View Past PerformanceTrifork Group バランスシートの健全性財務の健全性 基準チェック /56Trifork Groupの総株主資本は€147.1M 、総負債は€61.1Mで、負債比率は41.5%となります。総資産と総負債はそれぞれ€311.6Mと€164.5Mです。 Trifork Groupの EBIT は€15.9Mで、利息カバレッジ比率3.9です。現金および短期投資は€32.9Mです。主要情報41.53%負債資本比率€61.09m負債インタレスト・カバレッジ・レシオ3.9x現金€32.91mエクイティ€147.10m負債合計€164.53m総資産€311.63m財務の健全性に関する最新情報更新なしすべての更新を表示Recent updates分析記事 • May 15Why Trifork Group's (CPH:TRIFOR) Shaky Earnings Are Just The Beginning Of Its ProblemsA lackluster earnings announcement from Trifork Group AG ( CPH:TRIFOR ) last week didn't sink the stock price. Our...分析記事 • May 08Trifork Group AG Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowTrifork Group AG ( CPH:TRIFOR ) just released its latest first-quarter report and things are not looking great. It...お知らせ • May 06Trifork Group AG Reiterates Earnings Guidance for 2026Trifork Group AG reiterated earnings guidance for 2026. For the year, the company expects revenue to be in the range of EUR 230 million to EUR 240 million equal to approximately 4-9% total growth.Reported Earnings • May 06First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: €0.15 (up from €0.033 in 1Q 2025). Revenue: €56.4m (down 2.0% from 1Q 2025). Net income: €2.99m (up 361% from 1Q 2025). Profit margin: 5.3% (up from 1.1% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 38%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • May 04Trifork Group AG Appoints Bjørn Büchmann-Slorup As Chief Commercial Officer Of Fintech DivisionTrifork Group AG announced the appointment of Bjørn Büchmann-Slorup as Chief Commercial Officer of its Fintech division, reinforcing the company’s strategic focus on driving growth and delivering cutting-edge products and solutions to the financial sector. Bjørn Büchmann-Slorup joins Trifork with extensive experience in digital transformation and financial services from Danske Bank and most recently from Valcon, bringing a strong track record of driving growth, innovation, and customer impact. In his new role, he will be responsible for accelerating Trifork’s fintech business, strengthening customer relationships, and expanding the company’s market presence. As CCO for Fintech, Bjørn Büchmann-Slorup’s mission is to drive profitable growth while enabling the organizational changes needed to support it, and to bring modern technology and AI solutions to customers so they can realize their business potential.お知らせ • Apr 30Trifork Group AG (CPSE:TRIFOR) acquired Vion Ai GmbH.Trifork Group AG (CPSE:TRIFOR) acquired Vion Ai GmbH on April 30, 2026. The acquisition is not expected to have a material impact on Trifork Group’s revenue or earnings in 2026. Trifork Group AG (CPSE:TRIFOR) completed the acquisition of Vion Ai GmbH on April 30, 2026.お知らせ • Apr 24Trifork North America Announces Chief Executive Officer ChangesTrifork North America has appointed Patrick Lamb as Chief Executive Officer. He brought to the role direct operational experience as the company's Head of Sales for North America leading the company’s commercial growth across the region, with a track record spanning customer acquisition, strategic partnerships, and delivery excellence. Patrick Lamb succeeded Karan Yadav in the role.お知らせ • Apr 17Trifork Group AG Announces Board and Committee AppointmentsTrifork Group AG at the Annual General Meeting 2026 announced that the shareholders elected Anja Monrad as new Chairperson of the Board of Directors and Danny Lange as a new member. The Board of Directors designated Lars Stugemo as Vice-Chairperson. The Board of Directors designated Anja Monrad as Chairperson of Nomination and Remuneration Committee for one year.お知らせ • Apr 09Trifork Launches Tiris Messenger Platform for European EnterprisesTrifork announced the launch of Tiris Messenger, a secure, sovereign communication platform designed for European enterprises and public sector organizations. Developed to meet the growing need for data protection, regulatory compliance, and digital sovereignty, Tiris Messenger provides a trusted, European-built foundation for modern enterprise communication. Tiris Messenger is an end-to-end encrypted messaging platform engineered for organizations operating in highly regulated environments. Developed and hosted in Denmark, the solution ensures that all data remains within Europe, offering a secure alternative to non-European communication platforms. Tiris Messenger enables customers to safeguard sensitive information, retain full ownership of their data, and confidently meet evolving compliance requirements. Tiris Messenger delivers enterprise-grade capabilities, including secure group communication and a compliance-ready architecture tailored to regulated industries. By ensuring that all data is hosted and managed within Denmark, organizations retain full control over sensitive information while meeting stringent European data protection standards. The platform will initially launch in Denmark and Switzerland, with broader European expansion planned. Tiris Messenger will also be progressively deployed across Trifork throughout 2026, serving as a core communication layer within the Group while being offered to both private and public sector customers. This launch reflects Trifork’s continued commitment to strengthening Europe’s digital independence through secure, locally governed technology.新しいナラティブ • Mar 18Sovereign Data And Product Rollouts Will Struggle Before Eventually Supporting Modest Earnings ImprovementCatalysts About Trifork Group Trifork Group develops and operates software products and services for customers in sectors such as public administration, healthcare, aviation and telecommunications. What are the underlying business or industry changes driving this perspective?お知らせ • Mar 06Trifork Group Launches Synq Application For Remote Maintenance And RepairTrifork Group announced the launch of its proprietary enterprise application, Synq, enabling fully remote technical maintenance and repairs. Synq alleviates the need for technicians to be on site, making it ideal for manufacturing environments and workflows across automotive, aviation, transportation, logistics, and other industries. Trifork Group is launching Synq with Fortune 500 companies, including a global FMCG company. With Synq, on-site operators can connect to a remote specialist using an Apple Vision Pro headset. The specialist can view the operator’s environment directly through either a second headset or an iPad application. Using that field of vision, the specialist can perform a full diagnostic and guide the operator through a fix in real time. Synq allows the technician to point out objects in the environment and demonstrate how to conduct a task or maneuver an object with a high degree of precision. Synq’s reliability, connectivity, and accuracy, combined with its low latency, are purpose-built for industries where operational equipment is highly technical or requires precise handling, and where delays can cost millions of dollars. The solution is available immediately.New Risk • Mar 04New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.7% net profit margin). Significant insider selling over the past 3 months (kr.26m sold).新しいナラティブ • Mar 03Product Shift And Digitalization Tailwinds Will Reshape This European Software ProviderCatalysts About Trifork Group Trifork Group develops and operates software products and related services for customers across public and private sectors in Europe, the US and the Middle East. What are the underlying business or industry changes driving this perspective?New Risk • Mar 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.6% Last year net profit margin: 8.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (4.6% net profit margin). Significant insider selling over the past 3 months (kr.26m sold).Reported Earnings • Mar 02Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €0.53 (down from €0.85 in FY 2024). Revenue: €225.6m (up 9.4% from FY 2024). Net income: €10.3m (down 38% from FY 2024). Profit margin: 4.6% (down from 8.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.3%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.お知らせ • Feb 27+ 1 more updateTrifork Group Ag Provides Revenue Guidance for 2026Trifork Group AG provided revenue guidance for 2026. For the year, the company expects group revenue to be in the range of EUR 230 million to EUR 240 million equal to 4.1-8.7% total growth.