Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
123fahrschule SE is a German-based company specializing in the digitalization of driving school education. As an innovative player in the educational technology sector, the company leverages digital platforms to enhance the learning experience for driving students. The core objective of 123fahrschule SE is to simplify and improve the process of obtaining a driving license by offering online-based theoretical instruction and practice resources. This approach not only makes learning more accessible but also more efficient, catering to a wide range of learners. By operating primarily in Germany, 123fahrschule SE impacts the automotive and educational sectors, contributing to the growing trend of integrating technology into traditional learning environments. The company's market significance lies in its ability to adapt educational tools to meet the evolving demands of digital-native generations, thus highlighting the broader transition towards digital education. In a market increasingly driven by technology and convenience, 123fahrschule SE serves as a model for the future of how driving education, and potentially other forms of education, might be delivered.
The business is unprofitable at the operating level (-25.84% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 11.1%, still solid. Margins contracted 11.7pp, which offsets some of the top-line progress.
ROIC dropped from -15.67% to -42.68%, capital efficiency is deteriorating. Negative free cash flow of -€3M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€25M
▲ +11.1% YoY
Net Income (TTM)
-€7M
▲ +6.9% YoY
Op. Margin
-25.84%
▼ -11.7pp YoY
ROIC
-42.68%
▼ -27.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€3M
▼ -212.4% YoY
Op. Cash Flow (TTM)
-€652K
▼ -150.8% YoY
Net Debt
€6M
Cash & Equiv.
€409K
3Y CAGR: +14.5%
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