Income Statement NSE

Stocks

ALNSE

FR0004065639

Electronic Equipment & Parts

Real-time Euronext Paris Other stock markets 09:55:01 2026-06-19 EDT			5-day change	1st Jan Change
51.00 ^EUR	+3.66%		+6.25%	+32.47%

05-27	NSE S.A. announces Annual dividend, payable on July 01, 2026	CI
04-29	NSE S.A. Reports Earnings Results for the Full Year Ended December 31, 2025	CI

db569d0d62f19.TLAMfBI4rJx5gDja14KezprDVJq70OLZWdrIMKED4gM.BodhKWgImq8m93_s5O_KgsKQZc70u4WdHK__cfZolTUN43QpSnvrxRfPSw

Published financial data: NSE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	66.62M	65.57M	76.99M	104M	110M
Other Revenues, Total	-	-	-	-	189K
Total Revenues	66.62M	65.57M	76.99M	104M	110M
Cost of Goods Sold, Total	22.88M	26.13M	36.19M	58.53M	55.88M
Gross Profit	43.74M	39.44M	40.8M	45.03M	53.86M
Selling General & Admin Expenses, Total	34.74M	33.09M	32.54M	33.6M	39.34M
Depreciation & Amortization - (IS)	2.38M	2.47M	2.89M	3.09M	3.76M
Other Operating Expenses	797K	502K	821K	1.44M	2.53M
Other Operating Expenses, Total	37.91M	36.06M	36.25M	38.13M	45.64M
Operating Income	5.83M	3.38M	4.55M	6.9M	8.22M
Interest Expense, Total	-206K	-192K	-241K	-196K	-481K
Interest And Investment Income	5K	3K	-	24K	-
Net Interest Expenses	-201K	-189K	-241K	-172K	-481K
Income (Loss) On Equity Invest.	-120K	358K	-91K	-1.17M	-302K
Currency Exchange Gains (Loss)	175K	221K	160K	73K	-
Other Non Operating Income (Expenses)	54K	-3K	-146K	-259K	-148K
EBT, Excl. Unusual Items	5.74M	3.76M	4.23M	5.38M	7.29M
Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-1K	414K	10K	-	-
Insurance Settlements	-	-	468K	-	-
Legal Settlements	-31K	-135K	-	-	-
Other Unusual Items	-	-58K	701K	2K	-
EBT, Incl. Unusual Items	5.71M	3.98M	5.41M	5.38M	7.29M
Income Tax Expense	1.62M	929K	1.28M	1.75M	1.96M
Earnings From Continuing Operations	4.08M	3.06M	4.13M	3.62M	5.34M
Net Income to Company	4.08M	3.06M	4.13M	3.62M	5.34M
Minority Interest	-	-	-	-	-
Net Income - (IS)	4.08M	3.06M	4.13M	3.62M	5.34M
Net Income to Common Incl Extra Items	4.08M	3.06M	4.13M	3.62M	5.34M
Net Income to Common Excl. Extra Items	4.08M	3.06M	4.13M	3.62M	5.34M
Per Share Items
Net EPS - Basic	1.29	0.96	1.3	1.14	1.62
Basic EPS - Continuing Operations	1.29	0.96	1.3	1.14	1.62
Basic Weighted Average Shares Outstanding	3.18M	3.17M	3.18M	3.17M	3.3M
Net EPS - Diluted	1.29	0.96	1.3	1.14	1.62
Diluted EPS - Continuing Operations	1.29	0.96	1.3	1.14	1.62
Diluted Weighted Average Shares Outstanding	3.18M	3.17M	3.18M	3.17M	3.3M
Normalized Basic EPS	1.13	0.74	0.83	1.06	1.38
Normalized Diluted EPS	1.13	0.74	0.83	1.06	1.38
Dividend Per Share	0.22	0.22	-	0.27	-
Payout Ratio	15.55	22.87	16.89	21.9	16.68
Supplemental Items
