View Financial HealthTelelink Business Services Group AD 배당 및 자사주 매입배당 기준 점검 0/6Telelink Business Services Group AD 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률0.04%자사주 매입 수익률총 주주 수익률0.04%미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트공시 • Feb 18Telelink Business Services Group AD (BUL:TBS) announces an Equity Buyback for 200,000 shares.Telelink Business Services Group AD (BUL:TBS) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares. The shares will be repurchased at a price falling in the price range from BGN 7.4 per share to BGN 15 per share. The program is valid until the end of the year. As of February 17, 2025, the company has 12,500,000 shares.공시 • Jun 21Telelink Business Services Group AD (BUL:TBS) announces an Equity Buyback for 25,000 shares.Telelink Business Services Group AD (BUL:TBS) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 shares. The shares will be repurchased at a price falling in the price range from BGN 7.4 per share to BGN 20 per share. The purpose of the program is to support the group's investment activities and provide shares as part of an incentive program for management and employees of the company and its subsidiaries. The program is valid until the end of the year. As of June 20, 2024, the company has 12,500,000 shares.Upcoming Dividend • Sep 27Upcoming dividend of лв0.81 per shareEligible shareholders must have bought the stock before 04 October 2022. Payment date: 11 October 2022. Trailing yield: 6.3%. Lower than top quartile of Bulgarian dividend payers (6.6%). Higher than average of industry peers (2.4%).공시 • Aug 20Telelink Business Services Group AD Proposes Distribution of A Semi-Annual DividendTelelink Business Services Group AD proposes Distribution of a semi-annual dividend to the total amount of BGN 10,125,000 (formed of BGN 2,429,535.15 from the 2021 profit and BGN 7,695,464.85 from the first half profit of 2022) in terms of BGN 0.81 gross dividend per share.공시 • Jun 19Telelink Business Services Group AD Approves Dividend for the Year 2021On 17 June 2022, the Managing Board of Telelink Business Services Group AD approved the annual financial statements and annual report of TelelinkBusiness Services AD for 2021 and resolved upon the distribution of a dividend from the subsidiairy's profit for 2021 in the amount of BGN 10,365,899.00.Upcoming Dividend • Sep 20Upcoming dividend of лв0.82 per shareEligible shareholders must have bought the stock before 27 September 2021. Payment date: 07 October 2021. Trailing yield: 5.1%. Lower than top quartile of Bulgarian dividend payers (5.2%). Higher than average of industry peers (1.4%).모든 업데이트 보기Recent updatesNew Risk • Jun 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bulgarian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (€60.8m market cap, or US$70.0m).분석 기사 • Jun 08Impressive Earnings May Not Tell The Whole Story For Telelink Business Services Group AD (BUL:TBS)Telelink Business Services Group AD's ( BUL:TBS ) robust earnings report didn't manage to move the market for its...Reported Earnings • Jun 06First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €25.1m (up 56% from 1Q 2025). Net income: €2.27m (up €3.94m from 1Q 2025). Profit margin: 9.1% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment deteriorates as stock falls 42%After last week's 42% share price decline to €6.00, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 20x in the IT industry in Europe. Total loss to shareholders of 48% over the past three years.분석 기사 • Jan 06Positive Sentiment Still Eludes Telelink Business Services Group AD (BUL:TBS) Following 49% Share Price SlumpThe Telelink Business Services Group AD ( BUL:TBS ) share price has fared very poorly over the last month, falling by a...New Risk • Dec 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 43% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 0.5% per year over the past 5 years. High level of non-cash earnings (43% accrual ratio). Minor Risk Market cap is less than US$100m (лв126.7m market cap, or US$75.5m).Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to лв10.30, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 19x in the IT industry in Europe. Total loss to shareholders of 10% over the past three years.분석 기사 • Sep 09We Think Telelink Business Services Group AD's (BUL:TBS) Solid Earnings Are UnderstatedThe market seemed underwhelmed by last week's earnings announcement from Telelink Business Services Group AD ( BUL:TBS...Reported Earnings • Sep 04Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: лв60.5m (up 92% from 2Q 2024). Net income: лв5.40m (up лв5.75m from 2Q 2024). Profit margin: 8.9% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.New Risk • Jun 18New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 6.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.2% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (лв113.8m market cap, or US$67.2m).