Duyuru • Apr 30
123fahrschule SE, Annual General Meeting, Jun 10, 2026 123fahrschule SE, Annual General Meeting, Jun 10, 2026, at 10:00 W. Europe Standard Time. Duyuru • Mar 31
123fahrschule SE has completed a Follow-on Equity Offering in the amount of €1.02 million. 123fahrschule SE has completed a Follow-on Equity Offering in the amount of €1.02 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 400,000
Price\Range: €2.55
Transaction Features: Subsequent Direct Listing Price Target Changed • Jun 11
Price target increased by 9.0% to €7.05 Up from €6.47, the current price target is provided by 1 analyst. New target price is 67% above last closing price of €4.22. Stock is up 13% over the past year. The company posted a net loss per share of €1.26 last year. Breakeven Date Change • Jun 03
Forecast to breakeven in 2027 The 3 analysts covering 123fahrschule expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 90% per year to 2026. The company is expected to make a profit of €1.30m in 2027. Average annual earnings growth of 113% is required to achieve expected profit on schedule. Breakeven Date Change • Apr 17
Forecast to breakeven in 2027 The 3 analysts covering 123fahrschule expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 90% per year to 2026. The company is expected to make a profit of €1.30m in 2027. Average annual earnings growth of 113% is required to achieve expected profit on schedule. Reported Earnings • Mar 28
Full year 2024 earnings released Full year 2024 results: Revenue: €24.9m (up 19% from FY 2023). Net loss: €7.03m (loss widened 80% from FY 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Services industry in Europe. Duyuru • Mar 27
123fahrschule SE, Annual General Meeting, May 06, 2025 123fahrschule SE, Annual General Meeting, May 06, 2025, at 10:00 W. Europe Standard Time. Breakeven Date Change • Mar 26
Forecast to breakeven in 2027 The 3 analysts covering 123fahrschule expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €3.10m in 2027. Average annual earnings growth of 78% is required to achieve expected profit on schedule. New Risk • Aug 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 53% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€3.5m). Currently unprofitable and not forecast to become profitable over next 3 years (€450k net loss in 3 years). Market cap is less than US$100m (€14.7m market cap, or US$16.3m). Buy Or Sell Opportunity • Jul 02
Now 40% undervalued The stock has been flat over the last 90 days, currently trading at €3.78. The fair value is estimated to be €6.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 58% per annum over the same time period. Buy Or Sell Opportunity • Jun 19
Now 27% undervalued Over the last 90 days, the stock has risen 99% to €3.88. The fair value is estimated to be €5.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 58% per annum over the same time period. Buy Or Sell Opportunity • Jun 17
Now 25% undervalued Over the last 90 days, the stock has risen 85% to €3.60. The fair value is estimated to be €4.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 58% per annum over the same time period. Duyuru • May 14
123fahrschule SE (DB:123F) entered into an share purchase agreement to acquire FOERST GmbH. 123fahrschule SE (DB:123F) entered into an share purchase agreement to acquire FOERST GmbH on May 12, 2024. The total purchase price, which is subject to certain adjustments, was agreed to be a mid-six-figure amount that can be paid in full in shares of 123fahrschule SE in several tranches at the discern on of 23fahrschule SE by the end of 2026. The new shares are to be issued at an issue price close to the stock exchange price. If this is not possible under stock corpora>on law, 123fahrschule Holding GmbH is entailed to withdraw from the purchase agreement, in particular if the calculated issue price of the new shares to be issued proves to be unreasonably low. Subject to the occurrence of conditions precedent, the acquisition is planned to be completed on 1 July 2024. New Risk • Mar 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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 (-€3.5m free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€450k net loss in 3 years). Market cap is less than US$100m (€9.70m market cap, or US$10.6m). New Risk • Mar 04
New major risk - Revenue and earnings growth Earnings have declined by 27% 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 (-€3.5m free cash flow). Shares are highly illiquid. Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (€7.04m market cap, or US$7.64m). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€500k net loss in 3 years). Shareholders have been diluted in the past year (6.8% increase in shares outstanding). Reported Earnings • Mar 02