お知らせ • Feb 18Trifork Launches Danish Sovereign Data and Ai Solution as Alternative to Us HyperscalersTrifork launched Danish sovereign data and AI solution as alternative to US hyperscalers. Danish public authorities are increasingly facing challenges related to dependency on a small number of large foreign technology providers and limited control over data and critical digital infrastructure. A PA report from January 2026 on public authorities' work with digital alternatives shows that the path toward increased digital sovereignty is not about complete disconnection, but rather about greater freedom of choice, control, and the ability to switch providers. The lack of operational alternatives makes it difficult for many public and critical infrastructure organizations to translate strategic ambitions into practice. This gap between strategy and operations is what Trifork is now addressing. Building on more than 20 years of experience in developing and operating critical IT systems in Denmark, Trifork is now consolidating existing, proven platforms and capabilities into one unified solution. A solution that enables full accountability for both technology and operations - and supports organizations all the way from strategy to implementation. The solution makes it possible to work with data and artificial intelligence on Danish soil with full control over data, AI models, and operations, and is based on platforms and services that Trifork already delivers to public and critical infrastructure customers. The solution is aimed at organizations with high requirements for security, compliance, and robustness, including public authorities and operators of critical infrastructure. Trifork's Danish sovereign data and AI solution consists of four integrated components, which together provide a complete end-to-end setup: Netic provides secure Danish data centers and access to GPU capacity capable of supporting both data-intensive and AI-based workloads, designed for organizations with high requirements for security and availability. Corax Data, a Danish-developed data platform, gives organizations full control over their data, enables advanced data analytics, and can be deployed on-premise or in a private cloud. Corax AI is Trifork's Danish AI platform supporting the development and operation of AI solutions on the organization's own terms. The platform can be integrated with secure LLM services, ensuring that data, prompts, and models remain under full control. Trifork Group provides managed operations and takes full responsibility for operations, security, and ongoing maintenance. The solution can be delivered as a complete package or assembled modularly, allowing organizations to choose one or more components depending on their existing setup and maturity. Trifork also advises customers on the selection and interaction between public, hybrid, and private cloud models to ensure the solution supports business needs, risk profile, and regulatory requirements. Available now The solution is available immediately and can be delivered to organizations seeking a real alternative to cloud-first approaches, where all data and AI workloads are placed with foreign providers.Recent Insider Transactions • Jan 02Founder & Group CEO recently sold kr.2.0m worth of stockOn the 30th of December, Jorn Larsen sold around 21k shares on-market at roughly kr.94.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth kr.24m. Jorn has been a net seller over the last 12 months, reducing personal holdings by kr.32m.Recent Insider Transactions • Dec 27Founder & Group CEO recently sold kr.24m worth of stockOn the 23rd of December, Jorn Larsen sold around 266k shares on-market at roughly kr.89.06 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jorn has been a net seller over the last 12 months, reducing personal holdings by kr.30m.お知らせ • Dec 24Trifork Group AG (CPSE:TRIFOR) announces an Equity Buyback for 300,000 shares, representing 1.5% for DKK 14.94 million.Trifork Group AG (CPSE:TRIFOR) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.5% for DKK 14.94 million. The shares cannot be bought back at a price exceeding the higher of the share price of the last independent transaction on Nasdaq Copenhagen, and the highest independent bid on the shares on Nasdaq Copenhagen. The purpose of the program is to meet the company's obligations pursuant to the employee stock program and potentially to reduce the share capital by cancellation of shares, if and to the extent so decided in the future by the Board of Directors, by use of the new capital band approved in the annual general meeting. The program will run no later than February 26, 2026.お知らせ • Dec 23Arbejdsmarkedets Tillægspension (Atp) acquired an additional 8.40% stake in Xci Holding A/S from Trifork Group AG (CPSE:TRIFOR).Arbejdsmarkedets Tillægspension (Atp) acquired an additional 8.40% stake in Xci Holding A/S from Trifork Group AG (CPSE:TRIFOR) on December 22, 2025. A cash consideration will be paid by Arbejdsmarkedets Tillægspension (Atp). As part of consideration, an undisclosed value is paid towards common equity of Xci Holding A/S. Arbejdsmarkedets Tillægspension (Atp) completed the acquisition of an additional 8.40% stake in Xci Holding A/S from Trifork Group AG (CPSE:TRIFOR) on December 22, 2025.お知らせ • Nov 26Trifork Group AG, Annual General Meeting, Apr 17, 2026Trifork Group AG, Annual General Meeting, Apr 17, 2026.お知らせ • Nov 25+ 3 more updatesTrifork Group AG to Report Q1, 2026 Results on May 05, 2026Trifork Group AG announced that they will report Q1, 2026 results at 7:00 AM, Central European Standard Time on May 05, 2026分析記事 • Nov 13Trifork Group's (CPH:TRIFOR) Weak Earnings May Only Reveal A Part Of The Whole PictureThe market rallied behind Trifork Group AG's ( CPH:TRIFOR ) stock, leading do a rise in the share price after its...Reported Earnings • Nov 02Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: €0.06 (down from €0.068 in 3Q 2024). Revenue: €49.8m (up 5.6% from 3Q 2024). Net income: €1.24m (down 5.9% from 3Q 2024). Profit margin: 2.5% (down from 2.8% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 01Trifork Group AG Revises Earnings Guidance for the Full Year 2025Trifork Group AG revised earnings guidance for the full year 2025. The financial outlook for full-year 2025 is narrowed within the original range. Revenue is expected to be in the range of EUR 217.5 million-EUR 222.5 million (previously EUR 215 million -EUR 225 million), equal to 5.6-8.0% total growth. Organic revenue growth is expected in the range of 4.2%-6.6% (previously 2.9%-7.8%). EBIT in Trifork Group is expected to be in the range of EUR 16.5 million -EUR 19.0 million (previously EUR 14.5 million -EUR 19.5 million).Price Target Changed • Sep 25Price target decreased by 9.6% to kr.110Down from kr.122, the current price target is an average from 3 analysts. New target price is 30% above last closing price of kr.84.60. Stock is down 14% over the past year. The company is forecast to post earnings per share of €0.36 for next year compared to €0.85 last year.Recent Insider Transactions • Sep 04Founder & CEO recently sold kr.900k worth of stockOn the 2nd of September, Jorn Larsen sold around 10k shares on-market at roughly kr.90.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jorn has been a net seller over the last 12 months, reducing personal holdings by kr.5.5m.Major Estimate Revision • Aug 26Consensus EPS estimates increase by 24%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €0.33 to €0.41. Revenue forecast steady at €220.6m. Net income forecast to shrink 20% next year vs 28% growth forecast for IT industry in Denmark . Consensus price target broadly unchanged at kr.120. Share price fell 3.8% to kr.89.50 over the past week.Reported Earnings • Aug 19Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: €0.01 loss per share (down from €0.052 profit in 2Q 2024). Revenue: €55.4m (up 5.6% from 2Q 2024). Net loss: €118.0k (down 112% from profit in 2Q 2024). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 21% per year.お知らせ • Aug 19Wingmen Solutions ApS agreed to acquire 51% stake in Trifork Security A/S from Trifork Group AG (CPSE:TRIFOR) and key employees.Wingmen Solutions ApS agreed to acquire 51% stake in Trifork Security A/S from Trifork Group AG (CPSE:TRIFOR) and key employees on August 19, 2025. Upon completion of the transaction, the deconsolidation of Trifork Security A/S will not affect Trifork Group AG’s full-year financial guidance. Trifork Group AG’s ownership of Trifork Security A/S will be reduced from 84.6% (with the remaining shares owned by its management and key employees) to 41.5%. As a result of Trifork Group AG becoming a minority owner, Trifork Security A/S will be deconsolidated from Trifork Group AG’s income reporting, and the remaining 41.5% ownership will be reported as a financial asset in the Trifork Labs reporting segment, which holds the Group’s minority investments in fast-growing technology companies founded by Trifork or external partners. Wingmen Solutions ApS will have the option to acquire Trifork Group AG’s remaining shares in 2027 after the filing of Trifork Security A/S’ 2026 Annual Report with the Danish Business Authority. The completion of the transaction is subject to regulatory approval.分析記事 • May 14We Think You Should Be Aware Of Some Concerning Factors In Trifork Group's (CPH:TRIFOR) EarningsTrifork Group AG's ( CPH:TRIFOR ) robust recent earnings didn't do much to move the stock. We think this is due to...Reported Earnings • May 07First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: €0.03 (down from €0.10 in 1Q 2024). Revenue: €58.1m (up 15% from 1Q 2024). Net income: €649.0k (down 68% from 1Q 2024). Profit margin: 1.1% (down from 4.0% in 1Q 2024). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) missed analyst estimates by 73%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 24% per year.Major Estimate Revision • Apr 30Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €218.8m to €216.3m. EPS estimate also fell from €0.49 per share to €0.423 per share. Net income forecast to shrink 49% next year vs 18% growth forecast for IT industry in Denmark . Consensus price target of kr.113 unchanged from last update. Share price rose 7.9% to kr.91.90 over the past week.