Exclusive Networks S.A. (EXNWF) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
DELISTED
What happened to Exclusive Networks S.A. (EXNWF) stock?
Exclusive Networks S.A. (EXNWF) no longer trades on public markets. The figures below are historical and are not a current quote.
P/E 40.34 means the share price is 40.34 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $2.29B is the value of all shares combined. Beta 0.98: the stock has moved roughly in step with the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Exclusive Networks S.A. (EXNWF). Exclusive Networks S.A. is a global cybersecurity specialist for digital infrastructure, providing expertise and services to solutions providers. The company operates through a cybersecurity ecosystem, helping vendors scale their businesses. Market cap: $2.29B, Sector: Technology.
Last analyzed: Mar 17, 2026Analyst Coverage for EXNWF: EXNWF 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 EXNWF against Technology peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
Dated analysis: the newest financial statements on file are 27 months old (Jun 1, 2024), so the figures and score below describe that period, not today.
EXNWF: 1/2 scored disciplines lean bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Exclusive Networks S.A. (EXNWF) Technology Profile & Competitive Position
Exclusive Networks S.A. is a global cybersecurity specialist, enabling vendors to scale through its ecosystem. The company offers expertise, disruptive technologies, and services to various solution providers, operating in the dynamic software infrastructure sector with a focus on cybersecurity solutions.
What Is the Investment Thesis for EXNWF?
The company's comprehensive suite of cybersecurity solutions and services positions it well to capitalize on the growing need for cybersecurity expertise. With a market capitalization of $2.29B and a P/E ratio of 40.34, Exclusive Networks shows potential for growth, supported by its established ecosystem. Key catalysts include expanding its service offerings and strategic partnerships. However, investors may want to evaluate the risks associated with the competitive landscape and potential economic downturns affecting IT spending. The company's beta of 0.98 indicates moderate volatility relative to the market.
Based on FMP financials and quantitative analysis
EXNWF Key Highlights
Market Cap of $2.29B reflects investor valuation of the company's assets and growth potential.
- P/E Ratio of 40.34 indicates the price investors are willing to pay for each dollar of earnings, suggesting growth expectations.
- Profit Margin of 2.8% demonstrates the company's ability to generate profit from revenue.
- Gross Margin of 13.0% shows the percentage of revenue exceeding the cost of goods sold, indicating pricing strategy and efficiency.
- Beta of 0.98 suggests the stock's volatility is slightly less than the overall market.
Who Are EXNWF's Competitors?
EXNWF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| CIOXY Cielo S.A. | $0.84 | -1.18% | $2.37B | — |
| CSIOF Casio Computer Co.,Ltd. | $13.70 | +16.70% | $3.03B | — |
| DRKTF Darktrace plc | $3.00 | -60.58% | $1.92B | — |
| ESKEF Esker S.A. | $280.35 | 0.00% | $1.67B | — |
| FXCOF Foxconn Technology Co., Ltd. | $1.76 | 0.00% | $2.49B | — |
| RAMP LiveRamp Holdings, Inc. | $37.76 | +0.03% | $2.30B | 925-pillar |
| FIVN Five9, Inc. | $30.66 | +1.36% | $2.35B | 785-pillar |
| STNE StoneCo Ltd. | $10.10 | -1.94% | $2.46B | 935-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EXNWF's Key Strengths?
Global cybersecurity specialist with a strong ecosystem.
- Comprehensive suite of cybersecurity solutions and services.
- Extensive partner network.
- Experienced management team.
What Are EXNWF's Weaknesses?
Relatively low profit margin of 2.8%.
- Dependence on partner network for sales and distribution.
- Exposure to economic downturns affecting IT spending.
- OTC market trading may limit liquidity.
What Could Drive EXNWF Stock Higher?
Expansion of cloud security solutions to capitalize on the growing cloud adoption.
- Strategic partnerships and alliances to broaden market reach and service offerings.
- Geographic expansion into emerging markets to tap into new customer bases.
- Enhancement of managed security services to meet the increasing demand for comprehensive security solutions.
- Potential new product launches in the cybersecurity space to address evolving threats.
What Are the Key Risks for EXNWF?
Intense competition in the cybersecurity market could erode market share and profitability.
- Rapidly evolving threat landscape may require significant investments in research and development.
- Security breaches and incidents could damage the company's reputation and customer trust.
- Regulatory changes and compliance requirements could increase operating costs.
- Trading on the OTC market may result in limited liquidity and price volatility.
What Are the Growth Opportunities for EXNWF?
- Expanding Cloud Security Solutions: The increasing adoption of cloud computing creates a significant growth opportunity for Exclusive Networks. By enhancing its cloud security offerings, including cloud access security broker (CASB) and security access service edge (SASE) solutions, the company can tap into the growing demand for securing cloud-based infrastructure. The global cloud security market is projected to reach $41.3 billion by 2027, presenting a substantial market for Exclusive Networks to capture.
