View Future GrowthBlockchain Group 過去の業績過去 基準チェック /06Blockchain Groupの収益は年間平均-58.2%の割合で減少していますが、 Software業界の収益は年間 増加しています。収益は年間13.5% 0.7%割合で 増加しています。主要情報-58.23%収益成長率-28.26%EPS成長率Software 業界の成長15.21%収益成長率0.72%株主資本利益率-56.86%ネット・マージン-471.27%前回の決算情報31 Dec 2025最近の業績更新分析記事 • May 22Why Blockchain Group's (EPA:ALTBG) Healthy Earnings Aren’t As Good As They SeemShareholders were pleased with the recent earnings report from The Blockchain Group ( EPA:ALTBG ). Investors should be...Reported Earnings • May 19Full year 2024 earnings released: EPS: €0.015 (vs €0.27 loss in FY 2023)Full year 2024 results: EPS: €0.015 (up from €0.27 loss in FY 2023). Revenue: €16.2m (down 28% from FY 2023). Net income: €1.36m (up €22.5m from FY 2023). Profit margin: 8.4% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.Reported Earnings • Nov 01First half 2024 earnings released: EPS: €0.017 (vs €0.093 loss in 1H 2023)First half 2024 results: EPS: €0.017 (up from €0.093 loss in 1H 2023). Revenue: €8.35m (down 32% from 1H 2023). Net income: €1.38m (up €6.77m from 1H 2023). Profit margin: 17% (up from net loss in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance.Reported Earnings • May 30Full year 2022 earnings released: €0.087 loss per share (vs €0.013 loss in FY 2021)Full year 2022 results: €0.087 loss per share (further deteriorated from €0.013 loss in FY 2021). Revenue: €26.0m (up 38% from FY 2021). Net loss: €5.02m (loss widened €4.51m from FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Software industry in France. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 20First half 2022 earnings released: €0.067 loss per share (vs €0.002 loss in 1H 2021)First half 2022 results: €0.067 loss per share (further deteriorated from €0.002 loss in 1H 2021). Revenue: €13.6m (up 85% from 1H 2021). Net loss: €2.77m (loss widened €2.70m from 1H 2021). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Software industry in France. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 17Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: €9.52m (up 289% from FY 2019). Net income: €724.0k (up 240% from FY 2019). Profit margin: 7.6% (down from 8.7% in FY 2019). The decrease in margin was driven by higher expenses.すべての更新を表示Recent updatesお知らせ • May 04The Blockchain Group announced that it expects to receive €1.1 million in fundingThe Blockchain Group has announced to issue 10,000,000 warrants at an issue price of €0.11 per warrant for €1,100,000 on May 4, 2026. The transaction includes investor participation from strategic investor Adam Back. The warrants are converted into ordinary shares for conversion price of €0.84. The12th EGM held on June 10, 2025. The warrants will mature on May 2, 2029.お知らせ • Apr 13The Blockchain Group announced that it has received €2.845424 million in funding from UTXO Management GP, LLCOn April 13, 2026, The Blockchain Group closed the transaction.お知らせ • Mar 31The Blockchain Group announced that it expects to receive €2.845424 million in funding from UTXO Management GP, LLCThe Blockchain Group announced a private placement of 5,230,559 Ordinary Shares of the company at a price per Share of €0.544 for gross proceeds of € 2,845,424.096 on March 30, 2026. The transaction involves participation from new institutional investor Blockstream Capital Holdings to subscribe up to 4,700,000 ordinary shares of the Company amounting to € 2,556,800 and UTXO Management to subscribe up to 530,559 ordinary shares of the Company amounting € 288,624.096. The transaction has been approved in the first resolution of the General Meeting of February 21, 2025. Blockstream Capital Holdings will receive 32,900,000 ordinary shares upon following the conversion of OCA B-01 and 4,700,000 new shares after subscription totalling to 43,118,442 ordinary shares post-completion of the operations with % capital holding pre-operations of 2.40% and post-operations of 15.88% and 38.00% on fully diluted basis and UTXO Management will receive 3,713,919 shares upon the conversion of OCA B-01 and 530,559 new shares after subscription totaling to 4,244,478 ordinary shares post-completion of the operations with % capital holding pre-operations of 0% and post-operations of 1.56% and 1.07% on fully diluted basis.