Cash flow TRACTIAL Euronext Paris

Stocks

ALTRA

FR0000035305

IT Services & Consulting

Market Closed - Euronext Paris 16:55:00 29/09/2026 BST			5-day change	1st Jan Change
2.775 ^EUR	-3.31%		-6.25%	-21.16%

05-28	TRACTIAL Group Launches First Embedded Finance Pilot Integrating Payment Services	CI
05-11	Tractial S.A. Reports Consolidated Revenue Results for the Year 2025	CI

1a3692c496a2eafec2c5fd2d7c.ObRILp9h45BRNZCGr_X9fY8G9EKSfqTIi1jpo9NxPww.WO0mR_EIrtE4R8Gw6rStFPY0mBSgO-iQ0RKw5pdEUWUKjH573BKJ6mVU-w

Published financial data: TRACTIAL

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Revenues	1.43M	1.98M	2.04M	2.51M	4.37M
Other Revenues, Total	7K	1K	-	1K	155K
Total Revenues	1.44M	1.98M	2.04M	2.51M	4.53M
Cost of Goods Sold, Total	1.13M	1.39M	1.51M	1.57M	1.43M
Gross Profit	302K	591K	527K	937K	3.1M
Depreciation & Amortization - (IS)	96K	114K	138K	130K	185K
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses	1.26M	1.52M	1.69M	2.11M	3.07M
Other Operating Expenses, Total	1.36M	1.63M	1.83M	2.24M	3.25M
Operating Income	-1.05M	-1.04M	-1.3M	-1.3M	-155K
Interest Expense, Total	-33K	-21K	-31K	-32K	-43K
Interest And Investment Income	-	-	29K	23K	1K
Net Interest Expenses	-33K	-21K	-2K	-9K	-42K
Currency Exchange Gains (Loss)	12K	3K	-2K	-2K	-
Other Non Operating Income (Expenses)	22K	-21K	2K	-1K	-435K
EBT, Excl. Unusual Items	-1.05M	-1.08M	-1.31M	-1.32M	-632K
Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-5K	-19K	-19K
Gain (Loss) On Sale Of Investments	9K	-	-	-	-
Asset Writedown	-	-	-	-	-
Legal Settlements	141K	-	-	-	-
Other Unusual Items	379K	177K	-4K	1.2M	-
EBT, Incl. Unusual Items	-523K	-904K	-1.32M	-135K	-651K
Income Tax Expense	-	-326K	-3K	-9K	-58K
Earnings From Continuing Operations	-523K	-578K	-1.31M	-126K	-593K
Extraordinary Item & Accounting Change	-	-	-	-	-
Net Income to Company	-523K	-578K	-1.31M	-126K	-593K
Minority Interest	16K	22K	-6K	19K	-5K
Net Income - (IS)	-507K	-556K	-1.32M	-107K	-598K
Net Income to Common Incl Extra Items	-507K	-556K	-1.32M	-107K	-598K
Net Income to Common Excl. Extra Items	-507K	-556K	-1.32M	-107K	-598K
Per Share Items
Net EPS - Basic	-0.1	-0.11	-0.26	-0.02	-0.11
Basic EPS - Continuing Operations	-0.1	-0.11	-0.26	-0.02	-0.11
Basic Weighted Average Shares Outstanding	5.07M	5.05M	5.17M	5.35M	5.44M
Net EPS - Diluted	-0.1	-0.11	-0.26	-0.02	-0.11
Diluted EPS - Continuing Operations	-0.1	-0.11	-0.26	-0.02	-0.11
Diluted Weighted Average Shares Outstanding	5.07M	5.05M	5.17M	5.35M	5.44M
Normalized Basic EPS	-0.13	-0.13	-0.16	-0.15	-0.07
Normalized Diluted EPS	-0.13	-0.13	-0.16	-0.15	-0.07
Supplemental Items
EBITDA	-971K	-982K	-1.2M	-1.18M	18K
EBITA	-1.02M	-1.03M	-1.26M	-1.24M	-67K
EBIT	-1.05M	-1.04M	-1.3M	-1.3M	-155K
EBITDAR	-854K	-919K	-1.07M	-1.1M	80.54K
Effective Tax Rate - (Ratio)	-	36.06	0.23	6.67	8.91
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-	-	-	-	-50K
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-326K	-3K	-9K	-9K
Normalized Net Income	-642K	-654K	-822K	-804K	-400K
Non-Cash Pension Expense	6.93M	46.99M	47.08M	43.91M	10.3M
Supplemental Operating Expense Items
Net Rental Expense, Total	117K	62.54K	126K	79.55K	62.54K
Imputed Operating Lease Interest Expense	41.93K	15.26K	56.52K	24.64K	10.26K
Imputed Operating Lease Depreciation	75.2K	47.28K	69.85K	54.91K	52.28K

