News & Analysis

Curated news on European micro-caps. Operator analysis, community submissions, and fund letter mentions.

Raize Returns to Profitability in 2025

Portuguese fintech Raize reported a net profit in 2025 after losses in 2024, with payment volumes rising 28% and new financing volumes up 59%.

31 Mar 2026ECO

EMC ResearchFund LettersCDU.LS

Conduril Returns to Profit With EUR 6.1M Net Income in 2025

Conduril reversed 2024 losses and posted net profits of EUR 6.1 million in 2025, with turnover rising 42% to EUR 176.3 million.

27 Mar 2026ECO

EMC ResearchFLEXD.LSMLRZE.LS

Flexdeal SIMFE Increases Stake in Raize

Flexdeal announced an increase in its participation in Raize on 19 March 2026, as part of a broader strategy to acquire a majority stake in the fintech platform.

19 Mar 2026EMC Editorial

EMC ResearchCDU.LS

Conduril Holds Annual General Assembly for FY2025

Conduril - Engenharia, S.A. held its annual general assembly on 25 February 2026 to approve the FY2025 accounts.

25 Feb 2026EMC Editorial

EMC ResearchMLRZE.LS

Raize Convenes Extraordinary General Assembly for Capital Increase

Raize announced a capital increase on 18 February 2026 and has convened an extraordinary general assembly for 27 March 2026 to approve the operation.

18 Feb 2026EMC Editorial

EMC ResearchFund LettersESON.LS

Estoril Sol Withdraws From Casino da Povoa Concession Tender

Estoril Sol did not submit a proposal for the international public tender for the Povoa de Varzim gaming zone. The government extended casino concessions by three months.

30 Dec 2025Jornal de Negocios / ECO

EMC ResearchMLRZE.LS

C2 Capital Partners Invests Up to EUR 4 Million in Raize

C2 Capital Partners SCR committed to investing up to EUR 4 million in Raize to support the fintech's international expansion.

22 Jun 2025EMC Editorial

EMC ResearchFLEXD.LS

Flexdeal Publishes FY2023/2024 Integrated Report and Announces Dividend

Flexdeal SIMFE published its integrated annual report for FY2023/2024 on 30 April 2025 and paid a dividend on 28 May 2025.

30 Apr 2025EMC Editorial

Fund LetterOperator Analysis

Fondita European Micro Cap: Five Holdings Below EUR 100M in 2024 Portfolio

The Fondita European Micro Cap fund held 30 positions at year-end 2024, including five micro-caps with market capitalizations below EUR 100 million.

15 Mar 2025EMC Editorial