View Financial HealthGrowens 배당 및 자사주 매입배당 기준 점검 0/6Growens 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률0%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Apr 21Upcoming dividend of €0.38 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 30 April 2025. Trailing yield: 10%. Within top quartile of Italian dividend payers (5.8%). Higher than average of industry peers (1.1%).Upcoming Dividend • Aug 26Upcoming dividend of €0.79 per shareEligible shareholders must have bought the stock before 02 September 2024. Payment date: 04 September 2024. The average dividend yield among industry peers is 1.1%.모든 업데이트 보기Recent updatesReported Earnings • Apr 30Full year 2025 earnings released: €0.17 loss per share (vs €0.19 loss in FY 2024)Full year 2025 results: €0.17 loss per share (improved from €0.19 loss in FY 2024). Revenue: €77.4m (up 4.0% from FY 2024). Net loss: €2.26m (loss narrowed 7.2% from FY 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Italy. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.New Risk • Apr 26New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €2.3m Forecast net loss in 3 years: €100k 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: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€4.4m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€100k net loss in 3 years). Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (€30.2m market cap, or US$35.3m).공시 • Apr 17Growens S.p.A., Annual General Meeting, Apr 27, 2026Growens S.p.A., Annual General Meeting, Apr 27, 2026, at 10:00 W. Europe Standard Time. Location: via del innovazione digitale n 3, cremona ItalyNew Risk • Apr 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 7.9% 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 Less than 1 year of cash runway based on free cash flow trend (-€4.4m free cash flow). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Market cap is less than US$100m (€30.4m market cap, or US$35.7m).Reported Earnings • Mar 26Full year 2025 earnings releasedFull year 2025 results: Revenue: €77.4m (up 4.0% from FY 2024). Net loss: €2.26m (loss narrowed 7.2% from FY 2024). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in Italy.New Risk • Mar 25New major risk - Revenue and earnings growthEarnings have declined by 52% 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 Less than 1 year of cash runway based on free cash flow trend (-€4.3m free cash flow). Earnings have declined by 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (€34.2m market cap, or US$39.6m).공시 • Dec 20+ 3 more updatesGrowens S.p.A. to Report First Half, 2026 Results on Sep 17, 2026Growens S.p.A. announced that they will report first half, 2026 results on Sep 17, 2026분석 기사 • Dec 05There's No Escaping Growens S.p.A.'s (BIT:GROW) Muted RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.5x Growens S.p.A. ( BIT:GROW ) is a stock worth checking...New Risk • Nov 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 9.1% 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 Less than 1 year of cash runway based on free cash flow trend (-€4.3m free cash flow). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€671k net loss in 2 years). Market cap is less than US$100m (€39.1m market cap, or US$45.4m).New Risk • Oct 17New 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 5.7% 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 Less than 1 year of cash runway based on free cash flow trend (-€4.3m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€671k net loss in 2 years). Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (€39.5m market cap, or US$46.2m).분석 기사 • Oct 13Does Growens (BIT:GROW) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Aug 21Growens S.p.A.'s (BIT:GROW) Price Is Right But Growth Is LackingBIT:GROW 1 Year Share Price vs Fair Value Explore Growens's Fair Values from the Community and select yours Growens...New Risk • Aug 06New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€8.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€8.9m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€1.2m net loss in 3 years). Market cap is less than US$100m (€39.8m market cap, or US$46.2m).New Risk • Jul 15New 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 5.5% 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 Less than 1 year of cash runway based on current free cash flow (-€8.9m). Currently unprofitable and not forecast to become profitable over next 3 years (€1.2m net loss in 3 years). Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (€40.0m market cap, or US$46.7m).Upcoming Dividend • Apr 21Upcoming dividend of €0.38 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 30 April 2025. Trailing yield: 10%. Within top quartile of Italian dividend payers (5.8%). Higher than average of industry peers (1.1%).New Risk • Mar 20New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €2.4m Forecast net loss in 3 years: €1.2m 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: Major Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€29m). Currently unprofitable and not forecast to become profitable over next 3 years (€1.2m net loss in 3 years). Market cap is less than US$100m (€49.3m market cap, or US$53.5m).Major Estimate Revision • Mar 20Consensus EPS estimates fall by 56%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €82.1m to €78.8m. Losses expected to increase from €0.09 per share to €0.14. Software industry in Italy expected to see average net income growth of 53% next year. Consensus price target down from €6.85 to €5.75. Share price was steady at €3.89 over the past week.Price Target Changed • Mar 19Price target decreased by 17% to €5.75Down from €6.95, the current price target is an average from 2 analysts. New target price is 48% above last closing price of €3.89. Stock is down 33% over the past year.New Risk • Mar 17New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€29m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€29m free cash flow). Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€175k net loss in 2 years). Market cap is less than US$100m (€49.2m market cap, or US$53.7m).Reported Earnings • Mar 17Full year 2024 earnings releasedFull year 2024 results: Revenue: €74.5m (flat on FY 2023). Net loss: €2.43m (loss narrowed 17% from FY 2023). Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in Italy.분석 기사 • Mar 12Investors Don't See Light At End Of Growens S.p.A.'s (BIT:GROW) Tunnel And Push Stock Down 27%The Growens S.p.A. ( BIT:GROW ) share price has fared very poorly over the last month, falling by a substantial 27...New Risk • Feb 25New 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 5.7% 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 Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (€55.2m market cap, or US$57.9m).분석 기사 • Jan 17Improved Revenues Required Before Growens S.p.A. (BIT:GROW) Shares Find Their FeetWhen you see that almost half of the companies in the Software industry in Italy have price-to-sales ratios (or "P/S...공시 • Dec 25+ 3 more updatesGrowens S.p.A. to Report Nine Months, 2025 Results on Nov 04, 2025Growens S.p.A. announced that they will report nine months, 2025 results on Nov 04, 2025New Risk • Dec 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% 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 Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€72.0m market cap, or US$75.9m).Major Estimate Revision • Oct 20Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -€0.149 to -€0.169 per share. Revenue forecast of €75.8m unchanged since last update. Software industry in Italy expected to see average net income growth of 68% next year. Consensus price target broadly unchanged at €6.85. Share price rose 5.5% to €6.18 over the past week.Reported Earnings • Sep 27First half 2024 earnings releasedFirst half 2024 results: Revenue: €36.9m (up 3.6% from 1H 2023). Net loss: €1.69m (loss narrowed 40% from 1H 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Italy.New Risk • Sep 26New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€24m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€24m). Currently unprofitable and not forecast to become profitable over next 2 years (€383k net loss in 2 years). Market cap is less than US$100m (€72.6m market cap, or US$80.7m).