New Risk • Oct 01
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. High level of non-cash earnings (100% accrual ratio). Market cap is less than US$10m (€4.17m market cap, or US$4.90m). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). 공지 • Sep 16
Pacte Novation, Annual General Meeting, Sep 30, 2025 Pacte Novation, Annual General Meeting, Sep 30, 2025. Location: 2 rue mozart, clichy France New Risk • Mar 10
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 46% per year over the past 5 years. Market cap is less than US$10m (€3.76m market cap, or US$4.07m). New Risk • Jan 13
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 7.4% 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 have declined by 46% per year over the past 5 years. Market cap is less than US$10m (€4.28m market cap, or US$4.37m). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). New Risk • Nov 16
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 Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (€4.61m market cap, or US$4.85m). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). New Risk • Oct 01
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (€4.20m market cap, or US$4.65m). 공지 • Aug 08
Pacte Novation, Annual General Meeting, Sep 30, 2024 Pacte Novation, Annual General Meeting, Sep 30, 2024. New Risk • Jun 28
New minor risk - Financial data availability The 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue has declined by 1.7% over the past year. Market cap is less than US$10m (€5.02m market cap, or US$5.37m). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Profit margins are more than 30% lower than last year (0.4% net profit margin). New Risk • Sep 12
New major risk - Revenue and earnings growth Earnings have declined by 25% 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 (11% average weekly change). Earnings have declined by 25% per year over the past 5 years. Market cap is less than US$10m (€5.12m market cap, or US$5.49m). Minor Risk Profit margins are more than 30% lower than last year (0.4% net profit margin). Reported Earnings • Sep 12
Full year 2023 earnings released Full year 2023 results: Revenue: €8.69m (up 2.8% from FY 2022). Net income: €31.6k (down 90% from FY 2022). Profit margin: 0.4% (down from 3.6% in FY 2022). The decrease in margin was driven by higher expenses. New Risk • Sep 02
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended March 2022. 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 March 2022 fiscal period end). Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (€5.12m market cap, or US$5.52m). Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to €10.00, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 31x in the Software industry in France. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €8.80, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 38x in the Software industry in France. Total returns to shareholders of 96% over the past three years. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment deteriorated over the past week After last week's 39% share price decline to €7.10, the stock trades at a trailing P/E ratio of 61.8x. Average trailing P/E is 37x in the Software industry in France. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment deteriorated over the past week After last week's 22% share price decline to €7.00, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 41x in the Software industry in France. Total returns to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment deteriorated over the past week After last week's 26% share price decline to €6.50, the stock trades at a trailing P/E ratio of 56.6x. Average trailing P/E is 43x in the Software industry in France. Total returns to shareholders of 134% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 21% share price gain to €9.50, the stock trades at a trailing P/E ratio of 76.6x. Average trailing P/E is 43x in the Software industry in France. Total returns to shareholders of 36% over the past year. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 16% share price gain to €9.85, the stock trades at a trailing P/E ratio of 79.4x. Average trailing P/E is 50x in the Software industry in France. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 75% share price gain to €8.75, the stock trades at a trailing P/E ratio of 70.6x. Average trailing P/E is 68x in the Software industry in France. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improved over the past week After last week's 32% share price gain to €7.50, the stock trades at a trailing P/E ratio of 60.5x. Average trailing P/E is 55x in the Software industry in France. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorated over the past week After last week's 34% share price decline to €6.55, the stock trades at a trailing P/E ratio of 52.8x. Average trailing P/E is 67x in the Software industry in France. Total returns to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 25% share price gain to €9.85, the stock is trading at a trailing P/E ratio of 79.4x, up from the previous P/E ratio of 63.7x. This compares to an average P/E of 63x in the Software industry in France. Total returns to shareholders over the past three years are 146%. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 28% share price gain to €5.10, the stock is trading at a trailing P/E ratio of 41.1x, up from the previous P/E ratio of 32.3x. This compares to an average P/E of 42x in the Software industry in France. Total returns to shareholders over the past three years are 28%. Valuation Update With 7 Day Price Move • Nov 26
Market pulls back on stock over the past week After last week's 34% share price decline to €4.00, the stock is trading at a trailing P/E ratio of 32.3x, down from the previous P/E ratio of 48.8x. This compares to an average P/E of 40x in the Software industry in France. Total returns to shareholders over the past three years are 27%.