New Risk • Jun 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 87% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (87% net debt to equity). Market cap is less than US$100m (UK£23.4m market cap, or US$31.2m). Announcement • Jun 05
Hercules plc Declares No Interim Dividend for Fiscal Year 2026 Hercules Plc announced that there will be no interim dividend in fiscal year 2026 (2025: 0.6 pence per share) as a result of the commitment to systems development and enhancements to support the continued growth of the business. The Board will keep the Company's dividend policy under review. Announcement • Jun 03
Hercules Plc, Annual General Meeting, Jun 23, 2026 Hercules Plc, Annual General Meeting, Jun 23, 2026. Location: hercules court, lakeside business park, cirencester, gl7 5xl, south cerney United Kingdom New Risk • May 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 55% 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. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (UK£25.1m market cap, or US$33.8m). Announcement • May 23
Hercules Plc to Report Fiscal Year 2025 Results on May 22, 2026 Hercules Plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on May 22, 2026 Reported Earnings • May 22
Full year 2025 earnings released: EPS: UK£0.007 (vs UK£0.026 in FY 2024) Full year 2025 results: EPS: UK£0.007 (down from UK£0.026 in FY 2024). Revenue: UK£121.2m (up 19% from FY 2024). Net income: UK£595.0k (down 64% from FY 2024). Profit margin: 0.5% (down from 1.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • May 19
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Director Martin Tedham was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (UK£25.4m market cap, or US$34.0m). Announcement • Feb 12
Hercules Plc Provides Earnings Guidance for the Year Ended 30 September 2025 Hercules Plc provided earnings guidance for the year ended 30 September 2025. Further to the Company's announcement of 2 October 2025, revenue will be ahead of market expectations at approximately £121 million, reflecting the strong trading performance in FY25 across the Group's operations. New Risk • Jan 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. 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 March 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (UK£43.9m market cap, or US$59.1m). Announcement • Oct 16
Hercules Plc (AIM:HERC) completed the acquisition of 70% stake in Lyons Power Services Limited. Hercules Plc (AIM:HERC) acquired 70% stake in Lyons Power Services Limited for £0.7 million on October 15, 2025. A cash consideration of £0.35 million will be paid by Hercules Plc. The consideration consists of 0.97 million common equity of Hercules Plc having a value of £0.35 million to be issued for common equity of Lyons Power Services Limited. As part of consideration, £0.7 million is paid towards common equity of Lyons Power Services Limited.
Hercules Plc (AIM:HERC) completed the acquisition of 70% stake in Lyons Power Services Limited on October 15, 2025. Announcement • Jun 27
Hercules Plc (AIM:HERC) acquired Advantage NRG Ltd for £15.7 million. Hercules Plc (AIM:HERC) acquired Advantage NRG Ltd for £15.7 million on June 27, 2025. An initial cash consideration of £10.2 million, plus a deferred payment of approximately £1.5 million plus a one year earn out, which could result in a maximum total consideration of £15.7 million. The initial consideration is being financed through the Company's existing cash reserves and a new £6.0 million loan being provided by Wasdell Holdings Limited. The earn out is based on a multiple of the average EBITDA for the year ended 28 February 2025 and year ending 28 February 2026. The acquisition is expected to be margin and earnings enhancing, and cash generative.
For the period ending February 28, 2025, Advantage NRG Ltd reported total revenue of £11.1 million and EBITDA of £1.7 million and employs approximately 155 skilled operatives. As of February 28, 2025, Advantage NRG Ltd reported total common equity of £2.5 million.
Matthew Johnson and Adam Cowl of SP Angel Corporate Finance LLP acted as financial advisor for Hercules Plc.
Hercules Plc (AIM:HERC) completed the acquisition of Advantage NRG Ltd on June 27, 2025. Announcement • Jun 19
Hercules plc Declares Interim Dividend, Payable on August 22, 2025 Hercules Plc announced that the Board has declared an interim dividend of 0.6 pence per share (2024: 0.6 pence). The dividend will be paid on August 22, 2025 to shareholders on the register as of July 18, 2025, with the shares going ex-dividend on July 17, 2025. Declared Dividend • Jun 19
First half dividend of UK£0.006 announced Dividend of UK£0.006 is the same as last year. Ex-date: 17th July 2025 Payment date: 22nd August 2025 Dividend yield will be 3.9%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next year, which should provide support to the dividend and adequate earnings cover. New Risk • Jun 18
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.7% Last year net profit margin: 2.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (UK£35.4m market cap, or US$47.5m). Reported Earnings • Jun 17
First half 2025 earnings released First half 2025 results: Revenue: UK£54.6m (up 12% from 1H 2024). Net income: UK£1.10m (up 450% from 1H 2024). Profit margin: 2.0% (up from 0.4% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Construction industry in the United Kingdom. Announcement • Jun 14
Hercules Plc (AIM:HERC) acquired Business and assets of Quality Transport Training Ltd. Hercules Plc (AIM:HERC) acquired Business and assets of Quality Transport Training Ltd on June 12, 2025.
