Income Statement Novatech Industries

Stocks

MLNOV

FR0000185464

Semiconductors

Market Closed - Euronext Paris 11:55:00 2026-10-05 EDT			5-day change	1st Jan Change
13.20 ^EUR	0.00%		+0.76%	-33.33%

06-29	Novatech Industries Reports Earnings Results for the Full Year Ended December 31, 2025	CI
25-07-08	Novatech Industries Reports Earnings Results for the Full Year Ended December 31, 2024	CI

b747a67a7352ceec8b517ef883.mVpRRGzyfxJjygGo4InH8h4jsByHRIWEj_V5N7J9SHc.0AUSaSqjKiAniTb6rcOynX9O20zdIMHqyYMRRopNCzWtCGJ0J7ATIhCMTA

Published financial data: NOVATECH INDUSTRIES

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Revenues	47.69M	51.43M	64.52M	63.39M	69.44M
Total Revenues	47.69M	51.43M	64.52M	63.39M	69.44M
Cost of Goods Sold, Total	32.56M	38.6M	47.76M	46.6M	44.17M
Gross Profit	15.13M	12.83M	16.77M	16.79M	25.27M
Selling General & Admin Expenses, Total	12.12M	13.49M	15.1M	16.39M	16.36M
Depreciation & Amortization - (IS)	958K	1.25M	1.43M	1.38M	1.57M
Other Operating Expenses	203K	-1.43M	-3.01M	-1.63M	8.31M
Other Operating Expenses, Total	13.28M	13.31M	13.51M	16.14M	26.24M
Operating Income	1.85M	-487K	3.26M	656K	-966K
Interest Expense, Total	-174K	-208K	-363K	-269K	-163K
Interest And Investment Income	2K	1K	4K	9K	11K
Net Interest Expenses	-172K	-207K	-359K	-260K	-152K
Other Non Operating Income (Expenses)	-128K	-29K	-	1K	-
EBT, Excl. Unusual Items	1.55M	-723K	2.9M	397K	-1.12M
Other Unusual Items	261K	136K	7K	-76K	-125K
EBT, Incl. Unusual Items	1.81M	-587K	2.9M	321K	-1.24M
Income Tax Expense	-444K	-115K	588K	7K	-
Earnings From Continuing Operations	2.25M	-472K	2.32M	314K	-1.24M
Net Income to Company	2.25M	-472K	2.32M	314K	-1.24M
Minority Interest	-168K	18K	-253K	-11K	127K
Net Income - (IS)	2.08M	-454K	2.06M	303K	-1.12M
Net Income to Common Incl Extra Items	2.08M	-454K	2.06M	303K	-1.12M
Net Income to Common Excl. Extra Items	2.08M	-454K	2.06M	303K	-1.12M
Per Share Items
Net EPS - Basic	2.06	-0.45	2.04	0.3	-1.1
Basic EPS - Continuing Operations	2.06	-0.45	2.04	0.3	-1.1
Basic Weighted Average Shares Outstanding	1.01M	1.01M	1.01M	1.01M	1.01M
Net EPS - Diluted	2.06	-0.45	2.04	0.3	-1.1
Diluted EPS - Continuing Operations	2.06	-0.45	2.04	0.3	-1.1
Diluted Weighted Average Shares Outstanding	1.01M	1.01M	1.01M	1.01M	1.01M
Normalized Basic EPS	0.79	-0.43	1.54	0.23	-0.56
Normalized Diluted EPS	0.79	-0.43	1.54	0.23	-0.56
Supplemental Items
EBITDA	2.64M	555K	4.21M	1.95M	617K
EBITA	1.85M	-487K	3.26M	656K	-966K
EBIT	1.85M	-487K	3.26M	656K	-966K
EBITDAR	3.03M	1.03M	4.8M	2.57M	-
Effective Tax Rate - (Ratio)	-24.54	19.59	20.25	2.18	-
Total Current Taxes	-	-115K	271K	23K	-
Total Deferred Taxes	-	-	317K	-16K	-
Normalized Net Income	800K	-434K	1.56M	237K	-572K
Non-Cash Pension Expense	-	-	180K	23K	62K
Supplemental Operating Expense Items
Net Rental Expense, Total	386K	475K	596K	620K	-
Imputed Operating Lease Interest Expense	54.62K	95.67K	285K	315K	-
Imputed Operating Lease Depreciation	331K	379K	311K	305K	-

