Announcement • Apr 26
River Tech plc Announces Interim Cash Dividend Distribution for 2024 River Tech plc announced that the Board of Directors has resolved to distribute a net interim cash dividend in the amount of NOK 3.00 per share, amounting to NOK 61,656,825, equal to approximately EUR 5,185,167.35, of which NOK 2.50 per share will be distributed from the Company’s profits of the financial year ended 2024, and NOK 0.50 per share will be distributed from the profits of First Quarter 2025. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €1.40, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 27x in the Software industry in Germany. Total loss to shareholders of 70% over the past three years. Announcement • Aug 30
River Tech plc Approves Interim Cash Dividend, Payable on or About 12 September 2024 River Tech plc announced that the Board of Directors has resolved to distribute an interim cash dividend in the amount of NOK 2.50 per share, amounting to NOK 51,380,687.50, equal to approximately EUR 4,387,012.25. Dividend amount: NOK 2.50 per share, equivalent to approximately EUR 0.21346 per share. Ex-date: 02 September 2024. Record Date: 03 September 2024. Payment date: On or about 12 September 2024. Date of approval: 29 August 2024. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €1.85, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 27x in the Software industry in Germany. Total loss to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €2.02, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 24x in the Software industry in Germany. Total loss to shareholders of 62% over the past three years. Board Change • Jul 10
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Richard Trinder was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 10
River Tech plc Resolves Interim Cash Dividend Distribution, Payable on or About 23 April 2024 River Tech plc announced that the Board of Directors has resolved to distribute an interim cash dividend in the amount of NOK 2.50 per share, amounting to approximately NOK 51,380,687.50, equal to approximately EUR 4,433,000.09. Ex-date is 11 April 2024. Record Date is 12 April 2024. Payment date is on or about 23 April 2024. Date of approval is 09 April 2024. Announcement • Feb 08
River Tech p.l.c. to Report Fiscal Year 2023 Results on Mar 08, 2024 River Tech p.l.c. announced that they will report fiscal year 2023 results on Mar 08, 2024 Board Change • Dec 12
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Luke Ciantar was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 10
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Luke Ciantar was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 05
River Tech p.l.c. to Report Q3, 2023 Results on Nov 02, 2023 River Tech p.l.c. announced that they will report Q3, 2023 results on Nov 02, 2023 Announcement • Aug 03
River Tech p.l.c. to Report Q2, 2023 Results on Aug 31, 2023 River Tech p.l.c. announced that they will report Q2, 2023 results on Aug 31, 2023 Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €3.40, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 33x in the Software industry in Germany. Total loss to shareholders of 33% over the past year. Reported Earnings • May 01
Full year 2022 earnings released: EPS: €0.36 (vs €0.23 in FY 2021) Full year 2022 results: EPS: €0.36 (up from €0.23 in FY 2021). Revenue: €14.0m (up 31% from FY 2021). Net income: €7.42m (up 68% from FY 2021). Profit margin: 53% (up from 41% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €2.96, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 28x in the Software industry in Germany. Total loss to shareholders of 48% over the past year. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €2.67, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 29x in the Software industry in Germany. Total loss to shareholders of 50% over the past year. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Chairman of the Board Lars Carl Qvist was the last 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: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improved over the past week After last week's 17% share price gain to €4.30, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 23x in the Software industry in Germany. Total loss to shareholders of 31% over the past year. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €3.73, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 22x in the Software industry in Germany. Total loss to shareholders of 26% over the past year. Reported Earnings • Sep 02
First half 2022 earnings released: EPS: €0.18 (vs €0.041 in 1H 2021) First half 2022 results: EPS: €0.18 (up from €0.041 in 1H 2021). Revenue: €6.80m (up 48% from 1H 2021). Net income: €3.65m (up 367% from 1H 2021). Profit margin: 54% (up from 17% in 1H 2021). The increase in margin was primarily driven by higher revenue. Announcement • Jul 01
River Tech p.l.c., Annual General Meeting, Jun 30, 2022 River Tech p.l.c., Annual General Meeting, Jun 30, 2022, at 12:30 Central European Standard Time. Location: Bisazza Street, Sliema SLM 1640, Malta Sliema Malta Agenda: To consider opening of the meeting; to approve the Audited Accounts for the year ended December 2021 and to approve the Reports of the Directors and Auditors; to appoint PWC as Auditors and to authorize the Board of Directors to fix their remuneration; and to consider any other matters of the business. Reported Earnings • May 01
Full year 2021 earnings released: EPS: €0.23 (vs €0.66 in FY 2020) Full year 2021 results: EPS: €0.23 (down from €0.66 in FY 2020). Revenue: €10.7m (up 44% from FY 2020). Net income: €4.43m (down 65% from FY 2020). Profit margin: 41% (down from 168% in FY 2020). Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Chairman of the Board Lars Carl Qvist was the last 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: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment deteriorated over the past week After last week's 33% share price decline to €4.16, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 33x in the Software industry in Germany. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €4.88, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 33x in the Software industry in Germany. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 18% share price gain to €6.65, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 40x in the Software industry in Germany. Announcement • Aug 31
River Tech p.l.c. announced that it expects to receive €2.5 million in funding from Kahl Limited River Tech p.l.c. announced that it has entered into an agreement with Kahl Limited for a private placement of 435,540 shares at an issue price of €5.74 per share for gross proceeds of €2,500,000 on August 30, 2021. The transaction is subject to the approval of shareholders of the company in its extraordinary general meeting expected to be held mid-October 2021to waive the right of pre-emption of existing shareholders and to authorize the Company's board of directors to issue and allot shares. The securities to be issued pursuant to the transaction are subject to the hold period of 180 days from the date of issue. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €4.88, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 47x in the Software industry in Germany. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 31% share price gain to €5.65, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 46x in the Software industry in Germany.