SP Angel Corporate Finance LLP acted as financial advisor for Hercules Plc.
Hercules Plc (AIM:HERC) completed the acquisition of Business and assets of Quality Transport Training Ltd on June 12, 2025. Announcement • Jun 11
Hercules Plc to Report First Half, 2025 Results on Jun 17, 2025 Hercules Plc announced that they will report first half, 2025 results on Jun 17, 2025 Announcement • May 07
Hercules Site Services Plc Provides Revenue Guidance for the Six Months Ended 31 March 2025 Hercules Site Services Plc provided revenue guidance for the six months ended 31 March 2025. The Company announced it is trading in line with market expectations, with revenue expected to be more than £54 million for the first six months of the Company's financial year. This represents an increase of c. 17% on continuing operations compared to the six months ended 31 March 2024 (£46.2 million). The Company's revenue growth has been underpinned by continuing momentum at key infrastructure sites in the UK, and boosted by government commitments to the sector,reinforcing the Company's strategy to focus on its Labour Supply business. Announcement • Mar 10
Hercules Site Services plc Announces the Appointment of Jacques Kriel as Business Development Director (Non-Board) to Grow Hercules' Core Labour Supply Business Hercules Site Services plc announced the appointment of Jacques Kriel as Business Development Director (non-Board) to grow Hercules' core Labour Supply business. Jacques brings a wealth of experience in business development, infrastructure delivery and strategic growth across the civil engineering and construction industries. With a proven track record in expanding market presence and fostering strong industry partnerships, Jacques' expertise will play a crucial role in driving Hercules' continued growth and expansion. Jacques will be responsible for leading the Company's business development strategy, identifying new opportunities and strengthening Hercules' position within key infrastructure sectors, including rail, highways, utilities, nuclear and power & energy. Jacques, who will work closely with Hercules' CEO Brusk Korkmaz, has previously held managerial roles at major construction and labour supply companies. Announcement • Feb 26
Hercules Site Services Plc, Annual General Meeting, Mar 17, 2025 Hercules Site Services Plc, Annual General Meeting, Mar 17, 2025. Location: hercules court, lakeside business park, cirencester, gl7 5xz, south cerney United Kingdom Reported Earnings • Feb 19
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: UK£0.026 (down from UK£0.027 in FY 2023). Revenue: UK£101.9m (up 28% from FY 2023). Net income: UK£1.64m (down 2.0% from FY 2023). Profit margin: 1.6% (down from 2.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Construction industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 13
Upcoming dividend of UK£0.011 per share Eligible shareholders must have bought the stock before 20 February 2025. Payment date: 21 March 2025. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (5.7%). In line with average of industry peers (3.1%). Major Estimate Revision • Jan 20
Consensus EPS estimates increase by 245% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from UK£0.011 to UK£0.037. Revenue forecast steady at UK£111.4m. Net income forecast to grow 77% next year vs 7.6% growth forecast for Construction industry in the United Kingdom. Consensus price target of UK£0.73 unchanged from last update. Share price was steady at UK£0.45 over the past week. Declared Dividend • Jan 16
Final dividend of UK£0.011 announced Dividend of UK£0.011 is the same as last year. Ex-date: 20th February 2025 Payment date: 21st March 2025 Dividend yield will be 3.9%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 47% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 14
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: UK£0.026 (up from UK£0.013 in FY 2023). Revenue: UK£101.9m (up 20% from FY 2023). Net income: UK£1.64m (up 112% from FY 2023). Profit margin: 1.6% (up from 0.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Construction industry in the United Kingdom. Announcement • Jan 06
Hercules Site Services Plc to Report Fiscal Year 2024 Results on Jan 13, 2025 Hercules Site Services Plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Jan 13, 2025 Price Target Changed • Oct 10
Price target increased by 11% to UK£0.70 Up from UK£0.63, the current price target is an average from 3 analysts. New target price is 53% above last closing price of UK£0.46. Stock is up 79% over the past year. The company is forecast to post earnings per share of UK£0.0079 for next year compared to UK£0.013 last year. Announcement • Oct 09
Hercules Site Services plc Provides Earnings Guidance for the Year Ended 30 September 2024 Hercules Site Services Plc provided earnings guidance for the year ended 30 September 2024. For the year, the company revenue is expected to be over £105 million, representing an increase of c. 24% on the prior year ended 30 September 2023 (£84.7 million). New Risk • Sep 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% 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 Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Dividend is not well covered by earnings (189% payout ratio). Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (UK£34.4m market cap, or US$46.1m). New Risk • Aug 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Dividend is not well covered by earnings (189% payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (UK£30.1m market cap, or US$38.2m). Major Estimate Revision • Jun 10
