Suspension of trading

Cash flow Vergnet S.A. Deutsche Boerse AG

Stocks

VRQ0

FR0014010YR7

Renewable Energy Equipment & Services

Delayed Deutsche Boerse AG 02:24:20 2026-01-26 EST			5-day change	1st Jan Change
0.0800 ^EUR	-42.86%		-.--%	-89.47%

11-12	Vergnet Terminates Contract with Mazal International for Ukrainian Wind Project
11-05	Vergnet SA Reports Earnings Results for the Half Year Ended June 30, 2025	CI

46ac0f44750870b.jqeq9vacx6igC-QGCnt4WJS0NJjeEqnBBla6gocmIqI.45X7tcXaluXSfddrZSwAEqbCVs2PaM_5NwTqu_JUdMHR6M--ke312NoyqQ

Published financial data: VERGNET S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020 (EUR)	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)
Revenues	15.79M	12.68M	19.09M	23.3M	4.65M
Other Revenues, Total	1.86M	954K	271K	533K	73K
Total Revenues	17.65M	13.64M	19.36M	23.83M	4.72M
Cost of Goods Sold, Total	4.74M	4.69M	6.79M	13.09M	4.26M
Gross Profit	12.91M	8.95M	12.58M	10.75M	460K
Selling General & Admin Expenses, Total	8.91M	9.21M	8.65M	9.14M	4.12M
Depreciation & Amortization - (IS)	790K	530K	2.39M	1.86M	3.68M
Other Operating Expenses	5.08M	5.7M	15.59M	6.56M	3.58M
Other Operating Expenses, Total	14.79M	15.44M	26.64M	17.56M	11.37M
Operating Income	-1.88M	-6.5M	-14.06M	-6.82M	-10.91M
Interest Expense, Total	-28K	-306K	-185K	-79K	-318K
Net Interest Expenses	-28K	-306K	-185K	-79K	-318K
Currency Exchange Gains (Loss)	-101K	-82K	66K	-44K	-35K
Other Non Operating Income (Expenses)	-6K	5K	-5.04M	-1.79M	-1.51M
EBT, Excl. Unusual Items	-2.01M	-6.88M	-19.22M	-8.73M	-12.78M
Asset Writedown	-	-3K	-12K	-182K	-1.4M
Insurance Settlements	-	335K	-	-	-
Legal Settlements	39K	-	-	-	-
Other Unusual Items	328K	17K	-1.07M	-567K	-3.15M
EBT, Incl. Unusual Items	-1.64M	-6.53M	-20.3M	-9.48M	-17.33M
Income Tax Expense	221K	42K	135K	80K	-486K
Earnings From Continuing Operations	-1.86M	-6.57M	-20.44M	-9.56M	-16.85M
Net Income to Company	-1.86M	-6.57M	-20.44M	-9.56M	-16.85M
Net Income - (IS)	-1.86M	-6.57M	-20.44M	-9.56M	-16.85M
Net Income to Common Incl Extra Items	-1.86M	-6.57M	-20.44M	-9.56M	-16.85M
Net Income to Common Excl. Extra Items	-1.86M	-6.57M	-20.44M	-9.56M	-16.85M
Per Share Items
Net EPS - Basic	-	-	-	-	-742.58
Basic EPS - Continuing Operations	-	-	-	-	-742.58
Basic Weighted Average Shares Outstanding	-	-	-	-	22.69K
Net EPS - Diluted	-	-	-	-	-742.58
Diluted EPS - Continuing Operations	-	-	-	-	-742.58
Diluted Weighted Average Shares Outstanding	-	-	-	-	22.69K
Normalized Basic EPS	-	-	-	-	-352.1
Normalized Diluted EPS	-	-	-	-	-352.1
Supplemental Items
EBITDA	-1.64M	-6.23M	-13.99M	-6.43M	-9.23M
EBITA	-1.88M	-6.5M	-14.05M	-6.81M	-10.85M
EBIT	-1.88M	-6.5M	-14.06M	-6.82M	-10.91M
Effective Tax Rate - (Ratio)	-13.44	-0.64	-0.66	-0.84	2.8
Total Current Taxes	221K	189K	90K	94K	16K
Total Deferred Taxes	-	45K	45K	795K	-236K
Normalized Net Income	-1.26M	-4.3M	-12.01M	-5.46M	-7.99M
Non-Cash Pension Expense	26K	26K	289K	189K	-
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	-	-	-	-

