Turbo Energy, S.A. American Depositary Shares(TURB)Earnings, Financials & Key Ratios
TURB•NASDAQ
Price updated Jun 19, 2026
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 Margin3.57%-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%
TURB Key Insights
Turbo Energy, S.A. American Depositary Shares (TURB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Trading at only 1.0x book value
✗Weaknesses
- ✗High debt to equity ratio of 2.0x
- ✗Weak Piotroski F-Score: 2/9
- ✗Negative free cash flow
- ✗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.
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TURB Price & Volume
Turbo Energy, S.A. American Depositary Shares (TURB) stock price & volume — 10-year historical chart
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TURB Growth Metrics
Turbo Energy, S.A. American Depositary Shares (TURB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-18.12%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years-8.1%
5 Years-8.1%
3 Years-26.98%
Last Year-89.86%
TURB Peer Comparison
Turbo Energy, S.A. American Depositary Shares (TURB) competitors in Solar storage and off-grid solutions — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SHLS | 1.75B | 10.42 | 52.10 | 19.07% | 6.27% | 5.67% | 0.29 | |
 SPWR | 127.72M | 0.78 | -11.66 | 2.92% | -8.66% | |||
 ENPH | 6.89B | 52.28 | 40.53 | 10.72% | 9.64% | 13.28% | 1.14 | |
 SEDG | 3.53B | 58.05 | -8.41 | 31.39% | -28.56% | -79.58% | 0.99 | |
 PSHG | 66.08M | 1.68 | 1.31 | -3.74% | 59.37% | 15.9% | 0.69 | |
 RUN | 3.23B | 13.52 | 7.91 | 45.11% | 17.9% | 12.42% | 2.99 | |
 STEM | 70.03M | 8.22 | -0.90 | 8.08% | 93.33% | |||
 BLDP | 1.31B | 4.37 | -14.57 | 45.04% | -91.49% | -14.63% | 0.04 |
Compare TURB vs Peers
Turbo Energy, S.A. American Depositary Shares (TURB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TURB Income Statement
Turbo Energy, S.A. American Depositary Shares (TURB) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
Sales/Revenue | 17.15M | 31.15M | 13.1M | 9.42M | 28.81M |
Revenue Growth % | - | 81.58% | -57.93% | -28.14% | - |
Cost of Goods Sold | 14.9M | 26.55M | 12.04M | 9.08M | 27.26M |
COGS % of Revenue | 86.85% | 85.22% | 91.91% | 96.43% | - |
Gross Profit | 2.26M▲ 0% | 4.6M▲ 104.1% | 1.06M▼ 77.0% | 336.28K▼ 68.3% | 1.54M▲ 0% |
Gross Margin % | 13.15% | 14.78% | 8.09% | 3.57% | 5.35% |
Gross Profit Growth % | - | 104.11% | -76.97% | -68.28% | - |
Operating Expenses | 1.78M | 2.93M | 3.7M | 4.31M | 3.54M |
OpEx % of Revenue | 10.36% | 9.41% | 28.25% | 45.74% | - |
Selling, General & Admin | 1.64M | 2.85M | 3.27M | 4.03M | 3.54M |
SG&A % of Revenue | 9.54% | 9.15% | 24.95% | 42.82% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - |
Other Operating Expenses | 140.57K | 80.93K | 433.57K | 274.93K | 0 |
Operating Income | 477.5K▲ 0% | 1.67M▲ 249.9% | -2.64M▼ 258.1% | -3.97M▼ 50.3% | -2M▲ 0% |
Operating Margin % | 2.78% | 5.36% | -20.16% | -42.17% | -6.93% |
Operating Income Growth % | - | 249.91% | -258.14% | -50.31% | - |
EBITDA | 496.38K | 1.71M | -2.51M | -3.85M | -1.9M |
EBITDA Margin % | 2.89% | 5.5% | -19.19% | -40.87% | -6.6% |
EBITDA Growth % | - | 245.11% | -246.77% | -53.06% | - |
D&A (Non-Cash Add-back) | 18.89K | 42.28K | 127.93K | 123.07K | 95.83K |
EBIT | 486.43K | 1.7M | -2.72M | -4.1M | -2.25M |
Net Interest Income | -138.21K | -308.98K | -405.59K | -319.24K | -211.75K |
Interest Income | 0 | 0 | 444 | 63.12K | 55.19K |
Interest Expense | 138.21K | 308.98K | 406.03K | 382.36K | 242.61K |
Other Income/Expense | -129.27K | -275.71K | -488.47K | -510.29K | -708.75K |
