Cash flow DLSI

Stocks

ALDLS

FR0010404368

Employment Services

Market Closed - Euronext Paris 11:55:00 2026-09-18 EDT			5-day change	1st Jan Change
10.50 ^EUR	0.00%		+1.94%	-8.70%

04-27	Emeis, Exosens, Thales... stocks to watch today in Paris
04-24	Casino, Eurofins Scientific, DLSI Group, Verallia... stocks to watch Monday in Paris

26dad5b6008813ea1e.cQRUQJwqo3G4ninTzWopalbUEH9m3cqX8hHLPXggB1A.MnAxBPkb0BDU8GC7rFxZJWeyXyZVqa_mlFf-Z1UNZWkGNz506V-WGfvvXg

Published financial data: DLSI

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Revenues	195M	197M	205M	212M	214M
Total Revenues	195M	197M	205M	212M	214M
Cost of Goods Sold, Total	177M	180M	186M	196M	198M
Gross Profit	17.71M	16.69M	18.05M	15.82M	15.97M
Selling General & Admin Expenses, Total	7.35M	6.74M	7.68M	8.81M	6.82M
Depreciation & Amortization - (IS)	2.86M	731K	2.84M	3.15M	3.84M
Other Operating Expenses	2.81M	1.77M	1.35M	1.8M	3.34M
Other Operating Expenses, Total	13.01M	9.24M	11.87M	13.76M	14M
Operating Income	4.7M	7.45M	6.18M	2.06M	1.97M
Interest Expense, Total	-360K	-	-172K	-522K	-258K
Interest And Investment Income	-	38K	238K	352K	198K
Net Interest Expenses	-360K	38K	66K	-170K	-60K
Currency Exchange Gains (Loss)	-34.62K	57K	37K	-	13K
Other Non Operating Income (Expenses)	75.89K	-460K	-285K	-135K	-160K
EBT, Excl. Unusual Items	4.38M	7.08M	6M	1.75M	1.76M
Impairment of Goodwill	-	-	-560K	-560K	-2.57M
Gain (Loss) On Sale Of Investments	-	7K	-4K	1K	31K
Other Unusual Items	370K	-	-	-	-
EBT, Incl. Unusual Items	4.75M	7.09M	5.43M	1.19M	-774K
Income Tax Expense	1.71M	2.14M	1.72M	769K	313K
Earnings From Continuing Operations	3.04M	4.95M	3.71M	425K	-1.09M
Net Income to Company	3.04M	4.95M	3.71M	425K	-1.09M
Minority Interest	-98K	-165K	-31K	71K	-37K
Net Income - (IS)	2.94M	4.79M	3.68M	496K	-1.12M
Net Income to Common Incl Extra Items	2.94M	4.79M	3.68M	496K	-1.12M
Net Income to Common Excl. Extra Items	2.94M	4.79M	3.68M	496K	-1.12M
Per Share Items
Net EPS - Basic	1.16	1.88	1.45	0.2	-0.44
Basic EPS - Continuing Operations	1.16	1.88	1.45	0.2	-0.44
Basic Weighted Average Shares Outstanding	2.54M	2.54M	2.54M	2.54M	2.54M
Net EPS - Diluted	1.16	1.88	1.45	0.2	-0.44
Diluted EPS - Continuing Operations	1.16	1.88	1.45	0.2	-0.44
Diluted Weighted Average Shares Outstanding	2.54M	2.54M	2.54M	2.54M	2.54M
Normalized Basic EPS	1.04	1.68	1.46	0.46	0.42
Normalized Diluted EPS	1.04	1.68	1.46	0.46	0.42
Dividend Per Share	0.3	0.4	0.4	0.4	-
Payout Ratio	-	15.81	27.45	205.04	-90.48
Supplemental Items
EBITDA	5.35M	7.94M	6.67M	2.78M	2.84M
EBITA	4.9M	7.65M	6.32M	2.36M	2.21M
