Arteche Lantegi Elkartea, S.A. ^ART.MC

Finances

	2024	2023	2022	2021	2020	2019
Revenue	447.414 M ^{9.65 %}	408.036 M ^{17.96 %}	345.903 M ^{22.65 %}	282.033 M ^{6.56 %}	264.680 M ^{3.78 %}	255.033 M
Net income	18.898 M ^{56.66 %}	12.063 M ^{56.95 %}	7.686 M ^{-10.03 %}	8.543 M ^{730.22 %}	1.029 M ^{15.23 %}	893.000 K
Income before tax	30.502 M ^{99.90 %}	15.259 M ^{41.48 %}	10.785 M ^{-22.10 %}	13.845 M ^{43.87 %}	9.623 M ^{92.15 %}	5.008 M
Income before tax ratio	0.07 ^{82.30 %}	0.04 ^{19.94 %}	0.03 ^{-36.49 %}	0.05 ^{35.02 %}	0.04 ^{85.15 %}	0.02
EBITDA	54.441 M ^{43.97 %}	37.815 M ^{25.09 %}	30.230 M ^{2.11 %}	29.604 M ^{14.90 %}	25.766 M ^{12.87 %}	22.829 M
Net income ratio	0.04 ^{42.87 %}	0.03 ^{33.05 %}	0.02 ^{-26.64 %}	0.03 ^{679.14 %}	0.00 ^{11.03 %}	0.00
Ratio EBITDA	0.12 ^{31.30 %}	0.09 ^{6.04 %}	0.09 ^{-16.74 %}	0.10 ^{7.83 %}	0.10 ^{8.75 %}	0.09
Gross profit ratio	0.52 ^{12.42 %}	0.46 ^{4.38 %}	0.44 ^{-6.09 %}	0.47 ^{-4.01 %}	0.49 ^{-0.65 %}	0.49
Weighted average shs out dil	57.267 M ^{-0.31 %}	57.443 M ^{0.61 %}	57.094 M ^{0.00 %}	57.094 M ^{0.00 %}	57.094 M ^{0.00 %}	57.094 M
Weighted average shs out	56.980 M ^{-0.81 %}	57.443 M ^{0.61 %}	57.094 M ^{0.00 %}	57.094 M ^{0.00 %}	57.094 M ^{0.00 %}	57.094 M
EPS diluted	0.33 ^{57.14 %}	0.21 ^{61.54 %}	0.13 ^{-13.33 %}	0.15 ^{733.33 %}	0.02 ^{15.38 %}	0.02
Earnings per share	0.33 ^{57.14 %}	0.21 ^{61.54 %}	0.13 ^{-13.33 %}	0.15 ^{733.33 %}	0.02 ^{15.38 %}	0.02
Gross profit	230.526 M ^{23.27 %}	187.007 M ^{23.13 %}	151.877 M ^{15.17 %}	131.867 M ^{2.29 %}	128.919 M ^{3.11 %}	125.031 M
Income tax expense	8.029 M ^{231.50 %}	2.422 M ^{-1.26 %}	2.453 M ^{-52.16 %}	5.128 M ^{106.94 %}	2.478 M ^{70.78 %}	1.451 M
Cost of revenue	216.888 M ^{-1.87 %}	221.029 M ^{16.06 %}	190.440 M ^{26.82 %}	150.166 M ^{10.61 %}	135.761 M ^{4.43 %}	130.002 M
General and administrative expenses	1.348 M ^{19.72 %}	1.126 M ^{16.32 %}	968.000 K ^{-63.85 %}	2.678 M ^{317.78 %}	641.000 K ^{-98.28 %}	37.221 M
Selling and marketing expenses	1.273 M ^{-10.16 %}	1.417 M ^{-3.74 %}	1.472 M ^{17.38 %}	1.254 M ^{27.18 %}	986.000 K	0.000
Other expenses	184.773 M ^{70.55 %}	108.342 M ^{23.80 %}	87.512 M ^{13.31 %}	77.235 M ^{8.51 %}	71.181 M ^{-4.51 %}	74.541 M
Operating expenses	191.596 M ^{17.71 %}	162.767 M ^{18.33 %}	137.555 M ^{15.73 %}	118.862 M ^{8.93 %}	109.119 M ^{-2.36 %}	111.762 M
Cost and expenses	408.484 M ^{6.43 %}	383.796 M ^{15.75 %}	331.581 M ^{23.25 %}	269.028 M ^{9.00 %}	246.816 M ^{2.09 %}	241.764 M
Research and development expenses	4.202 M ^{36.08 %}	3.088 M ^{8.27 %}	2.852 M ^{-2.66 %}	2.930 M ^{52.37 %}	1.923 M	0.000
Selling general and administrative expenses	2.621 M ^{-94.89 %}	51.337 M ^{8.79 %}	47.191 M ^{21.95 %}	38.697 M ^{7.45 %}	36.015 M ^{-3.24 %}	37.221 M
Interest income	-603.000 K ^{-241.22 %}	427.000 K	0.000 ^{-100.00 %}	4.000 K ^{-50.00 %}	8.000 K	0.000
Interest expense	8.735 M ^{10.04 %}	7.938 M ^{81.23 %}	4.380 M ^{-15.40 %}	5.177 M ^{-17.22 %}	6.254 M ^{2.29 %}	6.114 M
Depreciation and amortization	15.204 M ^{4.01 %}	14.618 M ^{-0.33 %}	14.667 M ^{26.28 %}	11.615 M ^{7.08 %}	10.847 M ^{-7.35 %}	11.707 M
Operating income	38.930 M ^{60.60 %}	24.240 M ^{69.25 %}	14.322 M ^{14.43 %}	12.516 M ^{-27.09 %}	17.167 M ^{30.51 %}	13.154 M
Operating income ratio	0.09 ^{46.47 %}	0.06 ^{43.48 %}	0.04 ^{-6.70 %}	0.04 ^{-31.58 %}	0.06 ^{25.75 %}	0.05
Total other income expenses net	-8.428 M ^{6.16 %}	-8.981 M ^{-153.92 %}	-3.537 M ^{-366.14 %}	1.329 M ^{117.62 %}	-7.544 M	0.000
	2024	2023	2022	2021	2020	2019

	2024	2023	2022	2021	2020	2019
