Recent Insider Transactions • May 15
Insider recently sold €131k worth of stock On the 11th of May, Sajan Thomas sold around 295k shares on-market at roughly €0.44 per share. This transaction amounted to 73% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Apr 21
First quarter 2023 earnings released: EPS: €0.006 (vs €0.003 in 1Q 2022) First quarter 2023 results: EPS: €0.006 (up from €0.003 in 1Q 2022). Revenue: €15.5m (up 17% from 1Q 2022). Net income: €1.80m (up 80% from 1Q 2022). Profit margin: 12% (up from 7.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Software industry in the United Kingdom. Reported Earnings • Feb 26
Full year 2022 earnings released: EPS: €0.04 (vs €0.062 in FY 2021) Full year 2022 results: EPS: €0.04 (down from €0.062 in FY 2021). Revenue: €71.7m (up 12% from FY 2021). Net income: €11.6m (down 37% from FY 2021). Profit margin: 16% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Software industry in the United Kingdom. Duyuru • Jan 26
Tecnotree Announces the Launch of Sensa, for Human Intelligent Experience and Non-Linear Scalability Tecnotree announced the launch of Tecnotree Sensa. Tecnotree Sensa is a new AI-enabled technology that cuts across the Tecnotree portfolio to enable the creation of composable blueprints that will humanize platforms for intelligent experiences across Telecommunications, Healthcare, Financial Inclusion and Entertainment. The Sensa Intelligent Experience Platform will transform telecommunication service providers from enablers to orchestrators of network dependant ecosystems for 5G monetisation, keeping human sentiments in mind. With the fast-paced technological advancements in AR & VR applications, 5G connectivity, and AI enabled personalization, digital experiences will soon move from screen-based to sense-based technologies. Tecnotree Sensa is inspired by the fact that humans are sensory creatures and human senses are a large part of who are and how their function. Sensa-lead approach can enable telecom products to become more emotionally connected to customers simplifying digital complexities that influence of the senses. Humanized digital experiences have a better chance of connecting with users and making lasting connections with customers, therefore Sensa will provide intelligent customer experiences, personalized through the transparent and secure use of data. Tecnotree Sensa has digital transformation and adoption capabilities that integrate AI engineering 5G Experiences on the Cloud, with Ecosystem Monetisation on Tecnotree Moments and Platform thinking. Tecnotree Sensa comes pre-built with Industry specific AI/ML blueprints that will serve industry verticals such as healthcare, education, sports, financial services, entertainment, gaming, and reality. Tecnotree Sensa Intelligence creates humanised digital offerings on top of Tecnotree’s digital stack, Moments B2B2X ecosystem monetisation platform and Tecnotree DiWa for digital financial services, that will ‘sell, serve, care, assure, monetise, partner’ and much more. The new technology will leverage world-class AI engineering to create customer trust and transparency, enabling Tecnotree products to develop the most advanced & intuitive skills that empower customers to make personalized choices. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: €0.01 (vs €0.02 in 3Q 2021) Third quarter 2022 results: EPS: €0.01 (down from €0.02 in 3Q 2021). Revenue: €19.9m (up 9.3% from 3Q 2021). Net income: €3.40m (down 37% from 3Q 2021). Profit margin: 17% (down from 30% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Software industry in the United Kingdom. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: €0.01 (vs €0.02 in 2Q 2021) Second quarter 2022 results: EPS: €0.01 (down from €0.02 in 2Q 2021). Revenue: €18.3m (up 9.6% from 2Q 2021). Net income: €4.00m (down 25% from 2Q 2021). Profit margin: 22% (down from 32% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 22%, compared to a 21% growth forecast for the industry in the United Kingdom. Reported Earnings • May 01
First quarter 2022 earnings released First quarter 2022 results: Revenue: €13.4m (up 20% from 1Q 2021). Net income: €1.00m (down 58% from 1Q 2021). Profit margin: 7.5% (down from 21% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 28% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 139% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: €0.063 (vs €0.05 in FY 2020) Full year 2021 results: EPS: €0.063 (up from €0.05 in FY 2020). Revenue: €64.2m (up 22% from FY 2020). Net income: €18.3m (up 35% from FY 2020). Profit margin: 28% (up from 26% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 30% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 157% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €0.06 (up from €0.05 in FY 2020). Revenue: €64.3m (up 22% from FY 2020). Net income: €18.3m (up 35% from FY 2020). Profit margin: 28% (up from 26% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 166% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €1.13, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 33x in the Software industry in the United Kingdom. Total returns to shareholders of 1,842% over the past three years. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 15% share price gain to €1.31, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 39x in the Software industry in the United Kingdom. Total returns to shareholders of 2,090% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 21% share price gain to €1.67, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 34x in the Software industry in the United Kingdom. Total returns to shareholders of 2,554% over the past three years. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS €0.02 (vs €0.02 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €16.7m (up 18% from 2Q 2020). Net income: €5.30m (up 26% from 2Q 2020). Profit margin: 32% (up from 30% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has increased by 178% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 26% share price gain to €1.43, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 37x in the Software industry in the United Kingdom. Total returns to shareholders of 1,908% over the past three years. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improved over the past week After last week's 16% share price gain to €1.05, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 38x in the Software industry in the United Kingdom. Total returns to shareholders of 1,431% over the past three years.