New Risk • 28m
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 7.5% 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 (7.5% average weekly change). Market cap is less than US$100m (€39.5m market cap, or US$46.2m). Reported Earnings • Aug 14
Second quarter 2026 earnings released: €0.19 loss per share (vs €1.19 profit in 2Q 2025) Second quarter 2026 results: €0.19 loss per share (down from €1.19 profit in 2Q 2025). Revenue: €12.7m (down 39% from 2Q 2025). Net loss: €1.64m (down 116% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Duyuru • Aug 13
FRIWO AG to Report Q2, 2026 Results on Aug 13, 2026 FRIWO AG announced that they will report Q2, 2026 results on Aug 13, 2026 Duyuru • Apr 25
FRIWO AG, Annual General Meeting, Jun 10, 2026 FRIWO AG, Annual General Meeting, Jun 10, 2026, at 10:00 W. Europe Standard Time. Reported Earnings • Apr 24
Full year 2025 earnings released: EPS: €1.63 (vs €0.73 loss in FY 2024) Full year 2025 results: EPS: €1.63 (up from €0.73 loss in FY 2024). Revenue: €77.4m (down 17% from FY 2024). Net loss: €5.06m (loss narrowed 19% from FY 2024). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Duyuru • Mar 26
FRIWO AG to Report Fiscal Year 2025 Results on Apr 23, 2026 FRIWO AG announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Apr 23, 2026 Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to €8.15, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 56x in the Electrical industry in Germany. Total loss to shareholders of 80% over the past three years. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €5.50, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 50x in the Electrical industry in Germany. Total loss to shareholders of 87% over the past three years. New Risk • Dec 25
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 7.7% 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 High level of debt (114% net debt to equity). Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (€42.8m market cap, or US$50.4m). Reported Earnings • Nov 09
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: €20.8m (down 12% from 3Q 2024). Net income: €0 (up €800.0k from 3Q 2024). Profit margin: 0% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €4.64, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 49x in the Electrical industry in Germany. Total loss to shareholders of 90% over the past three years. Reported Earnings • Aug 18
Second quarter 2025 earnings released: EPS: €1.19 (vs €0.32 loss in 2Q 2024) Second quarter 2025 results: EPS: €1.19 (up from €0.32 loss in 2Q 2024). Revenue: €20.8m (flat on 2Q 2024). Net income: €10.0m (up €12.7m from 2Q 2024). Profit margin: 48% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Duyuru • Jul 04
FRIWO AG to Report First Half, 2025 Results on Aug 14, 2025 FRIWO AG announced that they will report first half, 2025 results on Aug 14, 2025 Duyuru • Apr 28
FRIWO AG, Annual General Meeting, Jun 05, 2025 FRIWO AG, Annual General Meeting, Jun 05, 2025, at 10:00 W. Europe Standard Time. Reported Earnings • Apr 25
Full year 2024 earnings released: €0.73 loss per share (vs €1.30 loss in FY 2023) Full year 2024 results: €0.73 loss per share (improved from €1.30 loss in FY 2023). Revenue: €93.0m (down 16% from FY 2023). Net loss: €6.25m (loss narrowed 44% from FY 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Duyuru • Apr 16
FRIWO AG to Report Fiscal Year 2024 Results on Apr 24, 2025 FRIWO AG announced that they will report fiscal year 2024 results at 5:30 PM, Central European Standard Time on Apr 24, 2025 New Risk • Apr 09
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 German stocks, typically moving 13% 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 (13% average weekly change). Earnings have declined by 4.0% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (€70.1m market cap, or US$76.8m). Buy Or Sell Opportunity • Mar 14
Now 23% overvalued Over the last 90 days, the stock has fallen 56% to €9.50. The fair value is estimated to be €7.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 4.9%. New Risk • Feb 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Risk Earnings have declined by 4.0% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (€76.6m market cap, or US$80.1m). New Risk • Feb 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €90.7m (US$95.0m) This is considered a minor 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 Earnings have declined by 4.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10.0% average weekly change). Market cap is less than US$100m (€90.7m market cap, or US$95.0m). New Risk • Nov 14
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 7.0% 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: Major Risk Earnings have declined by 4.0% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Duyuru • May 09
FRIWO AG, Annual General Meeting, Jun 13, 2024 FRIWO AG, Annual General Meeting, Jun 13, 2024, at 10:00 W. Europe Standard Time. Reported Earnings • Apr 26
Full year 2023 earnings released: €1.29 loss per share (vs €0.06 profit in FY 2022) Full year 2023 results: €1.29 loss per share (down from €0.06 profit in FY 2022). Revenue: €111.1m (down 40% from FY 2022). Net loss: €11.1m (down €11.6m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. New Risk • Mar 22
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 German stocks, typically moving 10% 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 Less than 1 year of cash runway based on free cash flow trend (-€12m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 22% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (11% increase in shares outstanding). Duyuru • Mar 22
