L 
24.85
+5.07%
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
€228.5m
FY2016FY2025
Net income
€14.0m
FY2016FY2025
Free cash flow
€12.6m
FY2016FY2025
Shareholders' equity
€206.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €228.5m | €210.1m | €206.6m | €194.3m | €162.5m | €129.5m | €112.7m | €101.8m | €37.8m | €64.0m |
| Research and development | €22.8m | €22.0m | €12.0m | €17.1m | €16.4m | €14.0m | €9.3m | €6.8m | €1.9m | €286,000 |
| Operating income | €25.7m | €16.6m | €15.6m | €17.3m | €19.8m | €8.7m | €12.2m | €11.4m | €3.4m | €2.7m |
| Net income | €14.0m | €5.7m | €7.1m | €11.4m | €13.9m | €5.6m | €8.8m | €8.1m | €1.7m | €646,000 |
| Diluted earnings per share | 0.62 | 0.26 | 0.32 | 0.51 | 0.62 | 0.25 | 0.48 | 0.53 | 0.11 | 0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €428.9m | €429.8m | €405.2m | €372.0m | €347.6m | €305.4m | €193.8m | €151.0m | €121.1m | €61.2m |
| Cash and short-term investments | €61.6m | €71.1m | €56.2m | €61.7m | €97.1m | €80.3m | €50.3m | €21.6m | €10.7m | €4.7m |
| Total liabilities | €222.6m | €231.8m | €211.9m | €178.6m | €166.3m | €141.3m | €68.8m | €60.3m | €46.5m | €30.8m |
| Debt | €146.2m | €161.1m | €145.1m | €114.2m | €112.0m | €88.3m | €32.1m | €24.6m | €22.8m | €13.1m |
| Shareholders' equity | €206.3m | €198.0m | €193.3m | €193.4m | €181.3m | €164.1m | €124.9m | €90.8m | €74.6m | €30.4m |
| Shares outstanding | 23m | 22m | 22m | 22m | 22m | 22m | 18m | 15m | 16m | 16m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €29.0m | €34.4m | €20.7m | €1.4m | €26.6m | €13.1m | €19.5m | €12.1m | €7.4m | €4.0m |
| Capital spending | −€16.4m | −€23.0m | −€25.6m | −€29.4m | −€20.1m | −€12.4m | −€11.3m | −€11.0m | −€4.1m | −€4.4m |
| Free cash flow | €12.6m | €11.4m | −€4.9m | −€28.0m | €6.5m | €747,000 | €8.2m | €1.1m | €3.3m | −€394,000 |
| Dividends paid | — | — | — | — | — | −€84.8m | — | — | −€1.2m | −€5.2m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €114.7m | €121.7m | €106.8m | €110.8m | €99.2m | €106.4m | €97.2m | €106.9m |
| Operating income | €9.3m | €15.7m | €10.1m | €12.8m | €2.2m | €13.3m | €5.2m | €12.5m |
| Net income | €5.1m | €9.1m | €4.9m | €5.8m | −€120,000 | €6.6m | €496,000 | €10.1m |
| Diluted earnings per share | 0.23 | 0.40 | 0.22 | 0.26 | -0.01 | 0.30 | 0.02 | 0.46 |
| Cash from operations | €2.0m | €15.0m | €7.0m | €19.0m | €14.0m | €14.0m | €6.0m | €11.0m |
| Capital spending | −€8.0m | −€7.0m | −€8.0m | −€13.0m | −€8.0m | −€11.0m | −€14.0m | −€18.0m |
| Free cash flow | −€6.0m | €8.0m | −€1.0m | €6.0m | €6.0m | €3.0m | −€8.0m | −€7.0m |
| Total assets | €434.7m | €428.9m | €435.9m | €429.8m | €414.8m | €405.2m | €374.2m | €372.0m |
| Cash and short-term investments | €58.2m | €61.6m | €71.3m | €71.1m | €64.0m | €56.2m | €49.6m | €61.7m |
| Debt | €22.5m | €138.6m | €169.0m | €161.1m | €153.9m | €138.0m | €117.0m | €114.2m |
| Shareholders' equity | €207.8m | €206.3m | €196.0m | €198.0m | €193.5m | €193.3m | €188.6m | €193.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.6% | 12.0% | 13.7% |
| Operating income | 14.2% | 24.3% | 27.1% |
| Net income | 7.2% | 20.0% | 20.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 9.7% | 9.0% | 9.2% | 9.0% |
| Net margin | 4.5% | 4.5% | 5.1% | 5.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 34.4 | 36.2 | 38.1 | 32.4 | 38.5 | 55.3 | 31.7 | 20.9 | 63.5 | 79.7 |
| Price to sales | 2.1 | 1.0 | 1.3 | 1.9 | 3.3 | 2.4 | 2.5 | 1.7 | 2.9 | 0.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1-to-1 reverse split · 31 Jul 2001
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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