공시 • May 20Telelink Business Services Group AD (BUL:TBS) reached an agreement on the substantial contractual terms and conditions to acquire 70% stake in Actual I.T., d.d. from DBA Group S.p.A. (BIT:DBA) and DBA d.o.o. for €15.8 million.Telelink Business Services Group AD (BUL:TBS) reached an agreement on the substantial contractual terms and conditions to acquire 70% stake in Actual I.T., d.d. from DBA Group S.p.A. (BIT:DBA) and DBA d.o.o. for €15.8 million on May 19, 2025. Telelink Business Services Group AD will acquire 33.56% or 0.68 million shares from DBA Group S.p.A. and 36.44% or 0.74 million shares from DBA d.o.o. Upon completion, DBA d.o.o. will retain the remaining 30% stake. The transaction also includes the call and put options to acquire the remaining 30% stake exercisable by either party following the third year after closing. All terms and conditions agreed between the parties shall become effective solely upon the signing of the Share Purchase Agreement and its formal notarization before a notary public in Slovenia. These formalities are expected to be completed by the end of May 2025. The completion of the transaction remains conditional upon the fulfilment of certain conditions precedent, including, inter alia, the receipt of the required approvals from the competent antitrust authorities and approval from the shareholders of Telelink Business Services Group AD. Provided that all such conditions precedent, as stipulated in the Share Purchase Agreement, are duly satisfied, the closing of the transaction is anticipated to occur by the end of 2025. The transaction has been approved the board of directors of DBA Group S.p.A.New Risk • May 12New 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 Bulgarian stocks, typically moving 7.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.1% average weekly change). Earnings have declined by 4.5% per year over the past 5 years. Minor Risk Market cap is less than US$100m (лв113.7m market cap, or US$65.4m).Reported Earnings • Mar 03Full year 2024 earnings released: EPS: лв0.94 (vs лв0.76 in FY 2023)Full year 2024 results: EPS: лв0.94 (up from лв0.76 in FY 2023). Revenue: лв224.8m (up 21% from FY 2023). Net income: лв11.7m (up 24% from FY 2023). Profit margin: 5.2% (up from 5.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.New Risk • Feb 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bulgarian stocks, typically moving 4.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (4.8% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (лв117.3m market cap, or US$62.8m).공시 • Feb 18Telelink Business Services Group AD (BUL:TBS) announces an Equity Buyback for 200,000 shares.Telelink Business Services Group AD (BUL:TBS) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares. The shares will be repurchased at a price falling in the price range from BGN 7.4 per share to BGN 15 per share. The program is valid until the end of the year. As of February 17, 2025, the company has 12,500,000 shares.분석 기사 • Jan 10Is Telelink Business Services Group AD (BUL:TBS) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Dec 07There May Be Some Bright Spots In Telelink Business Services Group AD's (BUL:TBS) EarningsSoft earnings didn't appear to concern Telelink Business Services Group AD's ( BUL:TBS ) shareholders over the last...Reported Earnings • Dec 02Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: лв50.2m (down 1.7% from 3Q 2023). Net income: лв2.73m (down 46% from 3Q 2023). Profit margin: 5.4% (down from 9.9% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 05Second quarter 2024 earnings released: лв0.021 loss per share (vs лв0.22 profit in 2Q 2023)Second quarter 2024 results: лв0.021 loss per share (down from лв0.22 profit in 2Q 2023). Net loss: лв264.0k (down 110% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.공시 • Jun 21Telelink Business Services Group AD (BUL:TBS) announces an Equity Buyback for 25,000 shares.Telelink Business Services Group AD (BUL:TBS) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 shares. The shares will be repurchased at a price falling in the price range from BGN 7.4 per share to BGN 20 per share. The purpose of the program is to support the group's investment activities and provide shares as part of an incentive program for management and employees of the company and its subsidiaries. The program is valid until the end of the year. As of June 20, 2024, the company has 12,500,000 shares.Reported Earnings • Jun 04First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: лв41.3m (up 53% from 1Q 2023). Net income: лв2.33m (up лв2.27m from 1Q 2023). Profit margin: 5.6% (up from 0.2% in 1Q 2023). The increase in margin was driven by higher revenue.Reported Earnings • Mar 03Full year 2023 earnings released: EPS: лв0.73 (vs лв0.88 in FY 2022)Full year 2023 results: EPS: лв0.73 (down from лв0.88 in FY 2022). Revenue: лв185.7m (up 20% from FY 2022). Net income: лв9.08m (down 17% from FY 2022). Profit margin: 4.9% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 16% per year.공시 • Feb 15Telelink Business Services Group AD (BUL:TBS) signed an agreement to acquire Sedam It D.O.O. for €9 million.Telelink Business Services Group AD (BUL:TBS) signed an agreement to acquire Sedam It D.O.O. for €9 million on February 13, 2024. The final purchase price will be paid in stages, based on the agreed company value and depending on its financial debt, cash and net working capital at the date of transfer of company shares, as well as its financial results for 2024 and 2025.