Net debt	28.149 M ^{-35.24 %}	43.465 M ^{-24.08 %}	57.252 M ^{-5.38 %}	60.505 M ^{-15.35 %}	71.479 M ^{-8.08 %}	77.758 M
Total investments	1.107 M ^{-14.45 %}	1.294 M ^{-8.94 %}	1.421 M ^{15.34 %}	1.232 M ^{13.76 %}	1.083 M ^{-47.30 %}	2.055 M
Total debt	116.333 M ^{11.62 %}	104.225 M ^{-2.24 %}	106.614 M ^{-3.41 %}	110.380 M ^{8.89 %}	101.367 M ^{4.47 %}	97.029 M
Accumulated other comprehensive income loss	0.000 ^{100.00 %}	-94.423 M	0.000 ^{100.00 %}	-101.754 M ^{-15.89 %}	-87.805 M	0.000
Retained earnings	18.898 M ^{-82.23 %}	106.343 M ^{1 283.59 %}	7.686 M ^{-92.24 %}	99.042 M ^{19.45 %}	82.918 M ^{399.19 %}	-27.714 M
Common stock	5.709 M ^{0.00 %}	5.709 M ^{0.00 %}	5.709 M ^{0.00 %}	5.709 M ^{15.38 %}	4.948 M ^{0.77 %}	4.910 M
Total equity	83.786 M ^{13.36 %}	73.910 M ^{-25.70 %}	99.475 M ^{8.63 %}	91.571 M ^{64.43 %}	55.690 M ^{3.44 %}	53.840 M
Other non current liabilities	7.381 M ^{140.66 %}	3.067 M ^{44.40 %}	2.124 M ^{-77.46 %}	9.425 M ^{217.77 %}	2.966 M ^{122.32 %}	-13.291 M
Long term debt	71.409 M ^{8.49 %}	65.818 M ^{8.39 %}	60.722 M ^{-5.28 %}	64.104 M ^{2.23 %}	62.707 M ^{62.77 %}	38.526 M
Total non current liabilities	82.759 M ^{12.91 %}	73.298 M ^{7.18 %}	68.389 M ^{-10.54 %}	76.450 M ^{7.92 %}	70.837 M ^{180.71 %}	25.235 M
Other current liabilities	77.627 M ^{62.55 %}	47.756 M ^{-6.44 %}	51.041 M ^{2 210.88 %}	-2.418 M ^{-106.98 %}	34.624 M ^{-20.44 %}	43.519 M
Deferred revenue	0.000	0.000	0.000 ^{-100.00 %}	39.801 M	0.000	0.000
Short term debt	44.924 M ^{16.97 %}	38.407 M ^{-16.31 %}	45.892 M ^{-0.83 %}	46.276 M ^{19.70 %}	38.660 M ^{-32.29 %}	57.096 M
Total current liabilities	205.541 M ^{13.85 %}	180.544 M ^{-0.81 %}	182.012 M ^{21.05 %}	150.359 M ^{16.20 %}	129.401 M ^{-18.46 %}	158.698 M
Total liabilities	288.300 M ^{13.57 %}	253.842 M ^{15.40 %}	219.969 M ^{13.53 %}	193.752 M ^{13.57 %}	170.607 M ^{-7.25 %}	183.933 M
Other non current assets	5.311 M ^{45.83 %}	3.642 M ^{-31.85 %}	5.344 M ^{49.57 %}	3.573 M ^{-36.33 %}	5.612 M ^{38.33 %}	4.057 M
Long term investments	-744.000 K ^{-151.35 %}	-296.000 K ^{57.35 %}	-694.000 K ^{-50.22 %}	-462.000 K ^{64.13 %}	-1.288 M ^{-3 402.56 %}	39.000 K
Intangible assets	31.184 M ^{282.16 %}	8.160 M ^{-69.50 %}	26.752 M ^{8.90 %}	24.566 M ^{9.25 %}	22.487 M ^{-0.48 %}	22.595 M
GoodWill	10.390 M ^{-29.53 %}	14.744 M ^{-32.98 %}	22.000 M ^{-9.45 %}	24.297 M ^{133.00 %}	10.428 M ^{-19.05 %}	12.882 M
Goodwill and intangible assets	41.574 M ^{-4.13 %}	43.364 M ^{-11.05 %}	48.752 M ^{-0.23 %}	48.863 M ^{48.45 %}	32.915 M ^{-7.22 %}	35.477 M
Property plant equipment net	41.979 M ^{20.24 %}	34.914 M ^{7.29 %}	32.542 M ^{17.72 %}	27.644 M ^{18.03 %}	23.421 M ^{11.77 %}	20.955 M
Total non current assets	114.406 M ^{7.25 %}	106.675 M ^{-1.91 %}	108.750 M ^{6.94 %}	101.690 M ^{19.72 %}	84.942 M ^{0.16 %}	84.808 M
Other current assets	17.530 M ^{-36.17 %}	27.463 M ^{44.53 %}	19.001 M ^{8.76 %}	17.471 M ^{106.17 %}	8.474 M ^{-42.71 %}	14.791 M
Short term investments	1.851 M ^{16.42 %}	1.590 M ^{-24.82 %}	2.115 M ^{24.85 %}	1.694 M ^{-28.55 %}	2.371 M ^{17.61 %}	2.016 M
cash and cash equivalents	88.184 M ^{45.13 %}	60.760 M ^{8.09 %}	56.213 M ^{-4.25 %}	58.709 M ^{92.11 %}	30.560 M ^{58.58 %}	19.271 M
Cash and short term investments	90.035 M ^{44.40 %}	62.350 M ^{6.90 %}	58.328 M ^{-3.44 %}	60.403 M ^{61.13 %}	37.488 M ^{76.11 %}	21.287 M
Total current assets	257.680 M ^{16.56 %}	221.077 M ^{4.93 %}	210.694 M ^{14.74 %}	183.633 M ^{29.91 %}	141.355 M ^{-7.59 %}	152.965 M
