New Risk • May 01
New major risk - Revenue and earnings growth Earnings have declined by 3.6% 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 Shares are highly illiquid. Negative equity (-CA$1.1m). Earnings have declined by 3.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (219% increase in shares outstanding). Revenue is less than US$1m (CA$29k revenue, or US$21k). Market cap is less than US$10m (CA$4.31m market cap, or US$3.17m). Duyuru • Apr 30
Darelle Online Solutions Inc. announced that it expects to receive CAD 1.000001 million in funding Darelle Online Solutions Inc announced a non-brokered private placement to issue 1,333,334 common shares at an issue price of CAD 0.75 for the proceeds of CAD 1,000,000.5 on April 29, 2026. The Offering is subject to acceptance by the TSX Venture Exchange. All securities issued under the Offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws. In connection with the Offering, the Company may pay eligible finders a cash commission of up to 7% of the gross proceeds raised from subscribers introduced by such finders, subject to approval of the TSX Venture Exchange. Board Change • Apr 24
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 Alex Chieng was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 30
First quarter 2026 earnings released: CA$0.007 loss per share (vs CA$0.014 loss in 1Q 2025) First quarter 2026 results: CA$0.007 loss per share. Revenue: CA$10.0k (down 50% from 1Q 2025). Net loss: CA$57.9k (loss widened 70% from 1Q 2025). Board Change • Jan 30
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 Alex Chieng was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 11
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 Alex Chieng was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 24
Full year 2025 earnings released: CA$0.093 loss per share (vs CA$0.065 loss in FY 2024) Full year 2025 results: CA$0.093 loss per share (further deteriorated from CA$0.065 loss in FY 2024). Revenue: CA$39.1k (down 43% from FY 2024). Net loss: CA$296.9k (loss widened 85% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Duyuru • Oct 13
Darelle Online Solutions Inc., Annual General Meeting, Jan 05, 2026 Darelle Online Solutions Inc., Annual General Meeting, Jan 05, 2026. Location: mnp llp, 609 granville street, british columbia, vancouver Canada New Risk • Jul 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 219% 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 Shares are highly illiquid. Negative equity (-CA$1.5m). Shareholders have been substantially diluted in the past year (219% increase in shares outstanding). Revenue is less than US$1m (CA$50k revenue, or US$37k). Market cap is less than US$10m (CA$1.10m market cap, or US$800.8k). Reported Earnings • Jul 15
Third quarter 2025 earnings released: CA$0.019 loss per share (vs CA$0.003 loss in 3Q 2024) Third quarter 2025 results: CA$0.019 loss per share (further deteriorated from CA$0.003 loss in 3Q 2024). Revenue: CA$9.0k (down 49% from 3Q 2024). Net loss: CA$47.2k (loss widened CA$40.6k from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Duyuru • Jul 09
Darelle Online Solutions Inc. announced that it has received CAD 0.4786 million in funding On July 8, 2025, Darelle Online Solutions Inc closed the transaction. The company issued 4,786,000 units at a price of CAD 0.1 per unit for aggregate gross proceeds of CAD 478,600.Each Unit consists of one common share of the Company and one transferable share purchase warrant entitling the holder to acquire one additional common share of the Company at a price of CAD 0.13 per share until July 7, 2027. In connection with the offering, the Company paid finders fees of CAD 59,825 and issued 598,250 common shares to certain arms-length parties who assisted in introducing subscribers to the Offering. No insiders or non-arm’s length parties to the Company participated in the Offering. All securities issued under the Offering are subject to restrictions on resale until November 8, 2025 in accordance with applicable securities laws. Duyuru • Jun 06
Darelle Online Solutions Inc. announced that it expects to receive CAD 0.525 million in funding Darelle Online Solutions Inc. announced a non-brokered private placement of up to 5,250,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 525,000 on June 5, 2025. Each unit will consist of one common share of the company and one share purchase warrant. Each Warrant will entitle the holder to acquire one additional common share at a price of CAD 0.13 for a period of two (2) years from the date of issuance. A director of the company intends to participate in the private placement for an aggregate amount of CAD 36,400, which would result in the issuance of 364,000 units to such director. Completion of the private placement remains subject to the approval of the TSX Venture Exchange. All securities issued in connection with these transactions will be subject to a statutory four-month hold period in accordance with applicable securities laws. As a part of the transaction, the company paid a cash commission of CAD 65,625 and issuance of up to 656,250 common shares, representing 12.5% of the Units sold under the Private Placement, at a deemed price of CAD 0.10 per share. Duyuru • Mar 30
Darelle Online Solutions Inc. announced that it expects to receive CAD 1.75 million in funding Darelle Online Solutions Inc. announces a proposed non-brokered private placement of up to 14,583,333 units of the company at a price of CAD 0.12 per unit, for total proceeds of up to CAD 1,749,999.96 on March 28, 2025. Each unit will consist of one common share of the company and one transferable common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the company at an exercise price of CAD 0.16 per share for a period of 24 months from the date of closing. Reported Earnings • Jan 29
