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Fidia Spa (IT:FDA)
:FDA
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Fidia Spa (FDA) AI Stock Analysis

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IT:FDA

Fidia Spa

(LSE:FDA)

Rating:38Underperform
Price Target:
€0.50
▲(78.57% Upside)
Fidia Spa's overall stock score is undermined by severe financial performance issues, characterized by declining revenues and high leverage. Technical analysis indicates bearish momentum, while the valuation remains unattractive due to negative earnings. Without any positive earnings call or corporate events to counter these factors, the outlook remains challenging.

Fidia Spa (FDA) vs. iShares MSCI Italy ETF (EWI)

Fidia Spa Business Overview & Revenue Model

Company DescriptionFidia Spa (FDA) is a prominent company specializing in providing advanced solutions for the manufacturing and engineering sectors, particularly in the field of numerical control systems, software development, and precision machining technologies. The company focuses on sectors such as aerospace, automotive, and industrial machinery, offering a range of products including CNC machines, cutting tools, and innovative software solutions designed to enhance efficiency and precision in manufacturing processes.
How the Company Makes MoneyFidia Spa generates revenue primarily through the sale of its CNC machines and precision machining tools, which are essential for industries requiring high precision and efficiency in manufacturing. Additionally, the company earns money through software licensing agreements for its proprietary applications that optimize manufacturing processes. Key revenue streams include direct sales to manufacturers, long-term service and maintenance contracts, and partnerships with other technology firms and distributors, which help expand its market reach. The company may also benefit from research and development grants or collaborations that enhance its product offerings and technological advancements.

Fidia Spa Financial Statement Overview

Summary
Fidia Spa is experiencing significant financial challenges with declining revenues and consistent net losses. High leverage and liquidity issues further exacerbate the situation. Despite slight improvements in equity, the financial outlook remains precarious.
Income Statement
30
Negative
Fidia Spa's income statement reveals a challenging financial position, with consistent net losses over the past years. The company's revenue decreased significantly from 2023 to 2024, resulting in a negative revenue growth rate. Negative EBIT and EBITDA margins indicate operational inefficiencies, and the declining gross profit margin highlights pressure on profitability. While the firm had a brief period of positive EBITDA in 2023, the overall trajectory shows a struggle to achieve financial stability.
Balance Sheet
40
Negative
The balance sheet of Fidia Spa reflects high leverage with a debt-to-equity ratio that remains concerning, although it has improved slightly in 2024. Stockholders' equity has been unstable, with a negative value in 2021, although it has turned positive in subsequent years. The equity ratio remains low, indicating heavy reliance on debt. The company's ability to maintain a positive equity position is a positive sign, but the high level of liabilities poses a risk to financial health.
Cash Flow
20
Very Negative
Fidia Spa's cash flow statement indicates significant challenges in generating positive cash flows. Operating cash flow has been negative in recent years, and free cash flow has deteriorated further, highlighting liquidity issues. The free cash flow to net income ratio is unfavorable, and the company has struggled to turn operating activities into cash. Although financing activities have provided some relief, the overall cash flow position remains weak and poses a risk to long-term sustainability.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue17.49M28.61M24.37M23.84M21.24M
Gross Profit12.97M19.13M1.45M15.53M13.68M
EBITDA-7.66M667.00K7.68M-888.00K-3.37M
Net Income-9.30M-1.31M5.97M-3.50M-5.95M
Balance Sheet
Total Assets28.30M32.17M32.13M40.47M38.52M
Cash, Cash Equivalents and Short-Term Investments1.67M3.17M4.87M5.27M4.85M
Total Debt1.01M11.44M8.26M11.68M14.56M
Total Liabilities25.35M28.74M4.55M42.21M37.80M
Stockholders Equity2.94M3.22M5.97M-2.33M-117.00K
Cash Flow
Free Cash Flow-4.45M-5.31M495.00K498.00K3.27M
Operating Cash Flow-4.34M-4.84M793.00K584.00K3.77M
Investing Cash Flow-47.00K-357.00K-231.00K-57.00K-181.00K
Financing Cash Flow2.44M3.43M747.00K-1.09M-1.47M

