View Future Growtht42 IoT Tracking Solutions 과거 순이익 실적과거 기준 점검 0/6t42 IoT Tracking Solutions은 연평균 20.1%의 비율로 수입이 증가해 온 반면, Software 산업은 연평균 5.1%의 비율로 증가했습니다. 매출은 연평균 0.9%의 비율로 증가했습니다.핵심 정보20.10%순이익 성장률26.35%주당순이익(EPS) 성장률Software 산업 성장률19.85%매출 성장률0.87%자기자본이익률n/a순이익률-9.44%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Apr 14Full year 2025 earnings released: US$0.009 loss per share (vs US$0.032 loss in FY 2024)Full year 2025 results: US$0.009 loss per share (improved from US$0.032 loss in FY 2024). Revenue: US$6.10m (up 47% from FY 2024). Net loss: US$576.0k (loss narrowed 67% from FY 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 03First half 2025 earnings released: US$0.014 loss per share (vs US$0.025 loss in 1H 2024)First half 2025 results: US$0.014 loss per share (improved from US$0.025 loss in 1H 2024). Revenue: US$2.29m (up 13% from 1H 2024). Net loss: US$891.0k (loss narrowed 35% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.Reported Earnings • Jun 29Full year 2024 earnings released: US$0.032 loss per share (vs US$0.008 loss in FY 2023)Full year 2024 results: US$0.032 loss per share (further deteriorated from US$0.008 loss in FY 2023). Revenue: US$4.16m (up 3.8% from FY 2023). Net loss: US$1.75m (loss widened 316% from FY 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 06First half 2024 earnings released: US$0.025 loss per share (vs US$0.014 loss in 1H 2023)First half 2024 results: US$0.025 loss per share (further deteriorated from US$0.014 loss in 1H 2023). Revenue: US$2.04m (up 19% from 1H 2023). Net loss: US$1.38m (loss widened 83% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.Reported Earnings • Jun 27Full year 2023 earnings released: US$0.008 loss per share (vs US$0.019 loss in FY 2022)Full year 2023 results: US$0.008 loss per share (improved from US$0.019 loss in FY 2022). Revenue: US$4.01m (flat on FY 2022). Net loss: US$420.0k (loss narrowed 58% from FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 02First half 2023 earnings released: US$0.014 loss per share (vs US$0.004 loss in 1H 2022)First half 2023 results: US$0.014 loss per share (further deteriorated from US$0.004 loss in 1H 2022). Revenue: US$1.71m (down 22% from 1H 2022). Net loss: US$754.0k (loss widened 240% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updatesReported Earnings • Apr 14Full year 2025 earnings released: US$0.009 loss per share (vs US$0.032 loss in FY 2024)Full year 2025 results: US$0.009 loss per share (improved from US$0.032 loss in FY 2024). Revenue: US$6.10m (up 47% from FY 2024). Net loss: US$576.0k (loss narrowed 67% from FY 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공시 • Apr 13T42 IoT Tracking Solutions plc Announces Board and Board Committee Changes, Effective June 30, 2026T42 IoT Tracking Solutions PLC announced that Martin Blair has served the board of directors as a non-executive director for a number of years and has agreed to step down as a director with effect from June 30, 2026. Martin will also relinquish his role as chairman of the audit committee and will be succeeded by Igor at the end of June 2026. The Audit Committee consists of the non-executive directors, Martin Blair and Michael Rosenberg, and is chaired by Martin Blair. Members of the Remuneration Committee comprise Michael Rosenberg, who acts as chairman of the committee, with Martin Blair as a member.New Risk • Mar 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-US$3.3m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (UK£1.90m market cap, or US$2.54m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (US$4.4m revenue).Buy Or Sell Opportunity • Mar 09Now 34% overvalued after recent price riseOver the last 90 days, the stock has risen 49% to UK£0.028. The fair value is estimated to be UK£0.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 18%.New Risk • Mar 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$3.3m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (UK£1.32m market cap, or US$1.76m). Minor Risk Revenue is less than US$5m (US$4.4m revenue).Buy Or Sell Opportunity • Jan 27Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to UK£0.025. The fair value is estimated to be UK£0.019, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 18%.New Risk • Jan 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% 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 Risks Negative equity (-US$3.3m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (UK£1.57m market cap, or US$2.11m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Revenue is less than US$5m (US$4.4m revenue).분석 기사 • Dec 19A Look At The Intrinsic Value Of t42 IoT Tracking Solutions PLC (LON:TRAC)Key Insights The projected fair value for t42 IoT Tracking Solutions is UK£0.022 based on 2 Stage Free Cash Flow to...공시 • Dec 18t42 IoT Tracking Solutions PLC, Annual General Meeting, Dec 31, 2025t42 IoT Tracking Solutions PLC, Annual General Meeting, Dec 31, 2025. Location: 96 ramatayim rd, hod hasharon, 4532532, IsraelReported Earnings • Sep 03First half 2025 earnings released: US$0.014 loss per share (vs US$0.025 loss in 1H 2024)First half 2025 results: US$0.014 loss per share (improved from US$0.025 loss in 1H 2024). Revenue: US$2.29m (up 13% from 1H 2024). Net loss: US$891.0k (loss narrowed 35% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.New Risk • Sep 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% 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 (12% average weekly change). Negative equity (-US$3.3m). Market cap is less than US$10m (UK£1.41m market cap, or US$1.89m). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Revenue is less than US$5m (US$4.4m revenue).New Risk • Aug 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-US$2.7m). Market cap is less than US$10m (UK£1.38m market cap, or US$1.87m). Minor Risk Revenue is less than US$5m (US$4.2m revenue).New Risk • Jul 14New 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$2.7m). Market cap is less than US$10m (UK£1.35m market cap, or US$1.82m). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Revenue is less than US$5m (US$4.2m revenue).Reported Earnings • Jun 29Full year 2024 earnings released: US$0.032 loss per share (vs US$0.008 loss in FY 2023)Full year 2024 results: US$0.032 loss per share (further deteriorated from US$0.008 loss in FY 2023). Revenue: US$4.16m (up 3.8% from FY 2023). Net loss: US$1.75m (loss widened 316% from FY 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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: Major Risks Negative equity (-US$2.3m). Market cap is less than US$10m (UK£1.02m market cap, or US$1.36m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.7% average weekly change). Revenue is less than US$5m (US$4.3m revenue).공시 • Apr 07+ 1 more updatet42 IoT Tracking Solutions PLC Announces Step Down of Igor Vatenmacher as CFO, Effective 7 April 2025t42 IoT Tracking Solutions PLC announced chief financial officer (CFO), Igor Vatenmacher, has informed the company of his intention to step down from his position as CFO with effect 7 April 2025 from to pursue an opportunity with a new company.공시 • Feb 13t42 IoT Tracking Solutions PLC has completed a Follow-on Equity Offering in the amount of £0.2625 million.t42 IoT Tracking Solutions PLC has completed a Follow-on Equity Offering in the amount of £0.2625 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,500,000 Price\Range: £0.025 Transaction Features: Subsequent Direct ListingNew Risk • Jan 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. 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 (-US$156k free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-US$2.3m). Market cap is less than US$10m (UK£2.21m market cap, or US$2.69m). Minor Risk Revenue is less than US$5m (US$4.3m revenue).분석 기사 • Dec 09This Is Why t42 IoT Tracking Solutions PLC's (LON:TRAC) CEO Compensation Looks AppropriateKey Insights t42 IoT Tracking Solutions' Annual General Meeting to take place on 16th of December Salary of US$165.0k...Reported Earnings • Oct 06First half 2024 earnings released: US$0.025 loss per share (vs US$0.014 loss in 1H 2023)First half 2024 results: US$0.025 loss per share (further deteriorated from US$0.014 loss in 1H 2023). Revenue: US$2.04m (up 19% from 1H 2023). Net loss: US$1.38m (loss widened 83% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.New Risk • Sep 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$349k free cash flow). Negative equity (-US$939k). Earnings have declined by 5.7% per year over the past 5 years. Market cap is less than US$10m (UK£2.48m market cap, or US$3.26m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (8.5% average weekly change). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Revenue is less than US$5m (US$4.0m revenue).New Risk • Jun 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% 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 Less than 1 year of cash runway based on free cash flow trend (-US$349k free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Negative equity (-US$939k). Earnings have declined by 5.7% per year over the past 5 years. Market cap is less than US$10m (UK£3.31m market cap, or US$4.19m). Minor Risks Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Revenue is less than US$5m (US$4.0m revenue).Reported Earnings • Jun 27Full year 2023 earnings released: US$0.008 loss per share (vs US$0.019 loss in FY 2022)Full year 2023 results: US$0.008 loss per share (improved from US$0.019 loss in FY 2022). Revenue: US$4.01m (flat on FY 2022). Net loss: US$420.0k (loss narrowed 58% from FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.New Risk • Apr 14New 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 Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.65m market cap, or US$2.06m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Revenue is less than US$5m (US$3.6m revenue).공시 • Mar 09t42 IoT Tracking Solutions plc Provides Revenue Guidance for the Year of 2023t42 IoT Tracking Solutions PLC provided revenue guidance for the year of 2023. For the year, company expects total revenues of approximately USD 4.0 million (2022: $4.0 million), including approximately $2.0 million of SaaS income representing approximately 50% of the total revenues for the period (2023: 50%).New Risk • Jan 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.65m market cap, or US$2.10m). Minor Risk Revenue is less than US$5m (US$3.6m revenue).New Risk • Dec 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.81m market cap, or US$2.30m). Minor Risks Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Revenue is less than US$5m (US$3.6m revenue).