공시 • Dec 19Telelink Business Services Group AD to Report Q3, 2023 Results on Dec 21, 2023Telelink Business Services Group AD announced that they will report Q3, 2023 results on Dec 21, 2023Reported Earnings • Dec 02Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: лв51.3m (up 45% from 3Q 2022). Net income: лв5.05m (up 77% from 3Q 2022). Profit margin: 9.8% (up from 8.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the IT industry in Europe.Reported Earnings • Aug 31Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: лв32.7m (down 19% from 2Q 2022). Net income: лв1.24m (down 67% from 2Q 2022). Profit margin: 3.8% (down from 9.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Jun 16Telelink Business Services Group AD to Report Q1, 2023 Results on Jun 20, 2023Telelink Business Services Group AD announced that they will report Q1, 2023 results on Jun 20, 2023Reported Earnings • Jun 02First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: лв27.1m (down 14% from 1Q 2022). Net income: лв55.0k (down 95% from 1Q 2022). Profit margin: 0.2% (down from 3.7% in 1Q 2022). The decrease in margin was driven by lower revenue.Reported Earnings • Mar 04Full year 2022 earnings released: EPS: лв0.88 (vs лв0.99 in FY 2021)Full year 2022 results: EPS: лв0.88 (down from лв0.99 in FY 2021). Revenue: лв155.4m (down 6.2% from FY 2021). Net income: лв11.0m (down 11% from FY 2021). Profit margin: 7.1% (down from 7.5% in FY 2021). The decrease in margin was driven by lower revenue.공시 • Feb 18+ 1 more updateTelelink Business Services Group AD to Report Fiscal Year 2022 Final Results on Apr 30, 2023Telelink Business Services Group AD announced that they will report fiscal year 2022 final results on Apr 30, 2023Reported Earnings • Dec 01Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: лв35.6m (down 1.3% from 3Q 2021). Net income: лв2.86m (up 30% from 3Q 2021). Profit margin: 8.0% (up from 6.1% in 3Q 2021). The increase in margin was driven by lower expenses.Upcoming Dividend • Sep 27Upcoming dividend of лв0.81 per shareEligible shareholders must have bought the stock before 04 October 2022. Payment date: 11 October 2022. Trailing yield: 6.3%. Lower than top quartile of Bulgarian dividend payers (6.6%). Higher than average of industry peers (2.4%).공시 • Aug 20Telelink Business Services Group AD Proposes Distribution of A Semi-Annual DividendTelelink Business Services Group AD proposes Distribution of a semi-annual dividend to the total amount of BGN 10,125,000 (formed of BGN 2,429,535.15 from the 2021 profit and BGN 7,695,464.85 from the first half profit of 2022) in terms of BGN 0.81 gross dividend per share.공시 • Jun 19Telelink Business Services Group AD Approves Dividend for the Year 2021On 17 June 2022, the Managing Board of Telelink Business Services Group AD approved the annual financial statements and annual report of TelelinkBusiness Services AD for 2021 and resolved upon the distribution of a dividend from the subsidiairy's profit for 2021 in the amount of BGN 10,365,899.00.Upcoming Dividend • Sep 20Upcoming dividend of лв0.82 per shareEligible shareholders must have bought the stock before 27 September 2021. Payment date: 07 October 2021. Trailing yield: 5.1%. Lower than top quartile of Bulgarian dividend payers (5.2%). Higher than average of industry peers (1.4%).Is New 90 Day High Low • Jan 15New 90-day high: лв12.50The company is up 14% from its price of лв11.00 on 15 October 2020. The Bulgarian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 7.0% over the same period.분석 기사 • Jan 09Is There More To The Story Than Telelink Business Services Group AD's (BUL:TBS) Earnings Growth?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Is New 90 Day High Low • Nov 05New 90-day high: лв11.60The company is up 46% from its price of лв7.95 on 07 August 2020. The Bulgarian 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 down 2.0% over the same period.Is New 90 Day High Low • Oct 10New 90-day high: лв11.30The company is up 48% from its price of лв7.65 on 10 July 2020. The Bulgarian market is up 1.0% 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.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 TBS 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: TBS 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Telelink Business Services Group AD 배당 수익률 vs 시장TBS의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (TBS)0%시장 하위 25% (BG)1.2%시장 상위 25% (BG)4.5%업계 평균 (IT)2.7%분석가 예측 (TBS) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 TBS 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 TBS 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: TBS BG 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: TBS 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YBG 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/09 18:48종가2026/07/06 00:00수익2026/03/31연간 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Telelink Business Services Group AD는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • Feb 18Telelink Business Services Group AD (BUL:TBS) announces an Equity Buyback for 200,000 shares.Telelink Business Services Group AD (BUL:TBS) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares. The shares will be repurchased at a price falling in the price range from BGN 7.4 per share to BGN 15 per share. The program is valid until the end of the year. As of February 17, 2025, the company has 12,500,000 shares.
