Full year 2021 earnings: EPS and revenues exceed analyst expectations
Full year 2021 results: EPS: €0.02 (up from €0.94 loss in FY 2020). Revenue: €211.6m (up 3.7% from FY 2020). Net income: €365.0k (up €15.5m from FY 2020). Profit margin: 0.2% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is forecast to grow 2.8%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.