Tillkännagivande • Feb 04
Moovly Media Inc. Announces Resignation of Directors Moovly Media Inc. announced that Robert Meister and James Newall have resigned as directors of the Company effective immediately, to focus on their other commitments. Tillkännagivande • Jul 31
Moovly Media Inc. announced that it expects to receive CAD 0.4 million in funding Moovly Media Inc. announced a non-brokered private placement of up to 20,000,000 units at a price of CAD 0.02 per unit for gross proceeds of CAD 400,000 on July 30, 2024. Each unit will be comprised of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of CAD 0.05 per share for a period of 24 months from the date of issuance. All the securities issued under the private placement will be subject to a four-month resale restriction from the date of issuance. The completion of the private placement remains subject to approval of the TSX Venture Exchange. Reported Earnings • Jun 04
Second quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.002 loss in 2Q 2023) Second quarter 2024 results: CA$0.001 loss per share (improved from CA$0.002 loss in 2Q 2023). Revenue: CA$220.0k (down 37% from 2Q 2023). Net loss: CA$266.0k (loss narrowed 33% from 2Q 2023). Board Change • May 01
Insufficient new directors 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. No highly experienced directors. Independent Director Jamie Newall was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 24
Full year 2023 earnings released: CA$0.009 loss per share (vs CA$0.013 loss in FY 2022) Full year 2023 results: CA$0.009 loss per share (improved from CA$0.013 loss in FY 2022). Revenue: CA$1.37m (down 2.5% from FY 2022). Net loss: CA$1.59m (loss narrowed 23% from FY 2022). 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 Share price has been highly volatile over the past 3 months (73% average weekly change). Negative equity (-CA$3.2m). Revenue is less than US$1m (CA$1.3m revenue, or US$987k). Market cap is less than US$10m (€4.63m market cap, or US$5.04m). 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 (10% increase in shares outstanding). Tillkännagivande • Jan 26
Moovly Media Inc. announced that it has received CAD 0.750009 million in funding On January 25, 2024, Moovly Media Inc. closed the transaction. the company issued 16,666,866 units at an issue price of CAD 0.045 per unit for gross proceeds of CAD 750,009. Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share at a price of CAD 0.08 per share for a period of 24 months from the date of issuance. The Company has issued an aggregate of 305,580 finders’ warrants to eligible parties. Each finders’ warrant entitles the holder to purchase one Common Share at a price of CAD 0.08 for a period of 24 months from the date of issuance. All of the securities issued under the Private Placement will be subject to a four-month resale restriction and may not be traded until May 26, 2024. Tillkännagivande • Oct 31
Moovly Media Inc., Annual General Meeting, Dec 29, 2023 Moovly Media Inc., Annual General Meeting, Dec 29, 2023. Reported Earnings • Sep 04
Third quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.002 loss in 3Q 2022) Third quarter 2023 results: CA$0.002 loss per share (in line with 3Q 2022). Revenue: CA$309.9k (down 11% from 3Q 2022). Net loss: CA$330.9k (loss narrowed 14% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 02
Second quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.004 loss in 2Q 2022) Second quarter 2023 results: CA$0.002 loss per share (improved from CA$0.004 loss in 2Q 2022). Revenue: CA$350.7k (down 2.1% from 2Q 2022). Net loss: CA$395.4k (loss narrowed 39% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Tillkännagivande • May 09
Moovly Media Inc., Annual General Meeting, Jun 29, 2023 Moovly Media Inc., Annual General Meeting, Jun 29, 2023. Reported Earnings • Mar 03
First quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.004 loss in 1Q 2022) First quarter 2023 results: CA$0.002 loss per share (improved from CA$0.004 loss in 1Q 2022). Revenue: CA$349.3k (down 5.5% from 1Q 2022). Net loss: CA$312.6k (loss narrowed 49% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 100% per year, which means it is well ahead of earnings. Tillkännagivande • Feb 08