お知らせ • Apr 15Trifork Group AG Approves Board ChangesTrifork Group AG announced that at its AGM held on 15 April 2025, the shareholders elected Lars Stugemo as new member of the board of directors for a term of one year. The Board of Directors designated Maria Hjorth as Vice-Chairperson. Olivier Jaquet decided not to stand for re-election.分析記事 • Apr 09Here's Why Shareholders Should Examine Trifork Group AG's (CPH:TRIFOR) CEO Compensation Package More CloselyKey Insights Trifork Group will host its Annual General Meeting on 15th of April Salary of €737.2k is part of CEO Jorn...分析記事 • Mar 21Trifork Group AG's (CPH:TRIFOR) Shares Climb 28% But Its Business Is Yet to Catch UpTrifork Group AG ( CPH:TRIFOR ) shareholders have had their patience rewarded with a 28% share price jump in the last...Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr.91.70, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 15x in the IT industry in Europe. Total loss to shareholders of 50% over the past three years.Recent Insider Transactions • Mar 06Founder & CEO recently sold kr.5.0m worth of stockOn the 3rd of March, Jorn Larsen sold around 60k shares on-market at roughly kr.83.55 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jorn has been a net seller over the last 12 months, reducing personal holdings by kr.17m.Reported Earnings • Mar 02Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €0.85 (up from €0.75 in FY 2023). Revenue: €207.7m (flat on FY 2023). Net income: €16.6m (up 13% from FY 2023). Profit margin: 8.0% (up from 7.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 174%. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 26% per year.お知らせ • Feb 28+ 1 more updateTrifork Group AG Provides Earnings Guidance for the Year 2025Trifork Group AG provided earnings guidance for the year 2025. For the period, the company's Revenue is expected to be in the range of EUR 215 million to EUR 225 million equal to 4.4% to 9.3% total growth. Organic revenue growth is expected in the range of 2.9% to 7.8%. EBIT in Trifork Group is expected to be in the range of EUR 14.5 million - EUR 19.5 million.Major Estimate Revision • Feb 27Consensus EPS estimates increase by 24%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.25 to €0.31. Revenue forecast steady at €205.4m. Net income forecast to shrink 52% next year vs 25% growth forecast for IT industry in Denmark . Consensus price target of kr.112 unchanged from last update. Share price rose 4.5% to kr.80.50 over the past week.New Risk • Feb 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.新しいナラティブ • Feb 24Involvement In VR And Spatial Computing Will Open New Markets But Declining Margins May Impact Earnings Strategic investments in IP, platforms, and spatial computing are expected to drive future revenue growth, particularly in U.S. operations and healthcare sectors. お知らせ • Feb 24Trifork Group AG Announces Casey Rosenthal's Transition from Board Member to Operational Role in Trifork USCasey Rosenthal, Member of the Board of Directors of Trifork Group AG since 2019, is joining Trifork’s US organization in an operational role and has therefore left the Board of Directors with immediate effect. Casey Rosenthal will be a member of the management team of Trifork US, leading growth in the Platform and Data Engineering space. Pairing his extensive experience in managing large-scale platforms with Trifork’s expertise in building scalable, resilient solutions, Casey Rosenthal will be key in executing Trifork’s ambition to continue the strong growth witnessed in North America in the past years. Before joining Trifork US, Casey Rosenthal was a software entrepreneur and an engineering manager in the Traffic Engineering and Chaos Engineering teams at Netflix. He has managed teams to tackle big data and architect solutions to difficult problems. He finds opportunities to leverage his experience with distributed systems and artificial intelligence, translating novel algorithms and academia into working models. Casey Rosenthal also models human behavior using personality profiles in Ruby, Erlang, Elixir, Prolog, Scala, and other languages. He speaks frequently at conferences on the topics of chaos engineering and complexity.Major Estimate Revision • Jan 17Consensus EPS estimates increase by 29%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €208.8m to €205.3m. EPS estimate rose from €0.317 to €0.407. Net income forecast to shrink 42% next year vs 24% growth forecast for IT industry in Denmark . Consensus price target down from kr.120 to kr.104. Share price was steady at kr.79.80 over the past week.Price Target Changed • Jan 17Price target decreased by 13% to kr.104Down from kr.120, the current price target is an average from 4 analysts. New target price is 31% above last closing price of kr.79.80. Stock is down 34% over the past year. The company is forecast to post earnings per share of €0.41 for next year compared to €0.75 last year.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr.86.80, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the IT industry in Europe. Total loss to shareholders of 61% over the past three years.分析記事 • Jan 04Is Now An Opportune Moment To Examine Trifork Group AG (CPH:TRIFOR)?While Trifork Group AG ( CPH:TRIFOR ) might not have the largest market cap around , it saw a decent share price growth...分析記事 • Nov 09Trifork Group (CPH:TRIFOR) Strong Profits May Be Masking Some Underlying IssuesThe market shrugged off Trifork Group AG's ( CPH:TRIFOR ) solid earnings report. We did some digging and believe...Major Estimate Revision • Nov 08Consensus EPS estimates fall by 34%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €215.1m to €205.6m. EPS estimate also fell from €0.377 per share to €0.25 per share. Net income forecast to shrink 45% next year vs 20% growth forecast for IT industry in Denmark . Consensus price target down from kr.137 to kr.122. Share price fell 4.2% to kr.80.50 over the past week.分析記事 • Nov 06Trifork Group AG Just Missed EPS By 22%: Here's What Analysts Think Will Happen NextIt's shaping up to be a tough period for Trifork Group AG ( CPH:TRIFOR ), which a week ago released some disappointing...Price Target Changed • Nov 04Price target decreased by 12% to kr.122Down from kr.138, the current price target is an average from 3 analysts. New target price is 42% above last closing price of kr.85.90. Stock is down 21% over the past year. The company is forecast to post earnings per share of €0.25 for next year compared to €0.75 last year.お知らせ • Nov 02Trifork Group AG Revises Earnings Guidance for the Year 2024Trifork Group AG revised earnings guidance for the year 2024. For the year, the company expects revenue to be in the range of EUR 205 million to EUR 208 million against previous guidance range of EUR 215 million to EUR 220 million, equal to negative 1.4% to 0.0% growth. The revised revenue guidance is explained by lower revenue expectations in the fourth quarter, including around EUR 7 million (license and hardware sales) in revenue on already agreed engagements now delayed to 2025. EBIT expects to be in the range of EUR 8 million to EUR 10 million against previous guidance range of EUR 14 million to EUR 17 million. As the planned transaction in the company’s managed security services is not yet to be closed, the company has excluded any potential effect from its potential deconsolidation in the guidance. The company expects a positive effect between EUR 3 million to EUR 5 million on unadjusted EBITDA and EBIT when the process is completed.Reported Earnings • Nov 01Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: €0.07 (up from €0.049 in 3Q 2023). Revenue: €47.3m (down 1.6% from 3Q 2023). Net income: €1.31m (up 38% from 3Q 2023). Profit margin: 2.8% (up from 2.0% in 3Q 2023). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.お知らせ • Sep 25Trifork Group AG, Annual General Meeting, Apr 15, 2025Trifork Group AG, Annual General Meeting, Apr 15, 2025.お知らせ • Sep 23+ 3 more updatesTrifork Group AG to Report Q4, 2024 Results on Feb 28, 2025Trifork Group AG announced that they will report Q4, 2024 results on Feb 28, 2025Recent Insider Transactions • Sep 08Founder & CEO recently bought kr.188k worth of stockOn the 5th of September, Jorn Larsen bought around 2k shares on-market at roughly kr.95.20 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Jorn has been a net seller over the last 12 months, reducing personal holdings by kr.11m.Major Estimate Revision • Aug 27Consensus EPS estimates fall by 24%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €227.5m to €222.0m. EPS estimate also fell from €0.593 per share to €0.45 per share. Net income forecast to shrink 27% next year vs 27% growth forecast for IT industry in Denmark . Consensus price target down from kr.148 to kr.142. Share price was steady at kr.98.70 over the past week.分析記事 • Aug 23Trifork Group AG Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Trifork Group AG ( CPH:TRIFOR ) last week released its latest quarterly, and things did not turn out...Reported Earnings • Aug 21Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: €0.05 (up from €0.097 loss in 2Q 2023). Revenue: €52.5m (down 5.0% from 2Q 2023). Net income: €1.01m (up €2.91m from 2Q 2023). Profit margin: 1.9% (up from net loss in 2Q 2023). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.お知らせ • Aug 19Trifork Group Revises Earnings Guidance for Full Year 2024Trifork Group revised earnings guidance for full year 2024. The company expects revenues to be in the range of EUR 215 million to EUR 220 million (previously EUR 220 million to EUR 230 million) equal to 3.4% to 5.8% growth. Inorganic revenue is still expected to be EUR 5.4 million and EBIT in Trifork Group is expected to be in the range of EUR 14 million to EUR 17 million (previously EUR 17 million to EUR 21 million).Price Target Changed • Jun 13Price target decreased by 9.3% to kr.147Down from kr.162, the current price target is an average from 3 analysts. New target price is 25% above last closing price of kr.117. Stock is down 16% over the past year. The company is forecast to post earnings per share of €0.59 for next year compared to €0.75 last year.Major Estimate Revision • May 31Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €0.76 to €0.59 per share. Revenue forecast steady at €229.4m. Net income forecast to shrink 9.9% next year vs 23% growth forecast for IT industry in Denmark . Consensus price target of kr.162 unchanged from last update. Share price fell 5.4% to kr.118 over the past week.お知らせ • May 29Trifork Group AG (CPSE:TRIFOR) agreed to acquire 70% stake in Spantree Technology Group, LLC.Trifork Group AG (CPSE:TRIFOR) agreed to acquire 70% stake in Spantree Technology Group, LLC on May 27, 2024. The transaction is expected to close by June 3, 2024.分析記事 • May 10Trifork Group AG Just Missed Revenue By 8.2%: Here's What Analysts Think Will Happen NextIt's been a good week for Trifork Group AG ( CPH:TRIFOR ) shareholders, because the company has just released its...お知らせ • May 08Trifork Group AG Reaffirms Earnings Guidance for the Year 2024Trifork Group AG reaffirmed earnings guidance for the year 2024. Financial outlook for 2024 is unchanged from the initial guidance given on 28 February: Revenue is expected to be in the range of €230 million to €240 million equal to 10.6-15.4% growth. Organic revenue growth is expected in the range of 9.7-14.5%. EBIT in Trifork Group is expected to be in the range of €21.5 million to €25.5 million.Reported Earnings • May 07First quarter 2024 earnings released: EPS: €0.10 (vs €0.10 in 1Q 2023)First quarter 2024 results: EPS: €0.10 (down from €0.10 in 1Q 2023). Revenue: €50.6m (up 1.7% from 1Q 2023). Net income: €2.00m (down 2.2% from 1Q 2023). Profit margin: 4.0% (down from 4.1% in 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in Europe.お知らせ • Apr 20+ 1 more updateTrifork Holding AG Approves DividendTrifork Holding AG at the Annual General Meeting held on 19 April 2024 approved the Board of Directors’ proposal to pay a gross dividend of EUR 0.10 per share (equivalent to CHF 0.10 per share) by making a payout from capital contribution reserves to the shareholders. The total gross dividend paid out amounts to CHF 1,932,000 equivalent to DKK 14,809,000 as calculated per the exchange rate published by the Swiss Federal Customs Administration as of 19 April 2024. The payout from capital contribution reserves is declared in CHF and paid out in DKK.Upcoming Dividend • Apr 15Upcoming dividend of kr.0.10 per shareEligible shareholders must have bought the stock before 22 April 2024. Payment date: 24 April 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Danish dividend payers (5.7%). Lower than average of industry peers (2.1%).Recent Insider Transactions • Mar 14Founder & CEO recently sold kr.13m worth of stockOn the 12th of March, Jorn Larsen sold around 100k shares on-market at roughly kr.128 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jorn has been a net seller over the last 12 months, reducing personal holdings by kr.11m.Declared Dividend • Mar 07Dividend of kr.0.10 announcedShareholders will receive a dividend of kr.0.10. Ex-date: 22nd April 2024 Payment date: 24th April 2024 Dividend yield will be 0.08%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 11%.New Risk • Feb 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 27% 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. This is currently the only risk that has been identified for the company.お知らせ • Feb 02Trifork Holding Ag Provides Earnings Guidance for 2023Trifork Holding AG provided earnings guidance for 2023. for the year, company expects Revenue to be EUR 207 Million -209 Million (previously EUR 207 Million -212 Million). Group EBIT is expected to be EUR 19.2 Million - 20.2 Million (previously EUR 20.5 Million -22.5 Million.Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to kr.148, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 17x in the IT industry in Europe. Total returns to shareholders of 8.9% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr.227 per share.分析記事 • Jan 27Trifork Holding AG's (CPH:TRIFOR) Shares Leap 29% Yet They're Still Not Telling The Full StoryThe Trifork Holding AG ( CPH:TRIFOR ) share price has done very well over the last month, posting an excellent gain of...お知らせ • Dec 22+ 3 more updatesTrifork Holding AG to Report Q1, 2024 Results on May 07, 2024Trifork Holding AG announced that they will report Q1, 2024 results on May 07, 2024お知らせ • Dec 21Trifork Holding AG, Annual General Meeting, Apr 19, 2024Trifork Holding AG, Annual General Meeting, Apr 19, 2024.New Risk • Dec 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 Danish stocks, typically moving 6.7% 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 (6.7% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin).Recent Insider Transactions • Nov 27Founder & CEO recently bought kr.674k worth of stockOn the 23rd of November, Jorn Larsen bought around 6k shares on-market at roughly kr.107 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr.1.0m. Jorn has been a buyer over the last 12 months, purchasing a net total of kr.1.7m worth in shares.Recent Insider Transactions • Nov 15Founder & CEO recently bought kr.1.0m worth of stockOn the 13th of November, Jorn Larsen bought around 10k shares on-market at roughly kr.104 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jorn's only on-market trade for the last 12 months.分析記事 • Nov 08What Is Trifork Holding AG's (CPH:TRIFOR) Share Price Doing?While Trifork Holding AG ( CPH:TRIFOR ) might not be the most widely known stock at the moment, it saw a double-digit...Major Estimate Revision • Nov 07Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.393 to €0.305 per share. Revenue forecast steady at €210.0m. Net income forecast to grow 93% next year vs 16% growth forecast for IT industry in Denmark. Consensus price target down from kr.200 to kr.170. Share price rose 13% to kr.112 over the past week.Price Target Changed • Nov 01Price target decreased by 15% to kr.170Down from kr.199, the current price target is an average from 3 analysts. New target price is 66% above last closing price of kr.102. Stock is down 32% over the past year. The company is forecast to post earnings per share of €0.31 for next year compared to €0.77 last year.Reported Earnings • Oct 31Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: €0.05 (down from €0.18 in 3Q 2022). Revenue: €48.1m (up 10% from 3Q 2022). Net income: €948.0k (down 73% from 3Q 2022). Profit margin: 2.0% (down from 8.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 61%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Europe.お知らせ • Oct 06Trifork Holding AG Revises Earnings Guidance for the Financial Guidance for 2023Trifork Holding AG revised earnings guidance for the financial guidance for 2023. The guidance ranges are narrowed within the previous ranges that were initially provided on 28 February 2023: Group revenue is now expected in the range of EUR 207 million - EUR 212 million (previously EUR 205 million - EUR 215 million). Group EBIT is now expected in the range of EUR 20.5 million - EUR 22.5 million (previously EUR 20.0 million - EUR 23.0 million).Major Estimate Revision • Aug 21Consensus EPS estimates fall by 33%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.623 to €0.42 per share. Revenue forecast steady at €207.6m. Net income forecast to grow 25% next year vs 17% growth forecast for IT industry in Denmark. Consensus price target down from kr.199 to kr.189. Share price fell 6.0% to kr.125 over the past week.財務状況分析短期負債: TRIFORの 短期資産 ( €86.5M ) は 短期負債 ( €97.6M ) をカバーしていません。長期負債: TRIFORの短期資産 ( €86.5M ) が 長期負債 ( €66.9M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: TRIFORの 純負債対資本比率 ( 19.2% ) は 満足できる 水準であると考えられます。負債の削減: TRIFORの負債対資本比率は、過去 5 年間で93.2%から41.5%に減少しました。債務返済能力: TRIFORの負債は 営業キャッシュフロー によって 十分にカバー されています ( 51.4% )。インタレストカバレッジ: TRIFORの負債に対する 利息支払い は EBIT ( 3.9 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 12:10終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Trifork Group AG 4 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。5 アナリスト機関null nullABG Sundal CollierSimon JonssonBerenbergLars TopholmCarnegie Investment Bank AB2 その他のアナリストを表示
分析記事 • May 15Why Trifork Group's (CPH:TRIFOR) Shaky Earnings Are Just The Beginning Of Its ProblemsA lackluster earnings announcement from Trifork Group AG ( CPH:TRIFOR ) last week didn't sink the stock price. Our...
