Announcement • Dec 12
EQS Group AG acquired Ethics and Compliance business division from OneTrust LLC. EQS Group AG acquired Ethics and Compliance business division from OneTrust LLC on December 10, 2024.
Goldman Sachs & Co. LLC acted as financial advisor for OneTrust LLC. Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor for OneTrust LLC. Kirkland & Ellis LLP acted as legal advisor for OneTrust LLC.
EQS Group AG completed the acquisition of Ethics and Compliance business division from OneTrust LLC on December 10, 2024. Announcement • Dec 05
EQS Group AG acquired Data Legal Drive for €35 million. EQS Group AG acquired Data Legal Drive for €35 million recently. Data Legal Drive began exclusive negotiations this summer, and the deal was finalized a few days afterward.
Data Legal Drive reports having an annual recurring revenue of €5 million.
Laurent Victor-Michel, Kirsteen Nicol, and Kelsey Laugel Kirkland & Ellis LLP acted as legal advisor for EQS Group AG. Announcement • Jun 21
EQS Group AG, Annual General Meeting, Jul 30, 2024 EQS Group AG, Annual General Meeting, Jul 30, 2024, at 10:00 W. Europe Standard Time. Price Target Changed • Mar 01
Price target decreased by 8.0% to €38.33 Down from €41.65, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of €39.80. Stock is up 75% over the past year. The company is forecast to post a net loss per share of €0.04 next year compared to a net loss per share of €0.34 last year. Price Target Changed • Nov 23
Price target increased by 10% to €40.15 Up from €36.35, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €39.90. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.34 last year. Announcement • Nov 18
Thoma Bravo, L.P., Achim Weick, CEO of EQS Group signed an investment agreement and launched public offer to acquire EQS Group AG (XTRA:EQS) for €400 million. Thoma Bravo, L.P., Achim Weick, CEO of EQS Group signed an investment agreement and launched public offer to acquire EQS Group AG (XTRA:EQS) for €400 million on November 16, 2023. The cash offer Price is €40 per share. Management and supervisory board of EQS Group fully supported the offer and recommended all shareholders to accept the offer. Thoma Bravo has already secured a stake of approximately 60% of total EQS share capital through irrevocable undertakings with key shareholders. EQS Group will delist after completion of offer. Thoma Bravo has underwritten the transaction entirely with equity provided by its funds. Thoma Bravo also agreed to subscribe 10% capital increase by EQS at offer price. Thoma Bravo’s investment will provide EQS with additional funding for future growth initiatives and capital for potential add-on acquisitions. The transaction is subject to customary closing conditions and regulatory clearances. The transaction is expected to complete in January or February 2024.
Goldman Sachs Bank Europe SE acted as financial advisor and GLNS Rechtsanwalte Steuerberater Partnerschaft mbB acted as legal advisor to EQS Group AG. Kirkland & Ellis LLP acted as legal advisor and ParkView Partners GmbH acted as financial advisor to Thoma Bravo. New Risk • Nov 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 16% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. Announcement • Nov 17
EQS in Talks for Takeover Offer from Thoma Bravo EQS Group AG (XTRA:EQS) said on November 15, 2023 it is in advanced talks with U.S. private equity firm Thoma Bravo, L.P. regarding a takeover of the Frankfurt-listed company. Thoma Bravo and EQS are in negotiations over a takeover offer in which EQS shareholders will get €40 for every share held, EQS said in a statement. Announcement • Nov 11
EQS Group Ag Provides Revenue Guidance for the Year of 2023 EQS Group AG provided revenue guidance for the year of 2023. For the year, company expects revenue of 15% to 20%, equivalent to EUR 71 million to EUR 74 million. Announcement • Nov 07
EQS Group AG to Report Nine Months, 2023 Results on Nov 10, 2023 EQS Group AG announced that they will report nine months, 2023 results on Nov 10, 2023 Announcement • Oct 07
EQS Group AG Revises Earnings Guidance for the Year 2023 EQS Group AG revised earnings guidance for the year 2023. The group continues to pursue a profitable growth course. The current increase of expectations underlines the successful implementation of this strategy. Numerous measures to increase productivity and strengthen competitiveness are now taking effect across global site portfolio. Product mix shifts have also contributed to this. As a result, the company are raising guidance for EBIT before currency effects in fiscal 2023 to EUR 26 million - EUR 29 million (previously: EUR 23 million - EUR 26 million; fiscal 2022: EUR 27.5 million). The more optimistic earnings outlook, together with the longer payment terms on the supplier side already explained in the half-year financial report, should lead to positive free cash flow in the mid-single-digit million euro range (previously: negative free cash flow in the mid-single-digit million euro range; fiscal 2022: EUR -5.8 million). Announcement • Sep 07
