Announcement • 2h
Microlise Group plc Recommending Final Dividend for Year Ended 31 December 2025, Payable on 24 July 2026 Microlise Group plc is recommending the payment of a year ended 31 December 2025 final dividend for a year ended 31 December 2025 of 1.30 pence per ordinary share. Subject to shareholder approval at the Annual General Meeting to be held on 24 June 2026, the dividend will be paid on 24 July 2026 to shareholders on the register at the close of business on 3 July 2026. Reported Earnings • 9h
Full year 2025 earnings released: UK£0.019 loss per share (vs UK£0.018 loss in FY 2024) Full year 2025 results: UK£0.019 loss per share (further deteriorated from UK£0.018 loss in FY 2024). Revenue: UK£84.0m (up 5.7% from FY 2024). Net loss: UK£2.17m (loss widened 5.4% from FY 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Software 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 73 percentage points per year, which is a significant difference in performance. Price Target Changed • May 14
Price target decreased by 15% to UK£1.31 Down from UK£1.54, the current price target is an average from 2 analysts. New target price is 208% above last closing price of UK£0.42. Stock is down 60% over the past year. The company posted a net loss per share of UK£0.018 last year. New Risk • May 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 9.3% 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 26% per year over the past 5 years. 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 (9.3% average weekly change). Market cap is less than US$100m (UK£49.3m market cap, or US$66.0m). Announcement • May 14
Microlise Group plc, Annual General Meeting, Jun 24, 2026 Microlise Group plc, Annual General Meeting, Jun 24, 2026. Board Change • May 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. 5 experienced directors. No highly experienced directors. CFO, Company Secretary & Executive Director Nick Wightman was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Apr 30
New major risk - Revenue and earnings growth Earnings have declined by 26% 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 26% 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£72.5m market cap, or US$98.0m). Announcement • Apr 30
Microlise Group plc to Report Fiscal Year 2025 Results on May 14, 2026 Microlise Group plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on May 14, 2026 New Risk • Mar 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£73.6m (US$97.8m) This is considered a minor 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: Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (UK£73.6m market cap, or US$97.8m). New Risk • Feb 03
New minor risk - Dividend sustainability The dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 2.1% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.8% average weekly change). Price Target Changed • Nov 25
Price target decreased by 14% to UK£1.68 Down from UK£1.94, the current price target is an average from 4 analysts. New target price is 66% above last closing price of UK£1.01. Stock is down 7.3% over the past year. The company is forecast to post earnings per share of UK£0.025 next year compared to a net loss per share of UK£0.018 last year. New Risk • Nov 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 10% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Nov 17
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 6.5% to UK£1.31. The fair value is estimated to be UK£1.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Declared Dividend • Sep 28
First half dividend increased to UK£0.006 Dividend of UK£0.006 is 5.3% higher than last year. Ex-date: 9th October 2025 Payment date: 7th November 2025 Dividend yield will be 1.3%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (33% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Reported Earnings • Sep 28
First half 2025 earnings released: EPS: UK£0.011 (vs UK£0 in 1H 2024) First half 2025 results: EPS: UK£0.011 (up from UK£0 in 1H 2024). Revenue: UK£44.1m (up 13% from 1H 2024). Net income: UK£1.27m (up UK£1.27m from 1H 2024). Profit margin: 2.9% (up from 0% in 1H 2024). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Sep 27
Microlise Group plc Declares Interim Dividend, Payable on November 7, 2025 The Board of Microlise Group plc has declared an interim dividend of 0.60 pence (H1 2024: 0.57 pence) per share, £0.7 million in aggregate, in line with the Group's progressive dividend policy which was implemented at the FY23 annual results. The interim dividend will be paid on 7 November 2025 to shareholders on the register on 10 October 2025. The ex-dividend date is therefore 9 October 2025. Announcement • Sep 18
Microlise Group plc to Report First Half, 2025 Results on Sep 25, 2025 Microlise Group plc announced that they will report first half, 2025 results on Sep 25, 2025 Announcement • Jul 09
Omegro completed the acquisition of Trakm8 Holdings PLC (AIM:TRAK) from Microlise Group plc (AIM:SAAS), Edric Property & Investment Company, Richard Louis Stephenson Clarke, Edmund John Stephenson Clarke and others. Omegro reached an agreement to acquire Trakm8 Holdings PLC (AIM:TRAK) from Microlise Group plc (AIM:SAAS), Edric Property & Investment Company, Richard Louis Stephenson Clarke, Edmund John Stephenson Clarke and others for £4.75 million on May 1, 2025. Under the terms, each Trakm8 Shareholder will 9.5 pence per share in cash. The consideration will be financed through existing cash resources of CSI (parent of Omegro). Pursuant to the agreement, John Watkins will step down from his role as Trakm8's Executive Chairman and as an officer of Trakm8. As of May 21, 2025, Trakm8 Directors recommend unanimously that Trakm8's Shareholders vote in favour of the Scheme at the Court Meeting and the Resolutions to be proposed at the General Meeting as the Trakm8 Directors have irrevocably undertaken to do in respect of their own beneficial holdings (and the beneficial holdings of their close relatives and related trusts), being, in aggregate, 11,549,793 Trakm8 Shares (representing approximately 23.11% of the existing issued ordinary share capital of Trakm8) as at April 30, 2025. As of June 19, 2025, shareholder of Trakm8 Holdings approved the acquisition.
