Announcement • Apr 14
Videndum Plc, Annual General Meeting, May 19, 2026 Videndum Plc, Annual General Meeting, May 19, 2026. Location: regal house, 70 london road, tw1 3qs, london United Kingdom Announcement • Apr 09
Videndum plc Announces Board and Committee Changes, Effective April 30, 2026 Videndum plc announced that Martin Cooke will cease to be an independent non-executive director of the Company with effect from April 30, 2026. Martin was appointed at the end of July 2025 to support the Board with the refinancing of the business that successfully completed on March 30, 2026. At the same time, Graham Oldroyd will cease to be Deputy Chairman and will revert to his former role as Chair of the Finance Committee and an independent non-executive director. Graham will revert to his previous role as an independent non-executive director and Chair of the Finance Committee. Price Target Changed • Apr 07
Price target decreased by 50% to UK£427 Down from UK£850, the current price target is an average from 2 analysts. New target price is 10,332% above last closing price of UK£4.10. Stock is down 97% over the past year. The company is forecast to post a net loss per share of UK£0.031 next year compared to a net loss per share of UK£142 last year. Major Estimate Revision • Apr 07
Consensus EPS estimates upgraded to UK£0.031 loss, revenue downgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from UK£284.6m to UK£264.9m. 2026 losses expected to reduce from -UK£1.40 to -UK£0.031 per share. Consumer Durables industry in the United Kingdom expected to see average net income growth of 16% next year. Consensus price target reaffirmed at UK£427. Share price rose 8.4% to UK£3.82 over the past week. Reported Earnings • Apr 01
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: UK£1.42 loss per share (improved from UK£312 loss in FY 2024). Revenue: UK£228.3m (down 20% from FY 2024). Net loss: UK£71.7m (loss narrowed 51% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, the company's earnings growth rate has exceeded its share price growth rate by 1 percentage points per year. New Risk • Mar 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 43% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (28% average weekly change). Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Market cap is less than US$10m (UK£3.38m market cap, or US$4.48m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Announcement • Mar 23
Videndum Plc(LSE:VID) dropped from FTSE All-Share Index (GBP) Videndum Plc(LSE:VID) dropped from FTSE All-Share Index (GBP) Announcement • Mar 12
Videndum plc Provides Earnings Guidance for the Fiscal Year 2026 Videndum Plc provided earnings guidance for the fiscal year 2026. for the year, the company expects good revenue growth, supported by the introduction of new products in both FY25 and FY26. New Risk • Mar 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£3.73m (US$5.00m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (29% average weekly change). Market cap is less than US$10m (UK£3.73m market cap, or US$5.00m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). New Risk • Feb 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (UK£13.5m market cap, or US$18.2m). New Risk • Dec 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 18% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risk Market cap is less than US$100m (UK£14.0m market cap, or US$18.9m). Announcement • Sep 04
VIJIM Limited acquired JOBY, Inc. from Videndum Plc (LSE:VID). VIJIM Limited acquired JOBY, Inc. from Videndum Plc (LSE:VID) on September 3, 2025. The acquisition amount reaching tens of millions of yuan. The proceeds of the sale will be used to pay down the Group's debt. In addition, Videndum will retain inventory which will be released over time. The main purpose of Weiji Technology's acquisition of JOBY is to further improve the VIJIM Group's layout for different user groups and the European and American markets. After the completion of this acquisition, Weiji Technology will have three brands, Ulanzi, Falcam, and JOBY.
