View Financial HealthDexelance 配当と自社株買い配当金 基準チェック /06Dexelance配当金を支払った記録がありません。主要情報n/a配当利回り2.9%バイバック利回り総株主利回り2.9%将来の配当利回り0%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (8 non-independent directors). Chairman & CEO Andrea Sasso was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Sep 04+ 1 more updateDexelance S.p.A. to Report First Half, 2025 Results on Sep 09, 2025Dexelance S.p.A. announced that they will report first half, 2025 results on Sep 09, 2025お知らせ • Jul 24Dexelance S.p.A. (BIT:DEX) acquired remaining 49% stake in Flexalighting Srl for €9.6 million.Dexelance S.p.A. (BIT:DEX) acquired remaining 49% stake in Flexalighting Srl for €9.6 million on July 22, 2025. A cash consideration of €9.6 million will be paid by Dexelance S.p.A. Following its completion, Dexelance now holds 100.0% of Flexalighting's share capital. The transaction is financed by Dexelance through financial debt of approximately Euro 6.8 million and, for the remaining portion, with its own means. Roberto Mantovani, who also took on the role of CEO of Axolight in October 2024, will continue to serve as Chairman and CEO of Flexalighting. For the period ending December 31, 2024, Flexalighting Srl reported total revenue of €11 million. Dexelance S.p.A. (BIT:DEX) completed the acquisition of remaining 49% stake in Flexalighting Srl on July 22, 2025.お知らせ • Mar 18Dexelance S.p.A., Annual General Meeting, Apr 16, 2025Dexelance S.p.A., Annual General Meeting, Apr 16, 2025, at 11:00 W. Europe Standard Time.お知らせ • Oct 15Dexelance S.p.A. (BIT:DEX) acquired remaining 49% stake in Axo Light srl.Dexelance S.p.A. (BIT:DEX) acquired remaining 49% stake in Axo Light srl on October 15, 2024. The overall transaction in Axolight, which was fully financed by Dexelance with its own funds, took place with an equity value of approximately €3.2 million, of which approximately €1.2 million was used for the acquisition of the remaining minority stake. For the period ending December 31, 2023, Axo Light srl reported total revenue of €5 million. Roberto Mantovani, currently CEO of Flexalighting and experienced entrepreneur in the lighting market, will also take on the role as Axolight's new CEO. Dexelance S.p.A. (BIT:DEX) completed the acquisition of remaining 49% stake in Axo Light srl on October 15, 2024.Reported Earnings • Sep 11Second quarter 2024 earnings released: EPS: €0.027 (vs €0.16 in 2Q 2023)Second quarter 2024 results: EPS: €0.027 (down from €0.16 in 2Q 2023). Revenue: €80.9m (up 12% from 2Q 2023). Net income: €715.0k (down 83% from 2Q 2023). Profit margin: 0.9% (down from 5.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany.New Risk • Jun 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. 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 profits are expected to decline, then in most cases the share price will decline over time as well. 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 (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future.New Risk • Jun 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future.Reported Earnings • Mar 13Full year 2023 earnings released: EPS: €1.05 (vs €0.29 loss in FY 2022)Full year 2023 results: EPS: €1.05 (up from €0.29 loss in FY 2022). Revenue: €292.3m (up 46% from FY 2022). Net income: €28.1m (up €34.1m from FY 2022). Profit margin: 9.6% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany.New Risk • Mar 12New major risk - Revenue and earnings growthEarnings have declined by 51% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Interest payments are not well covered by earnings (2.6x net interest cover). Earnings have declined by 51% per year over the past 5 years.Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: €0.073 (vs €0.23 in 3Q 2022)Third quarter 2023 results: EPS: €0.073 (down from €0.23 in 3Q 2022). Revenue: €62.9m (up 23% from 3Q 2022). Net income: €1.94m (down 59% from 3Q 2022). Profit margin: 3.1% (down from 9.2% in 3Q 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Consumer Durables industry in Germany.Buying Opportunity • Nov 09Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €10.