View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsCirca Group 배당 및 자사주 매입배당 기준 점검 0/6Circa Group 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률0%자사주 매입 수익률총 주주 수익률0%미래 배당 수익률0%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공지 • Sep 10Circa Group AS Announces Resignation of Lars P. Sperre as DirectorDirector Lars P. Sperre has informed Circa Group AS that he has accepted a new full-time role which requires him to resign from the director role with the company. Circa Group AS will continue with the remaining board consisting of six directors, which is in accordance with the company’s article of association and will not engage in a replacement process for the time being.Reported Earnings • Aug 23Second quarter 2024 earnings released: €0.02 loss per share (vs €0.009 loss in 2Q 2023)Second quarter 2024 results: €0.02 loss per share (further deteriorated from €0.009 loss in 2Q 2023). Net loss: €2.08m (loss widened 97% from 2Q 2023).New Risk • Jul 22New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr95.2m (US$8.68m) 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 (-€29m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (kr95.2m market cap, or US$8.68m). Minor Risk Revenue is less than US$5m (€1.6m revenue, or US$1.8m).공지 • May 29Circa Group AS Approves the Election of Simon Powell as A Board MemberCirca Group AS at its AGM, held on May 28, 2024, approved the election of Simon Powell as a board member for a two year period.Reported Earnings • May 17First quarter 2024 earnings released: €0.02 loss per share (vs €0.013 loss in 1Q 2023)First quarter 2024 results: €0.02 loss per share (further deteriorated from €0.013 loss in 1Q 2023). Net loss: €1.94m (loss widened 21% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 62% per year, which means it is performing significantly worse than earnings.공지 • Apr 20Circa Group as Announces Appointment of Erik Berger as Interim CFO, Effective on April 22, 2024Circa Group AS has hired Erik Berger starting as interim CFO following CFO Tone Leivestad's decision to resign in March. Erik Berger will join Circa on 22 April 2024 and will be based in the Oslo corporate office. Erik Berger comes with a senior background and is experienced in finance, raising capital, business strategy and performance. Erik's career has spanned various countries and sectors, including oil and gas and renewables. He has an MBA from French business school Ecole de Management Lyon.Reported Earnings • Feb 16Full year 2023 earnings released: €0.05 loss per share (vs €0.049 loss in FY 2022)Full year 2023 results: €0.05 loss per share. Net loss: €5.83m (loss narrowed 2.5% from FY 2022).New Risk • Feb 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 9.5% 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 Less than 1 year of cash runway based on free cash flow trend (-€27m free cash flow). Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Revenue is less than US$5m (€1.8m revenue, or US$2.0m). Market cap is less than US$100m (kr274.0m market cap, or US$26.0m).공지 • Nov 24Circa Group AS Announces Chief Executive Officer Changes, Effective 1 January 2024Circa Group AS announced the appointment of Bertel Karlstedt as the company's next Chief Executive Officer (CEO), effective 1 January 2024. Bertel joins Circa from Valmet Technologies Oy and Circa's industrial partner for the Furacell technology and the ReSolute project. This experience gives Bertel a unique head start and insight into ReSolute and Circa's longer-term strategic vision. Bertel Karlstedt brings 35 years of experience from a successful industrial career where he was responsible for businesses exceeding EUR1bn turnover. In his current role, he is assisting Valmet in the transition to the next generation of leaders, having been the President of Valmet's EUR 1 billion global Pulp and Energy business from 2015 to 2022. Before Valmet, Bertel was CEO of Nordkalk Oyj for almost 10 years. He was CEO of Metso Paper and President of Valmet-Rauma & Metso Paper's Paper Making business, with units across the globe and significant production in China. Bertel Karlstedt succeeds Tony Duncan, the Co-founder of Circa who has served as CEO since 2006. Under Tony's leadership, Circa has developed from an innovativeAustralian patented prototype company into a well-established, Euronext Growth listed, renewable chemicals company.공지 • Nov 14+ 4 more updatesCirca Group AS to Report Q3, 2024 Results on Nov 14, 2024Circa Group AS announced that they will report Q3, 2024 results on Nov 14, 2024New Risk • Nov 12New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€27m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-€27m free cash flow). Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (€1.8m revenue, or US$2.0m). Market cap is less than US$100m (kr426.2m market cap, or US$38.4m).Reported Earnings • Nov 12Third quarter 2023 earnings released: €0.01 loss per share (vs €0.013 loss in 3Q 2022)Third quarter 2023 results: €0.01 loss per share. Net loss: €1.61m (flat on 3Q 2022).Recent Insider Transactions • Sep 05VP Product Development recently bought kr408k worth of stockOn the 1st of September, Alessandro Napoli bought around 100k shares on-market at roughly kr4.08 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr855k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Aug 27Director recently bought kr258k worth of stockOn the 24th of August, Martin Laudenbach bought around 60k shares on-market at roughly kr4.29 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr447k more in shares than they have sold in the last 12 months.New Risk • Aug 18New major risk - Revenue and earnings growthEarnings have declined by 16% 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 Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (€4.1m net loss next year). Share price has been volatile over the past 3 months (9.6% average weekly change). Revenue is less than US$5m (€1.7m revenue, or US$1.8m). Market cap is less than US$100m (kr467.6m market cap, or US$44.0m).Reported Earnings • Aug 18Second quarter 2023 earnings releasedSecond quarter 2023 results: Net loss: €1.05m (loss narrowed 48% from 2Q 2022).공지 • Jul 07Circa Group AS Applies for Patent for Two New Solvents for Co2 Capture ProcessCirca Group AS has applied for patents for two new solvents for CO2 capture processes. As both the interest and the urgency to capture and transform carbon dioxide (CO2) emissions increases, Circa has developed two new CO2 solvents from its platform molecule, levoglucosenone (LGO). The two new solvents named Furatech:1 and Furatech:2 are the product of 12 months of development and testing across a range of new LGO-based molecules within Circa's R&D team. The Furatech products have been designed to be used in several current CO2 capture processes and discussions are underway about further optimisation with engineering partners. With the ReSolute plant commissioning planned for mid-2024, further testing and trialling of Furatech:1 and Furatech:2 will continue in parallel.New Risk • Jul 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 8.3% 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: Minor Risks Currently unprofitable and not forecast to become profitable next year (€5.3m net loss next year). Share price has been volatile over the past 3 months (8.3% average weekly change). Revenue is less than US$5m (€1.2m revenue, or US$1.3m). Market cap is less than US$100m (kr468.9m market cap, or US$43.5m).분석 기사 • Jun 23Is Circa Group (OB:CIRCA) In A Good Position To Invest In Growth?We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...공지 • May 10Circa Group AS Announces Management ChangesAs part of the continuous process to strengthen the organisation for the ongoing industrialisation and growth of Circa, the board of directors announced that Dr. Steve Döring has been appointed as the next CEO of Circa Group AS. The engagement of Dr. Döring is part of a succession plan following Tony Duncan's enormous efforts in the CEO role for Circa in over a decade. Tony Duncan will continue in the CEO role up to the transition with Dr. Döring which is scheduled to take place early in Fourth Quarter 2023. Dr. Döring succeeds Tony Duncan who is co-founder of Circa and has been serving as CEO since 2006. During his time as CEO, Circa has developed from an Australian development initiative into a well-established, Euronext Growth listed, renewable chemicals company with a well-known brand internationally and strong growth ambitions. Following the hand-over of the CEO role, Circa will propose to the shareholders to elect Tony Duncan to the board of directors of Circa to continue his engagement for the development of the company.Reported Earnings • Apr 23Full year 2022 earnings released: €0.049 loss per share (vs €0.058 loss in FY 2021)Full year 2022 results: €0.049 loss per share (improved from €0.058 loss in FY 2021). Net loss: €5.97m (loss narrowed 15% from FY 2021). Revenue is forecast to grow 158% p.a. on average during the next 2 years, compared to a 1.5% decline forecast for the Chemicals industry in Norway.Recent Insider Transactions • Feb 23Chief Financial Officer recently bought kr123k worth of stockOn the 22nd of February, Tone Leivestad bought around 20k shares on-market at roughly kr6.16 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Tone's only on-market trade for the last 12 months.Reported Earnings • Feb 17Full year 2022 earnings released: €0.049 loss per share (vs €0.058 loss in FY 2021)Full year 2022 results: €0.049 loss per share (improved from €0.058 loss in FY 2021). Net loss: €5.97m (loss narrowed 15% from FY 2021). Revenue is forecast to grow 158% p.a. on average during the next 2 years, while revenues in the Chemicals industry in Norway are expected to remain flat.