View ValuationFinanza.tech 将来の成長Future 基準チェック /06 Finanza.techは収益が増加すると予測されています。主要情報n/a収益成長率n/aEPS成長率Capital Markets 収益成長-0.4%収益成長率4.9%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24 Apr 2026今後の成長に関する最新情報Price Target Changed • Mar 22Price target decreased by 21% to €2.30Down from €2.90, the current price target is provided by 1 analyst. New target price is 183% above last closing price of €0.81. Stock is down 24% over the past year.すべての更新を表示Recent updatesNew Risk • Apr 19New 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 Risks Earnings have declined by 52% per year over the past 5 years. Market cap is less than US$10m (€3.65m market cap, or US$4.30m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).Buy Or Sell Opportunity • Jan 08Now 23% undervaluedOver the last 90 days, the stock has risen 16% to €0.37. The fair value is estimated to be €0.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Buy Or Sell Opportunity • Oct 03Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 32% to €0.30. The fair value is estimated to be €0.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only.New Risk • Aug 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (€4.49m market cap, or US$5.26m). Minor Risk Profit margins are more than 30% lower than last year (1.8% net profit margin).New Risk • Jun 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 8.1% 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 Risks Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (€6.80m market cap, or US$7.78m). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin).分析記事 • May 04Finanza.tech S.p.A. (BIT:FTC) Shares Fly 27% But Investors Aren't Buying For GrowthThose holding Finanza.tech S.p.A. ( BIT:FTC ) shares would be relieved that the share price has rebounded 27% in the...Reported Earnings • Apr 14Full year 2024 earnings releasedFull year 2024 results: Revenue: €9.13m (down 19% from FY 2023). Net income: €156.6k (down 75% from FY 2023). Profit margin: 1.7% (down from 5.6% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 3.9% decline forecast for the Capital Markets industry in Italy.お知らせ • Apr 10Finanza.tech S.p.A., Annual General Meeting, Apr 24, 2025Finanza.tech S.p.A., Annual General Meeting, Apr 24, 2025, at 07:30 W. Europe Standard Time.分析記事 • Mar 19The Market Doesn't Like What It Sees From Finanza.tech S.p.A.'s (BIT:FTC) Revenues YetYou may think that with a price-to-sales (or "P/S") ratio of 0.7x Finanza.tech S.p.A. ( BIT:FTC ) is a stock worth...New Risk • Dec 19New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.49m (US$9.84m) 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 Earnings have declined by 1.4% per year over the past 5 years. Market cap is less than US$10m (€9.49m market cap, or US$9.84m).New Risk • Nov 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.39m (US$9.91m) 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 Earnings have declined by 1.4% per year over the past 5 years. Market cap is less than US$10m (€9.39m market cap, or US$9.91m).New Risk • Sep 20New major risk - Revenue and earnings growthEarnings have declined by 1.2% 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 (7.0% average weekly change). Earnings have declined by 1.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€10.6m market cap, or US$11.9m).Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €1.05, the stock trades at a trailing P/E ratio of 22.5x. Average forward P/E is 11x in the Capital Markets industry in Italy. Total returns to shareholders of 43% over the past year.分析記事 • Jul 05Many Still Looking Away From Finanza.tech S.p.A. (BIT:FTC)When you see that almost half of the companies in the Capital Markets industry in Italy have price-to-sales ratios (or...Price Target Changed • Mar 22Price target decreased by 21% to €2.30Down from €2.90, the current price target is provided by 1 analyst. New target price is 183% above last closing price of €0.81. Stock is down 24% over the past year.Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: €11.3m (up 154% from FY 2022). Net income: €622.3k (up €519.2k from FY 2022). Profit margin: 5.5% (up from 2.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Capital Markets industry in Italy.New Risk • Oct 18New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.39m (US$9.88m) 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 (7.2% average weekly change). High level of non-cash earnings (23% accrual ratio). Market cap is less than US$10m (€9.39m market cap, or US$9.88m). Minor Risk Shareholders have been diluted in the past year (3.2% increase in shares outstanding).New Risk • Sep 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risks Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Market cap is less than US$100m (€10.2m market cap, or US$10.9m).Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €1.08, the stock trades at a trailing P/E ratio of 36.2x. Average forward P/E is 10x in the Capital Markets industry in Italy. Total loss to shareholders of 16% over the past year.