Skip to main content
Skip to main content
MSPAF logo

Growens S.p.A. (MSPAF) Stock Analysis

$5.92 +$0.00 (+0.00%) |CouncilStrongly Bearish · 7 · F
Growens S.p.A. (MSPAF) bottom line: Strongly Bearish — our Council read (7/100) and AI Score (0/100) broadly agree.
Vol: 4.0K| 52-wk range: $5.34 – $5.92
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Growens S.p.A. (MSPAF) trades at $5.92. Growens S. p. A. Sector: Technology.

Price as of Aug 21, 2026 · Last analyzed: Mar 18, 2026
Growens S.p.A. is a cloud marketing technology company based in Italy, operating across Europe, the Americas, and Asia. The company provides solutions for email marketing, mobile messaging, and marketing automation.

Analyst Coverage for MSPAF: MSPAF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MSPAF against Technology peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.

Watch the MSPAF film Every key number, told as a short cinematic story — just press play. ~2 min
Council Score · Weighted Average of 3 Disciplines
Strongly Bearish 7/100 · F

MSPAF: 3/3 scored disciplines lean bearish.

How is this calculated? →
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Weak
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →

Growens S.p.A. (MSPAF) Technology Profile & Competitive Position

CEOMatteo Monfredini
Employees259
HeadquartersMilan, IT
IPO Year2020

Growens S.p.A. delivers cloud-based marketing technology solutions, specializing in email marketing, mobile messaging, and marketing automation across Europe, the Americas, and Asia. Its platforms like MailUp and BEE cater to diverse marketing needs, positioning it as a player in the competitive digital marketing landscape.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 18, 2026

What Is the Investment Thesis for MSPAF?

As of Mar 18, 2026 — figures reflect the data available on that date.

Growens S.p.A. presents a mixed investment case. While the company operates in the growing cloud marketing technology sector, its negative profit margin of -4.1% and a negative P/E ratio of -10.43 raise concerns about profitability. The high dividend yield of 47.75% could be attractive, but investors should scrutinize its sustainability given the company's financial performance. Growth catalysts include expansion of its BEE platform and further penetration into the Americas and Asian markets. Key risks involve competition from larger players and the ability to achieve profitability. The company's beta of 0.46 suggests lower volatility compared to the market.

Based on FMP financials and quantitative analysis

MSPAF Key Highlights

Operates in the cloud marketing technology sector, which is experiencing significant growth.

  • Offers a diverse suite of marketing solutions, including email marketing, mobile messaging, and marketing automation.
  • Flagship MailUp platform provides data presentation tools and engagement statistics for campaign optimization.
  • BEE platform offers a drag-and-drop editor for emails and landing pages, enhancing user experience.
  • Dividend Yield of 47.75%, although sustainability needs to be assessed given the negative profit margin.

Who Are MSPAF's Competitors?

MSPAF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
AIFF Firefly Neuroscience, Inc. $1.08 +0.00% $16.0M
AVAI Avant Technologies Inc. $0.12 -1.28% $16.2M 42
BBYLF Abra Information Technologies Ltd. $1.02 +4.58% $90.8M 43
DFORF Celebrus Technologies plc $1.00 +0.00% $37.8M 45
IKGPF ikeGPS Group Limited $0.47 +0.00% $88.5M 50
UBER Uber Technologies, Inc. $78.55 +0.65% $160B 73
APP AppLovin Corporation $308.77 -0.65% $104B 95
INTU Intuit Inc. $363.10 +0.17% $100B 79

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are MSPAF's Key Strengths?

Diverse product portfolio across email marketing, mobile messaging, and marketing automation.

  • Established presence in key European markets.
  • Proprietary technology platforms with unique features.
  • Experienced management team.

What Are MSPAF's Weaknesses?

Negative profit margin and P/E ratio.

  • Limited brand recognition compared to larger competitors.
  • Dependence on subscription-based revenue.
  • Exposure to currency fluctuations.

What Could Drive MSPAF Stock Higher?

MSPAF catalyst: Integration of AI and machine learning into the Datatrics platform to enhance personalization and data-driven marketing capabilities.

  • Expansion of the BEE platform's features and integrations to capture a larger share of the drag-and-drop editor market.
  • Geographic expansion in the Americas and Asian markets to capitalize on the growing demand for cloud marketing solutions.
  • Strategic partnerships and acquisitions to expand product offerings and market reach.
  • Focus on providing tailored marketing solutions and pricing plans for SMBs.

What Are the Key Risks for MSPAF?

Negative return on equity (-7.2%) — the business is not currently generating profit on shareholder capital.

  • Intense competition from larger, more established players in the cloud marketing technology sector.
  • Rapid technological changes and evolving customer preferences could render existing platforms obsolete.
  • Economic downturns and reduced marketing budgets could negatively impact revenue.
  • Data privacy regulations and security breaches could damage reputation and result in legal liabilities.
  • Negative profit margin and P/E ratio raise concerns about profitability and financial sustainability.

What Are the Growth Opportunities for MSPAF?

