View Future GrowthIDNTT 과거 순이익 실적과거 기준 점검 0/6IDNTT의 수입은 연평균 -5.9%의 비율로 감소해 온 반면, Media 산업은 수입이 연평균 10.8% 증가했습니다. 매출은 연평균 32.1%의 비율로 증가해 왔습니다. IDNTT의 자기자본이익률은 11.4%이고 순이익률은 3%입니다.핵심 정보-5.92%순이익 성장률-11.85%주당순이익(EPS) 성장률Media 산업 성장률14.80%매출 성장률32.09%자기자본이익률11.38%순이익률2.98%최근 순이익 업데이트30 Jun 2025최근 과거 실적 업데이트분석 기사 • May 15Weak Statutory Earnings May Not Tell The Whole Story For IDNTT (BIT:IDNTT)Despite IDNTT SA's ( BIT:IDNTT ) recent earnings report having lackluster headline numbers, the market responded...Reported Earnings • May 09Full year 2024 earnings releasedFull year 2024 results: Revenue: €21.6m (up 12% from FY 2023). Net income: €1.16m (down 26% from FY 2023). Profit margin: 5.4% (down from 8.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Media industry in Italy.Reported Earnings • Oct 06First half 2024 earnings released: EPS: €0.074 (vs €0.083 in 1H 2023)First half 2024 results: EPS: €0.074 (down from €0.083 in 1H 2023). Revenue: €9.78m (up 8.5% from 1H 2023). Net income: €557.0k (down 11% from 1H 2023). Profit margin: 5.7% (down from 6.9% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.Reported Earnings • Apr 05Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: €0.21 (up from €0.19 in FY 2022). Revenue: €19.3m (up 95% from FY 2022). Net income: €1.57m (up 12% from FY 2022). Profit margin: 8.1% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 52%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Media industry in Italy.분석 기사 • Oct 07Earnings Troubles May Signal Larger Issues for ID-ENTITY (BIT:IDNTT) ShareholdersLast week's earnings announcement from ID-ENTITY SA ( BIT:IDNTT ) was disappointing to investors, with a sluggish...모든 업데이트 보기Recent updatesNew Risk • May 18New major risk - Revenue and earnings growthEarnings have declined by 5.9% 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 Earnings have declined by 5.9% per year over the past 5 years. High level of non-cash earnings (28% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (€23.7m market cap, or US$27.6m).New Risk • Apr 19New minor risk - Financial data availabilityThe 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 Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (€21.0m market cap, or US$24.7m).공시 • Mar 27IDNTT SA (BIT:IDNTT) announces an Equity Buyback for €3 million worth of its shares.IDNTT SA (BIT:IDNTT) announces a share repurchase program. Under the program, the company will repurchase up to €3 million worth of its shares. The purpose of the program is to support the stock's liquidity and the regular performance of trading, as well as to enable the efficient use of liquidity generated by operating activities, to be used for incentive plans, extraordinary transactions, agreements with strategic partners, and to fulfill any obligations arising from convertible instruments. The program will be valid till March 30, 2027.New Risk • Mar 04New minor risk - Share price stabilityThe 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 High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (€21.2m market cap, or US$24.6m).분석 기사 • Dec 16Is IDNTT (BIT:IDNTT) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Oct 28Subdued Growth No Barrier To IDNTT SA's (BIT:IDNTT) PriceWith a price-to-earnings (or "P/E") ratio of 28.5x IDNTT SA ( BIT:IDNTT ) may be sending very bearish signals at the...분석 기사 • Jun 20Pinning Down IDNTT SA's (BIT:IDNTT) P/E Is Difficult Right NowWhen close to half the companies in Italy have price-to-earnings ratios (or "P/E's") below 15x, you may consider IDNTT...Price Target Changed • Jun 12Price target decreased by 10% to €6.00Down from €6.70, the current price target is provided by 1 analyst. New target price is 170% above last closing price of €2.22. Stock is down 29% over the past year. The company posted earnings per share of €0.11 last year.분석 기사 • May 15Weak Statutory Earnings May Not Tell The Whole Story For IDNTT (BIT:IDNTT)Despite IDNTT SA's ( BIT:IDNTT ) recent earnings report having lackluster headline numbers, the market responded...공시 • May 12IDNTT SA, Annual General Meeting, May 30, 2025IDNTT SA, Annual General Meeting, May 30, 2025, at 09:30 W. Europe Standard Time.Reported Earnings • May 09Full year 2024 earnings releasedFull year 2024 results: Revenue: €21.6m (up 12% from FY 2023). Net income: €1.16m (down 26% from FY 2023). Profit margin: 5.4% (down from 8.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Media industry in Italy.Board Change • Apr 03Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 06First half 2024 earnings released: EPS: €0.074 (vs €0.083 in 1H 2023)First half 2024 results: EPS: €0.074 (down from €0.083 in 1H 2023). Revenue: €9.78m (up 8.5% from 1H 2023). Net income: €557.0k (down 11% from 1H 2023). Profit margin: 5.7% (down from 6.9% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.New Risk • Sep 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% 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 Profit margins are more than 30% lower than last year (8.1% net profit margin). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Market cap is less than US$100m (€21.8m market cap, or US$24.4m).Upcoming Dividend • May 20Upcoming dividend of €0.015 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. Payout ratio is a comfortable 7.2% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Italian dividend payers (5.3%). Lower than average of industry peers (5.8%).Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 24%After last week's 24% share price gain to €3.72, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Media industry in Italy. Total returns to shareholders of 11% over the past year.Reported Earnings • Apr 05Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: €0.21 (up from €0.19 in FY 2022). Revenue: €19.3m (up 95% from FY 2022). Net income: €1.57m (up 12% from FY 2022). Profit margin: 8.1% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 52%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Media industry in Italy.분석 기사 • Oct 07Earnings Troubles May Signal Larger Issues for ID-ENTITY (BIT:IDNTT) ShareholdersLast week's earnings announcement from ID-ENTITY SA ( BIT:IDNTT ) was disappointing to investors, with a sluggish...New Risk • Oct 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 31% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (9.4% net profit margin). Market cap is less than US$100m (€23.0m market cap, or US$24.4m).Price Target Changed • Apr 24Price target increased by 7.1% to €6.53Up from €6.10, the current price target is an average from 3 analysts. New target price is 89% above last closing price of €3.46. Stock is up 6.5% over the past year. The company is forecast to post earnings per share of €0.36 for next year compared to €0.19 last year.Major Estimate Revision • Apr 05Consensus revenue estimates increase by 22%, EPS downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €17.9m to €21.9m. EPS estimate fell from €0.45 to €0.37. Net income forecast to grow 64% next year vs 30% growth forecast for Media industry in Italy. Consensus price target of €6.33 unchanged from last update. Share price fell 2.8% to €3.50 over the past week.공시 • Nov 18ID-ENTITY SA (BIT:IDNTT) acquired 60% stake in In-Sane SRL for €2.1 million.ID-ENTITY SA (BIT:IDNTT) acquired 60% stake in In-Sane SRL for €2.1 million on November 16, 2022.ID-ENTITY SA (BIT:IDNTT) completed the acquisition of 60% stake in In-Sane SRL for €2.1 million on November 16, 2022.매출 및 비용 세부 내역IDNTT가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이BIT:IDNTT 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비30 Jun 252510031 Mar 252310031 Dec 242210030 Sep 242110030 Jun 242020031 Mar 242020031 Dec 231920030 Sep 231710030 Jun 231410031 Mar 231210031 Dec 221010030 Sep 221020030 Jun 22920031 Mar 22920031 Dec 21820030 Sep 21820030 Jun 21710031 Mar 21710031 Dec 20610031 Dec 194000양질의 수익: IDNTT의 비현금 수익 수준이 높습니다.이익 마진 증가: IDNTT의 현재 순 이익률 (3%)은 지난해 (7.7%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: IDNTT의 수익은 지난 5년 동안 연평균 5.9% 감소했습니다.성장 가속화: IDNTT은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: IDNTT은 지난 1년 동안 수익이 감소(-51.6%)하여 Media 업계 평균(-8.1%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: IDNTT의 자본 수익률(11.4%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMedia 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 00:46종가2026/05/21 00:00수익2025/06/30연간 수익2024/12/31데이터 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 소스IDNTT SA는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Mattia PetraccaIntegrae SPA
분석 기사 • May 15Weak Statutory Earnings May Not Tell The Whole Story For IDNTT (BIT:IDNTT)Despite IDNTT SA's ( BIT:IDNTT ) recent earnings report having lackluster headline numbers, the market responded...
Reported Earnings • May 09Full year 2024 earnings releasedFull year 2024 results: Revenue: €21.6m (up 12% from FY 2023). Net income: €1.16m (down 26% from FY 2023). Profit margin: 5.4% (down from 8.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Media industry in Italy.
Reported Earnings • Oct 06First half 2024 earnings released: EPS: €0.074 (vs €0.083 in 1H 2023)First half 2024 results: EPS: €0.074 (down from €0.083 in 1H 2023). Revenue: €9.78m (up 8.5% from 1H 2023). Net income: €557.0k (down 11% from 1H 2023). Profit margin: 5.7% (down from 6.9% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.
Reported Earnings • Apr 05Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: €0.21 (up from €0.19 in FY 2022). Revenue: €19.3m (up 95% from FY 2022). Net income: €1.57m (up 12% from FY 2022). Profit margin: 8.1% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 52%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Media industry in Italy.
분석 기사 • Oct 07Earnings Troubles May Signal Larger Issues for ID-ENTITY (BIT:IDNTT) ShareholdersLast week's earnings announcement from ID-ENTITY SA ( BIT:IDNTT ) was disappointing to investors, with a sluggish...
New Risk • May 18New major risk - Revenue and earnings growthEarnings have declined by 5.9% 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 Earnings have declined by 5.9% per year over the past 5 years. High level of non-cash earnings (28% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (€23.7m market cap, or US$27.6m).
New Risk • Apr 19New minor risk - Financial data availabilityThe 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 Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (€21.0m market cap, or US$24.7m).
공시 • Mar 27IDNTT SA (BIT:IDNTT) announces an Equity Buyback for €3 million worth of its shares.IDNTT SA (BIT:IDNTT) announces a share repurchase program. Under the program, the company will repurchase up to €3 million worth of its shares. The purpose of the program is to support the stock's liquidity and the regular performance of trading, as well as to enable the efficient use of liquidity generated by operating activities, to be used for incentive plans, extraordinary transactions, agreements with strategic partners, and to fulfill any obligations arising from convertible instruments. The program will be valid till March 30, 2027.
New Risk • Mar 04New minor risk - Share price stabilityThe 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 High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (€21.2m market cap, or US$24.6m).
분석 기사 • Dec 16Is IDNTT (BIT:IDNTT) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Oct 28Subdued Growth No Barrier To IDNTT SA's (BIT:IDNTT) PriceWith a price-to-earnings (or "P/E") ratio of 28.5x IDNTT SA ( BIT:IDNTT ) may be sending very bearish signals at the...
분석 기사 • Jun 20Pinning Down IDNTT SA's (BIT:IDNTT) P/E Is Difficult Right NowWhen close to half the companies in Italy have price-to-earnings ratios (or "P/E's") below 15x, you may consider IDNTT...
Price Target Changed • Jun 12Price target decreased by 10% to €6.00Down from €6.70, the current price target is provided by 1 analyst. New target price is 170% above last closing price of €2.22. Stock is down 29% over the past year. The company posted earnings per share of €0.11 last year.
분석 기사 • May 15Weak Statutory Earnings May Not Tell The Whole Story For IDNTT (BIT:IDNTT)Despite IDNTT SA's ( BIT:IDNTT ) recent earnings report having lackluster headline numbers, the market responded...
공시 • May 12IDNTT SA, Annual General Meeting, May 30, 2025IDNTT SA, Annual General Meeting, May 30, 2025, at 09:30 W. Europe Standard Time.
Reported Earnings • May 09Full year 2024 earnings releasedFull year 2024 results: Revenue: €21.6m (up 12% from FY 2023). Net income: €1.16m (down 26% from FY 2023). Profit margin: 5.4% (down from 8.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Media industry in Italy.
Board Change • Apr 03Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 06First half 2024 earnings released: EPS: €0.074 (vs €0.083 in 1H 2023)First half 2024 results: EPS: €0.074 (down from €0.083 in 1H 2023). Revenue: €9.78m (up 8.5% from 1H 2023). Net income: €557.0k (down 11% from 1H 2023). Profit margin: 5.7% (down from 6.9% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.
New Risk • Sep 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% 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 Profit margins are more than 30% lower than last year (8.1% net profit margin). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Market cap is less than US$100m (€21.8m market cap, or US$24.4m).
Upcoming Dividend • May 20Upcoming dividend of €0.015 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. Payout ratio is a comfortable 7.2% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Italian dividend payers (5.3%). Lower than average of industry peers (5.8%).
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 24%After last week's 24% share price gain to €3.72, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Media industry in Italy. Total returns to shareholders of 11% over the past year.
Reported Earnings • Apr 05Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: €0.21 (up from €0.19 in FY 2022). Revenue: €19.3m (up 95% from FY 2022). Net income: €1.57m (up 12% from FY 2022). Profit margin: 8.1% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 52%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Media industry in Italy.
분석 기사 • Oct 07Earnings Troubles May Signal Larger Issues for ID-ENTITY (BIT:IDNTT) ShareholdersLast week's earnings announcement from ID-ENTITY SA ( BIT:IDNTT ) was disappointing to investors, with a sluggish...
New Risk • Oct 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 31% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (9.4% net profit margin). Market cap is less than US$100m (€23.0m market cap, or US$24.4m).
Price Target Changed • Apr 24Price target increased by 7.1% to €6.53Up from €6.10, the current price target is an average from 3 analysts. New target price is 89% above last closing price of €3.46. Stock is up 6.5% over the past year. The company is forecast to post earnings per share of €0.36 for next year compared to €0.19 last year.
Major Estimate Revision • Apr 05Consensus revenue estimates increase by 22%, EPS downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €17.9m to €21.9m. EPS estimate fell from €0.45 to €0.37. Net income forecast to grow 64% next year vs 30% growth forecast for Media industry in Italy. Consensus price target of €6.33 unchanged from last update. Share price fell 2.8% to €3.50 over the past week.
공시 • Nov 18ID-ENTITY SA (BIT:IDNTT) acquired 60% stake in In-Sane SRL for €2.1 million.ID-ENTITY SA (BIT:IDNTT) acquired 60% stake in In-Sane SRL for €2.1 million on November 16, 2022.ID-ENTITY SA (BIT:IDNTT) completed the acquisition of 60% stake in In-Sane SRL for €2.1 million on November 16, 2022.