Reported Earnings • Jul 09
Second quarter 2026 earnings released: EPS: CA$0.20 (vs CA$0.14 in 2Q 2025) Second quarter 2026 results: EPS: CA$0.20 (up from CA$0.14 in 2Q 2025). Revenue: CA$52.7m (up 8.2% from 2Q 2025). Net income: CA$5.04m (up 45% from 2Q 2025). Profit margin: 9.5% (up from 7.1% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jun 30
Firan Technology Group Corporation to Report Q2, 2026 Results on Jul 08, 2026 Firan Technology Group Corporation announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Jul 08, 2026 Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €12.70, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 24x in the Electronic industry in Germany. Total returns to shareholders of 493% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.63 per share. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to €15.00, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 23x in the Electronic industry in Germany. Total returns to shareholders of 608% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.70 per share. Buy Or Sell Opportunity • May 26
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to €15.00. The fair value is estimated to be €11.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 11% in a year. Earnings are forecast to grow by 34% in the next year. Reported Earnings • Apr 09
First quarter 2026 earnings released: EPS: CA$0.14 (vs CA$0.13 in 1Q 2025) First quarter 2026 results: EPS: CA$0.14 (up from CA$0.13 in 1Q 2025). Revenue: CA$47.3m (up 10% from 1Q 2025). Net income: CA$3.48m (up 10.0% from 1Q 2025). Profit margin: 7.4% (in line with 1Q 2025). Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €12.80, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 23x in the Electronic industry in Germany. Total returns to shareholders of 550% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.66 per share. Aankondiging • Mar 27
Firan Technology Group Corporation to Report Q1, 2026 Results on Apr 08, 2026 Firan Technology Group Corporation announced that they will report Q1, 2026 results After-Market on Apr 08, 2026 Buy Or Sell Opportunity • Mar 03
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 94% to €13.10. The fair value is estimated to be €10.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 64% in the next 2 years. Recent Insider Transactions • Feb 27
Insider recently sold €63k worth of stock On the 25th of February, Peter Dimopoulos sold around 5k shares on-market at roughly €12.65 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €123k more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to €13.10, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 24x in the Electronic industry in Germany. Total returns to shareholders of 542% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.52 per share. Reported Earnings • Feb 19
Full year 2025 earnings released: EPS: CA$0.52 (vs CA$0.45 in FY 2024) Full year 2025 results: EPS: CA$0.52 (up from CA$0.45 in FY 2024). Revenue: CA$191.0m (up 18% from FY 2024). Net income: CA$13.1m (up 21% from FY 2024). Profit margin: 6.8% (up from 6.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Feb 12
Now 20% undervalued Over the last 90 days, the stock has risen 35% to €9.55. The fair value is estimated to be €11.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 44% in the next 2 years. Aankondiging • Feb 06
Firan Technology Group Corporation to Report Q4, 2025 Results on Feb 18, 2026 Firan Technology Group Corporation announced that they will report Q4, 2025 results After-Market on Feb 18, 2026 Aankondiging • Feb 02
Firan Technology Group Corporation, Annual General Meeting, Apr 09, 2026 Firan Technology Group Corporation, Annual General Meeting, Apr 09, 2026. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €8.15, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 24x in the Electronic industry in Germany. Total returns to shareholders of 397% over the past three years. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €6.15, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 26x in the Electronic industry in Germany. Total returns to shareholders of 373% over the past three years. Reported Earnings • Oct 09
Third quarter 2025 earnings released: EPS: CA$0.11 (vs CA$0.12 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.11. Revenue: CA$47.7m (up 11% from 3Q 2024). Net income: CA$2.77m (flat on 3Q 2024). Profit margin: 5.8% (down from 6.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Electronic industry in Germany. Aankondiging • Sep 25
Firan Technology Group Corporation to Report Q3, 2025 Results on Oct 08, 2025 Firan Technology Group Corporation announced that they will report Q3, 2025 results After-Market on Oct 08, 2025 Aankondiging • Jul 21