분석 기사 • Sep 03Growens S.p.A.'s (BIT:GROW) Shareholders Might Be Looking For ExitWith a median price-to-sales (or "P/S") ratio of close to 1.3x in the Software industry in Italy, you could be forgiven...Upcoming Dividend • Aug 26Upcoming dividend of €0.79 per shareEligible shareholders must have bought the stock before 02 September 2024. Payment date: 04 September 2024. The average dividend yield among industry peers is 1.1%.분석 기사 • May 04Growens S.p.A. (BIT:GROW) Stock Rockets 25% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, Growens S.p.A. ( BIT:GROW ) shares have been powering on, with a gain of 25% in the last...New Risk • Apr 09New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €2.9m Forecast net loss in 3 years: €700k 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 3 years (€700k net loss in 3 years). Market cap is less than US$100m (€73.0m market cap, or US$79.3m).공시 • Dec 22+ 4 more updatesGrowens S.p.A. to Report First Half, 2024 Results on Sep 24, 2024Growens S.p.A. announced that they will report first half, 2024 results on Sep 24, 2024New Risk • Dec 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €81.3m (US$87.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 40% per year for the foreseeable future. Minor Risks High level of debt (60% net debt to equity). Market cap is less than US$100m (€81.3m market cap, or US$87.9m).공시 • Oct 25Squeezely Technology B.V. completed the acquisition of Datatrics B.V. from Growens S.p.A. (BIT:GROW) for €1.6 million.Squeezely Technology B.V. singed binding agreement to acquire Datatrics B.V. from Growens S.p.A. (BIT:GROW) for €1.66 million on October 9, 2023. The parties agreed on a total consideration of €1.66 million (the “Price”), based on a locked-box mechanism (i.e. without any adjustments other than potential price reductions for cash outs in favor of the seller), which will be paid in cash by the Purchaser as of the date in which the shareholding will be transferred. Revenues of the transferred assets amount to €2.5 million in FY 2022, with respective EBITDA of -€1.6 million Euro in FY 2022. The transaction tentatively expected by the end of October 2023.The Transaction implies Growens waiving approximately €7 million of intercompany loans versus Datatrics. Herbert Smith Freehills Studio Legale acted as legal counsel to Growens S.p.A. (BIT:GROW) in the transaction. Squeezely Technology B.V. completed the acquisition of Datatrics B.V. from Growens S.p.A. (BIT:GROW) for €1.6 million on October 23, 2023.공시 • Oct 10Squeezely Technology B.V. singed binding agreement to acquire Datatrics B.V. from Growens S.p.A. (BIT:GROW) for €1.66 million.Squeezely Technology B.V. singed binding agreement to acquire Datatrics B.V. from Growens S.p.A. (BIT:GROW) for €1.66 million on October 9, 2023. The parties agreed on a total consideration of €1.66 million (the “Price”), based on a locked-box mechanism (i.e. without any adjustments other than potential price reductions for cash outs in favor of the seller), which will be paid in cash by the Purchaser as of the date in which the shareholding will be transferred. Revenues of the transferred assets amount to €2.5 million in FY 2022, with respective EBITDA of -€1.6 million Euro in FY 2022. The transaction tentatively expected by the end of October 2023.The Transaction implies Growens waiving approximately €7 million of intercompany loans versus Datatrics. Herbert Smith Freehills Studio Legale acted as legal counsel to Growens S.p.A. (BIT:GROW) in the transaction.Reported Earnings • Sep 20First half 2023 earnings releasedFirst half 2023 results: Revenue: €35.6m (down 25% from 1H 2022). Net loss: €2.84m (loss widened 205% from 1H 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Italy.New Risk • Sep 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 60% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 52% per year for the foreseeable future. Minor Risk High level of debt (60% net debt to equity).공시 • Sep 04Growens S.p.A., Annual General Meeting, Sep 18, 2023Growens S.p.A., Annual General Meeting, Sep 18, 2023, at 10:00 Central European Standard Time. Agenda: To consider and approve authorization to the purchase of treasury shares via a voluntary partial tender offer, and disposal of treasury shares. Related and resulting resolutions.공시 • Jul 15TeamSystem Holding S.p.A. completed the acquisition of MailUp Unit, Contactlab S.p.A., Acumbamail S.L., MailUp Nordics A/S and Globase International A.p.S. from Growens S.p.A. (BIT:GROW) for €76.7 million.TeamSystem Holding S.p.A. entered into agreement to acquire MailUp Unit, Contactlab S.p.A., Acumbamail S.L., MailUp Nordics A/S and Globase International A.p.S. from Growens S.p.A. (BIT:GROW) for €70 million on February 2, 2023. The a total consideration of €70 million on a cash/debt free basis. Board of Directors approved the signing of a binding agreement. The Board of Directors also resolved to call the General Shareholders’ Meeting, ordinary and extraordinary session, on 9 March 2023 to approve the Transaction and the subsequent amendments to the By-Laws for the change of the corporate purpose. With respect to the latter decision, nonconcurring shareholders will be entitled to the right of withdrawal of all or part of their stake. The Board of Directors established the liquidation price at €4.39 per share. The deal will be executed tentatively after certain conditions precedent occur (or are renounced), namely (i) clearance is obtained according to the so-called “Golden Power” rule under Italian laws and regulations, (ii) approval of the Antitrust authority, (iii) affirmative vote of the Company’s ordinary and extraordinary General Shareholders’ Meeting (non-renounceable), as the Transaction implies a "fundamental change of business” under article 15 of Euronext Growth Milan Rules For Companies (see below for further information), as well as (iv) the effective contribution of the MailUp business unit (including the stake in MailUp Nordics) into Contactlab S.p.A.. the Board of Directors, having acknowledged the opinion of the Board of Statutory Auditors and BDO Italia S.p.A. (independent audit firm), as well as the valuation opinion released by CFO SIM in their capacity of independent expert, established the liquidation price at 4.39 Euro per share. The sale of the Email Service Provider business implies the transfer of a headcount of 260 people in Italy, Spain and Denmark, including Messrs Luca Azzali, Alberto Miscia and Massimo Fubini, who will take on roles within the transferred activities, while remaining shareholders of Growens S.p.A.. Closing of the Transaction will indicatively take place by the end of June 2023. Figurative revenues of the transferred assets amount to €19 million as of 30 September 2022. As of July 13, 2023, Part of the price, amounting to €4.6 million (the “Escrow Amount”) was deposited into an escrow account, in order to guarantee indemnification obligations provided by the Issuer within the Deal agreement. The Escrow Amount will be periodically released with a usual décalage method for similar deals. The Issuer was assisted by Intermonte S.p.A. as financial advisor and CFO SIM as independent expert. Jpmorgan Asset Management Europe Sarl (Italy Branch) acted as financial advisor to TeamSystem Holding S.p.A. Herbert Smith Freehills LLP acted as legal advisor to Growens S.p.A. JPMorgan Chase & Co. (NYSE:JPM) acted as financial advisor to Growens S.p.A. Freshfields Bruckhaus Deringer LLP acted as legal advisor to TeamSystem Holding S.p.A. Ernst & Young Global Limited acted as financial and tax due diligence provider to TeamSystem Holding S.p.A. TeamSystem Holding S.p.A. completed the acquisition of MailUp Unit, Contactlab S.p.A., Acumbamail S.L., MailUp Nordics A/S and Globase International A.p.S. from Growens S.p.A. (BIT:GROW) for €76.7 million on July 13, 2023.Reported Earnings • Mar 27Full year 2022 earnings releasedFull year 2022 results: Revenue: €103.4m (up 45% from FY 2021). Net loss: €2.52m (down €2.90m from profit in FY 2021). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Italy.Price Target Changed • Feb 08Price target increased by 11% to €6.05Up from €5.43, the current price target is an average from 2 analysts. New target price is 9.2% above last closing price of €5.54. Stock is up 10% over the past year. The company is forecast to post a net loss per share of €0.02 compared to earnings per share of €0.026 last year.공시 • Feb 04TeamSystem Holding S.p.A. entered into agreement to acquire MailUp Unit, Contactlab S.p.A., Acumbamail S.L., MailUp Nordics A/S and Globase International A.p.S. from Growens S.p.A. (BIT:GROW) for €70 million.TeamSystem Holding S.p.A. entered into agreement to acquire MailUp Unit, Contactlab S.p.A., Acumbamail S.L., MailUp Nordics A/S and Globase International A.p.S. from Growens S.p.A. (BIT:GROW) for €70 million on February 2, 2023. The a total consideration of €70 million on a cash/debt free basis. Board of Directors approved the signing of a binding agreement. The Board of Directors also resolved to call the General Shareholders’ Meeting, ordinary and extraordinary session, on 9 March 2023 to approve the Transaction and the subsequent amendments to the By-Laws for the change of the corporate purpose. With respect to the latter decision, nonconcurring shareholders will be entitled to the right of withdrawal of all or part of their stake. The Board of Directors established the liquidation price at €4.39 per share. The deal will be executed tentatively after certain conditions precedent occur (or are renounced), namely (i) clearance is obtained according to the so-called “Golden Power” rule under Italian laws and regulations, (ii) approval of the Antitrust authority, (iii) affirmative vote of the Company’s ordinary and extraordinary General Shareholders’ Meeting (non-renounceable), as the Transaction implies a "fundamental change of business” under article 15 of Euronext Growth Milan Rules For Companies (see below for further information), as well as (iv) the effective contribution of the MailUp business unit (including the stake in MailUp Nordics) into Contactlab S.p.A.. the Board of Directors, having acknowledged the opinion of the Board of Statutory Auditors and BDO Italia S.p.A. (independent audit firm), as well as the valuation opinion released by CFO SIM in their capacity of independent expert, established the liquidation price at 4.39 Euro per share. The sale of the Email Service Provider business implies the transfer of a headcount of 260 people in Italy, Spain and Denmark, including Messrs Luca Azzali, Alberto Miscia and Massimo Fubini, who will take on roles within the transferred activities, while remaining shareholders of Growens S.p.A.. Closing of the Transaction will indicatively take place by the end of June 2023. Figurative revenues of the transferred assets amount to €19 million as of 30 September 2022. The Issuer was assisted by Intermonte S.p.A. as financial advisor and CFO SIM as independent expert.공시 • Dec 23+ 3 more updatesGrowens S.p.A. to Report Q1, 2023 Results on May 09, 2023Growens S.p.A. announced that they will report Q1, 2023 results on May 09, 2023Board Change • Nov 16Less 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. 8 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Ignazio Castiglioni was the last independent director to join the board, commencing their role in 2018. 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 • Sep 17First half 2022 earnings released: €0.063 loss per share (vs €0.02 profit in 1H 2021)First half 2022 results: €0.063 loss per share (down from €0.02 profit in 1H 2021). Revenue: €47.2m (up 40% from 1H 2021). Net loss: €930.9k (down 411% from profit in 1H 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Software industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Sep 14Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €92.3m to €96.4m. EPS estimate fell from €0.09 to €0.06 per share. Net income forecast to grow 8.5% next year vs 35% growth forecast for Software industry in Italy. Consensus price target down from €6.37 to €5.80. Share price fell 6.0% to €4.37 over the past week.Price Target Changed • Sep 13Price target decreased to €5.80Down from €6.52, the current price target is an average from 3 analysts. New target price is 33% above last closing price of €4.37. Stock is down 1.8% over the past year. The company is forecast to post earnings per share of €0.093 for next year compared to €0.026 last year.분석 기사 • Jul 07Calculating The Intrinsic Value Of Growens S.p.A. (BIT:GROW)How far off is Growens S.p.A. ( BIT:GROW ) from its intrinsic value? Using the most recent financial data, we'll take a...Board Change • Apr 27Less 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. 8 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Ignazio Castiglioni was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 14Growens S.p.A. (BIT:GROW) completed the acquisition of Contactlab Srl from Programma 101, a fund managed by P101 SGR S.p.A. Massimo Fubini and Elisa Martelli.Growens S.p.A. (BIT:GROW) entered into an agreement to acquire Contactlab Srl from Programma 101, a fund managed by P101 SGR S.p.A. Massimo Fubini and Elisa Martelli for €11.3 million on April 4, 2022. A total consideration (Equity Value) of €5 million to be paid as follows:(i) as per €3.750 million in cash (from the Company liquid funds) versus the purchase of n. 827,617 class A and B Contactlab shares (respectively owned by all the Selling Shareholders amounting to ca. 67.4% of its share capital), to be paid on the date of closing;(ii) as per €1.250 million, versus the purchase of the remaining 400,955 class A and B Contactlab shares respectively owned by all the Selling Shareholders amounting to 32.6% of its share capital, in kind, via the attribution of 188,822 treasury shares of the Issuer, on the date of closing (the “Purchase Price Shares”). The implied value of the Purchase Price Shares is €6.62 per share, with a 29% premium on the official price of 1 April, 2022. In addition to the above, an earn-out provision will be granted to the Selling Shareholders for a total consideration up to €6.6 million, upon achieving certain strategic and cumulated combined profitability goals for Growens and Contactlab over the time span 2022-2024. The potential earn-out will be paid: (i) to P101, exclusively in cash, (ii) to the remaining Selling Shareholders other than P101, at Growens’ choice in cash or in kind up to 40% in Growens shares (the “Earn-out Shares”), based on the weighted average official price of Growens shares over the last 90 trading days before the earn-out maturity date, plus 10%. FY 2021 preliminary revenues of €10.9 million, and EBITDA €1 million. Following the Transaction, Massimo Fubini (current CEO and founder of Contactlab) will be responsible for the combined MailUp+Contactlab business unit. Transaction will also include certain management agreements, including the appointment of Massimo Fubini as a director within the Group. The closing of the Transaction will indicatively take place by the end of May 2022. Growens S.p.A. (BIT:GROW) completed the acquisition of Contactlab Srl from Programma 101, a fund managed by P101 SGR S.p.A. Massimo Fubini and Elisa Martelli on April 13, 2022.Major Estimate Revision • Apr 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €80.0m to €92.3m. EPS estimate fell from €0.09 to €0.08. Net income forecast to grow 266% next year vs 63% growth forecast for Software industry in Italy. Consensus price target up from €6.22 to €6.45. Share price rose 3.2% to €5.20 over the past week.