View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsPenneo 配当と自社株買い配当金 基準チェック /06Penneo配当金を支払った記録がありません。主要情報n/a配当利回り-0.5%バイバック利回り総株主利回り-0.5%将来の配当利回り0%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesRecent Insider Transactions Derivative • Feb 06CEO & Member of Executive Board exercised options to buy kr.7.2m worth of stock.On the 4th of February, Christian Stendevad exercised 556.56k options at around kr.10.24, then sold 117.68k of them at kr.16.50 each and kept the remainder. Since March 2024, Christian's direct individual holding has decreased from 21.55k shares to 0. Company insiders have collectively bought kr.1.6m more than they sold, via options and on-market transactions, in the last 12 months.New Risk • Jan 29New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 16% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr.551.2m market cap, or US$76.8m).お知らせ • Nov 29Visma Danmark Holding A/S entered into a binding agreement to acquire Penneo A/S (CPSE:PENNEO) from group of sellers for approximately DKK 560 million.Visma Danmark Holding A/S entered into a binding agreement to acquire Penneo A/S (CPSE:PENNEO) from group of sellers for approximately DKK 560 million on November 29, 2024. Visma Danmark Holding and Penneo have today entered into a binding agreement pursuant to which Visma will make an all-cash voluntary recommended public takeover offer to acquire all of the shares (excluding treasury shares) in Penneo at a price of DKK 16.5 per share. Visma has sufficient capital to finance the Offer and its purchase of the Penneo shares by cash payment backed by a parent guarantee provided by Visma AS. Visma has received irrevocable undertakings to accept the Offer at the Offer Price subject to certain customary conditions, from the following shareholders in Penneo i.e., The irrevocable undertakings represent jointly approximately 43.0 % of the voting rights and share capital in Penneo, Irrevocable undertakings provided by Viking Venture 29 AS and the founders will remain in force regardless of any competing offers being made, Furthermore, ATP, whose ownership amounts to 3,374,000 shares, corresponding to approx. 9.9 % of the voting rights and share capital in Penneo, has confirmed its intention to accept the Offer absent any superior competing offer. Consequently, shareholders representing a total of 17,999,724 shares, corresponding to approx. 52.9 % of the voting rights and share capital in Penneo, have either entered into irrevocable undertakings or confirmed their intention to accept the Offer. The offer period is initially expected to expire four (4) weeks after publication of the offer document but can be extended including in order to allow time for satisfaction of the regulatory conditions. No later than three (3) business days after expiry of the offer period (as may be extended), Visma will publish the final result of the Offer. Completion of the Offer is expected to occur around January 31, 2025. The board of directors of Penneo has unanimously resolved and today confirmed in the Agreement entered into with Visma that it will recommend the shareholders of Penneo to accept the Offer. The Offer will be made subject to a number of customary conditions, as well as a requirement that the total number of tendered shares in the Offer will amount to more than 90.0 % of the voting rights and share capital of Penneo and that necessary approvals by relevant regulatory authorities are obtained. Visma has appointed ABG Sundal Collier Denmark, filial af ABG Sundal Collier ASA, Norge as financial advisor as well as Accura Advokatpartnerselskab as legal advisor in connection with the Offer.分析記事 • Nov 23Penneo A/S (CPH:PENNEO) Released Earnings Last Week And Analysts Lifted Their Price Target To kr.10.00As you might know, Penneo A/S ( CPH:PENNEO ) last week released its latest quarterly, and things did not turn out so...Reported Earnings • Nov 21Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: kr.0.22 loss per share (improved from kr.0.35 loss in 3Q 2023). Revenue: kr.17.0m (up 7.0% from 3Q 2023). Net loss: kr.7.40m (loss narrowed 36% from 3Q 2023). Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates by 69%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.Breakeven Date Change • Nov 21Forecast to breakeven in 2025The analyst covering Penneo expects the company to break even for the first time. New forecast suggests the company will make a profit of kr.3.70m in 2025. Average annual earnings growth of 86% is required to achieve expected profit on schedule.Major Estimate Revision • Oct 13Consensus EPS estimates upgraded to kr.0.29 loss, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from kr.107.8m to kr.104.1m. 2024 losses expected to reduce from -kr.0.34 to -kr.0.29 per share. Software industry in Denmark expected to see average net income growth of 32% next year. Consensus price target of kr.10.00 unchanged from last update. Share price was steady at kr.8.08 over the past week.お知らせ • Sep 24André Clement to Step Down as Chief Commercial Officer of Penneo A/SPenneo A/S announced that André Clement, Chief Commercial Officer (CCO) and co-founder of Penneo, is stepping down from his position to pursue new opportunities in the startup environment. André Clement will stay with Penneo until the end of 2024 to ensure a smooth transition and continuity of his responsibilities.New Risk • Sep 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 5.7% 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: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (kr.303.2m market cap, or US$45.2m).分析記事 • Aug 31kr.10.00 - That's What Analysts Think Penneo A/S (CPH:PENNEO) Is Worth After These ResultsShareholders will be ecstatic, with their stake up 23% over the past week following Penneo A/S 's ( CPH:PENNEO ) latest...Reported Earnings • Aug 29Second quarter 2024 earnings: EPS in line with expectations, revenues disappointSecond quarter 2024 results: kr.0.11 loss per share (improved from kr.0.29 loss in 2Q 2023). Revenue: kr.24.0m (up 9.5% from 2Q 2023). Net loss: kr.3.73m (loss narrowed 60% from 2Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.