Announcement • Jun 15
hGears AG Lars Announces Management Changes The shareholders of hGears AG at the Annual General Meeting held on 11 June 2026, approved the appointment of Lars Ahns to the Supervisory Board for a five-year term. At the same time, Christophe Hemmerle’s term on the Supervisory Board expired. Price Target Changed • May 20
Price target decreased by 36% to €1.80 Down from €2.80, the current price target is provided by 1 analyst. New target price is 103% above last closing price of €0.89. Stock is down 44% over the past year. The company is forecast to post a net loss per share of €1.04 next year compared to a net loss per share of €2.68 last year. Announcement • May 06
hGears AG to Report Q1, 2026 Results on May 12, 2026 hGears AG announced that they will report Q1, 2026 results at 7:30 AM, Central European Standard Time on May 12, 2026 Announcement • Apr 30
hGears AG, Annual General Meeting, Jun 11, 2026 hGears AG, Annual General Meeting, Jun 11, 2026, at 10:00 W. Europe Standard Time. Announcement • Feb 03
hGears AG to Report Fiscal Year 2025 Results on Mar 25, 2026 hGears AG announced that they will report fiscal year 2025 results at 7:30 AM, Central European Standard Time on Mar 25, 2026 Announcement • Jun 14
hGears AG Announces Board Changes hGears AG announced at the AGM held on June 11, 2025, approved Marco Freiherr von Maltzan was elected to the Supervisory Board with 90.27 % of the votes and appointed to this position until 2030. Mr. von Maltzan was subsequently elected Chairman of the Supervisory Board at a constituent meeting. His extensive experience and proven expertise as a manager in top international positions make him the ideal Chairman of the Supervisory Board. He succeeds Professor Volker Stauch, who stepped down from his position for personal reasons. The Management Board, Supervisory Board and the entire company would like to express their sincere thanks to Professor Volker Stauch. He has helped shape the development of the company for more than 13 years and has led it as Chairman of the Supervisory Board since the IPO. Announcement • May 01
hGears AG, Annual General Meeting, Jun 11, 2025 hGears AG, Annual General Meeting, Jun 11, 2025, at 10:00 W. Europe Standard Time. Announcement • Apr 10
hGears AG Announces Board Changes hGears AG announced that Prof. Dr. Volker Stauch, Chairman of the Supervisory Board of the company, has informed the Board that he will resign from his position as Chairman of the Supervisory Board and as a member of the Supervisory Board for personal reasons with effect from the end of the Annual General Meeting of the company to be held in Schramberg on 11 June 2025. Mr. Marco Freiherr von Maltzan will stand for election as successor to Prof. Dr. Volker Stauch as Chairman of the Supervisory Board. Mr. Marco Freiherr von Maltzan is Chairman of the Supervisory Board at WKW AG, Chairman of the Advisory Board at Walter Klein GmbH & Co. KG, Chairman of the Advisory Board at UKM Holding, Vice Chairman of the Shareholders’ Committee and Member of the Audit Committee at Pfeifer & Langen Industrie- und Handels-KG and Member of the Board of Directors at RGP Resources Global Professionals Inc. Announcement • Mar 17
hGears AG to Report Fiscal Year 2024 Results on Mar 26, 2025 hGears AG announced that they will report fiscal year 2024 results on Mar 26, 2025 Reported Earnings • Aug 18
First half 2024 earnings released: €0.78 loss per share (vs €0.54 loss in 1H 2023) First half 2024 results: €0.78 loss per share (further deteriorated from €0.54 loss in 1H 2023). Revenue: €51.1m (down 11% from 1H 2023). Net loss: €8.09m (loss widened 45% from 1H 2023). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. New Risk • Aug 14
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €16m Forecast net loss in 2 years: €2.4m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (27% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€2.4m net loss in 2 years). Market cap is less than US$100m (€23.8m market cap, or US$26.3m). Price Target Changed • Jul 23
Price target decreased by 13% to €2.73 Down from €3.13, the current price target is an average from 3 analysts. New target price is 14% above last closing price of €2.40. Stock is down 36% over the past year. The company is forecast to post a net loss per share of €1.53 next year compared to a net loss per share of €1.33 last year. New Risk • Jun 13
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €14m Forecast net loss in 2 years: €4.9m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (25% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€4.9m net loss in 2 years). Market cap is less than US$100m (€29.2m market cap, or US$31.6m). Reported Earnings • Mar 31
