Board Change • May 20
Less than half of directors are independent 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. 1 highly experienced director. 2 independent directors (4 non-independent directors). Non-Executive Independent Director Nadine Darmanie was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Dec 15
CinemaONE Limited, Annual General Meeting, Dec 18, 2025 CinemaONE Limited, Annual General Meeting, Dec 18, 2025, at 10:00 SA Western Standard Time. Location: gemstone vip cinemas, 3rd floor, one woodbrook place, port of spain Trinidad & Tobago 공시 • Jan 11
CinemaONE Limited Auditor Raises 'Going Concern' Doubt CinemaONE Limited filed its Annual on Jan 09, 2025 for the period ending Sep 30, 2024. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern. New Risk • Sep 01
New minor risk - Financial data availability The 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 (-TT$3.1m free cash flow). Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (TT$47.2m market cap, or US$6.99m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Revenue is less than US$5m (TT$17m revenue, or US$2.5m). Reported Earnings • Dec 28
Full year 2023 earnings released: TT$0.09 loss per share (vs TT$0.22 loss in FY 2022) Full year 2023 results: TT$0.09 loss per share (improved from TT$0.22 loss in FY 2022). Revenue: TT$17.0m (up 75% from FY 2022). Net loss: TT$688.3k (loss narrowed 52% from FY 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 16
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: TT$5.38m (up 59% from 3Q 2022). Net income: TT$268.7k (up TT$379.7k from 3Q 2022). Profit margin: 5.0% (up from net loss in 3Q 2022). New Risk • Jul 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Trinidadian or Tobagonian stocks, typically moving 4.6% 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 (-TT$811k free cash flow). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (TT$61.7m market cap, or US$9.09m). Minor Risks Share price has been volatile over the past 3 months (4.6% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). Revenue is less than US$5m (TT$13m revenue, or US$2.0m). New Risk • Jun 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -TT$811k 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 (-TT$811k free cash flow). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (TT$56.1m market cap, or US$8.30m). Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Revenue is less than US$5m (TT$13m revenue, or US$2.0m). Reported Earnings • Jan 01
Full year 2022 earnings released: TT$0.22 loss per share (vs TT$1.09 loss in FY 2021) Full year 2022 results: TT$0.22 loss per share (improved from TT$1.09 loss in FY 2021). Revenue: TT$9.72m (up 369% from FY 2021). Net loss: TT$1.42m (loss narrowed 80% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Independent Director Nadine Darmanie was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • May 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be TT$3.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 59% over the last 3 years. Meanwhile, the company became loss making. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Independent Director Nadine Darmanie was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Independent Director Nadine Darmanie was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 29
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: TT$1.09 loss per share (down from TT$0.77 loss in FY 2020). Net loss: TT$7.00m (loss widened 42% from FY 2020). Revenue was in line with analyst estimates. Reported Earnings • May 16
Second quarter 2021 earnings released Second quarter 2021 results: Net loss: TT$845.5k (loss widened TT$825.2k from 2Q 2020). Reported Earnings • Dec 30
Full year 2020 earnings released: TT$0.77 loss per share Full year 2020 results: Net loss: TT$4.92m (down TT$5.79m from profit in FY 2019). Is New 90 Day High Low • Nov 05
New 90-day low: TT$4.00 The company is down 20% from its price of TT$5.00 on 07 August 2020. The Trinidadian or Tobagonian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is flat over the same period.