Bluelinea SA

Bluelinea SA

EEURONEXT:ALBLU
0.08
EUR
+0.02
(+36.75%)
8.50MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.85
1.34
1.21
0.79
0.71
1.06
1.05
0.65
1.44
0.7
0.66
0.66
0.49
- -
Basic EPS, GAAP
-0.24
-0.46
-0.24
-0.47
-0.52
-0.41
-0.42
-0.38
-0.63
-0.1
-0.11
-0.08
-0.07
- -
Free Cash Flow per Basic Share
-0.41
-0.69
-0.81
- -
- -
-0.29
-0.14
-0.33
-0.27
-0.18
-0.24
-0.08
-0.08
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.57
0.83
1.55
1.71
1.19
0.76
0.34
0.12
-0.23
0.29
0.18
0.1
0.13
0.13
Tangible Book Value per Share
0.53
0.79
1.03
1.33
0.78
0.14
-0.27
-0.23
-0.56
-0.02
-0.16
-0.29
-0.12
-0.12
Basic Weighted Avg Shares
3
4
5
6
6
7
7
7
5
15
15
15
22
20
Sales/Revenue/Turnover
3
5
6
5
4
7
7
5
8
10
10
10
11
- -
Operating Margin (%)
-45.23
-49.92
-33.16
-69.79
-82.82
-38.95
-36.78
-65.64
-41.9
-8.05
-16.32
-12.12
-12.05
- -
Depreciation Expense
- -
- -
1
1
1
2
1
1
1
2
1
2
2
- -
Net Income, GAAP
-1
-2
-1
-3
-3
-3
-3
-3
-3
-2
-2
-1
-2
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-27.75
-34.08
-19.72
-59.52
-73.35
-39.04
-39.81
-58.31
-43.9
-14.78
-16.39
-12.95
-14.05
- -
Working Capital
2
2
4
6
3
1
-1
1
1
3
-1
-1
-1
-1
LT Debt
- -
- -
- -
- -
- -
- -
1
3
4
4
3
4
2
2
Total Equity
2
3
7
10
7
5
2
1
-2
4
3
1
3
3
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-39.12
-66.18
-22.1
-32.08
-35.92
-45.01
-76.19
-175.38
- -
- -
-46.39
-62.04
-70.6
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
1
- -
1
LT Borrowings
4
- -
2
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
22
Market Capitalization
11
6
8

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
2
- -
3
Cash, Cash Equivalents & STI
1
- -
1
Accounts Receivable, Net
1
- -
1
Inventories
- -
- -
- -
Total Current Liabilities
3
- -
4
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-78.22%
-128.28%
102.16%
Free Cash Flow
- -
13.53%
51.51%
Net Income, GAAP
11.49%
-5.89%
18.61%
Sales/Revenue/Turnover
10.64%
20.77%
9.33%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
10
2024
- -
- -
10
2025
- -
- -
11

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.11
2024
- -
- -
-0.08
2025
- -
- -
-0.07

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Laurent Levasseur
Full Time Employees
89
Sector
Electronic technology
Industry
Computer communications
Address
2 Parvis Colonel Arnaud Beltrame Versailles IF France 78000
IPO Date
Feb 24, 2012
Business
Bluelinea S.A. (ALBLU.PA) specializes in teleassistance and connected healthcare solutions for the elderly, disabled individuals, and healthcare facilities in France. Founded in 2006 and headquartered at 2 Parvis Colonel Arnaud Beltrame in Versailles, France, the company develops and deploys electronic surveillance systems and medical teleassistance platforms under its BlueHomeCare® suite, including the HELP range of personal alarms with GPS geolocation for outdoor use, automatic fall detection devices, caregiver identification and authentication badges, newborn protection bracelets such as BlueTag, home care devices for fragile or chronically ill persons, and SERENEA®, a next-generation nurse call system with features like resident localization, wandering detection, access control, isolated worker protection, and 24/7 platform integration; it also offers visio-assistance, mobile teleassistance, and connected establishment services for EHPADs, serviced residences, disability centers, hospitals, and maternities, serving individual families and over 500 specialized institutions through a network of regional agencies and partnerships with Europe-based firms including Everon Oy/Ab, Hager Group, and majority shareholder APICIL Group. Bluelinea operates primarily in the Silver Economy sector, focusing on social work activities without accommodation for older persons or those with disabilities, with 89 full-time employees and a 24/7 support platform that dispatches relatives or emergency services as needed. Recent developments include the successful completion in July 2025 of a €3.07 million capital increase via issuance of 6,140,337 new shares at €0.50 each with preferential subscription rights, fully backed by APICIL Group which increased its stake to 81.28% of capital and 83.01% of voting rights to bolster working capital amid growth in SERENEA® solutions representing 45% of Q1 2025 revenue; the launch in September 2024 of SERENEA® Essentielle, a subscription-based model eliminating upfront subsidies or investments through monthly payments for infrastructure, licenses, remote maintenance, and optional add-ons like fall detection; executive changes with Jean-Luc Odeyer's appointment as President of the Directoire in March 2025, followed by his replacement in November 2025 by David Guyard—a Directoire member since 2017—alongside nominations of Mireille Fassler and Stéphane Coppi to strengthen governance and pursue profitable growth; and strengthened APICIL Group ownership through additional share acquisitions in June 2025.