New Risk • May 20
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 7.8% 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. This is currently the only risk that has been identified for the company. Major Estimate Revision • May 14
Consensus EPS estimates increase by 10%, revenue downgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from €2.33b to €2.28b. EPS estimate rose from €0.168 to €0.185. Net income forecast to shrink 23% next year vs 31% growth forecast for Specialty Retail industry in France . Consensus price target down from €6.58 to €5.57. Share price fell 28% to €2.88 over the past week. Valuation Update With 7 Day Price Move • May 13
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to €3.01, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 8x in the Specialty Retail industry in France. Total loss to shareholders of 34% over the past three years. Announcement • Apr 01
Aramis Group Announces Changes in Governance in Europe Aramis Group announced changes to its organization in Europe to accelerate its strategy to converge toward a unified operating system. The Group is establishing two geographic clusters, expanding the responsibilities of two of its recognized leaders, Romain Boscher and Alejandro Garcia-Mella,. The France–Belgium cluster will be led by Romain Boscher, Chief Executive Officer of Aramisauto (France). He is expanding his scope to the Belgian market, where he will support the deployment of the convergence strategy. Matthias Gommeren is confirmed in his role as Chief Executive Officer of Cardoen (Belgium) and will continue to oversee day-to-day operations. Romain Boscher joined Aramisauto (France) in 2016 as Head of the Development of Customer-Facing Activities before taking leadership of French operations. Under Romain Boscher, Aramisauto (France) has become a European benchmark in customer satisfaction and operational excellence. The Spain–Italy cluster will be led by Alejandro Garcia-Mella, Chief Executive Officer of Clicars (Spain). He will support the deployment of the convergence strategy in the Italian market. Having joined the Group in 2010, Alejandro Garcia-Mella played a key role in structuring operations and the supply chain, first in France and then across the Group, before becoming Chief Executive Officer of Clicars in Spain at the end of 2025. Major Estimate Revision • Feb 20
Consensus EPS estimates fall by 10% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from €0.187 to €0.168 per share. Revenue forecast steady at €2.33b. Net income forecast to shrink 7.5% next year vs 42% growth forecast for Specialty Retail industry in France . Consensus price target down from €6.92 to €6.58. Share price rose 3.4% to €4.21 over the past week. Announcement • Dec 24
Aramis Group SAS, Annual General Meeting, Feb 03, 2026 Aramis Group SAS, Annual General Meeting, Feb 03, 2026. Location: 23 avenue aristide briand, arcueil France Reported Earnings • Nov 27
Full year 2025 earnings released Full year 2025 results: Revenue: €2.38b (up 6.3% from FY 2024). Net income: €19.9m (up 296% from FY 2024). Profit margin: 0.8% (up from 0.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Specialty Retail industry in France. Price Target Changed • Nov 27
Price target decreased by 8.1% to €9.02 Down from €9.82, the current price target is an average from 5 analysts. New target price is 63% above last closing price of €5.53. Stock is down 24% over the past year. Major Estimate Revision • Aug 11
Consensus revenue estimates increase by 12% The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €2.36b to €2.63b. EPS estimate unchanged from €0.19 at last update. Specialty Retail industry in France expected to see average net income growth of 42% next year. Consensus price target of €9.82 unchanged from last update. Share price rose 2.3% to €5.34 over the past week. Major Estimate Revision • Jul 09
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €2.43b to €2.36b. EPS estimate also fell from €0.209 per share to €0.187 per share. Net income forecast to grow 13% next year vs 42% growth forecast for Specialty Retail industry in France. Consensus price target down from €11.08 to €9.82. Share price fell 17% to €6.36 over the past week. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €6.36, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Specialty Retail industry in France. Total returns to shareholders of 63% over the past three years. Price Target Changed • Jul 08
Price target decreased by 11% to €9.82 Down from €11.08, the current price target is an average from 5 analysts. New target price is 48% above last closing price of €6.65. Stock is up 53% over the past year. The company is forecast to post earnings per share of €0.19 for next year compared to €0.061 last year. Announcement • Mar 04
