Board Change • 10h
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. No independent directors (9 non-independent directors). Non-Executive Director Francisco Paulo Figueiredo Antunes was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Duyuru • Jan 20
Novabase S.G.P.S., S.A. to Report Fiscal Year 2025 Results on Feb 25, 2026 Novabase S.G.P.S., S.A. announced that they will report fiscal year 2025 results After-Market on Feb 25, 2026 Board Change • Dec 30
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. No independent directors (9 non-independent directors). Non-Executive Director Francisco Paulo Figueiredo Antunes was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Duyuru • May 28
Novabase S.G.P.S., S.A. announces Annual dividend, payable on June 23, 2025 Novabase S.G.P.S., S.A. announced Annual dividend of EUR 1.3500 per share payable on June 23, 2025, ex-date on June 05, 2025 and record date on June 06, 2025. Duyuru • Feb 20
Novabase S.G.P.S., S.A. to Report First Half, 2025 Results on Jul 31, 2025 Novabase S.G.P.S., S.A. announced that they will report first half, 2025 results on Jul 31, 2025 Duyuru • Jan 07
Novabase S.G.P.S., S.A. to Report Fiscal Year 2024 Results on Feb 20, 2025 Novabase S.G.P.S., S.A. announced that they will report fiscal year 2024 results After-Market on Feb 20, 2025 Reported Earnings • Oct 01
First half 2024 earnings released: EPS: €0.084 (vs €0.07 in 1H 2023) First half 2024 results: EPS: €0.084 (up from €0.07 in 1H 2023). Revenue: €65.9m (up 1.2% from 1H 2023). Net income: €2.30m (up 19% from 1H 2023). Profit margin: 3.5% (up from 3.0% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Aug 05
First half 2024 earnings released: EPS: €0.081 (vs €0.16 in 1H 2023) First half 2024 results: EPS: €0.081 (down from €0.16 in 1H 2023). Revenue: €66.7m (down 25% from 1H 2023). Net income: €2.30m (down 47% from 1H 2023). Profit margin: 3.4% (down from 4.9% in 1H 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. New Risk • Aug 02
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: 2.5% Last year net profit margin: 4.0% 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 Dividend is not well covered by earnings and cash flows. Dividend per share is over 15x earnings per share. Cash payout ratio: 367% Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Shareholders have been diluted in the past year (44% increase in shares outstanding). New Risk • Jun 13
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 Dividend is not well covered by earnings and cash flows. Dividend per share is over 15x earnings per share. Cash payout ratio: 271% Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (4.3% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €6.30, the stock trades at a trailing P/E ratio of 53.8x. Average trailing P/E is 21x in the IT industry in Germany. Total returns to shareholders of 108% over the past three years. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €6.16, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 23x in the IT industry in Germany. Total returns to shareholders of 61% over the past three years. Reported Earnings • Feb 16
Full year 2023 earnings released Full year 2023 results: Revenue: €133.0m (down 19% from FY 2022). Net income: €3.03m (down 55% from FY 2022). Profit margin: 2.3% (down from 4.1% in FY 2022). The decrease in margin was driven by lower revenue. Price Target Changed • Oct 13
Price target increased by 11% to €7.00 Up from €6.30, the current price target is provided by 1 analyst. New target price is 49% above last closing price of €4.71. Stock is down 2.0% over the past year. The company is forecast to post earnings per share of €0.36 for next year compared to €0.26 last year. Price Target Changed • Aug 15
Price target decreased by 16% to €6.30 Down from €7.46, the current price target is provided by 1 analyst. New target price is 42% above last closing price of €4.45. Stock is down 18% over the past year. The company is forecast to post earnings per share of €0.35 for next year compared to €0.23 last year. Reported Earnings • Jul 31
First half 2023 earnings released: EPS: €0.16 (vs €0.14 in 1H 2022) First half 2023 results: EPS: €0.16 (up from €0.14 in 1H 2022). Revenue: €89.0m (up 17% from 1H 2022). Net income: €4.32m (up 8.5% from 1H 2022). Profit margin: 4.9% (down from 5.2% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Jul 27
Consensus EPS estimates increase by 28% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €171.0m to €182.0m. EPS estimate increased from €0.273 to €0.35 per share. Net income forecast to grow 39% next year vs 16% growth forecast for IT industry in Germany. Consensus price target down from €6.61 to €6.30. Share price was steady at €4.37 over the past week. Reported Earnings • May 05