Moovly Media Inc. Integrates ChatGPT Functionality Enabling AI -Based Video Content Creation Moovly Media Inc. announce a major breakthrough in video creation technology, integrating the Moovly platform with OpenAI GPT-3 to bring customers next generation AI (Artificial Intelligence) capabilities. As ChatGPT uses natural language processing and GPT-3 technology to generate texts from user input, it can also create scripts for video content within Moovly. The initial integration within Moovly applies these capabilities for video script generation, enabling smart, AI-based automated video content creation, representing the first step to building an end-to-end automatic video generation solution. In combination with Moovly's existing AI-based integrated solutions from Amazon, Google and Microsoft, it will become possible for users of all skill levels to create affordable professional quality content "from idea to final video" in a matter of minutes, an industry first. Some unique features include: Auto-selection of script-based illustrating images, keywords, and video clips from a library of over 100 million digital assets; Automated voice-over generation of the GPT-generated script; Automatically preselect suitable background music; and Auto-population of specifically designed templates to produce videos fully automatically. Reported Earnings • Feb 01
Full year 2022 earnings released: CA$0.013 loss per share (vs CA$0.023 loss in FY 2021) Full year 2022 results: CA$0.013 loss per share (improved from CA$0.023 loss in FY 2021). Revenue: CA$1.40m (down 13% from FY 2021). Net loss: CA$2.06m (loss narrowed 39% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings. Board Change • Nov 16
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. 3 non-independent directors. Independent Director Rob Meister was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 31
Third quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.006 loss in 3Q 2021) Third quarter 2022 results: CA$0.002 loss per share (up from CA$0.006 loss in 3Q 2021). Revenue: CA$346.0k (up 16% from 3Q 2021). Net loss: CA$385.7k (loss narrowed 58% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Reported Earnings • Jun 01
Second quarter 2022 earnings released: CA$0.004 loss per share (vs CA$0.009 loss in 2Q 2021) Second quarter 2022 results: CA$0.004 loss per share (up from CA$0.009 loss in 2Q 2021). Revenue: CA$358.1k (down 21% from 2Q 2021). Net loss: CA$646.3k (loss narrowed 51% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. 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. 3 non-independent directors. Independent Director Rob Meister was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 03
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: CA$0.004 loss per share (down from CA$0.002 loss in 1Q 2021). Revenue: CA$369.5k (down 9.5% from 1Q 2021). Net loss: CA$614.8k (loss widened 122% from 1Q 2021). Revenue exceeded analyst estimates by 6.4%. Over the next year, revenue is forecast to grow 140%, compared to a 34% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Feb 01
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: CA$0.023 loss per share (down from CA$0.013 loss in FY 2020). Revenue: CA$1.61m (up 9.2% from FY 2020). Net loss: CA$3.35m (loss widened 96% from FY 2020). Revenue exceeded analyst estimates by 6.4%. Over the next year, revenue is forecast to grow 87%, compared to a 37% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Breakeven Date Change • Nov 24
No longer forecast to breakeven The analyst covering Moovly Media no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of CA$4.53m in 2022. New forecast suggests the company will make a loss of CA$710.0k in 2022. Reported Earnings • Sep 01
Third quarter 2021 earnings released: CA$0.006 loss per share (vs CA$0.002 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CA$299.5k (down 20% from 3Q 2020). Net loss: CA$923.8k (loss widened 273% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 02
Second quarter 2021 earnings released: CA$0.009 loss per share (vs CA$0.003 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CA$451.0k (down 10.0% from 2Q 2020). Net loss: CA$1.32m (loss widened 240% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 30% per year. Reported Earnings • Mar 02
First quarter 2021 earnings released: CA$0.002 loss per share (vs CA$0.003 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CA$408.3k (up 97% from 1Q 2020). Net loss: CA$276.8k (loss narrowed 26% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 11
New 90-day high: €0.35 The company is up 792% from its price of €0.039 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 1.0% over the same period. Reported Earnings • Jan 30
Full year 2020 earnings released: CA$0.013 loss per share (vs CA$0.014 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CA$1.47m (up 21% from FY 2019). Net loss: CA$1.71m (loss narrowed 5.2% from FY 2019). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Jan 30
New 90-day high: €0.22 The company is up 869% from its price of €0.022 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 4.0% over the same period. 