Duyuru • May 08
Airea plc Approves Dividend AIREA plc announced at the AGM held on May 6, 2026, approved dividend of 1.0 pence per share, an increase of 66.7%, in line with its progressive dividend policy. Upcoming Dividend • Apr 16
Upcoming dividend of UK£0.01 per share Eligible shareholders must have bought the stock before 23 April 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (5.2%). Duyuru • Mar 28
AIREA plc Proposes Dividend for the Year Ended 31 December 2025, Payable on 20 May 2026 AIREA plc proposed a final dividend of £0.39 million or 1.00 pence per share for the year ended 31 December 2025, (2024: £0.23 million or 0.60 pence per share). As no interim dividend was paid, this represents the total dividend for the year. This is the fifth consecutive year of dividend growth and is aligned with the Group's progressive dividend policy. The final dividend will be paid on 20 May 2026 to shareholders on the register on 24 April 2026. This proposal is subject to shareholder approval at the Group's Annual General Meeting to be held on 6 May 2026. Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: UK£0.025 (vs UK£0.007 loss in FY 2024) Full year 2025 results: EPS: UK£0.025 (up from UK£0.007 loss in FY 2024). Revenue: UK£21.4m (up 1.0% from FY 2024). Net income: UK£982.0k (up UK£1.26m from FY 2024). Profit margin: 4.6% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Duyuru • Mar 26
AIREA plc, Annual General Meeting, May 06, 2026 AIREA plc, Annual General Meeting, May 06, 2026. Location: victoria mills, the green, ossett, west yorkshire, wf5 0an, United Kingdom New Risk • Mar 03
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 7.2% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (UK£8.49m market cap, or US$11.3m). New Risk • Feb 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.33m (US$9.93m) This is considered a major 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 24% per year over the past 5 years. Market cap is less than US$10m (UK£7.33m market cap, or US$9.93m). Duyuru • Jan 22
AIREA plc Provides Earnings Guidance for the Twelve Months Ended 31 December 2025 AIREA plc provided earnings guidance for the twelve months ended 31 December 2025 . for the period, the group expects operating profit for the Period to be ahead of the prior year. Duyuru • Jul 29
AIREA plc to Report First Half, 2025 Results on Sep 30, 2025 AIREA plc announced that they will report first half, 2025 results on Sep 30, 2025 Declared Dividend • Mar 30
Dividend increased to UK£0.006 Dividend of UK£0.006 is 9.1% higher than last year. Ex-date: 17th April 2025 Payment date: 21st May 2025 Dividend yield will be 2.2%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Duyuru • Mar 28
AIREA plc Proposes Final Dividend for the Year Ended December 31, 2024, Payable on 21 May 2025 AIREA plc proposed a final dividend of £0.2 million or 0.60 pence per share for the year ended December 31, 2024 (2023: £0.2 million or 0.55 pence per share), which is the total dividend for the year as no interim dividend was paid. This is a fourth consecutive year of dividend growth and is aligned with the Group's progressive dividend policy. The final dividend will be paid on 21 May 2025 to shareholders on the register on 22 April 2025. This proposal is subject to shareholder approval at the Group's Annual General Meeting to be held on 7 May 2025. Reported Earnings • Mar 27
Full year 2024 earnings released: UK£0.007 loss per share (vs UK£0.02 profit in FY 2023) Full year 2024 results: UK£0.007 loss per share (down from UK£0.02 profit in FY 2023). Revenue: UK£21.2m (flat on FY 2023). Net loss: UK£282.0k (down 137% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Duyuru • Mar 27
AIREA plc, Annual General Meeting, May 07, 2025 AIREA plc, Annual General Meeting, May 07, 2025. Location: victoria mills, the green, west yorkshire, wf5 0an, ossett United Kingdom New Risk • Jan 23
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 7.2% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 331% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (UK£9.07m market cap, or US$11.2m). New Risk • Dec 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.91m (US$9.99m) This is considered a major 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 331% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (UK£7.91m market cap, or US$9.99m). Minor Risk Profit margins are more than 30% lower than last year (0.3% net profit margin). Reported Earnings • Sep 27
