New Risk • Aug 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Nigerian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Negative equity (-₦2.7b). Revenue is less than US$1m (₦1.0m revenue, or US$732). Market cap is less than US$10m (₦4.88b market cap, or US$3.57m). Minor Risk Less than 1 year of cash runway based on current free cash flow (-₦2.6b). Duyuru • Jul 13
Omatek Ventures Plc to Report Q2, 2026 Results on Jul 28, 2026 Omatek Ventures Plc announced that they will report Q2, 2026 results on Jul 28, 2026 New Risk • May 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: -₦2.6b 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₦2.6b free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-₦2.7b). Revenue is less than US$1m (₦200k revenue, or US$146). Market cap is less than US$10m (₦5.94b market cap, or US$4.34m). Duyuru • Mar 11
Omatek Ventures Plc to Report Fiscal Year 2025 Results on Mar 27, 2026 Omatek Ventures Plc announced that they will report fiscal year 2025 results on Mar 27, 2026 Reported Earnings • Feb 02
Full year 2025 earnings released: ₦0.012 loss per share (vs ₦0.027 loss in FY 2024) Full year 2025 results: ₦0.012 loss per share (improved from ₦0.027 loss in FY 2024). Net loss: ₦34.6m (loss narrowed 56% from FY 2024). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has increased by 147% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jan 15
Omatek Ventures Plc to Report Fiscal Year 2025 Results on Jan 30, 2026 Omatek Ventures Plc announced that they will report fiscal year 2025 results on Jan 30, 2026 Duyuru • Jan 09
Omatek Ventures Plc, Annual General Meeting, Jan 28, 2026 Omatek Ventures Plc, Annual General Meeting, Jan 28, 2026, at 11:00 W. Central Africa Standard Time. Location: lagos airport hotel limited, 111 obafemi awolowo way, ikeja, lagos state, Nigeria Duyuru • Oct 11
Omatek Ventures Plc to Report Q3, 2025 Results on Oct 28, 2025 Omatek Ventures Plc announced that they will report Q3, 2025 results on Oct 28, 2025 Duyuru • Jul 12
Omatek Ventures Plc to Report Q2, 2025 Results on Jul 28, 2025 Omatek Ventures Plc announced that they will report Q2, 2025 results on Jul 28, 2025 New Risk • May 02
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: -₦2.7b 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₦2.7b free cash flow). Negative equity (-₦2.6b). Revenue is less than US$1m (₦400k revenue, or US$249). Market cap is less than US$10m (₦1.74b market cap, or US$1.08m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Apr 08
Full year 2024 earnings released: ₦0.027 loss per share (vs ₦0.002 profit in FY 2023) Full year 2024 results: ₦0.027 loss per share (down from ₦0.002 profit in FY 2023). Net loss: ₦79.4m (down ₦86.0m from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Duyuru • Mar 13
Omatek Ventures Plc to Report Fiscal Year 2024 Final Results on Mar 25, 2025 Omatek Ventures Plc announced that they will report fiscal year 2024 final results on Mar 25, 2025 New Risk • Feb 06
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: -₦417m 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₦417m free cash flow). Negative equity (-₦2.6b). Revenue is less than US$1m (₦6.3m revenue, or US$4.2k). Market cap is less than US$10m (₦2.35b market cap, or US$1.57m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). New Risk • Feb 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Nigerian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-₦2.6b). Revenue is less than US$1m (₦2.0m revenue, or US$1.3k). Market cap is less than US$10m (₦2.15b market cap, or US$1.44m). Minor Risk Duyuru • Jan 21
Omatek Ventures Plc to Report Q4, 2024 Results on Jan 30, 2025 Omatek Ventures Plc announced that they will report Q4, 2024 results on Jan 30, 2025 Duyuru • Oct 15
Omatek Ventures Plc to Report Q3, 2024 Results on Oct 28, 2024 Omatek Ventures Plc announced that they will report Q3, 2024 results on Oct 28, 2024 Duyuru • Jul 04
Omatek Ventures Plc, Annual General Meeting, Jul 23, 2024 Omatek Ventures Plc, Annual General Meeting, Jul 23, 2024, at 11:00 W. Central Africa Standard Time. Location: golden gate restaurant, 25b glover road, ikoyi, lagos state, Nigeria Reported Earnings • May 02
First quarter 2024 earnings released First quarter 2024 results: Net loss: ₦10.4m (loss narrowed 97% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 02
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: -₦5.5b 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₦5.5b free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-₦4.0b). Revenue is less than US$1m (₦3.0m revenue, or US$2.5k). Market cap is less than US$10m (₦2.68b market cap, or US$2.24m). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Feb 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: ₦0.41 loss per share (up from ₦0.67 loss in FY 2020). Net loss: ₦1.21b (loss narrowed 38% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Dec 15
New 90-day low: ₦0.22 The company is down 15% from its price of ₦0.26 on 16 September 2020. The Nigerien market is up 31% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 9.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: ₦0.24 The company is down 8.0% from its price of ₦0.26 on 29 July 2020. The Nigerien market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 7.0% over the same period. 
