Announcement • Mar 05
Avation plc Appoints Andrew Hiscock as Chief Financial Officer, Effective March 4, 2026 Avation PLC announced the appointment of Mr. Andrew Hiscock as Chief Financial Officer, effective March 4, 2026. Mr. Hiscock brings more than 30 years of financial leadership experience, with sector expertise spanning aviation, aerospace, defence, and construction. He qualified as a Chartered Accountant with PricewaterhouseCoopers in London during the 1990s, where he developed a strong technical foundation in audit across industry and commerce sectors, prior to joining GlaxoSmithKline in a series of commercial financial management and control roles. In the early 2000s, Mr. Hiscock was appointed Finance Director of NetJets Europe during a period of significant growth, contributing to the company's consolidation as the market leader in European private aviation. He later served as Chief Financial Officer of Hybrid Air Vehicles, an aerospace and defence company focused on the development of unmanned air vehicle technology. Since relocating to Singapore in 2013, Mr. Hiscock has held senior regional financial leadership responsibilities for ISG plc, overseeing operations across Asia and the Middle East. He holds a Bachelor of Arts degree in Economics and Statistics from the University of Exeter and is a member of the Institute of Chartered Accountants in England and Wales (ICAEW). Reported Earnings • Mar 02
First half 2026 earnings released: US$0.076 loss per share (vs US$0.012 profit in 1H 2025) First half 2026 results: US$0.076 loss per share (down from US$0.012 profit in 1H 2025). Revenue: US$55.5m (up 4.8% from 1H 2025). Net loss: US$4.90m (down US$5.77m from profit in 1H 2025). Revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in the United Kingdom are expected to grow by 5.1%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Feb 26
Avation PLC Announces Appointment of Peter Davis as A Non-Executive Director, Effective from February 26, 2026 Avation PLC announced the appointment of Mr. Peter Davis as a Non-Executive Director of the Company with effect from 26 February 2026. Mr. Davis has over 30 years of corporate finance experience as a treasurer and investment banker with experience in origination and execution across capital markets, loan markets, interest rate and cross currency derivatives, corporate finance, structured finance, corporate treasury and relationship coverage. Mr. Davis was Head of Treasury at BOC Aviation from 2008 to 2022, where he had overall responsibility for debt funding, interest rate risk management, liquidity and cash flow management as well as managing external stakeholder relationships with lenders, institutional debt investors and credit ratings agencies. Prior to his time at BOC Aviation, Mr. Davis held several senior corporate and investment banking roles covering the aviation sector from 1994 to 2008. Mr. Davis holds a Bachelor's degree in Economics from the University of Sydney and is a graduate of the Australian Institute of Company Directors. Announcement • Feb 19
Avation PLC to Report First Half, 2026 Results on Feb 26, 2026 Avation PLC announced that they will report first half, 2026 results on Feb 26, 2026 Price Target Changed • Nov 27
Price target increased by 8.0% to UK£2.70 Up from UK£2.50, the current price target is provided by 1 analyst. New target price is 92% above last closing price of UK£1.41. Stock is down 9.6% over the past year. The company posted a net loss per share of US$0.11 last year. Announcement • Nov 27
Avation PLC Announces Retirement of Dr Stephen Fisher as A Non-Executive Director,Effective November 26,2025 Avation PLC announced that Dr Stephen Fisher, a Non-Executive Director of the Company since April 2014, has retired from the Board with effect from the conclusion of the Company's Annual General Meeting held on 26 November 2025. Dr Fisher's retirement follows the completion of more than nine years' service on the Board, consistent with the timeframes referenced in the UK Corporate Governance Code for long-standing non-executive appointments. The Board recognises this natural transition point and has been engaged in ongoing succession planning to ensure continued strong governance and oversight. Announcement • Nov 05
Avation PLC, Annual General Meeting, Nov 26, 2025 Avation PLC, Annual General Meeting, Nov 26, 2025, at 09:00 Singapore Standard Time. Location: 65 kampong bahru road, 169370, Singapore Upcoming Dividend • Oct 09
