Board Change • Apr 07
Less than half of directors are independent Following Director Marcia Higgs' arrival on 01 April 2026, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Annie Devoy was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Nov 26
Consensus EPS estimates fall by 47% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from UK£31.1m to UK£28.3m. EPS estimate also fell from UK£0.047 per share to UK£0.025 per share. Net income forecast to grow 223% next year vs 12% growth forecast for Capital Markets industry in the United Kingdom. Consensus price target down from UK£1.72 to UK£1.30. Share price fell 8.5% to UK£0.65 over the past week. Reported Earnings • Nov 24
First half 2026 earnings released: UK£0.011 loss per share (vs UK£0.005 loss in 1H 2025) First half 2026 results: UK£0.011 loss per share (further deteriorated from UK£0.005 loss in 1H 2025). Revenue: UK£12.7m (down 12% from 1H 2025). Net loss: UK£476.0k (loss widened 118% from 1H 2025). Revenue is forecast to grow 14% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 19
Price target decreased by 22% to UK£1.30 Down from UK£1.66, the current price target is provided by 1 analyst. New target price is 83% above last closing price of UK£0.71. Stock is down 28% over the past year. The company is forecast to post earnings per share of UK£0.025 for next year compared to UK£0.02 last year. Announcement • Nov 04
Manolete Partners Plc to Report First Half, 2026 Results on Nov 19, 2025 Manolete Partners Plc announced that they will report first half, 2026 results on Nov 19, 2025 New Risk • Sep 16
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 7.6% 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 Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (UK£40.7m market cap, or US$55.6m). Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to UK£1.13, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 14x in the Capital Markets industry in the United Kingdom. Total loss to shareholders of 47% over the past three years. Announcement • Aug 22
Manolete Appoints Will Sawyer as Its Chief Financial Officer with Effect from 15 December 2025 Manolete announced that Will Sawyer has agreed to join the Company as its Chief Financial Officer with effect from 15 December 2025. Will has built a wealth of expertise in finance and accounting over his 25-year career to date, alongside the last seven years as a board member of a publicly listed company, providing him with highly relevant experience for the post. Will has today resigned from Zinc Media Group PLC, an AIM-listed Company where he has been the CFO since October 2018, to take up the role with Manolete. Prior to this he was the Finance Director of ITN Productions having previously qualified as a Chartered Accountant with Deloitte and worked as a corporate finance manager at the BBC. William David Sawyer, aged 47, is currently a director of: Zinc Media Group PLC, Films of Record Ltd, Blakeway Productions Ltd, Zinc Television London Ltd, Ten Alps Communicate Ltd, Zinc Television Regions Ltd, Tern Television Productions Ltd, Zinc Communicate CSR Ltd, Children's Traffic Club Ltd, Zinc Communicate Productions Ltd, Reef Television Ltd, The Edge Picture Co Ltd, Zinc 6000 Bicycles Ltd, Tomos TV Ltd. Raw Cut PI Ltd, Raw Cut Television Ltd, Raw Cut Distribution Ltd, Raw Cut Productions Ltd, Raw Cut Ventures Ltd. He has also been a director of The Story Mechanics Ltd. within the last 5 years. Announcement • Aug 20
Manolete Partners Plc, Annual General Meeting, Sep 16, 2025 Manolete Partners Plc, Annual General Meeting, Sep 16, 2025. Location: instinctif partners, 131 finsbury pavement, london ec2a 1nt United Kingdom Board Change • Jul 01
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. 4 experienced directors. 1 highly experienced director. MD of London, Head of Group Legal & Director Mena Halton was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 29
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: UK£0.02 (down from UK£0.021 in FY 2024). Revenue: UK£30.5m (up 16% from FY 2024). Net income: UK£893.0k (down 4.3% from FY 2024). Profit margin: 2.9% (down from 3.5% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Capital Markets industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Announcement • Jun 19
Manolete Partners Plc to Report Fiscal Year 2025 Results on Jun 26, 2025 Manolete Partners Plc announced that they will report fiscal year 2025 results at 6:00 AM, Coordinated Universal Time on Jun 26, 2025 New Risk • Jun 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (UK£35.9m market cap, or US$48.6m). Announcement • Apr 07
