New Risk • Apr 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 7.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (RON10.4m market cap, or US$2.39m). Minor Risk Profit margins are more than 30% lower than last year (3.8% net profit margin). Reported Earnings • Apr 19
Full year 2025 earnings released Full year 2025 results: Revenue: RON22.3m (flat on FY 2024). Net income: RON1.57m (flat on FY 2024). Profit margin: 7.0% (in line with FY 2024). 공시 • Apr 18
Armax Gaz SA, Annual General Meeting, May 25, 2026 Armax Gaz SA, Annual General Meeting, May 25, 2026. 공시 • Apr 17
Armax Gaz SA to Report Fiscal Year 2025 Final Results on Apr 17, 2026 Armax Gaz SA announced that they will report fiscal year 2025 final results on Apr 17, 2026 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 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 Risks Shares are highly illiquid. Market cap is less than US$10m (RON10.1m market cap, or US$2.33m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to RON1.78, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 11x in the Energy Services industry in Europe. Total loss to shareholders of 7.3% over the past year. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to RON1.48, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 11x in the Energy Services industry in Europe. Total loss to shareholders of 19% over the past year. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to RON1.46, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 11x in the Energy Services industry in Europe. Total loss to shareholders of 10% over the past year. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to RON1.40, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 10x in the Energy Services industry in Europe. Total loss to shareholders of 14% over the past year. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to RON1.85, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 26x in the Energy Services industry in Romania. Total loss to shareholders of 9.3% over the past year. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to RON1.68, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 24x in the Energy Services industry in Romania. Total loss to shareholders of 19% over the past year. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to RON1.66, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 23x in the Energy Services industry in Romania. Total loss to shareholders of 22% over the past year. New Risk • May 15
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: RON22m (US$4.9m) This is considered a minor risk. Companies with a small amount of revenue 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 Shares are highly illiquid. Market cap is less than US$10m (RON8.91m market cap, or US$1.95m). Minor Risk Revenue is less than US$5m (RON22m revenue, or US$4.9m). New Risk • Apr 16
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 Risks Shares are highly illiquid. Market cap is less than US$10m (RON10.4m market cap, or US$2.35m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Profit margins are more than 30% lower than last year (4.8% net profit margin). Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to RON1.52, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 8x in the Energy Services industry in Romania. Total loss to shareholders of 25% over the past year. 공시 • Mar 18
Armax Gaz SA, Annual General Meeting, Apr 29, 2025 Armax Gaz SA, Annual General Meeting, Apr 29, 2025. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to RON1.85, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 9x in the Energy Services industry in Romania. Total loss to shareholders of 5.6% over the past year. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to RON1.85, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 9x in the Energy Services industry in Romania. Total loss to shareholders of 5.6% over the past year. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to RON1.82, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 8x in the Energy Services industry in Romania. Total returns to shareholders of 2.2% over the past year. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to RON1.51, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 7x in the Energy Services industry in Romania. New Risk • Oct 04
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.9% Last year net profit margin: 8.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (RON10.0m market cap, or US$2.22m). Minor Risk Profit margins are more than 30% lower than last year (4.9% net profit margin). Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to RON1.63, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 9x in the Energy Services industry in Romania. Total loss to shareholders of 4.1% over the past year. Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 41% After last week's 41% share price gain to RON2.00, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 8x in the Energy Services industry in Romania. Total returns to shareholders of 20% over the past year. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to RON1.50, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 8x in the Energy Services industry in Romania. Valuation Update With 7 Day Price Move • May 31
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to RON1.80, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 9x in the Energy Services industry in Romania. Reported Earnings • May 05
Full year 2023 earnings released Full year 2023 results: Revenue: RON32.0m (down 1.4% from FY 2022). Net income: RON1.31m (up 90% from FY 2022). Profit margin: 4.1% (up from 2.1% in FY 2022). The increase in margin was driven by lower expenses.