Pallas Air Plc

Pallas Air Plc

HHEL:PALLAS
0.46
EUR
+0.02
(+4.55%)
951,833.88Market Cap
Apr 01Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
31.13
51.48
13.48
30.39
10.05
5.32
- -
Basic EPS, GAAP
5.72
11.63
-22.74
-37.21
-10.55
-8.29
- -
Free Cash Flow per Basic Share
-2.94
-1.65
-13.14
-18.5
-2.78
-0.09
- -
Dividend per Share
- -
0.51
- -
- -
- -
- -
- -
Book Value per Share
8.69
19.82
20.47
15.77
-0.27
13.56
-10.35
Tangible Book Value per Share
5.68
16.69
-1.64
-8.09
-5.01
11.15
-12.29
Basic Weighted Avg Shares
- -
- -
- -
- -
1
1
1
Sales/Revenue/Turnover
11
18
4
4
8
7
- -
Operating Margin (%)
23.33
28.73
-143.24
-180.84
-95.2
-143.44
- -
Depreciation Expense
- -
1
3
3
4
5
- -
Net Income, GAAP
2
4
-7
-4
-9
-11
- -
Effective Tax Rate (%)
20.01
19.05
- -
- -
- -
- -
- -
Profit Margin (%)
18.37
22.6
-168.68
-122.45
-104.98
-156.04
- -
Working Capital
- -
2
1
- -
-3
-10
-12
LT Debt
3
4
7
5
5
4
3
Total Equity
3
7
7
5
- -
17
-13
Return on Invested Capital (%)
- -
42.6
- -
- -
- -
- -
- -
Return on Capital (%)
- -
44.71
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
81.6
-106.55
-68.7
- -
- -
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
5
5
6
LT Borrowings
4
4
3
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1
1
1
Market Capitalization
2
1
1

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
7
3
3
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
1
1
1
Inventories
3
2
1
Total Current Liabilities
13
13
15
Payables & Accruals
- -
- -
- -
ST Debt
5
5
6
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-1,035.97%
-5,181.81%
Free Cash Flow
- -
94.05%
-94.9%
Net Income, GAAP
- -
-19.63%
21.78%
Sales/Revenue/Turnover
- -
17.78%
-18.06%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
8
2025
- -
- -
7
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-10.55
2025
- -
- -
-8.29
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Tomi Viitanen
Full Time Employees
29
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Rajamaankuja 6 Helsinki UU Finland 02970
IPO Date
Apr 20, 2022
Business
Pallas Air Oyj is a Finland-based industrial company that develops and provides air purification solutions and related equipment for indoor environments. Founded in 1988 and headquartered in Helsinki, the company focuses on cleaner, healthier indoor air through its core product categories and service offerings. Primary activities include air purification devices and systems; ventilation and air filtration solutions; cleaning equipment for ventilation ducts and industrial piping; personal protective products such as masks and respirators; and ancillary accessories and vending solutions for masks. Pallas Air operates across global markets with a strong presence in the Nordic region, and serves corporate customers, institutions, and end consumers through direct and partner channels. The company, formerly known as Lifa Air Oyj, changes its corporate identity to Pallas Air Oyj in 2023 and maintains a multi-market approach through regional subsidiaries and partnerships. Headquarters and main operations are in Helsinki, Finland, with activity extending to Europe and other selected international markets. The business is organized around industrial and commercial air purification, filtration technology, and related equipment for homes, workplaces, healthcare facilities, schools, and industrial sites, alongside strategic initiatives to expand distribution, expand product lines, and enhance service capabilities. Subsidiaries and affiliate arrangements support global reach and regional market focus.