Fidia Spa Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
€158.23M27.273.89%4.07%16.53%-20.56%
62
Neutral
€2.58B13.82-8.77%2.45%23.33%-34.45%
60
Neutral
€48.74M3.93%-2.77%2.22%
38
Underperform
€2.07M-301.74%-38.87%-89.45%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IT:FDA
Fidia Spa
0.28
-22.52
-98.75%
IT:TES
Tesmec S.p.A.
0.08
>-0.01
-3.66%
IT:SAB
Sabaf Technology and Safety
14.25
-2.45
-14.65%

Fidia Spa Corporate Events

Fidia S.p.A. Converts Bonds to Shares, Boosting Capital
Aug 14, 2025

Fidia S.p.A. announced the conversion of 10 bonds into 400,000 new shares at a price of Euro 0.25 per share, as part of a convertible bond loan with GGHL. This conversion increases the company’s share capital by Euro 100,000, bringing the total to Euro 7,247,761.90, and raises the number of shares to 12,452,385. The move is part of a broader capital increase strategy to support the company’s growth and market positioning.

Fidia S.p.A. Converts Bonds to Strengthen Financial Position
Aug 13, 2025

Fidia S.p.A. has announced the conversion of 10 bonds into 400,000 new shares at a price of Euro 0.25 per share, as part of their convertible bond loan with warrants. This conversion will increase the company’s share capital by Euro 100,000, bringing the total to Euro 7,147,761.90, and the total number of shares to 12,052,385. The move reflects Fidia’s ongoing efforts to strengthen its financial position and enhance its market presence.

Fidia S.p.A. Expands Share Capital Through Bond Conversion
Aug 12, 2025

Fidia S.p.A. has announced the conversion of 10 bonds into 384,615 new shares at a price of Euro 0.26 per share, as part of a convertible bond loan with GGHL. This conversion increases the company’s share capital by Euro 100,000, resulting in a total share capital of Euro 7,047,761.90 and a total of 11,652,385 shares. This move is part of Fidia’s strategic financial operations to enhance its market presence and operational capacity.

Fidia S.p.A. Converts Bonds to Strengthen Market Position
Aug 11, 2025

Fidia S.p.A. announced the conversion of 10 bonds into 384,615 new shares at a price of Euro 0.26 per share, as part of a convertible bond loan with warrants reserved for GGHL. This conversion increases the company’s share capital by Euro 100,000, bringing the total to Euro 6,947,761.90, and raises the number of shares to 11,267,770. This move reflects Fidia’s ongoing financial strategies to bolster its market position and shareholder value.

Fidia S.p.A. Strengthens Financial Position with Convertible Bond Issuance
Aug 8, 2025

Fidia S.p.A. announced the issuance and subscription of the third tranche of convertible bonds with warrants by Global Growth Holding Limited, resulting in a capital increase and the conversion of bonds into new shares. This move strengthens Fidia’s financial position and enhances its market presence, potentially impacting stakeholders positively by increasing the company’s share capital and the total number of shares.

Fidia S.p.A. Announces Share Capital Adjustment Following Bond Conversion
Aug 4, 2025

Fidia S.p.A. announced a change in its share capital following the conversion of bonds into ordinary shares, resulting in a total share capital of Euro 6,797,761.90 divided into 10,690,848 shares. This adjustment reflects the company’s strategic financial maneuvers to enhance its market positioning on Euronext Milan, potentially impacting stakeholders and investors positively.

Fidia S.p.A. Complies with CONSOB’s Monthly Financial Reporting Requirements
Aug 1, 2025

Fidia S.p.A. has announced its compliance with CONSOB’s request to provide monthly financial updates, including details on net financial positions, overdue debts, and changes in related party relations. The company is executing a convertible bond loan with Global Growth Holding Limited, which is part of its strategic financial operations to support its industrial and financial plans.

Fidia S.p.A. Releases June 2025 Financial Update
Jul 31, 2025

Fidia S.p.A. has released its monthly financial update for June 2025, as required by CONSOB regulations. The report highlights the company’s net financial position, overdue debt positions, and changes in relations with related parties. Additionally, Fidia is required to provide quarterly updates on financial instruments issued under non-standard POC operations, which support its financial and recovery plans. This disclosure aims to ensure transparency and provide stakeholders with a comprehensive understanding of the company’s financial health and strategic direction.