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 54% over the last year. Meanwhile, the company became loss making.Board Change • Oct 19Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (9 non-independent directors). Chairman & CEO Andrea Sasso was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • Sep 20New major risk - Revenue and earnings growthEarnings have declined by 53% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 (13% operating cash flow to total debt). Earnings have declined by 53% per year over the past 5 years.お知らせ • Sep 20Italian Design Brands S.p.A. (BIT:IDB) reached an agreement to acquire 51% stake in Turri Srl.Italian Design Brands S.p.A. (BIT:IDB) reached an agreement to acquire 51% stake in Turri Srl on September 19, 2023. Andrea Turri will reinvest in the transaction as a minority shareholder and remain Chief Executive Officer of Turri. The transaction will be financed through IDB’s own means for approximately €5 million and with recourse to financial debt. Turri has reported revenue of €28.1 million and EBITDA of approximately €4 million in 2022. Marco Franzini of Grimaldi Studio Legale acted as legal advisor, Luciana Sist and Stefano Brunello of EY S.p.A. acted as financial and tax due diligence provider, Marco Valdonio of Maisto e Associati acted as legal advisor to Italian Design Brands. Marco Nicolini of Chiomenti Studio Legale acted as legal advisor and Roberto Bonacina and Jacopo de Maio of Ethica Holding S.p.A. acted as financial advisor to Andrea Turri.Reported Earnings • Sep 14Second quarter 2023 earnings released: EPS: €0.16 (vs €0.19 in 2Q 2022)Second quarter 2023 results: EPS: €0.16. Revenue: €72.4m (up 43% from 2Q 2022). Net income: €4.21m (up 8.2% from 2Q 2022). Profit margin: 5.8% (down from 7.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Durables industry in Germany.New Risk • Jun 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 43% per year over the past 5 years.New Risk • Jun 12New major risk - Revenue and earnings growthEarnings have declined by 43% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Shares are highly illiquid. Earnings have declined by 43% per year over the past 5 years. Minor Risk High level of debt (57% net debt to equity).New Risk • Jun 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 74% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk High level of debt (74% net debt to equity).決済の安定と成長配当データの取得安定した配当: QZ2の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: QZ2の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Dexelance 配当利回り対市場QZ2 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (QZ2)n/a市場下位25% (DE)1.5%市場トップ25% (DE)4.6%業界平均 (Consumer Durables)5.5%アナリスト予想 (QZ2) (最長3年)0%注目すべき配当: QZ2は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: QZ2は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: QZ2の 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: QZ2が配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/28 23:46終値2026/05/28 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Dexelance S.p.A. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Carmen NovelBanca Akros S.p.A. (ESN)Vandita Sood ChowdharyCitigroup IncLuigi De BellisEquita SIM S.p.A.3 その他のアナリストを表示
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (8 non-independent directors). Chairman & CEO Andrea Sasso was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Sep 04+ 1 more updateDexelance S.p.A. to Report First Half, 2025 Results on Sep 09, 2025Dexelance S.p.A. announced that they will report first half, 2025 results on Sep 09, 2025
お知らせ • Jul 24Dexelance S.p.A. (BIT:DEX) acquired remaining 49% stake in Flexalighting Srl for €9.6 million.Dexelance S.p.A. (BIT:DEX) acquired remaining 49% stake in Flexalighting Srl for €9.6 million on July 22, 2025. A cash consideration of €9.6 million will be paid by Dexelance S.p.A. Following its completion, Dexelance now holds 100.0% of Flexalighting's share capital. The transaction is financed by Dexelance through financial debt of approximately Euro 6.8 million and, for the remaining portion, with its own means. Roberto Mantovani, who also took on the role of CEO of Axolight in October 2024, will continue to serve as Chairman and CEO of Flexalighting. For the period ending December 31, 2024, Flexalighting Srl reported total revenue of €11 million. Dexelance S.p.A. (BIT:DEX) completed the acquisition of remaining 49% stake in Flexalighting Srl on July 22, 2025.
お知らせ • Mar 18Dexelance S.p.A., Annual General Meeting, Apr 16, 2025Dexelance S.p.A., Annual General Meeting, Apr 16, 2025, at 11:00 W. Europe Standard Time.
