Reported Earnings • Mar 26
Full year 2025 earnings released Full year 2025 results: Revenue: €26.3m (up 25% from FY 2024). Net income: €6.26m (up 33% from FY 2024). Profit margin: 24% (up from 22% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Software industry in France. Reported Earnings • Oct 23
First half 2025 earnings released First half 2025 results: Revenue: €11.5m (up 24% from 1H 2024). Net income: €2.12m (up 42% from 1H 2024). Profit margin: 19% (up from 16% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Software industry in France. Reported Earnings • Sep 21
First half 2025 earnings released First half 2025 results: Revenue: €11.5m (up 24% from 1H 2024). Net income: €2.12m (up 42% from 1H 2024). Profit margin: 19% (up from 16% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Software industry in France. Buy Or Sell Opportunity • Sep 17
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 92% to €73.00. The fair value is estimated to be €57.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 13%. New Risk • Jul 16
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 French stocks, typically moving 8.3% 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 Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Aankondiging • Jul 16
Streamwide S.A. to Report First Half, 2025 Results on Sep 15, 2025 Streamwide S.A. announced that they will report first half, 2025 results on Sep 15, 2025 New Risk • May 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • May 27
Now 22% undervalued Over the last 90 days, the stock has risen 9.4% to €35.00. The fair value is estimated to be €44.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 47% in the next 2 years. Buy Or Sell Opportunity • Apr 25
Now 20% undervalued Over the last 90 days, the stock has risen 7.9% to €35.60. The fair value is estimated to be €44.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 47% in the next 2 years. Reported Earnings • Mar 20
Full year 2024 earnings released Full year 2024 results: Revenue: €21.0m (up 7.7% from FY 2023). Net income: €4.49m (up 7.6% from FY 2023). Profit margin: 21% (in line with FY 2023). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Software industry in France. Price Target Changed • Mar 18
Price target increased by 23% to €37.00 Up from €30.00, the current price target is provided by 1 analyst. New target price is 11% above last closing price of €33.40. Stock is up 17% over the past year. The company is forecast to post earnings per share of €1.63 for next year compared to €1.49 last year. Price Target Changed • Feb 11
Price target increased by 10% to €32.00 Up from €29.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €32.90. Stock is up 37% over the past year. The company is forecast to post earnings per share of €1.63 for next year compared to €1.49 last year. Buy Or Sell Opportunity • Dec 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.9% to €29.30. The fair value is estimated to be €36.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 8.9%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 38% in the next 2 years. Aankondiging • Nov 20
Streamwide S.A., Annual General Meeting, Jun 19, 2025 Streamwide S.A., Annual General Meeting, Jun 19, 2025. Buy Or Sell Opportunity • Oct 16
Now 21% undervalued Over the last 90 days, the stock has risen 3.8% to €29.90. The fair value is estimated to be €37.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 38% in the next 2 years. Reported Earnings • Sep 20
First half 2024 earnings released First half 2024 results: Revenue: €9.25m (up 10% from 1H 2023). Net income: €1.50m (up 25% from 1H 2023). Profit margin: 16% (up from 14% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Software industry in France. New Risk • Jul 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.7% This is considered a minor 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 Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Shareholders have been diluted in the past year (3.7% increase in shares outstanding). Market cap is less than US$100m (€78.4m market cap, or US$85.3m). Price Target Changed • Jul 16
Price target increased by 7.1% to €30.00 Up from €28.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €28.90. Stock is up 61% over the past year. The company is forecast to post earnings per share of €2.22 for next year compared to €1.49 last year. Aankondiging • May 17
Streamwide S.A., Annual General Meeting, Jun 20, 2024 Streamwide S.A., Annual General Meeting, Jun 20, 2024. Location: 84 rue d hauteville, paris France Buy Or Sell Opportunity • Mar 21
Now 23% undervalued Over the last 90 days, the stock has risen 31% to €26.90. The fair value is estimated to be €34.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Reported Earnings • Mar 20
Full year 2023 earnings released Full year 2023 results: Revenue: €19.5m (up 11% from FY 2022). Net income: €4.17m (up 23% from FY 2022). Profit margin: 21% (up from 19% in FY 2022). 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 8.7% growth forecast for the Software industry in France. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €28.90, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Software industry in France. Total loss to shareholders of 21% over the past three years. Aankondiging • Feb 07
Streamwide S.A. to Report Fiscal Year 2023 Results on Mar 18, 2024 Streamwide S.A. announced that they will report fiscal year 2023 results on Mar 18, 2024 Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €21.30, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 32x in the Software industry in France. Total loss to shareholders of 4.1% over the past three years. Reported Earnings • Sep 20
