SPME.H—56

Splendid Medien AG

Entertainment ProductionVerified

Score breakdown

Profitability+12Sentiment+21Risk penalty-3Missing signals-4

Quality breakdown

Key fields100Profile38Conclusion94AI synthesis40Observations3

Splendid Medien AG maintains a current ratio of 22.16, indicating strong liquidity with EUR 243,020 in cash and equivalents relative to EUR 10,680,650 in liabilities [doc:HA-latest]. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints [doc:HA-latest]. The company's return on equity (ROE) of 4.51% and return on assets (ROA) of 3.06% fall below the median for the Entertainment Production industry, suggesting underperformance in capital efficiency and asset utilization [doc:HA-latest]. Operating income of EUR -764,720 indicates a loss in the most recent period, further highlighting operational challenges [doc:HA-latest]. Revenue is split between the Content and Services segments, with no disclosed geographic breakdown. The company's exposure to revenue concentration remains unquantified in the latest financials [doc:HA-latest]. Given the cyclical nature of the Entertainment Production industry, revenue volatility is expected to persist [doc:verified market data]. The company's outlook for the current fiscal year shows a revenue decline, with no disclosed growth trajectory for the next fiscal year. Historical revenue trends and the current operating loss suggest a challenging near-term environment [doc:HA-latest]. Risk assessment indicates medium liquidity risk and low dilution risk. The company's debt-to-equity ratio of 0.45 is below the industry median, but the negative net cash position raises concerns about short-term solvency [doc:HA-latest]. No dilution sources are disclosed in the latest filings [doc:HA-latest]. Recent filings and transcripts do not provide new material events affecting the company's operations or financial position. The absence of disclosed strategic initiatives or capital allocation plans limits visibility into future performance drivers [doc:HA-latest].

Profile

CompanySplendid Medien AG

TickerSPME.H

SectorConsumer Cyclicals

BusinessCyclical Consumer Services

Industry groupCyclical Consumer Services

IndustryEntertainment Production

AI analysis

Business. Splendid Medien AG is a Germany-based integrated media group operating through Content and Services segments, generating revenue from film rights licensing, film exploitation, and media services [doc:HA-latest].

Classification. Splendid Medien AG is classified under Entertainment Production within the Consumer Cyclicals economic sector, with a confidence level of 0.92 [doc:verified market data].

Key takeaways

Splendid Medien AG has strong liquidity but faces a negative net cash position due to high debt.
ROE and ROA are below industry medians, indicating operational inefficiencies.
Revenue concentration and geographic exposure remain undisclosed, limiting risk visibility.
The company is in a loss-making position, with no clear path to profitability in the near term.
Low dilution risk is offset by medium liquidity risk and a weak operating margin.
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Financial snapshot

PeriodHA-latest

CurrencyEUR

Revenue$1.9M

Gross profit—

Operating income-$764.7k

Net income$1.0M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow—

CapEx—

Free cash flow—

Total assets$33.2M

Total liabilities$10.7M

Total equity$22.5M

Cash & equivalents$243.0k

Long-term debt$10.1M

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$1.9M-$764.7k$1.0M—

FY-1$1.8M-$1.1M$792.1k—

FY-2$38.6M$3.5M$2.2M-$10.0M

FY-3$43.7M$3.3M$4.5M-$5.7M

FY-4$44.7M$3.0M$2.3M-$6.6M

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$33.2M$22.5M$243.0k—

FY-1$27.2M$21.9M$82.6k—

FY-2$33.4M$11.8M$4.4M—

FY-3$32.7M$9.6M$4.5M—

FY-4$29.2M$5.1M$6.9M—

PeriodOCFCapExFCFSBC

FY0————

FY-1————

FY-2$14.0M-$13.2M-$10.0M—

FY-3$9.7M-$11.3M-$5.7M—

FY-4$16.8M-$10.0M-$6.6M—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

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PeriodGross %Op %Net %FCF %

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PeriodAssetsEquityCashDebt

FQ0————

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PeriodOCFCapExFCFSBC

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$22.5M

Net cash-$9.8M

Current ratio22.2

Debt/Equity0.5

ROA3.1%

ROE4.5%

Cash conversion—

CapEx/Revenue—

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Entertainment Production · cohort 1 companies

MetricSPME.HActivity

Op margin-40.0%11.3% medp25 8.1% · p75 14.5%bottom quartile

Net margin53.1%3.0% medp25 2.5% · p75 3.6%top quartile

Gross margin—32.2% medp25 15.8% · p75 61.2%

CapEx / revenue—4.2% medp25 4.2% · p75 4.2%

Debt / equity45.0%1454.2% medp25 776.9% · p75 2131.5%bottom quartile

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-05 00:47 UTC#ff84b532

Source: analysis-pipeline (hybrid)Generated: 2026-05-05 00:49 UTCJob: a59aef7c