Consensus EPS estimates fall by 47% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from UK£0.0159 to UK£0.0085 per share. Revenue forecast steady at UK£95.1m. Net income forecast to grow 24% next year vs 20% growth forecast for Construction industry in the United Kingdom. Consensus price target of UK£0.63 unchanged from last update. Share price was steady at UK£0.41 over the past week. Declared Dividend • Jun 05
First half dividend of UK£0.006 announced Dividend of UK£0.006 is the same as last year. Ex-date: 18th July 2024 Payment date: 22nd August 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not covered by earnings (189% earnings payout ratio). However, it is well covered by cash flows (14% cash payout ratio). The dividend has increased over the past 2 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 110% to bring the payout ratio under control. EPS is expected to grow by 105% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Buy Or Sell Opportunity • Jun 03
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 42% to UK£0.41. The fair value is estimated to be UK£0.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has declined by 244%. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Major Estimate Revision • May 17
Consensus EPS estimates increase by 72% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from UK£0.0093 to UK£0.0159. Revenue forecast steady at UK£95.1m. Net income forecast to shrink 19% next year vs 20% growth forecast for Construction industry in the United Kingdom . Consensus price target of UK£0.63 unchanged from last update. Share price rose 16% to UK£0.37 over the past week. Announcement • May 16
Hercules Site Services Plc Provides Revenue Guidance for the Six Months Ended 31 March 2024 Hercules Site Services Plc provided revenue guidance for the six months ended 31 March 2024. The revenue expected to be over £47 million for the first six months. This represents an increase of c. 27% on the six months to 31 March 2023 (£37.0 million). Announcement • May 15
Hercules Site Services Plc to Report First Half, 2024 Results on Jun 03, 2024 Hercules Site Services Plc announced that they will report first half, 2024 results on Jun 03, 2024 Upcoming Dividend • Feb 15
Upcoming dividend of UK£0.011 per share at 4.8% yield Eligible shareholders must have bought the stock before 22 February 2024. Payment date: 22 March 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (6.1%). Higher than average of industry peers (3.7%). Announcement • Feb 10
Hercules Site Services Plc, Annual General Meeting, Mar 11, 2024 Hercules Site Services Plc, Annual General Meeting, Mar 11, 2024, at 16:00 Coordinated Universal Time. Location: Hercules Court, Lakeside Business Park, South Cerney, Cirencester United Kingdom Major Estimate Revision • Jan 22
Consensus revenue estimates increase by 14%, EPS downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from UK£83.4m to UK£95.0m. EPS estimate fell from UK£0.023 to UK£0.0093. Net income forecast to shrink 25% next year vs 15% growth forecast for Construction industry in the United Kingdom . Consensus price target down from UK£0.65 to UK£0.63. Share price fell 2.0% to UK£0.24 over the past week. Reported Earnings • Jan 15
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: UK£0.013 (up from UK£0.006 in FY 2022). Revenue: UK£84.7m (up 71% from FY 2022). Net income: UK£770.2k (up 140% from FY 2022). Profit margin: 0.9% (up from 0.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Construction industry in the United Kingdom. Announcement • Jan 15
Hercules Site Services plc Propose Final Dividend, Payable on 22 March 2024 Hercules Site Services Plc proposed a final dividend of 1.12 pence per share (2022: 1.12 pence). The dividend will be paid on 22 March 2024 to shareholders on the register at close of business on 23 February 2024. The shares will go ex-dividend on 22 February 2024 . New Risk • Dec 22
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 Interest payments are not well covered by earnings (0.9x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 162% Paying a dividend despite having no free cash flows. High level of non-cash earnings (40% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Shareholders have been diluted in the past year (8.1% increase in shares outstanding). Market cap is less than US$100m (UK£15.9m market cap, or US$20.2m). Announcement • Dec 13
Hercules Site Services Plc to Report Fiscal Year 2023 Results on Jan 15, 2024 Hercules Site Services Plc announced that they will report fiscal year 2023 results on Jan 15, 2024 Announcement • Nov 30
