B 
34.40
+4.88%
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
€119.3m
FY2016FY2025
Net income
€21.3m
FY2016FY2025
Free cash flow
€7.0m
FY2016FY2025
Shareholders' equity
€130.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €119.3m | €85.2m | €75.2m | €82.5m | €86.9m | €78.4m | €75.2m | €62.8m | €51.6m | €64.2m |
| Gross profit | €88.7m | €63.4m | €55.3m | €62.7m | €64.1m | €57.5m | €58.2m | €53.0m | €46.4m | €59.5m |
| Research and development | €10.0m | €5.6m | €5.6m | €5.9m | €5.5m | €15.4m | €12.6m | €6.9m | €9.6m | €6.3m |
| Operating income | €19.4m | €8.6m | −€4.6m | €342,000 | €3.2m | €2.1m | €6.3m | €2.8m | −€6.2m | €3.3m |
| Net income | €21.3m | €7.3m | −€5.4m | €253,000 | €3.3m | €2.2m | €7.6m | €4.0m | −€3.1m | €3.5m |
| Diluted earnings per share | 0.60 | 0.21 | -0.15 | 0.01 | 0.09 | 0.06 | 0.21 | 0.11 | -0.09 | 0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €190.4m | €165.1m | €157.7m | €169.7m | €166.2m | €158.0m | €154.3m | €132.4m | €138.4m | €153.3m |
| Cash and short-term investments | €20.9m | €21.8m | €8.3m | €19.0m | €22.0m | €24.7m | €35.2m | €30.9m | €62.9m | €94.9m |
| Total liabilities | €59.6m | €52.3m | €50.1m | €53.9m | €49.3m | €43.8m | €41.9m | €22.4m | €21.7m | €22.7m |
| Debt | €19.9m | €20.9m | €22.6m | €22.4m | €22.3m | €22.5m | €22.6m | €1.5m | €1.2m | €3.2m |
| Shareholders' equity | €130.8m | €112.8m | €107.6m | €115.8m | €116.8m | €114.2m | €112.3m | €110.0m | €116.7m | €130.6m |
| Shares outstanding | 35m | 35m | 36m | 36m | 36m | 36m | 36m | 36m | 36m | 36m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €15.3m | €24.4m | €1.2m | €8.0m | €8.3m | €6.9m | €9.6m | −€548,000 | −€45,000 | −€1.7m |
| Capital spending | −€8.3m | −€6.7m | −€7.7m | −€8.0m | −€8.4m | −€15.9m | −€18.4m | −€19.7m | −€18.1m | −€8.2m |
| Free cash flow | €7.0m | €17.7m | −€6.5m | −€26,000 | −€133,000 | −€9.0m | −€8.8m | −€20.2m | −€18.1m | −€9.9m |
| Dividends paid | −€3.5m | −€2.1m | −€1.8m | −€1.4m | −€1.1m | −€1.1m | −€5.4m | −€10.7m | −€10.7m | −€10.7m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €57.9m | €53.9m | €23.1m | €21.1m | €21.1m | €33.2m | €23.7m | €19.8m |
| Gross profit | €8.3m | €40.9m | €37.7m | €5.0m | €5.0m | €23.4m | €8.5m | €6.1m |
| Operating income | €9.7m | €15.4m | €2.5m | €750,000 | €750,000 | €6.0m | €2.9m | €1.9m |
| Net income | €7.5m | €17.5m | €2.3m | €750,000 | €750,000 | €5.6m | €2.5m | €1.6m |
| Diluted earnings per share | 0.21 | 0.49 | 0.06 | 0.02 | 0.02 | 0.16 | 0.07 | 0.05 |
| Cash from operations | €36.0m | €6.0m | €3.0m | €4.0m | €4.0m | €21.0m | €10.0m | €3.0m |
| Capital spending | −€1.0m | −€1.0m | — | −€1.0m | −€1.0m | — | — | — |
| Free cash flow | €35.0m | €5.0m | — | €3.0m | €3.0m | — | — | — |
| Total assets | €197.8m | €190.4m | €190.4m | €160.4m | €160.4m | €165.1m | €165.1m | €157.4m |
| Cash and short-term investments | €46.5m | €20.9m | €20.9m | €21.7m | €21.7m | €21.8m | €21.8m | €5.5m |
| Debt | €3.2m | €19.9m | €3.1m | €20.8m | €3.0m | €20.9m | €2.9m | €22.3m |
| Shareholders' equity | €133.3m | €130.8m | €130.8m | €110.7m | €110.7m | €112.8m | €112.8m | €108.7m |
Financial ratios
Data as of 5 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 74.4% | 74.4% | 73.5% | 76.1% | 73.8% | 73.4% |
| Operating margin | 16.7% | 10.6% | -5.5% | 0.4% | 3.5% | 2.8% |
| Net margin | 17.9% | 8.6% | -7.2% | 0.3% | 3.8% | 2.8% |
| Return on equity | 16.3% | 6.5% | -5.0% | 0.2% | 2.8% | 1.9% |
| Return on assets | 11.2% | 4.4% | -3.4% | 0.1% | 2.0% | 1.4% |
| Free cash flow yield | 1.9% | 2.5% | 0.7% | 1.3% | 1.3% | 1.8% |
| Revenue growth | 40.0% | 13.3% | -8.8% | -5.1% | 10.8% | 4.2% |
| Earnings growth | 191.8% | -234.4% | -2246.6% | -92.4% | 52.4% | -71.5% |
| Current ratio | 2.51x | 2.42x | 1.51x | 2.63x | 2.89x | 3.28x |
| Debt to equity | 0.14x | 0.18x | 0.20x | 0.18x | 0.19x | 0.19x |
| Equity ratio | 68.7% | 68.3% | 68.2% | 68.2% | 70.3% | 72.3% |
| Interest coverage | 22.11x | 5.63x | -3.71x | 0.79x | 8.64x | 6.72x |
| R&D as a share of sales | 8.4% | 6.5% | 7.5% | 7.2% | 6.3% | 19.6% |
| Buybacks as a share of market value | -0.0% | 0.1% | 0.5% | 0.0% | -0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.1% | 8.8% | 7.7% |
| Operating income | 284.2% | 56.3% | 23.7% |
| Net income | 338.3% | 57.7% | -27.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 74.4% | 74.6% | 74.3% | 78.8% |
| Operating margin | 13.7% | 6.5% | 5.5% | 4.5% |
| Net margin | 14.0% | 6.5% | 5.5% | 69.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 49.9 | 30.9 | -31.3 | — | 56.9 | 94.8 | 30.4 | 67.6 | -64.9 | 57.7 |
| Price to sales | 8.9 | 2.6 | 2.3 | 1.7 | 2.2 | 2.6 | 3.1 | 4.3 | 3.9 | 3.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 23 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.15 | 0.10 | 0.06 | 0.05 | 0.04 | 0.031 | 0.05 | 0.30 |
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.