공시 • Apr 06Growens S.p.A. (BIT:GROW) entered into an agreement to acquire Contactlab Srl from Programma 101, a fund managed by P101 SGR S.p.A. Massimo Fubini and Elisa Martelli for €11.3 million.Growens S.p.A. (BIT:GROW) entered into an agreement to acquire Contactlab Srl from Programma 101, a fund managed by P101 SGR S.p.A. Massimo Fubini and Elisa Martelli for €11.3 million on April 4, 2022. A total consideration (Equity Value) of € 5 million to be paid as follows:(i) as per €3.750 million in cash (from the Company liquid funds) versus the purchase of n. 827,617 class A and B Contactlab shares (respectively owned by all the Selling Shareholders amounting to ca. 67.4% of its share capital), to be paid on the date of closing;(ii) as per €1.250 million, versus the purchase of the remaining n. 400,955 class A and B Contactlab shares respectively owned by all the Selling Shareholders amounting to ca. 32.6% of its share capital, in kind, via the attribution of n. 188,822 treasury shares of the Issuer, on the date of closing (the “Purchase Price Shares”). The implied value of the Purchase Price Shares is €6.62 per share, with a ca. 29% premium on the official price of 1 April, 2022. In addition to the above, an earn-out provision will be granted to the Selling Shareholders for a total consideration up to €6.6 million, upon achieving certain strategic and cumulated combined profitability goals for Growens and Contactlab over the time span 2022-2024. The potential earn-out will be paid: (i) to P101, exclusively in cash, (ii) to the remaining Selling Shareholders other than P101, at Growens’ choice in cash or in kind up to 40% in Growens shares (the “Earn-out Shares”), based on the weighted average official price of Growens shares over the last 90 trading days before the earn-out maturity date, plus 10%. FY 2021 preliminary revenues of €10.9 million, and EBITDA ca. €1 million. Following the Transaction, Massimo Fubini (current CEO and founder of Contactlab) will be responsible for the combined MailUp+Contactlab business unit. Transaction will also include certain management agreements, including the appointment of Massimo Fubini as a director within the Group. The closing of the Transaction will indicatively take place by the end of May 2022.Major Estimate Revision • Mar 30Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €78.0m to €80.0m. EPS estimate fell from €0.14 to €0.09 per share. Net income forecast to grow 293% next year vs 49% growth forecast for Software industry in Italy. Consensus price target broadly unchanged at €6.35. Share price rose 5.7% to €5.16 over the past week.Reported Earnings • Mar 28Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €71.2m (up 9.2% from FY 2020). Net income: €368.6k (down 35% from FY 2020). Profit margin: 0.5% (down from 0.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 10%, compared to a 31% growth forecast for the industry in Italy.분석 기사 • Nov 17Is There An Opportunity With Growens S.p.A.'s (BIT:GROW) 26% Undervaluation?How far off is Growens S.p.A. ( BIT:GROW ) from its intrinsic value? Using the most recent financial data, we'll take a...Reported Earnings • Sep 18First half 2021 earnings releasedThe company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €33.7m (up 6.3% from 1H 2020). Net income: €299.0k (down 26% from 1H 2020). Profit margin: 0.9% (down from 1.3% in 1H 2020). The decrease in margin was driven by higher expenses.분석 기사 • Apr 15These 4 Measures Indicate That MailUp (BIT:MAIL) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...분석 기사 • Mar 28MailUp S.p.A. (BIT:MAIL) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?Last week, you might have seen that MailUp S.p.A. ( BIT:MAIL ) released its yearly result to the market. The early...Reported Earnings • Mar 27Full year 2020 earnings releasedThe company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: €65.2m (up 7.3% from FY 2019). Net income: €564.9k (down 51% from FY 2019). Profit margin: 0.9% (down from 1.9% in FY 2019). The decrease in margin was driven by higher expenses.Is New 90 Day High Low • Mar 14New 90-day low: €4.31The company is down 7.0% from its price of €4.65 on 14 December 2020. The Italian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.43 per share.분석 기사 • Mar 09A Look At The Intrinsic Value Of MailUp S.p.A. (BIT:MAIL)Today we will run through one way of estimating the intrinsic value of MailUp S.p.A. ( BIT:MAIL ) by projecting its...분석 기사 • Feb 09Are MailUp's (BIT:MAIL) Statutory Earnings A Good Reflection Of Its Earnings Potential?As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...분석 기사 • Jan 22Are Insiders Selling MailUp S.p.A. (BIT:MAIL) Stock?It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...공시 • Jan 14MailUp S.p.A., Annual General Meeting, Apr 22, 2021MailUp S.p.A., Annual General Meeting, Apr 22, 2021.분석 기사 • Jan 04MailUp S.p.A. (BIT:MAIL) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?With its stock down 12% over the past three months, it is easy to disregard MailUp (BIT:MAIL). But if you pay close...분석 기사 • Dec 16MailUp (BIT:MAIL) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...분석 기사 • Dec 01The MailUp (BIT:MAIL) Share Price Has Gained 96% And Shareholders Are Hoping For MoreIt hasn't been the best quarter for MailUp S.p.A. (BIT:MAIL) shareholders, since the share price has fallen 18% in...Is New 90 Day High Low • Oct 21New 90-day low: €4.78The company is down 8.0% from its price of €5.18 on 23 July 2020. The Italian market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.59 per share.Is New 90 Day High Low • Sep 25New 90-day low: €4.82The company is down 11% from its price of €5.40 on 26 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 Software industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.70 per share.Price Target Changed • Sep 23Price target raised to €5.98Up from €5.05, the current price target is an average from 2 analysts. The new target price is 18% above the current share price of €5.06. As of last close, the stock is up 26% over the past year.Reported Earnings • Sep 18First half earnings releasedOver the last 12 months the company has reported total profits of €1.14m, down 3.6% from the prior year. Total revenue was €63.2m over the last 12 months, up 23% from the prior year.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 GROW 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: GROW 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Growens 배당 수익률 vs 시장GROW의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (GROW)0%시장 하위 25% (IT)1.5%시장 상위 25% (IT)4.6%업계 평균 (Software)2.0%분석가 예측 (GROW) (최대 3년)0%주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 GROW 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 GROW 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: GROW Italian 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: GROW 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YIT 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/19 19:37종가2026/06/19 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Growens S.p.A.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Gabriele BertiIntesa Sanpaolo Equity ResearchArianna TerazziIntesa Sanpaolo Equity Research
Upcoming Dividend • Apr 21Upcoming dividend of €0.38 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 30 April 2025. Trailing yield: 10%. Within top quartile of Italian dividend payers (5.8%). Higher than average of industry peers (1.1%).
