Electricite et Eaux de Madagascar SA

Electricite et Eaux de Madagascar SA

EEURONEXT:EEM
1.72
EUR
-0.08
(-4.44%)
22.84MMarket 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
1.54
1.68
3.34
0.16
0.22
0.03
0.03
0.02
0.01
0.03
0.1
0.05
- -
- -
Basic EPS, GAAP
-1.99
0.11
0.11
-0.26
-1.68
-0.26
-0.31
-0.42
-0.31
-0.41
1.43
-1.26
0.49
- -
Free Cash Flow per Basic Share
-0.15
1.12
1.53
-0.02
-0.99
-0.4
-0.09
-0.14
-0.65
-0.38
-0.49
-0.72
-0.67
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.32
3.52
3.82
3.68
3.55
3.09
2.8
2.53
2.06
1.97
3.18
1.89
3.44
1.89
Tangible Book Value per Share
3.06
3.23
3.51
3.37
3.55
3.09
2.8
2.53
2.06
1.97
3.18
1.89
3.44
1.89
Basic Weighted Avg Shares
3
3
3
3
4
5
6
6
6
6
6
6
6
6
Sales/Revenue/Turnover
5
6
11
1
1
- -
- -
- -
- -
- -
1
- -
- -
- -
Operating Margin (%)
-46.7
-19.09
0.02
-190.38
-310.94
-1,077.58
-1,126.14
-1,978.16
-3,218.57
-1,953.95
-524.64
-1,404.27
- -
- -
Depreciation Expense
-11
2
- -
1
1
1
1
1
- -
- -
-3
6
-3
- -
Net Income, GAAP
-7
- -
- -
-1
-7
-1
-2
-2
-2
-2
8
-7
3
- -
Effective Tax Rate (%)
- -
10.97
15.08
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-129.35
6.26
3.22
-162.69
-758.51
-838.18
-1,165.36
-2,735.63
-2,535.71
-1,523.68
1,473.55
-2,555.87
- -
- -
Working Capital
3
-2
-2
-2
5
1
-1
-3
-1
-5
4
4
7
4
LT Debt
9
5
4
4
4
4
3
3
3
- -
- -
- -
- -
- -
Total Equity
12
12
14
13
17
18
17
15
12
12
19
11
14
11
Return on Invested Capital (%)
- -
6.78
1.19
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
3.02
2.73
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-45.66
3.04
2.89
-6.44
-45.35
-8.03
-10.63
-15.67
-13.58
-20.21
55.49
-49.57
23.01
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
4
4
4
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
20
21
23

Working Capital

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
15
12
14
Cash, Cash Equivalents & STI
13
10
12
Accounts Receivable, Net
3
- -
3
Inventories
- -
- -
- -
Total Current Liabilities
11
10
10
Payables & Accruals
- -
- -
- -
ST Debt
4
4
4
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.44%
4.12%
23.03%
Free Cash Flow
679.34%
78.14%
-6.94%
Net Income, GAAP
-42.45%
-154.69%
-138.99%
Sales/Revenue/Turnover
5.5%
42.33%
-100%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1.43
2024
- -
- -
-1.26
2025
- -
- -
0.49

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

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

Company Description

CEO
Hélène Nguyen Tronconi
Full Time Employees
1
Sector
Finance
Industry
Real estate development
Address
Spaces Les Halles 40 Paris IF France 75001
IPO Date
Dec 31, 2011
Business
Electricité et Eaux de Madagascar Société Anonyme (EEM.PA) is a France-based holding company that invests in the hotel, real estate, wood and paper, casino, and wine sectors; it operates luxury hotels under the Victoria Hotels and Resorts brand primarily in Cambodia through subsidiaries such as Victoria Angkor and Victoria Angkor Estate, holds minority stakes in Groupe Gascogne for wood and paper activities, owns real estate properties in Paris via entities including SAIP, SNC Paris Croix des Petits Champs, and Les Vergers, maintains minority interests in Societe Francaise de Casinos, and invests in Hungarian wine producers Tokaj Lencses Dulo Kft and Tokaj Hetszolo. The company, founded in 1928 and headquartered at 40 Rue du Louvre in Paris, France, focuses on luxury hospitality and diversified minority investments targeting high-end tourism, property rental, and specialty manufacturing markets in Europe and Asia. In recent developments, a consortium comprising Le Clezio Industrie Sarl, Degemer Group, and Financière VLH SARL proposed in May 2025 to acquire the remaining 71.65% stake for approximately EUR 6.2 million at EUR 1.5 per share, with a draft tender offer filed by June 2025 pending AMF approval; the company also received a Cambodian amnesty decision on a roughly EUR 3 million tax debt for Victoria Angkor Company Limited, announced capital reduction via self-held share cancellation, and extended its corporate duration to June 2032 at the June 2025 annual general meeting.