View Past PerformanceCy4gate バランスシートの健全性財務の健全性 基準チェック /56Cy4gateの総株主資本は€88.6M 、総負債は€31.2Mで、負債比率は35.3%となります。総資産と総負債はそれぞれ€166.7Mと€78.2Mです。 Cy4gateの EBIT は€846.0Kで、利息カバレッジ比率0.2です。現金および短期投資は€28.6Mです。主要情報35.28%負債資本比率€31.24m負債インタレスト・カバレッジ・レシオ0.2x現金€28.63mエクイティ€88.56m負債合計€78.16m総資産€166.72m財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesBoard Change • May 20Less 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 Director Roberta Berlinghieri was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Nov 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.7m (US$98.4m) 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.Reported Earnings • Sep 15Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €16.5m (down 17% from 2Q 2023). Net loss: €3.26m (down 263% from profit in 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Jul 02Now 3.0% overvalued after recent price riseOver the last 90 days, the stock has risen 1.2% to €5.71. The fair value is estimated to be €5.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jun 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.3% to €5.89. The fair value is estimated to be €4.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 17First quarter 2024 earnings released: €0.23 loss per share (vs €0.069 loss in 1Q 2023)First quarter 2024 results: €0.23 loss per share (further deteriorated from €0.069 loss in 1Q 2023). Revenue: €14.6m (down 13% from 1Q 2023). Net loss: €5.40m (loss widened 234% from 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.New Risk • May 14New major risk - Revenue and earnings growthEarnings have declined by 27% 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. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • May 14Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at €6.58. The fair value is estimated to be €5.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 64% over the last 3 years. Meanwhile, the company became loss making.New Risk • Apr 05New 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 7.6% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 15Full year 2023 earnings releasedFull year 2023 results: Revenue: €68.3m (up 21% from FY 2022). Net loss: €10.7m (down €12.9m from profit in FY 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €6.26, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 19x in the Software industry in Germany. Total loss to shareholders of 39% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €6.23 per share.Reported Earnings • Nov 17Third quarter 2023 earnings released: €0.15 loss per share (vs €0.13 profit in 3Q 2022)Third quarter 2023 results: €0.15 loss per share (down from €0.13 profit in 3Q 2022). Revenue: €11.5m (down 43% from 3Q 2022). Net loss: €4.44m (down 250% from profit in 3Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.13, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 25x in the Software industry in Germany. Total loss to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €8.94 per share.Buying Opportunity • Oct 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €9.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Earnings per share has declined by 51%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 207% in the next 2 years.Buying Opportunity • Sep 15Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.5%. The fair value is estimated to be €10.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Earnings per share has declined by 50%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 270% in the next 2 years.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Vincenzo Pompa was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Sep 24First half 2022 earnings released: EPS: €0 (vs €0.02 in 1H 2021)First half 2022 results: EPS: €0 (down from €0.02 in 1H 2021). Revenue: €16.7m (up 170% from 1H 2021). Net loss: €3.60m (down €3.90m from profit in 1H 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in Germany.Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Vincenzo Pompa was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 20% share price gain to €11.62, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 29x in the Software industry in Germany. Total returns to shareholders of 30% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €11.54 per share.Reported Earnings • Sep 25First half 2021 earnings releasedThe company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €6.98m (up 35% from 1H 2020). Net income: €296.6k (down 79% from 1H 2020). Profit margin: 4.2% (down from 28% in 1H 2020). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.32, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 36x in the Software industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €12.99 per share.財務状況分析短期負債: 68Hの 短期資産 ( €75.7M ) が 短期負債 ( €49.0M ) を超えています。長期負債: 68Hの短期資産 ( €75.7M ) が 長期負債 ( €29.2M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 68Hの 純負債対資本比率 ( 3% ) は 満足できる 水準であると考えられます。負債の削減: 68Hの負債対資本比率は、過去 5 年間で3.3%から35.3%に増加しました。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: 利益は出ていないものの、 68Hは現在のプラスの フリーキャッシュフロー レベルを維持すれば、3 年以上は十分な キャッシュランウェイ を有しています。キャッシュランウェイの予測: 68Hは利益は出ていませんが、フリーキャッシュフローがプラスであり、年間49.9 % 増加しているため、3 年以上は十分なキャッシュランウェイがあります。健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend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2026/05/21 12:45終値2026/05/21 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Cy4gate S.p.A. 2 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。3 アナリスト機関Domenico GhilottiEquita SIM S.p.A.Alessandro CecchiniEquita SIM S.p.A.Pietro NargiIntermonte SIM S.p.A.
Board Change • May 20Less 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 Director Roberta Berlinghieri was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Nov 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.7m (US$98.4m) 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.
Reported Earnings • Sep 15Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €16.5m (down 17% from 2Q 2023). Net loss: €3.26m (down 263% from profit in 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Jul 02Now 3.0% overvalued after recent price riseOver the last 90 days, the stock has risen 1.2% to €5.71. The fair value is estimated to be €5.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jun 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.3% to €5.89. The fair value is estimated to be €4.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 17First quarter 2024 earnings released: €0.23 loss per share (vs €0.069 loss in 1Q 2023)First quarter 2024 results: €0.23 loss per share (further deteriorated from €0.069 loss in 1Q 2023). Revenue: €14.6m (down 13% from 1Q 2023). Net loss: €5.40m (loss widened 234% from 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
New Risk • May 14New major risk - Revenue and earnings growthEarnings have declined by 27% 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. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • May 14Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at €6.58. The fair value is estimated to be €5.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 64% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Apr 05New 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 7.6% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 15Full year 2023 earnings releasedFull year 2023 results: Revenue: €68.3m (up 21% from FY 2022). Net loss: €10.7m (down €12.9m from profit in FY 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €6.26, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 19x in the Software industry in Germany. Total loss to shareholders of 39% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €6.23 per share.
Reported Earnings • Nov 17Third quarter 2023 earnings released: €0.15 loss per share (vs €0.13 profit in 3Q 2022)Third quarter 2023 results: €0.15 loss per share (down from €0.13 profit in 3Q 2022). Revenue: €11.5m (down 43% from 3Q 2022). Net loss: €4.44m (down 250% from profit in 3Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.13, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 25x in the Software industry in Germany. Total loss to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €8.94 per share.
Buying Opportunity • Oct 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €9.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Earnings per share has declined by 51%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 207% in the next 2 years.
Buying Opportunity • Sep 15Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.5%. The fair value is estimated to be €10.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Earnings per share has declined by 50%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 270% in the next 2 years.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Vincenzo Pompa was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Sep 24First half 2022 earnings released: EPS: €0 (vs €0.02 in 1H 2021)First half 2022 results: EPS: €0 (down from €0.02 in 1H 2021). Revenue: €16.7m (up 170% from 1H 2021). Net loss: €3.60m (down €3.90m from profit in 1H 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in Germany.
Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Vincenzo Pompa was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 20% share price gain to €11.62, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 29x in the Software industry in Germany. Total returns to shareholders of 30% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €11.54 per share.
Reported Earnings • Sep 25First half 2021 earnings releasedThe company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €6.98m (up 35% from 1H 2020). Net income: €296.6k (down 79% from 1H 2020). Profit margin: 4.2% (down from 28% in 1H 2020). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.32, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 36x in the Software industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €12.99 per share.