Income Statement Mastrad

Stocks

ALMAS

FR0004155687

Appliances, Tools & Housewares

Real-time Euronext Paris 05:04:36 16/09/2026 pm IST			5-day change	1st Jan Change
0.004000 ^EUR	0.00%		-20.00%	-53.49%

06/07	Mastrad Société Anonyme Reports Earnings Results for the Half Year Ended December 31, 2025	CI
16/06	Mastrad delays earnings release by one week

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Published financial data: MASTRAD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Revenues	94.97L	69.78L	61.07L	18.64L	5L
Other Revenues, Total	-	4L	5L	3L	3L
Total Revenues	94.97L	73.43L	65.7L	21.6L	8L
Cost of Goods Sold, Total	38.88L	58.51L	65.71L	18.34L	12.88L
Gross Profit	56.09L	14.92L	-1T	3L	-5L
Selling General & Admin Expenses, Total	14.15L	19.81L	11.23L	8L	7L
Depreciation & Amortization - (IS)	3L	6L	-1L	4L	4L
Other Operating Expenses	35.19L	3L	3L	1L	-19T
Other Operating Expenses, Total	52.62L	29.39L	13.23L	12.98L	10.87L
Operating Income	3L	-14.47L	-13.24L	-10L	-15.91L
Interest Expense, Total	-2L	-2L	-2L	-66T	-61T
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-2L	-2L	-2L	-66T	-61T
Currency Exchange Gains (Loss)	-66T	3L	-54T	1L	1L
Other Non Operating Income (Expenses)	1T	-34T	21T	4T	-1L
EBT, Excl. Unusual Items	1L	-13.71L	-15.27L	-9L	-16.54L
Gain (Loss) On Sale Of Investments	-24T	-	-	-	-
Asset Writedown	-	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	3T	12T	-18T	55T	-
EBT, Incl. Unusual Items	1L	-13.59L	-15.45L	-9L	-16.54L
Income Tax Expense	-1L	-1L	-1L	-58T	-75T
Earnings From Continuing Operations	2L	-12.12L	-14.24L	-8L	-15.79L
Net Income to Company	2L	-12.12L	-14.24L	-8L	-15.79L
Net Income - (IS)	2L	-12.12L	-14.24L	-8L	-15.79L
Net Income to Common Incl Extra Items	2L	-12.12L	-14.24L	-8L	-15.79L
Net Income to Common Excl. Extra Items	2L	-12.12L	-14.24L	-8L	-15.79L
Per Share Items
Net EPS - Basic	0.01	-0.05	-0.06	-0.01	-0.02
Basic EPS - Continuing Operations	0.01	-0.05	-0.06	-0.01	-0.02
Basic Weighted Average Shares Outstanding	2.16Cr	2.39Cr	2.39Cr	8.24Cr	8.24Cr
Net EPS - Diluted	0.01	-0.05	-0.06	-0.01	-0.02
Diluted EPS - Continuing Operations	0.01	-0.05	-0.06	-0.01	-0.02
Diluted Weighted Average Shares Outstanding	2.16Cr	2.39Cr	2.39Cr	8.24Cr	8.24Cr
Normalized Basic EPS	0	-0.04	-0.04	-0.01	-0.01
Normalized Diluted EPS	0	-0.04	-0.04	-0.01	-0.01
Supplemental Items
EBITDA	7L	-8L	-10.33L	-5L	-11.11L
EBITA	3L	-13.45L	-12.63L	-9L	-14.86L
EBIT	3L	-14.47L	-13.24L	-10L	-15.91L
EBITDAR	-	-4L	-8L	-3L	-10L
Effective Tax Rate - (Ratio)	-101.87	10.82	7.83	6.8	4.53
Total Current Taxes	-1L	-1L	-	-58T	-75T
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	80T	-9L	-10L	-6L	-10.34L
Non-Cash Pension Expense	5T	-3T	-7T	-1T	-
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	10T	7T	4T	3T	1T
Net Rental Expense, Total	-	4L	2L	2L	1L
Imputed Operating Lease Interest Expense	-	2L	1L	60.39T	46.61T
Imputed Operating Lease Depreciation	-	2L	94.58T	1L	82.39T
Maintenance & Repair Expenses, Total	-	1L	1L	76T	64T

