Aankondiging • May 25
SA Energisme, Annual General Meeting, Jun 30, 2026 SA Energisme, Annual General Meeting, Jun 30, 2026. Location: novotel paris pont de sevres, 11 13 grande rue, sevres France New Risk • May 07
New major risk - Negative shareholders equity The company has negative equity. Total equity: -€2.3m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risk Negative equity (-€2.3m). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$100m (€11.5m market cap, or US$13.5m). 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 Risks Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Revenue has declined by 12% over the past year. Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (€12.3m market cap, or US$14.4m). Aankondiging • Jan 06
SA Energisme announced that it expects to receive €1.5 million in funding SA Energisme announced a private placement to issue bond for the proceeds of €1,000,000 and 86,206,896 common share at an issue price of €0.0058 for the proceeds of €499,999.9968 on January 5, 2026. New Risk • Dec 31
New major risk - Revenue and earnings growth Revenue has declined by 12% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue has declined by 12% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (€11.0m market cap, or US$13.0m). New Risk • Nov 17
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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (€7.43m market cap, or US$8.64m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). New Risk • Aug 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.50m (US$9.91m) This is considered a major risk. Companies with a small market capitalization 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 Risk Market cap is less than US$10m (€8.50m market cap, or US$9.91m). Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change). New Risk • Jul 25
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 French stocks, typically moving 11% 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 (11% average weekly change). Minor Risk Market cap is less than US$100m (€10.2m market cap, or US$12.0m). Aankondiging • May 06
SA Energisme, Annual General Meeting, Jun 16, 2025 SA Energisme, Annual General Meeting, Jun 16, 2025. Location: novotel paris pont de sevres, 11 13 grande rue, sevres France New Risk • Jan 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.34m (US$9.72m) This is considered a major risk. Companies with a small market capitalization 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 Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). Market cap is less than US$10m (€9.34m market cap, or US$9.72m). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). New Risk • Nov 12
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 French stocks, typically moving 9.6% 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 Risks Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Negative equity (-€1.4m). Shareholders have been substantially diluted in the past year (over 16x increase in shares outstanding). Minor Risk Market cap is less than US$100m (€13.3m market cap, or US$14.2m). New Risk • Oct 27
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 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 June 2023 fiscal period end). Negative equity (-€1.4m). Shareholders have been substantially diluted in the past year (over 16x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (€13.3m market cap, or US$14.4m). Aankondiging • May 26
SA Energisme, Annual General Meeting, Jun 27, 2024 SA Energisme, Annual General Meeting, Jun 27, 2024. Location: novotel pont de sevres situe 11 13 grande rue, sevres France New Risk • May 13
New major risk - Negative shareholders equity The company has negative equity. Total equity: -€1.4m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-€1.4m). Earnings have declined by 3.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 10x increase in shares outstanding). Market cap is less than US$10m (€703.8k market cap, or US$759.2k). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Reported Earnings • May 05
Full year 2023 earnings released Full year 2023 results: Revenue: €6.24m (down 15% from FY 2022). Net loss: €7.99m (loss widened 15% from FY 2022). New Risk • Oct 23
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 15x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-€3.1m). Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 15x increase in shares outstanding). Market cap is less than US$10m (€1.41m market cap, or US$1.49m). Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Director Jean-Michel Cagin was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Director Jean-Michel Cagin was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Is New 90 Day High Low • Feb 16
New 90-day high: €6.98 The company is up 19% from its price of €5.88 on 17 November 2020. The French market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Software industry, which is up 25% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: €6.32 The company is up 7.0% from its price of €5.90 on 16 October 2020. The French market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: €6.30 The company is up 3.0% from its price of €6.10 on 18 September 2020. The French market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 2.0% over the same period.