View Future GrowthSoftware Circle 과거 순이익 실적과거 기준 점검 0/6Software Circle은 연평균 5.8%의 비율로 수입이 증가해 온 반면, Commercial Services 산업은 연평균 13.3%의 비율로 증가했습니다. 매출은 연평균 18.7%의 비율로 증가했습니다.핵심 정보5.79%순이익 성장률27.78%주당순이익(EPS) 성장률Commercial Services 산업 성장률27.48%매출 성장률18.70%자기자본이익률-13.69%순이익률-14.28%최근 순이익 업데이트30 Sep 2025최근 과거 실적 업데이트Reported Earnings • Nov 27First half 2026 earnings released: UK£0.003 loss per share (vs UK£0.003 profit in 1H 2025)First half 2026 results: UK£0.003 loss per share (down from UK£0.003 profit in 1H 2025). Revenue: UK£10.2m (up 14% from 1H 2025). Net loss: UK£1.22m (down 198% from profit in 1H 2025). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jul 24Full year 2025 earnings released: UK£0.001 loss per share (vs UK£0.009 loss in FY 2024)Full year 2025 results: UK£0.001 loss per share (improved from UK£0.009 loss in FY 2024). Revenue: UK£18.3m (up 13% from FY 2024). Net loss: UK£329.0k (loss narrowed 86% from FY 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Dec 07First half 2025 earnings released: EPS: UK£0.003 (vs UK£0.013 loss in 1H 2024)First half 2025 results: EPS: UK£0.003 (up from UK£0.013 loss in 1H 2024). Revenue: UK£8.92m (up 8.1% from 1H 2024). Net income: UK£1.25m (up UK£2.83m from 1H 2024). Profit margin: 14% (up from net loss in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 68% per year, which means it is well ahead of earnings.공시 • Nov 25Software Circle plc to Report First Half, 2025 Results on Dec 05, 2024Software Circle plc announced that they will report first half, 2025 results on Dec 05, 2024Reported Earnings • Aug 27Full year 2024 earnings released: UK£0.009 loss per share (vs UK£0.012 loss in FY 2023)Full year 2024 results: UK£0.009 loss per share. Revenue: UK£16.2m (up 38% from FY 2023). Net loss: UK£2.37m (loss widened 68% from FY 2023).Reported Earnings • Jul 25Full year 2024 earnings released: UK£0.009 loss per share (vs UK£0.012 loss in FY 2023)Full year 2024 results: UK£0.009 loss per share. Revenue: UK£16.2m (up 38% from FY 2023). Net loss: UK£2.37m (loss widened 68% from FY 2023).모든 업데이트 보기Recent updatesNew Risk • Feb 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: UK£71.2m (US$96.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 27First half 2026 earnings released: UK£0.003 loss per share (vs UK£0.003 profit in 1H 2025)First half 2026 results: UK£0.003 loss per share (down from UK£0.003 profit in 1H 2025). Revenue: UK£10.2m (up 14% from 1H 2025). Net loss: UK£1.22m (down 198% from profit in 1H 2025). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 14Software Circle plc (AIM:SFT) completed the acquisition of Broker Information Services Limited for £8.2 million.Software Circle plc (AIM:SFT) acquired Broker Information Services Limited for £8.2 million on October 13, 2025. A cash consideration of £6.9 million will be paid by Software Circle plc. Software Circle plc will pay an earnout/contingent payment of £1.35 million cash. As part of consideration, £8.25 million is paid towards common equity of Broker Information Services Limited. Software Circle plc (AIM:SFT) completed the acquisition of Broker Information Services Limited on October 13, 2025.공시 • Aug 06+ 1 more updateSoftware Circle plc (AIM:SFT) acquired 95% stake in Artificial Intelligence Finance LTD from Enterprise Ireland for €9 million.Software Circle plc (AIM:SFT) acquired 95% stake in Artificial Intelligence Finance LTD from Enterprise Ireland for €9 million on August 5, 2025. The initial consideration paid at completion was €4.33m, with deferred consideration of €0.67m to be paid on the first anniversary of completion. Up to a further €4.0m is payable to acquire the remaining approximately 5% of AIF's share capital, contingent upon the achievement of certain targets relating to the future financial performance of AIF (the "Earn-out"). The initial consideration of €4.33m was funded from existing Software Circle cash reserves. David Hart and Piers Shimwell of Allenby Capital Limited acted as financial advisor for Software Circle plc. Software Circle plc (AIM:SFT) completed the acquisition of 95% stake in Artificial Intelligence Finance LTD from Enterprise Ireland on August 5, 2025.Reported Earnings • Jul 24Full year 2025 earnings released: UK£0.001 loss per share (vs UK£0.009 loss in FY 2024)Full year 2025 results: UK£0.001 loss per share (improved from UK£0.009 loss in FY 2024). Revenue: UK£18.3m (up 13% from FY 2024). Net loss: UK£329.0k (loss narrowed 86% from FY 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jul 23Software Circle plc, Annual General Meeting, Sep 03, 2025Software Circle plc, Annual General Meeting, Sep 03, 2025. Location: the offices of gateley plc, ship canal house, 98 king street, m2 4wu, manchester United KingdomBuy Or Sell Opportunity • Jul 10Now 22% undervaluedOver the last 90 days, the stock has risen 5.6% to UK£0.28. The fair value is estimated to be UK£0.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Jun 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Large one-off items impacting financial results.Buy Or Sell Opportunity • May 14Now 20% undervaluedOver the last 90 days, the stock has risen 7.7% to UK£0.28. The fair value is estimated to be UK£0.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Apr 23Now 21% undervaluedOver the last 90 days, the stock has risen 10.0% to UK£0.28. The fair value is estimated to be UK£0.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Apr 04Now 23% undervaluedOver the last 90 days, the stock has risen 15% to UK£0.27. The fair value is estimated to be UK£0.