Via Transportation Inc
VIATechnology·Software - Application·USA·Mid·NYSE·Nov 11 • 3:59 PM ET
42.81-1.84 (-4.12%)
2026-11-12 01:06 CET
Market cap
3,639.22 USD m
Revenue, TTM
525.58 USD m
Net income, TTM
-80.40 USD m
Free cash flow, TTM
-55.63 USD m
EPS diluted, TTM
-0.99
P/E
-
Price
VIA against its 20, 50 and 200-day averages2050200beatmiss
18.5% under the 52-week high of 52.51 on 11 Nov 2025. 52-week low 12.95 on 14 May 2026. Last 15 sessions, 31.8% high to low
Volume 1.85× normal · the line is the 50-bar volume average
Profile
VIA52-week range, 75% of the way up
12.9552.51
Via Transportation, Inc. engages in the provision of public transportation systems. It offers its solutions to cities, transit agencies, transport operators, school districts, universities, and corporations. The company was founded by Daniel Ramot and Oren Shoval in 2012 and is headquartered in New York, NY.
| Index | RUT |
|---|---|
| Employees | 1040 |
| IPO | Sep 12, 2025 |
| Beta | 0.67 |
| ATR, 14d | 2.50 |
| Rel volume | 1.85 |
| Short float | 18.59% |
| Insider own | 60.43% |
| Inst own | 33.87% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 3.49B |
| Enterprise Value | 3.19B |
| Income | -80.40M |
| Sales | 525.58M |
| Book/sh | 7.53 |
| Cash/sh | 3.96 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 1040 |
| IPO | Sep 12, 2025 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | 122.66 |
| PEG | - |
| P/S | 6.64 |
| P/B | 5.68 |
| P/C | 10.81 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | 6.07 |
| Quick Ratio | 4.67 |
| Current Ratio | 4.67 |
| Debt/Eq | 0.04 |
| LT Debt/Eq | 0.02 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -0.99 |
|---|---|
| EPS next Y | 0.35 |
| EPS next Q | 0.03 |
| EPS this Y | 96.95% |
| EPS next Y | 1392.59% |
| EPS next 5Y | - |
| EPS past 3/5Y | 10.03% - |
| Sales past 3/5Y | 32.11% - |
| EPS Y/Y TTM | 15.63% |
| Sales Y/Y TTM | 29.10% |
| EPS Q/Q | 50.44% |
| Sales Q/Q | 30.89% |
| Earnings | Nov 09 BMO |
| EPS/Sales Surpr. | 100.00% 4.05% |
Ownership
| Insider Own | 60.43% |
|---|---|
| Insider Trans | 0.18% |
| Inst Own | 33.87% |
| Inst Trans | 10.08% |
| ROA | -11.22% |
| ROE | -13.47% |
| ROIC | -12.73% |
| Gross Margin | 39.52% |
| Oper. Margin | -16.87% |
| Profit Margin | -15.30% |
| SMA20 | 16.08% |
| SMA50 | 33.38% |
| SMA200 | 98.01% |
| Trades | - |
Technical
| Shs Outstand | 78.35M |
|---|---|
| Shs Float | 32.25M |
| Short Float | 18.59% |
| Short Ratio | 8.16 |
| Short Interest | 6.00M |
| 52W High | 52.51 -18.47% |
| 52W Low | 12.95 230.58% |
| Volatility | 11.73% 6.30% |
| ATR (14) | 2.50 |
| RSI (14) | 71.31 |
| Beta | 0.67 |
| Rel Volume | 1.85 |
| Avg Volume | 734.69K |
| Volume | 1,359,334 |
Performance
| Perf Week | 9.21% |
|---|---|
| Perf Month | 33.32% |
| Perf Quarter | 62.41% |
| Perf Half Y | 221.64% |
| Perf YTD | 47.57% |
| Perf Year | -12.54% |
| Perf 3Y | - |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.10 |
| Target Price | 52.33 |
| Prev Close | 44.65 |
| Price | 42.81 |
| Change % | -4.12% |
Analyst ratings
latest 10 of 13| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Jan 20, 2026 | Upgrade | MMorgan Stanley | Equal-Weight → Overweight | ||
| Jan 13, 2026 | Upgrade | GGoldman | Neutral → Buy | $44 | +2.8% |
| Oct 07, 2025 | Initiated | WWolfe Research | Outperform | $60 | +40.2% |
| Oct 07, 2025 | Initiated | WWilliam Blair | Outperform | ||
| Oct 07, 2025 | Initiated | WWells Fargo | Overweight | $60 | +40.2% |
| Oct 07, 2025 | Initiated | RRaymond James | Outperform | $55 | +28.5% |
