Azkoyen, S.A.

Azkoyen, S.A.

10.15
EUR
-0.15
(-1.46%)
211.64MMarket Cap
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
4.78
5.04
5.22
5.51
5.53
5.7
5.98
4.69
5.7
7.01
7.9
8.14
8.65
- -
Basic EPS, GAAP
0.01
0.15
0.29
0.45
0.52
0.64
0.66
0.26
0.53
0.61
0.71
0.76
0.71
- -
Free Cash Flow per Basic Share
0.34
0.37
0.55
0.47
0.59
0.4
0.8
0.4
0.69
0.58
0.45
1.37
0.95
- -
Dividend per Share
- -
- -
0.04
0.05
0.14
0.16
1.22
- -
0.2
1.06
0.18
0.36
0.38
- -
Book Value per Share
3.1
3.29
3.56
3.88
4.17
4.63
4.1
4.33
4.69
4.21
4.75
5.18
5.47
5.47
Tangible Book Value per Share
0.67
0.87
1.17
1.6
1.93
2.44
1.91
2.15
2.45
0.75
1.34
1.89
2.14
2.14
Basic Weighted Avg Shares
24
24
24
24
24
24
24
24
24
24
24
24
24
24
Sales/Revenue/Turnover
116
122
127
134
135
139
146
114
139
171
192
199
211
- -
Operating Margin (%)
4.71
7.61
9.64
11.35
12.64
12.94
13.25
8.89
12.15
12.29
11.9
12.93
13.43
- -
Depreciation Expense
7
5
5
5
5
4
6
6
6
7
9
9
9
- -
Net Income, GAAP
- -
4
7
11
13
16
16
6
13
15
17
19
17
- -
Effective Tax Rate (%)
93.12
32.61
28.12
13.89
20.73
12.02
15.99
33.92
21.92
24.15
23.65
24.05
28.69
- -
Profit Margin (%)
0.15
3.01
5.59
8.18
9.47
11.2
11.02
5.53
9.31
8.73
9.01
9.34
8.21
- -
Working Capital
20
16
24
28
30
37
33
38
44
34
40
43
50
50
LT Debt
31
21
19
12
6
2
19
16
9
34
25
18
4
4
Total Equity
78
81
89
96
102
113
100
106
115
103
116
127
134
134
Return on Invested Capital (%)
0.26
4.87
7.43
10.44
11.69
13.62
13.35
5.19
9.88
11.07
11.25
12.3
11.87
- -
Return on Capital (%)
0.4
4.84
7.24
10.33
11.89
13.84
13.51
4.99
10.02
11.06
12.54
12.68
11.97
- -
Return on Common Equity (%)
0.23
4.75
8.53
12.14
13.03
14.54
15.1
6.15
11.76
13.74
15.86
15.36
13.34
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
11
13
8
LT Borrowings
12
8
4
LT Finance Leases
5
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
151
227
212

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
99
106
106
Cash, Cash Equivalents & STI
19
13
20
Accounts Receivable, Net
33
52
51
Inventories
30
35
32
Total Current Liabilities
56
64
56
Payables & Accruals
- -
- -
- -
ST Debt
11
13
8
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.52%
5.11%
5.56%
Free Cash Flow
24.09%
42.15%
-30.77%
Net Income, GAAP
17.22%
27.27%
-6.84%
Sales/Revenue/Turnover
5.93%
13.32%
6.04%
Total Cash Common Dividend
- -
- -
7.2%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
192
2024
- -
- -
199
2025
- -
- -
211

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.71
2024
- -
- -
0.76
2025
- -
- -
0.71

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.18
2024
- -
- -
0.36
2025
- -
- -
0.38

Company Description

CEO
Juan Jesus Landa
Full Time Employees
1,025
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Avda. San Silvestre, s/n Peralta NA Spain 31350
IPO Date
Jul 29, 1997
Business
Azkoyen, S.A. (AZK.MC) is a Spanish multinational technology company specializing in the design, manufacture, and commercialization of advanced automated solutions for vending, payment systems, and security. Founded in 1945 and headquartered in Peralta, Navarre, Spain, the company operates through three primary divisions: Coffee & Vending Systems, which produces automatic coffee machines for vending, semi-automatic machines for office coffee service (OCS) and HoReCa sectors, premium traditional espresso machines under brands including Azkoyen, Coffetek, and recently acquired Ascaso, as well as vending machines for tobacco, hot and cold beverages, and snacks; Payment Technologies, offering cash management solutions such as coin hoppers, validators, bill validators, recycling systems, cashless systems, telemetry, and IoT platforms under brands like Azkoyen Payment Technologies, Coges, Cashlogy, and Vendon for sectors including retail, gaming, parking, transportation, and banking; and Time & Security, providing access control, time recording, and security systems under the primion brand. Azkoyen maintains production centers in eleven European countries and two in the Americas, distributing products to over 100 countries across five continents, with a strong emphasis on research, development, innovation, artificial intelligence, machine learning, and sustainability. In recent developments, the company acquired Ascaso in 2022 for 17 million euros to expand its premium coffee portfolio and international presence in Asia and North America, fully acquired Vendon to bolster IoT and payment solutions, purchased Coges SpA in 2025 to strengthen automatic payment systems, and approved a partial segregation of its Coffee & Vending and Payment Technologies activities into a new wholly-owned subsidiary in October 2025, positioning Azkoyen primarily as a holding company overseeing industrial and commercial operations alongside its Time & Security division led by Primion Technologies GmbH.