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable.Recent Insider Transactions • Mar 10Chairman of the Board recently bought UK£142k worth of stockOn the 4th of March, Matthias Riechert bought around 469k shares on-market at roughly UK£0.30 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Matthias has been a buyer over the last 12 months, purchasing a net total of UK£169k worth in shares.New Risk • Feb 04New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: UK£75k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (UK£75k sold).Recent Insider Transactions • Feb 03Company Secretary & Executive Director recently sold UK£75k worth of stockOn the 31st of January, Richard Lightfoot sold around 326k shares on-market at roughly UK£0.23 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought UK£27k more than they sold in the last 12 months.Reported Earnings • Dec 07First half 2025 earnings released: EPS: UK£0.003 (vs UK£0.013 loss in 1H 2024)First half 2025 results: EPS: UK£0.003 (up from UK£0.013 loss in 1H 2024). Revenue: UK£8.92m (up 8.1% from 1H 2024). Net income: UK£1.25m (up UK£2.83m from 1H 2024). Profit margin: 14% (up from net loss in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 68% per year, which means it is well ahead of earnings.공시 • Nov 25Software Circle plc to Report First Half, 2025 Results on Dec 05, 2024Software Circle plc announced that they will report first half, 2025 results on Dec 05, 2024공시 • Nov 20Software Circle plc Appoints Brad Ormsby as Non-Executive DirectorOctopus AIM VCT 2 plc announced that Brad Ormsby, a Non-Executive Director of the company, was appointed a Non-Executive Director of Software Circle plc with effect from 18 September 2024.분석 기사 • Oct 15Software Circle plc (LON:SFT) Looks Just Right With A 26% Price JumpThe Software Circle plc ( LON:SFT ) share price has done very well over the last month, posting an excellent gain of...공시 • Sep 18Software Circle plc Announces Board ChangesSoftware Circle plc will advise shareholders at the Annual General Meeting (AGM) to be held on 18 September 2024, immediately following the meeting, the following changes will be made to the Group's Board: As previously announced, Jan Mohr will resign as Chairman. Conrad Bona will step down as Non-Executive Director given his length of service on the board.Reported Earnings • Aug 27Full year 2024 earnings released: UK£0.009 loss per share (vs UK£0.012 loss in FY 2023)Full year 2024 results: UK£0.009 loss per share. Revenue: UK£16.2m (up 38% from FY 2023). Net loss: UK£2.37m (loss widened 68% from FY 2023).공시 • Aug 26Software Circle plc, Annual General Meeting, Sep 18, 2024Software Circle plc, Annual General Meeting, Sep 18, 2024. Location: the offices of gateley plc, ship canal house, 98 king street, m2 4wu, manchester United Kingdom공시 • Jul 26Software Circle plc (AIM:SFT) acquired Link Maker Systems Limited from Craig Rigby-Wilson (Co-CEO), Andy Leary-May (Co-CEO) and Linda Hill for £4.5 million.Software Circle plc (AIM:SFT) acquired Link Maker Systems Limited from Craig Rigby-Wilson (Co-CEO), Andy Leary-May (Co-CEO) and Linda Hill for £4.5 million on July 26, 2024. Under the terms of agreement, the total consideration of £4.5 million will be satisfied in cash and is structured on a debt free/cash free basis. The acquisition is expected to be cash flow generative and earnings enhancing in the first year after acquisition. The initial consideration paid at completion was £3.0 million. Up to a further £1.5 million is payable contingent upon the achievement of certain targets relating to the future financial performance of Link Maker (the "Contingent Consideration"). The Contingent Consideration is dependent on Link Maker achieving certain annual recurring revenue targets and may be achieved in full or in part by exceeding those targets in the year commencing July 2025. The £3.0 million initial consideration was funded from existing Software Circle cash reserves. The unaudited financial statements for Link Maker for the year ended March 31, 2024 reported revenue of £1.56 million, EBIT of £0.89 million and closing net assets of £0.46 million. David Hart and Piers Shimwell of Allenby Capital Limited acted as financial advisor to Software Circle plc. Software Circle plc (AIM:SFT) completed the acquisition of Link Maker Systems Limited from Craig Rigby-Wilson (Co-CEO), Andy Leary-May (Co-CEO) and Linda Hill on July 26, 2024.Reported Earnings • Jul 25Full year 2024 earnings released: UK£0.009 loss per share (vs UK£0.012 loss in FY 2023)Full year 2024 results: UK£0.009 loss per share. Revenue: UK£16.2m (up 38% from FY 2023). Net loss: UK£2.37m (loss widened 68% from FY 2023).New Risk • Jun 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Shareholders have been substantially diluted in the past year (241% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Market cap is less than US$100m (UK£74.1m market cap, or US$94.2m).공시 • May 30Software Circle plc (AIM:SFT) acquired Be The Brand Experience Limited for £3.5 millionSoftware Circle plc (AIM:SFT) acquired Be The Brand Experience Limited for £3.5 million on May 30, 2024. The total consideration of £3.5 million will be satisfied in cash and is structured on a debt free and cash free basis. The acquisition is expected to be cash flow generative and earnings enhancing in the first year after acquisition. Initial consideration of £2.8 million was paid on completion and a further £0.7 million of deferred consideration will be paid on the first anniversary of completion. Adam Hainsworth, Managing Director and a shareholder, will remain with the business for 12 months to oversee the transition. The other two shareholders, Guy Hainsworth and Jes Ongley, have entered into new employment contracts and will continue to lead the team of thirteen staff. David Hart and Piers Shimwell from Allenby Capital Limited act as financial advisor for Software Circle plc. Software Circle plc (AIM:SFT) completed the acquisition of Be The Brand Experience Limited on May 30, 2024.분석 기사 • Mar 28Software Circle plc's (LON:SFT) P/S Still Appears To Be ReasonableWhen you see that almost half of the companies in the Commercial Services industry in the United Kingdom have...Buy Or Sell Opportunity • Mar 12Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to UK£0.15. The fair value is estimated to be UK£0.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 10%.Buy Or Sell Opportunity • Feb 23Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to UK£0.15. The fair value is estimated to be UK£0.