Stock price has decreased from EUR 2,70 to EUR 0,58
Book = EUR 7,3m equity (which is decreasing) / 23m shares = EUR 0,3 per share
Loss is equal to sales. Gross profit is increasing.
Market cap: EUR 13m
Conclusion 2023: Same as 2022
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Thursday, March 24, 2022
Ease2Pay NV notes 2022
The company made a loss in 2021. Issued a million new shares from 9m to 10m to pay down debt.
29th of November 2021: "Acquisition of 100% of the shares of Involtum Holding B.V. against 11 million
new shares of Ease2pay to be issued. Combining the Ease2pay and Involtum activities fits in
the growth strategy and is an important step towards electric charging."
Share price increased to EUR 2,70 book value less than 1 EUR.
Market cap: EUR 29m
Conclusion: Too difficult pile. Not a Benjamin Graham Defensive stock
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