View ValuationSpineway 将来の成長Future 基準チェック /16Spinewayの収益は年間5.4%で減少すると予測されていますが、年間収益は年間6.3%で増加すると予想されています。EPS は年間4.1%で減少すると予想されています。主要情報-5.4%収益成長率-4.12%EPS成長率Medical Equipment 収益成長13.3%収益成長率6.3%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日20 Mar 2026今後の成長に関する最新情報Price Target Changed • Mar 22Price target increased by 22% to €0.33Up from €0.27, the current price target is provided by 1 analyst. New target price is 110% above last closing price of €0.16. Stock is up 58% over the past year.Breakeven Date Change • Apr 09Forecast to breakeven in 2023The analyst covering Spineway expects the company to break even for the first time. New forecast suggests the company will make a profit of €300.0k in 2023. Earnings growth of 139% is required to achieve expected profit on schedule.Price Target Changed • Jan 20Price target decreased to €290Down from €400, the current price target is provided by 1 analyst. New target price is 15,576% above last closing price of €1.85. Stock is down 94% over the past year. The company is forecast to post a net loss per share of €0.53 next year compared to a net loss per share of €4.76 last year.Price Target Changed • Jul 26Price target increased to €0.01Up from €0.0084, the current price target is provided by 1 analyst. New target price is 9,900% above last closing price of €0.0001. Stock is down 93% over the past year. The company posted a net loss per share of €0.00012 last year.分析記事 • Mar 22Spineway Société Anonyme's (EPA:ALSPW) Shift From Loss To ProfitWe feel now is a pretty good time to analyse Spineway Société Anonyme's ( EPA:ALSPW ) business as it appears the...Price Target Changed • Jan 27Price target raised to €0.01Up from €0.0084, the current price target is provided by 1 analyst. The new target price is 809% above the current share price of €0.0011. As of last close, the stock is down 82% over the past year.すべての更新を表示Recent updatesお知らせ • May 01Spineway SA to Report First Half, 2026 Results on Jul 30, 2026Spineway SA announced that they will report first half, 2026 results on Jul 30, 2026New Risk • Mar 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.4% 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 Risks Earnings are forecast to decline by an average of 5.4% per year for the foreseeable future. Market cap is less than US$10m (€3.13m market cap, or US$3.61m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€2.5m net loss in 2 years). Share price has been volatile over the past 3 months (9.4% average weekly change).Price Target Changed • Mar 22Price target increased by 22% to €0.33Up from €0.27, the current price target is provided by 1 analyst. New target price is 110% above last closing price of €0.16. Stock is up 58% over the past year.お知らせ • Mar 09Spineway SA, Annual General Meeting, Apr 02, 2026Spineway SA, Annual General Meeting, Apr 02, 2026. Location: 7 allee du moulin berger, batiment 7, ecully FranceReported Earnings • Feb 20Full year 2025 earnings releasedFull year 2025 results: Revenue: €12.4m (down 2.4% from FY 2024). Net loss: €2.24m (loss narrowed 42% from FY 2024).New Risk • Feb 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 Market cap is less than US$10m (€3.64m market cap, or US$4.33m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (8.4% average weekly change).分析記事 • Jan 23Spineway SA's (EPA:ALSPW) Subdued P/S Might Signal An OpportunityYou may think that with a price-to-sales (or "P/S") ratio of 0.3x Spineway SA ( EPA:ALSPW ) is definitely a stock worth...お知らせ • Jan 14Spineway SA to Report Fiscal Year 2025 Results on Feb 17, 2026Spineway SA announced that they will report fiscal year 2025 results on Feb 17, 2026分析記事 • Oct 09A Piece Of The Puzzle Missing From Spineway SA's (EPA:ALSPW) 57% Share Price ClimbThe Spineway SA ( EPA:ALSPW ) share price has done very well over the last month, posting an excellent gain of 57...分析記事 • Oct 08Is Spineway (EPA:ALSPW) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Aug 04First half 2025 earnings releasedFirst half 2025 results: Revenue: €5.57m (down 16% from 1H 2024). Net loss: €1.42m (loss narrowed 58% from 1H 2024).分析記事 • Jul 29Investors Aren't Entirely Convinced By Spineway SA's (EPA:ALSPW) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.2x Spineway SA ( EPA:ALSPW ) is a stock worth checking...New Risk • Jun 17New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 22x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Shareholders have been substantially diluted in the past year (over 22x increase in shares outstanding). Market cap is less than US$10m (€2.86m market cap, or US$3.31m). Minor Risk Currently unprofitable and not forecast to become profitable next year (€300k net loss next year).お知らせ • May 02Spineway SA, Annual General Meeting, Jun 04, 2025Spineway SA, Annual General Meeting, Jun 04, 2025. Location: 7 allee du moulin berger, batiment 7, ecully FranceReported Earnings • Mar 25Full year 2024 earnings releasedFull year 2024 results: Revenue: €12.0m (up 5.2% from FY 2023). Net loss: €3.86m (loss narrowed 41% from FY 2023). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Medical Equipment industry in France.お知らせ • Jan 23Spineway SA to Report Fiscal Year 2024 Results on Mar 24, 2025Spineway SA announced that they will report fiscal year 2024 results on Mar 24, 2025New Risk • Oct 28New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Market cap is less than US$10m (€132.6k market cap, or US$143.1k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€300k net loss in 2 years).お知らせ • Jul 25Spineway SA to Report First Half, 2024 Results on Sep 24, 2024Spineway SA announced that they will report first half, 2024 results on Sep 24, 2024分析記事 • Mar 19Not Many Are Piling Into Spineway SA (EPA:ALSPW) Stock Yet As It Plummets 32%Unfortunately for some shareholders, the Spineway SA ( EPA:ALSPW ) share price has dived 32% in the last thirty days...お知らせ • Feb 09Spineway SA, Annual General Meeting, Mar 25, 2024Spineway SA, Annual General Meeting, Mar 25, 2024.Reported Earnings • Feb 09Full year 2023 earnings releasedFull year 2023 results: Revenue: €10.5m (up 23% from FY 2022). Net loss: €6.51m (loss widened 108% from FY 2022).分析記事 • Jan 31Market Might Still Lack Some Conviction On Spineway SA (EPA:ALSPW) Even After 162% Share Price BoostSpineway SA ( EPA:ALSPW ) shareholders are no doubt pleased to see that the share price has bounced 162% in the last...お知らせ • Jan 26Spineway SA to Report Q4, 2023 Results on Feb 07, 2024Spineway SA announced that they will report Q4, 2023 results on Feb 07, 2024お知らせ • Nov 08Spineway Sa Announces the Appointment of Sandrine Carle as Deputy Chief Executive OfficerThe Spineway Group announced the appointment of Sandrine Carle as Deputy Chief Executive Officer. Ms. Carle joined Spineway in July 2022, at the time of the acquisition of Spine Innovations, where she was CEO. She was instrumental in the successful integration of Spine Innovations into the Spineway Group. After earning a degree as a biomedical engineer (UT Compiègne) and an Executive MBA at HEC in Paris, Sandrine Carle worked for over 20 years in the orthopedic surgery sector, and more specifically in the spinal surgery sector at Medtronic (Europe), Kyphon (USA) and Vexim (France). She held marketing and management positions in France and the USA before being appointed CEO of Spine Innovations in 2020. Ms. Carle led the creation of this entity following a spin-off in 2020 and the development of this activity between 2020 and 2022. She led the recruitment and management of around fifteen employees, set up the functional and operational organization of the team and also obtained the company’s certification from the notified body, G-MED (France). Working alongside Stéphane Le Roux, CEO of Spineway, Sandrine Carle is responsible for conducting the Group’s overall roadmap, in particular the business development plan aimed at returning to operating breakeven, as well as all R&D projects (short, medium and long term).