View Past PerformanceBlockchain Group バランスシートの健全性財務の健全性 基準チェック /56Blockchain Groupの総株主資本は€109.4M 、総負債は€98.4Mで、負債比率は89.9%となります。総資産と総負債はそれぞれ€297.2Mと€187.8Mです。主要情報89.95%負債資本比率€98.36m負債インタレスト・カバレッジ・レシオn/a現金€3.48mエクイティ€109.35m負債合計€187.80m総資産€297.15m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 • 3hNo independent directorsThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). CEO & Director Jean-Philippe Casadepax-Soulet is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.お知らせ • 20hThe Blockchain Group has completed a Follow-on Equity Offering in the amount of €0.855758 million.The Blockchain Group has completed a Follow-on Equity Offering in the amount of €0.855758 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,316,551 Price\Range: €0.65 Transaction Features: Subsequent Direct Listingお知らせ • May 19The Blockchain Group announced that it has received €1.1 million in fundingOn May 18, 2026, The Blockchain Group closed the transaction.お知らせ • May 13The Blockchain Group, Annual General Meeting, Jun 17, 2026The Blockchain Group, Annual General Meeting, Jun 17, 2026. Location: 2 rue ancelle, neuilly sur seine Franceお知らせ • May 04The Blockchain Group announced that it expects to receive €1.1 million in fundingThe Blockchain Group has announced to issue 10,000,000 warrants at an issue price of €0.11 per warrant for €1,100,000 on May 4, 2026. The transaction includes investor participation from strategic investor Adam Back. The warrants are converted into ordinary shares for conversion price of €0.84. The12th EGM held on June 10, 2025. The warrants will mature on May 2, 2029.お知らせ • Apr 13The Blockchain Group announced that it has received €2.845424 million in funding from UTXO Management GP, LLCOn April 13, 2026, The Blockchain Group closed the transaction.お知らせ • Mar 31The Blockchain Group announced that it expects to receive €2.845424 million in funding from UTXO Management GP, LLCThe Blockchain Group announced a private placement of 5,230,559 Ordinary Shares of the company at a price per Share of €0.544 for gross proceeds of € 2,845,424.096 on March 30, 2026. The transaction involves participation from new institutional investor Blockstream Capital Holdings to subscribe up to 4,700,000 ordinary shares of the Company amounting to € 2,556,800 and UTXO Management to subscribe up to 530,559 ordinary shares of the Company amounting € 288,624.096. The transaction has been approved in the first resolution of the General Meeting of February 21, 2025. Blockstream Capital Holdings will receive 32,900,000 ordinary shares upon following the conversion of OCA B-01 and 4,700,000 new shares after subscription totalling to 43,118,442 ordinary shares post-completion of the operations with % capital holding pre-operations of 2.40% and post-operations of 15.88% and 38.00% on fully diluted basis and UTXO Management will receive 3,713,919 shares upon the conversion of OCA B-01 and 530,559 new shares after subscription totaling to 4,244,478 ordinary shares post-completion of the operations with % capital holding pre-operations of 0% and post-operations of 1.56% and 1.07% on fully diluted basis.お知らせ • Mar 23The Blockchain Group has filed a Follow-on Equity Offering in the amount of €0.509129 million.The Blockchain Group has filed a Follow-on Equity Offering in the amount of €0.509129 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 669,906 Price\Range: €0.76 Transaction Features: Subsequent Direct Listingお知らせ • Mar 17The Blockchain Group announced that it expects to receive €3.013 million in fundingThe Blockchain Group has announced to issue 18,300,000 convertible bonds at the price of €0.11 for the gross proceeds of €2,013,000 and 9,090,910 share subscription warrants at the price of €0.11 for the gross proceeds of €1,000,000.10 for the total aggregates of €3,013,000.10 on March 17, 2026. The transaction involves the new and returning investor participation of TOBAM for 18,300,000 bonds and UTXO Management for 9,090,910 warrants. Each bond and warrant granting the right to subscribe to 1 ordinary share of the company. The transaction is approved by the board of directors in 12th resolution of the combined general meeting of June 10, 2025. The bonds have a maturity date of March 10, 2029.お知らせ • Sep 16The Blockchain Group announced that it has received €50 million in fundingannounced that it has raised €50 million in a round of funding on September 15, 2025. The transaction included participation from new investor Blockchain.com and existing investor Tobam.お知らせ • Jul 28The Blockchain Group announced that it has received €4.999998 million in fundingOn July 28, 2025, the company has closed the transaction and received €4,999,998.20. The transaction included participation from the individual investor Adam Back.