New Risk • Nov 02
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2024. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2024 fiscal period end). Shares are highly illiquid. Market cap is less than US$10m (CHF2.88m market cap, or US$3.58m). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (CHF26m net loss in 3 years). Ankündigung • Jun 10
Meyer Burger Technology AG to Report Fiscal Year 2024 Results on Jul 31, 2025 Meyer Burger Technology AG announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on Jul 31, 2025 Ankündigung • May 31
Meyer Burger Technology AG Shuts Down Solar Module Production and Lays Off 282 Employees in the U.S Meyer Burger Technology AG is forced to stop its solar module production in the U.S., which is still ramping up, due to a lack of funds. May 29, 2025, all 282 remaining employees at the Goodyear, AZ, site received their notices of termination. Production with an annual capacity of 1.4 gigawatts was shut down immediately. The future of the site is uncertain. Meyer Burger is still in talks with an Ad hoc group of bondholders about restructuring. This affects two convertible bonds issued by MBT Systems GmbH, guaranteed by Meyer Burger Technology AG, and due in 2027 and 2029. Meyer Burger will provide further information as soon as more details are available. New Risk • May 20
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (CHF8.9m net loss in 3 years). Market cap is less than US$100m (CHF43.4m market cap, or US$52.0m). New Risk • May 13
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: CHF544m Forecast net loss in 3 years: CHF8.9m 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (CHF8.9m net loss in 3 years). Market cap is less than US$100m (CHF43.5m market cap, or US$51.5m). Breakeven Date Change • Apr 28
Forecast breakeven date pushed back to 2026 The 3 analysts covering Meyer Burger Technology previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 49% per year to 2025. The company is expected to make a profit of CHF2.78m in 2026. Average annual earnings growth of 103% is required to achieve expected profit on schedule. Ankündigung • Apr 11
Meyer Burger Technology AG to Report Fiscal Year 2024 Final Results on May 31, 2025 Meyer Burger Technology AG announced that they will report fiscal year 2024 final results at 9:00 AM, Central European Standard Time on May 31, 2025 Breakeven Date Change • Dec 19
Forecast breakeven date moved forward to 2025 The 3 analysts covering Meyer Burger Technology previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 17% to 2024. The company is expected to make a profit of CHF10.9m in 2025. Average annual earnings growth of 109% is required to achieve expected profit on schedule. Ankündigung • Oct 30
Meyer Burger Technology AG to Report First Half, 2024 Results on Oct 31, 2024 Meyer Burger Technology AG announced that they will report first half, 2024 results on Oct 31, 2024 Ankündigung • Jun 27
Meyer Burger Technology AG announced a financing transaction Meyer Burger Technology AG announced that it has secured an investment commitment from an unnamed US industry and technology player on June 25, 2024. The company has signed a commercial agreement and a term sheet with the unspecified group to make a potential investment in its business. Work on binding agreements is underway and is expected to be finalized in the third quarter. New Risk • Apr 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 5x increase in shares outstanding. 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 (30% average weekly change). Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Ankündigung • Apr 03
Meyer Burger Technology AG has completed a Follow-on Equity Offering in the amount of CHF 201.444239 million. Meyer Burger Technology AG has completed a Follow-on Equity Offering in the amount of CHF 201.444239 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 20,144,423,886
Price\Range: CHF 0.01
Transaction Features: Rights Offering Reported Earnings • Mar 15
Full year 2023 earnings released: CHF0.085 loss per share (vs CHF0.025 loss in FY 2022) Full year 2023 results: CHF0.085 loss per share (further deteriorated from CHF0.025 loss in FY 2022). Revenue: CHF135.0m (down 8.3% from FY 2022). Net loss: CHF291.9m (loss widened 318% from FY 2022). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings. Breakeven Date Change • Jan 31
Forecast breakeven date pushed back to 2026 The 8 analysts covering Meyer Burger Technology previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of CHF71.5m in 2026. Average annual earnings growth of 56% is required to achieve expected profit on schedule. Breakeven Date Change • Jan 16
Forecast to breakeven in 2025 The 9 analysts covering Meyer Burger Technology expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CHF98.6m in 2025. Average annual earnings growth of 69% is required to achieve expected profit on schedule. Ankündigung • Jan 16
Meyer Burger Technology AG to Report First Half, 2024 Results on Aug 14, 2024 Meyer Burger Technology AG announced that they will report first half, 2024 results on Aug 14, 2024 Breakeven Date Change • Oct 19
Forecast breakeven date pushed back to 2025 The 9 analysts covering Meyer Burger Technology previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 73% per year to 2024. The company is expected to make a profit of CHF106.3m in 2025. Average annual earnings growth of 74% is required to achieve expected profit on schedule. Reported Earnings • Aug 18
First half 2023 earnings released: CHF0.02 loss per share (vs CHF0.02 loss in 1H 2022) First half 2023 results: CHF0.02 loss per share (in line with 1H 2022). Revenue: CHF96.9m (up 71% from 1H 2022). Net loss: CHF64.8m (loss widened 58% from 1H 2022). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Aug 15
