Reported Earnings • Aug 13
Second quarter 2022 earnings released: EPS: CA$0.41 (vs CA$0.29 loss in 2Q 2021) Second quarter 2022 results: EPS: CA$0.41 (up from CA$0.29 loss in 2Q 2021). Revenue: CA$7.25m (up 8.9% from 2Q 2021). Net income: CA$16.3m (up CA$26.4m from 2Q 2021). Reported Earnings • May 03
Full year 2021 earnings released: CA$0.13 loss per share (vs CA$0.99 loss in FY 2020) Full year 2021 results: CA$0.13 loss per share (up from CA$0.99 loss in FY 2020). Revenue: CA$34.7m (up 334% from FY 2020). Net loss: CA$4.60m (loss narrowed 78% from FY 2020). Over the next year, revenue is forecast to grow 146%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Executive Chairman Stefan Matthews is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 14
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$12.4m (up CA$12.1m from 3Q 2020). Net income: CA$2.07m (up CA$8.00m from 3Q 2020). Profit margin: 17% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 24
Second quarter 2021 earnings released The company reported a decent second quarter result with improved revenues and stable control over costs, although losses increased. Second quarter 2021 results: Revenue: CA$6.66m (up 306% from 2Q 2020). Net loss: CA$10.1m (loss widened 306% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Executive Departure • Jun 25
Independent Director Michael Cella has left the company On the 24th of June, Michael Cella's tenure as Independent Director ended after 1.8 years in the role. We don't have any record of a personal shareholding under Michael's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Breakeven Date Change • Jun 03
Forecast to breakeven in 2021 The analyst covering Taal Distributed Information Technologies expects the company to break even for the first time. New forecast suggests the company will make a profit of CA$816.1k in 2021. Earnings growth of 157% is required to achieve expected profit on schedule. Reported Earnings • May 29
First quarter 2021 earnings released: EPS CA$0.087 (vs CA$0.05 loss in 1Q 2020) First quarter 2021 results: Net income: CA$2.64m (up CA$3.36m from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Reported Earnings • May 03
Full year 2020 earnings released: CA$0.99 loss per share (vs CA$0.99 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CA$7.99m (down 53% from FY 2019). Net loss: CA$21.3m (loss widened 72% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 11
New 90-day high: €2.10 The company is up 120% from its price of €0.95 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 8.0% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: €2.08 The company is up 82% from its price of €1.14 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 16% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: €1.31 The company is up 13% from its price of €1.16 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 21% over the same period. Reported Earnings • Dec 03
Third quarter 2020 earnings released: CA$0.25 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: CA$245.6k (down 96% from 3Q 2019). Net loss: CA$5.93m (loss narrowed 42% from 3Q 2019). Reported Earnings • Dec 01
Third quarter 2020 earnings released: CA$0.25 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: CA$245.6k (down 96% from 3Q 2019). Net loss: CA$5.93m (loss narrowed 42% from 3Q 2019). Is New 90 Day High Low • Nov 12
New 90-day low: €1.00 The company is down 10.0% from its price of €1.11 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 23% over the same period. Is New 90 Day High Low • Oct 22
New 90-day low: €1.06 The company is down 12% from its price of €1.21 on 24 July 2020. The German market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 11% over the same period.