Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Chairman & CEO Martine Studer was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Apr 17
New minor risk - Financial data availability The 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 Revenue is less than US$1m (XOF18k revenue, or US$32.0). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Board Change • Apr 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Chairman & CEO Martine Studer was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Chairman & CEO Martine Studer was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Chairman & CEO Martine Studer was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Jun 15
Dividend of €5.03 announced Shareholders will receive a dividend of €5.03. Ex-date: 24th June 2025 Payment date: 26th June 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.9%. Payout Ratios Payout ratio: 72%. Cash payout ratio: Approximately 15x free cash flows. New Risk • Apr 07
New minor risk - Financial data availability The 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 Risk Revenue is less than US$1m (XOF18k revenue, or US$30.0). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). New Risk • Sep 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (XOF18k revenue, or US$31.0). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Upcoming Dividend • Jun 18
Upcoming dividend of €5.03 per share Eligible shareholders must have bought the stock before 25 June 2024. Payment date: 27 June 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 0.7%. Lower than top quartile of French dividend payers (5.6%). Lower than average of industry peers (5.1%). New Risk • Apr 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (XOF18k revenue, or US$29.0). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€91.2m market cap, or US$96.9m). New Risk • Feb 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €91.9m (US$99.1m) This is considered a minor 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 Risk Revenue is less than US$1m (XOF18k revenue, or US$30.0). Minor Risk Market cap is less than US$100m (€91.9m market cap, or US$99.1m). Upcoming Dividend • Jun 13
Upcoming dividend of €5.03 per share at 0.8% yield Eligible shareholders must have bought the stock before 20 June 2023. Payment date: 22 June 2023. Trailing yield: 0.8%. Lower than top quartile of French dividend payers (5.2%). Lower than average of industry peers (5.8%). New Risk • Jun 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €92.6m (US$99.5m) This is considered a minor 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 Latest financial reports are more than 1 year old (reported December 2021 fiscal period end). Shares are highly illiquid. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€92.6m market cap, or US$99.5m). Reported Earnings • Mar 27
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: XOF37.4b (down 9.4% from FY 2019). Net loss: XOF631.0m (loss widened 342% from FY 2019). Reported Earnings • Oct 02
First half earnings released Over the last 12 months the company has reported total losses of XOF339.7m, with losses narrowing by 62% from the prior year. Total revenue was XOF38.9b over the last 12 months, largely unchanged from the prior year.