Recent Insider Transactions • May 17
CEO & Executive Director recently bought €8.5m worth of stock On the 12th of May, Massimo Gianolli bought around 292k shares on-market at roughly €29.10 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Massimo's only on-market trade for the last 12 months. Reported Earnings • May 14
First quarter 2026 earnings released First quarter 2026 results: Revenue: €14.9m (up 3.0% from 1Q 2025). Net income: €5.12m (down 3.1% from 1Q 2025). Profit margin: 34% (down from 37% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, while revenues in the Diversified Financial industry in Italy are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 13
Upcoming dividend of €1.36 per share Eligible shareholders must have bought the stock before 20 April 2026. Payment date: 22 April 2026. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of Italian dividend payers (4.6%). Lower than average of industry peers (6.5%). New Risk • Apr 12
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 2.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (2.5% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (160% cash payout ratio). Declared Dividend • Feb 12
Dividend increased to €1.36 Dividend of €1.36 is 64% higher than last year. Ex-date: 20th April 2026 Payment date: 22nd April 2026 Dividend yield will be 5.3%, which is higher than the industry average of 3.5%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 25% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 11
Generalfinance S.p.A. announces Annual dividend, payable on April 22, 2026 Generalfinance S.p.A. announced Annual dividend of EUR 1.3600 per share payable on April 22, 2026, ex-date on April 20, 2026 and record date on April 21, 2026. Announcement • Jan 16
Generalfinance S.p.A. announced that it has received €20 million in funding Generalfinance S.p.A. has announced that it has received €20 million in a round of funding on January 15, 2026. The transaction included participation from new investor Nick Mackenzie. The company has provided unsecured bonds in the transaction. The bond will be maturing in April 2028 and bearing a fixed-rate coupon of 5.5% per annum. The bonds were issued at a price equal to 100.7% of their nominal value. New Risk • Nov 17
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 10
Third quarter 2025 earnings released: EPS: €0.69 (vs €0.44 in 3Q 2024) Third quarter 2025 results: EPS: €0.69 (up from €0.44 in 3Q 2024). Revenue: €19.3m (up 49% from 3Q 2024). Net income: €8.68m (up 55% from 3Q 2024). Profit margin: 45% (up from 43% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, while revenues in the Diversified Financial industry in Italy are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 12
Second quarter 2025 earnings released: EPS: €0.56 (vs €0.25 in 2Q 2024) Second quarter 2025 results: EPS: €0.56 (up from €0.25 in 2Q 2024). Revenue: €17.5m (up 76% from 2Q 2024). Net income: €7.03m (up 126% from 2Q 2024). Profit margin: 40% (up from 31% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 1.6% decline forecast for the Diversified Financial industry in Italy. 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 41% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Sep 04
Consensus EPS estimates increase by 10% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €1.89 to €2.09. Revenue forecast unchanged at €60.9m. Net income forecast to grow 26% next year vs 15% growth forecast for Diversified Financial industry in Italy. Consensus price target up from €17.85 to €20.60. Share price rose 8.1% to €18.60 over the past week. Price Target Changed • Sep 03
Price target increased by 13% to €19.10 Up from €16.85, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €19.00. Stock is up 70% over the past year. The company is forecast to post earnings per share of €1.99 for next year compared to €1.67 last year. Reported Earnings • May 22
First quarter 2025 earnings released First quarter 2025 results: Revenue: €14.5m (up 24% from 1Q 2024). Net income: €5.29m (up 8.4% from 1Q 2024). Profit margin: 37% (down from 42% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 3.7% decline forecast for the Diversified Financial industry in Italy. Upcoming Dividend • Apr 07
Upcoming dividend of €0.83 per share Eligible shareholders must have bought the stock before 14 April 2025. Payment date: 16 April 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Italian dividend payers (5.9%). Lower than average of industry peers (6.9%). Declared Dividend • Mar 06
Dividend increased to €0.83 Dividend of €0.83 is 41% higher than last year. Ex-date: 14th April 2025 Payment date: 16th April 2025 Dividend yield will be 5.8%, which is higher than the industry average of 3.5%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 17% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 05
