Income Statement Noratis AG

Stocks

NUVA

DE000A2E4MK4

Real Estate Development & Operations

Delayed Deutsche Boerse AG Other stock markets 11:20:01 2026-07-27 EDT			5-day change	1st Jan Change
0.0755 ^EUR	0.00%		-15.17%	-52.22%

8f3081fa4089d8f604de523c9dc.WmA7blYNCRa2BYMvcl5i7G_KbL9VFKIxV4cn-iW1R90.AxJyDCVIQ3TEM8ZlETAwuDqsFvgzf_ZrZ91ouXDwEOQYKk4hIEg-XIFUuw

Published financial data: NORATIS AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	28.7M	73.6M	85.61M	60.18M	66.56M
Total Revenues	28.7M	73.6M	85.61M	60.18M	66.56M
Cost of Goods Sold, Total	13.85M	49.69M	61.17M	41.26M	53.44M
Gross Profit	14.85M	23.91M	24.44M	18.92M	13.12M
Selling General & Admin Expenses, Total	5M	5.36M	6M	5.37M	4.41M
Depreciation & Amortization - (IS)	-	460K	483K	535K	513K
Other Operating Expenses	1.22M	2.26M	3.1M	3.26M	2.86M
Other Operating Expenses, Total	6.22M	8.08M	9.59M	9.16M	7.78M
Operating Income	8.63M	15.83M	14.85M	9.76M	5.34M
Interest Expense, Total	-4.21M	-6.46M	-9.27M	-17.2M	-17.6M
Interest And Investment Income	205K	6K	337K	4.53M	4M
Net Interest Expenses	-4.01M	-6.45M	-8.94M	-12.67M	-13.61M
Income (Loss) On Equity Invest.	-1K	17K	15K	-20K	-
Other Non Operating Income (Expenses)	-48K	499K	8.52M	-5.37M	-1.79M
EBT, Excl. Unusual Items	4.58M	9.9M	14.45M	-8.29M	-10.05M
Restructuring Charges	-	-	-	-	-2.09M
Asset Writedown	-423K	3.53M	-2.46M	-6.21M	-20.97M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	4.16M	13.43M	11.99M	-14.51M	-33.11M
Income Tax Expense	1.36M	3.89M	3.71M	-3.51M	-4.7M
Earnings From Continuing Operations	2.8M	9.54M	8.28M	-10.99M	-28.41M
Net Income to Company	2.8M	9.54M	8.28M	-10.99M	-28.41M
Minority Interest	-13K	-64K	-44K	58K	355K
Net Income - (IS)	2.78M	9.47M	8.23M	-10.94M	-28.05M
Net Income to Common Incl Extra Items	2.78M	9.47M	8.23M	-10.94M	-28.05M
Net Income to Common Excl. Extra Items	2.78M	9.47M	8.23M	-10.94M	-28.05M
Per Share Items
Net EPS - Basic	0.69	1.97	1.71	-2.21	-3.74
Basic EPS - Continuing Operations	0.69	1.97	1.71	-2.21	-3.74
Basic Weighted Average Shares Outstanding	4.03M	4.82M	4.82M	4.95M	7.5M
Net EPS - Diluted	0.69	1.97	1.71	-2.21	-3.74
Diluted EPS - Continuing Operations	0.69	1.97	1.71	-2.21	-3.74
Diluted Weighted Average Shares Outstanding	4.03M	4.82M	4.82M	4.95M	7.5M
Normalized Basic EPS	0.71	1.27	1.86	-1.04	-0.79
Normalized Diluted EPS	0.71	1.27	1.86	-1.04	-0.79
Dividend Per Share	0.5	0.55	-	-	-
Payout Ratio	103.52	25.43	32.19	-	-
Supplemental Items
EBITDA	9.03M	16M	14.98M	9.84M	5.39M
EBITA	8.63M	15.83M	14.85M	9.76M	5.34M
EBIT	8.63M	15.83M	14.85M	9.76M	5.34M
EBITDAR	9.05M	16.04M	15.07M	9.94M	5.5M
Effective Tax Rate - (Ratio)	32.68	28.98	30.97	24.22	14.21
