AlphaValue Corporate Services
This research has been commissioned and paid for by the company and is deemed to constitute an acceptable minor non-monetary benefit as defined in MiFID II


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The soft bet is paying off
Pension matters

The company had 66 employees at 31 December 2020. This number has been pushed up by the integration of Magellan and EasyOrder employees and the permanent employment of new commercial sales people. The employees are mainly based in Belgium and France, hence the company doesn’t hold any pension-related debt.

As the company starts to develop new technologies and innovate to develop its software division, R&D can be considered more and more significant. As a consequence, the employees in the development segment become as important as the sales and marketing segment.

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Upside 119%
Price (€) 1.02
Market Cap (€M) 24.0
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Changes to Forecasts : 18/05/2022.