Annonce • Apr 17
AATECH S.p.A. Società Benefit, Annual General Meeting, Apr 30, 2026 AATECH S.p.A. Società Benefit, Annual General Meeting, Apr 30, 2026, at 09:00 W. Europe Standard Time. Location: via grumello n 6, milano Italy New Risk • Mar 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.46m (US$9.74m) This is considered a major 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 Risks Revenue has declined by 61% over the past year. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Market cap is less than US$10m (€8.46m market cap, or US$9.74m). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Revenue is less than US$5m (€1.0m revenue, or US$1.2m). Annonce • Jan 21
AATECH S.p.A. Società Benefit (BIT:AAT) acquired an additional 29.43% stake in Termo S.p.A. for €0.8 million. AATECH S.p.A. Società Benefit (BIT:AAT) acquired an additional 29.43% stake in Termo S.p.A. for €0.8 million on January 20, 2026. AATECH acquired financial instruments and Class B1 and C1 shares of Termo S.p.A. Following the aforementioned purchase, AATECH currently holds a total minority stake in Termo equal to approximately 44.29% of the share capital, partly held directly and partly through a trust. The total consideration , which will be paid in cash using the Issuer's own funds, is €0.8, divided into two tranches (the first, equal to €0.3 million, to be paid in cash by January 31, 2026; the second, for the residual amount of €0.5 million, to be paid in cash by December 1, 2026), in addition to a further possible cash amount as a contingent consideration (so-called earn-out), which must be paid, if due, upon the occurrence of the conditions identified in the acquisition contract by July 31, 2029.
AATECH S.p.A. Società Benefit (BIT:AAT) completed the acquisition of an additional 29.43% stake in Termo S.p.A. on January 20, 2026. New Risk • Jan 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% 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 Revenue has declined by 61% over the past year. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Revenue is less than US$5m (€1.0m revenue, or US$1.2m). Market cap is less than US$100m (€9.30m market cap, or US$10.8m). New Risk • Oct 09
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 Italian stocks, typically moving 5.6% 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 Revenue has declined by 45% over the past year. Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Revenue is less than US$5m (€1.0m revenue, or US$1.2m). Market cap is less than US$100m (€9.35m market cap, or US$10.8m). New Risk • Jul 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Revenue has declined by 15% over the past year. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Market cap is less than US$10m (€7.73m market cap, or US$8.93m). Minor Risk Revenue is less than US$5m (€1.5m revenue, or US$1.7m). New Risk • Jun 03
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 Italian stocks, typically moving 6.8% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Revenue has declined by 15% over the past year. Market cap is less than US$10m (€6.51m market cap, or US$7.40m). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Revenue is less than US$5m (€1.5m revenue, or US$1.7m). Annonce • May 22
AATECH S.p.A. Società Benefit announced that it expects to receive €3.06 million in funding AATECH S.p.A. Società Benefit announced a private placement to issue 3,400,000 Ordinary Shares at a price of €0.9 per share for aggregate gross proceeds of €3,060,000 on May 22, 2025. The transaction has been approved by the board of directors of the company. New Risk • Apr 21
New major risk - Revenue and earnings growth Revenue has declined by 15% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Revenue has declined by 15% over the past year. Market cap is less than US$10m (€6.64m market cap, or US$7.57m). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Revenue is less than US$5m (€1.5m revenue, or US$1.7m). Reported Earnings • Mar 20
Full year 2024 earnings released Full year 2024 results: Revenue: €3.57m (up 103% from FY 2023). Net income: €147.0k (up €374.0k from FY 2023). Profit margin: 4.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy. Annonce • Mar 08
AATECH S.p.A. Società Benefit (BIT:AAT) acquired remaining 12.27% stake in Brand Italia S.r.l. for €0.15 million. AATECH S.p.A. Società Benefit (BIT:AAT) acquired remaining 12.27% stake in Brand Italia S.r.l. for €0.15 million on March 6, 2025. Following the transaction, AATech became the sole shareholder of Brand Italia, reaching 100% of the share capital.
AATECH S.p.A. Società Benefit (BIT:AAT) completed the acquisition of remaining 12.27% stake in Brand Italia S.r.l. on March 6, 2025. Price Target Changed • Oct 20
Price target decreased by 42% to €1.74 Down from €3.00, the current price target is an average from 2 analysts. New target price is 176% above last closing price of €0.63. Stock is down 51% over the past year. The company posted a net loss per share of €0.037 last year. New Risk • Sep 30
New major risk - Revenue and earnings growth Revenue has declined by 14% 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 Revenue has declined by 14% over the past year. Market cap is less than US$10m (€5.99m market cap, or US$6.69m). Minor Risks High level of debt (85% net debt to equity). Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (13% increase in shares outstanding). Revenue is less than US$5m (€1.2m revenue, or US$1.3m). New Risk • Feb 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 Italian stocks, typically moving 7.8% 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 (7.8% average weekly change). Market cap is less than US$10m (€7.30m market cap, or US$7.87m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Revenue is less than US$5m (€1.6m revenue, or US$1.8m). New Risk • Nov 17
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 Italian stocks, typically moving 5.7% 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 Market cap is less than US$10m (€7.02m market cap, or US$7.64m). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (5.7% average weekly change). Revenue is less than US$5m (€1.6m revenue, or US$1.8m). Annonce • Jul 04
AA Tech srl has completed an IPO in the amount of €1.6005 million. AA Tech srl has completed an IPO in the amount of €1.6005 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,600,500
Price\Range: €1
Transaction Features: Direct Listing