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 10%.공시 • Feb 21Software Circle plc (AIM:SFT) acquired Arc Technology Limited for £2.0 million.Software Circle plc (AIM:SFT) acquired Arc Technology Limited for £2.0 million on February 21, 2024. The total consideration of up to £2.0 million will be satisfied in cash and is structured on a debt-free/cash-free basis. The initial consideration paid at completion was £1.1 million, with a deferred consideration of £0.3 million to be paid on the first anniversary of completion. Up to a further £0.6m is payable contingent upon the achievement of certain targets relating to the future financial performance of ARC Technology Limited. The £1.1 million initial consideration was funded from existing Software Circle cash reserves. The Earn-out is dependent on ARC achieving certain annual recurring revenue targets and may be achieved in full or in part by exceeding those targets in any of the two years commencing February 21, 2024. Nader Bishay, Managing Director and 50% shareholder of ARC, will remain with the business, enteringinto a new employment contract, and will continue to lead the team of eight staff located in England. Founding shareholder Soraia Bishay will leave the business. The unaudited financial statements for ARC for the year ended July 31, 2023, reported revenue of £1.1 million, EBIT of £0.34 million, and closing net assets of £0.94 million. David Hart, Piers Shimwell, Stefano Aquilino and Joscelin Pinnington of Allenby Capital Limited acted as financial advisors for Software Circle plc. Software Circle plc (AIM:SFT) completed the acquisition of Arc Technology Limited on February 21, 2024.Buy Or Sell Opportunity • Jan 19Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to UK£0.14. The fair value is estimated to be UK£0.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 10%.Reported Earnings • Dec 01First half 2024 earnings released: UK£0.013 loss per share (vs UK£0.004 loss in 1H 2023)First half 2024 results: UK£0.013 loss per share (further deteriorated from UK£0.004 loss in 1H 2023). Revenue: UK£8.25m (up 41% from 1H 2023). Net loss: UK£1.58m (loss widened 250% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Oct 17Grafenia Plc's (LON:GRA) Shares May Have Run Too Fast Too SoonWhen close to half the companies in the Commercial Services industry in the United Kingdom have price-to-sales ratios...New Risk • Sep 25New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 139% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (139% increase in shares outstanding). Minor Risk Market cap is less than US$100m (UK£24.7m market cap, or US$30.2m).공시 • Sep 23Sun Mountain Partners, LLC acquired a 11.8% stake in Grafenia Plc (AIM:GRA).Sun Mountain Partners, LLC acquired a 11.8% stake in Grafenia Plc (AIM:GRA) on September 21, 2023. Pursuant to transaction, Sun Mountain Partners acquired 31,764,704 shares, representing 11.8% stake in Grafenia.Sun Mountain Partners, LLC completed the acquisition of a 11.8% stake in Grafenia Plc (AIM:GRA) on September 21, 2023.New Risk • Sep 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Market cap is less than US$100m (UK£10.8m market cap, or US$13.3m).공시 • Sep 16Grafenia Plc, Annual General Meeting, Sep 26, 2023Grafenia Plc, Annual General Meeting, Sep 26, 2023, at 09:00 Coordinated Universal Time. Location: Company's offices at Nettl of Birmingham Business Store 37a Great Charles Street Queensway Birmingham, United KingdomReported Earnings • Sep 01Full year 2023 earnings released: UK£0.012 loss per share (vs UK£0.005 loss in FY 2022)Full year 2023 results: UK£0.012 loss per share (further deteriorated from UK£0.005 loss in FY 2022). Revenue: UK£11.7m (up 31% from FY 2022). Net loss: UK£1.41m (loss widened 152% from FY 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.분석 기사 • Aug 08Is Grafenia (LON:GRA) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Jul 28Full year 2023 earnings released: UK£0.012 loss per share (vs UK£0.005 loss in FY 2022)Full year 2023 results: UK£0.012 loss per share (further deteriorated from UK£0.005 loss in FY 2022). Revenue: UK£11.7m (up 31% from FY 2022). Net loss: UK£1.41m (loss widened 152% from FY 2022). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공시 • Jan 19Grafenia Plc acquired Care Management Systems Limited for £3.5 million.Grafenia Plc acquired Care Management Systems Limited for £3.5 million on January 18, 2023. The initial consideration of £2.975 million will be paid on completion, together with deferred consideration of £0.525 million will be paid on the first anniversary of completion. As of February 28, 2022, CMS reported revenue of £2.45 million, EBIT of £0.12 million and closing net assets of £1.3 million. Allenby Capital Limited acted as financial advisor to Grafenia Plc. Adam Kaucher and Gregory Mazgajczyk of Irwin Mitchell LLP acted as legal advisor to Care Management Systems. Gateley Plc acted as legal advisor to Grafenia. Grafenia Plc completed the acquisition of Care Management Systems Limited on January 18, 2023.공시 • Jan 18Grafenia Plc to Report Fiscal Year 2023 Results on Apr 30, 2023Grafenia Plc announced that they will report fiscal year 2023 results on Apr 30, 2023공시 • Dec 08Grafenia Plc (AIM:GRA) acquired Watermark Technologies Limited for £2.5 million.Grafenia Plc (AIM:GRA) acquired Watermark Technologies Limited for £2.5 million on December 7, 2022. The initial consideration comprises cash of £1.5 million to be paid on completion, together with deferred consideration of £1.0 million to be paid on the first anniversary of completion. As of March 31, 2022, Watermark Technologies reported revenue of £1.21 million, EBIT of £0.44 million and closing net assets of £0.46 million. Grafenia Plc (AIM:GRA) completed the acquisition of Watermark Technologies Limited on December 7, 2022.Reported Earnings • Nov 25First half 2023 earnings releasedFirst half 2023 results: UK£0.006 loss per share. Revenue: UK£4.97m (down 21% from 1H 2022). Net loss: UK£484.0k (loss narrowed 24% from 1H 2022).