분석 기사 • Nov 08Why We Think t42 IoT Tracking Solutions PLC's (LON:TRAC) CEO Compensation Is Not Excessive At AllKey Insights t42 IoT Tracking Solutions' Annual General Meeting to take place on 14th of November CEO Avi Hartmann's...공시 • Oct 29t42 IoT Tracking Solutions PLC, Annual General Meeting, Nov 14, 2023t42 IoT Tracking Solutions PLC, Annual General Meeting, Nov 14, 2023, at 11:00 GMT Standard Time. Location: 96 Dereh Ramatayim Street,4532532 Hod-Hasharon IsraelNew Risk • Oct 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.6% 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 Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.68m market cap, or US$2.05m). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Revenue is less than US$5m (US$3.6m revenue).Reported Earnings • Oct 02First half 2023 earnings released: US$0.014 loss per share (vs US$0.004 loss in 1H 2022)First half 2023 results: US$0.014 loss per share (further deteriorated from US$0.004 loss in 1H 2022). Revenue: US$1.71m (down 22% from 1H 2022). Net loss: US$754.0k (loss widened 240% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.공시 • Sep 14t42 IoT Tracking Solutions PLC to Report First Half, 2023 Results on Sep 22, 2023t42 IoT Tracking Solutions PLC announced that they will report first half, 2023 results on Sep 22, 2023공시 • Jul 28t42 IoT Tracking Solutions PLC announced that it has received $1.3 million in funding from eWave Ltd.t42 IoT Tracking Solutions PLC announced a private placement of $1.3 million secured convertible loans on July 26, 2023. The transaction included participation from new investor, eWave Ltd. The loans will be converted into new ordinary shares of the company. The loan carries interest at 10% per annum, payable quarterly on the principal drawn, will be drawn down as to $600,000 immediately, $300,000 in three equal tranches during August 2023, and the balance of $300,000 by 30 September 2023. The loan, together with accrued interest at the time of conversion, may be converted into such number of new t42 ordinary shares as corresponds to 29.5% of the company's issued ordinary share capital immediately following such conversion. The loan may be converted in part, on a pro rata basis to the above terms.New Risk • Jun 30New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$538k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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 (-US$1.4m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-US$538k). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (UK£3.14m market cap, or US$3.99m). Minor Risks Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Revenue is less than US$5m (US$4.0m revenue).Reported Earnings • Jun 30Full year 2022 earnings released: US$0.019 loss per share (vs US$0.064 loss in FY 2021)Full year 2022 results: US$0.019 loss per share (improved from US$0.064 loss in FY 2021). Revenue: US$4.04m (down 4.1% from FY 2021). Net loss: US$1.01m (loss narrowed 66% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 12% per year.공시 • Feb 16T42 Iot Tracking Solutions plc Provides Revenue Guidance for the Fiscal Year 2022t42 IoT Tracking Solutions PLC provides revenue guidance for the fiscal year 2022. The Company expects to report total revenues for FY2022 of approximately USD 4.0 million, including approximately $2.0 million of SaaS income representing approximately 50% of the total revenues for the period (2021:51%).Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Martin Blair was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.분석 기사 • Oct 04Is t42 IoT Tracking Solutions (LON:TRAC) Using Debt Sensibly?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • Sep 22t42 IoT Tracking Solutions PLC, Annual General Meeting, Oct 06, 2022t42 IoT Tracking Solutions PLC, Annual General Meeting, Oct 06, 2022, at 10:00 Coordinated Universal Time. Location: 96 Dereh Ramataim Hod Ha’sharon IsraelReported Earnings • Sep 15First half 2022 earnings released: US$0.004 loss per share (vs US$0.012 loss in 1H 2021)First half 2022 results: US$0.004 loss per share (improved from US$0.012 loss in 1H 2021). Revenue: US$2.18m (down 4.1% from 1H 2021). Net loss: US$222.0k (loss narrowed 58% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Aug 10t42 IoT Tracking Solutions PLC Launches New and Improved Lokies 2.0t42 IoT Tracking Solutions PLC announced the launch of the Lokies 2.0, a significantly enhanced version of its best-selling smart tracking product. Lokies is a unique, keyless smart padlock with innovative IoT capabilities. It is designed for markets where there is a need to protect inventory, commercial goods, supplies, cargo or venues. Lokies can be unlocked remotely by authorized users without needing a key. Its built-in, advanced Bluetooth Low Energy (BLE) connectivity enables the identification and management of multiple users using different access authorisations. The Access Control feature keeps a complete log of when it is opened, for how long and by whom. Several significant improvements have been made to the new Lokies product: a new cellular module for improved remote wireless coverage, a new universal charging port, an enhanced central processing unit (CPU) for better