Current Domestic Taxes	970K	2.94M	2.14M	-366K	-112K
Total Current Taxes	970K	2.94M	2.14M	-366K	-112K
Deferred Domestic Taxes	287K	960K	1.52M	-3.14M	-4.6M
Total Deferred Taxes	287K	960K	1.52M	-3.14M	-4.6M
Normalized Net Income	2.85M	6.12M	8.98M	-5.13M	-5.93M
Interest on Long-Term Debt	590K	2.14M	2.44M	2.48M	2.54M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
Net Rental Expense, Total	17K	40K	93K	108K	111K
Imputed Operating Lease Interest Expense	2.43K	6.53K	18.52K	38.06K	42.64K
Imputed Operating Lease Depreciation	14.57K	33.47K	74.48K	69.94K	68.36K
Maintenance & Repair Expenses, Total	1.42M	2.38M	2.81M	3.28M	3M
Stock-Based Comp., SG&A Exp. (Total)	-	86K	35K	-	-
Stock-Based Comp., Other (Total)	122K	-	-	-	-
Total Stock-Based Compensation	122K	86K	35K	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	31.03M	8.72M	11.16M	13.43M	7.68M
Short Term Investments	71K	49K	1.18M	1.44M	267K
Total Cash And Short Term Investments	31.1M	8.77M	12.34M	14.88M	7.94M
Accounts Receivable, Total	1.29M	1.54M	4.36M	6.42M	5.38M
Other Receivables	55K	100K	171K	55K	284K
Total Receivables	1.35M	1.64M	4.53M	6.47M	5.66M
Inventory	334M	424M	455M	434M	383M
Prepaid Expenses	37K	-	1.91M	-	452K
Other Current Assets, Total	-	-	-	675K	-
Total Current Assets	366M	435M	474M	456M	398M
Gross Property Plant And Equipment	1.99M	2M	2.48M	2.8M	1.98M
Accumulated Depreciation	-951K	-1.16M	-1.42M	-1.78M	-1.36M
Net Property Plant And Equipment	1.04M	842K	1.06M	1.03M	625K
Long-term Investments	11K	29K	9.49M	3.84M	1.71M
Other Intangibles, Total	28K	29K	23K	12K	1K
Deferred Tax Assets Long-Term	398K	1K	4K	1.1M	5.75M
Other Long-Term Assets, Total	88K	11.06M	9.84M	9.67M	9.5M
Total Assets	368M	447M	494M	472M	415M
Liabilities
Accounts Payable, Total	1.42M	15.52M	2.09M	1.8M	401K
Accrued Expenses, Total	2.65M	1.68M	1.51M	791K	825K
Current Portion of Long-Term Debt	3.38M	87.64M	29.25M	36.51M	22.93M
Current Portion of Leases	213K	233K	381K	408K	364K
Current Income Taxes Payable	115K	248K	182K	168K	1K
Unearned Revenue Current, Total	701K	231K	606K	197K	223K
Other Current Liabilities	868K	1.23M	1.58M	1.65M	2.25M
Total Current Liabilities	9.35M	107M	35.61M	41.52M	26.99M
Long-Term Debt	279M	252M	359M	335M	318M
Long-Term Leases	4.88M	5.81M	9.92M	9.86M	10.22M
Deferred Tax Liability Non Current	-	563K	2.09M	-	-
Other Non Current Liabilities	55K	61K	67K	73K	79K
Total Liabilities	293M	365M	407M	386M	355M
Common Stock, Total	4.82M	4.82M	4.82M	7.2M	8.64M
Retained Earnings	17.19M	24.24M	29.82M	18.88M	-9.17M
Comprehensive Income and Other	51.78M	51.82M	51.77M	59.23M	60.34M
