New Risk • Jun 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risk Market cap is less than US$100m (RON169.8m market cap, or US$37.3m). 공고 • Jun 01
S.C. IOR S.A. to Report Q3, 2026 Results on Nov 24, 2026 S.C. IOR S.A. announced that they will report Q3, 2026 results on Nov 24, 2026 Reported Earnings • May 26
First quarter 2026 earnings released: EPS: RON0.001 (vs RON0 in 1Q 2025) First quarter 2026 results: EPS: RON0.001 (up from RON0 in 1Q 2025). Revenue: RON11.4m (up 49% from 1Q 2025). Net income: RON378.4k (up RON582.2k from 1Q 2025). Profit margin: 3.3% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. 공고 • May 26
S.C. IOR S.A. to Report Q1, 2026 Results on May 26, 2026 S.C. IOR S.A. announced that they will report Q1, 2026 results on May 26, 2026 공고 • Apr 27
S.C. IOR S.A. to Report Fiscal Year 2025 Results on Apr 28, 2026 S.C. IOR S.A. announced that they will report fiscal year 2025 results on Apr 28, 2026 공고 • Apr 09
S.C. IOR S.A., Annual General Meeting, May 28, 2026 S.C. IOR S.A., Annual General Meeting, May 28, 2026. Reported Earnings • Nov 27
Third quarter 2025 earnings released Third quarter 2025 results: EPS: RON0. Revenue: RON6.00m (up 61% from 3Q 2024). Net income: RON40.9k (up RON1.02m from 3Q 2024). Profit margin: 0.7% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: RON0 (vs RON0.002 in 2Q 2024) Second quarter 2025 results: EPS: RON0 (down from RON0.002 in 2Q 2024). Revenue: RON19.5m (up 412% from 2Q 2024). Net income: RON323.8k (down 68% from 2Q 2024). Profit margin: 1.7% (down from 26% in 2Q 2024). The decrease in margin was driven by higher expenses. Reported Earnings • May 29
First quarter 2025 earnings released First quarter 2025 results: EPS: RON0. Revenue: RON8.59m (up 136% from 1Q 2024). Net loss: RON203.7k (loss widened 76% from 1Q 2024). New Risk • May 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risk Market cap is less than US$100m (RON130.1m market cap, or US$29.1m). New Risk • May 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.0% Last year net profit margin: 3.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (RON141.4m market cap, or US$31.1m). Board Change • May 12
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Chairman of the Board Victoria Voicu was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공고 • Mar 27
S.C. IOR S.A., Annual General Meeting, Apr 29, 2025 S.C. IOR S.A., Annual General Meeting, Apr 29, 2025. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 46% 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Minor Risks Revenue is less than US$5m (RON18m revenue, or US$3.7m). Market cap is less than US$100m (RON131.4m market cap, or US$27.2m). Board Change • Jan 13
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Chairman of the Board Victoria Voicu was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 28
Third quarter 2024 earnings released Third quarter 2024 results: RON0.002 loss per share. Revenue: RON13.2m (up 224% from 3Q 2023). Net loss: RON976.3k (loss widened 31% from 3Q 2023). Board Change • Nov 22
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 29
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: RON12.3m (up 71% from 2Q 2023). Net income: RON1.01m (up RON1.92m from 2Q 2023). Profit margin: 8.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. New Risk • Aug 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 46% 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: Minor Risks Shareholders have been diluted in the past year (46% increase in shares outstanding). Market cap is less than US$100m (RON165.7m market cap, or US$37.0m). New Risk • Jun 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RON38.1m (US$8.26m) 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 Shares are highly illiquid. Market cap is less than US$10m (RON38.1m market cap, or US$8.26m). Board Change • May 09
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 03
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.