Reported Earnings • May 11
First quarter 2026 earnings released: EPS: €0.002 (vs €0.002 loss in 1Q 2025) First quarter 2026 results: EPS: €0.002 (up from €0.002 loss in 1Q 2025). Revenue: €65.9m (up 7.4% from 1Q 2025). Net income: €1.06m (up €2.53m from 1Q 2025). Profit margin: 1.6% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Machinery industry in Italy. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Buy Or Sell Opportunity • Apr 27
Now 22% overvalued Over the last 90 days, the stock has fallen 9.6% to €0.14. The fair value is estimated to be €0.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Apr 10
Now 21% overvalued Over the last 90 days, the stock has fallen 12% to €0.15. The fair value is estimated to be €0.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings are also forecast to grow by 38% per annum over the same time period. Aankondiging • Mar 24
Tesmec S.p.A., Annual General Meeting, Apr 23, 2026 Tesmec S.p.A., Annual General Meeting, Apr 23, 2026, at 10:30 W. Europe Standard Time. New Risk • Mar 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €85.3m (US$97.5m) This is considered a minor 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 Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risk Market cap is less than US$100m (€85.3m market cap, or US$97.5m). Buy Or Sell Opportunity • Mar 12
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.8% to €0.16. The fair value is estimated to be €0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings are also forecast to grow by 38% per annum over the same time period. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: €0 (vs €0.003 loss in 3Q 2024) Third quarter 2025 results: EPS: €0 (improved from €0.003 loss in 3Q 2024). Revenue: €63.6m (up 2.7% from 3Q 2024). Net income: €340.0k (up €2.01m from 3Q 2024). Profit margin: 0.5% (up from net loss in 3Q 2024). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Machinery industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. New Risk • Nov 15
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.5x 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 Risks Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€74.3m market cap, or US$86.3m). New Risk • Nov 10
New major risk - Revenue and earnings growth Earnings have declined by 23% 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 Share price has been highly volatile over the past 3 months (7.8% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€67.5m market cap, or US$78.1m). New Risk • Sep 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 Italian stocks, typically moving 7.9% 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 Interest payments are not well covered by earnings (1.6x net interest cover). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Market cap is less than US$100m (€68.7m market cap, or US$81.5m). New Risk • Aug 18
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.6x 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 (1.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (€44.1m market cap, or US$51.6m). New Risk • Aug 07
New major risk - Revenue and earnings growth Earnings have declined by 17% 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 Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (€42.3m market cap, or US$49.3m). Buy Or Sell Opportunity • Aug 06
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to €0.068. The fair value is estimated to be €0.056, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Meanwhile, the company became loss making. New Risk • Jul 15
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 Italian stocks, typically moving 5.5% 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 Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (€39.7m market cap, or US$46.3m). New Risk • May 22
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.3x 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 (1.3x net interest cover). Minor Risk Market cap is less than US$100m (€34.1m market cap, or US$38.5m). Reported Earnings • May 12
First quarter 2025 earnings released: EPS: €0 (vs €0.002 loss in 1Q 2024) First quarter 2025 results: EPS: €0 (improved from €0.002 loss in 1Q 2024). Revenue: €61.4m (up 3.4% from 1Q 2024). Net income: €119.0k (up €1.26m from 1Q 2024). Profit margin: 0.2% (up from net loss in 1Q 2024). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Italy. 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. New Risk • May 11
New major risk - Revenue and earnings growth Earnings have declined by 8.6% 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 Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 8.6% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€33.6m market cap, or US$37.9m). New Risk • Apr 13
New major risk - Revenue and earnings growth Earnings have declined by 6.1% 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 Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 6.1% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€34.8m market cap, or US$39.5m). Aankondiging • Mar 21
Tesmec S.p.A., Annual General Meeting, Apr 30, 2025 Tesmec S.p.A., Annual General Meeting, Apr 30, 2025, at 10:30 W. Europe Standard Time. New Risk • Mar 14
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x 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 (1.2x net interest cover). Minor Risk Market cap is less than US$100m (€40.7m market cap, or US$44.2m). New Risk • Nov 28
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 Italian stocks, typically moving 5.6% 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 Interest payments are not well covered by earnings (0.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (€37.4m market cap, or US$39.5m). New Risk • Nov 22
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.6x 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 (0.6x net interest cover). Minor Risk Market cap is less than US$100m (€38.5m market cap, or US$40.0m). Major Estimate Revision • Nov 22
Consensus EPS estimates fall by 50% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €267.6m to €252.9m. Losses expected to increase from €0.006 per share to €0.009. Machinery industry in Italy expected to see average net income growth of 16% next year. Consensus price target down from €0.09 to €0.06. Share price fell 10% to €0.063 over the past week. Buy Or Sell Opportunity • Nov 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to €0.064. The fair value is estimated to be €0.082, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 7.7% in a year. Earnings are forecast to grow by 68% in the next year. Reported Earnings • Nov 10
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: €64.8m (down 5.0% from 3Q 2023). Net loss: €1.30m (down 147% from profit in 3Q 2023). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. New Risk • Aug 18
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.9x 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 (0.9x net interest cover). Minor Risk Market cap is less than US$100m (€48.6m market cap, or US$53.5m). Reported Earnings • Aug 08
