLC announced that Eric Hampel has notified the Company of his intention to step down as Chief Financial Officer of the Company, due to personal circumstances. Eric will remain as CFO and as a director of the Company until July 2024. Eric will remain focused on running the Company's finance function and continue to support Tribe Tech during his six month notice period. Eric will also work to ensure the effective transition of his responsibilities to his successor with the intention that there will be an orderly handover period. The Company has initiated a process to appoint a permanent successor and a further announcement will be made in due course.Reported Earnings • Jan 02Full year 2023 earnings releasedFull year 2023 results: UK£15.60 loss per share. Net loss: UK£3.28m (loss widened 89% from FY 2022).공시 • Sep 06Tribe Technology PLC has completed an IPO in the amount of £4.592906 million.Tribe Technology PLC has completed an IPO in the amount of £4.592906 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 45,000,000 Price\Range: £0.1 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 929,060 Price\Range: £0.1 Transaction Features: Regulation S매출 및 비용 세부 내역Tribe Technology가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이AIM:TRYB 매출, 비용 및 순이익 (GBP Millions)날짜매출순이익일반관리비연구개발비31 Dec 230-55030 Sep 230-44030 Jun 230-33031 Mar 230-33031 Dec 220-23030 Sep 220-22030 Jun 220-22030 Jun 210-110양질의 수익: TRYB 은(는) 현재 수익성이 없습니다.이익 마진 증가: TRYB는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 지난 5년 동안 TRYB의 연간 수익 성장률이 양(+)이었는지 판단하기에 데이터가 부족합니다.성장 가속화: 현재 수익성이 없어 지난 1년간 TRYB의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: TRYB은 수익성이 없어 지난 해 수익 성장률을 Machinery 업계(10.1%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: TRYB는 현재 수익성이 없으므로 자본 수익률이 음수(-446.64%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCapital-goods 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/02/24 04:02종가2024/12/31 00:00수익2023/12/31연간 수익2023/06/30데이터 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 소스Tribe Technology PLC는 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 • Jan 02Full year 2023 earnings releasedFull year 2023 results: UK£15.60 loss per share. Net loss: UK£3.28m (loss widened 89% from FY 2022).
공시 • Dec 25Tribe Technology PLC Announces the Step Down of Charlie King as Chief Executive OfficerTribe Technology PLC announced that Charlie King, the Chief Executive Officer of the Company, has agreed with the Board that he will step down from his role as Chief Executive Officer with immediate effect.
공시 • Dec 24Tribe Technology PLC Announces Board ChangesTribe Technology PLC announced that Charlie King will leave the Board with immediate effect. Preeti Mardia, the Company's Chair, will accordingly also take on the role of Executive Chair.
공시 • Dec 09Tribe Technology plc Provides RC Drilling System UpdateTribe Technology PLC provided the following update in relation to the Company's autonomous reverse circulation ("RC") TTDS GC 700 drill rig (the "Drill Rig"). Further to the Company's announcement on 16 September 2024 as well as 1 October 2024, the Company is pleased to confirm that it has carried out several product demonstrations & presentations of the Sample System in the workshop and the Drill Rig with Remote Command Hub at the Australian Automation & Robotics Precinct ("AARP") in Australia, to current and potential customers. In addition, Drill Rig demonstrations have been conducted to representatives from industry bodies such as the Australian Drilling Industry Association and the Minerals Council of Australia. The Company intends to continue facilitating technology demonstrations regularly during the testing and commissioning phase of the Drill Rig system to additional potential international clients in the first half of 2025.
New Risk • Nov 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.7% 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 52% per year over the past 5 years. Revenue is less than US$1m (UK£23k revenue, or US$29k). Market cap is less than US$10m (UK£5.92m market cap, or US$7.42m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (8.8% increase in shares outstanding).
New Risk • Nov 22New major risk - Revenue and earnings growthEarnings have declined by 52% 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 Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m (UK£23k revenue, or US$29k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Market cap is less than US$100m (UK£8.09m market cap, or US$10.2m).
New Risk • Oct 14New minor risk - Financial data availabilityThe 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 Risk Revenue is less than US$1m (UK£23k revenue, or US$30k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Market cap is less than US$100m (UK£8.09m market cap, or US$10.6m).
