By Helgi Library - September 12, 2024
Primoco UAV made a net profit of CZK 171 mil with revenues of CZK 494 mil in 2023, up by 176% and up by 239%, respe...
By Helgi Library - September 12, 2024
Primoco UAV made a net profit of CZK 171 mil with revenues of CZK 494 mil in 2023, up by 176% and up by 239%, respe...
By Helgi Library - September 12, 2024
Primoco UAV employed 45.0 employees in 2023, up 12.5% compared to the previous year. Historically, between 2020 and 202...
| Profit Statement | 2026 | 2027 | 2028 | |
| Sales | CZK mil | 1,243 | 1,335 | 1,418 |
| Gross Profit | CZK mil | 460 | 467 | 468 |
| EBITDA | CZK mil | 329 | 351 | 370 |
| EBIT | CZK mil | 316 | 334 | 349 |
| Financing Cost | CZK mil | 0 | 0 | 0 |
| Pre-Tax Profit | CZK mil | 316 | 334 | 349 |
| Net Profit | CZK mil | 253 | 268 | 279 |
| Dividends | CZK mil | 126 | 134 | 140 |
| Balance Sheet | 2026 | 2027 | 2028 | |
| Total Assets | CZK mil | 870 | 1,019 | 1,178 |
| Non-Current Assets | CZK mil | 125 | 162 | 204 |
| Current Assets | CZK mil | 745 | 858 | 973 |
| Working Capital | CZK mil | 242 | 297 | 355 |
| Shareholders' Equity | CZK mil | 789 | 930 | 1,075 |
| Liabilities | CZK mil | 81.6 | 89.3 | 102 |
| Total Debt | CZK mil | 22.4 | 20.9 | 24.8 |
| Net Debt | CZK mil | -428 | -479 | -525 |
| Ratios | 2026 | 2027 | 2028 | |
| ROE | % | 35.5 | 31.1 | 27.8 |
| ROCE | % | 80.4 | 64.8 | 54.8 |
| Gross Margin | % | 37.0 | 35.0 | 33.0 |
| EBITDA Margin | % | 42.0 | 40.5 | 39.0 |
| EBIT Margin | % | 25.4 | 25.1 | 24.6 |
| Net Margin | % | 20.3 | 20.0 | 19.7 |
| Net Debt/EBITDA | -1.30 | -1.36 | -1.42 | |
| Net Debt/Equity | % | -54.2 | -51.5 | -48.8 |
| Cost of Financing | % | 5.00 | 5.00 | 5.00 |
| Valuation | 2026 | 2027 | 2028 | |
| Market Capitalisation | USD mil | 194 | 194 | 194 |
| Enterprise Value (EV) | USD mil | 175 | 172 | 170 |
| Number Of Shares | mil | 4.71 | 4.71 | 4.71 |
| Share Price | CZK | 920 | 920 | 920 |
| EV/EBITDA | 11.9 | 11.0 | 10.3 | |
| EV/Sales | 3.16 | 2.90 | 2.70 | |
| Price/Earnings (P/E) | 17.1 | 16.2 | 15.5 | |
| Price/Book Value (P/BV) | 5.49 | 4.66 | 4.03 | |
| Dividend Yield | % | 2.92 | 3.09 | 3.22 |
Get all company financials in excel:
| overview | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| income statement | ||||||||||
| Sales | CZK mil | 30.9 | 13.3 | 145 | ||||||
| Gross Profit | CZK mil | 5.50 | -15.9 | 75.3 | ||||||
| EBIT | CZK mil | -7.08 | -27.5 | 62.4 | ||||||
| Net Profit | CZK mil | -9.54 | -28.0 | 61.9 | ||||||
| ROE | % | -35.6 | -52.6 | 53.5 | ||||||
| EBIT Margin | % | -22.9 | -207 | 42.9 | ||||||
| Net Margin | % | -30.9 | -211 | 42.5 | ||||||
| Employees | 20.0 | 24.0 | 40.0 | |||||||
| balance sheet | ||||||||||
| Total Assets | CZK mil | 50.5 | 84.7 | 158 | ||||||
| Non-Current Assets | CZK mil | 30.4 | 32.5 | 36.4 | ||||||
| Current Assets | CZK mil | 20.2 | 52.2 | 121 | ||||||
| Shareholders' Equity | CZK mil | 21.8 | 84.4 | 147 | ||||||
| Liabilities | CZK mil | 28.7 | 0.330 | 11.2 | ||||||
| Non-Current Liabilities | CZK mil | 0.097 | 0.082 | 0.885 | ||||||
| Current Liabilities | CZK mil | 28.6 | 0.248 | 10.3 | ||||||
