Cash flow centrotherm international AG

Equities

CTNK

DE000A1TNMM9

Renewable Energy Equipment & Services

Market Closed - Deutsche Boerse AG Other stock markets 03:13:43 2025-07-11 pm EDT			5-day change	1st Jan Change
5.400 ^EUR	0.00%		0.00%	+63.64%

Apr. 30	Centrotherm international AG Reports Earnings Results for the Full Year Ended December 31, 2024	CI
Apr. 30	Centrotherm International Ag Provides Earnings Guidance for the Year 2025	CI

95a883.BT335ytvGmVqKIKxIOYj4tBuYY-lG0HeR01jS180OV0.UGfBnRhCWCYBG8_la9ZvgZw0BsnpeQmaPgNVDCVHeztnScK-YFpbHDBEww

Published financial data: CENTROTHERM INTERNATIONAL AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	108M	177M	181M	151M	239M
Other Revenues, Total	-	-	-	-	-
Total Revenues	108M	177M	181M	151M	239M
Cost of Goods Sold, Total	64.75M	108M	109M	70.18M	119M
Gross Profit	42.85M	68.05M	71.67M	81.32M	120M
Selling General & Admin Expenses, Total	31.75M	35.31M	38.2M	42.52M	48.32M
Depreciation & Amortization - (IS)	3.07M	3.29M	3.9M	3.95M	4.43M
Other Operating Expenses	18.88M	25.03M	18.56M	22.94M	33.36M
Other Operating Expenses, Total	53.7M	63.64M	60.67M	69.41M	86.11M
Operating Income	-10.85M	4.42M	11M	11.91M	34.29M
Interest Expense, Total	-924K	-988K	-869K	-971K	-1.03M
Interest And Investment Income	4K	132K	13K	1.4M	1.81M
Net Interest Expenses	-920K	-856K	-856K	424K	774K
Currency Exchange Gains (Loss)	-298K	89K	76K	30K	-144K
Other Non Operating Income (Expenses)	-123K	9.14M	53K	3.14M	379K
EBT, Excl. Unusual Items	-12.19M	12.79M	10.27M	15.5M	35.3M
Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-50K	-	-	-	-
Asset Writedown	-	-205K	-75K	-	-
Insurance Settlements	149K	54K	117K	-	211K
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-1.5M	-	-	-
EBT, Incl. Unusual Items	-12.09M	11.15M	10.32M	15.5M	35.51M
Income Tax Expense	-1.01M	-461K	-1.7M	-3.2M	9.55M
Earnings From Continuing Operations	-11.08M	11.61M	12.02M	18.7M	25.96M
Earnings Of Discontinued Operations	1.19M	-	-	-	-
Net Income to Company	-9.89M	11.61M	12.02M	18.7M	25.96M
Minority Interest	-	-	-1K	-	-10K
Net Income - (IS)	-9.89M	11.61M	12.02M	18.7M	25.96M
Net Income to Common Incl Extra Items	-9.89M	11.61M	12.02M	18.7M	25.96M
Net Income to Common Excl. Extra Items	-11.08M	11.61M	12.02M	18.7M	25.96M
Per Share Items
Net EPS - Basic	-0.47	0.55	0.57	0.88	1.23
Basic EPS - Continuing Operations	-0.52	0.55	0.57	0.88	1.23
Basic Weighted Average Shares Outstanding	21.16M	21.16M	21.16M	21.16M	21.16M
Net EPS - Diluted	-0.47	0.55	0.57	0.88	1.23
Diluted EPS - Continuing Operations	-0.52	0.55	0.57	0.88	1.23
Diluted Weighted Average Shares Outstanding	21.16M	21.16M	21.16M	21.16M	21.16M
