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Fidia Spa (IT:FDA)
:FDA

Fidia Spa (FDA) AI Stock Analysis

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IT:FDA

Fidia Spa

(FDA)

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Underperform 38 (OpenAI - 4o)
Rating:38Underperform
Price Target:
€0.15
▲(24.17% Upside)
Fidia Spa's overall stock score is heavily impacted by its weak financial performance and negative valuation metrics. The technical analysis also indicates bearish momentum, with the stock trading below key moving averages and showing oversold conditions. The absence of positive earnings call insights or corporate events further limits any potential upside, resulting in a low overall score.
Positive Factors
Innovative Product Portfolio
Fidia Spa's focus on advanced technologies and innovative products like CAD/CAM systems positions it well in the dental and medical sectors, potentially driving long-term growth and market differentiation.
Recurring Revenue Model
The recurring revenue model through service contracts and software licensing provides a stable income stream, enhancing financial predictability and supporting long-term business sustainability.
Research and Development Investment
Continued investment in R&D can lead to product innovation, maintaining competitive advantage and opening new market opportunities, crucial for long-term success in the technology-driven medical sector.
Negative Factors
Declining Revenue
A significant decline in revenue indicates challenges in market demand or competitive positioning, which can impact long-term growth prospects and financial stability.
High Leverage
High leverage limits financial flexibility and increases risk, potentially affecting the company's ability to invest in growth opportunities and weather economic downturns.
Negative Cash Flow
Persistent negative cash flow indicates liquidity issues, which can constrain operations and investments, posing a risk to the company's long-term sustainability.

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

Fidia Spa Business Overview & Revenue Model

Company DescriptionFidia Spa (FDA) is an Italian company specializing in the design, manufacture, and distribution of advanced technologies and solutions for the dental and medical sectors. The company is known for its innovative products, including dental CAD/CAM systems, surgical equipment, and software solutions that enhance the precision and efficiency of dental procedures. Fidia Spa operates in multiple markets, providing comprehensive solutions that cater to the needs of dental professionals and healthcare facilities.
How the Company Makes MoneyFidia Spa generates revenue primarily through the sale of its dental and medical equipment, including CAD/CAM systems, surgical tools, and associated software. The company has established key revenue streams through direct sales to dental clinics and healthcare providers, as well as partnerships with distributors and resellers in various regions. Additionally, Fidia Spa may earn income from ongoing service contracts, maintenance agreements, and software licensing fees, which provide a recurring revenue model. The company also invests in research and development to innovate new products, which can create additional market opportunities and enhance its competitive edge.

Fidia Spa Financial Statement Overview

Summary
Fidia Spa is facing a challenging financial situation characterized by declining revenues, persistent losses, and high leverage. Despite some improvements in equity and debt levels, profitability and cash flow remain under pressure. The company needs to focus on operational efficiencies and revenue growth to improve its financial health and ensure sustainability in the competitive industrial machinery sector.
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-7.66M667.00K7.63M-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 (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
57
Neutral
€155.42M36.283.03%4.19%3.13%-57.84%
54
Neutral
€91.95M-152.006.78%-1.90%91.60%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
38
Underperform
€2.32M-0.03-51.46%-27.40%82.08%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IT:FDA
Fidia Spa
0.12
-4.52
-97.37%
IT:SAB
Sabaf Technology and Safety
13.85
-0.15
-1.09%
IT:TES
Tesmec S.p.A.
0.15
0.08
114.08%
IT:ESAU
Esautomotion SpA
3.12
0.66
26.83%
IT:MARP
Marzocchi Pompe S.p.A.
2.24
-0.60
-21.13%
IT:SIT
SIT S.p.A.
2.60
1.66
176.60%

Fidia Spa Corporate Events

Fidia S.p.A. Converts Bonds into Shares to Boost Market Position
Dec 5, 2025

Fidia S.p.A. has announced the conversion of 10 POC bonds into new shares, resulting in the issuance of 909,090 new shares to Global Growth Holding Limited. This conversion increases the company’s share capital by Euro 100,000, bringing the total number of shares to 22,798,485. The move reflects Fidia’s strategic financial management and is expected to enhance its market position by increasing liquidity and shareholder base.

Fidia S.p.A. Calls Extraordinary Meeting for Financing Operation
Dec 5, 2025

Fidia S.p.A. has announced an Extraordinary Meeting on January 9, 2026, to discuss a financing operation involving the issuance of a convertible bond loan and warrants, aimed at raising up to 5 million euros. This move is intended to enhance the company’s capital structure and potentially impact its market positioning by involving Global Growth Holding Limited, with implications for shareholder voting rights and share capital adjustments.

Fidia S.p.A. Secures 5 Million Euro Investment to Bolster Financial Restructuring
Dec 3, 2025

Fidia S.p.A. has signed an investment agreement with Global Growth Holding Limited for a convertible bond loan cum warrant valued at 5 million Euros, aimed at supporting its financial restructuring and operational needs. This move follows previous agreements and is part of Fidia’s ongoing efforts to address financial challenges and continue its corporate restructuring process, indicating a strategic focus on stabilizing its financial position and enhancing shareholder value.

