B
24.80
+5.53%
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
€224.5m
FY2016FY2025
Net income
€11.6m
FY2016FY2025
Free cash flow
€27.9m
FY2016FY2025
Shareholders' equity
€132.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €224.5m | €183.7m | €201.8m | €270.8m | €214.9m | €170.4m | €161.5m | €150.3m | €149.7m | €97.5m |
| Gross profit | €93.4m | €82.8m | €85.7m | €131.8m | €112.6m | €88.7m | €71.5m | €73.4m | €74.0m | €47.5m |
| Research and development | €20.5m | €28.4m | €37.2m | €31.4m | €29.9m | €21.7m | €17.9m | €11.6m | €10.8m | €7.9m |
| Operating income | €19.9m | −€9.8m | −€21.9m | €28.9m | €28.6m | €20.1m | €17.0m | €24.8m | €30.5m | €12.2m |
| Net income | €11.6m | −€13.8m | −€13.8m | €21.4m | €21.0m | €15.1m | €12.9m | €17.0m | €21.6m | €7.9m |
| Diluted earnings per share | 0.37 | -0.45 | -0.45 | 0.72 | 0.71 | 0.50 | 0.42 | 0.59 | 0.75 | 0.27 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €251.3m | €233.6m | €255.8m | €265.5m | €227.3m | €190.1m | €181.2m | €139.0m | €117.7m | €90.3m |
| Cash and short-term investments | €29.0m | €22.3m | €32.2m | €28.7m | €54.8m | €47.9m | €35.2m | €31.8m | €36.3m | €19.6m |
| Total liabilities | €118.5m | €109.2m | €116.6m | €124.0m | €98.6m | €75.2m | €78.2m | €63.4m | €52.1m | €40.3m |
| Debt | €65.5m | €72.1m | €83.7m | €68.2m | €46.7m | €40.0m | €36.4m | €29.8m | €24.0m | €22.1m |
| Shareholders' equity | €132.9m | €124.4m | €139.2m | €141.5m | €129.4m | €114.9m | €103.0m | €75.5m | €65.6m | €50.0m |
| Shares outstanding | 31m | 31m | 31m | 30m | 30m | 30m | 30m | 29m | 29m | 29m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €29.4m | €14.6m | €4.2m | €12.4m | €25.3m | €37.3m | €24.7m | €27.0m | €28.4m | €16.1m |
| Capital spending | −€1.5m | −€9.8m | −€13.5m | −€30.0m | −€15.7m | −€15.0m | −€34.5m | −€18.0m | −€8.1m | −€8.0m |
| Free cash flow | €27.9m | €4.8m | −€9.3m | −€17.6m | €9.6m | €22.3m | −€9.7m | €9.0m | €20.3m | €8.1m |
| Dividends paid | — | — | −€4.2m | −€6.2m | −€5.8m | −€2.6m | −€5.1m | −€6.5m | −€2.4m | −€1.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €75.0m | €77.3m | €56.5m | €56.3m | €51.2m | €58.4m | €47.0m | €43.7m |
| Gross profit | €38.6m | €39.5m | €12.7m | €27.9m | €24.1m | €28.6m | €19.2m | €20.7m |
| Operating income | €13.3m | €17.4m | €5.0m | €6.2m | €2.4m | €6.3m | −€6.5m | −€2.5m |
| Net income | €10.6m | €13.0m | €554,000 | €4.6m | €1.7m | €4.8m | −€7.1m | −€3.3m |
| Diluted earnings per share | 0.34 | 0.42 | 0.02 | 0.15 | 0.05 | 0.15 | -0.23 | -0.11 |
| Cash from operations | €8.0m | €7.0m | €9.0m | €11.0m | €8.0m | — | €1.0m | €8.0m |
| Capital spending | — | −€2.0m | — | — | −€2.0m | −€2.0m | −€2.0m | −€2.0m |
| Free cash flow | — | €5.0m | — | — | €6.0m | — | −€1.0m | €6.0m |
| Total assets | €260.2m | €250.0m | €251.3m | €232.9m | €228.6m | €233.1m | €233.6m | €239.9m |
| Cash and short-term investments | €30.2m | €28.1m | €29.0m | €24.8m | €22.1m | €17.8m | €22.3m | €29.3m |
| Debt | €43.4m | €44.7m | €68.3m | €66.3m | €70.0m | €69.0m | €72.1m | €76.8m |
| Shareholders' equity | €153.7m | €146.3m | €132.9m | €134.8m | €130.5m | €128.8m | €124.4m | €132.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.1% | 5.7% | 10.1% |
| Operating income | -11.7% | -0.2% | 7.1% |
| Net income | -18.4% | -5.1% | 6.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 43.2% | 44.7% | 47.0% | 47.2% |
| Operating margin | 2.5% | 1.9% | 5.2% | 8.4% |
| Net margin | -0.5% | 0.6% | 3.3% | 5.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 41.5 | -13.7 | -25.9 | 41.3 | 74.9 | 47.7 | 42.7 | 23.4 | 29.0 | 24.5 |
| Price to sales | 2.1 | 1.0 | 1.8 | 3.3 | 7.3 | 4.2 | 3.4 | 2.6 | 4.2 | 2.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 29 May 2023.
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.14 | 0.207 | 0.193 | 0.087 | 0.17 | 0.224 | 0.082 | 0.064 |
- 3-for-1 split · 19 Jul 2022
- 3-for-1 split · 25 Jun 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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