New Risk • Jul 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 72% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$3.5m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Negative equity (-CA$10m). Shareholders have been substantially diluted in the past year (72% increase in shares outstanding). Market cap is less than US$10m (€6.13m market cap, or US$6.57m). New Risk • Jun 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-CA$3.5m free cash flow). Share price has been highly volatile over the past 3 months (32% average weekly change). Negative equity (-CA$10m). Market cap is less than US$10m (€6.12m market cap, or US$6.65m). Minor Risk Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Announcement • May 24
SLANG Worldwide Inc. to Report Q1, 2024 Results on May 30, 2024 SLANG Worldwide Inc. announced that they will report Q1, 2024 results Pre-Market on May 30, 2024 New Risk • Apr 12
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$4.4m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (30% average weekly change). Negative equity (-CA$4.4m). Market cap is less than US$10m (€6.21m market cap, or US$6.61m). Minor Risk Shareholders have been diluted in the past year (4.8% increase in shares outstanding). Announcement • Nov 22
SLANG Worldwide Inc. to Report Q3, 2023 Results on Nov 28, 2023 SLANG Worldwide Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 28, 2023 Announcement • Aug 18
SLANG Worldwide Inc. to Report Q2, 2023 Results on Aug 24, 2023 SLANG Worldwide Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 24, 2023 Announcement • Jul 13
SLANG Worldwide Inc. Launches its First Line of Fast-Acting THC-Infused Gummies in Vermont SLANG Worldwide Inc. announced that it has launched its first line of fast-acting cannabis-infused gummies under its Alchemy Naturals all-natural THC gummy brand. Available in Vermont at SLANG's Ceres Collaborative located in downtown Burlington, and soon in dispensaries across Vermont via wholesale--Alchemy Naturals' new fast-acting gummies harness TiME INFUSION® (Thermodynamic Individual Molecular Encapsulation) technology from Azuca, expediting the onset time to between five and fifteen minutes. Designed for a stackable, social and session-able cannabis consumption experience, Alchemy Naturals' fast-acting gummies aim to meet Vermonters' demand for a consistent cannabis edible that yields effects swiftly. In collaboration with Azuca, which develops best-in-class, rapid-onset delivery systems and advanced formulations, Alchemy Naturals' new gummies launched with two inviting flavors--Blackberry Lime and Cranberry Orange, in perfectly dosed 5mg packages. Alchemy Naturals and Azuca recognize that one of the biggest challenges consumers face with edibles is the unpredictable onset time. In addition, the lag between consumption and effects may compel consumers to keep on eating the edibles--and then they've had too much. Alchemy Naturals aims to solve this problem by providing consumers with predictable, dose-able products they can trust. While traditional edibles convert Delta-9-THC in the digestive tract to 11-Hydroxy-THC, Alchemy Naturals gummies contain individually encapsulated Delta-9-THC cannabinoids. The technology provides greater cannabinoid bioavailability that works at the molecular level to bypass the liver and enter the bloodstream immediately. For most, this means onset in less than 15 minutes and a Delta-9-THC experience that lasts two to four hours. Azuca's infusion process also provides consumers with a true Delta-9 THC experience—a euphoric high akin to inhaling cannabis. This proprietary formulation gives an uplifting, lighter and more euphoric sensation than the heavy effect of traditional edibles. Board Change • Jun 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Felicia Snyder is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • May 19
SLANG Worldwide Inc. to Report Q1, 2023 Results on May 24, 2023 SLANG Worldwide Inc. announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on May 24, 2023 Reported Earnings • Dec 01
Third quarter 2022 earnings released: CA$0.064 loss per share (vs CA$0.08 loss in 3Q 2021) Third quarter 2022 results: CA$0.064 loss per share (improved from CA$0.08 loss in 3Q 2021). Revenue: CA$8.12m (down 13% from 3Q 2021). Net loss: CA$6.33m (loss narrowed 8.5% from 3Q 2021). Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Felicia Snyder is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 27
Second quarter 2022 earnings released: CA$0.028 loss per share (vs CA$0.047 loss in 2Q 2021) Second quarter 2022 results: CA$0.028 loss per share (up from CA$0.047 loss in 2Q 2021). Revenue: CA$9.87m (down 12% from 2Q 2021). Net loss: CA$3.40m (loss narrowed 13% from 2Q 2021). Board Change • Aug 01
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Felicia Snyder is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jul 02
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Felicia Snyder is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 30
Full year 2021 earnings released: CA$0.60 loss per share (vs CA$0.26 loss in FY 2020) Full year 2021 results: CA$0.60 loss per share (down from CA$0.26 loss in FY 2020). Revenue: CA$37.8m (up 64% from FY 2020). Net loss: CA$51.3m (loss widened 265% from FY 2020). Over the next year, revenue is forecast to grow 46%, compared to a 8.1% growth forecast for the pharmaceuticals industry in Germany. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Director Peter W. Miller is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Director Peter W. Miller is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Dec 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Director Peter W. Miller is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Executive Departure • Nov 29
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 29
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 29
Independent Director Keith Stein has left the company On the 16th of November, Keith Stein's tenure as Independent Director ended. As of September 2021, Keith still personally held 1.27m shares (€166k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Independent Director Chris Donnelly has left the company On the 16th of November, Chris Donnelly's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Chris still personally held only 212.03k shares (€28k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Independent Director Keith Stein has left the company On the 16th of November, Keith Stein's tenure as Independent Director ended. As of September 2021, Keith still personally held 1.27m shares (€166k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Independent Director Chris Donnelly has left the company On the 16th of November, Chris Donnelly's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Chris still personally held only 212.03k shares (€28k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 29
