Tillkännagivande • May 08
Getech Group plc, Annual General Meeting, Jun 02, 2026 Getech Group plc, Annual General Meeting, Jun 02, 2026. Location: london United Kingdom Tillkännagivande • May 02
Getech Group plc Provides Earnings Guidance for the First Quarter 2026 Getech Group plc provided earnings guidance for the first quarter 2026. For the period, the company expects trading momentum has carried into 2026, with unaudited first quarter revenues 5% ahead year-on-year. Tillkännagivande • Apr 29
Getech Group plc to Report Fiscal Year 2025 Final Results on Apr 30, 2026 Getech Group plc announced that they will report fiscal year 2025 final results at 8:00 AM, GMT Standard Time on Apr 30, 2026 Tillkännagivande • Jul 25
Getech Group plc Provides Earnings Guidance for First Half and Second Half of 2025 Getech Group plc provided earnings guidance for first half and second half of 2025. For the first half, the Group expects to achieve revenues of £2.09 million (H1 2024: £2.15m).
For second half of the year, the Group continues to believe it has a sufficient pipeline of expected renewals and new business opportunities to meet the target of delivering mid-to-high single digit organic revenue growth. Tillkännagivande • May 07
Getech Group plc Provides Earnings Guidance for 2025 Getech Group plc provided earnings guidance for 2025. They are targeting mid-to-high single digit organic revenue growth which should ensure that the Group is EBITDA positive from its core business - that is, excluding any upside from portfolio of low carbon equity projects. Tillkännagivande • May 06
Getech Group plc, Annual General Meeting, May 29, 2025 Getech Group plc, Annual General Meeting, May 29, 2025. Tillkännagivande • Jan 23
Getech Group plc Announces Chief Executive Officer Changes Getech Group plc announced that Richard Bennett has decided to step down as Chief Executive Officer, effective 22 January 2025. Richard joined the Company as Non-Executive Chairman in January 2021, was appointed Interim Executive Chairman in February 2023 and then appointed CEO in February 2024. He led the Company's evolution to becoming a leading locator of natural resources for the Energy Transition and has now chosen to hand-over the CEO role and focus on his business interests in renewable energy. Chris Jepps, the Chief Operating Officer of Getech since February 2018, has been appointed Interim CEO for an initial term of six months and will be supported by Max Brouwers, Chief Business Development Officer, who it is proposed will be appointed to the Board as an executive director. The proposed appointment of Mr. Brouwers to the board of Getech remains subject to approval from the Company's nominated adviser and completion of the customary due diligence to satisfy itself as to board composition and the suitability of the proposed director for the purpose of the AIM Rules for Nominated Advisers, and a further announcement will be made in due course. Chris has extensive energy industry, GIS and entrepreneurial experience. In his time as Technical Director at Exprodat he established the company's product strategy and led its software design and development programme. Following Exprodat's acquisition by Getech Group plc in 2016, Chris joined as Products Director, becoming Getech's COO in February 2018. During his near 7 years as COO, Chris led the Company's product strategy with the aim of growing software revenues from Getech's core and emerging markets. Some of his key achievements in this time include enhancing its oil and gas workflow products to meet the changing needs of the energy market, migrating Globe from its legacy delivery model to a modern cloud-based architecture that enabled the launch of a subscription model to support wider energy transition adoption, and introducing cloud-based subscription models for its global gravity and magnetic data holdings to better serve the needs of Getech's mining customer-base. Chris has a BSc in Geology from Imperial College, London, and is an alumnus of Esri's global Partner Advisory Council. Tillkännagivande • Jan 21
Getech Group plc Provides Earnings Guidance for the Financial Year Ended 31 December 2024 Getech Group plc provided earnings guidance for the financial year ended 31 December 2024. The Company expects to report a 17% increase in revenues to £4.7 million (2023: £4.0 million). The rise in sales came from the retained client base and new services income from the growing portfolio of work supporting sub-surface exploration for materials connected to the Energy Transition such as natural or white hydrogen, battery materials or geothermal sources of energy. The Group order book as at 31 December 2024 was £4.1 million (2023: £4.5 million), with the slight reduction due to the successful unwinding of the contracted orderbook to revenue during the year. Annual recurring revenue ("ARR") in full year 2024 was £2.9 million (2023: £2.8 million) with the management team continuing to focus on expanding ARR income through a subscription model and aiming to both add new clients and increase the scope of services and value-add provided to existing clients. New Risk • Oct 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 126% 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 (497% average daily change). Shareholders have been substantially diluted in the past year (126% increase in shares outstanding). Market cap is less than US$10m (€4.37m market cap, or US$4.78m). Reported Earnings • Sep 27