EBITDA	6.97M	4.73M	6.14M	8.43M	11.83M
EBITA	5.89M	3.42M	4.55M	6.9M	8.22M
EBIT	5.83M	3.38M	4.55M	6.9M	8.22M
EBITDAR	7.31M	5.1M	6.59M	8.8M	-
Effective Tax Rate - (Ratio)	28.44	23.31	23.6	32.61	26.86
Total Current Taxes	1.64M	752K	1.47M	1.84M	-
Total Deferred Taxes	-12K	176K	-192K	-89K	-
Normalized Net Income	3.59M	2.35M	2.64M	3.36M	4.56M
Interest on Long-Term Debt	46K	38K	89K	110K	-
Non-Cash Pension Expense	-	-230K	625K	176K	-
Supplemental Operating Expense Items
Advertising Expense	119K	134K	202K	132K	-
Selling and Marketing Expenses	119K	134K	202K	132K	-
Research And Development Expense From Footnotes	215K	166K	118K	115K	-
Net Rental Expense, Total	345K	372K	453K	371K	-
Imputed Operating Lease Interest Expense	62.46K	77.71K	134K	82.72K	-
Imputed Operating Lease Depreciation	283K	294K	319K	288K	-
Maintenance & Repair Expenses, Total	1.47M	1.5M	1.71M	399K	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	12.09M	6.42M	5.48M	8.6M	16.2M
Trading Asset Securities, Total	98K	92K	244K	5.51M	7.77M
Total Cash And Short Term Investments	12.19M	6.51M	5.72M	14.12M	23.97M
Accounts Receivable, Total	21.24M	22.12M	35.16M	32.69M	33.6M
Other Receivables	535K	1.82M	944K	393K	14K
Total Receivables	21.78M	23.94M	36.1M	33.08M	33.61M
Inventory	13.11M	12.43M	15.93M	17.71M	23.16M
Prepaid Expenses	664K	654K	561K	718K	-
Other Current Assets, Total	1.51M	1.6M	2.81M	2.9M	5.08M
Total Current Assets	49.25M	45.13M	61.13M	68.53M	85.82M
Gross Property Plant And Equipment	35.84M	36.95M	41.1M	43.49M	-
Accumulated Depreciation	-27.58M	-29.11M	-29.43M	-31.08M	-
Net Property Plant And Equipment	8.26M	7.84M	11.66M	12.41M	14.1M
Long-term Investments	529K	863K	757K	107K	621K
Goodwill	1.51M	1.51M	1.51M	1.51M	14.35M
Other Intangibles, Total	2.11M	2.26M	2.49M	3.1M	11.4M
Loans Receivable Long-Term	-	176K	174K	-	-
Deferred Tax Assets Long-Term	576K	327K	592K	706K	953K
Deferred Charges Long-Term	343K	262K	278K	510K	-
Other Long-Term Assets, Total	468K	390K	437K	393K	-
Total Assets	63.05M	58.76M	79.03M	87.26M	127M
Liabilities
Accounts Payable, Total	5.08M	5.03M	11.33M	9.04M	10.42M
Accrued Expenses, Total	6.5M	4.95M	7.33M	9.01M	-
Short-term Borrowings	13K	-	20K	-	3K
Current Portion of Long-Term Debt	1.88M	1.51M	1.14M	1.42M	5.04M
Current Portion of Leases	647K	551K	694K	794K	-
Current Income Taxes Payable	161K	309K	240K	422K	1.83M
Unearned Revenue Current, Total	7.56M	4.61M	12.08M	16.24M	-
Other Current Liabilities	586K	728K	689K	1.8M	30.33M
Total Current Liabilities	22.42M	17.68M	33.53M	38.72M	47.62M
Long-Term Debt	5M	3.54M	2.57M	1.9M	26.47M
Long-Term Leases	898K	673K	2.34M	3.19M	-
Deferred Tax Liability Non Current	-	-	-	-	1.55M