VIJIM Limited completed the acquisition of JOBY, Inc. from Videndum Plc (LSE:VID) on September 3, 2025. Announcement • Aug 07
Videndum Plc to Report First Half, 2025 Results on Aug 06, 2025 Videndum Plc announced that they will report first half, 2025 results on Aug 06, 2025 Reported Earnings • Aug 06
First half 2025 earnings released: UK£0.24 loss per share (vs UK£0.11 loss in 1H 2024) First half 2025 results: UK£0.24 loss per share (further deteriorated from UK£0.11 loss in 1H 2024). Revenue: UK£115.4m (down 25% from 1H 2024). Net loss: UK£23.8m (loss widened 133% from 1H 2024). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Consumer Durables 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 51 percentage points per year, which is a significant difference in performance. Announcement • Jul 31
Videndum Plc Announces Board Changes, Effective July 31, 2025 Videndum plc announced the appointments of Aidan de Brunner and Martin Cooke as non-executive directors with effect from 31 July 2025. Aidan de Brunner is currently a non-executive director at Thames Water. Aidan has significant Board, investment and management experience with particular focus on financial restructurings gained over 25 years across a range of companies including Petrofac, the Trafford Group and London Southend Airport. He qualified in 2000 as a UK Accredited Chartered Accountant. Martin Cooke is currently a non-executive director at Kemble Water Holdings Limited, the ultimate parent of Thames Water. Martin has extensive experience in both an executive and non-executive capacity over a 30-year career across a wide range of sectors. Martin is a Fellow of the Association of Chartered Certified Accountants. Graham Oldroyd, who is currently a non-executive director, with effect from the same date will become Deputy Chairman. Richard Tyson, who has been a non-executive director of the Company since April 2018, will stand down as a director on 31 July 2025. New Risk • Jun 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£73.6m (US$99.5m) 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 Risk Debt is not well covered by operating cash flow (8.0% operating cash flow to total debt). Minor Risk Market cap is less than US$100m (UK£73.6m market cap, or US$99.5m). Reported Earnings • May 01
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: UK£1.56 loss per share (further deteriorated from UK£0.24 loss in FY 2023). Revenue: UK£283.6m (down 7.6% from FY 2023). Net loss: UK£147.0m (loss widened UK£134.9m from FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Consumer Durables 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 42 percentage points per year, which is a significant difference in performance. Board Change • May 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Eva Lindqvist was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 22
Videndum Plc to Report Fiscal Year 2024 Results on Apr 30, 2025 Videndum Plc announced that they will report fiscal year 2024 results on Apr 30, 2025 New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 10% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (UK£70.5m market cap, or US$92.3m). New Risk • Apr 11
New major risk - Revenue and earnings growth Earnings have declined by 10% 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 Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 10% per year over the past 5 years. Minor Risk Market cap is less than US$100m (UK£71.6m market cap, or US$93.6m). Announcement • Mar 20
Videndum plc Announce Executive Changes Videndum plc announced the appointment of Eva Lindqvist to the Board of the Company as an independent Non-Executive Director with effect from 1 April 2025. Eva will at the 2025 Annual General Meeting also succeed Richard Tyson as Senior Independent Director. Richard will remain on the Board as an independent Non-Executive Director. Eva will be a member of the Audit, Remuneration and Nominations Committees. Eva Lindqvist is a Swedish national and an engineer. She was at Ericsson for 20 years focused on strategy, production development and international sales and held positions in Sweden, Australia, USA and Japan. In 2000 she joined the Scandinavian telecommunications company Telia and served as Senior Vice President of Telia Equity before becoming Chief Executive of TeliaSonera International Carrier in 2002. Eva has wide corporate experience having served on the Boards of companies including Acast AB, Bodycote plc, Assa Abloy AB, Mr. Green & Co AB, Sweco AB, Tarsier AB and Keller Group plc. Eva is currently Senior Independent Director at Vesuvius plc, a Non-Executive Director and Chair of Remuneration Committee of CLS Holdings plc, and a Non-Executive Director at Greencoat Renewables plc. Eva is also currently a Non-Executive Director and Chair of Audit Committee at Tele2 AB but will be standing down from this role at Tele2 AB's AGM in May 2025. Eva is a member of the Royal Swedish Academy of Engineering Sciences. New Risk • Feb 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (UK£60.3m market cap, or US$76.0m). Price Target Changed • Jan 23
