Announcement • Apr 27
Clarus Corporation, Annual General Meeting, May 28, 2026 Clarus Corporation, Annual General Meeting, May 28, 2026. Announcement • Apr 25
Clarus Corporation to Report Q1, 2026 Results on May 07, 2026 Clarus Corporation announced that they will report Q1, 2026 results After-Market on May 07, 2026 Announcement • Mar 05
Clarus Corporation Announces Quarterly Cash Dividend, Payable on March 25, 2026 Clarus Corporation announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on March 25, 2026, to all stockholders of record as of March 16, 2026. Announcement • Feb 27
Clarus Corporation to Report Q4, 2025 Results on Mar 05, 2026 Clarus Corporation announced that they will report Q4, 2025 results After-Market on Mar 05, 2026 Announcement • Nov 06
Clarus Corporation Declares Quarterly Cash Dividend, Payable on November 26, 2025 Clarus Corporation announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on November 26, 2025, to all stockholders of record as of November 17, 2025. Announcement • Oct 24
Clarus Corporation to Report Q3, 2025 Results on Nov 06, 2025 Clarus Corporation announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Announcement • Aug 02
Clarus Corporation Reports Impairment of Indefinite-Lived Intangible Assets for the Second Quarter Ended June 30, 2025 Clarus Corporation reported Impairment of indefinite-lived intangible assets for the second quarter ended June 30, 2025. For the quarter, the company reported Impairment of indefinite-lived intangible assets of $1,565,000. Announcement • Jul 31
Clarus Corporation Declares Quarterly Cash Dividend, Payable on August 20, 2025 Clarus Corporation announced that its board of directors has confirmed the company’s regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on August 20, 2025, to all stockholders of record as of August 11, 2025. Announcement • Jul 18
Clarus Corporation to Report Q2, 2025 Results on Jul 31, 2025 Clarus Corporation announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Announcement • Jun 03
Clarus Corporation Announces Board Changes Clarus Corporation announced that each of Michael A. Henning and Donald L. House had previously determined not to stand for re-election as directors of Company at its 2025 Annual Meeting of Stockholders (the “Annual Meeting”) held on May 29, 2025, and therefore each of them ceased to be a director of the Company as of the conclusion of the Annual Meeting. The respective decisions of Messrs. Henning and House not to stand for re-election were not the result of any dispute or disagreement with the Company on any matter relating to the operations, policies, or practices of the Company. Announcement • May 09
An undisclosed private investment firm entered into an agreement to acquire PIEPS GmbH from Clarus Corporation (NasdaqGS:CLAR) for €7.8 million. An undisclosed private investment firm entered into an agreement to acquire PIEPS GmbH from Clarus Corporation (NasdaqGS:CLAR) for €7.8 million on May 8, 2025. The total purchase price of €7.8 million including cash and debt. Clarus will sell PIEPS and assets of the JetForce avalanche pack intellectual property. The agreement governing the sale has been executed by the parties and will become binding upon receipt by the notary in Austria of the original of the signed power of attorney of the purchaser, a copy of which has already been provided to the notary.
The transaction to close before the end of the third quarter of 2025 subject to customary closing conditions and other regulatory matters, including foreign direct investment requirements. Announcement • May 07
Clarus Corporation Announces Regular Quarterly Cash Dividend, Payable on May 28, 2025 Clarus Corporation announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on May 28, 2025, to all stockholders of record as of May 19, 2025. Announcement • Apr 28
Clarus Corporation, Annual General Meeting, May 29, 2025 Clarus Corporation, Annual General Meeting, May 29, 2025. Announcement • Apr 25
Clarus Corporation to Report Q1, 2025 Results on May 08, 2025 Clarus Corporation announced that they will report Q1, 2025 results After-Market on May 08, 2025 Announcement • Mar 08
Clarus Corporation Reports Impairment of Goodwill and Indefinite-Lived Intangible Assets for the Fourth Quarter Ended December 31, 2024 Clarus Corporation reported impairment of goodwill and indefinite-lived intangible assets for the fourth quarter ended December 31, 2024. For the period, the company reported total impairment of goodwill was $36,264,000 and total impairment of indefinite-lived intangible assets was $8,545,000. Announcement • Mar 07
Clarus Corporation Provides Earnings Guidance for the Fiscal Year 2025 Clarus Corporation provided earnings guidance for the fiscal year 2025. For the year, the Company expects sales to range between $250 million to $260 million. Announcement • Mar 06
Clarus Corporation Announces Quarterly Cash Dividend, Payable on March 26, 2025 Clarus Corporation announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on March 26, 2025, to all stockholders of record as of March 17, 2025. Announcement • Feb 21
Clarus Corporation to Report Q4, 2024 Results on Mar 06, 2025 Clarus Corporation announced that they will report Q4, 2024 results After-Market on Mar 06, 2025 Announcement • Dec 10