공시 • Oct 02Tribet Technology plc Announces Preliminary Results from Testing of the Company's Reverse Circulation Sample System Technology by Master Drilling Group Ltd and Tier 1 Mining Company ClientTribe Technology PLC announced the preliminary results from testing of the Company's reverse circulation ("RC") sample system technology by Master Drilling Group Ltd. (" Master Drilling") and Tier 1 mining company client. Master Drilling and the Tier 1 mining company have been testing the Tribe Technology cyclone & sample splitter technology. This is anticipated be incorporated into the Tier 1 mining company's autonomous reverse circulation ("RC") TTDS GC 700 drill rig, although is also capable of being retrofitted to other drill rigs. The preliminary results have shown a remarkable improvement in geological sample quality as measured by sample mass distribution across the A, B & C samples taken for each sample interval. More consistent sample masses at the drill rig are anticipated to lead to more comparable and consistent assay results, assisting the miners to make more accurate data-based mine planning decisions. The sample split mass acceptance criteria are outlined below as follows. The preliminary results released indicate that the Tribe Technology sample system technology achieved circa 94% of samples falling within the "Good/Green" category, 6% in the "At Risk/Amber" category and 0% in the "Failed/Red" category. This compares to the incumbent sampling systems which currently achieves only 47% in the "Good/Green" category, 32% in the "At Risk-Amber" category and 21% in the 'Failed/Red' category. Additionally, the average split mass difference for the Tribe Technology sample system was 4% which is a significant improvement on the approximately 15% achieved by the incumbent sampling system. The company expects this data to be representative of the performance of the Tribe Technology sample system technology in the field and this will be monitored upon additional utilisation of the equipment and deployment of additional sample system in the field/site.
공시 • Oct 01Tribe Technology PLC Announces First Autonomous RC Drill Rig UpdateTribe Technology PLC provided the following update in relation to the company's autonomous reverse circulation (RC) TTDS GC 700 drill rig (the Drill Rig). Following the arrival of the Drill Rig to the Australian Automation & Robotics Precinct (AARP) in Australia, as announced on 16 September 2024, the company has conducted a review of the entire Drill Rig as part of its full system platform. This included the Sample System, Remote Command Hub, the integrated system as well as the underlying software. The company intends to commence integration testing in the fourth quarter of 2024. The company's evaluation of the entire Drill Rig system has concluded that further significant software development and systems integration work is required for the Drill Rig's operation to meet the required specifications prior to dispatch of the Drill Rig to the customer's mine site. In order to expedite the completion of the necessary additional software updates, field commissioning, and in turn the completion of the Drill Rig, the company now expects to engage further specialist technical resources. As a result of the above, the company now expects to demonstrate the Drill Rig's functions at the AARP in December 2024. Similarly, the Company now expects the Drill Rig to arrive at a tier one mine site for field installation in the early part of the second quarter of 2025. The work will result in the need for additional resources and will increase the costs associated with the completion of the Drill Rig system. Accordingly, to partially mitigate against the new working capital requirements, the company currently plans to reduce circa 20% of its fixed costs in the fourth quarter of 2024. Any such cost reductions are anticipated to come from the company reducing its operational costs.
공시 • Sep 16Tribetech plc Announces the Arrival of Its First Autonomous Reverse Circulation TTDS GC 700 Drill Rig from the Manufacturing Site in Belfast, Northern IrelandTribe Technology PLC announced the arrival of its first autonomous reverse circulation TTDS GC 700 drill rig from the manufacturing site in Belfast, Northern Ireland, to the Australian Automation & Robotics Precinct in Australia. This is a major milestone for the Company and is the culmination of significant engineering hours over the last four years, pioneering design and innovation along with extensive collaboration with their first customer, McKay Drilling (a subsidiary of Major Drilling Group International Inc. This first Drill Rig has been manufactured and sold to industry leading drilling contractor, Major Drilling, for use at a tier 1 iron ore mining asset in Australia. In line with the Company's announcement on 30 July 2024, the Drill Rig arrived on schedule in Perth, Australia. The Company will now undertake, in collaboration with the customer, additional system testing, integration with the Tribe Tech autonomous sample system, development of the software remote control systems and test drilling of holes at a depth of up to 60 metres at the AARP, located in Perth. In line with the Company's contract with the customer, a stage payment invoice has been issued and paid at this milestone.
공시 • Aug 01Tribe Technology PLC Ships its First Autonomous RC Drill RigTribe Technology PLC announced the shipment of its first autonomous reverse circulation ("RC") TTDS GC 700 drill rig (the "Drill Rig") from the manufacturing site in Belfast, Northern Ireland. This is a major milestone for the Company and is the culmination of significant engineering hours over the last four years, pioneering design and innovation along with extensive collaboration with its first customer. McKay Drilling (a subsidiary of Major Drilling Group International Inc. ("Major Drilling")). This first Drill Rig has been manufactured and sold to industry leading drilling contractor, Major Drilling, for use at a tier 1 iron ore mining asset in Australia. Delivery to Australia is on target for the end of September 2024 as stated in the Company's previous operational update. Following arrival in Australia, the Company will undertake validation of the Drill Rig in the field in conjunction with the customer during the fourth quarter of 2024.
Breakeven Date Change • Jun 30Forecast to breakeven in 2027The 2 analysts covering Tribe Technology expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of UK£1.30m in 2027. Average annual earnings growth of 59% is required to achieve expected profit on schedule.
공시 • Jun 21+ 1 more updateTribe Technology PLC Announces Step Down of Eric Hampel as DirectorTribe Technology PLC announced that, further to the company's notification on 10 January 2024, Eric Hampel has on June 21, 2024 formally stepped down from his position as director of the company.
