LIVE Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	23.5M EUR	30.72M EUR	36.71M EUR	45.46M EUR
Enterprise Value	238M EUR	244.98M EUR	254.24M EUR	254.38M EUR
Valuation Multiples
Trailing P/E	--	--	9.48x	7.19x
Forward P/E	1.02x	--	--	--
Price to Sales	0.05x	0.07x	0.08x	0.14x
Price to Book	0.26x	0.33x	0.4x	0.48x
EV/Revenue	0.55x	0.56x	0.58x	0.76x
EV/EBITDA	7.91x	6.39x	5.94x	7.45x
Price to FCF (P/FCF)	1.58x	2.2x	1.89x	1.88x
EV/FCF	16.04x	17.58x	13.06x	10.52x
FCF Yield	63.15%	45.37%	53.02%	53.17%