New Risk • Jun 11
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 9.2% 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 Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$100m (€75.1m market cap, or US$86.9m). Reported Earnings • Jun 04
Full year 2025 earnings released: UK£0.06 loss per share (vs UK£0.054 loss in FY 2024) Full year 2025 results: UK£0.06 loss per share (further deteriorated from UK£0.054 loss in FY 2024). Revenue: UK£8.00m (down 9.7% from FY 2024). Net loss: UK£3.90m (loss widened 57% from FY 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Peter Whiting was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 28
Aurrigo International plc Appoints Mark Gower as Director, Global Airport Operations Aurrigo International plc announced the appointment of Mark Gower as Director, Global Airport Operations (non-board position). This newly created role supports Aurrigo's next phase of growth as it moves from proof-of-concept trials to scaled, repeatable commercial deployments of its autonomous vehicle solutions at airports. With multiple deployments already live, the Company is strengthening end-to-end delivery and building a more standardised global operating model. Mark brings more than 25 years' experience leading safety-critical aviation operations. Most recently, he was Managing Director of Gatwick Ground Services (a wholly owned subsidiary of British Airways), where he grew the business from 340 to more than 1,200 employees at one of the UK's busiest airports. Prior to this, Mark held senior leadership roles at Aviator Airport Alliance, where he was responsible for approximately 8,000 employees across five UK locations. He has extensive experience working in regulated environments and managing complex, large-scale operations, including full profit and loss accountability. Announcement • Feb 11
Aurrigo International plc Provides Earnings Guidance for the Full Year Ended 31 December 2025 Aurrigo International plc provided earnings guidance for the full year ended 31 December 2025. For the full year, the Board expects to report revenue of approximately £8.0 million (2024: £8.9 million), ahead of rebased expectations, underlining a good performance across both Group divisions despite a volatile macroeconomic backdrop. Announcement • Sep 18
Aurrigo International plc to Report First Half, 2025 Results on Sep 29, 2025 Aurrigo International plc announced that they will report first half, 2025 results on Sep 29, 2025 Announcement • Aug 18
Aurrigo International plc Announces New Project with Kanata North Business Association and in Collaboration with Area X.O Aurrigo International plc announced a new project with Kanata North Business Association ("KNBA") and in collaboration with Area X.O, operated by Invest Ottawa, and several project partners, to deploy Canada's first all-season, medium-speed autonomous shuttle trial in Kanata North Technology Park, Canada's technology park. The nine-seat Auto-Shuttle has been engineered to operate in challenging Canadian conditions. With a total contract value of CAD 1 million, the Auto-Shuttle will be delivered in second quarter of 2025 and, following a period of rigorous testing at Area X.O, Canada's all-weather R&D complex for next-gen technologies, the vehicle is due to begin service on public roads in fourth quarter of 2025, operating in mixed traffic at medium speeds. This real-world Canadian testing environment provides valuable insights that will support the advancement of Aurrigo's autonomous airport shuttle solutions, which require reliable performance across diverse weather and operational conditions. Lessons learned from Ottawa's four-season shuttle trial will directly inform the refinement and deployment of Aurrigo's vehicles in airport settings worldwide, where safety, inclusivity, and adaptability to complex environments are critical. Announcement • Aug 13
Aurrigo International plc Provides Revenue Guidance for the Second Half and Full Year Ending 31 December 2025 Aurrigo International plc provided revenue guidance for the second half and full year ending 31 December 2025. Second half revenues expected to be in line with H1 revenues.
Company now expect revenue for the full year to fall significantly below current market expectations. Announcement • Jun 19
Aurrigo International plc Announces Peter Whiting's Intention Not to Stand for Re-Election Aurrigo International PLC announced that Peter Whiting, Independent Non-Executive Director, has informed the Board of his intention not to stand for re-election at the 2026 AGM. He will continue to serve as a director over the coming year, including offering himself for re-election at the 2025 AGM, to support effective succession planning and Board continuity. Announcement • May 19
Aurrigo International plc, Annual General Meeting, Jun 19, 2025 Aurrigo International plc, Annual General Meeting, Jun 19, 2025. Location: aurrigos offices at unit 33, bilton industrial estate, humber avenue, cv3 1jl, coventry United Kingdom Announcement • Apr 04
Aurrigo International plc Announces the Launch of Auto-Cargo Aurrigo International plc announced the launch of Auto-Cargo®?, its largest autonomous aviation vehicle to date. This marks the latest development following a project initiated in September 2023 in collaboration with UPS. Auto-Cargo®? is a fully autonomous electric vehicle designed to move heavy cargo loads to and from aircraft, built using a combination of highly engineered hardware and Aurrigo's proprietary autonomous software. The cargo solution offers the potential to transform handling operations by carrying a total payload of 16,500kg when towing a standard trailer, as well as being fully electric and emissions-free versus incumbent diesel vehicles currently in use. Backed by funding from Innovate UK and Centre for Connected and Autonomous Vehicles (CCAV), the new Auto-Cargo®? vehicle will now go on trial to move heavy cargo load to and from aircraft at UPS's hub at East Midlands Airport, the UK's second largest cargo terminal. With precision automation, advanced obstacle detection, and real-time fleet coordination, the vehicle promises to reduce stress on workers, enhance safety, and optimise on-the-ground performance. Announcement • Dec 15
Aurrigo International plc has completed a Follow-on Equity Offering in the amount of £0.068017 million. Aurrigo International plc has completed a Follow-on Equity Offering in the amount of £0.068017 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 154,584
Price\Range: £0.44
Transaction Features: Rights Offering Reported Earnings • Sep 27
First half 2024 earnings released: UK£0.034 loss per share (vs UK£0.048 loss in 1H 2023) First half 2024 results: UK£0.034 loss per share (improved from UK£0.048 loss in 1H 2023). Revenue: UK£3.88m (up 26% from 1H 2023). Net loss: UK£1.58m (loss narrowed 21% from 1H 2023). Revenue is forecast to grow 68% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Auto Components industry in Germany. New Risk • Sep 26
New major risk - Revenue and earnings growth Earnings have declined by 49% 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 Risk Earnings have declined by 49% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-UK£5.4m). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€42.6m market cap, or US$47.7m). Announcement • Sep 06
Aurrigo International plc to Report First Half, 2024 Results on Sep 26, 2024 Aurrigo International plc announced that they will report first half, 2024 results on Sep 26, 2024 Reported Earnings • May 31
Full year 2023 earnings released: UK£0.09 loss per share (vs UK£0.12 loss in FY 2022) Full year 2023 results: UK£0.09 loss per share. Revenue: UK£6.63m (up 25% from FY 2022). Net loss: UK£3.92m (loss widened 79% from FY 2022). Revenue is forecast to grow 69% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Auto industry in Germany. Announcement • May 31
Aurrigo International plc, Annual General Meeting, Jun 25, 2024 Aurrigo International plc, Annual General Meeting, Jun 25, 2024. Location: aurrigos offices at unit 33, bilton industrial estate, humber ave, cv3 1jl, coventry United Kingdom 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€51.0m market cap, or US$54.3m). Board Change • Apr 03
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 1 independent director. 7 non-independent directors. Independent Non-Executive Director Peter Whiting was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. 