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Simon Barrell was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Nov 02Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Simon Barrell was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Oct 31Grafenia plc Appoints Matthias Riechert to the Board as A Non-Executive DirectorGrafenia Plc announced the appointment of Matthias Riechert to the Board as a Non-Executive Director with effect from 31 October 2022. Matthias is a founder and Director of P&R Investment Management Limited ("P&R"), an investment advisory firm. Previously, Matthias worked in sales and trading at Citigroup Global Markets for nine years. He has an MBA from London Business School and Columbia Business School where he specialised in value investing. P&R is acting as the mandated investment advisor to Axxion S.A., the alternative investment manager of the P&R Real Value fund. Axxion S.A. currently holds 5,634,919 ordinary shares in Grafenia plc in relation to the P&R Real Value fund, makes its own investment decisions in that regard and is independent of Mr. Riechert. Matthias Siegfried Riechert, aged 49, has held the following directorships and/or partnerships in the past five years: Current directorships and/or partnerships · Maxigendance Limited · P&R Investment Management Limited · Polleit & Riechert Investment Management LLP.공시 • Sep 24Grafenia Plc (AIM:GRA) agreed to acquire Vertical Plus for £2.9 million.Grafenia Plc (AIM:GRA) agreed to acquire Vertical Plus for £2.9 million on September 22, 2022. Under the terms of transaction, £2.88 million will be paid in cash, £1.00 million as deferred payment and £0.63 million as earnout. The Company is seeking to raise £4.25 million via an issue of bonds, £1.25 million of which will be used for the initial consideration due on the acquisition. Completion of the acquisition is conditional on the completion of short form sale and purchase agreements by minority shareholders of Vertical Plus and funds being raised by Grafenia via the bond facility put in place in 2020. The unaudited financial statements for Vertical Plus for the year ended 31 March 2022 reported revenue of £2.01m, EBIT of £0.25m, and closing net assets of £1.29m.공시 • Jul 30Grafenia Plc, Annual General Meeting, Sep 14, 2022Grafenia Plc, Annual General Meeting, Sep 14, 2022.Reported Earnings • Jul 28Full year 2022 earnings released: UK£0.016 loss per share (vs UK£0.018 loss in FY 2021)Full year 2022 results: UK£0.016 loss per share (up from UK£0.018 loss in FY 2021). Revenue: UK£12.4m (up 27% from FY 2021). Net loss: UK£1.15m (loss narrowed 45% from FY 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.공시 • May 20Rymack Sign Solutions Limited ntered into a sale and purchase agreement to acquire Works Manchester Limited from Grafenia Plc (AIM:GRA) for £3.2 million.Rymack Sign Solutions Limited ntered into a sale and purchase agreement to acquire Works Manchester Limited from Grafenia Plc (AIM:GRA) for £3.2 million on May 19, 2022. The transaction is conditional on Grafenia Operations and Works Manchester completing a business purchase agreement ("BPA") in respect of the sale of certain business and assets to Works Manchester. Grafenia will enter into a five-year supply agreement under which Works Manchester will continue to manufacture and supply products to their partners, via their platform. Works Manchester will enter into a five-year software licence for the right to use w3p, the Grafenia production platform, at a fee of £10,000 per month.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Non Executive Director Simon Barrell was the last independent 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 • Apr 07Grafenia Plc Provides Earnings Guidance for the Full Year of 2022Grafenia Plc provided earnings guidance for the full year of 2022. For the period, the company expects sales in excess of £12.0 million (2021: £9.65 million). Whilst this isn't back to pre-pandemic levels, cost base is significantly different and the breakeven point is much lower.분석 기사 • Dec 20Does Grafenia (LON:GRA) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 24First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: UK£0.006 loss per share (up from UK£0.01 loss in 1H 2021). Revenue: UK£6.31m (up 20% from 1H 2021). Net loss: UK£633.0k (loss narrowed 46% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 29Full year 2021 earnings released: UK£0.018 loss per share (vs UK£0.033 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: UK£9.75m (down 38% from FY 2020). Net loss: UK£2.09m (loss narrowed 38% from FY 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.공시 • May 29Grafenia Plc Proposes the Distribution of Dividend in the Amount of EUR 0.8232 Per Share, Subject to the Approval of the Dividend by the AGM to Be Held on June 30, 2021The board of directors of the Grafenia Plc has proposed the distribution of dividend in the amount of EUR 0.8232 per share, subject to the approval of the dividend by the AGM to be held on June 30, 2021.공시 • Apr 18Grafenia plc Provides Earnings Guidance for the Year Ended 31 March 2021Grafenia Plc provided earnings guidance for the year ended 31 March 2021. For the period, The company expects full year revenue to be around £9.5 million (2020: £15.6 million). Expect net loss to be lower than last year.분석 기사 • Jan 18Is Grafenia (LON:GRA) Using Debt In A Risky Way?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Nov 27First half 2021 earnings released: UK£0.01 loss per shareThe company reported a poor first half result with increased losses and weaker revenues and control over expenses. First half 2021 results: Revenue: UK£5.25m (down 38% from 1H 2020). Net loss: UK£1.17m (loss widened 8.5% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.분석 기사 • Nov 27What Can We Learn About Grafenia's (LON:GRA) CEO Compensation?The CEO of Grafenia Plc (LON:GRA) is Peter Gunning, and this article examines the executive's compensation against the...