New Risk • Apr 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 Risks High level of non-cash earnings (58% accrual ratio). Shareholders have been substantially diluted in the past year (126% increase in shares outstanding). Revenue is less than US$1m (US$471k revenue). Market cap is less than US$10m (UK£4.50m market cap, or US$6.09m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (8.4% average weekly change). New Risk • Feb 26
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 British stocks, typically moving 7.4% 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 High level of non-cash earnings (58% accrual ratio). Shareholders have been substantially diluted in the past year (123% increase in shares outstanding). Revenue is less than US$1m (US$471k revenue). Market cap is less than US$10m (UK£3.92m market cap, or US$5.29m). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). New Risk • Sep 03
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 British stocks, typically moving 14% 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 (14% average weekly change). Negative equity (-US$28m). Earnings have declined by 6.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 27x increase in shares outstanding). Revenue is less than US$1m (US$297k revenue). Market cap is less than US$10m (UK£4.12m market cap, or US$5.54m). Aankondiging • Aug 12
Coro Energy plc has completed a Follow-on Equity Offering in the amount of £0.032415 million. Coro Energy plc has completed a Follow-on Equity Offering in the amount of £0.032415 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,483,038
Price\Range: £0.005
Transaction Features: Regulation S Aankondiging • Jul 28
Coro Energy plc has completed a Follow-on Equity Offering in the amount of £1.645445 million. Coro Energy plc has completed a Follow-on Equity Offering in the amount of £1.645445 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 329,089,000
Price\Range: £0.005
Transaction Features: Regulation S; Subsequent Direct Listing Aankondiging • Jul 07
Coro Energy plc, Annual General Meeting, Jul 29, 2025 Coro Energy plc, Annual General Meeting, Jul 29, 2025. Location: the offices of fieldfisher llp, 9th floor, riverbank house, 2 swan lane, ec4r 3tt, london United Kingdom Reported Earnings • Jun 30
Full year 2024 earnings released: US$0.007 loss per share (vs US$0.19 loss in FY 2023) Full year 2024 results: US$0.007 loss per share. Net loss: US$21.3m (loss widened 325% from FY 2023). New Risk • Apr 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 Risks Negative equity (-US$8.4m). Shareholders have been substantially diluted in the past year (over 15x increase in shares outstanding). Revenue is less than US$1m (US$255k revenue). Market cap is less than US$10m (UK£4.33m market cap, or US$5.75m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (8.4% average weekly change). New Risk • Mar 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 15x increase in shares outstanding. 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 (16% average weekly change). Negative equity (-US$8.4m). Shareholders have been substantially diluted in the past year (over 15x increase in shares outstanding). Revenue is less than US$1m (US$255k revenue). Market cap is less than US$10m (UK£7.45m market cap, or US$9.59m). Aankondiging • Feb 06
Coro Energy plc has completed a Follow-on Equity Offering in the amount of £2.100009 million. Coro Energy plc has completed a Follow-on Equity Offering in the amount of £2.100009 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 140,000,616
Price\Range: £0.015 Aankondiging • Feb 05
Coro Energy plc has completed a Follow-on Equity Offering in the amount of £0.126009 million. Coro Energy plc has completed a Follow-on Equity Offering in the amount of £0.126009 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,400,616
Price\Range: £0.015
Transaction Features: Regulation S New Risk • Sep 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (UK£1.58m market cap, or US$2.08m). Reported Earnings • Sep 11
Full year 2023 earnings released: US$0.002 loss per share (vs US$0.004 loss in FY 2022) Full year 2023 results: US$0.002 loss per share (improved from US$0.004 loss in FY 2022). Net loss: US$5.02m (loss narrowed 38% from FY 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Aankondiging • Jul 03
Coro Energy plc Announces Appointment of Harry Beamish as Independent Non-Executive Director Coro Energy plc announced that Harry Beamish has been appointed as Independent Non-Executive Director of the Company with immediate effect. Harry has significant expertise in the energy and renewables sectors with over a decade specialising in emerging markets.Harry has developed, advised and structured multiple renewable energy transactions across Hydro, Solar, Wind, and Energy Efficiency and advises companies within the Energy Transition space. Harry is the co-founder and Partner of Becquerel Capital, the development and structuring boutique focused on sustainable power infrastructure, with significant experience in Emerging Markets. Previously, Harry worked at Temporis Capital LLP, the impact investment manager specialising in renewable energy and clean technology. Prior to Temporis Capital, Harry worked within the origination team at CarbonDesk Limited, the Independent Emission Brokerage, between 2009 and 2011. Harry holds a master's degree in International Business and Finance from ESCP-EAP European School of Management. In addition to his appointment to the Coro Energy Board, Harry David De Courcy Beamish, aged 40, holds or has held the following directorships or partnerships in the past five years. Current: Becquerel Partners Limited. Becquerel Global Partners Limited. Becquerel Capital Sociedad Anónima Promotora De Inversión De Capital Variable Olympus Solar VI Ltd. Previous: Landmark Technology International Limited. Landmark Energy Systems Limited. Aankondiging • Apr 27
James Parsons No Longer Director of Coro Energy plc Coro Energy plc announced that the re-election of James Parsons as a Director of the Company, was not passed at the AGM. Accordingly Mr. Parsons is no longer a director of the Company. New Risk • Apr 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$9.4m). Revenue is less than US$1m (US$167k revenue). Market cap is less than US$10m (UK£4.79m market cap, or US$5.97m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (12% increase in shares outstanding). New Risk • Feb 23