分析記事 • May 08Trifork Group AG Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowTrifork Group AG ( CPH:TRIFOR ) just released its latest first-quarter report and things are not looking great. It...
お知らせ • May 06Trifork Group AG Reiterates Earnings Guidance for 2026Trifork Group AG reiterated earnings guidance for 2026. For the year, the company expects revenue to be in the range of EUR 230 million to EUR 240 million equal to approximately 4-9% total growth.
Reported Earnings • May 06First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: €0.15 (up from €0.033 in 1Q 2025). Revenue: €56.4m (down 2.0% from 1Q 2025). Net income: €2.99m (up 361% from 1Q 2025). Profit margin: 5.3% (up from 1.1% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 38%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • May 04Trifork Group AG Appoints Bjørn Büchmann-Slorup As Chief Commercial Officer Of Fintech DivisionTrifork Group AG announced the appointment of Bjørn Büchmann-Slorup as Chief Commercial Officer of its Fintech division, reinforcing the company’s strategic focus on driving growth and delivering cutting-edge products and solutions to the financial sector. Bjørn Büchmann-Slorup joins Trifork with extensive experience in digital transformation and financial services from Danske Bank and most recently from Valcon, bringing a strong track record of driving growth, innovation, and customer impact. In his new role, he will be responsible for accelerating Trifork’s fintech business, strengthening customer relationships, and expanding the company’s market presence. As CCO for Fintech, Bjørn Büchmann-Slorup’s mission is to drive profitable growth while enabling the organizational changes needed to support it, and to bring modern technology and AI solutions to customers so they can realize their business potential.
お知らせ • Apr 30Trifork Group AG (CPSE:TRIFOR) acquired Vion Ai GmbH.Trifork Group AG (CPSE:TRIFOR) acquired Vion Ai GmbH on April 30, 2026. The acquisition is not expected to have a material impact on Trifork Group’s revenue or earnings in 2026. Trifork Group AG (CPSE:TRIFOR) completed the acquisition of Vion Ai GmbH on April 30, 2026.
お知らせ • Apr 24Trifork North America Announces Chief Executive Officer ChangesTrifork North America has appointed Patrick Lamb as Chief Executive Officer. He brought to the role direct operational experience as the company's Head of Sales for North America leading the company’s commercial growth across the region, with a track record spanning customer acquisition, strategic partnerships, and delivery excellence. Patrick Lamb succeeded Karan Yadav in the role.
お知らせ • Apr 17Trifork Group AG Announces Board and Committee AppointmentsTrifork Group AG at the Annual General Meeting 2026 announced that the shareholders elected Anja Monrad as new Chairperson of the Board of Directors and Danny Lange as a new member. The Board of Directors designated Lars Stugemo as Vice-Chairperson. The Board of Directors designated Anja Monrad as Chairperson of Nomination and Remuneration Committee for one year.
お知らせ • Apr 09Trifork Launches Tiris Messenger Platform for European EnterprisesTrifork announced the launch of Tiris Messenger, a secure, sovereign communication platform designed for European enterprises and public sector organizations. Developed to meet the growing need for data protection, regulatory compliance, and digital sovereignty, Tiris Messenger provides a trusted, European-built foundation for modern enterprise communication. Tiris Messenger is an end-to-end encrypted messaging platform engineered for organizations operating in highly regulated environments. Developed and hosted in Denmark, the solution ensures that all data remains within Europe, offering a secure alternative to non-European communication platforms. Tiris Messenger enables customers to safeguard sensitive information, retain full ownership of their data, and confidently meet evolving compliance requirements. Tiris Messenger delivers enterprise-grade capabilities, including secure group communication and a compliance-ready architecture tailored to regulated industries. By ensuring that all data is hosted and managed within Denmark, organizations retain full control over sensitive information while meeting stringent European data protection standards. The platform will initially launch in Denmark and Switzerland, with broader European expansion planned. Tiris Messenger will also be progressively deployed across Trifork throughout 2026, serving as a core communication layer within the Group while being offered to both private and public sector customers. This launch reflects Trifork’s continued commitment to strengthening Europe’s digital independence through secure, locally governed technology.
新しいナラティブ • Mar 18Sovereign Data And Product Rollouts Will Struggle Before Eventually Supporting Modest Earnings ImprovementCatalysts About Trifork Group Trifork Group develops and operates software products and services for customers in sectors such as public administration, healthcare, aviation and telecommunications. What are the underlying business or industry changes driving this perspective?
お知らせ • Mar 06Trifork Group Launches Synq Application For Remote Maintenance And RepairTrifork Group announced the launch of its proprietary enterprise application, Synq, enabling fully remote technical maintenance and repairs. Synq alleviates the need for technicians to be on site, making it ideal for manufacturing environments and workflows across automotive, aviation, transportation, logistics, and other industries. Trifork Group is launching Synq with Fortune 500 companies, including a global FMCG company. With Synq, on-site operators can connect to a remote specialist using an Apple Vision Pro headset. The specialist can view the operator’s environment directly through either a second headset or an iPad application. Using that field of vision, the specialist can perform a full diagnostic and guide the operator through a fix in real time. Synq allows the technician to point out objects in the environment and demonstrate how to conduct a task or maneuver an object with a high degree of precision. Synq’s reliability, connectivity, and accuracy, combined with its low latency, are purpose-built for industries where operational equipment is highly technical or requires precise handling, and where delays can cost millions of dollars. The solution is available immediately.
New Risk • Mar 04New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.7% net profit margin). Significant insider selling over the past 3 months (kr.26m sold).
新しいナラティブ • Mar 03Product Shift And Digitalization Tailwinds Will Reshape This European Software ProviderCatalysts About Trifork Group Trifork Group develops and operates software products and related services for customers across public and private sectors in Europe, the US and the Middle East. What are the underlying business or industry changes driving this perspective?
New Risk • Mar 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.6% Last year net profit margin: 8.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (4.6% net profit margin). Significant insider selling over the past 3 months (kr.26m sold).
Reported Earnings • Mar 02Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €0.53 (down from €0.85 in FY 2024). Revenue: €225.6m (up 9.4% from FY 2024). Net income: €10.3m (down 38% from FY 2024). Profit margin: 4.6% (down from 8.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.3%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
お知らせ • Feb 27+ 1 more updateTrifork Group Ag Provides Revenue Guidance for 2026Trifork Group AG provided revenue guidance for 2026. For the year, the company expects group revenue to be in the range of EUR 230 million to EUR 240 million equal to 4.1-8.7% total growth.
