View Past Performancecyan 대차대조표 건전성재무 건전성 기준 점검 6/6cyan 의 총 주주 지분은 €27.4M 이고 총 부채는 €64.0K, 이는 부채 대 자기자본 비율을 0.2% 로 가져옵니다. 총자산과 총부채는 각각 €30.7M 및 €3.3M 입니다.핵심 정보0.23%부채/자본 비율€64.00k부채이자보상배율n/a현금€1.77m자본€27.41m총부채€3.27m총자산€30.68m최근 재무 건전성 업데이트분석 기사 • Apr 29Is cyan (ETR:CYR) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Nov 20Is cyan (ETR:CYR) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...모든 업데이트 보기Recent updatesReported Earnings • May 14Full year 2025 earnings released: €0.03 loss per share (vs €0.17 loss in FY 2024)Full year 2025 results: €0.03 loss per share (improved from €0.17 loss in FY 2024). Revenue: €10.0m (up 41% from FY 2024). Net loss: €678.0k (loss narrowed 82% from FY 2024). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.New Risk • Apr 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (€43.1m market cap, or US$50.6m).New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (€49.0m market cap, or US$58.2m).분석 기사 • Dec 19Is cyan AG (ETR:CYR) Trading At A 50% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, cyan fair value estimate is €4.51 cyan's €2.28 share price...Major Estimate Revision • Oct 02Consensus EPS estimates upgraded to €0.035 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -€0.06 to -€0.035 per share. Revenue forecast unchanged from €9.15m at last update. Software industry in Germany expected to see average net income growth of 28% next year. Consensus price target up from €4.08 to €4.35. Share price was steady at €2.50 over the past week.Reported Earnings • Sep 26First half 2025 earnings released: €0.02 loss per share (vs €0.10 loss in 1H 2024)First half 2025 results: €0.02 loss per share (improved from €0.10 loss in 1H 2024). Revenue: €4.40m (up 37% from 1H 2024). Net loss: €358.0k (loss narrowed 83% from 1H 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Price Target Changed • Sep 25Price target increased by 11% to €4.25Up from €3.83, the current price target is an average from 2 analysts. New target price is 69% above last closing price of €2.52. Stock is up 11% over the past year. The company is forecast to post a net loss per share of €0.06 next year compared to a net loss per share of €0.17 last year.분석 기사 • Aug 15An Intrinsic Calculation For cyan AG (ETR:CYR) Suggests It's 44% UndervaluedKey Insights cyan's estimated fair value is €4.41 based on 2 Stage Free Cash Flow to Equity cyan's €2.48 share price...New Risk • Jul 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€3.8m). Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (€48.5m market cap, or US$56.3m).공시 • Jun 03cyan AG, Annual General Meeting, Jul 11, 2025cyan AG, Annual General Meeting, Jul 11, 2025, at 10:00 W. Europe Standard Time.New Risk • May 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€3.8m). Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (€57.7m market cap, or US$65.6m).Reported Earnings • May 17Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: €0.17 loss per share (improved from €0.28 loss in FY 2023). Revenue: €7.45m (up 58% from FY 2023). Net loss: €3.67m (loss narrowed 31% from FY 2023). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 143%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.New Risk • May 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (€56.1m market cap, or US$63.4m).New Risk • Jan 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€2.6m). Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (6.9% increase in shares outstanding). Market cap is less than US$100m (€53.3m market cap, or US$54.9m).Major Estimate Revision • Oct 03Consensus EPS estimates fall by 145%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -€0.055 to -€0.135 per share. Revenue forecast of €7.10m unchanged since last update. Software industry in Germany expected to see average net income growth of 24% next year. Consensus price target up from €4.03 to €4.13. Share price fell 2.6% to €2.22 over the past week.Reported Earnings • Sep 27First half 2024 earnings released: €0.097 loss per share (vs €0.16 loss in 1H 2023)First half 2024 results: €0.097 loss per share (improved from €0.16 loss in 1H 2023). Revenue: €3.21m (up 56% from 1H 2023). Net loss: €2.07m (loss narrowed 29% from 1H 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.공시 • Jun 06cyan AG, Annual General Meeting, Jul 12, 2024cyan AG, Annual General Meeting, Jul 12, 2024, at 10:00 W. Europe Standard Time.Price Target Changed • Jun 02Price target increased by 26% to €4.03Up from €3.20, the current price target is an average from 2 analysts. New target price is 64% above last closing price of €2.46. Stock is up 32% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.28 last year.Price Target Changed • May 28Price target increased by 11% to €3.38Up from €3.05, the current price target is an average from 2 analysts. New target price is 35% above last closing price of €2.50. Stock is up 51% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.28 last year.New Risk • May 27New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€4.7m 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€4.7m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (€50.5m market cap, or US$54.8m).Reported Earnings • May 24Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: €0.28 loss per share (improved from €1.11 loss in FY 2022). Revenue: €5.53m (down 35% from FY 2022). Net loss: €5.32m (loss narrowed 68% from FY 2022). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.New Risk • Apr 15New 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€1.2m net loss in 2 years). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (€44.3m market cap, or US$47.1m).New Risk • Mar 01New 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 9.9% 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 Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€420k net loss in 2 years). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (€26.0m market cap, or US$28.1m).Major Estimate Revision • Dec 14Consensus EPS estimates fall by 65%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -€0.52 to -€0.86 per share. Revenue forecast of €8.85m unchanged since last update. Software industry in Germany expected to see average net income growth of 14% next year. Consensus price target down from €3.25 to €3.05. Share price fell 4.7% to €1.02 over the past week.분석 기사 • Dec 06Is It Too Late To Consider Buying cyan AG (ETR:CYR)?cyan AG ( ETR:CYR ), is not the largest company out there, but it received a lot of attention from a substantial price...Major Estimate Revision • Oct 12Consensus revenue estimates decrease by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €9.90m to €8.85m. EPS estimate unchanged from -€0.52 per share at last update. Software industry in Germany expected to see average net income growth of 14% next year. Consensus price target down from €3.60 to €3.25. Share price was steady at €1.48 over the past week.Price Target Changed • Oct 11Price target decreased by 13% to €3.25Down from €3.75, the current price target is an average from 2 analysts. New target price is 118% above last closing price of €1.49. Stock is down 27% over the past year. The company is forecast to post a net loss per share of €0.52 next year compared to a net loss per share of €1.11 last year.Major Estimate Revision • Oct 05Consensus EPS estimates fall by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €10.1m to €9.90m. Losses expected to increase from €0.37 per share to €0.52. Software industry in Germany expected to see average net income growth of 14% next year. Consensus price target down from €3.75 to €3.60. Share price fell 9.0% to €1.51 over the past week.Reported Earnings • Oct 02First half 2023 earnings released: €0.43 loss per share (vs €0.19 loss in 1H 2022)First half 2023 results: €0.43 loss per share (further deteriorated from €0.19 loss in 1H 2022). Revenue: €3.77m (down 8.1% from 1H 2022). Net loss: €7.66m (loss widened 183% from 1H 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.New Risk • Oct 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€168k net loss in 2 years). Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€31.0m market cap, or US$32.5m).New Risk • Oct 01New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €21m Forecast net loss in 2 years: €168k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€168k net loss in 2 years). Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (€27.9m market cap, or US$29.5m).Price Target Changed • Sep 29Price target decreased by 10.0% to €3.60Down from €4.00, the current price target is an average from 2 analysts. New target price is 120% above last closing price of €1.64. Stock is down 16% over the past year. The company is forecast to post a net loss per share of €0.52 next year compared to a net loss per share of €1.11 last year.공시 • Sep 05cyan AG announced that it expects to receive €2.546737 million in fundingcyan AG announced a private placement to issue 2% convertible bond 2023/2025 to issue 1,414,854.00 bearer bonds with equal rights at a nominal value of €1.80 for the gross proceeds of €2,546,737.20 on September 4, 2023. The note bears 2% coupon rate and matures from January 1, 2023 to December 31, 2025. The conversion right" entitles the bondholders to exchange one partial bond with a nominal value of €1.80 each for 1 no-par value bearer share in the bond debtor. The transaction has been approved by the shareholder.Major Estimate Revision • Aug 22Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €11.8m to €10.1m. Forecast losses increased from -€0.29 to -€0.37 per share. Software industry in Germany expected to see average net income growth of 13% next year. Consensus price target down from €4.00 to €3.75. Share price fell 5.7% to €1.83 over the past week.분석 기사 • Aug 17Are Investors Undervaluing cyan AG (ETR:CYR) By 27%?Key Insights cyan's estimated fair value is €2.78 based on 2 Stage Free Cash Flow to Equity cyan's €2.04 share price...Buying Opportunity • Aug 03Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 1.1%. The fair value is estimated to be €2.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 56% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 97% in 2 years. Earnings is forecast to grow by 93% in the next 2 years.Buying Opportunity • Jul 14Now 21% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be €2.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 56% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 97% in 2 years. Earnings is forecast to grow by 93% in the next 2 years.분석 기사 • May 26What Does cyan AG's (ETR:CYR) Share Price Indicate?cyan AG ( ETR:CYR ), might not be a large cap stock, but it led the XTRA gainers with a relatively large price hike in...