Normalized Basic EPS	-0.36	0.38	0.3	0.46	1.04
Normalized Diluted EPS	-0.36	0.38	0.3	0.46	1.04
Supplemental Items
EBITDA	-8.06M	7.31M	14.45M	15.41M	39.48M
EBITA	-10.68M	4.59M	11.15M	12M	36.31M
EBIT	-10.85M	4.42M	11M	11.91M	34.29M
EBITDAR	-7.52M	7.66M	14.68M	15.68M	39.97M
Effective Tax Rate - (Ratio)	8.32	-4.14	-16.52	-20.67	26.88
Total Current Taxes	277K	660K	979K	1.93M	3.22M
Total Deferred Taxes	-1.28M	-1.12M	-2.68M	-5.13M	6.33M
Normalized Net Income	-7.62M	8M	6.42M	9.69M	22.05M
Interest on Long-Term Debt	37K	33K	29K	23K	40K
Supplemental Operating Expense Items
Advertising Expense	284K	275K	-	-	-
Selling and Marketing Expenses	284K	275K	-	-	-
Research And Development Expense From Footnotes	11.11M	11.12M	11.29M	12.6M	15.94M
Net Rental Expense, Total	539K	351K	233K	271K	499K
Imputed Operating Lease Interest Expense	170K	141K	92.26K	120K	461K
Imputed Operating Lease Depreciation	369K	210K	141K	151K	37.58K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	32.83M	36.11M	63.97M	50.1M	95.98M
Short Term Investments	443K	176K	157K	-	180K
Total Cash And Short Term Investments	33.27M	36.28M	64.13M	50.1M	96.16M
Accounts Receivable, Total	21.86M	21.67M	11.76M	11.24M	23.48M
Other Receivables	3.81M	3.61M	3.5M	7.37M	5.56M
Total Receivables	25.67M	25.28M	15.26M	18.61M	29.04M
Inventory	138M	153M	107M	174M	204M
Prepaid Expenses	610K	-	-	-	-
Other Current Assets, Total	625K	11.14M	12.07M	23.14M	22.68M
Total Current Assets	198M	226M	199M	266M	352M
Gross Property Plant And Equipment	81.65M	85.58M	84.92M	87.62M	93.34M
Accumulated Depreciation	-46.4M	-48.33M	-49.79M	-52.34M	-56.08M
Net Property Plant And Equipment	35.24M	37.26M	35.13M	35.28M	37.27M
Long-term Investments	181K	178K	80K	79K	80K
Goodwill	-	-	-	-	-
Other Intangibles, Total	1.35M	1.37M	1.24M	1.23M	1.28M
Deferred Tax Assets Long-Term	4.14M	5.27M	7.94M	13.01M	6.68M
Other Long-Term Assets, Total	977K	932K	897K	874K	827K
Total Assets	240M	271M	244M	316M	398M
Liabilities
Accounts Payable, Total	28.8M	13.35M	13.98M	18.58M	10.32M
Accrued Expenses, Total	4.15M	7.5M	9.3M	11.84M	12.86M
Current Portion of Long-Term Debt	4.37M	-	-	-	-
Current Portion of Leases	360K	438K	397K	318K	469K
Current Income Taxes Payable	294K	374K	801K	1.33M	3.1M
Unearned Revenue Current, Total	141M	178M	138M	176M	233M
Other Current Liabilities	10.07M	8.13M	7.06M	6.08M	27.6M
Total Current Liabilities	189M	208M	169M	214M	287M
Long-Term Debt	16.53M	16.72M	16.9M	17.09M	-
Long-Term Leases	507K	483K	177K	165K	-
Unearned Revenue Non Current	-	-	-	-	-
Deferred Tax Liability Non Current	6K	-	-	-	-
