Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Gaudiana Giusti was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Mar 24
Geox S.p.A., Annual General Meeting, Apr 22, 2026 Geox S.p.A., Annual General Meeting, Apr 22, 2026, at 10:00 W. Europe Standard Time. Announcement • May 23
Geox S.p.A. has filed a Follow-on Equity Offering in the amount of €30 million. Geox S.p.A. has filed a Follow-on Equity Offering in the amount of €30 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: Rights Offering Breakeven Date Change • Oct 01
Forecast breakeven date moved forward to 2024 The analyst covering Geox previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €15.9m in 2024. Earnings growth of 55% is required to achieve expected profit on schedule. Reported Earnings • Aug 04
First half 2024 earnings released First half 2024 results: Revenue: €320.4m (down 9.4% from 1H 2023). Net loss: €15.4m (loss widened 60% from 1H 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Luxury industry in Europe. Breakeven Date Change • May 06
Forecast breakeven date pushed back to 2025 The 2 analysts covering Geox previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 67% to 2024. The company is expected to make a profit of €4.91m in 2025. Average annual earnings growth of 99% is required to achieve expected profit on schedule. Reported Earnings • Apr 02
Full year 2023 earnings released: €0.025 loss per share (vs €0.051 loss in FY 2022) Full year 2023 results: €0.025 loss per share (improved from €0.051 loss in FY 2022). Revenue: €719.6m (down 2.2% from FY 2022). Net loss: €6.45m (loss narrowed 51% from FY 2022). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 04
Full year 2023 earnings released Full year 2023 results: Revenue: €719.6m (down 2.2% from FY 2022). Net loss: €6.45m (loss narrowed 51% from FY 2022). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Luxury industry in Europe. Buy Or Sell Opportunity • Feb 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.8% to €0.66. The fair value is estimated to be €0.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 65%. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2024 The 3 analysts covering Geox previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of €22.9m in 2024. Average annual earnings growth of 92% is required to achieve expected profit on schedule. Reported Earnings • Jul 30
First half 2023 earnings released First half 2023 results: Revenue: €353.6m (up 3.8% from 1H 2022). Net loss: €9.64m (loss narrowed 51% from 1H 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Breakeven Date Change • Feb 03
Forecast to breakeven in 2023 The 2 analysts covering Geox expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €11.4m in 2023. Average annual earnings growth of 103% is required to achieve expected profit on schedule. Announcement • Dec 24
Geox S.p.A. to Report Fiscal Year 2022 Results on Feb 02, 2023 Geox S.p.A. announced that they will report fiscal year 2022 results on Feb 02, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Silvia Zamperoni was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 12
Geox S.p.A. to Report First Half, 2023 Results on Jul 27, 2023 Geox S.p.A. announced that they will report first half, 2023 results on Jul 27, 2023 Reported Earnings • Aug 01
First half 2022 earnings released First half 2022 results: Revenue: €340.6m (up 29% from 1H 2021). Net loss: €19.6m (loss narrowed 47% from 1H 2021). Over the next year, revenue is forecast to grow 4.7%, compared to a 13% growth forecast for the industry in Germany. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Independent Director Alessandra Pavolini was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 02
First half 2021 earnings released The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: €264.0m (up 8.4% from 1H 2020). Net loss: €37.0m (loss narrowed 55% from 1H 2020). Breakeven Date Change • Jun 01
Forecast to breakeven in 2023 The 3 analysts covering Geox expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 76% per year to 2022. The company is expected to make a profit of €10.8m in 2023. Average annual earnings growth of 106% is required to achieve expected profit on schedule. Reported Earnings • Apr 04
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €534.9m (down 34% from FY 2019). Net loss: €128.2m (loss widened 418% from FY 2019). Reported Earnings • Mar 17
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €534.9m (down 34% from FY 2019). Net loss: €128.2m (loss widened 418% from FY 2019). Announcement • Mar 11
Geox S.p.A. to Report Fiscal Year 2020 Results on Mar 15, 2021 Geox S.p.A. announced that they will report fiscal year 2020 results on Mar 15, 2021 Announcement • Jan 14
Geox S.p.A. to Report First Half, 2021 Results on Jul 29, 2021 Geox S.p.A. announced that they will report first half, 2021 results on Jul 29, 2021 Announcement • Jan 05
Geox S.p.A. to Report Fiscal Year 2020 Results on Jan 29, 2021 Geox S.p.A. announced that they will report fiscal year 2020 results on Jan 29, 2021 Is New 90 Day High Low • Nov 26
New 90-day high: €0.67 The company is up 3.0% from its price of €0.65 on 28 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.72 per share. Is New 90 Day High Low • Oct 16
New 90-day low: €0.56 The company is down 22% from its price of €0.71 on 17 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Reported Earnings • Sep 29
First half earnings released Over the last 12 months the company has reported total losses of €101.7m, with losses widening by €89.9m from the prior year. Total revenue was €650.0m over the last 12 months, down 20% from the prior year. Is New 90 Day High Low • Sep 23
New 90-day low: €0.60 The company is down 16% from its price of €0.72 on 25 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 Luxury industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Announcement • Sep 21
Geox S.p.A.(BIT:GEO) dropped from S&P Global BMI Index Geox S.p.A.(BIT:GEO) dropped from S&P Global BMI Index Reported Earnings • Sep 21
First half earnings released Over the last 12 months the company has reported total losses of €101.7m, with losses widening by €89.9m from the prior year. Total revenue was €650.0m over the last 12 months, down 20% from the prior year. Announcement • Aug 10
Geox S.p.A. to Report Q2, 2020 Results on Jul 30, 2020 Geox S.p.A. announced that they will report Q2, 2020 results at 6:07 PM, GMT Standard Time on Jul 30, 2020