Annuncio • May 02
creditshelf Aktiengesellschaft to Report Fiscal Year 2025 Results on Jun 30, 2026 creditshelf Aktiengesellschaft announced that they will report fiscal year 2025 results on Jun 30, 2026 New Risk • Nov 09
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 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 September 2023 fiscal period end). Share price has been highly volatile over the past 3 months (59% average daily change). Revenue has declined by 35% over the past year. Market cap is less than US$10m (€55.8k market cap, or US$59.8k). New Risk • Sep 30
New major risk - Revenue and earnings growth Revenue has declined by 35% 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 (58% average daily change). Revenue has declined by 35% over the past year. Market cap is less than US$10m (€44.7k market cap, or US$49.9k). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). New Risk • May 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Less than 1 year of cash runway based on free cash flow trend (-€3.2m free cash flow). Share price has been highly volatile over the past 3 months (83% average weekly change). Market cap is less than US$10m (€48.9k market cap, or US$53.0k). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). New Risk • Jan 24
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 8.9% 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€3.2m free cash flow). Market cap is less than US$10m (€5.95m market cap, or US$6.45m). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Reported Earnings • Nov 11
Third quarter 2023 earnings released: €0.15 loss per share (vs €0.68 loss in 3Q 2022) Third quarter 2023 results: €0.15 loss per share (improved from €0.68 loss in 3Q 2022). Revenue: €2.72m (up 101% from 3Q 2022). Net loss: €210.9k (loss narrowed 78% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 01
Second quarter 2023 earnings released: €0.28 loss per share (vs €0.61 profit in 2Q 2022) Second quarter 2023 results: €0.28 loss per share (down from €0.61 profit in 2Q 2022). Revenue: €2.24m (up 35% from 2Q 2022). Net loss: €392.7k (down 147% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. New Risk • Aug 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €6.98m (US$7.59m) 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 Share price has been highly volatile over the past 3 months (32% average weekly change). Market cap is less than US$10m (€6.98m market cap, or US$7.59m). Annuncio • Aug 10
creditshelf Aktiengesellschaft to Report Q2, 2023 Results on Aug 31, 2023 creditshelf Aktiengesellschaft announced that they will report Q2, 2023 results on Aug 31, 2023 Breakeven Date Change • May 26
Forecast breakeven date moved forward to 2023 The analyst covering creditshelf previously expected the company to break even in 2024. New forecast suggests the company will make a profit of €600.0k in 2023. Earnings growth of 83% is required to achieve expected profit on schedule. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €10.40, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 14x in the Diversified Financial industry in Germany. Total loss to shareholders of 80% over the past three years. Annuncio • May 25
creditshelf Aktiengesellschaft, Annual General Meeting, Jul 04, 2023 creditshelf Aktiengesellschaft, Annual General Meeting, Jul 04, 2023, at 11:00 Central European Standard Time. Location: Mainzer Landstraße 33a event facilities "Zwischengeschoss," 60329 Frankfurt Germany Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €12.20, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 15x in the Diversified Financial industry in Germany. Total loss to shareholders of 76% over the past three years. Price Target Changed • Nov 17
Price target increased to €49.00 Up from €40.00, the current price target is provided by 1 analyst. New target price is 98% above last closing price of €24.80. Stock is down 39% over the past year. The company is forecast to post earnings per share of €0.29 next year compared to a net loss per share of €1.67 last year. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 30% share price gain to €32.20, the stock trades at a forward P/E ratio of 184x. Average forward P/E is 10x in the Diversified Financial industry in Europe. Total loss to shareholders of 35% over the past three years. Reported Earnings • Sep 10
Second quarter 2022 earnings released: EPS: €0.61 (vs €0.62 loss in 2Q 2021) Second quarter 2022 results: EPS: €0.61 (up from €0.62 loss in 2Q 2021). Revenue: €3.61m (up 91% from 2Q 2021). Net income: €836.8k (up €1.69m from 2Q 2021). Profit margin: 23% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Breakeven Date Change • Jun 01