Other Non Current Liabilities	1.62M	2.34M	1.94M	1.62M	1.95M
Total Liabilities	208M	227M	189M	233M	289M
Common Stock, Total	21.16M	21.16M	21.16M	21.16M	21.16M
Retained Earnings	-67.58M	-55.98M	-43.96M	-15.75M	10.2M
Comprehensive Income and Other	78.27M	78.53M	78.19M	77.79M	77.96M
Total Common Equity	31.85M	43.72M	55.39M	83.2M	109M
Minority Interest	9K	9K	8K	8K	18K
Total Equity	31.86M	43.73M	55.4M	83.2M	109M
Total Liabilities And Equity	240M	271M	244M	316M	398M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	21.16M	21.16M	21.16M	21.16M	21.16M
ECS Total Common Shares Outstanding	21.16M	21.16M	21.16M	21.16M	21.16M
Book Value / Share	1.5	2.07	2.62	3.93	5.17
Tangible Book Value	30.5M	42.35M	54.16M	81.96M	108M
Tangible Book Value Per Share	1.44	2	2.56	3.87	5.11
Total Debt	21.77M	17.64M	17.48M	17.57M	469K
Net Debt	-11.5M	-18.64M	-46.65M	-32.53M	-95.69M
Debt Equivalent Oper. Leases	4.31M	2.81M	1.86M	2.17M	3.99M
Minority Interest, Total (Incl. Fin. Div)	9K	9K	8K	8K	18K
Equity Method Investments, Total	-	-	80K	79K	80K
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	27.97M	19.39M	32.92M	53.4M	32.17M
Inventories - Work In Process, Total	107M	133M	74.11M	121M	172M
Inventories - Finished Goods, Total	3.4M	1.19M	141K	15K	67K
Land - (BS)	56.56M	57.09M	57.09M	57.61M	58.83M
Machinery, Total	25.09M	27.98M	27.17M	28.56M	31.55M
Full Time Employees	549	571	598	677	755
Accumulated Allowance for Doubtful Accounts (Supple)	6.43M	6.89M	5.67M	5.14M	4.97M
Order Backlog	257M	271M	424M	539M	458M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-9.89M	11.61M	12.02M	18.7M	25.96M
Depreciation & Amortization - CF	3M	3.12M	3.76M	3.86M	3.6M
Amortization of Goodwill and Intangible Assets - (CF)	172K	173K	148K	98K	2.02M
Depreciation & Amortization, Total	3.17M	3.29M	3.9M	3.95M	5.63M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-13K	-36K	-2K	3K	-14K
Asset Writedown & Restructuring Costs	-	205K	75K	-	733K
Net Cash From Discontinued Operations	1.11M	-	-	-	-
Other Operating Activities, Total	-4.8M	-431K	-2.64M	-4.81M	8.12M
Change In Accounts Receivable	-9.7M	196K	9.91M	516K	-12.24M
Change In Inventories	-43.36M	-17.9M	45.38M	-69.98M	-30.63M
Change In Accounts Payable	10.45M	-15.45M	635K	4.6M	-8.26M
Change in Unearned Revenues	61.34M	36.36M	-39.8M	38.09M	56.6M
Change in Other Net Operating Assets	3.02M	-8.23M	803K	-1.48M	4.58M
Cash from Operations	11.31M	9.62M	30.28M	-10.41M	50.48M
Capital Expenditure	-586K	-2.15M	-2.02M	-2.79M	-4.11M
Sale of Property, Plant, and Equipment	13K	36K	2K	3K	71K
Divestitures	9.28M	-	143K	-	-
Sale (Purchase) of Intangible assets	-92K	-198K	-29K	-112K	-130K