Clarus Corporation Appoints Mark Besca to Its Board Clarus Corporation announced that the Company’s Board of Directors appointed Mr. Mark Besca to serve on the Board, effective as of December 5, 2024. With Mr. Besca’s appointment, the Board will be comprised of seven directors, six of whom are independent. Mr. Besca was also appointed to the Audit Committee of the Company’s Board. Mr. Besca has over 40 years of accounting and financial expertise serving in leadership roles as an advisor to Fortune 500 companies and as a public company board member. Since 2020, Mr. Besca has been a member of the board of directors and Audit Committee Chair of Markel Group Inc., a New York Stock Exchange listed financial holding company with diverse operations. Prior to his retirement in 2020, he spent 40 years at EY (formerly Ernst & Young, LLP) serving as lead and senior advisory audit partner to some of the largest public companies in the media and entertainment, consumer products and airline industries. From 2017 until 2020, Mr. Besca was the Leader of Long-Term Value and Stakeholder Capitalism initiative at EY. From 2012 to 2018, he served as Managing Partner of EY’s New York City office with over 11,000 professionals, and from 2009 to 2011, he was Northeast Managing Partner of EY’s Assurance and Advisory Business. Mr. Besca received his M.B. A from Columbia Business School and graduated with a B.B.A. in Accounting from Pace University’s Lubin School of Business. Recent Insider Transactions • Nov 15
Lead Independent Director recently bought €418k worth of stock On the 13th of November, Nicholas Sokolow bought around 100k shares on-market at roughly €4.18 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €1.1m. Insiders have collectively bought €1.5m more in shares than they have sold in the last 12 months. Declared Dividend • Nov 12
Third quarter dividend of US$0.025 announced Shareholders will receive a dividend of US$0.025. Ex-date: 18th November 2024 Payment date: 27th November 2024 Dividend yield will be 2.4%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 6 years. However, payments have been volatile during that time. Reported Earnings • Nov 08
Third quarter 2024 earnings released: US$0.082 loss per share (vs US$0.034 loss in 3Q 2023) Third quarter 2024 results: US$0.082 loss per share (further deteriorated from US$0.034 loss in 3Q 2023). Revenue: US$67.1m (down 33% from 3Q 2023). Net loss: US$3.16m (loss widened 150% from 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 47% per year whereas the company’s share price has fallen by 44% per year. Announcement • Nov 08
Clarus Corporation Provides Earnings Guidance for the Fiscal Year 2024 Clarus Corporation provided earnings guidance for the fiscal year 2024. For the year, the company now expects fiscal year 2024 sales to range between $260 million to $266 million. Announcement • Nov 07
Clarus Corporation Announces Quarterly Dividend, Payable on November 27, 2024 Clarus Corporation announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on November 27, 2024, to all stockholders of record as of November 18, 2024. Announcement • Oct 25
Clarus Corporation to Report Q3, 2024 Results on Nov 07, 2024 Clarus Corporation announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Recent Insider Transactions • Sep 12
Executive Chairman recently bought €1.1m worth of stock On the 10th of September, Warren Kanders bought around 280k shares on-market at roughly €3.76 per share. This transaction amounted to 5.0% 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 Warren's only on-market trade for the last 12 months. New Risk • Aug 05
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: US$21m Forecast net loss in 2 years: US$514k 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$514k net loss in 2 years). Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Declared Dividend • Aug 05
Second quarter dividend of US$0.025 announced Shareholders will receive a dividend of US$0.025. Ex-date: 9th August 2024 Payment date: 19th August 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 6 years. However, payments have been volatile during that time. Reported Earnings • Aug 02
Second quarter 2024 earnings released: US$0.14 loss per share (vs US$0.056 loss in 2Q 2023) Second quarter 2024 results: US$0.14 loss per share (further deteriorated from US$0.056 loss in 2Q 2023). Revenue: US$56.5m (down 33% from 2Q 2023). Net loss: US$5.49m (loss widened 163% from 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 26 percentage points per year, which is a significant difference in performance. Announcement • Jul 31
Clarus Corporation Announces Regular Quarterly Cash Dividend, Payable on August 19, 2024 Clarus Corporation announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on August 19, 2024, to all stockholders of record as of August 9, 2024. Announcement • Jul 20
Clarus Corporation to Report Q2, 2024 Results on Aug 01, 2024 Clarus Corporation announced that they will report Q2, 2024 results After-Market on Aug 01, 2024 Declared Dividend • May 06
