New Risk • Jul 19
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: €13m Forecast net loss in 2 years: €3.9m 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. This is currently the only risk that has been identified for the company. Breakeven Date Change • Apr 07
Forecast to breakeven in 2028 The 3 analysts covering Pyrum Innovations expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 16% per year to 2027. The company is expected to make a profit of €7.80m in 2028. Average annual earnings growth of 72% is required to achieve expected profit on schedule. New Risk • Jan 02
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 German stocks, typically moving 7.7% 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 Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Breakeven Date Change • Jan 01
Forecast to breakeven in 2028 The 3 analysts covering Pyrum Innovations expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €7.80m in 2028. Average annual earnings growth of 62% is required to achieve expected profit on schedule. New Risk • Dec 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Announcement • Nov 25
Pyrum Innovations AG has filed a Follow-on Equity Offering in the amount of €21.00351 million. Pyrum Innovations AG has filed a Follow-on Equity Offering in the amount of €21.00351 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 763,764
Price\Range: €27.5
Transaction Features: Rights Offering New Risk • Nov 24
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€14m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company. Announcement • Nov 22
Pyrum Innovations AG Provides Earnings Guidance for the Year 2025 Pyrum Innovations AG provided earnings guidance for the year 2025. For the year, Pyrum recently assumed that it would be able to significantly increase the production output of the new grinding and pelletising plant in the remainder of 2025. Although initial adjustments have already been made, these targets have not yet been achieved to the extent expected. Nevertheless, the management of Pyrum Innovations AG expects to achieve the forecast sales for the Group and the AG of between EUR 4.5 million and EUR 6.0 million and total output in a range of EUR 10 million to EUR 15 million at the lower end of the ranges. The Group’s earnings before interest and taxes for the full year 2025 are still expected to be in the range of EUR -8.5 million to EUR -10.5 million. Reported Earnings • Sep 26
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: €5.60m (up 136% from 2Q 2024). Net loss: €3.71m (loss widened 76% from 2Q 2024). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Commercial Services industry in Germany. Recent Insider Transactions • Jul 17
Member of Supervisory Board recently bought €2.8m worth of stock On the 10th of July, Jürgen Opitz bought around 100k shares on-market at roughly €28.00 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. New Risk • Jul 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€14m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€153k net loss in 3 years). Shareholders have been diluted in the past year (17% increase in shares outstanding). Reported Earnings • Jul 02
First quarter 2025 earnings released First quarter 2025 results: Revenue: €5.21m (up 167% from 1Q 2024). Net loss: €876.6k (loss narrowed 67% from 1Q 2024). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Commercial Services industry in Germany. Breakeven Date Change • Jun 17
No longer forecast to breakeven The 3 analysts covering Pyrum Innovations no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €7.15m in 2026. New consensus forecast suggests the company will make a loss of €4.90m in 2027. New Risk • May 25
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€14m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€14m free cash flow). Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (€13m net loss in 2 years). New Risk • Apr 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €89.4m (US$98.5m) This is considered a minor 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 Earnings are forecast to decline by an average of 7.0% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€13m net loss in 2 years). Market cap is less than US$100m (€89.4m market cap, or US$98.5m). Reported Earnings • Mar 28
Full year 2024 earnings released: €3.35 loss per share (vs €2.92 loss in FY 2023) Full year 2024 results: €3.35 loss per share (further deteriorated from €2.92 loss in FY 2023). Revenue: €10.7m (down 17% from FY 2023). Net loss: €10.9m (loss widened 14% from FY 2023). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Germany. Breakeven Date Change • Dec 03
No longer forecast to breakeven The 2 analysts covering Pyrum Innovations no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €7.15m in 2026. New consensus forecast suggests the company will make a loss of €12.7m in 2026. New Risk • Dec 02
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€13m net loss in 2 years). Share price has been volatile over the past 3 months (9.8% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Announcement • Dec 02