| Oct 07, 2025 | Initiated | OOppenheimer | Outperform | $59 | +37.8% |
| Oct 07, 2025 | Initiated | NNeedham | Buy | $55 | +28.5% |
| Oct 07, 2025 | Initiated | MMorgan Stanley | Equal-Weight | $53 | +23.8% |
| Oct 07, 2025 | Initiated | GGuggenheim | Buy | $58 | +35.5% |
Peers
Mkt capInsider trading
11 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Peres Nechemia Jacob | Director | Aug 11 '26 | Buy | 24.74 | 10,080 | 249,370 | 40,514 | Aug 12 06:27 PM |
| Dinur Arnon | Director | Aug 10 '26 | Buy | 22.31 | 44,780 | 998,984 | 50,214 | Aug 12 04:55 PM |
| Fain Clara | Chief Financial Officer | Jun 16 '26 | Buy | 14.00 | 714 | 9,996 | 654,073 | Jun 16 05:42 PM |
| Fain Clara | Chief Financial Officer | Jun 12 '26 | Buy | 15.00 | 666 | 9,990 | 653,359 | Jun 16 05:42 PM |
| Ramot Daniel | Chief Executive Officer | Jun 16 '26 | Buy | 14.00 | 3,571 | 49,994 | 2,420,957 | Jun 16 05:40 PM |
| Ramot Daniel | Chief Executive Officer | Jun 12 '26 | Buy | 14.94 | 3,333 | 49,811 | 2,417,386 | Jun 16 05:40 PM |
| Peres Nechemia Jacob | Director | Jun 09 '26 | Buy | 14.70 | 25,000 | 367,500 | 30,434 | Jun 11 06:12 PM |
| Fain Clara | Chief Financial Officer | Feb 12 '26 | Option Exercise | 6.57 | 4,000 | 26,280 | 652,693 | Feb 17 01:53 PM |
| Abrams Erin | Chief Legal Officer | Dec 31 '25 | Option Exercise | 8.00 | 6,355 | 50,837 | 127,369 | Jan 05 01:18 PM |
| Fain Clara | Chief Financial Officer | Dec 18 '25 | Option Exercise | 6.57 | 5,000 | 32,850 | 648,693 | Dec 19 06:37 PM |
| Fain Clara | Chief Financial Officer | Dec 04 '25 | Option Exercise | 4.80 | 13,259 | 63,656 | 643,693 | Dec 08 07:16 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| IWM | iShares Russell 2000 Index Fund | AUM: 77.38B |
| VTI | Vanguard Morningstar Total Stock Market ETF | AUM: 687.42B |
| VB | Vanguard Morningstar Small-Cap ETF | AUM: 79.59B |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
| IWN | iShares Russell 2000 Value ETF | AUM: 14.10B |
| SCHA | Schwab U.S. Small-Cap ETF | AUM: 22.25B |
| FBCG | Fidelity Blue Chip Growth ETF | AUM: 7.23B |
| FYC | First Trust Small Cap Growth AlphaDEX Fund | AUM: 1.35B |
| VBR | Vanguard Morningstar Small-Cap Value ETF | AUM: 37.76B |
| KOMP | State Street SPDR S&P Kensho New Economies Composite ETF | AUM: 2.46B |
News
latest 14 of 130- Via Accelerates To 31% Growth And Nears Breakeven, But An 81% Rally Leaves Little Room For A Q4 Slowdown (Earnings Whispers) +12.80%
- Via: Q3 Earnings Snapshot (Associated Press)
- Via Announces Third Quarter 2026 Results (Business Wire)
- Via's 75% Rally Sets A High Bar As School Launches And Pipeline Face Their Test (Earnings Whispers)
- Oppenheimer names top SMID software stocks ahead of Q3 earnings (Investing.com)
- Via to Announce Third Quarter 2026 Financial Results on November 9, 2026 (Business Wire)
- Via: Q2 Earnings Snapshot (Associated Press)
- Via Announces Second Quarter 2026 Results (Business Wire)
- Via Transportation, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - VIA (PR Newswire) +10.80%
- Via to Announce Second Quarter 2026 Financial Results on August 6, 2026 (Business Wire)
- Uber Ends Waymo Robotaxi Offering In Phoenix (GuruFocus.com)
- Waymo and Uber end Phoenix robotaxi partnership (Quartz)
- Via Transportation, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - VIA (PR Newswire)
- VIA LAWSUIT: Via Transportation Inc. Shareholders Should Contact Block & Leviton to Possibly Recover Losses (Newsfile) -5.27%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-09 | 0.000 | -0.028 | -0.230 | 143.53 | 137.94 | 10 |
| 2026Q2 | 2026-08-06 | -0.010 | -0.020 | -0.240 | 135.71 | 133.3 | 9 |
| 2026Q1 | 2026-05-12 | -0.050 | -0.060 | -0.248 | 127.43 | 123.99 | 9 |
| 2025Q4 | 2026-02-27 | -0.060 | -0.071 | -0.270 | 118.91 | 114.88 | 11 |
| 2025Q3 | 2025-11-13 | -0.120 | -0.401 | -0.464 | 109.65 | 106.83 | 9 |
| 2025Q2 | 2025-09-03 | -0.939 | - | -0.267 | 107.12 | - | - |
| 2026Q4 | - | - | 0.034 | - | - | 150.96 | 10 |
| 2027Q1 | - | - | 0.029 | - | - | 158.23 | 9 |
| 2027Q2 | - | - | 0.074 | - | - | 168.64 | 8 |
| 2027Q3 | - | - | 0.088 | - | - | 174.09 | 8 |
| 2027Q4 | - | - | 0.131 | - | - | 183.83 | 8 |
| 2028Q1 | - | - | 0.143 | - | - | 190.65 | 3 |
| 2028Q2 | - | - | 0.210 | - | - | 205.03 | 3 |
| 2028Q3 | - | - | 0.233 | - | - | 212.05 | 3 |
| 2028Q4 | - | - | 0.287 | - | - | 225.09 | 3 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2025FY | -0.800 | -0.940 | -2.333 | 434.34 | 430.23 |
| 2026FY | - | -0.027 | - | - | 557.66 |
| 2027FY | - | 0.349 | - | - | 683.71 |
| 2028FY | - | 0.719 | - | - | 826.8 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q4 | S | 2026-11-09 | 9 | 0 | 0 | 150.96 | 150.82 | 151.48 |
| 2026Q4 | S | 2026-11-02 | 9 | 0 | 0 | 150.61 | 150 | 151.66 |
| 2026Q4 | S | 2026-10-20 | 9 | 0 | 0 | 150.59 | 150 | 151.66 |
| 2026Q4 | S | 2026-09-17 | 9 | 3 | 0 | 150.59 | 150 | 151.66 |
| 2026Q4 | S | 2026-09-11 | 9 | 3 | 0 | 150.59 | 150 | 151.7 |
| 2026Q4 | S | 2026-08-25 | 9 | 3 | 0 | 150.59 | 150 | 151.66 |
| 2026Q4 | S | 2026-08-06 | 9 | 3 | 1 | 150.59 | 150 | 151.66 |
| 2026Q4 | S | 2026-07-31 | 8 | 0 | 1 | 150.11 | 148.69 | 152.5 |
| 2026Q4 | S | 2026-07-26 | 8 | 0 | 1 | 150.16 | 148.69 | 152.5 |
| 2026Q4 | S | 2026-07-24 | 8 | 4 | 1 | 150.16 | 148.69 | 152.5 |
| 2026Q4 | S | 2026-07-15 | 8 | 4 | 1 | 150.16 | 148.69 | 152.5 |
| 2026Q4 | S | 2026-06-29 | 8 | 5 | 1 | 150.16 | 148.69 | 152.5 |
| 2026Q4 | S | 2026-06-12 | 9 | 5 | 1 | 149.93 | 148.08 | 152.5 |
| 2026Q4 | S | 2026-06-11 | 9 | 5 | 1 | 149.92 | 148.08 | 152.49 |
Estimate history
| EPS, annual | -1.468 | -1.135 | -1.188 | -0.9887 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2023 | 2024 | 2025 | TTM | |||||
| EPS, quarterly | -0.268 | -0.236 | -0.205 | -0.267 | -0.464 | -0.27 | -0.248 | -0.24 | -0.23 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Sales, annual | 248.854 | 337.63 | 434.337 | 525.58 | |||||
| Period | 2023 | 2024 | 2025 | TTM | |||||
| Sales, quarterly | 83.314 | 91.684 | 98.642 | 107.133 | 109.653 | 118.909 | 127.434 | 135.707 | 143.528 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Shares, annual | 79.515 | 79.515 | 81.123 | 82.199 | |||||
| Period | 2023 | 2024 | 2025 | MRQ | |||||
| Shares, quarterly | 79.515 | 79.515 | 79.515 | 79.515 | 79.589 | 81.123 | 81.261 | 81.444 | 82.199 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY |
|---|---|---|---|---|
| Total Revenue | 525.58 | 434.34 | 337.63 | 248.85 |
| Cost of Goods Sold Incl. D&A | 317.85 | 267.21 | 214.58 | 156.87 |
| Gross Profit | 207.73 | 167.13 | 123.05 | 91.98 |
| Selling, General and Administrative Excl. Other | 296.40 | 238.04 | 206.20 | 203.59 |
| Research and Development | 102.00 | 91.84 | 88.19 | 95.09 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -88.67 | -70.91 | -83.15 | -111.60 |
| Interest Expense | 1.36 | 7.34 | 4.29 | 0.65 |
| Unusual Expense | 2.29 | 23.69 | 5.62 | 4.59 |
| Net Income Before Taxes | -79.38 | -93.84 | -88.66 | -115.15 |
| Income Taxes | 1.02 | 2.52 | 1.89 | 1.81 |
| Consolidated Net Income | -80.40 | -96.36 | -90.55 | -116.96 |
| Net Income From Continuing Operations | -80.40 | -96.36 | -90.28 | -116.69 |
| Net Income | -80.40 | -96.36 | -90.28 | -116.69 |
| EPS (Recurring) | -0.96 | -0.98 | -1.09 | -1.43 |
| EPS (Basic, Before Extraordinaries) | -0.99 | -1.19 | -1.14 | -1.47 |
| EPS (Diluted) | -0.99 | -1.19 | -1.14 | -1.47 |
| EBITDA | -79.41 | -62.38 | -71.32 | -100.48 |
| Non-Operating Income (Expense) | 12.94 | 8.11 | 4.39 | 1.70 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 48.43 | 24.69 | 16.77 | 10.37 |
| Price To Sales Ratio | 4.70 | 5.42 | - | - |
| Gross Margin | 39.52 | 38.48 | 36.45 | 36.96 |
| Operating Margin | -16.87 | -16.33 | -24.63 | -44.85 |
| Net Margin | -15.30 | -22.19 | -26.74 | -46.89 |
| Shares Outstanding | 82.20 | 81.12 | 79.51 | 79.51 |
| Market Capitalization | 3,639.22 | 3,639.22 | 2,387.61 | - |
Income statement, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 143.53 | 135.71 | 127.43 | 118.91 | 109.65 | 107.13 | 98.64 | 91.68 |
| Cost of Goods Sold Incl. D&A | 86.12 | 80.89 | 78.20 | 72.65 | 67.77 | 66.40 | 60.02 | 55.50 |
| Gross Profit | 57.41 | 54.82 | 49.24 | 46.26 | 41.89 | 40.73 | 38.62 | 36.18 |
| Selling, General and Administrative Excl. Other | 78.11 | 76.36 | 72.44 | 69.50 | 59.62 | 56.01 | 53.27 | 52.29 |
| Research and Development | 26.23 | 26.11 | 24.53 | 25.14 | 23.01 | 22.74 | 21.35 | 21.36 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -20.70 | -21.54 | -23.20 | -23.24 | -17.74 | -15.28 | -14.66 | -16.10 |
| Interest Expense | 0.48 | 0.28 | 0.23 | 0.37 | 2.15 | 2.42 | 2.41 | 1.87 |
| Unusual Expense | 0.54 | 0.22 | 0.38 | 1.15 | 17.32 | 0.83 | 2.57 | 2.77 |
| Net Income Before Taxes | -18.85 | -19.39 | -19.59 | -21.55 | -36.40 | -20.35 | -15.54 | -18.59 |
| Income Taxes | -0.09 | 0.17 | 0.56 | 0.39 | 0.49 | 0.87 | 0.77 | 0.31 |
| Consolidated Net Income | -18.76 | -19.56 | -20.15 | -21.94 | -36.89 | -21.22 | -16.32 | -18.90 |
| Net Income From Continuing Operations | -18.76 | -19.56 | -20.15 | -21.94 | -36.89 | -21.22 | -16.32 | -18.79 |
| Net Income | -18.76 | -19.56 | -20.15 | -21.94 | -36.89 | -21.22 | -16.32 | -18.79 |
| EPS (Recurring) | -0.23 | -0.24 | -0.24 | -0.26 | -0.31 | -0.26 | -0.18 | -0.21 |
| EPS (Basic, Before Extraordinaries) | -0.23 | -0.24 | -0.25 | -0.27 | -0.46 | -0.27 | -0.21 | -0.24 |
| EPS (Diluted) | -0.23 | -0.24 | -0.25 | -0.27 | -0.46 | -0.27 | -0.21 | -0.24 |
| EBITDA | -18.26 | -19.16 | -20.80 | -21.19 | -15.60 | -13.72 | -12.95 | -12.07 |
| Non-Operating Income (Expense) | 2.86 | 2.65 | 4.22 | 3.21 | 0.81 | -1.82 | 4.08 | 2.16 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 12.11 | 12.65 | 12.30 | 11.37 | 5.21 | 3.68 | 3.71 | 4.25 |
| Price To Sales Ratio | 4.70 | 3.00 | 2.63 | 5.42 | 9.40 | - | - | - |
| Gross Margin | 40.00 | 40.40 | 38.64 | 38.91 | 38.20 | 38.02 | 39.15 | 39.47 |
| Operating Margin | -14.42 | -15.87 | -18.21 | -19.54 | -16.18 | -14.26 | -14.86 | -17.56 |
| Net Margin | -13.07 | -14.41 | -15.81 | -18.45 | -33.64 | -19.81 | -16.54 | -20.49 |
| Shares Outstanding | 82.20 | 81.44 | 81.26 | 81.12 | 79.59 | 79.51 | 79.51 | 79.51 |
| Market Capitalization | 3,639.22 | 1,474.71 | 1,217.83 | 2,349.54 | 3,815.48 | 3,782.95 | - | - |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY |
|---|---|---|---|
| Cash & Short Term Investments | 370.91 | 77.91 | 71.74 |
| Short Term Receivables | 81.57 | 73.76 | 59.40 |
| Inventories | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 16.27 | 10.64 | 10.68 |
| Total Current Assets | 468.75 | 162.30 | 141.82 |
| Net Property, Plant & Equipment | 31.71 | 26.38 | 27.26 |