EBIT	4.7M	7.45M	6.18M	2.06M	1.97M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	36.09	30.16	31.71	64.41	-40.44
Total Current Taxes	2.22M	1.39M	1.62M	776K	258K
Total Deferred Taxes	-510K	-42K	-165K	95K	-197K
Normalized Net Income	2.64M	4.26M	3.72M	1.17M	1.07M
Interest on Long-Term Debt	-	45K	43K	44K	48K
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Cash And Equivalents	25.44M	26.91M	30.18M	19.21M	24.53M
Total Cash And Short Term Investments	25.44M	26.91M	30.18M	19.21M	24.53M
Accounts Receivable, Total	37.83M	41.28M	42.05M	41.96M	39.25M
Other Receivables	8.44M	1.89M	1.68M	7.65M	4.83M
Total Receivables	46.28M	43.17M	43.73M	49.61M	44.08M
Prepaid Expenses	233K	303K	455K	-	653K
Other Current Assets, Total	-1K	1K	8K	516K	178K
Total Current Assets	71.95M	70.39M	74.37M	69.33M	69.44M
Gross Property Plant And Equipment	15.96M	16.62M	18.39M	22.82M	24.91M
Accumulated Depreciation	-8.56M	-9.53M	-11.35M	-12.82M	-13.93M
Net Property Plant And Equipment	7.4M	7.09M	7.04M	10M	10.98M
Long-term Investments	93.9K	-	40K	70K	40K
Goodwill	32.84M	32.98M	32.62M	36.86M	34.33M
Other Intangibles, Total	644K	667K	490K	999K	1.05M
Loans Receivable Long-Term	-	71K	46K	33K	21K
Deferred Tax Assets Long-Term	476K	400K	506K	402K	530K
Deferred Charges Long-Term	1	0	0	0	0
Other Long-Term Assets, Total	995K	575K	563K	768K	766K
Total Assets	114M	112M	116M	118M	117M
Liabilities
Accounts Payable, Total	4.9M	4.38M	5.01M	6.18M	5.69M
Accrued Expenses, Total	207K	36.7M	36.5M	34.89M	35.74M
Short-term Borrowings	3.92M	3.5M	5.21M	3.1M	1.14M
Current Portion of Long-Term Debt	1.78M	324K	-	1.05M	1.19M
Current Portion of Leases	1.64M	1.74M	1.86M	1.93M	2.26M
Current Income Taxes Payable	39.62M	271K	90K	-	91K
Unearned Revenue Current, Total	9.7K	929K	-	-	-
Other Current Liabilities	3.22M	1.66M	1.6M	2.61M	3.1M
Total Current Liabilities	55.3M	49.5M	50.27M	49.76M	49.22M
Long-Term Debt	-	595K	511K	3.95M	4.05M
Long-Term Leases	5.17M	4.14M	3.7M	4.22M	4.97M
Pension & Other Post Retirement Benefits	1.75M	1.1M	1.34M	1.28M	1.59M
Deferred Tax Liability Non Current	44K	-	25K	95K	49K
Other Non Current Liabilities	1K	-	-1K	-	1K
Total Liabilities	62.26M	55.34M	55.84M	59.3M	59.88M
Common Stock, Total	5.08M	5.08M	5.08M	5.08M	5.08M
Additional Paid In Capital	-	3.89M	3.89M	3.89M	3.89M
Retained Earnings	46.44M	4.79M	3.68M	496K	-1.12M
Comprehensive Income and Other	-	42.27M	46.29M	48.9M	48.57M
Total Common Equity	51.53M	56.03M	58.95M	58.37M	56.42M
Minority Interest	606K	803K	886K	800K	846K
Total Equity	52.13M	56.84M	59.83M	59.17M	57.27M
Total Liabilities And Equity	114M	112M	116M	118M	117M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.54M	2.54M	2.54M	2.54M	2.54M
