Suspension of trading

Cash flow SAMM AS

Stocks

6EK0

DK0061551033

Software

Market Closed - Deutsche Boerse AG 03:15:01 2024-01-18 EST			5-day change	1st Jan Change
0.1640 ^EUR	+5.81%		-.--%	-

25-01-06

Samesystem A/S Reports Earnings Results for the Full Year Ended September 30, 2024

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Published financial data: SAMM AS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020 (DKK)	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)
Revenues	30.17M	32.38M	43.03M	48.25M	40.12M
Total Revenues	30.17M	32.38M	43.03M	48.25M	40.12M
Cost of Goods Sold, Total	12.12M	30.33M	51.05M	32.84M	41.76M
Gross Profit	18.05M	2.05M	-8.02M	15.4M	-1.64M
Selling General & Admin Expenses, Total	10.1M	24.1M	20.43M	15.06M	-
Depreciation & Amortization - (IS)	4.78M	5.84M	7.57M	7.54M	6.21M
Other Operating Expenses, Total	14.88M	29.94M	28M	22.61M	6.21M
Operating Income	3.17M	-27.89M	-36.03M	-7.2M	-7.86M
Interest Expense, Total	-222K	-759K	-959K	-854K	-700K
Interest And Investment Income	76.86K	-	-	-	9K
Net Interest Expenses	-145K	-759K	-959K	-854K	-691K
Currency Exchange Gains (Loss)	-21.43K	-66K	-139K	-58K	-83K
Other Non Operating Income (Expenses)	-	-	-	-	-66K
EBT, Excl. Unusual Items	3M	-28.71M	-37.12M	-8.12M	-8.7M
Other Unusual Items	1.27M	-	-	-	-
EBT, Incl. Unusual Items	4.27M	-28.71M	-37.12M	-8.12M	-8.7M
Income Tax Expense	1.03M	-6.51M	-2.28M	5.35M	24K
Earnings From Continuing Operations	3.25M	-22.2M	-34.85M	-13.47M	-8.72M
Net Income to Company	3.25M	-22.2M	-34.85M	-13.47M	-8.72M
Net Income - (IS)	3.25M	-22.2M	-34.85M	-13.47M	-8.72M
Preferred Dividend and Other Adjustments	-	-	-	-273K	-
Net Income to Common Incl Extra Items	3.25M	-22.2M	-34.85M	-13.2M	-8.72M
Net Income to Common Excl. Extra Items	3.25M	-22.2M	-34.85M	-13.2M	-8.72M
Per Share Items
Net EPS - Basic	0.06	-0.38	-0.51	-0.19	-
Basic EPS - Continuing Operations	0.06	-0.38	-0.51	-0.19	-
Basic Weighted Average Shares Outstanding	51.67M	58.83M	67.71M	70.83M	-
Net EPS - Diluted	0.06	-0.38	-0.51	-0.19	-
Diluted EPS - Continuing Operations	0.06	-0.38	-0.51	-0.19	-
Diluted Weighted Average Shares Outstanding	51.67M	58.89M	67.71M	70.83M	-
Normalized Basic EPS	0.04	-0.31	-0.34	-0.07	-
Normalized Diluted EPS	0.04	-0.3	-0.34	-0.07	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	3.32M	-27.7M	-35.78M	-6.98M	-7.63M
EBITA	3.17M	-27.89M	-36.03M	-7.2M	-7.86M
EBIT	3.17M	-27.89M	-36.03M	-7.2M	-7.86M
Effective Tax Rate - (Ratio)	24.02	22.67	6.13	-65.95	-0.28
Total Current Taxes	44.45K	67K	4K	-48K	24K
Total Deferred Taxes	982K	-6.58M	-2.28M	4.84M	-
Normalized Net Income	1.87M	-17.95M	-23.2M	-5.07M	-5.43M
Interest on Long-Term Debt	222K	218K	664K	508K	-
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	3.63M	4.12M	4.26M	4.79M	4.64M
Stock-Based Comp., Other (Total)	-	247K	-	-	-
Total Stock-Based Compensation	-	247K	-	-	-