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Cash And Equivalents	2.64M	2.06M	1.12M	681K	3.05M
Total Cash And Short Term Investments	2.64M	2.06M	1.12M	681K	3.05M
Accounts Receivable, Total	169K	101K	163K	143K	301K
Other Receivables	475K	535K	565K	1.45M	921K
Total Receivables	644K	636K	728K	1.6M	1.22M
Inventory	265K	293K	343K	266K	237K
Prepaid Expenses	36K	42K	16K	19K	18K
Deferred Tax Assets Current	33K	45K	48K	57K	66K
Other Current Assets, Total	6K	5K	52K	9K	3K
Total Current Assets	3.63M	3.08M	2.31M	2.63M	4.59M
Gross Property Plant And Equipment	1.45M	2.63M	1.68M	1.69M	1.82M
Accumulated Depreciation	-1.15M	-1.16M	-910K	-980K	-1.06M
Net Property Plant And Equipment	297K	1.47M	773K	711K	753K
Long-term Investments	189K	83K	3K	3K	3K
Goodwill	255K	255K	441K	422K	148K
Other Intangibles, Total	95K	173K	251K	609K	780K
Deferred Charges Long-Term	2K	1K	1K	0	-
Other Long-Term Assets, Total	-1K	256K	353K	363K	37K
Total Assets	4.46M	5.32M	4.13M	4.74M	6.32M
Liabilities
Accounts Payable, Total	438K	535K	635K	664K	540K
Accrued Expenses, Total	106K	-	151K	171K	159K
Short-term Borrowings	1K	3K	4K	13K	3K
Current Portion of Long-Term Debt	32K	149K	197K	160K	11K
Current Income Taxes Payable	31K	-	46K	156K	177K
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	437K	791K	759K	604K	816K
Total Current Liabilities	1.04M	1.48M	1.79M	1.77M	1.71M
Long-Term Debt	703K	489K	267K	1.01M	2.99M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	246K	218K	145K	161K	172K
Total Liabilities	1.99M	2.18M	2.2M	2.94M	4.87M
Common Stock, Total	4.95M	5.15M	5.19M	5.19M	5.27M
Additional Paid In Capital	1.65M	1.75M	1.82M	1.82M	1.86M
Retained Earnings	-507K	-556K	-1.32M	-107K	-598K
Comprehensive Income and Other	-3.64M	-3.21M	-3.73M	-5.05M	-5.06M
Total Common Equity	2.45M	3.14M	1.96M	1.85M	1.47M
Minority Interest	18K	3K	-31K	-56K	-27K
Total Equity	2.47M	3.14M	1.93M	1.8M	1.44M
Total Liabilities And Equity	4.46M	5.32M	4.13M	4.74M	6.32M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.15M	5.15M	5.19M	5.19M	5.27M
ECS Total Common Shares Outstanding	4.95M	5.15M	5.19M	5.19M	5.27M
Book Value / Share	0.5	0.61	0.38	0.36	0.28
Tangible Book Value	2.1M	2.71M	1.27M	820K	542K
Tangible Book Value Per Share	0.42	0.53	0.24	0.16	0.1
Total Debt	736K	641K	468K	1.18M	3.01M
Net Debt	-1.91M	-1.42M	-654K	504K	-40K
Debt Equivalent of Unfunded Proj. Benefit Obligation	42.58M	46.99M	47.08M	43.91M	54.21M
Debt Equivalent Oper. Leases	937K	500K	1.01M	636K	500K
Minority Interest, Total (Incl. Fin. Div)	18K	3K	-31K	-56K	-27K
Equity Method Investments, Total	-	80K	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	265K	293K	343K	266K	237K
Land - (BS)	-	313K	175K	175K	175K
Buildings, Total	1.04M	1.9M	1.08M	1.08M	1.08M
Machinery, Total	21K	21K	21K	21K	21K
Full Time Employees	12	16	25	28	25
Accumulated Allowance for Doubtful Accounts (Supple)	142K	129K	6K	7K	3K

