View Past PerformanceINTERSHOP Communications 대차대조표 건전성재무 건전성 기준 점검 6/6INTERSHOP Communications 의 총 주주 지분은 €12.0M 이고 총 부채는 €1.9M, 이는 부채 대 자기자본 비율을 16.1% 로 가져옵니다. 총자산과 총부채는 각각 €34.7M 및 €22.7M 입니다.핵심 정보16.13%부채/자본 비율€1.94m부채이자보상배율n/a현금€10.93m자본€12.01m총부채€22.65m총자산€34.66m최근 재무 건전성 업데이트분석 기사 • Jan 13Is INTERSHOP Communications (ETR:ISHA) Using Debt In A Risky Way?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...분석 기사 • Feb 12Is INTERSHOP Communications (ETR:ISHA) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Nov 08Is INTERSHOP Communications (ETR:ISHA) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Jul 18Is INTERSHOP Communications (ETR:ISHA) Weighed On By Its Debt Load?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...모든 업데이트 보기Recent updatesNew Risk • Jun 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 10% 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 (10% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Market cap is less than US$100m (€28.4m market cap, or US$32.9m).Reported Earnings • Apr 22First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €7.94m (down 13% from 1Q 2025). Net loss: €18.0k (loss narrowed 74% from 1Q 2025). Revenue is forecast to grow 4.7% 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 45% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.공시 • Apr 08INTERSHOP Communications Aktiengesellschaft, Annual General Meeting, May 19, 2026INTERSHOP Communications Aktiengesellschaft, Annual General Meeting, May 19, 2026, at 10:00 W. Europe Standard Time.Major Estimate Revision • Apr 07Consensus EPS estimates upgraded to €0.01 lossThe consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -€0.03 to -€0.01 per share. Revenue forecast steady at €32.6m. Software industry in Germany expected to see average net income growth of 24% next year. Consensus price target of €1.83 unchanged from last update. Share price fell 3.9% to €0.98 over the past week.Reported Earnings • Mar 12Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: €0.21 loss per share (further deteriorated from €0.024 loss in FY 2024). Revenue: €33.3m (down 14% from FY 2024). Net loss: €3.22m (loss widened €2.87m from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.공시 • Mar 12+ 2 more updatesINTERSHOP Communications Aktiengesellschaft to Report Q3, 2026 Results on Oct 21, 2026INTERSHOP Communications Aktiengesellschaft announced that they will report Q3, 2026 results on Oct 21, 2026공시 • Mar 05INTERSHOP Communications Aktiengesellschaft to Report Fiscal Year 2025 Final Results on Mar 12, 2026INTERSHOP Communications Aktiengesellschaft announced that they will report fiscal year 2025 final results on Mar 12, 2026New Risk • Feb 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 7.9% 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 Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (€17.8m market cap, or US$21.1m).Buy Or Sell Opportunity • Feb 05Now 24% undervaluedOver the last 90 days, the stock has risen 23% to €1.27. The fair value is estimated to be €1.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 2.5% in a year. Earnings are forecast to grow by 71% in the next year.Breakeven Date Change • Jan 19Forecast breakeven date moved forward to 2026The 3 analysts covering INTERSHOP Communications previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of €200.0k in 2026. Average annual earnings growth of 96% is required to achieve expected profit on schedule.분석 기사 • Jan 15Improved Revenues Required Before INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) Stock's 29% Jump Looks JustifiedINTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ) shares have had a really impressive month, gaining 29% after a...분석 기사 • Jan 13Is INTERSHOP Communications (ETR:ISHA) Using Debt In A Risky Way?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...공시 • Jan 05INTERSHOP Communications Aktiengesellschaft to Report Fiscal Year 2025 Results on Feb 18, 2026INTERSHOP Communications Aktiengesellschaft announced that they will report fiscal year 2025 results on Feb 18, 2026Reported Earnings • Oct 23Third quarter 2025 earnings released: €0.04 loss per share (vs €0.06 profit in 3Q 2024)Third quarter 2025 results: €0.04 loss per share (down from €0.06 profit in 3Q 2024). Revenue: €7.99m (down 25% from 3Q 2024). Net loss: €610.0k (down 168% from profit in 3Q 2024). Revenue is forecast to grow 4.4% 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 45% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.Breakeven Date Change • Oct 22The 3 analysts covering INTERSHOP Communications previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 31% per year to 2026. The company is expected to make a profit of €1.00m in 2027. Average annual earnings growth of 123% is required to achieve expected profit on schedule.Buy Or Sell Opportunity • Sep 03Now 22% overvaluedOver the last 90 days, the stock has fallen 22% to €1.36. The fair value is estimated to be €1.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to decline by 5.6% in a year. Earnings are forecast to decline by 71% in the next year.공시 • Sep 03INTERSHOP Communications Aktiengesellschaft has filed a Follow-on Equity Offering in the amount of €4.374684 million.INTERSHOP Communications Aktiengesellschaft has filed a Follow-on Equity Offering in the amount of €4.374684 million. Security Name: Shares Security Type: Common Stock Securities Offered: 4,374,684 Price\Range: €1 Transaction Features: Rights OfferingNew Risk • Sep 01New 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 8.3% 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 (8.3% average weekly change). Market cap is less than US$100m (€20.3m market cap, or US$23.7m).분석 기사 • Aug 31INTERSHOP Communications Aktiengesellschaft's (ETR:ISHA) Shares Lagging The Industry But So Is The BusinessINTERSHOP Communications Aktiengesellschaft's ( ETR:ISHA ) price-to-sales (or "P/S") ratio of 0.5x might make it look...Breakeven Date Change • Aug 05Forecast breakeven date pushed back to 2027The 3 analysts covering INTERSHOP Communications previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of €1.00m in 2027. Average annual earnings growth of 81% is required to achieve expected profit on schedule.Price Target Changed • Jul 25Price target decreased by 9.5% to €2.53Down from €2.80, the current price target is an average from 3 analysts. New target price is 74% above last closing price of €1.46. Stock is down 27% over the past year. The company is forecast to post a net loss per share of €0.12 next year compared to a net loss per share of €0.024 last year.Reported Earnings • Jul 24Second quarter 2025 earnings released: €0.07 loss per share (vs €0.037 loss in 2Q 2024)Second quarter 2025 results: €0.07 loss per share (further deteriorated from €0.037 loss in 2Q 2024). Revenue: €8.10m (down 15% from 2Q 2024). Net loss: €1.05m (loss widened 93% from 2Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Breakeven Date Change • Jul 23The 3 analysts covering INTERSHOP Communications previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of €266.5k in 2026. Average annual earnings growth of 93% is required to achieve expected profit on schedule.Major Estimate Revision • Jul 22Consensus EPS estimates fall by 2,432%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €36.3m to €35.4m. Losses expected to increase from €0.0023 per share to €0.059. Software industry in Germany expected to see average net income growth of 21% next year. Consensus price target down from €2.80 to €2.67. Share price fell 18% to €1.43 over the past week.Price Target Changed • Jul 21Price target decreased by 9.1% to €2.67Down from €2.93, the current price target is an average from 3 analysts. New target price is 81% above last closing price of €1.47. Stock is down 28% over the past year. The company is forecast to post a net loss per share of €0.059 next year compared to a net loss per share of €0.024 last year.Breakeven Date Change • Jul 21Forecast breakeven date pushed back to 2026The 3 analysts covering INTERSHOP Communications previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of €266.5k in 2026. Average annual earnings growth of 73% is required to achieve expected profit on schedule.분석 기사 • Jul 19INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) Shares Could Be 38% Below Their Intrinsic Value EstimateKey Insights The projected fair value for INTERSHOP Communications is €2.31 based on 2 Stage Free Cash Flow to Equity...Buy Or Sell Opportunity • Jun 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €1.76. The fair value is estimated to be €2.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Breakeven Date Change • May 28Forecast to breakeven in 2025The 3 analysts covering INTERSHOP Communications expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €100.0k in 2025. Earnings growth of 68% is required to achieve expected profit on schedule.Reported Earnings • May 05First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: €9.14m (down 3.5% from 1Q 2024). Net loss: €68.0k (loss narrowed 36% from 1Q 2024). Revenue is forecast to grow 4.4% 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 fallen by 5% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.Breakeven Date Change • May 04The 3 analysts covering INTERSHOP Communications previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of €417.5k in 2025. Earnings growth of 61% is required to achieve expected profit on schedule.공시 • Apr 07INTERSHOP Communications Aktiengesellschaft, Annual General Meeting, May 16, 2025INTERSHOP Communications Aktiengesellschaft, Annual General Meeting, May 16, 2025, at 10:00 W. Europe Standard Time.Reported Earnings • Mar 13Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: €0.02 loss per share (improved from €0.21 loss in FY 2023). Revenue: €38.8m (up 2.0% from FY 2023). Net loss: €353.0k (loss narrowed 89% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 99%. Revenue is forecast to grow 4.0% 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 fallen by 22% per year whereas the company’s share price has fallen by 20% per year.공시 • Mar 06INTERSHOP Communications Aktiengesellschaft to Report Fiscal Year 2024 Final Results on Mar 12, 2025INTERSHOP Communications Aktiengesellschaft announced that they will report fiscal year 2024 final results on Mar 12, 2025New Risk • Mar 03New 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 7.4% 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 (7.4% average weekly change). Market cap is less than US$100m (€31.2m market cap, or US$32.8m).분석 기사 • Feb 12Is INTERSHOP Communications (ETR:ISHA) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Dec 16Is INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) Trading At A 41% Discount?Key Insights The projected fair value for INTERSHOP Communications is €2.91 based on 2 Stage Free Cash Flow to Equity...Price Target Changed • Nov 19Price target increased by 7.7% to €2.80Up from €2.60, the current price target is an average from 3 analysts. New target price is 45% above last closing price of €1.93. Stock is up 32% over the past year. The company is forecast to post a net loss per share of €0.014 next year compared to a net loss per share of €0.21 last year.Reported Earnings • Oct 23Third quarter 2024 earnings released: EPS: €0.06 (vs €0.05 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.06 (up from €0.05 loss in 3Q 2023). Revenue: €10.7m (up 16% from 3Q 2023). Net income: €904.0k (up €1.70m from 3Q 2023). Profit margin: 8.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 6.4% 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 fallen by 51% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.공시 • Oct 23Intershop Communications Aktiengesellschaft Provides Earnings Guidance for the Full Year 2024INTERSHOP Communications Aktiengesellschaft provided earnings guidance for the full year 2024. For the year, the company projects a moderate increase in revenues (previous year: EUR 38.0 million) and a break-even operating result (EBIT).공시 • Oct 22+ 3 more updatesINTERSHOP Communications Aktiengesellschaft to Report Q4, 2024 Results on Feb 19, 2025INTERSHOP Communications Aktiengesellschaft announced that they will report Q4, 2024 results on Feb 19, 2025Reported Earnings • Jul 25Second quarter 2024 earnings released: €0.04 loss per share (vs €0.007 loss in 2Q 2023)Second quarter 2024 results: €0.04 loss per share (further deteriorated from €0.007 loss in 2Q 2023). Revenue: €9.56m (down 9.2% from 2Q 2023). Net loss: €545.0k (loss widened 419% from 2Q 2023). Revenue is forecast to grow 6.7% 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, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.Price Target Changed • Apr 26Price target increased by 8.3% to €2.60Up from €2.40, the current price target is an average from 2 analysts. New target price is 35% above last closing price of €1.93. Stock is down 18% over the past year. The company is forecast to post a net loss per share of €0.017 next year compared to a net loss per share of €0.21 last year.Reported Earnings • Apr 24First quarter 2024 earnings released: €0.01 loss per share (vs €0.07 loss in 1Q 2023)First quarter 2024 results: €0.01 loss per share (improved from €0.07 loss in 1Q 2023). Revenue: €9.47m (up 6.8% from 1Q 2023). Net loss: €106.0k (loss narrowed 90% from 1Q 2023). Revenue is forecast to grow 6.6% 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, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.New Risk • Apr 24New 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 7.0% 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 (7.0% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (€27.4m market cap, or US$29.3m).