Major Estimate Revision • May 15
Consensus EPS estimates fall by 25% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €589.0m to €566.0m. Losses expected to increase from €0.008 per share to €0.01. Luxury industry in Italy expected to see average net income growth of 55% next year. Consensus price target up from €0.91 to €1.50. Share price fell 9.0% to €0.26 over the past week. Price Target Changed • May 14
Price target increased by 64% to €1.50 Up from €0.92, the current price target is provided by 1 analyst. New target price is 469% above last closing price of €0.26. Stock is down 32% over the past year. The company is forecast to post a net loss per share of €0.01 next year compared to a net loss per share of €0.051 last year. Announcement • Mar 24
Geox S.p.A., Annual General Meeting, Apr 22, 2026 Geox S.p.A., Annual General Meeting, Apr 22, 2026, at 10:00 W. Europe Standard Time. Reported Earnings • Mar 12
Full year 2025 earnings released Full year 2025 results: Revenue: €608.7m (down 8.3% from FY 2024). Net loss: €16.2m (loss narrowed 47% from FY 2024). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Luxury industry in Italy. New Risk • Feb 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 Shareholders have been substantially diluted in the past year (42% increase in shares outstanding). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Breakeven Date Change • Aug 04
No longer forecast to breakeven The analyst covering Geox no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of €590.0k in 2025. New forecast suggests the company will make a loss of €10.4m in 2026. Reported Earnings • Aug 03
First half 2025 earnings released First half 2025 results: Revenue: €305.3m (down 4.7% from 1H 2024). Net loss: €4.89m (loss narrowed 68% from 1H 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Luxury industry in Italy. New Risk • Jul 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 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 Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€4.5m net loss in 2 years). Share price has been volatile over the past 3 months (5.6% average weekly change). New Risk • Jul 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 43% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (€4.5m net loss in 2 years). New Risk • May 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €84.8m (US$96.1m) This is considered a minor 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€4.5m net loss in 2 years). Market cap is less than US$100m (€84.8m market cap, or US$96.1m). Announcement • May 23
Geox S.p.A. has filed a Follow-on Equity Offering in the amount of €30 million. Geox S.p.A. has filed a Follow-on Equity Offering in the amount of €30 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: Rights Offering New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €91.2m (US$99.7m) This is considered a minor 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€4.5m net loss in 2 years). Market cap is less than US$100m (€91.2m market cap, or US$99.7m). Reported Earnings • Mar 06
Full year 2024 earnings released Full year 2024 results: Revenue: €663.8m (down 7.8% from FY 2023). Net loss: €30.3m (loss widened 370% from FY 2023). Revenue is forecast to stay flat during the next 2 years compared to a 8.1% growth forecast for the Luxury industry in Italy. New Risk • Feb 23
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 Earnings are forecast to decline by an average of 5.8% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€9.5m net loss in 2 years). New Risk • Feb 18
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €12m Forecast net loss in 2 years: €9.5m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.8% per year for the foreseeable future. Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (€9.5m net loss in 2 years). New Risk • Feb 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 32% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Price Target Changed • Jan 02
Price target increased by 17% to €1.08 Up from €0.92, the current price target is an average from 2 analysts. New target price is 113% above last closing price of €0.50. Stock is down 29% over the past year. The company is forecast to post earnings per share of €0.051 next year compared to a net loss per share of €0.025 last year. Breakeven Date Change • Jan 01
Forecast breakeven date pushed back to 2025 The analyst covering Geox previously expected the company to break even in 2024. New forecast suggests the company will make a profit of €590.0k in 2025. Average annual earnings growth of 89% is required to achieve expected profit on schedule. Buy Or Sell Opportunity • Dec 30
Now 21% overvalued Over the last 90 days, the stock has fallen 5.5% to €0.55. The fair value is estimated to be €0.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 94%. Buy Or Sell Opportunity • Dec 06
Now 22% overvalued Over the last 90 days, the stock has fallen 6.4% to €0.55. The fair value is estimated to be €0.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 94%. Breakeven Date Change • Oct 01
Forecast breakeven date moved forward to 2024 The analyst covering Geox previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €15.9m in 2024. Earnings growth of 55% is required to achieve expected profit on schedule. Reported Earnings • Aug 05