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	-507K	-556K	-1.32M	-107K	-598K
Depreciation & Amortization - CF	45K	45K	64K	70K	85K
Amortization of Goodwill and Intangible Assets - (CF)	37K	15K	45K	59K	88K
Depreciation & Amortization, Total	82K	60K	109K	129K	173K
Amortization of Deferred Charges, Total - (CF)	-	-	1K	1K	-
(Gain) Loss From Sale Of Asset	-240K	-144K	-12K	-	-
Asset Writedown & Restructuring Costs	18K	24K	66K	33K	465K
(Income) Loss On Equity Investments - (CF)	-	-31K	-	-	-
Other Operating Activities, Total	-14K	-349K	3K	-27K	-3K
Change In Accounts Receivable	-396K	19K	-98K	-879K	150K
Change In Inventories	33K	-28K	-50K	78K	29K
Change In Accounts Payable	-	-	-	-	-
Change in Other Net Operating Assets	-995K	243K	193K	54K	458K
Cash from Operations	-2.02M	-762K	-1.11M	-718K	674K
Capital Expenditure	-192K	-186K	-499K	-450K	-142K
Sale of Property, Plant, and Equipment	516K	160K	753K	16K	327K
Cash Acquisitions	-	-4K	-12K	4K	-
Divestitures	50K	-	-	-	-
Other Investing Activities, Total	-	-	-1K	-	-
Cash from Investing	374K	-30K	241K	-430K	185K
Long-Term Debt Issued, Total	-	-	-	900K	2.01M
Total Debt Issued	-	-	-	900K	2.01M
Long-Term Debt Repaid, Total	-4K	-96K	-174K	-191K	-179K
Total Debt Repaid	-4K	-96K	-174K	-191K	-179K
Issuance of Common Stock	881K	304K	99K	-	120K
Repurchase of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-	-	-	-10K	-
Cash from Financing	877K	208K	-75K	699K	1.95M
Miscellaneous Cash Flow Adjustments	-	-	-1K	-1K	-
Net Change in Cash	-768K	-584K	-941K	-450K	2.81M
Supplemental Items
Levered Free Cash Flow	-2.15M	-513K	-1.12M	-1.91M	405K
Unlevered Free Cash Flow	-2.13M	-500K	-1.1M	-1.89M	432K
Change In Net Working Capital	1.36M	-277K	-99K	756K	-498K
Net Debt Issued / Repaid	-4K	-96K	-174K	709K	1.83M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	-13.32	-13.3	-17.24	-18.38	-1.75
Return on Total Capital	-21.72	-18.64	-26.39	-30.33	-2.61
Return On Equity %	-22.82	-20.6	-51.79	-6.77	-36.63
Return on Common Equity	-22.37	-19.89	-51.74	-5.62	-36.01
Margin Analysis
Gross Profit Margin %	21.05	29.85	25.86	37.38	68.47
EBITDA Margin %	-67.67	-49.6	-58.64	-46.87	0.4
EBITA Margin %	-70.8	-51.87	-61.78	-49.66	-1.48
EBIT Margin %	-73.38	-52.63	-63.98	-52.01	-3.42
Income From Continuing Operations Margin %	-36.45	-29.19	-64.38	-5.03	-13.1
Net Income Margin %	-35.33	-28.08	-64.67	-4.27	-13.21
Net Avail. For Common Margin %	-35.33	-28.08	-64.67	-4.27	-13.21
Normalized Net Income Margin	-44.7	-33.01	-40.35	-32.05	-8.84
Levered Free Cash Flow Margin	-149.6	-25.93	-55.17	-76.23	8.95
Unlevered Free Cash Flow Margin	-148.16	-25.27	-54.22	-75.43	9.55
Asset Turnover
Asset Turnover	0.29	0.4	0.43	0.57	0.82
Fixed Assets Turnover	5	2.24	1.81	3.38	6.18
Receivables Turnover (Average Receivables)	11.42	14.66	15.44	16.38	19.69
Inventory Turnover (Average Inventory)	4.02	4.98	4.75	5.16	5.67
Short Term Liquidity
Current Ratio	3.47	2.09	1.29	1.49	2.69
Quick Ratio	3.15	1.83	1.03	1.29	2.5