Hercules Site Services Plc (AIM:HERC) agreed to acquire Future Build Recruitment Limited from the vendors for £1.3 million. Hercules Site Services Plc (AIM:HERC) agreed to acquire Future Build Recruitment Limited from the vendors for £1.3 million on November 30, 2023. The consideration comprises 1,001,000 in cash and the issue of 994,431 shares (the "Consideration Shares") at a price of 25.14 pence per share, representing the 10 day volume weighted average price ending 28 November. The cash element is financed through the Company's existing cash resources. The Consideration Shares are subject to a 12-month lock-in agreement followed by a 12-month orderly market agreement. The vendors of Future Build (the "Vendors") can sell the remaining 40% minority interest in Future Build to Hercules, subject to the terms of the partnership agreement. The Acquisition will complete on the admission of the Consideration Shares to trading on AIM which will be on or around December 1, 2023. Adrian Hadden and team of Cavendish Securities PLC, Matthew Johnson and team of SP Angel Corporate Finance LLP acted as financial advisor to Hercules in this transaction. Price Target Changed • Oct 18
Price target decreased by 12% to UK£0.65 Down from UK£0.74, the current price target is an average from 3 analysts. New target price is 143% above last closing price of UK£0.27. Stock is down 39% over the past year. The company is forecast to post earnings per share of UK£0.014 for next year compared to UK£0.0058 last year. Announcement • Oct 17
Hercules Site Services plc Provides Earnings Guidance for the Year Ended 30 September 2023 Hercules Site Services Plc provided earnings guidance for the year ended 30 September 2023. The company expects revenue for the fiscal year 2023 to be ahead of market expectations. Revenue is expected to be over £80 million, representing an increase of c. 60% on the prior year ended 30 September 2022 (fiscal year 2022) (£49.5 million). Announcement • Jun 27
Hercules Site Services plc Announces Interim Dividend, Payable on 24 August 2023 Hercules Site Services plc announced an amendment to the interim dividend timetable announced in its interim results on 5 June 2023. The interim dividend of 0.6p will be paid on 24 August 2023 to shareholders on the register at close of business on 21 July 2023. The shares will go ex-dividend on 20 July 2023. Announcement • May 16
Hercules Site Services plc Provides Revenue Guidance for the Six Months Ended 31 March 2023 Hercules Site Services Plc provided revenue guidance for the six months ended 31 March 2023. The Company is trading in line with market expectations for the full year to 30 September 2023, with revenue expected to be over £37 million for the first six months. This represents an increase of c. 85% on the six months to 31 March 2022 (£19.9 million). Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: UK£0.006 (vs UK£0.003 loss in FY 2021) Full year 2022 results: EPS: UK£0.006 (up from UK£0.003 loss in FY 2021). Revenue: UK£49.5m (up 51% from FY 2021). Net income: UK£320.9k (up UK£377.1k from FY 2021). Profit margin: 0.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Construction industry in the United Kingdom. Upcoming Dividend • Feb 16
Upcoming dividend of UK£0.011 per share at 2.9% yield Eligible shareholders must have bought the stock before 23 February 2023. Payment date: 24 March 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (3.5%). Announcement • Feb 14
Hercules Site Services Plc, Annual General Meeting, Mar 13, 2023 Hercules Site Services Plc, Annual General Meeting, Mar 13, 2023, at 14:00 Coordinated Universal Time. Location: Hercules Court, Lakeside Business P South Cerney, Cirencester, GL7 5XL Cirencester United Kingdom Reported Earnings • Jan 17
Full year 2022 earnings released: EPS: UK£0.006 (vs UK£0.003 loss in FY 2021) Full year 2022 results: EPS: UK£0.006 (up from UK£0.003 loss in FY 2021). Revenue: UK£49.5m (up 51% from FY 2021). Net income: UK£320.9k (up UK£377.1k from FY 2021). Profit margin: 0.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Construction industry in the United Kingdom. Announcement • Jan 17
Hercules Site Services plc Propose Final Dividend, Payable on 24 March 2023 The Board of Hercules Site Services Plc propose a final dividend of 1.12 pence per share. Hercules Real Estate Limited, the Company's 71.7% shareholder, has again waived its entitlement to this payment. The dividend will be paid on 24 March 2023 to shareholders on the register at close of business on 24 February 2023. The shares will go ex-dividend on 23 February 2023. Announcement • Dec 20
Hercules Site Services Plc to Report Fiscal Year 2022 Results on Jan 16, 2023 Hercules Site Services Plc announced that they will report fiscal year 2022 results on Jan 16, 2023 Board Change • Nov 16
Less than half of directors are independent There are 5 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: 5 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). CEO & Director Brusk Korkmaz is the most experienced director on the board, commencing their role in 2008. Independent Non-Executive Director Richard Kilner was the last independent director to join the board, commencing their role in 2022. 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. Announcement • Nov 09