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 16 October 2025. Payment date: 30 October 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.5%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (2.2%). Price Target Changed • Oct 05
Price target decreased by 9.1% to UK£2.50 Down from UK£2.75, the current price target is provided by 1 analyst. New target price is 53% above last closing price of UK£1.64. Stock is up 18% over the past year. The company posted a net loss per share of US$0.11 last year. Reported Earnings • Oct 02
Full year 2025 earnings released: US$0.11 loss per share (vs US$0.28 profit in FY 2024) Full year 2025 results: US$0.11 loss per share (down from US$0.28 profit in FY 2024). Revenue: US$112.5m (up 22% from FY 2024). Net loss: US$7.72m (down 139% from profit in FY 2024). Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in the United Kingdom are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Oct 02
Avation PLC Declares Interim Dividend in Respect of the Financial Year Ended 30 June 2025, Payable on 30 October 2025 The Avation PLC has declared an interim dividend of 1.0 US cents per share in respect of the financial year ended 30 June 2025. The timetable for the interim dividend is as follows: Ex-dividend date: 16 October 2025. Record date: 17 October 2025. Payment date: 30 October 2025. New Risk • Sep 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. 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 Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Large one-off items impacting financial results. Announcement • Sep 08
Avation PLC to Report Fiscal Year 2025 Results on Oct 03, 2025 Avation PLC announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Oct 03, 2025 Reported Earnings • Feb 27
First half 2025 earnings released: EPS: US$0.012 (vs US$0.12 loss in 1H 2024) First half 2025 results: EPS: US$0.012 (up from US$0.12 loss in 1H 2024). Revenue: US$53.0m (up 18% from 1H 2024). Net income: US$868.0k (up US$9.67m from 1H 2024). Profit margin: 1.6% (up from net loss in 1H 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.2% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Feb 13
Avation PLC to Report First Half, 2025 Results on Feb 25, 2025 Avation PLC announced that they will report first half, 2025 results on Feb 25, 2025 Announcement • Nov 20
Avation PLC Proposes Final Dividend, Payable on 23 December 2024 Avation PLC proposed final dividend of 0.5 pence per ordinary share, at its AGM to be held on 19 December 2024. Ex-dividend date is 28 November 2024. Record date is 29 November 2024. Payment date is 23 December 2024. Announcement • Nov 19
Avation PLC, Annual General Meeting, Dec 19, 2024 Avation PLC, Annual General Meeting, Dec 19, 2024, at 09:00 Singapore Standard Time. Location: 65 kampong bahru road, 169370, Singapore Reported Earnings • Oct 28
Full year 2024 earnings released: EPS: US$0.28 (vs US$0.18 in FY 2023) Full year 2024 results: EPS: US$0.28 (up from US$0.18 in FY 2023). Revenue: US$92.4m (flat on FY 2023). Net income: US$19.7m (up 53% from FY 2023). Profit margin: 21% (up from 14% in FY 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Oct 25
Avation PLC Appoints Gerry Butler as the New Head of Aircraft Trading and Capital Markets Avation PLC appointed Mr. Gerry Butler as the new Head of Aircraft Trading and Capital Markets. Mr. Butler has over 20 years aircraft leasing and finance experience and a deep understanding of the sector. Mr. Butler's role will involve overseeing the transition, sale and acquisitions of aircraft and will be involved in exploring options future capital markets activities of the Company. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to UK£1.66, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 18x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 63% over the past three years. Reported Earnings • Sep 26
Full year 2024 earnings released: EPS: US$0.28 (vs US$0.17 in FY 2023) Full year 2024 results: EPS: US$0.28 (up from US$0.17 in FY 2023). Revenue: US$96.0m (up 4.5% from FY 2023). Net income: US$19.7m (up 62% from FY 2023). Profit margin: 21% (up from 13% in FY 2023). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 20
Avation PLC to Report Fiscal Year 2024 Results on Sep 26, 2024 Avation PLC announced that they will report fiscal year 2024 results at 6:00 AM, Coordinated Universal Time on Sep 26, 2024 New Risk • Sep 17
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 Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 7.9% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Recent Insider Transactions • Jun 13
