Buy Or Sell Opportunity • Jun 11
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 6.8% to €24.40. The fair value is estimated to be €20.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 46%. Buy Or Sell Opportunity • May 25
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to €25.60. The fair value is estimated to be €20.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 46%. Announcement • May 01
WALLIX GROUP SA, Annual General Meeting, May 04, 2026 WALLIX GROUP SA, Annual General Meeting, May 04, 2026. Location: 250 bis rue du faubourg saint honore, paris France Price Target Changed • Feb 15
Price target increased by 9.8% to €33.50 Up from €30.50, the current price target is an average from 2 analysts. New target price is 33% above last closing price of €25.10. Stock is up 102% over the past year. The company is forecast to post earnings per share of €0.02 next year compared to a net loss per share of €0.65 last year. New Risk • Feb 11
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 7.2% 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. This is currently the only risk that has been identified for the company. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2026 The 2 analysts covering WALLIX GROUP previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of €5.55m in 2026. Average annual earnings growth of 114% is required to achieve expected profit on schedule. Announcement • Nov 26
WALLIX GROUP SA (ENXTPA:ALLIX) acquired Malizen SAS. WALLIX GROUP SA (ENXTPA:ALLIX) acquired Malizen SAS for €1.6 million on November 25, 2025. All Malizen shareholders will thus become WALLIX shareholders and have undertaken to hold all the shares received for a minimum period of six months. The transaction, which is non-equity-dilutive, preserves the Group’s financial strength. The transaction involves the acquisition of 100% of the shares comprising Malizen’s share capital on the basis of an enterprise value of €1.6 million, including €0.2 million in net financial debt i.e, 80% of the value of the shares (i.e. €1.1 million) paid immediately, including €0.2 million in cash and the balance through the allocation of 37,764 existing treasury shares of WALLIX1 representing 0.56% of the share capital; 20% of the value of the shares (i.e. €0.3 million) conditional upon the achievement of technological and financial performance targets and paid in equal installments in September 2026 and September 2027, with 50% in cash and 50% in WALLIX shares.
WALLIX GROUP SA (ENXTPA:ALLIX) completed the acquisition of Malizen SAS on November 25, 2025. Breakeven Date Change • Oct 16 The 2 analysts covering WALLIX GROUP previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of €380.0k in 2025. Earnings growth of 98% is required to achieve expected profit on schedule.
Board Change • Oct 15
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Thierry Rouquet was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Breakeven Date Change • Aug 04
Forecast to breakeven in 2025 The 2 analysts covering WALLIX GROUP expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €400.0k in 2025. Earnings growth of 92% is required to achieve expected profit on schedule. New Risk • Jun 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 7.2% 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. This is currently the only risk that has been identified for the company. New Risk • May 11
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 7.4% 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 • Apr 29
WALLIX GROUP SA, Annual General Meeting, Jun 05, 2025 WALLIX GROUP SA, Annual General Meeting, Jun 05, 2025. Location: 250 bis rue du faubourg saint honore, paris France Reported Earnings • Mar 24
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: €0.65 loss per share (improved from €1.30 loss in FY 2023). Revenue: €41.3m (up 23% from FY 2023). Net loss: €4.29m (loss narrowed 50% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Software industry in France. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Price Target Changed • Jul 22
Price target decreased by 18% to €13.50 Down from €16.50, the current price target is an average from 2 analysts. New target price is 69% above last closing price of €8.00. Stock is down 28% over the past year. The company is forecast to post a net loss per share of €0.24 next year compared to a net loss per share of €1.30 last year. New Risk • Jul 21
New major risk - Revenue and earnings growth Earnings have declined by 4.9% 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 4.9% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€52.0m market cap, or US$56.6m). Major Estimate Revision • Apr 14
Consensus EPS estimates upgraded to €0.23 loss The consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -€0.26 to -€0.225 per share. Revenue forecast unchanged from €38.9m at last update. Software industry in France expected to see average net income growth of 41% next year. Consensus price target of €16.50 unchanged from last update. Share price rose 5.9% to €9.10 over the past week. Reported Earnings • Mar 26