Total Common Equity	73.78M	80.87M	86.41M	85.31M	59.81M
Minority Interest	476K	423K	445K	367K	-10K
Total Equity	74.26M	81.3M	86.86M	85.68M	59.8M
Total Liabilities And Equity	368M	447M	494M	472M	415M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.82M	4.82M	4.82M	7.2M	8.64M
ECS Total Common Shares Outstanding	4.82M	4.82M	4.82M	7.2M	8.64M
Book Value / Share	15.31	16.79	17.94	11.85	6.93
Tangible Book Value	73.76M	80.84M	86.39M	85.3M	59.81M
Tangible Book Value Per Share	15.31	16.78	17.93	11.85	6.93
Total Debt	287M	346M	399M	382M	352M
Net Debt	256M	337M	387M	367M	344M
Debt Equivalent Oper. Leases	136K	320K	744K	864K	888K
Minority Interest, Total (Incl. Fin. Div)	476K	423K	445K	367K	-10K
Equity Method Investments, Total	11K	29K	43K	23K	23K
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	326M	418M	444M	425M	374M
Inventories - Others	7.01M	6.09M	10.6M	9.27M	9.89M
Land - (BS)	942K	993K	1.29M	1.59M	1.54M
Machinery, Total	1.05M	1M	1.19M	1.22M	444K
Full Time Employees	53	63	73	70	52
Accumulated Allowance for Doubtful Accounts (Supple)	370K	548K	942K	1.17M	1.58M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	2.78M	9.47M	8.23M	-10.94M	-28.05M
Depreciation & Amortization - CF	423K	431K	468K	521K	502K
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	423K	431K	468K	521K	502K
Amortization of Deferred Charges, Total - (CF)	-	29K	15K	14K	11K
(Gain) Loss From Sale Of Asset	-	4K	-	-	-
Asset Writedown & Restructuring Costs	-	-3.53M	2.46M	6.21M	20.97M
(Income) Loss On Equity Investments - (CF)	-	-17K	-15K	20K	-
Stock-Based Compensation (CF)	122K	86K	35K	-	-
Other Operating Activities, Total	3.38M	6.15M	398K	15.94M	11.22M
Change In Accounts Receivable	7.04M	-531K	-3.32M	-2.3M	-186K
Change In Inventories	-90.38M	-96.32M	-28.68M	14.38M	30.67M
Change In Accounts Payable	-	-	-	-	-
Change in Other Net Operating Assets	-17.42M	14.12M	-12.62M	-926K	-447K
Cash from Operations	-94.04M	-70.1M	-33.03M	22.91M	34.68M
Capital Expenditure	-70K	-110K	-184K	-19K	-2K
Sale of Property, Plant, and Equipment	1K	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-12K	-	-	-	-
Other Investing Activities, Total	205K	6K	236K	4.58M	4.04M
Cash from Investing	124K	-104K	52K	4.56M	4.04M
Long-Term Debt Issued, Total	123M	93.63M	91.06M	39.21M	11.7M
Total Debt Issued	123M	93.63M	91.06M	39.21M	11.7M
Long-Term Debt Repaid, Total	-18.32M	-36.36M	-43.28M	-57.51M	-41.49M
Total Debt Repaid	-18.32M	-36.36M	-43.28M	-57.51M	-41.49M
Issuance of Common Stock	21.98M	45K	78K	10.03M	2.69M
Repurchase of Common Stock	-150K	-91K	-157K	-65K	-
Common Dividends Paid	-2.88M	-2.41M	-2.65M	-	-
Common & Preferred Stock Dividends Paid	-2.88M	-2.41M	-2.65M	-	-
