View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsAlmawave 過去の業績過去 基準チェック /26Almawaveは、平均年間31%の収益成長を遂げていますが、 Software業界の収益は、年間 成長しています。収益は、平均年間10.4% 14.2%収益成長率で 成長しています。 Almawaveの自己資本利益率は9.7%であり、純利益率は16.5%です。主要情報31.01%収益成長率24.96%EPS成長率Software 業界の成長14.88%収益成長率14.23%株主資本利益率9.68%ネット・マージン16.46%前回の決算情報30 Jun 2025最近の業績更新Reported Earnings • Apr 06Full year 2024 earnings releasedFull year 2024 results: Revenue: €51.9m (down 9.7% from FY 2023). Net income: €8.50m (down 8.5% from FY 2023). Profit margin: 16% (in line with FY 2023). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Germany.Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: €57.5m (up 20% from FY 2022). Net income: €9.30m (up 93% from FY 2022). Profit margin: 16% (up from 10.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany.Reported Earnings • Aug 07First half 2023 earnings released: EPS: €0.11 (vs €0.07 in 1H 2022)First half 2023 results: EPS: €0.11 (up from €0.07 in 1H 2022). Revenue: €27.7m (up 30% from 1H 2022). Net income: €3.11m (up 57% from 1H 2022). Profit margin: 11% (up from 9.2% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany.すべての更新を表示Recent updatesNew Risk • Oct 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 2.8% 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: Minor Risks Share price has been volatile over the past 3 months (2.8% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improves as stock rises 39%After last week's 39% share price gain to €4.23, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 24x in the Software industry in Germany. Total returns to shareholders of 9.5% over the past three years.お知らせ • Oct 03Almaviva S.p.A. proposed to acquire remaining 30.50% stake in Almawave S.p.A. (BIT:AIW) for €39.13 million.Almaviva S.p.A. proposed to acquire remaining 30.50% stake in Almawave S.p.A. (BIT:AIW) for €39.13 million on October 3, 2025. A cash consideration valued at €4.3 per share will be paid by Almaviva S.p.A. The deal is entirely financed with own resources.New Risk • Aug 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 233% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.お知らせ • Apr 22Almawave S.p.A., Annual General Meeting, May 06, 2025Almawave S.p.A., Annual General Meeting, May 06, 2025, at 10:00 W. Europe Standard Time.Reported Earnings • Apr 06Full year 2024 earnings releasedFull year 2024 results: Revenue: €51.9m (down 9.7% from FY 2023). Net income: €8.50m (down 8.5% from FY 2023). Profit margin: 16% (in line with FY 2023). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Germany.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €2.91, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Software industry in Germany. Total loss to shareholders of 32% over the past three years.New Risk • Mar 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.8m (US$98.6m) This is considered a minor 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (€90.8m market cap, or US$98.6m).Buy Or Sell Opportunity • Mar 05Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 49% to €3.58. The fair value is estimated to be €2.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years.New Risk • Feb 18New minor risk - Financial data availabilityThe 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.2% average weekly change).Buy Or Sell Opportunity • Feb 18Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 30% to €3.28. The fair value is estimated to be €2.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.90, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 22x in the Software industry in Germany. Total loss to shareholders of 38% over the past three years.New Risk • Jan 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% 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: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (€87.8m market cap, or US$90.6m).Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €2.50, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Software industry in Germany. Total loss to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.14 per share.Buy Or Sell Opportunity • Dec 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 39% to €2.38. The fair value is estimated to be €2.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years.Buy Or Sell Opportunity • Nov 22Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 39% to €2.42. The fair value is estimated to be €3.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years.New Risk • Nov 01New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.0m (US$99.7m) This is considered a minor 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. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Aug 01Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.0% to €4.21. The fair value is estimated to be €5.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: €57.5m (up 20% from FY 2022). Net income: €9.30m (up 93% from FY 2022). Profit margin: 16% (up from 10.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany.New Risk • Feb 29New minor risk - Financial data availabilityThe 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €5.06, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 19x in the Software industry in Germany. Total returns to shareholders of 16% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €2.53 per share.Reported Earnings • Aug 07First half 2023 earnings released: EPS: €0.11 (vs €0.07 in 1H 2022)First half 2023 results: EPS: €0.11 (up from €0.07 in 1H 2022). Revenue: €27.7m (up 30% from 1H 2022). Net income: €3.11m (up 57% from 1H 2022). Profit margin: 11% (up from 9.2% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany.Board Change • Jul 26Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Deputy Chairman Francesco Profumo was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.収支内訳Almawave の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史BST:101 収益、費用、利益 ( )EUR Millions日付収益収益G+A経費研究開発費30 Jun 254782031 Mar 254882031 Dec 244992030 Sep 245181030 Jun 245381031 Mar 245592031 Dec 235792030 Sep 235682030 Jun 235461031 Mar 235151031 Dec 224851030 Sep 224441030 Jun 223941031 Mar 223641031 Dec 213331030 Sep 213341030 Jun 212931031 Mar 212821031 Dec 202711030 Sep 202621031 Dec 192121031 Dec 181621031 Dec 171411031 Dec 1613100質の高い収益: 101には€691.0K } という大きな 一回限りの 損失があり、過去 12 か月の財務実績が30th June, 2025に影響を及ぼしています。利益率の向上: 101の現在の純利益率 (16.5%)は、昨年(15.7%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 101の収益は過去 5 年間で年間31%増加しました。成長の加速: 101は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 101は過去 1 年間で収益成長率がマイナス ( -8.2% ) となったため、 Software業界平均 ( 19.3% ) と比較することが困難です。株主資本利益率高いROE: 101の 自己資本利益率 ( 9.7% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health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2026/02/06 14:35終値2025/12/16 00:00収益2025/06/30年間収益2024/12/31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Almawave 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。2 アナリスト機関Luca ArenaAlantra Capital Markets ResearchDario MichiBNP Paribas
Reported Earnings • Apr 06Full year 2024 earnings releasedFull year 2024 results: Revenue: €51.9m (down 9.7% from FY 2023). Net income: €8.50m (down 8.5% from FY 2023). Profit margin: 16% (in line with FY 2023). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Germany.
Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: €57.5m (up 20% from FY 2022). Net income: €9.30m (up 93% from FY 2022). Profit margin: 16% (up from 10.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany.
Reported Earnings • Aug 07First half 2023 earnings released: EPS: €0.11 (vs €0.07 in 1H 2022)First half 2023 results: EPS: €0.11 (up from €0.07 in 1H 2022). Revenue: €27.7m (up 30% from 1H 2022). Net income: €3.11m (up 57% from 1H 2022). Profit margin: 11% (up from 9.2% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany.
New Risk • Oct 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 2.8% 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: Minor Risks Share price has been volatile over the past 3 months (2.8% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improves as stock rises 39%After last week's 39% share price gain to €4.23, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 24x in the Software industry in Germany. Total returns to shareholders of 9.5% over the past three years.
お知らせ • Oct 03Almaviva S.p.A. proposed to acquire remaining 30.50% stake in Almawave S.p.A. (BIT:AIW) for €39.13 million.Almaviva S.p.A. proposed to acquire remaining 30.50% stake in Almawave S.p.A. (BIT:AIW) for €39.13 million on October 3, 2025. A cash consideration valued at €4.3 per share will be paid by Almaviva S.p.A. The deal is entirely financed with own resources.
New Risk • Aug 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 233% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
お知らせ • Apr 22Almawave S.p.A., Annual General Meeting, May 06, 2025Almawave S.p.A., Annual General Meeting, May 06, 2025, at 10:00 W. Europe Standard Time.
Reported Earnings • Apr 06Full year 2024 earnings releasedFull year 2024 results: Revenue: €51.9m (down 9.7% from FY 2023). Net income: €8.50m (down 8.5% from FY 2023). Profit margin: 16% (in line with FY 2023). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Germany.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €2.91, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Software industry in Germany. Total loss to shareholders of 32% over the past three years.
New Risk • Mar 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.8m (US$98.6m) This is considered a minor 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (€90.8m market cap, or US$98.6m).
Buy Or Sell Opportunity • Mar 05Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 49% to €3.58. The fair value is estimated to be €2.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years.
New Risk • Feb 18New minor risk - Financial data availabilityThe 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.2% average weekly change).
Buy Or Sell Opportunity • Feb 18Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 30% to €3.28. The fair value is estimated to be €2.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.90, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 22x in the Software industry in Germany. Total loss to shareholders of 38% over the past three years.
New Risk • Jan 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% 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: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (€87.8m market cap, or US$90.6m).
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €2.50, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Software industry in Germany. Total loss to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.14 per share.
Buy Or Sell Opportunity • Dec 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 39% to €2.38. The fair value is estimated to be €2.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years.
Buy Or Sell Opportunity • Nov 22Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 39% to €2.42. The fair value is estimated to be €3.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years.
New Risk • Nov 01New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.0m (US$99.7m) This is considered a minor 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. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Aug 01Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.0% to €4.21. The fair value is estimated to be €5.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: €57.5m (up 20% from FY 2022). Net income: €9.30m (up 93% from FY 2022). Profit margin: 16% (up from 10.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany.
New Risk • Feb 29New minor risk - Financial data availabilityThe 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €5.06, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 19x in the Software industry in Germany. Total returns to shareholders of 16% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €2.53 per share.
Reported Earnings • Aug 07First half 2023 earnings released: EPS: €0.11 (vs €0.07 in 1H 2022)First half 2023 results: EPS: €0.11 (up from €0.07 in 1H 2022). Revenue: €27.7m (up 30% from 1H 2022). Net income: €3.11m (up 57% from 1H 2022). Profit margin: 11% (up from 9.2% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany.
Board Change • Jul 26Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Deputy Chairman Francesco Profumo was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.