Firan Technology Group Achieves Another Major Milestone with EASA Certification for Edge+ on Airbus A319/320/321 Family of Aircraft Firan Technology Group Corporation announced that a Supplemental Type Certificate (STC) has been awarded by the European Aviation Safety Agency (EASA) for the AFIRS Edge+™ product on the Airbus A319/320/321 family of aircraft. This milestone certification clears the path for global deployment of FLYHT’s 5G Wireless Quick Access Recorder (WQAR) on one of the world’s most widely used commercial airframes. The AFIRS Edge+ is a direct, plug-and-play replacement for legacy WQAR systems that are reaching end-of-life as older cellular networks sunset. As the industry’s first 5G-enabled WQAR, the AFIRS Edge+ delivers the bandwidth and reliability required to meet next-generation data demands—from advanced predictive analytics to reducing ACARS costs. With this EASA approval in hand, FTG will expand regulatory compliance to additional jurisdictions in the coming months, enabling broader market access for Edge+ across Airbus A319/320/321 operators worldwide. Aankondiging • Jul 03
Firan Technology Group Corporation to Report Q2, 2025 Results on Jul 08, 2025 Firan Technology Group Corporation announced that they will report Q2, 2025 results After-Market on Jul 08, 2025 Aankondiging • Apr 03
Firan Technology Group Corporation to Report Q1, 2025 Results on Apr 09, 2025 Firan Technology Group Corporation announced that they will report Q1, 2025 results After-Market on Apr 09, 2025 Aankondiging • Feb 13
Firan Technology Group Corporation to Report Q4, 2024 Results on Feb 19, 2025 Firan Technology Group Corporation announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Feb 19, 2025 Aankondiging • Feb 05
Firan Technology Group Corporation, Annual General Meeting, Apr 10, 2025 Firan Technology Group Corporation, Annual General Meeting, Apr 10, 2025. Aankondiging • Jan 08
Firan Technology Group Corporation Announces Civil Aviation Administration of China"Caac") Has Approved FTG Aerospace Tianjin as an Approved Maintenance Organization (Amo) Firan Technology Group Corporation has received approval from Civil Aviation Administration of China to be an Approved Maintenance Organization (AMO). Under this approval, FTG Aerospace Tianjin is approved for the maintenance of aeronautical products, specifically for instruments or display devices. With this approval, FTG can now maintain or repair its display products and provide airworthiness tags for repaired products. Aankondiging • Dec 21
Firan Technology Group Corporation (TSX:FTG) completed the acquisition of FLYHT Aerospace Solutions Ltd. (TSXV:FLY) from group of shareholders. Firan Technology Group Corporation (TSX:FTG) entered into a definitive arrangement agreement to acquire FLYHT Aerospace Solutions Ltd. (TSXV:FLY) from group of shareholders for CAD 13.3 million on October 21, 2024. Under the terms of the Transaction, FLYHT shareholders may elect to receive in exchange for each FLYHT Share, (i) CAD 0.1103 in cash and 0.0333 of a common share of FTG (each whole such share, an “FTG Share”), (ii) CAD 0.3379 in cash or (iii) 0.0495 FTG Shares, subject to pro-ration (collectively, the “Consideration”). The Consideration will be subject to a total maximum cash consideration of CAD 4.3 million and a total maximum share consideration of 1.3 million FTG Shares. The Consideration implies a price of CAD 0.3379 per FLYHT Share. Upon the completion of the Transaction, FLYHT will become a wholly owned subsidiary of FTG. FLYHT will have to pay a termination fee of CAD 1.2 million in case it terminates the transaction.
The Transaction is structured as an arrangement under the CanadaBusiness Corporations Act and will require the approval of 66 2/3% of the votes cast by FLYHT shareholders at a special meeting to be held to approve the Transaction (the “Special Meeting”). The Transaction is subject to receipt of FLYHT shareholder and court approvals, any required regulatory approvals and consents, approval in respect of the listing of consideration shares on TSX, shareholders shall not have exercised Dissent Rights not more than 5% of the outstanding shares and customary closing conditions. The transaction has been unanimously approved by the Board of Directors of FLYHT based on the recommendation of the special committee and has been unanimously approved by the Board of Directors of Firan. Completion of the Transaction is not subject to any financing condition. The transaction is expected to close in the fourth quarter of 2024.
The Agreement includes customary provisions relating to deal-protection provisions, including a non-solicitation covenant on the part of FLYHT and a right for FTG to match any Superior Proposal (as defined in the Agreement). FLYHT has also agreed to pay a fee to FTG upon the termination of the Agreement in certain circumstances. Officers, directors and certain significant shareholders of FLYHT, holding in the aggregate FLYHT Shares representing in aggregate approximately 24% of the issued and outstanding FLYHT Shares, have entered into voting support agreements with FTG and have agreed to vote in favour of the Transaction at the Special Meeting. As on December 16, 2024, the transaction has been approved by the FLYHT shareholders and is expected to be completed on or about December 20, 2024.
