Cash flow Shelly Group SE

Stocks

SLYG

BG1100003166

Phones & Handheld Devices

End-of-day quote Bulgaria S.E. Other stock markets 10/07/2026			5-day change	1st Jan Change
58.00 ^EUR	+0.35%		-1.19%	+1.75%

06-30	Shelly Group Se Approves Dividend	CI
06-02	Shelly Group SE - Shareholder/Analyst Call

7985300267ac0f.bQ0_BNrWsYQBXB0_etWmmiyHYh9VZ2q1aFDswK1HJqQ.DjxIQ5i38OxeKUdwV-Pwo3O_GmY2U1jwCjmNk-kDUOcAVWZRoKXg0SwlKQ

Published financial data: SHELLY GROUP SE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	59.51M	93.18M	147M	209M	293M
Total Revenues	59.51M	93.18M	147M	209M	293M
Cost of Goods Sold, Total	26.72M	46.33M	63.5M	84.85M	124M
Gross Profit	32.79M	46.85M	83.04M	124M	169M
Selling General & Admin Expenses, Total	14.87M	24.42M	37.5M	75.16M	99.19M
Provision for Bad Debts	97K	1.88M	1.52M	-	653K
Other Operating Expenses	147K	630K	5.34M	-337K	8.31M
Other Operating Expenses, Total	15.11M	26.93M	44.36M	74.82M	108M
Operating Income	17.68M	19.92M	38.69M	49.03M	60.99M
Interest Expense, Total	-109K	-122K	-96K	-206K	-707K
Interest And Investment Income	8K	-	18K	20K	123K
Net Interest Expenses	-101K	-122K	-78K	-186K	-584K
Income (Loss) On Equity Invest.	32K	118K	49K	-25K	-42K
Currency Exchange Gains (Loss)	866K	734K	-622K	1.41M	-3.65M
Other Non Operating Income (Expenses)	-45K	-77K	-28K	-57K	-11K
EBT, Excl. Unusual Items	18.43M	20.57M	38.01M	50.17M	56.7M
Impairment of Goodwill	-	-	-34K	-	-
Gain (Loss) On Sale Of Investments	250K	-119K	1.44M	-	-
Gain (Loss) On Sale Of Assets	-23K	-	-1.19M	-	36K
Asset Writedown	-	-263K	294K	-	-
Insurance Settlements	26K	-	-	44K	60K
Other Unusual Items	40K	39K	-981K	92K	-
EBT, Incl. Unusual Items	18.72M	20.23M	37.53M	50.3M	56.79M
Income Tax Expense	2.76M	2.8M	4.58M	6.8M	7.22M
Earnings From Continuing Operations	15.96M	17.43M	32.95M	43.51M	49.57M
Earnings Of Discontinued Operations	-	-	-	1.24M	-
Net Income to Company	15.96M	17.43M	32.95M	44.75M	49.57M
Minority Interest	-	-	644K	186K	-501K
Net Income - (IS)	15.96M	17.43M	33.59M	44.93M	49.07M
Net Income to Common Incl Extra Items	15.96M	17.43M	33.59M	44.93M	49.07M
Net Income to Common Excl. Extra Items	15.96M	17.43M	33.59M	43.69M	49.07M
Per Share Items
Net EPS - Basic	0.89	0.97	1.87	2.49	2.71
Basic EPS - Continuing Operations	0.89	0.97	1.87	2.42	2.71
Basic Weighted Average Shares Outstanding	18M	17.98M	18M	18.08M	18.12M
Net EPS - Diluted	0.89	0.97	1.87	2.49	2.71
Diluted EPS - Continuing Operations	0.89	0.97	1.87	2.42	2.71
Diluted Weighted Average Shares Outstanding	18M	17.98M	18M	18.08M	18.12M
Normalized Basic EPS	0.64	0.72	1.36	1.74	1.93
Normalized Diluted EPS	0.64	0.72	1.36	1.74	1.93
Dividend Per Share	0.1	0.25	0.25	-	0.25
