View Future GrowthB+S Banksysteme 과거 순이익 실적과거 기준 점검 2/6B+S Banksysteme은 연평균 57.1%의 비율로 수입이 증가해 온 반면, Software 산업은 수입이 11.2% 증가했습니다. 매출은 연평균 5.5%의 비율로 증가했습니다. B+S Banksysteme의 자기자본이익률은 8.8%이고 순이익률은 11%입니다.핵심 정보57.11%순이익 성장률57.62%주당순이익(EPS) 성장률Software 산업 성장률14.88%매출 성장률5.53%자기자본이익률8.76%순이익률11.01%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Oct 09Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.20 (up from €0.071 in FY 2023). Revenue: €13.0m (up 16% from FY 2023). Net income: €1.24m (up 180% from FY 2023). Profit margin: 9.5% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 4.0% 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 85% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 21First half 2024 earnings released: EPS: €0.05 (vs €0.01 loss in 1H 2023)First half 2024 results: EPS: €0.05 (up from €0.01 loss in 1H 2023). Revenue: €5.80m (up 12% from 1H 2023). Net income: €339.0k (up €399.0k from 1H 2023). Profit margin: 5.8% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 11Full year 2023 earnings released: EPS: €0.071 (vs €0.004 in FY 2022)Full year 2023 results: EPS: €0.071 (up from €0.004 in FY 2022). Revenue: €11.5m (up 3.6% from FY 2022). Net income: €441.0k (up €414.0k from FY 2022). Profit margin: 3.8% (up from 0.2% in FY 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 18First half 2022 earnings: EPS and revenues miss analyst expectationsFirst half 2022 results: EPS: €0.01 (down from €0.02 in 1H 2021). Revenue: €5.63m (up 11% from 1H 2021). Net income: €81.0k (down 35% from 1H 2021). Profit margin: 1.4% (down from 2.5% in 1H 2021). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 67%. Over the next year, revenue is forecast to grow 3.0%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 03Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €11.2m (up 13% from FY 2020). Net income: €192.0k (up €466.0k from FY 2020). Profit margin: 1.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue.Reported Earnings • Feb 18First half 2021 earnings released: EPS €0.02 (vs €0.03 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €5.09m (up 1.0% from 1H 2020). Net income: €144.0k (down 17% from 1H 2020). Profit margin: 2.8% (down from 3.5% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updates공지 • Jan 16B+S Banksysteme Aktiengesellschaft, Annual General Meeting, Feb 26, 2026B+S Banksysteme Aktiengesellschaft, Annual General Meeting, Feb 26, 2026, at 10:00 W. Europe Standard Time.Price Target Changed • Dec 30Price target increased by 8.9% to €4.90Up from €4.50, the current price target is provided by 1 analyst. New target price is 133% above last closing price of €2.10. Stock is up 6.1% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.23 last year.Reported Earnings • Oct 09Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.20 (up from €0.071 in FY 2023). Revenue: €13.0m (up 16% from FY 2023). Net income: €1.24m (up 180% from FY 2023). Profit margin: 9.5% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 4.0% 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 85% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.New Risk • Sep 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (€12.4m market cap, or US$13.6m).Price Target Changed • May 23Price target increased by 18% to €4.00Up from €3.40, the current price target is provided by 1 analyst. New target price is 144% above last closing price of €1.64. Stock is up 8.6% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.071 last year.Reported Earnings • Feb 21First half 2024 earnings released: EPS: €0.05 (vs €0.01 loss in 1H 2023)First half 2024 results: EPS: €0.05 (up from €0.01 loss in 1H 2023). Revenue: €5.80m (up 12% from 1H 2023). Net income: €339.0k (up €399.0k from 1H 2023). Profit margin: 5.8% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.New Risk • Feb 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.19m (US$9.91m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (€9.19m market cap, or US$9.91m). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results.New Risk • Oct 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€10.7m market cap, or US$11.2m).Reported Earnings • Oct 11Full year 2023 earnings released: EPS: €0.071 (vs €0.004 in FY 2022)Full year 2023 results: EPS: €0.071 (up from €0.004 in FY 2022). Revenue: €11.5m (up 3.6% from FY 2022). Net income: €441.0k (up €414.0k from FY 2022). Profit margin: 3.8% (up from 0.2% in FY 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.New Risk • Jul 06New 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 6.8% 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: Major Risk Latest financial reports are more than 1 year old (reported December 2021 fiscal period end). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (€12.7m market cap, or US$13.8m).Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €1.79, the stock trades at a forward P/E ratio of 98x. Average forward P/E is 27x in the Software industry in Germany. Total loss to shareholders of 3.2% over the past three years.Buying Opportunity • Jun 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.2%. The fair value is estimated to be €1.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 35% per annum over the same time period.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.62, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 23x in the Software industry in Germany. Total loss to shareholders of 26% over the past three years.Price Target Changed • Nov 16Price target decreased to €4.30Down from €4.70, the current price target is provided by 1 analyst. New target price is 103% above last closing price of €2.12. Stock is down 42% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.Price Target Changed • Nov 05Price target decreased to €4.30Down from €4.70, the current price target is provided by 1 analyst. New target price is 100% above last closing price of €2.15. Stock is down 55% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.Price Target Changed • Apr 27Price target decreased to €4.70Down from €5.60, the current price target is provided by 1 analyst. New target price is 67% above last closing price of €2.81. Stock is down 33% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.Price Target Changed • Mar 02Price target decreased to €4.70Down from €5.80, the current price target is provided by 1 analyst. New target price is 94% above last closing price of €2.42. Stock is down 31% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.Reported Earnings • Feb 18First half 2022 earnings: EPS and revenues miss analyst expectationsFirst half 2022 results: EPS: €0.01 (down from €0.02 in 1H 2021). Revenue: €5.63m (up 11% from 1H 2021). Net income: €81.0k (down 35% from 1H 2021). Profit margin: 1.4% (down from 2.5% in 1H 2021). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 67%. Over the next year, revenue is forecast to grow 3.0%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 03Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €11.2m (up 13% from FY 2020). Net income: €192.0k (up €466.0k from FY 2020). Profit margin: 1.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue.Is New 90 Day High Low • Feb 21New 90-day high: €3.66The company is up 59% from its price of €2.30 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 7.0% over the same period.Reported Earnings • Feb 18First half 2021 earnings released: EPS €0.02 (vs €0.03 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €5.09m (up 1.0% from 1H 2020). Net income: €144.0k (down 17% from 1H 2020). Profit margin: 2.8% (down from 3.5% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 03New 90-day high: €2.64The company is up 12% from its price of €2.36 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 14% over the same period.Price Target Changed • Nov 16Price target raised to €2.50Up from €2.10, the current price target is provided by 1 analyst. The new target price is close to the current share price of €2.42. As of last close, the stock is up 14% over the past year.Is New 90 Day High Low • Oct 22New 90-day high: €2.76The company is up 42% from its price of €1.94 on 24 July 2020. The German market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 11% over the same period.Is New 90 Day High Low • Oct 05New 90-day high: €2.08The company is up 11% from its price of €1.87 on 07 July 2020. The German market is flat 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.