Income Statement centrotherm international AG

Stocks

CTNK

DE000A1TNMM9

Renewable Energy Equipment & Services

Real-time Estimate Tradegate Other stock markets 15:37:03 10/07/2026 BST			5-day change	1st Jan Change
9.325 ^EUR	-0.80%		-2.09%	-6.50%

04-24	Celloraa Energy Pvt. Ltd. Energy Selects centrotherm international AG for 1.2 GW TOPCon Solar Cell Line In India	CI
03-30	Centrotherm international AG Reports Earnings Results for the Full Year Ended December 31, 2025	CI

f97eba2c357e7f3fe8f57037336359.PXN3JXVkAI3KT8fP9cp5-cUpamJjNsfm9O17kR8NhYY.Ugs6TTAhZrSGfvKOlqMbwZ1BIwYQZZO_tqcW_mU0s8lQOwARGjBU5akYng

Published financial data: CENTROTHERM INTERNATIONAL AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	177M	181M	151M	239M	212M
Other Revenues, Total	-	-	-	-	-
Total Revenues	177M	181M	151M	239M	212M
Cost of Goods Sold, Total	108M	109M	70.18M	119M	107M
Gross Profit	68.05M	71.67M	81.32M	120M	105M
Selling General & Admin Expenses, Total	35.31M	38.2M	42.52M	48.32M	50.22M
Depreciation & Amortization - (IS)	3.29M	3.9M	3.95M	4.43M	4.23M
Other Operating Expenses	25.03M	18.56M	22.94M	33.36M	24.04M
Other Operating Expenses, Total	63.64M	60.67M	69.41M	86.11M	78.49M
Operating Income	4.42M	11M	11.91M	34.29M	26.1M
Interest Expense, Total	-988K	-869K	-971K	-1.03M	-989K
Interest And Investment Income	132K	13K	1.4M	1.81M	2.42M
Net Interest Expenses	-856K	-856K	424K	774K	1.43M
Currency Exchange Gains (Loss)	89K	76K	30K	-144K	102K
Other Non Operating Income (Expenses)	9.14M	53K	3.14M	379K	-8K
EBT, Excl. Unusual Items	12.79M	10.27M	15.5M	35.3M	27.63M
Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-205K	-75K	-	-	-30K
Insurance Settlements	54K	117K	-	211K	205K
Legal Settlements	-	-	-	-	-
Other Unusual Items	-1.5M	-	-	-	-
EBT, Incl. Unusual Items	11.15M	10.32M	15.5M	35.51M	27.8M
Income Tax Expense	-461K	-1.7M	-3.2M	9.55M	8.61M
Earnings From Continuing Operations	11.61M	12.02M	18.7M	25.96M	19.19M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	11.61M	12.02M	18.7M	25.96M	19.19M
Minority Interest	-	-1K	-	-10K	1K
Net Income - (IS)	11.61M	12.02M	18.7M	25.96M	19.2M
Net Income to Common Incl Extra Items	11.61M	12.02M	18.7M	25.96M	19.2M
Net Income to Common Excl. Extra Items	11.61M	12.02M	18.7M	25.96M	19.2M
Per Share Items
Net EPS - Basic	0.55	0.57	0.88	1.23	0.91
Basic EPS - Continuing Operations	0.55	0.57	0.88	1.23	0.91
Basic Weighted Average Shares Outstanding	21.16M	21.16M	21.16M	21.16M	21.16M
Net EPS - Diluted	0.55	0.57	0.88	1.23	0.91
Diluted EPS - Continuing Operations	0.55	0.57	0.88	1.23	0.91
Diluted Weighted Average Shares Outstanding	21.16M	21.16M	21.16M	21.16M	21.16M
Normalized Basic EPS	0.38	0.3	0.46	1.04	0.82
Normalized Diluted EPS	0.38	0.3	0.46	1.04	0.82
Supplemental Items
EBITDA	7.31M	14.45M	15.41M	39.48M	29.86M
EBITA	4.59M	11.15M	12M	36.31M	26.2M