FRIWO AG to Report Fiscal Year 2023 Results on Apr 25, 2024 FRIWO AG announced that they will report fiscal year 2023 results on Apr 25, 2024 New Risk • Feb 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Risks Less than 1 year of cash runway based on free cash flow trend (-€12m free cash flow). Earnings have declined by 22% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). New Risk • Aug 13
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Less than 1 year of cash runway based on free cash flow trend (-€12m free cash flow). Earnings have declined by 22% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Reported Earnings • Aug 13
First half 2023 earnings released: €0.43 loss per share (vs €0.15 loss in 1H 2022) First half 2023 results: €0.43 loss per share (further deteriorated from €0.15 loss in 1H 2022). Revenue: €59.7m (down 19% from 1H 2022). Net loss: €3.68m (loss widened 229% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Duyuru • May 10
FRIWO AG Provides Consolidated Earnings Guidance for the Year 2023 FRIWO AG provided consolidated earnings guidance for the year 2023. Due to the recovery in business expected in the second half of the year, the executive board remains cautiously optimistic for the full year 2023 and confirms the forecast of being able to achieve consolidated sales of EUR 140 million to EUR 160 million (comparable prior-year figure EUR 146 million). For Group EBIT expects earnings at the prior-year level and thus an improved return on sales. Reported Earnings • Apr 02
Full year 2022 earnings released: EPS: €0.06 (vs €1.37 loss in FY 2021) Full year 2022 results: EPS: €0.06 (up from €1.37 loss in FY 2021). Revenue: €184.9m (up 84% from FY 2021). Net income: €512.0k (up €11.1m from FY 2021). Profit margin: 0.3% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: €0.052 (vs €0.21 loss in 2Q 2021) Second quarter 2022 results: EPS: €0.052 (up from €0.21 loss in 2Q 2021). Revenue: €44.2m (up 69% from 2Q 2021). Net income: €482.0k (up €2.11m from 2Q 2021). Profit margin: 1.1% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Duyuru • Aug 13
FRIWO AG Provides Earnings Guidance for the Full Year of 2022 FRIWO AG provided earnings guidance for the full year of 2022. The continuing high demand and the record order book at the half-year are a sound basis for a continued positive development in the second half of 2022. Notwithstanding the continued tense situation on the international supply markets and the uncertainties concerning possible negative impacts from the Ukrainian crisis and the progress of the COVID 19 pandemic, the Executive Board is raising its expectations for growth in Group revenue in 2022 to a medium (so far: low to medium) double-digit percentage range. In addition, a slightly positive Group EBIT also remains to be projected. FRIWO is also confident of generating sustainably profitable growth in the years to come. Duyuru • Aug 10
FRIWO AG to Report Q2, 2022 Results on Aug 11, 2022 FRIWO AG announced that they will report Q2, 2022 results at 5:30 PM, Central European Standard Time on Aug 11, 2022 Reported Earnings • Apr 04
Full year 2021 earnings released: €1.37 loss per share (vs €0.72 loss in FY 2020) Full year 2021 results: €1.37 loss per share (down from €0.72 loss in FY 2020). Revenue: €100.5m (up 1.2% from FY 2020). Net loss: €10.6m (loss widened 92% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Duyuru • Mar 01
FRIWO AG Appoints Tobias Tunsch as Chief Financial Officer The Supervisory Board of FRIWO AG has appointed Mr. Tobias Tunsch as the company's Chief Financial Officer (CFO) with effect from 1st March 2022. Mr. Tunsch has already been working for FRIWO since May last year; he had supported the FRIWO Group as an external advisor in the finance department after the departure of the former CFO Ulrich Lammers. As a result, the board of FRIWO AG, which also includes Rolf Schwirz as CEO, will once again consist of two people. Reported Earnings • Nov 15
Third quarter 2021 earnings released: €0.35 loss per share (vs €0.058 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: €21.1m (down 17% from 3Q 2020). Net loss: €2.67m (loss widened €2.23m from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
Second quarter 2021 earnings released: €0.21 loss per share (vs €0.18 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: €26.2m (up 6.0% from 2Q 2020). Net loss: €1.63m (loss widened 20% from 2Q 2020). 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. Is New 90 Day High Low • Jan 08
New 90-day high: €23.80 The company is up 36% from its price of €17.50 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 38% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: €23.40 The company is up 83% from its price of €12.80 on 17 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 Electrical industry, which is up 18% over the same period. Is New 90 Day High Low • Oct 22
New 90-day high: €18.60 The company is up 3.0% from its price of €18.10 on 24 July 2020. The German market is down 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 17% over the same period. Duyuru • Sep 25
FRIWO AG (DB:CEA) acquired 100% stake in Emerge-Engineering GmbH from founder and owner. FRIWO AG (DB:CEA) acquired 100% stake in Emerge-Engineering GmbH from founder and owner on December 19, 2018. With the acquisition, the FRIWO AG is taking the step from product to system supplier. INOVIS Capital GmbH acted as a financial advisor to Emerge-Engineering GmbH.
FRIWO AG (DB:CEA) completed the acquisition of 100% stake in Emerge-Engineering GmbH from founder and owner on December 19, 2018.