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Heliad AG

Heliad AG

13.70
EUR
+0.10
(+0.74%)
129.52MMarket Cap
Heliad AG
STU:A7A
(Stuttgart Stock Exchange)

Recent

price

13.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
EUR
0.47
5.23
0.91
0.31
1.96
1.98
1.11
1.01
2.77
0.84
0.49
0.99
0.35
0.24
0.44
0.1
- -
Revenue per Share
0.26
-5.41
-2.01
-0.38
0.36
1.43
3.07
2.95
3.27
7.49
0.06
-0.06
0.37
3.19
3.63
12.72
- -
Basic EPS, GAAP
- -
0.48
0.07
- -
-0.01
0.57
0.19
0.37
0.28
0.19
0.42
- -
0.62
0.11
-0.24
-0.17
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
11.38
7.26
4.47
4
8.65
12.05
14.7
20.7
20.16
26.65
10.56
10.36
10.73
8.72
9.05
8.61
8.61
Book Value per Share
11.14
7.11
4.47
4
8.64
12.05
14.7
20.7
20.15
26.65
10.56
10.36
10.73
8.72
9.05
8.61
8.61
Tangible Book Value per Share
5
5
5
5
5
5
5
5
5
5
5
5
5
6
8
8
8
Basic Weighted Avg Shares
2
24
4
1
9
9
5
5
14
4
3
5
2
2
4
1
- -
Sales/Revenue/Turnover
-421.4
-61.42
-77.73
-17.92
14.04
10.18
275.99
298.79
118.9
907.75
-25.05
-21.38
-104.86
-223.01
-24.78
-1,144.66
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
56
33
1
7
- -
Depreciation Expense
1
-25
-9
-2
2
7
14
14
17
40
- -
- -
2
20
31
107
- -
Net Income, GAAP
1.08
- -
- -
- -
1.02
8.34
0.3
1.69
0.98
1.85
14.48
301.18
14.83
2.32
0.18
1.59
- -
Effective Tax Rate (%)
54.85
-103.58
-220.21
-125.46
18.36
72.36
275.72
292.41
117.97
890.4
13.14
-6.41
105.89
1,315.36
833.42
12,277.5
- -
Profit Margin (%)
29
14
9
3
5
3
1
6
16
10
8
9
5
12
11
4
4
Working Capital
- -
- -
- -
- -
1
- -
- -
- -
- -
1
- -
- -
- -
15
18
22
22
LT Debt
52
33
20
18
39
55
67
104
106
143
57
57
59
74
77
72
72
Total Equity
-27.84
- -
- -
- -
1.53
7.6
3.68
1.67
0.74
1.72
0.22
5.99
-2.96
27.93
33.97
113.28
- -
Return on Invested Capital (%)
2.09
- -
- -
- -
5.52
13.64
22.92
16.62
16.1
31.68
0.35
-0.61
3.52
28.28
34.32
113.58
- -
Return on Capital (%)
2.36
-58.09
-34.33
-9.05
5.69
13.84
22.92
16.62
16.1
31.74
0.34
-0.61
3.52
30.33
40.64
143.5
- -
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
18
- -
22
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
83
114
130

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
11
- -
4
Cash, Cash Equivalents & STI
7
- -
2
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.08%
5.56%
-5.42%
Free Cash Flow
- -
- -
-30.68%
Net Income, GAAP
46.97%
60.12%
249.81%
Sales/Revenue/Turnover
12.32%
17.34%
-76.25%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2
2024
- -
- -
4
2025
- -
- -
1

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
3.19
2024
- -
- -
3.63
2025
- -
- -
12.72

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
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Business
Heliad AG Heliad AG is a Frankfurt-based venture capital firm that invests in high-growth technology companies, primarily in fintech, blockchain, climate tech, healthcare, mobility, and GovTech sectors; it provides growth capital from series A through C, early-stage venture funding via its Collective Ventures platform, follow-on investments, and debt financing to portfolio companies such as Raisin, Enpal, FINN, Razor Group, Nelly, Gaia, ARX Robotics, and askLio, with operations focused on Western Europe, the DACH region, and selective global opportunities including the US and Asia. Founded in 2003 and headquartered at Ulmenstrasse 37-39 in Frankfurt am Main, Germany, the firm maintains an evergreen structure independent of traditional fund lifecycles, enabling long-term support for portfolio companies pre-IPO, at IPO, and beyond, while offering shareholders liquid access to venture capital through its publicly traded shares. Recent developments include the 2024 acquisition of Collective Ventures to expand early-stage deal flow and co-investment networks for pre-seed to Series A startups; the launch of Heliad Crypto Partners with the Heliad Blockchain Traction Index and DDA Heliad Dynamic Blockchain ETP in cooperation with Deutsche Digital Assets; progression of its GovTech investment strategy through partnerships like the Technical University Munich; and follow-on portfolio activity such as Heliad Equity Partners' participation in NewtonX's Series B round, alongside integrations supporting companies like FINN's European expansion, Raisin's FinTech awards, and Razor Group's acquisition of Perch.