| Net Debt/EBITDA | 0.172 | 1.14 | -0.960 | |||||||
| Net Debt/Equity | % | -3.30 | -33.4 | -43.0 | ||||||
| Cost of Financing | % | 15.2 | ... | ... | ... | |||||
| cash flow | ||||||||||
| Total Cash From Operations | CZK mil | -1.40 | -58.7 | 34.7 | ||||||
| Total Cash From Investing | CZK mil | -0.247 | -4.39 | -0.158 | ||||||
| Total Cash From Financing | CZK mil | 0 | 90.5 | 0.392 | ||||||
| Net Change In Cash | CZK mil | -1.65 | 27.4 | 34.9 | ||||||
| valuation | ||||||||||
| Market Capitalisation | USD mil | 48.5 | 58.2 | 85.7 | ||||||
| Enterprise Value (EV) | USD mil | 48.5 | 56.9 | 82.9 | ||||||
| Number Of Shares | mil | 4.34 | 4.71 | 4.71 | ||||||
| Share Price | CZK | 240 | 270 | 410 | ||||||
| Price/Earnings (P/E) | -109 | -45.5 | 31.2 | |||||||
| Price/Cash Earnings (P/CE) | -157 | -50.3 | 29.6 | |||||||
| EV/EBITDA | -254 | -49.8 | 28.1 | |||||||
| Price/Book Value (P/BV) | 47.8 | 15.1 | 13.2 | |||||||
| Dividend Yield | % | 0 | 0 | 0 |
| income statement | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| income statement | ||||||||||
| Sales | CZK mil | 30.9 | 13.3 | 145 | ||||||
| Cost of Goods & Services | CZK mil | 25.4 | 29.2 | 70.2 | ||||||
| Gross Profit | CZK mil | 5.50 | -15.9 | 75.3 | ||||||
| Other Operating Expense | CZK mil | 34.4 | 43.1 | 85.9 | ... | ... | ... | ... | ... | |
| Staff Cost | CZK mil | 8.98 | 9.89 | 15.4 | ||||||
| Other Operating Cost (Income) | CZK mil | 0.004 | 3.98 | 0.279 | ... | ... | ... | ... | ... | |
| EBITDA | CZK mil | -4.20 | -24.8 | 65.7 | ||||||
| Depreciation | CZK mil | 2.88 | 2.69 | 3.34 | ||||||
| EBIT | CZK mil | -7.08 | -27.5 | 62.4 | ||||||
| Net Financing Cost | CZK mil | 1.13 | -0.099 | -0.341 | ||||||
| Financing Cost | CZK mil | 1.58 | 0.658 | 0 | ||||||
| Financing Income | CZK mil | 0.453 | 0.757 | 0.341 | ||||||
| (Income) / Loss from Affiliates | CZK mil | ... | ... | 0.255 | ... | ... | ... | ... | ... | ... |
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | ... | ... | ... | ... | ... | |
| Pre-Tax Profit | CZK mil | -9.54 | -28.0 | 62.6 | ||||||
| Tax | CZK mil | 0 | 0 | 0.767 | ||||||
| Minorities | CZK mil | 0 | 0 | 0 | ||||||
| Net Profit | CZK mil | -9.54 | -28.0 | 61.9 | ||||||
| Net Profit Avail. to Common | CZK mil | -9.54 | -28.0 | 61.9 | ||||||
| Dividends | CZK mil | 0 | 0 | 0 | ||||||
| growth rates | ||||||||||
| Total Revenue Growth | % | 2,177 | -57.0 | 997 | ||||||
| Operating Cost Growth | % | 141,049 | 26.6 | 86.5 | ... | ... | ... | ... | ... | |
| Staff Cost Growth | % | 7.92 | 10.2 | 56.0 | ||||||
| EBITDA Growth | % | -79.9 | 490 | -365 | ||||||
| EBIT Growth | % | -69.8 | 288 | -327 | ||||||
| Pre-Tax Profit Growth | % | -60.2 | 193 | -324 | ||||||
| Net Profit Growth | % | -60.2 | 193 | -321 | ||||||
| ratios | ||||||||||
| ROE | % | -35.6 | -52.6 | 53.5 | ||||||
| ROA | % | -18.5 | -41.3 | 51.0 | ||||||
| ROCE | % | -19.2 | -55.3 | 90.4 | ||||||
| Gross Margin | % | 17.8 | -120 | 51.7 | ||||||
| EBITDA Margin | % | -13.6 | -187 | 45.2 | ||||||
| EBIT Margin | % | -22.9 | -207 | 42.9 | ||||||
| Net Margin | % | -30.9 | -211 | 42.5 | ||||||
