View ValuationDigital Bros 향후 성장Future 기준 점검 3/6Digital Bros 의 수익은 연간 2.9% 감소할 것으로 예상되는 반면, 연간 수익은 108.6% 로 증가할 것으로 예상됩니다. EPS는 연간 92.6% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.2% 로 예상됩니다.핵심 정보108.6%이익 성장률92.62%EPS 성장률Entertainment 이익 성장-11.9%매출 성장률-2.9%향후 자기자본이익률12.16%애널리스트 커버리지Low마지막 업데이트29 Jul 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesReported Earnings • Jul 09Third quarter 2026 earnings released: €0.32 loss per share (vs €0.098 profit in 3Q 2025)Third quarter 2026 results: €0.32 loss per share (down from €0.098 profit in 3Q 2025). Revenue: €20.3m (down 13% from 3Q 2025). Net loss: €4.53m (down 422% from profit in 3Q 2025). Revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Entertainment industry in the United Kingdom are expected to grow by 1.6%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.Board Change • Jun 26Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. 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 • May 11Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • Mar 27New major risk - Revenue and earnings growthEarnings have declined by 59% 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 Shares are highly illiquid. Earnings have declined by 59% per year over the past 5 years.Board Change • Jan 02Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 18First quarter 2026 earnings released: EPS: €0.32 (vs €0.16 loss in 1Q 2025)First quarter 2026 results: EPS: €0.32 (up from €0.16 loss in 1Q 2025). Revenue: €45.5m (up 112% from 1Q 2025). Net income: €4.59m (up €6.89m from 1Q 2025). Profit margin: 10% (up from net loss in 1Q 2025). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.Reported Earnings • Sep 29Full year 2025 earnings released: €0.77 loss per share (vs €0.15 loss in FY 2024)Full year 2025 results: €0.77 loss per share (further deteriorated from €0.15 loss in FY 2024). Revenue: €93.6m (down 21% from FY 2024). Net loss: €10.9m (loss widened 393% from FY 2024). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Jul 16Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at €15.68. The fair value is estimated to be €20.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jun 13Now 22% undervaluedOver the last 90 days, the stock has risen 12% to €13.80. The fair value is estimated to be €17.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Meanwhile, the company became loss making.공고 • May 26+ 3 more updatesDigital Bros S.p.A. to Report Q1, 2026 Results on Nov 13, 2025Digital Bros S.p.A. announced that they will report Q1, 2026 results on Nov 13, 2025Buy Or Sell Opportunity • May 20Now 24% undervaluedThe stock has been flat over the last 90 days, currently trading at €11.96. The fair value is estimated to be €15.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 15Third quarter 2025 earnings released: EPS: €0.10 (vs €0.06 in 3Q 2024)Third quarter 2025 results: EPS: €0.10 (up from €0.06 in 3Q 2024). Revenue: €23.4m (down 18% from 3Q 2024). Net income: €1.41m (up 75% from 3Q 2024). Profit margin: 6.0% (up from 2.8% in 3Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.Board Change • May 09Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 09Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €21.5m (down 20% from 2Q 2024). Net loss: €1.39m (loss widened 8.5% from 2Q 2024). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Entertainment industry in the United Kingdom.Board Change • Feb 26Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. 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 • Jan 31Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. 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 • Dec 19Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. 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 • Dec 02Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 17First quarter 2025 earnings released: €0.16 loss per share (vs €0.17 loss in 1Q 2024)First quarter 2025 results: €0.16 loss per share (improved from €0.17 loss in 1Q 2024). Revenue: €21.5m (up 6.3% from 1Q 2024). Net loss: €2.30m (loss narrowed 4.6% from 1Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.공고 • Sep 30Digital Bros S.p.A., Annual General Meeting, Oct 28, 2024Digital Bros S.p.A., Annual General Meeting, Oct 28, 2024, at 09:00 W. Europe Standard Time. Location: via tortona 37, milano ItalyReported Earnings • Sep 27Full year 2024 earnings released: €0.16 loss per share (vs €0.68 profit in FY 2023)Full year 2024 results: €0.16 loss per share (down from €0.68 profit in FY 2023). Revenue: €117.9m (flat on FY 2023). Net loss: €2.21m (down 123% from profit in FY 2023). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 33 percentage points per year, which is a significant difference in performance.Board Change • Aug 21Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • May 22+ 3 more updatesDigital Bros S.p.A. to Report Q3, 2025 Results on May 14, 2025Digital Bros S.p.A. announced that they will report Q3, 2025 results on May 14, 2025Reported Earnings • May 16Third quarter 2024 earnings released: EPS: €0.06 (vs €0.26 in 3Q 2023)Third quarter 2024 results: EPS: €0.06 (down from €0.26 in 3Q 2023). Revenue: €28.7m (down 2.3% from 3Q 2023). Net income: €801.0k (down 78% from 3Q 2023). Profit margin: 2.8% (down from 12% in 3Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Board Change • May 15Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. 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 02Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 15Second quarter 2024 earnings released: €0.09 loss per share (vs €0.58 profit in 2Q 2023)Second quarter 2024 results: €0.09 loss per share (down from €0.58 profit in 2Q 2023). Revenue: €26.9m (down 28% from 2Q 2023). Net loss: €1.28m (down 116% from profit in 2Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.Board Change • Mar 06Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 12First quarter 2024 earnings released: €0.17 loss per share (vs €0.21 profit in 1Q 2023)First quarter 2024 results: €0.17 loss per share (down from €0.21 profit in 1Q 2023). Revenue: €20.2m (down 9.7% from 1Q 2023). Net loss: €2.41m (down 181% from profit in 1Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 19% per year.Reported Earnings • Sep 29Full year 2023 earnings released: EPS: €0.68 (vs €2.00 in FY 2022)Full year 2023 results: EPS: €0.68 (down from €2.00 in FY 2022). Revenue: €117.9m (down 11% from FY 2022). Net income: €9.68m (down 66% from FY 2022). Profit margin: 8.2% (down from 22% in FY 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €12.89, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Entertainment industry in Europe. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.28 per share.Buying Opportunity • Sep 22Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be €17.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 53% in 2 years. Earnings is forecast to grow by 52% in the next 2 years.Valuation Update With 7 Day Price Move • Jul 12Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €14.88, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 22x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 27% over the past three years.공고 • Jun 30+ 1 more updateDigital Bros S.p.A., Annual General Meeting, Oct 26, 2023Digital Bros S.p.A., Annual General Meeting, Oct 26, 2023. Agenda: To approve the Financial Statements for the FY 2022/2023.Reported Earnings • May 14Third quarter 2023 earnings released: EPS: €0.26 (vs €0.34 in 3Q 2022)Third quarter 2023 results: EPS: €0.26 (down from €0.34 in 3Q 2022). Revenue: €29.4m (up 6.4% from 3Q 2022). Net income: €3.62m (down 26% from 3Q 2022). Profit margin: 12% (down from 18% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 11Second quarter 2023 earnings released: EPS: €0.58 (vs €0.46 in 2Q 2022)Second quarter 2023 results: EPS: €0.58 (up from €0.46 in 2Q 2022). Revenue: €37.4m (up 23% from 2Q 2022). Net income: €8.30m (up 27% from 2Q 2022). Profit margin: 22% (in line with 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Nov 28Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 05 December 2022. Payment date: 07 December 2022. Payout ratio is a comfortable 9.4% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (1.8%).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. 6 non-independent directors. Independent Director Sylvia Bartyan was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 25Full year 2022 earnings released: EPS: €2.00 (vs €2.25 in FY 2021)Full year 2022 results: EPS: €2.00 (down from €2.25 in FY 2021). Revenue: €132.2m (down 11% from FY 2021). Net income: €28.5m (down 11% from FY 2021). Profit margin: 22% (in line with FY 2021). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Entertainment industry in the United Kingdom.