매출 및 비용 세부 내역Software Circle가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이AIM:SFT 매출, 비용 및 순이익 (GBP Millions)날짜매출순이익일반관리비연구개발비30 Sep 2520-39030 Jun 2519-28031 Mar 251807031 Dec 241807030 Sep 241706030 Jun 2417-16031 Mar 2416-25031 Dec 2316-25030 Sep 2315-35030 Jun 2313-24031 Mar 2312-14031 Dec 2211-13030 Sep 229-12030 Jun 229-12031 Mar 229-12030 Sep 21601030 Jun 217-11031 Mar 217-12031 Dec 2011-35030 Sep 2012-35030 Jun 2014-35031 Mar 2016-36031 Dec 1916-36030 Sep 1916-36030 Jun 1916-36031 Mar 1916-36031 Dec 1816-26030 Sep 1816-25030 Jun 1815-15031 Mar 1815-15031 Dec 1713-14030 Sep 1712-14030 Jun 1711-14031 Mar 1710-14030 Sep 161104030 Jun 161104031 Mar 161104030 Sep 151104030 Jun 1511040양질의 수익: SFT 은(는) 현재 수익성이 없습니다.이익 마진 증가: SFT는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: SFT는 수익성이 없지만 지난 5년 동안 연평균 5.8%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 SFT의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: SFT은 수익성이 없어 지난 해 수익 성장률을 Commercial Services 업계(-4.7%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: SFT는 현재 수익성이 없으므로 자본 수익률이 음수(-13.69%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCommercial-services 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 05:43종가2026/05/20 00:00수익2025/09/30연간 수익2025/03/31데이터 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 소스Software Circle plc는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Mark BrewerHardman & Co.Jonathan LienardSinger Capital Markets
Reported Earnings • Nov 27First half 2026 earnings released: UK£0.003 loss per share (vs UK£0.003 profit in 1H 2025)First half 2026 results: UK£0.003 loss per share (down from UK£0.003 profit in 1H 2025). Revenue: UK£10.2m (up 14% from 1H 2025). Net loss: UK£1.22m (down 198% from profit in 1H 2025). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jul 24Full year 2025 earnings released: UK£0.001 loss per share (vs UK£0.009 loss in FY 2024)Full year 2025 results: UK£0.001 loss per share (improved from UK£0.009 loss in FY 2024). Revenue: UK£18.3m (up 13% from FY 2024). Net loss: UK£329.0k (loss narrowed 86% from FY 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Dec 07First half 2025 earnings released: EPS: UK£0.003 (vs UK£0.013 loss in 1H 2024)First half 2025 results: EPS: UK£0.003 (up from UK£0.013 loss in 1H 2024). Revenue: UK£8.92m (up 8.1% from 1H 2024). Net income: UK£1.25m (up UK£2.83m from 1H 2024). Profit margin: 14% (up from net loss in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 68% per year, which means it is well ahead of earnings.
공시 • Nov 25Software Circle plc to Report First Half, 2025 Results on Dec 05, 2024Software Circle plc announced that they will report first half, 2025 results on Dec 05, 2024
Reported Earnings • Aug 27Full year 2024 earnings released: UK£0.009 loss per share (vs UK£0.012 loss in FY 2023)Full year 2024 results: UK£0.009 loss per share. Revenue: UK£16.2m (up 38% from FY 2023). Net loss: UK£2.37m (loss widened 68% from FY 2023).
Reported Earnings • Jul 25Full year 2024 earnings released: UK£0.009 loss per share (vs UK£0.012 loss in FY 2023)Full year 2024 results: UK£0.009 loss per share. Revenue: UK£16.2m (up 38% from FY 2023). Net loss: UK£2.37m (loss widened 68% from FY 2023).
New Risk • Feb 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: UK£71.2m (US$96.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 27First half 2026 earnings released: UK£0.003 loss per share (vs UK£0.003 profit in 1H 2025)First half 2026 results: UK£0.003 loss per share (down from UK£0.003 profit in 1H 2025). Revenue: UK£10.2m (up 14% from 1H 2025). Net loss: UK£1.22m (down 198% from profit in 1H 2025). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 14Software Circle plc (AIM:SFT) completed the acquisition of Broker Information Services Limited for £8.2 million.Software Circle plc (AIM:SFT) acquired Broker Information Services Limited for £8.2 million on October 13, 2025. A cash consideration of £6.9 million will be paid by Software Circle plc. Software Circle plc will pay an earnout/contingent payment of £1.35 million cash. As part of consideration, £8.25 million is paid towards common equity of Broker Information Services Limited. Software Circle plc (AIM:SFT) completed the acquisition of Broker Information Services Limited on October 13, 2025.
공시 • Aug 06+ 1 more updateSoftware Circle plc (AIM:SFT) acquired 95% stake in Artificial Intelligence Finance LTD from Enterprise Ireland for €9 million.Software Circle plc (AIM:SFT) acquired 95% stake in Artificial Intelligence Finance LTD from Enterprise Ireland for €9 million on August 5, 2025. The initial consideration paid at completion was €4.33m, with deferred consideration of €0.67m to be paid on the first anniversary of completion. Up to a further €4.0m is payable to acquire the remaining approximately 5% of AIF's share capital, contingent upon the achievement of certain targets relating to the future financial performance of AIF (the "Earn-out"). The initial consideration of €4.33m was funded from existing Software Circle cash reserves. David Hart and Piers Shimwell of Allenby Capital Limited acted as financial advisor for Software Circle plc. Software Circle plc (AIM:SFT) completed the acquisition of 95% stake in Artificial Intelligence Finance LTD from Enterprise Ireland on August 5, 2025.
Reported Earnings • Jul 24Full year 2025 earnings released: UK£0.001 loss per share (vs UK£0.009 loss in FY 2024)Full year 2025 results: UK£0.001 loss per share (improved from UK£0.009 loss in FY 2024). Revenue: UK£18.3m (up 13% from FY 2024). Net loss: UK£329.0k (loss narrowed 86% from FY 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jul 23Software Circle plc, Annual General Meeting, Sep 03, 2025Software Circle plc, Annual General Meeting, Sep 03, 2025. Location: the offices of gateley plc, ship canal house, 98 king street, m2 4wu, manchester United Kingdom
Buy Or Sell Opportunity • Jul 10Now 22% undervaluedOver the last 90 days, the stock has risen 5.6% to UK£0.28. The fair value is estimated to be UK£0.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Jun 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Large one-off items impacting financial results.