| Payout Ratio | % | 0 | 0 | 0 | ||||||
| Cost of Financing | % | 15.2 | ... | ... | ... | |||||
| Net Debt/EBITDA | 0.172 | 1.14 | -0.960 |
| balance sheet | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| balance sheet | ||||||||||
| Cash & Cash Equivalents | CZK mil | 0.721 | 28.2 | 63.1 | ||||||
| Receivables | CZK mil | 5.22 | 0.004 | 0.045 | ||||||
| Inventories | CZK mil | 13.5 | 19.6 | 48.4 | ||||||
| Other ST Assets | CZK mil | 0.708 | 4.49 | 9.95 | ||||||
| Current Assets | CZK mil | 20.2 | 52.2 | 121 | ||||||
| Property, Plant & Equipment | CZK mil | 28.9 | 30.3 | 31.9 | ||||||
| LT Investments & Receivables | CZK mil | 0 | 0 | 0 | ||||||
| Intangible Assets | CZK mil | 1.33 | 2.08 | 4.26 | ||||||
| Goodwill | CZK mil | 0 | 0 | 0 | ||||||
| Non-Current Assets | CZK mil | 30.4 | 32.5 | 36.4 | ||||||
| Total Assets | CZK mil | 50.5 | 84.7 | 158 | ||||||
| Trade Payables | CZK mil | 0 | 0 | 0 | ||||||
| Short-Term Debt | CZK mil | 0 | 0 | 0 | ||||||
| Other ST Liabilities | CZK mil | 28.4 | 0 | 3.39 | ||||||
| Current Liabilities | CZK mil | 28.6 | 0.248 | 10.3 | ||||||
| Long-Term Debt | CZK mil | 0 | 0 | 0 | ||||||
| Other LT Liabilities | CZK mil | 0.097 | 0.082 | 0.885 | ||||||
| Non-Current Liabilities | CZK mil | 0.097 | 0.082 | 0.885 | ||||||
| Liabilities | CZK mil | 28.7 | 0.330 | 11.2 | ||||||
| Share Capital | CZK mil | 4.35 | 4.71 | 4.71 | ||||||
| Treasury Stock | CZK mil | 0 | 0 | 0 | ||||||
| Equity Before Minority Interest | CZK mil | 21.8 | 84.4 | 147 | ||||||
| Minority Interest | CZK mil | 0 | 0 | 0 | ||||||
| Equity | CZK mil | 21.8 | 84.4 | 147 | ||||||
| growth rates | ||||||||||
| Total Asset Growth | % | -3.82 | 67.7 | 86.3 | ||||||
| Shareholders' Equity Growth | % | -31.2 | 287 | 73.8 | ||||||
| Net Debt Growth | % | 30,373 | 3,807 | 124 | ||||||
| Total Debt Growth | % | -100 | ... | ... | ... | ... | ||||
| ratios | ||||||||||
| Total Debt | CZK mil | 0 | 0 | 0 | ||||||
| Net Debt | CZK mil | -0.721 | -28.2 | -63.1 | ||||||
| Working Capital | CZK mil | 18.7 | 19.6 | 48.5 | ||||||
| Capital Employed | CZK mil | 49.1 | 52.1 | 84.8 | ||||||
| Net Debt/Equity | % | -3.30 | -33.4 | -43.0 | ||||||
| Current Ratio | 0.705 | 211 | 11.8 | |||||||
| Quick Ratio | 0.208 | 114 | 6.11 |
| cash flow | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| cash flow | ||||||||||
| Net Profit | CZK mil | -9.54 | -28.0 | 61.9 | ||||||
| Depreciation | CZK mil | 2.88 | 2.69 | 3.34 | ||||||
| Non-Cash Items | CZK mil | 2.64 | -0.795 | -6.26 | ||||||
| Change in Working Capital | CZK mil | 2.63 | -32.6 | -24.3 | ||||||
| Total Cash From Operations | CZK mil | -1.40 | -58.7 | 34.7 | ||||||
| Capital Expenditures | CZK mil | -0.247 | -4.39 | -0.158 | ||||||
| Net Change in LT Investment | CZK mil | 0 | 0 | 0 | ... | ... | ... | ... | ... | |
| Net Cash From Acquisitions | CZK mil | 0 | 0 | 0 | ... | ... | ... | ... | ... | |
| Other Investing Activities | CZK mil | 0 | 0 | 0 | ... | ... | ... | ... | ... | |
| Total Cash From Investing | CZK mil | -0.247 | -4.39 | -0.158 | ||||||
| Dividends Paid | CZK mil | 0 | 0 | 0 | ||||||
