Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Tessellis S.p.A. is an Italian telecommunications company headquartered in Cagliari, Sardinia, founded in 1998 as Tiscali S.p.A. and rebranded in January 2023 following its merger with Linkem Retail. It specializes in providing broadband, ultrabroadband, fixed wireless access, fiber-to-the-home, fixed, mobile, and value-added services to households, businesses, and public administrations across Italy. The company operates under the Tiscali and Linkem brands, leveraging an extensive fiber network to position itself as a smart telco and technology enabler in the digital ecosystem. Tessellis integrates its assets, including web portals, digital shopping platforms, and innovative startups, to deliver comprehensive connectivity solutions and foster value-added innovations beyond traditional consumer services. With a history of pioneering internet access in Italy through subscription-free models and expansions into mobile and IPTV, it maintains a focus on equal access to digital life from its iconic Tiscali Campus, a hub for technological development. As a key player in Italy's telecom sector, Tessellis supports the nation's digital infrastructure evolution through fixed and mobile integrations.
€0.09
+€0.00 (+1.94%)
Price from 12 days ago
The business is unprofitable at the operating level (-20.64% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 6.2% YoY. The question is whether this is cyclical or a structural shift.
ROIC dropped from -25.37% to -31.60%, capital efficiency is deteriorating. Net debt of €99M represents 70.9x FCF, leverage limits flexibility.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€217M
▼ -6.2% YoY
Net Income (TTM)
-€58M
▲ +6.9% YoY
Op. Margin
-20.64%
▼ -0.4pp YoY
ROIC
-31.60%
▼ -6.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€1M
▲ +116.5% YoY
Op. Cash Flow (TTM)
€36M
▲ +598.7% YoY
Net Debt
€99M
Cash & Equiv.
€6M
3Y CAGR: +14.6%
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