Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to €1.21, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 26x in the Electronic industry in Germany. Total loss to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €1.07, the stock trades at a trailing P/E ratio of 37.5x. Average forward P/E is 21x in the Electronic industry in Germany. Total loss to shareholders of 68% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €1.14, the stock trades at a trailing P/E ratio of 5.8x. Average forward P/E is 23x in the Electronic industry in Germany. Total loss to shareholders of 57% over the past three years. Buy Or Sell Opportunity • May 26
Now 31% undervalued after recent price drop Over the last 90 days, the stock has fallen 42% to €1.14. The fair value is estimated to be €1.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are also forecast to grow by 3.8% per annum over the same time period. Price Target Changed • May 21
Price target increased by 133% to €1.40 Up from €0.60, the current price target is provided by 1 analyst. New target price is 23% above last closing price of €1.14. Stock is up 42% over the past year. The company is forecast to post a net loss per share of €0.13 compared to earnings per share of €0.21 last year. Tillkännagivande • Mar 11
Mobotix AG, Annual General Meeting, Apr 17, 2026 Mobotix AG, Annual General Meeting, Apr 17, 2026, at 10:00 W. Europe Standard Time. Price Target Changed • Dec 30
Price target decreased by 17% to €0.50 Down from €0.60, the current price target is provided by 1 analyst. New target price is 17% below last closing price of €0.60. The company is forecast to post a net loss per share of €0.18 next year compared to a net loss per share of €0.42 last year. Tillkännagivande • Apr 30
Certina Software Investments Ag completed the acquisition of 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902). Certina Software Investments Ag signed an agreement to acquire 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902) on March 25, 2025. As part of acquisition, 8,615,382 shares will be acquired.
The transaction is subject to approval by regulatory board / committee. The transaction is expected to complete in first half of the fiscal year ending March 31, 2026. Michael Burian, Adrian Bingel and Ocka Stumm of Gleiss Lutz acted as legal advisor to Konica Minolta, Inc.
Certina Software Investments Ag completed the acquisition of 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902) on April 29, 2025. Tillkännagivande • Mar 27
Mobotix AG, Annual General Meeting, May 02, 2025 Mobotix AG, Annual General Meeting, May 02, 2025, at 10:00 W. Europe Standard Time. Tillkännagivande • Mar 26
Certina Software Investments Ag signed an agreement to acquire 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902). Certina Software Investments Ag signed an agreement to acquire 64.90% stake in Mobotix AG (XTRA:MBQ) from Konica Minolta, Inc. (TSE:4902) on March 25, 2025. As part of acquisition, 8,615,382 shares will be acquired.
The transaction is subject to approval by regulatory board / committee. The transaction is expected to complete in first half of the fiscal year ending March 31, 2026. New Risk • Aug 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.95m (US$9.77m) 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 (€8.95m market cap, or US$9.77m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). New Risk • May 28
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.4% 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 Risks Debt is not well covered by operating cash flow (7.4% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risk Market cap is less than US$100m (€13.3m market cap, or US$14.5m). Reported Earnings • Apr 11
Full year 2023 earnings released Full year 2023 results: Revenue: €68.5m (up 16% from FY 2022). Net loss: €5.41m (loss narrowed 14% from FY 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Buy Or Sell Opportunity • Apr 11
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 36% to €1.12. The fair value is estimated to be €1.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Mar 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 42% to €1.10. The fair value is estimated to be €1.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. New Risk • Dec 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 (currently running at an operating cash loss). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (€27.6m market cap, or US$29.8m). New Risk • Jun 12
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (€35.5m market cap, or US$38.3m). Reported Earnings • May 26
First half 2023 earnings released First half 2023 results: Revenue: €35.2m (up 23% from 1H 2022). Net loss: €295.0k (loss narrowed 91% from 1H 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Germany. Reported Earnings • Apr 14
Full year 2022 earnings released Full year 2022 results: Revenue: €60.1m (down 10% from FY 2021). Net loss: €6.31m (loss widened €6.25m from FY 2021). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Price Target Changed • Nov 16
Price target decreased to €3.20 Down from €5.60, the current price target is provided by 1 analyst. New target price is 14% above last closing price of €2.80. Stock is down 49% over the past year. The company is forecast to post a net loss per share of €0.29 next year compared to a net loss per share of €0.0047 last year. Reported Earnings • Jul 01
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €68.0k from profit in 1H 2021). Profit margin: (down from 0.2% in 1H 2021). Over the next year, revenue is forecast to grow 2.4%, compared to a 20% growth forecast for the industry in Germany. Price Target Changed • Apr 27
Price target decreased to €4.80 Down from €5.60, the current price target is provided by 1 analyst. New target price is 12% above last closing price of €4.27. Stock is down 35% over the past year. The company is forecast to post earnings per share of €0.07 next year compared to a net loss per share of €0.0047 last year. Upcoming Dividend • Jan 21
Upcoming dividend of €0.04 per share Eligible shareholders must have bought the stock before 28 January 2022. Payment date: 01 February 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.3%). In line with average of industry peers (0.7%). Reported Earnings • Jan 07
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: €0.005 loss per share (down from €0.35 profit in FY 2020). Revenue: €66.9m (down 9.3% from FY 2020). Net loss: €62.0k (down 101% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 8.0%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improved over the past week After last week's 18% share price gain to €6.75, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 24x in the Electronic industry in Germany. Total loss to shareholders of 27% over the past three years. Price Target Changed • May 07
Price target decreased to €9.00 Down from €10.25, the current price target is an average from 2 analysts. New target price is 36% above last closing price of €6.60. Stock is up 3.9% over the past year. Is New 90 Day High Low • Mar 10
New 90-day low: €6.75 The company is down 5.0% from its price of €7.10 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.44 per share. Upcoming Dividend • Jan 22
Upcoming Dividend of €0.04 Per Share Will be paid on the 2nd of February to those who are registered shareholders by the 29th of January. The trailing yield of 0.5% is below the top quartile of German dividend payers (3.5%), and is lower than industry peers (0.6%). Is New 90 Day High Low • Jan 21
New 90-day high: €8.20 The company is up 43% from its price of €5.75 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.03 per share. Is New 90 Day High Low • Jan 06
New 90-day high: €7.55 The company is up 26% from its price of €6.00 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.68 per share. Price Target Changed • Dec 07
Price target lowered to €10.25 Down from €12.15, the current price target is an average from 2 analysts. The new target price is 38% above the current share price of €7.45. As of last close, the stock is down 9.1% over the past year. Is New 90 Day High Low • Dec 03
New 90-day high: €6.70 The company is up 12% from its price of €6.00 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 8.0% over the same period. Is New 90 Day High Low • Oct 02
New 90-day low: €5.30 The company is down 12% from its price of €6.05 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period. 