First half 2024 earnings released First half 2024 results: Revenue: €320.4m (down 9.4% from 1H 2023). Net loss: €15.4m (loss widened 60% from 1H 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Luxury industry in Italy. Major Estimate Revision • May 28
Consensus EPS estimates fall by 79% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €698.3m to €687.9m. Losses expected to increase from €0.013 per share to €0.023. Luxury industry in Italy expected to see average net income growth of 11% next year. Consensus price target down from €0.92 to €0.88. Share price was steady at €0.63 over the past week. Price Target Changed • May 28
Price target decreased by 10% to €0.88 Down from €0.98, the current price target is an average from 3 analysts. New target price is 41% above last closing price of €0.63. Stock is down 32% over the past year. The company is forecast to post a net loss per share of €0.023 next year compared to a net loss per share of €0.025 last year. Major Estimate Revision • May 06
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €717.1m to €698.3m. Now expected to report a loss of €0.01 per share instead of €0.01 per share profit previously forecast. Luxury industry in Italy expected to see average net income growth of 11% next year. Consensus price target down from €0.98 to €0.92. Share price fell 7.0% to €0.66 over the past week. Breakeven Date Change • May 06
Forecast breakeven date pushed back to 2025 The 2 analysts covering Geox previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 67% to 2024. The company is expected to make a profit of €4.91m in 2025. Average annual earnings growth of 99% is required to achieve expected profit on schedule. Reported Earnings • Apr 02
Full year 2023 earnings released: €0.025 loss per share (vs €0.051 loss in FY 2022) Full year 2023 results: €0.025 loss per share (improved from €0.051 loss in FY 2022). Revenue: €719.6m (down 2.2% from FY 2022). Net loss: €6.45m (loss narrowed 51% from FY 2022). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 04
Full year 2023 earnings released Full year 2023 results: Revenue: €719.6m (down 2.2% from FY 2022). Net loss: €6.45m (loss narrowed 51% from FY 2022). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Luxury industry in Italy. New Risk • Feb 28
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. This is currently the only risk that has been identified for the company. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2024 The 3 analysts covering Geox previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of €22.9m in 2024. Average annual earnings growth of 92% is required to achieve expected profit on schedule. Price Target Changed • Oct 27
Price target decreased by 15% to €1.06 Down from €1.24, the current price target is an average from 3 analysts. New target price is 71% above last closing price of €0.62. Stock is down 22% over the past year. The company is forecast to post earnings per share of €0.031 next year compared to a net loss per share of €0.051 last year. Reported Earnings • Jul 30
First half 2023 earnings released First half 2023 results: Revenue: €353.6m (up 3.8% from 1H 2022). Net loss: €9.64m (loss narrowed 51% from 1H 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Breakeven Date Change • Feb 03
Forecast to breakeven in 2023 The 2 analysts covering Geox expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €11.4m in 2023. Average annual earnings growth of 103% is required to achieve expected profit on schedule. Announcement • Dec 24
Geox S.p.A. to Report Fiscal Year 2022 Results on Feb 02, 2023 Geox S.p.A. announced that they will report fiscal year 2022 results on Feb 02, 2023 Price Target Changed • Nov 16
Price target decreased to €0.93 Down from €1.15, the current price target is an average from 2 analysts. New target price is 11% above last closing price of €0.83. Stock is down 29% over the past year. The company is forecast to post a net loss per share of €0.036 next year compared to a net loss per share of €0.23 last year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Silvia Zamperoni was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 12
Geox S.p.A. to Report First Half, 2023 Results on Jul 27, 2023 Geox S.p.A. announced that they will report first half, 2023 results on Jul 27, 2023 Price Target Changed • Sep 27
Price target decreased to €0.94 Down from €1.15, the current price target is an average from 3 analysts. New target price is 33% above last closing price of €0.71. Stock is down 34% over the past year. The company is forecast to post a net loss per share of €0.04 next year compared to a net loss per share of €0.23 last year. Reported Earnings • Aug 01
First half 2022 earnings released First half 2022 results: Revenue: €340.6m (up 29% from 1H 2021). Net loss: €19.6m (loss narrowed 47% from 1H 2021). Over the next year, revenue is forecast to grow 4.7%, compared to a 13% growth forecast for the industry in Italy. Major Estimate Revision • May 18
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 expected loss increased from -€0.02 to -€0.03 per share. Revenue forecast unchanged at €692.6m. Luxury industry in Italy expected to see average net income growth of 12% next year. Consensus price target down from €1.31 to €1.15. Share price fell 2.9% to €0.78 over the past week. Price Target Changed • May 09
