New Risk • Mar 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €7.00m (US$7.63m) This is considered a major 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 Risks Latest financial reports are more than 1 year old (reported September 2022 fiscal period end). Interest payments are not well covered by earnings (0.9x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$10m (€7.00m market cap, or US$7.63m). Minor Risk Large one-off items impacting financial results. New Risk • Nov 12
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2022. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2022 fiscal period end). Interest payments are not well covered by earnings (0.9x net interest cover). Earnings are forecast to decline by an average of 48% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€13.9m market cap, or US$14.9m). Board Change • Sep 21
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 2 experienced directors. 1 highly experienced director. 1 independent director (2 non-independent directors). Executive Chairman & CEO Stefano Neri is the most experienced director on the board, commencing their role in 2006. Independent Director Stefania Bertolini was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. New Risk • Jun 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 6.6% 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 Interest payments are not well covered by earnings (0.9x net interest cover). Share price has been highly volatile over the past 3 months (6.6% average weekly change). Earnings are forecast to decline by an average of 48% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (€24.7m market cap, or US$27.0m). 공시 • Jan 11
algoWatt S.p.A. to Report First Half, 2023 Results between Aug 01, 2023 and Aug 04, 2023 algoWatt S.p.A. announced that they will report first half, 2023 results between Aug 01, 2023 and Aug 04, 2023 Price Target Changed • Nov 16
Price target increased to €1.50 Up from €1.40, the current price target is provided by 1 analyst. New target price is 146% above last closing price of €0.61. Stock is up 69% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.18 last year. Reported Earnings • Aug 10
First half 2022 earnings released First half 2022 results: Net income: (up €3.39m from 1H 2021). Buying Opportunity • May 05
Now 23% undervalued Over the last 90 days, the stock is up 192%. The fair value is estimated to be €1.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings is forecast to decline by 74% per annum over the same time period. Valuation Update With 7 Day Price Move • May 02
Investor sentiment improved over the past week After last week's 36% share price gain to €1.04, the stock trades at a forward P/E ratio of 104x. Average forward P/E is 21x in the Electronic industry in Italy. Total returns to shareholders of 177% over the past three years. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Lead Independent Director Mario Molteni was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 21
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: €23.0m (up 39% from FY 2020). Net income: €8.48m (up €14.1m from FY 2020). Profit margin: 37% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Board Change • Sep 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Lead Independent Director Mario Molteni was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Feb 06
New 90-day high: €0.41 The company is up 24% from its price of €0.33 on 06 November 2020. The Italian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 17% over the same period. Is New 90 Day High Low • Oct 09
New 90-day low: €0.35 The company is down 14% from its price of €0.41 on 10 July 2020. The Italian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 21% over the same period. Is New 90 Day High Low • Sep 19
New 90-day low: €0.36 The company is down 6.0% from its price of €0.39 on 19 June 2020. The Italian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 17% over the same period.