Windward Ltd (LON: WNWD) is another of the 2021 new AIM admissions where the share price has done poorly. The issue price on 6 December 2021 was 155p and the share price went to an initial premium. However, in 2022 it fell by 69.3% to 65p. Yet the business, while still heavily loss making, has made good progress.
Israel-based Windward has developed AI-based software that enables real-time information about seafaring vessels to be transmitted to their owners. Additional services are being added to the platform. The latest is the vessel fuel consumption API, which assesses fuel consumption a...