Pretax Income | 348.22K▲ 0% | 1.4M▲ 300.6% | -3.13M▼ 324.4% | -4.48M▼ 43.2% | -2.77M▲ 0% |
Pretax Margin % | 2.03% | 4.48% | -23.89% | -47.59% | -9.63% |
Income Tax | 81K | 366.51K | -1.12M | -1.14M | -972.89K |
Effective Tax Rate % | 23.26% | 26.27% | 35.67% | 25.54% | 35.08% |
Net Income | 267.22K▲ 0% | 1.03M▲ 284.9% | -2.01M▼ 295.8% | -3.34M▼ 65.7% | -1.67M▲ 0% |
Net Margin % | 1.56% | 3.3% | -15.37% | -35.44% | -5.8% |
Net Income Growth % | - | 284.92% | -295.78% | -65.71% | - |
Net Income (Continuing) | 267.22K | 1.03M | -2.01M | -3.34M | -1.84M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 0.12▲ 0% | 0.47▲ 291.7% | -1.00▼ 312.8% | -1.50▼ 50.0% | -▲ 0% |
EPS Growth % | - | 291.67% | -312.77% | -50% | - |
EPS (Basic) | 0.12 | 0.47 | -1.00 | -1.50 | - |
Diluted Shares Outstanding | 2.2M | 2.2M | 2.06M | 2.2M | 2.2M |
Basic Shares Outstanding | 2.2M | 2.2M | 2.06M | 2.2M | 2.2M |
Dividend Payout Ratio | 93.56% | 7% | - | - | - |
TURB Balance Sheet
Turbo Energy, S.A. American Depositary Shares (TURB) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
Total Current Assets | 8.96M | 14.62M | 13.12M | 8.58M | 13.12M |
Cash & Short-Term Investments | 616.45K | 502.58K | 2.66M | 2.44M | 2.66M |
Cash Only | 616.45K | 502.58K | 620.53K | 2.38M | 620.53K |
Short-Term Investments | 0 | 0 | 2.04M | 52.05K | 2.04M |
Accounts Receivable | 3.17M | 3.28M | 3.82M | 3.17M | 3.82M |
Days Sales Outstanding | 67.4 | 38.41 | 106.47 | 122.96 | 37.64 |
Inventory | 3.32M | 10.11M | 5.59M | 1.95M | 5.59M |
Days Inventory Outstanding | 81.38 | 138.96 | 169.29 | 78.46 | 109.04 |
Other Current Assets | 0 | 0 | 0 | 0 | 0 |
Total Non-Current Assets | 188.52K | 613.6K | 2.11M | 4.07M | 2.11M |
Property, Plant & Equipment | 79.3K | 244.89K | 214.02K | 309.17K | 214.02K |
Fixed Asset Turnover | 216.33x | 127.19x | 61.23x | 30.46x | 126.19x |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 106.79K | 368.71K | 835.71K | 1.71M | 835.71K |
Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets | 2.43K | 0 | 0 | 0 | 0 |
Total Assets | 9.15M▲ 0% | 15.24M▲ 66.5% | 15.23M▼ 0.1% | 12.65M▼ 16.9% | 15.23M▲ 0% |
Asset Turnover | 1.87x | 2.04x | 0.86x | 0.74x | 1.98x |
Asset Growth % | - | 66.52% | -0.06% | -16.94% | -0.06% |
Total Current Liabilities | 8.17M | 10.96M | 9.82M | 9.21M | 9.82M |
Accounts Payable | 2.67M | 2.41M | 1.85M | 2.02M | 1.85M |
Days Payables Outstanding | 65.5 | 33.17 | 55.99 | 81.39 | 28.37 |
Short-Term Debt | 4.21M | 8.01M | 3.9M | 4.46M | 3.9M |
Deferred Revenue (Current) | 191.52K | 156.89K | 70.14K | 772.74K | 227.03K |
Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
Current Ratio | 1.10x | 1.33x | 1.34x | 0.93x | 1.34x |
Quick Ratio | 0.69x | 0.41x | 0.77x | 0.72x | 0.77x |
Cash Conversion Cycle | 83.27 | 144.2 | 219.77 | 120.03 | 118.31 |
Total Non-Current Liabilities | 595.91K | 363.39K | 145.58K | 811.77K | 145.58K |
Long-Term Debt | 554.66K | 324.29K | 94.31K | 774.47K | 94.31K |
Capital Lease Obligations | 41.24K | 39.1K | 18.49K | 3.96K | 71.58K |
Deferred Tax Liabilities | 0 | 0 | 32.78K | 33.34K | 32.78K |
Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
Total Liabilities | 8.76M | 11.32M | 9.97M | 10.02M | 9.97M |
Total Debt | 4.82M | 8.43M | 4.05M | 5.27M | 4.05M |
Net Debt | 4.2M | 7.93M | 3.43M | 2.89M | 3.43M |
Debt / Equity | 12.43x | 2.15x | 0.77x | 2.01x | 0.77x |
Debt / EBITDA | 9.71x | 4.92x | - | - | -2.13x |
Net Debt / EBITDA | 8.47x | 4.63x | - | - | -1.80x |
Interest Coverage | 3.45x | 5.41x | -6.51x | -10.39x | -9.26x |