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 36%After last week's 36% share price gain to €1.07, the stock trades at a trailing P/E ratio of 36x. Average forward P/E is 10x in the Capital Markets industry in Italy. Total loss to shareholders of 2.4% over the past year.Board Change • Nov 16Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 4 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Chairman of the Board Stefano Tana is the most experienced director on the board, commencing their role in 2022. Independent Director Raffaele DArienzo was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Reported Earnings • Oct 04First half 2022 earnings released: EPS: €0 (vs €0 in 1H 2021)First half 2022 results: EPS: €0 (in line with 1H 2021). Revenue: €2.67m (up 75% from 1H 2021). Net income: €330.6k (down 21% from 1H 2021). Profit margin: 12% (down from 28% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Capital Markets industry in Italy.Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.28, the stock trades at a trailing P/E ratio of 22.7x. Average forward P/E is 11x in the Capital Markets industry in Italy.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Member of the Board of Statutory Auditor Anna Loia was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to €1.51, the stock trades at a trailing P/E ratio of 37.5x. Average forward P/E is 14x in the Capital Markets industry in Italy.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.19, the stock trades at a trailing P/E ratio of 29.5x. Average forward P/E is 12x in the Capital Markets industry in Italy.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €1.03, the stock trades at a trailing P/E ratio of 25.6x. Average forward P/E is 11x in the Capital Markets industry in Italy.お知らせ • Dec 30Finanza.tech S.p.A. has completed an IPO in the amount of €3.498 million.Finanza.tech S.p.A. has completed an IPO in the amount of €3.498 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,915,000 Price\Range: €1.2 Transaction Features: Direct Listing; Regulation S業績と収益の成長予測BIT:FTC - 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12/31/20286N/A34112/31/20275N/A12112/31/20264N/A11112/31/20254N/A0116/30/20256-2-1-1N/A3/31/20257-1-1-1N/A12/31/202490-1-1N/A9/30/202490N/AN/AN/A6/30/202490-10N/A3/31/2024100-10N/A12/31/2023111-1-1N/A9/30/2023101N/AN/AN/A6/30/202391-10N/A3/31/202370-2-1N/A12/31/202240-3-2N/A9/30/202250N/AN/AN/A6/30/202250-4-1N/A3/31/202240-30N/A12/31/202140-21N/A9/30/202131N/AN/AN/A6/30/20213100N/A3/31/20212001N/A12/31/20202001N/A12/31/20191000N/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: FTCの予測収益成長が 貯蓄率 ( 3.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: FTCの収益がItalian市場よりも速く成長す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高成長収益: FTCの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: FTCの収益 ( 4.9% ) Italian市場 ( 5.9% ) よりも低い成長が予測されています。高い収益成長: FTCの収益 ( 4.9% ) 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: FTC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7D1Y7D1Y7D1YDiversified-financials 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2026/05/07 08:26終値2026/05/07 00:00収益2025/06/30年間収益2024/12/31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Finanza.tech S.p.A. 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Mattia PetraccaIntegrae SPA
Price Target Changed • Mar 22Price target decreased by 21% to €2.30Down from €2.90, the current price target is provided by 1 analyst. New target price is 183% above last closing price of €0.81. Stock is down 24% over the past year.
New Risk • Apr 19New 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 Risks Earnings have declined by 52% per year over the past 5 years. Market cap is less than US$10m (€3.65m market cap, or US$4.30m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).
Buy Or Sell Opportunity • Jan 08Now 23% undervaluedOver the last 90 days, the stock has risen 16% to €0.37. The fair value is estimated to be €0.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Buy Or Sell Opportunity • Oct 03Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 32% to €0.30. The fair value is estimated to be €0.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
New Risk • Aug 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (€4.49m market cap, or US$5.26m). Minor Risk Profit margins are more than 30% lower than last year (1.8% net profit margin).
New Risk • Jun 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 8.1% 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 Risks Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (€6.80m market cap, or US$7.78m). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin).
分析記事 • May 04Finanza.tech S.p.A. (BIT:FTC) Shares Fly 27% But Investors Aren't Buying For GrowthThose holding Finanza.tech S.p.A. ( BIT:FTC ) shares would be relieved that the share price has rebounded 27% in the...
