Spadel SA

ESEF

Annual consolidated revenue for 2024: about EUR 379.3M, using the latest reported figures. The previous period, 2023, was about EUR 345.9M.

Watchlist

Latest fiscal year

Revenue

379 million EUR

2024 · EUR

Exact inputs and evidence

Operating margin

12.85%

2024 · %

Exact inputs and evidence
  • Operating Income: 48750000 EUR Source
  • Revenue: 379348000 EUR Source

Operating cash flow

68.5 million EUR

2024 · EUR

Exact inputs and evidence
  • Operating Cash Flow: 68527000 EUR Source

Free cash flow

45.7 million EUR

2024 · EUR

Exact inputs and evidence
  • Operating Cash Flow: 68527000 EUR Source
  • Capital Expenditure: 22808000 EUR Source
Cash and cash equivalents
150 million EUR Source
Exact value

149852000 EUR

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2025-04-23.

Financial data available through: 2024-12-31.

Coverage by financial measure
  • Revenue: 5 of 11 periods available· newest 2024-12-31
  • Operating income: 5 of 11 periods available· newest 2024-12-31
  • Net income: 5 of 11 periods available· newest 2024-12-31
  • Operating cash flow: 5 of 11 periods available· newest 2024-12-31
  • Capital expenditure: 5 of 11 periods available· newest 2024-12-31
  • Total assets: 5 of 11 periods available· newest 2024-12-31
  • Total liabilities: 5 of 11 periods available· newest 2024-12-31
  • Current assets: 5 of 11 periods available· newest 2024-12-31
  • Current liabilities: 5 of 11 periods available· newest 2024-12-31
  • Cash and cash equivalents: 5 of 11 periods available· newest 2024-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +9.7%

    Prior period

    EUR 345.94 million

    –

    Current period

    EUR 379.35 million

    –

    Exact inputs and evidence

    379348000 − 345939000 = 33409000 EUR

    345939000 EUR · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    379348000 EUR · 2024-01-01 – 2024-12-31

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  • Net income

    +45.3%

    Prior period

    EUR 28.23 million

    –

    Current period

    EUR 41.03 million

    –

    Exact inputs and evidence

    41028000 − 28234000 = 12794000 EUR

    28234000 EUR · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    41028000 EUR · 2024-01-01 – 2024-12-31

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  • Operating cash flow

    +10.9%

    Prior period

    EUR 61.81 million

    –

    Current period

    EUR 68.53 million

    –

    Exact inputs and evidence

    68527000 − 61810000 = 6717000 EUR

    61810000 EUR · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    68527000 EUR · 2024-01-01 – 2024-12-31

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  • Capital expenditure

    +13.4%

    Prior period

    EUR 20.12 million

    –

    Current period

    EUR 22.81 million

    –

    Exact inputs and evidence

    22808000 − 20118000 = 2690000 EUR

    20118000 EUR · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    22808000 EUR · 2024-01-01 – 2024-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2024 2024-01-01 – 2024-12-31

  • Revenue EUR 379.35 million 100% of revenue
  • Operating costs Derived EUR 330.6 million 87% of revenue
  • Operating income EUR 48.75 million 13% of revenue
  • Tax, interest and other Derived EUR 7.72 million 2% of revenue
  • Net income EUR 41.03 million 11% of revenue

Cash

  • Operating cash flow EUR 68.53 million 18% of revenue
  • Capital expenditure EUR 22.81 million 6% of revenue
  • Free cash flow Derived EUR 45.72 million 12% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2020 10%87%
  • 2021 9.4%87%
  • 2022 94%
  • 2023 90%
  • 2024 11%87%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2020 2020-01-01 – 2020-12-31266607000 230816000 Derived 35791000 8457000 Derived 27334000 30100000 Derived
Source
2021 2021-01-01 – 2021-12-31282159000 245605000 Derived 36554000 9905000 Derived 26649000 30566000 Derived
Source
2022 2022-01-01 – 2022-12-31320751000 300018000 Derived 20733000 7945000 Derived 12788000 20430000 Derived
Source
2023 2023-01-01 – 2023-12-31345939000 311692000 Derived 34247000 6013000 Derived 28234000 41692000 Derived
Source
2024 2024-01-01 – 2024-12-31379348000 330598000 Derived 48750000 7722000 Derived 41028000 45719000 Derived
Source

Amounts are exact, in EUR.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

EUR 379.3M 2024
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.409.7M307.3M204.8M102.4M0.020202021202220232024
Values and sources
Revenue values and source evidence
PeriodSeriesValue(EUR)Source evidence
2020Revenue266607000
2021Revenue282159000
2022Revenue320751000
2023Revenue345939000
2024Revenue379348000

Revenue growth

Change in revenue from the same financial period one year earlier.

9.7% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.14.8%11.1%7.4%3.7%0.0%20202021202220232024
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2020Year over yearNo prior comparable period
2021Year over year5.8%
2022Year over year13.7%
2023Year over year7.9%
2024Year over year9.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 12.9% 2024
Net margin 10.8% 2024
Free cash flow margin 12.1% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.14.5%10.9%7.2%3.6%0.0%20202021202220232024
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2020Operating margin13.4%
2021Operating margin13%
2022Operating margin6.5%
2023Operating margin9.9%
2024Operating margin12.9%
2020Net margin10.3%
2021Net margin9.4%
2022Net margin4%
2023Net margin8.2%
2024Net margin10.8%
2020Free cash flow margin11.3%
2021Free cash flow margin10.8%
2022Free cash flow margin6.4%
2023Free cash flow margin12.1%
2024Free cash flow margin12.1%

Operating cash flow

Cash generated by the company’s normal business operations.

