Cash flow Asmodee Deutsche Boerse AG

Stocks

2EX

SE0023615638

Toys & Juvenile Products

Market Closed - Deutsche Boerse AG 02:13:28 2026-09-18 EDT			5-day change	1st Jan Change
14.67 ^EUR	-1.08%		+1.95%	+50.15%

09-17	12 stocks have so far today posted a new 52-week high on the Stockholm Stock Exchange	FW
09-17	Mildef and Vitec are Swedbank's new small-cap favorites, Asker and Logistea are dropped	FW

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Published financial data: ASMODEE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2023 (EUR)	2024 (EUR)	2025 (EUR)	2026 (EUR)
Revenues	1.22B	1.29B	1.37B	1.68B
Total Revenues	1.22B	1.29B	1.37B	1.68B
Cost of Goods Sold, Total	664M	758M	757M	969M
Gross Profit	551M	530M	612M	715M
Selling General & Admin Expenses, Total	203M	201M	204M	231M
Depreciation & Amortization - (IS)	103M	103M	81.14M	78.06M
Other Operating Expenses	169M	162M	214M	197M
Other Operating Expenses, Total	476M	467M	499M	506M
Operating Income	75.96M	63.11M	113M	209M
Interest Expense, Total	-41.92M	-32.72M	-80.8M	-41.13M
Net Interest Expenses	-41.92M	-32.72M	-80.8M	-41.13M
Income (Loss) On Equity Invest.	-140K	-1.19M	2.16M	-1.2M
Currency Exchange Gains (Loss)	-23.54M	-897K	-2.32M	-1.82M
Other Non Operating Income (Expenses)	106M	98.64M	-8.48M	-55.75M
EBT, Excl. Unusual Items	116M	127M	23.82M	109M
Merger & Related Restructuring Charges	-1.65M	-1M	-8.09M	-12.86M
Impairment of Goodwill	-	-279M	-	-
Gain (Loss) On Sale Of Assets	-100K	-7.68M	-296K	-2.59M
Asset Writedown	-8K	-485M	9.24M	-23.6M
EBT, Incl. Unusual Items	115M	-646M	24.68M	69.91M
Income Tax Expense	6.24M	-105M	19.99M	42.21M
Earnings From Continuing Operations	108M	-541M	4.7M	27.7M
Net Income to Company	108M	-541M	4.7M	27.7M
Net Income - (IS)	108M	-541M	4.7M	27.7M
Net Income to Common Incl Extra Items	108M	-541M	4.7M	27.7M
Net Income to Common Excl. Extra Items	108M	-541M	4.7M	27.7M
Per Share Items
Net EPS - Basic	1.12	-5.61	0.03	0.12
Basic EPS - Continuing Operations	1.12	-5.61	0.03	0.12
Basic Weighted Average Shares Outstanding	96.4M	96.4M	171M	234M
Net EPS - Diluted	1.12	-5.61	0.03	0.12
Diluted EPS - Continuing Operations	1.12	-5.61	0.03	0.12
Diluted Weighted Average Shares Outstanding	96.4M	96.4M	171M	234M
Normalized Basic EPS	0.75	0.82	0.09	0.29
Normalized Diluted EPS	0.75	0.82	0.09	0.29
Dividend Per Share	-	-	-	0.17
Payout Ratio	-	-	18.99K	-
Supplemental Items
EBITDA	153M	139M	169M	264M
EBITA	150M	135M	164M	259M
EBIT	75.96M	63.11M	113M	209M
EBITDAR	159M	143M	172M	265M
Effective Tax Rate - (Ratio)	5.45	16.27	80.96	60.37
Total Current Taxes	21.25M	21.5M	32.96M	56.15M
Total Deferred Taxes	-15M	-127M	-12.97M	-13.94M
Normalized Net Income	72.67M	79.34M	14.89M	68.11M
Interest on Long-Term Debt	1.7M	1.92M	24.21M	40.82M
Non-Cash Pension Expense	1.83M	2.3M	2.64M	3.14M
Supplemental Operating Expense Items
Marketing Expenses	38.44M	34.51M	44.01M	56.94M
Selling and Marketing Expenses	38.44M	34.51M	44.01M	56.94M
Research And Development Expense From Footnotes	-	-	10.11M	8.74M
Net Rental Expense, Total	6.31M	4.28M	2.39M	829K
Imputed Operating Lease Interest Expense	-	14.61M	3.98M	393K
Imputed Operating Lease Depreciation	-	-10.33M	-1.59M	436K

