Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to €17.50, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 24x in the Software industry in Germany. Negligible returns to shareholders over past three years. Annonce • May 13
Cloud Technologies S.A., Annual General Meeting, Jun 08, 2026 Cloud Technologies S.A., Annual General Meeting, Jun 08, 2026, at 12:00 Central European Standard Time. Annonce • Aug 21
Cloud Technologies S.A. to Report First Half, 2025 Results on Sep 15, 2025 Cloud Technologies S.A. announced that they will report first half, 2025 results on Sep 15, 2025 Annonce • May 13
Cloud Technologies S.A., Annual General Meeting, Jun 09, 2025 Cloud Technologies S.A., Annual General Meeting, Jun 09, 2025. Reported Earnings • Sep 17
Second quarter 2024 earnings released: EPS: zł0.74 (vs zł0.29 in 2Q 2023) Second quarter 2024 results: EPS: zł0.74 (up from zł0.29 in 2Q 2023). Revenue: zł12.0m (down 17% from 2Q 2023). Net income: zł3.70m (up 157% from 2Q 2023). Profit margin: 31% (up from 9.9% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jul 18
Cloud Technologies S.A. (WSE:CLD) agreed to acquire Nordic Data Resources As for NOK 19.1 million. Cloud Technologies S.A. (WSE:CLD) agreed to acquire Nordic Data Resources As for NOK 19.1 million on July 17, 2024. NDR will continue to be led by an existing shareholder who is also a co-founder. Upcoming Dividend • Jun 13
Upcoming dividend of zł1.25 per share Eligible shareholders must have bought the stock before 20 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.2%). Reported Earnings • May 29
First quarter 2024 earnings released: EPS: zł0.51 (vs zł0.48 in 1Q 2023) First quarter 2024 results: EPS: zł0.51 (up from zł0.48 in 1Q 2023). Revenue: zł11.0m (down 21% from 1Q 2023). Net income: zł2.54m (up 5.2% from 1Q 2023). Profit margin: 23% (up from 17% in 1Q 2023). The increase in margin was driven by lower expenses. 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 45% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 15
Cloud Technologies S.A., Annual General Meeting, Jun 10, 2024 Cloud Technologies S.A., Annual General Meeting, Jun 10, 2024. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €12.45, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 23x in the Software industry in Germany. Total returns to shareholders of 23% over the past year. New Risk • Apr 18
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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (16% net profit margin). Market cap is less than US$100m (€66.6m market cap, or US$70.8m). Reported Earnings • Apr 17
Full year 2023 earnings released: EPS: zł1.76 (vs zł2.55 in FY 2022) Full year 2023 results: EPS: zł1.76 (down from zł2.55 in FY 2022). Revenue: zł54.7m (up 8.6% from FY 2022). Net income: zł8.78m (down 31% from FY 2022). Profit margin: 16% (down from 25% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €15.25, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 21x in the Software industry in Germany. Total returns to shareholders of 66% over the past year. Reported Earnings • Nov 29
Third quarter 2023 earnings released: EPS: zł0.63 (vs zł0.90 in 3Q 2022) Third quarter 2023 results: EPS: zł0.63 (down from zł0.90 in 3Q 2022). Revenue: zł13.4m (up 9.0% from 3Q 2022). Net income: zł3.17m (down 30% from 3Q 2022). Profit margin: 24% (down from 37% in 3Q 2022). The decrease in margin was driven by higher expenses. New Risk • Sep 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risk Market cap is less than US$100m (€86.0m market cap, or US$91.0m). Reported Earnings • Sep 27
Second quarter 2023 earnings released: EPS: zł0.29 (vs zł0.71 in 2Q 2022) Second quarter 2023 results: EPS: zł0.29 (down from zł0.71 in 2Q 2022). Revenue: zł14.5m (up 23% from 2Q 2022). Net income: zł1.44m (down 60% from 2Q 2022). Profit margin: 9.9% (down from 30% in 2Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €20.50, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 28x in the Software industry in Germany. Total returns to shareholders of 206% over the past year. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €18.95, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 32x in the Software industry in Germany. Total returns to shareholders of 196% over the past year. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to €20.00, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 30x in the Software industry in Germany. Total returns to shareholders of 154% over the past year. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to €13.55, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 29x in the Software industry in Germany. Total returns to shareholders of 78% over the past year. Reported Earnings • Apr 19
Full year 2022 earnings released: EPS: zł2.55 (vs zł1.93 in FY 2021) Full year 2022 results: EPS: zł2.55 (up from zł1.93 in FY 2021). Revenue: zł50.4m (down 8.6% from FY 2021). Net income: zł12.8m (up 40% from FY 2021). Profit margin: 25% (up from 17% in FY 2021). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €8.88, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 26x in the Software industry in Germany. Total returns to shareholders of 65% over the past year. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 16% share price gain to €7.54, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 26x in the Software industry in Germany. Total returns to shareholders of 43% over the past year. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 16% share price gain to €6.90, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 24x in the Software industry in Germany. Total returns to shareholders of 45% over the past year. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 15% share price gain to €6.88, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 28x in the Software industry in Germany. Total returns to shareholders of 49% over the past year. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €6.36, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 26x in the Software industry in Germany. Total returns to shareholders of 33% over the past year. Annonce • May 25
Cloud Technologies S.A., Annual General Meeting, Jun 20, 2022 Cloud Technologies S.A., Annual General Meeting, Jun 20, 2022, at 12:00 Central European Standard Time. Reported Earnings • May 22
First quarter 2022 earnings released: EPS: zł0.44 (vs zł0.19 in 1Q 2021) First quarter 2022 results: EPS: zł0.44 (up from zł0.19 in 1Q 2021). Revenue: zł10.0m (down 20% from 1Q 2021). Net income: zł2.22m (up 144% from 1Q 2021). Profit margin: 22% (up from 7.3% in 1Q 2021). Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improved over the past week After last week's 22% share price gain to €6.28, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 34x in the Software industry in Germany. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €5.32, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 32x in the Software industry in Germany. Reported Earnings • Feb 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: zł1.74 (up from zł0.14 in FY 2020). Revenue: zł55.0m (up 9.7% from FY 2020). Net income: zł8.72m (up zł8.08m from FY 2020). Profit margin: 16% (up from 1.3% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 18% share price gain to €6.42, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 36x in the Software industry in Germany. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improved over the past week After last week's 21% share price gain to €5.48, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 35x in the Software industry in Germany. Reported Earnings • Nov 18
Third quarter 2021 earnings released: EPS zł0.88 (vs zł0.17 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: zł14.4m (up 16% from 3Q 2020). Net income: zł4.41m (up zł3.68m from 3Q 2020). Profit margin: 31% (up from 5.9% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €4.37, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 41x in the Software industry in Germany. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improved over the past week After last week's 16% share price gain to €5.58, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 39x in the Software industry in Germany. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improved over the past week After last week's 20% share price gain to €5.90, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 46x in the Software industry in Germany. Reported Earnings • Aug 21
Second quarter 2021 earnings released: EPS zł0.44 (vs zł0.22 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł14.0m (up 31% from 2Q 2020). Net income: zł2.19m (up zł3.12m from 2Q 2020). Profit margin: 16% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue.