New Risk • Jun 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 61% 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 (8.1% average weekly change). Large one-off items impacting financial results. Reported Earnings • Jun 25
Full year 2026 earnings released: EPS: US$0.01 (vs US$0.35 loss in FY 2025) Full year 2026 results: EPS: US$0.01 (up from US$0.35 loss in FY 2025). Revenue: US$166.9m (down 9.0% from FY 2025). Net income: US$400.0k (up US$14.2m from FY 2025). Profit margin: 0.2% (up from net loss in FY 2025). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 10
Dialight plc Announces Appointment of Mark Fryer to Non-Executive Director and Audit Committee Chair, Effective 1 August 2026 Dialight plc had announced that Mark Fryer has been appointed as Non-Executive Director with effect from July 16, 2026 and would be appointed Audit Committee Chair on August 1, 2026. Mark Fryer is also Chief Financial Officer of Dialight PLC. Duyuru • Jun 03
Dialight plc to Report Fiscal Year 2026 Results on Jun 23, 2026 Dialight plc announced that they will report fiscal year 2026 results on Jun 23, 2026 Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to UK£3.90, the stock trades at a forward P/E ratio of 43x. Average trailing P/E is 28x in the Electrical industry in the United Kingdom. Total returns to shareholders of 64% over the past three years. New Risk • May 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Large one-off items impacting financial results. Board Change • May 20
High number of new directors CFO & Executive Director Mark Rupert Fryer was the last director to join the board, commencing their role in 2025. Duyuru • Oct 06
Dialight plc to Report First Half, 2026 Results on Nov 11, 2025 Dialight plc announced that they will report first half, 2026 results on Nov 11, 2025 Duyuru • Jul 14
Dialight plc, Annual General Meeting, Sep 01, 2025 Dialight plc, Annual General Meeting, Sep 01, 2025. Location: investec, 30 gresham street, ec2v 7qp, london United Kingdom Duyuru • Jul 03
Dialight plc Announces the Termination of Appointment of Richard Friend Allan as Secretary or Corporate Secretary, Effective July 1, 2025 Dialight plc announced the termination of appointment of Richard Friend Allan as Secretary or Corporate Secretary, effective July 1, 2025. Duyuru • Mar 20
Neil Johnson Assumes the Role of Executive Chair of Dialight plc Dialight plc announced that Neil Johnson has assumed the role of executive chair of the Company with immediate effect. There will be no change in Neil's responsibilities resulting from this role change. The change in role from non-executive chair to executive chair results from his participation in the Company's value creation plan, as approved by shareholders at the Company's 2024 AGM. Duyuru • Nov 04
Dialight plc to Report First Half, 2025 Results on Nov 11, 2024 Dialight plc announced that they will report first half, 2025 results on Nov 11, 2024 Duyuru • Aug 01
Leotek Electronics USA LLC acquired Dialight, Business of manufacturing signal lights used in traffic,pedestrian and railroad management from Dialight plc (LSE:DIA). Leotek Electronics USA LLC entered into an agreement to acquire Dialight, Business of manufacturing signal lights used in traffic,pedestrian and railroad management from Dialight plc (LSE:DIA) for $5.8 million on July 29, 2024. realizing gross cash proceeds of $5.8 million. After transaction and other costs, net cash proceeds are $5.5 million which will be used to reduce group indebtedness. Dialight will continue to manufacture products under licence for the acquirer for a period of up to 15 months from the completion date. Thereafter, the transaction will allow Dialight to focus management and production capacity on its core activities. The gross value of assets sold is nil and profits attributable to the Business in the twelve-month period to 31 December 2023 of nil.
