With an adjusted EBITDA of €56.6 million (2020: €57.3 million), the EBDITA margin was 55 percent. Adjusted for currency effects, the increase was slightly higher at 18 percent. Billings, i.e., the value (net) of services or products that TeamViewer charges its customers, grew by approximately 15 percent to €121.6 million compared to the same quarter last year. The reason for the poor share price development last week is the announcement of the preliminary figures for Q2 2021. Given this, there are nevertheless risks associated with an investment. And what could I say? I remain massively convinced of the fundamental business strategy and the capabilities of the management. I regularly repurchased shares of the company to the extent that TeamViewer is now the largest holding in my broadly diversified portfolio in terms of invested capital.

But not only that, I had skin in the game. I have always been very bullish on the company and the stock here on Seeking Alpha. It is trading less than 10 percent above the issue price of just under €26. The share price has fallen further, by 45 percent, from its all-time high of €51. With daily losses of up to 15 percent, the share price took a severe beating when the company disclosed its preliminary results for 2Q 2021. Sefa ozel/iStock via Getty Images Introductionįor TeamViewer ( OTCPK:TMVWY) ( OTCPK:TMVWF) investors, the last week was pretty tough.

Teamviewer stock