お知らせ • Jul 14The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.997384 million.The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.997384 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 739,000 Price\Range: €4.056 Transaction Features: Subsequent Direct Listingお知らせ • Jul 08The Blockchain Group announced that it has received €1.051775 million in funding from TOBAM S.A.S.On July 7, 2025, The Blockchain Group closed the transaction.お知らせ • May 27The Blockchain Group announced that it expects to receive €63.3 million in fundingThe Blockchain Group announced a private placement that it will issue convertible bond for the aggregate gross proceeds of up to €63,300,000 on May 26, 2025.お知らせ • May 06The Blockchain Group, Annual General Meeting, Jun 10, 2025The Blockchain Group, Annual General Meeting, Jun 10, 2025. Location: tour w 102 terrasses boieldieu, puteaux Franceお知らせ • Dec 05The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.499998 million.The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.499998 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,333,328 Price\Range: €0.3New Risk • Nov 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.0% 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 Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Earnings have declined by 82% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (7.0% increase in shares outstanding). Market cap is less than US$100m (€20.4m market cap, or US$21.7m).Reported Earnings • Oct 31First half 2024 earnings released: EPS: €0.017 (vs €0.093 loss in 1H 2023)First half 2024 results: EPS: €0.017 (up from €0.093 loss in 1H 2023). Revenue: €8.35m (down 32% from 1H 2023). Net income: €1.38m (up €6.77m from 1H 2023). Profit margin: 17% (up from net loss in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.Board Change • Aug 15Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Chairman Jean-François Descaves was the last director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 26The Blockchain Group, Annual General Meeting, Jun 28, 2024The Blockchain Group, Annual General Meeting, Jun 28, 2024. Location: tour w 102 terrasses boieldieu, puteaux FranceNew Risk • Oct 19New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.32m (US$9.85m) This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (34% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Market cap is less than US$10m (€9.32m market cap, or US$9.85m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (€2.4m net loss in 2 years).New Risk • Sep 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€2.4m net loss in 2 years). Market cap is less than US$100m (€9.48m market cap, or US$10.2m).Reported Earnings • May 30Full year 2022 earnings released: €0.087 loss per share (vs €0.013 loss in FY 2021)Full year 2022 results: €0.087 loss per share (further deteriorated from €0.013 loss in FY 2021). Revenue: €26.0m (up 38% from FY 2021). Net loss: €5.02m (loss widened €4.51m from FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.3% 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 101 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 20First half 2022 earnings released: €0.067 loss per share (vs €0.002 loss in 1H 2021)First half 2022 results: €0.067 loss per share (further deteriorated from €0.002 loss in 1H 2021). Revenue: €13.6m (up 85% from 1H 2021). Net loss: €2.77m (loss widened €2.70m from 1H 2021). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 7.8% 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 95 percentage points per year, which is a significant difference in performance.Board Change • Nov 18No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CFO & Board member Rodolphe Cadio was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Buying Opportunity • May 07Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €1.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 153% in 2 years. Earnings is forecast to grow by 342% in the next 2 years.Board Change • Apr 29No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CFO & Board member Rodolphe Cadio was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Buying Opportunity • Apr 08Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €1.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 153% in 2 years. Earnings is forecast to grow by 342% in the next 2 years.Buying Opportunity • Mar 03Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.4%. The fair value is estimated to be €1.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.Buying Opportunity • Feb 15Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be €1.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.Buying Opportunity • Jan 25Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 1.8%. The fair value is estimated to be €1.