공시 • May 30Tribe Technology PLC Provides Operational UpdateTribe Technology PLC provided the following updates in relation to the Company's reverse circulation drilling cyclone and sample splitting system. The Company reported the sale and shipment of its first patent pending RC drilling cyclone and sample splitting system. The System was purchased by Anglo American plc on 21 May 2024 and is being shipped from Perth to Johannesburg, South Africa. The System will be used by Master Drilling, a drilling contractor to Anglo American, in grade control application. The System has been developed, built, and tested by the Tribe Tech team in Perth, Western Australia. It is designed to deliver superior sample quality compared to existing RC sample systems on the market and can be used with the TTDS GC 700 drill rig or as a retrofit to drill rigs from other manufacturers. While the resultant revenues from the sale of the System to Anglo American is anticipated not to be substantial to the Group, the first sale and shipment of the System represents a pivotal milestone for the Group and provides confidence in the Group's go to market strategy to commercialise both of these product lines. Separate to the above, Tribe Tech has also shipped the first batch of Tribe Tech drill rods and accessories to McKay Drilling in Perth, Western Australia. The 6-metre-long drill rods and accessories incorporates the proprietary Tribe Tech ACK3 thread design. This product has been specifically designed for autonomous rod threading and unthreading during drilling operations and will be used with the TTDS GC 700 drill rig. McKay Drilling (www.mckaydrilling.com.au) is a subsidiary of Major Drilling International and has purchased the Company's first TTDS GC 700 drill rig. The Company has made significant progress in relation to the testing and commissioning of the TTDS GC 700 drill rig which is being done in collaboration with the customer, McKay Drilling.
New Risk • Apr 06New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: UK£4.9m Forecast net loss in 2 years: UK£1.2m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. 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£4.1m free cash flow). Revenue is less than US$1m (UK£23k revenue, or US$29k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£1.2m net loss in 2 years). Market cap is less than US$100m (UK£13.9m market cap, or US$17.5m).
공시 • Mar 30Tribe Technology plc Announces Completion of the First Autonomous RC Drill RigTribe Technology PLC announced the completion of the Company's first TTDS GC 700 autonomous drill rig (the Drill Rig). This major milestone in the development of the Company is a result of over 150,000 development hours. This initial machine has been manufactured for and sold to an industry leading drilling contractor Major Drilling Group International Inc, for use at a tier 1 iron ore mining asset in Australia. The Company's Reverse Circulation ("RC") Drill Rigs are designed to remove operators from the dangers involved in traditional manually operated RC drill rigs while significantly improving productivity. The Company has issued a staged payment invoice for the completion of manufacturing to the client, with revenue to be recognised on the Drill Rig's arrival in Australia. The Company will now continue to commission and test the completed Drill Rig before shipping to Australia from Northern Ireland, which is expected to take place early next quarter as outlined in the December trading update. The field trial of the sample potting and handling system has commenced at the recently established Australian Automation & Robotics Precinct ("AARP") in Perth, Western Australia with encouraging results. The Group will continue to refine the product based on its field trial results. Work continues on the second drill rig which is being manufactured for one of the world's major mining companies, Anglo American plc, with operations globally.
공시 • Mar 07Tribe Technology PLC Announces First Generation Autonomous TTDS 700 GC drill rig updateTribe Technology PLC provided the following update in relation to the company's first generation autonomous TTDS 700 GC drill rig. The Company continues to make good progress in relation to the construction of its Drill Rig. In this regard, the Company recently successfully switched on the engine of the Drill Rig for the first time at the Company's 20,000 square foot facility in Belfast, Northern Ireland. This marks an important step for the Company on the way towards factory completion of the Drill Rig and the subsequent production of the Drill Rig as well as ultimately, the advancement of efficiency, safety and sustainability in the drilling industry. Factory completion of the Drill Rig continues to be expected to occur in the first quarter of 2024 with shipment to the customer expected in second quarter of 2024, as originally stated in the Company's announcement on 28 December 2023. To date, reverse circulation drilling has been characterized by a lack of automation due to the complexities of the systems required and the harsh conditions in which these machines operate. The company's RC Drill Rigs are being developed to remove operators from the dangers that are involved in traditional RC drill rigs.
공시 • Jan 11Tribe Technology PLC Announces Resignation of Eric Hampel as Chief Financial OfficerTribe Technology PLC announced that Eric Hampel has notified the Company of his intention to step down as Chief Financial Officer of the Company, due to personal circumstances. Eric will remain as CFO and as a director of the Company until July 2024. Eric will remain focused on running the Company's finance function and continue to support Tribe Tech during his six month notice period. Eric will also work to ensure the effective transition of his responsibilities to his successor with the intention that there will be an orderly handover period. The Company has initiated a process to appoint a permanent successor and a further announcement will be made in due course.
Reported Earnings • Jan 02Full year 2023 earnings releasedFull year 2023 results: UK£15.60 loss per share. Net loss: UK£3.28m (loss widened 89% from FY 2022).
공시 • Sep 06Tribe Technology PLC has completed an IPO in the amount of £4.592906 million.Tribe Technology PLC has completed an IPO in the amount of £4.592906 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 45,000,000 Price\Range: £0.1 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 929,060 Price\Range: £0.1 Transaction Features: Regulation S