お知らせ • Feb 18Trifork Launches Danish Sovereign Data and Ai Solution as Alternative to Us HyperscalersTrifork launched Danish sovereign data and AI solution as alternative to US hyperscalers. Danish public authorities are increasingly facing challenges related to dependency on a small number of large foreign technology providers and limited control over data and critical digital infrastructure. A PA report from January 2026 on public authorities' work with digital alternatives shows that the path toward increased digital sovereignty is not about complete disconnection, but rather about greater freedom of choice, control, and the ability to switch providers. The lack of operational alternatives makes it difficult for many public and critical infrastructure organizations to translate strategic ambitions into practice. This gap between strategy and operations is what Trifork is now addressing. Building on more than 20 years of experience in developing and operating critical IT systems in Denmark, Trifork is now consolidating existing, proven platforms and capabilities into one unified solution. A solution that enables full accountability for both technology and operations - and supports organizations all the way from strategy to implementation. The solution makes it possible to work with data and artificial intelligence on Danish soil with full control over data, AI models, and operations, and is based on platforms and services that Trifork already delivers to public and critical infrastructure customers. The solution is aimed at organizations with high requirements for security, compliance, and robustness, including public authorities and operators of critical infrastructure. Trifork's Danish sovereign data and AI solution consists of four integrated components, which together provide a complete end-to-end setup: Netic provides secure Danish data centers and access to GPU capacity capable of supporting both data-intensive and AI-based workloads, designed for organizations with high requirements for security and availability. Corax Data, a Danish-developed data platform, gives organizations full control over their data, enables advanced data analytics, and can be deployed on-premise or in a private cloud. Corax AI is Trifork's Danish AI platform supporting the development and operation of AI solutions on the organization's own terms. The platform can be integrated with secure LLM services, ensuring that data, prompts, and models remain under full control. Trifork Group provides managed operations and takes full responsibility for operations, security, and ongoing maintenance. The solution can be delivered as a complete package or assembled modularly, allowing organizations to choose one or more components depending on their existing setup and maturity. Trifork also advises customers on the selection and interaction between public, hybrid, and private cloud models to ensure the solution supports business needs, risk profile, and regulatory requirements. Available now The solution is available immediately and can be delivered to organizations seeking a real alternative to cloud-first approaches, where all data and AI workloads are placed with foreign providers.
Recent Insider Transactions • Jan 02Founder & Group CEO recently sold kr.2.0m worth of stockOn the 30th of December, Jorn Larsen sold around 21k shares on-market at roughly kr.94.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth kr.24m. Jorn has been a net seller over the last 12 months, reducing personal holdings by kr.32m.
Recent Insider Transactions • Dec 27Founder & Group CEO recently sold kr.24m worth of stockOn the 23rd of December, Jorn Larsen sold around 266k shares on-market at roughly kr.89.06 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jorn has been a net seller over the last 12 months, reducing personal holdings by kr.30m.
お知らせ • Dec 24Trifork Group AG (CPSE:TRIFOR) announces an Equity Buyback for 300,000 shares, representing 1.5% for DKK 14.94 million.Trifork Group AG (CPSE:TRIFOR) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.5% for DKK 14.94 million. The shares cannot be bought back at a price exceeding the higher of the share price of the last independent transaction on Nasdaq Copenhagen, and the highest independent bid on the shares on Nasdaq Copenhagen. The purpose of the program is to meet the company's obligations pursuant to the employee stock program and potentially to reduce the share capital by cancellation of shares, if and to the extent so decided in the future by the Board of Directors, by use of the new capital band approved in the annual general meeting. The program will run no later than February 26, 2026.
お知らせ • Dec 23Arbejdsmarkedets Tillægspension (Atp) acquired an additional 8.40% stake in Xci Holding A/S from Trifork Group AG (CPSE:TRIFOR).Arbejdsmarkedets Tillægspension (Atp) acquired an additional 8.40% stake in Xci Holding A/S from Trifork Group AG (CPSE:TRIFOR) on December 22, 2025. A cash consideration will be paid by Arbejdsmarkedets Tillægspension (Atp). As part of consideration, an undisclosed value is paid towards common equity of Xci Holding A/S. Arbejdsmarkedets Tillægspension (Atp) completed the acquisition of an additional 8.40% stake in Xci Holding A/S from Trifork Group AG (CPSE:TRIFOR) on December 22, 2025.
お知らせ • Nov 26Trifork Group AG, Annual General Meeting, Apr 17, 2026Trifork Group AG, Annual General Meeting, Apr 17, 2026.
お知らせ • Nov 25+ 3 more updatesTrifork Group AG to Report Q1, 2026 Results on May 05, 2026Trifork Group AG announced that they will report Q1, 2026 results at 7:00 AM, Central European Standard Time on May 05, 2026
分析記事 • Nov 13Trifork Group's (CPH:TRIFOR) Weak Earnings May Only Reveal A Part Of The Whole PictureThe market rallied behind Trifork Group AG's ( CPH:TRIFOR ) stock, leading do a rise in the share price after its...
Reported Earnings • Nov 02Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: €0.06 (down from €0.068 in 3Q 2024). Revenue: €49.8m (up 5.6% from 3Q 2024). Net income: €1.24m (down 5.9% from 3Q 2024). Profit margin: 2.5% (down from 2.8% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 01Trifork Group AG Revises Earnings Guidance for the Full Year 2025Trifork Group AG revised earnings guidance for the full year 2025. The financial outlook for full-year 2025 is narrowed within the original range. Revenue is expected to be in the range of EUR 217.5 million-EUR 222.5 million (previously EUR 215 million -EUR 225 million), equal to 5.6-8.0% total growth. Organic revenue growth is expected in the range of 4.2%-6.6% (previously 2.9%-7.8%). EBIT in Trifork Group is expected to be in the range of EUR 16.5 million -EUR 19.0 million (previously EUR 14.5 million -EUR 19.5 million).
Price Target Changed • Sep 25Price target decreased by 9.6% to kr.110Down from kr.122, the current price target is an average from 3 analysts. New target price is 30% above last closing price of kr.84.60. Stock is down 14% over the past year. The company is forecast to post earnings per share of €0.36 for next year compared to €0.85 last year.
Recent Insider Transactions • Sep 04Founder & CEO recently sold kr.900k worth of stockOn the 2nd of September, Jorn Larsen sold around 10k shares on-market at roughly kr.90.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jorn has been a net seller over the last 12 months, reducing personal holdings by kr.5.5m.
Major Estimate Revision • Aug 26Consensus EPS estimates increase by 24%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €0.33 to €0.41. Revenue forecast steady at €220.6m. Net income forecast to shrink 20% next year vs 28% growth forecast for IT industry in Denmark . Consensus price target broadly unchanged at kr.120. Share price fell 3.8% to kr.89.50 over the past week.
Reported Earnings • Aug 19Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: €0.01 loss per share (down from €0.052 profit in 2Q 2024). Revenue: €55.4m (up 5.6% from 2Q 2024). Net loss: €118.0k (down 112% from profit in 2Q 2024). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 21% per year.
お知らせ • Aug 19Wingmen Solutions ApS agreed to acquire 51% stake in Trifork Security A/S from Trifork Group AG (CPSE:TRIFOR) and key employees.Wingmen Solutions ApS agreed to acquire 51% stake in Trifork Security A/S from Trifork Group AG (CPSE:TRIFOR) and key employees on August 19, 2025. Upon completion of the transaction, the deconsolidation of Trifork Security A/S will not affect Trifork Group AG’s full-year financial guidance. Trifork Group AG’s ownership of Trifork Security A/S will be reduced from 84.6% (with the remaining shares owned by its management and key employees) to 41.5%. As a result of Trifork Group AG becoming a minority owner, Trifork Security A/S will be deconsolidated from Trifork Group AG’s income reporting, and the remaining 41.5% ownership will be reported as a financial asset in the Trifork Labs reporting segment, which holds the Group’s minority investments in fast-growing technology companies founded by Trifork or external partners. Wingmen Solutions ApS will have the option to acquire Trifork Group AG’s remaining shares in 2027 after the filing of Trifork Security A/S’ 2026 Annual Report with the Danish Business Authority. The completion of the transaction is subject to regulatory approval.
分析記事 • May 14We Think You Should Be Aware Of Some Concerning Factors In Trifork Group's (CPH:TRIFOR) EarningsTrifork Group AG's ( CPH:TRIFOR ) robust recent earnings didn't do much to move the stock. We think this is due to...
Reported Earnings • May 07First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: €0.03 (down from €0.10 in 1Q 2024). Revenue: €58.1m (up 15% from 1Q 2024). Net income: €649.0k (down 68% from 1Q 2024). Profit margin: 1.1% (down from 4.0% in 1Q 2024). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) missed analyst estimates by 73%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 24% per year.