매출 및 비용 세부 내역B+S Banksysteme가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:DTD2 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Dec 251310030 Sep 251310030 Jun 251310031 Mar 251320031 Dec 241320030 Sep 241310030 Jun 241310031 Mar 241210031 Dec 231210030 Sep 231210030 Jun 231100031 Mar 231100031 Dec 221100030 Sep 221100030 Jun 221100031 Mar 221100031 Dec 211100030 Sep 211100030 Jun 211000031 Mar 211000031 Dec 201000030 Sep 201000030 Jun 201000031 Mar 201000031 Dec 199-11030 Sep 19901030 Jun 19901031 Mar 19901031 Dec 18901030 Sep 181011030 Jun 181011031 Mar 181021031 Dec 171121030 Sep 171121030 Jun 171021031 Mar 171010031 Dec 16910030 Sep 16810030 Jun 16810031 Mar 16810031 Dec 15810030 Sep 15810030 Jun 158100양질의 수익: DTD2는 고품질 수익을 보유하고 있습니다.이익 마진 증가: DTD2의 현재 순 이익률 (11%)은 지난해 (13.2%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: DTD2는 지난 5년 동안 흑자전환하며 연평균 57.1%의 수익 성장을 기록했습니다.성장 가속화: DTD2은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: DTD2은 지난 1년 동안 수익이 감소(-14.9%)하여 Software 업계 평균(18.9%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: DTD2의 자본 수익률(8.8%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/11 20:23종가2026/05/11 00:00수익2025/12/31연간 수익2025/06/30데이터 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 소스B+S Banksysteme Aktiengesellschaft는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Cosmin FilkerGBC AGAdam JakubowskiSMC ResearchFelix EllmannWarburg Research GmbH
Reported Earnings • Oct 09Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.20 (up from €0.071 in FY 2023). Revenue: €13.0m (up 16% from FY 2023). Net income: €1.24m (up 180% from FY 2023). Profit margin: 9.5% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 4.0% 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 85% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 21First half 2024 earnings released: EPS: €0.05 (vs €0.01 loss in 1H 2023)First half 2024 results: EPS: €0.05 (up from €0.01 loss in 1H 2023). Revenue: €5.80m (up 12% from 1H 2023). Net income: €339.0k (up €399.0k from 1H 2023). Profit margin: 5.8% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 11Full year 2023 earnings released: EPS: €0.071 (vs €0.004 in FY 2022)Full year 2023 results: EPS: €0.071 (up from €0.004 in FY 2022). Revenue: €11.5m (up 3.6% from FY 2022). Net income: €441.0k (up €414.0k from FY 2022). Profit margin: 3.8% (up from 0.2% in FY 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 18First half 2022 earnings: EPS and revenues miss analyst expectationsFirst half 2022 results: EPS: €0.01 (down from €0.02 in 1H 2021). Revenue: €5.63m (up 11% from 1H 2021). Net income: €81.0k (down 35% from 1H 2021). Profit margin: 1.4% (down from 2.5% in 1H 2021). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 67%. Over the next year, revenue is forecast to grow 3.0%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 03Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €11.2m (up 13% from FY 2020). Net income: €192.0k (up €466.0k from FY 2020). Profit margin: 1.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue.
Reported Earnings • Feb 18First half 2021 earnings released: EPS €0.02 (vs €0.03 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €5.09m (up 1.0% from 1H 2020). Net income: €144.0k (down 17% from 1H 2020). Profit margin: 2.8% (down from 3.5% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
공지 • Jan 16B+S Banksysteme Aktiengesellschaft, Annual General Meeting, Feb 26, 2026B+S Banksysteme Aktiengesellschaft, Annual General Meeting, Feb 26, 2026, at 10:00 W. Europe Standard Time.
Price Target Changed • Dec 30Price target increased by 8.9% to €4.90Up from €4.50, the current price target is provided by 1 analyst. New target price is 133% above last closing price of €2.10. Stock is up 6.1% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.23 last year.
Reported Earnings • Oct 09Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.20 (up from €0.071 in FY 2023). Revenue: €13.0m (up 16% from FY 2023). Net income: €1.24m (up 180% from FY 2023). Profit margin: 9.5% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 4.0% 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 85% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
New Risk • Sep 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (€12.4m market cap, or US$13.6m).
Price Target Changed • May 23Price target increased by 18% to €4.00Up from €3.40, the current price target is provided by 1 analyst. New target price is 144% above last closing price of €1.64. Stock is up 8.6% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.071 last year.