performance, and new BLE 5.2 for improved energy consumption. These improvements meet the market's needs and are based on its customers' feedback on their requirements. With the new cellular module, Lokies 2.0 will support LTE and 3G networks, ensuring global coverage and allowing the Company to operate the same unit anywhere in the world for years to come. Its new USB-C charging port makes the Lokies 2.0 more functional and user-friendly, specifically with the upgraded BLE 5.2 wireless connectivity allowing customers to spend even less time and effort on charging the units. Lastly, the upgraded CPU will allow the units to store more events, provide better security encryption, and improve overall performance. Having recently signed several new contracts and distribution agreements, including supplying Lokies to ports in Latin America, DHL, the global leader in logistics, and Olimp Bulgaria Ltd, a world leader and exporter of security seals, t42 is pleased to be releasing the improved Lokies 2.0 product to market in September this year.분석 기사 • Jun 21Does t42 IoT Tracking Solutions (LON:TRAC) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Martin Blair was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.분석 기사 • Mar 06We Think t42 IoT Tracking Solutions (LON:TRAC) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: US$0.064 loss per share (down from US$0.047 loss in FY 2020). Revenue: US$4.21m (down 16% from FY 2020). Net loss: US$2.96m (loss widened 45% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.공시 • Dec 24t42 IoT Tracking Solutions PLC announced that it expects to receive £0.925 million in fundingt42 IoT Tracking Solutions PLC announced that it has entered into an agreement for a private placement of unsecured convertible loan notes for gross proceeds of £925,000 on December 23, 2021. The company also issued warrants totalling £462,500 on the basis of 1 warrant for every £2 of notes. The convertible loan notes have an expiration date of 31 December 2023 and attract interest at a rate of 8% per annum, which is payable quarterly in arrears commencing on 31 March 2022. The notes shall be convertible into new ordinary shares of the company at 15 pence per share. The notes shall be convertible, in part or in full, at the option of the Lenders from the date of issuance until the final repayment date, being 31 December 2023. The warrants will be convertible into 3,083,334 new ordinary shares.분석 기사 • Oct 23We Think Starcom (LON:STAR) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Jul 09Here's Why Starcom plc's (LON:STAR) CEO Compensation Is The Least Of Shareholders ConcernsThe performance at Starcom plc ( LON:STAR ) has been rather lacklustre of late and shareholders may be wondering what...분석 기사 • Mar 31Here's Why Starcom (LON:STAR) Can Afford Some DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Mar 26Full year 2020 earnings released: US$0.006 loss per share (vs US$0.003 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$5.04m (down 26% from FY 2019). Net loss: US$2.05m (loss widened 101% from FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.분석 기사 • Nov 20What Can We Make Of Starcom's (LON:STAR) CEO Compensation?Avi Hartmann has been the CEO of Starcom plc (LON:STAR) since 2000, and this article will examine the executive's...공시 • Sep 25Starcom plc announced that it expects to receive £0.2436 million in funding from Montrose Securities Ltd and other investorsStarcom plc (AIM:STAR) announced that it has entered into an agreement with certain directors and an employee of the company to issue convertible loans for the gross proceeds for £243,600 on March 24, 2020. Loans are convertible into ordinary shares. Loan shall bear an interest rate of 8% per annum payable quarterly in arrears and the loan principal is repayable on 30 September 2021. Loans are convertible at a conversion price of £1.25 per share at any time up until the loan repayment date. In addition, the loans can be repaid early at the election of the company, although not before 30 September 2020, with an early redemption fee of 8% of the principal loan amount. The company shall issue 4,000,000 warrants in the transaction. The warrants are exercisable at a price of £1.5 per ordinary Share, being a premium of 50% to the closing mid-market share price on 24 March 2020. The warrants are exercisable from the date of grant and expire on the second anniversary of the grant. The company will issue loan and warrants to Montrose Securities Limited, a company controlled by Michael Rosenberg (Non-Executive Chairman) £100,000 and 1,600,000 warrants, Avi Engel (Non-Executive Director) £100,000 and 1,600,000 warrants, Igor Vatenmacher (Chief Financial Officer) £21,800 and 400,000 warrants, Starcom Employee £21,800 and 400,000 warrants. Under the loan agreements, Avi Hartman, is providing a personal guarantee to the Lenders against 50% of the principal loan value.