Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Turbo Energy, S.A. files with the SEC in its annual reports.
In EUR millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2021
FY2023
FY2023
FY2024
Revenue
17.2
31.1
13.1
9.64
Cost of revenue
13.7
26.5
10.8
9.08
Gross profit
3.48
4.63
2.3
0.56
Research and development
0.02
Selling, general and administrative
0.88
1.5
1.53
2.15
Operating income
0.48
1.67
-2.64
-3.97
Interest expense
0
0
Pre-tax income
0.35
1.4
-3.13
-4.48
Income tax
0.08
0.37
-1.12
-1.14
Net income
0.27
1.03
-2.01
-3.34
EBITDA
0.48
1.68
-2.62
-3.96
EPS, basic
0.01
0.02
-0.04
-0.06
EPS, diluted
0.01
0.02
-0.04
-0.06
Balance sheet
FY2021
FY2023
FY2023
FY2024
Cash and equivalents
0.62
0.5
0.62
2.38
Short-term investments
2.04
0.05
Receivables
3.14
2.22
2.93
Inventory
10.1
5.59
1.95
Total current assets
14.6
13.1
8.58
Property, plant and equipment
0.15
0.16
0.27
Lease right-of-use assets
0.06
0.09
0.05
0.04
Intangible assets
0.37
0.84
1.71
Total assets
15.2
15.2
12.6
Accounts payable
2.41
1.85
2.02
Short-term debt
8.01
3.9
4.37
Total current liabilities
11
9.82
9.21
Lease liabilities
0.04
0.02
0
Total liabilities
11.3
9.97
10
Total debt
0.32
0.09
Retained earnings
1.03
-2.01
-5.35
Total equity
0.39
3.92
5.26
2.62
Total liabilities and equity
15.2
15.2
12.6
Cash flow statement
FY2021
FY2023
FY2023
FY2024
Net income
0.27
1.03
-2.01
-3.34
Depreciation and amortization
0
0.01
0.02
0.01
Cash from operations
0.07
-5.65
0.18
0.99
Capital expenditures
-0.02
-0.13
-0.03
-0.13
Cash from investing
-0.12
-0.4
-2.59
0.94
Stock issued
3.35
Dividends paid
-0.25
-0.07
Cash from financing
0.37
5.93
2.52
-0.16
Free cash flow
0.05
-5.78
0.15
0.86
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. No valuation: the share price is quoted in a different currency than the statements.
Profitability
Metric
Value
How it is calculated
Gross margin
5.8%
Gross profit / revenue.
Operating margin
-41.2%
Operating income / revenue.
EBITDA margin
-41.1%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-46.5%
Pre-tax income / revenue.
Net margin
-34.6%
Net income / revenue.
FCF margin
8.9%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
10.2%
Cash from operations / revenue.
Return on assets (ROA)
-23.9%
Net income / average total assets.
SG&A / revenue
22.3%
Selling, general and administrative expense / revenue.
Capex / revenue
1.3%
Capital expenditures / revenue.
D&A / revenue
0.1%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-26.7%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-17.5%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
-75.7%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
-45.7%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
439.8%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
139.8%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow growth, 1y
455.7%
Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y
152.0%
Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
-16.9%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.93x
Current assets / current liabilities.
Quick ratio
0.58x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.26x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
79.3%
Total liabilities / total assets.
Interest coverage
-5,714x
Operating income / interest expense.
Working capital
-€630.3K
Current assets - current liabilities.
Goodwill and intangibles / assets
13.5%
(Goodwill + intangible assets) / total assets.
Efficiency
Metric
Value
How it is calculated
Asset turnover
0.69x
Revenue / average total assets.
Fixed asset turnover
44.5x
Revenue / average property, plant and equipment.
Inventory turnover
2.41x
Cost of revenue / average inventory.
Days inventory
151 days
365 x average inventory / cost of revenue.
Receivables turnover
3.74x
Revenue / average receivables.
Days sales outstanding
97 days
365 x average receivables / revenue.
Days payables
78 days
365 x average accounts payable / cost of revenue.
Cash conversion cycle
171 days
Days inventory + days sales outstanding - days payables.
Capex / operating cash flow
12.8%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
-€0.06
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-€0.06
Net income per basic share, as reported (split-adjusted).
What was Turbo Energy, S.A.'s revenue in fiscal 2024?
Turbo Energy, S.A. reported revenue of €9.6M for fiscal 2024, 26.7% lower than the year before.
Was Turbo Energy, S.A. profitable in fiscal 2024?
No. It reported a net loss of €3.3M.
How much free cash flow did Turbo Energy, S.A. generate in fiscal 2024?
Cash from operations of €986.9K minus capital expenditures of €126.6K left free cash flow of €860.4K.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.