This company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 Eventsi(x) Net Zero (IX.) 주식 개요i(x) Net Zero Plc는 에너지 전환과 건축 환경의 지속 가능성에 중점을 둔 투자 회사로 운영됩니다. 자세히 보기IX. 펀더멘털 분석스노우플레이크 점수가치 평가4/6미래 성장0/6과거 실적3/6재무 건전성3/6배당0/6강점공정 가치 추정치보다 낮은 98% 에서 거래올해부터 흑자전환위험 분석높은 수준의 비현금 수입지난 3개월 동안 주가 변동성이 UK 시장과 비교했을 때 매우 높았습니다.의미 있는 시가총액이 없습니다(£7M)모든 위험 점검 보기IX. Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUK£Current PriceUK£0.0892.2% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-18m2b2016201920222025202620282031Revenue US$1.6bEarnings US$1.2bAdvancedSet Fair ValueView all narrativesi(x) Net Zero Plc 경쟁사Kelso Group HoldingsSymbol: LSE:KLSOMarket cap: UK£14.4mWestern SelectionSymbol: OFEX:WESPMarket cap: UK£11.2mBlackfinch Spring VCTSymbol: LSE:BFSPMarket cap: UK£73.2mMineral & Financial InvestmentsSymbol: AIM:MAFLMarket cap: UK£18.5m가격 이력 및 성과i(x) Net Zero 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가UK£0.0852주 최고가UK£0.3152주 최저가UK£0.08베타2.021개월 변동-25.58%3개월 변동-55.56%1년 변동-60.98%3년 변동n/a5년 변동n/aIPO 이후 변동-89.61%최근 뉴스 및 업데이트공시 • Jul 04i(x) Net Zero Plc, Annual General Meeting, Jul 19, 2024i(x) Net Zero Plc, Annual General Meeting, Jul 19, 2024. Location: the offices of buchanan communications, 107 cheapside, ec2v 6dn, london United Kingdom공시 • Jun 29i(x) Net Zero Proposes Cancellation of Ordinary Shares Admission to Trade on AIMi(x) Net Zero Plc announced the proposed cancellation of admission of its ordinary shares to trading on AIM (‘Cancellation’). The Directors have undertaken a review to evaluate the benefits and drawbacks to the Company and its Shareholders of retaining the admission to trading of the Ordinary Shares on AIM. The Directors have taken into consideration numerous factors, both positive and negative, and considered the interests of all Shareholders in reaching its decision. Following this review, the Board has concluded that the continued admission to trading of the Ordinary Shares on AIM is not appropriate and, accordingly, the Cancellation is in the best interests of the Company and its Shareholders as a whole including for the following reasons: The Company's share price fell by approximately 70% to 22 pence in the 6 months after IPO and has since remained at or around this level, despite the NAV of the Company's underlying investments having materially increased during this period. There has been limited liquidity in the Ordinary Shares for some time and, as a result, the Directors believe that continued admission to trading on AIM no longer sufficiently provides the Company with the advantage of providing access to capital in the medium to longer-term, nor in the opinion of the Directors, provides liquidity to investors. The Directors believe that the low share price is seen as a barrier to the Company issuing further shares and so the Company's ability to provide additional funds to it portfolio companies or to make new investments. Notwithstanding the public reporting of NAV, whilst the low share price has become disconnected with the underlying NAV of the Company's investments and the Directors believe that this low share price hampers valuation discussions when looking to realise investments the Company has made. The considerable cost, management time and legal and regulatory burden associated with maintaining the Company's admission to trading on AIM are, in the Directors' opinion, disproportionate to the benefits to the Company's continued admission to trading on AIM. More generally, the Directors believe that the UK small and micro-cap public markets have had a significant change in sentiment over the past few years and that the Company's current public market valuation does not reject the underlying potential of the business with the result that growth prospects are more readily accessible and managed in a private market environment. Pursuant to AIM Rule 41, the Cancellation can only be effected by the Company after securing a resolution of Shareholders in a general meeting passed by a requisite majority, being not less than 75% of the votes cast by Shareholders (in person or by proxy). The Directors intend to propose the resolution to approve the Cancellation at or around the time of the forthcoming AGM and a further announcement of the timing of the proposed