분석 기사 • Jan 18We're Hopeful That Circa Group (OB:CIRCA) Will Use Its Cash WiselyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...Recent Insider Transactions • Nov 23Global Head of Manufacturing recently bought kr66k worth of stockOn the 21st of November, Philipp Morgenthaler bought around 10k shares on-market at roughly kr6.60 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr146k more in shares than they have sold in the last 12 months.Reported Earnings • Nov 19Third quarter 2022 earnings released: €0.013 loss per share (vs €0.013 loss in 3Q 2021)Third quarter 2022 results: €0.013 loss per share (in line with 3Q 2021). Net loss: €1.60m (flat on 3Q 2021). Revenue is forecast to grow 131% p.a. on average during the next 2 years, compared to a 3.1% decline forecast for the Chemicals industry in Norway.공지 • Nov 19+ 5 more updatesCirca Group AS, Annual General Meeting, May 25, 2023Circa Group AS, Annual General Meeting, May 25, 2023.Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Martin Laudenbach was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 25Second quarter 2022 earnings releasedSecond quarter 2022 results: Net loss: €2.02m (loss widened 31% from 2Q 2021). Over the next year, revenue is forecast to grow 27%, compared to a 154% growth forecast for the Chemicals industry in Norway.Recent Insider Transactions • Jul 05Global Head of Manufacturing recently bought kr80k worth of stockOn the 4th of July, Philipp Morgenthaler bought around 10k shares on-market at roughly kr7.98 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr289k more in shares than they have sold in the last 12 months.Recent Insider Transactions Derivative • Jul 03Co-Founder exercised options to buy kr1.5m worth of stock.On the 30th of June, Anthony Duncan exercised options to buy 200k shares at a strike price of around kr0.98, costing a total of kr195k. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. Since December 2021, Anthony has owned 6.48m shares directly. Company insiders have collectively bought kr404k more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • May 25First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: €0.009 loss per share. Net loss: €1.05m (loss narrowed 69% from 1Q 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the next year, revenue is forecast to grow 15%, compared to a 57% growth forecast for the industry in Norway.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Trond Stangeby was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Oct 22Chief Financial Officer recently bought kr209k worth of stockOn the 21st of October, Tone Leivestad bought around 20k shares on-market at roughly kr10.47 per share. This was the largest purchase by an insider in the last 3 months. This was Tone's only on-market trade for the last 12 months.Executive Departure • Sep 01Chief Financial Officer Peter Gome has left the companyOn the 1st of September, Peter Gome's tenure as Chief Financial Officer ended. As of June 2021, Peter still personally held 1.33m shares (kr23m worth at the time). Peter is the only executive to leave the company over the last 12 months.공지 • Mar 03+ 4 more updatesCirca Group AS to Report Q3, 2021 Results on Nov 25, 2021Circa Group AS announced that they will report Q3, 2021 results on Nov 25, 2021지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 CIRCA 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: CIRCA 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Circa Group 배당 수익률 vs 시장CIRCA의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (CIRCA)n/a시장 하위 25% (NO)3.1%시장 상위 25% (NO)7.5%업계 평균 (Chemicals)3.3%분석가 예측 (CIRCA) (최대 3년)0%주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 CIRCA 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 CIRCA 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 CIRCA 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: CIRCA 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YNO 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/12/17 07:27종가2024/12/13 00:00수익2024/06/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Circa Group AS는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Kenneth SivertsenPareto SecuritiesCarl Jørgen FlaenPareto Securities
공지 • Sep 10Circa Group AS Announces Resignation of Lars P. Sperre as DirectorDirector Lars P. Sperre has informed Circa Group AS that he has accepted a new full-time role which requires him to resign from the director role with the company. Circa Group AS will continue with the remaining board consisting of six directors, which is in accordance with the company’s article of association and will not engage in a replacement process for the time being.
