View ValuationSofting 향후 성장Future 기준 점검 4/6Softing (는) 각각 연간 134.6% 및 5.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 135.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 5.6% 로 예상됩니다.핵심 정보134.6%이익 성장률135.86%EPS 성장률Electronic 이익 성장18.3%매출 성장률5.5%향후 자기자본이익률5.60%애널리스트 커버리지Low마지막 업데이트24 Mar 2026최근 향후 성장 업데이트공지 • Dec 16Softing AG Provides Consolidated Earnings Guidance for the 2023 Financial YearSofting AG provided consolidated earnings guidance for the 2023 financial year. Taking the impairments into account, the company expects a consolidated LBIT of EUR 1,0 million to EUR 2,5 million for the 2023 financial year (2022: EUR 0.8 million). The target value for the consolidated EBIT before special items is forecasted at EUR 6.0 million. The Group result for the 2023 financial year is expected to be between negative EUR 2,5 million and EUR 4,5 million (2022: negative EUR 1.2 million).모든 업데이트 보기Recent updates공지 • Mar 31Softing AG, Annual General Meeting, May 07, 2026Softing AG, Annual General Meeting, May 07, 2026, at 10:00 W. Europe Standard Time.Reported Earnings • Mar 28Full year 2025 earnings released: €0.51 loss per share (vs €0.20 loss in FY 2024)Full year 2025 results: €0.51 loss per share (further deteriorated from €0.20 loss in FY 2024). Revenue: €88.5m (down 11% from FY 2024). Net loss: €5.10m (loss widened 180% from FY 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.공지 • Mar 18Softing AG has filed a Follow-on Equity Offering in the amount of €3.176282 million.Softing AG has filed a Follow-on Equity Offering in the amount of €3.176282 million. Security Name: Bearer Shares Security Type: Common Stock Securities Offered: 992,588 Price\Range: €3.2 Transaction Features: Subsequent Direct Listing공지 • Jan 28+ 1 more updateSofting AG to Report First Half, 2026 Results on Aug 14, 2026Softing AG announced that they will report first half, 2026 results on Aug 14, 2026Reported Earnings • Aug 19Second quarter 2025 earnings released: €0.061 loss per share (vs €0.16 loss in 2Q 2024)Second quarter 2025 results: €0.061 loss per share (improved from €0.16 loss in 2Q 2024). Revenue: €23.0m (down 6.3% from 2Q 2024). Net loss: €604.0k (loss narrowed 57% from 2Q 2024). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jul 28Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.4% to €3.02. The fair value is estimated to be €3.78, 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 declined by 56%.Buy Or Sell Opportunity • Jun 13Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.8% to €3.52. The fair value is estimated to be €4.65, 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 declined by 56%.공지 • May 08Softing AG, Annual General Meeting, Jun 18, 2025Softing AG, Annual General Meeting, Jun 18, 2025, at 10:00 W. Europe Standard Time.Reported Earnings • Apr 05Full year 2024 earnings released: €0.20 loss per share (vs €0.65 loss in FY 2023)Full year 2024 results: €0.20 loss per share (improved from €0.65 loss in FY 2023). Revenue: €100.7m (down 15% from FY 2023). Net loss: €1.82m (loss narrowed 69% from FY 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic 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 54 percentage points per year, which is a significant difference in performance.공지 • Dec 19+ 1 more updateSofting AG to Report Fiscal Year 2024 Results on Mar 31, 2025Softing AG announced that they will report fiscal year 2024 results on Mar 31, 2025New Risk • Nov 13New major risk - Revenue and earnings growthEarnings have declined by 43% 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. Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 43% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Market cap is less than US$100m (€38.0m market cap, or US$40.3m).New Risk • Nov 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Market cap is less than US$100m (€38.2m market cap, or US$40.9m).Reported Earnings • May 08First quarter 2024 earnings released: EPS: €0.023 (vs €0.13 in 1Q 2023)First quarter 2024 results: EPS: €0.023 (down from €0.13 in 1Q 2023). Revenue: €25.7m (down 13% from 1Q 2023). Net income: €208.0k (down 83% from 1Q 2023). Profit margin: 0.8% (down from 4.1% in 1Q 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.Declared Dividend • May 07Dividend of €0.13 announcedShareholders will receive a dividend of €0.13. Ex-date: 9th May 2024 Payment date: 13th May 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (100% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.공지 • Jan 10+ 2 more updatesSofting AG, Annual General Meeting, May 08, 2024Softing AG, Annual General Meeting, May 08, 2024.