Cash flow CeoTronics AG

Stocks

CEK

DE0005407407

Communications & Networking

Real-time Estimate Tradegate 13:00:27 03/09/2026 +04			5-day change	1st Jan Change
10.80 ^EUR	0.00%		+1.90%	-17.05%

08-20	Ceotronics Lands EUR2 Million Cables Order from Military Customer	MT
08-20	CeoTronics AG Receives Order from European Military Customer for CT-ComLink Adapter Cables and Accessories Worth EUR 1.6 Million	CI

2b26e3043b86ed4b2f3.UgzXpsLavw-meW3MdqOVqoGmsXIYLjfw36S4-e80Jwc.H2K9xZSR8GLzDT-vNe7RmNj_xh1RVGeB6ZPpl44Da31ieOLB777NV9A7VQ

Published financial data: CEOTRONICS AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: May	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Revenues	26.56M	29.12M	30.08M	29.63M	55.8M
Total Revenues	26.56M	29.12M	30.08M	29.63M	55.8M
Cost of Goods Sold, Total	13.96M	14.83M	15.59M	15.78M	33M
Gross Profit	12.6M	14.29M	14.49M	13.85M	22.79M
Selling General & Admin Expenses, Total	6.52M	7.36M	7.56M	7.86M	9.61M
R&D Expenses	2.75M	3.6M	3.82M	3.64M	5M
Other Operating Expenses	-110K	-14K	-770K	-249K	257K
Other Operating Expenses, Total	9.16M	10.95M	10.61M	11.25M	14.86M
Operating Income	3.44M	3.34M	3.88M	2.61M	7.93M
Interest Expense, Total	-193K	-167K	-263K	-585K	-877K
Interest And Investment Income	-	-	-	1K	22K
Net Interest Expenses	-193K	-167K	-263K	-584K	-855K
Currency Exchange Gains (Loss)	-194K	269K	-3K	-92K	-142K
EBT, Excl. Unusual Items	3.05M	3.44M	3.61M	1.93M	6.94M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
EBT, Incl. Unusual Items	3.05M	3.44M	3.61M	1.93M	6.94M
Income Tax Expense	949K	939K	1.08M	680K	2.2M
Earnings From Continuing Operations	2.1M	2.51M	2.53M	1.25M	4.74M
Net Income to Company	2.1M	2.51M	2.53M	1.25M	4.74M
Net Income - (IS)	2.1M	2.51M	2.53M	1.25M	4.74M
Net Income to Common Incl Extra Items	2.1M	2.51M	2.53M	1.25M	4.74M
Net Income to Common Excl. Extra Items	2.1M	2.51M	2.53M	1.25M	4.74M
Per Share Items
Net EPS - Basic	0.32	0.38	0.38	0.18	0.6
Basic EPS - Continuing Operations	0.32	0.38	0.38	0.18	0.6
Basic Weighted Average Shares Outstanding	6.56M	6.59M	6.66M	6.96M	7.95M
Net EPS - Diluted	0.32	0.38	0.38	0.18	0.6
Diluted EPS - Continuing Operations	0.32	0.38	0.38	0.18	0.6
Diluted Weighted Average Shares Outstanding	6.56M	6.59M	6.66M	6.96M	7.95M
Normalized Basic EPS	0.29	0.33	0.34	0.17	0.55
Normalized Diluted EPS	0.29	0.33	0.34	0.17	0.55
Dividend Per Share	0.12	0.15	0.15	0.15	0.2
Payout Ratio	-	31.6	39.15	79.2	22.98
Supplemental Items
EBITDA	4.53M	4.56M	4.71M	3.43M	8.86M
EBITA	3.44M	4.07M	4.13M	2.83M	8.12M
EBIT	3.44M	3.34M	3.88M	2.61M	7.93M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	31.14	27.26	30.02	35.23	31.67
Current Domestic Taxes	-	-	-	-	-
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	-	1.22M	1.12M	696K	2.28M
Total Deferred Taxes	-	-279K	-31K	-16K	-84K
Normalized Net Income	1.9M	2.15M	2.26M	1.21M	4.33M
Supplemental Operating Expense Items
Selling and Marketing Expenses	4.77M	5.22M	5.37M	5.47M	6.62M
General and Administrative Expenses	1.76M	2.14M	2.18M	2.38M	2.98M
Research And Development Expense From Footnotes	2.75M	3.6M	3.82M	3.64M	5M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-

