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Turbo Energy, S.A. American Depositary Shares (TURB) 10-Year Financial Performance & Capital Metrics

TURB • • Industrial / General
EnergySolarSolar Technology & Software SolutionsSolar Monitoring & AI Software
AboutTurbo Energy, S.A. designs, develops, and distributes equipment for the generation, management, and storage of photovoltaic energy in Spain, Europe, and internationally. Its products include lithium-ion batteries; inverters; and Sunbox, an AI based software system that monitors the generation, use, and management of photovoltaic energy. The company also engages in the acquisition, distribution, and sale of electrical and electronic materials for the development of renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures. The company was incorporated in 2013 and is based in Valencia, Spain. Turbo Energy, S.A. operates as a subsidiary of Umbrella Solar Investment, S.A.Show more
  • Revenue $9M -28.1%
  • EBITDA -$4M -53.1%
  • Net Income -$3M -65.7%
  • EPS (Diluted) -1.50 -50.0%
  • Gross Margin 3.57% -55.9%
  • EBITDA Margin -40.87% -113.0%
  • Operating Margin -42.17% -109.2%
  • Net Margin -35.44% -130.6%
  • ROE -84.68% -92.9%
  • ROIC -41.97% -117.4%
  • Debt/Equity 2.01 +161.1%
  • Interest Coverage -10.39 -59.6%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 0.9x book value

✗Weaknesses

  • ✗High debt to equity ratio of 2.0x
  • ✗Weak Piotroski F-Score: 2/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 4 (bottom 4%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-18.12%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg-8.1%
5Y Avg-8.1%
3Y Avg-26.98%
Latest-89.86%

Peer Comparison

Solar Monitoring & AI Software
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TURBTurbo Energy, S.A. American Depositary Shares12.34M1.12-0.75-28.14%-35.44%-84.68%2.01
TYGOTigo Energy, Inc.124.52M1.77-1.70-62.81%-44.5%-335.12%5.02

Profit & Loss

Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+17.15M31.15M13.1M9.42M
Revenue Growth %-0.82%-0.58%-0.28%
Cost of Goods Sold+14.9M26.55M12.04M9.08M
COGS % of Revenue0.87%0.85%0.92%0.96%
Gross Profit+2.26M4.6M1.06M336.28K
Gross Margin %0.13%0.15%0.08%0.04%
Gross Profit Growth %-1.04%-0.77%-0.68%
Operating Expenses+1.78M2.93M3.7M4.31M
OpEx % of Revenue0.1%0.09%0.28%0.46%
Selling, General & Admin1.64M2.85M3.27M4.03M
SG&A % of Revenue0.1%0.09%0.25%0.43%
Research & Development0000
R&D % of Revenue----
Other Operating Expenses140.57K80.93K433.57K274.93K
Operating Income+477.5K1.67M-2.64M-3.97M
Operating Margin %0.03%0.05%-0.2%-0.42%
Operating Income Growth %-2.5%-2.58%-0.5%
EBITDA+496.38K1.71M-2.51M-3.85M
EBITDA Margin %0.03%0.05%-0.19%-0.41%
EBITDA Growth %-2.45%-2.47%-0.53%
D&A (Non-Cash Add-back)18.89K42.28K127.93K123.07K
EBIT486.43K1.7M-2.72M-4.1M
Net Interest Income+-138.21K-308.98K-405.59K-319.24K
Interest Income0044463.12K
Interest Expense138.21K308.98K406.03K382.36K
Other Income/Expense-129.27K-275.71K-488.47K-510.29K
Pretax Income+348.22K1.4M-3.13M-4.48M
Pretax Margin %0.02%0.04%-0.24%-0.48%
Income Tax+81K366.51K-1.12M-1.14M
Effective Tax Rate %0.77%0.74%0.64%0.74%
Net Income+267.22K1.03M-2.01M-3.34M
Net Margin %0.02%0.03%-0.15%-0.35%
Net Income Growth %-2.85%-2.96%-0.66%
Net Income (Continuing)267.22K1.03M-2.01M-3.34M
Discontinued Operations0000
Minority Interest0000
EPS (Diluted)+0.120.47-1.00-1.50
EPS Growth %-2.92%-3.13%-0.5%
EPS (Basic)0.120.47-1.00-1.50
Diluted Shares Outstanding2.2M2.2M2.06M2.2M
Basic Shares Outstanding2.2M2.2M2.06M2.2M
Dividend Payout Ratio0.94%0.07%--

