First Sensor AG

First Sensor AG's capital structure is characterized by a low debt-to-equity ratio of 0.05, indicating a conservative leverage profile. The company's liquidity position is moderate, with a current ratio of 4.37, suggesting it can cover short-term obligations multiple times over. However, the company reported negative net cash after subtracting total debt, which raises some liquidity concerns. Profitability metrics show a challenging performance, with a return on equity of -7.1% and a return on assets of -5.79%. These figures are below the typical thresholds for healthy performance in the semiconductor and electronic equipment industry. The company reported an operating loss of EUR 7.94 million and a net loss of EUR 8.16 million, indicating a need for operational improvements or cost reductions to align with industry standards. The company's revenue is primarily concentrated in a few key segments and geographic regions, though specific details on segment and geographic breakdowns are not disclosed in the available data. This lack of diversification could pose a risk if demand in its core markets or product lines declines. The company's exposure to specific industrial and medical applications may also make it vulnerable to sector-specific downturns. Looking ahead, the company's growth trajectory appears uncertain. The most recent actual revenue of EUR 154.82 million suggests a potential increase from the reported EUR 105.57 million, but the outlook for the current and next fiscal years remains unclear without further guidance. The company's free cash flow was negative at EUR 4.17 million, and capital expenditures amounted to EUR 6.90 million, indicating ongoing investment in operations despite the current losses. Risk factors include the company's negative net income and operating income, which could impact its ability to fund operations and invest in growth. The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's dilution potential is minimal, as the number of basic and diluted shares outstanding is the same, and no recent dilutive events are reported. Recent events include the disclosure of a low ESG score of 43.94, with particular weaknesses in the Environment pillar (33.44) and Governance pillar (46.70). The ESG controversies score of 100 suggests the company has not been involved in any major controversies, which is a positive sign. However, the ESG grade of C+ indicates room for improvement in sustainability practices.