Reported Earnings • Jun 16
First quarter 2026 earnings released: EPS: Ft16.17 (vs Ft12.15 in 1Q 2025) First quarter 2026 results: EPS: Ft16.17 (up from Ft12.15 in 1Q 2025). Revenue: Ft103.8b (down 15% from 1Q 2025). Net income: Ft8.58b (up 32% from 1Q 2025). Profit margin: 8.3% (up from 5.4% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jun 08
Dividend of Ft20.11 announced Shareholders will receive a dividend of Ft20.11. Ex-date: 9th June 2026 Payment date: 17th June 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 20% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Ft364, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 21x in the Industrials industry in Europe. Total returns to shareholders of 270% over the past three years. Announcement • May 31
Opus Global Public Limited Company Declares Dividend, Payable on June 17, 2026 The General Meeting of OPUS GLOBAL Public Limited Company - pursuant to point 9.2. subpoint g) of the Articles of Association - has decided on 30 April 2026 by the resolution 2/2026 (IV.30.) of the General Meeting (hereinafter referred to as the "Resolution") to pay a dividend of HUF 10 550 000 000 to the shareholders of the Company. According to the Resolution, the payment of dividend will commence on 17 June 2026 (starting day of the dividend payment). The Board of Directors of the Company - as required by point 7.4 of the Articles of Association - will carry out a shareholder identification prior to the payment of the dividend, based on the data of 10 June 2026 (Record Date). The last day of trading on the Budapest Stock Exchange for shares entitled to the dividend for the financial year 2025 will be 8 June 2026 in case of T+2 days settlement (ex-coupon day: 9 June 2026). Shareholders (natural persons and legal entities) will be entitled to receive the dividend if they own OPUS GLOBAL Plc. shares at the Record Date, and their account keeper has requested that the shareholder be recorded in the Company Share Register. Reported Earnings • May 05
Full year 2025 earnings released: EPS: Ft40.57 (vs Ft52.42 in FY 2024) Full year 2025 results: EPS: Ft40.57 (down from Ft52.42 in FY 2024). Revenue: Ft467.4b (down 25% from FY 2024). Net income: Ft21.8b (down 33% from FY 2024). Profit margin: 4.7% (down from 5.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorates as stock falls 32% After last week's 32% share price decline to Ft300, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 21x in the Industrials industry in Europe. Total returns to shareholders of 167% over the past three years. New Risk • Mar 31
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 Hungarian stocks, typically moving 6.1% 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. This is currently the only risk that has been identified for the company. Announcement • Mar 31
OPUS GLOBAL Nyrt., Annual General Meeting, Apr 30, 2026 OPUS GLOBAL Nyrt., Annual General Meeting, Apr 30, 2026, at 09:00 Central Europe Standard Time. Location: 59 andrassy avenue, budapest, hu-1062, budapest Hungary Board Change • Mar 23
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Susan Zoltan was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 17
Third quarter 2025 earnings released: EPS: Ft12.11 (vs Ft1.20 in 3Q 2024) Third quarter 2025 results: EPS: Ft12.11 (up from Ft1.20 in 3Q 2024). Revenue: Ft125.8b (down 14% from 3Q 2024). Net income: Ft6.50b (up Ft5.76b from 3Q 2024). Profit margin: 5.2% (up from 0.5% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 01
Second quarter 2025 earnings released: EPS: Ft6.54 (vs Ft18.76 in 2Q 2024) Second quarter 2025 results: EPS: Ft6.54 (down from Ft18.76 in 2Q 2024). Revenue: Ft124.4b (down 19% from 2Q 2024). Net income: Ft3.51b (down 71% from 2Q 2024). Profit margin: 2.8% (down from 7.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Sep 15
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Jun 17
First quarter 2025 earnings released: EPS: Ft12.15 (vs Ft9.77 in 1Q 2024) First quarter 2025 results: EPS: Ft12.15 (up from Ft9.77 in 1Q 2024). Revenue: Ft125.2b (down 12% from 1Q 2024). Net income: Ft6.52b (up 2.5% from 1Q 2024). Profit margin: 5.2% (up from 4.5% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Ft628, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 18x in the Industrials industry in Europe. Total returns to shareholders of 245% over the past three years. Announcement • Dec 19
