New Risk • Jun 05
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 8.2% 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 (8.2% average weekly change). Market cap is less than US$100m (UK£19.2m market cap, or US$25.6m). Announcement • Jun 01
NAHL Group Plc, Annual General Meeting, Jun 25, 2026 NAHL Group Plc, Annual General Meeting, Jun 25, 2026. Location: allenby capital, 5 st helens place, ec3a 6ab, london United Kingdom Reported Earnings • May 11
Full year 2025 earnings released Full year 2025 results: Revenue: UK£40.0m (up 75% from FY 2024). Net income: UK£3.26m (up UK£47.0m from FY 2024). Profit margin: 8.1% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. New Risk • Apr 12
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 Risk Earnings have declined by 88% per year over the past 5 years. 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£14.2m market cap, or US$19.1m). Board Change • Oct 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. Group CFO & Director Chris Higham was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Sep 25
First half 2025 earnings released: EPS: UK£0.03 (vs UK£0.007 in 1H 2024) First half 2025 results: EPS: UK£0.03 (up from UK£0.007 in 1H 2024). Revenue: UK£19.2m (down 1.0% from 1H 2024). Net income: UK£1.43m (up 329% from 1H 2024). Profit margin: 7.4% (up from 1.7% in 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 155 percentage points per year, which is a significant difference in performance. Announcement • Sep 15
NAHL Group Plc to Report First Half, 2025 Results on Sep 24, 2025 NAHL Group Plc announced that they will report first half, 2025 results on Sep 24, 2025 Announcement • Aug 01
NAHL Group Plc Provides Earnings Guidance for the Six Months to 30 June 2025 NAHL Group Plc provided earnings guidance for the six months to 30 June 2025. for the six months, the company expects Revenues to be broadly in line with the previous year at £19.2 million, while underlying operating profit is expected to have increased by c. 67% to £3.2 million (H1 2024: £1.9 million). New Risk • Jun 27
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 8.8% 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: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (UK£20.6m market cap, or US$28.2m). Announcement • May 30
NAHL Group Plc, Annual General Meeting, Jun 26, 2025 NAHL Group Plc, Annual General Meeting, Jun 26, 2025. Location: allenby capital, 5 st helens place, england, ec3a 6ab, london United Kingdom Reported Earnings • May 07
Full year 2024 earnings released Full year 2024 results: Revenue: UK£38.8m (down 8.0% from FY 2023). Net loss: UK£39.3m (down UK£39.7m from profit in FY 2023). New Risk • May 07
New major risk - Revenue and earnings growth Earnings have declined by 56% 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 56% per year over the past 5 years. Minor Risk Market cap is less than US$100m (UK£28.6m market cap, or US$38.0m). New Risk • Apr 13
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: 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£30.9m market cap, or US$40.4m). Announcement • Jan 30
NAHL Group in Discussion with Potential Buyer to Dispose Bush & Co Further to the announcement on 23 December 2024, the Board of NAHL Group Plc (AIM:NAH) confirmed that it is in exclusive discussions with a potential buyer for Bush & Co. and due diligence and negotiations have moved to the next stage. The Board is seeking to conclude the process as soon as possible and will update shareholders as appropriate. As with any such process, there can be no certainty that the discussions will lead to a transaction, nor as to its final terms or timing. Announcement • Jan 29
NAHL Group Plc Provides Group Earnings Guidance for the Financial Year Ended 31 December 2024 NAHL Group Plc provided group earnings guidance for the financial year ended 31 December 2024. The board expects to report revenues for the period of approximately £38.8 million. This is in line with market expectations and 8% lower than last year due to the anticipated reduction in revenues from the Personal Injury business. Reported Earnings • Sep 27
First half 2024 earnings released: EPS: UK£0.007 (vs UK£0.002 loss in 1H 2023) First half 2024 results: EPS: UK£0.007 (up from UK£0.002 loss in 1H 2023). Revenue: UK£19.4m (down 7.4% from 1H 2023). Net income: UK£333.0k (up UK£421.0k from 1H 2023). Profit margin: 1.7% (up from net loss in 1H 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. New Risk • Sep 24
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 6.8% 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 (6.8% average weekly change). Market cap is less than US$100m (UK£30.6m market cap, or US$41.1m). Announcement • Sep 05
NAHL Group Plc to Report First Half, 2024 Results on Sep 24, 2024 NAHL Group Plc announced that they will report first half, 2024 results on Sep 24, 2024 Announcement • Aug 09
NAHL Group Plc Provides Earnings Guidance for the Six Months Ended 30 June 2024 NAHL Group Plc provided earnings guidance for the six months ended 30 June 2024. Since the AGM Statement and trading update on 27 June 2024 (the Statement), the group has traded in line with the board's expectations. Revenues for the period are expected to be £19.4 million, (first half 2023: £21.0 million) while operating profit is expected to be broadly in line with 2023. Recent Insider Transactions • Jun 10
Group CEO & Executive Director recently sold UK£84k worth of stock On the 5th of June, James Saralis sold around 121k shares on-market at roughly UK£0.70 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. James has been a net seller over the last 12 months, reducing personal holdings by UK£61k. Announcement • Jun 02
NAHL Group Plc, Annual General Meeting, Jun 27, 2024 NAHL Group Plc, Annual General Meeting, Jun 27, 2024. Location: the offices of fti consulting, 200 aldersgate, aldersgate street, ec1a 4hd, london United Kingdom New Risk • May 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% 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: Minor Risks Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (UK£34.3m market cap, or US$43.7m). Reported Earnings • May 03
Full year 2023 earnings released Full year 2023 results: Revenue: UK£42.2m (up 1.9% from FY 2022). Net income: UK£384.0k (flat on FY 2022). Profit margin: 0.9% (in line with FY 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Media industry in the 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 Risk Earnings have declined by 51% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (UK£33.4m market cap, or US$41.6m). New Risk • Jan 24
New major risk - Revenue and earnings growth Earnings have declined by 51% 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 51% per year over the past 5 years. Minor Risk Market cap is less than US$100m (UK£28.4m market cap, or US$36.1m). Announcement • Jan 24
NAHL Group Plc Provides Earnings Guidance for the Fiscal Year Ended 31 December 2023 NAHL Group Plc provided earnings guidance for the fiscal year ended 31 December 2023. For the year, the Board expects to report revenues for the Period of approximately £42.2 million, 2% ahead of the prior year. Operating profit is expected to be slightly ahead of market expectations at approximately £4.1 million and reflects the planned investment in scaling NAL for greater returns in the medium to long term. Reported Earnings • Sep 28
First half 2023 earnings released: UK£0.002 loss per share (vs UK£0 in 1H 2022) First half 2023 results: UK£0.002 loss per share (further deteriorated from UK£0 in 1H 2022). Revenue: UK£21.0m (up 1.1% from 1H 2022). Net loss: UK£88.0k (down UK£90.0k from profit in 1H 2022). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Sep 13
NAHL Group Plc to Report First Half, 2023 Results on Sep 26, 2023 NAHL Group Plc announced that they will report first half, 2023 results on Sep 26, 2023 Buying Opportunity • Aug 02
Now 21% undervalued Over the last 90 days, the stock is up 9.8%. The fair value is estimated to be UK£0.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Jul 26
NAHL Group Plc Provides Earnings Guidance for the Six Months Ended June 30, 2023 NAHL Group Plc provided earnings guidance for the six months ended June 30, 2023. Group revenues for the Period are expected to be slightly ahead of last year at £21.0 million (H1 2022: £20.7 million). The Group's strategy to invest in new claims in its wholly-owned law firm, National Accident Law ("NAL") - which have a long life cycle but produce higher returns - and the planned reduction in claims still to settle in the joint venture partnerships is expected to result in operating profit of approximately £1.8m versus £2.3m in H1 2022. This will also result in the charge to profit attributable to members' non-controlling interests in LLPs being lower than last year by 30% at £1.4m (H1 2022: £1.9m). This is in keeping with stated strategy of growing NAL, and in the short term these factors, along with increased borrowing costs due to the rise in UK interest rates, mean that the Group is expected to report a broadly breakeven result (before tax) for the Period (H1 2022: £0.1m profit before tax). New Risk • Jul 26
New major risk - Revenue and earnings growth Earnings have declined by 60% 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 60% per year over the past 5 years. Minor Risks Significant insider selling over the past 3 months (UK£40k sold). Market cap is less than US$100m (UK£21.6m market cap, or US$28.0m). Reported Earnings • Mar 22
Full year 2022 earnings released Full year 2022 results: Revenue: UK£41.4m (up 6.4% from FY 2021). Net income: UK£385.0k (up 147% from FY 2021). Profit margin: 0.9% (up from 0.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Media industry in the United Kingdom. Announcement • Jan 24
NAHL Group Plc to Report Fiscal Year 2022 Results on Mar 22, 2023 NAHL Group Plc announced that they will report fiscal year 2022 results on Mar 22, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Brian Phillips was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Brian Phillips was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 27
First half 2022 earnings released: EPS: UK£0 (vs UK£0.01 in 1H 2021) First half 2022 results: EPS: UK£0 (down from UK£0.01 in 1H 2021). Revenue: UK£20.7m (up 6.3% from 1H 2021). Net income: UK£2.0k (down 100% from 1H 2021). Profit margin: 0% (down from 2.3% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Announcement • Aug 03
NAHL Group Plc to Report First Half, 2022 Results on Sep 27, 2022 NAHL Group Plc announced that they will report first half, 2022 results on Sep 27, 2022 Announcement • May 12
