Desr.At
DESR.AT operates in the Leisure & Recreation industry, providing services related to hotels, restaurants, and leisure activities, and generates revenue primarily through service fees and direct consumer transactions.
Business. DESR.AT operates in the Leisure & Recreation industry, providing services related to hotels, restaurants, and leisure activities, and generates revenue primarily through service fees and direct consumer transactions.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
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Synthesis
DESR.AT operates in the Leisure & Recreation industry, providing services related to hotels, restaurants, and leisure activities, and generates revenue primarily through service fees and direct consumer transactions.
DESR.AT's capital structure is characterized by a relatively low debt-to-equity ratio of 0.23, indicating a conservative leverage position compared to industry norms. The company holds 5,975,200 EUR in cash and equivalents, but its operating cash flow is negative at -937,410 EUR, and free cash flow is also negative at -2,045,050 EUR, suggesting ongoing cash flow challenges. The current ratio of 11.32 indicates strong short-term liquidity, but the negative net cash position after subtracting total debt raises concerns about liquidity risk.
Profitability metrics for DESR.AT show a return on equity of 2.15% and a return on assets of 1.67%, both of which are below the industry median for Leisure & Recreation firms. The company reported a net income of 771,270 EUR despite an operating loss of -1,260,780 EUR, which may reflect non-operating income or gains. Gross profit of 1,834,780 EUR is modest relative to revenue of 7,084,520 EUR, indicating low gross margin performance.
Geographic and segment exposure data is not available in the provided input, but the company's revenue concentration is not disclosed. Given the cyclical nature of the Leisure & Recreation industry, revenue is likely sensitive to macroeconomic conditions and consumer spending trends.
The company's growth trajectory is uncertain, as the outlook for the current fiscal year does not include specific numeric deltas. Historical revenue data shows a reported 7,084,520 EUR in revenue, but no year-over-year growth figures are provided. Analyst estimates suggest a last actual revenue of 605,169,000 EUR, which may reflect a prior period or a different reporting standard.
Risk factors for DESR.AT include medium liquidity risk due to negative operating and free cash flows, and a low dilution risk as shares outstanding remain unchanged between basic and diluted measures. The company's capital expenditure of -3,547,600 EUR indicates significant investment in long-term assets, which may impact short-term liquidity.
Recent events include the filing of financial data showing a net income despite an operating loss, and the absence of disclosed earnings call transcripts or regulatory filings beyond the financial snapshot. No major corporate actions or strategic announcements are reported in the available data.
- DESR.AT maintains a conservative capital structure with a low debt-to-equity ratio of 0.23.
- The company's return on equity and return on assets are below industry medians, indicating subpar profitability.
- Negative operating and free cash flows raise concerns about liquidity despite a high current ratio.
- No significant revenue growth is reported, and the outlook for the current fiscal year is not quantified.
- The company's capital expenditures are substantial, which may affect short-term liquidity.
- Dilution risk is low, and shares outstanding remain unchanged between basic and diluted measures.
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- Net cash is negative after subtracting total debt.
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- DESR.AT Market data — financials · 2026-05-27
- Centric Holdings SA Market data — analyst estimates · 2026-05-27