ELMA.RO · BVB
Electromagnetica: financial statements
Financially weak · see the checkFigures in RON, fiscal years
Revenue and net income
Operating and free cash flow
Margins
Returns
Income statement
| RON | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|
| Revenue | 341M RON | 226M RON | 195M RON | 97.7M RON | 29.3M RON | -70% |
| Operating income | -14.7M RON | 27.1M RON | -34.9M RON | -6.5M RON | -15.9M RON | -144% |
| EBITDA | -6.9M RON | 41.1M RON | -2.5M RON | 3.1M RON | -3.6M RON | -213% |
| Interest expense | 1.1M RON | 1.0M RON | 567K RON | 135K RON | 137K RON | +1% |
| Profit before tax | -15.9M RON | 26.1M RON | -35.5M RON | -6.7M RON | -16.1M RON | -141% |
| Income tax | -661K RON | 1.6M RON | -5.5M RON | 4.3M RON | -3.3M RON | -177% |
| Net income | -15.3M RON | 24.5M RON | -30.0M RON | -11.1M RON | -12.7M RON | -15% |
Cash flow
| RON | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|
| Operating cash flow | -37.4M RON | 29.4M RON | 22.8M RON | 10.9M RON | 17.5M RON | +60% |
| Capital expenditure | 922K RON | 383K RON | 5.2M RON | 1.4M RON | 79.5K RON | -94% |
| Free cash flow | -38.3M RON | 29.0M RON | 17.5M RON | 9.5M RON | 17.4M RON | +84% |
| Depreciation & amortization | 7.8M RON | 13.9M RON | 32.4M RON | 9.7M RON | 12.4M RON | +28% |
Balance sheet
| RON | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|
| Cash | 7.1M RON | 15.4M RON | 30.9M RON | 75.7M RON | 101M RON | +34% |
| Inventory | 22.5M RON | 27.4M RON | 18.8M RON | 7.3M RON | 1.3M RON | -82% |
| Current assets | 97.1M RON | 109M RON | 88.6M RON | 112M RON | 120M RON | +8% |
| Total assets | 452M RON | 453M RON | 405M RON | 440M RON | 353M RON | -20% |
| Current liabilities | 57.2M RON | 34.8M RON | 26.8M RON | 15.7M RON | 8.9M RON | -43% |
| Total liabilities | 86.0M RON | 62.1M RON | 47.7M RON | 46.9M RON | 27.3M RON | -42% |
| Shareholders' equity | 366M RON | 390M RON | 357M RON | 393M RON | 325M RON | -17% |
| Net debt | -7.1M RON | -15.4M RON | -30.9M RON | -75.7M RON | -101M RON | -34% |
Dividend profile
- Paying in a row
- 5+ years
- Raised in a row
- 0 years
- Growth per year
- n/a
- Paid out of profit
- n/a
- Paid out of free cash
- 6.2%
Without share prices EdgeScore shows no dividend yield.
Dividends
| RON | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|
| Dividends paid | 22.5K RON | 11.4K RON | 2.7M RON | 42.1K RON | 6.9K RON | -84% |
| Dividends / net income | — | 0.0% | — | — | — | |
| Dividends / free cash flow | — | 0.0% | 15.5% | 0.4% | 0.0% |
Ratios
| 2021 | 2022 | 2023 | 2024 | 2025 | Last year | |
|---|---|---|---|---|---|---|
| Operating margin | -4.3% | 12.0% | -17.9% | -6.7% | -54.5% | |
| Net margin | -4.5% | 10.8% | -15.4% | -11.3% | -43.3% | |
| Return on equity | -4.2% | 6.3% | -8.4% | -2.8% | -3.9% | |
| Return on assets | -3.4% | 5.4% | -7.4% | -2.5% | -3.6% | |
| Return on invested capital | -3.9% | 6.9% | -8.4% | -1.6% | -4.7% | |
| Net debt / EBITDA | — | -0.4x | — | -24.1x | — | |
| Interest coverage | -12.9x | 25.8x | -61.5x | -48.4x | -116.6x | |
| Current ratio | 1.70 | 3.14 | 3.31 | 7.11 | 13.52 | |
| Quick ratio | 1.30 | 2.36 | 2.61 | 6.64 | 13.37 |
Data source: Bucharest Stock Exchange (ESEF), company annual reports. Lines a company does not report are left empty. Free cash flow is operating cash flow minus capital expenditure. Ratios use the same formulas as the EdgeScore check.
For information and education only. Not investment advice. Data may contain errors.