Board Change • Jun 29
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jun 09
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 29
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 23
Advent-AWI Holdings Inc., Annual General Meeting, Jun 29, 2026 Advent-AWI Holdings Inc., Annual General Meeting, Jun 29, 2026. Location: british columbia, vancouver Canada Reported Earnings • Apr 17
Full year 2025 earnings released: EPS: CA$0.001 (vs CA$0.021 in FY 2024) Full year 2025 results: EPS: CA$0.001 (down from CA$0.021 in FY 2024). Revenue: CA$5.78m (up 5.3% from FY 2024). Net income: CA$6.5k (down 97% from FY 2024). Profit margin: 0.1% (down from 4.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Board Change • Apr 14
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 19
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: CA$0.005 (vs CA$0.003 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.005 (up from CA$0.003 in 2Q 2024). Revenue: CA$1.32m (up 8.0% from 2Q 2024). Net income: CA$63.0k (up 66% from 2Q 2024). Profit margin: 4.8% (up from 3.1% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Aug 26
Now 31% undervalued The stock has been flat over the last 90 days, currently trading at CA$0.55. The fair value is estimated to be CA$0.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 36%. Buy Or Sell Opportunity • Aug 08
Now 39% undervalued The stock has been flat over the last 90 days, currently trading at CA$0.50. The fair value is estimated to be CA$0.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 36%. Upcoming Dividend • Aug 01
Upcoming dividend of CA$0.13 per share Eligible shareholders must have bought the stock before 07 August 2025. Payment date: 21 August 2025. Trailing yield: 14%. Within top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (2.8%). Board Change • Jul 30
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jun 25
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 10
Advent-AWI Holdings Inc., Annual General Meeting, Jun 25, 2025 Advent-AWI Holdings Inc., Annual General Meeting, Jun 25, 2025. Location: british columbia, vancouver Canada Board Change • Feb 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 14
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 30
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CA$0.003 (vs CA$0 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.003 (up from CA$0 in 2Q 2023). Revenue: CA$1.22m (up 8.5% from 2Q 2023). Net income: CA$38.1k (up CA$35.8k from 2Q 2023). Profit margin: 3.1% (up from 0.2% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 17
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 24 July 2024. Payment date: 07 August 2024. Trailing yield: 7.0%. Within top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (3.1%). Board Change • Jun 21
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 13
Advent-AWI Holdings Inc., Annual General Meeting, Jun 24, 2024 Advent-AWI Holdings Inc., Annual General Meeting, Jun 24, 2024. Board Change • Mar 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 07
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 11
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 26
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 10
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 25
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 10
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 25
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jul 14
Advent-Awi Holdings Inc. Approves Special Dividend, to Be Paid on August 10, 2023 Advent-AWI Holdings Inc. announced that its the board of directors of the Company has approved a special dividend of $0.05 per common share to be paid on August 10, 2023, to all shareholders of record as at the close of business on July 27, 2023. New Risk • Jun 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.4% Last year net profit margin: 8.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 35% per year over the past 5 years. High level of non-cash earnings (33% accrual ratio). Market cap is less than US$10m (CA$8.71m market cap, or US$6.51m). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.4% net profit margin). Revenue is less than US$5m (CA$5.8m revenue, or US$4.3m). Reported Earnings • Jun 01
First quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.032 loss in 1Q 2022) First quarter 2023 results: CA$0.002 loss per share (improved from CA$0.032 loss in 1Q 2022). Revenue: CA$1.20m (up 34% from 1Q 2022). Net loss: CA$18.0k (loss narrowed 95% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Board Change • May 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 14
Full year 2022 earnings released: CA$0.078 loss per share (vs CA$0.06 loss in FY 2021) Full year 2022 results: CA$0.078 loss per share. Revenue: CA$5.48m (down 2.5% from FY 2021). Net income: CA$274.3k (up CA$993.8k from FY 2021). Profit margin: 5.0% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Board Change • Apr 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 21
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 21
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 14
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CA$0.013 loss per share (vs CA$0.012 loss in 2Q 2021) Second quarter 2022 results: CA$0.013 loss per share (down from CA$0.012 loss in 2Q 2021). Revenue: CA$1.11m (up 18% from 2Q 2021). Net loss: CA$159.2k (loss widened 8.3% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Board Change • Aug 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 02
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Jul 14
Upcoming dividend of CA$0.05 per share Eligible shareholders must have bought the stock before 21 July 2022. Payment date: 05 August 2022. Trailing yield: 5.9%. Within top quartile of Canadian dividend payers (5.5%). Higher than average of industry peers (4.0%). Announcement • Jul 09
Advent-AWI Holdings Inc. Approves Special Dividend, Payable on August 5, 2022 Advent-AWI Holdings Inc. the board of directors of the Company has approved a special dividend of $0.05 per common share to be paid on August 5, 2022, to all shareholders of record as at the close of business on July 22, 2022. Board Change • Jul 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jun 01
First quarter 2022 earnings released: CA$0.032 loss per share (vs CA$0.012 loss in 1Q 2021) First quarter 2022 results: CA$0.032 loss per share (down from CA$0.012 loss in 1Q 2021). Revenue: CA$895.3k (down 10.0% from 1Q 2021). Net loss: CA$376.0k (loss widened 157% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Board Change • May 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 23
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 14
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 23
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Dec 01
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: CA$0.001 (up from CA$0.004 loss in 3Q 2020). Revenue: CA$1.51m (up 24% from 3Q 2020). Net income: CA$7.4k (up CA$59.6k from 3Q 2020). Profit margin: 0.5% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Board Change • Dec 01
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 22
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 02
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Ken Vong was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • May 29
Advent-AWI Holdings Inc. Approves Special Dividend, Payable on June 24, 2021 Advent-AWI Holdings Inc. announced that in recognition of the Company's strong financial position, the board of directors of the Company has approved a special dividend of $0.05 per common share to be paid on June 24, 2021, to all shareholders of record as at the close of business on June 10, 2021. Reported Earnings • May 29
First quarter 2021 earnings released: CA$0.012 loss per share (vs CA$0.088 profit in 1Q 2020) The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CA$994.4k (up 4.7% from 1Q 2020). Net loss: CA$146.1k (down 114% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Apr 30
Full year 2020 earnings released: EPS CA$0.069 (vs CA$0.069 in FY 2019) The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: CA$4.15m (down 34% from FY 2019). Net income: CA$827.9k (flat on FY 2019). Profit margin: 20% (up from 13% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improved over the past week After last week's 18% share price gain to CA$1.20, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 14x in the Specialty Retail industry in Canada. Total returns to shareholders of 43% over the past three years. Reported Earnings • Nov 28
Third quarter 2020 earnings released: CA$0.003 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: CA$1.21m (down 30% from 3Q 2019). Net loss: CA$52.2k (down 127% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.