Board Change • 12h
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Director Cheolsun Kang is the most experienced director on the board, commencing their role in 2024. Independent Director John Sinclair was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Apr 07
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Director Cheolsun Kang is the most experienced director on the board, commencing their role in 2024. Independent Director John Sinclair was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Mar 03
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Director Cheolsun Kang is the most experienced director on the board, commencing their role in 2024. Independent Director John Sinclair was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors. New Risk • Jan 04
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: -CA$753k 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 (-CA$753k free cash flow). Shares are highly illiquid. Revenue has declined by 77% over the past year. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m (CA$236k revenue, or US$172k). Market cap is less than US$10m (CA$1.75m market cap, or US$1.28m). Reported Earnings • Jan 01
First half 2026 earnings released: CA$0.048 loss per share (vs CA$0.42 loss in 1H 2025) First half 2026 results: CA$0.048 loss per share (improved from CA$0.42 loss in 1H 2025). Net loss: CA$424.6k (loss narrowed 88% from 1H 2025). Board Change • Nov 19
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Director Cheolsun Kang is the most experienced director on the board, commencing their role in 2024. Independent Director John Sinclair was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Oct 15
No independent directors There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). Non-Executive Director Cheolsun Kang is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. New Risk • Sep 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% 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. Revenue has declined by 78% over the past year. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m (CA$386k revenue, or US$277k). Market cap is less than US$10m (CA$3.50m market cap, or US$2.51m). Reported Earnings • Sep 27
First quarter 2026 earnings released: CA$0.006 loss per share (vs CA$0.006 profit in 1Q 2025) First quarter 2026 results: CA$0.006 loss per share (down from CA$0.006 profit in 1Q 2025). Net loss: CA$269.4k (down 213% from profit in 1Q 2025). Aankondiging • Sep 27
AGEDB Technology Ltd. announced that it has received CAD 0.8 million in funding On September 27, 2025, AGEDB Technology Ltd. closed the transaction. Aankondiging • Sep 23
AGEDB Technology Ltd., Annual General Meeting, Nov 17, 2025 AGEDB Technology Ltd., Annual General Meeting, Nov 17, 2025. Board Change • Sep 05
No independent directors There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). Non-Executive Director Cheolsun Kang is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Aug 11
No independent directors There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). Non-Executive Director Cheolsun Kang is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Jul 24
No independent directors There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). Non-Executive Director Cheolsun Kang is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Aankondiging • Jul 15
AGEDB Technology Ltd. Appoints John Sinclair as a Director AGEDB Technology Ltd. announced the appointment of John Sinclair as a Director of the Company. Mr. Sinclair is a Canadian CPA with experience in the field of finance, accounting, and the audit of public companies. With a career spanning several decades, he has served as Senior Partner with various audit firms including Smith, Nixon LLP, Collins Barrow Toronto LLP, and Baker Tilly WM LLP, including as Managing Partner of Baker Tilly WM LLP's Toronto office. During these tenures, Mr. Sinclair managed complex projects and provided financial advisory services to clients around the world. Mr. Sinclair graduated from the University of Toronto with a Bachelor of Arts, Commerce and Economics, in April 1983.Mr. Sinclair is a director of Lifeist Wellness Inc., a company listed on the TSX Venture Exchange, as well as DiagnosTear Technologies Inc., a company listed on the CSE. He serves as chair of the audit committee of both companies. Board Change • Jun 03
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Non-Executive Director Cheolsun Kang is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • May 20
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Non-Executive Director Cheolsun Kang is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Apr 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Rick Barnett was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Chris Cherry was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Chris Cherry was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Chris Cherry was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Chris Cherry was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Chris Cherry was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 13
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Chris Cherry was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Oct 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.8m (US$9.98m) 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 Less than 1 year of cash runway based on free cash flow trend (-CA$4.8m free cash flow). Shares are highly illiquid. Market cap is less than US$10m (CA$13.8m market cap, or US$9.98m). Minor Risks Less than 3 years of financial data is available. Revenue is less than US$5m (CA$3.5m revenue, or US$2.5m). Reported Earnings • Aug 30
Full year 2024 earnings released: CA$0.57 loss per share (vs CA$1.08 loss in FY 2023) Full year 2024 results: CA$0.57 loss per share. Revenue: CA$1.75m (down 44% from FY 2023). Net loss: CA$5.67m (loss widened 101% from FY 2023). Aankondiging • Jul 29
AGEDB Technology Ltd., Annual General Meeting, Sep 25, 2024 AGEDB Technology Ltd., Annual General Meeting, Sep 25, 2024. New Risk • Jun 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.1m (US$9.60m) 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 Less than 1 year of cash runway based on free cash flow trend (-CA$5.6m free cash flow). Share price has been highly volatile over the past 3 months (31% average weekly change). Market cap is less than US$10m (CA$13.1m market cap, or US$9.60m). Minor Risks Less than 3 years of financial data is available. Revenue is less than US$5m (CA$2.6m revenue, or US$1.9m). Board Change • Apr 19
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Chris Cherry was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.