Reported Earnings • Jun 12
Full year 2026 earnings released Full year 2026 results: Revenue: €486.9m (up 13% from FY 2025). Net income: €500.0k (down 86% from FY 2025). Profit margin: 0.1% (down from 0.8% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Aerospace & Defense industry in France. New Risk • Jun 12
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (0.1% net profit margin). Announcement • Jun 11
Figeac Aero Société Anonyme Reiterates Earnings Guidance for the Fiscal Year Ending 31 March 2027 and Year Ending 31 March 2028 Figeac Aero Société Anonyme reiterated earnings guidance for the fiscal year ending 31 March 2027 and year ending 31 March 2028. For the fiscal year ending March 31, 2027, the company expects Revenue between EUR 530 million and EUR 560 million.
For the year ending March 31, 2028, the company expects Revenue exceeding EUR 600 million. Announcement • Jan 02
Figeac Aero Société Anonyme Provides Earnings Guidance for the Second Half Ending 31 March 2026 and Reiterates Earnings Guidance for the Fiscal Year Ending 31 March 2026 and Confirms Earnings Guidance for March 2028 Figeac Aero Société Anonyme provided earnings guidance for the second half ending 31 March 2026 and reiterated earnings guidance for the fiscal year ending 31 March 2026 and confirmed earnings guidance for March 2028. The Group expected the second half of the year to contribute more to its full-year revenues, profitability.
The Group reiterated its financial targets for Fiscal Year ending 31 March 2026 revenue between EUR 470 million and EUR 490 million.
The Group confirmed its trajectory out to March 2028 of revenue of over EUR 600 million. Reported Earnings • Dec 14
First half 2026 earnings released First half 2026 results: Revenue: €215.3m (up 7.7% from 1H 2025). Net loss: €17.4m (loss widened 296% from 1H 2025). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Aerospace & Defense industry in France. Price Target Changed • Nov 09
Price target increased by 7.6% to €12.38 Up from €11.50, the current price target is an average from 4 analysts. New target price is 8.6% above last closing price of €11.40. Stock is up 99% over the past year. The company is forecast to post earnings per share of €0.26 for next year compared to €0.087 last year. Announcement • Aug 21
Figeac Aero Société Anonyme, Annual General Meeting, Sep 26, 2025 Figeac Aero Société Anonyme, Annual General Meeting, Sep 26, 2025. Location: z i de l aiguille, figeac France Reported Earnings • Aug 03
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: €0.087 (up from €0.30 loss in FY 2024). Revenue: €432.3m (up 7.5% from FY 2024). Net income: €3.60m (up €15.8m from FY 2024). Profit margin: 0.8% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Aerospace & Defense industry in France. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 11
Price target increased by 9.5% to €11.50 Up from €10.50, the current price target is an average from 4 analysts. New target price is 7.0% above last closing price of €10.75. Stock is up 88% over the past year. Price Target Changed • Jun 27
Price target increased by 8.2% to €11.00 Up from €10.17, the current price target is an average from 3 analysts. New target price is 6.0% below last closing price of €11.70. Stock is up 114% over the past year. Price Target Changed • Jun 16
Price target increased by 9.4% to €10.50 Up from €9.60, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of €10.05. Stock is up 87% over the past year. New Risk • Jun 11
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). New Risk • Apr 08
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 French stocks, typically moving 7.9% 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. This is currently the only risk that has been identified for the company. Price Target Changed • Mar 06
Price target increased by 15% to €9.50 Up from €8.27, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of €9.62. Stock is up 73% over the past year. The company is forecast to post a net loss per share of €0.019 next year compared to a net loss per share of €0.30 last year. Price Target Changed • Feb 12
Price target increased by 13% to €8.27 Up from €7.33, the current price target is an average from 3 analysts. New target price is 6.8% above last closing price of €7.74. Stock is up 37% over the past year. The company is forecast to post earnings per share of €0.03 next year compared to a net loss per share of €0.30 last year. Price Target Changed • Jan 29
Price target increased by 7.0% to €7.63 Up from €7.13, the current price target is an average from 3 analysts. New target price is 14% above last closing price of €6.70. Stock is up 15% over the past year. The company is forecast to post earnings per share of €0.04 next year compared to a net loss per share of €0.30 last year. Reported Earnings • Dec 15
First half 2025 earnings released First half 2025 results: Revenue: €200.0m (up 10% from 1H 2024). Net loss: €4.40m (loss narrowed 17% from 1H 2024). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Aerospace & Defense industry in France. Announcement • Aug 26
Figeac Aero Société Anonyme, Annual General Meeting, Sep 27, 2024 Figeac Aero Société Anonyme, Annual General Meeting, Sep 27, 2024. Location: z i de l aiguille, figeac France Reported Earnings • Jun 28
Full year 2024 earnings released Full year 2024 results: Revenue: €397.2m (up 16% from FY 2023). Net loss: €12.2m (loss narrowed 33% from FY 2023). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Aerospace & Defense industry in France. Price Target Changed • May 15
Price target increased by 12% to €7.53 Up from €6.73, the current price target is an average from 3 analysts. New target price is 14% above last closing price of €6.62. Stock is up 34% over the past year. The company is forecast to post a net loss per share of €0.19 next year compared to a net loss per share of €0.47 last year. Major Estimate Revision • Jan 11
Consensus EPS estimates fall by 13% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -€0.223 to -€0.253 per share. Revenue forecast of €384.4m unchanged since last update. Aerospace & Defense industry in France expected to see average net income growth of 8.6% next year. Consensus price target up from €6.22 to €6.73. Share price rose 13% to €5.78 over the past week. Price Target Changed • Jan 10
Price target increased by 10% to €6.50 Up from €5.90, the current price target is an average from 3 analysts. New target price is 25% above last closing price of €5.22. Stock is down 8.9% over the past year. The company is forecast to post a net loss per share of €0.25 next year compared to a net loss per share of €0.47 last year. Reported Earnings • Dec 15