Fiscal Period: September	2020 (DKK)	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)
Assets
Cash And Equivalents	411K	43.19M	4.24M	2.39M	1.47M
Total Cash And Short Term Investments	411K	43.19M	4.24M	2.39M	1.47M
Accounts Receivable, Total	1.86M	964K	1.2M	1.18M	2.2M
Other Receivables	12.86K	96K	48K	156K	66K
Notes Receivable	654K	-	7K	-	-
Total Receivables	2.53M	1.06M	1.25M	1.34M	2.26M
Inventory	-	37K	79K	63K	167K
Prepaid Expenses	44.09K	649K	835K	1.07M	1.99M
Other Current Assets, Total	-	-	-1K	-	119K
Total Current Assets	2.98M	44.94M	6.4M	4.86M	6.01M
Gross Property Plant And Equipment	5.53M	17.76M	15.25M	16.59M	2.22M
Accumulated Depreciation	-2.59M	-4.21M	-7.52M	-10.28M	-1.5M
Net Property Plant And Equipment	2.94M	13.55M	7.73M	6.32M	717K
Other Intangibles, Total	20.59M	29.7M	34.72M	34.38M	33.88M
Deferred Tax Assets Long-Term	503K	2.56M	4.84M	-	-
Other Long-Term Assets, Total	327K	893K	829K	793K	682K
Total Assets	27.34M	91.64M	54.53M	46.34M	41.28M
Liabilities
Accounts Payable, Total	918K	4.18M	2.74M	2.87M	4.76M
Short-term Borrowings	-	-	154K	-	-
Current Portion of Leases	1.1M	2.95M	2.06M	2.03M	-
Current Income Taxes Payable	-	28K	-	524K	-
Unearned Revenue Current, Total	-	-	2.54M	6.65M	8.61M
Other Current Liabilities	4.58M	14.47M	9.02M	8.53M	16.52M
Total Current Liabilities	6.59M	21.62M	16.52M	20.6M	29.89M
Long-Term Leases	1.54M	9.82M	5.34M	4.01M	-
Deferred Tax Liability Non Current	4.52M	-	-	-	-
Other Non Current Liabilities	1.45M	393K	-1K	1K	-
Total Liabilities	14.1M	31.84M	21.85M	24.61M	29.89M
Common Stock, Total	517K	671K	702K	732K	732K
Retained Earnings	12.72M	35.72M	3.91M	-7.51M	10.66M
Comprehensive Income and Other	-	23.41M	28.06M	28.52M	-
Total Common Equity	13.24M	59.8M	32.68M	21.73M	11.39M
Total Equity	13.24M	59.8M	32.68M	21.73M	11.39M
Total Liabilities And Equity	27.34M	91.64M	54.53M	46.34M	41.28M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	51.67M	67.11M	70.23M	73.23M	-
ECS Total Common Shares Outstanding	51.67M	67.11M	70.23M	73.23M	-
Book Value / Share	0.26	0.89	0.47	0.3	-
Tangible Book Value	-7.35M	30.1M	-2.04M	-12.64M	-22.48M
Tangible Book Value Per Share	-0.14	0.45	-0.03	-0.17	-
Total Debt	2.63M	12.77M	7.55M	6.03M	0
Net Debt	2.22M	-30.42M	3.31M	3.64M	-1.47M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	1.11M	1.72M	1.68M	1.81M	2.22M
Full Time Employees	79	125	101	63	70
Accumulated Allowance for Doubtful Accounts (Supple)	295K	-	1.58M	1.54M	-

Fiscal Period: September	2020 (DKK)	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)
Net Income	3.25M	-22.2M	-34.85M	-13.47M	-
Depreciation & Amortization - CF	1.15M	1.71M	3.31M	2.76M	-
Depreciation & Amortization, Total	1.15M	1.71M	3.31M	2.76M	-
Amortization of Deferred Charges, Total - (CF)	3.63M	4.12M	4.26M	4.79M	-
Other Operating Activities, Total	1.19M	-5.32M	-476K	6.98M	-
Change In Accounts Receivable	400K	291K	-418K	-323K	-
Change In Inventories	-	-37K	-42K	16K	-
Change In Accounts Payable	2.06M	13.05M	-6.8M	-444K	-
Change in Unearned Revenues	-	-	2.54M	4.11M	-
Change in Other Net Operating Assets	-	-1K	-	-	-
Cash from Operations	11.67M	-8.39M	-32.47M	4.41M	-
Capital Expenditure	-127K	-606K	-	-132K	-
Sale of Property, Plant, and Equipment	-	-	45K	-	-
Sale (Purchase) of Intangible assets	-10.12M	-13.24M	-9.28M	-6.1M	-
Investment in Marketable and Equity Securities, Total	-	-587K	64K	37K	-
Cash from Investing	-10.25M	-14.43M	-9.17M	-6.19M	-
Long-Term Debt Issued, Total	-	654K	-	7K	-
Total Debt Issued	-	654K	-	7K	-
Long-Term Debt Repaid, Total	-1.14M	-2.76M	-3.31M	-2.57M	-
Total Debt Repaid	-1.14M	-2.76M	-3.31M	-2.57M	-
Issuance of Common Stock	-	70M	7M	3.58M	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-167K	-2.3M	-1.15M	-930K	-
Cash from Financing	-1.31M	65.59M	2.54M	88K	-
Miscellaneous Cash Flow Adjustments	-	-	-1K	-1K	-
Net Change in Cash	116K	42.78M	-39.1M	-1.69M	-
Supplemental Items
Cash Interest Paid	-	759K	-	-	-
Cash Income Tax Paid (Refund)	-	39K	32K	8K	-
Levered Free Cash Flow	-2.77M	-11.66M	-29.62M	251K	-
Unlevered Free Cash Flow	-2.64M	-11.19M	-29.02M	785K	-
Change In Net Working Capital	-855K	-14M	4.79M	-3.97M	-8.93M
Net Debt Issued / Repaid	-1.14M	-2.11M	-3.31M	-2.57M	-