Reported Earnings • Apr 14Full year 2024 earnings releasedFull year 2024 results: Revenue: €9.13m (down 19% from FY 2023). Net income: €156.6k (down 75% from FY 2023). Profit margin: 1.7% (down from 5.6% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 3.9% decline forecast for the Capital Markets industry in Italy.
お知らせ • Apr 10Finanza.tech S.p.A., Annual General Meeting, Apr 24, 2025Finanza.tech S.p.A., Annual General Meeting, Apr 24, 2025, at 07:30 W. Europe Standard Time.
分析記事 • Mar 19The Market Doesn't Like What It Sees From Finanza.tech S.p.A.'s (BIT:FTC) Revenues YetYou may think that with a price-to-sales (or "P/S") ratio of 0.7x Finanza.tech S.p.A. ( BIT:FTC ) is a stock worth...
New Risk • Dec 19New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.49m (US$9.84m) 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 Earnings have declined by 1.4% per year over the past 5 years. Market cap is less than US$10m (€9.49m market cap, or US$9.84m).
New Risk • Nov 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.39m (US$9.91m) 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 Earnings have declined by 1.4% per year over the past 5 years. Market cap is less than US$10m (€9.39m market cap, or US$9.91m).
New Risk • Sep 20New major risk - Revenue and earnings growthEarnings have declined by 1.2% 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 (7.0% average weekly change). Earnings have declined by 1.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€10.6m market cap, or US$11.9m).
Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €1.05, the stock trades at a trailing P/E ratio of 22.5x. Average forward P/E is 11x in the Capital Markets industry in Italy. Total returns to shareholders of 43% over the past year.
分析記事 • Jul 05Many Still Looking Away From Finanza.tech S.p.A. (BIT:FTC)When you see that almost half of the companies in the Capital Markets industry in Italy have price-to-sales ratios (or...
Price Target Changed • Mar 22Price target decreased by 21% to €2.30Down from €2.90, the current price target is provided by 1 analyst. New target price is 183% above last closing price of €0.81. Stock is down 24% over the past year.
Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: €11.3m (up 154% from FY 2022). Net income: €622.3k (up €519.2k from FY 2022). Profit margin: 5.5% (up from 2.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Capital Markets industry in Italy.
New Risk • Oct 18New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.39m (US$9.88m) 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 (7.2% average weekly change). High level of non-cash earnings (23% accrual ratio). Market cap is less than US$10m (€9.39m market cap, or US$9.88m). Minor Risk Shareholders have been diluted in the past year (3.2% increase in shares outstanding).
New Risk • Sep 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risks Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Market cap is less than US$100m (€10.2m market cap, or US$10.9m).
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €1.08, the stock trades at a trailing P/E ratio of 36.2x. Average forward P/E is 10x in the Capital Markets industry in Italy. Total loss to shareholders of 16% over the past year.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 36%After last week's 36% share price gain to €1.07, the stock trades at a trailing P/E ratio of 36x. Average forward P/E is 10x in the Capital Markets industry in Italy. Total loss to shareholders of 2.4% over the past year.
Board Change • Nov 16Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 4 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Chairman of the Board Stefano Tana is the most experienced director on the board, commencing their role in 2022. Independent Director Raffaele DArienzo was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Reported Earnings • Oct 04First half 2022 earnings released: EPS: €0 (vs €0 in 1H 2021)First half 2022 results: EPS: €0 (in line with 1H 2021). Revenue: €2.67m (up 75% from 1H 2021). Net income: €330.6k (down 21% from 1H 2021). Profit margin: 12% (down from 28% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Capital Markets industry in Italy.
Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.28, the stock trades at a trailing P/E ratio of 22.7x. Average forward P/E is 11x in the Capital Markets industry in Italy.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Member of the Board of Statutory Auditor Anna Loia was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to €1.51, the stock trades at a trailing P/E ratio of 37.5x. Average forward P/E is 14x in the Capital Markets industry in Italy.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.19, the stock trades at a trailing P/E ratio of 29.5x. Average forward P/E is 12x in the Capital Markets industry in Italy.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €1.03, the stock trades at a trailing P/E ratio of 25.6x. Average forward P/E is 11x in the Capital Markets industry in Italy.
お知らせ • Dec 30Finanza.tech S.p.A. has completed an IPO in the amount of €3.498 million.Finanza.tech S.p.A. has completed an IPO in the amount of €3.498 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,915,000 Price\Range: €1.2 Transaction Features: Direct Listing; Regulation S