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Added to YB: 2025-05-29

Pitch date: 2025-05-27

SLYG.F [neutral]

Shelly Group SE

Author Info

Company Info

Shelly Group SE, together with its subsidiaries, engages in the acquisition, management, evaluation, and sale of interests in Bulgaria and internationally.

Market Cap

EUR 1.1B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

31.61

P/E

40.60

EV/Sales

6.91

Sector

Electronic Equipment, Instruments and Components

Category

growth

Show full summary:
Radar #11 - Shelly Group SE

SLYG.F (earnings update): Q1 revenue €26.5M (+28.9% YoY), EBIT €6.7M (+23%) with 25.2% margin, net profit €5.6M (+23.6%). 2M+ cloud users, 23M devices sold since 2018. Growth in all regions despite challenges. Gen4 released with Wi-Fi, Bluetooth, Zigbee & Matter. Cash flow improved to €4.1M from €0.2M. 2025 guidance: €145-155M revenue, €35-40M EBIT.

Read full article (3 min)