New Risk • Jun 05
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 14% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 67% per year over the past 5 years. Minor Risks High level of debt (93% net debt to equity). Market cap is less than US$100m (€12.8m market cap, or US$14.7m). New Risk • May 03
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 12% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 69% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€14.9m market cap, or US$17.4m). Announcement • Apr 02
KPS AG, Annual General Meeting, May 15, 2026 KPS AG, Annual General Meeting, May 15, 2026, at 11:00 W. Europe Standard Time. New Risk • Mar 13
New major risk - Revenue and earnings growth Earnings have declined by 69% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings have declined by 69% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (€15.4m market cap, or US$17.6m). 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 March 2025. 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 Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Market cap is less than US$100m (€17.0m market cap, or US$19.6m). New Risk • Sep 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 11% 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 (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (€31.5m market cap, or US$36.7m). Buy Or Sell Opportunity • Sep 03
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 35% to €0.57. The fair value is estimated to be €0.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 77% in the next 2 years. Reported Earnings • May 09
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: €33.1m (down 11% from 2Q 2024). Net income: €72.0k (up €2.32m from 2Q 2024). Profit margin: 0.2% (up from net loss in 2Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Announcement • Apr 24
KPS AG, Annual General Meeting, May 30, 2025 KPS AG, Annual General Meeting, May 30, 2025, at 11:00 W. Europe Standard Time. Price Target Changed • Mar 26
Price target increased by 16% to €1.01 Up from €0.87, the current price target is an average from 3 analysts. New target price is 26% above last closing price of €0.81. Stock is down 33% over the past year. The company is forecast to post a net loss per share of €0.25 next year compared to a net loss per share of €0.57 last year. New Risk • Feb 17
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.05x 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 Risks Interest payments are not well covered by earnings (0.05x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (€37.1m market cap, or US$38.9m). Reported Earnings • Feb 01
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: €0.57 loss per share (further deteriorated from €0.033 loss in FY 2023). Revenue: €149.4m (down 16% from FY 2023). Net loss: €23.4m (loss widened €22.1m from FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. New Risk • Jan 22
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 11% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€34.8m market cap, or US$36.4m). New Risk • Dec 16
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 9.0% 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 Debt is not well covered by operating cash flow (3.9% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 231% Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€38.7m market cap, or US$40.7m). New Risk • Jul 29
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.9% 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 Risks Debt is not well covered by operating cash flow (3.9% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 231% Minor Risks Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€39.0m market cap, or US$42.4m). Reported Earnings • Jul 26
Third quarter 2024 earnings released: EPS: €0.05 (vs €0.02 loss in 3Q 2023) Third quarter 2024 results: EPS: €0.05 (up from €0.02 loss in 3Q 2023). Revenue: €35.1m (down 17% from 3Q 2023). Net income: €2.23m (up €2.91m from 3Q 2023). Profit margin: 6.4% (up from net loss in 3Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Jul 25
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €162.9m to €151.9m. Losses expected to increase from €0 per share to €0.03. IT industry in Germany expected to see average net income growth of 31% next year. Consensus price target down from €1.14 to €0.95. Share price was steady at €0.94 over the past week. Price Target Changed • Jul 24
Price target decreased by 19% to €0.95 Down from €1.18, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €0.93. Stock is down 53% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.033 last year. Reported Earnings • May 07
Second quarter 2024 earnings released: €0.051 loss per share (vs €0.01 profit in 2Q 2023) Second quarter 2024 results: €0.051 loss per share (down from €0.01 profit in 2Q 2023). Revenue: €37.6m (down 18% from 2Q 2023). Net loss: €2.25m (down €2.63m from profit in 2Q 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance. New Risk • Mar 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% 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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€47.1m market cap, or US$51.3m). Announcement • Mar 14
KPS AG has completed a Follow-on Equity Offering in the amount of €4.30238 million. KPS AG has completed a Follow-on Equity Offering in the amount of €4.30238 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,741,200
Price\Range: €1.15
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 10
First quarter 2024 earnings released: €0.07 loss per share (vs €0.06 profit in 1Q 2023) First quarter 2024 results: €0.07 loss per share (down from €0.06 profit in 1Q 2023). Revenue: €38.9m (down 20% from 1Q 2023). Net loss: €2.71m (down 222% from profit in 1Q 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 44% per year whereas the company’s share price has fallen by 39% per year. New Risk • Feb 16
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 7.2% 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 (57% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (€39.1m market cap, or US$42.1m). Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €1.21, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 21x in the IT industry in Germany. Total loss to shareholders of 74% over the past three years. New Risk • Jan 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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: Minor Risks High level of debt (57% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (€47.5m market cap, or US$51.5m). Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €1.51, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the IT industry in Germany. Total loss to shareholders of 66% over the past three years. New Risk • Jul 31
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 57% 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 (57% net debt to equity). Dividend is not well covered by earnings (100% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (€70.7m market cap, or US$78.0m). Major Estimate Revision • Jul 29
Consensus EPS estimates increase by 63% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.19 to €0.31. Revenue forecast steady at €178.4m. Net income forecast to grow 114% next year vs 23% growth forecast for IT industry in Germany. Consensus price target down from €3.95 to €3.50. Share price fell 8.7% to €1.89 over the past week. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €1.83, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the IT industry in Germany. Total loss to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €2.39, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the IT industry in Germany. Total loss to shareholders of 46% over the past three years. Upcoming Dividend • May 04
Upcoming dividend of €0.19 per share at 6.6% yield Eligible shareholders must have bought the stock before 11 May 2023. Payment date: 15 May 2023. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.1%). Major Estimate Revision • Apr 30
Consensus EPS estimates fall by 36% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €190.1m to €177.0m. EPS estimate also fell from €0.295 per share to €0.19 per share. Net income forecast to grow 24% next year vs 22% growth forecast for IT industry in Germany. Consensus price target of €5.80 unchanged from last update. Share price fell 21% to €2.90 over the past week. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €2.98, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 19x in the IT industry in Germany. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.94 per share. Reported Earnings • Jan 31
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: €0.26 (up from €0.23 in FY 2021). Revenue: €180.4m (up 14% from FY 2021). Net income: €9.55m (up 9.4% from FY 2021). Profit margin: 5.3% (down from 5.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Price Target Changed • Jan 30
Price target increased by 11% to €7.70 Up from €6.95, the current price target is provided by 1 analyst. New target price is 97% above last closing price of €3.90. Stock is down 16% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.23 last year. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €3.78, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 20x in the IT industry in Germany. Total loss to shareholders of 42% over the past three years. Announcement • Jan 18
KPS AG (XTRA:KSC) acquired Graphyte. KPS AG (XTRA:KSC) acquired Graphyte on January 17, 2023. KPS AG (XTRA:KSC) completed the acquisition of Graphyte on January 17, 2023. Price Target Changed • Nov 16
Price target decreased to €5.77 Down from €6.95, the current price target is an average from 3 analysts. New target price is 79% above last closing price of €3.22. Stock is down 30% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.23 last year. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €3.12, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the IT industry in Germany. Total loss to shareholders of 48% over the past three years. Price Target Changed • Sep 10
Price target decreased to €5.77 Down from €6.95, the current price target is an average from 2 analysts. New target price is 46% above last closing price of €3.94. Stock is down 22% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.23 last year. Announcement • Jul 28
KPS AG Common Stock to Be Deleted from OTC Equity KPS AG Common Stock (Germany Federal Republic) will be deleted from OTC Equity effective from July 28, 2022, due to Inactive Security. Reported Earnings • Jul 22
Third quarter 2022 earnings released: EPS: €0.05 (vs €0.09 in 3Q 2021) Third quarter 2022 results: EPS: €0.05 (down from €0.09 in 3Q 2021). Revenue: €44.9m (up 9.5% from 3Q 2021). Net income: €1.94m (down 42% from 3Q 2021). Profit margin: 4.3% (down from 8.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.6%, compared to a 17% 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 18% per year. Announcement • Jul 22