Price target decreased by 35% to UK£2.83 Down from UK£4.38, the current price target is an average from 2 analysts. New target price is 122% above last closing price of UK£1.27. Stock is down 61% over the past year. The company is forecast to post a net loss per share of UK£0.38 next year compared to a net loss per share of UK£0.24 last year. New Risk • Dec 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. Price Target Changed • Dec 16
Price target increased by 7.6% to UK£4.38 Up from UK£4.07, the current price target is an average from 2 analysts. New target price is 113% above last closing price of UK£2.05. Stock is down 41% over the past year. The company posted a net loss per share of UK£0.24 last year. Reported Earnings • Sep 28
First half 2024 earnings released: UK£0.11 loss per share (vs UK£0.075 profit in 1H 2023) First half 2024 results: UK£0.11 loss per share (down from UK£0.075 profit in 1H 2023). Revenue: UK£153.3m (down 7.1% from 1H 2023). Net loss: UK£10.2m (down 391% from profit in 1H 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 49% per year whereas the company’s share price has fallen by 45% per year. Price Target Changed • Sep 26
Price target decreased by 27% to UK£3.58 Down from UK£4.88, the current price target is an average from 4 analysts. New target price is 28% above last closing price of UK£2.80. Stock is down 6.5% over the past year. The company is forecast to post a net loss per share of UK£0.001 next year compared to a net loss per share of UK£0.24 last year. Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Polly Williams was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 19
Videndum plc Appoints Polly Williams as Non-Executive Director and Chair of the Audit Committee, Effective from 1 July 2024 Videndum plc announced the appointment of Polly Williams to the Board of the Company as a Non-Executive Director and Chair of the Audit Committee with effect from 1 July 2024. Polly will also be a member of the Remuneration and Nominations Committees. Polly Williams is currently Senior Independent Director and Chair of Audit Committee at XP Power Limited, having joined that Board in January 2016. She is a chartered accountant and a former Partner at KPMG LLP, having resigned her partnership in 2003 and since then, has held several Non-Executive directorship roles. Polly is also currently a Non-Executive Director at Royal Bank of Canada Europe Ltd, senior independent director and audit chair at The Rugby Football Union and chair of the board for RBC Brewin Dolphin Limited. Buy Or Sell Opportunity • May 24
Now 21% overvalued Over the last 90 days, the stock has fallen 10% to UK£3.03. The fair value is estimated to be UK£2.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company became loss making. Announcement • May 03
Videndum Plc, Annual General Meeting, Jun 19, 2024 Videndum Plc, Annual General Meeting, Jun 19, 2024. Announcement • May 01
Videndum plc Announces Board Changes Videndum plc announced that further to the announcement on 9 November 2023, Stephen Harris is appointed Chairman with immediate effect. Ian McHoul will remain on the Board as a non-executive director until the conclusion of the 2024 AGM on 19 June 2024. Teté Soto, independent non-executive director, has informed the Board that due to the substantial time commitment tied to the role coupled with her executive duties, she has decided not to seek re-election at the Company's 2024 AGM and will cease to be a director of the Company at the close of that meeting. Price Target Changed • Apr 24
Price target decreased by 8.0% to UK£4.88 Down from UK£5.30, the current price target is an average from 2 analysts. New target price is 75% above last closing price of UK£2.78. Stock is down 64% over the past year. The company is forecast to post earnings per share of UK£0.097 next year compared to a net loss per share of UK£0.24 last year. Reported Earnings • Apr 24
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: UK£0.24 loss per share (down from UK£0.71 profit in FY 2022). Revenue: UK£306.9m (down 32% from FY 2022). Net loss: UK£12.1m (down 137% from profit in FY 2022). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. Announcement • Apr 23
Erika Schraner, Independent Non-Executive Director and Chair of the Audit Committee Informs Videndum plc of Her Intention Not to Seek Re-Election The Board of Videndum plc announced that independent Non-Executive Director and Chair of the Audit Committee, Dr. Erika Schraner has informed the Board of her intention not to seek re-election at Videndum's forthcoming AGM on 19 June 2024. Erika intends to pursue new opportunitiesas Videndum, supported by a successful equity raise, enters a new phase. The Board has started a search for a new Chair of the Audit Committee. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to UK£2.70, the stock trades at a trailing P/E ratio of 14.9x. Average forward P/E is 14x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 74% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£2.94 per share. Recent Insider Transactions • Dec 11
Group CEO & Director recently bought UK£250k worth of stock On the 8th of December, Stephen Bird bought around 94k shares on-market at roughly UK£2.67 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Stephen's only on-market trade for the last 12 months. New Risk • Dec 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 104% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin). Announcement • Dec 08