공시 • Dec 31cyan AG Revises Financial Guidance for the Year 2022cyan AG revised financial guidance for the year 2022. As a majority of customers are now based on a recurring revenue model, and given the likely shifts in expected deals from the project pipeline, the company now expects revenues at group level to be in the range of EUR 8 million to EUR 9 million in 2022 (previously: EUR 11 million to EUR 13 million).Price Target Changed • Nov 16Price target decreased to €5.10Down from €6.20, the current price target is provided by 1 analyst. New target price is 173% above last closing price of €1.87. Stock is down 46% over the past year. The company posted a net loss per share of €1.30 last year.Reported Earnings • Sep 30First half 2022 earnings released: €0.19 loss per share (vs €0.75 loss in 1H 2021)First half 2022 results: €0.19 loss per share (improved from €0.75 loss in 1H 2021). Revenue: €6.66m (up 88% from 1H 2021). Net loss: €2.71m (loss narrowed 65% from 1H 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 16 percentage points per year, which is a significant difference in performance.공시 • Sep 24cyan AG announced that it has received €5.830973 million in fundingcyan AG announced that it has issued 2,217,100 shares at a price of €2.63 per share for gross proceeds of €5,830,973 in a round of funding on September 22, 2022. The transaction included participation from existing investors.공시 • Jun 23+ 1 more updatecyan AG, Annual General Meeting, Jun 22, 2022cyan AG, Annual General Meeting, Jun 22, 2022.분석 기사 • Apr 29Is cyan (ETR:CYR) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Apr 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: €1.30 loss per share (down from €0.95 loss in FY 2020). Revenue: €11.5m (down 46% from FY 2020). Net loss: €13.9m (loss widened 50% from FY 2020). Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) also missed analyst estimates by 73%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 26 percentage points per year, which is a significant difference in performance.공시 • Mar 05cyan AG Announces the Successful Launch of Colombian Social Mobile Virtual Network OperatorLOV Telecomunicaciones SAS on Cyan's BSS/OSS Platform Technologycyan AG announced the successful launch of Colombian social mobile virtual network operator (MVNO) LOV Telecomunicaciones SAS on cyan's BSS/OSS platform technology. cyan's Seamless BSS/OSS & MVNE Platform offers an out-of-the-box, one-stop-shop solution for MVNOs capable to scale rapidly as the subscribers grow. The innovative design provides complete end-to-end support from mobile network integration, product management, real-time charging to customer care as well as digital customer experience features. To allow MVNOs to concentrate solely on their sales and marketing activities, cyan provides a fully managed service as well as business operations support through its cloud-based hubs available across the globe. Under the motto "LOVe connects us all" LOV is creating a platform beyond simple telecom services to improve their subscribers' daily lives and aims to help make the dreams of many come true in a socially responsible way.공시 • Nov 25cyan AG announced that it has received €4.05643 million in fundingOn November 23, 2021, cyan AG closed the transaction. The company amended the terms of the transaction. The company will now issue 977,453 shares at a price €4.15 per share for gross proceeds of €4.05643 million. The company's share capital increased €12,408,431.00 to €13,385,884.00.분석 기사 • Nov 20Is cyan (ETR:CYR) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Oct 04First half 2021 earnings released: €0.75 loss per share (vs €0.06 profit in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: €3.54m (down 79% from 1H 2020). Net loss: €7.82m (down €8.45m from profit in 1H 2020).Reported Earnings • May 04Full year 2020 earnings released: €0.95 loss per share (vs €0.49 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €23.4m (down 13% from FY 2019). Net loss: €9.27m (down 305% from profit in FY 2019).Valuation Update With 7 Day Price Move • Apr 30Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €9.90, the stock trades at a trailing P/E ratio of 11x. Average forward P/E is 32x in the Software industry in Germany. Total loss to shareholders of 58% over the past three years.Is New 90 Day High Low • Mar 13New 90-day low: €11.98The company is down 15% from its price of €14.04 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €59.91 per share.분석 기사 • Mar 11When Should You Buy cyan AG (ETR:CYR)?cyan AG ( ETR:CYR ), might not be a large cap stock, but it saw significant share price movement during recent months...공시 • Mar 05Cyan Ag Supports MTEL in Its Expansion to Germany and Switzerlandcyan and MTEL have decided to extend their contract to cover Germany and Switzerland after years of successful cooperation in Austria. The existing seamless BSS/OSS platform will be significantly expanded by mid-2022. The envisaged additional end customer base will be multiplied in comparison to Austria.분석 기사 • Feb 19Does cyan (ETR:CYR) Have The Makings Of A Multi-Bagger?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...분석 기사 • Jan 31Should You Be Worried About cyan AG's (ETR:CYR) 11% Return On Equity?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...