Announcement • Apr 14
MIDI p.l.c., Annual General Meeting, Jun 18, 2026 MIDI p.l.c., Annual General Meeting, Jun 18, 2026, at 16:00 Central European Standard Time. Location: the hilton malta, st julian`s, Malta Announcement • Aug 12
MIDI p.l.c. to Report First Half, 2025 Results on Aug 28, 2025 MIDI p.l.c. announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Apr 09
MIDI p.l.c., Annual General Meeting, Jun 12, 2025 MIDI p.l.c., Annual General Meeting, Jun 12, 2025. Announcement • Mar 28
MIDI p.l.c. to Report Fiscal Year 2024 Results on Apr 29, 2025 MIDI p.l.c. announced that they will report fiscal year 2024 results at 9:32 AM, Central European Standard Time on Apr 29, 2025 New Risk • Sep 08
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 10% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 69% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Revenue is less than US$5m (€4.1m revenue, or US$4.6m). Market cap is less than US$100m (€49.3m market cap, or US$54.6m). Announcement • Apr 29
MIDI p.l.c., Annual General Meeting, Jun 27, 2024 MIDI p.l.c., Annual General Meeting, Jun 27, 2024. Reported Earnings • Apr 28
Full year 2023 earnings released: €0.007 loss per share (vs €0.011 loss in FY 2022) Full year 2023 results: €0.007 loss per share (improved from €0.011 loss in FY 2022). Net loss: €1.52m (loss narrowed 33% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Earnings have declined by 81% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Revenue is less than US$5m (€3.3m revenue, or US$3.6m). Market cap is less than US$100m (€53.5m market cap, or US$58.3m). Board Change • Sep 06
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Jonathan Buttigieg was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 09
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Jonathan Buttigieg was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 10
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Sarah Mamo was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • May 10
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Sarah Mamo was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 27
Full year 2022 earnings released: €0.011 loss per share (vs €0.003 profit in FY 2021) Full year 2022 results: €0.011 loss per share (down from €0.003 profit in FY 2021). Net loss: €2.28m (down €2.83m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Board Change • Apr 19
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Sarah Mamo was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 23
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Sarah Mamo was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 04
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Sarah Mamo was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 18
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Sarah Mamo was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Jackie Briffa was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 17
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Jackie Briffa was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Jackie Briffa was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Jackie Briffa was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 14
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Jackie Briffa was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Jackie Briffa was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 28
MIDI p.l.c., Annual General Meeting, Jun 16, 2022 MIDI p.l.c., Annual General Meeting, Jun 16, 2022, at 16:00 Central European Standard Time. Agenda: To discuss Audited Financial Statements for the financial year ended 31 December 2021 and the Report of the Directors and the Auditors thereon as set out in the Annual Report be and are hereby approved; and to discuss reappointment of PricewaterhouseCoopers, of 78, Mill Street, Qormi, Malta as auditors of the Company be hereby approved and that the Directors are hereby authorised to fix their remuneration. Reported Earnings • Sep 04
First half 2021 earnings released: EPS €0.004 (vs €0.005 loss in 1H 2020) First half 2021 results: Net income: €961.6k (up €2.01m from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Announcement • Jun 24
MIDI p.l.c.Provides Earnings Guidance for the Year Ended December 31, 2021 MIDI p.l.c. provides earnings guidance for the year ended December 31, 2021. For the year, the company expected revenue of EUR 8,884,000, Results from operating activities of EUR 975,000, Profit before tax of EUR 504,000, loss for the period of EUR 367,000. Reported Earnings • Apr 29
Full year 2020 earnings released: €0.01 loss per share (vs €0.038 profit in FY 2019) Full year 2020 results: Net loss: €2.12m (down 126% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.