Fiscal Period: June	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Cash And Equivalents	4L	4L	6L	3L	72T
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	4L	4L	6L	3L	72T
Accounts Receivable, Total	18.43L	6L	18.73L	7L	3L
Other Receivables	5L	5L	5L	4L	2L
Total Receivables	23.3L	10.39L	24.16L	10.6L	5L
Inventory	17.49L	16.23L	1L	2L	1L
Prepaid Expenses	5L	10.64L	4L	4L	3L
Other Current Assets, Total	6L	5L	3L	3L	2L
Total Current Assets	55.52L	46.52L	39.28L	22.52L	11.4L
Gross Property Plant And Equipment	46.47L	47.3L	-	50.13L	50.93L
Accumulated Depreciation	-38.71L	-41.66L	-	-38.71L	-42.23L
Net Property Plant And Equipment	8L	6L	12.24L	11.42L	9L
Long-term Investments	1L	1L	4L	3L	4L
Goodwill	-	-	-	-	-
Other Intangibles, Total	47T	78T	3L	2L	1L
Deferred Charges Long-Term	15T	8T	4T	1T	1T
Other Long-Term Assets, Total	8L	13.64L	6L	7L	10.05L
Total Assets	73.23L	67.94L	63.46L	46.64L	34.81L
Liabilities
Accounts Payable, Total	14.91L	16.96L	10L	9L	11.81L
Accrued Expenses, Total	-	3L	3L	2L	1L
Short-term Borrowings	12T	17T	-	18T	74T
Current Portion of Long-Term Debt	-	-	-	-	2L
Current Income Taxes Payable	5L	-	-	-	-
Unearned Revenue Current, Total	26T	32T	67T	-	5T
Deferred Tax Liability Current	-	1T	-	-	-
Other Current Liabilities	4L	5L	1L	2L	1L
Total Current Liabilities	24.41L	25.48L	14.1L	11.95L	17.08L
Long-Term Debt	26.87L	30.52L	18.42L	12.7L	11.67L
Pension & Other Post Retirement Benefits	19T	13T	6T	5T	7T
Other Non Current Liabilities	47T	80T	4T	6T	1L
Total Liabilities	51.94L	56.93L	32.62L	24.76L	30.01L
Common Stock, Total	32.46L	33.47L	16.49L	16.49L	4L
Additional Paid In Capital	1.21Cr	1.23Cr	17.82L	22.41L	22.84L
Retained Earnings	2L	-12.12L	-14.24L	-8L	-15.79L
Comprehensive Income and Other	-1.34Cr	-1.34Cr	10.77L	-9L	-6L
Total Common Equity	21.29L	11.01L	30.84L	21.88L	5L
Total Equity	21.29L	11.01L	30.84L	21.88L	5L
Total Liabilities And Equity	73.23L	67.94L	63.46L	46.64L	34.81L
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.32Cr	2.39Cr	2.39Cr	8.24Cr	8.24Cr
ECS Total Common Shares Outstanding	2.32Cr	2.39Cr	2.39Cr	8.24Cr	8.24Cr
Book Value / Share	0.09	0.05	0.13	0.03	0.01
Tangible Book Value	20.82L	10.23L	28.32L	19.79L	4L
Tangible Book Value Per Share	0.09	0.04	0.12	0.02	0
Total Debt	26.99L	30.69L	18.42L	12.88L	14.13L
Net Debt	23.13L	26.77L	11.99L	10.08L	13.41L
Debt Equivalent Oper. Leases	-	30.08L	16.96L	14.32L	10.32L
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Work In Process, Total	8T	8T	-	-	-
Inventories - Finished Goods, Total	19.84L	20.8L	2L	3L	2L
Land - (BS)	-	27T	-	-	-
Machinery, Total	33.8L	34.2L	-	45.73L	46.76L
Full Time Employees	32	23	7	6	5
Accumulated Allowance for Doubtful Accounts (Supple)	3L	73T	77T	4T	-