Reported Earnings • Aug 23Second quarter 2024 earnings released: €0.02 loss per share (vs €0.009 loss in 2Q 2023)Second quarter 2024 results: €0.02 loss per share (further deteriorated from €0.009 loss in 2Q 2023). Net loss: €2.08m (loss widened 97% from 2Q 2023).
New Risk • Jul 22New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr95.2m (US$8.68m) 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 (-€29m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (kr95.2m market cap, or US$8.68m). Minor Risk Revenue is less than US$5m (€1.6m revenue, or US$1.8m).
공지 • May 29Circa Group AS Approves the Election of Simon Powell as A Board MemberCirca Group AS at its AGM, held on May 28, 2024, approved the election of Simon Powell as a board member for a two year period.
Reported Earnings • May 17First quarter 2024 earnings released: €0.02 loss per share (vs €0.013 loss in 1Q 2023)First quarter 2024 results: €0.02 loss per share (further deteriorated from €0.013 loss in 1Q 2023). Net loss: €1.94m (loss widened 21% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 62% per year, which means it is performing significantly worse than earnings.
공지 • Apr 20Circa Group as Announces Appointment of Erik Berger as Interim CFO, Effective on April 22, 2024Circa Group AS has hired Erik Berger starting as interim CFO following CFO Tone Leivestad's decision to resign in March. Erik Berger will join Circa on 22 April 2024 and will be based in the Oslo corporate office. Erik Berger comes with a senior background and is experienced in finance, raising capital, business strategy and performance. Erik's career has spanned various countries and sectors, including oil and gas and renewables. He has an MBA from French business school Ecole de Management Lyon.
Reported Earnings • Feb 16Full year 2023 earnings released: €0.05 loss per share (vs €0.049 loss in FY 2022)Full year 2023 results: €0.05 loss per share. Net loss: €5.83m (loss narrowed 2.5% from FY 2022).
New Risk • Feb 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 9.5% 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 Less than 1 year of cash runway based on free cash flow trend (-€27m free cash flow). Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Revenue is less than US$5m (€1.8m revenue, or US$2.0m). Market cap is less than US$100m (kr274.0m market cap, or US$26.0m).
공지 • Nov 24Circa Group AS Announces Chief Executive Officer Changes, Effective 1 January 2024Circa Group AS announced the appointment of Bertel Karlstedt as the company's next Chief Executive Officer (CEO), effective 1 January 2024. Bertel joins Circa from Valmet Technologies Oy and Circa's industrial partner for the Furacell technology and the ReSolute project. This experience gives Bertel a unique head start and insight into ReSolute and Circa's longer-term strategic vision. Bertel Karlstedt brings 35 years of experience from a successful industrial career where he was responsible for businesses exceeding EUR1bn turnover. In his current role, he is assisting Valmet in the transition to the next generation of leaders, having been the President of Valmet's EUR 1 billion global Pulp and Energy business from 2015 to 2022. Before Valmet, Bertel was CEO of Nordkalk Oyj for almost 10 years. He was CEO of Metso Paper and President of Valmet-Rauma & Metso Paper's Paper Making business, with units across the globe and significant production in China. Bertel Karlstedt succeeds Tony Duncan, the Co-founder of Circa who has served as CEO since 2006. Under Tony's leadership, Circa has developed from an innovativeAustralian patented prototype company into a well-established, Euronext Growth listed, renewable chemicals company.