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €1.13, the stock trades at a forward P/E ratio of 122x. Average forward P/E is 32x in the Software industry in Germany. Total returns to shareholders of 218% over the past three years.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 20% share price gain to €1.45, the stock trades at a forward P/E ratio of 143x. Average forward P/E is 34x in the Software industry in Germany. Total returns to shareholders of 79% over the past year.Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 21% share price gain to €1.25, the stock trades at a forward P/E ratio of 125x. Average forward P/E is 35x in the Software industry in Germany. Total returns to shareholders of 76% over the past year.Valuation Update With 7 Day Price Move • Jul 01Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.31, the stock trades at a forward P/E ratio of 132x. Average forward P/E is 34x in the Software industry in Germany. Total returns to shareholders of 192% over the past year.Reported Earnings • Apr 17Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: €9.52m (up 289% from FY 2019). Net income: €724.0k (up 240% from FY 2019). Profit margin: 7.6% (down from 8.7% in FY 2019). The decrease in margin was driven by higher expenses.お知らせ • Feb 17The Blockchain Group (ENXTPA:ALTBG) completed the acquisition of S2M Group.The Blockchain Group (ENXTPA:ALTBG) agreed to acquire S2M Group on January 28, 2021. In a related transaction, The Blockchain Group agreed to acquire Trimane. Vincent Poirier, Karine Khau-Castelle and Julien Demeulenaère of ALERION Société d'Avocats acted as legal advisors to Blockchain Group. The Blockchain Group (ENXTPA:ALTBG) completed the acquisition of S2M Group on February 15, 2021.お知らせ • Jan 29+ 1 more updateThe Blockchain Group (ENXTPA:ALTBG) agreed to acquire S2M Group.The Blockchain Group (ENXTPA:ALTBG) agreed to acquire S2M Group on January 28, 2021. In a related transaction, The Blockchain Group agreed to acquire Trimane.Is New 90 Day High Low • Dec 28New 90-day high: €2.20The company is up 200% from its price of €0.73 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 19% over the same period.Is New 90 Day High Low • Dec 08New 90-day high: €1.82The company is up 133% from its price of €0.78 on 09 September 2020. The German market is up 3.0% 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.Is New 90 Day High Low • Nov 17New 90-day high: €1.08The company is up 7.0% from its price of €1.01 on 19 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 23% over the same period.財務状況分析短期負債: BC7の 短期資産 ( €280.0M ) が 短期負債 ( €33.0M ) を超えています。長期負債: BC7の短期資産 ( €280.0M ) が 長期負債 ( €154.8M ) 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: BC7の 純負債対資本比率 ( 86.8% ) は 高い と見なされます。負債の削減: BC7の負債対資本比率は、過去 5 年間で110.9%から89.9%に減少しました。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: BC7は、前回報告された フリーキャッシュフロー に基づいて7か月分の十分な キャッシュランウェイ を有していますが、その後追加の資本を調達しました。キャッシュランウェイの予測: BC7フリーキャッシュフロー 推定値 に基づいて5か月間十分なキャッシュランウェイがあると予測されていますが、その後、追加の資本を調達しました。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2026/05/20 01:59終値2026/05/20 00:00収益2025/12/31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The Blockchain Group 0 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Loic WolfGreenSome FinanceThomas DelhayeIn Extenso Financement & MarchéPauline RouxStifel, formerly Bryan Garnier
Board Change • 3hNo independent directorsThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). CEO & Director Jean-Philippe Casadepax-Soulet is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
お知らせ • 20hThe Blockchain Group has completed a Follow-on Equity Offering in the amount of €0.855758 million.The Blockchain Group has completed a Follow-on Equity Offering in the amount of €0.855758 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,316,551 Price\Range: €0.65 Transaction Features: Subsequent Direct Listing
お知らせ • May 19The Blockchain Group announced that it has received €1.1 million in fundingOn May 18, 2026, The Blockchain Group closed the transaction.
お知らせ • May 13The Blockchain Group, Annual General Meeting, Jun 17, 2026The Blockchain Group, Annual General Meeting, Jun 17, 2026. Location: 2 rue ancelle, neuilly sur seine France
お知らせ • May 04The Blockchain Group announced that it expects to receive €1.1 million in fundingThe Blockchain Group has announced to issue 10,000,000 warrants at an issue price of €0.11 per warrant for €1,100,000 on May 4, 2026. The transaction includes investor participation from strategic investor Adam Back. The warrants are converted into ordinary shares for conversion price of €0.84. The12th EGM held on June 10, 2025. The warrants will mature on May 2, 2029.
お知らせ • Apr 13The Blockchain Group announced that it has received €2.845424 million in funding from UTXO Management GP, LLCOn April 13, 2026, The Blockchain Group closed the transaction.
