Financials NACON Deutsche Boerse AG

Stocks

Market Closed - Deutsche Boerse AG Other stock markets 02:03:35 2026-07-17 EDT			5-day change	1st Jan Change
0.1508 ^EUR	+1.48%		-23.22%	-70.26%

05-28	Nacon: Observation period extended in receivership proceedings
05-18	Nacon S.A. Announces Consolidated Sales Results for the Fourth Quarter and Financial Year Ended March 31, 2026	CI

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	177.9	155.9	156.4	170.7	167.9	163	175.8	187.6
Change	-	-12.37%	0.32%	9.14%	-1.64%	-2.92%	7.85%	6.74%
EBITDA ¹	60.3	44.6	48.9	70.9	59.6	60.05	67.5	72.25
Change	-	-26.04%	9.64%	44.99%	-15.94%	0.76%	12.41%	7.04%
EBIT ¹	32.6	19	16.1	20.9	1.1	-1.25	1.85	4.65
Change	-	-41.72%	-15.26%	29.81%	-94.74%	-213.64%	248%	151.35%
Interest Paid ¹	-1.5	0.1	-2.3	-4.8	-5.8	-6	-6.25	-6.3
Earnings before Tax (EBT)	26	-	-	-	-4.7	-	-	-
Change	-	-	-	-	-	-	-	-
Net income ¹	18.2	10	12.8	17.5	-1.3	-6	-4.85	-1.95
Change	-	-45.05%	28%	36.72%	-107.43%	-361.54%	19.17%	59.79%
Announcement Date	5/31/21	5/30/22	5/30/23	6/3/24	6/2/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: March	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q4	2025 Q2	2025 Q3	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	33.7	39.2	51.2	31.7	42.4	35.2	41.1	37.7	38.5	32.3	41	44.7	52.9	31.3	46.8	46.1	38.4
Change	-	16.32%	30.61%	-38.09%	33.75%	-16.98%	16.76%	-8.27%	2.12%	-16.1%	26.93%	9.02%	18.34%	-40.83%	49.52%	-1.5%	-16.7%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	7/26/21	10/25/21	1/24/22	5/30/22	7/25/22	10/24/22	2/28/23	5/30/23	7/24/23	10/30/23	6/3/24	10/28/24	1/20/25	7/28/25	10/28/25	1/19/26	-

¹EUR in Million

Estimates

¹EUR in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-41.9	10.4	67.3	85.2	104	124	130	131
Change	-	124.82%	547.12%	26.6%	22.07%	19.23%	4.84%	0.77%
Announcement Date	5/31/21	5/30/22	5/30/23	6/3/24	6/2/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	56.4	57.4	80.45	80.77	75.76	68.15	66.4	66.4
Change	-	1.77%	40.15%	0.4%	-6.2%	-10.05%	-2.57%	0%
Free Cash Flow (FCF) ¹	-0.7	-25	-33.1	-7.682	-15.3	-8.55	-5.95	-0.3
Change	-	-3,471.43%	-32.38%	76.79%	-99.21%	44.13%	30.41%	94.96%
Announcement Date	5/31/21	5/30/22	5/30/23	6/3/24	6/2/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	33.9%	28.61%	31.27%	41.53%	35.5%	36.84%	38.4%	38.5%
EBIT Margin (%)	18.32%	12.19%	10.29%	12.24%	0.66%	-0.77%	1.05%	2.48%
EBT Margin (%)	14.61%	-	-	-	-2.8%	-	-	-
Net margin (%)	10.23%	6.41%	8.18%	10.25%	-0.77%	-3.68%	-2.76%	-1.04%
FCF margin (%)	-0.39%	-16.04%	-21.16%	-4.5%	-9.11%	-5.25%	-3.38%	-0.16%
FCF / Net Income (%)	-3.85%	-250%	-258.56%	-43.9%	1,177.15%	142.5%	122.68%	15.38%
Profitability
ROA	-	-	2.63%	3.64%	-0.26%	-	-	-
ROE	9.18%	4.54%	5.42%	6.93%	-0.47%	0.9%	2.7%	3.7%
Financial Health
Leverage (Debt/EBITDA)	-	0.23x	1.38x	1.2x	1.74x	2.07x	1.93x	1.81x
Debt / Free cash flow	-	-0.42x	-2.03x	-11.09x	-6.8x	-14.56x	-21.92x	-436.17x
Capital Intensity
CAPEX / Current Assets (%)	31.7%	36.82%	51.44%	47.32%	45.12%	41.81%	37.77%	35.39%
CAPEX / EBITDA (%)	93.53%	128.7%	164.51%	113.92%	127.12%	113.49%	98.37%	91.9%
CAPEX / FCF (%)	-8,057.14%	-229.6%	-243.07%	-1,051.44%	-495.07%	-797.08%	-1,115.97%	-22,133.33%
Items per share
Cash flow per share ¹	0.647	0.375	0.5358	0.7974	0.598	-	-	-
Change	-	-42.04%	42.88%	48.82%	-25.01%	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	2.482	2.648	2.745	3.003	3.24	3.27	3.36	3.49
Change	-	6.72%	3.64%	9.4%	7.88%	0.94%	2.75%	3.87%
EPS ¹	0.21	0.12	0.14	0.19	-0.01	-0.055	-0.04	-0.01
Change	-	-42.86%	16.67%	35.71%	-105.26%	-450%	27.27%	75%
Nbr of stocks (in thousands)	84,869	86,248	86,818	87,746	108,124	108,444	108,444	108,444
Announcement Date	5/31/21	5/30/22	5/30/23	6/3/24	6/2/25	-	-	-