Upcoming Dividend • Aug 26Upcoming dividend of €0.79 per shareEligible shareholders must have bought the stock before 02 September 2024. Payment date: 04 September 2024. The average dividend yield among industry peers is 1.1%.
Reported Earnings • Apr 30Full year 2025 earnings released: €0.17 loss per share (vs €0.19 loss in FY 2024)Full year 2025 results: €0.17 loss per share (improved from €0.19 loss in FY 2024). Revenue: €77.4m (up 4.0% from FY 2024). Net loss: €2.26m (loss narrowed 7.2% from FY 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Italy. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
New Risk • Apr 26New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €2.3m Forecast net loss in 3 years: €100k 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: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€4.4m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€100k net loss in 3 years). Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (€30.2m market cap, or US$35.3m).
공시 • Apr 17Growens S.p.A., Annual General Meeting, Apr 27, 2026Growens S.p.A., Annual General Meeting, Apr 27, 2026, at 10:00 W. Europe Standard Time. Location: via del innovazione digitale n 3, cremona Italy
New Risk • Apr 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 7.9% 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 Less than 1 year of cash runway based on free cash flow trend (-€4.4m free cash flow). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Market cap is less than US$100m (€30.4m market cap, or US$35.7m).
Reported Earnings • Mar 26Full year 2025 earnings releasedFull year 2025 results: Revenue: €77.4m (up 4.0% from FY 2024). Net loss: €2.26m (loss narrowed 7.2% from FY 2024). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in Italy.
New Risk • Mar 25New major risk - Revenue and earnings growthEarnings have declined by 52% 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 Less than 1 year of cash runway based on free cash flow trend (-€4.3m free cash flow). Earnings have declined by 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (€34.2m market cap, or US$39.6m).
공시 • Dec 20+ 3 more updatesGrowens S.p.A. to Report First Half, 2026 Results on Sep 17, 2026Growens S.p.A. announced that they will report first half, 2026 results on Sep 17, 2026
분석 기사 • Dec 05There's No Escaping Growens S.p.A.'s (BIT:GROW) Muted RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.5x Growens S.p.A. ( BIT:GROW ) is a stock worth checking...
New Risk • Nov 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 9.1% 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 Less than 1 year of cash runway based on free cash flow trend (-€4.3m free cash flow). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€671k net loss in 2 years). Market cap is less than US$100m (€39.1m market cap, or US$45.4m).
New Risk • Oct 17New 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 5.7% 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 Less than 1 year of cash runway based on free cash flow trend (-€4.3m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€671k net loss in 2 years). Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (€39.5m market cap, or US$46.2m).
분석 기사 • Oct 13Does Growens (BIT:GROW) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Aug 21Growens S.p.A.'s (BIT:GROW) Price Is Right But Growth Is LackingBIT:GROW 1 Year Share Price vs Fair Value Explore Growens's Fair Values from the Community and select yours Growens...
New Risk • Aug 06New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€8.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€8.9m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€1.2m net loss in 3 years). Market cap is less than US$100m (€39.8m market cap, or US$46.2m).
New Risk • Jul 15New 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 5.5% 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 Less than 1 year of cash runway based on current free cash flow (-€8.9m). Currently unprofitable and not forecast to become profitable over next 3 years (€1.2m net loss in 3 years). Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (€40.0m market cap, or US$46.7m).
Upcoming Dividend • Apr 21Upcoming dividend of €0.38 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 30 April 2025. Trailing yield: 10%. Within top quartile of Italian dividend payers (5.8%). Higher than average of industry peers (1.1%).
New Risk • Mar 20New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €2.4m Forecast net loss in 3 years: €1.2m 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: Major Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€29m). Currently unprofitable and not forecast to become profitable over next 3 years (€1.2m net loss in 3 years). Market cap is less than US$100m (€49.3m market cap, or US$53.5m).
Major Estimate Revision • Mar 20Consensus EPS estimates fall by 56%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €82.1m to €78.8m. Losses expected to increase from €0.09 per share to €0.14. Software industry in Italy expected to see average net income growth of 53% next year. Consensus price target down from €6.85 to €5.75. Share price was steady at €3.89 over the past week.
Price Target Changed • Mar 19Price target decreased by 17% to €5.75Down from €6.95, the current price target is an average from 2 analysts. New target price is 48% above last closing price of €3.89. Stock is down 33% over the past year.
New Risk • Mar 17New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€29m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€29m free cash flow). Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€175k net loss in 2 years). Market cap is less than US$100m (€49.2m market cap, or US$53.7m).
Reported Earnings • Mar 17Full year 2024 earnings releasedFull year 2024 results: Revenue: €74.5m (flat on FY 2023). Net loss: €2.43m (loss narrowed 17% from FY 2023). Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in Italy.
분석 기사 • Mar 12Investors Don't See Light At End Of Growens S.p.A.'s (BIT:GROW) Tunnel And Push Stock Down 27%The Growens S.p.A. ( BIT:GROW ) share price has fared very poorly over the last month, falling by a substantial 27...
New Risk • Feb 25New 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 5.7% 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 Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (€55.2m market cap, or US$57.9m).
분석 기사 • Jan 17Improved Revenues Required Before Growens S.p.A. (BIT:GROW) Shares Find Their FeetWhen you see that almost half of the companies in the Software industry in Italy have price-to-sales ratios (or "P/S...
공시 • Dec 25+ 3 more updatesGrowens S.p.A. to Report Nine Months, 2025 Results on Nov 04, 2025Growens S.p.A. announced that they will report nine months, 2025 results on Nov 04, 2025
New Risk • Dec 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% 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 Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (€72.0m market cap, or US$75.9m).
Major Estimate Revision • Oct 20Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -€0.149 to -€0.169 per share. Revenue forecast of €75.8m unchanged since last update. Software industry in Italy expected to see average net income growth of 68% next year. Consensus price target broadly unchanged at €6.85. Share price rose 5.5% to €6.18 over the past week.
Reported Earnings • Sep 27First half 2024 earnings releasedFirst half 2024 results: Revenue: €36.9m (up 3.6% from 1H 2023). Net loss: €1.69m (loss narrowed 40% from 1H 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Italy.
New Risk • Sep 26New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€24m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€24m). Currently unprofitable and not forecast to become profitable over next 2 years (€383k net loss in 2 years). Market cap is less than US$100m (€72.6m market cap, or US$80.7m).
