View Future GrowthB+S Banksysteme 過去の業績過去 基準チェック /26B+S Banksystemeは、平均年間57.1%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% 5.5%収益成長率で 成長しています。 B+S Banksystemeの自己資本利益率は8.8%であり、純利益率は11%です。主要情報57.11%収益成長率57.62%EPS成長率Software 業界の成長14.88%収益成長率5.53%株主資本利益率8.76%ネット・マージン11.01%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Oct 09Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.20 (up from €0.071 in FY 2023). Revenue: €13.0m (up 16% from FY 2023). Net income: €1.24m (up 180% from FY 2023). Profit margin: 9.5% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 21First half 2024 earnings released: EPS: €0.05 (vs €0.01 loss in 1H 2023)First half 2024 results: EPS: €0.05 (up from €0.01 loss in 1H 2023). Revenue: €5.80m (up 12% from 1H 2023). Net income: €339.0k (up €399.0k from 1H 2023). Profit margin: 5.8% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 11Full year 2023 earnings released: EPS: €0.071 (vs €0.004 in FY 2022)Full year 2023 results: EPS: €0.071 (up from €0.004 in FY 2022). Revenue: €11.5m (up 3.6% from FY 2022). Net income: €441.0k (up €414.0k from FY 2022). Profit margin: 3.8% (up from 0.2% in FY 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 18First half 2022 earnings: EPS and revenues miss analyst expectationsFirst half 2022 results: EPS: €0.01 (down from €0.02 in 1H 2021). Revenue: €5.63m (up 11% from 1H 2021). Net income: €81.0k (down 35% from 1H 2021). Profit margin: 1.4% (down from 2.5% in 1H 2021). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 67%. Over the next year, revenue is forecast to grow 3.0%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 03Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €11.2m (up 13% from FY 2020). Net income: €192.0k (up €466.0k from FY 2020). Profit margin: 1.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue.Reported Earnings • Feb 18First half 2021 earnings released: EPS €0.02 (vs €0.03 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €5.09m (up 1.0% from 1H 2020). Net income: €144.0k (down 17% from 1H 2020). Profit margin: 2.8% (down from 3.5% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesお知らせ • Jan 16B+S Banksysteme Aktiengesellschaft, Annual General Meeting, Feb 26, 2026B+S Banksysteme Aktiengesellschaft, Annual General Meeting, Feb 26, 2026, at 10:00 W. Europe Standard Time.Price Target Changed • Dec 30Price target increased by 8.9% to €4.90Up from €4.50, the current price target is provided by 1 analyst. New target price is 133% above last closing price of €2.10. Stock is up 6.1% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.23 last year.Reported Earnings • Oct 09Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.20 (up from €0.071 in FY 2023). Revenue: €13.0m (up 16% from FY 2023). Net income: €1.24m (up 180% from FY 2023). Profit margin: 9.5% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.New Risk • Sep 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (€12.4m market cap, or US$13.6m).Price Target Changed • May 23Price target increased by 18% to €4.00Up from €3.40, the current price target is provided by 1 analyst. New target price is 144% above last closing price of €1.64. Stock is up 8.6% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.071 last year.Reported Earnings • Feb 21First half 2024 earnings released: EPS: €0.05 (vs €0.01 loss in 1H 2023)First half 2024 results: EPS: €0.05 (up from €0.01 loss in 1H 2023). Revenue: €5.80m (up 12% from 1H 2023). Net income: €339.0k (up €399.0k from 1H 2023). Profit margin: 5.8% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.New Risk • Feb 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.19m (US$9.91m) 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 Risk Market cap is less than US$10m (€9.19m market cap, or US$9.91m). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results.New Risk • Oct 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€10.7m market cap, or US$11.2m).Reported Earnings • Oct 11Full year 2023 earnings released: EPS: €0.071 (vs €0.004 in FY 2022)Full year 2023 results: EPS: €0.071 (up from €0.004 in FY 2022). Revenue: €11.5m (up 3.6% from FY 2022). Net income: €441.0k (up €414.0k from FY 2022). Profit margin: 3.8% (up from 0.2% in FY 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.New Risk • Jul 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 6.8% 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: Major Risk Latest financial reports are more than 1 year old (reported December 2021 fiscal period end). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (€12.7m market cap, or US$13.8m).Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €1.79, the stock trades at a forward P/E ratio of 98x. Average forward P/E is 27x in the Software industry in Germany. Total loss to shareholders of 3.2% over the past three years.Buying Opportunity • Jun 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.2%. The fair value is estimated to be €1.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 35% per annum over the same time period.