분석 기사 • Jan 13What Type Of Returns Would cyan's(ETR:CYR) Shareholders Have Earned If They Purchased Their SharesYear Ago?While it may not be enough for some shareholders, we think it is good to see the cyan AG ( ETR:CYR ) share price up 17...분석 기사 • Dec 27What You Need To Know About cyan AG's (ETR:CYR) Investor CompositionIf you want to know who really controls cyan AG ( ETR:CYR ), then you'll have to look at the makeup of its share...Valuation Update With 7 Day Price Move • Dec 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €12.75, the stock is trading at a trailing P/E ratio of 14.2x, down from the previous P/E ratio of 16.9x. This compares to an average P/E of 27x in the Software industry in Germany. Total return to shareholders over the past year is a loss of 35%.Major Estimate Revision • Dec 19Analysts update estimatesThe company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -€0.022 to -€0.098. Revenue estimate was approximately flat at €25.0m. The Software industry in Germany is expected to see an average net income growth of 7.6% next year. The consensus price target of €15.13 was unchanged from the last update. Share price is down by 8.7% to €12.82 over the past week.Is New 90 Day High Low • Dec 16New 90-day high: €15.20The company is up 48% from its price of €10.30 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €58.03 per share.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 21% share price gain to €14.50, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 13.3x. This compares to an average P/E of 27x in the Software industry in Germany. Total return to shareholders over the past year is a loss of 30%.공시 • Dec 15cyan AG and SMARTEL Services GmbH Form Partnership to Launch an Innovative MVNO Platform in Central Europecyan AG and SMARTEL Services GmbH are launching a partnership with a long-term focus. The goal is to create an MVNO platform (Mobile Virtual Network Operator) for a new generation of MVNOs in Central Europe. As a Mobile Virtual Network Enabler, MVNE for short, cyan will create the technological infrastructure that will enable these innovative mobile operators to offer their services without their own network. Already in first quarter of 2021 the first SMARTEL customer with a solid existing customer base in the five-digit range will start on this MVNO platform, further very promising projects are planned in the medium term. These new mobile companies will focus on specific target groups, either consumers or corporate customers. A declared goal of SMARTEL is to bundle further MVNOs in Central Europe on one technical platform and to enable a fast go to market through the complementary competences of both companies.Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 23% share price gain to €14.80, the stock is trading at a trailing P/E ratio of 16.4x, up from the previous P/E ratio of 13.3x. This compares to an average P/E of 26x in the Software industry in Germany. Total return to shareholders over the past year is a loss of 13%.Major Estimate Revision • Dec 10Analysts lower revenue estimates to €25.0mThe 2020 consensus revenue estimate decreased from €28.3m. Earning per share (EPS) estimate was also lowered from €0.31 to €0.057 for the same period. Net income is expected to shrink by 47% next year compared to 7.6% growth forecast for the Software industry in Germany . The consensus price target was lowered from €18.88 to €15.13. Share price is down by 2.9% to €12.38 over the past week.분석 기사 • Dec 09Are cyan's (ETR:CYR) Statutory Earnings A Good Guide To Its Underlying Profitability?Broadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 19% share price gain to €12.75, the stock is trading at a trailing P/E ratio of 14.2x, up from the previous P/E ratio of 11.9x. This compares to an average P/E of 27x in the Software industry in Germany. Total return to shareholders over the past year is a loss of 28%.Valuation Update With 7 Day Price Move • Nov 27Market bids up stock over the past weekAfter last week's 22% share price gain to €12.61, the stock is trading at a trailing P/E ratio of 14x, up from the previous P/E ratio of 11.5x. This compares to an average P/E of 27x in the Software industry in Germany. Total return to shareholders over the past year is a loss of 33%.Is New 90 Day High Low • Nov 26New 90-day high: €11.59The company is up 9.0% from its price of €10.61 on 28 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.78 per share.분석 기사 • Nov 22At €10.33, Is It Time To Put cyan AG (ETR:CYR) On Your Watch List?While cyan AG (ETR:CYR) might not be the most widely known stock at the moment, it saw a decent share price growth in...Major Estimate Revision • Oct 26Analysts lower EPS estimates to €0.31The 2020 consensus revenue estimate was lowered from €28.8m to €28.3m. Earning per share (EPS) estimate was also lowered from €0.42 to €0.31 for the same period. Net income is expected to shrink by 46% next year compared to 2.0% decline forecast for the Software industry in Germany. The consensus price target was lowered from €20.38 to €18.88. Share price is down by 5.2% to €10.30 over the past week.Is New 90 Day High Low • Oct 15New 90-day high: €11.45The company is up 7.0% from its price of €10.70 on 17 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.38 per share.Is New 90 Day High Low • Sep 26New 90-day low: €9.25The company is down 20% from its price of €11.62 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.10 per share.