New Risk • Jul 16
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 7.4% 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 Less than 1 year of cash runway based on free cash flow trend (-UK£5.1m free cash flow). Shareholders have been substantially diluted in the past year (280% increase in shares outstanding). Revenue is less than US$1m (UK£584k revenue, or US$764k). Market cap is less than US$10m (UK£1.04m market cap, or US$1.36m). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). New Risk • Jun 13
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: UK£584k (US$736k) This is considered a major risk. Companies with a small amount of revenue 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 (-UK£5.1m free cash flow). Shareholders have been substantially diluted in the past year (279% increase in shares outstanding). Revenue is less than US$1m (UK£584k revenue, or US$736k). Market cap is less than US$10m (UK£1.47m market cap, or US$1.85m). Reported Earnings • Jun 12
First half 2023 earnings released: UK£0.012 loss per share (vs UK£0.05 loss in 1H 2022) First half 2023 results: UK£0.012 loss per share (improved from UK£0.05 loss in 1H 2022). Revenue: UK£225.3k (down 73% from 1H 2022). Net loss: UK£2.40m (loss narrowed 16% from 1H 2022). Duyuru • May 27
Actual Experience plc Appoints Iain McCready as Chief Executive Officer, with Effect from 1 June 2023 Actual Experience plc announced that Iain McCready has been appointed as Chief Executive Officer (CEO) and will join the board of the Company as an Executive Director with effect from 1 June 2023, subject to the completion of customary due diligence being carried out by the Company's Nominated Adviser. Mr. McCready has extensive experience in the technology sector, with particular focus on driving revenue growth in early-stage innovative companies, providing strategic and operational leadership, and developing strong business relationships with both partners and customers. Most recently, Iain was Chief Operating Officer of Quorum Cyber, an award-winning cyber security company, and prior to that was CEO of Cortexica Vision Systems and several other innovative software companies. Duyuru • May 26
Actual Experience plc Appoints Iain McCready as an Executive Director, With Effect from 1 June 2023 Actual Experience plc announced that Iain McCready has been appointed to the board of the Company as an Executive Director with effect from 1 June 2023, subject to the completion of customary due diligence being carried out by the Company's Nominated Adviser. Mr. McCready has extensive experience in the technology sector, with particular focus on driving revenue growth in early-stage innovative companies, providing strategic and operational leadership, and developing strong business relationships with both partners and customers. Most recently, Iain was Chief Operating Officer of Quorum Cyber, an award-winning cyber security company, and prior to that was CEO of Cortexica Vision Systems and several other innovative software companies. Board Change • Apr 20
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 Barry Hoffman 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. Board Change • Feb 15
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 Richard Steele was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 27
Full year 2022 earnings released: UK£0.092 loss per share (vs UK£0.11 loss in FY 2021) Full year 2022 results: UK£0.092 loss per share (improved from UK£0.11 loss in FY 2021). Revenue: UK£1.18m (down 32% from FY 2021). Net loss: UK£5.27m (loss narrowed 9.8% from FY 2021). Duyuru • Jan 27
Actual Experience plc, Annual General Meeting, Mar 28, 2023 Actual Experience plc, Annual General Meeting, Mar 28, 2023. Reported Earnings • May 25
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up UK£2.15m from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 61% per year, which means it is significantly lagging earnings. Board Change • Apr 02
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 Bryan Carsberg was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: UK£0.11 loss per share (down from UK£0.099 loss in FY 2020). Revenue: UK£1.74m (down 11% from FY 2020). Net loss: UK£5.85m (loss widened 25% 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 58% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 04
First half 2021 earnings released: UK£0.043 loss per share (vs UK£0.061 loss in 1H 2020) The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were weaker. First half 2021 results: Revenue: UK£889.5k (down 8.4% from 1H 2020). Net loss: UK£2.15m (loss narrowed 25% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 26
Full year 2020 earnings released: UK£0.099 loss per share (vs UK£0.13 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: UK£1.96m (up 1.4% from FY 2019). Net loss: UK£4.68m (loss narrowed 21% from FY 2019). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Duyuru • Feb 25
Actual Experience plc, Annual General Meeting, Mar 29, 2021 Actual Experience plc, Annual General Meeting, Mar 29, 2021. Agenda: To approve consolidated financial statements for the year ended 30 September 2020. Is New 90 Day High Low • Dec 07
New 90-day high: UK£1.15 The company is up 8.0% from its price of UK£1.07 on 08 September 2020. The British market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 11% over the same period. Duyuru • Nov 26
Actual Experience plc Receives Purchase Order from Its Channel Partners Actual Experience plc announced that it has received a Purchase Order from one of its Channel Partners in connection with a major deployment of its recently launched Human Experience Management offering. This opportunity represents a significant milestone for the company and will represent the first large-scale deployment of a Business Impact Assessment project. The company's software will analyse the digital experience of 10,000 home and office-based employees for one month. This confirms the emerging opportunity for the BIA offering to meet the urgent need of its Channel Partners and their enterprise customers as they address the continued challenges of COVID-19-related changes and newly established ways of working across the world. The company's software will be used to analyse the human experience for this customer for all its UK employees of all key commercial applications, quantifying the impact the employee experience has on top level business metrics and objectives such as operational efficiency, equality, carbon footprint and wellbeing. Depending on the extent of the business impact identified by the BIA, the customer may choose to proceed to the ongoing HXM continuous improvement service. Is New 90 Day High Low • Nov 12
New 90-day low: UK£0.78 The company is down 5.0% from its price of UK£0.81 on 14 August 2020. The British market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 9.0% over the same period. Duyuru • Oct 04
Actual Experience plc Receives an Order from Oracle Corporation for its New Human Experience Management Offering Actual Experience plc announced that it has received an order from Oracle Corporation for its new Human Experience Management ("HXM") offering. The order will see ACT undertake an analysis of the human experience of the customers of a global financial services company. The HXM offering analyses the human experience of an organization's digital ecosystem and uses advanced algorithms and correlation techniques to understand the brand impact of poor human experience. Is New 90 Day High Low • Oct 01
New 90-day high: UK£1.13 The company is up 96% from its price of UK£0.57 on 03 July 2020. The British market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 6.0% over the same period.