New Risk • May 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.52m (US$9.98m) 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 Risk Market cap is less than US$10m (€8.52m market cap, or US$9.98m). Minor Risk Revenue is less than US$5m (€3.9m revenue, or US$4.6m). New Risk • Mar 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.3% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (€3.3m revenue, or US$3.8m). Market cap is less than US$100m (€9.06m market cap, or US$10.6m). Reported Earnings • Aug 25
First half 2025 earnings released: €0.007 loss per share (vs €0.024 loss in 1H 2024) First half 2025 results: €0.007 loss per share (improved from €0.024 loss in 1H 2024). Revenue: €1.74m (up 29% from 1H 2024). Net loss: €163.0k (loss narrowed 71% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Reported Earnings • May 05
Full year 2024 earnings released: €0.03 loss per share (vs €0.058 loss in FY 2023) Full year 2024 results: €0.03 loss per share (improved from €0.058 loss in FY 2023). Revenue: €2.89m (up 7.2% from FY 2023). Net loss: €803.0k (loss narrowed 41% from FY 2023). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. New Risk • Apr 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 46% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (€2.6m revenue, or US$2.9m). Market cap is less than US$100m (€8.99m market cap, or US$10.2m). New Risk • Jan 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.70m (US$9.99m) 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 Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (€9.70m market cap, or US$9.99m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Revenue is less than US$5m (€2.6m revenue, or US$2.7m). New Risk • Nov 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Dutch stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 46% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Revenue is less than US$5m (€2.6m revenue, or US$2.7m). Market cap is less than US$100m (€10.7m market cap, or US$11.3m). Reported Earnings • Sep 29
First half 2024 earnings released: €0.022 loss per share (vs €0.038 loss in 1H 2023) First half 2024 results: €0.022 loss per share (improved from €0.038 loss in 1H 2023). Revenue: €1.35m (down 6.8% from 1H 2023). Net loss: €514.0k (loss narrowed 42% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings. 공시 • May 08
Ease2pay N.V., Annual General Meeting, Jun 21, 2024 Ease2pay N.V., Annual General Meeting, Jun 21, 2024. Reported Earnings • May 02
Full year 2023 earnings released: €0.06 loss per share (vs €1.17 loss in FY 2022) Full year 2023 results: €0.06 loss per share (improved from €1.17 loss in FY 2022). Revenue: €2.69m (down 20% from FY 2022). Net loss: €1.37m (loss narrowed 95% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance. New Risk • Nov 01
New major risk - Revenue and earnings growth Earnings have declined by 77% 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 Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 77% per year over the past 5 years. Minor Risks Revenue is less than US$5m (€3.4m revenue, or US$3.6m). Market cap is less than US$100m (€13.9m market cap, or US$14.6m). Reported Earnings • Oct 05
First half 2022 earnings released: €0.057 loss per share (vs €0.036 loss in 1H 2021) First half 2022 results: €0.057 loss per share (further deteriorated from €0.036 loss in 1H 2021). Net loss: €1.27m (loss widened 239% from 1H 2021). New Risk • Oct 01
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 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 June 2022 fiscal period end). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Revenue is less than US$5m (€1.9m revenue, or US$2.0m). Market cap is less than US$100m (€14.6m market cap, or US$15.4m). Reported Earnings • Oct 02
First half 2022 earnings released: €0.06 loss per share (vs €0.036 loss in 1H 2021) First half 2022 results: €0.06 loss per share (further deteriorated from €0.036 loss in 1H 2021). Net loss: €1.27m (loss widened 239% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 29
Full year 2021 earnings released: €0.08 loss per share (vs €0.08 loss in FY 2020) Full year 2021 results: €0.08 loss per share (vs €0.08 loss in FY 2020). Revenue: €354.0k (up 80% from FY 2020). Net loss: €808.0k (loss widened 9.2% from FY 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 11
First half 2021 earnings released: €0.036 loss per share (vs €0.044 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: €113.0k (up 35% from 1H 2020). Net loss: €374.0k (loss narrowed 8.8% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 06
Full year 2020 earnings released: €0.08 loss per share (vs €0.11 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: €197.0k (up 11% from FY 2019). Net loss: €740.0k (loss narrowed 20% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jan 13
Insider recently bought €1.0m worth of stock On the 8th of January, G.J. Van Lookeren Campagne bought around 1m shares on-market at roughly €1.00 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Jan 06
New 90-day high: €1.81 The company is up 106% from its price of €0.88 on 08 October 2020. The Dutch market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 13% over the same period. Is New 90 Day High Low • Nov 17
New 90-day high: €1.08 The company is up 25% from its price of €0.87 on 19 August 2020. The Dutch market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 13% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: €0.80 The company is down 9.0% from its price of €0.88 on 29 July 2020. The Dutch market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 12% over the same period.