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.
Cabasse S.A. is a distinguished player in the audio technology and home entertainment industry. Founded with a focus on crafting high-fidelity audio solutions, Cabasse S.A. specializes in designing, engineering, and manufacturing premium audio systems. These systems are renowned for their cutting-edge acoustics and innovative design, enhancing the listening experience for audiophiles and casual listeners alike. The company's product portfolio includes a range of speakers, from in-wall and on-wall installations to wireless solutions, catering to both residential and commercial markets. By integrating advanced technologies and maintaining a commitment to superior sound quality, Cabasse S.A. differentiates itself within the competitive landscape of audio equipment manufacturers. Its dedication to sound innovation and aesthetic design has earned it a solid reputation, contributing to its significance in the high-end audio market. As part of the broader consumer electronics sector, Cabasse S.A.’s products are not only about sound delivery but also about creating immersive acoustic environments that elevate entertainment experiences.
The business is unprofitable at the operating level (-32.15% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 34.4% YoY. Margins deteriorated 19.3pp alongside, both lines moving the wrong way.
Free cash flow declined 720% versus the prior year, cash generation momentum has weakened. ROIC dropped from -11.04% to -20.95%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€6M
▼ -34.4% YoY
Net Income (TTM)
-€3M
▼ -99.6% YoY
Op. Margin
-32.15%
▼ -19.3pp YoY
ROIC
-20.95%
▼ -9.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€124.00
▼ -720.0% YoY
Op. Cash Flow (TTM)
-€124.00
▼ -720.0% YoY
Net Debt
€7M
Cash & Equiv.
€104K
3Y CAGR: -19.9%
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