View ValuationBanqup Group 향후 성장Future 기준 점검 1/6Banqup Group (는) 각각 연간 48.9% 및 13.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 52.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 -18.7% 로 예상됩니다.핵심 정보48.9%이익 성장률52.40%EPS 성장률Software 이익 성장15.9%매출 성장률13.5%향후 자기자본이익률-18.70%애널리스트 커버리지Low마지막 업데이트22 May 2026최근 향후 성장 업데이트Price Target Changed • Apr 27Price target decreased by 18% to €3.90Down from €4.77, the current price target is an average from 3 analysts. New target price is 51% above last closing price of €2.58. Stock is down 25% over the past year. The company is forecast to post a net loss per share of €0.56 next year compared to a net loss per share of €1.03 last year.Major Estimate Revision • Mar 24Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €76.6m to €67.9m. Forecast losses increased from -€0.21 to -€0.59 per share. Software industry in Belgium expected to see average net income growth of 21% next year. Consensus price target of €4.67 unchanged from last update. Share price fell 6.1% to €3.24 over the past week.Major Estimate Revision • Nov 14Consensus revenue estimates decrease by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €77.1m to €66.5m. EPS estimate unchanged from -€0.80 per share at last update. Software industry in Belgium expected to see average net income growth of 26% next year. Consensus price target of €4.67 unchanged from last update. Share price rose 10% to €3.59 over the past week.Major Estimate Revision • Sep 17Consensus revenue estimates fall by 25%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €103.0m to €77.1m. Forecast losses increased from -€0.635 to -€0.80 per share. Software industry in Belgium expected to see average net income growth of 23% next year. Consensus price target down from €4.77 to €4.67. Share price rose 2.5% to €4.10 over the past week.Major Estimate Revision • Jun 29Consensus revenue estimates decrease by 24%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €145.0m to €109.5m. EPS estimate unchanged from -€0.57 per share at last update. Software industry in Belgium expected to see average net income growth of 26% next year. Consensus price target up from €4.67 to €4.77. Share price rose 2.0% to €3.51 over the past week.Major Estimate Revision • Mar 06Consensus revenue estimates decrease by 34%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €166.5m to €109.5m. EPS estimate unchanged from -€0.57 per share at last update. Software industry in Belgium expected to see average net income growth of 30% next year. Consensus price target of €4.67 unchanged from last update. Share price fell 6.1% to €3.26 over the past week.모든 업데이트 보기Recent updates공시 • May 28+ 1 more updateBanqup Group SA Announces CEO Changes, Effective May 28, 2026Banqup Group SA announced that Beco Global Consulting LLC, permanently represented by Mr. Nicolas de Beco, and the Company have, by mutual consent, agreed to terminate his appointment as Chief Executive Officer of the Company with effect as of May 28, 2026. The Board stated that under his leadership, the company sharpened its strategic focus, strengthened its e-invoicing revenue base, and made important strides in positioning Banqup for the rollout of mandatory e-invoicing in France. The Board appointed Debrako BV, permanently represented by Mr. Koen De Brabander, as ad interim presiding member of the Management Committee. In this capacity, Koen De Brabander will lead the management team and serve as the Board’s primary interlocutor on matters of day-to-day management.New Risk • May 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €85.4m (US$99.4m) 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 Share price has been highly volatile over the past 3 months (7.0% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€28m). Currently unprofitable and not forecast to become profitable over next 3 years (€7.1m net loss in 3 years). Market cap is less than US$100m (€85.4m market cap, or US$99.4m).Price Target Changed • Apr 27Price target decreased by 18% to €3.90Down from €4.77, the current price target is an average from 3 analysts. New target price is 51% above last closing price of €2.58. Stock is down 25% over the past year. The company is forecast to post a net loss per share of €0.56 next year compared to a net loss per share of €1.03 last year.Reported Earnings • Apr 22Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: €1.03 loss per share (improved from €1.42 loss in FY 2024). Revenue: €51.6m (down 5.0% from FY 2024). Net loss: €38.3m (loss narrowed 27% from FY 2024). Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.새로운 내러티브 • Apr 16European E Invoicing And Digital Identity Tailwinds Will Drive Stronger Long Term Earnings QualityCatalysts About Banqup Group Banqup Group provides a European SaaS platform for e invoicing, payments and digital trust services for businesses and public sector clients. What are the underlying business or industry changes driving this perspective?새로운 내러티브 • Apr 01Regulatory Reliance And Ongoing Losses Will Eventually Support Modest Upside PotentialCatalysts About Banqup Group Banqup Group provides a European software platform for e invoicing, payments and digital trust services for businesses and public sector clients. What are the underlying business or industry changes driving this perspective?분석 기사 • Mar 25Analysts Are More Bearish On Banqup Group SA (EBR:BANQ) Than They Used To BeToday is shaping up negative for Banqup Group SA ( EBR:BANQ ) shareholders, with the analysts delivering a substantial...Major Estimate Revision • Mar 24Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €76.6m to €67.9m. Forecast losses increased from -€0.21 to -€0.59 per share. Software industry in Belgium expected to see average net income growth of 21% next year. Consensus price target of €4.67 unchanged from last update. Share price fell 6.1% to €3.24 over the past week.새로운 내러티브 • Mar 18Mandatory E Invoicing And Digital Trust Will Reshape This European SaaS ProviderCatalysts About Banqup Group Banqup Group provides SaaS-based e-invoicing, payment and digital trust solutions for businesses across multiple European markets. What are the underlying business or industry changes driving this perspective?공시 • Mar 17FitekIn completed the acquisition of Baltic operations from Banqup Group SA (ENXTBR:BANQ).FitekIn signed share purchase agreement to acquire Baltic operations from Banqup Group SA (ENXTBR:BANQ) for an enterprise value of €9.5 million on January 26, 2026. The consideration is subject to potential adjustments reflecting the net financial cash/debt position of the in-scope entities as of 31 December 2025. The Completion would be subject to approval by competition authorities in Estonia, Latvia and Lithuania, regulatory approvals and the satisfaction of certain customary closing conditions. The merger is expected to complete by the end of February 2026. The proceeds from this transaction, if completed, are expected to be used to strengthen the Group’s balance sheet and working capital position. FitekIn completed the acquisition of Baltic operations from Banqup Group SA (ENXTBR:BANQ) on March 16, 2026. The transaction has received regulatory approvals in Estonia, Latvia and Lithuania.공시 • Mar 16Banqup Group SA to Report Q3, 2026 Results on Nov 12, 2026Banqup Group SA announced that they will report Q3, 2026 results on Nov 12, 2026New Risk • Mar 02New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €38m Forecast net loss in 3 years: €500k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.3% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€28m). Currently unprofitable and not forecast to become profitable over next 3 years (€500k net loss in 3 years).Reported Earnings • Mar 02Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: €1.03 loss per share (improved from €1.40 loss in FY 2024). Revenue: €51.6m (down 38% from FY 2024). Net loss: €38.3m (loss narrowed 25% from FY 2024). Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.분석 기사 • Feb 13Revenues Not Telling The Story For Banqup Group SA (EBR:BANQ) After Shares Rise 27%Banqup Group SA ( EBR:BANQ ) shareholders would be excited to see that the share price has had a great month, posting a...