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Amigo Holdings PLC
(LSE:AMGO)
Amigo Holdings PLC (AMGO) vs. iShares MSCI United Kingdom ETF (EWC)
Amigo Holdings PLC Business Overview & Revenue Model
Amigo Holdings PLC Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 100.00K | 100.00K | 10.00M | 20.80M | 89.60M | 170.90M |
| Gross Profit | 100.00K | 100.00K | -500.00K | 1.40M | 62.30M | 130.10M |
| EBITDA | -2.40M | -2.40M | -19.60M | -37.40M | 207.30M | -213.00M |
| Net Income | -200.00K | -200.00K | -12.60M | -34.80M | 169.60M | -289.10M |
Balance Sheet | ||||||
| Total Assets | 39.20M | 39.20M | 178.20M | 219.10M | 285.00M | 538.60M |
| Cash, Cash Equivalents and Short-Term Investments | 4.70M | 4.70M | 90.40M | 62.40M | 133.60M | 177.90M |
| Total Debt | 0.00 | 0.00 | 0.00 | 100.00K | 50.60M | 297.70M |
| Total Liabilities | 39.20M | 39.20M | 178.20M | 206.50M | 237.10M | 660.00M |
| Stockholders Equity | 0.00 | 0.00 | 0.00 | 12.60M | 47.90M | -121.40M |
Cash Flow | ||||||
| Free Cash Flow | -136.30M | -136.30M | 5.40M | 78.80M | 205.50M | 287.20M |
| Operating Cash Flow | -136.30M | -136.30M | 5.40M | 78.80M | 205.50M | 287.70M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 300.00K | -500.00K |
| Financing Cash Flow | 200.00K | 200.00K | -100.00K | -50.30M | -248.80M | -167.40M |
Amigo Holdings PLC Technical Analysis
Amigo Holdings PLC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £280.68M | 14.07 | 8.41% | 5.33% | -11.17% | 6.04% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | £518.58M | 7.21 | 14.70% | 4.39% | -7.52% | 50.23% | |
56 Neutral | £194.00M | 5.91 | 39.40% | 4.74% | ― | ― | |
49 Neutral | £299.29M | -3.87 | -16.30% | ― | -3.77% | -147.20% | |
47 Neutral | £5.52M | -20.00 | ― | ― | -97.14% | 98.49% |
Amigo Holdings PLC Corporate Events
Amigo Holdings PLC has provided a corporate update on its strategic pivot toward gold and rare earth mining in Africa, confirming early-stage exploration activity in Tanzania’s Mara Region within the Lake Victoria goldfields district. Working with Dubai-based technical partner AK Corporation, the company is deploying advanced satellite-based hyperspectral imaging, soil and rock geochemical testing, and passive micro-seismic surveys to map subsurface structures and identify potential gold-bearing zones before committing capital to specific projects. The approach is designed to reduce exploration risk and cost by generating detailed 2D and 3D structural models and focusing any future trenching and drilling on drill-ready targets. Amigo emphasized that no specific investments have yet been identified or agreed and said it will update investors as the exploration programme progresses, underlining the early and exploratory nature of its new mining-focused strategy.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £0.80 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has disclosed that its chief executive, Nicholas Beal, has acquired mandatory convertible loan notes from an original subscriber, giving him the right to receive 3,666,669 new ordinary shares for a total consideration of £18,333.35, implying a price of around 0.50p per share. The purchase aligns the CEO more closely with shareholders as the company proceeds with its previously announced plan to raise up to £1.5m through mandatory convertible loan notes, which are being converted in two tranches into a total of 500 million new ordinary shares, potentially leading to significant equity dilution while bolstering Amigo’s capital structure and paving the way for future corporate actions such as a possible reverse takeover.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £0.81 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has initiated the conversion of the first tranche of its mandatory convertible loan notes into 375 million new ordinary shares at a price of 0.3p per share, with these shares ranking pari passu with existing stock and eligible for all future dividends and distributions. Following admission of the new shares to trading on the London Stock Exchange’s main market, expected on 20 January 2026, Amigo’s issued share capital will rise to 1,065,088,160 ordinary shares, with a further 125 million shares still to be issued upon conversion of the remaining loan notes by January 2027 or earlier, signalling a significant expansion of the company’s equity base and potential dilution for existing shareholders as it progresses its capital restructuring plans.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £0.81 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has completed the admission to trading of 62.7 million new ordinary shares issued under its oversubscribed WRAP Retail Offer, which was taken up 4.7 times at an issue price of 0.3p per share. The new shares, which rank pari passu with existing stock, increase the company’s total voting share capital to 690,088,160 ordinary shares, a change that will affect shareholders’ disclosure thresholds and could broaden the investor base while modestly strengthening the company’s equity position.
Amigo Holdings PLC has disclosed that Anna Louise Shelmerdine, a person closely associated with non-executive director Jonathan Roe, has purchased 1,675,041 ordinary shares in the company at a price of £0.00597 per share on the London Stock Exchange. The transaction, formally notified under regulatory rules for dealings by persons discharging managerial responsibilities and their associates, signals insider-related buying activity that may be interpreted by investors as a sign of confidence in the company’s prospects or valuation, although no additional operational or strategic context was provided in the announcement.
