Reported Earnings • May 11
Full year 2025 earnings released Full year 2025 results: Revenue: UK£6.82m (down 1.0% from FY 2024). Net loss: UK£1.08m (down 395% from profit in FY 2024). Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Communications industry in the United Kingdom. New Risk • Apr 04
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 Market cap is less than US$10m (UK£4.83m market cap, or US$6.38m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Profit margins are more than 30% lower than last year (0.5% net profit margin). Buy Or Sell Opportunity • Mar 12
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to UK£0.68. The fair value is estimated to be UK£0.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 21%. Revenue is forecast to grow by 7.5% in 2 years. Earnings are forecast to decline by 387% in the next 2 years. Recent Insider Transactions • Feb 26
CEO & Director recently bought UK£163k worth of stock On the 24th of February, Lynden Jones bought around 250k shares on-market at roughly UK£0.65 per share. This transaction increased Lynden's direct individual holding by 4x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Lynden has been a buyer over the last 12 months, purchasing a net total of UK£194k worth in shares. Board Change • Jan 05
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. 3 non-independent directors. Independent Non-Executive Director John Christmas was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Dec 17
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 7.7% 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£4.95m market cap, or US$6.63m). Minor Risks Dividend is not well covered by earnings (dividend per share is over 7x earnings per share). Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Buy Or Sell Opportunity • Dec 16
Now 34% undervalued after recent price drop Over the last 90 days, the stock has fallen 31% to UK£0.57. The fair value is estimated to be UK£0.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 21%. Revenue is forecast to grow by 18% in a year. Earnings are forecast to grow by 1,427% in the next year. Upcoming Dividend • Oct 16
Upcoming dividend of UK£0.018 per share Eligible shareholders must have bought the stock before 23 October 2025. Payment date: 20 November 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.5%). Higher than average of industry peers (1.9%). Declared Dividend • Sep 18
First half dividend of UK£0.018 announced Shareholders will receive a dividend of UK£0.018. Ex-date: 23rd October 2025 Payment date: 20th November 2025 Dividend yield will be 3.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 7x earnings). However, it is well covered by cash flows (41% cash payout ratio). The dividend has increased by an average of 32% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 720% to bring the payout ratio under control. EPS is expected to grow by 93% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Sep 17
First half 2025 earnings released: UK£0.012 loss per share (vs UK£0.028 profit in 1H 2024) First half 2025 results: UK£0.012 loss per share (down from UK£0.028 profit in 1H 2024). Revenue: UK£3.37m (flat on 1H 2024). Net loss: UK£99.0k (down 143% from profit in 1H 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Sep 17
Touchstar plc Announces Interim Ordinary Dividend for the Six Months Ended 30 June 2025, Payable on 20 November 2026 Touchstar plc announced the interim ordinary dividend of 1.75 pence per share for the six months ended 30 June 2025 will be paid on 20 November 2026 to shareholders on the register on 24 October 2025. The ex-dividend date will be 23 October 2025. New Risk • Sep 16
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Dividend per share is over 6x earnings per share. Dividend yield: 3.5% 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: Major Risk Market cap is less than US$10m (UK£6.93m market cap, or US$9.46m). Minor Risks Dividend is not well covered by earnings (dividend per share is over 6x earnings per share). Profit margins are more than 30% lower than last year (0.5% net profit margin). Upcoming Dividend • Jul 17
Upcoming dividend of UK£0.015 per share Eligible shareholders must have bought the stock before 24 July 2025. Payment date: 12 August 2025. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (5.6%). In line with average of industry peers (3.6%). Announcement • Jun 25
Touchstar plc, Annual General Meeting, Jun 24, 2025 Touchstar plc, Annual General Meeting, Jun 24, 2025. Location: the offices of touchstar technologies ltd, 7 commerce way, trafford park, manchester m17 1hw, United Kingdom Reported Earnings • May 01
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: UK£0.045 (down from UK£0.076 in FY 2023). Revenue: UK£6.89m (down 4.6% from FY 2023). Net income: UK£366.0k (down 43% from FY 2023). Profit margin: 5.3% (down from 8.8% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.7%. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Apr 17
Touchstar plc to Report Fiscal Year 2024 Results on Apr 29, 2025 Touchstar plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Apr 29, 2025 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 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 High level of non-cash earnings (100% accrual ratio). Market cap is less than US$10m (UK£6.07m market cap, or US$7.93m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Announcement • Oct 30
