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SCHMID Group N.V. Class A Ordinary Shares

SHMD

SCHMID Group N.V. Class A Ordinary Shares • NASDAQ
$4.87 ▲ 5.64% (+0.26)
Market Cap $209.48 M
52w High $6.70
52w Low $1.86
Dividend Yield 0%
P/E -2.43
Volume 53.59K
Outstanding Shares 43.01M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2024 $14.85M ▼ $37.88M ▲ $-37.466M ▼ -252.296% ▼ $-0.99 ▼ $-34.519M ▼
Q4-2023 $49.785M ▲ $11.109K ▼ $1.523M ▲ 3.059% ▲ $0.04 ▲ $4.09M ▲
Q2-2023 $0 $4.244M ▲ $-3.576M ▼ 0% $-0.127 ▼ $-3.576M ▼
Q4-2022 $0 $331.256K ▼ $4.945M ▲ 0% $0.17 ▲ $4.945M ▲
Q2-2022 $0 $451.939K $521.131K 0% $0.018 $521.131K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2024 $3.011M ▼ $113.772M ▲ $167.945M ▲ $-54.827M ▼
Q4-2023 $5.71M ▲ $106.582M ▲ $124.422M ▲ $-25.198M ▼
Q2-2023 $444.059K ▼ $77.453M ▼ $17.69M ▲ $59.763M ▼
Q2-2022 $560.5K ▲ $218.459M ▲ $15.878M ▲ $202.581M ▲
Q2-2021 $0 $211.545K $198.742K $12.803K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2024 $-74.932K ▲ $0 ▼ $0 ▼ $0 ▲ $0 ▲ $0 ▼
Q4-2023 $-541.64K ▲ $466.928K ▼ $21.076M ▲ $-21.627M ▼ $-83.888K ▼ $466.928K ▼
Q2-2023 $-1.788M ▼ $1.275M ▲ $-3.517M ▼ $3.081M ▲ $839.165K ▲ $1.275M ▲
Q4-2022 $4.945M ▲ $-87.201K ▲ $0 $0 $-87.201K ▲ $-87.201K ▲
Q2-2022 $521.132K $-96.902K $0 $0 $-96.902K $-96.902K

Five-Year Company Overview

Income Statement

Income Statement SCHMID looks like a small but improving business from an earnings point of view. Sales are still modest, but the company is already generating a positive gross margin, which means its technology and equipment can be priced above production costs. Over the last three years, the firm appears to have moved from small losses to small profits at the operating and net income level. That suggests decent cost control and some operating leverage, even on a limited revenue base. However, because the scale is still low, results are likely sensitive to a handful of projects or large orders, and one weak year could easily swing the company back into loss-making territory.

Balance Sheet

Balance Sheet The balance sheet shows a company with meaningful leverage and limited financial cushion. Total assets are modest, cash on hand has been very thin, and debt makes up a significant share of the capital structure. Equity has swung between negative and positive over recent years, which typically signals recapitalizations, accumulated past losses, or write-downs. Negative equity in particular points to a fragile financial foundation. Overall, SCHMID appears dependent on lenders and, after its listing, potentially on new equity infusions to support growth and absorb shocks. The balance sheet is a clear area of risk to monitor.

Cash Flow

Cash Flow Cash generation is roughly at break-even, with operating cash flow only slightly positive. That means day-to-day operations are more or less funding themselves, but there is very little buffer for unexpected disruptions, delayed projects, or working capital swings. Free cash flow has hovered around zero, with ongoing but relatively modest investment in equipment and development. This pattern is typical for an engineering and machinery business that is still ramping and investing for growth. The flip side is that any downturn in orders or delays in customer payments could quickly push cash flow into the red, especially given the limited cash reserves on the balance sheet.

Competitive Edge

Competitive Edge Competitively, SCHMID is positioned as a specialized, high-end equipment and solutions provider rather than a volume machinery player. Its strength lies in deep process know‑how, the ability to deliver complete production lines, and long-standing relationships in electronics, photovoltaics, and energy storage. A very long operating history, extensive patent portfolio, and “one‑stop‑shop” capability create switching costs for customers and a real barrier to entry for smaller rivals. However, the company still operates in highly cyclical, capital‑intensive markets where large, well‑funded competitors—especially in Asia and the U.S.—are active. Project concentration, long sales cycles, and exposure to broader investment trends in semiconductors, solar, and grid storage are structural risks to its competitive position.

Innovation and R&D

Innovation and R&D Innovation is clearly the core of SCHMID’s identity. The company invests heavily in research and development, holds a large patent portfolio, and employs a sizable team of scientists and engineers. Its technologies in advanced chip packaging, ultra‑fine PCB manufacturing, solar cell processing, and vanadium redox flow batteries position it squarely in long‑term growth areas like AI infrastructure, renewable power, and grid‑scale storage. Key differentiators include mastery of glass‑core substrates and embedded trace for miniaturized, high‑performance electronics; turnkey solar manufacturing lines; and its EverFlow battery platform, which targets safer, longer‑life storage than common lithium systems. The opportunity is significant if these technologies achieve broad adoption, but there is also notable execution risk—SCHMID must scale production, validate performance and economics at customer sites, and keep pace with rapid innovation from larger industry players.

Summary

SCHMID Group combines a long industrial heritage with a modern, innovation‑driven portfolio in some of the most dynamic areas of manufacturing: AI‑related electronics, photovoltaics, and energy storage. Its income statement shows a move into profitability on a small revenue base, supported by healthy gross margins and improving operating performance. At the same time, the financial structure is a concern. The company carries meaningful debt, has had periods of negative equity, and runs with a thin cash buffer and only marginally positive cash flow. That leaves little room for operational missteps or macro slowdowns. Strategically, SCHMID’s competitive edge comes from deep process knowledge, customized high‑tech solutions, and the ability to deliver complete factories, underpinned by substantial intellectual property. Its R&D engine and focus on next‑generation electronics, solar, and flow batteries give it real optionality for future growth. Overall, SCHMID is an innovation‑rich, niche industrial player with promising technology and exposure to powerful structural trends, but it is also financially stretched and operationally sensitive, especially in the early years following its reverse‑merger listing. The balance between these strengths and risks is central to any assessment of the company’s future trajectory.

NEWS

November 20, 2025 · 6:36 PM UTC

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SCHMID Group N.V. - SHMD

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November 18, 2025 · 8:00 AM UTC

SCHMID wins Innovation Award productronica 2025 for InfinityLine L+

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November 17, 2025 · 12:40 PM UTC

SCHMID's update on positive developments in the market leading to a positive outlook for 2026, while 2025 and 2024 remain transition years below expectations

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November 17, 2025 · 11:55 AM UTC

SCHMID Group N.V. Receives Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

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October 22, 2025 · 7:31 AM UTC

SCHMID Group secures Major Orders for AI Server PCB Production Equipment

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