EBIT	4.42M	11M	11.91M	34.29M	26.1M
EBITDAR	7.66M	14.68M	15.68M	39.97M	30.35M
Effective Tax Rate - (Ratio)	-4.14	-16.52	-20.67	26.88	30.96
Total Current Taxes	660K	979K	1.93M	3.22M	4.84M
Total Deferred Taxes	-1.12M	-2.68M	-5.13M	6.33M	3.77M
Normalized Net Income	8M	6.42M	9.69M	22.05M	17.27M
Interest on Long-Term Debt	33K	29K	23K	40K	41K
Supplemental Operating Expense Items
Advertising Expense	275K	-	-	-	-
Selling and Marketing Expenses	275K	-	-	-	-
Research And Development Expense From Footnotes	11.12M	11.29M	12.6M	15.94M	16.98M
Net Rental Expense, Total	351K	233K	271K	499K	496K
Imputed Operating Lease Interest Expense	141K	92.26K	120K	461K	9.16M
Imputed Operating Lease Depreciation	210K	141K	151K	37.58K	-8.66M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	36.11M	63.97M	50.1M	95.98M	171M
Short Term Investments	176K	157K	-	180K	122K
Total Cash And Short Term Investments	36.28M	64.13M	50.1M	96.16M	171M
Accounts Receivable, Total	21.67M	11.76M	11.24M	23.48M	6.59M
Other Receivables	3.61M	3.5M	7.37M	5.56M	4.05M
Total Receivables	25.28M	15.26M	18.61M	29.04M	10.64M
Inventory	153M	107M	174M	204M	169M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	11.14M	12.07M	23.14M	22.68M	9.18M
Total Current Assets	226M	199M	266M	352M	359M
Gross Property Plant And Equipment	85.58M	84.92M	87.62M	93.34M	97.24M
Accumulated Depreciation	-48.33M	-49.79M	-52.34M	-56.08M	-58.21M
Net Property Plant And Equipment	37.26M	35.13M	35.28M	37.27M	39.04M
Long-term Investments	178K	80K	79K	80K	78K
Goodwill	-	-	-	-	-
Other Intangibles, Total	1.37M	1.24M	1.23M	1.28M	1.2M
Deferred Tax Assets Long-Term	5.27M	7.94M	13.01M	6.68M	2.94M
Other Long-Term Assets, Total	932K	897K	874K	827K	815K
Total Assets	271M	244M	316M	398M	403M
Liabilities
Accounts Payable, Total	13.35M	13.98M	18.58M	10.32M	8.54M
Accrued Expenses, Total	7.5M	9.3M	11.84M	12.86M	11.14M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	438K	397K	318K	469K	388K
Current Income Taxes Payable	374K	801K	1.33M	3.1M	5.25M
Unearned Revenue Current, Total	178M	138M	176M	233M	222M
Other Current Liabilities	8.13M	7.06M	6.08M	27.6M	7.53M
Total Current Liabilities	208M	169M	214M	287M	255M
Long-Term Debt	16.72M	16.9M	17.09M	-	-
Long-Term Leases	483K	177K	165K	-	-
Unearned Revenue Non Current	-	-	-	-	-
Deferred Tax Liability Non Current	-	-	-	-	26K
Other Non Current Liabilities	2.34M	1.94M	1.62M	1.95M	20.75M
Total Liabilities	227M	189M	233M	289M	276M
Common Stock, Total	21.16M	21.16M	21.16M	21.16M	21.16M
Retained Earnings	-55.98M	-43.96M	-15.75M	10.2M	29.4M
Comprehensive Income and Other	78.53M	78.19M	77.79M	77.96M	77.15M
Total Common Equity	43.72M	55.39M	83.2M	109M	128M
Minority Interest	9K	8K	8K	18K	14K
Total Equity	43.73M	55.4M	83.2M	109M	128M
Total Liabilities And Equity	271M	244M	316M	398M	403M
