{"id":18594,"date":"2024-09-16T14:04:26","date_gmt":"2024-09-16T11:04:26","guid":{"rendered":"https:\/\/canatu.com\/?page_id=18594"},"modified":"2025-09-04T09:59:58","modified_gmt":"2025-09-04T06:59:58","slug":"key-financials","status":"publish","type":"page","link":"https:\/\/canatu.com\/investors\/key-financials\/","title":{"rendered":"Key financials"},"content":{"rendered":"\n

The tables below present Canatu\u2019s key financials for 2023-H1\/2025 as well as calculation formulas.<\/p>\n\n\n\n

Comparison periods 2023-24 in pro forma figures<\/em>.<\/p>\n\n\n\n

EUR million<\/strong><\/td>1\u20136\/2025<\/strong><\/td>1\u20136\/2024<\/strong><\/td>1\u201312\/2024<\/strong><\/td>1\u201312\/2023<\/strong><\/td><\/tr>
Revenue<\/td>7.3<\/td>11.1<\/td>22.0<\/td>13.6<\/td><\/tr>
Gross profit<\/td>4.9<\/td>6.9<\/td>13.8<\/td>9.6<\/td><\/tr>
as percentage of revenue, %<\/td>67.3%<\/td>62.1%<\/td>62.5%<\/td>70.9%<\/td><\/tr>
EBITDA<\/td>-4.0<\/td>-1.7<\/td>-3.6<\/td>-0.4<\/td><\/tr>
as percentage of revenue, %<\/td>-55.5%<\/td>-15.1%<\/td>-16.1%<\/td>-3.3%<\/td><\/tr>
Operating profit\/loss (EBIT)<\/td>-5.1<\/td>-2.5<\/td>-5.3<\/td>-1.8<\/td><\/tr>
as percentage of revenue, %<\/td>-69.6%<\/td>-22.7%<\/td>-24.1%<\/td>-13.5%<\/td><\/tr>
Adjusted EBIT*<\/td>-4.8<\/td>-2.3<\/td>-4.8<\/td>-1.4<\/td><\/tr>
as percentage of revenue, %<\/td>-66.4%<\/td>-20.6%<\/td>-21.9%<\/td>-10.0%<\/td><\/tr>
Profit (loss) for the financial period<\/td>-4.2<\/td>-0.7<\/td>-1.7<\/td>-1.6<\/td><\/tr>
Cash flow from operating activities<\/td>2.5<\/td>2.4<\/td>-2.1<\/td>-3.6<\/td><\/tr>
Capital expenditure<\/td>2.2<\/td>3.2<\/td>5.0<\/td>4.7<\/td><\/tr>
Net debt**<\/td>-96.2<\/td>-0.1<\/td>-91.9<\/td>-0.4<\/td><\/tr>
Equity ratio, %**<\/td>94.1%<\/td>98.7%<\/td>90.6%<\/td>99.6%<\/td><\/tr>
Return on equity (ROE), %**<\/td>-7.9%<\/td>2.3%<\/td>-3.3%<\/td>2.0%<\/td><\/tr>
Research and development costs expensed through profit or loss<\/td>2.6<\/td>1.9<\/td>4.3<\/td>2.4<\/td><\/tr>
Average number of employees during the period<\/td>132<\/td>117<\/td>123<\/td>93<\/td><\/tr>
Personnel at the end of period<\/td>147<\/td>128<\/td>137<\/td>109<\/td><\/tr>
Earnings per share (EUR), basic and diluted<\/td>-0.12<\/td>-0.02<\/td>-0.05<\/td>-0.05<\/td><\/tr><\/tbody><\/table>
* Operating profit (loss) (EBIT) adjusted for special items related to amortization of goodwill, totaling EUR 0.2 million for 1\u20136\/2025 (1\u20136\/2024: EUR 0.2 million, 1\u201312\/2024: EUR 0.5 million and 1\u201312\/2023: EUR 0.5 million).
** Comparison periods in consolidated figures<\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n\n\n\n

Calculation of key figures<\/h2>\n\n\n\n
Key figure<\/strong><\/td>Definition<\/strong><\/td>Reason for use<\/strong><\/td><\/tr>
Gross profit<\/td>Revenue less costs of goods sold.

