Sure Ventures Plc (SURE) AI Stock Analysis

• Market Cap: £6.53M
• Dividend Yield: N/A
• Average Volume (3M): 378.00
• Price to Earnings (P/E): 2.9
• Beta (1Y): 0.08
• Revenue Growth: -629.13%
• EPS Growth: N/A
• Country: UK
• Employees: N/A
• Sector: Technology
• Sector Strength: 67
• Industry: Asset Management
• EPS (TTM): 0.29
• Shares Outstanding: 7,643,252
• 10 Day Avg. Volume: 223
• 30 Day Avg. Volume: 378
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Sure Ventures Plc's overall score reflects significant financial challenges, with negative profitability and liquidity concerns weighing heavily. However, strategic corporate actions and a low P/E ratio offer potential upside. The bearish technical indicators suggest caution, but recent positive corporate developments could enhance future prospects.

Sure Ventures Plc Business Overview & Revenue Model

Company Description

Sure Ventures Plc (SURE) is a venture capital firm focusing on investing in early-stage technology companies. The company primarily targets sectors such as augmented reality (AR), virtual reality (VR), fintech, and the Internet of Things (IoT). Its core service involves identifying promising startups and providing them with the necessary capital and strategic guidance to foster growth and innovation.

How the Company Makes Money

Sure Ventures Plc makes money through its investment activities. The company generates revenue primarily from the appreciation of its investments in portfolio companies. As these startups grow and increase in value, Sure Ventures can earn returns through exits such as initial public offerings (IPOs), mergers, or acquisitions. Additionally, the firm may earn dividends or interest from its investments, depending on the structure of the deals. The company's revenue is influenced by its ability to identify high-potential startups and its active involvement in supporting these businesses to achieve successful growth trajectories.

Sure Ventures Plc Financial Statement Overview

Summary

Sure Ventures Plc faces significant financial challenges with negative profitability reflected in substantial losses and negative revenue growth. Cash flow issues further exacerbate these challenges despite a strong equity base. Strategic improvements are critical for future stability.

Income Statement

Sure Ventures Plc has experienced volatile revenue trends with substantial negative revenue and net income for the most recent year. The gross profit and EBIT margins are negative, indicating poor profitability. The company also shows inconsistent revenue growth, reflecting challenges in maintaining stable revenue streams.

Balance Sheet

The balance sheet shows a favorable equity position with a high equity ratio, indicating strong shareholder equity. However, the company's return on equity is negative due to recent losses and there is a moderate level of debt, which requires careful management.

Cash Flow

The cash flow statement reveals negative operating and free cash flows, highlighting liquidity concerns. There is a reliance on financing cash flow, which is not sustainable for long-term growth. The operating cash flow to net income ratio is negative, suggesting inefficiencies in converting net income into cash.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
-2.07M	-157.41K	2.49M	258.68K	709.55K
	Gross Profit
-2.21M	-417.59K	2.29M	96.74K	559.27K
	EBIT
-2.21M	-429.64K	2.20M	-35.41K	445.48K
	EBITDA
35.34K	0.00	-56.17K	0.00	0.00
	Net Income Common Stockholders
-2.53M	-429.64K	2.20M	-35.41K	445.48K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
65.21K	36.70K	282.18K	1.26M	1.70M
	Total Assets
6.31M	8.24M	7.80M	4.98M	4.80M
	Total Debt
400.00K	200.00K	0.00	0.00	0.00
	Net Debt
334.79K	163.30K	-282.18K	-1.26M	-1.70M
	Total Liabilities
490.45K	200.00K	48.85K	54.05K	287.86K
	Stockholders Equity
5.82M	7.96M	7.75M	4.93M	4.51M
Cash Flow		Free Cash Flow
-356.11K	-307.00K	-298.62K	-509.28K	-45.70K
	Operating Cash Flow
-356.11K	-307.00K	-298.62K	-509.28K	-45.70K
	Investing Cash Flow
-198.38K	-779.73K	-1.30M	-387.38K	-667.89K
	Financing Cash Flow
583.00K	841.25K	629.38K	451.25K	274.35K

Sure Ventures Plc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 85.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SURE, the sentiment is Negative. The current price of 85.5 is equal to the 20-day moving average (MA) of 85.50, below the 50-day MA of 86.51, and below the 200-day MA of 89.83, indicating a neutral trend. The MACD of -0.31 indicates Negative momentum. The RSI at 32.99 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SURE.

Sure Ventures Plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IPX	69 Neutral	£191.20M	5.21	27.52%	18.55%	-4.31%	-6.30%
Sector *	60 Neutral	$10.93B	10.46	-6.70%	2.99%	7.54%	-12.22%
GROW	52 Neutral	£497.85M	―	-0.51%	―	59.93%	97.07%
SURE	51 Neutral	£6.53M	2.94	23.52%	―	-629.13%	―

Sure Ventures Plc Corporate Events

Sure Ventures PLC Announces Strategic Sale of Getvisibility Stake

Sure Ventures PLC has announced the cash sale of its entire stake in Getvisibility, a cybersecurity company specializing in data visibility and control, to Forcepoint. The sale is expected to generate a gross cash inflow of £1.52 million, representing a 4.5x return on investment. The proceeds will be used to pay down debt, ensure sufficient working capital, and potentially pay dividends to shareholders. This move positions Sure Ventures PLC’s Fund 1 in ‘exit mode,’ indicating future exits may lead to increased shareholder returns.

Retinize Secures £1.6 Million Investment to Advance Creative Technology

Sure Ventures PLC announced that Retinize, a company within its portfolio, has successfully secured a £1.6 million investment round. Retinize, a creative technology software company based in Northern Ireland, is focused on developing immersive technology solutions for the creative industries. This investment round, which was completed at a higher valuation than previous investments, was supported by QUBIS and Innovation Ulster, along with Sure Valley Ventures, Techstart Ventures, Co-Fund NI, and angel investors. The funding will enable Retinize to continue developing its technology, which has the potential to significantly reduce content creation costs, thereby enhancing its position in the creative technology space.