Price target as of July 27, 2022
Price Target Consensus in EUR Positive Neutral Negative

Estimates as of July 27, 2022
KPI (in EUR m)Q2 2022 EFY 2022 EFY 2023 EFY 2024 E
Billings *Number of Estimates11111111
Billings *Highest141.8640.0754.0892.1
Billings *Consensus139.4629.9718.1815.3
Billings *Median139.0632.8729.9849.8
Billings *Lowest136.8604.4645.2696.4
Billings * Last year results 121.6 547.6
Adj. EBITDA *Number of Estimates11121212
Adj. EBITDA *Highest61.0298.8349.4417.3
Adj. EBITDA *Consensus55.7283.1326.9374.4
Adj. EBITDA *Median56.0285.8335.3386.4
Adj. EBITDA *Lowest50.3261.0282.6310.3
Adj. EBITDA * Last year results 57.0 257.0
Adj. EBIT **Number of Estimates101099
Adj. EBIT **Highest54.0276.2321.3378.7
Adj. EBIT **Consensus50.7260.4301.3344.8
Adj. EBIT **Median51.1261.9313.6363.0
Adj. EBIT **Lowest46.7236.0269.7286.3
Adj. EBIT ** Last year results 51.7 235.5
RevenueNumber of Estimates11121212
Revenue Last year results 122.8 501.1

Consensus = average

* Billings and Adjusted EBITDA are primary performance indicators and are defined in the respective current annual report

** Adj. EBIT is calculated as adj. EBITDA less ordinary depreciation and amortization (excluding amortization of intangible assets resulting from PPA)

Last Update: July 27, 2022. Provided by

Vara Research


This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.