Suspension of trading

Cash flow Mynaric AG

Equities

MYNA

US62857X1019

Communications & Networking

Market Closed - OTC Markets Other stock markets 03:25:34 2025-09-12 pm EDT			5-day change	1st Jan Change
0.000400 ^USD	-96.00%		-.--%	-

6efd424a7f625921d6209ab217ba0f.nbcy6BWF-68cU5eF9gUeA72y-B3cP0xokspX7memclk.8NNk2E3VqulPEsjhxWR9RYnEwFGJDyEK0YETqS_jFDfp9l2Ec_ao6iU0rw

Published financial data: MYNARIC AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	6.63M	9.82M	2.36M	4.42M	5.39M
Total Revenues	6.63M	9.82M	2.36M	4.42M	5.39M
Cost of Goods Sold, Total	2.23M	7.2M	5.44M	13.11M	16.73M
Gross Profit	4.4M	2.62M	-3.09M	-8.68M	-11.34M
Selling General & Admin Expenses, Total	8.18M	16.69M	23.37M	37.44M	35.88M
Depreciation & Amortization - (IS)	1.2M	2.02M	4.52M	6.46M	7.14M
Other Operating Expenses	2.69M	5.04M	11.48M	19.67M	18.94M
Other Operating Expenses, Total	12.08M	23.74M	39.37M	63.57M	61.96M
Operating Income	-7.68M	-21.13M	-42.45M	-72.26M	-73.3M
Interest Expense, Total	-	-1.06M	-2.15M	-2.54M	-15.86M
Interest And Investment Income	105K	18K	-	-	333K
Net Interest Expenses	105K	-1.04M	-2.15M	-2.54M	-15.53M
Income (Loss) On Equity Invest.	-	-	-	-45K	-355K
Currency Exchange Gains (Loss)	-	-530K	826K	2.57M	562K
Other Non Operating Income (Expenses)	-92.41K	-1K	90K	-	405K
EBT, Excl. Unusual Items	-7.67M	-22.69M	-43.69M	-72.28M	-88.22M
Gain (Loss) On Sale Of Assets	-	-51K	-	-	-630K
Asset Writedown	-	-	-	-1.53M	-4.48M
Other Unusual Items	-	-	-	-	-750K
EBT, Incl. Unusual Items	-7.67M	-22.74M	-43.69M	-73.81M	-94.08M
Income Tax Expense	161K	-1K	1.79M	-24K	-552K
Earnings From Continuing Operations	-7.83M	-22.74M	-45.48M	-73.78M	-93.53M
Net Income to Company	-7.83M	-22.74M	-45.48M	-73.78M	-93.53M
Net Income - (IS)	-7.83M	-22.74M	-45.48M	-73.78M	-93.53M
Net Income to Common Incl Extra Items	-7.83M	-22.74M	-45.48M	-73.78M	-93.53M
Net Income to Common Excl. Extra Items	-7.83M	-22.74M	-45.48M	-73.78M	-93.53M
Per Share Items
Net EPS - Basic	-0.69	-1.7	-2.68	-3.39	-3.87
Basic EPS - Continuing Operations	-0.69	-1.7	-2.68	-3.39	-3.87
Basic Weighted Average Shares Outstanding	11.33M	13.42M	17M	21.74M	24.17M
Net EPS - Diluted	-0.69	-1.7	-2.68	-3.39	-3.87
Diluted EPS - Continuing Operations	-0.69	-1.7	-2.68	-3.39	-3.87
Diluted Weighted Average Shares Outstanding	11.33M	13.42M	17M	21.74M	24.17M
Normalized Basic EPS	-0.42	-1.06	-1.61	-2.08	-2.28
Normalized Diluted EPS	-0.42	-1.06	-1.61	-2.08	-2.28
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	-6.99M	-20.3M	-40.46M	-69M	-69.48M
EBITA	-7.57M	-21.12M	-42.45M	-72.26M	-73.3M
EBIT	-7.68M	-21.13M	-42.45M	-72.26M	-73.3M