분석 기사 • Apr 09There's No Escaping INTERSHOP Communications Aktiengesellschaft's (ETR:ISHA) Muted Revenues Despite A 26% Share Price RiseThose holding INTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ) shares would be relieved that the share price...공시 • Apr 05INTERSHOP Communications Aktiengesellschaft, Annual General Meeting, May 16, 2024INTERSHOP Communications Aktiengesellschaft, Annual General Meeting, May 16, 2024, at 10:00 Central European Standard Time. Location: the Company´s premises, Steinweg 10 Jena Germany공시 • Mar 15+ 2 more updatesINTERSHOP Communications Aktiengesellschaft to Report First Half, 2024 Results on Jul 24, 2024INTERSHOP Communications Aktiengesellschaft announced that they will report first half, 2024 results on Jul 24, 2024공시 • Mar 13INTERSHOP Communications Aktiengesellschaft to Report Fiscal Year 2023 Results on Mar 22, 2024INTERSHOP Communications Aktiengesellschaft announced that they will report fiscal year 2023 results on Mar 22, 2024Major Estimate Revision • Mar 05Consensus EPS estimates fall by 106%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €39.1m to €39.9m. Forecast EPS reduced from -€0.03 to -€0.062 per share. Software industry in Germany expected to see average net income growth of 14% next year. Consensus price target of €2.40 unchanged from last update. Share price fell 9.1% to €1.55 over the past week.New Risk • Feb 27New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: €3.1m Forecast net loss in 1 year: €400k 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 next year (€400k net loss next year). Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (€24.8m market cap, or US$26.9m).분석 기사 • Feb 18A Look At The Intrinsic Value Of INTERSHOP Communications Aktiengesellschaft (ETR:ISHA)Key Insights The projected fair value for INTERSHOP Communications is €1.92 based on 2 Stage Free Cash Flow to Equity...분석 기사 • Dec 28Market Might Still Lack Some Conviction On INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) Even After 26% Share Price BoostThe INTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ) share price has done very well over the last month...분석 기사 • Nov 08Is INTERSHOP Communications (ETR:ISHA) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Major Estimate Revision • Nov 02Consensus EPS estimates fall by 42%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €38.3m to €37.9m. Losses expected to increase from €0.12 per share to €0.17. Software industry in Germany expected to see average net income growth of 13% next year. Consensus price target down from €2.50 to €2.40. Share price was steady at €1.53 over the past week.Reported Earnings • Oct 27Third quarter 2023 earnings released: €0.05 loss per share (vs €0.05 loss in 3Q 2022)Third quarter 2023 results: €0.05 loss per share (in line with 3Q 2022). Revenue: €9.25m (up 2.3% from 3Q 2022). Net loss: €794.0k (loss widened 16% from 3Q 2022). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.7% 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 67 percentage points per year, which is a significant difference in performance.New Risk • Aug 15New 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 Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (€24.4m market cap, or US$26.6m).Reported Earnings • Jul 31Second quarter 2023 earnings released: €0.007 loss per share (vs €0.048 loss in 2Q 2022)Second quarter 2023 results: €0.007 loss per share (improved from €0.048 loss in 2Q 2022). Revenue: €10.5m (up 13% from 2Q 2022). Net loss: €105.0k (loss narrowed 85% from 2Q 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Jul 28Consensus EPS estimates fall by 361%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €40.5m to €38.0m. Losses expected to increase from €0.026 per share to €0.12. Software industry in Germany expected to see average net income growth of 17% next year. Consensus price target down from €4.95 to €4.25. Share price rose 3.4% to €1.95 over the past week.Price Target Changed • Jul 27Price target decreased by 15% to €4.25Down from €5.00, the current price target is an average from 2 analysts. New target price is 130% above last closing price of €1.85. Stock is down 44% over the past year. The company is forecast to post a net loss per share of €0.026 next year compared to a net loss per share of €0.25 last year.New Risk • Jul 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% 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 Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (€27.8m market cap, or US$30.8m).분석 기사 • Jul 18Is INTERSHOP Communications (ETR:ISHA) Weighed On By Its Debt Load?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • Jul 15INTERSHOP Communications Aktiengesellschaft Revises Earnings Guidance for the Year 2023INTERSHOP Communications Aktiengesellschaft revised earnings guidance for the year 2023. The company now projects moderate revenue growth and a negative operating result (EBIT) improved compared to the previous year (previous year: EUR -2.9 million) for the full year 2023. Previously, the company expected an increase in revenues of more than 10% and a balanced operating result. Net new ARR is expected to be between EUR 1.5 million and EUR 2.5 million (previous year: EUR 3.2 million). Previously, an increase of more than 10% was forecast for both indicators.분석 기사 • Jan 21INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) Shares Could Be 34% Below Their Intrinsic Value EstimateKey Insights INTERSHOP Communications' estimated fair value is €4.5 based on 2 Stage Free Cash Flow to Equity Current...Buying Opportunity • Dec 08Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €3.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 6.6% in a year. Earnings is forecast to grow by 41% in the next year.공시 • Nov 17+ 4 more updatesINTERSHOP Communications Aktiengesellschaft to Report Q2, 2023 Results on Jul 26, 2023INTERSHOP Communications Aktiengesellschaft announced that they will report Q2, 2023 results on Jul 26, 2023Price Target Changed • Nov 16Price target decreased to €5.00Down from €5.40, the current price target is an average from 2 analysts. New target price is 85% above last closing price of €2.70. Stock is down 47% over the past year. The company is forecast to post a net loss per share of €0.20 compared to earnings per share of €0.057 last year.Reported Earnings • Oct 30Third quarter 2022 earnings released: €0.05 loss per share (vs €0.002 profit in 3Q 2021)Third quarter 2022 results: €0.05 loss per share (down from €0.002 profit in 3Q 2021). Revenue: €9.04m (up 9.0% from 3Q 2021). Net loss: €682.0k (down €720.0k from profit in 3Q 2021). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Oct 29Consensus EPS estimates fall by 64%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €37.5m to €37.0m. Losses expected to increase from €0.12 per share to €0.19. Software industry in Germany expected to see average net income growth of 21% next year. Consensus price target down from €5.40 to €5.00. Share price fell 3.0% to €2.95 over the past week.Price Target Changed • Oct 27Price target decreased to €5.00Down from €5.50, the current price target is an average from 2 analysts. New target price is 67% above last closing price of €2.99. Stock is down 37% over the past year. The company is forecast to post a net loss per share of €0.12 compared to earnings per share of €0.057 last year.Price Target Changed • Sep 30Price target decreased to €5.40Down from €5.85, the current price target is an average from 2 analysts. New target price is 86% above last closing price of €2.91. Stock is down 42% over the past year. The company is forecast to post earnings per share of €0.032 for next year compared to €0.057 last year.분석 기사 • Jul 30Earnings Report: INTERSHOP Communications Aktiengesellschaft Missed Revenue Estimates By 14%INTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ) shareholders are probably feeling a little disappointed, since...Reported Earnings • Jul 28Second quarter 2022 earnings released: €0.048 loss per share (vs €0.037 profit in 2Q 2021)Second quarter 2022 results: €0.048 loss per share (down from €0.037 profit in 2Q 2021). Revenue: €9.31m (down 1.7% from 2Q 2021). Net loss: €685.0k (down 231% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Buying Opportunity • Jun 27Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €4.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 60% per annum over the same time period.분석 기사 • Jun 15Returns On Capital At INTERSHOP Communications (ETR:ISHA) Have Hit The BrakesIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...공시 • May 12INTERSHOP Communications Aktiengesellschaft Elects Oliver Bendig as Fourth Supervisory Board MemberINTERSHOP Communications Aktiengesellschaft announced that shareholders elected Mr. Oliver Bendig, CEO of Matrix42 AG, as member of the Supervisory Board. Before joining Matrix42 in 2009, he was responsible for international product management at several German and US software vendors.Major Estimate Revision • May 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.08 to €0.03. Revenue forecast unchanged from €39.7m at last update. Net income forecast to grow 12% next year vs 14% growth forecast for Software industry in Germany. Consensus price target of €5.85 unchanged from last update. Share price fell 2.3% to €4.58 over the past week.Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: €0.01 loss per share (down from €0.01 profit in 1Q 2021). Revenue: €9.21m (up 4.4% from 1Q 2021). Net loss: €132.0k (down 165% from profit in 1Q 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 12%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Apr 19Now 23% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €6.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings is also forecast to grow by 41% per annum over the same time period.분석 기사 • Apr 08After Leaping 28% INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) Shares Are Not Flying Under The RadarINTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ) shares have had a really impressive month, gaining 28% after a...Major Estimate Revision • Mar 05Consensus EPS estimates increase by 40%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €39.7m to €42.6m. EPS estimate increased from €0.08 to €0.11 per share. Net income forecast to grow 96% next year vs 22% growth forecast for Software industry in Germany. Consensus price target of €5.85 unchanged from last update. Share price fell 2.7% to €3.91 over the past week.분석 기사 • Mar 02Need To Know: Analysts Just Made A Substantial Cut To Their INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) EstimatesToday is shaping up negative for INTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ) shareholders, with the...Major Estimate Revision • Mar 02Consensus revenue estimates fall by 13%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from €45.6m to €39.7m. EPS estimate fell from €0.15 to €0.08 per share. Net income forecast to grow 168% next year vs 31% growth forecast for Software industry in Germany. Consensus price target of €5.85 unchanged from last update. Share price fell 5.6% to €3.87 over the past week.Major Estimate Revision • Feb 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €42.2m to €42.6m. EPS estimate fell from €0.13 to €0.11 per share. Net income forecast to grow 96% next year vs 30% growth forecast for Software industry in Germany. Consensus price target broadly unchanged at €5.85. Share price fell 5.9% to €3.96 over the past week.Reported Earnings • Feb 22Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: €0.06 (up from €0.056 in FY 2020). Revenue: €36.0m (up 7.1% from FY 2020). Net income: €810.0k (up 2.1% from FY 2020). Profit margin: 2.3% (down from 2.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 32%. Over the next year, revenue is forecast to grow 27%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Major Estimate Revision • Feb 09Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €35.7m to €36.6m. EPS estimate fell from €0.10 to €0.09 per share. Net income forecast to grow 44% next year vs 31% growth forecast for Software industry in Germany. Consensus price target of €5.95 unchanged from last update. Share price rose 2.3% to €3.98 over the past week.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to €3.40, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 31x in the Software industry in Germany. Total loss to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.92 per share.재무 상태 분석단기부채: ISHA 의 단기 자산 ( €15.2M )이 단기 부채( €13.9M ).장기 부채: ISHA의 단기 자산(€15.2M)이 장기 부채(€8.8M)를 초과합니다.부채/자본 비율 추이 및 분석부채 수준: ISHA 총 부채보다 더 많은 현금을 보유하고 있습니다.부채 감소: ISHA의 부채 대비 자본 비율은 지난 5년 동안 26.2%에서 16.1%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 ISHA 현재의 플러스 무료 현금 흐름 수준을 유지한다면 3년 이상 충분한 현금 활주로를 보유하고 있습니다.예측 현금 활주로: ISHA 은(는) 수익성이 없지만 잉여 현금 흐름이 긍정적이고 매년 1.3 %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 분석2026/07/03 12:03종가2026/07/03 00:00수익2026/03/31연간 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스INTERSHOP Communications Aktiengesellschaft는 4명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Alexander Zienkowiczmwb research AGKnud HinkelPareto SecuritiesDustin MildnerPareto Securities1명의 분석가 더 보기
분석 기사 • Jan 13Is INTERSHOP Communications (ETR:ISHA) Using Debt In A Risky Way?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
분석 기사 • Feb 12Is INTERSHOP Communications (ETR:ISHA) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Nov 08Is INTERSHOP Communications (ETR:ISHA) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Jul 18Is INTERSHOP Communications (ETR:ISHA) Weighed On By Its Debt Load?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Jun 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 10% 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 (10% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Market cap is less than US$100m (€28.4m market cap, or US$32.9m).
