New Risk • Mar 15
New minor risk - Financial data availability The 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 Less than 1 year of cash runway based on free cash flow trend (-₪2.0m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Negative equity (-₪2.7m). Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₪19.6m market cap, or US$5.37m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). 공시 • Sep 26
Wind Buzz Technologies Ltd, Annual General Meeting, Oct 30, 2024 Wind Buzz Technologies Ltd, Annual General Meeting, Oct 30, 2024. Location: co. offices, Israel New Risk • Mar 16
New minor risk - Financial data availability The 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 Less than 1 year of cash runway based on free cash flow trend (-₪4.8m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Negative equity (-₪1.8m). Earnings have declined by 3.4% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₪26.0m market cap, or US$7.06m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (4.1% increase in shares outstanding). New Risk • Mar 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.1% 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 (-₪4.8m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-₪1.8m). Earnings have declined by 3.4% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₪25.5m market cap, or US$7.13m). Minor Risk Shareholders have been diluted in the past year (4.1% increase in shares outstanding). New Risk • Dec 30
New major risk - Negative shareholders equity The company has negative equity. Total equity: -₪1.8m 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 (-₪4.8m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-₪1.8m). Earnings have declined by 3.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (303% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (₪21.7m market cap, or US$6.01m). 공시 • Nov 20
Wind Buzz Technologies Ltd, Annual General Meeting, Jan 03, 2024 Wind Buzz Technologies Ltd, Annual General Meeting, Jan 03, 2024, at 15:00 Israel Standard Time. New Risk • Sep 02
New major risk - Revenue and earnings growth Earnings have declined by 3.6% 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 Less than 1 year of cash runway based on free cash flow trend (-₪4.8m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 3.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (302% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (₪34.3m market cap, or US$9.03m). Minor Risk Negative equity (-₪1.8m). Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Keren Ben-Plowed was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 24
Full year 2020 earnings released: ₪0.21 loss per share (vs ₪0.071 profit in FY 2019) Full year 2020 results: Net loss: ₪3.98m (down 400% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 13
New 90-day high: ₪1.25 The company is up 45% from its price of ₪0.86 on 15 October 2020. The Israeli market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 21% over the same period. Is New 90 Day High Low • Nov 02
New 90-day high: ₪0.99 The company is up 8.0% from its price of ₪0.92 on 04 August 2020. The Israeli market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 1.0% over the same period. Is New 90 Day High Low • Oct 15
New 90-day high: ₪1.01 The company is up 21% from its price of ₪0.84 on 16 July 2020. The Israeli market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 6.0% over the same period.