Price Target Changed • Jun 11
Price target decreased by 58% to €11.40 Down from €27.14, the current price target is an average from 5 analysts. New target price is 54% above last closing price of €7.38. Stock is down 47% over the past year. The company is forecast to post a net loss per share of €2.08 next year compared to a net loss per share of €1.70 last year. New Risk • Jun 07
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 Dutch stocks, typically moving 7.7% 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 (7.7% average weekly change). Shareholders have been substantially diluted in the past year (186% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (€4.5m net loss in 3 years). New Risk • May 18
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €23m Forecast net loss in 3 years: €4.5m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (190% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€4.5m net loss in 3 years). Share price has been volatile over the past 3 months (7.1% average weekly change). Major Estimate Revision • May 15
Consensus revenue estimates fall by 26% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €55.8m to €41.3m. Forecast losses increased from -€1.69 to -€2.08 per share. Professional Services industry in the Netherlands expected to see average net income growth of 7.1% next year. Consensus price target of €28.26 unchanged from last update. Share price was steady at €8.16 over the past week. Breakeven Date Change • May 14
Forecast to breakeven in 2028 The 5 analysts covering Avantium expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 55% per year to 2027. The company is expected to make a profit of €845.0k in 2028. Average annual earnings growth of 59% is required to achieve expected profit on schedule. Price Target Changed • Mar 20
Price target increased by 24% to €33.73 Up from €27.14, the current price target is an average from 4 analysts. New target price is 425% above last closing price of €6.42. Stock is down 58% over the past year. The company is forecast to post a net loss per share of €1.69 next year compared to a net loss per share of €1.70 last year. Announcement • Mar 19
Avantium N.V., Annual General Meeting, May 12, 2026 Avantium N.V., Annual General Meeting, May 12, 2026. Reported Earnings • Mar 19
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: €1.70 loss per share (improved from €3.56 loss in FY 2024). Revenue: €18.0m (down 14% from FY 2024). Net loss: €22.5m (loss narrowed 16% from FY 2024). Revenue missed analyst estimates by 33%. Earnings per share (EPS) exceeded analyst estimates by 62%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Professional Services industry in the Netherlands. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Price Target Changed • Mar 18
Price target decreased by 7.8% to €28.76 Down from €31.18, the current price target is an average from 5 analysts. New target price is 355% above last closing price of €6.32. Stock is down 60% over the past year. The company is forecast to post a net loss per share of €4.49 next year compared to a net loss per share of €3.56 last year. Price Target Changed • Feb 18
Price target decreased by 13% to €27.14 Down from €31.18, the current price target is an average from 6 analysts. New target price is 303% above last closing price of €6.74. Stock is down 63% over the past year. The company is forecast to post a net loss per share of €4.49 next year compared to a net loss per share of €3.56 last year. Breakeven Date Change • Feb 02
Forecast to breakeven in 2028 The 5 analysts covering Avantium expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €845.0k in 2028. Average annual earnings growth of 40% is required to achieve expected profit on schedule. Price Target Changed • Sep 30
Price target decreased by 7.6% to €31.18 Down from €33.74, the current price target is an average from 5 analysts. New target price is 311% above last closing price of €7.59. Stock is down 59% over the past year. The company is forecast to post a net loss per share of €5.29 next year compared to a net loss per share of €3.56 last year. Major Estimate Revision • Sep 30
Consensus revenue estimates fall by 14% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €35.8m to €30.7m. Forecast losses increased from -€5.20 to -€5.29 per share. Professional Services industry in the Netherlands expected to see average net income growth of 18% next year. Consensus price target reaffirmed at €31.18. Share price was steady at €7.59 over the past week. New Risk • Sep 25
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 216% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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). Shareholders have been substantially diluted in the past year (216% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (€12m net loss in 3 years). Price Target Changed • Sep 19
Price target decreased by 17% to €33.74 Down from €40.54, the current price target is an average from 5 analysts. New target price is 347% above last closing price of €7.55. Stock is down 60% over the past year. The company is forecast to post a net loss per share of €5.20 next year compared to a net loss per share of €3.56 last year. New Risk • Sep 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €79.2m (US$93.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€12m net loss in 3 years). Market cap is less than US$100m (€79.2m market cap, or US$93.2m). Reported Earnings • Sep 08