공고 • Sep 02+ 1 more updateDigital Bros S.p.A. to Report Q3, 2023 Results on May 11, 2023Digital Bros S.p.A. announced that they will report Q3, 2023 results on May 11, 2023Reported Earnings • May 15Third quarter 2022 earnings released: EPS: €0.34 (vs €0.31 in 3Q 2021)Third quarter 2022 results: EPS: €0.34 (up from €0.31 in 3Q 2021). Revenue: €27.6m (down 16% from 3Q 2021). Net income: €4.92m (up 11% from 3Q 2021). Profit margin: 18% (up from 13% in 3Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 30%, compared to a 32% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Sylvia Bartyan was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Mar 10Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: €0.46 (down from €0.56 in 2Q 2021). Revenue: €30.4m (down 28% from 2Q 2021). Net income: €6.53m (down 18% from 2Q 2021). Profit margin: 22% (up from 19% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 22%, compared to a 39% growth forecast for the industry in the United Kingdom.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €21.04, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 31x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 8.2% over the past year.Upcoming Dividend • Nov 29Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 08 December 2021. Trailing yield: 0.5%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (1.6%).Reported Earnings • Nov 17First quarter 2022 earnings released: EPS €0.29 (vs €0.55 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: €24.9m (down 36% from 1Q 2021). Net income: €4.09m (down 48% from 1Q 2021). Profit margin: 16% (down from 20% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 15Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to €33.54, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 36x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 361% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €57.39 per share.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to €35.46, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 40x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 300% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €30.93 per share.Reported Earnings • Sep 30Full year 2021 earnings released: EPS €2.25 (vs €1.05 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €149.2m (up 12% from FY 2020). Net income: €32.0m (up 114% from FY 2020). Profit margin: 22% (up from 11% in FY 2020). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to €28.20, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 52x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 29% over the past year.Board Change • Jul 28Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Sylvia Bartyan was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to €28.54, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 42x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 191% over the past three years.Reported Earnings • May 16Third quarter 2021 earnings released: EPS €0.32 (vs €0.31 in 3Q 2020)The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: €33.0m (up 7.7% from 3Q 2020). Net income: €4.43m (flat on 3Q 2020). Profit margin: 13% (down from 14% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 27% share price gain to €26.40, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 25x in the Entertainment industry in Europe. Total returns to shareholders of 189% over the past three years.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improved over the past weekAfter last week's 20% share price gain to €22.95, the stock is trading at a trailing P/E ratio of 16.9x, up from the previous P/E ratio of 14.1x. This compares to an average P/E of 43x in the Entertainment industry in the United Kingdom. Total returns to shareholders over the past three years are 145%.Analyst Estimate Surprise Post Earnings • Oct 21Annual earnings released: Revenue misses expectationsAnnual revenue missed analyst estimates by 1.1% at €133.2m. Revenue is forecast to grow 15% over the next year, compared to a 24% growth forecast for the Entertainment industry in the United Kingdom.