Fiscal Period: December	2020 (EUR)	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)
Assets
Cash And Equivalents	1.17M	1.18M	3.9M	3.62M	3.28M
Short Term Investments	107K	120K	114K	278K	114K
Total Cash And Short Term Investments	1.28M	1.3M	4.02M	3.9M	3.39M
Accounts Receivable, Total	17M	17.23M	12.1M	10.76M	7.43M
Other Receivables	4.65M	5.06M	5.92M	3.21M	2.15M
Total Receivables	21.66M	22.29M	18.01M	13.97M	9.58M
Inventory	4.53M	5.65M	2.74M	3.36M	4.61M
Prepaid Expenses	-	-	-	-	-
Deferred Tax Assets Current	840K	536K	562K	-	-
Other Current Assets, Total	691K	941K	3.33M	6.28M	846K
Total Current Assets	28.99M	30.72M	28.67M	27.51M	18.43M
Gross Property Plant And Equipment	9.3M	9.8M	10.02M	11.58M	11.06M
Accumulated Depreciation	-8.78M	-9.26M	-9.29M	-9.77M	-9.36M
Net Property Plant And Equipment	514K	534K	727K	1.8M	1.7M
Long-term Investments	252K	251K	237K	-	-
Goodwill	-	0	0	0	0
Other Intangibles, Total	355K	442K	394K	398K	0
Loans Receivable Long-Term	655K	661K	-	15K	15K
Deferred Charges Long-Term	1.67M	2.52M	1.59M	1.43M	279K
Other Long-Term Assets, Total	260K	305K	877K	413K	384K
Total Assets	32.7M	35.44M	32.49M	31.57M	20.82M
Liabilities
Accounts Payable, Total	8.1M	9.31M	9.19M	9.68M	5.17M
Accrued Expenses, Total	3.73M	4.04M	5.92M	6.03M	4.92M
Short-term Borrowings	1.69M	2.15M	2.15M	1.65M	1.54M
Current Portion of Long-Term Debt	92K	736K	2.47M	1.9M	5.93M
Current Portion of Leases	13K	40K	-	459K	535K
Current Income Taxes Payable	54K	97K	16K	40K	36K
Unearned Revenue Current, Total	12.5M	12.55M	18.04M	11.89M	10.97M
Other Current Liabilities	75K	58K	66K	626K	830K
Total Current Liabilities	26.26M	28.98M	37.85M	32.28M	29.92M
Long-Term Debt	2.56M	2.88M	2.96M	3.08M	648K
Long-Term Leases	61K	106K	248K	341K	-
Pension & Other Post Retirement Benefits	210K	211K	493K	189K	116K
Other Non Current Liabilities	673K	703K	1.72M	3.24M	11.61M
Total Liabilities	29.76M	32.88M	43.26M	39.12M	42.29M
Common Stock, Total	1.33M	1.83M	407K	156K	103K
Additional Paid In Capital	1.69M	7.54M	12.69M	20.23M	21.51M
Retained Earnings	-1.86M	-6.57M	-20.43M	-9.56M	-16.85M
Comprehensive Income and Other	1.79M	-234K	-3.44M	-18.37M	-26.24M
Total Common Equity	2.94M	2.56M	-10.77M	-7.55M	-21.48M
Minority Interest	-	-3K	-	-	-
Total Equity	2.94M	2.56M	-10.77M	-7.55M	-21.48M
Total Liabilities And Equity	32.7M	35.44M	32.49M	31.57M	20.82M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	-	-	22.69K
ECS Total Common Shares Outstanding	-	-	-	-	22.69K
Book Value / Share	-	-	-	-	-946.62
Tangible Book Value	2.59M	2.12M	-11.17M	-7.95M	-21.48M
Tangible Book Value Per Share	-	-	-	-	-946.62
Total Debt	4.42M	5.91M	7.82M	7.42M	8.64M
Net Debt	3.14M	4.62M	3.8M	3.52M	5.25M
Minority Interest, Total (Incl. Fin. Div)	-	-3K	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.92M	3.73M	2.5M	3.46M	4.56M
Inventories - Work In Process, Total	2.17M	2.31M	1.19M	890K	895K
Inventories - Finished Goods, Total	236K	410K	337K	15K	168K
Buildings, Total	1K	1K	1K	1K	1K
Machinery, Total	7.03M	7.32M	7.28M	8.49M	8.23M
Full Time Employees	145	200	220	305	91
Assets under Capital Lease - Gross	357K	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-291K	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	90K	90K	144K	189K	92K
Order Backlog	50M	50M	-	66M	-