First quarter 2025 earnings released: CA$0.014 loss per share (vs CA$0.009 loss in 1Q 2024) First quarter 2025 results: CA$0.014 loss per share (further deteriorated from CA$0.009 loss in 1Q 2024). Revenue: CA$20.1k (down 27% from 1Q 2024). Net loss: CA$34.0k (loss widened 56% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 30
Full year 2024 earnings released: CA$0.073 loss per share (vs CA$0.06 loss in FY 2023) Full year 2024 results: CA$0.073 loss per share (further deteriorated from CA$0.06 loss in FY 2023). Revenue: CA$68.9k (up 28% from FY 2023). Net loss: CA$179.8k (loss widened 22% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jul 16
Third quarter 2024 earnings released: EPS: CA$0 (vs CA$0 in 3Q 2023) Third quarter 2024 results: EPS: CA$0 (in line with 3Q 2023). Revenue: CA$17.6k (down 27% from 3Q 2023). Net loss: CA$6.6k (loss narrowed 78% from 3Q 2023). Duyuru • Jul 15
Darelle Online Solutions Inc. Appoints David Eaton as Director Darelle Online Solutions Inc. announced that the annual and special meeting held on July 12, 2024, appointed David Eaton as Director. David is the Chairperson of Baron Global Financial Canada Ltd. and compliments the skillset of the other members of the board. Duyuru • Jun 19
Darelle Online Solutions Inc., Annual General Meeting, Jul 12, 2024 Darelle Online Solutions Inc., Annual General Meeting, Jul 12, 2024. Location: mnp llp, suite 2200, 1021 west hastings street, vancouver, british columbia v6e 0c3, vancouver Canada Board Change • Jun 18
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. No experienced directors. 4 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • May 03
Darelle Online Solutions Inc., Annual General Meeting, Jul 12, 2024 Darelle Online Solutions Inc., Annual General Meeting, Jul 12, 2024. Reported Earnings • Apr 28
Second quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0 in 2Q 2023) Second quarter 2024 results: CA$0.001 loss per share (further deteriorated from CA$0 in 2Q 2023). Revenue: CA$10.2k (down 16% from 2Q 2023). Net loss: CA$71.5k (loss widened 144% from 2Q 2023). Board Change • Mar 19
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. No experienced directors. 4 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 29
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. No experienced directors. 4 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 14
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. 1 experienced director. 3 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 18
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. 1 experienced director. 3 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 28
Third quarter 2023 earnings released: EPS: CA$0 (vs CA$0 in 3Q 2022) Third quarter 2023 results: EPS: CA$0 (in line with 3Q 2022). Revenue: CA$24.1k (down 54% from 3Q 2022). Net loss: CA$30.0k (loss widened 54% from 3Q 2022). Board Change • May 10
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. 1 experienced director. 3 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 14
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. 1 experienced director. 3 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 26
Full year 2022 earnings released: CA$0.002 loss per share (vs CA$0.002 loss in FY 2021) Full year 2022 results: CA$0.002 loss per share (in line with FY 2021). Revenue: CA$145.2k (down 44% from FY 2021). Net loss: CA$183.7k (loss widened 44% from FY 2021). Board Change • Nov 21
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. 1 experienced director. 3 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 11
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. 1 experienced director. 3 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 26
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. 1 experienced director. 3 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 22
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. 1 experienced director. 3 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 25
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. 1 experienced director. 3 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 14
Third quarter 2022 earnings released: EPS: CA$0 (vs CA$0.001 loss in 3Q 2021) Third quarter 2022 results: EPS: CA$0 (up from CA$0.001 loss in 3Q 2021). Revenue: CA$51.9k (down 17% from 3Q 2021). Net loss: CA$19.5k (loss narrowed 47% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Jun 23
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. 1 experienced director. 3 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 06
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. 1 experienced director. 3 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
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. 1 experienced director. 3 highly experienced directors. Independent Director John Newman was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 20
Second quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0 in 2Q 2021) Second quarter 2022 results: CA$0.001 loss per share (down from CA$0 in 2Q 2021). Revenue: CA$27.0k (down 62% from 2Q 2021). Net loss: CA$49.4k (loss widened 36% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Jan 30
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: CA$0.001 loss per share (vs CA$0.001 loss in 1Q 2021). Revenue: CA$27.7k (up 4.1% from 1Q 2021). Net loss: CA$79.5k (loss narrowed 8.8% from 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: CA$0.002 loss per share (up from CA$0.005 loss in FY 2020). Revenue: CA$258.3k (up 78% from FY 2020). Net loss: CA$127.9k (loss narrowed 68% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.