EBITDAR	-	-20.3M	-40.45M	-68.97M	-69.45M
Total Revenues (As Reported)	7.92M	9.44M	-	-	-
Effective Tax Rate - (Ratio)	-2.1	0	-4.1	0.03	0.59
Deferred Domestic Taxes	161K	-	-	-	-
Total Deferred Taxes	161K	-	-	-24K	-552K
Normalized Net Income	-4.79M	-14.18M	-27.3M	-45.17M	-55.14M
Interest Capitalized	-	1.15M	233K	87K	77K
Interest on Long-Term Debt	92K	138K	185K	229K	652K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	7.74M	19M	19.49M	22.87M
Net Rental Expense, Total	-	5K	6K	32K	31K
Imputed Operating Lease Interest Expense	-	11.99K	13.46K	41.58K	70.94K
Imputed Operating Lease Depreciation	-	-6.99K	-7.46K	-9.58K	-39.94K
Stock-Based Comp., SG&A Exp. (Total)	-	992K	1.94M	6.13M	3.97M
Stock-Based Comp., Other (Total)	105K	-	-	-	-
Total Stock-Based Compensation	105K	992K	1.94M	6.13M	3.97M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	8.91M	43.2M	48.14M	10.24M	23.96M
Short Term Investments	821K	-	-	-	-
Total Cash And Short Term Investments	9.74M	43.2M	48.14M	10.24M	23.96M
Accounts Receivable, Total	75.76K	550K	-	1.1M	300K
Other Receivables	239K	543K	2.28M	2.21M	1.67M
Total Receivables	314K	1.09M	2.28M	3.32M	1.97M
Inventory	3.26M	5.23M	8.4M	13.35M	22.7M
Prepaid Expenses	-	-	2.04M	2.24M	737K
Other Current Assets, Total	226K	796K	1.19M	1.23M	6.09M
Total Current Assets	13.53M	50.32M	62.05M	30.37M	55.45M
Gross Property Plant And Equipment	11.85M	20.71M	31.22M	41.42M	63.52M
Accumulated Depreciation	-1.3M	-2.69M	-5.63M	-10.33M	-14.41M
Net Property Plant And Equipment	10.55M	18.02M	25.6M	31.09M	49.1M
Long-term Investments	226K	-	-	355K	-
Goodwill	-	0	-	-	-
Other Intangibles, Total	10.22M	89K	424K	380K	263K
Deferred Charges Long-Term	-	17.8M	19.54M	17.68M	13.07M
Other Long-Term Assets, Total	-	359K	411K	449K	1.2M
Total Assets	34.54M	86.58M	108M	80.32M	119M
Liabilities
Accounts Payable, Total	1.21M	1.71M	4.38M	4.22M	7.63M
Accrued Expenses, Total	1.38M	3.68M	4.45M	6.28M	9.47M
Short-term Borrowings	-	-	-	14.44M	3.29M
Current Portion of Leases	664K	1.16M	1.64M	1.86M	5.44M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	-	299K	307K	15.37M	47.33M
Other Current Liabilities	333K	2.05M	2.95M	1.04M	1.73M
Total Current Liabilities	3.58M	8.89M	13.72M	43.21M	74.88M
Long-Term Debt	-	-	-	-	59.5M
Long-Term Leases	6.08M	6.8M	7.39M	7.09M	19.83M
Unearned Revenue Non Current	-	-	-	-	11.66M
Deferred Tax Liability Non Current	-	-	1.79M	1.77M	1.22M
Other Non Current Liabilities	25.4K	179K	211K	466K	1.28M
Total Liabilities	9.69M	15.87M	23.12M	52.53M	168M
Common Stock, Total	2.9M	4.09M	5.24M	5.67M	6.23M
Retained Earnings	-24.17M	-46.11M	-92.77M	-167M	-260M
Comprehensive Income and Other	46.12M	113M	172M	189M	205M
