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Corcel
(LSE:CRCL)
Corcel (CRCL) vs. S&P 500 (SPY)
Corcel Business Overview & Revenue Model
Corcel Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 104.00K | 0.00 | 0.00 | 0.00 |
| Gross Profit | |||||
| -118.00 | -144.00K | -10.00K | -91.00 | -121.00 | 0.00 |
| EBIT | |||||
| -987.13K | -2.84M | -1.88M | -1.38M | -1.16M | -1.16M |
| EBITDA | |||||
| -1.24M | -2.84M | -1.87M | 0.00 | 0.00 | -1.23M |
| Net Income Common Stockholders | |||||
| -563.55K | -3.04M | -1.26M | -2.72M | -1.30M | -1.80M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 143.00K | 268.00K | 257.00K | 392.00K | 420.00K | 68.80K |
| Total Assets | |||||
| 8.19M | 12.05M | 6.83M | 5.49M | 4.26M | 3.67M |
| Total Debt | |||||
| 2.29M | 1.33M | 602.00K | 883.00K | 802.00K | 1.52M |
| Net Debt | |||||
| 2.15M | 1.06M | 345.00K | 491.00K | 387.00K | 1.46M |
| Total Liabilities | |||||
| 3.07M | 6.17M | 1.32M | 1.12M | 985.00K | 1.83M |
| Stockholders Equity | |||||
| 5.12M | 5.88M | 5.52M | 4.37M | 3.26M | 1.82M |
| Cash Flow | Free Cash Flow | ||||
| -1.91M | -4.05M | -1.71M | -931.00K | -971.00K | -708.45K |
| Operating Cash Flow | |||||
| -1.54M | -2.44M | -1.32M | -869.00K | -909.00K | -708.45K |
| Investing Cash Flow | |||||
| 809.02K | -1.23M | 779.00K | -601.00K | -150.00K | 165.06K |
| Financing Cash Flow | |||||
| 759.77K | 3.70M | 784.00K | 1.45M | 1.41M | 481.00K |
Corcel Technical Analysis
Corcel Peers Comparison
Corcel Corporate Events
Corcel PLC has announced a change in its voting rights holdings, with Daniel Kaufman acquiring a 4.5% stake in the company as of February 24, 2025. This adjustment in holdings reflects a strategic move by Corcel to manage its voting rights, potentially impacting its market positioning and stakeholder interests.
Corcel PLC has announced a change in its major holdings, with Res Privata N.V., based in Amsterdam, Netherlands, acquiring a 3.37% voting rights stake in the company. This acquisition was facilitated through Global Prime Partners LTD, located in London, UK. The notification of this change was completed on February 27, 2025, and reflects the company’s adherence to disclosure obligations as outlined in its articles of association. This development may impact Corcel PLC’s shareholder dynamics and could influence its strategic decisions moving forward.
Corcel PLC, a UK-based company, has announced a significant change in its shareholder structure due to an acquisition or disposal of financial instruments by Spreadex LTD. The notification indicates that Spreadex LTD now holds a total of 6.1445% of voting rights in Corcel PLC, an increase from the previous 5.5823%. This change reflects a strategic adjustment in the company’s shareholder composition, which could have implications for its governance and decision-making processes.
Corcel PLC, a company involved in the acquisition and disposal of voting rights, has announced a significant change in its voting rights structure. The notification indicates that Iljaas Abdoella has reduced their voting rights in Corcel PLC from 3.37% to 0%, reflecting an acquisition or disposal of voting rights. This change could impact the company’s governance and influence within the market, as it alters the distribution of voting power among shareholders.
Corcel PLC has announced a change in its major holdings, with Iljaas Abdoella acquiring a 3.37% voting right in the company. This acquisition reflects a strategic shift in shareholder composition, potentially impacting Corcel’s decision-making processes and future strategic directions. The notification highlights the importance of monitoring shareholder changes as they can influence company operations and market positioning.
Corcel PLC, a UK-based company, has reported a change in the breakdown of voting rights due to an acquisition or disposal of financial instruments. Spreadex LTD, a regulated provider of spread betting and CFD trading, has adjusted its holdings in Corcel, reducing its total voting rights from 8.363% to 5.582%. This change reflects a significant shift in the company’s shareholder structure, potentially impacting its governance and strategic direction.
Corcel PLC, a company involved in the acquisition or disposal of voting rights, has announced a significant change in its voting rights structure. Nurzhan Subhanberdin has crossed a threshold, now holding 8.43% of the voting rights in Corcel PLC as of February 24, 2025. This change could impact the company’s governance and decision-making processes, potentially influencing its strategic direction and stakeholder interests.