Buy Or Sell Opportunity • May 14Now 20% undervaluedOver the last 90 days, the stock has risen 7.7% to UK£0.28. The fair value is estimated to be UK£0.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Apr 23Now 21% undervaluedOver the last 90 days, the stock has risen 10.0% to UK£0.28. The fair value is estimated to be UK£0.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Apr 04Now 23% undervaluedOver the last 90 days, the stock has risen 15% to UK£0.27. The fair value is estimated to be UK£0.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable.
Recent Insider Transactions • Mar 10Chairman of the Board recently bought UK£142k worth of stockOn the 4th of March, Matthias Riechert bought around 469k shares on-market at roughly UK£0.30 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Matthias has been a buyer over the last 12 months, purchasing a net total of UK£169k worth in shares.
New Risk • Feb 04New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: UK£75k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (UK£75k sold).
Recent Insider Transactions • Feb 03Company Secretary & Executive Director recently sold UK£75k worth of stockOn the 31st of January, Richard Lightfoot sold around 326k shares on-market at roughly UK£0.23 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought UK£27k more than they sold in the last 12 months.
Reported Earnings • Dec 07First half 2025 earnings released: EPS: UK£0.003 (vs UK£0.013 loss in 1H 2024)First half 2025 results: EPS: UK£0.003 (up from UK£0.013 loss in 1H 2024). Revenue: UK£8.92m (up 8.1% from 1H 2024). Net income: UK£1.25m (up UK£2.83m from 1H 2024). Profit margin: 14% (up from net loss in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 68% per year, which means it is well ahead of earnings.
공시 • Nov 25Software Circle plc to Report First Half, 2025 Results on Dec 05, 2024Software Circle plc announced that they will report first half, 2025 results on Dec 05, 2024
공시 • Nov 20Software Circle plc Appoints Brad Ormsby as Non-Executive DirectorOctopus AIM VCT 2 plc announced that Brad Ormsby, a Non-Executive Director of the company, was appointed a Non-Executive Director of Software Circle plc with effect from 18 September 2024.
분석 기사 • Oct 15Software Circle plc (LON:SFT) Looks Just Right With A 26% Price JumpThe Software Circle plc ( LON:SFT ) share price has done very well over the last month, posting an excellent gain of...
공시 • Sep 18Software Circle plc Announces Board ChangesSoftware Circle plc will advise shareholders at the Annual General Meeting (AGM) to be held on 18 September 2024, immediately following the meeting, the following changes will be made to the Group's Board: As previously announced, Jan Mohr will resign as Chairman. Conrad Bona will step down as Non-Executive Director given his length of service on the board.
Reported Earnings • Aug 27Full year 2024 earnings released: UK£0.009 loss per share (vs UK£0.012 loss in FY 2023)Full year 2024 results: UK£0.009 loss per share. Revenue: UK£16.2m (up 38% from FY 2023). Net loss: UK£2.37m (loss widened 68% from FY 2023).
공시 • Aug 26Software Circle plc, Annual General Meeting, Sep 18, 2024Software Circle plc, Annual General Meeting, Sep 18, 2024. Location: the offices of gateley plc, ship canal house, 98 king street, m2 4wu, manchester United Kingdom
공시 • Jul 26Software Circle plc (AIM:SFT) acquired Link Maker Systems Limited from Craig Rigby-Wilson (Co-CEO), Andy Leary-May (Co-CEO) and Linda Hill for £4.5 million.Software Circle plc (AIM:SFT) acquired Link Maker Systems Limited from Craig Rigby-Wilson (Co-CEO), Andy Leary-May (Co-CEO) and Linda Hill for £4.5 million on July 26, 2024. Under the terms of agreement, the total consideration of £4.5 million will be satisfied in cash and is structured on a debt free/cash free basis. The acquisition is expected to be cash flow generative and earnings enhancing in the first year after acquisition. The initial consideration paid at completion was £3.0 million. Up to a further £1.5 million is payable contingent upon the achievement of certain targets relating to the future financial performance of Link Maker (the "Contingent Consideration"). The Contingent Consideration is dependent on Link Maker achieving certain annual recurring revenue targets and may be achieved in full or in part by exceeding those targets in the year commencing July 2025. The £3.0 million initial consideration was funded from existing Software Circle cash reserves. The unaudited financial statements for Link Maker for the year ended March 31, 2024 reported revenue of £1.56 million, EBIT of £0.89 million and closing net assets of £0.46 million. David Hart and Piers Shimwell of Allenby Capital Limited acted as financial advisor to Software Circle plc. Software Circle plc (AIM:SFT) completed the acquisition of Link Maker Systems Limited from Craig Rigby-Wilson (Co-CEO), Andy Leary-May (Co-CEO) and Linda Hill on July 26, 2024.
Reported Earnings • Jul 25Full year 2024 earnings released: UK£0.009 loss per share (vs UK£0.012 loss in FY 2023)Full year 2024 results: UK£0.009 loss per share. Revenue: UK£16.2m (up 38% from FY 2023). Net loss: UK£2.37m (loss widened 68% from FY 2023).
New Risk • Jun 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Shareholders have been substantially diluted in the past year (241% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Market cap is less than US$100m (UK£74.1m market cap, or US$94.2m).
공시 • May 30Software Circle plc (AIM:SFT) acquired Be The Brand Experience Limited for £3.5 millionSoftware Circle plc (AIM:SFT) acquired Be The Brand Experience Limited for £3.5 million on May 30, 2024. The total consideration of £3.5 million will be satisfied in cash and is structured on a debt free and cash free basis. The acquisition is expected to be cash flow generative and earnings enhancing in the first year after acquisition. Initial consideration of £2.8 million was paid on completion and a further £0.7 million of deferred consideration will be paid on the first anniversary of completion. Adam Hainsworth, Managing Director and a shareholder, will remain with the business for 12 months to oversee the transition. The other two shareholders, Guy Hainsworth and Jes Ongley, have entered into new employment contracts and will continue to lead the team of thirteen staff. David Hart and Piers Shimwell from Allenby Capital Limited act as financial advisor for Software Circle plc. Software Circle plc (AIM:SFT) completed the acquisition of Be The Brand Experience Limited on May 30, 2024.