Cost of goods sold is calculated as a sum of materials and external services total, change in inventory of finished and work-in-progress products and related variable staff expenses.<\/td>		Shows Canatu\u2019s profitability from operations.<\/td><\/tr>
Gross profit, %<\/td>Gross profit as a percentage of revenue.<\/td>Indication of Canatu\u2019s gross earnings capacity, over time.<\/td><\/tr>
EBITDA<\/td>Operating profit (loss) before depreciation, amortization and impairment.<\/td>The measure is used since it shows the profitability before financing items, taxes, depreciation, amortization and impairments and is used to analyze Canatu\u2019s operating activities.<\/td><\/tr>
EBITDA, %<\/td>Operating profit (loss) before depreciation, amortization and impairment in relation to revenue.<\/td>EBITDA margin is an indication of the profitability of operations in relation to revenue, over time.<\/td><\/tr>
Adjusted EBIT<\/td>Operating profit (loss) adjusted for special items relating to goodwill amortization.<\/td>The measure reflects the profitability of Canatu’s business excluding the impact of amortization of goodwill.<\/td><\/tr>
Adjusted EBIT, %<\/td>Adjusted EBIT as percentage of revenue.<\/td>Reflects the ratio of operating profit to revenue, excluding the impact of amortization of goodwill.<\/td><\/tr>
Equity ratio, %<\/td>Total equity divided by total assets less received prepayments.<\/td>Used to measure solvency and describe the share of Canatu\u2019s assets finances by equity.<\/td><\/tr>
Return on equity (ROE), %<\/td>Rolling 12 months profit (loss) for the financial year divided by average equity for 12 months.<\/td>Measures the result for the period in relation to equity.<\/td><\/tr>
Net debt<\/td>Interest-bearing debt (loans from financial institutions) less cash and cash equivalents and current investments. <\/td>Measure reflects Canatu\u2019s indebtedness.<\/td><\/tr>
Earnings per share (EUR), basic<\/td>Profit (loss) for the financial period divided by weighted average number of shares outstanding and entitling to a dividend during the period.<\/td>Measure reflects the distribution of Canatu\u2019s earnings for each individual share.<\/td><\/tr>
Earnings per share (EUR), diluted<\/td>Profit (loss) for the financial period divided by weighted average number of shares outstanding and entitling to a dividend during the period including the weighted average number of shares that would be issued on conversion of all the dilutive potential shares into shares.<\/td>Measure reflects the distribution of Canatu\u2019s earnings for each individual share taking into consideration the impact of any potential commitments Canatu has to issue shares in future.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The tables below present Canatu\u2019s key financials for 2023-H1\/2025 as well as calculation formulas. Comparison periods 2023-24 in pro forma figures. EUR million 1\u20136\/2025 1\u20136\/2024 1\u201312\/2024 1\u201312\/2023 Revenue 7.3 11.1 22.0 13.6 Gross profit 4.9 6.9 13.8 9.6 as percentage of revenue, % 67.3% 62.1% 62.5% 70.9% EBITDA -4.0 -1.7 -3.6 -0.4 as percentage of […]<\/p>\n","protected":false},"author":10,"featured_media":0,"parent":18590,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"page-templates\/investors-page.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-18594","page","type-page","status-publish","hentry"],"acf":[],"lang":"en","translations":{"en":18594,"fi":18667},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/canatu.com\/wp-json\/wp\/v2\/pages\/18594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canatu.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/canatu.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/canatu.com\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/canatu.com\/wp-json\/wp\/v2\/comments?post=18594"}],"version-history":[{"count":24,"href":"https:\/\/canatu.com\/wp-json\/wp\/v2\/pages\/18594\/revisions"}],"predecessor-version":[{"id":23530,"href":"https:\/\/canatu.com\/wp-json\/wp\/v2\/pages\/18594\/revisions\/23530"}],"up":[{"embeddable":true,"href":"https:\/\/canatu.com\/wp-json\/wp\/v2\/pages\/18590"}],"wp:attachment":[{"href":"https:\/\/canatu.com\/wp-json\/wp\/v2\/media?parent=18594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}