Pyrum Innovations AG, Annual General Meeting, Jul 24, 2025 Pyrum Innovations AG, Annual General Meeting, Jul 24, 2025. Reported Earnings • Nov 25
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: €3.84m (up 50% from 3Q 2023). Net loss: €3.20m (loss widened 31% from 3Q 2023). Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Commercial Services industry in Germany. Breakeven Date Change • Nov 24
Forecast to breakeven in 2026 The 2 analysts covering Pyrum Innovations expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 17% per year to 2025. The company is expected to make a profit of €7.15m in 2026. Average annual earnings growth of 79% is required to achieve expected profit on schedule. Breakeven Date Change • Nov 13
No longer forecast to breakeven The 2 analysts covering Pyrum Innovations no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €7.15m in 2026. New consensus forecast suggests the company will make a loss of €7.15m in 2026. New Risk • Oct 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Breakeven Date Change • Oct 25
Forecast to breakeven in 2026 The 2 analysts covering Pyrum Innovations expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €7.15m in 2026. Average annual earnings growth of 79% is required to achieve expected profit on schedule. New Risk • Oct 23
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 13% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€17m free cash flow). Earnings are forecast to decline by an average of 13% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€14m net loss in 2 years). Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (€92.3m market cap, or US$99.5m). Breakeven Date Change • Oct 23
No longer forecast to breakeven The 2 analysts covering Pyrum Innovations no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €7.15m in 2026. New consensus forecast suggests the company will make a loss of €12.7m in 2026. New Risk • Oct 13
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €9.9m Forecast net loss in 3 years: €402k 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 Less than 1 year of cash runway based on free cash flow trend (-€17m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€402k net loss in 3 years). Share price has been volatile over the past 3 months (10% average weekly change). Breakeven Date Change • Oct 13
No longer forecast to breakeven The 2 analysts covering Pyrum Innovations no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €5.44m in 2026. New consensus forecast suggests the company will make a loss of €12.7m in 2026. Reported Earnings • Sep 27
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €3.17m (down 36% from 2Q 2023). Net loss: €2.10m (loss narrowed 3.2% from 2Q 2023). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany. New Risk • Sep 13
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 German stocks, typically moving 7.1% 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: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€18m free cash flow). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (€82.0m market cap, or US$90.7m). New Risk • Aug 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €88.2m (US$98.4m) This is considered a minor 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 Less than 1 year of cash runway based on free cash flow trend (-€18m free cash flow). Minor Risk Market cap is less than US$100m (€88.2m market cap, or US$98.4m). New Risk • Jun 04
New major risk - Revenue and earnings growth Earnings have declined by 25% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€23m free cash flow). Earnings have declined by 25% per year over the past 5 years. New Risk • Apr 09
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 German stocks, typically moving 9.7% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-€23m free cash flow). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Reported Earnings • Mar 28
Full year 2023 earnings released Full year 2023 results: Revenue: €13.5m (down 28% from FY 2022). Net loss: €9.61m (loss widened 23% from FY 2022). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. New Risk • Feb 09
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 German stocks, typically moving 7.6% 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: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€23m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€8.6m net loss in 2 years). Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Nov 26
Third quarter 2023 earnings released Third quarter 2023 results: €0.75 loss per share. Revenue: €3.01m (down 39% from 3Q 2022). Net loss: €2.45m (loss widened 12% from 3Q 2022). Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. New Risk • Nov 24
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: €8.7m Forecast net loss in 2 years: €11m 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 Less than 1 year of cash runway based on free cash flow trend (-€23m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€11m net loss in 2 years). Share price has been volatile over the past 3 months (7.1% average weekly change). New Risk • Nov 13
