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Greece
In shortMig Ανωνυμος Εταιρεια Συμμετοχων is profitable, burns cash and carries moderate debt, with revenue growing (+11.1% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 11.7% | 56/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 73.4% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 5.1% | 26/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 0.5% | 3/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.86× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.66× | 75/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 63.69× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 0.32× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.49 | 10/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -17.9% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -0.24× | 0/100 |
| Years with positive free cash flow (last 5) | 2 of 5 | 25/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 5 | 40/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 4 | 17/100 |
| Revenue growth volatility | 51.1% | 0/100 |
| Operating margin volatility | 13.6% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -11.0% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 303 | 12 | 7.1 | 7.9 | 8.7 |
| Cost of revenue | 269 | 8.5 | 3.5 | 3.2 | 3.4 |
| Gross profit | 34 | 3.9 | 3.7 | 4.6 | 5.3 |
| Operating income | (14) | (3) | (1) | (0.1) | 1 |
| Interest expense | 43 | 21 | 25 | 13 | 3.2 |
| Pre-tax income | (0.1) | (12) | (22) | 4 | 6.4 |
| Income tax | 0.3 | 0.1 | 0 | 0 | 0 |
| Net income | (154) | (23) | (5.6) | 105 | 6.4 |
| Diluted EPS | −€0.03 | −€0.01 | −€0.01 | €0.48 | €0.00 |
1.49 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2024 · Data updated Dec 31, 2024