Cancellation will be made in due course. Further details of the effect of the proposed Cancellation is set out at the end of this Announcement. The Directors are aware that Shareholders may wish to acquire or dispose of Ordinary Shares in the Company following the Cancellation but there will be no formal market for this which would make it more difficult for Shareholders to buy and sell Ordinary Shares should they wish to do so. The Company intends to make arrangements for a Matched Bargain Facility to assist Shareholders to trade in the Ordinary Shares to be put in place from the date of the Cancellation, if the resolutions necessary to approve the proposed Cancellation are passed. The intended Matched Bargain Facility would be provided by J P Jenkins. J P Jenkins is an appointed representative of Prosper Capital LLP, which is authorised and regulated by the FCA.Price Target Changed • Apr 26Price target increased by 7.7% to UK£1.10Up from UK£1.02, the current price target is provided by 1 analyst. New target price is 547% above last closing price of UK£0.17. Stock is down 5.6% over the past year. The company posted a net loss per share of US$0.23 last year.New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 High level of non-cash earnings (73% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.8% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (UK£13.6m market cap, or US$16.9m).New Risk • Mar 22New 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 7.4% 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 Risk High level of non-cash earnings (73% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (UK£12.9m market cap, or US$16.2m).Price Target Changed • Aug 18Price target increased by 7.7% to UK£1.10Up from UK£1.02, the current price target is provided by 1 analyst. New target price is 340% above last closing price of UK£0.25. Stock is down 2.0% over the past year. The company posted a net loss per share of US$0.23 last year.더 많은 업데이트 보기Recent updates공시 • Jul 04i(x) Net Zero Plc, Annual General Meeting, Jul 19, 2024i(x) Net Zero Plc, Annual General Meeting, Jul 19, 2024. Location: the offices of buchanan communications, 107 cheapside, ec2v 6dn, london United Kingdom공시 • Jun 29i(x) Net Zero Proposes Cancellation of Ordinary Shares Admission to Trade on AIMi(x) Net Zero Plc announced the proposed cancellation of admission of its ordinary shares to trading on AIM (‘Cancellation’). The Directors have undertaken a review to evaluate the benefits and drawbacks to the Company and its Shareholders of retaining the admission to trading of the Ordinary Shares on AIM. The Directors have taken into consideration numerous factors, both positive and negative, and considered the interests of all Shareholders in reaching its decision. Following this review, the Board has concluded that the continued admission to trading of the Ordinary Shares on AIM is not appropriate and, accordingly, the Cancellation is in the best interests of the Company and its Shareholders as a whole including for the following reasons: The Company's share price fell by approximately 70% to 22 pence in the 6 months after IPO and has since remained at or around this level, despite the NAV of the Company's underlying investments having materially increased during this period. There has been limited liquidity in the Ordinary Shares for some time and, as a result, the Directors believe that continued admission to trading on AIM no longer sufficiently provides the Company with the advantage of providing access to capital in the medium to longer-term, nor in the opinion of the Directors, provides liquidity to investors. The Directors believe that the low share price is seen as a barrier to the Company issuing further shares and so the Company's ability to provide additional funds to it portfolio companies or to make new investments. Notwithstanding the public reporting of NAV, whilst the low share price has become disconnected with the underlying NAV of the Company's investments and the Directors believe that this low share price hampers valuation discussions when looking to realise investments the Company has made. The considerable cost, management time and legal and regulatory burden associated with maintaining the Company's admission