First quarter dividend of US$0.025 announced Shareholders will receive a dividend of US$0.025. Ex-date: 9th May 2024 Payment date: 20th May 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (67% cash payout ratio). The dividend has increased over the past 6 years. However, payments have been volatile during that time. Reported Earnings • May 03
First quarter 2024 earnings released: US$0.17 loss per share (vs US$0.043 profit in 1Q 2023) First quarter 2024 results: US$0.17 loss per share (down from US$0.043 profit in 1Q 2023). Revenue: US$69.3m (down 29% from 1Q 2023). Net loss: US$6.46m (down US$8.06m from profit in 1Q 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Announcement • May 03
Clarus Corporation Reaffirms Financial Guidance for the Full Year of 2024 Clarus Corporation reaffirmed financial guidance for the full year of 2024. The company continues to expect fiscal year 2024 sales to range between $270 million to $280 million. Announcement • Apr 20
Clarus Corporation to Report Q1, 2024 Results on May 02, 2024 Clarus Corporation announced that they will report Q1, 2024 results After-Market on May 02, 2024 Declared Dividend • Mar 11
Fourth quarter dividend of US$0.025 announced Shareholders will receive a dividend of US$0.025. Ex-date: 15th March 2024 Payment date: 28th March 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (15% cash payout ratio). The dividend has increased over the past 6 years. However, payments have been volatile during that time. New Risk • Mar 09
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: US$16m Forecast net loss in 3 years: US$200k 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$200k net loss in 3 years). Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Reported Earnings • Mar 08
Full year 2023 earnings released: US$0.42 loss per share (vs US$1.88 loss in FY 2022) Full year 2023 results: US$0.42 loss per share (improved from US$1.88 loss in FY 2022). Revenue: US$286.0m (down 36% from FY 2022). Net loss: US$15.8m (loss narrowed 77% from FY 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Announcement • Mar 06
Clarus Corporation Announces Regular Quarterly Cash Dividend, Payable on March 28, 2024 Clarus Corporation announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on March 28, 2024, to all stockholders of record as of March 18, 2024. Announcement • Feb 08
Clarus Corporation to Report Q4, 2023 Results on Mar 07, 2024 Clarus Corporation announced that they will report Q4, 2023 results After-Market on Mar 07, 2024 Announcement • Jan 10
Clarus Corporation Announces the Resignation of James E. Walker III as a Director On January 8, 2024, James E. Walker III notified the Board of Directors of Clarus Corporation of his resignation as a director of the Company, effective as of January 8, 2024. Mr. Walker’s resignation was not the result of any dispute or disagreement with the Company on any matter relating to the operations, policies, or practices of the Company. New Risk • Nov 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% 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 Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (3.0% increase in shares outstanding). Announcement • Nov 08
Clarus Corporation Provides Earnings Guidance for the Year 2023 Clarus Corporation provided earnings guidance for the year 2023. The Company now expects fiscal year 2023 sales of $364 million to $368 million. Reported Earnings • Nov 08
Third quarter 2023 earnings released: US$0.034 loss per share (vs US$0.074 profit in 3Q 2022) Third quarter 2023 results: US$0.034 loss per share (down from US$0.074 profit in 3Q 2022). Revenue: US$100.1m (down 14% from 3Q 2022). Net loss: US$1.26m (down 146% from profit in 3Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Announcement • Oct 25
Clarus Corporation to Report Q3, 2023 Results on Nov 07, 2023 Clarus Corporation announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 New Risk • Oct 06
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 8.4% 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. This is currently the only risk that has been identified for the company. Buying Opportunity • Sep 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be €8.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Aug 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be €8.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company became loss making. Announcement • Aug 09
Clarus Corporation Provides Earnings Guidance for the Fiscal Year 2023 Clarus Corporation provided earnings guidance for the fiscal year 2023. For the year, the company expected sales of $385 million to $400 million. Reported Earnings • Aug 08
Second quarter 2023 earnings released: US$0.056 loss per share (vs US$0.10 profit in 2Q 2022) Second quarter 2023 results: US$0.056 loss per share (down from US$0.10 profit in 2Q 2022). Revenue: US$83.7m (down 27% from 2Q 2022). Net loss: US$2.09m (down 156% from profit in 2Q 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • Aug 04
Clarus Corporation Announces Quarterly Dividend, Payable on August 25, 2023 Clarus Corporation announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on August 25, 2023, to all stockholders of record as of August 14, 2023. Announcement • Jul 25
