Board Change • May 20
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. 2 experienced directors. 1 highly experienced director. 1 independent director (2 non-independent directors). Independent Non-Executive Director Nick Lee was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Feb 10
Huddled Group Plc has completed a Follow-on Equity Offering in the amount of £0.705 million. Huddled Group Plc has completed a Follow-on Equity Offering in the amount of £0.705 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,957,143
Price\Range: £0.0175
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,328,572
Price\Range: £0.0175 Announcement • Feb 06
Huddled Group Plc has filed a Follow-on Equity Offering. Huddled Group Plc has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock Announcement • Sep 15
Huddled Group Plc to Report First Half, 2025 Results on Sep 29, 2025 Huddled Group Plc announced that they will report first half, 2025 results on Sep 29, 2025 Announcement • Jul 03
Huddled Group plc Appoints Michael Ashley as Chief Executive Officer Huddled Group Plc announced Michael Ashley, who joined the Board as an Independent Non-Executive Director in March 2025, will assume the role of Chief Executive Officer. Since joining the Board, Michael's extensive retail experience and strategic insight have been invaluable, prompting the Board to invite him to assume an executive role. Announcement • Jul 02
Huddled Group plc Announces Board Changes Huddled Group plc announced certain changes to its board of directors. Following Sir Robin Miller's decision to step down as Non-Executive Chairman at yesterday's AGM, Martin Higginson will take on the position of Executive Chairman with immediate effect. Michael Ashley, who joined the Board as an Independent Non-Executive Director in March 2025, will assume the role of Chief Executive Officer. Since joining the Board, Michael's extensive retail experience and strategic insight have been invaluable, prompting the Board to invite him to assume an executive role. Following the above changes, the Board now comprises: Martin Higginson, Executive Chairman; Michael Ashley, Chief Executive Officer; Dan Wortley, Chief Financial Officer; Paul Simpson, Chief Operating Officer and Nicholas Lee, Independent Non-Executive Director. Announcement • Jun 05
Huddled Group Plc, Annual General Meeting, Jun 30, 2025 Huddled Group Plc, Annual General Meeting, Jun 30, 2025. Location: token house, 11 12 tokenhouse yard, ec2r 7as, london United Kingdom Announcement • Apr 28
Huddled Group Plc to Report Fiscal Year 2024 Results on May 06, 2025 Huddled Group Plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on May 06, 2025 Announcement • Mar 18
Huddled Group plc Announces Board and Management Changes Huddled Group plc announced that it has strengthened its Board with two new appointments. Paul Simpson, Chief Operating Officer. Paul Simpson, co-founder of Nutricircle, has been appointed as Chief Operating Officer, where he will oversee the entirety of the Group's operations. Named in the 2021 Forbes 30 Under 30 Europe List, Paul has focused his career on creating pioneering solutions to manage surplus food waste in the retail sector, founding surplus goods retailer, Food Circle Supermarket in 2017. Food Circle Supermarket grew from a standing start to annual revenue of £1.4m, when it was acquired by Huddled in 2024 and rebranded Nutricircle. James Barthorpe, who co-founded Nutricircle with Paul, will continue to manage the division as Managing Director. Mike Ashley, Independent Non-Executive Director. Mike Ashley joins the Board as Independent Non-Executive Director. Mike is an accomplished leader with extensive experience in consumer-centric, high-growth businesses. He has held key leadership roles, through CEO, commercial, marketing and strategy, across renowned companies, including Boots, Argos, Dixons Retail Group, Travis Perkins, Holland & Barrett, and Magnet Kitchens. Most recently, Mike served as the Commercial Director of Nobia UK, which includes Magnet Kitchens. Prior to this, he held the role of Chief Commercial Officer at Holland & Barrett. Mike has completed retail MBA modules at Manchester Business School. Mike's extensive cross-sector retail experience and his proven track record in scaling operations and optimising commercial performance will be a valuable addition to Huddled's Board. Mike also serves on the board of AIM-quoted Midwich Group plc as non-executive director. Announcement • Dec 31
Huddled Group Plc (AIM:HUD) acquired remaining 25% stake in Boop Beauty Limited from Yasmine Amr. Huddled Group Plc (AIM:HUD) acquired remaining 25% stake in Boop Beauty Limited from Yasmine Amr on December 30, 2024. The consideration consists of 3.25 million common equity of Huddled Group Plc to be issued for common equity of Boop Beauty Limited. The agreed consideration for the Acquisition is £0.1 million which will be satisfied by the issue of 3,248,863 new Ordinary Shares1 in Huddled Group plc (the "New Ordinary Shares"), which will be issued by no later than 27 May 2025. Upon admission to trading on AIM, these shares will be subject to a six month lock-in followed by a twelve month orderly market agreement. Yasmine Amr will continue to contribute her valuable industry expertise and vision as a non-executive director of Boop Beauty.