EQS Group AG to Report Q2, 2023 Results on Sep 22, 2023 EQS Group AG announced that they will report Q2, 2023 results on Sep 22, 2023 Reported Earnings • Aug 13
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €18.5m (up 13% from 2Q 2022). Net loss: €335.0k (loss narrowed 59% from 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Jul 12
EQS Group AG to Report Q2, 2023 Results on Aug 10, 2023 EQS Group AG announced that they will report Q2, 2023 results on Aug 10, 2023 Buying Opportunity • Jun 28
Now 21% undervalued Over the last 90 days, the stock is up 20%. The fair value is estimated to be €34.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • May 31
Now 21% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be €34.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making. Major Estimate Revision • May 17
Consensus EPS estimates upgraded to €0.06 loss The consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -€0.075 to -€0.06 per share. Revenue forecast unchanged from €73.4m at last update. Software industry in Germany expected to see average net income growth of 18% next year. Consensus price target up from €34.00 to €34.83. Share price rose 16% to €24.40 over the past week. Announcement • May 09
EQS Group AG to Report Q1, 2023 Results on May 12, 2023 EQS Group AG announced that they will report Q1, 2023 results on May 12, 2023 Major Estimate Revision • Apr 19
Consensus EPS estimates upgraded to €0.075 loss The consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -€0.09 to -€0.075 per share. Revenue forecast steady at €73.4m. Software industry in Germany expected to see average net income growth of 19% next year. Consensus price target of €34.96 unchanged from last update. Share price was steady at €22.70 over the past week. Major Estimate Revision • Apr 05
Consensus EPS estimates fall from profit to €0.09 loss The consensus outlook for fiscal year 2023 has been updated. Expected to report loss instead of -€0.09 instead of €0.046 per share profit previously forecast. Revenue forecast unchanged at €73.3m Software industry in Germany expected to see average net income growth of 21% next year. Consensus price target broadly unchanged at €34.96. Share price was steady at €22.90 over the past week. Price Target Changed • Feb 17
Price target decreased by 7.3% to €37.96 Down from €40.96, the current price target is an average from 6 analysts. New target price is 69% above last closing price of €22.50. Stock is down 35% over the past year. The company is forecast to post a net loss per share of €0.20 next year compared to a net loss per share of €0.81 last year. Reported Earnings • Nov 16
Third quarter 2022 earnings released: €0.034 loss per share (vs €0.15 loss in 3Q 2021) Third quarter 2022 results: €0.034 loss per share (improved from €0.15 loss in 3Q 2021). Revenue: €16.0m (up 19% from 3Q 2021). Net loss: €353.0k (loss narrowed 74% from 3Q 2021). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 126 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 13
Third quarter 2022 earnings released: €0.034 loss per share (vs €0.15 loss in 3Q 2021) Third quarter 2022 results: €0.034 loss per share (improved from €0.15 loss in 3Q 2021). Revenue: €16.0m (up 19% from 3Q 2021). Net loss: €353.0k (loss narrowed 74% from 3Q 2021). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
Second quarter 2022 earnings released: €0.082 loss per share (vs €0.06 loss in 2Q 2021) Second quarter 2022 results: €0.082 loss per share (down from €0.06 loss in 2Q 2021). Revenue: €16.7m (up 33% from 2Q 2021). Net loss: €819.0k (loss widened 79% from 2Q 2021). Over the next year, revenue is forecast to grow 30%, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance. Announcement • Aug 12
EGS Group Ag Provides Revenue Guidance for the Year 2022 EQS Group AG provided revenue guidance for the year 2022. For the year, the management Board is planning an increase in revenue of 30% to 40% to then EUR 65 million to EUR 70 million. Announcement • May 14
EQS Group AG Provides Group Earnings Guidance for the Years 2022 EQS Group AG provided group earnings guidance for the years 2022. For the 2022 financial year, the Management Board is planning an increase in revenue of 30% to 40% (previously 30% to 50%) to then EUR 65 million to EUR 70 million. Reported Earnings • May 14
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: €0.11 loss per share (vs €0.11 loss in 1Q 2021). Revenue: €14.8m (up 33% from 1Q 2021). Net loss: €971.0k (loss widened 13% from 1Q 2021). Revenue missed analyst estimates by 7.1%. Earnings per share (EPS) also missed analyst estimates by 61%. Over the next year, revenue is forecast to grow 34%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 28
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: €0.81 loss per share (down from €0.12 loss in FY 2020). Revenue: €52.5m (up 34% from FY 2020). Net loss: €6.63m (loss widened €5.76m from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 61%. Over the next year, revenue is forecast to grow 34%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Announcement • Feb 19