Total Common Equity	24.85M	70.71M	84.91M	27.79M	-49.29M
Total Equity	24.85M	70.71M	84.91M	27.79M	-49.29M
Total Liabilities And Equity	34.54M	86.58M	108M	80.32M	119M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	11.62M	16.37M	20.97M	22.67M	25.27M
ECS Total Common Shares Outstanding	11.62M	16.37M	20.97M	22.67M	24.94M
Book Value / Share	2.14	4.32	4.05	1.23	-1.98
Tangible Book Value	14.63M	70.62M	84.49M	27.41M	-49.55M
Tangible Book Value Per Share	1.26	4.31	4.03	1.21	-1.99
Total Debt	6.74M	7.96M	9.03M	23.38M	88.06M
Net Debt	-2.99M	-35.24M	-39.12M	13.14M	64.1M
Debt Equivalent Oper. Leases	-	40K	48K	256K	248K
Equity Method Investments, Total	-	-	-	355K	-
Account Code - Inventory Valuation	3	3	6	6	6
Inventories - Raw Materials, Total	733K	4.06M	6.66M	10.85M	20.98M
Inventories - Work In Process, Total	2.15M	1.17M	1.18M	2.06M	832K
Inventories - Finished Goods, Total	-	-	551K	439K	888K
Inventories - Others	377K	-	-	-	-
Land - (BS)	-	1.26M	2.97M	3.61M	3.15M
Machinery, Total	-	7.5M	14.62M	22.42M	26.49M
Full Time Employees	90	186	248.9	328.8	314.2
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	330K

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-7.83M	-22.74M	-45.48M	-73.78M	-93.53M
Depreciation & Amortization - CF	1.06M	1.64M	3.25M	4.91M	5.66M
Amortization of Goodwill and Intangible Assets - (CF)	110K	1K	-	-	1K
Depreciation & Amortization, Total	1.17M	1.64M	3.25M	4.91M	5.66M
Amortization of Deferred Charges, Total - (CF)	-	222K	1.27M	1.54M	1.48M
(Gain) Loss From Sale Of Asset	-	51K	20K	109K	630K
Asset Writedown & Restructuring Costs	3.5K	156K	-	1.53M	4.48M
(Income) Loss On Equity Investments - (CF)	-	-	-	45K	355K
Stock-Based Compensation (CF)	105K	992K	1.94M	6.13M	3.97M
Other Operating Activities, Total	161K	-18K	3.11M	-54K	14.01M
Change In Accounts Receivable	-1.25M	-514K	572K	-1.12M	732K
Change In Inventories	-	-2.04M	-3.17M	-4.96M	-9.38M
Change In Accounts Payable	-31.56K	258K	2.32M	2.24M	5.91M
Change in Unearned Revenues	-	312K	-1.01M	-144K	39.76M
Change in Other Net Operating Assets	247K	3.53M	-2.25M	13.33M	-3.07M
Cash from Operations	-7.42M	-18.15M	-39.43M	-50.22M	-28.98M
Capital Expenditure	-8.09M	-6.72M	-7.61M	-10.18M	-4.85M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-7M	-3.35M	-1.12M	-70K
Investment in Marketable and Equity Securities, Total	1.56M	-	-	-400K	-
Other Investing Activities, Total	-2.61K	-	-	-	333K
Cash from Investing	-6.53M	-13.72M	-10.96M	-11.7M	-4.59M
Short Term Debt Issued, Total	-	2.5M	7.5M	-	-
Long-Term Debt Issued, Total	-	5M	-	13.53M	67.72M
Total Debt Issued	-	7.5M	7.5M	13.53M	67.72M
Short Term Debt Repaid, Total	-	-2.5M	-7.5M	-	-