Manolete Partners Plc Announces CFO Changes Manolete Partners Plc announced that its Chief Financial Officer, Mark Taverner, has left the business on April 7, 2025 and the Company will now conduct a formal search to identify a replacement. While this review is conducted Mark's role will be filled by the Company's current financial controller Rachel Lindley Janes, who has been with the Company for over three years and who will assume the title Interim Head of Finance, a non-Board role. New Risk • Jan 28
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 7.8% 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 Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (UK£37.2m market cap, or US$46.2m). New Risk • Nov 20
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: 0.3% Last year net profit margin: 7.3% 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 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 (0.3% net profit margin). Market cap is less than US$100m (UK£44.6m market cap, or US$56.5m). Announcement • Oct 24
Manolete Partners Plc to Report First Half, 2025 Results on Nov 19, 2024 Manolete Partners Plc announced that they will report first half, 2025 results on Nov 19, 2024 Announcement • Sep 09
Manolete Partners Plc, Annual General Meeting, Sep 30, 2024 Manolete Partners Plc, Annual General Meeting, Sep 30, 2024. Location: instinctif partners, 65 gresham street, ec2v 7nq, london United Kingdom New Risk • Sep 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 6.6% 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 Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (UK£56.9m market cap, or US$74.7m). Reported Earnings • Sep 03
Full year 2024 earnings released: EPS: UK£0.021 (vs UK£0.071 loss in FY 2023) Full year 2024 results: EPS: UK£0.021 (up from UK£0.071 loss in FY 2023). Revenue: UK£26.3m (up 27% from FY 2023). Net income: UK£933.0k (up UK£4.06m from FY 2023). Profit margin: 3.5% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance. Announcement • Jun 27
Manolete Partners Plc to Report Fiscal Year 2024 Results on Sep 03, 2024 Manolete Partners Plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Sep 03, 2024 New Risk • Jun 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (UK£59.1m market cap, or US$75.3m). Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to UK£1.48, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 15x in the Capital Markets industry in the United Kingdom. Total loss to shareholders of 39% over the past three years. New Risk • Mar 13
New major risk - Revenue and earnings growth Earnings have declined by 36% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risk Market cap is less than US$100m (UK£50.8m market cap, or US$64.9m). Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to UK£1.15, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Capital Markets industry in the United Kingdom. Total loss to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to UK£1.80, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Capital Markets industry in the United Kingdom. Total loss to shareholders of 35% over the past three years. Reported Earnings • Nov 20
First half 2024 earnings released: EPS: UK£0.014 (vs UK£0.10 loss in 1H 2023) First half 2024 results: EPS: UK£0.014 (up from UK£0.10 loss in 1H 2023). Revenue: UK£11.2m (up 104% from 1H 2023). Net income: UK£625.0k (up UK£5.07m from 1H 2023). Profit margin: 5.6% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in the United Kingdom are expected to grow by 1.9%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Announcement • Nov 10
Manolete Partners Plc to Report First Half, 2024 Results on Nov 16, 2023 Manolete Partners Plc announced that they will report first half, 2024 results on Nov 16, 2023 Announcement • Oct 18
Manolete Partners Plc Provides Earnings Guidance for the First Half of Fiscal Year 2024 Manolete Partners Plc provided earnings guidance for the first half of fiscal year 2024. For the period, the company will report profitability at marginally less than was reported for second half of fiscal year 2023. New Risk • Oct 18
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 7.5% 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 Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (UK£68.7m market cap, or US$83.5m). Announcement • Jul 06