Reported Earnings • Apr 22First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €7.94m (down 13% from 1Q 2025). Net loss: €18.0k (loss narrowed 74% from 1Q 2025). Revenue is forecast to grow 4.7% 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 45% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
공시 • Apr 08INTERSHOP Communications Aktiengesellschaft, Annual General Meeting, May 19, 2026INTERSHOP Communications Aktiengesellschaft, Annual General Meeting, May 19, 2026, at 10:00 W. Europe Standard Time.
Major Estimate Revision • Apr 07Consensus EPS estimates upgraded to €0.01 lossThe consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -€0.03 to -€0.01 per share. Revenue forecast steady at €32.6m. Software industry in Germany expected to see average net income growth of 24% next year. Consensus price target of €1.83 unchanged from last update. Share price fell 3.9% to €0.98 over the past week.
Reported Earnings • Mar 12Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: €0.21 loss per share (further deteriorated from €0.024 loss in FY 2024). Revenue: €33.3m (down 14% from FY 2024). Net loss: €3.22m (loss widened €2.87m from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
공시 • Mar 12+ 2 more updatesINTERSHOP Communications Aktiengesellschaft to Report Q3, 2026 Results on Oct 21, 2026INTERSHOP Communications Aktiengesellschaft announced that they will report Q3, 2026 results on Oct 21, 2026
공시 • Mar 05INTERSHOP Communications Aktiengesellschaft to Report Fiscal Year 2025 Final Results on Mar 12, 2026INTERSHOP Communications Aktiengesellschaft announced that they will report fiscal year 2025 final results on Mar 12, 2026
New Risk • Feb 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 7.9% 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 Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (€17.8m market cap, or US$21.1m).
Buy Or Sell Opportunity • Feb 05Now 24% undervaluedOver the last 90 days, the stock has risen 23% to €1.27. The fair value is estimated to be €1.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 2.5% in a year. Earnings are forecast to grow by 71% in the next year.
Breakeven Date Change • Jan 19Forecast breakeven date moved forward to 2026The 3 analysts covering INTERSHOP Communications previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of €200.0k in 2026. Average annual earnings growth of 96% is required to achieve expected profit on schedule.
분석 기사 • Jan 15Improved Revenues Required Before INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) Stock's 29% Jump Looks JustifiedINTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ) shares have had a really impressive month, gaining 29% after a...
분석 기사 • Jan 13Is INTERSHOP Communications (ETR:ISHA) Using Debt In A Risky Way?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
공시 • Jan 05INTERSHOP Communications Aktiengesellschaft to Report Fiscal Year 2025 Results on Feb 18, 2026INTERSHOP Communications Aktiengesellschaft announced that they will report fiscal year 2025 results on Feb 18, 2026
Reported Earnings • Oct 23Third quarter 2025 earnings released: €0.04 loss per share (vs €0.06 profit in 3Q 2024)Third quarter 2025 results: €0.04 loss per share (down from €0.06 profit in 3Q 2024). Revenue: €7.99m (down 25% from 3Q 2024). Net loss: €610.0k (down 168% from profit in 3Q 2024). Revenue is forecast to grow 4.4% 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 45% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
Breakeven Date Change • Oct 22The 3 analysts covering INTERSHOP Communications previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 31% per year to 2026. The company is expected to make a profit of €1.00m in 2027. Average annual earnings growth of 123% is required to achieve expected profit on schedule.
Buy Or Sell Opportunity • Sep 03Now 22% overvaluedOver the last 90 days, the stock has fallen 22% to €1.36. The fair value is estimated to be €1.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to decline by 5.6% in a year. Earnings are forecast to decline by 71% in the next year.
공시 • Sep 03INTERSHOP Communications Aktiengesellschaft has filed a Follow-on Equity Offering in the amount of €4.374684 million.INTERSHOP Communications Aktiengesellschaft has filed a Follow-on Equity Offering in the amount of €4.374684 million. Security Name: Shares Security Type: Common Stock Securities Offered: 4,374,684 Price\Range: €1 Transaction Features: Rights Offering
New Risk • Sep 01New 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 8.3% 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 (8.3% average weekly change). Market cap is less than US$100m (€20.3m market cap, or US$23.7m).
분석 기사 • Aug 31INTERSHOP Communications Aktiengesellschaft's (ETR:ISHA) Shares Lagging The Industry But So Is The BusinessINTERSHOP Communications Aktiengesellschaft's ( ETR:ISHA ) price-to-sales (or "P/S") ratio of 0.5x might make it look...