매출 및 비용 세부 내역t42 IoT Tracking Solutions가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이AIM:TRAC 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Dec 256-12030 Sep 255-12030 Jun 254-12031 Mar 254-22031 Dec 244-22030 Sep 244-12030 Jun 244-12031 Mar 244-12031 Dec 23402030 Sep 234-12030 Jun 234-23031 Mar 234-13031 Dec 224-13030 Sep 224-23030 Jun 224-33031 Mar 224-33031 Dec 214-33030 Sep 215-23030 Jun 215-23031 Mar 215-23031 Dec 205-23030 Sep 206-23030 Jun 206-13031 Mar 206-13031 Dec 197-13030 Sep 196-13030 Jun 196-13031 Mar 196-13031 Dec 186-13030 Sep 186-13030 Jun 187-13031 Mar 186-13031 Dec 175-13030 Sep 175-23030 Jun 175-23031 Mar 175-23031 Dec 165-23030 Sep 165-23030 Jun 165-23031 Mar 165-23031 Dec 155-24030 Sep 155-24030 Jun 155-340양질의 수익: TRAC 은(는) 현재 수익성이 없습니다.이익 마진 증가: TRAC는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: TRAC는 수익성이 없지만 지난 5년 동안 연평균 20.1%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 TRAC의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: TRAC은 수익성이 없어 지난 해 수익 성장률을 Software 업계(8.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: TRAC의 부채가 자산을 초과하여 자본 수익률을 계산하기 어렵습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 18:11종가2026/05/21 00:00수익2025/12/31연간 수익2025/12/31데이터 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 소스t42 IoT Tracking Solutions PLC는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관David Paul St. JohnsonAllenby Capital Limited
Reported Earnings • Apr 14Full year 2025 earnings released: US$0.009 loss per share (vs US$0.032 loss in FY 2024)Full year 2025 results: US$0.009 loss per share (improved from US$0.032 loss in FY 2024). Revenue: US$6.10m (up 47% from FY 2024). Net loss: US$576.0k (loss narrowed 67% from FY 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 03First half 2025 earnings released: US$0.014 loss per share (vs US$0.025 loss in 1H 2024)First half 2025 results: US$0.014 loss per share (improved from US$0.025 loss in 1H 2024). Revenue: US$2.29m (up 13% from 1H 2024). Net loss: US$891.0k (loss narrowed 35% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
Reported Earnings • Jun 29Full year 2024 earnings released: US$0.032 loss per share (vs US$0.008 loss in FY 2023)Full year 2024 results: US$0.032 loss per share (further deteriorated from US$0.008 loss in FY 2023). Revenue: US$4.16m (up 3.8% from FY 2023). Net loss: US$1.75m (loss widened 316% from FY 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 06First half 2024 earnings released: US$0.025 loss per share (vs US$0.014 loss in 1H 2023)First half 2024 results: US$0.025 loss per share (further deteriorated from US$0.014 loss in 1H 2023). Revenue: US$2.04m (up 19% from 1H 2023). Net loss: US$1.38m (loss widened 83% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
Reported Earnings • Jun 27Full year 2023 earnings released: US$0.008 loss per share (vs US$0.019 loss in FY 2022)Full year 2023 results: US$0.008 loss per share (improved from US$0.019 loss in FY 2022). Revenue: US$4.01m (flat on FY 2022). Net loss: US$420.0k (loss narrowed 58% from FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 02First half 2023 earnings released: US$0.014 loss per share (vs US$0.004 loss in 1H 2022)First half 2023 results: US$0.014 loss per share (further deteriorated from US$0.004 loss in 1H 2022). Revenue: US$1.71m (down 22% from 1H 2022). Net loss: US$754.0k (loss widened 240% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 14Full year 2025 earnings released: US$0.009 loss per share (vs US$0.032 loss in FY 2024)Full year 2025 results: US$0.009 loss per share (improved from US$0.032 loss in FY 2024). Revenue: US$6.10m (up 47% from FY 2024). Net loss: US$576.0k (loss narrowed 67% from FY 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공시 • Apr 13T42 IoT Tracking Solutions plc Announces Board and Board Committee Changes, Effective June 30, 2026T42 IoT Tracking Solutions PLC announced that Martin Blair has served the board of directors as a non-executive director for a number of years and has agreed to step down as a director with effect from June 30, 2026. Martin will also relinquish his role as chairman of the audit committee and will be succeeded by Igor at the end of June 2026. The Audit Committee consists of the non-executive directors, Martin Blair and Michael Rosenberg, and is chaired by Martin Blair. Members of the Remuneration Committee comprise Michael Rosenberg, who acts as chairman of the committee, with Martin Blair as a member.
New Risk • Mar 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-US$3.3m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (UK£1.90m market cap, or US$2.54m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (US$4.4m revenue).
Buy Or Sell Opportunity • Mar 09Now 34% overvalued after recent price riseOver the last 90 days, the stock has risen 49% to UK£0.028. The fair value is estimated to be UK£0.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 18%.
New Risk • Mar 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$3.3m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (UK£1.32m market cap, or US$1.76m). Minor Risk Revenue is less than US$5m (US$4.4m revenue).
Buy Or Sell Opportunity • Jan 27Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to UK£0.025. The fair value is estimated to be UK£0.019, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 18%.
New Risk • Jan 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% 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 Risks Negative equity (-US$3.3m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (UK£1.57m market cap, or US$2.11m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Revenue is less than US$5m (US$4.4m revenue).
