Q 
1.18
0.00%
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
€21.0m
FY2016FY2025
Net income
€584,426
FY2016FY2025
Free cash flow
−€2.3m
FY2016FY2025
Shareholders' equity
€5.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €21.0m | €15.2m | €10.3m | €6.5m | €2.9m | €2.9m | €2.3m | €2.6m | €2.6m | €4.6m |
| Research and development | — | — | €281,181 | €341,442 | €341,442 | €341,442 | — | — | — | — |
| Operating income | €2.1m | €1.6m | €1.1m | €420,048 | −€249,975 | −€385,590 | −€301,964 | −€209,767 | €133,138 | −€81,065 |
| Net income | €584,426 | €328,528 | €631,904 | €5,348 | −€631,281 | −€664,550 | −€693,502 | −€535,785 | −€97,941 | −€379,029 |
| Diluted earnings per share | 0.02 | 0.01 | 0.02 | 0.00 | -0.02 | -0.02 | -0.03 | -0.02 | -0.00 | -0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €31.4m | €19.1m | €15.9m | €9.9m | €7.5m | €7.5m | €7.5m | €7.9m | €9.3m | €10.7m |
| Cash and short-term investments | €6.5m | €4.4m | €2.4m | €828,378 | €768,015 | €1.0m | €514,990 | €1.1m | €1.3m | €2.2m |
| Total liabilities | €24.7m | €15.8m | €13.0m | €7.6m | €5.2m | €4.6m | €4.0m | €3.8m | €4.4m | €5.7m |
| Debt | €9.8m | €6.4m | €6.8m | €4.1m | €3.3m | €3.4m | €2.5m | €2.3m | €2.5m | €2.7m |
| Shareholders' equity | €5.9m | €3.3m | €3.0m | €2.3m | €2.3m | €2.9m | €3.5m | €4.1m | €4.9m | €5.0m |
| Shares outstanding | 35m | 27m | 27m | 27m | 27m | 27m | 27m | 27m | 27m | 27m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −€836,023 | €3.5m | €562,816 | €185,565 | −€21,812 | −€277,746 | −€501,015 | €34,451 | −€498,311 | −€610,190 |
| Capital spending | −€1.5m | −€1.2m | −€1.4m | −€886,960 | −€259,707 | −€82,355 | −€72,945 | −€9,514 | −€283,809 | −€892,399 |
| Free cash flow | −€2.3m | €2.3m | −€790,694 | −€701,395 | −€281,519 | −€360,101 | −€573,960 | €24,937 | −€782,120 | −€1.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €13.9m | €7.0m | €12.4m | €6.2m | €4.3m | €4.3m | €5.0m | €5.0m |
| Operating income | €2.6m | €1.3m | €480,204 | €218,005 | €785,541 | €785,541 | €574,399 | €574,399 |
| Net income | €1.8m | €897,523 | −€114,845 | −€57,421 | €349,638 | €349,638 | €186,132 | €186,132 |
| Diluted earnings per share | 0.05 | 0.03 | -0.00 | -0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| Cash from operations | −€2.0m | −€1.0m | — | — | — | — | €2.0m | €1.0m |
| Capital spending | −€1.0m | — | −€1.0m | — | — | — | — | — |
| Free cash flow | −€3.0m | — | — | — | — | — | — | — |
| Total assets | €38.4m | €38.4m | €31.4m | €31.2m | €18.9m | €18.9m | €19.1m | €19.1m |
| Cash and short-term investments | €3.8m | €3.7m | €6.5m | €6.2m | €3.0m | €3.0m | €4.4m | €4.4m |
| Debt | €5.2m | €3.4m | €8.5m | €7.8m | €4.5m | €4.5m | €6.0m | €3.6m |
| Shareholders' equity | €13.2m | €13.2m | €5.9m | €5.9m | €4.0m | €4.0m | €3.3m | €3.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 48.2% | 48.5% | 10.7% |
| Operating income | 69.6% | — | — |
| Net income | 378.1% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 10.1% | 9.8% | 7.7% | 3.4% |
| Net margin | 2.5% | 2.9% | 0.4% | -3.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 74.6 | 103.5 | 26.3 | — | -19.1 | -11.4 | -7.4 | -10.3 | -78.2 | -23.9 |
| Price to sales | 2.1 | 2.2 | 1.6 | 2.2 | 4.1 | 2.6 | 2.3 | 2.1 | 3.0 | 2.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 18 Jul 2005.
| FY2005 | FY2004 | FY2003 | FY2002 | FY2001 | |
|---|---|---|---|---|---|
| Paid in the year | 0.004 | 0.012 | 0.003 | 0.062 | 0.138 |
- 4-for-1 split · 26 Feb 2014
- 4-to-1 reverse split · 10 Sept 2010
- 2-for-1 split · 12 Feb 2002
- 4-for-1 split · 5 Oct 2000
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.