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: €0.22 (down from €0.25 in FY 2021). Revenue: €163.4m (up 18% from FY 2021). Net income: €6.78m (down 11% from FY 2021). Profit margin: 4.1% (down from 5.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to stay flat during the next 3 years compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year. Price Target Changed • Mar 31
Price target increased by 44% to €6.30 Up from €4.38, the current price target is provided by 1 analyst. New target price is 34% above last closing price of €4.71. Stock is down 1.9% over the past year. The company is forecast to post earnings per share of €0.26 for next year compared to €0.22 last year. Reported Earnings • Feb 18
Full year 2022 earnings: Revenues exceed analyst expectations Full year 2022 results: Revenue: €163.9m (up 18% from FY 2021). Net income: €6.78m (down 11% from FY 2021). Profit margin: 4.1% (down from 5.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Revenue is forecast to stay flat during the next 3 years compared to a 9.8% growth forecast for the IT industry in Germany. Price Target Changed • Feb 17
Price target decreased by 33% to €4.38 Down from €6.50, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €4.25. Stock is down 13% over the past year. Duyuru • Feb 08
Novabase S.G.P.S., S.A. to Report Fiscal Year 2022 Results on Feb 16, 2023 Novabase S.G.P.S., S.A. announced that they will report fiscal year 2022 results After-Market on Feb 16, 2023 Board Change • Nov 16
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. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado 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. Price Target Changed • Oct 14
Price target increased to €6.50 Up from €6.00, the current price target is provided by 1 analyst. New target price is 56% above last closing price of €4.17. Stock is down 11% over the past year. The company is forecast to post earnings per share of €0.21 for next year compared to €0.25 last year. Reported Earnings • Sep 17
First half 2022 earnings released: EPS: €0.13 (vs €0.10 in 1H 2021) First half 2022 results: EPS: €0.13 (up from €0.10 in 1H 2021). Revenue: €76.1m (up 13% from 1H 2021). Net income: €3.98m (up 23% from 1H 2021). Profit margin: 5.2% (up from 4.8% in 1H 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 01
First half 2022 earnings released: EPS: €0.13 (vs €0.10 in 1H 2021) First half 2022 results: EPS: €0.13 (up from €0.10 in 1H 2021). Revenue: €76.1m (up 13% from 1H 2021). Net income: €3.98m (up 23% from 1H 2021). Profit margin: 5.2% (up from 4.8% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.3%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. 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. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado 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. Reported Earnings • Feb 20
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: €0.25 (up from €0.097 in FY 2020). Revenue: €139.0m (up 11% from FY 2020). Net income: €7.65m (up 157% from FY 2020). Profit margin: 5.5% (up from 2.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 75%. Over the next year, revenue is forecast to grow 7.2%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Price Target Changed • Oct 23
Price target increased to €6.00 Up from €5.50, the current price target is provided by 1 analyst. New target price is 29% above last closing price of €4.66. Stock is up 42% over the past year. The company is forecast to post earnings per share of €0.16 for next year compared to €0.097 last year. Reported Earnings • Oct 01
First half 2021 earnings released: EPS €0.10 (vs €0.052 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €67.6m (up 6.2% from 1H 2020). Net income: €3.23m (up 100% from 1H 2020). Profit margin: 4.8% (up from 2.5% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 03
First half 2021 earnings released: EPS €0.11 (vs €0.052 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €67.7m (up 6.3% from 1H 2020). Net income: €3.23m (up 100% from 1H 2020). Profit margin: 4.8% (up from 2.5% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Price Target Changed • Feb 11
Price target raised to €5.34 Up from €4.82, the current price target is provided by 1 analyst. The new target price is 56% above the current share price of €3.43. As of last close, the stock is up 25% over the past year. Is New 90 Day High Low • Feb 10
New 90-day high: €3.43 The company is up 7.0% from its price of €3.22 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: €3.11 The company is down 2.0% from its price of €3.16 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 25% over the same period. Reported Earnings • Sep 21
First half earnings released Over the last 12 months the company has reported total profits of €6.05m, with earnings increasing by €5.10m from the prior year. Total revenue was €127.9m over the last 12 months, up 32% from the prior year. Is New 90 Day High Low • Sep 19
New 90-day high: €3.43 The company is up 7.0% from its price of €3.21 on 19 June 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 8.0% over the same period.