お知らせ • Aug 28+ 4 more updatesPenneo A/S to Report Fiscal Year 2024 Results on Mar 05, 2025Penneo A/S announced that they will report fiscal year 2024 results on Mar 05, 2025Major Estimate Revision • May 24Consensus EPS estimates fall by 64%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -kr.0.22 to -kr.0.36 per share. Revenue forecast unchanged at kr.108.3m. Software industry in Denmark expected to see average net income growth of 32% next year. Consensus price target of kr.10.00 unchanged from last update. Share price rose 8.0% to kr.8.10 over the past week.Breakeven Date Change • May 24Forecast breakeven date pushed back to 2026The analyst covering Penneo previously expected the company to break even in 2025. New forecast suggests losses will reduce by 75% per year to 2025. The company is expected to make a profit of kr.8.00m in 2026. Average annual earnings growth of 81% is required to achieve expected profit on schedule.Major Estimate Revision • Apr 25Consensus EPS estimates upgraded to kr.0.22 lossThe consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -kr.0.27 per share to -kr.0.22 per share. Revenue forecast reaffirmed at kr.109.3m. Software industry in Denmark expected to see average net income growth of 30% next year. Consensus price target of kr.10.00 unchanged from last update. Share price was steady at kr.7.10 over the past week.Breakeven Date Change • Apr 24Forecast breakeven date moved forward to 2025The analyst covering Penneo previously expected the company to break even in 2026. New forecast suggests losses will reduce by 66% to 2024. The company is expected to make a profit of kr.1.10m in 2025. Average annual earnings growth of 84% is required to achieve expected profit on schedule.Recent Insider Transactions • Mar 14Chief Financial Officer recently sold kr.429k worth of stockOn the 11th of March, Casper Christiansen sold around 53k shares on-market at roughly kr.8.17 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr.930k. Casper has been a net seller over the last 12 months, reducing personal holdings by kr.637k.Price Target Changed • Feb 22Price target increased by 11% to kr.10.00Up from kr.9.00, the current price target is provided by 1 analyst. New target price is 12% above last closing price of kr.8.96. Stock is down 12% over the past year. The company is forecast to post a net loss per share of kr.0.27 next year compared to a net loss per share of kr.0.75 last year.Major Estimate Revision • Feb 16Consensus estimates of losses per share improve by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from kr.88.6m to kr.89.8m. EPS estimate increased from -kr.0.83 per share to -kr.0.67 per share. Software industry in Denmark expected to see average net income growth of 35% next year. Consensus price target up from kr.9.00 to kr.9.50. Share price rose 2.7% to kr.8.50 over the past week.お知らせ • Feb 02Penneo A/S Announces Board ResignationsPenneo A/S announced that The shareholders have proposed to dismiss Christian Sagild, Rikke Stampe Skov, Morten Elk, and Steffen Heegaard from the Board of Directors and will propose new candidates to replace the members. The Board of Directors have proposed to dismiss Jakob Neua Nørgaard. The Board of Directors will begin to look for a replacement in time for the coming Annual General Meeting on 10 April 2024.Breakeven Date Change • Dec 31Forecast to breakeven in 2026The analyst covering Penneo expects the company to break even for the first time. New forecast suggests the company will make a profit of kr.4.10m in 2026. Average annual earnings growth of 61% is required to achieve expected profit on schedule.Recent Insider Transactions • Dec 22Co-Founder & Chief Commercial Officer recently sold kr.117k worth of stockOn the 18th of December, Andre Clement sold around 14k shares on-market at roughly kr.8.07 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth kr.675k. Andre has been a net seller over the last 12 months, reducing personal holdings by kr.3.2m.お知らせ • Dec 20Penneo A/S Announces Resignation of Sara Lindgaard as Chief People & Culture OfficerPenneo A/S announced that Sara Lindgaard is stepping down from her position as Chief People & Culture Officer to pursue a career outside of Penneo. Sara Lindgaard will remain in her position until the end of February 2024 and ensure continuity and a smooth transition of her tasks and responsibilities.お知らせ • Nov 29Penneo A/S, Annual General Meeting, Apr 10, 2024Penneo A/S, Annual General Meeting, Apr 10, 2024.Major Estimate Revision • Nov 28Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -kr.0.72 to -kr.0.83 per share. Revenue forecast unchanged at kr.88.6m. Software industry in Denmark expected to see average net income growth of 21% next year. Consensus price target up from kr.8.50 to kr.9.00. Share price fell 9.7% to kr.6.74 over the past week.Recent Insider Transactions • Nov 27Chief Financial Officer recently sold kr.55k worth of stockOn the 22nd of November, Casper Christiansen sold around 8k shares on-market at roughly kr.7.28 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Casper has been a net seller over the last 12 months, reducing personal holdings by kr.208k.お知らせ • Nov 23Penneo A/S Revises Earnings Guidance for the Year 2023Penneo A/S revised earnings guidance for the year 2023. For the period, Company assumes an ARR level of DKK 87 million - DKK 92 million at the end of 2023 corresponding to an ARR growth rate of 23% - 30%. This is a narrower ARR guidance range within the previously communicated range of DKK 87 million -95 million at the end of 2023.Reported Earnings • Nov 22Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: kr.0.35 loss per share (further deteriorated from kr.0.20 loss in 3Q 2022). Revenue: kr.15.9m (up 7.8% from 3Q 2022). Net loss: kr.11.6m (loss widened 87% from 3Q 2022). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 59%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 22+ 3 more updatesPenneo A/S to Report Q1, 2024 Results on May 23, 2024Penneo A/S announced that they will report Q1, 2024 results on May 23, 2024New Risk • Oct 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 6.2% 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr.3.6m net loss in 3 years). Share price has been volatile over the past 3 months (6.2% average weekly change). Shareholders have been diluted in the past year (4.1% increase in shares outstanding). Market cap is less than US$100m (kr.266.3m market cap, or US$37.7m).Major Estimate Revision • Oct 25Consensus EPS estimates upgraded to kr.0.72 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -kr.0.81 to -kr.0.72 per share. Revenue forecast steady at kr.89.4m. Software industry in Denmark expected to see average net income growth of 22% next year. Consensus price target down from kr.9.00 to kr.8.50. Share price fell 12% to kr.7.24 over the past week.