이익 및 매출 성장 예측LSE:0N8R - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/202810710274326/30/20271096203626/30/20261101-42223/31/2026116-113350N/A12/31/2025120-54256N/A9/30/2025118-43959N/A6/30/202594-111233N/A3/31/2025109-23657N/A12/31/2024114-22632N/A9/30/2024119-22836N/A6/30/2024118-22644N/A3/31/2024105-8-32-4N/A12/31/2023105-5-3024N/A9/30/20231164-2645N/A6/30/202311810-3738N/A3/31/202313828-2553N/A12/31/202213729-3143N/A9/30/202213027-4719N/A6/30/202213229-3624N/A3/31/202211827-1340N/A12/31/202112427561N/A9/30/2021135282978N/A6/30/20211493243103N/A3/31/2021154294093N/A12/31/2020152293174N/A9/30/2020135202772N/A6/30/2020133152357N/A3/31/2020130111444N/A12/31/20191114N/A33N/A9/30/2019972N/A11N/A6/30/201977-2N/A-7N/A3/31/201953-8N/A-8N/A12/31/201858-6N/A0N/A9/30/201863-4N/AN/AN/A6/30/201870-3N/A-1N/A3/31/2018963N/A5N/A12/31/20171083N/A4N/A9/30/20171172N/AN/AN/A6/30/201712610N/A27N/A3/31/201713621N/A42N/A12/31/201612318N/A35N/A9/30/201611419N/A27N/A6/30/201610713N/A18N/A3/31/2016912N/A-5N/A12/31/20151006N/A6N/A9/30/20151139N/A-1N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 0N8R 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(3.6%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: 0N8R (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: 0N8R 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: 0N8R 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -2.9%).고성장 매출: 0N8R 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -2.9%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: 0N8R의 자본 수익률은 3년 후 12.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMedia 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/21 18:18종가2026/08/19 00:00수익2026/03/31연간 수익2025/06/30데이터 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Digital Bros S.p.A.는 6명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Andrea BonfaBanca Akros S.p.A. (ESN)Gabriele VenturiBanca Akros S.p.A. (ESN)Renato GargiuloStifel, Equities Research3명의 분석가 더 보기
Reported Earnings • Jul 09Third quarter 2026 earnings released: €0.32 loss per share (vs €0.098 profit in 3Q 2025)Third quarter 2026 results: €0.32 loss per share (down from €0.098 profit in 3Q 2025). Revenue: €20.3m (down 13% from 3Q 2025). Net loss: €4.53m (down 422% from profit in 3Q 2025). Revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Entertainment industry in the United Kingdom are expected to grow by 1.6%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
Board Change • Jun 26Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. 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 • May 11Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • Mar 27New major risk - Revenue and earnings growthEarnings have declined by 59% 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 Shares are highly illiquid. Earnings have declined by 59% per year over the past 5 years.
Board Change • Jan 02Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 18First quarter 2026 earnings released: EPS: €0.32 (vs €0.16 loss in 1Q 2025)First quarter 2026 results: EPS: €0.32 (up from €0.16 loss in 1Q 2025). Revenue: €45.5m (up 112% from 1Q 2025). Net income: €4.59m (up €6.89m from 1Q 2025). Profit margin: 10% (up from net loss in 1Q 2025). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
Reported Earnings • Sep 29Full year 2025 earnings released: €0.77 loss per share (vs €0.15 loss in FY 2024)Full year 2025 results: €0.77 loss per share (further deteriorated from €0.15 loss in FY 2024). Revenue: €93.6m (down 21% from FY 2024). Net loss: €10.9m (loss widened 393% from FY 2024). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Jul 16Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at €15.68. The fair value is estimated to be €20.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jun 13Now 22% undervaluedOver the last 90 days, the stock has risen 12% to €13.80. The fair value is estimated to be €17.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Meanwhile, the company became loss making.
공고 • May 26+ 3 more updatesDigital Bros S.p.A. to Report Q1, 2026 Results on Nov 13, 2025Digital Bros S.p.A. announced that they will report Q1, 2026 results on Nov 13, 2025
Buy Or Sell Opportunity • May 20Now 24% undervaluedThe stock has been flat over the last 90 days, currently trading at €11.96. The fair value is estimated to be €15.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 15Third quarter 2025 earnings released: EPS: €0.10 (vs €0.06 in 3Q 2024)Third quarter 2025 results: EPS: €0.10 (up from €0.06 in 3Q 2024). Revenue: €23.4m (down 18% from 3Q 2024). Net income: €1.41m (up 75% from 3Q 2024). Profit margin: 6.0% (up from 2.8% in 3Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
Board Change • May 09Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 09Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €21.5m (down 20% from 2Q 2024). Net loss: €1.39m (loss widened 8.5% from 2Q 2024). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Entertainment industry in the United Kingdom.
