Bending Spoons S.p.A.

NasdaqGS:BSP Stock Report

Market Cap: US$12.8b

Bending Spoons Management

Management criteria checks 1/4

Bending Spoons' CEO is Luca Ferrari, appointed in Jun 2013, has a tenure of 13.17 years. directly owns 13.78% of the company’s shares, worth $1.76B. The average tenure of the management team and the board of directors is 2.8 years and 2.1 years respectively.

Key information

Luca Ferrari

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure13.2yrs
CEO ownership13.8%
Management average tenure2.8yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

New Narrative Aug 13

AI-Driven Software Subscriptions And M&A Will Sustain This Digital Platform Thesis

Catalysts About Bending Spoons Bending Spoons acquires digital businesses, integrates and transforms them, and uses the resulting cash flows to fund further acquisitions. What are the underlying business or industry changes driving this perspective?
Seeking Alpha Jul 08

Bending Spoons: I Wouldn't Pay A Tech Multiple For This PE Play

Summary I think Bending Spoons S.p.A. operates like a tech-focused private equity fund, acquiring and restructuring distressed digital businesses, rather than a "traditional" tech company. Bending Spoon doesn't have a strong, integrated ecosystem of apps/platforms that can benefit from scale. It focuses on acquiring "cheap" businesses and optimizing their operations. BSP's growth is heavily reliant on M&A, with management allocating nearly $1B in IPO proceeds to future acquisitions and lacking clear organic growth guidance. Valuation hinges on M&A execution, which remains uncertain given the company's limited size. My DCF scenarios yield a wide price target range ($6–$122), reflecting high uncertainty and risk. I assign BSP a Hold rating, given the market's indecision on whether the company merits tech-like multiples or should be valued as a financial operator. Read the full article on Seeking Alpha

CEO

Luca Ferrari (41 yo)

13.2yrs
Tenure

Mr. Luca Ferrari Co-founded Bending Spoons S.p.A. and serves as its CEO and Director since June 2013 and has also been its Chairman of the Board. From 2010 to 2012, he worked as an associate at McKinsey &...


Leadership Team

NamePositionTenureCompensationOwnership
Luca Ferrari
Co-founder13.2yrsno data13.78%
$ 1.8b
Francesco Patarnello
Co-Founder13.2yrsno data12.43%
$ 1.6b
Davide Giorgio Scarpazza
Co-Chief Financial Officerless than a yearno data0.39%
$ 49.7m
Enrico Martinelli
Co-Chief Financial Officerless than a yearno data0.18%
$ 22.4m
Francesco Mancone
Chief Technology Officer2.8yrsno data0%
$ 0
Ignacio Pereira
General Counsel3.7yrsno data0.018%
$ 2.3m
2.8yrs
Average Tenure
36.5yo
Average Age

Experienced Management: BSP's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Luca Ferrari
Co-founder13.2yrsno data13.78%
$ 1.8b
Francesco Patarnello
Co-Founder13.2yrsno data12.43%
$ 1.6b
Robert Joseph Mylod
Independent Non-Executive Director2.1yrsno data0.011%
$ 1.5m
Donald O'Neal
Independent Non-Executive Directorless than a yearno data0.013%
$ 1.7m
Joshua Motta
Independent Non Executive Directorless than a yearno data0.0037%
$ 475.2k
Paola Annunziata Tagliavini
Independent Non-Executive Directorless than a yearno datano data
Matteo Danieli
Non-Executive Director13.2yrsno data12.9%
$ 1.6b
Leah Schwartz
Non-Executive Director2.1yrsno data0.072%
$ 9.2m
Stephen Sinwell
Independent Non-Executive Directorless than a yearno data0.0020%
$ 255.5k
2.1yrs
Average Tenure
49.5yo
Average Age

Experienced Board: BSP's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/16 20:49
End of Day Share Price 2026/08/14 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

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Learn about the world class team 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

Bending Spoons S.p.A. is covered by 10 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yi Fu LeeBenchmark Company
Mark ShmulikBernstein
Stefan Julien SlowinskiBNP Paribas