Hercules Site Services plc Announces Skills Portal Launch for HS2 Hercules Site Services plc announced that it has launched its skills portal, the Skills, Employment and Education (SEE) Everything Portal, which has been developed in conjunction with the Balfour Beatty Vinci Systra (BBVS) joint venture on the HS2 rail project. The launch follows the completion of successful trials, triggering an initial payment of £44,000 to Hercules. The company and BBVS have now entered into a licence agreement regarding the SEE Everything Portal's full implementation and use at the Old Oak Common regeneration project in west London. This represents a significant milestone in Hercules' strategy to monetise and white label its digital tools for major projects. The Company is now well positioned to progress a pipeline of licensing opportunities across the public and private sectors to secure additional recurring revenue. The SEE Everything Portal aims to reduce the time and resource spent coordinating, tracking, monitoring and validating data on equality, diversity, inclusion, skills, employment and education outputs on infrastructure and construction projects. Reports can be produced for any of the recorded data and have proven to be key in measuring SEE performance and demonstrating capabilities and awareness for tendering. The portal can be easily accessed and used across all types of devices and it utilises a user-friendly web-based interface that delivers seamless stakeholder coordination. The standardised collection of 'live' data enables contractors and sub-contractors to become more embedded in the local community and achieve more project SEE targets generating additional benefits for local people. Contractors are increasingly required to demonstrate the SEE impact of a project when entering into a tendering process following the implementation of the Social Value Act (2012). This has meant that social value has become an ever-growing metric that is being required across all sectors, especially for public spending. Announcement • Oct 17
Hercules Site Services plc Provides Revenue Guidance for the Year 2022 Hercules Site Services Plc announced that the Company expects its FY22 results to be in line with market expectations, with revenue expected to be over £45 million. This represents an increase of c. 38% on the prior year ended 30 September 2021 ("FY21") (£32.7 million). All income streams grew, each with their own individual drivers, underpinned by the substantial demand in the infrastructure sector. Reported Earnings • Jun 10
First half 2022 earnings released First half 2022 results: UK£0.01 loss per share. Revenue: UK£20.0m (flat on 1H 2021). Net loss: UK£123.0k (flat on 1H 2021). Over the next year, revenue is forecast to grow 39%, compared to a 5.2% growth forecast for the industry in the United Kingdom. Announcement • Jun 09
Hercules Site Services Plc Declares Interim Dividend, Payable on August 24, 2022 The Board of Hercules Site Services Plc to declare an interim dividend of 0.6p per share. Hercules Real Estate Limited, the Company's 71% shareholder, has waived its entitlement to this payment. The interim dividend will be paid on 24 August 2022 to shareholders on the register at close of business on 22 July 2022. The shares will go ex-dividend on 21 July 2022. Announcement • May 25
Hercules Site Services Plc to Report Q2, 2022 Results on Jun 06, 2022 Hercules Site Services Plc announced that they will report Q2, 2022 results on Jun 06, 2022 Board Change • Apr 27
Less than half of directors are independent There are 5 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: 5 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). CEO & Director Brusk Korkmaz is the most experienced director on the board, commencing their role in 2008. Independent Non-Executive Director Richard Kilner was the last independent director to join the board, commencing their role in 2022. 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. Announcement • Mar 31
Hercules Site Services Plc, Annual General Meeting, May 25, 2022 Hercules Site Services Plc, Annual General Meeting, May 25, 2022, at 13:00 Coordinated Universal Time. Location: Hercules Court, Lakeside Business Park Broadway Lane, Cirencester GL7 5XZ Cirencester United Kingdom Agenda: Annual General Meeting. Announcement • Mar 29
Hercules Site Services plc Proposes Inaugural Dividend for the Year Ended September 30, 2021, June 1, 2022 The Board of Hercules Site Services Plc announced adoption of a progressive dividend policy with a proposed inaugural dividend of 1.7 pence per share for the year ended 30 September 2021. The dividend will be paid on 1 June 2022 to shareholders on the register at close of business on 29 April 2022. The shares will go ex-dividend on 28 April 2022. Board Change • Feb 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. CFO & Director Paul Wheatcroft was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 06
Hercules Site Services Plc has completed an IPO in the amount of £8 million. Hercules Site Services Plc has completed an IPO in the amount of £8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,208,236
Price\Range: £0.505
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 633,348
Price\Range: £0.505