Announcement • Jul 16
HMS Bergbau AG to Report First Half, 2026 Results on Sep 30, 2026 HMS Bergbau AG announced that they will report first half, 2026 results on Sep 30, 2026 Announcement • Jul 14
HMS Bergbau AG, Annual General Meeting, Aug 20, 2026 HMS Bergbau AG, Annual General Meeting, Aug 20, 2026, at 12:00 W. Europe Standard Time. Declared Dividend • Jul 03
Dividend increased to €1.10 Dividend of €1.10 is 4.8% higher than last year. Ex-date: 21st August 2026 Payment date: 25th August 2026 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 129% per year over the past 4 years and payments have been stable during that time. EPS is expected to decline by 67% over the next 3 years. However, it would need to fall by 90% to increase the payout ratio to a potentially unsustainable range. Announcement • Jul 02
HMS Bergbau AG announces Annual dividend, payable on August 25, 2026 HMS Bergbau AG announced Annual dividend of EUR 1.1000 per share payable on August 25, 2026, ex-date on August 21, 2026 and record date on August 24, 2026. Reported Earnings • Jul 01
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: €12.06 (up from €3.08 in FY 2024). Revenue: €1.22b (down 10% from FY 2024). Net income: €54.8m (up 292% from FY 2024). Profit margin: 4.5% (up from 1.0% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • May 30
HMS Bergbau AG Provides Earnings Guidance for 2026 HMS Bergbau AG provided earnings guidance for 2026. For the period, revenue is expected to increase to EUR 2.0 billion. Price Target Changed • May 29
Price target increased by 9.3% to €82.50 Up from €75.50, the current price target is an average from 2 analysts. New target price is 100% above last closing price of €41.30. Stock is up 33% over the past year. The company is forecast to post earnings per share of €11.95 for next year compared to €2.92 last year. Announcement • Jan 30
HMS Bergbau AG (XTRA:HMU) completed the acquisition of 51% stake in Maatla Resources (Pty.) Ltd. HMS Bergbau AG (XTRA:HMU) acquired 51% stake in Maatla Resources (Pty.) Ltd for €0.002 million on April 20, 2021. As of June 2022, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.0002 million ; the acquisition was still subject to conditions precedent as at December 31, 2021. As of May 2023, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.002 million ; the acquisition was still subject to conditions precedent as at December 31, 2022. As of May 30, 2024, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.002 million ; the acquisition was still subject to conditions precedent as at December 31, 2023. As of May 30, 2025, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.002 million ; the acquisition was still subject to conditions precedent as at December 31, 2024. As of September 24, 2025, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.002 million ; the acquisition was still subject to conditions precedent as at June 30, 2025.
HMS Bergbau AG (XTRA:HMU) completed the acquisition of 51% stake in Maatla Resources (Pty.) Ltd on January 29, 2026. Announcement • Aug 17
HMS Bergbau AG Approves Board Changes HMS Bergbau AG at its Annual General Meeting held on 14 August 2025, announced that Mr. Henry Werkmeister, Managing Director of HW-Beratungs GmbH, was newly elected to the Supervisory Board of HMS. He succeeds Patrick Brandl, who stepped down from the Supervisory Board as planned at the end of the Annual General Meeting. Announcement • Jul 07
HMS Bergbau AG, Annual General Meeting, Aug 14, 2025 HMS Bergbau AG, Annual General Meeting, Aug 14, 2025, at 12:00 W. Europe Standard Time. Announcement • May 16
HMS Bergbau AG announces Annual dividend, payable on August 19, 2025 HMS Bergbau AG announced Annual dividend of EUR 1.0500 per share payable on August 19, 2025, ex-date on August 15, 2025 and record date on August 18, 2025. Reported Earnings • Oct 02
First quarter 2024 earnings released: EPS: €0.61 (vs €0.56 in 1Q 2023) First quarter 2024 results: EPS: €0.61 (up from €0.56 in 1Q 2023). Revenue: €365.7m (up 11% from 1Q 2023). Net income: €2.77m (up 9.0% from 1Q 2023). Profit margin: 0.8% (in line with 1Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Upcoming Dividend • Aug 07
Upcoming dividend of €0.92 per share Eligible shareholders must have bought the stock before 14 August 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.3%). Announcement • Jul 05
HMS Bergbau AG, Annual General Meeting, Aug 13, 2024 HMS Bergbau AG, Annual General Meeting, Aug 13, 2024, at 12:00 W. Europe Standard Time. Reported Earnings • Jun 05
Full year 2023 earnings released: EPS: €2.74 (vs €2.29 in FY 2022) Full year 2023 results: EPS: €2.74 (up from €2.29 in FY 2022). Revenue: €1.30b (up 33% from FY 2022). Net income: €12.4m (up 20% from FY 2022). Profit margin: 1.0% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. New Risk • Apr 02
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 Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Sep 19
First half 2023 earnings released First half 2023 results: EPS: €1.11. Revenue: €656.7m (up 62% from 1H 2022). Net income: €5.08m (up 67% from 1H 2022). Profit margin: 0.8% (up from 0.7% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 23
Upcoming dividend of €0.77 per share at 3.6% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.9%). New Risk • Jun 12
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (102% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Jun 05
Full year 2022 earnings released Full year 2022 results: Revenue: €972.8m (up 127% from FY 2021). Net income: €10.4m (up 225% from FY 2021). Profit margin: 1.1% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue. Announcement • Jun 01
HMS Bergbau AG, Annual General Meeting, Aug 29, 2023 HMS Bergbau AG, Annual General Meeting, Aug 29, 2023. Agenda: To consider dividend. Reported Earnings • Oct 02
First half 2022 earnings released: EPS: €0 (vs €0 in 1H 2021) First half 2022 results: EPS: €0 (in line with 1H 2021). Revenue: €404.8m (up 145% from 1H 2021). Net income: €3.03m (up €2.65m from 1H 2021). Profit margin: 0.7% (up from 0.2% in 1H 2021). The increase in margin was driven by higher revenue. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS: €0.70 (vs €0.62 in FY 2020) Full year 2021 results: EPS: €0.70 (up from €0.62 in FY 2020). Revenue: €427.7m (up 60% from FY 2020). Net income: €3.20m (up 14% from FY 2020). Profit margin: 0.7% (down from 1.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 05
First half 2021 earnings released The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €164.9m (up 27% from 1H 2020). Net income: €381.3k (up 216% from 1H 2020). Profit margin: 0.2% (up from 0.1% in 1H 2020). Reported Earnings • Jul 02
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €269.7m (up 25% from FY 2019). Net income: €2.81m (up 447% from FY 2019). Profit margin: 1.0% (up from 0.2% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Feb 20
New 90-day high: €21.40 The company is up 3.0% from its price of €20.80 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: €21.00 The company is up 4.0% from its price of €20.20 on 02 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 21% over the same period. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total profits of €315.6k, down 42% from the prior year. Total revenue was €227.8m over the last 12 months, down 1.1% from the prior year. Is New 90 Day High Low • Sep 25
New 90-day low: €18.70 The company is down 21% from its price of €23.80 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 15% over the same period. 