Leotek Electronics USA LLC completed the acquisition of Dialight, Business of manufacturing signal lights used in traffic,pedestrian and railroad management from Dialight plc (LSE:DIA) on July 31, 2024. Duyuru • Jun 15
Dialight plc, Annual General Meeting, Sep 23, 2024 Dialight plc, Annual General Meeting, Sep 23, 2024. Board Change • May 04
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). Senior Independent Non-Executive Director Nigel Lingwood is the most experienced director on the board, commencing their role in 2022. Independent Non-Executive Director Lynn Brubaker was the last independent director to join the board, commencing their role in 2023. 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. Board Change • Mar 06
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). Senior Independent Non-Executive Director Nigel Lingwood is the most experienced director on the board, commencing their role in 2022. Independent Non-Executive Director Lynn Brubaker was the last independent director to join the board, commencing their role in 2023. 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. Duyuru • Feb 19
Dialight plc Announces Director Changes Dialight plc announced that following his appointment as Chief Executive Officer of the Company, Steve Blair has stepped down as senior independent director and from all his Company board committee appointments. With immediate effect Nigel Lingwood will assume the role of senior independent director and Neil Johnson will chair the board's transformation committee. Duyuru • Feb 17
Dialight plc Announces Chief Executive Officer Changes Dialight plc announced that by mutual agreement with the Board, Fariyal Khanbabi has decided to step down as Chief Executive Officer of the Company with immediate effect. Steve Blair, currently a non-executive director of the Company, has agreed to take on the role of Chief Executive Officer. Duyuru • Feb 16
Dialight plc Announces Fariyal Khanbabi Steps Down as a Director Dialight plc announced that by mutual agreement with the Board, Fariyal Khanbabi has decided to step down as a director of the Company with immediate effect. Board Change • Jan 30
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, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Group CEO & Executive Director Fariyal Khanbabi is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Lynn Brubaker was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Dec 28
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, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Group CEO & Executive Director Fariyal Khanbabi is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Lynn Brubaker was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Dec 09
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, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Group CEO & Executive Director Fariyal Khanbabi is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Lynn Brubaker was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. New Risk • Nov 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% 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 Shares are highly illiquid. Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (UK£68.1m market cap, or US$84.3m). Board Change • Oct 25
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. 1 highly experienced director. 2 independent directors (4 non-independent directors). Group CEO & Executive Director Fariyal Khanbabi is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Lynn Brubaker was the last independent director to join the board, commencing their role in 2023. 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. Duyuru • Sep 29
Dialight plc has completed a Follow-on Equity Offering in the amount of £10.550058 million. Dialight plc has completed a Follow-on Equity Offering in the amount of £10.550058 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 6,006,326
Price\Range: £1.59
Security Name: Shares
Security Type: Common Stock
Securities Offered: 628,931
Price\Range: £1.59
Transaction Features: Subsequent Direct Listing New Risk • Sep 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% 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 Shares are highly illiquid. Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (UK£63.4m market cap, or US$77.3m). Reported Earnings • Sep 19
First half 2023 earnings released: UK£0.092 loss per share (vs UK£0.037 profit in 1H 2022) First half 2023 results: UK£0.092 loss per share (down from UK£0.037 profit in 1H 2022). Revenue: UK£73.2m (down 9.4% from 1H 2022). Net loss: UK£3.00m (down 350% from profit in 1H 2022). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Board Change • Sep 19
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. 1 highly experienced director. 2 independent directors (4 non-independent directors). Group CEO & Executive Director Fariyal Khanbabi is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Lynn Brubaker was the last independent director to join the board, commencing their role in 2023. 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. Duyuru • Aug 01
Dialight Launches New and Improved Area Light with Battery Backup Dialight launched an all-new battery backup model of its compact and versatile Area Light product. This fixture now offers even greater peace of mind for enhanced safety in harsh industrial environments, such as Refining, Mining, Pulp and Paper, Petrochemical, Metals and Steel, Water/Wastewater, General Manufacturing facilities, and more. With 'poor visibility' being a leading cause of accidents at industrial facilities, ensuring proper illumination is of paramount importance, especially in facilities where power outages can occur. Dialight's new auxiliary battery backup solution features a sleek, lower profile enclosure and can provide illumination for a minimum of 90 minutes in accordance with National Fire Protection Association (NFPA) 101(R) guidance on emergency lighting. Furthermore, it has been certified for use in a sealed enclosure to ensure maximum protection against harsh environmental conditions common in industrial settings and has been vibration tested to IEC 60068-2-6. It is compatible with all existing Dialight Area Light mounting options and at merely 20lbs is easy to install and to replace auxiliary batteries as needed. This robust, self-testing fixture contains corrosion resistant stainless steel hardware and features Dialight's 10 year warranty (excluding batteries). It is available in both Vigilant (non-hazardous location) and SafeSite (hazardous location) models and is certified to UL1598/A, UL924 and UL844. Board Change • Jun 23
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 Steve Blair was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jun 08