Eric Moncik and Liam Churchill of Blake, Cassels & Graydon LLP acted as legal advisor to Firan. Chris Croteau of Tingle Merrett LLP acted as legal advisor to FLYHT. KSV Advisory Inc. acted as financial advisor and fairness opinion provider to the board of FLYHT. B. Riley Securities, Inc. acted as financial advisor to FLYHT.
Firan Technology Group Corporation (TSX:FTG) completed the acquisition of FLYHT Aerospace Solutions Ltd. (TSXV:FLY) from group of shareholders on December 20, 2024. As a result of the elections made by FLYHT shareholders, all holders of Common Shares who made an election will receive the following pro-ration: FLYHT shareholders who elected to receive the All-Cash Consideration will receive approximately CAD 0.3379 in cash and nil FTG Shares per Common Share; FLYHT shareholders who elected to receive the All-Share Consideration will receive approximately CAD 0.0588 in cash and 0.0409 FTG Shares per Common Share. The Common Shares of FLYHT are expected to be delisted from the TSX Venture Exchange on or about the close of trading on December 30, 2024. Aankondiging • Oct 22
Firan Technology Group Corporation (TSX:FTG) entered into a definitive arrangement agreement to acquire FLYHT Aerospace Solutions Ltd. (TSXV:FLY) for CAD 26.5 million. Firan Technology Group Corporation (TSX:FTG) entered into a definitive arrangement agreement to acquire FLYHT Aerospace Solutions Ltd. (TSXV:FLY) for CAD 26.5 million on October 21, 2024. Under the terms of the Transaction, FLYHT shareholders may elect to receive in exchange for each FLYHT Share, (i) CAD 0.1103 in cash and 0.0333 of a common share of FTG (each whole such share, an “FTG Share”), (ii) CAD 0.3379 in cash or (iii) 0.0495 FTG Shares, subject to pro-ration (collectively, the “Consideration”). The Consideration will be subject to a total maximum cash consideration of CAD 4.3 million and a total maximum share consideration of 1.3 million FTG Shares. The Consideration implies a price of CAD 0.3379 per FLYHT Share, representing a 41% premium to the closing price of the FLYHT Shares on the TSX Venture Exchange on October 21, 2024 and a 46% premium to the 10-day volume-weighted average price per Common Share for the period ended on October 21, 2024. Upon the completion of the Transaction, FLYHT will become a wholly owned subsidiary of FTG.
The Transaction is structured as an arrangement under the CanadaBusiness Corporations Act and will require the approval of 66 2/3% of the votes cast by FLYHT shareholders at a special meeting to be held to approve the Transaction (the “Special Meeting”). The Transaction is subject to receipt of FLYHT shareholder and court approvals, any required regulatory approvals and consents, and customary closing conditions and is expected to close by December 31, 2024. Completion of the Transaction is not subject to any financing condition. The Agreement includes customary provisions relating to deal-protection provisions, including a non-solicitation covenant on the part of FLYHT and a right for FTG to match any Superior Proposal (as defined in the Agreement). FLYHT has also agreed to pay a fee to FTG upon the termination of the Agreement in certain circumstances. Officers, directors and certain significant shareholders of FLYHT, holding in the aggregate FLYHT Shares representing in aggregate approximately 24% of the issued and outstanding FLYHT Shares, have entered into voting support agreements with FTG and have agreed to vote in favour of the Transaction at the Special Meeting. Aankondiging • Oct 01
Firan Technology Group Corporation to Report Q3, 2024 Results on Oct 09, 2024 Firan Technology Group Corporation announced that they will report Q3, 2024 results Pre-Market on Oct 09, 2024 Aankondiging • Jul 04
Firan Technology Group Corporation to Report Q2, 2024 Results on Jul 10, 2024 Firan Technology Group Corporation announced that they will report Q2, 2024 results After-Market on Jul 10, 2024 Aankondiging • Apr 13
Firan Technology Group Corporation Announces Cessation of David F. Masotti as Director Firan Technology Group Corporation at its AGM held on April 12, 2024 announced that as David F. Masotti did not receive a majority of the votes cast for his election, he was not elected as a director of the Corporation. However, as an incumbent director, in accordance with the Canada Business Corporations Act, Mr. Masotti is expected to continue in office until the earlier of (i) 90 days after April 12, 2024, and (ii) the day on which his successor is appointed. Aankondiging • Apr 06
Firan Technology Group Corporation to Report Q1, 2024 Results on Apr 11, 2024 Firan Technology Group Corporation announced that they will report Q1, 2024 results After-Market on Apr 11, 2024 New Risk • Feb 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 11% 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 11% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (€81.7m market cap, or US$88.2m). Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: CA$0.49 (vs CA$0.029 in FY 2022) Full year 2023 results: EPS: CA$0.49 (up from CA$0.029 in FY 2022). Revenue: CA$135.2m (up 51% from FY 2022). Net income: CA$11.6m (up CA$10.9m from FY 2022). Profit margin: 8.6% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 03
