View ValuationPrologue 향후 성장Future 기준 점검 0/6Prologue 의 수익과 수익은 각각 연간 14.2% 및 67.7% 감소할 것으로 예상됩니다. EPS는 연간 60% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.3% 로 예상됩니다.핵심 정보-67.7%이익 성장률-60.04%EPS 성장률Software 이익 성장8.1%매출 성장률-14.2%향후 자기자본이익률12.30%애널리스트 커버리지Low마지막 업데이트28 Apr 2026최근 향후 성장 업데이트Price Target Changed • May 02Price target increased by 18% to €0.45Up from €0.38, the current price target is provided by 1 analyst. New target price is 77% above last closing price of €0.25. Stock is up 2.9% over the past year. The company is forecast to post earnings per share of €0.13 for next year compared to €0.02 last year.Price Target Changed • May 16Price target increased by 14% to €0.40Up from €0.35, the current price target is provided by 1 analyst. New target price is 71% above last closing price of €0.23. Stock is up 1.7% over the past year. The company is forecast to post a net loss per share of €0.11 compared to earnings per share of €0.0068 last year.Price Target Changed • Feb 16Price target decreased by 11% to €0.33Down from €0.37, the current price target is provided by 1 analyst. New target price is 77% above last closing price of €0.19. Stock is down 26% over the past year. The company is forecast to post a net loss per share of €0.07 compared to earnings per share of €0.0068 last year.Major Estimate Revision • Oct 05Consensus forecasts updatedThe consensus outlook for 2022 has been updated. Forecast loss of -€0.01 per share in 2022, versus previous forecasts of €0.02 per share. Revenue forecast unchanged from €104.8m at last update. Software industry in France expected to see average net income growth of 15% next year. Consensus price target down from €0.50 to €0.38. Share price fell 2.2% to €0.26 over the past week.Breakeven Date Change • Oct 04Forecast breakeven date pushed back to 2023The analyst covering Prologue previously expected the company to break even in 2022. New forecast suggests losses will reduce by 78% to 2022. The company is expected to make a profit of €20.0k in 2023. Average annual earnings growth of 110% is required to achieve expected profit on schedule.Breakeven Date Change • Apr 27Forecast breakeven date pushed back to 2022The analyst covering Prologue previously expected the company to break even in 2021. New forecast suggests the company will make a profit of €160.0k in 2022. Average annual earnings growth of 113% is required to achieve expected profit on schedule.모든 업데이트 보기Recent updates분석 기사 • May 06Prologue's (EPA:ALPRG) Profits May Not Reveal Underlying IssuesThe market shrugged off Prologue S.A.'s ( EPA:ALPRG ) solid earnings report. We did some digging and believe investors...Reported Earnings • May 05Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: €0.09 (up from €0.02 in FY 2024). Revenue: €66.6m (down 40% from FY 2024). Net income: €9.83m (up 397% from FY 2024). Profit margin: 15% (up from 1.8% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 37%. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is expected to decline by 14% p.a. on average during the next 2 years, while revenues in the Software industry in France are expected to grow by 5.6%. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Price Target Changed • May 02Price target increased by 18% to €0.45Up from €0.38, the current price target is provided by 1 analyst. New target price is 77% above last closing price of €0.25. Stock is up 2.9% over the past year. The company is forecast to post earnings per share of €0.13 for next year compared to €0.02 last year.New Risk • Nov 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 60% 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 Risks Earnings are forecast to decline by an average of 60% per year for the foreseeable future. High level of non-cash earnings (93% accrual ratio). Minor Risk Market cap is less than US$100m (€22.4m market cap, or US$25.8m).공지 • Jul 02Archos S.A. (ENXTPA:ALJXR) completed the acquisition of O2i Ingénierie from Prologue S.A. (ENXTPA:ALPRG).Archos S.A. (ENXTPA:ALJXR) signed a letter of intent to acquire O2i Ingénierie from Prologue S.A. (ENXTPA:ALPRG) for €0.3 million on May 27, 2025. A cash consideration of €0.3 million will be paid by Archos S.A. As part of consideration, €0.3 million is paid towards common equity of O2i Ingénierie. For the period ending December 31, 2024, O2i Ingénierie reported total revenue of €11 million. The transaction remains subject to consultation with Prologue's employee representative bodies, approval, and the signing of definitive documentation, and is expected to be finalized by July 1, 2025. Archos S.A. (ENXTPA:ALJXR) completed the acquisition of O2i Ingénierie from Prologue S.A. (ENXTPA:ALPRG) on July 1, 2025.