お知らせ • Oct 20Spineway Group Obtains 510(K) Clearance from the US Food and Drug Administration for its VEOS Spinal Fixation SystemSpineway Group announced the recent 510(k) clearance from the US Food and Drug Administration (FDA) for its VEOS Spinal Fixation System. This clearance, which allows Spineway Group to market its VEOS system in the US, represents a significant achievement for the Group and reinforces its strategic approach to develop its business in the US market. This recognition also demonstrates the Group's commitment to provide innovative solutions to surgeons and to put the well-being of patients first. This innovative medical device is presented at the North American Spine Society (NASS) Congress in Los Angeles until 21 October 2023. The VEOS Spinal Fixations System is a complete platform that offers an innovative and versatile solution tailored to surgeons' needs. The VEOS platform is easy to use, fully modular and optimizes operational excellence in operating room. This new offering enables surgeons to perform open, minimally invasive and percutaneous surgery (MIS) for the treatment of a wide range of spinal pathologies, from degenerative spine to complex surgery and deformities.Reported Earnings • Sep 21First half 2023 earnings releasedFirst half 2023 results: Revenue: €5.43m (up 51% from 1H 2022). Net loss: €1.89m (loss widened 136% from 1H 2022).New Risk • Aug 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Risks Less than 1 year of cash runway based on free cash flow trend (-€14m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 0.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Market cap is less than US$10m (€619.2k market cap, or US$672.6k). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).New Risk • Jul 26New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 8x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€14m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Market cap is less than US$10m (€987.0k market cap, or US$1.09m).Breakeven Date Change • Apr 09Forecast to breakeven in 2023The analyst covering Spineway expects the company to break even for the first time. New forecast suggests the company will make a profit of €300.0k in 2023. Earnings growth of 139% is required to achieve expected profit on schedule.Reported Earnings • Feb 14Full year 2022 earnings releasedFull year 2022 results: Revenue: €7.43m (up 48% from FY 2021). Net loss: €3.14m (loss widened 98% from FY 2021). Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Medical Equipment industry in France.お知らせ • Feb 02Spineway SA to Report First Half, 2023 Results on Sep 19, 2023Spineway SA announced that they will report first half, 2023 results on Sep 19, 2023お知らせ • Jan 25Spineway SA to Report Fiscal Year 2022 Results on Feb 09, 2023Spineway SA announced that they will report fiscal year 2022 results After-Market on Feb 09, 2023Price Target Changed • Jan 20Price target decreased to €290Down from €400, the current price target is provided by 1 analyst. New target price is 15,576% above last closing price of €1.85. Stock is down 94% over the past year. The company is forecast to post a net loss per share of €0.53 next year compared to a net loss per share of €4.76 last year.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Joseph Brigneaud was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Sep 09First half 2022 earnings releasedFirst half 2022 results: Revenue: €3.11m (up 27% from 1H 2021). Net loss: €803.0k (loss widened 30% from 1H 2021).Price Target Changed • Jul 26Price target increased to €0.01Up from €0.0084, the current price target is provided by 1 analyst. New target price is 9,900% above last closing price of €0.0001. Stock is down 93% over the past year. The company posted a net loss per share of €0.00012 last year.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Joseph Brigneaud was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.分析記事 • Apr 12Is Spineway (EPA:ALSPW) Using Debt Sensibly?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Feb 04Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: €0 (up from €0.005 loss in FY 2020). Revenue: €5.04m (up 12% from FY 2020). Net loss: €1.58m (loss narrowed 89% from FY 2020). Revenue missed analyst estimates by 39%. Earnings per share (EPS) exceeded analyst estimates.分析記事 • Dec 27Spineway Société Anonyme (EPA:ALSPW) Has Debt But No Earnings; Should You Worry?