Fidia S.p.A. Strengthens Financial Position with Bond Conversion
Jul 29, 2025

Fidia S.p.A. announced the conversion of 5 bonds into new shares by Global Growth Holding Limited, resulting in the issuance of 178,571 new shares at a conversion price of Euro 0.28 per share. This conversion increases the company’s share capital by Euro 50,000, bringing the total to Euro 6,797,761.90, and the total number of shares to 10,690,848. This move reflects Fidia’s ongoing efforts to strengthen its financial position and enhance its market presence.

Fidia S.p.A. Expands Share Capital Through Bond Conversion
Jul 28, 2025

Fidia S.p.A. announced the conversion of 10 bonds into 344,827 new shares by Global Growth Holding Limited, as part of a convertible bond loan with warrants. This conversion, priced at Euro 0.29 per share, increases the company’s share capital by Euro 100,000, bringing the total to Euro 6,747,761.90 and the number of shares to 10,512,277. This move reflects Fidia’s strategic financial management and may enhance its market position by increasing liquidity and shareholder base.

Fidia S.p.A. Expands Share Capital Through Bond Conversion
Jul 25, 2025

Fidia S.p.A. has announced the conversion of 10 bonds into 344,827 new shares at a price of Euro 0.29 per share, as requested by Global Growth Holding Limited. This conversion increases Fidia’s share capital by Euro 100,000, bringing the total number of shares to 10,167,450, and reflects ongoing strategic financial maneuvers to enhance market positioning.

Fidia S.p.A. Announces Bond Conversion and Share Capital Increase
Jul 24, 2025

Fidia S.p.A. announced the conversion of 10 bonds into 344,827 new shares by Global Growth Holding Limited, at a conversion price of Euro 0.29 per share. This conversion is part of a larger convertible bond loan with warrants, resulting in an increase of the company’s share capital by Euro 100,000, bringing the total share capital to Euro 6,547,761.90 and the total number of shares to 9,822,623.

Fidia S.p.A. Strengthens Market Position with Convertible Bond Issuance
Jul 23, 2025

Fidia S.p.A. has issued the second tranche of convertible bonds with attached warrants, subscribed by Global Growth Holding Limited, resulting in a capital increase and issuance of new shares. This strategic financial move enhances Fidia’s market position by increasing its share capital and expanding its shareholder base, reflecting a commitment to growth and innovation in its industry.

Fidia S.p.A. Seeks New Partnerships with EQUITA Advisory Mandate
Jul 17, 2025

Fidia S.p.A. has appointed EQUITA Mid Cap Advisory as its exclusive financial advisor to assist in finding industrial and financial partners interested in investing in the company. This strategic move aims to enhance Fidia’s market position and facilitate potential growth opportunities through new partnerships, with the mandate lasting nine months and extendable if negotiations are ongoing.

Fidia S.p.A. Strengthens Investor Relations with New Appointment
Jul 9, 2025

Fidia S.p.A. has appointed Dr. Luca Carante as the new Investor Relations Manager, effective July 9, 2025. This strategic appointment, alongside his role as Group Chief Financial Officer, aims to strengthen Fidia’s engagement with investors and the market, potentially enhancing the company’s industry positioning and stakeholder relations.

Fidia S.p.A. Converts Bonds into New Shares to Enhance Market Position
Jul 8, 2025

Fidia S.p.A. has announced the conversion of 15 bonds into 500,000 new shares, following a request from Global Growth Holding Limited. This conversion, part of a previously approved convertible bond loan, increases the company’s share capital by Euro 150,000, bringing the total number of shares to 9,132,969. The new shares will be traded on the regulated market, reflecting Fidia’s strategic financial maneuvers to strengthen its market position.

Fidia S.p.A. Expands Share Capital with Bond Conversion
Jul 7, 2025

Fidia S.p.A. has announced the conversion of 15 bonds into 500,000 new shares by Global Growth Holding Limited, as part of a convertible bond loan with warrants. This conversion increases Fidia’s share capital by Euro 150,000, bringing the total to Euro 6,197,761.90, and the total number of shares to 8,632,969, potentially enhancing its market presence and financial flexibility.

