Reported Earnings • May 31
First quarter 2026 earnings released: €0.076 loss per share (vs €0.061 loss in 1Q 2025) First quarter 2026 results: €0.076 loss per share (further deteriorated from €0.061 loss in 1Q 2025). Revenue: €17.1m (down 23% from 1Q 2025). Net loss: €4.55m (loss widened 23% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings. 공고 • May 15
Photon Energy N.V., Annual General Meeting, Jun 25, 2025 Photon Energy N.V., Annual General Meeting, Jun 25, 2025. New Risk • Sep 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €87.3m (US$96.3m) 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 21
Second quarter 2024 earnings released: €0.049 loss per share (vs €0.048 loss in 2Q 2023) Second quarter 2024 results: €0.049 loss per share. Revenue: €25.7m (up 23% from 2Q 2023). Net loss: €2.74m (loss narrowed 17% from 2Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electrical industry in Germany. New Risk • Jul 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€8.2m 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. This is currently the only risk that has been identified for the company. Reported Earnings • May 19
First quarter 2024 earnings released: €0.021 loss per share (vs €0.081 loss in 1Q 2023) First quarter 2024 results: €0.021 loss per share (improved from €0.081 loss in 1Q 2023). Revenue: €17.5m (down 9.3% from 1Q 2023). Net loss: €1.29m (loss narrowed 69% from 1Q 2023). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany. 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 13% per year, which means it is significantly lagging earnings. 공고 • May 05
Photon Energy N.V., Annual General Meeting, Jun 14, 2024 Photon Energy N.V., Annual General Meeting, Jun 14, 2024, at 10:30 Central European Standard Time. Location: Barbara Strozzilaan 201 Amsterdam Netherlands Agenda: To consider the annual report 2023 and approval of the annual financial statements and allocation of the result; to grant discharge to the members of the Management Board of the Company; to grant discharge to the members of the Supervisory Board of the Company; to appoint the members of the Management Board proposal to re-appoint Mr. Hotar and to appoint Mr. Forth to the Management Board; to approve he amendments to the Remuneration Policy; to appoint Price water house Coopers as auditor for the financial year 2024; to grant authorization to the Management Board to acquire shares in the share capital of the Company; and to consider and approve other matters of business. Reported Earnings • Nov 16
Third quarter 2023 earnings released Third quarter 2023 results: Net income: €5.28m (down 13% from 3Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electrical industry in Germany. Price Target Changed • Aug 30
Price target decreased by 14% to €3.80 Down from €4.40, the current price target is an average from 2 analysts. New target price is 74% above last closing price of €2.19. Stock is down 27% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.11 last year. Reported Earnings • Aug 17
Second quarter 2023 earnings released: €0.049 loss per share (vs €0.036 profit in 2Q 2022) Second quarter 2023 results: €0.049 loss per share (down from €0.036 profit in 2Q 2022). Revenue: €21.2m (down 9.0% from 2Q 2022). Net loss: €3.28m (down 261% from profit in 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Electrical industry in Germany. Price Target Changed • Jul 18
Price target decreased by 7.6% to €4.25 Down from €4.60, the current price target is provided by 1 analyst. New target price is 62% above last closing price of €2.63. Stock is up 5.4% over the past year. The company posted earnings per share of €0.11 last year. 공고 • May 12
Photon Energy N.V. Announces Departure of Andrej Horansky as Group Chief Financial Officer Photon Energy N.V. announced the departure of Andrej Horansky from his position as Group CFO. The Group’s CEO Georg Hotar will assume CFO responsibilities on an interim basis until a new Group CFO is appointed, with the recruitment process to be initiated soon. Georg Hotar previously held the CFO position from the Company’s formation in 2008 until 2011 and has been actively involved in the Group’s capital markets and project financing activities as well as financial strategy and investors’ relations since his appointment as CEO in 2011. Reported Earnings • Feb 18
Full year 2022 earnings released: EPS: €0.05 (vs €0.12 loss in FY 2021) Full year 2022 results: EPS: €0.05 (up from €0.12 loss in FY 2021). Revenue: €94.2m (up 159% from FY 2021). Net income: €2.83m (up €9.24m from FY 2021). Profit margin: 3.0% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany. Recent Insider Transactions • Dec 23
Co-Founder recently sold €592k worth of stock On the 15th of December, Georg Hotar sold around 224k shares on-market at roughly €2.64 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Georg's only on-market trade for the last 12 months. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: €0.11 (vs €0.026 loss in 3Q 2021) Third quarter 2022 results: EPS: €0.11 (up from €0.026 loss in 3Q 2021). Revenue: €35.4m (up 247% from 3Q 2021). Net income: €6.04m (up €7.48m from 3Q 2021). Profit margin: 17% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Electrical industry in Germany. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: €0.11 (vs €0.026 loss in 3Q 2021) Third quarter 2022 results: EPS: €0.11 (up from €0.026 loss in 3Q 2021). Revenue: €35.4m (up 247% from 3Q 2021). Net income: €6.04m (up €7.48m from 3Q 2021). Profit margin: 17% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electrical industry in Germany. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: €0.035 (vs €0.016 loss in 2Q 2021) Second quarter 2022 results: EPS: €0.035 (up from €0.016 loss in 2Q 2021). Revenue: €23.2m (up 136% from 2Q 2021). Net income: €2.04m (up €2.87m from 2Q 2021). Profit margin: 8.8% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 55%, compared to a 16% growth forecast for the industry in Germany. Reported Earnings • May 16
First quarter 2022 earnings released: €0.026 loss per share (vs €0.061 loss in 1Q 2021) First quarter 2022 results: €0.026 loss per share (up from €0.061 loss in 1Q 2021). Revenue: €9.14m (up 100% from 1Q 2021). Net loss: €1.46m (loss narrowed 53% from 1Q 2021). Over the next year, revenue is forecast to grow 66%, compared to a 11% growth forecast for the industry in Germany. Breakeven Date Change • Apr 27
Forecast to breakeven in 2022 The analyst covering Photon Energy expects the company to break even for the first time. New forecast suggests the company will make a profit of €5.30m in 2022. Earnings growth of 82% is required to achieve expected profit on schedule. Reported Earnings • Feb 12
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: €0.12 loss per share (up from €0.17 loss in FY 2020). Revenue: €36.4m (up 29% from FY 2020). Net loss: €6.28m (loss narrowed 27% from FY 2020). Revenue exceeded analyst estimates by 5.9%. Reported Earnings • Nov 11
Third quarter 2021 earnings released: €0.026 loss per share (vs €0.032 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: €10.2m (up 14% from 3Q 2020). Net loss: €1.44m (loss narrowed 12% from 3Q 2020). Reported Earnings • Aug 12
Second quarter 2021 earnings released: €0.016 loss per share (vs €0.019 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €9.86m (up 11% from 2Q 2020). Net loss: €833.0k (loss narrowed 12% from 2Q 2020). Reported Earnings • May 13
First quarter 2021 earnings released: €0.061 loss per share (vs €0.033 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: €4.57m (down 14% from 1Q 2020). Net loss: €3.13m (loss widened 86% from 1Q 2020).