Declared Dividend • May 27
Dividend reduced to €1.20 Dividend of €1.20 is 31% lower than last year. Ex-date: 15th July 2026 Payment date: 17th July 2026 Dividend yield will be 3.0%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 63% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Board Change • May 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 Vivien Levy-Garboua was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • May 07
Linedata Services S.A., Annual General Meeting, Jun 11, 2026 Linedata Services S.A., Annual General Meeting, Jun 11, 2026. Location: 27 rue d orleans, neuilly sur seine France Duyuru • Jan 28
Linedata Services S.A. to Report Fiscal Year 2025 Results on Feb 11, 2026 Linedata Services S.A. announced that they will report fiscal year 2025 results on Feb 11, 2026 Duyuru • May 05
Linedata Services S.A., Annual General Meeting, Jun 11, 2025 Linedata Services S.A., Annual General Meeting, Jun 11, 2025. Location: 27 rue d orleans, neuilly sur seine France Duyuru • Apr 03
Linedata Services S.A. (ENXTPA:LIN) acquired NRoad, Inc. Linedata Services S.A. (ENXTPA:LIN) acquired NRoad, Inc on April 2, 2025. Linedata has completed the acquisition of NROAD, as it seeks to enhance its suite of tools for asset managers, credit institutions, and compliance teams through integrated artificial intelligence (AI). The acquisition is set to expand Linedata’s reach across the US market, leveraging NROAD’s regional presence and existing clients – including global banks, rating agencies, and payment processors.
Linedata Services S.A. (ENXTPA:LIN) completed the acquisition of NRoad, Inc on April 2, 2025. Duyuru • Jan 31
Linedata Services S.A. to Report Fiscal Year 2024 Results on Feb 13, 2025 Linedata Services S.A. announced that they will report fiscal year 2024 results After-Market on Feb 13, 2025 Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €79.60, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Software industry in Germany. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €116 per share. Duyuru • Jul 23
Linedata Services S.A. to Report First Half, 2024 Results on Sep 12, 2024 Linedata Services S.A. announced that they will report first half, 2024 results on Sep 12, 2024 Upcoming Dividend • Jul 01
Upcoming dividend of €1.75 per share Eligible shareholders must have bought the stock before 08 July 2024. Payment date: 10 July 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.1%). Duyuru • May 08
Linedata Services S.A., Annual General Meeting, Jun 11, 2024 Linedata Services S.A., Annual General Meeting, Jun 11, 2024. Location: 27 rue d orleans, neuilly sur seine France Buy Or Sell Opportunity • May 07
Now 21% undervalued Over the last 90 days, the stock has risen 29% to €76.20. The fair value is estimated to be €96.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 8.3% in 2 years. Earnings are forecast to grow by 12% in the next 2 years. Duyuru • Apr 08
Linedata Services S.A. (ENXTPA:LIN) acquired DreamQuark SAS. Linedata Services S.A. (ENXTPA:LIN) acquired DreamQuark SAS on April 8, 2024.Linedata Services S.A. (ENXTPA:LIN) completed the acquisition of DreamQuark SAS on April 8, 2024. Duyuru • Feb 07
Linedata Services S.A. to Report Fiscal Year 2023 Results on Feb 13, 2024 Linedata Services S.A. announced that they will report fiscal year 2023 results After-Market on Feb 13, 2024 Buying Opportunity • Nov 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 9.5%. The fair value is estimated to be €65.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to grow by 13% in the next 2 years. Buying Opportunity • Oct 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be €63.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 7.5% in 2 years. Earnings is forecast to grow by 13% in the next 2 years. Reported Earnings • Sep 20
First half 2023 earnings released: EPS: €1.71 (vs €1.98 in 1H 2022) First half 2023 results: EPS: €1.71 (down from €1.98 in 1H 2022). Revenue: €87.5m (up 5.5% from 1H 2022). Net income: €8.50m (down 31% from 1H 2022). Profit margin: 9.7% (down from 15% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Aug 06
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 Vivien Levy-Garboua was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jul 25
Linedata Services S.A. to Report First Half, 2023 Results on Sep 13, 2023 Linedata Services S.A. announced that they will report first half, 2023 results on Sep 13, 2023 Upcoming Dividend • Jun 28
Upcoming dividend of €1.75 per share at 3.2% yield Eligible shareholders must have bought the stock before 05 July 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 15
Full year 2022 earnings released: EPS: €4.30 (vs €4.42 in FY 2021) Full year 2022 results: EPS: €4.30 (down from €4.42 in FY 2021). Revenue: €172.7m (up 7.8% from FY 2021). Net income: €26.5m (down 6.3% from FY 2021). Profit margin: 15% (down from 18% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year. Duyuru • Feb 07
Linedata Services S.A. to Report Fiscal Year 2022 Results on Feb 13, 2023 Linedata Services S.A. announced that they will report fiscal year 2022 results on Feb 13, 2023 Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 31% share price gain to €43.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Software industry in Germany. Total returns to shareholders of 90% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €25.36 per share. Duyuru • Sep 13
Linedata Services S.A. to Report Q3, 2022 Results on Oct 20, 2022 Linedata Services S.A. announced that they will report Q3, 2022 results at 5:40 PM, Central European Standard Time on Oct 20, 2022 Duyuru • Jul 22
Linedata Services S.A. to Report First Half, 2022 Results on Sep 12, 2022 Linedata Services S.A. announced that they will report first half, 2022 results on Sep 12, 2022 Upcoming Dividend • Jun 29
