Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Apr 16
Estrima S.p.A., Annual General Meeting, Apr 30, 2026 Estrima S.p.A., Annual General Meeting, Apr 30, 2026, at 16:00 W. Europe Standard Time. 공시 • Mar 13
Estrima S.p.A. announced that it expects to receive €3 million in funding Estrima S.p.A. announced private placement transaction for gross proceeds € 3,000,000 on March 11, 2025. Buy Or Sell Opportunity • Oct 15
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to €0.37. The fair value is estimated to be €0.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last year. Earnings per share has declined by 130%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 70% per annum over the same time period. Reported Earnings • Jul 01
Full year 2023 earnings released: €2.37 loss per share (vs €0.61 loss in FY 2022) Full year 2023 results: €2.37 loss per share (further deteriorated from €0.61 loss in FY 2022). Revenue: €44.2m (up 15% from FY 2022). Net loss: €11.9m (loss widened 285% from FY 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto industry in Germany. 공시 • Jun 16
Estrima S.p.A., Annual General Meeting, Jun 27, 2024 Estrima S.p.A., Annual General Meeting, Jun 27, 2024, at 17:00 W. Europe Standard Time. Location: via pordenone n 1, portogruaro Italy New Risk • May 29
New major risk - Revenue and earnings growth Earnings have declined by 53% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 53% per year over the past 5 years. Market cap is less than US$10m (€2.77m market cap, or US$3.01m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). New Risk • Apr 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (€2.57m market cap, or US$2.74m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€1.5m net loss in 2 years). New Risk • Apr 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% 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 (11% average weekly change). Market cap is less than US$10m (€3.17m market cap, or US$3.44m). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (€306k net loss in 3 years). Reported Earnings • Oct 06
First half 2023 earnings released: €0.51 loss per share (vs €0.24 loss in 1H 2022) First half 2023 results: €0.51 loss per share (further deteriorated from €0.24 loss in 1H 2022). Revenue: €23.4m (up 20% from 1H 2022). Net loss: €2.58m (loss widened 117% from 1H 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Auto industry in Germany. New Risk • Sep 29
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €4.5m Forecast net loss in 2 years: €16k 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 Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Market cap is less than US$10m (€4.54m market cap, or US$4.81m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (€16k net loss in 2 years). Board Change • Jul 26
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Director Filippo Resini was the last director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.