New Risk • Jun 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €7.83m (US$9.08m) 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 (15% average weekly change). Market cap is less than US$10m (€7.83m market cap, or US$9.08m). Announcement • Jun 12
NowVertical Group Inc. Announces CEO Changes NowVertical Group Inc. on June 11, 2026 announced that the board of directors of the Company has appointed Andre Garber, the Company's Chief Development Officer as Interim Chief Executive Officer of the Company, effective June 11, 2026. To support a new and exciting phase of growth underpinned by NowVertical's deliberate positioning and bolstered by industry tailwinds, the Board, led by Chair Elaine Kunda, has commenced a search for a permanent CEO. The Board anticipates that the Company's next permanent leader will have experience and expertise in leading enterprise data and AI transformation conversations, while continuing to scale a global multi-geography services business profitably, and drive both M&A integration and organic growth. Mr. Garber as a co-founder of the business and its CDO, has played an important stewardship role during times of transition at the Company. He will be supported in his role by NowVertical's strong and experienced senior leadership team, including market leaders Santiago Trógolo, EVP LATAM and Shailesh Mallya, EVP Solutions & Services, as well as Pankaj Ghag, EVP Program Delivery and Operations. NowVertical also announced that the Company's former CEO Sandeep Mendiratta has concluded his tenure as CEO. Reported Earnings • May 27
First quarter 2026 earnings released: EPS: US$0.001 (vs US$0.007 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.001 (up from US$0.007 loss in 1Q 2025). Revenue: US$9.74m (down 6.1% from 1Q 2025). Net income: US$50.8k (up US$734.8k from 1Q 2025). Profit margin: 0.5% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • May 22
NowVertical Group Inc. to Report Q1, 2026 Results on May 27, 2026 NowVertical Group Inc. announced that they will report Q1, 2026 results Pre-Market on May 27, 2026 Board Change • May 20
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. 2 experienced directors. No highly experienced directors. Independent Chairman Elaine Kunda is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 26
NowVertical Group Inc. to Report Q4, 2025 Results on Apr 09, 2026 NowVertical Group Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Apr 09, 2026 Announcement • Mar 13
NowVertical Group Inc Launches NowUnlock AI Proposition NowVertical Group Inc. had announced the launch of NowUnlock AI, a structured enterprise proposition designed to help organizations translate artificial intelligence initiatives into measurable operational and financial outcomes. Through work implementing enterprise data modernization and AI solutions, success where AI solutions are delivering up to 50% cost reduction and 60% faster outcomes. NowUnlock AI codifies this success into a practical approach to support enterprises as they move from AI experimentation toward real operational and financial impact. Further information on the new NowUnlock AI proposition is available on the Company’s website. Many companies report challenges translating AI investment into measurable results. According to PwC’s Global AI research (2026), approximately 56% of organizations report that their AI investments have not yet delivered significant cost or revenue benefits. The NowUnlock AI proposition organizes enterprise AI adoption across three stages to address these challenges and support practical implementation of AI: NowUnlock Impact – development and deployment of an initial AI capability designed to address a defined operational or analytical use case; NowUnlock Momentum – expansion of AI capabilities through standardized data architecture, governance and operational processes; NowUnlock Scale – broader integration of AI-driven workflows across business units and enterprise operations. NowVertical intends to apply the NowUnlock AI proposition across relevant consulting and implementation engagements as organizations increasingly seek to operationalize artificial intelligence within their existing data infrastructure and business processes. Board Change • Dec 30
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. Independent Chairman Elaine Kunda 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 • Dec 04
Nowvertical Group Inc. Announces Promotion of Christine Nelson to Permanent Chief Financial Officer NowVertical Group Inc. announced the promotion of Christine Nelson, the current interim Chief Financial Officer of the Company, to permanent Chief Financial Officer of the Company. Ms. Nelson has served as the interim Chief Financial Officer of the Company since her appointment to the role on February 1, 2024. Announcement • Nov 06
NowVertical Group Inc. to Report Q3, 2025 Results on Nov 12, 2025 NowVertical Group Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 12, 2025 Announcement • Aug 21
NowVertical Group Inc. to Report Q2, 2025 Results on Aug 27, 2025 NowVertical Group Inc. announced that they will report Q2, 2025 results After-Market on Aug 27, 2025 Announcement • May 16