분석 기사 • Dec 19A Look At The Intrinsic Value Of t42 IoT Tracking Solutions PLC (LON:TRAC)Key Insights The projected fair value for t42 IoT Tracking Solutions is UK£0.022 based on 2 Stage Free Cash Flow to...
공시 • Dec 18t42 IoT Tracking Solutions PLC, Annual General Meeting, Dec 31, 2025t42 IoT Tracking Solutions PLC, Annual General Meeting, Dec 31, 2025. Location: 96 ramatayim rd, hod hasharon, 4532532, Israel
Reported Earnings • Sep 03First half 2025 earnings released: US$0.014 loss per share (vs US$0.025 loss in 1H 2024)First half 2025 results: US$0.014 loss per share (improved from US$0.025 loss in 1H 2024). Revenue: US$2.29m (up 13% from 1H 2024). Net loss: US$891.0k (loss narrowed 35% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
New Risk • Sep 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% 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 (12% average weekly change). Negative equity (-US$3.3m). Market cap is less than US$10m (UK£1.41m market cap, or US$1.89m). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Revenue is less than US$5m (US$4.4m revenue).
New Risk • Aug 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-US$2.7m). Market cap is less than US$10m (UK£1.38m market cap, or US$1.87m). Minor Risk Revenue is less than US$5m (US$4.2m revenue).
New Risk • Jul 14New 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$2.7m). Market cap is less than US$10m (UK£1.35m market cap, or US$1.82m). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Revenue is less than US$5m (US$4.2m revenue).
Reported Earnings • Jun 29Full year 2024 earnings released: US$0.032 loss per share (vs US$0.008 loss in FY 2023)Full year 2024 results: US$0.032 loss per share (further deteriorated from US$0.008 loss in FY 2023). Revenue: US$4.16m (up 3.8% from FY 2023). Net loss: US$1.75m (loss widened 316% from FY 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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: Major Risks Negative equity (-US$2.3m). Market cap is less than US$10m (UK£1.02m market cap, or US$1.36m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.7% average weekly change). Revenue is less than US$5m (US$4.3m revenue).
공시 • Apr 07+ 1 more updatet42 IoT Tracking Solutions PLC Announces Step Down of Igor Vatenmacher as CFO, Effective 7 April 2025t42 IoT Tracking Solutions PLC announced chief financial officer (CFO), Igor Vatenmacher, has informed the company of his intention to step down from his position as CFO with effect 7 April 2025 from to pursue an opportunity with a new company.
공시 • Feb 13t42 IoT Tracking Solutions PLC has completed a Follow-on Equity Offering in the amount of £0.2625 million.t42 IoT Tracking Solutions PLC has completed a Follow-on Equity Offering in the amount of £0.2625 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,500,000 Price\Range: £0.025 Transaction Features: Subsequent Direct Listing
New Risk • Jan 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. 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 (-US$156k free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-US$2.3m). Market cap is less than US$10m (UK£2.21m market cap, or US$2.69m). Minor Risk Revenue is less than US$5m (US$4.3m revenue).
분석 기사 • Dec 09This Is Why t42 IoT Tracking Solutions PLC's (LON:TRAC) CEO Compensation Looks AppropriateKey Insights t42 IoT Tracking Solutions' Annual General Meeting to take place on 16th of December Salary of US$165.0k...
Reported Earnings • Oct 06First half 2024 earnings released: US$0.025 loss per share (vs US$0.014 loss in 1H 2023)First half 2024 results: US$0.025 loss per share (further deteriorated from US$0.014 loss in 1H 2023). Revenue: US$2.04m (up 19% from 1H 2023). Net loss: US$1.38m (loss widened 83% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
New Risk • Sep 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$349k free cash flow). Negative equity (-US$939k). Earnings have declined by 5.7% per year over the past 5 years. Market cap is less than US$10m (UK£2.48m market cap, or US$3.26m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (8.5% average weekly change). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Revenue is less than US$5m (US$4.0m revenue).
New Risk • Jun 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% 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 Less than 1 year of cash runway based on free cash flow trend (-US$349k free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Negative equity (-US$939k). Earnings have declined by 5.7% per year over the past 5 years. Market cap is less than US$10m (UK£3.31m market cap, or US$4.19m). Minor Risks Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Revenue is less than US$5m (US$4.0m revenue).
Reported Earnings • Jun 27Full year 2023 earnings released: US$0.008 loss per share (vs US$0.019 loss in FY 2022)Full year 2023 results: US$0.008 loss per share (improved from US$0.019 loss in FY 2022). Revenue: US$4.01m (flat on FY 2022). Net loss: US$420.0k (loss narrowed 58% from FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
New Risk • Apr 14New 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 Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.65m market cap, or US$2.06m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Revenue is less than US$5m (US$3.6m revenue).
