View Future Growthcyan 과거 순이익 실적과거 기준 점검 0/6cyan은 연평균 9.6%의 비율로 수입이 증가해 온 반면, Software 산업은 연평균 11.2%의 비율로 증가했습니다. 매출은 연평균 35.8%의 비율로 감소했습니다.핵심 정보9.58%순이익 성장률19.22%주당순이익(EPS) 성장률Software 산업 성장률14.88%매출 성장률-35.83%자기자본이익률-7.07%순이익률-23.67%최근 순이익 업데이트30 Jun 2025최근 과거 실적 업데이트Reported Earnings • Sep 27First half 2024 earnings released: €0.097 loss per share (vs €0.43 loss in 1H 2023)First half 2024 results: €0.097 loss per share (improved from €0.43 loss in 1H 2023). Revenue: €3.58m (down 4.9% from 1H 2023). Net loss: €2.07m (loss narrowed 73% 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 49% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.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 35% per year, which means it is significantly lagging earnings.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 45% per year, which means it is performing significantly worse than earnings.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 17 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 29Full 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 25 percentage points per year, which is a significant difference in performance.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).모든 업데이트 보기Recent updates공지 • Jun 03cyan AG, Annual General Meeting, Jul 11, 2025cyan AG, Annual General Meeting, Jul 11, 2025, at 10:00 W. Europe Standard Time.Reported Earnings • Sep 27First half 2024 earnings released: €0.097 loss per share (vs €0.43 loss in 1H 2023)First half 2024 results: €0.097 loss per share (improved from €0.43 loss in 1H 2023). Revenue: €3.58m (down 4.9% from 1H 2023). Net loss: €2.07m (loss narrowed 73% 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 49% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.공지 • 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 65% above last closing price of €2.44. Stock is up 36% 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 38% above last closing price of €2.44. Stock is up 52% 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 (18% 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 35% 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 (19% 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 • Jan 24New 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 11% 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 (11% 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 (11% increase in shares outstanding). Market cap is less than US$100m (€25.1m market cap, or US$27.3m).New Risk • Oct 31New 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 8.5% 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 (8.5% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€168k net loss in 2 years). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€23.0m market cap, or US$24.5m).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 130% above last closing price of €1.41. 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.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 45% per year, which means it is performing significantly worse than earnings.New Risk • Sep 30New 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 (7.7% 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 122% above last closing price of €1.62. 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.공지 • 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.Buying Opportunity • Aug 02Now 22% undervaluedOver the last 90 days, the stock is up 8.9%. The fair value is estimated to be €2.18, 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 17Now 21% undervaluedOver the last 90 days, the stock is up 27%. The fair value is estimated to be €2.31, 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 • May 25Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 6.5%. The fair value is estimated to be €1.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 36% over the last 3 years. Earnings per share has declined by 71%. Revenue is forecast to grow by 58% in 2 years. Earnings is forecast to grow by 62% in the next 2 years.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 171% above last closing price of €1.89. Stock is down 48% 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 17 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 29Full 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 25 percentage points per year, which is a significant difference in performance.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 03Full 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).Is New 90 Day High Low • Mar 16New 90-day low: €11.93The company is down 21% from a price of €15.20 on 16 December 2020. Underperformed the German market, which is up 9.0% over the last 90 days. Lagged the Software industry, which is up 2.0% over the same period.Is New 90 Day High Low • Dec 16New 90-day high: €15.20The company is up 50% from its price of €10.11 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 €60.82 per share.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 22% share price gain to €14.65, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 13.2x. 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 25%.Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 24% share price gain to €14.70, the stock is trading at a trailing P/E ratio of 13.7x, up from the previous P/E ratio of 11.1x. 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 13%.Valuation Update With 7 Day Price Move • Nov 28Market 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 11.4x. 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 34%.Is New 90 Day High Low • Nov 27New 90-day high: €11.50The company is up 10.0% from its price of €10.44 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 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.64 per share.Is New 90 Day High Low • Oct 16New 90-day high: €11.30The company is up 7.0% from its price of €10.60 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 €32.94 per share.Is New 90 Day High Low • Sep 26New 90-day low: €9.30The company is down 22% from its price of €11.99 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 €34.27 per share.매출 및 비용 세부 내역cyan가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:CYR 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비30 Jun 258-20031 Mar 258-30031 Dec 247-40030 Sep 246-41030 Jun 246-41031 Mar 245-51031 Dec 235-51030 Jun 232-102031 Mar 233-103031 Dec 224-104030 Sep 229-1310030 Jun 229-910031 Mar 229-1110031 Dec 218-1411030 Sep 218-1612030 Jun 218-1812031 Mar 2115-1314031 Dec 2021-916030 Sep 2029016030 Jun 2037916031 Mar 2032713031 Dec 1927511030 Sep 1920110030 Jun 1914-310031 Mar 1911-28031 Dec 189-170양질의 수익: CYR 은(는) 현재 수익성이 없습니다.이익 마진 증가: CYR는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: CYR는 수익성이 없지만 지난 5년 동안 연평균 9.6%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 CYR의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: CYR은 수익성이 없어 지난 해 수익 성장률을 Software 업계(18.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: CYR는 현재 수익성이 없으므로 자본 수익률이 음수(-7.07%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 04:03종가2026/05/07 00:00수익2025/06/30연간 수익2024/12/31데이터 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
Reported Earnings • Sep 27First half 2024 earnings released: €0.097 loss per share (vs €0.43 loss in 1H 2023)First half 2024 results: €0.097 loss per share (improved from €0.43 loss in 1H 2023). Revenue: €3.58m (down 4.9% from 1H 2023). Net loss: €2.07m (loss narrowed 73% 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 49% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
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 35% per year, which means it is significantly lagging earnings.