Aramis Group Appoints Alejandro Garcia Mella as Chief Revenue Officer Aramis Group announced the appointment of Alejandro Garcia Mella as Chief Revenue Officer. In his new role, he will be responsible for supporting the Group’s commercial and marketing initiatives, with three key strategic priorities: Accelerating the growth of vehicle and service sales; Optimizing customer acquisition and retention; Continuously enhancing Aramis Group’s value proposition for its customers. Alejandro will focus on strengthening the sharing of know-how and tools across the Group to converge entities with Aramis Group’s unique Operational System, as outlined during the recent Capital Markets Day in November 2024. Aged 47, Alejandro Garcia Mella brings over 20 years of experience in the automotive and e-commerce industries. He began his career at Renault, where he held several sales and marketing positions before joining Avis Budget France. There, he successively served as Director of Fleet Remarketing and then Head of the Commercial Vehicles Business Unit, where he was responsible for fleet rotation optimization, negotiations with manufacturers, and pricing strategy, all with the clear objective of maximizing revenue and profitability. He joined Aramis Group 15 years ago and has since played a key role in the structuring and expansion of the Group across Europe. He notably contributed to the integration of acquisitions, supporting the rise of Clicars in Spain and facilitating Cardoen’s transformation in Belgium into a model focused on refurbished used cars. Over the past three years, as Chief Marketplace and New Business Models Officer, Alejandro has led several strategic developments, including the design and expansion of internal and external marketplaces, which today represent a unique differentiator for Aramis Group in the used car market. Holding a Master’s degree in Management Sciences from Paris Dauphine University and a degree in International Business and Management from Henley Business School, Alejandro combines strategic expertise with a strong operational vision. Major Estimate Revision • Feb 21
Consensus EPS estimates increase by 12% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €0.193 to €0.217. Revenue forecast steady at €2.42b. Net income forecast to grow 258% next year vs 7.8% growth forecast for Specialty Retail industry in France. Consensus price target up from €9.38 to €10.38. Share price was steady at €8.07 over the past week. Price Target Changed • Feb 19
Price target increased by 15% to €10.38 Up from €9.06, the current price target is an average from 5 analysts. New target price is 29% above last closing price of €8.05. Stock is up 107% over the past year. The company is forecast to post earnings per share of €0.20 for next year compared to €0.061 last year. Announcement • Feb 07
Aramis Group Announces Director Appointments Following the Combined General Meeting held on February 4, 2025, Aramis Group announces changes to its governance with the appointment of Sonia Barrière as new independent director and James Weston as a new director representing Stellantis. Their mandates take effect immediately and will continue until the Annual General Meeting of shareholders that will approve the financial statements for the fiscal year ending September 30, 2027. A graduate of the École Nationale des Ponts et Chaussées, Sonia Barrière, 50, brings substantial experience from sectors undergoing significant digital transformation. She has held senior leadership roles at CNP Assurances, Air France-KLM, Avis, and Carlson Wagonlit Travel (CWT), where she spearheaded transformation initiatives and developed customer-centric strategies. She also served as an independent director at SITA (an international air transport telecommunications company) and chaired the Board of Directors of a subsidiary of CNP Assurances. The appointment of James Weston, a British national, to the Board of Directors of Aramis Group marks a key milestone in the company’s journey as a European leader. His international expertise and deep industry knowledge will further strengthen its leadership in the refurbished used car market. At 48 years old, James Weston brings 27 years of experience in the automotive industry, including 24 years with Stellantis. A graduate in Business Management from Bradford University Management Centre, he currently holds the position of Senior Vice President for Used Vehicles at Stellantis, where he oversees the global used vehicles unit and manages operations outside Europe.James Weston began his career at Stellantis & You UK, the directly owned distribution network of Stellantis, where he held various strategic positions before becoming CEO. In 2023, he was entrusted with developing new ventures in the used vehicle segment for Stellantis. He also sits on the boards of several key Stellantis investments, including AutoAvaliar, Carflip, and Africar Group, and oversees the board of FengChe. The composition of the audit, and nomination and remuneration committees remains unchanged. James Weston joins the CSR committee, and Sonia Barrière takes on the role of its Chair, in line with best governance practices. Announcement • Dec 26
Aramis Group SAS, Annual General Meeting, Feb 04, 2025 Aramis Group SAS, Annual General Meeting, Feb 04, 2025. Location: 23 avenue aristide briand, arcueil France Major Estimate Revision • Dec 03
Consensus EPS estimates increase by 125% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €2.49b to €2.55b. EPS estimate increased from €0.08 to €0.18 per share. Net income forecast to grow 195% next year vs 18% growth forecast for Specialty Retail industry in France. Consensus price target up from €6.50 to €7.00. Share price rose 8.9% to €7.36 over the past week. Price Target Changed • Nov 28