First half 2024 earnings released: UK£0.006 loss per share (vs UK£0.013 profit in 1H 2023) First half 2024 results: UK£0.006 loss per share (down from UK£0.013 profit in 1H 2023). Revenue: UK£9.28m (down 5.6% from 1H 2023). Net loss: UK£215.0k (down 144% from profit in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Duyuru • Aug 06
AIREA plc to Report First Half, 2024 Results on Sep 26, 2024 AIREA plc announced that they will report first half, 2024 results on Sep 26, 2024 Declared Dividend • Mar 28
Dividend increased to UK£0.0055 Dividend of UK£0.0055 is 10.0% higher than last year. Ex-date: 18th April 2024 Payment date: 20th May 2024 Dividend yield will be 1.6%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 81% to shift the payout ratio to a potentially unsustainable range, which is more than the 25% EPS decline seen over the last 5 years. Duyuru • Mar 27
AIREA plc, Annual General Meeting, May 08, 2024 AIREA plc, Annual General Meeting, May 08, 2024, at 13:00 Coordinated Universal Time. Location: Victoria Mills, The Green, Ossett, West Yorkshire England United Kingdom Reported Earnings • Mar 27
Full year 2023 earnings released: EPS: UK£0.02 (vs UK£0.034 in FY 2022) Full year 2023 results: EPS: UK£0.02 (down from UK£0.034 in FY 2022). Revenue: UK£21.1m (up 14% from FY 2022). Net income: UK£769.0k (down 41% from FY 2022). Profit margin: 3.6% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • Feb 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (UK£11.8m market cap, or US$14.9m). New Risk • Jan 25
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 7.7% 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 Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (UK£11.0m market cap, or US$14.0m). Duyuru • Oct 05
AIREA plc Announces Executive Changes AIREA Plc has appointed Conleth Campbell as its chief financial officer with effect from October 2. Campbell will replace Ryan Thomas, who had announced his resignation on July 4 to pursue a new opportunity in another sector. Campbell was previously Group Financial Controller of Genuit Group Plc. He has also held the position of Head of Capital Markets for Croda International Plc. Prior to these roles, he was the Finance Manager of Retail & Tour Operations for the Irish division of Thomson Travel Group Plc, and the UK Finance Manager for Yorkshire Food Group Plc. Reported Earnings • Jul 30
First half 2023 earnings released: EPS: UK£0.012 (vs UK£0.016 in 1H 2022) First half 2023 results: EPS: UK£0.012 (down from UK£0.016 in 1H 2022). Revenue: UK£9.83m (up 15% from 1H 2022). Net income: UK£490.0k (down 20% from 1H 2022). Profit margin: 5.0% (down from 7.1% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Duyuru • May 10
AIREA plc Appoints Tanya Ashton as Independent Non-Executive Director AIREA plc announced the appointment of Tanya Ashton as Independent Non-Executive Director, with immediate effect. Tanyais an experienced board director, with over 20 years' experience in strategic marketing and brand development roles. She currently acts as Head of Sustainability at Walgreens Boots Alliance Global Sourcing, Europe, focused on reducing risk through transformational sustainable supply chains and has been recognised for her commitment to increasing sustainability in consumer products. Tanya also holds a Non-Executive Director position and acts as a sustainability subject matter expert to AIM-listed M.P. Evans Group PLC, which owns, manages and develops sustainable palm-oil estates in Indonesia. Tanya has also been a director and board member of The Sustainability Consortium (TSC) since January 2022, where she has enhanced supply chain visibility and launched the TSC THESIS Sustainability Assessment Tool across international boundaries. Reported Earnings • Apr 06
Full year 2022 earnings released: EPS: UK£0.034 (vs UK£0.027 in FY 2021) Full year 2022 results: EPS: UK£0.034 (up from UK£0.027 in FY 2021). Revenue: UK£18.5m (up 17% from FY 2021). Net income: UK£1.30m (up 24% from FY 2021). Profit margin: 7.0% (up from 6.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year. Board Change • Nov 16