Fiscal Period: December	2020 (EUR)	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)
Net Income	-1.86M	-6.57M	-20.44M	-9.56M	-16.85M
Depreciation & Amortization - CF	237K	266K	56K	382K	1.62M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	16K	8K	64K
Depreciation & Amortization, Total	237K	266K	72K	390K	1.69M
(Gain) Loss From Sale Of Asset	-	-149K	1.24M	-34K	-122K
Asset Writedown & Restructuring Costs	4K	3K	12K	182K	1.4M
Other Operating Activities, Total	239K	49K	1.4M	1.84M	1.95M
Change In Accounts Receivable	-1.53M	30K	5.72M	929K	3.51M
Change In Inventories	-43K	-967K	2.88M	-620K	-1.25M
Change In Accounts Payable	1.09M	1.15M	-847K	839K	289K
Change in Other Net Operating Assets	1.76M	-256K	3.9M	-4.24M	4.86M
Cash from Operations	-111K	-6.45M	-6.06M	-10.27M	-4.52M
Capital Expenditure	-230K	-225K	-281K	-734K	-29K
Sale of Property, Plant, and Equipment	11K	188K	15K	428K	24K
Cash Acquisitions	-	43K	-476K	-	-1K
Sale (Purchase) of Intangible assets	-1.86M	-956K	-268K	-163K	-73K
Investment in Marketable and Equity Securities, Total	-59K	-40K	1.34M	-197K	165K
Other Investing Activities, Total	22K	14K	-26K	-184K	165K
Cash from Investing	-2.11M	-976K	301K	-850K	251K
Short Term Debt Issued, Total	-	386K	-	9K	-
Long-Term Debt Issued, Total	2.68M	1.34M	3.08M	11.81M	5.59M
Total Debt Issued	2.68M	1.72M	3.08M	11.82M	5.59M
Short Term Debt Repaid, Total	-	-	-386K	-	-
Long-Term Debt Repaid, Total	-31K	-348K	-1.03M	-833K	-4.29M
Total Debt Repaid	-31K	-348K	-1.42M	-833K	-4.29M
Issuance of Common Stock	-	6.05M	6.82M	-	2.72M
Other Financing Activities, Total	-263K	-	1K	-1K	-
Cash from Financing	2.39M	7.42M	8.48M	10.99M	4.02M
Foreign Exchange Rate Adjustments	-7K	10K	-1K	5K	4K
Miscellaneous Cash Flow Adjustments	-1K	-	-	-1K	-
Net Change in Cash	160K	9K	2.73M	-127K	-237K
Supplemental Items
Levered Free Cash Flow	-1.73M	-5.28M	2.57M	-8.74M	2.46M
Unlevered Free Cash Flow	-1.72M	-5.09M	2.69M	-8.69M	2.66M
Change In Net Working Capital	-1.31M	115K	-11.95M	3.92M	-7.9M
Net Debt Issued / Repaid	2.65M	1.38M	1.66M	10.99M	1.3M