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.62, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 23x in the Software industry in Germany. Total loss to shareholders of 26% over the past three years.Price Target Changed • Nov 16Price target decreased to €4.30Down from €4.70, the current price target is provided by 1 analyst. New target price is 103% above last closing price of €2.12. Stock is down 42% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.Price Target Changed • Nov 05Price target decreased to €4.30Down from €4.70, the current price target is provided by 1 analyst. New target price is 100% above last closing price of €2.15. Stock is down 55% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.Price Target Changed • Apr 27Price target decreased to €4.70Down from €5.60, the current price target is provided by 1 analyst. New target price is 67% above last closing price of €2.81. Stock is down 33% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.Price Target Changed • Mar 02Price target decreased to €4.70Down from €5.80, the current price target is provided by 1 analyst. New target price is 94% above last closing price of €2.42. Stock is down 31% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.Reported Earnings • Feb 18First half 2022 earnings: EPS and revenues miss analyst expectationsFirst half 2022 results: EPS: €0.01 (down from €0.02 in 1H 2021). Revenue: €5.63m (up 11% from 1H 2021). Net income: €81.0k (down 35% from 1H 2021). Profit margin: 1.4% (down from 2.5% in 1H 2021). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 67%. Over the next year, revenue is forecast to grow 3.0%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 03Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €11.2m (up 13% from FY 2020). Net income: €192.0k (up €466.0k from FY 2020). Profit margin: 1.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue.Is New 90 Day High Low • Feb 21New 90-day high: €3.66The company is up 59% from its price of €2.30 on 20 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 7.0% over the same period.Reported Earnings • Feb 18First half 2021 earnings released: EPS €0.02 (vs €0.03 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €5.09m (up 1.0% from 1H 2020). Net income: €144.0k (down 17% from 1H 2020). Profit margin: 2.8% (down from 3.5% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 03New 90-day high: €2.64The company is up 12% from its price of €2.36 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 14% over the same period.Price Target Changed • Nov 16Price target raised to €2.50Up from €2.10, the current price target is provided by 1 analyst. The new target price is close to the current share price of €2.42. As of last close, the stock is up 14% over the past year.Is New 90 Day High Low • Oct 22New 90-day high: €2.76The company is up 42% from its price of €1.94 on 24 July 2020. The German market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 11% over the same period.Is New 90 Day High Low • Oct 05New 90-day high: €2.08The company is up 11% from its price of €1.87 on 07 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period.収支内訳B+S Banksysteme 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DB:DTD2 収益、費用、利益 ( )EUR Millions日付収益収益G+A経費研究開発費31 Dec 251310030 Sep 251310030 Jun 251310031 Mar 251320031 Dec 241320030 Sep 241310030 Jun 241310031 Mar 241210031 Dec 231210030 Sep 231210030 Jun 231100031 Mar 231100031 Dec 221100030 Sep 221100030 Jun 221100031 Mar 221100031 Dec 211100030 Sep 211100030 Jun 211000031 Mar 211000031 Dec 201000030 Sep 201000030 Jun 201000031 Mar 201000031 Dec 199-11030 Sep 19901030 Jun 19901031 Mar 19901031 Dec 18901030 Sep 181011030 Jun 181011031 Mar 181021031 Dec 171121030 Sep 171121030 Jun 171021031 Mar 171010031 Dec 16910030 Sep 16810030 Jun 16810031 Mar 16810031 Dec 15810030 Sep 15810030 Jun 158100質の高い収益: DTD2は 高品質の収益 を持っています。利益率の向上: DTD2の現在の純利益率 (11%)は、昨年(13.2%)よりも低くなっています。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: DTD2過去 5 年間で収益を上げており、収益は年間57.1%増加しています。成長の加速: DTD2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: DTD2は過去 1 年間で収益成長率がマイナス ( -14.9% ) 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: DTD2の 自己資本利益率 ( 8.8% ) 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2026/05/20 04:01終値2026/05/20 00:00収益2025/12/31年間収益2025/06/30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B+S Banksysteme Aktiengesellschaft 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。3 アナリスト機関Cosmin FilkerGBC AGAdam JakubowskiSMC ResearchFelix EllmannWarburg Research GmbH
Reported Earnings • Oct 09Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.20 (up from €0.071 in FY 2023). Revenue: €13.0m (up 16% from FY 2023). Net income: €1.24m (up 180% from FY 2023). Profit margin: 9.5% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 21First half 2024 earnings released: EPS: €0.05 (vs €0.01 loss in 1H 2023)First half 2024 results: EPS: €0.05 (up from €0.01 loss in 1H 2023). Revenue: €5.80m (up 12% from 1H 2023). Net income: €339.0k (up €399.0k from 1H 2023). Profit margin: 5.8% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 11Full year 2023 earnings released: EPS: €0.071 (vs €0.004 in FY 2022)Full year 2023 results: EPS: €0.071 (up from €0.004 in FY 2022). Revenue: €11.5m (up 3.6% from FY 2022). Net income: €441.0k (up €414.0k from FY 2022). Profit margin: 3.8% (up from 0.2% in FY 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 18First half 2022 earnings: EPS and revenues miss analyst expectationsFirst half 2022 results: EPS: €0.01 (down from €0.02 in 1H 2021). Revenue: €5.63m (up 11% from 1H 2021). Net income: €81.0k (down 35% from 1H 2021). Profit margin: 1.4% (down from 2.5% in 1H 2021). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 67%. Over the next year, revenue is forecast to grow 3.0%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 03Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €11.2m (up 13% from FY 2020). Net income: €192.0k (up €466.0k from FY 2020). Profit margin: 1.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue.
