Financial Snapshot

Revenue
$25.31M
TTM
Gross Margin
7.23%
TTM
Net Earnings
-$5.572M
TTM
Current Assets
$7.411M
Q2 2024
Current Liabilities
$4.957M
Q2 2024
Current Ratio
149.5%
Q2 2024
Total Assets
$9.929M
Q2 2024
Total Liabilities
$7.500M
Q2 2024
Book Value
$2.429M
Q2 2024
Cash
P/E
-2.696
Nov 29, 2024 EST
Free Cash Flow
$1.539M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $13.14M $31.15M $17.15M
YoY Change -57.81% 81.63%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $13.14M $31.15M $17.15M
Cost Of Revenue $12.04M $26.55M $14.90M
Gross Profit $1.097M $4.600M $2.260M
Gross Profit Margin 8.35% 14.77% 13.18%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin €1.544M $2.890M $1.760M
YoY Change -46.56% 64.2%
% of Gross Profit 140.76% 62.83% 77.88%
Research & Development €19.88K
YoY Change
% of Gross Profit 0.88%
Depreciation & Amortization $127.9K $40.00K $20.00K
YoY Change 219.82% 100.0%
% of Gross Profit 11.66% 0.87% 0.88%
Operating Expenses €1.544M $2.930M $1.780M
YoY Change -47.29% 64.61%
Operating Profit -$447.2K $1.670M $480.0K
YoY Change -126.78% 247.92%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense €406.0K -$280.0K -$130.0K
YoY Change -245.01% 115.38%
% of Operating Profit -16.77% -27.08%
Other Income/Expense, Net $0.00 $0.00 $0.00
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income -$3.131M $1.400M $350.0K
YoY Change -323.62% 300.0%
Income Tax -$1.117M $370.0K $80.00K
% Of Pretax Income 26.43% 22.86%
Net Earnings -€2.014M $1.030M $270.0K
YoY Change -295.51% 281.48%
Net Earnings / Revenue -15.32% 3.31% 1.57%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.04 $0.02 $0.01

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $2.665M $500.0K $620.0K
YoY Change 432.92% -19.35%
Cash & Equivalents
Short-Term Investments $2.044M
Other Short-Term Assets $259.5K $110.0K $20.00K
YoY Change 135.94% 450.0%
Inventory $6.375M $10.74M $5.160M
Prepaid Expenses
Receivables $2.087M $3.100M $3.100M
Other Receivables $1.735M $180.0K $70.00K
Total Short-Term Assets $13.12M $14.62M $8.960M
YoY Change -10.25% 63.17%
Property, Plant & Equipment $214.0K $240.0K $80.00K
YoY Change -10.83% 200.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.057M $0.00 $0.00
YoY Change
Total Long-Term Assets $2.106M $620.0K $190.0K
YoY Change 239.73% 226.32%
Total Assets $15.23M $15.24M $9.150M
YoY Change
Accounts Payable $1.848M $2.410M $2.670M
YoY Change -23.34% -9.74%
Accrued Expenses $56.42K $50.00K $30.00K
YoY Change 12.84% 66.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.933M $8.070M $4.220M
YoY Change -51.26% 91.23%
Total Short-Term Liabilities $9.825M $10.96M $8.170M
YoY Change -10.36% 34.15%
Long-Term Debt $112.8K $360.0K $600.0K
YoY Change -68.67% -40.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $112.8K $360.0K $600.0K
YoY Change -68.67% -40.0%
Total Liabilities $9.970M $11.32M $8.760M
YoY Change -11.92% 29.22%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $15.026 Million

About Turbo Energy, S.A.

Turbo Energy SA provides energy solutions. The company is headquartered in Valencia, Valencia and currently employs 38 full-time employees. The company went IPO on 2023-09-22. The firm works on launching photovoltaic solutions for any type of building, from collective solutions to the simplest plug & play solutions that do not require an installer. The firm has more than 20 years of experience of the entire utility-scale photovoltaic value chain and a +700MW plant development pipeline. The company aims to support the decentralization of energy generation by acting on Energy Communities, Carbon Credits and Virtual Power Plants. The company also makes energy independence possible through technology and customization. Through its application one can control and customize the generation and consumption of energy in the business and access in real time to the status of the batteries, solar production, alerts and energy, environmental and bill savings.

Industry: Miscellaneous Electrical Machinery, Equipment & Supplies Peers: Wallbox N.V.