to trading on AIM are, in the Directors' opinion, disproportionate to the benefits to the Company's continued admission to trading on AIM. More generally, the Directors believe that the UK small and micro-cap public markets have had a significant change in sentiment over the past few years and that the Company's current public market valuation does not reject the underlying potential of the business with the result that growth prospects are more readily accessible and managed in a private market environment. Pursuant to AIM Rule 41, the Cancellation can only be effected by the Company after securing a resolution of Shareholders in a general meeting passed by a requisite majority, being not less than 75% of the votes cast by Shareholders (in person or by proxy). The Directors intend to propose the resolution to approve the Cancellation at or around the time of the forthcoming AGM and a further announcement of the timing of the proposed Cancellation will be made in due course. Further details of the effect of the proposed Cancellation is set out at the end of this Announcement. The Directors are aware that Shareholders may wish to acquire or dispose of Ordinary Shares in the Company following the Cancellation but there will be no formal market for this which would make it more difficult for Shareholders to buy and sell Ordinary Shares should they wish to do so. The Company intends to make arrangements for a Matched Bargain Facility to assist Shareholders to trade in the Ordinary Shares to be put in place from the date of the Cancellation, if the resolutions necessary to approve the proposed Cancellation are passed. The intended Matched Bargain Facility would be provided by J P Jenkins. J P Jenkins is an appointed representative of Prosper Capital LLP, which is authorised and regulated by the FCA.Price Target Changed • Apr 26Price target increased by 7.7% to UK£1.10Up from UK£1.02, the current price target is provided by 1 analyst. New target price is 547% above last closing price of UK£0.17. Stock is down 5.6% over the past year. The company posted a net loss per share of US$0.23 last year.New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 High level of non-cash earnings (73% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.8% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (UK£13.6m market cap, or US$16.9m).New Risk • Mar 22New 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 7.4% 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 Risk High level of non-cash earnings (73% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (UK£12.9m market cap, or US$16.2m).Price Target Changed • Aug 18Price target increased by 7.7% to UK£1.10Up from UK£1.02, the current price target is provided by 1 analyst. New target price is 340% above last closing price of UK£0.25. Stock is down 2.0% over the past year. The company posted a net loss per share of US$0.23 last year.공시 • Jun 21i(x) Net Zero Plc, Annual General Meeting, Jul 05, 2023i(x) Net Zero Plc, Annual General Meeting, Jul 05, 2023, at 15:00 Coordinated Universal Time. Location: the offices of Buchanan Communications, 107 Cheapside, London, EC2V 6DN London United KingdomNew Risk • Jun 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.6% 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: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 9.1% per year over the past 5 years. Revenue is less than US$1m (US$2.6k revenue). Minor Risks Shareholders have been diluted in the past year (8.6% increase in shares outstanding). Market cap is less than US$100m (UK£12.0m market cap, or US$15.4m).New Risk • Jun 15New major risk - Revenue and earnings growthEarnings have declined by 0.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 0.7% per year over the past 5 years. Revenue is less than US$1m (US$2.6k revenue). Minor Risk Market cap is less than US$100m (UK£9.88m market cap, or US$12.5m).Recent Insider Transactions • Apr 30CFO & Executive Director recently bought UK£72k worth of stockOn the 26th of April, Jonathan Stearns bought around 850k shares on-market at roughly UK£0.085 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Jonathan's only on-market trade for the last 12 months.