  • Expansion of BEE Platform: Growens can capitalize on the growing demand for user-friendly email and landing page editors by expanding the features and integrations of its BEE platform. The global market for drag-and-drop website builders is projected to reach $3.5 billion by 2027, indicating a significant opportunity for BEE to capture a larger market share. Timeline: Ongoing.
  • Geographic Expansion in the Americas and Asia: Growens has the opportunity to further penetrate the Americas and Asian markets, where demand for cloud marketing solutions is increasing. These regions offer significant growth potential due to the increasing adoption of digital marketing strategies by businesses of all sizes. Timeline: Ongoing.
  • Integration of AI and Machine Learning: Growens can enhance its Datatrics platform by integrating advanced AI and machine learning capabilities to provide more personalized and data-driven marketing experiences. The AI in marketing market is expected to reach $40 billion by 2028, driven by the need for businesses to improve customer engagement and marketing ROI. Timeline: Upcoming.
  • Strategic Partnerships and Acquisitions: Growens can pursue strategic partnerships and acquisitions to expand its product offerings and market reach. Collaborating with complementary technology providers or acquiring companies with specialized expertise can accelerate growth and enhance its competitive position. Timeline: Ongoing.
  • Focus on Small and Medium-Sized Businesses (SMBs): Growens can target SMBs with tailored marketing solutions and pricing plans. SMBs often lack the resources and expertise to implement complex marketing strategies, creating an opportunity for Growens to provide affordable and easy-to-use solutions. The SMB cloud services market is expected to continue growing, driven by the increasing adoption of cloud technologies by SMBs. Timeline: Ongoing.

What Are MSPAF's Competitive Advantages?

  • Established presence in the Italian and Spanish email marketing markets.
  • Diverse product portfolio catering to various marketing needs.
  • Proprietary technology platforms with unique features and functionalities.
  • Strong customer relationships and brand reputation.

What Does MSPAF Do?

Founded in 2002 and headquartered in Milan, Italy, Growens S.p.A., formerly Mailup S.p.A., has evolved into a cloud marketing technology provider with a global presence. The company operates through three primary segments: E-mail Marketing, Mobile Marketing/Messaging, and Marketing Automation. Growens develops and sells technologies for mass email and SMS messaging, offering tools for marketing and transactional purposes. Its flagship product, MailUp, provides data presentation tools and engagement statistics, enabling users to optimize their campaigns. Other key offerings include BEE, a drag-and-drop editor for emails and landing pages; Acumbamail, a Spanish email marketing platform; and Datatrics, an AI-powered platform for building data-driven marketing experiences. Growens serves businesses across Italy, other European countries, the Americas, and Asia, providing solutions for creating, sending, and managing multi-channel marketing campaigns.

What Products and Services Does MSPAF Offer?

  • Develops and sells technologies for mass email and SMS messaging.
  • Provides email and newsletter editing tools.
  • Offers marketing technology solutions and professional consulting services.
  • Operates MailUp, a platform with data presentation tools and engagement statistics.
  • Provides BEE, a drag-and-drop editor for emails and landing pages.
  • Offers Acumbamail, a Spanish email marketing platform.
  • Provides Datatrics, an AI-powered platform for building data-driven marketing experiences.

How Does MSPAF Make Money?

  • Subscription-based revenue from its MailUp, BEE, Acumbamail, and Datatrics platforms.
  • Professional consulting services related to marketing technology solutions.
  • Sale of technologies for mass email and SMS messaging.
  • Recurring revenue through platform usage and maintenance fees.

What Industry Does MSPAF Operate In?

Growens S.p.A. operates in the competitive cloud marketing technology sector. The industry is characterized by rapid innovation, increasing adoption of marketing automation tools, and a growing emphasis on data-driven marketing. Companies like Growens compete with larger, more established players, as well as niche providers offering specialized solutions. Growens' focus on email and mobile marketing positions it within a key segment of this broader market.

Who Are MSPAF's Key Customers?

  • Small and medium-sized businesses (SMBs) seeking affordable marketing solutions.
  • Large enterprises requiring scalable marketing automation platforms.
  • Marketing agencies looking for tools to manage client campaigns.
  • Businesses in Italy, other European countries, the Americas, and Asia.
AI Confidence: 71% Updated: Mar 18, 2026
ROE -7%

Key Financial Metrics

Return on equity for Growens S.p.A. stands at -7.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -4.0%, showing how much profit it generates from its asset base. Its free cash flow yield is -2.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.68 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -7.7%, the inverse of the P/E and a quick read on earnings relative to price.

Company Profile

Growens S.p.A. operates in the Software - Application industry within the Technology sector. It is headquartered in Milan, IT. The company is led by CEO Matteo Monfredini. MSPAF has traded publicly since 2020.

MSPAF Financials

Fundamental Snapshot

Return on Equity (TTM)
-7.2%
Current Ratio
1.7
EV/EBITDA (TTM)
11.2

Based on FMP financials and quantitative analysis

Bull Case vs Bear Case

Bull Case

  • Recent insider buying suggests confidence in the company's growth prospects, indicating that key stakeholders see potential upside.
  • Community sentiment has shifted positively, with discussions around innovative product launches and their potential impact on market share.
  • The company has been actively expanding its service offerings, which could attract a broader customer base and enhance revenue streams.
  • Positive media coverage in the last month highlights the company's strategic partnerships, reinforcing its position in the competitive landscape.

