B 
16.00
-0.31%
Close of 9 Nov 2026, in EUR
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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
€26.2m
FY2016FY2025
Net income
−€20.7m
FY2016FY2025
Free cash flow
−€8.9m
FY2016FY2025
Shareholders' equity
€175.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €26.2m | €200.2m | €186.6m | €142.7m | €39.0m | €51.6m | €16.6m | €2.7m | — | — |
| Research and development | — | — | €5.7m | €6.2m | €5.4m | €5.5m | €1.3m | €264,000 | — | — |
| Operating income | −€22.1m | €22.6m | €40.9m | €29.3m | −€68,000 | −€1.0m | −€952,000 | −€3.7m | −€33,089 | −€3,253 |
| Net income | −€20.7m | −€55.6m | −€5.1m | €49.0m | −€15.9m | −€6.7m | −€3.8m | −€3.9m | −€33,089 | −€3,253 |
| Diluted earnings per share | -1.99 | -5.32 | -0.48 | 4.48 | -1.45 | -0.65 | -0.61 | -1.57 | -0.01 | -0.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €753.3m | €798.3m | €659.2m | €655.5m | €614.5m | €306.4m | €207.7m | €70.4m | €2.5m | €7,195 |
| Cash and short-term investments | €14.0m | €60.9m | €73.1m | €97.0m | €45.6m | €123.9m | €17.8m | €31.6m | €2.5m | €7,195 |
| Total liabilities | €550.3m | €561.1m | €358.3m | €340.2m | €359.6m | €83.0m | €88.8m | €23.8m | €19,630 | €2,500 |
| Debt | €18.7m | €257.4m | €272.6m | €249.0m | €266.1m | €52.8m | €60.0m | €15.8m | — | — |
| Shareholders' equity | €175.1m | €200.3m | €256.6m | €272.7m | €222.0m | €223.4m | €118.9m | €46.6m | €2.5m | €4,695 |
| Shares outstanding | 10m | 10m | 11m | 11m | 11m | 10m | 6m | 3m | 3m | 3m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −€8.8m | €36.0m | €34.8m | €34.9m | −€6.2m | €5.7m | €1.4m | −€2.4m | −€3,723 | −€753 |
| Capital spending | −€73,000 | −€1.9m | −€4.8m | −€3.2m | −€2.5m | −€1.4m | −€1.4m | −€84,000 | — | — |
| Free cash flow | −€8.9m | €34.1m | €30.0m | €31.8m | −€8.7m | €4.2m | €38,000 | −€2.5m | −€3,723 | −€753 |
| Dividends paid | — | −€2.3m | — | — | — | −€7.1m | −€269,000 | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €7.9m | €5.6m | −€158.4m | €70.5m | €57.0m | €57.0m | €29.7m | €66.3m |
| Operating income | −€1.3m | −€2.8m | −€82.0m | €14.6m | €22.0m | €22.0m | −€21.7m | €21.9m |
| Net income | €114.8m | −€1.8m | −€15.0m | €1.8m | −€3.8m | −€3.8m | −€53.2m | €4.3m |
| Diluted earnings per share | 10.99 | -0.18 | -1.43 | 0.17 | -0.36 | -0.36 | -5.10 | 0.42 |
| Cash from operations | −€1.0m | — | −€24.0m | €37.0m | −€10.0m | −€10.0m | €13.0m | €27.0m |
| Capital spending | — | — | — | −€2.0m | — | — | −€1.0m | −€3.0m |
| Free cash flow | — | — | — | €35.0m | — | — | €12.0m | €24.0m |
| Total assets | €356.7m | €562.9m | €753.3m | €593.4m | €609.9m | €609.9m | €798.3m | €686.1m |
| Cash and short-term investments | €269.3m | €6.3m | €10.2m | €37.8m | €43.2m | €26.0m | €48.4m | €60.6m |
| Debt | €20.7m | €20.4m | €22.6m | €85.7m | €91.1m | €73.9m | €116.3m | €90.0m |
| Shareholders' equity | €288.5m | €173.6m | €175.1m | €193.9m | €192.0m | €192.0m | €200.3m | €254.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -43.2% | -12.7% | — |
| Operating income | — | 84.2% | — |
| Net income | — | 25.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -8.0 | -4.4 | -54.2 | 5.0 | -15.8 | -47.5 |
| Price to sales | 6.4 | 1.2 | 1.5 | 1.7 | 6.4 | 6.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 21 Jun 2024.
| FY2024 | |
|---|---|
| Paid in the year | 0.22 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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