New Risk • Apr 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.12m (US$9.57m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 51% per year over the past 5 years. Market cap is less than US$10m (€8.12m market cap, or US$9.57m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). New Risk • Oct 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (€7.02m market cap, or US$8.20m). New Risk • Oct 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €7.34m (US$8.60m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (€7.34m market cap, or US$8.60m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Duyuru • Sep 23
aconnic AG Announces Resignation of Dr. Stefan Hagemann as A Member and Chairman of the Supervisory Board, Effective October 10, 2025 aconnic AG announced changes to the company's Supervisory Board. Dr. Stefan Hagemann is resigning from his current position as a member and Chairman of the Supervisory Board, effective October 10, 2025. Mr. Oliver Brichard and Mr. Norbert Zeller will continue in their positions as members of the Supervisory Board. The company will submit a request to the court for the appointment of a new member of the Supervisory Board until the next Annual General Meeting. The election to the Supervisory Board will take place at the next Annual General Meeting in Munich. Dr. Stefan Hagemann will remain associated with the company as Managing Director of aconnic carbonzero GmbH. He will continue in his role as Managing Director there. aconnic AG holds 51% of the shares in aconnic carbonzero GmbH. The activities of the Carbon Capturing & Bio-Energy division are bundled in this subsidiary. New Risk • Aug 26
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 7.7% 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: Major Risk Earnings have declined by 49% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (€12.3m market cap, or US$14.4m). Reported Earnings • Jul 02
Full year 2024 earnings released Full year 2024 results: Revenue: €50.2m (down 33% from FY 2023). Net loss: €8.51m (loss widened €7.35m from FY 2023). New Risk • May 19
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 Earnings have declined by 32% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (€14.6m market cap, or US$16.3m). Duyuru • Mar 08
aconnic AG announced that it expects to receive €18.1 million in funding aconnic AG announced a private placement that it will issue 7,000,000 shares at an issue price of €1.3 per share for the gross proceeds of up to €9,100,000 and an unsecured subordinated convertible bond for the gross proceeds of up to €9,000,000 for the aggregate gross proceeds of up to €18,100,000 on March 6, 2025. The convertible bond offered for subscription has a term of 7 years. The bond is unsecured and subordinated and will bear an interest rate of 9.00 percent per year. The convertible bond offers the option to be converted into newly issued shares at a price of 1.30 EUR per share during the term. New Risk • Nov 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 32% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (6.6% increase in shares outstanding). Market cap is less than US$100m (€17.9m market cap, or US$18.6m). Duyuru • Jul 23
UET United Electronic Technology AG, Annual General Meeting, Aug 28, 2024 UET United Electronic Technology AG, Annual General Meeting, Aug 28, 2024, at 10:30 W. Europe Standard Time. New Risk • Jul 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% This is considered a minor 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 Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (6.6% increase in shares outstanding). Market cap is less than US$100m (€18.8m market cap, or US$20.6m). Reported Earnings • Jul 01
Full year 2023 earnings released Full year 2023 results: Revenue: €75.9m (up 53% from FY 2022). Net loss: €1.16m (flat on FY 2022). New Risk • Jul 01
New major risk - Revenue and earnings growth Earnings have declined by 24% 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 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (€13.6m market cap, or US$14.6m). Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.22, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 24x in the Communications industry in Europe. Total returns to shareholders of 51% over the past three years. New Risk • May 19
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 Risks Earnings have declined by 30% per year over the past 5 years. High level of non-cash earnings (84% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (€18.6m market cap, or US$20.2m). Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.16, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 22x in the Communications industry in Europe. Total returns to shareholders of 41% over the past three years. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €1.12, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 22x in the Communications industry in Europe. Total returns to shareholders of 27% over the past three years. Duyuru • Nov 25
UET United Electronic Technology AG, Annual General Meeting, Feb 29, 2024 UET United Electronic Technology AG, Annual General Meeting, Feb 29, 2024. Duyuru • Nov 24
UET United Electronic Technology AG Revises Group Sales Guidance for the Full Year of 2023 UET United Electronic Technology AG revised group sales guidance for the full year of 2023. For the year, the group raises its planned double-digit sales growth from the original 20% to a range of 35% to 40%. Reported Earnings • Nov 06
First half 2023 earnings released: EPS: €0.15 (vs €0.18 loss in 1H 2022) First half 2023 results: EPS: €0.15 (up from €0.18 loss in 1H 2022). Revenue: €35.4m (up 72% from 1H 2022). Net income: €2.29m (up €4.96m from 1H 2022). Profit margin: 6.5% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 06
