Netgem is a provider of Internet services through television. Co.'s solution enables businesses and communities to build one-to-one Web-based relationships with their customers and members by providing access to online services. Co.'s technology operates on a Linux-based open software platform and a thin-client access device. Co.'s Netgem Solution is available for standard telephone connection at 56kbs, ISDN lines, Ethernet connection (ADSL modems) and broadband cable (DOCSIS standard) Co. offers the Netbox, which transforms every television set into an Internet-enriched television using only a standard telephone connection.
  • TickerNTG
  • ISINFR0004154060
  • ExchangeEuronext Paris
  • SectorTechnology Hardware & Equipment
  • CountryFrance

Analysts

Alain William ...
  • Anis Zgaya
  • Charles Lepetitpas
  • Christophe Chaput
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Khaled Ben Amor
  • Matthias Desmarais
  • Nicolas David
  • Nicolas Thorez
  • Olivier Lebrun
  • Rémi Adam

ODDO BHF Small & MIDCAP MORNING NEWS - 05/14/2019

...

Nicolas Thorez

Netgem : Strong contraction in activity in Q1 – new group CEO – target price adjusted to € 1.2 vs € 1.4

>Q1 gross margin: -32% y-o-y to € 3.6m (vs € 4.7m est.), i.e. 55% of revenues - Netgem this morning reported its revenues and gross margin for Q1, which came in well below our forecasts. Despite a generally favourable base effect (Q1 2018 revenues: -25% y-o-y), and a SaaS transition that has now been underway for several quarters, activity showed a strong contraction at the start of the year. Q1 revenues came to € 6.6m, i.e. a y-o-y decline of 40% while the gross marg...

Alain William ...
  • Anis Zgaya
  • Charles Lepetitpas
  • Christophe Chaput
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Khaled Ben Amor
  • Matthias Desmarais
  • Nicolas David
  • Nicolas Thorez
  • Olivier Lebrun
  • Rémi Adam

ODDO BHF Small & MIDCAP MORNING NEWS - 14/05/2019 Date Performance depuis l’entrée Date Performance depuis l’entrée

...

Nicolas Thorez

Netgem : Forte contraction de l’activité au T1 – Nouveau DG groupe – OC ajusté à 1.2 € vs 1.4 €

>MB T1 : -32% yoy à 3.6 M€ (vs 4.7 M€e) soit 55% CA - Netgem vient de publier ce matin son CA et sa marge brute au titre du T1, qui ressortent nettement en-deçà de nos attentes. Malgré un effet de base plutôt favorable (CA T1 2018 : -25% yoy), et une transition Saas maintenant engagée depuis plusieurs trimestres, l’activité enregistre une forte contraction sur ce début d’année. Le CA T1 ressort à 6.6 M€, soit une baisse yoy de 40% tandis que la marge brute s’établit à...

Anis Zgaya ...
  • Baptiste Lebacq
  • Christophe-Raphaël Ganet
  • Geoffroy Michalet
  • Jeremy Garnier
  • Louis Boujard
  • Nicolas Thorez
  • Philippe Ourpatian

ODDO BHF Small & MIDCAP MORNING NEWS - 03/22/2019

...

Nicolas Thorez

Netgem : Strong contraction in activity in Q1 – new group CEO – target price adjusted to € 1.2 vs € 1.4

>Q1 gross margin: -32% y-o-y to € 3.6m (vs € 4.7m est.), i.e. 55% of revenues - Netgem this morning reported its revenues and gross margin for Q1, which came in well below our forecasts. Despite a generally favourable base effect (Q1 2018 revenues: -25% y-o-y), and a SaaS transition that has now been underway for several quarters, activity showed a strong contraction at the start of the year. Q1 revenues came to € 6.6m, i.e. a y-o-y decline of 40% while the gross marg...

Nicolas Thorez

Netgem : Forte contraction de l’activité au T1 – Nouveau DG groupe – OC ajusté à 1.2 € vs 1.4 €

>MB T1 : -32% yoy à 3.6 M€ (vs 4.7 M€e) soit 55% CA - Netgem vient de publier ce matin son CA et sa marge brute au titre du T1, qui ressortent nettement en-deçà de nos attentes. Malgré un effet de base plutôt favorable (CA T1 2018 : -25% yoy), et une transition Saas maintenant engagée depuis plusieurs trimestres, l’activité enregistre une forte contraction sur ce début d’année. Le CA T1 ressort à 6.6 M€, soit une baisse yoy de 40% tandis que la marge brute s’établit à...