KPS AG Provides Earnings Guidance for the Financial Year 2021/2022 KPS AG provided earnings forecast for the 2021/2022 financial year. For the period, the company expects to be able to increase revenue in the 2021/2022 financial year in the mid to high single-digit percentage range compared to the previous year 2020/2021. Announcement • May 18
KPS AG Confirms Forecast for the Financial Year 2021/2022 KPS AG confirmed forecast for the financial year 2021/2022. KPS confirms its forecast for the financial year 2021/2022 and remains optimistic that the positive order situation will continue throughout the rest of the year. KPS expects to be able to increase revenue in the financial year 2021/2022 in the mid to high single-digit percentage range compared to the previous year 2020/2021. In addition, the Executive Board expects to be able to achieve an EBITDA at least at the level of the previous year 2020/2021. Reported Earnings • May 16
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2022 results: EPS: €0.075 (down from €0.082 in 2Q 2021). Revenue: €45.8m (up 12% from 2Q 2021). Net income: €2.97m (down 9.5% from 2Q 2021). Profit margin: 6.5% (down from 8.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 7.8%. Over the next year, revenue is forecast to grow 4.1%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 16% per year. Upcoming Dividend • May 12
Upcoming dividend of €0.19 per share Eligible shareholders must have bought the stock before 19 May 2022. Payment date: 23 May 2022. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (1.5%). Price Target Changed • Apr 27
Price target increased to €7.33 Up from €6.10, the current price target is an average from 3 analysts. New target price is 69% above last closing price of €4.33. Stock is down 17% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.23 last year. Announcement • Feb 11
KPS AG Provides Earnings Guidance for the Financial Year 2021/2022 KPS AG provided earnings guidance for the financial year 2021/2022. For the year, the company expects to be able to increase revenue in the mid to high single-digit percentage range compared to the previous year 2020/2021. Announcement • Feb 02
KPS AG to Report Q1, 2022 Results on Feb 10, 2022 KPS AG announced that they will report Q1, 2022 results on Feb 10, 2022 Price Target Changed • Jan 29
Price target increased to €6.83 Up from €6.10, the current price target is an average from 3 analysts. New target price is 52% above last closing price of €4.50. Stock is down 12% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.23 last year. Major Estimate Revision • Jan 27
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.27 to €0.23 per share. Revenue forecast steady at €170.5m. Net income forecast to grow 5.4% next year vs 20% growth forecast for IT industry in Germany. Consensus price target up from €6.10 to €6.23. Share price was steady at €4.55 over the past week. Reported Earnings • Jan 22
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: €0.23 (up from €0.22 in FY 2020). Revenue: €158.9m (down 5.3% from FY 2020). Net income: €8.73m (up 7.2% from FY 2020). Profit margin: 5.5% (up from 4.9% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 7.8%. Over the next year, revenue is forecast to grow 7.7%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year and the company’s share price has also fallen by 14% per year. Price Target Changed • Dec 17
Price target decreased to €6.10 Down from €6.90, the current price target is an average from 4 analysts. New target price is 52% above last closing price of €4.01. Stock is down 20% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.22 last year. Reported Earnings • Jul 25
Third quarter 2021 earnings released: EPS €0.09 (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: €41.0m (up 15% from 3Q 2020). Net income: €3.36m (up 98% from 3Q 2020). Profit margin: 8.2% (up from 4.8% in 3Q 2020). 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 18% per year. Announcement • Jul 24
KPS AG Provides Earnings Guidance for the Fiscal Year 2021 KPS AG provided earnings guidance for the fiscal year 2021. The board confirmed the outlook for the business year 2020/2021 and assumes that Group sales will be in a corridor between 5% and 9% while the Group EBITDA will be in a corridor from 3% to 6% below the respective level for the business year 2019/2020. Reported Earnings • May 20
Second quarter 2021 earnings released: EPS €0.082 (vs €0.078 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €41.5m (down 18% from 2Q 2020). Net income: €3.28m (up 6.2% from 2Q 2020). Profit margin: 7.9% (up from 6.1% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 16% per year. Announcement • May 19
KPS AG Confirms Earnings Guidance for the Full Year 2021 KPS AG confirmed earnings guidance for the full year 2021. The company confirmed the forecast made on May 04, 2021 that group sales would lie between 5% - 9% below the levels of the previous business year 2019/2020. Upcoming Dividend • May 17
Upcoming dividend of €0.17 per share Eligible shareholders must have bought the stock before 24 May 2021. Payment date: 27 May 2021. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.3%). Price Target Changed • May 09
Price target decreased to €6.90 Down from €7.50, the current price target is an average from 4 analysts. New target price is 34% above last closing price of €5.16. Stock is down 5.5% over the past year. Announcement • May 05
Kps Ag Provides Revenue Guidance for Year 2020/2021 KPS AG provided revenue guidance for year 2020/2021. The company announced that the Management Board of KPS AG currently assumes that Group revenues for the entire fiscal year 2020/2021 will be in a range of 5% to 9%.