공시 • Feb 07Banqup Group SA Announces Appointments of Sébastien Imbert as Chief Marketing Office and Wim Focquet as Chief People Officer, Effective February 5, 2026Banqup Group SA has appointed Sébastien Imbert as Chief Marketing Officer. Sébastien brings 25 years of experience scaling technology and SaaS companies, including Microsoft and Septeo, specialising in building marketing engines and go-to-market strategies that directly impact pipeline, revenue, and valuation. At Banqup, he will focus on strengthening marketing capabilities to drive the upsell of payment solutions across Banqup's existing customer base through disciplined, measurable marketing automation and revenue operations excellence. Banqup Group SA has appointed Wim Focquet as Chief People Officer. Wim brings over 25 years of experience in senior HR leadership and organisational transformation in complex, regulated, and high-growth environments, with a strong track record in aligning strategy, governance, culture, and execution. Prior to Banqup, he held global HR and talent leadership roles and advised executive teams on transformation and execution reliability. At Banqup, Wim will lead people practices across the organisation, focusing on building clarity, strengthening ownership, and supporting teams.New Risk • Jan 26New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €48m Forecast net loss in 3 years: €718k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€20m). Currently unprofitable and not forecast to become profitable over next 3 years (€718k net loss in 3 years). Share price has been volatile over the past 3 months (7.3% average weekly change).공시 • Jan 13Banqup Group SA to Report First Half, 2026 Results on Aug 25, 2026Banqup Group SA announced that they will report first half, 2026 results on Aug 25, 2026Major Estimate Revision • Nov 14Consensus revenue estimates decrease by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €77.1m to €66.5m. EPS estimate unchanged from -€0.80 per share at last update. Software industry in Belgium expected to see average net income growth of 26% next year. Consensus price target of €4.67 unchanged from last update. Share price rose 10% to €3.59 over the past week.공시 • Nov 08Banqup Group SA to Report Q1, 2026 Results on May 21, 2026Banqup Group SA announced that they will report Q1, 2026 results on May 21, 2026공시 • Oct 06Banqup Group Sa Announces Hans Leybaert Will Step Down from Role as Chairman of the Board of DirectorsBanqup Group SA announced that Sofias BV, represented by Hans Leybaert, will step down from his role as Chairman of the Board of Directors with immediate effect. He will, however, continue to serve as a member of the Board, ensuring continuity and ongoing contribution to the company’s strategic journey. This transition forms part of Banqup’s planned succession process to further strengthen its governance framework and ensure independent leadership at the Board level.Hans Leybaert has served as Chairman since October 2024, providing continuity during a key phase of Banqup’s transformation and supporting the company in the execution of its strategic priorities. The Board is in the process of finalising the appointment of a new independent Chair and will provide an update in due course.New Risk • Sep 23New 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 Belgian stocks, typically moving 6.5% 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 Risk Share price has been highly volatile over the past 3 months (6.5% average weekly change). Minor Risk Less than 1 year of cash runway based on current free cash flow (-€20m).분석 기사 • Sep 18Things Look Grim For Banqup Group SA (EBR:BANQ) After Today's DowngradeOne thing we could say about the analysts on Banqup Group SA ( EBR:BANQ ) - they aren't optimistic, having just made a...Major Estimate Revision • Sep 17Consensus revenue estimates fall by 25%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €103.0m to €77.1m. Forecast losses increased from -€0.635 to -€0.80 per share. Software industry in Belgium expected to see average net income growth of 23% next year. Consensus price target down from €4.77 to €4.67. Share price rose 2.5% to €4.10 over the past week.Reported Earnings • Aug 28First half 2025 earnings released: €0.52 loss per share (vs €0.53 loss in 1H 2024)First half 2025 results: €0.52 loss per share (improved from €0.53 loss in 1H 2024). Revenue: €31.1m (down 39% from 1H 2024). Net loss: €19.1m (flat on 1H 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year.공시 • Aug 26+ 2 more updatesBanqup Group SA to Report First Half, 2025 Results on Aug 27, 2025Banqup Group SA announced that they will report first half, 2025 results on Aug 27, 2025공시 • Aug 12+ 1 more updateBanqup Group SA to Report Fiscal Year 2025 Final Results on Apr 16, 2026Banqup Group SA announced that they will report fiscal year 2025 final results on Apr 16, 2026Major Estimate Revision • Jun 29Consensus revenue estimates decrease by 24%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €145.0m to €109.5m. EPS estimate unchanged from -€0.57 per share at last update. Software industry in Belgium expected to see average net income growth of 26% next year. Consensus price target up from €4.67 to €4.77. Share price rose 2.0% to €3.51 over the past week.공시 • Jun 06PostNord Stralfors AB completed the acquisition of 21 Grams AB from Unifiedpost Group SA (ENXTBR:UPG).PostNord Stralfors AB signed an agreement to acquire 21 Grams AB from Unifiedpost Group SA (ENXTBR:UPG) for an enterprise value of SEK 200 million on July 5, 2024. The purchase price is subject to certain potential adjustments based on the financial position of 21 Grams at completion of the sale. The agreement also includes an exclusive partnership to distribute Banqup and B2B digital products to PostNord Strålfors’ customer network. For the period ending December 31, 2023, 21 Grams AB reported total revenue of €83.2 million. The transaction is subject to approval from the relevant competition authorities, FDI approval and certain additional relevant closing conditions. The transaction is expected to close in the second half of 2024. Ernst & Young Corporate Finance AB acted as financial advisor to PostNord Stralfors AB. As of May 30, 2025, Banqup Group has received approval from the Swedish Competition Authority for the divestment of 21 Grams. PostNord Stralfors AB completed the acquisition of 21 Grams AB from Unifiedpost Group SA (ENXTBR:UPG) on June 5, 2025.Board Change • Jun 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Koen Hoffman was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Peter Mulroy was the last independent 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.Reported Earnings • Apr 20Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: €1.40 loss per share (improved from €2.34 loss in FY 2023). Revenue: €83.6m (down 56% from FY 2023). Net loss: €51.2m (loss narrowed 39% from FY 2023). Revenue missed analyst estimates by 46%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.New Risk • Mar 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Belgian stocks, typically moving 5.5% 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€2.3m net loss in 3 years). Share price has been volatile over the past 3 months (5.5% average weekly change).공시 • Mar 07Unifiedpost Group SA to Report Q3, 2025 Results on Nov 13, 2025Unifiedpost Group SA announced that they will report Q3, 2025 results on Nov 13, 2025Major Estimate Revision • Mar 06Consensus revenue estimates decrease by 34%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €166.5m to €109.5m. EPS estimate unchanged from -€0.57 per share at last update. Software industry in Belgium expected to see average net income growth of 30% next year. Consensus price target of €4.67 unchanged from last update. Share price fell 6.1% to €3.26 over the past week.Reported Earnings • Feb 27Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: €1.40 loss per share (improved from €2.34 loss in FY 2023). Revenue: €83.6m (down 56% from FY 2023). Net loss: €51.2m (loss narrowed 39% from FY 2023). Revenue missed analyst estimates by 46%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 33% per year.