Non-Executive Director recently sold UK£201k worth of stock On the 7th of June, Roderick Douglas Mahoney sold around 140k shares on-market at roughly UK£1.43 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of UK£551k more than they bought in the last 12 months. Price Target Changed • May 26
Price target increased by 12% to UK£2.40 Up from UK£2.15, the current price target is an average from 2 analysts. New target price is 70% above last closing price of UK£1.41. Stock is up 12% over the past year. The company posted earnings per share of US$0.17 last year. New Risk • Apr 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£79.0m (US$99.3m) This is considered a minor 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 Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 7.9% per year over the past 5 years. Minor Risk Market cap is less than US$100m (UK£79.0m market cap, or US$99.3m). Announcement • Feb 27
Avation PLC to Report First Half, 2024 Results on Mar 01, 2024 Avation PLC announced that they will report first half, 2024 results on Mar 01, 2024 Recent Insider Transactions • Nov 05
Executive Chairman recently sold UK£375k worth of stock On the 1st of November, Robert Jeffries Chatfield sold around 300k shares on-market at roughly UK£1.25 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert Jeffries' only on-market trade for the last 12 months. Reported Earnings • Nov 02
Full year 2023 earnings released: EPS: US$0.17 (vs US$0.25 in FY 2022) Full year 2023 results: EPS: US$0.17 (down from US$0.25 in FY 2022). Revenue: US$91.9m (down 18% from FY 2022). Net income: US$12.2m (down 29% from FY 2022). Profit margin: 13% (down from 15% in FY 2022). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Oct 29
Avation PLC, Annual General Meeting, Nov 23, 2023 Avation PLC, Annual General Meeting, Nov 23, 2023, at 09:00 Coordinated Universal Time. Location: 65 Kampong Bahru Road, Singapore 169370 Bahru Singapore Agenda: To discuss Report and Accounts; to discuss Remuneration Report; to discuss Remuneration Policy; to discuss Re-election of Stephen John Fisher as Director; to discuss Election of Mark Stephen Shelton as Director; to discuss Re-appointment of Auditors; to discuss Remuneration of Auditors; to discuss External ESG Expenditure; and to discuss Disapplication of Pre-emption Rights. Reported Earnings • Sep 29
Full year 2023 earnings released: EPS: US$0.17 (vs US$0.25 in FY 2022) Full year 2023 results: EPS: US$0.17 (down from US$0.25 in FY 2022). Revenue: US$99.3m (down 12% from FY 2022). Net income: US$12.2m (down 29% from FY 2022). Profit margin: 12% (down from 15% in FY 2022). Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in the United Kingdom are expected to grow by 9.1%. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. New Risk • Sep 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 (1.0x net interest cover). Earnings have declined by 27% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (UK£72.7m market cap, or US$90.0m). New Risk • Sep 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 (1.0x net interest cover). Earnings have declined by 27% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (UK£73.0m market cap, or US$91.9m). New Risk • Jul 16
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£74.1m (US$97.0m) This is considered a minor 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 Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 27% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Market cap is less than US$100m (UK£74.1m market cap, or US$97.0m). Announcement • Jul 06
Avation PLC to Report Fiscal Year 2023 Results on Sep 28, 2023 Avation PLC announced that they will report fiscal year 2023 results on Sep 28, 2023 Reported Earnings • Mar 04
First half 2023 earnings released: EPS: US$0.12 (vs US$0.22 loss in 1H 2022) First half 2023 results: EPS: US$0.12 (up from US$0.22 loss in 1H 2022). Net income: US$8.33m (up US$23.6m from 1H 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Price Target Changed • Feb 08
Price target decreased by 22% to UK£1.85 Down from UK£2.38, the current price target is provided by 1 analyst. New target price is 55% above last closing price of UK£1.20. Stock is up 22% over the past year. The company posted earnings per share of US$0.25 last year. Recent Insider Transactions • Jan 31
