View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsAS Baltika 과거 순이익 실적과거 기준 점검 2/6AS Baltika은 연평균 31.1%의 비율로 수입이 증가해 온 반면, Luxury 산업은 수입이 23.7% 증가했습니다. 매출은 연평균 34.7%의 비율로 감소했습니다. AS Baltika의 자기자본이익률은 135.8%이고 순이익률은 43%입니다.핵심 정보31.07%순이익 성장률57.88%주당순이익(EPS) 성장률Luxury 산업 성장률7.70%매출 성장률-34.70%자기자본이익률135.83%순이익률42.96%다음 순이익 업데이트31 Aug 2023최근 과거 실적 업데이트Reported Earnings • Jun 02First quarter 2023 earnings released: €0.01 loss per share (vs €0.025 loss in 1Q 2022)First quarter 2023 results: €0.01 loss per share (improved from €0.025 loss in 1Q 2022). Revenue: €2.16m (up 4.1% from 1Q 2022). Net loss: €641.0k (loss narrowed 52% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공고 • Dec 24+ 2 more updatesAS Baltika to Report Fiscal Year 2022 Final Results on Apr 28, 2023AS Baltika announced that they will report fiscal year 2022 final results at 8:00 AM, E. Europe Standard Time on Apr 28, 2023공고 • Dec 23+ 1 more updateAS Baltika to Report Q1, 2023 Results on May 31, 2023AS Baltika announced that they will report Q1, 2023 results at 8:00 AM, E. Europe Standard Time on May 31, 2023Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: €0.12 (vs €0.007 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.12 (up from €0.007 loss in 3Q 2021). Revenue: €2.43m (down 36% from 3Q 2021). Net income: €6.61m (up €7.00m from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 19Second quarter 2022 earnings released: €0.02 loss per share (vs €0.001 profit in 2Q 2021)Second quarter 2022 results: €0.02 loss per share (down from €0.001 profit in 2Q 2021). Revenue: €2.31m (down 28% from 2Q 2021). Net loss: €1.00m (down €1.04m from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 21First quarter 2022 earnings released: €0.025 loss per share (vs €0.031 loss in 1Q 2021)First quarter 2022 results: €0.025 loss per share (up from €0.031 loss in 1Q 2021). Revenue: €2.08m (down 2.7% from 1Q 2021). Net loss: €1.35m (loss narrowed 19% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updates공고 • Jul 08AS Baltika to Delist from Stock ExchangeInvestors´ interest in connection with AS Baltika's merger and their plan to delist has been significant. Neither AS Baltika nor its main shareholder has considered it necessary to disclose additional information as a market announcement, which would help AS Baltika´s minority shareholders to form an opinion. AS Nasdaq Tallinn, as the organizer of the Regulated Market, plays an important role in ensuring a transparent trading environment as well as better investor communication. Therefore, Nasdaq Tallinn Stock Exchange considers it necessary to clarify the already disclosed information and to disclose the additional information provided by AS Baltika to Nasdaq Tallinn Stock Exchange, which may help the shareholders of AS Baltika to form their opinion, including preparing for the extraordinary general meeting of AS Baltika, to be held on July 27th, 2023, the agenda of which includes the approval of the merger agreements signed between AS Baltika and KJK BLTK Holding OÜ on June 26th, 2023, the takeover of the shares of minority shareholders and the process of delisting of AS Baltika shares.New Risk • Jun 29New 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 German stocks, typically moving 20% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (20% average weekly change). High level of non-cash earnings (93% accrual ratio). Market cap is less than US$10m (€4.76m market cap, or US$5.19m).Reported Earnings • Jun 02First quarter 2023 earnings released: €0.01 loss per share (vs €0.025 loss in 1Q 2022)First quarter 2023 results: €0.01 loss per share (improved from €0.025 loss in 1Q 2022). Revenue: €2.16m (up 4.1% from 1Q 2022). Net loss: €641.0k (loss narrowed 52% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공고 • Dec 24+ 2 more updatesAS Baltika to Report Fiscal Year 2022 Final Results on Apr 28, 2023AS Baltika announced that they will report fiscal year 2022 final results at 8:00 AM, E. Europe Standard Time on Apr 28, 2023공고 • Dec 23+ 1 more updateAS Baltika to Report Q1, 2023 Results on May 31, 2023AS Baltika announced that they will report Q1, 2023 results at 8:00 AM, E. Europe Standard Time on May 31, 2023Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: €0.12 (vs €0.007 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.12 (up from €0.007 loss in 3Q 2021). Revenue: €2.43m (down 36% from 3Q 2021). Net income: €6.61m (up €7.00m from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 19Second quarter 2022 earnings released: €0.02 loss per share (vs €0.001 profit in 2Q 2021)Second quarter 2022 results: €0.02 loss per share (down from €0.001 profit in 2Q 2021). Revenue: €2.31m (down 28% from 2Q 2021). Net loss: €1.00m (down €1.04m from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Buying Opportunity • May 26Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 48% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • May 09Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.7%. The fair value is estimated to be €0.