Azkoyen SA

Azkoyen maintains a conservative capital structure with a debt-to-equity ratio of 0.14 and a current ratio of 1.89, indicating strong liquidity and short-term solvency. The company's liquidity position is further supported by EUR 19.64 million in cash and equivalents, which represents 9.5% of total assets. Free cash flow of EUR 15.17 million and operating cash flow of EUR 25.40 million suggest robust cash generation capabilities. Profitability metrics show a return on equity of 12.99% and a return on assets of 8.4%, both exceeding the median for the Industrial Machinery & Equipment industry. The gross profit margin of 51.3% and operating margin of 12.1% are also above the industry median, indicating efficient cost management and pricing power. The company's revenue is distributed across three segments: Vending Machines, Payment Systems, and Technology and Security Systems. While the financial snapshot does not provide segment-specific revenue figures, the company operates in multiple geographies, including Europe and Latin America, suggesting a diversified geographic exposure. Azkoyen's revenue growth trajectory is not explicitly provided, but the company's operating income of EUR 25.60 million and net income of EUR 17.32 million suggest stable earnings performance. The capital expenditure of EUR -2.26 million indicates a focus on maintaining rather than expanding physical assets. The risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The company's low debt levels and strong cash position reduce the likelihood of near-term financial distress. Additionally, the absence of dilution risks suggests that the company is not planning significant equity issuances in the near future. Recent events, including the latest financial filing and ESG scores, show a governance pillar score of 14.1 and a social pillar score of 69.2, indicating mixed ESG performance. The company has no reported controversies, which is a positive signal for stakeholders.