Announcement • May 28
SYZYGY AG, Annual General Meeting, Jul 03, 2026 SYZYGY AG, Annual General Meeting, Jul 03, 2026, at 10:00 W. Europe Standard Time. Reported Earnings • Apr 16
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: €0.69 loss per share (improved from €0.99 loss in FY 2024). Revenue: €56.8m (down 18% from FY 2024). Net loss: €9.31m (loss narrowed 30% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 64%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. New Risk • Mar 23
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 8.7% 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 Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (€20.8m market cap, or US$24.1m). New Risk • Feb 11
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risk Market cap is less than US$100m (€19.4m market cap, or US$23.1m). Reported Earnings • Feb 07
Full year 2025 earnings released: €0.42 loss per share (vs €0.99 loss in FY 2024) Full year 2025 results: €0.42 loss per share (improved from €0.99 loss in FY 2024). Revenue: €56.8m (down 18% from FY 2024). Net loss: €5.70m (loss narrowed 57% from FY 2024). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Price Target Changed • Nov 24
Price target decreased by 13% to €4.18 Down from €4.78, the current price target is an average from 2 analysts. New target price is 180% above last closing price of €1.49. Stock is down 47% over the past year. The company is forecast to post earnings per share of €0.02 next year compared to a net loss per share of €0.99 last year. Reported Earnings • Nov 04
Third quarter 2025 earnings released: €0.03 loss per share (vs €0.06 profit in 3Q 2024) Third quarter 2025 results: €0.03 loss per share (down from €0.06 profit in 3Q 2024). Revenue: €14.4m (down 19% from 3Q 2024). Net loss: €441.0k (down 150% from profit in 3Q 2024). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Price Target Changed • Aug 13
Price target decreased by 11% to €4.48 Down from €5.05, the current price target is an average from 2 analysts. New target price is 108% above last closing price of €2.15. Stock is down 28% over the past year. The company posted a net loss per share of €0.99 last year. Reported Earnings • Aug 03
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: €14.5m (down 17% from 2Q 2024). Net income: €82.0k (down 89% from 2Q 2024). Profit margin: 0.6% (down from 4.2% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Announcement • May 29
SYZYGY AG, Annual General Meeting, Jul 10, 2025 SYZYGY AG, Annual General Meeting, Jul 10, 2025, at 10:00 W. Europe Standard Time. Reported Earnings • May 05
First quarter 2025 earnings released: EPS: €0.01 (vs €0.072 in 1Q 2024) First quarter 2025 results: EPS: €0.01 (down from €0.072 in 1Q 2024). Revenue: €14.9m (down 15% from 1Q 2024). Net income: €139.0k (down 86% from 1Q 2024). Profit margin: 0.9% (down from 5.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Apr 29
SYZYGY AG to Report Q1, 2025 Results on Apr 30, 2025 SYZYGY AG announced that they will report Q1, 2025 results on Apr 30, 2025 Price Target Changed • Apr 11
Price target decreased by 24% to €5.15 Down from €6.80, the current price target is an average from 2 analysts. New target price is 115% above last closing price of €2.40. Stock is down 15% over the past year. The company is forecast to post earnings per share of €0.20 next year compared to a net loss per share of €0.77 last year. New Risk • Feb 07
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 3.9% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (3.9% net debt to equity). Market cap is less than US$100m (€36.2m market cap, or US$37.6m). Reported Earnings • Feb 07
Full year 2024 earnings released: €0.77 loss per share (vs €0.22 loss in FY 2023) Full year 2024 results: €0.77 loss per share (further deteriorated from €0.22 loss in FY 2023). Revenue: €69.4m (down 3.2% from FY 2023). Net loss: €10.3m (loss widened 254% from FY 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Feb 06
Consensus EPS estimates fall from profit to €0.25 loss The consensus outlook for fiscal year 2024 has been updated. Expected to report loss instead of -€0.252 instead of €0.26 per share profit previously forecast. Revenue forecast unchanged at €69.5m Media industry in Germany expected to see average net income decline 0.4% next year. Consensus price target down from €7.20 to €6.80. Share price fell 12% to €2.68 over the past week. Price Target Changed • Feb 05
Price target decreased by 12% to €6.80 Down from €7.73, the current price target is an average from 3 analysts. New target price is 154% above last closing price of €2.68. Stock is down 11% over the past year. The company is forecast to post earnings per share of €0.26 next year compared to a net loss per share of €0.22 last year. Major Estimate Revision • Nov 24
Consensus EPS estimates increase by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €69.6m to €70.7m. EPS estimate increased from €0.26 to €0.287 per share. Net income forecast to grow 82% next year vs 25% growth forecast for Media industry in Germany. Consensus price target of €7.20 unchanged from last update. Share price was steady at €2.84 over the past week. Major Estimate Revision • Nov 05
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €74.1m to €70.0m. EPS estimate also fell from €0.312 per share to €0.26 per share. Net income forecast to grow 81% next year vs 61% growth forecast for Media industry in Germany. Consensus price target down from €7.36 to €7.20. Share price fell 7.7% to €2.86 over the past week. Reported Earnings • Nov 01