Payout Ratio	21.53	10.33	13.4	10.21	9.38
Supplemental Items
EBITDA	18.68M	20.81M	39.64M	50.63M	63.42M
EBITA	18.14M	20.46M	39.28M	50.14M	62.81M
EBIT	17.68M	19.92M	38.69M	49.03M	60.99M
Effective Tax Rate - (Ratio)	14.74	13.83	12.22	13.52	12.72
Total Current Taxes	2.35M	3.02M	5.21M	6.18M	10.18M
Total Deferred Taxes	413K	-220K	-624K	622K	-2.96M
Normalized Net Income	11.52M	12.86M	24.4M	31.54M	34.94M
Interest on Long-Term Debt	2K	4K	4K	32K	305K
Non-Cash Pension Expense	-	1K	0	-	10K
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	30.79M	29.18M
Selling and Marketing Expenses	2.7M	3.98M	10.17M	38.97M	39.84M
General and Administrative Expenses	12.17M	20.44M	27.33M	36.2M	59.35M
Research And Development Expense From Footnotes	-	-	-	832K	1.33M
Maintenance & Repair Expenses, Total	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	14.44M
Total Stock-Based Compensation	-	-	-	-	14.44M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	30.54M	28.15M	30.78M	27.35M	26.85M
Total Cash And Short Term Investments	30.54M	28.15M	30.78M	27.35M	26.85M
Accounts Receivable, Total	12.4M	21.65M	52.28M	70.13M	154M
Other Receivables	1.86M	3.52M	6.14M	5.32M	906K
Notes Receivable	-	-	550K	-	-
Total Receivables	14.27M	25.16M	58.97M	75.45M	155M
Inventory	7.56M	23M	18.27M	45.56M	38.15M
Prepaid Expenses	234K	512K	338K	942K	1.2M
Other Current Assets, Total	6.81M	279K	112K	622K	825K
Total Current Assets	59.41M	77.11M	108M	150M	222M
Gross Property Plant And Equipment	6.72M	7.26M	8.73M	16.24M	17.69M
Accumulated Depreciation	-1.82M	-2.31M	-2.93M	-3.02M	-5.23M
Net Property Plant And Equipment	4.91M	4.95M	5.8M	13.23M	12.46M
Long-term Investments	2.66M	988K	403K	160K	118K
Goodwill	160K	160K	3.51M	3.64M	3.64M
Other Intangibles, Total	3.12M	4.22M	7.55M	13.36M	19.29M
Accounts Receivable Long-Term	2.05M	1.03M	1.03M	-	-
Deferred Tax Assets Long-Term	72K	348K	926K	303K	3.32M
Other Long-Term Assets, Total	19K	-	-	-	-
Total Assets	72.4M	88.8M	128M	181M	261M
Liabilities
Accounts Payable, Total	931K	1.8M	3.78M	9.39M	16.93M
Accrued Expenses, Total	1.25M	3.58M	6.35M	6.27M	10.44M
Short-term Borrowings	-	150K	201K	305K	814K
Current Portion of Long-Term Debt	572K	518K	469K	519K	5.78M
Current Portion of Leases	58K	161K	216K	1.36M	1.6M
Current Income Taxes Payable	354K	530K	649K	1.27M	2.72M
Unearned Revenue Current, Total	556K	130K	329K	433K	893K
Other Current Liabilities	1.03M	1.1M	4.43M	2.15M	2.02M
Total Current Liabilities	4.75M	7.97M	16.42M	21.7M	41.2M
Long-Term Debt	2.01M	1.49M	1.02M	-	-
Long-Term Leases	80K	157K	369K	9.9M	9.28M
Pension & Other Post Retirement Benefits	-	112K	271K	327K	489K
Other Non Current Liabilities	-	-	-	-	318K