Fiscal Period: March	2023 (EUR)	2024 (EUR)	2025 (EUR)	2026 (EUR)
Assets
Cash And Equivalents	103M	99.44M	286M	437M
Short Term Investments	656K	4.11M	-	-
Trading Asset Securities, Total	8K	5K	-	-
Total Cash And Short Term Investments	104M	104M	286M	437M
Accounts Receivable, Total	155M	159M	196M	212M
Other Receivables	37.55M	21.16M	28.36M	21.52M
Total Receivables	192M	180M	224M	234M
Inventory	297M	222M	225M	249M
Other Current Assets, Total	17.25M	18.85M	38.06M	36.62M
Total Current Assets	611M	524M	774M	956M
Gross Property Plant And Equipment	72.62M	93M	94.69M	95.14M
Accumulated Depreciation	-22.88M	-23.68M	-24.97M	-25.27M
Net Property Plant And Equipment	49.73M	69.32M	69.72M	69.88M
Long-term Investments	10.8M	9.06M	1.2M	-
Goodwill	1.46B	1.18B	1.18B	1.18B
Other Intangibles, Total	1.73B	1.18B	1.13B	1.03B
Deferred Tax Assets Long-Term	9.14M	5.86M	5.83M	8.95M
Deferred Charges Long-Term	19.13M	18.74M	21.86M	23.89M
Other Long-Term Assets, Total	-	-	3.78M	2.41M
Total Assets	3.89B	2.99B	3.19B	3.27B
Liabilities
Accounts Payable, Total	133M	137M	193M	224M
Accrued Expenses, Total	37.05M	35.6M	46.27M	56.51M
Current Portion of Long-Term Debt	19.14M	20.6M	14.16M	10.81M
Current Portion of Leases	9.75M	10.09M	9.98M	11.6M
Current Income Taxes Payable	16.04M	5.65M	16.88M	19.3M
Other Current Liabilities	42.98M	104M	129M	185M
Total Current Liabilities	258M	313M	410M	508M
Long-Term Debt	19.79M	8.75M	628M	630M
Long-Term Leases	24.14M	41.01M	42.73M	42.42M
Pension & Other Post Retirement Benefits	982K	1.04M	1.32M	1.47M
Deferred Tax Liability Non Current	357M	228M	214M	195M
Other Non Current Liabilities	1.05B	102M	6.97M	10.53M
Total Liabilities	1.71B	694M	1.3B	1.39B
Common Stock, Total	2K	2K	78K	78K
Additional Paid In Capital	2.13B	2.8B	3.33B	3.33B
Retained Earnings	27.74M	-529M	-1.45B	-1.42B
Comprehensive Income and Other	24.19M	27.31M	-812K	-26.56M
Total Common Equity	2.18B	2.29B	1.88B	1.89B
Total Equity	2.18B	2.29B	1.88B	1.89B
Total Liabilities And Equity	3.89B	2.99B	3.19B	3.27B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	96.4M	234M	234M	237M
ECS Total Common Shares Outstanding	96.4M	-	234M	237M
Book Value / Share	22.61	-	8.06	7.97
Tangible Book Value	-1.01B	-66.28M	-427M	-326M
Tangible Book Value Per Share	-10.49	-	-1.83	-1.38
Total Debt	72.81M	80.46M	695M	694M
Net Debt	-30.88M	-23.1M	409M	258M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	1.03M	1.68M
Debt Equivalent Oper. Leases	50.5M	34.22M	19.12M	6.63M
Equity Method Investments, Total	190K	-	1.2M	-
Account Code - Inventory Valuation	-	6	6	6
Inventories - Raw Materials, Total	545K	842K	716K	796K
Inventories - Work In Process, Total	4.02M	3.41M	4.6M	4.14M
Inventories - Finished Goods, Total	293M	218M	220M	244M
Land - (BS)	711K	1.38M	1.56M	-
Machinery, Total	9.33M	14.18M	24.22M	29.22M
Full Time Employees	-	2.2K	2.3K	2.38K
Accumulated Allowance for Doubtful Accounts (Supple)	8.74M	9.06M	9.11M	8.28M