First half 2024 earnings released First half 2024 results: Revenue: €181.2m (up 21% from 1H 2023). Net loss: €5.30m (loss narrowed 21% from 1H 2023). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Aerospace & Defense industry in France. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Nov 17
Consensus EPS estimates fall by 15%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €377.8m to €381.8m. Forecast EPS reduced from -€0.24 to -€0.277 per share. Aerospace & Defense industry in France expected to see average net income growth of 26% next year. Consensus price target down from €6.13 to €5.97. Share price was steady at €4.10 over the past week. Announcement • Sep 07
Figeac Aero Société Anonyme, Annual General Meeting, Sep 29, 2023 Figeac Aero Société Anonyme, Annual General Meeting, Sep 29, 2023. Reported Earnings • Jul 07
Full year 2023 earnings released Full year 2023 results: Revenue: €341.6m (up 21% from FY 2022). Net loss: €18.1m (loss narrowed 57% from FY 2022). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Aerospace & Defense industry in France. Major Estimate Revision • Mar 07
Consensus EPS estimates fall by 18% The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -€0.429 to -€0.507 per share. Revenue forecast unchanged at €330.0m. Aerospace & Defense industry in France expected to see average net income growth of 3.6% next year. Consensus price target down from €6.37 to €6.13. Share price was steady at €5.46 over the past week. Reported Earnings • Dec 22
First half 2023 earnings released First half 2023 results: Revenue: €150.3m (up 25% from 1H 2022). Net loss: €16.1m (loss narrowed 27% from 1H 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Aerospace & Defense industry in France. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). Independent Director Marie-Line Malaterre was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Sep 28
Now 21% undervalued Over the last 90 days, the stock is up 2.6%. The fair value is estimated to be €6.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 17% in a year. Earnings is forecast to grow by 67% in the next year. Major Estimate Revision • Jul 18
Consensus forecasts updated The consensus outlook for 2023 has been updated. Forecast loss of -€0.37 per share in 2023, versus previous forecasts of €0.03 per share. Revenue forecast unchanged from €329.4m at last update. Aerospace & Defense industry in France expected to see average net income growth of 23% next year. Consensus price target broadly unchanged at €6.20. Share price rose 4.0% to €5.16 over the past week. Breakeven Date Change • Jul 13
Forecast breakeven date pushed back to 2024 The 3 analysts covering Figeac Aero Société Anonyme previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 66% to 2023. The company is expected to make a profit of €10.2m in 2024. Average annual earnings growth of 107% is required to achieve expected profit on schedule. Price Target Changed • Jun 24
Price target decreased to €6.30 Down from €6.83, the current price target is an average from 3 analysts. New target price is 28% above last closing price of €4.92. Stock is down 12% 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 €1.82 last year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). Independent Director Marie-Line Malaterre was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Price Target Changed • Apr 05
Price target increased to €7.20 Up from €6.63, the current price target is an average from 3 analysts. New target price is 32% above last closing price of €5.44. Stock is down 3.4% over the past year. The company is forecast to post a net loss per share of €0.53 next year compared to a net loss per share of €1.82 last year. Reported Earnings • Dec 30
First half 2022 earnings: Revenues exceed analyst expectations First half 2022 results: Revenue: €119.9m (up 27% from 1H 2021). Net loss: €21.9m (loss narrowed 57% from 1H 2021). Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 33%, compared to a 8.1% growth forecast for the industry in France. Reported Earnings • Jul 09
Full year 2021 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: €204.6m (down 54% from FY 2020). Net loss: €57.1m (loss widened 3.0% from FY 2020). Price Target Changed • Jun 01
Price target increased to €5.43 Up from €5.03, the current price target is an average from 3 analysts. New target price is 7.0% below last closing price of €5.84. Stock is up 63% over the past year. Is New 90 Day High Low • Mar 01
New 90-day high: €5.60 The company is up 30% from its price of €4.31 on 01 December 2020. The French market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.60 per share. Is New 90 Day High Low • Feb 08
New 90-day high: €4.67 The company is up 33% from its price of €3.50 on 10 November 2020. The French market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.49 per share. Analyst Estimate Surprise Post Earnings • Jan 18
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) exceeded analyst estimates by 8.5%. Over the next year, revenue is expected to shrink by 18% compared to a 13% decline forecast for the Aerospace & Defense industry in France. Reported Earnings • Jan 16
First half 2021 earnings released: €1.63 loss per share The company reported a poor first half result with increased losses and weaker revenues and control over expenses. First half 2021 results: Revenue: €94.4m (down 58% from 1H 2020). Net loss: €51.1m (loss widened €50.5m from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 126% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings. Price Target Changed • Dec 17
Price target raised to €4.73 Up from €4.23, the current price target is an average from 3 analysts. The new target price is 8.8% above the current share price of €4.35. As of last close, the stock is down 55% over the past year. Is New 90 Day High Low • Nov 16
New 90-day high: €3.72 The company is up 8.0% from its price of €3.44 on 18 August 2020. The French market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.14 per share. Is New 90 Day High Low • Oct 29
New 90-day low: €2.43 The company is down 29% from its price of €3.42 on 30 July 2020. The French market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.14 per share. Is New 90 Day High Low • Sep 22
New 90-day low: €2.83 The company is down 30% from its price of €4.02 on 24 June 2020. The French market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.14 per share.