View Future GrowthMobotix 과거 순이익 실적과거 기준 점검 2/6Mobotix의 수입은 연평균 -28.6%의 비율로 감소해 온 반면, Electronic 산업은 수입이 연평균 3.6% 감소했습니다. 매출은 연평균 4.8%의 비율로 감소해 왔습니다. Mobotix의 자기자본이익률은 17.7%이고 순이익률은 4.9%입니다.핵심 정보-28.64%순이익 성장률-17.28%주당순이익(EPS) 성장률Electronic 산업 성장률1.03%매출 성장률-4.80%자기자본이익률17.71%순이익률4.85%최근 순이익 업데이트30 Sep 2025최근 과거 실적 업데이트Reported Earnings • Apr 11Full year 2023 earnings releasedFull year 2023 results: Revenue: €68.5m (up 16% from FY 2022). Net loss: €5.41m (loss narrowed 14% from FY 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.Reported Earnings • May 26First half 2023 earnings releasedFirst half 2023 results: Revenue: €35.2m (up 23% from 1H 2022). Net loss: €295.0k (loss narrowed 91% from 1H 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Germany.Reported Earnings • Apr 14Full year 2022 earnings releasedFull year 2022 results: Revenue: €60.1m (down 10% from FY 2021). Net loss: €6.31m (loss widened €6.25m from FY 2021). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany.Reported Earnings • Jul 01First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €68.0k from profit in 1H 2021). Profit margin: (down from 0.2% in 1H 2021). Over the next year, revenue is forecast to grow 2.4%, compared to a 20% growth forecast for the industry in Germany.Reported Earnings • Jan 07Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: €0.005 loss per share (down from €0.35 profit in FY 2020). Revenue: €66.9m (down 9.3% from FY 2020). Net loss: €62.0k (down 101% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 8.0%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updates공지 • Mar 11Mobotix AG, Annual General Meeting, Apr 17, 2026Mobotix AG, Annual General Meeting, Apr 17, 2026, at 10:00 W. Europe Standard Time.Price Target Changed • Dec 30Price target decreased by 17% to €0.50Down from €0.60, the current price target is provided by 1 analyst. New target price is 17% below last closing price of €0.60. The company is forecast to post a net loss per share of €0.18 next year compared to a net loss per share of €0.42 last year.공지 • Apr 30Certina Software Investments Ag completed the acquisition of 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902).Certina Software Investments Ag signed an agreement to acquire 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902) on March 25, 2025. As part of acquisition, 8,615,382 shares will be acquired. The transaction is subject to approval by regulatory board / committee. The transaction is expected to complete in first half of the fiscal year ending March 31, 2026. Michael Burian, Adrian Bingel and Ocka Stumm of Gleiss Lutz acted as legal advisor to Konica Minolta, Inc. Certina Software Investments Ag completed the acquisition of 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902) on April 29, 2025.공지 • Mar 27Mobotix AG, Annual General Meeting, May 02, 2025Mobotix AG, Annual General Meeting, May 02, 2025, at 10:00 W. Europe Standard Time.공지 • Mar 26Certina Software Investments Ag signed an agreement to acquire 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902).Certina Software Investments Ag signed an agreement to acquire 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902) on March 25, 2025. As part of acquisition, 8,615,382 shares will be acquired. The transaction is subject to approval by regulatory board / committee. The transaction is expected to complete in first half of the fiscal year ending March 31, 2026.New Risk • Aug 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.95m (US$9.77m) 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 (€8.95m market cap, or US$9.77m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).New Risk • May 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.4% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.4% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risk Market cap is less than US$100m (€13.3m market cap, or US$14.5m).Reported Earnings • Apr 11Full year 2023 earnings releasedFull year 2023 results: Revenue: €68.5m (up 16% from FY 2022). Net loss: €5.41m (loss narrowed 14% from FY 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.Buy Or Sell Opportunity • Apr 11Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 36% to €1.12. The fair value is estimated to be €1.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Buy Or Sell Opportunity • Mar 01Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 42% to €1.10. The fair value is estimated to be €1.