분석 기사 • Sep 03Growens S.p.A.'s (BIT:GROW) Shareholders Might Be Looking For ExitWith a median price-to-sales (or "P/S") ratio of close to 1.3x in the Software industry in Italy, you could be forgiven...
Upcoming Dividend • Aug 26Upcoming dividend of €0.79 per shareEligible shareholders must have bought the stock before 02 September 2024. Payment date: 04 September 2024. The average dividend yield among industry peers is 1.1%.
분석 기사 • May 04Growens S.p.A. (BIT:GROW) Stock Rockets 25% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, Growens S.p.A. ( BIT:GROW ) shares have been powering on, with a gain of 25% in the last...
New Risk • Apr 09New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €2.9m Forecast net loss in 3 years: €700k 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 3 years (€700k net loss in 3 years). Market cap is less than US$100m (€73.0m market cap, or US$79.3m).
공시 • Dec 22+ 4 more updatesGrowens S.p.A. to Report First Half, 2024 Results on Sep 24, 2024Growens S.p.A. announced that they will report first half, 2024 results on Sep 24, 2024
New Risk • Dec 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €81.3m (US$87.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 40% per year for the foreseeable future. Minor Risks High level of debt (60% net debt to equity). Market cap is less than US$100m (€81.3m market cap, or US$87.9m).
공시 • Oct 25Squeezely Technology B.V. completed the acquisition of Datatrics B.V. from Growens S.p.A. (BIT:GROW) for €1.6 million.Squeezely Technology B.V. singed binding agreement to acquire Datatrics B.V. from Growens S.p.A. (BIT:GROW) for €1.66 million on October 9, 2023. The parties agreed on a total consideration of €1.66 million (the “Price”), based on a locked-box mechanism (i.e. without any adjustments other than potential price reductions for cash outs in favor of the seller), which will be paid in cash by the Purchaser as of the date in which the shareholding will be transferred. Revenues of the transferred assets amount to €2.5 million in FY 2022, with respective EBITDA of -€1.6 million Euro in FY 2022. The transaction tentatively expected by the end of October 2023.The Transaction implies Growens waiving approximately €7 million of intercompany loans versus Datatrics. Herbert Smith Freehills Studio Legale acted as legal counsel to Growens S.p.A. (BIT:GROW) in the transaction. Squeezely Technology B.V. completed the acquisition of Datatrics B.V. from Growens S.p.A. (BIT:GROW) for €1.6 million on October 23, 2023.
공시 • Oct 10Squeezely Technology B.V. singed binding agreement to acquire Datatrics B.V. from Growens S.p.A. (BIT:GROW) for €1.66 million.Squeezely Technology B.V. singed binding agreement to acquire Datatrics B.V. from Growens S.p.A. (BIT:GROW) for €1.66 million on October 9, 2023. The parties agreed on a total consideration of €1.66 million (the “Price”), based on a locked-box mechanism (i.e. without any adjustments other than potential price reductions for cash outs in favor of the seller), which will be paid in cash by the Purchaser as of the date in which the shareholding will be transferred. Revenues of the transferred assets amount to €2.5 million in FY 2022, with respective EBITDA of -€1.6 million Euro in FY 2022. The transaction tentatively expected by the end of October 2023.The Transaction implies Growens waiving approximately €7 million of intercompany loans versus Datatrics. Herbert Smith Freehills Studio Legale acted as legal counsel to Growens S.p.A. (BIT:GROW) in the transaction.
Reported Earnings • Sep 20First half 2023 earnings releasedFirst half 2023 results: Revenue: €35.6m (down 25% from 1H 2022). Net loss: €2.84m (loss widened 205% from 1H 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Italy.
New Risk • Sep 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 60% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 52% per year for the foreseeable future. Minor Risk High level of debt (60% net debt to equity).
공시 • Sep 04Growens S.p.A., Annual General Meeting, Sep 18, 2023Growens S.p.A., Annual General Meeting, Sep 18, 2023, at 10:00 Central European Standard Time. Agenda: To consider and approve authorization to the purchase of treasury shares via a voluntary partial tender offer, and disposal of treasury shares. Related and resulting resolutions.
공시 • Jul 15TeamSystem Holding S.p.A. completed the acquisition of MailUp Unit, Contactlab S.p.A., Acumbamail S.L., MailUp Nordics A/S and Globase International A.p.S. from Growens S.p.A. (BIT:GROW) for €76.7 million.TeamSystem Holding S.p.A. entered into agreement to acquire MailUp Unit, Contactlab S.p.A., Acumbamail S.L., MailUp Nordics A/S and Globase International A.p.S. from Growens S.p.A. (BIT:GROW) for €70 million on February 2, 2023. The a total consideration of €70 million on a cash/debt free basis. Board of Directors approved the signing of a binding agreement. The Board of Directors also resolved to call the General Shareholders’ Meeting, ordinary and extraordinary session, on 9 March 2023 to approve the Transaction and the subsequent amendments to the By-Laws for the change of the corporate purpose. With respect to the latter decision, nonconcurring shareholders will be entitled to the right of withdrawal of all or part of their stake. The Board of Directors established the liquidation price at €4.39 per share. The deal will be executed tentatively after certain conditions precedent occur (or are renounced), namely (i) clearance is obtained according to the so-called “Golden Power” rule under Italian laws and regulations, (ii) approval of the Antitrust authority, (iii) affirmative vote of the Company’s ordinary and extraordinary General Shareholders’ Meeting (non-renounceable), as the Transaction implies a "fundamental change of business” under article 15 of Euronext Growth Milan Rules For Companies (see below for further information), as well as (iv) the effective contribution of the MailUp business unit (including the stake in MailUp Nordics) into Contactlab S.p.A.. the Board of Directors, having acknowledged the opinion of the Board of Statutory Auditors and BDO Italia S.p.A. (independent audit firm), as well as the valuation opinion released by CFO SIM in their capacity of independent expert, established the liquidation price at 4.39 Euro per share. The sale of the Email Service Provider business implies the transfer of a headcount of 260 people in Italy, Spain and Denmark, including Messrs Luca Azzali, Alberto Miscia and Massimo Fubini, who will take on roles within the transferred activities, while remaining shareholders of Growens S.p.A.. Closing of the Transaction will indicatively take place by the end of June 2023. Figurative revenues of the transferred assets amount to €19 million as of 30 September 2022. As of July 13, 2023, Part of the price, amounting to €4.6 million (the “Escrow Amount”) was deposited into an escrow account, in order to guarantee indemnification obligations provided by the Issuer within the Deal agreement. The Escrow Amount will be periodically released with a usual décalage method for similar deals. The Issuer was assisted by Intermonte S.p.A. as financial advisor and CFO SIM as independent expert. Jpmorgan Asset Management Europe Sarl (Italy Branch) acted as financial advisor to TeamSystem Holding S.p.A. Herbert Smith Freehills LLP acted as legal advisor to Growens S.p.A. JPMorgan Chase & Co. (NYSE:JPM) acted as financial advisor to Growens S.p.A. Freshfields Bruckhaus Deringer LLP acted as legal advisor to TeamSystem Holding S.p.A. Ernst & Young Global Limited acted as financial and tax due diligence provider to TeamSystem Holding S.p.A. TeamSystem Holding S.p.A. completed the acquisition of MailUp Unit, Contactlab S.p.A., Acumbamail S.L., MailUp Nordics A/S and Globase International A.p.S. from Growens S.p.A. (BIT:GROW) for €76.7 million on July 13, 2023.
