Income Statement INVOLYS S.A.

Stocks

INV

MA0000011579

Software

End-of-day quote Casablanca S.E. Other stock markets 29/07/2026			5-day change	1st Jan Change
129.70 ^MAD	+2.13%		+3.76%	-28.74%

25/05	INVOLYS S.A. Reports Earnings Results for the Full Year Ended December 31, 2025	CI
22/25/22	INVOLYS S.A. Reports Earnings Results for the Half Year Ended June 30, 2025	CI

136.oiCgLKwsz6K1J4hiuBNlK4wYoDufvBa-bTTGhoJjAz0.wHrZQ814_e_eTdoNjUEmced6zVKyxnD7KHyx7NY1dEiPEPp6-kL20P9o0Q

Published financial data: INVOLYS S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	5.18Cr	5.03Cr	4.62Cr	4.69Cr	4.56Cr
Total Revenues	5.18Cr	5.03Cr	4.62Cr	4.69Cr	4.56Cr
Cost of Goods Sold, Total	2.69Cr	2.63Cr	2.58Cr	2.61Cr	2.69Cr
Gross Profit	2.49Cr	2.4Cr	2.04Cr	2.08Cr	1.86Cr
Selling General & Admin Expenses, Total	58.76L	68.86L	60.34L	51.37L	46.25L
Depreciation & Amortization - (IS)	-	-	-	464	5.93T
Other Operating Expenses	1.6Cr	1.26Cr	1.26Cr	1.4Cr	1.37Cr
Other Operating Expenses, Total	2.19Cr	1.94Cr	1.86Cr	1.92Cr	1.83Cr
Operating Income	29.64L	45.7L	17.64L	16.64L	3L
Interest Expense, Total	-11.71L	-10L	-8L	-10.99L	-8L
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-11.71L	-10L	-8L	-10.99L	-8L
Currency Exchange Gains (Loss)	-4L	-7L	4L	-1L	-
Other Non Operating Income (Expenses)	-10L	10L	-4L	-12.29L	3L
EBT, Excl. Unusual Items	4L	39.34L	10L	-8L	-2L
Gain (Loss) On Sale Of Assets	-	-	-	-	2L
Other Unusual Items	-2L	-30L	-2L	7L	2L
EBT, Incl. Unusual Items	2L	9L	8L	-23.48T	3L
Income Tax Expense	2L	10.26L	93.94T	99.98T	2L
Earnings From Continuing Operations	5.43T	-91.25T	7L	-1L	1L
Net Income to Company	5.43T	-91.25T	7L	-1L	1L
Net Income - (IS)	5.43T	-91.25T	7L	-1L	1L
Net Income to Common Incl Extra Items	5.43T	-91.25T	7L	-1L	1L
Net Income to Common Excl. Extra Items	5.43T	-91.25T	7L	-1L	1L
Per Share Items
Net EPS - Basic	0.01	-0.24	-	-0.32	0.3
Basic EPS - Continuing Operations	0.01	-0.24	-	-0.32	0.3
Basic Weighted Average Shares Outstanding	5L	4L	-	4L	4L
Net EPS - Diluted	0.01	-0.24	-	-0.32	0.3
Diluted EPS - Continuing Operations	0.01	-0.24	-	-0.32	0.3
Diluted Weighted Average Shares Outstanding	5L	4L	-	4L	4L
Normalized Basic EPS	0.49	6.47	-	-1.24	-0.26
Normalized Diluted EPS	0.49	6.47	-	-1.24	-0.26
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-4.19T	-	-	-
Supplemental Items
EBITDA	-	51.17L	23.11L	22.61L	8L
EBITA	29.64L	45.95L	17.64L	16.94L	3L
EBIT	29.64L	45.7L	17.64L	16.64L	3L
EBITDAR	-	76.15L	46.84L	46.86L	31.9L
Total Revenues (As Reported)	5.16Cr	4.97Cr	4.65Cr	4.7Cr	4.67Cr
Effective Tax Rate - (Ratio)	97.12	109.76	12	-425.8	57.49
Normalized Net Income	3L	24.59L	6L	-5L	-1L
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	98.43L	1.04Cr	1.08Cr	1.09Cr
Net Rental Expense, Total	23.28L	24.99L	23.73L	24.26L	23.78L
Imputed Operating Lease Interest Expense	8L	8L	7L	10.56L	8L
Imputed Operating Lease Depreciation	15.16L	17.07L	17.05L	13.69L	15.43L
Maintenance & Repair Expenses, Total	2L	1L	2L	1L	1L

