Forsee Power SA

Forsee Power SA

0.16
EUR
+0.00
(-0.25%)
32.39MMarket Cap
Apr 07Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.33
0.44
0.95
1.17
2.1
2.08
2.63
2.13
1.27
- -
Basic EPS, GAAP
-0.27
-0.44
-0.5
-0.56
-1.1
-0.61
-0.43
-0.17
-0.29
- -
Free Cash Flow per Basic Share
-0.29
-0.56
-0.39
-0.53
-0.8
-0.63
-0.8
-0.15
-0.09
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.29
0.04
-0.06
-0.62
1.3
0.74
0.83
0.67
0.32
0.32
Tangible Book Value per Share
0.2
-0.13
-0.28
-0.87
0.99
0.43
0.49
0.2
0.01
0.01
Basic Weighted Avg Shares
53
53
53
53
35
53
65
71
95
95
Sales/Revenue/Turnover
18
23
50
62
72
111
171
152
120
- -
Operating Margin (%)
-78.4
-88.94
-45.75
-27.57
-36.22
-23.88
-11.23
-5.92
-13.56
- -
Depreciation Expense
1
3
5
6
5
9
10
9
13
- -
Net Income, GAAP
-14
-23
-26
-30
-38
-33
-28
-12
-28
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-81.35
-100.17
-52.34
-48.44
-52.6
-29.34
-16.33
-7.96
-23.26
- -
Working Capital
18
14
7
33
96
58
67
33
-8
-8
LT Debt
12
23
26
88
52
51
57
52
14
14
Total Equity
16
2
-3
-33
69
40
59
48
37
37
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-259.34
- -
- -
- -
-59.83
-56.55
-22.61
-66.14
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
12
38
54
LT Borrowings
37
12
1
LT Finance Leases
15
13
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
71
117
117
Market Capitalization
30
45
32

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
87
87
67
Cash, Cash Equivalents & STI
5
19
12
Accounts Receivable, Net
11
12
8
Inventories
43
35
28
Total Current Liabilities
54
71
75
Payables & Accruals
- -
- -
- -
ST Debt
12
38
54
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-69.01%
-21.82%
Free Cash Flow
- -
-4.98%
-19.15%
Net Income, GAAP
- -
14.67%
132.09%
Sales/Revenue/Turnover
- -
18.45%
-20.63%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
171
2024
- -
- -
152
2025
- -
- -
120

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.43
2024
- -
- -
-0.17
2025
- -
- -
-0.29

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

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

Company Description

CEO
Christophe Gurtner
Full Time Employees
337
Sector
Producer manufacturing
Industry
Electrical products
Address
1 boulevard Hippolyte Marquès Ivry sur Seine France 94200
IPO Date
Nov 3, 2021
Business
Forsee Power S.A. designs, manufactures, and integrates smart lithium-ion battery systems and energy management solutions for sustainable electric transport across multiple segments including light vehicles (electric bicycles, scooters, and compact 1- to 4-wheel vehicles), heavy vehicles (buses, trucks, off-highway, and industrial vehicles), rail vehicles, and stationary energy storage units. The company offers a broad product range including modular and high-performance batteries such as the GO 6 for light vehicles and compact industrial equipment; high-power, long-life PULSE PLUS systems for heavy vehicles; and specialized ZEN LFP battery systems for buses and trolleybuses. Forsee Power also provides power converters, charging systems, installation, commissioning, and remote maintenance services. It operates globally with production sites in France, Poland, India, USA, and China, serving customers primarily in Europe, Asia, and North America. Founded in 2011 and headquartered in France, the company has equipped more than 4,500 buses and 145,000 light electric vehicles with its battery systems. Recently, Forsee Power launched its strategic plan RePower27 aimed at restoring sustainable profitability through financial optimization, cost reduction through standardized product platforms, and focusing on high value-added market segments such as buses, mining, off-highway, and rail vehicles. Key recent developments include a strategic partnership with Rolls-Royce Power Systems to develop advanced battery-electric propulsion solutions and cybersecurity-integrated energy management; launching new battery systems including the modular GO 6 and PULSE PLUS; expanding partnerships in Turkey and North America for bus and rail electrification projects; and raising over €50 million through financing and capital increases to support growth initiatives. The company continues to expand its diversified customer base and global footprint while emphasizing innovation in battery technology, including IoT-enabled battery management systems, AI integration, and development of future solid state and sodium-ion batteries.