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Cash And Equivalents	7.4M	5.59M	4.26M	5.96M	9.5M
Short Term Investments	40K	40K	40K	40K	40K
Total Cash And Short Term Investments	7.44M	5.63M	4.3M	6M	9.54M
Accounts Receivable, Total	2.29M	4.73M	6.46M	5.23M	5.15M
Other Receivables	2.32M	2.35M	5.24M	6.54M	5.12M
Total Receivables	4.61M	7.08M	11.69M	11.77M	10.26M
Inventory	17.3M	31.1M	35.24M	35.75M	25.48M
Prepaid Expenses	101K	93K	198K	179K	219K
Deferred Tax Assets Current	649K	649K	333K	349K	349K
Other Current Assets, Total	883K	-1K	-	-	-
Total Current Assets	30.98M	44.54M	51.76M	54.05M	45.86M
Gross Property Plant And Equipment	12.56M	13.62M	13.44M	14.87M	16M
Accumulated Depreciation	-9.34M	-10.23M	-10.09M	-11.2M	-12.23M
Net Property Plant And Equipment	3.22M	3.38M	3.35M	3.67M	3.76M
Other Intangibles, Total	152K	118K	64K	73K	59K
Loans Receivable Long-Term	1.39M	1.07M	1.21M	1.21M	1.21M
Other Long-Term Assets, Total	-	1K	1K	-	-
Total Assets	35.74M	49.12M	56.38M	59.01M	50.89M
Liabilities
Accounts Payable, Total	8.78M	12.82M	13.88M	13.44M	11.44M
Accrued Expenses, Total	1.52M	1.7M	2.19M	2.3M	-
Short-term Borrowings	4K	4K	4K	4K	5K
Current Income Taxes Payable	387K	313K	1.14M	1.08M	3.73M
Other Current Liabilities	3K	2K	1K	1K	-
Total Current Liabilities	10.69M	14.85M	17.21M	16.82M	15.17M
Long-Term Debt	9.27M	7.25M	4.91M	2.8M	989K
Long-Term Leases	-	-	-	747K	1.16M
Unearned Revenue Non Current	-	-	-	-	1.05M
Pension & Other Post Retirement Benefits	1.31M	1.34M	1.28M	1.2M	1.26M
Other Non Current Liabilities	4.9M	16.61M	21.66M	25.86M	20.98M
Total Liabilities	26.16M	40.04M	45.06M	47.44M	40.61M
Common Stock, Total	2.02M	2.02M	2.02M	2.02M	2.02M
Retained Earnings	2.29M	-252K	2.26M	505K	-914K
Comprehensive Income and Other	4.53M	6.6M	6.06M	8.06M	8.32M
Total Common Equity	8.84M	8.36M	10.35M	10.59M	9.43M
Minority Interest	737K	719K	972K	983K	856K
Total Equity	9.57M	9.08M	11.32M	11.57M	10.28M
Total Liabilities And Equity	35.74M	49.12M	56.38M	59.01M	50.89M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.01M	1.01M	1.01M	1.01M	1.01M
ECS Total Common Shares Outstanding	1.01M	1.01M	1.01M	1.01M	1.01M
Book Value / Share	8.75	8.29	10.24	10.48	9.33
Tangible Book Value	8.68M	8.25M	10.28M	10.51M	9.37M
Tangible Book Value Per Share	8.6	8.17	10.18	10.4	9.27
Total Debt	9.27M	7.25M	4.91M	3.55M	2.15M
Net Debt	1.84M	1.62M	613K	-2.45M	-7.39M
Debt Equivalent Oper. Leases	3.09M	3.8M	4.77M	4.96M	-
Minority Interest, Total (Incl. Fin. Div)	737K	719K	972K	983K	856K
Account Code - Inventory Valuation	6	-	6	6	6
Inventories - Raw Materials, Total	16.08M	28.18M	29.44M	27.95M	20.09M
Inventories - Work In Process, Total	2.64M	4.4M	7.42M	9.55M	7.46M
Land - (BS)	196K	196K	196K	196K	159K