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: €0.06 (up from €0.041 in 3Q 2023). Revenue: €17.6m (down 4.1% from 3Q 2023). Net income: €877.0k (up 57% from 3Q 2023). Profit margin: 5.0% (up from 3.0% in 3Q 2023). Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 4.6%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 29
Second quarter 2024 earnings: Revenues in line with analyst expectations Second quarter 2024 results: Revenue: €17.4m (flat on 2Q 2023). Net income: €724.0k (up €4.74m from 2Q 2023). Profit margin: 4.2% (up from net loss in 2Q 2023). Revenue was in line with analyst estimates. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: €0.07 (vs €0.055 in 1Q 2023) First quarter 2024 results: EPS: €0.07 (up from €0.055 in 1Q 2023). Revenue: €17.6m (down 6.4% from 1Q 2023). Net income: €975.0k (up 31% from 1Q 2023). Profit margin: 5.6% (up from 4.0% in 1Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Announcement • Apr 24
SYZYGY AG, Annual General Meeting, Jul 09, 2024 SYZYGY AG, Annual General Meeting, Jul 09, 2024. Announcement • Apr 17
SYZYGY AG to Report First Half, 2024 Results on Aug 02, 2024 SYZYGY AG announced that they will report first half, 2024 results on Aug 02, 2024 Price Target Changed • Feb 18
Price target decreased by 8.6% to €7.80 Down from €8.53, the current price target is an average from 3 analysts. New target price is 158% above last closing price of €3.02. Stock is down 46% over the past year. The company is forecast to post earnings per share of €0.33 next year compared to a net loss per share of €0.21 last year. Reported Earnings • Feb 11
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: €0.21 loss per share (improved from €0.56 loss in FY 2022). Revenue: €71.7m (up 1.6% from FY 2022). Net loss: €2.75m (loss narrowed 63% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 142%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. New Risk • Dec 04
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 6.5% 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 High level of debt (72% net debt to equity). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€41.6m market cap, or US$45.2m). New Risk • Nov 09
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 72% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Paying a dividend despite being loss-making. Market cap is less than US$100m (€40.0m market cap, or US$42.8m). Reported Earnings • Nov 05
Third quarter 2023 earnings: EPS misses analyst expectations Third quarter 2023 results: EPS: €0.041 (down from €0.08 in 3Q 2022). Revenue: €18.4m (flat on 3Q 2022). Net income: €559.0k (down 50% from 3Q 2022). Profit margin: 3.0% (down from 6.1% in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Announcement • Nov 01
SYZYGY AG Provides Earnings Guidance for the Year 2023 SYZYGY AG provided earnings guidance for the year 2023. For the period, the company expects sales growth in the lower single-digit percentage range in the current financial year, with an operating EBIT margin of between 5% and 7%, including restructuring expenses and before goodwill write-downs. New Risk • Jul 31
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.08x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.08x net interest cover). Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (€55.1m market cap, or US$60.7m). Reported Earnings • Jul 31
Second quarter 2023 earnings: EPS misses analyst expectations Second quarter 2023 results: €0.29 loss per share (down from €0.05 profit in 2Q 2022). Revenue: €17.2m (flat on 2Q 2022). Net loss: €4.01m (down €4.73m from profit in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.1%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Announcement • Jul 06
SYZYGY AG to Report Q1, 2023 Results on Jul 28, 2023 SYZYGY AG announced that they will report Q1, 2023 results on Jul 28, 2023 Upcoming Dividend • Jul 05
Upcoming dividend of €0.22 per share at 4.5% yield Eligible shareholders must have bought the stock before 12 July 2023. Payment date: 14 July 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.4%). Reported Earnings • May 04
First quarter 2023 earnings released First quarter 2023 results: Revenue: €18.7m (up 10.0% from 1Q 2022). Net income: €743.0k (down 31% from 1Q 2022). Profit margin: 4.0% (down from 6.3% in 1Q 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Feb 04
Consensus EPS estimates fall by 94%, revenue upgraded The consensus outlook for fiscal year 2022 has been updated. 2022 revenue forecast increased from €68.0m to €69.0m. EPS estimate fell from €0.298 to €0.017 per share. Net income forecast to shrink 6.3% next year vs 10% decline forecast for Media industry in Germany. Consensus price target of €8.95 unchanged from last update. Share price rose 3.4% to €5.50 over the past week. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 21% share price gain to €5.84, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Media industry in Germany. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.23 per share. Reported Earnings • Oct 31
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: €0.08 (in line with 3Q 2021). Revenue: €18.3m (up 25% from 3Q 2021). Net income: €1.11m (up 9.1% from 3Q 2021). Profit margin: 6.1% (down from 7.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Oct 27