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 45% per year, which means it is performing significantly worse than earnings.
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 17 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 29Full 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 25 percentage points per year, which is a significant difference in performance.
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).
공지 • Jun 03cyan AG, Annual General Meeting, Jul 11, 2025cyan AG, Annual General Meeting, Jul 11, 2025, at 10:00 W. Europe Standard Time.
Reported Earnings • Sep 27First half 2024 earnings released: €0.097 loss per share (vs €0.43 loss in 1H 2023)First half 2024 results: €0.097 loss per share (improved from €0.43 loss in 1H 2023). Revenue: €3.58m (down 4.9% from 1H 2023). Net loss: €2.07m (loss narrowed 73% 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 49% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
공지 • 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 65% above last closing price of €2.44. Stock is up 36% 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 38% above last closing price of €2.44. Stock is up 52% 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 (18% 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 35% 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 (19% 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 • Jan 24New 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 11% 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 (11% 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 (11% increase in shares outstanding). Market cap is less than US$100m (€25.1m market cap, or US$27.3m).
New Risk • Oct 31New 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 8.5% 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 (8.5% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€168k net loss in 2 years). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€23.0m market cap, or US$24.5m).
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 130% above last closing price of €1.41. 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.
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 45% per year, which means it is performing significantly worse than earnings.
New Risk • Sep 30New 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 (7.7% 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 122% above last closing price of €1.62. 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.
공지 • 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.
Buying Opportunity • Aug 02Now 22% undervaluedOver the last 90 days, the stock is up 8.9%. The fair value is estimated to be €2.18, 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 17Now 21% undervaluedOver the last 90 days, the stock is up 27%. The fair value is estimated to be €2.31, 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 • May 25Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 6.5%. The fair value is estimated to be €1.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 36% over the last 3 years. Earnings per share has declined by 71%. Revenue is forecast to grow by 58% in 2 years. Earnings is forecast to grow by 62% in the next 2 years.
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 171% above last closing price of €1.89. Stock is down 48% 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 17 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 29Full 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 25 percentage points per year, which is a significant difference in performance.
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 03Full 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).
Is New 90 Day High Low • Mar 16New 90-day low: €11.93The company is down 21% from a price of €15.20 on 16 December 2020. Underperformed the German market, which is up 9.0% over the last 90 days. Lagged the Software industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Dec 16New 90-day high: €15.20The company is up 50% from its price of €10.11 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 €60.82 per share.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 22% share price gain to €14.65, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 13.2x. 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 25%.
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 24% share price gain to €14.70, the stock is trading at a trailing P/E ratio of 13.7x, up from the previous P/E ratio of 11.1x. 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 13%.
Valuation Update With 7 Day Price Move • Nov 28Market 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 11.4x. 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 34%.
Is New 90 Day High Low • Nov 27New 90-day high: €11.50The company is up 10.0% from its price of €10.44 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 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.64 per share.
Is New 90 Day High Low • Oct 16New 90-day high: €11.30The company is up 7.0% from its price of €10.60 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 €32.94 per share.
Is New 90 Day High Low • Sep 26New 90-day low: €9.30The company is down 22% from its price of €11.99 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 €34.27 per share.