Total Equity | 387.55K▲ 0% | 3.92M▲ 910.5% | 5.26M▲ 34.2% | 2.62M▼ 50.1% | 5.26M▲ 0% |
Equity Growth % | - | 910.48% | 34.24% | -50.09% | 34.24% |
Book Value per Share | 0.18 | 1.78 | 2.55 | 1.19 | 2.39 |
Total Shareholders' Equity | 387.55K | 3.92M | 5.26M | 2.62M | 5.26M |
Common Stock | 4.29K | 2.5M | 2.75M | 2.75M | 2.75M |
Retained Earnings | 267.22K | 1.03M | -2.01M | -5.35M | -2.01M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | 116.05K | 383.27K | 1.41M | 1.41M | 1.41M |
Minority Interest | 0 | 0 | 0 | 0 | 0 |
TURB Cash Flow Statement
Turbo Energy, S.A. American Depositary Shares (TURB) cash flow — operating, investing & free cash flow history
| Metric | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
Cash from Operations | 71.6K | -5.65M | 182.84K | 986.95K | -2.41M |
Operating CF Margin % | 0.42% | -18.13% | 1.4% | 10.48% | - |
Operating CF Growth % | - | -7986.48% | 103.24% | 439.77% | 71.06% |
Net Income | 348.22K | 1.4M | -3.13M | -4.48M | -1.67M |
Depreciation & Amortization | 18.89K | 42.28K | 127.93K | 123.07K | 156.92K |
Stock-Based Compensation | 0 | 0 | 0 | 103.81K | 65.43K |
Deferred Taxes | 0 | 0 | 0 | 0 | 80.99K |
Other Non-Cash Items | 157.65K | 20.08K | 399.13K | 336.82K | 3.96M |
Working Capital Changes | -453.16K | -7.1M | 2.79M | 4.9M | -279.04K |
Change in Receivables | -1.8M | -56.13K | 832.13K | 515.82K | -494.7K |
Change in Inventory | 95.61K | -6.78M | 4.21M | 3.44M | -2.16M |
Change in Payables | 2.7M | -718.8K | -609.31K | 867.26K | -1.03M |
Cash from Investing | -124.66K | -395.06K | -2.59M | 938.46K | -2.88M |
Capital Expenditures | -124.66K | -395.06K | -544.71K | -126.59K | -875.76K |
CapEx % of Revenue | 0.73% | 1.27% | 4.16% | 1.34% | 3.04% |
Acquisitions | 0 | 0 | 0 | 0 | 0 |
Investments | - | - | - | - | - |
Other Investing | 0 | 0 | -2.04M | 1.07M | -941.34K |
Cash from Financing | 366.83K | 5.93M | 2.52M | -161.31K | 5.5M |
Debt Issued (Net) | 705.02K | 3.54M | -4.41M | 1.18M | 0 |
Equity Issued (Net) | 0 | 1000K | 1000K | 0 | 0 |
Dividends Paid | -250K | -72K | 0 | 0 | -5.29K |
Share Repurchases | 0 | 0 | 0 | 0 | 0 |
Other Financing | -88.2K | -34.82K | 3.57M | -1.34M | 3.82M |
Net Change in Cash | 313.77K▲ 0% | -113.86K▼ 136.3% | 117.95K▲ 203.6% | 1.76M▲ 1395.7% | -3.06M▲ 0% |
Free Cash Flow | -53.06K▲ 0% | -6.04M▼ 11288.1% | -361.86K▲ 94.0% | -66.6K▲ 81.6% | -3.29M▲ 0% |
FCF Margin % | -0.31% | -19.4% | -2.76% | -0.71% | -11.42% |
FCF Growth % | - | -11288.14% | 94.01% | 81.6% | - |
FCF per Share | -0.02 | -2.74 | -0.18 | -0.03 | -1.49 |
FCF Conversion (FCF/Net Income) | 0.27x | -5.49x | -0.09x | -0.30x | 1.97x |
Interest Paid | 0 | 0 | 0 | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 |
TURB Key Ratios
Turbo Energy, S.A. American Depositary Shares (TURB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
Return on Equity (ROE) | 47.8% | -43.91% | -84.68% | -40.45% |
Return on Invested Capital (ROIC) | 15.25% | -19.31% | -41.97% | -16.55% |
Gross Margin | 14.78% | 8.09% | 3.57% | 5.35% |
Net Margin | 3.3% | -15.37% | -35.44% | -5.8% |
Debt / Equity | 2.15x | 0.77x | 2.01x | 0.77x |
Interest Coverage | 5.41x | -6.51x | -10.39x | -9.26x |
FCF Conversion | -5.49x | -0.09x | -0.30x | 1.97x |
Revenue Growth | 81.58% | -57.93% | -28.14% | - |
Related:TURB Dividend History·TURB Revenue History·TURB Price History·TURB P/E History·TURB Financial Ratios·TURB Institutional Holders
TURB Frequently Asked Questions
Turbo Energy, S.A. American Depositary Shares (TURB) stock FAQ — growth, dividends, profitability & financials explained
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.