Other Financing Activities, Total	-5.35M	-6.92M	-9.64M	-16.86M	-17.38M
Cash from Financing	118M	47.9M	35.41M	-25.2M	-44.48M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	24.06M	-22.31M	2.44M	2.27M	-5.76M
Supplemental Items
Cash Interest Paid	4.13M	5.7M	7.85M	16.59M	17.14M
Cash Income Tax Paid (Refund)	2.16M	3.95M	4.17M	-1.39M	-50K
Levered Free Cash Flow	-98.72M	-71.48M	-44.55M	14.3M	43.81M
Unlevered Free Cash Flow	-96.09M	-67.44M	-38.75M	25.05M	54.81M
Change In Net Working Capital	102M	77.77M	48.37M	-18.43M	-50.96M
Net Debt Issued / Repaid	104M	57.27M	47.78M	-18.3M	-29.79M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.72	2.43	1.97	1.26	0.75
Return on Total Capital	1.8	2.51	2.03	1.28	0.76
Return On Equity %	4.41	12.26	9.84	-12.74	-39.06
Return on Common Equity	4.41	12.25	9.84	-12.74	-38.66
Margin Analysis
Gross Profit Margin %	51.75	32.49	28.54	31.44	19.71
SG&A Margin	17.43	7.29	7.01	8.92	6.62
EBITDA Margin %	31.47	21.74	17.5	16.35	8.1
EBITA Margin %	30.08	21.51	17.34	16.22	8.03
EBIT Margin %	30.08	21.51	17.34	16.22	8.03
Income From Continuing Operations Margin %	9.75	12.96	9.67	-18.27	-42.68
Net Income Margin %	9.7	12.87	9.62	-18.17	-42.15
Net Avail. For Common Margin %	9.7	12.87	9.62	-18.17	-42.15
Normalized Net Income Margin	9.92	8.32	10.5	-8.52	-8.91
Levered Free Cash Flow Margin	-343.98	-97.12	-52.04	23.76	65.82
Unlevered Free Cash Flow Margin	-334.81	-91.64	-45.27	41.62	82.35
Asset Turnover
Asset Turnover	0.09	0.18	0.18	0.12	0.15
Fixed Assets Turnover	24.79	78.25	90.02	57.62	80.48
Receivables Turnover (Average Receivables)	6.01	51.96	29.03	11.17	11.29
Inventory Turnover (Average Inventory)	0.05	0.13	0.14	0.09	0.13
Short Term Liquidity
Current Ratio	39.13	4.07	13.3	10.99	14.73
Quick Ratio	3.47	0.1	0.47	0.51	0.5
Operating Cash Flow to Current Liabilities	-10.05	-0.66	-0.93	0.55	1.29
Days Sales Outstanding (Average Receivables)	60.9	7.02	12.57	32.67	32.43
Days Outstanding Inventory (Average Inventory)	7.62K	2.78K	2.62K	3.93K	2.8K
Average Days Payable Outstanding	34.91	22.03	35.01	34.21	154.41
Cash Conversion Cycle (Average Days)	7.65K	2.77K	2.6K	3.93K	2.68K
Long Term Solvency
Total Debt/Equity	387.14	425.27	459.4	445.42	587.85
Total Debt / Total Capital	79.47	80.96	82.12	81.67	85.46
LT Debt/Equity	382.29	317.18	425.29	402.33	548.9
Long-Term Debt / Total Capital	78.48	60.38	76.03	73.77	79.8
Total Liabilities / Total Assets	79.8	81.79	82.42	81.85	85.59
EBIT / Interest Expense	2.05	2.45	1.6	0.57	0.3
EBITDA / Interest Expense	2.15	2.52	1.65	0.6	0.33
(EBITDA - Capex) / Interest Expense	2.13	2.5	1.63	0.6	0.33
Total Debt / EBITDA	31.75	21.26	26.05	37.12	60.14
