New Risk • Apr 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Negative equity (-€2.4m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (€553k net loss in 3 years). Market cap is less than US$100m (€32.0m market cap, or US$34.1m). New Risk • Dec 11
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€2.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€2.1m free cash flow). Negative equity (-€2.4m). Earnings have declined by 40% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€32.0m market cap, or US$34.4m). New Risk • Oct 12
New major risk - Revenue and earnings growth Earnings have declined by 40% 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 Negative equity (-€2.4m). Earnings have declined by 40% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-€2.1m). Market cap is less than US$100m (€32.0m market cap, or US$33.7m). New Risk • Oct 08
New major risk - Negative shareholders equity The company has negative equity. Total equity: -€2.4m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risk Negative equity (-€2.4m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€2.1m). Currently unprofitable and not forecast to become profitable over next 2 years (€403k net loss in 2 years). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (€32.0m market cap, or US$33.9m). Reported Earnings • Mar 05
Full year 2022 earnings released Full year 2022 results: Revenue: €18.5m (up 15% from FY 2021). Net loss: €3.01m (loss widened 19% from FY 2021). お知らせ • Apr 06
Ecolumber, S.A. announced that it expects to receive €1.3 million in funding Ecolumber, S.A. announced that it will receive €1,300,000 in a round of funding on April 4, 2022. The company will issue convertible loans in the transaction. The company will pay 4.5% interest per annum on maturity. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: €0.09 loss per share (up from €0.19 loss in FY 2020). Revenue: €16.1m (flat on FY 2020). Net loss: €2.52m (loss narrowed 49% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. お知らせ • Aug 12
An unknown buyer acquired PAMPA GRANDE, S.A from Ecolumber, S.A. (BDM:ECO) for $1.5 million. An unknown buyer acquired PAMPA GRANDE, S.A from Ecolumber, S.A. (BDM:ECO) for $1.5 million on August 11, 2021.
An unknown buyer completed the acquisition of PAMPA GRANDE, S.A from Ecolumber, S.A. (BDM:ECO) on August 11, 2021.