Touchstar plc Revises Earnings Guidance for the Year Ending 31 December 2024 Touchstar plc revised earnings guidance for the year ending 31 December 2024. for the year, the company expects that the revenue for FY24 will below their previous expectation and will be broadly similar to the first half with a consequential impact on profits for the year. New Risk • Oct 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.59m (US$9.87m) 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 High level of non-cash earnings (100% accrual ratio). Market cap is less than US$10m (UK£7.59m market cap, or US$9.87m). Minor Risk Paying a dividend despite having no free cash flows. Upcoming Dividend • Oct 17
Upcoming dividend of UK£0.015 per share Eligible shareholders must have bought the stock before 24 October 2024. Payment date: 21 November 2024. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.7%). In line with average of industry peers (3.1%). Reported Earnings • Sep 29
First half 2024 earnings released: EPS: UK£0.028 (vs UK£0.032 in 1H 2023) First half 2024 results: EPS: UK£0.028 (down from UK£0.032 in 1H 2023). Revenue: UK£3.38m (down 9.4% from 1H 2023). Net income: UK£231.0k (down 15% from 1H 2023). Profit margin: 6.8% (down from 7.3% in 1H 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Sep 03
Touchstar plc to Report First Half, 2024 Results on Sep 26, 2024 Touchstar plc announced that they will report first half, 2024 results on Sep 26, 2024 Upcoming Dividend • Jun 13
Upcoming dividend of UK£0.015 per share Eligible shareholders must have bought the stock before 20 June 2024. Payment date: 19 July 2024. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.8%). Announcement • May 01
Touchstar plc, Annual General Meeting, Jun 03, 2024 Touchstar plc, Annual General Meeting, Jun 03, 2024. Location: WH Ireland at24 Martin Lane London EC4R 0DR - London United Kingdom Announcement • Apr 18
Touchstar plc Recommends a Final Ordinary Dividend for Year 2023, Payable on 19 July 2024 Touchstar plc announced Board recommended a final ordinary dividend of 1.5 pence per share (FY22: nil). Together with the interim dividend of 1.0 pence (FY22: nil) paid in December 2023, this makes a total ordinary dividend for the year of 2.5 pence (FY22: nil). This is covered just over three times by underlying basic earnings per share and aim is to increase the dividend in line with growth in earnings per share. Subject to the approval of shareholders at the Annual General Meeting, the final ordinary dividend of 1.5 pence per share will be paid on 19 July 2024 to shareholders on the register on 21 June 2024. The ex-dividend date will be 20 June 2024. Reported Earnings • Apr 17
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: UK£0.076 (up from UK£0.066 in FY 2022). Revenue: UK£7.22m (up 7.1% from FY 2022). Net income: UK£639.0k (up 14% from FY 2022). Profit margin: 8.8% (up from 8.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Mar 29
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 Market cap is less than US$10m (UK£7.38m market cap, or US$9.31m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Price Target Changed • Mar 11
Price target increased by 22% to UK£1.40 Up from UK£1.15, the current price target is provided by 1 analyst. New target price is 49% above last closing price of UK£0.94. Stock is up 18% over the past year. The company is forecast to post earnings per share of UK£0.076 for next year compared to UK£0.066 last year. Announcement • Mar 11
Touchstar plc to Report Fiscal Year 2023 Final Results on Apr 17, 2024 Touchstar plc announced that they will report fiscal year 2023 final results on Apr 17, 2024 New Risk • Feb 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.83m (US$9.87m) 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. This is currently the only risk that has been identified for the company. Announcement • Dec 13
Touchstar plc Announces the Appointment of Natasha Rourke to the Board as the Chief Financial Officer Touchstar plc announced the appointment of Natasha Rourke, currently the Group's financial controller, to the Board as the Chief Financial Officer with immediate effect. Natasha is a Fellow of the Institute of Chartered Accountant with over 30 years' experience, working in both practice and industry. She joined Touchstar in 2007 as the Company's financial controller. Upcoming Dividend • Nov 02
Upcoming dividend of UK£0.01 per share at 2.2% yield Eligible shareholders must have bought the stock before 09 November 2023. Payment date: 08 December 2023. Trailing yield: 2.2%. Lower than top quartile of British dividend payers (6.7%). Lower than average of industry peers (4.4%). Reported Earnings • Sep 13
First half 2023 earnings released: EPS: UK£0.032 (vs UK£0.019 in 1H 2022) First half 2023 results: EPS: UK£0.032 (up from UK£0.019 in 1H 2022). Revenue: UK£3.73m (up 20% from 1H 2022). Net income: UK£271.0k (up 65% from 1H 2022). Profit margin: 7.3% (up from 5.3% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Announcement • Sep 09