First half 2023 earnings released First half 2023 results: Revenue: €8.39m (up 3.0% from 1H 2022). Net income: €1.20m (up 15% from 1H 2022). Profit margin: 14% (up from 13% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in France. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Price Target Changed • Sep 20
Price target increased by 9.1% to €24.00 Up from €22.00, the current price target is provided by 1 analyst. New target price is 35% above last closing price of €17.75. Stock is up 2.0% over the past year. The company is forecast to post earnings per share of €1.28 for next year compared to €1.16 last year. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €17.40, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 34x in the Software industry in France. Total returns to shareholders of 1.8% over the past three years. Buying Opportunity • May 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be €18.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. Price Target Changed • Feb 14
Price target decreased by 19% to €22.00 Down from €27.00, the current price target is provided by 1 analyst. New target price is 30% above last closing price of €16.90. Stock is down 39% over the past year. The company is forecast to post earnings per share of €0.96 for next year compared to €1.39 last year. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CFO & Director Olivier Truelle was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 22% share price gain to €17.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 25x in the Software industry in France. Total returns to shareholders of 71% over the past three years. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €16.60, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Software industry in France. Total returns to shareholders of 41% over the past three years. Major Estimate Revision • Sep 21
Consensus revenue estimates fall by 11% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from €19.6m to €17.4m. EPS estimate fell from €1.58 to €0.93 per share. Net income forecast to shrink 32% next year vs 20% growth forecast for Software industry in France . Consensus price target down from €37.00 to €27.00. Share price fell 11% to €17.40 over the past week. Price Target Changed • Apr 27
Price target decreased to €37.00 Down from €40.00, the current price target is provided by 1 analyst. New target price is 71% above last closing price of €21.70. Stock is down 41% over the past year. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CFO & Director Olivier Truelle was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Mar 23
Price target decreased to €37.00 Down from €40.00, the current price target is provided by 1 analyst. New target price is 43% above last closing price of €25.80. Stock is down 28% over the past year. Reported Earnings • Sep 22
First half 2021 earnings released The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: €7.86m (up 20% from 1H 2020). Net income: €1.85m (up 6.2% from 1H 2020). Profit margin: 24% (down from 27% in 1H 2020). The decrease in margin was driven by higher expenses. Price Target Changed • Jul 20
Price target increased to €37.00 Up from €33.00, the current price target is provided by 1 analyst. New target price is 12% above last closing price of €33.00. Stock is up 114% over the past year. Reported Earnings • Mar 25
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €14.0m (up 37% from FY 2019). Net income: €3.27m (up 186% from FY 2019). Profit margin: 23% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improved over the past week After last week's 21% share price gain to €37.80, the stock is trading at a trailing P/E ratio of 54.8x, up from the previous P/E ratio of 45.2x. This compares to an average P/E of 70x in the Software industry in France. Total returns to shareholders over the past three years are 520%. Is New 90 Day High Low • Feb 12
New 90-day high: €37.80 The company is up 64% from its price of €23.00 on 13 November 2020. The French 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 up 25% over the same period. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 19% share price gain to €32.00, the stock is trading at a trailing P/E ratio of 46.4x, up from the previous P/E ratio of 39.1x. This compares to an average P/E of 43x in the Software industry in France. Total returns to shareholders over the past three years are 416%. Is New 90 Day High Low • Jan 14
New 90-day high: €32.00 The company is up 37% from its price of €23.40 on 15 October 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: €24.60 The company is up 18% from its price of €20.80 on 29 September 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 3.0% over the same period. Is New 90 Day High Low • Oct 19
New 90-day high: €24.40 The company is up 58% from its price of €15.40 on 21 July 2020. The French market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period. Is New 90 Day High Low • Sep 28
New 90-day high: €21.00 The company is up 52% from its price of €13.80 on 30 June 2020. The French market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 3.0% over the same period. Major Estimate Revision • Sep 28
Analysts update estimates The 2020 consensus earning per share (EPS) estimate increased from €0.67 to €1.04. No change was made to the revenue estimate which at the last update was €13.5m. Net income is expected to grow by 88% next year compared to 6.8% growth forecast for the Software industry in France. The consensus price target increased from €20.00 to €21.80. Share price is up 10% to €19.00 over the past week.