Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to UK£3.60, the stock trades at a forward P/E ratio of 39x. Average trailing P/E is 24x in the Electrical industry in the United Kingdom. Total returns to shareholders of 57% over the past three years. Major Estimate Revision • Jan 09
Consensus EPS estimates fall by 39% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$178.2m to US$164.6m. EPS estimate also fell from US$0.106 per share to US$0.065 per share. Net income forecast to shrink 25% next year vs 13% growth forecast for Electrical industry in the United Kingdom . Consensus price target up from UK£2.80 to UK£3.90. Share price was steady at UK£3.44 over the past week. Price Target Changed • Jan 08
Price target increased by 39% to UK£3.90 Up from UK£2.80, the current price target is provided by 1 analyst. New target price is 11% above last closing price of UK£3.50. Stock is up 243% over the past year. The company is forecast to post earnings per share of US$0.065 next year compared to a net loss per share of US$0.35 last year. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to UK£3.30, the stock trades at a forward P/E ratio of 30x. Average trailing P/E is 17x in the Electrical industry in the United Kingdom. Total returns to shareholders of 10.0% over the past three years. New Risk • Nov 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Reported Earnings • Nov 17
First half 2026 earnings released: EPS: US$0.07 (vs US$0.46 loss in 1H 2025) First half 2026 results: EPS: US$0.07 (up from US$0.46 loss in 1H 2025). Revenue: US$86.4m (down 4.3% from 1H 2025). Net income: US$2.80m (up US$21.0m from 1H 2025). Profit margin: 3.2% (up from net loss in 1H 2025). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. 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 Buy Or Sell Opportunity • Sep 24
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to UK£2.24. The fair value is estimated to be UK£1.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Sep 04
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 106% to UK£2.29. The fair value is estimated to be UK£1.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. New Risk • Aug 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£73.6m (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 Risk Market cap is less than US$100m (UK£73.6m market cap, or US$98.9m). 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. Reported Earnings • Jun 25
Full year 2025 earnings released: US$0.35 loss per share (vs US$0.73 loss in FY 2024) Full year 2025 results: US$0.35 loss per share (improved from US$0.73 loss in FY 2024). Revenue: US$183.5m (up 1.5% from FY 2024). Net loss: US$13.8m (loss narrowed 47% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. New Risk • Jun 24
New major risk - Revenue and earnings growth Earnings have declined by 12% 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 12% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (UK£55.0m market cap, or US$74.9m). New Risk • Jun 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. 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 2024 fiscal period end). Market cap is less than US$100m (UK£50.6m market cap, or US$68.5m). 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. Major Estimate Revision • Jan 29
Consensus EPS estimates upgraded to US$0.41 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$0.542 to -US$0.415 per share. Revenue forecast steady at US$178.2m. Electrical industry in the United Kingdom expected to see average net income growth of 4.7% next year. Consensus price target of UK£1.90 unchanged from last update. Share price rose 24% to UK£1.15 over the past week. Major Estimate Revision • Dec 02
Consensus EPS estimates fall by 451%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$168.5m to US$179.6m. Forecast EPS reduced from -US$0.10 to -US$0.549 per share. Electrical industry in the United Kingdom expected to see average net income growth of 13% next year. Consensus price target down from UK£2.10 to UK£1.90. Share price fell 13% to UK£1.01 over the past week. Reported Earnings • Nov 26
First half 2025 earnings released: US$0.46 loss per share (vs US$0.16 loss in 1H 2024) First half 2025 results: US$0.46 loss per share (further deteriorated from US$0.16 loss in 1H 2024). Revenue: US$90.3m (flat on 1H 2024). Net loss: US$18.2m (loss widened 250% from 1H 2024). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. 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 New Risk • Sep 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£71.3m (US$95.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-US$160k free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (UK£71.3m market cap, or US$95.7m). New Risk • Sep 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$160k free cash flow). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). New Risk • Aug 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$160k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$160k free cash flow). Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (UK£70.3m market cap, or US$89.7m). 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. Reported Earnings • Aug 01
Full year 2024 earnings released: US$0.73 loss per share (vs US$0.064 loss in FY 2023) Full year 2024 results: US$0.73 loss per share (further deteriorated from US$0.064 loss in FY 2023). Revenue: US$180.8m (down 12% from FY 2023). Net loss: US$26.0m (loss widened US$23.9m from FY 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. New Risk • Jul 30