Fiscal Period: December	2020 (EUR)	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)
Profitability
Return on Assets	-3.79	-11.92	-25.88	-13.31	-26.04
Return on Total Capital	-16.52	-51.31	-318.8	276.66	105.27
Return On Equity %	-46.43	-239.11	497.46	104.33	116.09
Return on Common Equity	-46.43	-238.98	497.64	104.33	116.09
Margin Analysis
Gross Profit Margin %	73.15	65.61	64.94	45.09	9.75
SG&A Margin	50.51	67.57	44.69	38.37	87.33
EBITDA Margin %	-9.29	-45.69	-72.26	-26.98	-195.55
EBITA Margin %	-10.63	-47.64	-72.55	-28.58	-229.92
EBIT Margin %	-10.63	-47.64	-72.63	-28.61	-231.28
Income From Continuing Operations Margin %	-10.57	-48.2	-105.55	-40.1	-357
Net Income Margin %	-10.57	-48.2	-105.55	-40.1	-357
Net Avail. For Common Margin %	-10.57	-48.2	-105.55	-40.1	-357
Normalized Net Income Margin	-7.12	-31.53	-62.03	-22.89	-169.28
Levered Free Cash Flow Margin	-9.82	-38.73	13.27	-36.67	52.15
Unlevered Free Cash Flow Margin	-9.72	-37.33	13.87	-36.47	56.36
Asset Turnover
Asset Turnover	0.57	0.4	0.57	0.74	0.18
Fixed Assets Turnover	34.27	26.02	30.71	18.82	2.69
Receivables Turnover (Average Receivables)	0.97	0.74	1.3	2.04	0.51
Inventory Turnover (Average Inventory)	1.05	0.92	1.62	4.29	1.07
Short Term Liquidity
Current Ratio	1.1	1.06	0.76	0.85	0.62
Quick Ratio	0.87	0.81	0.58	0.55	0.43
Operating Cash Flow to Current Liabilities	-0	-0.22	-0.16	-0.32	-0.15
Days Sales Outstanding (Average Receivables)	376.75	492.67	280.33	179.02	716.44
Days Outstanding Inventory (Average Inventory)	348.04	396.25	225.68	85.1	342.67
Average Days Payable Outstanding	579.09	546.34	871.75	251.29	304.59
Cash Conversion Cycle (Average Days)	145.71	342.58	-365.75	12.83	754.52
Long Term Solvency
Total Debt/Equity	150.07	231.39	-72.59	-98.3	-40.25
Total Debt / Total Capital	60.01	69.82	-264.78	-5.8K	-67.38
LT Debt/Equity	88.95	116.83	-29.73	-45.26	-3.02
Long-Term Debt / Total Capital	35.57	35.25	-108.47	-2.67K	-5.05
Total Liabilities / Total Assets	91	92.79	133.15	123.91	203.18
EBIT / Interest Expense	-67	-21.23	-76.02	-86.32	-34.32
EBITDA / Interest Expense	-58.54	-20.36	-75.63	-81.38	-29.02
(EBITDA - Capex) / Interest Expense	-66.75	-21.09	-77.15	-90.67	-29.11
Total Debt / EBITDA	-2.69	-0.95	-0.56	-1.15	-0.94
Net Debt / EBITDA	-1.91	-0.74	-0.27	-0.55	-0.57
Total Debt / (EBITDA - Capex)	-2.36	-0.92	-0.55	-1.04	-0.93
Net Debt / (EBITDA - Capex)	-1.68	-0.71	-0.27	-0.49	-0.57
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	50.14	-22.74	42.01	23.08	-80.2
Gross Profit, 1 Yr. Growth %	26.72	-30.32	40.57	-14.54	-95.72
EBITDA, 1 Yr. Growth %	-777.27	358.09	137.34	-54.05	43.54
EBITA, 1 Yr. Growth %	325.4	254.39	128	-51.57	59.11
EBIT, 1 Yr. Growth %	325.4	254.39	128.26	-51.51	60.05
Earnings From Cont. Operations, 1 Yr. Growth %	-1.38K	252.39	210.99	-53.24	76.28
Net Income, 1 Yr. Growth %	-1.38K	252.39	210.99	-53.24	76.28
Normalized Net Income, 1 Yr. Growth %	482.9	249.54	193.67	-54.58	46.44
Accounts Receivable, 1 Yr. Growth %	9.63	1.31	-29.78	-11.08	-30.91
Inventory, 1 Yr. Growth %	0.96	24.9	-51.54	22.7	37.21
Net Property, Plant and Equip., 1 Yr. Growth %	-0.39	3.89	36.14	148.28	-5.6
Total Assets, 1 Yr. Growth %	12.18	8.36	-8.32	-2.83	-34.07
Tangible Book Value, 1 Yr. Growth %	-48.15	-18.21	-627.69	-28.84	170.27
Common Equity, 1 Yr. Growth %	-42.22	-13.05	-521.11	-29.93	184.53
Cash From Operations, 1 Yr. Growth %	-95.79	5.71K	-6.06	66.89	-56.01
Capital Expenditures, 1 Yr. Growth %	-5.74	-2.17	24.89	161.21	-96.05
Levered Free Cash Flow, 1 Yr. Growth %	-26.26	259.24	-150.67	-449.89	-116.62