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: €1.33 loss per share (further deteriorated from €0.081 loss in FY 2022). Revenue: €113.7m (down 17% from FY 2022). Net loss: €13.8m (loss widened €13.0m from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 63%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto Components industry in Germany. Buy Or Sell Opportunity • Feb 22
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 38% to €3.11. The fair value is estimated to be €2.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last year. Meanwhile, the company became loss making. Revenue is forecast to decline by 1.3% in 2 years. Earnings are forecast to grow by 2.2% in the next 2 years. Announcement • Feb 06
hGears AG to Report Fiscal Year 2023 Results on Mar 27, 2024 hGears AG announced that they will report fiscal year 2023 results at 7:30 AM, Central European Standard Time on Mar 27, 2024 Price Target Changed • Nov 01
Price target decreased by 13% to €5.83 Down from €6.70, the current price target is an average from 3 analysts. New target price is 179% above last closing price of €2.09. Stock is down 70% over the past year. The company is forecast to post a net loss per share of €0.78 next year compared to a net loss per share of €0.081 last year. Announcement • Oct 30
hGears AG to Report Q3, 2023 Results on Nov 08, 2023 hGears AG announced that they will report Q3, 2023 results at 7:30 AM, Central European Standard Time on Nov 08, 2023 Reported Earnings • Aug 11
First half 2023 earnings released: €0.54 loss per share (vs €0.086 loss in 1H 2022) First half 2023 results: €0.54 loss per share (further deteriorated from €0.086 loss in 1H 2022). Revenue: €57.2m (down 19% from 1H 2022). Net loss: €5.58m (loss widened €4.69m from 1H 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Auto Components industry in Germany. Announcement • Aug 01
hGears AG to Report Q2, 2023 Results on Aug 09, 2023 hGears AG announced that they will report Q2, 2023 results on Aug 09, 2023 Price Target Changed • Jun 07
Price target decreased by 9.2% to €7.27 Down from €8.00, the current price target is an average from 3 analysts. New target price is 53% above last closing price of €4.76. Stock is down 71% over the past year. The company is forecast to post a net loss per share of €0.54 next year compared to a net loss per share of €0.081 last year. Reported Earnings • Mar 31
Full year 2022 earnings released: €0.08 loss per share (vs €0.34 profit in FY 2021) Full year 2022 results: €0.08 loss per share (down from €0.34 profit in FY 2021). Revenue: €139.4m (up 3.3% from FY 2021). Net loss: €841.0k (down 136% from profit in FY 2021). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Auto Components industry in Germany. Price Target Changed • Nov 16
Price target decreased to €11.00 Down from €13.67, the current price target is an average from 3 analysts. New target price is 48% above last closing price of €7.42. Stock is down 69% over the past year. The company is forecast to post earnings per share of €0.034 for next year compared to €0.34 last year. Reported Earnings • Aug 04
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €1.82m from profit in 1H 2021). Profit margin: (down from 2.6% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 16%, compared to a 10% growth forecast for the industry in Germany. Major Estimate Revision • Jul 26
Consensus EPS estimates fall by 27% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €146.3m to €144.4m. EPS estimate also fell from €0.54 per share to €0.39 per share. Net income forecast to grow 74% next year vs 17% growth forecast for Auto Components industry in Germany. Consensus price target down from €23.00 to €20.00. Share price rose 6.3% to €12.75 over the past week. Price Target Changed • Jul 06
Price target decreased to €23.00 Down from €27.00, the current price target is an average from 3 analysts. New target price is 89% above last closing price of €12.20. Stock is down 46% over the past year. The company is forecast to post earnings per share of €0.59 for next year compared to €0.34 last year. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improved over the past week After last week's 16% share price gain to €18.05, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 10x in the Auto Components industry in Germany. Total loss to shareholders of 28% over the past year. Reported Earnings • Apr 01
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: €0.33 (down from €107 in FY 2020). Revenue: €137.0m (up 8.4% from FY 2020). Net income: €2.35m (down 65% from FY 2020). Profit margin: 1.7% (down from 5.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. Over the next year, revenue is forecast to grow 8.5%, compared to a 8.6% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 23% share price gain to €24.60, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 13x in the Auto Components industry in Germany.