Tillkännagivande • May 14
Sidetrade SA, Annual General Meeting, Jun 18, 2026 Sidetrade SA, Annual General Meeting, Jun 18, 2026. Location: boulogne billancourt France Reported Earnings • Apr 26
Full year 2025 earnings released: EPS: €6.03 (vs €5.35 in FY 2024) Full year 2025 results: EPS: €6.03 (up from €5.35 in FY 2024). Revenue: €65.5m (up 19% from FY 2024). Net income: €9.02m (up 14% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Tillkännagivande • Apr 24
Sidetrade Announces Executive Appointments Sidetrade announced two senior leadership appointments as it executes O2C Intelligence 2030, its strategic plan to operate as an AI-native enterprise. Axelle de Faÿ joins as Chief Customer Experience Officer and Frédéric Dupont-Aldiolan is appointed Chief Human Resources Officer. These appointments position the Group for an operating model where every employee works alongside AI agents. de Faÿ returns after spending her first 13 years at Sidetrade building the Consulting, Presales, Customer Success and Professional Services organization from the ground up. Her mandate is to unify Customer Success, Professional Services, and IT Support. Every client should get paired with AI agents that optimize their Order-to-Cash performance. Every interaction will run to one measurable standard. de Faÿ led Customer Success then large-scale transformation programs at Salesforcefor over a decade across EMEA and emerging markets. She brings a rare combination of deep Sidetrade expertise and leadership at scale, with a clear understanding of entrepreneurial culture and experience of AI-augmented customer delivery. Dupont-Aldiolan has spent 18 years inside Sidetrade operations, most recently as Chief Services Officer, running global deployments and teams across more than 20 nationalities. His mandate covers the Sidetrade organizational rebuild, redefining roles from task execution to agent orchestration, reskilling the entire workforce on human-agent collaboration, and establishing the governance frameworks required to run AI agents at scale across different regions and regulatory environments. McKinsey’s research underscores why this role is critical. The report finds that around 75% of current roles will need reshaping with new skill mixes that combine greater technological fluency with stronger social, emotional, and higher-cognitive capabilities. Buy Or Sell Opportunity • Apr 23
Now 21% overvalued Over the last 90 days, the stock has fallen 12% to €166. The fair value is estimated to be €137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Tillkännagivande • Mar 24
Mission Trail Capital Management LLC acquired 5.39% stake in Sidetrade SA (ENXTPA:ALBFR). Mission Trail Capital Management LLC acquired 5.39% stake in Sidetrade SA (ENXTPA:ALBFR) on March 24, 2026. Mission Trail Capital Management has acquired 80,659 shares representing 5.39% of Sidetrade's outstanding share capital.
Mission Trail Capital Management LLC completed the acquisition of 5.39% stake in Sidetrade SA (ENXTPA:ALBFR) on March 24, 2026. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €133, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Software industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €196 per share. New Risk • Feb 16
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 German stocks, typically moving 7.9% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €117, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Software industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €192 per share. Buy Or Sell Opportunity • Jan 29
Now 23% undervalued The stock has been flat over the last 90 days, currently trading at €150. The fair value is estimated to be €193, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €179, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 19x in the Software industry in Germany. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €192 per share. Buy Or Sell Opportunity • Dec 12
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €249. The fair value is estimated to be €205, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 21% in the next 2 years. Board Change • Nov 17
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 Gilles Rigal was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 28
Sidetrade SA (ENXTPA:ALBFR) completed the acquisition of ezyCollect Pty Ltd. Sidetrade SA (ENXTPA:ALBFR) signed binding agreement to acquire ezyCollect Pty Ltd. for €37.3 million on October 13, 2025. The transaction values ezyCollect at €37.3 million, including €34.7 million paid in cash at closing and €2.6 million in Sidetrade free shares, designed to retain the company’s two founders and key team members for a minimum of three years. In addition, the founders may be eligible for an earn-out of up to €5.6 million, based on ezyCollect’s Annual Recurring Revenue (ARR) growth through the end of 2028. This earnout is currently estimated at approximately €3.3 million and would be settled equally in Sidetrade shares and cash. The acquisition is financed with Sidetrade’s cash on hand and a €25 million long-term credit facility with an interest rate of approximately 3.1%, fully hedged.
The acquisition of ezyCollect is expected to close in the next few weeks, subject to customary closing conditions.
America's Growth Capital, LLC acted as financial advisor for ezyCollect Pty Ltd. Thomson Geer acted as legal advisor for ezyCollect Pty Ltd. Laurent Bensaid and Julien Vicariot of King and Spalding LLP acted as legal advisor for Sidetrade SA.
Sidetrade SA (ENXTPA:ALBFR) completed the acquisition of ezyCollect Pty Ltd. on October 27, 2025. Tillkännagivande • Oct 13
Sidetrade SA (ENXTPA:ALBFR) signed binding agreement to acquire ezyCollect Pty Ltd. for €37 million. Sidetrade SA (ENXTPA:ALBFR) signed binding agreement to acquire ezyCollect Pty Ltd. for €37 million on October 13, 2025. A cash consideration of €37 million will be paid by Sidetrade SA, which includes an initial payment upon closing and a potential earn-out based on revenue growth through 2028. The cash component of the contemplated transaction will be financed through a combination of the Group’s available cash resources and a long-term bank loan facility of €25 million, bearing a fixed rate of approximately 3.1% secured through hedging instruments. ezyCollect’s management team will remain primarily responsible, independently from Sidetrade’s enterprise sales force.