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 British stocks, typically moving 11% 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 Less than 1 year of cash runway based on free cash flow trend (-US$2.9m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-US$9.4m). Revenue is less than US$1m (US$167k revenue). Market cap is less than US$10m (UK£5.59m market cap, or US$7.08m). Minor Risk Shareholders have been diluted in the past year (12% increase in shares outstanding). Board Change • Feb 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Tom Richardson 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. Board Change • Feb 21
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Tom Richardson 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. Board Change • Feb 21
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Tom Richardson 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 • Feb 19
Coro Energy plc Announces Executive Changes tCoro Energy plc announced Stephen Birrell and Naheed Menon, both Non-Executive Directors of the Company, have agreed to step down as directors of the Company by mutual consent with immediate effect. Mr. Birrell has taken on a full-time executive role subsequent to his appointment as a Director in 2022, which he needs to devote his energy to, whilst Ms. Menon will continue to support the Company's business development efforts as a consultant. Aankondiging • Nov 26
Coro Energy plc (AIM:CORO) entered into an agreement to acquire additional 7.5% stake in Coro Renewables Vietnam from Vinh Phuc Electrical Mechanical Installation Co Ltd for £0.28 million. Coro Energy plc (AIM:CORO) entered into an agreement to acquire additional 7.5% stake in Coro Renewables Vietnam from Vinh Phuc Electrical Mechanical Installation Co Ltd for £0.28 million on November 23, 2023. Under the terms, Coro Energy will pay $0.1 million (£0.08 million) in cash, £0.15 million in shares and a further contingent consideration of £0.05 million. Adrian Hadden and Ben Jeynes of Cavendish Capital Markets Limited and Jon Fitzpatrick and Doug Rycroft of Gneiss Energy Limited acted as financial advisors for Coro Energy. Aankondiging • Nov 09
Zodiac Energy Plc acquired Apennine Energy S.p.A from Coro Energy plc (AIM:CORO). Zodiac Energy Plc signed a Sale and Purchase Agreement to acquire Apennine Energy S.p.A from Coro Energy plc (AIM:CORO) for €7.5 million on March 26, 2023. The total consideration of €7.5 million includes contingent payments of up to an aggregate of €1.5 million. An initial cash payment of €1.5M will be made by Zodiac within 7 business days of signing the SPA. On Completion, Zodiac shall make a further payment of €2.2 million to Coro. As soon as practicable following Completion, Zodiac shall make a further payment of €2 million.The Disposal will be subject to a standard completion accounts mechanism and, if required, adjusted in accordance with the valuation provided in the final completion accounts which assumes Coro Europe and Apennine will be sold on a cash-free, debt-free basis. The transaction will be subject to Coro's shareholder approval. The transaction is subjected to regulatory approvals required by the Italian Ministry of Environment and of Energy Security. The SPA will terminate if the Conditions are not fulfilled by the Long Stop Date, or such other date as Zodiac and the Seller may agree. Adrian Hadden and Ben Jeynes of Cenkos Securities plc acted as nominated financial advisor to Coro. Jon Fitzpatrick and Doug Rycroft of Gneiss Energy Limited acted as a financial advisor to Coro.
Zodiac Energy Plc completed the acquisition of Apennine Energy S.p.A from Coro Energy plc (AIM:CORO) on November 8, 2023. The regulatory approval has received. Aankondiging • Jul 22
Coro Energy plc Appoints Tom Richardson as Non-Executive Director Coro Energy Plc announced that Tom Richardson will join the Boardas an Independent Non-Executive Director with immediate effect. Tom is an experienced oil and gas professional and is currently Chairman of Fenikso Limited. Tom Richardson holds no Ordinary Shares in the Company. New Risk • Jun 09
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 British stocks, typically moving 12% 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 Less than 1 year of cash runway based on free cash flow trend (-US$2.8m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-US$7.3m). Revenue is less than US$1m (US$51k revenue). Market cap is less than US$10m (UK£6.50m market cap, or US$8.16m). Minor Risk Shareholders have been diluted in the past year (33% increase in shares outstanding). Aankondiging • May 26
Coro Energy plc, Annual General Meeting, Jun 20, 2023 Coro Energy plc, Annual General Meeting, Jun 20, 2023, at 12:00 Coordinated Universal Time. Location: Pinsent Masons LLP, 30 Crown Place, Earl Street London EC2A 4ES London United Kingdom Reported Earnings • May 22
Full year 2022 earnings released: US$0.004 loss per share (vs US$0.003 loss in FY 2021) Full year 2022 results: US$0.004 loss per share (further deteriorated from US$0.003 loss in FY 2021). Net loss: US$8.12m (loss widened 25% from FY 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Aankondiging • Jan 28
Coro Energy plc Announces Philippines Renewables Restructuring Coro Energy plc announced that, in anticipation of and in preparation for achieving Ready to Build status in the company's two 100MW Philippines renewables projects, the Company has restructured its arrangements with its partners in country, increasing its dividend entitlement. The company has two development stage renewables projects in the Philippines, a 100MW solar project and a 100MW wind project which, allowing for permitting timelines, are 6 and 15 months respectively, away from achieving ready-to-build status. As announced on 16 January 2023, the Company is currently preparing its re-submission of a Wind Service Energy Contract which it expects to complete shortly. The company currently has an entitlement to 80% of the future dividends from the Philippines projects which has been increased to 88% under the restructuring agreement. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Stephen Birrell was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Stephen Birrell was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 