Firan Technology Group Corporation to Report Q4, 2023 Results on Feb 07, 2024 Firan Technology Group Corporation announced that they will report Q4, 2023 results After-Market on Feb 07, 2024 Aankondiging • Jan 27
Firan Technology Group Corporation, Annual General Meeting, Apr 12, 2024 Firan Technology Group Corporation, Annual General Meeting, Apr 12, 2024. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €2.98, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Electronic industry in Germany. Total returns to shareholders of 146% over the past three years. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €2.56, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Electronic industry in Germany. Total returns to shareholders of 142% over the past three years. New Risk • Oct 16
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 12% 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 12% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (€59.2m market cap, or US$62.2m). Reported Earnings • Oct 12
Third quarter 2023 earnings released: EPS: CA$0.06 (vs CA$0.03 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.06 (up from CA$0.03 in 3Q 2022). Revenue: CA$36.6m (up 59% from 3Q 2022). Net income: CA$1.32m (up 83% from 3Q 2022). Profit margin: 3.6% (up from 3.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 05
Firan Technology Group Corporation to Report Q3, 2023 Results on Oct 11, 2023 Firan Technology Group Corporation announced that they will report Q3, 2023 results After-Market on Oct 11, 2023 Reported Earnings • Jul 13
Second quarter 2023 earnings released: EPS: CA$0.10 (vs CA$0.001 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.10 (up from CA$0.001 in 2Q 2022). Revenue: CA$34.0m (up 52% from 2Q 2022). Net income: CA$2.40m (up CA$2.39m from 2Q 2022). Profit margin: 7.1% (up from 0.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 06
Firan Technology Group Corporation to Report Q2, 2023 Results on Jul 12, 2023 Firan Technology Group Corporation announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 12, 2023 Reported Earnings • Apr 13
First quarter 2023 earnings released: EPS: CA$0.17 (vs CA$0.03 loss in 1Q 2022) First quarter 2023 results: EPS: CA$0.17 (up from CA$0.03 loss in 1Q 2022). Revenue: CA$24.6m (up 20% from 1Q 2022). Net income: CA$4.07m (up CA$4.81m from 1Q 2022). Profit margin: 17% (up from net loss in 1Q 2022). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Recent Insider Transactions • Mar 03
Director recently bought €100k worth of stock On the 27th of February, Amy Rice bought around 47k shares on-market at roughly €2.12 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €647k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 09
Full year 2022 earnings released Full year 2022 results: Revenue: CA$89.6m (up 13% from FY 2021). Net income: CA$698.0k (up 173% from FY 2021). Profit margin: 0.8% (up from 0.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Aankondiging • Feb 04
Firan Technology Group Corporation, Annual General Meeting, Apr 19, 2023 Firan Technology Group Corporation, Annual General Meeting, Apr 19, 2023. Aankondiging • Feb 02
Firan Technology Group Corporation to Report Q4, 2022 Results on Feb 08, 2023 Firan Technology Group Corporation announced that they will report Q4, 2022 results After-Market on Feb 08, 2023 Reported Earnings • Oct 13
Third quarter 2022 earnings released: EPS: CA$0.03 (vs CA$0.032 in 3Q 2021) Third quarter 2022 results: EPS: CA$0.03 (down from CA$0.032 in 3Q 2021). Revenue: CA$23.1m (up 17% from 3Q 2021). Net income: CA$723.0k (down 6.6% from 3Q 2021). Profit margin: 3.1% (down from 3.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jul 23
Insider recently bought €288k worth of stock On the 19th of July, Austin Beutel bought around 200k shares on-market at roughly €1.44 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €939k more in shares than they have sold in the last 12 months. Reported Earnings • Jul 15
Second quarter 2022 earnings released: EPS: CA$0.001 (vs CA$0 in 2Q 2021) Second quarter 2022 results: EPS: CA$0.001 (up from CA$0 in 2Q 2021). Revenue: CA$22.3m (up 9.8% from 2Q 2021). Net income: CA$14.0k (up 40% from 2Q 2021). Profit margin: 0.1% (up from 0% in 2Q 2021). Over the next year, revenue is forecast to grow 21%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jun 06
President recently bought €163k worth of stock On the 3rd of June, Bradley Bourne bought around 100k shares on-market at roughly €1.63 per share. This was the largest purchase by an insider in the last 3 months. Bradley has been a buyer over the last 12 months, purchasing a net total of €272k worth in shares. Buying Opportunity • May 31