Long-Term Debt Repaid, Total	-435K	-679K	-1.06M	-1.81M	-15.45M
Total Debt Repaid	-435K	-3.18M	-8.56M	-1.81M	-15.45M
Issuance of Common Stock	10.42M	61.75M	66.54M	11.2M	12.77M
Other Financing Activities, Total	-	203K	-10.68M	-953K	-17.96M
Cash from Financing	9.98M	66.27M	54.8M	21.97M	47.09M
Foreign Exchange Rate Adjustments	-42.8K	-111K	527K	2.04M	205K
Net Change in Cash	-4.01M	34.28M	4.94M	-37.9M	13.72M
Supplemental Items
Cash Interest Paid	-	555K	2.38M	241K	10.74M
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	-12.51M	-23.19M	-34.82M	-36.85M	-21.65M
Unlevered Free Cash Flow	-12.51M	-22.53M	-33.48M	-35.26M	-11.73M
Change In Net Working Capital	895K	-1.54M	2.45M	-8.61M	-27.89M
Net Debt Issued / Repaid	-435K	4.32M	-1.06M	11.72M	52.27M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-16.19	-21.8	-27.27	-47.96	-45.95
Return on Total Capital	-17.9	-23.95	-30.74	-62.24	-101.87
Return On Equity %	-33.39	-47.6	-58.45	-130.93	870.27
Return on Common Equity	-33.39	-47.6	-58.45	-130.93	870.27
Margin Analysis
Gross Profit Margin %	66.31	26.68	-131.04	-196.4	-210.37
SG&A Margin	123.38	170.01	992.4	846.72	665.77
EBITDA Margin %	-105.4	-206.83	-1.72K	-1.56K	-1.29K
EBITA Margin %	-114.2	-215.21	-1.8K	-1.63K	-1.36K
EBIT Margin %	-115.86	-215.22	-1.8K	-1.63K	-1.36K
Income From Continuing Operations Margin %	-118.09	-231.7	-1.93K	-1.67K	-1.74K
Net Income Margin %	-118.09	-231.7	-1.93K	-1.67K	-1.74K
Net Avail. For Common Margin %	-118.09	-231.7	-1.93K	-1.67K	-1.74K
Normalized Net Income Margin	-72.29	-144.5	-1.16K	-1.02K	-1.02K
Levered Free Cash Flow Margin	-188.65	-236.2	-1.48K	-833.37	-401.63
Unlevered Free Cash Flow Margin	-188.65	-229.48	-1.42K	-797.4	-217.71
Asset Turnover
Asset Turnover	0.22	0.16	0.02	0.05	0.05
Fixed Assets Turnover	1.02	0.69	0.11	0.16	0.13
Receivables Turnover (Average Receivables)	33.75	31.36	-	-	7.69
Inventory Turnover (Average Inventory)	0.85	1.78	0.8	1.21	0.93
Short Term Liquidity
Current Ratio	3.78	5.66	4.52	0.7	0.74
Quick Ratio	2.81	4.98	3.67	0.31	0.35
Operating Cash Flow to Current Liabilities	-2.07	-2.04	-2.87	-1.16	-0.39
Days Sales Outstanding (Average Receivables)	10.82	11.67	-	-	47.44
Days Outstanding Inventory (Average Inventory)	429.68	206.16	457.14	302.8	393.2
Average Days Payable Outstanding	129.71	55.9	129.02	86.91	82.93
Cash Conversion Cycle (Average Days)	310.78	161.93	-	-	357.71
Long Term Solvency
Total Debt/Equity	27.14	11.25	10.63	84.13	-178.66
Total Debt / Total Capital	21.34	10.11	9.61	45.69	227.13
LT Debt/Equity	24.46	9.62	8.7	25.5	-160.95
Long-Term Debt / Total Capital	19.24	8.64	7.87	13.85	204.62
