Announcement • Nov 21
EF EnergyFunders Ventures, Inc. Announces Resignation of Garrett Glass as Director EF EnergyFunders Ventures, Inc. announced that Garrett Glass has resigned as Director of the Corporation. EnergyFunders would like to thank Mr. Glass for his dedication and service to the Corporation. Board Change • Jul 16
No independent directors There are 3 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: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Garrett Glass is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Apr 15
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 Director Paul Sewell was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 20
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 Director Paul Sewell was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 14
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 Director Paul Sewell was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 04
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 Director Paul Sewell was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 01
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: US$197.1k (down 51% from 3Q 2022). Net loss: US$88.1k (loss narrowed 80% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Oct 18
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 Director Paul Sewell was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 01
EF Energyfunders Ventures, Inc. Announces Resignation of Piyush Prakash as Chief Technology Officer EF EnergyFunders Ventures, Inc. announced that Piyush Prakash has resigned as Chief Technology Officer of the Corporation. Announcement • May 30
EF EnergyFunders Ventures, Inc., Annual General Meeting, Aug 10, 2023 EF EnergyFunders Ventures, Inc., Annual General Meeting, Aug 10, 2023. Reported Earnings • May 05
Full year 2022 earnings released: US$0.003 loss per share (vs US$0.001 loss in FY 2021) Full year 2022 results: US$0.003 loss per share (further deteriorated from US$0.001 loss in FY 2021). Revenue: US$976.7k (up 14% from FY 2021). Net loss: US$1.79m (loss widened US$1.57m from FY 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Board Change • May 03
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. Corporate Secretary & Independent Director Paul Sewell was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 05
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. Corporate Secretary & Independent Director Paul Sewell was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 09
EF Energyfunders Ventures, Inc. Announces Resignation of Arnold Moreno as President and Chief Investment Officer EF EnergyFunders Ventures, Inc. announced that Arnold Moreno has resigned as President and Chief Investment Officer of the Corporation. Announcement • Jan 25
EF EnergyFunders Ventures, Inc. Announces Resignation of Tom Crain as Director of the Corporation EF EnergyFunders Ventures, Inc. announced that Tom Crain has resigned as a director of the Corporation. Announcement • Dec 03
EF EnergyFunders Ventures, Inc. Announces Resignation of Navneet Behl as Director EF EnergyFunders Ventures, Inc. announced that Navneet Behl has resigned as a director of the Corporation. EnergyFunders would like to thank Mr. Behl for his dedication and service to the Corporation. Reported Earnings • Dec 02
Third quarter 2022 earnings released: US$0.001 loss per share (vs US$0 in 3Q 2021) Third quarter 2022 results: US$0.001 loss per share (further deteriorated from US$0 in 3Q 2021). Revenue: US$402.9k (up 96% from 3Q 2021). Net loss: US$431.8k (loss widened 199% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 25% per year. 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. 5 non-independent directors. Corporate Secretary & Independent Director Paul Sewell was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 07
EnergyFunders Launches Yield Fund II, Building on the Success of Yield Fund I EnergyFunders announces the opening of a new fund, Yield Fund II, available to accredited investors. The company is building upon the recent success of Yield Fund I - its large fundraising effort to date. Yield Fund II will follow a similar structure to Yield Fund I, focusing primarily on accessing private market drilling and production opportunities, which can provide investors with potential hedges against inflation and stock market volatility. In addition, investing in oil and gas may potentially reduce investors' tax liabilities, an ever-important factor as investors turn their focus to year-end financials. Reported Earnings • Aug 30
Second quarter 2022 earnings released: US$0.001 loss per share (vs US$0 in 2Q 2021) Second quarter 2022 results: US$0.001 loss per share (down from US$0 in 2Q 2021). Revenue: US$335.7k (up 146% from 2Q 2021). Net loss: US$284.6k (loss widened 43% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • May 21
EF EnergyFunders Ventures, Inc. Director Changes EF EnergyFunders Ventures, Inc. announced that Laura Pommer Fidler, the Chief Executive Officer of the Corporation, has been appointed as a director of the Corporation. The company also announced that Christopher Pettit has resigned as a director of the Corporation. Reported Earnings • May 05
Full year 2021 earnings released: EPS: US$0 (vs US$0.039 loss in FY 2020) Full year 2021 results: EPS: US$0 (up from US$0.039 loss in FY 2020). Revenue: US$906.1k (up 275% from FY 2020). Net loss: US$220.4k (loss narrowed 98% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Corporate Secretary & Independent Director Paul Sewell was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Corporate Secretary & Independent Director Paul Sewell was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