Operating Cash Flow to Current Liabilities	-1.93	-0.52	-0.62	-0.41	0.4
Days Sales Outstanding (Average Receivables)	31.95	24.9	23.64	22.35	18.54
Days Outstanding Inventory (Average Inventory)	90.69	73.31	76.82	70.99	64.33
Average Days Payable Outstanding	143.01	125.32	136.79	159.22	157.17
Cash Conversion Cycle (Average Days)	-20.38	-27.1	-36.33	-65.89	-74.31
Long Term Solvency
Total Debt/Equity	29.79	20.41	24.29	66.02	208.45
Total Debt / Total Capital	22.95	16.95	19.54	39.77	67.58
LT Debt/Equity	28.45	15.57	13.86	56.38	207.48
Long-Term Debt / Total Capital	21.92	12.93	11.15	33.96	67.27
Total Liabilities / Total Assets	44.66	41.03	53.35	62.1	77.15
EBIT / Interest Expense	-31.91	-49.62	-42.06	-40.75	-3.6
EBITDA / Interest Expense	-29.42	-46.76	-38.55	-36.72	0.42
(EBITDA - Capex) / Interest Expense	-35.24	-55.62	-54.65	-50.78	-2.88
Total Debt / EBITDA	-0.76	-0.65	-0.39	-1.01	167.11
Net Debt / EBITDA	1.96	1.45	0.55	-0.43	-2.22
Total Debt / (EBITDA - Capex)	-0.63	-0.55	-0.28	-0.73	-24.26
Net Debt / (EBITDA - Capex)	1.64	1.22	0.39	-0.31	0.32
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-15.74	37.98	2.93	23.01	80.53
Gross Profit, 1 Yr. Growth %	-51.99	95.7	-10.83	77.8	230.74
EBITDA, 1 Yr. Growth %	244.33	3.04	24.74	-1.67	-101.53
EBITA, 1 Yr. Growth %	20.38	-2.47	20.83	-4.52	-94.86
EBIT, 1 Yr. Growth %	24.76	-1.04	25.14	0	-88.11
Earnings From Cont. Operations, 1 Yr. Growth %	43.68	10.52	126.99	-90.4	370.63
Net Income, 1 Yr. Growth %	39.29	9.66	137.05	-91.88	458.88
Normalized Net Income, 1 Yr. Growth %	19.63	1.89	25.8	-2.28	-50.22
Diluted EPS Before Extra, 1 Yr. Growth %	17.65	10	131.82	-92.16	450
Accounts Receivable, 1 Yr. Growth %	108.64	-40.24	61.39	-12.27	110.49
Inventory, 1 Yr. Growth %	-11.07	10.57	17.06	-22.45	-10.9
Net Property, Plant and Equip., 1 Yr. Growth %	7.22	396.3	-47.56	-8.02	5.91
Total Assets, 1 Yr. Growth %	-17.56	19.26	-22.42	14.65	33.34
Tangible Book Value, 1 Yr. Growth %	29.98	28.82	-53.27	-35.23	-33.9
Common Equity, 1 Yr. Growth %	17.93	27.88	-37.58	-5.46	-20.58
Cash From Operations, 1 Yr. Growth %	131.27	-62.26	45.14	-35.08	-193.87
Capital Expenditures, 1 Yr. Growth %	38.13	-3.12	168.28	-9.82	-68.44
Levered Free Cash Flow, 1 Yr. Growth %	86.03	-75.88	130.05	54.82	-119.86
Unlevered Free Cash Flow, 1 Yr. Growth %	85.44	-76.27	132.02	55.64	-121.38
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-55.18	7.83	19.17	12.52	49.02
Gross Profit, 2 Yr. CAGR %	-76.84	-3.07	32.1	25.91	142.5
EBITDA, 2 Yr. CAGR %	-24.18	86.61	11.98	10.75	-87.73
EBITA, 2 Yr. CAGR %	-6.65	10.31	9.34	9.31	-77.33
EBIT, 2 Yr. CAGR %	-4.97	11.11	11.28	11.87	-65.52
Earnings From Cont. Operations, 2 Yr. CAGR %	-24.6	26.01	58.39	-53.31	-32.77
Net Income, 2 Yr. CAGR %	-25.76	23.59	61.23	-56.13	-32.64
Normalized Net Income, 2 Yr. CAGR %	-6.66	10.4	13.21	10.87	-30.25
Diluted EPS Before Extra, 2 Yr. CAGR %	-29.29	13.76	59.69	-57.36	-34.32
Accounts Receivable, 2 Yr. CAGR %	-16.26	11.67	-1.79	18.99	35.89
Inventory, 2 Yr. CAGR %	-13.11	-0.84	13.77	-4.72	-16.88