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. 2 non-independent directors. Independent Non-Executive Chairman Martin Toogood was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 29
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£440.0k from profit in 1H 2021). Profit margin: (down from 5.9% in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Duyuru • May 26
AIREA plc Declares Dividend in Respect of Fiscal Year 2021, Payable on 26 May 2022 The Board of Airea plc declared a dividend of 0.4 pence per ordinary share in respect of Fiscal Year 2021. The final dividend will be paid on 26 May 2022 to shareholders on the register on 26 April 2022. Shareholders at the AGM approved the final dividend on 17 May 2022. Reported Earnings • Apr 13
Full year 2021 earnings released Full year 2021 results: Revenue: UK£15.9m (up 9.0% from FY 2020). Net income: UK£1.04m (up 167% from FY 2020). Profit margin: 6.6% (up from 2.7% in FY 2020). Duyuru • Apr 13
AIREA plc, Annual General Meeting, May 17, 2022 AIREA plc, Annual General Meeting, May 17, 2022, at 13:00 Coordinated Universal Time. Location: Cedar Court Hotel (Huddersfield), Lindley Moor Road Ainley Top, Huddersfield, HD3 3RH Huddsersfield United Kingdom Agenda: Annual General Meeting. Duyuru • Apr 12
AIREA plc Proposes Dividend for the Year 2021 AIREA plc proposed a total dividend of £0.2 million or £0.4 pence per share for the year 2021 (2020: £nil). This proposal is subject to shareholder approval. Duyuru • Mar 30
AIREA plc Announces Demise of Neil Rylance, Chief Executive Officer AIREA plc announced the death of Neil Rylance, Chief Executive Officer, who passed away on the 28thMarch 2022, aged 64. Neil has been leading the Airea plc Board of Directors since joining the company in 2008. Reported Earnings • Aug 03
First half 2021 earnings released: EPS UK£0.011 (vs UK£0.001 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£7.43m (up 4.7% from 1H 2020). Net income: UK£440.0k (up UK£483.0k from 1H 2020). Profit margin: 5.9% (up from net loss in 1H 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Executive Departure • Jun 15
Group Finance Director, Company Secretary & Director Paul Stevenson has left the company On the 11th of June, Paul Stevenson's tenure as Group Finance Director, Company Secretary & Director ended after 2.9 years in the role. We don't have any record of a personal shareholding under Paul's name. Paul is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.92 years. Duyuru • Mar 16
Airea plc Announces Executive Changes Airea plc confirmed the following change to the board of directors. The Group's Finance Director, Paul Stevenson, has notified the company of his intention to resign from his position to pursue another opportunity. Paul will leave the Group on June 11, 2021. The Group's Financial Controller Nick Taylor will assume day to day responsibility for the finance function upon Paul's departure whilst the Board seeks to appoint Paul's successor. Reported Earnings • Mar 05
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£14.6m (down 24% from FY 2019). Net income: UK£391.0k (down 75% from FY 2019). Profit margin: 2.7% (down from 8.1% in FY 2019). Duyuru • Mar 04
AIREA plc, Annual General Meeting, May 12, 2021 AIREA plc, Annual General Meeting, May 12, 2021, at 14:00 Central European Standard Time. Location: Victoria Mills, The Green, Ossett West Yorkshire United Kingdom Is New 90 Day High Low • Nov 24
New 90-day high: UK£0.28 The company is up 6.0% from its price of UK£0.27 on 26 August 2020. The British market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Consumer Durables industry, which is up 24% over the same period. Is New 90 Day High Low • Sep 18
New 90-day low: UK£0.26 The company is down 20% from its price of UK£0.32 on 19 June 2020. The British market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is down 2.0% over the same period. Duyuru • Jul 31
AIREA plc Proposes No Interim Dividend for the Six Months Ended 30 June 2020 AIREA plc announced that given the financial performance of the group and the continued levels of uncertainty in the market and economy the group will continue to prioritise cash to ensure medium to long term stability and therefore will not be proposing an interim dividend (2019: 0.8 pence).