Investment in Marketable and Equity Securities, Total	800K	-15K	-	-	-
Cash from Investing	9.41M	-2.33M	-1.9M	-2.9M	-4.17M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-4.76M	-4.09M	-500K	-511K	-461K
Total Debt Repaid	-4.76M	-4.09M	-500K	-511K	-461K
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-4.76M	-4.09M	-500K	-511K	-461K
Foreign Exchange Rate Adjustments	-28K	80K	-16K	-47K	21K
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	15.93M	3.28M	27.86M	-13.87M	45.87M
Supplemental Items
Cash Interest Paid	573K	1.26M	536K	717K	792K
Cash Income Tax Paid (Refund)	109K	170K	567K	872K	1.08M
Levered Free Cash Flow	27.48M	1.02M	25.21M	-18.86M	54.35M
Unlevered Free Cash Flow	28.06M	1.63M	25.75M	-18.25M	55M
Change In Net Working Capital	-32.34M	2.07M	-17.02M	26.74M	-32.18M
Net Debt Issued / Repaid	-4.76M	-4.09M	-500K	-511K	-461K

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-3.18	1.08	2.67	2.61	6
Return on Total Capital	-11.24	4.8	10.24	8.13	20.37
Return On Equity %	-30.12	30.72	24.25	25.25	26.97
Return on Common Equity	-30.12	30.72	24.25	25.25	26.96
Margin Analysis
Gross Profit Margin %	39.82	38.55	39.58	53.68	50.33
SG&A Margin	29.5	20	21.1	28.07	20.2
EBITDA Margin %	-7.49	4.14	7.98	10.17	16.5
EBITA Margin %	-9.92	2.6	6.16	7.92	15.18
EBIT Margin %	-10.08	2.5	6.08	7.86	14.33
Income From Continuing Operations Margin %	-10.3	6.58	6.64	12.34	10.85
Net Income Margin %	-9.19	6.58	6.64	12.34	10.85
Net Avail. For Common Margin %	-10.3	6.58	6.64	12.34	10.85
Normalized Net Income Margin	-7.08	4.53	3.55	6.39	9.22
Levered Free Cash Flow Margin	25.54	0.58	13.92	-12.45	22.72
Unlevered Free Cash Flow Margin	26.07	0.93	14.22	-12.05	22.99
Asset Turnover
Asset Turnover	0.5	0.69	0.7	0.53	0.67
Fixed Assets Turnover	3	4.87	5	4.3	6.59
Receivables Turnover (Average Receivables)	6.33	8.11	10.83	13.18	13.78
Inventory Turnover (Average Inventory)	0.56	0.75	0.84	0.5	0.63
Short Term Liquidity
Current Ratio	1.05	1.09	1.17	1.24	1.23
Quick Ratio	0.31	0.3	0.47	0.32	0.44
Operating Cash Flow to Current Liabilities	0.06	0.05	0.18	-0.05	0.18
Days Sales Outstanding (Average Receivables)	57.85	45.01	33.69	27.7	26.56
Days Outstanding Inventory (Average Inventory)	658.36	489.57	434.23	736.24	582.52
Average Days Payable Outstanding	79.35	62.17	78.63	44.04	35.46
Cash Conversion Cycle (Average Days)	636.86	472.4	389.29	719.91	573.61
Long Term Solvency
Total Debt/Equity	68.34	40.34	31.54	21.12	0.43
Total Debt / Total Capital	40.6	28.74	23.98	17.44	0.43
LT Debt/Equity	53.48	39.33	30.83	20.73	-
Long-Term Debt / Total Capital	31.77	28.03	23.44	17.12	-
Total Liabilities / Total Assets	86.72	83.85	77.29	73.69	72.55