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: UK£11m Forecast net loss in 1 year: UK£33m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (UK£33m net loss next year). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (UK£69.5m market cap, or US$89.1m). Duyuru • Jun 15
Dialight plc, Annual General Meeting, Sep 23, 2024 Dialight plc, Annual General Meeting, Sep 23, 2024. Reported Earnings • Feb 20
Full year 2023 earnings released: UK£0.31 loss per share (vs UK£0.012 profit in FY 2022) Full year 2023 results: UK£0.31 loss per share (down from UK£0.012 profit in FY 2022). Revenue: UK£148.8m (down 12% from FY 2022). Net loss: UK£10.8m (down UK£11.2m from profit in FY 2022). Revenue is forecast to grow 10.0% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. 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. New Risk • Jan 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (UK£67.3m market cap, or US$85.5m). 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: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (UK£65.7m market cap, or US$81.4m). 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 27
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: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). 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$76.9m). 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). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in the United Kingdom. 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 15% per year, which means it is significantly lagging earnings. 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. Major Estimate Revision • Jun 27
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from UK£183.3m to UK£168.5m. EPS estimate also fell from UK£0.098 per share to UK£0.082 per share. Net income forecast to grow 575% next year vs 49% growth forecast for Electrical industry in the United Kingdom. Consensus price target of UK£2.10 unchanged from last update. Share price fell 3.0% to UK£2.24 over the past week. 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. Reported Earnings • Mar 28
Full year 2022 earnings: Revenues in line with analyst expectations Full year 2022 results: Revenue: UK£169.7m (up 29% from FY 2021). Net income: UK£400.0k (up 300% from FY 2021). Profit margin: 0.2% (up from 0.1% in FY 2021). Revenue was in line with analyst estimates. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in the United Kingdom. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to UK£2.70, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Electrical industry in the United Kingdom. Total returns to shareholders of 5.5% over the past three years. 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 Price Target Changed • Nov 16
Price target increased to UK£3.60 Up from UK£3.30, the current price target is provided by 1 analyst. New target price is 18% above last closing price of UK£3.05. Stock is down 12% over the past year. The company posted earnings per share of UK£0.0031 last year. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 18% share price gain to UK£2.95, the stock trades at a trailing P/E ratio of 74.3x. Average forward P/E is 18x in the Electrical industry in the United Kingdom. Total loss to shareholders of 11% over the past three years. Price Target Changed • Aug 04
Price target increased to UK£3.60 Up from UK£3.30, the current price target is provided by 1 analyst. New target price is 34% above last closing price of UK£2.68. Stock is down 23% over the past year. The company posted earnings per share of UK£0.0031 last year. 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 10% per year, which means it is significantly lagging earnings. Price Target Changed • Apr 27
Price target increased to UK£3.53 Up from UK£3.28, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of UK£3.50. Stock is up 26% over the past year. The company is forecast to post earnings per share of UK£0.20 for next year compared to UK£0.0031 last year. Reported Earnings • Mar 29
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind 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. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates by 91%. 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 10% per year. Price Target Changed • Mar 28
Price target increased to UK£3.53 Up from UK£3.10, the current price target is provided by 1 analyst. New target price is 12% above last closing price of UK£3.16. Stock is up 29% over the past year. The company is forecast to post earnings per share of UK£0.095 next year compared to a net loss per share of UK£0.24 last 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£135k 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 66 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 29
New 90-day low: UK£2.38 The company is down 12% from its price of UK£2.70 on 30 October 2020. The British market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 64% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£3.20 per share. Is New 90 Day High Low • Dec 15
New 90-day low: UK£2.45 The company is down 18% from its price of UK£3.00 on 15 September 2020. The British market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£3.42 per share. Price Target Changed • Dec 10
Price target lowered to UK£2.80 Down from UK£3.38, the current price target is an average from 2 analysts. The new target price is 12% above the current share price of UK£2.50. As of last close, the stock is up 4.2% over the past year. Is New 90 Day High Low • Oct 29
New 90-day low: UK£2.85 The company is down 7.0% from its price of UK£3.08 on 30 July 2020. The British market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£2.31 per share.