New Risk • Apr 19
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 Negative equity (-US$300k). Earnings have declined by 59% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (UK£30.7m market cap, or US$41.6m). Announcement • Mar 24
Emmerson PLC has completed a Follow-on Equity Offering in the amount of £0.1 million. Emmerson PLC has completed a Follow-on Equity Offering in the amount of £0.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: £0.02 Announcement • Mar 20
Emmerson PLC has filed a Follow-on Equity Offering in the amount of £0.075 million. Emmerson PLC has filed a Follow-on Equity Offering in the amount of £0.075 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 37,500,000
Price\Range: £0.002
Transaction Features: Subsequent Direct Listing New Risk • Sep 30
New major risk - Negative shareholders equity The company has negative equity. Total equity: -US$300k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.1m free cash flow). Negative equity (-US$300k). Earnings have declined by 59% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (UK£22.0m market cap, or US$29.6m). Announcement • Jul 02
Emmerson PLC, Annual General Meeting, Jul 24, 2025 Emmerson PLC, Annual General Meeting, Jul 24, 2025. Location: 55 athol street, douglas, im1 1la, Isle of Man New Risk • Apr 15
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 (13% average weekly change). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. 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£19.7m market cap, or US$26.1m). New Risk • Jan 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (UK£11.6m market cap, or US$14.5m). Announcement • Dec 08
Emmerson PLC has completed a Follow-on Equity Offering in the amount of £0.85 million. Emmerson PLC has completed a Follow-on Equity Offering in the amount of £0.85 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 127,569,229
Price\Range: £0.0065
Security Features: Attached Warrants
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,200,000
Price\Range: £0.0065
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing Announcement • Oct 28
Emmerson plc Announces Step Down of Directors Emmerson PLC announced that James Kelly (Non-Executive Chairman) and Rupert Joy (Non-Executive Director) will both step down from the Board of Directors, with immediate effect. New Risk • Oct 21
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.69m (US$9.98m) 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 Less than 1 year of cash runway based on free cash flow trend (-US$4.2m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£7.69m market cap, or US$9.98m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). New Risk • Sep 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$4.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$4.2m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (UK£19.4m market cap, or US$25.9m). Announcement • Jun 02
Emmerson PLC, Annual General Meeting, Jun 26, 2024 Emmerson PLC, Annual General Meeting, Jun 26, 2024. Location: 55 athol street, im1 1la, douglas United Kingdom 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 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (UK£21.6m market cap, or US$26.9m). New Risk • Apr 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (UK£21.1m market cap, or US$26.7m). Price Target Changed • Mar 05
Price target increased by 50% to UK£0.18 Up from UK£0.12, the current price target is provided by 1 analyst. New target price is 612% above last closing price of UK£0.025. Stock is down 48% over the past year. The company posted a net loss per share of US$0.0034 last year. Announcement • Feb 01
Emmerson plc Announces the Results of an In-Depth Scoping Study on A New, Innovative Processing Route At Its 100% Owned Khemisset Potash Project Emmerson PLC announced the results of an in-depth scoping study on a new, innovative processing route (the "Scoping Study") at its 100% owned Khemisset Potash Project ("Khemisset" or the "Project"), which significantly reduces the Project's environmental impact and enhances its economic returns. The Scoping Study describes a new process, the Khemisset Multi-mineral Process which was developed by Emmerson for use in the Khemisset potash project in Morocco. In addition, slow-release products provide the nutrients when the plant requires them, allowing farmers to use less fertiliser and to apply less frequently. Morocco is already a global fertiliser hub, so the ability to add not only potash but also these additional magnesium and iron phosphate products to its nutrient portfolio will enhance its position as a global agriculture and fertiliser lead, in particular on the African continent. On this basis, no changes are necessary to the mining plan or mine access requirements as set out in the 2020 Feasibility Study. The KMP plant would also produce new fertiliser products that would enhance Morocco's credentials as a fertiliser hub and help address food security issues. New Risk • Jul 07
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$9.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$9.4m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 18% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (UK£25.2m market cap, or US$32.3m). Announcement • May 07
Emmerson PLC, Annual General Meeting, May 31, 2023 Emmerson PLC, Annual General Meeting, May 31, 2023, at 10:00 Coordinated Universal Time. Location: 55 Athol Street, Douglas Isle of Man, IM1 1LA Douglas Isle of Man United Kingdom Agenda: To receive and adopt the audited accounts of the Company for the year ended 31 December 2022 together with the Directors' and Auditors' reports thereon; to re-appoint PKF Littlejohn LLP as Auditors to the Company; to authorize the Directors to determine the Auditors' remuneration; to re-appoint as a Director Hayden Locke and to consider other matters. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Chairman James Kelly was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Oct 06
Price target decreased to UK£0.13 Down from UK£0.14, the current price target is provided by 1 analyst. New target price is 130% above last closing price of UK£0.056. Stock is up 9.8% over the past year. The company posted a net loss per share of US$0.0034 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Chairman James Kelly was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Executive Departure • Apr 30
Non Executive Chairman Mark Connelly has left the company On the 26th of April, Mark Connelly's tenure as Non Executive Chairman ended after 2.8 years in the role. We don't have any record of a personal shareholding under Mark's name. Mark is the only executive to leave the company over the last 12 months. 