The Transaction is subject to approvals from Trakm8 Shareholders, Court approval, Regulatory approval and Anti trust approval. The transaction is expected to become effective during the second or third quarter of the calendar year 2025. The High Court of Justice in England and Wales sanctioned the scheme of arrangement on July 7, 2025.
Vivek Bhardwaj and David Hart of Allenby Capital Limited acted as financial advisor, Wansbroughs LLP is acting as legal adviser and Neville Registrars acted as registrar to Trakm8. Angus MacPherson of Herax Partners LLP acted as financial advisor to Omegro. Fox Williams LLP is acting as legal adviser to Omegro. The aggregate fees and expenses expected to be incurred by Omegro in connection with the Acquisition (excluding any applicable VAT and other taxes) are estimated to be approximately for Financial Advice of £0.29 million, Legal Advice of £0.43 million, Accounting Advice of £0.04 million and Other Professional Services of £0.04 million. The aggregate fees and expenses expected to be incurred by Trakm8 in connection with the Acquisition are expected to be approximately for Financial Advice of £0.26 million, Legal Advice of £0.18 million, and Other Professional Services of £0.03 million.
Omegro completed the acquisition of Trakm8 Holdings PLC (AIM:TRAK) from Microlise Group plc (AIM:SAAS), Edric Property & Investment Company, Richard Louis Stephenson Clarke, Edmund John Stephenson Clarke and others on July 9, 2025. Buy Or Sell Opportunity • Jun 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.7% to UK£1.04. The fair value is estimated to be UK£1.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • May 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.4% to UK£1.05. The fair value is estimated to be UK£1.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • May 29
Upcoming dividend of UK£0.012 per share Eligible shareholders must have bought the stock before 05 June 2025. Payment date: 27 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.7%. Lower than top quartile of British dividend payers (5.7%). In line with average of industry peers (1.8%). Buy Or Sell Opportunity • May 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.1% to UK£1.05. The fair value is estimated to be UK£1.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. New Risk • Mar 31
New minor risk - Dividend sustainability The dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 2.3% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (9.4% average weekly change). Buy Or Sell Opportunity • Mar 31
Now 21% undervalued Over the last 90 days, the stock has risen 14% to UK£1.10. The fair value is estimated to be UK£1.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Declared Dividend • Mar 30
Final dividend of UK£0.012 announced Shareholders will receive a dividend of UK£0.012. Ex-date: 5th June 2025 Payment date: 27th June 2025 Dividend yield will be 1.6%, which is about the same as the industry average. Price Target Changed • Mar 28
Price target decreased by 16% to UK£1.89 Down from UK£2.25, the current price target is an average from 4 analysts. New target price is 68% above last closing price of UK£1.13. Stock is down 20% over the past year. The company is forecast to post earnings per share of UK£0.025 next year compared to a net loss per share of UK£0.018 last year. Announcement • Mar 28
Microlise Group plc, Annual General Meeting, May 28, 2025 Microlise Group plc, Annual General Meeting, May 28, 2025. Reported Earnings • Mar 27
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: UK£0.018 loss per share (down from UK£0.014 profit in FY 2023). Revenue: UK£79.5m (up 11% from FY 2023). Net loss: UK£2.05m (down 230% from profit in FY 2023). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Mar 24
Microlise Group plc to Report Fiscal Year 2024 Results on Mar 27, 2025 Microlise Group plc announced that they will report fiscal year 2024 results on Mar 27, 2025 Buy Or Sell Opportunity • Feb 04
Now 22% undervalued Over the last 90 days, the stock has risen 8.0% to UK£1.22. The fair value is estimated to be UK£1.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 49%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 898% in the next 2 years. Major Estimate Revision • Oct 01
Consensus EPS estimates fall by 15% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from UK£0.023 to UK£0.019. Revenue forecast unchanged from UK£83.3m at last update. Net income forecast to grow 736% next year vs 8.4% growth forecast for Software industry in the United Kingdom. Consensus price target of UK£2.45 unchanged from last update. Share price fell 11% to UK£1.18 over the past week. Reported Earnings • Sep 26
First half 2024 earnings released: EPS: UK£0 (vs UK£0.011 in 1H 2023) First half 2024 results: EPS: UK£0 (down from UK£0.011 in 1H 2023). Revenue: UK£39.1m (up 15% from 1H 2023). Net income: UK£4.0k (down 100% from 1H 2023). Profit margin: 0% (down from 3.6% in 1H 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Sep 11
Microlise Group plc to Report First Half, 2024 Results on Sep 24, 2024 Microlise Group plc announced that they will report first half, 2024 results on Sep 24, 2024 Announcement • Jul 11