공시 • Jan 24i(x) Net Zero Plc Announces Executive Changesi(x) Net Zero Plc announced the appointment of Pär Lindström, the Company's Chief Investment Officer, as its Chief Executive Officer, replacing Steve Oyer, who has stepped down from the Board, with immediate effect. Pär will continue in his role as Chief Investment Officer of the Company. Pär Lindström, who co-founded the Company in 2015, has over 25 years' investment experience, M&A experience and business development expertise through a career focused on venture capital, growth capital and private equity investments in the U.S., Europe and the emerging markets.Reported Earnings • Sep 30First half 2022 earnings released: US$0.16 loss per share (vs US$0 in 1H 2021)First half 2022 results: US$0.16 loss per share (further deteriorated from US$0 in 1H 2021). Net loss: US$13.0m (down 135% from profit in 1H 2021).공시 • Jun 10i(x) Net Zero Plc, Annual General Meeting, Jun 29, 2022i(x) Net Zero Plc, Annual General Meeting, Jun 29, 2022, at 15:30 Coordinated Universal Time. Location: Hannam and Partners, 7-10 Chandos Street, W1G 9DQ London United KingdomReported Earnings • Jun 09Full year 2021 earnings releasedFull year 2021 results: Net income: US$36.0m (up US$31.3m from FY 2020).Board Change • May 28Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.공시 • May 08I(X) Net Zero plc Announces Chief Financial Officer Change, Effective 1 July 2022i(x) Net Zero PLC, announced the appointment of Dmitri Tsvetkov as its Chief Financial Officer and an Executive Director with effect from 1 July 2022. Dmitri will replace Marc Chennault, i(x)'s Chief Financial Officer, who has split his time as CFO of both i(x) and WasteFuel Global, LLC ("WasteFuel"), a sustainable transportation fuels company and one of i(x)'s investee companies, since August 2020. Marc has been appointed as the full time Chief Financial Officer of WasteFuel with effect from 1 July 2022. Mr. Tsvetkov has more than 27 years of financial, accounting and operational experience, including significant experience of working with energy sector listed companies in London, Africa, Asia and Canada. Dmitri joins i(x) Net Zero from AIM-listed OPG Power Ventures plc ("OPG"), a power generation company operating in India, where he was Chief Financial Officer and a Board Director of the Company. Dmitri was a member of OPG's ESG committee and was part of the leadership team developing its energy transition strategy and its first standalone ESG report.공시 • May 03i(x) Net Zero Plc Appoints Dmitri Tsvetkov as Group Finance Director, with Effect from 1 June 2022i(x) Net Zero Plc announced the appointment of Dmitri Tsvetkov as Group Finance Director with effect from 1 June 2022. Dmitri has more than 27 years of financial, accounting and operational experience, including significant experience of working with energy sector listed companies in London, Africa, Asia and Canada. Dmitri joins the Company from OPG Power Ventures plc.주주 수익률IX.GB Capital MarketsGB 시장7D-20.0%3.4%2.5%1Y-61.0%-7.2%19.4%전체 주주 수익률 보기수익률 대 산업: IX.은 지난 1년 동안 -7.2%의 수익을 기록한 UK Capital Markets 산업보다 저조한 성과를 냈습니다.수익률 대 시장: IX.은 지난 1년 동안 19.4%를 기록한 UK 시장보다 저조한 성과를 냈습니다.주가 변동성Is IX.'s price volatile compared to industry and market?IX. volatilityIX. Average Weekly Movement12.9%Capital Markets Industry Average Movement4.5%Market Average Movement5.7%10% most volatile stocks in GB Market11.9%10% least volatile stocks in GB Market3.1%안정적인 주가: IX.의 주가는 지난 3개월 동안 UK 시장보다 변동성이 컸습니다.시간에 따른 변동성: IX.의 주간 변동성(13%)은 지난 1년 동안 안정적이었지만 UK 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트20158Par Lindstromixnetzero.comi(x) Net Zero Plc는 에너지 전환과 건축 환경의 지속가능성에 중점을 둔 투자 회사로 운영되고 있습니다. 이 회사는 2015년에 설립되었으며 뉴저지 세인트 헬리어에 본사를 두고 있습니다.더 보기i(x) Net Zero Plc 기초 지표 요약i(x) Net Zero의 순이익과 매출은 시가총액과 어떻게 비교됩니까?IX. 기초 통계시가총액UK£6.99m순이익 (TTM)UK£48.95m매출 (TTM)UK£66.41m0.1x주가수익비율(P/E)0.1x주가매출비율(P/S)IX.는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표IX. 손익계산서 (TTM)매출US$84.87m매출원가US$0총이익US$84.87m기타 비용US$22.31m순이익US$62.56m최근 보고된 실적Dec 31, 2023다음 실적 발표일해당 없음주당순이익(EPS)0.72총이익률100.00%순이익률73.71%부채/자본 비율3.1%IX.의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/08/01 23:45종가2024/08/01 00:00수익2023/12/31연간 수익2023/12/31데이터 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 소스i(x) Net Zero 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.
