Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Johan Hammaren was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 29
Tecnotree Oyj Provides Earnings Guidance for 2026 Tecnotree Oyj provided earnings guidance for 2026. For the period, revenue is expected to grow by low to mid single-digit percentage in constant currency terms. Annonce • Jan 12
Tecnotree Oyj to Report Fiscal Year 2025 Final Results on Mar 09, 2026 Tecnotree Oyj announced that they will report fiscal year 2025 final results at 10:00 AM, USSR Zone1 on Mar 09, 2026 Annonce • Oct 28
Tecnotree Corporation Reiterates Earnings Guidance for the Full Year 2025 Tecnotree Corporation reiterated earnings guidance for the full year 2025. For the year, the company reiterates Net sales growth in constant currency of low-to-high single digit. Annonce • Apr 10
Tecnotree Oyj Approves the Appointment of Investment & Strategy Committee Members The Board of Directors of Tecnotree Corporation elected on 9 April 2025 at the Annual General Meeting has held an organizing meeting. Investment & Strategy Committee: Neil Macleod (Chairman), Jyoti Desai and Conrad Neil Phoenix. Annonce • Apr 07
Tecnotree Corporation Approves Dividend for the Financial Year 2024, Payable on 12 May 2025 Tecnotree Corporation at its AGM held on April 7, 2025, approved a dividend of EUR 0.01 per share is paid for the financial year 2024. The dividend is paid to a shareholder who is registered in the shareholders' register of the company held by Euroclear Finland Oy on the record date of the payment, i.e. 2 May 2025. The company will pay the dividend on 12 May 2025. Annonce • Mar 14
Tecnotree Corporation Proposes Dividend for the Financial Year 2024, Payable on 12 May 2025 The Board of Directors of Tecnotree Corporation proposed to the Annual General Meeting that a dividend of EUR 0.01 per share be paid for the financial year 2024. The dividend shall be paid to a shareholder who is registered in the shareholders' register of the Company held by Euroclear Finland Oy on the record date of the payment, i.e. 2 May 2025. The Board of Directors proposes that the Company shall pay the dividend on 12 May 2025. Annonce • Feb 26
Tecnotree Corporation Provides Earnings Guidance for the Year 2025 Tecnotree Corporation provided earnings guidance for the year 2025. For the year, Net sales are expected to grow by low to mid-single digit percentage in constant currency terms. Operating profit margin expected to see margin expansion of at least +200bp (2%). Annonce • Jan 11
Tecnotree Oyj to Report Q4, 2024 Final Results between Mar 10, 2025 and Mar 14, 2025 Tecnotree Oyj announced that they will report Q4, 2024 final results between Mar 10, 2025 and Mar 14, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: €0.24 (vs €0.22 in 3Q 2023) Third quarter 2024 results: EPS: €0.24 (up from €0.22 in 3Q 2023). Revenue: €19.0m (down 11% from 3Q 2023). Net income: €3.70m (up 16% from 3Q 2023). Profit margin: 20% (up from 15% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings. Annonce • Sep 16
Tecnotree Oyj Announces Dividend, Payable on 1 October 2024 The Board of Directors of Tecnotree by the Annual General Meeting dated 15 April 2024, Tecnotree would like to announced that the company's Board has passed the following resolutions on 16 September 2024 with respect to payment of dividends: The Board resolved to distribute a dividend of EUR 0.01 per share and the amount of dividend to be paid from the Company's retained earnings account will be a maximum of EUR 170,000. The dividend record date will be 24 September 2024, and the dividend will be paid on 1 October 2024. The actual dividend payment date outside Finland will be determined by the practices of the intermediary banks transferring the dividend payments. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €3.21, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 17x in the Software industry in Germany. Total loss to shareholders of 88% over the past three years. Annonce • Sep 06
Tecnotree Oyj Updates Dividend Policy Tecnotree Oyj updated its dividend distribution policy to distribute 10% of its free cash flow as dividends. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €4.12, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 16x in the Software industry in Germany. Total loss to shareholders of 87% over the past three years. Reported Earnings • Aug 11