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	10L	6L	2L	3L	2L
Short Term Investments	97.9T	97.9T	97.9T	97.9T	-
Total Cash And Short Term Investments	10.94L	7L	3L	4L	2L
Accounts Receivable, Total	8.16Cr	9.19Cr	8.83Cr	8.42Cr	33.19L
Other Receivables	24.3L	42.97L	39.04L	38.95L	5L
Total Receivables	8.4Cr	9.62Cr	9.22Cr	8.81Cr	38.5L
Inventory	12.94L	7L	10L	8L	17Cr
Other Current Assets, Total	10L	663	4L	15.87L	-
Total Current Assets	8.73Cr	9.76Cr	9.38Cr	9.08Cr	17Cr
Gross Property Plant And Equipment	77.75L	80.91L	83.33L	85.3L	-
Accumulated Depreciation	-46.84L	-51.74L	-57.36L	-63L	-
Net Property Plant And Equipment	30.91L	29.17L	25.97L	22.3L	5L
Long-term Investments	2L	2L	2L	2L	-
Goodwill	-	-	-	-	38.84T
Other Intangibles, Total	3.34Cr	3.38Cr	3.25Cr	3.12Cr	24.24L
Deferred Charges Long-Term	38.79L	25.63L	12.48L	-	2.85Cr
Other Long-Term Assets, Total	5L	5L	5L	5L	-8.5Cr
Total Assets	13Cr	14Cr	13Cr	12Cr	12Cr
Liabilities
Accounts Payable, Total	36.3L	32.57L	52.37L	15.82L	24.8L
Accrued Expenses, Total	92.23L	1.64Cr	1.37Cr	1.17Cr	96.97L
Short-term Borrowings	39.63L	1.09Cr	77.03L	1.11Cr	1.1Cr
Other Current Liabilities	2L	19.55L	5L	136	1L
Total Current Liabilities	1.7Cr	3.25Cr	2.72Cr	2.44Cr	2.33Cr
Long-Term Debt	1.87Cr	1.54Cr	1.29Cr	86.73L	57.07L
Other Non Current Liabilities	10.11L	20.19T	4L	16.25L	5L
Total Liabilities	3.67Cr	4.79Cr	4.05Cr	3.47Cr	2.95Cr
Common Stock, Total	3.83Cr	3.83Cr	3.83Cr	3.83Cr	3.83Cr
Additional Paid In Capital	2.58Cr	2.58Cr	2.58Cr	2.58Cr	2.58Cr
Retained Earnings	2.77Cr	2.57Cr	2.64Cr	2.32Cr	2.33Cr
Comprehensive Income and Other	-	-	-	30.62L	30.62L
Total Common Equity	9.17Cr	8.97Cr	9.04Cr	9.03Cr	9.04Cr
Total Equity	9.17Cr	8.97Cr	9.04Cr	9.03Cr	9.04Cr
Total Liabilities And Equity	13Cr	14Cr	13Cr	12Cr	12Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5L	4L	-	4L	4L
ECS Total Common Shares Outstanding	5L	4L	-	4L	4L
Book Value / Share	168.86	235.9	-	233.92	233.35
Tangible Book Value	5.83Cr	5.59Cr	5.79Cr	5.91Cr	8.79Cr
Tangible Book Value Per Share	107.33	146.92	-	153.06	226.99
Total Debt	2.27Cr	2.63Cr	2.06Cr	1.97Cr	1.68Cr
Net Debt	2.16Cr	2.56Cr	2.03Cr	1.94Cr	1.65Cr
Debt Equivalent Oper. Leases	1.86Cr	2Cr	1.9Cr	1.94Cr	1.9Cr
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	-	-	-	-	11Cr
Inventories - Work In Process, Total	11.14L	5L	8L	6L	10Cr
Inventories - Finished Goods, Total	7L	7L	7L	7L	8L
Machinery, Total	76.96L	79.95L	82.3L	84.21L	-
Full Time Employees	139	139	115	82	108
Accumulated Allowance for Doubtful Accounts (Supple)	1.47Cr	1.52Cr	1.52Cr	1.63Cr	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-	-91.25T	-	-1L	1L
Depreciation & Amortization - CF	-	5L	-	6L	5L