Total Liabilities	6.83M	9.73M	18.08M	31.93M	51.28M
Common Stock, Total	18M	18M	18.05M	18.11M	18.16M
Additional Paid In Capital	5.4M	5.4M	5.4M	5.4M	5.4M
Retained Earnings	41.19M	56.92M	85.97M	125M	170M
Treasury Stock	-	-780K	-	-	-
Comprehensive Income and Other	975K	-468K	956K	434K	16.09M
Total Common Equity	65.57M	79.07M	110M	149M	209M
Minority Interest	-	-	-776K	-530K	-49K
Total Equity	65.57M	79.07M	110M	149M	209M
Total Liabilities And Equity	72.4M	88.8M	128M	181M	261M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	18M	17.96M	18.05M	18.11M	18.16M
ECS Total Common Shares Outstanding	18M	17.96M	18.05M	18.11M	18.16M
Book Value / Share	3.64	4.4	6.11	8.24	11.53
Tangible Book Value	62.3M	74.69M	99.32M	132M	186M
Tangible Book Value Per Share	3.46	4.16	5.5	7.3	10.27
Total Debt	2.72M	2.47M	2.27M	12.08M	17.47M
Net Debt	-27.82M	-25.67M	-28.5M	-15.27M	-9.38M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	112K	271K	-	-
Minority Interest, Total (Incl. Fin. Div)	-	-	-776K	-530K	-49K
Equity Method Investments, Total	40K	158K	403K	160K	118K
Account Code - Inventory Valuation	5	6	6	6	6
Inventories - Raw Materials, Total	454K	312K	22K	6.21M	6.37M
Inventories - Finished Goods, Total	7.11M	22.69M	18.25M	39.34M	31.78M
Land - (BS)	1.48M	1.48M	1.48M	-	-
Buildings, Total	3.03M	3.09M	3.09M	314K	-
Machinery, Total	1.55M	1.87M	2.63M	2.86M	2.85M
Full Time Employees	102	152	195	277	325
Accumulated Allowance for Doubtful Accounts (Supple)	237K	526K	2.04M	336K	1.49M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	15.96M	17.43M	33.59M	44.93M	49.07M
Depreciation & Amortization - CF	584K	418K	558K	872K	2.17M
Amortization of Goodwill and Intangible Assets - (CF)	467K	542K	593K	1.11M	1.82M
Depreciation & Amortization, Total	1.05M	960K	1.15M	1.98M	3.99M
Amortization of Deferred Charges, Total - (CF)	17K	68K	51K	7K	15K
Other Operating Activities, Total	-8.9M	-18.19M	-19.77M	-41.55M	-42.09M
Change In Accounts Receivable	-	-	-	-	-
Change In Accounts Payable	-	-	-	-	-
Cash from Operations	8.12M	271K	15.02M	5.38M	10.99M
Capital Expenditure	-1.58M	-2.18M	-4.76M	-7.61M	-8.6M
Sale of Property, Plant, and Equipment	44K	-	84K	-	97K
Investment in Marketable and Equity Securities, Total	2.04M	2.67M	-2.99M	3.52M	1.2M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-548K	548K	-
Other Investing Activities, Total	-	-	149K	-	-
Cash from Investing	497K	492K	-8.07M	-3.54M	-7.31M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	-	263K	2.1M	12.05M
Total Debt Issued	-	-	263K	2.1M	12.05M
Long-Term Debt Repaid, Total	-577K	-614K	-1.02M	-2.74M	-9M
Total Debt Repaid	-577K	-614K	-1.02M	-2.74M	-9M
Issuance of Common Stock	-	-	1.12M	55K	52K
Repurchase of Common Stock	-	-780K	-	-	-