EUR 68.5M 2024
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.74.0M55.5M37.0M18.5M0.020202021202220232024
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(EUR)Source evidence
2020Operating cash flow48899000
2021Operating cash flow46389000
2022Operating cash flow36218000
2023Operating cash flow61810000
2024Operating cash flow68527000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

EUR 45.7M 2024
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.49.4M37.0M24.7M12.3M0.020202021202220232024
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(EUR)Source evidence
2020Free cash flow30100000
2021Free cash flow30566000
2022Free cash flow20430000
2023Free cash flow41692000
2024Free cash flow45719000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

34.1% 2024
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.45%34%22%11%0%20202021202220232024
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2020Liabilities / assets41.4%
2021Liabilities / assets36.9%
2022Liabilities / assets34.9%
2023Liabilities / assets34.5%
2024Liabilities / assets34.1%

Current assets to current liabilities

Current assets divided by current liabilities.

1.82× 2024
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.97×1.48×0.98×0.49×0.00×20202021202220232024
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2020Current assets / current liabilities1.36×
2021Current assets / current liabilities1.44×
2022Current assets / current liabilities1.52×
2023Current assets / current liabilities1.67×
2024Current assets / current liabilities1.82×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2020 2020-01-01 – 2020-12-31
EUR 27.33 million
Exact value

Exact value: 27334000 EUR

2020-01-01 – 2020-12-31: 27334000 EUR Inspect Net Income Open source
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EUR 48.9 million
Exact value

Exact value: 48899000 EUR

2020-01-01 – 2020-12-31: 48899000 EUR Inspect Operating Cash Flow Open source
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EUR 18.8 million
Exact value

Exact value: 18799000 EUR

2020-01-01 – 2020-12-31: 18799000 EUR Inspect Capital Expenditure Open source
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EUR 30.1 million
Calculation and evidence

48899000 − 18799000 EUR

Exact free cash flow: 30100000 EUR

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2021 2021-01-01 – 2021-12-31
EUR 26.65 million
Exact value

Exact value: 26649000 EUR

2021-01-01 – 2021-12-31: 26649000 EUR Inspect Net Income Open source
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EUR 46.39 million
Exact value

Exact value: 46389000 EUR

2021-01-01 – 2021-12-31: 46389000 EUR Inspect Operating Cash Flow Open source
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EUR 15.82 million
Exact value

Exact value: 15823000 EUR

2021-01-01 – 2021-12-31: 15823000 EUR Inspect Capital Expenditure Open source
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EUR 30.57 million
Calculation and evidence

46389000 − 15823000 EUR

Exact free cash flow: 30566000 EUR

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2022 2022-01-01 – 2022-12-31
EUR 12.79 million
Exact value

Exact value: 12788000 EUR

2022-01-01 – 2022-12-31: 12788000 EUR Inspect Net Income Open source
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EUR 36.22 million
Exact value

Exact value: 36218000 EUR

2022-01-01 – 2022-12-31: 36218000 EUR Inspect Operating Cash Flow Open source
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EUR 15.79 million
Exact value

Exact value: 15788000 EUR

2022-01-01 – 2022-12-31: 15788000 EUR Inspect Capital Expenditure Open source
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EUR 20.43 million
Calculation and evidence

36218000 − 15788000 EUR

Exact free cash flow: 20430000 EUR

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2023 2023-01-01 – 2023-12-31
EUR 28.23 million
Exact value

Exact value: 28234000 EUR

2023-01-01 – 2023-12-31: 28234000 EUR Inspect Net Income Open source
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EUR 61.81 million
Exact value

Exact value: 61810000 EUR

2023-01-01 – 2023-12-31: 61810000 EUR Inspect Operating Cash Flow Open source
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EUR 20.12 million
Exact value

Exact value: 20118000 EUR

2023-01-01 – 2023-12-31: 20118000 EUR Inspect Capital Expenditure Open source
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EUR 41.69 million
Calculation and evidence

61810000 − 20118000 EUR

Exact free cash flow: 41692000 EUR

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2024 2024-01-01 – 2024-12-31
EUR 41.03 million
Exact value

Exact value: 41028000 EUR

2024-01-01 – 2024-12-31: 41028000 EUR Inspect Net Income Open source
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EUR 68.53 million
Exact value

Exact value: 68527000 EUR

2024-01-01 – 2024-12-31: 68527000 EUR Inspect Operating Cash Flow Open source
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EUR 22.81 million
Exact value

Exact value: 22808000 EUR

2024-01-01 – 2024-12-31: 22808000 EUR Inspect Capital Expenditure Open source
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EUR 45.72 million
Calculation and evidence

68527000 − 22808000 EUR

Exact free cash flow: 45719000 EUR

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

5 filings · 287 latest values · 287 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 213800413RZM6IS8GM09, esef:213800413RZM6IS8GM09