Second quarter 2024 earnings released: EPS: €0.12 (vs €0.23 in 2Q 2023) Second quarter 2024 results: EPS: €0.12 (down from €0.23 in 2Q 2023). Revenue: €18.7m (down 3.1% from 2Q 2023). Net income: €3.70m (flat on 2Q 2023). Profit margin: 20% (in line with 2Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. New Risk • Jul 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor 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 (13% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risks Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Significant insider selling over the past 3 months (€59k sold). Market cap is less than US$100m (€80.9m market cap, or US$87.3m). Recent Insider Transactions • May 12
Insider recently sold €59k worth of stock On the 8th of May, Ramaseshan Subramanian sold around 11k shares on-market at roughly €5.39 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €167k more than they bought in the last 12 months. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: €0.01 (vs €0.11 in 1Q 2023) First quarter 2024 results: EPS: €0.01 (down from €0.11 in 1Q 2023). Revenue: €16.3m (up 5.2% from 1Q 2023). Net income: €1.60m (down 11% from 1Q 2023). Profit margin: 9.8% (down from 12% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Annonce • Apr 16
Tecnotree Corporation Resolves to Establish Strategy Committee Tecnotree Corporation at its AGM held on 15 April 2024 resolved to establish Strategy Committee. The members of the Committees were elected as follows: Strategy Committee: Jyoti Desai (Chairman), Anders Fornander and Johan Hammarén. The composition of an Audit Committee, a Remuneration Committee and a Nomination Committee are as follows: Audit Committee: Johan Hammarén (Chairman), Neil Macleod and Jyoti Desai. Remuneration Committee: Jyoti Desai (Chairman), Anders Fornander and Neil Macleod. Nomination Committee: Jyoti Desai (Chairman), Conrad Neil Phoenix, Neil Macleod and Johan Hammarén. Annonce • Mar 24
Tecnotree Corporation Proposes Dividend for the Year 2023 Tecnotree Corporation's Board of Directors has decided to amend its dividend proposal included in the financial report release published on 22 February 2024 for the Annual General Meeting to be held on 15 April 2024. According to the previous dividend proposal, the Board of Directors proposes to the Annual General Meeting that no dividend will be paid for the financial year 2023. According to the new proposal, the Board of Directors proposed to the Annual General Meeting that the Board of Directors is authorized to decide, in its discretion, on the distribution of an aggregate maximum of EUR 350,000 as dividends from the financial year 2023. The aforesaid dividend proposal is conditional on the Annual General Meeting deciding that the Company carries out a reverse share split to the effect that each twenty (20) current shares of the Company are merged into one (1) share as proposed by the Board of Directors. Should the Annual General Meeting decide on the reverse share split pursuant to the aforesaid proposal, the maximum amount of dividends that can be distributed on the basis of the aforesaid dividend authorization is EUR 0.01 per share (post 20:1 reverse share split). Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: €0.04 (vs €0.037 in FY 2022) Full year 2023 results: EPS: €0.04. Revenue: €78.6m (up 9.8% from FY 2022). Net income: €11.2m (down 3.2% from FY 2022). Profit margin: 14% (down from 16% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. New Risk • Feb 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €92.0m (US$98.6m) 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 High level of non-cash earnings (36% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Significant insider selling over the past 3 months (€64k sold). Market cap is less than US$100m (€92.0m market cap, or US$98.6m). Board Change • Dec 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Anders Fornander 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. New Risk • Dec 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €92.2m (US$99.2m) 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 High level of non-cash earnings (36% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (€92.2m market cap, or US$99.2m). Annonce • Dec 08
