Recent Insider Transactions • Jun 07
Non-Executive Director recently bought €68k worth of stock On the 29th of May, Heinrich Loechteken bought around 268k shares on-market at roughly €0.25 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €99k. Insiders have collectively bought €202k more in shares than they have sold in the last 12 months. Board Change • May 21
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Brian Wall was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 28
Structural Monitoring Systems Plc, Annual General Meeting, Dec 23, 2025 Structural Monitoring Systems Plc, Annual General Meeting, Dec 23, 2025. Location: at level 17, 221 st georges terrace, perth, western australia 6000 Australia Tillkännagivande • Jan 10
Structural Monitoring Systems Plc has filed a Follow-on Equity Offering in the amount of AUD 1.337137 million. Structural Monitoring Systems Plc has filed a Follow-on Equity Offering in the amount of AUD 1.337137 million.
Security Name: Chess Depositary Interest
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 2,571,418
Price\Range: AUD 0.52
Transaction Features: Subsequent Direct Listing Tillkännagivande • Nov 18
Structural Monitoring Systems Plc, Annual General Meeting, Dec 18, 2024 Structural Monitoring Systems Plc, Annual General Meeting, Dec 18, 2024. Location: at level 13, collins arch, 447 collins street, melbourne vic 3000, Australia New Risk • Nov 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.7% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Shareholders have been diluted in the past year (7.7% increase in shares outstanding). Market cap is less than US$100m (€44.3m market cap, or US$47.1m). Tillkännagivande • Nov 11
Structural Monitoring Systems Plc has completed a Follow-on Equity Offering in the amount of AUD 5 million. Structural Monitoring Systems Plc has completed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: CHESS Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 9,615,385
Price\Range: AUD 0.52
Discount Per Security: AUD 0.0312
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Nov 10
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 11% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (€42.6m market cap, or US$45.7m). Tillkännagivande • Nov 06
Structural Monitoring Systems Plc has filed a Follow-on Equity Offering in the amount of AUD 2 million. Structural Monitoring Systems Plc has filed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: CHESS Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 3,846,154
Price\Range: AUD 0.52 Tillkännagivande • Oct 18
Structural Monitoring Systems plc Announces Resignation of Miro Miletic as Non-Executive Director Structural Monitoring Systems Plc announced that Mr. Miro Miletic has resigned as a non-executive director of the Company due to the demands of his other business commitments, effective as of October 18, 2024. Mr. Miletic joined the board of SMS as non-executive director in November 2022 at a critical phase in the Company's history and was a key part of the broader team responsible for oversight of the successful completion of the testing requirements for Boeing of its CVMTM sensor technology ahead of eventual submission for approval to the FAA. Reported Earnings • Oct 02
Full year 2024 earnings released: AU$0.008 loss per share (vs AU$0.025 loss in FY 2023) Full year 2024 results: AU$0.008 loss per share (improved from AU$0.025 loss in FY 2023). Revenue: AU$28.0m (up 25% from FY 2023). Net loss: AU$1.04m (loss narrowed 69% from FY 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. 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 16% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 30
Full year 2024 earnings released: AU$0.008 loss per share (vs AU$0.025 loss in FY 2023) Full year 2024 results: AU$0.008 loss per share (improved from AU$0.025 loss in FY 2023). Revenue: AU$28.0m (up 25% from FY 2023). Net loss: AU$1.04m (loss narrowed 69% from FY 2023). 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 7% per year, which means it is significantly lagging earnings. New Risk • Jul 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% 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 Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (€41.1m market cap, or US$44.5m). New Risk • Apr 09
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 9.8% 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 Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Market cap is less than US$100m (€32.9m market cap, or US$35.8m). New Risk • Mar 03
New major risk - Revenue and earnings growth Earnings have declined by 0.06% 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 Risk Earnings have declined by 0.06% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (€35.4m market cap, or US$38.4m). Tillkännagivande • Nov 11
Structural Monitoring Systems Plc has completed a Follow-on Equity Offering in the amount of AUD 1 million. Structural Monitoring Systems Plc has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: CHESS DEPOSITARY INTERESTS
Security Type: Common Stock
Securities Offered: 2,325,581
Price\Range: AUD 0.43
Discount Per Security: AUD 0.0258
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Nov 06