Board Change • Feb 26Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. 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 • Jan 31Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. 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 • Dec 19Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. 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 • Dec 02Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 17First quarter 2025 earnings released: €0.16 loss per share (vs €0.17 loss in 1Q 2024)First quarter 2025 results: €0.16 loss per share (improved from €0.17 loss in 1Q 2024). Revenue: €21.5m (up 6.3% from 1Q 2024). Net loss: €2.30m (loss narrowed 4.6% from 1Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.
공고 • Sep 30Digital Bros S.p.A., Annual General Meeting, Oct 28, 2024Digital Bros S.p.A., Annual General Meeting, Oct 28, 2024, at 09:00 W. Europe Standard Time. Location: via tortona 37, milano Italy
Reported Earnings • Sep 27Full year 2024 earnings released: €0.16 loss per share (vs €0.68 profit in FY 2023)Full year 2024 results: €0.16 loss per share (down from €0.68 profit in FY 2023). Revenue: €117.9m (flat on FY 2023). Net loss: €2.21m (down 123% from profit in FY 2023). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 33 percentage points per year, which is a significant difference in performance.
Board Change • Aug 21Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • May 22+ 3 more updatesDigital Bros S.p.A. to Report Q3, 2025 Results on May 14, 2025Digital Bros S.p.A. announced that they will report Q3, 2025 results on May 14, 2025
Reported Earnings • May 16Third quarter 2024 earnings released: EPS: €0.06 (vs €0.26 in 3Q 2023)Third quarter 2024 results: EPS: €0.06 (down from €0.26 in 3Q 2023). Revenue: €28.7m (down 2.3% from 3Q 2023). Net income: €801.0k (down 78% from 3Q 2023). Profit margin: 2.8% (down from 12% in 3Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Board Change • May 15Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. 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 02Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 15Second quarter 2024 earnings released: €0.09 loss per share (vs €0.58 profit in 2Q 2023)Second quarter 2024 results: €0.09 loss per share (down from €0.58 profit in 2Q 2023). Revenue: €26.9m (down 28% from 2Q 2023). Net loss: €1.28m (down 116% from profit in 2Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
Board Change • Mar 06Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Lead Independent Director Laura Soifer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 12First quarter 2024 earnings released: €0.17 loss per share (vs €0.21 profit in 1Q 2023)First quarter 2024 results: €0.17 loss per share (down from €0.21 profit in 1Q 2023). Revenue: €20.2m (down 9.7% from 1Q 2023). Net loss: €2.41m (down 181% from profit in 1Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 19% per year.
Reported Earnings • Sep 29Full year 2023 earnings released: EPS: €0.68 (vs €2.00 in FY 2022)Full year 2023 results: EPS: €0.68 (down from €2.00 in FY 2022). Revenue: €117.9m (down 11% from FY 2022). Net income: €9.68m (down 66% from FY 2022). Profit margin: 8.2% (down from 22% in FY 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €12.89, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Entertainment industry in Europe. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.28 per share.
Buying Opportunity • Sep 22Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be €17.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 53% in 2 years. Earnings is forecast to grow by 52% in the next 2 years.
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €14.88, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 22x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 27% over the past three years.
공고 • Jun 30+ 1 more updateDigital Bros S.p.A., Annual General Meeting, Oct 26, 2023Digital Bros S.p.A., Annual General Meeting, Oct 26, 2023. Agenda: To approve the Financial Statements for the FY 2022/2023.