First half 2024 earnings released: UK£0.011 loss per share (vs UK£0.041 loss in 1H 2023) First half 2024 results: UK£0.011 loss per share (improved from UK£0.041 loss in 1H 2023). Revenue: UK£2.16m (up 17% from 1H 2023). Net loss: UK£746.0k (loss narrowed 73% from 1H 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Energy Services industry in Europe. New Risk • Sep 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% 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 Share price has been highly volatile over the past 3 months (492% average daily change). Market cap is less than US$10m (€2.58m market cap, or US$2.85m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Tillkännagivande • Aug 23
Getech Group plc has completed a Follow-on Equity Offering in the amount of £0.2 million. Getech Group plc has completed a Follow-on Equity Offering in the amount of £0.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: £0.02
Transaction Features: Regulation S Tillkännagivande • Jul 24
Getech Group plc Announces New Zambia Data Package for Mineral Exploration Getech Group plc announced the launch of a comprehensive data package in support of mineral exploration in Zambia. The launch of the data package, is in response to commercial requests and follows the Zambian government's decision to rationalise exploration licenses throughout the country and is designed to support companies looking to apply for new licenses in order to explore Zambia's mineral rich subsurface. Through its integrated geological and geophysical data, the package enables innovative exploration techniques, streamlines mineral location workflows and provides a competitive edge to companies exploring for mineral resources across Zambia. Leveraging Getech's geoscience and subsurface expertise, as well as best-in-class geophysical and geological data, the data package is an invaluable resource for companies aiming to capitalise on new mining opportunities across Zambia. Getech's Zambian Data Package for Mineral Exploration comprises: Geophysical Data: Gravity and magnetics data, lithospheric thickness, structural interpretation, structural reconstruction models and tectonic history. Getech's Zambian magnetic data includes reprocessed legacy surveys from the African Magnetic Mapping Project which have been IGRF-corrected, levelled, adjusted to a 1 km drape height, merged and gridded at a 1 km cell size. Getech's Zambian gravity data includes data from over 6,000 gravity stations which have been harmonized; re-processed by Getech's potential field experts to create bouguer anomaly, isostatic residual anomaly and several derivatives of the isostatic residual anomaly; and gridded at a 4 km cell size. Satellite and Earth Observation Data: Decorrelation stretches; Advanced Spaceborne Thermal Emission and Reflection Radiometer images re-processed and delivered with a suite of Mineral Indices maps; Digital Elevation Models (DEMs); vegetation and land-use maps; as well as drainage and catchment area maps. Globe Geoscience Data - Zambia Focus: Comprehensive coverage of Globe's rich geologic knowledgebase for Zambia, including detailed data on geologic structure, crustal architecture, Depth to Basement (D2B) and paleoclimate models. Geological Data: Mineral occurrences, lithology and geology maps and reports. Expert Support: Getech's team of experienced geoscientists is available to provide expert support and consultation, helping companies to maximise the value of the data and optimise their exploration strategies. Reported Earnings • Jun 21
Full year 2023 earnings released: UK£0.076 loss per share (vs UK£0.042 loss in FY 2022) Full year 2023 results: UK£0.076 loss per share (further deteriorated from UK£0.042 loss in FY 2022). Revenue: UK£4.02m (down 21% from FY 2022). Net loss: UK£5.15m (loss widened 82% from FY 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. New Risk • Apr 12
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 Share price has been highly volatile over the past 3 months (24% average weekly change). Market cap is less than US$10m (€7.15m market cap, or US$7.62m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Tillkännagivande • Dec 15
Getech Group plc Announces Sales Guidance for the Year Ending on 31 December 2023 Getech Group plc announced that the annual sales for the current financial year ending on 31 December 2023 are expected to be in the order of £4.0 million to £4.4 million. While revenue levels are expected to be below market expectations for 2023, demand for the Company's services and data into 2024 and beyond is increasing. Reported Earnings • Sep 26
First half 2023 earnings released: UK£0.041 loss per share (vs UK£0.014 loss in 1H 2022) First half 2023 results: UK£0.041 loss per share (further deteriorated from UK£0.014 loss in 1H 2022). Revenue: UK£1.85m (down 31% from 1H 2022). Net loss: UK£2.76m (loss widened 184% from 1H 2022). Tillkännagivande • Sep 19
Getech Group plc to Report First Half, 2023 Results on Sep 25, 2023 Getech Group plc announced that they will report first half, 2023 results on Sep 25, 2023 New Risk • Jun 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.07m (US$8.80m) 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 (13% average weekly change). Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (€8.07m market cap, or US$8.80m). Minor Risk Currently unprofitable and not forecast to become profitable next year (UK£2.8m net loss next year). Reported Earnings • Jun 05
Full year 2022 earnings released: UK£0.042 loss per share (vs UK£0.033 loss in FY 2021) Full year 2022 results: UK£0.042 loss per share (further deteriorated from UK£0.033 loss in FY 2021). Revenue: UK£5.07m (up 19% from FY 2021). Net loss: UK£2.83m (loss widened 45% from FY 2021). Tillkännagivande • Jun 05
Getech Group plc, Annual General Meeting, Jun 29, 2023 Getech Group plc, Annual General Meeting, Jun 29, 2023, at 11:00 Coordinated Universal Time. Tillkännagivande • Jun 02
Getech Group plc to Report Q4, 2022 Results on Jun 05, 2023 Getech Group plc announced that they will report Q4, 2022 results on Jun 05, 2023 Tillkännagivande • Jan 24
