Added to YB: 2025-05-29
Pitch date: 2025-05-27
SLYG.F [neutral]
Shelly Group SE
+19.62%
current return
Author Info
Company Info
Shelly Group SE, together with its subsidiaries, engages in the internet of things business in Bulgaria, European Union, and internationally.
Market Cap
EUR 2.0B
Pitch Price
EUR 45.98
Price Target
N/A
Dividend
0.24%
EV/EBITDA
30.60
P/E
36.91
EV/Sales
7.81
Sector
Electronic Equipment, Instruments and Components
Category
growth
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.
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