Fidia S.p.A. Converts Bonds into New Shares, Boosting Share Capital
Dec 3, 2025

Fidia S.p.A. announced the conversion of 10 bonds into 769,230 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 number of shares to 21,889,395. The move reflects Fidia’s ongoing financial strategies to strengthen its market position and potentially enhance shareholder value.

Fidia S.p.A. Advances Capital Restructuring with Bond Conversion
Nov 28, 2025

Fidia S.p.A. announced the conversion of five bonds into 357,142 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 50,000, bringing the total number of shares to 20,405,881. The move reflects Fidia’s ongoing capital restructuring efforts to enhance its market position and operational capacity.

Fidia S.p.A. Converts Bonds, Issues New Shares to Strengthen Market Position
Nov 27, 2025

Fidia S.p.A. has announced the conversion of 5 bonds from its convertible bond loan with Global Growth Holding Limited, resulting in the issuance of 357,142 new shares at a conversion price of Euro 0.14 per share. This conversion increases the company’s share capital by Euro 50,000, bringing the total number of shares to 20,048,739. The move is part of a larger capital increase plan to service the bond loan, with implications for the company’s financial structure and market presence.

Fidia S.p.A. Strengthens Capital Structure with Bond Conversion
Nov 26, 2025

Fidia S.p.A. announced the issuance and subscription of a tranche of convertible bonds with attached warrants by Global Growth Holding Limited, amounting to a nominal value of Euro 750,000. Additionally, 10 bonds were converted into new Fidia shares, resulting in an increase in the company’s share capital and total number of shares. This financial maneuver is part of Fidia’s strategy to enhance its capital structure and market position, potentially impacting its stakeholders by increasing the liquidity and marketability of its shares.

Fidia S.p.A. Shareholders Approve Office Transfer and Statute Amendments
Nov 10, 2025

The Shareholders’ Meeting of Fidia S.p.A. approved the transfer of the company’s registered office from San Mauro Torinese to Turin, along with amendments to several articles of the company’s statute. These changes align with the Board of Directors’ proposals and are part of the company’s ongoing efforts to streamline operations and enhance its strategic positioning in the market.

Fidia S.p.A. Releases September 2025 Financial Update
Oct 31, 2025

Fidia S.p.A. has released its monthly financial update as of September 30, 2025, in compliance with regulatory requirements. The company has been actively involved in convertible bond loans and capital strengthening operations, which are crucial for its financial and industrial plans. The update includes details on financial positions, overdue debts, and changes in related party relations, reflecting the company’s ongoing efforts to maintain transparency and strategic alignment with its business objectives.

Fidia S.p.A. Announces Share Capital Increase Following Bond Conversion
Oct 30, 2025

Fidia S.p.A. has announced a change in its share capital following the conversion of bonds into ordinary shares, resulting in an increase of 3,750,000 shares and a capital boost of 750,000 Euros. This move, which raises the total number of shares to 18,977,312, is expected to enhance Fidia’s market presence and operational capacity as it continues to trade on Euronext Milan.

Fidia S.p.A. Expands Capital with Bond Conversion
Oct 29, 2025

Fidia S.p.A. announced the issuance and conversion of 75 bonds into new shares, increasing its share capital by Euro 750,000 to a total of Euro 8,597,761.90. This strategic move, involving Global Growth Holding Limited, enhances Fidia’s financial structure and market presence, potentially benefiting stakeholders by expanding its capital base and reinforcing its position in the industry.

Fidia S.p.A. Restructures Leadership Team to Enhance Organizational Strength
Oct 21, 2025

Fidia S.p.A. has announced the termination of employment with its CFO, Dr. Luca Carante, as part of a strategic move to strengthen its organizational structure. The company is actively seeking a new candidate for the CFO and Investor Relations Manager roles, with interim responsibilities being handled by the CEO and Chairman.

Fidia S.p.A. Restructures Leadership to Enhance Organizational Strength
Oct 21, 2025

Fidia S.p.A. has terminated its relationship with Dr. Luca Carante, who held the positions of Group Chief Financial Officer and Investor Relations Manager. This decision is part of a strategic move by the company’s top management to strengthen its organizational structure. In the interim, the CEO and Chairman of the Board will assume these roles until a suitable replacement is found. The company has initiated a selection process to appoint a new CFO and Investor Relations Manager, ensuring compliance with statutory and regulatory requirements.

Fidia S.p.A. Announces Share Capital Increase Following Bond Conversion
Oct 8, 2025

Fidia S.p.A. announced a change in its share capital following the conversion of bonds into ordinary shares, resulting in an increase of the share capital by Euro 600,000.00. The total number of shares has risen from 12,452,385 to 15,227,312, all of which are traded on Euronext Milan. This adjustment reflects Fidia’s strategic financial maneuvering to enhance its market position and operational capacity.

Fidia S.p.A. Converts Bonds into New Shares, Boosting Share Capital
Oct 3, 2025

Fidia S.p.A. announced the conversion of five bonds into 277,777 new shares at a price of Euro 0.18 per share, as part of a convertible bond loan with GGHL. This conversion increases the company’s share capital by Euro 50,000, bringing the total to Euro 7,847,761.90, and the total number of shares to 15,227,312. This move reflects Fidia’s ongoing financial strategies and its commitment to maintaining a strong market presence.

