PA
PALG.DE
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XETRA
Entertainment Production
PAL Next AG
Last 30 days
1D5D1M3M6MYTD1Y5YMax
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About
PAL Next AG operates in the entertainment production industry, providing services related to the creation and distribution of entertainment content.
Business. PAL Next AG (PALG.DE) is an entertainment production company operating within the Cyclical Consumer Services sector. The firm generates revenue primarily through a subscription-based model, focusing on key industry metrics such as streaming subscriber growth and average revenue per user. PAL Next AG is listed on the Xetra exchange. Specific details regarding operating segments and geographic breakdowns are not available.
Classification92 %
SectorConsumer Cyclicals
Business sectorCyclical Consumer Services
IndustryEntertainment Production
Generated · model-assisted
Sell-side consensus
HOLD1 analysts
0 buy1 hold0 sell
Avg 12m price target1,00
Analyst recommendations
1 analysts · consensus HoldBuy0
Hold1
Sell0
12-month price target
1,00
Consensus of sell-side coverage.
At a glance
Score
—
not yet scored
Valuation
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valuation pending
Analysts→
Hold
1 analysts · indicative
Ownership
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not yet wired
Profitability
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not yet wired
Quality
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not yet scored
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
0Sector rotation
Sector1D1Mvs mkt
Materials+2,3 %+6,6 %+1,7 %
Communication Services+2,2 %−5,5 %+1,6 %
Energy+0,6 %+3,3 %+0,0 %
Health Care+0,6 %−0,8 %+0,0 %
Information Technology+0,6 %+6,7 %+0,0 %
Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
Financials−0,3 %−2,8 %−0,9 %
Consumer Staples−0,4 %+2,5 %−1,0 %
Real Estate−0,7 %+10,9 %−1,3 %
Industrials−1,9 %−3,1 %−2,5 %
Utilities−1,9 %+28,2 %−2,5 %
Developing storylines
No tracked sagas currently linked to PALG.DE. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-08-04
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- 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
— missing data
Signals & dispatch
peak dispatch · —
Composite-score breakdown
Synthesis
Business
PAL Next AG (PALG.DE) is an entertainment production company operating within the Cyclical Consumer Services sector. The firm generates revenue primarily through a subscription-based model, focusing on key industry metrics such as streaming subscriber growth and average revenue per user. PAL Next AG is listed on the Xetra exchange. Specific details regarding operating segments and geographic breakdowns are not available.
Classification92 %
SectorConsumer Cyclicals
Business sectorCyclical Consumer Services
IndustryEntertainment Production
AI synthesis
GENERATED— missing data
Key takeaways
- PAL Next AG's liquidity risk cannot be assessed due to missing balance-sheet data.
- The company's profitability and returns are not available for comparison with industry benchmarks.
- No information is provided on the company's segments or geographic exposure.
- Growth trajectory and outlook data for the current and next fiscal years are not disclosed.
- Risk factors include the inability to assess liquidity and the absence of dilution pressure.
Bull / Bear case
Generated · model-assisted— missing data
In focus — financials by report
Annual
ANNUALFiled 2026-03-31
FY 2026 · Full-year highlights
Revenue €23.0M, +452,6% YoY; Operating income +72,8% YoY.
Revenue€23.0M+452,6 % YoY
Operating income-€908.5k+72,8 % YoY
Net income-€908.8k+73,2 % YoY
Free cash flow€18.0M+183,8 % YoY
EPS—
Operating cash flow€11.2M−6,1 % YoY
Financials
Income statement
Revenue€23.0M
Gross profit€22.2M
Operating income-€908.5k
Net income-€908.8k
Margins
Gross margin96.5%
Operating margin-4.0%
Net margin-4.0%
FCF margin78.4%
Balance sheet
Total assets€59.7M
Total liabilities€52.7M
Total equity€7.0M
Cash & equivalents€51.6M
Long-term debt€50.7M
Cash flow
Operating cash flow€11.2M
CapEx-€5.0M
Free cash flow€18.0M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue €23.0M, +452,6% YoY
- ▍Operating income +72,8% YoY
- ▍Net income +73,2% YoY
- ▍Free cash flow +183,8% YoY
- ▍Net margin -4.0%
ANNUALFiled 2024-04-22
FY 2024 · Full-year highlights
Revenue €35.4M, +79,6% YoY; Operating income +54,6% YoY.
Revenue€35.4M+79,6 % YoY
Operating income-€3.6M+54,6 % YoY
Net income-€3.6M+54,1 % YoY
Free cash flow€14.3M+172,3 % YoY
EPS—
Operating cash flow€7.1M−50,8 % YoY
Financials
Income statement
Revenue€35.4M
Gross profit€23.9M
Operating income-€3.6M
Net income-€3.6M
Margins
Gross margin67.4%
Operating margin-10.2%
Net margin-10.2%
FCF margin40.5%
Balance sheet
Total assets€42.4M
Total liabilities€39.8M
Total equity€2.6M
Cash & equivalents€29.0M
Long-term debt€36.3M
Cash flow
Operating cash flow€7.1M
CapEx-€5.4M
Free cash flow€14.3M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue €35.4M, +79,6% YoY
- ▍Operating income +54,6% YoY
- ▍Net income +54,1% YoY
- ▍Free cash flow +172,3% YoY
- ▍Net margin -10.2%
ANNUALFiled 2023-06-27
FY 2023 · Full-year highlights
Revenue €19.7M, −53,7% YoY; Operating income −320,8% YoY.