ECS Total Common Shares Outstanding	2.54M	2.54M	2.54M	2.54M	2.54M
Book Value / Share	20.27	22.05	23.2	22.97	22.2
Tangible Book Value	18.05M	22.38M	25.84M	20.51M	21.04M
Tangible Book Value Per Share	7.1	8.81	10.17	8.07	8.28
Total Debt	12.51M	10.3M	11.28M	14.25M	13.61M
Net Debt	-12.92M	-16.61M	-18.9M	-4.96M	-10.92M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	606K	803K	886K	800K	846K
Account Code - Inventory Valuation	3	3	-	3	3
Land - (BS)	-	-	-	53K	53K
Buildings, Total	9.86M	-	-	1.29M	1.29M
Machinery, Total	-	4.91M	5.53M	7.09M	7.75M
Full Time Employees	235	241	-	245	252
Accumulated Allowance for Doubtful Accounts (Supple)	764K	846K	1.04M	1M	1.1M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	2.94M	4.79M	3.68M	496K	-1.12M
Depreciation & Amortization - CF	2.65M	2.36M	2.42M	2.84M	3.55M
Amortization of Goodwill and Intangible Assets - (CF)	204K	201K	140K	300K	241K
Depreciation & Amortization, Total	2.86M	2.56M	2.56M	3.14M	3.79M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	148K	-10K	-	10K	-16K
Asset Writedown & Restructuring Costs	-	-	685K	561K	2.54M
Other Operating Activities, Total	758K	-10K	1.47M	1.19M	254K
Change in Other Net Operating Assets	11.8M	-777K	-1.72M	-3M	5.73M
Cash from Operations	18.5M	6.55M	6.68M	2.4M	11.18M
Capital Expenditure	-174K	-1.07M	-2.47M	-6.34M	-3.31M
Sale of Property, Plant, and Equipment	-	40K	4K	-	46K
Cash Acquisitions	-273K	-	-	-8.68M	-
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	436K	37K	45K	32K
Net (Increase) Decrease in Loans Originated / Sold - Investing	110K	-	-	-	-
Other Investing Activities, Total	924K	-	-	-	-
Cash from Investing	587K	-597K	-2.43M	-14.98M	-3.23M
Long-Term Debt Issued, Total	1M	37K	-	986K	77K
Total Debt Issued	1M	37K	-	986K	77K
Short Term Debt Repaid, Total	-	-2K	-	-2K	-1K
Long-Term Debt Repaid, Total	-13.59M	-4.08M	-344K	-	-
Total Debt Repaid	-13.59M	-4.08M	-344K	-2K	-1K
Common Dividends Paid	-	-757K	-1.01M	-1.02M	-1.02M
Common & Preferred Stock Dividends Paid	-	-757K	-1.01M	-1.02M	-1.02M
Other Financing Activities, Total	-638K	-4.99M	-4M	-	3M
Cash from Financing	-13.22M	-9.79M	-5.35M	-33K	2.06M
Foreign Exchange Rate Adjustments	-	369K	379K	-137K	54K
Miscellaneous Cash Flow Adjustments	-	27K	2K	-	-
Net Change in Cash	5.86M	-3.44M	-728K	-12.74M	10.06M
Supplemental Items
Cash Interest Paid	-	46K	-	-	-
Levered Free Cash Flow	18.25M	5.16M	2.4M	-7.7M	7.72M
Unlevered Free Cash Flow	18.47M	5.16M	2.5M	-7.37M	7.88M
Change In Net Working Capital	-12.85M	984K	1.45M	5.45M	-6.16M
Net Debt Issued / Repaid	-12.59M	-4.04M	-344K	984K	76K