Videndum Plc has completed a Follow-on Equity Offering in the amount of £125.145001 million. Videndum Plc has completed a Follow-on Equity Offering in the amount of £125.145001 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 28,122,472
Price\Range: £2.67
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 18,748,315
Price\Range: £2.67
Transaction Features: Regulation S; Rights Offering; Subsequent Direct Listing Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to UK£3.41, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£4.54 per share. Announcement • Nov 10
Videndum plc Appoints Stephen Harris as Non-Executive Director and Chairman Designate with effect from 9 November 2023 Bodycote plc announced that Stephen Harris, Group Chief Executive, has been appointed as a Non-Executive Director and Chairman Designate of Videndum plc with effect from 9 November 2023. Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Graham Oldroyd was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 13
Xsolla (USA), Inc. acquired Infiniscene, Inc. from Videndum Plc (LSE:VID). Xsolla (USA), Inc. acquired Infiniscene, Inc. from Videndum Plc (LSE:VID) on October 11, 2023.Xsolla (USA), Inc. completed the acquisition of Infiniscene, Inc. from Videndum Plc (LSE:VID) on October 11, 2023. Announcement • Oct 12
Videndum plc Appoints Graham Oldroyd to Board as Non-Executive Director and Member of Audit, Remuneration and Nominations Committees Videndum plc announced the appointment of Graham Oldroyd to the Board of the Company as a Non-Executive Director with effect from 12 October 2023. Graham will also be a member of the Audit, Remuneration and Nominations Committees. Graham Oldroyd is a Non-Executive Director of The Global Smaller Companies Trust PLC. He also holds director positions at unlisted companies, including as Chair of Ideal Standard International NV, as a non-executive director at Tunstall Integrated Healthcare Holdings Ltd, and Chair at MCF Limited. Formerly, Graham was a non-executive director of PHS Group Investments Ltd, Nobina AB and Henderson Alternative Strategies Trust plc (where he was Chair of the Audit Committee from 2014 - 2020). He was a partner with 23 years' service at European private equity fund manager Bridgepoint until June 2013. A graduate in Engineering from Cambridge University, Graham also holds an MBA from INSEAD Business School. He is a Chartered Engineer, a Fellow of the Institution of Mechanical Engineers, and a Member of the Chartered Institute for Securities & Investment. Recent Insider Transactions • Oct 06
Divisional CEO for Creative Solutions recently bought UK£64k worth of stock On the 2nd of October, Marco Vidali bought around 20k shares on-market at roughly UK£3.19 per share. This transaction increased Marco's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought UK£113k more in shares than they have sold in the last 12 months. Major Estimate Revision • Oct 05
Consensus revenue estimates fall by 24% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from UK£409.2m to UK£309.2m. EPS estimate fell from UK£0.454 to UK£0.188 per share. Net income forecast to grow 19% next year vs 3.3% decline forecast for Consumer Durables industry in the United Kingdom. Consensus price target of UK£11.08 unchanged from last update. Share price rose 6.3% to UK£3.19 over the past week. Recent Insider Transactions Derivative • Oct 05
Group CEO & Director exercised options and sold UK£106k worth of stock On the 29th of September, Stephen Bird exercised options to acquire 34k shares at no cost and sold these for an average price of UK£3.10 per share. This trade did not impact their existing holding. For the year to December 2016, Stephen's total compensation was 31% salary and 69% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Stephen's direct individual holding has increased from 196.19k shares to 217.08k. Company insiders have collectively sold UK£127k more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Sep 27
First half 2023 earnings released: EPS: UK£0.052 (vs UK£0.40 in 1H 2022) First half 2023 results: EPS: UK£0.052 (down from UK£0.40 in 1H 2022). Revenue: UK£165.0m (down 25% from 1H 2022). Net income: UK£2.40m (down 87% from 1H 2022). Profit margin: 1.5% (down from 8.3% in 1H 2022). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorates as stock falls 32% After last week's 32% share price decline to UK£3.47, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£3.33 per share. Announcement • Sep 26
Ian Mchoul, Chairman Informs Videndum Plc of His Intention Not to Seek Re-Election The Board of Videndum plc announced that Ian McHoul, Chairman, has informed the Board of his intention not to seek re-election at the Company's 2024 AGM due to personal reasons. The Board has commenced a search process for a replacement that will be led by Richard Tyson, Senior Independent Director. Ian McHoul was appointed to the Board on 25 February 2019 and succeeded as Chairman on 21 May 2019. Price Target Changed • Aug 04
Price target decreased by 16% to UK£11.44 Down from UK£13.58, the current price target is an average from 4 analysts. New target price is 106% above last closing price of UK£5.56. Stock is down 58% over the past year. The company is forecast to post earnings per share of UK£0.38 for next year compared to UK£0.71 last year. Major Estimate Revision • Aug 03
