New Risk • Jun 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Risk Market cap is less than US$10m (UK£796.8k market cap, or US$1.07m). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Revenue is less than US$5m (UK£3.2m revenue, or US$4.3m). New Risk • Feb 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: Major Risk Market cap is less than US$10m (UK£822.5k market cap, or US$1.12m). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Revenue is less than US$5m (UK£3.2m revenue, or US$4.4m). Reported Earnings • Nov 27
First half 2026 earnings released: UK£0.01 loss per share (vs UK£0.001 loss in 1H 2025) First half 2026 results: UK£0.01 loss per share (further deteriorated from UK£0.001 loss in 1H 2025). Revenue: UK£1.57m (flat on 1H 2025). Net loss: UK£107.0k (loss widened UK£95.0k from 1H 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. New Risk • Oct 03
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: Major Risk Market cap is less than US$10m (UK£976.7k market cap, or US$1.31m). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Revenue is less than US$5m (UK£3.2m revenue, or US$4.3m). Reported Earnings • Aug 22
Full year 2025 earnings released: UK£0.012 loss per share (vs UK£0.022 profit in FY 2024) Full year 2025 results: UK£0.012 loss per share (down from UK£0.022 profit in FY 2024). Revenue: UK£3.22m (down 15% from FY 2024). Net loss: UK£126.2k (down 151% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 20
Full year 2025 earnings released: UK£0.012 loss per share (vs UK£0.022 profit in FY 2024) Full year 2025 results: UK£0.012 loss per share (down from UK£0.022 profit in FY 2024). Revenue: UK£3.22m (down 15% from FY 2024). Net loss: UK£126.2k (down 151% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Jul 19
PHSC plc, Annual General Meeting, Sep 25, 2025 PHSC plc, Annual General Meeting, Sep 25, 2025. Location: the old church, 31 rochester road, kent me20 7pr, aylesford United Kingdom 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: Major Risk Market cap is less than US$10m (UK£1.70m market cap, or US$2.30m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin). New Risk • Feb 14
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 7.1% 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 Market cap is less than US$10m (UK£1.95m market cap, or US$2.46m). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin). Revenue is less than US$5m (UK£3.7m revenue, or US$4.7m). Announcement • Jan 10
PHSC plc Announces Nicola Coote Will Become Acting CEO, Effective January 13, 2025 PHSC announced that Nicola Coote will become Acting CEO of the Company with effect from 13 January 2025. Nicola has served as Deputy CEO since co-founding Personnel Health and Safety Consultants Limited with Stephen King in 1990. The Board believed that her extensive knowledge of the Company makes her ideally suited to lead it following Stephen's departure. Reported Earnings • Nov 25
First half 2025 earnings released: UK£0.001 loss per share (vs UK£0.01 profit in 1H 2024) First half 2025 results: UK£0.001 loss per share (down from UK£0.01 profit in 1H 2024). Revenue: UK£1.57m (down 4.8% from 1H 2024). Net loss: UK£12.0k (down 110% from profit in 1H 2024). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Nov 22
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: 3.1% Last year net profit margin: 7.6% 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: Major Risk Market cap is less than US$10m (UK£2.42m market cap, or US$3.04m). Minor Risks Dividend is not well covered by earnings (183% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin). Revenue is less than US$5m (UK£3.7m revenue, or US$4.7m). Announcement • Nov 20
Phsc plc Announces No Interim Dividend to Be Declared or Paid for the Six-Month Period Ended 30 September 2024 PHSC plc announced that the Board has decided to take a prudent approach and to preserve the Group’s cash reserves in the current environment. Accordingly, no interim dividend will be declared or paid for the six-month period ended 30 September 2024. The Board will consider the payment of a final dividend by reference to the Group’s full year performance and cash reserves at that time. (first half Fiscal year 2024: 0.75 pence per share). Announcement • Sep 19
PHSC plc Announces Board Changes PHSC plc announced that Graham Webb MBE will be retiring and stepping down as a non-executive director of the Company with effect from 30 September 2024. In addition, the Company announced that Frank Moxon will take up office as a non-executive director effective from 1 October 2024. Frank has nearly 35 years’ experience as a corporate financier and financial adviser to companies, ranging from start-ups to businesses over £3 billion in size, in a wide range of sectors. Frank has held several senior management roles within the financial services industry and, in addition to having been Senior Independent Director at Cove Energy Plc, prior to its sale in August 2012 to PTT for £1.2 billion, has been a director of various companies listed in London, Australia and Canada. Frank is also currently the President of the East of England Co-operative Society. Frank has a BSc in Economics and is an Honorary Chartered Fellow of the Chartered Institute for Securities & Investment. Frank Hoyt Moxon (aged 58) was a non-executive director of Silvermere Energy Plc which entered into a creditors' voluntary arrangement approved by creditors and shareholders on 16 August 2013 and completed on 20 December 2013. Total unsecured claims amounted to £1,043,532. Under the terms of the CVA creditors