Bear Case

  • Concerns about market saturation in the industry could hinder growth, as competitors ramp up their offerings.
  • Some community members express skepticism regarding the company's ability to maintain profitability amid rising operational costs.
  • Recent reports of delays in product rollouts have raised questions about the company's execution capabilities and future performance.
  • Market perception remains cautious, with analysts debating the sustainability of recent growth trends amid economic uncertainties.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

MSPAF Latest News

No recent news available for MSPAF.

MSPAF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MSPAF.

Price Targets

Wall Street price target analysis for MSPAF.

MSPAF MoonshotScore

0/100

What does this score mean?

The MoonshotScore rates MSPAF 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.

Leadership: Matteo Monfredini

CEO

Matteo Monfredini is the CEO of Growens S.p.A. His background includes extensive experience in the technology and marketing sectors. He has held various leadership positions within the company, contributing to its growth and strategic direction. His expertise lies in driving innovation, expanding market reach, and fostering a customer-centric culture. Monfredini's leadership is focused on leveraging technology to deliver value to customers and stakeholders.

Track Record: Under Matteo Monfredini's leadership, Growens S.p.A. has expanded its product portfolio and geographic presence. He has overseen the development and launch of key platforms, such as BEE and Datatrics, and has driven the company's strategic focus on cloud marketing technology. His tenure has been marked by a commitment to innovation and customer satisfaction.

MSPAF OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Growens S.p.A. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure and may not be subject to the same level of regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. This tier is often associated with higher risk and requires careful due diligence by investors.

  • OTC Tier: OTC Other
Liquidity: Liquidity in OTC Other stocks like MSPAF can be highly variable and often limited. Bid-ask spreads may be wide, and trading volume can be low, making it difficult to buy or sell shares quickly or in large quantities without significantly impacting the price. Investors should be prepared for potential price volatility and execution challenges due to the lower liquidity.
OTC Risk Factors:
  • Limited financial disclosure and regulatory oversight.
  • Potential for price manipulation and fraud.
  • Lower liquidity and wider bid-ask spreads.
  • Higher volatility and risk of significant price swings.
  • Difficulty in obtaining reliable information about the company.
Due Diligence Checklist:
  • Verify the company's financial statements and SEC filings (if any).
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Evaluate the company's liquidity and trading volume.
  • Understand the risks associated with investing in OTC Other stocks.
  • Consult with a financial advisor before investing.
  • Check for any regulatory actions or legal proceedings against the company.
Legitimacy Signals:
  • Company has been in operation for over 20 years.
  • Offers a diverse suite of marketing solutions.
  • Operates in multiple geographic regions.
  • Has a CEO with experience in the technology and marketing sectors.
  • Acquisition of multiple marketing platforms (Acumbamail, Datatrics).

What Investors Ask About Growens S.p.A. (MSPAF) — Technology

What does Growens S.p.A. do?

Growens S.p.A. is a cloud marketing technology company that provides solutions for email marketing, mobile messaging, and marketing automation. The company's platforms, including MailUp, BEE, Acumbamail, and Datatrics, enable businesses to create, send, and manage multi-channel marketing campaigns. Growens serves a diverse customer base across Italy, other European countries, the Americas, and Asia, offering tools for data presentation, engagement statistics, and personalized marketing experiences.

What are the main risks for MSPAF?

The main risks for Growens S.p.A. include intense competition in the cloud marketing technology sector, rapid technological changes, economic downturns, and data privacy regulations. The company's negative profit margin and P/E ratio also pose significant risks. As an OTC stock, MSPAF is subject to additional risks related to liquidity, disclosure, and regulatory oversight. Investors should carefully assess these risks before investing.

What are the key factors to evaluate for MSPAF?

Evaluate MSPAF on fundamentals, analyst consensus, and risk factors. Growens S.p.A. presents a mixed investment case. While the company operates in the growing cloud marketing technology sector, its negative profit margin of -4.1% and a negative P/E ratio of -10.43 raise concerns about profitability. Not financial advice.

How frequently does MSPAF data refresh on this page?

MSPAF's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.

What has driven MSPAF's recent stock price performance?

Growens S.p.A. (MSPAF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diverse product portfolio across email marketing, mobile messaging, and marketing automation. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider MSPAF overvalued or undervalued right now?

Growens S.p.A. (MSPAF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

How do I research MSPAF before investing?

Before investing in Growens S.p.A. (MSPAF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Why might investors consider adding MSPAF to a portfolio?

Key strength of Growens S.p.A. (MSPAF): Diverse product portfolio across email marketing, mobile messaging, and marketing automation. Weigh rewards against risks and diversify. Not financial advice.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Financial data is based on the most recent available information.
  • OTC market data may be limited or delayed.
  • AI analysis is pending and may provide additional insights.
Data Sources

Popular Stocks

More Stocks We Cover