분석 기사 • Mar 28Software Circle plc's (LON:SFT) P/S Still Appears To Be ReasonableWhen you see that almost half of the companies in the Commercial Services industry in the United Kingdom have...
Buy Or Sell Opportunity • Mar 12Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to UK£0.15. The fair value is estimated to be UK£0.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 10%.
Buy Or Sell Opportunity • Feb 23Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to UK£0.15. The fair value is estimated to be UK£0.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 10%.
공시 • Feb 21Software Circle plc (AIM:SFT) acquired Arc Technology Limited for £2.0 million.Software Circle plc (AIM:SFT) acquired Arc Technology Limited for £2.0 million on February 21, 2024. The total consideration of up to £2.0 million will be satisfied in cash and is structured on a debt-free/cash-free basis. The initial consideration paid at completion was £1.1 million, with a deferred consideration of £0.3 million to be paid on the first anniversary of completion. Up to a further £0.6m is payable contingent upon the achievement of certain targets relating to the future financial performance of ARC Technology Limited. The £1.1 million initial consideration was funded from existing Software Circle cash reserves. The Earn-out is dependent on ARC achieving certain annual recurring revenue targets and may be achieved in full or in part by exceeding those targets in any of the two years commencing February 21, 2024. Nader Bishay, Managing Director and 50% shareholder of ARC, will remain with the business, enteringinto a new employment contract, and will continue to lead the team of eight staff located in England. Founding shareholder Soraia Bishay will leave the business. The unaudited financial statements for ARC for the year ended July 31, 2023, reported revenue of £1.1 million, EBIT of £0.34 million, and closing net assets of £0.94 million. David Hart, Piers Shimwell, Stefano Aquilino and Joscelin Pinnington of Allenby Capital Limited acted as financial advisors for Software Circle plc. Software Circle plc (AIM:SFT) completed the acquisition of Arc Technology Limited on February 21, 2024.
Buy Or Sell Opportunity • Jan 19Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to UK£0.14. The fair value is estimated to be UK£0.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 10%.
Reported Earnings • Dec 01First half 2024 earnings released: UK£0.013 loss per share (vs UK£0.004 loss in 1H 2023)First half 2024 results: UK£0.013 loss per share (further deteriorated from UK£0.004 loss in 1H 2023). Revenue: UK£8.25m (up 41% from 1H 2023). Net loss: UK£1.58m (loss widened 250% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Oct 17Grafenia Plc's (LON:GRA) Shares May Have Run Too Fast Too SoonWhen close to half the companies in the Commercial Services industry in the United Kingdom have price-to-sales ratios...
New Risk • Sep 25New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 139% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (139% increase in shares outstanding). Minor Risk Market cap is less than US$100m (UK£24.7m market cap, or US$30.2m).
공시 • Sep 23Sun Mountain Partners, LLC acquired a 11.8% stake in Grafenia Plc (AIM:GRA).Sun Mountain Partners, LLC acquired a 11.8% stake in Grafenia Plc (AIM:GRA) on September 21, 2023. Pursuant to transaction, Sun Mountain Partners acquired 31,764,704 shares, representing 11.8% stake in Grafenia.Sun Mountain Partners, LLC completed the acquisition of a 11.8% stake in Grafenia Plc (AIM:GRA) on September 21, 2023.
New Risk • Sep 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Market cap is less than US$100m (UK£10.8m market cap, or US$13.3m).
공시 • Sep 16Grafenia Plc, Annual General Meeting, Sep 26, 2023Grafenia Plc, Annual General Meeting, Sep 26, 2023, at 09:00 Coordinated Universal Time. Location: Company's offices at Nettl of Birmingham Business Store 37a Great Charles Street Queensway Birmingham, United Kingdom
Reported Earnings • Sep 01Full year 2023 earnings released: UK£0.012 loss per share (vs UK£0.005 loss in FY 2022)Full year 2023 results: UK£0.012 loss per share (further deteriorated from UK£0.005 loss in FY 2022). Revenue: UK£11.7m (up 31% from FY 2022). Net loss: UK£1.41m (loss widened 152% from FY 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
분석 기사 • Aug 08Is Grafenia (LON:GRA) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Jul 28Full year 2023 earnings released: UK£0.012 loss per share (vs UK£0.005 loss in FY 2022)Full year 2023 results: UK£0.012 loss per share (further deteriorated from UK£0.005 loss in FY 2022). Revenue: UK£11.7m (up 31% from FY 2022). Net loss: UK£1.41m (loss widened 152% from FY 2022). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공시 • Jan 19Grafenia Plc acquired Care Management Systems Limited for £3.5 million.Grafenia Plc acquired Care Management Systems Limited for £3.5 million on January 18, 2023. The initial consideration of £2.975 million will be paid on completion, together with deferred consideration of £0.525 million will be paid on the first anniversary of completion. As of February 28, 2022, CMS reported revenue of £2.45 million, EBIT of £0.12 million and closing net assets of £1.3 million. Allenby Capital Limited acted as financial advisor to Grafenia Plc. Adam Kaucher and Gregory Mazgajczyk of Irwin Mitchell LLP acted as legal advisor to Care Management Systems. Gateley Plc acted as legal advisor to Grafenia. Grafenia Plc completed the acquisition of Care Management Systems Limited on January 18, 2023.
공시 • Jan 18Grafenia Plc to Report Fiscal Year 2023 Results on Apr 30, 2023Grafenia Plc announced that they will report fiscal year 2023 results on Apr 30, 2023
공시 • Dec 08Grafenia Plc (AIM:GRA) acquired Watermark Technologies Limited for £2.5 million.Grafenia Plc (AIM:GRA) acquired Watermark Technologies Limited for £2.5 million on December 7, 2022. The initial consideration comprises cash of £1.5 million to be paid on completion, together with deferred consideration of £1.0 million to be paid on the first anniversary of completion. As of March 31, 2022, Watermark Technologies reported revenue of £1.21 million, EBIT of £0.44 million and closing net assets of £0.46 million. Grafenia Plc (AIM:GRA) completed the acquisition of Watermark Technologies Limited on December 7, 2022.