Structural Monitoring Systems Plc, Annual General Meeting, Dec 08, 2023 Structural Monitoring Systems Plc, Annual General Meeting, Dec 08, 2023, at 10:01 E. Australia Standard Time. Location: Level 20, 181 William Street Melbourne Victoria Australia Agenda: To consider Directors' general authority to allot Shares under UK Companies Act; to consider appointment of Auditors; to consider re-appointment of Director Miroljub Miletic; to consider re-appointment of Director - Heinrich Loechteken; to consider adoption of Employee Incentive Plan; to consider Issue of Incentive Securities to Brian Wall; to consider Additional Placement Capacity; and to consider General disapplication of Pre-Emption Rights under UK Companies Act. New Risk • Oct 18
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 8.5% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Market cap is less than US$100m (€43.2m market cap, or US$45.5m). Reported Earnings • Oct 02
Full year 2023 earnings released: AU$0.025 loss per share (vs AU$0.031 loss in FY 2022) Full year 2023 results: AU$0.025 loss per share (improved from AU$0.031 loss in FY 2022). Revenue: AU$22.4m (up 43% from FY 2022). Net loss: AU$3.31m (loss narrowed 14% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Reported Earnings • Aug 31
Full year 2023 earnings released: AU$0.024 loss per share (vs AU$0.033 loss in FY 2022) Full year 2023 results: AU$0.024 loss per share (improved from AU$0.033 loss in FY 2022). Revenue: AU$22.4m (up 43% from FY 2022). Net loss: AU$3.14m (loss narrowed 22% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Mar 14
First half 2023 earnings released: AU$0.015 loss per share (vs AU$0.012 loss in 1H 2022) First half 2023 results: AU$0.015 loss per share (further deteriorated from AU$0.012 loss in 1H 2022). Revenue: AU$10.1m (up 51% from 1H 2022). Net loss: AU$1.93m (loss widened 31% from 1H 2022). 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 5% per year, which means it is well ahead of earnings. Board Change • Mar 14
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, 1 was an independent director. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Company Secretary & Non-Executive Director Sam Wright is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Brian Wall was the last independent director to join the board, commencing their role in 2022. 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. Reported Earnings • Mar 10
First half 2023 earnings released: AU$0.015 loss per share (vs AU$0.012 loss in 1H 2022) First half 2023 results: AU$0.015 loss per share (further deteriorated from AU$0.012 loss in 1H 2022). Revenue: AU$10.1m (up 51% from 1H 2022). Net loss: AU$1.93m (loss widened 31% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Company Secretary & Non-Executive Director Sam Wright is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Brian Wall was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • Oct 07
Full year 2022 earnings released: AU$0.033 loss per share (vs AU$0.016 loss in FY 2021) Full year 2022 results: AU$0.033 loss per share (further deteriorated from AU$0.016 loss in FY 2021). Revenue: AU$15.7m (up 2.4% from FY 2021). Net loss: AU$4.03m (loss widened 106% from FY 2021). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 01
Full year 2022 earnings released: AU$0.031 loss per share (vs AU$0.016 loss in FY 2021) Full year 2022 results: AU$0.031 loss per share (down from AU$0.016 loss in FY 2021). Revenue: AU$16.3m (up 6.0% from FY 2021). Net loss: AU$3.84m (loss widened 96% from FY 2021). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Executive Chairman Will Rouse is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director Bryant McLarty 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 experienced directors. Recent Insider Transactions • Mar 09
Independent Non-Executive Director recently bought €71k worth of stock On the 7th of March, Bryant McLarty bought around 100k shares on-market at roughly €0.71 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Mar 06
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.012 loss per share (down from AU$0.008 loss in 1H 2021). Revenue: AU$6.70m (down 21% from 1H 2021). Net loss: AU$1.47m (loss widened 46% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Mar 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Bryant McLarty 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. Board Change • Oct 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Company Secretary & Non-Executive Director Sam Wright was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 03
Full year 2021 earnings released: AU$0.016 loss per share (vs AU$0.022 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: AU$15.3m (down 20% from FY 2020). Net loss: AU$1.96m (loss narrowed 23% from FY 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 01
Full year 2021 earnings released: AU$0.016 loss per share (vs AU$0.022 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: AU$15.3m (down 20% from FY 2020). Net loss: AU$1.96m (loss narrowed 23% from FY 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 21
New 90-day low: €0.26 The company is down 19% from its price of €0.32 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period. Reported Earnings • Oct 02
Full year earnings released - €0.021 loss per share Over the last 12 months the company has reported total losses of AU$2.42m, with losses narrowing by 40% from the prior year. Total revenue was AU$19.1m over the last 12 months, up 17% from the prior year.