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 48% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Apr 21First quarter 2022 earnings released: €0.025 loss per share (vs €0.031 loss in 1Q 2021)First quarter 2022 results: €0.025 loss per share (up from €0.031 loss in 1Q 2021). Revenue: €2.08m (down 2.7% from 1Q 2021). Net loss: €1.35m (loss narrowed 19% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 01Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: €0.05 loss per share (down from €0.007 loss in FY 2020). Revenue: €11.8m (down 40% from FY 2020). Net loss: €2.90m (loss widened €2.52m from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 20Third quarter 2021 earnings released: €0.01 loss per share (vs €0.01 loss in 3Q 2020)The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: €3.82m (down 33% from 3Q 2020). Net loss: €392.0k (loss narrowed 24% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 18Second quarter 2021 earnings released: EPS €0.001 (vs €0.073 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €3.21m (down 14% from 2Q 2020). Net income: €37.0k (down 99% from 2Q 2020). Profit margin: 1.2% (down from 107% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.Executive Departure • Jun 10Member of Management Board & Group CFO Triinu Tarkin has left the companyDuring their tenure, the company went from making losses to turning a profit. On the 4th of June, Triinu Tarkin left the company after less than a year in the role. We don't have any record of a personal shareholding under Triinu's name. Triinu is the only executive to leave the company over the last 12 months.Reported Earnings • Apr 21First quarter 2021 earnings released: €0.031 loss per share (vs €0.048 loss in 1Q 2020)The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: €2.13m (down 65% from 1Q 2020). Net loss: €1.66m (loss narrowed 36% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 28Full year 2020 earnings released: €0.007 loss per share (vs €0.16 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: €19.7m (down 50% from FY 2019). Net loss: €377.0k (loss narrowed 94% from FY 2019). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.매출 및 비용 세부 내역AS Baltika가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이BST:DN31 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 231048031 Dec 221039030 Sep 22938030 Jun 2211-49031 Mar 2212-29031 Dec 2112-39030 Sep 2113-313030 Jun 2115-311031 Mar 2116112031 Dec 2020015030 Sep 2026-214030 Jun 2030-219031 Mar 2037-722031 Dec 1940-622030 Sep 1942-725030 Jun 1943-626031 Mar 1944-626031 Dec 1845-526030 Sep 1845-123030 Jun 1846023031 Mar 1847023031 Dec 1747023030 Sep 1747023030 Jun 1747023031 Mar 1747023031 Dec 1647023030 Sep 1648023030 Jun 1648023031 Mar 1648-124031 Dec 1549-124030 Sep 1543-120030 Jun 1546021031 Mar 1547022031 Dec 1448023030 Sep 1455027030 Jun 1453027031 Mar 1452027031 Dec 1352027030 Sep 1353127030 Jun 1355128031 Mar 1355128031 Dec 1256129030 Sep 1256-2290양질의 수익: DN31의 비현금 수익 수준이 높습니다.이익 마진 증가: DN31는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: DN31는 지난 5년 동안 흑자전환하며 연평균 31.1%의 수익 성장을 기록했습니다.성장 가속화: DN31는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: DN31는 지난해 흑자전환하여 지난 해 수익 성장률을 Luxury 업계(20%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: DN31의 자본 수익률(135.83%)은 뛰어남이지만 높은 부채 수준으로 인해 왜곡되어 있습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-durables 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/08/19 08:38종가2023/08/16 00:00수익2023/03/31연간 수익2022/12/31데이터 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 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 소스AS Baltika는 1명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Anders WiklundEvli Bank plc
Reported Earnings • Jun 02First quarter 2023 earnings released: €0.01 loss per share (vs €0.025 loss in 1Q 2022)First quarter 2023 results: €0.01 loss per share (improved from €0.025 loss in 1Q 2022). Revenue: €2.16m (up 4.1% from 1Q 2022). Net loss: €641.0k (loss narrowed 52% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공고 • Dec 24+ 2 more updatesAS Baltika to Report Fiscal Year 2022 Final Results on Apr 28, 2023AS Baltika announced that they will report fiscal year 2022 final results at 8:00 AM, E. Europe Standard Time on Apr 28, 2023
공고 • Dec 23+ 1 more updateAS Baltika to Report Q1, 2023 Results on May 31, 2023AS Baltika announced that they will report Q1, 2023 results at 8:00 AM, E. Europe Standard Time on May 31, 2023
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: €0.12 (vs €0.007 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.12 (up from €0.007 loss in 3Q 2021). Revenue: €2.43m (down 36% from 3Q 2021). Net income: €6.61m (up €7.00m from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 19Second quarter 2022 earnings released: €0.02 loss per share (vs €0.001 profit in 2Q 2021)Second quarter 2022 results: €0.02 loss per share (down from €0.001 profit in 2Q 2021). Revenue: €2.31m (down 28% from 2Q 2021). Net loss: €1.00m (down €1.04m from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 21First quarter 2022 earnings released: €0.025 loss per share (vs €0.031 loss in 1Q 2021)First quarter 2022 results: €0.025 loss per share (up from €0.031 loss in 1Q 2021). Revenue: €2.08m (down 2.7% from 1Q 2021). Net loss: €1.35m (loss narrowed 19% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.