分析記事 • Oct 17Is Penneo (CPH:PENNEO) Using Debt Sensibly?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Price Target Changed • Oct 13Price target decreased by 20% to kr.9.00Down from kr.11.25, the current price target is provided by 1 analyst. New target price is 6.9% above last closing price of kr.8.42. Stock is down 20% over the past year. The company is forecast to post a net loss per share of kr.0.81 next year compared to a net loss per share of kr.0.65 last year.お知らせ • Oct 12Penneo Announces Executive AppointmentsPenneo announced the promotion of two talented individuals, Mads Paludan Aabling and Sara Lindgaard, to join the company's senior management team. These appointments mark a strategic move to strengthen the company's leadership and drive continued innovation and success. Mads Paludan Aabling, formerly Vice President for Commercial Operations in Penneo, brings a wealth of experience and a proven track record of building and leading commercial teams in Penneo and other SaaS companies. In his new role as Chief Sales Officer, Mads will play a key role in reaching Penneo's growth targets in the coming years from new sales as well as revenue uplift from existing customers through cross selling and increasing product usage. The promotions come at an important point in time for Penneo, as the company is gaining further traction on the digital signature and KYC market in Europe. The enhanced leadership team is set to improve the way Penneo generates demand and sells its products in addition to improve overall organizational efficiency, product development and support expansion into new markets.Recent Insider Transactions • Aug 27Chief Financial Officer recently sold kr.153k worth of stockOn the 24th of August, Casper Christiansen sold around 19k shares on-market at roughly kr.8.26 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Casper's only on-market trade for the last 12 months.分析記事 • Aug 20Penneo A/S (CPH:PENNEO) Just Released Its Second-Quarter Earnings: Here's What Analysts ThinkPenneo A/S ( CPH:PENNEO ) missed earnings with its latest quarterly results, disappointing overly-optimistic...Reported Earnings • Aug 20Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: kr.0.29 loss per share (further deteriorated from kr.0.25 loss in 2Q 2022). Revenue: kr.21.9m (up 25% from 2Q 2022). Net loss: kr.9.42m (loss widened 19% from 2Q 2022). Revenue missed analyst estimates by 7.1%. Earnings per share (EPS) also missed analyst estimates by 93%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • Aug 18Consensus EPS estimates fall by 13%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from kr.88.0m to kr.89.0m. Forecast EPS reduced from -kr.0.72 to -kr.0.81 per share. Software industry in Denmark expected to see average net income growth of 15% next year. Consensus price target down from kr.11.25 to kr.11.00. Share price was steady at kr.8.30 over the past week.お知らせ • Aug 18Penneo A/S Reaffirms Earnings Guidance for the Year 2023Penneo A/S reaffirmed earnings guidance for the year 2023. The company expects guidance for 2023 remains unchanged. The company continues to assume an ARR level of DKK 87 million to DKK 95 million at the end of 2023 corresponding to an ARR growth rate of 23% to 34%.Recent Insider Transactions • Jun 02Co-Founder & Chief Commercial Officer recently sold kr.1.7m worth of stockOn the 26th of May, Andre Clement sold around 200k shares on-market at roughly kr.8.50 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr.2.6m. This was Andre's only on-market trade for the last 12 months.Board Change • Jun 01High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director Morten Elk is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 19First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: kr.0.28 loss per share (further deteriorated from kr.0.26 loss in 1Q 2022). Revenue: kr.18.0m (up 26% from 1Q 2022). Net loss: kr.9.13m (loss widened 23% from 1Q 2022). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Software industry in Europe.お知らせ • May 16+ 1 more updatePenneo A/S Reaffirms Earnings Guidance for the Year 2023Penneo A/S reaffirmed earnings guidance for the year 2023. The company's guidance for 2023 remains unchanged. The guidance is based on continued cautious buying behavior in 2023. Looking further ahead Penneo expects solid demand for its solutions due to increased focus on digitalization and stricter regulatory demands, especially in industries regulated by anti-money laundering (AML) regulation.お知らせ • May 11Penneo Appoints Kirstine Møller Pedersen as New Chief Marketing Officer Effective August 1, 2023Penneo announced that it has appointed Kirstine Møller Pedersen as new Chief Marketing Officer. Kirstine Møller Pedersen will step into her new role on 1 August 2023, and head up Penneo's marketing team driving a range of strategic initiatives that are key to pave the way for growth and increase revenue as the company continues to execute its growth plans and intention to expand operations to new markets in Europe. This includes digital marketing aimed at generating demand for Penneo's products as well as brand development and company positioning strategy. Kirstine Møller Pedersen is a Danish national and a master's graduate of Economics and Marketing from Copenhagen Business School. She joins Penneo from a position as Global Head of Marketing in Planday, a SaaS company specialized in Workforce Management software, where she has been instrumental to the company's growth and the successful acquisition by the tech giant, Xero, known for its small business accounting software.Recent Insider Transactions • Mar 29Independent Director recently sold kr.2.6m worth of stockOn the 22nd of March, Morten Elk sold around 283k shares on-market at roughly kr.9.06 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Mar 08Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: kr.0.65 loss per share. Revenue: kr.72.1m (up 33% from FY 2021). Net loss: kr.20.3m (loss widened 8.7% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Software industry in Europe.Major Estimate Revision • Nov 30Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from kr.74.4m to kr.69.0m. Losses expected to increase from kr.0.80 per share to kr.0.89. Software industry in Denmark expected to see average net income growth of 20% next year. Consensus price target down from kr.16.50 to kr.11.67. Share price was steady at kr.10.60 over the past week.Breakeven Date Change • Nov 24No longer forecast to breakevenThe 3 analysts covering Penneo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr.2.00m in 2024. New consensus forecast suggests the company will make a loss of kr.16.0m in 2024.