Breakeven Date Change • Aug 05Forecast breakeven date pushed back to 2027The 3 analysts covering INTERSHOP Communications previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of €1.00m in 2027. Average annual earnings growth of 81% is required to achieve expected profit on schedule.
Price Target Changed • Jul 25Price target decreased by 9.5% to €2.53Down from €2.80, the current price target is an average from 3 analysts. New target price is 74% above last closing price of €1.46. Stock is down 27% over the past year. The company is forecast to post a net loss per share of €0.12 next year compared to a net loss per share of €0.024 last year.
Reported Earnings • Jul 24Second quarter 2025 earnings released: €0.07 loss per share (vs €0.037 loss in 2Q 2024)Second quarter 2025 results: €0.07 loss per share (further deteriorated from €0.037 loss in 2Q 2024). Revenue: €8.10m (down 15% from 2Q 2024). Net loss: €1.05m (loss widened 93% from 2Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Breakeven Date Change • Jul 23The 3 analysts covering INTERSHOP Communications previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of €266.5k in 2026. Average annual earnings growth of 93% is required to achieve expected profit on schedule.
Major Estimate Revision • Jul 22Consensus EPS estimates fall by 2,432%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €36.3m to €35.4m. Losses expected to increase from €0.0023 per share to €0.059. Software industry in Germany expected to see average net income growth of 21% next year. Consensus price target down from €2.80 to €2.67. Share price fell 18% to €1.43 over the past week.
Price Target Changed • Jul 21Price target decreased by 9.1% to €2.67Down from €2.93, the current price target is an average from 3 analysts. New target price is 81% above last closing price of €1.47. Stock is down 28% over the past year. The company is forecast to post a net loss per share of €0.059 next year compared to a net loss per share of €0.024 last year.
Breakeven Date Change • Jul 21Forecast breakeven date pushed back to 2026The 3 analysts covering INTERSHOP Communications previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of €266.5k in 2026. Average annual earnings growth of 73% is required to achieve expected profit on schedule.
분석 기사 • Jul 19INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) Shares Could Be 38% Below Their Intrinsic Value EstimateKey Insights The projected fair value for INTERSHOP Communications is €2.31 based on 2 Stage Free Cash Flow to Equity...
Buy Or Sell Opportunity • Jun 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €1.76. The fair value is estimated to be €2.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Breakeven Date Change • May 28Forecast to breakeven in 2025The 3 analysts covering INTERSHOP Communications expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €100.0k in 2025. Earnings growth of 68% is required to achieve expected profit on schedule.
Reported Earnings • May 05First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: €9.14m (down 3.5% from 1Q 2024). Net loss: €68.0k (loss narrowed 36% from 1Q 2024). Revenue is forecast to grow 4.4% 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 fallen by 5% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.
Breakeven Date Change • May 04The 3 analysts covering INTERSHOP Communications previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of €417.5k in 2025. Earnings growth of 61% is required to achieve expected profit on schedule.
공시 • Apr 07INTERSHOP Communications Aktiengesellschaft, Annual General Meeting, May 16, 2025INTERSHOP Communications Aktiengesellschaft, Annual General Meeting, May 16, 2025, at 10:00 W. Europe Standard Time.
Reported Earnings • Mar 13Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: €0.02 loss per share (improved from €0.21 loss in FY 2023). Revenue: €38.8m (up 2.0% from FY 2023). Net loss: €353.0k (loss narrowed 89% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 99%. Revenue is forecast to grow 4.0% 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 fallen by 22% per year whereas the company’s share price has fallen by 20% per year.
공시 • Mar 06INTERSHOP Communications Aktiengesellschaft to Report Fiscal Year 2024 Final Results on Mar 12, 2025INTERSHOP Communications Aktiengesellschaft announced that they will report fiscal year 2024 final results on Mar 12, 2025
New Risk • Mar 03New 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 7.4% 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 (7.4% average weekly change). Market cap is less than US$100m (€31.2m market cap, or US$32.8m).
분석 기사 • Feb 12Is INTERSHOP Communications (ETR:ISHA) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Dec 16Is INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) Trading At A 41% Discount?Key Insights The projected fair value for INTERSHOP Communications is €2.91 based on 2 Stage Free Cash Flow to Equity...
Price Target Changed • Nov 19Price target increased by 7.7% to €2.80Up from €2.60, the current price target is an average from 3 analysts. New target price is 45% above last closing price of €1.93. Stock is up 32% over the past year. The company is forecast to post a net loss per share of €0.014 next year compared to a net loss per share of €0.21 last year.
Reported Earnings • Oct 23Third quarter 2024 earnings released: EPS: €0.06 (vs €0.05 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.06 (up from €0.05 loss in 3Q 2023). Revenue: €10.7m (up 16% from 3Q 2023). Net income: €904.0k (up €1.70m from 3Q 2023). Profit margin: 8.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 6.4% 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 fallen by 51% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
공시 • Oct 23Intershop Communications Aktiengesellschaft Provides Earnings Guidance for the Full Year 2024INTERSHOP Communications Aktiengesellschaft provided earnings guidance for the full year 2024. For the year, the company projects a moderate increase in revenues (previous year: EUR 38.0 million) and a break-even operating result (EBIT).
공시 • Oct 22+ 3 more updatesINTERSHOP Communications Aktiengesellschaft to Report Q4, 2024 Results on Feb 19, 2025INTERSHOP Communications Aktiengesellschaft announced that they will report Q4, 2024 results on Feb 19, 2025
Reported Earnings • Jul 25Second quarter 2024 earnings released: €0.04 loss per share (vs €0.007 loss in 2Q 2023)Second quarter 2024 results: €0.04 loss per share (further deteriorated from €0.007 loss in 2Q 2023). Revenue: €9.56m (down 9.2% from 2Q 2023). Net loss: €545.0k (loss widened 419% from 2Q 2023). Revenue is forecast to grow 6.7% 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, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
Price Target Changed • Apr 26Price target increased by 8.3% to €2.60Up from €2.40, the current price target is an average from 2 analysts. New target price is 35% above last closing price of €1.93. Stock is down 18% over the past year. The company is forecast to post a net loss per share of €0.017 next year compared to a net loss per share of €0.21 last year.