Nicolas Thorez

Netgem : FY results under pressure – significant underlying operating profit erosion in a still difficult context for IPTV

>UOP down 63% to € 2.3m (vs € 2.9m est.), -5pt for the UOM - Netgem this morning published results in line with what we expected. As expected, for a gross margin down 23%, and as anticipated in our preview, underlying operating profit fell 63% to € 2.3m (vs € 2.9m est.), de facto implying a sharp contraction in the underlying operating margin of just over 5 points to 5.6%. Some exceptional items (i.e. integration in earnings of a share post1edilution by the capital inc...

Nicolas Thorez

Netgem : Résultats FY sous pression – Erosion importante de la MOC dans un contexte toujours difficile sur l’IPTV

>ROC en baisse de 63% à 2.3 M€ (vs 2.9 M€e), -5 pt sur la MOC - Netgem publie ce matin des résultats conformes à ce que nous attendions. Sans surprise, pour une marge brute en baisse de 23%, et comme anticipé dans notre preview, le ROC recule de 63% à 2.3 M€ (vs 2.9 M€e), et implique de facto une contraction importante de la MOC d’un peu plus de 5 pt à 5.6%. Quelques éléments exceptionnels (i.e. intégration dans le résultat d’une quote part post-dilution de l’AK pour ...

Nicolas Thorez

Netgem : Strategic partnership with ZTE in boxes in Europe

>Strengthening of box activities with common solutions - Netgem announced this morning that it has signed a strategic partnership agreement with Chinese group ZTE, one of the leading global players in telecommunications solutions. The two players will jointly develop new solutions for European fibre optic operators.In detail, ZTE will contribute its product portfolio, production capacity and a long-term financing facility while Netgem will provide the technology ...

A director sold 123,387 shares at 2.500EUR and

A director at Netgem sold 123,387 shares at 2.500EUR and the significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board m...

Alain William ...
  • Anis Zgaya
  • Charles Lepetitpas
  • Christophe Chaput
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Khaled Ben Amor
  • Matthias Desmarais
  • Nicolas David
  • Nicolas Thorez
  • Olivier Lebrun
  • Rémi Adam

ODDO BHF Small & MIDCAP MORNING NEWS - 05/14/2019

...

Alain William ...
  • Anis Zgaya
  • Charles Lepetitpas
  • Christophe Chaput
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Khaled Ben Amor
  • Matthias Desmarais
  • Nicolas David
  • Nicolas Thorez
  • Olivier Lebrun
  • Rémi Adam

ODDO BHF Small & MIDCAP MORNING NEWS - 14/05/2019 Date Performance depuis l’entrée Date Performance depuis l’entrée

...

Anis Zgaya ...
  • Baptiste Lebacq
  • Christophe-Raphaël Ganet
  • Geoffroy Michalet
  • Jeremy Garnier
  • Louis Boujard
  • Nicolas Thorez
  • Philippe Ourpatian

ODDO BHF Small & MIDCAP MORNING NEWS - 03/22/2019

...

Anis Zgaya ...
  • Baptiste Lebacq
  • Christophe-Raphaël Ganet
  • Geoffroy Michalet
  • Jeremy Garnier
  • Louis Boujard
  • Nicolas Thorez
  • Philippe Ourpatian

ODDO BHF Small & MIDCAP MORNING NEWS - 22/03/2019

...

Charles Lepetitpas ...
  • Christophe Chaput
  • Emmanuel Matot
  • Geoffroy Michalet
  • Jean Sassus
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Martial Descoutures
  • Nicolas Thorez
  • Nicolas David
  • Oussema Denguir
  • Pierre Corby
  • Steven Gould

ODDO BHF Small & MIDCAP MORNING NEWS - 03/13/2019

Offshore and FPSO-type floating production systems will remain key for the future balance of the oil market. Between now and 2035, new offshore projects producing an additional 20 mb/d will have to be launched! We expect an acceleration in momentum in this segment after several years of underinvestment. SBM Offshore, on which we adopt a Buy recommendation (vs Neutral) with a target price of € 22, is the key player in this segment in our view. We remain more cautious on players with a ...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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Les analyses Gaïa sont des analyses ESG (Environnement, Social, Gouvernance) dediees aux entreprises de tailles intermediaires (PME, ETI) françaises. Elles presentent 120 indicateurs quantitatifs sur les trois derniers exercices.

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