Income Statement Velcan Holdings

Stocks

VLCN

FR0010245803

Investment Holding Companies

End-of-day quote LUXEMBOURG S.E. Other stock markets 2026-07-17			5-day change	1st Jan Change
14.00 ^EUR	-4.11%		-2.78%	-13.04%

06-18	Velcan Holdings announces an Equity Buyback for 100,000 shares, for ?1.41 million.	CI
06-16	Velcan Holdings authorizes a Buyback Plan.	CI

718.okHabxZX8qOa5mjCWj2PclCyQN5Xlh1_aMZR6fdtp_4.4HeMPUkzrZSvixybNkzlCwnkD6ky_kkGLqRhhbYOyNPIebAucQGx0-uqGw

Published financial data: VELCAN HOLDINGS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues - (Utility Template)	2.52M	2.42M	3.16M	2.89M	2.95M
Other Revenues, Total	-	-	-	-	-
Total Revenues	2.52M	2.42M	3.16M	2.89M	2.95M
Operations And Maintenance	-	-	-	-	-
Selling General & Admin Expenses, Total	1.36M	1.61M	4.17M	3.39M	6.66M
Depreciation & Amortization - (IS) - (Collected)	3.35M	7.99M	562K	576K	-794K
Other Operating Expenses	3.41M	6.68M	1.66M	-2.34M	1.93M
Total Operating Expenses	8.12M	16.28M	6.4M	1.62M	7.79M
Operating Income (REIT / Utility Template)	-5.6M	-13.85M	-3.24M	1.27M	-4.84M
Interest Expense, Total	-10.98M	-2.91M	-8.9M	-7.53M	-3.42M
Interest and Investment Income	18.69M	23.93M	21M	7.59M	21.16M
Net Interest Expenses	7.71M	21.02M	12.1M	65K	17.74M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-2K	-1K	1K	-	-
EBT, Excl. Unusual Items	2.11M	7.16M	8.86M	1.33M	12.9M
Gain (Loss) on Sale of Investments	-	-	-	-	-
Gain (Loss) on Sale of Assets	233K	-	-	-	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	2.34M	7.16M	8.86M	1.33M	12.9M
Income Tax Expense	220K	709K	638K	798K	1.68M
Earnings From Continuing Operations	2.12M	6.46M	8.23M	533K	11.22M
Net Income to Company	2.12M	6.46M	8.23M	533K	11.22M
Minority Interest	-	-	-	-	-
Net Income - (IS)	2.12M	6.46M	8.23M	533K	11.22M
Net Income to Common Incl Extra Items	2.12M	6.46M	8.23M	533K	11.22M
Net Income to Common Excl. Extra Items	2.12M	6.46M	8.23M	533K	11.22M
Per Share Items
Net EPS - Basic	0.4	1.23	1.64	0.11	2.34
Basic EPS - Continuing Operations	0.4	1.23	1.64	0.11	2.34
Basic Weighted Average Shares Outstanding	5.3M	5.25M	5.02M	4.85M	4.8M
Net EPS - Diluted	0.38	1.23	1.63	0.11	2.34
Diluted EPS - Continuing Operations	0.38	1.23	1.63	0.11	2.34
Diluted Weighted Average Shares Outstanding	5.58M	5.25M	5.05M	4.85M	4.8M
Normalized Basic EPS	0.25	0.85	1.1	0.17	1.68
Normalized Diluted EPS	0.24	0.85	1.1	0.17	1.68
Supplemental Items
Utility Revenues	2.52M	2.42M	3.16M	2.89M	2.95M
Non Utility Revenues	-	-	-	-	-
EBITDA	-4.93M	-5.86M	-2.68M	1.84M	-
EBITA	-5.6M	-13.85M	-3.24M	1.27M	-4.84M
EBIT	-5.6M	-13.85M	-3.24M	1.27M	-4.84M
EBITDAR	-4.83M	-5.76M	-2.58M	-	-
Total Revenues (As Reported)	2.52M	2.42M	3.16M	2.89M	2.95M
Effective Tax Rate - (Ratio)	9.41	9.9	7.2	59.95	13.02
Total Current Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	1.32M	4.48M	5.54M	832K	8.06M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	100K	100K	100K	-	-
Imputed Operating Lease Interest Expense	-	81.31K	412K	-	-
Imputed Operating Lease Depreciation	-	18.69K	-312K	-	-
Maintenance & Repair Expenses, Total	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	331K	13.79K	140K	171K	211K
