Announcement • May 02
Vianet Group plc Proposes Final Dividend Increase for Fiscal Year Ended 31 March 2026 Vianet Group plc proposed final dividend: Increased to 2.0 pence per share, demonstrating confidence in the Group's financial position and future prospects. Total dividend for FY26 (ended 31 March 2026): 2.4 pence per share (interim: 0.4 pence paid January 2026), representing an 85% increase on FY25's total dividend of 1.3 pence per share, reflecting the Board's progressive dividend policy and growing confidence in the business. Announcement • Nov 04
Vianet Group plc to Report First Half, 2026 Results on Dec 02, 2025 Vianet Group plc announced that they will report first half, 2026 results on Dec 02, 2025 Announcement • Jun 10
Vianet Group plc, Annual General Meeting, Jul 16, 2025 Vianet Group plc, Annual General Meeting, Jul 16, 2025. Announcement • Apr 24
Vianet Group plc to Report Fiscal Year 2025 Results on Jun 10, 2025 Vianet Group plc announced that they will report fiscal year 2025 results on Jun 10, 2025 Announcement • Dec 05
Vianet Group plc (AIM:VNET) commences an Equity Buyback Plan for 2,941,816 shares, representing 10% of its issued share capital, under the authorization approved on July 18, 2024. Vianet Group plc (AIM:VNET) commences share repurchases on December 4, 2024, under the program mandated by the shareholders in the Annual General Meeting held on July 18, 2024. As per the mandate, the company is authorized to repurchase up to 2,941,816 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.1 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange AIM All-Share List for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased. The purpose of the program is to reduce the share capital of the company. The shares repurchased will be cancelled. The program will be funded from the company's existing cash resources. The authority shall expire on the earlier of July 17, 2025 or at the conclusion of the next Annual General Meeting of the company.
On December 3, 2024, the company announced a share repurchase program. Under the program, the company will repurchase its own shares. The purpose of the program is to reduce the registered share capital of the company. The repurchased shares will be cancelled. The program will be funded from the Company's existing cash resources. As of December 3, 2024, the company had 29,438,164 issued shares. Buy Or Sell Opportunity • Nov 01
Now 21% overvalued Over the last 90 days, the stock has fallen 5.6% to €1.36. The fair value is estimated to be €1.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 119% in the next year. Buy Or Sell Opportunity • Oct 16
Now 23% overvalued Over the last 90 days, the stock has fallen 3.4% to €1.43. The fair value is estimated to be €1.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 119% in the next year. Buy Or Sell Opportunity • Sep 14
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 7.8% to €1.38. The fair value is estimated to be €1.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 119% in the next year. Reported Earnings • Jun 24
Full year 2024 earnings released: EPS: UK£0.027 (vs UK£0.006 in FY 2023) Full year 2024 results: EPS: UK£0.027 (up from UK£0.006 in FY 2023). Revenue: UK£15.2m (up 7.5% from FY 2023). Net income: UK£801.0k (up 398% from FY 2023). Profit margin: 5.3% (up from 1.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Jun 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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 Earnings have declined by 39% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (€39.3m market cap, or US$42.0m). Announcement • Jun 22
Vianet Group plc, Annual General Meeting, Jul 18, 2024 Vianet Group plc, Annual General Meeting, Jul 18, 2024. Location: one surtees way, surtees business park, ts18 3hr, stockton on tees United Kingdom New Risk • Jun 13
New major risk - Revenue and earnings growth Earnings have declined by 39% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€39.5m market cap, or US$42.7m). Announcement • Jun 13
Vianet Group plc Proposes Final Dividend for the Year Ended 31 March 2024, Payable on 2 August 2024 Vianet Group plc announced that for the full-year dividend, the Board proposes 0.75 pence per share (FY 2023: 0.50 pence), payable on 2 August 2024 to shareholders on the register on 21 June 2024.. New Risk • May 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (€39.0m market cap, or US$42.3m). Announcement • Apr 28
Vianet Group plc to Report Fiscal Year 2024 Results on Jun 11, 2024 Vianet Group plc announced that they will report fiscal year 2024 results on Jun 11, 2024 Announcement • Dec 14
Vianet Group plc (AIM:VNET) commences an Equity Buyback Plan for 2,955,891 shares, representing 10% of its issued share capital, under the authorization approved on September 5, 2023. Vianet Group plc (AIM:VNET) commences share repurchases on December 13, 2023, under the program mandated by the shareholders in the Annual General Meeting held on September 5, 2023. As per the mandate, the company is authorized to repurchase up to 2,955,891 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.1 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange AIM All-Share List for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased. The purpose of the program is to reduce the share capital of the company. The shares repurchased will be cancelled. The program will be funded from the company's existing cash resources. The authority shall expire on the earlier of September 5, 2024 or at the conclusion of the next Annual General Meeting of the company. As of November 7, 2023, the company had 29,558,914 issued shares and no shares in treasury. New Risk • Jul 21