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €64.9m (down 4.3% from 2Q 2023). Net loss: €1.08m (loss widened 97% from 2Q 2023). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Machinery industry in Italy. New Risk • May 22
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.8x 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 (0.8x net interest cover). Minor Risk Market cap is less than US$100m (€56.1m market cap, or US$60.8m). Reported Earnings • May 13
First quarter 2024 earnings released: €0.002 loss per share (vs €0.004 loss in 1Q 2023) First quarter 2024 results: €0.002 loss per share (improved from €0.004 loss in 1Q 2023). Revenue: €59.3m (up 3.2% from 1Q 2023). Net loss: €1.14m (loss narrowed 54% from 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Machinery industry in Italy. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. New Risk • Mar 11
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.8x 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 (0.8x net interest cover). Minor Risk Market cap is less than US$100m (€63.9m market cap, or US$69.9m). Reported Earnings • Mar 10
Full year 2023 earnings released Full year 2023 results: Revenue: €251.9m (up 2.7% from FY 2022). Net loss: €2.70m (down 134% from profit in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Machinery industry in Italy. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Feb 23
Now 21% overvalued Over the last 90 days, the stock has fallen 4.2% to €0.11. The fair value is estimated to be €0.091, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 07
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €68.2m (up 13% from 3Q 2022). Net income: €3.21m (up 135% from 3Q 2022). Profit margin: 4.7% (up from 2.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Italy. New Risk • Aug 07
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.0x 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 (1.0x net interest cover). Minor Risk Market cap is less than US$100m (€78.6m market cap, or US$86.4m). Reported Earnings • Aug 06
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €67.8m (up 18% from 2Q 2022). Net loss: €141.0k (down 102% from profit in 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Machinery industry in Italy. Over the last 3 years on average, earnings per share has increased by 131% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • May 16
First quarter 2023 earnings released: €0.004 loss per share (vs €0.003 profit in 1Q 2022) First quarter 2023 results: €0.004 loss per share (down from €0.003 profit in 1Q 2022). Revenue: €57.5m (up 2.9% from 1Q 2022). Net loss: €2.46m (down 223% from profit in 1Q 2022). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Machinery industry in Italy. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Buying Opportunity • May 03
Now 22% undervalued Over the last 90 days, the stock is up 3.9%. The fair value is estimated to be €0.20, 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 51%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 33% per annum over the same time period. Buying Opportunity • Apr 11
Now 21% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be €0.20, 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 51%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 33% per annum over the same time period. Buying Opportunity • Mar 22
Now 21% undervalued Over the last 90 days, the stock is up 9.9%. The fair value is estimated to be €0.20, 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 45%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 32% per annum over the same time period. Major Estimate Revision • Mar 22
Consensus EPS estimates fall by 19%, revenue upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €265.0m to €284.5m. EPS estimate fell from €0.027 to €0.022 per share. Net income forecast to grow 70% next year vs 8.3% growth forecast for Machinery industry in Italy. Consensus price target of €0.22 unchanged from last update. Share price rose 3.3% to €0.16 over the past week. Reported Earnings • Mar 12
Full year 2022 earnings released Full year 2022 results: Revenue: €245.2m (up 26% from FY 2021). Net income: €7.90m (up €6.71m from FY 2021). Profit margin: 3.2% (up from 0.6% in FY 2021). The increase in margin was driven by higher revenue. Price Target Changed • Nov 16
Price target decreased to €0.22 Down from €0.30, the current price target is provided by 1 analyst. New target price is 56% above last closing price of €0.14. Stock is up 24% over the past year. The company is forecast to post earnings per share of €0.015 for next year compared to €0.002 last year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. Chairman & CEO Ambrogio Dominioni was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 08
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: €60.2m (up 27% from 3Q 2021). Net income: €1.32m (up 28% from 3Q 2021). Profit margin: 2.2% (in line with 3Q 2021). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Machinery industry in Italy. Reported Earnings • May 16
First quarter 2022 earnings released: EPS: €0.003 (vs €0.002 in 1Q 2021) First quarter 2022 results: EPS: €0.003 (up from €0.002 in 1Q 2021). Revenue: €55.9m (up 14% from 1Q 2021). Net income: €2.00m (up 83% from 1Q 2021). Profit margin: 3.6% (up from 2.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 18% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 31% per year. Price Target Changed • Apr 27
Price target decreased to €0.22 Down from €0.30, the current price target is provided by 1 analyst. New target price is 65% above last closing price of €0.13. Stock is up 12% over the past year. The company is forecast to post earnings per share of €0.014 for next year compared to €0.002 last year. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. Chairman & CEO Ambrogio Dominioni was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Price Target Changed • Mar 18
Price target decreased to €0.22 Down from €0.30, the current price target is provided by 1 analyst. New target price is 55% above last closing price of €0.14. Stock is up 21% over the past year. Reported Earnings • Mar 13
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: €194.3m (up 14% from FY 2020). Net income: €1.20m (up €8.03m from FY 2020). Profit margin: 0.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 09
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €47.3m (up 2.7% from 3Q 2020). Net income: €987.0k (up €1.88m from 3Q 2020). Profit margin: 2.1% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 09
Second quarter 2021 earnings released The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €47.9m (up 23% from 2Q 2020). Net loss: €81.0k (loss narrowed 91% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 25 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 17
Full year 2020 earnings released: €0.067 loss per share (vs €0.029 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €170.7m (down 15% from FY 2019). Net loss: €6.83m (down 330% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings.