View Future GrowthKPS 과거 순이익 실적과거 기준 점검 0/6KPS 의 수입은 연평균 -67.5%의 비율로 감소해 온 반면, IT 산업은 연평균 10.4%의 비율로 증가했습니다. 매출은 연평균 6.5%의 비율로 감소해 왔습니다.핵심 정보-67.46%순이익 성장률-68.02%주당순이익(EPS) 성장률IT 산업 성장률17.66%매출 성장률-6.53%자기자본이익률-78.98%순이익률-19.47%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트공시 • Nov 15+ 1 more updateKPS AG to Report Fiscal Year 2025 Results on Jan 30, 2026KPS AG announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Jan 30, 2026Reported Earnings • May 09Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €33.1m (down 11% from 2Q 2024). Net income: €72.0k (up €2.32m from 2Q 2024). Profit margin: 0.2% (up from net loss in 2Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT 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 70 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 01Full year 2024 earnings released: €0.57 loss per share (vs €0.033 loss in FY 2023)Full year 2024 results: €0.57 loss per share (further deteriorated from €0.033 loss in FY 2023). Revenue: €149.4m (down 16% from FY 2023). Net loss: €23.4m (loss widened €22.1m from FY 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT 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 61 percentage points per year, which is a significant difference in performance.공시 • Dec 12+ 3 more updatesKPS AG to Report First Half, 2025 Results on May 08, 2025KPS AG announced that they will report first half, 2025 results on May 08, 2025Reported Earnings • Jul 27Third quarter 2024 earnings released: EPS: €0.05 (vs €0.02 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.05 (up from €0.02 loss in 3Q 2023). Revenue: €35.1m (down 17% from 3Q 2023). Net income: €2.23m (up €2.91m from 3Q 2023). Profit margin: 6.4% (up from net loss in 3Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the IT industry in the United Kingdom.공시 • Jul 18+ 3 more updatesKPS AG to Report Q2, 2024 Results on May 06, 2024KPS AG announced that they will report Q2, 2024 results on May 06, 2024모든 업데이트 보기Recent updates공시 • Apr 02KPS AG, Annual General Meeting, May 15, 2026KPS AG, Annual General Meeting, May 15, 2026, at 11:00 W. Europe Standard Time.New Risk • Mar 13New major risk - Revenue and earnings growthEarnings have declined by 69% 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 Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 69% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€15.4m market cap, or US$17.6m).Buy Or Sell Opportunity • Feb 06Now 29% undervaluedOver the last 90 days, the stock has risen 4.5% to €0.48. The fair value is estimated to be €0.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Meanwhile, the company became loss making.New Risk • Nov 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Market cap is less than US$100m (€17.0m market cap, or US$19.6m).공시 • Nov 15+ 1 more updateKPS AG to Report Fiscal Year 2025 Results on Jan 30, 2026KPS AG announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Jan 30, 2026Reported Earnings • May 09Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €33.1m (down 11% from 2Q 2024). Net income: €72.0k (up €2.32m from 2Q 2024). Profit margin: 0.2% (up from net loss in 2Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT 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 70 percentage points per year, which is a significant difference in performance.공시 • Apr 24KPS AG, Annual General Meeting, May 30, 2025KPS AG, Annual General Meeting, May 30, 2025, at 11:00 W. Europe Standard Time.New Risk • Feb 17New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.05x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.05x net interest cover). Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risk Market cap is less than US$100m (€37.1m market cap, or US$38.9m).Reported Earnings • Feb 01Full year 2024 earnings released: €0.57 loss per share (vs €0.033 loss in FY 2023)Full year 2024 results: €0.57 loss per share (further deteriorated from €0.033 loss in FY 2023). Revenue: €149.4m (down 16% from FY 2023). Net loss: €23.4m (loss widened €22.1m from FY 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT 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 61 percentage points per year, which is a significant difference in performance.공시 • Dec 12+ 3 more updatesKPS AG to Report First Half, 2025 Results on May 08, 2025KPS AG announced that they will report first half, 2025 results on May 08, 2025New Risk • Jul 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.9% operating cash flow to total debt). Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 231% Minor Risks Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€39.0m market cap, or US$42.4m).Reported Earnings • Jul 27Third quarter 2024 earnings released: EPS: €0.05 (vs €0.02 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.05 (up from €0.02 loss in 3Q 2023). Revenue: €35.1m (down 17% from 3Q 2023). Net income: €2.23m (up €2.91m from 3Q 2023). Profit margin: 6.4% (up from net loss in 3Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the IT industry in the United Kingdom.