Total Stock-Based Compensation	331K	13.79K	140K	171K	211K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	11.67M	25.47M	50.57M	55.5M	32.52M
Short Term Investments - (Utility / Insurance Templates)	-	-	-	-	-
Trading Asset Securities, Total	-	-	-	-	-
Accounts Receivable, Total	256K	263K	325K	159K	835K
Other Receivables	10K	19K	6K	11K	9K
Accounts Receivable (Summary Subtotal)	266K	282K	331K	170K	844K
Inventory - (Utility Template)	-	-	-	-	-
Notes Receivable (Collected)	-	-	-	-	-
Other Current Assets, Total	116M	129M	80.4M	69.68M	103M
Total Current Assets	128M	154M	131M	125M	136M
Gross Property Plant And Equipment	-	-	-	-	-
Accumulated Depreciation	-	-	-	-	-
Net Property Plant And Equipment	5.32M	4.92M	5.07M	4.92M	3.72M
Other Intangibles, Total	8.26M	1.04M	1.07M	1.03M	780K
Long-Term Investments - (Utility Template)	-	-	-	-	-
Loans Receivable Long-Term - (Utility Template)	-	-	-	-	-
Deferred Tax Assets Long-Term (Collected)	-	-	-	-	-
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	804K	590K	212K	423K	207K
Total Assets	142M	161M	138M	132M	141M
Liabilities
Accounts Payable, Total	930K	2.62M	1.81M	963K	4.02M
Short-Term Borrowings	23.92M	33.36M	1.22M	75K	-
Current Income Taxes Payable	98K	106K	108K	166K	1.09M
Unearned Revenue, Current	-	-	-	-	-
Other Current Liabilities - (Bank / Utility Template)	8K	1.41M	5.4M	800K	4K
Total Current Liabilities	24.95M	37.5M	8.54M	2M	5.11M
Other Non Current Liabilities, Total	1.66M	1.74M	1.66M	1.6M	721K
Total Liabilities	26.62M	39.24M	10.2M	3.61M	5.83M
Common Stock, Total	5.55M	5.55M	5.55M	5.55M	5.4M
Additional Paid In Capital	123M	123M	121M	121M	118M
Retained Earnings	2.12M	6.46M	8.23M	533K	11.22M
Treasury Stock	-2.13M	-2.66M	-5.6M	-6.06M	-7.18M
Comprehensive Income and Other	-13M	-11.01M	-1.32M	7.48M	6.86M
Total Common Equity	116M	122M	127M	128M	135M
Minority Interest	-	-	-	-	-
Total Equity	116M	122M	127M	128M	135M
Total Liabilities And Equity	142M	161M	138M	132M	141M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.24M	5.19M	4.89M	4.85M	4.62M
ECS Total Common Shares Outstanding	5.24M	5.19M	4.89M	4.85M	4.62M
Book Value / Share	22.11	23.43	26.07	26.39	29.19
Tangible Book Value	108M	121M	126M	127M	134M
Tangible Book Value Per Share	20.53	23.23	25.85	26.18	29.02
Total Debt	23.92M	33.36M	1.22M	75K	0
Net Debt	12.24M	7.89M	-49.35M	-55.42M	-32.52M
Debt Equivalent Oper. Leases	800K	800K	800K	-	-
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	-	-	-	-	-
Inventories - Others	-	-	-	-	-
Land - (BS)	-	-	-	-	-
Machinery, Total	-	-	-	-	-
Full Time Employees	20	12	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-	-	-	-	-
Depreciation, Depletion & Amortization	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	-	-	-	-	-
Amortization of Deferred Charges, Total	-	-	-	-	-
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-	-
Total Asset Writedown	-	-	-	-	-
Stock-Based Compensation (CF)	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	-	-	-	-	-
Other Operating Activities	-	-	-	-	-
Cash from Operations	-	-	-	-	-
Capital Expenditure	-	-	-	-	-
Sale of Property, Plant, and Equipment	-	-	-	-	-
Purchase / Sale of Intangible Assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-	-	-	-	-
