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Original-Research: Mister Spex SE - from Quirin Privatbank
Kapitalmarktgeschäft

08.05.2026 / 10:25 CET/CEST
Dissemination of a Research, transmitted by EQS News - a service of EQS
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invitation to conclude certain stock exchange transactions.

Classification of Quirin Privatbank Kapitalmarktgeschäft to Mister Spex SE

Company Name: Mister Spex SE
ISIN: DE000A3CSAE2

Reason for the research: update
Recommendation: Hold
from: 08.05.2026
Last rating change:
Analyst: Ralf Marinoni

Strong increase in gross margin

Mister Spex delivered Q1-26 figures that reflect a reduced sales volume and
higher margins, but still negative on bottom line. The company confirmed its
FY 2026 guidance. As a result, we leave estimates, recommendation and TP
unchanged.

You can download the research here:
https://eqs-cockpit.com/c/fncls.ssp?u=a73a9ee439489010013ba7c875c87ca7
For additional information visit our website:
https://research.quirinprivatbank.de/

Contact for questions:
Quirin Privatbank AG
Institutionelles Research
Schillerstraße 20
60313 Frankfurt am Main
research@quirinprivatbank.de
https://research.quirinprivatbank.de/

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2323996 08.05.2026 CET/CEST

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