New Risk • Feb 21
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 8.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Shares are highly illiquid. Earnings are forecast to decline by an average of 8.2% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€82.9m market cap, or US$97.7m). Duyuru • Dec 09
Kapsch TrafficCom AG, Annual General Meeting, Sep 09, 2026 Kapsch TrafficCom AG, Annual General Meeting, Sep 09, 2026. New Risk • Nov 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €85.5m (US$99.1m) This is considered a minor 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 Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Shares are highly illiquid. Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€85.5m market cap, or US$99.1m). New Risk • Nov 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Shares are highly illiquid. Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 21
Second quarter 2026 earnings released: €0.59 loss per share (vs €0.039 loss in 2Q 2025) Second quarter 2026 results: €0.59 loss per share (further deteriorated from €0.039 loss in 2Q 2025). Revenue: €136.1m (flat on 2Q 2025). Net loss: €8.19m (loss widened €7.63m from 2Q 2025). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 23
First quarter 2026 earnings released: EPS: €0.72 (vs €0.69 loss in 1Q 2025) First quarter 2026 results: EPS: €0.72 (up from €0.69 loss in 1Q 2025). Revenue: €100.4m (down 28% from 1Q 2025). Net income: €10.3m (up €20.2m from 1Q 2025). Profit margin: 10% (up from net loss in 1Q 2025). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Duyuru • Aug 04
Kapsch TrafficCom AG, Annual General Meeting, Sep 03, 2025 Kapsch TrafficCom AG, Annual General Meeting, Sep 03, 2025. Duyuru • Jun 30
Kapsch TrafficCom AG Provides Earnings Guidance for the Financial year 25/26 Kapsch TrafficCom AG provided earnings guidance for the financial year 25/26. For the year, the company expects unchanged revenues of around EUR 510 million and an operating result (EBIT) in the order of around EUR 45 million, whereby additional positive one-off effects are possible in the course of the financial year. Reported Earnings • Jun 26
Full year 2025 earnings released: €0.48 loss per share (vs €1.72 profit in FY 2024) Full year 2025 results: €0.48 loss per share (down from €1.72 profit in FY 2024). Revenue: €561.8m (up 4.3% from FY 2024). Net loss: €6.86m (down 130% from profit in FY 2024). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. 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 20% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 23
Third quarter 2025 earnings released: EPS: €0.23 (vs €0.64 loss in 3Q 2024) Third quarter 2025 results: EPS: €0.23 (up from €0.64 loss in 3Q 2024). Revenue: €147.1m (up 10% from 3Q 2024). Net income: €3.33m (up €11.7m from 3Q 2024). Profit margin: 2.3% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. New Risk • Jan 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% 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 are forecast to decline by an average of 36% per year for the foreseeable future. Minor Risks High level of debt (111% net debt to equity). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). New Risk • Nov 18
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings are forecast to decline by an average of 42% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Duyuru • Nov 04
Kapsch TrafficCom AG, Annual General Meeting, Sep 04, 2024 Kapsch TrafficCom AG, Annual General Meeting, Sep 04, 2024. Duyuru • Oct 26
Kapsch Trafficcom AG Announces Chief Financial Officer Changes Kapsch TrafficCom AG has decided not to renew the Executive Board contract of Andreas Hämmerle, Chief Financial Officer (CFO) of the company, which runs until 2024. Georg Kapsch (CEO) takes over the area of responsibility for finance from Mr. Hämmerle. Duyuru • Sep 07
Kapsch TrafficCom AG Appoints Monika Brodey to the Supervisory Board Kapsch TrafficCom AG at the Annual General Meeting passed the appointment of Monika Brodey to the Supervisory Board for a term of office ending at the end of the Annual General Meeting deciding on the formal approval of actions for business year 2026/27. Reported Earnings • Aug 21
First quarter 2024 earnings released: €0.45 loss per share (vs €0.10 loss in 1Q 2023) First quarter 2024 results: €0.45 loss per share (further deteriorated from €0.10 loss in 1Q 2023). Revenue: €134.7m (up 3.2% from 1Q 2023). Net loss: €5.90m (loss widened 354% from 1Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 17
Full year 2023 earnings released: €1.91 loss per share (vs €0.72 loss in FY 2022) Full year 2023 results: €1.91 loss per share (further deteriorated from €0.72 loss in FY 2022). Revenue: €575.8m (up 11% from FY 2022). Net loss: €24.8m (loss widened 166% from FY 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • Jun 09
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 British stocks, typically moving 7.3% 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 Risks Debt is not well covered by operating cash flow (9.5% operating cash flow to total debt). Earnings have declined by 46% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Share price has been volatile over the past 3 months (7.3% average weekly change). Duyuru • Jan 18
Kontron AG (XTRA:SANT) completed the acquisition of Arce Mobility Solutions S.A.U. from Kapsch TrafficCom AG (WBAG:KTCG). Kontron AG (XTRA:SANT) agreed to acquire Arce Mobility Solutions from Kapsch TrafficCom AG (WBAG:KTCG) on August 29, 2022. The transaction is subject to regulatory approvals.
Kontron AG (XTRA:SANT) completed the acquisition of Arce Mobility Solutions S.A.U. from Kapsch TrafficCom AG (WBAG:KTCG) on January 17, 2023. Duyuru • Oct 19
Kapsch TrafficCom AG, Annual General Meeting, Sep 06, 2023 Kapsch TrafficCom AG, Annual General Meeting, Sep 06, 2023. Reported Earnings • Feb 26
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: €0.41 loss per share (up from €1.88 loss in 3Q 2021). Revenue: €124.0m (down 2.3% from 3Q 2021). Net loss: €5.49m (loss narrowed 77% from 3Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 17%, compared to a 6.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 20
Third quarter 2021 earnings released: €1.88 loss per share The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: €127.0m (down 32% from 3Q 2020). Net loss: €24.3m (loss widened €22.3m from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 20
Second quarter 2021 earnings released: €3.46 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: €121.1m (down 32% from 2Q 2020). Net loss: €43.7m (down €43.7m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 86% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.