공시 • Mar 09t42 IoT Tracking Solutions plc Provides Revenue Guidance for the Year of 2023t42 IoT Tracking Solutions PLC provided revenue guidance for the year of 2023. For the year, company expects total revenues of approximately USD 4.0 million (2022: $4.0 million), including approximately $2.0 million of SaaS income representing approximately 50% of the total revenues for the period (2023: 50%).
New Risk • Jan 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.65m market cap, or US$2.10m). Minor Risk Revenue is less than US$5m (US$3.6m revenue).
New Risk • Dec 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.81m market cap, or US$2.30m). Minor Risks Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Revenue is less than US$5m (US$3.6m revenue).
분석 기사 • Nov 08Why We Think t42 IoT Tracking Solutions PLC's (LON:TRAC) CEO Compensation Is Not Excessive At AllKey Insights t42 IoT Tracking Solutions' Annual General Meeting to take place on 14th of November CEO Avi Hartmann's...
공시 • Oct 29t42 IoT Tracking Solutions PLC, Annual General Meeting, Nov 14, 2023t42 IoT Tracking Solutions PLC, Annual General Meeting, Nov 14, 2023, at 11:00 GMT Standard Time. Location: 96 Dereh Ramatayim Street,4532532 Hod-Hasharon Israel
New Risk • Oct 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.6% 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 Negative equity (-US$1.3m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (UK£1.68m market cap, or US$2.05m). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Revenue is less than US$5m (US$3.6m revenue).
Reported Earnings • Oct 02First half 2023 earnings released: US$0.014 loss per share (vs US$0.004 loss in 1H 2022)First half 2023 results: US$0.014 loss per share (further deteriorated from US$0.004 loss in 1H 2022). Revenue: US$1.71m (down 22% from 1H 2022). Net loss: US$754.0k (loss widened 240% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
공시 • Sep 14t42 IoT Tracking Solutions PLC to Report First Half, 2023 Results on Sep 22, 2023t42 IoT Tracking Solutions PLC announced that they will report first half, 2023 results on Sep 22, 2023
공시 • Jul 28t42 IoT Tracking Solutions PLC announced that it has received $1.3 million in funding from eWave Ltd.t42 IoT Tracking Solutions PLC announced a private placement of $1.3 million secured convertible loans on July 26, 2023. The transaction included participation from new investor, eWave Ltd. The loans will be converted into new ordinary shares of the company. The loan carries interest at 10% per annum, payable quarterly on the principal drawn, will be drawn down as to $600,000 immediately, $300,000 in three equal tranches during August 2023, and the balance of $300,000 by 30 September 2023. The loan, together with accrued interest at the time of conversion, may be converted into such number of new t42 ordinary shares as corresponds to 29.5% of the company's issued ordinary share capital immediately following such conversion. The loan may be converted in part, on a pro rata basis to the above terms.
New Risk • Jun 30New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$538k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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 (-US$1.4m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-US$538k). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (UK£3.14m market cap, or US$3.99m). Minor Risks Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Revenue is less than US$5m (US$4.0m revenue).
Reported Earnings • Jun 30Full year 2022 earnings released: US$0.019 loss per share (vs US$0.064 loss in FY 2021)Full year 2022 results: US$0.019 loss per share (improved from US$0.064 loss in FY 2021). Revenue: US$4.04m (down 4.1% from FY 2021). Net loss: US$1.01m (loss narrowed 66% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 12% per year.
공시 • Feb 16T42 Iot Tracking Solutions plc Provides Revenue Guidance for the Fiscal Year 2022t42 IoT Tracking Solutions PLC provides revenue guidance for the fiscal year 2022. The Company expects to report total revenues for FY2022 of approximately USD 4.0 million, including approximately $2.0 million of SaaS income representing approximately 50% of the total revenues for the period (2021:51%).
