Duyuru • Apr 21
Serviceware SE, Annual General Meeting, May 28, 2026 Serviceware SE, Annual General Meeting, May 28, 2026, at 14:00 W. Europe Standard Time. Duyuru • Apr 15
Serviceware SE, Annual General Meeting, May 22, 2025 Serviceware SE, Annual General Meeting, May 22, 2025, at 14:00 W. Europe Standard Time. Price Target Changed • Oct 29
Price target increased by 12% to €21.50 Up from €19.25, the current price target is an average from 2 analysts. New target price is 65% above last closing price of €13.00. Stock is up 68% over the past year. The company is forecast to post earnings per share of €0.025 next year compared to a net loss per share of €0.38 last year. Reported Earnings • Oct 28
Third quarter 2024 earnings released Third quarter 2024 results: EPS: €0.004. Revenue: €25.1m (up 14% from 3Q 2023). Net income: €46.4k (up €355.3k from 3Q 2023). Profit margin: 0.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software 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 fallen by 9% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 07
Now 24% undervalued Over the last 90 days, the stock has risen 3.3% to €12.50. The fair value is estimated to be €16.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has declined by 12%. Reported Earnings • Jul 28
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €27.6m (up 17% from 2Q 2023). Net loss: €273.4k (loss narrowed 73% from 2Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year and the company’s share price has also fallen by 8% per year. Buy Or Sell Opportunity • Jul 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to €11.00. The fair value is estimated to be €14.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has declined by 19%. Buy Or Sell Opportunity • Jul 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.7% to €11.80. The fair value is estimated to be €14.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has declined by 19%. Price Target Changed • Apr 22
Price target increased by 8.2% to €19.75 Up from €18.25, the current price target is an average from 2 analysts. New target price is 67% above last closing price of €11.80. Stock is up 71% over the past year. The company is forecast to post a net loss per share of €0.09 next year compared to a net loss per share of €0.38 last year. Buy Or Sell Opportunity • Apr 22
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.6% to €11.80. The fair value is estimated to be €15.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 7.3% in a year. Earnings are forecast to grow by 81% in the next year. New Risk • Apr 21
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: €2.7m Forecast net loss in 1 year: €42k 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: Minor Risks Currently unprofitable and not forecast to become profitable next year (€42k net loss next year). Share price has been volatile over the past 3 months (7.3% average weekly change). Reported Earnings • Mar 24
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: €0.38 loss per share (further deteriorated from €0.37 loss in FY 2022). Revenue: €96.1m (up 16% from FY 2022). Net loss: €3.98m (loss widened 1.5% from FY 2022). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 38%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. New Risk • Mar 23
New major risk - Revenue and earnings growth Earnings have declined by 28% 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 Risk Earnings have declined by 28% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). Duyuru • Feb 26
Serviceware SE to Report Fiscal Year 2023 Results on Mar 22, 2024 Serviceware SE announced that they will report fiscal year 2023 results on Mar 22, 2024 Buy Or Sell Opportunity • Feb 21
Now 21% undervalued Over the last 90 days, the stock has risen 46% to €12.75. The fair value is estimated to be €16.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 7.5% in a year. Earnings are forecast to grow by 84% in the next year. Duyuru • Feb 02
Serviceware SE to Report Q1, 2024 Results on Apr 19, 2024 Serviceware SE announced that they will report Q1, 2024 results on Apr 19, 2024 Buy Or Sell Opportunity • Jan 25
Now 21% undervalued Over the last 90 days, the stock has risen 44% to €12.25. The fair value is estimated to be €15.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 7.5% in a year. Earnings are forecast to grow by 84% in the next year. New Risk • Oct 31
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 6.7% 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 Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (€85.3m market cap, or US$90.5m). Reported Earnings • Oct 29
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €22.1m (up 13% from 3Q 2022). Net loss: €308.9k (loss narrowed 53% from 3Q 2022). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 30
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €25.5m (up 16% from 2Q 2022). Net loss: €1.02m (loss narrowed 31% from 2Q 2022). Revenue is forecast to grow 8.4% 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 fallen by 35% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. New Risk • Jun 16
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. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 30
Full year 2022 earnings released: €0.37 loss per share (vs €0.20 loss in FY 2021) Full year 2022 results: €0.37 loss per share (further deteriorated from €0.20 loss in FY 2021). Revenue: €85.1m (up 4.7% from FY 2021). Net loss: €3.92m (loss widened 87% from FY 2021). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Price Target Changed • Nov 17
Price target decreased to €18.25 Down from €29.00, the current price target is an average from 2 analysts. New target price is 182% above last closing price of €6.48. Stock is down 64% over the past year. The company is forecast to post a net loss per share of €0.41 next year compared to a net loss per share of €0.20 last year. Board Change • Nov 17
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. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Chairman of the Administrative Board Jean Debus was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Price Target Changed • May 07
Price target decreased to €29.00 Down from €33.00, the current price target is an average from 2 analysts. New target price is 149% above last closing price of €11.65. Stock is down 31% over the past year. The company is forecast to post earnings per share of €0.05 next year compared to a net loss per share of €0.20 last year. Board Change • Apr 27
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. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Chairman of the Administrative Board Jean Debus was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Mar 28
Full year 2021 earnings released: €0.20 loss per share (vs €0.15 loss in FY 2020) Full year 2021 results: €0.20 loss per share (down from €0.15 loss in FY 2020). Revenue: €82.8m (up 14% from FY 2020). Net loss: €2.10m (loss widened 32% from FY 2020). Over the next year, revenue is forecast to grow 8.7%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year. Breakeven Date Change • Nov 30
Forecast breakeven date pushed back to 2022 The analyst covering Serviceware previously expected the company to break even in 2021. New forecast suggests the company will make a profit of €2.70m in 2022. Average annual earnings growth of 105% is required to achieve expected profit on schedule. Reported Earnings • Oct 27
Third quarter 2021 earnings released: €0.015 loss per share The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: €20.7m (up 20% from 3Q 2020). Net loss: €160.3k (loss narrowed 54% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat. Price Target Changed • May 25
Price target increased to €26.75 Up from €23.17, the current price target is an average from 3 analysts. New target price is 59% above last closing price of €16.85. Stock is up 44% over the past year. Reported Earnings • Mar 31
Full year 2020 earnings released: €0.15 loss per share (vs €0.10 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: €72.4m (up 8.8% from FY 2019). Net loss: €1.59m (loss widened 46% from FY 2019). Is New 90 Day High Low • Feb 14
New 90-day high: €17.45 The company is up 37% from its price of €12.75 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.60 per share. Price Target Changed • Jan 20
Price target raised to €23.17 Up from €20.90, the current price target is an average from 3 analysts. The new target price is 38% above the current share price of €16.80. As of last close, the stock is up 30% over the past year. Is New 90 Day High Low • Jan 05
New 90-day high: €15.80 The company is up 20% from its price of €13.15 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also 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 €23.87 per share. Price Target Changed • Oct 27
Price target raised to €21.50 Up from €19.57, the current price target is an average from 3 analysts. The new target price is 71% above the current share price of €12.55. As of last close, the stock is down 16% over the past year. Price Target Changed • Sep 29
Price target raised to €19.57 Up from €14.20, the current price target is an average from 3 analysts. The new target price is 43% above the current share price of €13.65. As of last close, the stock is up 3.0% over the past year.