Reported Earnings • Jul 30
First half 2026 earnings released First half 2026 results: Revenue: €3.02b (up 1.6% from 1H 2025). Net income: €101.0m (up 15% from 1H 2025). Profit margin: 3.3% (up from 3.0% in 1H 2025). Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Diversified Financial industry in Germany are expected to grow by 21%. Announcement • Jul 29
Nexi S.p.A. Confirms Earnings Guidance for 2026 Nexi S.p.A. confirmed earnings guidance for 2026. For the period, the company expects Net revenues: Y/Y growth broadly in line with 2025, with Merchant Solutions reaccelerating. Announcement • Apr 17
Nexi S.p.A. (BIT:NEXI) completed the acquisition of Business unit of Banca Popolare di Sondrio S.p.A. (BIT:BPSO) for €105 million. Nexi S.p.A. (BIT:NEXI) signed an agreement to acquire Business unit of Banca Popolare di Sondrio S.p.A. (BIT:BPSO) for €105 million on December 24, 2025.
The transaction is subject to subject to antitrust regulations. The expected completion of the transaction is January 1, 2026 to April 30, 2026.
Giuseppe Rossano Latorre, Silvano Lenoci, Gianluca Viola, and Marcello Adriano Ponti of Kitra Advisory S.p.A. acted as financial advisor for Banca Popolare di Sondrio S.p.A. Alessandro Fustinoni and Stefano Pinsino of Equita SIM acted as financial advisor for Nexi S.p.A. PedersoliGattai acted as legal advisor for Nexi S.p.A. Gaia Mazzalveri, Domenico Soprano and Andrea Fornara of Vitale&Co. S.P.A. acted as financial advisor for Banca Popolare di Sondrio S.p.A. Studio Legale Carbonetti e Associati acted as legal advisor for Banca Popolare di Sondrio S.p.A.
Nexi S.p.A. (BIT:NEXI) completed the acquisition of Business unit of Banca Popolare di Sondrio S.p.A. (BIT:BPSO) on March 17, 2026. Announcement • Mar 09
Nexi S.p.A., Annual General Meeting, Apr 29, 2026 Nexi S.p.A., Annual General Meeting, Apr 29, 2026. Announcement • Mar 07
Nexi S.p.A. announces Annual dividend, payable on May 20, 2026 Nexi S.p.A. announced Annual dividend of EUR 0.3000 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026. Announcement • May 06
Nexi S.p.A. announces Annual dividend, payable on May 21, 2025 Nexi S.p.A. announced Annual dividend of EUR 0.2500 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025. Announcement • Mar 04
Nexi S.p.A., Annual General Meeting, Apr 30, 2025 Nexi S.p.A., Annual General Meeting, Apr 30, 2025. Reported Earnings • Aug 01
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €878.8m (down 37% from 2Q 2023). Net income: €465.4m (up €449.2m from 2Q 2023). Profit margin: 53% (up from 1.2% in 2Q 2023). Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Diversified Financial industry in Germany are expected to grow by 14%. Buy Or Sell Opportunity • Jul 30
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.0% to €5.65. The fair value is estimated to be €4.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Apr 29
Now 21% overvalued Over the last 90 days, the stock has fallen 24% to €5.44. The fair value is estimated to be €4.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Apr 24
Now 21% overvalued Over the last 90 days, the stock has fallen 24% to €5.44. The fair value is estimated to be €4.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Mar 12
Now 21% overvalued Over the last 90 days, the stock has fallen 12% to €6.51. The fair value is estimated to be €5.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Reported Earnings • Mar 11
Full year 2023 earnings released Full year 2023 results: Revenue: €5.90b (up 8.7% from FY 2022). Net loss: €1.03b (down €1.16b from profit in FY 2022). Revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Diversified Financial industry in Germany are expected to grow by 12%. Announcement • Mar 07
Nexi S.p.A. Provides Earnings Guidance for the Year 2024 Nexi S.p.A. provided earnings guidance for the year 2024. For 2024, the company expects net revenues to be in mid-single digit year on year growth. New Risk • Oct 25
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 Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Announcement • Oct 19
CVC Capital Reportedly in the Early Stages of Considering Potential Bid for Nexi Nexi S.p.A. (BIT:NEXI) jumped as much as 19% after people with knowledge of the matter said CVC Capital Partners Limited is in the early stages of considering a potential bid for European payments firm. The buyout group has been evaluating Nexi for some time, the people said, asking not to be identified because the information is private. Shares in Nexi hit an intraday record in early trading on October 18, 2023. The stock was up 10% at 12:17 p.m. in Milan, giving the company a market value of €8.3 billion ($8.8 billion). Other investment firms have also been studying Nexi, the people said. Buyout funds could end up partnering on a joint bid for the company given the size of the potential deal, some of the people said. Nexi is among a number of possible targets being studied by CVC, the people said. It hasn’t yet made a