Other Non Current Liabilities	1.04M	837K	1.48M	1.72M	2.54M
Total Liabilities	29.36M	22.73M	39.92M	45.53M	78.18M
Common Stock, Total	5.23M	5.23M	5.23M	5.23M	5.23M
Retained Earnings	4.08M	3.06M	4.13M	3.62M	5.34M
Comprehensive Income and Other	24.36M	27.74M	29.75M	32.88M	38.5M
Total Common Equity	33.68M	36.03M	39.11M	41.74M	49.07M
Minority Interest	15K	-1K	-	-	-
Total Equity	33.69M	36.02M	39.11M	41.74M	49.07M
Total Liabilities And Equity	63.05M	58.76M	79.03M	87.26M	127M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.18M	3.17M	3.18M	3.17M	3.29M
ECS Total Common Shares Outstanding	3.18M	3.17M	3.18M	3.17M	3.29M
Book Value / Share	10.6	11.35	12.32	13.15	14.9
Tangible Book Value	30.06M	32.26M	35.11M	37.12M	23.32M
Tangible Book Value Per Share	9.46	10.16	11.06	11.69	7.08
Total Debt	8.43M	6.27M	6.76M	7.31M	31.52M
Net Debt	-3.75M	-240K	1.04M	-6.81M	7.54M
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.01M	777K	1.4M	1.57M	-
Debt Equivalent Oper. Leases	2.76M	2.98M	3.62M	2.97M	-
Minority Interest, Total (Incl. Fin. Div)	15K	-1K	-	-	-
Equity Method Investments, Total	529K	863K	757K	107K	209K
Account Code - Inventory Valuation	5	5	5	5	-
Inventories - Raw Materials, Total	9.77M	9.9M	11.99M	13.27M	-
Inventories - Work In Process, Total	6.23M	5.12M	6M	5.59M	-
Inventories - Finished Goods, Total	656K	719K	1.2M	2.32M	-
Land - (BS)	5.94M	6.11M	9.88M	7.1M	-
Machinery, Total	-	-	-	-	-
Full Time Employees	539	493	508	505	-
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	74K	105K	119K	211K	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	4.08M	3.06M	4.13M	3.62M	5.34M
Depreciation & Amortization - CF	1.95M	2.11M	2.47M	2.38M	3.61M
Amortization of Goodwill and Intangible Assets - (CF)	62K	41K	4K	-	-
Depreciation & Amortization, Total	2.02M	2.16M	2.47M	2.38M	3.61M
Amortization of Deferred Charges, Total - (CF)	362K	348K	416K	450K	-
(Gain) Loss From Sale Of Asset	-	-415K	-16K	5K	-132K
(Income) Loss On Equity Investments - (CF)	120K	-358K	91K	1.17M	302K
Other Operating Activities, Total	-245K	-163K	-885K	845K	710K
Change in Other Net Operating Assets	8.92M	-5.37M	655K	5.73M	-2.56M
Cash from Operations	15.26M	-746K	6.87M	14.2M	7.26M
Capital Expenditure	-3.05M	-1.77M	-4.43M	-2.93M	-4.09M
Sale of Property, Plant, and Equipment	-	475K	-	-	-
Cash Acquisitions	-1.86M	-19K	-	-	-19.34M
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	5K	-	-	-	121K
Net (Increase) Decrease in Loans Originated / Sold - Investing	79K	-110K	-47K	-627K	4K
Other Investing Activities, Total	-	9K	-	-	-
Cash from Investing	-4.82M	-1.42M	-4.48M	-3.56M	-23.3M
Long-Term Debt Issued, Total	3.2M	140K	684K	1.05M	25.2M
