DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen

Latest Results (24.12.2025):

Summary — DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen — Q4 / FY 2024: The company reported full-year 2024 (including Q4 2024) results in its Annual Report 2024. Group revenue fell to EUR 226.2 million (2023: EUR 283.2 m). EBIT declined to EUR 9.3 million (2023: EUR 22.3 m) with an EBIT margin of 4.1% (2023: 7.9%). Consolidated net income was EUR 5.6 million (2023: EUR 14.5 m). The equity ratio improved to 71.9% and operating cash flow was positive at EUR 21.7 million. Management proposes a dividend of EUR 0.75 per share; the company expects a difficult H1 2025 and issues restrained full-year 2025 guidance.

Revenue and top-line

Full-year revenue: EUR 226,208 thousand (2023: EUR 283,235 thousand). Orders received in 2024 were EUR 201,406 thousand (2023: EUR 253,581 thousand). Export rate remained high at 52.7%.

Profitability

EBIT: EUR 9,321 thousand (2023: EUR 22,296 thousand). EBITDA: EUR 16,594 thousand (2023: EUR 28,432 thousand). Net income: EUR 5,577 thousand (2023: EUR 14,487 thousand). Earnings per share: EUR 1.58 (2023: EUR 4.11).

Segments — Displays vs. Systems

Displays segment saw a marked decline in orders and revenue (orders ~EUR 88.3 million; backlog ~EUR 98.4 million). Systems segment revenue declined to EUR 89,014 thousand (previous year: EUR 101,785 thousand) and reported EBIT of EUR 6,441 thousand.

Cash flow and investments

Operating cash flow: EUR 21,728 thousand (2023: EUR 23,848 thousand). Capital expenditure / investments: EUR 3,514 thousand (2023: EUR 8,952 thousand). Capitalised development costs: EUR 457 thousand; R&D expenses: EUR 6,070 thousand (2023: EUR 7,152 thousand).

Balance sheet and liquidity

Shareholders’ equity: EUR 151,115 thousand (2023: EUR 145,636 thousand). Equity ratio: 71.9% (2023: 66.4%). Working capital: EUR 113,827 thousand (2023: EUR 123,311 thousand). Lease and financing structure noted; net financial result negative at EUR -1,347 thousand.

Employees and efficiency

Average number of employees: 531 (2023: 525). Revenue per employee: 426 (reported metric). Continued investments in production capacity (Poland) and security-related IT infrastructure.

Dividend and capital allocation

Executive Board proposes dividend of EUR 0.75 per share for FY 2024 (distribution proposal). Prior-year dividend per share was EUR 0.12 (2023).

Outlook and management commentary

Management notes a challenging market environment in 2024 (lower order levels, inflationary cost pressure, geopolitical risks) and says H1 2025 is expected to be difficult. The company remains committed to the “Display the Future 2028” strategy and to measures to optimize cost structure, supply chains and product portfolio.