Clarus Corporation to Report Q2, 2023 Results on Aug 07, 2023 Clarus Corporation announced that they will report Q2, 2023 results After-Market on Aug 07, 2023 Recent Insider Transactions • May 26
Lead Independent Director recently bought €188k worth of stock On the 23rd of May, Nicholas Sokolow bought around 23k shares on-market at roughly €8.18 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €466k more in shares than they bought in the last 12 months. Buying Opportunity • May 03
Now 29% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be €11.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$0.043 (vs US$0.14 in 1Q 2022) First quarter 2023 results: EPS: US$0.043 (down from US$0.14 in 1Q 2022). Revenue: US$97.4m (down 14% from 1Q 2022). Net income: US$1.60m (down 70% from 1Q 2022). Profit margin: 1.6% (down from 4.7% in 1Q 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 01
Full year 2022 earnings released: US$1.88 loss per share (vs US$0.79 profit in FY 2021) Full year 2022 results: US$1.88 loss per share (down from US$0.79 profit in FY 2021). Revenue: US$448.1m (up 19% from FY 2021). Net loss: US$69.8m (down 367% from profit in FY 2021). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Buying Opportunity • Feb 28
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €9.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings is also forecast to grow by 16% per annum over the same time period. Announcement • Feb 14
Clarus Corporation to Report Q4, 2022 Results on Feb 27, 2023 Clarus Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2023 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €7.15, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Leisure industry in Europe. Total loss to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.11 per share. Reported Earnings • Nov 09
Third quarter 2022 earnings released: EPS: US$0.074 (vs US$0.13 in 3Q 2021) Third quarter 2022 results: EPS: US$0.074 (down from US$0.13 in 3Q 2021). Revenue: US$115.7m (up 6.2% from 3Q 2021). Net income: US$2.75m (down 39% from 3Q 2021). Profit margin: 2.4% (down from 4.2% in 3Q 2021). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Nov 08
Clarus Corporation Provides Earnings Guidance for the Year 2022 Clarus Corporation provided earnings guidance for the year 2022. For the year, the company expects sales to grow approximately 19% to $445.0 million ($470.0 million prior) compared to 2021. Announcement • Nov 04
Clarus Corporation Announces Quarterly Cash Dividend, Payable on November 25, 2022 Clarus Corporation announced that its board of directors has confirmed the Company's regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on November 25, 2022, to all stockholders of record as of November 14, 2022. Announcement • Oct 25
Clarus Corporation to Report Q3, 2022 Results on Nov 07, 2022 Clarus Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 07, 2022 Recent Insider Transactions • Sep 27
Executive VP recently bought €51k worth of stock On the 23rd of September, Aaron Kuehne bought around 4k shares on-market at roughly €12.56 per share. This transaction amounted to 4.5% 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 Aaron's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment deteriorated over the past week After last week's 21% share price decline to €22.20, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Leisure industry in Europe. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €36.94 per share. Recent Insider Transactions • Aug 21
Lead Independent Director recently sold €423k worth of stock On the 17th of August, Nicholas Sokolow sold around 15k shares on-market at roughly €28.15 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.6m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improved over the past week After last week's 24% share price gain to €24.40, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 15x in the Leisure industry in Europe. Total returns to shareholders of 157% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €28.97 per share. Reported Earnings • Aug 02
Second quarter 2022 earnings released: EPS: US$0.10 (vs US$0.059 in 2Q 2021) Second quarter 2022 results: EPS: US$0.10 (up from US$0.059 in 2Q 2021). Revenue: US$114.9m (up 57% from 2Q 2021). Net income: US$3.76m (up 105% from 2Q 2021). Profit margin: 3.3% (up from 2.5% in 2Q 2021). Over the next year, revenue is forecast to grow 8.4%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 22% per year. Announcement • Jul 30
Clarus Corporation Approves Regular Quarterly Cash Dividend, Payable on August 19, 2022 Clarus Corporation approved the Company’s regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on August 19, 2022, to all stockholders of record as of August 8, 2022. Announcement • Jul 19
Clarus Corporation to Report Q2, 2022 Results on Aug 01, 2022 Clarus Corporation announced that they will report Q2, 2022 results After-Market on Aug 01, 2022 Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 15% share price gain to €20.60, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Leisure industry in Europe. Total returns to shareholders of 73% over the past three years. Reported Earnings • May 11
