Fundamental data for European stocks

alfileres

Thank you for SimFin and for all your work on making available US stocks fundamental data.
As an European, I would also be interested in finding European stocks fundamental data. It is something that you would eventually would like to offer?
Thank you!

tflassbeck

Hi alfileres,

this is actually the big project we are working on at the moment, we expect to have first results in the coming months (development is quite advanced already).

tflassbeck

Would you be mostly interested in us covering the European large caps first or completely covering single markets one by one (just curious)?

alfileres

I would say, whatever is easier for you. If it is easier to get data from large caps (e.g. stocks in major European indexes), then go for it first. Then go to complete the list with smaller stocks market by market. I would be interested in analysing lesser know stocks as well (e.g. stocks not part of major indexes) as I believe that their potential may be higher.
Thank you for SimFin ... it's really useful!

tflassbeck

ok interesting to hear! We'll be announcing it in the newsletter/twitter etc. once we have some results with our new data crawler, so you'll hear from us soon regarding this.

alfileres

What is the simfin twitter account? (there is another simfin which is not you in twitter)

tflassbeck

It's this one: https://twitter.com/simfinofficial
we're not super active there but the big updates will be announced there too

johnnyt

Very curious about that. Do you guys have an update? Love what you did so far- keep up the great work

tflassbeck

Hi Johnnyt,
the PDF library that is now online is the first step towards that, we have already quite a few German companies in there but also from Japan and China.
The extraction engine is now finished in a first version and being tested currently, has to be integrated in the current system but maybe we'll have something by the end of the month.

johnnyt

Thanks for the update. This will really be something quite unique. Again, cudos for the work so far!

brinnuss

When will be next update?

tflassbeck

We are currently finishing the rework of all our internal data processing tools and once that is done (this week hopefully) we'll fully focus on uploading more data. We just have to make sure this process is as efficient as possible before we put all our resources into loading new data.

brinnuss

There is too little information on the internet about European stocks, it's nice that you guys are providing such information to us. I had a problem finding fundamental data about stocks at that time when I was trading, but because of misleading info, I lost my money. I wish I knew about your service 1 year ago. But now trying to get Free Stocks to get back on the board with trading. It's there any chance that you will include some of these free stocks on your platform to track their price or to know more information about these stocks?

prospector

Hi guys! Do you have any news so far regarding european stocks (price and fundamental data)? How have you decided at the end - first cover large caps or do in on "market by market" basis? Do you have any dates of release in mind? Looking forward to hear any news regarding that topic!

tflassbeck

We are working on finishing the DAX now (biggest German companies). This took a bit longer than expected but once this is done adding more companies will be much faster as the machine learning models will have already some substantial dataset to learn from. DAX will be finished in the coming weeks and then we will probably continue with other German indices for now like TecDax/MDAX.