Fiscal Period: September	2020 (DKK)	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)
Profitability
Return on Assets	8.26	-29.3	-30.81	-9.08	-12.04
Return on Total Capital	13.6	-39.41	-39.92	-13.58	-29.66
Return On Equity %	27.94	-60.79	-75.36	-51.06	-52.67
Return on Common Equity	27.94	-60.79	-75.36	-50.03	-52.67
Margin Analysis
Gross Profit Margin %	59.81	6.33	-18.65	31.93	-4.1
SG&A Margin	33.48	74.43	47.48	31.22	-
EBITDA Margin %	11	-85.55	-83.14	-14.47	-19.02
EBITA Margin %	10.5	-86.13	-83.73	-14.93	-19.58
EBIT Margin %	10.5	-86.13	-83.73	-14.93	-19.58
Income From Continuing Operations Margin %	10.76	-68.57	-80.99	-27.92	-21.73
Net Income Margin %	10.76	-68.57	-80.99	-27.92	-21.73
Net Avail. For Common Margin %	10.76	-68.57	-80.99	-27.35	-21.73
Normalized Net Income Margin	6.21	-55.42	-53.92	-10.51	-13.55
Levered Free Cash Flow Margin	-9.2	-36.02	-68.83	0.52	-
Unlevered Free Cash Flow Margin	-8.74	-34.55	-67.44	1.63	-
Asset Turnover
Asset Turnover	1.26	0.54	0.59	0.97	0.98
Fixed Assets Turnover	9.21	3.93	4.04	6.87	62.05
Receivables Turnover (Average Receivables)	25.14	22.94	39.84	40.65	23.77
Inventory Turnover (Average Inventory)	-	-	880.24	462.59	363.13
Short Term Liquidity
Current Ratio	0.45	2.08	0.39	0.24	0.2
Quick Ratio	0.35	2.05	0.33	0.18	0.12
Operating Cash Flow to Current Liabilities	1.77	-0.39	-1.97	0.21	-
Days Sales Outstanding (Average Receivables)	14.56	15.91	9.16	8.98	15.4
Days Outstanding Inventory (Average Inventory)	-	-	0.41	0.79	1.01
Average Days Payable Outstanding	-	-	24.69	31.16	33.37
Cash Conversion Cycle (Average Days)	-	-	-15.12	-21.39	-16.96
Long Term Solvency
Total Debt/Equity	19.88	21.36	23.11	27.75	-
Total Debt / Total Capital	16.59	17.6	18.77	21.72	-
LT Debt/Equity	11.6	16.42	16.33	18.43	-
Long-Term Debt / Total Capital	9.67	13.53	13.27	14.43	-
Total Liabilities / Total Assets	51.57	34.74	40.07	53.1	72.4
EBIT / Interest Expense	14.27	-36.74	-37.57	-8.44	-11.22
EBITDA / Interest Expense	19.44	-34.49	-34.12	-5.21	-10.9
(EBITDA - Capex) / Interest Expense	18.86	-35.28	-34.12	-5.36	-10.9
Total Debt / EBITDA	0.61	-0.49	-0.23	-1.36	-
Net Debt / EBITDA	0.52	1.16	-0.1	-0.82	0.19
Total Debt / (EBITDA - Capex)	0.63	-0.48	-0.23	-1.32	-
Net Debt / (EBITDA - Capex)	0.53	1.14	-0.1	-0.79	0.19
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	11.89	7.33	32.89	12.13	10.56
Gross Profit, 1 Yr. Growth %	13.21	-88.64	-491.46	-291.94	-38.16
EBITDA, 1 Yr. Growth %	1.13	-934.62	29.15	-80.95	2.48
EBITA, 1 Yr. Growth %	1.28	-980.58	29.18	-80.47	2.41
EBIT, 1 Yr. Growth %	1.28	-980.58	29.18	-80.47	2.41
Earnings From Cont. Operations, 1 Yr. Growth %	58.2	-784.01	56.95	-62.27	-35.07
Net Income, 1 Yr. Growth %	58.2	-784.01	56.95	-62.27	-35.07
Normalized Net Income, 1 Yr. Growth %	4.12	-1.06K	29.3	-78.63	7.68
Diluted EPS Before Extra, 1 Yr. Growth %	58.19	-705.09	35.44	-63.08	-
Accounts Receivable, 1 Yr. Growth %	244.15	-48.14	24.07	-1.34	86.34
Inventory, 1 Yr. Growth %	-	-	113.51	-20.25	165.08
Net Property, Plant and Equip., 1 Yr. Growth %	-18.42	360.67	-42.95	-18.33	24.48
Total Assets, 1 Yr. Growth %	33.07	235.19	-40.5	-12.36	2.45
Tangible Book Value, 1 Yr. Growth %	79.06	-509.76	-106.79	518.59	77.56