Inventory	76.837 M ^{-5.14 %}	81.004 M ^{12.22 %}	72.180 M ^{16.82 %}	61.786 M ^{23.63 %}	49.976 M ^{-8.80 %}	54.796 M
Net receivables	73.278 M ^{45.80 %}	50.260 M ^{-17.86 %}	61.185 M ^{39.14 %}	43.973 M ^{-3.18 %}	45.417 M ^{-26.85 %}	62.091 M
Tax assets	26.286 M ^{4.93 %}	25.051 M ^{9.84 %}	22.806 M ^{3.33 %}	22.072 M ^{-9.10 %}	24.282 M ^{0.01 %}	24.280 M
Other assets	0.000	0.000	0.000	0.000	0.000	0.000
Account payables	65.696 M ^{-19.01 %}	81.121 M ^{8.25 %}	74.937 M ^{25.11 %}	59.899 M ^{20.49 %}	49.714 M ^{-3.69 %}	51.617 M
Tax payables	17.294 M ^{30.42 %}	13.260 M ^{30.74 %}	10.142 M ^{49.13 %}	6.801 M ^{6.22 %}	6.403 M ^{-0.97 %}	6.466 M
Deferred revenue non current	658.000 K ^{-37.75 %}	1.057 M ^{-33.85 %}	1.598 M ^{-12.87 %}	1.834 M ^{-19.03 %}	2.265 M ^{-43.30 %}	3.995 M
Minority interest	7.832 M ^{18.56 %}	6.606 M ^{6.93 %}	6.178 M ^{8.16 %}	5.712 M ^{12.97 %}	5.056 M	0.000
Capital lease obligations	181.000 K ^{-10.84 %}	203.000 K ^{19.41 %}	170.000 K ^{-82.98 %}	999.000 K ^{14.56 %}	872.000 K	0.000
Preferred stock	0.000 ^{-100.00 %}	648.000 K	0.000	0.000	0.000	0.000
Other total stockholders equity	59.179 M ^{6.37 %}	55.633 M ^{-35.37 %}	86.080 M ^{72.83 %}	49.805 M ^{137.82 %}	20.942 M ^{-72.68 %}	76.644 M
Deferred tax liabilities non current	3.311 M ^{-1.34 %}	3.356 M ^{-14.74 %}	3.936 M ^{34.75 %}	2.921 M ^{0.76 %}	2.899 M ^{31.06 %}	2.212 M
Other liabilities	0.000	0.000	0.000	0.000	0.000	0.000
Total assets	372.086 M ^{13.53 %}	327.752 M ^{2.60 %}	319.444 M ^{11.96 %}	285.323 M ^{26.08 %}	226.297 M ^{-4.83 %}	237.773 M
	2024	2023	2022	2021	2020	2019

	2024	2023	2022	2021	2020	2019
Deferred income tax	0.000	0.000	0.000	0.000	0.000	0.000
Stock based compensation	0.000	0.000	0.000	0.000	0.000	0.000
Change in working capital	-50.000 K ^{92.55 %}	-671.000 K ^{-329.01 %}	293.000 K ^{102.75 %}	-10.651 M ^{-1 602.26 %}	709.000 K ^{-87.61 %}	5.722 M
Accounts receivables	-12.977 M ^{-351.25 %}	5.165 M ^{129.05 %}	-17.778 M ^{-265.50 %}	-4.864 M ^{-127.32 %}	17.806 M	0.000
Inventory	7.825 M ^{162.82 %}	-12.456 M ^{-20.16 %}	-10.366 M ^{-6.83 %}	-9.703 M ^{-270.89 %}	5.678 M ^{170.93 %}	-8.005 M
Accounts payables	8.705 M ^{-37.49 %}	13.925 M ^{-48.45 %}	27.014 M ^{267.74 %}	7.346 M ^{153.31 %}	-13.781 M	0.000
Other working capital	-3.603 M ^{50.68 %}	-7.305 M ^{-612.99 %}	1.424 M ^{141.52 %}	-3.430 M ^{61.86 %}	-8.994 M ^{-165.52 %}	13.727 M
Other non cash items	-3.834 M ^{-277.17 %}	2.164 M ^{153.84 %}	-4.019 M ^{42.20 %}	-6.953 M ^{-244.13 %}	4.824 M ^{211.83 %}	1.547 M
Net cash provided by operating activities	41.822 M ^{33.32 %}	31.370 M ^{44.39 %}	21.726 M ^{176.55 %}	7.856 M ^{-62.11 %}	20.732 M ^{-5.03 %}	21.830 M
Investments in property plant and equipment	-11.855 M ^{-56.13 %}	-7.593 M ^{45.69 %}	-13.981 M ^{-15.03 %}	-12.154 M ^{-4.09 %}	-11.676 M ^{0.29 %}	-11.710 M
Acquisitions net	88.000 K ^{101.34 %}	-6.543 M ^{-22.39 %}	-5.346 M ^{40.99 %}	-9.059 M ^{-273.05 %}	5.235 M	0.000
Purchases of investments	0.000 ^{100.00 %}	-6.023 M ^{-311.97 %}	-1.462 M ^{-124.34 %}	6.007 M ^{574.11 %}	-1.267 M ^{-171.89 %}	-466.000 K
Sales maturities of investments	1.027 M ^{-84.42 %}	6.593 M ^{83.39 %}	3.595 M ^{-28.73 %}	5.044 M ^{3 528.78 %}	139.000 K	0.000
Other investing activites	-11.879 M ^{-42.97 %}	-8.309 M ^{-64 015.38 %}	13.000 K ^{100.25 %}	-5.191 M ^{-0.93 %}	-5.143 M ^{-7 447.14 %}	70.000 K
Net cash used for investing activites	-22.619 M ^{-3.40 %}	-21.875 M ^{-27.32 %}	-17.181 M ^{-11.91 %}	-15.353 M ^{-20.78 %}	-12.712 M ^{-5.01 %}	-12.106 M
Debt repayment	13.294 M ^{582.89 %}	-2.753 M ^{40.17 %}	-4.601 M ^{-158.21 %}	7.904 M ^{219.61 %}	2.473 M ^{150.88 %}	-4.860 M
Common stock issued	0.000	0.000	0.000 ^{-100.00 %}	27.422 M	0.000 ^{-100.00 %}	3.689 M
Common stock repurchased	-70.000 K ^{-3 400.00 %}	-2.000 K ^{98.44 %}	-128.000 K ^{65.87 %}	-375.000 K	0.000	0.000
Dividends paid	-6.032 M ^{-161.58 %}	-2.306 M ^{10.03 %}	-2.563 M	0.000	0.000	0.000
Other financing activites	1.029 M ^{810.62 %}	113.000 K ^{-54.98 %}	251.000 K ^{-63.88 %}	695.000 K ^{-12.69 %}	796.000 K ^{91.81 %}	415.000 K
Net cash used provided by financing activities	8.221 M ^{266.15 %}	-4.948 M ^{29.73 %}	-7.041 M ^{-119.75 %}	35.646 M ^{990.43 %}	3.269 M ^{532.41 %}	-756.000 K
Effect of forex changes on cash	0.000	0.000	0.000	0.000	0.000	0.000
Net change in cash	27.424 M ^{503.12 %}	4.547 M ^{282.17 %}	-2.496 M ^{-108.87 %}	28.149 M ^{149.35 %}	11.289 M ^{25.88 %}	8.968 M
Cash at beginning of period	60.760 M ^{8.09 %}	56.213 M ^{-4.25 %}	58.709 M ^{92.11 %}	30.560 M ^{58.58 %}	19.271 M ^{87.04 %}	10.303 M
Cash at end of period	88.184 M ^{45.13 %}	60.760 M ^{8.09 %}	56.213 M ^{-4.25 %}	58.709 M ^{92.11 %}	30.560 M ^{58.58 %}	19.271 M
Operating cash flow	41.822 M ^{33.32 %}	31.370 M ^{44.39 %}	21.726 M ^{176.55 %}	7.856 M ^{-62.11 %}	20.732 M ^{-5.03 %}	21.830 M
Capital expenditure	-20.718 M ^{-28.66 %}	-16.103 M ^{-15.18 %}	-13.981 M ^{-15.03 %}	-12.154 M ^{-4.09 %}	-11.676 M ^{0.29 %}	-11.710 M
Free CashFlow	21.104 M ^{38.23 %}	15.267 M ^{97.12 %}	7.745 M ^{280.20 %}	-4.298 M ^{-147.46 %}	9.056 M ^{-10.51 %}	10.120 M
	2024	2023	2022	2021	2020	2019

	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30
Revenue	259.116 M ^{16.44 %}	222.538 M ^{-2.34 %}	227.881 M ^{4.90 %}	217.228 M ^{13.85 %}	190.808 M ^{97.50 %}	96.613 M ^{-61.24 %}	249.290 M
Net income	19.909 M ^{73.38 %}	11.483 M ^{54.86 %}	7.415 M ^{-4.67 %}	7.778 M ^{81.52 %}	4.285 M ^{84.46 %}	2.323 M ^{-56.68 %}	5.363 M
Income before tax	25.647 M ^{31.69 %}	19.475 M ^{76.61 %}	11.027 M ^{16.63 %}	9.455 M ^{62.90 %}	5.804 M ^{96.01 %}	2.961 M ^{-62.15 %}	7.824 M
Income before tax ratio	0.10 ^{13.10 %}	0.09 ^{80.85 %}	0.05 ^{11.17 %}	0.04 ^{43.09 %}	0.03 ^{-0.75 %}	0.03 ^{-2.35 %}	0.03
EBITDA	34.899 M ^{11.64 %}	31.260 M ^{50.47 %}	20.775 M ^{11.78 %}	18.586 M ^{18.98 %}	15.621 M ^{237.53 %}	4.628 M ^{-81.92 %}	25.602 M
Net income ratio	0.08 ^{48.90 %}	0.05 ^{58.58 %}	0.03 ^{-9.12 %}	0.04 ^{59.44 %}	0.02 ^{-6.60 %}	0.02 ^{11.77 %}	0.02
Ratio EBITDA	0.13 ^{-4.12 %}	0.14 ^{54.08 %}	0.09 ^{6.55 %}	0.09 ^{4.51 %}	0.08 ^{70.90 %}	0.05 ^{-53.36 %}	0.10
Gross profit ratio	0.50 ^{119.40 %}	0.23 ^{-52.75 %}	0.49 ^{7.70 %}	0.45 ^{-3.56 %}	0.47 ^{7.64 %}	0.43 ^{-1.59 %}	0.44
Weighted average shs out dil	57.094 M ^{0.19 %}	56.984 M ^{0.05 %}	56.958 M ^{-0.47 %}	57.229 M ^{0.47 %}	56.959 M ^{-0.48 %}	57.234 M ^{0.25 %}	57.094 M
Weighted average shs out	57.909 M ^{1.62 %}	56.984 M ^{0.04 %}	56.959 M ^{-0.47 %}	57.230 M ^{0.47 %}	56.960 M ^{-0.48 %}	57.235 M ^{0.25 %}	57.094 M
EPS diluted	0.34 ^{70.00 %}	0.20 ^{53.61 %}	0.13 ^{-4.26 %}	0.14 ^{80.85 %}	0.08 ^{85.22 %}	0.04 ^{-54.59 %}	0.09
Earnings per share	0.34 ^{70.00 %}	0.20 ^{53.61 %}	0.13 ^{-4.26 %}	0.14 ^{80.85 %}	0.08 ^{85.22 %}	0.04 ^{-54.59 %}	0.09
Gross profit	130.350 M ^{155.47 %}	51.024 M ^{-53.85 %}	110.570 M ^{12.98 %}	97.868 M ^{9.79 %}	89.139 M ^{112.58 %}	41.933 M ^{-61.86 %}	109.945 M
Income tax expense	4.551 M ^{-9.31 %}	5.018 M ^{66.66 %}	3.011 M ^{149.88 %}	1.205 M ^{-0.99 %}	1.217 M ^{183.35 %}	429.500 K ^{-78.77 %}	2.024 M
Cost of revenue	128.766 M ^{-24.92 %}	171.514 M ^{46.20 %}	117.311 M ^{-1.72 %}	119.360 M ^{17.40 %}	101.669 M ^{85.93 %}	54.681 M ^{-59.72 %}	135.760 M
General and administrative expenses	8.000 K	0.000 ^{-100.00 %}	33.000 K ^{-94.41 %}	590.000 K ^{1 585.71 %}	35.000 K ^{-39.13 %}	57.500 K ^{-93.68 %}	910.500 K
Selling and marketing expenses	526.000 K	0.000 ^{-100.00 %}	630.000 K ^{7.33 %}	587.000 K ^{-29.28 %}	830.000 K ^{106.72 %}	401.500 K ^{-62.49 %}	1.071 M
Other expenses	29.404 M ^{5 085.89 %}	567.000 K ^{-98.06 %}	29.277 M ^{1.55 %}	28.830 M ^{13.15 %}	25.480 M ^{99.06 %}	12.800 M ^{-82.87 %}	74.712 M
Operating expenses	99.763 M ^{236.83 %}	29.618 M ^{-68.13 %}	92.932 M ^{12.09 %}	82.909 M ^{3.82 %}	79.858 M ^{112.05 %}	37.660 M ^{-62.30 %}	99.896 M
Cost and expenses	228.529 M ^{13.62 %}	201.132 M ^{-4.33 %}	210.243 M ^{3.94 %}	202.269 M ^{11.43 %}	181.527 M ^{96.59 %}	92.340 M ^{-61.40 %}	239.241 M
Research and development expenses	5.308 M	0.000 ^{-100.00 %}	4.451 M ^{482.59 %}	764.000 K ^{-41.86 %}	1.314 M ^{64.56 %}	798.500 K ^{-61.12 %}	2.054 M
Selling general and administrative expenses	65.051 M ^{123.92 %}	29.051 M ^{-50.93 %}	59.204 M ^{11.05 %}	53.315 M ^{0.47 %}	53.064 M ^{120.54 %}	24.061 M ^{4.03 %}	23.130 M
Interest income	0.000 ^{-100.00 %}	1.098 M ^{81.19 %}	606.000 K	0.000	0.000	0.000	0.000
Interest expense	0.000 ^{-100.00 %}	4.281 M ^{-54.63 %}	9.436 M	0.000	0.000	0.000 ^{-100.00 %}	4.380 M
Depreciation and amortization	3.692 M ^{-50.80 %}	7.504 M ^{50.93 %}	4.972 M ^{12.23 %}	4.430 M ^{-40.03 %}	7.387 M ^{596.23 %}	1.061 M ^{-92.20 %}	13.606 M
Operating income	30.587 M ^{42.89 %}	21.406 M ^{21.36 %}	17.638 M ^{17.91 %}	14.959 M ^{61.18 %}	9.281 M ^{117.20 %}	4.273 M ^{-57.48 %}	10.049 M
Operating income ratio	0.12 ^{22.72 %}	0.10 ^{24.28 %}	0.08 ^{12.40 %}	0.07 ^{41.58 %}	0.05 ^{9.98 %}	0.04 ^{9.72 %}	0.04
Total other income expenses net	-4.940 M ^{-155.83 %}	-1.931 M ^{70.79 %}	-6.611 M ^{-20.11 %}	-5.504 M ^{-58.30 %}	-3.477 M ^{-165.02 %}	-1.312 M ^{41.03 %}	-2.225 M
	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30

	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30	2020-12-31
Net debt	44.276 M ^{57.29 %}	28.149 M ^{-31.64 %}	41.180 M ^{-5.26 %}	43.465 M ^{-29.82 %}	61.937 M ^{8.18 %}	57.252 M ^{-9.14 %}	63.013 M ^{4.15 %}	60.505 M ^{25.32 %}	48.280 M ^{-32.46 %}	71.479 M
Total investments	12.207 M ^{1 002.71 %}	1.107 M ^{-71.89 %}	3.938 M ^{204.33 %}	1.294 M ^{-0.23 %}	1.297 M ^{-8.73 %}	1.421 M ^{7.41 %}	1.323 M ^{7.39 %}	1.232 M ^{22.47 %}	1.006 M ^{-7.11 %}	1.083 M
Total debt	118.524 M ^{1.88 %}	116.333 M ^{11.28 %}	104.537 M ^{0.30 %}	104.225 M ^{-13.02 %}	119.828 M ^{5.61 %}	113.465 M ^{0.72 %}	112.655 M ^{-5.50 %}	119.214 M ^{10.53 %}	107.859 M ^{5.70 %}	102.039 M
Accumulated other comprehensive income loss	-87.337 M ^{-573.94 %}	18.428 M ^{121.95 %}	-83.971 M ^{11.07 %}	-94.423 M	0.000	0.000	0.000	0.000	0.000	0.000
Retained earnings	112.838 M ^{497.09 %}	18.898 M ^{-80.28 %}	95.815 M ^{-9.90 %}	106.343 M ^{2 381.75 %}	4.285 M ^{-44.25 %}	7.686 M ^{152.83 %}	3.040 M ^{-64.42 %}	8.543 M ^{533.75 %}	1.348 M ^{31.00 %}	1.029 M
Common stock	5.709 M ^{0.00 %}	5.709 M ^{0.00 %}	5.709 M ^{0.00 %}	5.709 M ^{0.00 %}	5.709 M ^{0.00 %}	5.709 M ^{0.00 %}	5.709 M ^{0.00 %}	5.709 M ^{0.00 %}	5.709 M ^{15.38 %}	4.948 M
Total equity	88.198 M ^{5.27 %}	83.786 M ^{12.08 %}	74.758 M ^{1.15 %}	73.910 M ^{-27.77 %}	102.331 M ^{2.87 %}	99.475 M ^{2.43 %}	97.113 M ^{6.05 %}	91.571 M ^{7.97 %}	84.809 M ^{52.29 %}	55.690 M
Other non current liabilities	14.149 M ^{91.69 %}	7.381 M ^{136.19 %}	3.125 M ^{1.89 %}	3.067 M ^{112.28 %}	-24.981 M ^{-9.73 %}	-22.765 M ^{-8.69 %}	-20.945 M ^{-1.13 %}	-20.711 M ^{3.47 %}	-21.455 M ^{0.21 %}	-21.501 M
Long term debt	69.521 M ^{-2.64 %}	71.409 M ^{11.85 %}	63.845 M ^{-3.00 %}	65.818 M ^{-9.91 %}	73.054 M ^{20.31 %}	60.722 M ^{-0.82 %}	61.221 M ^{-4.50 %}	64.104 M ^{-8.34 %}	69.936 M ^{11.53 %}	62.707 M
Total non current liabilities	83.670 M ^{1.10 %}	82.759 M ^{16.53 %}	71.021 M ^{-3.11 %}	73.298 M ^{52.47 %}	48.073 M ^{26.65 %}	37.957 M ^{-5.76 %}	40.276 M ^{-7.18 %}	43.393 M ^{-10.49 %}	48.481 M ^{17.66 %}	41.206 M
Other current liabilities	92.732 M ^{19.46 %}	77.627 M ^{28.11 %}	60.592 M ^{25.55 %}	48.261 M ^{2.58 %}	47.049 M ^{-7.82 %}	51.041 M ^{17.31 %}	43.510 M ^{1 899.42 %}	-2.418 M ^{-106.87 %}	35.188 M ^{1.63 %}	34.624 M
Deferred revenue	0.000	0.000 ^{100.00 %}	-367.000 K	0.000	0.000	0.000	0.000 ^{-100.00 %}	39.801 M	0.000	0.000
Short term debt	49.003 M ^{9.08 %}	44.924 M ^{9.41 %}	41.059 M ^{8.33 %}	37.902 M ^{-18.15 %}	46.308 M ^{0.91 %}	45.892 M ^{4.55 %}	43.896 M ^{-5.14 %}	46.276 M ^{23.54 %}	37.458 M ^{-3.11 %}	38.660 M
Total current liabilities	213.186 M ^{3.72 %}	205.541 M ^{10.65 %}	185.763 M ^{2.89 %}	180.544 M ^{-0.72 %}	181.862 M ^{-0.08 %}	182.012 M ^{8.12 %}	168.338 M ^{11.96 %}	150.359 M ^{19.24 %}	126.095 M ^{-2.55 %}	129.401 M
Total liabilities	296.856 M ^{2.97 %}	288.300 M ^{12.27 %}	256.784 M ^{1.16 %}	253.842 M ^{10.40 %}	229.935 M ^{4.53 %}	219.969 M ^{5.44 %}	208.614 M ^{7.67 %}	193.752 M ^{10.98 %}	174.576 M ^{2.33 %}	170.607 M
Other non current assets	49.159 M ^{825.61 %}	5.311 M ^{-89.01 %}	48.326 M ^{1 226.91 %}	3.642 M ^{-18.96 %}	4.494 M ^{-15.91 %}	5.344 M ^{8.13 %}	4.942 M ^{38.32 %}	3.573 M ^{-15.65 %}	4.236 M ^{-24.52 %}	5.612 M
Long term investments	4.476 M ^{701.61 %}	-744.000 K ^{-145.90 %}	1.621 M ^{647.64 %}	-296.000 K ^{-35.78 %}	-218.000 K ^{68.59 %}	-694.000 K ^{1.28 %}	-703.000 K ^{-52.16 %}	-462.000 K ^{63.68 %}	-1.272 M ^{1.24 %}	-1.288 M
Intangible assets	7.876 M ^{-74.74 %}	31.184 M ^{278.72 %}	8.234 M ^{-71.23 %}	28.620 M ^{5.65 %}	27.090 M ^{1.26 %}	26.752 M ^{2.95 %}	25.986 M ^{5.78 %}	24.566 M ^{8.27 %}	22.690 M ^{0.90 %}	22.487 M
GoodWill	14.207 M ^{36.74 %}	10.390 M ^{-17.76 %}	12.634 M ^{-14.31 %}	14.744 M ^{-14.79 %}	17.304 M ^{-21.35 %}	22.000 M ^{-14.33 %}	25.679 M ^{5.69 %}	24.297 M ^{164.13 %}	9.199 M ^{-11.79 %}	10.428 M
Goodwill and intangible assets	22.083 M ^{-46.88 %}	41.574 M ^{99.22 %}	20.868 M ^{-51.88 %}	43.364 M ^{-2.32 %}	44.394 M ^{-8.94 %}	48.752 M ^{-5.64 %}	51.665 M ^{5.73 %}	48.863 M ^{53.23 %}	31.889 M ^{-3.12 %}	32.915 M
Property plant equipment net	40.656 M ^{-3.15 %}	41.979 M ^{20.43 %}	34.858 M ^{-0.16 %}	34.914 M ^{6.97 %}	32.639 M ^{0.30 %}	32.542 M ^{10.85 %}	29.356 M ^{6.19 %}	27.644 M ^{16.06 %}	23.819 M ^{1.70 %}	23.421 M
Total non current assets	116.374 M ^{1.72 %}	114.406 M ^{8.26 %}	105.673 M ^{-0.94 %}	106.675 M ^{1.12 %}	105.498 M ^{-2.99 %}	108.750 M ^{1.23 %}	107.428 M ^{5.64 %}	101.690 M ^{23.00 %}	82.676 M ^{-2.67 %}	84.942 M
Other current assets	24.731 M ^{41.08 %}	17.530 M ^{-23.56 %}	22.934 M ^{-0.73 %}	23.102 M ^{-8.69 %}	25.301 M ^{-4.32 %}	26.444 M ^{4.64 %}	25.271 M ^{7.94 %}	23.413 M ^{29.57 %}	18.070 M ^{-9.92 %}	20.061 M
Short term investments	7.731 M ^{317.67 %}	1.851 M ^{-20.11 %}	2.317 M ^{45.72 %}	1.590 M ^{4.95 %}	1.515 M ^{-28.37 %}	2.115 M ^{4.39 %}	2.026 M ^{19.60 %}	1.694 M ^{-25.64 %}	2.278 M ^{-3.92 %}	2.371 M