Balance Sheet

Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+8.96M14.62M13.12M8.58M
Cash & Short-Term Investments616.45K502.58K2.66M2.44M
Cash Only616.45K502.58K620.53K2.38M
Short-Term Investments002.04M52.05K
Accounts Receivable3.17M3.28M3.82M3.17M
Days Sales Outstanding67.438.41106.47122.96
Inventory3.32M10.11M5.59M1.95M
Days Inventory Outstanding81.38138.96169.2978.46
Other Current Assets0000
Total Non-Current Assets+188.52K613.6K2.11M4.07M
Property, Plant & Equipment79.3K244.89K214.02K309.17K
Fixed Asset Turnover216.33x127.19x61.23x30.46x
Goodwill0000
Intangible Assets106.79K368.71K835.71K1.71M
Long-Term Investments0000
Other Non-Current Assets2.43K000
Total Assets+9.15M15.24M15.23M12.65M
Asset Turnover1.87x2.04x0.86x0.74x
Asset Growth %-0.67%-0%-0.17%
Total Current Liabilities+8.17M10.96M9.82M9.21M
Accounts Payable2.67M2.41M1.85M2.02M
Days Payables Outstanding65.533.1755.9981.39
Short-Term Debt4.21M8.01M3.9M4.46M
Deferred Revenue (Current)191.52K156.89K70.14K772.74K
Other Current Liabilities0000
Current Ratio1.10x1.33x1.34x0.93x
Quick Ratio0.69x0.41x0.77x0.72x
Cash Conversion Cycle83.27144.2219.77120.03
Total Non-Current Liabilities+595.91K363.39K145.58K811.77K
Long-Term Debt554.66K324.29K94.31K774.47K
Capital Lease Obligations41.24K39.1K18.49K3.96K
Deferred Tax Liabilities0032.78K33.34K
Other Non-Current Liabilities0000
Total Liabilities8.76M11.32M9.97M10.02M
Total Debt+4.82M8.43M4.05M5.27M
Net Debt4.2M7.93M3.43M2.89M
Debt / Equity12.43x2.15x0.77x2.01x
Debt / EBITDA9.71x4.92x--
Net Debt / EBITDA8.47x4.63x--
Interest Coverage3.45x5.41x-6.51x-10.39x
Total Equity+387.55K3.92M5.26M2.62M
Equity Growth %-9.1%0.34%-0.5%
Book Value per Share0.181.782.551.19
Total Shareholders' Equity387.55K3.92M5.26M2.62M
Common Stock4.29K2.5M2.75M2.75M
Retained Earnings267.22K1.03M-2.01M-5.35M
Treasury Stock0000
Accumulated OCI116.05K383.27K1.41M1.41M
Minority Interest0000

Cash Flow

Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+71.6K-5.65M182.84K986.95K
Operating CF Margin %0%-0.18%0.01%0.1%
Operating CF Growth %--79.86%1.03%4.4%
Net Income348.22K1.4M-3.13M-4.48M
Depreciation & Amortization18.89K42.28K127.93K123.07K
Stock-Based Compensation000103.81K
Deferred Taxes0000
Other Non-Cash Items157.65K20.08K399.13K336.82K
Working Capital Changes-453.16K-7.1M2.79M4.9M
Change in Receivables-1.8M-56.13K832.13K515.82K
Change in Inventory95.61K-6.78M4.21M3.44M
Change in Payables2.7M-718.8K-609.31K867.26K
Cash from Investing+-124.66K-395.06K-2.59M938.46K
Capital Expenditures-124.66K-395.06K-544.71K-126.59K
CapEx % of Revenue0.01%0.01%0.04%0.01%
Acquisitions----
Investments----
Other Investing00-2.04M1.07M
Cash from Financing+366.83K5.93M2.52M-161.31K
Debt Issued (Net)----
Equity Issued (Net)----
Dividends Paid-250K-72K00
Share Repurchases----
Other Financing-88.2K-34.82K3.57M-1.34M
Net Change in Cash----
Free Cash Flow+-53.06K-6.04M-361.86K-66.6K
FCF Margin %-0%-0.19%-0.03%-0.01%
FCF Growth %--112.88%0.94%0.82%
FCF per Share-0.02-2.74-0.18-0.03
FCF Conversion (FCF/Net Income)0.27x-5.49x-0.09x-0.30x
Interest Paid0000
Taxes Paid0000

Key Ratios

Metric2021202220232024
Return on Equity (ROE)68.95%47.8%-43.91%-84.68%
Return on Invested Capital (ROIC)7.8%15.25%-19.31%-41.97%
Gross Margin13.15%14.78%8.09%3.57%
Net Margin1.56%3.3%-15.37%-35.44%
Debt / Equity12.43x2.15x0.77x2.01x
Interest Coverage3.45x5.41x-6.51x-10.39x
FCF Conversion0.27x-5.49x-0.09x-0.30x
Revenue Growth-81.58%-57.93%-28.14%

Revenue by Geography

20232024
SPAIN10.89M7.4M
SPAIN Growth--32.05%

Frequently Asked Questions

Growth & Financials

Turbo Energy, S.A. American Depositary Shares (TURB) reported $9.4M in revenue for fiscal year 2024. This represents a 45% decrease from $17.2M in 2021.

Turbo Energy, S.A. American Depositary Shares (TURB) saw revenue decline by 28.1% over the past year.

Turbo Energy, S.A. American Depositary Shares (TURB) reported a net loss of $3.3M for fiscal year 2024.

Dividend & Returns

Turbo Energy, S.A. American Depositary Shares (TURB) has a return on equity (ROE) of -84.7%. Negative ROE indicates the company is unprofitable.

Turbo Energy, S.A. American Depositary Shares (TURB) had negative free cash flow of $0.1M in fiscal year 2024, likely due to heavy capital investments.

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