Total Liabilities / Total Assets	28.04	18.33	21.4	65.4	141.39
EBIT / Interest Expense	-	-20.02	-19.76	-28.39	-4.62
EBITDA / Interest Expense	-	-18.47	-18.25	-26.46	-4.26
(EBITDA - Capex) / Interest Expense	-	-24.84	-21.79	-30.46	-4.57
Total Debt / EBITDA	-1.04	-0.41	-0.23	-0.35	-1.3
Net Debt / EBITDA	0.46	1.81	1	-0.2	-0.95
Total Debt / (EBITDA - Capex)	-0.46	-0.3	-0.19	-0.3	-1.21
Net Debt / (EBITDA - Capex)	0.2	1.35	0.84	-0.17	-0.88
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	46.73	48.08	246.83	87.77	21.89
Gross Profit, 1 Yr. Growth %	35	-40.01	-169.04	181.43	30.56
EBITDA, 1 Yr. Growth %	-5.19	175.77	119.44	70.55	0.69
EBITA, 1 Yr. Growth %	-2.68	172.23	120.45	70.21	1.44
EBIT, 1 Yr. Growth %	-1.26	172.24	120.45	70.21	1.44
Earnings From Cont. Operations, 1 Yr. Growth %	0.65	196.65	130.03	62.24	26.76
Net Income, 1 Yr. Growth %	0.65	196.65	130.03	62.24	26.76
Normalized Net Income, 1 Yr. Growth %	-1.43	196.11	120.97	65.44	22.06
Diluted EPS Before Extra, 1 Yr. Growth %	-4	150.24	81.28	26.85	14.05
Accounts Receivable, 1 Yr. Growth %	-76.11	623.68	-	-	-72.75
Inventory, 1 Yr. Growth %	62.51	81.72	60.59	58.92	70.03
Net Property, Plant and Equip., 1 Yr. Growth %	330.64	70.72	42.06	21.47	57.94
Total Assets, 1 Yr. Growth %	39.47	150.69	24.78	-25.65	48.26
Tangible Book Value, 1 Yr. Growth %	-17.84	185.15	19.64	-67.55	-280.75
Common Equity, 1 Yr. Growth %	12.77	184.54	20.09	-67.27	-277.34
Cash From Operations, 1 Yr. Growth %	-7.63	140.67	132.81	27.37	-42.28
Capital Expenditures, 1 Yr. Growth %	57.05	237.83	13.21	33.72	-52.34
Levered Free Cash Flow, 1 Yr. Growth %	24.57	80.39	44.04	5.83	-41.26
Unlevered Free Cash Flow, 1 Yr. Growth %	24.57	76.05	38.48	5.32	-66.72
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	50.45	47.4	354.51	155.2	51.29
Gross Profit, 2 Yr. CAGR %	59.67	-10.31	1.31	39.39	91.69
EBITDA, 2 Yr. CAGR %	1.18	65.98	104.46	93.46	31.19
EBITA, 2 Yr. CAGR %	4.35	64.8	105.24	93.71	31.54
EBIT, 2 Yr. CAGR %	5.1	64.8	105.24	93.71	31.54
Earnings From Cont. Operations, 2 Yr. CAGR %	6.35	71	114.37	93.18	43.41
Net Income, 2 Yr. CAGR %	6.35	71	114.37	93.18	43.41
Normalized Net Income, 2 Yr. CAGR %	5.25	70.81	110.11	91.2	42.11
Diluted EPS Before Extra, 2 Yr. CAGR %	3.94	53.45	74.97	51.64	20.28
Accounts Receivable, 2 Yr. CAGR %	-45.56	31.7	-	41.49	-
Inventory, 2 Yr. CAGR %	178.17	61.58	157.57	59.76	64.38
Net Property, Plant and Equip., 2 Yr. CAGR %	262.09	171.14	55.03	31.36	38.51
Total Assets, 2 Yr. CAGR %	4.44	86.98	84.97	-3.68	4.99
Tangible Book Value, 2 Yr. CAGR %	-28.63	99.17	97.53	-37.7	-23.42
Common Equity, 2 Yr. CAGR %	-9.02	79.13	97.63	-37.3	-23.81