Tecnotree Corporation Announces Resignation of Markku Wilenius from the Board of Directors Markku Wilenius has resigned from the Board of Directors of Tecnotree Corporation. The resignation will be effective immediately. Annonce • Oct 29
Tecnotree Corporation Revises Earnings Guidance for the Year 2023 Tecnotree Corporation revised earnings guidance for the year 2023. For the year, the company expects revenue to be higher by 9% to 13% against earlier guidance of 7% to 15%, compared to 2022. Operating profit (EBIT) to be higher by 15% to 20% against earlier guidance of 10% to 20%, compared to 2022. New Risk • Oct 27
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 36% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: €0.01 (vs €0.01 in 3Q 2022) Third quarter 2023 results: EPS: €0.01 (in line with 3Q 2022). Revenue: €21.6m (up 8.5% from 3Q 2022). Net income: €3.20m (down 5.9% from 3Q 2022). Profit margin: 15% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 17% per year. New Risk • Oct 25
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 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. This is currently the only risk that has been identified for the company. New Risk • Aug 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor 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: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Reported Earnings • Aug 07
Second quarter 2023 earnings released: EPS: €0.012 (vs €0.013 in 2Q 2022) Second quarter 2023 results: EPS: €0.012 (down from €0.013 in 2Q 2022). Revenue: €19.3m (up 5.5% from 2Q 2022). Net income: €3.70m (down 7.5% from 2Q 2022). Profit margin: 19% (down from 22% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Annonce • Aug 05
Tecnotree Corporation Provides Earnings Guidance for the Year 2023 Tecnotree Corporation provided earnings guidance for the year 2023. For the year, the company maintains its current guidance: revenue to be higher by 7%-15% compared to 2022; operating profit (EBIT) to be higher by 10%-20% compared to 2022. Recent Insider Transactions • May 15
Insider recently sold €131k worth of stock On the 11th of May, Sajan Thomas sold around 295k shares on-market at roughly €0.44 per share. This transaction amounted to 73% 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 the only on-market transaction from insiders over the last 12 months. Reported Earnings • Mar 28
Full year 2022 earnings released: EPS: €0.037 (vs €0.062 in FY 2021) Full year 2022 results: EPS: €0.037 (down from €0.062 in FY 2021). Revenue: €71.6m (up 12% from FY 2021). Net income: €11.6m (down 37% from FY 2021). Profit margin: 16% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 26
Full year 2022 earnings released: EPS: €0.04 (vs €0.062 in FY 2021) Full year 2022 results: EPS: €0.04 (down from €0.062 in FY 2021). Revenue: €71.7m (up 12% from FY 2021). Net income: €11.6m (down 37% from FY 2021). Profit margin: 16% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jan 26
Tecnotree Announces the Launch of Sensa, for Human Intelligent Experience and Non-Linear Scalability Tecnotree announced the launch of Tecnotree Sensa. Tecnotree Sensa is a new AI-enabled technology that cuts across the Tecnotree portfolio to enable the creation of composable blueprints that will humanize platforms for intelligent experiences across Telecommunications, Healthcare, Financial Inclusion and Entertainment. The Sensa Intelligent Experience Platform will transform telecommunication service providers from enablers to orchestrators of network dependant ecosystems for 5G monetisation, keeping human sentiments in mind. With the fast-paced technological advancements in AR & VR applications, 5G connectivity, and AI enabled personalization, digital experiences will soon move from screen-based to sense-based technologies. Tecnotree Sensa is inspired by the fact that humans are sensory creatures and human senses are a large part of who are and how their function. Sensa-lead approach can enable telecom products to become more emotionally connected to