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • May 14Is Spineway Société Anonyme (EPA:ALSPW) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Mar 22Spineway Société Anonyme's (EPA:ALSPW) Shift From Loss To ProfitWe feel now is a pretty good time to analyse Spineway Société Anonyme's ( EPA:ALSPW ) business as it appears the...Reported Earnings • Jan 28Full year 2020 earnings released: €0.005 loss per share (vs €0.064 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €4.51m (down 19% from FY 2019). Net loss: €14.1m (loss widened 390% from FY 2019). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 94% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Jan 28Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 48%. Earnings per share (EPS) exceeded analyst estimates by 29%. Over the next year, revenue is forecast to grow 55%, compared to a 1,649% growth forecast for the Medical Equipment industry in France.分析記事 • Jan 28Spineway Société Anonyme (EPA:ALSPW) Has Debt But No Earnings; Should You Worry?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Price Target Changed • Jan 27Price target raised to €0.01Up from €0.0084, the current price target is provided by 1 analyst. The new target price is 809% above the current share price of €0.0011. As of last close, the stock is down 82% over the past year.Reported Earnings • Oct 30First half earnings releasedOver the last 12 months the company has reported total losses of €13.3m, with losses widening by 249% from the prior year. Total revenue was €5.06m over the last 12 months, down 17% from the prior year.業績と収益の成長予測ENXTPA:ALSPW - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202715-2-5-1112/31/202613-2-5-1112/31/202513-200N/A9/30/202512-200N/A6/30/202512-211N/A3/31/202512-3-1-1N/A12/31/202413-4-3-3N/A9/30/202412-6-6-5N/A6/30/202412-8-8-7N/A3/31/202412-7-7-6N/A12/31/202311-7-7-6N/A9/30/202311-5-11-4N/A6/30/202311-4-15-3N/A3/31/202310-4-14-2N/A12/31/20229-3-14-2N/A9/30/20227-2-8-2N/A6/30/20226-2-3-2N/A3/31/20226-2-3-2N/A12/31/20215-2-3-2N/A9/30/20215-2-3-1N/A6/30/20215-3-2-1N/A3/31/20215-8-2-1N/A12/31/20205-14-10N/A9/30/20205-14-30N/A6/30/20205-13-40N/A3/31/20205-8-5-1N/A12/31/20196-3-6-1N/A9/30/20196-3N/A-2N/A6/30/20196-4N/A-3N/A3/31/20196-4N/A-3N/A12/31/20187-4N/A-3N/A9/30/20187-4N/A-3N/A6/30/20187-4N/A-2N/A3/31/20188-2N/A-1N/A12/31/201710-1N/A-1N/A9/30/20179-1N/A-1N/A6/30/20179-1N/A-1N/A3/31/20177-2N/A-1N/A12/31/20165-3N/A0N/A9/30/20165-2N/AN/AN/A6/30/20166-2N/A0N/A3/31/20166-2N/A0N/A12/31/20156-2N/A0N/A9/30/20156-2N/AN/AN/A6/30/20155-2N/A-1N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ALSPW今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: ALSPW今後 3 年間、利益が出ない状態が続くと予測されています。高成長収益: ALSPW今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: ALSPWの収益 ( 6.3% ) French市場 ( 5.6% ) よりも速いペースで成長すると予測されています。高い収益成長: ALSPWの収益 ( 6.3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ALSPWの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YHealthcare 業界の高成長企業。View Past Performance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2026/05/24 08:03終値2026/05/22 00:00収益2025/12/31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Spineway SA 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Mohamed KaabouniPortzamparc BNP Paribas
Price Target Changed • Mar 22Price target increased by 22% to €0.33Up from €0.27, the current price target is provided by 1 analyst. New target price is 110% above last closing price of €0.16. Stock is up 58% over the past year.
Breakeven Date Change • Apr 09Forecast to breakeven in 2023The analyst covering Spineway expects the company to break even for the first time. New forecast suggests the company will make a profit of €300.0k in 2023. Earnings growth of 139% is required to achieve expected profit on schedule.
Price Target Changed • Jan 20Price target decreased to €290Down from €400, the current price target is provided by 1 analyst. New target price is 15,576% above last closing price of €1.85. Stock is down 94% over the past year. The company is forecast to post a net loss per share of €0.53 next year compared to a net loss per share of €4.76 last year.