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 2.9%. The fair value is estimated to be €2.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • May 09
Now 22% undervalued Over the last 90 days, the stock is up 8.8%. The fair value is estimated to be €2.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 14
First quarter 2022 earnings released: CA$0.03 loss per share (vs CA$0.016 loss in 1Q 2021) First quarter 2022 results: CA$0.03 loss per share (down from CA$0.016 loss in 1Q 2021). Revenue: CA$20.5m (up 7.9% from 1Q 2021). Net loss: CA$733.0k (loss widened 83% from 1Q 2021). Over the next year, revenue is forecast to grow 26%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Buying Opportunity • Mar 29
Now 29% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CA$2.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.6% per annum over the last 3 years. Earnings per share has declined by 49% per annum over the last 3 years. Reported Earnings • Feb 11
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CA$0.01 (down from CA$0.061 in FY 2020). Revenue: CA$79.4m (down 23% from FY 2020). Net income: CA$256.0k (down 82% from FY 2020). Profit margin: 0.3% (down from 1.4% in FY 2020). Revenue missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 34%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Oct 14
Third quarter 2021 earnings released: EPS CA$0.03 (vs CA$0.028 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$39.5m (up 62% from 3Q 2020). Net income: CA$1.60m (up 149% from 3Q 2020). Profit margin: 4.1% (up from 2.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Recent Insider Transactions • Aug 26
Insider recently bought €351k worth of stock On the 23rd of August, Austin Beutel bought around 190k shares on-market at roughly €1.85 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €418k more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improved over the past week After last week's 15% share price gain to CA$2.10, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 24x in the Electronic industry in Germany. Total returns to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improved over the past week After last week's 25% share price gain to CA$1.84, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 34% over the past three years. Reported Earnings • Apr 15
First quarter 2021 earnings released: CA$0.02 loss per share (vs CA$0.11 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: CA$19.0m (down 23% from 1Q 2020). Net loss: CA$400.0k (loss narrowed 85% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 12
Full year 2020 earnings released: EPS CA$0.06 (vs CA$0.27 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$102.4m (down 9.1% from FY 2019). Net income: CA$1.39m (down 77% from FY 2019). Profit margin: 1.4% (down from 5.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Feb 12
Revenue beats expectations Revenue exceeded analyst estimates by 4.8%. Over the next year, revenue is forecast to grow 5.8%, compared to a 17% growth forecast for the Electronic industry in Germany. Aankondiging • Feb 04
Firan Technology Group Corporation to Report Q4, 2020 Results on Feb 10, 2021 Firan Technology Group Corporation announced that they will report Q4, 2020 results After-Market on Feb 10, 2021 Aankondiging • Jan 26
Firan Technology Group Corporation, Annual General Meeting, Apr 20, 2021 Firan Technology Group Corporation, Annual General Meeting, Apr 20, 2021. Is New 90 Day High Low • Jan 26
New 90-day high: €1.40 The company is up 42% from its price of €0.98 on 27 October 2020. The German 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 27% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: €1.32 The company is up 35% from its price of €0.98 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period. Is New 90 Day High Low • Nov 20
New 90-day high: €1.10 The company is up 9.0% from its price of €1.01 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 4.0% over the same period. Reported Earnings • Oct 08
Third quarter earnings released Over the last 12 months the company has reported total profits of CA$657.0k, down 90% from the prior year. Total revenue was CA$102.8m over the last 12 months, down 9.5% from the prior year. Aankondiging • Oct 05
Firan Technology Group Corp. to Report Q1, 2010 Results on 04/07/2010 Firan Technology Group Corp. announced that they will report Q1, 2010 results on 04/07/2010 Aankondiging • Sep 30
Firan Technology Group Corporation to Report Q3, 2020 Results on Oct 07, 2020 Firan Technology Group Corporation announced that they will report Q3, 2020 results on Oct 07, 2020 Aankondiging • Jul 01
Firan Technology Group Corporation to Report Q2, 2020 Results on Jul 08, 2020 Firan Technology Group Corporation announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Jul 08, 2020 
