€784.57M Market Cap.
ADSE Market Cap. (MRY)
ADSE Shares Outstanding (MRY)
ADSE Assets (MRY)
Total Assets
€145.23M
Total Liabilities
€188.04M
Total Investments
€179.00K
ADSE Income (MRY)
Revenue
€110.01M
Net Income
-€97.96M
Operating Expense
€28.04M
ADSE Cash Flow (MRY)
CF Operations
-€16.29M
CF Investing
-€1.30M
CF Financing
€10.60M
ADSE Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0 | 0% | 0% | 0% | - |
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | - | - | 0% | - |
ADSE Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | €145,230,000 (16.74%) | €124,408,000 (-10.78%) | €139,442,000 (-7.79%) | €151,224,000 (233.62%) |
Assets Current | €115,042,000 (28.53%) | €89,509,000 (-14.96%) | €105,250,000 (-17.23%) | €127,152,000 (402.08%) |
Assets Non-Current | €30,188,000 (-13.50%) | €34,899,000 (2.07%) | €34,192,000 (42.04%) | €24,072,000 (20.34%) |
Goodwill & Intangible Assets | €20,529,000 (-18.02%) | €25,041,000 (13.52%) | €22,059,000 (29.47%) | €17,038,000 (11.09%) |
Shareholders Equity | -€42,809,000 (-226.21%) | €33,919,000 (-57.99%) | €80,747,000 (-16.66%) | €96,892,000 (1228.09%) |
Property Plant & Equipment Net | €9,468,000 (-2.16%) | €9,677,000 (10.52%) | €8,756,000 (77.03%) | €4,946,000 (9.38%) |
Cash & Equivalents | €22,858,000 (-21.62%) | €29,162,000 (-15.33%) | €34,441,000 (-66.17%) | €101,813,000 (565527.78%) |
Accumulated Other Comprehensive Income | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Deferred Revenue | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Total Investments | €179,000 (0%) | €0 (0%) | €3,373,000 (0%) | €0 (0%) |
Investments Current | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Investments Non-Current | €179,000 (0%) | €0 (0%) | €3,373,000 (0%) | €0 (0%) |
Inventory | €63,666,000 (62.75%) | €39,119,000 (-26.38%) | €53,137,000 (306.77%) | €13,063,000 (-39.54%) |
Trade & Non-Trade Receivables | €14,935,000 (-29.65%) | €21,231,000 (20.15%) | €17,670,000 (56.26%) | €11,308,000 (443.92%) |
Trade & Non-Trade Payables | €35,172,000 (58.50%) | €22,190,000 (39.98%) | €15,852,000 (11.96%) | €14,158,000 (-62.66%) |
Accumulated Retained Earnings (Deficit) | -€289,156,000 (-51.23%) | -€191,198,000 (-40.47%) | -€136,117,000 (-16.13%) | -€117,210,000 (-296.37%) |
Tax Assets | €108,000 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Tax Liabilities | €1,683,000 (54.83%) | €1,087,000 (-75.47%) | €4,431,000 (138.35%) | €1,859,000 (28.56%) |
Total Debt | €16,813,000 (-3.04%) | €17,341,000 (398.73%) | €3,477,000 (-63.73%) | €9,587,000 (229.56%) |
Debt Current | €14,477,000 (-1.92%) | €14,761,000 (1653.09%) | €842,000 (-89.54%) | €8,050,000 (789.50%) |
Debt Non-Current | €2,336,000 (-9.46%) | €2,580,000 (-2.09%) | €2,635,000 (71.44%) | €1,537,000 (-23.30%) |
Total Liabilities | €188,039,000 (107.80%) | €90,489,000 (54.17%) | €58,695,000 (8.03%) | €54,332,000 (0.77%) |
Liabilities Current | €61,847,000 (2.49%) | €60,347,000 (42.42%) | €42,373,000 (39.20%) | €30,440,000 (29.71%) |
Liabilities Non-Current | €126,192,000 (318.66%) | €30,142,000 (84.67%) | €16,322,000 (-31.68%) | €23,892,000 (-21.54%) |
ADSE Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | €110,013,000 (2.45%) | €107,384,000 (306.30%) | €26,430,000 (-19.99%) | €33,035,000 (-30.26%) |
Cost of Revenue | €90,585,000 (-17.85%) | €110,270,000 (256.81%) | €30,904,000 (-12.48%) | €35,310,000 (-22.48%) |