お知らせ • Nov 24+ 2 more updatesPenneo A/S to Report Q3, 2023 Results on Nov 21, 2023Penneo A/S announced that they will report Q3, 2023 results on Nov 21, 2023Price Target Changed • Nov 16Price target decreased to kr.17.17Down from kr.19.67, the current price target is an average from 3 analysts. New target price is 49% above last closing price of kr.11.50. Stock is down 59% over the past year. The company is forecast to post a net loss per share of kr.0.80 next year compared to a net loss per share of kr.0.59 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Steffen Peter Heegaard was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Breakeven Date Change • Aug 26No longer forecast to breakevenThe 3 analysts covering Penneo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr.2.00m in 2024. New consensus forecast suggests the company will make a loss of kr.19.0m in 2024.お知らせ • Aug 24Penneo A/S to Report Fiscal Year 2022 Results on Feb 28, 2023Penneo A/S announced that they will report fiscal year 2022 results on Feb 28, 2023分析記事 • Aug 04Estimating The Fair Value Of Penneo A/S (CPH:PENNEO)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Penneo A/S...Buying Opportunity • Jun 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 50%. The fair value is estimated to be kr.12.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last year. Earnings per share has declined by 3.1%. Revenue is forecast to grow by 97% in 2 years. Earnings is forecast to grow by 37% in the next 2 years.Major Estimate Revision • Jun 15Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -kr.0.66 to -kr.0.87 per share. Revenue forecast unchanged at kr.75.4m. Software industry in Denmark expected to see average net income growth of 17% next year. Consensus price target of kr.19.67 unchanged from last update. Share price fell 20% to kr.11.00 over the past week.Price Target Changed • Jun 01Price target decreased to kr.19.67Down from kr.23.33, the current price target is an average from 3 analysts. New target price is 36% above last closing price of kr.14.48. Stock is down 68% over the past year. The company is forecast to post a net loss per share of kr.0.66 next year compared to a net loss per share of kr.0.59 last year.Reported Earnings • May 25First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: kr.0.26 loss per share (down from kr.0.25 loss in 1Q 2021). Revenue: kr.14.4m (up 32% from 1Q 2021). Net loss: kr.7.45m (loss widened 19% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 47%, compared to a 17% growth forecast for the industry in Denmark.分析記事 • May 05Is Penneo (CPH:PENNEO) Using Debt Sensibly?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Chairman of the Board Christian Sagild was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 02Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: kr.54.3m (up 53% from FY 2020). Net loss: kr.18.6m (loss widened 46% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 43%, compared to a 20% growth forecast for the industry in Denmark.分析記事 • Mar 23A Look At The Intrinsic Value Of Penneo A/S (CPH:PENNEO)Does the March share price for Penneo A/S ( CPH:PENNEO ) reflect what it's really worth? Today, we will estimate the...Major Estimate Revision • Mar 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -kr.0.60 to -kr.0.66 per share. Revenue forecast unchanged at kr.77.6m. Software industry in Denmark expected to see average net income growth of 26% next year. Consensus price target down from kr.23.33 to kr.22.33. Share price was steady at kr.14.60 over the past week.Breakeven Date Change • Mar 04No longer forecast to breakevenThe 3 analysts covering Penneo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr.2.50m in 2024. New consensus forecast suggests the company will make a loss of kr.5.33m in 2024.Breakeven Date Change • Jan 01Forecast to breakeven in 2024The 2 analysts covering Penneo expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr.25.0m in 2024. Average annual earnings growth of 80% is required to achieve expected profit on schedule.Reported Earnings • Nov 27Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2021 results: kr.0.36 loss per share (down from kr.0.10 loss in 3Q 2020). Revenue: kr.9.13m (up 18% from 3Q 2020). Net loss: kr.9.08m (loss widened 244% from 3Q 2020). Revenue missed analyst estimates by 35%. Earnings per share (EPS) exceeded analyst estimates by 20%. Earnings per share (EPS) surpassed analyst estimates by 20%. Over the next year, revenue is forecast to grow 63%, compared to a 26% growth forecast for the industry in Denmark.決済の安定と成長配当データの取得安定した配当: PENNEOの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: PENNEOの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Penneo 配当利回り対市場PENNEO 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (PENNEO)n/a市場下位25% (DK)1.6%市場トップ25% (DK)4.2%業界平均 (Software)1.8%アナリスト予想 (PENNEO) (最長3年)0%注目すべき配当: PENNEOは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: PENNEOは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: PENNEOの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: PENNEOが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YDK 市場の強力な配当支払い企業。View Management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2025/02/06 08:03終値2025/02/06 00:00収益2024/09/30年間収益2023/12/31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Penneo A/S 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。4 アナリスト機関null nullABG Sundal CollierJesper BilleskovABG Sundal Collier Sponsorednull nullABG Sundal Collier Sponsored1 その他のアナリストを表示
Recent Insider Transactions Derivative • Feb 06CEO & Member of Executive Board exercised options to buy kr.7.2m worth of stock.On the 4th of February, Christian Stendevad exercised 556.56k options at around kr.10.24, then sold 117.68k of them at kr.16.50 each and kept the remainder. Since March 2024, Christian's direct individual holding has decreased from 21.55k shares to 0. Company insiders have collectively bought kr.1.6m more than they sold, via options and on-market transactions, in the last 12 months.