First half 2025 earnings released: €1.08 loss per share (vs €1.90 loss in 1H 2024) First half 2025 results: €1.08 loss per share (improved from €1.90 loss in 1H 2024). Revenue: €6.69m (down 25% from 1H 2024). Net loss: €9.38m (loss narrowed 24% from 1H 2024). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Professional Services industry in the Netherlands. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Sep 06
Avantium N.V. has filed a Follow-on Equity Offering in the amount of €65.357728 million. Avantium N.V. has filed a Follow-on Equity Offering in the amount of €65.357728 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,529,210
Price\Range: €5.4
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,574,073
Price\Range: €5.4
Transaction Features: Regulation S; Rights Offering Price Target Changed • Sep 04
Price target decreased by 15% to €39.54 Down from €46.34, the current price target is an average from 5 analysts. New target price is 202% above last closing price of €13.07. Stock is down 28% over the past year. The company is forecast to post a net loss per share of €5.50 next year compared to a net loss per share of €3.56 last year. Price Target Changed • Aug 07
Price target decreased by 13% to €40.54 Down from €46.34, the current price target is an average from 5 analysts. New target price is 183% above last closing price of €14.32. Stock is down 41% over the past year. The company is forecast to post a net loss per share of €4.43 next year compared to a net loss per share of €3.56 last year. Major Estimate Revision • Jul 01
Consensus EPS estimates upgraded to €3.32 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -€4.43 to -€3.32 per share. Revenue forecast unchanged from €41.8m at last update. Professional Services industry in the Netherlands expected to see average net income growth of 11% next year. Consensus price target of €46.34 unchanged from last update. Share price rose 10% to €13.59 over the past week. Major Estimate Revision • Jun 06
Consensus EPS estimates upgraded to €3.32 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -€4.43 to -€3.32 per share. Revenue forecast unchanged from €41.8m at last update. Professional Services industry in the Netherlands expected to see average net income growth of 16% next year. Consensus price target of €46.34 unchanged from last update. Share price fell 19% to €14.42 over the past week. Major Estimate Revision • May 27
Consensus EPS estimates upgraded to €3.32 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -€4.43 to -€3.32 per share. Revenue forecast unchanged from €41.8m at last update. Professional Services industry in the Netherlands expected to see average net income growth of 16% next year. Consensus price target of €46.34 unchanged from last update. Share price rose 24% to €14.82 over the past week. New Risk • Apr 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Dutch stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€95m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€4.3m net loss in 3 years). Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (€91.3m market cap, or US$99.1m). Reported Earnings • Mar 23
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: €0.36 loss per share (improved from €0.73 loss in FY 2023). Revenue: €21.0m (up 6.8% from FY 2023). Net loss: €26.9m (loss narrowed 14% from FY 2023). Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Professional Services industry in the Netherlands. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. New Risk • Mar 20
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: -€95m 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 Risk Less than 1 year of cash runway based on free cash flow trend (-€95m free cash flow). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (€4.3m net loss in 3 years). Announcement • Mar 20
Avantium N.V., Annual General Meeting, May 14, 2025 Avantium N.V., Annual General Meeting, May 14, 2025. Location: wicked grounds, amsterdam Netherlands Major Estimate Revision • Dec 13
Consensus EPS estimates upgraded to €0.57 loss, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €26.6m to €24.5m. 2024 losses expected to reduce from -€0.732 to -€0.567 per share. Professional Services industry in the Netherlands expected to see average net income growth of 15% next year. Consensus price target down from €5.21 to €4.85. Share price was steady at €1.82 over the past week. Price Target Changed • Dec 05
Price target decreased by 7.4% to €5.01 Down from €5.41, the current price target is an average from 5 analysts. New target price is 168% above last closing price of €1.87. Stock is down 56% over the past year. The company is forecast to post a net loss per share of €0.80 next year compared to a net loss per share of €0.73 last year. Major Estimate Revision • Oct 03
Consensus EPS estimates fall by 25% The consensus outlook for fiscal year 2024 has been updated. 2024 losses of -€0.732 per share expected, vs -€0.587 per share profit forecast previously. Revenue forecast reaffirmed at €27.3m. Professional Services industry in the Netherlands expected to see average net income growth of 9.0% next year. Consensus price target down from €5.41 to €5.21. Share price was steady at €1.88 over the past week. Price Target Changed • Oct 02
Price target decreased by 7.5% to €5.21 Down from €5.63, the current price target is an average from 5 analysts. New target price is 178% above last closing price of €1.87. Stock is down 37% over the past year. The company is forecast to post a net loss per share of €0.59 next year compared to a net loss per share of €0.73 last year. Recent Insider Transactions • Sep 05