Board Member recently sold UK£172k worth of stock On the 25th of January, Roderick Douglas Mahoney sold around 149k shares on-market at roughly UK£1.16 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to UK£1.35, the stock trades at a trailing P/E ratio of 6.8x. Average forward P/E is 12x in the Trade Distributors industry in the United Kingdom. Total loss to shareholders of 56% over the past three years. Major Estimate Revision • Jan 06
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 revenue forecast fell from US$133.4m to US$129.7m. 2023 losses expected to reduce from -US$0.16 to -US$0.14 per share. Trade Distributors industry in the United Kingdom expected to see average net income growth of 10% next year. Consensus price target down from UK£2.38 to UK£2.23. Share price rose 6.7% to UK£1.04 over the past week. Announcement • Dec 14
Avation plc Has Appoints Mark Shelton as Non-Executive Director Avation PLC has appointed Mr. Mark Shelton as a non-executive Director of the Company with immediate effect. Mr. Shelton has held Chief Executive and Chief Financial Officer roles in a variety of industries both in publicly listed and private companies. These industries have included finance, media, aviation, continuous surface mining and fuel distribution. Mr. Shelton held the position of CEO of Skywest Airlines and was instrumental in forming the Virgin Australia Regional Airlines ATR 72 network. Announcement • Nov 19
Avation PLC, Annual General Meeting, Dec 13, 2022 Avation PLC, Annual General Meeting, Dec 13, 2022, at 09:00 Coordinated Universal Time. Location: 65 Kampong Bahru Road, Singapore 169370 Bahru Singapore Agenda: To consider Report and Accounts; Remuneration Report; Re-election of Derek Sharples as Director; Re-appointment of Auditors; Remuneration of Auditors; and to discuss other matters. Price Target Changed • Nov 16
Price target increased to UK£2.38 Up from UK£1.49, the current price target is an average from 2 analysts. New target price is 110% above last closing price of UK£1.13. Stock is up 6.1% over the past year. The company is forecast to post a net loss per share of US$0.15 compared to earnings per share of US$0.25 last year. Board Change • Nov 16
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. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Derek Sharples was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 17% share price gain to UK£1.15, the stock trades at a trailing P/E ratio of 5.5x. Average forward P/E is 11x in the Trade Distributors industry in the United Kingdom. Total loss to shareholders of 58% over the past three years. Reported Earnings • Sep 30
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: US$0.25 (up from US$1.31 loss in FY 2021). Revenue: US$112.2m (down 4.7% from FY 2021). Net income: US$17.1m (up US$102.0m from FY 2021). Profit margin: 15% (up from net loss in FY 2021). Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is expected to decline by 4.8% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in the United Kingdom are expected to grow by 5.1%. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Announcement • Sep 15
Avation PLC Provides Earnings Guidance for the Year Ended June 30, 2022 Avation PLC provided earnings guidance for the year ended June 30, 2022. For the year, the company expected returning to net profit, following a recovery in the performance of the Company and the sector. Announcement • Jul 16
Avation PLC to Report Fiscal Year 2022 Results on Oct 06, 2022 Avation PLC announced that they will report fiscal year 2022 results on Oct 06, 2022 Announcement • Jun 24
Avation plc Appoints Michael Dela Cruz as Head of Technical Avation PLC advised that Michael Dela Cruz has been appointed Head of Technical. Michael is an experienced aviation technical manager who has worked previously in roles at three airlines based in Asia and was previously head of technical for a major Aircraft and Engine Leasing Organization. Price Target Changed • Apr 27
Price target decreased to UK£1.49 Down from UK£1.70, the current price target is provided by 1 analyst. New target price is 90% above last closing price of UK£0.78. Stock is down 28% over the past year. The company is forecast to post earnings per share of US$0.40 next year compared to a net loss per share of US$1.31 last year. 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. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Derek Sharples was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 07