공지 • Nov 14+ 4 more updatesCirca Group AS to Report Q3, 2024 Results on Nov 14, 2024Circa Group AS announced that they will report Q3, 2024 results on Nov 14, 2024
New Risk • Nov 12New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€27m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-€27m free cash flow). Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (€1.8m revenue, or US$2.0m). Market cap is less than US$100m (kr426.2m market cap, or US$38.4m).
Reported Earnings • Nov 12Third quarter 2023 earnings released: €0.01 loss per share (vs €0.013 loss in 3Q 2022)Third quarter 2023 results: €0.01 loss per share. Net loss: €1.61m (flat on 3Q 2022).
Recent Insider Transactions • Sep 05VP Product Development recently bought kr408k worth of stockOn the 1st of September, Alessandro Napoli bought around 100k shares on-market at roughly kr4.08 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr855k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Aug 27Director recently bought kr258k worth of stockOn the 24th of August, Martin Laudenbach bought around 60k shares on-market at roughly kr4.29 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr447k more in shares than they have sold in the last 12 months.
New Risk • Aug 18New major risk - Revenue and earnings growthEarnings have declined by 16% 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 Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (€4.1m net loss next year). Share price has been volatile over the past 3 months (9.6% average weekly change). Revenue is less than US$5m (€1.7m revenue, or US$1.8m). Market cap is less than US$100m (kr467.6m market cap, or US$44.0m).
Reported Earnings • Aug 18Second quarter 2023 earnings releasedSecond quarter 2023 results: Net loss: €1.05m (loss narrowed 48% from 2Q 2022).
공지 • Jul 07Circa Group AS Applies for Patent for Two New Solvents for Co2 Capture ProcessCirca Group AS has applied for patents for two new solvents for CO2 capture processes. As both the interest and the urgency to capture and transform carbon dioxide (CO2) emissions increases, Circa has developed two new CO2 solvents from its platform molecule, levoglucosenone (LGO). The two new solvents named Furatech:1 and Furatech:2 are the product of 12 months of development and testing across a range of new LGO-based molecules within Circa's R&D team. The Furatech products have been designed to be used in several current CO2 capture processes and discussions are underway about further optimisation with engineering partners. With the ReSolute plant commissioning planned for mid-2024, further testing and trialling of Furatech:1 and Furatech:2 will continue in parallel.
New Risk • Jul 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 8.3% 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: Minor Risks Currently unprofitable and not forecast to become profitable next year (€5.3m net loss next year). Share price has been volatile over the past 3 months (8.3% average weekly change). Revenue is less than US$5m (€1.2m revenue, or US$1.3m). Market cap is less than US$100m (kr468.9m market cap, or US$43.5m).
분석 기사 • Jun 23Is Circa Group (OB:CIRCA) In A Good Position To Invest In Growth?We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
공지 • May 10Circa Group AS Announces Management ChangesAs part of the continuous process to strengthen the organisation for the ongoing industrialisation and growth of Circa, the board of directors announced that Dr. Steve Döring has been appointed as the next CEO of Circa Group AS. The engagement of Dr. Döring is part of a succession plan following Tony Duncan's enormous efforts in the CEO role for Circa in over a decade. Tony Duncan will continue in the CEO role up to the transition with Dr. Döring which is scheduled to take place early in Fourth Quarter 2023. Dr. Döring succeeds Tony Duncan who is co-founder of Circa and has been serving as CEO since 2006. During his time as CEO, Circa has developed from an Australian development initiative into a well-established, Euronext Growth listed, renewable chemicals company with a well-known brand internationally and strong growth ambitions. Following the hand-over of the CEO role, Circa will propose to the shareholders to elect Tony Duncan to the board of directors of Circa to continue his engagement for the development of the company.