were issued with equity in the company (which was renamed Tern Plc and is quoted on AIM) in lieu of cash in order to settle all claims. Mr. Moxon was a non-executive director of EastCoal Inc. from October 2012 until October 2013 which entered into a form of creditors’ voluntary arrangement (under Canadian law) approved by creditors on 22 April 2014 and completed in August 2014. Total secured and unsecured claims amounted to CAD 3,026,122 in respect of which there was a deficiency of CAD 2,575,154. Under the terms of the arrangement creditors each received a cash payment of approximately 15%. (pre-tax) of monies owed. Mr. Moxon was a non-executive director of Whetstone Minerals Ltd. until March 2013 which was voluntarily wound up without the appointment of a liquidator in December 2013 with net assets of approximately $1.4 million. Mr. Moxon was a non-executive director of Swala Energy Ltd, an ASX listed company from June 2015 until June 2017, which entered into a Voluntary arrangement in June 2016, involving a Deed of Company Arrangement. Total secured and unsecured claims amounted to AUD 415,000, to which there was an AUD 248,000 deficiency. In February 2018, priority creditors of AUD 176,000 were paid in full, whilst unsecured creditors were offered a cash payment of approximately 50%. (pre-tax) of monies owed. Current Directorships/Partnerships: Ardencrest Limited, Graves Moxon Group Limited, CISI Educational Trust, East of England (SLP) General Partner Limited, East of England Co-op Travel Limited, East of England Co-operative Society (Trustees) Ltd, East of England Co-operative Society Limited, H.L. Perfitt LimitedHoyt Moxon Ltd, Jersey Oil and Gas plc, The Co-operative Loan Fund Limited. Past Directorships/Partnerships (last 5 years): Harvest Minerals Ltd, The Brokerage Citylink. Upcoming Dividend • Sep 12
Upcoming dividend of UK£0.013 per share Eligible shareholders must have bought the stock before 19 September 2024. Payment date: 04 October 2024. Payout ratio is on the higher end at 91%, however this is supported by cash flows. Trailing yield: 6.2%. Within top quartile of British dividend payers (5.4%). Higher than average of industry peers (2.2%). Declared Dividend • Aug 05
Final dividend increased to UK£0.013 Dividend of UK£0.013 is 25% higher than last year. Ex-date: 19th September 2024 Payment date: 4th October 2024 Dividend yield will be 7.5%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 249% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 04
Full year 2024 earnings released: EPS: UK£0.022 (vs UK£0.021 in FY 2023) Full year 2024 results: EPS: UK£0.022 (up from UK£0.021 in FY 2023). Revenue: UK£3.78m (up 9.9% from FY 2023). Net income: UK£248.8k (up 2.3% from FY 2023). Profit margin: 6.6% (down from 7.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Aug 03
PHSC plc, Annual General Meeting, Sep 19, 2024 PHSC plc, Annual General Meeting, Sep 19, 2024. Location: the old church, 31 rochester road, kent me20 7pr, aylesford United Kingdom Announcement • Aug 02
PHSC plc Proposes Final Dividend, Payable on October 4, 2024 PHSC plc proposed a final dividend of 1.25 pence, subject to shareholder approval, for payment on October 4, 2024, an increase of 0.5 pence on last year’s total. 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 Market cap is less than US$10m (UK£2.57m market cap, or US$3.28m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (UK£3.4m revenue, or US$4.3m). Reported Earnings • Nov 20
First half 2024 earnings released: EPS: UK£0.01 (vs UK£0.009 in 1H 2023) First half 2024 results: EPS: UK£0.01 (up from UK£0.009 in 1H 2023). Revenue: UK£1.65m (down 1.7% from 1H 2023). Net income: UK£122.0k (up 15% from 1H 2023). Profit margin: 7.4% (up from 6.3% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 17
PHSC plc Declares an Interim Dividend, Payable on 12 January 2024 PHSC plc has declared an interim dividend of 0.75 pence per ordinary share to be paid on 12 January 2024 to those shareholders on the register of members on 22 December 2023. Announcement • Sep 29
Phsc plc Approves Final Dividend PHSC plc approved final dividend of 1.0 pence per ordinary share at its AGM held on 28 September 2023. Upcoming Dividend • Sep 21
Upcoming dividend of UK£0.01 per share at 8.9% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 8.9%. Within top quartile of British dividend payers (6.2%). Higher than average of industry peers (0.7%). Buying Opportunity • Aug 16
Now 22% undervalued Over the last 90 days, the stock is up 70%. The fair value is estimated to be UK£0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Aug 10
PHSC plc, Annual General Meeting, Sep 28, 2023 PHSC plc, Annual General Meeting, Sep 28, 2023, at 09:00 Coordinated Universal Time. Reported Earnings • Aug 10
Full year 2023 earnings released: EPS: UK£0.021 (vs UK£0.048 loss in FY 2022) Full year 2023 results: EPS: UK£0.021 (up from UK£0.048 loss in FY 2022). Revenue: UK£3.44m (down 3.7% from FY 2022). Net income: UK£243.3k (up UK£874.3k from FY 2022). Profit margin: 7.1% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. New Risk • Aug 09
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 9.6% 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 Risks Earnings have declined by 38% per year over the past 5 years. Market cap is less than US$10m (UK£2.19m market cap, or US$2.79m). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Paying a dividend despite being loss-making. Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (9.6% average weekly change). Revenue is less than US$5m (UK£3.5m revenue, or US$4.5m). Announcement • Aug 09
