L 
3.60
-6.25%
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
€129.7m
FY2016FY2025
Net income
€6.8m
FY2016FY2025
Free cash flow
€15.6m
FY2016FY2025
Shareholders' equity
€27.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €129.7m | €115.1m | €101.4m | €89.5m | €64.1m | €44.7m | €48.2m | €41.5m | €38.7m | €34.4m |
| Research and development | — | — | — | €140,307 | €80,390 | — | — | — | — | — |
| Operating income | €6.8m | €11.1m | €14.3m | €11.7m | €8.5m | €5.8m | €7.8m | €4.3m | €4.8m | €3.8m |
| Net income | €6.8m | €9.0m | €8.3m | €7.0m | €5.3m | €2.3m | €4.3m | €1.8m | €1.5m | €1.8m |
| Diluted earnings per share | 0.56 | 0.74 | 0.72 | 0.60 | 0.46 | 5,677.88 | 0.35 | 0.15 | 0.12 | 0.15 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €124.9m | €142.0m | €88.0m | €72.6m | €72.5m | €41.2m | €41.8m | €41.9m | €29.1m | €28.3m |
| Cash and short-term investments | €6.1m | €11.3m | €10.7m | €12.2m | €16.4m | €9.9m | €8.4m | €8.4m | €7.2m | €6.5m |
| Total liabilities | €96.1m | €113.9m | €47.8m | €37.3m | €43.1m | €16.8m | €16.2m | €16.2m | €10.3m | €9.2m |
| Debt | €50.0m | €49.7m | €18.4m | €16.4m | €18.6m | €7.1m | €6.4m | €6.4m | €710,274 | €678,117 |
| Shareholders' equity | €27.5m | €27.2m | €38.4m | €34.2m | €28.2m | €20.9m | €22.0m | €22.2m | €15.7m | €16.0m |
| Shares outstanding | 12m | 12m | 12m | 12m | 12m | 0m | 12m | 12m | 12m | 12m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €16.4m | €10.8m | €11.4m | €3.2m | €9.4m | €9.8m | €7.3m | €2.0m | €4.9m | €1.3m |
| Capital spending | −€799,515 | −€1.3m | −€4.6m | −€2.5m | −€1.5m | −€3.2m | −€520,648 | −€833,674 | −€1.3m | −€1.5m |
| Free cash flow | €15.6m | €9.5m | €6.7m | €664,301 | €7.9m | €6.6m | €6.8m | €1.2m | €3.5m | −€143,650 |
| Dividends paid | −€2.9m | −€2.3m | −€1.8m | −€2.0m | — | — | −€1.2m | −€1.2m | −€946,683 | −€1.1m |
Latest quarters
By quarter end
| Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sept 2022 | Jun 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €62.0m | €55.7m | €101.3m | €49,188 | €24,594 | €46.7m | €23,338 | €43.6m |
| Operating income | €5.4m | €2.9m | €14.3m | €7,062 | €3,531 | €5.6m | €2,812 | €6.1m |
| Net income | €7.3m | €1.6m | €8.3m | €4,185 | €2,093 | €3.1m | €1,558 | €3.8m |
| Diluted earnings per share | 0.66 | 0.14 | 0.72 | 0.00 | 0.00 | 0.27 | 0.00 | 0.33 |
| Cash from operations | — | — | €11.0m | — | — | €7.0m | — | −€4.0m |
| Capital spending | — | — | −€4.0m | — | — | — | — | — |
| Free cash flow | — | — | €7.0m | — | — | — | — | — |
| Total assets | €142.0m | €125.8m | €88.0m | €84.9m | €84.9m | €72.6m | €72.6m | €75.7m |
| Cash and short-term investments | €11.7m | €8.9m | €10.7m | €8.0m | €8.0m | €12.2m | €12.2m | €12.4m |
| Debt | €37.1m | €34.9m | €12.2m | €12.9m | €2.1m | €16.4m | €4.8m | €19.4m |
| Shareholders' equity | €27.2m | €28.7m | €38.4m | €37.7m | €37.7m | €34.2m | €34.2m | €33.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.2% | 23.7% | — |
| Operating income | -16.7% | 3.1% | — |
| Net income | -0.7% | 24.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 12.5 | 8.0 | 11.6 | 16.6 | 25.1 |
| Price to sales | 0.7 | 0.6 | 1.0 | 1.3 | 2.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 17 Jul 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 0.172 | 0.172 | 0.132 | 0.132 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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