Buildings, Total	1.22M	1.47M	1.51M	1.54M	1.21M
Machinery, Total	9.66M	10.37M	10.05M	11.36M	8.74M
Full Time Employees	298	-	363	367	376
Assets under Capital Lease - Gross	-	-	-	-	4.18M
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-3.52M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	2.08M	-454K	2.06M	303K	-1.12M
Depreciation & Amortization - CF	792K	1.04M	953K	1.3M	1.58M
Depreciation & Amortization, Total	792K	1.04M	953K	1.3M	1.58M
Amortization of Deferred Charges, Total - (CF)	85K	86K	71K	48K	35K
(Gain) Loss From Sale Of Asset	-	-	-80K	-71K	-
Other Operating Activities, Total	-747K	-18K	571K	-4K	-127K
Change in Other Net Operating Assets	-1.16M	354K	-1.42M	2.98M	5.76M
Cash from Operations	1.06M	1.01M	2.16M	4.55M	6.14M
Capital Expenditure	-767K	-1.15M	-1.06M	-1.53M	-1.21M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-41K
Other Investing Activities, Total	400K	-	-	-	-
Cash from Investing	-367K	-1.15M	-1.06M	-1.53M	-1.26M
Long-Term Debt Issued, Total	4K	-	-	1.1M	769K
Total Debt Issued	4K	-	-	1.1M	769K
Long-Term Debt Repaid, Total	-1.13M	-2.02M	-2.34M	-2.46M	-2.17M
Total Debt Repaid	-1.13M	-2.02M	-2.34M	-2.46M	-2.17M
Other Financing Activities, Total	-208K	354K	-88K	45K	52K
Cash from Financing	-1.34M	-1.67M	-2.43M	-1.31M	-1.35M
Miscellaneous Cash Flow Adjustments	-1K	1K	-2K	-	1K
Net Change in Cash	-644K	-1.81M	-1.32M	1.7M	3.54M
Supplemental Items
Levered Free Cash Flow	-3.07M	-11.68M	-4.4M	-918K	9.78M
Unlevered Free Cash Flow	-2.96M	-11.55M	-4.17M	-750K	9.88M
Change In Net Working Capital	4.23M	11.22M	6.18M	973K	-10.08M
Net Debt Issued / Repaid	-1.13M	-2.02M	-2.34M	-1.36M	-1.4M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	3.54	-0.72	3.86	0.71	-1.1
Return on Total Capital	6.39	-1.73	12.49	2.62	-4.38
Return On Equity %	27.32	-5.06	22.69	2.74	-11.38
Return on Common Equity	27.45	-5.28	22.04	2.89	-11.15
Margin Analysis
Gross Profit Margin %	31.72	24.94	25.99	26.49	36.39
SG&A Margin	25.41	26.23	23.39	25.86	23.55
EBITDA Margin %	5.54	1.08	6.52	3.08	0.89
EBITA Margin %	3.87	-0.95	5.04	1.03	-1.39
EBIT Margin %	3.87	-0.95	5.04	1.03	-1.39
Income From Continuing Operations Margin %	4.72	-0.92	3.59	0.5	-1.79
Net Income Margin %	4.37	-0.88	3.2	0.48	-1.61
Net Avail. For Common Margin %	4.37	-0.88	3.2	0.48	-1.61
Normalized Net Income Margin	1.68	-0.84	2.41	0.37	-0.82
Levered Free Cash Flow Margin	-6.44	-22.71	-6.82	-1.45	14.08
Unlevered Free Cash Flow Margin	-6.21	-22.46	-6.47	-1.18	14.23
Asset Turnover
Asset Turnover	1.46	1.21	1.22	1.1	1.26
Fixed Assets Turnover	14.57	15.58	19.16	18.04	18.67
Receivables Turnover (Average Receivables)	17.04	14.65	11.53	10.85	13.38
Inventory Turnover (Average Inventory)	2.32	1.6	1.44	1.31	1.44
Short Term Liquidity
