Buy Or Sell Opportunity • May 18
Now 21% undervalued Over the last 90 days, the stock has risen 13% to €0.38. The fair value is estimated to be €0.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 187% in the next 2 years. New Risk • Apr 14
New major risk - Revenue and earnings growth Earnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€45.1m market cap, or US$53.2m). Tillkännagivande • Apr 14
ProCook Group plc to Report Fiscal Year 2026 Results on Jun 24, 2026 ProCook Group plc announced that they will report fiscal year 2026 results on Jun 24, 2026 Buy Or Sell Opportunity • Mar 20
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to €0.29. The fair value is estimated to be €0.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 190% in the next 2 years. New Risk • Mar 02
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 German stocks, typically moving 14% 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 Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€39.0m market cap, or US$46.1m). Buy Or Sell Opportunity • Jan 26
Now 25% undervalued Over the last 90 days, the stock has risen 2.9% to €0.35. The fair value is estimated to be €0.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 190% in the next 2 years. New Risk • Dec 11
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€48.5m market cap, or US$56.9m). Tillkännagivande • Jul 06
ProCook Group plc, Annual General Meeting, Sep 10, 2025 ProCook Group plc, Annual General Meeting, Sep 10, 2025. Location: procooks store support centre at procook, 10 st modwen park, gloucester, gl10 3ez, United Kingdom New Risk • Jun 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€51.5m market cap, or US$60.4m). Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: UK£0.009 (vs UK£0.006 in FY 2024) Full year 2025 results: EPS: UK£0.009 (up from UK£0.006 in FY 2024). Revenue: UK£69.5m (up 11% from FY 2024). Net income: UK£1.00m (up 64% from FY 2024). Profit margin: 1.4% (up from 1.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Tillkännagivande • Jun 25
ProCook Group plc Provides Earnings Guidance for the Fiscal Year 2026 ProCook Group plc provides earnings guidance for the fiscal year 2026. For the year, The company expects to deliver continued revenue growth, primarily driven by progress in digital marketing and Ecommerce performance and the benefit of the annualisation and increasing maturity of new Retail stores opened last year, coupled with the planned opening of between five and ten net new stores in the current year. The company anticipates a modest improvement in gross margins, and with continued focus on cost discipline across the business, The company expects to mitigate cost pressures including the recent NIC increases, allowing to re-invest responsibly to accelerate future profitable growth. Despite the continued macro-economic and geo-political challenges, the refreshed strategy and strengthened customer focus is beginning to deliver improved performance and the company have both the opportunity and a clear plan to accelerate this further. Tillkännagivande • Apr 16
ProCook Group plc to Report Fiscal Year 2025 Results on Jun 25, 2025 ProCook Group plc announced that they will report fiscal year 2025 results on Jun 25, 2025 New Risk • Dec 11
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€46.3m market cap, or US$48.6m). Tillkännagivande • Jul 04
ProCook Group plc, Annual General Meeting, Sep 11, 2024 ProCook Group plc, Annual General Meeting, Sep 11, 2024. Location: procooks store support centre at procook, 10 st modwen park, gloucester, gl10 3ez, United Kingdom Reported Earnings • Jun 27
Full year 2024 earnings released: EPS: UK£0.006 (vs UK£0.045 loss in FY 2023) Full year 2024 results: EPS: UK£0.006 (up from UK£0.045 loss in FY 2023). Revenue: UK£62.6m (flat on FY 2023). Net income: UK£610.0k (up UK£5.55m from FY 2023). Profit margin: 1.0% (up from net loss in FY 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Germany. Tillkännagivande • Jun 27
Procook Group plc Provides Revenue Guidance for Fiscal Year 2025 ProCook Group plc provided revenue guidance for the year 2025. For the year 2025, the company expects to deliver modest revenue growth, primarily driven by a recovery in Ecommerce sales following the disruption last financial year, and the planned opening of ten new stores in the year. Tillkännagivande • May 03
ProCook Group plc Announces Board Changes ProCook Group plc announces that Luke Kingsnorth has informed the Board of his intention to step down as a Non-Executive Director of the Group and Chair of the Remuneration Committee, to focus on other professional commitments, with effect from 25 June 2024. The Board announced that Meg Lustman will be appointed a Non-Executive Director on the same date and will assume the role of Chair of the Remuneration Committee, and member of the Nomination Committee and the Audit and Risk Committee. Meg has over 35 years of retail experience, and was previously CEO of British affordable luxury brand, Hobbs. Prior to this, she held senior positions at many of the UK's leading fashion retailers including John Lewis, Warehouse, and Aurora/Mosaic Fashions. Meg is currently a non-executive director of N Brown Group plc and Chair of its Remuneration Committee and interim Chair of the Nominations and Governance Committee. She also serves as Vice Chair of Court and Chair of the Remuneration Committee at Glasgow Caledonian University and is Chair of St Luke's Hospice (Harrow and Brent). Tillkännagivande • Apr 10
ProCook Group plc to Report Q4, 2024 Results on Jun 26, 2024 ProCook Group plc announced that they will report Q4, 2024 results on Jun 26, 2024 Buying Opportunity • Oct 11
Now 22% undervalued Over the last 90 days, the stock is up 5.1%. The fair value is estimated to be €0.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 7.5% in a year. Earnings is forecast to grow by 94% in the next year. Buying Opportunity • Sep 13
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 7.5% in a year. Earnings is forecast to grow by 94% in the next year. Tillkännagivande • Aug 03
ProCook Group plc, Annual General Meeting, Sep 19, 2023 ProCook Group plc, Annual General Meeting, Sep 19, 2023, at 10:00 Coordinated Universal Time. Location: ProCook, 10 St. Modwen Park, Gloucester, GL10 3EZ Gloucester Gloucestershire United Kingdom Board Change • Jul 26
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Luke Kingsnorth is the most experienced director on the board, commencing their role in 2021. Senior Independent Non-Executive Director David Stead was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. 
