Financials Kalray Börse Stuttgart

Stocks

Real-time Estimate Tradegate Other stock markets 04:49:32 2026-07-28 EDT			5-day change	1st Jan Change
7.585 ^EUR	-1.88%		+10.90%	-

02:14am	Kalray, Bull to Develop AI Networking Systems	MT
07-16	Kalray S.A. Provides Earnings Guidance for the Second Half of Fiscal Year 2026	CI

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	1.454	16.41	25.83	24.82	16.45	19.2	19.9	20.6
Change	-	1,028.89%	57.36%	-3.89%	-33.73%	16.71%	3.65%	3.52%
EBITDA ¹	-5.771	-2.678	-1.074	-8.188	4.624	11.6	11.4	11.6
Change	-	53.6%	59.9%	-662.38%	156.47%	150.87%	-1.72%	1.75%
EBIT ¹	-18.62	-19.63	-16.26	-28.94	-9.769	0.3	0.8	1.2
Change	-	-5.41%	17.15%	-77.94%	66.24%	103.07%	166.67%	50%
Interest Paid	-	-	0.187	-1.876	0.209	-	-	-
Earnings before Tax (EBT)	-18.73	-19.44	-16.15	-	-	-	-	-
Change	-	-3.82%	16.94%	-	-	-	-	-
Net income ¹	-15.12	-15.55	-11.69	-23.27	-4.54	0.2	0.8	1.1
Change	-	-2.86%	24.79%	-98.96%	80.49%	104.41%	300%	37.5%
Announcement Date	3/28/22	4/17/23	4/24/24	4/30/25	4/23/26	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-0.6	-19.2	-3	11.3	5.36	7.5	7	6.1
Change	-	-3,100%	84.38%	476.67%	-52.57%	39.9%	-6.67%	-12.86%
Announcement Date	3/28/22	4/17/23	4/24/24	4/30/25	4/23/26	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	5.359	14.66	20.61	23.58	16	8.3	10.1	10.9
Change	-	173.54%	40.62%	14.41%	-32.14%	-48.13%	21.69%	7.92%
Free Cash Flow (FCF) ¹	-20.74	-16.38	-22.76	-28.31	-15.19	-4.1	0.5	0.8
Change	-	21.07%	-38.99%	-24.39%	46.34%	73.01%	112.2%	60%
Announcement Date	3/28/22	4/17/23	4/24/24	4/30/25	4/23/26	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	-396.91%	-16.32%	-4.16%	-32.98%	28.11%	60.42%	57.29%	56.31%
EBIT Margin (%)	-	-1,280.81%	-119.6%	-62.97%	-116.58%	-59.38%	1.56%	4.02%	5.83%
EBT Margin (%)	-	-1,288.03%	-118.46%	-62.53%	-	-	-	-	-
Net margin (%)	-	-1,039.55%	-94.72%	-45.27%	-93.72%	-27.6%	1.04%	4.02%	5.34%
FCF margin (%)	-	-1,426.75%	-99.76%	-88.11%	-114.04%	-92.33%	-21.35%	2.51%	3.88%
FCF / Net Income (%)	-	137.25%	105.32%	194.62%	121.68%	334.58%	-2,050%	62.5%	72.73%
Profitability
ROA	-20.7%	-25.64%	-18.69%	-12.06%	-21.45%	-8.47%	-	-	-
ROE	-42.9%	-55.92%	-42.4%	-24.01%	-55.17%	-13.49%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-1.38x	1.16x	0.65x	0.61x	0.53x
Debt / Free cash flow	-	-	-	-	-0.4x	-0.35x	-1.83x	14x	7.62x
Capital Intensity
CAPEX / Current Assets (%)	-	368.57%	89.31%	79.81%	95%	97.28%	43.23%	50.75%	52.91%
CAPEX / EBITDA (%)	-	-92.86%	-547.39%	-1,919.27%	-288.03%	346.09%	71.55%	88.6%	93.97%
CAPEX / FCF (%)	-	-25.83%	-89.52%	-90.57%	-83.31%	-105.35%	-202.44%	2,020%	1,362.5%
Items per share
Cash flow per share ¹	-	-1.211	-0.2754	0.4445	-0.5368	0.0657	0.6	0.6	0.6
Change	-	-	77.27%	261.41%	-220.76%	112.24%	813.24%	0%	0%
Dividend per Share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	5.91	5.831	3.214	-	1.7	1.7	1.8
Change	-	-	-	-1.35%	-44.88%	-	-	0%	5.88%
EPS ¹	-	-2.592	-2.5	-1.41	-2.64	-0.37	0.01	0.04	0.05
Change	-	-	3.55%	43.6%	-87.23%	85.98%	102.7%	300%	25%
Nbr of stocks (in thousands)	-	5,830	6,571	8,482	9,280	12,920	15,015	15,015	15,015
Announcement Date	-	3/28/22	4/17/23	4/24/24	4/30/25	4/23/26	-	-	-