NowVertical Group Inc. to Report Q1, 2025 Results on May 21, 2025 NowVertical Group Inc. announced that they will report Q1, 2025 results After-Market on May 21, 2025 Announcement • Apr 21
NowVertical Group Inc., Annual General Meeting, Jun 24, 2025 NowVertical Group Inc., Annual General Meeting, Jun 24, 2025. Announcement • Mar 28
NowVertical Group Inc. to Report Q4, 2024 Results on Apr 02, 2025 NowVertical Group Inc. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Apr 02, 2025 Announcement • Jan 17
NowVertical Group Inc. Announces Executive Appointments NowVertical Group Inc. announced the appointment of the following individuals as executive officers of the Company, including: Santiago Trógolo, EVP LATAM: Santiago now leads NowVertical's operations in the Latin American market and previously served as CEO of CoreBI (acquired by NowVertical in February 2022); Shailesh Mallya, EVP of Solutions and Services: Shailesh, co-founder and former Chief Technical Officer of Acrotrend Solutions Ltd. (acquired by NowVertical in January 2023), now leads NowVertical's North America and EMEA business operations; Mostafa Hashem, EVP of Product & Tech: Mostafa, founder of Smartlytics Consultancy Ltd. (acquired by NowVertical in January 2023), is responsible for NowVertical's first party product innovation and commercialization endeavours; and Pankaj Ghag, EVP of Program Delivery and Operations: Pankaj, the former head of delivery for Acrotrend Solutions Ltd., now oversees NowVertical's seamless global service delivery for NowVertical's clients. Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: US$0.007 (vs US$0 in 3Q 2023) Third quarter 2024 results: EPS: US$0.007 (up from US$0 in 3Q 2023). Revenue: US$10.7m (down 35% from 3Q 2023). Net income: US$575.1k (up US$604.6k from 3Q 2023). Profit margin: 5.4% (up from net loss in 3Q 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Announcement • Nov 08
NowVertical Group Inc. to Report Q3, 2024 Results on Nov 14, 2024 NowVertical Group Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 14, 2024 Announcement • Oct 11
Nowvertical Group Inc. Unveils an Evolved Partner Marketing Solution Tailored to Help Clients Navigate the Growing Complexities of Managing Partner Engagement NowVertical Group Inc. unveiled an evolved Partner Marketing Solution tailored to help clients navigate the growing complexities of managing partner ecosystems. In the tech industry, Partner Marketing accounts for 37% of overall marketing budget- and 62% of companies are expecting this investment to grow--the demand for more e ective partner management solutions has never been higher. Yet, 89% of partner marketers still face significant barriers, the top three issues being data integration, limited visibility into partner activity, and challenges with data sharing, according to the 'State of Partner Marketing Report 2024', issued by Foundry, a wholly owned subsidiary of International Data Group Inc., a tech media, data, research and marketing services company. NowVertical's solution directly addresses these hurdles by simplifying data management and providing greater transparency into partner activities. This refined approach enables organizations to optimize partner-driven revenue, reduce reporting time, and improve the efficiency of their partner marketing programs. Webinar to Showcase Solution's Capabilities NowVertical held a webinar on October 7, 2024 as the key element of a broader initiative aimed at engaging CMOs, Heads of Partner Marketing, and Global Marketing Executives to introduce this new value proposition. The webinar was led by NowVertical's experts and attendees gained exclusive access to cutting-edge strategies to optimize partner-driven matched revenue, reduce campaign reporting time, and establish partner marketing as a crucial contributor to their organization's sales success. What's in it for Marketers: Unlock Data-Driven Strategies: Marketers learnt how to leverage data analytics to maximize partner marketing ROI. Discover Future Trends: How clients can stay ahead of industry trends to ensure their marketing strategy is future-ready. Access Expert Insights: Marketers engaged with NOW's seasoned experts and gained actionable tactics to boost partner marketing success. New Risk • Sep 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.39m (US$9.30m) 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 (13% average weekly change). Market cap is less than US$10m (€8.39m market cap, or US$9.30m). Minor Risk Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: US$0.024 (vs US$0.018 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.024 (up from US$0.018 loss in 2Q 2023). Revenue: US$12.3m (down 20% from 2Q 2023). Net income: US$1.94m (up US$3.32m from 2Q 2023). Profit margin: 16% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue is expected to decline by 2.9% p.a. on average during the next 2 years, while revenues in the Software industry in Germany are expected to grow by 10%. Announcement • Aug 13
NowVertical Group Inc. to Report Q2, 2024 Results on Aug 15, 2024 NowVertical Group Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 15, 2024 New Risk • Jun 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-US$3.1m). Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€10.9m market cap, or US$11.7m). Announcement • Jun 13
