Reported Earnings • May 06
First quarter 2026 earnings released: EPS: €0.22 (vs €0.19 in 1Q 2025) First quarter 2026 results: EPS: €0.22 (up from €0.19 in 1Q 2025). Revenue: €183.2m (up 2.5% from 1Q 2025). Net income: €34.2m (up 15% from 1Q 2025). Profit margin: 19% (up from 17% in 1Q 2025). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Announcement • Apr 29
TeamViewer Introduces AI-Driven Scripting for Tia At Gartner Digital Workplace Summit TeamViewer introduced AI-driven scripting for Tia (TeamViewer Intelligent Agent) at the Gartner Digital Workplace Summit 2026 in London. Building on more than one million AI session summaries produced since launch, Tia can now learn from an organization's support history and turn resolved issues into ready-to-run automations, giving IT teams a faster, more consistent path to standardizing proven fixes. The release marks an important milestone in TeamViewer's Autonomous Endpoint Management (AEM) roadmap. The new capabilities address one of IT's most persistent inefficiencies: even when issues are resolved, the applied fixes are rarely captured in a way that prevents the same problem from recurring. Tia now tackles this in two connected steps: First, it draws on AI insights from real support sessions to ground its troubleshooting recommendations in an organization's actual support history and context, surfacing proven remediation steps from past sessions rather than relying on general knowledge. From there, IT teams can choose to turn any resolved session into a script that Tia generates based on the documented remediation steps. The automation is then ready for the team to review and refine before deploying it to selected devices or device groups. The release reflects how TeamViewer is building out its AEM vision in stages through TeamViewer ONE, its unified digital workplace platform: from secure remote support and real-time endpoint observability to in-session AI expert augmentation and knowledge capture, and now to AI-driven automations grounded in proven fixes. Each resolved incident makes the next one easier to prevent, as AI sessions and endpoint telemetry combine to surface recurring patterns across the IT environment. Where remote support platforms, DEX tools, and RMM solutions each address parts of this challenge in isolation, Tia connects them, grounding every automation in verified remediation steps drawn from the customer's own support history and relevant context. TeamViewer is unveiling the innovation at the Gartner Digital Workplace Summit 2026 in London, where the company is also presenting two sessions: "Building the Autonomous Workplace with a DEX Knowledge Layer" on April 28, and "The Top 3 DEX Myths Sabotaging Your Digital Strategy" on April 27. Attendees can visit TeamViewer at Expo Booth 207 or the Engagement Zone in the foyer on Level 1. Announcement • Apr 23
TeamViewer SE, Annual General Meeting, Jun 02, 2026 TeamViewer SE, Annual General Meeting, Jun 02, 2026, at 11:00 W. Europe Standard Time. Announcement • Apr 18
TeamViewer Unveils Agentless Access And Assist AR Enhancements At Hannover Messe TeamViewer unveiled key enhancements to its Agentless Access and Assist AR solutions, strengthening its portfolio for the AI-accelerated convergence of operational technology (OT) and IT environments. TeamViewer Agentless Access enables direct, zero-trust remote access to any kind of OT equipment. It routes access through an on-premises gateway, without requiring software installation on the endpoint itself. TeamViewer and Bechtle present a secure access gateway hardware that comes pre-configured with Agentless Access. This allows companies to deploy secure, scalable remote access and endpoint management to their industrial systems in a plug-and-play manner. The Bechtle partnership is complemented by a new Agentless Access release that offers extended protocol support, allowing seamless, secure access to legacy systems such as Windows XP. IT/OT teams can now keep these systems isolated from any direct internet access, while enabling use cases ranging from remote control to remote PLC programming. TeamViewer is also showcasing an AI-powered extension to its Assist AR solution at Hannover Messe. It helps industrial service teams to capture expert knowledge and use it to resolve unplanned downtimes faster and more consistently. By combining Augmented Reality with TeamViewer's AI agent Tia and its proprietary knowledge graph, support staff receive real-time suggestions during live video calls on how similar issues have been resolved in the past. This makes expert knowledge immediately available where and when it is needed most, streamlines support processes, and helps manufacturers reduce downtime, costs, and operational risk. Agentless Access and Assist AR will both be demonstrated live at the TeamViewer booth at Hannover Messe in Hall 15, stand E52. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €5.17, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 17x in the Software industry in Europe. Total loss to shareholders of 67% over the past three years. Reported Earnings • Mar 20
Full year 2025 earnings released: EPS: €0.75 (vs €0.77 in FY 2024) Full year 2025 results: EPS: €0.75 (down from €0.77 in FY 2024). Revenue: €746.8m (up 11% from FY 2024). Net income: €118.2m (down 3.9% from FY 2024). Profit margin: 16% (down from 18% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Announcement • Mar 06
Teamviewer Announces Enhancements to Microsoft Intune Integration TeamViewer announced enhancements to the integration between TeamViewer Tensor and Microsoft Intune. By preserving full operational context and eliminating the need to switch tools, the integration enables IT teams to resolve issues more efficiently. New functionalities include automated device synchronization across the two platforms, unattended remote access for Windows, macOS, and Android, as well as extended TeamViewer remote connectivity for Intune-enrolled devices that do not have the Company Portal app installed. Through automatic synchronization of device data between Microsoft Intune and TeamViewer Tensor, the integration provides accurate, near real-time visibility across platforms. This eliminates duplicate configuration efforts, reduces administrative overhead, and supports seamless management of distributed IT environments at scale. With support for Windows Local Administrator Password Solution (LAPS), TeamViewer enables secure, on-demand retrieval of privileged credentials, allowing IT teams to resolve issues efficiently while maintaining strong access controls within a single platform. It builds on Microsoft Entra ID and Intune security policies to enable conditional access enforcement, centralized auditability, and compliance-ready remote sessions within existing enterprise governance frameworks. The integration is available in private preview for selected enterprise customers and partners, with general availability planned in the coming weeks. Announcement • Mar 03