お知らせ • Mar 23The Blockchain Group has filed a Follow-on Equity Offering in the amount of €0.509129 million.The Blockchain Group has filed a Follow-on Equity Offering in the amount of €0.509129 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 669,906 Price\Range: €0.76 Transaction Features: Subsequent Direct Listingお知らせ • Mar 17The Blockchain Group announced that it expects to receive €3.013 million in fundingThe Blockchain Group has announced to issue 18,300,000 convertible bonds at the price of €0.11 for the gross proceeds of €2,013,000 and 9,090,910 share subscription warrants at the price of €0.11 for the gross proceeds of €1,000,000.10 for the total aggregates of €3,013,000.10 on March 17, 2026. The transaction involves the new and returning investor participation of TOBAM for 18,300,000 bonds and UTXO Management for 9,090,910 warrants. Each bond and warrant granting the right to subscribe to 1 ordinary share of the company. The transaction is approved by the board of directors in 12th resolution of the combined general meeting of June 10, 2025. The bonds have a maturity date of March 10, 2029.New Risk • Nov 02New major risk - Revenue and earnings growthEarnings have declined by 38% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 38% per year over the past 5 years. Shareholders have been substantially diluted in the past year (169% increase in shares outstanding).分析記事 • Oct 18Risks Still Elevated At These Prices As The Blockchain Group (EPA:ALCPB) Shares Dive 41%To the annoyance of some shareholders, The Blockchain Group ( EPA:ALCPB ) shares are down a considerable 41% in the...お知らせ • Sep 16The Blockchain Group announced that it has received €50 million in fundingannounced that it has raised €50 million in a round of funding on September 15, 2025. The transaction included participation from new investor Blockchain.com and existing investor Tobam.分析記事 • Aug 27More Unpleasant Surprises Could Be In Store For The Blockchain Group's (EPA:ALCPB) Shares After Tumbling 38%Unfortunately for some shareholders, the The Blockchain Group ( EPA:ALCPB ) share price has dived 38% in the last...お知らせ • Jul 28The Blockchain Group announced that it has received €4.999998 million in fundingOn July 28, 2025, the company has closed the transaction and received €4,999,998.20. The transaction included participation from the individual investor Adam Back.お知らせ • Jul 14The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.997384 million.The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.997384 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 739,000 Price\Range: €4.056 Transaction Features: Subsequent Direct Listingお知らせ • Jul 08The Blockchain Group announced that it has received €1.051775 million in funding from TOBAM S.A.S.On July 7, 2025, The Blockchain Group closed the transaction.New Risk • Jun 01New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 36% 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 (24% average weekly change). High level of non-cash earnings (23% accrual ratio). Shareholders have been substantially diluted in the past year (36% increase in shares outstanding).お知らせ • May 27The Blockchain Group announced that it expects to receive €63.3 million in fundingThe Blockchain Group announced a private placement that it will issue convertible bond for the aggregate gross proceeds of up to €63,300,000 on May 26, 2025.分析記事 • May 22Why Blockchain Group's (EPA:ALTBG) Healthy Earnings Aren’t As Good As They SeemShareholders were pleased with the recent earnings report from The Blockchain Group ( EPA:ALTBG ). Investors should be...Reported Earnings • May 19Full year 2024 earnings released: EPS: €0.015 (vs €0.27 loss in FY 2023)Full year 2024 results: EPS: €0.015 (up from €0.27 loss in FY 2023). Revenue: €16.2m (down 28% from FY 2023). Net income: €1.36m (up €22.5m from FY 2023). Profit margin: 8.4% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.New Risk • May 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 (19% average weekly change). Earnings have declined by 82% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Shareholders have been diluted in the past year (17% increase in shares outstanding).お知らせ • May 06The Blockchain Group, Annual General Meeting, Jun 10, 2025The Blockchain Group, Annual General Meeting, Jun 10, 2025. Location: tour w 102 terrasses boieldieu, puteaux France分析記事 • Apr 21Market Might Still Lack Some Conviction On The Blockchain Group (EPA:ALTBG) Even After 29% Share Price BoostDespite an already strong run, The Blockchain Group ( EPA:ALTBG ) shares have been powering on, with a gain of 29% in...