-99%

est. 2Y upside i

Stage: exit. Country: Germany

Rank

#4424

Sector

Digital Transformation Services

Data Quality

Data: Low

The equity opportunity is extremely risky due to the company's insolvency filing on February 2, 2023.

Last updated: March 10, 2026

Bull (5%)0%

In a highly improbable scenario, a successful restructuring or sale of remaining assets could lead to a minimal recovery for some equity holders, or a new entity formed from salvaged assets might stabilize at its current low valuation, offering no immediate upside for new equity within a 2-year horizon. The original equity, however, is likely wiped out.

Base (45%)-100%

The insolvency of tricontes360 (which absorbed the historical Mobileview) in February 2023 means that common equity in the original entity is effectively worthless. Creditors have priority, and any remaining assets were sold off, leaving no value for original equity holders.

Bear (50%)-100%

The most likely outcome is that the equity in the original Mobileview/tricontes360 entity is completely worthless due to the insolvency proceedings. All original equity has been wiped out, and there is no path to recovery for common shareholders.

Preference Stack Risk

severe

All creditors, including debt holders and suppliers, have priority over equity holders in an insolvency proceeding. Common stock would likely receive nothing.

Dilution Risk

high

While original equity is likely worthless, any new equity in a successor entity would face significant dilution risk if further capital raises are needed for recovery or growth.

Secondary Liquidity

none

There is no active secondary market for equity in an insolvent or recently restructured company.

Questions to Ask at the Interview

Strategic questions based on Mobileview's data — designed to show you've done your homework.

  • 1

    “Given tricontes360's insolvency in February 2023, could you clarify the specific legal entity making this equity offer and its current capital structure?”

  • 2

    “What is the current valuation basis for the equity being offered, and how does it account for the prior insolvency proceedings and asset sales?”

  • 3

    “What is the company's strategy for generating value for equity holders in the next 2-5 years, especially considering the competitive landscape and the recent restructuring?”

Community

Valuation Sentiment

Our model estimates -99% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.