TeamViewer SE to Report Fiscal Year 2025 Results on Mar 18, 2026 TeamViewer SE announced that they will report fiscal year 2025 results on Mar 18, 2026 Announcement • Feb 24
Teamviewer Appoints Tim Koubek as President of the Americas TeamViewer has appointed Tim Koubek as President of TeamViewer Americas. Koubek is an accomplished enterprise sales leader with deep experience scaling infrastructure software businesses across the Americas and globally. As a multi-time Chief Revenue Officer, he has consistently delivered strong growth by implementing winning sales methodologies and building high-performing go-to-market teams. Koubek's proven track record includes serving as Senior Vice President of Sales at LogicMonitor, where he delivered exceptionally strong growth and helped shape the company's evolution from an infrastructure monitoring tool to a broader observability platform. At BMC Software, he owned a step-change in topline growth and sales productivity on the back of a highly disciplined playbook approach. Koubek has extensive expertise in enterprise sales across industries including highly regulated and complex environments. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €4.67, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 17x in the Software industry in Europe. Total loss to shareholders of 69% over the past three years. Reported Earnings • Feb 11
Full year 2025 earnings released: EPS: €0.75 (vs €0.77 in FY 2024) Full year 2025 results: EPS: €0.75 (down from €0.77 in FY 2024). Revenue: €746.8m (up 11% from FY 2024). Net income: €118.2m (down 3.9% from FY 2024). Profit margin: 16% (down from 18% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Dec 02
Teamviewer Announces Executive Changes TeamViewer announced the appointment of Finn Faldi as Executive Vice President Global Inside Sales. In this newly created role, Finn will join the Senior Leadership Team and unite and lead all inside sales teams across the Americas (AMS), EMEA, and APAC regions. The goal is to further streamline and strengthen a sales channel that has played a pivotal role in TeamViewer's commercial development and will continue to do so across products and customer categories. Finn Faldi has a strong track record of leadership at TeamViewer, having previously served as President, TeamViewer Americas, where he was instrumental in scaling the region's operations and driving growth. Since his departure in 2021, he has remained closely connected to TeamViewer as a Senior Advisor, while also advising and investing in other growth companies in the software sector. His return marks a further step in TeamViewer's ongoing efforts to optimize its global sales organization and accelerate growth across all regions. This leadership addition coincides with the departure of Georg Beyschlag, currently President TeamViewer Americas, who will leave TeamViewer at the end of the year after more than seven years of successful service in various leadership roles. Announcement • Nov 19
TeamViewer Launches Tia, the Intelligent Agent for Autonomous IT Support TeamViewer announced the next leap in its AI journey at Microsoft Ignite: Tia, the intelligent agent designed to transform how IT issues are found, fixed, and prevented. AI is evolving from guiding human decisions to taking meaningful action. Tia represents the next step in this shift, moving from assistive to agentic intelligence and turning AI from a passive advisor into an active problem solver. Integrated into TeamViewer ONE, Tia brings together the company's strengths in remote connectivity and digital employee experience to create a unified environment where IT problems can be identified and resolved autonomously. Tia operates across devices and systems, leveraging contextual insights from device and session data to detect, diagnose, and resolve issues faster. It learns how problems occur, recommends relevant remediations and automation, and generates the scripts to execute them. Routine disruptions such as login errors, configuration faults, or application slowdowns can be handled automatically within policy, while complex cases remain under IT oversight. It also provides customizable dashboards that give teams tailored views of key metrics, data sources, and trends to visualize anomalies, performance, and automation outcomes. This creates a continuous learning loop that helps IT anticipate issues and keeps employees productive. At its core, Tia runs on a multi-agent framework with specialized agents covering performance, connectivity, application support, and account management. These agents share intelligence to expand IT capacity, accelerate resolution, and improve long-term system stability. Announcement • Nov 10