First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.18 in 1Q 2021) First quarter 2022 results: EPS: US$0.14 (down from US$0.18 in 1Q 2021). Revenue: US$113.3m (up 50% from 1Q 2021). Net income: US$5.31m (down 6.5% from 1Q 2021). Profit margin: 4.7% (down from 7.5% in 1Q 2021). Over the next year, revenue is forecast to grow 17%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 19% per year. Announcement • May 10
Clarus Corporation Provides Sales Guidance for Fiscal Year 2022 Clarus Corporation anticipated fiscal year 2022 sales to grow approximately 25% to $470.0 million compared to 2021. By segment, the Company expects sales for Outdoor to increase high-single digits to approximately $237.5 million, the Precision Sport segment to increase low-single digits to approximately $112.5 million, and the Adventure segment to contribute approximately $120 million. Announcement • May 02
Clarus Corporation Announces Quarterly Cash Dividend, Payable on May 20, 2022 Clarus Corporation announced that its board of directors has confirmed the company’s regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on May 20, 2022, to all stockholders of record as of May 9, 2022. Announcement • Apr 26
Clarus Corporation to Report Q1, 2022 Results on May 09, 2022 Clarus Corporation announced that they will report Q1, 2022 results After-Market on May 09, 2022 Recent Insider Transactions • Mar 21
Lead Independent Director recently sold €106k worth of stock On the 14th of March, Nicholas Sokolow sold around 5k shares on-market at roughly €21.20 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.6m. Insiders have been net sellers, collectively disposing of €4.2m more than they bought in the last 12 months. Announcement • Mar 10
Clarus Corporation Provides Earnings Guidance for the Fiscal Year 2022 Clarus Corporation provided earnings guidance for the fiscal year 2022. For the period, the company expects 2022 sales to grow approximately 25% to $470.0 million compared to 2021. Reported Earnings • Mar 09
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.79 (up from US$0.18 in FY 2020). Revenue: US$375.8m (up 68% from FY 2020). Net income: US$26.1m (up 371% from FY 2020). Profit margin: 6.9% (up from 2.5% in FY 2020). Revenue exceeded analyst estimates by 3.3%. Over the next year, revenue is forecast to grow 25%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year. Announcement • Feb 26
Clarus Corporation Confirms Regular Quarterly Cash Dividend, March 18, 2022 Clarus Corporation announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share. The cash dividend will be paid on March 18, 2022, to all stockholders of record as of March 7, 2022. Announcement • Feb 24
Clarus Corporation to Report Q4, 2021 Results on Mar 07, 2022 Clarus Corporation announced that they will report Q4, 2021 results After-Market on Mar 07, 2022 Announcement • Feb 02
Clarus Corporation Appoints James Walker III to its Board of Directors Clarus Corporation (“Clarus” and/or the “Company”) announced the appointment of James Walker III to its board of directors. Walker has over 30 years of experience in investing and asset management across multiple firms and industries. He currently serves as managing partner and founder of Vinson Ventures, LLC. Walker currently sits on the board of Starwood Real Estate Income Trust, a publicly registered REIT, where he is the lead independent director. Walker is also a strategic partner at Jadian Capital, the foundation for the US Olympic Committee. Recent Insider Transactions • Dec 18
Independent Director recently sold €245k worth of stock On the 16th of December, Donald House sold around 10k shares on-market at roughly €24.46 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.7m more than they bought in the last 12 months. Announcement • Dec 02
Clarus Corporation (NasdaqGS:CLAR) acquired MAXTRAX Pty Ltd. Clarus Corporation (NasdaqGS:CLAR) acquired MAXTRAX Pty Ltd on December 1, 2021. The transaction for a combination of cash, stock and future consideration. MAXTRAX’s net sales for the fiscal year ended June 30, 2021 were approximately AUD 21 million. MAXTRAX will continue to operate independently as a wholly-owned indirect subsidiary of Clarus and will be part of the Company’s Overlanding reporting segment.
Clarus Corporation (NasdaqGS:CLAR) completed the acquisition of MAXTRAX Pty Ltd on December 1, 2021. Reported Earnings • Nov 09
Third quarter 2021 earnings released: EPS US$0.13 (vs US$0.039 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$109.0m (up 69% from 3Q 2020). Net income: US$4.53m (up 283% from 3Q 2020). Profit margin: 4.2% (up from 1.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 04
Clarus Corporation Increases Earnings Guidance for 2021 Clarus Corporation increased earnings guidance for 2021. For the period, the company anticipates sales to grow approximately 56% to $350 million ($295 million prior) compared to 2020. Reported Earnings • Aug 03
Second quarter 2021 earnings released: EPS US$0.059 (vs US$0.092 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$73.3m (up 144% from 2Q 2020). Net income: US$1.84m (up US$4.58m from 2Q 2020). Profit margin: 2.5% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jul 31
High number of new directors Independent Director Susan Ottmann was the last director to join the board, commencing their role in 2021.