View Future GrowthNarf Industries 과거 순이익 실적과거 기준 점검 0/6Narf Industries은 연평균 18.7%의 비율로 수입이 증가해 온 반면, IT 산업은 연평균 10.4%의 비율로 증가했습니다. 매출은 연평균 40.6%의 비율로 증가했습니다.핵심 정보18.74%순이익 성장률35.97%주당순이익(EPS) 성장률IT 산업 성장률17.66%매출 성장률40.57%자기자본이익률n/a순이익률-58.08%최근 순이익 업데이트30 Sep 2025최근 과거 실적 업데이트공지 • Jul 24Narf Industries Plc to Report Fiscal Year 2025 Results on Jul 31, 2025Narf Industries Plc announced that they will report fiscal year 2025 results at 11:00 AM, GMT Standard Time on Jul 31, 2025Reported Earnings • Jan 02First half 2025 earnings released: US$0.001 loss per share (vs US$0.001 loss in 1H 2024)First half 2025 results: US$0.001 loss per share (in line with 1H 2024). Revenue: US$988.5k (down 62% from 1H 2024). Net loss: US$1.87m (loss widened 83% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 02Full year 2024 earnings released: US$0.001 loss per share (vs US$0.006 loss in FY 2023)Full year 2024 results: US$0.001 loss per share (improved from US$0.006 loss in FY 2023). Revenue: US$6.06m (up 93% from FY 2023). Net loss: US$1.16m (loss narrowed 89% from FY 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.Reported Earnings • Jan 29Full year 2023 earnings releasedFull year 2023 results: Revenue: US$4.94m (up 94% from FY 2022). Net loss: US$1.45m (loss narrowed 92% from FY 2022).Reported Earnings • Sep 29First half 2023 earnings released: EPS: US$0 (vs US$0.013 loss in 1H 2022)First half 2023 results: EPS: US$0 (improved from US$0.013 loss in 1H 2022). Revenue: US$2.58m (up 83% from 1H 2022). Net loss: US$156.2k (loss narrowed 99% from 1H 2022).모든 업데이트 보기Recent updatesNew Risk • Jan 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: UK£7.21m (US$9.88m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$447k free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-US$3.3m). Market cap is less than US$10m (UK£7.21m market cap, or US$9.88m). Minor Risk Revenue is less than US$5m (US$3.9m revenue).공지 • Sep 04Narf Industries Plc, Annual General Meeting, Oct 02, 2025Narf Industries Plc, Annual General Meeting, Oct 02, 2025. Location: the offices of tennyson securities, 65 petty france, sw1h 9eu, london United Kingdom공지 • Jul 24Narf Industries Plc to Report Fiscal Year 2025 Results on Jul 31, 2025Narf Industries Plc announced that they will report fiscal year 2025 results at 11:00 AM, GMT Standard Time on Jul 31, 2025New Risk • Jul 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-US$1.5m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Revenue is less than US$5m (US$4.1m revenue). Market cap is less than US$100m (UK£8.91m market cap, or US$12.0m).공지 • Jun 27Narf Industries plc Launches Ranger, an Open-Source Risk Detection PlatformNarf Industries plc announced the launch of Ranger, a powerful new software platform that helps organizations identify hidden threats in open-source software before they escalate into serious issues. Ranger goes beyond traditional code scanning. It analyzes the people and behaviors behind open-source projects to detect early warning signs, giving users critical foresight into emerging risks and vulnerabilities. Ranger's commercial launch marks a significant validation of Ranger's technical maturity and operational value, reinforcing its readiness for mission-critical use. With this strong foundation, Ranger is well positioned for broader adoption by further U.S. Government agencies and commercial rollout into enterprise sectors where securing the software supply chain is an urgent and growing priority. As the global dependence on open-source software continues to grow, so does the critical need to safeguard its integrity. Ranger is purpose built to address this challenge and offers Narf a clear opportunity to scale its presence across government agencies and enterprise markets and establish itself as a leader in the fast-evolving field of software supply chain security. Narf launches Ranger, an advanced early warning platform for open-source software security. Monitors and analyzes team and repository dynamics, and anomalies in open-source activity to uncover risks and threats, not just the code itself. Targeting