분석 기사 • Feb 20Unifiedpost Group SA's (EBR:UPG) Business And Shares Still Trailing The IndustryYou may think that with a price-to-sales (or "P/S") ratio of 0.7x Unifiedpost Group SA ( EBR:UPG ) is a stock worth...공시 • Dec 18Unifiedpost Group SA to Report First Half, 2025 Results on Aug 26, 2025Unifiedpost Group SA announced that they will report first half, 2025 results on Aug 26, 2025분석 기사 • Nov 21Unifiedpost Group SA's (EBR:UPG) Price Is Right But Growth Is LackingYou may think that with a price-to-sales (or "P/S") ratio of 0.6x Unifiedpost Group SA ( EBR:UPG ) is a stock worth...분석 기사 • Oct 07Some Unifiedpost Group SA (EBR:UPG) Analysts Just Made A Major Cut To Next Year's EstimatesThe latest analyst coverage could presage a bad day for Unifiedpost Group SA ( EBR:UPG ), with the analysts making...Major Estimate Revision • Oct 04Consensus revenue estimates fall by 24%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €203.5m to €155.3m. Forecast losses increased from -€0.635 to -€0.73 per share. Software industry in Belgium expected to see average net income growth of 33% next year. Consensus price target of €4.67 unchanged from last update. Share price rose 3.9% to €3.48 over the past week.Reported Earnings • Aug 30First half 2024 earnings released: €0.53 loss per share (vs €0.63 loss in 1H 2023)First half 2024 results: €0.53 loss per share (improved from €0.63 loss in 1H 2023). Revenue: €50.8m (flat on 1H 2023). Net loss: €19.1m (loss narrowed 16% from 1H 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings.Price Target Changed • Aug 27Price target increased by 18% to €5.25Up from €4.43, the current price target is an average from 2 analysts. New target price is 50% above last closing price of €3.49. Stock is down 2.8% over the past year. The company is forecast to post a net loss per share of €0.64 next year compared to a net loss per share of €2.34 last year.공시 • Aug 27+ 1 more updateUnifiedpost Group SA to Report Fiscal Year 2024 Final Results on Apr 18, 2025Unifiedpost Group SA announced that they will report fiscal year 2024 final results on Apr 18, 2025분석 기사 • Aug 10Unifiedpost Group SA's (EBR:UPG) Revenues Are Not Doing Enough For Some InvestorsYou may think that with a price-to-sales (or "P/S") ratio of 0.6x Unifiedpost Group SA ( EBR:UPG ) is a stock worth...공시 • Jul 08Unifiedpost Group Sa Announces Resignation of Stefan Yee as Chairman of the Board of DirectorsUnifiedpost Group SA announced the strategic decision to enhance the Board composition. Stefan Yee, representing AS Partners BV, announces his resignation as Chairman of the Board of Directors of Unifiedpost Group. Stefan Yee, representing AS Partners BV, has voluntarily decided to step down as Chairman of the Board of Directors after serving nearly 10 years since 2014. He will continue in his role as resigning Chairman, until a replacement has been selected and approved. Stefan Yee made this decision solely in the interest of the company in order to facilitate the transition towards a new governance structure. Stefan confirms that, as before, he will continue to support the company as CEO of PE Group NV, one of the reference shareholders of Unifiedpost Group. The Board of Directors has formed a search committee, and engaged an executive search firm to conduct a comprehensive search for additional Board members to strengthen the Board and align it with evolving good corporate governance standards and its strategic goals as an international public company. An update on the search and selection of new Board members, as well as the appointment of the new Chairman, will be announced when the procedure is completed, which is expected before the end of Q3.New Risk • May 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.6% 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€6.5m net loss in 3 years). Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (3.6% increase in shares outstanding).Major Estimate Revision • May 05Consensus EPS estimates fall by 110%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €215.0m to €204.0m. Losses expected to increase from €0.31 per share to €0.65. Software industry in Belgium expected to see average net income growth of 31% next year. Consensus price target down from €4.65 to €4.40. Share price rose 2.6% to €3.91 over the past week.공시 • Apr 30Unifiedpost Group Announces Board Resignations, Effective May 21, 2024Unifiedpost Group's Ordinary General Shareholders Meeting will be held on May 21, 2024, the board proposed the following resignations: Resignation of AS Partners BV, with enterprise number 0466.690.556, represented by its permanent representative, Stefan Yee, as director of the company, effective May 21, 2024. Resignation of First Performance AG, with enterprise number 0781484854, represented by its permanent representative, Michaël Kleindl, as director of the company, effective May 21, 2024.Reported Earnings • Apr 22Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: €2.34 loss per share (further deteriorated from €1.26 loss in FY 2022). Revenue: €191.4m (flat on FY 2022). Net loss: €83.9m (loss widened 93% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 183%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings.New Risk • Apr 19New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €84m Forecast net loss in 3 years: €18m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (€18m net loss in 3 years).공시 • Apr 13Unifiedpost Group SA to Report Fiscal Year 2024 Results on Mar 13, 2025Unifiedpost Group SA announced that they will report fiscal year 2024 results on Mar 13, 2025공시 • Mar 26Unifiedpost Group Announces Chief Financial Officer ChangesUnifiedpost Group announced leadership changes that position the company for continued growth and innovation. Mr. Koen De Brabander has been appointed as the new Chief Financial Officer (CFO), taking over from Mr. Laurent Marcelis, effective from 15 April 2024. Mr. De Brabander has extensive experience in financial management and strategic planning. He has been working for the Group from 2020 as operational finance director. Before joining Unifiedpost, Mr. De Brabander excelled in various senior financial roles at BDO, KBVB and as independent advisor, demonstrating a strong track record of leading teams and enhancing business growth.Reported Earnings • Feb 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: €2.32 loss per share (further deteriorated from €1.26 loss in FY 2022). Revenue: €191.4m (flat on FY 2022). Net loss: €83.9m (loss widened 93% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 183%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.New Risk • Feb 05New 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 Belgian stocks, typically moving 7.9% 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 Less than 1 year of cash runway based on free cash flow trend (-€22m free cash flow). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Shareholders have been diluted in the past year (3.7% increase in shares outstanding).Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. Independent Director Philippe De Backer was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.공시 • Jan 10+ 5 more updatesUnifiedpost Group SA to Report Q1, 2024 Results on May 20, 2024Unifiedpost Group SA announced that they will report Q1, 2024 results on May 20, 2024New Risk • Jan 08New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€22m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€22m free cash flow). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (3.7% increase in shares outstanding).Breakeven Date Change • Dec 31Forecast to breakeven in 2026The 2 analysts covering Unifiedpost Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €23.0m in 2026. Average annual earnings growth of 65% is required to achieve expected profit on schedule.Reported Earnings • Aug 30First half 2023 earnings released: €0.67 loss per share (vs €0.61 loss in 1H 2022)First half 2023 results: €0.67 loss per share (further deteriorated from €0.61 loss in 1H 2022). Revenue: €93.2m (up 1.6% from 1H 2022). Net loss: €24.1m (loss widened 16% from 1H 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in Europe.New Risk • Jul 12New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €44m Forecast net loss in 3 years: €1.4m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€1.4m net loss in 3 years). Shareholders have been diluted in the past year (3.7% increase in shares outstanding).Breakeven Date Change • Jul 11No longer forecast to breakevenThe analyst covering Unifiedpost Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of €4.90m in 2025. New forecast suggests the company will make a loss of €1.40m in 2025.Reported Earnings • Apr 18Full year 2022 earnings released: €1.26 loss per share (vs €0.80 loss in FY 2021)Full year 2022 results: €1.26 loss per share (further deteriorated from €0.80 loss in FY 2021). Revenue: €191.0m (up 12% from FY 2021). Net loss: €43.6m (loss widened 67% from FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Software industry in Europe.Breakeven Date Change • Jan 01Forecast to breakeven in 2025The analyst covering Unifiedpost Group expects the company to break even for the first time. New forecast suggests the company will make a profit of €4.00m in 2025. Average annual earnings growth of 50% is required to achieve expected profit on schedule.공시 • Dec 22+ 5 more updatesUnifiedpost Group SA to Report First Half, 2023 Results on Aug 29, 2023Unifiedpost Group SA announced that they will report first half, 2023 results on Aug 29, 2023Price Target Changed • Nov 16Price target decreased to €24.00Down from €35.00, the current price target is provided by 1 analyst. New target price is 598% above last closing price of €3.44. Stock is down 81% over the past year. The company is forecast to post a net loss per share of €1.06 next year compared to a net loss per share of €0.80 last year.Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Philippe De Backer was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 19First half 2022 earnings released: €0.61 loss per share (vs €0.35 loss in 1H 2021)First half 2022 results: €0.61 loss per share (further deteriorated from €0.35 loss in 1H 2021). Revenue: €91.7m (up 14% from 1H 2021). Net loss: €20.8m (loss widened 87% from 1H 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Europe.Price Target Changed • Apr 27Price target decreased to €24.00Down from €35.00, the current price target is provided by 1 analyst. New target price is 305% above last closing price of €5.93. Stock is down 68% over the past year. The company is forecast to post a net loss per share of €1.06 next year compared to a net loss per share of €0.80 last year.Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Philippe De Backer was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Breakeven Date Change • Mar 15Forecast breakeven date pushed back to 2024The analyst covering Unifiedpost Group previously expected the company to break even in 2023. New forecast suggests the company will make a profit of €12.6m in 2024. Average annual earnings growth of 53% is required to achieve expected profit on schedule.Price Target Changed • Mar 14Price target decreased to €24.00Down from €33.00, the current price target is provided by 1 analyst. New target price is 186% above last closing price of €8.40. Stock is down 56% over the past year. The company is forecast to post a net loss per share of €0.91 next year compared to a net loss per share of €1.72 last year.Reported Earnings • Sep 23First half 2021 earnings released: €0.35 loss per share (vs €0.78 loss in 1H 2020)The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: €80.7m (up 141% from 1H 2020). Net loss: €11.1m (loss narrowed 34% from 1H 2020).공시 • Mar 21UnifiedPost Group S.A. (ENXTBR:UPG) acquired Sistema Efactura S.L. from Tink AB.UnifiedPost Group S.A. (ENXTBR:UPG) acquired Sistema Efactura S.L. from Tink AB on March 18, 2021. The consideration is financed in cash. UnifiedPost Group S.A. (ENXTBR:UPG) completed the acquisition of Sistema Efactura S.L. from Tink AB on March 18, 2021.Is New 90 Day High Low • Feb 26New 90-day low: €19.70The company is down 1.0% from its price of €19.88 on 27 November 2020. The Belgian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 8.0% over the same period.분석 기사 • Feb 19What You Need To Know About UnifiedPost Group S.A.'s (EBR:UPG) Investor CompositionIf you want to know who really controls UnifiedPost Group S.A. ( EBR:UPG ), then you'll have to look at the makeup of...공시 • Jan 09UnifiedPost Group S.A. (ENXTBR:UPG) completed the acquisition of BanqUP and AKTI NV.UnifiedPost Group S.A. (ENXTBR:UPG) agreed to acquire BanqUP and AKTI NV on December 23, 2020. UnifiedPost Group S.A. will finance the acquisition of BanqUP 50% through shares and 50% through cash and will finance the acquisition of AKTI NV 85% by shares and 15% by cash. The transaction is expected to close during January 2021. UnifiedPost Group S.A. (ENXTBR:UPG) completed the acquisition of BanqUP and AKTI NV on January 8, 2021. In the framework of each acquisition, a part of the purchase price is converted into loans granted by the sellers to the Company or into a deferred payment. For the acquisition of BanqUP, Akti and 21 Grams Holding UnifiedPost issued 0.35 million shares in consideration for the contribution in kind of the receivables resulting from the vendor loans and the receivables resulting from the deferred payment.공시 • Dec 24+ 1 more updateUnifiedPost Group S.A. (ENXTBR:UPG) agreed to acquire BanqUP and AKTI NV.UnifiedPost Group S.A. (ENXTBR:UPG) agreed to acquire BanqUP and AKTI NV on December 23, 2020. UnifiedPost Group S.A. will finance the acquisition of BanqUP 50% through shares and 50% through cash and will finance the acquisition of AKTI NV 85% by shares and 15% by cash. The transaction is expected to close during January 2020.Is New 90 Day High Low • Dec 24New 90-day high: €22.99The company is up 2.0% from its price of €22.58 on 24 September 2020. The Belgian market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 9.0% over the same period.분석 기사 • Dec 23Estimating The Intrinsic Value Of UnifiedPost Group S.A. (EBR:UPG)Today we will run through one way of estimating the intrinsic value of UnifiedPost Group S.A. ( EBR:UPG ) by taking the...공시 • Sep 26+ 1 more updateUnifiedPost Group S.A. has completed an IPO in the amount of €218.74996 million.UnifiedPost Group S.A. has completed an IPO in the amount of €218.74996 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,937,498 Price\Range: €20 Transaction Features: Direct Listing; Regulation S; Rule 144A; Sponsor Backed Offering이익 및 매출 성장 예측ENXTBR:BANQ - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202879-71118312/31/202770-131014312/31/202658-2122312/31/202552-38-28-11N/A9/30/202551-43-24-8N/A6/30/202580-48-20-4N/A3/31/202582-49-151N/A12/31/202454-52-97N/A9/30/202467-70-313N/A6/30/202479-89319N/A3/31/202487-89-215N/A12/31/202394-89-611N/A9/30/2023122-67-146N/A6/30/2023150-45-210N/A3/31/2023170-45-28-6N/A12/31/2022191-44-35-12N/A9/30/2022186-40-35-11N/A6/30/2022182-36-34-11N/A3/31/2022176-31-26-3N/A12/31/2021171-26-184N/A9/30/2021143-27-23-3N/A6/30/2021116-28-28-11N/A3/31/202193-31-24-9N/A12/31/202069-34-20-7N/A9/30/202064-31-13-2N/A6/30/202059-28-74N/A3/31/202053-25-10-1N/A12/31/201947-22-12-5N/A12/31/201828-6N/A-1N/A12/31/2017231N/A4N/A12/31/20161-1N/AN/AN/A12/31/201500N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: BANQ 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 vs 시장: BANQ 향후 3년 동안 수익성이 없을 것으로 예상됩니다.고성장 수익: BANQ 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 대 시장: BANQ 의 수익(연간 13.5%)이 Belgian 시장(연간 7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: BANQ 의 수익(연간 13.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: BANQ는 3년 뒤에도 수익성이 없을 것으로 전망됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/01 18:58종가2026/06/01 00:00수익2025/12/31연간 수익2025/12/31데이터 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 소스Banqup Group SA는 4명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Andreas MarkouBerenbergGustav FrobergBerenbergMichael RoegDegroof Petercam1명의 분석가 더 보기
Price Target Changed • Apr 27Price target decreased by 18% to €3.90Down from €4.77, the current price target is an average from 3 analysts. New target price is 51% above last closing price of €2.58. Stock is down 25% over the past year. The company is forecast to post a net loss per share of €0.56 next year compared to a net loss per share of €1.03 last year.