Price Target Changed • Jul 26Price target increased to €0.01Up from €0.0084, the current price target is provided by 1 analyst. New target price is 9,900% above last closing price of €0.0001. Stock is down 93% over the past year. The company posted a net loss per share of €0.00012 last year.
分析記事 • Mar 22Spineway Société Anonyme's (EPA:ALSPW) Shift From Loss To ProfitWe feel now is a pretty good time to analyse Spineway Société Anonyme's ( EPA:ALSPW ) business as it appears the...
Price Target Changed • Jan 27Price target raised to €0.01Up from €0.0084, the current price target is provided by 1 analyst. The new target price is 809% above the current share price of €0.0011. As of last close, the stock is down 82% over the past year.
お知らせ • May 01Spineway SA to Report First Half, 2026 Results on Jul 30, 2026Spineway SA announced that they will report first half, 2026 results on Jul 30, 2026
New Risk • Mar 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.4% 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 Risks Earnings are forecast to decline by an average of 5.4% per year for the foreseeable future. Market cap is less than US$10m (€3.13m market cap, or US$3.61m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€2.5m net loss in 2 years). Share price has been volatile over the past 3 months (9.4% average weekly change).
Price Target Changed • Mar 22Price target increased by 22% to €0.33Up from €0.27, the current price target is provided by 1 analyst. New target price is 110% above last closing price of €0.16. Stock is up 58% over the past year.
お知らせ • Mar 09Spineway SA, Annual General Meeting, Apr 02, 2026Spineway SA, Annual General Meeting, Apr 02, 2026. Location: 7 allee du moulin berger, batiment 7, ecully France
Reported Earnings • Feb 20Full year 2025 earnings releasedFull year 2025 results: Revenue: €12.4m (down 2.4% from FY 2024). Net loss: €2.24m (loss narrowed 42% from FY 2024).
New Risk • Feb 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 Market cap is less than US$10m (€3.64m market cap, or US$4.33m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (8.4% average weekly change).
分析記事 • Jan 23Spineway SA's (EPA:ALSPW) Subdued P/S Might Signal An OpportunityYou may think that with a price-to-sales (or "P/S") ratio of 0.3x Spineway SA ( EPA:ALSPW ) is definitely a stock worth...
お知らせ • Jan 14Spineway SA to Report Fiscal Year 2025 Results on Feb 17, 2026Spineway SA announced that they will report fiscal year 2025 results on Feb 17, 2026
分析記事 • Oct 09A Piece Of The Puzzle Missing From Spineway SA's (EPA:ALSPW) 57% Share Price ClimbThe Spineway SA ( EPA:ALSPW ) share price has done very well over the last month, posting an excellent gain of 57...
分析記事 • Oct 08Is Spineway (EPA:ALSPW) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Aug 04First half 2025 earnings releasedFirst half 2025 results: Revenue: €5.57m (down 16% from 1H 2024). Net loss: €1.42m (loss narrowed 58% from 1H 2024).
分析記事 • Jul 29Investors Aren't Entirely Convinced By Spineway SA's (EPA:ALSPW) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.2x Spineway SA ( EPA:ALSPW ) is a stock worth checking...
New Risk • Jun 17New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 22x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Shareholders have been substantially diluted in the past year (over 22x increase in shares outstanding). Market cap is less than US$10m (€2.86m market cap, or US$3.31m). Minor Risk Currently unprofitable and not forecast to become profitable next year (€300k net loss next year).
お知らせ • May 02Spineway SA, Annual General Meeting, Jun 04, 2025Spineway SA, Annual General Meeting, Jun 04, 2025. Location: 7 allee du moulin berger, batiment 7, ecully France
Reported Earnings • Mar 25Full year 2024 earnings releasedFull year 2024 results: Revenue: €12.0m (up 5.2% from FY 2023). Net loss: €3.86m (loss narrowed 41% from FY 2023). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Medical Equipment industry in France.
