공고 • Apr 15
Pozzi Milano S.p.A., Annual General Meeting, Apr 30, 2026 Pozzi Milano S.p.A., Annual General Meeting, Apr 30, 2026, at 18:00 W. Europe Standard Time. Location: monticelli brusati via fornaci 4a b, bs Italy 공고 • Apr 15
Pozzi Milano S.p.A., Annual General Meeting, Apr 29, 2025 Pozzi Milano S.p.A., Annual General Meeting, Apr 29, 2025, at 17:00 W. Europe Standard Time. Reported Earnings • Apr 01
Full year 2024 earnings released Full year 2024 results: Revenue: €20.2m (up 11% from FY 2023). Net income: €1.09m (up 6.5% from FY 2023). Profit margin: 5.4% (down from 5.6% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Consumer Durables industry in Italy. Buy Or Sell Opportunity • Oct 04
Now 20% overvalued Over the last 90 days, the stock has fallen 5.8% to €0.49. The fair value is estimated to be €0.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last year. Earnings per share has declined by 45%. Reported Earnings • Sep 30
First half 2024 earnings released: EPS: €0.009 (vs €0.019 in 1H 2023) First half 2024 results: EPS: €0.009 (down from €0.019 in 1H 2023). Revenue: €9.49m (up 7.7% from 1H 2023). Net income: €319.3k (down 51% from 1H 2023). Profit margin: 3.4% (down from 7.3% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Italy. New Risk • Sep 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.7% Last year net profit margin: 5.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 12% over the past year. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Profit margins are more than 30% lower than last year (3.7% net profit margin). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (€16.9m market cap, or US$18.8m). Buy Or Sell Opportunity • Sep 18
Now 22% overvalued Over the last 90 days, the stock has fallen 7.1% to €0.50. The fair value is estimated to be €0.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.1% over the last year, while earnings per share has been flat. Buy Or Sell Opportunity • Aug 05
Now 23% overvalued Over the last 90 days, the stock has fallen 22% to €0.51. The fair value is estimated to be €0.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.1% over the last year, while earnings per share has been flat. Price Target Changed • Apr 17
Price target decreased by 14% to €1.50 Down from €1.75, the current price target is provided by 1 analyst. New target price is 137% above last closing price of €0.63. Stock is down 56% over the past year. Reported Earnings • Mar 30
Full year 2023 earnings released Full year 2023 results: Revenue: €18.7m (down 14% from FY 2022). Net income: €1.03m (up 1.5% from FY 2022). Profit margin: 5.5% (up from 4.7% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Italy. Buy Or Sell Opportunity • Jan 31
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.5% to €0.79. The fair value is estimated to be €1.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last year. Earnings per share has grown by 71%. New Risk • Jan 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% 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: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (€28.2m market cap, or US$30.8m). Buying Opportunity • Jan 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €1.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buying Opportunity • Dec 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 36%. The fair value is estimated to be €1.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buying Opportunity • Oct 13
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 40%. The fair value is estimated to be €1.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Reported Earnings • Oct 02
First half 2023 earnings released First half 2023 results: EPS: €0.019. Net income: €646.6k (up €646.6k from 1H 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Italy. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €1.12, the stock trades at a trailing P/E ratio of 37.7x. Average forward P/E is 11x in the Consumer Durables industry in Italy. Total returns to shareholders of 14% over the past year. New Risk • Jul 21
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 6.2% 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 Risk Share price has been highly volatile over the past 3 months (6.2% average weekly change). Minor Risks High level of debt (45% net debt to equity). Less than 3 years of financial data is available. Large one-off items impacting financial results. Market cap is less than US$100m (€45.7m market cap, or US$50.8m).