分析記事 • Mar 07Not Many Are Piling Into The Blockchain Group (EPA:ALTBG) Stock Yet As It Plummets 36%The Blockchain Group ( EPA:ALTBG ) shares have retraced a considerable 36% in the last month, reversing a fair amount...分析記事 • Jan 21Market Might Still Lack Some Conviction On The Blockchain Group (EPA:ALTBG) Even After 30% Share Price BoostThe Blockchain Group ( EPA:ALTBG ) shares have continued their recent momentum with a 30% gain in the last month alone...お知らせ • Dec 05The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.499998 million.The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.499998 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,333,328 Price\Range: €0.3New Risk • Nov 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.0% This is considered a minor 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 (17% average weekly change). Earnings have declined by 82% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (7.0% increase in shares outstanding). Market cap is less than US$100m (€21.2m market cap, or US$22.6m).分析記事 • Nov 07Even With A 59% Surge, Cautious Investors Are Not Rewarding The Blockchain Group's (EPA:ALTBG) Performance CompletelyThe Blockchain Group ( EPA:ALTBG ) shareholders would be excited to see that the share price has had a great month...Reported Earnings • Nov 01First half 2024 earnings released: EPS: €0.017 (vs €0.093 loss in 1H 2023)First half 2024 results: EPS: €0.017 (up from €0.093 loss in 1H 2023). Revenue: €8.35m (down 32% from 1H 2023). Net income: €1.38m (up €6.77m from 1H 2023). Profit margin: 17% (up from net loss in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance.分析記事 • Sep 21Take Care Before Jumping Onto The Blockchain Group (EPA:ALTBG) Even Though It's 35% CheaperThe Blockchain Group ( EPA:ALTBG ) shares have had a horrible month, losing 35% after a relatively good period...New Risk • Sep 20New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.00m (US$8.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 98% per year over the past 5 years. Market cap is less than US$10m (€8.00m market cap, or US$8.93m).Board Change • Aug 15Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Chairman Jean-François Descaves was the last director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Jul 29Investors Still Aren't Entirely Convinced By The Blockchain Group's (EPA:ALTBG) Revenues Despite 38% Price JumpThe The Blockchain Group ( EPA:ALTBG ) share price has done very well over the last month, posting an excellent gain of...New Risk • Jun 04New major risk - Revenue and earnings growthEarnings have declined by 98% 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 Earnings have declined by 98% per year over the past 5 years. Market cap is less than US$10m (€8.00m market cap, or US$8.69m). Minor Risk Shareholders have been diluted in the past year (37% increase in shares outstanding).お知らせ • May 26The Blockchain Group, Annual General Meeting, Jun 28, 2024The Blockchain Group, Annual General Meeting, Jun 28, 2024. Location: tour w 102 terrasses boieldieu, puteaux FranceNew Risk • May 24New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Market cap is less than US$10m (€7.96m market cap, or US$8.63m). Minor Risk Shareholders have been diluted in the past year (37% increase in shares outstanding).New Risk • Dec 11New 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Market cap is less than US$10m (€7.94m market cap, or US$8.55m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).New Risk • Oct 19New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.32m (US$9.85m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Market cap is less than US$10m (€9.32m market cap, or US$9.85m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (€2.4m net loss in 2 years).New Risk • Sep 03New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% 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 (11% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€2.4m net loss in 2 years). Market cap is less than US$100m (€9.48m market cap, or US$10.2m).Reported Earnings • May 30Full year 2022 earnings released: €0.087 loss per share (vs €0.013 loss in FY 2021)Full year 2022 results: €0.087 loss per share (further deteriorated from €0.013 loss in FY 2021). Revenue: €26.0m (up 38% from FY 2021). Net loss: €5.02m (loss widened €4.51m from FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Software industry in France. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 20First half 2022 earnings released: €0.067 loss per share (vs €0.002 loss in 1H 2021)First half 2022 results: €0.067 loss per share (further deteriorated from €0.002 loss in 1H 2021). Revenue: €13.6m (up 85% from 1H 2021). Net loss: €2.77m (loss widened €2.70m from 1H 2021). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Software industry in France. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CFO & Board member Rodolphe Cadio was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Buying Opportunity • May 02Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.8%. The fair value is estimated to be €1.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 153% in 2 years. Earnings is forecast to grow by 342% in the next 2 years.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CFO & Board member Rodolphe Cadio was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Buying Opportunity • Apr 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €1.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 153% in 2 years. Earnings is forecast to grow by 342% in the next 2 years.Buying Opportunity • Mar 23Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €1.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.Buying Opportunity • Mar 03Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 8.9%. The fair value is estimated to be €1.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.Buying Opportunity • Feb 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be €1.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.Buying Opportunity • Jan 24Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.1%. The fair value is estimated to be €1.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.分析記事 • Dec 21Is Blockchain Group (EPA:ALTBG) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Valuation Update With 7 Day Price Move • Jul 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.05, the stock trades at a forward P/E ratio of 105x. Average forward P/E is 38x in the Software industry in France. Total returns to shareholders of 1,103% over the past three years.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €1.31, the stock trades at a forward P/E ratio of 131x. Average forward P/E is 38x in the Software industry in France. Total returns to shareholders of 1,168% over the past three years.分析記事 • May 17With A 30% Price Drop For The Blockchain Group (EPA:ALTBG) You'll Still Get What You Pay ForThe The Blockchain Group ( EPA:ALTBG ) share price has fared very poorly over the last month, falling by a substantial...分析記事 • Apr 30Blockchain Group (EPA:ALTBG) Is Making Moderate Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • Apr 17Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: €9.52m (up 289% from FY 2019). Net income: €724.0k (up 240% from FY 2019). Profit margin: 7.6% (down from 8.7% in FY 2019). The decrease in margin was driven by higher expenses.分析記事 • Feb 28A Closer Look At The Blockchain Group's (EPA:ALTBG) Impressive ROEMany investors are still learning about the various metrics that can be useful when analysing a stock. This article is...分析記事 • Jan 24The Blockchain Group (EPA:ALTBG) Share Price Has Soared 530%, Delighting Many ShareholdersIt's been a soft week for The Blockchain Group ( EPA:ALTBG ) shares, which are down 12%. But that cannot eclipse the...Is New 90 Day High Low • Dec 28New 90-day high: €2.19The company is up 192% from its price of €0.75 on 29 September 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 3.0% over the same period.分析記事 • Dec 21Estimating The Intrinsic Value Of The Blockchain Group (EPA:ALTBG)Does the December share price for The Blockchain Group ( EPA:ALTBG ) reflect what it's really worth? Today, we will...Is New 90 Day High Low • Dec 08New 90-day high: €1.79The company is up 127% from its price of €0.79 on 09 September 2020. The French market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 1.0% over the same period.