お知らせ • Jul 20
ecotel communication ag, Annual General Meeting, Aug 28, 2026 ecotel communication ag, Annual General Meeting, Aug 28, 2026, at 13:00 W. Europe Standard Time. Reported Earnings • May 19
First quarter 2026 earnings released: EPS: €0.10 (vs €0.073 in 1Q 2025) First quarter 2026 results: EPS: €0.10 (up from €0.073 in 1Q 2025). Revenue: €33.1m (up 15% from 1Q 2025). Net income: €355.5k (up 38% from 1Q 2025). Profit margin: 1.1% (up from 0.9% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. お知らせ • Feb 07
ecotel communication ag Reaffirms Consolidated Earnings Guidance for the Financial Year 2025 ecotel communication ag reaffirmed consolidated earnings guidance for the financial year 2025. for the year, the company expects consolidated revenue (guidance: EUR 117–125 million) and consolidated net income (guidance: up to EUR 1 million) – currently remain within the range of the most recently communicated expectations. Reported Earnings • Sep 28
Second quarter 2025 earnings released: EPS: €0.12 (vs €0.12 in 2Q 2024) Second quarter 2025 results: EPS: €0.12 (up from €0.12 in 2Q 2024). Revenue: €28.6m (flat on 2Q 2024). Net income: €432.6k (up 1.4% from 2Q 2024). Profit margin: 1.5% (in line with 2Q 2024). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Telecom industry in Europe. Reported Earnings • Mar 15
Full year 2024 earnings released: EPS: €0.57 (vs €1.62 in FY 2023) Full year 2024 results: EPS: €0.57 (down from €1.62 in FY 2023). Revenue: €119.7m (up 12% from FY 2023). Net income: €2.01m (down 65% from FY 2023). Profit margin: 1.7% (down from 5.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Europe. お知らせ • Dec 12
ecotel communication ag to Report Q3, 2025 Results on Nov 06, 2025 ecotel communication ag announced that they will report Q3, 2025 results on Nov 06, 2025 お知らせ • Nov 27
ecotel communication ag to Report Fiscal Year 2024 Results on Mar 13, 2025 ecotel communication ag announced that they will report fiscal year 2024 results on Mar 13, 2025 New Risk • Nov 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.3% Last year net profit margin: 3.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 114% Paying a dividend despite having no free cash flows. High level of non-cash earnings (31% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (€48.0m market cap, or US$51.5m). Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: €0.12 (vs €0.12 in 3Q 2023) Third quarter 2024 results: EPS: €0.12 (in line with 3Q 2023). Revenue: €26.8m (flat on 3Q 2023). Net income: €417.9k (flat on 3Q 2023). Profit margin: 1.6% (in line with 3Q 2023). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. お知らせ • Apr 20
ecotel communication ag Announces Board Changes ecotel communication ag, announced a change to and an expansion of the Management Board team. Accordingly, André Borusiak (47) is to be appointed as CCO on 1 July 2024, succeeding Achim Theis (59), who played an instrumental role at the company as a director for two decades, and will be on hand in a consultancy capacity in future. André Borusiak has 25 years’ experience in the telecommunications industry and previously held various management positions at Siemens and Vodafone, where he was most recently in charge of sales to global accounts. He brings with him a wealth of experience not only in sales, but also in marketing, communications and partner management, and his customer focus and passion for innovation will generate fresh impetus for ecotel. These appointments continue the process of generational change. In 2023, Wilfried Kallenberg (63) handed over his responsibilities as authorised signatory and Chief Technology Officer (CTO) to his successor Alexander Wiese (39), while Sabrina Bublitz (42) was appointed as authorised signatory and Chief Portfolio Officer (CPO). These authorised signatories join Holger Hommes and Oliver Jansen on the company’s Governing Board. André Borusiak(born in 1977) takes over as CCO of ecotel communication ag on 1 July 2024, with responsibility for Business Customer Sales, Key Account Management and Digital Commerce. He has 25 years’ experience in the telecommunications industry and previously held various management positions at Siemens and Vodafone. As a result, he has a wealth of experience not only in sales, but also in marketing, communications and partner management. He has an MBA from the NIMBAS Graduate School of Management in Bradford. Markus Hendrich (born in 1980) is the Chairman of the Management Board of ecotel communication ag and has been on the company’s Management Board since July 2020. In this role, he is currently responsible for Wholesale, Finance, Strategy, Technology, Operations, Portfolio and Processes and for central administrative departments. A graduate in business psychology, he has worked in the telecommunications sector for almost 25 years and has previously spent over 10 years in various management positions at QSC AG and Plusnet GmbH, an EnBW company, most recently as Managing Director for Technology, Product Management and Marketing. Together with company founder Peter Zils, Markus Hendrich represents ecotel and the interests of its business customers on the Executive Committee of the main German telecommunications industry association, the VATM. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €28.51, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Telecom industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €51.73 per share. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €34.65, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Telecom industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €49.16 per share. Buying Opportunity • Apr 27
Now 43% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €53.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings is forecast to decline by 16% per annum over the same time period. Upcoming Dividend • Apr 18
Upcoming dividend of €18.82 per share at 36% yield Eligible shareholders must have bought the stock before 24 April 2023. Payment date: 26 April 2023. Trailing yield: 36%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (4.2%). 