formal approach to the Italian firm, and there’s no certainty it will proceed with a bid, they said. Private equity-backed Nexi has grown rapidly through a series of acquisitions in recent years to become one of the biggest players in the European payments industry. Its major shareholders include Hellman & Friedman LLC, as well as a vehicle backed by Bain Capital, LP and Advent International Corporation, according to data compiled by Bloomberg. It’s unclear whether Nexi’s owners would be open to a sale in the near term given the depressed valuation. Representatives for CVC, Nexi, Advent and Hellman & Friedman declined to comment, while a spokesperson for Bain didn’t immediately respond to a request for comment. New Risk • Aug 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 03
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €835.3m (down 32% from 2Q 2022). Net income: €436.1m (up €393.6m from 2Q 2022). Profit margin: 52% (up from 3.4% in 2Q 2022). Revenue is expected to decline by 5.2% p.a. on average during the next 3 years, while revenues in the Diversified Financial industry in Germany are expected to grow by 8.2%. Announcement • Aug 03
Nexi S.p.A. to Report Nine Months, 2023 Results on Nov 09, 2023 Nexi S.p.A. announced that they will report nine months, 2023 results on Nov 09, 2023 Announcement • Jun 21
Nexi S.p.A. to Report Q2, 2023 Results on Aug 01, 2023 Nexi S.p.A. announced that they will report Q2, 2023 results on Aug 01, 2023 Reported Earnings • Mar 09
Full year 2022 earnings released Full year 2022 results: Revenue: €5.43b (up 81% from FY 2021). Net income: €132.3m (up 163% from FY 2021). Profit margin: 2.4% (up from 1.7% in FY 2021). Revenue is expected to decline by 5.5% p.a. on average during the next 3 years, while revenues in the IT industry in Germany are expected to grow by 9.6%. Buying Opportunity • Feb 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be €9.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 7.4%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings is also forecast to grow by 31% per annum over the same time period. Announcement • Feb 09
Nexi S.p.A. to Report Fiscal Year 2022 Results on Mar 06, 2023 Nexi S.p.A. announced that they will report fiscal year 2022 results on Mar 06, 2023 Buying Opportunity • Dec 17
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be €9.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 7.4%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings is also forecast to grow by 33% per annum over the same time period. Reported Earnings • Aug 03
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €48.9m from profit in 1H 2021). Profit margin: (down from 5.3% in 1H 2021). Over the next year, revenue is expected to shrink by 25% compared to a 16% growth forecast for the industry in Germany. Buying Opportunity • Jun 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.1%. The fair value is estimated to be €11.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 36%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings is also forecast to grow by 59% per annum over the same time period. Buying Opportunity • Apr 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 32%. The fair value is estimated to be €11.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings is also forecast to grow by 35% per annum over the same time period. Reported Earnings • Mar 12
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: €3.00b (up 81% from FY 2020). Net income: €50.3m (down 61% from FY 2020). Profit margin: 1.7% (down from 7.8% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 28%. Over the next year, revenue is forecast to grow 11%, compared to a 16% growth forecast for the industry in Germany. Buying Opportunity • Mar 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be €14.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last year. Earnings per share has grown by 41% over the last year. Reported Earnings • Aug 03
First half 2021 earnings released: EPS €0.047 (vs €0.052 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €915.9m (up 39% from 1H 2020). Net income: €48.9m (up 49% from 1H 2020). Profit margin: 5.3% (up from 5.0% in 1H 2020). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Mar 09
New 90-day low: €14.39 The company is down 10.0% from its price of €15.99 on 08 December 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.93 per share. Reported Earnings • Feb 12
Full year 2020 earnings released The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €1.65b (flat on FY 2019). Net income: €128.7m (up 261% from FY 2019). Profit margin: 7.8% (up from 2.2% in FY 2019). Is New 90 Day High Low • Oct 29
New 90-day low: €13.65 The company is down 7.0% from its price of €14.73 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.58 per share. Is New 90 Day High Low • Oct 02
New 90-day high: €17.21 The company is up 5.0% from its price of €16.42 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.04 per share. 