The acquisition of ezyCollect is expected to close in the next few weeks, subject to customary closing conditions.
America's Growth Capital, LLC acted as financial advisor for ezyCollect Pty Ltd. Thomson Geer acted as legal advisor for ezyCollect Pty Ltd. Laurent Bensaid and Julien Vicariot of King and Spalding LLP acted as legal advisor for Sidetrade SA. Board Change • Feb 20
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 Gilles Rigal was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 01
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 Gilles Rigal was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 21
Sidetrade SA, Annual General Meeting, Jun 18, 2025 Sidetrade SA, Annual General Meeting, Jun 18, 2025. Tillkännagivande • Nov 20
Sidetrade SA to Report Fiscal Year 2024 Results on Mar 26, 2025 Sidetrade SA announced that they will report fiscal year 2024 results After-Market on Mar 26, 2025 Tillkännagivande • Nov 19
Sidetrade SA to Report First Half, 2025 Results on Sep 17, 2025 Sidetrade SA announced that they will report first half, 2025 results on Sep 17, 2025 Board Change • Aug 19
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 Gilles Rigal was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jun 24
Sidetrade Appoints Allison Barlaz as Chief Marketing Officer Sidetrade announced Allison Barlaz as Chief Marketing Officer. This appointment is part of Sidetrade's ambitious plan to enhance its market presence and accelerate growth, with a focus on North America. Allison Barlaz joins Sidetrade with over twenty-five years’ experience in product and marketing roles across software companies, including SaaS vendors. In her new role, Barlaz provides visionary leadership and strategic marketing direction, contributing to Sidetrade’s expansion goals. She joins the executive committee of Sidetrade, expanding its membership to 10. Barlaz has a proven track record in demand generation, leveraging new marketing technologies to support business objectives and drive revenue growth. In addition, she has experience in the Order-to-Cash market, having spearheaded BlackLine's demand generation and digital marketing strategy for more than two years. Barlaz is based in the US and holds degrees from INSEAD Business School, UC Berkeley, and the University of Pennsylvania, underscoring her formidable background and readiness to lead Sidetrade’s marketing endeavors. Board Change • Apr 20
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. 5 non-independent directors. Non-Executive Director Gilles Rigal was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 17
Sidetrade SA (ENXTPA:ALBFR) signed binding purchase agreements to acquire 58.73% stake in SHS VIVEON AG (XTRA:SHWK) for €4.4 million. Sidetrade SA (ENXTPA:ALBFR) signed binding purchase agreements to acquire 58.73% stake in SHS VIVEON AG (XTRA:SHWK) for €4.4 million on April 15, 2024. The offer price per share is €3 for 1,462,489 shares. Sidetrade is assisted by King & Spalding LLP as legal advisor on the transaction and ODDO BHF SE as financial advisor. Tillkännagivande • Apr 16
Sidetrade Provides Sales Guidance for the Year 2024 Sidetrade provided sales guidance for the year 2024. The company reported that Double-digit growth in sales confirmed for 2024. Tillkännagivande • Sep 22
Sidetrade Announces Board Appointments Sidetrade announced the appointment of two new non-executive Directors, Gilles Rigal and Jean-Luc Robert, to the company’s Board of Directors. Gilles Rigal and Jean-Luc Robert’s career paths are marked by leadership roles in leading international software companies. Effective immediately, these appointments will bring a collective 85 years of expertise whilst accelerating Sidetrade’s international development. Gilles Rigal has had a remarkable career with successful software vendors, including as EMEA Vice President at BMC Software and Chief Operation Officer at Systar. He also served as a Partner at Seven2 (formerly Apax Partners) for 22 years, where he led the tech investments in companies such as Altran, Inetum (formerlyGFI), Graitec Infovista, and Cartesis. His achievements testify to his deep expertise in the software industry. Gille's leadership will be instrumental in driving Sidetrade's sustained growth and ensuring long-term success, making him an invaluable addition to the company's Board of Directors. Jean-Luc Robert, a well-known CEO in the SaaS industry who has built over the last 20 years the global leader of cloud-based finance and liquidity solutions, Kyriba. Recently stepped down in his role as CEO, his track record of success, coupled with his expertise in cash management and the US market, along with his mastery of the SaaS entrepreneurship, position Jean-Luc as an incredible asset in guiding Sidetrade towards ongoing growth and successful expansion, especially for the US market. These appointments expand the size of Sidetrade’s Board of Directors to five members including: Pierre-Yves, Dargaud Managing Partner and Deputy Managing Director, Amala Partners; Christelle Dhrif, Chief Communications Officer, Sidetrade; and Olivier Novasque, CEO, Sidetrade. New Risk • Aug 04
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.1% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Profit margins are more than 30% lower than last year (9.1% net profit margin). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Tillkännagivande • Jul 04
Sidetrade SA (ENXTPA:ALBFR) entered into a definitive agreement to acquire Business from CreditPoint Software, Inc. for €3 million. Sidetrade SA (ENXTPA:ALBFR) entered into a definitive agreement to acquire Business from CreditPoint Software, Inc. for €3 million on July 3, 2023. The amount includes an earn out based on the sales achieved by Sidetrade for CreditPoint Software's solution over the next three years. The consideration was financed from €36 million of the company's cash position. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €129, the stock trades at a forward P/E ratio of 70x. Average forward P/E is 29x in the Software industry in Germany. 
