Estrima S.p.A.

Estrima S.p.A.

MMIL:ESTM
0.09
EUR
+0.00
(+1.14%)
Mar 03Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.76
2.86
1.78
7.18
8.59
1.72
0.86
- -
Basic EPS, GAAP
0.02
-0.01
-0.28
-0.62
-2.37
-0.11
-0.05
- -
Free Cash Flow per Basic Share
0.13
-0.18
- -
-1.02
-0.8
0.09
-0.06
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.14
1.88
4.44
3.84
1.46
1.03
0.23
1.03
Tangible Book Value per Share
0.06
0.22
2.46
1.87
1.19
0.9
0.21
0.9
Basic Weighted Avg Shares
5
5
5
5
5
19
30
17
Sales/Revenue/Turnover
29
14
9
36
43
33
26
- -
Operating Margin (%)
1.8
-17.84
-20.41
-9.61
-8.05
-2.59
-0.42
- -
Depreciation Expense
- -
- -
1
2
2
1
1
- -
Net Income, GAAP
- -
- -
-1
-3
-12
-2
-1
- -
Effective Tax Rate (%)
27.26
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
0.43
-0.22
-15.5
-8.57
-27.59
-6.43
-5.63
- -
Working Capital
8
9
21
12
7
5
6
5
LT Debt
9
10
10
6
5
4
4
4
Total Equity
1
9
22
19
7
5
7
5
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-0.63
-8.72
-14.86
-89.47
-34.16
-24.03
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
6
5
4
LT Borrowings
5
4
4
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
- -
- -
- -

Working Capital

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
24
22
15
Cash, Cash Equivalents & STI
3
2
3
Accounts Receivable, Net
8
9
5
Inventories
8
8
6
Total Current Liabilities
17
18
10
Payables & Accruals
- -
- -
- -
ST Debt
6
5
4
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
13.23%
38.09%
Free Cash Flow
- -
- -
-208.19%
Net Income, GAAP
- -
906.67%
-33.04%
Sales/Revenue/Turnover
- -
47.81%
-23.42%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
43
2024
- -
- -
33
2025
- -
- -
26

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-2.37
2024
- -
- -
-0.11
2025
- -
- -
-0.05

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

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

Company Description

Sector
Consumer durables
Industry
Motor vehicles
Address
Pordenone Italy
IPO Date
Dec 16, 2021
Business
Estrima S.p.A. is an Italy-based micro-mobility and industrial manufacturing company that designs, develops, produces, and commercializes electric urban micro-vehicles and provides integrated Mobility-as-a-Service (MaaS) solutions and industrial machinery components. Founded in 2008 as a spin-off of the Brieda family industrial group, the company is headquartered in Pordenone, Italy, and trades publicly on the Euronext Growth Milan exchange. Estrima operates across three core business segments: Electric Micro-Mobility, Mobility Services, and Industrial Cabins. The company's principal product portfolio includes the Birò line of ultra-compact, 100% electric four-wheeled quadricycles; the Birò Small, an agile two-seat city vehicle designed to fit in scooter-sized parking spaces; the Birò Big, an extended-chassis model offering over 300 liters of rear cargo space for personal transit and urban last-mile logistics; multiple powertrain and speed configurations homologated under European L6e and L7e standards, including 45 km/h and 60 km/h variants; the patented ReMove swappable battery system, featuring a wheeled trolley mechanism that enables users to remove the battery pack and recharge it using standard 220V domestic electrical sockets; custom vehicle accessories, transparent polycarbonate safety enclosures, and embedded IoT telematics units; ergonomic, safety-certified operator cabins and structural components for agricultural, earthmoving, material-handling, and industrial vehicles produced through its subsidiary Brieda E C S.r.l.; and shared mobility platforms operated via subsidiaries Sharbie S.r.l. and UPooling S.r.l., encompassing the Birò Share mobile application, corporate fleet sharing software, closed-community residential sharing schemes, vehicle leasing, and after-sales maintenance services. Estrima serves private urban commuters, commercial delivery fleets, tourism operators, and public entities across key European markets, maintaining its primary geographic footprint in Italy, the Netherlands, and France, with distributed sales channels extending across Germany, Spain, Belgium, Austria, and the United Kingdom. In recent corporate developments, Estrima has advanced structural and financial turnaround initiatives to optimize operations and support long-term growth, securing a EUR 3 million capital increase agreement with mechatronics company Zetronic S.r.l. to drive manufacturing synergies and enhance working capital; undergoing subsequent governance and shareholding adjustments, including the transfer of a significant equity block to industrial leader Andrea Zucchelli to reinforce strategic execution; and expanding its commercial reach through the continued deployment of its Birò Point retail partnership model and localized electric micro-sharing projects across major metropolitan areas.