Major Estimate Revision • Mar 24Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €76.6m to €67.9m. Forecast losses increased from -€0.21 to -€0.59 per share. Software industry in Belgium expected to see average net income growth of 21% next year. Consensus price target of €4.67 unchanged from last update. Share price fell 6.1% to €3.24 over the past week.
Major Estimate Revision • Nov 14Consensus revenue estimates decrease by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €77.1m to €66.5m. EPS estimate unchanged from -€0.80 per share at last update. Software industry in Belgium expected to see average net income growth of 26% next year. Consensus price target of €4.67 unchanged from last update. Share price rose 10% to €3.59 over the past week.
Major Estimate Revision • Sep 17Consensus revenue estimates fall by 25%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €103.0m to €77.1m. Forecast losses increased from -€0.635 to -€0.80 per share. Software industry in Belgium expected to see average net income growth of 23% next year. Consensus price target down from €4.77 to €4.67. Share price rose 2.5% to €4.10 over the past week.
Major Estimate Revision • Jun 29Consensus revenue estimates decrease by 24%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €145.0m to €109.5m. EPS estimate unchanged from -€0.57 per share at last update. Software industry in Belgium expected to see average net income growth of 26% next year. Consensus price target up from €4.67 to €4.77. Share price rose 2.0% to €3.51 over the past week.
Major Estimate Revision • Mar 06Consensus revenue estimates decrease by 34%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €166.5m to €109.5m. EPS estimate unchanged from -€0.57 per share at last update. Software industry in Belgium expected to see average net income growth of 30% next year. Consensus price target of €4.67 unchanged from last update. Share price fell 6.1% to €3.26 over the past week.
공시 • May 28+ 1 more updateBanqup Group SA Announces CEO Changes, Effective May 28, 2026Banqup Group SA announced that Beco Global Consulting LLC, permanently represented by Mr. Nicolas de Beco, and the Company have, by mutual consent, agreed to terminate his appointment as Chief Executive Officer of the Company with effect as of May 28, 2026. The Board stated that under his leadership, the company sharpened its strategic focus, strengthened its e-invoicing revenue base, and made important strides in positioning Banqup for the rollout of mandatory e-invoicing in France. The Board appointed Debrako BV, permanently represented by Mr. Koen De Brabander, as ad interim presiding member of the Management Committee. In this capacity, Koen De Brabander will lead the management team and serve as the Board’s primary interlocutor on matters of day-to-day management.
New Risk • May 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €85.4m (US$99.4m) 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 Share price has been highly volatile over the past 3 months (7.0% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€28m). Currently unprofitable and not forecast to become profitable over next 3 years (€7.1m net loss in 3 years). Market cap is less than US$100m (€85.4m market cap, or US$99.4m).
Price Target Changed • Apr 27Price target decreased by 18% to €3.90Down from €4.77, the current price target is an average from 3 analysts. New target price is 51% above last closing price of €2.58. Stock is down 25% over the past year. The company is forecast to post a net loss per share of €0.56 next year compared to a net loss per share of €1.03 last year.
Reported Earnings • Apr 22Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: €1.03 loss per share (improved from €1.42 loss in FY 2024). Revenue: €51.6m (down 5.0% from FY 2024). Net loss: €38.3m (loss narrowed 27% from FY 2024). Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
새로운 내러티브 • Apr 16European E Invoicing And Digital Identity Tailwinds Will Drive Stronger Long Term Earnings QualityCatalysts About Banqup Group Banqup Group provides a European SaaS platform for e invoicing, payments and digital trust services for businesses and public sector clients. What are the underlying business or industry changes driving this perspective?
새로운 내러티브 • Apr 01Regulatory Reliance And Ongoing Losses Will Eventually Support Modest Upside PotentialCatalysts About Banqup Group Banqup Group provides a European software platform for e invoicing, payments and digital trust services for businesses and public sector clients. What are the underlying business or industry changes driving this perspective?
분석 기사 • Mar 25Analysts Are More Bearish On Banqup Group SA (EBR:BANQ) Than They Used To BeToday is shaping up negative for Banqup Group SA ( EBR:BANQ ) shareholders, with the analysts delivering a substantial...
Major Estimate Revision • Mar 24Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €76.6m to €67.9m. Forecast losses increased from -€0.21 to -€0.59 per share. Software industry in Belgium expected to see average net income growth of 21% next year. Consensus price target of €4.67 unchanged from last update. Share price fell 6.1% to €3.24 over the past week.
새로운 내러티브 • Mar 18Mandatory E Invoicing And Digital Trust Will Reshape This European SaaS ProviderCatalysts About Banqup Group Banqup Group provides SaaS-based e-invoicing, payment and digital trust solutions for businesses across multiple European markets. What are the underlying business or industry changes driving this perspective?
공시 • Mar 17FitekIn completed the acquisition of Baltic operations from Banqup Group SA (ENXTBR:BANQ).FitekIn signed share purchase agreement to acquire Baltic operations from Banqup Group SA (ENXTBR:BANQ) for an enterprise value of €9.5 million on January 26, 2026. The consideration is subject to potential adjustments reflecting the net financial cash/debt position of the in-scope entities as of 31 December 2025. The Completion would be subject to approval by competition authorities in Estonia, Latvia and Lithuania, regulatory approvals and the satisfaction of certain customary closing conditions. The merger is expected to complete by the end of February 2026. The proceeds from this transaction, if completed, are expected to be used to strengthen the Group’s balance sheet and working capital position. FitekIn completed the acquisition of Baltic operations from Banqup Group SA (ENXTBR:BANQ) on March 16, 2026. The transaction has received regulatory approvals in Estonia, Latvia and Lithuania.