Amortization of Goodwill and Intangible Assets - (CF)	-	24.85T	-	29.38T	31.05T
Depreciation & Amortization, Total	-	5L	-	6L	5L
Amortization of Deferred Charges, Total - (CF)	-	1.12Cr	-	1.08Cr	1.09Cr
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Other Operating Activities, Total	-	5.54Cr	-	-1.13Cr	-
Change in Other Net Operating Assets	-	-7.54Cr	-	-	-
Cash from Operations	-	-84.31L	-	-1	1.15Cr
Capital Expenditure	-	-16.38L	-	-97.74L	-98.77T
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-2.57Cr	-	-	-82.17L
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-18.75T	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-	-2.74Cr	-	-97.74L	-83.16L
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-38.27L	-	-	-
Common & Preferred Stock Dividends Paid	-	-38.27L	-	-	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-	-38.27L	-	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-	-3.96Cr	-	-97.74L	31.6L
Supplemental Items
Levered Free Cash Flow	-	-1.55Cr	-	-11.06L	72.24L
Unlevered Free Cash Flow	-	-1.49Cr	-	-4L	77.24L
Change In Net Working Capital	-1.77Cr	21.11L	-12.53L	30.9L	-44.87L
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.39	2.15	0.82	0.81	0.16
Return on Total Capital	1.54	2.48	0.97	0.94	0.18
Return On Equity %	0.01	-0.1	0.76	-0.14	0.13
Return on Common Equity	0.01	-0.1	0.76	-0.14	0.13
Margin Analysis
Gross Profit Margin %	48.01	47.72	44.18	44.39	40.88
SG&A Margin	11.34	13.69	13.06	10.96	10.15
EBITDA Margin %	-	10.17	5	4.82	1.78
EBITA Margin %	5.72	9.13	3.82	3.61	0.75
EBIT Margin %	5.72	9.08	3.82	3.55	0.68
Income From Continuing Operations Margin %	0.01	-0.18	1.49	-0.26	0.26
Net Income Margin %	0.01	-0.18	1.49	-0.26	0.26
Net Avail. For Common Margin %	0.01	-0.18	1.49	-0.26	0.26
Normalized Net Income Margin	0.52	4.89	1.33	-1.02	-0.22
Levered Free Cash Flow Margin	-	-30.84	-	-2.36	15.86
Unlevered Free Cash Flow Margin	-	-29.63	-	-0.89	16.96
Asset Turnover
Asset Turnover	0.39	0.38	0.34	0.37	0.37
Fixed Assets Turnover	18.87	16.75	16.76	19.43	130.35
Receivables Turnover (Average Receivables)	0.58	0.58	0.51	0.54	12.8
Inventory Turnover (Average Inventory)	19.35	26.51	31.19	29.95	0.16
Short Term Liquidity
Current Ratio	5.14	3	3.46	3.73	7.43
Quick Ratio	5.01	2.98	3.41	3.63	0.18
Operating Cash Flow to Current Liabilities	-	-0.26	-	0	0.49
Days Sales Outstanding (Average Receivables)	632.04	629.29	711.85	673.24	28.51
Days Outstanding Inventory (Average Inventory)	18.87	13.77	11.7	12.22	2.32T
Average Days Payable Outstanding	55.46	48.92	59.48	48.21	32.06
Cash Conversion Cycle (Average Days)	595.45	594.14	664.07	637.25	2.32T
Long Term Solvency
Total Debt/Equity	24.72	29.31	22.8	21.88	18.54