| Total Investments and Advances | 1.17 | 1.08 | 1.86 |
| Intangible Assets | 228.33 | 186.46 | 194.14 |
| Deferred Tax Assets | 11.39 | 9.46 | 10.27 |
| Other Assets | 2.60 | 2.14 | 2.25 |
| Total Assets | 743.95 | 387.83 | 377.60 |
| Short Term Debt Incl. Current Port. of LT Debt | 9.75 | 8.31 | 6.88 |
| Accounts Payable | 4.43 | 3.92 | 6.85 |
| Income Tax Payable | 1.62 | 1.50 | 2.32 |
| Other Current Liabilities | 78.44 | 62.83 | 59.54 |
| Total Current Liabilities | 94.23 | 76.55 | 75.58 |
| Long Term Debt | 9.38 | 1,269.36 | 1,206.01 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 10.86 | 9.06 | 9.65 |
| Other Liabilities | 1.75 | 20.72 | 4.92 |
| Total Liabilities | 116.22 | 1,375.69 | 1,296.16 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 |
| Common Equity | 627.74 | -987.09 | -918.08 |
| Total Shareholders Equity | 627.74 | -987.09 | -918.08 |
| Accumulated Minority Interest | 0.00 | -0.76 | -0.49 |
| Total Equity | 627.74 | -987.86 | -918.57 |
| Total Liabilities & Stockholders Equity | 743.95 | 387.83 | 377.60 |
| Book Value Per Share | 7.74 | -12.41 | -11.55 |
| Tangible Book Value Per Share | 4.92 | -14.76 | -13.99 |
| Full-Time Employees | 1,040 | 951 | - |
| Price to Book Ratio | 5.93 | 4.08 | - |
| Return on Assets | -17.03 | -23.59 | - |
| Return on Invested Capital | -15.12 | -31.98 | -40.53 |
| Quick Ratio | 4.97 | 2.12 | 1.88 |
| Current Ratio | 4.97 | 2.12 | 1.88 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY |
|---|---|---|---|---|
| Net Income | -80.40 | -96.36 | -90.55 | -116.96 |
| Depreciation | 9.27 | 8.53 | 9.13 | 8.02 |
| Other Funds (Non Cash) | 73.55 | 62.19 | 32.98 | 19.44 |
| Funds from Operations | 3.08 | -25.76 | -48.22 | -89.34 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -49.91 | -5.11 | -21.74 | -3.28 |
| Cash from Operating Activities | -46.83 | -30.87 | -69.96 | -92.62 |
| Capital Expenditures | -8.80 | -5.91 | -4.45 | -4.80 |
| Net Assets From Acquisitions | -39.89 | -39.89 | 0.00 | -38.53 |
| Sale of Fixed Assets and Businesses | 0.28 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -48.41 | -45.81 | -4.45 | -43.33 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 65.40 | 396.15 | 2.83 | 114.39 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 65.40 | 396.15 | 2.83 | 114.39 |
| Proceedsfrom Stock Options | 55.58 | 362.40 | 0.00 | 111.56 |
| Issuance or Reduction of Debt, Net | -25.00 | -27.82 | 77.45 | 0.00 |
| Change in Long Term Debt | -25.00 | -27.82 | 77.45 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 7.18 | 82.45 | 0.00 |
| Reduction of Long Term Debt | -25.00 | -35.00 | -5.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 40.40 | 368.33 | 80.28 | 113.93 |
| Exchange Rate Effect | -0.40 | 1.45 | -0.48 | 2.25 |
| Net Change in Cash | -55.23 | 293.10 | 5.39 | -19.77 |
| Free Cash Flow | -55.63 | -36.78 | -74.41 | -97.42 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 |
| Deferred Taxes & Investment Tax Credit | - | -0.12 | 0.22 | 0.17 |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 322.80 | 335.92 | 348.16 | 370.91 | 378.16 | 78.21 |
| Short Term Receivables | 123.34 | 104.68 | 94.92 | 81.57 | 84.31 | 82.23 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 17.20 | 16.81 | 18.10 | 16.27 | 15.64 | 13.09 |
| Total Current Assets | 463.34 | 457.41 | 461.18 | 468.75 | 478.11 | 173.53 |
| Net Property, Plant & Equipment | 41.77 | 33.14 | 33.46 | 31.71 | 29.25 | 29.86 |
| Total Investments and Advances | 1.26 | 1.30 | 1.22 | 1.17 | 1.13 | 1.09 |
