U 
2.93
-1.35%
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
€109.5m
FY2017FY2025
Net income
€7.0m
FY2017FY2025
Free cash flow
€9.9m
FY2017FY2025
Shareholders' equity
€86.7m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | €109.5m | €101.3m | €93.3m | €51.3m | €36.5m | €22.8m | €12.9m | €11.4m | €10.3m |
| Research and development | — | — | €891,549 | €298,478 | €106,177 | €78,498 | €331,315 | €148,118 | €99,443 |
| Operating income | €14.8m | €15.9m | €12.3m | €10.7m | €8.8m | €5.0m | €2.0m | €2.3m | €1.8m |
| Net income | €7.0m | €8.6m | €6.7m | €7.5m | €7.8m | €3.4m | €1.4m | €1.6m | €1.2m |
| Diluted earnings per share | 0.23 | 0.27 | 0.22 | 0.30 | 3.20 | 1.38 | 0.06 | 0.07 | 0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | €213.7m | €186.2m | €183.9m | €101.6m | €78.2m | €64.2m | €43.0m | €19.0m | €14.9m |
| Cash and short-term investments | €25.2m | €4.9m | €13.1m | €12.7m | €8.4m | €11.3m | €1.8m | €1.4m | €1.6m |
| Total liabilities | €127.0m | €113.2m | €119.3m | €64.6m | €49.2m | €42.8m | €30.7m | €13.3m | €10.7m |
| Debt | €62.9m | €50.1m | €62.0m | €22.3m | €11.8m | €9.1m | €6.3m | €2.5m | €1.8m |
| Shareholders' equity | €86.7m | €73.0m | €64.6m | €36.9m | €29.0m | €21.4m | €12.3m | €5.7m | €4.1m |
| Shares outstanding | 30m | 31m | 30m | 25m | 2m | 2m | 24m | 24m | 30m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €17.5m | €23.4m | €18.9m | €6.8m | €8.6m | €12.7m | €8.5m | €3.4m | €2.8m |
| Capital spending | −€7.6m | −€8.7m | −€17.5m | −€11.2m | −€13.9m | −€10.7m | −€7.9m | −€4.3m | −€2.8m |
| Free cash flow | €9.9m | €14.7m | €1.4m | −€4.4m | −€5.3m | €2.0m | €691,508 | −€843,000 | €28,000 |
| Dividends paid | −€302,584 | −€303,492 | −€306,126 | −€246,465 | −€246,464 | −€246,464 | −€246,464 | — | — |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Sept 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €60.0m | €48.6m | €52.1m | €49.2m | €49.8m | €22.8m | €41.7m | €20.9m |
| Operating income | €8.0m | €6.0m | €9.0m | €7.4m | €6.7m | €22.8m | €5.1m | €2.5m |
| Net income | €2.9m | €4.1m | €5.0m | €3.6m | €4.3m | €2.1m | €2.4m | €1.2m |
| Diluted earnings per share | 0.10 | 0.14 | 0.16 | 0.11 | 0.14 | 0.07 | 0.08 | 0.04 |
| Cash from operations | €8.0m | €9.0m | €16.0m | €7.0m | €10.0m | €2.0m | €13.0m | €6.0m |
| Capital spending | −€4.0m | −€3.0m | −€4.0m | −€4.0m | −€6.0m | −€3.0m | −€15.0m | −€3.0m |
| Free cash flow | €4.0m | €6.0m | €12.0m | €3.0m | €4.0m | −€1.0m | −€2.0m | €3.0m |
| Total assets | €213.7m | €203.9m | €186.2m | €176.6m | €183.9m | €182.1m | €182.7m | €182.7m |
| Cash and short-term investments | €25.2m | €27.5m | €4.9m | €8.7m | €13.1m | €10.1m | €12.4m | €12.3m |
| Debt | €62.9m | €63.3m | €48.9m | €54.9m | €61.0m | €54.9m | €62.1m | €9.7m |
| Shareholders' equity | €86.7m | €83.4m | €73.0m | €68.4m | €64.6m | €65.7m | €61.7m | €61.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 28.7% | 36.9% | — |
| Operating income | 11.4% | 24.4% | — |
| Net income | -2.3% | 15.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 12.4 | 10.9 | 17.9 | 15.4 | 1.8 | 1.4 |
| Price to sales | 0.8 | 0.9 | 1.3 | 2.3 | 0.4 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 19 May 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 0.01 | 0.01 | 0.01 | 0.01 |
- 10-for-1 split · 18 Dec 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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