Consensus EPS estimates fall by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from UK£453.3m to UK£438.3m. EPS estimate also fell from UK£0.681 per share to UK£0.551 per share. Net income forecast to shrink 21% next year vs 16% decline forecast for Consumer Durables industry in the United Kingdom. Consensus price target of UK£13.14 unchanged from last update. Share price fell 8.2% to UK£5.51 over the past week. Price Target Changed • Jul 07
Price target decreased by 9.5% to UK£13.14 Down from UK£14.51, the current price target is an average from 4 analysts. New target price is 112% above last closing price of UK£6.20. Stock is down 53% over the past year. The company is forecast to post earnings per share of UK£0.68 for next year compared to UK£0.71 last year. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to UK£7.23, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 9.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£11.88 per share. Announcement • May 12
Videndum plc Approves to Declare A Final Dividend Videndum Plc at it 2023 AGM approved to declare a final dividend of 25 pence per ordinary share. Price Target Changed • May 07
Price target decreased by 8.6% to UK£13.26 Down from UK£14.51, the current price target is an average from 5 analysts. New target price is 77% above last closing price of UK£7.51. Stock is down 39% over the past year. The company is forecast to post earnings per share of UK£0.80 for next year compared to UK£0.71 last year. Major Estimate Revision • May 04
Consensus EPS estimates increase by 14%, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from UK£478.3m to UK£473.3m. EPS estimate rose from UK£0.709 to UK£0.804. Net income forecast to grow 16% next year vs 1.5% decline forecast for Consumer Durables industry in the United Kingdom. Consensus price target down from UK£14.51 to UK£13.81. Share price fell 6.7% to UK£7.35 over the past week. Upcoming Dividend • Apr 13
Upcoming dividend of UK£0.25 per share at 4.6% yield Eligible shareholders must have bought the stock before 20 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (5.6%). Recent Insider Transactions Derivative • Apr 11
Group CEO & Director exercised options to buy UK£51k worth of stock. On the 4th of April, Stephen Bird exercised options to buy 6k shares at a strike price of around UK£8.89, costing a total of UK£54k. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. Since September 2022, Stephen has owned 196.19k shares directly. Company insiders have collectively bought UK£113k more than they sold, via options and on-market transactions, in the last 12 months. Major Estimate Revision • Mar 07
Consensus EPS estimates fall by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from UK£483.3m to UK£469.9m. EPS estimate also fell from UK£0.751 per share to UK£0.553 per share. Net income forecast to shrink 14% next year vs 4.6% decline forecast for Consumer Durables industry in the United Kingdom. Consensus price target down from UK£16.35 to UK£14.51. Share price fell 7.6% to UK£9.11 over the past week. Price Target Changed • Mar 06
Price target decreased by 11% to UK£14.51 Down from UK£16.35, the current price target is an average from 5 analysts. New target price is 58% above last closing price of UK£9.20. Stock is down 17% over the past year. The company is forecast to post earnings per share of UK£0.55 for next year compared to UK£0.71 last year. Reported Earnings • Mar 01
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: UK£0.71 (up from UK£0.56 in FY 2021). Revenue: UK£451.2m (up 14% from FY 2021). Net income: UK£32.9m (up 27% from FY 2021). Profit margin: 7.3% (up from 6.6% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.0%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 1.6% decline forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to UK£9.33, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 6.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£11.98 per share. Buying Opportunity • Feb 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 25%. The fair value is estimated to be UK£12.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings is also forecast to grow by 16% per annum over the same time period. Announcement • Nov 24
Videndum plc Announces the Appointment of Teté Soto to the Board of the Company as A Non-Executive Director Videndum Plc announced the appointment of Teté Soto to the Board of the Company as a Non-Executive Director with effect from 24 November 2022. Teté will also be a member of the Audit, Remuneration and Nominations Committees. Teté Soto has recently joined The Access Group as Senior Vice President of Marketing and was formerly Chief Executive Officer of Amigo Technology Limited, a cloud-based technology platform. Between 2013 and 2021 Teté held several roles at O2 including Transformation Director, Customer Marketing Director and General Manager, Online and Multichannel. Prior to O2, Teté worked at AllSaints as Global eCommerce Director and Dixons as Head of eCommerce Strategy & Planning. Teté is a Spanish national and holds a degree in Law and Business Administration from ICADE and an MBA from INSEAD.