government agencies with critical needs, followed by enterprise clients in high-risk sectors, with plans to integrate into broader threat intelligence ecosystems. A SaaS revenue model to include licensing, API integration, and future partnerships with threat intelligence providers building a scalable path to recurring, high-margin revenues. The global software supply chain security market is forecast to grow at a CAGR of 12.5% from 2024 to 2030, surpassing $5 billion by 2030. As reliance on open-source software grows, so too does the scale of potential vulnerabilities. Ranger tackles this challenge head-on by providing early, actionable intelligence, not just on the code itself, but on the team behaviors and repository dynamics that often signal a breach before it happens. This makes it a unique and valuable tool for today's cyber environment and places Narf at the forefront of a fast-moving cybersecurity frontier, delivering a solution with real commercial relevance, growing demand, and long-term strategic value.New Risk • Feb 24New 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 7.2% 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 Less than 1 year of cash runway based on free cash flow trend (-US$1.6m free cash flow). Negative equity (-US$1.5m). Market cap is less than US$10m (UK£5.09m market cap, or US$6.44m). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Revenue is less than US$5m (US$4.1m revenue).New Risk • Jan 08New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: UK£8.06m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$1.6m free cash flow). Negative equity (-US$1.5m). Market cap is less than US$10m (UK£8.06m market cap, or US$9.98m). Minor Risk Revenue is less than US$5m (US$4.1m revenue).Reported Earnings • Jan 02First half 2025 earnings released: US$0.001 loss per share (vs US$0.001 loss in 1H 2024)First half 2025 results: US$0.001 loss per share (in line with 1H 2024). Revenue: US$988.5k (down 62% from 1H 2024). Net loss: US$1.87m (loss widened 83% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.New Risk • Nov 18New major risk - Revenue and earnings growthEarnings have declined by 2.5% 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 Negative equity (-US$239k). Earnings have declined by 2.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (UK£11.0m market cap, or US$13.9m).공지 • Sep 06Narf Industries Plc, Annual General Meeting, Oct 04, 2024Narf Industries Plc, Annual General Meeting, Oct 04, 2024. Location: the offices of tennyson securities, 65 petty france, sw1h 9eu, london United KingdomBoard Change • Aug 07Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non Executive Director Bud Hawk was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 02Full year 2024 earnings released: US$0.001 loss per share (vs US$0.006 loss in FY 2023)Full year 2024 results: US$0.001 loss per share (improved from US$0.006 loss in FY 2023). Revenue: US$6.06m (up 93% from FY 2023). Net loss: US$1.16m (loss narrowed 89% from FY 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.공지 • Jan 30Narf Industries Plc, Annual General Meeting, Feb 22, 2024Narf Industries Plc, Annual General Meeting, Feb 22, 2024, at 10:00 Coordinated Universal Time. Location: the offices of Tennyson Securities, 65 Petty France, London SW1H 9EU London United KingdomReported Earnings • Jan 29Full year 2023 earnings releasedFull year 2023 results: Revenue: US$4.94m (up 94% from FY 2022). Net loss: US$1.45m (loss narrowed 92% from FY 2022).Reported Earnings • Sep 29First half 2023 earnings released: EPS: US$0 (vs US$0.013 loss in 1H 2022)First half 2023 results: EPS: US$0 (improved from US$0.013 loss in 1H 2022). Revenue: US$2.58m (up 83% from 1H 2022). Net loss: US$156.2k (loss narrowed 99% from 1H 2022).