Photon Energy N.V. financials
Photon Energy N.V.
Country: NL Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
315700YHFON9RJOPCK19 Financial statements
(EUR, as reported — unscaled; 118 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | €89.9M | €70.6M |
| Other income | €1.6M | €932.0K |
| Employee benefits expense | €18.0M | €18.5M |
| Raw materials & consumables used | €38.0M | €36.9M |
| Depreciation & amortisation | €10.9M | €11.0M |
| Operating profit (EBIT) | -€2.8M | -€5.2M |
| Finance costs | €11.5M | €11.4M |
| Profit before tax | -€13.8M | -€16.3M |
| Income tax expense | -€628.0K | -€552.0K |
| Profit for the year | -€13.2M | -€15.8M |
| — attributable to owners | -€13.1M | -€15.7M |
| — attributable to NCI | -€80.0K | -€66.0K |
| Total comprehensive income | -€9.4M | -€459.0K |
| Per share | ||
| Basic EPS | €-0.22 | €-0.26 |
| Diluted EPS | €-0.22 | €-0.26 |
| Free cash flow / share | €0.12 | €-0.27 |
| Cash flow statement | ||
| Net cash from operating activities | €14.3M | €7.2M |
| Net cash from investing activities | -€1.4M | -€26.7M |
| Purchase of PP&E (capex) | €7.0M | €23.3M |
| Net cash from financing activities | -€10.3M | €14.1M |
| Proceeds from borrowings | €11.4M | €38.7M |
| Repayments of borrowings | €7.9M | €9.9M |
| Lease liability payments | €1.2M | €1.2M |
| Balance sheet | ||
| Total assets | €272.8M | €277.4M |
| Non-current assets | €216.9M | €225.0M |
| Property, plant & equipment | €159.1M | €172.5M |
| Right-of-use assets | €5.4M | €5.0M |
| Intangible assets & goodwill | €15.3M | €15.3M |
| Current assets | €55.9M | €52.4M |
| Inventories | €6.7M | €14.1M |
| Trade & other receivables | €8.9M | €4.9M |
| Cash & equivalents | €8.4M | €5.8M |
| Total equity | €60.1M | €69.5M |
| — attributable to owners | €60.4M | €69.8M |
| Non-controlling interests | -€343.0K | -€263.0K |
| Non-current liabilities | €167.7M | €178.3M |
| Long-term borrowings | €72.2M | €82.1M |
| Lease liabilities (non-current) | €4.5M | €4.2M |
| Current liabilities | €45.1M | €29.6M |
| Current portion of long-term borrowings | €17.9M | €12.9M |
| Lease liabilities (current) | €945.0K | €943.0K |
| Deferred tax liabilities | €10.1M | €11.1M |
| Derived metrics | ||
| Free cash flow | €7.3M | -€16.1M |
| Operating margin | -3.1% | -7.4% |
| Net margin | -14.7% | -22.3% |
| Return on equity | -22.0% | -22.7% |
| Cash conversion ratio | -1.08× | -0.46× |
| Capex coverage | 2.05× | 0.31× |
| Other reported items | ||
| Adjustments For Decrease Increase In Contract Assets | -€949.0K | -€360.0K |
| Adjustments For Decrease Increase In Inventories | €7.3M | €5.9M |
| Adjustments For Decrease Increase In Prepaid Expenses | €13.0K | -€691.0K |
| Adjustments For Decrease Increase In Trade and Other Receivables | -€9.8M | €1.5M |
| Adjustments For Depreciation and Amortisation Expense | €10.9M | €11.0M |
| Adjustments For Finance Income Cost | €10.7M | €11.1M |
| Adjustments For Increase Decrease In Other Liabilities | €843.0K | -€4.9M |
| Adjustments For Increase Decrease In Trade and Other Payables | €9.8M | -€4.0M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -€254.0K | -€217.0K |
| Amounts Payable Related Party Transactions | €272.0K | €0 |
| Bonds Issued | €78.3M | €78.5M |
| Comprehensive Income Attributable To Noncontrolling Interests | -€80.0K | -€66.0K |
| Comprehensive Income Attributable To Owners of Parent | -€9.4M | -€393.0K |
| Current Bonds Issued and Current Portion of Noncurrent Bonds Issued | €537.0K | €529.0K |
| Current Contract Assets | €1.8M | €855.0K |
