New Risk • Apr 16
New minor risk - Financial data availability The 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 (12% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (€22.5m market cap, or US$23.9m). Buy Or Sell Opportunity • Mar 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to €0.48. The fair value is estimated to be €0.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to decline by 9.7% in a year. Earnings are forecast to grow by 64% in the next year. New Risk • Feb 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (€22.1m market cap, or US$23.8m). Major Estimate Revision • Dec 09
Consensus EPS estimates fall by 50% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €8.40m to €8.00m. Losses expected to increase from €0.04 per share to €0.06. IT industry in Germany expected to see average net income growth of 19% next year. Consensus price target down from €0.50 to €0.40. Share price was steady at €0.59 over the past week. Breakeven Date Change • Dec 08
Forecast breakeven date pushed back to 2025 The analyst covering niiio finance group previously expected the company to break even in 2024. New forecast suggests losses will reduce by 61% per year to 2024. The company is expected to make a profit of €600.0k in 2025. Average annual earnings growth of 95% is required to achieve expected profit on schedule. Reported Earnings • Oct 03
First half 2022 earnings released: EPS: €0 (vs €0 in 1H 2021) First half 2022 results: EPS: €0 (in line with 1H 2021). Revenue: €4.57m (up 248% from 1H 2021). Net loss: €1.71m (loss widened 17% from 1H 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Germany. 공고 • Aug 25
niiio finance group AG (XTRA:NIIN) completed the acquisition of Fixhub Gmbh. niiio finance group AG (XTRA:NIIN) agreed to acquire Fixhub Gmbh for €4 million on March 31, 2022.
niiio finance group AG (XTRA:NIIN) completed the acquisition of Fixhub Gmbh on August 23, 2022. 공고 • Mar 18
niiio finance group AG (XTRA:NIIN) signed a letter of intent to acquire an unknown majority stake in CORYX Software GmbH from Uwe Schenk. niiio finance group AG (XTRA:NIIN) signed a letter of intent to acquire an unknown majority stake in CORYX Software GmbH from Uwe Schenk on March 17, 2021. As per the terms of the agreement, niiio finance group will acquire the majority stake in return for new shares in niiio finance group AG. Post deal completion, Uwe Schenk will remain as Manager of CORYX. The transaction is subject to due diligence review and to the approval of the Management Board and Supervisory Board of niiio finance group AG. 공고 • Mar 16
niiio finance group AG Extents Capacities with New Cooperation Partners niiio finance group AG (ISIN: DE000A2G8332), a listed company specializing in cloud banking software focusing on wealth management, made an announcement to cooperate closely with three additional software providers. Their Cooperation enables them to act as a bidding consortium under niiio's leadership for larger projects in the future. Niiio's new partners are the Austrian FinAngel GmbH, a provider of modern front-end systems for distributors and private banks, the Coburg-based CORYX Software GmbH, specializing in reporting for family offices, and Quanvest GmbH in Bad Homburg, a provider of middleware services for investment management, risk management and reporting. Furthermore, a well-established international strategy and management consultancy for the financial services sector will act as strategic implementation partner for the bidding consortium. If required, it will provide onsite business process analysis, project management and implementation for the customer. With this new partnership the niiio finance group expands the range of services in the field of digital wealth management, especially by adding its expertise in data management and interfaces as well as its experience in robo advisory to the mix. Niiio also has extensive know-how in all other areas, enabling it to act as a general contractor in the bidding for tenders. With its highly skilled IT department of 60 employees, who provide in-depth knowledge of all processes, niiio can offer comprehensive IT solutions under one roof. In the medium term it plans to further expand this network and lay the groundwork for a future software marketplace for wealth management solutions. Is New 90 Day High Low • Jan 19
New 90-day high: €1.02 The company is up 11% from its price of €0.92 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 18% over the same period. Is New 90 Day High Low • Nov 11
New 90-day low: €0.85 The company is down 15% from its price of €1.01 on 13 August 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 23% over the same period. Is New 90 Day High Low • Oct 21
New 90-day low: €0.92 The company is down 13% from its price of €1.06 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 17% over the same period.