Reported Earnings • Aug 31
First half 2023 earnings released: EPS: US$0.044 (vs US$0.12 in 1H 2022) First half 2023 results: EPS: US$0.044 (down from US$0.12 in 1H 2022). Revenue: US$52.0m (down 16% from 1H 2022). Net income: US$1.78m (down 62% from 1H 2022). Profit margin: 3.4% (down from 7.6% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to UK£1.98, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 44x in the Media industry in the United Kingdom. Total returns to shareholders of 321% over the past three years. Reported Earnings • Apr 02
Full year 2022 earnings released: EPS: US$0.41 (vs US$0.24 in FY 2021) Full year 2022 results: EPS: US$0.41 (up from US$0.24 in FY 2021). Revenue: US$141.0m (down 6.9% from FY 2021). Net income: US$16.6m (up 67% from FY 2021). Profit margin: 12% (up from 6.6% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 48% per year. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to UK£1.57, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 17x in the Media industry in the United Kingdom. Total returns to shareholders of 117% over the past three years. 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. 5 non-independent directors. Independent Vice Chair & Senior Independent Director Jane Moriarty was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 27
Educational Development Corporation (NasdaqGM:EDUC) signed an agreement to acquire SmartLab Toys, Inc. from The Quarto Group, Inc. (LSE:QRT). Educational Development Corporation (NasdaqGM:EDUC) signed an agreement to acquire SmartLab Toys, Inc. from The Quarto Group, Inc. (LSE:QRT) on October 26, 2022. SmartLab Toys generated net sales of approximately $6.5 million for the past two years. The transaction is expected to close by November 30, 2022. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: US$0.12 (vs US$0.053 in 1H 2021) First half 2022 results: EPS: US$0.12 (up from US$0.053 in 1H 2021). Revenue: US$61.9m (up 8.9% from 1H 2021). Net income: US$4.72m (up 120% from 1H 2021). Profit margin: 7.6% (up from 3.8% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Aug 27
The Quarto Group, Inc. to Report First Half, 2022 Results on Aug 30, 2022 The Quarto Group, Inc. announced that they will report first half, 2022 results on Aug 30, 2022 Announcement • May 28
The Quarto Group, Inc. Appoints Alison Goff as an Executive Director, Effective June 1, 2022 The Quarto Group, Inc. announced that Alison Goff, the Company's Chief Executive Officer, will be appointed as an Executive Director of the Company from 1st June 2022. Announcement • May 25
The Quarto Group, Inc., Annual General Meeting, May 24, 2022 The Quarto Group, Inc., Annual General Meeting, May 24, 2022. 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. 4 non-independent directors. Independent Non-Executive Director Jane Moriarty was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improved over the past week After last week's 15% share price gain to UK£1.63, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 37x in the Media industry in the United Kingdom. Total returns to shareholders of 130% over the past three years. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improved over the past week After last week's 18% share price gain to UK£1.32, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 35x in the Media industry in the United Kingdom. Total returns to shareholders of 102% over the past three years. Reported Earnings • Mar 18
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.24 (up from US$0.12 in FY 2020). Revenue: US$151.5m (up 19% from FY 2020). Net income: US$9.93m (up 117% from FY 2020). Profit margin: 6.6% (up from 3.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improved over the past week After last week's 17% share price gain to UK£1.32, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 27x in the Media industry in the United Kingdom. Total returns to shareholders of 72% over the past three years. Reported Earnings • Aug 05
First half 2021 earnings released: EPS US$0.053 (vs US$0.081 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$56.9m (up 21% from 1H 2020). Net income: US$2.15m (up US$5.15m from 1H 2020). Profit margin: 3.8% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 22
Full year 2020 earnings released: EPS US$0.12 (vs US$0.14 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$126.9m (down 6.6% from FY 2019). Net income: US$4.57m (up 59% from FY 2019). Profit margin: 3.6% (up from 2.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 19
New 90-day high: UK£0.61 The company is up 17% from its price of UK£0.53 on 21 October 2020. The British market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Media industry, which is up 28% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: UK£0.58 The company is up 7.0% from its price of UK£0.55 on 30 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 33% over the same period. Is New 90 Day High Low • Nov 11
New 90-day low: UK£0.48 The company is down 13% from its price of UK£0.56 on 13 August 2020. The British market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 19% over the same period. Is New 90 Day High Low • Oct 26
New 90-day low: UK£0.49 The company is down 2.0% from its price of UK£0.50 on 28 July 2020. The British market is also down 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Media industry, which is up 15% over the same period. Announcement • Oct 11
1010 Printing Limited acquired 4.1% stake in The Quarto Group, Inc. (LSE:QRT) from Lau Chuk Kin for £0.92 million. 1010 Printing Limited acquired 4.1% stake in The Quarto Group, Inc. (LSE:QRT) from Lau Chuk Kin for £0.92 million on October 9, 2020. Under the terms of transaction, 1010 Printing purchased 1.679743 million shares, representing approximately 4.1% of the issued share capital of Quarto at the price of £0.545 per Quarto Share. Immediately before the acquisition, 1010 Printing and Lau Chuk Kin held approximately 32.6% and 8.2% of the issued share capital of Quarto, respectively. Immediately after the acquisition, 1010 Printing and Lau Chuk Kin hold approximately 36.7% and 4.1% of the issued share capital of Quarto, respectively. The internal resources of Lion Rock have funded the consideration of the acquisition.
1010 Printing Limited completed the acquisition of 4.1% stake in The Quarto Group, Inc. (LSE:QRT) from Lau Chuk Kin on October 9, 2020. Is New 90 Day High Low • Sep 19
New 90-day high: UK£0.59 The company is up 20% from its price of UK£0.49 on 19 June 2020. The British market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 6.0% over the same period. Announcement • Sep 18
The Quarto Group, Inc. Announces CEO Changes The Quarto Group, Inc. announced that Polly Powellis appointed as Group Chief Executive Officer with effect from September 18, 2020. Polly was elected to the board on February 10, 2020 with responsibility as Chief Executive Officer of the company's UK operations. Polly takes over from C.K. Lau who remains an Executive Director of the company.