Aankondiging • Jun 16
Peak Processing Limited Provides Production Guidance for the Fourth Quarter of 2026 Peak Processing Limited provided production guidance for the fourth quarter of 2026. Fourth Quarter FY26 production now expected to reach ~1.6 million beverage units, ahead of the original guidance of ~1.4 million units. Board Change • May 20
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Matt Adams is the most experienced director on the board, commencing their role in 2025. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • May 01
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Matt Adams is the most experienced director on the board, commencing their role in 2025. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Feb 02
Peak Processing Limited has completed a Follow-on Equity Offering in the amount of AUD 2.72 million. Peak Processing Limited has completed a Follow-on Equity Offering in the amount of AUD 2.72 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 150,000,000
Price\Range: AUD 0.017
Discount Per Security: AUD 0.00102
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: AUD 0.017
Discount Per Security: AUD 0.00102
Transaction Features: Subsequent Direct Listing Aankondiging • Jan 20
Peak Processing Limited Announces Cessation of Employment of Brian Mbesha as CFO, Effective January 20, 2026 Peak Processing Limited announced the immediate cessation of employment of its Canadian-based Chief Financial Officer (CFO), Mr. Brian Mbesha, as part of an internal restructure. This change forms part of a broader and ongoing cost optimisation program focused on strengthening financial discipline and supporting improved operational execution. Financial oversight, reporting, and controls will continue uninterrupted, led by the Company’s existing finance team, with additional interim part-time assistance from an experienced Australian-based external professional services firm accustomed to Australian reporting requirements to fulfil the CFO functions and ensure compliance and continuity during this transition period. Effective immediately on January 20, 2026. Board Change • Jan 01
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Matt Adams is the most experienced director on the board, commencing their role in 2025. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 01
Althea Group Holdings Limited, Annual General Meeting, Nov 27, 2025 Althea Group Holdings Limited, Annual General Meeting, Nov 27, 2025. Aankondiging • Sep 17
Althea Group Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 2.55 million. Althea Group Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 2.55 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 141,666,667
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.009 loss per share (vs AU$0.085 loss in FY 2024) Full year 2025 results: AU$0.009 loss per share (improved from AU$0.085 loss in FY 2024). Revenue: AU$15.5m (down 49% from FY 2024). Net loss: AU$4.84m (loss narrowed 85% from FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Aankondiging • Feb 19
Althea Group Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million. Althea Group Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 119,000,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 6,000,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Transaction Features: Subsequent Direct Listing Aankondiging • Feb 17
Althea Group Holdings Limited Appoints Matt Adams as Non-Executive Director Althea Group Holdings Limited announced the appointment of Mr. Matt Adams as a Non-Executive Director, effective 17 February 2025. Mr. Adams is an experienced finance professional with over 25 years of executive-level experience across corporate finance, restructuring, and turnaround sectors. He has held senior leadership positions, including CEO, CFO, and CRO roles for both listed and unlisted entities. He is currently the Managing Director of Dynamic Corporate Investments, a boutique corporate finance firm specialising in restructuring, corporate advisory, and investment. Mr. Adams' extensive background in financial structuring, governance, and risk management will provide valuable strategic insights to AGH as the Company continues to execute its growth initiatives. Aankondiging • Jan 31
Althea Group Holdings Limited Announces Penelope Dobson Intention to Retire as Director Althea Group Holdings Limited announced that Penelope Dobson has advised her intention to retire as director at the annual general meeting to be held on January 31, 2025. Aankondiging • Dec 30
Althea Group Holdings Limited, Annual General Meeting, Jan 31, 2025 Althea Group Holdings Limited, Annual General Meeting, Jan 31, 2025. Aankondiging • Oct 30
Montu Group UK Ltd completed the acquisition of MyAccess Clinics business in the UK and Ireland of Althea Group Holdings Limited from Althea Group Holdings Limited (ASX:AGH). Montu Group UK Ltd agreed to acquire MyAccess Clinics business in the UK and Ireland of Althea Group Holdings Limited from Althea Group Holdings Limited (ASX:AGH) for AUD 1 million on October 17, 2024.