Total Debt Issued	3.2M	140K	684K	1.05M	25.2M
Long-Term Debt Repaid, Total	-5.05M	-2.65M	-2.74M	-2.26M	-2.49M
Total Debt Repaid	-5.05M	-2.65M	-2.74M	-2.26M	-2.49M
Issuance of Common Stock	420K	-	-	-	4.7M
Repurchase of Common Stock	-	-30K	-	-	-
Common Dividends Paid	-635K	-699K	-698K	-794K	-890K
Common & Preferred Stock Dividends Paid	-635K	-699K	-698K	-794K	-890K
Other Financing Activities, Total	-201K	-181K	-397K	-172K	-333K
Cash from Financing	-2.26M	-3.42M	-3.15M	-2.17M	26.18M
Foreign Exchange Rate Adjustments	87K	-80K	-44K	-52K	-292K
Net Change in Cash	8.26M	-5.66M	-812K	8.42M	9.85M
Supplemental Items
Cash Income Tax Paid (Refund)	1.75M	1.3M	2.06M	1.61M	-
Levered Free Cash Flow	10.59M	-3.09M	414K	9.91M	2.99M
Unlevered Free Cash Flow	10.72M	-2.97M	564K	10.04M	3.29M
Change In Net Working Capital	-7.75M	5.82M	734K	-5.82M	1.36M
Net Debt Issued / Repaid	-1.85M	-2.51M	-2.06M	-1.21M	22.71M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.72	3.47	4.13	5.19	4.79
Return on Total Capital	8.82	5	6.45	9.09	7.93
Return On Equity %	12.67	8.77	11	8.97	11.75
Return on Common Equity	12.99	8.77	11	8.97	11.75
Margin Analysis
Gross Profit Margin %	65.66	60.15	53	43.48	49.08
SG&A Margin	52.14	50.47	42.27	32.45	35.85
EBITDA Margin %	10.46	7.21	7.97	8.14	10.78
EBITA Margin %	8.84	5.21	5.91	6.67	7.49
EBIT Margin %	8.75	5.15	5.91	6.67	7.49
Income From Continuing Operations Margin %	6.13	4.66	5.37	3.5	4.86
Net Income Margin %	6.13	4.66	5.37	3.5	4.86
Net Avail. For Common Margin %	6.13	4.66	5.37	3.5	4.86
Normalized Net Income Margin	5.38	3.59	3.43	3.24	4.15
Levered Free Cash Flow Margin	15.9	-4.71	0.54	9.57	2.73
Unlevered Free Cash Flow Margin	16.09	-4.53	0.73	9.69	3
Asset Turnover
Asset Turnover	1.04	1.08	1.12	1.25	1.02
Fixed Assets Turnover	8.24	8.14	7.9	8.6	8.28
Receivables Turnover (Average Receivables)	2.55	3.02	2.69	3.05	3.31
Inventory Turnover (Average Inventory)	1.7	2.05	2.55	3.48	2.73
Short Term Liquidity
Current Ratio	2.2	2.55	1.82	1.77	1.8
Quick Ratio	1.51	1.72	1.25	1.22	1.21
Operating Cash Flow to Current Liabilities	0.68	-0.04	0.2	0.37	0.15
Days Sales Outstanding (Average Receivables)	143.07	120.7	135.78	119.9	110.43
Days Outstanding Inventory (Average Inventory)	215.3	178.39	143.03	105.19	133.49
Average Days Payable Outstanding	104.95	72.49	75.23	61.8	57.91
Cash Conversion Cycle (Average Days)	253.42	226.61	203.58	163.29	186.01
Long Term Solvency
Total Debt/Equity	25.03	17.41	17.28	17.51	64.23
Total Debt / Total Capital	20.02	14.83	14.73	14.9	39.11
LT Debt/Equity	17.5	11.69	12.55	12.21	53.95
Long-Term Debt / Total Capital	14	9.96	10.7	10.39	32.85
Total Liabilities / Total Assets	46.56	38.69	50.51	52.17	61.44
