Report
Robin Leclerc (IDMidCaps)

Esker - Always disappointed by the expected level of profitability

A last quarter in line with expectationsA low level of profitability penalized by the remuneration system of salespeopleTowards a correct fiscal year 2024, but one that was hoped to be betterA valuation far too high considering the profitability profile, but investors still hold hope for better days
Underlying
Esker SA

ESKER and its subsidiaries are engaged in the design and production of software applications. Co. operates corporate resource access software such as applications and databases for workstations. Co. has three major product groups: Host Access, DeliveryWare and Fax Server. Host Access products allows users to access applications and databases stored on different servers from their own workstations. DeliveryWare responds to the need of companies for automatic management document delivery. Fax Server allows the user to send a fax directly from their workstation.

Provider
Degroof Petercam
Degroof Petercam

​We are an investment house with Belgian roots founded on more than 150 years of trust.

As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.

Analysts
Robin Leclerc (IDMidCaps)

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