Fiscal Period: May	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Cash And Equivalents	105K	190K	1.44M	692K	4.76M
Total Cash And Short Term Investments	105K	190K	1.44M	692K	4.76M
Accounts Receivable, Total	1.35M	2.39M	1.46M	8.14M	5.3M
Other Receivables	-	-	-	-	-
Total Receivables	1.35M	2.39M	1.46M	8.14M	5.3M
Inventory	9.3M	12.28M	13.1M	21.72M	19.15M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	402K	989K	416K	238K	236K
Total Current Assets	11.16M	15.85M	16.42M	30.8M	29.44M
Gross Property Plant And Equipment	11.82M	13.73M	14.5M	15.06M	16.8M
Accumulated Depreciation	-6.12M	-6.61M	-7.18M	-7.78M	-8.53M
Net Property Plant And Equipment	5.7M	7.13M	7.32M	7.27M	8.26M
Goodwill	0	0	0	0	0
Other Intangibles, Total	5.28M	5.12M	4.84M	4.77M	4.17M
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	1.88M	650K	785K	983K	728K
Total Assets	24.02M	28.75M	29.36M	43.82M	42.6M
Liabilities
Accounts Payable, Total	1.03M	1.36M	1.38M	1.63M	1.51M
Accrued Expenses, Total	193K	1.94M	1.84M	1.7M	2.68M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	1.97M	4.22M	4.1M	15.54M	4.51M
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	250K	906K	610K	623K	1.52M
Unearned Revenue Current, Total	288K	339K	384K	116K	145K
Other Current Liabilities	-	84K	325K	269K	203K
Total Current Liabilities	3.72M	8.86M	8.65M	19.88M	10.57M
Long-Term Debt	3.85M	2.89M	2.19M	2.83M	2.52M
Long-Term Leases	-	-	-	-	-
Deferred Tax Liability Non Current	648K	927K	958K	942K	859K
Other Non Current Liabilities	1.53M	364K	321K	273K	301K
Total Liabilities	9.75M	13.04M	12.12M	23.92M	14.25M
Common Stock, Total	6.6M	6.6M	6.6M	7.26M	7.98M
Additional Paid In Capital	2.36M	2.36M	2.36M	4.06M	8.03M
Retained Earnings	5.61M	7.32M	8.86M	9.12M	12.77M
Comprehensive Income and Other	-306K	-570K	-579K	-544K	-418K
Total Common Equity	14.26M	15.71M	17.24M	19.9M	28.36M
Total Equity	14.26M	15.71M	17.24M	19.9M	28.36M
Total Liabilities And Equity	24.02M	28.75M	29.36M	43.82M	42.6M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.6M	6.6M	6.6M	7.26M	7.98M
ECS Total Common Shares Outstanding	6.6M	6.6M	6.6M	7.26M	7.98M
Book Value / Share	2.16	2.38	2.61	2.74	3.55
Tangible Book Value	8.98M	10.59M	12.4M	15.13M	24.19M
Tangible Book Value Per Share	1.36	1.6	1.88	2.08	3.03
Total Debt	5.82M	7.11M	6.3M	18.37M	7.04M
Net Debt	5.71M	6.92M	4.85M	17.67M	2.27M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	4K	9K	13K	8K	13K
Inventories - Work In Process, Total	6.89M	9.05M	10.66M	20.22M	16.54M
Inventories - Finished Goods, Total	2.38M	2.17M	1.62M	1.47M	2.16M
Inventories - Others	31K	1.06M	799K	28K	427K
Land - (BS)	6.03M	7.39M	7.42M	7.43M	7.43M
Machinery, Total	5.79M	6.34M	7.07M	7.63M	9.37M
Full Time Employees	129	122	126	128	136
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-
Order Backlog	17.14M	16.82M	7.56M	70.94M	60.12M

