Aankondiging • Jul 13
Tessellis S.p.A. (BIT:TSL) agreed to acquire Bike Channel S.r.l. from BFC Media S.p.A. (BIT:BFC). Tessellis S.p.A. (BIT:TSL) agreed to acquire Bike Channel S.r.l. from BFC Media S.p.A. (BIT:BFC) on July 11, 2023. Board Change • Jun 28
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. 1 highly experienced director. Founder, President & Chairman Renato Soru is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • May 22
First half 2022 earnings released: €0.26 loss per share (vs €0.23 loss in 1H 2021) First half 2022 results: €0.26 loss per share (further deteriorated from €0.23 loss in 1H 2021). Revenue: €64.0m (down 12% from 1H 2021). Net loss: €16.6m (loss widened 33% from 1H 2021). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Board Change • May 22
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. 1 highly experienced director. Founder, President & Chairman Renato Soru is the most experienced director on the board, commencing their role in 1997. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Mar 22
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. 1 highly experienced director. 3 independent directors (4 non-independent directors). Founder, President & Chairman Renato Soru is the most experienced director on the board, commencing their role in 1997. Independent Director Maurizia Squinzi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Feb 28
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. 1 highly experienced director. 3 independent directors (4 non-independent directors). Founder, President & Chairman Renato Soru is the most experienced director on the board, commencing their role in 1997. Independent Director Maurizia Squinzi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Feb 04
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. 1 highly experienced director. 3 independent directors (4 non-independent directors). Founder, President & Chairman Renato Soru is the most experienced director on the board, commencing their role in 1997. Independent Director Maurizia Squinzi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Jan 13
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. 1 highly experienced director. 3 independent directors (4 non-independent directors). Founder, President & Chairman Renato Soru is the most experienced director on the board, commencing their role in 1997. Independent Director Maurizia Squinzi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Aankondiging • Jan 11
Tiscali Spa announced that it expects to receive €60 million in funding Tiscali Spa announced a private placement of convertible bonds for gross proceeds of up to €60,000,000 on January 10, 2023. The transaction has been approved by the shareholder's of the company. Board Change • Dec 14
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. 1 highly experienced director. 3 independent directors (4 non-independent directors). Founder, President & Chairman Renato Soru is the most experienced director on the board, commencing their role in 1997. Independent Director Maurizia Squinzi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Aankondiging • Nov 24
Tiscali Spa announced that it has received €120 million in funding Tiscali Spa announced that it has raised €120 Million in a round of funding on November 23, 2022. The company will issue convertible bonds in the transaction. Aankondiging • Oct 06
Tiscali Spa (BIT:TIS) acquired Retail operations of ISP Linkem Group from ISP Linkem Group. Tiscali Spa (BIT:TIS) acquired Retail operations of ISP Linkem Group from ISP Linkem Group on October 4, 2022.Tiscali Spa (BIT:TIS) completed the acquisition of Retail operations of ISP Linkem Group from ISP Linkem Group on October 4, 2022. Board Change • Oct 04
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. 1 highly experienced director. 3 independent directors (4 non-independent directors). Founder, President & Chairman Renato Soru is the most experienced director on the board, commencing their role in 1997. Independent Director Maurizia Squinzi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Sep 14
First half 2022 earnings released: €0.26 loss per share (vs €0.24 loss in 1H 2021) First half 2022 results: €0.26 loss per share (further deteriorated from €0.24 loss in 1H 2021). Revenue: €77.2m (up 5.8% from 1H 2021). Net loss: €16.6m (loss widened 33% from 1H 2021). Revenue is expected to decline by 6.1% p.a. on average during the next 2 years, while revenues in the Telecom industry in Europe are expected to grow by 2.4%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Sep 14
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. 1 highly experienced director. 3 independent directors (4 non-independent directors). Founder, President & Chairman Renato Soru is the most experienced director on the board, commencing their role in 1997. Independent Director Maurizia Squinzi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Aug 19
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Maurizia Squinzi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Aug 05
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Maurizia Squinzi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Jul 01
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Maurizia Squinzi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Patrizia Rutigliano was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 13
First half 2021 earnings released The company reported a solid first half result with reduced losses and improved control over expenses, although revenues were flat. First half 2021 results: Revenue: €72.9m (flat on 1H 2020). Net loss: €12.5m (loss narrowed 24% from 1H 2020). Reported Earnings • Jul 18
Full year 2020 earnings released: €0.005 loss per share (vs €0.004 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: €144.0m (up 1.0% from FY 2019). Net loss: €22.2m (loss widened 35% from FY 2019). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Aankondiging • May 18
Tiscali Spa announced that it expects to receive €21 million in funding from Nice & Green SA Tiscali Spa (BIT:TIS) announced that it has signed an investment agreement with Nice & Green SA for a private placement of convertible bond loan for gross proceeds of €21 million on May 17, 2021. The company will raise funding in seven tranches of €3 million each. The subscription price of each tranche of bonds is equal to 95.5% of the nominal amount of each bond, equal to €100,000. Aankondiging • Jan 13
Netcracker Digital BSS and Cloud-based Support Give Tiscali an Edge with 5G Services Netcracker Technology announced that Italian communications service provider Tiscali has converged its BSS functions, including online rating and charging, across its lines of business in order to better support 5G and other next-generation services and move toward its goal of becoming a full quad-play operator. Tiscali will leverage the next-generation revenue management features in Netcracker Digital BSS, part of the Netcracker 2020 portfolio, while moving from traditional support and maintenance to a software-as-a-service (SaaS) business model. Tiscali, a long-time Netcracker customer, is a Smart Telco with the largest fiber coverage available in Italy and provides high-speed Internet access, voice, mobile and other value-added services to business and residential customers throughout the country. Netcracker’s cloud-based Support & Maintenance service uses an extensive analytics-based toolset and data monitoring and analysis to provide visibility into the critical businesses within the CSP. This helps identify and resolve issues before they escalate and keeps operations within established SLAs and KPIs. 