Current Ratio	2.9	3	3.01	3.21	3.02
Quick Ratio	1.13	0.86	0.93	1.06	1.31
Operating Cash Flow to Current Liabilities	0.1	0.07	0.13	0.27	0.4
Days Sales Outstanding (Average Receivables)	21.42	24.91	31.64	33.75	27.28
Days Outstanding Inventory (Average Inventory)	157.49	228.8	253.49	278.77	252.99
Average Days Payable Outstanding	71.06	75.23	93.9	106.09	133.87
Cash Conversion Cycle (Average Days)	107.85	178.48	191.24	206.43	146.4
Long Term Solvency
Total Debt/Equity	96.85	79.82	43.4	30.71	20.93
Total Debt / Total Capital	49.2	44.39	30.26	23.5	17.31
LT Debt/Equity	96.8	79.78	43.36	30.68	20.88
Long-Term Debt / Total Capital	49.18	44.36	30.24	23.47	17.27
Total Liabilities / Total Assets	73.21	81.51	79.93	80.39	79.79
EBIT / Interest Expense	10.62	-2.34	8.97	2.44	-5.93
EBITDA / Interest Expense	15.17	2.67	11.59	7.26	3.79
(EBITDA - Capex) / Interest Expense	10.76	-2.88	8.68	1.57	-3.66
Total Debt / EBITDA	3.51	13.06	1.17	1.82	3.49
Net Debt / EBITDA	0.7	2.93	0.15	-1.25	-11.98
Total Debt / (EBITDA - Capex)	4.95	-12.11	1.56	8.44	-3.61
Net Debt / (EBITDA - Capex)	0.98	-2.71	0.19	-5.82	12.38
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.52	7.83	25.47	-1.75	9.55
Gross Profit, 1 Yr. Growth %	16.39	-15.22	30.72	0.14	11.94
EBITDA, 1 Yr. Growth %	101.68	-78.98	658.2	-53.56	-68.44
EBITA, 1 Yr. Growth %	250	-126.35	-768.38	-79.85	-247.03
EBIT, 1 Yr. Growth %	250	-126.35	-768.38	-79.85	-247.03
Earnings From Cont. Operations, 1 Yr. Growth %	1.19K	-120.95	-590.47	-86.44	-497.12
Net Income, 1 Yr. Growth %	2.8K	-121.77	-554.18	-85.31	-469.54
Normalized Net Income, 1 Yr. Growth %	1.03K	-154.27	-458.86	-84.77	-341.75
Diluted EPS Before Extra, 1 Yr. Growth %	2.84K	-121.84	-553.33	-85.29	-466.67
Accounts Receivable, 1 Yr. Growth %	-30.86	106.82	36.43	-18.93	-1.64
Inventory, 1 Yr. Growth %	60.12	79.76	13.32	1.46	-28.72
Net Property, Plant and Equip., 1 Yr. Growth %	-3.28	5.16	-0.95	9.61	2.45
Total Assets, 1 Yr. Growth %	20.88	37.45	14.79	4.66	-13.75
Tangible Book Value, 1 Yr. Growth %	40.94	-5.04	24.69	2.24	-10.87
Common Equity, 1 Yr. Growth %	39.1	-5.34	23.69	2.31	-10.93
Cash From Operations, 1 Yr. Growth %	26.34	-4.72	114.06	110.5	34.92
Capital Expenditures, 1 Yr. Growth %	-12.54	50.46	-8.49	45.17	-20.81
Levered Free Cash Flow, 1 Yr. Growth %	-	280.47	-62.31	-79.14	-1.17K
Unlevered Free Cash Flow, 1 Yr. Growth %	-	290.05	-63.85	-82.03	-1.42K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	8.17	16.31	11.02	3.74
Gross Profit, 2 Yr. CAGR %	-	-0.66	5.27	14.42	22.77
EBITDA, 2 Yr. CAGR %	-	-34.89	26.25	87.64	-61.71
EBITA, 2 Yr. CAGR %	-	-3.96	32.72	16.06	-45.52
EBIT, 2 Yr. CAGR %	-	-3.96	32.72	16.06	-45.52
Earnings From Cont. Operations, 2 Yr. CAGR %	-	64.23	1.37	-18.44	-26.72
