New Risk • Feb 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings are forecast to decline by an average of 67% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (€26.0m market cap, or US$30.8m). New Risk • Oct 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings are forecast to decline by an average of 67% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€24.9m market cap, or US$29.2m). Major Estimate Revision • Sep 29
Consensus revenue estimates fall by 19% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €251.0m to €202.6m. Forecast losses increased from -€0.17 to -€0.44 per share. Luxury industry in Italy expected to see average net income growth of 13% next year. Consensus price target down from €0.67 to €0.51. Share price rose 2.7% to €0.46 over the past week. New Risk • Aug 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 39% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€46.3m market cap, or US$53.6m). New Risk • Aug 04
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Earnings are forecast to decline by an average of 39% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€45.9m market cap, or US$53.0m). Reported Earnings • Aug 03
Second quarter 2025 earnings released Second quarter 2025 results: Net income: €10.1m (up €24.8m from 2Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Reported Earnings • May 12
First quarter 2025 earnings released: €0.10 loss per share (vs €0.057 loss in 1Q 2024) First quarter 2025 results: €0.10 loss per share (further deteriorated from €0.057 loss in 1Q 2024). Revenue: €63.1m (down 23% from 1Q 2024). Net loss: €10.1m (loss widened 81% from 1Q 2024). Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. New Risk • Apr 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 77% per year for the foreseeable future. Minor Risks High level of debt (69% net debt to equity). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€62.0m market cap, or US$67.9m). New Risk • Apr 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 182% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 77% per year for the foreseeable future. Minor Risks High level of debt (69% net debt to equity). Large one-off items impacting financial results. Market cap is less than US$100m (€69.5m market cap, or US$75.0m). Reported Earnings • Apr 02
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: €0.20 (up from €0.33 loss in FY 2023). Revenue: €272.0m (down 17% from FY 2023). Net income: €19.3m (up €51.5m from FY 2023). Profit margin: 7.1% (up from net loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 28% per year. Price Target Changed • Feb 09
Price target increased by 13% to €0.85 Up from €0.75, the current price target is provided by 1 analyst. New target price is 9.8% above last closing price of €0.77. Stock is down 14% over the past year. The company is forecast to post earnings per share of €0.28 next year compared to a net loss per share of €0.33 last year. Major Estimate Revision • Feb 09
Consensus EPS estimates increase from loss to €0.28 profit, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €270.5m to €250.8m. EPS estimate of -€0.23 up from expected loss of €0.28 per share previously. Luxury industry in Italy expected to see average net income growth of 18% next year. Consensus price target up from €0.75 to €0.85. Share price fell 3.0% to €0.77 over the past week. Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: €0.56 (vs €0.064 loss in 3Q 2023) Third quarter 2024 results: EPS: €0.56 (up from €0.064 loss in 3Q 2023). Revenue: €157.4m (up 72% from 3Q 2023). Net income: €55.3m (up €61.6m from 3Q 2023). Profit margin: 35% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is expected to decline by 4.3% p.a. on average during the next 3 years, while revenues in the Luxury industry in Italy are expected to grow by 7.4%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance. New Risk • Sep 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€17m net loss in 2 years). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (€77.0m market cap, or US$85.9m). New Risk • Aug 04
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €41m Forecast net loss in 2 years: €15m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€15m net loss in 2 years). Market cap is less than US$100m (€65.6m market cap, or US$71.5m). Major Estimate Revision • May 22
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €320.4m to €282.0m. Forecast losses increased from -€0.16 to -€0.23 per share. Luxury industry in Italy expected to see average net income growth of 11% next year. Consensus price target of €0.90 unchanged from last update. Share price was steady at €0.82 over the past week. Reported Earnings • May 13
First quarter 2024 earnings released First quarter 2024 results: Revenue: €81.9m (down 16% from 1Q 2023). Net loss: €5.61m (loss widened €5.29m from 1Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Luxury industry in Italy. Reported Earnings • Mar 15
