New Risk • Jul 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 63% 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 Share price has been highly volatile over the past 3 months (48% average weekly change). Earnings have declined by 68% per year over the past 5 years. Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€18.2m market cap, or US$20.8m). Aankondiging • Jun 19
Frontier IP Group Plc has completed a Follow-on Equity Offering in the amount of £0.4 million. Frontier IP Group Plc has completed a Follow-on Equity Offering in the amount of £0.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,333,333
Price\Range: £0.12
Transaction Features: Rights Offering Board Change • May 21
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. 3 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Nigel Grierson was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 09
Frontier IP Group Plc, Annual General Meeting, Dec 31, 2025 Frontier IP Group Plc, Annual General Meeting, Dec 31, 2025. Location: the offices of addleshaw goddard llp, exchange tower, 19 canning street, eh3 9eh, edinburgh United Kingdom Aankondiging • Sep 27
Matthew White Decides to Leave as Chief Commercialisation Officer of Frontier IP Group Plc, Effective March 24, 2026 Frontier IP Group Plc announced that Matthew White (Chief Commercialisation Officer) has decided to leave the Group to pursue an opportunity as Chief Executive Officer of a Cambridge based early-stage medical devices company. It is currently intended that Mr. White will remain with the Company as Chief Commercialisation Officer and an Executive Director of the Company until the end of his six month notice period on 24 March 2026. Aankondiging • Nov 26
Frontier IP Group Plc has completed a Follow-on Equity Offering in the amount of £0.47132 million. Frontier IP Group Plc has completed a Follow-on Equity Offering in the amount of £0.47132 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,683,286
Price\Range: £0.28 Aankondiging • Nov 24
Frontier IP Group Plc has filed a Follow-on Equity Offering in the amount of £1 million. Frontier IP Group Plc has filed a Follow-on Equity Offering in the amount of £1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,571,428
Price\Range: £0.28 New Risk • Sep 30
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 Risk Earnings have declined by 6.4% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Revenue is less than US$5m (UK£816k revenue, or US$1.1m). Market cap is less than US$100m (€22.5m market cap, or US$25.2m). Aankondiging • Apr 12
Frontier IP Group plc Announces CFO Changes, Effective from April 22, 2024 Frontier IP Group Plc announced the appointment of Jo Stent as Chief Financial Officer with effect from 22 April 2024. Jo is a chartered accountant, having qualified at Ernst & Young, and brings nearly 30 years' experience in senior financial roles across a broad range of sectors and geographies. Jo was most recently CFO at AIM quoted Argentex Group Plc, provider of bespoke currency risk management and payment solutions, from February 2021 to January 2024. She was previously Chief Financial Officer of the European Tour and Ryder Cup Europe. She is also a former CFO of Vodafone Americas and previously held senior positions at Telus Communications and Deloitte. Jo has spent most of her career in blue chip global organisations. More recently her keen interest in technology, innovation and scale up has led her to focus on working alongside founder led growth organizations as both an executive and non-executive director in the listed and private sector. With effect from 22 April 2024, Jim Fish, current Chief Financial Officer of the Group, will move to a new position within the Group as Portfolio Finance Director where he will continue to support the Group's portfolio companies. Reported Earnings • Mar 18
First half 2024 earnings released: EPS: UK£0.027 (vs UK£0.005 in 1H 2023) First half 2024 results: EPS: UK£0.027 (up from UK£0.005 in 1H 2023). Net income: UK£1.49m (up 453% from 1H 2023). New Risk • Mar 14
New major risk - Revenue and earnings growth Earnings have declined by 6.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 6.4% per year over the past 5 years. Minor Risks Revenue is less than US$5m (UK£816k revenue, or US$1.0m). Market cap is less than US$100m (€27.6m market cap, or US$30.1m). New Risk • Jan 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€26.6m market cap, or US$28.9m). Board Change • Jan 05
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Nigel Grierson was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Nov 29
Frontier Ip Group plc Announces resignation of Jim Fish as Chief Financial Officer Frontier IP Group Plc announced that Jim Fish has notified the Board of his intention to step down as Chief Financial Officer of the Group after 10 years of service. Jim, age 66, will remain as CFO and as a director of the Group through his six month notice period which will end no later than 31 May 2024. Jim will remain focused on running the Group's finance function and continue to support the Group during his six month notice period. Jim will also work to ensure the effective transition of his responsibilities to his successor with the intention that there will be an orderly handover period of three months. Following the appointment of a new Group CFO and the completion of the necessary handover period, Jim will take up a new position within the Group as Portfolio Finance Director where he will continue to support the portfolio companies and will report into the Group CEO. This change is in line with the Group's succession planning and the search for a new Group CFO has been initiated. A further announcement will be made in due course. Aankondiging • Nov 23
