Upcoming Dividend • May 04
Upcoming dividend of €0.085 per share Eligible shareholders must have bought the stock before 11 May 2026. Payment date: 13 May 2026. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 0.9%. Lower than top quartile of Italian dividend payers (4.5%). Lower than average of industry peers (1.3%). Announcement • Apr 15
Porto Aviation Group S.p.A., Annual General Meeting, Apr 28, 2026 Porto Aviation Group S.p.A., Annual General Meeting, Apr 28, 2026, at 10:00 W. Europe Standard Time. Location: piazza di priscilla 4, roma Italy Declared Dividend • Mar 27
Dividend increased to €0.085 Dividend of €0.085 is 76% higher than last year. Ex-date: 11th May 2026 Payment date: 13th May 2026 Dividend yield will be 0.8%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 48%. Cash payout ratio: 15%. Announcement • Mar 26
Porto Aviation Group S.p.A. announces Annual dividend, payable on May 13, 2026 Porto Aviation Group S.p.A. announced Annual dividend of EUR 0.0850 per share payable on May 13, 2026, ex-date on May 11, 2026 and record date on May 12, 2026. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to €10.90, the stock trades at a trailing P/E ratio of 24.6x. Average forward P/E is 26x in the Aerospace & Defense industry in Italy. Total returns to shareholders of 198% over the past year. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €8.00, the stock trades at a trailing P/E ratio of 18x. Average forward P/E is 27x in the Aerospace & Defense industry in Italy. Total returns to shareholders of 94% over the past year. Buy Or Sell Opportunity • Dec 22
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 38% to €6.30. The fair value is estimated to be €5.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €5.10, the stock trades at a trailing P/E ratio of 11.5x. Average forward P/E is 26x in the Aerospace & Defense industry in Italy. Total returns to shareholders of 26% over the past year. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €5.50, the stock trades at a trailing P/E ratio of 12.4x. Average forward P/E is 26x in the Aerospace & Defense industry in Italy. Total returns to shareholders of 33% over the past year. Buy Or Sell Opportunity • Oct 15
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 44% to €6.00. The fair value is estimated to be €4.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. New Risk • Oct 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 Italian stocks, typically moving 4.8% 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 (4.8% average weekly change). Market cap is less than US$100m (€11.4m market cap, or US$13.4m). Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to €5.70, the stock trades at a trailing P/E ratio of 12.8x. Average forward P/E is 28x in the Aerospace & Defense industry in Italy. Total returns to shareholders of 52% over the past year. Reported Earnings • Sep 28
First half 2025 earnings released First half 2025 results: Revenue: €2.81m (up 98% from 1H 2024). Net income: €143.6k (up €808.5k from 1H 2024). Profit margin: 5.1% (up from net loss in 1H 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Europe. Reported Earnings • Apr 04
Full year 2024 earnings released Full year 2024 results: Revenue: €4.49m (up 40% from FY 2023). Net income: €238.5k (up 20% from FY 2023). Profit margin: 5.3% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Europe. New Risk • Nov 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.96m (US$9.43m) 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 Risk Market cap is less than US$10m (€8.96m market cap, or US$9.43m). Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Revenue is less than US$5m (€3.1m revenue, or US$3.2m). New Risk • Sep 24
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 Italian stocks, typically moving 6.5% 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 Share price has been highly volatile over the past 3 months (6.5% average weekly change). Revenue has declined by 9.1% over the past year. Minor Risks Less than 1 year of cash runway based on current free cash flow (-€1.4m). Revenue is less than US$5m (€2.5m revenue, or US$2.8m). Market cap is less than US$100m (€9.49m market cap, or US$10.5m). New Risk • Sep 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.77m (US$9.73m) 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 High level of non-cash earnings (60% accrual ratio). Market cap is less than US$10m (€8.77m market cap, or US$9.73m). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Revenue is less than US$5m (€3.2m revenue, or US$3.6m). New Risk • Aug 14
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 Italian 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: Major Risk High level of non-cash earnings (60% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Revenue is less than US$5m (€3.2m revenue, or US$3.5m). Market cap is less than US$100m (€10.4m market cap, or US$11.4m). Reported Earnings • Jun 05
Full year 2023 earnings released Full year 2023 results: Revenue: €3.76m (up 46% from FY 2022). Net income: €198.4k (up €644.5k from FY 2022). Profit margin: 5.3% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Aerospace & Defense industry in Italy. New Risk • Apr 14
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). Share price has been volatile over the past 3 months (6.2% average weekly change). Revenue is less than US$5m (€2.8m revenue, or US$3.0m). Market cap is less than US$100m (€11.2m market cap, or US$11.9m). New Risk • Feb 07
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 Italian stocks, typically moving 5.5% 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 (5.5% average weekly change). Revenue is less than US$5m (€2.8m revenue, or US$3.0m). Market cap is less than US$100m (€12.9m market cap, or US$13.9m). New Risk • Sep 19
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€291k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€291k free cash flow). Minor Risks Less than 3 years of financial data is available. Revenue is less than US$5m (€2.6m revenue, or US$2.7m). Market cap is less than US$100m (€11.7m market cap, or US$12.6m).