TeamViewer Introduces Agentless Access to Secure and Simplify Remote Operations in Industrial Environments TeamViewer announced at the Gartner IT Symposium in Barcelona the launch of Agentless Access. The new feature in TeamViewer's enterprise platform, Tensor, allows manufacturers and machine builders (OEMs) to remotely work on machines and other operational technology (OT) systems, without installing software on each device. The solution strengthens cybersecurity and compliance across connected production environments while reducing complexity for both IT and OT teams. TeamViewer Tensor is now fully optimized for operational technology and industrial remote operations. Clients such as Schwabische Werkzeugmaschinen GmbH already use it for remote PLC programming, allowing them to control and automate machines on the shop floor. The newly launched Agentless Access extends this capability, providing centralized management and simplified configuration for OT endpoints, including human-machine interfaces (HMIs), legacy systems, and closed devices, without installing software on each devices. Combined with Tensor's Hybrid Conditional Access, this gives manufacturers a complete solution for secure, flexible, and controlled connectivity across highly segmented networks, while streamlining maintenance and troubleshooting workflows. As factories modernize and become more connected, industrial systems are increasingly exposed to cyberattacks. Organizations need secure, flexible connectivity solutions that protect critical systems while maximizing uptime, ensuring compliance, and maintaining operational control. Agentless Access addresses these challenges by allowing manufacturers to work directly on PLCs (programmable logic controllers) and HMIs for maintenance or troubleshooting without making software changes to the devices, eliminating a major operational barrier that can introduce risk or downtime. TeamViewer Tensor for operational technology enforces zero-trust remote access across segmented networks and protects them with granular access controls, protocol isolation, and full audit logging. This way, IT teams maintain governance and visibility, while OT teams retain operational control and safety. As IT and OT environments increasingly intersect, Agentless Access enables secure collaboration across both domains through one platform. TeamViewer will present the new feature and other innovations for secure remote operations at Smart Remote Service in Berlin and Microsoft Ignite in San Francisco, showing how manufacturers can strengthen cybersecurity and operational efficiency. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €6.50, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 22x in the Software industry in Europe. Total loss to shareholders of 33% over the past three years. Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: €0.18 (vs €0.25 in 3Q 2024) Third quarter 2025 results: EPS: €0.18 (down from €0.25 in 3Q 2024). Revenue: €189.5m (up 12% from 3Q 2024). Net income: €28.7m (down 28% from 3Q 2024). Profit margin: 15% (down from 23% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. New Risk • Oct 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 Austrian stocks, typically moving 5.6% 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 Risk Share price has been highly volatile over the past 3 months (5.6% average weekly change). Minor Risk High level of debt (1,058% net debt to equity). Reported Earnings • Jul 29
Second quarter 2025 earnings released: EPS: €0.14 (vs €0.17 in 2Q 2024) Second quarter 2025 results: EPS: €0.14 (down from €0.17 in 2Q 2024). Revenue: €185.6m (up 13% from 2Q 2024). Net income: €22.6m (down 15% from 2Q 2024). Profit margin: 12% (down from 16% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. New Risk • May 26
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 Austrian stocks, typically moving 6.7% 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: Minor Risks High level of debt (964% net debt to equity). Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • May 06
First quarter 2025 earnings released: EPS: €0.19 (vs €0.14 in 1Q 2024) First quarter 2025 results: EPS: €0.19 (up from €0.14 in 1Q 2024). Revenue: €178.8m (up 11% from 1Q 2024). Net income: €29.6m (up 33% from 1Q 2024). Profit margin: 17% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 05
TeamViewer Launches DEX Essentials, Expanding Digital Workplace Innovation TeamViewer announced the upcoming launch of TeamViewerDEX Essentials--a new offering designed to bring digital employee experience (DEX) capabilities to its entire customer base, including small and medium-sized businesses, for the first time. DEX platforms have traditionally been tailored to meet the scale and demands of large enterprises managing thousands of employees and devices. With DEX Essentials, TeamViewer is extending those powerful capabilities to its existing customer base, especially to smaller, fast-moving businesses, delivering an out-of-the-box, easy-to-deploy solution that helps IT teams proactively manage and optimize the digital workplace at any scale. TeamViewer DEX Essentials gives IT teams the tools to: Prevent downtime by resolving performance, app, operating system, and network issues before users notice; Automate routine fixes to reduce ticket volumes and free up IT for strategic work; Ensure stability and security across devices without interrupting productivity; Gain actionable insights to improve compliance, user experience, and system health. Announcement • Apr 17
TeamViewer SE, Annual General Meeting, May 28, 2025 TeamViewer SE, Annual General Meeting, May 28, 2025, at 11:00 W. Europe Standard Time. Reported Earnings • Mar 23
Full year 2024 earnings released: EPS: €0.77 (vs €0.66 in FY 2023) Full year 2024 results: EPS: €0.77 (up from €0.66 in FY 2023). Revenue: €671.4m (up 7.1% from FY 2023). Net income: €123.1m (up 8.0% from FY 2023). Profit margin: 18% (in line with FY 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 14
Full year 2024 earnings released: EPS: €0.77 (vs €0.66 in FY 2023) Full year 2024 results: EPS: €0.77 (up from €0.66 in FY 2023). Revenue: €671.4m (up 7.1% from FY 2023). Net income: €123.1m (up 8.0% from FY 2023). Profit margin: 18% (in line with FY 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jan 08
TeamViewer SE to Report Q4, 2024 Results on Jan 08, 2025 TeamViewer SE announced that they will report Q4, 2024 results at 5:30 PM, Central European Standard Time on Jan 08, 2025 Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €10.40, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Software industry in Europe. Total loss to shareholders of 10% over the past three years. Announcement • Dec 11