お知らせ • Jan 23Spineway SA to Report Fiscal Year 2024 Results on Mar 24, 2025Spineway SA announced that they will report fiscal year 2024 results on Mar 24, 2025
New Risk • Oct 28New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Market cap is less than US$10m (€132.6k market cap, or US$143.1k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€300k net loss in 2 years).
お知らせ • Jul 25Spineway SA to Report First Half, 2024 Results on Sep 24, 2024Spineway SA announced that they will report first half, 2024 results on Sep 24, 2024
分析記事 • Mar 19Not Many Are Piling Into Spineway SA (EPA:ALSPW) Stock Yet As It Plummets 32%Unfortunately for some shareholders, the Spineway SA ( EPA:ALSPW ) share price has dived 32% in the last thirty days...
お知らせ • Feb 09Spineway SA, Annual General Meeting, Mar 25, 2024Spineway SA, Annual General Meeting, Mar 25, 2024.
Reported Earnings • Feb 09Full year 2023 earnings releasedFull year 2023 results: Revenue: €10.5m (up 23% from FY 2022). Net loss: €6.51m (loss widened 108% from FY 2022).
分析記事 • Jan 31Market Might Still Lack Some Conviction On Spineway SA (EPA:ALSPW) Even After 162% Share Price BoostSpineway SA ( EPA:ALSPW ) shareholders are no doubt pleased to see that the share price has bounced 162% in the last...
お知らせ • Jan 26Spineway SA to Report Q4, 2023 Results on Feb 07, 2024Spineway SA announced that they will report Q4, 2023 results on Feb 07, 2024
お知らせ • Nov 08Spineway Sa Announces the Appointment of Sandrine Carle as Deputy Chief Executive OfficerThe Spineway Group announced the appointment of Sandrine Carle as Deputy Chief Executive Officer. Ms. Carle joined Spineway in July 2022, at the time of the acquisition of Spine Innovations, where she was CEO. She was instrumental in the successful integration of Spine Innovations into the Spineway Group. After earning a degree as a biomedical engineer (UT Compiègne) and an Executive MBA at HEC in Paris, Sandrine Carle worked for over 20 years in the orthopedic surgery sector, and more specifically in the spinal surgery sector at Medtronic (Europe), Kyphon (USA) and Vexim (France). She held marketing and management positions in France and the USA before being appointed CEO of Spine Innovations in 2020. Ms. Carle led the creation of this entity following a spin-off in 2020 and the development of this activity between 2020 and 2022. She led the recruitment and management of around fifteen employees, set up the functional and operational organization of the team and also obtained the company’s certification from the notified body, G-MED (France). Working alongside Stéphane Le Roux, CEO of Spineway, Sandrine Carle is responsible for conducting the Group’s overall roadmap, in particular the business development plan aimed at returning to operating breakeven, as well as all R&D projects (short, medium and long term).
お知らせ • Oct 20Spineway Group Obtains 510(K) Clearance from the US Food and Drug Administration for its VEOS Spinal Fixation SystemSpineway Group announced the recent 510(k) clearance from the US Food and Drug Administration (FDA) for its VEOS Spinal Fixation System. This clearance, which allows Spineway Group to market its VEOS system in the US, represents a significant achievement for the Group and reinforces its strategic approach to develop its business in the US market. This recognition also demonstrates the Group's commitment to provide innovative solutions to surgeons and to put the well-being of patients first. This innovative medical device is presented at the North American Spine Society (NASS) Congress in Los Angeles until 21 October 2023. The VEOS Spinal Fixations System is a complete platform that offers an innovative and versatile solution tailored to surgeons' needs. The VEOS platform is easy to use, fully modular and optimizes operational excellence in operating room. This new offering enables surgeons to perform open, minimally invasive and percutaneous surgery (MIS) for the treatment of a wide range of spinal pathologies, from degenerative spine to complex surgery and deformities.
