K 
0.72
+3.43%
Close of 9 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
€14.7m
FY2016FY2025
Net income
−€2.0m
FY2016FY2025
Free cash flow
−€272,000
FY2016FY2025
Shareholders' equity
€2.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €14.7m | €11.7m | €13.7m | €18.9m | €19.9m | €11.2m | €13.0m | €17.1m | €24.8m | €14.1m |
| Research and development | €1.3m | €1.8m | €2.3m | €2.7m | €2.2m | €3.6m | €2.0m | €1.3m | €203,000 | €1.1m |
| Operating income | −€1.8m | −€3.7m | −€3.5m | −€3.5m | −€1.7m | −€6.3m | −€8.7m | −€5.5m | −€1.5m | −€1.4m |
| Net income | −€2.0m | −€3.8m | −€4.7m | −€3.5m | −€1.8m | −€5.7m | −€10.6m | −€5.8m | −€308,000 | −€1.7m |
| Diluted earnings per share | -0.27 | -0.50 | -0.62 | -0.47 | -0.25 | -1.13 | -2.08 | -1.14 | -0.06 | -0.48 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €18.5m | €23.2m | €28.2m | €34.3m | €33.1m | €20.6m | €23.9m | €34.4m | €41.3m | €21.6m |
| Cash and short-term investments | €2.3m | €4.8m | €4.0m | €5.7m | €14.5m | €6.5m | €6.3m | €11.9m | €14.0m | €426,000 |
| Total liabilities | €16.4m | €19.1m | €20.4m | €21.7m | €17.4m | €14.0m | €11.4m | €11.3m | €12.4m | €11.5m |
| Debt | €10.9m | €12.7m | €14.2m | €15.0m | €9.6m | €8.6m | €5.6m | €4.0m | €3.9m | €2.8m |
| Shareholders' equity | €2.0m | €4.1m | €7.8m | €12.6m | €15.7m | €6.6m | €12.5m | €23.1m | €28.9m | €10.2m |
| Shares outstanding | 7m | 8m | 7m | 7m | 7m | 5m | 5m | 5m | 5m | 4m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €1.3m | €3.6m | €1.2m | −€11.6m | −€1.4m | −€2.5m | −€3.6m | €117,000 | −€3.5m | −€5.8m |
| Capital spending | −€1.6m | −€181,000 | −€153,000 | −€2.4m | −€1.5m | −€625,000 | −€1.1m | −€2.0m | −€3.2m | −€2.8m |
| Free cash flow | −€272,000 | €3.4m | €1.1m | −€13.9m | −€3.0m | −€3.1m | −€4.7m | −€1.8m | −€6.7m | −€8.7m |
| Dividends paid | — | — | — | — | −€114,000 | — | — | — | — | −€287,000 |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Sept 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €7.3m | €7.4m | €7.3m | €5.4m | €6.2m | €7.1m | €3.5m | €6.6m |
| Operating income | −€356,000 | −€469,000 | −€1.1m | −€1.9m | −€1.8m | −€1.2m | −€586,500 | −€2.5m |
| Net income | −€912,000 | −€898,000 | −€1.1m | −€1.8m | −€1.9m | −€2.0m | −€1.0m | −€2.6m |
| Diluted earnings per share | -0.12 | -0.12 | -0.15 | -0.24 | -0.26 | -0.27 | -0.14 | -0.35 |
| Cash from operations | — | — | — | — | €2.0m | €1.0m | — | — |
| Total assets | €17.9m | €18.5m | €19.1m | €23.2m | €24.6m | €28.2m | €28.2m | €29.8m |
| Cash and short-term investments | €2.3m | €2.3m | €3.1m | €4.8m | €5.3m | €4.0m | €4.0m | €3.8m |
| Debt | €1.9m | €10.1m | €10.8m | €12.7m | €13.1m | €13.5m | €2.1m | €13.6m |
| Shareholders' equity | €1.1m | €2.0m | €2.9m | €4.1m | €5.9m | €7.8m | €7.8m | €9.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -8.1% | 5.6% | 7.0% |
| Operating income | -19.1% | -21.8% | 11.6% |
| Net income | -16.6% | -18.7% | 8.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -21.2% | -21.3% | -22.8% | -22.9% |
| Net margin | -22.0% | -23.7% | -23.9% | -24.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.2 | -1.0 | -0.9 | -2.3 | -9.8 | -2.4 | -1.4 | -1.8 | -177.5 | -17.3 |
| Price to sales | 0.5 | 0.3 | 0.3 | 0.4 | 0.9 | 1.2 | 1.1 | 0.6 | 2.2 | 2.1 |
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.