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	2.07	2.62	3.93	5.17	6.03
Tangible Book Value	42.35M	54.16M	81.96M	108M	127M
Tangible Book Value Per Share	2	2.56	3.87	5.11	5.98
Total Debt	17.64M	17.48M	17.57M	469K	388K
Net Debt	-18.64M	-46.65M	-32.53M	-95.69M	-170M
Debt Equivalent Oper. Leases	2.81M	1.86M	2.17M	3.99M	3.97M
Minority Interest, Total (Incl. Fin. Div)	9K	8K	8K	18K	14K
Equity Method Investments, Total	-	80K	79K	80K	78K
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	19.39M	32.92M	53.4M	32.17M	23.78M
Inventories - Work In Process, Total	133M	74.11M	121M	172M	145M
Inventories - Finished Goods, Total	1.19M	141K	15K	67K	12K
Land - (BS)	57.09M	57.09M	57.61M	58.83M	61.27M
Machinery, Total	27.98M	27.17M	28.56M	31.55M	34.78M
Full Time Employees	571	598	677	755	741
Accumulated Allowance for Doubtful Accounts (Supple)	6.89M	5.67M	5.14M	4.97M	4.62M
Order Backlog	271M	424M	539M	458M	331M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	11.61M	12.02M	18.7M	25.96M	19.2M
Depreciation & Amortization - CF	3.12M	3.76M	3.86M	3.6M	4.13M
Amortization of Goodwill and Intangible Assets - (CF)	173K	148K	98K	2.02M	106K
Depreciation & Amortization, Total	3.29M	3.9M	3.95M	5.63M	4.23M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-36K	-2K	3K	-14K	-3K
Asset Writedown & Restructuring Costs	205K	75K	-	733K	30K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-431K	-2.64M	-4.81M	8.12M	7.45M
Change In Accounts Receivable	196K	9.91M	516K	-12.24M	16.88M
Change In Inventories	-17.9M	45.38M	-69.98M	-30.63M	39.27M
Change In Accounts Payable	-15.45M	635K	4.6M	-8.26M	-1.78M
Change in Unearned Revenues	36.36M	-39.8M	38.09M	56.6M	-10.71M
Change in Other Net Operating Assets	-8.23M	803K	-1.48M	4.58M	4.48M
Cash from Operations	9.62M	30.28M	-10.41M	50.48M	79.04M
Capital Expenditure	-2.15M	-2.02M	-2.79M	-4.11M	-3.56M
Sale of Property, Plant, and Equipment	36K	2K	3K	71K	3K
Divestitures	-	143K	-	-	-
Sale (Purchase) of Intangible assets	-198K	-29K	-112K	-130K	-48K
Investment in Marketable and Equity Securities, Total	-15K	-	-	-	-
Cash from Investing	-2.33M	-1.9M	-2.9M	-4.17M	-3.61M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-4.09M	-500K	-511K	-461K	-492K
Total Debt Repaid	-4.09M	-500K	-511K	-461K	-492K
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-4.09M	-500K	-511K	-461K	-492K
Foreign Exchange Rate Adjustments	80K	-16K	-47K	21K	-235K
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	3.28M	27.86M	-13.87M	45.87M	74.7M
Supplemental Items
Cash Interest Paid	1.26M	536K	717K	792K	794K
Cash Income Tax Paid (Refund)	170K	567K	872K	1.08M	1.99M
Levered Free Cash Flow	1.02M	25.21M	-18.86M	54.35M	51.76M
Unlevered Free Cash Flow	1.63M	25.75M	-18.25M	55M	52.38M
Change In Net Working Capital	2.07M	-17.02M	26.74M	-32.18M	-35.44M
Net Debt Issued / Repaid	-4.09M	-500K	-511K	-461K	-492K