공지 • Sep 27Narf Industries Plc Maintains Revenue Guidance for the Year 2023Narf Industries Plc maintained revenue guidance for the year 2023. For the year, the company expects revenue will be at least $5.8 million.Board Change • Jul 14Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director & Company Secretary Rory Heier was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 30Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director & Company Secretary Rory Heier was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Sep 29Narf Industries plc Provides Revenue Guidance for Year Ended 31 December 2022, 2023 and 2024Narf Industries Plc provided revenue guidance for year ended 31 December 2022, 2023 and 2024. The last reported annual revenue for Narf was USD 2.7 million. Narf is expecting to grow to USD 4.4 million for this year ended 31 December 2022. By year ended 31 December 2023 with the impact of TIGR and the new DoD contracts company are expecting to generate revenues of approximately USD 9 million of which the company has around 80% visibility. The company plan to increase headcount, in particular within the TIGR integration team, which will help drive to goal to reach revenues of over USD 20 million by year ended 31 December 2024.공지 • Jul 06Cyba Plc, Annual General Meeting, Jul 28, 2022Cyba Plc, Annual General Meeting, Jul 28, 2022, at 10:00 Coordinated Universal Time. Location: The Clubhouse, 8 St James's Square London United Kingdom공지 • Jun 21Cyba plc Announces Executive ChangesSteve Bassi, who is currently a Non-Executive Director of the Cyba Plc and CEO of the NARF Industries Group, has been formally appointed as Chief Executive Officer. Robert Mitchell will remain as Executive Chairman and Rory Heier and John Herring will continue as Directors. Further senior appointments consistent with NARF's business focus will be announced in due course.공지 • Jun 22Narf Industries LLC and Narf Industries PR LLC entered into a binding heads of agreement to acquire Cyba Plc (LSE:CYBA) for $25.6 million in a reverse merger transaction.Narf Industries LLC and Narf Industries PR LLC entered into a binding heads of agreement to acquire Cyba Plc (LSE:CYBA) for $25.6 million in a reverse merger transaction on June 21, 2021. The transaction is subject to completion of the necessary due diligence. Peter Krens of Tennyson Securities acted as financial advisor to Cyba.매출 및 비용 세부 내역Narf Industries가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이LSE:NARF 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비30 Sep 254-23030 Jun 253-33031 Mar 253-43030 Sep 244-22030 Jun 245-22031 Mar 246-13031 Dec 235-16030 Sep 23475030 Jun 234-23031 Mar 233-103031 Dec 223-194030 Sep 222-183030 Jun 221-172031 Mar 221-101031 Dec 210-21030 Jun 210-22031 Mar 210-22031 Dec 200-220양질의 수익: NARF 은(는) 현재 수익성이 없습니다.이익 마진 증가: NARF는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: NARF는 수익성이 없지만 지난 5년 동안 연평균 18.7%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 NARF의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: NARF은 수익성이 없어 지난 해 수익 성장률을 IT 업계(-23.5%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: NARF의 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 분석2026/05/11 14:41종가2026/05/11 00:00수익2025/09/30연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Narf Industries 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.분석가기관Kai KorscheltCanaccord Genuity
공지 • Jul 24Narf Industries Plc to Report Fiscal Year 2025 Results on Jul 31, 2025Narf Industries Plc announced that they will report fiscal year 2025 results at 11:00 AM, GMT Standard Time on Jul 31, 2025
Reported Earnings • Jan 02First half 2025 earnings released: US$0.001 loss per share (vs US$0.001 loss in 1H 2024)First half 2025 results: US$0.001 loss per share (in line with 1H 2024). Revenue: US$988.5k (down 62% from 1H 2024). Net loss: US$1.87m (loss widened 83% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 02Full year 2024 earnings released: US$0.001 loss per share (vs US$0.006 loss in FY 2023)Full year 2024 results: US$0.001 loss per share (improved from US$0.006 loss in FY 2023). Revenue: US$6.06m (up 93% from FY 2023). Net loss: US$1.16m (loss narrowed 89% from FY 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
Reported Earnings • Jan 29Full year 2023 earnings releasedFull year 2023 results: Revenue: US$4.94m (up 94% from FY 2022). Net loss: US$1.45m (loss narrowed 92% from FY 2022).
Reported Earnings • Sep 29First half 2023 earnings released: EPS: US$0 (vs US$0.013 loss in 1H 2022)First half 2023 results: EPS: US$0 (improved from US$0.013 loss in 1H 2022). Revenue: US$2.58m (up 83% from 1H 2022). Net loss: US$156.2k (loss narrowed 99% from 1H 2022).
New Risk • Jan 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: UK£7.21m (US$9.88m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$447k free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-US$3.3m). Market cap is less than US$10m (UK£7.21m market cap, or US$9.88m). Minor Risk Revenue is less than US$5m (US$3.9m revenue).
공지 • Sep 04Narf Industries Plc, Annual General Meeting, Oct 02, 2025Narf Industries Plc, Annual General Meeting, Oct 02, 2025. Location: the offices of tennyson securities, 65 petty france, sw1h 9eu, london United Kingdom
공지 • Jul 24Narf Industries Plc to Report Fiscal Year 2025 Results on Jul 31, 2025Narf Industries Plc announced that they will report fiscal year 2025 results at 11:00 AM, GMT Standard Time on Jul 31, 2025
New Risk • Jul 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-US$1.5m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Revenue is less than US$5m (US$4.1m revenue). Market cap is less than US$100m (UK£8.91m market cap, or US$12.0m).
공지 • Jun 27Narf Industries plc Launches Ranger, an Open-Source Risk Detection PlatformNarf Industries plc announced the launch of Ranger, a powerful new software platform that helps organizations identify hidden threats in open-source software before they escalate into serious issues. Ranger goes beyond traditional code scanning. It analyzes the people and behaviors behind open-source projects to detect early warning signs, giving users critical foresight into emerging risks and vulnerabilities. Ranger's commercial launch marks a significant validation of Ranger's technical maturity and operational value, reinforcing its readiness for mission-critical use. With this strong foundation, Ranger is well positioned for broader adoption by further U.S. Government agencies and commercial rollout into enterprise sectors where securing the software supply chain is an urgent and growing priority. As the global dependence on open-source software continues to grow, so does the critical need to safeguard its integrity. Ranger is purpose built to address this challenge and offers Narf a clear opportunity to scale its presence across government agencies and enterprise markets and establish itself as a leader in the fast-evolving field of software supply chain security. Narf launches Ranger, an advanced early warning platform for open-source software security. Monitors and analyzes team and repository dynamics, and anomalies in open-source activity to uncover risks and threats, not just the code itself. Targeting government agencies with critical needs, followed by enterprise clients in high-risk sectors, with plans to integrate into broader threat intelligence ecosystems. A SaaS revenue model to include licensing, API integration, and future partnerships with threat intelligence providers building a scalable path to recurring, high-margin revenues. The global software supply chain security market is forecast to grow at a CAGR of 12.5% from 2024 to 2030, surpassing $5 billion by 2030. As reliance on open-source software grows, so too does the scale of potential vulnerabilities. Ranger tackles this challenge head-on by providing early, actionable intelligence, not just on the code itself, but on the team behaviors and repository dynamics that often signal a breach before it happens. This makes it a unique and valuable tool for today's cyber environment and places Narf at the forefront of a fast-moving cybersecurity frontier, delivering a solution with real commercial relevance, growing demand, and long-term strategic value.
New Risk • Feb 24New 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 7.2% 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 Less than 1 year of cash runway based on free cash flow trend (-US$1.6m free cash flow). Negative equity (-US$1.5m). Market cap is less than US$10m (UK£5.09m market cap, or US$6.44m). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Revenue is less than US$5m (US$4.1m revenue).
New Risk • Jan 08New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: UK£8.06m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$1.6m free cash flow). Negative equity (-US$1.5m). Market cap is less than US$10m (UK£8.06m market cap, or US$9.98m). Minor Risk Revenue is less than US$5m (US$4.1m revenue).
