Announcement • Mar 30
Roma Green Finance Limited (NasdaqCM:ROMA) announces an Equity Buyback for $100 million worth of its shares. Roma Green Finance Limited (NasdaqCM:ROMA) announces an share repurchase program. Under the program, the company will repurchase up to $100 million of its outstanding Class A ordinary shares. This repurchase program valid till December 31, 2028. New Risk • Jan 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$95.3m 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$19m free cash flow). Earnings have declined by 80% per year over the past 5 years. Shareholders have been substantially diluted in the past year (398% increase in shares outstanding). Minor Risks Revenue is less than US$5m (HK$13m revenue, or US$1.6m). Market cap is less than US$100m (US$95.3m market cap). Reported Earnings • Dec 26
First half 2026 earnings released: HK$0.40 loss per share (vs HK$1.48 loss in 1H 2025) First half 2026 results: HK$0.40 loss per share. Revenue: HK$3.73m (up 18% from 1H 2025). Net loss: HK$17.5m (loss widened 1.1% from 1H 2025). New Risk • Dec 24
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: -HK$19m 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 (-HK$19m free cash flow). Earnings have declined by 80% per year over the past 5 years. Shareholders have been substantially diluted in the past year (325% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (HK$13m revenue, or US$1.6m). New Risk • Sep 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 20% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 97% per year over the past 5 years. Shareholders have been substantially diluted in the past year (471% increase in shares outstanding). Minor Risk Revenue is less than US$5m (HK$12m revenue, or US$1.6m). Reported Earnings • Aug 01
Full year 2025 earnings released: HK$2.04 loss per share (vs HK$0.72 loss in FY 2024) Full year 2025 results: HK$2.04 loss per share (further deteriorated from HK$0.72 loss in FY 2024). Revenue: HK$12.2m (up 23% from FY 2024). Net loss: HK$27.8m (loss widened 376% from FY 2024). New Risk • Jul 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Earnings have declined by 111% per year over the past 5 years. Shareholders have been substantially diluted in the past year (155% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (HK$8.0m revenue, or US$1.0m). Market cap is less than US$100m (US$91.8m market cap). New Risk • Jun 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 120% 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 Earnings have declined by 111% per year over the past 5 years. Shareholders have been substantially diluted in the past year (120% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (HK$8.0m revenue, or US$1.0m). Market cap is less than US$100m (US$61.1m market cap). Announcement • Jun 06
Roma Green Finance Limited has completed a Follow-on Equity Offering in the amount of $6.93 million. Roma Green Finance Limited has completed a Follow-on Equity Offering in the amount of $6.93 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,000,000
Price\Range: $0.6
Discount Per Security: $0
Security Name: Common Warrants
Security Type: Equity Warrant
Securities Offered: 33,000,000 Announcement • Feb 28
Roma Green Finance Limited has filed a Follow-on Equity Offering in the amount of $6.6 million. Roma Green Finance Limited has filed a Follow-on Equity Offering in the amount of $6.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,000,000
Price\Range: $0.6
Discount Per Security: $0
Security Name: Common Warrants
Security Type: Equity Warrant
Securities Offered: 33,000,000 New Risk • Jan 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.33m 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 (-HK$32m free cash flow). Earnings have declined by 111% per year over the past 5 years. Market cap is less than US$10m (US$9.33m market cap). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (HK$8.0m revenue, or US$1.0m). New Risk • Dec 27
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: -HK$32m 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 (-HK$32m free cash flow). Earnings have declined by 111% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (HK$8.0m revenue, or US$1.0m). Market cap is less than US$100m (US$14.8m market cap). Board Change • Nov 01
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Chairlady & CEO Claire Luk is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 01
Roma Green Finance Limited announced delayed 20-F filing On 07/31/2024, Roma Green Finance Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Jun 09
Roma Green Finance Limited has filed a Follow-on Equity Offering in the amount of $1.2636 million. Roma Green Finance Limited has filed a Follow-on Equity Offering in the amount of $1.2636 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,600,000
Price\Range: $0.351
Discount Per Security: $0 Announcement • May 23
Roma Green Finance Receives Nasdaq Deficiency Notice Regarding Minimum Bid Price Requirement Roma Green Finance Limited disclosed that it had received a notice (the ‘Notice’) from the Nasdaq Stock Market LLC (‘Nasdaq’) that ROMA is not currently in compliance with the $1.00 minimum bid price requirement for continued listing of the Company’s ordinary shares (the ‘Ordinary Shares’) on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rules (the ‘Minimum Bid Price Requirement’). The Notice indicated that the Company has 180 days, or until November 13, 2024 (the ‘Compliance Deadline’), to regain compliance with the Minimum Bid Price Requirement by having the closing bid price of the Ordinary Shares meet or exceed $1.00 per Ordinary Share for at least ten consecutive business days. The Notice has no immediate effect on the listing of the Company’s Ordinary Shares, which continue to trade on The Nasdaq Capital Market under the symbol ‘ROMA’. The Company intends to monitor the closing bid price of its Ordinary Shares and may, if appropriate, consider implementing available options to regain compliance with the Minimum Bid Price Requirement, including a reverse stock split (i.e., a share consolidation). If the Company does not regain compliance by the Compliance Deadline, the Company may be afforded an additional 180 calendar day period to regain compliance as provided by the Nasdaq Listing Rules. New Risk • Apr 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.97m 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 (39% average weekly change). Negative equity (-HK$2.2m). Revenue has declined by 12% over the past year. Market cap is less than US$10m (US$9.97m market cap). Minor Risk Revenue is less than US$5m (HK$13m revenue, or US$1.6m). New Risk • Mar 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 Share price has been highly volatile over the past 3 months (47% average weekly change). Negative equity (-HK$459k). Revenue has declined by 4.1% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Revenue is less than US$5m (HK$14m revenue, or US$1.7m). Market cap is less than US$100m (US$11.3m market cap). Buy Or Sell Opportunity • Mar 01
Now 41% overvalued The stock has been flat over the last 90 days, currently trading at US$1.36. The fair value is estimated to be US$0.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last year, while earnings per share has been flat. Buy Or Sell Opportunity • Feb 07
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at US$0.77. The fair value is estimated to be US$0.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last year, while earnings per share has been flat.