TeamViewer SE (XTRA:TMV) agreed to acquire 1E Ltd from Carlyle Europe Technology Partners IV, managed by The Carlyle Group Inc. (NasdaqGS:CG) for enterprise value of $720 million. TeamViewer SE (XTRA:TMV) agreed to acquire 1E Ltd from Carlyle Europe Technology Partners IV, managed by The Carlyle Group Inc. (NasdaqGS:CG) for enterprise value of $720 million on December 9, 2024. TeamViewer SE signed definitive agreement to acquire 1E Ltd from Carlyle Europe Technology Partners IV, managed by The Carlyle Group Inc. (NasdaqGS:CG) on December 10, 2024. It is all cash transaction. The acquisition will be Financing via existing credit lines and new debt instruments. Mark Banfield, CEO of 1E, will join TeamViewer as CCO after closing. The transaction is subject to approval by regulatory board / committee. The transaction is expected to complete in early 2025. Arma Partners LLP acted as financial advisor for 1E Ltd. New Risk • Dec 10
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 Austrian stocks, typically moving 6.4% 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 (6.4% average weekly change). Minor Risk High level of debt (608% net debt to equity). Announcement • Dec 03
TeamViewer Introduces Smart Service Solution TeamViewer introduced TeamViewer Smart Service. Designed for after-sales support, this solution helps manufacturers of machinery and equipment (OEMs) efficiently troubleshoot issues at customer sites. By unifying software and hardware support in one solution, Smart Service enables manufacturers to minimize downtime, address workforce challenges, and streamline complex operations across IT and OT environments. TeamViewer Smart Service offers OEMs in various sectors, including industrial manufacturing, agriculture, healthcare, and professional electronics, a comprehensive toolkit to support the detection, reporting, and immediate resolution of machine issues. Leveraging industry-proven augmented reality (AR) for expert-guided problem resolution, TeamViewer Smart Service enables swift handling of physical defects through remote assistance, while remote machine access resolves software issues — all secured with industry-grade security. In addition to these capabilities, Smart Service goes beyond simple screen sharing. Features like port forwarding and VPN extension enable seamless and secure connectivity, even for complex OT environments, ensuring efficient and reliable support for high-stakes operational needs. To facilitate seamless communication during remote assistance calls, TeamViewer Smart Service includes live captions of language with optional real-time translation capabilities. This feature enables global collaboration by reducing language barriers and enhancing communication, even in noisy environments. Additionally, these captions can be transcribed and saved automatically, creating detailed records of troubleshooting sessions. This built-in documentation capability helps OEMs maintain a comprehensive knowledge base, accelerating issue resolution by allowing teams to reference past solutions. By integrating these tools, Smart Service supports end-to-end troubleshooting, equipping on-site technicians with real-time expert guidance while enhancing workforce training and operational efficiency. As industries increasingly rely on complex, high-tech, and individualized equipment, this level of support becomes essential. Beyond improving response times and reducing costs, TeamViewer Smart Service also enables manufacturers to lower their carbon footprint by reducing the need for travel to service and maintain equipment. In light of stricter ESG reporting requirements, TeamViewer's solution meets both operational and environmental goals by minimizing travel while offering comprehensive support for IT and OT environments. Reported Earnings • Nov 07
Third quarter 2024 earnings released: EPS: €0.25 (vs €0.16 in 3Q 2023) Third quarter 2024 results: EPS: €0.25 (up from €0.16 in 3Q 2023). Revenue: €168.7m (up 6.7% from 3Q 2023). Net income: €39.5m (up 49% from 3Q 2023). Profit margin: 23% (up from 17% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: €0.16 (vs €0.20 in 2Q 2023) Second quarter 2024 results: EPS: €0.16 (down from €0.20 in 2Q 2023). Revenue: €164.1m (up 6.5% from 2Q 2023). Net income: €26.5m (down 22% from 2Q 2023). Profit margin: 16% (down from 22% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • May 09
TeamViewer SE Reiterates Revenue Guidance for the Full Year 2024 TeamViewer SE reiterated revenue guidance for the full year 2024. The company is firmly on track to deliver on its guidance for fiscal year 2024. The company reiterates its revenue outlook of EUR 660 million to EUR 685 million based on an average FX rate of 2023. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: €0.14 (vs €0.13 in 1Q 2023) First quarter 2024 results: EPS: €0.14. Revenue: €161.7m (up 6.8% from 1Q 2023). Net income: €22.3m (down 3.5% from 1Q 2023). Profit margin: 14% (down from 15% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe. Reported Earnings • Mar 14
Full year 2023 earnings released: EPS: €0.66 (vs €0.37 in FY 2022) Full year 2023 results: EPS: €0.66 (up from €0.37 in FY 2022). Revenue: €626.7m (up 11% from FY 2022). Net income: €114.0m (up 69% from FY 2022). Profit margin: 18% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. New Risk • Feb 09
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: -87% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (-87% net debt to equity). Share price has been volatile over the past 3 months (4.5% average weekly change). Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: €0.66 (vs €0.37 in FY 2022) Full year 2023 results: EPS: €0.66 (up from €0.37 in FY 2022). Revenue: €626.7m (up 11% from FY 2022). Net income: €114.0m (up 69% from FY 2022). Profit margin: 18% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. New Risk • Jan 19
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 Austrian stocks, typically moving 4.7% 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 (4.7% average weekly change). Minor Risk High level of debt (487% net debt to equity). New Risk • Nov 03
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 487% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: €0.16 (vs €0.091 in 3Q 2022) Third quarter 2023 results: EPS: €0.16 (up from €0.091 in 3Q 2022). Revenue: €158.1m (up 10% from 3Q 2022). Net income: €26.5m (up 61% from 3Q 2022). Profit margin: 17% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: €0.20 (vs €0.063 in 2Q 2022) Second quarter 2023 results: EPS: €0.20 (up from €0.063 in 2Q 2022). Revenue: €154.2m (up 12% from 2Q 2022). Net income: €34.0m (up 191% from 2Q 2022). Profit margin: 22% (up from 8.5% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Announcement • Jul 14