New Risk • Jan 29New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 16% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr.551.2m market cap, or US$76.8m).
お知らせ • Nov 29Visma Danmark Holding A/S entered into a binding agreement to acquire Penneo A/S (CPSE:PENNEO) from group of sellers for approximately DKK 560 million.Visma Danmark Holding A/S entered into a binding agreement to acquire Penneo A/S (CPSE:PENNEO) from group of sellers for approximately DKK 560 million on November 29, 2024. Visma Danmark Holding and Penneo have today entered into a binding agreement pursuant to which Visma will make an all-cash voluntary recommended public takeover offer to acquire all of the shares (excluding treasury shares) in Penneo at a price of DKK 16.5 per share. Visma has sufficient capital to finance the Offer and its purchase of the Penneo shares by cash payment backed by a parent guarantee provided by Visma AS. Visma has received irrevocable undertakings to accept the Offer at the Offer Price subject to certain customary conditions, from the following shareholders in Penneo i.e., The irrevocable undertakings represent jointly approximately 43.0 % of the voting rights and share capital in Penneo, Irrevocable undertakings provided by Viking Venture 29 AS and the founders will remain in force regardless of any competing offers being made, Furthermore, ATP, whose ownership amounts to 3,374,000 shares, corresponding to approx. 9.9 % of the voting rights and share capital in Penneo, has confirmed its intention to accept the Offer absent any superior competing offer. Consequently, shareholders representing a total of 17,999,724 shares, corresponding to approx. 52.9 % of the voting rights and share capital in Penneo, have either entered into irrevocable undertakings or confirmed their intention to accept the Offer. The offer period is initially expected to expire four (4) weeks after publication of the offer document but can be extended including in order to allow time for satisfaction of the regulatory conditions. No later than three (3) business days after expiry of the offer period (as may be extended), Visma will publish the final result of the Offer. Completion of the Offer is expected to occur around January 31, 2025. The board of directors of Penneo has unanimously resolved and today confirmed in the Agreement entered into with Visma that it will recommend the shareholders of Penneo to accept the Offer. The Offer will be made subject to a number of customary conditions, as well as a requirement that the total number of tendered shares in the Offer will amount to more than 90.0 % of the voting rights and share capital of Penneo and that necessary approvals by relevant regulatory authorities are obtained. Visma has appointed ABG Sundal Collier Denmark, filial af ABG Sundal Collier ASA, Norge as financial advisor as well as Accura Advokatpartnerselskab as legal advisor in connection with the Offer.
分析記事 • Nov 23Penneo A/S (CPH:PENNEO) Released Earnings Last Week And Analysts Lifted Their Price Target To kr.10.00As you might know, Penneo A/S ( CPH:PENNEO ) last week released its latest quarterly, and things did not turn out so...
Reported Earnings • Nov 21Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: kr.0.22 loss per share (improved from kr.0.35 loss in 3Q 2023). Revenue: kr.17.0m (up 7.0% from 3Q 2023). Net loss: kr.7.40m (loss narrowed 36% from 3Q 2023). Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates by 69%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.
Breakeven Date Change • Nov 21Forecast to breakeven in 2025The analyst covering Penneo expects the company to break even for the first time. New forecast suggests the company will make a profit of kr.3.70m in 2025. Average annual earnings growth of 86% is required to achieve expected profit on schedule.
Major Estimate Revision • Oct 13Consensus EPS estimates upgraded to kr.0.29 loss, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from kr.107.8m to kr.104.1m. 2024 losses expected to reduce from -kr.0.34 to -kr.0.29 per share. Software industry in Denmark expected to see average net income growth of 32% next year. Consensus price target of kr.10.00 unchanged from last update. Share price was steady at kr.8.08 over the past week.
お知らせ • Sep 24André Clement to Step Down as Chief Commercial Officer of Penneo A/SPenneo A/S announced that André Clement, Chief Commercial Officer (CCO) and co-founder of Penneo, is stepping down from his position to pursue new opportunities in the startup environment. André Clement will stay with Penneo until the end of 2024 to ensure a smooth transition and continuity of his responsibilities.
New Risk • Sep 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 5.7% 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: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (kr.303.2m market cap, or US$45.2m).
分析記事 • Aug 31kr.10.00 - That's What Analysts Think Penneo A/S (CPH:PENNEO) Is Worth After These ResultsShareholders will be ecstatic, with their stake up 23% over the past week following Penneo A/S 's ( CPH:PENNEO ) latest...