The completion is subject to the following conditions precedent: Transfer of patient information; Execution of an IP Assignment Deed for the assignment of intellectual property rights o Provision and verification of data relating to patient numbers; Completion will occur 5 business days from the date on which the above conditions have been satisfied (or waived by Montu UK); and The Asset Sale Deed otherwise contains terms customary for a transaction of this nature, including in relation to representations and warranties and and is expected to complete in the coming weeks.
Montu Group UK Ltd completed the acquisition of MyAccess Clinics business in the UK and Ireland of Althea Group Holdings Limited from Althea Group Holdings Limited (ASX:AGH) on October 29, 2024. Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.085 loss per share (vs AU$0.039 loss in FY 2023) Full year 2024 results: AU$0.085 loss per share (further deteriorated from AU$0.039 loss in FY 2023). Revenue: AU$30.4m (up 21% from FY 2023). Net loss: AU$32.1m (loss widened 134% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 58% per year, which means it is performing significantly worse than earnings. Aankondiging • Aug 21
Althea Group Holdings Limited Announces Board Changes 19 August 2024: Althea Group Holdings Limited announced that Mr. Andrew Newbold will step down from his position as Non- Executive Director and Chairman of the Board on 29 August 2024, following a scheduled board meeting. Mr. Vaughan Webber will then assume the role of Chairman, effective immediately on conclusion of this meeting. Mr. Newbold has served as Non-Executive Director and Chairman since September 2018, providing exemplary leadership and guidance during a period of significant growth and transformation for AGH. The Board extend its sincere thanks to Mr. Newbold for his dedication, strategic vision, and commitment to the Company. We wish him all the best in his future endeavours. The Board announced the appointment of Mr. Vaughan Webber as the new Non-Executive Director and Chairman of Althea Group Holdings Ltd, effective immediately upon Mr. Newbold's resignation on 29 August 2024. Mr. Webber is a seasoned company director and finance executive with over 20 years of experience, possessing an in-depth understanding of ASX-listed company operations and governance. His career highlights include: Non-Executive Director, HUB24 Ltd. (2012-2018): Joined during a board restructure to help recapitalise the business, divest non-performing divisions, and support the CEO and management team in developing a robust strategy. Independent Chairman, Wentworth Holdings Ltd. (2009-2013): Oversaw the company's restructuring, the sale of its primary business operations, and the subsequent acquisition by Thorney Opportunities Ltd. Aankondiging • Jul 17
Althea Group Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 2.026662 million. Althea Group Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 2.026662 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 101,333,100
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Transaction Features: Subsequent Direct Listing New Risk • Jul 10
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 Australian stocks, typically moving 13% 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 (-AU$4.2m free cash flow). Earnings have declined by 10% per year over the past 5 years. Market cap is less than US$10m (AU$11.9m market cap, or US$8.02m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (7.6% increase in shares outstanding). New Risk • May 29
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 Australian stocks, typically moving 13% 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 (-AU$4.2m free cash flow). Earnings have declined by 10% per year over the past 5 years. Market cap is less than US$10m (AU$11.5m market cap, or US$7.64m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (9.7% increase in shares outstanding). Aankondiging • Jan 05
Althea Group Holdings Limited, Annual General Meeting, Jan 30, 2024 Althea Group Holdings Limited, Annual General Meeting, Jan 30, 2024, at 17:00 AUS Eastern Standard Time. Agenda: To receive the financial statements, Directors's report and auditor's report for the Company for the financial year ended 30 June 2023; to consider the Remuneration Report; to consider the Additional 10% Placement Capacity; to consider the Re-election of Directors; to consider Short Term Incentive - Grant of Performance Rights to Joshua Fegan; to consider the Long Term Incentive - Grant of Performance Rights to Joshua Fegan; and to consider any other business that may be lawfully brought forward. New Risk • Sep 01
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: -AU$7.8m 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 (-AU$7.8m free cash flow). Earnings have declined by 16% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (AU$15.9m market cap, or US$10.3m). New Risk • Aug 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Risk Earnings have declined by 19% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (AU$16.3m market cap, or US$10.5m). Aankondiging • Jul 24