NAHL Group plc, Annual General Meeting, Jun 15, 2022 NAHL Group plc, Annual General Meeting, Jun 15, 2022, at 09:00 Coordinated Universal Time. Location: Allenby Capital, 5 St Helen's Place London United Kingdom Agenda: To receive the accounts of the Company for the financial year ended 31 December 2021 together with the report of the directors, the strategic report, and the auditor's report for the financial year; to approve the directors' remuneration report for the financial year ended 31 December 2021; to reappoint Mazars LLP as auditor of the Company, to hold office from the conclusion of this AGM to the conclusion of the next annual general meeting of the Company; and to authorise the directors of the Company to determine the remuneration of the auditors of the Company. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chair Tim J. Aspinall was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 30
Full year 2021 earnings released Full year 2021 results: Revenue: UK£38.9m (down 4.7% from FY 2020). Net income: UK£156.0k (up UK£381.0k from FY 2020). Profit margin: 0.4% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Announcement • Jan 22
NAHL Group plc Provides Earnings Guidance for the Year Ended December 31, 2021 NAHL Group plc provided earnings guidance for the year ended December 31, 2021. Group revenue for the year is anticipated to be in line with the Board's expectations at £38.9 million, slightly below the prior year (2020: £40.9 million). Underlying operating profit is expected to be at least £4.0 million (2020: £5.7 million), and also in line with the Board's expectations. Reported Earnings • Oct 01
First half 2021 earnings released: EPS UK£0.01 (vs UK£0.008 loss in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: UK£19.5m (down 3.6% from 1H 2020). Net income: UK£451.0k (up UK£802.0k from 1H 2020). Profit margin: 2.3% (up from net loss in 1H 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Reported Earnings • May 27
Full year 2020 earnings released The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: UK£40.9m (down 20% from FY 2019). Net loss: UK£225.0k (loss narrowed 92% from FY 2019). Announcement • Jan 14
Frenkel Topping Group Plc (AIM:FEN) cancelled the acquisition of remaining 93.87% stake in NAHL Group plc (AIM : NAH) from Oryx International Growth Fund Limited (LSE:OIG) managed by Harwood Capital LLP and others. Frenkel Topping Group Plc (AIM:FEN) made an offer to acquire remaining 93.87% stake in NAHL Group plc (AIM : NAH) from Oryx International Growth Fund Limited (LSE:OIG) managed by Harwood Capital LLP and others on September 23, 2020. Pursuant to the terms, the proposal is structured as an all-share combination. Frenkel is required by no later than October 21, 2020, either to announce a firm intention to make an offer for NAHL or to announce that it does not intend to make an offer. The transaction is subject to due diligence investigation. This deadline can be extended by the board of NAHL with the consent of the Takeover Panel. The shareholders are advised to take no action at this time. Frenkel Topping received a written confirmation from Oryx International Growth Fund to support the possible offer. As of October 20, 2020, the takeover panel allowed the extension for Frenkel to make an offer or to announce that it does not intend to make an offer until November 18, 2020. As on November 18, 2020, the takeover panel allowed the extension for Frenkel to make an offer or to announce that it does not intend to make an offer until December16, 2020. As on December16, 2020, the takeover panel allowed the extension for Frenkel to make an offer or to announce that it does not intend to make an offer until January 13, 2021. Julian Blunt, James Thompson and Andrew Burdis of FinnCap Ltd and Michael Nicholson, Miles Cox and Edward Lowe of Peel Hunt LLP acted as financial advisors to NAHL Group. Carl Holmes, Henrik Persson, Giles Rolls, Tim Redfern and Richard Chambers of finnCap acted as financial advisor for Frenkel Topping.
Frenkel Topping Group Plc (AIM:FEN) cancelled the acquisition of remaining 93.87% stake in NAHL Group plc (AIM : NAH) from Oryx International Growth Fund Limited (LSE:OIG) managed by Harwood Capital LLP and others on January 13, 2021. The transaction was terminated because it presents certain commercial and integration challenges. Therefore, Board of Directors of Frenkel Topping Group Plc consider that other acquisition opportunities are more compelling at this time and in the best interest of its shareholders. Is New 90 Day High Low • Jan 14
New 90-day low: UK£0.40 The company is down 25% from its price of UK£0.53 on 15 October 2020. The British market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 30% over the same period. Is New 90 Day High Low • Dec 21
New 90-day low: UK£0.44 The company is down 9.0% from its price of UK£0.49 on 22 September 2020. The British market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 39% over the same period. Recent Insider Transactions • Oct 24
Insider recently bought UK£76k worth of stock On the 22nd of October, John Hemming bought around 150k shares on-market at roughly UK£0.51 per share. In the last 3 months, there was an even bigger purchase from another insider worth UK£182k. Insiders have collectively bought UK£81k more in shares than they have sold in the last 12 months. Announcement • Sep 22
NAHL Group plc Do Not Recommend Interim Dividend in Respect of 2020 The Board of NAHL Group plc has not reinstated dividends at this time and the Directors have recommended that no interim dividend be paid in respect of 2020. The interim dividend paid in 2019 was 2.6 pence. Announcement • Sep 08
Nahl Group plc Announces Resignation of Group Ceo, Russell Atkinson NAHL Group plc announced the resignation of Group CEO, Russell Atkinson. His resignation as a director is effective immediately and he will leave the Company's employment at the end of September 2020.