Varta AG

Varta AG

VARTY
Varta AGUS flagOther OTC
0.21
USD
- -
- -
8.95MMarket Cap
2008 Y
2009 Y
2010 Y
2011 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
0.02
0.04
- -
2.39
0.77
0.71
0.92
2.15
2.23
2
1.95
- -
1.93
Basic EPS, GAAP
- -
-0.06
0.2
-0.12
0.11
0.04
0.07
0.13
0.24
0.31
-0.5
-0.98
- -
-0.98
Free Cash Flow per Basic Share
- -
-0.09
-0.1
- -
0.27
0.07
0.18
0.27
0.58
0.31
0.05
0.21
- -
0.2
Dividend per Share
- -
0.1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
0.9
0.64
0.52
0.64
0.26
0.28
0.4
0.62
0.69
-0.04
-1.01
- -
-1.01
Tangible Book Value per Share
- -
0.84
0.66
0.54
0.5
0.67
0.62
1
1.08
1.12
0.35
-0.51
- -
-0.5
Basic Weighted Avg Shares
- -
49
49
49
89
313
382
394
404
404
404
422
- -
425
Sales/Revenue/Turnover
- -
1
2
- -
214
242
272
363
870
903
807
820
793
820
Operating Margin (%)
- -
-373.04
-68.87
-990.79
6.79
11.28
14.15
20.55
16.95
21.57
-3.42
-5.12
-8.5
-5.12
Depreciation Expense
- -
- -
- -
- -
9
9
11
21
67
96
109
77
50
77
Net Income, GAAP
- -
-3
10
-6
9
13
25
50
95
126
-200
-414
-65
-414
Effective Tax Rate (%)
- -
- -
- -
- -
22.06
35.58
29.55
29
28.26
28.87
- -
- -
- -
- -
Profit Margin (%)
- -
-392.16
445.2
-2,599.12
4.4
5.48
9.3
13.89
10.97
13.95
-24.84
-50.51
-8.13
-50.51
Working Capital
50
36
40
27
28
155
168
215
58
16
-314
-352
-344
-352
LT Debt
- -
- -
- -
- -
16
- -
6
20
64
81
70
69
60
69
Total Equity
28
42
32
27
65
230
259
415
499
532
239
-125
-186
-125
Return on Invested Capital (%)
- -
- -
- -
- -
20.03
10.96
10.65
14.5
19.61
21.31
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
21.91
17.55
25.92
34.36
38.62
37.11
- -
- -
- -
- -
Return on Common Equity (%)
- -
-9.56
25.41
-20.48
22.67
19.36
27.29
38.09
46.57
47.74
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
18
17
17
LT Borrowings
- -
- -
- -
LT Finance Leases
71
68
69
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
43
43
43
Market Capitalization
767
783
885

Working Capital

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
414
423
461
Cash, Cash Equivalents & STI
54
40
120
Accounts Receivable, Net
79
108
115
Inventories
221
214
190
Total Current Liabilities
408
421
813
Payables & Accruals
- -
- -
- -
ST Debt
18
17
17
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
32.25%
-26.19%
49.1%
Free Cash Flow
- -
30.93%
-160.24%
Net Income, GAAP
-30.46%
-23.09%
-84.43%
Sales/Revenue/Turnover
9,377.92%
26.26%
-3.31%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
185
192
194
236
807
2023
164
175
215
266
820
2024
- -
- -
- -
- -
793

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.02
- -
- -
- -
-0.5
2023
-0.09
- -
- -
- -
-0.98
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Michael Ostermann
Full Time Employees
4,049
Sector
Industrials
Industry
Electrical Equipment & Parts
Address
VARTA-Platz 1 Ellwangen Germany 73479
IPO Date
Aug 5, 2021
Business
VARTA AG is a global technology company specializing in the development, manufacture, and sale of advanced battery solutions and energy storage systems. The company's core product portfolio includes microbatteries for consumer electronics and medical devices; household batteries under the VARTA brand; lithium-ion small cells and custom lithium-ion battery packs for industrial applications; and stationary energy storage systems for residential and commercial use. VARTA’s products serve diverse markets including consumer electronics, medical technology, industrial applications, and energy storage infrastructure across Europe and globally. Founded in 1887 and headquartered in Ellwangen, Germany, VARTA AG is recognized as a European technology leader in battery innovation. Recent major changes include the successful completion of a financial and operational realignment in 2024, positioning the company for a sustainable and profitable growth trajectory. In 2025, Porsche AG acquired a 70% stake in VARTA’s battery subsidiary V4Drive GmbH, strengthening strategic partnerships and focusing on ultra-high-performance lithium-ion cylindrical cells. VARTA has expanded its lithium-ion production capabilities and reinforced its market position through the acquisition of VARTA Consumer from Energizer Holdings, consolidating the VARTA brand portfolio. The company continues to invest in new technology fields, including sodium-ion batteries and scalable modular energy storage systems, aiming to strengthen its competitiveness in Europe. Product innovation efforts include launching advanced lithium-ion battery packs with smart connectivity and enhanced durability for automotive and leisure vehicles. VARTA also maintains strategic collaborations to develop sustainable cell technologies and expand its energy storage solutions for growing European and global markets. VARTA AG operates primarily in the manufacturing industry with a strong presence in Europe, leveraging its historical expertise and technological innovation to serve a wide client base including consumer, industrial, and energy infrastructure sectors. The company is a subsidiary of Montana Tech Components AG and maintains a commitment to advancing European battery technology with a focus on sustainability, reliability, and cutting-edge innovation. Key business segments include Consumer Batteries, Micro Batteries, Lithium-Ion Small Cells, Lithium-Ion Battery Packs, and Energy Storage Systems. This comprehensive product and service offering is supported by ongoing investments in research, production infrastructure, and strategic partnerships with major automotive and technology partners such as Porsche AG. Through these developments, VARTA AG consolidates its position as a leading European supplier of high-quality energy storage solutions, emphasizing operational discipline, flexible resource management, and targeted investments in emerging battery technologies to achieve growth and profitability in the evolving energy sector. The company’s focus on technology neutrality and “Made in Europe” manufacturing underpins its strategic direction to meet customer-specific needs and expand into new business areas, aligning with global trends toward electrification and sustainable energy solutions. Overall, VARTA AG represents a technologically advanced, innovation-driven battery manufacturer with a diversified product range, recent strategic realignments, and partnerships that reinforce its competitive edge in the European and global markets.