New Risk • Jul 14
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€24.1m market cap, or US$27.5m). Aankondiging • Jun 16
LS telcom AG to Report First Half, 2026 Results on Jun 18, 2026 LS telcom AG announced that they will report first half, 2026 results on Jun 18, 2026 Aankondiging • Feb 02
LS telcom AG, Annual General Meeting, Mar 12, 2026 LS telcom AG, Annual General Meeting, Mar 12, 2026, at 10:00 W. Europe Standard Time. New Risk • Dec 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€21.9m market cap, or US$25.8m). Aankondiging • Dec 20
LS telcom AG to Report Fiscal Year 2025 Final Results on Dec 19, 2025 LS telcom AG announced that they will report fiscal year 2025 final results on Dec 19, 2025 Reported Earnings • Jun 20
First half 2025 earnings released: €0.19 loss per share (vs €0.34 loss in 1H 2024) First half 2025 results: €0.19 loss per share (improved from €0.34 loss in 1H 2024). Revenue: €19.7m (flat on 1H 2024). Net loss: €1.08m (loss narrowed 46% from 1H 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. New Risk • Jun 17
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€2.8m 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: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€2.8m). Market cap is less than US$100m (€28.5m market cap, or US$32.7m). Price Target Changed • Mar 25
Price target increased by 9.7% to €6.80 Up from €6.20, the current price target is provided by 1 analyst. New target price is 27% above last closing price of €5.35. Stock is up 19% over the past year. The company is forecast to post earnings per share of €0.06 next year compared to a net loss per share of €0.62 last year. New Risk • Mar 16
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 German stocks, typically moving 14% 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 Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Market cap is less than US$100m (€36.2m market cap, or US$39.4m). Aankondiging • Feb 12
LS telcom AG, Annual General Meeting, Mar 20, 2025 LS telcom AG, Annual General Meeting, Mar 20, 2025, at 10:00 W. Europe Standard Time. Price Target Changed • Jan 02
Price target decreased by 9.2% to €5.90 Down from €6.50, the current price target is provided by 1 analyst. New target price is 94% above last closing price of €3.04. Stock is down 8.4% over the past year. The company is forecast to post earnings per share of €0.04 next year compared to a net loss per share of €0.62 last year. Reported Earnings • Dec 27
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: €0.62 loss per share (further deteriorated from €0.037 loss in FY 2023). Revenue: €42.3m (down 11% from FY 2023). Net loss: €3.60m (loss widened €3.39m from FY 2023). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Aankondiging • Dec 20
LS telcom AG to Report Fiscal Year 2024 Results on Dec 23, 2024 LS telcom AG announced that they will report fiscal year 2024 results on Dec 23, 2024 Major Estimate Revision • Sep 20
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €43.0m to €37.9m. Forecast loss of -€0.41, down from profit of €0.01 per share profit previously. Software industry in Germany expected to see average net income growth of 23% next year. Consensus price target down from €6.50 to €6.20. Share price fell 8.0% to €3.00 over the past week. Aankondiging • Jun 20
LS telcom AG to Report Q2, 2024 Results on Jun 21, 2024 LS telcom AG announced that they will report Q2, 2024 results on Jun 21, 2024 New Risk • Jun 06
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 German stocks, typically moving 7.0% 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 (7.0% average weekly change). Market cap is less than US$100m (€19.8m market cap, or US$21.5m). Buy Or Sell Opportunity • May 06
Now 20% undervalued Over the last 90 days, the stock has risen 18% to €3.84. The fair value is estimated to be €4.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Dec 29
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be €4.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Dec 19
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: €0.037 loss per share (down from €0.34 profit in FY 2022). Revenue: €48.7m (down 6.2% from FY 2022). Net loss: €213.0k (down 111% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is expected to decline by 5.5% p.a. on average during the next 2 years, while revenues in the Software industry in Germany are expected to grow by 7.9%. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Aankondiging • Dec 13
LS telcom AG to Report Fiscal Year 2023 Results on Dec 18, 2023 LS telcom AG announced that they will report fiscal year 2023 results on Dec 18, 2023 New Risk • Dec 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 19% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (€19.9m market cap, or US$21.4m). Buying Opportunity • Aug 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be €5.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 89%. Revenue is forecast to decline by 16% in 2 years. Earnings is forecast to decline by 19% in the next 2 years. Major Estimate Revision • Aug 11
Consensus revenue estimates fall by 11% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €47.3m to €42.3m. EPS estimate fell from €0.24 to €0.03 per share. Net income forecast to shrink 59% next year vs 15% growth forecast for Software industry in Germany . Consensus price target down from €8.50 to €6.50. Share price fell 10% to €4.54 over the past week. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €4.32, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 24x in the Software industry in Germany. Total loss to shareholders of 4.4% over the past three years. New Risk • Jun 18