cash and cash equivalents	74.248 M ^{-15.80 %}	88.184 M ^{39.19 %}	63.357 M ^{4.27 %}	60.760 M ^{4.96 %}	57.891 M ^{2.99 %}	56.213 M ^{13.24 %}	49.642 M ^{-15.44 %}	58.709 M ^{-1.46 %}	59.579 M ^{94.96 %}	30.560 M
Cash and short term investments	81.979 M ^{-8.95 %}	90.035 M ^{37.09 %}	65.674 M ^{1.28 %}	64.846 M ^{9.16 %}	59.406 M ^{1.85 %}	58.328 M ^{12.89 %}	51.668 M ^{-14.46 %}	60.403 M ^{-2.35 %}	61.857 M ^{87.84 %}	32.931 M
Total current assets	268.680 M ^{4.27 %}	257.680 M ^{14.08 %}	225.869 M ^{2.17 %}	221.077 M ^{-2.51 %}	226.768 M ^{7.63 %}	210.694 M ^{6.25 %}	198.299 M ^{7.99 %}	183.633 M ^{3.92 %}	176.709 M ^{25.01 %}	141.355 M
Inventory	80.716 M ^{5.05 %}	76.837 M ^{-5.64 %}	81.428 M ^{-1.74 %}	82.869 M ^{-4.08 %}	86.391 M ^{21.30 %}	71.220 M ^{-2.98 %}	73.407 M ^{20.08 %}	61.132 M ^{14.37 %}	53.449 M ^{10.43 %}	48.400 M
Net receivables	81.254 M ^{10.88 %}	73.278 M ^{31.24 %}	55.833 M ^{11.09 %}	50.260 M ^{-18.07 %}	61.342 M ^{0.26 %}	61.185 M ^{10.26 %}	55.494 M ^{26.20 %}	43.973 M ^{-7.70 %}	47.639 M ^{4.89 %}	45.417 M
Tax assets	0.000 ^{-100.00 %}	26.286 M	0.000 ^{-100.00 %}	25.051 M ^{3.56 %}	24.189 M ^{6.06 %}	22.806 M ^{2.88 %}	22.168 M ^{0.43 %}	22.072 M ^{-8.05 %}	24.004 M ^{-1.14 %}	24.282 M
Other assets	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Account payables	71.451 M ^{8.76 %}	65.696 M ^{-11.02 %}	73.836 M ^{-8.98 %}	81.121 M ^{0.15 %}	81.002 M ^{8.09 %}	74.937 M ^{-0.43 %}	75.259 M ^{25.64 %}	59.899 M ^{19.48 %}	50.131 M ^{0.84 %}	49.714 M
Tax payables	0.000 ^{-100.00 %}	17.294 M ^{62.49 %}	10.643 M ^{-19.74 %}	13.260 M ^{76.73 %}	7.503 M ^{-26.02 %}	10.142 M ^{78.78 %}	5.673 M ^{-16.59 %}	6.801 M ^{104.97 %}	3.318 M ^{-48.18 %}	6.403 M
Deferred revenue non current	0.000 ^{-100.00 %}	658.000 K ^{-15.53 %}	779.000 K ^{-26.30 %}	1.057 M ^{-64.08 %}	2.943 M ^{-16.72 %}	3.534 M ^{-0.79 %}	3.562 M ^{-2.76 %}	3.663 M ^{4.09 %}	3.519 M ^{-7.54 %}	3.806 M
Minority interest	7.398 M ^{-5.54 %}	7.832 M ^{5.31 %}	7.437 M ^{12.58 %}	6.606 M	0.000	0.000	0.000	0.000	0.000	0.000
Capital lease obligations	138.000 K ^{-23.76 %}	181.000 K ^{63.06 %}	111.000 K ^{-45.32 %}	203.000 K ^{67.77 %}	121.000 K ^{-28.82 %}	170.000 K ^{-84.46 %}	1.094 M ^{9.51 %}	999.000 K ^{6.73 %}	936.000 K ^{7.34 %}	872.000 K
Preferred stock	0.000	0.000	0.000 ^{-100.00 %}	648.000 K	0.000	0.000	0.000	0.000	0.000	0.000
Other total stockholders equity	49.590 M ^{-0.03 %}	49.605 M ^{-0.33 %}	49.768 M ^{-10.54 %}	55.633 M ^{-39.75 %}	92.337 M ^{7.27 %}	86.080 M ^{-2.58 %}	88.364 M ^{-50.65 %}	179.073 M ^{12.70 %}	158.895 M ^{691.23 %}	20.082 M
Deferred tax liabilities non current	0.000 ^{-100.00 %}	3.311 M ^{1.19 %}	3.272 M ^{-2.50 %}	3.356 M ^{-23.66 %}	4.396 M ^{11.69 %}	3.936 M ^{15.43 %}	3.410 M ^{16.74 %}	2.921 M ^{-6.74 %}	3.132 M ^{8.04 %}	2.899 M
Other liabilities	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Total assets	385.054 M ^{3.49 %}	372.086 M ^{12.23 %}	331.542 M ^{1.16 %}	327.752 M ^{-1.36 %}	332.266 M ^{4.01 %}	319.444 M ^{4.49 %}	305.727 M ^{7.15 %}	285.323 M ^{10.00 %}	259.385 M ^{14.62 %}	226.297 M
	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30	2020-12-31

	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30
Deferred income tax	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Stock based compensation	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Change in working capital	-18.982 M ^{-2 542.99 %}	777.000 K ^{114.61 %}	-5.320 M ^{-361.55 %}	2.034 M ^{112.23 %}	-16.630 M ^{-530.16 %}	-2.639 M ^{-190.01 %}	2.932 M
Accounts receivables	-13.410 M ^{-34.54 %}	-9.967 M ^{-231.13 %}	-3.010 M ^{-153.50 %}	5.626 M ^{1 320.39 %}	-461.000 K ^{86.66 %}	-3.455 M ^{75.88 %}	-14.323 M
Inventory	-1.693 M ^{-123.65 %}	7.159 M ^{974.92 %}	666.000 K ^{-78.78 %}	3.139 M ^{120.13 %}	-15.595 M ^{-1 353.62 %}	1.244 M ^{110.71 %}	-11.610 M
Accounts payables	0.000 ^{-100.00 %}	4.212 M	0.000	0.000	0.000	0.000 ^{-100.00 %}	27.014 M
Other working capital	-3.879 M ^{-518.66 %}	-627.000 K ^{78.93 %}	-2.976 M ^{55.79 %}	-6.731 M ^{-1 072.65 %}	-574.000 K ^{-34.11 %}	-428.000 K ^{-123.11 %}	1.852 M
Other non cash items	13.439 M ^{226.82 %}	4.112 M ^{-28.44 %}	5.746 M ^{-39.02 %}	9.422 M ^{-4.47 %}	9.863 M ^{77.95 %}	5.543 M ^{157.97 %}	-9.562 M
Net cash provided by operating activities	21.141 M ^{-19.56 %}	26.281 M ^{69.11 %}	15.541 M ^{-41.28 %}	26.465 M ^{439.55 %}	4.905 M ^{-45.55 %}	9.009 M ^{-29.16 %}	12.717 M
Investments in property plant and equipment	-2.957 M ^{80.28 %}	-14.994 M ^{-661.89 %}	-1.968 M ^{64.76 %}	-5.585 M ^{-178.14 %}	-2.008 M ^{28.12 %}	-2.794 M ^{75.03 %}	-11.188 M
Acquisitions net	-9.239 M ^{-14 765.08 %}	63.000 K	0.000	0.000 ^{100.00 %}	-6.555 M	0.000 ^{100.00 %}	-5.346 M
Purchases of investments	0.000 ^{-100.00 %}	2.223 M	0.000	0.000	0.000	0.000 ^{100.00 %}	-1.462 M
Sales maturities of investments	0.000 ^{100.00 %}	-4.698 M	0.000	0.000	0.000	0.000 ^{-100.00 %}	3.595 M
Other investing activites	-9.974 M	0.000 ^{100.00 %}	-3.245 M ^{32.25 %}	-4.790 M ^{-63.09 %}	-2.937 M ^{-5.31 %}	-2.789 M ^{-199.54 %}	2.802 M
Net cash used for investing activites	-22.170 M ^{-27.37 %}	-17.406 M ^{-233.90 %}	-5.213 M ^{49.75 %}	-10.375 M ^{9.78 %}	-11.500 M ^{-106.00 %}	-5.583 M ^{51.87 %}	-11.599 M
Debt repayment	0.000 ^{-100.00 %}	8.497 M ^{141.80 %}	3.514 M	0.000	0.000	0.000 ^{100.00 %}	-4.601 M
Common stock issued	0.000 ^{100.00 %}	-93.000 K ^{-150.00 %}	186.000 K	0.000	0.000	0.000	0.000
Common stock repurchased	-16.000 K ^{77.14 %}	-70.000 K	0.000 ^{100.00 %}	-2.000 K	0.000 ^{100.00 %}	-28.500 K ^{71.36 %}	-99.500 K
Dividends paid	-9.434 M	0.000 ^{100.00 %}	-6.032 M ^{-161.58 %}	-2.306 M ^{0.00 %}	-2.306 M ^{-79.95 %}	-1.282 M ^{0.00 %}	-1.282 M
Other financing activites	-3.457 M ^{-145.38 %}	7.618 M ^{241.10 %}	-5.399 M ^{50.53 %}	-10.913 M ^{-203.16 %}	10.579 M ^{804.96 %}	1.169 M ^{227.34 %}	-918.000 K
Net cash used provided by financing activities	-12.907 M ^{-180.91 %}	15.952 M ^{306.34 %}	-7.731 M ^{41.52 %}	-13.221 M ^{-259.81 %}	8.273 M ^{5 967.38 %}	-141.000 K ^{97.96 %}	-6.900 M
Effect of forex changes on cash	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Net change in cash	0.000 ^{-100.00 %}	24.827 M ^{1 811.98 %}	1.299 M ^{-9.48 %}	1.435 M ^{70.98 %}	839.000 K ^{-74.46 %}	3.286 M ^{231.63 %}	-2.496 M
Cash at beginning of period	0.000 ^{-100.00 %}	63.357 M ^{4 779.25 %}	1.299 M ^{-97.76 %}	57.891 M	0.000	0.000 ^{-100.00 %}	58.709 M
Cash at end of period	0.000 ^{-100.00 %}	88.184 M ^{6 691.22 %}	1.299 M ^{-97.81 %}	59.326 M ^{6 970.98 %}	839.000 K ^{-74.46 %}	3.286 M ^{-94.16 %}	56.213 M
Operating cash flow	21.141 M ^{-19.56 %}	26.281 M ^{69.11 %}	15.541 M ^{-41.28 %}	26.465 M ^{439.55 %}	4.905 M ^{-45.55 %}	9.009 M ^{-29.16 %}	12.717 M
Capital expenditure	-2.957 M ^{70.09 %}	-9.887 M ^{-402.39 %}	-1.968 M ^{64.76 %}	-5.585 M ^{-178.14 %}	-2.008 M ^{28.12 %}	-2.794 M ^{75.03 %}	-11.188 M
Free CashFlow	18.184 M ^{10.92 %}	16.394 M ^{20.78 %}	13.573 M ^{-35.00 %}	20.880 M ^{620.75 %}	2.897 M ^{-53.39 %}	6.216 M ^{306.37 %}	1.530 M
	2025	2024	2024	2023	2023	2022	2022

Date	Form 10K
2024
2023
2022
2021
2020
2019

Arteche Lantegi Elkartea, S.A. ART.MC

Finances

Arteche Lantegi Elkartea, S.A. ^ART.MC