공시 • Jul 04i(x) Net Zero Plc, Annual General Meeting, Jul 19, 2024i(x) Net Zero Plc, Annual General Meeting, Jul 19, 2024. Location: the offices of buchanan communications, 107 cheapside, ec2v 6dn, london United Kingdom
공시 • Jun 29i(x) Net Zero Proposes Cancellation of Ordinary Shares Admission to Trade on AIMi(x) Net Zero Plc announced the proposed cancellation of admission of its ordinary shares to trading on AIM (‘Cancellation’). The Directors have undertaken a review to evaluate the benefits and drawbacks to the Company and its Shareholders of retaining the admission to trading of the Ordinary Shares on AIM. The Directors have taken into consideration numerous factors, both positive and negative, and considered the interests of all Shareholders in reaching its decision. Following this review, the Board has concluded that the continued admission to trading of the Ordinary Shares on AIM is not appropriate and, accordingly, the Cancellation is in the best interests of the Company and its Shareholders as a whole including for the following reasons: The Company's share price fell by approximately 70% to 22 pence in the 6 months after IPO and has since remained at or around this level, despite the NAV of the Company's underlying investments having materially increased during this period. There has been limited liquidity in the Ordinary Shares for some time and, as a result, the Directors believe that continued admission to trading on AIM no longer sufficiently provides the Company with the advantage of providing access to capital in the medium to longer-term, nor in the opinion of the Directors, provides liquidity to investors. The Directors believe that the low share price is seen as a barrier to the Company issuing further shares and so the Company's ability to provide additional funds to it portfolio companies or to make new investments. Notwithstanding the public reporting of NAV, whilst the low share price has become disconnected with the underlying NAV of the Company's investments and the Directors believe that this low share price hampers valuation discussions when looking to realise investments the Company has made. The considerable cost, management time and legal and regulatory burden associated with maintaining the Company's admission to trading on AIM are, in the Directors' opinion, disproportionate to the benefits to the Company's continued admission to trading on AIM. More generally, the Directors believe that the UK small and micro-cap public markets have had a significant change in sentiment over the past few years and that the Company's current public market valuation does not reject the underlying potential of the business with the result that growth prospects are more readily accessible and managed in a private market environment. Pursuant to AIM Rule 41, the Cancellation can only be effected by the Company after securing a resolution of Shareholders in a general meeting passed by a requisite majority, being not less than 75% of the votes cast by Shareholders (in person or by proxy). The Directors intend to propose the resolution to approve the Cancellation at or around the time of the forthcoming AGM and a further announcement of the timing of the proposed Cancellation will be made in due course. Further details of the effect of the proposed Cancellation is set out at the end of this Announcement. The Directors are aware that Shareholders may wish to acquire or dispose of Ordinary Shares in the Company following the Cancellation but there will be no formal market for this which would make it more difficult for Shareholders to buy and sell Ordinary Shares should they wish to do so. The Company intends to make arrangements for a Matched Bargain Facility to assist Shareholders to trade in the Ordinary Shares to be put in place from the date of the Cancellation, if the resolutions necessary to approve the proposed Cancellation are passed. The intended Matched Bargain Facility would be provided by J P Jenkins. J P Jenkins is an appointed representative of Prosper Capital LLP, which is authorised and regulated by the FCA.
Price Target Changed • Apr 26Price target increased by 7.7% to UK£1.10Up from UK£1.02, the current price target is provided by 1 analyst. New target price is 547% above last closing price of UK£0.17. Stock is down 5.6% over the past year. The company posted a net loss per share of US$0.23 last year.
New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 High level of non-cash earnings (73% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.8% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (UK£13.6m market cap, or US$16.9m).
New Risk • Mar 22New 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 7.4% 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 Risk High level of non-cash earnings (73% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (UK£12.9m market cap, or US$16.2m).
Price Target Changed • Aug 18Price target increased by 7.7% to UK£1.10Up from UK£1.02, the current price target is provided by 1 analyst. New target price is 340% above last closing price of UK£0.25. Stock is down 2.0% over the past year. The company posted a net loss per share of US$0.23 last year.