Dialight plc Announces Directorate Changes Dialight plc announced the appointment of Stephen Blair as an independent non-executive director, with effect from 7 June 2023. On appointment Steve will become a member of the Audit, Nominations and Remuneration Committees, and will also assume the roles of Remuneration Committee chair and senior independent director. Steve is a qualified electronic engineer with considerable experience in international business development - with particular focus on North American markets. He held senior roles at Invensys Process Systems as President of IPS's North American operations and as chief operating officer of Spectris plc's instrumentation and industrial controls divisions. Steve was CEO of e2v Plc, steering the group through a complex organisational transformation through to its acquisition by Teledyne Inc. in 2017. Steve was then CEO of The Ordnance Survey until retirement in 2021. Steve has also held a non-executive director role at Oxford Instruments plc where he was the senior independent director and a member of the audit, nominations and remuneration committees prior to stepping down in September 2021. Gaelle Hotellier and Gotthard Haug have notified Dialight that, after seven years and three years of service respectively, they have decided to step down from the Board with effect from 30 June 2023. Gaelle has served as a director since 3 October 2016 and will hand over the senior independent director and Remuneration Committee roles to Steve Blair. Gotthard has been a director since 1 April 2020. Board Change • May 22
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 Non-Executive Director Gotthard Haug was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • May 16
Dialight plc Reaffirms Performance for the Year 2023 Dialight plc reaffirmed performance for the year 2023. The company remain mindful of the risk posed by the current economic uncertainty, however the company's expectations for the year remain unchanged with performance now more significantly weighted to the second half. Duyuru • May 09
Dialight plc Announces Industry Leading Aviation Obstruction Lighting System Warranty Via Its Certified Installation Program Dialight plc announced the launch of its industry leading seven-year warranty for Obstruction Lighting Solutions. Dialight's Aviation Obstruction Lighting Systems, installed by Certified Installation companies, includes an additional two years of full system warranty on top of the standard five-year warranty. Installers who participate in the Certified Installation Program (CIP) will be recognized as experts who uphold the highest levels of installation quality. In order to qualify for this program, installers must be members of the National Association of Tower Erectors (NATE). Once approved to participate in this completely free program, Dialight will come to the installer to conduct trainings, and issue a certificate to the installer that is good for two years. Tower owners will soon demand the longer warranty for their lighting systems' which will increase business opportunities for CIP installation companies. Duyuru • Nov 23
Dialight plc to Report Fiscal Year 2022 Final Results on Mar 27, 2023 Dialight plc announced that they will report fiscal year 2022 final results on Mar 27, 2023 Reported Earnings • Aug 02
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (flat on 1H 2021). Profit margin: (in line with 1H 2021). Over the next year, revenue is forecast to grow 14%, compared to a 97% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 29
Full year 2021 earnings released: EPS: UK£0.009 (vs UK£0.24 loss in FY 2020) Full year 2021 results: EPS: UK£0.009 (up from UK£0.24 loss in FY 2020). Revenue: UK£131.6m (up 11% from FY 2020). Net income: UK£100.0k (up UK£8.00m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 194% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year. Executive Departure • Sep 13
Senior Independent Director Stephen Bird has left the company On the 10th of September, Stephen Bird's tenure as Senior Independent Director ended after 8.7 years in the role. As of June 2021, Stephen still personally held 41.73k shares (UK£137k worth at the time). A total of 3 executives have left over the last 12 months. Executive Departure • Jul 01
Chief Financial Officer Wai Chiang has left the company On the 30th of June, Wai Chiang's tenure as Chief Financial Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Wai's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Apr 01
Full year 2020 earnings released: UK£0.24 loss per share (vs UK£0.49 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£119.0m (down 21% from FY 2019). Net loss: UK£7.90m (loss narrowed 51% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Duyuru • Mar 16
Dialight plc, Annual General Meeting, May 19, 2021 Dialight plc, Annual General Meeting, May 19, 2021. Duyuru • Mar 11
Dialight Approves for National Lighting Bureau's Trusted Warranty Program Dialight announced the approval for the National Lighting Bureau's (NLB) Trusted Warranty program. Dialight's, 10 year warranty is available on most of its LED light fixtures including the new Vigilant LED High Output High Bay – Low Profile. The NLB Trusted Warranty Program recognizes excellence in lighting companies that meet objective quality standards and practices regarding their warranty administration. The program empowers Customers, Lighting Designers, Electrical Distributors, Electrical Contractors and other Industry Stakeholders to feel comfortable specifying, buying, and installing luminaires from companies that have had their warranty department audited and approved by the NLB. Acceptance in this program validates companies that reliably stand behind their warranty. As part of its Trusted Warranty Program, the NLB assesses companies based on five key criteria: Formal Warranty Process. Warranty Language. Length of Business/Warranty Insurance. Technical Evaluation. Claims Review Evaluation. In demonstrating quality and reliability across these five categories, companies give industry stakeholders confidence in their manufacturing. Duyuru • Feb 19
Dialight Debuts Lowest Profile High Output High Bay In Its Class Dialight announced the availability of its newest, lightest Low Profile Vigilant® LED High Output High Bay. The new smaller, lighter form factor is contractor-friendly at just under 7 inches high and 48 pounds with a copper-free aluminium housing, dual powder coat finish, and a hook mounting option for ease of installation. Ideal for mounting heights up to 100 feet, this fixture boasts up to 71,000 lumens of total output and is well suited for difficult to reach locations where access for routine maintenance is simply not possible. Built to Dialight's iconic performance and reliability standards, the Low Profile High Output High Bay also carries the company's 10-year warranty, an L-70 rating greater than 150,000 hours and DLC Premium 5.1 on most models. At up to 155 lumens per watt, the new fixture provides a more efficient and cost effective alternative to legacy lighting technology such as 1000 watt HID fixtures. The High Bay is also designed for optimum thermal management and has a wide operating temperature range of -40°F to +149°F (-40°C to +65°C). Duyuru • Jan 28
Dialight Announces Distribution Partnership with TTI Dialight announced that TTI is now an authorized distributor of Dialight LED board and panel mount indication products. Duyuru • Oct 03
Dialight plc Appoints Wai Kuen Chian as Group's Chief Finance Officer Dialight plc confirmed that Wai Kuen Chiang joined the Group, as the Group's Chief Finance Officer, as of 1 October 2020. Duyuru • Jun 16
Dialight plc Unable to Provide Guidance for the Year 2020 Dialight plc announced that it remains difficult to provide guidance for the full year given the uncertainty in end markets. The company currently expects the trading performance for 2020 to be significantly H2 weighted. 