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only.New Risk • Dec 10New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (€27.6m market cap, or US$29.8m).New Risk • Jun 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (€35.5m market cap, or US$38.3m).Reported Earnings • May 26First half 2023 earnings releasedFirst half 2023 results: Revenue: €35.2m (up 23% from 1H 2022). Net loss: €295.0k (loss narrowed 91% from 1H 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Germany.Reported Earnings • Apr 14Full year 2022 earnings releasedFull year 2022 results: Revenue: €60.1m (down 10% from FY 2021). Net loss: €6.31m (loss widened €6.25m from FY 2021). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany.Price Target Changed • Nov 16Price target decreased to €3.20Down from €5.60, the current price target is provided by 1 analyst. New target price is 14% above last closing price of €2.80. Stock is down 49% over the past year. The company is forecast to post a net loss per share of €0.29 next year compared to a net loss per share of €0.0047 last year.Reported Earnings • Jul 01First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €68.0k from profit in 1H 2021). Profit margin: (down from 0.2% in 1H 2021). Over the next year, revenue is forecast to grow 2.4%, compared to a 20% growth forecast for the industry in Germany.Price Target Changed • Apr 27Price target decreased to €4.80Down from €5.60, the current price target is provided by 1 analyst. New target price is 12% above last closing price of €4.27. Stock is down 35% over the past year. The company is forecast to post earnings per share of €0.07 next year compared to a net loss per share of €0.0047 last year.Upcoming Dividend • Jan 21Upcoming dividend of €0.04 per shareEligible shareholders must have bought the stock before 28 January 2022. Payment date: 01 February 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.3%). In line with average of industry peers (0.7%).Reported Earnings • Jan 07Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: €0.005 loss per share (down from €0.35 profit in FY 2020). Revenue: €66.9m (down 9.3% from FY 2020). Net loss: €62.0k (down 101% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 8.0%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to €6.75, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 24x in the Electronic industry in Germany. Total loss to shareholders of 27% over the past three years.Price Target Changed • May 07Price target decreased to €9.00Down from €10.25, the current price target is an average from 2 analysts. New target price is 36% above last closing price of €6.60. Stock is up 3.9% over the past year.Is New 90 Day High Low • Mar 10New 90-day low: €6.75The company is down 5.0% from its price of €7.10 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.44 per share.Upcoming Dividend • Jan 22Upcoming Dividend of €0.04 Per ShareWill be paid on the 2nd of February to those who are registered shareholders by the 29th of January. The trailing yield of 0.5% is below the top quartile of German dividend payers (3.5%), and is lower than industry peers (0.6%).Is New 90 Day High Low • Jan 21New 90-day high: €8.20The company is up 43% from its price of €5.75 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.03 per share.Is New 90 Day High Low • Jan 06New 90-day high: €7.55The company is up 26% from its price of €6.00 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.68 per share.Price Target Changed • Dec 07Price target lowered to €10.25Down from €12.15, the current price target is an average from 2 analysts. The new target price is 38% above the current share price of €7.45. As of last close, the stock is down 9.1% over the past year.Is New 90 Day High Low • Dec 03New 90-day high: €6.70The company is up 12% from its price of €6.00 on 04 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 Electronic industry, which is up 8.0% over the same period.Is New 90 Day High Low • Oct 02New 90-day low: €5.30The company is down 12% from its price of €6.05 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period.