customers simplifying digital complexities that influence of the senses. Humanized digital experiences have a better chance of connecting with users and making lasting connections with customers, therefore Sensa will provide intelligent customer experiences, personalized through the transparent and secure use of data. Tecnotree Sensa has digital transformation and adoption capabilities that integrate AI engineering 5G Experiences on the Cloud, with Ecosystem Monetisation on Tecnotree Moments and Platform thinking. Tecnotree Sensa comes pre-built with Industry specific AI/ML blueprints that will serve industry verticals such as healthcare, education, sports, financial services, entertainment, gaming, and reality. Tecnotree Sensa Intelligence creates humanised digital offerings on top of Tecnotree’s digital stack, Moments B2B2X ecosystem monetisation platform and Tecnotree DiWa for digital financial services, that will ‘sell, serve, care, assure, monetise, partner’ and much more. The new technology will leverage world-class AI engineering to create customer trust and transparency, enabling Tecnotree products to develop the most advanced & intuitive skills that empower customers to make personalized choices. Annonce • Dec 23
Tecnotree Announces Simultaneous Production Launch of Digital Stack for 5 Provider Groups Tecnotree announced the simultaneous rollout of their digital BSS solutions for telecom service providers across Middle East, Africa, and Europe with a combined total of over 100 million subscribers. The rollout was part of the customers’ large-scale digital BSS transformation with Tecnotree Digital Suite for enterprise-B2B and consumer-B2C businesses for some of the operator groups like MTN, STC, Zain Group, Omantel and a Provider in Western Europe. Tecnotree’s 5G-Ready Digital suite implementation provides customers with a differentiated product and service offerings built on TMF Open API, ODA compliant Microservices driven architecture with cutting edge technologies to digitally enabled customers to create a market differentiator and provide a new age experience to the end subscribers. The program involves transforming the customers’ legacy business processes, products, services, and customer experience with a consultative and advisory-led approach to provide a refreshing new-age digital experience. The full digital stack deployment includes Lead & Prospect, Customer Life Cycle Management, Catalog driven Order Management, Resource & Inventory Management, Loyalty Management, Service Provisioning, and Mediation, Convergent and Wholesale Billing, Business Operations Dashboard, and Call Completion systems providing end-to-end digital Customer Experience. Tecnotree’s 5G-ready digital BSS suite with AI/ML capabilities comprises a full range of business processes with a product catalogue driven customer engagement of digital journeys and microservices, that support customer lifecycle and revenue management. Tecnotree has an agile and open-source Digital BSS Stack which is cloud-native, Open Digital Architecture (ODA) compliant, and platinum certified by TM Forum for real-world Open API implementation standards. Annonce • Dec 14
Tecnotree Oyj (HLSE:TEM1V) acquired Truststar, Cortex, Certfai platforms with their IP and all patents of CognitiveScale Inc. Tecnotree Oyj (HLSE:TEM1V) agreed to acquire Truststar, Cortex, Certfai platforms with their IP and all patents of CognitiveScale Inc. on December 9, 2022. Tecnotree Oyj concluded an Asset Purchase Agreement to acquire Truststar, Cortex, Certfai platforms with their IP and all patents of CognitiveScale Inc. for $6 million on December 11, 2022. Tecnotree will acquire the assets for a cash price of $0.6 million. The transaction included the assumption of debt that was secured against CognitiveScale Inc., patents and IP. The value of these debts assumed by Tecnotree Oyj including the cost of interest is valued at $5.4 million. The parties expect to conclude the potential transaction within 2022 subject to completion of conditions precedent to closing a binding agreement which includes corporate, governmental and contractual approvals. Tecnotree expects to see an increase of ARR of $5 million during 2023 due to this transaction.
