Martela Oyj Class A

Martela Oyj Class A

HHEL:MARAS
0.59
EUR
0.00
(0.00%)
-0.99EPS
2.26MMarket Cap
Nov 11Next Earn
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
32.67
33.57
32.46
31.43
26.43
24.88
25.64
21.33
20.44
23.62
20.65
18.69
20.19
16.89
Basic EPS, GAAP
-1.03
-0.18
0.61
0.81
-0.15
-0.57
-0.61
-1.16
-0.53
0.57
-0.77
-1.87
-0.75
-0.99
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.07
0.02
0.89
0.79
Dividend per Share
0.2
- -
0.1
0.25
0.37
0.32
0.1
- -
- -
- -
0.1
- -
- -
- -
Book Value per Share
5.28
4.97
5.54
6.13
5.46
4.54
3.88
2.81
2.39
3.07
2.09
0.25
-0.43
-1.18
Tangible Book Value per Share
3.71
3.63
4.38
4.59
3.7
2.9
2.05
1.41
1.37
2.12
1.14
-0.47
-1.01
-1.62
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
5
5
5
5
4
Sales/Revenue/Turnover
132
136
133
129
110
103
106
88
92
107
94
87
94
75
Operating Margin (%)
-2.44
0.05
3.01
4.61
0.74
-2.87
-2.16
-4.88
-1.72
0.31
-2.53
-7.56
-1.16
-2.69
Depreciation Expense
4
4
3
3
3
3
5
7
5
6
7
7
7
7
Net Income, GAAP
-4
-1
2
3
-1
-2
-3
-5
-2
3
-4
-9
-3
-4
Effective Tax Rate (%)
- -
- -
26.67
40.98
2,371.43
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-3.15
-0.52
1.87
2.57
-0.58
-2.3
-2.39
-5.44
-2.6
2.39
-3.72
-10.03
-3.69
-5.87
Working Capital
19
17
18
19
17
12
6
2
-1
8
1
-6
-9
-10
LT Debt
9
7
8
6
6
4
6
6
2
15
14
13
13
11
Total Equity
22
20
23
25
23
19
16
12
11
14
10
1
-2
-5
Return on Invested Capital (%)
- -
- -
9.01
10.85
-17.03
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
8.42
10.55
-20.89
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-17.37
-3.38
11.55
13.86
-2.66
-11.43
-14.57
-34.68
-21.3
20.76
-30.03
-162.24
- -
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
8
6
6
LT Borrowings
- -
- -
- -
LT Finance Leases
13
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
3
3
2

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
26
20
19
Cash, Cash Equivalents & STI
3
1
1
Accounts Receivable, Net
13
11
10
Inventories
8
8
8
Total Current Liabilities
34
31
29
Payables & Accruals
- -
- -
- -
ST Debt
8
6
6
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-42.66%
-73.7%
-270.81%
Free Cash Flow
- -
- -
3,616.22%
Net Income, GAAP
-12.49%
-81.58%
-60.19%
Sales/Revenue/Turnover
-2.92%
1.69%
8.07%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20
21
21
25
87
2025
26
25
21
23
94
2026
17
15
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.6
-0.45
-0.28
-0.55
-1.87
2025
-0.45
-0.09
-0.09
-0.12
-0.75
2026
-0.52
-0.26
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

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

Company Description

CEO
Panu Jussi Ala-Nikkola
Full Time Employees
307
Sector
Producer manufacturing
Industry
Office equipment/Supplies
Address
Miestentie 1 Espoo UU Finland 02150
IPO Date
Feb 10, 1995
Business
Martela Oyj designs, manufactures and implements user-centric workplace and learning environment solutions; offers ergonomic office furniture including chairs, sofas, tables, storage systems, workstations, multipurpose furniture, auditorium seats, pedestals, shelving, space dividers, lighting and phone booths; provides comprehensive lifecycle services encompassing needs analysis, interior design, layout planning, furnishing, installation, maintenance, ergonomic guidance, relocation, recycling and optimization; introduces innovative service models such as Workplace as a Service and Learning Environment as a Service covering full lifecycle phases on a monthly fee basis. The company operates primarily in the Nordic countries with main markets in Finland, Sweden and Norway, supplemented by activities in Poland through production facilities and exports to East-Central Europe, Netherlands, Germany and Japan; targets offices, activity-based and mobile work environments, schools and welfare settings to enhance employee wellbeing, productivity and space efficiency. Founded in 1945 as Tehokaluste Oy and headquartered in Espoo, Finland, Martela employs around 330-350 professionals and maintains ISO 9001 quality, ISO 14001 environmental and ISO 45001 occupational health certifications supporting its circular economy focus. Recent developments include a new share-based incentive plan launched in March 2024 for key employees with performance periods through 2026 based on operating profit targets, featuring up to 715,000 A shares in rewards; ongoing efficiency measures announced in January, February and April 2025 targeting annual savings of EUR 0.5-0.7 million through permanent reduction of about 30 jobs in Finland and closer external service provider cooperation; revenue growth of 21.8% to EUR 50.2 million in H1 2025 with operating result improving to EUR -1.4 million from EUR -3.8 million prior year, and Q2 2025 operating profit turning positive at EUR 0.1 million.