Fiscal Period: June	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	2L	-12.12L	-14.24L	-8L	-15.79L
Depreciation & Amortization - CF	3L	6L	2L	3L	4L
Amortization of Goodwill and Intangible Assets - (CF)	-	1L	61T	1L	1L
Depreciation & Amortization, Total	3L	7L	3L	5L	5L
Amortization of Deferred Charges, Total - (CF)	-	7T	4T	3T	1T
(Gain) Loss From Sale Of Asset	-	20.56L	-8T	-10T	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Other Operating Activities, Total	-14T	-28.79L	-44T	48T	2L
Change in Other Net Operating Assets	-10L	9L	-2L	11.16L	9L
Cash from Operations	-5L	-5L	-13.94L	8L	6T
Capital Expenditure	-7L	-8L	-4L	-5L	-4L
Sale of Property, Plant, and Equipment	53T	-	11T	10T	-
Investment in Marketable and Equity Securities, Total	-	6L	-2L	72T	-41T
Cash from Investing	-6L	-1L	-6L	-4L	-4L
Long-Term Debt Issued, Total	7T	5L	9T	-	-
Total Debt Issued	7T	5L	9T	-	-
Long-Term Debt Repaid, Total	-	-14T	-17.44L	-85T	-
Total Debt Repaid	-	-14T	-17.44L	-85T	-
Issuance of Common Stock	10L	1L	34.53L	-	-
Other Financing Activities, Total	-	-1T	-	-	-
Cash from Financing	10L	6L	17.18L	-85T	-
Foreign Exchange Rate Adjustments	-2T	18T	-4T	1T	-5T
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-1L	3T	-3L	3L	-4L
Supplemental Items
Levered Free Cash Flow	-12.16L	-1L	-11.39L	4L	3L
Unlevered Free Cash Flow	-11.2L	-8.38T	-10.32L	4L	3L
Change In Net Working Capital	10L	-10.07L	1L	-10.8L	-11.89L
Net Debt Issued / Repaid	7T	5L	-17.35L	-85T	-

