New Risk • May 02
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Minor Risk Market cap is less than US$100m (€11.2m market cap, or US$13.1m). Board Change • Jan 05
No independent 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. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • Nov 16
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: 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 (6.1% average weekly change). Market cap is less than US$100m (€11.6m market cap, or US$13.5m). Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €1.44, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 18x in the Consumer Retailing industry in Europe. Total loss to shareholders of 11% over the past three years. Upcoming Dividend • Jul 30
Upcoming dividend of €0.055 per share Eligible shareholders must have bought the stock before 06 August 2025. Payment date: 12 August 2025. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 3.3%. Lower than top quartile of Greek dividend payers (4.9%). In line with average of industry peers (3.6%). Announcement • Jul 25
Mediterra S.A. announces Annual dividend, payable on August 12, 2025 Mediterra S.A. announced Annual dividend of EUR 0.0548 per share payable on August 12, 2025, ex-date on August 06, 2025 and record date on August 07, 2025. New Risk • Jul 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 Greek stocks, typically moving 5.6% 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 (5.6% average weekly change). Market cap is less than US$100m (€10.6m market cap, or US$12.4m). Board Change • Jun 20
No independent 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. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • May 02
No independent 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. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 07
No independent 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. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • Jan 08
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 Greek stocks, typically moving 6.0% 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 No financial data reported. Share price has been highly volatile over the past 3 months (6.0% average weekly change). Minor Risk Market cap is less than US$100m (€10.4m market cap, or US$10.8m). New Risk • Jan 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.56m (US$9.91m) 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 No financial data reported. Market cap is less than US$10m (€9.56m market cap, or US$9.91m). Minor Risk Share price has been volatile over the past 3 months (5.3% average weekly change). Board Change • Jan 02
No independent 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. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • Dec 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (€10.1m market cap, or US$10.5m). 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 Greek stocks, typically moving 4.9% 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: Major Risk Market cap is less than US$10m (€9.05m market cap, or US$9.55m). Minor Risk Share price has been volatile over the past 3 months (4.9% average weekly change). Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €1.13, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 15x in the Consumer Retailing industry in Europe. Total loss to shareholders of 28% over the past three years. New Risk • Nov 26
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.76m (US$9.18m) 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 03
First half 2024 earnings released: EPS: €0.039 (vs €0.031 in 1H 2023) First half 2024 results: EPS: €0.039 (up from €0.031 in 1H 2023). Revenue: €7.01m (up 17% from 1H 2023). Net income: €283.5k (up 27% from 1H 2023). Profit margin: 4.0% (up from 3.7% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 19
Upcoming dividend of €0.05 per share Eligible shareholders must have bought the stock before 26 August 2024. Payment date: 30 August 2024. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Greek dividend payers (5.3%). Lower than average of industry peers (4.0%). Reported Earnings • Apr 21
Full year 2023 earnings released: EPS: €0.053 (vs €0.038 in FY 2022) Full year 2023 results: EPS: €0.053 (up from €0.038 in FY 2022). Revenue: €12.4m (up 15% from FY 2022). Net income: €384.1k (up 39% from FY 2022). Profit margin: 3.1% (up from 2.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €1.57, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 15x in the Consumer Retailing industry in Europe. Total loss to shareholders of 7.3% over the past three years. New Risk • Mar 22
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 Greek stocks, typically moving 5.0% 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.0% average weekly change). Market cap is less than US$100m (€10.4m market cap, or US$11.3m). New Risk • Feb 27
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 Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Paying a dividend despite having no free cash flows. Market cap is less than US$100m (€10.5m market cap, or US$11.4m). New Risk • Jul 09
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 102% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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 Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (€11.0m market cap, or US$12.0m). Upcoming Dividend • Jun 26
Inaugural dividend of €0.039 per share Eligible shareholders must have bought the stock before 03 July 2023. Payment date: 07 July 2023. This is the first dividend for Mediterra since going public. The average dividend yield among industry peers is 4.4%. Board Change • Nov 16
No independent 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. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 04
First half 2022 earnings released: EPS: €0.022 (vs €0.018 in 1H 2021) First half 2022 results: EPS: €0.022 (up from €0.018 in 1H 2021). Revenue: €5.28m (up 12% from 1H 2021). Net income: €159.7k (up 20% from 1H 2021). Profit margin: 3.0% (up from 2.8% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 02
Mediterra S.A., Annual General Meeting, May 09, 2022 Mediterra S.A., Annual General Meeting, May 09, 2022, at 14:00 E. Europe Standard Time. Location: KALLIMASIA Chios Greece Board Change • Apr 27
No independent 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. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 19
Full year 2021 earnings released: EPS: €0.031 (vs €0.007 in FY 2020) Full year 2021 results: EPS: €0.031 (up from €0.007 in FY 2020). Revenue: €9.63m (up 16% from FY 2020). Net income: €226.3k (up 362% from FY 2020). Profit margin: 2.4% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Reported Earnings • Oct 03
First half 2021 earnings released: EPS €0.018 (vs €0.01 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €4.71m (up 6.0% from 1H 2020). Net income: €133.4k (up 85% from 1H 2020). Profit margin: 2.8% (up from 1.6% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Reported Earnings • May 06
Full year 2020 earnings released: EPS €0.007 (vs €0.032 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €8.29m (down 22% from FY 2019). Net income: €49.0k (down 79% from FY 2019). Profit margin: 0.6% (down from 2.2% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 09
New 90-day low: €1.53 The company is down 5.0% from its price of €1.61 on 11 November 2020. The Greek market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Nov 05
Market pulls back on stock over the past week After last week's 15% share price decline to €1.43, the stock is trading at a trailing P/E ratio of 71.1x, down from the previous P/E ratio of 84x. This compares to an average P/E of 25x in the Multiline Retail industry in Europe. Total returns to shareholders over the past three years are 73%. Is New 90 Day High Low • Oct 22
New 90-day low: €1.55 The company is down 21% from its price of €1.95 on 24 July 2020. The Greek market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 12% over the same period. Reported Earnings • Oct 02
First half earnings released Over the last 12 months the company has reported total profits of €146.9k, down 29% from the prior year. Total revenue was €9.71m over the last 12 months, down 5.6% from the prior year. Is New 90 Day High Low • Sep 22
New 90-day low: €1.58 The company is down 30% from its price of €2.26 on 24 June 2020. The Greek market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 14% over the same period.