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Martin Blair was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
분석 기사 • Oct 04Is t42 IoT Tracking Solutions (LON:TRAC) Using Debt Sensibly?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Sep 22t42 IoT Tracking Solutions PLC, Annual General Meeting, Oct 06, 2022t42 IoT Tracking Solutions PLC, Annual General Meeting, Oct 06, 2022, at 10:00 Coordinated Universal Time. Location: 96 Dereh Ramataim Hod Ha’sharon Israel
Reported Earnings • Sep 15First half 2022 earnings released: US$0.004 loss per share (vs US$0.012 loss in 1H 2021)First half 2022 results: US$0.004 loss per share (improved from US$0.012 loss in 1H 2021). Revenue: US$2.18m (down 4.1% from 1H 2021). Net loss: US$222.0k (loss narrowed 58% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Aug 10t42 IoT Tracking Solutions PLC Launches New and Improved Lokies 2.0t42 IoT Tracking Solutions PLC announced the launch of the Lokies 2.0, a significantly enhanced version of its best-selling smart tracking product. Lokies is a unique, keyless smart padlock with innovative IoT capabilities. It is designed for markets where there is a need to protect inventory, commercial goods, supplies, cargo or venues. Lokies can be unlocked remotely by authorized users without needing a key. Its built-in, advanced Bluetooth Low Energy (BLE) connectivity enables the identification and management of multiple users using different access authorisations. The Access Control feature keeps a complete log of when it is opened, for how long and by whom. Several significant improvements have been made to the new Lokies product: a new cellular module for improved remote wireless coverage, a new universal charging port, an enhanced central processing unit (CPU) for better performance, and new BLE 5.2 for improved energy consumption. These improvements meet the market's needs and are based on its customers' feedback on their requirements. With the new cellular module, Lokies 2.0 will support LTE and 3G networks, ensuring global coverage and allowing the Company to operate the same unit anywhere in the world for years to come. Its new USB-C charging port makes the Lokies 2.0 more functional and user-friendly, specifically with the upgraded BLE 5.2 wireless connectivity allowing customers to spend even less time and effort on charging the units. Lastly, the upgraded CPU will allow the units to store more events, provide better security encryption, and improve overall performance. Having recently signed several new contracts and distribution agreements, including supplying Lokies to ports in Latin America, DHL, the global leader in logistics, and Olimp Bulgaria Ltd, a world leader and exporter of security seals, t42 is pleased to be releasing the improved Lokies 2.0 product to market in September this year.
분석 기사 • Jun 21Does t42 IoT Tracking Solutions (LON:TRAC) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Martin Blair was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
분석 기사 • Mar 06We Think t42 IoT Tracking Solutions (LON:TRAC) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: US$0.064 loss per share (down from US$0.047 loss in FY 2020). Revenue: US$4.21m (down 16% from FY 2020). Net loss: US$2.96m (loss widened 45% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
공시 • Dec 24t42 IoT Tracking Solutions PLC announced that it expects to receive £0.925 million in fundingt42 IoT Tracking Solutions PLC announced that it has entered into an agreement for a private placement of unsecured convertible loan notes for gross proceeds of £925,000 on December 23, 2021. The company also issued warrants totalling £462,500 on the basis of 1 warrant for every £2 of notes. The convertible loan notes have an expiration date of 31 December 2023 and attract interest at a rate of 8% per annum, which is payable quarterly in arrears commencing on 31 March 2022. The notes shall be convertible into new ordinary shares of the company at 15 pence per share. The notes shall be convertible, in part or in full, at the option of the Lenders from the date of issuance until the final repayment date, being 31 December 2023. The warrants will be convertible into 3,083,334 new ordinary shares.
분석 기사 • Oct 23We Think Starcom (LON:STAR) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Jul 09Here's Why Starcom plc's (LON:STAR) CEO Compensation Is The Least Of Shareholders ConcernsThe performance at Starcom plc ( LON:STAR ) has been rather lacklustre of late and shareholders may be wondering what...
분석 기사 • Mar 31Here's Why Starcom (LON:STAR) Can Afford Some DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Mar 26Full year 2020 earnings released: US$0.006 loss per share (vs US$0.003 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$5.04m (down 26% from FY 2019). Net loss: US$2.05m (loss widened 101% from FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
분석 기사 • Nov 20What Can We Make Of Starcom's (LON:STAR) CEO Compensation?Avi Hartmann has been the CEO of Starcom plc (LON:STAR) since 2000, and this article will examine the executive's...
공시 • Sep 25Starcom plc announced that it expects to receive £0.2436 million in funding from Montrose Securities Ltd and other investorsStarcom plc (AIM:STAR) announced that it has entered into an agreement with certain directors and an employee of the company to issue convertible loans for the gross proceeds for £243,600 on March 24, 2020. Loans are convertible into ordinary shares. Loan shall bear an interest rate of 8% per annum payable quarterly in arrears and the loan principal is repayable on 30 September 2021. Loans are convertible at a conversion price of £1.25 per share at any time up until the loan repayment date. In addition, the loans can be repaid early at the election of the company, although not before 30 September 2020, with an early redemption fee of 8% of the principal loan amount. The company shall issue 4,000,000 warrants in the transaction. The warrants are exercisable at a price of £1.5 per ordinary Share, being a premium of 50% to the closing mid-market share price on 24 March 2020. The warrants are exercisable from the date of grant and expire on the second anniversary of the grant. The company will issue loan and warrants to Montrose Securities Limited, a company controlled by Michael Rosenberg (Non-Executive Chairman) £100,000 and 1,600,000 warrants, Avi Engel (Non-Executive Director) £100,000 and 1,600,000 warrants, Igor Vatenmacher (Chief Financial Officer) £21,800 and 400,000 warrants, Starcom Employee £21,800 and 400,000 warrants. Under the loan agreements, Avi Hartman, is providing a personal guarantee to the Lenders against 50% of the principal loan value.