공시 • Jun 21Telelink Business Services Group AD (BUL:TBS) announces an Equity Buyback for 25,000 shares.Telelink Business Services Group AD (BUL:TBS) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 shares. The shares will be repurchased at a price falling in the price range from BGN 7.4 per share to BGN 20 per share. The purpose of the program is to support the group's investment activities and provide shares as part of an incentive program for management and employees of the company and its subsidiaries. The program is valid until the end of the year. As of June 20, 2024, the company has 12,500,000 shares.
Upcoming Dividend • Sep 27Upcoming dividend of лв0.81 per shareEligible shareholders must have bought the stock before 04 October 2022. Payment date: 11 October 2022. Trailing yield: 6.3%. Lower than top quartile of Bulgarian dividend payers (6.6%). Higher than average of industry peers (2.4%).
공시 • Aug 20Telelink Business Services Group AD Proposes Distribution of A Semi-Annual DividendTelelink Business Services Group AD proposes Distribution of a semi-annual dividend to the total amount of BGN 10,125,000 (formed of BGN 2,429,535.15 from the 2021 profit and BGN 7,695,464.85 from the first half profit of 2022) in terms of BGN 0.81 gross dividend per share.
공시 • Jun 19Telelink Business Services Group AD Approves Dividend for the Year 2021On 17 June 2022, the Managing Board of Telelink Business Services Group AD approved the annual financial statements and annual report of TelelinkBusiness Services AD for 2021 and resolved upon the distribution of a dividend from the subsidiairy's profit for 2021 in the amount of BGN 10,365,899.00.
Upcoming Dividend • Sep 20Upcoming dividend of лв0.82 per shareEligible shareholders must have bought the stock before 27 September 2021. Payment date: 07 October 2021. Trailing yield: 5.1%. Lower than top quartile of Bulgarian dividend payers (5.2%). Higher than average of industry peers (1.4%).
New Risk • Jun 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bulgarian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (€60.8m market cap, or US$70.0m).
분석 기사 • Jun 08Impressive Earnings May Not Tell The Whole Story For Telelink Business Services Group AD (BUL:TBS)Telelink Business Services Group AD's ( BUL:TBS ) robust earnings report didn't manage to move the market for its...
Reported Earnings • Jun 06First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €25.1m (up 56% from 1Q 2025). Net income: €2.27m (up €3.94m from 1Q 2025). Profit margin: 9.1% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment deteriorates as stock falls 42%After last week's 42% share price decline to €6.00, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 20x in the IT industry in Europe. Total loss to shareholders of 48% over the past three years.
분석 기사 • Jan 06Positive Sentiment Still Eludes Telelink Business Services Group AD (BUL:TBS) Following 49% Share Price SlumpThe Telelink Business Services Group AD ( BUL:TBS ) share price has fared very poorly over the last month, falling by a...
New Risk • Dec 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 43% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 0.5% per year over the past 5 years. High level of non-cash earnings (43% accrual ratio). Minor Risk Market cap is less than US$100m (лв126.7m market cap, or US$75.5m).
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to лв10.30, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 19x in the IT industry in Europe. Total loss to shareholders of 10% over the past three years.
분석 기사 • Sep 09We Think Telelink Business Services Group AD's (BUL:TBS) Solid Earnings Are UnderstatedThe market seemed underwhelmed by last week's earnings announcement from Telelink Business Services Group AD ( BUL:TBS...
Reported Earnings • Sep 04Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: лв60.5m (up 92% from 2Q 2024). Net income: лв5.40m (up лв5.75m from 2Q 2024). Profit margin: 8.9% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
New Risk • Jun 18New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 6.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.2% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (лв113.8m market cap, or US$67.2m).
