New Risk • Jun 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 German stocks, typically moving 12% 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 Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (€84.9m market cap, or US$98.9m). Reported Earnings • May 20
First quarter 2026 earnings released: €0.057 loss per share (vs €0.14 loss in 1Q 2025) First quarter 2026 results: €0.057 loss per share (improved from €0.14 loss in 1Q 2025). Revenue: €10.7m (up 29% from 1Q 2025). Net loss: €2.64m (loss narrowed 47% from 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Tech industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 31 percentage points per year, which is a significant difference in performance. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Laura Amadesi was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 26
Eurotech S.p.A. has completed a Follow-on Equity Offering in the amount of €17.490031 million. Eurotech S.p.A. has completed a Follow-on Equity Offering in the amount of €17.490031 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,791,808
Price\Range: €0.833
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,204,628
Price\Range: €0.833
Transaction Features: Rights Offering Ankündigung • Jan 28
Eurotech S.p.A. has filed a Follow-on Equity Offering in the amount of €17.490031 million. Eurotech S.p.A. has filed a Follow-on Equity Offering in the amount of €17.490031 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,996,436
Price\Range: €0.833
Transaction Features: Rights Offering Board Change • Dec 30
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 3 experienced directors. No highly experienced directors. Deputy Chairman Aldo Serafino Fumagalli is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Ankündigung • Sep 02
Eurotech Redefines Edge IoT for Critical Infrastructure with the Launch of the ReliaGATE 15A-12 The Industrial IoT sector is undergoing a rapid evolution, demanding software-defined edge nodes capable of running containerized workloads on cost-effective platforms. This transformation is driven by the need for greater flexibility, reusability, security, and the ability to deploy intelligent applications directly at the edge: where data is generated. In response to this industry shift, Eurotech introduces the ReliaGATE 15A-12, a rugged IoT gateway based on the Arm®? compute platform, designed to bridge the gap between embedded legacy systems and cloud-native edge computing. The ReliaGATE15A-12 reflects Eurotech's product strategy to enable real-world digitalization in regulated, mission-critical industries such as water infrastructure, energy, manufacturing, and smart transportation. Its secure-by-design architecture -- featuring secure boot, TPM 2.0, tamper detection, and OTA updates -- ensures robustness and compliance, while its flexibility supports long-term innovation in the field. Among its first real-world applications, the ReliaGATE 15 A-12 is already supporting the digitalization of water infrastructure, enabling remote monitoring, connected system visibility, and data-driven insights that strengthen sustainability and resilience. Ankündigung • Dec 19
Eurotech Introduces Everyware GreenEdge Eurotech introduced Everyware GreenEdge - a software solution designed to address typical challenges that occur during the onboarding and management of Edge Internet of Things (IoT) devices at scale. These challenges include time-consuming errors, security vulnerabilities, inconsistent data, and ultimately, unmanageable IoT devices with insecure credentials. With Everyware GreenEdge, customers can effortlessly enroll edge devices with just a few clicks and establish connection to Amazon Web Services (AWS), unlocking access to the full suite of AWS services, including AWS IoT Analytics. Everyware GreenEdge merges the functionality of AWS IoT Greengrass and Eurotech's Everyware Software Framework (ESF), and leverages capabilities of Eurotech's Everyware Cloud (EC) for remote device management. A key feature of this solution is Eurotech's innovative Zero-Touch-Provisioning (ZTP). With ZTP, once the device gets connected, it automatically handles the download of necessary certificates and initiates the preconfigured setup, reducing the once error-prone and time-consuming process from several hours to just a few minutes, requiring only minimal skills by the installer. Moreover, the user interface provided by Everyware GreenEdge covers everything from hardware integration to communication with diverse devices and sensors, enabling both field protocol support and access to AWS services to build comprehensive applications. Configuration is made intuitive with simplified administration tools, eliminating the need for extensive coding and transforming the setup process into a smooth workflow. In addition to its technical advantages, Everyware GreenEdge comes with a unified billing system for all software and services related costs in Amazon Marketplace. This streamlines the procurement process, making it easier for customers to access and manage the solution while also benefiting from AWS's trusted billing infrastructure. Everyware GreenEdge will be offered across Eurotech's Edge portfolio starting with the ReliaGATE 10-14, making it the industry's first gateway to feature this solution, designed with security in mind, and certified to meet PSA Level 1, ISA/IEC 62443-4-2 standards. With Everyware GreenEdge, this device evolves into an all-in-one solution, facilitating seamless access-to-AWS configuration, accelerating deployment, and ensuring industrial-grade security and data integrity. Reported Earnings • Nov 18
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: €25.1m (up 46% from 3Q 2021). Net income: €521.0k (up €1.65m from 3Q 2021). Profit margin: 2.1% (up from net loss in 3Q 2021). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Tech industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 3 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Lead Independent Non-Executive Director Chiara Mio is the most experienced director on the board, commencing their role in 2008. Non-Executive Independent Director Laura Rovizzi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Ankündigung • Sep 14
Eurotech S.p.A. (BIT:ETH) acquired Inonet Computer GmbH from Inonet Gmbh for €10.3 million. Eurotech S.p.A. (BIT:ETH) acquired Inonet Computer GmbH from Inonet Gmbh for €10.3 million on September 12, 2022. The consideration is paid in cash for €9.5 million and earnout of maximum 0.3 million Eurotech shares, to be paid depending on the achievement until the year 2024 of specific targets for organic growth, implementation of synergies and retention of identified key figures. The cash amount of the acquisition consideration was paid in full using the Eurotech Group’s cash and cash equivalents. The implied multiple of the transaction is 0.6x with respect to sales and 14.3x with respect to EBITDA. For fiscal year 2021, ending March 31, 2022, revenue is €15.2 and EBITDA is €0.4 million.
Eurotech S.p.A. (BIT:ETH) completed the acquisition of Inonet Computer GmbH from Inonet Gmbh on September 12, 2022. Reported Earnings • Sep 07
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: €17.5m (up 26% from 2Q 2021). Net loss: €1.88m (loss narrowed 34% from 2Q 2021). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Tech industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Ankündigung • Jul 29
Eurotech's Edge Gateway Achieves Arm SystemReady Certification Eurotech announced its Edge Gateway, ReliaGATE 10-14 has achieved Arm® SystemReady IR certification. Edge or IoT projects often get stalled due to the hardware and software used in the deployment failing to integrate successfully. Arm SystemReady IR compliance addresses this problem by enabling the seamless deployment of multiple leading operating systems for edge devices such as Eurotech's Industrial IoT (IIoT) gateways. ReliaGATE 10-14 is an Industrial IoT (IIoT) Edge Gateway that enables industrial assets in rugged environments to communicate effectively with the cloud, enabling Industry 4.0 applications such as predictive maintenance and real-time monitoring to optimize production. Featuring Eurotech's IoT Edge Framework Everyware Software Framework (ESF), the ReliaGATE 10-14 enables the seamless integration of field data, edge processing, and delivery to the cloud. In addition to achieving Arm SystemReady IR compliance, Eurotech recently announced the solution had also achieved PSA Level 1 Certification, a standard originally created by Arm, providing a framework for connected gateways and devices that ensures best practice IoT security have been applied. Building on the PSA Level 1 Certification, the ReliaGATE 10-14 with its entire software stack also has passed IEC 62443-4-2 certification successfully. Reported Earnings • May 14
First quarter 2022 earnings released First quarter 2022 results: Revenue: €17.4m (up 35% from 1Q 2021). Net loss: €2.38m (loss narrowed 19% from 1Q 2021). Over the next year, revenue is forecast to grow 39%, compared to a 8.0% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent There are 10 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 10 new directors. 1 experienced director. 1 highly experienced director. 3 independent directors (6 non-independent directors). Lead Independent Director Chiara Mio is the most experienced director on the board, commencing their role in 2008. Independent Director Laura Rovizzi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 17
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: €0.29 loss per share (down from €0.004 profit in FY 2020). Revenue: €63.1m (down 9.0% from FY 2020). Net loss: €10.4m (down €10.5m from profit in FY 2020). Revenue missed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 58%, compared to a 5.0% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 16
Third quarter 2021 earnings released The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €17.2m (up 5.1% from 3Q 2020). Net loss: €1.13m (down €1.22m from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • Sep 04
Second quarter 2021 earnings released The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: €13.9m (down 16% from 2Q 2020). Net loss: €2.83m (down €2.90m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Reported Earnings • May 16
First quarter 2021 earnings released The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: €12.9m (down 35% from 1Q 2020). Net loss: €2.93m (down €3.44m from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 05
Full year 2020 earnings released: EPS €0.004 (vs €0.55 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €69.4m (down 32% from FY 2019). Net income: €132.0k (down 99% from FY 2019). Profit margin: 0.2% (down from 19% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 17
Full year 2020 earnings released: EPS €0.004 (vs €0.55 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €69.3m (down 33% from FY 2019). Net income: €132.0k (down 99% from FY 2019). Profit margin: 0.2% (down from 19% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Dec 23
New 90-day high: €5.26 The company is up 38% from its price of €3.81 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 22% over the same period. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 18% share price gain to €5.05, the stock is trading at a trailing P/E ratio of 22.1x, up from the previous P/E ratio of 18.8x. This compares to an average P/E of 22x in the Tech industry in Europe. Total returns to shareholders over the past three years are 289%. Is New 90 Day High Low • Dec 02
New 90-day high: €4.89 The company is up 13% from its price of €4.31 on 03 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Tech industry, which is up 14% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: €3.11 The company is down 32% from its price of €4.58 on 04 August 2020. The German market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 10.0% over the same period. Ankündigung • Sep 08
Emera S.R.L. cancelled the acquisition of a stake of 11.08% in Eurotech S.p.A. from Leonardo S.p.a. (BIT:LDO). Emera S.R.L. agreed to acquire a stake of 11.08% in Eurotech S.p.A. from Leonardo S.p.a. (BIT:LDO) for €18 million on August 2, 2019. Leonardo will sell it's entire current stake in Eurotech at a price of €4.58 per share for a total consideration of €18 million and it currently holds approximately 3.936 million shares in Eurotech. The transaction is expected to close on August 5, 2019.
Emera S.R.L. cancelled the acquisition of a stake of 11.08% in Eurotech S.p.A. from Leonardo S.p.a. (BIT:LDO) on August 2, 2020. 