Althea Group Holdings Limited Announces Approval for Althea CBD12:THC10 for Reimbursement in Ireland Althea Group Holdings Limited announced that Ireland's Primary Care Reimbursement Service (`PCRS') has approved Althea CBD12:THC10 for reimbursement in Ireland. In a follow up to the Company's ASX announcement on 20 May 2022, Althea CBD12:THC10 has now been added to the PCRS in the Republic of Ireland, making it free of charge for Irish patients. The Rapid Review Submission for Althea CBD12:THC10 cannabis oil (50 ml), as included in Schedule 1 of the Misuse of Drugs (Prescription and Control of Supply of Cannabis for Medical Use) (Amendment) Regulations 2023, has resulted in the assignment of administrative codes to facilitate access to the product in line with the Misuse of Drugs (Prescription and Control of Supply of Cannabis for Medical Use) Regulations 2019 (as amended) for the specified therapeutic indications below, with an effective date of 1st August 2023: Spasticity associated with multiple sclerosis resistant to all standard therapies and interventions; Intractable nausea and vomiting associated with chemotherapy, despite the use of standard anti-emetic regimes. The agreed reimbursement price for Althea CBD12:THC10 (50ml) is 327.89, or approximately AUD 540. Multiple sclerosis (MS) is a complex inflammatory disease of the central nervous system (CNS). The onset of the disease is typically between 20 to 40 years of age, and up to 9,000 people live with this chronic condition in Ireland. Approximately 70% to 80% of adults with cancer experience chemotherapy-induced nausea and vomiting (CINV). CINV remains one of the most distressing symptoms associated with cancer therapy and is associated with decreased adherence to chemotherapy. New Risk • Jul 01
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 Australian stocks, typically moving 12% 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 Risk Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (AU$16.4m market cap, or US$10.9m). Aankondiging • Feb 03
Althea Group Holdings Limited announced that it has received AUD 2.2 million in funding from Obsidian Global Partners, LLC Althea Group Holdings Limited announced that it has issued unsecured convertible notes for gross proceeds of AUD 2,200,000 on February 3, 2023. The transaction included participation from institutional investor Obsidian Global Partners, LLC. The notes are convertible at a conversion price of $1.5 (AUD 2.1153) into 54,206,846 common shares of the company. The company will pay no interest on the notes. The investor may in its discretion elect to convert one or more convertible securities at the relevant conversion price by providing the company notice, provided that, where an issue of shares would result in the voting power in the company of the investor or any other person exceeding 19.99%.The notes will mature twelve months from the date which is five business days from the date of execution of the relevant agreement. The company also issued 4,800,000 options with an an exercise price equal to 200% of the 5 actual trading days immediately prior to mutual execution of the relevant agreement. The company will pay fee of 6% of the purchase price and AUD 15,000 upfront as legal cost of the transaction. Board Change • Nov 16
Insufficient new 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. Non-Executive Director Jakob Ripshtein was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
Full year 2022 earnings released: AU$0.04 loss per share (vs AU$0.061 loss in FY 2021) Full year 2022 results: AU$0.04 loss per share (up from AU$0.061 loss in FY 2021). Revenue: AU$20.5m (up 78% from FY 2021). Net loss: AU$12.1m (loss narrowed 19% from FY 2021). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new 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. Non-Executive Director Jakob Ripshtein was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 02
Insufficient new 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. Non-Executive Director Jakob Ripshtein was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Breakeven Date Change • Nov 24
No longer forecast to breakeven The analyst covering Althea Group Holdings no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$5.00m in 2023. New forecast suggests the company will make a loss of AU$100.0k in 2023. Reported Earnings • Sep 02
Full year 2021 earnings released: AU$0.06 loss per share (vs AU$0.064 loss in FY 2020) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: AU$11.5m (up 128% from FY 2020). Net loss: AU$15.0m (loss widened 1.9% from FY 2020). Reported Earnings • Mar 02
First half 2021 earnings released: AU$0.035 loss per share (vs AU$0.037 loss in 1H 2020) The company reported a solid first half result with improved revenues and control over costs, although losses were not reduced. First half 2021 results: Revenue: AU$5.10m (up 175% from 1H 2020). Net loss: AU$8.27m (flat on 1H 2020). Is New 90 Day High Low • Feb 11
New 90-day high: AU$0.57 The company is up 30% from its price of AU$0.44 on 13 November 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Pharmaceuticals industry, which is up 33% over the same period.