Selling General & Administrative Expense | €31,588,000 (13.53%) | €27,823,000 (-11.16%) | €31,319,000 (135.11%) | €13,321,000 (75.97%) |
Research & Development Expense | €8,971,000 (216.77%) | €2,832,000 (66.49%) | €1,701,000 (-15.46%) | €2,012,000 (168.62%) |
Operating Expenses | €28,036,000 (-32.67%) | €41,639,000 (30.33%) | €31,949,000 (95.19%) | €16,368,000 (63.50%) |
Interest Expense | €88,883,000 (540.04%) | €13,887,000 (3152.22%) | €427,000 (-84.94%) | €2,835,000 (32.79%) |
Income Tax Expense | €491,000 (115.63%) | -€3,141,000 (-222.12%) | €2,572,000 (522.76%) | €413,000 (1017.78%) |
Net Loss Income from Discontinued Operations | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Consolidated Income | -€97,958,000 (-77.84%) | -€55,081,000 (-191.34%) | -€18,906,000 (78.43%) | -€87,640,000 (-752.53%) |
Net Income to Non-Controlling Interests | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Net Income | -€97,958,000 (-77.84%) | -€55,081,000 (-191.34%) | -€18,906,000 (78.43%) | -€87,640,000 (-752.53%) |
Preferred Dividends Income Statement Impact | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Net Income Common Stock | -€97,958,000 (-77.84%) | -€55,081,000 (-191.34%) | -€18,906,000 (78.43%) | -€87,640,000 (-752.53%) |
Weighted Average Shares | €50,584,758 (3.49%) | €48,877,162 (0.14%) | €48,807,898 (0.00%) | €48,807,898 |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | -€8,584,000 (80.64%) | -€44,335,000 (-178.71%) | -€15,907,000 (81.15%) | -€84,392,000 (-930.43%) |
Gross Profit | €19,428,000 (773.18%) | -€2,886,000 (35.49%) | -€4,474,000 (-96.66%) | -€2,275,000 (-224.86%) |
Operating Income | -€8,608,000 (80.67%) | -€44,525,000 (-22.24%) | -€36,423,000 (-95.37%) | -€18,643,000 (-127.66%) |
ADSE Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -€1,296,000 (86.94%) | -€9,920,000 (8.77%) | -€10,874,000 (-94.70%) | -€5,585,000 (15.67%) |
Net Cash Flow from Financing | €10,598,000 (-58.43%) | €25,492,000 (394.53%) | -€8,655,000 (-106.87%) | €125,950,000 (1172.22%) |
Net Cash Flow from Operations | -€16,285,000 (21.17%) | -€20,659,000 (64.26%) | -€57,805,000 (-215.81%) | -€18,304,000 (-45.45%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -€6,984,000 (-37.29%) | -€5,087,000 (93.42%) | -€77,334,000 (-175.77%) | €102,062,000 (1196.62%) |
Net Cash Flow - Business Acquisitions and Disposals | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Capital Expenditure | -€1,296,000 (86.94%) | -€9,920,000 (10.39%) | -€11,070,000 (-98.21%) | -€5,585,000 (15.67%) |
Issuance (Repayment) of Debt Securities | -€12,221,000 (-164.29%) | €19,010,000 (331.04%) | -€8,228,000 (53.70%) | -€17,771,000 (-279.51%) |
Issuance (Purchase) of Equity Shares | €24,002,000 (256.06%) | €6,741,000 (0%) | €0 (0%) | €161,284,000 (0%) |
Payment of Dividends & Other Cash Distributions | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Effect of Exchange Rate Changes on Cash | €680,000 (454.17%) | -€192,000 (-101.93%) | €9,962,000 (3831.09%) | -€267,000 (0%) |
Share Based Compensation | €3,866,000 (166.44%) | €1,451,000 (-47.56%) | €2,767,000 (0%) | €0 (0%) |
Depreciation Amortization & Accretion | €6,699,000 (38.12%) | €4,850,000 (11.85%) | €4,336,000 (24.42%) | €3,485,000 (112.37%) |
ADSE Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 17.70% (755.56%) | -2.70% (84.02%) | -16.90% (-144.93%) | -6.90% (-281.58%) |