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	2.56	4.11	3.39	1.1	1.05
Return on Total Capital	4.26	7.06	5.59	1.78	1.71
Return On Equity %	6.01	9.09	6.36	0.71	-1.87
Return on Common Equity	5.89	8.9	6.4	0.85	-1.96
Margin Analysis
Gross Profit Margin %	9.08	8.48	8.83	7.47	7.45
SG&A Margin	3.77	3.42	3.76	4.16	3.18
EBITDA Margin %	2.75	4.04	3.26	1.31	1.33
EBITA Margin %	2.51	3.89	3.09	1.11	1.03
EBIT Margin %	2.41	3.79	3.02	0.97	0.92
Income From Continuing Operations Margin %	1.56	2.52	1.81	0.2	-0.51
Net Income Margin %	1.51	2.43	1.8	0.23	-0.52
Net Avail. For Common Margin %	1.51	2.43	1.8	0.23	-0.52
Normalized Net Income Margin	1.35	2.17	1.82	0.55	0.5
Levered Free Cash Flow Margin	9.36	2.62	1.17	-3.63	3.6
Unlevered Free Cash Flow Margin	9.47	2.62	1.22	-3.48	3.68
Asset Turnover
Asset Turnover	1.7	1.74	1.8	1.81	1.82
Fixed Assets Turnover	23.22	27.09	28.94	24.85	20.43
Receivables Turnover (Average Receivables)	5.22	4.97	4.91	5.04	5.28
Short Term Liquidity
Current Ratio	1.3	1.42	1.48	1.39	1.41
Quick Ratio	1.3	1.42	1.47	1.38	1.39
Operating Cash Flow to Current Liabilities	0.33	0.13	0.13	0.05	0.23
Days Sales Outstanding (Average Receivables)	69.97	73.41	74.35	72.56	69.15
Average Days Payable Outstanding	9.41	9.41	9.19	10.44	10.92
Long Term Solvency
Total Debt/Equity	24	18.12	18.86	24.08	23.77
Total Debt / Total Capital	19.35	15.34	15.87	19.4	19.2
LT Debt/Equity	9.91	8.33	7.04	13.81	15.75
Long-Term Debt / Total Capital	7.99	7.06	5.92	11.13	12.73
Total Liabilities / Total Assets	54.43	49.33	48.28	50.05	51.12
EBIT / Interest Expense	13.04	-	35.93	3.94	7.64
EBITDA / Interest Expense	23.73	-	50.82	9.96	22.33
(EBITDA - Capex) / Interest Expense	23.24	-	36.45	-2.19	9.52
Total Debt / EBITDA	1.46	1.03	1.29	2.74	2.36
Net Debt / EBITDA	-1.51	-1.66	-2.16	-0.95	-1.89
Total Debt / (EBITDA - Capex)	1.49	1.15	1.8	-12.45	5.54
Net Debt / (EBITDA - Capex)	-1.54	-1.86	-3.01	4.34	-4.45
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	18.2	0.9	3.99	3.59	1.17
Gross Profit, 1 Yr. Growth %	36.74	-1.13	8.19	-12.38	0.97
EBITDA, 1 Yr. Growth %	33.05	-4.94	-15.98	-58.25	5.72
EBITA, 1 Yr. Growth %	240.89	64.64	-17.37	-62.69	-0.05
EBIT, 1 Yr. Growth %	226.7	60.31	-17.02	-66.7	-4.18
Earnings From Cont. Operations, 1 Yr. Growth %	-523.29	63.16	-25.06	-88.55	-355.76
Net Income, 1 Yr. Growth %	-724.89	62.99	-23.13	-86.52	-326.61
Normalized Net Income, 1 Yr. Growth %	170.27	63.52	-12.77	-68.62	-8.66
Diluted EPS Before Extra, 1 Yr. Growth %	-724.9	62.68	-22.98	-86.52	-326.61
Accounts Receivable, 1 Yr. Growth %	2.51	9.11	1.86	-0.21	-6.46
Net Property, Plant and Equip., 1 Yr. Growth %	-21.21	-4.63	-0.63	42.04	9.73
Total Assets, 1 Yr. Growth %	-0.61	-1.94	3.12	2.42	-1.11
Tangible Book Value, 1 Yr. Growth %	22.61	24.03	15.43	-20.62	2.6
Common Equity, 1 Yr. Growth %	6.82	8.74	5.2	-0.98	-3.34
Cash From Operations, 1 Yr. Growth %	83.42	-64.58	1.88	-63.99	364.85
Capital Expenditures, 1 Yr. Growth %	-42.57	516.67	130.38	156.55	-47.87
Levered Free Cash Flow, 1 Yr. Growth %	79.3	-73.24	-53.59	-421.34	-198.86
Unlevered Free Cash Flow, 1 Yr. Growth %	78.22	-73.24	-51.51	-394.5	-205.33
Dividend Per Share, 1 Yr. Growth %	-	33.33	0	0	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-8.37	9.21	2.43	3.79	2.37
Gross Profit, 2 Yr. CAGR %	-13.05	13.51	3.43	-2.64	-5.94
EBITDA, 2 Yr. CAGR %	-33.91	40.49	-10.63	-40.78	-34.7
EBITA, 2 Yr. CAGR %	-29.77	130.63	16.63	-44.48	-40.83