Reported Earnings • Nov 25First half 2023 earnings releasedFirst half 2023 results: UK£0.006 loss per share. Revenue: UK£4.97m (down 21% from 1H 2022). Net loss: UK£484.0k (loss narrowed 24% from 1H 2022).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Simon Barrell was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Nov 02Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Simon Barrell was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Oct 31Grafenia plc Appoints Matthias Riechert to the Board as A Non-Executive DirectorGrafenia Plc announced the appointment of Matthias Riechert to the Board as a Non-Executive Director with effect from 31 October 2022. Matthias is a founder and Director of P&R Investment Management Limited ("P&R"), an investment advisory firm. Previously, Matthias worked in sales and trading at Citigroup Global Markets for nine years. He has an MBA from London Business School and Columbia Business School where he specialised in value investing. P&R is acting as the mandated investment advisor to Axxion S.A., the alternative investment manager of the P&R Real Value fund. Axxion S.A. currently holds 5,634,919 ordinary shares in Grafenia plc in relation to the P&R Real Value fund, makes its own investment decisions in that regard and is independent of Mr. Riechert. Matthias Siegfried Riechert, aged 49, has held the following directorships and/or partnerships in the past five years: Current directorships and/or partnerships · Maxigendance Limited · P&R Investment Management Limited · Polleit & Riechert Investment Management LLP.
공시 • Sep 24Grafenia Plc (AIM:GRA) agreed to acquire Vertical Plus for £2.9 million.Grafenia Plc (AIM:GRA) agreed to acquire Vertical Plus for £2.9 million on September 22, 2022. Under the terms of transaction, £2.88 million will be paid in cash, £1.00 million as deferred payment and £0.63 million as earnout. The Company is seeking to raise £4.25 million via an issue of bonds, £1.25 million of which will be used for the initial consideration due on the acquisition. Completion of the acquisition is conditional on the completion of short form sale and purchase agreements by minority shareholders of Vertical Plus and funds being raised by Grafenia via the bond facility put in place in 2020. The unaudited financial statements for Vertical Plus for the year ended 31 March 2022 reported revenue of £2.01m, EBIT of £0.25m, and closing net assets of £1.29m.
공시 • Jul 30Grafenia Plc, Annual General Meeting, Sep 14, 2022Grafenia Plc, Annual General Meeting, Sep 14, 2022.
Reported Earnings • Jul 28Full year 2022 earnings released: UK£0.016 loss per share (vs UK£0.018 loss in FY 2021)Full year 2022 results: UK£0.016 loss per share (up from UK£0.018 loss in FY 2021). Revenue: UK£12.4m (up 27% from FY 2021). Net loss: UK£1.15m (loss narrowed 45% from FY 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
공시 • May 20Rymack Sign Solutions Limited ntered into a sale and purchase agreement to acquire Works Manchester Limited from Grafenia Plc (AIM:GRA) for £3.2 million.Rymack Sign Solutions Limited ntered into a sale and purchase agreement to acquire Works Manchester Limited from Grafenia Plc (AIM:GRA) for £3.2 million on May 19, 2022. The transaction is conditional on Grafenia Operations and Works Manchester completing a business purchase agreement ("BPA") in respect of the sale of certain business and assets to Works Manchester. Grafenia will enter into a five-year supply agreement under which Works Manchester will continue to manufacture and supply products to their partners, via their platform. Works Manchester will enter into a five-year software licence for the right to use w3p, the Grafenia production platform, at a fee of £10,000 per month.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Non Executive Director Simon Barrell was the last independent 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 • Apr 07Grafenia Plc Provides Earnings Guidance for the Full Year of 2022Grafenia Plc provided earnings guidance for the full year of 2022. For the period, the company expects sales in excess of £12.0 million (2021: £9.65 million). Whilst this isn't back to pre-pandemic levels, cost base is significantly different and the breakeven point is much lower.
분석 기사 • Dec 20Does Grafenia (LON:GRA) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 24First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: UK£0.006 loss per share (up from UK£0.01 loss in 1H 2021). Revenue: UK£6.31m (up 20% from 1H 2021). Net loss: UK£633.0k (loss narrowed 46% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 29Full year 2021 earnings released: UK£0.018 loss per share (vs UK£0.033 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: UK£9.75m (down 38% from FY 2020). Net loss: UK£2.09m (loss narrowed 38% from FY 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
공시 • May 29Grafenia Plc Proposes the Distribution of Dividend in the Amount of EUR 0.8232 Per Share, Subject to the Approval of the Dividend by the AGM to Be Held on June 30, 2021The board of directors of the Grafenia Plc has proposed the distribution of dividend in the amount of EUR 0.8232 per share, subject to the approval of the dividend by the AGM to be held on June 30, 2021.
공시 • Apr 18Grafenia plc Provides Earnings Guidance for the Year Ended 31 March 2021Grafenia Plc provided earnings guidance for the year ended 31 March 2021. For the period, The company expects full year revenue to be around £9.5 million (2020: £15.6 million). Expect net loss to be lower than last year.
분석 기사 • Jan 18Is Grafenia (LON:GRA) Using Debt In A Risky Way?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Nov 27First half 2021 earnings released: UK£0.01 loss per shareThe company reported a poor first half result with increased losses and weaker revenues and control over expenses. First half 2021 results: Revenue: UK£5.25m (down 38% from 1H 2020). Net loss: UK£1.17m (loss widened 8.5% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
분석 기사 • Nov 27What Can We Learn About Grafenia's (LON:GRA) CEO Compensation?The CEO of Grafenia Plc (LON:GRA) is Peter Gunning, and this article examines the executive's compensation against the...