공지 • Dec 16Softing AG Provides Consolidated Earnings Guidance for the 2023 Financial YearSofting AG provided consolidated earnings guidance for the 2023 financial year. Taking the impairments into account, the company expects a consolidated LBIT of EUR 1,0 million to EUR 2,5 million for the 2023 financial year (2022: EUR 0.8 million). The target value for the consolidated EBIT before special items is forecasted at EUR 6.0 million. The Group result for the 2023 financial year is expected to be between negative EUR 2,5 million and EUR 4,5 million (2022: negative EUR 1.2 million).Reported Earnings • Nov 16Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €31.2m (up 25% from 3Q 2022). Net income: €1.05m (up €2.74m from 3Q 2022). Profit margin: 3.4% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: €0.054 (vs €0.13 in 2Q 2022)Second quarter 2023 results: EPS: €0.054 (down from €0.13 in 2Q 2022). Revenue: €30.9m (up 20% from 2Q 2022). Net income: €485.0k (down 57% from 2Q 2022). Profit margin: 1.6% (down from 4.4% in 2Q 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom.Reported Earnings • Nov 17Third quarter 2022 earnings released: €0.19 loss per share (vs €0.045 profit in 3Q 2021)Third quarter 2022 results: €0.19 loss per share (down from €0.045 profit in 3Q 2021). Revenue: €25.4m (up 21% from 3Q 2021). Net loss: €1.70m (down €2.11m from profit in 3Q 2021). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic 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 49 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: €0.13 (vs €0.11 loss in 2Q 2021)Second quarter 2022 results: EPS: €0.13 (up from €0.11 loss in 2Q 2021). Revenue: €28.5m (up 41% from 2Q 2021). Net income: €1.13m (up €2.09m from 2Q 2021). Profit margin: 4.0% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 3.9%, compared to a 8.9% growth forecast for the Electronic industry in the United Kingdom.Reported Earnings • May 04First quarter 2022 earnings released: €0.14 loss per share (vs €0.072 profit in 1Q 2021)First quarter 2022 results: €0.14 loss per share (down from €0.072 profit in 1Q 2021). Revenue: €21.8m (up 5.7% from 1Q 2021). Net loss: €1.23m (down 290% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 9.6%, compared to a 8.2% growth forecast for the 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 88 percentage points per year, which is a significant difference in performance.Upcoming Dividend • May 03Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 11 May 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.7%. Lower than top quartile of British dividend payers (4.6%). Higher than average of industry peers (1.4%).Reported Earnings • Mar 30Full year 2021 earnings released: €0.028 loss per share (vs €0.52 loss in FY 2020)Full year 2021 results: €0.028 loss per share (up from €0.52 loss in FY 2020). Revenue: €91.2m (up 12% from FY 2020). Net loss: €255.0k (loss narrowed 95% from FY 2020). Over the next year, revenue is forecast to grow 9.7%, compared to a 7.8% growth forecast for the 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 91 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 21Third quarter 2021 earnings released: EPS €0.045 (vs €0.039 loss in 3Q 2020)The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: €21.0m (flat on 3Q 2020). Net income: €410.0k (up €768.0k from 3Q 2020). Profit margin: 1.9% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 18Second quarter 2021 earnings released: €0.11 loss per share (vs €0.16 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €20.2m (up 19% from 2Q 2020). Net loss: €959.0k (loss narrowed 34% from 2Q 2020). 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.Reported Earnings • May 06First quarter 2021 earnings released: EPS €0.072 (vs €0.059 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €21.3m (up 3.0% from 1Q 2020). Net income: €646.0k (up €1.18m from 1Q 2020). Profit margin: 3.0% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Apr 29Upcoming dividend of €0.04 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 10 May 2021. Trailing yield: 0.7%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (0.9%).Reported Earnings • Mar 28Full year 2020 earnings released: €0.52 loss per share (vs €0.31 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €83.0m (down 14% from FY 2019). Net loss: €4.74m (down 269% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 17Third quarter 2020 earnings released: €0.039 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €20.9m (down 11% from 3Q 2019). Net loss: €358.0k (down 130% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 15Third quarter 2020 earnings released: €0.039 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €21.1m (down 10.0% from 3Q 2019). Net loss: €358.0k (down 130% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.