New Risk • Jun 01
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). Earnings have declined by 56% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€10.7m market cap, or US$12.4m). New Risk • May 25
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: Major Risks Earnings have declined by 67% per year over the past 5 years. Market cap is less than US$10m (€7.84m market cap, or US$9.10m). 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 (9.2% average weekly change). 공시 • May 21
Grolleau Société Anonyme, Annual General Meeting, Jun 23, 2026 Grolleau Société Anonyme, Annual General Meeting, Jun 23, 2026. Location: 135 chemin du moulin de la buie, montilliers France Reported Earnings • May 05
Full year 2025 earnings released: €0.71 loss per share (vs €0.45 loss in FY 2024) Full year 2025 results: €0.71 loss per share (further deteriorated from €0.45 loss in FY 2024). Revenue: €47.6m (up 18% from FY 2024). Net loss: €2.02m (loss widened 38% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. New Risk • Feb 11
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 6.9% 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 Earnings have declined by 67% per year over the past 5 years. Market cap is less than US$10m (€8.41m market cap, or US$9.99m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). 공시 • Sep 18
Grolleau Société Anonyme (ENXTPA:ALGRO) acquired an additional 25.10% stake in Omp Mechtron Spa from Conte family. Grolleau Société Anonyme (ENXTPA:ALGRO) acquired an additional 25.10% stake in Omp Mechtron Spa from Conte family on September 17, 2025. OMP will now be fully consolidated in the Group 's accounts from September 17, 2025. OMP will continue to operate under the "Grolleau OMP Mechtron" trademark while benefiting from Grolleau's industrial, commercial and organizational support to accelerate its development and meet the needs of its markets. Grolleau Société Anonyme now holds 75% stake in Omp Mechtron. Grolleau has the option to increase its stake to a full 100% by 2028, with the option to either convert the remaining shares into new Grolleau shares or purchase them for cash, based on an EBITDA multiple applied to the 2026 financials of the company.
Grolleau Société Anonyme (ENXTPA:ALGRO) completed the acquisition of an additional 25.10% stake in Omp Mechtron Spa from Conte family on September 17, 2025. New Risk • Sep 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.58m (US$9.98m) 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 Earnings have declined by 66% per year over the past 5 years. Market cap is less than US$10m (€8.58m market cap, or US$9.98m). 공시 • May 17
Grolleau Société Anonyme, Annual General Meeting, Jun 20, 2025 Grolleau Société Anonyme, Annual General Meeting, Jun 20, 2025. Location: 135 chemin du moulin de la buie, montilliers France 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). Revenue has declined by 27% over the past year. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (€9.78m market cap, or US$11.0m). New Risk • Apr 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.09m (US$9.94m) 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 Revenue has declined by 27% over the past year. Market cap is less than US$10m (€9.09m market cap, or US$9.94m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (8.2% average weekly change). 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 Risk 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). Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (€12.1m market cap, or US$12.7m). 공시 • May 15
Grolleau Société Anonyme, Annual General Meeting, Jun 18, 2024 Grolleau Société Anonyme, Annual General Meeting, Jun 18, 2024. Location: 135 chemin du moulin de la buie, montilliers France Reported Earnings • May 03
Full year 2023 earnings: Revenues in line with analyst expectations Full year 2023 results: Revenue: €25.6m (down 26% from FY 2022). Net loss: €808.3k (down 325% from profit in FY 2022). Revenue was in line with analyst estimates. New Risk • Mar 07
New major risk - Revenue and earnings growth Earnings have declined by 60% 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 Risk Earnings have declined by 60% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (€14.0m market cap, or US$15.2m). New Risk • Sep 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 41% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (0.02% net profit margin). Market cap is less than US$100m (€16.5m market cap, or US$17.5m). 공시 • Aug 07
Grolleau Société Anonyme acquired a 49.9% stake in Omp Mechtron Spa. Grolleau Société Anonyme acquired a 49.9% stake in Omp Mechtron Spa on August 7, 2023. Atout Capital acted as financial advisor to Grolleau Société Anonyme. CastaldiPartners and Pedersoli e Associati aced as legal advisor to Grolleau Société Anonyme.
Grolleau Société Anonyme completed the acquisition of a 49.9% stake in Omp Mechtron Spa on August 7, 2023. New Risk • Jul 21
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.02% Last year net profit margin: 2.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.02% net profit margin). Market cap is less than US$100m (€16.6m market cap, or US$18.5m). Reported Earnings • Jul 20
Full year 2023 earnings released Full year 2023 results: Revenue: €34.1m (up 8.9% from FY 2022). Net income: €8.0k (down 99% from FY 2022). Profit margin: 0% (down from 2.0% in FY 2022). Revenue is forecast to stay flat during the next 2 years compared to a 1.1% decline forecast for the Metals and Mining industry in Europe. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €5.20, the stock trades at a trailing P/E ratio of 20.8x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total loss to shareholders of 43% over the past year. New Risk • Jul 06
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 6.4% 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 Earnings are forecast to decline by an average of 75% per year for the foreseeable future. High level of non-cash earnings (24% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (€13.9m market cap, or US$15.1m). New Risk • Jun 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. 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 Earnings are forecast to decline by an average of 75% per year for the foreseeable future. High level of non-cash earnings (24% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Market cap is less than US$100m (€13.6m market cap, or US$14.7m). 공시 • Feb 15
Grolleau Enters into Negotiations for Acquisition of Stake in Omp Mechtron Grolleau Société Anonyme (ENXTPA:ALGRO) entered into exclusive negotiations for a gradual acquisition of stake in Omp Mechtron Spa. Grolleau plans to gradually take a stake over 3 years. Final signature of the transaction should take place before June 30, 2023 subject to conditions. Major Estimate Revision • Jan 27
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €34.4m to €34.0m. Now expected to report a loss of €0.04 per share instead of €0.15 per share profit previously forecast. Metals and Mining industry in France expected to see average net income decline 25% next year. Consensus price target down from €10.00 to €7.30. Share price fell 6.7% to €7.28 over the past week. Reported Earnings • Dec 10
First half 2023 earnings released First half 2023 results: Revenue: €18.9m (up 21% from 1H 2022). Net income: €374.3k (up 20% from 1H 2022). Profit margin: 2.0% (in line with 1H 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 2.9% decline forecast for the Metals and Mining industry in Europe. Major Estimate Revision • Nov 17
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate fell from €0.21 to €0.15 per share. Revenue forecast steady at €34.4m. Net income forecast to shrink 33% next year vs 19% decline forecast for Metals and Mining industry in France. Consensus price target down from €11.10 to €10.00. Share price rose 4.5% to €8.74 over the past week. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.