Full year 2023 earnings released Full year 2023 results: Revenue: €329.4m (down 9.4% from FY 2022). Net loss: €32.1m (loss widened 255% from FY 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Luxury industry in Italy. 공시 • Mar 15
Aeffe S.p.A., Annual General Meeting, Apr 23, 2024 Aeffe S.p.A., Annual General Meeting, Apr 23, 2024. Agenda: To consider approval of the financial statements of Aeffe S.p.A. closed on December 31, 2023 and related and consequent resolutions; to consider on the company's remuneration policy. The documentation relating to the items on the agenda will be made available to the public in the terms and in the manner established by current legislation. Reported Earnings • Nov 15
Third quarter 2023 earnings released: €0.063 loss per share (vs €0.018 profit in 3Q 2022) Third quarter 2023 results: €0.063 loss per share (down from €0.018 profit in 3Q 2022). Revenue: €91.6m (down 12% from 3Q 2022). Net loss: €6.28m (down 447% from profit in 3Q 2022). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. New Risk • Nov 14
New major risk - Revenue and earnings growth Earnings 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 Debt is not well covered by operating cash flow (0.6% operating cash flow to total debt). Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (€80.6m market cap, or US$87.6m). New Risk • Nov 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (0.6% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (€80.1m market cap, or US$85.5m). Buying Opportunity • Aug 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be €1.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 8.9% in 2 years. Earnings is forecast to grow by 93% in the next 2 years. Major Estimate Revision • Aug 09
Consensus EPS estimates fall by 800% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €361.0m to €327.0m. Losses expected to increase from €0.02 per share to €0.18. Luxury industry in Italy expected to see average net income growth of 40% next year. Consensus price target down from €1.30 to €1.15. Share price fell 4.3% to €1.06 over the past week. Reported Earnings • Jul 31
Second quarter 2023 earnings released: €0.11 loss per share (vs €0.062 loss in 2Q 2022) Second quarter 2023 results: €0.11 loss per share (further deteriorated from €0.062 loss in 2Q 2022). Revenue: €71.7m (down 7.2% from 2Q 2022). Net loss: €11.3m (loss widened 87% from 2Q 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Price Target Changed • May 23
Price target decreased by 10% to €1.30 Down from €1.45, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €1.24. Stock is down 22% over the past year. The company is forecast to post earnings per share of €0 next year compared to a net loss per share of €0.092 last year. Price Target Changed • Mar 23
Price target decreased by 16% to €1.30 Down from €1.55, the current price target is provided by 1 analyst. New target price is 6.6% above last closing price of €1.22. Stock is down 36% over the past year. Reported Earnings • Mar 17
Full year 2022 earnings released Full year 2022 results: Revenue: €363.6m (up 9.1% from FY 2021). Net loss: €9.04m (down 175% from profit in FY 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Feb 03
Consensus EPS estimates fall by 33% The consensus outlook for fiscal year 2022 has been updated. 2022 expected loss increased from -€0.03 to -€0.04 per share. Revenue forecast unchanged at €352.0m. Luxury industry in Italy expected to see average net income growth of 10% next year. Consensus price target down from €1.55 to €1.45. Share price fell 4.8% to €1.35 over the past week. Price Target Changed • Feb 02
Price target decreased by 9.4% to €1.45 Down from €1.60, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €1.39. Stock is down 46% over the past year. The company is forecast to post a net loss per share of €0.03 compared to earnings per share of €0.12 last year. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: €0.018 (vs €0.057 in 3Q 2021) Third quarter 2022 results: EPS: €0.018 (down from €0.057 in 3Q 2021). Revenue: €103.7m (up 7.8% from 3Q 2021). Net income: €1.81m (down 68% from 3Q 2021). Profit margin: 1.7% (down from 6.0% in 3Q 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Francesca Pace was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: €0.018 (vs €0.099 in 3Q 2021) Third quarter 2022 results: EPS: €0.018 (down from €0.099 in 3Q 2021). Revenue: €103.7m (up 7.8% from 3Q 2021). Net income: €1.81m (down 82% from 3Q 2021). Profit margin: 1.7% (down from 10% in 3Q 2021). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €1.09, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Luxury industry in Italy. Total loss to shareholders of 24% over the past three years. Reported Earnings • Aug 02