분석 기사 • Jun 17Prologue S.A. (EPA:ALPRG) Shares Fly 26% But Investors Aren't Buying For GrowthPrologue S.A. ( EPA:ALPRG ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...New Risk • Jun 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 5.0% 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: Minor Risks Share price has been volatile over the past 3 months (5.0% average weekly change). Market cap is less than US$100m (€22.9m market cap, or US$26.5m).Buy Or Sell Opportunity • Jun 16Now 37% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to €0.31. The fair value is estimated to be €0.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 21% per annum. Earnings are forecast to grow by 7.2% per annum over the same time period.분석 기사 • May 22There May Be Underlying Issues With The Quality Of Prologue's (EPA:ALPRG) EarningsDespite posting some strong earnings, the market for Prologue S.A.'s ( EPA:ALPRG ) stock hasn't moved much. Our...Reported Earnings • May 17Full year 2024 earnings released: EPS: €0.028 (vs €0.11 loss in FY 2023)Full year 2024 results: EPS: €0.028 (up from €0.11 loss in FY 2023). Revenue: €112.8m (up 1.0% from FY 2023). Net income: €1.98m (up €12.2m from FY 2023). Profit margin: 1.8% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is expected to decline by 36% p.a. on average during the next 2 years, while revenues in the Software industry in France are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공지 • May 17Prologue S.A., Annual General Meeting, Jun 24, 2025Prologue S.A., Annual General Meeting, Jun 24, 2025. Location: 101 avenue laurent cely, gennevilliers France분석 기사 • Feb 27Prologue S.A. (EPA:ALPRG) Stock Catapults 25% Though Its Price And Business Still Lag The IndustryDespite an already strong run, Prologue S.A. ( EPA:ALPRG ) shares have been powering on, with a gain of 25% in the last...New Risk • Feb 05New major risk - Revenue and earnings growthEarnings have declined by 27% 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 (10% average weekly change). Earnings have declined by 27% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€24.6m market cap, or US$25.7m).분석 기사 • Feb 05The Returns On Capital At Prologue (EPA:ALPRG) Don't Inspire ConfidenceIf you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...분석 기사 • Nov 13There's No Escaping Prologue S.A.'s (EPA:ALPRG) Muted Revenues Despite A 28% Share Price RisePrologue S.A. ( EPA:ALPRG ) shareholders would be excited to see that the share price has had a great month, posting a...분석 기사 • Nov 02Prologue's (EPA:ALPRG) Returns On Capital Not Reflecting Well On The BusinessIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...New Risk • Oct 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€15.9m market cap, or US$17.3m).분석 기사 • Aug 21Prologue S.A.'s (EPA:ALPRG) Revenues Are Not Doing Enough For Some InvestorsPrologue S.A.'s ( EPA:ALPRG ) price-to-sales (or "P/S") ratio of 0.1x might make it look like a buy right now compared...New Risk • May 17New minor risk - Financial data availabilityThe 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (€18.6m market cap, or US$20.1m).Price Target Changed • May 16Price target increased by 14% to €0.40Up from €0.35, the current price target is provided by 1 analyst. New target price is 71% above last closing price of €0.23. Stock is up 1.7% over the past year. The company is forecast to post a net loss per share of €0.11 compared to earnings per share of €0.0068 last year.공지 • May 12Prologue S.A., Annual General Meeting, Jun 27, 2024Prologue S.A., Annual General Meeting, Jun 27, 2024. Location: 101 avenue laurent cely, gennevilliers France분석 기사 • Apr 18Prologue S.A. (EPA:ALPRG) Surges 29% Yet Its Low P/S Is No Reason For ExcitementThose holding Prologue S.A. ( EPA:ALPRG ) shares would be relieved that the share price has rebounded 29% in the last...New Risk • Apr 17New minor risk - Share price stabilityThe 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: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (€17.4m market cap, or US$18.5m).분석 기사 • Mar 09The Return Trends At Prologue (EPA:ALPRG) Look PromisingFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Price Target Changed • Feb 16Price target decreased by 11% to €0.33Down from €0.37, the current price target is provided by 1 analyst. New target price is 77% above last closing price of €0.19. Stock is down 26% over the past year. The company is forecast to post a net loss per share of €0.07 compared to earnings per share of €0.0068 last year.