Corcel PLC, a UK-based company, has announced a change in its voting rights structure following an acquisition or disposal of shares by Askar Alshinbayev, based in Hong Kong. As of February 17, 2025, Alshinbayev holds 8.4328% of the voting rights in Corcel PLC, totaling 468,750,000 shares. This notification indicates a significant stake in the company, potentially impacting its governance and decision-making processes.
Corcel PLC has reported a change in major holdings, indicating a shift in the voting rights attached to its shares. The notification reveals that RS & CA Jennings, based in York, UK, has adjusted their holdings, resulting in a decrease in the percentage of voting rights from 11.59% to 8.18%. This change could impact Corcel’s shareholder dynamics and influence future decisions within the company.
Corcel PLC announced the successful workover of the EI-1 well in the IRAI field, Brazil, which confirmed sustained gas production at historical rates. This workover aligns with Corcel’s strategy to acquire cash-generating assets and marks the company’s first production milestone in Brazil shortly after securing the IRAI opportunity. The achievement demonstrates Corcel’s rapid execution capability and strategic positioning in a proven, low-cost gas-producing region, providing significant expansion potential and revenue opportunities.
Corcel PLC announced the commencement of workover operations in the IRAI field in Brazil, managed by operator Petroborn Óleo e Gás S.A. This project is part of a two-well workover program where Corcel holds an option to acquire an interest. The IRAI gas field, located in the Tucano Sul Basin, presents a significant opportunity for Corcel to increase production and revenue due to its shallow gas reservoirs and high production rates. This development aligns with Corcel’s strategy to diversify its portfolio and strengthen its position in the energy sector.
Corcel PLC announced a successful fundraising effort, raising £2.72 million at a premium to support its growth initiatives in Angola and Brazil. This capital will bolster Corcel’s financial position, enabling accelerated development of key projects in the Kwanza Basin and further exploration in Brazil. The fundraising reflects strategic investor confidence and positions Corcel to capitalize on its first mover advantage in Angola, with upcoming seismic programs and increased interests in the region expected to unlock significant value for shareholders.
Corcel PLC has announced a General Meeting to be held on February 20, 2025, where it will present its Annual Report and Accounts for the financial year ending June 30, 2024. This meeting is a pivotal event for stakeholders as it outlines the company’s financial health and strategic directions, impacting its market positioning in the energy sector.
Corcel PLC has announced plans to recommence intervention activities at the Tobias-13 and Tobias-14 wells in Angola through its subsidiary, Atlas Petroleum Exploration Worldwide Limited. Despite earlier drilling results not meeting expectations, Corcel’s CEO expressed confidence in the potential of the field, emphasizing its importance alongside a forthcoming seismic campaign targeting various blocks in the Kwanza basin. This development reflects Corcel’s strategic efforts to explore and maximize the potential of its assets, which could significantly enhance its value and strengthen its position in the energy sector.
Corcel PLC, a UK-based company, has announced a significant change in its financial holdings. Spreadex LTD has increased its total voting rights in Corcel PLC to 8.363%, reflecting a rise from a previous position of 7.9728%. This change impacts the company’s shareholder structure and may influence its corporate governance, highlighting Spreadex LTD’s growing influence within Corcel PLC.
Corcel PLC announced a change in the breakdown of voting rights, with Spreadex LTD now holding a total of 7.9728% of voting rights. This adjustment reflects a decrease from the previous position, indicating a shift in shareholder influence. The update provides stakeholders with insights into the evolving ownership structure, potentially impacting decision-making processes within the company.
Corcel Plc announced that all resolutions at its Annual General Meeting were passed, aligning with its strategy to reduce cash obligations by issuing shares in lieu of historic director fees and awarding bonus shares. This initiative underscores the company’s operational progress in 2024, including increased equity and strategic entries into Angola and Brazil, which are pivotal for its growth trajectory. The issuance of new shares aims to preserve cash and recognize corporate milestones, impacting shareholder alignment and company operations.
Corcel PLC has released an updated investor presentation, highlighting the company’s progress in aligning its portfolio with long-term objectives and enhancing asset quality. The company’s strategic diversification includes new assets in Brazil and an operational plan for exploration in Angola. These efforts aim to create sustainable value for shareholders through growth and efficiency. Upcoming investor events in January 2025 will facilitate direct engagement with stakeholders to discuss Corcel’s portfolio and operational plans.
Corcel PLC has reported its final audited results for the year ended June 30, 2024, highlighting a year of strategic realignment and operational milestones. The acquisition of a 90% interest in APEX and increased equity in Angola’s Kwanza Basin have strengthened Corcel’s position in the energy sector, with significant progress made in exploration and production projects. Financially, the company has raised capital to support its strategic objectives while minimizing shareholder dilution. Corcel’s focus on Angola, Brazil, and battery metals positions it as a dynamic player poised to thrive in the evolving energy landscape.