Fidia S.p.A. Announces Bond Conversion to Boost Share Capital
Jul 4, 2025

Fidia S.p.A. announced the conversion of 10 bonds into 333,333 new shares by Global Growth Holding Limited, as part of a convertible bond loan with warrants. This conversion increases the company’s share capital by Euro 100,000, bringing the total to Euro 6,047,761.90, and raises the number of shares to 8,132,969. The move reflects Fidia’s ongoing capital management strategy, potentially enhancing its market position and providing additional liquidity for future growth.

Fidia S.p.A. Converts Bonds to Shares, Boosting Share Capital
Jul 3, 2025

Fidia S.p.A. announced the conversion of 10 bonds into 333,333 new shares by Global Growth Holding Limited, with a conversion price of Euro 0.30 per share. This conversion increases the company’s share capital by Euro 100,000, bringing the total share count to 7,799,636. This move is part of a larger convertible bond loan strategy, impacting Fidia’s financial structure and potentially enhancing its market position.

Fidia S.p.A. Strengthens Market Position with Convertible Bond Issuance
Jul 2, 2025

Fidia S.p.A. announced the issuance and subscription of the first tranche of a convertible bond loan with warrants, reserved for Global Growth Holding Limited. This financial move involves 50 bonds with a nominal value of Euro 500,000 and the issuance of 416,666 new warrants, allowing GGHL to subscribe to Fidia shares. This strategic financial transaction is aimed at strengthening Fidia’s market position and providing additional capital for its operations, reflecting the company’s ongoing commitment to growth and innovation in the milling industry.

Fidia S.p.A. Gains CONSOB Approval for Share Trading on Euronext Milan
Jun 19, 2025

Fidia S.p.A. announced that CONSOB has authorized the publication of its information prospectus for the admission of its ordinary shares to trading on Euronext Milan. This development is part of a capital increase to convert a bond loan, aiming to address the company’s financial requirements and support its Updated Industrial Plan. The plan forecasts a reversal from negative to positive EBITDA by 2025 and aims for significant revenue growth by 2027. However, uncertainties remain regarding order acquisitions, market trends, and financial resource procurement, which could impact the plan’s execution.

Fidia S.p.A. Announces Stock Grouping to Streamline Share Structure
Jun 17, 2025

Fidia S.p.A. has announced a stock grouping, consolidating 746,630,322 ordinary shares into 7,466,303 new ordinary shares at a ratio of 1 new share for every 100 existing shares. This move, executed with the support of Global Growth Holding Limited, aims to streamline the company’s share structure, potentially impacting its market positioning and shareholder value.

Fidia S.p.A. Announces Share Consolidation to Optimize Share Structure
Jun 11, 2025

Fidia S.p.A. announced a share consolidation plan, converting 746,630,322 ordinary shares into 7,466,303 new shares at a 1-for-100 ratio, effective June 16, 2025. This move aims to streamline the company’s share structure without altering its nominal share capital, while ensuring smooth operations through Monte Titoli S.p.A. and Banca Finnat Euramerica S.p.A. for managing share fractions.

Fidia S.p.A. Releases April 2025 Financial Update
May 30, 2025

Fidia S.p.A. has released its monthly financial update for April 2025, as mandated by CONSOB regulations. The report highlights the company’s net financial position, overdue debts, and changes in relations with related parties. The update reflects Fidia’s ongoing compliance with international accounting standards and regulatory requirements, providing transparency to stakeholders about its financial health and strategic operations.

Fidia S.p.A. Announces Share Capital Reduction
May 28, 2025

Fidia S.p.A. has announced a significant reduction in its share capital, now totaling Euro 5,847,761.90, following resolutions from an Extraordinary Shareholders’ Meeting. This change, involving a reduction from the previous capital of Euro 17,123,000, reflects strategic financial adjustments and is expected to impact the company’s market positioning on Euronext Milan.

Fidia S.p.A. Approves 2024 Financial Statements Amidst Strategic Restructuring
May 26, 2025

Fidia S.p.A. held its Ordinary Shareholders’ Meeting, approving the 2024 financial statements which reported a significant loss of Euro 9,421 thousand, a substantial increase from the previous year. The company also decided to reduce its share capital to cover accumulated losses. Despite the challenging financial year, Fidia remains optimistic about its future, with a promising order portfolio and a strategic plan aimed at returning to positive EBITDA by 2025, supported by favorable industry forecasts.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 25, 2025