Income Statement CALIBRE

Stocks

ALIBR

FR0014004QR6

Recreational Products

Market Closed - Euronext Paris 11:55:00 2026-09-22 EDT			5-day change	1st Jan Change
0.000300 ^EUR	0.00%		0.00%	-

08-03	Calibre Reports Earnings Results for the Full Year Ended December 31, 2025	CI
08-02	Calibre Auditor Raises 'Going Concern' Doubt	CI

7b74.49CwMv6qbgGz2vJSC5IuFizTFmjkddMd4QdmHCrJiLY.qoH5X6foN0P_oLMRQsIeJHqefFqcGuB80EQ8Wn7--v6Rn_5BrPAeMtmptw

Published financial data: CALIBRE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Revenues	33.04M	43.33M	42.69M	44.34M	20.16M
Other Revenues, Total	-	-	901K	-1.36M	-411K
Total Revenues	33.04M	43.33M	43.6M	42.98M	19.75M
Cost of Goods Sold, Total	28.72M	32.01M	30.16M	32.01M	7.34M
Gross Profit	4.32M	11.32M	13.43M	10.97M	12.41M
Selling General & Admin Expenses, Total	3.37M	10.82M	19.92M	17.74M	14.13M
Depreciation & Amortization - (IS)	-	1.96M	1.74M	1.46M	389K
Amortization of Goodwill and Intangible Assets - (IS)	425K	-	-	-	-
Other Operating Expenses	-535K	-273K	952K	890K	626K
Other Operating Expenses, Total	3.26M	12.51M	22.6M	20.09M	15.14M
Operating Income	1.07M	-1.19M	-9.17M	-9.12M	-2.73M
Interest Expense, Total	-60K	-340K	-366K	-357K	-38K
Interest And Investment Income	-	-	-	-	364K
Net Interest Expenses	-60K	-340K	-366K	-357K	326K
Income (Loss) On Equity Invest.	-	-7K	-193K	-	-
Currency Exchange Gains (Loss)	546K	898K	816K	-96K	-510K
Other Non Operating Income (Expenses)	-6.72M	-915K	-1.1M	-1.91M	3.33M
EBT, Excl. Unusual Items	-5.17M	-1.55M	-10.01M	-11.49M	408K
Restructuring Charges	-700K	-	-	-	-
Merger & Related Restructuring Charges	-	-1.02M	-	-	-
Impairment of Goodwill	-	-	-	-2.86M	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	1.68M
Legal Settlements	-	-	-	-	-
Other Unusual Items	-1.63M	3.34M	-4.98M	-10.19M	-245K
EBT, Incl. Unusual Items	-7.5M	769K	-14.99M	-24.54M	1.84M
Income Tax Expense	-285K	502K	-286K	178K	23K
Earnings From Continuing Operations	-7.22M	267K	-14.71M	-24.72M	1.82M
Net Income to Company	-7.22M	267K	-14.71M	-24.72M	1.82M
Minority Interest	-13K	201K	96K	-1.09M	-69K
Net Income - (IS)	-7.23M	468K	-14.61M	-25.8M	1.75M
Net Income to Common Incl Extra Items	-7.23M	468K	-14.61M	-25.8M	1.75M
Net Income to Common Excl. Extra Items	-7.23M	468K	-14.61M	-25.8M	1.75M
Per Share Items
Net EPS - Basic	-0.16	0.01	-0.18	-0	0
Basic EPS - Continuing Operations	-0.16	0.01	-0.18	-0	0
Basic Weighted Average Shares Outstanding	46.16M	46.16M	81.24M	6.6B	54.72B
Net EPS - Diluted	-0.16	0.01	-0.18	-0	0
Diluted EPS - Continuing Operations	-0.16	0.01	-0.18	-0	0
Diluted Weighted Average Shares Outstanding	46.16M	46.16M	81.24M	6.6B	54.72B
Normalized Basic EPS	-0.07	-0.02	-0.08	-0	0
Normalized Diluted EPS	-0.07	-0.02	-0.08	-0	0
Supplemental Items
EBITDA	1.41M	-210K	-7.16M	-6.52M	-2M
EBITA	1.2M	-760K	-8.46M	-7.65M	-2.58M
EBIT	1.07M	-1.19M	-9.17M	-9.12M	-2.73M
EBITDAR	1.71M	133K	-5.73M	-5.1M	-645K
Effective Tax Rate - (Ratio)	3.8	65.28	1.91	-0.73	1.25
Total Current Taxes	171K	463K	-	-	-
Total Deferred Taxes	-456K	39K	-	-	23K
Normalized Net Income	-3.24M	-769K	-6.16M	-8.27M	186K
Interest on Long-Term Debt	56K	204K	-	-	-
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	683K	439K	110K
Marketing Expenses	245K	591K	-	-	-
Selling and Marketing Expenses	-	591K	683K	-	110K
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	294K	343K	1.43M	1.43M	1.36M
Imputed Operating Lease Interest Expense	15.93K	94.73K	473K	409K	55K
Imputed Operating Lease Depreciation	278K	248K	958K	1.02M	1.3M
Maintenance & Repair Expenses, Total	201K	607K	661K	724K	515K

