Assets

The Company's long-term assets, such as property, plant, and equipment, appear to be adequately funded, with a significant reduction in net debt following the successful IPO. However, the Company's short-term assets, including cash and cash equivalents, have increased, indicating a potential shift towards a more liquid financial position. Overall, the Company's total assets and investments are likely to be well-positioned for growth, driven by a strong order backlog and increasing delivery volumes.

Shareholders Equity

The increase in Shareholders' Equity is primarily driven by the successful IPO, which injected a significant amount of capital into the company, thereby strengthening its financial position. Additionally, the issuance of new shares as part of the bonus issue has also contributed to the growth in Shareholders' Equity, although this has been partially offset by the recognition of share issue costs. The overall trend suggests a positive development in the company's equity base, which is expected to provide a solid foundation for future growth and investment initiatives.

The Equity value for Q2 2026 is 36.6 million Euros. The predicted Equity value for Q2 2027 (e) is 44.1 million Euros. The expected change in Equity from Q2 2026 to Q2 2027 (e) is 7.5 million Euros, which represents a 20.6% increase. The equity is expected to increase by 27.7 million Euros from 2025 to 2026, which is a 223% change. From 2026 to 2027, the equity is expected to increase by 9.5 million Euros, which is a 24% change. The year-end values for Equity are 12.0 million Euros in 2025, 39.7 million Euros in 2026, and 48.2 million Euros in 2027.

*Future dividents are not included in prediction

Debt

Savox Communications' improved financial position, following the successful IPO, has led to a significant reduction in net debt, which is now more in line with the company's long-term growth prospects. However, the company's reliance on short-term debt, although temporarily increased, remains a concern, and management should prioritize reducing this component to minimize refinancing risks. The improved gearing ratio and equity ratio, driven by the increased equity base, are positive indicators, but ongoing investments in research and development, as well as potential future acquisitions, may put pressure on these metrics in the long term.

The Net Debt at the end of Q2 2026 is 14.1 million Euros, and the predicted Net Debt at the end of Q2 2027 (e) is 19.6 million Euros. The Net Debt is expected to increase by 5.5 million Euros, which is a 39% increase from Q2 2026 to Q2 2027 (e). The Net Debt is expected to decrease by 7.5 million Euros from 2025 to 2026, which represents a 29.7% decrease. From 2026 to 2027, the Net Debt is expected to increase by 3.8 million Euros, which is a 20.8% increase. The year-end Net Debt values for 2025, 2026, and 2027 are 25.8 million, 18.3 million, and 22.1 million Euros, respectively.