Price target decreased to €1.31 Down from €1.42, the current price target is an average from 3 analysts. New target price is 68% above last closing price of €0.78. Stock is down 14% over the past year. The company is forecast to post a net loss per share of €0.023 next year compared to a net loss per share of €0.23 last year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Independent Director Alessandra Pavolini was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Major Estimate Revision • Feb 25
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 expected loss increased from -€0.15 to -€0.17 per share. Revenue forecast of €605.8m unchanged since last update. Luxury industry in Italy expected to see average net income growth of 16% next year. Consensus price target of €1.46 unchanged from last update. Share price fell 15% to €0.86 over the past week. Major Estimate Revision • Dec 15
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 expected loss increased from -€0.14 to -€0.15 per share. Revenue forecast unchanged at €605.8m. Luxury industry in Italy expected to see average net income growth of 13% next year. Consensus price target up from €1.41 to €1.44. Share price fell 3.7% to €1.06 over the past week. Major Estimate Revision • Aug 10
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 expected loss increased from -€0.11 to -€0.14 per share. Revenue forecast of €617.5m unchanged since last update. Luxury industry in Italy expected to see average net income growth of 35% next year. Consensus price target up from €1.14 to €1.37. Share price rose 2.6% to €1.18 over the past week. Price Target Changed • Aug 09
Price target increased to €1.37 Up from €1.07, the current price target is an average from 3 analysts. New target price is 17% above last closing price of €1.17. Stock is up 70% over the past year. Major Estimate Revision • Aug 05
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 losses forecast to reduce from -€0.12 to -€0.11 per share. Revenue forecast steady at €616.2m. Luxury industry in Italy expected to see average net income growth of 29% next year. Consensus price target up from €1.07 to €1.14. Share price rose 8.5% to €1.15 over the past week. Reported Earnings • Aug 02
First half 2021 earnings released The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: €264.0m (up 8.4% from 1H 2020). Net loss: €37.0m (loss narrowed 55% from 1H 2020). Breakeven Date Change • Jun 01
Forecast to breakeven in 2023 The 3 analysts covering Geox expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 80% per year to 2022. The company is expected to make a profit of €10.8m in 2023. Average annual earnings growth of 108% is required to achieve expected profit on schedule. Reported Earnings • Apr 04
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €534.9m (down 34% from FY 2019). Net loss: €128.2m (loss widened 418% from FY 2019). Reported Earnings • Mar 17
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €534.9m (down 34% from FY 2019). Net loss: €128.2m (loss widened 418% from FY 2019). Price Target Changed • Mar 17
Price target increased to €0.80 Up from €0.69, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €0.82. Stock is up 37% over the past year. Is New 90 Day High Low • Mar 06
New 90-day low: €0.76 The company is down 2.0% from its price of €0.78 on 04 December 2020. The Italian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.17 per share. Is New 90 Day High Low • Nov 24
New 90-day high: €0.68 The company is up 3.0% from its price of €0.66 on 26 August 2020. The Italian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.81 per share. Major Estimate Revision • Nov 14
Analysts update estimates The 2020 consensus revenue estimate was lowered from €642.9m to €577.4m. Earning per share (EPS) estimate was unchanged from the last update at -€0.41. The Luxury industry in Italy is expected to see an average net income growth of 18% next year. The consensus price target was lowered from €0.69 to €0.65. Share price is up 12% to €0.57 over the past week. Price Target Changed • Nov 13
Price target lowered to €0.65 Down from €0.70, the current price target is an average from 2 analysts. The new target price is 14% above the current share price of €0.57. As of last close, the stock is down 52% over the past year. Is New 90 Day High Low • Oct 15
New 90-day low: €0.56 The company is down 25% from its price of €0.74 on 17 July 2020. The Italian market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Reported Earnings • Sep 29
First half earnings released Over the last 12 months the company has reported total losses of €101.7m, with losses widening by €89.9m from the prior year. Total revenue was €650.0m over the last 12 months, down 20% from the prior year. Is New 90 Day High Low • Sep 22
New 90-day low: €0.61 The company is down 16% from its price of €0.73 on 24 June 2020. The Italian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Reported Earnings • Sep 21
First half earnings released Over the last 12 months the company has reported total losses of €101.7m, with losses widening by €89.9m from the prior year. Total revenue was €650.0m over the last 12 months, down 20% from the prior year. Major Estimate Revision • Sep 19
Analysts lower EPS estimates to -€0.26 The 2020 consensus revenue estimate was lowered from €657.8m to €642.9m. The company's losses are expected to worsen with analysts lowering their EPS forecasts from -€0.23 to -€0.26 for the same period. The Luxury industry in Italy is expected to see a 0.4% decline in net income next year. The consensus price target was lowered from €0.70 to €0.69. Share price is down by 2.6% to €0.64 over the past week.