TeamViewer SE Announces Management Changes TeamViewer SE, appointed Mei Dent as Chief Product and Technology Officer, starting 31 August 2023. She will join the management board of TeamViewer SE alongside CEO Oliver Steil, CFO Michael Wilkens and CCO Peter Turner. Mei will drive the company’s product vision and overall innovation strategy and will head TeamViewer’s global product management, solution delivery and R&D teams including its software development hubs in Germany, Austria, Greece and Portugal. With this newly created role that anchors all technology responsibilities in the management board, TeamViewer underlines the strategic importance of product development and innovation for the company. Mei Dent has an excellent track record as a technology executive in the software and IT industry. She started her career as a software developer at IBM and spent nearly 25 years in various product and engineering related leadership roles at Canadian software giant OpenText. As VP R&D at OpenText, she successfully pioneered the first multi-tenant SaaS product for the company and therefore developed a key element of OpenText’s cloud offering. As part of the senior leadership team of the company’s software development organization, she was also responsible for global engineering practices and processes for security, performance, user experience, as well as reusable and shared services. In her most recent role as CTO at customer communications management and engagement software provider Doxim, Mei led the entire technology organization and scaled it to support the company’s growth. She was responsible for the full lifecycle of Doxim’s platform development as well as product integration in the context of Doxim’s acquisitions. Mei holds a Master in Computer Science from the Western University in Ontario. She will be based in Goppingen, Germany. Dr. Mike Eissele, TeamViewer’s current CTO, and Dr. Hendrik Witt, TeamViewer’s current CPO will leave the company at the end of 2023 after a transition phase and a comprehensive handover to Mei. Beyond that, both remain available with their extensive knowledge to support the company further as needed. Mike leaves TeamViewer after more than 14 years and numerous successful product launches and releases as well as pioneering the use of Augmented Reality software at TeamViewer. Under his leadership the company built dedicated software development hubs outside of Germany to become more flexible in R&D. Hendrik joined TeamViewer three years ago with the acquisition of Augmented Reality software specialist Ubimax. The founder and former CEO of Ubimax will leave TeamViewer as planned after a very successful journey with the company and a complete integration of Ubimax’s product offering “Frontline” into TeamViewer’s solution portfolio as well as the recent go live of TeamViewer Remote, the company’s upgraded remote access and support solution for SMB customers and non-commercial users. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: €0.13 (vs €0.075 in 1Q 2022) First quarter 2023 results: EPS: €0.13 (up from €0.075 in 1Q 2022). Revenue: €151.3m (up 13% from 1Q 2022). Net income: €23.1m (up 58% from 1Q 2022). Profit margin: 15% (up from 11% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: €0.37 (vs €0.25 in FY 2021) Full year 2022 results: EPS: €0.37 (up from €0.25 in FY 2021). Revenue: €565.9m (up 13% from FY 2021). Net income: €67.6m (up 35% from FY 2021). Profit margin: 12% (up from 10.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 23% per year. Reported Earnings • Feb 08
Full year 2022 earnings released: EPS: €0.37 (vs €0.25 in FY 2021) Full year 2022 results: EPS: €0.37 (up from €0.25 in FY 2021). Revenue: €565.9m (up 13% from FY 2021). Net income: €67.6m (up 35% from FY 2021). Profit margin: 12% (up from 10.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 24% per year. Announcement • Dec 08
TeamViewer AG to Report Q4, 2022 Results on Feb 07, 2023 TeamViewer AG announced that they will report Q4, 2022 results at 12:00 PM, Central European Standard Time on Feb 07, 2023 Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: €0.091 (vs €0.018 in 3Q 2021) Third quarter 2022 results: EPS: €0.091 (up from €0.018 in 3Q 2021). Revenue: €143.4m (up 12% from 3Q 2021). Net income: €16.5m (up 347% from 3Q 2021). Profit margin: 12% (up from 2.9% in 3Q 2021). 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 9.3% growth forecast for the Software industry in Europe. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 24% per year. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: €0.063 (vs €0.073 in 2Q 2021) Second quarter 2022 results: EPS: €0.063 (down from €0.073 in 2Q 2021). Revenue: €137.5m (up 12% from 2Q 2021). Net income: €11.7m (down 20% from 2Q 2021). Profit margin: 8.5% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 13% growth forecast for the industry in Austria. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €9.77, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 27x in the Software industry in Europe. Total loss to shareholders of 70% over the past year. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €10.23, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 27x in the Software industry in Europe. Total loss to shareholders of 68% over the past year. Reported Earnings • May 05
First quarter 2022 earnings released: EPS: €0.075 (vs €0.016 in 1Q 2021) First quarter 2022 results: EPS: €0.075 (up from €0.016 in 1Q 2021). Revenue: €134.5m (up 14% from 1Q 2021). Net income: €14.7m (up 353% from 1Q 2021). Profit margin: 11% (up from 2.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 15%, compared to a 18% growth forecast for the industry in Austria. Announcement • May 05