Full year 2023 earnings: Revenues in line with analyst expectations Full year 2023 results: Revenue: €35.1m (up 21% from FY 2022). Net loss: €8.53m (loss widened 42% from FY 2022). Revenue was in line with analyst estimates. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Software industry in France. Major Estimate Revision • Mar 24
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 €39.4m to €38.9m. Now expected to report a loss of €0.26 per share instead of €0.04 per share profit previously forecast. Software industry in France expected to see average net income growth of 48% next year. Consensus price target down from €17.00 to €16.50. Share price fell 12% to €8.34 over the past week. Breakeven Date Change • Mar 22
Forecast breakeven date pushed back to 2025 The 2 analysts covering WALLIX GROUP previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of €4.00m in 2025. Average annual earnings growth of 72% is required to achieve expected profit on schedule. Announcement • Dec 08
WALLIX GROUP SA to Report Fiscal Year 2023 Results on Mar 21, 2024 WALLIX GROUP SA announced that they will report fiscal year 2023 results on Mar 21, 2024 New Risk • Oct 27
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 6.6% 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 (6.6% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (€49.3m market cap, or US$52.1m). Major Estimate Revision • Oct 19
Consensus EPS estimates fall by 56% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €31.8m to €31.0m. Losses expected to increase from €0.62 per share to €0.97. Software industry in France expected to see average net income growth of 22% next year. Consensus price target of €17.00 unchanged from last update. Share price fell 10.0% to €7.48 over the past week. Reported Earnings • Oct 15
First half 2023 earnings released First half 2023 results: Revenue: €16.2m (up 26% from 1H 2022). Net loss: €5.44m (loss widened 50% from 1H 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Software industry in France. New Risk • Jul 28
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: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€68.8m market cap, or US$75.9m). Major Estimate Revision • Jul 23
Consensus EPS estimates fall by 15% The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -€0.54 to -€0.62 per share. Revenue forecast unchanged at €31.8m. Software industry in France expected to see average net income growth of 13% next year. Consensus price target of €17.00 unchanged from last update. Share price fell 6.3% to €11.00 over the past week. Price Target Changed • Jul 03
Price target decreased by 11% to €17.00 Down from €19.00, the current price target is an average from 2 analysts. New target price is 66% above last closing price of €10.26. Stock is down 28% over the past year. The company is forecast to post a net loss per share of €0.54 next year compared to a net loss per share of €1.01 last year. Announcement • Jun 09
WALLIX GROUP SA announced that it expects to receive €9 million in funding WALLIX GROUP SA announced a private placement of common shares at an issue price of €10.50 per share for gross proceeds of around €4,000,000 and entered into an agreement for the private placement of convertible bonds for gross proceeds of €5,000,000 for aggregate gross proceeds of around €9,000,000 on June 8, 2023. The bonds transaction will fully include participation from investment funds managed by NextStage AM. The common shares will will involve accelerated book building and will be issued without preferential subscription rights. The bonds will have a coupon rate of 6%, annual non-conversion premium of 8% (non-compounded) and will mature in four tranches from December 31, 2026 to December 31, 2029. The bonds will be convertible at an issue price of €16. Announcement • May 17
WALLIX GROUP SA (ENXTPA:ALLIX) acquired Kleverware for €0.25 million. WALLIX GROUP SA (ENXTPA:ALLIX) acquired Kleverware for €0.25 million on May 16, 2023. WALLIX paid an initial price of €250,000 paid in cash, with possible earnouts subject to the presence of the Kleverware founding shareholders and Kleverware’s performance.WALLIX GROUP SA (ENXTPA:ALLIX) completed the acquisition of Kleverware on May 16, 2023. Breakeven Date Change • Mar 26
Forecast to breakeven in 2024 The 2 analysts covering WALLIX GROUP expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 46% to 2023. The company is expected to make a profit of €1.15m in 2024. Average annual earnings growth of 103% is required to achieve expected profit on schedule. Reported Earnings • Mar 24