Generalfinance S.p.A. announces Annual dividend, payable on April 16, 2025 Generalfinance S.p.A. announced Annual dividend of EUR 0.8300 per share payable on April 16, 2025, ex-date on April 14, 2025 and record date on April 15, 2025. Announcement • Mar 04
Generalfinance S.p.A., Annual General Meeting, Apr 10, 2025 Generalfinance S.p.A., Annual General Meeting, Apr 10, 2025, at 11:00 W. Europe Standard Time. Price Target Changed • Mar 03
Price target increased by 13% to €15.00 Up from €13.25, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €14.80. Stock is up 49% over the past year. The company is forecast to post earnings per share of €1.66 for next year compared to €1.19 last year. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €14.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Diversified Financial industry in Italy. Total returns to shareholders of 57% over the past year. Price Target Changed • Dec 30
Price target increased by 9.9% to €13.90 Up from €12.65, the current price target is an average from 2 analysts. New target price is 9.9% above last closing price of €12.65. Stock is up 36% over the past year. The company posted earnings per share of €1.19 last year. New Risk • Nov 20
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: €0.44 (vs €0.31 in 3Q 2023) Third quarter 2024 results: EPS: €0.44 (up from €0.31 in 3Q 2023). Revenue: €12.9m (up 26% from 3Q 2023). Net income: €5.62m (up 42% from 3Q 2023). Profit margin: 43% (up from 39% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Diversified Financial industry in Italy. Reported Earnings • Jul 28
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €23.2m (up 145% from 2Q 2023). Net income: €3.10m (down 18% from 2Q 2023). Profit margin: 13% (down from 40% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Diversified Financial industry in Italy. New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Short dividend paying track record (1 year of continuous dividend payments). Upcoming Dividend • Apr 08
Upcoming dividend of €0.59 per share Eligible shareholders must have bought the stock before 15 April 2024. Payment date: 17 April 2024. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of Italian dividend payers (5.6%). Lower than average of industry peers (8.6%). Price Target Changed • Feb 27
Price target increased by 7.4% to €11.60 Up from €10.80, the current price target is an average from 2 analysts. New target price is 12% above last closing price of €10.40. Stock is up 31% over the past year. The company is forecast to post earnings per share of €1.23 for next year compared to €0.97 last year. Price Target Changed • Jan 31
Price target increased by 8.1% to €11.40 Up from €10.55, the current price target is an average from 2 analysts. New target price is 20% above last closing price of €9.50. Stock is up 32% over the past year. The company is forecast to post earnings per share of €1.28 for next year compared to €0.97 last year. Reported Earnings • Nov 13
Third quarter 2023 earnings released: EPS: €0.31 (vs €0.28 in 3Q 2022) Third quarter 2023 results: EPS: €0.31 (up from €0.28 in 3Q 2022). Revenue: €10.3m (up 14% from 3Q 2022). Net income: €3.97m (up 14% from 3Q 2022). Profit margin: 39% (in line with 3Q 2022). Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: €0.30 (vs €0.18 in 2Q 2022) Second quarter 2023 results: EPS: €0.30 (up from €0.18 in 2Q 2022). Revenue: €9.49m (up 13% from 2Q 2022). Net income: €3.76m (up 69% from 2Q 2022). Profit margin: 40% (up from 26% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 56% decline forecast for the Diversified Financial industry in Italy. Reported Earnings • Apr 20
First quarter 2023 earnings released: EPS: €0.23 (vs €0.28 in 1Q 2022) First quarter 2023 results: EPS: €0.23. Revenue: €8.70m (up 8.2% from 1Q 2022). Net income: €2.90m (up 6.5% from 1Q 2022). Profit margin: 33% (in line with 1Q 2022). Reported Earnings • Feb 20
Full year 2022 earnings released: EPS: €0.86 (vs €0.96 in FY 2021) Full year 2022 results: EPS: €0.86. Revenue: €33.5m (up 25% from FY 2021). Net income: €10.9m (up 15% from FY 2021). Profit margin: 33% (down from 35% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 75% decline forecast for the Diversified Financial industry in Italy. Reported Earnings • Nov 19
Third quarter 2022 earnings released Third quarter 2022 results: EPS: €0.28. Net income: €3.49m (up €3.49m from 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 84% decline forecast for the Diversified Financial industry in Italy. 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. 9 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 09
Third quarter 2022 earnings released Third quarter 2022 results: EPS: €0.27. Net income: €3.45m (up €3.45m from 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 87% decline forecast for the Diversified Financial industry in Italy. Reported Earnings • Aug 10
Second quarter 2022 earnings released Second quarter 2022 results: EPS: €0.22. Revenue: €8.46m (flat on 2Q 2021). Net income: €2.18m (up €2.18m from 2Q 2021). Profit margin: 26% (up from null in 2Q 2021).