View DividendB-Gaming 경영진경영진 기준 점검 1/4현재 CEO에 대한 정보가 충분하지 않습니다.핵심 정보 최고경영자n/a총 보수CEO 급여 비율n/aCEO 재임 기간no dataCEO 지분 보유율n/a경영진 평균 재임 기간데이터 없음이사회 평균 재임 기간3.3yrs최근 경영진 업데이트Board 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. 12 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.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. 12 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.모든 업데이트 보기Recent updatesReported Earnings • Mar 18First quarter 2026 earnings released: EPS: AR$11.36 (vs AR$2.58 in 1Q 2025)First quarter 2026 results: EPS: AR$11.36 (up from AR$2.58 in 1Q 2025). Revenue: AR$20.8b (up 43% from 1Q 2025). Net income: AR$3.86b (up 340% from 1Q 2025). Profit margin: 19% (up from 6.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 22%After last week's 22% share price gain to AR$239, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 22x in the IT industry globally. Total returns to shareholders of 216% over the past three years.Reported Earnings • Sep 11Third quarter 2025 earnings released: EPS: AR$2.09 (vs AR$1.62 loss in 3Q 2024)Third quarter 2025 results: EPS: AR$2.09 (up from AR$1.62 loss in 3Q 2024). Revenue: AR$17.2b (up 81% from 3Q 2024). Net income: AR$710.5m (up AR$1.26b from 3Q 2024). Profit margin: 4.1% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.New Risk • Mar 25New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.1x net interest cover). Earnings have declined by 38% per year over the past 5 years. High level of non-cash earnings (49% accrual ratio). Minor Risk Market cap is less than US$100m (AR$67.4b market cap, or US$63.0m).Reported Earnings • Mar 14First quarter 2025 earnings released: EPS: AR$2.37 (vs AR$14.14 loss in 1Q 2024)First quarter 2025 results: EPS: AR$2.37 (up from AR$14.14 loss in 1Q 2024). Revenue: AR$13.4b (up 40% from 1Q 2024). Net income: AR$804.5m (up AR$5.57b from 1Q 2024). Profit margin: 6.0% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 138 percentage points per year, which is a significant difference in performance.New Risk • Jan 26New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.7% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.7% operating cash flow to total debt). Earnings have declined by 44% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AR$71.0b market cap, or US$67.9m).Reported Earnings • Jun 13Second quarter 2024 earnings released: AR$0.08 loss per share (vs AR$1.36 profit in 2Q 2023)Second quarter 2024 results: AR$0.08 loss per share (down from AR$1.36 profit in 2Q 2023). Revenue: AR$7.24b (up 55% from 2Q 2023). Net loss: AR$27.5m (down 106% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 147 percentage points per year, which is a significant difference in performance.New Risk • Mar 17New major risk - Revenue and earnings growthEarnings have declined by 14% 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 Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AR$67.1b market cap, or US$78.8m).Reported Earnings • Mar 17First quarter 2024 earnings released: AR$10.24 loss per share (vs AR$1.00 profit in 1Q 2023)First quarter 2024 results: AR$10.24 loss per share (down from AR$1.00 profit in 1Q 2023). Revenue: AR$6.98b (up 100% from 1Q 2023). Net loss: AR$3.48b (down AR$3.82b from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to AR$188, the stock trades at a trailing P/E ratio of 67.7x. Average trailing P/E is 23x in the IT industry globally. Total returns to shareholders of 11% over the past three years.Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to AR$207, the stock trades at a trailing P/E ratio of 74.6x. Average trailing P/E is 22x in the IT industry globally. Total returns to shareholders of 39% over the past three years.Reported Earnings • Jan 13Full year 2023 earnings released: EPS: AR$2.78 (vs AR$2.93 in FY 2022)Full year 2023 results: EPS: AR$2.78 (down from AR$2.93 in FY 2022). Revenue: AR$22.2b (up 127% from FY 2022). Net income: AR$944.8m (down 5.1% from FY 2022). Profit margin: 4.3% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.New Risk • Aug 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AR$30.2b (US$86.2m) 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: Minor Risks Dividend is not well covered by cash flows (221% cash payout ratio). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (AR$30.2b market cap, or US$86.2m).Reported Earnings • Jun 17Second quarter 2023 earnings released: EPS: AR$0.96 (vs AR$1.37 in 2Q 2022)Second quarter 2023 results: EPS: AR$0.96 (down from AR$1.37 in 2Q 2022). Revenue: AR$3.23b (up 41% from 2Q 2022). Net income: AR$326.9m (down 30% from 2Q 2022). Profit margin: 10% (down from 20% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 17First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: AR$2.80b (up 54% from 1Q 2022). Net income: AR$271.9m (down 22% from 1Q 2022). Profit margin: 9.7% (down from 19% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Reported Earnings • Jan 14Full year 2022 earnings released: EPS: AR$2.93 (vs AR$6.15 in FY 2021)Full year 2022 results: EPS: AR$2.93 (down from AR$6.15 in FY 2021). Revenue: AR$9.78b (down 4.4% from FY 2021). Net income: AR$995.3m (down 52% from FY 2021). Profit margin: 10% (down from 20% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Dec 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to AR$98.00, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 10x in the IT industry in South America. Total returns to shareholders of 40% over the past three years.