Touchstar plc Proposes Interim Dividend or the Six Months Ended 30 June 2023, Payable on 8 December 2023 The Board of Touchstar plc has proposed an interim dividend of 1.0 pence per share (2022: nil), consistent with the first-half increase in earnings per share. The interim dividend is expected to be paid on 8 December 2023 to those shareholders on the register at the close of business on 10 November 2023. The ex-dividend date will be 9 November 2023. Announcement • Jun 23
Touchstar plc Recommends Interim Dividend for the Six Months Ending 30 June 2023 Touchstar plc announced that The Board intends to commence the payment of dividends following the announcement of the Company's results for the six months ending 30 June 2023, which are expected to be announced in September, with an interim dividend of 1 pence per share. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to UK£1.13, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the Communications industry in the United Kingdom. Total returns to shareholders of 150% over the past three years. Reported Earnings • Apr 19
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: UK£0.066 (up from UK£0.04 in FY 2021). Revenue: UK£6.74m (up 11% from FY 2021). Net income: UK£558.0k (up 64% from FY 2021). Profit margin: 8.3% (up from 5.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Announcement • Jan 23
Touchstar plc Provides Earnings Guidance for the Fiscal Year 2022 and 2023 Touchstar plc provided earnings guidance for the fiscal year 2022 and 2023. For the 2022, the company is expected to be in line with market expectations at the revenue and profit before tax levels. The Board anticipates: revenue growth of over 10% compared to Fiscal Year 2021; profit before tax to be 100% higher than Fiscal Year 2021.For the 2023, The buoyant level of the current order book and trading momentum underpin the prospects for 2023 and gives the Directors increasing confidence for 2023. It supports the expectation for another year of improved financial performance with the group well placed to deliver: further growth in total revenue. Board Change • Nov 16
Less than half of directors are independent 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. 1 independent director (2 non-independent directors). Independent Non-Executive Director John Christmas was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 16
First half 2022 earnings released: EPS: UK£0.019 (vs UK£0.013 in 1H 2021) First half 2022 results: EPS: UK£0.019 (up from UK£0.013 in 1H 2021). Revenue: UK£3.10m (up 7.2% from 1H 2021). Net income: UK£164.0k (up 46% from 1H 2021). Profit margin: 5.3% (up from 3.9% in 1H 2021). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 30
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: UK£0.04 (up from UK£0.01 in FY 2020). Revenue: UK£6.10m (up 3.7% from FY 2020). Net income: UK£341.0k (up 292% from FY 2020). Profit margin: 5.6% (up from 1.5% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 9.8%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 27
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: UK£0.04 (up from UK£0.01 in FY 2020). Revenue: UK£6.10m (up 3.7% from FY 2020). Net income: UK£341.0k (up 292% from FY 2020). Profit margin: 5.6% (up from 1.5% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 9.8%, compared to a 14% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent 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. 1 independent director (2 non-independent directors). Independent Non-Executive Director John Christmas was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 15
First half 2021 earnings released: EPS UK£0.013 (vs UK£0.018 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: UK£2.90m (down 8.9% from 1H 2020). Net income: UK£112.0k (down 25% from 1H 2020). Profit margin: 3.9% (down from 4.7% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Price Target Changed • Sep 14
Price target increased to UK£1.15 Up from UK£1.00, the current price target is provided by 1 analyst. New target price is 44% above last closing price of UK£0.80. Stock is up 100% over the past year. Reported Earnings • Apr 24
Full year 2020 earnings released: EPS UK£0.01 (vs UK£0.041 loss 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: UK£5.89m (down 12% from FY 2019). Net income: UK£87.0k (up UK£432.0k from FY 2019). Profit margin: 1.5% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 20
New 90-day high: UK£0.73 The company is up 53% from its price of UK£0.48 on 20 November 2020. The British market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 1.0% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: UK£0.58 The company is up 54% from its price of UK£0.38 on 15 October 2020. The British market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 5.0% over the same period. Is New 90 Day High Low • Dec 03
New 90-day high: UK£0.53 The company is up 1.0% from its price of UK£0.53 on 04 September 2020. The British market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 11% over the same period. Is New 90 Day High Low • Oct 07
New 90-day low: UK£0.40 The company is down 31% from its price of UK£0.57 on 09 July 2020. The British market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 8.0% over the same period.