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.
Ekinops S.A. is a French technology company specializing in advanced optical transport and networking solutions for service providers and enterprises worldwide. Founded in 2003 and headquartered in Lannion, France, it delivers innovative products like the Ekinops360 platform, an optical transport and OTN switch solution that enables high-capacity, long-distance data transmission over fiber optic networks. The company also offers OneAccess for physical and virtualized access platforms in enterprise and edge networks, and Compose, a suite of software management tools that supports software-defined networking. These solutions address critical needs in optical access, IP networking, voice and data access, and software-defined services, powering data centers, cloud infrastructures, and broadband expansions including 5G. With approximately 591 employees led by CEO Didier Bredy, Ekinops S.A. plays a vital role in the telecommunications equipment sector, enhancing connectivity and driving digital transformation across industries such as government, large enterprises, and carriers.
The business is unprofitable at the operating level (-3.06% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 10.7% YoY. Margins deteriorated 7.8pp alongside, both lines moving the wrong way.
Free cash flow declined 135% versus the prior year, cash generation momentum has weakened. ROIC dropped from 2.94% to -1.78%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€105M
▼ -10.7% YoY
Net Income (TTM)
-€7M
▼ -3.9% YoY
Op. Margin
-3.06%
▼ -7.8pp YoY
ROIC
-1.78%
▼ -4.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€4M
▼ -135.5% YoY
Op. Cash Flow (TTM)
-€3M
▼ -113.8% YoY
Net Debt
€5M
Cash & Equiv.
€32M
3Y CAGR: -6.3%
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