Manolete Partners Plc, Annual General Meeting, Sep 19, 2023 Manolete Partners Plc, Annual General Meeting, Sep 19, 2023, at 09:30 Coordinated Universal Time. Location: Instinctif Partners, 65 Gresham Street London United Kingdom Reported Earnings • Jun 23
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: UK£0.001 loss per share (down from UK£0.084 profit in FY 2022). Revenue: UK£20.8m (up 1.5% from FY 2022). Net loss: UK£3.12m (down 185% from profit in FY 2022). Revenue exceeded analyst estimates significantly. Earnings per share (EPS) missed analyst estimates by 150%. Revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Capital Markets 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 61 percentage points per year, which is a significant difference in performance. Price Target Changed • Jun 19
Price target decreased by 16% to UK£2.10 Down from UK£2.50, the current price target is provided by 1 analyst. New target price is 12% below last closing price of UK£2.40. Stock is down 19% over the past year. The company is forecast to post a net loss per share of UK£0.028 compared to earnings per share of UK£0.084 last year. Announcement • Jun 13
Manolete Partners Plc to Report Fiscal Year 2023 Results on Jun 22, 2023 Manolete Partners Plc announced that they will report fiscal year 2023 results at 6:00 AM, Coordinated Universal Time on Jun 22, 2023 Recent Insider Transactions • Dec 28
Senior Independent Director & Chairman recently bought UK£95k worth of stock On the 20th of December, Howard Leigh bought around 38k shares on-market at roughly UK£2.51 per share. This transaction amounted to 35% 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 Howard's only on-market trade for the last 12 months. Reported Earnings • Nov 16
First half 2023 earnings released: UK£0.10 loss per share (vs UK£0.048 profit in 1H 2022) First half 2023 results: UK£0.10 loss per share (down from UK£0.048 profit in 1H 2022). Revenue: UK£5.51m (down 46% from 1H 2022). Net loss: UK£4.44m (down 311% from profit in 1H 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Capital Markets industry in the United Kingdom. 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 21% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 12
First half 2023 earnings released: UK£0.10 loss per share (vs UK£0.048 profit in 1H 2022) First half 2023 results: UK£0.10 loss per share (down from UK£0.048 profit in 1H 2022). Revenue: UK£5.51m (down 46% from 1H 2022). Net loss: UK£4.44m (down 311% from profit in 1H 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Capital Markets industry in the United Kingdom. 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 18% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment deteriorated over the past week After last week's 17% share price decline to UK£2.14, the stock trades at a trailing P/E ratio of 25.5x. Average forward P/E is 15x in the Capital Markets industry in the United Kingdom. Total loss to shareholders of 50% over the past three years. Price Target Changed • Sep 06
Price target decreased to UK£3.00 Down from UK£3.32, the current price target is provided by 1 analyst. New target price is 18% above last closing price of UK£2.55. Stock is down 9.7% over the past year. The company posted earnings per share of UK£0.084 last year. Reported Earnings • Jun 23
Full year 2022 earnings released Full year 2022 results: Revenue: UK£20.4m (down 27% from FY 2021). Net income: UK£3.68m (down 36% from FY 2021). Profit margin: 18% (down from 21% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 32% compared to a 8.6% decline forecast for the funds industry in the United Kingdom. Price Target Changed • Apr 27
Price target decreased to UK£2.96 Down from UK£3.32, the current price target is an average from 3 analysts. New target price is 17% above last closing price of UK£2.53. Stock is down 0.6% over the past year. The company is forecast to post earnings per share of UK£0.13 for next year compared to UK£0.13 last year. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to UK£2.53, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 23x in the Capital Markets industry in the United Kingdom. Total loss to shareholders of 4.2% over the past year. Simply Wall St's valuation model estimates the intrinsic value at UK£2.05 per share. Reported Earnings • Nov 15
First half 2022 earnings released: EPS UK£0.048 (vs UK£0.12 in 1H 2021) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2022 results: Revenue: UK£10.2m (down 46% from 1H 2021). Net income: UK£2.11m (down 59% from 1H 2021). Profit margin: 21% (down from 27% in 1H 2021). The decrease in margin was driven by lower revenue. Executive Departure • Oct 01
