New Risk • Jul 01
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (20% average weekly change). Market cap is less than US$10m (€2.36m market cap, or US$2.68m). New Risk • Apr 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. 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 (57% average weekly change). Negative equity (-€107m). Revenue has declined by 46% over the past year. Market cap is less than US$10m (€4.14m market cap, or US$4.85m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Board Change • Nov 17
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 2 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Director Noemie Barbier was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공고 • Sep 29
Réalités S.A., Annual General Meeting, Oct 31, 2025 Réalités S.A., Annual General Meeting, Oct 31, 2025. Location: 40 rue de strasbourg, nantes France Board Change • Dec 20
Less than half of directors are independent There are 6 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. 8 non-independent directors. Independent Director Noemie Barbier was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. New Risk • Oct 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.54m (US$9.28m) This is considered a major 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. 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). Shares are highly illiquid. Earnings have declined by 14% per year over the past 5 years. Market cap is less than US$10m (€8.54m market cap, or US$9.28m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). New Risk • Oct 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Earnings have declined by 14% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (€9.59m market cap, or US$10.5m). Board Change • Sep 23
Less than half of directors are independent There are 6 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. 8 non-independent directors. Independent Director Noemie Barbier was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Aug 09
Less than half of directors are independent There are 6 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. 8 non-independent directors. Independent Director Noemie Barbier was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Apr 19
Less than half of directors are independent There are 6 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. 8 non-independent directors. Independent Director Noemie Barbier was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 25
First half 2023 earnings released: EPS: €0.83 (vs €0.72 in 1H 2022) First half 2023 results: EPS: €0.83 (up from €0.72 in 1H 2022). Revenue: €187.1m (up 33% from 1H 2022). Net income: €3.62m (up 29% from 1H 2022). Profit margin: 1.9% (down from 2.0% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Oct 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (€86.4m market cap, or US$91.7m). Board Change • Oct 12
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 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: Lack of independent directors. Insufficient board refreshment. 공고 • Jan 13
Réalités S.A. (ENXTPA:ALREA) acquired Vargo invest. Réalités S.A. (ENXTPA:ALREA) acquired Vargo invest on January 12, 2023.VARGO INVEST reported a Turnover of €2.5 million in 2022. Romain DOLIGEZ becomes President of VARGO INVEST. Grégory LE BLAN becomes Senior Advisor of VARGO INVEST. Réalités S.A. (ENXTPA:ALREA) Completed the acquisition of Vargo invest on January 12, 2023. 공고 • Jul 20
Réalités announced that it has received €30 million in funding Réalités announced that it has received €30,000,000 in a round of funding on July 19, 2022. 공고 • Jul 09
Réalités announced that it has received €35.00001 million in funding On July 7, 2022, Réalités closed the transaction. After completion of the transaction,Financière du Nogentais family holding company holds 15.31% stake in the company. Upcoming Dividend • May 16
Upcoming dividend of €1.80 per share Eligible shareholders must have bought the stock before 23 May 2022. Payment date: 25 May 2022. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.3%). In line with average of industry peers (4.3%). Board Change • Apr 27
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. 6 experienced directors. No highly experienced directors. 1 independent director (5 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. 공고 • Jul 07
Realites Enters into Negotiations to Buy 85% of Capital of Vindemia Réalités (ENXTPA:ALREA) is in exclusive negotiations for acquisition of 85% of capital of Vindemia. Acquisition should be completed by September 1, 2021. Upcoming Dividend • May 12
Upcoming dividend of €0.70 per share Eligible shareholders must have bought the stock before 19 May 2021. Payment date: 21 May 2021. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.2%). Is New 90 Day High Low • Feb 09
New 90-day high: €26.70 The company is up 32% from its price of €20.20 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 3.0% over the same period. Is New 90 Day High Low • Jan 19
New 90-day high: €25.80 The company is up 34% from its price of €19.25 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 2.0% over the same period. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 16% share price gain to €23.50, the stock is trading at a trailing P/E ratio of 8.8x, up from the previous P/E ratio of 7.6x. This compares to an average P/E of 13x in the Real Estate industry in Germany. Total returns to shareholders over the past year are 6.1%. Is New 90 Day High Low • Jan 04
New 90-day high: €23.80 The company is up 31% from its price of €18.10 on 06 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 5.0% over the same period. 공고 • Dec 30
Réalités has completed a Follow-on Equity Offering in the amount of €4.875 million. Réalités has completed a Follow-on Equity Offering in the amount of €4.875 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 243,750
Price\Range: €20 Is New 90 Day High Low • Dec 16
New 90-day high: €21.20 The company is up 2.0% from its price of €20.70 on 16 September 2020. The German market is also up 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Real Estate industry, which is flat over the same period. 공고 • Sep 03
Réalités has completed a Follow-on Equity Offering in the amount of €340.7072 million. Réalités has completed a Follow-on Equity Offering in the amount of €340.7072 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 17,035,360
Price\Range: €20
Transaction Features: Rights Offering