OPUS GLOBAL Nyrt., Annual General Meeting, Apr 30, 2025 OPUS GLOBAL Nyrt., Annual General Meeting, Apr 30, 2025. Reported Earnings • Dec 18
Third quarter 2024 earnings released: EPS: Ft1.20 (vs Ft17.17 in 3Q 2023) Third quarter 2024 results: EPS: Ft1.20 (down from Ft17.17 in 3Q 2023). Revenue: Ft145.9b (down 18% from 3Q 2023). Net income: Ft737.7m (down 93% from 3Q 2023). Profit margin: 0.5% (down from 6.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 04
Second quarter 2024 earnings released: EPS: Ft18.76 (vs Ft1.94 in 2Q 2023) Second quarter 2024 results: EPS: Ft18.76 (up from Ft1.94 in 2Q 2023). Revenue: Ft158.9b (up 2.0% from 2Q 2023). Net income: Ft12.2b (up Ft10.9b from 2Q 2023). Profit margin: 7.7% (up from 0.8% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 28% per year. Announcement • Jun 19
OPUS GLOBAL Nyrt. (BUSE:OPUS) commences an Equity Buyback Plan for 87,033,813 shares, representing 12.4% of its issued share capital, under the authorization approved on April 24, 2024. OPUS GLOBAL Nyrt. (BUSE:OPUS) commences share repurchases on June 17, 2024, under the program mandated by shareholders in the General Meeting held on April 24, 2024. As per the mandate, the company is authorized to repurchase up to 87,033,813 shares, representing 12.40% of its share capital. The shares must be repurchased such that the holding of company's own shares does not exceed 20% of its share capital. The maximum price to be paid for the repurchase shall not be more than 20% from the amount of the closing price of the share on the day preceding the day of the conclusion of the agreement as recorded by the Budapest Stock Exchange. The authorization will be valid for 12 months. As of April 2, 2024, the company had 701,646,050 shares issued including 53,295,397 treasury shares.
On May 13, 2024, the company announced a share repurchase program. Under the program. the company will repurchase up to HUF 2,000 million worth of its shares. The program will be valid till October 15, 2024 or earlier if the maximum amount authorized is reached. Reported Earnings • Jun 19
First quarter 2024 earnings released: EPS: Ft9.80 (vs Ft9.27 in 1Q 2023) First quarter 2024 results: EPS: Ft9.80 (up from Ft9.27 in 1Q 2023). Revenue: Ft144.0b (down 8.1% from 1Q 2023). Net income: Ft6.36b (flat on 1Q 2023). Profit margin: 4.4% (up from 4.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • May 24
OPUS GLOBAL Public Limited Company Approves Dividend, Payable on 17 June 2024 The General Meeting of OPUS GLOBAL Public Limited Company held on April 24, 2024, approved to pay a dividend of HUF 6,733,439,250 to the shareholders of the company. The payment of dividend will commence on 17 June 2024 (starting day of the dividend payment). Record date is 6 June 2024. The last day of trading on the Budapest Stock Exchange for shares entitled to the dividend for the financial year 2023 will be 4 June 2024 in case of T+2 days settlement (ex-coupon day: 5 June 2024). Reported Earnings • Apr 30
Full year 2023 earnings released Full year 2023 results: Revenue: Ft686.3b (up 31% from FY 2022). Net income: Ft25.9b (up 110% from FY 2022). Profit margin: 3.8% (up from 2.3% in FY 2022). The increase in margin was driven by higher revenue. Announcement • Feb 29
OPUS GLOBAL Nyrt., Annual General Meeting, Apr 24, 2024 OPUS GLOBAL Nyrt., Annual General Meeting, Apr 24, 2024. Reported Earnings • Dec 18
Third quarter 2023 earnings released: EPS: Ft17.25 (vs Ft12.95 in 3Q 2022) Third quarter 2023 results: EPS: Ft17.25 (up from Ft12.95 in 3Q 2022). Revenue: Ft198.2b (up 40% from 3Q 2022). Net income: Ft11.2b (up 27% from 3Q 2022). Profit margin: 5.7% (down from 6.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. New Risk • Oct 06
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (3.1% net profit margin). Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Ft331, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 12x in the Industrials industry in Europe. Total returns to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improves as stock rises 44% After last week's 44% share price gain to Ft308, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 15x in the Industrials industry in Europe. Total returns to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to Ft217, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 11x in the Industrials industry in Europe. Total loss to shareholders of 8.2% over the past three years. New Risk • Jun 29
