Breakeven Date Change • Apr 09
Forecast breakeven date pushed back to 2027 The analyst covering PAL Next previously expected the company to break even in 2026. New forecast suggests the company will make a profit of €300.0k in 2027. Annonce • Apr 08
PAL Next AG, Annual General Meeting, May 18, 2026 PAL Next AG, Annual General Meeting, May 18, 2026, at 10:00 W. Europe Standard Time. New Risk • Apr 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€33.0m market cap, or US$38.2m). Reported Earnings • Apr 02
Full year 2025 earnings released Full year 2025 results: Revenue: €27.0m (up 490% from FY 2024). Net loss: €908.7k (loss narrowed 73% from FY 2024). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Entertainment industry in the United Kingdom. Annonce • Jan 30
PAL Next AG to Report Fiscal Year 2025 Final Results on Mar 31, 2026 PAL Next AG announced that they will report fiscal year 2025 final results at 12:00 PM, Central European Standard Time on Mar 31, 2026 Breakeven Date Change • Jan 06
Forecast breakeven date pushed back to 2026 The analyst covering PAL Next previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €1.10m in 2026. Average annual earnings growth of 123% is required to achieve expected profit on schedule. Breakeven Date Change • Nov 26
Forecast breakeven date pushed back to 2026 The analyst covering PAL Next previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €1.10m in 2026. Average annual earnings growth of 123% is required to achieve expected profit on schedule. Breakeven Date Change • Oct 14
Forecast breakeven date pushed back to 2026 The analyst covering PAL Next previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €1.10m in 2026. Average annual earnings growth of 123% is required to achieve expected profit on schedule. Reported Earnings • Sep 28
First half 2025 earnings released: €0.056 loss per share (vs €0.083 loss in 1H 2024) First half 2025 results: €0.056 loss per share (improved from €0.083 loss in 1H 2024). Net loss: €1.43m (loss narrowed 33% from 1H 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Entertainment industry in the United Kingdom. Breakeven Date Change • Sep 26
Forecast breakeven date pushed back to 2026 The analyst covering PAL Next previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €1.10m in 2026. Average annual earnings growth of 123% is required to achieve expected profit on schedule. Buy Or Sell Opportunity • Sep 02
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 7.1% to €1.20. The fair value is estimated to be €0.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 32% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 391% in a year. Earnings are forecast to grow by 100% in the next year. Breakeven Date Change • Aug 27
Forecast breakeven date pushed back to 2026 The analyst covering PAL Next previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €1.10m in 2026. Average annual earnings growth of 109% is required to achieve expected profit on schedule. Annonce • Aug 20
PAL Next Ag Presents A Major Lineup of Films and Series for the 2025 Release Year At Its Successful Annual General Meeting PAL Next AG presented four major productions during its successfully held Annual General Meeting that will premiere in the 2025 release year and contribute to revenues. Particularly highlighted was the anti-war film DER TIGER (The Tiger), produced in collaboration with Amazon MGM Studios. It marks the first German Amazon Original film that will premiere first in German theaters on 18 September 2025, followed by a worldwide release on Prime Video at year-end. DER TIGER is one of only five films currently shortlisted by German Films as Germany’s official submission for the “Best International Feature Film” category at the 98th Academy Awards. Shareholders were also given a preview of two additional PANTALEON Films productions set to hit theaters later this fiscal year. NO HIT WONDER, produced for Warner Bros. and starring Florian David Fitz and Nora Tschirner, will open in theaters on 30 October 2025. DAS LEBEN DER WÜNSCHE (The Life of Wishes), co-produced with ProU Producer United in collaboration with Seven Pictures, will hit theaters on 13 November 2025. The film, starring Matthias Schweighöfer in his first leading role in a German feature film in seven years, will celebrate its world premiere at the Zurich Film Festival at the end of September. The second season of the successful series ASBEST will again be available in the ARD Mediathek, with the launch date yet to be announced. Shareholders approved all agenda items unanimously and expressed their confidence in CEO Stephanie Schettler-Köhler as well as in the members of the Supervisory Board of PAL Next AG for fiscal year 2025. The proportion of share capital entitled to vote at the time of the resolutions amounted to 71.28%. Annonce • Aug 13