Reported Earnings • Jan 02First half 2025 earnings released: US$0.001 loss per share (vs US$0.001 loss in 1H 2024)First half 2025 results: US$0.001 loss per share (in line with 1H 2024). Revenue: US$988.5k (down 62% from 1H 2024). Net loss: US$1.87m (loss widened 83% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
New Risk • Nov 18New major risk - Revenue and earnings growthEarnings have declined by 2.5% 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 Negative equity (-US$239k). Earnings have declined by 2.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (UK£11.0m market cap, or US$13.9m).
공지 • Sep 06Narf Industries Plc, Annual General Meeting, Oct 04, 2024Narf Industries Plc, Annual General Meeting, Oct 04, 2024. Location: the offices of tennyson securities, 65 petty france, sw1h 9eu, london United Kingdom
Board Change • Aug 07Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non Executive Director Bud Hawk was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 02Full year 2024 earnings released: US$0.001 loss per share (vs US$0.006 loss in FY 2023)Full year 2024 results: US$0.001 loss per share (improved from US$0.006 loss in FY 2023). Revenue: US$6.06m (up 93% from FY 2023). Net loss: US$1.16m (loss narrowed 89% from FY 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
공지 • Jan 30Narf Industries Plc, Annual General Meeting, Feb 22, 2024Narf Industries Plc, Annual General Meeting, Feb 22, 2024, at 10:00 Coordinated Universal Time. Location: the offices of Tennyson Securities, 65 Petty France, London SW1H 9EU London United Kingdom
Reported Earnings • Jan 29Full year 2023 earnings releasedFull year 2023 results: Revenue: US$4.94m (up 94% from FY 2022). Net loss: US$1.45m (loss narrowed 92% from FY 2022).
Reported Earnings • Sep 29First half 2023 earnings released: EPS: US$0 (vs US$0.013 loss in 1H 2022)First half 2023 results: EPS: US$0 (improved from US$0.013 loss in 1H 2022). Revenue: US$2.58m (up 83% from 1H 2022). Net loss: US$156.2k (loss narrowed 99% from 1H 2022).
공지 • Sep 27Narf Industries Plc Maintains Revenue Guidance for the Year 2023Narf Industries Plc maintained revenue guidance for the year 2023. For the year, the company expects revenue will be at least $5.8 million.
Board Change • Jul 14Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director & Company Secretary Rory Heier was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 30Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director & Company Secretary Rory Heier was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Sep 29Narf Industries plc Provides Revenue Guidance for Year Ended 31 December 2022, 2023 and 2024Narf Industries Plc provided revenue guidance for year ended 31 December 2022, 2023 and 2024. The last reported annual revenue for Narf was USD 2.7 million. Narf is expecting to grow to USD 4.4 million for this year ended 31 December 2022. By year ended 31 December 2023 with the impact of TIGR and the new DoD contracts company are expecting to generate revenues of approximately USD 9 million of which the company has around 80% visibility. The company plan to increase headcount, in particular within the TIGR integration team, which will help drive to goal to reach revenues of over USD 20 million by year ended 31 December 2024.
공지 • Jul 06Cyba Plc, Annual General Meeting, Jul 28, 2022Cyba Plc, Annual General Meeting, Jul 28, 2022, at 10:00 Coordinated Universal Time. Location: The Clubhouse, 8 St James's Square London United Kingdom
공지 • Jun 21Cyba plc Announces Executive ChangesSteve Bassi, who is currently a Non-Executive Director of the Cyba Plc and CEO of the NARF Industries Group, has been formally appointed as Chief Executive Officer. Robert Mitchell will remain as Executive Chairman and Rory Heier and John Herring will continue as Directors. Further senior appointments consistent with NARF's business focus will be announced in due course.
공지 • Jun 22Narf Industries LLC and Narf Industries PR LLC entered into a binding heads of agreement to acquire Cyba Plc (LSE:CYBA) for $25.6 million in a reverse merger transaction.Narf Industries LLC and Narf Industries PR LLC entered into a binding heads of agreement to acquire Cyba Plc (LSE:CYBA) for $25.6 million in a reverse merger transaction on June 21, 2021. The transaction is subject to completion of the necessary due diligence. Peter Krens of Tennyson Securities acted as financial advisor to Cyba.