Reported Earnings • Mar 27Full year 2022 earnings releasedFull year 2022 results: Revenue: €103.4m (up 45% from FY 2021). Net loss: €2.52m (down €2.90m from profit in FY 2021). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Italy.
Price Target Changed • Feb 08Price target increased by 11% to €6.05Up from €5.43, the current price target is an average from 2 analysts. New target price is 9.2% above last closing price of €5.54. Stock is up 10% over the past year. The company is forecast to post a net loss per share of €0.02 compared to earnings per share of €0.026 last year.
공시 • Feb 04TeamSystem Holding S.p.A. entered into agreement to acquire MailUp Unit, Contactlab S.p.A., Acumbamail S.L., MailUp Nordics A/S and Globase International A.p.S. from Growens S.p.A. (BIT:GROW) for €70 million.TeamSystem Holding S.p.A. entered into agreement to acquire MailUp Unit, Contactlab S.p.A., Acumbamail S.L., MailUp Nordics A/S and Globase International A.p.S. from Growens S.p.A. (BIT:GROW) for €70 million on February 2, 2023. The a total consideration of €70 million on a cash/debt free basis. Board of Directors approved the signing of a binding agreement. The Board of Directors also resolved to call the General Shareholders’ Meeting, ordinary and extraordinary session, on 9 March 2023 to approve the Transaction and the subsequent amendments to the By-Laws for the change of the corporate purpose. With respect to the latter decision, nonconcurring shareholders will be entitled to the right of withdrawal of all or part of their stake. The Board of Directors established the liquidation price at €4.39 per share. The deal will be executed tentatively after certain conditions precedent occur (or are renounced), namely (i) clearance is obtained according to the so-called “Golden Power” rule under Italian laws and regulations, (ii) approval of the Antitrust authority, (iii) affirmative vote of the Company’s ordinary and extraordinary General Shareholders’ Meeting (non-renounceable), as the Transaction implies a "fundamental change of business” under article 15 of Euronext Growth Milan Rules For Companies (see below for further information), as well as (iv) the effective contribution of the MailUp business unit (including the stake in MailUp Nordics) into Contactlab S.p.A.. the Board of Directors, having acknowledged the opinion of the Board of Statutory Auditors and BDO Italia S.p.A. (independent audit firm), as well as the valuation opinion released by CFO SIM in their capacity of independent expert, established the liquidation price at 4.39 Euro per share. The sale of the Email Service Provider business implies the transfer of a headcount of 260 people in Italy, Spain and Denmark, including Messrs Luca Azzali, Alberto Miscia and Massimo Fubini, who will take on roles within the transferred activities, while remaining shareholders of Growens S.p.A.. Closing of the Transaction will indicatively take place by the end of June 2023. Figurative revenues of the transferred assets amount to €19 million as of 30 September 2022. The Issuer was assisted by Intermonte S.p.A. as financial advisor and CFO SIM as independent expert.
공시 • Dec 23+ 3 more updatesGrowens S.p.A. to Report Q1, 2023 Results on May 09, 2023Growens S.p.A. announced that they will report Q1, 2023 results on May 09, 2023
Board Change • Nov 16Less 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. 8 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Ignazio Castiglioni was the last independent director to join the board, commencing their role in 2018. 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 • Sep 17First half 2022 earnings released: €0.063 loss per share (vs €0.02 profit in 1H 2021)First half 2022 results: €0.063 loss per share (down from €0.02 profit in 1H 2021). Revenue: €47.2m (up 40% from 1H 2021). Net loss: €930.9k (down 411% from profit in 1H 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Software industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Sep 14Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €92.3m to €96.4m. EPS estimate fell from €0.09 to €0.06 per share. Net income forecast to grow 8.5% next year vs 35% growth forecast for Software industry in Italy. Consensus price target down from €6.37 to €5.80. Share price fell 6.0% to €4.37 over the past week.
Price Target Changed • Sep 13Price target decreased to €5.80Down from €6.52, the current price target is an average from 3 analysts. New target price is 33% above last closing price of €4.37. Stock is down 1.8% over the past year. The company is forecast to post earnings per share of €0.093 for next year compared to €0.026 last year.
분석 기사 • Jul 07Calculating The Intrinsic Value Of Growens S.p.A. (BIT:GROW)How far off is Growens S.p.A. ( BIT:GROW ) from its intrinsic value? Using the most recent financial data, we'll take a...
Board Change • Apr 27Less 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. 8 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Ignazio Castiglioni was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 14Growens S.p.A. (BIT:GROW) completed the acquisition of Contactlab Srl from Programma 101, a fund managed by P101 SGR S.p.A. Massimo Fubini and Elisa Martelli.Growens S.p.A. (BIT:GROW) entered into an agreement to acquire Contactlab Srl from Programma 101, a fund managed by P101 SGR S.p.A. Massimo Fubini and Elisa Martelli for €11.3 million on April 4, 2022. A total consideration (Equity Value) of €5 million to be paid as follows:(i) as per €3.750 million in cash (from the Company liquid funds) versus the purchase of n. 827,617 class A and B Contactlab shares (respectively owned by all the Selling Shareholders amounting to ca. 67.4% of its share capital), to be paid on the date of closing;(ii) as per €1.250 million, versus the purchase of the remaining 400,955 class A and B Contactlab shares respectively owned by all the Selling Shareholders amounting to 32.6% of its share capital, in kind, via the attribution of 188,822 treasury shares of the Issuer, on the date of closing (the “Purchase Price Shares”). The implied value of the Purchase Price Shares is €6.62 per share, with a 29% premium on the official price of 1 April, 2022. In addition to the above, an earn-out provision will be granted to the Selling Shareholders for a total consideration up to €6.6 million, upon achieving certain strategic and cumulated combined profitability goals for Growens and Contactlab over the time span 2022-2024. The potential earn-out will be paid: (i) to P101, exclusively in cash, (ii) to the remaining Selling Shareholders other than P101, at Growens’ choice in cash or in kind up to 40% in Growens shares (the “Earn-out Shares”), based on the weighted average official price of Growens shares over the last 90 trading days before the earn-out maturity date, plus 10%. FY 2021 preliminary revenues of €10.9 million, and EBITDA €1 million. Following the Transaction, Massimo Fubini (current CEO and founder of Contactlab) will be responsible for the combined MailUp+Contactlab business unit. Transaction will also include certain management agreements, including the appointment of Massimo Fubini as a director within the Group. The closing of the Transaction will indicatively take place by the end of May 2022. Growens S.p.A. (BIT:GROW) completed the acquisition of Contactlab Srl from Programma 101, a fund managed by P101 SGR S.p.A. Massimo Fubini and Elisa Martelli on April 13, 2022.
