C 
2.30
-3.36%
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
€9.2m
FY2016FY2025
Net income
−€678,000
FY2016FY2025
Free cash flow
€1.4m
FY2016FY2025
Shareholders' equity
€27.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €9.2m | €7.1m | €4.7m | €3.8m | €8.5m | €21.3m | €26.8m | €8.8m | — | €3.3m |
| Research and development | €86,000 | €105,000 | €74,000 | €150,000 | €189,000 | €330,000 | €132,000 | €164,000 | — | — |
| Operating income | −€1.2m | −€4.0m | −€7.0m | −€8.2m | −€18.1m | −€10.9m | €3.4m | −€296,785 | −€391 | €1.1m |
| Net income | −€678,000 | −€3.7m | −€20.7m | −€14.7m | −€13.9m | −€9.3m | €4.5m | −€113,339 | −€391 | €859,344 |
| Diluted earnings per share | -0.03 | -0.19 | -1.06 | -0.98 | -1.17 | -0.92 | 0.48 | -0.02 | -0.00 | 0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €30.7m | €32.7m | €43.7m | €84.0m | €95.7m | €96.3m | €99.3m | €81.7m | €54.2m | €3.3m |
| Cash and short-term investments | €1.8m | €816,000 | €2.9m | €5.3m | €8.5m | €2.5m | €8.5m | €1.9m | €3.5m | €916,570 |
| Total liabilities | €3.3m | €4.6m | €11.7m | €18.2m | €23.0m | €23.6m | €17.1m | €31.1m | €23.5m | €3.2m |
| Debt | €1.2m | €2.1m | €2.2m | €6.7m | €12.7m | €9.8m | €3.5m | €13.1m | — | — |
| Shareholders' equity | €27.4m | €28.1m | €32.0m | €45.6m | €72.8m | €72.7m | €82.2m | €50.6m | €4.7m | €34,552 |
| Shares outstanding | 22m | 20m | 20m | 15m | 12m | 10m | 9m | 7m | 9m | 8m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €1.5m | −€3.8m | −€4.0m | −€6.9m | −€10.6m | −€8.8m | −€5.9m | −€4.1m | −€47,000 | €965,090 |
| Capital spending | −€83,000 | −€4,000 | −€706,000 | −€849,000 | −€325,000 | −€1.0m | −€326,000 | −€895,000 | −€244,000 | — |
| Free cash flow | €1.4m | −€3.8m | −€4.7m | −€7.7m | −€10.9m | −€9.8m | −€6.3m | −€5.0m | −€291,000 | €965,090 |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €4.9m | €4.8m | €4.4m | €3.9m | €3.2m | €950,000 | €3.8m | €4.4m |
| Operating income | −€818,000 | −€725,000 | −€328,000 | −€1.6m | −€2.4m | €45,000 | −€8.7m | −€8.4m |
| Net income | −€422,000 | −€320,000 | −€358,000 | −€1.6m | −€2.1m | −€13.1m | −€7.7m | −€13.8m |
| Diluted earnings per share | -0.02 | -0.01 | -0.02 | -0.08 | -0.11 | -0.67 | -0.39 | -0.92 |
| Cash from operations | — | — | €1.0m | −€2.0m | −€1.0m | −€1.0m | −€2.0m | −€3.0m |
| Total assets | €30.2m | €30.7m | €31.4m | €32.7m | €34.5m | €43.7m | €76.0m | €84.0m |
| Cash and short-term investments | €1.2m | €1.8m | €1.9m | €816,000 | €1.4m | €2.9m | €1.5m | €5.3m |
| Debt | €111,000 | €675,000 | €1.4m | €2.1m | €2.2m | €2.2m | €3.7m | €6.7m |
| Shareholders' equity | €27.0m | €27.4m | €27.7m | €28.1m | €29.7m | €32.0m | €61.2m | €65.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 34.1% | -15.5% | 9.4% |
| Operating income | -47.6% | -36.0% | — |
| Net income | -64.1% | -40.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -31.7% | -82.1% | -90.5% | — |
| Net margin | -27.2% | -160.8% | -115.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -66.5 | -14.2 | -1.0 | -1.4 | -2.3 | -13.9 | 42.8 | -1584.0 |
| Price to sales | 4.9 | 7.5 | 4.4 | 5.5 | 3.7 | 6.0 | 7.2 | 20.3 |
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.