New Risk • Apr 19
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 Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (€23.1m market cap, or US$26.3m). Annonce • Apr 17
Fos S.p.A., Annual General Meeting, Apr 30, 2025 Fos S.p.A., Annual General Meeting, Apr 30, 2025, at 09:30 W. Europe Standard Time. Location: via barozzi n 1, milano Italy New Risk • Feb 21
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 4.6% 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: Minor Risks Share price has been volatile over the past 3 months (4.6% average weekly change). Market cap is less than US$100m (€15.9m market cap, or US$16.6m). Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to €2.74, the stock trades at a trailing P/E ratio of 13.9x. Average forward P/E is 15x in the IT industry in Italy. Total loss to shareholders of 17% over the past three years. Reported Earnings • Oct 06
First half 2024 earnings released: EPS: €0.13 (vs €0.12 in 1H 2023) First half 2024 results: EPS: €0.13 (up from €0.12 in 1H 2023). Revenue: €13.6m (up 5.9% from 1H 2023). Net income: €861.9k (up 7.5% from 1H 2023). Profit margin: 6.3% (in line with 1H 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the IT industry in Italy. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€20.2m market cap, or US$21.5m). Buy Or Sell Opportunity • Jan 31
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to €3.64. The fair value is estimated to be €3.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €3.97, the stock trades at a trailing P/E ratio of 21.5x. Average forward P/E is 20x in the IT industry in Italy. Total returns to shareholders of 22% over the past three years. 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. 8 experienced directors. No highly experienced directors. 2 independent directors (3 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 30
First half 2022 earnings released: EPS: €0 (vs €0.087 in 1H 2021) First half 2022 results: EPS: €0. Revenue: €9.39b (up €9.38b from 1H 2021). Net income: €578.0m (up €577.5m from 1H 2021). Profit margin: 6.2% (down from 6.3% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 78% p.a. on average during the next 3 years, while revenues in the IT industry in Italy are expected to grow by 8.0%. Annonce • Jul 28
Fos S.p.A. (BIT:FOS) signed a framework agreement to acquire Naes Solutions Srl for €4.2 million. Fos S.p.A. (BIT:FOS) signed a framework agreement to acquire Naes Solutions Srl for €4.2 million on July 27, 2022. on Closing FOS will pay the sellers in cash, an amount corresponding to 65% of the Price, equal to a total of approximately Euro 2.7 million. As regards the remaining part of the Price, the remaining amount of approximately Euro 1.5 million (the "Deferred Price"), equal to 35% of the agreed Price, will be paid by FOS to the sellers in cash through payment in 3 (three ) annual installments of equal amount with effect from the first anniversary of the Closing Date. At 31 December 2021 NAeS had a turnover of over 7 million Euros, an EBITDA of over 1.4 million Euros, corresponding to approximately 20% of turnover, and a net profit of 1 million Euros,with a staff of 29 collaborators. At 30 June 2022, the company also has an Adjusted Net Financial Position (cash positive) of 1 million euros, net of the excess cash used for the distribution, in July 2022, of a dividend to the selling shareholders. The transaction is expected to close in September 30, 2022. FOS is assisted in the transaction by LCA Studio Legale for the legal aspects and capital markets profiles, and by Deloitte & Touche SpA for the accounting part. The selling shareholders are assisted in the transaction by HEUSSEN Studio Legale e Tributario for the legal aspects and by the company Nash Advisory Srl as financial advisor. 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. 8 experienced directors. No highly experienced directors. 2 independent directors (3 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 • Apr 18
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: €0.17 (up from €0.15 in FY 2020). Revenue: €17.5m (up 31% from FY 2020). Net income: €1.07m (up 13% from FY 2020). Profit margin: 6.1% (down from 7.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 6.2%, compared to a 14% growth forecast for the industry in Italy. Price Target Changed • Dec 23
Price target increased to €5.75 Up from €5.30, the current price target is provided by 1 analyst. New target price is 47% above last closing price of €3.92. Stock is up 51% over the past year. The company is forecast to post earnings per share of €0.20 for next year compared to €0.15 last year. Reported Earnings • Oct 01
First half 2021 earnings released The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: €8.59m (up 54% from 1H 2020). Net income: €526.2k (up 42% from 1H 2020). Profit margin: 6.1% (down from 6.6% in 1H 2020). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Feb 16
New 90-day high: €2.94 The company is up 4.0% from its price of €2.82 on 18 November 2020. The Italian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 10.0% over the same period. Annonce • Dec 23
Fos S.p.A. (BIT:FOS) completed the acquisition of Inrebus Technologies S.R.L. from selling shareholders and managing directors Stefania. Fos S.p.A. (BIT:FOS) entered into an agreement to acquire Inrebus Technologies S.R.L. for €1 million from selling shareholders and Managing Directors Stefania on November 12, 2020. The price will be paid in part in cash (€0.6 million at closing and €0.3 million at the 36th month following the completion of the transaction). The remaining 10% (€0.1 million) will be paid approximately within 30 days from the date of closing, by transferring to the selling shareholders the own shares of Fos purchased by it with the first €0.1 million invested in the purchase of own shares, on the basis of the plan buy-back approved by the ordinary shareholders' meeting of the Company in April 2020. Inrebus Technologies S.R.L. reported a turnover of €2 million, an adjusted EBITDA of about 12% of the turnover (€0.24 million) as of December 31, 2019. The closing is expected not before December 15, 2020 and by January 15, 2021.
Fos S.p.A. (BIT:FOS) completed the acquisition of Inrebus Technologies S.R.L. from selling shareholders and managing directors Stefania on December 22, 2020. Is New 90 Day High Low • Nov 12
New 90-day high: €2.70 The company is up 8.0% from its price of €2.50 on 14 August 2020. The Italian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 2.0% over the same period. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 20% share price gain to €2.62, the stock is trading at a trailing P/E ratio of 19.8x, up from the previous P/E ratio of 16.5x. This compares to an average P/E of 27x in the IT industry in Italy. Is New 90 Day High Low • Oct 27
New 90-day low: €2.35 The company is down 12% from its price of €2.68 on 29 July 2020. The Italian market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 4.0% over the same period. Reported Earnings • Oct 06
First half earnings released Over the last 12 months the company has reported total profits of €824.7k, up 110% from the prior year. Total revenue was €12.2m over the last 12 months, up 22% from the prior year. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total profits of €824.7k, up 110% from the prior year. Total revenue was €12.2m over the last 12 months, up 17% from the prior year. Is New 90 Day High Low • Sep 18
New 90-day low: €2.38 The company is down 21% from its price of €3.01 on 19 June 2020. The Italian market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 18% over the same period.