Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €6.80, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 20x in the Electronic industry in Europe. Total returns to shareholders of 262% over the past three years. New Risk • May 18
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (€20.9m market cap, or US$24.3m). New Risk • May 12
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 Spanish stocks, typically moving 5.2% 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 Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Minor Risks High level of debt (81% net debt to equity). Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (€14.9m market cap, or US$17.6m). Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €5.10, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 20x in the Electronic industry in Europe. Total returns to shareholders of 171% over the past three years. New Risk • May 02
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. 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 Risk Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Minor Risks High level of debt (81% net debt to equity). Market cap is less than US$100m (€12.2m market cap, or US$14.3m). New Risk • Feb 17
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 Spanish stocks, typically moving 3.8% 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 High level of debt (81% net debt to equity). Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (3.8% average weekly change). Market cap is less than US$100m (€9.69m market cap, or US$11.5m). Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €3.84, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 25x in the Electronic industry in Europe. Total returns to shareholders of 106% over the past three years. New Risk • Nov 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Market cap is less than US$10m (€8.36m market cap, or US$9.72m). Minor Risks High level of debt (81% net debt to equity). Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (4.4% average weekly change). Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €2.42, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 22x in the Electronic industry in Europe. Total returns to shareholders of 30% over the past three years. Aankondiging • May 20
Robot, S.A., Annual General Meeting, Jun 20, 2025 Robot, S.A., Annual General Meeting, Jun 20, 2025. Location: hotel nakar, avenida jaume iii no. 21, palma de mallorca., Spain New Risk • May 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 Share price has been highly volatile over the past 3 months (6.8% average weekly change). Earnings have declined by 2.7% per year over the past 5 years. Market cap is less than US$10m (€7.80m market cap, or US$8.73m). Minor Risks High level of debt (114% net debt to equity). Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €2.30, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 20x in the Electronic industry in Europe. Total returns to shareholders of 14% over the past three years. New Risk • May 12
New major risk - Revenue and earnings growth Earnings have declined by 2.7% 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 Earnings have declined by 2.7% per year over the past 5 years. Market cap is less than US$10m (€5.76m market cap, or US$6.47m). Minor Risks High level of debt (114% net debt to equity). Share price has been volatile over the past 3 months (5.4% average weekly change). New Risk • May 11
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 Spanish stocks, typically moving 5.3% 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 Risks Interest payments are not well covered by earnings (0.04x net interest cover). Market cap is less than US$10m (€5.76m market cap, or US$6.49m). Minor Risk Share price has been volatile over the past 3 months (5.3% average weekly change). New Risk • Apr 27
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2023. 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 December 2023 fiscal period end). Interest payments are not well covered by earnings (0.04x net interest cover). Market cap is less than US$10m (€4.86m market cap, or US$5.52m). Board Change • Apr 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 07
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Nov 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Interest payments are not well covered by earnings (0.04x net interest cover). Share price has been highly volatile over the past 3 months (5.6% average weekly change). Earnings have declined by 30% per year over the past 5 years. Market cap is less than US$10m (€4.95m market cap, or US$5.26m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Aankondiging • May 17
Robot, S.A., Annual General Meeting, Jun 21, 2024 Robot, S.A., Annual General Meeting, Jun 21, 2024. Location: hotel js palma plaza, plaza madrid 13, palma,mallorca., Spain New Risk • May 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 42% per year over the past 5 years. Market cap is less than US$10m (€3.83m market cap, or US$4.14m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). New Risk • Nov 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (€4.39m market cap, or US$4.69m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improved over the past week After last week's 16% share price gain to €3.06, the stock is trading at a trailing P/E ratio of 11.7x, up from the previous P/E ratio of 10.1x. This compares to an average P/E of 27x in the Electronic industry in Europe. Total returns to shareholders over the past year are 9.3%. Is New 90 Day High Low • Feb 11
New 90-day high: €2.62 The company is up 17% from its price of €2.24 on 12 November 2020. The Spanish market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period. Is New 90 Day High Low • Jan 08
New 90-day high: €2.42 The company is up 13% from its price of €2.14 on 09 October 2020. The Spanish market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is up 11% over the same period.