분석 기사 • Nov 22Prologue (EPA:ALPRG) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...New Risk • Nov 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% 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 0.3% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (€20.7m market cap, or US$22.2m).분석 기사 • Oct 05Returns Are Gaining Momentum At Prologue (EPA:ALPRG)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...New Risk • Jul 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.3% 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: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (€24.4m market cap, or US$26.5m).분석 기사 • Jun 21Does Prologue (EPA:ALPRG) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Annik Harmand was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Oct 05Consensus forecasts updatedThe consensus outlook for 2022 has been updated. Forecast loss of -€0.01 per share in 2022, versus previous forecasts of €0.02 per share. Revenue forecast unchanged from €104.8m at last update. Software industry in France expected to see average net income growth of 15% next year. Consensus price target down from €0.50 to €0.38. Share price fell 2.2% to €0.26 over the past week.Breakeven Date Change • Oct 04Forecast breakeven date pushed back to 2023The analyst covering Prologue previously expected the company to break even in 2022. New forecast suggests losses will reduce by 78% to 2022. The company is expected to make a profit of €20.0k in 2023. Average annual earnings growth of 110% is required to achieve expected profit on schedule.Breakeven Date Change • Apr 27Forecast breakeven date pushed back to 2022The analyst covering Prologue previously expected the company to break even in 2021. New forecast suggests the company will make a profit of €160.0k in 2022. Average annual earnings growth of 113% is required to achieve expected profit on schedule.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Annik Harmand was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.분석 기사 • Feb 21We Like These Underlying Return On Capital Trends At Prologue (EPA:PROL)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Breakeven Date Change • Dec 31Forecast breakeven date pushed back to 2022The analyst covering Prologue previously expected the company to break even in 2021. New forecast suggests the company will make a profit of €2.14m in 2022. Average annual earnings growth of 108% is required to achieve expected profit on schedule.분석 기사 • Sep 04Returns At Prologue (EPA:PROL) Are On The Way UpIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Jun 14Does Prologue (EPA:PROL) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • May 09Investors Will Want Prologue's (EPA:PROL) Growth In ROCE To PersistFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Apr 25Full year 2020 earnings releasedThe company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: €79.2m (down 9.4% from FY 2019). Net loss: €1.68m (loss narrowed 25% from FY 2019).분석 기사 • Mar 17Prologue S.A. (EPA:PROL) Is About To Turn The CornerPrologue S.A. ( EPA:PROL ) is possibly approaching a major achievement in its business, so we would like to shine some...Is New 90 Day High Low • Jan 11New 90-day high: €0.40The company is up 60% from its price of €0.25 on 13 October 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 5.0% over the same period.분석 기사 • Dec 02Is It Too Late To Consider Buying Prologue S.A. (EPA:PROL)?Prologue S.A. ( EPA:PROL ), is not the largest company out there, but it saw a significant share price rise of over 20...Is New 90 Day High Low • Nov 03New 90-day low: €0.23The company is down 2.0% from its price of €0.23 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 Software industry, which is down 5.0% over the same period.Reported Earnings • Oct 04First half earnings releasedOver the last 12 months the company has reported total losses of €4.74m, with losses widening by 209% from the prior year. Total revenue was €80.0m over the last 12 months, down 9.9% from the prior year.이익 및 매출 성장 예측ENXTPA:ALPRG - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202751324112/31/202650313112/31/20256710-13-11N/A9/30/20258110-10-8N/A6/30/2025949-8-5N/A3/31/20251036-21N/A12/31/2024111236N/A9/30/20241110N/AN/AN/A6/30/2024111-389N/A3/31/2024111-668N/A12/31/2023112-1046N/A9/30/2023113-8N/AN/AN/A6/30/2023113-6-22N/A3/31/2023111-3-13N/A12/31/20221091-13N/A9/30/20221072-22N/A6/30/20221031-13N/A3/31/202299015N/A12/31/202196-126N/A9/30/202192-359N/A6/30/202190-248N/A3/31/202185-236N/A12/31/202079-124N/A9/30/202080-213N/A6/30/202080-203N/A3/31/202084-2-23N/A12/31/201987-2-43N/A9/30/201988-2N/A3N/A6/30/201989-2N/A3N/A3/31/201987-1N/A4N/A12/31/201886-1N/A4N/A6/30/2018780N/A1N/A3/31/201877-1N/A0N/A12/31/201777-3N/A-2N/A6/30/201779-6N/A-1N/A3/31/201777-5N/A-1N/A12/31/201675-5N/A-1N/A9/30/201672-4N/A-2N/A6/30/201669-3N/A-4N/A3/31/201658-3N/A-4N/A12/31/201546-3N/A-4N/A9/30/201535-3N/AN/AN/A6/30/201523-2N/A-5N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: ALPRG 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -67.7%).