| Intangible Assets | 222.49 | 223.69 | 225.34 | 228.33 | 190.09 | 192.53 |
| Deferred Tax Assets | 0.52 | 0.40 | 0.44 | 11.39 | 1.18 | 0.36 |
| Other Assets | 2.28 | 2.41 | 1.69 | 2.60 | 2.29 | 1.49 |
| Total Assets | 731.65 | 718.35 | 723.32 | 743.95 | 702.06 | 398.87 |
| Short Term Debt Incl. Current Port. of LT Debt | 11.80 | 9.83 | 10.02 | 9.75 | 8.11 | 7.95 |
| Accounts Payable | 5.16 | 6.04 | 7.22 | 4.43 | 5.66 | 6.90 |
| Income Tax Payable | 1.46 | 1.36 | 1.73 | 1.62 | 1.34 | 1.75 |
| Other Current Liabilities | 80.76 | 73.57 | 71.65 | 78.44 | 77.59 | 66.21 |
| Total Current Liabilities | 99.17 | 90.80 | 90.62 | 94.23 | 92.70 | 82.81 |
| Long Term Debt | 12.50 | 8.20 | 9.25 | 9.38 | 33.41 | 1,300.49 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | - | - | - | 10.86 | - | - |
| Other Liabilities | 0.90 | 1.05 | 1.32 | 1.75 | 1.35 | 19.17 |
| Total Liabilities | 112.56 | 100.04 | 101.19 | 116.22 | 127.47 | 1,402.48 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 619.09 | 618.31 | 622.13 | 627.74 | 574.59 | -1,003.61 |
| Total Shareholders Equity | 619.09 | 618.31 | 622.13 | 627.74 | 574.59 | -1,003.61 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 619.09 | 618.31 | 622.13 | 627.74 | 574.59 | -1,003.61 |
| Total Liabilities & Stockholders Equity | 731.65 | 718.35 | 723.32 | 743.95 | 702.06 | 398.87 |
| Book Value Per Share | 7.53 | 7.59 | 7.66 | 7.74 | 7.22 | -12.62 |
| Tangible Book Value Per Share | 4.82 | 4.85 | 4.88 | 4.92 | 4.83 | -15.04 |
| Full-Time Employees | - | - | - | 1,040 | - | - |
| Price to Book Ratio | 5.93 | 2.37 | 1.94 | 4.02 | -3.81 | -3.78 |
| Return on Assets | -11.22 | -17.64 | - | -17.03 | - | - |
| Return on Equity | -13.47 | - | - | - | - | - |
| Return on Invested Capital | -2.97 | -3.12 | -3.19 | -3.44 | -6.07 | -7.15 |
| Quick Ratio | 4.67 | 5.04 | 5.09 | 4.97 | 5.16 | 2.10 |
| Current Ratio | 4.67 | 5.04 | 5.09 | 4.97 | 5.16 | 2.10 |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Net Income | -18.76 | -19.56 | -20.15 | -21.94 | -36.89 | - |
| Depreciation | 2.43 | 2.38 | 2.40 | 2.05 | 2.13 | - |
| Other Funds (Non Cash) | 18.87 | 18.83 | 18.85 | 17.00 | 26.61 | - |
| Funds from Operations | 2.42 | 1.69 | 1.19 | -2.22 | -8.97 | - |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Changes in Working Capital | -16.95 | -12.33 | -22.39 | 1.77 | 0.44 | - |
| Cash from Operating Activities | -14.53 | -10.64 | -21.20 | -0.46 | -8.53 | - |
| Capital Expenditures | -2.76 | -2.40 | -2.28 | -1.35 | -1.46 | - |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | -39.89 | 0.00 | - |
| Sale of Fixed Assets and Businesses | 0.00 | 0.28 | 0.00 | 0.00 | 0.00 | - |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Cash from Investing Activities | -2.76 | -2.12 | -2.28 | -41.25 | -1.46 | - |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Change in Capital Stock | 4.34 | 0.69 | 1.00 | 59.38 | 314.72 | - |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Sale of Common Pref Stock | 4.34 | 0.69 | 1.00 | 59.38 | 314.72 | - |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 55.58 | 306.82 | - |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | -25.00 | -5.00 | - |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | -25.00 | -5.00 | - |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | -0.32 | - |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | -25.00 | -4.68 | - |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Cash from Financing Activities | 4.34 | 0.69 | 1.00 | 34.38 | 309.72 | - |
