New Risk • May 22
New major risk - Revenue and earnings growth Earnings have declined by 79% 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 (-€3.8m). Earnings have declined by 79% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€45.0m market cap, or US$52.2m). Board Change • May 20
Less than half of directors are independent Following 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. 3 non-independent directors. Independent Director Deborah Carlson was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 30
Less than half of directors are independent Following 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. 3 non-independent directors. Independent Director Deborah Carlson was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Aug 06
EuropaCorp, Annual General Meeting, Sep 10, 2025 EuropaCorp, Annual General Meeting, Sep 10, 2025. Location: 14 rue troyon, paris France Board Change • Dec 30
Less than half of directors are independent Following 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. 3 non-independent directors. Independent Director Deborah Carlson was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Aug 06
EuropaCorp, Annual General Meeting, Sep 12, 2024 EuropaCorp, Annual General Meeting, Sep 12, 2024. Location: club de l etoile, 14 rue troyon, paris France Reported Earnings • Jun 23
Full year 2024 earnings released Full year 2024 results: Revenue: €35.3m (down 5.9% from FY 2023). Net income: €900.0k (up €800.0k from FY 2023). Profit margin: 2.5% (up from 0.3% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Entertainment industry in Germany. New Risk • Jun 23
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.3% Last year net profit margin: 47% 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 Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (€63.7m market cap, or US$69.8m). Reported Earnings • Jun 23
Full year 2023 earnings released Full year 2023 results: Revenue: €37.5m (up 6.2% from FY 2022). Net income: €100.0k (down 99% from FY 2022). Profit margin: 0.3% (down from 47% in FY 2022). The decrease in margin was driven by higher expenses. New Risk • Jun 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. 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 Interest payments are not well covered by earnings (1.6x net interest cover). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (€64.5m market cap, or US$70.4m). Reported Earnings • Dec 16
First half 2023 earnings released: EPS: €0.005 (vs €0.015 loss in 1H 2022) First half 2023 results: EPS: €0.005 (up from €0.015 loss in 1H 2022). Revenue: €13.2m (down 24% from 1H 2022). Net income: €636.0k (up €2.54m from 1H 2022). Profit margin: 4.8% (up from net loss in 1H 2022). Revenue is forecast to grow 122% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There are 4 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: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Co-Founder, Artistic Director & Chairman Luc Besson is the most experienced director on the board, commencing their role in 2012. Independent Director Deborah Carlson was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • Jul 01
Full year 2022 earnings released Full year 2022 results: Revenue: €35.3m (down 15% from FY 2021). Net income: €16.7m (down 86% from FY 2021). Profit margin: 47% (down from 296% in FY 2021). Over the next year, revenue is forecast to grow 2.8%, compared to a 130% growth forecast for the industry in Germany. Board Change • Apr 27
Less than half of directors are independent There are 4 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: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Co-Founder, Artistic Director & Chairman Luc Besson is the most experienced director on the board, commencing their role in 2012. Independent Director Deborah Carlson was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • Dec 17
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: €0.015 loss per share (down from €1.01 profit in 1H 2021). Revenue: €17.3m (down 34% from 1H 2021). Net loss: €1.91m (down 101% from profit in 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 369%, compared to a 319% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 27
Full year 2021 earnings released Full year 2021 results: Revenue: €41.5m (down 41% from FY 2020). Net income: €122.7m (up €217.7m from FY 2020). Is New 90 Day High Low • Feb 06
New 90-day high: €0.80 The company is up 25% from its price of €0.64 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Entertainment industry, which is also up 25% over the same period. Reported Earnings • Jan 02
First half 2021 earnings released: EPS €1.01 First half 2021 results: Revenue: €26.2m (down 36% from 1H 2020). Net income: €123.5m (up €146.2m from 1H 2020). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 20
New 90-day high: €0.78 The company is up 9.0% from its price of €0.71 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 26% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: €0.58 The company is down 24% from its price of €0.77 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 6.0% over the same period. Is New 90 Day High Low • Sep 27
New 90-day low: €0.62 The company is down 10.0% from its price of €0.69 on 29 June 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 7.0% over the same period.