Ion Beam Applications SA

Ion Beam Applications SA

15.66
EUR
-0.56
(-3.45%)
494.26MMarket Cap
Mar 25Next 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
7.93
8.07
9.6
11.44
8.11
8.78
9.59
10.53
10.64
12.4
15.99
17.03
21.11
- -
Basic EPS, GAAP
-0.04
0.89
2.17
0.85
-1.34
-0.15
0.26
1.08
0.13
0.21
-0.31
0.32
0.43
- -
Free Cash Flow per Basic Share
0.11
0.37
1.46
-1.04
-2.05
-1.27
1.48
3.25
2.79
0.49
-1.1
-0.62
-1.31
- -
Dividend per Share
- -
0.01
0.19
1.4
0.28
- -
- -
0.08
0.2
0.19
0.21
0.17
0.24
- -
Book Value per Share
2.44
3.8
5.63
5.06
3.64
3.43
3.7
4.72
4.28
3.97
3.64
3.78
4.33
4.1
Tangible Book Value per Share
1.97
3.34
5.2
4.6
3.09
3.14
3.36
4.44
4.02
3.36
2.84
2.9
2.86
2.61
Basic Weighted Avg Shares
27
27
28
29
29
29
29
30
29
29
29
29
29
29
Sales/Revenue/Turnover
213
221
270
329
236
257
283
312
313
361
467
498
620
- -
Operating Margin (%)
2.27
10.15
8.83
9.59
-7.71
1.9
0.66
12.9
4.37
1.37
1.15
1.99
3.58
- -
Depreciation Expense
5
4
4
5
6
7
12
12
10
11
12
12
14
- -
Net Income, GAAP
-1
24
61
24
-39
-4
8
32
4
6
-9
9
13
- -
Effective Tax Rate (%)
- -
- -
6.03
12.04
- -
- -
29.31
3.43
53.01
- -
- -
37.88
32.17
- -
Profit Margin (%)
-0.48
11.01
22.63
7.43
-16.58
-1.71
2.69
10.23
1.24
1.68
-1.95
1.86
2.05
- -
Working Capital
27
46
118
110
69
83
76
137
79
39
-1
-21
-3
-7
LT Debt
42
27
15
28
19
54
59
66
54
31
29
26
78
82
Total Equity
67
108
164
150
109
103
111
142
126
116
106
111
127
119
Return on Invested Capital (%)
- -
- -
35.47
13.89
- -
- -
5.29
19.02
2.99
- -
- -
8.2
9.83
- -
Return on Capital (%)
- -
- -
37.34
13.57
- -
- -
4.91
17.02
2.39
- -
- -
7.01
7.76
- -
Return on Common Equity (%)
-1.62
27.8
45.13
15.57
-30.26
-4.16
7.1
25.22
2.9
5.01
-8.2
8.52
10.69
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
40
39
37
LT Borrowings
4
55
60
LT Finance Leases
23
22
22
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
29
29
29
Market Capitalization
335
370
494

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
443
470
531
Cash, Cash Equivalents & STI
37
65
44
Accounts Receivable, Net
73
96
89
Inventories
149
135
167
Total Current Liabilities
473
473
537
Payables & Accruals
- -
- -
- -
ST Debt
40
39
37
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.4%
-1.69%
14.65%
Free Cash Flow
-55.72%
-70.23%
113.05%
Net Income, GAAP
-80.88%
-89.22%
37.59%
Sales/Revenue/Turnover
9.87%
15.23%
24.49%
Total Cash Common Dividend
- -
37.41%
44.36%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
498
2025
- -
- -
620
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.32
2025
- -
- -
0.43
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.17
2025
- -
- -
0.24
2026
- -
- -
- -

Company Description

CEO
Olivier Legrain
Full Time Employees
2,302
Sector
Health technology
Industry
Medical specialties
Address
3, Chemin du Cyclotron Louvain-la-Neuve BU Belgium 1348
IPO Date
Jun 13, 1998
Business
Ion Beam Applications S.A. Ion Beam Applications S.A. designs, produces and markets particle accelerator technologies and equipment primarily for cancer diagnosis and treatment, as well as industrial applications; core offerings span proton therapy systems including the ProteusONE and ProteusPLUS platforms, dosimetry solutions for radiation therapy and medical imaging quality assurance, radiopharma solutions encompassing cyclotrons such as Cyclone Icon and Cyclone Cube, radiosynthesis modules like Synthera, and integrated radiopharmacy facilities, and industrial solutions featuring the Beyond system for sterilization processes. The company operates globally with approximately 2,100 employees across 40 locations in regions including Europe, the United States, Asia-Pacific and emerging markets, targeting hospitals, cancer centers, nuclear medicine departments and industrial sterilizers; headquartered in Louvain-la-Neuve, Belgium, it was founded in 1986 as a spin-off from the University of Louvain's Cyclotron Research Center and holds B Corporation certification for social and environmental performance. Recent developments include the acquisition of PhantomX GmbH in November 2025 to enhance dosimetry with AI-enabled anthropomorphic phantoms for medical imaging quality assurance, the closing of a EUR 135 million refinancing package comprising a EUR 125 million bank club deal and a EUR 10 million subordinated loan to bolster the balance sheet and support growth opportunities, a memorandum of understanding with Varian signed at ASTRO 2025 to advance proton therapy interoperability, strong order intake growth to EUR 195 million as of Q3 2025 driven by radiopharma and four ProteusONE sales, and ongoing progress in carbon therapy partnership ELITRA with installation advancements in APAC.

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