Revenue€19.7M−53,7 % YoY
Operating income-€7.9M−320,8 % YoY
Net income-€7.9M−270,7 % YoY
Free cash flow-€19.9M−1 141,8 % YoY
EPS—
Operating cash flow€14.4M+17,8 % YoY
Financials
Income statement
Revenue€19.7M
Gross profit€15.1M
Operating income-€7.9M
Net income-€7.9M
Margins
Gross margin76.7%
Operating margin-40.2%
Net margin-40.0%
FCF margin-100.7%
Balance sheet
Total assets€51.6M
Total liabilities€49.9M
Total equity€1.7M
Cash & equivalents€15.6M
Long-term debt€29.3M
Cash flow
Operating cash flow€14.4M
CapEx-€29.6M
Free cash flow-€19.9M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue €19.7M, −53,7% YoY
- ▍Operating income −320,8% YoY
- ▍Net income −270,7% YoY
- ▍Free cash flow −1 141,8% YoY
- ▍Net margin -40.0%
ANNUALFiled 2022-05-30
FY 2022 · Full-year highlights
Revenue €42.6M; Operating income -€1.9M.
Revenue€42.6M
Operating income-€1.9M
Net income-€2.1M
Free cash flow€1.9M
EPS—
Operating cash flow€12.2M
Financials
Income statement
Revenue€42.6M
Gross profit€19.0M
Operating income-€1.9M
Net income-€2.1M
Margins
Gross margin44.5%
Operating margin-4.4%
Net margin-5.0%
FCF margin4.5%
Balance sheet
Total assets€37.6M
Total liabilities€28.5M
Total equity€9.1M
Cash & equivalents€14.1M
Long-term debt€12.9M
Cash flow
Operating cash flow€12.2M
CapEx-€14.5M
Free cash flow€1.9M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue €42.6M
- ▍Operating income -€1.9M
- ▍Net margin -5.0%
Valuation FY
Market price
€0,92
Market cap
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Enterprise valueⓘ
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Non-GAAP P/Eⓘ
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ROAⓘ
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ROEⓘ
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Cash conversionⓘ
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CapEx / revenueⓘ
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SBC / revenueⓘ
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Dilution ratioⓘ
0.0%
Revenue by segment
Business relationships
— missing data
Supply chain
— missing data
Peer comparison
— missing data
Market position
Stress test
— missing data
Predictor forecast
Next quarternear-term
Earnings · next quarterconf 45 %
EPS
Consensus EPS
0,04
Predicted surprise
+0,00
Beat probability
45 %
Analysts
1
Other metrics
Revenue
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no estimate
Segment revenue
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no estimate
Margin
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no estimate
Segment margin
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no estimate
as of 2026-05-10 · Earnings Surprise V1
Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
Full fiscal year~1 year ahead
Full fiscal year · our forecast vs guidance vs consensus
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,04 |
| Revenue | —no estimate | —no estimate | 8,0M EUR |
| Operating income | —no estimate | —no estimate | 1,1M EUR |
Full-year consensus mean (period as reported by source) · consensus in EUR. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
Probabilistic model output — not investment advice. · generated 2026-08-04
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Consensus distribution
sell-side coverageRecommendation distribution1 analysts
Strong buy0
Buy0
Hold1
Sell0
Strong sell0
12-month price target€1,00 · Median €1,00
Low €1,00High €1,00
Operating income · consensus1,1M EUR
EPS surprise
−150,0 %
reported vs consensus · miss
Revenue surprise
+187,4 %
reported vs consensus · beat
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
Low€1,00
Mean€1,00
Median€1,00
High€1,00
Spot€0,92
+8.7 %implied to mean12-month sell-side price targets · ▲ spot
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskLow
Liquidity riskUnknown
Benchmarks vs cohort
No cohort benchmark data available for this issuer yet.
Corporate actions / M&A
— missing data
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
— missing data
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
How metrics are computed
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
Source documents
- PAL Next AG Market data — financials · 2026-05-28
- PAL Next AG Market data — analyst estimates · 2026-05-28
Ownership & reference
Leadership
- Dan MaagChairman of the Supervisory Board
Insider activity
— missing data
Short positioning
— missing data
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
PALG.DECanonical
XETRA · EUR
Intel & risk
peak dispatch · —
OSINT findings
Dilution riskLow
Liquidity riskUnknown
Evidence & claims
From filings & derived data— missing data
The Thread
Everything we know, in order2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
2026-06-20 00:43 UTCANALYSTAnalyst coverage initiated
2026-06-20 00:43 UTCANALYSTAnalyst coverage initiated
2026-03-31 06:32 UTCEARNINGSAnnual results — FY 2026 Revenue EUR 23.0M · Net EUR -0.9M
2024-04-22 07:35 UTCEARNINGSAnnual results — FY 2024 Revenue EUR 35.4M · Net EUR -3.6M
2023-06-27 19:21 UTCEARNINGSAnnual results — FY 2023 Revenue EUR 19.7M · Net EUR -7.9M
2022-05-30 11:56 UTCEARNINGSAnnual results — FY 2022 Revenue EUR 42.6M · Net EUR -2.1M
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data
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