공시 • Sep 21cyan AG(XTRA:CYR) dropped from S&P Global BMI Indexcyan AG(XTRA:CYR) dropped from S&P Global BMI Index재무 상태 분석단기부채: CYR 의 단기 자산 ( €4.5M )이 단기 부채( €2.0M ).장기 부채: CYR의 단기 자산(€4.5M)이 장기 부채(€1.3M)를 초과합니다.부채/자본 비율 추이 및 분석부채 수준: CYR 총 부채보다 더 많은 현금을 보유하고 있습니다.부채 감소: CYR의 부채 대비 자본 비율은 지난 5년 동안 5%에서 0.2%로 감소했습니다.대차대조표현금 보유 기간 분석과거에 평균적으로 손실을 기록해 온 기업의 경우, 최소 1년 이상의 현금 보유 기간이 있는지 평가합니다.안정적인 현금 활주로: 수익성이 없는 CYR 현재의 플러스 무료 현금 흐름 수준을 유지한다면 3년 이상 충분한 현금 활주로를 보유하고 있습니다.예측 현금 활주로: CYR 은(는) 수익성이 없지만 잉여 현금 흐름이 긍정적이고 매년 24.3 %씩 성장하기 때문에 3년 이상 충분한 현금 활주로를 보유하고 있습니다.건전한 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 건실한 기업.View Dividend기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 02:14종가2026/05/22 00:00수익2025/12/31연간 수익2025/12/31데이터 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 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스cyan AG는 6명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Gustav FrobergBerenbergDan GardinerEdison Investment ResearchTim WunderlichHauck Aufhäuser Investment Banking3명의 분석가 더 보기
분석 기사 • Apr 29Is cyan (ETR:CYR) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Nov 20Is cyan (ETR:CYR) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • May 14Full year 2025 earnings released: €0.03 loss per share (vs €0.17 loss in FY 2024)Full year 2025 results: €0.03 loss per share (improved from €0.17 loss in FY 2024). Revenue: €10.0m (up 41% from FY 2024). Net loss: €678.0k (loss narrowed 82% from FY 2024). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (€43.1m market cap, or US$50.6m).
New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (€49.0m market cap, or US$58.2m).
분석 기사 • Dec 19Is cyan AG (ETR:CYR) Trading At A 50% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, cyan fair value estimate is €4.51 cyan's €2.28 share price...
Major Estimate Revision • Oct 02Consensus EPS estimates upgraded to €0.035 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -€0.06 to -€0.035 per share. Revenue forecast unchanged from €9.15m at last update. Software industry in Germany expected to see average net income growth of 28% next year. Consensus price target up from €4.08 to €4.35. Share price was steady at €2.50 over the past week.
Reported Earnings • Sep 26First half 2025 earnings released: €0.02 loss per share (vs €0.10 loss in 1H 2024)First half 2025 results: €0.02 loss per share (improved from €0.10 loss in 1H 2024). Revenue: €4.40m (up 37% from 1H 2024). Net loss: €358.0k (loss narrowed 83% from 1H 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Sep 25Price target increased by 11% to €4.25Up from €3.83, the current price target is an average from 2 analysts. New target price is 69% above last closing price of €2.52. Stock is up 11% over the past year. The company is forecast to post a net loss per share of €0.06 next year compared to a net loss per share of €0.17 last year.
분석 기사 • Aug 15An Intrinsic Calculation For cyan AG (ETR:CYR) Suggests It's 44% UndervaluedKey Insights cyan's estimated fair value is €4.41 based on 2 Stage Free Cash Flow to Equity cyan's €2.48 share price...
New Risk • Jul 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€3.8m). Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (€48.5m market cap, or US$56.3m).
공시 • Jun 03cyan AG, Annual General Meeting, Jul 11, 2025cyan AG, Annual General Meeting, Jul 11, 2025, at 10:00 W. Europe Standard Time.
New Risk • May 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€3.8m). Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (€57.7m market cap, or US$65.6m).
Reported Earnings • May 17Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: €0.17 loss per share (improved from €0.28 loss in FY 2023). Revenue: €7.45m (up 58% from FY 2023). Net loss: €3.67m (loss narrowed 31% from FY 2023). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 143%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
New Risk • May 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (€56.1m market cap, or US$63.4m).
New Risk • Jan 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€2.6m). Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (6.9% increase in shares outstanding). Market cap is less than US$100m (€53.3m market cap, or US$54.9m).
Major Estimate Revision • Oct 03Consensus EPS estimates fall by 145%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -€0.055 to -€0.135 per share. Revenue forecast of €7.10m unchanged since last update. Software industry in Germany expected to see average net income growth of 24% next year. Consensus price target up from €4.03 to €4.13. Share price fell 2.6% to €2.22 over the past week.
Reported Earnings • Sep 27First half 2024 earnings released: €0.097 loss per share (vs €0.16 loss in 1H 2023)First half 2024 results: €0.097 loss per share (improved from €0.16 loss in 1H 2023). Revenue: €3.21m (up 56% from 1H 2023). Net loss: €2.07m (loss narrowed 29% from 1H 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
공시 • Jun 06cyan AG, Annual General Meeting, Jul 12, 2024cyan AG, Annual General Meeting, Jul 12, 2024, at 10:00 W. Europe Standard Time.
Price Target Changed • Jun 02Price target increased by 26% to €4.03Up from €3.20, the current price target is an average from 2 analysts. New target price is 64% above last closing price of €2.46. Stock is up 32% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.28 last year.