공시 • Mar 14KPS AG has completed a Follow-on Equity Offering in the amount of €4.30238 million.KPS AG has completed a Follow-on Equity Offering in the amount of €4.30238 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,741,200 Price\Range: €1.15 Transaction Features: Subsequent Direct ListingNew Risk • Jan 31New 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: Major Risk Shares are highly illiquid. Minor Risks High level of debt (57% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (€47.5m market cap, or US$51.5m).Valuation Update With 7 Day Price Move • Jan 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.22, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the IT industry in the United Kingdom. Total loss to shareholders of 75% over the past three years.공시 • Jul 18+ 3 more updatesKPS AG to Report Q2, 2024 Results on May 06, 2024KPS AG announced that they will report Q2, 2024 results on May 06, 2024공시 • May 09+ 1 more updateKPS AG Announces Reduction of the Dividend ProposalKPS AG announced reduction of the dividend proposal from EUR 0.19 to EUR 0.10 per no-par value share entitled to dividend.공시 • Jan 18KPS AG (XTRA:KSC) acquired Graphyte.KPS AG (XTRA:KSC) acquired Graphyte on January 17, 2023. KPS AG (XTRA:KSC) completed the acquisition of Graphyte on January 17, 2023.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €3.15, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 21x in the IT industry in the United Kingdom.공시 • Sep 16+ 4 more updatesKPS AG to Report Fiscal Year 2022 Results on Jan 26, 2023KPS AG announced that they will report fiscal year 2022 results on Jan 26, 2023Reported Earnings • Jan 22Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: €0.23 (up from €0.22 in FY 2020). Revenue: €158.9m (down 5.3% from FY 2020). Net income: €8.73m (up 7.2% from FY 2020). Profit margin: 5.5% (up from 4.9% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 7.7%, compared to a 14% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year.Reported Earnings • May 20Second quarter 2021 earnings released: EPS €0.082 (vs €0.078 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €41.5m (down 18% from 2Q 2020). Net income: €3.28m (up 6.2% from 2Q 2020). Profit margin: 7.9% (up from 6.1% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 16% per year.Upcoming Dividend • May 17Upcoming dividend of €0.17 per shareEligible shareholders must have bought the stock before 24 May 2021. Payment date: 27 May 2021. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.9%).Reported Earnings • Feb 18First quarter 2021 earnings released: EPS €0.06 (vs €0.08 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €36.3m (down 19% from 1Q 2020). Net income: €2.10m (down 25% from 1Q 2020). Profit margin: 5.8% (down from 6.3% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year and the company’s share price has also fallen by 20% per year.Reported Earnings • Feb 13First quarter 2021 earnings released: EPS €0.06 (vs €0.08 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €36.3m (down 19% from 1Q 2020). Net income: €2.10m (down 25% from 1Q 2020). Profit margin: 5.8% (down from 6.3% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 18% per year.Analyst Estimate Surprise Post Earnings • Jan 24Revenue misses expectationsRevenue missed analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 4.3%, compared to a 8.9% growth forecast for the IT industry in the United Kingdom.Reported Earnings • Jan 23Full year 2020 earnings released: EPS €0.22The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €168.8m (down 7.8% from FY 2019). Net income: €8.14m (down 33% from FY 2019). Profit margin: 4.8% (down from 6.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 26% per year.Analyst Estimate Surprise Post Earnings • Jan 23Revenue misses expectationsRevenue missed analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 3.7%, compared to a 8.9% growth forecast for the IT industry in the United Kingdom.매출 및 비용 세부 내역KPS가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이LSE:0M2T 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 26112-221031 Dec 25117-221030 Sep 25122-221030 Jun 25128-322031 Mar 25134-183031 Dec 24139-213030 Sep 24145-231030 Jun 24152-64031 Mar 24159-94031 Dec 23168-64030 Sep 23178-14030 Jun 2318543031 Mar 2318873031 Dec 22187103030 Sep 22180103030 Jun 2217272031 Mar 2216882031 Dec 2116492030 Sep 2115992030 Jun 2115593031 Mar 2115083031 Dec 2015973030 Sep 2016883030 Jun 2017793031 Mar 20186115031 Dec 19183113030 Sep 19183125030 Jun 19181124031 Mar 19178123031 Dec 18181134030 Sep 18175103030 Jun 18173143031 Mar 18171153031 Dec 17163173030 Sep 17165203030 Jun 17163203031 Mar 17162203031 Dec 16152203030 Sep 16146193030 Jun 16140211031 Mar 16135212031 Dec 15129202030 Sep 15123182030 Jun 151181720양질의 수익: 0M2T 은(는) 현재 수익성이 없습니다.