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: 2.1% Last year net profit margin: 4.5% 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: Minor Risks Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (€30.4m market cap, or US$33.3m). Reported Earnings • Jun 17
First half 2023 earnings released: €0.061 loss per share (vs €0.09 profit in 1H 2022) First half 2023 results: €0.061 loss per share (down from €0.09 profit in 1H 2022). Revenue: €24.3m (up 5.1% from 1H 2022). Net loss: €352.0k (down 167% from profit in 1H 2022). Revenue is expected to decline by 1.0% p.a. on average during the next 3 years, while revenues in the Software industry in Germany are expected to grow by 6.9%. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jun 09
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 3.4%. The fair value is estimated to be €6.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.1% per annum. Earnings is forecast to grow by 4.1% per annum over the same time period. Aankondiging • May 26
LS telcom AG to Report Q2, 2023 Results on Jun 14, 2023 LS telcom AG announced that they will report Q2, 2023 results on Jun 14, 2023 Buying Opportunity • Mar 16
Now 20% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be €7.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.1% per annum. Earnings is forecast to grow by 4.1% per annum over the same time period. Buying Opportunity • Jan 30
Now 21% undervalued Over the last 90 days, the stock is up 10.0%. The fair value is estimated to be €6.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.1% per annum. Earnings is forecast to grow by 4.1% per annum over the same time period. Reported Earnings • Dec 22
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: €0.34 (up from €0.019 loss in FY 2021). Revenue: €54.9m (up 53% from FY 2021). Net income: €1.98m (up €2.10m from FY 2021). Profit margin: 3.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Software industry in Germany are expected to grow by 8.0%. 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 6% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target increased to €10.50 Up from €9.80, the current price target is provided by 1 analyst. New target price is 122% above last closing price of €4.72. Stock is down 27% over the past year. The company is forecast to post earnings per share of €0.27 next year compared to a net loss per share of €0.019 last year. Reported Earnings • Jul 01
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up €1.62m from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is expected to shrink by 4.0% compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Aankondiging • May 19
LS telcom Ordinary Shares to Be Deleted from Other OTC LS telcom AG Lichtenau Ordinary Shares (DE) will be deleted from Other OTC effective from May 19, 2022, due to Inactive Security. Price Target Changed • Apr 27
Price target increased to €10.50 Up from €9.80, the current price target is provided by 1 analyst. New target price is 92% above last closing price of €5.48. Stock is down 26% over the past year. The company is forecast to post earnings per share of €0.27 next year compared to a net loss per share of €0.019 last year. Reported Earnings • Dec 27
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: €0.019 loss per share (up from €0.38 loss in FY 2020). Revenue: €37.4m (up 27% from FY 2020). Net loss: €113.0k (loss narrowed 95% from FY 2020). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates by 100%. Earnings per share (EPS) surpassed analyst estimates by 100%. Over the next year, revenue is forecast to grow 12%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Price Target Changed • Dec 03
Price target increased to €10.50 Up from €9.80, the current price target is provided by 1 analyst. New target price is 78% above last closing price of €5.90. Stock is up 23% over the past year. The company is forecast to post a net loss per share of €0.01 next year compared to a net loss per share of €0.38 last year. Reported Earnings • Jun 01
First half 2021 earnings released: €0.28 loss per share (vs €0.19 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: €14.1m (down 5.7% from 1H 2020). Net loss: €1.62m (loss widened 48% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 12
New 90-day high: €6.85 The company is up 47% from its price of €4.66 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 9.0% over the same period. Reported Earnings • Dec 28
Full year 2020 earnings released: €0.38 loss per share The company reported a poor full year result with weaker earnings, revenues and control over expenses. Full year 2020 results: Revenue: €29.4m (down 15% from FY 2019). Net loss: €2.19m (down 214% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Dec 26
Full year 2020 earnings released: €0.38 loss per share The company reported a poor full year result with weaker earnings, revenues and control over expenses. Full year 2020 results: Revenue: €30.5m (down 12% from FY 2019). Net loss: €2.19m (down 214% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 23
New 90-day high: €6.30 The company is up 51% from its price of €4.18 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 18% over the same period. Aankondiging • Dec 23
LS telcom AG to Report Fiscal Year 2020 Results on Dec 23, 2020 LS telcom AG announced that they will report fiscal year 2020 results on Dec 23, 2020 Is New 90 Day High Low • Sep 30
New 90-day high: €4.86 The company is up 49% from its price of €3.26 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 7.0% over the same period. Aankondiging • Jul 17
LS telcom AG to Report Q2, 2020 Results on Jun 25, 2020 LS telcom AG announced that they will report Q2, 2020 results on Jun 25, 2020