매출 및 비용 세부 내역Mobotix가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:MBQ 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비30 Sep 2557321030 Jun 2558021031 Mar 2559-221031 Dec 2457-421030 Sep 2455-622030 Jun 2456-723031 Mar 2457-924031 Dec 2362-725030 Sep 2367-525030 Jun 2366-426031 Mar 2365-426031 Dec 2262-526030 Sep 2259-626030 Jun 2262-525031 Mar 2265-324031 Dec 2166-224030 Sep 2167024030 Jun 2168223031 Mar 2170323031 Dec 2072423030 Sep 2074523030 Jun 2071323031 Mar 2069123031 Dec 1970123030 Sep 1970123030 Jun 1970223031 Mar 1971323031 Dec 1869223030 Sep 1867022030 Jun 1866-223031 Mar 1865-523031 Dec 1765-524030 Sep 1765-625030 Jun 1767-525031 Mar 1769-325031 Dec 1674-225030 Sep 1680-226030 Jun 1681-125031 Mar 1682025031 Dec 1581225030 Sep 1580425030 Jun 15783240양질의 수익: MBQ의 비현금 수익 수준이 높습니다.이익 마진 증가: MBQ는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: MBQ는 지난 5년 동안 흑자전환하며 연평균 -28.6%의 수익 성장을 기록했습니다.성장 가속화: MBQ는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: MBQ는 지난해 흑자전환하여 지난 해 수익 성장률을 Electronic 업계(1.6%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: MBQ의 자본 수익률(17.7%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 04:16종가2026/05/07 00:00수익2025/09/30연간 수익2025/09/30데이터 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 소스Mobotix AG는 7명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Muhammad Farid KhwajaBerenbergClaus RollerBofA Global ResearchTim WunderlichHauck Aufhäuser Investment Banking4명의 분석가 더 보기
Reported Earnings • Apr 11Full year 2023 earnings releasedFull year 2023 results: Revenue: €68.5m (up 16% from FY 2022). Net loss: €5.41m (loss narrowed 14% from FY 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.
Reported Earnings • May 26First half 2023 earnings releasedFirst half 2023 results: Revenue: €35.2m (up 23% from 1H 2022). Net loss: €295.0k (loss narrowed 91% from 1H 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Germany.
Reported Earnings • Apr 14Full year 2022 earnings releasedFull year 2022 results: Revenue: €60.1m (down 10% from FY 2021). Net loss: €6.31m (loss widened €6.25m from FY 2021). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany.
Reported Earnings • Jul 01First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €68.0k from profit in 1H 2021). Profit margin: (down from 0.2% in 1H 2021). Over the next year, revenue is forecast to grow 2.4%, compared to a 20% growth forecast for the industry in Germany.
Reported Earnings • Jan 07Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: €0.005 loss per share (down from €0.35 profit in FY 2020). Revenue: €66.9m (down 9.3% from FY 2020). Net loss: €62.0k (down 101% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 8.0%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
공지 • Mar 11Mobotix AG, Annual General Meeting, Apr 17, 2026Mobotix AG, Annual General Meeting, Apr 17, 2026, at 10:00 W. Europe Standard Time.
Price Target Changed • Dec 30Price target decreased by 17% to €0.50Down from €0.60, the current price target is provided by 1 analyst. New target price is 17% below last closing price of €0.60. The company is forecast to post a net loss per share of €0.18 next year compared to a net loss per share of €0.42 last year.
공지 • Apr 30Certina Software Investments Ag completed the acquisition of 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902).Certina Software Investments Ag signed an agreement to acquire 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902) on March 25, 2025. As part of acquisition, 8,615,382 shares will be acquired. The transaction is subject to approval by regulatory board / committee. The transaction is expected to complete in first half of the fiscal year ending March 31, 2026. Michael Burian, Adrian Bingel and Ocka Stumm of Gleiss Lutz acted as legal advisor to Konica Minolta, Inc. Certina Software Investments Ag completed the acquisition of 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902) on April 29, 2025.
공지 • Mar 27Mobotix AG, Annual General Meeting, May 02, 2025Mobotix AG, Annual General Meeting, May 02, 2025, at 10:00 W. Europe Standard Time.
공지 • Mar 26Certina Software Investments Ag signed an agreement to acquire 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902).Certina Software Investments Ag signed an agreement to acquire 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902) on March 25, 2025. As part of acquisition, 8,615,382 shares will be acquired. The transaction is subject to approval by regulatory board / committee. The transaction is expected to complete in first half of the fiscal year ending March 31, 2026.