| Current Contract Liabilities | €2.6M | €662.0K |
| Current Prepaid Expenses | €1.3M | €1.3M |
| Current Restricted Cash and Cash Equivalents | €5.9M | €7.1M |
| Current Tax Assets Current | €0 | €2.8M |
| Current Tax Liabilities Current | €577.0K | €0 |
| Deferred Tax Assets | €4.4M | €2.8M |
| Equity and Liabilities | €272.8M | €277.4M |
| Finance Income | €612.0K | €743.0K |
| Gains Losses On Cash Flow Hedges Net of Tax | -€276.0K | -€4.0M |
| Gains Losses On Change In Fair Value of Derivatives | -€66.0K | -€194.0K |
| Gains Losses On Exchange Differences On Translation Net of Tax | -€2.7M | -€430.0K |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | -€75.0K | -€221.0K |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss | €417.0K | €2.9M |
| Gains Losses On Subsequent Increase In Fair Value Less Costs To Sell Not In Excess of Recognised Cumulative Impairment Loss | -€450.0K | €0 |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | -€110.0K | €977.0K |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Trade Receivables | €110.0K | €977.0K |
| Increase Decrease In Cash and Cash Equivalents | €2.6M | -€5.4M |
| Increase Decrease Through Transactions With Owners | -€5.0K | -€513.0K |
| Increase Decrease Through Transfer Between Revaluation Reserve and Retained Earnings | €0 | €0 |
| Increase Decrease Through Transfers and Other Changes Equity | €0 | — |
| Intangible Assets Other Than Goodwill | €10.6M | €8.1M |
| Interest Paid Classified As Financing Activities | €11.5M | €11.4M |
| Investment Accounted For Using Equity Method | €1.8M | €1.8M |
| Issued Capital | €612.0K | €612.0K |
| Liabilities | €212.8M | €207.9M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | €2.0M | €659.0K |
| Noncurrent Derivative Financial Assets | €1.7M | €2.0M |
| Noncurrent Derivative Financial Liabilities | €1.6M | €1.7M |
| Other Adjustments For Noncash Items | -€535.0K | -€840.0K |
| Other Comprehensive Income | €3.8M | €15.3M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | -€271.0K | €5.2M |
| Other Comprehensive Income Net of Tax Gains Losses On Revaluation | €7.0M | €14.5M |
| Other Current Payables | €5.5M | €5.3M |
| Other Current Receivables | €18.0M | €12.1M |
| Other Expense By Nature | €25.7M | €10.9M |
| Other Longterm Provisions | €544.0K | €555.0K |
| Other Noncurrent Financial Assets | €17.3M | €17.0M |
| Other Noncurrent Liabilities | €398.0K | €208.0K |
| Other Noncurrent Nonfinancial Assets | €875.0K | €0 |
| Other Noncurrent Receivables | €510.0K | €534.0K |
| Payments For Debt Issue Costs | €0 | €75.0K |
| Proceeds From Issue of Bonds Notes and Debentures | €0 | €2.5M |
| Proceeds From Sales of Investments Accounted For Using Equity Method | €6.0M | €0 |
| Purchase of Interests In Investments Accounted For Using Equity Method | €372.0K | €3.4M |
| Repayments of Bonds Notes and Debentures | €116.0K | €3.8M |
| Reserve of Cash Flow Hedges | €83.0K | €358.0K |
| Reserve of Exchange Differences On Translation | -€739.0K | €1.9M |
| Retained Earnings | -€37.8M | -€28.7M |
| Revaluation Surplus | €58.3M | €55.7M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €254.0K | €217.0K |
| Share Premium | €40.7M | €40.7M |
| Statutory Reserve | €13.0K | €13.0K |
| Trade and Other Current Payables To Trade Suppliers | €16.8M | €9.3M |
| Trade and Other Current Receivables Due From Related Parties | €2.8M | €2.8M |
| Treasury Shares | €824.0K | €827.0K |
Methodology
Every line item above is a fact tagged in Photon Energy N.V.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.