Tecnotree Oyj (HLSE:TEM1V) acquired Truststar, Cortex, Certfai platforms with their IP and all patents of CognitiveScale Inc. on December 13, 2022. Reported Earnings • Oct 22
Third quarter 2022 earnings released: EPS: €0.01 (vs €0.02 in 3Q 2021) Third quarter 2022 results: EPS: €0.01 (down from €0.02 in 3Q 2021). Revenue: €19.9m (up 9.3% from 3Q 2021). Net income: €3.40m (down 37% from 3Q 2021). Profit margin: 17% (down from 30% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 82% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 22
Tecnotree Corporation Reaffirms Earnings Guidance for the Second Half of 2022 and Full Year 2022 Tecnotree Corporation reaffirmed earnings guidance for the second half of 2022 and full year 2022. In the second half of 2022, the company expects its revenue to be higher compared to the first half of 2022.The company’s full year revenue in 2022 is expected to be 5% to 10% higher compared to 2021 and the full year EBIT in 2022 is expected to be lower compared to 2021. The lower EBIT is on account of the business requirement to fulfil the high order book, investments in new initiatives (Tecnotree Moments, Fintech and SaaS) coupled with headwinds caused by high inflation and adverse currency movement. Annonce • Sep 14
Tecnotree Corporation Announces Resignation of Priyesh Ranjan as Member of the Management Board Tecnotree Corporation announced that Priyesh Ranjan, the Chief Financial Officer of Tecnotree Corporation and a member of the Management Board", has decided to step down to pursue an alternate career trajectory. Priyesh Ranjan will continue to be with the Company till the end of 2022 and will ensure a smooth transition. Annonce • Sep 13
Tecnotree Appoints Indiresh Vivekananda as Chief Financial Officer Tecnotree announced Indiresh Vivekananda as its new Chief Financial Officer and a member of the Management Board", Indiresh brings over 30+ years of experience as a finance executive, having worked with Yahoo Inc, BPL, LICHFL, Tecnotree Corporation and Cloudera. believe that he has the relevant financial experience in telecommunications, ecommerce, cloud and the financial sector that is needed to lead Tecnotree into its next phase of growth. He is a qualified chartered accountant. Indiresh will join Tecnotree in the first week of October 2022. Priyesh Ranjan, the Chief Financial Officer of Tecnotree Corporation and a member of the Management Board", has decided to step down to pursue an alternate career trajectory. Priyesh Ranjan will continue to be with the Company till the end of 2022 and will ensure a smooth transition. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: €0.01 (vs €0.02 in 2Q 2021) Second quarter 2022 results: EPS: €0.01 (down from €0.02 in 2Q 2021). Revenue: €18.3m (up 9.6% from 2Q 2021). Net income: €4.00m (down 25% from 2Q 2021). Profit margin: 22% (down from 32% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 22%, compared to a 7.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 128% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Aug 04
Tecnotree Corporation Provides Earning Guidance for Second Half and Full Year of 2022 Tecnotree Corporation Provided Earning Guidance for Second Half and full year of 2022. For the half, company expects its revenue to be higher compared to the first half of 2022. The full year revenue in 2022 is expected to be 5 to 10% higher compared to 2021 and the full year EBIT in 2022 is expected to be lower compared to 2021. Annonce • Jul 27
Tecnotree Announces the Successful Go-Live of Its Digital Service Provisioning Platform for Zain, Ahead of Time Tecnotree announced the go-live of its Digital Service Provisioning System (DSPS), with Zain South Sudan. The successful go-live marked another global footprint for Tecnotree DSPS this year in the African market. The solution replaced an existing provisioning system, and allows the operator to leverage the 5G Cloud Native platform to meet their current and future market requirements. The platform will also enable the operator to scale up or down rapidly in response to changes in demand. Tecnotree DSPS is a pre-integrated suite that processes business service logic towards the network, enabling a centralized system for all provisioning-related planning and task management. The product has been designed to provide rapid and highly automated activation and provisioning along with digital services. Tecnotree DSPS platform provides a foundation for operators and Digital Service Providers to launch new services faster, with greater agility and resource efficiency. The solution makes it easier to plan and design innovative services which can be then launched with zero-touch operations. Centralization of all provisioning processes in DSPS enables high-speed service fulfilment with more assurance and high activation success rate. Annonce • Jun 04