Major Estimate Revision • Apr 30Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €218.8m to €216.3m. EPS estimate also fell from €0.49 per share to €0.423 per share. Net income forecast to shrink 49% next year vs 18% growth forecast for IT industry in Denmark . Consensus price target of kr.113 unchanged from last update. Share price rose 7.9% to kr.91.90 over the past week.
お知らせ • Apr 15Trifork Group AG Approves Board ChangesTrifork Group AG announced that at its AGM held on 15 April 2025, the shareholders elected Lars Stugemo as new member of the board of directors for a term of one year. The Board of Directors designated Maria Hjorth as Vice-Chairperson. Olivier Jaquet decided not to stand for re-election.
分析記事 • Apr 09Here's Why Shareholders Should Examine Trifork Group AG's (CPH:TRIFOR) CEO Compensation Package More CloselyKey Insights Trifork Group will host its Annual General Meeting on 15th of April Salary of €737.2k is part of CEO Jorn...
分析記事 • Mar 21Trifork Group AG's (CPH:TRIFOR) Shares Climb 28% But Its Business Is Yet to Catch UpTrifork Group AG ( CPH:TRIFOR ) shareholders have had their patience rewarded with a 28% share price jump in the last...
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr.91.70, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 15x in the IT industry in Europe. Total loss to shareholders of 50% over the past three years.
Recent Insider Transactions • Mar 06Founder & CEO recently sold kr.5.0m worth of stockOn the 3rd of March, Jorn Larsen sold around 60k shares on-market at roughly kr.83.55 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jorn has been a net seller over the last 12 months, reducing personal holdings by kr.17m.
Reported Earnings • Mar 02Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €0.85 (up from €0.75 in FY 2023). Revenue: €207.7m (flat on FY 2023). Net income: €16.6m (up 13% from FY 2023). Profit margin: 8.0% (up from 7.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 174%. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 26% per year.
お知らせ • Feb 28+ 1 more updateTrifork Group AG Provides Earnings Guidance for the Year 2025Trifork Group AG provided earnings guidance for the year 2025. For the period, the company's Revenue is expected to be in the range of EUR 215 million to EUR 225 million equal to 4.4% to 9.3% total growth. Organic revenue growth is expected in the range of 2.9% to 7.8%. EBIT in Trifork Group is expected to be in the range of EUR 14.5 million - EUR 19.5 million.
Major Estimate Revision • Feb 27Consensus EPS estimates increase by 24%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.25 to €0.31. Revenue forecast steady at €205.4m. Net income forecast to shrink 52% next year vs 25% growth forecast for IT industry in Denmark . Consensus price target of kr.112 unchanged from last update. Share price rose 4.5% to kr.80.50 over the past week.
New Risk • Feb 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
新しいナラティブ • Feb 24Involvement In VR And Spatial Computing Will Open New Markets But Declining Margins May Impact Earnings Strategic investments in IP, platforms, and spatial computing are expected to drive future revenue growth, particularly in U.S. operations and healthcare sectors.
お知らせ • Feb 24Trifork Group AG Announces Casey Rosenthal's Transition from Board Member to Operational Role in Trifork USCasey Rosenthal, Member of the Board of Directors of Trifork Group AG since 2019, is joining Trifork’s US organization in an operational role and has therefore left the Board of Directors with immediate effect. Casey Rosenthal will be a member of the management team of Trifork US, leading growth in the Platform and Data Engineering space. Pairing his extensive experience in managing large-scale platforms with Trifork’s expertise in building scalable, resilient solutions, Casey Rosenthal will be key in executing Trifork’s ambition to continue the strong growth witnessed in North America in the past years. Before joining Trifork US, Casey Rosenthal was a software entrepreneur and an engineering manager in the Traffic Engineering and Chaos Engineering teams at Netflix. He has managed teams to tackle big data and architect solutions to difficult problems. He finds opportunities to leverage his experience with distributed systems and artificial intelligence, translating novel algorithms and academia into working models. Casey Rosenthal also models human behavior using personality profiles in Ruby, Erlang, Elixir, Prolog, Scala, and other languages. He speaks frequently at conferences on the topics of chaos engineering and complexity.
Major Estimate Revision • Jan 17Consensus EPS estimates increase by 29%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €208.8m to €205.3m. EPS estimate rose from €0.317 to €0.407. Net income forecast to shrink 42% next year vs 24% growth forecast for IT industry in Denmark . Consensus price target down from kr.120 to kr.104. Share price was steady at kr.79.80 over the past week.
Price Target Changed • Jan 17Price target decreased by 13% to kr.104Down from kr.120, the current price target is an average from 4 analysts. New target price is 31% above last closing price of kr.79.80. Stock is down 34% over the past year. The company is forecast to post earnings per share of €0.41 for next year compared to €0.75 last year.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr.86.80, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the IT industry in Europe. Total loss to shareholders of 61% over the past three years.
分析記事 • Jan 04Is Now An Opportune Moment To Examine Trifork Group AG (CPH:TRIFOR)?While Trifork Group AG ( CPH:TRIFOR ) might not have the largest market cap around , it saw a decent share price growth...
分析記事 • Nov 09Trifork Group (CPH:TRIFOR) Strong Profits May Be Masking Some Underlying IssuesThe market shrugged off Trifork Group AG's ( CPH:TRIFOR ) solid earnings report. We did some digging and believe...
Major Estimate Revision • Nov 08Consensus EPS estimates fall by 34%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €215.1m to €205.6m. EPS estimate also fell from €0.377 per share to €0.25 per share. Net income forecast to shrink 45% next year vs 20% growth forecast for IT industry in Denmark . Consensus price target down from kr.137 to kr.122. Share price fell 4.2% to kr.80.50 over the past week.
分析記事 • Nov 06Trifork Group AG Just Missed EPS By 22%: Here's What Analysts Think Will Happen NextIt's shaping up to be a tough period for Trifork Group AG ( CPH:TRIFOR ), which a week ago released some disappointing...
Price Target Changed • Nov 04Price target decreased by 12% to kr.122Down from kr.138, the current price target is an average from 3 analysts. New target price is 42% above last closing price of kr.85.90. Stock is down 21% over the past year. The company is forecast to post earnings per share of €0.25 for next year compared to €0.75 last year.
お知らせ • Nov 02Trifork Group AG Revises Earnings Guidance for the Year 2024Trifork Group AG revised earnings guidance for the year 2024. For the year, the company expects revenue to be in the range of EUR 205 million to EUR 208 million against previous guidance range of EUR 215 million to EUR 220 million, equal to negative 1.4% to 0.0% growth. The revised revenue guidance is explained by lower revenue expectations in the fourth quarter, including around EUR 7 million (license and hardware sales) in revenue on already agreed engagements now delayed to 2025. EBIT expects to be in the range of EUR 8 million to EUR 10 million against previous guidance range of EUR 14 million to EUR 17 million. As the planned transaction in the company’s managed security services is not yet to be closed, the company has excluded any potential effect from its potential deconsolidation in the guidance. The company expects a positive effect between EUR 3 million to EUR 5 million on unadjusted EBITDA and EBIT when the process is completed.
Reported Earnings • Nov 01Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: €0.07 (up from €0.049 in 3Q 2023). Revenue: €47.3m (down 1.6% from 3Q 2023). Net income: €1.31m (up 38% from 3Q 2023). Profit margin: 2.8% (up from 2.0% in 3Q 2023). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 25Trifork Group AG, Annual General Meeting, Apr 15, 2025Trifork Group AG, Annual General Meeting, Apr 15, 2025.
お知らせ • Sep 23+ 3 more updatesTrifork Group AG to Report Q4, 2024 Results on Feb 28, 2025Trifork Group AG announced that they will report Q4, 2024 results on Feb 28, 2025
Recent Insider Transactions • Sep 08Founder & CEO recently bought kr.188k worth of stockOn the 5th of September, Jorn Larsen bought around 2k shares on-market at roughly kr.95.20 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Jorn has been a net seller over the last 12 months, reducing personal holdings by kr.11m.
Major Estimate Revision • Aug 27Consensus EPS estimates fall by 24%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €227.5m to €222.0m. EPS estimate also fell from €0.593 per share to €0.45 per share. Net income forecast to shrink 27% next year vs 27% growth forecast for IT industry in Denmark . Consensus price target down from kr.148 to kr.142. Share price was steady at kr.98.70 over the past week.