Key Executive recently bought €103k worth of stock On the 2nd of September, Edwin Moses bought around 55k shares on-market at roughly €1.88 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Edwin's only on-market trade for the last 12 months. Major Estimate Revision • Sep 01
Consensus EPS estimates upgraded to €0.59 loss, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €28.6m to €27.3m. 2024 losses expected to reduce from -€0.665 to -€0.587 per share. Professional Services industry in the Netherlands expected to see average net income growth of 9.4% next year. Consensus price target down from €5.63 to €5.41. Share price fell 16% to €1.88 over the past week. New Risk • Aug 23
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€115m This is considered a minor 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 Risk Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€115m). Currently unprofitable and not forecast to become profitable over next 2 years (€30m net loss in 2 years). Share price has been volatile over the past 3 months (6.3% average weekly change). Reported Earnings • Aug 23
First half 2024 earnings released: €0.19 loss per share (vs €0.48 loss in 1H 2023) First half 2024 results: €0.19 loss per share (improved from €0.48 loss in 1H 2023). Revenue: €11.3m (up 56% from 1H 2023). Net loss: €12.4m (loss narrowed 33% from 1H 2023). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Professional Services industry in the Netherlands. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. New Risk • Apr 23
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 Dutch stocks, typically moving 7.6% 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 (7.6% average weekly change). Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€28m net loss in 3 years). Significant insider selling over the past 3 months (€85k sold). New Risk • Feb 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 78% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€25m net loss in 3 years). Significant insider selling over the past 3 months (€85k sold). Announcement • Feb 14
Avantium N.V. announced that it has received €4.5 million in funding Avantium N.V. announced a private placement of ordinary shares for the gross proceeds of €4.5 million on February 12, 2024. The transaction will include participation from new investor, SENFI Ventures Company Limited. New Risk • Feb 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings are forecast to decline by an average of 1.9% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€25m net loss in 3 years). Significant insider selling over the past 3 months (€85k sold). Price Target Changed • Feb 09
Price target decreased by 13% to €5.81 Down from €6.67, the current price target is an average from 5 analysts. New target price is 151% above last closing price of €2.32. Stock is down 49% over the past year. The company is forecast to post a net loss per share of €0.82 next year compared to a net loss per share of €0.75 last year. Recent Insider Transactions • Feb 06
CEO & Member of Management Board recently sold €85k worth of stock On the 30th of January, Tom van Aken sold around 30k shares on-market at roughly €2.84 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Tom's only on-market trade for the last 12 months. New Risk • Jan 30
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 Dutch stocks, typically moving 8.8% 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 Less than 1 year of cash runway based on free cash flow trend (-€68m free cash flow). Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (€27m net loss in 3 years). Price Target Changed • Dec 14
Price target decreased by 11% to €6.22 Down from €6.95, the current price target is an average from 4 analysts. New target price is 77% above last closing price of €3.51. Stock is down 4.0% over the past year. The company is forecast to post a net loss per share of €0.86 next year compared to a net loss per share of €0.75 last year. New Risk • Nov 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Dutch stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€68m). Currently unprofitable and not forecast to become profitable over next 3 years (€25m net loss in 3 years). Share price has been volatile over the past 3 months (5.8% average weekly change). Price Target Changed • Sep 18
Price target decreased by 9.7% to €6.67 Down from €7.39, the current price target is an average from 5 analysts. New target price is 105% above last closing price of €3.26. Stock is down 6.6% over the past year. The company is forecast to post a net loss per share of €0.83 next year compared to a net loss per share of €0.75 last year. Major Estimate Revision • Aug 23
Consensus revenue estimates increase by 20%, EPS downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €18.9m to €22.8m. EPS estimate fell from -€0.75 to -€0.832 per share. Professional Services industry in the Netherlands expected to see average net income growth of 6.7% next year. Consensus price target down from €7.39 to €6.95. Share price was steady at €3.26 over the past week. Reported Earnings • Aug 20
First half 2023 earnings released: €0.48 loss per share (vs €0.45 loss in 1H 2022) First half 2023 results: €0.48 loss per share (further deteriorated from €0.45 loss in 1H 2022). Revenue: €7.26m (up 46% from 1H 2022). Net loss: €18.5m (loss widened 13% from 1H 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Professional Services industry in the Netherlands. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Aug 18
