Breakeven Is Near for Integrated System Credit Consulting Fintech S.p.A. (BIT:ISC)

We feel now is a pretty good time to analyse Integrated System Credit Consulting Fintech S.p.A.'s (BIT:ISC) business as it appears the company may be on the cusp of a considerable accomplishment. Integrated System Credit Consulting Fintech S.p.A. The €30m market-cap company’s loss lessened since it announced a €3.4m loss in the full financial year, compared to the latest trailing-twelve-month loss of €1.1m, as it approaches breakeven. Many investors are wondering about the rate at which Integrated System Credit Consulting Fintech will turn a profit, with the big question being “when will the company breakeven?” In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable.

View our latest analysis for Integrated System Credit Consulting Fintech

Integrated System Credit Consulting Fintech is bordering on breakeven, according to the 2 Italian Commercial Services analysts. They anticipate the company to incur a final loss in 2023, before generating positive profits of €3.2m in 2024. The company is therefore projected to breakeven around a year from now or less! At what rate will the company have to grow in order to realise the consensus estimates forecasting breakeven in under 12 months? Using a line of best fit, we calculated an average annual growth rate of 35%, which is rather optimistic! Should the business grow at a slower rate, it will become profitable at a later date than expected.

Underlying developments driving Integrated System Credit Consulting Fintech's growth isn’t the focus of this broad overview, but, take into account that typically a high growth rate is not out of the ordinary, particularly when a company is in a period of investment.

Before we wrap up, there’s one aspect worth mentioning. The company has managed its capital prudently, with debt making up 11% of equity. This means that it has predominantly funded its operations from equity capital, and its low debt obligation reduces the risk around investing in the loss-making company.

Next Steps:

This article is not intended to be a comprehensive analysis on Integrated System Credit Consulting Fintech, so if you are interested in understanding the company at a deeper level, take a look at Integrated System Credit Consulting Fintech's company page on Simply Wall St. We've also put together a list of pertinent aspects you should look at:

1. Valuation: What is Integrated System Credit Consulting Fintech worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Integrated System Credit Consulting Fintech is currently mispriced by the market.
2. Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Integrated System Credit Consulting Fintech’s board and the CEO’s background.
3. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.