Board Change • May 20
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. 2 experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last independent director to join the board, commencing their role in 2019. 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 • Apr 29
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. 2 experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Apr 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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: Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (€3.8m revenue, or US$4.5m). Market cap is less than US$100m (€17.1m market cap, or US$20.1m). Board Change • Apr 01
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. 2 experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last independent director to join the board, commencing their role in 2019. 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 • Mar 16
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. 2 experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last independent director to join the board, commencing their role in 2019. 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 • Feb 18
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. 2 experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last independent director to join the board, commencing their role in 2019. 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 • Dec 31
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. 2 experienced directors. 4 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last independent director to join the board, commencing their role in 2019. 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 • Oct 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Aug 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jul 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Jun 12
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: 13% Last year net profit margin: 20% 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: Minor Risks Profit margins are more than 30% lower than last year (13% net profit margin). Revenue is less than US$5m (€4.2m revenue, or US$4.9m). Market cap is less than US$100m (€17.5m market cap, or US$20.2m). Reported Earnings • Jun 12
Full year 2024 earnings released: EPS: €0.14 (vs €0.17 in FY 2023) Full year 2024 results: EPS: €0.14 (down from €0.17 in FY 2023). Revenue: €4.25m (up 32% from FY 2023). Net income: €536.5k (down 16% from FY 2023). Profit margin: 13% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 09
Upcoming dividend of €0.18 per share Eligible shareholders must have bought the stock before 16 June 2025. Payment date: 18 June 2025. Trailing yield: 1.8%. Lower than top quartile of Portuguese dividend payers (5.3%). Lower than average of industry peers (2.9%). Board Change • Jun 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • May 30
Flexdeal Simfe S.A. announces Annual dividend, payable on June 18, 2025 Flexdeal Simfe S.A. announced Annual dividend of EUR 0.1757 per share payable on June 18, 2025, ex-date on June 16, 2025 and record date on June 17, 2025. Board Change • May 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Mar 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Feb 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Jan 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 11% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Large one-off items impacting financial results. Revenue is less than US$5m (€3.2m revenue, or US$3.3m). Market cap is less than US$100m (€17.8m market cap, or US$18.4m). Board Change • Dec 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Non Executive Director Maria de Fátima Cordeiro Lopes Carioca was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Aug 27
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 Portuguese stocks, typically moving 6.9% 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 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (€3.2m revenue, or US$3.5m). Market cap is less than US$100m (€13.4m market cap, or US$15.0m). Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to €3.68, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 15x in the Capital Markets industry in Europe. Total loss to shareholders of 22% over the past three years. Duyuru • Nov 18
Flexdeal Simfe S.A. announced that it expects to receive €1.5 million in funding Flexdeal Simfe S.A. announced a private placement of 15 convertible bonds for gross proceeds of EUR 1.5 million on November 16, 2023. The bonds will be remunerated at fixed nominal interest rate of 6% per annum. The bonds are convertible into shares and will mature on October 20, 2028. The subscription period is one business day from the approval of issue of each new series of bonds. The transaction has been approved by the board of directors of the company. New Risk • Oct 01
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (€18.2m market cap, or US$19.3m). New Risk • Jul 01
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended March 2022. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2022 fiscal period end). Shares are highly illiquid. Minor Risks Revenue is less than US$5m (€3.4m revenue, or US$3.8m). Market cap is less than US$100m (€17.4m market cap, or US$19.0m). Board Change • Jun 28
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • May 09
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 24
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 13
Inaugural dividend of €0.12 per share Eligible shareholders must have bought the stock before 20 March 2023. Payment date: 22 March 2023. This is the first dividend for Flexdeal Simfe since going public. The average dividend yield among industry peers is 3.4%. Board Change • Mar 09
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Jan 31
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Duyuru • Nov 30
Flexdeal Simfe S.A. signed an agreement to acquire a 14.10% stake in Raize - Instituição de Pagamentos, S.A. from JOSE MARIA ANTUNES DOS SANTOS REGO and JOSE RIBEIRO DA SILVA for €0.78 million. Flexdeal Simfe S.A. signed an agreement to acquire a 14.10% stake in Raize - Instituição de Pagamentos, S.A. from JOSE MARIA ANTUNES DOS SANTOS REGO and JOSE RIBEIRO DA SILVA for €0.78 million on November 28, 2022. Shares will be purchased at €1.10 per share. Board Change • Nov 16
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Oct 13
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Sep 02
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Aug 16
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. 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 • Jul 02
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up €55.5k from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Board Change • Jul 01
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • May 23
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 28
Inaugural dividend of €0.052 per share Eligible shareholders must have bought the stock before 04 April 2022. Payment date: 06 April 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for Flexdeal Simfe since going public. The average dividend yield among industry peers is 2.9%. Board Change • Mar 23
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Feb 24
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. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Nov 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 08
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Executive Director Adelaide Maria Araujo Marques was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 04
First half 2021 earnings released: €0.015 loss per share (vs €0.083 profit in 1H 2020) First half 2021 results: Net loss: €55.5k (down 121% from profit in 1H 2020). Reported Earnings • Mar 11
Full year 2020 earnings released: EPS €0.028 (vs €0.29 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: €2.53m (up 5.1% from FY 2019). Net income: €91.1k (down 90% from FY 2019). Profit margin: 3.6% (down from 37% in FY 2019).