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€68m This is considered a minor 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: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€68m). Currently unprofitable and not forecast to become profitable over next 3 years (€25m net loss in 3 years). Major Estimate Revision • May 04
Consensus revenue estimates increase by 16%, EPS downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €17.6m to €20.4m. EPS estimate fell from -€0.652 to -€0.703 per share. Professional Services industry in the Netherlands expected to see average net income growth of 6.6% next year. Consensus price target down from €7.64 to €7.31. Share price was steady at €3.50 over the past week. Price Target Changed • May 03
Price target decreased by 11% to €7.31 Down from €8.19, the current price target is an average from 4 analysts. New target price is 111% above last closing price of €3.46. Stock is up 6.8% over the past year. The company is forecast to post a net loss per share of €0.62 next year compared to a net loss per share of €0.75 last year. Reported Earnings • Mar 24
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: €0.80 loss per share. Revenue: €25.5m (up 133% from FY 2021). Net loss: €29.6m (loss widened 21% from FY 2021). Revenue exceeded analyst estimates by 64%. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Professional Services industry in the Netherlands. Price Target Changed • Aug 24
Price target decreased to €8.19 Down from €9.10, the current price target is an average from 4 analysts. New target price is 127% above last closing price of €3.60. Stock is down 21% over the past year. The company is forecast to post a net loss per share of €0.64 next year compared to a net loss per share of €0.82 last year. Reported Earnings • Aug 19
First half 2022 earnings released: €0.45 loss per share (vs €0.39 loss in 1H 2021) First half 2022 results: €0.45 loss per share (down from €0.39 loss in 1H 2021). Revenue: €8.17m (up 72% from 1H 2021). Net loss: €16.4m (loss widened 50% from 1H 2021). Over the next year, revenue is forecast to grow 29%, compared to a 4.6% growth forecast for the Professional Services industry in the Netherlands. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Price Target Changed • May 25
Price target increased to €9.10 Up from €8.20, the current price target is an average from 5 analysts. New target price is 190% above last closing price of €3.14. Stock is down 34% over the past year. The company is forecast to post a net loss per share of €0.63 next year compared to a net loss per share of €0.82 last year. Major Estimate Revision • Apr 29
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €17.5m to €16.2m. 2022 losses expected to reduce from -€0.73 to -€0.63 per share. Professional Services industry in the Netherlands expected to see average net income growth of 20% next year. Consensus price target down from €8.20 to €7.88. Share price fell 6.4% to €3.45 over the past week. Major Estimate Revision • Apr 20
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -€0.82 to -€0.73 per share. Revenue forecast unchanged from €15.9m at last update. Professional Services industry in the Netherlands expected to see average net income growth of 19% next year. Consensus price target of €8.20 unchanged from last update. Share price fell 13% to €3.95 over the past week. Major Estimate Revision • Apr 07
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €20.2m to €16.1m. EPS estimate unchanged from -€0.82 per share at last update. Professional Services industry in the Netherlands expected to see average net income growth of 22% next year. Consensus price target of €8.20 unchanged from last update. Share price fell 8.6% to €4.67 over the past week. Major Estimate Revision • Mar 30
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €15.4m to €19.0m. EPS estimate fell from -€0.77 to -€0.95 per share. Professional Services industry in the Netherlands expected to see average net income growth of 22% next year. Consensus price target of €8.24 unchanged from last update. Share price rose 8.5% to €5.23 over the past week. Price Target Changed • Feb 01
Price target increased to €8.24 Up from €7.51, the current price target is an average from 4 analysts. New target price is 73% above last closing price of €4.77. Stock is down 21% over the past year. The company is forecast to post a net loss per share of €0.80 next year compared to a net loss per share of €0.88 last year. Price Target Changed • Dec 15
Price target increased to €8.28 Up from €7.60, the current price target is an average from 3 analysts. New target price is 55% above last closing price of €5.35. Stock is down 20% over the past year. The company is forecast to post a net loss per share of €0.98 next year compared to a net loss per share of €0.88 last year. Reported Earnings • Mar 27
Full year 2020 earnings released: €0.88 loss per share (vs €0.91 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: €9.86m (down 29% from FY 2019). Net loss: €22.8m (loss narrowed 3.0% from FY 2019). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Is New 90 Day High Low • Feb 19
New 90-day low: €5.80 The company is down 4.0% from its price of €6.02 on 20 November 2020. The Dutch market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 2.0% over the same period. Is New 90 Day High Low • Nov 27
New 90-day high: €6.78 The company is up 15% from its price of €5.92 on 28 August 2020. The Dutch market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.