TeamViewer Brings Artificial Intelligence to the Shopfloor TeamViewer announced the launch of AiStudio, a fully integrated Artificial Intelligence (AI) add-on to TeamViewer's leading enterprise Augmented Reality (AR) platform Frontline. AiStudio consists of a self-learning algorithm to train AI models for image and object recognition. Following TeamViewer's no-code approach for the Frontline platform, the use of AiStudio does not require any programming skills. This enables all customers to easily add AI capabilities to their day-to-day operations and improve their processes through automated verification. Global customers from the food and beverage industry such as NSF participated in a closed early access program of AiStudio and have already developed AI-supported TeamViewer Frontline workflows for quality assurance and workplace safety, further improving productivity and efficiency. Use cases include the automated verification that hygiene gloves are worn during food preparation processes, as well as confirmation of the correct commissioning in warehouse logistics. Other scenarios for the add-on range from quality assurance with AI-based detection of damaged or wrongly assembled products, to automatically recognizing factory equipment such as industrial machines and instantly providing additional information such as relevant maintenance instructions via augmented reality software. Two out-of-the-box AI capabilities will be available for all customers with a Frontline license: one can detect common shopfloor warning signs through the smart glasses' camera, the other one can detect if safety helmets are worn. Companies can easily implement further individual automated safety checks, adding an AI-based layer of workplace security. Announcement • May 04
TeamViewer AG Announces Unchanged Earnings Guidance for the Year 2022 TeamViewer AG announced unchanged earnings guidance for the year 2022. Despite this impact, TeamViewer confirmed its full year guidance and continues to target high teens billings growth and to expect billings in a range of EUR 630 million - EUR 650 million. Revenue is expected to increase in the mid-teens to EUR 565 million to EUR 580 million. The adjusted EBITDA margin continues to be expected to lie between 45% and 47%. This guidance, however, is subject to the overall uncertainty and macro-economic situation which - depending on further developments - may impact demand growth for TeamViewer's solutions. Announcement • May 03
TeamViewer Ag Appoints Peter Turner as Chief Commercial Officer and Member of the Executive Board TeamViewer AG announced that Peter Turner, formerly Chief Commercial Officer at Avast plc, will become Chief Commercial Officer (CCO) and member of the Executive Board of TeamViewer AG, effective mid-July 2022. His areas of responsibility will be Marketing, Pricing and Packaging as well as E-Commerce. With his extensive expertise in a growing software company and in driving subscription business models towards increasing customer retention and sustainable business growth, Peter Turner will advance TeamViewer's commercial strategy and strengthen its core business. A proven executive with more than 30 years of experience in transforming consumer businesses through insight driven strategies and strong leadership skills, Peter Turner was most recently Chief Commercial Officer at Avast. At the cybersecurity software company, he was responsible for more than $900 million revenue across all market segments leading teams successfully driving billings growth and customer centricity. Prior to joining Avast, British national Peter Turner was Managing Director, Consumer Services and member of the UK leadership team at information services and data analytics provider Experian. Apart from that, he has held Consumer and Marketing positions at Tiscali, Sainsbury's Bank and Orange among others. Announcement • Mar 31
TeamViewer AG to Report Fiscal Year 2021 Results on Apr 05, 2022 TeamViewer AG announced that they will report fiscal year 2021 results on Apr 05, 2022 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improved over the past week After last week's 18% share price gain to €14.43, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 31x in the Software industry in Europe. Total loss to shareholders of 62% over the past year. Reported Earnings • Mar 19
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €0.25 (down from €0.52 in FY 2020). Revenue: €501.1m (up 10.0% from FY 2020). Net income: €50.1m (down 51% from FY 2020). Profit margin: 10.0% (down from 23% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 19% growth forecast for the industry in Austria. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €11.81, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 29x in the Software industry in Europe. Total loss to shareholders of 72% over the past year. Reported Earnings • Feb 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €0.25 (down from €0.52 in FY 2020). Revenue: €501.1m (up 10.0% from FY 2020). Net income: €50.1m (down 51% from FY 2020). Profit margin: 10.0% (down from 23% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 20% growth forecast for the industry in Austria. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 17% share price gain to €14.26, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 34x in the Software industry in Europe. Total loss to shareholders of 67% over the past year. Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS €0.018 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €127.7m (up 8.9% from 3Q 2020). Net income: €3.69m (down 88% from 3Q 2020). Profit margin: 2.9% (down from 27% in 3Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment deteriorated over the past week After last week's 30% share price decline to €17.75, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 35x in the Software industry in Europe. Total loss to shareholders of 57% over the past year. Announcement • Oct 01