Getech Group plc Provides Revenue Guidance for the Year Ended December 31, 2022 Getech Group plc provided revenue guidance for the year ended December 31, 2022. Double-digit revenue growth, ahead of market expectations: £5.0 million (FY2021: £4.3 million) with a 66%/23% split between transitional petroleum and critical minerals. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Emma Parker-Wilson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 29
First half 2022 earnings released: UK£0.014 loss per share (vs UK£0.01 loss in 1H 2021) First half 2022 results: UK£0.014 loss per share (further deteriorated from UK£0.01 loss in 1H 2021). Revenue: UK£2.70m (up 11% from 1H 2021). Net loss: UK£973.0k (loss widened 83% from 1H 2021). Tillkännagivande • Sep 08
Getech Appoints Kathrin Schulz as the Group's European Hydrogen Business Development Director Getech, announced the appointment of Kathrin Schulz as the Group's European Hydrogen Business Development Director. Based in Berlin, Ms. Schulz will be working to further support Getech's ambition to establish over 500MW of new geoenergy and green hydrogen assets by 2030 and progress the Company's growth in new areas of Europe. Implementing the Company's strategy for locating, developing and operating energy resources that accelerate the path to net zero, Getech is developing a network of green hydrogen hubs, co-located with wind and solar, to decarbonise transport and industrial sectors. An update on Getech's current hydrogen development activities will be included in the Company's interim results released later in September. Reported Earnings • May 20
Full year 2021 earnings released: UK£0.033 loss per share (vs UK£0.044 loss in FY 2020) Full year 2021 results: UK£0.033 loss per share. Revenue: UK£4.28m (up 20% from FY 2020). Net loss: UK£1.95m (loss widened 19% from FY 2020). Over the next year, revenue is forecast to grow 12%, compared to a 19% growth forecast for the industry in Germany. Tillkännagivande • May 19
Getech Group plc, Annual General Meeting, Jun 23, 2022 Getech Group plc, Annual General Meeting, Jun 23, 2022, at 11:00 Coordinated Universal Time. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Non-Executive Director Michael Covington was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 01
Getech Group plc Expands Maptium Platform for Energy Transition Getech Group plc advised that it has expanded its Maptium platform offering with further content and analysis for the energy transition. Maptium provides a secure web-based gateway to Getech's world-class data and analytics content. It allows users to visualise and analyse energy and mineral resources information, maximising the value and knowledge of their projects and operations. The platform can be utilised by customers across a wide range of energy transition projects, including geothermal, critical minerals and carbon capture and storage. The content is available to license through Maptium now is: Maptium Gravity & Magnetic-enhances understanding of the subsurface, using Getech's world-leading global gravity and magnetic data. The content is used by customers across the energy transition sectors to de-risk exploration, improve efficiency and optimise performance in the delivery of projects; Maptium Sedimentary Copper-provides analysis and insights into the location and economic concentration of sedimentary copper, a metal key to almost every renewable energy solution. The content is used by mining customers to improve prospectivity of their copper exploration projects; Maptium Geodynamics-enables access to Getech's market-leading plate model and geodynamics expertise to improve understanding of the geologic evolution for an area of interest. The content is used by customers across the energy transition sectors to build a better regional understanding of their projects. Reported Earnings • Oct 03
First half 2021 earnings released: UK£0.01 loss per share (vs UK£0.012 loss in 1H 2020) The company reported a soft first half result with increased losses and weaker control over costs, although revenues improved. First half 2021 results: Revenue: UK£2.42m (up 16% from 1H 2020). Net loss: UK£532.0k (loss widened 19% from 1H 2020). Executive Departure • Jul 23
Independent Non Executive Director Christopher Flavell has left the company On the 22nd of July, Christopher Flavell's tenure as Independent Non Executive Director ended after 5.7 years in the role. We don't have any record of a personal shareholding under Christopher's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 4.58 years. Executive Departure • Jul 23
Independent Non Executive Director Christopher Flavell has left the company On the 22nd of July, Christopher Flavell's tenure as Independent Non Executive Director ended after 5.7 years in the role. We don't have any record of a personal shareholding under Christopher's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 4.58 years. Reported Earnings • Jun 07
Full year 2020 earnings released: UK£0.044 loss per share (vs UK£0.082 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: UK£3.56m (down 41% from FY 2019). Net loss: UK£1.64m (loss narrowed 47% from FY 2019). Tillkännagivande • Apr 24
Getech Group plc Provides Revenue Guidance for the Year 2021 Getech Group Plc provided revenue guidance for the year 2021. The company announced that it has successfully agreed software licence renewals with existing customers with a combined value of £375,000. These agreements include both annual and multi-year licences. In addition, and on top of Getech's baseline of monthly orderbook revenue, the Group has recently successfully negotiated new sales of data and has won new service projects with existing and new customers with a combined value of £350,000. Together, the sales detailed above are expected to deliver £537,000 of revenue in financial year 2021.