分析記事 • Nov 25Should You Be Excited About The Blockchain Group's (EPA:ALTBG) 12% Return On Equity?One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...Is New 90 Day High Low • Nov 16New 90-day high: €1.20The company is up 17% from its price of €1.03 on 18 August 2020. The French market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period.収支内訳Blockchain Group の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史ENXTPA:ALCPB 収益、費用、利益 ( )EUR Millions日付収益収益G+A経費研究開発費31 Dec 2513-620030 Sep 2514-320030 Jun 2514-21031 Mar 251501031 Dec 241611030 Sep 2417-71030 Jun 2419-141031 Mar 2421-181031 Dec 2322-211030 Sep 2323-141030 Jun 2324-81031 Mar 2325-60031 Dec 2226-50030 Sep 2227-40030 Jun 2229-30031 Mar 2224-20031 Dec 2119-10030 Sep 211400030 Jun 21900031 Mar 21910031 Dec 20910030 Sep 20600030 Jun 20400031 Mar 20300031 Dec 19200030 Sep 19200030 Jun 19200031 Mar 192-10031 Dec 182-20030 Sep 182-20030 Jun 182-30031 Mar 183-40031 Dec 173-50030 Sep 174-60030 Jun 174-70031 Mar 176-80031 Dec 167-81030 Sep 169-71030 Jun 1611-61031 Mar 1614-71031 Dec 1517-81030 Sep 1520-71030 Jun 1524-710質の高い収益: ALCPBは現在利益が出ていません。利益率の向上: ALCPBは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: ALCPBは利益が出ておらず、過去 5 年間で損失は年間58.2%の割合で増加しています。成長の加速: ALCPBの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: ALCPBは利益が出ていないため、過去 1 年間の収益成長をSoftware業界 ( 4.5% ) と比較することは困難です。株主資本利益率高いROE: ALCPBは現在利益が出ていないため、自己資本利益率 ( -56.86% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health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2026/05/08 03:41終値2026/05/08 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The Blockchain Group 0 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。3 アナリスト機関Loic WolfGreenSome FinanceThomas DelhayeIn Extenso Financement & MarchéPauline RouxStifel, formerly Bryan Garnier
分析記事 • May 22Why Blockchain Group's (EPA:ALTBG) Healthy Earnings Aren’t As Good As They SeemShareholders were pleased with the recent earnings report from The Blockchain Group ( EPA:ALTBG ). Investors should be...
Reported Earnings • May 19Full year 2024 earnings released: EPS: €0.015 (vs €0.27 loss in FY 2023)Full year 2024 results: EPS: €0.015 (up from €0.27 loss in FY 2023). Revenue: €16.2m (down 28% from FY 2023). Net income: €1.36m (up €22.5m from FY 2023). Profit margin: 8.4% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 01First half 2024 earnings released: EPS: €0.017 (vs €0.093 loss in 1H 2023)First half 2024 results: EPS: €0.017 (up from €0.093 loss in 1H 2023). Revenue: €8.35m (down 32% from 1H 2023). Net income: €1.38m (up €6.77m from 1H 2023). Profit margin: 17% (up from net loss in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 30Full year 2022 earnings released: €0.087 loss per share (vs €0.013 loss in FY 2021)Full year 2022 results: €0.087 loss per share (further deteriorated from €0.013 loss in FY 2021). Revenue: €26.0m (up 38% from FY 2021). Net loss: €5.02m (loss widened €4.51m from FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Software industry in France. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 20First half 2022 earnings released: €0.067 loss per share (vs €0.002 loss in 1H 2021)First half 2022 results: €0.067 loss per share (further deteriorated from €0.002 loss in 1H 2021). Revenue: €13.6m (up 85% from 1H 2021). Net loss: €2.77m (loss widened €2.70m from 1H 2021). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Software industry in France. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 17Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: €9.52m (up 289% from FY 2019). Net income: €724.0k (up 240% from FY 2019). Profit margin: 7.6% (down from 8.7% in FY 2019). The decrease in margin was driven by higher expenses.
お知らせ • May 04The Blockchain Group announced that it expects to receive €1.1 million in fundingThe Blockchain Group has announced to issue 10,000,000 warrants at an issue price of €0.11 per warrant for €1,100,000 on May 4, 2026. The transaction includes investor participation from strategic investor Adam Back. The warrants are converted into ordinary shares for conversion price of €0.84. The12th EGM held on June 10, 2025. The warrants will mature on May 2, 2029.
お知らせ • Apr 13The Blockchain Group announced that it has received €2.845424 million in funding from UTXO Management GP, LLCOn April 13, 2026, The Blockchain Group closed the transaction.