TeamViewer Announces Newly Developed Solution TeamViewer Classroom that Enables Interactive Collaboration in Schools, Universities, and Other Educational Institutions TeamViewer announced a newly developed solution TeamViewer Classroom that enables interactive collaboration in schools, universities, and other educational institutions. TeamViewer Classroom is available across the Americas but will initially focus on European markets as it is the first fully GDPR-compliant solution from a European global player that does not use third-party providers. A special focus is put on functionalities that go far beyond the possibilities of simple online meetings, such as the joint editing of uploaded documents, digital boards, separate rooms for group work as well as real-time surveys within the learning groups. Through extensive moderation rights, teachers can guide interactions among participants and document the outcomes of meetings. In addition, teachers can store their documents online so that they can be used for other learning units at any time. Connecting other various learning platforms is also possible via plugin and open API. Classroom is developed by TeamViewer end-to-end in Europe and hosted and operated on its own servers. It complies with all the regulations of the European General Data Protection Regulation (GDPR) and places a special focus on accessibility. The completely web-based solution only requires users to have a common browser on their PC, laptop, tablet, or smartphone and therefore also works on older devices and independent of operating systems. In addition to providing and operating the solution, TeamViewer also provides technical support. Executive Departure • Aug 10
Independent Member of the Supervisory Board Holger Felgner has left the company On the 3rd of August, Holger Felgner's tenure as Independent Member of the Supervisory Board ended. We don't have any record of a personal shareholding under Holger's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.96 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Aug 04
Second quarter 2021 earnings released: EPS €0.074 (vs €0.15 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €122.8m (up 7.1% from 2Q 2020). Net income: €14.7m (down 52% from 2Q 2020). Profit margin: 12% (down from 26% in 2Q 2020). The decrease in margin was driven by higher expenses. Announcement • Jul 23
TeamViewer Remote Control App Adds Biometric Security Protection TeamViewer announced it has added another layer of security to its TeamViewer Remote Control app, along with several new usability improvements. TeamViewer Remote Control app is an intuitive way to remotely control computers, tablets, smartphones and other devices from a mobile device. This new security feature leverages native biometrics face and fingerprint authentication on Apple and Android mobile devices. The TeamViewer Remote Control app can now be locked behind biometric authentication, which prevents unauthorized access even if the mobile device is left unlocked. Unauthorized access can similarly be blocked on the account-level in TeamViewer with two-factor authentication (TFA) and incoming connections can also be verified via TFA push notifications. After one or multiple mobile devices are registered, users will be asked to allow or deny each connection via the registered devices. The optional security features are recommended by many security experts and can be set up for all TeamViewer remote control connections. Additional embedded security features include a 'black screen' for connections from mobile devices, keeping the information being accessed on the remotely located device private, and all connections are protected with end-to-end 256-bit AES encryption and other industry-grade security features. Version updates include: Biometric protection with iOS FaceID/TouchID and Android Face/Fingerprint Recognition, Improved in-session interactions such as remote reboot and more intuitive use of black screen, Redesigned user interface makes it even easier to fill in text fields and to use keyboard short-cuts like F5 and Ctrl+Alt, Full mouse support for iPads improves productivity on tablets and Minor fixes and performance improvements. Reported Earnings • May 07
First quarter 2021 earnings released: EPS €0.016 (vs €0.061 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: €118.3m (up 15% from 1Q 2020). Net income: €3.25m (down 73% from 1Q 2020). Profit margin: 2.7% (down from 12% in 1Q 2020). The decrease in margin was driven by higher expenses. Announcement • May 06
TeamViewer Provides Revenue Guidance for the Year 2021 TeamViewer provided revenue guidance for the year 2021. Full year revenue should be in the range of EUR 525 million and EUR 540 million as a deferred revenue related to billings in First Quarter will now be released during the remainder of the year. And therefore, the gap between revenue and billings will be less pronounced in the remaining quarters. Announcement • Apr 29
TeamViewer AG Adds Additional Layer of Security for Incoming Connections TeamViewer AG announced it will enable two-factor authentication (TFA) for incoming connections to complement with existing security features, like TFA for accounts and the end-to-end encryption of connections TeamViewer is known for. TeamViewer accounts already could be secured with two-factor authentication, which is recommended by security experts. However, incoming connections can now be secured with TFA to raise awareness of every connection established at any point in time. The optional security feature can be set up for all TeamViewer remote control connections and is executed via push notifications. After one or multiple mobile devices are registered, users will be asked to allow or deny each connection via the registered devices. Executive Departure • Apr 27
Chief Marketing Officer has left the company On the 19th of April, Gautam Goswami's tenure as Chief Marketing Officer ended after 2.1 years in the role. We don't have any record of a personal shareholding under Gautam's name. Gautam is the only executive to leave the company over the last 12 months. Reported Earnings • Mar 27
Full year 2020 earnings released The company reported a mediocre full year result with weaker profit margins, although earnings were flat and revenues improved. Full year 2020 results: Revenue: €455.6m (up 17% from FY 2019). Net income: €103.0m (flat on FY 2019). Profit margin: 23% (down from 27% in FY 2019). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €36.00, the stock trades at a forward P/E ratio of 79x. Average forward P/E is 36x in the Software industry in Europe. Total returns to shareholders of 9.7% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €65.02 per share. Announcement • Mar 04
TeamViewer AG (XTRA:TMV) acquired Upskill, Inc. TeamViewer AG (XTRA:TMV) acquired Upskill, Inc. on March 2, 2021. Upskill team will join TeamViewer.
