New Risk • Mar 04
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). High level of non-cash earnings (106% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.1% average weekly change). Reported Earnings • Mar 04
Full year 2025 earnings released: EPS: €0.009 (vs €0.009 in FY 2024) Full year 2025 results: EPS: €0.009 (in line with FY 2024). Revenue: €32.9m (up 19% from FY 2024). Net income: €3.70m (up 22% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. New Risk • Feb 10
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 Spanish stocks, typically moving 6.4% 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 (6.4% average weekly change). High level of non-cash earnings (90% accrual ratio). New Risk • Dec 12
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 Spanish stocks, typically moving 6.6% 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 (6.6% average weekly change). High level of non-cash earnings (90% accrual ratio). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). New Risk • Nov 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 90% 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 (90% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (4.7% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). New Risk • Nov 14
New major risk - Revenue and earnings growth Revenue has declined by 77% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Risk Revenue has declined by 77% over the past year. Minor Risks Share price has been volatile over the past 3 months (4.7% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (16% increase in shares outstanding). New Risk • Sep 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 51% 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 (51% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (4.6% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). New Risk • Sep 22
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 Spanish stocks, typically moving 4.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (1.1% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (4.3% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Revenue is less than US$5m (€2.2m revenue, or US$2.5m). New Risk • Sep 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Debt is not well covered by operating cash flow (1.1% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Shareholders have been diluted in the past year (18% increase in shares outstanding). Revenue is less than US$5m (€2.2m revenue, or US$2.5m). Annonce • May 22
Nueva Expresión Textil, S.A., Annual General Meeting, Jun 25, 2025 Nueva Expresión Textil, S.A., Annual General Meeting, Jun 25, 2025. Location: meeting place, paseo de la castellana 81., madrid Spain New Risk • Jan 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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 Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). New Risk • Dec 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (6.3% average weekly change). New Risk • Dec 09
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 Spanish stocks, typically moving 5.9% 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 (5.9% average weekly change). Negative equity (-€36m). Revenue has declined by 8.9% over the past year. New Risk • Sep 29
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2023. 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 2023 fiscal period end). Negative equity (-€36m). Revenue has declined by 8.9% over the past year. New Risk • Jun 30
New major risk - Revenue and earnings growth Revenue has declined by 8.9% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 (6.8% average weekly change). Negative equity (-€36m). Revenue has declined by 8.9% over the past year. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). New Risk • Apr 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 (8.7% average weekly change). Negative equity (-€36m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Annonce • Jun 09
Nueva Expresión Textil, S.A. announced that it expects to receive €5.34 million in funding Nueva Expresion Textil announces that it will issue 5,340 convertible bonds at par unit par value of €1,000 for a maximum nominal amount of €5,340,000 on June 7, 2023. The bonds will mature on June 12, 2028. The bonds will be convertible at €0.45. The transaction is expected to close on June 12, 2023. Reported Earnings • Feb 27
Full year 2022 earnings released Full year 2022 results: Revenue: €50.3m (down 21% from FY 2021). Net loss: €5.12m (loss widened 40% from FY 2021). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 25
First half 2022 earnings released: EPS: €0 (vs €0.008 loss in 1H 2021) First half 2022 results: EPS: €0 (improved from €0.008 loss in 1H 2021). Revenue: €25.8m (down 15% from 1H 2021). Net income: €218.6k (up €2.65m from 1H 2021). Profit margin: 0.8% (up from net loss in 1H 2021). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: €63.6m (up 8.6% from FY 2020). Net loss: €3.66m (loss narrowed 85% from FY 2020). Revenue missed analyst estimates by 57%. Reported Earnings • Sep 17
First half 2021 earnings released: €0.008 loss per share (vs €0.023 loss in 1H 2020) The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were weaker. First half 2021 results: Revenue: €30.2m (down 13% from 1H 2020). Net loss: €2.43m (loss narrowed 66% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 03
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €58.6m (down 39% from FY 2019). Net loss: €24.4m (loss widened 171% from FY 2019). Is New 90 Day High Low • Feb 14
New 90-day low: €0.49 The company is down 2.0% from its price of €0.50 on 16 November 2020. The Spanish market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: €0.57 The company is up 19% from its price of €0.48 on 15 October 2020. The Spanish market is also up 19% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Luxury industry, which is up 16% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: €0.53 The company is up 9.0% from its price of €0.48 on 25 August 2020. The Spanish market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 20% over the same period. Is New 90 Day High Low • Oct 16
New 90-day low: €0.47 The company is down 13% from its price of €0.54 on 17 July 2020. The Spanish market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: €0.48 The company is down 13% from its price of €0.55 on 30 June 2020. The Spanish market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 3.0% over the same period. Annonce • Jun 29
Nueva Expresión Textil, S.A. Auditor Raises 'Going Concern' Doubt Nueva Expresión Textil, S.A. filed its Annual on Jun 23, 2020 for the period ending Dec 31, 2019. In this report its auditor, KPMG LLP - Klynveld Peat Marwick Goerdeler, gave an unqualified opinion expressing doubt that the company can continue as a going concern.