Cash flow Springvest Oyj

Stocks

SPRING

FI4000369442

Investment Management & Fund Operators

Delayed Nasdaq Helsinki 06:03:21 03/09/2026 pm IST			5-day change	1st Jan Change
8.140 ^EUR	-1.69%		-0.73%	+18.66%

26/08	Springvest Oyj Reports Earnings Results for the Half Year Ended June 30, 2026	CI
11/02	Springvest H2 operating profit EUR 0.6 million	RE

314eeac77cdde9b1830d54b6de1c31f8.P4zHmouFRQBD63qVoIq32yv2_35w4kTFyti8rbi0m3w.UdO99-ziEHgHqj__xdLomnycuA4dimmQqa3o6-jywh0HuqDIu8ArUnGZPw

Published financial data: SPRINGVEST OYJ

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Revenues	40.02L	37.63L	37.58L	68.66L	58.51L
Interest And Invest. Income (Rev)	-	1	4	1	1.57T
Other Revenues, Total	2.43T	1.53T	1.56T	61.72T	1.03T
Total Revenues	40.05L	37.65L	37.59L	69.28L	58.54L
Cost of Goods Sold, Total	19.97L	19.25L	19.22L	30.88L	28.01L
Gross Profit	20.08L	18.4L	18.38L	38.39L	30.53L
Selling General & Admin Expenses, Total	11.23L	10.22L	12.76L	18.48L	19.18L
Depreciation & Amortization - (IS)	20.31T	32.1T	11.11T	8.34T	9.26T
Other Operating Expenses	9.8T	17.71T	-3.91T	-49.36T	-72.76T
Other Operating Expenses, Total	11.53L	10.72L	12.83L	18.07L	18.54L
Operating Income	9L	8L	6L	20.33L	11.99L
Interest Expense, Total	-53.93T	-28.77T	-18.09T	-902	-203
Net Interest Expenses	-53.93T	-28.77T	-18.09T	-902	-203
Other Non Operating Income (Expenses)	2	-	-	-1	-1
EBT, Excl. Unusual Items	8L	7L	5L	20.32L	11.99L
Other Unusual Items	-4L	-	-	-	-
EBT, Incl. Unusual Items	4L	7L	5L	20.32L	11.99L
Income Tax Expense	75.11T	1L	2L	4L	3L
Earnings From Continuing Operations	3L	6L	4L	16.28L	9L
Net Income to Company	3L	6L	4L	16.28L	9L
Net Income - (IS)	3L	6L	4L	16.28L	9L
Net Income to Common Incl Extra Items	3L	6L	4L	16.28L	9L
Net Income to Common Excl. Extra Items	3L	6L	4L	16.28L	9L
Per Share Items
Net EPS - Basic	0.05	0.11	0.06	0.29	0.17
Basic EPS - Continuing Operations	0.05	0.11	0.06	0.29	0.17
Basic Weighted Average Shares Outstanding	54.27L	54.99L	60.35L	56.15L	54.93L
Net EPS - Diluted	0.05	0.11	0.06	0.28	0.16
Diluted EPS - Continuing Operations	0.05	0.11	0.06	0.28	0.16
Diluted Weighted Average Shares Outstanding	54.27L	54.99L	60.35L	58.15L	58.36L
Normalized Basic EPS	0.09	0.08	0.06	0.23	0.14
Normalized Diluted EPS	0.09	0.08	0.06	0.22	0.13
Dividend Per Share	0.5	0.1	0.15	0.55	0.2
Payout Ratio	2.86T	465.84	153.86	135.9	198.87
Supplemental Items
EBITDA	9L	8L	6L	20.41L	12.08L
EBITA	9L	8L	6L	20.33L	11.99L
EBIT	9L	8L	6L	20.33L	11.99L
EBITDAR	10.17L	9L	7L	21.83L	14.04L
Total Revenues (As Reported)	40.36L	37.96L	37.95L	70.18L	59.62L
Effective Tax Rate - (Ratio)	20.26	20.16	32.47	19.86	22.09
Normalized Net Income	5L	5L	3L	12.7L	7L
Supplemental Operating Expense Items
General and Administrative Expenses	10L	9L	11.59L	17.06L	17.22L
Net Rental Expense, Total	1L	1L	1L	1L	2L

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Cash And Equivalents	60.44L	16.44L	16.32L	34.53L	17.09L
Total Cash And Short Term Investments	60.44L	16.44L	16.32L	34.53L	17.09L
Accounts Receivable, Total	51.45T	4L	7L	6L	7L
Total Receivables	51.45T	4L	7L	6L	7L
Other Current Assets, Total	32.87T	29.19T	29.19T	28.26T	50.26T
Total Current Assets	61.29L	20.99L	23.33L	41.23L	25.1L
Gross Property Plant And Equipment	11.68T	61.18T	-	-	-
Accumulated Depreciation	-3.02T	-16.72T	-	-	-
Net Property Plant And Equipment	8.67T	44.46T	33.34T	25.01T	20.53T
Long-term Investments	1.36Cr	1.81Cr	2.25Cr	2.36Cr	2.55Cr
Deferred Charges Long-Term	17.29T	-	-	-	-
Other Long-Term Assets, Total	-1	-1	62.49T	4L	4L
Total Assets	1.98Cr	2.03Cr	2.5Cr	2.82Cr	2.84Cr
Liabilities
Accounts Payable, Total	53.71T	80.65T	1L	82.23T	33.79T
Accrued Expenses, Total	1L	1L	3L	6L	4L
Current Income Taxes Payable	3L	49.89T	9.14T	7L	2L
Other Current Liabilities	16.71L	18.44T	19.56T	27.44T	1L
Total Current Liabilities	21.15L	3L	5L	14.18L	8L
Pension & Other Post Retirement Benefits	17.22T	12.93T	14.76T	16.68T	18.9T
Deferred Tax Liability Non Current	27.04L	36.11L	44.93L	47.83L	51.6L
Other Non Current Liabilities	-1	1	-	-	-1
Total Liabilities	48.37L	38.94L	49.59L	62.17L	59.47L
Common Stock, Total	1L	1L	1L	1L	1L
Retained Earnings	27.9L	6L	4L	17.22L	15.43L
Comprehensive Income and Other	1.2Cr	1.56Cr	1.94Cr	2.01Cr	2.08Cr
Total Common Equity	1.49Cr	1.64Cr	2Cr	2.2Cr	2.25Cr
Total Equity	1.49Cr	1.64Cr	2Cr	2.2Cr	2.25Cr
Total Liabilities And Equity	1.98Cr	2.03Cr	2.5Cr	2.82Cr	2.84Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	54.99L	54.99L	55.71L	55.71L	55.71L
ECS Total Common Shares Outstanding	54.99L	54.99L	55.71L	55.71L	55.71L
Book Value / Share	2.71	2.98	3.59	3.94	4.04
Tangible Book Value	1.49Cr	1.64Cr	2Cr	2.2Cr	2.25Cr
Tangible Book Value Per Share	2.71	2.98	3.59	3.94	4.04
Total Debt	0	0	0	0	0
Net Debt	-60.44L	-16.44L	-16.32L	-34.53L	-17.09L
Debt Equivalent Oper. Leases	11.34L	10.9L	9L	11.35L	15.66L
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	11.68T	61.18T	-	-	-
Full Time Employees	8	9	9	11	13

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	3L	6L	4L	16.28L	9L
Depreciation & Amortization - CF	20.31T	32.1T	11.11T	8.34T	9.26T
Depreciation & Amortization, Total	20.31T	32.1T	11.11T	8.34T	9.26T
Other Operating Activities, Total	-26.96L	375	-327	3L	72.41T
Change In Accounts Receivable	1L	-4L	-3L	63.46T	-82.3T
Change in Other Net Operating Assets	17.6L	-18.49L	2L	3.59T	-10L
Cash from Operations	-5L	-15.97L	2L	19.56L	-31.1T
Capital Expenditure	-2.35T	-52.51T	-	-	-86.24T
Investment in Marketable and Equity Securities, Total	1.36Cr	-3.3T	-2.23T	20.77L	2L
Other Investing Activities, Total	2.43T	1.53T	1.56T	801	1.03T
Cash from Investing	1.36Cr	-54.28T	-670	20.78L	1L
Issuance of Common Stock	5L	-	3L	-	-
Common Dividends Paid	-84.58L	-27.5L	-6L	-22.13L	-18.57L
Common & Preferred Stock Dividends Paid	-84.58L	-27.5L	-6L	-22.13L	-18.57L
Cash from Financing	-79.55L	-27.5L	-3L	-22.13L	-18.57L
Net Change in Cash	51.3L	-44.01L	-12.12T	18.21L	-17.44L
Supplemental Items
Cash Interest Paid	53.93T	28.77T	18.09T	902	203
Cash Income Tax Paid (Refund)	27.17L	1L	2L	1L	2L
Levered Free Cash Flow	24.02L	-17.74L	3L	22.76L	-1L
Unlevered Free Cash Flow	24.35L	-17.56L	3L	22.77L	-1L
Change In Net Working Capital	-18.83L	22.15L	65.32T	-10L	8L

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	2.85	2.4	1.53	4.78	2.65
Return on Total Capital	3.69	3.07	1.9	6.05	3.37
Return On Equity %	2.04	3.77	1.99	7.76	4.2
Return on Common Equity	2.04	3.77	1.99	7.76	4.2
Margin Analysis
Gross Profit Margin %	50.14	48.88	48.88	55.42	52.15
SG&A Margin	28.05	27.16	33.95	26.67	32.76
EBITDA Margin %	21.85	21.25	15.04	29.46	20.64
EBITA Margin %	21.34	20.4	14.74	29.34	20.48
EBIT Margin %	21.34	20.4	14.74	29.34	20.48
Income From Continuing Operations Margin %	7.38	15.68	9.63	23.5	15.95
Net Income Margin %	7.38	15.68	9.63	23.5	15.95
Net Avail. For Common Margin %	7.38	15.68	9.63	23.5	15.95
Normalized Net Income Margin	12.5	12.27	8.91	18.33	12.8
Levered Free Cash Flow Margin	59.97	-47.11	7.47	32.85	-1.84
Unlevered Free Cash Flow Margin	60.81	-46.63	7.77	32.86	-1.84
Asset Turnover
Asset Turnover	0.21	0.19	0.17	0.26	0.21
Fixed Assets Turnover	444.98	141.74	96.64	237.47	257.12
Receivables Turnover (Average Receivables)	35	15.78	6.85	10.46	8.41
Short Term Liquidity
Current Ratio	2.9	7.76	5.17	2.91	3.27
Quick Ratio	2.88	7.66	5.1	2.89	3.2
Operating Cash Flow to Current Liabilities	-0.23	-5.91	0.54	1.38	-0.04
Days Sales Outstanding (Average Receivables)	10.43	23.13	53.3	35	43.39
Average Days Payable Outstanding	10.23	12.74	20.48	12.87	7.56
Long Term Solvency
Total Liabilities / Total Assets	24.49	19.21	19.86	22.06	20.9
EBIT / Interest Expense	15.85	26.7	30.65	2.25T	5.91T
EBITDA / Interest Expense	16.23	27.81	31.26	2.26T	5.95T
(EBITDA - Capex) / Interest Expense	16.18	25.99	31.26	2.26T	5.53T
Net Debt / EBITDA	-6.91	-2.05	-2.89	-1.69	-1.42
Net Debt / (EBITDA - Capex)	-6.93	-2.2	-2.89	-1.69	-1.52
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	24.05	-6	-0.15	84.29	-15.5
Gross Profit, 1 Yr. Growth %	36.77	-8.36	-0.14	108.93	-20.48
EBITDA, 1 Yr. Growth %	12.14	-8.56	-29.34	260.98	-40.81
EBITA, 1 Yr. Growth %	12.47	-10.15	-27.83	266.72	-41.03
EBIT, 1 Yr. Growth %	12.47	-10.15	-27.83	266.72	-41.03
Earnings From Cont. Operations, 1 Yr. Growth %	-48.72	99.6	-38.65	349.68	-42.65
Net Income, 1 Yr. Growth %	-48.72	99.6	-38.65	349.68	-42.65
Normalized Net Income, 1 Yr. Growth %	8.08	-7.69	-27.47	278.92	-41.01
Diluted EPS Before Extra, 1 Yr. Growth %	-49.63	114.67	-45.45	366.67	-42.86
Accounts Receivable, 1 Yr. Growth %	-70.97	727.08	57.89	-4.56	16.96
Net Property, Plant and Equip., 1 Yr. Growth %	-7.17	412.98	-25	-25	-17.91
Total Assets, 1 Yr. Growth %	11.67	2.65	23.17	12.82	0.97
Tangible Book Value, 1 Yr. Growth %	6.43	9.83	22.18	9.71	2.47
Common Equity, 1 Yr. Growth %	6.43	9.83	22.18	9.71	2.47
Cash From Operations, 1 Yr. Growth %	-167.02	223.2	-115.39	696.35	-101.59
Capital Expenditures, 1 Yr. Growth %	-	2.13T	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-	-173.85	-115.84	710.21	-104.74
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-172.09	-116.65	679.07	-104.73
Dividend Per Share, 1 Yr. Growth %	-	-80	50	266.67	-63.64
