Breakeven Date Change • May 20
Forecast breakeven date pushed back to 2028 The analyst covering XTPL previously expected the company to break even in 2026. New forecast suggests losses will reduce by 63% per year to 2027. The company is expected to make a profit of zł8.56m in 2028. Average annual earnings growth of 83% is required to achieve expected profit on schedule. Breakeven Date Change • Dec 30
Forecast breakeven date pushed back to 2027 The analyst covering XTPL previously expected the company to break even in 2026. New forecast suggests losses will reduce by 54% per year to 2026. The company is expected to make a profit of zł5.20m in 2027. Average annual earnings growth of 96% is required to achieve expected profit on schedule. お知らせ • Jan 23
XTPL S.A. Maintains Sales Guidance for the Year 2026 XTPL S.A. maintained sales guidance for the year 2026. For the year, the company maintains its goal to achieve PLN 100 million in commercial sales in 2026. Breakeven Date Change • Dec 30
Forecast breakeven date pushed back to 2026 The analyst covering XTPL previously expected the company to break even in 2025. New forecast suggests losses will reduce by 37% per year to 2025. The company is expected to make a profit of zł20.7m in 2026. Average annual earnings growth of 118% is required to achieve expected profit on schedule. Reported Earnings • Nov 08
Third quarter 2024 earnings released: zł3.29 loss per share (vs zł0.37 loss in 3Q 2023) Third quarter 2024 results: zł3.29 loss per share (further deteriorated from zł0.37 loss in 3Q 2023). Revenue: zł1.16m (down 71% from 3Q 2023). Net loss: zł7.74m (loss widened zł6.90m from 3Q 2023). Revenue is forecast to grow 94% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. New Risk • Sep 24
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -zł22m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-zł22m). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Revenue is less than US$5m (zł15m revenue, or US$3.9m). Market cap is less than US$100m (€50.2m market cap, or US$56.2m). Reported Earnings • Sep 24
Second quarter 2024 earnings released: zł1.95 loss per share (vs zł0.72 loss in 2Q 2023) Second quarter 2024 results: zł1.95 loss per share (further deteriorated from zł0.72 loss in 2Q 2023). Revenue: zł3.24m (down 2.1% from 2Q 2023). Net loss: zł4.58m (loss widened 214% from 2Q 2023). Revenue is forecast to grow 82% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 09
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -zł18m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-zł18m free cash flow). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (zł15m revenue, or US$3.8m). Market cap is less than US$100m (€62.9m market cap, or US$68.1m). お知らせ • Jun 05
XTPL S.A., Annual General Meeting, Jun 28, 2024 XTPL S.A., Annual General Meeting, Jun 28, 2024. Reported Earnings • May 02
Full year 2023 earnings released: zł2.11 loss per share (vs zł1.11 loss in FY 2022) Full year 2023 results: zł2.11 loss per share (further deteriorated from zł1.11 loss in FY 2022). Revenue: zł15.5m (up 21% from FY 2022). Net loss: zł4.85m (loss widened 115% from FY 2022). Revenue is forecast to grow 58% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 24
Third quarter 2023 earnings released: zł0.37 loss per share (vs zł0.29 profit in 3Q 2022) Third quarter 2023 results: zł0.37 loss per share (down from zł0.29 profit in 3Q 2022). Revenue: zł3.94m (up 5.5% from 3Q 2022). Net loss: zł843.0k (down 241% from profit in 3Q 2022). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Breakeven Date Change • Sep 21
Forecast to breakeven in 2024 The analyst covering XTPL expects the company to break even for the first time. New forecast suggests the company will make a profit of zł3.05m in 2024. Average annual earnings growth of 122% is required to achieve expected profit on schedule. New Risk • Aug 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Revenue is less than US$5m (zł12m revenue, or US$3.0m). Market cap is less than US$100m (€85.5m market cap, or US$94.1m). お知らせ • Jun 13
XTPL S.A., Annual General Meeting, Jun 30, 2023 XTPL S.A., Annual General Meeting, Jun 30, 2023, at 12:00 Central European Standard Time.