Reported Earnings • Sep 21First half 2023 earnings releasedFirst half 2023 results: Revenue: €5.43m (up 51% from 1H 2022). Net loss: €1.89m (loss widened 136% from 1H 2022).
New Risk • Aug 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Risks Less than 1 year of cash runway based on free cash flow trend (-€14m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 0.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Market cap is less than US$10m (€619.2k market cap, or US$672.6k). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).
New Risk • Jul 26New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 8x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€14m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Market cap is less than US$10m (€987.0k market cap, or US$1.09m).
Breakeven Date Change • Apr 09Forecast to breakeven in 2023The analyst covering Spineway expects the company to break even for the first time. New forecast suggests the company will make a profit of €300.0k in 2023. Earnings growth of 139% is required to achieve expected profit on schedule.
Reported Earnings • Feb 14Full year 2022 earnings releasedFull year 2022 results: Revenue: €7.43m (up 48% from FY 2021). Net loss: €3.14m (loss widened 98% from FY 2021). Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Medical Equipment industry in France.
お知らせ • Feb 02Spineway SA to Report First Half, 2023 Results on Sep 19, 2023Spineway SA announced that they will report first half, 2023 results on Sep 19, 2023
お知らせ • Jan 25Spineway SA to Report Fiscal Year 2022 Results on Feb 09, 2023Spineway SA announced that they will report fiscal year 2022 results After-Market on Feb 09, 2023
Price Target Changed • Jan 20Price target decreased to €290Down from €400, the current price target is provided by 1 analyst. New target price is 15,576% above last closing price of €1.85. Stock is down 94% over the past year. The company is forecast to post a net loss per share of €0.53 next year compared to a net loss per share of €4.76 last year.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Joseph Brigneaud was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Sep 09First half 2022 earnings releasedFirst half 2022 results: Revenue: €3.11m (up 27% from 1H 2021). Net loss: €803.0k (loss widened 30% from 1H 2021).
Price Target Changed • Jul 26Price target increased to €0.01Up from €0.0084, the current price target is provided by 1 analyst. New target price is 9,900% above last closing price of €0.0001. Stock is down 93% over the past year. The company posted a net loss per share of €0.00012 last year.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Joseph Brigneaud was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
分析記事 • Apr 12Is Spineway (EPA:ALSPW) Using Debt Sensibly?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Feb 04Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: €0 (up from €0.005 loss in FY 2020). Revenue: €5.04m (up 12% from FY 2020). Net loss: €1.58m (loss narrowed 89% from FY 2020). Revenue missed analyst estimates by 39%. Earnings per share (EPS) exceeded analyst estimates.
分析記事 • Dec 27Spineway Société Anonyme (EPA:ALSPW) Has Debt But No Earnings; Should You Worry?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • May 14Is Spineway Société Anonyme (EPA:ALSPW) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Mar 22Spineway Société Anonyme's (EPA:ALSPW) Shift From Loss To ProfitWe feel now is a pretty good time to analyse Spineway Société Anonyme's ( EPA:ALSPW ) business as it appears the...
Reported Earnings • Jan 28Full year 2020 earnings released: €0.005 loss per share (vs €0.064 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €4.51m (down 19% from FY 2019). Net loss: €14.1m (loss widened 390% from FY 2019). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 94% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Jan 28Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 48%. Earnings per share (EPS) exceeded analyst estimates by 29%. Over the next year, revenue is forecast to grow 55%, compared to a 1,649% growth forecast for the Medical Equipment industry in France.
分析記事 • Jan 28Spineway Société Anonyme (EPA:ALSPW) Has Debt But No Earnings; Should You Worry?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Price Target Changed • Jan 27Price target raised to €0.01Up from €0.0084, the current price target is provided by 1 analyst. The new target price is 809% above the current share price of €0.0011. As of last close, the stock is down 82% over the past year.
Reported Earnings • Oct 30First half earnings releasedOver the last 12 months the company has reported total losses of €13.3m, with losses widening by 249% from the prior year. Total revenue was €5.06m over the last 12 months, down 17% from the prior year.