Full year 2022 earnings released Full year 2022 results: Revenue: €31.0m (up 12% from FY 2021). Net loss: €6.00m (loss widened 103% from FY 2021). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Software industry in France. Buying Opportunity • Mar 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.2%. The fair value is estimated to be €13.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 54% in the next 2 years. Breakeven Date Change • Feb 10
Forecast to breakeven in 2024 The 2 analysts covering WALLIX GROUP expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €2.40m in 2024. Average annual earnings growth of 92% is required to achieve expected profit on schedule. Price Target Changed • Nov 16
Price target decreased to €19.00 Down from €25.50, the current price target is an average from 2 analysts. New target price is 58% above last closing price of €12.02. Stock is down 64% over the past year. The company is forecast to post a net loss per share of €0.71 next year compared to a net loss per share of €0.50 last year. Breakeven Date Change • Oct 17
Forecast to breakeven in 2024 The 2 analysts covering WALLIX GROUP expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €200.0k in 2024. Average annual earnings growth of 69% is required to achieve expected profit on schedule. Reported Earnings • Oct 14
First half 2022 earnings released First half 2022 results: Revenue: €14.1m (up 13% from 1H 2021). Net loss: €3.64m (loss widened 34% from 1H 2021). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in France. Breakeven Date Change • Jul 23
Forecast to breakeven in 2024 The 2 analysts covering WALLIX GROUP expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 36% per year to 2023. The company is expected to make a profit of €300.0k in 2024. Average annual earnings growth of 54% is required to achieve expected profit on schedule. Price Target Changed • Apr 27
Price target decreased to €30.50 Down from €39.00, the current price target is an average from 2 analysts. New target price is 84% above last closing price of €16.60. Stock is down 35% over the past year. Price Target Changed • Feb 12
Price target decreased to €30.50 Down from €39.00, the current price target is an average from 2 analysts. New target price is 55% above last closing price of €19.64. Stock is down 33% over the past year. The company is forecast to post a net loss per share of €0.38 next year compared to a net loss per share of €1.25 last year. Breakeven Date Change • Dec 13
Forecast to breakeven in 2022 The 2 analysts covering WALLIX GROUP expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 67% to 2021. The company is expected to make a profit of €1.80m in 2022. Average annual earnings growth of 108% is required to achieve expected profit on schedule. Reported Earnings • Oct 19
First half 2021 earnings released The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: €13.7m (up 40% from 1H 2020). Net loss: €2.71m (loss narrowed 47% from 1H 2020). Reported Earnings • Mar 27
Full year 2020 earnings released The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: €25.6m (up 35% from FY 2019). Net loss: €7.32m (loss widened 6.9% from FY 2019). Is New 90 Day High Low • Feb 12
New 90-day high: €29.10 The company is up 96% from its price of €14.82 on 13 November 2020. The French 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 up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €75.11 per share. Is New 90 Day High Low • Jan 07
New 90-day high: €22.00 The company is up 53% from its price of €14.34 on 09 October 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €74.37 per share. Is New 90 Day High Low • Dec 17
New 90-day high: €19.00 The company is up 29% from its price of €14.72 on 18 September 2020. The French market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed 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 €74.05 per share. Is New 90 Day High Low • Nov 24
New 90-day high: €18.30 The company is up 11% from its price of €16.52 on 26 August 2020. The French market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.10 per share. Major Estimate Revision • Oct 22
Analysts lower EPS estimates to -€1.22 The 2020 consensus revenue estimate was lowered from €21.3m to €20.6m. The company's losses are expected to worsen with analysts lowering their EPS forecasts from -€1.06 to -€1.22 for the same period. The Software industry in France is expected to see an average net income growth of 12% next year. The consensus price target of €19.50 was unchanged from the last update. Share price is up 21% to €16.00 over the past week. Reported Earnings • Oct 17
First half earnings released Over the last 12 months the company has reported total losses of €8.27m, with losses widening by 60% from the prior year. Total revenue was €20.2m over the last 12 months, up 19% from the prior year. Is New 90 Day High Low • Oct 14
New 90-day low: €14.00 The company is down 7.0% from its price of €15.06 on 16 July 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €43.16 per share.