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.
Brockhaus Technologies AG is a German technology holding company headquartered in Frankfurt am Main, founded in 2017. It focuses on acquiring majority stakes in high-margin, fast-growing technology champions from the German Mittelstand, particularly in sectors like financial technology, security technologies, HR benefits, and mobility. The company actively manages its portfolio, delivering operational expertise, strategic guidance, and international networks to optimize structures, enable add-on acquisitions, and drive market expansion. Key subsidiaries include Bikeleasing, a digital B2B platform for employee bike leasing and multi-benefit services reaching over 78,000 companies and 3.9 million employees, and IHSE, specializing in secure KVM solutions with NATO certification. In 2024, it achieved preliminary revenue of €205 million, with the HR Benefit & Mobility segment growing 18% to €173 million. Brockhaus Technologies AG distinguishes itself through hands-on support in B2B software, e-commerce, and healthcare technology, fostering long-term value creation for subsidiaries and stakeholders in the dynamic European tech landscape. With around 562 employees, it positions itself as a long-term oriented group elevating innovation leaders across borders.
14.13% operating margin is respectable but not wide. ROIC at 4.29%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 9.5%, steady but not accelerating. Margins contracted 8.8pp, which offsets some of the top-line progress.
Net debt of €197M represents 5.7x FCF, leverage limits flexibility. Operating margin contracted 8.8pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (FY)
€204M
▲ +9.5% YoY
Net Income (FY)
-€44M
▼ -575.7% YoY
Op. Margin
14.13%
▼ -8.8pp YoY
ROIC
4.29%
▲ +0.5pp YoY
Cash Flow & Balance Sheet
FCF (FY)
€35M
▲ +15.1% YoY
Op. Cash Flow (FY)
€36M
▼ -3.3% YoY
Net Debt
€197M
Cash & Equiv.
€61M
3Y CAGR: +73.6%
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