Reported Earnings • Aug 29Second quarter 2024 earnings: EPS in line with expectations, revenues disappointSecond quarter 2024 results: kr.0.11 loss per share (improved from kr.0.29 loss in 2Q 2023). Revenue: kr.24.0m (up 9.5% from 2Q 2023). Net loss: kr.3.73m (loss narrowed 60% from 2Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.
お知らせ • Aug 28+ 4 more updatesPenneo A/S to Report Fiscal Year 2024 Results on Mar 05, 2025Penneo A/S announced that they will report fiscal year 2024 results on Mar 05, 2025
Major Estimate Revision • May 24Consensus EPS estimates fall by 64%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -kr.0.22 to -kr.0.36 per share. Revenue forecast unchanged at kr.108.3m. Software industry in Denmark expected to see average net income growth of 32% next year. Consensus price target of kr.10.00 unchanged from last update. Share price rose 8.0% to kr.8.10 over the past week.
Breakeven Date Change • May 24Forecast breakeven date pushed back to 2026The analyst covering Penneo previously expected the company to break even in 2025. New forecast suggests losses will reduce by 75% per year to 2025. The company is expected to make a profit of kr.8.00m in 2026. Average annual earnings growth of 81% is required to achieve expected profit on schedule.
Major Estimate Revision • Apr 25Consensus EPS estimates upgraded to kr.0.22 lossThe consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -kr.0.27 per share to -kr.0.22 per share. Revenue forecast reaffirmed at kr.109.3m. Software industry in Denmark expected to see average net income growth of 30% next year. Consensus price target of kr.10.00 unchanged from last update. Share price was steady at kr.7.10 over the past week.
Breakeven Date Change • Apr 24Forecast breakeven date moved forward to 2025The analyst covering Penneo previously expected the company to break even in 2026. New forecast suggests losses will reduce by 66% to 2024. The company is expected to make a profit of kr.1.10m in 2025. Average annual earnings growth of 84% is required to achieve expected profit on schedule.
Recent Insider Transactions • Mar 14Chief Financial Officer recently sold kr.429k worth of stockOn the 11th of March, Casper Christiansen sold around 53k shares on-market at roughly kr.8.17 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr.930k. Casper has been a net seller over the last 12 months, reducing personal holdings by kr.637k.
Price Target Changed • Feb 22Price target increased by 11% to kr.10.00Up from kr.9.00, the current price target is provided by 1 analyst. New target price is 12% above last closing price of kr.8.96. Stock is down 12% over the past year. The company is forecast to post a net loss per share of kr.0.27 next year compared to a net loss per share of kr.0.75 last year.
Major Estimate Revision • Feb 16Consensus estimates of losses per share improve by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from kr.88.6m to kr.89.8m. EPS estimate increased from -kr.0.83 per share to -kr.0.67 per share. Software industry in Denmark expected to see average net income growth of 35% next year. Consensus price target up from kr.9.00 to kr.9.50. Share price rose 2.7% to kr.8.50 over the past week.
お知らせ • Feb 02Penneo A/S Announces Board ResignationsPenneo A/S announced that The shareholders have proposed to dismiss Christian Sagild, Rikke Stampe Skov, Morten Elk, and Steffen Heegaard from the Board of Directors and will propose new candidates to replace the members. The Board of Directors have proposed to dismiss Jakob Neua Nørgaard. The Board of Directors will begin to look for a replacement in time for the coming Annual General Meeting on 10 April 2024.
Breakeven Date Change • Dec 31Forecast to breakeven in 2026The analyst covering Penneo expects the company to break even for the first time. New forecast suggests the company will make a profit of kr.4.10m in 2026. Average annual earnings growth of 61% is required to achieve expected profit on schedule.
Recent Insider Transactions • Dec 22Co-Founder & Chief Commercial Officer recently sold kr.117k worth of stockOn the 18th of December, Andre Clement sold around 14k shares on-market at roughly kr.8.07 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth kr.675k. Andre has been a net seller over the last 12 months, reducing personal holdings by kr.3.2m.
お知らせ • Dec 20Penneo A/S Announces Resignation of Sara Lindgaard as Chief People & Culture OfficerPenneo A/S announced that Sara Lindgaard is stepping down from her position as Chief People & Culture Officer to pursue a career outside of Penneo. Sara Lindgaard will remain in her position until the end of February 2024 and ensure continuity and a smooth transition of her tasks and responsibilities.
お知らせ • Nov 29Penneo A/S, Annual General Meeting, Apr 10, 2024Penneo A/S, Annual General Meeting, Apr 10, 2024.
Major Estimate Revision • Nov 28Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -kr.0.72 to -kr.0.83 per share. Revenue forecast unchanged at kr.88.6m. Software industry in Denmark expected to see average net income growth of 21% next year. Consensus price target up from kr.8.50 to kr.9.00. Share price fell 9.7% to kr.6.74 over the past week.
Recent Insider Transactions • Nov 27Chief Financial Officer recently sold kr.55k worth of stockOn the 22nd of November, Casper Christiansen sold around 8k shares on-market at roughly kr.7.28 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Casper has been a net seller over the last 12 months, reducing personal holdings by kr.208k.
お知らせ • Nov 23Penneo A/S Revises Earnings Guidance for the Year 2023Penneo A/S revised earnings guidance for the year 2023. For the period, Company assumes an ARR level of DKK 87 million - DKK 92 million at the end of 2023 corresponding to an ARR growth rate of 23% - 30%. This is a narrower ARR guidance range within the previously communicated range of DKK 87 million -95 million at the end of 2023.