Net Debt / EBITDA	28.31	20.72	25.25	35.67	58.78
Total Debt / (EBITDA - Capex)	31.99	21.4	26.37	37.19	60.16
Net Debt / (EBITDA - Capex)	28.53	20.86	25.55	35.74	58.8
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-62.21	156.44	16.32	-29.7	10.6
Gross Profit, 1 Yr. Growth %	-30.85	60.99	2.19	-22.57	-30.66
EBITDA, 1 Yr. Growth %	-45.54	91.16	-5.98	-34.33	-45.17
EBITA, 1 Yr. Growth %	-46.74	92.84	-5.76	-34.27	-45.26
EBIT, 1 Yr. Growth %	-46.74	92.84	-5.76	-34.27	-45.26
Earnings From Cont. Operations, 1 Yr. Growth %	-66.2	240.94	-13.21	-232.84	158.4
Net Income, 1 Yr. Growth %	-66.28	240.23	-13.09	-232.85	156.53
Normalized Net Income, 1 Yr. Growth %	-61.72	136.89	46.79	-157.05	15.64
Diluted EPS Before Extra, 1 Yr. Growth %	-69.87	184.92	-13.09	-229.35	69.23
Accounts Receivable, 1 Yr. Growth %	-84.33	18.93	183.17	47.2	-16.17
Inventory, 1 Yr. Growth %	37.16	27.19	7.22	-4.51	-11.7
Net Property, Plant and Equip., 1 Yr. Growth %	-18.57	-18.96	25.89	-2.92	-39.26
Total Assets, 1 Yr. Growth %	40.99	21.49	10.63	-4.46	-12.05
Tangible Book Value, 1 Yr. Growth %	40.9	9.61	6.86	-1.26	-29.88
Common Equity, 1 Yr. Growth %	40.86	9.61	6.85	-1.27	-29.89
Cash From Operations, 1 Yr. Growth %	421.98	-25.46	-52.89	-169.37	51.37
Capital Expenditures, 1 Yr. Growth %	-40.17	57.14	67.27	-89.67	-89.47
Levered Free Cash Flow, 1 Yr. Growth %	321.11	-27.79	-37.72	-132.1	206.39
Unlevered Free Cash Flow, 1 Yr. Growth %	353.97	-30	-42.58	-164.63	118.83
Dividend Per Share, 1 Yr. Growth %	-37.5	10	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-28.49	-1.56	72.71	-9.57	-11.83
Gross Profit, 2 Yr. CAGR %	-17.11	5.51	28.26	-11.04	-26.72
EBITDA, 2 Yr. CAGR %	-26.02	-1.77	33.77	-21.42	-39.99
EBITA, 2 Yr. CAGR %	-27.3	-1.17	34.48	-21.3	-40.01
EBIT, 2 Yr. CAGR %	-27.3	-1.17	34.48	-21.3	-40.01
Earnings From Cont. Operations, 2 Yr. CAGR %	-45.06	7.34	72.01	7.37	85.28
Net Income, 2 Yr. CAGR %	-45.12	7.12	71.96	7.45	84.61
Normalized Net Income, 2 Yr. CAGR %	-41.96	-9.3	86.47	-8.49	-18.78
Diluted EPS Before Extra, 2 Yr. CAGR %	-48.15	-7.34	57.36	6.03	47.95
Accounts Receivable, 2 Yr. CAGR %	-76.8	-56.83	83.52	104.16	11.09
Inventory, 2 Yr. CAGR %	37.39	32.08	16.78	1.19	-8.18
Net Property, Plant and Equip., 2 Yr. CAGR %	50.46	-18.77	1.01	10.55	-23.21
Total Assets, 2 Yr. CAGR %	31.04	30.88	15.93	2.81	-8.33
Tangible Book Value, 2 Yr. CAGR %	22.45	24.27	8.23	2.72	-16.79
Common Equity, 2 Yr. CAGR %	22.41	24.26	8.22	2.71	-16.8
Cash From Operations, 2 Yr. CAGR %	4.62	97.26	-40.74	-42.83	2.47
Capital Expenditures, 2 Yr. CAGR %	-45.31	-3.04	62.13	-58.44	-89.57
Levered Free Cash Flow, 2 Yr. CAGR %	4.16	74.62	-32.91	-55.29	-0.83