Profit Margin | -89.00% (-73.49%) | -51.30% (28.25%) | -71.50% (73.05%) | -265.30% (-1122.58%) |
EBITDA Margin | -1.70% (95.38%) | -36.80% (15.98%) | -43.80% (82.12%) | -244.90% (-1674.64%) |
Return on Average Equity (ROAE) | 2203.80% (2393.24%) | -96.10% (-351.17%) | -21.30% (89.27%) | -198.50% (-166.59%) |
Return on Average Assets (ROAA) | -72.70% (-73.92%) | -41.80% (-221.54%) | -13.00% (85.43%) | -89.20% (-369.47%) |
Return on Sales (ROS) | -7.80% (81.11%) | -41.30% (31.40%) | -60.20% (76.44%) | -255.50% (-1376.88%) |
Return on Invested Capital (ROIC) | -20.40% (83.61%) | -124.50% (-117.28%) | -57.30% (92.89%) | -806.20% (-400.75%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | -7.8 (-36.89%) | -5.7 (24.27%) | -7.52 (-223.86%) | -2.32 |
Price to Sales Ratio (P/S) | 6.85 (133.73%) | 2.93 (-45.92%) | 5.42 (-54.38%) | 11.87 |
Price to Book Ratio (P/B) | -17.59 (-289.73%) | 9.27 (423.01%) | 1.77 (-56.19%) | 4.05 |
Debt to Equity Ratio (D/E) | -4.39 (-264.66%) | 2.67 (266.99%) | 0.73 (29.59%) | 0.56 (108.94%) |
Earnings Per Share (EPS) | -1.91 (-69.03%) | -1.13 (-189.74%) | -0.39 (88.73%) | -3.46 (98.92%) |
Sales Per Share (SPS) | 2.27 (-7.21%) | 2.44 (323.78%) | 0.58 (-25.10%) | 0.77 |
Free Cash Flow Per Share (FCFPS) | -0.35 (44.41%) | -0.63 (55.63%) | -1.41 (-188.55%) | -0.49 |
Book Value Per Share (BVPS) | -0.85 (-221.90%) | 0.69 (-58.04%) | 1.65 (-16.68%) | 1.99 |
Tangible Assets Book Value Per Share (TABVPS) | 2.46 (21.25%) | 2.03 (-15.47%) | 2.4 (-12.51%) | 2.75 |
Enterprise Value Over EBIT (EV/EBIT) | -87 (-1142.86%) | -7 (-40.00%) | -5 (0.00%) | -5 |
Enterprise Value Over EBITDA (EV/EBITDA) | -396.9 (-4873.75%) | -7.98 (-11.05%) | -7.19 (-45.64%) | -4.93 |
Asset Turnover | 0.82 (0.25%) | 0.81 (347.25%) | 0.18 (-45.83%) | 0.34 (-61.60%) |
Current Ratio | 1.86 (25.42%) | 1.48 (-40.30%) | 2.48 (-40.53%) | 4.18 (287.12%) |
Dividends | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Free Cash Flow (FCF) | -€17,581,000 (42.51%) | -€30,579,000 (55.60%) | -€68,875,000 (-188.31%) | -€23,889,000 (-24.38%) |
Enterprise Value (EV) | €779,339,926 (122.59%) | €350,116,971 (295.82%) | €88,454,642 (-80.50%) | €453,586,895 |
Earnings Before Tax (EBT) | -€97,467,000 (-67.41%) | -€58,222,000 (-256.45%) | -€16,334,000 (81.27%) | -€87,227,000 (-744.81%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -€1,885,000 (95.23%) | -€39,485,000 (-241.24%) | -€11,571,000 (85.70%) | -€80,907,000 (-1135.41%) |
Invested Capital | €56,809,000 (108.86%) | €27,199,000 (-38.25%) | €44,046,000 (282.34%) | €11,520,000 (22.36%) |
Working Capital | €53,195,000 (82.41%) | €29,162,000 (-53.62%) | €62,877,000 (-34.99%) | €96,712,000 (5105.17%) |
Tangible Asset Value | €124,701,000 (25.50%) | €99,367,000 (-15.35%) | €117,383,000 (-12.52%) | €134,186,000 (347.42%) |
Market Capitalization | €784,569,597 (124.50%) | €349,471,708 (129.49%) | €152,280,642 (-65.83%) | €445,616,109 |
Average Equity | -€4,445,000 (-107.75%) | €57,333,000 (-35.45%) | €88,819,500 (101.17%) | €44,151,500 (1380.12%) |
Average Assets | €134,819,000 (2.19%) | €131,925,000 (-9.23%) | €145,333,000 (47.88%) | €98,276,000 (81.45%) |
Invested Capital Average | €42,004,000 (17.91%) | €35,622,500 (28.22%) | €27,783,000 (165.42%) | €10,467,500 (105.81%) |
Shares | 50,584,758 (3.49%) | 48,877,162 (0.14%) | 48,807,898 (0.00%) | 48,807,898 |
