Wild Bunch AG

Wild Bunch AG's capital structure is highly leveraged, with total liabilities of €188.9 million and total equity of -€88.6 million, resulting in a debt-to-equity ratio of -1.57. The company maintains €18.95 million in cash and equivalents, but this is insufficient to cover its €138.7 million in long-term debt, indicating significant liquidity risk. The current ratio of 0.29 further confirms the company's weak short-term liquidity position. Profitability metrics show mixed results. The company reported a net loss of €4.7 million, but generated €3.97 million in operating income and €16.96 million in gross profit. Return on equity is 5.31%, but return on assets is negative at -4.69%, reflecting the burden of its negative equity position. These figures fall below the median for the Entertainment Production industry, where positive ROE and ROA are typically expected. The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the provided data. This lack of segmentation increases exposure to market-specific risks and limits visibility into growth drivers. Growth trajectory appears constrained. The company reported €72.65 million in revenue, but the most recent actual revenue was only €20.395 million, suggesting a significant decline in performance. Capital expenditures of -€24.73 million indicate asset disposals rather than growth investments. The negative net income and declining revenue suggest operational challenges. Risk factors include high leverage and negative equity, with liquidity risk rated as medium and dilution risk as low. The company's negative net cash position after subtracting total debt highlights its vulnerability to interest rate fluctuations and refinancing risks. No recent dilutive events are disclosed, but the company's capital structure may require future equity issuance. Recent financial filings show a last actual EPS of -€70.00 and revenue of €20.395 million, indicating a significant deterioration in performance compared to prior periods. No recent transcripts or additional disclosures are available to explain the operational changes.