Unlevered Free Cash Flow, 1 Yr. Growth %	-26.86	250.4	-155.03	-432.52	-118.02
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-4.11	7.7	4.74	32.21	-50.63
Gross Profit, 2 Yr. CAGR %	2.58	-6.3	-1.03	9.6	-80.87
EBITDA, 2 Yr. CAGR %	123.54	407.38	220.74	4.43	-18.79
EBITA, 2 Yr. CAGR %	378.31	283.8	176.83	5.14	-12.16
EBIT, 2 Yr. CAGR %	378.31	283.8	176.99	5.2	-11.9
Earnings From Cont. Operations, 2 Yr. CAGR %	77.49	570.92	231.04	20.59	-9.21
Net Income, 2 Yr. CAGR %	77.49	570.92	231.04	20.59	-9.21
Normalized Net Income, 2 Yr. CAGR %	60.77	346.53	212.49	15.49	-18.45
Accounts Receivable, 2 Yr. CAGR %	24.02	5.39	-15.65	-20.98	-21.62
Inventory, 2 Yr. CAGR %	34.7	12.29	-22.2	-22.89	29.75
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.71	1.73	18.93	83.85	53.1
Total Assets, 2 Yr. CAGR %	17.62	10.25	-0.32	-5.61	-19.96
Tangible Book Value, 2 Yr. CAGR %	-5.11	-34.87	107.75	93.78	38.68
Common Equity, 2 Yr. CAGR %	0.27	-29.12	91.35	71.78	41.2
Cash From Operations, 2 Yr. CAGR %	-80.2	56.42	638.64	26.21	-14.32
Capital Expenditures, 2 Yr. CAGR %	-11.1	-3.97	10.53	80.62	-67.87
Levered Free Cash Flow, 2 Yr. CAGR %	-6.51	49.91	32.22	31.27	-0.74
Unlevered Free Cash Flow, 2 Yr. CAGR %	-5	47.31	35.97	33.44	0.88
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.82	-10.78	18.1	10.53	-29.79
Gross Profit, 3 Yr. CAGR %	11.88	-10	7.27	-5.76	-62.81
EBITDA, 3 Yr. CAGR %	-20.33	166.81	286.67	67.83	16.11
EBITA, 3 Yr. CAGR %	-21.07	329.48	216.99	54.89	20.76
EBIT, 3 Yr. CAGR %	-21.07	329.48	217.11	54.95	21
Earnings From Cont. Operations, 3 Yr. CAGR %	-25.86	123.08	419.23	72.4	36.86
Net Income, 3 Yr. CAGR %	-25.86	123.08	419.23	72.4	36.86
Normalized Net Income, 3 Yr. CAGR %	-20.35	106.78	281.91	64.3	25
Accounts Receivable, 3 Yr. CAGR %	17.7	15.94	-7.95	-14.16	-24.44
Inventory, 3 Yr. CAGR %	8.65	31.35	-15.14	-9.44	-6.56
Net Property, Plant and Equip., 3 Yr. CAGR %	-0.83	0.13	12.11	52	47.22
Total Assets, 3 Yr. CAGR %	18.09	14.45	3.68	-1.17	-16.25
Tangible Book Value, 3 Yr. CAGR %	-32.61	-9.69	30.81	45.36	116.51
Common Equity, 3 Yr. CAGR %	-29.49	-4.38	28.37	36.9	103.24
Cash From Operations, 3 Yr. CAGR %	-51.55	31.56	31.97	352.27	-11.18
Capital Expenditures, 3 Yr. CAGR %	42.79	-8.22	4.82	47.23	-49.49
Levered Free Cash Flow, 3 Yr. CAGR %	-0.57	38.62	3.03	81.16	-21.42
Unlevered Free Cash Flow, 3 Yr. CAGR %	-4.92	38.87	4.62	81.54	-18.32
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-10.1	-9.79	0.14	4.42	-16.68
Gross Profit, 5 Yr. CAGR %	-1.05	-4.06	6.41	-2.62	-46.18
EBITDA, 5 Yr. CAGR %	27.31	16.13	33.98	81.32	107.14
EBITA, 5 Yr. CAGR %	145.59	13.95	29.78	142.04	89.76
EBIT, 5 Yr. CAGR %	145.59	13.95	29.81	142.09	89.98
Earnings From Cont. Operations, 5 Yr. CAGR %	16.58	5.93	34.89	74.42	158.48
Net Income, 5 Yr. CAGR %	16.58	5.93	34.89	74.42	158.48
Normalized Net Income, 5 Yr. CAGR %	33.07	10	37.01	62.18	105.94
Accounts Receivable, 5 Yr. CAGR %	3.2	6.73	3.01	-0.54	-13.68
Inventory, 5 Yr. CAGR %	-6	6.04	-4.94	6.15	0.57
Net Property, Plant and Equip., 5 Yr. CAGR %	-11.28	-6.09	6.65	27.68	26.99
Total Assets, 5 Yr. CAGR %	2.96	8.3	10.34	5.96	-6.52
Tangible Book Value, 5 Yr. CAGR %	44.4	-15.46	5.73	22.56	33.9
Common Equity, 5 Yr. CAGR %	55.75	-11.94	5.12	20.87	33.36
Cash From Operations, 5 Yr. CAGR %	-50.79	133.44	44.06	29.4	11.38
Capital Expenditures, 5 Yr. CAGR %	-12.17	14.37	28.89	20.33	-34.69
Levered Free Cash Flow, 5 Yr. CAGR %	-17.52	66.81	7.83	34.54	0.93
Unlevered Free Cash Flow, 5 Yr. CAGR %	-16.88	50.29	6.12	35.53	2.55