TeamViewer AG (XTRA:TMV) completed the acquisition of Upskill, Inc. on March 2, 2021. Announcement • Feb 27
TeamViewer Announces Launch of the TeamViewer Web Client for All Subscribers of a Remote Access, Premium, Corporate or Tensor License TeamViewer announced the launch of the TeamViewer Web Client for all subscribers of a Remote Access, Premium, Corporate or Tensor license. The HTML 5-based web client allows secure remote access to other devices via Chrome, Firefox, Opera and Edge browsers. The connection can be started from the contact list of the TeamViewer Management Console, which can also be accessed online. The web client allows access to Windows, MacOS and Linux devices that use a full version of TeamViewer, TeamViewer Host or TeamViewer QuickSupport. TeamViewer subscribers have long had access to the web version of the TeamViewer Management Console, where they can monitor and manage their devices. With web-based remote access, customers can now establish a browser-based TeamViewer remote control connection from the Management Console without having to install a TeamViewer client – quickly and easily. Like all TeamViewer connections, this is end-to-end encrypted and includes proven functionalities such as controlling the input devices, updating, locking or restarting the computer as well as activating the security screen, which blackens the screen of the accessed computer. Support via web client is particularly relevant if the usual device with the existing TeamViewer installation is not available, but there is a need for quick access. Likewise, support is available from devices on which software installations are blocked by default. Is New 90 Day High Low • Feb 13
New 90-day high: €45.51 The company is up 14% from its price of €39.84 on 13 November 2020. The Austrian market is up 24% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €63.08 per share. Reported Earnings • Feb 11
Full year 2020 earnings released The company reported a mediocre full year result with weaker profit margins, although earnings were flat and revenues improved. Full year 2020 results: Revenue: €455.6m (up 17% from FY 2019). Net income: €103.0m (flat on FY 2019). Profit margin: 23% (down from 27% in FY 2019). The decrease in margin was driven by higher expenses. Analyst Estimate Surprise Post Earnings • Feb 11
Revenue misses expectations Revenue missed analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 18%, compared to a 20% growth forecast for the Software industry in Austria. Announcement • Jan 20
TeamViewer AG (XTRA:TMV) acquired Xaleon. TeamViewer AG (XTRA:TMV) acquired Xaleon on January 19, 2021. The transaction is in double-digit million fixed component, comprising an upfront cash payment and further annual cash awards for four years, the total consideration is enhanced by a variable earn-out component linked to certain performance targets over a four-year period.
TeamViewer AG (XTRA:TMV) completed the acquisition of Xaleon on January 19, 2021. Announcement • Jan 14
TeamViewer Integrates Enhanced TeamViewer Meeting TeamViewer announced the integration of an enhanced TeamViewer Meeting into the TeamViewer client to start one-click meetings right from the existing TeamViewer application. TeamViewer Meeting, recently rebranded from blizz and now visibly belonging to the TeamViewer product family, is being added for free to all TeamViewer clients, bringing all the benefits of a modern video conference and online meeting solution to TeamViewer users while providing the highest standards of security and encryption TeamViewer is known for. The integrated meeting in the TeamViewer client is fully compatible with the stand-alone TeamViewer Meeting product, enabling end-to-end encrypted VoIP meetings when joining in via the TeamViewer Meeting iOS or Android app on mobile devices, which is now possible for all TeamViewer users. Additional features are instant meetings right from the contact list, HD-quality video, 4k multi-monitor-screensharing, an Outlook integration, recordings of meetings and the possibility to lock meetings as well as protect them with passwords to further increase privacy. For subscribers, TeamViewer Meeting also offers phone dial-in numbers which can be enabled or disabled by the host. The new TeamViewer Meeting is accessible right from the TeamViewer client without further installation for all non-commercial users of TeamViewer as well as paying customers of all subscription plans from now on (Remote Access subscriptions will follow shortly). For non-commercial users, participants will be limited to five while paying customers will be able to host meetings with up to ten participants. Optional packages allow users to extend the size of the meetings to up to 50, 100 or 300 participants. For best compatibility with the stand-alone client, updating to the latest version 15.13 is recommended. 