Microlise Group plc Announces Launch of Series of New Products Microlise Group plc announced the launch of a series of new products, all of which are fully integrated with the Group's wider product portfolio. The addition of these products focuses on bringing USP's to the Microlise transport and logistics product offering, ensuring strategic growth within both new and existing customer base by providing upsell opportunities and strengthened new customer acquisition capabilities. Driver Hazard Warning (DHW): HGVs have many blind spots where vulnerable road users (VRUs) such as a cyclist, e-scooter or delivery moped rider cannot be seen. DHW is a 360-degree warning system that alerts HGV drivers if a VRU such as a cyclist, e-scooter or delivery moped rider is near their vehicle. HGV accidents involving VRUs are 15% more likely to result in a fatality, in comparison to a normal passenger vehicle. DHW is designed to help prevent such accidents. DHW also alerts drivers to static hazards in their environment, such as low bridges. In 2022 there were c.1800 bridge strikes in the UK with an average cost of £13,500 per accident. This can rise to as much as £800,000 for a single collision, particularly in the event of striking a railway bridge, where subsequent delays to train services are passed on to hauliers. DHW has been developed alongside the Flare products procured by Microlise on acquiring the K-Safe business in December 2023. DHW proactively helps transport and e-mobility companies prevent accidents thereby reducing risk of injuries or fatalities and the related costs and insurance premiums. The addition of this new product adds upsell opportunities for existing customers with no additional hardware requirements. Direct Vision Standards 2024: Microlise has developed a Progressive Safety System that ensures vehicles comply with London's Direct = Vision Standards 2024 (DVS) which comes into force in October 2024, as part of the Mayor of London's Vision Zero plan to eliminate deaths and serious injuries on London's transport network by 2041. The updated DVS solution ensures that HGVs can operate safely and legally within London. The new DVS system adds to the existing 2023 compliant DVS solution, by using AI-enhanced blind-spot and moving-off sensors with in-cab warnings, designed to detect pedestrians and cyclists while eliminating false alerts from stationary objects. The solution also integrates seamlessly with the wider multi-camera system offering comprehensive all-round visibility for drivers. By leveraging advanced technology, fleet operators can not only comply with the new DVS regulations but also benefit from detailed alerting and analysis reports, along with incident footage recording to protect drivers from liability. Microlise's solution is available for both upgrades to existing systems and complete installations for new vehicles, ensuring all fleets operating in the London area are prepared for the 2024 standards. The deadline of October 2024 is driving upgrades from existing customers and new customer implementations to ensure readiness for the new standard. Proximity Beacons: Powered by Bluetooth Low Energy (BLE) technology, Microlise's Proximity Beacons offer customers an asset tracking system that creates a low-cost, consolidated view of all assets under management. The product utilises the large mesh network created by the existing Microlise telematic units fitted to customer vehicles, to ping location data back to customers within the Microlise platform. UK retailers reported £7.9 billion in losses from warehouses and distribution centres in 2023, with further impacts through customer dissatisfaction and increased complexity of inventory management. The proximity beacons aim to minimise the loss of unpowered assets, help safeguard high-value cargo against theft, and give customers improved visibility of their entire fleet. The Beacons utilise the existing Microlise mobile network across the UK and provide monitoring for assets which were previously uneconomic to track, thus providing a new market segment for and cross sell opportunities. Buy Or Sell Opportunity • Jul 02
Now 21% overvalued Over the last 90 days, the stock has fallen 1.1% to UK£1.39. The fair value is estimated to be UK£1.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has declined by 157%. For the next 3 years, revenue is forecast to grow by 9.8% per annum. Earnings are also forecast to grow by 33% per annum over the same time period. Buy Or Sell Opportunity • Jun 19
Now 24% overvalued Over the last 90 days, the stock has fallen 1.8% to UK£1.38. The fair value is estimated to be UK£1.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has declined by 157%. For the next 3 years, revenue is forecast to grow by 9.8% per annum. Earnings are also forecast to grow by 33% per annum over the same time period. Announcement • Apr 11
Microlise Group plc Proposes Maiden Final Dividend for the Year 2023, Payable on 28 June 2024 Microlise Group plc proposed maiden final dividend for the 2023 financial year of 1.725 pence per share and will henceforth adopt a progressive dividend policy. If approved by shareholder at May's Annual General Meeting on 22 May 2024, the dividend will be paid on 28 June 2024 to shareholders on the register at close of business on 7 June 2024. New Risk • Apr 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 48% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Reported Earnings • Apr 09
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: UK£0.014 (up from UK£0.012 in FY 2022). Revenue: UK£71.7m (up 14% from FY 2022). Net income: UK£1.58m (up 17% from FY 2022). Profit margin: 2.2% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 56%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in the United Kingdom. Announcement • Apr 09
Microlise Group plc, Annual General Meeting, May 22, 2024 Microlise Group plc, Annual General Meeting, May 22, 2024. Announcement • Mar 28
Microlise Group plc to Report Fiscal Year 2023 Results on Apr 09, 2024 Microlise Group plc announced that they will report fiscal year 2023 results on Apr 09, 2024 New Risk • Jan 31
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). Large one-off items impacting financial results. Announcement • Jan 11
Microlise Group plc (AIM:SAAS) acquired Enterprise Software Systems Limited. Microlise Group plc (AIM:SAAS) signed an agreement to acquire Enterprise Software Systems Limited for £8.5 million on November 30, 2023. The transaction is subject to antitrust approval. SCM Securities Limited acted as Financial advisor to Microlise Group plc. David Nisbet of Osborne Clarke LLP acted as Legal advisor to Enterprise Software Systems Limited.
