WindowMaster International A/S

WindowMaster International A/S

CCPH:WMA
680.00
DKK
-30.00
(-4.23%)
126.75MMarket Cap
WindowMaster International A/S
CPH:WMA
(Nasdaq Copenhagen)

Recent

price

680.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
DKK
1,366.32
1,399.96
1,315.73
1,456.66
1,786.61
1,761.15
2,179.21
1,822.42
- -
Revenue per Share
9.97
2.83
- -
-13.42
-14.5
-81.97
78.45
5.9
- -
Basic EPS, GAAP
-36.69
-15.39
82.93
-200.78
38.84
116.72
92.43
129.51
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
40.37
- -
Dividend per Share
76.69
81.03
236.1
234.9
236.92
178.62
252.43
220.33
174.2
Book Value per Share
-42.2
-62.12
113.68
24.14
40.83
23.4
138.85
109.27
71.48
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
1
Basic Weighted Avg Shares
197
202
189
211
241
238
294
269
- -
Sales/Revenue/Turnover
2.46
2.47
1.65
0.13
1.38
-0.56
5.98
3.08
- -
Operating Margin (%)
9
10
9
9
19
21
20
19
- -
Depreciation Expense
1
- -
- -
-2
-2
-11
11
1
- -
Net Income, GAAP
39.63
81.16
100.08
- -
- -
- -
12.99
70.11
- -
Effective Tax Rate (%)
0.73
0.2
- -
-0.92
-0.81
-4.65
3.6
0.32
- -
Profit Margin (%)
4
2
16
-14
-11
-14
7
-4
-14
Working Capital
13
11
- -
23
20
21
29
26
25
LT Debt
11
12
34
34
34
26
37
32
26
Total Equity
- -
1.32
- -
- -
- -
- -
14.94
2.35
- -
Return on Invested Capital (%)
- -
0.76
- -
- -
- -
- -
14.55
1.85
- -
Return on Capital (%)
- -
3.59
- -
-5.72
-5.72
-36.74
33.89
2.52
- -
Return on Common Equity (%)

Capital Structure

DKK

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
51
40
54
LT Borrowings
11
11
13
LT Finance Leases
14
15
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
- -
Market Capitalization
174
138
127

Working Capital

DKK

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
94
76
98
Cash, Cash Equivalents & STI
3
4
5
Accounts Receivable, Net
41
32
40
Inventories
34
29
34
Total Current Liabilities
108
80
112
Payables & Accruals
- -
- -
- -
ST Debt
51
40
54
Deferred Revenue
- -
- -
- -

Growth Rates

DKK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
1.3%
-11.36%
Free Cash Flow
- -
-45.9%
52.81%
Net Income, GAAP
- -
66,815.63%
-91.8%
Sales/Revenue/Turnover
- -
7.86%
-8.79%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

DKK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
294
2025
- -
- -
269
2026
- -
- -
- -

Semi-annual Earnings Per Share

DKK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
78.45
2025
- -
- -
5.9
2026
- -
- -
- -

Semi-annual Dividends Per Share

DKK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
40.37
2026
- -
- -
- -
Business
WindowMaster International A/S, a Danish cleantech company founded in 1990 and headquartered in Vedbæk north of Copenhagen, develops, manufactures, markets and sells intelligent natural ventilation, mixed mode ventilation, heat and smoke ventilation, and automatic window control solutions for the commercial construction industry worldwide; offers actuators and accessories including spindle, chain, locking, louvre, door and window actuators as well as brackets and cables; provides controllers for power supply and control of window actuators; supplies sensors, detectors and accessories such as break glass units, keypads and spare parts; delivers service and maintenance of systems and software, testing of product functionality, remote fault localization, back-up, restoration, on-going monitoring, adjustments, event logging, reports and indoor climate support; offers training for technical staff and facility management, training in WindowMaster software and natural ventilation, system upgrades and interfaces to other building systems; and through Climatic by WindowMaster provides design, installation and service of building maintenance units, fall protection and access equipment primarily in the Nordic region. The company targets key segments including offices, educational institutions, cultural buildings, shopping centers, hospitals and sports facilities, with sales subsidiaries in Denmark, Germany, Ireland, Norway, UK, US and Switzerland; operates a global supply chain with production and assembly facilities in Herford, Germany, and light assembly in North America; employs approximately 136 people; and lists on Nasdaq First North Growth Market Copenhagen under ticker WMA.CO. Following a management buy-in from VKR Holding in 2015, WindowMaster shifted strategically from contractor to manufacturer, listed publicly in 2020, acquired Climatic A/S in 2021 to expand fall protection offerings, completed a capital raise in November 2025 with CEO Erik Boyter subscribing all 97 new shares increasing share capital to DKK 14.738 million, acquired its production facilities in Herford, Germany on October 1, 2024 to enhance supply chain control, signed a new partnership in Hong Kong to expand in Asia, launched the compact WML 870 louvre actuator for modern facade projects, secured a contract for natural smoke ventilation at a luxury Copenhagen hotel refurbishment, and in 2024 reported revenue of DKK 294 million, EBITDA of DKK 37 million and profit after tax of DKK 11 million amid strong growth in project sales and service offerings.