EBIT / Interest Expense	-11.74	4.47	12.66	12.26	33.2
EBITDA / Interest Expense	-8.31	7.81	17.15	16.33	38.64
(EBITDA - Capex) / Interest Expense	-8.94	5.63	14.83	13.46	34.66
Total Debt / EBITDA	-2.84	2.29	1.17	1.11	0.01
Net Debt / EBITDA	1.5	-2.42	-3.13	-2.05	-2.4
Total Debt / (EBITDA - Capex)	-2.63	3.17	1.36	1.34	0.01
Net Debt / (EBITDA - Capex)	1.39	-3.35	-3.62	-2.49	-2.67
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	7.13	64.06	2.57	-16.33	57.91
Gross Profit, 1 Yr. Growth %	7.14	58.82	5.31	17.93	48.06
EBITDA, 1 Yr. Growth %	-26.28	-189.59	148.58	-0.37	117.05
EBITA, 1 Yr. Growth %	-22.58	-143.01	259.96	-1.32	145.67
EBIT, 1 Yr. Growth %	-22.51	-140.74	276.2	-0.92	188
Earnings From Cont. Operations, 1 Yr. Growth %	-25.6	-204.74	3.53	43.46	38.85
Net Income, 1 Yr. Growth %	-38.99	-217.35	3.52	43.45	38.8
Normalized Net Income, 1 Yr. Growth %	-19.24	-204.96	-9.09	37.26	127.69
Diluted EPS Before Extra, 1 Yr. Growth %	-25.61	-204.74	3.52	43.45	38.8
Accounts Receivable, 1 Yr. Growth %	79.99	-0.9	-45.75	-4.39	108.85
Inventory, 1 Yr. Growth %	45.02	11.05	-30.01	59.33	17.44
Net Property, Plant and Equip., 1 Yr. Growth %	-3.65	5.7	-5.7	0.44	5.63
Total Assets, 1 Yr. Growth %	28.58	12.86	-9.93	24.8	25.93
Tangible Book Value, 1 Yr. Growth %	-24.29	38.88	27.87	28.75	31.81
Common Equity, 1 Yr. Growth %	-23.71	37.27	26.7	28.2	31.4
Cash From Operations, 1 Yr. Growth %	-301.32	-14.95	214.7	-134.38	-584.81
Capital Expenditures, 1 Yr. Growth %	-74.87	267.24	-6.18	38.14	47.44
Levered Free Cash Flow, 1 Yr. Growth %	-345.08	-96.24	30.27K	-216.51	-441.79
Unlevered Free Cash Flow, 1 Yr. Growth %	-365.15	-94.1	3.58K	-209.1	-459.28
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-15.71	32.57	29.72	-7.36	14.94
Gross Profit, 2 Yr. CAGR %	-5.97	30.45	29.33	9.31	32.14
EBITDA, 2 Yr. CAGR %	39.94	-18.23	33.1	62.82	59.75
EBITA, 2 Yr. CAGR %	145.04	-42.29	2.19	96.88	72.77
EBIT, 2 Yr. CAGR %	147.01	-43.82	0.7	101.8	68.92
Earnings From Cont. Operations, 2 Yr. CAGR %	345.29	-11.73	4.13	26.92	41.14
Net Income, 2 Yr. CAGR %	124.61	-15.39	10.22	26.92	41.1
Normalized Net Income, 2 Yr. CAGR %	213.17	-7.93	-8.2	17.11	76.78
Diluted EPS Before Extra, 2 Yr. CAGR %	346.09	-11.73	4.13	26.92	41.1
Accounts Receivable, 2 Yr. CAGR %	11.54	33.56	-26.67	-27.98	41.31
Inventory, 2 Yr. CAGR %	62.83	26.91	-11.84	6.58	36.79
Net Property, Plant and Equip., 2 Yr. CAGR %	-6.68	0.92	-0.16	-2.68	3
Total Assets, 2 Yr. CAGR %	25.76	20.46	0.82	8.07	25.37
Tangible Book Value, 2 Yr. CAGR %	-26.01	2.54	33.26	39.11	30.28
Common Equity, 2 Yr. CAGR %	-25.81	2.34	31.88	37.95	29.79