Fiscal Period: June	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	3.41	-12.81	-12.6	-11.04	-24.42
Return on Total Capital	5.13	-20.1	-18.19	-14.46	-37.04
Return On Equity %	14.12	-75.05	-68.05	-30.16	-118.37
Return on Common Equity	14.12	-75.05	-68.05	-30.16	-118.37
Margin Analysis
Gross Profit Margin %	59.06	20.32	-0.02	15.09	-64.29
SG&A Margin	14.9	26.98	17.09	37.55	84.69
EBITDA Margin %	6.96	-10.8	-15.72	-24.07	-141.71
EBITA Margin %	3.65	-18.32	-19.22	-39.91	-189.54
EBIT Margin %	3.65	-19.71	-20.15	-45	-202.93
Income From Continuing Operations Margin %	2.27	-16.51	-21.67	-36.81	-201.4
Net Income Margin %	2.27	-16.51	-21.67	-36.81	-201.4
Net Avail. For Common Margin %	2.27	-16.51	-21.67	-36.81	-201.4
Normalized Net Income Margin	0.84	-11.67	-14.53	-26.27	-131.86
Levered Free Cash Flow Margin	-12.81	-1.54	-17.33	16.96	33.86
Unlevered Free Cash Flow Margin	-11.79	-0.11	-15.72	18.87	38.73
Asset Turnover
Asset Turnover	1.49	1.04	1	0.39	0.19
Fixed Assets Turnover	15.35	10.96	7.35	2.35	0.78
Receivables Turnover (Average Receivables)	6.7	5.75	4.97	1.46	1
Inventory Turnover (Average Inventory)	2.36	3.47	7.42	9.45	6.74
Short Term Liquidity
Current Ratio	2.27	1.83	2.79	1.88	0.67
Quick Ratio	1.11	0.56	2.17	1.12	0.33
Operating Cash Flow to Current Liabilities	-0.2	-0.19	-0.99	0.68	0
Days Sales Outstanding (Average Receivables)	54.48	63.5	73.45	250.25	363.51
Days Outstanding Inventory (Average Inventory)	154.85	105.18	49.21	38.72	54.13
Average Days Payable Outstanding	116.41	103.38	95.13	172.82	311.87
Cash Conversion Cycle (Average Days)	92.92	65.3	27.53	116.14	105.76
Long Term Solvency
Total Debt/Equity	126.77	278.75	59.73	58.87	294.38
Total Debt / Total Capital	55.9	73.6	37.39	37.05	74.64
LT Debt/Equity	126.21	277.2	59.73	58.04	243.12
Long-Term Debt / Total Capital	55.65	73.19	37.39	36.54	61.65
Total Liabilities / Total Assets	70.93	83.79	51.4	53.09	86.21
EBIT / Interest Expense	2.25	-8.61	-7.79	-14.73	-26.08
EBITDA / Interest Expense	4.29	-4.72	-6.08	-7.88	-18.21
(EBITDA - Capex) / Interest Expense	-0.18	-9.32	-8.16	-15.76	-24.31
Total Debt / EBITDA	4.08	-3.87	-1.78	-2.48	-1.27
Net Debt / EBITDA	3.5	-3.38	-1.16	-1.94	-1.21
Total Debt / (EBITDA - Capex)	-96.39	-1.96	-1.33	-1.24	-0.95
Net Debt / (EBITDA - Capex)	-82.61	-1.71	-0.86	-0.97	-0.9
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	88.25	-25.36	-10.53	-67.12	-63.7
Gross Profit, 1 Yr. Growth %	116.06	-36.4	-100.07	-32.7T	-254.6
EBITDA, 1 Yr. Growth %	-166.5	-341.77	0.98	-49.42	126.27
EBITA, 1 Yr. Growth %	-127.37	-3.16T	-5.61	-31.48	71.59
EBIT, 1 Yr. Growth %	-127.37	-	-8.5	-26.59	63.68
Earnings From Cont. Operations, 1 Yr. Growth %	-116.58	-661.11	17.49	-44.17	98.62
Net Income, 1 Yr. Growth %	-116.58	-661.11	17.49	-44.17	98.62
Normalized Net Income, 1 Yr. Growth %	-109.29	-1.17T	11.38	-40.54	82.16
Diluted EPS Before Extra, 1 Yr. Growth %	-114.29	-607.01	17.49	-83.81	98.63
Accounts Receivable, 1 Yr. Growth %	85.79	-68.26	220.17	-63.91	-55.92
Inventory, 1 Yr. Growth %	12.84	-7.2	-90.82	60.4	-40.17
Net Property, Plant and Equip., 1 Yr. Growth %	68.33	-27.32	117.02	63.38	-23.82
Total Assets, 1 Yr. Growth %	35.34	-7.22	-6.59	-26.5	-25.36
Tangible Book Value, 1 Yr. Growth %	128.79	-50.86	177.1	-30.12	-81.35
Common Equity, 1 Yr. Growth %	128.92	-48.29	180.11	-29.05	-78.06
Cash From Operations, 1 Yr. Growth %	-73.14	-1.45	192.86	-158.39	-99.26
Capital Expenditures, 1 Yr. Growth %	4.71	12.05	-54.15	46.89	-28.46
Levered Free Cash Flow, 1 Yr. Growth %	-33.95	-92.01	225.01	-132.19	-32.31
Unlevered Free Cash Flow, 1 Yr. Growth %	-36.59	-99.37	320.78	-139.51	-29.96
