TARGET CHANGE
CHANGE IN EPS
2022 : € (0.02) vs (0.02) ns
2023 : € (0.03) vs (0.03) ns
We have updated our model with the integration of the FY21 results and net loss of €1.55m. Estimates for FY22/FY23 are unchanged.
CHANGE IN NAV € 0.83 vs 1.01 -17.0%
Following the FY21 results, we have added a €4m capital increase, at a subscription price of €0.30 per share, leading to the creation of 13.3m shares. This represents a c. 30% discount on the 29/04/2022 closing price (day of the annou ....