공시 • May 20Telelink Business Services Group AD (BUL:TBS) reached an agreement on the substantial contractual terms and conditions to acquire 70% stake in Actual I.T., d.d. from DBA Group S.p.A. (BIT:DBA) and DBA d.o.o. for €15.8 million.Telelink Business Services Group AD (BUL:TBS) reached an agreement on the substantial contractual terms and conditions to acquire 70% stake in Actual I.T., d.d. from DBA Group S.p.A. (BIT:DBA) and DBA d.o.o. for €15.8 million on May 19, 2025. Telelink Business Services Group AD will acquire 33.56% or 0.68 million shares from DBA Group S.p.A. and 36.44% or 0.74 million shares from DBA d.o.o. Upon completion, DBA d.o.o. will retain the remaining 30% stake. The transaction also includes the call and put options to acquire the remaining 30% stake exercisable by either party following the third year after closing. All terms and conditions agreed between the parties shall become effective solely upon the signing of the Share Purchase Agreement and its formal notarization before a notary public in Slovenia. These formalities are expected to be completed by the end of May 2025. The completion of the transaction remains conditional upon the fulfilment of certain conditions precedent, including, inter alia, the receipt of the required approvals from the competent antitrust authorities and approval from the shareholders of Telelink Business Services Group AD. Provided that all such conditions precedent, as stipulated in the Share Purchase Agreement, are duly satisfied, the closing of the transaction is anticipated to occur by the end of 2025. The transaction has been approved the board of directors of DBA Group S.p.A.
New Risk • May 12New 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 Bulgarian stocks, typically moving 7.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.1% average weekly change). Earnings have declined by 4.5% per year over the past 5 years. Minor Risk Market cap is less than US$100m (лв113.7m market cap, or US$65.4m).
Reported Earnings • Mar 03Full year 2024 earnings released: EPS: лв0.94 (vs лв0.76 in FY 2023)Full year 2024 results: EPS: лв0.94 (up from лв0.76 in FY 2023). Revenue: лв224.8m (up 21% from FY 2023). Net income: лв11.7m (up 24% from FY 2023). Profit margin: 5.2% (up from 5.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
New Risk • Feb 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bulgarian stocks, typically moving 4.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (4.8% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (лв117.3m market cap, or US$62.8m).
공시 • Feb 18Telelink Business Services Group AD (BUL:TBS) announces an Equity Buyback for 200,000 shares.Telelink Business Services Group AD (BUL:TBS) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares. The shares will be repurchased at a price falling in the price range from BGN 7.4 per share to BGN 15 per share. The program is valid until the end of the year. As of February 17, 2025, the company has 12,500,000 shares.
분석 기사 • Jan 10Is Telelink Business Services Group AD (BUL:TBS) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Dec 07There May Be Some Bright Spots In Telelink Business Services Group AD's (BUL:TBS) EarningsSoft earnings didn't appear to concern Telelink Business Services Group AD's ( BUL:TBS ) shareholders over the last...
Reported Earnings • Dec 02Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: лв50.2m (down 1.7% from 3Q 2023). Net income: лв2.73m (down 46% from 3Q 2023). Profit margin: 5.4% (down from 9.9% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 05Second quarter 2024 earnings released: лв0.021 loss per share (vs лв0.22 profit in 2Q 2023)Second quarter 2024 results: лв0.021 loss per share (down from лв0.22 profit in 2Q 2023). Net loss: лв264.0k (down 110% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
공시 • Jun 21Telelink Business Services Group AD (BUL:TBS) announces an Equity Buyback for 25,000 shares.Telelink Business Services Group AD (BUL:TBS) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 shares. The shares will be repurchased at a price falling in the price range from BGN 7.4 per share to BGN 20 per share. The purpose of the program is to support the group's investment activities and provide shares as part of an incentive program for management and employees of the company and its subsidiaries. The program is valid until the end of the year. As of June 20, 2024, the company has 12,500,000 shares.
Reported Earnings • Jun 04First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: лв41.3m (up 53% from 1Q 2023). Net income: лв2.33m (up лв2.27m from 1Q 2023). Profit margin: 5.6% (up from 0.2% in 1Q 2023). The increase in margin was driven by higher revenue.
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: лв0.73 (vs лв0.88 in FY 2022)Full year 2023 results: EPS: лв0.73 (down from лв0.88 in FY 2022). Revenue: лв185.7m (up 20% from FY 2022). Net income: лв9.08m (down 17% from FY 2022). Profit margin: 4.9% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 16% per year.