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Cash from Financing	-	-	-	-	-
Foreign Exchange Rate Adjustments	-	-	-	-	-
Net Change in Cash	-	-	-	-	-
Supplemental Items
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-	-	-	-	-
Unlevered Free Cash Flow	-	-	-	-	-
Change In Net Working Capital	42.54M	9.35M	-51.28M	-5.5M	30.38M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-2.63	-5.71	-1.36	0.59	-2.22
Return on Total Capital	-2.69	-5.88	-1.43	0.62	-2.3
Return On Equity %	1.79	5.44	6.61	0.42	8.54
Return on Common Equity	1.79	5.44	6.61	0.42	8.54
Margin Analysis
Gross Profit Margin %	72.27	61.32	94.84	95.64	77.23
SG&A Margin	161.18	302.6	179.79	165.22	260.49
EBITDA Margin %	-195.75	-241.81	-84.76	63.74	-
EBITA Margin %	-222.61	-571.3	-102.57	43.81	-164.11
EBIT Margin %	-222.61	-571.3	-102.57	43.81	-164.11
Income From Continuing Operations Margin %	84.19	266.23	260.56	18.44	380.24
Net Income Margin %	84.19	266.23	260.56	18.44	380.24
Net Avail. For Common Margin %	84.19	266.23	260.56	18.44	380.24
Normalized Net Income Margin	52.29	184.66	175.48	28.78	273.23
Levered Free Cash Flow Margin	-	-	-	-	-
Unlevered Free Cash Flow Margin	-	-	-	-	-
Asset Turnover
Asset Turnover	0.02	0.02	0.02	0.02	0.02
Fixed Assets Turnover	0.38	0.47	0.63	0.58	0.68
Receivables Turnover (Average Receivables)	9.66	9.34	10.74	11.94	5.86
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	5.13	4.12	15.37	62.55	26.59
Quick Ratio	0.48	0.69	5.96	27.78	6.53
Operating Cash Flow to Current Liabilities	-	-	-	-	-
Days Sales Outstanding (Average Receivables)	37.88	39.06	33.99	30.56	62.51
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	372.82	690.31	4.96K	4.01K	1.36K
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	20.65	27.43	0.96	0.06	-
Total Debt / Total Capital	17.12	21.53	0.95	0.06	-
Total Liabilities / Total Assets	18.69	24.39	7.41	2.74	4.15
EBIT / Interest Expense	-0.51	-4.76	-0.36	0.17	-1.42
EBITDA / Interest Expense	-0.45	-2.01	-0.3	0.24	-
(EBITDA - Capex) / Interest Expense	-0.45	-2.01	-0.3	0.24	-
Total Debt / EBITDA	-4.85	-5.69	-0.46	0.04	-
Net Debt / EBITDA	-2.49	-1.35	18.44	-30.09	-
Total Debt / (EBITDA - Capex)	-4.85	-5.69	-0.46	0.04	-
Net Debt / (EBITDA - Capex)	-2.49	-1.35	18.44	-30.09	-
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-11.56	-3.66	30.19	-8.46	2.11
Gross Profit, 1 Yr. Growth %	-31.38	-18.25	101.34	-7.68	-17.55
EBITDA, 1 Yr. Growth %	37.17	19.02	-54.37	-168.83	-
EBITA, 1 Yr. Growth %	31.28	147.26	-76.63	-139.1	-482.54
EBIT, 1 Yr. Growth %	31.28	147.26	-76.63	-139.1	-482.54
Earnings From Cont. Operations, 1 Yr. Growth %	-41.07	204.67	27.42	-93.52	2.01K
Net Income, 1 Yr. Growth %	-41.07	204.67	27.42	-93.52	2.01K
Diluted EPS Before Extra, 1 Yr. Growth %	-37.7	223.68	32.52	-93.25	2.03K
Normalized Net Income, 1 Yr. Growth %	-45.16	240.22	23.71	-84.98	869.27
Net Property, Plant and Equip., 1 Yr. Growth %	-33.75	-7.47	3.15	-3.04	-24.31
Inventory, 1 Yr. Growth %	-	-	-	-	-
Accounts Receivable, 1 Yr. Growth %	-3.4	2.73	23.57	-51.08	382.66
Total Assets, 1 Yr. Growth %	15.34	12.93	-14.41	-4.32	6.75
