공시 • Apr 21
ATEME SA, Annual General Meeting, May 22, 2026 ATEME SA, Annual General Meeting, May 22, 2026. Location: 6 rue dewoitine, velizy villacoublay France New Risk • Mar 27
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.8x 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 Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Mar 24
Full year 2025 earnings released Full year 2025 results: Revenue: €95.6m (up 2.2% from FY 2024). Net income: €952.0k (up €6.33m from FY 2024). Profit margin: 1.0% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Communications industry in the United Kingdom. New Risk • Mar 23
New major risk - Revenue and earnings growth Earnings have declined by 47% 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 Risk Earnings have declined by 47% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change). 공시 • Jan 23
ATEME SA to Report First Half, 2026 Results on Sep 10, 2026 ATEME SA announced that they will report first half, 2026 results on Sep 10, 2026 Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2026 The analyst covering ATEME previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €5.70m in 2026. Average annual earnings growth of 93% is required to achieve expected profit on schedule. 공시 • Nov 25
ATEME SA to Report Fiscal Year 2025 Results on Mar 19, 2026 ATEME SA announced that they will report fiscal year 2025 results on Mar 19, 2026 Board Change • Apr 04
High number of new directors Member of Strategic Advisory Board Yuval Fisher was the last director to join the board, commencing their role in 2023. 공시 • Apr 02
Ateme, Enensys and Sinclair to Demonstrate an ATSC 3.0 Station in the Cloud At NAB 2025 Achieving the critical industry goal of transitioning to ATSC 3.0 and sunsetting ATSC 1.0 will require creative and innovative solutions. The cloud era of broadcast television will make the transition of the top 55 markets by February 2028 or earlier, as well as the transition of the entire industry by February 2030 or earlier, an easily achievable goal. At NAB 2025, leading ATSC 3.0 (also known as NextGen TV) technology providers will showcase a cloud-native NextGen TV demonstration on a special broadcast channel in Las Vegas that Sinclair set up specifically to showcase what a full-spectrum NextGen TV broadcast can achieve. Ordinarily, stations transitioning to ATSC 3.,0 must replicate much of their current equipment and operations - including encoders, packagers, schedulers, and more - which must then be configured. With cloud-based broadcast, stations can acquire preconfigured broadcast air chains that will save capital investment and time - helping to speed a successful transition to ATSC 3. 0 and unlock the future of television for viewers and broadcasters. Sinclair is already running automation and playout from the cloud. Completing the broadcast chain, this demonstration will showcase a cloud-based broadcast system which includes an Ateme Titan Live encoder feeding the ENENSYS MediaCast ATSC 3.0 packager, which in turn feeds ENENSYS SmartGate ATSC 3.0 broadcastschedulers/gateways. All components are implemented in software and their instances are deployed natively within the same AWS Virtual Private Cloud (VPC) leveraging multicast capabilities and utilized natively. This demonstration highlights the significant efficiencies gained by deploying encoders in the cloud, enabling broadcasters to dynamically scale resources based on demand while reducing on-premises hardware requirements. The configuration uses a single ROUTE signaling server to feed multiple broadcast gateways, creating a streamlined workflow that optimizes infrastructure costs while maintaining broadcast-grade quality and reliability. The cloud-based system will broadcast an over-the-air lineup of channels, including 4K Advanced HDR content, Sinclair's KSNV Las Vegas station programming, popular Sinclair national diginets (Comet, CHARGE! TBD/ROAR and The Nest), and AWS' live content originating from the show floor at the Las Vegas Convention Center (LVCC). These signals will be broadcast over the air, with reception demonstrations available at the LVCC, allowing NAB Show attendees to experience firsthand the quality and capabilities of cloud-generated NextGen TV broadcasts. Board Change • Jan 31
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Jan 30
ATEME SA, Annual General Meeting, Jun 11, 2025 ATEME SA, Annual General Meeting, Jun 11, 2025. Board Change • Jan 07
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 25
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. 4 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Oct 22
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 5 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jun 04
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 5 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • May 03
Full year 2023 earnings released: €0.35 loss per share (vs €0.004 loss in FY 2022) Full year 2023 results: €0.35 loss per share (further deteriorated from €0.004 loss in FY 2022). Revenue: €100.0m (up 11% from FY 2022). Net loss: €4.00m (loss widened €3.95m from FY 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% 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. New Risk • Apr 30
New minor risk - Financial data availability The 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€68.6m market cap, or US$73.6m). New Risk • Apr 26
New major risk - Revenue and earnings growth Earnings have declined by 42% 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 (currently running at an operating cash loss). Shares are highly illiquid. Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€77.7m market cap, or US$83.4m). Board Change • Apr 24
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 5 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 22
Full year 2023 earnings released Full year 2023 results: Revenue: €100.0m (up 10% from FY 2022). Net loss: €4.00m (loss widened €3.95m from FY 2022). Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Communications industry in the United Kingdom. Board Change • Mar 12
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 5 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Feb 21
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 5 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Feb 06
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 5 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jan 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 5 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Dec 18
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 5 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Oct 05
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 5 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 01
First half 2023 earnings released First half 2023 results: Revenue: €49.1m (up 15% from 1H 2022). Net loss: €3.30m (loss widened €3.17m from 1H 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Communications industry in the United Kingdom. Board Change • Aug 23
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 5 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Aug 03
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 5 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • May 19
ATEME SA, Annual General Meeting, Jun 28, 2023 ATEME SA, Annual General Meeting, Jun 28, 2023. Board Change • May 10
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 08
Full year 2022 earnings released Full year 2022 results: Revenue: €90.6m (up 15% from FY 2021). Net loss: €100.0k (down 106% from profit in FY 2021). Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Communications industry in the United Kingdom. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 3 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 01
First half 2022 earnings released: EPS: €0 (vs €0.39 loss in 1H 2021) First half 2022 results: EPS: €0 (improved from €0.39 loss in 1H 2021). Revenue: €42.9m (up 32% from 1H 2021). Net loss: €100.0k (loss narrowed 98% from 1H 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Communications industry in the United Kingdom. Board Change • Sep 15
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 3 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jun 21
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 3 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • May 03
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. 3 highly experienced directors. Co-Founder, Chairman, CEO & President Michel Artieres is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buying Opportunity • Feb 04
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be €13.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. The company became loss making over the last year. Reported Earnings • Oct 01
First half 2021 earnings released The company reported a soft first half result with increased losses and weaker control over costs, although revenues improved. First half 2021 results: Revenue: €32.4m (up 12% from 1H 2020). Net loss: €4.40m (loss widened 70% from 1H 2020). Reported Earnings • Sep 30
First half earnings released Over the last 12 months the company has reported total profits of €3.20m, down 14% from the prior year. Total revenue was €65.3m over the last 12 months, up 3.1% from the prior year. 