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Independent Director Keith Stein has left the company On the 16th of November, Keith Stein's tenure as Independent Director ended. As of September 2021, Keith still personally held 1.27m shares (€166k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Independent Director Keith Stein has left the company On the 16th of November, Keith Stein's tenure as Independent Director ended. As of September 2021, Keith still personally held 1.27m shares (€166k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 29
Independent Director Chris Donnelly has left the company On the 16th of November, Chris Donnelly's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Chris still personally held only 212.03k shares (€28k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Chris Donnelly has left the company On the 16th of November, Chris Donnelly's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Chris still personally held only 212.03k shares (€28k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Keith Stein has left the company On the 16th of November, Keith Stein's tenure as Independent Director ended. As of September 2021, Keith still personally held 1.27m shares (€166k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 28
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Chris Donnelly has left the company On the 16th of November, Chris Donnelly's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Chris still personally held only 212.03k shares (€28k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Chris Donnelly has left the company On the 16th of November, Chris Donnelly's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Chris still personally held only 212.03k shares (€28k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 28
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 28
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Keith Stein has left the company On the 16th of November, Keith Stein's tenure as Independent Director ended. As of September 2021, Keith still personally held 1.27m shares (€166k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Keith Stein has left the company On the 16th of November, Keith Stein's tenure as Independent Director ended. As of September 2021, Keith still personally held 1.27m shares (€166k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Keith Stein has left the company On the 16th of November, Keith Stein's tenure as Independent Director ended. As of September 2021, Keith still personally held 1.27m shares (€166k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Keith Stein has left the company On the 16th of November, Keith Stein's tenure as Independent Director ended. As of September 2021, Keith still personally held 1.27m shares (€166k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Keith Stein has left the company On the 16th of November, Keith Stein's tenure as Independent Director ended. As of September 2021, Keith still personally held 1.27m shares (€166k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 28
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Chris Donnelly has left the company On the 16th of November, Chris Donnelly's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Chris still personally held only 212.03k shares (€28k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 28
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Keith Stein has left the company On the 16th of November, Keith Stein's tenure as Independent Director ended. As of September 2021, Keith still personally held 1.27m shares (€166k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Keith Stein has left the company On the 16th of November, Keith Stein's tenure as Independent Director ended. As of September 2021, Keith still personally held 1.27m shares (€166k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 28
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 28
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 28
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Chris Donnelly has left the company On the 16th of November, Chris Donnelly's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Chris still personally held only 212.03k shares (€28k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Chris Donnelly has left the company On the 16th of November, Chris Donnelly's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Chris still personally held only 212.03k shares (€28k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Chris Donnelly has left the company On the 16th of November, Chris Donnelly's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Chris still personally held only 212.03k shares (€28k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Chris Donnelly has left the company On the 16th of November, Chris Donnelly's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Chris still personally held only 212.03k shares (€28k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
President & Director Christopher Driessen has left the company On the 16th of November, Christopher Driessen was replaced as CEO by Mark McManigle after 1.2 years in the role. As of September 2021, Christopher still personally held 5.05m shares (€662k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Christopher's leadership, the company delivered a total shareholder return of 27%. Executive Departure • Nov 28
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Director Kelly Ehler has left the company On the 16th of November, Kelly Ehler's tenure as Director ended after 1.4 years in the role. As of September 2021, Kelly still personally held 663.50k shares (€87k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Robert Verdun has left the company On the 16th of November, Robert Verdun's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Robert still personally held 4.04m shares (€530k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Chris Donnelly has left the company On the 16th of November, Chris Donnelly's tenure as Independent Director ended after 1.4 years in the role. As of September 2021, Chris still personally held only 212.03k shares (€28k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. 