| Issuance Of Shares | CZK mil | 0 | 0 | 0 | ||||||
| Issuance Of Debt | CZK mil | 0 | 0 | 0 | ||||||
| Other Financing Activities | CZK mil | 0 | 90.5 | 0.392 | ||||||
| Total Cash From Financing | CZK mil | 0 | 90.5 | 0.392 | ||||||
| Effect of FX Rates | CZK mil | 0 | 0 | 0 | ||||||
| Net Change In Cash | CZK mil | -1.65 | 27.4 | 34.9 | ||||||
| ratios | ||||||||||
| Days Sales Outstanding | days | 61.7 | 0.110 | 0.113 | ||||||
| Days Sales Of Inventory | days | 194 | 245 | 252 | ||||||
| Days Payable Outstanding | days | 0 | 0 | 0 | ||||||
| Cash Conversion Cycle | days | 256 | 245 | 252 | ||||||
| Cash Earnings | CZK mil | -6.66 | -25.3 | 65.2 | ||||||
| Free Cash Flow | CZK mil | -1.65 | -63.1 | 34.5 | ||||||
| Capital Expenditures (As % of Sales) | % | 0.800 | 33.1 | 0.109 |
| other ratios | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| Employees | 20.0 | 24.0 | 40.0 | |||||||
| Cost Per Employee | USD per month | 1,700 | 1,585 | 1,443 | ||||||
| Cost Per Employee (Local Currency) | CZK per month | 37,413 | 34,347 | 32,146 | ||||||
| Operating Cost (As % of Sales) | % | 114 | 337 | 57.3 | ... | ... | ... | ... | ... | |
| Staff Cost (As % of Sales) | % | 29.1 | 74.6 | 10.6 | ||||||
| Effective Tax Rate | % | 0 | 0 | 1.22 | ||||||
| Total Revenue Growth (5-year average) | % | ... | 367 | 163 | ||||||
| Total Revenue Growth (10-year average) | % | ... | ... | ... | ... | ... | ... |
| valuation | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| Market Capitalisation | USD mil | 48.5 | 58.2 | 85.7 | ||||||
| Enterprise Value (EV) | USD mil | 48.5 | 56.9 | 82.9 | ||||||
| Number Of Shares | mil | 4.34 | 4.71 | 4.71 | ||||||
| Share Price | CZK | 240 | 270 | 410 | ||||||
| EV/EBITDA | -254 | -49.8 | 28.1 | |||||||
| Price/Earnings (P/E) | -109 | -45.5 | 31.2 | |||||||
| Price/Cash Earnings (P/CE) | -157 | -50.3 | 29.6 | |||||||
| P/FCF | -634 | -20.2 | 55.9 | |||||||
| Price/Book Value (P/BV) | 47.8 | 15.1 | 13.2 | |||||||
| Dividend Yield | % | 0 | 0 | 0 | ||||||
| Free Cash Flow Yield | % | -0.154 | -5.00 | 1.81 | ||||||
| Earnings Per Share (EPS) | CZK | -2.20 | -5.94 | 13.1 | ||||||
| Cash Earnings Per Share | CZK | -1.53 | -5.37 | 13.8 | ||||||
| Free Cash Flow Per Share | CZK | -0.379 | -13.4 | 7.33 | ||||||
| Book Value Per Share | CZK | 5.03 | 17.9 | 31.1 | ||||||
| Dividend Per Share | CZK | 0 | 0 | 0 | ||||||
| EV/Sales | 34.6 | 93.0 | 12.7 | |||||||
| EV/EBIT | -151 | -44.9 | 29.6 | |||||||
| EV/Free Cash Flow | -649 | -19.5 | 53.5 | |||||||
| EV/Capital Employed | 21.2 | 23.9 | 22.1 | |||||||
| Earnings Per Share Growth | % | 39,815 | 170 | -321 | ||||||
| Cash Earnings Per Share Growth | % | -69.0 | 250 | -358 | ||||||
| Book Value Per Share Growth | % | -31.2 | 257 | 73.8 |
Get all company financials in excel:
By Helgi Library - September 12, 2024
Primoco UAV employed 45.0 employees in 2023, up 12.5% compared to the previous year. Historically, between 2020 and 2023, the firm's workforce hit a high of 45.0 employees in 2023 and a low of 20.0 employees in 2020. Average personnel cost stood at U...
