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Kumulus Vape SA

Kumulus Vape SA

2.93
EUR
0.00
(0.00%)
8.94MMarket Cap
Kumulus Vape SA
EURONEXT:ALVAP
(Euronext)

Recent

price

2.93

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
EUR
0.7
1.52
3.27
5.31
9.08
12.12
19.05
19.64
19.75
19.08
- -
Revenue per Share
0.02
0.07
0.14
0.04
0.33
0.47
0.76
0.83
0.86
0.33
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
-1.01
1.14
-0.47
0.68
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.1
0.1
0.15
0.17
- -
Dividend per Share
0.12
0.31
0.46
0.6
1.9
3.26
4.02
4.88
5.38
6.19
5.84
Book Value per Share
0.12
0.31
0.42
0.53
1.85
3.21
3.98
4.85
4.37
5.1
4.89
Tangible Book Value per Share
2
2
2
2
2
3
3
3
3
3
3
Basic Weighted Avg Shares
1
3
7
11
23
34
56
60
61
58
- -
Sales/Revenue/Turnover
3.87
5.95
5.35
2.37
5.32
5.87
5.59
6.06
5.9
3.41
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
1
1
- -
Depreciation Expense
- -
- -
- -
- -
1
1
2
3
3
1
- -
Net Income, GAAP
- -
21.93
22.81
19.65
28.37
30.82
25.64
25.26
27.76
31.18
- -
Effective Tax Rate (%)
3.48
4.54
4.34
0.73
3.67
3.87
3.99
4.22
4.35
1.73
- -
Profit Margin (%)
- -
1
1
1
5
9
12
15
12
15
17
Working Capital
- -
- -
- -
- -
1
- -
1
4
- -
3
3
LT Debt
- -
1
1
1
5
9
12
15
16
17
17
Total Equity
- -
25.88
24.82
8.23
19.48
16.35
18.58
15.87
12.66
6.44
- -
Return on Invested Capital (%)
- -
31.6
31.14
5.98
22.36
17.52
20.11
16.66
14.21
5.37
- -
Return on Capital (%)
- -
31.62
36.9
7.4
27.95
19.04
21.14
18.99
16.82
5.95
- -
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
1
- -
LT Borrowings
3
3
3
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
15
11
9

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
22
23
22
Cash, Cash Equivalents & STI
4
6
7
Accounts Receivable, Net
4
3
3
Inventories
10
9
8
Total Current Liabilities
6
8
5
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
32.74%
2.86%
Free Cash Flow
- -
- -
-242.39%
Net Income, GAAP
- -
16.86%
-62.35%
Sales/Revenue/Turnover
- -
23.71%
-5.24%
Total Cash Common Dividend
- -
- -
13.3%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
61
2025
- -
- -
58
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.86
2025
- -
- -
0.33
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.15
2025
- -
- -
0.17
2026
- -
- -
- -
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Business
Kumulus Vape S.A. (ALVAP.PA) operates as a leading French e-commerce distributor of vaping products, including electronic cigarettes, e-liquids, and accessories, serving both B2C and B2B customers through platforms such as kumulusvape.fr and kmls.fr. The company offers an extensive catalog exceeding 11,000 references from over 250 brands, encompassing equipment like electronic cigarettes, boxes, batteries, puffs, pods, clearomizers, resistors, tanks, drippers, and pod cartridges; e-liquids; accessories including drip tips, resistive wires, cottons, tools, battery chargers, cables, covers, and storage products; as well as CBD and DIY products under proprietary brands such as MYTHIK, MEXICAN, MASTER DIY, KING SIZE, WE ARE VAPE, and RELIGION JUICE. Founded in 2012 and headquartered in Corbas near Lyon, France, Kumulus Vape maintains an omnichannel presence with its Cigaverte franchise network and focuses on the French market while emphasizing regulatory compliance, product quality, and harm reduction as a safer alternative to traditional tobacco. In recent developments, the company reported consolidated 2024 revenue of €60.8 million, driven by a 14% increase in Cigaverte store sales amid B2B market pressures, and targets €62 million in 2025 through expanded distribution agreements, new franchise openings, logistics automation, and strengthened in-house brands; additionally, it executed a share buyback program in September 2025, acquiring 289,631 shares from shareholder Nextstage AM, and continues optimizing its operations for industry transformation.