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.
Klarsen is an automotive company specializing in the design and production of electric vehicles (EVs). It focuses primarily on creating sustainable transportation solutions to reduce emissions and reliance on fossil fuels. Klarsen's product lineup includes a range of electric cars, from compact city models to larger sedans and SUVs, designed to cater to a diverse customer base seeking environmentally friendly alternatives. The company actively invests in research and development to enhance battery technology and driving range, positioning itself as a key player in the growing EV market. In addition to vehicle manufacturing, Klarsen is involved in the development of charging infrastructure and energy storage solutions, partnering with municipalities and utility companies to expand the availability of electric vehicle charging stations. This interdisciplinary approach not only promotes the adoption of EVs but also supports broader initiatives toward sustainable energy consumption. With its emphasis on innovation and sustainability, Klarsen plays a significant role in transforming the automotive industry, stimulating advancements in green technology, and contributing to environmental objectives aligned with global emission reduction targets.
The business is unprofitable at the operating level (-3.90% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 26.2%, still solid. Margins contracted 15.1pp, which offsets some of the top-line progress.
ROIC dropped from 43.19% to -10.30%, capital efficiency is deteriorating. Negative free cash flow of -€375K. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€6M
▲ +26.2% YoY
Net Income (TTM)
-€45K
▼ -101.6% YoY
Op. Margin
-3.90%
▼ -15.1pp YoY
ROIC
-10.30%
▼ -53.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€375K
▼ -40.5% YoY
Op. Cash Flow (TTM)
-€45K
▼ -101.6% YoY
Net Debt
€228K
Cash & Equiv.
€118K
3Y CAGR: +50.7%
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