이익 및 매출 성장 예측LSE:0G73 - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028102N/AN/AN/A112/31/2027973210112/31/2026921-16112/31/202586-525N/A9/30/202593-225N/A6/30/202594-214N/A3/31/202596-304N/A12/31/202499-227N/A9/30/2024100-11-42N/A6/30/2024108-9-35N/A3/31/2024114-7-26N/A12/31/2023118-619N/A9/30/20231213412N/A6/30/20231150410N/A3/31/2023110117N/A12/31/2022102-1-24N/A9/30/202299-2-32N/A6/30/202295006N/A3/31/202289-228N/A12/31/2021880511N/A9/30/202184-2412N/A6/30/202184-3510N/A3/31/202181-4310N/A12/31/202081-5-25N/A9/30/202087-217N/A6/30/202090008N/A3/31/202097319N/A12/31/2019973210N/A9/30/2019934N/A12N/A6/30/2019913N/A11N/A3/31/2019893N/A9N/A12/31/2018883N/A9N/A9/30/2018862N/A7N/A6/30/2018841N/A6N/A3/31/2018820N/A4N/A12/31/2017831N/A4N/A9/30/2017854N/A7N/A6/30/2017865N/A9N/A3/31/2017866N/A9N/A12/31/2016856N/A10N/A9/30/2016874N/A9N/A6/30/2016874N/A10N/A3/31/2016874N/A7N/A12/31/2015854N/A9N/A9/30/2015823N/A5N/A6/30/2015814N/A2N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 0G73 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(3.4%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: 0G73 (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: 0G73 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: 0G73 의 수익(연간 5.5%)이 UK 시장(연간 4.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 0G73 의 수익(연간 5.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 0G73의 자본 수익률은 3년 후 5.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 22:09종가2026/03/16 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Softing AG는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Marc-René TonnWarburg Research GmbHFelix EllmannWarburg Research GmbH
공지 • Dec 16Softing AG Provides Consolidated Earnings Guidance for the 2023 Financial YearSofting AG provided consolidated earnings guidance for the 2023 financial year. Taking the impairments into account, the company expects a consolidated LBIT of EUR 1,0 million to EUR 2,5 million for the 2023 financial year (2022: EUR 0.8 million). The target value for the consolidated EBIT before special items is forecasted at EUR 6.0 million. The Group result for the 2023 financial year is expected to be between negative EUR 2,5 million and EUR 4,5 million (2022: negative EUR 1.2 million).
공지 • Mar 31Softing AG, Annual General Meeting, May 07, 2026Softing AG, Annual General Meeting, May 07, 2026, at 10:00 W. Europe Standard Time.
Reported Earnings • Mar 28Full year 2025 earnings released: €0.51 loss per share (vs €0.20 loss in FY 2024)Full year 2025 results: €0.51 loss per share (further deteriorated from €0.20 loss in FY 2024). Revenue: €88.5m (down 11% from FY 2024). Net loss: €5.10m (loss widened 180% from FY 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
공지 • Mar 18Softing AG has filed a Follow-on Equity Offering in the amount of €3.176282 million.Softing AG has filed a Follow-on Equity Offering in the amount of €3.176282 million. Security Name: Bearer Shares Security Type: Common Stock Securities Offered: 992,588 Price\Range: €3.2 Transaction Features: Subsequent Direct Listing
공지 • Jan 28+ 1 more updateSofting AG to Report First Half, 2026 Results on Aug 14, 2026Softing AG announced that they will report first half, 2026 results on Aug 14, 2026
Reported Earnings • Aug 19Second quarter 2025 earnings released: €0.061 loss per share (vs €0.16 loss in 2Q 2024)Second quarter 2025 results: €0.061 loss per share (improved from €0.16 loss in 2Q 2024). Revenue: €23.0m (down 6.3% from 2Q 2024). Net loss: €604.0k (loss narrowed 57% from 2Q 2024). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jul 28Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.4% to €3.02. The fair value is estimated to be €3.78, 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 declined by 56%.
Buy Or Sell Opportunity • Jun 13Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.8% to €3.52. The fair value is estimated to be €4.65, 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 declined by 56%.
공지 • May 08Softing AG, Annual General Meeting, Jun 18, 2025Softing AG, Annual General Meeting, Jun 18, 2025, at 10:00 W. Europe Standard Time.
Reported Earnings • Apr 05Full year 2024 earnings released: €0.20 loss per share (vs €0.65 loss in FY 2023)Full year 2024 results: €0.20 loss per share (improved from €0.65 loss in FY 2023). Revenue: €100.7m (down 15% from FY 2023). Net loss: €1.82m (loss narrowed 69% from FY 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic 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 54 percentage points per year, which is a significant difference in performance.
공지 • Dec 19+ 1 more updateSofting AG to Report Fiscal Year 2024 Results on Mar 31, 2025Softing AG announced that they will report fiscal year 2024 results on Mar 31, 2025
New Risk • Nov 13New major risk - Revenue and earnings growthEarnings have declined by 43% 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. Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 43% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Market cap is less than US$100m (€38.0m market cap, or US$40.3m).
New Risk • Nov 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Market cap is less than US$100m (€38.2m market cap, or US$40.9m).
Reported Earnings • May 08First quarter 2024 earnings released: EPS: €0.023 (vs €0.13 in 1Q 2023)First quarter 2024 results: EPS: €0.023 (down from €0.13 in 1Q 2023). Revenue: €25.7m (down 13% from 1Q 2023). Net income: €208.0k (down 83% from 1Q 2023). Profit margin: 0.8% (down from 4.1% in 1Q 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.