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be CHF0.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 40% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 130% in a year. Earnings is forecast to grow by 30% in the next year. Ankündigung • Jun 13
Meyer Burger Presents New Durable and Toxin-Free Glass-Glass Products at Intersolar Europe Meyer Burger presents new durable and toxin-free glass-glass products at Intersolar Europe . Complete portfolio of Meyer Burger high-performance modules contains no lead and is certified PFAS-free . New frame corners enable self- cleaning effect . In addition to the currently available area-wide inventory portfolio of high-performance solar modules, the trade fair booth will also feature the further developed Meyer Burger Tile and Meyer Burger Slate solar roof tiles, as well as the new IBC and perovskite solar cell technologies. In focus: new toxin-free glass-glass product portfolio The highlight of the trade fair presentation will be the new Meyer Burger glass-glass product portfolio, which will be available on the market in 2024 under the name of Meyer Burger Panel+. The new "Made in Germany" and "Made in USA" modules will be offered in three variants - Black, White and Clear - and feature high performance, improved durability and technology. With optimized glass on the front and back, Meyer Burger combines the advantages of heterojunction cell technology with the durability and quality of glass-glass module technology while maintaining high module performance, appealing aesthetics and consistent light weight. Starting at the fourth quarter of 2023, all Meyer Burger solar modules will be equipped with patented Smart Corners. These innovative frame corners enable self-cleaning of the modules and thus prevent performance losses due to dirt build-up at the module edges. The current module portfolio is available in Europe, the USA and Australia in the product variants Meyer Burger Black, Meyer Burger White and Meyer Burger Glass from more than 50 distributors worldwide and more than 1000 installers registered with Meyer Burger. Insight: module test center meets high requirements In addition to higher yields per area and market-leading durability, Meyer Burger products are characterized as being environmentally safe and eco-friendly. They contain neither lead nor substances of the PFAS group, which are classified as environmentally harmful and difficult to degrade and whose ban is currently being discussed in the EU. Breakeven Date Change • Mar 30
Forecast breakeven date pushed back to 2024 The 9 analysts covering Meyer Burger Technology previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 93% to 2023. The company is expected to make a profit of CHF72.3m in 2024. Average annual earnings growth of 73% is required to achieve expected profit on schedule. Reported Earnings • Mar 24
Full year 2022 earnings released: CHF0.02 loss per share (vs CHF0.039 loss in FY 2021) Full year 2022 results: CHF0.02 loss per share (improved from CHF0.039 loss in FY 2021). Revenue: CHF156.3m (up 292% from FY 2021). Net loss: CHF69.9m (loss narrowed 31% from FY 2021). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 35% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Breakeven Date Change • Mar 21
Forecast breakeven date pushed back to 2024 The 9 analysts covering Meyer Burger Technology previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of CHF80.6m in 2024. Average annual earnings growth of 50% is required to achieve expected profit on schedule. Ankündigung • Jan 11
Meyer Burger Technology AG to Report First Half, 2023 Results on Aug 17, 2023 Meyer Burger Technology AG announced that they will report first half, 2023 results on Aug 17, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Andreas Herzog was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Nov 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be CHF0.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 65% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 311% in a year. Earnings is forecast to grow by 84% in the next year. Ankündigung • Oct 19
Meyer Burger Technology AG to Report Fiscal Year 2022 Results on Mar 23, 2023 Meyer Burger Technology AG announced that they will report fiscal year 2022 results on Mar 23, 2023 Reported Earnings • Aug 20
First half 2022 earnings released: CHF0.02 loss per share (vs CHF0.01 loss in 1H 2021) First half 2022 results: CHF0.02 loss per share (down from CHF0.01 loss in 1H 2021). Revenue: CHF58.2m (up 224% from 1H 2021). Net loss: CHF41.0m (loss widened 10% from 1H 2021). Over the next year, revenue is forecast to grow 309%, compared to a 44% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year. Ankündigung • Aug 03
Meyer Burger Technology AG Provides Production Guidance for the Fiscal Year 2022 and 2023 Meyer Burger Technology AG provided production guidance for the fiscal year 2022 and 2023. For the fiscal year 2022, the company expects production volume of 320-370 MW. For the fiscal year 2023, the company expects production volume of 1.0-1.2 GW. Ankündigung • May 24
Meyer Burger Technology AG, Annual General Meeting, May 04, 2023 Meyer Burger Technology AG, Annual General Meeting, May 04, 2023. Location: KKThun Thun Switzerland Ankündigung • May 05
Meyer Burger Technology AG Appoints Markus Nikles to the Executive Board Meyer Burger Technology AG has appointed Markus Nikles to the Executive Board. He will assume his position on 1 September 2022. Ankündigung • May 04
