Announcement • Apr 02
Veloryx Ltd, Annual General Meeting, May 06, 2026 Veloryx Ltd, Annual General Meeting, May 06, 2026. Location: co. offices, Israel New Risk • Mar 31
New major risk - Negative shareholders equity The company has negative equity. Total equity: -US$10m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$10m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Negative equity (-US$10m). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₪97.8m market cap, or US$30.8m). New Risk • Feb 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$13m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 4.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (₪54.5m market cap, or US$17.3m). New Risk • Dec 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₪32.3m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$13m free cash flow). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Earnings have declined by 4.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (₪32.3m market cap, or US$9.99m). New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$13m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$13m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 4.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₪47.8m market cap, or US$14.3m). New Risk • Apr 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₪86.5m market cap, or US$22.7m). New Risk • Mar 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (₪58.6m market cap, or US$16.3m). Announcement • Jan 06
Aquarius Engines (A.M) Ltd., Annual General Meeting, Feb 06, 2025 Aquarius Engines (A.M) Ltd., Annual General Meeting, Feb 06, 2025. Location: co. offices, Israel Announcement • Dec 05
Aquarius Engines (A.M) Ltd. Announces CEO Changes Aquarius Engines announced that its Board of Directors has approved the appointment of Mr. Gal Friedman as the company's CEO, effective December 5, 2024. Friedman, one of the company's founders who previously served as Chairman of the Board and Chief Marketing Officer, brings extensive experience and deep knowledge of the company's field of operations. He will succeed Mr. Ariel Gorfung, who stepped down due to family reasons. New Risk • Nov 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₪37.0m (US$9.88m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$12m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₪37.0m market cap, or US$9.88m). New Risk • Apr 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₪36.2m (US$9.75m) 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (US$27k revenue). Market cap is less than US$10m (₪36.2m market cap, or US$9.75m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). New Risk • Mar 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$16m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (US$27k revenue). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (₪38.0m market cap, or US$10.3m). Announcement • Nov 05
Aquarius Engines (A.M) Ltd., Annual General Meeting, Nov 08, 2023 Aquarius Engines (A.M) Ltd., Annual General Meeting, Nov 08, 2023, at 14:00 Israel Standard Time. New Risk • Jun 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$21m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$21m free cash flow). Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m (US$27k revenue). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (₪64.5m market cap, or US$17.8m). New Risk • Jun 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (₪67.8m market cap, or US$18.7m). Announcement • Feb 03
Aquarius Engines (A.M) Ltd. announced that it expects to receive $5 million in funding from TPR Co., Ltd. Aquarius Engines (A.M) Ltd. announced that it will raise $5 million in a round of funding from returning investor TPR Co., Ltd. on February 3, 2022. Announcement • May 19
Aquarius Engines Unveils New Hydrogen Engine that Overcomes Fuel Cell Shortcomings Aquarius Engines have unveiled a new hydrogen engine that may make reliance on both hydrogen fuel-cells and fossil fuel a thing of the past. The tiny 10kg machine is based on the same technology as their original patented single-piston-linear-engine but operates exclusively on hydrogen. As governments around the world prepare to eliminate fossil fuels; Aquarius Engines has successfully tested a viable replacement to the traditional combustion engine that operates on hydrogen. The new Aquarius Hydrogen Engine's lightweight design and unique internal-gas-exchange-method would greatly reduce emissions and lower the global carbon footprint. Aquarius Engines waited to unveil the new hydrogen engine until after successful third-party tests were conducted by the world-renowned Austrian engineering firm AVL-Schrick. The tests demonstrated that a modified version of the original Aquarius Engine can fully operate on Hydrogen. The original Aquarius Engines Generator is currently undergoing successful field tests in North America, Europe, Asia and Australasia. Aquarius Engines recently announced partnership deals with Nokia in the field of remote communication and energy equipment management in addition to establishing a subsidiary in Tokyo and partnering with Japanese auto-parts manufacturers TPR and Honda-affiliate Musashi Seimitsu. The 10kg Aquarius Engine was invented in 2014 and is designed to be used as an onboard power generator in a vehicle or as a stand-alone electricity generator. Unlike most conventional engines that are made of hundreds of parts, the Aquarius Engine has just twenty components and one moving part. The lightweight streamlined design makes it inexpensive and highly efficient with minimal need for maintenance, compared to traditional engines. The Aquarius Engines technology currently has around two dozen patents registered worldwide. Aquarius Engines has manufacturing and development centers in Israel, Germany and Poland. Announcement • Jan 29
Aquarius Engines Reaches Phase Two of Generator Pilot with Nokia Aquarius Engines has completed phase one of their partnership agreement with Nokia. The Finnish communications giant now plans to expand field tests of the Aquarius generator from three to five pilots. The initial phase was to test and verify the Aquarius Engines patented remote energy management software, which is designed to allow clients to closely monitor the efficiency of remotely placed generators from miles away. In the long term Nokia hopes to roll-out Aquarius micro generators to isolated communications towers, as well as providing power to areas far beyond the electric grid. In addition Nokia has expressed its desire to expand global field tests of the Aquarius generator from three to five pilots. The initial plan was to evaluate the Aquarius Generator at far-flung locations in Australia, New Zealand and Singapore. Due to the success of phase one tests, they have now asked to increase field tests into Europe to include Germany and Poland.