Microlise Group plc (AIM:SAAS) completed the acquisition of Enterprise Software Systems Limited on January 11, 2024. The acquisition was conditional upon no objections being raised by the UK Competition and Markets Authority ("CMA"), who have now confirmed no further information is required at this stage. Announcement • Nov 30
Microlise Group plc (AIM:SAAS) signed an agreement to acquire Enterprise Software Systems Limited for £8.5 million. Microlise Group plc (AIM:SAAS) signed an agreement to acquire Enterprise Software Systems Limited for £8.5 million on November 30, 2023.SCM Securities Limited acted as Financial advisor to Microlise Group plc. Reported Earnings • Oct 01
First half 2023 earnings released: EPS: UK£0.011 (vs UK£0.009 in 1H 2022) First half 2023 results: EPS: UK£0.011 (up from UK£0.009 in 1H 2022). Revenue: UK£33.9m (up 11% from 1H 2022). Net income: UK£1.22m (up 12% from 1H 2022). Profit margin: 3.6% (in line with 1H 2022). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in the United Kingdom. Announcement • Sep 19
Microlise Group plc to Report First Half, 2023 Results on Sep 28, 2023 Microlise Group plc announced that they will report first half, 2023 results on Sep 28, 2023 Board Change • Jun 15
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. CEO & Director Nadeem Raza is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 04
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: UK£0.012 (up from UK£0.014 loss in FY 2021). Revenue: UK£63.2m (up 7.5% from FY 2021). Net income: UK£1.35m (up UK£2.83m from FY 2021). Profit margin: 2.1% (up from net loss in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 68%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Software industry in the United Kingdom. Reported Earnings • Mar 31
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: UK£0.012 (up from UK£0.014 loss in FY 2021). Revenue: UK£63.2m (up 7.5% from FY 2021). Net income: UK£1.35m (up UK£2.83m from FY 2021). Profit margin: 2.1% (up from net loss in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 68%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Software industry in the United Kingdom. Reported Earnings • Sep 26
First half 2022 earnings released: EPS: UK£0.009 (vs UK£0.006 in 1H 2021) First half 2022 results: EPS: UK£0.009 (up from UK£0.006 in 1H 2021). Revenue: UK£30.7m (up 5.3% from 1H 2021). Net income: UK£1.09m (up 67% from 1H 2021). Profit margin: 3.6% (up from 2.2% in 1H 2021). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Software industry in the United Kingdom. Reported Earnings • Apr 15
Full year 2021 earnings released: UK£0.014 loss per share (vs UK£14.59 profit in FY 2020) Full year 2021 results: UK£0.014 loss per share (down from UK£14.59 profit in FY 2020). Revenue: UK£58.8m (up 14% from FY 2020). Net loss: UK£1.48m (down 225% from profit in FY 2020). Over the next year, revenue is forecast to grow 11%, compared to a 29% growth forecast for the industry in the United Kingdom. Recent Insider Transactions • Jan 27
CEO & Director recently bought UK£50k worth of stock On the 25th of January, Nadeem Raza bought around 33k shares on-market at roughly UK£1.54 per share. This was the largest purchase by an insider in the last 3 months. This was Nadeem's only on-market trade for the last 12 months. Board Change • Oct 31
High number of new directors Independent Non-Executive Chairman Jon Lee was the last director to join the board, commencing their role in 2021. Reported Earnings • Oct 01
Full year 2021 earnings released: EPS UK£0.022 The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: UK£57.0m (up 21% from FY 2020). Net income: UK£1.12m (down 40% from FY 2020). Profit margin: 2.0% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. 