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Cash And Equivalents	6.23M	4.88M	1.71M	1.25M	1.21M
Short Term Investments	-	-	-	1.01M	-
Total Cash And Short Term Investments	6.23M	4.88M	1.71M	2.26M	1.21M
Accounts Receivable, Total	8.14M	6.22M	5.06M	7.57M	8.25M
Other Receivables	4.86M	4.9M	7.88M	8.06M	6.93M
Total Receivables	13M	11.12M	12.94M	15.63M	15.19M
Inventory	20.16M	26.12M	22.77M	7.59M	10.71M
Prepaid Expenses	322K	434K	1.64M	804K	-
Deferred Tax Assets Current	-	-	361K	152K	-
Other Current Assets, Total	3.29M	-	551K	189K	-
Total Current Assets	43M	42.56M	39.97M	26.63M	27.11M
Gross Property Plant And Equipment	22.21M	28.44M	24.62M	21.99M	11.73M
Accumulated Depreciation	-11.83M	-19.93M	-18.88M	-19.9M	-10.2M
Net Property Plant And Equipment	10.38M	8.51M	5.74M	2.09M	1.53M
Long-term Investments	-	4.86M	3.7M	1.98M	50K
Goodwill	3.74M	4.08M	4.08M	1.23M	1.23M
Other Intangibles, Total	5.46M	9.33M	4.25M	3.18M	2.44M
Loans Receivable Long-Term	546K	295K	287K	311K	790K
Deferred Tax Assets Long-Term	720K	389K	-	-	-
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	1K	-2K	-1K	-	1K
Total Assets	63.85M	70.03M	58.02M	35.41M	33.15M
Liabilities
Accounts Payable, Total	11.95M	9.59M	9.54M	10.28M	15.82M
Accrued Expenses, Total	4.48M	5.71M	7.56M	8.55M	6.72M
Short-term Borrowings	762K	127K	-	-	-
Current Portion of Long-Term Debt	-	1.52M	-	-	-
Current Portion of Leases	1.77M	2.1M	-	-	-
Current Income Taxes Payable	20K	146K	-	22K	2K
Unearned Revenue Current, Total	-	-	1.95M	1.08M	131K
Other Current Liabilities	3.45M	3.07M	7.18M	6.17M	4M
Total Current Liabilities	22.44M	22.26M	26.23M	26.1M	26.67M
Long-Term Debt	4.14M	3.61M	9.06M	9.01M	6.02M
Long-Term Leases	3.01M	2.66M	1.83M	-	-
Pension & Other Post Retirement Benefits	671K	1.02M	-	954K	530K
Other Non Current Liabilities	14K	-	2.19M	3.16M	1.16M
Total Liabilities	30.27M	29.55M	39.31M	39.23M	34.38M
Common Stock, Total	4.62M	4.62M	7.2M	7.22M	33.41M
Additional Paid In Capital	27.61M	27.6M	26.71M	21.47M	562K
Retained Earnings	-7.23M	468K	-14.61M	-25.8M	1.75M
Comprehensive Income and Other	7.66M	5.45M	-3.08M	-10.26M	-38.32M
Total Common Equity	32.65M	38.14M	16.21M	-7.38M	-2.6M
Minority Interest	933K	2.34M	2.5M	3.56M	1.37M
Total Equity	33.58M	40.48M	18.71M	-3.82M	-1.23M
Total Liabilities And Equity	63.85M	70.03M	58.02M	35.41M	33.15M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	46.16M	46.16M	71.98M	7.22B	33.41B
ECS Total Common Shares Outstanding	46.16M	46.16M	71.98M	7.22B	33.41B
Book Value / Share	0.71	0.83	0.23	-0	-0
Tangible Book Value	23.44M	24.72M	7.88M	-11.78M	-6.27M
Tangible Book Value Per Share	0.51	0.54	0.11	-0	-0
Total Debt	9.68M	10.02M	10.89M	9.01M	6.02M
Net Debt	3.46M	5.14M	9.18M	6.75M	4.8M
Debt Equivalent Oper. Leases	2.35M	2.74M	11.45M	11.41M	10.87M
Minority Interest, Total (Incl. Fin. Div)	933K	2.34M	2.5M	3.56M	1.37M
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	-	-	-	-	-
Inventories - Others	20.75M	26.68M	23.69M	13.66M	10.9M
Land - (BS)	3.28M	3.37M	3.37M	512K	512K
Machinery, Total	8.98M	15.22M	21.1M	21.32M	11.13M
Full Time Employees	78	242	313	191	144
Accumulated Allowance for Doubtful Accounts (Supple)	3.69M	2.91M	2.02M	2.66M	-