공시 • Mar 16Banqup Group SA to Report Q3, 2026 Results on Nov 12, 2026Banqup Group SA announced that they will report Q3, 2026 results on Nov 12, 2026
New Risk • Mar 02New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €38m Forecast net loss in 3 years: €500k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.3% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€28m). Currently unprofitable and not forecast to become profitable over next 3 years (€500k net loss in 3 years).
Reported Earnings • Mar 02Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: €1.03 loss per share (improved from €1.40 loss in FY 2024). Revenue: €51.6m (down 38% from FY 2024). Net loss: €38.3m (loss narrowed 25% from FY 2024). Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
분석 기사 • Feb 13Revenues Not Telling The Story For Banqup Group SA (EBR:BANQ) After Shares Rise 27%Banqup Group SA ( EBR:BANQ ) shareholders would be excited to see that the share price has had a great month, posting a...
공시 • Feb 07Banqup Group SA Announces Appointments of Sébastien Imbert as Chief Marketing Office and Wim Focquet as Chief People Officer, Effective February 5, 2026Banqup Group SA has appointed Sébastien Imbert as Chief Marketing Officer. Sébastien brings 25 years of experience scaling technology and SaaS companies, including Microsoft and Septeo, specialising in building marketing engines and go-to-market strategies that directly impact pipeline, revenue, and valuation. At Banqup, he will focus on strengthening marketing capabilities to drive the upsell of payment solutions across Banqup's existing customer base through disciplined, measurable marketing automation and revenue operations excellence. Banqup Group SA has appointed Wim Focquet as Chief People Officer. Wim brings over 25 years of experience in senior HR leadership and organisational transformation in complex, regulated, and high-growth environments, with a strong track record in aligning strategy, governance, culture, and execution. Prior to Banqup, he held global HR and talent leadership roles and advised executive teams on transformation and execution reliability. At Banqup, Wim will lead people practices across the organisation, focusing on building clarity, strengthening ownership, and supporting teams.
New Risk • Jan 26New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €48m Forecast net loss in 3 years: €718k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€20m). Currently unprofitable and not forecast to become profitable over next 3 years (€718k net loss in 3 years). Share price has been volatile over the past 3 months (7.3% average weekly change).
공시 • Jan 13Banqup Group SA to Report First Half, 2026 Results on Aug 25, 2026Banqup Group SA announced that they will report first half, 2026 results on Aug 25, 2026
Major Estimate Revision • Nov 14Consensus revenue estimates decrease by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €77.1m to €66.5m. EPS estimate unchanged from -€0.80 per share at last update. Software industry in Belgium expected to see average net income growth of 26% next year. Consensus price target of €4.67 unchanged from last update. Share price rose 10% to €3.59 over the past week.
공시 • Nov 08Banqup Group SA to Report Q1, 2026 Results on May 21, 2026Banqup Group SA announced that they will report Q1, 2026 results on May 21, 2026
공시 • Oct 06Banqup Group Sa Announces Hans Leybaert Will Step Down from Role as Chairman of the Board of DirectorsBanqup Group SA announced that Sofias BV, represented by Hans Leybaert, will step down from his role as Chairman of the Board of Directors with immediate effect. He will, however, continue to serve as a member of the Board, ensuring continuity and ongoing contribution to the company’s strategic journey. This transition forms part of Banqup’s planned succession process to further strengthen its governance framework and ensure independent leadership at the Board level.Hans Leybaert has served as Chairman since October 2024, providing continuity during a key phase of Banqup’s transformation and supporting the company in the execution of its strategic priorities. The Board is in the process of finalising the appointment of a new independent Chair and will provide an update in due course.
New Risk • Sep 23New 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 Belgian stocks, typically moving 6.5% 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 Risk Share price has been highly volatile over the past 3 months (6.5% average weekly change). Minor Risk Less than 1 year of cash runway based on current free cash flow (-€20m).
분석 기사 • Sep 18Things Look Grim For Banqup Group SA (EBR:BANQ) After Today's DowngradeOne thing we could say about the analysts on Banqup Group SA ( EBR:BANQ ) - they aren't optimistic, having just made a...
Major Estimate Revision • Sep 17Consensus revenue estimates fall by 25%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €103.0m to €77.1m. Forecast losses increased from -€0.635 to -€0.80 per share. Software industry in Belgium expected to see average net income growth of 23% next year. Consensus price target down from €4.77 to €4.67. Share price rose 2.5% to €4.10 over the past week.
Reported Earnings • Aug 28First half 2025 earnings released: €0.52 loss per share (vs €0.53 loss in 1H 2024)First half 2025 results: €0.52 loss per share (improved from €0.53 loss in 1H 2024). Revenue: €31.1m (down 39% from 1H 2024). Net loss: €19.1m (flat on 1H 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year.
공시 • Aug 26+ 2 more updatesBanqup Group SA to Report First Half, 2025 Results on Aug 27, 2025Banqup Group SA announced that they will report first half, 2025 results on Aug 27, 2025
공시 • Aug 12+ 1 more updateBanqup Group SA to Report Fiscal Year 2025 Final Results on Apr 16, 2026Banqup Group SA announced that they will report fiscal year 2025 final results on Apr 16, 2026
Major Estimate Revision • Jun 29Consensus revenue estimates decrease by 24%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €145.0m to €109.5m. EPS estimate unchanged from -€0.57 per share at last update. Software industry in Belgium expected to see average net income growth of 26% next year. Consensus price target up from €4.67 to €4.77. Share price rose 2.0% to €3.51 over the past week.
공시 • Jun 06PostNord Stralfors AB completed the acquisition of 21 Grams AB from Unifiedpost Group SA (ENXTBR:UPG).PostNord Stralfors AB signed an agreement to acquire 21 Grams AB from Unifiedpost Group SA (ENXTBR:UPG) for an enterprise value of SEK 200 million on July 5, 2024. The purchase price is subject to certain potential adjustments based on the financial position of 21 Grams at completion of the sale. The agreement also includes an exclusive partnership to distribute Banqup and B2B digital products to PostNord Strålfors’ customer network. For the period ending December 31, 2023, 21 Grams AB reported total revenue of €83.2 million. The transaction is subject to approval from the relevant competition authorities, FDI approval and certain additional relevant closing conditions. The transaction is expected to close in the second half of 2024. Ernst & Young Corporate Finance AB acted as financial advisor to PostNord Stralfors AB. As of May 30, 2025, Banqup Group has received approval from the Swedish Competition Authority for the divestment of 21 Grams. PostNord Stralfors AB completed the acquisition of 21 Grams AB from Unifiedpost Group SA (ENXTBR:UPG) on June 5, 2025.
Board Change • Jun 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Koen Hoffman was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Peter Mulroy was the last independent 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.
Reported Earnings • Apr 20Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: €1.40 loss per share (improved from €2.34 loss in FY 2023). Revenue: €83.6m (down 56% from FY 2023). Net loss: €51.2m (loss narrowed 39% from FY 2023). Revenue missed analyst estimates by 46%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
New Risk • Mar 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Belgian stocks, typically moving 5.5% 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€2.3m net loss in 3 years). Share price has been volatile over the past 3 months (5.5% average weekly change).