Reported Earnings • Feb 18First half 2021 earnings released: EPS €0.02 (vs €0.03 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €5.09m (up 1.0% from 1H 2020). Net income: €144.0k (down 17% from 1H 2020). Profit margin: 2.8% (down from 3.5% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 16B+S Banksysteme Aktiengesellschaft, Annual General Meeting, Feb 26, 2026B+S Banksysteme Aktiengesellschaft, Annual General Meeting, Feb 26, 2026, at 10:00 W. Europe Standard Time.
Price Target Changed • Dec 30Price target increased by 8.9% to €4.90Up from €4.50, the current price target is provided by 1 analyst. New target price is 133% above last closing price of €2.10. Stock is up 6.1% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.23 last year.
Reported Earnings • Oct 09Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.20 (up from €0.071 in FY 2023). Revenue: €13.0m (up 16% from FY 2023). Net income: €1.24m (up 180% from FY 2023). Profit margin: 9.5% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
New Risk • Sep 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (€12.4m market cap, or US$13.6m).
Price Target Changed • May 23Price target increased by 18% to €4.00Up from €3.40, the current price target is provided by 1 analyst. New target price is 144% above last closing price of €1.64. Stock is up 8.6% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.071 last year.
Reported Earnings • Feb 21First half 2024 earnings released: EPS: €0.05 (vs €0.01 loss in 1H 2023)First half 2024 results: EPS: €0.05 (up from €0.01 loss in 1H 2023). Revenue: €5.80m (up 12% from 1H 2023). Net income: €339.0k (up €399.0k from 1H 2023). Profit margin: 5.8% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
New Risk • Feb 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.19m (US$9.91m) 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 Risk Market cap is less than US$10m (€9.19m market cap, or US$9.91m). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results.
New Risk • Oct 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€10.7m market cap, or US$11.2m).
Reported Earnings • Oct 11Full year 2023 earnings released: EPS: €0.071 (vs €0.004 in FY 2022)Full year 2023 results: EPS: €0.071 (up from €0.004 in FY 2022). Revenue: €11.5m (up 3.6% from FY 2022). Net income: €441.0k (up €414.0k from FY 2022). Profit margin: 3.8% (up from 0.2% in FY 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
New Risk • Jul 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 6.8% 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: Major Risk Latest financial reports are more than 1 year old (reported December 2021 fiscal period end). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (€12.7m market cap, or US$13.8m).
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €1.79, the stock trades at a forward P/E ratio of 98x. Average forward P/E is 27x in the Software industry in Germany. Total loss to shareholders of 3.2% over the past three years.
Buying Opportunity • Jun 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.2%. The fair value is estimated to be €1.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 35% per annum over the same time period.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.62, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 23x in the Software industry in Germany. Total loss to shareholders of 26% over the past three years.
Price Target Changed • Nov 16Price target decreased to €4.30Down from €4.70, the current price target is provided by 1 analyst. New target price is 103% above last closing price of €2.12. Stock is down 42% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.
Price Target Changed • Nov 05Price target decreased to €4.30Down from €4.70, the current price target is provided by 1 analyst. New target price is 100% above last closing price of €2.15. Stock is down 55% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.
Price Target Changed • Apr 27Price target decreased to €4.70Down from €5.60, the current price target is provided by 1 analyst. New target price is 67% above last closing price of €2.81. Stock is down 33% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.
Price Target Changed • Mar 02Price target decreased to €4.70Down from €5.80, the current price target is provided by 1 analyst. New target price is 94% above last closing price of €2.42. Stock is down 31% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.
Reported Earnings • Feb 18First half 2022 earnings: EPS and revenues miss analyst expectationsFirst half 2022 results: EPS: €0.01 (down from €0.02 in 1H 2021). Revenue: €5.63m (up 11% from 1H 2021). Net income: €81.0k (down 35% from 1H 2021). Profit margin: 1.4% (down from 2.5% in 1H 2021). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 67%. Over the next year, revenue is forecast to grow 3.0%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 03Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €11.2m (up 13% from FY 2020). Net income: €192.0k (up €466.0k from FY 2020). Profit margin: 1.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue.
Is New 90 Day High Low • Feb 21New 90-day high: €3.66The company is up 59% from its price of €2.30 on 20 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 7.0% over the same period.
Reported Earnings • Feb 18First half 2021 earnings released: EPS €0.02 (vs €0.03 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €5.09m (up 1.0% from 1H 2020). Net income: €144.0k (down 17% from 1H 2020). Profit margin: 2.8% (down from 3.5% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 03New 90-day high: €2.64The company is up 12% from its price of €2.36 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 14% over the same period.
Price Target Changed • Nov 16Price target raised to €2.50Up from €2.10, the current price target is provided by 1 analyst. The new target price is close to the current share price of €2.42. As of last close, the stock is up 14% over the past year.
Is New 90 Day High Low • Oct 22New 90-day high: €2.76The company is up 42% from its price of €1.94 on 24 July 2020. The German market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 11% over the same period.
Is New 90 Day High Low • Oct 05New 90-day high: €2.08The company is up 11% from its price of €1.87 on 07 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period.