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. 12 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . 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 • Jun 29Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be AR$65.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 32%.Buying Opportunity • May 30Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be AR$64.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 32%.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. 12 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . 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 05Now 20% undervaluedOver the last 90 days, the stock is up 8.5%. The fair value is estimated to be AR$62.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 32%.Buying Opportunity • Mar 15Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be AR$63.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% per annum over the last 3 years. Earnings per share has declined by 32% per annum over the last 3 years.Upcoming Dividend • Mar 03Upcoming dividend of AR$2.00 per shareEligible shareholders must have bought the stock before 09 March 2022. Payment date: 11 March 2022. The company is paying out more than 100% of its profits and is paying out 93% of its cash flow. Trailing yield: 6.9%. Within top quartile of Argentinean dividend payers (4.6%). Higher than average of industry peers (2.9%).Buying Opportunity • Feb 27Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be AR$65.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% per annum over the last 3 years. Earnings per share has declined by 32% per annum over the last 3 years.Reported Earnings • Sep 19Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: AR$1.10b (up 108% from 3Q 2020). Net income: AR$175.9m (up 145% from 3Q 2020). Profit margin: 16% (up from 14% in 3Q 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • May 29Investor sentiment deteriorated over the past weekAfter last week's 77% share price decline to AR$48.40, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 25x in the IT industry in South America. Total loss to shareholders of 43% over the past year.Is New 90 Day High Low • Mar 03New 90-day high: AR$220The company is up 3.0% from its price of AR$213 on 02 December 2020. The Argentinean market is down 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the IT industry, which is up 26% over the same period.Valuation Update With 7 Day Price Move • Dec 01Market bids up stock over the past weekAfter last week's 17% share price gain to AR$210, the stock is trading at a trailing P/E ratio of 32.9x, up from the previous P/E ratio of 28.2x. This compares to an average P/E of 32x in the IT industry in South America. Total returns to shareholders over the past year are 203%.Is New 90 Day High Low • Nov 17New 90-day high: AR$181The company is up 36% from its price of AR$133 on 19 August 2020. The Argentinean market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 8.0% over the same period.Is New 90 Day High Low • Oct 31New 90-day high: AR$174The company is up 49% from its price of AR$117 on 31 July 2020. The Argentinean market is down 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 11% over the same period.Is New 90 Day High Low • Oct 16New 90-day high: AR$153The company is up 38% from its price of AR$111 on 17 July 2020. The Argentinean market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 4.0% over the same period.Is New 90 Day High Low • Sep 26New 90-day high: AR$136The company is up 22% from its price of AR$111 on 26 June 2020. The Argentinean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 8.0% over the same period.Reported Earnings • Sep 26Third quarter earnings releasedOver the last 12 months the company has reported total profits of AR$319.6m, down 70% from the prior year. Total revenue was AR$2.02b over the last 12 months, down 48% from the prior year.Reported Earnings • Sep 24Third quarter earnings releasedOver the last 12 months the company has reported total profits of AR$433.0m, down 54% from the prior year. Total revenue was AR$2.40b over the last 12 months, down 32% from the prior year.CEOB-Gaming에는 CEO가 없거나 해당 데이터가 없습니다.