Fiscal Period: March	2023 (EUR)	2024 (EUR)	2025 (EUR)	2026 (EUR)
Net Income	108M	-541M	4.7M	27.7M
Depreciation & Amortization - CF	13.74M	16.2M	17.08M	16.93M
Amortization of Goodwill and Intangible Assets - (CF)	73.82M	72.38M	51.2M	49.94M
Depreciation & Amortization, Total	87.57M	88.58M	68.29M	66.87M
Amortization of Deferred Charges, Total - (CF)	15.4M	17.36M	12.85M	11.2M
(Gain) Loss From Sale Of Asset	100K	7.68M	-69K	2.38M
Asset Writedown & Restructuring Costs	8K	762M	-9.24M	23.6M
(Income) Loss On Equity Investments - (CF)	140K	1.19M	-2.16M	1.2M
Other Operating Activities, Total	-54.74M	-203M	82.35M	98.2M
Change In Accounts Receivable	-2.45M	-8.12M	-21.85M	-14.18M
Change In Inventories	-52.45M	69.34M	-4M	-27.54M
Change In Accounts Payable	-42.64M	1.72M	47.22M	29.72M
Change in Other Net Operating Assets	2.76M	793K	7.82M	13.56M
Cash from Operations	61.97M	196M	186M	233M
Capital Expenditure	-11.18M	-7.89M	-5.02M	-4.67M
Sale of Property, Plant, and Equipment	405K	65K	214K	25K
Cash Acquisitions	-45.73M	-2.59M	-1.71M	-122K
Divestitures	2K	-703K	105K	-2.36M
Sale (Purchase) of Intangible assets	-16.58M	-17.23M	-12.5M	-18.44M
Investment in Marketable and Equity Securities, Total	-	-	-	-431K
Other Investing Activities, Total	-	-	-	3.89M
Cash from Investing	-73.09M	-28.35M	-18.92M	-22.11M
Long-Term Debt Issued, Total	117M	95.61M	1.87B	326M
Total Debt Issued	117M	95.61M	1.87B	326M
Long-Term Debt Repaid, Total	-54.33M	-253M	-1.26B	-349M
Total Debt Repaid	-54.33M	-253M	-1.26B	-349M
Issuance of Common Stock	-	-	400M	36K
Common Dividends Paid	-	-	-892M	-
Common & Preferred Stock Dividends Paid	-	-	-892M	-
Other Financing Activities, Total	-28.14M	-13.79M	-93.11M	-33.18M
Cash from Financing	34.27M	-171M	26.3M	-56.11M
Foreign Exchange Rate Adjustments	-934K	383K	-6.35M	-4.01M
Miscellaneous Cash Flow Adjustments	-	-159K	-	-
Net Change in Cash	22.21M	-3.59M	187M	150M
Supplemental Items
Cash Interest Paid	22.24M	7.76M	84.22M	38.69M
Cash Income Tax Paid (Refund)	29.83M	30.82M	28.88M	48.77M
Levered Free Cash Flow	-	239M	124M	229M
Unlevered Free Cash Flow	-	260M	175M	254M
Change In Net Working Capital	-	-139M	-40.42M	-68.93M
Net Debt Issued / Repaid	62.41M	-158M	612M	-22.97M