分析記事 • Aug 23Trifork Group AG Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Trifork Group AG ( CPH:TRIFOR ) last week released its latest quarterly, and things did not turn out...
Reported Earnings • Aug 21Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: €0.05 (up from €0.097 loss in 2Q 2023). Revenue: €52.5m (down 5.0% from 2Q 2023). Net income: €1.01m (up €2.91m from 2Q 2023). Profit margin: 1.9% (up from net loss in 2Q 2023). Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 19Trifork Group Revises Earnings Guidance for Full Year 2024Trifork Group revised earnings guidance for full year 2024. The company expects revenues to be in the range of EUR 215 million to EUR 220 million (previously EUR 220 million to EUR 230 million) equal to 3.4% to 5.8% growth. Inorganic revenue is still expected to be EUR 5.4 million and EBIT in Trifork Group is expected to be in the range of EUR 14 million to EUR 17 million (previously EUR 17 million to EUR 21 million).
Price Target Changed • Jun 13Price target decreased by 9.3% to kr.147Down from kr.162, the current price target is an average from 3 analysts. New target price is 25% above last closing price of kr.117. Stock is down 16% over the past year. The company is forecast to post earnings per share of €0.59 for next year compared to €0.75 last year.
Major Estimate Revision • May 31Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €0.76 to €0.59 per share. Revenue forecast steady at €229.4m. Net income forecast to shrink 9.9% next year vs 23% growth forecast for IT industry in Denmark . Consensus price target of kr.162 unchanged from last update. Share price fell 5.4% to kr.118 over the past week.
お知らせ • May 29Trifork Group AG (CPSE:TRIFOR) agreed to acquire 70% stake in Spantree Technology Group, LLC.Trifork Group AG (CPSE:TRIFOR) agreed to acquire 70% stake in Spantree Technology Group, LLC on May 27, 2024. The transaction is expected to close by June 3, 2024.
分析記事 • May 10Trifork Group AG Just Missed Revenue By 8.2%: Here's What Analysts Think Will Happen NextIt's been a good week for Trifork Group AG ( CPH:TRIFOR ) shareholders, because the company has just released its...
お知らせ • May 08Trifork Group AG Reaffirms Earnings Guidance for the Year 2024Trifork Group AG reaffirmed earnings guidance for the year 2024. Financial outlook for 2024 is unchanged from the initial guidance given on 28 February: Revenue is expected to be in the range of €230 million to €240 million equal to 10.6-15.4% growth. Organic revenue growth is expected in the range of 9.7-14.5%. EBIT in Trifork Group is expected to be in the range of €21.5 million to €25.5 million.
Reported Earnings • May 07First quarter 2024 earnings released: EPS: €0.10 (vs €0.10 in 1Q 2023)First quarter 2024 results: EPS: €0.10 (down from €0.10 in 1Q 2023). Revenue: €50.6m (up 1.7% from 1Q 2023). Net income: €2.00m (down 2.2% from 1Q 2023). Profit margin: 4.0% (down from 4.1% in 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in Europe.
お知らせ • Apr 20+ 1 more updateTrifork Holding AG Approves DividendTrifork Holding AG at the Annual General Meeting held on 19 April 2024 approved the Board of Directors’ proposal to pay a gross dividend of EUR 0.10 per share (equivalent to CHF 0.10 per share) by making a payout from capital contribution reserves to the shareholders. The total gross dividend paid out amounts to CHF 1,932,000 equivalent to DKK 14,809,000 as calculated per the exchange rate published by the Swiss Federal Customs Administration as of 19 April 2024. The payout from capital contribution reserves is declared in CHF and paid out in DKK.
Upcoming Dividend • Apr 15Upcoming dividend of kr.0.10 per shareEligible shareholders must have bought the stock before 22 April 2024. Payment date: 24 April 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Danish dividend payers (5.7%). Lower than average of industry peers (2.1%).
Recent Insider Transactions • Mar 14Founder & CEO recently sold kr.13m worth of stockOn the 12th of March, Jorn Larsen sold around 100k shares on-market at roughly kr.128 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jorn has been a net seller over the last 12 months, reducing personal holdings by kr.11m.
Declared Dividend • Mar 07Dividend of kr.0.10 announcedShareholders will receive a dividend of kr.0.10. Ex-date: 22nd April 2024 Payment date: 24th April 2024 Dividend yield will be 0.08%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 11%.
New Risk • Feb 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 27% 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. This is currently the only risk that has been identified for the company.
お知らせ • Feb 02Trifork Holding Ag Provides Earnings Guidance for 2023Trifork Holding AG provided earnings guidance for 2023. for the year, company expects Revenue to be EUR 207 Million -209 Million (previously EUR 207 Million -212 Million). Group EBIT is expected to be EUR 19.2 Million - 20.2 Million (previously EUR 20.5 Million -22.5 Million.
Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to kr.148, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 17x in the IT industry in Europe. Total returns to shareholders of 8.9% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr.227 per share.
分析記事 • Jan 27Trifork Holding AG's (CPH:TRIFOR) Shares Leap 29% Yet They're Still Not Telling The Full StoryThe Trifork Holding AG ( CPH:TRIFOR ) share price has done very well over the last month, posting an excellent gain of...
お知らせ • Dec 22+ 3 more updatesTrifork Holding AG to Report Q1, 2024 Results on May 07, 2024Trifork Holding AG announced that they will report Q1, 2024 results on May 07, 2024
お知らせ • Dec 21Trifork Holding AG, Annual General Meeting, Apr 19, 2024Trifork Holding AG, Annual General Meeting, Apr 19, 2024.
New Risk • Dec 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 Danish stocks, typically moving 6.7% 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 (6.7% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin).
Recent Insider Transactions • Nov 27Founder & CEO recently bought kr.674k worth of stockOn the 23rd of November, Jorn Larsen bought around 6k shares on-market at roughly kr.107 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr.1.0m. Jorn has been a buyer over the last 12 months, purchasing a net total of kr.1.7m worth in shares.
Recent Insider Transactions • Nov 15Founder & CEO recently bought kr.1.0m worth of stockOn the 13th of November, Jorn Larsen bought around 10k shares on-market at roughly kr.104 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jorn's only on-market trade for the last 12 months.
分析記事 • Nov 08What Is Trifork Holding AG's (CPH:TRIFOR) Share Price Doing?While Trifork Holding AG ( CPH:TRIFOR ) might not be the most widely known stock at the moment, it saw a double-digit...
Major Estimate Revision • Nov 07Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.393 to €0.305 per share. Revenue forecast steady at €210.0m. Net income forecast to grow 93% next year vs 16% growth forecast for IT industry in Denmark. Consensus price target down from kr.200 to kr.170. Share price rose 13% to kr.112 over the past week.
Price Target Changed • Nov 01Price target decreased by 15% to kr.170Down from kr.199, the current price target is an average from 3 analysts. New target price is 66% above last closing price of kr.102. Stock is down 32% over the past year. The company is forecast to post earnings per share of €0.31 for next year compared to €0.77 last year.
Reported Earnings • Oct 31Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: €0.05 (down from €0.18 in 3Q 2022). Revenue: €48.1m (up 10% from 3Q 2022). Net income: €948.0k (down 73% from 3Q 2022). Profit margin: 2.0% (down from 8.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 61%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Europe.
お知らせ • Oct 06Trifork Holding AG Revises Earnings Guidance for the Financial Guidance for 2023Trifork Holding AG revised earnings guidance for the financial guidance for 2023. The guidance ranges are narrowed within the previous ranges that were initially provided on 28 February 2023: Group revenue is now expected in the range of EUR 207 million - EUR 212 million (previously EUR 205 million - EUR 215 million). Group EBIT is now expected in the range of EUR 20.5 million - EUR 22.5 million (previously EUR 20.0 million - EUR 23.0 million).
Major Estimate Revision • Aug 21Consensus EPS estimates fall by 33%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.623 to €0.42 per share. Revenue forecast steady at €207.6m. Net income forecast to grow 25% next year vs 17% growth forecast for IT industry in Denmark. Consensus price target down from kr.199 to kr.189. Share price fell 6.0% to kr.125 over the past week.