Total Debt / Total Capital	19.82	22.67	18.57	17.95	15.64
LT Debt/Equity	20.4	17.13	14.28	9.61	6.32
Long-Term Debt / Total Capital	16.36	13.25	11.63	7.88	5.33
Total Liabilities / Total Assets	28.59	34.81	30.92	27.75	24.61
EBIT / Interest Expense	2.53	4.72	2.14	1.51	0.39
EBITDA / Interest Expense	-	5.28	2.8	2.06	1.01
(EBITDA - Capex) / Interest Expense	-	3.59	2.8	-6.84	0.89
Total Debt / EBITDA	-	5.14	8.92	8.74	20.63
Net Debt / EBITDA	-	5	8.78	8.58	20.33
Total Debt / (EBITDA - Capex)	-	7.56	8.92	-2.63	23.49
Net Debt / (EBITDA - Capex)	-	7.36	8.78	-2.58	23.14
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	19.61	-2.95	-8.16	1.49	-2.84
Gross Profit, 1 Yr. Growth %	67.85	-3.53	-14.98	1.98	-10.54
EBITDA, 1 Yr. Growth %	-	-	-54.84	-2.16	-64.08
EBITA, 1 Yr. Growth %	3.5	55.02	-61.62	-3.97	-79.56
EBIT, 1 Yr. Growth %	3.5	54.18	-61.41	-5.64	-81.42
Earnings From Cont. Operations, 1 Yr. Growth %	-98.68	-1.78T	-854.72	-117.93	-194.1
Net Income, 1 Yr. Growth %	-98.68	-1.78T	-854.72	-117.93	-194.1
Normalized Net Income, 1 Yr. Growth %	-82.24	819.72	-75.01	-177.89	-79.05
Diluted EPS Before Extra, 1 Yr. Growth %	-99.07	-2.5T	-	-117.78	-193.75
Accounts Receivable, 1 Yr. Growth %	-16.75	12.7	-3.93	-4.63	-12.63
Inventory, 1 Yr. Growth %	-13.27	-46.68	39.72	-19.35	-2.2
Net Property, Plant and Equip., 1 Yr. Growth %	28.61	-5.65	-10.96	-14.11	163.46
Total Assets, 1 Yr. Growth %	-6.76	7.14	-4.89	-4.52	-4.04
Tangible Book Value, 1 Yr. Growth %	-14.98	-4.16	3.68	1.97	1.11
Common Equity, 1 Yr. Growth %	-3.23	-2.19	0.77	-0.14	0.13
Cash From Operations, 1 Yr. Growth %	-	-112.03	-	-	-9.39T
Capital Expenditures, 1 Yr. Growth %	-	-	-	3.94T	-98.99
Levered Free Cash Flow, 1 Yr. Growth %	-	-182.54	-	-85.26	-107.18
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-176.35	-	-94	-107.73
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.56	7.74	-5.59	-3.46	-0.7
Gross Profit, 2 Yr. CAGR %	25.21	27.25	-9.44	-6.89	-4.48
EBITDA, 2 Yr. CAGR %	-	25.69	-	-33.53	-40.72
EBITA, 2 Yr. CAGR %	77.44	26.67	-22.86	-39.29	-56.08
EBIT, 2 Yr. CAGR %	77.9	26.33	-22.86	-39.65	-58.13
Earnings From Cont. Operations, 2 Yr. CAGR %	-96.21	-52.88	1.03T	16.32	-58.93
Net Income, 2 Yr. CAGR %	-96.21	-52.88	1.03T	16.32	-58.93
Normalized Net Income, 2 Yr. CAGR %	-70.05	27.79	51.59	-55.88	-59.6
Diluted EPS Before Extra, 2 Yr. CAGR %	-96.82	-52.64	-	15.47	-59.18
Accounts Receivable, 2 Yr. CAGR %	-10.09	-3.14	4.05	-4.28	-80.61
Inventory, 2 Yr. CAGR %	-21.15	-32	-13.69	6.15	1.23T
Net Property, Plant and Equip., 2 Yr. CAGR %	40.57	10.15	-8.35	-12.55	-55.83
Total Assets, 2 Yr. CAGR %	-2.04	-0.05	0.94	-4.71	-4.28
Tangible Book Value, 2 Yr. CAGR %	-9.17	-9.73	-0.32	2.82	23.2
