New Risk • Jun 08
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risk Market cap is less than US$100m (€29.6m market cap, or US$34.1m). Announcement • Apr 29
Centric Holdings S.A., Annual General Meeting, Jul 09, 2026 Centric Holdings S.A., Annual General Meeting, Jul 09, 2026. New Risk • Apr 17
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 6.3% 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 (6.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€30.4m market cap, or US$35.8m). New Risk • Mar 03
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 5.2% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€29.9m market cap, or US$34.7m). New Risk • Sep 28
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 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 Risks Latest financial reports are more than 1 year old (reported June 2024 fiscal period end). High level of non-cash earnings (30% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (9.4% net profit margin). Market cap is less than US$100m (€33.0m market cap, or US$38.7m). Announcement • Apr 29
Centric Holdings S.A., Annual General Meeting, Jul 16, 2025 Centric Holdings S.A., Annual General Meeting, Jul 16, 2025. New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 High level of non-cash earnings (30% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Profit margins are more than 30% lower than last year (9.4% net profit margin). Market cap is less than US$100m (€32.5m market cap, or US$36.9m). Announcement • Dec 25
Centric Holdings S.A.(ATSE:CENTR) dropped from ATHEX Composite Index Centric Holdings S.A has beden dropped from the ATHEX Composite Index. Reported Earnings • Oct 01
First half 2024 earnings released First half 2024 results: Revenue: €2.86m (up 1.8% from 1H 2023). Net income: €234.6k (down 74% from 1H 2023). Profit margin: 8.2% (down from 32% in 1H 2023). Announcement • Sep 28
Centric Holdings S.A. to Report First Half, 2024 Results on Sep 27, 2024 Centric Holdings S.A. announced that they will report first half, 2024 results on Sep 27, 2024 New Risk • May 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 1,283% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€37.0m market cap, or US$40.1m). Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: €0.014 (vs €0.007 in FY 2022) Full year 2023 results: EPS: €0.014 (up from €0.007 in FY 2022). Revenue: €6.39m (up 7.8% from FY 2022). Net income: €1.40m (up 112% from FY 2022). Profit margin: 22% (up from 11% in FY 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 28
Centric Holdings S.A. to Report Fiscal Year 2023 Results on Apr 25, 2024 Centric Holdings S.A. announced that they will report fiscal year 2023 results on Apr 25, 2024 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 Risk High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (€37.0m market cap, or US$39.3m). New Risk • Mar 13
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 5.1% 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 High level of non-cash earnings (43% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (€43.5m market cap, or US$47.6m). Announcement • Jul 01
Centric Holdings S.A., Annual General Meeting, Jul 20, 2023 Centric Holdings S.A., Annual General Meeting, Jul 20, 2023, at 11:00 E. Europe Standard Time. Location: 20 MAKRIGIANNI STREET Moschato Greece Announcement • Jun 22
Centric Holdings S.A.(ATSE:CENTR) dropped from ATHEX Composite Index Centric Holdings S.A. has been dropped from ATHEX Composite Index . Announcement • Jun 01
Centric Holdings S.A., Annual General Meeting, Jun 13, 2023 Centric Holdings S.A., Annual General Meeting, Jun 13, 2023, at 11:00 E. Europe Standard Time. Location: 20 MAKRIGIANNI STREET Moschato Greece Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Grigoris Chrysikopoulos was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 30
First half 2022 earnings released: €0.008 loss per share (vs €0.022 profit in 1H 2021) First half 2022 results: €0.008 loss per share (down from €0.022 profit in 1H 2021). Revenue: €2.00m (up 84% from 1H 2021). Net loss: €798.7k (down 136% from profit in 1H 2021). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Jul 01
Centric Holdings S.A., Annual General Meeting, Jul 13, 2022 Centric Holdings S.A., Annual General Meeting, Jul 13, 2022, at 11:00 E. Europe Standard Time. Location: 20 MAKRIGIANNI STREET Moschato Greece Reported Earnings • May 06
Full year 2021 earnings released: EPS: €0.031 (vs €0.01 loss in FY 2020) Full year 2021 results: EPS: €0.031 (up from €0.01 loss in FY 2020). Revenue: €3.80m (up 48% from FY 2020). Net income: €3.13m (up €4.14m from FY 2020). Profit margin: 82% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Grigoris Chrysikopoulos was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 03
First half 2021 earnings released: EPS €0.022 (vs €0.017 loss in 1H 2020) First half 2021 results: Net income: €2.25m (up €3.98m from 1H 2020). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • Jun 24
Centric Holdings S.A.(ATSE:CENTR) dropped from ATHEX Composite Index Centric Holdings S.A. has been removed from ATHEX Composite Index . Is New 90 Day High Low • Feb 10
New 90-day low: €0.22 The company is down 3.0% from its price of €0.22 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 Hospitality industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: €0.24 The company is up 16% from its price of €0.21 on 01 October 2020. The Greek market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 30% over the same period. Is New 90 Day High Low • Dec 12
New 90-day high: €0.24 The company is up 6.0% from its price of €0.23 on 11 September 2020. The Greek market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 20% over the same period. Is New 90 Day High Low • Nov 20
New 90-day high: €0.24 The company is up 2.0% from its price of €0.24 on 21 August 2020. The Greek market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 7.0% over the same period. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total losses of €2.77m, with losses widening by 25% from the prior year. Total revenue was €3.40m over the last 12 months, down 5.0% from the prior year. Is New 90 Day High Low • Sep 29
New 90-day low: €0.22 The company is down 5.0% from its price of €0.23 on 01 July 2020. The Greek market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Hospitality industry, which is also down 5.0% over the same period.