이익 마진 증가: 0M2T는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 0M2T은 수익성이 없으며 지난 5년 동안 손실이 연평균 67.5% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 0M2T의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 0M2T은 수익성이 없어 지난 해 수익 성장률을 IT 업계(-10%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 0M2T는 현재 수익성이 없으므로 자본 수익률이 음수(-78.98%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 16:40종가2026/05/22 00:00수익2026/03/31연간 수익2025/09/30데이터 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 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 소스KPS AG는 6명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Gustav FrobergBerenbergMatthias DesmaraisODDO BHF Corporate & MarketsHenning SteinbrinkODDO BHF Corporate & Markets3명의 분석가 더 보기
공시 • Nov 15+ 1 more updateKPS AG to Report Fiscal Year 2025 Results on Jan 30, 2026KPS AG announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Jan 30, 2026
Reported Earnings • May 09Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €33.1m (down 11% from 2Q 2024). Net income: €72.0k (up €2.32m from 2Q 2024). Profit margin: 0.2% (up from net loss in 2Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT 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 70 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 01Full year 2024 earnings released: €0.57 loss per share (vs €0.033 loss in FY 2023)Full year 2024 results: €0.57 loss per share (further deteriorated from €0.033 loss in FY 2023). Revenue: €149.4m (down 16% from FY 2023). Net loss: €23.4m (loss widened €22.1m from FY 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT 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 61 percentage points per year, which is a significant difference in performance.
공시 • Dec 12+ 3 more updatesKPS AG to Report First Half, 2025 Results on May 08, 2025KPS AG announced that they will report first half, 2025 results on May 08, 2025
Reported Earnings • Jul 27Third quarter 2024 earnings released: EPS: €0.05 (vs €0.02 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.05 (up from €0.02 loss in 3Q 2023). Revenue: €35.1m (down 17% from 3Q 2023). Net income: €2.23m (up €2.91m from 3Q 2023). Profit margin: 6.4% (up from net loss in 3Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the IT industry in the United Kingdom.
공시 • Jul 18+ 3 more updatesKPS AG to Report Q2, 2024 Results on May 06, 2024KPS AG announced that they will report Q2, 2024 results on May 06, 2024
공시 • Apr 02KPS AG, Annual General Meeting, May 15, 2026KPS AG, Annual General Meeting, May 15, 2026, at 11:00 W. Europe Standard Time.
New Risk • Mar 13New major risk - Revenue and earnings growthEarnings have declined by 69% 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 Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 69% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€15.4m market cap, or US$17.6m).
Buy Or Sell Opportunity • Feb 06Now 29% undervaluedOver the last 90 days, the stock has risen 4.5% to €0.48. The fair value is estimated to be €0.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Nov 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Market cap is less than US$100m (€17.0m market cap, or US$19.6m).
공시 • Nov 15+ 1 more updateKPS AG to Report Fiscal Year 2025 Results on Jan 30, 2026KPS AG announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Jan 30, 2026
Reported Earnings • May 09Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €33.1m (down 11% from 2Q 2024). Net income: €72.0k (up €2.32m from 2Q 2024). Profit margin: 0.2% (up from net loss in 2Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT 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 70 percentage points per year, which is a significant difference in performance.
공시 • Apr 24KPS AG, Annual General Meeting, May 30, 2025KPS AG, Annual General Meeting, May 30, 2025, at 11:00 W. Europe Standard Time.
New Risk • Feb 17New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.05x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.05x net interest cover). Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risk Market cap is less than US$100m (€37.1m market cap, or US$38.9m).
Reported Earnings • Feb 01Full year 2024 earnings released: €0.57 loss per share (vs €0.033 loss in FY 2023)Full year 2024 results: €0.57 loss per share (further deteriorated from €0.033 loss in FY 2023). Revenue: €149.4m (down 16% from FY 2023). Net loss: €23.4m (loss widened €22.1m from FY 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT 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 61 percentage points per year, which is a significant difference in performance.