お知らせ • Oct 15Dexelance S.p.A. (BIT:DEX) acquired remaining 49% stake in Axo Light srl.Dexelance S.p.A. (BIT:DEX) acquired remaining 49% stake in Axo Light srl on October 15, 2024. The overall transaction in Axolight, which was fully financed by Dexelance with its own funds, took place with an equity value of approximately €3.2 million, of which approximately €1.2 million was used for the acquisition of the remaining minority stake. For the period ending December 31, 2023, Axo Light srl reported total revenue of €5 million. Roberto Mantovani, currently CEO of Flexalighting and experienced entrepreneur in the lighting market, will also take on the role as Axolight's new CEO. Dexelance S.p.A. (BIT:DEX) completed the acquisition of remaining 49% stake in Axo Light srl on October 15, 2024.
Reported Earnings • Sep 11Second quarter 2024 earnings released: EPS: €0.027 (vs €0.16 in 2Q 2023)Second quarter 2024 results: EPS: €0.027 (down from €0.16 in 2Q 2023). Revenue: €80.9m (up 12% from 2Q 2023). Net income: €715.0k (down 83% from 2Q 2023). Profit margin: 0.9% (down from 5.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany.
New Risk • Jun 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. 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 profits are expected to decline, then in most cases the share price will decline over time as well. 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 (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future.
New Risk • Jun 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future.
Reported Earnings • Mar 13Full year 2023 earnings released: EPS: €1.05 (vs €0.29 loss in FY 2022)Full year 2023 results: EPS: €1.05 (up from €0.29 loss in FY 2022). Revenue: €292.3m (up 46% from FY 2022). Net income: €28.1m (up €34.1m from FY 2022). Profit margin: 9.6% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany.
New Risk • Mar 12New major risk - Revenue and earnings growthEarnings have declined by 51% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Interest payments are not well covered by earnings (2.6x net interest cover). Earnings have declined by 51% per year over the past 5 years.
Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: €0.073 (vs €0.23 in 3Q 2022)Third quarter 2023 results: EPS: €0.073 (down from €0.23 in 3Q 2022). Revenue: €62.9m (up 23% from 3Q 2022). Net income: €1.94m (down 59% from 3Q 2022). Profit margin: 3.1% (down from 9.2% in 3Q 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Consumer Durables industry in Germany.
Buying Opportunity • Nov 09Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €10.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 54% over the last year. Meanwhile, the company became loss making.
Board Change • Oct 19Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (9 non-independent directors). Chairman & CEO Andrea Sasso was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • Sep 20New major risk - Revenue and earnings growthEarnings have declined by 53% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 (13% operating cash flow to total debt). Earnings have declined by 53% per year over the past 5 years.
お知らせ • Sep 20Italian Design Brands S.p.A. (BIT:IDB) reached an agreement to acquire 51% stake in Turri Srl.Italian Design Brands S.p.A. (BIT:IDB) reached an agreement to acquire 51% stake in Turri Srl on September 19, 2023. Andrea Turri will reinvest in the transaction as a minority shareholder and remain Chief Executive Officer of Turri. The transaction will be financed through IDB’s own means for approximately €5 million and with recourse to financial debt. Turri has reported revenue of €28.1 million and EBITDA of approximately €4 million in 2022. Marco Franzini of Grimaldi Studio Legale acted as legal advisor, Luciana Sist and Stefano Brunello of EY S.p.A. acted as financial and tax due diligence provider, Marco Valdonio of Maisto e Associati acted as legal advisor to Italian Design Brands. Marco Nicolini of Chiomenti Studio Legale acted as legal advisor and Roberto Bonacina and Jacopo de Maio of Ethica Holding S.p.A. acted as financial advisor to Andrea Turri.
Reported Earnings • Sep 14Second quarter 2023 earnings released: EPS: €0.16 (vs €0.19 in 2Q 2022)Second quarter 2023 results: EPS: €0.16. Revenue: €72.4m (up 43% from 2Q 2022). Net income: €4.21m (up 8.2% from 2Q 2022). Profit margin: 5.8% (down from 7.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Durables industry in Germany.
New Risk • Jun 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 43% per year over the past 5 years.
New Risk • Jun 12New major risk - Revenue and earnings growthEarnings have declined by 43% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Shares are highly illiquid. Earnings have declined by 43% per year over the past 5 years. Minor Risk High level of debt (57% net debt to equity).
New Risk • Jun 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 74% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk High level of debt (74% net debt to equity).