Span dd

Span dd maintains a conservative capital structure with a debt-to-equity ratio of 0.12, indicating a low reliance on debt financing. The company's liquidity position is characterized as medium, with a current ratio of 1.26, suggesting it can cover its short-term obligations but with limited excess capacity. Free cash flow of EUR 1,993,920 supports operational flexibility, though net cash is negative after subtracting total debt, signaling potential liquidity constraints.

Profitability metrics show a return on equity (ROE) of 4.4% and a return on assets (ROA) of 2.08%, both below the industry median for IT Services & Consulting. This suggests that Span dd is underperforming in terms of capital efficiency and asset utilization compared to its peers. Operating income of EUR 1,513,160 and a net income of EUR 1,380,490 reflect modest profitability, with a gross margin of 32.2% (calculated from gross profit of EUR 10,928,120 and revenue of EUR 33,975,480).

The company's revenue is concentrated in IT services, with no disclosed geographic diversification in the provided data. This lack of geographic segmentation increases exposure to regional economic fluctuations and regulatory changes. No material revenue concentration is reported, but the absence of segmental or geographic breakdown limits visibility into potential vulnerabilities.

Span dd's growth trajectory is not explicitly outlined in the data, but the company's free cash flow and operating cash flow of EUR 1,993,920 and EUR 3,335,630, respectively, suggest it has the capacity to reinvest in operations or return capital to shareholders. However, capital expenditures are negative at EUR -231,390, indicating a reduction in investment in physical assets.

Risk factors include a medium liquidity risk due to the current ratio of 1.26 and a negative net cash position after debt. Dilution risk is assessed as low, with no near-term pressure expected, and no dilution sources are identified in the data. The company's risk profile is further influenced by its exposure to the IT Services & Consulting industry, which is sensitive to macroeconomic conditions and technological disruption.

Recent events include analyst estimates that are uniformly aligned, with a mean price target of EUR 88.20 and a strong buy recommendation. This consensus suggests a positive outlook from the investment community, though the lack of variance in price targets may indicate limited upside potential.

Revenue surged 26.1% year-over-year to EUR 230.9 million, demonstrating strong top-line growth momentum.

Net income nearly tripled with a 197% year-over-year increase, highlighting significant profitability expansion.

Free cash flow skyrocketed 3,937% year-over-year to EUR 6.9 million, indicating robust cash generation.

The single analyst consensus suggests 59.2% upside to EUR 88.2, signaling strong market optimism.

Cash conversion of 2.42 exceeds the 75th percentile of the IT Services cohort, showing superior efficiency.

Revenue declined at a 6.0% CAGR over four years, indicating a long-term downward trend.

Operating margin of 4.45% trails the IT Services cohort median of 5.13%, suggesting lower operational efficiency.

Medium liquidity risk flags potential challenges in meeting short-term financial obligations or trading constraints.

Medium credit risk indicates potential concerns regarding the company's ability to service its debt obligations.

Revenue €230.9M, +28,1% YoY; Operating income +44,3% YoY.

• ▍Revenue €230.9M, +28,1% YoY
• ▍Operating income +44,3% YoY
• ▍Net income +69,4% YoY
• ▍Free cash flow +27,2% YoY
• ▍Net margin 2.5%