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	7.99	-3.12	35.65	24.79
Gross Profit, 2 Yr. CAGR %	-	11.96	-4.34	44.44	28.89
EBITDA, 2 Yr. CAGR %	-	1.26	-19.62	59.71	46.17
EBITA, 2 Yr. CAGR %	-	0.53	-19.47	62.68	47.06
EBIT, 2 Yr. CAGR %	-	0.53	-19.47	62.68	47.06
Earnings From Cont. Operations, 2 Yr. CAGR %	-	1.17	10.66	66.1	60.59
Net Income, 2 Yr. CAGR %	-	1.17	10.66	66.1	60.59
Normalized Net Income, 2 Yr. CAGR %	-	-0.11	-18.17	65.78	49.51
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-0.39	9.54	59.54	63.3
Accounts Receivable, 2 Yr. CAGR %	-	54.94	261.37	22.75	5.65
Net Property, Plant and Equip., 2 Yr. CAGR %	-	118.22	96.15	-25	-21.53
Total Assets, 2 Yr. CAGR %	-	7.06	12.44	17.88	6.73
Tangible Book Value, 2 Yr. CAGR %	-	8.12	15.84	15.78	6.03
Common Equity, 2 Yr. CAGR %	-	8.12	15.84	15.78	6.03
Cash From Operations, 2 Yr. CAGR %	-	47.18	-29.48	10.69	-64.42
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-65.8	13.28	-38.05
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-65.36	13.88	-39.3
Dividend Per Share, 2 Yr. CAGR %	-	-	-45.23	134.52	15.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	5.2	20.04	15.85
Gross Profit, 3 Yr. CAGR %	-	-	7.77	24.12	18.38
EBITDA, 3 Yr. CAGR %	-	-	-10.18	32.62	14.72
EBITA, 3 Yr. CAGR %	-	-	-9.98	33.48	16
EBIT, 3 Yr. CAGR %	-	-	-9.98	33.48	16
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-14.37	76.59	16.52
Net Income, 3 Yr. CAGR %	-	-	-14.37	76.59	16.52
Normalized Net Income, 3 Yr. CAGR %	-	-	-10.22	36.39	17.48
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-17.84	77.58	13.3
Accounts Receivable, 3 Yr. CAGR %	-	-	55.92	131.85	20.79
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	52.86	42.37	-22.71
Total Assets, 3 Yr. CAGR %	-	-	12.18	12.57	11.95
Tangible Book Value, 3 Yr. CAGR %	-	-	12.61	13.76	11.16
Common Equity, 3 Yr. CAGR %	-	-	12.61	13.76	11.16
Cash From Operations, 3 Yr. CAGR %	-	-	-30.67	58.21	-73.09
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	17.98
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-1.77	-60.68
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-2.22	-60.56
Dividend Per Share, 3 Yr. CAGR %	-	-	-	3.23	25.99
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	12.64
Gross Profit, 5 Yr. CAGR %	-	-	-	-	15.77
EBITDA, 5 Yr. CAGR %	-	-	-	-	9.13
EBITA, 5 Yr. CAGR %	-	-	-	-	9.54
EBIT, 5 Yr. CAGR %	-	-	-	-	9.54
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	10.12
Net Income, 5 Yr. CAGR %	-	-	-	-	10.12
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	10.1
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	8.14
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	33.44
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	17.07
Total Assets, 5 Yr. CAGR %	-	-	-	-	9.97
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	9.93
Common Equity, 5 Yr. CAGR %	-	-	-	-	9.93
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	-46.91