Independent Non-Executive Chairman Peter Bertram has left the company On the 21st of September, Peter Bertram's tenure as Independent Non-Executive Chairman ended after 2.9 years in the role. As of June 2021, Peter still personally held 19.29k shares (UK£44k worth at the time). Peter is the only executive to leave the company over the last 12 months. Executive Departure • Sep 24
Independent Non-Executive Chairman Peter Bertram has left the company On the 21st of September, Peter Bertram's tenure as Independent Non-Executive Chairman ended after 2.9 years in the role. As of June 2021, Peter still personally held 19.29k shares (UK£44k worth at the time). Peter is the only executive to leave the company over the last 12 months. Upcoming Dividend • Sep 02
Upcoming dividend of UK£0.01 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 07 October 2021. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (3.8%). Lower than average of industry peers (2.6%). Price Target Changed • Aug 06
Price target decreased to UK£3.55 Down from UK£4.50, the current price target is an average from 2 analysts. New target price is 39% above last closing price of UK£2.55. Stock is down 40% over the past year. Reported Earnings • Jun 24
Full year 2021 earnings released: EPS UK£0.13 (vs UK£0.17 in FY 2020) The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: UK£27.8m (up 49% from FY 2020). Net income: UK£5.70m (down 25% from FY 2020). Profit margin: 21% (down from 41% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 22% share price gain to UK£2.45, the stock is trading at a trailing P/E ratio of 11.5x, up from the previous P/E ratio of 9.4x. This compares to an average P/E of 21x in the Capital Markets industry in the United Kingdom. Total return to shareholders over the past year is a loss of 37%. Recent Insider Transactions • Feb 12
CEO & Executive Director recently sold UK£1.4m worth of stock On the 8th of February, Steven Cooklin sold around 750k shares on-market at roughly UK£1.80 per share. This was the largest sale by an insider in the last 3 months. Steven has been a seller over the last 12 months, reducing personal holdings by UK£1.8m. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 30% share price decline to UK£2.05, the stock is trading at a trailing P/E ratio of 9.6x, down from the previous P/E ratio of 13.7x. This compares to an average P/E of 19x in the Capital Markets industry in the United Kingdom. Total return to shareholders over the past year is a loss of 49%. Price Target Changed • Jan 29
Price target lowered to UK£5.83 Down from UK£6.60, the current price target is an average from 2 analysts. The new target price is 185% above the current share price of UK£2.05. As of last close, the stock is down 50% over the past year. Is New 90 Day High Low • Jan 27
New 90-day low: UK£2.05 The company is down 24% from its price of UK£2.70 on 28 October 2020. The British market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£2.01 per share. Upcoming Dividend • Nov 19
Upcoming Dividend of UK£0.012 Per Share Will be paid on the 17th of December to those who are registered shareholders by the 26th of November. The trailing yield of 1.3% is below the top quartile of British dividend payers (5.0%), and is lower than industry peers (3.0%). Reported Earnings • Nov 16
First half 2021 earnings released: EPS UK£0.12 The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: UK£19.0m (up 154% from 1H 2020). Net income: UK£5.15m (up 49% from 1H 2020). Profit margin: 27% (down from 46% in 1H 2020). The decrease in margin was driven by higher expenses. Announcement • Nov 04
Manolete Partners Plc to Report Q2, 2021 Results on Nov 10, 2020 Manolete Partners Plc announced that they will report Q2, 2021 results at 7:00 AM, Coordinated Universal Time on Nov 10, 2020 Is New 90 Day High Low • Oct 29
New 90-day low: UK£2.70 The company is down 35% from its price of UK£4.15 on 30 July 2020. The British market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£1.74 per share. Is New 90 Day High Low • Sep 25
New 90-day low: UK£3.03 The company is down 44% from its price of UK£5.40 on 26 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£1.77 per share. Announcement • Jun 17
Manolete Partners Plc to Report Fiscal Year 2020 Results on Jun 24, 2020 Manolete Partners Plc announced that they will report fiscal year 2020 results at 6:00 AM, Coordinated Universal Time on Jun 24, 2020 