Common Equity, 2 Yr. CAGR %	-1.41	-2.71	-0.72	0.31	-0
Cash From Operations, 2 Yr. CAGR %	-	-	-	-	-
Capital Expenditures, 2 Yr. CAGR %	-	-	-	144.28	-36.13
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-73.3	-1.88
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-83.22	5.15
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.77	2	2.16	-3.29	-3.25
Gross Profit, 3 Yr. CAGR %	7.09	14.79	11.24	-5.78	-8.12
EBITDA, 3 Yr. CAGR %	-	57.41	-10.65	-	-45.86
EBITA, 3 Yr. CAGR %	-23.16	69.63	-14.92	-17.02	-58.01
EBIT, 3 Yr. CAGR %	-23.16	69.61	-14.92	-17.5	-59.25
Earnings From Cont. Operations, 3 Yr. CAGR %	-91.06	-71.11	18.78	183.3	8.39
Net Income, 3 Yr. CAGR %	-91.06	-71.11	18.78	183.3	8.39
Normalized Net Income, 3 Yr. CAGR %	-64.23	-6.21	-25.83	21.42	-65.58
Diluted EPS Before Extra, 3 Yr. CAGR %	-92.04	-71.05	-	217.48	7.72
Accounts Receivable, 3 Yr. CAGR %	-6.64	-3.06	-3.4	1.07	-66.95
Inventory, 3 Yr. CAGR %	-29.9	-30.79	-13.55	-15.62	526.03
Net Property, Plant and Equip., 3 Yr. CAGR %	22.42	23.07	2.61	-10.31	-44.2
Total Assets, 3 Yr. CAGR %	-1.55	0.93	-1.69	-0.91	-4.49
Tangible Book Value, 3 Yr. CAGR %	-6.89	-7.53	-5.46	0.44	16.32
Common Equity, 3 Yr. CAGR %	-0.69	-1.67	-1.56	-0.53	0.25
Cash From Operations, 3 Yr. CAGR %	-	20.43	-	-	10.83
Capital Expenditures, 3 Yr. CAGR %	-	85.63	-	-	-60.79
Levered Free Cash Flow, 3 Yr. CAGR %	-	30.03	-	-61.1	-22.49
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	32.62	-	-72.2	-19.68
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.36	-2.1	-1.82	-0.22	1.01
Gross Profit, 5 Yr. CAGR %	7.41	4.47	0.15	5.57	4.66
EBITDA, 5 Yr. CAGR %	-	-	-	11.5	-24.17
EBITA, 5 Yr. CAGR %	-22.29	-1.95	-23.04	12.46	-34.69
EBIT, 5 Yr. CAGR %	-22.29	-2.06	-23.04	12.19	-35.93
Earnings From Cont. Operations, 5 Yr. CAGR %	-76.5	-54.11	-38.12	-49.56	-22.33
Net Income, 5 Yr. CAGR %	-76.5	-54.11	-38.12	-49.56	-22.33
Normalized Net Income, 5 Yr. CAGR %	-46.63	-6.67	-36.27	-30.64	-41.83
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-49.65	-22.46
Accounts Receivable, 5 Yr. CAGR %	-3.92	-3.64	-2.5	-3.55	-49.19
Inventory, 5 Yr. CAGR %	-27.67	-22.57	-23.82	-17.88	157.61
Net Property, Plant and Equip., 5 Yr. CAGR %	8.94	9.12	9.03	7.35	-26.76
Total Assets, 5 Yr. CAGR %	-0.98	-0.58	-0.56	-1.37	-2.74
Tangible Book Value, 5 Yr. CAGR %	-1.75	-3.67	-4.32	-3.52	5.1
Common Equity, 5 Yr. CAGR %	1.81	0.31	-0.7	-0.88	-0.94
Cash From Operations, 5 Yr. CAGR %	-	-36.96	-	-	-
Capital Expenditures, 5 Yr. CAGR %	-	43.59	-	107.18	-
Levered Free Cash Flow, 5 Yr. CAGR %	-	2.76	-	-30.97	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	3.09	-	-42	-
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-