New major risk - Revenue and earnings growth Earnings have declined by 38% 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 38% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€22.7m market cap, or US$24.6m). Reported Earnings • Jul 06
Full year 2022 earnings released Full year 2022 results: Revenue: €52.2m (up 13% from FY 2021). Net loss: €1.16m (down €1.17m from profit in FY 2021). Duyuru • Jul 01
UET United Electronic Technology AG Provides Earnings Guidance for the Fiscal Year 2023 UET United Electronic Technology AG provided earnings guidance for the fiscal year 2023. for the year, the company expects double-digit revenue growth of around 20% and a positive EBIT with a target margin of around 8%. New Risk • Jun 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 36% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2022 fiscal period end). Market cap is less than US$100m (€23.2m market cap, or US$25.2m). Duyuru • Jun 14
UET United Electronic Technology AG, Annual General Meeting, Aug 23, 2023 UET United Electronic Technology AG, Annual General Meeting, Aug 23, 2023. Reported Earnings • Jul 07
Full year 2021 earnings released Full year 2021 results: Revenue: €46.3m (up 37% from FY 2020). Net income: €18.3k (up €2.97m from FY 2020). Profit margin: 0% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Duyuru • Apr 06
United Electronic Technology Provides Earnings Guidance for the Fiscal Year 2021 United Electronic Technology provided earnings guidance for the fiscal year 2021. For the fiscal year 2021, UET reports preliminary sales of EUR 41.723 million (previous year: EUR 30.178 million). Duyuru • Mar 29
UET United Electronic Technology AG Announces Resignation of Antje Lobisch as CFO UET United Electronic Technology AG announced that Antje Lobisch is leaving the company as Chief Financial Officer (CFO). The change in the management team takes effect immediately. Until a successor is found, CEO Werner Neubauer will assume the role of chief financial officer on an interim basis. Reported Earnings • Jul 04
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €36.0m (down 28% from FY 2019). Net loss: €2.96m (down 189% from profit in FY 2019). Duyuru • Jul 01
UET United Electronic Technology AG Provides Financial Guidance for the First Half to June 2021 UET United Electronic Technology AG provided financial guidance for the first half to June 2021. From January to June 2021, the company expects sales will be around EUR 17.6 million, which corresponds to a growth in the core business of around +10%. Duyuru • Mar 21
UET United Electronic Technology AG Announces Launche of SecTrace as A New Scalable Open System for Contact Tracing to Manage Pandemic Situations UET United Electronic Technology AG, Eschborn, launched its new SecTrace system, targeted to enable digital and secure contact tracing to manage pandemic situations. SecTrace is an extremely - on demand - scalable and open system to collect contact data from visiting guests with an anonymous and encrypted processing method to ensure highest and full data protection for all parties involved. Data can be accessed with secure encryption keys and only for governmentally authorized contact processing. The system is fully GDPR (General Data Protection Regulation) compliant. The SecTrace system is open for already developed and new applications collecting contact information, but it already comes with an own SecTrace-App to be used by hosts (e.g. restaurants, hotels, etc.) for guest registration. The unique concept enables extremely high scalability and does not require an additional smartphone software or App for the guest. The system can issue unique personal SecTrace Passes for identification that can be used with smartphone or in printed versions. The system is designed to work in stand-alone mode or as an add-on to existing governmental systems or Apps. Is New 90 Day High Low • Feb 12
New 90-day high: €0.97 The company is up 22% from its price of €0.80 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Communications industry, which is up 28% over the same period. Duyuru • Dec 24
UET United Electronic Technology AG announced that it has received €3 million in funding UET United Electronic Technology AG (XTRA:CFC) announced a private placement of €3 million in a round of funding on December 23, 2020. The company issued convertible bond with maturity date end of 2023, with the interest coupon rate of 6%. The bonds are converted into 1,000 ordinary bearer shares at a nominal value of €1 each for gross proceeds of €1000. The transaction included participation form institutional investors. The transaction was approved by the board of directors of the company. Is New 90 Day High Low • Nov 12
New 90-day low: €0.79 The company is down 31% from its price of €1.13 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 13% over the same period. Is New 90 Day High Low • Oct 21
New 90-day low: €0.94 The company is down 11% from its price of €1.05 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 8.0% over the same period. Is New 90 Day High Low • Oct 02
New 90-day low: €0.94 The company is down 15% from its price of €1.11 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is flat over the same period. Duyuru • Jul 17
UET United Electronic Technology AG Auditor Raises 'Going Concern' Doubt UET United Electronic Technology AG filed its Annual on Jun 30, 2020 for the period ending Dec 31, 2019. In this report its auditor, Baker Tilly, gave an unqualified opinion expressing doubt that the company can continue as a going concern.