New Risk • Aug 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.95m (US$9.77m) 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 (€8.95m market cap, or US$9.77m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
New Risk • May 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.4% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.4% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risk Market cap is less than US$100m (€13.3m market cap, or US$14.5m).
Reported Earnings • Apr 11Full year 2023 earnings releasedFull year 2023 results: Revenue: €68.5m (up 16% from FY 2022). Net loss: €5.41m (loss narrowed 14% from FY 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.
Buy Or Sell Opportunity • Apr 11Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 36% to €1.12. The fair value is estimated to be €1.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Buy Or Sell Opportunity • Mar 01Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 42% to €1.10. The fair value is estimated to be €1.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
New Risk • Dec 10New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (€27.6m market cap, or US$29.8m).
New Risk • Jun 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (€35.5m market cap, or US$38.3m).
Reported Earnings • May 26First half 2023 earnings releasedFirst half 2023 results: Revenue: €35.2m (up 23% from 1H 2022). Net loss: €295.0k (loss narrowed 91% from 1H 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Germany.
Reported Earnings • Apr 14Full year 2022 earnings releasedFull year 2022 results: Revenue: €60.1m (down 10% from FY 2021). Net loss: €6.31m (loss widened €6.25m from FY 2021). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany.
Price Target Changed • Nov 16Price target decreased to €3.20Down from €5.60, the current price target is provided by 1 analyst. New target price is 14% above last closing price of €2.80. Stock is down 49% over the past year. The company is forecast to post a net loss per share of €0.29 next year compared to a net loss per share of €0.0047 last year.
Reported Earnings • Jul 01First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €68.0k from profit in 1H 2021). Profit margin: (down from 0.2% in 1H 2021). Over the next year, revenue is forecast to grow 2.4%, compared to a 20% growth forecast for the industry in Germany.
Price Target Changed • Apr 27Price target decreased to €4.80Down from €5.60, the current price target is provided by 1 analyst. New target price is 12% above last closing price of €4.27. Stock is down 35% over the past year. The company is forecast to post earnings per share of €0.07 next year compared to a net loss per share of €0.0047 last year.
Upcoming Dividend • Jan 21Upcoming dividend of €0.04 per shareEligible shareholders must have bought the stock before 28 January 2022. Payment date: 01 February 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.3%). In line with average of industry peers (0.7%).
Reported Earnings • Jan 07Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: €0.005 loss per share (down from €0.35 profit in FY 2020). Revenue: €66.9m (down 9.3% from FY 2020). Net loss: €62.0k (down 101% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 8.0%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to €6.75, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 24x in the Electronic industry in Germany. Total loss to shareholders of 27% over the past three years.
Price Target Changed • May 07Price target decreased to €9.00Down from €10.25, the current price target is an average from 2 analysts. New target price is 36% above last closing price of €6.60. Stock is up 3.9% over the past year.
Is New 90 Day High Low • Mar 10New 90-day low: €6.75The company is down 5.0% from its price of €7.10 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.44 per share.
Upcoming Dividend • Jan 22Upcoming Dividend of €0.04 Per ShareWill be paid on the 2nd of February to those who are registered shareholders by the 29th of January. The trailing yield of 0.5% is below the top quartile of German dividend payers (3.5%), and is lower than industry peers (0.6%).
Is New 90 Day High Low • Jan 21New 90-day high: €8.20The company is up 43% from its price of €5.75 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.03 per share.
Is New 90 Day High Low • Jan 06New 90-day high: €7.55The company is up 26% from its price of €6.00 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.68 per share.
Price Target Changed • Dec 07Price target lowered to €10.25Down from €12.15, the current price target is an average from 2 analysts. The new target price is 38% above the current share price of €7.45. As of last close, the stock is down 9.1% over the past year.
Is New 90 Day High Low • Dec 03New 90-day high: €6.70The company is up 12% from its price of €6.00 on 04 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 Electronic industry, which is up 8.0% over the same period.
Is New 90 Day High Low • Oct 02New 90-day low: €5.30The company is down 12% from its price of €6.05 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period.