New Risk • Jul 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.46m (US$9.67m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 53% per year over the past 5 years. Market cap is less than US$10m (€8.46m market cap, or US$9.67m). Minor Risks 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 (9.1% average weekly change). Large one-off items impacting financial results. Upcoming Dividend • Jun 30
Upcoming dividend of €0.10 per share Eligible shareholders must have bought the stock before 07 July 2026. Payment date: 09 July 2026. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of French dividend payers (5.5%). Higher than average of industry peers (4.7%). Announcement • May 29
Qwamplify announces Annual dividend, payable on July 09, 2026 Qwamplify announced Annual dividend of EUR 0.1000 per share payable on July 09, 2026, ex-date on July 07, 2026 and record date on July 08, 2026. Announcement • May 21
Qwamplify, Annual General Meeting, Jun 24, 2026 Qwamplify, Annual General Meeting, Jun 24, 2026. Location: 9 place marie jeanne bassot 92300, levallois perret France New Risk • May 11
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 6.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 53% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€8.67m market cap, or US$10.2m). New Risk • Apr 30
New major risk - Revenue and earnings growth Earnings have declined by 53% 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 Risk Earnings have declined by 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (€8.77m market cap, or US$10.3m). New Risk • Apr 27
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 French stocks, typically moving 10% 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 Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (€8.77m market cap, or US$10.3m). New Risk • Apr 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (€8.41m market cap, or US$9.68m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (9.0% average weekly change). Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €1.63, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 12x in the Media industry in France. Total loss to shareholders of 54% over the past three years. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €1.90, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 11x in the Media industry in France. Total loss to shareholders of 44% over the past three years. New Risk • Feb 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €7.89m (US$9.34m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (€7.89m market cap, or US$9.34m). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.76, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 12x in the Media industry in France. Total loss to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €1.80, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 12x in the Media industry in France. Total loss to shareholders of 60% over the past three years. Announcement • Jul 03
Eniro Group AB (publ) (OM:ENRO) acquired Qwamplify Nordics Ab from Qwamplify (ENXTPA:ALQWA) for €0.70 million. Eniro Group AB (publ) (OM:ENRO) acquired Qwamplify Nordics Ab from Qwamplify (ENXTPA:ALQWA) for €0.70 million on July 1, 2025. A cash consideration of €0.7 million will be paid by Eniro Group AB (publ). As part of consideration, €0.7 million is paid towards common equity of Qwamplify Nordics Ab. The acquisition is financed with own funds. Qwamplify Nordics will continue to operate under its own brand within the Eniro Group.
For the period ending December 31, 2024, Qwamplify Nordics Ab reported total revenue of €3.2 million.
Eniro Group AB (publ) (OM:ENRO) completed the acquisition of Qwamplify Nordics Ab from Qwamplify (ENXTPA:ALQWA) on July 1, 2025. New Risk • May 05
New major risk - Revenue and earnings growth Earnings have declined by 53% 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 Risk Earnings have declined by 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€11.4m market cap, or US$12.9m). New Risk • Jan 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 51% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (€14.0m market cap, or US$14.5m). New Risk • Aug 08
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 French stocks, typically moving 6.8% 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 Earnings have declined by 51% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (€12.7m market cap, or US$13.8m). Reported Earnings • Jun 23
First half 2024 earnings released: EPS: €0.19 (vs €0.11 in 1H 2023) First half 2024 results: EPS: €0.19 (up from €0.11 in 1H 2023). Revenue: €18.3m (up 6.1% from 1H 2023). Net income: €1.10m (up 76% from 1H 2023). Profit margin: 6.0% (up from 3.6% in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Elise Yoshida was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 08
New major risk - Revenue and earnings growth Earnings have declined by 24% 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 Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (€22.2m market cap, or US$24.3m). Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €4.00, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 16x in the Media industry in France. Total loss to shareholders of 47% over the past three years. New Risk • Feb 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (€20.0m market cap, or US$21.6m). New Risk • Dec 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.9% 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 Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (€19.6m market cap, or US$21.2m). Buying Opportunity • Nov 27
Now 21% undervalued Over the last 90 days, the stock is up 5.8%. The fair value is estimated to be €3.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €2.20, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 13x in the Media industry in France. Total loss to shareholders of 61% over the past three years. New Risk • Aug 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (€15.5m market cap, or US$16.9m). Reported Earnings • Feb 02
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: €0.22 (down from €0.69 in FY 2021). Revenue: €32.1m (flat on FY 2021). Net income: €1.27m (down 67% from FY 2021). Profit margin: 3.9% (down from 12% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. 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 14% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €3.60, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Media industry in France. Total loss to shareholders of 37% over the past three years. Reported Earnings • Jul 04
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €1.89m from profit in 1H 2021). Profit margin: (down from 12% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 5.9%, compared to a 5.6% growth forecast for the industry in France. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target increased to €12.10 Up from €10.80, the current price target is provided by 1 analyst. New target price is 74% above last closing price of €6.96. Stock is down 0.9% over the past year. The company is forecast to post earnings per share of €0.70 for next year compared to €0.68 last year. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Co-Founder, Chairman & CEO Cedric Reny was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 01
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: €0.73 (up from €0.40 in FY 2020). Revenue: €31.0m (up 19% from FY 2020). Net income: €4.15m (up 83% from FY 2020). Profit margin: 13% (up from 8.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Over the next year, revenue is forecast to grow 7.5% compared to a 6.1% decline forecast for the industry in France. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jun 16
Price target increased to €10.80 Up from €9.40, the current price target is provided by 1 analyst. New target price is 48% above last closing price of €7.30. Stock is up 30% over the past year. Analyst Estimate Surprise Post Earnings • Feb 03
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 0.05%. Earnings per share (EPS) exceeded analyst estimates by 39%. Over the next year, revenue is forecast to grow 13% compared to a 7.7% decline forecast for the Media industry in France. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS €0.96 (vs €0.49 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €26.6m (up 4.1% from FY 2019). Net income: €5.40m (up 100% from FY 2019). Profit margin: 20% (up from 11% in FY 2019). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Dec 30
New 90-day high: €7.15 The company is up 18% from its price of €6.05 on 01 October 2020. The French market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Media industry, which is up 27% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: €6.30 The company is up 8.0% from its price of €5.85 on 10 September 2020. The French market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 21% over the same period. Price Target Changed • Dec 10
Price target raised to €8.80 Up from €7.50, the current price target is provided by 1 analyst. The new target price is 40% above the current share price of €6.30. As of last close, the stock is up 22% over the past year. Is New 90 Day High Low • Sep 30
New 90-day high: €6.20 The company is up 3.0% from its price of €6.00 on 02 July 2020. The French market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Media industry, which is also up 3.0% over the same period.