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	-7.23M	468K	-14.61M	-25.8M	1.75M
Depreciation & Amortization - CF	870K	2.01M	1.31M	1.12M	580K
Amortization of Goodwill and Intangible Assets - (CF)	127K	428K	706K	1.48M	150K
Depreciation & Amortization, Total	997K	2.44M	2.01M	2.6M	730K
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
Minority Interest in Earnings - (CF)	-	-	-	1.09M	69K
(Gain) Loss From Sale Of Asset	-	-	-1K	-915K	-1.68M
Asset Writedown & Restructuring Costs	-	-	5.31M	6.34M	-210K
(Income) Loss On Equity Investments - (CF)	-	-292K	-	-	-
Other Operating Activities, Total	7.14M	1.66M	717K	221K	-4.07M
Change In Accounts Receivable	-2.27M	-	255K	-1.71M	1.19M
Change In Inventories	-12.22M	-	3.61M	15.18M	-4.14M
Change In Accounts Payable	-	-	1.1M	-1.11M	6.16M
Change in Other Net Operating Assets	5M	-7.21M	508K	2.23M	-1.23M
Cash from Operations	-8.59M	-2.93M	-1.1M	-1.88M	-1.44M
Capital Expenditure	-208K	-1.28M	-1.14M	-545K	-162K
Sale of Property, Plant, and Equipment	-	-	1K	3.3M	1.84M
Cash Acquisitions	-691K	-98K	-	-107K	-10K
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-2.56M	-2.06M	-	-	-
Investment in Marketable and Equity Securities, Total	-19K	328K	-4K	-641K	-60K
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	1K	79K	-1K	-	-
Cash from Investing	-3.48M	-3.04M	-1.14M	2.01M	1.61M
Short Term Debt Issued, Total	-	4.03M	18K	-	-
Long-Term Debt Issued, Total	21K	2.86M	1M	2.32M	-
Total Debt Issued	21K	6.89M	1.02M	2.32M	-
Long-Term Debt Repaid, Total	-671K	-2.02M	-1.79M	-1.95M	-2.55M
Total Debt Repaid	-671K	-2.02M	-1.79M	-1.95M	-2.55M
Issuance of Common Stock	11.45M	-	-	20K	2.68M
Other Financing Activities, Total	-46K	-329K	-	-14K	-1.03M
Cash from Financing	10.76M	4.54M	-774K	379K	-903K
Foreign Exchange Rate Adjustments	362K	28K	-126K	-19K	-169K
Miscellaneous Cash Flow Adjustments	-	-1K	1K	-1K	-
Net Change in Cash	-943K	-1.4M	-3.15M	490K	-900K
Supplemental Items
Cash Interest Paid	56K	204K	-	-	-
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-9.15M	-4.16M	225K	9.89M	-2.12M
Unlevered Free Cash Flow	-9.11M	-3.94M	454K	10.12M	-2.1M
Change In Net Working Capital	8.01M	2.3M	-5.31M	-13.76M	959K
Net Debt Issued / Repaid	-650K	4.87M	-774K	373K	-2.55M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	1.29	-1.11	-8.96	-12.21	-4.98
Return on Total Capital	1.88	-1.58	-15.47	-32.78	-34.27
Return On Equity %	-27.03	0.72	-52.17	-331.96	-72.11
Return on Common Equity	-27.58	1.32	-56.96	-584.22	-35.1
Margin Analysis
Gross Profit Margin %	13.09	26.13	30.81	25.52	62.84
SG&A Margin	10.19	24.96	45.68	41.27	71.54
EBITDA Margin %	4.27	-0.48	-16.42	-15.18	-10.15
EBITA Margin %	3.62	-1.75	-19.42	-17.79	-13.09
EBIT Margin %	3.23	-2.74	-21.03	-21.23	-13.85
Income From Continuing Operations Margin %	-21.84	0.62	-33.74	-57.5	9.22
Net Income Margin %	-21.88	1.08	-33.52	-60.03	8.87
Net Avail. For Common Margin %	-21.88	1.08	-33.52	-60.03	8.87