Common Dividends Paid	-3.44M	-1.8M	-4.5M	-4.59M	-4.6M
Common & Preferred Stock Dividends Paid	-3.44M	-1.8M	-4.5M	-4.59M	-4.6M
Other Financing Activities, Total	-118K	-132K	-69K	-68K	-273K
Cash from Financing	-4.13M	-3.33M	-4.22M	-5.24M	-1.77M
Foreign Exchange Rate Adjustments	-	170K	-112K	-13K	-2.5M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	4.49M	-2.39M	2.63M	-3.42M	-587K
Supplemental Items
Cash Interest Paid	73K	61K	57K	15K	106K
Cash Income Tax Paid (Refund)	2.09M	2.66M	5.08M	5.31M	13.27M
Levered Free Cash Flow	1.03M	-5.91M	217K	-15.99M	-11.44M
Unlevered Free Cash Flow	1.09M	-5.83M	277K	-15.87M	-11M
Change In Net Working Capital	9.44M	17.13M	20.34M	40.89M	58.96M
Net Debt Issued / Repaid	-577K	-614K	-762K	-640K	3.05M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	16	15.45	22.34	19.88	17.28
Return on Total Capital	17.23	16.63	25	22.47	19.67
Return On Equity %	26.08	24.12	34.93	33.69	27.69
Return on Common Equity	26.02	24.12	35.46	33.66	27.37
Margin Analysis
Gross Profit Margin %	55.1	50.28	56.67	59.35	57.75
SG&A Margin	24.98	26.2	25.59	36.01	33.87
EBITDA Margin %	31.4	22.33	27.05	24.26	21.66
EBITA Margin %	30.49	21.96	26.81	24.03	21.44
EBIT Margin %	29.7	21.38	26.4	23.49	20.82
Income From Continuing Operations Margin %	26.82	18.71	22.48	20.85	16.93
Net Income Margin %	26.82	18.71	22.92	21.53	16.75
Net Avail. For Common Margin %	26.82	18.71	22.92	20.93	16.75
Normalized Net Income Margin	19.36	13.8	16.65	15.11	11.93
Levered Free Cash Flow Margin	1.72	-6.34	0.15	-7.66	-3.91
Unlevered Free Cash Flow Margin	1.84	-6.26	0.19	-7.6	-3.76
Asset Turnover
Asset Turnover	0.86	1.16	1.35	1.35	1.33
Fixed Assets Turnover	11.89	18.91	27.28	21.94	22.8
Receivables Turnover (Average Receivables)	5.68	4.57	3.96	3.41	2.62
Inventory Turnover (Average Inventory)	4.76	3.03	3.08	2.66	2.96
Short Term Liquidity
Current Ratio	12.52	9.68	6.61	6.91	5.38
Quick Ratio	9.44	6.69	5.43	4.74	4.41
Operating Cash Flow to Current Liabilities	1.71	0.03	0.91	0.25	0.27
Days Sales Outstanding (Average Receivables)	64.26	79.94	92.07	107.33	139.57
Days Outstanding Inventory (Average Inventory)	76.63	120.4	118.63	137.67	123.48
Average Days Payable Outstanding	13.81	8.27	17.33	21.5	41.3
Cash Conversion Cycle (Average Days)	127.08	192.07	193.37	223.5	221.75
Long Term Solvency
Total Debt/Equity	4.14	3.13	2.07	8.13	8.35
Total Debt / Total Capital	3.98	3.03	2.03	7.52	7.7
LT Debt/Equity	3.18	2.08	1.27	6.66	4.43
Long-Term Debt / Total Capital	3.06	2.02	1.24	6.16	4.09
Total Liabilities / Total Assets	9.44	10.95	14.16	17.68	19.68
EBIT / Interest Expense	162.17	163.28	403	238.01	86.26
EBITDA / Interest Expense	171.82	171.15	414.99	247.64	91.91
