E 
3.40
—
Close of 6 Nov 2026, in EUR
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in EUR, from our data supplier.
Revenue
€49.9m
FY2016FY2025
Net income
€1.8m
FY2016FY2025
Free cash flow
€2.5m
FY2016FY2025
Shareholders' equity
€12.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €49.9m | €45.1m | €40.6m | €37.1m | €38.0m | €358,944 | €1.1m | €570,750 | €604,000 | €1.7m |
| Research and development | — | — | €2,000 | €40,000 | — | €53,000 | €13.9m | €10.9m | €10.9m | €12.1m |
| Operating income | €2.7m | €2.0m | −€135,000 | −€5.2m | €29,000 | −€897,000 | −€16.0m | −€12.8m | −€12.0m | −€12.3m |
| Net income | €1.8m | €546,000 | −€709,000 | −€5.6m | −€241,000 | −€1.4m | −€15.7m | −€14.3m | −€12.0m | −€12.3m |
| Diluted earnings per share | 0.43 | 0.13 | -0.17 | -1.32 | -3.81 | -21.97 | -260.50 | -285.85 | -331.10 | -341.80 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €51.8m | €48.5m | €43.8m | €39.9m | €36.3m | €5.1m | €6.8m | €11.6m | €4.3m | €15.6m |
| Cash and short-term investments | €5.8m | €5.3m | €4.2m | €4.2m | €2.4m | €2.9m | €3.6m | €8.5m | €2.1m | €13.4m |
| Total liabilities | €39.7m | €38.1m | €33.9m | €29.3m | €25.4m | €10.8m | €11.0m | €5.1m | €3.1m | €2.4m |
| Debt | €19.1m | €20.9m | €17.9m | €14.7m | €13.5m | €5.7m | €5.2m | €2.1m | €466,000 | €431,000 |
| Shareholders' equity | €12.1m | €10.3m | €9.9m | €10.6m | €10.8m | −€5.6m | −€4.2m | €6.5m | €1.2m | €13.1m |
| Shares outstanding | 4m | 4m | 4m | 4m | 0m | 0m | 0m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €5.4m | €2.6m | −€2.3m | €2.1m | €348,000 | −€1.4m | −€13.0m | −€13.0m | −€12.8m | −€13.7m |
| Capital spending | −€2.9m | −€3.6m | −€2.6m | −€2.2m | −€1.9m | — | −€97,000 | −€371,000 | −€161,000 | −€383,000 |
| Free cash flow | €2.5m | −€1.0m | −€4.8m | −€117,000 | −€1.6m | −€1.4m | −€13.1m | −€13.4m | −€13.0m | −€14.1m |
| Dividends paid | — | — | — | — | −€521,000 | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €22.1m | €25.2m | €24.8m | €24.7m | €23.2m | €10.4m | €21.8m | €18.1m |
| Operating income | €1.8m | €1.6m | €1.1m | €799,000 | €454,000 | −€1.0m | €890,000 | −€891,000 |
| Net income | €1.1m | €851,000 | €989,000 | €184,000 | €362,000 | −€1.4m | €725,000 | −€1.6m |
| Diluted earnings per share | 0.26 | 0.20 | 0.23 | 0.04 | 0.09 | -0.34 | 0.17 | -0.37 |
| Cash from operations | −€1.0m | €4.0m | — | — | — | — | −€1.0m | €2.0m |
| Capital spending | −€1.0m | −€1.0m | −€1.0m | −€1.0m | −€1.0m | −€1.0m | −€1.0m | −€2.0m |
| Free cash flow | −€2.0m | €3.0m | — | — | — | — | −€2.0m | €0 |
| Total assets | €50.6m | €51.8m | €52.3m | €48.5m | €45.2m | €43.8m | €42.5m | €39.9m |
| Cash and short-term investments | €3.3m | €5.8m | €2.9m | €5.3m | €2.5m | €4.2m | €3.5m | €4.2m |
| Debt | €6.1m | €16.0m | €9.4m | €17.4m | €14.2m | €6.1m | €7.8m | €4.4m |
| Shareholders' equity | €13.1m | €12.1m | €11.2m | €10.3m | €10.2m | €9.9m | €11.3m | €10.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.4% | 168.3% | 156.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 4.9% | -0.4% | -0.7% | -28.9% |
| Net margin | 2.5% | -2.3% | -2.6% | -31.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 12.0 | 46.5 | -49.4 | -14.8 | -13.0 | -2.2 | -0.3 | -0.2 | -0.4 | -0.7 |
| Price to sales | 0.4 | 0.6 | 0.9 | 2.2 | 0.1 | 8.5 | 3.9 | 5.6 | 8.5 | 5.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 352-to-1 reverse split · 27 Dec 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.