Full year 2023 earnings released Full year 2023 results: Revenue: €21.8m (up 30% from FY 2022). Net loss: €3.91m (loss narrowed 11% from FY 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Consumer Services industry in Europe. Breakeven Date Change • Mar 01
Forecast to breakeven in 2025 The 2 analysts covering 123fahrschule expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €1.50m in 2025. Average annual earnings growth of 106% is required to achieve expected profit on schedule. Price Target Changed • Jan 23
Price target decreased by 18% to €12.10 Down from €14.75, the current price target is provided by 1 analyst. New target price is 408% above last closing price of €2.38. Stock is down 52% over the past year. The company posted a net loss per share of €1.41 last year. New Risk • Oct 15
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €3.7m Forecast net loss in 2 years: €206k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. 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 (-€5.4m free cash flow). Shares are highly illiquid. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€206k net loss in 2 years). Shareholders have been diluted in the past year (6.8% increase in shares outstanding). Market cap is less than US$100m (€9.96m market cap, or US$10.5m). Price Target Changed • Oct 13
Price target decreased by 15% to €12.10 Down from €14.25, the current price target is provided by 1 analyst. New target price is 236% above last closing price of €3.60. Stock is down 45% over the past year. The company posted a net loss per share of €1.41 last year. Duyuru • Jun 02
123fahrschule SE announced that it expects to receive €2.172625 million in funding 123fahrschule SE announced a private placement of 310,375 shares at an issue price of €7 per share for the gross proceeds of €2,172,625 on May 31, 2023. Breakeven Date Change • Mar 21
Forecast to breakeven in 2025 The 2 analysts covering 123fahrschule expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 53% per year to 2024. The company is expected to make a profit of €1.70m in 2025. Average annual earnings growth of 80% is required to achieve expected profit on schedule. Breakeven Date Change • Jan 26
No longer forecast to breakeven The 2 analysts covering 123fahrschule no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €2.35m in 2024. New consensus forecast suggests the company will make a loss of €400.0k in 2024. Price Target Changed • Nov 18
Price target decreased to €22.65 Down from €26.15, the current price target is provided by 1 analyst. New target price is 248% above last closing price of €6.50. Stock is down 44% over the past year. The company posted a net loss per share of €1.85 last year. Duyuru • Sep 24
123fahrschule SE has completed a Follow-on Equity Offering in the amount of €3.766336 million. 123fahrschule SE has completed a Follow-on Equity Offering in the amount of €3.766336 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 538,048
Price\Range: €7
Transaction Features: Rights Offering Price Target Changed • Aug 08
Price target decreased to €26.15 Down from €29.50, the current price target is an average from 2 analysts. New target price is 191% above last closing price of €9.00. Stock is down 17% over the past year. The company posted a net loss per share of €1.85 last year. Duyuru • Jun 30
123fahrschule SE, Annual General Meeting, Jun 28, 2022 123fahrschule SE, Annual General Meeting, Jun 28, 2022. Agenda: To approve capital increase by direct resolution and elects Dr. Heinrich Zetlmayer to the Supervisory Board. Duyuru • Jun 29
123fahrschule SE Elects Dr. Heinrich Zetlmayer to the Supervisory Board 123fahrschule SE held its Annual General Meeting on June 27, 2022 as a virtual event without the physical presence of its shareholders. Finally, the Supervisory Board was expanded to four members and Dr. Heinrich Zetlmayer was elected as the fourth member of the Supervisory Board. As Co-CEO and member of the Board of Directors, Dr. Heinrich Zetlmayer played a key role in the development of ESL Gaming GmbH. Breakeven Date Change • Mar 31
Forecast to breakeven in 2024 The 2 analysts covering 123fahrschule expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €2.40m in 2024. Average annual earnings growth of 86% is required to achieve expected profit on schedule. Duyuru • Dec 24
123fahrschule SE (DUSE:123F) acquired Das Fahrer-Werk GmbH for €0.6 million. 123fahrschule SE (DUSE:123F) acquired Das Fahrer-Werk GmbH for €0.6 million on December 21, 2021. The deal is financed by capital increase conducted in October.
123fahrschule SE (DUSE:123F) completed the acquisition of Das Fahrer-Werk GmbH on December 21, 2021. Is New 90 Day High Low • Feb 23
New 90-day high: €13.00 The company is up 767% from its price of €1.50 on 24 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 12% over the same period.