Normalized Net Income Margin	-9.82	-1.77	-14.14	-19.23	0.94
Levered Free Cash Flow Margin	-27.68	-9.59	0.52	23.02	-10.75
Unlevered Free Cash Flow Margin	-27.57	-9.1	1.04	23.54	-10.63
Asset Turnover
Asset Turnover	0.64	0.65	0.68	0.92	0.58
Fixed Assets Turnover	4.08	4.59	7.33	10.98	10.9
Receivables Turnover (Average Receivables)	5.5	4.91	8.22	7.02	2.52
Inventory Turnover (Average Inventory)	2.01	1.38	1.23	2.11	0.8
Short Term Liquidity
Current Ratio	1.92	1.91	1.52	1.02	1.02
Quick Ratio	0.86	0.72	0.56	0.69	0.61
Operating Cash Flow to Current Liabilities	-0.38	-0.13	-0.04	-0.07	-0.05
Days Sales Outstanding (Average Receivables)	66.31	74.37	44.4	52.1	144.96
Days Outstanding Inventory (Average Inventory)	181.3	263.88	295.83	173.56	455.16
Average Days Payable Outstanding	81.25	103.51	122.4	235.6	455.6
Cash Conversion Cycle (Average Days)	166.35	234.74	217.83	-9.94	144.52
Long Term Solvency
Total Debt/Equity	28.83	24.74	58.22	-235.76	-489.82
Total Debt / Total Capital	22.38	19.84	36.8	173.66	125.65
LT Debt/Equity	21.29	15.5	58.22	-235.76	-489.82
Long-Term Debt / Total Capital	16.52	12.42	36.8	173.66	125.65
Total Liabilities / Total Assets	47.41	42.19	67.75	110.79	103.7
EBIT / Interest Expense	17.8	-3.49	-25.05	-25.56	-71.95
EBITDA / Interest Expense	34.42	3.69	-19.56	-18.27	-52.74
(EBITDA - Capex) / Interest Expense	30.95	-0.08	-22.67	-19.8	-57
Total Debt / EBITDA	4.69	7.99	-1.52	-1.38	-3
Net Debt / EBITDA	1.67	4.1	-1.28	-1.03	-2.4
Total Debt / (EBITDA - Capex)	5.21	-370.96	-1.31	-1.27	-2.78
Net Debt / (EBITDA - Capex)	1.86	-190.41	-1.11	-0.95	-2.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	43.59	31.14	-6.24	-2.32	-53.2
Gross Profit, 1 Yr. Growth %	127.97	132.73	-16.29	-20.75	-12.71
EBITDA, 1 Yr. Growth %	-	-114.87	814.18	-8.87	-68.8
EBITA, 1 Yr. Growth %	-126.12	-163.6	534.96	-9.65	-71.37
EBIT, 1 Yr. Growth %	-123.34	-211.24	420.73	-0.5	-69.71
Earnings From Cont. Operations, 1 Yr. Growth %	-36.33	-103.7	-5.32K	68.06	-107.36
Net Income, 1 Yr. Growth %	-36.19	-106.47	-5.24K	76.59	-106.79
Normalized Net Income, 1 Yr. Growth %	-45.92	-76.3	426.22	34.14	-102.25
Diluted EPS Before Extra, 1 Yr. Growth %	-	-106.47	-3.02K	-97.83	-100.82
Accounts Receivable, 1 Yr. Growth %	110.74	-45.54	-5.16	49.68	6.41
Inventory, 1 Yr. Growth %	140.89	29.59	-12.84	-66.66	41.06
Net Property, Plant and Equip., 1 Yr. Growth %	78.71	-17.98	-6.79	-63.58	-26.7
Total Assets, 1 Yr. Growth %	60.67	9.67	-17.02	-38.97	-6.39
Tangible Book Value, 1 Yr. Growth %	63.51	5.44	-63.65	-249.5	-46.8
Common Equity, 1 Yr. Growth %	65.1	16.8	-53.81	-145.51	-64.75
Cash From Operations, 1 Yr. Growth %	-	-65.86	-62.3	69.77	-23.35
Capital Expenditures, 1 Yr. Growth %	-	515.87	-11.16	-52.11	-70.28
Levered Free Cash Flow, 1 Yr. Growth %	-	-54.58	-108.97	4.28K	-121.34
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-56.72	-118.35	2.12K	-120.63
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	37.22	14.87	-3.85	-33.01