EBIT / Interest Expense	28.31	17.59	18.88	35.22	17.1
EBITDA / Interest Expense	38.09	28.81	29.13	47.36	24.6
(EBITDA - Capex) / Interest Expense	23.28	19.59	10.74	32.41	16.09
Total Debt / EBITDA	1.07	1.13	0.96	0.79	2.66
Net Debt / EBITDA	-0.48	-0.04	0.15	-0.73	0.64
Total Debt / (EBITDA - Capex)	1.76	1.67	2.61	1.15	4.07
Net Debt / (EBITDA - Capex)	-0.78	-0.06	0.4	-1.07	0.97
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-5.37	-1.59	17.42	34.51	5.97
Gross Profit, 1 Yr. Growth %	1	-9.85	3.47	10.36	19.61
EBITDA, 1 Yr. Growth %	-13.61	-33.7	25.85	31.03	40.36
EBITA, 1 Yr. Growth %	-16.34	-43.6	27.79	42.33	19.15
EBIT, 1 Yr. Growth %	-11.07	-42.29	34.71	51.75	19.15
Earnings From Cont. Operations, 1 Yr. Growth %	-6.27	-25.17	35.24	-12.29	47.17
Net Income, 1 Yr. Growth %	3.31	-25.17	35.24	-12.29	47.17
Normalized Net Income, 1 Yr. Growth %	7.34	-34.65	12.41	27.09	35.65
Diluted EPS Before Extra, 1 Yr. Growth %	2.41	-25.13	35.18	-12.25	41.77
Accounts Receivable, 1 Yr. Growth %	-31.44	4.13	58.94	-7.02	2.78
Inventory, 1 Yr. Growth %	-5.52	-5.22	28.18	11.16	30.77
Net Property, Plant and Equip., 1 Yr. Growth %	4.48	-5.14	48.83	6.36	13.69
Total Assets, 1 Yr. Growth %	-2.23	-6.8	34.5	10.42	45.82
Tangible Book Value, 1 Yr. Growth %	15.54	7.31	8.86	5.73	-37.19
Common Equity, 1 Yr. Growth %	15.37	6.97	8.57	6.71	17.56
Cash From Operations, 1 Yr. Growth %	774.21	-104.89	-1.02K	106.8	-48.84
Capital Expenditures, 1 Yr. Growth %	46.85	-41.97	150.45	-33.9	39.66
Levered Free Cash Flow, 1 Yr. Growth %	2.04K	-129.15	-113.22	2.3K	-69.82
Unlevered Free Cash Flow, 1 Yr. Growth %	1.51K	-127.69	-118.75	1.68K	-67.19
Dividend Per Share, 1 Yr. Growth %	10	0	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-6.39	-3.5	7.5	25.68	19.39
Gross Profit, 2 Yr. CAGR %	-4.44	-4.58	-3.42	6.86	14.9
EBITDA, 2 Yr. CAGR %	-13.74	-23.41	-7.27	31.49	35.61
EBITA, 2 Yr. CAGR %	-16.25	-30.34	-13.32	39.19	30.23
EBIT, 2 Yr. CAGR %	-14.59	-28.24	-11.83	42.97	34.47
Earnings From Cont. Operations, 2 Yr. CAGR %	-16.89	-16.25	0.6	8.91	13.61
Net Income, 2 Yr. CAGR %	-16.48	-12.07	0.6	8.91	13.61
Normalized Net Income, 2 Yr. CAGR %	-11.17	-16.1	-14.29	19.52	31.3
Diluted EPS Before Extra, 2 Yr. CAGR %	-16.88	-12.43	0.6	8.91	11.54
Accounts Receivable, 2 Yr. CAGR %	-5.46	-15.51	28.65	21.56	-2.24
Inventory, 2 Yr. CAGR %	-9.27	-5.37	10.23	19.37	20.56
Net Property, Plant and Equip., 2 Yr. CAGR %	2.59	-0.45	18.82	25.81	9.96
Total Assets, 2 Yr. CAGR %	3.62	-4.55	11.96	21.87	26.89
Tangible Book Value, 2 Yr. CAGR %	15.17	11.35	8.08	7.28	-18.51
Common Equity, 2 Yr. CAGR %	14.36	11.09	7.77	7.63	12
Cash From Operations, 2 Yr. CAGR %	27.18	-34.62	-32.91	336.27	2.86