Reported Earnings • May 14Third quarter 2023 earnings released: EPS: €0.26 (vs €0.34 in 3Q 2022)Third quarter 2023 results: EPS: €0.26 (down from €0.34 in 3Q 2022). Revenue: €29.4m (up 6.4% from 3Q 2022). Net income: €3.62m (down 26% from 3Q 2022). Profit margin: 12% (down from 18% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 11Second quarter 2023 earnings released: EPS: €0.58 (vs €0.46 in 2Q 2022)Second quarter 2023 results: EPS: €0.58 (up from €0.46 in 2Q 2022). Revenue: €37.4m (up 23% from 2Q 2022). Net income: €8.30m (up 27% from 2Q 2022). Profit margin: 22% (in line with 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Nov 28Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 05 December 2022. Payment date: 07 December 2022. Payout ratio is a comfortable 9.4% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (1.8%).
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. 6 non-independent directors. Independent Director Sylvia Bartyan was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 25Full year 2022 earnings released: EPS: €2.00 (vs €2.25 in FY 2021)Full year 2022 results: EPS: €2.00 (down from €2.25 in FY 2021). Revenue: €132.2m (down 11% from FY 2021). Net income: €28.5m (down 11% from FY 2021). Profit margin: 22% (in line with FY 2021). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Entertainment industry in the United Kingdom.
공고 • Sep 02+ 1 more updateDigital Bros S.p.A. to Report Q3, 2023 Results on May 11, 2023Digital Bros S.p.A. announced that they will report Q3, 2023 results on May 11, 2023
Reported Earnings • May 15Third quarter 2022 earnings released: EPS: €0.34 (vs €0.31 in 3Q 2021)Third quarter 2022 results: EPS: €0.34 (up from €0.31 in 3Q 2021). Revenue: €27.6m (down 16% from 3Q 2021). Net income: €4.92m (up 11% from 3Q 2021). Profit margin: 18% (up from 13% in 3Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 30%, compared to a 32% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Sylvia Bartyan was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Mar 10Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: €0.46 (down from €0.56 in 2Q 2021). Revenue: €30.4m (down 28% from 2Q 2021). Net income: €6.53m (down 18% from 2Q 2021). Profit margin: 22% (up from 19% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 22%, compared to a 39% growth forecast for the industry in the United Kingdom.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €21.04, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 31x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 8.2% over the past year.
Upcoming Dividend • Nov 29Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 08 December 2021. Trailing yield: 0.5%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (1.6%).
Reported Earnings • Nov 17First quarter 2022 earnings released: EPS €0.29 (vs €0.55 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: €24.9m (down 36% from 1Q 2021). Net income: €4.09m (down 48% from 1Q 2021). Profit margin: 16% (down from 20% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to €33.54, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 36x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 361% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €57.39 per share.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to €35.46, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 40x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 300% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €30.93 per share.
Reported Earnings • Sep 30Full year 2021 earnings released: EPS €2.25 (vs €1.05 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €149.2m (up 12% from FY 2020). Net income: €32.0m (up 114% from FY 2020). Profit margin: 22% (up from 11% in FY 2020). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to €28.20, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 52x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 29% over the past year.
Board Change • Jul 28Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Sylvia Bartyan was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to €28.54, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 42x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 191% over the past three years.
Reported Earnings • May 16Third quarter 2021 earnings released: EPS €0.32 (vs €0.31 in 3Q 2020)The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: €33.0m (up 7.7% from 3Q 2020). Net income: €4.43m (flat on 3Q 2020). Profit margin: 13% (down from 14% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 27% share price gain to €26.40, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 25x in the Entertainment industry in Europe. Total returns to shareholders of 189% over the past three years.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improved over the past weekAfter last week's 20% share price gain to €22.95, the stock is trading at a trailing P/E ratio of 16.9x, up from the previous P/E ratio of 14.1x. This compares to an average P/E of 43x in the Entertainment industry in the United Kingdom. Total returns to shareholders over the past three years are 145%.
Analyst Estimate Surprise Post Earnings • Oct 21Annual earnings released: Revenue misses expectationsAnnual revenue missed analyst estimates by 1.1% at €133.2m. Revenue is forecast to grow 15% over the next year, compared to a 24% growth forecast for the Entertainment industry in the United Kingdom.