Price target increased by 13% to €7.00 Up from €6.18, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €7.23. Stock is up 68% over the past year. New Risk • Nov 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 76% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 27
Full year 2024 earnings released Full year 2024 results: Revenue: €2.24b (up 15% from FY 2023). Net income: €5.01m (up €37.3m from FY 2023). Profit margin: 0.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Specialty Retail industry in France. Major Estimate Revision • Sep 26
Consensus EPS estimates upgraded to €0.15 loss The consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -€0.172 to -€0.149 per share. Revenue forecast steady at €2.23b. Specialty Retail industry in France expected to see average net income growth of 20% next year. Consensus price target up from €6.18 to €6.50. Share price rose 7.1% to €6.07 over the past week. Price Target Changed • Sep 25
Price target increased by 9.7% to €6.50 Up from €5.93, the current price target is an average from 4 analysts. New target price is 8.5% above last closing price of €5.99. Stock is up 48% over the past year. The company is forecast to post a net loss per share of €0.15 next year compared to a net loss per share of €0.39 last year. Buy Or Sell Opportunity • Aug 03
Now 22% undervalued Over the last 90 days, the stock has risen 26% to €4.50. The fair value is estimated to be €5.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 12% in a year. Earnings are forecast to grow by 86% in the next year. Breakeven Date Change • Jul 26
Forecast breakeven date moved forward to 2025 The 5 analysts covering Aramis Group SAS previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 35% to 2024. The company is expected to make a profit of €2.36m in 2025. Average annual earnings growth of 118% is required to achieve expected profit on schedule. Major Estimate Revision • Jul 25
Consensus EPS estimates fall by 15% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -€0.216 to -€0.248 per share. Revenue forecast unchanged at €2.22b. Specialty Retail industry in France expected to see average net income growth of 14% next year. Consensus price target up from €5.93 to €6.18. Share price rose 8.0% to €4.64 over the past week. Major Estimate Revision • Jul 09
Consensus EPS estimates upgraded to €0.22 loss The consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -€0.264 to -€0.216 per share. Revenue forecast steady at €2.21b. Specialty Retail industry in France expected to see average net income growth of 36% next year. Consensus price target of €5.93 unchanged from last update. Share price rose 6.9% to €4.63 over the past week. Price Target Changed • Mar 29
Price target decreased by 15% to €5.00 Down from €5.90, the current price target is an average from 3 analysts. New target price is 49% above last closing price of €3.36. Stock is down 7.4% over the past year. The company is forecast to post a net loss per share of €0.47 next year compared to a net loss per share of €0.39 last year. New Risk • Mar 28
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: €32m Forecast net loss in 2 years: €1.0m 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. This is currently the only risk that has been identified for the company. Breakeven Date Change • Mar 28
No longer forecast to breakeven The 3 analysts covering Aramis Group SAS no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €9.10m in 2025. New consensus forecast suggests the company will make a loss of €9.12m in 2025. Announcement • Nov 29
Aramis Group SAS to Report Q1, 2024 Results on Jan 24, 2024 Aramis Group SAS announced that they will report Q1, 2024 results After-Market on Jan 24, 2024 Reported Earnings • Nov 29
Full year 2023 earnings released Full year 2023 results: Revenue: €1.94b (up 9.9% from FY 2022). Net loss: €32.3m (loss narrowed 46% from FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Specialty Retail industry in France. New Risk • Nov 28
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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Oct 20
Aramis Group SAS, Annual General Meeting, Feb 09, 2024 Aramis Group SAS, Annual General Meeting, Feb 09, 2024. Price Target Changed • Oct 18
Price target decreased by 9.3% to €5.88 Down from €6.48, the current price target is an average from 4 analysts. New target price is 59% above last closing price of €3.69. Stock is down 12% over the past year. Announcement • Aug 14
Aramis Group SAS to Report First Half, 2023 Results on Aug 23, 2023 Aramis Group SAS announced that they will report first half, 2023 results on Aug 23, 2023 Announcement • Jun 21
Aramis Group SAS to Report Fiscal Year 2023 Results on Nov 28, 2023 Aramis Group SAS announced that they will report fiscal year 2023 results After-Market on Nov 28, 2023 Major Estimate Revision • Jun 01
Consensus EPS estimates upgraded to €0.44 loss The consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -€0.516 to -€0.438 per share. Revenue forecast steady at €1.98b. Specialty Retail industry in France expected to see average net income decline 2.7% next year. Consensus price target up from €5.85 to €6.48. Share price rose 15% to €5.64 over the past week. Price Target Changed • May 31
