View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsBialetti Industrie 과거 순이익 실적과거 기준 점검 0/6Bialetti Industrie 의 수입은 연평균 -6.1%의 비율로 감소해 온 반면, Consumer Durables 산업은 연평균 4.4%의 비율로 감소했습니다. 매출은 연평균 1.9%의 비율로 증가해 왔습니다.핵심 정보-6.14%순이익 성장률20.59%주당순이익(EPS) 성장률Consumer Durables 산업 성장률-22.91%매출 성장률1.94%자기자본이익률n/a순이익률-0.65%최근 순이익 업데이트31 Dec 2024최근 과거 실적 업데이트Reported Earnings • Aug 14First half 2024 earnings released: €0.025 loss per share (vs €0.026 loss in 1H 2023)First half 2024 results: €0.025 loss per share (improved from €0.026 loss in 1H 2023). Revenue: €67.3m (up 6.0% from 1H 2023). Net loss: €3.85m (loss narrowed 5.7% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 21Full year 2023 earnings releasedFull year 2023 results: Revenue: €143.6m (down 6.5% from FY 2022). Net loss: €5.26m (loss widened 31% from FY 2022).모든 업데이트 보기Recent updates공시 • Jun 21N.U.O. Capital S.A. completed the acquisition of 19.57% stake in Bialetti Industrie S.p.A (BIT:BIA) from Sculptor Capital Management, Inc.N.U.O. Capital S.A. reached an agreement to acquire 19.57% stake in Bialetti Industrie S.p.A (BIT:BIA) from Sculptor Capital Management, Inc. for €5.7 million on April 16, 2025. A cash consideration of €5.7 million will be paid by N.U.O. Capital S.A. In related transaction N.U.O. Capital S.A. agreed to acquire 59.002% stake in Bialetti Industrie S.p.A from Bialetti Investimenti SPA. The plan provides for a multi-faceted refinancing of €30 million in junior financing from Illimity Bank Spa and AMCO Spa, €45 million in senior financing from a pool led by Banco BPM Spa, with BPER Banca Spa and Banca Ifis Spa, and equity contributions of at least €49.5 million from NUO Octagon. In addition, NUO obtained commitment letters totaling €71 million. Closing is expected to occur by June, subject to specific conditions, including financing and regulatory approvals. Luigi Vaccaro, Mario Pelli Cattaneo, Riccardo Tedeschini , Elena Secondari, Adalberto Bruno Rurale, Giulia Battaglia, Matteo Botti, Lisa Marangon, Manfredi Vianini Tolomei, Emiliano De Luise, Gaia Maivè Beffi, Valentina Soldovilla, Fiona Gaia Gittardi, Giulio Napolitano and Luca Masotto of Chiomenti acted as legal advisor, Gitti And Partners Studio Legale Associato as tax advisor, Ernst & Young Italia as financial, legal and labor due diligence provider and Vitale&Co as debt advisor to N.U.O. Capital aspects and Vitale&Co as debt advisor. Ugo Orsini and Ettore Consalvi of Linklaters LLP (USA) acted as legal advisor N.U.O. Capital S.A. completed the acquisition of 19.57% stake in Bialetti Industrie S.p.A (BIT:BIA) from Sculptor Capital Management, Inc. on June 20, 2025. Sculptor and Moka Bean were assisted by Linklaters as legal advisor. Lazard S.r.l. acted as financial advisor to Bialetti Industrie S.p.A. Cosimo Paszkowski, Giovanni Nicchiniello and Francesco Cesaroni of Orsingher Ortu Avvocati Associati and Linda Morellini and Paolo Barbanti Silva of Giovanardi Studio Legale acted as legal advisor to Bialetti Industrie S.p.A.공시 • Apr 18N.U.O. Capital will launch mandatory takeover to acquire remaining 21.43% stake in Bialetti Industrie S.p.A (BIT:BIA) for €15.5 million.N.U.O. Capital will launch mandatory takeover to acquire remaining 21.43% stake in Bialetti Industrie S.p.A (BIT:BIA) for €15.5 million on April 16, 2025. A cash consideration will be paid by N.U.O. Capital. As part of consideration, €0.467 per share is paid towards common equity of Bialetti Industrie S.p.A. In related transaction, N.U.O. Capital S.A. signed two contracts to acquire a 59.002% from Bialetti Investimenti and Bialetti Holding for €47.3 million and a 19.57% stake in Bialetti Industrie S.p.A (BIT:BIA) from Sculptor Capital Management, Inc. for €5.7 million. The plan provides for a multi-faceted