Reported Earnings • Apr 24First quarter 2024 earnings released: €0.01 loss per share (vs €0.07 loss in 1Q 2023)First quarter 2024 results: €0.01 loss per share (improved from €0.07 loss in 1Q 2023). Revenue: €9.47m (up 6.8% from 1Q 2023). Net loss: €106.0k (loss narrowed 90% from 1Q 2023). Revenue is forecast to grow 6.6% 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, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
New Risk • Apr 24New 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 7.0% 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 (7.0% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (€27.4m market cap, or US$29.3m).
분석 기사 • Apr 09There's No Escaping INTERSHOP Communications Aktiengesellschaft's (ETR:ISHA) Muted Revenues Despite A 26% Share Price RiseThose holding INTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ) shares would be relieved that the share price...
공시 • Apr 05INTERSHOP Communications Aktiengesellschaft, Annual General Meeting, May 16, 2024INTERSHOP Communications Aktiengesellschaft, Annual General Meeting, May 16, 2024, at 10:00 Central European Standard Time. Location: the Company´s premises, Steinweg 10 Jena Germany
공시 • Mar 15+ 2 more updatesINTERSHOP Communications Aktiengesellschaft to Report First Half, 2024 Results on Jul 24, 2024INTERSHOP Communications Aktiengesellschaft announced that they will report first half, 2024 results on Jul 24, 2024
공시 • Mar 13INTERSHOP Communications Aktiengesellschaft to Report Fiscal Year 2023 Results on Mar 22, 2024INTERSHOP Communications Aktiengesellschaft announced that they will report fiscal year 2023 results on Mar 22, 2024
Major Estimate Revision • Mar 05Consensus EPS estimates fall by 106%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €39.1m to €39.9m. Forecast EPS reduced from -€0.03 to -€0.062 per share. Software industry in Germany expected to see average net income growth of 14% next year. Consensus price target of €2.40 unchanged from last update. Share price fell 9.1% to €1.55 over the past week.
New Risk • Feb 27New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: €3.1m Forecast net loss in 1 year: €400k 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 next year (€400k net loss next year). Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (€24.8m market cap, or US$26.9m).
분석 기사 • Feb 18A Look At The Intrinsic Value Of INTERSHOP Communications Aktiengesellschaft (ETR:ISHA)Key Insights The projected fair value for INTERSHOP Communications is €1.92 based on 2 Stage Free Cash Flow to Equity...
분석 기사 • Dec 28Market Might Still Lack Some Conviction On INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) Even After 26% Share Price BoostThe INTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ) share price has done very well over the last month...
분석 기사 • Nov 08Is INTERSHOP Communications (ETR:ISHA) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Major Estimate Revision • Nov 02Consensus EPS estimates fall by 42%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €38.3m to €37.9m. Losses expected to increase from €0.12 per share to €0.17. Software industry in Germany expected to see average net income growth of 13% next year. Consensus price target down from €2.50 to €2.40. Share price was steady at €1.53 over the past week.
Reported Earnings • Oct 27Third quarter 2023 earnings released: €0.05 loss per share (vs €0.05 loss in 3Q 2022)Third quarter 2023 results: €0.05 loss per share (in line with 3Q 2022). Revenue: €9.25m (up 2.3% from 3Q 2022). Net loss: €794.0k (loss widened 16% from 3Q 2022). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.7% 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 67 percentage points per year, which is a significant difference in performance.
New Risk • Aug 15New 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 Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (€24.4m market cap, or US$26.6m).
Reported Earnings • Jul 31Second quarter 2023 earnings released: €0.007 loss per share (vs €0.048 loss in 2Q 2022)Second quarter 2023 results: €0.007 loss per share (improved from €0.048 loss in 2Q 2022). Revenue: €10.5m (up 13% from 2Q 2022). Net loss: €105.0k (loss narrowed 85% from 2Q 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Jul 28Consensus EPS estimates fall by 361%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €40.5m to €38.0m. Losses expected to increase from €0.026 per share to €0.12. Software industry in Germany expected to see average net income growth of 17% next year. Consensus price target down from €4.95 to €4.25. Share price rose 3.4% to €1.95 over the past week.
Price Target Changed • Jul 27Price target decreased by 15% to €4.25Down from €5.00, the current price target is an average from 2 analysts. New target price is 130% above last closing price of €1.85. Stock is down 44% over the past year. The company is forecast to post a net loss per share of €0.026 next year compared to a net loss per share of €0.25 last year.
New Risk • Jul 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% 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 Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (€27.8m market cap, or US$30.8m).
분석 기사 • Jul 18Is INTERSHOP Communications (ETR:ISHA) Weighed On By Its Debt Load?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Jul 15INTERSHOP Communications Aktiengesellschaft Revises Earnings Guidance for the Year 2023INTERSHOP Communications Aktiengesellschaft revised earnings guidance for the year 2023. The company now projects moderate revenue growth and a negative operating result (EBIT) improved compared to the previous year (previous year: EUR -2.9 million) for the full year 2023. Previously, the company expected an increase in revenues of more than 10% and a balanced operating result. Net new ARR is expected to be between EUR 1.5 million and EUR 2.5 million (previous year: EUR 3.2 million). Previously, an increase of more than 10% was forecast for both indicators.
분석 기사 • Jan 21INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) Shares Could Be 34% Below Their Intrinsic Value EstimateKey Insights INTERSHOP Communications' estimated fair value is €4.5 based on 2 Stage Free Cash Flow to Equity Current...