Capital Expenditures, 2 Yr. CAGR %	51.61	-7.69	20.56	28.66	-3.92
Levered Free Cash Flow, 2 Yr. CAGR %	36.34	149.81	-80.25	78.01	168.99
Unlevered Free Cash Flow, 2 Yr. CAGR %	34.08	111.52	-77.07	82.64	141.59
Dividend Per Share, 2 Yr. CAGR %	-	4.88	-	10.78	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.04	-4.82	3.03	15.84	18.73
Gross Profit, 3 Yr. CAGR %	4.52	-6.28	-1.97	0.97	10.95
EBITDA, 3 Yr. CAGR %	21.71	-20.35	-8.71	5.72	34.38
EBITA, 3 Yr. CAGR %	32.4	-25.9	-13.54	4.44	32.16
EBIT, 3 Yr. CAGR %	31.94	-24.97	-11.47	5.66	34.55
Earnings From Cont. Operations, 3 Yr. CAGR %	56.28	-19.75	-1.74	-3.9	20.41
Net Income, 3 Yr. CAGR %	55.51	-19.49	1.5	-3.9	20.41
Normalized Net Income, 3 Yr. CAGR %	46.92	-19.71	-7.5	-2.27	24.67
Diluted EPS Before Extra, 3 Yr. CAGR %	54.98	-19.73	1.2	-3.88	18.92
Accounts Receivable, 3 Yr. CAGR %	-0.93	-2.37	4.3	15.45	14.95
Inventory, 3 Yr. CAGR %	-5.02	-7.94	4.71	10.54	23.05
Net Property, Plant and Equip., 3 Yr. CAGR %	13.89	-0.06	13.83	14.51	21.63
Total Assets, 3 Yr. CAGR %	4.66	0.02	7.01	11.44	29.38
Tangible Book Value, 3 Yr. CAGR %	21.28	12.48	10.51	7.29	-10.25
Common Equity, 3 Yr. CAGR %	18.52	11.84	10.24	7.41	10.85
Cash From Operations, 3 Yr. CAGR %	85.16	-57.07	57.87	-2.36	113.54
Capital Expenditures, 3 Yr. CAGR %	44.26	10.08	28.75	-1.33	32.23
Levered Free Cash Flow, 3 Yr. CAGR %	105.88	-18.44	-5.84	-2.22	-1.47
Unlevered Free Cash Flow, 3 Yr. CAGR %	86.04	-20.72	-5.29	-2.21	3.06
Dividend Per Share, 3 Yr. CAGR %	-	-	-	7.06	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.19	0.46	2.91	6.37	9.28
Gross Profit, 5 Yr. CAGR %	3.16	1.82	1.27	-1.23	4.46
EBITDA, 5 Yr. CAGR %	14.8	13.22	9.69	-2.08	7.97
EBITA, 5 Yr. CAGR %	25.21	26.27	12.39	-3.85	3.15
EBIT, 5 Yr. CAGR %	31.82	36.03	12.37	-2.89	4.64
Earnings From Cont. Operations, 5 Yr. CAGR %	41.93	214.07	31.03	-9.32	4.13
Net Income, 5 Yr. CAGR %	34.96	110.47	30.64	-9.14	6.18
Normalized Net Income, 5 Yr. CAGR %	38.21	126.17	18.51	-5.86	4.01
Diluted EPS Before Extra, 5 Yr. CAGR %	35.18	110.85	30.38	-9.31	5.22
Accounts Receivable, 5 Yr. CAGR %	4.38	1.92	9.99	6.58	1.63
Inventory, 5 Yr. CAGR %	-3.92	-3.84	0.81	2.14	10.78
Net Property, Plant and Equip., 5 Yr. CAGR %	1.24	2.78	15.84	9.58	12.27
Total Assets, 5 Yr. CAGR %	2.66	1.1	7.52	8.24	14.56
Tangible Book Value, 5 Yr. CAGR %	14.73	15.61	15.82	10.37	-2.17
Common Equity, 5 Yr. CAGR %	12.19	13.46	14.09	10.14	10.94
Cash From Operations, 5 Yr. CAGR %	45.94	-17.42	23.36	8.53	33.01
Capital Expenditures, 5 Yr. CAGR %	12.1	2.32	34.26	17.17	14.52
Levered Free Cash Flow, 5 Yr. CAGR %	73.51	170.74	-19.37	11.71	43.29
Unlevered Free Cash Flow, 5 Yr. CAGR %	106.81	58.38	-19.46	10.97	37.74