Cash From Operations, 2 Yr. CAGR %	5.3	30.85	63.61	4.02	29.11
Capital Expenditures, 2 Yr. CAGR %	4.08	-3.94	85.62	13.84	42.71
Levered Free Cash Flow, 2 Yr. CAGR %	-12.05	-69.88	-3.53	1.41K	83.25
Unlevered Free Cash Flow, 2 Yr. CAGR %	-10.48	-60.69	-3.56	410.41	81.32
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	1.77	5.24	21.7	12.08	10.66
Gross Profit, 3 Yr. CAGR %	-6.71	11.98	21.46	23.81	20.95
EBITDA, 3 Yr. CAGR %	3.45	21.1	9.75	23.62	89.37
EBITA, 3 Yr. CAGR %	2.06	37.2	-6.84	3.99	127.18
EBIT, 3 Yr. CAGR %	1.38	35.46	-7.72	3.15	127.2
Earnings From Cont. Operations, 3 Yr. CAGR %	-2.49	174.87	-6.91	19.05	30.78
Net Income, 3 Yr. CAGR %	-6.11	80.9	-9.5	23.64	30.76
Normalized Net Income, 3 Yr. CAGR %	9.23	117.54	-12.04	8.33	46.17
Diluted EPS Before Extra, 3 Yr. CAGR %	-2.48	175.2	-6.91	19.05	30.76
Accounts Receivable, 3 Yr. CAGR %	50.74	7.23	-1.09	-19.89	2.7
Inventory, 3 Yr. CAGR %	6.91	43.33	4.07	8.05	10.09
Net Property, Plant and Equip., 3 Yr. CAGR %	-5.23	-2.72	-1.34	0.04	0.01
Total Assets, 3 Yr. CAGR %	4.94	21.3	9.33	9.64	13.72
Tangible Book Value, 3 Yr. CAGR %	-17.14	-8.73	10.37	39.04	36.64
Common Equity, 3 Yr. CAGR %	-17.12	-8.92	9.89	37.72	35.73
Cash From Operations, 3 Yr. CAGR %	6.19	-1.94	75.32	-2.73	73.76
Capital Expenditures, 3 Yr. CAGR %	-3.69	58.45	-4.69	68.21	24.09
Levered Free Cash Flow, 3 Yr. CAGR %	6.2	-69.41	31	-11.37	768.37
Unlevered Free Cash Flow, 3 Yr. CAGR %	7.96	-63.99	34.51	-12.97	328.19
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-4.96	4.06	12.14	0.01	18.95
Gross Profit, 5 Yr. CAGR %	-5.06	0.94	6.31	10.9	24.66
EBITDA, 5 Yr. CAGR %	38.77	2.13	14.7	30.22	29.28
EBITA, 5 Yr. CAGR %	50.43	5.13	2.11	46.52	21.37
EBIT, 5 Yr. CAGR %	41.85	7.35	1.11	46.28	19.62
Earnings From Cont. Operations, 5 Yr. CAGR %	9.74	13.91	0.11	101.78	11.75
Net Income, 5 Yr. CAGR %	7.28	13.9	0.11	56.99	9.86
Normalized Net Income, 5 Yr. CAGR %	19.56	35.41	1.89	65.64	18.51
Diluted EPS Before Extra, 5 Yr. CAGR %	9.74	13.9	0.11	101.93	11.74
Accounts Receivable, 5 Yr. CAGR %	32.51	16.23	12.99	-8.55	14.08
Inventory, 5 Yr. CAGR %	23.33	20.05	-1.03	27.31	16.53
Net Property, Plant and Equip., 5 Yr. CAGR %	-5.47	-3.04	-3.23	-2.71	0.37
Total Assets, 5 Yr. CAGR %	2.14	9.01	3.27	15.82	16.37
Tangible Book Value, 5 Yr. CAGR %	-8.56	0.16	0.2	8.03	21.82
Common Equity, 5 Yr. CAGR %	-8.73	-0.21	-0.2	7.53	21.23
Cash From Operations, 5 Yr. CAGR %	32.23	-11.17	26.23	0.41	55.12
Capital Expenditures, 5 Yr. CAGR %	-0.07	24.1	25.21	38.82	12.01
Levered Free Cash Flow, 5 Yr. CAGR %	-13.72	-53.71	1.9	-11.9	37.12
Unlevered Free Cash Flow, 5 Yr. CAGR %	-13.37	-48.99	2.92	-12.22	39.05