Duyuru • Apr 23
ACTIA Group S.A., Annual General Meeting, May 28, 2026 ACTIA Group S.A., Annual General Meeting, May 28, 2026. Location: 5 rue jorge semprun, toulouse France New Risk • Apr 12
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.5x 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 (0.5x net interest cover). Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€72.1m market cap, or US$84.6m). New Risk • Apr 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 Shares are highly illiquid. Minor Risks High level of debt (97% net debt to equity). Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€74.3m market cap, or US$85.8m). New Risk • Mar 30
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.5x 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 (0.5x net interest cover). Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€64.9m market cap, or US$74.8m). Duyuru • Jan 09
ACTIA Group S.A. to Report Fiscal Year 2025 Results on Mar 27, 2026 ACTIA Group S.A. announced that they will report fiscal year 2025 results at 7:00 AM, Central European Standard Time on Mar 27, 2026 Upcoming Dividend • Sep 04
Upcoming dividend of €0.12 per share Eligible shareholders must have bought the stock before 11 September 2025. Payment date: 15 September 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (1.3%). New Risk • Aug 07
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.7% 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 Shares are highly illiquid. Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risks High level of debt (87% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€66.1m market cap, or US$77.0m). New Risk • May 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 433% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings are forecast to decline by an average of 38% per year for the foreseeable future. Minor Risks High level of debt (87% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€60.6m market cap, or US$67.8m). Duyuru • Apr 19
ACTIA Group S.A., Annual General Meeting, May 27, 2025 ACTIA Group S.A., Annual General Meeting, May 27, 2025. Location: 5 rue jorge semprun, toulouse France New Risk • Apr 02
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 49% 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 Interest payments are not well covered by earnings (2.5x net interest cover). Shares are highly illiquid. Earnings are forecast to decline by an average of 49% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€61.5m market cap, or US$66.3m). New Risk • Mar 31
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.5x 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 (2.5x net interest cover). Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€64.9m market cap, or US$70.2m). Reported Earnings • Mar 30
Full year 2024 earnings released Full year 2024 results: Revenue: €535.1m (down 7.6% from FY 2023). Net income: €18.2m (up 129% from FY 2023). Profit margin: 3.4% (up from 1.4% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €3.21, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total loss to shareholders of 13% over the past three years. Board Change • Jan 22
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (9 non-independent directors). Independent Director Véronique Vedrine was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Jan 11
ACTIA Group S.A. to Report Fiscal Year 2024 Results on Mar 28, 2025 ACTIA Group S.A. announced that they will report fiscal year 2024 results at 7:00 AM, Central European Standard Time on Mar 28, 2025 Board Change • Jan 03
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (9 non-independent directors). Independent Director Véronique Vedrine was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 27
First half 2024 earnings released: EPS: €0.61 (vs €0.093 in 1H 2023) First half 2024 results: EPS: €0.61 (up from €0.093 in 1H 2023). Revenue: €279.5m (down 3.2% from 1H 2023). Net income: €12.2m (up €10.3m from 1H 2023). Profit margin: 4.4% (up from 0.6% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the United Kingdom. Upcoming Dividend • Jun 06
Upcoming dividend of €0.12 per share Eligible shareholders must have bought the stock before 13 June 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (1.5%). Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: €0.39 (vs €0.055 in FY 2022) Full year 2023 results: EPS: €0.39 (up from €0.055 in FY 2022). Revenue: €579.3m (up 16% from FY 2022). Net income: €7.96m (up €6.84m from FY 2022). Profit margin: 1.4% (up from 0.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Apr 07
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 Interest payments are not well covered by earnings (3.0x net interest cover). Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€83.2m market cap, or US$90.1m). Board Change • Feb 08
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 2 independent directors (10 non-independent directors). Independent Director Carole Garcia was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 2 independent directors (10 non-independent directors). Independent Director Carole Garcia was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 21
First half 2023 earnings released: EPS: €0.093 (vs €0.15 in 1H 2022) First half 2023 results: EPS: €0.093 (down from €0.15 in 1H 2022). Revenue: €288.7m (up 16% from 1H 2022). Net income: €1.85m (down 38% from 1H 2022). Profit margin: 0.6% (down from 1.2% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Duyuru • Sep 20
ACTIA Group S.A. to Report First Half, 2023 Results on Sep 19, 2023 ACTIA Group S.A. announced that they will report first half, 2023 results on Sep 19, 2023 New Risk • Jul 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: 0.2% Last year net profit margin: 2.2% 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 Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 216% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (0.2% net profit margin). New Risk • Jun 19
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Shares are highly illiquid. Minor Risk Paying a dividend despite having no free cash flows. Upcoming Dividend • Jun 06
Upcoming dividend of €0.12 per share Eligible shareholders must have bought the stock before 13 June 2023. Payment date: 15 June 2023. The company last paid an ordinary dividend in April 2013. The average dividend yield among industry peers is 1.4%. Board Change • Apr 19
Less than half of directors are independent There are 11 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 11 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (10 non-independent directors). Non-Voting Observer Christian Desmoulins is the most experienced director on the board, commencing their role in 2014. Independent Director Carole Garcia was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Jan 18
Less than half of directors are independent There are 11 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 11 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (10 non-independent directors). Non-Voting Observer Christian Desmoulins is the most experienced director on the board, commencing their role in 2014. Independent Director Carole Garcia was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Duyuru • Dec 14
ACTIA Group S.A. to Report Fiscal Year 2022 Results on Mar 28, 2023 ACTIA Group S.A. announced that they will report fiscal year 2022 results on Mar 28, 2023 Board Change • Nov 22
Less than half of directors are independent There are 11 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 11 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (10 non-independent directors). Non-Voting Observer Christian Desmoulins is the most experienced director on the board, commencing their role in 2014. Independent Director Carole Garcia was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Aug 09
Less than half of directors are independent There are 11 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 11 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (10 non-independent directors). Non-Voting Observer Christian Desmoulins is the most experienced director on the board, commencing their role in 2014. Independent Director Carole Garcia was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.