Brera Holdings PLC

SLMT Technology Software Infrastructure

Brera Holdings PLC’s revenue for fiscal 2025 (year ended December 2025) was $5.1 million, up 62.4% from fiscal 2024. Revenue growth for three consecutive years; insiders bought in the last twelve months.

2.83 0.27 −8.71%
Market cap
$34.1M
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
4/9
Altman Z
−8.01
Beneish M
−9.41
Dividend safety
n/a

Brera Holdings PLC (SLMT) Altman Z-score

Alert me on Altman Z-score

Brera Holdings PLC's Altman Z-score for fiscal 2025 is −8.01, in the distress zone (below 1.81).

Altman Z-score, annual

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Annual newest first

Period Altman Z-score Change (points)
FY2025 −8.01 (5.87)
FY2024 −2.14 0.27
FY2023 −2.41 —

How fiscal 2025’s score is made up

Component This year Year before Result Points
Working capital / total assets 0.25 — 0.30
Retained earnings / total assets (2.35) — −3.29
EBIT / total assets (1.84) — −6.07
Market value of equity / total liabilities 1.71 — 1.03
Sales / total assets 0.03 — 0.03
Altman Z-score Distress zone −8.01
Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) Distress zone −11.72

How the Altman Z-score works

Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.

Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.

Zone Z Z″
Safe zoneabove 2.99above 2.60
Grey zone1.81–2.991.10–2.60
Distress zonebelow 1.81below 1.10

Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.

Altman Z-score against peers

What Altman Z-score is

The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.

1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets

The full definition of Altman Z-score →

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