Net Property, Plant and Equip., 2 Yr. CAGR %	-8.14	130.68	61.33	-30.55	-1.3
Total Assets, 2 Yr. CAGR %	-19.89	-0.84	-3.81	-5.69	23.64
Tangible Book Value, 2 Yr. CAGR %	4.2	29.39	-22.41	-44.98	-34.57
Common Equity, 2 Yr. CAGR %	0.18	22.81	-10.66	-23.18	-13.35
Cash From Operations, 2 Yr. CAGR %	-18.78	-6.57	-25.99	-2.93	-21.94
Capital Expenditures, 2 Yr. CAGR %	32.12	15.68	61.21	55.54	-46.66
Levered Free Cash Flow, 2 Yr. CAGR %	-19.16	-33.3	-27.32	97.74	-42.7
Unlevered Free Cash Flow, 2 Yr. CAGR %	-19.03	-33.94	-27.6	99.26	-40.36
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-35.75	-34.8	6.17	20.44	31.73
Gross Profit, 3 Yr. CAGR %	-56.94	-52.83	-5.73	45.85	73.73
EBITDA, 3 Yr. CAGR %	-5.07	-16.54	61.82	7.23	-73.42
EBITA, 3 Yr. CAGR %	15.99	-4.14	14.26	5.74	-59.94
EBIT, 3 Yr. CAGR %	17.39	-3.68	15.61	7.39	-47.01
Earnings From Cont. Operations, 3 Yr. CAGR %	-14.58	-14.35	53.32	-37.78	0.86
Net Income, 3 Yr. CAGR %	5.73	-15.45	53.56	-40.46	2.46
Normalized Net Income, 3 Yr. CAGR %	16.33	-3.89	15.31	7.79	-15.1
Diluted EPS Before Extra, 3 Yr. CAGR %	-18.66	-18.07	44.22	-41.52	0
Accounts Receivable, 3 Yr. CAGR %	-34.08	-25.17	26.25	-5.42	43.91
Inventory, 3 Yr. CAGR %	-3.07	-5.84	4.8	0.13	-6.83
Net Property, Plant and Equip., 3 Yr. CAGR %	-11.67	61.18	40.79	33.77	-20.06
Total Assets, 3 Yr. CAGR %	-25.29	-8.53	-8.63	1.98	5.85
Tangible Book Value, 3 Yr. CAGR %	39.9	11.83	-7.85	-26.94	-41.51
Common Equity, 3 Yr. CAGR %	13.65	8.68	-1.99	-8.96	-22.33
Cash From Operations, 3 Yr. CAGR %	-27.22	-37.09	8.2	-29.15	-4.01
Capital Expenditures, 3 Yr. CAGR %	-4.29	19.14	53.12	32.83	-8.6
Levered Free Cash Flow, 3 Yr. CAGR %	-25.66	-46.14	-0.86	-3.53	-6.05
Unlevered Free Cash Flow, 3 Yr. CAGR %	-25.9	-46.37	-1.22	-3.56	-3.19
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-25.86	-18.85	-17.74	-18.9	21.59
Gross Profit, 5 Yr. CAGR %	-38.2	-27.33	-32.58	-30.14	37.57
EBITDA, 5 Yr. CAGR %	-8.8	6.46	1.04	-7	-42.32
EBITA, 5 Yr. CAGR %	-11.26	1.74	14.1	1.32	-39.75
EBIT, 5 Yr. CAGR %	-10.63	2.02	14.91	2.26	-28.75
Earnings From Cont. Operations, 5 Yr. CAGR %	-22.33	-14.89	9.35	-32.81	10.25
Net Income, 5 Yr. CAGR %	-22.81	-15.54	25.17	-34.97	10.44
Normalized Net Income, 5 Yr. CAGR %	-10.59	-0.59	15.07	1.76	-5.69
Diluted EPS Before Extra, 5 Yr. CAGR %	-24.4	-17.34	6.54	-36.9	5.29
Accounts Receivable, 5 Yr. CAGR %	-30.95	-30.48	-22.68	-9.91	30.02
Inventory, 5 Yr. CAGR %	-7.39	-1.93	3.34	-5.39	-4.48
Net Property, Plant and Equip., 5 Yr. CAGR %	-10.67	21.88	12.39	15.1	22.14
Total Assets, 5 Yr. CAGR %	-7.36	1.72	-17.34	-7.4	3.12
Tangible Book Value, 5 Yr. CAGR %	3.89	60.29	10.51	-15.8	-19.65
Common Equity, 5 Yr. CAGR %	-0.61	20.36	3.22	-5.41	-6.71
Cash From Operations, 5 Yr. CAGR %	6.17	41.57	-26.73	-25.17	-5.04
Capital Expenditures, 5 Yr. CAGR %	-15.51	-20.18	17.9	32.55	0.43
Levered Free Cash Flow, 5 Yr. CAGR %	9.26	46.58	-26.45	-10.27	-18.88
Unlevered Free Cash Flow, 5 Yr. CAGR %	9.13	87.43	-26.71	-10.23	-17.73