EQS Group AG (XTRA:EQS) signed an exclusive letter of intent to acquire DFGE Institute for Energy, Ecology and Economy GmbH. EQS Group AG (XTRA:EQS) signed an exclusive letter of intent to acquire DFGE Institute for Energy, Ecology and Economy GmbH on February 17, 2022. Announcement • Feb 18
EQS Group AG Confirms Earnings Guidance for the Financial Year 2022 and 2025 EQS Group AG provided earnings guidance for the financial year 2022 and 2025. For the year 2022, The Management Board is planning an increase in sales of 30% to 50% to then EUR 65 million to EUR 75 million.For the year 2025, the company confirms its target of achieving sales of EUR 130 million in the financial year 2025. Announcement • Feb 04
EQS Group AG, Annual General Meeting, Jun 28, 2022 EQS Group AG, Annual General Meeting, Jun 28, 2022. Announcement • Jan 28
EQS Group AG Provides Earnings Guidance for the Financial Year 2022 and 2025 EQS Group AG provided earnings guidance for the financial year 2022 and 2025. For the year 2022, The Management Board is planning an increase in sales of 30 to 50% to then EUR 65 million to EUR 75 million.For the year 2025, the company confirms its target of achieving sales of EUR 130 million in the financial year 2025. Reported Earnings • Nov 17
Third quarter 2021 earnings released: €0.15 loss per share (vs €0.087 loss in 3Q 2020) The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €13.9m (up 45% from 3Q 2020). Net loss: €1.35m (loss widened 141% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Announcement • Sep 23
EQS Group AG (XTRA:EQS) announces an Equity Buyback for 12,000 shares, for €0.5 million. EQS Group AG (XTRA:EQS) announces a share repurchase program. Under the program, the company will repurchase up to 12,000 shares for €0.5 million. The shares repurchased will be used to implement the employee participation program. The program will be valid until October 11, 2021. Reported Earnings • Aug 14
Second quarter 2021 earnings released: €0.068 loss per share (vs €0.049 profit in 2Q 2020) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: €12.8m (up 18% from 2Q 2020). Net loss: €765.1k (down 302% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Major Estimate Revision • Jun 22
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €46.5m to €49.6m. Forecast EPS reduced from -€0.38 to -€0.43 per share. Software industry in Germany expected to see average net income growth of 8.5% next year. Consensus price target up from €35.06 to €43.78. Share price rose 6.1% to €38.00 over the past week. Announcement • Jun 17
EQS Group AG announced that it has received €22.42 million in funding EQS Group AG (XTRA:EQS) announced a private placement of 590,000 shares at a price of €38 per share for gross proceeds of €22,400,000 on June 15, 2021. The transaction included participation from institutional investors as well as members of management and the supervisory board. Price Target Changed • Jun 17
Price target increased to €39.78 Up from €36.18, the current price target is an average from 6 analysts. New target price is 7.5% above last closing price of €37.00. Stock is up 115% over the past year. Major Estimate Revision • May 27
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 losses forecast to reduce from -€0.61 to -€0.41 per share. Revenue forecast unchanged from €46.5m at last update. Software industry in Germany expected to see average net income growth of 12% next year. Consensus price target of €36.10 unchanged from last update. Share price was steady at €30.80 over the past week. Executive Departure • May 25
Member of the Supervisory Board has left the company On the 14th of May, Peter Conzatti's tenure in the role of Member of the Supervisory Board ended. As of March 2021, Peter personally held 78.82k shares (€993k worth at the time). Peter is the only executive to leave the company over the last 12 months. Major Estimate Revision • May 21
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 expected loss increased from -€0.39 to -€0.61 per share. Revenue forecast of €46.5m unchanged since last update. Software industry in Germany expected to see average net income growth of 12% next year. Consensus price target of €37.47 unchanged from last update. Share price was steady at €31.20 over the past week. Reported Earnings • May 15
First quarter 2021 earnings released The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: €11.5m (up 29% from 1Q 2020). Net loss: €861.9k (loss widened 252% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
EQS Group AG Provides Earnings Guidance for the Year 2021 EQS Group AG provided earnings guidance for the year 2021. For the 2021 financial year, the Executive Board is planning an increase in revenue of 20% to 30% to between EUR 45 million and EUR 49 million. Reported Earnings • Apr 03