Huddled Group Plc (AIM:HUD) completed the acquisition of remaining 25% stake in Boop Beauty Limited from Yasmine Amr on December 30, 2024. Reported Earnings • Oct 02
First half 2024 earnings released: UK£0.005 loss per share (vs UK£0.003 loss in 1H 2023) First half 2024 results: UK£0.005 loss per share (further deteriorated from UK£0.003 loss in 1H 2023). Revenue: UK£5.27m (up UK£5.21m from 1H 2023). Net loss: UK£1.75m (loss widened 56% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. New Risk • Sep 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 68% 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 (-UK£3.6m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Revenue is less than US$5m (UK£2.4m revenue, or US$3.2m). Market cap is less than US$100m (€13.1m market cap, or US$14.6m). Announcement • Sep 16
Huddled Group Plc to Report First Half, 2024 Results on Sep 30, 2024 Huddled Group Plc announced that they will report first half, 2024 results on Sep 30, 2024 New Risk • Sep 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£3.6m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Revenue is less than US$5m (UK£2.4m revenue, or US$3.2m). Market cap is less than US$100m (€12.5m market cap, or US$13.9m). Announcement • Jul 30
Huddled Group plc Provides Revenue Guidance for the First Half of 2024 Huddled Group Plc provided revenue guidance for the first half of 2024. The Group expects to report first half 2024 revenue of no less than £5.2 million. Announcement • May 31
Huddled Group Plc, Annual General Meeting, Jun 25, 2024 Huddled Group Plc, Annual General Meeting, Jun 25, 2024, at 10:00 Coordinated Universal Time. Location: Token House, 11-12 Tokenhouse Yard, EC2R 7AS London (United Kingdom) United Kingdom Reported Earnings • May 13
Full year 2023 earnings released: UK£0.007 loss per share (vs UK£0.005 loss in FY 2022) Full year 2023 results: UK£0.007 loss per share (further deteriorated from UK£0.005 loss in FY 2022). Revenue: UK£2.42m (up 204% from FY 2022). Net loss: UK£2.29m (loss widened 19% from FY 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • May 08
Huddled Group Plc to Report Fiscal Year 2023 Results on May 13, 2024 Huddled Group Plc announced that they will report fiscal year 2023 results on May 13, 2024 New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (30% average weekly change). Revenue is less than US$1m (UK£755k revenue, or US$940k). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€10.5m market cap, or US$11.2m). Announcement • Apr 12
Huddled Group Plc (AIM:HUD) acquired Food Circle Supermarket Ltd for £0.3 million. Huddled Group Plc (AIM:HUD) acquired Food Circle Supermarket Ltd for £0.3 million on April 12, 2024. The consideration comprises of an initial payment of £100,000 in cash and £50,000 in shares. A further £50,000 in shares will be payable on the first anniversary of the acquisition, subject to any adjustments in the event of any warranty claims against the sellers. An additional £100,000 in cash will be payable if Food Circle meets certain targets during its first 12 months post-acquisition. Food Circle delivered unaudited revenue of £1.4 million and a net loss of £0.046 million for the year ended December 31, 2023.
Huddled Group Plc (AIM:HUD) completed the acquisition of Food Circle Supermarket Ltd on April 12, 2024. New Risk • Feb 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.21m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Revenue is less than US$1m (UK£755k revenue, or US$957k). Market cap is less than US$10m (€9.21m market cap, or US$9.99m). Recent Insider Transactions • Nov 29
Co-Founder recently bought €68k worth of stock On the 24th of November, Martin Higginson bought around 2m shares on-market at roughly €0.029 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Martin's only on-market trade for the last 12 months. New Risk • Oct 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €5.84m (US$6.17m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Revenue is less than US$1m (UK£755k revenue, or US$921k). Market cap is less than US$10m (€5.84m market cap, or US$6.17m). Board Change • Jul 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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Chairman Robin Miller was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jun 06
Let's Explore Group PLC, Annual General Meeting, Jun 29, 2023 Let's Explore Group PLC, Annual General Meeting, Jun 29, 2023, at 09:00 Coordinated Universal Time. Location: offices of Cenkos Securities plc at 6-8 Tokenhouse Yard London United Kingdom Announcement • May 09
Let's Explore Group PLC, Annual General Meeting, May 26, 2023 Let's Explore Group PLC, Annual General Meeting, May 26, 2023, at 09:00 Coordinated Universal Time. Location: 6-8 Tokenhouse Yard EC2R 7AS London United Kingdom Agenda: to approve the DM Loan; to approve the DW Loan; to approve the MH Loan; to confer authority for market purchases by the Company of up to 282,953,968 Shares. This number represents 65% of the Voting Share Capital after taking into account the buy backs of the Shares from Rodney Findley, Kenneth Musen and Alasdair Ritchie and the impact on the issued share capital if all options granted pursuant to the Share Option Scheme have vested and become exercisable at a price of 2.5p per Share and are exercised (resulting in an additional 40,800,344 Shares being issued) prior to the Record Date. 
