공지 • Jun 13
Michael Jialiang Wang Resigns as Director of Cootek (Cayman) Inc CooTek (Cayman) Inc. announced the resignation of Michael Jialiang Wang as a director of the company, effective June 11, 2024. 공지 • Jan 02
Cootek (Cayman) Inc. Announces Board Resignations CooTek (Cayman) Inc. announced the resignation (the “Resignation”) of Duane Ziping Kuang and Jim Jian Wang as directors, effective December 31, 2023. The Resignation was not due to any disagreement with the Company regarding its business, finance, accounting and/or any other affairs. 공지 • Dec 12
CooTek (Cayman) Inc. Appoints Karl Kan Zhang as Acting Chief Financial Officer CooTek (Cayman) Inc. announce the appointment of Mr. Karl Kan Zhang, chairman of the board of directors and chief technology officer of the Company, as the acting chief financial officer of the Company, effective December 11, 2023. 공지 • Jul 13
Cootek (Cayman) Inc. Announces Resignation of Junkai Lin as the Interim CFO CooTek (Cayman) Inc. announced the resignation of Mr. Junkai Lin as the interim CFO, effective July 12, 2023. Mr. Junkai Lin’s resignation does not involve any disagreement with the Company with regard to its business, finance, accounting or any other affairs. Board Change • Apr 27
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. 4 experienced directors. 4 highly experienced directors. 2 independent directors (6 non-independent directors). Director Glen Sun was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 18
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: US$0.21 loss per share (up from US$0.77 loss in FY 2020). Revenue: US$272.1m (down 38% from FY 2020). Net loss: US$13.9m (loss narrowed 71% from FY 2020). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 4.2%. Reported Earnings • Dec 10
Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint Third quarter 2021 results: US$0.007 loss per share (up from US$0.36 loss in 3Q 2020). Revenue: US$51.1m (down 52% from 3Q 2020). Net loss: US$444.0k (loss narrowed 98% from 3Q 2020). Revenue missed analyst estimates by 38%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 13 percentage points per year, which is a significant difference in performance. Recent Insider Transactions Derivative • Sep 18
Director notifies of intention to sell stock Jian Wang intends to sell 300k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of September. If the sale is conducted around the recent share price of US$1.61, it would amount to US$483k. Since March 2021, Jian has owned 2.31m shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Sep 09
Second quarter 2021 earnings released: EPS US$0.004 (vs US$0.051 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$83.2m (down 34% from 2Q 2020). Net income: US$264.0k (down 92% from 2Q 2020). Profit margin: 0.3% (down from 2.5% in 2Q 2020). The decrease in margin was driven by lower revenue. Executive Departure • Jun 17
Chief Growth Officer Jiang Zhu has left the company On the 11th of June, Jiang Zhu's tenure as Chief Growth Officer ended after 1.3 years in the role. We don't have any record of a personal shareholding under Jiang's name. Jiang is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Jun 04
First quarter 2021 earnings released: US$0.20 loss per share (vs US$0.16 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$81.6m (down 24% from 1Q 2020). Net loss: US$12.4m (loss widened 27% from 1Q 2020). Reported Earnings • Apr 29
Full year 2020 earnings released: US$0.77 loss per share (vs US$0.58 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: US$441.5m (up 148% from FY 2019). Net loss: US$47.4m (loss widened 29% from FY 2019). Recent Insider Transactions Derivative • Apr 05
CEO & Director notifies of intention to sell stock Jia Liang Wang intends to sell 126k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of April. If the sale is conducted around the recent share price of US$2.59, it would amount to US$326k. Since December 2020, Jia Liang has owned 3.71m shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Mar 26
Full year 2020 earnings released: US$0.77 loss per share (vs US$0.58 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: US$441.5m (up 148% from FY 2019). Net loss: US$47.4m (loss widened 29% from FY 2019). Is New 90 Day High Low • Feb 17
New 90-day high: US$6.78 The company is up 23% from its price of US$5.49 on 18 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 18% over the same period. Recent Insider Transactions Derivative • Jan 15
CEO & Director notifies of intention to sell stock Jia Liang Wang intends to sell roughly 112.00k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of January. If the sale is conducted around the recent share price of US$2.77, it would amount to US$310k. Since March 2020, Jia Liang has owned 4.23m shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Is New 90 Day High Low • Jan 05
New 90-day low: US$2.60 The company is down 47% from its price of US$4.89 on 07 October 2020. The American market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 8.0% over the same period. Recent Insider Transactions Derivative • Jan 02
Director notifies of intention to sell stock Jian Wang intends to sell roughly 29.00k shares in the next 90 days after lodging an Intent To Sell Form on the 28th of December. If the sale is conducted around the recent share price of US$2.65, it would amount to US$77k. Since March 2020, Jian has owned 2.56m shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Recent Insider Transactions Derivative • Dec 22
Director notifies of intention to sell stock Jian Wang intends to sell roughly 50.00k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of December. If the sale is conducted around the recent share price of US$3.30, it would amount to US$165k. Since March 2020, Jian has owned 2.56m shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Dec 16
Third quarter 2020 earnings released: US$0.36 loss per share The company reported a solid third quarter result with improved revenues and control over expenses, though losses increased. Third quarter 2020 results: Revenue: US$105.7m (up 238% from 3Q 2019). Net loss: US$22.0m (loss widened 35% from 3Q 2019). Is New 90 Day High Low • Dec 15
New 90-day high: US$6.33 The company is up 23% from its price of US$5.13 on 15 September 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 7.0% over the same period. Is New 90 Day High Low • Oct 22
New 90-day low: US$4.37 The company is down 36% from its price of US$6.79 on 24 July 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$12.60 per share. Is New 90 Day High Low • Oct 01
New 90-day low: US$4.87 The company is down 30% from its price of US$7.00 on 02 July 2020. The American market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$12.92 per share.