Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Director Antonino Pisana was the last director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Feb 10
TrenDevice S.p.A., Annual General Meeting, Feb 27, 2026 TrenDevice S.p.A., Annual General Meeting, Feb 27, 2026, at 10:00 W. Europe Standard Time. New Risk • Apr 19
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 (21% average weekly change). Earnings have declined by 39% per year over the past 5 years. Market cap is less than US$10m (€2.70m market cap, or US$3.08m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Reported Earnings • Oct 02
First half 2024 earnings released First half 2024 results: Revenue: €8.57m (up 3.7% from 1H 2023). Net loss: €1.26m (loss widened 144% from 1H 2023). Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Italy. Aankondiging • Jun 16
TrenDevice S.p.A., Annual General Meeting, Jun 28, 2024 TrenDevice S.p.A., Annual General Meeting, Jun 28, 2024, at 09:00 W. Europe Standard Time. Buy Or Sell Opportunity • Jun 11
Now 22% overvalued Over the last 90 days, the stock has fallen 10% to €0.25. The fair value is estimated to be €0.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. New Risk • Apr 09
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 Share price has been highly volatile over the past 3 months (7.9% average weekly change). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (€5.13m market cap, or US$5.57m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Jan 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (€4.63m market cap, or US$5.02m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Sep 26
New major risk - Revenue and earnings growth Earnings have declined by 64% 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 (9.9% average weekly change). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (€3.71m market cap, or US$3.93m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€2.4m). Shareholders have been diluted in the past year (25% increase in shares outstanding). Reported Earnings • Jun 17
Full year 2022 earnings released Full year 2022 results: Revenue: €21.0m (up 29% from FY 2021). Net loss: €1.45m (loss widened 51% from FY 2021). Buying Opportunity • Dec 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 48%. The fair value is estimated to be €0.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buying Opportunity • Nov 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 44%. The fair value is estimated to be €0.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Price Target Changed • Nov 16
Price target decreased to €1.11 Down from €1.66, the current price target is provided by 1 analyst. New target price is 106% above last closing price of €0.54. Stock is down 46% over the past year. Price Target Changed • Oct 06
Price target decreased to €1.11 Down from €1.66, the current price target is provided by 1 analyst. New target price is 65% above last closing price of €0.67. Stock is down 26% over the past year. Reported Earnings • Sep 27
First half 2022 earnings released: EPS: €0 (vs €0 in 1H 2021) First half 2022 results: EPS: €0 (in line with 1H 2021). Revenue: €10.1m (up 95% from 1H 2021). Net loss: €919.9k (loss widened 118% from 1H 2021). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Online Retail industry in Europe. Reported Earnings • Apr 04
Full year 2021 earnings released Full year 2021 results: Revenue: €16.6m (up 75% from FY 2020). Net loss: €961.0k (loss widened 304% from FY 2020). Over the next year, revenue is forecast to grow 5.3%, compared to a 39% growth forecast for the retail industry in Italy. Reported Earnings • Sep 24
First half 2021 earnings released The company reported a mediocre first half result with weaker earnings and weaker control over costs, although revenues improved. First half 2021 results: Revenue: €5.18m (up 34% from 1H 2020). Net loss: €422.1k (down €423.0k from profit in 1H 2020).