Upcoming dividend of €1.60 per share Eligible shareholders must have bought the stock before 06 July 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.1%). Board Change • Apr 27
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. Member of the Board Esther Namara was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Feb 18
Now 20% undervalued Over the last 90 days, the stock is up 8.5%. The fair value is estimated to be €52.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% per annum over the last 3 years. Earnings per share has grown by 14% per annum over the last 3 years. Reported Earnings • Feb 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €4.42 (up from €3.09 in FY 2020). Revenue: €160.2m (flat on FY 2020). Net income: €28.3m (up 40% from FY 2020). Profit margin: 18% (up from 13% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.0%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 16
Linedata Services S.A. to Report Fiscal Year 2021 Results on Apr 21, 2022 Linedata Services S.A. announced that they will report fiscal year 2021 results on Apr 21, 2022 Duyuru • Feb 04
Linedata Services S.A. to Report Fiscal Year 2021 Results on Feb 14, 2022 Linedata Services S.A. announced that they will report fiscal year 2021 results After-Market on Feb 14, 2022 Reported Earnings • Sep 15
First half 2021 earnings released The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: €75.9m (down 3.3% from 1H 2020). Net income: €11.0m (up 45% from 1H 2020). Profit margin: 14% (up from 9.7% in 1H 2020). The increase in margin was driven by lower expenses. Upcoming Dividend • Jun 29
Upcoming dividend of €1.35 per share Eligible shareholders must have bought the stock before 06 July 2021. Payment date: 08 July 2021. Trailing yield: 3.4%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.5%). Duyuru • Mar 17
Linedata Launches First Integrated ESG Data Solution for Asset Managers with Market Leader Arabesque S-Ray Linedata announced it is technology vendor to seamlessly integrate Environmental, Social, and Governance (ESG) data into asset managers’ workflows through collaboration with Arabesque S-Ray. A wide range of ESG data assets feeds directly into Linedata’s software to help managers meet growing demands from regulators and investors for greater transparency over ESG funds, and to provide a competitive edge through sustainable positioning and differentiated product offerings. Arabesque S-Ray’s quantitative data tool uses machine learning to crunch the sustainability performance of over 8,000 listed companies, and directly integrates with Linedata’s portfolio and order management solutions for unparalleled ease of use. It is available to Linedata clients in Europe, Asia, and North America. Positioning powerful ESG intelligence at the fingertips of Linedata’s over 450 global asset management clients helps managers support ESG decision-making and adapt to evolving requirements under Europe’s new Sustainable Finance Disclosure Regulation (SFDR) and the United States’ new ESG agenda. Is New 90 Day High Low • Feb 20
New 90-day high: €35.80 The company is up 46% from its price of €24.60 on 20 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 Software industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €50.36 per share. Is New 90 Day High Low • Feb 04
New 90-day high: €31.30 The company is up 21% from its price of €25.90 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €50.47 per share. Is New 90 Day High Low • Jan 19
New 90-day high: €28.80 The company is up 6.0% from its price of €27.20 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.42 per share. Duyuru • Oct 19
Linedata Unveils Asset Management Platform - AMP Linedata unveiled its Asset Management Platform - Linedata AMP. The dynamic suite of tools provides asset managers with an always-on approach to software, data and services by leveraging cloud technology to offer continuous integration and drive adaptability. The rapidly changing nature of the asset management industry has increased the pressures to adapt to digital transformation, overcome regulatory hurdles, streamline business costs and meet the needs of a globalized customer base. Linedata created AMP with a modular design to help the industry solve these challenges and ensure asset managers can constantly and quickly serve their customers. Core features within Linedata AMP to improve the client experience include: Continuous Integration /Continuous Delivery (CI/CD) Platform "CI/CD makes Linedata AMP an ideal solution to boost innovation and expand into new markets. The seamless migration and simplified approach to upgrades makes incorporating new features possible at any time, with limited effort; Cloud-Based System " With AMP, Linedata is able to deploy a nimble, forward-compatible offering delivering a hassle-free user experience (UX) and user interface (UI), enhancing efficiency while increasing scalability "all in the public cloud, in addition to existing hybrid and private cloud options as well. Essential for an industry with work-from-home mandates and the need for enhanced security during remote working; Linedata Analytics Service (AI/ML) " Another key AMP offering is Linedata Analytics Service, which incorporates Artificial Intelligence (AI) and Machine Learning (ML) to deliver actionable insights from client and third-party data that asset managers can leverage to improve day-to-day processes, competitiveness in the marketplace and fundamentally lower cost curves; Linedata Data Management Service - Additionally, AMP includes Linedata Data Management Service, which lowers total cost of ownership for this critical function with comprehensive pricing and reference data sets directly integrated into Linedata software. 