PAL Next AG to Report First Half, 2025 Results on Sep 24, 2025 PAL Next AG announced that they will report first half, 2025 results on Sep 24, 2025 Breakeven Date Change • Aug 01
Forecast breakeven date pushed back to 2026 The analyst covering PAL Next previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €1.10m in 2026. Average annual earnings growth of 109% is required to achieve expected profit on schedule. Annonce • Jul 09
PAL Next AG, Annual General Meeting, Aug 19, 2025 PAL Next AG, Annual General Meeting, Aug 19, 2025, at 10:00 W. Europe Standard Time. Breakeven Date Change • May 29
Forecast breakeven date pushed back to 2026 The analyst covering PAL Next previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €1.10m in 2026. Average annual earnings growth of 109% is required to achieve expected profit on schedule. Breakeven Date Change • May 07
Forecast breakeven date pushed back to 2026 The analyst covering PAL Next previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €1.10m in 2026. Average annual earnings growth of 109% is required to achieve expected profit on schedule. New Risk • Apr 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (€30.7m market cap, or US$34.8m). Breakeven Date Change • Mar 31
Forecast breakeven date pushed back to 2026 The analyst covering PAL Next previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €2.70m in 2026. Average annual earnings growth of 114% is required to achieve expected profit on schedule. Annonce • Jan 10
Pantaflix AG to Report Q4, 2024 Results on Apr 30, 2025 Pantaflix AG announced that they will report Q4, 2024 results at 12:00 PM, Central European Standard Time on Apr 30, 2025 Breakeven Date Change • Jan 07
Forecast breakeven date pushed back to 2026 The analyst covering Pantaflix previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €2.70m in 2026. Average annual earnings growth of 114% is required to achieve expected profit on schedule. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2026 The analyst covering Pantaflix previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €2.70m in 2026. Average annual earnings growth of 114% is required to achieve expected profit on schedule. Reported Earnings • Sep 27
First half 2024 earnings released: €0.083 loss per share (vs €0.032 loss in 1H 2023) First half 2024 results: €0.083 loss per share (further deteriorated from €0.032 loss in 1H 2023). Revenue: €1.35m (down 94% from 1H 2023). Net loss: €2.12m (loss widened 208% from 1H 2023). Annonce • Sep 25
Pantaflix AG to Report First Half, 2024 Results on Sep 25, 2024 Pantaflix AG announced that they will report first half, 2024 results on Sep 25, 2024 Annonce • Apr 16
Pantaflix AG to Report Fiscal Year 2023 Results on Apr 22, 2024 Pantaflix AG announced that they will report fiscal year 2023 results on Apr 22, 2024 New Risk • Apr 15
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 Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€12k net loss in 2 years). Shareholders have been diluted in the past year (6.2% increase in shares outstanding). Market cap is less than US$100m (€51.5m market cap, or US$54.9m). Annonce • Feb 02
Pantaflix AG, Annual General Meeting, Aug 26, 2024 Pantaflix AG, Annual General Meeting, Aug 26, 2024. Annonce • Jul 28
Pantaflix AG to Report First Half, 2023 Results on Sep 29, 2023 Pantaflix AG announced that they will report first half, 2023 results on Sep 29, 2023 Annonce • Jun 23
Pantaflix AG announced that it has received funding from Handelsblatt GmbH Pantaflix AG announced that it has raised private placement in a round of funding on June 22, 2023. The transaction included participation from new investor Handelsblatt GmbH Breakeven Date Change • Dec 08
Forecast breakeven date pushed back to 2024 The 2 analysts covering Pantaflix previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 31% per year to 2023. The company is expected to make a profit of €950.0k in 2024. Average annual earnings growth of 92% is required to achieve expected profit on schedule. 