EBIT, 2 Yr. CAGR %	-31.25	127.58	15.33	-47.43	-43.51
Earnings From Cont. Operations, 2 Yr. CAGR %	-21.01	162.8	10.58	-70.7	-45.88
Net Income, 2 Yr. CAGR %	-21.79	219.14	11.94	-67.81	-44.73
Normalized Net Income, 2 Yr. CAGR %	-33.39	108.93	19.43	-47.68	-46.45
Diluted EPS Before Extra, 2 Yr. CAGR %	-21.79	218.84	11.94	-67.78	-44.73
Accounts Receivable, 2 Yr. CAGR %	-10.33	5.76	5.42	0.82	-3.38
Net Property, Plant and Equip., 2 Yr. CAGR %	2.16	-13.11	-2.65	18.8	24.84
Total Assets, 2 Yr. CAGR %	-0.59	-1.28	0.56	2.77	0.64
Tangible Book Value, 2 Yr. CAGR %	9.2	23.32	19.65	-4.28	-9.75
Common Equity, 2 Yr. CAGR %	2.67	7.78	6.96	2.07	-2.16
Cash From Operations, 2 Yr. CAGR %	31.06	-19.4	-39.93	-39.43	29.38
Capital Expenditures, 2 Yr. CAGR %	-56.37	88.18	276.92	143.12	15.65
Levered Free Cash Flow, 2 Yr. CAGR %	34.13	-28.78	-64.76	22.11	79.51
Unlevered Free Cash Flow, 2 Yr. CAGR %	33.27	-29.43	-63.98	19.5	77.43
Dividend Per Share, 2 Yr. CAGR %	-	-	15.47	0	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-5.39	-5.38	7.44	2.81	2.91
Gross Profit, 3 Yr. CAGR %	-10.1	-10.69	11.71	-2.14	-1.45
EBITDA, 3 Yr. CAGR %	-21.8	-13.47	18.36	-30.66	-28.97
EBITA, 3 Yr. CAGR %	-23.17	-8.36	63.8	-20.23	-33.86
EBIT, 3 Yr. CAGR %	-24.25	-9.17	62.58	-23.77	-35.79
Earnings From Cont. Operations, 3 Yr. CAGR %	-25.43	0.6	72.98	-48.07	-39.68
Net Income, 3 Yr. CAGR %	-25.81	-0.1	98.57	-44.73	-38.31
Normalized Net Income, 3 Yr. CAGR %	-25.19	-10.51	56.15	-23.51	-36.99
Diluted EPS Before Extra, 3 Yr. CAGR %	-25.81	-0.17	98.57	-44.73	-38.27
Accounts Receivable, 3 Yr. CAGR %	-8.03	-4.27	4.44	3.51	-1.67
Net Property, Plant and Equip., 3 Yr. CAGR %	128.64	0	-9.14	10.41	15.69
Total Assets, 3 Yr. CAGR %	0.09	-1.04	0.17	1.18	1.46
Tangible Book Value, 3 Yr. CAGR %	10.25	13.94	20.63	4.36	-2.04
Common Equity, 3 Yr. CAGR %	3.44	4.65	6.91	4.24	0.23
Cash From Operations, 3 Yr. CAGR %	33.68	-15.26	-12.85	-49.35	19.47
Capital Expenditures, 3 Yr. CAGR %	-3.56	5.49	101.31	231.56	45.51
Levered Free Cash Flow, 3 Yr. CAGR %	44.71	-20.16	-38.26	-26.38	14.35
Unlevered Free Cash Flow, 3 Yr. CAGR %	43.38	-20.83	-37.73	-27.43	15.14
Dividend Per Share, 3 Yr. CAGR %	-33.06	-	-	10.06	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-0.07	-1.8	-2.33	-1.81	5.38
Gross Profit, 5 Yr. CAGR %	-3.89	-6.83	-5.83	-7.55	4.28
EBITDA, 5 Yr. CAGR %	-12.23	-6.21	-9.83	-25.65	-6.69
EBITA, 5 Yr. CAGR %	-13.27	-5.81	-10.18	-25	9
EBIT, 5 Yr. CAGR %	-13.44	-6.31	-10.58	-27.02	6.52
Earnings From Cont. Operations, 5 Yr. CAGR %	-14.23	-6.98	-12.7	-38.58	8.68
Net Income, 5 Yr. CAGR %	-14.51	-7.45	-12.54	-36.49	19.05
Normalized Net Income, 5 Yr. CAGR %	-14.16	-6.64	-10.02	-27.8	1.77
Diluted EPS Before Extra, 5 Yr. CAGR %	-14.51	-7.46	-12.54	-36.49	19.05
Accounts Receivable, 5 Yr. CAGR %	-3.72	-5	-2.87	-2.26	1.24
Net Property, Plant and Equip., 5 Yr. CAGR %	65.22	59.82	62.64	7.13	3.17
Total Assets, 5 Yr. CAGR %	5.06	0.44	0.28	0.47	0.35
Tangible Book Value, 5 Yr. CAGR %	15.37	19.84	13.92	6.27	7.41
Common Equity, 5 Yr. CAGR %	7.9	6.57	4.83	3.61	3.19
Cash From Operations, 5 Yr. CAGR %	48.85	43.96	-2.93	-25.91	2.07
Capital Expenditures, 5 Yr. CAGR %	-20.03	28.27	66.36	47.32	61.28
Levered Free Cash Flow, 5 Yr. CAGR %	33.76	45.46	-16.84	-5.37	-5.38
Unlevered Free Cash Flow, 5 Yr. CAGR %	35.97	66.33	-16.77	-6.65	-5.34
Dividend Per Share, 5 Yr. CAGR %	-9.71	-7.79	-16.74	-	-