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 German stocks, typically moving 7.0% 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: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€23m free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Reported Earnings • Sep 17
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €5.29m (down 6.0% from 2Q 2022). Net loss: €2.17m (loss widened 71% from 2Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Commercial Services industry in Germany. Announcement • Aug 10
Pyrum Innovations AG to Report Q4, 2023 Results on Mar 29, 2024 Pyrum Innovations AG announced that they will report Q4, 2023 results on Mar 29, 2024 Announcement • Aug 09
Pyrum Innovations AG to Report Q4, 2023 Results on Mar 29, 2024 Pyrum Innovations AG announced that they will report Q4, 2023 results on Mar 29, 2024 Announcement • Jul 14
Pyrum Innovations AG Announces Board Changes Pyrum Innovations AG held its Annual General Meeting on July 13, 2023, Hans-Jürgen Maas was elected as a new member of the Supervisory Board by the Annual General Meeting. The auditor, tax consultant and managing director of THS Treuhand Saar Steuerberatungsgesellschaft mbH replaces Mr. Manfred Oswald Alt, whose term has regularlyended. In addition, Alf Klaus Schmidt and Jürgen Franz Opitz were re-elected by the meeting. Reported Earnings • Jun 11
Full year 2022 earnings released: €2.40 loss per share (vs €2.57 loss in FY 2021) Full year 2022 results: €2.40 loss per share (improved from €2.57 loss in FY 2021). Revenue: €18.8m (up 404% from FY 2021). Net loss: €7.81m (loss narrowed 6.5% from FY 2021). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Breakeven Date Change • Apr 08
Forecast breakeven date pushed back to 2024 The 2 analysts covering Pyrum Innovations previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of €1.88m in 2024. Average annual earnings growth of 58% is required to achieve expected profit on schedule. Breakeven Date Change • Mar 02
Forecast breakeven date pushed back to 2024 The 2 analysts covering Pyrum Innovations previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 29% per year to 2023. The company is expected to make a profit of €3.00m in 2024. Average annual earnings growth of 73% is required to achieve expected profit on schedule. Announcement • Feb 08
Pyrum Innovations AG Announces the Successful Installation of the Two Pyrolysis Reactors for Production Lines 2 and 3 at its Main Plant in Dillingen/Saar Pyrum Innovations AG announced the successful installation of the two pyrolysis reactors for production lines 2 and 3 at its main plant in Dillingen/Saar. This marks an important milestone in the expansion of the plant. The first tests of the installed components can begin shortly. These so-called loop checks represent the first step of the cold commissioning. The Pyrum main plant in Dillingen/Saar has so far consisted of one production line, which has been operating on an industrial scale since 2020. In addition to this pyrolysis reactor, Pyrum has built two further towers around 25 metres high since the end of 2021. Using Pyrum's patented technology, the reactors convert rubber granulate from waste tyres into pyrolysis oil, gas and recovered carbon black (rCB), which in turn are used by Pyrum's customers as raw materials for the manufacture of new products. With the expansion that has taken place, the processing capacity can be tripled in the future to around 20,000 tonnes of ELT per year. In addition, Pyrum is currently planning to build 15 new plants by 2030. Announcement • Dec 15
Pyrum Launches Pilot Project with Bmw Group to Recycle Tyres in Saarland, Germany Pyrum Innovations AG has further expanded its cooperation network. In a pilot project with the BMW Group, Pyrum has recently began recycling the used tyres of the BMW Group branch in Saarland. The pilot project was preceded by an audit in which topics such as occupational safety and fire protection, permits and environmental requirements were examined.The BMW Group is involved in various pilot projects to validate new processes and methods. For the BMW Group, returning used tyres to a high-quality reprocessing process is a further step towards even more responsible use of resources. Pyrum, in turn, will be able to constantly expand its supply of end-of-life tyres (ELT) through the pilot project, especially in view of the already approved commissioning of further production lines at the main plant in Dillingen/Saar. The cooperation with BMW expands existing and successfully running partnerships of Pyrum, among others with BASF, Continental and the bicycle tyre manufacturer Ralf Bohle (Schwalbe). Reported Earnings • Dec 01
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: €5.98m (up 325% from 3Q 2021). Net loss: €2.19m (loss narrowed 16% from 3Q 2021). Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Commercial Services industry in Germany. 