Price Target Changed • May 28Price target increased by 11% to €3.38Up from €3.05, the current price target is an average from 2 analysts. New target price is 35% above last closing price of €2.50. Stock is up 51% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.28 last year.
New Risk • May 27New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€4.7m 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€4.7m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (€50.5m market cap, or US$54.8m).
Reported Earnings • May 24Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: €0.28 loss per share (improved from €1.11 loss in FY 2022). Revenue: €5.53m (down 35% from FY 2022). Net loss: €5.32m (loss narrowed 68% from FY 2022). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
New Risk • Apr 15New 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€1.2m net loss in 2 years). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (€44.3m market cap, or US$47.1m).
New Risk • Mar 01New 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 9.9% 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 Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€420k net loss in 2 years). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (€26.0m market cap, or US$28.1m).
Major Estimate Revision • Dec 14Consensus EPS estimates fall by 65%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -€0.52 to -€0.86 per share. Revenue forecast of €8.85m unchanged since last update. Software industry in Germany expected to see average net income growth of 14% next year. Consensus price target down from €3.25 to €3.05. Share price fell 4.7% to €1.02 over the past week.
분석 기사 • Dec 06Is It Too Late To Consider Buying cyan AG (ETR:CYR)?cyan AG ( ETR:CYR ), is not the largest company out there, but it received a lot of attention from a substantial price...
Major Estimate Revision • Oct 12Consensus revenue estimates decrease by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €9.90m to €8.85m. EPS estimate unchanged from -€0.52 per share at last update. Software industry in Germany expected to see average net income growth of 14% next year. Consensus price target down from €3.60 to €3.25. Share price was steady at €1.48 over the past week.
Price Target Changed • Oct 11Price target decreased by 13% to €3.25Down from €3.75, the current price target is an average from 2 analysts. New target price is 118% above last closing price of €1.49. Stock is down 27% over the past year. The company is forecast to post a net loss per share of €0.52 next year compared to a net loss per share of €1.11 last year.
Major Estimate Revision • Oct 05Consensus EPS estimates fall by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €10.1m to €9.90m. Losses expected to increase from €0.37 per share to €0.52. Software industry in Germany expected to see average net income growth of 14% next year. Consensus price target down from €3.75 to €3.60. Share price fell 9.0% to €1.51 over the past week.
Reported Earnings • Oct 02First half 2023 earnings released: €0.43 loss per share (vs €0.19 loss in 1H 2022)First half 2023 results: €0.43 loss per share (further deteriorated from €0.19 loss in 1H 2022). Revenue: €3.77m (down 8.1% from 1H 2022). Net loss: €7.66m (loss widened 183% from 1H 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.
New Risk • Oct 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€168k net loss in 2 years). Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€31.0m market cap, or US$32.5m).
New Risk • Oct 01New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €21m Forecast net loss in 2 years: €168k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€168k net loss in 2 years). Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (€27.9m market cap, or US$29.5m).
Price Target Changed • Sep 29Price target decreased by 10.0% to €3.60Down from €4.00, the current price target is an average from 2 analysts. New target price is 120% above last closing price of €1.64. Stock is down 16% over the past year. The company is forecast to post a net loss per share of €0.52 next year compared to a net loss per share of €1.11 last year.
공시 • Sep 05cyan AG announced that it expects to receive €2.546737 million in fundingcyan AG announced a private placement to issue 2% convertible bond 2023/2025 to issue 1,414,854.00 bearer bonds with equal rights at a nominal value of €1.80 for the gross proceeds of €2,546,737.20 on September 4, 2023. The note bears 2% coupon rate and matures from January 1, 2023 to December 31, 2025. The conversion right" entitles the bondholders to exchange one partial bond with a nominal value of €1.80 each for 1 no-par value bearer share in the bond debtor. The transaction has been approved by the shareholder.
Major Estimate Revision • Aug 22Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €11.8m to €10.1m. Forecast losses increased from -€0.29 to -€0.37 per share. Software industry in Germany expected to see average net income growth of 13% next year. Consensus price target down from €4.00 to €3.75. Share price fell 5.7% to €1.83 over the past week.
분석 기사 • Aug 17Are Investors Undervaluing cyan AG (ETR:CYR) By 27%?Key Insights cyan's estimated fair value is €2.78 based on 2 Stage Free Cash Flow to Equity cyan's €2.04 share price...
Buying Opportunity • Aug 03Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 1.1%. The fair value is estimated to be €2.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 56% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 97% in 2 years. Earnings is forecast to grow by 93% in the next 2 years.
Buying Opportunity • Jul 14Now 21% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be €2.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 56% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 97% in 2 years. Earnings is forecast to grow by 93% in the next 2 years.
분석 기사 • May 26What Does cyan AG's (ETR:CYR) Share Price Indicate?cyan AG ( ETR:CYR ), might not be a large cap stock, but it led the XTRA gainers with a relatively large price hike in...