お知らせ • Mar 31The Blockchain Group announced that it expects to receive €2.845424 million in funding from UTXO Management GP, LLCThe Blockchain Group announced a private placement of 5,230,559 Ordinary Shares of the company at a price per Share of €0.544 for gross proceeds of € 2,845,424.096 on March 30, 2026. The transaction involves participation from new institutional investor Blockstream Capital Holdings to subscribe up to 4,700,000 ordinary shares of the Company amounting to € 2,556,800 and UTXO Management to subscribe up to 530,559 ordinary shares of the Company amounting € 288,624.096. The transaction has been approved in the first resolution of the General Meeting of February 21, 2025. Blockstream Capital Holdings will receive 32,900,000 ordinary shares upon following the conversion of OCA B-01 and 4,700,000 new shares after subscription totalling to 43,118,442 ordinary shares post-completion of the operations with % capital holding pre-operations of 2.40% and post-operations of 15.88% and 38.00% on fully diluted basis and UTXO Management will receive 3,713,919 shares upon the conversion of OCA B-01 and 530,559 new shares after subscription totaling to 4,244,478 ordinary shares post-completion of the operations with % capital holding pre-operations of 0% and post-operations of 1.56% and 1.07% on fully diluted basis.
お知らせ • Mar 23The Blockchain Group has filed a Follow-on Equity Offering in the amount of €0.509129 million.The Blockchain Group has filed a Follow-on Equity Offering in the amount of €0.509129 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 669,906 Price\Range: €0.76 Transaction Features: Subsequent Direct Listing
お知らせ • Mar 17The Blockchain Group announced that it expects to receive €3.013 million in fundingThe Blockchain Group has announced to issue 18,300,000 convertible bonds at the price of €0.11 for the gross proceeds of €2,013,000 and 9,090,910 share subscription warrants at the price of €0.11 for the gross proceeds of €1,000,000.10 for the total aggregates of €3,013,000.10 on March 17, 2026. The transaction involves the new and returning investor participation of TOBAM for 18,300,000 bonds and UTXO Management for 9,090,910 warrants. Each bond and warrant granting the right to subscribe to 1 ordinary share of the company. The transaction is approved by the board of directors in 12th resolution of the combined general meeting of June 10, 2025. The bonds have a maturity date of March 10, 2029.
お知らせ • Sep 16The Blockchain Group announced that it has received €50 million in fundingannounced that it has raised €50 million in a round of funding on September 15, 2025. The transaction included participation from new investor Blockchain.com and existing investor Tobam.
お知らせ • Jul 28The Blockchain Group announced that it has received €4.999998 million in fundingOn July 28, 2025, the company has closed the transaction and received €4,999,998.20. The transaction included participation from the individual investor Adam Back.
お知らせ • Jul 14The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.997384 million.The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.997384 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 739,000 Price\Range: €4.056 Transaction Features: Subsequent Direct Listing
お知らせ • Jul 08The Blockchain Group announced that it has received €1.051775 million in funding from TOBAM S.A.S.On July 7, 2025, The Blockchain Group closed the transaction.
お知らせ • May 27The Blockchain Group announced that it expects to receive €63.3 million in fundingThe Blockchain Group announced a private placement that it will issue convertible bond for the aggregate gross proceeds of up to €63,300,000 on May 26, 2025.
お知らせ • May 06The Blockchain Group, Annual General Meeting, Jun 10, 2025The Blockchain Group, Annual General Meeting, Jun 10, 2025. Location: tour w 102 terrasses boieldieu, puteaux France
お知らせ • Dec 05The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.499998 million.The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.499998 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,333,328 Price\Range: €0.3
New Risk • Nov 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.0% 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 Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Earnings have declined by 82% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (7.0% increase in shares outstanding). Market cap is less than US$100m (€20.4m market cap, or US$21.7m).
Reported Earnings • Oct 31First half 2024 earnings released: EPS: €0.017 (vs €0.093 loss in 1H 2023)First half 2024 results: EPS: €0.017 (up from €0.093 loss in 1H 2023). Revenue: €8.35m (down 32% from 1H 2023). Net income: €1.38m (up €6.77m from 1H 2023). Profit margin: 17% (up from net loss in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.