Amigo Holdings PLC has disclosed that its chief executive officer, Nicholas Beal, and non-executive director, Jonathan Roe, have purchased a combined 6.19 million ordinary shares in the company on the London Stock Exchange across 18 and 19 December 2025. The purchases, made partly through the Winterflood Retail Access Platform offer for existing shareholders at 0.3 pence per share and partly in the market at low fractions of a penny, indicate increased equity exposure by senior management and board members following the board’s recent confirmation of the allocation basis for the WRAP offer, a move likely to be interpreted by investors as a signal of internal confidence at a time when the company’s shares are trading at depressed levels.
Amigo Holdings PLC has secured shareholder approval at its general meeting for the issue of new shares on a non-pre-emptive basis, enabling an oversubscribed retail offer of 62.7 million shares at 0.3 pence each to proceed, with admission to trading on the London Stock Exchange’s main market expected around 24 December 2025. The board has also appointed corporate finance specialist Andy Chee as an independent non-executive director to support its move into African mining opportunities, plans to seek shareholder approval in early 2026 to change its name to Amigo Resources PLC, and intends to propose a one-for-100 share consolidation to reduce share price volatility and bid-offer spreads, potentially making the stock more attractive to institutional investors; the company has also filed its annual report for the year ended 31 March 2023 with the National Storage Mechanism.
Amigo Holdings has successfully completed a WRAP Retail Offer, raising gross proceeds of approximately £188,100 at an issue price of 0.3 pence per share through the issuance of 62.7 million new ordinary shares, following demand that significantly exceeded the size of the offer. Subject to shareholder approval at a general meeting and admission of the new shares to trading, expected around 24 December 2025, the company’s issued share capital will rise to 690,088,160 ordinary shares, potentially diluting existing holdings but bolstering the group’s capital base and demonstrating strong retail investor interest in its latest fundraise.
Amigo Holdings PLC has announced a retail offer through the Winterflood Retail Access Platform to raise up to £188,100 by issuing new ordinary shares at a discounted price to existing shareholders in the UK. This initiative aims to strengthen the company’s capital base and provide existing shareholders with an opportunity to participate in its financial activities. The offer is conditional on shareholder approval and the listing of the new shares on the London Stock Exchange. The proceeds from this offer, along with previously secured convertible loan notes, are intended to support the company’s strategic objectives.
Amigo Holdings PLC has appointed Craig Ransley as a Director and Executive Chair, marking a strategic shift towards the mining sector. Ransley, an experienced entrepreneur in mining and industrial services, will focus on exploring reverse takeover opportunities to reposition Amigo with a focus on gold and rare earth mining in Africa. This move aims to enhance shareholder value, although the outcome remains uncertain.
Amigo Holdings PLC has completed an 18-month financial period ending September 2025, during which it executed a Scheme of Arrangement, resulting in the winding down of its lending operations and the liquidation of its subsidiaries. The company is now focused on finding a reverse takeover opportunity in the mining sector, having appointed Craig Ransley as a Board Consultant to assist in this transition and secured £1.5 million in risk capital. With its subsidiaries in solvent liquidation and minimal cash reserves, Amigo is effectively a cash entity, prioritizing cost management and the pursuit of new business avenues.
Amigo Holdings PLC recently announced the admission of 57,035,200 new ordinary shares, known as Fee Shares, to trading. This move is part of a consultancy agreement with Craig Ransley, who facilitated a £1.5 million capital raise for the company. The Fee Shares are held by Stellar Mercator Pte Ltd, a company based in Singapore, beneficially owned by Ransley. This development highlights Amigo’s strategic efforts to bolster its capital base, potentially impacting its market positioning and stakeholder interests.
Amigo Holdings PLC has announced a general meeting to seek approval for issuing new ordinary shares without pre-emption rights and at a discount exceeding 10% of the closing mid-market price. This move is part of a capital raise initiative, including a £1.5 million investment through mandatory convertible loan notes and an additional £188,100 from existing shareholders, conditional on the resolution’s approval at the meeting.
Amigo Holdings PLC announced the admission of 57,035,200 new ordinary shares subscribed by Craig Ransley, which are now listed on the London Stock Exchange. This increases the total number of ordinary shares with voting rights to 627,388,160, impacting shareholder calculations under the FCA’s rules.
Amigo Holdings PLC has announced the application for the admission of 57,035,200 Fee Shares to be listed on the Equity Shares Category of the Official List and to be traded on the Main Market of the London Stock Exchange. This move is expected to occur around 24 November 2025 and will align the Fee Shares with existing ordinary shares in terms of voting and income entitlements. The issuance of these shares is part of a strategic financial maneuver, although 96 shares could not be issued due to rounding constraints, with Craig waiving his entitlement to these shares.
Amigo Holdings PLC has announced a capital raise through the issuance of up to £1.5 million in unlisted convertible loan notes, conditional on shareholder approval at a General Meeting. This move is part of Amigo’s strategy to secure new risk capital investors, facilitated by Craig Ransley, who will receive a fee in the form of new ordinary shares. The capital raise is crucial for Amigo’s future operations and shareholder value, although it involves significant dilution of existing shares. The company is also exploring opportunities for retail investors to participate in the capital raise.
Amigo Holdings PLC has appointed Craig Ransley as a strategic consultant to explore options for a reverse takeover in the mining sector. This move aims to enhance shareholder value, although the success of such a deal is not guaranteed. Ransley’s extensive experience in the mining industry is expected to significantly improve the company’s chances of securing a beneficial outcome. If successful, Ransley will be appointed as Executive Chair, and the company plans a capital raise of £1.5 million, with Ransley subscribing for a significant portion of new shares.