공시 • Dec 31cyan AG Revises Financial Guidance for the Year 2022cyan AG revised financial guidance for the year 2022. As a majority of customers are now based on a recurring revenue model, and given the likely shifts in expected deals from the project pipeline, the company now expects revenues at group level to be in the range of EUR 8 million to EUR 9 million in 2022 (previously: EUR 11 million to EUR 13 million).
Price Target Changed • Nov 16Price target decreased to €5.10Down from €6.20, the current price target is provided by 1 analyst. New target price is 173% above last closing price of €1.87. Stock is down 46% over the past year. The company posted a net loss per share of €1.30 last year.
Reported Earnings • Sep 30First half 2022 earnings released: €0.19 loss per share (vs €0.75 loss in 1H 2021)First half 2022 results: €0.19 loss per share (improved from €0.75 loss in 1H 2021). Revenue: €6.66m (up 88% from 1H 2021). Net loss: €2.71m (loss narrowed 65% from 1H 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 16 percentage points per year, which is a significant difference in performance.
공시 • Sep 24cyan AG announced that it has received €5.830973 million in fundingcyan AG announced that it has issued 2,217,100 shares at a price of €2.63 per share for gross proceeds of €5,830,973 in a round of funding on September 22, 2022. The transaction included participation from existing investors.
공시 • Jun 23+ 1 more updatecyan AG, Annual General Meeting, Jun 22, 2022cyan AG, Annual General Meeting, Jun 22, 2022.
분석 기사 • Apr 29Is cyan (ETR:CYR) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Apr 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: €1.30 loss per share (down from €0.95 loss in FY 2020). Revenue: €11.5m (down 46% from FY 2020). Net loss: €13.9m (loss widened 50% from FY 2020). Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) also missed analyst estimates by 73%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 26 percentage points per year, which is a significant difference in performance.
공시 • Mar 05cyan AG Announces the Successful Launch of Colombian Social Mobile Virtual Network OperatorLOV Telecomunicaciones SAS on Cyan's BSS/OSS Platform Technologycyan AG announced the successful launch of Colombian social mobile virtual network operator (MVNO) LOV Telecomunicaciones SAS on cyan's BSS/OSS platform technology. cyan's Seamless BSS/OSS & MVNE Platform offers an out-of-the-box, one-stop-shop solution for MVNOs capable to scale rapidly as the subscribers grow. The innovative design provides complete end-to-end support from mobile network integration, product management, real-time charging to customer care as well as digital customer experience features. To allow MVNOs to concentrate solely on their sales and marketing activities, cyan provides a fully managed service as well as business operations support through its cloud-based hubs available across the globe. Under the motto "LOVe connects us all" LOV is creating a platform beyond simple telecom services to improve their subscribers' daily lives and aims to help make the dreams of many come true in a socially responsible way.
공시 • Nov 25cyan AG announced that it has received €4.05643 million in fundingOn November 23, 2021, cyan AG closed the transaction. The company amended the terms of the transaction. The company will now issue 977,453 shares at a price €4.15 per share for gross proceeds of €4.05643 million. The company's share capital increased €12,408,431.00 to €13,385,884.00.
분석 기사 • Nov 20Is cyan (ETR:CYR) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Oct 04First half 2021 earnings released: €0.75 loss per share (vs €0.06 profit in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: €3.54m (down 79% from 1H 2020). Net loss: €7.82m (down €8.45m from profit in 1H 2020).
Reported Earnings • May 04Full year 2020 earnings released: €0.95 loss per share (vs €0.49 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €23.4m (down 13% from FY 2019). Net loss: €9.27m (down 305% from profit in FY 2019).
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €9.90, the stock trades at a trailing P/E ratio of 11x. Average forward P/E is 32x in the Software industry in Germany. Total loss to shareholders of 58% over the past three years.
Is New 90 Day High Low • Mar 13New 90-day low: €11.98The company is down 15% from its price of €14.04 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €59.91 per share.
분석 기사 • Mar 11When Should You Buy cyan AG (ETR:CYR)?cyan AG ( ETR:CYR ), might not be a large cap stock, but it saw significant share price movement during recent months...
공시 • Mar 05Cyan Ag Supports MTEL in Its Expansion to Germany and Switzerlandcyan and MTEL have decided to extend their contract to cover Germany and Switzerland after years of successful cooperation in Austria. The existing seamless BSS/OSS platform will be significantly expanded by mid-2022. The envisaged additional end customer base will be multiplied in comparison to Austria.
분석 기사 • Feb 19Does cyan (ETR:CYR) Have The Makings Of A Multi-Bagger?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
분석 기사 • Jan 31Should You Be Worried About cyan AG's (ETR:CYR) 11% Return On Equity?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
분석 기사 • Jan 13What Type Of Returns Would cyan's(ETR:CYR) Shareholders Have Earned If They Purchased Their SharesYear Ago?While it may not be enough for some shareholders, we think it is good to see the cyan AG ( ETR:CYR ) share price up 17...