수익 vs 시장: ALPRG 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -67.7%).고성장 수익: ALPRG 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: ALPRG 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -14.2%).고성장 매출: ALPRG 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -14.2%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: ALPRG의 자본 수익률은 3년 후 12.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/08 10:50종가2026/05/08 00:00수익2025/12/31연간 수익2025/12/31데이터 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 소스Prologue S.A.는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Loic WolfGreenSome Finance
Price Target Changed • May 02Price target increased by 18% to €0.45Up from €0.38, the current price target is provided by 1 analyst. New target price is 77% above last closing price of €0.25. Stock is up 2.9% over the past year. The company is forecast to post earnings per share of €0.13 for next year compared to €0.02 last year.
Price Target Changed • May 16Price target increased by 14% to €0.40Up from €0.35, the current price target is provided by 1 analyst. New target price is 71% above last closing price of €0.23. Stock is up 1.7% over the past year. The company is forecast to post a net loss per share of €0.11 compared to earnings per share of €0.0068 last year.
Price Target Changed • Feb 16Price target decreased by 11% to €0.33Down from €0.37, the current price target is provided by 1 analyst. New target price is 77% above last closing price of €0.19. Stock is down 26% over the past year. The company is forecast to post a net loss per share of €0.07 compared to earnings per share of €0.0068 last year.
Major Estimate Revision • Oct 05Consensus forecasts updatedThe consensus outlook for 2022 has been updated. Forecast loss of -€0.01 per share in 2022, versus previous forecasts of €0.02 per share. Revenue forecast unchanged from €104.8m at last update. Software industry in France expected to see average net income growth of 15% next year. Consensus price target down from €0.50 to €0.38. Share price fell 2.2% to €0.26 over the past week.
Breakeven Date Change • Oct 04Forecast breakeven date pushed back to 2023The analyst covering Prologue previously expected the company to break even in 2022. New forecast suggests losses will reduce by 78% to 2022. The company is expected to make a profit of €20.0k in 2023. Average annual earnings growth of 110% is required to achieve expected profit on schedule.
Breakeven Date Change • Apr 27Forecast breakeven date pushed back to 2022The analyst covering Prologue previously expected the company to break even in 2021. New forecast suggests the company will make a profit of €160.0k in 2022. Average annual earnings growth of 113% is required to achieve expected profit on schedule.
분석 기사 • May 06Prologue's (EPA:ALPRG) Profits May Not Reveal Underlying IssuesThe market shrugged off Prologue S.A.'s ( EPA:ALPRG ) solid earnings report. We did some digging and believe investors...
Reported Earnings • May 05Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: €0.09 (up from €0.02 in FY 2024). Revenue: €66.6m (down 40% from FY 2024). Net income: €9.83m (up 397% from FY 2024). Profit margin: 15% (up from 1.8% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 37%. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is expected to decline by 14% p.a. on average during the next 2 years, while revenues in the Software industry in France are expected to grow by 5.6%. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Price Target Changed • May 02Price target increased by 18% to €0.45Up from €0.38, the current price target is provided by 1 analyst. New target price is 77% above last closing price of €0.25. Stock is up 2.9% over the past year. The company is forecast to post earnings per share of €0.13 for next year compared to €0.02 last year.
New Risk • Nov 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 60% 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 Risks Earnings are forecast to decline by an average of 60% per year for the foreseeable future. High level of non-cash earnings (93% accrual ratio). Minor Risk Market cap is less than US$100m (€22.4m market cap, or US$25.8m).
