New Risk • May 07
New major risk - Revenue and earnings growth Earnings have declined by 26% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 (21% average weekly change). Earnings have declined by 26% per year over the past 5 years. Market cap is less than US$10m (€3.55m market cap, or US$4.17m). Anuncio • Nov 13
Immersion SA, Annual General Meeting, Dec 15, 2025 Immersion SA, Annual General Meeting, Dec 15, 2025. Location: 3 rue raymond lavigne, bordeaux France Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €1.47, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 24x in the Software industry in France. Total loss to shareholders of 70% over the past three years. New Risk • Oct 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 French stocks, typically moving 11% 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 (11% average weekly change). Market cap is less than US$10m (€1.56m market cap, or US$1.82m). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment deteriorates as stock falls 35% After last week's 35% share price decline to €1.23, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 26x in the Software industry in France. Total loss to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €1.89, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 26x in the Software industry in France. Total loss to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.73, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 26x in the Software industry in France. Total loss to shareholders of 61% over the past three years. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €1.77, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 25x in the Software industry in France. Total loss to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.95, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 23x in the Software industry in France. Total loss to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €1.53, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 25x in the Software industry in France. Total loss to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €1.47, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 24x in the Software industry in France. Total loss to shareholders of 70% over the past three years. Anuncio • Feb 05
Immersion SA, Annual General Meeting, Mar 10, 2025 Immersion SA, Annual General Meeting, Mar 10, 2025. Location: 3 rue raymond lavigne, bordeaux France 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 French stocks, typically moving 9.9% 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 (9.9% average weekly change). Market cap is less than US$10m (€2.42m market cap, or US$2.52m). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.93, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 23x in the Software industry in France. Total loss to shareholders of 74% over the past three years. Reported Earnings • Nov 26
Full year 2024 earnings released Full year 2024 results: Revenue: €8.26m (up 23% from FY 2023). Net income: €80.2k (up 121% from FY 2023). Profit margin: 1.0% (up from 0.5% in FY 2023). New Risk • Nov 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Market cap is less than US$10m (€2.46m market cap, or US$2.59m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). New Risk • Nov 08
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 French stocks, typically moving 9.5% 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 (9.5% average weekly change). Market cap is less than US$10m (€2.18m market cap, or US$2.34m). Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €1.80, the stock trades at a trailing P/E ratio of 62.9x. Average trailing P/E is 56x in the Software industry in France. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to €1.82, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 43x in the Software industry in France. Total returns to shareholders of 1.7% over the past three years. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €2.40, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 39x in the Software industry in France. Total returns to shareholders of 9.1% over the past three years. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to €2.32, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 31x in the Software industry in France. Total returns to shareholders of 5.5% over the past three years. Reported Earnings • May 03
First half 2023 earnings released First half 2023 results: Revenue: €3.34m (up 39% from 1H 2022). Net loss: €160.0k (loss narrowed 31% from 1H 2022). Valuation Update With 7 Day Price Move • May 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €2.90, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 36x in the Software industry in France. Total returns to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €3.53, the stock trades at a trailing P/E ratio of 71.3x. Average trailing P/E is 43x in the Software industry in France. Total returns to shareholders of 215% over the past three years. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €3.30, the stock trades at a trailing P/E ratio of 66.6x. Average trailing P/E is 36x in the Software industry in France. Total returns to shareholders of 259% over the past three years. Board Change • Nov 16
No independent directors 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. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 26
Full year 2022 earnings released Full year 2022 results: Revenue: €5.45m (down 6.0% from FY 2021). Net income: €60.0k (down 90% from FY 2021). Profit margin: 1.1% (down from 10% in FY 2021). The decrease in margin was primarily driven by lower revenue. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 22% share price gain to €5.80, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 36x in the Software industry in France. Total returns to shareholders of 346% over the past three years. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 20% share price gain to €5.44, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 35x in the Software industry in France. Total returns to shareholders of 540% over the past three years. Reported Earnings • Apr 27
First half 2022 earnings released: €0.18 loss per share (vs €0.10 profit in 1H 2021) First half 2022 results: €0.18 loss per share (down from €0.10 profit in 1H 2021). Revenue: €2.41m (down 28% from 1H 2021). Net loss: €231.2k (down 277% from profit in 1H 2021). 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 72% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
No independent directors 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. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 23
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €130.8k from profit in 1H 2021). Profit margin: (down from 3.9% in 1H 2021). Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 41% share price gain to €6.48, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 42x in the Software industry in France. Total returns to shareholders of 431% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €5.00, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 40x in the Software industry in France. Total returns to shareholders of 116% over the past three years. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €6.00, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 39x in the Software industry in France. Total returns to shareholders of 92% over the past three years. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment deteriorated over the past week After last week's 33% share price decline to €6.00, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 40x in the Software industry in France. Total returns to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improved over the past week After last week's 33% share price gain to €1.87, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 43x in the Software industry in France. Total loss to shareholders of 47% over the past three years. Reported Earnings • Oct 23
Full year 2021 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €5.80m (up 5.0% from FY 2020). Net income: €600.0k (up €926.1k from FY 2020). Profit margin: 10% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Valuation Update With 7 Day Price Move • May 03
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €1.63, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 55x in the Software industry in France. Total loss to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €1.50, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 56x in the Software industry in France. Total loss to shareholders of 68% over the past three years. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorated over the past week After last week's 21% share price decline to €1.41, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 58x in the Software industry in France. Total loss to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 18% share price gain to €1.79, the stock is trading at a trailing P/E ratio of 20.6x, up from the previous P/E ratio of 17.5x. This compares to an average P/E of 64x in the Software industry in France. Total return to shareholders over the past three years is a loss of 73%. Is New 90 Day High Low • Feb 25
New 90-day low: €1.46 The company is down 30% from its price of €2.10 on 27 November 2020. The French market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 15% over the same period. Is New 90 Day High Low • Feb 03
New 90-day low: €1.75 The company is down 1.0% from its price of €1.76 on 04 November 2020. The French market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 25% share price gain to €2.20, the stock is trading at a trailing P/E ratio of 25.3x, up from the previous P/E ratio of 20.3x. This compares to an average P/E of 67x in the Software industry in France. Total return to shareholders over the past three years is a loss of 77%. Is New 90 Day High Low • Nov 05
New 90-day low: €1.76 The company is down 28% from its price of €2.44 on 04 August 2020. The French market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 3.0% over the same period. Valuation Update With 7 Day Price Move • Oct 14
Market bids up stock over the past week After last week's 25% share price gain to €2.38, the stock is trading at a trailing P/E ratio of 27.4x, up from the previous P/E ratio of 22x. This compares to an average P/E of 65x in the Software industry in France. Total return to shareholders over the past three years is a loss of 76%. Is New 90 Day High Low • Oct 02
New 90-day low: €1.79 The company is down 19% from its price of €2.20 on 03 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 Software industry, which is up 4.0% over the same period.