- Strategic Partnerships and Alliances: Forming strategic partnerships with leading technology vendors and service providers can accelerate Exclusive Networks' growth. These partnerships can expand the company's reach, enhance its service offerings, and provide access to new markets. By collaborating with key players in the cybersecurity ecosystem, Exclusive Networks can strengthen its competitive position and drive revenue growth. This ongoing strategy allows for continuous expansion and market penetration.
- Geographic Expansion into Emerging Markets: Expanding into emerging markets presents a significant growth opportunity for Exclusive Networks. These markets often have a high demand for cybersecurity solutions due to increasing digital adoption and evolving threat landscapes. By establishing a presence in these regions, Exclusive Networks can tap into new customer bases and drive revenue growth. This expansion is an ongoing process, with continuous evaluation of new market opportunities.
- Enhancing Managed Security Services: The increasing complexity of cybersecurity threats and the shortage of skilled cybersecurity professionals are driving demand for managed security services. By enhancing its managed security services offerings, Exclusive Networks can provide comprehensive security solutions to organizations that lack the resources or expertise to manage their own security. The managed security services market is projected to grow substantially, offering a significant revenue opportunity for Exclusive Networks. This is an ongoing effort to adapt to market needs.
- Focusing on Specialized Training and Support: Providing specialized training and support services can differentiate Exclusive Networks from its competitors and enhance customer loyalty. By offering comprehensive training programs and expert support, the company can help its customers effectively utilize its cybersecurity solutions and address their specific security challenges. This focus on training and support can drive customer satisfaction and retention, leading to long-term revenue growth. This is an ongoing service enhancement.
What Are EXNWF's Competitive Advantages?
- Specialized Cybersecurity Ecosystem: Exclusive Networks operates a specialized ecosystem that helps cybersecurity vendors scale their businesses, creating a strong competitive advantage.
- Comprehensive Service Offerings: The company offers a comprehensive suite of cybersecurity solutions and services, providing a one-stop-shop for its customers.
- Extensive Partner Network: Exclusive Networks has an extensive network of partners, including solutions providers, value-added resellers, and system integrators, enhancing its market reach.
- Global Presence: The company operates globally, allowing it to serve customers in various regions and diversify its revenue streams.
What Does EXNWF Do?
Founded in 1995 and headquartered in Boulogne-Billancourt, France, Exclusive Networks SA operates as a global cybersecurity specialist for digital infrastructure. The company plays a crucial role in the cybersecurity ecosystem by helping cybersecurity vendors scale their businesses. It provides cybersecurity expertise, disruptive technologies, and a range of services to solutions providers, value-added resellers, system integrators, global system integrators, telecommunications companies, managed service providers, managed security services providers, and cloud services providers. Exclusive Networks offers a comprehensive suite of solutions, including firewall, content and data security, endpoint security, email security, security and vulnerability management, identity and access management, cloud security, cloud access security broker, and security access service edge solutions. Additionally, it provides network access control, intrusion detection and prevention, virtual private network, distributed denial of services, domain networks system, network detection and response, and software defined networking services. The company also delivers training, support, and installation services, enhancing its value proposition to its partners and customers.
What Products and Services Does EXNWF Offer?
- Provides cybersecurity expertise to various organizations.
- Offers disruptive technologies in the cybersecurity space.
- Delivers services to solutions providers and value-added resellers.
- Supports system integrators and global system integrators.
- Works with telecommunications companies.
- Partners with managed service providers (MSPs).
- Collaborates with managed security services providers (MSSPs).
- Serves cloud services providers.
How Does EXNWF Make Money?
- Provides cybersecurity solutions and services through a network of partners.
- Generates revenue by helping cybersecurity vendors scale their businesses.
- Offers training, support, and installation services.
- Delivers a range of cybersecurity solutions, including firewall, endpoint security, and cloud security.
What Industry Does EXNWF Operate In?
Exclusive Networks S.A. operates in the rapidly expanding cybersecurity sector, driven by increasing digital threats and the need for robust protection of digital infrastructure. The competitive landscape includes companies offering similar cybersecurity solutions and services. Exclusive Networks differentiates itself through its specialized ecosystem and comprehensive service offerings, catering to a wide range of clients from solutions providers to telecommunications companies.
Who Are EXNWF's Key Customers?
- Solutions providers
- Value-added resellers
- System integrators
- Telecommunications companies
- Managed service providers (MSPs)
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price 5 days old
- ● Latest filing 803 days ago
- ● No analyst coverage
- ● Reported in EUR, converted to USD
MoonshotScore History
Recorded daily since 2026-08-23 · 4 snapshots
| 2026-08-23 | 41 |
| 2026-08-24 | 41 |
| 2026-08-25 | 41 |
| 2026-08-26 | 41 |
What changed?
The score has stayed at 41.
Over the same 3 days the stock moved +0.0%.