Fiscal Period: May	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	2.1M	2.51M	2.53M	1.25M	4.74M
Depreciation & Amortization - CF	1.09M	487K	575K	606K	747K
Amortization of Goodwill and Intangible Assets - (CF)	-	726K	252K	222K	183K
Depreciation & Amortization, Total	1.09M	1.21M	827K	828K	930K
Amortization of Deferred Charges, Total - (CF)	-	-	563K	549K	689K
(Gain) Loss From Sale Of Asset	-	5K	21K	-	557K
Asset Writedown & Restructuring Costs	-	-	-	-	-
Other Operating Activities, Total	1.32M	835K	-13K	466K	1.79M
Change In Accounts Receivable	-	-	-	-	-
Change In Inventories	1.57M	-4.58M	578K	-14.95M	5.27M
Change In Accounts Payable	-1.18M	533K	457K	365K	-841K
Change In Income Taxes	-	-	-	-	-
Change In Deferred Taxes	-	-	-	-	-
Change in Other Net Operating Assets	146K	523K	-292K	-630K	1.68M
Cash from Operations	5.04M	1.04M	4.67M	-12.12M	14.82M
Capital Expenditure	-1.84M	-755K	-813K	-782K	-1.78M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-880K	-540K	-533K	-704K	-377K
Other Investing Activities, Total	-	-	-	1K	22K
Cash from Investing	-2.72M	-1.3M	-1.35M	-1.48M	-2.14M
Long-Term Debt Issued, Total	2.84M	2.5M	655K	2.36M	1.64M
Total Debt Issued	2.84M	2.5M	655K	2.36M	1.64M
Long-Term Debt Repaid, Total	-3.24M	-1M	-1.49M	-948K	-6.09M
Total Debt Repaid	-3.24M	-1M	-1.49M	-948K	-6.09M
Issuance of Common Stock	-	-	-	6.85M	4.69M
Common Dividends Paid	-	-792K	-990K	-990K	-1.09M
Common & Preferred Stock Dividends Paid	-	-792K	-990K	-990K	-1.09M
Other Financing Activities, Total	-193K	-167K	-263K	-585K	-877K
Cash from Financing	-592K	538K	-2.09M	6.68M	-1.73M
Foreign Exchange Rate Adjustments	-1K	3K	-	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	1.73M	286K	1.24M	-6.92M	10.95M
Supplemental Items
Cash Interest Paid	193K	167K	263K	585K	877K
Cash Income Tax Paid (Refund)	11K	3K	1.35M	815K	1.38M
Levered Free Cash Flow	1.28M	-1.05M	2.9M	-14.18M	11M
Unlevered Free Cash Flow	1.4M	-948K	3.06M	-13.81M	11.55M
Change In Net Working Capital	-885K	2.96M	-594K	15.33M	-7.13M
Net Debt Issued / Repaid	-399K	1.5M	-835K	1.41M	-4.46M