이사회 구성원이름직위재임 기간보수지분Rosana Beatriz Martina TabanelliVice Chairmanno data데이터 없음데이터 없음Antonio Eduardo TabanelliChairmanno data데이터 없음데이터 없음Roberto AlvarezAlternate Directorno data데이터 없음데이터 없음Anibal Pires BernardoDirectorno data데이터 없음데이터 없음Guillermo Enrique GabellaDirector3.3yrs데이터 없음데이터 없음Ariel Anibal Pires BernardoAlternate Directorno data데이터 없음데이터 없음Guillermo PatroniAlternate Directorno data데이터 없음데이터 없음Fernando TianoDirector3.3yrs데이터 없음데이터 없음Nicolas TabanelliDirectorno data데이터 없음데이터 없음Federico Jose PadillaMember of Supervisory Committeeno data데이터 없음데이터 없음Dolly AlbergoliDirector3.3yrs데이터 없음데이터 없음Marcelo GomezDirector3.3yrs데이터 없음데이터 없음더 보기3.3yrs평균 재임 기간경험이 풍부한 이사회: GAMI의 이사회는 경험이 있음으로 간주됩니다(평균 재임 3.3 년).View Ownership기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 00:39종가2026/05/21 00:00수익2026/01/31연간 수익2025/10/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스B-Gaming S.A.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
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. 12 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
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. 12 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 18First quarter 2026 earnings released: EPS: AR$11.36 (vs AR$2.58 in 1Q 2025)First quarter 2026 results: EPS: AR$11.36 (up from AR$2.58 in 1Q 2025). Revenue: AR$20.8b (up 43% from 1Q 2025). Net income: AR$3.86b (up 340% from 1Q 2025). Profit margin: 19% (up from 6.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 22%After last week's 22% share price gain to AR$239, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 22x in the IT industry globally. Total returns to shareholders of 216% over the past three years.
Reported Earnings • Sep 11Third quarter 2025 earnings released: EPS: AR$2.09 (vs AR$1.62 loss in 3Q 2024)Third quarter 2025 results: EPS: AR$2.09 (up from AR$1.62 loss in 3Q 2024). Revenue: AR$17.2b (up 81% from 3Q 2024). Net income: AR$710.5m (up AR$1.26b from 3Q 2024). Profit margin: 4.1% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.
New Risk • Mar 25New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.1x net interest cover). Earnings have declined by 38% per year over the past 5 years. High level of non-cash earnings (49% accrual ratio). Minor Risk Market cap is less than US$100m (AR$67.4b market cap, or US$63.0m).
Reported Earnings • Mar 14First quarter 2025 earnings released: EPS: AR$2.37 (vs AR$14.14 loss in 1Q 2024)First quarter 2025 results: EPS: AR$2.37 (up from AR$14.14 loss in 1Q 2024). Revenue: AR$13.4b (up 40% from 1Q 2024). Net income: AR$804.5m (up AR$5.57b from 1Q 2024). Profit margin: 6.0% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 138 percentage points per year, which is a significant difference in performance.
New Risk • Jan 26New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.7% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.7% operating cash flow to total debt). Earnings have declined by 44% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AR$71.0b market cap, or US$67.9m).
Reported Earnings • Jun 13Second quarter 2024 earnings released: AR$0.08 loss per share (vs AR$1.36 profit in 2Q 2023)Second quarter 2024 results: AR$0.08 loss per share (down from AR$1.36 profit in 2Q 2023). Revenue: AR$7.24b (up 55% from 2Q 2023). Net loss: AR$27.5m (down 106% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 147 percentage points per year, which is a significant difference in performance.
New Risk • Mar 17New major risk - Revenue and earnings growthEarnings have declined by 14% 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 Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AR$67.1b market cap, or US$78.8m).
Reported Earnings • Mar 17First quarter 2024 earnings released: AR$10.24 loss per share (vs AR$1.00 profit in 1Q 2023)First quarter 2024 results: AR$10.24 loss per share (down from AR$1.00 profit in 1Q 2023). Revenue: AR$6.98b (up 100% from 1Q 2023). Net loss: AR$3.48b (down AR$3.82b from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to AR$188, the stock trades at a trailing P/E ratio of 67.7x. Average trailing P/E is 23x in the IT industry globally. Total returns to shareholders of 11% over the past three years.
Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to AR$207, the stock trades at a trailing P/E ratio of 74.6x. Average trailing P/E is 22x in the IT industry globally. Total returns to shareholders of 39% over the past three years.
Reported Earnings • Jan 13Full year 2023 earnings released: EPS: AR$2.78 (vs AR$2.93 in FY 2022)Full year 2023 results: EPS: AR$2.78 (down from AR$2.93 in FY 2022). Revenue: AR$22.2b (up 127% from FY 2022). Net income: AR$944.8m (down 5.1% from FY 2022). Profit margin: 4.3% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
New Risk • Aug 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AR$30.2b (US$86.2m) 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: Minor Risks Dividend is not well covered by cash flows (221% cash payout ratio). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (AR$30.2b market cap, or US$86.2m).