Frontier IP Group Plc, Annual General Meeting, Dec 15, 2023 Frontier IP Group Plc, Annual General Meeting, Dec 15, 2023, at 11:00 Coordinated Universal Time. Location: 93 George Street, Edinburgh, EH2 3ES United Kingdom United Kingdom Agenda: To receive the audited consolidated financial statements of the Company and its subsidiaries for the year ended 30 June 2023, together with the reports of the Directors and the Auditor thereon; to approve the report of the Board to the members on directors' remuneration for the year ended 30 June 2023; to consider Retirement and Re-appointment of Directors; to resolve not to fill the vacancy created by the retirement of Andrew Richmond as a Director and Chairman of the Company at the AGM, in accordance with the Articles of Association of the Company; to re-appoint BDO LLP as auditor of the Company to hold office until the conclusion of the next general meeting at which financial statements are laid before shareholders; to authorize the Directors to determine the auditor's remuneration; to consider Authority to allot shares; and to consider any other matters. Reported Earnings • Nov 02
Full year 2023 earnings released: UK£0.058 loss per share (vs UK£0.19 profit in FY 2022) Full year 2023 results: UK£0.058 loss per share (down from UK£0.19 profit in FY 2022). Net loss: UK£3.24m (down 132% from profit in FY 2022). Aankondiging • Oct 31
Frontier IP Group plc Announces Board Changes Frontier IP announced that Andrew Richmond, currently Non-Executive Chairman, will be stepping down from the board of Frontier IP having served on the board for more than 11 years. Andrew will remain on the board until the Company's next annual general meeting ("AGM"), expected to be held in December 2023, where he will not seek re-election as a director. Dame Julia King, Baroness Brown of Cambridge, who joined the Frontier IP board of directors in October 2021 and is currently the Senior Independent Director on the board, will assume the role of Chair with effect from the conclusion of the forthcoming AGM. Aankondiging • Oct 24
Frontier IP Group Plc (AIM:FIPP) acquired 32.8% stake in Deakin Bio-Hybrid Materials Limited. Frontier IP Group Plc (AIM:FIPP) acquired 32.8% stake in Deakin Bio-Hybrid Materials Limited on October 23, 2023. Nick Athanas and George Payne of Allenby Capital Limited acted as financial advisor to Frontier IP Group.
Frontier IP Group Plc (AIM:FIPP) completed the acquisition of 32.8% stake in Deakin Bio-Hybrid Materials Limited on October 23, 2023. New Risk • Oct 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 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Revenue is less than US$5m (UK£2.9m revenue, or US$3.6m). Market cap is less than US$100m (€34.7m market cap, or US$36.7m). 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 German stocks, typically moving 7.3% 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: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Revenue is less than US$5m (UK£2.9m revenue, or US$3.8m). Market cap is less than US$100m (€28.7m market cap, or US$32.1m). Reported Earnings • Mar 16
First half 2023 earnings released: EPS: UK£0.005 (vs UK£0.14 in 1H 2022) First half 2023 results: EPS: UK£0.005 (down from UK£0.14 in 1H 2022). Revenue: UK£910.0k (down 93% from 1H 2022). Net income: UK£269.0k (down 97% from 1H 2022). Profit margin: 30% (down from 66% in 1H 2022). The decrease in margin was driven by lower revenue. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Julia King 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. Aankondiging • Nov 11
Frontier IP Group Plc, Annual General Meeting, Dec 09, 2022 Frontier IP Group Plc, Annual General Meeting, Dec 09, 2022, at 11:00 Coordinated Universal Time. Location: 93 George Street, Edinburgh, EH2 3ES Edinburgh United Kingdom Reported Earnings • Oct 28
Full year 2022 earnings released: EPS: UK£0.19 (vs UK£0.17 in FY 2021) Full year 2022 results: EPS: UK£0.19 (up from UK£0.17 in FY 2021). Revenue: UK£14.1m (up 11% from FY 2021). Net income: UK£10.2m (up 6.9% from FY 2021). Profit margin: 73% (down from 76% in FY 2021). The decrease in margin was driven by higher expenses. Aankondiging • Aug 02
Frontier IP Group Plc Common Shares to Be Deleted from OTC Equity Frontier IP Group Plc Common Shares (United Kingdom) will be deleted from OTC Equity effective from August 02, 2022, due to CUSIP Suspended. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Julia King 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. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improved over the past week After last week's 16% share price gain to €1.03, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 14x in the Capital Markets industry in Germany. Board Change • Dec 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Julia King 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 • Oct 29
Full year 2021 earnings released: EPS UK£0.17 (vs UK£0.088 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£12.7m (up 99% from FY 2020). Net income: UK£9.57m (up 129% from FY 2020). Profit margin: 76% (up from 66% in FY 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 16% share price gain to €1.42, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 18x in the Capital Markets industry in Germany. Board Change • Oct 02
Less than half of directors are independent 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. 4 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Non-Executive & Independent Director Mike Bourne was the last independent 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.