공시 • Sep 13
EVS Broadcast Equipment SA (ENXTBR:EVS) agreed to acquire Xd Motion for an enterprise value of €3 million. EVS Broadcast Equipment SA (ENXTBR:EVS) agreed to acquire Xd Motion for an enterprise value of €3 million on September 11, 2025. The transaction represents an enterprise value of €3+ million plus potential earnout.
For the period ending December 31, 2024, Xd Motion reported total revenue of €4 million.
The expected completion of the transaction is October 1, 2025. 공시 • Aug 20
EVS Broadcast Equipment SA (ENXTBR:EVS) agreed to acquire Telemetrics Inc. from family for $12.7 million. EVS Broadcast Equipment SA (ENXTBR:EVS) agreed to acquire Telemetrics Inc. from family for $12.7 million on August 19, 2025. The transaction consists of an initial purchase price equal to $6.5 million and an opportunity for an earn-out based on financial results throughout the end of 2025 of up to $6.2 million and will be paid fully in cash. For the period ending December 31, 2024, Telemetrics Inc. reported total revenue of $12 million.
The expected completion of the transaction is October 1, 2025. Reported Earnings • Aug 18
First half 2024 earnings released: EPS: €1.62 (vs €1.58 in 1H 2023) First half 2024 results: EPS: €1.62 (up from €1.58 in 1H 2023). Revenue: €98.1m (up 12% from 1H 2023). Net income: €21.8m (up 3.0% from 1H 2023). Profit margin: 22% (down from 24% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Aug 03
EVS Broadcast Equipment SA (ENXTBR:EVS) signed an share purchase agreement to acquire MOG Technologies S.A. for €5 million. EVS Broadcast Equipment SA (ENXTBR:EVS) signed an share purchase agreement to acquire MOG Technologies S.A. for €5 million on August 2, 2024. The acquisition represents a value, including an earn-out mechanism, totaling below EUR 5 million. MOG Technologies team will join the EVS family. MOG Technologies generates an annual revenue of approximately €4 million. The transaction is subject to certain closing conditions, which are expected to be fulfilled by Q4 this year. Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: €2.75 (vs €2.34 in FY 2022) Full year 2023 results: EPS: €2.75 (up from €2.34 in FY 2022). Revenue: €173.2m (up 17% from FY 2022). Net income: €36.9m (up 18% from FY 2022). Profit margin: 21% (in line with FY 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. New Risk • Nov 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. 공시 • Sep 19
EVS Broadcast Equipment SA to Report Q3, 2023 Results on Oct 17, 2023 EVS Broadcast Equipment SA announced that they will report Q3, 2023 results on Oct 17, 2023 Reported Earnings • Aug 20
First half 2023 earnings released: EPS: €1.58 (vs €1.15 in 1H 2022) First half 2023 results: EPS: €1.58 (up from €1.15 in 1H 2022). Revenue: €87.4m (up 29% from 1H 2022). Net income: €21.2m (up 37% from 1H 2022). Profit margin: 24% (up from 23% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Communications industry in Europe. 공시 • Aug 18
EVS Broadcast Equipment SA Revises Earnings Outlook for the Year 2023 EVS Broadcast Equipment SA revised earnings outlook for the year 2023. For the period, the company is revised revenue guidance for the full year from EUR 150-160 million to EUR 160-170 million. The full year EBIT guidance is being upgraded from an initial range of EUR 27.5-32.5 million to a new range of EUR 32.5-38.5 million. 공시 • May 19
EVS Broadcast Equipment SA to Report Fiscal Year 2023 Results on Feb 16, 2024 EVS Broadcast Equipment SA announced that they will report fiscal year 2023 results on Feb 16, 2024 Upcoming Dividend • May 17
Upcoming dividend of €0.77 per share at 4.6% yield Eligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 43% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.8%). Reported Earnings • Apr 17
Full year 2022 earnings released: EPS: €2.34 (vs €2.61 in FY 2021) Full year 2022 results: EPS: €2.34 (down from €2.61 in FY 2021). Revenue: €148.2m (up 7.7% from FY 2021). Net income: €31.3m (down 10% from FY 2021). Profit margin: 21% (down from 25% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Communications industry in Europe. Reported Earnings • Feb 18
Full year 2022 earnings released: EPS: €2.34 (vs €2.61 in FY 2021) Full year 2022 results: EPS: €2.34 (down from €2.61 in FY 2021). Revenue: €148.2m (up 7.7% from FY 2021). Net income: €31.3m (down 10% from FY 2021). Profit margin: 21% (down from 25% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Communications industry in Europe. Reported Earnings • Aug 26
First half 2022 earnings released: EPS: €1.15 (vs €1.16 in 1H 2021) First half 2022 results: EPS: €1.15 (down from €1.16 in 1H 2021). Revenue: €67.7m (up 9.5% from 1H 2021). Net income: €15.4m (flat on 1H 2021). Profit margin: 23% (down from 25% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 3.7% compared to a 8.6% growth forecast for the Communications industry in Germany. Reported Earnings • Apr 21
Full year 2021 earnings released: EPS: €2.61 (vs €0.53 in FY 2020) Full year 2021 results: EPS: €2.61 (up from €0.53 in FY 2020). Revenue: €137.6m (up 56% from FY 2020). Net income: €34.9m (up 386% from FY 2020). Profit margin: 25% (up from 8.2% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 6.8% growth forecast for the industry in Germany. Reported Earnings • Feb 28
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €2.61 (up from €0.53 in FY 2020). Revenue: €137.6m (up 56% from FY 2020). Net income: €34.9m (up 386% from FY 2020). Profit margin: 25% (up from 8.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 4.1%, compared to a 7.0% growth forecast for the industry in Germany. Reported Earnings • Aug 25
First half 2021 earnings released: EPS €1.16 (vs €0.24 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €61.8m (up 56% from 1H 2020). Net income: €15.6m (up 379% from 1H 2020). Profit margin: 25% (up from 8.2% in 1H 2020). The increase in margin was driven by higher revenue. Reported Earnings • Feb 26
Full year 2020 earnings released: EPS €0.53 (vs €1.40 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €88.1m (down 15% from FY 2019). Net income: €7.19m (down 63% from FY 2019). Profit margin: 8.2% (down from 19% in FY 2019). The decrease in margin was driven by lower revenue. Analyst Estimate Surprise Post Earnings • Feb 26
Revenue misses expectations Revenue missed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 39%, compared to a 1.6% growth forecast for the Communications industry in Germany.