공지 • Jul 02Archos S.A. (ENXTPA:ALJXR) completed the acquisition of O2i Ingénierie from Prologue S.A. (ENXTPA:ALPRG).Archos S.A. (ENXTPA:ALJXR) signed a letter of intent to acquire O2i Ingénierie from Prologue S.A. (ENXTPA:ALPRG) for €0.3 million on May 27, 2025. A cash consideration of €0.3 million will be paid by Archos S.A. As part of consideration, €0.3 million is paid towards common equity of O2i Ingénierie. For the period ending December 31, 2024, O2i Ingénierie reported total revenue of €11 million. The transaction remains subject to consultation with Prologue's employee representative bodies, approval, and the signing of definitive documentation, and is expected to be finalized by July 1, 2025. Archos S.A. (ENXTPA:ALJXR) completed the acquisition of O2i Ingénierie from Prologue S.A. (ENXTPA:ALPRG) on July 1, 2025.
분석 기사 • Jun 17Prologue S.A. (EPA:ALPRG) Shares Fly 26% But Investors Aren't Buying For GrowthPrologue S.A. ( EPA:ALPRG ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
New Risk • Jun 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 5.0% 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: Minor Risks Share price has been volatile over the past 3 months (5.0% average weekly change). Market cap is less than US$100m (€22.9m market cap, or US$26.5m).
Buy Or Sell Opportunity • Jun 16Now 37% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to €0.31. The fair value is estimated to be €0.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 21% per annum. Earnings are forecast to grow by 7.2% per annum over the same time period.
분석 기사 • May 22There May Be Underlying Issues With The Quality Of Prologue's (EPA:ALPRG) EarningsDespite posting some strong earnings, the market for Prologue S.A.'s ( EPA:ALPRG ) stock hasn't moved much. Our...
Reported Earnings • May 17Full year 2024 earnings released: EPS: €0.028 (vs €0.11 loss in FY 2023)Full year 2024 results: EPS: €0.028 (up from €0.11 loss in FY 2023). Revenue: €112.8m (up 1.0% from FY 2023). Net income: €1.98m (up €12.2m from FY 2023). Profit margin: 1.8% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is expected to decline by 36% p.a. on average during the next 2 years, while revenues in the Software industry in France are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공지 • May 17Prologue S.A., Annual General Meeting, Jun 24, 2025Prologue S.A., Annual General Meeting, Jun 24, 2025. Location: 101 avenue laurent cely, gennevilliers France
분석 기사 • Feb 27Prologue S.A. (EPA:ALPRG) Stock Catapults 25% Though Its Price And Business Still Lag The IndustryDespite an already strong run, Prologue S.A. ( EPA:ALPRG ) shares have been powering on, with a gain of 25% in the last...
New Risk • Feb 05New major risk - Revenue and earnings growthEarnings have declined by 27% 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 (10% average weekly change). Earnings have declined by 27% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€24.6m market cap, or US$25.7m).
분석 기사 • Feb 05The Returns On Capital At Prologue (EPA:ALPRG) Don't Inspire ConfidenceIf you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
분석 기사 • Nov 13There's No Escaping Prologue S.A.'s (EPA:ALPRG) Muted Revenues Despite A 28% Share Price RisePrologue S.A. ( EPA:ALPRG ) shareholders would be excited to see that the share price has had a great month, posting a...
분석 기사 • Nov 02Prologue's (EPA:ALPRG) Returns On Capital Not Reflecting Well On The BusinessIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...
New Risk • Oct 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€15.9m market cap, or US$17.3m).
분석 기사 • Aug 21Prologue S.A.'s (EPA:ALPRG) Revenues Are Not Doing Enough For Some InvestorsPrologue S.A.'s ( EPA:ALPRG ) price-to-sales (or "P/S") ratio of 0.1x might make it look like a buy right now compared...
New Risk • May 17New minor risk - Financial data availabilityThe 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (€18.6m market cap, or US$20.1m).
Price Target Changed • May 16Price target increased by 14% to €0.40Up from €0.35, the current price target is provided by 1 analyst. New target price is 71% above last closing price of €0.23. Stock is up 1.7% over the past year. The company is forecast to post a net loss per share of €0.11 compared to earnings per share of €0.0068 last year.