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	34.27	20.64	-18.28	-45.76	-65.46
Gross Profit, 2 Yr. CAGR %	53.81	-24.19	-97.94	-53.26	2.14T
EBITDA, 2 Yr. CAGR %	-29.42	-10.68	77.47	-28.7	3.96
EBITA, 2 Yr. CAGR %	-53.15	2.99	435.77	-19.74	8.68
EBIT, 2 Yr. CAGR %	-53.15	6.83	-	-18.04	9.62
Earnings From Cont. Operations, 2 Yr. CAGR %	-64.12	-3.56	156.76	-19.01	5.3
Net Income, 2 Yr. CAGR %	-64.12	-3.56	156.76	-19.01	5.3
Normalized Net Income, 2 Yr. CAGR %	-71.24	-0.25	245.39	-18.62	4.08
Diluted EPS Before Extra, 2 Yr. CAGR %	-67.98	-14.89	144.07	-56.39	-43.29
Accounts Receivable, 2 Yr. CAGR %	134.55	-23.21	0.81	7.5	-60.11
Inventory, 2 Yr. CAGR %	-5.56	2.33	-70.81	-61.63	-2.03
Net Property, Plant and Equip., 2 Yr. CAGR %	14.49	10.61	25.59	42.3	11.56
Total Assets, 2 Yr. CAGR %	31.4	12.05	-6.91	-17.15	-25.94
Tangible Book Value, 2 Yr. CAGR %	32.33	6.03	16.63	39.15	-63.9
Common Equity, 2 Yr. CAGR %	31.67	8.81	20.36	40.97	-60.55
Cash From Operations, 2 Yr. CAGR %	-46.88	-48.55	69.89	30.77	-93.44
Capital Expenditures, 2 Yr. CAGR %	62.17	8.32	-28.32	-17.93	2.51
Levered Free Cash Flow, 2 Yr. CAGR %	-6.92	-75.19	-10.39	2.24	-51.69
Unlevered Free Cash Flow, 2 Yr. CAGR %	-9.25	-93.11	-11.63	28.87	-45.75
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	18.64	11.71	9.2	-39.67	-52.56
Gross Profit, 3 Yr. CAGR %	28.04	-14.31	-92.73	-48.2	-30.36
EBITDA, 3 Yr. CAGR %	-27.31	-15.77	1.29	16.6	2.79
EBITA, 3 Yr. CAGR %	-44.1	-5.25	-0.13	169.58	3.56
EBIT, 3 Yr. CAGR %	-44.1	-2.91	1.45	-	3.21
Earnings From Cont. Operations, 3 Yr. CAGR %	-51.04	-10.28	3	54.4	9.22
Net Income, 3 Yr. CAGR %	-51.04	-10.28	3	54.4	9.22
Normalized Net Income, 3 Yr. CAGR %	-60.95	-3.97	3.48	92.14	6.46
Diluted EPS Before Extra, 3 Yr. CAGR %	-56.91	-19.6	-5.24	-1.2	-27.71
Accounts Receivable, 3 Yr. CAGR %	30.57	20.42	23.6	-28.42	-20.14
Inventory, 3 Yr. CAGR %	-5.03	-6.11	-54.19	-48.49	-55.5
Net Property, Plant and Equip., 3 Yr. CAGR %	19.92	-1.6	38.47	13.75	15.54
Total Assets, 3 Yr. CAGR %	11.44	17.01	5.46	-13.96	-19.98
Tangible Book Value, 3 Yr. CAGR %	-2.74	-4.89	46	-1.68	-28.79
Common Equity, 3 Yr. CAGR %	-2.43	-3.57	49.12	0.92	-24.17
Cash From Operations, 3 Yr. CAGR %	-15.93	-34.73	-8.13	19	-76.73
Capital Expenditures, 3 Yr. CAGR %	24.97	43.36	-18.67	-8.95	-21.6
Levered Free Cash Flow, 3 Yr. CAGR %	23.34	-56.78	-14.8	-36.32	-8.83
Unlevered Free Cash Flow, 3 Yr. CAGR %	22.53	-81.67	-16.39	-32.45	7.36
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-5.25	-3.67	2.93	-16.33	-31.09
Gross Profit, 5 Yr. CAGR %	0.14	-17.09	-79.37	-32.76	-27.95
EBITDA, 5 Yr. CAGR %	-16.59	-17.35	-9.7	-17.09	2.25
EBITA, 5 Yr. CAGR %	-30.04	-11.66	-8.66	-11.42	3.22
EBIT, 5 Yr. CAGR %	-30.04	-10.36	-7.8	-9.27	4.64
Earnings From Cont. Operations, 5 Yr. CAGR %	-35.52	-14.37	-5	-13.88	3.92
Net Income, 5 Yr. CAGR %	-35.52	-14.37	-5	-13.88	3.92
Normalized Net Income, 5 Yr. CAGR %	-41.99	-12.93	-6.61	-10.12	3.72
Diluted EPS Before Extra, 5 Yr. CAGR %	-49.68	-34.48	-13.77	-37.05	-22.83
Accounts Receivable, 5 Yr. CAGR %	2.73	-18.01	17.73	15.07	-21.38
Inventory, 5 Yr. CAGR %	-14.93	-10.33	-40.76	-34.36	-37.91
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.76	0.99	22.16	14.04	13.54
Total Assets, 5 Yr. CAGR %	-3.87	0.1	3.7	1.92	-8.44
Tangible Book Value, 5 Yr. CAGR %	-5.95	-15.15	4.59	10.73	-16.52
Common Equity, 5 Yr. CAGR %	-5.96	-14.26	6.12	12.25	-12.39
Cash From Operations, 5 Yr. CAGR %	-2.64	-21.04	11.39	-13.82	-68.04
Capital Expenditures, 5 Yr. CAGR %	0.71	12.68	0.06	14.69	-10.78
Levered Free Cash Flow, 5 Yr. CAGR %	14.89	-36.59	11.93	-23.57	-32.11
Unlevered Free Cash Flow, 5 Yr. CAGR %	10.9	-61.92	11.14	-21.42	-29.69