Avation PLC Appoints Soeren Ferre as Head of Commercial Development Avation PLC announced that the company has expanded its operational team with a new head of commercial development, Mr. Soeren Ferre. Mr. Ferre will assist with commercial projects including leasing and trading aircraft. Mr. Ferre was formally the CEO at AerCap Group Services. Soeren also held other positions at AerCap, including Head of Europe, Africa, Middle East and the Asia Pacific, Head of Asia Pacific, and Vice President of Marketing Asia Pacific. Reported Earnings • Mar 06
First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First half 2022 results: US$0.22 loss per share (up from US$0.98 loss in 1H 2021). Revenue: US$57.9m (down 5.6% from 1H 2021). Net loss: US$15.3m (loss narrowed 75% from 1H 2021). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 46%, compared to a 7.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 30
Full year 2021 earnings released: US$1.31 loss per share (vs US$0.15 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: US$117.7m (down 13% from FY 2020). Net loss: US$84.9m (down US$94.6m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 01
Full year 2021 earnings released: US$1.31 loss per share (vs US$0.15 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: US$117.7m (down 13% from FY 2020). Net loss: US$84.9m (down US$94.6m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Announcement • Feb 25
Avation PLC to Report First Half, 2021 Results on Feb 26, 2021 Avation PLC announced that they will report first half, 2021 results on Feb 26, 2021 Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improved over the past week After last week's 17% share price gain to US$1.10, the stock is trading at a trailing P/E ratio of 9.9x, up from the previous P/E ratio of 8.4x. This compares to an average P/E of 26x in the Trade Distributors industry in the United Kingdom. Total return to shareholders over the past three years is a loss of 48%. Announcement • Feb 09
Avation plc Announces New ATR72 Aircraft Lease Avation PLC advised that it has entered into a new lease for an ATR72-600 for delivery from the factory in Toulouse. Delivery to an existing Asian client airline is expected to occur on or around the 10 March 2021. The lease is for eight years and is at current market rates. The aircraft was previously purchased into inventory in December 2019. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$1.06, the stock is trading at a trailing P/E ratio of 9.4x, down from the previous P/E ratio of 11.1x. This compares to an average P/E of 25x in the Trade Distributors industry in the United Kingdom. Total return to shareholders over the past three years is a loss of 53%. Is New 90 Day High Low • Nov 11
New 90-day high: UK£1.38 The company is up 1.0% from its price of UK£1.36 on 13 August 2020. The British market is also up 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Trade Distributors industry, which is up 9.0% over the same period. Valuation Update With 7 Day Price Move • Nov 09
Market bids up stock over the past week After last week's 34% share price gain to US$1.21, the stock is trading at a trailing P/E ratio of 10.3x, up from the previous P/E ratio of 7.7x. This compares to an average P/E of 19x in the Trade Distributors industry in the United Kingdom. Total return to shareholders over the past three years is a loss of 38%. Analyst Estimate Surprise Post Earnings • Nov 05
Revenue misses expectations Revenue missed analyst estimates by 4.8%. Over the next year, revenue is forecast to grow 9.1% while the growth in Trade Distributors industry in the United Kingdom is expected to stay flat. Reported Earnings • Oct 26
Full year earnings released - EPS UK£0.15 Over the last 12 months the company has reported total profits of US$9.71m, down 62% from the prior year. Total revenue was US$136.5m over the last 12 months, up 14% from the prior year. Profit margins were 7.1%, which is lower than the 22% margin from last year. The decrease in margin was driven by higher expenses. Analyst Estimate Surprise Post Earnings • Oct 26
Annual earnings released: Revenue misses expectations Annual revenue missed analyst estimates by 4.8% at US$128.0m. Revenue is forecast to grow 5.7% over the next year, while the growth in Trade Distributors industry in the United Kingdom is expected to stay flat. Is New 90 Day High Low • Oct 15
New 90-day low: UK£1.18 The company is down 27% from its price of UK£1.61 on 17 July 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£1.16 per share.