Board Change • Dec 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Markus Kreipl was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Oct 01
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2022. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2022 fiscal period end). Share price has been highly volatile over the past 3 months (61% average weekly change). Negative equity (-€1.0). Market cap is less than US$10m (€185.5k market cap, or US$196.1k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€8.6m net loss in 3 years). Revenue is less than US$5m (€969k revenue, or US$1.0m). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). Vice Chairman Achim Betz 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. Reported Earnings • Oct 01
First half 2022 earnings released: EPS: €0 (vs €1.80 loss in 1H 2021) First half 2022 results: EPS: €0 (improved from €1.80 loss in 1H 2021). Net loss: €7.34m (flat on 1H 2021). Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). Vice Chairman Achim Betz 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. Reported Earnings • Apr 15
Full year 2021 earnings released Full year 2021 results: Net loss: €14.7m (loss widened 26% from FY 2020). Over the next year, revenue is forecast to grow 189%, compared to a 27% growth forecast for the industry in Germany. Price Target Changed • Oct 30
Price target decreased to €6.50 Down from €9.40, the current price target is provided by 1 analyst. New target price is 152% above last closing price of €2.58. Stock is up 7.5% over the past year. The company posted a net loss per share of €2.84 last year. Reported Earnings • May 06
Full year 2020 earnings released Full year 2020 results: Net loss: €11.7m (loss narrowed 12% from FY 2019). Price Target Changed • Jan 29
Price target raised to €9.40 Up from €8.50, the current price target is provided by 1 analyst. The new target price is 90% above the current share price of €4.94. As of last close, the stock is down 36% over the past year. Is New 90 Day High Low • Jan 27
New 90-day high: €5.70 The company is up 152% from its price of €2.26 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 27% over the same period. Is New 90 Day High Low • Oct 16
New 90-day low: €2.38 The company is down 64% from its price of €6.60 on 17 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. Reported Earnings • Oct 03
First half earnings released Over the last 12 months the company has reported total losses of €13.5m, with losses narrowing by 49% from the prior year. Is New 90 Day High Low • Sep 29
New 90-day low: €3.18 The company is down 53% from its price of €6.70 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period.