Tecnotree Oyj Launches Docs - A 5G Digital Convergent Charging Platform Tecnotree Oyj announced the launch of its 5G enabled Digital Online Charging System (DOCS) solution - a cloud-native microservices-based convergent charging platform designed to cater to both current and futuristic monetization use-cases of Communication and Digital Service Providers. With flattening ARPUs (Average Revenue Per Unit) and declining loyalty, compounded by an explosion in data consumption, Communication Service Providers (CSPs) are under tremendous pressure to offer appealing and hyper personalized services to acquire and retain customers. Also, the technology advancements have widened the scope of CSPs to focus on new business avenues of digital services and IoT/Enterprise services to fight the disruptions and to stay relevant in the Retail and Enterprise Segment. Tecnotree DOCS system is designed to support existing and futuristic monetization requirements of CSPs across the verticals and industries. Based on the latest 3GPP (3rd Generation Partnership Project) recommendations & TM Forum open API standards, Tecnotree’s DOCS platform enables CSPs to build, launch and monetize their own as well as create partner offerings to generate new revenue streams quickly. It supports multiple charging models including monetary, events, subscriptions as well as multiple payment models. In addition, DOCSsupports network slice-based Charging, Policy and QoS management, AI/ML capabilities for real-time recommendations, and personalized notifications. Annonce • May 14
Tecnotree Launches Total Digital Transformation Suite for Enterprises and Customers of MTN Ghana Tecnotree announced the launch of its digital transformation stack, for enterprise and consumer businesses with MTN Ghana, one of the leading telecommunications service providers in Ghana with over 25.3 million subscribers. This transformation for B2B and B2C empowers the operator with rapid response capabilities, allowing it to meet its enterprise market demand and deliver augmented customer experiences at a reduced cost. Tecnotree’s Digital Transformation Suite 5 product stack is completely TM Forum compliant and deploys a micro-services-based architecture with built-in features for price approvals and overriding, on-boarding and monitoring of cash flow orders via the Customer 360 view, enabling self-care features for consumers and enterprises to manage their accounts, monitor onboarding, raise tickets and service requests. In addition, the Catalogue Driven Order Capture and Fulfilment processes provide the needed agility and flexibility for the business to negotiate commercials and services with faster time to market for MTN Ghana’s customers. Tecnotree Digital Transformation Suite 5 also triggers milestone-based billing for timely recognition of revenues with multi-experience bundled offerings for enterprises allowing them to make more informed decisions with the support of Tecnotree’s Digital Business Operations Dashboard. Reported Earnings • May 01
First quarter 2022 earnings released First quarter 2022 results: Revenue: €13.4m (up 20% from 1Q 2021). Net income: €1.00m (down 58% from 1Q 2021). Profit margin: 7.5% (down from 21% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 149% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Apr 20
Tecnotree Corporation Announces Executive Changes The organization of the Board of Directors 0f Tecnotree Corporation The Board of Directors of Tecnotree Corporation elected at the Annual General Meeting has held an organizing meeting. Neil Macleod was elected as Chairman and Jyoti Desai as Vice Chairman of the Board of Directors. The Board resolved to establish an Audit Committee, a Remuneration Committee, a Nomination Committee and a Strategy Committee. The members of the Committees were elected as follows: Audit Committee: Neil Macleod (chairman), Jyoti Desai, Conrad Neil Phoenix; Remuneration Committee: Anders Fornander (chairman), Jyoti Desai, Neil Macleod; Nomination Committee: Conrad Neil Phoenix (chairman), Jyoti Desai, Neil Macleod; and Strategy Committee: Jyoti Desai (chairman), Anders Fornander, Markku Wilenius. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: €0.063 (vs €0.05 in FY 2020) Full year 2021 results: EPS: €0.063 (up from €0.05 in FY 2020). Revenue: €64.2m (up 22% from FY 2020). Net income: €18.3m (up 35% from FY 2020). Profit margin: 28% (up from 26% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 184% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €0.06 (up from €0.05 in FY 2020). Revenue: €64.3m (up 22% from FY 2020). Net income: €18.3m (up 35% from FY 2020). Profit margin: 28% (up from 26% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 164% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jan 06
