New Risk • Jun 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.02m (US$9.19m) 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 (€8.02m market cap, or US$9.19m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (€3.0m net loss in 2 years). Announcement • Apr 10
Cherry SE Launches Cherry XTRFY Launches K5 Pro TMR Compact Keyboard Cherry SE announced that Cherry XTRFY’s popular K5 keyboard was taken to a new level. This gaming keyboard, featuring CHERRY MK Crystal Magnetic switches and TMR sensing technology, combines precise input and ultra-fast response times with a compact, stylish design. The key component of CHERRY XTRFY‘s new gaming keyboard is Tunnel Magnetoresistance (TMR) technology, considered the next evolutionary step in magnetic switches. Compared to Hall Effect sensing, TMR delivers even greater precision by capturing extremely small changes in the magnetic field, enabling accuracy down to 0.01 mm. For gamers, this technology translates to noticeably higher sensitivity and shorter response times. Paired with CHERRY MagCrate software, it also enables complete control over every keystroke, including fine-tuning actuation points and assigning multiple functions to a single key based on how far or how long it’s pressed. The K5 Pro TMR Compact boasts an 8000 Hz polling rate, transmitting signals to the computer up to eight times per millisecond. Combined with TMR, which detects keystrokes without mechanical contact, the keyboard delivers maximum sensitivity, stable signals, and minimal latency. ARGB LED strip lighting elevates the setup with a dynamic spectrum of colors, enhancing the K5 Pro TMR’s sleek design. Advanced features further refine the experience: with hot-swap support, switches can be easily replaced with other magnetic options, while the keyboard's construction ensures a premium typing experience. A high-quality metal plate construction, combined with multi-layer damping and pre-lubricated, PCB-mounted stabilizers, guarantees smooth, vibration-free, and acoustically clear feedback. The compact 65% layout also provides the necessary freedom for wide mouse movements and ensures a clean, ergonomic setup. High-quality materials and a stylish design complete the package. Combined with ultra-fast TMR performance, the K5 Pro TMR is the ultimate tool for ambitious gamers who demand uncompromising precision, speed, and comfort. The CHERRY XTRFY K5 Pro TMR Compact is available now at a recommended retail price of EUR 149.99. Price Target Changed • Feb 13
Price target decreased by 30% to €0.70 Down from €1.00, the current price target is provided by 1 analyst. New target price is 28% above last closing price of €0.55. Stock is down 40% over the past year. The company is forecast to post a net loss per share of €0.82 next year compared to a net loss per share of €1.96 last year. 