Meyer Burger Technology AG Appoints Markus Nikles as the New Chief Financial Officer Meyer Burger Technology AG has appointed Markus Nikles to the new Chief Financial Officer (CFO). He will assume his position on 1 September 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Andreas Herzog was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 01
Meyer Burger Technology AG to Report First Half, 2022 Results on Aug 18, 2022 Meyer Burger Technology AG announced that they will report first half, 2022 results on Aug 18, 2022 Ankündigung • Feb 16
Meyer Burger Technology Announces Resignation of Nathalie Benedikt as Chief Financial Officer Meyer Burger Technology announced that Nathalie Benedikt, who was appointed to the Executive Board as Chief Financial Officer (CFO) at the beginning of the year, has requested the termination of her contract due to private reasons. Thus, the internationally experienced CFO is leaving Meyer Burger Technology Ltd. after only a few weeks. The business administration graduate had been appointed as a new member of the Executive Board of Meyer Burger Technology Ltd. as of Jan. 1, 2022, to succeed Jürgen Schiffer as Chief Financial Officer. Nathalie Benedikt will leave the company after the finalization of the 2021 financial statements. Subsequently, her duties will be divided among the management team on an interim basis until the position is filled. Breakeven Date Change • Sep 23
Forecast to breakeven in 2023 The 7 analysts covering Meyer Burger Technology expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CHF44.4m in 2023. Average annual earnings growth of 72% is required to achieve expected profit on schedule. Reported Earnings • Aug 22
First half 2021 earnings released: CHF0.01 loss per share (vs CHF0.05 loss in 1H 2020) The company reported a poor first half result with weaker revenues, weaker control over costs and no improvement to losses. First half 2021 results: Revenue: CHF18.0m (down 65% from 1H 2020). Net loss: CHF37.2m (flat on 1H 2020). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Ankündigung • Jun 17
Meyer Burger Technology AG Provides Revenue Guidance for the Full Year of Fiscal 2023 Meyer Burger Technology AG provided revenue guidance for the full year of fiscal 2023. For the year, the company expects sales of at least CHF 550 million (EUR 500 million) for 2023. Executive Departure • May 08
Non-Executive Director has left the company On the 5th of May, Urs Fahndrich's tenure in the role of Non-Executive Director ended. As of December 2020, Urs personally held 143.71k shares (CHF48k worth at the time). A total of 3 executives have left over the last 12 months. Ankündigung • Mar 12
Meyer Burger Technology AG Announces Urs Fähndrich Will Not Stand for Re-Election Meyer Burger Technology AG announced that at its ordinary meeting on 10 March, Urs Fähndrich informed the Board of Directors that he will not stand for re-election at the upcoming Annual General Meeting on 4 May 2021 for personal reasons. In the last quarter of 2020, he has largely reduced his share positions in Meyer Burger Technology Ltd. Urs Fähndrich was elected to the Board of Directors at the 2020 Annual General Meeting as a representative of Elysium Capital Ltd. and the Teutonia Opportunity Fund to bring in the shareholders' perspective. Is New 90 Day High Low • Feb 14
New 90-day high: CHF0.41 The company is up 33% from its price of CHF0.31 on 13 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 41% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF1.45 per share. Is New 90 Day High Low • Jan 08
New 90-day high: CHF0.40 The company is up 40% from its price of CHF0.28 on 09 October 2020. The British market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF0.36 per share. Is New 90 Day High Low • Nov 13
New 90-day high: CHF0.30 The company is up 98% from its price of CHF0.15 on 14 August 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor 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 CHF0.72 per share. Ankündigung • Sep 28
Meyer Burger Technology AG Announces Chief Financial Officer Changes Jürgen Schiffer is appointed as the new Chief Financial Officer (CFO) of Meyer Burger Technology AG as of October 1, 2020. In this role he succeeds Manfred Häner, who is retiring. In addition to his core competencies in Finance & Controlling, Jürgen Schiffer has gained significant experience as a management consultant and interim manager in dealing with complex turnaround situations. He is familiar with company analyses, the design of quality assurance processes and the development of reporting structures. The responsibilities of the new Chief Financial Officer (CFO) include transforming the existing structures and aligning reporting with Meyer Burger's new business model as a technologically leading manufacturer of solar cells and solar modules. Jürgen Schiffer is already familiar with the solar industry from his previous work for solar companies such as Conergy AG and Q-Cells AG. When he takes up his position on 1 October 2020, he will also become a member of the Executive Board. Schiffer succeeds the current CFO, Manfred Häner, who will soon reach retirement age. He assumed the role of CFO a good two years ago. The Board of Directors thanks Manfred Häner for his great contribution to the transformation process and wishes him all the best for the future. Ankündigung • Jul 23
Meyer Burger Technology AG has completed a Follow-on Equity Offering in the amount of CHF 115.756557 million. Meyer Burger Technology AG has completed a Follow-on Equity Offering in the amount of CHF 115.756557 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 1,286,183,964
Price\Range: CHF 0.09
Transaction Features: Rights Offering 