お知らせ • Mar 31The Blockchain Group announced that it expects to receive €2.845424 million in funding from UTXO Management GP, LLCThe Blockchain Group announced a private placement of 5,230,559 Ordinary Shares of the company at a price per Share of €0.544 for gross proceeds of € 2,845,424.096 on March 30, 2026. The transaction involves participation from new institutional investor Blockstream Capital Holdings to subscribe up to 4,700,000 ordinary shares of the Company amounting to € 2,556,800 and UTXO Management to subscribe up to 530,559 ordinary shares of the Company amounting € 288,624.096. The transaction has been approved in the first resolution of the General Meeting of February 21, 2025. Blockstream Capital Holdings will receive 32,900,000 ordinary shares upon following the conversion of OCA B-01 and 4,700,000 new shares after subscription totalling to 43,118,442 ordinary shares post-completion of the operations with % capital holding pre-operations of 2.40% and post-operations of 15.88% and 38.00% on fully diluted basis and UTXO Management will receive 3,713,919 shares upon the conversion of OCA B-01 and 530,559 new shares after subscription totaling to 4,244,478 ordinary shares post-completion of the operations with % capital holding pre-operations of 0% and post-operations of 1.56% and 1.07% on fully diluted basis.
お知らせ • Mar 23The Blockchain Group has filed a Follow-on Equity Offering in the amount of €0.509129 million.The Blockchain Group has filed a Follow-on Equity Offering in the amount of €0.509129 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 669,906 Price\Range: €0.76 Transaction Features: Subsequent Direct Listing
お知らせ • Mar 17The Blockchain Group announced that it expects to receive €3.013 million in fundingThe Blockchain Group has announced to issue 18,300,000 convertible bonds at the price of €0.11 for the gross proceeds of €2,013,000 and 9,090,910 share subscription warrants at the price of €0.11 for the gross proceeds of €1,000,000.10 for the total aggregates of €3,013,000.10 on March 17, 2026. The transaction involves the new and returning investor participation of TOBAM for 18,300,000 bonds and UTXO Management for 9,090,910 warrants. Each bond and warrant granting the right to subscribe to 1 ordinary share of the company. The transaction is approved by the board of directors in 12th resolution of the combined general meeting of June 10, 2025. The bonds have a maturity date of March 10, 2029.
New Risk • Nov 02New major risk - Revenue and earnings growthEarnings have declined by 38% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 38% per year over the past 5 years. Shareholders have been substantially diluted in the past year (169% increase in shares outstanding).
分析記事 • Oct 18Risks Still Elevated At These Prices As The Blockchain Group (EPA:ALCPB) Shares Dive 41%To the annoyance of some shareholders, The Blockchain Group ( EPA:ALCPB ) shares are down a considerable 41% in the...
お知らせ • Sep 16The Blockchain Group announced that it has received €50 million in fundingannounced that it has raised €50 million in a round of funding on September 15, 2025. The transaction included participation from new investor Blockchain.com and existing investor Tobam.
分析記事 • Aug 27More Unpleasant Surprises Could Be In Store For The Blockchain Group's (EPA:ALCPB) Shares After Tumbling 38%Unfortunately for some shareholders, the The Blockchain Group ( EPA:ALCPB ) share price has dived 38% in the last...
お知らせ • Jul 28The Blockchain Group announced that it has received €4.999998 million in fundingOn July 28, 2025, the company has closed the transaction and received €4,999,998.20. The transaction included participation from the individual investor Adam Back.
お知らせ • Jul 14The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.997384 million.The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.997384 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 739,000 Price\Range: €4.056 Transaction Features: Subsequent Direct Listing
お知らせ • Jul 08The Blockchain Group announced that it has received €1.051775 million in funding from TOBAM S.A.S.On July 7, 2025, The Blockchain Group closed the transaction.
New Risk • Jun 01New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 36% 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 (24% average weekly change). High level of non-cash earnings (23% accrual ratio). Shareholders have been substantially diluted in the past year (36% increase in shares outstanding).
お知らせ • May 27The Blockchain Group announced that it expects to receive €63.3 million in fundingThe Blockchain Group announced a private placement that it will issue convertible bond for the aggregate gross proceeds of up to €63,300,000 on May 26, 2025.
分析記事 • May 22Why Blockchain Group's (EPA:ALTBG) Healthy Earnings Aren’t As Good As They SeemShareholders were pleased with the recent earnings report from The Blockchain Group ( EPA:ALTBG ). Investors should be...