공지 • May 12Prologue S.A., Annual General Meeting, Jun 27, 2024Prologue S.A., Annual General Meeting, Jun 27, 2024. Location: 101 avenue laurent cely, gennevilliers France
분석 기사 • Apr 18Prologue S.A. (EPA:ALPRG) Surges 29% Yet Its Low P/S Is No Reason For ExcitementThose holding Prologue S.A. ( EPA:ALPRG ) shares would be relieved that the share price has rebounded 29% in the last...
New Risk • Apr 17New minor risk - Share price stabilityThe 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: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (€17.4m market cap, or US$18.5m).
분석 기사 • Mar 09The Return Trends At Prologue (EPA:ALPRG) Look PromisingFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Price Target Changed • Feb 16Price target decreased by 11% to €0.33Down from €0.37, the current price target is provided by 1 analyst. New target price is 77% above last closing price of €0.19. Stock is down 26% over the past year. The company is forecast to post a net loss per share of €0.07 compared to earnings per share of €0.0068 last year.
분석 기사 • Nov 22Prologue (EPA:ALPRG) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Risk • Nov 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% 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 0.3% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (€20.7m market cap, or US$22.2m).
분석 기사 • Oct 05Returns Are Gaining Momentum At Prologue (EPA:ALPRG)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
New Risk • Jul 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.3% 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: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (€24.4m market cap, or US$26.5m).
분석 기사 • Jun 21Does Prologue (EPA:ALPRG) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Annik Harmand was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Oct 05Consensus forecasts updatedThe consensus outlook for 2022 has been updated. Forecast loss of -€0.01 per share in 2022, versus previous forecasts of €0.02 per share. Revenue forecast unchanged from €104.8m at last update. Software industry in France expected to see average net income growth of 15% next year. Consensus price target down from €0.50 to €0.38. Share price fell 2.2% to €0.26 over the past week.
Breakeven Date Change • Oct 04Forecast breakeven date pushed back to 2023The analyst covering Prologue previously expected the company to break even in 2022. New forecast suggests losses will reduce by 78% to 2022. The company is expected to make a profit of €20.0k in 2023. Average annual earnings growth of 110% is required to achieve expected profit on schedule.
Breakeven Date Change • Apr 27Forecast breakeven date pushed back to 2022The analyst covering Prologue previously expected the company to break even in 2021. New forecast suggests the company will make a profit of €160.0k in 2022. Average annual earnings growth of 113% is required to achieve expected profit on schedule.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Annik Harmand was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
분석 기사 • Feb 21We Like These Underlying Return On Capital Trends At Prologue (EPA:PROL)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Breakeven Date Change • Dec 31Forecast breakeven date pushed back to 2022The analyst covering Prologue previously expected the company to break even in 2021. New forecast suggests the company will make a profit of €2.14m in 2022. Average annual earnings growth of 108% is required to achieve expected profit on schedule.
분석 기사 • Sep 04Returns At Prologue (EPA:PROL) Are On The Way UpIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Jun 14Does Prologue (EPA:PROL) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • May 09Investors Will Want Prologue's (EPA:PROL) Growth In ROCE To PersistFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Apr 25Full year 2020 earnings releasedThe company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: €79.2m (down 9.4% from FY 2019). Net loss: €1.68m (loss narrowed 25% from FY 2019).
분석 기사 • Mar 17Prologue S.A. (EPA:PROL) Is About To Turn The CornerPrologue S.A. ( EPA:PROL ) is possibly approaching a major achievement in its business, so we would like to shine some...
Is New 90 Day High Low • Jan 11New 90-day high: €0.40The company is up 60% from its price of €0.25 on 13 October 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 5.0% over the same period.
분석 기사 • Dec 02Is It Too Late To Consider Buying Prologue S.A. (EPA:PROL)?Prologue S.A. ( EPA:PROL ), is not the largest company out there, but it saw a significant share price rise of over 20...
Is New 90 Day High Low • Nov 03New 90-day low: €0.23The company is down 2.0% from its price of €0.23 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 Software industry, which is down 5.0% over the same period.
Reported Earnings • Oct 04First half earnings releasedOver the last 12 months the company has reported total losses of €4.74m, with losses widening by 209% from the prior year. Total revenue was €80.0m over the last 12 months, down 9.9% from the prior year.