Gross Profit, 2 Yr. CAGR %	-	144.27	66.18	-17.32	-5.32
EBITDA, 2 Yr. CAGR %	-	-	125.15	188.63	-47.09
EBITA, 2 Yr. CAGR %	-	-59.24	166.14	139.51	-44.75
EBIT, 2 Yr. CAGR %	-	-49.04	193.02	127.62	-45.4
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-84.65	42.77	836.19	-64.82
Net Income, 2 Yr. CAGR %	-	-79.67	42.18	853.16	-65.38
Normalized Net Income, 2 Yr. CAGR %	-	-64.2	37.81	165.68	-82.63
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	7.18	-20.27	-98.67
Accounts Receivable, 2 Yr. CAGR %	-	26.94	-33.49	19.15	27.77
Inventory, 2 Yr. CAGR %	-	76.69	6.28	-46.09	-31.42
Net Property, Plant and Equip., 2 Yr. CAGR %	-	21.06	-25.65	-41.73	-48.33
Total Assets, 2 Yr. CAGR %	-	32.74	-4.68	-28.84	-24.41
Tangible Book Value, 2 Yr. CAGR %	-	31.3	-42.03	-26.29	-10.81
Common Equity, 2 Yr. CAGR %	-	38.87	-29.54	-54.15	-59.95
Cash From Operations, 2 Yr. CAGR %	-	-	-64.13	-20	14.08
Capital Expenditures, 2 Yr. CAGR %	-	-	133.9	-34.77	-62.27
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-84.32	98.6	206.53
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-77.68	102.27	114.88
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	23.74	9.17	-24.83
Gross Profit, 3 Yr. CAGR %	-	-	92.02	31.14	-8.22
EBITDA, 3 Yr. CAGR %	-	-	-	66.55	36.79
EBITA, 3 Yr. CAGR %	-	-	22.76	85.66	24.69
EBIT, 3 Yr. CAGR %	-	-	26.08	104.43	15.79
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	9.08	50.75	86.18
Net Income, 3 Yr. CAGR %	-	-	8.85	52.83	83.37
Normalized Net Income, 3 Yr. CAGR %	-	-	0.9	36.58	-45.85
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-70.77	-82.67
Accounts Receivable, 3 Yr. CAGR %	-	-	9.39	-12.84	15.69
Inventory, 3 Yr. CAGR %	-	-	39.61	-27.78	-25.71
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-0.41	-41.39	-37.1
Total Assets, 3 Yr. CAGR %	-	-	13.44	-17.84	-22.03
Tangible Book Value, 3 Yr. CAGR %	-	-	-18.09	-20.5	-33.88
Common Equity, 3 Yr. CAGR %	-	-	-6.41	-39.1	-58
Cash From Operations, 3 Yr. CAGR %	-	-	-	-39.77	-21.13
Capital Expenditures, 3 Yr. CAGR %	-	-	-	37.86	-49.81
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	2.65	-5.4
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	3.56	-5.3
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	-3.01
Gross Profit, 5 Yr. CAGR %	-	-	-	-	45.59
EBITDA, 5 Yr. CAGR %	-	-	-	-	-
EBITA, 5 Yr. CAGR %	-	-	-	-	-10.8
EBIT, 5 Yr. CAGR %	-	-	-	-	-9.79
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	-30.63
Net Income, 5 Yr. CAGR %	-	-	-	-	-31.16
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	-50.08
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	16.4
Inventory, 5 Yr. CAGR %	-	-	-	-	5.06
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	-23.4
Total Assets, 5 Yr. CAGR %	-	-	-	-	-3.56
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	-15.26
Common Equity, 5 Yr. CAGR %	-	-	-	-	-33.35
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	-
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-