New Risk • May 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$85.2m This is considered a minor 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 (-UK£4.4m free cash flow). Share price has been highly volatile over the past 3 months (40% average weekly change). Revenue has declined by 67% over the past year. Revenue is less than US$1m (UK£423k revenue, or US$574k). Minor Risk Market cap is less than US$100m (US$85.2m market cap). Reported Earnings • May 05
Full year 2025 earnings released: UK£7.28 loss per share (vs UK£1.67 loss in FY 2024) Full year 2025 results: UK£7.28 loss per share (further deteriorated from UK£1.67 loss in FY 2024). Net loss: UK£63.3m (loss widened 424% from FY 2024). 공시 • Feb 12
WeShop Holdings Limited Announces Offerings In The Health And Fitness Category With Nike, Adidas, GNC Under Armour And Other Leading Retailers WeShop Holdings Limited announced access to leading health and fitness brands, including Adidas, Under Armour, Nike, ASICS, and GNC, through its marketplace, helping consumers stay committed to their health and wellness goals well into the new year. Within the WeShop app, members can shop a curated selection of health and fitness essentials spanning performance apparel, footwear, supplements, and recovery products. By integrating trusted category leaders into its marketplace, WeShop ties everyday wellness purchases to its ownership-driven model, reinforcing long-term engagement beyond seasonal resolutions. With ShareBack™, purchases that align with lifestyle goals also contribute toward building potential equity through the platform. By leveraging its established network of health and fitness brands, WeShop integrates ShareBack™ rewards directly into the shopping experience. Retailers are available immediately through the WeShop app. 공시 • Feb 10
WeShop Enhances User Experience with New Username Reservation Feature and Community Content Moderation WeShop Holdings Limited announced new safety and onboarding features, including a layered moderation system and username reservation without full account registration, supporting a safer and more accessible user experience. As part of its ongoing commitment to maintaining a safe, inclusive, and trusted online platform, WeShop has implemented a two-layer moderation framework designed to identify and remove harmful or inappropriate content more efficiently. The first layer, Community-First Moderation, enables WeShop's users to report content in real time. This community-driven approach allows potentially unsafe material to be flagged quickly and removed from the public view while under review by WeShop's moderation team. The second layer, Internal Platform Moderation, involves WeShop's moderation team reviewing all flagged content to determine whether it violates Community Guidelines. Content that breaches platform standards may be removed, and accounts may be suspended or permanently deleted. Where content breaches legal or regulatory requirements, including the UK's Online Safety Act, WeShop will act immediately in accordance with applicable laws. WeShop's Community Guidelines establish clear expectations for acceptable content and behavior, helping ensure a safe and inclusive environment for all users. WeShop has also introduced a Username Reservation feature that allows users to secure their preferred identity on the platform without completing full account registration. By separating username reservation from onboarding, the feature reduces friction for new users and protects digital identity as the WeShop community continues to grow. Together, these updates support WeShop's broader goal of building a trusted social commerce network where users can share, discover, and shop within a community that prioritizes safety, transparency, and ownership. 공시 • Jan 28
Weshop Holdings Limited Announces Electronics Offerings with Best Buy, Samsung, Lenovo and Ebay WeShop Holdings Limited announced retail partnerships with Best Buy, Samsung, Lenovo and eBay, enhancing its electronics offerings and giving shoppers even more ways to shop as demand for new televisions surges ahead of the Big Game. As demand for televisions, sound systems, and connected devices peaks during major sporting moments, WeShop is leveraging its existing partnerships with leading electronics retailers to make high ticket purchases more rewarding. Through ShareBack™?, WeShop enables shoppers to earn WePoints through everyday purchases at retailers they already know and trust, which may convert into ownership in WeShop, aligning everyday spending with long-term participation in the platform's growth. By leveraging its established network of electronics retailers, WeShop integrates ShareBack™? rewards directly into the shopping experience, allowing users to earn WePoints while purchasing TVs, laptops, audio equipment and other devices essential to game-day gatherings. This approach reinforces WeShop's differentiated model of community ownership, where shopping activity contributes to potential equity participation. Through its ShareBack™? program, WeShop allows members to turn planned electronics purchases into the opportunity for ownership in the platform itself. WeShop continues to expand access to ShareBack rewards across a broad range of retail categories in the U.S. and the U.K., including fashion, electronics, beauty, home goods and travel. Board Change • Nov 17
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). Finance Director & Director Johnny Hickling was the last director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 