Buying Opportunity • Dec 08Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €3.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 6.6% in a year. Earnings is forecast to grow by 41% in the next year.
공시 • Nov 17+ 4 more updatesINTERSHOP Communications Aktiengesellschaft to Report Q2, 2023 Results on Jul 26, 2023INTERSHOP Communications Aktiengesellschaft announced that they will report Q2, 2023 results on Jul 26, 2023
Price Target Changed • Nov 16Price target decreased to €5.00Down from €5.40, the current price target is an average from 2 analysts. New target price is 85% above last closing price of €2.70. Stock is down 47% over the past year. The company is forecast to post a net loss per share of €0.20 compared to earnings per share of €0.057 last year.
Reported Earnings • Oct 30Third quarter 2022 earnings released: €0.05 loss per share (vs €0.002 profit in 3Q 2021)Third quarter 2022 results: €0.05 loss per share (down from €0.002 profit in 3Q 2021). Revenue: €9.04m (up 9.0% from 3Q 2021). Net loss: €682.0k (down €720.0k from profit in 3Q 2021). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Oct 29Consensus EPS estimates fall by 64%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €37.5m to €37.0m. Losses expected to increase from €0.12 per share to €0.19. Software industry in Germany expected to see average net income growth of 21% next year. Consensus price target down from €5.40 to €5.00. Share price fell 3.0% to €2.95 over the past week.
Price Target Changed • Oct 27Price target decreased to €5.00Down from €5.50, the current price target is an average from 2 analysts. New target price is 67% above last closing price of €2.99. Stock is down 37% over the past year. The company is forecast to post a net loss per share of €0.12 compared to earnings per share of €0.057 last year.
Price Target Changed • Sep 30Price target decreased to €5.40Down from €5.85, the current price target is an average from 2 analysts. New target price is 86% above last closing price of €2.91. Stock is down 42% over the past year. The company is forecast to post earnings per share of €0.032 for next year compared to €0.057 last year.
분석 기사 • Jul 30Earnings Report: INTERSHOP Communications Aktiengesellschaft Missed Revenue Estimates By 14%INTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ) shareholders are probably feeling a little disappointed, since...
Reported Earnings • Jul 28Second quarter 2022 earnings released: €0.048 loss per share (vs €0.037 profit in 2Q 2021)Second quarter 2022 results: €0.048 loss per share (down from €0.037 profit in 2Q 2021). Revenue: €9.31m (down 1.7% from 2Q 2021). Net loss: €685.0k (down 231% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Buying Opportunity • Jun 27Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €4.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 60% per annum over the same time period.
분석 기사 • Jun 15Returns On Capital At INTERSHOP Communications (ETR:ISHA) Have Hit The BrakesIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
공시 • May 12INTERSHOP Communications Aktiengesellschaft Elects Oliver Bendig as Fourth Supervisory Board MemberINTERSHOP Communications Aktiengesellschaft announced that shareholders elected Mr. Oliver Bendig, CEO of Matrix42 AG, as member of the Supervisory Board. Before joining Matrix42 in 2009, he was responsible for international product management at several German and US software vendors.
Major Estimate Revision • May 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.08 to €0.03. Revenue forecast unchanged from €39.7m at last update. Net income forecast to grow 12% next year vs 14% growth forecast for Software industry in Germany. Consensus price target of €5.85 unchanged from last update. Share price fell 2.3% to €4.58 over the past week.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: €0.01 loss per share (down from €0.01 profit in 1Q 2021). Revenue: €9.21m (up 4.4% from 1Q 2021). Net loss: €132.0k (down 165% from profit in 1Q 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 12%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Apr 19Now 23% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €6.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings is also forecast to grow by 41% per annum over the same time period.
분석 기사 • Apr 08After Leaping 28% INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) Shares Are Not Flying Under The RadarINTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ) shares have had a really impressive month, gaining 28% after a...
Major Estimate Revision • Mar 05Consensus EPS estimates increase by 40%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €39.7m to €42.6m. EPS estimate increased from €0.08 to €0.11 per share. Net income forecast to grow 96% next year vs 22% growth forecast for Software industry in Germany. Consensus price target of €5.85 unchanged from last update. Share price fell 2.7% to €3.91 over the past week.
분석 기사 • Mar 02Need To Know: Analysts Just Made A Substantial Cut To Their INTERSHOP Communications Aktiengesellschaft (ETR:ISHA) EstimatesToday is shaping up negative for INTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ) shareholders, with the...
Major Estimate Revision • Mar 02Consensus revenue estimates fall by 13%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from €45.6m to €39.7m. EPS estimate fell from €0.15 to €0.08 per share. Net income forecast to grow 168% next year vs 31% growth forecast for Software industry in Germany. Consensus price target of €5.85 unchanged from last update. Share price fell 5.6% to €3.87 over the past week.
Major Estimate Revision • Feb 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €42.2m to €42.6m. EPS estimate fell from €0.13 to €0.11 per share. Net income forecast to grow 96% next year vs 30% growth forecast for Software industry in Germany. Consensus price target broadly unchanged at €5.85. Share price fell 5.9% to €3.96 over the past week.
Reported Earnings • Feb 22Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: €0.06 (up from €0.056 in FY 2020). Revenue: €36.0m (up 7.1% from FY 2020). Net income: €810.0k (up 2.1% from FY 2020). Profit margin: 2.3% (down from 2.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 32%. Over the next year, revenue is forecast to grow 27%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Feb 09Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €35.7m to €36.6m. EPS estimate fell from €0.10 to €0.09 per share. Net income forecast to grow 44% next year vs 31% growth forecast for Software industry in Germany. Consensus price target of €5.95 unchanged from last update. Share price rose 2.3% to €3.98 over the past week.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to €3.40, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 31x in the Software industry in Germany. Total loss to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.92 per share.