(EBITDA - Capex) / Interest Expense	157.29	153.31	365.35	210.7	79.74
Total Debt / EBITDA	0.15	0.12	0.06	0.24	0.27
Net Debt / EBITDA	-1.49	-1.23	-0.72	-0.3	-0.14
Total Debt / (EBITDA - Capex)	0.16	0.13	0.06	0.28	0.31
Net Debt / (EBITDA - Capex)	-1.62	-1.37	-0.81	-0.35	-0.17
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	28.41	56.58	57.27	42.42	40.33
Gross Profit, 1 Yr. Growth %	51.13	42.9	77.25	49.14	36.56
EBITDA, 1 Yr. Growth %	37.95	11.63	92.97	22.22	25.27
EBITA, 1 Yr. Growth %	39.87	13.06	94.47	22.12	25.26
EBIT, 1 Yr. Growth %	40.27	12.98	96.82	21.16	24.38
Earnings From Cont. Operations, 1 Yr. Growth %	18.78	9.7	89	32.04	13.94
Net Income, 1 Yr. Growth %	26.95	9.7	92.7	33.76	9.2
Normalized Net Income, 1 Yr. Growth %	45.84	11.9	91.1	23.63	10.76
Diluted EPS Before Extra, 1 Yr. Growth %	-8.02	9.82	92.44	29.5	12.08
Accounts Receivable, 1 Yr. Growth %	45.09	12.94	141.51	34.15	119.38
Inventory, 1 Yr. Growth %	106.56	204.26	-20.56	149.32	-16.25
Net Property, Plant and Equip., 1 Yr. Growth %	-3.95	0.88	17.09	128.23	-5.76
Total Assets, 1 Yr. Growth %	10.22	22.64	43.79	41.45	44.3
Tangible Book Value, 1 Yr. Growth %	22.9	20.03	32.97	33.12	41.03
Common Equity, 1 Yr. Growth %	14.77	20.72	39.59	35.18	40.33
Cash From Operations, 1 Yr. Growth %	100.27	-96.67	5.44K	-64.22	104.37
Capital Expenditures, 1 Yr. Growth %	-44.82	37.46	118.98	59.69	13.04
Levered Free Cash Flow, 1 Yr. Growth %	-123.17	-650.09	-103.58	-1.3K	-28.12
Unlevered Free Cash Flow, 1 Yr. Growth %	-125.12	-613.12	-104.62	-1.24K	-30.34
Dividend Per Share, 1 Yr. Growth %	-50	150	1.72	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	33.64	41.8	56.92	49.66	41.37
Gross Profit, 2 Yr. CAGR %	54.74	46.96	59.15	62.59	42.71
EBITDA, 2 Yr. CAGR %	77.93	23.94	45.84	56.98	23.74
EBITA, 2 Yr. CAGR %	83.81	25.59	47.32	57.56	23.68
EBIT, 2 Yr. CAGR %	89.2	25.73	48.13	57.93	22.76
Earnings From Cont. Operations, 2 Yr. CAGR %	47.82	13.9	43.99	57.98	22.66
Net Income, 2 Yr. CAGR %	55.98	17.75	45.39	60.55	20.86
Normalized Net Income, 2 Yr. CAGR %	102.05	27.6	45.72	57.17	17.02
Diluted EPS Before Extra, 2 Yr. CAGR %	29.11	0.27	45.37	57.86	20.48
Accounts Receivable, 2 Yr. CAGR %	51.13	59.12	65.15	79.99	71.55
Inventory, 2 Yr. CAGR %	142.55	150.69	55.47	40.73	44.5
Net Property, Plant and Equip., 2 Yr. CAGR %	2.83	-1.57	8.68	63.48	46.66
Total Assets, 2 Yr. CAGR %	34.72	16.26	32.79	42.61	42.87
Tangible Book Value, 2 Yr. CAGR %	62.12	21.39	26.34	33.04	37.02
Common Equity, 2 Yr. CAGR %	47.32	17.64	29.81	37.37	37.73
Cash From Operations, 2 Yr. CAGR %	13.04	-74.15	35.86	345.39	-14.48
Capital Expenditures, 2 Yr. CAGR %	-5.96	-12.91	73.5	87	34.35
