New Risk • Jun 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£5.0m free cash flow). Share price has been highly volatile over the past 3 months (62% average weekly change). Market cap is less than US$10m (UK£196.9k market cap, or US$247.6k). Minor Risk Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). 공시 • May 05
Itsarm Proposes Cancellation of Its Admission to Trading on AIM Expected from 26 May 2023 Itsarm plc announced an update in relation to the timetable for the proposed cancellation of its admission to trading on AIM (Cancellation) and the general meeting of the Company scheduled for 12 May 2023 (General Meeting). In the Company's corporate update announcement of 26 April 2023, it was announced that assuming the passing of the resolution to approve the Cancellation (Cancellation Resolution) at the General Meeting, it was expected that Cancellation would take place on or around 26 May 2023. The Cancellation becomes effective on 30 May 2023. Recent Insider Transactions • Feb 22
Insider recently bought UK£62k worth of stock On the 16th of February, Andrew Batchelor bought around 1m shares on-market at roughly UK£0.062 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth UK£262k. Insiders have collectively bought UK£494k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 31
Insider recently bought UK£262k worth of stock On the 26th of January, Naimur rahman bought around 4m shares on-market at roughly UK£0.075 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. 공시 • Jan 21
In The Style Group Plc Provides Earnings Guidance for the Fiscal Year 2023 In The Style Group Plc provided earnings guidance for the fiscal year 2023. The company now expect revenue for the full year to be in the region of £46 million reflecting market-wide cost-of-living pressures on consumer demand, higher levels of markdowns and a reduction in wholesale demand. Reported Earnings • Dec 08
First half 2023 earnings released: UK£0.06 loss per share (vs UK£0 in 1H 2022) First half 2023 results: UK£0.06 loss per share (further deteriorated from UK£0 in 1H 2022). Revenue: UK£26.6m (down 11% from 1H 2022). Net loss: UK£3.15m (down 454% from profit in 1H 2022). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Online Retail industry in the United Kingdom. Price Target Changed • Nov 16
Price target decreased to UK£0.80 Down from UK£1.80, the current price target is an average from 2 analysts. New target price is 482% above last closing price of UK£0.14. Stock is down 88% over the past year. The company posted a net loss per share of UK£0.025 last year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. CFO & Director Rich Monaghan was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 19
First half 2022 earnings released First half 2022 results: EPS: UK£0.006. Revenue: UK£29.8m (flat on 1H 2021). Net income: UK£890.0k (up UK£890.0k from 1H 2021). Profit margin: 3.0% (up from null in 1H 2021). Over the next year, revenue is forecast to grow 17%, compared to a 19% growth forecast for the industry in the United Kingdom. Buying Opportunity • Jul 19
Now 39% undervalued after recent price drop Over the last 90 days, the stock is down 46%. The fair value is estimated to be UK£0.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 66% over the last year. Earnings per share has grown by 52%. Price Target Changed • Apr 27
Price target decreased to UK£1.80 Down from UK£2.20, the current price target is an average from 2 analysts. New target price is 101% above last closing price of UK£0.90. Stock is down 64% over the past year. The company posted earnings per share of UK£0.0044 last year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Non-Executive Director Matt Scaife was the last 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. Reported Earnings • Dec 17
First half 2022 earnings released First half 2022 results: Revenue: (flat on 1H 2021). Net income: (flat on 1H 2021). Profit margin: (in line with 1H 2021). Over the next year, revenue is forecast to grow 22%, compared to a 29% growth forecast for the industry in the United Kingdom. Reported Earnings • Sep 03
Full year 2021 earnings released: EPS UK£0.004 (vs UK£0.014 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£44.7m (up 132% from FY 2020). Net income: UK£625.0k (up UK£2.78m from FY 2020). Profit margin: 1.4% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. 공시 • Mar 16
In The Style Fashion Limited has completed an IPO in the amount of £60 million. In The Style Fashion Limited has completed an IPO in the amount of £60 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: £2
Transaction Features: Direct Listing; Regulation S; Sponsor Backed Offering