Company Profile
Exclusive Networks S.A. operates in the Software - Infrastructure industry within the Technology sector. It is headquartered in Boulogne-Billancourt, FR. The company is led by CEO Jesper Trolle. EXNWF has traded publicly since 2022.
Financial Health
Exclusive Networks S.A.'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.00 places it in the grey zone, a middle ground that warrants monitoring.
Key Financial Metrics
Return on equity for Exclusive Networks S.A. stands at 4.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.3%, showing how much profit it generates from its asset base. EXNWF trades at a trailing price-to-earnings ratio of 40.34, above the Technology sector average of ~32.70x. Its free cash flow yield is 12.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.17 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 2.5%, the inverse of the P/E and a quick read on earnings relative to price.
EXNWF Valuation & Market Position
With a $2.29B market cap, Exclusive Networks S.A. sits in the mid-cap segment of the market.
Forward Outlook
Wall Street analysts project Exclusive Networks S.A. revenue of about $2.01B for fiscal 2026, with EPS near $1.46.
EXNWF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Global cybersecurity specialist with a strong ecosystem.
- Comprehensive suite of cybersecurity solutions and services.
- Extensive partner network.
- Experienced management team.
Bear Case
- Relatively low profit margin of 2.8%.
- Dependence on partner network for sales and distribution.
- Exposure to economic downturns affecting IT spending.
- OTC market trading may limit liquidity.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 FY2024 | $839M | $16M | $0.17 |
Q2 FY2024 · filed 30 Jun 2024 · Financial Modeling Prep
Based on FMP financials and quantitative analysis · Converted to USD from EUR at today's rate
EXNWF Latest News
No recent news available for EXNWF.
Leadership: Jesper Trolle
CEO
Jesper Trolle serves as the CEO of Exclusive Networks S.A., bringing extensive experience in the technology and cybersecurity sectors. His career spans various leadership roles, focusing on driving growth and innovation within IT distribution and cybersecurity solutions. Trolle's background includes a strong emphasis on channel development and strategic partnerships, crucial for Exclusive Networks' business model. His expertise lies in scaling businesses and navigating the complexities of the global technology market.
Track Record: Under Jesper Trolle's leadership, Exclusive Networks has focused on expanding its global footprint and enhancing its cybersecurity service offerings. Key achievements include strengthening relationships with key vendors and partners, driving revenue growth through strategic initiatives, and navigating the challenges of the evolving cybersecurity landscape. His tenure has seen the company reinforce its position as a leading cybersecurity specialist.
EXNWF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Exclusive Networks S.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 investors should exercise caution due to the increased risk of fraud or manipulation. Unlike companies listed on major exchanges like the NYSE or NASDAQ, OTC Other companies face fewer regulatory requirements, leading to less transparency and potentially higher volatility.
- OTC Tier: OTC Other
- Limited Liquidity: Trading on the OTC market may result in limited liquidity, making it difficult to buy or sell shares quickly.
- Information Scarcity: Disclosure requirements for OTC-listed companies are less stringent, potentially leading to limited financial information.
- Price Volatility: OTC stocks can be more volatile due to lower trading volumes and less regulatory oversight.
- Regulatory Risks: OTC-listed companies may face increased regulatory scrutiny or delisting risks if they fail to meet certain requirements.
- Counterparty Risk: Increased risk of dealing with less reputable or financially stable counterparties.
- 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 revenue and earnings growth potential.
- Check for any legal or regulatory issues.
- Monitor trading volume and price volatility.
- Consult with a financial advisor before investing.
- Established Business Operations: Exclusive Networks S.A. has been operating since 1995, indicating a long-standing presence in the cybersecurity market.
- Global Presence: The company operates globally, serving customers in various regions.
- Partnerships with Reputable Vendors: Exclusive Networks partners with leading technology vendors and service providers.
- Focus on Cybersecurity: The company specializes in cybersecurity, a critical and growing industry.
Common Questions About EXNWF (Technology)
What happened to Exclusive Networks S.A. (EXNWF) stock?
Exclusive Networks S.A. (EXNWF) no longer trades on public markets. The figures below are historical and are not a current quote.
Can I still buy EXNWF shares?
No. EXNWF stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for EXNWF elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before EXNWF stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Exclusive Networks S.A.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Exclusive Networks S.A. do?
Exclusive Networks S.A. operates as a global cybersecurity specialist, providing expertise, disruptive technologies, and services to a wide range of solutions providers.
What do analysts say about EXNWF stock?
Key valuation metrics include a market capitalization of $2.29B and a P/E ratio of 40.34. Growth considerations involve the company's ability to expand its cloud security solutions, form strategic partnerships, and penetrate emerging markets. Investors should monitor the company's financial performance and industry trends to assess its growth potential.
What are the main risks for EXNWF?
Exclusive Networks S.A. faces several risks, including intense competition in the cybersecurity market, which could impact its market share and profitability.
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
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Financial data is based on available information and may be subject to change.
- OTC market data may have limited transparency and accuracy.