Reported Earnings • May 19Full year 2024 earnings released: EPS: €0.015 (vs €0.27 loss in FY 2023)Full year 2024 results: EPS: €0.015 (up from €0.27 loss in FY 2023). Revenue: €16.2m (down 28% from FY 2023). Net income: €1.36m (up €22.5m from FY 2023). Profit margin: 8.4% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
New Risk • May 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 (19% average weekly change). Earnings have declined by 82% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Shareholders have been diluted in the past year (17% increase in shares outstanding).
お知らせ • May 06The Blockchain Group, Annual General Meeting, Jun 10, 2025The Blockchain Group, Annual General Meeting, Jun 10, 2025. Location: tour w 102 terrasses boieldieu, puteaux France
分析記事 • Apr 21Market Might Still Lack Some Conviction On The Blockchain Group (EPA:ALTBG) Even After 29% Share Price BoostDespite an already strong run, The Blockchain Group ( EPA:ALTBG ) shares have been powering on, with a gain of 29% in...
分析記事 • Mar 07Not Many Are Piling Into The Blockchain Group (EPA:ALTBG) Stock Yet As It Plummets 36%The Blockchain Group ( EPA:ALTBG ) shares have retraced a considerable 36% in the last month, reversing a fair amount...
分析記事 • Jan 21Market Might Still Lack Some Conviction On The Blockchain Group (EPA:ALTBG) Even After 30% Share Price BoostThe Blockchain Group ( EPA:ALTBG ) shares have continued their recent momentum with a 30% gain in the last month alone...
お知らせ • Dec 05The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.499998 million.The Blockchain Group has completed a Follow-on Equity Offering in the amount of €2.499998 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,333,328 Price\Range: €0.3
New Risk • Nov 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.0% This is considered a minor 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 (17% average weekly change). Earnings have declined by 82% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (7.0% increase in shares outstanding). Market cap is less than US$100m (€21.2m market cap, or US$22.6m).
分析記事 • Nov 07Even With A 59% Surge, Cautious Investors Are Not Rewarding The Blockchain Group's (EPA:ALTBG) Performance CompletelyThe Blockchain Group ( EPA:ALTBG ) shareholders would be excited to see that the share price has had a great month...
Reported Earnings • Nov 01First half 2024 earnings released: EPS: €0.017 (vs €0.093 loss in 1H 2023)First half 2024 results: EPS: €0.017 (up from €0.093 loss in 1H 2023). Revenue: €8.35m (down 32% from 1H 2023). Net income: €1.38m (up €6.77m from 1H 2023). Profit margin: 17% (up from net loss in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance.
分析記事 • Sep 21Take Care Before Jumping Onto The Blockchain Group (EPA:ALTBG) Even Though It's 35% CheaperThe Blockchain Group ( EPA:ALTBG ) shares have had a horrible month, losing 35% after a relatively good period...
New Risk • Sep 20New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.00m (US$8.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 98% per year over the past 5 years. Market cap is less than US$10m (€8.00m market cap, or US$8.93m).
Board Change • Aug 15Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Chairman Jean-François Descaves was the last director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Jul 29Investors Still Aren't Entirely Convinced By The Blockchain Group's (EPA:ALTBG) Revenues Despite 38% Price JumpThe The Blockchain Group ( EPA:ALTBG ) share price has done very well over the last month, posting an excellent gain of...
New Risk • Jun 04New major risk - Revenue and earnings growthEarnings have declined by 98% 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 Earnings have declined by 98% per year over the past 5 years. Market cap is less than US$10m (€8.00m market cap, or US$8.69m). Minor Risk Shareholders have been diluted in the past year (37% increase in shares outstanding).
お知らせ • May 26The Blockchain Group, Annual General Meeting, Jun 28, 2024The Blockchain Group, Annual General Meeting, Jun 28, 2024. Location: tour w 102 terrasses boieldieu, puteaux France
New Risk • May 24New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Market cap is less than US$10m (€7.96m market cap, or US$8.63m). Minor Risk Shareholders have been diluted in the past year (37% increase in shares outstanding).
New Risk • Dec 11New 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Market cap is less than US$10m (€7.94m market cap, or US$8.55m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).
New Risk • Oct 19New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.32m (US$9.85m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Market cap is less than US$10m (€9.32m market cap, or US$9.85m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (€2.4m net loss in 2 years).
New Risk • Sep 03New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% 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 (11% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€2.4m net loss in 2 years). Market cap is less than US$100m (€9.48m market cap, or US$10.2m).
Reported Earnings • May 30Full year 2022 earnings released: €0.087 loss per share (vs €0.013 loss in FY 2021)Full year 2022 results: €0.087 loss per share (further deteriorated from €0.013 loss in FY 2021). Revenue: €26.0m (up 38% from FY 2021). Net loss: €5.02m (loss widened €4.51m from FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Software industry in France. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 20First half 2022 earnings released: €0.067 loss per share (vs €0.002 loss in 1H 2021)First half 2022 results: €0.067 loss per share (further deteriorated from €0.002 loss in 1H 2021). Revenue: €13.6m (up 85% from 1H 2021). Net loss: €2.77m (loss widened €2.70m from 1H 2021). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Software industry in France. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CFO & Board member Rodolphe Cadio was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Buying Opportunity • May 02Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.8%. The fair value is estimated to be €1.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 153% in 2 years. Earnings is forecast to grow by 342% in the next 2 years.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CFO & Board member Rodolphe Cadio was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Buying Opportunity • Apr 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €1.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 153% in 2 years. Earnings is forecast to grow by 342% in the next 2 years.
Buying Opportunity • Mar 23Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €1.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.
Buying Opportunity • Mar 03Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 8.9%. The fair value is estimated to be €1.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.
Buying Opportunity • Feb 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be €1.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.
Buying Opportunity • Jan 24Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.1%. The fair value is estimated to be €1.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% per annum over the last 3 years. The company has become profitable over the last 3 years.
分析記事 • Dec 21Is Blockchain Group (EPA:ALTBG) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.05, the stock trades at a forward P/E ratio of 105x. Average forward P/E is 38x in the Software industry in France. Total returns to shareholders of 1,103% over the past three years.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €1.31, the stock trades at a forward P/E ratio of 131x. Average forward P/E is 38x in the Software industry in France. Total returns to shareholders of 1,168% over the past three years.
分析記事 • May 17With A 30% Price Drop For The Blockchain Group (EPA:ALTBG) You'll Still Get What You Pay ForThe The Blockchain Group ( EPA:ALTBG ) share price has fared very poorly over the last month, falling by a substantial...
分析記事 • Apr 30Blockchain Group (EPA:ALTBG) Is Making Moderate Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • Apr 17Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: €9.52m (up 289% from FY 2019). Net income: €724.0k (up 240% from FY 2019). Profit margin: 7.6% (down from 8.7% in FY 2019). The decrease in margin was driven by higher expenses.
分析記事 • Feb 28A Closer Look At The Blockchain Group's (EPA:ALTBG) Impressive ROEMany investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
分析記事 • Jan 24The Blockchain Group (EPA:ALTBG) Share Price Has Soared 530%, Delighting Many ShareholdersIt's been a soft week for The Blockchain Group ( EPA:ALTBG ) shares, which are down 12%. But that cannot eclipse the...
Is New 90 Day High Low • Dec 28New 90-day high: €2.19The company is up 192% from its price of €0.75 on 29 September 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 3.0% over the same period.
分析記事 • Dec 21Estimating The Intrinsic Value Of The Blockchain Group (EPA:ALTBG)Does the December share price for The Blockchain Group ( EPA:ALTBG ) reflect what it's really worth? Today, we will...
Is New 90 Day High Low • Dec 08New 90-day high: €1.79The company is up 127% from its price of €0.79 on 09 September 2020. The French market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 1.0% over the same period.
分析記事 • Nov 25Should You Be Excited About The Blockchain Group's (EPA:ALTBG) 12% Return On Equity?One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Is New 90 Day High Low • Nov 16New 90-day high: €1.20The company is up 17% from its price of €1.03 on 18 August 2020. The French market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period.