New Risk • Apr 06
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 Market cap is less than US$10m (€4.50m market cap, or US$5.19m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). New Risk • Mar 10
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 3.9% 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. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (€4.50m market cap, or US$5.24m). Minor Risk Share price has been volatile over the past 3 months (3.9% average weekly change). Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to €1.96, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total loss to shareholders of 22% over the past three years. Price Target Changed • Sep 30
Price target decreased by 7.1% to €3.95 Down from €4.25, the current price target is provided by 1 analyst. New target price is 128% above last closing price of €1.73. Stock is down 15% over the past year. The company is forecast to post earnings per share of €0.07 for next year compared to €0.027 last year. Price Target Changed • Jun 30
Price target increased by 9.3% to €4.25 Up from €3.89, the current price target is provided by 1 analyst. New target price is 119% above last closing price of €1.94. Stock is down 18% over the past year. The company is forecast to post earnings per share of €0.07 for next year compared to €0.027 last year. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €2.02, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total loss to shareholders of 15% over the past three years. Major Estimate Revision • May 02
Consensus EPS estimates fall by 59%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €21.5m to €21.8m. EPS estimate fell from €0.17 to €0.07 per share. Net income forecast to grow 145% next year vs 19% growth forecast for Capital Markets industry in Germany. Consensus price target up from €3.89 to €4.25. Share price was steady at €1.69 over the past week. Duyuru • Apr 28
Binect AG, Annual General Meeting, Jun 04, 2025 Binect AG, Annual General Meeting, Jun 04, 2025, at 11:00 W. Europe Standard Time. Reported Earnings • Apr 14
Full year 2024 earnings released: EPS: €0.027 (vs €0.03 in FY 2023) Full year 2024 results: EPS: €0.027 (down from €0.03 in FY 2023). Revenue: €21.3m (up 34% from FY 2023). Net income: €86.9k (down 11% from FY 2023). Profit margin: 0.4% (down from 0.6% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. New Risk • Apr 08
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 Market cap is less than US$10m (€5.85m market cap, or US$6.41m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). New Risk • Nov 17
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 6.9% 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. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (€5.98m market cap, or US$6.30m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Price Target Changed • Oct 13
Price target decreased by 17% to €3.89 Down from €4.68, the current price target is provided by 1 analyst. New target price is 91% above last closing price of €2.04. Stock is down 1.0% over the past year. The company is forecast to post earnings per share of €0.03 for next year compared to €0.03 last year. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €1.82, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Capital Markets industry in Germany. Total loss to shareholders of 47% over the past three years. New Risk • Jun 07
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: 0.6% Last year net profit margin: 1.2% 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 Market cap is less than US$10m (€8.36m market cap, or US$9.11m). Minor Risk Profit margins are more than 30% lower than last year (0.6% net profit margin). New Risk • Apr 09
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 Risk Market cap is less than US$10m (€7.33m market cap, or US$7.97m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €2.52, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total loss to shareholders of 20% over the past three years. Reported Earnings • Sep 26
First half 2023 earnings released: EPS: €0.077 (vs €0.061 in 1H 2022) First half 2023 results: EPS: €0.077 (up from €0.061 in 1H 2022). Revenue: €7.62m (up 19% from 1H 2022). Net income: €246.6k (up 27% from 1H 2022). Profit margin: 3.2% (up from 3.0% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Price Target Changed • May 12
Price target increased by 7.8% to €4.43 Up from €4.11, the current price target is provided by 1 analyst. New target price is 91% above last closing price of €2.32. Stock is down 1.7% over the past year. The company is forecast to post earnings per share of €0.08 for next year compared to €0.031 last year. Price Target Changed • Nov 16
Price target decreased to €4.20 Down from €13.86, the current price target is provided by 1 analyst. New target price is 65% above last closing price of €2.54. Stock is down 18% over the past year. The company posted earnings per share of €0.031 last year. Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €2.24, the stock trades at a trailing P/E ratio of 50.7x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total loss to shareholders of 21% over the past three years. Reported Earnings • Sep 07
First half 2022 earnings released: EPS: €0.061 (vs €0.047 in 1H 2021) First half 2022 results: EPS: €0.061 (up from €0.047 in 1H 2021). Revenue: €6.42m (up 27% from 1H 2021). Net income: €194.7k (up 28% from 1H 2021). Profit margin: 3.0% (in line with 1H 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Capital Markets industry in Germany. Reported Earnings • Jun 26
Full year 2021 earnings released: EPS: €0.031 (vs €0.18 in FY 2020) Full year 2021 results: EPS: €0.031 (down from €0.18 in FY 2020). Revenue: €10.7m (up 15% from FY 2020). Net income: €99.6k (down 78% from FY 2020). Profit margin: 0.9% (down from 4.9% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.9% compared to a 8.3% decline forecast for the funds industry in Germany. Reported Earnings • Sep 28
First half 2021 earnings released: EPS €0.047 (vs €0.056 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €5.07m (up 17% from 1H 2020). Net income: €152.3k (down 15% from 1H 2020). Profit margin: 3.0% (down from 4.1% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 159% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 14
New 90-day low: €2.98 The company is down 13% from its price of €3.43 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: €0.56 The company is up 3.0% from its price of €0.54 on 02 September 2020. The German market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Capital Markets industry, which is up 2.0% over the same period.