공시 • Jul 04i(x) Net Zero Plc, Annual General Meeting, Jul 19, 2024i(x) Net Zero Plc, Annual General Meeting, Jul 19, 2024. Location: the offices of buchanan communications, 107 cheapside, ec2v 6dn, london United Kingdom
공시 • Jun 29i(x) Net Zero Proposes Cancellation of Ordinary Shares Admission to Trade on AIMi(x) Net Zero Plc announced the proposed cancellation of admission of its ordinary shares to trading on AIM (‘Cancellation’). The Directors have undertaken a review to evaluate the benefits and drawbacks to the Company and its Shareholders of retaining the admission to trading of the Ordinary Shares on AIM. The Directors have taken into consideration numerous factors, both positive and negative, and considered the interests of all Shareholders in reaching its decision. Following this review, the Board has concluded that the continued admission to trading of the Ordinary Shares on AIM is not appropriate and, accordingly, the Cancellation is in the best interests of the Company and its Shareholders as a whole including for the following reasons: The Company's share price fell by approximately 70% to 22 pence in the 6 months after IPO and has since remained at or around this level, despite the NAV of the Company's underlying investments having materially increased during this period. There has been limited liquidity in the Ordinary Shares for some time and, as a result, the Directors believe that continued admission to trading on AIM no longer sufficiently provides the Company with the advantage of providing access to capital in the medium to longer-term, nor in the opinion of the Directors, provides liquidity to investors. The Directors believe that the low share price is seen as a barrier to the Company issuing further shares and so the Company's ability to provide additional funds to it portfolio companies or to make new investments. Notwithstanding the public reporting of NAV, whilst the low share price has become disconnected with the underlying NAV of the Company's investments and the Directors believe that this low share price hampers valuation discussions when looking to realise investments the Company has made. The considerable cost, management time and legal and regulatory burden associated with maintaining the Company's admission to trading on AIM are, in the Directors' opinion, disproportionate to the benefits to the Company's continued admission to trading on AIM. More generally, the Directors believe that the UK small and micro-cap public markets have had a significant change in sentiment over the past few years and that the Company's current public market valuation does not reject the underlying potential of the business with the result that growth prospects are more readily accessible and managed in a private market environment. Pursuant to AIM Rule 41, the Cancellation can only be effected by the Company after securing a resolution of Shareholders in a general meeting passed by a requisite majority, being not less than 75% of the votes cast by Shareholders (in person or by proxy). The Directors intend to propose the resolution to approve the Cancellation at or around the time of the forthcoming AGM and a further announcement of the timing of the proposed Cancellation will be made in due course. Further details of the effect of the proposed Cancellation is set out at the end of this Announcement. The Directors are aware that Shareholders may wish to acquire or dispose of Ordinary Shares in the Company following the Cancellation but there will be no formal market for this which would make it more difficult for Shareholders to buy and sell Ordinary Shares should they wish to do so. The Company intends to make arrangements for a Matched Bargain Facility to assist Shareholders to trade in the Ordinary Shares to be put in place from the date of the Cancellation, if the resolutions necessary to approve the proposed Cancellation are passed. The intended Matched Bargain Facility would be provided by J P Jenkins. J P Jenkins is an appointed representative of Prosper Capital LLP, which is authorised and regulated by the FCA.
Price Target Changed • Apr 26Price target increased by 7.7% to UK£1.10Up from UK£1.02, the current price target is provided by 1 analyst. New target price is 547% above last closing price of UK£0.17. Stock is down 5.6% over the past year. The company posted a net loss per share of US$0.23 last year.
New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 High level of non-cash earnings (73% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.8% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (UK£13.6m market cap, or US$16.9m).
New Risk • Mar 22New 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 7.4% 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 Risk High level of non-cash earnings (73% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (UK£12.9m market cap, or US$16.2m).
Price Target Changed • Aug 18Price target increased by 7.7% to UK£1.10Up from UK£1.02, the current price target is provided by 1 analyst. New target price is 340% above last closing price of UK£0.25. Stock is down 2.0% over the past year. The company posted a net loss per share of US$0.23 last year.
