B 
3.29
+0.61%
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
€21.5m
FY2016FY2025
Net income
€25.3m
FY2016FY2025
Free cash flow
€8.1m
FY2016FY2025
Shareholders' equity
€173.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €21.5m | €15.7m | €9.1m | €8.0m | €6.1m | €3.7m | €2.9m | €2.2m | €1.9m | €392,000 |
| Research and development | — | — | — | — | — | — | — | €1 | €1 | €1 |
| Operating income | €17.3m | €34.8m | €15.0m | €13.2m | €8.7m | €2.6m | €5.8m | €3.2m | €7,000 | €1,000 |
| Net income | €25.3m | €28.4m | €14.1m | €11.1m | €7.8m | €1.9m | €5.4m | €2.9m | €1.2m | −€408,000 |
| Diluted earnings per share | 0.55 | 0.64 | 0.40 | 0.32 | 0.22 | 0.05 | 0.36 | 0.24 | 0.10 | -0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €288.6m | €296.2m | €156.1m | €142.2m | €128.4m | €110.8m | €97.9m | €41.2m | €29.0m | €27.8m |
| Cash and short-term investments | €4.3m | €7.3m | €2.8m | €3.3m | €4.3m | €2.1m | €37.6m | €1.3m | €2.5m | €3.4m |
| Total liabilities | €106.8m | €136.5m | €40.7m | €37.0m | €32.8m | €20.6m | €13.9m | €10.5m | €27.8m | €27.8m |
| Debt | €101.4m | €128.5m | €37.1m | €34.6m | €30.2m | €18.4m | €12.4m | €9.6m | — | — |
| Shareholders' equity | €173.7m | €152.5m | €108.6m | €98.2m | €89.3m | €84.0m | €83.9m | €30.7m | €29.0m | €27.8m |
| Shares outstanding | 46m | 44m | 35m | 35m | 35m | 35m | 15m | 12m | 12m | 47m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €9.3m | €9.5m | €5.3m | €4.7m | €3.8m | €852,000 | €1.7m | €1.3m | €1.1m | €496,000 |
| Capital spending | −€1.2m | −€8.7m | −€35,000 | −€4.1m | −€7.8m | −€3.8m | −€3,000 | −€2,000 | −€8,000 | −€19,000 |
| Free cash flow | €8.1m | €736,000 | €5.3m | €579,000 | −€4.0m | −€3.0m | €1.7m | €1.3m | €1.1m | €477,000 |
| Dividends paid | −€3.7m | −€3.7m | −€3.7m | −€2.7m | −€2.1m | −€1.4m | −€653,000 | −€417,000 | −€417,000 | −€417,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €5.3m | €5.3m | €5.4m | €5.4m | €5.5m | €5.4m | €4.5m | €3.9m |
| Operating income | €15.3m | €4.6m | €10.7m | €10.7m | €10.5m | €5.4m | €34.8m | −€12.8m |
| Net income | €9.7m | €3.6m | €9.3m | €9.3m | €3.8m | €3.0m | €16.7m | €1.8m |
| Diluted earnings per share | 0.20 | 0.08 | 0.20 | 0.20 | 0.08 | 0.07 | 0.38 | 0.04 |
| Cash from operations | — | — | €2.0m | €2.0m | — | — | — | — |
| Total assets | €305.0m | — | €288.6m | €288.6m | €296.0m | — | €296.2m | — |
| Cash and short-term investments | €4.4m | €4.3m | €4.3m | €4.3m | €7.1m | — | €7.3m | — |
| Debt | €1.3m | — | €101.4m | €922,000 | €124.5m | — | €128.5m | — |
| Shareholders' equity | €184.5m | €181.4m | €173.7m | €173.7m | €156.9m | €159.7m | €152.5m | €121.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 39.0% | 42.3% | — |
| Operating income | 9.4% | 45.6% | — |
| Net income | 31.4% | 67.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 5.3 | 3.4 | 4.7 | 6.2 | 9.9 | 36.1 | 6.3 | 8.5 | 17.6 |
| Price to sales | 6.3 | 6.1 | 7.3 | 8.6 | 12.8 | 18.9 | 11.5 | 11.2 | 10.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 8 years. Last went ex-dividend on 5 Nov 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.215 | 0.105 | 0.105 | 0.075 | 0.06 | 0.039 | 0.053 | 0.034 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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