공시 • Dec 12+ 3 more updatesKPS AG to Report First Half, 2025 Results on May 08, 2025KPS AG announced that they will report first half, 2025 results on May 08, 2025
New Risk • Jul 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.9% operating cash flow to total debt). Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 231% Minor Risks Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€39.0m market cap, or US$42.4m).
Reported Earnings • Jul 27Third quarter 2024 earnings released: EPS: €0.05 (vs €0.02 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.05 (up from €0.02 loss in 3Q 2023). Revenue: €35.1m (down 17% from 3Q 2023). Net income: €2.23m (up €2.91m from 3Q 2023). Profit margin: 6.4% (up from net loss in 3Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the IT industry in the United Kingdom.
공시 • Mar 14KPS AG has completed a Follow-on Equity Offering in the amount of €4.30238 million.KPS AG has completed a Follow-on Equity Offering in the amount of €4.30238 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,741,200 Price\Range: €1.15 Transaction Features: Subsequent Direct Listing
New Risk • Jan 31New 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: Major Risk Shares are highly illiquid. Minor Risks High level of debt (57% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (€47.5m market cap, or US$51.5m).
Valuation Update With 7 Day Price Move • Jan 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.22, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the IT industry in the United Kingdom. Total loss to shareholders of 75% over the past three years.
공시 • Jul 18+ 3 more updatesKPS AG to Report Q2, 2024 Results on May 06, 2024KPS AG announced that they will report Q2, 2024 results on May 06, 2024
공시 • May 09+ 1 more updateKPS AG Announces Reduction of the Dividend ProposalKPS AG announced reduction of the dividend proposal from EUR 0.19 to EUR 0.10 per no-par value share entitled to dividend.
공시 • Jan 18KPS AG (XTRA:KSC) acquired Graphyte.KPS AG (XTRA:KSC) acquired Graphyte on January 17, 2023. KPS AG (XTRA:KSC) completed the acquisition of Graphyte on January 17, 2023.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €3.15, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 21x in the IT industry in the United Kingdom.
공시 • Sep 16+ 4 more updatesKPS AG to Report Fiscal Year 2022 Results on Jan 26, 2023KPS AG announced that they will report fiscal year 2022 results on Jan 26, 2023
Reported Earnings • Jan 22Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: €0.23 (up from €0.22 in FY 2020). Revenue: €158.9m (down 5.3% from FY 2020). Net income: €8.73m (up 7.2% from FY 2020). Profit margin: 5.5% (up from 4.9% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 7.7%, compared to a 14% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year.
Reported Earnings • May 20Second quarter 2021 earnings released: EPS €0.082 (vs €0.078 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €41.5m (down 18% from 2Q 2020). Net income: €3.28m (up 6.2% from 2Q 2020). Profit margin: 7.9% (up from 6.1% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 16% per year.
Upcoming Dividend • May 17Upcoming dividend of €0.17 per shareEligible shareholders must have bought the stock before 24 May 2021. Payment date: 27 May 2021. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.9%).
Reported Earnings • Feb 18First quarter 2021 earnings released: EPS €0.06 (vs €0.08 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €36.3m (down 19% from 1Q 2020). Net income: €2.10m (down 25% from 1Q 2020). Profit margin: 5.8% (down from 6.3% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year and the company’s share price has also fallen by 20% per year.
Reported Earnings • Feb 13First quarter 2021 earnings released: EPS €0.06 (vs €0.08 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €36.3m (down 19% from 1Q 2020). Net income: €2.10m (down 25% from 1Q 2020). Profit margin: 5.8% (down from 6.3% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 18% per year.
Analyst Estimate Surprise Post Earnings • Jan 24Revenue misses expectationsRevenue missed analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 4.3%, compared to a 8.9% growth forecast for the IT industry in the United Kingdom.
Reported Earnings • Jan 23Full year 2020 earnings released: EPS €0.22The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €168.8m (down 7.8% from FY 2019). Net income: €8.14m (down 33% from FY 2019). Profit margin: 4.8% (down from 6.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 26% per year.
Analyst Estimate Surprise Post Earnings • Jan 23Revenue misses expectationsRevenue missed analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 3.7%, compared to a 8.9% growth forecast for the IT industry in the United Kingdom.