Board Change • Aug 15Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Chairman Jean-François Descaves was the last director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 26The Blockchain Group, Annual General Meeting, Jun 28, 2024The Blockchain Group, Annual General Meeting, Jun 28, 2024. Location: tour w 102 terrasses boieldieu, puteaux France
New Risk • Oct 19New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.32m (US$9.85m) This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (34% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Market cap is less than US$10m (€9.32m market cap, or US$9.85m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (€2.4m net loss in 2 years).
New Risk • Sep 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€2.4m net loss in 2 years). Market cap is less than US$100m (€9.48m market cap, or US$10.2m).
Reported Earnings • May 30Full year 2022 earnings released: €0.087 loss per share (vs €0.013 loss in FY 2021)Full year 2022 results: €0.087 loss per share (further deteriorated from €0.013 loss in FY 2021). Revenue: €26.0m (up 38% from FY 2021). Net loss: €5.02m (loss widened €4.51m from FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.3% 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 101 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 20First half 2022 earnings released: €0.067 loss per share (vs €0.002 loss in 1H 2021)First half 2022 results: €0.067 loss per share (further deteriorated from €0.002 loss in 1H 2021). Revenue: €13.6m (up 85% from 1H 2021). Net loss: €2.77m (loss widened €2.70m from 1H 2021). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 7.8% 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 95 percentage points per year, which is a significant difference in performance.
Board Change • Nov 18No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CFO & Board member Rodolphe Cadio was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Buying Opportunity • May 07Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €1.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 153% in 2 years. Earnings is forecast to grow by 342% in the next 2 years.
Board Change • Apr 29No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CFO & Board member Rodolphe Cadio was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Buying Opportunity • Apr 08Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €1.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 153% in 2 years. Earnings is forecast to grow by 342% in the next 2 years.
Buying Opportunity • Mar 03Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.4%. The fair value is estimated to be €1.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.
Buying Opportunity • Feb 15Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be €1.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.
Buying Opportunity • Jan 25Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 1.8%. The fair value is estimated to be €1.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €1.13, the stock trades at a forward P/E ratio of 122x. Average forward P/E is 32x in the Software industry in Germany. Total returns to shareholders of 218% over the past three years.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 20% share price gain to €1.45, the stock trades at a forward P/E ratio of 143x. Average forward P/E is 34x in the Software industry in Germany. Total returns to shareholders of 79% over the past year.
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 21% share price gain to €1.25, the stock trades at a forward P/E ratio of 125x. Average forward P/E is 35x in the Software industry in Germany. Total returns to shareholders of 76% over the past year.
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.31, the stock trades at a forward P/E ratio of 132x. Average forward P/E is 34x in the Software industry in Germany. Total returns to shareholders of 192% over the past year.
Reported Earnings • Apr 17Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: €9.52m (up 289% from FY 2019). Net income: €724.0k (up 240% from FY 2019). Profit margin: 7.6% (down from 8.7% in FY 2019). The decrease in margin was driven by higher expenses.
お知らせ • Feb 17The Blockchain Group (ENXTPA:ALTBG) completed the acquisition of S2M Group.The Blockchain Group (ENXTPA:ALTBG) agreed to acquire S2M Group on January 28, 2021. In a related transaction, The Blockchain Group agreed to acquire Trimane. Vincent Poirier, Karine Khau-Castelle and Julien Demeulenaère of ALERION Société d'Avocats acted as legal advisors to Blockchain Group. The Blockchain Group (ENXTPA:ALTBG) completed the acquisition of S2M Group on February 15, 2021.
お知らせ • Jan 29+ 1 more updateThe Blockchain Group (ENXTPA:ALTBG) agreed to acquire S2M Group.The Blockchain Group (ENXTPA:ALTBG) agreed to acquire S2M Group on January 28, 2021. In a related transaction, The Blockchain Group agreed to acquire Trimane.
Is New 90 Day High Low • Dec 28New 90-day high: €2.20The company is up 200% from its price of €0.73 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 19% over the same period.
Is New 90 Day High Low • Dec 08New 90-day high: €1.82The company is up 133% from its price of €0.78 on 09 September 2020. The German market is up 3.0% 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.
Is New 90 Day High Low • Nov 17New 90-day high: €1.08The company is up 7.0% from its price of €1.01 on 19 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 23% over the same period.