refinancing of €30 million in junior financing from Illimity Bank Spa and AMCO Spa, €45 million in senior financing from a pool led by Banco BPM Spa, with BPER Banca Spa and Banca Ifis Spa, and equity contributions of at least €49.5 million from NUO Octagon. In addition, NUO obtained commitment letters totaling €71 million. The transaction is subject to de-listing of company stock. NUO aims to delist Bialetti from Euronext Milan and relaunch its development on international markets, focusing on innovation and identity of Made inItaly. Bonelli Erede Pappalardo Studio Legale acted as legal advisor for Bialetti Industrie S.p.A. Chiomenti Studio Legale acted as legal advisor for N.U.O. Capital. Gitti And Partners Studio Legale Associato acted as accountant for N.U.O. Capital. Ernst & Young Italia acted as due diligence provider for N.U.O. Capital. Lazard S.r.l. acted as financial advisor for Bialetti Industrie S.p.A. As part of the financing, Illimity and AMCO were assisted, respectively, by Orsingher Ortu Avvocati Associati and Giovanardi Studio Legale.공시 • Apr 17N.U.O. Capital signed an agreement to acquire 59% stake in Bialetti Industrie S.p.A (BIT:BIA) from Bialetti Investimenti SPA and Bialetti Holding srl for €47.3 million.N.U.O. Capital signed an agreement to acquire 59% stake in Bialetti Industrie S.p.A (BIT:BIA) from Bialetti Investimenti SPA and Bialetti Holding srl for €47.3 million on April 16, 2025. In a separate transaction, N.U.O. Capital signed an agreement to acquire 19.57% stake in Bialetti Industrie S.p.A (BIT:BIA) from Sculptor Capital Management, Inc. for €5.7 million and N.U.O. Capital will launch mandatory takeover to acquire remaining 21.43% stake in Bialetti Industrie S.p.A (BIT:BIA) for €15.5 million. Upon completion, NUO aims to delist Bialetti from Euronext Milan and relaunch its development on international markets, focusing on innovation and identity of Made in Italy. Egidio Cozzi, current CEO of Bialetti, will also remain in office in the new post-closing phase. The transaction will be financed through a vendor loan of €18 million. The plan provides for a multi-faceted refinancing: €30 million in junior financing from Illimity Bank Spa and AMCO Spa, €45 million in senior financing from a pool led by Banco BPM Spa, with BPER Banca Spa and Banca Ifis Spa, and equity contributions of at least €49.5 million from NUO Octagon. In addition, NUO obtained commitment letters totaling €71 million. The transactions are subject to to the occurrence of specific conditions, including financing and regulatory authorizations and is expected to close in June 2025. Chiomenti Studio Legale acted as legal advisor to N.U.O. Capital. Gitti And Partners Studio Legale Associato acted as accountant to N.U.O. Capital. Ernst & Young Italia acted as financial, legal and labor law due diligence advisor to N.U.O. Capital. Vitale&Co acted as debt advisor to N.U.O. Capital. Zulli Tabanelli & Associati acted as financial advisor to Bialetti Investimenti SPA and Bialetti Holding srl. Lazard S.r.l. acted as financial advisor to Bialetti Industrie S.p.A. Bonelli Erede Pappalardo Studio Legale acted as legal advisor to Bialetti Industrie S.p.A. Orsingher Ortu Avvocati Associati acted as legal advisor to Illimity Bank Spa and Giovanardi Studio Legale acted as legal advisor to AMCO Spa.Reported Earnings • Aug 14First half 2024 earnings released: €0.025 loss per share (vs €0.026 loss in 1H 2023)First half 2024 results: €0.025 loss per share (improved from €0.026 loss in 1H 2023). Revenue: €67.3m (up 6.0% from 1H 2023). Net loss: €3.85m (loss narrowed 5.7% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.New Risk • Aug 11New major risk - Revenue and earnings growthEarnings have declined by 3.3% 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 Negative equity (-€24m). Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (€31.2m market cap, or US$34.1m).Reported Earnings • Apr 21Full year 2023 earnings releasedFull year 2023 results: Revenue: €143.6m (down 6.5% from FY 2022). Net loss: €5.26m (loss widened 31% from FY 2022).New Risk • Apr 08New minor risk - Financial data availabilityThe 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 Risk Negative equity (-€21m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€36.5m market cap, or US$39.5m).New Risk • Oct 16New 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 8.5% 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 Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Negative equity (-€21m). Minor Risk Market cap is less than US$100m (€43.3m market cap, or US$45.7m).Buying Opportunity • Oct 16Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 6.8%. The fair value is estimated to be €0.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Meanwhile, the company became loss making.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Amelia Mazzucchi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Chairman Francesco Ranzoni is the most experienced director on the board, commencing their role in 2002. Independent Director Amelia Mazzucchi was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • Oct 09Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Amelia Mazzucchi was the last independent 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: Minority of independent directors. Lack of board continuity.Is New 90 Day High Low • Feb 20New 90-day high: €0.21The company is up 149% from its price of €0.086 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 24% over the same period.매출 및 비용 세부 내역Bialetti Industrie가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:32B 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Dec 24150-133030 Sep 24147-335030 Jun 24145-537031 Mar 24143-537031 Dec 23142-537030 Sep 23139-637030 Jun 23137-636031 Mar 23135-635031 Dec 22134-635030 Sep 22138037030 Jun 22143638031 Mar 22145639031 Dec 21148639030 Sep 21144037030 Jun 21140-536031 Mar 21133-834031 Dec 20126-1032030 Sep 20127-1334030 Jun 20128-1536031 Mar 20134038031 Dec 191411641030 Sep 19136249030 Jun 19128-1157031 Mar 19129-3063031 Dec 18131-4968030 Sep 18143-3465030 Jun 18159-1962031 Mar 18164-1261031 Dec 17169-560030 Sep 17173-258030 Jun 17177255031 Mar 17180254031 Dec 16182352030 Sep 16190662030 Jun 16176448031 Mar 16176150031 Dec 15174445030 Sep 15173341030 Jun 15172542031 Mar 15166640031 Dec 14164439030 Sep 141602360양질의 수익: 32B 은(는) 현재 수익성이 없습니다.이익 마진 증가: 32B는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 32B은 수익성이 없으며 지난 5년 동안 손실이 연평균 6.1% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 32B의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 32B은 수익성이 없어 지난 해 수익 성장률을 Consumer Durables 업계(10.1%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 32B의 부채가 자산을 초과하여 자본 수익률을 계산하기 어렵습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-durables 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/08/08 13:19종가2025/08/04 00:00수익2024/12/31연간 수익2024/12/31데이터 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 소스Bialetti Industrie S.p.A는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Aug 14First half 2024 earnings released: €0.025 loss per share (vs €0.026 loss in 1H 2023)First half 2024 results: €0.025 loss per share (improved from €0.026 loss in 1H 2023). Revenue: €67.3m (up 6.0% from 1H 2023). Net loss: €3.85m (loss narrowed 5.7% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 21Full year 2023 earnings releasedFull year 2023 results: Revenue: €143.6m (down 6.5% from FY 2022). Net loss: €5.26m (loss widened 31% from FY 2022).