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.08	2.67	2.61	6	4.07
Return on Total Capital	4.8	10.24	8.13	20.37	13.71
Return On Equity %	30.72	24.25	25.25	26.97	16.19
Return on Common Equity	30.72	24.25	25.25	26.96	16.2
Margin Analysis
Gross Profit Margin %	38.55	39.58	53.68	50.33	49.35
SG&A Margin	20	21.1	28.07	20.2	23.7
EBITDA Margin %	4.14	7.98	10.17	16.5	14.09
EBITA Margin %	2.6	6.16	7.92	15.18	12.36
EBIT Margin %	2.5	6.08	7.86	14.33	12.31
Income From Continuing Operations Margin %	6.58	6.64	12.34	10.85	9.06
Net Income Margin %	6.58	6.64	12.34	10.85	9.06
Net Avail. For Common Margin %	6.58	6.64	12.34	10.85	9.06
Normalized Net Income Margin	4.53	3.55	6.39	9.22	8.15
Levered Free Cash Flow Margin	0.58	13.92	-12.45	22.72	24.42
Unlevered Free Cash Flow Margin	0.93	14.22	-12.05	22.99	24.71
Asset Turnover
Asset Turnover	0.69	0.7	0.53	0.67	0.53
Fixed Assets Turnover	4.87	5	4.3	6.59	5.55
Receivables Turnover (Average Receivables)	8.11	10.83	13.18	13.78	14.1
Inventory Turnover (Average Inventory)	0.75	0.84	0.5	0.63	0.58
Short Term Liquidity
Current Ratio	1.09	1.17	1.24	1.23	1.41
Quick Ratio	0.3	0.47	0.32	0.44	0.71
Operating Cash Flow to Current Liabilities	0.05	0.18	-0.05	0.18	0.31
Days Sales Outstanding (Average Receivables)	45.01	33.69	27.7	26.56	25.89
Days Outstanding Inventory (Average Inventory)	489.57	434.23	736.24	582.52	633.98
Average Days Payable Outstanding	62.17	78.63	44.04	35.46	48.03
Cash Conversion Cycle (Average Days)	472.4	389.29	719.91	573.61	611.84
Long Term Solvency
Total Debt/Equity	40.34	31.54	21.12	0.43	0.3
Total Debt / Total Capital	28.74	23.98	17.44	0.43	0.3
LT Debt/Equity	39.33	30.83	20.73	-	-
Long-Term Debt / Total Capital	28.03	23.44	17.12	-	-
Total Liabilities / Total Assets	83.85	77.29	73.69	72.55	68.33
EBIT / Interest Expense	4.47	12.66	12.26	33.2	26.39
EBITDA / Interest Expense	7.81	17.15	16.33	38.64	30.67
(EBITDA - Capex) / Interest Expense	5.63	14.83	13.46	34.66	27.07
Total Debt / EBITDA	2.29	1.17	1.11	0.01	0.01
Net Debt / EBITDA	-2.42	-3.13	-2.05	-2.4	-5.62
Total Debt / (EBITDA - Capex)	3.17	1.36	1.34	0.01	0.01
Net Debt / (EBITDA - Capex)	-3.35	-3.62	-2.49	-2.67	-6.37
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	64.06	2.57	-16.33	57.91	-11.41
Gross Profit, 1 Yr. Growth %	58.82	5.31	17.93	48.06	-13.13
EBITDA, 1 Yr. Growth %	-189.59	148.58	-0.37	117.05	-22.01
EBITA, 1 Yr. Growth %	-143.01	259.96	-1.32	145.67	-25.39
EBIT, 1 Yr. Growth %	-140.74	276.2	-0.92	188	-25.49
Earnings From Cont. Operations, 1 Yr. Growth %	-204.74	3.53	43.46	38.85	-26.08
Net Income, 1 Yr. Growth %	-217.35	3.52	43.45	38.8	-26.05
Normalized Net Income, 1 Yr. Growth %	-204.96	-9.09	37.26	127.69	-23.3
Diluted EPS Before Extra, 1 Yr. Growth %	-204.74	3.52	43.45	38.8	-26.05
Accounts Receivable, 1 Yr. Growth %	-0.9	-45.75	-4.39	108.85	-71.92
Inventory, 1 Yr. Growth %	11.05	-30.01	59.33	17.44	-17.46
Net Property, Plant and Equip., 1 Yr. Growth %	5.7	-5.7	0.44	5.63	4.74
Total Assets, 1 Yr. Growth %	12.86	-9.93	24.8	25.93	1.25
Tangible Book Value, 1 Yr. Growth %	38.88	27.87	28.75	31.81	17.1
Common Equity, 1 Yr. Growth %	37.27	26.7	28.2	31.4	16.82
Cash From Operations, 1 Yr. Growth %	-14.95	214.7	-134.38	-584.81	56.56
Capital Expenditures, 1 Yr. Growth %	267.24	-6.18	38.14	47.44	-13.38
Levered Free Cash Flow, 1 Yr. Growth %	-96.24	30.27K	-216.51	-441.79	-2.12
Unlevered Free Cash Flow, 1 Yr. Growth %	-94.1	3.58K	-209.1	-459.28	-2.15
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	32.57	29.72	-7.36	14.94	18.28