분석 기사 • Dec 27What You Need To Know About cyan AG's (ETR:CYR) Investor CompositionIf you want to know who really controls cyan AG ( ETR:CYR ), then you'll have to look at the makeup of its share...
Valuation Update With 7 Day Price Move • Dec 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €12.75, the stock is trading at a trailing P/E ratio of 14.2x, down from the previous P/E ratio of 16.9x. This compares to an average P/E of 27x in the Software industry in Germany. Total return to shareholders over the past year is a loss of 35%.
Major Estimate Revision • Dec 19Analysts update estimatesThe company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -€0.022 to -€0.098. Revenue estimate was approximately flat at €25.0m. The Software industry in Germany is expected to see an average net income growth of 7.6% next year. The consensus price target of €15.13 was unchanged from the last update. Share price is down by 8.7% to €12.82 over the past week.
Is New 90 Day High Low • Dec 16New 90-day high: €15.20The company is up 48% from its price of €10.30 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €58.03 per share.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 21% share price gain to €14.50, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 13.3x. This compares to an average P/E of 27x in the Software industry in Germany. Total return to shareholders over the past year is a loss of 30%.
공시 • Dec 15cyan AG and SMARTEL Services GmbH Form Partnership to Launch an Innovative MVNO Platform in Central Europecyan AG and SMARTEL Services GmbH are launching a partnership with a long-term focus. The goal is to create an MVNO platform (Mobile Virtual Network Operator) for a new generation of MVNOs in Central Europe. As a Mobile Virtual Network Enabler, MVNE for short, cyan will create the technological infrastructure that will enable these innovative mobile operators to offer their services without their own network. Already in first quarter of 2021 the first SMARTEL customer with a solid existing customer base in the five-digit range will start on this MVNO platform, further very promising projects are planned in the medium term. These new mobile companies will focus on specific target groups, either consumers or corporate customers. A declared goal of SMARTEL is to bundle further MVNOs in Central Europe on one technical platform and to enable a fast go to market through the complementary competences of both companies.
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 23% share price gain to €14.80, the stock is trading at a trailing P/E ratio of 16.4x, up from the previous P/E ratio of 13.3x. This compares to an average P/E of 26x in the Software industry in Germany. Total return to shareholders over the past year is a loss of 13%.
Major Estimate Revision • Dec 10Analysts lower revenue estimates to €25.0mThe 2020 consensus revenue estimate decreased from €28.3m. Earning per share (EPS) estimate was also lowered from €0.31 to €0.057 for the same period. Net income is expected to shrink by 47% next year compared to 7.6% growth forecast for the Software industry in Germany . The consensus price target was lowered from €18.88 to €15.13. Share price is down by 2.9% to €12.38 over the past week.
분석 기사 • Dec 09Are cyan's (ETR:CYR) Statutory Earnings A Good Guide To Its Underlying Profitability?Broadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...
Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 19% share price gain to €12.75, the stock is trading at a trailing P/E ratio of 14.2x, up from the previous P/E ratio of 11.9x. This compares to an average P/E of 27x in the Software industry in Germany. Total return to shareholders over the past year is a loss of 28%.
Valuation Update With 7 Day Price Move • Nov 27Market bids up stock over the past weekAfter last week's 22% share price gain to €12.61, the stock is trading at a trailing P/E ratio of 14x, up from the previous P/E ratio of 11.5x. This compares to an average P/E of 27x in the Software industry in Germany. Total return to shareholders over the past year is a loss of 33%.
Is New 90 Day High Low • Nov 26New 90-day high: €11.59The company is up 9.0% from its price of €10.61 on 28 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.78 per share.
분석 기사 • Nov 22At €10.33, Is It Time To Put cyan AG (ETR:CYR) On Your Watch List?While cyan AG (ETR:CYR) might not be the most widely known stock at the moment, it saw a decent share price growth in...
Major Estimate Revision • Oct 26Analysts lower EPS estimates to €0.31The 2020 consensus revenue estimate was lowered from €28.8m to €28.3m. Earning per share (EPS) estimate was also lowered from €0.42 to €0.31 for the same period. Net income is expected to shrink by 46% next year compared to 2.0% decline forecast for the Software industry in Germany. The consensus price target was lowered from €20.38 to €18.88. Share price is down by 5.2% to €10.30 over the past week.
Is New 90 Day High Low • Oct 15New 90-day high: €11.45The company is up 7.0% from its price of €10.70 on 17 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.38 per share.
Is New 90 Day High Low • Sep 26New 90-day low: €9.25The company is down 20% from its price of €11.62 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.10 per share.
공시 • Sep 21cyan AG(XTRA:CYR) dropped from S&P Global BMI Indexcyan AG(XTRA:CYR) dropped from S&P Global BMI Index