공시 • Mar 07Unifiedpost Group SA to Report Q3, 2025 Results on Nov 13, 2025Unifiedpost Group SA announced that they will report Q3, 2025 results on Nov 13, 2025
Major Estimate Revision • Mar 06Consensus revenue estimates decrease by 34%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €166.5m to €109.5m. EPS estimate unchanged from -€0.57 per share at last update. Software industry in Belgium expected to see average net income growth of 30% next year. Consensus price target of €4.67 unchanged from last update. Share price fell 6.1% to €3.26 over the past week.
Reported Earnings • Feb 27Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: €1.40 loss per share (improved from €2.34 loss in FY 2023). Revenue: €83.6m (down 56% from FY 2023). Net loss: €51.2m (loss narrowed 39% from FY 2023). Revenue missed analyst estimates by 46%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 33% per year.
분석 기사 • Feb 20Unifiedpost Group SA's (EBR:UPG) Business And Shares Still Trailing The IndustryYou may think that with a price-to-sales (or "P/S") ratio of 0.7x Unifiedpost Group SA ( EBR:UPG ) is a stock worth...
공시 • Dec 18Unifiedpost Group SA to Report First Half, 2025 Results on Aug 26, 2025Unifiedpost Group SA announced that they will report first half, 2025 results on Aug 26, 2025
분석 기사 • Nov 21Unifiedpost Group SA's (EBR:UPG) Price Is Right But Growth Is LackingYou may think that with a price-to-sales (or "P/S") ratio of 0.6x Unifiedpost Group SA ( EBR:UPG ) is a stock worth...
분석 기사 • Oct 07Some Unifiedpost Group SA (EBR:UPG) Analysts Just Made A Major Cut To Next Year's EstimatesThe latest analyst coverage could presage a bad day for Unifiedpost Group SA ( EBR:UPG ), with the analysts making...
Major Estimate Revision • Oct 04Consensus revenue estimates fall by 24%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €203.5m to €155.3m. Forecast losses increased from -€0.635 to -€0.73 per share. Software industry in Belgium expected to see average net income growth of 33% next year. Consensus price target of €4.67 unchanged from last update. Share price rose 3.9% to €3.48 over the past week.
Reported Earnings • Aug 30First half 2024 earnings released: €0.53 loss per share (vs €0.63 loss in 1H 2023)First half 2024 results: €0.53 loss per share (improved from €0.63 loss in 1H 2023). Revenue: €50.8m (flat on 1H 2023). Net loss: €19.1m (loss narrowed 16% from 1H 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Aug 27Price target increased by 18% to €5.25Up from €4.43, the current price target is an average from 2 analysts. New target price is 50% above last closing price of €3.49. Stock is down 2.8% over the past year. The company is forecast to post a net loss per share of €0.64 next year compared to a net loss per share of €2.34 last year.
공시 • Aug 27+ 1 more updateUnifiedpost Group SA to Report Fiscal Year 2024 Final Results on Apr 18, 2025Unifiedpost Group SA announced that they will report fiscal year 2024 final results on Apr 18, 2025
분석 기사 • Aug 10Unifiedpost Group SA's (EBR:UPG) Revenues Are Not Doing Enough For Some InvestorsYou may think that with a price-to-sales (or "P/S") ratio of 0.6x Unifiedpost Group SA ( EBR:UPG ) is a stock worth...
공시 • Jul 08Unifiedpost Group Sa Announces Resignation of Stefan Yee as Chairman of the Board of DirectorsUnifiedpost Group SA announced the strategic decision to enhance the Board composition. Stefan Yee, representing AS Partners BV, announces his resignation as Chairman of the Board of Directors of Unifiedpost Group. Stefan Yee, representing AS Partners BV, has voluntarily decided to step down as Chairman of the Board of Directors after serving nearly 10 years since 2014. He will continue in his role as resigning Chairman, until a replacement has been selected and approved. Stefan Yee made this decision solely in the interest of the company in order to facilitate the transition towards a new governance structure. Stefan confirms that, as before, he will continue to support the company as CEO of PE Group NV, one of the reference shareholders of Unifiedpost Group. The Board of Directors has formed a search committee, and engaged an executive search firm to conduct a comprehensive search for additional Board members to strengthen the Board and align it with evolving good corporate governance standards and its strategic goals as an international public company. An update on the search and selection of new Board members, as well as the appointment of the new Chairman, will be announced when the procedure is completed, which is expected before the end of Q3.
New Risk • May 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.6% 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€6.5m net loss in 3 years). Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (3.6% increase in shares outstanding).
Major Estimate Revision • May 05Consensus EPS estimates fall by 110%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €215.0m to €204.0m. Losses expected to increase from €0.31 per share to €0.65. Software industry in Belgium expected to see average net income growth of 31% next year. Consensus price target down from €4.65 to €4.40. Share price rose 2.6% to €3.91 over the past week.
공시 • Apr 30Unifiedpost Group Announces Board Resignations, Effective May 21, 2024Unifiedpost Group's Ordinary General Shareholders Meeting will be held on May 21, 2024, the board proposed the following resignations: Resignation of AS Partners BV, with enterprise number 0466.690.556, represented by its permanent representative, Stefan Yee, as director of the company, effective May 21, 2024. Resignation of First Performance AG, with enterprise number 0781484854, represented by its permanent representative, Michaël Kleindl, as director of the company, effective May 21, 2024.
Reported Earnings • Apr 22Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: €2.34 loss per share (further deteriorated from €1.26 loss in FY 2022). Revenue: €191.4m (flat on FY 2022). Net loss: €83.9m (loss widened 93% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 183%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings.
New Risk • Apr 19New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €84m Forecast net loss in 3 years: €18m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (€18m net loss in 3 years).
공시 • Apr 13Unifiedpost Group SA to Report Fiscal Year 2024 Results on Mar 13, 2025Unifiedpost Group SA announced that they will report fiscal year 2024 results on Mar 13, 2025
공시 • Mar 26Unifiedpost Group Announces Chief Financial Officer ChangesUnifiedpost Group announced leadership changes that position the company for continued growth and innovation. Mr. Koen De Brabander has been appointed as the new Chief Financial Officer (CFO), taking over from Mr. Laurent Marcelis, effective from 15 April 2024. Mr. De Brabander has extensive experience in financial management and strategic planning. He has been working for the Group from 2020 as operational finance director. Before joining Unifiedpost, Mr. De Brabander excelled in various senior financial roles at BDO, KBVB and as independent advisor, demonstrating a strong track record of leading teams and enhancing business growth.
Reported Earnings • Feb 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: €2.32 loss per share (further deteriorated from €1.26 loss in FY 2022). Revenue: €191.4m (flat on FY 2022). Net loss: €83.9m (loss widened 93% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 183%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.
New Risk • Feb 05New 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 Belgian stocks, typically moving 7.9% 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 Less than 1 year of cash runway based on free cash flow trend (-€22m free cash flow). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Shareholders have been diluted in the past year (3.7% increase in shares outstanding).