Common Equity, 1 Yr. Growth %	32.48	351.67	-45.36	-29.94	-47.53
Cash From Operations, 1 Yr. Growth %	20.71	-171.83	287.15	-113.59	-
Capital Expenditures, 1 Yr. Growth %	-75.68	377.17	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-	320.46	148.69	-100.86	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-	324.59	153.76	-102.74	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	9.59	19.42	22.07	-3.44
Gross Profit, 2 Yr. CAGR %	-	-64.14	-33.31	174.11	-54.75
EBITDA, 2 Yr. CAGR %	-	190.57	228.32	-49.8	-54.36
EBITA, 2 Yr. CAGR %	-	198.67	237.28	-49.17	-53.85
EBIT, 2 Yr. CAGR %	-	198.67	237.28	-49.17	-53.85
Earnings From Cont. Operations, 2 Yr. CAGR %	-	228.95	227.65	-22.11	-50.58
Net Income, 2 Yr. CAGR %	-	228.95	227.65	-22.11	-50.58
Normalized Net Income, 2 Yr. CAGR %	-	215.68	251.78	-46.83	-52.15
Diluted EPS Before Extra, 2 Yr. CAGR %	-	209.38	186.27	-29.29	-
Accounts Receivable, 2 Yr. CAGR %	-	33.58	-19.79	10.59	35.59
Inventory, 2 Yr. CAGR %	-	-48.55	-	30.49	45.39
Net Property, Plant and Equip., 2 Yr. CAGR %	-	93.87	62.12	-31.74	-69.55
Total Assets, 2 Yr. CAGR %	-	111.19	41.22	-28.89	-11.64
Tangible Book Value, 2 Yr. CAGR %	-	170.86	-47.25	-35.19	231.66
Common Equity, 2 Yr. CAGR %	-	144.61	57.09	-39.72	-39.4
Cash From Operations, 2 Yr. CAGR %	-	-6.88	66.76	-27.47	-
Capital Expenditures, 2 Yr. CAGR %	-	7.6	-	-53.33	-
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	226.77	-85.48	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	231.85	-73.8	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	16.86	16.94	7.4
Gross Profit, 3 Yr. CAGR %	-	-	-20.45	-5.14	-7.11
EBITDA, 3 Yr. CAGR %	-	-	121.75	28.12	-34.94
EBITA, 3 Yr. CAGR %	-	-	125.87	31.52	-34.45
EBIT, 3 Yr. CAGR %	-	-	125.87	31.52	-34.45
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	157.05	60.7	-26.77
Net Income, 3 Yr. CAGR %	-	-	157.05	60.7	-26.77
Normalized Net Income, 3 Yr. CAGR %	-	-	134.44	39.34	-32.85
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	134.92	44.63	-
Accounts Receivable, 3 Yr. CAGR %	-	-	30.33	-14.08	31.6
Inventory, 3 Yr. CAGR %	-	-	-17.32	-	65.26
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	28.95	29	-62.46
Total Assets, 3 Yr. CAGR %	-	-	38.45	19.23	-23.34
Tangible Book Value, 3 Yr. CAGR %	-	-	-20.73	19.84	-9.27
Common Equity, 3 Yr. CAGR %	-	-	48.42	17.96	-42.46
Cash From Operations, 3 Yr. CAGR %	-	-	49.73	-27.7	-
Capital Expenditures, 3 Yr. CAGR %	-	-	-	1.3	-
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-55.1	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-33.22	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	8.27
Gross Profit, 5 Yr. CAGR %	-	-	-	-	-36.52
EBITDA, 5 Yr. CAGR %	-	-	-	-	18.39
EBITA, 5 Yr. CAGR %	-	-	-	-	20.23
EBIT, 5 Yr. CAGR %	-	-	-	-	20.23
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	33.56
Net Income, 5 Yr. CAGR %	-	-	-	-	33.56
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	24.72
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	32.39
Inventory, 5 Yr. CAGR %	-	-	-	-	3.62
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	-27.61
Total Assets, 5 Yr. CAGR %	-	-	-	-	14.98
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	40.52
Common Equity, 5 Yr. CAGR %	-	-	-	-	2.65