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Eurotech S.p.A.
(LSE:ETH)
Eurotech S.p.A. (ETH) vs. iShares MSCI Italy ETF (EWI)
Eurotech S.p.A. Business Overview & Revenue Model
Eurotech S.p.A. Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 59.57M | 93.76M | 94.46M | 63.35M | 69.38M | Gross Profit |
| 33.62M | 44.42M | 31.42M | 19.36M | 27.97M | EBIT |
| -32.26M | -118.00K | 1.13M | -7.32M | 2.44M | EBITDA |
| -27.06M | 5.14M | 6.78M | -2.98M | 6.32M | Net Income Common Stockholders |
| -36.16M | -3.12M | -1.55M | -10.41M | 132.00K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 6.29M | 11.56M | 18.25M | 31.82M | 41.35M | Total Assets |
| 111.37M | 155.52M | 175.75M | 165.05M | 179.72M | Total Debt |
| 26.60M | 31.50M | 32.04M | 25.67M | 32.77M | Net Debt |
| 20.43M | 20.07M | 13.93M | -6.03M | -8.45M | Total Liabilities |
| 50.70M | 60.20M | 69.23M | 54.62M | 60.85M | Stockholders Equity |
| 60.66M | 95.32M | 106.52M | 110.44M | 118.86M |
| Cash Flow | Free Cash Flow | |||
| -1.18M | -1.24M | -5.50M | -394.00K | -1.39M | Operating Cash Flow |
| 4.28M | 1.91M | -1.61M | 3.28M | 3.39M | Investing Cash Flow |
| -4.96M | -3.11M | -13.40M | -5.27M | -5.09M | Financing Cash Flow |
| -4.18M | -2.19M | 1.60M | -8.06M | 13.46M |
Eurotech S.p.A. Technical Analysis
Eurotech S.p.A. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $11.93B | 10.60 | -7.51% | 3.00% | 7.40% | -8.09% | |
52 Neutral | €28.34M | ― | -49.67% | ― | -31.33% | -393.01% | |
| €244.90M | 118.35 | 0.50% | 2.62% | ― | ― | ||
| €34.41M | 22.63 | 4.54% | ― | ― | ― | ||
75 Outperform | €71.47M | 12.21 | 2.92% | ― | ― | ||
| €74.31M | ― | ― | ― | ― | |||
| €59.59M | 142.49 | ― | ― | ― |
Eurotech S.p.A. Corporate Events
Eurotech S.p.A. has appointed Dr. Massimo Milan as the new CEO, succeeding Dr. Paul Chawla, to lead the company through its next phase of transformation and relaunch after a challenging 2024. Dr. Milan brings extensive experience in leading high-tech industrial companies with international operations, and his expertise in business development and restructuring is expected to drive Eurotech’s sustainable growth and strengthen its market position.
The most recent analyst rating on (IT:ETH) stock is a Hold with a EUR0.80 price target. To see the full list of analyst forecasts on Eurotech S.p.A. stock, see the IT:ETH Stock Forecast page.
Eurotech S.p.A. has made available the minutes of its ordinary meeting held on April 28, 2025. This announcement underscores Eurotech’s commitment to transparency and communication with its stakeholders, reinforcing its position in the IoT and Edge Computing industry by keeping investors and partners informed about its corporate activities.
The most recent analyst rating on (IT:ETH) stock is a Hold with a EUR1.20 price target. To see the full list of analyst forecasts on Eurotech S.p.A. stock, see the IT:ETH Stock Forecast page.
Eurotech S.p.A. reported a 31% decline in revenues for the first quarter of 2025, attributed to a significant slowdown in order intake during the last quarter of 2024. Despite the revenue drop, the company saw a 29% increase in orders and improved its first margin by 90 basis points. Operating costs were reduced by €1.3 million, which helped mitigate the impact on EBITDA. The company faced challenges in the European market, particularly in Germany, due to macroeconomic factors and an industrial sector crisis. However, there was a positive shift in order intake, driven by the recovery in the ADAS business in Germany, the railway sector, and engineering services in Japan.
The most recent analyst rating on (IT:ETH) stock is a Hold with a EUR1.50 price target. To see the full list of analyst forecasts on Eurotech S.p.A. stock, see the IT:ETH Stock Forecast page.
Eurotech S.p.A.’s Ordinary Shareholders’ Meeting approved the financial statements for 2024, revealing a significant decline in revenues and an increased net loss compared to the previous year. The meeting also resulted in several key decisions, including the renewal of authorization for the purchase and disposal of treasury shares, approval of the remuneration policy, and a reduction in the number of board members, which reflects the company’s efforts to streamline operations amid financial challenges.
Eurotech S.p.A. has appointed Dr. Tiziana Olivieri as a new non-executive and independent director, following the resignation of Massimo Russo. This appointment aligns with the company’s proposal to reduce the number of directors and adhere to gender balance regulations. Dr. Olivieri will also serve as president of the related parties committee and a member of the nomination and remuneration committee. Her appointment is set to be confirmed at the upcoming Shareholders’ Meeting.
Eurotech S.p.A. has made its report on remuneration policy and compensation publicly available, adhering to legislative requirements. This announcement reflects the company’s commitment to transparency and regulatory compliance, which may strengthen its trustworthiness and appeal to investors and stakeholders.
Eurotech S.p.A. has announced the availability of its Annual Financial Report for the year ending December 31, 2024, ahead of its Shareholders’ Meeting on April 28, 2025. The report, which includes financial statements, management reports, and audit findings, is accessible to the public through various channels, reflecting the company’s transparency and commitment to stakeholder engagement.
Eurotech S.p.A. has announced the publication of the notice for its upcoming ordinary Shareholders’ Meeting scheduled for April 28, 2025. The notice and illustrative reports on the agenda items are available on the company’s website and other authorized platforms. This announcement is significant as it ensures transparency and keeps stakeholders informed about the company’s governance and strategic decisions.
Eurotech S.p.A. announced the resignation of Massimo Russo from his role as a non-executive and independent director, coinciding with the board’s proposal to reduce the number of directors from nine to seven. This move is part of a broader strategy to comply with gender balance regulations by appointing a new female board member, reflecting Eurotech’s commitment to diversity and governance improvements.
In 2024, Eurotech S.p.A. faced significant challenges, including a decline in revenue from its main customer and a global investment freeze in industrial automation. Despite these setbacks, the company improved its margins and launched four new product families with a focus on cybersecurity, aligning with regulatory requirements. Looking ahead to 2025, Eurotech plans to concentrate on cybersecurity applications in industrial automation, smart grids, and intelligent infrastructures, leveraging partnerships with AWS, NVIDIA, and Inductive Automation to drive growth.
Eurotech S.p.A. reported a significant decline in revenues for 2024, primarily due to the exit of a major customer in the U.S. and economic challenges in Germany. Despite a 36.9% drop in consolidated revenues, the company improved its first margin by 330 basis points and reduced operating costs by €5.1 million. The financial results were impacted by goodwill impairment related to the U.S. subsidiary, leading to a negative EBITDA and a substantial net loss. The company’s strategic management of working capital helped maintain a stable net financial position.