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€28.5m market cap, or US$31.7m). Reported Earnings • Jul 19
Full year 2023 earnings released: EPS: UK£0.006 (vs UK£0.006 in FY 2022) Full year 2023 results: EPS: UK£0.006 (in line with FY 2022). Revenue: UK£14.1m (up 6.8% from FY 2022). Net income: UK£161.0k (down 14% from FY 2022). Profit margin: 1.1% (down from 1.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Germany. Announcement • Jun 05
Vianet Group plc to Report Q4, 2023 Results on Jun 13, 2023 Vianet Group plc announced that they will report Q4, 2023 results on Jun 13, 2023 Reported Earnings • Dec 07
First half 2023 earnings released: UK£0.003 loss per share (vs UK£0.011 loss in 1H 2022) First half 2023 results: UK£0.003 loss per share (improved from UK£0.011 loss in 1H 2022). Revenue: UK£7.18m (up 13% from 1H 2022). Net loss: UK£77.0k (loss narrowed 77% from 1H 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Board Change • Nov 16
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. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Dave Coplin 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. Reported Earnings • Jun 17
Full year 2022 earnings released: EPS: UK£0.007 (vs UK£0.068 loss in FY 2021) Full year 2022 results: EPS: UK£0.007 (up from UK£0.068 loss in FY 2021). Revenue: UK£13.2m (up 58% from FY 2021). Net income: UK£187.0k (up UK£2.14m from FY 2021). Profit margin: 1.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 20% growth forecast for the industry in Germany. Announcement • Jun 14
Vianet Group plc, Annual General Meeting, Jul 13, 2022 Vianet Group plc, Annual General Meeting, Jul 13, 2022, at 10:00 Coordinated Universal Time. Location: One Surtees Way, Surtees Business Park Stockton On Tees United Kingdom Agenda: To receive and adopt the Company's annual accounts for the financial year ended 31 March 2022 together with the directors' and auditors' reports on those accounts; to consider and reappoint David Coplin who retires by rotation as a director of the Company; to consider and reappoint Mark Foster who retires by rotation as a director of the Company; to consider and reappoint BDO LLP as auditors of the Company to hold office from the conclusion of the meeting to the conclusion of the next meeting at which the accounts are laid before the Company; to consider and authorise the audit committee of the board of directors to determine the auditors' remuneration; and to consider other business matters. Board Change • Apr 27
Insufficient new 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. 1 highly experienced director. Independent Non-Executive Director Dave Coplin 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: Insufficient board refreshment. Announcement • Feb 25
Vianet Group plc (AIM:VNET) commences an Equity Buyback Plan for 2,895,341 shares, representing 10% of its issued share capital, under the authorization approved on July 13, 2021. Vianet Group plc (AIM:VNET) commences share repurchases on February 24, 2022, under the program mandated by the shareholders in the Annual General Meeting held on July 13, 2021. As per the mandate, the company is authorized to repurchase up to 2,895,341 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.1 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased. The authority shall expire on the earlier of July 13, 2022 or at the conclusion of the next Annual General Meeting of the company.
On February 22, 2022, the company announced a share repurchase program. Under the program, the company will repurchase up to £0.2 million worth of its outstanding common stock. The program will be funded from the company's existing cash resources and is intended to reduce the share capital of the company. The maximum price which may be paid by the Company per Ordinary Share shall not be more than 5% above the average middle market quotations for an Ordinary Share (as derived from the London Stock Exchange AIM All-Share List) for the five business days immediately preceding the date of on which such share is contracted to be purchased. The company intends to cancel the repurchased ordinary shares. The program will expire at the conclusion of the 2022 AGM, or July 13, 2022, whichever is earlier. As of February 22, 2022, the company had 28,953,414 shares in issue and no treasury shares. Reported Earnings • Dec 09
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: UK£0.012 loss per share (up from UK£0.049 loss in 1H 2021). Revenue: UK£6.34m (up 56% from 1H 2021). Net loss: UK£333.0k (loss narrowed 76% from 1H 2021). Revenue was in line with analyst estimates. Reported Earnings • Jun 16
Full year 2021 earnings released: UK£0.067 loss per share (vs UK£0.086 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: UK£8.37m (down 49% from FY 2020). Net loss: UK£1.96m (down 180% from profit in FY 2020).