NowVertical Group Inc., Annual General Meeting, Jul 30, 2024 NowVertical Group Inc., Annual General Meeting, Jul 30, 2024. Announcement • May 29
BCS, LLC acquired Allegient Defense, Inc. from NowVertical Group Inc. (TSXV:NOW) for approximately $12.5 million. BCS, LLC acquired Allegient Defense, Inc. from NowVertical Group Inc. (TSXV:NOW) for approximately $12.5 million on May 27, 2024. As reported, the $12.5 million of consideration for the transaction consists of $7.5 million in cash received on closing, $1.0 million pursuant to a secured promissory note issued to NOW at closing and payable in installments within 18 months of closing and up to $4.0 million as an earn-out, payable on Allegient achieving certain revenue milestones. In 2023, Allegient reported revenue of $17.8 million and an income from operations margin of 8% with $1.4 million income from operations. Following the closing, BCS and Allegient Defense will merge to form a new entity called BCS Allegient and will be led by current BCS Chief Executive Officer Alain R. Williams. Angel Diaz, the current Allegient Defense Chief Executive Officer will stay on as Chief Development Officer and will focus on growth and business development for the new entity. The disposition clears $3.8 million of debt from NOW’s balance sheet, significantly reducing overall debt liabilities. The sale helps reduce deferred liabilities, improving NOW's financial health. Proceeds from the disposition support NOW's growth plans for its integrated business, enabling strategic investments in core areas.BCS, LLC completed the acquisition of Allegient Defense, Inc. from NowVertical Group Inc. (TSXV:NOW) on May 27, 2024. Announcement • May 25
NowVertical Group Inc. to Report Q1, 2024 Results on May 30, 2024 NowVertical Group Inc. announced that they will report Q1, 2024 results After-Market on May 30, 2024 Announcement • May 15
NowVertical Group Inc. Announces Management Changes NowVertical Group Inc. announced the appointment of David Doritty, who currently serves as the Vice-Chair at Echelon Wealth Partners, as an independent director on NowVertical’s board of directors. Mr. Doritty brings decades of senior executive experience. In his current Vice-Chair role at Echelon Wealth Partners, held since December 2018, he has demonstrated a commitment to fostering robust client relationships and advancing innovative capital markets solutions. His role in facilitating connections between internal stakeholders and external partners has significantly enhanced Echelon's visibility and reputation in the marketplace. Previously, he served as Executive Vice President, Head of Sales & Trading at Echelon Wealth Partners. Before his time at Echelon, Mr. Doritty served as Deputy Chairman at Mackie Research Capital and spent three and a half years at Aurion Capital Management, a distinguished Canadian pension fund manager. Prior to Aurion, Mr. Doritty served as Vice Chairman at Dundee Capital Markets. His contributions have driven growth and strategic direction in these roles, reflecting his commitment to excellence and leadership in the financial sector. He is also a distinguished graduate of the Directors Education Program at the Institute of Corporate Directors, Rotman School of Management, University of Toronto. To facilitate this appointment, NowVertical’s Chief Development Officer Andre Garber has stepped down from the board to focus on his responsibilities in management. NowVertical’s CEO, Sandeep Mendiratta, will remain on the board as a representative of management. These further changes to the Company’s board are a result of the process to appoint an additional director, commenced as part of the Company’s settlement with Daren Trousdell. Reported Earnings • May 08
Full year 2023 earnings released: US$0.079 loss per share (vs US$0.15 loss in FY 2022) Full year 2023 results: US$0.079 loss per share (improved from US$0.15 loss in FY 2022). Revenue: US$51.7m (up 91% from FY 2022). Net loss: US$5.93m (loss narrowed 38% from FY 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Announcement • Mar 21
NowVertical Group Inc. Announces Board Changes NowVertical Group Inc. announced that it has resolved all outstanding disputes with Daren Trousdell, a shareholder of the Company, has appointed the Company’s Chief Executive Officer, Sandeep Mendiratta, to the Company’s board of directors, and has commenced a process to appoint an additional independent director who is mutually acceptable to the Company and Mr. Trousdell. In order to accommodate the addition of Mr. Mendiratta, Darrell MacMullin has agreed to resign from the Board. Mr. Mendiratta joined NowVertical in January 2023 as the Chief Executive Officer of Acrotrend Solutions in connection with NOW’s acquisition of Acrotrend. Mr. Mendiratta was appointed as the Chief Executive Officer of the Company in January 2024 and has a proven track record of scaling businesses, is a seasoned expert in the data analytics industry, and is a well-respected leader within the Company. The Board would like to thank Mr. MacMullin for his contributions and dedication to the Company. New Risk • Mar 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.4% This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$9.0m). Shareholders have been diluted in the past year (6.4% increase in shares outstanding). Market cap is less than US$100m (€14.3m market cap, or US$15.6m). Announcement • Jan 21
