Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €6.00, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 18x in the Trade Distributors industry in France. Total returns to shareholders of 338% over the past three years. 공시 • May 27
Gold By Gold SA, Annual General Meeting, Jun 29, 2026 Gold By Gold SA, Annual General Meeting, Jun 29, 2026. Location: 58 rue de la victoire, paris France Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to €4.87, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 25x in the Trade Distributors industry in France. Total returns to shareholders of 239% over the past three years. New Risk • May 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 June 2025 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.04% net profit margin). Market cap is less than US$100m (€9.57m market cap, or US$11.1m). New Risk • Jan 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 10% 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 (10% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.04% net profit margin). Market cap is less than US$100m (€10.8m market cap, or US$12.6m). New Risk • Nov 04
New major risk - Revenue and earnings growth Earnings have declined by 26% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Earnings have declined by 26% per year over the past 5 years. Market cap is less than US$10m (€7.03m market cap, or US$8.08m). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Buy Or Sell Opportunity • Aug 19
Now 26% overvalued Over the last 90 days, the stock has fallen 16% to €2.79. The fair value is estimated to be €2.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable. 공시 • Jul 02
Gold By Gold SA announces Annual dividend, payable on July 07, 2025 Gold By Gold SA announced Annual dividend of EUR 0.0300 per share payable on July 07, 2025, ex-date on July 03, 2025 and record date on July 04, 2025. 공시 • May 24
Gold By Gold SA, Annual General Meeting, Jun 27, 2025 Gold By Gold SA, Annual General Meeting, Jun 27, 2025. Location: 13 15 rue taitbout, paris France Reported Earnings • May 05
Full year 2024 earnings released: EPS: €0.013 (vs €0.15 loss in FY 2023) Full year 2024 results: EPS: €0.013 (up from €0.15 loss in FY 2023). Revenue: €13.7m (up 36% from FY 2023). Net income: €36.1k (up €444.2k from FY 2023). Profit margin: 0.3% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. New Risk • May 02
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2023. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risk Market cap is less than US$100m (€9.56m market cap, or US$10.8m). New Risk • Feb 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.40m (US$9.70m) 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (€9.40m market cap, or US$9.70m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). New Risk • Nov 17
New minor risk - Financial data availability The 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: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 64% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (€10.6m market cap, or US$11.2m). New Risk • May 26
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€1.4m 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 (-€1.4m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (€5.34m market cap, or US$5.80m). 공시 • May 20
Gold By Gold SA, Annual General Meeting, Jun 27, 2024 Gold By Gold SA, Annual General Meeting, Jun 27, 2024. Location: 13 15 rue taitbout, paris France Reported Earnings • May 05
Full year 2023 earnings released: €0.15 loss per share (vs €0.083 loss in FY 2022) Full year 2023 results: €0.15 loss per share (further deteriorated from €0.083 loss in FY 2022). Revenue: €10.1m (up 23% from FY 2022). Net loss: €408.1k (loss widened 81% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. New Risk • Nov 08
New major risk - Revenue and earnings growth Earnings have declined by 44% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 44% per year over the past 5 years. Market cap is less than US$10m (€2.87m market cap, or US$3.08m). Board Change • Feb 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Laurent Bouteloup was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • May 02
Full year 2021 earnings released Full year 2021 results: Revenue: €6.93m (up 121% from FY 2020). Net loss: €164.0k (loss widened €153.0k from FY 2020). Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Laurent Bouteloup was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • May 04
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €3.14m (down 70% from FY 2019). Net loss: €11.0k (down 105% from profit in FY 2019). Is New 90 Day High Low • Jan 22
New 90-day high: €1.14 The company is up 6.0% from its price of €1.08 on 23 October 2020. The French market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 30% over the same period. Is New 90 Day High Low • Nov 02
New 90-day high: €1.10 The company is up 3.0% from its price of €1.07 on 04 August 2020. The French market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is down 10.0% over the same period.