SECO S.p.A.

SECO S.p.A.

4.18
EUR
-0.11
(-2.56%)
0.00EPS
433.27MMarket Cap
Nov 09Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.51
0.61
0.71
1.56
1.78
1.59
1.39
1.49
1.5
Basic EPS, GAAP
0.04
0.05
0.04
0.06
0.1
0.09
-0.16
-0.02
-0.03
Free Cash Flow per Basic Share
-0.07
-0.06
0.01
0.19
0.06
0.19
0.26
0.26
0.24
Dividend per Share
0.03
- -
- -
- -
- -
- -
0.02
- -
- -
Book Value per Share
0.32
0.37
0.41
1.32
1.85
2.19
2.05
2.06
2.07
Tangible Book Value per Share
0.27
0.26
0.22
-0.54
-0.44
0.16
0.09
0.11
0.11
Basic Weighted Avg Shares
107
107
107
73
113
132
132
133
132
Sales/Revenue/Turnover
55
66
77
114
202
210
184
199
199
Operating Margin (%)
12.75
13.09
9.51
8.49
10.76
11.76
-8.29
5.22
4.46
Depreciation Expense
2
3
6
9
19
20
30
24
25
Net Income, GAAP
5
5
4
4
11
12
-21
-3
-3
Effective Tax Rate (%)
26.37
26.87
10.26
14.11
14.62
23.93
- -
74.15
127.07
Profit Margin (%)
8.27
7.98
5.27
3.65
5.45
5.65
-11.41
-1.36
-1.71
Working Capital
30
35
45
88
87
142
123
121
119
LT Debt
12
15
27
145
135
116
104
99
95
Total Equity
34
44
51
163
237
312
292
294
300
Return on Invested Capital (%)
- -
9.25
7.72
3.83
4.97
4.3
- -
0.64
-0.57
Return on Capital (%)
- -
7.71
3.38
1.18
2.38
3.65
- -
-1.11
-1.58
Return on Common Equity (%)
- -
14.21
9.7
4.39
6.11
4.69
-7.48
-0.99
-1.24

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
17
20
25
LT Borrowings
93
93
90
LT Finance Leases
6
6
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
132
132
132
Market Capitalization
386
321
433

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
185
198
210
Cash, Cash Equivalents & STI
69
65
62
Accounts Receivable, Net
40
47
51
Inventories
63
74
81
Total Current Liabilities
65
78
90
Payables & Accruals
- -
- -
- -
ST Debt
17
20
25
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
58.27%
0.94%
Free Cash Flow
- -
218.23%
-0.28%
Net Income, GAAP
- -
-37.64%
-87.19%
Sales/Revenue/Turnover
- -
25.16%
7.81%
Total Cash Common Dividend
- -
- -
-97.94%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
48
47
45
44
184
2025
48
51
48
52
199
2026
49
50
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.04
-0.04
-0.08
-0.16
2025
-0.02
0.02
0.01
-0.03
-0.02
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.02
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Massimo Mauri
Full Time Employees
887
Sector
Electronic technology
Industry
Computer processing hardware
Address
Via A. Grandi 20 Arezzo AR Italy 52100
IPO Date
May 5, 2021
Website
seco.com
Business
Seco S.p.A. (IOT.MI) is an Italy-based technology company that designs, manufactures and markets embedded computing hardware, integrated systems and IoT software platforms for the digitalization of industrial products and processes. The company offers a comprehensive portfolio of core products and services, including computer-on-modules, single board computers, AI-optimized hardware, embedded PCs, human machine interfaces, payment systems, development kits, carrier boards and accessories; its Clea software suite for IoT device management, data analytics and edge AI applications, with specialized modules such as Clea Vend for vending telemetry and fleet optimization; and end-to-end solutions spanning edge computing, artificial intelligence models, system integration and lean manufacturing services. These offerings serve diverse vertical markets such as industrial automation, medical and laboratory equipment, digital signage, vending, transportation, defence and avionics, smart devices, building and security, infrastructure, and kitchen equipment, targeting OEMs and B2B customers worldwide. Founded in 1979 and headquartered in Arezzo, Italy, Seco operates globally with subsidiaries in the United States, Germany and Taiwan, maintaining primary production facilities in Italy and delivering over one million units annually to more than 450 customers across Europe, the Middle East, Africa, the Americas and Asia-Pacific. In recent developments, Seco listed on the STAR segment of the Italian Stock Exchange in May 2022, raising capital for accelerated growth; acquired Garz & Fricke in October 2022 to expand its HMI, single board computer and payment solutions portfolio in Germany; and formed strategic partnerships in 2024 with NXP, Qualcomm, Google Cloud, Raspberry Pi and Nayax to bolster its Industrial IoT positioning. The company launched its KarL4 contactless payment terminal for vending in Italy in November 2025, with U.S. rollout planned for early 2026 and a QR code payment gateway slated for Q2 2026; and introduced new Edge AI applications in December 2025 for safety monitoring, low-power machine vision, geospatial analysis, speech-to-text transcription, video action recognition and customizable face ID training, validated across Intel, Qualcomm, NXP, AMD, Rockchip and MediaTek platforms.