Fiscal Period: May	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	8.9	7.92	8.35	4.45	11.47
Return on Total Capital	10.68	9.74	10.46	5.27	13.46
Return On Equity %	16	16.72	15.35	6.73	19.64
Return on Common Equity	16	16.72	15.35	6.73	19.64
Margin Analysis
Gross Profit Margin %	47.44	49.07	48.16	46.75	40.85
SG&A Margin	24.56	25.28	25.12	26.51	17.22
EBITDA Margin %	17.05	15.64	15.65	11.59	15.88
EBITA Margin %	12.93	13.97	13.74	9.54	14.54
EBIT Margin %	12.93	11.48	12.9	8.79	14.22
Income From Continuing Operations Margin %	7.9	8.6	8.41	4.22	8.49
Net Income Margin %	7.9	8.6	8.41	4.22	8.49
Net Avail. For Common Margin %	7.9	8.6	8.41	4.22	8.49
Normalized Net Income Margin	7.17	7.39	7.51	4.07	7.77
Levered Free Cash Flow Margin	4.82	-3.61	9.64	-47.85	19.72
Unlevered Free Cash Flow Margin	5.28	-3.25	10.18	-46.62	20.7
Asset Turnover
Asset Turnover	1.1	1.1	1.04	0.81	1.29
Fixed Assets Turnover	4.75	4.54	4.17	4.06	7.18
Receivables Turnover (Average Receivables)	11.08	15.57	15.62	6.17	8.3
Inventory Turnover (Average Inventory)	1.55	1.37	1.23	0.91	1.62
Short Term Liquidity
Current Ratio	3	1.79	1.9	1.55	2.79
Quick Ratio	0.39	0.29	0.34	0.44	0.95
Operating Cash Flow to Current Liabilities	1.35	0.12	0.54	-0.61	1.4
Days Sales Outstanding (Average Receivables)	32.94	23.44	23.37	59.35	43.97
Days Outstanding Inventory (Average Inventory)	236.24	265.58	297.02	403.85	226
Average Days Payable Outstanding	36.74	24.47	30.54	22.62	18.85
Cash Conversion Cycle (Average Days)	232.44	264.54	289.84	440.58	251.12
Long Term Solvency
Total Debt/Equity	40.79	45.28	36.52	92.31	24.81
Total Debt / Total Capital	28.97	31.17	26.75	48	19.88
LT Debt/Equity	26.99	18.4	12.71	14.22	8.89
Long-Term Debt / Total Capital	19.17	12.67	9.31	7.4	7.12
Total Liabilities / Total Assets	40.61	45.36	41.29	54.6	33.44
EBIT / Interest Expense	17.8	20.02	14.75	4.45	9.04
EBITDA / Interest Expense	23.46	27.28	17.9	5.87	10.1
(EBITDA - Capex) / Interest Expense	13.91	22.76	14.81	4.53	8.07
Total Debt / EBITDA	1.28	1.56	1.34	5.35	0.79
Net Debt / EBITDA	1.26	1.52	1.03	5.15	0.26
Total Debt / (EBITDA - Capex)	2.17	1.87	1.62	6.93	0.99
Net Debt / (EBITDA - Capex)	2.13	1.82	1.25	6.66	0.32
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.42	9.66	3.29	-1.49	88.29
Gross Profit, 1 Yr. Growth %	12.78	13.45	1.36	-4.37	64.52
EBITDA, 1 Yr. Growth %	35.5	0.82	3.31	-34.84	122.5
EBITA, 1 Yr. Growth %	37.34	18.73	23.6	-27.11	211.4
EBIT, 1 Yr. Growth %	37.34	-2.45	16.06	-32.84	204.37
Earnings From Cont. Operations, 1 Yr. Growth %	28.38	19.39	0.92	-50.57	279.12
Net Income, 1 Yr. Growth %	28.38	19.39	0.92	-50.57	279.12
Normalized Net Income, 1 Yr. Growth %	34.81	13.02	4.91	-46.6	259.33
Diluted EPS Before Extra, 1 Yr. Growth %	28	18.75	0	-52.71	231.81
Accounts Receivable, 1 Yr. Growth %	-60.67	76.42	-38.63	455.97	-34.95
Inventory, 1 Yr. Growth %	6.05	32.06	6.62	65.88	-11.86
Net Property, Plant and Equip., 1 Yr. Growth %	3.9	25.03	2.62	-0.57	13.63
Total Assets, 1 Yr. Growth %	-0.82	19.73	2.13	49.23	-2.77
Tangible Book Value, 1 Yr. Growth %	30.16	17.82	17.12	22.03	59.88
Common Equity, 1 Yr. Growth %	19.13	10.16	9.74	15.39	42.54
Cash From Operations, 1 Yr. Growth %	220.05	-79.38	349.04	-359.53	-222.29
Capital Expenditures, 1 Yr. Growth %	328.37	-59.01	7.68	-3.81	128.01
Levered Free Cash Flow, 1 Yr. Growth %	-152.62	-141.98	-375.53	-589.16	-177.6
Unlevered Free Cash Flow, 1 Yr. Growth %	-161.38	-136.07	-423.23	-550.97	-183.62
Dividend Per Share, 1 Yr. Growth %	-	25	0	0	33.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	25.29	9.04	6.43	0.87	36.19
Gross Profit, 2 Yr. CAGR %	28.32	13.11	7.24	-1.54	25.43