Price target increased by 11% to €6.48 Up from €5.85, the current price target is an average from 4 analysts. New target price is 21% above last closing price of €5.36. Stock is down 1.6% over the past year. Announcement • May 25
Aramis Group SAS to Report Q3, 2023 Results on Jul 17, 2023 Aramis Group SAS announced that they will report Q3, 2023 results at 5:40 PM, Central European Standard Time on Jul 17, 2023 Reported Earnings • May 25
First half 2023 earnings released First half 2023 results: Revenue: €940.8m (up 7.8% from 1H 2022). Net loss: €12.6m (loss narrowed 38% from 1H 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Specialty Retail industry in France. Breakeven Date Change • Apr 15
No longer forecast to breakeven The 5 analysts covering Aramis Group SAS no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €12.0m in 2025. New consensus forecast suggests the company will make a loss of €9.00m in 2025. Price Target Changed • Feb 02
Price target decreased by 10% to €5.54 Down from €6.16, the current price target is an average from 5 analysts. New target price is 29% above last closing price of €4.31. Stock is down 66% over the past year. Announcement • Jan 21
Aramis Group SAS, Annual General Meeting, Feb 10, 2023 Aramis Group SAS, Annual General Meeting, Feb 10, 2023, at 14:30 Central European Standard Time. Location: 23 avenue Aristide Briand Arcueil Ile-de-France France Major Estimate Revision • Dec 16
Consensus EPS estimates fall by 36% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from €2.06b to €2.02b. Losses expected to increase from €0.38 per share to €0.52. Online Retail industry in France expected to see average net income growth of 3.0% next year. Consensus price target down from €6.26 to €5.94. Share price fell 4.5% to €4.28 over the past week. Price Target Changed • Dec 15
Price target decreased to €5.94 Down from €6.46, the current price target is an average from 5 analysts. New target price is 36% above last closing price of €4.37. Stock is down 68% over the past year. Breakeven Date Change • Dec 09
No longer forecast to breakeven The 5 analysts covering Aramis Group SAS no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €270.0k in 2024. New consensus forecast suggests the company will make a loss of €9.00m in 2025. Major Estimate Revision • Dec 08
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 revenue forecast increased from €1.99b to €2.02b. Forecast EPS reduced from -€0.15 to -€0.37 per share. Online Retail industry in France expected to see average net income growth of 0.09% next year. Consensus price target down from €6.56 to €6.26. Share price fell 5.0% to €4.48 over the past week. Breakeven Date Change • Dec 03
Forecast breakeven date pushed back to 2025 The 4 analysts covering Aramis Group SAS previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 82% per year to 2024. The company is expected to make a profit of €12.0m in 2025. Average annual earnings growth of 114% is required to achieve expected profit on schedule. Announcement • Dec 02
Aramis Group SAS to Report Q1, 2023 Results on Jan 25, 2023 Aramis Group SAS announced that they will report Q1, 2023 results After-Market on Jan 25, 2023 Price Target Changed • Nov 16
Price target decreased to €6.46 Down from €7.33, the current price target is an average from 5 analysts. New target price is 33% above last closing price of €4.85. Stock is down 72% over the past year. The company is forecast to post a net loss per share of €0.40 next year compared to a net loss per share of €0.21 last year. Price Target Changed • Sep 14
Price target decreased to €6.46 Down from €7.33, the current price target is an average from 5 analysts. New target price is 27% above last closing price of €5.11. Stock is down 72% 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 €0.21 last year. Major Estimate Revision • Jul 28
Consensus EPS estimates fall by 32% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €1.77b to €1.75b. Losses expected to increase from €0.20 per share to €0.26. Online Retail industry in France expected to see average net income decline 21% next year. Consensus price target down from €11.58 to €8.08. Share price fell 14% to €3.81 over the past week. Reported Earnings • May 16
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €158.0k from profit in 1H 2021). Profit margin: (in line with 1H 2021). Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the industry in France. Major Estimate Revision • Apr 27
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €1.65b to €1.70b. Now expected to report loss of -€0.20 instead of €0 per share profit. Online Retail industry in France expected to see average net income decline 29% next year. Consensus price target down from €19.50 to €17.50. Share price fell 13% to €5.47 over the past week. Reported Earnings • Dec 10
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: €1.26b (up 52% from FY 2020). Net loss: €15.7m (loss widened €14.5m from FY 2020). Revenue missed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 29%, compared to a 27% growth forecast for the retail industry in France. Announcement • Jun 19
Aramis Group SAS has completed an IPO in the amount of €387.999995 million. Aramis Group SAS has completed an IPO in the amount of €387.999995 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,869,565
Price\Range: €23
Transaction Features: Regulation S; Rule 144A 