공시 • Jun 21N.U.O. Capital S.A. completed the acquisition of 19.57% stake in Bialetti Industrie S.p.A (BIT:BIA) from Sculptor Capital Management, Inc.N.U.O. Capital S.A. reached an agreement to acquire 19.57% stake in Bialetti Industrie S.p.A (BIT:BIA) from Sculptor Capital Management, Inc. for €5.7 million on April 16, 2025. A cash consideration of €5.7 million will be paid by N.U.O. Capital S.A. In related transaction N.U.O. Capital S.A. agreed to acquire 59.002% stake in Bialetti Industrie S.p.A from Bialetti Investimenti SPA. The plan provides for a multi-faceted refinancing of €30 million in junior financing from Illimity Bank Spa and AMCO Spa, €45 million in senior financing from a pool led by Banco BPM Spa, with BPER Banca Spa and Banca Ifis Spa, and equity contributions of at least €49.5 million from NUO Octagon. In addition, NUO obtained commitment letters totaling €71 million. Closing is expected to occur by June, subject to specific conditions, including financing and regulatory approvals. Luigi Vaccaro, Mario Pelli Cattaneo, Riccardo Tedeschini , Elena Secondari, Adalberto Bruno Rurale, Giulia Battaglia, Matteo Botti, Lisa Marangon, Manfredi Vianini Tolomei, Emiliano De Luise, Gaia Maivè Beffi, Valentina Soldovilla, Fiona Gaia Gittardi, Giulio Napolitano and Luca Masotto of Chiomenti acted as legal advisor, Gitti And Partners Studio Legale Associato as tax advisor, Ernst & Young Italia as financial, legal and labor due diligence provider and Vitale&Co as debt advisor to N.U.O. Capital aspects and Vitale&Co as debt advisor. Ugo Orsini and Ettore Consalvi of Linklaters LLP (USA) acted as legal advisor N.U.O. Capital S.A. completed the acquisition of 19.57% stake in Bialetti Industrie S.p.A (BIT:BIA) from Sculptor Capital Management, Inc. on June 20, 2025. Sculptor and Moka Bean were assisted by Linklaters as legal advisor. Lazard S.r.l. acted as financial advisor to Bialetti Industrie S.p.A. Cosimo Paszkowski, Giovanni Nicchiniello and Francesco Cesaroni of Orsingher Ortu Avvocati Associati and Linda Morellini and Paolo Barbanti Silva of Giovanardi Studio Legale acted as legal advisor to Bialetti Industrie S.p.A.
공시 • Apr 18N.U.O. Capital will launch mandatory takeover to acquire remaining 21.43% stake in Bialetti Industrie S.p.A (BIT:BIA) for €15.5 million.N.U.O. Capital will launch mandatory takeover to acquire remaining 21.43% stake in Bialetti Industrie S.p.A (BIT:BIA) for €15.5 million on April 16, 2025. A cash consideration will be paid by N.U.O. Capital. As part of consideration, €0.467 per share is paid towards common equity of Bialetti Industrie S.p.A. In related transaction, N.U.O. Capital S.A. signed two contracts to acquire a 59.002% from Bialetti Investimenti and Bialetti Holding for €47.3 million and a 19.57% stake in Bialetti Industrie S.p.A (BIT:BIA) from Sculptor Capital Management, Inc. for €5.7 million. The plan provides for a multi-faceted refinancing of €30 million in junior financing from Illimity Bank Spa and AMCO Spa, €45 million in senior financing from a pool led by Banco BPM Spa, with BPER Banca Spa and Banca Ifis Spa, and equity contributions of at least €49.5 million from NUO Octagon. In addition, NUO obtained commitment letters totaling €71 million. The transaction is subject to de-listing of company stock. NUO aims to delist Bialetti from Euronext Milan and relaunch its development on international markets, focusing on innovation and identity of Made inItaly. Bonelli Erede Pappalardo Studio Legale acted as legal advisor for Bialetti Industrie S.p.A. Chiomenti Studio Legale acted as legal advisor for N.U.O. Capital. Gitti And Partners Studio Legale Associato acted as accountant for N.U.O. Capital. Ernst & Young Italia acted as due diligence provider for N.U.O. Capital. Lazard S.r.l. acted as financial advisor for Bialetti Industrie S.p.A. As part of the financing, Illimity and AMCO were assisted, respectively, by Orsingher Ortu Avvocati Associati and Giovanardi Studio Legale.