EBITDA, 2 Yr. CAGR %	108.04	16.78	2.06	-13.18	29.68
EBITA, 2 Yr. CAGR %	156.77	27.55	9.81	-8.02	44.62
EBIT, 2 Yr. CAGR %	156.77	15.61	6.4	-11.71	42.98
Earnings From Cont. Operations, 2 Yr. CAGR %	156.92	23.8	9.77	-29.37	36.89
Net Income, 2 Yr. CAGR %	156.92	23.8	9.77	-29.37	36.89
Normalized Net Income, 2 Yr. CAGR %	170.36	23.44	8.89	-25.15	38.53
Diluted EPS Before Extra, 2 Yr. CAGR %	152.98	23.29	8.97	-31.24	25.26
Accounts Receivable, 2 Yr. CAGR %	-31.82	-16.7	4.06	84.72	90.17
Inventory, 2 Yr. CAGR %	18.58	18.35	18.66	32.99	20.91
Net Property, Plant and Equip., 2 Yr. CAGR %	4.77	13.98	13.27	1.01	6.29
Total Assets, 2 Yr. CAGR %	6.8	8.97	10.58	23.45	20.45
Tangible Book Value, 2 Yr. CAGR %	15.15	23.84	17.47	19.55	39.68
Common Equity, 2 Yr. CAGR %	17.39	14.56	9.95	12.53	28.25
Cash From Operations, 2 Yr. CAGR %	99.21	-18.77	-3.78	241.38	78.15
Capital Expenditures, 2 Yr. CAGR %	134.14	32.51	-33.56	1.77	48.09
Levered Free Cash Flow, 2 Yr. CAGR %	37.25	-34.27	7.54	267.12	94.83
Unlevered Free Cash Flow, 2 Yr. CAGR %	58.03	-35.59	7.98	281.79	94.19
Dividend Per Share, 2 Yr. CAGR %	-	-	11.8	0	15.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	14.6	19.85	7.09	3.72	24.2
Gross Profit, 3 Yr. CAGR %	19.84	23.16	9.05	3.22	16.83
EBITDA, 3 Yr. CAGR %	290.54	63.31	12.1	-8.75	24.83
EBITA, 3 Yr. CAGR %	97.63	98.4	18.22	-6.2	34.4
EBIT, 3 Yr. CAGR %	97.63	85.82	15.76	-8.72	33.38
Earnings From Cont. Operations, 3 Yr. CAGR %	114.73	99	15.65	-15.87	23.66
Net Income, 3 Yr. CAGR %	114.73	99	15.65	-15.87	23.66
Normalized Net Income, 3 Yr. CAGR %	65.78	102.15	16.92	-14.13	26.27
Diluted EPS Before Extra, 3 Yr. CAGR %	120.13	96.61	14.98	-17.5	16.2
Accounts Receivable, 3 Yr. CAGR %	-23.29	-6.4	-24.76	81.91	30.44
Inventory, 3 Yr. CAGR %	13.59	22.91	14.3	32.68	15.95
Net Property, Plant and Equip., 3 Yr. CAGR %	1.33	11.13	10.06	8.46	5.05
Total Assets, 3 Yr. CAGR %	5.37	10.95	6.64	22.2	14.01
Tangible Book Value, 3 Yr. CAGR %	0.96	16.03	21.55	18.97	31.71
Common Equity, 3 Yr. CAGR %	9.84	14.93	12.93	11.73	21.76
Cash From Operations, 3 Yr. CAGR %	243	-6.47	43.63	33.94	142.45
Capital Expenditures, 3 Yr. CAGR %	89.66	30.98	23.65	-24.84	33.17
Levered Free Cash Flow, 3 Yr. CAGR %	-7.61	15.65	5.98	78.19	118.69
Unlevered Free Cash Flow, 3 Yr. CAGR %	-2.77	19.07	10.28	73.89	130.14
Dividend Per Share, 3 Yr. CAGR %	-	-	-	7.72	10.06
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	8.67	8.19	11.26	11.86	17.9
Gross Profit, 5 Yr. CAGR %	9.82	9.67	14.63	12.61	15.33
EBITDA, 5 Yr. CAGR %	116.13	19.34	128.24	26.84	21.54
EBITA, 5 Yr. CAGR %	38.5	24.93	56.16	40.26	26.54
EBIT, 5 Yr. CAGR %	38.5	20.12	54.2	37.98	25.97
Earnings From Cont. Operations, 5 Yr. CAGR %	28.55	14.85	64.18	31.49	23.72
Net Income, 5 Yr. CAGR %	28.55	14.85	64.18	31.49	23.72
Normalized Net Income, 5 Yr. CAGR %	28.74	23.3	40.12	35.86	25.13
Diluted EPS Before Extra, 5 Yr. CAGR %	28.88	14.87	66.16	29.15	18.99
Accounts Receivable, 5 Yr. CAGR %	-15.4	-5.72	-13.34	22.85	9.02
Inventory, 5 Yr. CAGR %	8.58	15.51	15.59	26.85	16.9
Net Property, Plant and Equip., 5 Yr. CAGR %	0.19	4.98	5.95	6.97	8.54
Total Assets, 5 Yr. CAGR %	6.01	8.71	7.42	15.79	11.96
Tangible Book Value, 5 Yr. CAGR %	-1.34	1.5	7.27	17.43	28.5
Common Equity, 5 Yr. CAGR %	7.14	6.95	9.88	13.96	18.82
Cash From Operations, 5 Yr. CAGR %	27.83	-14.33	106.29	56.99	56.55
Capital Expenditures, 5 Yr. CAGR %	38.38	14.12	24.67	18.41	32.9
Levered Free Cash Flow, 5 Yr. CAGR %	5.45	60.35	12.28	83.57	35.21
Unlevered Free Cash Flow, 5 Yr. CAGR %	5.01	36.01	14.97	89.76	38.29
Dividend Per Share, 5 Yr. CAGR %	-	24.57	-	-	-