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 Hungarian stocks, typically moving 7.0% 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 High level of debt (46% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin). Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to Ft173, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 12x in the Industrials industry in Europe. Total loss to shareholders of 32% over the past three years. Reported Earnings • Jun 17
First quarter 2023 earnings released: EPS: Ft15.90 (vs Ft2.84 loss in 1Q 2022) First quarter 2023 results: EPS: Ft15.90 (up from Ft2.84 loss in 1Q 2022). Revenue: Ft167.1b (up 73% from 1Q 2022). Net income: Ft6.32b (up Ft8.26b from 1Q 2022). Profit margin: 3.8% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Ft120, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 13x in the Industrials industry in Europe. Total loss to shareholders of 55% over the past three years. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CEO & Director Dzsubák Zsolt was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improved over the past week After last week's 26% share price gain to Ft150, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 16x in the Industrials industry in Europe. Total loss to shareholders of 50% over the past three years. Reported Earnings • Oct 02
Second quarter 2022 earnings released: EPS: Ft4.72 (vs Ft0.29 in 2Q 2021) Second quarter 2022 results: EPS: Ft4.72 (up from Ft0.29 in 2Q 2021). Revenue: Ft108.4b (up 66% from 2Q 2021). Net income: Ft1.83b (up Ft1.63b from 2Q 2021). Profit margin: 1.7% (up from 0.3% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 18
First quarter 2022 earnings released First quarter 2022 results: Revenue: Ft97.5b (up 120% from 1Q 2021). Net loss: Ft1.94b (down 123% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 27% per year. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Zsigmond Járai was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 31% share price gain to Ft198, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 20x in the Industrials industry in Europe. Total loss to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment deteriorated over the past week After last week's 17% share price decline to Ft156, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 18x in the Industrials industry in Europe. Total loss to shareholders of 67% over the past three years. Reported Earnings • Oct 01
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Ft66.8b (up 22% from 2Q 2020). Net income: Ft199.7m (up Ft2.28b from 2Q 2020). Profit margin: 0.3% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 18
First quarter 2021 earnings released: EPS Ft12.30 (vs Ft3.31 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: Ft44.3b (down 17% from 1Q 2020). Net income: Ft8.39b (up 270% from 1Q 2020). Profit margin: 19% (up from 4.2% in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Dec 23
New 90-day high: Ft275 The company is up 23% from its price of Ft224 on 24 September 2020. The Hungarian market is up 28% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Industrials industry, which is up 3.0% over the same period. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 16% share price gain to Ft275, the stock is trading at a trailing P/E ratio of 48.5x, up from the previous P/E ratio of 41.7x. This compares to an average P/E of 23x in the Industrials industry in Europe. Total return to shareholders over the past three years is a loss of 59%. Is New 90 Day High Low • Dec 02
New 90-day high: Ft248 The company is up 3.0% from its price of Ft241 on 03 September 2020. The Hungarian market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Industrials industry, which is down 2.0% over the same period. Is New 90 Day High Low • Oct 19
New 90-day low: Ft220 The company is down 7.0% from its price of Ft237 on 21 July 2020. The Hungarian market is also down 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Industrials industry, which is down 2.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: Ft228 The company is down 13% from its price of Ft263 on 24 June 2020. The Hungarian market is down 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 13% over the same period. 