Tecnotree Oyj(HLSE:TEM1V) dropped from OMX Nordic Small Cap Index "Tecnotree Oyj has been removed from OMX Nordic Small Cap Index Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improved over the past week After last week's 22% share price gain to €1.48, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 34x in the Software industry in Germany. Total returns to shareholders of 2,754% over the past three years. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS €0.02 (vs €0.02 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €16.7m (up 18% from 2Q 2020). Net income: €5.30m (up 26% from 2Q 2020). Profit margin: 32% (up from 30% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has increased by 187% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Aug 05
Tecnotree Oyj has completed a Follow-on Equity Offering in the amount of €22.016 million. Tecnotree Oyj has completed a Follow-on Equity Offering in the amount of €22.016 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 30,577,778
Price\Range: €0.72 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 24% share price gain to €1.41, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 36x in the Software industry in Germany. Total returns to shareholders of 2,174% over the past three years. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improved over the past week After last week's 26% share price gain to €1.05, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 35x in the Software industry in Germany. Total returns to shareholders of 1,467% over the past three years. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS €0.05 (vs €0.033 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €52.8m (up 12% from FY 2019). Net income: €13.6m (up 77% from FY 2019). Profit margin: 26% (up from 16% in FY 2019). Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 75% per year, which means it is significantly lagging earnings growth. Annonce • Mar 04
Tecnotree Receives Digital BSS transformation award worth USD 11.7 million Tecnotree announced that it has received an award from an existing tier-1 telecom operator customer in the Middle East region. The value of the award is USD 11.7 million for a period of 3 years. Under this award, the company will deploy its Digital BSS Suite 5 products for retail subscribers and also provide annual support and managed services. Annonce • Jan 05
Tecnotree Wins A New Delivery Agreement Worth €6 Million Tecnotree has been awarded a Digital Transformation project by one of the largest telecom operators in the MEA region. The value of the project is approx. €6 million over 5 years. As per the award, Tecnotree will deploy its Digital BSS Suite 5 products to help accelerate the operator's business growth as well as increase agility and operational efficiency of their IT systems. Is New 90 Day High Low • Jan 05
New 90-day high: €0.75 The company is up 72% from its price of €0.44 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 16% over the same period. Annonce • Dec 13
Kuwait Telecommunications Company - stc Forms Strategic Partnership With Tecnotree on Enterprise Digitalization Program Tecnotree announced a strategic partnership with Kuwait Telecommunications Company - stc, to deliver stc’s Enterprise Digitalization Program (EDP). The digital transformation project will provide stc’s enterprise customers with a seamless and personalized omnichannel experience. The EDP aims to transform stc’s legacy BSS infrastructure with an open ecosystem composed of multi-speed digital architecture, enabling the company to rapidly deploy new capability models and integrate both partner and third-party digital channels into a single framework. Tecnotree’s vast experience in driving digital transformation engagements globally will underpin the program. As stc’s partner on this journey, Tecnotree brings unique capabilities to the project via its Digital BSS Suite 5 products, including Tecnotree Surge. The two companies will use these tools together to help stc transition to a digital service provider of the future, enabling it to compete in the new digital telecom paradigm. Engineer Fahad Abdulrahman Al Ali, Chief Technology Officer at stc, expressed his happiness in forming the strategic partnership, which serves as an additional step taken by the company to widen its offerings, its range of innovative digital solutions, and build the infrastructure of its 5G network. Upon completion, the multi-phased transformation project will upgrade stc’s current systems to IT architecture and processes that will allow delivery of seamless and personalized omnichannel customer experiences via leveraging intelligent insights. This will enable stc to become a full digital ICT player and system integrator, whilst also expanding its services & solutions beyond mobility. Reported Earnings • Nov 02
Third quarter 2020 earnings released: EPS €0.02 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €14.7m (up 19% from 3Q 2019). Net income: €4.40m (up 110% from 3Q 2019). Profit margin: 30% (up from 17% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has increased by 106% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Oct 14
New 90-day high: €0.53 The company is up 133% from its price of €0.23 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 2.0% over the same period. 