Reported Earnings • Nov 22Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: kr.0.35 loss per share (further deteriorated from kr.0.20 loss in 3Q 2022). Revenue: kr.15.9m (up 7.8% from 3Q 2022). Net loss: kr.11.6m (loss widened 87% from 3Q 2022). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 59%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 22+ 3 more updatesPenneo A/S to Report Q1, 2024 Results on May 23, 2024Penneo A/S announced that they will report Q1, 2024 results on May 23, 2024
New Risk • Oct 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 6.2% 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr.3.6m net loss in 3 years). Share price has been volatile over the past 3 months (6.2% average weekly change). Shareholders have been diluted in the past year (4.1% increase in shares outstanding). Market cap is less than US$100m (kr.266.3m market cap, or US$37.7m).
Major Estimate Revision • Oct 25Consensus EPS estimates upgraded to kr.0.72 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -kr.0.81 to -kr.0.72 per share. Revenue forecast steady at kr.89.4m. Software industry in Denmark expected to see average net income growth of 22% next year. Consensus price target down from kr.9.00 to kr.8.50. Share price fell 12% to kr.7.24 over the past week.
分析記事 • Oct 17Is Penneo (CPH:PENNEO) Using Debt Sensibly?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Price Target Changed • Oct 13Price target decreased by 20% to kr.9.00Down from kr.11.25, the current price target is provided by 1 analyst. New target price is 6.9% above last closing price of kr.8.42. Stock is down 20% over the past year. The company is forecast to post a net loss per share of kr.0.81 next year compared to a net loss per share of kr.0.65 last year.
お知らせ • Oct 12Penneo Announces Executive AppointmentsPenneo announced the promotion of two talented individuals, Mads Paludan Aabling and Sara Lindgaard, to join the company's senior management team. These appointments mark a strategic move to strengthen the company's leadership and drive continued innovation and success. Mads Paludan Aabling, formerly Vice President for Commercial Operations in Penneo, brings a wealth of experience and a proven track record of building and leading commercial teams in Penneo and other SaaS companies. In his new role as Chief Sales Officer, Mads will play a key role in reaching Penneo's growth targets in the coming years from new sales as well as revenue uplift from existing customers through cross selling and increasing product usage. The promotions come at an important point in time for Penneo, as the company is gaining further traction on the digital signature and KYC market in Europe. The enhanced leadership team is set to improve the way Penneo generates demand and sells its products in addition to improve overall organizational efficiency, product development and support expansion into new markets.
Recent Insider Transactions • Aug 27Chief Financial Officer recently sold kr.153k worth of stockOn the 24th of August, Casper Christiansen sold around 19k shares on-market at roughly kr.8.26 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Casper's only on-market trade for the last 12 months.
分析記事 • Aug 20Penneo A/S (CPH:PENNEO) Just Released Its Second-Quarter Earnings: Here's What Analysts ThinkPenneo A/S ( CPH:PENNEO ) missed earnings with its latest quarterly results, disappointing overly-optimistic...
Reported Earnings • Aug 20Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: kr.0.29 loss per share (further deteriorated from kr.0.25 loss in 2Q 2022). Revenue: kr.21.9m (up 25% from 2Q 2022). Net loss: kr.9.42m (loss widened 19% from 2Q 2022). Revenue missed analyst estimates by 7.1%. Earnings per share (EPS) also missed analyst estimates by 93%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • Aug 18Consensus EPS estimates fall by 13%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from kr.88.0m to kr.89.0m. Forecast EPS reduced from -kr.0.72 to -kr.0.81 per share. Software industry in Denmark expected to see average net income growth of 15% next year. Consensus price target down from kr.11.25 to kr.11.00. Share price was steady at kr.8.30 over the past week.
お知らせ • Aug 18Penneo A/S Reaffirms Earnings Guidance for the Year 2023Penneo A/S reaffirmed earnings guidance for the year 2023. The company expects guidance for 2023 remains unchanged. The company continues to assume an ARR level of DKK 87 million to DKK 95 million at the end of 2023 corresponding to an ARR growth rate of 23% to 34%.
Recent Insider Transactions • Jun 02Co-Founder & Chief Commercial Officer recently sold kr.1.7m worth of stockOn the 26th of May, Andre Clement sold around 200k shares on-market at roughly kr.8.50 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr.2.6m. This was Andre's only on-market trade for the last 12 months.
Board Change • Jun 01High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director Morten Elk is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 19First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: kr.0.28 loss per share (further deteriorated from kr.0.26 loss in 1Q 2022). Revenue: kr.18.0m (up 26% from 1Q 2022). Net loss: kr.9.13m (loss widened 23% from 1Q 2022). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Software industry in Europe.
お知らせ • May 16+ 1 more updatePenneo A/S Reaffirms Earnings Guidance for the Year 2023Penneo A/S reaffirmed earnings guidance for the year 2023. The company's guidance for 2023 remains unchanged. The guidance is based on continued cautious buying behavior in 2023. Looking further ahead Penneo expects solid demand for its solutions due to increased focus on digitalization and stricter regulatory demands, especially in industries regulated by anti-money laundering (AML) regulation.
お知らせ • May 11Penneo Appoints Kirstine Møller Pedersen as New Chief Marketing Officer Effective August 1, 2023Penneo announced that it has appointed Kirstine Møller Pedersen as new Chief Marketing Officer. Kirstine Møller Pedersen will step into her new role on 1 August 2023, and head up Penneo's marketing team driving a range of strategic initiatives that are key to pave the way for growth and increase revenue as the company continues to execute its growth plans and intention to expand operations to new markets in Europe. This includes digital marketing aimed at generating demand for Penneo's products as well as brand development and company positioning strategy. Kirstine Møller Pedersen is a Danish national and a master's graduate of Economics and Marketing from Copenhagen Business School. She joins Penneo from a position as Global Head of Marketing in Planday, a SaaS company specialized in Workforce Management software, where she has been instrumental to the company's growth and the successful acquisition by the tech giant, Xero, known for its small business accounting software.
Recent Insider Transactions • Mar 29Independent Director recently sold kr.2.6m worth of stockOn the 22nd of March, Morten Elk sold around 283k shares on-market at roughly kr.9.06 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Mar 08Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: kr.0.65 loss per share. Revenue: kr.72.1m (up 33% from FY 2021). Net loss: kr.20.3m (loss widened 8.7% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Software industry in Europe.
Major Estimate Revision • Nov 30Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from kr.74.4m to kr.69.0m. Losses expected to increase from kr.0.80 per share to kr.0.89. Software industry in Denmark expected to see average net income growth of 20% next year. Consensus price target down from kr.16.50 to kr.11.67. Share price was steady at kr.10.60 over the past week.
Breakeven Date Change • Nov 24No longer forecast to breakevenThe 3 analysts covering Penneo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr.2.00m in 2024. New consensus forecast suggests the company will make a loss of kr.16.0m in 2024.
お知らせ • Nov 24+ 2 more updatesPenneo A/S to Report Q3, 2023 Results on Nov 21, 2023Penneo A/S announced that they will report Q3, 2023 results on Nov 21, 2023
Price Target Changed • Nov 16Price target decreased to kr.17.17Down from kr.19.67, the current price target is an average from 3 analysts. New target price is 49% above last closing price of kr.11.50. Stock is down 59% over the past year. The company is forecast to post a net loss per share of kr.0.80 next year compared to a net loss per share of kr.0.59 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Steffen Peter Heegaard was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • Aug 26No longer forecast to breakevenThe 3 analysts covering Penneo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr.2.00m in 2024. New consensus forecast suggests the company will make a loss of kr.19.0m in 2024.
お知らせ • Aug 24Penneo A/S to Report Fiscal Year 2022 Results on Feb 28, 2023Penneo A/S announced that they will report fiscal year 2022 results on Feb 28, 2023
分析記事 • Aug 04Estimating The Fair Value Of Penneo A/S (CPH:PENNEO)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Penneo A/S...
Buying Opportunity • Jun 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 50%. The fair value is estimated to be kr.12.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last year. Earnings per share has declined by 3.1%. Revenue is forecast to grow by 97% in 2 years. Earnings is forecast to grow by 37% in the next 2 years.
Major Estimate Revision • Jun 15Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -kr.0.66 to -kr.0.87 per share. Revenue forecast unchanged at kr.75.4m. Software industry in Denmark expected to see average net income growth of 17% next year. Consensus price target of kr.19.67 unchanged from last update. Share price fell 20% to kr.11.00 over the past week.
Price Target Changed • Jun 01Price target decreased to kr.19.67Down from kr.23.33, the current price target is an average from 3 analysts. New target price is 36% above last closing price of kr.14.48. Stock is down 68% over the past year. The company is forecast to post a net loss per share of kr.0.66 next year compared to a net loss per share of kr.0.59 last year.
Reported Earnings • May 25First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: kr.0.26 loss per share (down from kr.0.25 loss in 1Q 2021). Revenue: kr.14.4m (up 32% from 1Q 2021). Net loss: kr.7.45m (loss widened 19% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 47%, compared to a 17% growth forecast for the industry in Denmark.
分析記事 • May 05Is Penneo (CPH:PENNEO) Using Debt Sensibly?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Chairman of the Board Christian Sagild was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 02Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: kr.54.3m (up 53% from FY 2020). Net loss: kr.18.6m (loss widened 46% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 43%, compared to a 20% growth forecast for the industry in Denmark.
分析記事 • Mar 23A Look At The Intrinsic Value Of Penneo A/S (CPH:PENNEO)Does the March share price for Penneo A/S ( CPH:PENNEO ) reflect what it's really worth? Today, we will estimate the...
Major Estimate Revision • Mar 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -kr.0.60 to -kr.0.66 per share. Revenue forecast unchanged at kr.77.6m. Software industry in Denmark expected to see average net income growth of 26% next year. Consensus price target down from kr.23.33 to kr.22.33. Share price was steady at kr.14.60 over the past week.
Breakeven Date Change • Mar 04No longer forecast to breakevenThe 3 analysts covering Penneo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr.2.50m in 2024. New consensus forecast suggests the company will make a loss of kr.5.33m in 2024.
Breakeven Date Change • Jan 01Forecast to breakeven in 2024The 2 analysts covering Penneo expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr.25.0m in 2024. Average annual earnings growth of 80% is required to achieve expected profit on schedule.
Reported Earnings • Nov 27Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2021 results: kr.0.36 loss per share (down from kr.0.10 loss in 3Q 2020). Revenue: kr.9.13m (up 18% from 3Q 2020). Net loss: kr.9.08m (loss widened 244% from 3Q 2020). Revenue missed analyst estimates by 35%. Earnings per share (EPS) exceeded analyst estimates by 20%. Earnings per share (EPS) surpassed analyst estimates by 20%. Over the next year, revenue is forecast to grow 63%, compared to a 26% growth forecast for the industry in Denmark.