| Exchange Rate Effect | -0.20 | -0.09 | -0.23 | 0.12 | 0.26 | - |
| Net Change in Cash | -13.16 | -12.16 | -22.71 | -7.21 | 299.99 | - |
| Free Cash Flow | -17.29 | -13.05 | -23.48 | -1.81 | -12.11 | - |
Revenue breakdown
| Germany | 2024: 78.53M 2025: 83.53M |
|---|---|
| Other Geographical Areas | 2024: 38.10M 2025: 41.14M |
| United States | 2024: 221.00M 2025: 309.66M |
| Consolidation, Policy | 2024: 6.79M |
| Reportable | 2024: 330.84M 2025: 434.34M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 18.59% | 6.0M | 32.3M | 725.56K |
| 2026-10-15 | 20.69% | 6.7M | 32.3M | 778.05K |
| 2026-09-30 | 24.60% | 7.9M | 32.3M | 816.46K |
| 2026-09-15 | 19.39% | 6.3M | 32.3M | 911.69K |
| 2026-08-31 | 17.72% | 5.7M | 32.3M | 976.00K |
| 2026-08-14 | 18.38% | 5.9M | 32.1M | 1.00M |
| 2026-07-31 | 20.60% | 6.8M | 33.2M | 984.44K |
| 2026-07-15 | 19.49% | 6.5M | 33.2M | 924.40K |
| 2026-06-30 | 20.28% | 6.9M | 34.0M | 869.68K |
| 2026-06-15 | 18.17% | 6.1M | 33.8M | 753.05K |
| 2026-05-29 | 14.64% | 5.1M | 34.7M | 766.32K |
| 2026-05-15 | 13.52% | 4.7M | 34.7M | 764.97K |
| 2026-04-30 | 12.02% | 4.3M | 35.8M | 736.97K |
| 2026-04-15 | 13.32% | 4.1M | 30.6M | 743.75K |
| 2026-03-31 | 14.26% | 4.4M | 30.6M | 745.74K |
| 2026-03-13 | 13.96% | 4.3M | 30.6M | 711.34K |
| 2026-02-27 | 12.54% | 3.8M | 30.6M | 600.27K |
| 2026-02-13 | 13.67% | 4.2M | 30.6M | 542.52K |
| 2026-01-30 | 11.77% | 3.6M | 30.6M | 482.96K |
| 2026-01-15 | 9.60% | 2.9M | 30.6M | 417.16K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 15.00 | 26.50 | 29.60 | 0.00 | 6.434 | 0.00 | 0.00 | 0.946 | -0.245 | 0.007 |
| call | 17.50 | 24.00 | 27.10 | 18.15 | 5.601 | 5.00 | 0.00 | 0.936 | -0.243 | 0.008 |
| call | 20.00 | 21.50 | 24.50 | 0.00 | 4.797 | 0.00 | 0.00 | 0.926 | -0.239 | 0.009 |
| call | 22.50 | 19.00 | 22.10 | 13.15 | 4.280 | 0.00 | 0.00 | 0.914 | -0.233 | 0.010 |
| call | 25.00 | 16.50 | 19.60 | 0.00 | 3.733 | 0.00 | 0.00 | 0.901 | -0.226 | 0.012 |
| call | 30.00 | 11.50 | 13.30 | 9.80 | 1.780 | 28.00 | 0.00 | 0.866 | -0.206 | 0.014 |
| call | 35.00 | 6.60 | 8.70 | 5.10 | 1.436 | 109 | 0.00 | 0.813 | -0.178 | 0.018 |
| call | 40.00 | 3.00 | 3.80 | 4.17 | 0.807 | 143 | 0.00 | 0.683 | -0.157 | 0.024 |
| call | 45.00 | 0.00 | 2.05 | 1.67 | 1.104 | 9.00 | 0.00 | 0.422 | -0.166 | 0.026 |
| call | 50.00 | 0.00 | 1.40 | 0.00 | 1.394 | 0.00 | 0.00 | 0.273 | -0.176 | 0.022 |
| call | 55.00 | 0.00 | 1.35 | 0.00 | 1.786 | 0.00 | 0.00 | 0.224 | -0.202 | 0.020 |
| call | 60.00 | 0.00 | 1.35 | 0.00 | 2.133 | 0.00 | 0.00 | 0.198 | -0.225 | 0.019 |
| call | 65.00 | 0.00 | 1.35 | 0.00 | 2.432 | 0.00 | 0.00 | 0.181 | -0.242 | 0.018 |
| put | 15.00 | 0.00 | 1.35 | 0.00 | 5.881 | 0.00 | 0.00 | -0.054 | -0.244 | 0.007 |
| put | 17.50 | 0.00 | 1.35 | 0.00 | 5.117 | 0.00 | 0.00 | -0.064 | -0.241 | 0.008 |
| put | 20.00 | 0.00 | 1.35 | 0.00 | 4.467 | 0.00 | 0.00 | -0.074 | -0.236 | 0.009 |
| put | 22.50 | 0.00 | 1.35 | 0.00 | 3.899 | 0.00 | 0.00 | -0.086 | -0.230 | 0.010 |
| put | 25.00 | 0.00 | 1.35 | 0.20 | 3.392 | 7.00 | 0.00 | -0.099 | -0.223 | 0.012 |
| put | 30.00 | 0.00 | 1.35 | 0.01 | 2.506 | 40.00 | 0.00 | -0.134 | -0.203 | 0.014 |
| put | 35.00 | 0.00 | 1.35 | 1.40 | 1.728 | 7.00 | 0.00 | -0.187 | -0.174 | 0.018 |
| put | 40.00 | 0.35 | 1.90 | 2.80 | 1.217 | 2.00 | 0.00 | -0.317 | -0.153 | 0.024 |
| put | 45.00 | 2.25 | 4.30 | 0.00 | 1.144 | 0.00 | 0.00 | -0.578 | -0.161 | 0.026 |
| put | 50.00 | 6.70 | 8.70 | 0.00 | 1.465 | 0.00 | 0.00 | -0.727 | -0.170 | 0.022 |
| put | 55.00 | 11.70 | 13.50 | 0.00 | 1.793 | 0.00 | 0.00 | -0.776 | -0.196 | 0.020 |