Unlevered Free Cash Flow, 2 Yr. CAGR %	3.83	78.5	-36.58	-39.08	18.93
Dividend Per Share, 2 Yr. CAGR %	-37.98	-17.08	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-24.98	9.46	4.07	27.99	-3.3
Gross Profit, 3 Yr. CAGR %	-11.63	3.42	4.39	8.41	-18.13
EBITDA, 3 Yr. CAGR %	-18.72	-1.02	-3.33	5.53	-30.3
EBITA, 3 Yr. CAGR %	-19.78	-1.03	-2.88	5.93	-30.27
EBIT, 3 Yr. CAGR %	-19.78	-1.03	-2.88	5.93	-30.27
Earnings From Cont. Operations, 3 Yr. CAGR %	-31.42	0.96	0	57.82	43.89
Net Income, 3 Yr. CAGR %	-31.51	0.81	-0.09	57.78	43.61
Normalized Net Income, 3 Yr. CAGR %	-30.76	-10.21	6.49	25.65	-1.07
Diluted EPS Before Extra, 3 Yr. CAGR %	-38.51	-8.5	-9.3	47.41	23.91
Accounts Receivable, 3 Yr. CAGR %	-8.17	-60	-19.19	70.51	51.75
Inventory, 3 Yr. CAGR %	49.8	33.9	23.21	9.2	-3.31
Net Property, Plant and Equip., 3 Yr. CAGR %	40.12	22.42	-5.99	-0.32	-9.46
Total Assets, 3 Yr. CAGR %	42.2	27.77	23.75	8.69	-2.4
Tangible Book Value, 3 Yr. CAGR %	36.55	18.01	18.17	4.97	-9.56
Common Equity, 3 Yr. CAGR %	36.46	17.98	18.16	4.96	-9.57
Cash From Operations, 3 Yr. CAGR %	94.09	-6.56	22.39	-37.54	-20.91
Capital Expenditures, 3 Yr. CAGR %	-42.95	-22.25	16.29	-35.25	-73.7
Levered Free Cash Flow, 3 Yr. CAGR %	100.15	-7.73	23.86	-47.53	-15.08
Unlevered Free Cash Flow, 3 Yr. CAGR %	110.15	-8.87	22.34	-36.18	-6.7
Dividend Per Share, 3 Yr. CAGR %	-30.66	-24.93	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.8	10.56	4.72	1.41	-2.61
Gross Profit, 5 Yr. CAGR %	18.29	12.67	2.57	-2.63	-9.39
EBITDA, 5 Yr. CAGR %	18.58	9.96	-2.29	-9.83	-20.12
EBITA, 5 Yr. CAGR %	17.74	9.82	-2.35	-9.78	-19.9
EBIT, 5 Yr. CAGR %	17.76	9.82	-2.35	-9.78	-19.9
Earnings From Cont. Operations, 5 Yr. CAGR %	21.04	17.79	-0.93	3.48	27.98
Net Income, 5 Yr. CAGR %	20.92	17.63	-1.02	3.42	27.72
Normalized Net Income, 5 Yr. CAGR %	24.02	10.26	0.92	-9.52	-4.45
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-10.45	-2.95	10.31
Accounts Receivable, 5 Yr. CAGR %	66.7	70.77	21.13	-23.23	-8.22
Inventory, 5 Yr. CAGR %	30.14	39.54	35.6	19.71	9.54
Net Property, Plant and Equip., 5 Yr. CAGR %	70.89	59.59	22.92	17.52	-13.3
Total Assets, 5 Yr. CAGR %	31.72	38.55	31.04	17.13	9.75
Tangible Book Value, 5 Yr. CAGR %	81.31	64.88	24.43	11.64	2.7
Common Equity, 5 Yr. CAGR %	81.28	64.88	24.37	11.62	2.69
Cash From Operations, 5 Yr. CAGR %	17.73	30.24	20.76	-23.23	14
Capital Expenditures, 5 Yr. CAGR %	0.88	17.08	-13.36	-39.48	-55.68
Levered Free Cash Flow, 5 Yr. CAGR %	19.33	39.8	29.33	-30.93	13.32
Unlevered Free Cash Flow, 5 Yr. CAGR %	19.53	33.62	30.21	-22.42	20.96
Dividend Per Share, 5 Yr. CAGR %	-71.53	-	-	-	-