공시 • Feb 15Telelink Business Services Group AD (BUL:TBS) signed an agreement to acquire Sedam It D.O.O. for €9 million.Telelink Business Services Group AD (BUL:TBS) signed an agreement to acquire Sedam It D.O.O. for €9 million on February 13, 2024. The final purchase price will be paid in stages, based on the agreed company value and depending on its financial debt, cash and net working capital at the date of transfer of company shares, as well as its financial results for 2024 and 2025.
공시 • Dec 19Telelink Business Services Group AD to Report Q3, 2023 Results on Dec 21, 2023Telelink Business Services Group AD announced that they will report Q3, 2023 results on Dec 21, 2023
Reported Earnings • Dec 02Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: лв51.3m (up 45% from 3Q 2022). Net income: лв5.05m (up 77% from 3Q 2022). Profit margin: 9.8% (up from 8.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the IT industry in Europe.
Reported Earnings • Aug 31Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: лв32.7m (down 19% from 2Q 2022). Net income: лв1.24m (down 67% from 2Q 2022). Profit margin: 3.8% (down from 9.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Jun 16Telelink Business Services Group AD to Report Q1, 2023 Results on Jun 20, 2023Telelink Business Services Group AD announced that they will report Q1, 2023 results on Jun 20, 2023
Reported Earnings • Jun 02First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: лв27.1m (down 14% from 1Q 2022). Net income: лв55.0k (down 95% from 1Q 2022). Profit margin: 0.2% (down from 3.7% in 1Q 2022). The decrease in margin was driven by lower revenue.
Reported Earnings • Mar 04Full year 2022 earnings released: EPS: лв0.88 (vs лв0.99 in FY 2021)Full year 2022 results: EPS: лв0.88 (down from лв0.99 in FY 2021). Revenue: лв155.4m (down 6.2% from FY 2021). Net income: лв11.0m (down 11% from FY 2021). Profit margin: 7.1% (down from 7.5% in FY 2021). The decrease in margin was driven by lower revenue.
공시 • Feb 18+ 1 more updateTelelink Business Services Group AD to Report Fiscal Year 2022 Final Results on Apr 30, 2023Telelink Business Services Group AD announced that they will report fiscal year 2022 final results on Apr 30, 2023
Reported Earnings • Dec 01Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: лв35.6m (down 1.3% from 3Q 2021). Net income: лв2.86m (up 30% from 3Q 2021). Profit margin: 8.0% (up from 6.1% in 3Q 2021). The increase in margin was driven by lower expenses.
Upcoming Dividend • Sep 27Upcoming dividend of лв0.81 per shareEligible shareholders must have bought the stock before 04 October 2022. Payment date: 11 October 2022. Trailing yield: 6.3%. Lower than top quartile of Bulgarian dividend payers (6.6%). Higher than average of industry peers (2.4%).
공시 • Aug 20Telelink Business Services Group AD Proposes Distribution of A Semi-Annual DividendTelelink Business Services Group AD proposes Distribution of a semi-annual dividend to the total amount of BGN 10,125,000 (formed of BGN 2,429,535.15 from the 2021 profit and BGN 7,695,464.85 from the first half profit of 2022) in terms of BGN 0.81 gross dividend per share.
공시 • Jun 19Telelink Business Services Group AD Approves Dividend for the Year 2021On 17 June 2022, the Managing Board of Telelink Business Services Group AD approved the annual financial statements and annual report of TelelinkBusiness Services AD for 2021 and resolved upon the distribution of a dividend from the subsidiairy's profit for 2021 in the amount of BGN 10,365,899.00.
Upcoming Dividend • Sep 20Upcoming dividend of лв0.82 per shareEligible shareholders must have bought the stock before 27 September 2021. Payment date: 07 October 2021. Trailing yield: 5.1%. Lower than top quartile of Bulgarian dividend payers (5.2%). Higher than average of industry peers (1.4%).
Is New 90 Day High Low • Jan 15New 90-day high: лв12.50The company is up 14% from its price of лв11.00 on 15 October 2020. The Bulgarian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 7.0% over the same period.
분석 기사 • Jan 09Is There More To The Story Than Telelink Business Services Group AD's (BUL:TBS) Earnings Growth?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Is New 90 Day High Low • Nov 05New 90-day high: лв11.60The company is up 46% from its price of лв7.95 on 07 August 2020. The Bulgarian 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 down 2.0% over the same period.
Is New 90 Day High Low • Oct 10New 90-day high: лв11.30The company is up 48% from its price of лв7.65 on 10 July 2020. The Bulgarian market is up 1.0% 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.