공고 • Jul 08AS Baltika to Delist from Stock ExchangeInvestors´ interest in connection with AS Baltika's merger and their plan to delist has been significant. Neither AS Baltika nor its main shareholder has considered it necessary to disclose additional information as a market announcement, which would help AS Baltika´s minority shareholders to form an opinion. AS Nasdaq Tallinn, as the organizer of the Regulated Market, plays an important role in ensuring a transparent trading environment as well as better investor communication. Therefore, Nasdaq Tallinn Stock Exchange considers it necessary to clarify the already disclosed information and to disclose the additional information provided by AS Baltika to Nasdaq Tallinn Stock Exchange, which may help the shareholders of AS Baltika to form their opinion, including preparing for the extraordinary general meeting of AS Baltika, to be held on July 27th, 2023, the agenda of which includes the approval of the merger agreements signed between AS Baltika and KJK BLTK Holding OÜ on June 26th, 2023, the takeover of the shares of minority shareholders and the process of delisting of AS Baltika shares.
New Risk • Jun 29New 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 German stocks, typically moving 20% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (20% average weekly change). High level of non-cash earnings (93% accrual ratio). Market cap is less than US$10m (€4.76m market cap, or US$5.19m).
Reported Earnings • Jun 02First quarter 2023 earnings released: €0.01 loss per share (vs €0.025 loss in 1Q 2022)First quarter 2023 results: €0.01 loss per share (improved from €0.025 loss in 1Q 2022). Revenue: €2.16m (up 4.1% from 1Q 2022). Net loss: €641.0k (loss narrowed 52% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공고 • Dec 24+ 2 more updatesAS Baltika to Report Fiscal Year 2022 Final Results on Apr 28, 2023AS Baltika announced that they will report fiscal year 2022 final results at 8:00 AM, E. Europe Standard Time on Apr 28, 2023
공고 • Dec 23+ 1 more updateAS Baltika to Report Q1, 2023 Results on May 31, 2023AS Baltika announced that they will report Q1, 2023 results at 8:00 AM, E. Europe Standard Time on May 31, 2023
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: €0.12 (vs €0.007 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.12 (up from €0.007 loss in 3Q 2021). Revenue: €2.43m (down 36% from 3Q 2021). Net income: €6.61m (up €7.00m from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 19Second quarter 2022 earnings released: €0.02 loss per share (vs €0.001 profit in 2Q 2021)Second quarter 2022 results: €0.02 loss per share (down from €0.001 profit in 2Q 2021). Revenue: €2.31m (down 28% from 2Q 2021). Net loss: €1.00m (down €1.04m from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Buying Opportunity • May 26Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 48% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • May 09Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.7%. The fair value is estimated to be €0.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 48% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Apr 21First quarter 2022 earnings released: €0.025 loss per share (vs €0.031 loss in 1Q 2021)First quarter 2022 results: €0.025 loss per share (up from €0.031 loss in 1Q 2021). Revenue: €2.08m (down 2.7% from 1Q 2021). Net loss: €1.35m (loss narrowed 19% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 01Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: €0.05 loss per share (down from €0.007 loss in FY 2020). Revenue: €11.8m (down 40% from FY 2020). Net loss: €2.90m (loss widened €2.52m from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 20Third quarter 2021 earnings released: €0.01 loss per share (vs €0.01 loss in 3Q 2020)The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: €3.82m (down 33% from 3Q 2020). Net loss: €392.0k (loss narrowed 24% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 18Second quarter 2021 earnings released: EPS €0.001 (vs €0.073 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €3.21m (down 14% from 2Q 2020). Net income: €37.0k (down 99% from 2Q 2020). Profit margin: 1.2% (down from 107% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.
Executive Departure • Jun 10Member of Management Board & Group CFO Triinu Tarkin has left the companyDuring their tenure, the company went from making losses to turning a profit. On the 4th of June, Triinu Tarkin left the company after less than a year in the role. We don't have any record of a personal shareholding under Triinu's name. Triinu is the only executive to leave the company over the last 12 months.
Reported Earnings • Apr 21First quarter 2021 earnings released: €0.031 loss per share (vs €0.048 loss in 1Q 2020)The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: €2.13m (down 65% from 1Q 2020). Net loss: €1.66m (loss narrowed 36% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 28Full year 2020 earnings released: €0.007 loss per share (vs €0.16 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: €19.7m (down 50% from FY 2019). Net loss: €377.0k (loss narrowed 94% from FY 2019). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.