By Helgi Library - September 12, 2024
Primoco UAV stock traded at CZK 885 per share at the end 2023 translating into a market capitalization of USD 187 mil. Since the end of 2018, stock has appreciated by 0% representing an annual average growth of %. In absolute terms, the value of the com...
By Helgi Library - September 12, 2024
Primoco UAV stock traded at CZK 885 per share at the end 2023 translating into a market capitalization of USD 187 mil. Since the end of 2018, stock has appreciated by 0% representing an annual average growth of %. In absolute terms, the value of the com...
By Helgi Library - September 12, 2024
Primoco UAV invested a total of CZK 19.7 mil in 2023, up 12% compared to the previous year. Historically, between 2020 - 2023, the company's investments stood at a high of CZK 19.7 mil in 2023 and a low of CZK 0.158 mil in 2022. As a ...
By Helgi Library - September 12, 2024
Primoco UAV invested a total of CZK 19.7 mil in 2023, up 12% compared to the previous year. Historically, between 2020 - 2023, the company's investments stood at a high of CZK 19.7 mil in 2023 and a low of CZK 0.158 mil in 2022. As a ...
By Helgi Library - September 12, 2024
Primoco UAV stock traded at CZK 885 per share at the end 2023 implying a market capitalization of USD 187 mil. Since the end of 2018, stock has appreciated by % implying an annual average growth of % In absolute terms, the value of the company rose b...
By Helgi Library - September 12, 2024
Primoco UAV stock traded at CZK 885 per share at the end 2023 implying a market capitalization of USD 187 mil. Since the end of 2018, stock has appreciated by % implying an annual average growth of % In absolute terms, the value of the company rose b...
By Helgi Library - September 12, 2024
Primoco UAV made a net profit of CZK 171 mil with revenues of CZK 494 mil in 2023, up by 176% and up by 239%, respectively, compared to the previous year. This translates into a net margin of 34.5%. Historically, between 2020 and 2023, the firm’s ...
By Helgi Library - September 12, 2024
Primoco UAV made a net profit of CZK 171 mil with revenues of CZK 494 mil in 2023, up by 176% and up by 239%, respectively, compared to the previous year. This translates into a net margin of 34.5%. Historically, between 2020 and 2023, the firm’s ...
By Helgi Library - September 12, 2024
Primoco UAV made a net profit of CZK 171 mil in 2023, up 176% compared to the previous year. Historically, between 2020 and 2023, the company's net profit reached a high of CZK 171 mil in 2023 and a low of CZK -28.0 mil in 2021. The result implies a retur...
Primoco UAV SE is a Czech Republic-based company, which develops, manufactures and sells civilian unmanned aircrafts (UAV). The Company’s flagship product is Primoco UAV model One 100/150. The key features of the aircraft are its size, a maximum take-off weight of 100/150kg, 10 hours endurance, 1500 km range, cruising speed 100-150 km/h, a payload of up to 50kg and fully automatic take-off and landing. This is particularly useful in energy infrastructure monitoring, border and coastal protection, fire monitoring or search and rescue. In addition, the company has developed its own Primoco Engine 500 engine (50 HP). The Company has been listed on the START platform of the Prague Stock Exchange in 2018
Primoco UAV has been growing its sales by 23.5% a year on average in the last 5 years. EBITDA has grown on average by 10.6% a year during that time to total of CZK 370 mil in 2028, or 39.0% of sales. That’s compared to 42.0% average margin seen in last five years.
The company netted CZK 279 mil in 2028 implying ROE of 27.8% and ROCE of 54.8%. Again, the average figures were 32.6% and 75.2%, respectively when looking at the previous 5 years.
Primoco UAV’s net debt amounted to CZK -525 mil at the end of 2028, or -48.8% of equity. When compared to EBITDA, net debt was -1.42x, up when compared to average of -1.51x seen in the last 5 years.
Primoco UAV stock traded at CZK 920 per share at the end of 2028 resulting in a market capitalization of USD 194 mil. Over the previous five years, stock price grew by 3.95% or 0.779% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 10.3x and price to earnings (PE) of 15.5x as of 2028.
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