Reported Earnings • May 05
Full year 2025 earnings released Full year 2025 results: Revenue: €238.3m (down 23% from FY 2024). Net loss: €18.4m (loss widened 1.5% from FY 2024). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Hospitality industry in the United Kingdom. New Risk • May 04
New major risk - Revenue and earnings growth Earnings have declined by 18% 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 (40% average weekly change). Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (€4.68m market cap, or US$5.49m). Minor Risks Negative equity (-€66m). Currently unprofitable and not forecast to become profitable over next 2 years (€8.0m net loss in 2 years). Announcement • Apr 24
Marley Spoon Group SE to Report Fiscal Year 2025 Results on Apr 30, 2026 Marley Spoon Group SE announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Apr 30, 2026 New Risk • Mar 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Share price has been highly volatile over the past 3 months (41% average weekly change). Market cap is less than US$10m (€3.50m market cap, or US$4.03m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€8.5m). Negative equity (-€66m). Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€7.3m net loss in 2 years). Announcement • Sep 08
Marley Spoon Group SE to Report Q2, 2025 Results on Sep 09, 2025 Marley Spoon Group SE announced that they will report Q2, 2025 results on Sep 09, 2025 Announcement • Aug 08
Marley Spoon Group SE Announces Resignation of Erika Söderberg Johnsson as Member of the Supervisory Board, Effective September 10, 2025 Marley Spoon Group SE announced the resignations of Ms. Erika Söderberg Johnsson as member of the supervisory board of the Company with effect as of the date of this extraordinary general meeting of shareholders of the Company September 10, 2025 and decision to appoint Dr. Ralph Kudla as member of the supervisory board of the Company with effect as of the date of this extraordinary general meeting of shareholders of the Company and for a period ending at the general meeting of shareholders of the Company approving the annual accounts relating to the financial year ending on 31 December 2027 to be held in 2028. New Risk • May 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.29m (US$9.40m) 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 Shares are highly illiquid. Market cap is less than US$10m (€8.29m market cap, or US$9.40m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€9.2m). Negative equity (-€66m). Currently unprofitable and not forecast to become profitable over next 3 years (€8.3m net loss in 3 years). Announcement • May 28
Marley Spoon Group SE to Report Q1, 2025 Results on Jun 05, 2025 Marley Spoon Group SE announced that they will report Q1, 2025 results on Jun 05, 2025 Announcement • Feb 27
Marley Spoon Group SE Announces Global Workforce Reductions Across All Regions and Subsidiaries, Including Subsidiary Marley Spoon SE Marley Spoon Group SE announced that it will be implementing workforce reductions across all regions and subsidiaries, including Marley Spoon SE, as part of an ongoing strategic initiative aimed at enhancing profitability. This decision is part of the company’s continued efforts to streamline operations and ensure financial sustainability. This step is a simplification of organizational structures and does not represent a strategic withdrawal from these countries or markets. The restructuring will affect roughly 5% of the total workforce, primarily impacting central function roles, with the affected countries being Germany, Portugal, the Netherlands, the United States, and Australia. These changes are designed to align the company’s resources with its core priorities and to position Marley Spoon for continued success in the meal kit and ready-to-heat market landscape. Announcement • Feb 20
Marley Spoon Group SE to Report Fiscal Year 2024 Results on Apr 29, 2025 Marley Spoon Group SE announced that they will report fiscal year 2024 results on Apr 29, 2025 Breakeven Date Change • Nov 05
Forecast to breakeven in 2026 The 2 analysts covering Marley Spoon Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €1.00m in 2026. Average annual earnings growth of 51% is required to achieve expected profit on schedule. Announcement • Sep 19
Marley Spoon Group SE to Report Q2, 2024 Results on Sep 30, 2024 Marley Spoon Group SE announced that they will report Q2, 2024 results on Sep 30, 2024 Announcement • Jul 20
Marley Spoon Group SE to Report Q2, 2024 Results on Jul 31, 2024 Marley Spoon Group SE announced that they will report Q2, 2024 results on Jul 31, 2024 Announcement • May 26
Marley Spoon Group SE, Annual General Meeting, Jun 25, 2024 Marley Spoon Group SE, Annual General Meeting, Jun 25, 2024, at 10:00 W. Europe Standard Time. Location: at 41a, avenue john f. kennedy, l-2082 luxembourg, grand duchy of luxembourg., Luxembourg New Risk • Apr 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €92.9m (US$99.0m) This is considered a minor 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 Shares are highly illiquid. Negative equity (-€14m). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (€6.6m net loss in 3 years). Shareholders have been diluted in the past year (30% increase in shares outstanding). Market cap is less than US$100m (€92.9m market cap, or US$99.0m). New Risk • Apr 16
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: Major Risks Shares are highly illiquid. Negative equity (-€14m). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (€6.6m net loss in 3 years). Shareholders have been diluted in the past year (30% increase in shares outstanding). New Risk • Apr 03
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €7.2m Forecast net loss in 3 years: €521k 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. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-€14m). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€521k net loss in 3 years). Shareholders have been diluted in the past year (30% increase in shares outstanding). Breakeven Date Change • Mar 14
Forecast to breakeven in 2025 The 2 analysts covering Marley Spoon Group expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 11% per year to 2024. The company is expected to make a profit of €1.30m in 2025. Average annual earnings growth of 64% is required to achieve expected profit on schedule. Breakeven Date Change • Feb 13
Forecast to breakeven in 2025 The 2 analysts covering Marley Spoon Group expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 11% per year to 2024. The company is expected to make a profit of €1.30m in 2025. Average annual earnings growth of 64% is required to achieve expected profit on schedule. Announcement • Feb 01
Marley Spoon Group SE (XTRA:MS1) signed an agreement to acquire bistroMD, LLC. Marley Spoon Group SE (XTRA:MS1) signed an agreement to acquire bistroMD, LLC on January 31, 2024. With this acquisition, the company entered the large and growing RTE market in the US at scale. Announcement • Jan 13
Marley Spoon Group SE to Report Fiscal Year 2023 Results on Jan 30, 2024 Marley Spoon Group SE announced that they will report fiscal year 2023 results on Jan 30, 2024 Announcement • Oct 15
Marley Spoon Group SE to Report Q3, 2023 Results on Oct 26, 2023 Marley Spoon Group SE announced that they will report Q3, 2023 results on Oct 26, 2023 