Reported Earnings • Feb 21First half 2024 earnings released: EPS: €0.05 (vs €0.01 loss in 1H 2023)First half 2024 results: EPS: €0.05 (up from €0.01 loss in 1H 2023). Revenue: €5.80m (up 12% from 1H 2023). Net income: €339.0k (up €399.0k from 1H 2023). Profit margin: 5.8% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
New Risk • Feb 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.19m (US$9.91m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (€9.19m market cap, or US$9.91m). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results.
New Risk • Oct 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€10.7m market cap, or US$11.2m).
Reported Earnings • Oct 11Full year 2023 earnings released: EPS: €0.071 (vs €0.004 in FY 2022)Full year 2023 results: EPS: €0.071 (up from €0.004 in FY 2022). Revenue: €11.5m (up 3.6% from FY 2022). Net income: €441.0k (up €414.0k from FY 2022). Profit margin: 3.8% (up from 0.2% in FY 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
New Risk • Jul 06New 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 6.8% 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: Major Risk Latest financial reports are more than 1 year old (reported December 2021 fiscal period end). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (€12.7m market cap, or US$13.8m).
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €1.79, the stock trades at a forward P/E ratio of 98x. Average forward P/E is 27x in the Software industry in Germany. Total loss to shareholders of 3.2% over the past three years.
Buying Opportunity • Jun 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.2%. The fair value is estimated to be €1.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 35% per annum over the same time period.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.62, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 23x in the Software industry in Germany. Total loss to shareholders of 26% over the past three years.
Price Target Changed • Nov 16Price target decreased to €4.30Down from €4.70, the current price target is provided by 1 analyst. New target price is 103% above last closing price of €2.12. Stock is down 42% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.
Price Target Changed • Nov 05Price target decreased to €4.30Down from €4.70, the current price target is provided by 1 analyst. New target price is 100% above last closing price of €2.15. Stock is down 55% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.
Price Target Changed • Apr 27Price target decreased to €4.70Down from €5.60, the current price target is provided by 1 analyst. New target price is 67% above last closing price of €2.81. Stock is down 33% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.
Price Target Changed • Mar 02Price target decreased to €4.70Down from €5.80, the current price target is provided by 1 analyst. New target price is 94% above last closing price of €2.42. Stock is down 31% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.036 last year.
Reported Earnings • Feb 18First half 2022 earnings: EPS and revenues miss analyst expectationsFirst half 2022 results: EPS: €0.01 (down from €0.02 in 1H 2021). Revenue: €5.63m (up 11% from 1H 2021). Net income: €81.0k (down 35% from 1H 2021). Profit margin: 1.4% (down from 2.5% in 1H 2021). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 67%. Over the next year, revenue is forecast to grow 3.0%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 03Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €11.2m (up 13% from FY 2020). Net income: €192.0k (up €466.0k from FY 2020). Profit margin: 1.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue.
Is New 90 Day High Low • Feb 21New 90-day high: €3.66The company is up 59% from its price of €2.30 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 7.0% over the same period.
Reported Earnings • Feb 18First half 2021 earnings released: EPS €0.02 (vs €0.03 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €5.09m (up 1.0% from 1H 2020). Net income: €144.0k (down 17% from 1H 2020). Profit margin: 2.8% (down from 3.5% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 03New 90-day high: €2.64The company is up 12% from its price of €2.36 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 14% over the same period.
Price Target Changed • Nov 16Price target raised to €2.50Up from €2.10, the current price target is provided by 1 analyst. The new target price is close to the current share price of €2.42. As of last close, the stock is up 14% over the past year.
Is New 90 Day High Low • Oct 22New 90-day high: €2.76The company is up 42% from its price of €1.94 on 24 July 2020. The German market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 11% over the same period.
Is New 90 Day High Low • Oct 05New 90-day high: €2.08The company is up 11% from its price of €1.87 on 07 July 2020. The German market is flat 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.