Reported Earnings • Jun 02
Full year 2025 earnings released Full year 2025 results: Revenue: €2.84m (down 60% from FY 2024). Net loss: €3.62m (loss narrowed 84% from FY 2024). New Risk • Apr 12
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-€1.9m). Revenue has declined by 25% over the past year. Market cap is less than US$10m (€4.10m market cap, or US$4.80m). Announcement • Mar 17
Mondo TV S.p.A. announced that it expects to receive €1.5 million in funding Mondo TV S.p.A entered into a binding investment agreement with Hemlock West Ltd for a private placement to issue common share for the proceeds of €1.5 million on March 16, 2026. Transaction will complete by second half of 2026. New Risk • Nov 25
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 8.2% 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 (8.2% average weekly change). Negative equity (-€1.9m). Earnings have declined by 42% per year over the past 5 years. Market cap is less than US$10m (€4.61m market cap, or US$5.32m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Shareholders have been diluted in the past year (24% increase in shares outstanding). New Risk • Oct 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Risks Negative equity (-€1.9m). Earnings have declined by 42% per year over the past 5 years. Market cap is less than US$10m (€5.28m market cap, or US$6.14m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). New Risk • Sep 08
New major risk - Negative shareholders equity The company has negative equity. Total equity: -€1.9m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€1.7m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-€1.9m). Earnings have declined by 42% per year over the past 5 years. Market cap is less than US$10m (€5.85m market cap, or US$6.85m). Minor Risk Shareholders have been diluted in the past year (30% increase in shares outstanding). New Risk • Apr 24
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: -€4.9m 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 Risks Less than 1 year of cash runway based on free cash flow trend (-€4.9m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 41% per year over the past 5 years. Market cap is less than US$10m (€1.68m market cap, or US$1.91m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). New Risk • Feb 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (€4.69m market cap, or US$4.91m). Minor Risk Less than 1 year of cash runway based on current free cash flow (-€4.9m). New Risk • Nov 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.34m (US$9.79m) 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 (€9.34m market cap, or US$9.79m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€5.1m). Share price has been volatile over the past 3 months (6.1% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Nov 21
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€5.1m This is considered a minor 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: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€5.1m). Share price has been volatile over the past 3 months (6.1% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (€9.54m market cap, or US$10.0m). New Risk • Sep 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.4% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.4% per year for the foreseeable future. Minor Risks Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (€11.1m market cap, or US$12.3m). Reported Earnings • Sep 15
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €1.75m (up 21% from 2Q 2023). Net loss: €373.0k (loss narrowed 62% from 2Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Entertainment industry in Italy. Reported Earnings • May 19
First quarter 2024 earnings released First quarter 2024 results: Revenue: €2.64m (down 15% from 1Q 2023). Net income: €433.0k (up €648.0k from 1Q 2023). Profit margin: 16% (up from net loss in 1Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Entertainment industry in Italy. Reported Earnings • Apr 11
Full year 2023 earnings released Full year 2023 results: Revenue: €9.49m (down 75% from FY 2022). Net income: €842.0k (up €70.1m from FY 2022). Profit margin: 8.9% (up from net loss in FY 2022). Revenue is expected to decline by 9.7% p.a. on average during the next 2 years, while revenues in the Entertainment industry in Italy are expected to grow by 19%. Buying Opportunity • Jan 12
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be €0.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.7% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 19
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €2.10m (down 81% from 3Q 2022). Net income: €2.60m (up 6.8% from 3Q 2022). Revenue is expected to decline by 18% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Italy are expected to grow by 19%. Announcement • Nov 09
Mondo TV S.p.A. announced that it expects to receive €7.5 million in funding Mondo TV S.p.A. announced a private placement to issue 60 convertible bonds at am issue price of €125,000 per bond for the gross proceeds of €7,500,000 on November 7, 2023. The transaction has been approved by the shareholders of the company. The notes have 3 year duration. New Risk • Oct 30
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 5.2% 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 (5.2% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€14.5m market cap, or US$15.4m). Reported Earnings • Sep 15
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €1.45m (down 85% from 2Q 2022). Net loss: €977.0k (down 144% from profit in 2Q 2022). Revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Italy are expected to grow by 9.8%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • May 21
First quarter 2023 earnings released First quarter 2023 results: Revenue: €3.11m (down 67% from 1Q 2022). Net loss: €215.0k (down 110% from profit in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 29
Full year 2022 earnings released: €1.42 loss per share (vs €0.13 profit in FY 2021) Full year 2022 results: €1.42 loss per share (down from €0.13 profit in FY 2021). Revenue: €37.8m (up 6.3% from FY 2021). Net loss: €69.3m (down €74.8m from profit in FY 2021). Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Entertainment industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 20
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: €11.2m (up 38% from 3Q 2021). Net income: €2.43m (up 48% from 3Q 2021). Profit margin: 22% (up from 20% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Entertainment industry in Italy. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Angelica Mola was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 16
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: €9.60m (up 1.3% from 2Q 2021). Net income: €2.25m (up 106% from 2Q 2021). Profit margin: 23% (up from 12% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in Italy. Price Target Changed • Apr 27
Price target increased to €3.15 Up from €2.60, the current price target is an average from 2 analysts. New target price is 216% above last closing price of €1.00. Stock is down 30% over the past year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Angelica Mola was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 03
Insider recently bought €50k worth of stock On the 30th of March, Giuliana Bertozzi bought around 48k shares on-market at roughly €1.05 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.4m more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 18% share price gain to €1.06, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 20x in the Entertainment industry in Europe. Total loss to shareholders of 18% over the past three years. Recent Insider Transactions • Sep 20
CEO, President recently sold €1.0m worth of stock On the 15th of September, Matteo Corradi sold around 702k shares on-market at roughly €1.45 per share. This was the largest sale by an insider in the last 3 months. Matteo has been a seller over the last 12 months, reducing personal holdings by €653k. Reported Earnings • Sep 16
Second quarter 2021 earnings released The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: €9.48m (up 36% from 2Q 2020). Net income: €1.09m (up 2.5% from 2Q 2020). Profit margin: 12% (down from 15% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 15% share price gain to €1.67, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 25x in the Entertainment industry in Europe. Total loss to shareholders of 61% over the past three years. Price Target Changed • Apr 24
Price target increased to €3.15 Up from €2.60, the current price target is an average from 2 analysts. New target price is 119% above last closing price of €1.44. Stock is down 18% over the past year. Reported Earnings • Mar 24
Full year 2020 earnings released The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €30.4m (up 14% from FY 2019). Net income: €4.37m (up 14% from FY 2019). Profit margin: 14% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Jan 21
New 90-day low: €1.26 The company is down 20% from its price of €1.58 on 23 October 2020. The Italian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.60 per share. Is New 90 Day High Low • Dec 04
New 90-day low: €1.39 The company is down 17% from its price of €1.68 on 04 September 2020. The Italian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.26 per share. Is New 90 Day High Low • Oct 29
New 90-day low: €1.43 The company is down 24% from its price of €1.87 on 30 July 2020. The Italian market is down 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.57 per share. Is New 90 Day High Low • Sep 22
New 90-day low: €1.64 The company is down 18% from its price of €2.00 on 24 June 2020. The Italian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.94 per share.