공시 • Jun 21i(x) Net Zero Plc, Annual General Meeting, Jul 05, 2023i(x) Net Zero Plc, Annual General Meeting, Jul 05, 2023, at 15:00 Coordinated Universal Time. Location: the offices of Buchanan Communications, 107 Cheapside, London, EC2V 6DN London United Kingdom
New Risk • Jun 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.6% 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: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 9.1% per year over the past 5 years. Revenue is less than US$1m (US$2.6k revenue). Minor Risks Shareholders have been diluted in the past year (8.6% increase in shares outstanding). Market cap is less than US$100m (UK£12.0m market cap, or US$15.4m).
New Risk • Jun 15New major risk - Revenue and earnings growthEarnings have declined by 0.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 0.7% per year over the past 5 years. Revenue is less than US$1m (US$2.6k revenue). Minor Risk Market cap is less than US$100m (UK£9.88m market cap, or US$12.5m).
Recent Insider Transactions • Apr 30CFO & Executive Director recently bought UK£72k worth of stockOn the 26th of April, Jonathan Stearns bought around 850k shares on-market at roughly UK£0.085 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Jonathan's only on-market trade for the last 12 months.
공시 • Jan 24i(x) Net Zero Plc Announces Executive Changesi(x) Net Zero Plc announced the appointment of Pär Lindström, the Company's Chief Investment Officer, as its Chief Executive Officer, replacing Steve Oyer, who has stepped down from the Board, with immediate effect. Pär will continue in his role as Chief Investment Officer of the Company. Pär Lindström, who co-founded the Company in 2015, has over 25 years' investment experience, M&A experience and business development expertise through a career focused on venture capital, growth capital and private equity investments in the U.S., Europe and the emerging markets.
Reported Earnings • Sep 30First half 2022 earnings released: US$0.16 loss per share (vs US$0 in 1H 2021)First half 2022 results: US$0.16 loss per share (further deteriorated from US$0 in 1H 2021). Net loss: US$13.0m (down 135% from profit in 1H 2021).
공시 • Jun 10i(x) Net Zero Plc, Annual General Meeting, Jun 29, 2022i(x) Net Zero Plc, Annual General Meeting, Jun 29, 2022, at 15:30 Coordinated Universal Time. Location: Hannam and Partners, 7-10 Chandos Street, W1G 9DQ London United Kingdom
Reported Earnings • Jun 09Full year 2021 earnings releasedFull year 2021 results: Net income: US$36.0m (up US$31.3m from FY 2020).
Board Change • May 28Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
공시 • May 08I(X) Net Zero plc Announces Chief Financial Officer Change, Effective 1 July 2022i(x) Net Zero PLC, announced the appointment of Dmitri Tsvetkov as its Chief Financial Officer and an Executive Director with effect from 1 July 2022. Dmitri will replace Marc Chennault, i(x)'s Chief Financial Officer, who has split his time as CFO of both i(x) and WasteFuel Global, LLC ("WasteFuel"), a sustainable transportation fuels company and one of i(x)'s investee companies, since August 2020. Marc has been appointed as the full time Chief Financial Officer of WasteFuel with effect from 1 July 2022. Mr. Tsvetkov has more than 27 years of financial, accounting and operational experience, including significant experience of working with energy sector listed companies in London, Africa, Asia and Canada. Dmitri joins i(x) Net Zero from AIM-listed OPG Power Ventures plc ("OPG"), a power generation company operating in India, where he was Chief Financial Officer and a Board Director of the Company. Dmitri was a member of OPG's ESG committee and was part of the leadership team developing its energy transition strategy and its first standalone ESG report.
공시 • May 03i(x) Net Zero Plc Appoints Dmitri Tsvetkov as Group Finance Director, with Effect from 1 June 2022i(x) Net Zero Plc announced the appointment of Dmitri Tsvetkov as Group Finance Director with effect from 1 June 2022. Dmitri has more than 27 years of financial, accounting and operational experience, including significant experience of working with energy sector listed companies in London, Africa, Asia and Canada. Dmitri joins the Company from OPG Power Ventures plc.