Net Income, 2 Yr. CAGR %	-	151.11	-0.55	-18.31	-26.43
Normalized Net Income, 2 Yr. CAGR %	-	147.64	39.55	-26.07	-39.4
Diluted EPS Before Extra, 2 Yr. CAGR %	-	153.55	-0.49	-18.35	-26.57
Accounts Receivable, 2 Yr. CAGR %	-	19.58	67.98	5.17	-10.7
Inventory, 2 Yr. CAGR %	-	69.66	42.73	7.22	-14.96
Net Property, Plant and Equip., 2 Yr. CAGR %	-	0.85	2.06	4.2	5.97
Total Assets, 2 Yr. CAGR %	-	28.9	25.61	9.6	-4.99
Tangible Book Value, 2 Yr. CAGR %	-	15.69	8.81	12.91	-4.54
Common Equity, 2 Yr. CAGR %	-	14.75	8.21	12.49	-4.54
Cash From Operations, 2 Yr. CAGR %	-	9.72	42.82	112.27	68.52
Capital Expenditures, 2 Yr. CAGR %	-	14.71	17.34	15.26	7.22
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	19.74	-71.96	49.04
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	18.74	-74.52	53.83
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	13.66	9.95	10.53
Gross Profit, 3 Yr. CAGR %	-	-	8.86	3.54	25.36
EBITDA, 3 Yr. CAGR %	-	-	47.59	-9.54	3.59
EBITA, 3 Yr. CAGR %	-	-	83.36	-29.19	25.65
EBIT, 3 Yr. CAGR %	-	-	83.36	-29.19	25.65
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	136.5	-48.15	38.09
Net Income, 3 Yr. CAGR %	-	-	205.95	-47.43	34.96
Normalized Net Income, 3 Yr. CAGR %	-	-	180.23	-33.31	9.63
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	207.74	-47.39	34.71
Accounts Receivable, 3 Yr. CAGR %	-	-	24.96	31.76	2.85
Inventory, 3 Yr. CAGR %	-	-	48.3	27.38	-6.42
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	0.25	4.52	3.61
Total Assets, 3 Yr. CAGR %	-	-	24.01	18.2	1.19
Tangible Book Value, 3 Yr. CAGR %	-	-	18.61	6.57	4.35
Common Equity, 3 Yr. CAGR %	-	-	17.66	6.2	4.07
Cash From Operations, 3 Yr. CAGR %	-	-	37.1	62.53	82.51
Capital Expenditures, 3 Yr. CAGR %	-	-	6.39	25.96	1.7
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-33.12	-5.75
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-36.73	-5.07
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	9.58
Gross Profit, 5 Yr. CAGR %	-	-	-	-	14.22
EBITDA, 5 Yr. CAGR %	-	-	-	-	-13.97
EBITA, 5 Yr. CAGR %	-	-	-	-	12.84
EBIT, 5 Yr. CAGR %	-	-	-	-	12.84
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	48.01
Net Income, 5 Yr. CAGR %	-	-	-	-	73.01
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	51.88
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	73.48
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	9.24
Inventory, 5 Yr. CAGR %	-	-	-	-	18.73
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	2.5
Total Assets, 5 Yr. CAGR %	-	-	-	-	11.48
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	8.74
Common Equity, 5 Yr. CAGR %	-	-	-	-	8.22
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	48.9
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	6.72