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.
Arcure S.A. is a dynamic entity focused on developing and marketing Artificial Intelligence (AI)-enhanced vision systems primarily for the industrial sector. The company's flagship product, Blaxtair, is a sophisticated pedestrian detection system designed to enhance safety in work environments such as construction sites, warehouses, and manufacturing facilities. By leveraging cutting-edge AI and 3D technology, Blaxtair effectively distinguishes workers from obstacles, substantially reducing the risk of accidents involving heavy machinery. Arcure’s significant impact transcends numerous industries, including logistics, infrastructure, and energy, where safety and operational efficiency are paramount. Headquartered in France, Arcure S.A. is a notable player in the global industrial safety market, offering technologically advanced solutions that address the critical need for workplace safety improvements. Its products not only help in minimizing accidents but also contribute to operational sustainability by reducing downtime and enhancing overall productivity. Arcure S.A.'s focus on innovation positions it as a critical contributor in the integration of AI within industrial safety practices, reflecting its strategic importance in modernizing traditional sectors with smart technologies.
The business is unprofitable at the operating level (-20.50% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 32.5% YoY. Margins deteriorated 26.5pp alongside, both lines moving the wrong way.
ROIC dropped from 6.92% to -12.71%, capital efficiency is deteriorating. Net debt of €5M represents 6.6x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€13M
▼ -32.5% YoY
Net Income (TTM)
-€2M
▼ -235.1% YoY
Op. Margin
-20.50%
▼ -26.5pp YoY
ROIC
-12.71%
▼ -19.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€714K
▲ +148.7% YoY
Op. Cash Flow (TTM)
€3M
▲ +189.0% YoY
Net Debt
€5M
Cash & Equiv.
€3M
3Y CAGR: -1.1%
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