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: €77.2m (flat on 2Q 2021). Net loss: €6.08m (down 164% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 5.5%, compared to a 13% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • May 15
First quarter 2022 earnings: Revenues exceed analyst expectations First quarter 2022 results: Revenue: €103.5m (up 27% from 1Q 2021). Net income: €8.94m (up 138% from 1Q 2021). Profit margin: 8.6% (up from 4.6% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 3.6%, compared to a 16% growth forecast for the industry in Italy. Price Target Changed • Apr 27
Price target decreased to €2.70 Down from €3.20, the current price target is provided by 1 analyst. New target price is 57% above last closing price of €1.72. Stock is up 44% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.12 last year. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Francesca Pace was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €1.90, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Luxury industry in Italy. Total loss to shareholders of 33% over the past three years. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS €0.099 (vs €0.016 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €96.2m (up 7.1% from 3Q 2020). Net income: €9.87m (up €11.5m from 3Q 2020). Profit margin: 10% (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 71 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 15% share price gain to €1.92, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 30x in the Luxury industry in Italy. Total loss to shareholders of 31% over the past three years. Major Estimate Revision • Aug 06
Consensus EPS estimates increase to €0.09 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €298.0m to €305.0m. Forecast to become profitable, with EPS estimate increasing from -€0.01 to €0.09. Luxury industry in Italy expected to see average net income growth of 36% next year. Consensus price target up from €1.65 to €1.90. Share price rose 13% to €1.93 over the past week. Reported Earnings • Aug 03
Second quarter 2021 earnings released: EPS €0.096 (vs €0.11 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €76.7m (up 72% from 2Q 2020). Net income: €9.53m (up €20.4m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Major Estimate Revision • May 21
Consensus EPS estimates increase to -€0.01 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €290.6m to €298.0m. EPS estimate increased from -€0.02 to -€0.01. Luxury industry in Italy expected to see average net income growth of 21% next year. Consensus price target up from €1.23 to €1.65. Share price rose 21% to €1.60 over the past week. Price Target Changed • May 20
Price target increased to €1.65 Up from €1.26, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €1.59. Stock is up 76% over the past year. Reported Earnings • Apr 04
Full year 2020 earnings released: €0.21 loss per share (vs €0.12 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: €279.6m (down 23% from FY 2019). Net loss: €21.4m (down 283% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 20
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €279.6m (down 23% from FY 2019). Net loss: €21.4m (down 283% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 11
New 90-day high: €1.23 The company is up 48% from its price of €0.83 on 13 November 2020. The Italian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 26% over the same period. Major Estimate Revision • Nov 19
Analysts update estimates The company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -€0.14 to -€0.19. No change was made to the revenue estimate which at the last update was €267.1m. The Luxury industry in Italy is expected to see an average net income growth of 18% next year. The consensus price target increased from €1.15 to €1.39. Share price is up 17% to €0.95 over the past week. Is New 90 Day High Low • Nov 17
New 90-day high: €0.95 The company is up 3.0% from its price of €0.92 on 19 August 2020. The Italian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 19% over the same period. Analyst Estimate Surprise Post Earnings • Nov 12
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 0.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 1.5%, compared to a 3.6% growth forecast for the Luxury industry in Italy. Reported Earnings • Nov 12
Third quarter 2020 earnings released: €0.016 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €89.8m (down 8.3% from 3Q 2019). Net loss: €1.63m (down 120% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 55% 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. Is New 90 Day High Low • Oct 15
New 90-day low: €0.82 The company is down 15% from its price of €0.96 on 17 July 2020. The Italian market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 7.0% over the same period. Is New 90 Day High Low • Sep 23
New 90-day low: €0.87 The company is down 11% from its price of €0.98 on 25 June 2020. The Italian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 2.0% over the same period.