Tangible Book Value, 1 Yr. Growth %	-1.47	12.1	4.82	0.55	5.45
Cash From Operations, 1 Yr. Growth %	-	-	-	-	-
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-	-	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-	-	-
Common Equity, 1 Yr. Growth %	-4.35	5	4.81	0.51	5.21
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1.23	-7.69	11.99	9.17	-3.32
Gross Profit, 2 Yr. CAGR %	-9.58	-25.11	28.29	36.34	-12.75
EBITDA, 2 Yr. CAGR %	51.98	27.77	-26.3	-43.95	-
EBITA, 2 Yr. CAGR %	40.73	80.17	-23.98	-69.77	22.3
EBIT, 2 Yr. CAGR %	40.73	80.17	-23.98	-69.77	22.3
Earnings From Cont. Operations, 2 Yr. CAGR %	98.09	33.99	97.03	-71.27	16.79
Net Income, 2 Yr. CAGR %	95.93	33.99	97.03	-71.27	16.79
Diluted EPS Before Extra, 2 Yr. CAGR %	105.48	42	107.11	-70.1	19.82
Normalized Net Income, 2 Yr. CAGR %	183.41	36.6	105.16	-56.9	20.64
Net Property, Plant and Equip., 2 Yr. CAGR %	-21.72	-21.71	-2.3	0.01	-14.33
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 2 Yr. CAGR %	2.43	-0.38	12.67	-22.25	60.29
Total Assets, 2 Yr. CAGR %	8.66	14.13	-1.69	-9.51	1.07
Common Equity, 2 Yr. CAGR %	-1.02	0.22	4.91	2.64	2.83
Tangible Book Value, 2 Yr. CAGR %	1.41	5.1	8.4	2.66	2.97
Cash From Operations, 2 Yr. CAGR %	-	-	-	-	-
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-6.83	-2.04	3.52	4.71	6.76
Gross Profit, 3 Yr. CAGR %	-0.36	-12.57	4.14	14.97	15.3
EBITDA, 3 Yr. CAGR %	1.61	40.09	-9.35	-27.96	-
EBITA, 3 Yr. CAGR %	-10.56	69.82	-8.8	-39.09	-29.56
EBIT, 3 Yr. CAGR %	-10.56	69.82	-8.8	-39.09	-29.56
Earnings From Cont. Operations, 3 Yr. CAGR %	-39.49	128.66	31.76	-36.88	20.23
Net Income, 3 Yr. CAGR %	-39.61	126.99	31.76	-36.88	20.23
Diluted EPS Before Extra, 3 Yr. CAGR %	-37.94	139.09	38.77	-33.85	23.91
Normalized Net Income, 3 Yr. CAGR %	-44.13	201.2	32.16	-14.18	21.66
Net Property, Plant and Equip., 3 Yr. CAGR %	-19.83	-17.23	-14.17	-2.55	-8.86
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 3 Yr. CAGR %	-3.51	2.53	7.04	-14.68	46.98
Total Assets, 3 Yr. CAGR %	4.26	10.06	3.69	-2.57	-4.38
Common Equity, 3 Yr. CAGR %	-1.92	0.95	1.72	3.42	3.49
Tangible Book Value, 3 Yr. CAGR %	-0.41	4.86	5	5.71	3.58
Cash From Operations, 3 Yr. CAGR %	-	-	-	-	-
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-6.22	-8.16	0.29	2.3	0.73
Gross Profit, 5 Yr. CAGR %	-4.94	-15.47	10.24	4.43	-2.98
EBITDA, 5 Yr. CAGR %	62.19	76.54	-10.64	-2.89	-
EBITA, 5 Yr. CAGR %	37.38	69.34	-16.19	-14.85	2.56
EBIT, 5 Yr. CAGR %	36.28	67.84	-16.19	-14.85	2.56
Earnings From Cont. Operations, 5 Yr. CAGR %	-15.39	36.59	-2.97	-0.26	25.56
Net Income, 5 Yr. CAGR %	-15.56	38.54	-3.08	-0.7	25.56
Diluted EPS Before Extra, 5 Yr. CAGR %	-13.62	42.23	0.5	4.1	30.85
Normalized Net Income, 5 Yr. CAGR %	-16.91	9.08	-6	38.39	27.43
Net Property, Plant and Equip., 5 Yr. CAGR %	-13.36	-17.53	-13.23	-10.72	-14.23
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 5 Yr. CAGR %	0.72	-5.45	2.66	-8.21	25.8
Total Assets, 5 Yr. CAGR %	1.34	3.4	1.84	1.77	2.63
Common Equity, 5 Yr. CAGR %	-2.35	-1.82	0.75	1.62	2.17
Tangible Book Value, 5 Yr. CAGR %	-0.89	0.32	3.02	3.97	4.18
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	-
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-