Fidia S.p.A. Converts Bonds into New Shares, Boosting Share Capital
Oct 2, 2025

Fidia S.p.A. has announced the conversion of five bonds into 277,777 new shares at a price of Euro 0.18 per share, as part of a convertible bond loan with GGHL. This conversion increases the company’s share capital by Euro 50,000, bringing the total number of shares to 14,949,535, and reflects ongoing strategic financial maneuvers to enhance its market position.

Fidia S.p.A. Faces Business Continuity Uncertainties
Oct 1, 2025

Fidia S.p.A. has announced that its Half-Year Financial Report as of June 30, 2025, includes a paragraph from Deloitte & Touche S.p.A. highlighting significant uncertainties regarding business continuity. This disclosure raises concerns about the company’s ongoing operations and could impact its market position and stakeholder confidence.

Fidia S.p.A. Releases Semi-Annual Financial Report for 2025
Sep 30, 2025

Fidia S.p.A. has announced the filing of its Semi-Annual Financial Report as of June 30, 2025, approved by its Board of Directors. This report, which is now accessible to the public through various platforms, reflects the company’s ongoing commitment to transparency and provides stakeholders with critical financial insights that may influence their investment decisions.

Fidia S.p.A. Strengthens Financial Position with Bond Conversion
Sep 30, 2025

Fidia S.p.A. has announced the conversion of 10 bonds into 555,554 new shares at a conversion price of Euro 0.18 per share, as requested by GGHL. This conversion is part of a larger convertible bond loan with warrants, which has been partially executed, increasing Fidia’s share capital by Euro 100,000 to a total of Euro 7,747,761.90. The new shares will be admitted to trading on the regulated market, and the company’s total number of shares will rise to 14,671,758. This move reflects Fidia’s ongoing efforts to strengthen its financial position and enhance its market presence.

Fidia S.p.A. Reports Improved Financial Performance and Strategic Investment
Sep 29, 2025

Fidia S.p.A. has reported improved financial results for the first half of 2025, with net revenues increasing by 38.2% compared to the previous year. Despite ongoing geopolitical uncertainties, the company is on track to achieve positive results for the first time in years, supported by a restructuring plan initiated in 2023. The company’s financial performance shows significant improvement, with a reduction in net losses and a positive EBT. Additionally, Fidia has entered into a new investment contract with Global Growth Holding Limited, which has led to an increase in the company’s share capital.

Fidia S.p.A. Converts Bonds into New Shares, Boosting Share Capital
Sep 12, 2025

Fidia S.p.A. announced the conversion of five bonds into 217,391 new shares at a price of Euro 0.23 per share, as part of a convertible bond loan with warrants reserved for GGHL. This conversion will increase the company’s share capital by Euro 50,000, bringing the total number of shares to 13,878,109. The move reflects Fidia’s ongoing efforts to strengthen its financial position and enhance its market presence, potentially impacting stakeholders by increasing the liquidity and tradability of its shares.

Fidia S.p.A. Expands Share Capital with Bond Conversion
Sep 11, 2025

Fidia S.p.A. announced the conversion of five bonds into 208,333 new shares at a price of Euro 0.24 per share, as part of a convertible bond loan with warrants reserved for GGHL. This conversion increases the company’s share capital by Euro 50,000, bringing the total to Euro 7,547,761.90, with 13,660,718 shares now in circulation. This move reflects Fidia’s strategic financial maneuvers to enhance its market position and operational capacity.

Fidia S.p.A. Converts Bonds to Shares, Expanding Capital
Sep 10, 2025

Fidia S.p.A. announced the conversion of 15 bonds into 600,000 new shares at a price of Euro 0.25 per share, as part of a convertible bond loan with warrants reserved for GGHL. This conversion, which increases the company’s share capital by Euro 150,000 to a total of Euro 7,497,761.90, reflects ongoing capital management efforts and impacts the company’s share structure, with the total number of shares now at 13,452,385.

Fidia S.p.A. Announces Bond Conversion and Share Capital Increase
Sep 9, 2025

Fidia S.p.A. announced the conversion of five bonds into 200,000 new shares at a price of Euro 0.25 per share, as part of its convertible bond loan with GGHL. This conversion increases the company’s share capital by Euro 50,000, bringing the total number of shares to 12,852,385. The move is part of a larger capital increase strategy, with implications for the company’s market operations and shareholder value.

Fidia S.p.A. Announces Bond Conversion and Share Capital Increase
Sep 8, 2025

Fidia S.p.A. announced the conversion of five bonds into 200,000 new shares at a price of Euro 0.25 per share, as part of a convertible bond loan with warrants. This conversion increases the company’s share capital by Euro 50,000, bringing the total to Euro 7,297,761.90 and the total number of shares to 12,652,385. The move is part of a strategic capital increase plan to support the company’s growth and enhance its market position.

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: Dec 12, 2025