お知らせ • Apr 15
Redelfi S.p.A., Annual General Meeting, Apr 30, 2026 Redelfi S.p.A., Annual General Meeting, Apr 30, 2026, at 11:00 W. Europe Standard Time. Location: genova Italy Board Change • Dec 30
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . 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 • Jul 23
An undisclosed buyer acquired an unknown minority stake in Cerlab S.r.l. from Redelfi S.p.A. (BIT:RDF). An undisclosed buyer acquired an unknown minority stake in Cerlab S.r.l. from Redelfi S.p.A. (BIT:RDF) on July 22, 2025.
An undisclosed buyer completed the acquisition of an unknown minority stake in Cerlab S.r.l. from Redelfi S.p.A. (BIT:RDF) on July 22, 2025. お知らせ • Apr 14
Redelfi S.p.A., Annual General Meeting, Apr 29, 2025 Redelfi S.p.A., Annual General Meeting, Apr 29, 2025, at 11:00 W. Europe Standard Time. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €4.35, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the IT industry in Germany. Total returns to shareholders of 13% over the past year. Reported Earnings • Sep 27
First half 2024 earnings released: EPS: €0.35 (vs €0.17 in 1H 2023) First half 2024 results: EPS: €0.35 (up from €0.17 in 1H 2023). Net income: €2.88m (up 110% from 1H 2023). Revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in Germany. New Risk • Sep 25
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (4.3% increase in shares outstanding). Revenue is less than US$5m (€2.1m revenue, or US$2.4m). Market cap is less than US$100m (€51.6m market cap, or US$57.5m). Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €5.49, the stock trades at a trailing P/E ratio of 23.2x. Average forward P/E is 14x in the IT industry in Germany. Total returns to shareholders of 57% over the past year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €3.76, the stock trades at a trailing P/E ratio of 15.3x. Average forward P/E is 15x in the IT industry in Germany. Total returns to shareholders of 66% over the past year. New Risk • Aug 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risks Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Revenue is less than US$5m (€3.6m revenue, or US$3.9m). Market cap is less than US$100m (€37.5m market cap, or US$40.9m). Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €6.28, the stock trades at a trailing P/E ratio of 24.4x. Average forward P/E is 16x in the IT industry in Germany. Total returns to shareholders of 534% over the past year. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improves as stock rises 40% After last week's 40% share price gain to €7.20, the stock trades at a trailing P/E ratio of 22.3x. Average forward P/E is 18x in the IT industry in Germany. Total returns to shareholders of 637% over the past year. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €6.76, the stock trades at a trailing P/E ratio of 22.6x. Average forward P/E is 17x in the IT industry in Germany. Total returns to shareholders of 581% over the past year. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €4.50, the stock trades at a trailing P/E ratio of 17.9x. Average forward P/E is 17x in the IT industry in Germany. Total returns to shareholders of 346% over the past year. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €3.39, the stock trades at a trailing P/E ratio of 13.6x. Average forward P/E is 15x in the IT industry in Germany. Total returns to shareholders of 324% over the past year. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €3.61, the stock trades at a trailing P/E ratio of 14.4x. Average forward P/E is 15x in the IT industry in Germany. Total returns to shareholders of 327% over the past year. Reported Earnings • Sep 27
First half 2023 earnings released First half 2023 results: Net income: €1.37m (up €1.37m from 1H 2022). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Germany. New Risk • Jul 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 37% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). High level of non-cash earnings (37% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (6.4% net profit margin). Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Revenue is less than US$5m (€4.1m revenue, or US$4.4m). Market cap is less than US$100m (€17.7m market cap, or US$19.3m). Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to €2.39, the stock trades at a trailing P/E ratio of 73.5x. Average forward P/E is 17x in the IT industry in Germany. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 63% After last week's 63% share price gain to €1.97, the stock trades at a trailing P/E ratio of 64.5x. Average forward P/E is 20x in the IT industry in Germany.