Syzygy Provides Earnings Guidance for 2022 The SYZYGY GROUP expects sales growth of around 15% in the 2022 financial year, combined with an EBIT margin in a range between 8% and 10% before special factors. Reported Earnings • Aug 01
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: €0.05 (down from €0.07 in 2Q 2021). Revenue: €17.3m (up 16% from 2Q 2021). Net income: €718.0k (down 28% from 2Q 2021). Profit margin: 4.1% (down from 6.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 8.8%, compared to a 8.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 29
Upcoming dividend of €0.20 per share Eligible shareholders must have bought the stock before 06 July 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (7.5%). Reported Earnings • Apr 03
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: €0.30 (up from €0.15 in FY 2020). Revenue: €60.1m (up 8.3% from FY 2020). Net income: €4.02m (up 95% from FY 2020). Profit margin: 6.7% (up from 3.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) exceeded analyst estimates by 31%. Over the next year, revenue is forecast to grow 10%, compared to a 8.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 13% per year. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS €0.08 (vs €0.05 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €14.6m (up 6.4% from 3Q 2020). Net income: €1.02m (up 63% from 3Q 2020). Profit margin: 7.0% (up from 4.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS €0.07 (vs €0.012 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €15.0m (up 25% from 2Q 2020). Net income: €993.0k (up €832.0k from 2Q 2020). Profit margin: 6.6% (up from 1.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Upcoming Dividend • May 25
Upcoming dividend of €0.15 per share Eligible shareholders must have bought the stock before 31 May 2021. Payment date: 02 June 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.9%). Price Target Changed • May 07
Price target decreased to €8.80 Down from €10.28, the current price target is an average from 2 analysts. New target price is 43% above last closing price of €6.14. Stock is up 5.9% over the past year. Reported Earnings • May 05
First quarter 2021 earnings released: EPS €0.08 (vs €0.049 in 1Q 2020) The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: €15.1m (flat on 1Q 2020). Net income: €1.07m (up 64% from 1Q 2020). Profit margin: 7.1% (up from 4.4% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS €0.15 (vs €0.26 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €55.5m (down 14% from FY 2019). Net income: €2.06m (down 41% from FY 2019). Profit margin: 3.7% (down from 5.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Mar 27
SYZYGY AG Provides Earnings Guidance for the Full Year of Fiscal 2021 SYZYGY AG provided earnings guidance for the full year of fiscal 2021. The company expects sales growth of around 10% in the 2021 financial year, combined with an EBIT margin in the high single-digit range, representing a significant increase in profitability. The expected sales growth will be delivered by all units, both national and international, with all segments contributing proportionately to profitability. Price Target Changed • Feb 03
Price target raised to €10.28 Up from €9.60, the current price target is an average from 2 analysts. The new target price is 63% above the current share price of €6.30. As of last close, the stock is down 14% over the past year. Is New 90 Day High Low • Feb 03
New 90-day high: €6.30 The company is up 26% from its price of €5.00 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Media industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.58 per share. Major Estimate Revision • Jan 30
Analysts update estimates The 2020 consensus earning per share (EPS) estimate was lowered from €0.29 to €0.16. No change was made to the revenue estimate which at the last update was €55.0m. Net income is expected to grow by 72% next year compared to 22% growth forecast for the Media industry in Germany. The consensus price target of €10.17 was unchanged from the last update. Share price is up 1.7% to €5.85 over the past week. Is New 90 Day High Low • Dec 17
New 90-day high: €6.05 The company is up 24% from its price of €4.88 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.92 per share. Major Estimate Revision • Nov 10
Analysts update estimates The 2020 consensus earning per share (EPS) estimate increased from €0.14 to €0.24. No change was made to the revenue estimate which at the last update was €55.8m. Net income is expected to grow by 80% next year compared to 50% growth forecast for the Media industry in Germany. The consensus price target was lowered from €9.60 to €9.50. Share price is up 1.6% to €4.98 over the past week. Reported Earnings • Nov 05
Third quarter 2020 earnings released: EPS €0.05 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €13.7m (down 14% from 3Q 2019). Net income: €623.0k (down 28% from 3Q 2019). Profit margin: 4.5% (down from 5.4% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 23% per year. Analyst Estimate Surprise Post Earnings • Nov 05
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 83%. Over the next year, revenue is forecast to grow 5.1% while the growth in Media industry in Germany is expected to stay flat. Is New 90 Day High Low • Oct 05
New 90-day high: €5.40 The company is up 3.0% from its price of €5.25 on 07 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Media industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.89 per share.