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.
Europlasma S.A. is a French industrial technology company specializing in the development, construction, and operation of plasma torch systems primarily for waste treatment and environmental applications. Established in 1992 and based in Pessac, France, Europlasma delivers advanced plasma solutions that address hazardous gas and waste management challenges, including decarbonization processes transforming waste into solid recovered fuel. The company also provides specialized treatment solutions for hazardous waste and manufactures related forged parts and electronic components. Europlasma plays a significant role in the industrial sector by leveraging plasma technology to enhance environmental sustainability and energy recovery, with operations supported by a team of approximately 398 employees and an active commitment to innovation in waste-to-energy and pollution control technologies.
The business is unprofitable at the operating level (-61.51% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 175.5% YoY with margins expanding 68.0pp.
ROIC dropped from -118.88% to -156.28%, capital efficiency is deteriorating. Negative free cash flow of -€12M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€42M
▲ +175.5% YoY
Net Income (TTM)
-€16M
▼ -7.9% YoY
Op. Margin
-61.51%
▲ +68.0pp YoY
ROIC
-156.28%
▼ -37.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€12M
▼ -6.0% YoY
Op. Cash Flow (TTM)
-€11M
▼ -9.2% YoY
Net Debt
€12M
Cash & Equiv.
€2M
3Y CAGR: +63.0%
Continue Research