| put | 60.00 | 16.70 | 18.50 | 0.00 | 2.143 | 0.00 | 0.00 | -0.802 | -0.218 | 0.019 |
| put | 65.00 | 21.50 | 23.50 | 0.00 | 2.446 | 0.00 | 0.00 | -0.819 | -0.235 | 0.018 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-09 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-09-30 | SEC |
| 2026-11-09 | 8-K | Current report | 2026-11-09 | SEC |
| 2026-08-20 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-18 | SEC |
| 2026-08-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-11 | SEC |
| 2026-08-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-10 | SEC |
| 2026-08-06 | S-8 | Initial registration statement for securities to be offered to employees pursuant to employee benefit plans | SEC | |
| 2026-08-06 | 8-K | Current report | 2026-08-06 | SEC |
| 2026-08-06 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-06 | 3 | Initial statement of beneficial ownership of securities | 2026-07-27 | SEC |
| 2026-07-10 | 8-K | Current report | 2026-07-10 | SEC |
| 2026-06-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-12 | SEC |
| 2026-06-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-12 | SEC |
| 2026-06-11 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-09 | SEC |
| 2026-05-21 | 8-K | Current report | 2026-05-18 | SEC |
| 2026-05-12 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-05-12 | 8-K | Current report | 2026-05-12 | SEC |
| 2026-04-08 | ARS | Annual report to security holders. | 2025-12-31 | SEC |
| 2026-04-08 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-04-08 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-05-18 | SEC |
| 2026-03-06 | 10-K | Annual report pursuant to Section 13 or 15(d) | 2025-12-31 | SEC |
| 2026-02-27 | 8-K | Current report | 2026-02-27 | SEC |
| 2026-02-17 | 4 | Statement of changes in beneficial ownership of securities | 2026-02-12 | SEC |
| 2026-01-05 | 4 | Statement of changes in beneficial ownership of securities | 2025-12-31 | SEC |
| 2025-12-19 | 4 | Statement of changes in beneficial ownership of securities | 2025-12-18 | SEC |
| 2025-12-15 | 8-K | Current report | 2025-12-15 | SEC |
| 2025-12-08 | 4 | Statement of changes in beneficial ownership of securities | 2025-12-04 | SEC |
| 2025-11-14 | SCHEDULE 13G | SEC | ||
| 2025-11-14 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2025-09-30 | SEC |
| 2025-11-13 | 8-K | Current report | 2025-11-13 | SEC |
| 2025-11-13 | SCHEDULE 13G | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 1.25M | 2 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 487.29K | 5 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| Exor N.V. | 17.37% |
| BlackRock, Inc. | 3.87% |
| ION Crossover Partners Ltd | 3.50% |
| GILDER GAGNON HOWE & CO LLC | 3.17% |
| WELLINGTON MANAGEMENT GROUP LLP | 3.06% |
| FMR LLC | 2.57% |
| Capital World Investors | 2.25% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2.22% |
| Koch, Inc. | 2.09% |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.72% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD WELLINGTON FUND | 3.71% |
| iShares Russell 2000 ETF | 1.67% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 1.52% |
| Fidelity Blue Chip Growth Fund | 1.16% |
| VANGUARD SMALL-CAP INDEX FUND | 1.09% |
| Janus Henderson Global Technology and Innovation Fund | 0.91% |
| Fidelity Small Cap Index Fund | 0.71% |
| SmallCap Fund | 0.58% |
| iShares Russell 2000 Value ETF | 0.47% |
| VANGUARD RUSSELL 2000 INDEX FUND | 0.37% |
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