ELARIS AG

Latest Results (12.06.2024):

Revenue Growth

In the fiscal year 2022, ELARIS AG experienced a significant revenue increase of 241.6%, reaching €3.04 million, up from €0.89 million the previous year. This growth trajectory continued into the first ten months of 2023, with revenues amounting to €9.39 million as of October 31, 2023, compared to €2.29 million during the same period in 2022.

EBITDA Performance

ELARIS AG reported a negative EBITDA of -€3.14 million in 2022, a decrease from the previous year's -€1.14 million. This decline was influenced by substantial investments in expanding the E-Mobility sector. For the first ten months of 2023, the EBITDA improved slightly to -€1.66 million, compared to -€4.28 million over the same period in 2022.

Future Financial Outlook

Looking ahead, ELARIS AG anticipates a robust growth in revenue and EBITDA for the upcoming years. Projections for 2024 estimate revenues to soar to €130.26 million with an EBITDA of €10.78 million, and further growth in 2025 with revenues expected to reach €256.69 million and an EBITDA of €30.57 million. By 2026, revenues are forecasted to climb to €388.02 million with an EBITDA of €60.19 million.

Strategic Positioning

ELARIS AG is well-positioned to capitalize on the expanding E-Mobility market in Germany, supported by a strong product portfolio and a broad network of sales and service partners. The company's innovative direct sales combined with traditional distribution channels are expected to drive significant market share growth and profitability in the coming years.

Market Impact and Valuation

Given the dynamic growth in the E-Mobility sector and ELARIS AG's strategic initiatives, the company is poised for substantial revenue growth and profitability improvements. A DCF model analysis suggests a fair value of €47.55 per share by the end of 2024, reflecting the potential for significant investor returns as the company scales operations and expands its market presence.