PHSC plc Proposes Final Dividend, Payable on 13 October 2023 PHSC plc confirms that, subject to shareholder approval at its forthcoming AGM, an increased final dividend of 1.0 pence per share will be payable on 13 October 2023 to shareholders on the register on 29 September 2023. Buying Opportunity • May 18
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be UK£0.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Mar 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be UK£0.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Dec 01
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be UK£0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 23
First half 2023 earnings released: EPS: UK£0.009 (vs UK£0.008 in 1H 2022) First half 2023 results: EPS: UK£0.009 (up from UK£0.008 in 1H 2022). Revenue: UK£1.68m (down 2.3% from 1H 2022). Net income: UK£106.0k (flat on 1H 2022). Profit margin: 6.3% (up from 6.2% in 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Announcement • Nov 23
Phsc plc Declares Interim Dividend, Payable on January 13, 2023 PHSC plc announced the Board has decided to declare an interim dividend of 0.5 pence per ordinary share, to be paid on 13 January 2023, to those shareholders on the register of members on 23 December 2022. 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. 3 experienced directors. 1 highly experienced director. Non-Executive Independent Director Lorraine Young was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 03
Full year 2022 earnings released: UK£0.048 loss per share (vs UK£0.006 profit in FY 2021) Full year 2022 results: UK£0.048 loss per share (down from UK£0.006 profit in FY 2021). Revenue: UK£3.57m (up 8.5% from FY 2021). Net loss: UK£631.0k (down UK£718.8k from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Announcement • Aug 03
PHSC plc, Annual General Meeting, Sep 29, 2022 PHSC plc, Annual General Meeting, Sep 29, 2022, at 09:00 Coordinated Universal Time. Location: The Old Church, 31 Rochester Road Aylesford United Kingdom Announcement • Aug 02
PHSC plc Proposes Final Dividend PHSC plc proposed Final dividend of 0.5 pence, making a total of 1.0p for the year matching the prior year’s total. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non-Executive Independent Director Lorraine Young was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Feb 02
PHSC plc (AIM:PHSC) commences an Equity Buyback Plan for 1,961,259 shares, representing 15% of its issued share capital, under the authorization approved on September 30, 2021. PHSC plc (AIM:PHSC) commences share repurchases on January 31, 2022, under the program mandated by the shareholders in the Annual General Meeting held on September 30, 2021. As per the mandate, the company is authorized to repurchase up to 1,961,259 shares, representing 15% of its issued share capital. The minimum price which may be paid for an ordinary share is £0.1 and the maximum price which may be paid for an ordinary share is an amount equal to 105% of the average of the middle market quotations for an ordinary share (as derived from the London Stock Exchange) for the five business days immediately preceding the date on which the ordinary share is contracted to be purchased. The authorization will expire at the conclusion of the annual general meeting of the company in 2022 or, if earlier, on September 30, 2022. As of July 28, 2021, the company had 13,075,060 shares issued.
On January 21, 2022, the company announced a share repurchase program. Under the program, the company will repurchase up to a maximum of 1,961,259 ordinary shares or such number of ordinary shares as may be acquired for a gross amount of £0.3 million, whichever is the lower. Any Ordinary Shares acquired by the company will initially be held in treasury and may be cancelled at a later date. The purpose of the program is to to further optimize its capital structure and to deliver shareholder value. The program will commence today and will continue, subject to not being completed earlier, until March 31, 2022. Reported Earnings • Nov 25
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: UK£0.008 (vs UK£0.008 in 1H 2021). Revenue: UK£1.72m (up 25% from 1H 2021). Net income: UK£106.0k (down 12% from 1H 2021). Profit margin: 6.2% (down from 8.8% in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • May 27
PHSC plc (AIM:PHSC) commences an Equity Buyback Plan for 2,201,589 shares, representing 15% of its issued share capital, under the authorization approved on September 30, 2020. PHSC plc (AIM:PHSC) commences share repurchases on May 25, 2021, under the program mandated by the shareholders in the Annual General Meeting held on September 30, 2020. As per the mandate, the company is authorized to repurchase up to 2,201,589 shares, representing 15% of its issued share capital. The minimum price which may be paid for an ordinary share is 10 pence and the maximum price which may be paid for an ordinary share is an amount equal to 105% of the average of the middle market quotations for an ordinary share (as derived from the London Stock Exchange) for the five business days immediately preceding the date on which the ordinary share is contracted to be purchased. The authorization will expire at the conclusion of the annual general meeting of the company in 2021 or, if earlier, on September 30, 2021.
On May 12, 2021, the company announced a share repurchase program. Under the program, the company will repurchase up to 2,201,589 shares or £0.33 million whichever is lower. The program will expire on August 1, 2021.