Daren Trousdell Provides Information to NowVertical Group Inc On January 18, 2024, Daren Trousdell through KOAT Holdings LLC announced that it is calling on the NowVertical Group Inc to immediately publish the voting results in respect of the election of candidates to the Company's Board of Directors at the Company's Annual Meeting on October 13, 2023. Trousdell stated that the Company has failed to announce that a significant number of shareholders voted against the re-election of Scott Nirenberski, Elaine Kunda, Andre Garber, and Darrell MacMullin to the Board. Trousdell said that he supported the incumbent Board because it was required under the terms of an agreement with the Company but if he had been permitted to vote his conscience for the benefit of all shareholders, he would not have supported the election of Andre Garber, Elaine Kunda, Scott Nirenberski, Darrell MacMullin , David Charron and Chris Ford. Trousdell added that the incumbent Board is directly responsible for significant value destruction and rapid erosion of the Company's balance sheet, and he believes that the incumbent Board should be replaced but was contractually required to vote in support at the recent Meeting. Trousdell added that he resigned as Chair of the Board and Chief Executive Officer on May 30, 2023, and he has no intention to rejoin the Board or management, but he has conveyed that it is necessary to prevent further value destruction and to execute rapidly and efficiently on the Company's strategy for growth. Additionally, Trousdell believes that new leadership is required that could provide the experience and the spark required for the Company to maximize shareholder value. Reported Earnings • Dec 01
Third quarter 2023 earnings released: EPS: US$0 (vs US$0.046 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0 (improved from US$0.046 loss in 3Q 2022). Revenue: US$16.5m (up 97% from 3Q 2022). Net loss: US$29.5k (loss narrowed 99% from 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Announcement • Nov 17
NowVertical Group Inc. to Report Q3, 2023 Results on Nov 29, 2023 NowVertical Group Inc. announced that they will report Q3, 2023 results After-Market on Nov 29, 2023 Announcement • Aug 22
NowVertical Group Inc. to Report Q2, 2023 Results on Aug 29, 2023 NowVertical Group Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 29, 2023 Announcement • Aug 11
NowVertical Group Inc., Annual General Meeting, Oct 05, 2023 NowVertical Group Inc., Annual General Meeting, Oct 05, 2023. Announcement • Jul 28
NowVertical Group Expands SMART Pak Offering to the United States, Providing Cutting-Edge Analytics as a Service NowVertical Group Inc. announced the launch of its SMART Pak analytics as a service offering in the United States. This expansion represents a significant milestone for NOW as it brings AI solutions to a wider range of industry and government customers. NOW's SMART Pak offering has already successfully deployed in the UK, serving clients such as Poundland, The Range, Joblogic, Imperial War Museums, Patrizia, and Muller, among others. These organizations have experienced the benefits of comprehensive analytics as a service, overcoming resource shortages and leveraging data for decision-making and AI implementation. NOW's SMART Paks provide a comprehensive solution to reducing barriers to AI value realization. By leveraging an offering tailored to its needs, Industry and Governments can overcome challenges related to hiring and retaining skilled professionals, data availability and quality, identifying appropriate business use cases, technical infrastructure, and legal and compliance concerns. NOW's team handles data engineering and analytics and provides expertise in Power BI, Tableau, data science, artificial intelligence, machine learning, customer analytics, social media listening, and attribution modeling. The SMART Pak Plans provided by NOW enables organizations to immediately address resource shortages within their existing teams. Instead of managing individual contractors, customers can leverage a dedicated team's expertise giving them access to a comprehensive suite of analytics services, alleviating the need to build in-house teams from scratch. NOW Smart Pak Solutions will be administered in the US by NowVertical units Resonant Analytics and support by Smartlyics. As organizations increasingly recognize the critical role of AI in their success, NOW is well-positioned to provide customized solutions to meet evolving needs. By leveraging the SMART Pak offering, organizations can focus on their core competencies while relying on NOW's team of experts for their data engineering, data science, and analytics requirements. Board Change • Jul 26
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, 2 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Darell MacMullin is the most experienced director on the board, commencing their role in 2021. Independent Director Scott Nirenberski was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.