Full year 2020 earnings released: €0.12 loss per share (vs €0.14 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: €39.8m (up 14% from FY 2019). Net loss: €866.2k (loss narrowed 11% from FY 2019). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 01
EQS Group AG Provides Earnings Guidance for the Year 2021 EQS Group AG provided earnings guidance for the year 2021. For the period, the company expects to increase in revenue of 20% to 30% to between EUR 45 million and EUR 49 million. Investments in marketing and sales for the acquisition of new customers in relation to the implementation of the EU whistleblower protection directive will temporarily lead to a lower EBITDA in the range of EUR 1 million to EUR 2 million. Price Target Changed • Mar 18
Price target increased to €27.23 Up from €24.25, the current price target is an average from 5 analysts. New target price is 20% below last closing price of €34.00. Stock is up 240% over the past year. Announcement • Feb 16
EQS Group AG to Report Fiscal Year 2020 Results on Mar 31, 2021 EQS Group AG announced that they will report fiscal year 2020 results on Mar 31, 2021 Announcement • Feb 05
EQS Group AG, Annual General Meeting, May 14, 2021 EQS Group AG, Annual General Meeting, May 14, 2021. Announcement • Feb 04
EQS Group AG (XTRA:EQS) completed the acquisition of 23% stake in C2S2 GmbH. EQS Group AG (XTRA:EQS) agreed to acquire 23% stake in C2S2 GmbH on December 22, 2020. The purchase price for the participation is in the lower one-digit million Euro range. The transaction will be financed with funds from the recent capital increase. It is connected with an option to acquire all shares in the company. The transaction will be effective at the beginning of the new year.
EQS Group AG (XTRA:EQS) completed the acquisition of 23% stake in C2S2 GmbH on February 3, 2021. Is New 90 Day High Low • Jan 27
New 90-day high: €37.80 The company is up 75% from its price of €21.60 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software 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 €12.67 per share. Is New 90 Day High Low • Jan 06
New 90-day high: €29.20 The company is up 25% from its price of €23.40 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.65 per share. Announcement • Dec 23
EQS Group AG (XTRA:EQS) agreed to acquire 23% stake in C2S2 GmbH. EQS Group AG (XTRA:EQS) agreed to acquire 23% stake in C2S2 GmbH on December 22, 2020. The purchase price for the participation is in the lower one-digit million Euro range. The transaction will be financed with funds from the recent capital increase. It is connected with an option to acquire all shares in the company. The transaction will be effective at the beginning of the new year. Price Target Changed • Dec 02
Price target raised to €25.93 Up from €23.10, the current price target is an average from 5 analysts. The new target price is 5.4% below the current share price of €27.40. As of last close, the stock is up 142% over the past year. Announcement • Dec 01
EQS Group AG (XTRA:EQS) entered into an agreement to acquire Got Ethics for €10 million. EQS Group AG (XTRA:EQS) entered into an agreement to acquire Got Ethics for €10 million on November 30, 2020. The initial purchasing price is €10 million with the final amount depending on earn-out components over a term of 24 months. The transaction is financed by an acquisition loan from Commerzbank Munich. Peter Dagø, Chief Executive Officer and Jesper Dannemann, Chief Operational Officer of Got Ethics will continue to hold responsible positions within EQS Group AG. Reported Earnings • Nov 17
Third quarter 2020 earnings released: €0.087 loss per share The company reported a soft third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: €9.65m (up 13% from 3Q 2019). Net loss: €562.3k (down 132% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year. Analyst Estimate Surprise Post Earnings • Nov 17
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 8.3%, compared to a 13% growth forecast for the Software industry in Germany. Is New 90 Day High Low • Nov 16
New 90-day high: €24.40 The company is up 11% from its price of €22.00 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.90 per share. Is New 90 Day High Low • Oct 09
New 90-day high: €23.60 The company is up 20% from its price of €19.60 on 10 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 Software industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.84 per share. Is New 90 Day High Low • Oct 06
New 90-day low: €22.60 The company is down 77% from its price of €97.00 on 08 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software 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 €49.24 per share. Announcement • Aug 27
EQS Group AG to Report Q3, 2020 Results on Nov 13, 2020 EQS Group AG announced that they will report Q3, 2020 results on Nov 13, 2020 Announcement • Aug 06
EQS Group AG to Report First Half, 2020 Results on Aug 14, 2020 EQS Group AG announced that they will report first half, 2020 results on Aug 14, 2020