1. Germany Stocks

  2. •

    Utilities

  3. •

    Electric utilities
Enapter AG

Enapter AG

0.88
EUR
-0.12
(-12.00%)
52.09MMarket Cap
May 04Next Earn
2007 Y
2008 Y
2017 Y
2018 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
0.7
0.36
0.56
1.14
0.76
0.74
- -
Basic EPS, GAAP
-19.59
-4.09
-0.55
-1.17
- -
- -
-1.2
-0.37
-0.5
-0.26
-0.74
-1.08
- -
Free Cash Flow per Basic Share
- -
0.89
0.9
- -
- -
- -
-2.08
-1.4
-2.49
-0.88
-0.52
-0.43
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.3
- -
- -
- -
2.68
180.13
6.78
1.87
3.11
2.89
2.24
1.58
1.58
Tangible Book Value per Share
2.3
- -
- -
- -
-1.42
85.2
3.7
1.58
2.74
2.46
1.75
1.05
1.05
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
3
24
26
28
28
30
31
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
2
8
15
32
21
22
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
-176.51
-101.92
-85.41
-3.28
-71.94
-112.7
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
1
1
2
4
6
9
- -
Net Income, GAAP
-1
- -
- -
- -
- -
- -
-4
-9
-13
-7
-21
-32
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
-172.36
-103.06
-88.45
-22.66
-96.72
-145.52
- -
Working Capital
- -
- -
- -
- -
-1
1
2
20
12
36
16
-17
-17
LT Debt
- -
- -
- -
- -
- -
1
1
3
3
38
33
33
33
Total Equity
- -
- -
- -
- -
- -
4
9
47
86
80
66
49
49
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-355.58
- -
- -
- -
- -
-56.3
-31.49
-19.52
-8.59
-28.27
-55.61
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
5
5
9
LT Borrowings
32
35
32
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
31
31
Market Capitalization
120
84
52

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
56
40
37
Cash, Cash Equivalents & STI
5
6
10
Accounts Receivable, Net
37
19
12
Inventories
9
9
7
Total Current Liabilities
40
50
54
Payables & Accruals
- -
- -
- -
ST Debt
5
5
9
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
93.51%
-25.88%
Free Cash Flow
- -
83.43%
-11.9%
Net Income, GAAP
- -
78.55%
55.1%
Sales/Revenue/Turnover
- -
93.59%
3.09%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
32
2024
- -
- -
21
2025
- -
- -
22

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.26
2024
- -
- -
-0.74
2025
- -
- -
-1.08

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Jürgen Laakmann
Full Time Employees
193
Sector
Utilities
Industry
Electric utilities
Address
Bleichenbruecke 9 Hamburg HA Germany 20354
IPO Date
Feb 19, 2020
Website
enapterag.de
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Business
Enapter AG Enapter AG designs, manufactures, and sells anion exchange membrane (AEM) electrolyzers and related energy management systems for green hydrogen production; its core products include the standardized AEM Electrolysers EL 4, which produce approximately one kilogram of hydrogen per 24 hours and support modular stacking for scalable applications, the AEM Multicore systems capable of up to 450 kilograms daily, and the megawatt-class AEM Nexus 1000 for industrial-scale hydrogen generation; additional offerings encompass plug-and-play hardware with integrated software and cloud platforms for energy management, industrial integration, and applications in power-to-heat, power-to-gas, electricity storage, mobility, heating, telecommunications, and research sectors. The company operates primarily in Europe and Asia with sales to customers in over 50 countries, targeting energy providers, industrial users, municipalities, and research institutions through a global network exceeding 180 certified integration partners. Founded in 2017 with origins tracing to earlier R&D by ACTA in Italy, Enapter AG maintains its headquarters in Berlin, Germany, at Reinhardtstrasse 35, alongside key research, development, and production facilities in Pisa, Italy, and employs approximately 199 people. Recent developments include the October 2024 launch of series production for its AEM megawatt electrolyzer through the Wolong Enapter joint venture, a successful capital increase in October 2024, receipt of its largest European single order in September 2024 for 4 MW of AEM Electrolysers from OIM for Italy's Hydrogen Valley projects plus an additional 1 MW from FMC s.r.l., over 700% growth in order intake during Q1 2024, numerous 2024 orders such as 121 units to Stadtwerke Nienburg in Germany and 50 to Vrije Universiteit Brussel in Belgium, expanded activities in India including pilots with major energy suppliers and agricultural microgrids, pre-orders for AEM Nexus systems, appointment of Ivan Gruber as CTO in September 2024, publication of its first ESRS-standard ESG report in July 2024, and 1.3 million euros in Italian research funding received in March 2024.