Announcement • Aug 01
Smartbroker Holding AG, Annual General Meeting, Sep 11, 2025 Smartbroker Holding AG, Annual General Meeting, Sep 11, 2025, at 11:00 W. Europe Standard Time. New Risk • Oct 23
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: €6.3m Forecast net loss in 2 years: €1.2m 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 2 years (€1.2m net loss in 2 years). Shareholders have been diluted in the past year (7.0% increase in shares outstanding). Price Target Changed • Oct 23
Price target increased by 26% to €12.00 Up from €9.53, the current price target is an average from 2 analysts. New target price is 50% above last closing price of €8.02. Stock is down 19% over the past year. The company is forecast to post a net loss per share of €0.30 next year compared to a net loss per share of €0.38 last year. Reported Earnings • Sep 03
First half 2024 earnings released First half 2024 results: Revenue: €25.7m (up 2.1% from 1H 2023). Net loss: €2.09m (loss widened 18% from 1H 2023). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Jul 24
Smartbroker Holding AG, Annual General Meeting, Sep 03, 2024 Smartbroker Holding AG, Annual General Meeting, Sep 03, 2024, at 11:00 W. Europe Standard Time. New Risk • Jul 05
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 Risk No financial data reported. Minor Risk Shareholders have been diluted in the past year (7.0% increase in shares outstanding). New Risk • May 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.0% 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. This is currently the only risk that has been identified for the company. Price Target Changed • Apr 09
Price target decreased by 22% to €9.53 Down from €12.23, the current price target is an average from 3 analysts. New target price is 48% above last closing price of €6.46. Stock is down 32% over the past year. The company is forecast to post a net loss per share of €0.28 next year compared to a net loss per share of €0.64 last year. Announcement • Mar 27
Smartbroker Holding AG to Report First Half, 2024 Results on Sep 01, 2024 Smartbroker Holding AG announced that they will report first half, 2024 results on Sep 01, 2024 Price Target Changed • Mar 13
Price target decreased by 11% to €11.63 Down from €13.10, the current price target is an average from 4 analysts. New target price is 71% above last closing price of €6.80. Stock is down 20% over the past year. The company is forecast to post a net loss per share of €0.28 next year compared to a net loss per share of €0.64 last year. Announcement • Oct 20
Smartbroker Holding Ag Elects Daniel Berger to Supervisory Board Smartbroker Holding AG approved Berlin lawyer Daniel Berger elected to the Supervisory Board. Price Target Changed • Oct 01
Price target increased by 7.4% to €13.80 Up from €12.85, the current price target is an average from 3 analysts. New target price is 27% above last closing price of €10.85. Stock is up 73% over the past year. The company is forecast to post a net loss per share of €0.32 next year compared to a net loss per share of €0.64 last year. Announcement • Aug 30
Smartbroker Holding AG to Report First Half, 2023 Results on Sep 13, 2023 Smartbroker Holding AG announced that they will report first half, 2023 results on Sep 13, 2023 Reported Earnings • Jul 21
Full year 2022 earnings released Full year 2022 results: Revenue: €56.5m (up 15% from FY 2021). Net loss: €10.1m (loss widened €9.58m from FY 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Interactive Media and Services industry in Europe. Price Target Changed • Apr 14
Price target decreased by 14% to €16.43 Down from €19.13, the current price target is an average from 4 analysts. New target price is 62% above last closing price of €10.15. Stock is down 42% over the past year. The company is forecast to post earnings per share of €0.022 next year compared to a net loss per share of €0.034 last year. Price Target Changed • Jan 31
Price target decreased by 19% to €20.83 Down from €25.57, the current price target is an average from 2 analysts. New target price is 191% above last closing price of €7.15. Stock is down 66% over the past year. The company is forecast to post earnings per share of €0.079 next year compared to a net loss per share of €0.034 last year. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €7.02, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 19x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 14% over the past three years. Announcement • Jan 21
Smartbroker Holding AG to Report Fiscal Year 2022 Results on Feb 01, 2023 Smartbroker Holding AG announced that they will report fiscal year 2022 results on Feb 01, 2023 Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €6.18, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 7.4% over the past three years. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improved over the past week After last week's 24% share price gain to €7.76, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 45% over the past three years. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €6.75, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 24% over the past three years. Price Target Changed • Aug 26
Price target decreased to €26.17 Down from €29.91, the current price target is an average from 5 analysts. New target price is 167% above last closing price of €9.80. Stock is down 56% over the past year. The company is forecast to post earnings per share of €0.29 next year compared to a net loss per share of €0.034 last year. Reported Earnings • May 20
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: €49.7m (up 262% from FY 2020). Net loss: €536.9k (down 116% from profit in FY 2020). Revenue missed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 28%, compared to a 25% growth forecast for the industry in Germany. Price Target Changed • Mar 17
Price target decreased to €30.54 Down from €33.43, the current price target is an average from 5 analysts. New target price is 78% above last closing price of €17.15. Stock is down 14% over the past year. The company is forecast to post earnings per share of €0.18 for next year compared to €0.23 last year. Reported Earnings • Sep 17
First half 2021 earnings released: €0.28 loss per share (vs €0.15 profit in 1H 2020) The company reported a mediocre first half result with weaker earnings and weaker control over costs, although revenues improved. First half 2021 results: Revenue: €11.5m (up 83% from 1H 2020). Net loss: €4.28m (down 303% from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 67% per year, which means it is well ahead of earnings. Price Target Changed • Jun 18
Price target increased to €31.75 Up from €28.50, the current price target is an average from 4 analysts. New target price is 25% above last closing price of €25.50. Stock is up 303% over the past year. Reported Earnings • Jun 13
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €14.0m (up 63% from FY 2019). Net income: €3.36m (up 77% from FY 2019). Profit margin: 24% (up from 22% in FY 2019). The increase in margin was driven by higher revenue. Price Target Changed • Feb 04
Price target raised to €17.18 Up from €15.08, the current price target is an average from 4 analysts. The new target price is 23% below the current share price of €22.40. As of last close, the stock is up 261% over the past year. Is New 90 Day High Low • Feb 03
New 90-day high: €19.85 The company is up 60% from its price of €12.40 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.23 per share. Price Target Changed • Dec 08
Price target raised to €15.08 Up from €13.75, the current price target is an average from 4 analysts. The new target price is close to the current share price of €14.40. As of last close, the stock is up 153% over the past year. Is New 90 Day High Low • Nov 05
New 90-day high: €12.40 The company is up 61% from its price of €7.73 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.33 per share. Valuation Update With 7 Day Price Move • Nov 05
Market bids up stock over the past week After last week's 20% share price gain to €11.25, the stock is trading at a trailing P/E ratio of 62.7x, up from the previous P/E ratio of 52.4x. This compares to an average P/E of 31x in the Interactive Media and Services industry in Europe. Total returns to shareholders over the past three years are 183%. Is New 90 Day High Low • Oct 07
New 90-day high: €89.60 The company is up 47% from its price of €61.00 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €114 per share. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total profits of €2.57m, down 17% from the prior year. Total revenue was €10.4m over the last 12 months, up 28% from the prior year.