Declared Dividend • May 07Dividend of €0.13 announcedShareholders will receive a dividend of €0.13. Ex-date: 9th May 2024 Payment date: 13th May 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (100% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
공지 • Jan 10+ 2 more updatesSofting AG, Annual General Meeting, May 08, 2024Softing AG, Annual General Meeting, May 08, 2024.
공지 • Dec 16Softing AG Provides Consolidated Earnings Guidance for the 2023 Financial YearSofting AG provided consolidated earnings guidance for the 2023 financial year. Taking the impairments into account, the company expects a consolidated LBIT of EUR 1,0 million to EUR 2,5 million for the 2023 financial year (2022: EUR 0.8 million). The target value for the consolidated EBIT before special items is forecasted at EUR 6.0 million. The Group result for the 2023 financial year is expected to be between negative EUR 2,5 million and EUR 4,5 million (2022: negative EUR 1.2 million).
Reported Earnings • Nov 16Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €31.2m (up 25% from 3Q 2022). Net income: €1.05m (up €2.74m from 3Q 2022). Profit margin: 3.4% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: €0.054 (vs €0.13 in 2Q 2022)Second quarter 2023 results: EPS: €0.054 (down from €0.13 in 2Q 2022). Revenue: €30.9m (up 20% from 2Q 2022). Net income: €485.0k (down 57% from 2Q 2022). Profit margin: 1.6% (down from 4.4% in 2Q 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom.
Reported Earnings • Nov 17Third quarter 2022 earnings released: €0.19 loss per share (vs €0.045 profit in 3Q 2021)Third quarter 2022 results: €0.19 loss per share (down from €0.045 profit in 3Q 2021). Revenue: €25.4m (up 21% from 3Q 2021). Net loss: €1.70m (down €2.11m from profit in 3Q 2021). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic 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 49 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: €0.13 (vs €0.11 loss in 2Q 2021)Second quarter 2022 results: EPS: €0.13 (up from €0.11 loss in 2Q 2021). Revenue: €28.5m (up 41% from 2Q 2021). Net income: €1.13m (up €2.09m from 2Q 2021). Profit margin: 4.0% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 3.9%, compared to a 8.9% growth forecast for the Electronic industry in the United Kingdom.
Reported Earnings • May 04First quarter 2022 earnings released: €0.14 loss per share (vs €0.072 profit in 1Q 2021)First quarter 2022 results: €0.14 loss per share (down from €0.072 profit in 1Q 2021). Revenue: €21.8m (up 5.7% from 1Q 2021). Net loss: €1.23m (down 290% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 9.6%, compared to a 8.2% growth forecast for the 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 88 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • May 03Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 11 May 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.7%. Lower than top quartile of British dividend payers (4.6%). Higher than average of industry peers (1.4%).
Reported Earnings • Mar 30Full year 2021 earnings released: €0.028 loss per share (vs €0.52 loss in FY 2020)Full year 2021 results: €0.028 loss per share (up from €0.52 loss in FY 2020). Revenue: €91.2m (up 12% from FY 2020). Net loss: €255.0k (loss narrowed 95% from FY 2020). Over the next year, revenue is forecast to grow 9.7%, compared to a 7.8% growth forecast for the 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 91 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 21Third quarter 2021 earnings released: EPS €0.045 (vs €0.039 loss in 3Q 2020)The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: €21.0m (flat on 3Q 2020). Net income: €410.0k (up €768.0k from 3Q 2020). Profit margin: 1.9% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 18Second quarter 2021 earnings released: €0.11 loss per share (vs €0.16 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €20.2m (up 19% from 2Q 2020). Net loss: €959.0k (loss narrowed 34% from 2Q 2020). 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.
Reported Earnings • May 06First quarter 2021 earnings released: EPS €0.072 (vs €0.059 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €21.3m (up 3.0% from 1Q 2020). Net income: €646.0k (up €1.18m from 1Q 2020). Profit margin: 3.0% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Apr 29Upcoming dividend of €0.04 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 10 May 2021. Trailing yield: 0.7%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (0.9%).
Reported Earnings • Mar 28Full year 2020 earnings released: €0.52 loss per share (vs €0.31 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €83.0m (down 14% from FY 2019). Net loss: €4.74m (down 269% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 17Third quarter 2020 earnings released: €0.039 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €20.9m (down 11% from 3Q 2019). Net loss: €358.0k (down 130% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 15Third quarter 2020 earnings released: €0.039 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €21.1m (down 10.0% from 3Q 2019). Net loss: €358.0k (down 130% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.