Gross Profit, 2 Yr. CAGR %	30.45	29.33	9.31	32.14	13.41
EBITDA, 2 Yr. CAGR %	-18.23	33.1	62.82	59.75	28.12
EBITA, 2 Yr. CAGR %	-42.29	2.19	96.88	72.77	33.15
EBIT, 2 Yr. CAGR %	-43.82	0.7	101.8	68.92	48.05
Earnings From Cont. Operations, 2 Yr. CAGR %	-11.73	4.13	26.92	41.14	1.31
Net Income, 2 Yr. CAGR %	-15.39	10.22	26.92	41.1	1.31
Normalized Net Income, 2 Yr. CAGR %	-7.93	-8.2	17.11	76.78	33.52
Diluted EPS Before Extra, 2 Yr. CAGR %	-11.73	4.13	26.92	41.1	1.31
Accounts Receivable, 2 Yr. CAGR %	33.56	-26.67	-27.98	41.31	-23.42
Inventory, 2 Yr. CAGR %	26.91	-11.84	6.58	36.79	-1.55
Net Property, Plant and Equip., 2 Yr. CAGR %	0.92	-0.16	-2.68	3	5.18
Total Assets, 2 Yr. CAGR %	20.46	0.82	8.07	25.37	12.92
Tangible Book Value, 2 Yr. CAGR %	2.54	33.26	39.11	30.28	24.24
Common Equity, 2 Yr. CAGR %	2.34	31.88	37.95	29.79	23.9
Cash From Operations, 2 Yr. CAGR %	30.85	63.61	4.02	29.11	175.51
Capital Expenditures, 2 Yr. CAGR %	-3.94	85.62	13.84	42.71	13.01
Levered Free Cash Flow, 2 Yr. CAGR %	-69.88	-3.53	1.41K	83.25	80.42
Unlevered Free Cash Flow, 2 Yr. CAGR %	-60.69	-3.56	410.41	81.32	84.98
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.24	21.7	12.08	10.66	5.39
Gross Profit, 3 Yr. CAGR %	11.98	21.46	23.81	20.95	14.9
EBITDA, 3 Yr. CAGR %	21.1	9.75	23.62	89.37	24.51
EBITA, 3 Yr. CAGR %	37.2	-6.84	3.99	127.18	29.14
EBIT, 3 Yr. CAGR %	35.46	-7.72	3.15	127.2	29.5
Earnings From Cont. Operations, 3 Yr. CAGR %	174.87	-6.91	19.05	30.78	13.77
Net Income, 3 Yr. CAGR %	80.9	-9.5	23.64	30.76	13.77
Normalized Net Income, 3 Yr. CAGR %	117.54	-12.04	8.33	46.17	34.75
Diluted EPS Before Extra, 3 Yr. CAGR %	175.2	-6.91	19.05	30.76	13.77
Accounts Receivable, 3 Yr. CAGR %	7.23	-1.09	-19.89	2.7	-17.54
Inventory, 3 Yr. CAGR %	43.33	4.07	8.05	10.09	15.59
Net Property, Plant and Equip., 3 Yr. CAGR %	-2.72	-1.34	0.04	0.01	3.58
Total Assets, 3 Yr. CAGR %	21.3	9.33	9.64	13.72	16.75
Tangible Book Value, 3 Yr. CAGR %	-8.73	10.37	39.04	36.64	25.73
Common Equity, 3 Yr. CAGR %	-8.92	9.89	37.72	35.73	25.32
Cash From Operations, 3 Yr. CAGR %	-1.94	75.32	-2.73	73.76	37.68
Capital Expenditures, 3 Yr. CAGR %	58.45	-4.69	68.21	24.09	20.83
Levered Free Cash Flow, 3 Yr. CAGR %	-69.41	31	-11.37	768.37	47.33
Unlevered Free Cash Flow, 3 Yr. CAGR %	-63.99	34.51	-12.97	328.19	46.3
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.06	12.14	0.01	18.95	14.52
Gross Profit, 5 Yr. CAGR %	0.94	6.31	10.9	24.66	19.54
EBITDA, 5 Yr. CAGR %	2.13	14.7	30.22	29.28	29.63
EBITA, 5 Yr. CAGR %	5.13	2.11	46.52	21.37	19.67
EBIT, 5 Yr. CAGR %	7.35	1.11	46.28	19.62	19.19
Earnings From Cont. Operations, 5 Yr. CAGR %	13.91	0.11	101.78	11.75	11.61
Net Income, 5 Yr. CAGR %	13.9	0.11	56.99	9.86	14.18
Normalized Net Income, 5 Yr. CAGR %	35.41	1.89	65.64	18.51	17.78
Diluted EPS Before Extra, 5 Yr. CAGR %	13.9	0.11	101.93	11.74	11.61
Accounts Receivable, 5 Yr. CAGR %	16.23	12.99	-8.55	14.08	-21.32
Inventory, 5 Yr. CAGR %	20.05	-1.03	27.31	16.53	4.11
Net Property, Plant and Equip., 5 Yr. CAGR %	-3.04	-3.23	-2.71	0.37	2.06
Total Assets, 5 Yr. CAGR %	9.01	3.27	15.82	16.37	10.94
Tangible Book Value, 5 Yr. CAGR %	0.16	0.2	8.03	21.82	32.92
Common Equity, 5 Yr. CAGR %	-0.21	-0.2	7.53	21.23	32.02
Cash From Operations, 5 Yr. CAGR %	-11.17	26.23	0.41	55.12	47.52
Capital Expenditures, 5 Yr. CAGR %	24.1	25.21	38.82	12.01	43.47
Levered Free Cash Flow, 5 Yr. CAGR %	-53.71	1.9	-11.9	37.12	13.83
Unlevered Free Cash Flow, 5 Yr. CAGR %	-48.99	2.92	-12.22	39.05	13.6