Bittnet Systems SA

BVB:BNET Stock Report

Market Cap: RON 88.9m

Bittnet Systems Past Earnings Performance

Past criteria checks 3/6

Bittnet Systems's earnings have been declining at an average annual rate of -36.5%, while the IT industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 24.7% per year. Bittnet Systems's return on equity is 12%, and it has net margins of 1.8%.

Key information

-36.48%

Earnings growth rate

-36.96%

EPS growth rate

IT Industry Growth15.31%
Revenue growth rate24.71%
Return on equity12.01%
Net Margin1.84%
Next Earnings Update27 Nov 2026

Recent past performance updates

Recent updates

Analysis Article • Oct 03

Even With A 43% Surge, Cautious Investors Are Not Rewarding Bittnet Systems SA's (BVB:BNET) Performance Completely

Bittnet Systems SA ( BVB:BNET ) shares have had a really impressive month, gaining 43% after a shaky period beforehand...
Analysis Article • Jul 26

We Think Bittnet Systems (BVB:BNET) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article • Mar 08

Statutory Profit Doesn't Reflect How Good Bittnet Systems' (BVB:BNET) Earnings Are

The subdued stock price reaction suggests that Bittnet Systems SA's ( BVB:BNET ) strong earnings didn't offer any...
Analysis Article • Jan 10

Bittnet Systems SA's (BVB:BNET) Subdued P/S Might Signal An Opportunity

Bittnet Systems SA's ( BVB:BNET ) price-to-sales (or "P/S") ratio of 0.3x may look like a pretty appealing investment...
Analysis Article • Jul 22

Bittnet Systems (BVB:BNET) Is Reinvesting At Lower Rates Of Return

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Jan 05

Here's Why Bittnet Systems (BVB:BNET) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Nov 18

There Are Some Reasons To Suggest That Bittnet Systems' (BVB:BNET) Earnings A Poor Reflection Of Profitability

Shareholders didn't seem to be thrilled with Bittnet Systems SA's ( BVB:BNET ) recent earnings report, despite healthy...
Analysis Article • Jun 08

Capital Allocation Trends At Bittnet Systems (BVB:BNET) Aren't Ideal

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article • May 13

Is Bittnet Systems (BVB:BNET) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Feb 11

Should You Be Worried About Bittnet Systems SA's (BVB:BNET) 10% Return On Equity?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Analysis Article • Dec 20

Bittnet Systems (BVB:BNET) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Revenue & Expenses Breakdown

How Bittnet Systems makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BVB:BNET Revenue, expenses and earnings (RON Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 264318520
31 Mar 264010580
31 Dec 25394-6610
30 Sep 25265-18650
30 Jun 25324-18670
31 Mar 25409-6660
31 Dec 24404-6650
30 Sep 24380-10600
30 Jun 24383-8600
31 Mar 24347-15600
31 Dec 23359-8560
30 Sep 23360-4580
30 Jun 23269-9510
31 Mar 23213-4440
31 Dec 22192-5390
30 Sep 22138-4310
30 Jun 221317270
31 Mar 221229240
31 Dec 2111012220
30 Sep 2111412200
30 Jun 211002190
31 Mar 211081180
31 Dec 201091180
30 Sep 201202190
30 Jun 201151190
31 Mar 20103-5180
31 Dec 1998-5190
30 Jun 1964-1160
31 Mar 19524130
31 Dec 1848480
31 Dec 1728150
30 Jun 1731120
31 Mar 1723110
31 Dec 1614110
30 Sep 1613110
30 Jun 1611110
31 Mar 1611110
01 Jan 1610110

Quality Earnings: BNET has high quality earnings.

Growing Profit Margin: BNET became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BNET has become profitable over the past 5 years, growing earnings by -36.5% per year.

Accelerating Growth: BNET has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BNET has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (8.1%).

Return on Equity

High ROE: BNET's Return on Equity (12%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 01:09
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bittnet Systems SA is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ionut GavrisIpopema Securities S.A.