Announcement • Mar 31
Nabag AG, Annual General Meeting, May 20, 2026 Nabag AG, Annual General Meeting, May 20, 2026, at 10:30 W. Europe Standard Time. Reported Earnings • Mar 30
Full year 2025 earnings released Full year 2025 results: Revenue: €907.7k (up 277% from FY 2024). Net income: €2.0k (up €320.2k from FY 2024). Profit margin: 0.2% (up from net loss in FY 2024). New Risk • Jan 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 33% over the past year. Revenue is less than US$1m (€241k revenue, or US$279k). Market cap is less than US$10m (€1.58m market cap, or US$1.83m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (9.8% average weekly change). New Risk • Dec 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 7.7% 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: Major Risks Earnings have declined by 70% per year over the past 5 years. Revenue is less than US$1m (€241k revenue, or US$284k). Market cap is less than US$10m (€1.32m market cap, or US$1.55m). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Announcement • Jun 12
Nabag AG, Annual General Meeting, Jul 30, 2025 Nabag AG, Annual General Meeting, Jul 30, 2025, at 10:00 W. Europe Standard Time. New Risk • May 08
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Revenue is less than US$1m (€359k revenue, or US$404k). Market cap is less than US$10m (€1.30m market cap, or US$1.46m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). New Risk • May 07
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 12% 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 Risks Revenue is less than US$1m (€359k revenue, or US$408k). Market cap is less than US$10m (€2.02m market cap, or US$2.30m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). New Risk • Nov 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (€359k revenue, or US$374k). Market cap is less than US$10m (€2.08m market cap, or US$2.17m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). New Risk • Mar 17
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Revenue is less than US$1m (€652k revenue, or US$710k). Market cap is less than US$10m (€1.98m market cap, or US$2.16m). Buy Or Sell Opportunity • Feb 08
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at €1.01. The fair value is estimated to be €0.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. New Risk • Oct 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (158% increase in shares outstanding). Revenue is less than US$1m (€652k revenue, or US$689k). Market cap is less than US$10m (€2.00m market cap, or US$2.11m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). New Risk • Jul 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 158% This is considered a major 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 Risks Shareholders have been substantially diluted in the past year (158% increase in shares outstanding). Revenue is less than US$1m (€652k revenue, or US$726k). Market cap is less than US$10m (€2.00m market cap, or US$2.22m). New Risk • Jul 02
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (€767.7k market cap, or US$837.8k). Reported Earnings • Jun 16
Full year 2020 earnings released The company reported a decent full year result with improved revenues, although earnings and profit margins were weaker. Full year 2020 results: Revenue: €80.4k (up €78.3k from FY 2019). Net income: €691 (down 99% from FY 2019). Profit margin: 0.9% (down from 2,335% in FY 2019). 