Cash From Operations, 2 Yr. CAGR %	-	50.31	117.7	72.2	-14.26
Capital Expenditures, 2 Yr. CAGR %	-	14.2	100.69	23.04	-20.17
Levered Free Cash Flow, 2 Yr. CAGR %	-	51.97	80.48	23.47	-21.09
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	49.8	76.97	20.77	-40.75
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	135.27	49.65	-19.52	238.51	99.48
Gross Profit, 3 Yr. CAGR %	141.1	14.96	-1.77	42.41	36.38
EBITDA, 3 Yr. CAGR %	59.93	43.82	76.42	92.46	55.62
EBITA, 3 Yr. CAGR %	60.36	44.84	76.07	92.83	56.14
EBIT, 3 Yr. CAGR %	61.13	44.84	76.07	92.83	56.14
Earnings From Cont. Operations, 3 Yr. CAGR %	61.95	48.67	80.15	95.36	67.87
Net Income, 3 Yr. CAGR %	61.95	48.67	80.15	95.36	67.87
Normalized Net Income, 3 Yr. CAGR %	60.83	48.56	77.75	94.02	64.63
Diluted EPS Before Extra, 3 Yr. CAGR %	-	38.38	54.88	57.18	37.9
Accounts Receivable, 3 Yr. CAGR %	-46.75	29.1	-	-	-18.29
Inventory, 3 Yr. CAGR %	98.36	131.65	61.25	119.28	63.11
Net Property, Plant and Equip., 3 Yr. CAGR %	158.12	181.82	118.58	42.92	39.68
Total Assets, 3 Yr. CAGR %	160.98	39.84	63.4	36.51	11.21
Tangible Book Value, 3 Yr. CAGR %	428.94	34.98	68.05	8.18	-11.14
Common Equity, 3 Yr. CAGR %	356.21	33.05	56.78	8.53	-11.33
Cash From Operations, 3 Yr. CAGR %	65.32	-	69.93	82.08	19.62
Capital Expenditures, 3 Yr. CAGR %	154.27	-	13.91	75.29	-10.31
Levered Free Cash Flow, 3 Yr. CAGR %	157.16	-	51.37	51.06	-3.61
Unlevered Free Cash Flow, 3 Yr. CAGR %	157.74	-	49.4	48.86	-21.41
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	38.61	39.54	35.85	8.59	3.59
Gross Profit, 5 Yr. CAGR %	44.91	19.93	57.98	38.18	28.35
EBITDA, 5 Yr. CAGR %	114.99	93.9	88.32	58.84	56.63
EBITA, 5 Yr. CAGR %	107.6	90.43	87.42	59.72	56.62
EBIT, 5 Yr. CAGR %	108.2	90.43	87.42	59.72	56.62
Earnings From Cont. Operations, 5 Yr. CAGR %	109.1	93.39	89.87	60.53	64.44
Net Income, 5 Yr. CAGR %	109.1	93.39	89.87	60.53	64.44
Normalized Net Income, 5 Yr. CAGR %	108.16	93.31	88.35	59.87	62.53
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	39.61	39.98
Accounts Receivable, 5 Yr. CAGR %	-22.93	21.77	-	33.92	-1.1
Inventory, 5 Yr. CAGR %	36.37	70.36	82.3	99.66	62.5
Net Property, Plant and Equip., 5 Yr. CAGR %	153.15	128.71	110.88	107.66	82.12
Total Assets, 5 Yr. CAGR %	84.85	118.47	123.37	20.46	36.9
Tangible Book Value, 5 Yr. CAGR %	288.01	121.79	285.81	-0.93	22.72
Common Equity, 5 Yr. CAGR %	2.91K	116.73	217.85	-1.53	17.47
Cash From Operations, 5 Yr. CAGR %	276.8	66.48	88.82	-	29.25
Capital Expenditures, 5 Yr. CAGR %	236.88	91.23	72.95	-	-1.19
Levered Free Cash Flow, 5 Yr. CAGR %	206.42	70.15	116.31	-	16.61
Unlevered Free Cash Flow, 5 Yr. CAGR %	206.4	69.19	114.91	-	3.17