Fiscal Period: March	2023 (EUR)	2024 (EUR)	2025 (EUR)	2026 (EUR)
Profitability
Return on Assets	-	1.15	2.29	4.04
Return on Total Capital	-	1.7	2.86	5.06
Return On Equity %	-	-24.19	0.22	1.47
Return on Common Equity	-	-24.19	0.22	1.47
Margin Analysis
Gross Profit Margin %	45.38	41.13	44.71	42.46
SG&A Margin	16.73	15.63	14.87	13.72
EBITDA Margin %	12.6	10.8	12.36	15.67
EBITA Margin %	12.33	10.52	12.02	15.37
EBIT Margin %	6.25	4.9	8.28	12.41
Income From Continuing Operations Margin %	8.91	-42.03	0.34	1.65
Net Income Margin %	8.91	-42.03	0.34	1.65
Net Avail. For Common Margin %	8.91	-42.03	0.34	1.65
Normalized Net Income Margin	5.98	6.16	1.09	4.05
Levered Free Cash Flow Margin	-	18.57	9.08	13.58
Unlevered Free Cash Flow Margin	-	20.16	12.77	15.11
Asset Turnover
Asset Turnover	-	0.37	0.44	0.52
Fixed Assets Turnover	-	21.63	19.69	24.12
Receivables Turnover (Average Receivables)	-	8.21	7.67	8.25
Inventory Turnover (Average Inventory)	-	2.92	3.38	4.09
Short Term Liquidity
Current Ratio	2.37	1.68	1.89	1.88
Quick Ratio	1.15	0.91	1.25	1.32
Operating Cash Flow to Current Liabilities	0.24	0.63	0.45	0.46
Days Sales Outstanding (Average Receivables)	-	44.57	47.58	44.22
Days Outstanding Inventory (Average Inventory)	-	125.4	107.88	89.3
Average Days Payable Outstanding	-	72.3	79.17	76.84
Cash Conversion Cycle (Average Days)	-	97.67	76.29	56.68
Long Term Solvency
Total Debt/Equity	3.34	3.51	36.9	36.81
Total Debt / Total Capital	3.23	3.39	26.96	26.91
LT Debt/Equity	2.02	2.17	35.62	35.62
Long-Term Debt / Total Capital	1.95	2.09	26.02	26.04
Total Liabilities / Total Assets	43.98	23.21	40.89	42.37
EBIT / Interest Expense	1.81	1.93	1.4	5.08
EBITDA / Interest Expense	3.9	4.64	2.25	6.7
(EBITDA - Capex) / Interest Expense	3.63	4.4	2.18	6.59
Total Debt / EBITDA	0.45	0.53	3.83	2.52
Net Debt / EBITDA	-0.19	-0.15	2.25	0.93
Total Debt / (EBITDA - Capex)	0.48	0.56	3.94	2.56
Net Debt / (EBITDA - Capex)	-0.2	-0.16	2.32	0.95
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	5.96	6.3	23
Gross Profit, 1 Yr. Growth %	-	-3.97	15.56	16.8
EBITDA, 1 Yr. Growth %	-	-9.2	13.15	58.57
EBITA, 1 Yr. Growth %	-	-9.54	12.67	60.07
EBIT, 1 Yr. Growth %	-	-16.92	53.9	89.06
Earnings From Cont. Operations, 1 Yr. Growth %	-	-599.81	-100.87	489.59
Net Income, 1 Yr. Growth %	-	-599.81	-100.87	489.59
Normalized Net Income, 1 Yr. Growth %	-	9.17	-82.66	418.12
Diluted EPS Before Extra, 1 Yr. Growth %	-	-599.81	-100.49	331.89
Accounts Receivable, 1 Yr. Growth %	-	2.59	21.7	8.24
Inventory, 1 Yr. Growth %	-	-25.38	1.52	10.33
Net Property, Plant and Equip., 1 Yr. Growth %	-	39.38	0.58	0.22
Total Assets, 1 Yr. Growth %	-	-23.19	6.66	2.68
Tangible Book Value, 1 Yr. Growth %	-	-93.45	544.34	-23.63
Common Equity, 1 Yr. Growth %	-	5.28	-17.9	0.11
Cash From Operations, 1 Yr. Growth %	-	216.24	-5.13	25.17
Capital Expenditures, 1 Yr. Growth %	-	-29.4	-36.39	-6.95
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-48.53	86.58
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-33.27	46.99
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	6.13	14.34
Gross Profit, 2 Yr. CAGR %	-	-	5.35	16.18
EBITDA, 2 Yr. CAGR %	-	-	5.11	32.84
EBITA, 2 Yr. CAGR %	-	-	4.79	33.15
EBIT, 2 Yr. CAGR %	-	-	22.11	68.46
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-79.17	-77.37
Net Income, 2 Yr. CAGR %	-	-	-79.17	-77.37
Normalized Net Income, 2 Yr. CAGR %	-	-	-54.74	-10.95
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-84.37	-85.47
Accounts Receivable, 2 Yr. CAGR %	-	-	12.5	14.78
Inventory, 2 Yr. CAGR %	-	-	-12.96	5.83
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	18.4	0.4
Total Assets, 2 Yr. CAGR %	-	-	-9.49	4.65
Tangible Book Value, 2 Yr. CAGR %	-	-	-35.03	121.82
Common Equity, 2 Yr. CAGR %	-	-	-7.03	-9.34
Cash From Operations, 2 Yr. CAGR %	-	-	73.21	8.97
Capital Expenditures, 2 Yr. CAGR %	-	-	-32.99	-23.07
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-2.69
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-1.46
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	11.48
Gross Profit, 3 Yr. CAGR %	-	-	-	9.03
EBITDA, 3 Yr. CAGR %	-	-	-	19.88
EBITA, 3 Yr. CAGR %	-	-	-	19.99
EBIT, 3 Yr. CAGR %	-	-	-	40.09
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-36.51
Net Income, 3 Yr. CAGR %	-	-	-	-36.51
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-2.14
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-52.74
Accounts Receivable, 3 Yr. CAGR %	-	-	-	11.06
Inventory, 3 Yr. CAGR %	-	-	-	-5.8
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	12
Total Assets, 3 Yr. CAGR %	-	-	-	-5.6
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-31.43
Common Equity, 3 Yr. CAGR %	-	-	-	-4.71
Cash From Operations, 3 Yr. CAGR %	-	-	-	55.43
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-25.24