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.
Calibre SA is a French company specializing in the design, manufacturing, and distribution of replica dummy firearms and accessories. Its products cater primarily to video game enthusiasts, sport and outdoor shooting participants, collectors, and entities engaged in tactical training simulations. Calibre's product range includes full-scale replica weapons that shoot 6-mm plastic balls, as well as related accessories such as goggles, targets, BB pellets, gas reloads, optical sights, silencers, vests, and holsters. The company markets these items through wholesalers, specialty retailers such as gunsmiths and hunting shops, toy and video game stores, and retail chains. Calibre operates globally via subsidiaries including Cybergun USA, Softair USA Inc., and Cybergun Italy SRL. Headquartered in Suresnes, Ile-De-France, and employing around 191 staff, Calibre SA plays a distinctive role in the leisure products sector by serving recreational shooters and collectors with licensed, realistic replica firearms and tactical gear.
The business is unprofitable at the operating level (-23.98% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 3.9%, steady but not accelerating. Margins contracted 2.7pp, which offsets some of the top-line progress.
ROIC dropped from -19.47% to -36.06%, capital efficiency is deteriorating. Negative free cash flow of -€2M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€44M
▲ +3.9% YoY
Net Income (TTM)
-€25M
▼ -68.0% YoY
Op. Margin
-23.98%
▼ -2.7pp YoY
ROIC
-36.06%
▼ -16.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€2M
▼ -7.9% YoY
Op. Cash Flow (TTM)
€334K
▲ +130.2% YoY
Net Debt
€15M
Cash & Equiv.
€2M
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