Forecast breakeven date pushed back to 2024 The analyst covering creditshelf previously expected the company to break even in 2023. New forecast suggests losses will reduce by 79% per year to 2023. The company is expected to make a profit of €1.60m in 2024. Average annual earnings growth of 105% is required to achieve expected profit on schedule. Price Target Changed • May 19
Price target decreased to €58.00 Down from €63.00, the current price target is an average from 2 analysts. New target price is 77% above last closing price of €32.80. Stock is down 30% over the past year. The company is forecast to post a net loss per share of €0.035 next year compared to a net loss per share of €1.67 last year. Reported Earnings • May 12
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: EPS: €0.37 (up from €0.53 loss in 1Q 2021). Revenue: €2.70m (up 50% from 1Q 2021). Net income: €514.6k (up €1.24m from 1Q 2021). Profit margin: 19% (up from net loss in 1Q 2021). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 32%, compared to a 8.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 31
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: €1.67 loss per share (up from €3.92 loss in FY 2020). Revenue: €8.03m (up 51% from FY 2020). Net loss: €2.29m (loss narrowed 57% from FY 2020). Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 36%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Price Target Changed • Feb 11
Price target decreased to €60.00 Down from €65.50, the current price target is an average from 3 analysts. New target price is 88% above last closing price of €32.00. Stock is down 25% over the past year. The company is forecast to post a net loss per share of €2.22 next year compared to a net loss per share of €3.92 last year. Reported Earnings • Nov 13
Third quarter 2021 earnings released: €0.41 loss per share (vs €0.85 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: €1.73m (up 33% from 3Q 2020). Net loss: €564.2k (loss narrowed 51% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 10
Second quarter 2021 earnings released: €0.62 loss per share (vs €0.73 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: €1.89m (down 2.2% from 2Q 2020). Net loss: €855.3k (loss narrowed 13% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Breakeven Date Change • May 14
Forecast breakeven pushed back to 2023 The 3 analysts covering creditshelf previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 59% per year to 2022. The company is expected to make a profit of €766.7k in 2023. Average annual earnings growth of 84% is required to achieve expected profit on schedule. Reported Earnings • May 14
First quarter 2021 earnings released: EPS €0.53 (vs €1.57 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: €1.80m (up 138% from 1Q 2020). Net loss: €727.4k (loss narrowed 66% from 1Q 2020). Executive Departure • May 01
Chief Risk Officer & Member of Management Board has left the company On the 30th of April, Mark Wahrisch's tenure in the role of Chief Risk Officer & Member of Management Board ended. We don't have any record of a personal shareholding under Mark's name. Mark is the only executive to leave the company over the last 12 months. Reported Earnings • Mar 31
Full year 2020 earnings released: €3.92 loss per share (vs €3.73 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: €6.26m (up 31% from FY 2019). Net loss: €5.33m (loss widened 7.2% from FY 2019). Is New 90 Day High Low • Feb 15
New 90-day high: €47.20 The company is up 17% from its price of €40.40 on 17 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Diversified Financial industry, which is up 18% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: €38.60 The company is down 17% from its price of €46.60 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is down 2.0% over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: €0.85 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: €1.81m (up 149% from 3Q 2019). Net loss: €1.15m (loss narrowed 17% from 3Q 2019). Is New 90 Day High Low • Oct 27
New 90-day low: €44.00 The company is down 10.0% from its price of €48.80 on 29 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Diversified Financial industry, which is down 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Is New 90 Day High Low • Oct 08
New 90-day low: €45.60 The company is down 10.0% from its price of €50.50 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Is New 90 Day High Low • Sep 19
New 90-day low: €47.00 The company is down 8.0% from its price of €51.00 on 19 June 2020. The German market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Diversified Financial industry, which is down 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.