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.
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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.
Estrima S.p.A. is an Italian company specializing in the research, development, design, production, and marketing of light electric quadricycles. Its primary product line features two-seater mini electric vehicles marketed under the Birò brand name, designed for urban mobility solutions. Estrima focuses on compact, environmentally friendly transportation options that cater to city dwellers seeking efficient and sustainable alternatives to traditional automobiles. By combining innovation in electric vehicle technology with a niche market emphasis, Estrima plays a role in advancing the adoption of micro-mobility and clean energy transport modes in Italy and potentially beyond.
The business is unprofitable at the operating level (-0.42% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 23.4% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 208% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -€2M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€26M
▼ -23.4% YoY
Net Income (TTM)
-€1M
▲ +35.0% YoY
Op. Margin
-0.42%
▲ +2.2pp YoY
ROIC
-0.61%
▲ +3.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€2M
▼ -208.2% YoY
Op. Cash Flow (TTM)
-€1M
▼ -124.1% YoY
Net Debt
€4M
Cash & Equiv.
€4M
3Y CAGR: -11.0%
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