Levered Free Cash Flow, 2 Yr. CAGR %	-37.81	15.48	-55.04	62.33	193.35
Unlevered Free Cash Flow, 2 Yr. CAGR %	-34.99	15.7	-50.62	62.7	181.35
Dividend Per Share, 2 Yr. CAGR %	82.57	11.8	59.47	-	0.82
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	9.86	40.89	46.78	51.93	46.48
Gross Profit, 3 Yr. CAGR %	37	50.69	56.43	55.74	53.41
EBITDA, 3 Yr. CAGR %	70.41	52.2	43.04	39.52	45.61
EBITA, 3 Yr. CAGR %	74.22	56.19	44.67	40.45	45.96
EBIT, 3 Yr. CAGR %	78.27	59.19	45.34	40.62	45.85
Earnings From Cont. Operations, 3 Yr. CAGR %	82.97	33.63	34.85	39.89	41.67
Net Income, 3 Yr. CAGR %	71.56	38.51	38.76	41.41	41.19
Normalized Net Income, 3 Yr. CAGR %	84.02	65.79	45.64	40.02	39.87
Diluted EPS Before Extra, 3 Yr. CAGR %	71.28	22.14	24.61	39.88	40.83
Accounts Receivable, 3 Yr. CAGR %	17.47	58.55	82.86	54.09	92.26
Inventory, 3 Yr. CAGR %	98.68	161.59	70.91	81.98	18.37
Net Property, Plant and Equip., 3 Yr. CAGR %	1.92	2.17	4.3	39.18	36.05
Total Assets, 3 Yr. CAGR %	19.62	30.57	24.8	35.62	43.17
Tangible Book Value, 3 Yr. CAGR %	85.9	46.61	25.13	28.56	35.65
Common Equity, 3 Yr. CAGR %	31.44	37.81	24.55	31.58	38.35
Cash From Operations, 3 Yr. CAGR %	139.42	-65.07	54.71	-12.91	243.53
Capital Expenditures, 3 Yr. CAGR %	-7.31	6.73	18.43	68.76	58.11
Levered Free Cash Flow, 3 Yr. CAGR %	-39.71	30.58	-63.41	146.07	23.53
Unlevered Free Cash Flow, 3 Yr. CAGR %	-38.85	31.07	-60.08	140.82	22.43
Dividend Per Share, 3 Yr. CAGR %	-17.79	102.74	8.34	-	0.55
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.76	18.92	26.7	44.33	44.59
Gross Profit, 5 Yr. CAGR %	28.39	32.49	45.47	55.34	50.79
EBITDA, 5 Yr. CAGR %	59.05	44.12	60.04	53.7	36.17
EBITA, 5 Yr. CAGR %	60.93	45.3	62.84	56.33	37.09
EBIT, 5 Yr. CAGR %	60.59	45.07	65.46	58.26	37.08
Earnings From Cont. Operations, 5 Yr. CAGR %	63.08	45.06	66.1	42.88	29.83
Net Income, 5 Yr. CAGR %	63.53	45.37	60.43	46.93	31.3
Normalized Net Income, 5 Yr. CAGR %	62.9	48.14	67.54	62.06	34.63
Diluted EPS Before Extra, 5 Yr. CAGR %	57.68	40.2	60.25	35.34	22.94
Accounts Receivable, 5 Yr. CAGR %	6.18	13.25	46.86	66.8	78.25
Inventory, 5 Yr. CAGR %	75.28	92.95	80.11	104.14	59.81
Net Property, Plant and Equip., 5 Yr. CAGR %	79.95	2.03	4.57	23.31	19.53
Total Assets, 5 Yr. CAGR %	17.89	17.5	24.73	35.26	31.73
Tangible Book Value, 5 Yr. CAGR %	60.33	60.3	59.25	41.03	29.76
Common Equity, 5 Yr. CAGR %	22.65	24.77	30.76	37.63	29.66
Cash From Operations, 5 Yr. CAGR %	58.63	-27.23	90.94	-3.3	22.05
Capital Expenditures, 5 Yr. CAGR %	0.42	-13.47	19.1	33.57	24.56
Levered Free Cash Flow, 5 Yr. CAGR %	-3.52	15.04	-45.9	43.24	20.91
Unlevered Free Cash Flow, 5 Yr. CAGR %	-2.1	14.98	-43.44	43.71	20.36
Dividend Per Share, 5 Yr. CAGR %	-	-	7.16	-	4.91