공시 • Apr 17N.U.O. Capital signed an agreement to acquire 59% stake in Bialetti Industrie S.p.A (BIT:BIA) from Bialetti Investimenti SPA and Bialetti Holding srl for €47.3 million.N.U.O. Capital signed an agreement to acquire 59% stake in Bialetti Industrie S.p.A (BIT:BIA) from Bialetti Investimenti SPA and Bialetti Holding srl for €47.3 million on April 16, 2025. In a separate transaction, N.U.O. Capital signed an agreement to acquire 19.57% stake in Bialetti Industrie S.p.A (BIT:BIA) from Sculptor Capital Management, Inc. for €5.7 million and N.U.O. Capital will launch mandatory takeover to acquire remaining 21.43% stake in Bialetti Industrie S.p.A (BIT:BIA) for €15.5 million. Upon completion, NUO aims to delist Bialetti from Euronext Milan and relaunch its development on international markets, focusing on innovation and identity of Made in Italy. Egidio Cozzi, current CEO of Bialetti, will also remain in office in the new post-closing phase. The transaction will be financed through a vendor loan of €18 million. The plan provides for a multi-faceted refinancing: €30 million in junior financing from Illimity Bank Spa and AMCO Spa, €45 million in senior financing from a pool led by Banco BPM Spa, with BPER Banca Spa and Banca Ifis Spa, and equity contributions of at least €49.5 million from NUO Octagon. In addition, NUO obtained commitment letters totaling €71 million. The transactions are subject to to the occurrence of specific conditions, including financing and regulatory authorizations and is expected to close in June 2025. Chiomenti Studio Legale acted as legal advisor to N.U.O. Capital. Gitti And Partners Studio Legale Associato acted as accountant to N.U.O. Capital. Ernst & Young Italia acted as financial, legal and labor law due diligence advisor to N.U.O. Capital. Vitale&Co acted as debt advisor to N.U.O. Capital. Zulli Tabanelli & Associati acted as financial advisor to Bialetti Investimenti SPA and Bialetti Holding srl. Lazard S.r.l. acted as financial advisor to Bialetti Industrie S.p.A. Bonelli Erede Pappalardo Studio Legale acted as legal advisor to Bialetti Industrie S.p.A. Orsingher Ortu Avvocati Associati acted as legal advisor to Illimity Bank Spa and Giovanardi Studio Legale acted as legal advisor to AMCO Spa.
Reported Earnings • Aug 14First half 2024 earnings released: €0.025 loss per share (vs €0.026 loss in 1H 2023)First half 2024 results: €0.025 loss per share (improved from €0.026 loss in 1H 2023). Revenue: €67.3m (up 6.0% from 1H 2023). Net loss: €3.85m (loss narrowed 5.7% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
New Risk • Aug 11New major risk - Revenue and earnings growthEarnings have declined by 3.3% 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 Negative equity (-€24m). Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (€31.2m market cap, or US$34.1m).
Reported Earnings • Apr 21Full year 2023 earnings releasedFull year 2023 results: Revenue: €143.6m (down 6.5% from FY 2022). Net loss: €5.26m (loss widened 31% from FY 2022).
New Risk • Apr 08New minor risk - Financial data availabilityThe 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 Risk Negative equity (-€21m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€36.5m market cap, or US$39.5m).
New Risk • Oct 16New 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 8.5% 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 Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Negative equity (-€21m). Minor Risk Market cap is less than US$100m (€43.3m market cap, or US$45.7m).
Buying Opportunity • Oct 16Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 6.8%. The fair value is estimated to be €0.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Meanwhile, the company became loss making.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Amelia Mazzucchi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Chairman Francesco Ranzoni is the most experienced director on the board, commencing their role in 2002. Independent Director Amelia Mazzucchi was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • Oct 09Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Amelia Mazzucchi was the last independent 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: Minority of independent directors. Lack of board continuity.
Is New 90 Day High Low • Feb 20New 90-day high: €0.21The company is up 149% from its price of €0.086 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 24% over the same period.