Major Estimate Revision • Apr 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €80.0m to €92.3m. EPS estimate fell from €0.09 to €0.08. Net income forecast to grow 266% next year vs 63% growth forecast for Software industry in Italy. Consensus price target up from €6.22 to €6.45. Share price rose 3.2% to €5.20 over the past week.
공시 • Apr 06Growens S.p.A. (BIT:GROW) entered into an agreement to acquire Contactlab Srl from Programma 101, a fund managed by P101 SGR S.p.A. Massimo Fubini and Elisa Martelli for €11.3 million.Growens S.p.A. (BIT:GROW) entered into an agreement to acquire Contactlab Srl from Programma 101, a fund managed by P101 SGR S.p.A. Massimo Fubini and Elisa Martelli for €11.3 million on April 4, 2022. A total consideration (Equity Value) of € 5 million to be paid as follows:(i) as per €3.750 million in cash (from the Company liquid funds) versus the purchase of n. 827,617 class A and B Contactlab shares (respectively owned by all the Selling Shareholders amounting to ca. 67.4% of its share capital), to be paid on the date of closing;(ii) as per €1.250 million, versus the purchase of the remaining n. 400,955 class A and B Contactlab shares respectively owned by all the Selling Shareholders amounting to ca. 32.6% of its share capital, in kind, via the attribution of n. 188,822 treasury shares of the Issuer, on the date of closing (the “Purchase Price Shares”). The implied value of the Purchase Price Shares is €6.62 per share, with a ca. 29% premium on the official price of 1 April, 2022. In addition to the above, an earn-out provision will be granted to the Selling Shareholders for a total consideration up to €6.6 million, upon achieving certain strategic and cumulated combined profitability goals for Growens and Contactlab over the time span 2022-2024. The potential earn-out will be paid: (i) to P101, exclusively in cash, (ii) to the remaining Selling Shareholders other than P101, at Growens’ choice in cash or in kind up to 40% in Growens shares (the “Earn-out Shares”), based on the weighted average official price of Growens shares over the last 90 trading days before the earn-out maturity date, plus 10%. FY 2021 preliminary revenues of €10.9 million, and EBITDA ca. €1 million. Following the Transaction, Massimo Fubini (current CEO and founder of Contactlab) will be responsible for the combined MailUp+Contactlab business unit. Transaction will also include certain management agreements, including the appointment of Massimo Fubini as a director within the Group. The closing of the Transaction will indicatively take place by the end of May 2022.
Major Estimate Revision • Mar 30Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €78.0m to €80.0m. EPS estimate fell from €0.14 to €0.09 per share. Net income forecast to grow 293% next year vs 49% growth forecast for Software industry in Italy. Consensus price target broadly unchanged at €6.35. Share price rose 5.7% to €5.16 over the past week.
Reported Earnings • Mar 28Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €71.2m (up 9.2% from FY 2020). Net income: €368.6k (down 35% from FY 2020). Profit margin: 0.5% (down from 0.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 10%, compared to a 31% growth forecast for the industry in Italy.
분석 기사 • Nov 17Is There An Opportunity With Growens S.p.A.'s (BIT:GROW) 26% Undervaluation?How far off is Growens S.p.A. ( BIT:GROW ) from its intrinsic value? Using the most recent financial data, we'll take a...
Reported Earnings • Sep 18First half 2021 earnings releasedThe company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €33.7m (up 6.3% from 1H 2020). Net income: €299.0k (down 26% from 1H 2020). Profit margin: 0.9% (down from 1.3% in 1H 2020). The decrease in margin was driven by higher expenses.
분석 기사 • Apr 15These 4 Measures Indicate That MailUp (BIT:MAIL) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
분석 기사 • Mar 28MailUp S.p.A. (BIT:MAIL) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?Last week, you might have seen that MailUp S.p.A. ( BIT:MAIL ) released its yearly result to the market. The early...
Reported Earnings • Mar 27Full year 2020 earnings releasedThe company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: €65.2m (up 7.3% from FY 2019). Net income: €564.9k (down 51% from FY 2019). Profit margin: 0.9% (down from 1.9% in FY 2019). The decrease in margin was driven by higher expenses.
Is New 90 Day High Low • Mar 14New 90-day low: €4.31The company is down 7.0% from its price of €4.65 on 14 December 2020. The Italian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.43 per share.
분석 기사 • Mar 09A Look At The Intrinsic Value Of MailUp S.p.A. (BIT:MAIL)Today we will run through one way of estimating the intrinsic value of MailUp S.p.A. ( BIT:MAIL ) by projecting its...
분석 기사 • Feb 09Are MailUp's (BIT:MAIL) Statutory Earnings A Good Reflection Of Its Earnings Potential?As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...
분석 기사 • Jan 22Are Insiders Selling MailUp S.p.A. (BIT:MAIL) Stock?It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
공시 • Jan 14MailUp S.p.A., Annual General Meeting, Apr 22, 2021MailUp S.p.A., Annual General Meeting, Apr 22, 2021.
분석 기사 • Jan 04MailUp S.p.A. (BIT:MAIL) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?With its stock down 12% over the past three months, it is easy to disregard MailUp (BIT:MAIL). But if you pay close...
분석 기사 • Dec 16MailUp (BIT:MAIL) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
분석 기사 • Dec 01The MailUp (BIT:MAIL) Share Price Has Gained 96% And Shareholders Are Hoping For MoreIt hasn't been the best quarter for MailUp S.p.A. (BIT:MAIL) shareholders, since the share price has fallen 18% in...
Is New 90 Day High Low • Oct 21New 90-day low: €4.78The company is down 8.0% from its price of €5.18 on 23 July 2020. The Italian market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.59 per share.
Is New 90 Day High Low • Sep 25New 90-day low: €4.82The company is down 11% from its price of €5.40 on 26 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 Software industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.70 per share.
Price Target Changed • Sep 23Price target raised to €5.98Up from €5.05, the current price target is an average from 2 analysts. The new target price is 18% above the current share price of €5.06. As of last close, the stock is up 26% over the past year.
Reported Earnings • Sep 18First half earnings releasedOver the last 12 months the company has reported total profits of €1.14m, down 3.6% from the prior year. Total revenue was €63.2m over the last 12 months, up 23% from the prior year.