공시 • May 19
Mare Nostrum SA, Annual General Meeting, Jun 16, 2026 Mare Nostrum SA, Annual General Meeting, Jun 16, 2026. Location: 25 rue bossuet, lyon France Reported Earnings • May 05
Full year 2025 earnings released Full year 2025 results: Revenue: €120.0m (flat on FY 2024). Net income: €23.4m (up €33.3m from FY 2024). Profit margin: 20% (up from net loss in FY 2024). 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 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-€18m). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (€3.02m market cap, or US$3.53m). 공시 • May 28
Mare Nostrum SA, Annual General Meeting, Jun 30, 2025 Mare Nostrum SA, Annual General Meeting, Jun 30, 2025. Location: cabinet lamy lexel, 25 rue bossuet, lyon France Reported Earnings • May 18
Full year 2024 earnings released: €1.31 loss per share (vs €1.55 loss in FY 2023) Full year 2024 results: €1.31 loss per share (improved from €1.55 loss in FY 2023). Revenue: €123.1m (down 27% from FY 2023). Net loss: €9.95m (loss narrowed 15% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. New Risk • Dec 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.7% 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 Risks Negative equity (-€8.3m). Earnings have declined by 50% per year over the past 5 years. Market cap is less than US$10m (€1.67m market cap, or US$1.75m). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Board Change • Sep 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Virginie Boissimon-Smolders was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Aug 15
Mare Nostrum SA, Annual General Meeting, Sep 18, 2024 Mare Nostrum SA, Annual General Meeting, Sep 18, 2024. Location: cabinet lamy lexel, 25 rue bossuet, lyon France Reported Earnings • Aug 02
Full year 2023 earnings released: €1.55 loss per share (vs €0.28 loss in FY 2022) Full year 2023 results: €1.55 loss per share (further deteriorated from €0.28 loss in FY 2022). Revenue: €175.0m (up 1.5% from FY 2022). Net loss: €11.7m (loss widened 453% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. New Risk • Apr 19
New minor risk - Financial data availability The 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 Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 38% per year over the past 5 years. Market cap is less than US$10m (€3.48m market cap, or US$3.71m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Reported Earnings • Oct 08
First half 2023 earnings released: €0.26 loss per share (vs €0.10 loss in 1H 2022) First half 2023 results: €0.26 loss per share (further deteriorated from €0.10 loss in 1H 2022). Revenue: €88.1m (up 3.8% from 1H 2022). Net loss: €1.95m (loss widened 150% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Reported Earnings • May 21
Full year 2022 earnings released: €0.28 loss per share (vs €0.071 loss in FY 2021) Full year 2022 results: €0.28 loss per share (further deteriorated from €0.071 loss in FY 2021). Revenue: €179.2m (up 15% from FY 2021). Net loss: €2.12m (loss widened 296% from FY 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). Founder, President of the Board & MD Nicolas Cuynat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Founder, President of the Board & MD Nicolas Cuynat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Dec 17
Mare Nostrum Société anonyme (ENXTPA:ALMAR) acquired UNITT SAS. Mare Nostrum Société anonyme (ENXTPA:ALMAR) acquired UNITT SAS on December 16, 2021.
Mare Nostrum Société anonyme (ENXTPA:ALMAR) completed the acquisition of UNITT SAS on December 16, 2021. Is New 90 Day High Low • Feb 02
New 90-day high: €3.43 The company is up 37% from its price of €2.50 on 03 November 2020. The French market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 8.0% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: €3.26 The company is up 4.0% from its price of €3.12 on 10 September 2020. The French market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 12% over the same period. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 15% share price gain to €2.90, the stock is trading at a trailing P/E ratio of 13.6x, up from the previous P/E ratio of 11.8x. This compares to an average P/E of 23x in the Professional Services industry in France. 공시 • Oct 29
Mare Nostrum Société anonyme (ENXTPA:ALMAR) acquired 50% stake in Inalvea Developpement. Mare Nostrum Société anonyme (ENXTPA:ALMAR) acquired 50% stake in Inalvea Developpement on October 27, 2020. Transaction is fully self-financed. In 2019, Inalvea generated revenue of €1.2 million.
Mare Nostrum Société anonyme (ENXTPA:ALMAR) completed the acquisition of 50% stake in Inalvea Developpement on October 27, 2020. Valuation Update With 7 Day Price Move • Oct 29
Market pulls back on stock over the past week After last week's 17% share price decline to €2.44, the stock is trading at a trailing P/E ratio of 11.4x, down from the previous P/E ratio of 13.8x. This compares to an average P/E of 19x in the Professional Services industry in France. Is New 90 Day High Low • Oct 22
New 90-day low: €2.84 The company is down 7.0% from its price of €3.07 on 24 July 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 23
New 90-day low: €2.96 The company is down 7.0% from its price of €3.17 on 25 June 2020. The French market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 10.0% over the same period.