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. Independent Director Philippe De Backer was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
공시 • Jan 10+ 5 more updatesUnifiedpost Group SA to Report Q1, 2024 Results on May 20, 2024Unifiedpost Group SA announced that they will report Q1, 2024 results on May 20, 2024
New Risk • Jan 08New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€22m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€22m free cash flow). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (3.7% increase in shares outstanding).
Breakeven Date Change • Dec 31Forecast to breakeven in 2026The 2 analysts covering Unifiedpost Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €23.0m in 2026. Average annual earnings growth of 65% is required to achieve expected profit on schedule.
Reported Earnings • Aug 30First half 2023 earnings released: €0.67 loss per share (vs €0.61 loss in 1H 2022)First half 2023 results: €0.67 loss per share (further deteriorated from €0.61 loss in 1H 2022). Revenue: €93.2m (up 1.6% from 1H 2022). Net loss: €24.1m (loss widened 16% from 1H 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in Europe.
New Risk • Jul 12New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €44m Forecast net loss in 3 years: €1.4m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€1.4m net loss in 3 years). Shareholders have been diluted in the past year (3.7% increase in shares outstanding).
Breakeven Date Change • Jul 11No longer forecast to breakevenThe analyst covering Unifiedpost Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of €4.90m in 2025. New forecast suggests the company will make a loss of €1.40m in 2025.
Reported Earnings • Apr 18Full year 2022 earnings released: €1.26 loss per share (vs €0.80 loss in FY 2021)Full year 2022 results: €1.26 loss per share (further deteriorated from €0.80 loss in FY 2021). Revenue: €191.0m (up 12% from FY 2021). Net loss: €43.6m (loss widened 67% from FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Software industry in Europe.
Breakeven Date Change • Jan 01Forecast to breakeven in 2025The analyst covering Unifiedpost Group expects the company to break even for the first time. New forecast suggests the company will make a profit of €4.00m in 2025. Average annual earnings growth of 50% is required to achieve expected profit on schedule.
공시 • Dec 22+ 5 more updatesUnifiedpost Group SA to Report First Half, 2023 Results on Aug 29, 2023Unifiedpost Group SA announced that they will report first half, 2023 results on Aug 29, 2023
Price Target Changed • Nov 16Price target decreased to €24.00Down from €35.00, the current price target is provided by 1 analyst. New target price is 598% above last closing price of €3.44. Stock is down 81% over the past year. The company is forecast to post a net loss per share of €1.06 next year compared to a net loss per share of €0.80 last year.
Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Philippe De Backer was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 19First half 2022 earnings released: €0.61 loss per share (vs €0.35 loss in 1H 2021)First half 2022 results: €0.61 loss per share (further deteriorated from €0.35 loss in 1H 2021). Revenue: €91.7m (up 14% from 1H 2021). Net loss: €20.8m (loss widened 87% from 1H 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Europe.
Price Target Changed • Apr 27Price target decreased to €24.00Down from €35.00, the current price target is provided by 1 analyst. New target price is 305% above last closing price of €5.93. Stock is down 68% over the past year. The company is forecast to post a net loss per share of €1.06 next year compared to a net loss per share of €0.80 last year.
Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Philippe De Backer was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • Mar 15Forecast breakeven date pushed back to 2024The analyst covering Unifiedpost Group previously expected the company to break even in 2023. New forecast suggests the company will make a profit of €12.6m in 2024. Average annual earnings growth of 53% is required to achieve expected profit on schedule.
Price Target Changed • Mar 14Price target decreased to €24.00Down from €33.00, the current price target is provided by 1 analyst. New target price is 186% above last closing price of €8.40. Stock is down 56% over the past year. The company is forecast to post a net loss per share of €0.91 next year compared to a net loss per share of €1.72 last year.
Reported Earnings • Sep 23First half 2021 earnings released: €0.35 loss per share (vs €0.78 loss in 1H 2020)The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: €80.7m (up 141% from 1H 2020). Net loss: €11.1m (loss narrowed 34% from 1H 2020).
공시 • Mar 21UnifiedPost Group S.A. (ENXTBR:UPG) acquired Sistema Efactura S.L. from Tink AB.UnifiedPost Group S.A. (ENXTBR:UPG) acquired Sistema Efactura S.L. from Tink AB on March 18, 2021. The consideration is financed in cash. UnifiedPost Group S.A. (ENXTBR:UPG) completed the acquisition of Sistema Efactura S.L. from Tink AB on March 18, 2021.
Is New 90 Day High Low • Feb 26New 90-day low: €19.70The company is down 1.0% from its price of €19.88 on 27 November 2020. The Belgian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 8.0% over the same period.
분석 기사 • Feb 19What You Need To Know About UnifiedPost Group S.A.'s (EBR:UPG) Investor CompositionIf you want to know who really controls UnifiedPost Group S.A. ( EBR:UPG ), then you'll have to look at the makeup of...
공시 • Jan 09UnifiedPost Group S.A. (ENXTBR:UPG) completed the acquisition of BanqUP and AKTI NV.UnifiedPost Group S.A. (ENXTBR:UPG) agreed to acquire BanqUP and AKTI NV on December 23, 2020. UnifiedPost Group S.A. will finance the acquisition of BanqUP 50% through shares and 50% through cash and will finance the acquisition of AKTI NV 85% by shares and 15% by cash. The transaction is expected to close during January 2021. UnifiedPost Group S.A. (ENXTBR:UPG) completed the acquisition of BanqUP and AKTI NV on January 8, 2021. In the framework of each acquisition, a part of the purchase price is converted into loans granted by the sellers to the Company or into a deferred payment. For the acquisition of BanqUP, Akti and 21 Grams Holding UnifiedPost issued 0.35 million shares in consideration for the contribution in kind of the receivables resulting from the vendor loans and the receivables resulting from the deferred payment.
공시 • Dec 24+ 1 more updateUnifiedPost Group S.A. (ENXTBR:UPG) agreed to acquire BanqUP and AKTI NV.UnifiedPost Group S.A. (ENXTBR:UPG) agreed to acquire BanqUP and AKTI NV on December 23, 2020. UnifiedPost Group S.A. will finance the acquisition of BanqUP 50% through shares and 50% through cash and will finance the acquisition of AKTI NV 85% by shares and 15% by cash. The transaction is expected to close during January 2020.
Is New 90 Day High Low • Dec 24New 90-day high: €22.99The company is up 2.0% from its price of €22.58 on 24 September 2020. The Belgian market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 9.0% over the same period.
분석 기사 • Dec 23Estimating The Intrinsic Value Of UnifiedPost Group S.A. (EBR:UPG)Today we will run through one way of estimating the intrinsic value of UnifiedPost Group S.A. ( EBR:UPG ) by taking the...
공시 • Sep 26+ 1 more updateUnifiedPost Group S.A. has completed an IPO in the amount of €218.74996 million.UnifiedPost Group S.A. has completed an IPO in the amount of €218.74996 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,937,498 Price\Range: €20 Transaction Features: Direct Listing; Regulation S; Rule 144A; Sponsor Backed Offering