Reported Earnings • Apr 23Full year 2022 earnings released: €0.049 loss per share (vs €0.058 loss in FY 2021)Full year 2022 results: €0.049 loss per share (improved from €0.058 loss in FY 2021). Net loss: €5.97m (loss narrowed 15% from FY 2021). Revenue is forecast to grow 158% p.a. on average during the next 2 years, compared to a 1.5% decline forecast for the Chemicals industry in Norway.
Recent Insider Transactions • Feb 23Chief Financial Officer recently bought kr123k worth of stockOn the 22nd of February, Tone Leivestad bought around 20k shares on-market at roughly kr6.16 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Tone's only on-market trade for the last 12 months.
Reported Earnings • Feb 17Full year 2022 earnings released: €0.049 loss per share (vs €0.058 loss in FY 2021)Full year 2022 results: €0.049 loss per share (improved from €0.058 loss in FY 2021). Net loss: €5.97m (loss narrowed 15% from FY 2021). Revenue is forecast to grow 158% p.a. on average during the next 2 years, while revenues in the Chemicals industry in Norway are expected to remain flat.
분석 기사 • Jan 18We're Hopeful That Circa Group (OB:CIRCA) Will Use Its Cash WiselyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Recent Insider Transactions • Nov 23Global Head of Manufacturing recently bought kr66k worth of stockOn the 21st of November, Philipp Morgenthaler bought around 10k shares on-market at roughly kr6.60 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr146k more in shares than they have sold in the last 12 months.
Reported Earnings • Nov 19Third quarter 2022 earnings released: €0.013 loss per share (vs €0.013 loss in 3Q 2021)Third quarter 2022 results: €0.013 loss per share (in line with 3Q 2021). Net loss: €1.60m (flat on 3Q 2021). Revenue is forecast to grow 131% p.a. on average during the next 2 years, compared to a 3.1% decline forecast for the Chemicals industry in Norway.
공지 • Nov 19+ 5 more updatesCirca Group AS, Annual General Meeting, May 25, 2023Circa Group AS, Annual General Meeting, May 25, 2023.
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Martin Laudenbach was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 25Second quarter 2022 earnings releasedSecond quarter 2022 results: Net loss: €2.02m (loss widened 31% from 2Q 2021). Over the next year, revenue is forecast to grow 27%, compared to a 154% growth forecast for the Chemicals industry in Norway.
Recent Insider Transactions • Jul 05Global Head of Manufacturing recently bought kr80k worth of stockOn the 4th of July, Philipp Morgenthaler bought around 10k shares on-market at roughly kr7.98 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr289k more in shares than they have sold in the last 12 months.
Recent Insider Transactions Derivative • Jul 03Co-Founder exercised options to buy kr1.5m worth of stock.On the 30th of June, Anthony Duncan exercised options to buy 200k shares at a strike price of around kr0.98, costing a total of kr195k. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. Since December 2021, Anthony has owned 6.48m shares directly. Company insiders have collectively bought kr404k more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • May 25First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: €0.009 loss per share. Net loss: €1.05m (loss narrowed 69% from 1Q 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the next year, revenue is forecast to grow 15%, compared to a 57% growth forecast for the industry in Norway.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Trond Stangeby was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Oct 22Chief Financial Officer recently bought kr209k worth of stockOn the 21st of October, Tone Leivestad bought around 20k shares on-market at roughly kr10.47 per share. This was the largest purchase by an insider in the last 3 months. This was Tone's only on-market trade for the last 12 months.
Executive Departure • Sep 01Chief Financial Officer Peter Gome has left the companyOn the 1st of September, Peter Gome's tenure as Chief Financial Officer ended. As of June 2021, Peter still personally held 1.33m shares (kr23m worth at the time). Peter is the only executive to leave the company over the last 12 months.
공지 • Mar 03+ 4 more updatesCirca Group AS to Report Q3, 2021 Results on Nov 25, 2021Circa Group AS announced that they will report Q3, 2021 results on Nov 25, 2021