Reported Earnings • Jun 17Second quarter 2023 earnings released: EPS: AR$0.96 (vs AR$1.37 in 2Q 2022)Second quarter 2023 results: EPS: AR$0.96 (down from AR$1.37 in 2Q 2022). Revenue: AR$3.23b (up 41% from 2Q 2022). Net income: AR$326.9m (down 30% from 2Q 2022). Profit margin: 10% (down from 20% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 17First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: AR$2.80b (up 54% from 1Q 2022). Net income: AR$271.9m (down 22% from 1Q 2022). Profit margin: 9.7% (down from 19% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jan 14Full year 2022 earnings released: EPS: AR$2.93 (vs AR$6.15 in FY 2021)Full year 2022 results: EPS: AR$2.93 (down from AR$6.15 in FY 2021). Revenue: AR$9.78b (down 4.4% from FY 2021). Net income: AR$995.3m (down 52% from FY 2021). Profit margin: 10% (down from 20% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Dec 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to AR$98.00, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 10x in the IT industry in South America. Total returns to shareholders of 40% over the past three years.
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. 12 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . 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 • Jun 29Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be AR$65.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 32%.
Buying Opportunity • May 30Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be AR$64.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 32%.
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. 12 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . 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 05Now 20% undervaluedOver the last 90 days, the stock is up 8.5%. The fair value is estimated to be AR$62.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 32%.
Buying Opportunity • Mar 15Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be AR$63.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% per annum over the last 3 years. Earnings per share has declined by 32% per annum over the last 3 years.
Upcoming Dividend • Mar 03Upcoming dividend of AR$2.00 per shareEligible shareholders must have bought the stock before 09 March 2022. Payment date: 11 March 2022. The company is paying out more than 100% of its profits and is paying out 93% of its cash flow. Trailing yield: 6.9%. Within top quartile of Argentinean dividend payers (4.6%). Higher than average of industry peers (2.9%).
Buying Opportunity • Feb 27Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be AR$65.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% per annum over the last 3 years. Earnings per share has declined by 32% per annum over the last 3 years.
Reported Earnings • Sep 19Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: AR$1.10b (up 108% from 3Q 2020). Net income: AR$175.9m (up 145% from 3Q 2020). Profit margin: 16% (up from 14% in 3Q 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • May 29Investor sentiment deteriorated over the past weekAfter last week's 77% share price decline to AR$48.40, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 25x in the IT industry in South America. Total loss to shareholders of 43% over the past year.
Is New 90 Day High Low • Mar 03New 90-day high: AR$220The company is up 3.0% from its price of AR$213 on 02 December 2020. The Argentinean market is down 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the IT industry, which is up 26% over the same period.
Valuation Update With 7 Day Price Move • Dec 01Market bids up stock over the past weekAfter last week's 17% share price gain to AR$210, the stock is trading at a trailing P/E ratio of 32.9x, up from the previous P/E ratio of 28.2x. This compares to an average P/E of 32x in the IT industry in South America. Total returns to shareholders over the past year are 203%.
Is New 90 Day High Low • Nov 17New 90-day high: AR$181The company is up 36% from its price of AR$133 on 19 August 2020. The Argentinean market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 8.0% over the same period.
Is New 90 Day High Low • Oct 31New 90-day high: AR$174The company is up 49% from its price of AR$117 on 31 July 2020. The Argentinean market is down 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 11% over the same period.
Is New 90 Day High Low • Oct 16New 90-day high: AR$153The company is up 38% from its price of AR$111 on 17 July 2020. The Argentinean market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Sep 26New 90-day high: AR$136The company is up 22% from its price of AR$111 on 26 June 2020. The Argentinean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 8.0% over the same period.
Reported Earnings • Sep 26Third quarter earnings releasedOver the last 12 months the company has reported total profits of AR$319.6m, down 70% from the prior year. Total revenue was AR$2.02b over the last 12 months, down 48% from the prior year.
Reported Earnings • Sep 24Third quarter earnings releasedOver the last 12 months the company has reported total profits of AR$433.0m, down 54% from the prior year. Total revenue was AR$2.40b over the last 12 months, down 32% from the prior year.