SCHMID Group N.V.SHMD

NasdaqIndustrialsMisc Industrial & Commercial Machinery & Equipment
Price (close)
$3.62
Market cap
$241.2M
P/E
—
Revenue (FY)
$60.8M
Net income
-$84.1M
Dividend yield
—
1-year total return
22.7%
Net margin
-138.3%
Revenue growth
-32.6%
Debt / equity
—

What SCHMID Group N.V. does.

We are a global supplier of equipment, software and services for various industries such as printed circuit board (“ PCB ”), substrate manufacturing, glass and photovoltaics with a focus on the highest end of these markets in terms of technology and performance. We are a long-established, fifth- generation family-controlled business that was founded in 1864 in Freudenstadt, Germany as an iron foundry and has a tradition of being at the forefront of technology. Throughout the more than 160 years of our operations, we have maintained sustainable operations by developing our products following trends on the market. We have been developing machines for the electronics industry since the 1960s and photovoltaics solutions since the early 2000s. We focus on a modular product portfolio of machinery to use in the manufacturing of high-end PCB equipment and semiconductor packaging devices which includes common flexible circuit fabrication techniques such as subtractive, semi-additive processes (“ SAP ”) and modified semi additive processes (“ mSAP ”). We are a global supplier of capital equipment, software and services for the PCB and substrate manufacturing industry. We focus on the highest end of the market in terms of technology and performance. We do not only develop production techniques and build machines ourselves; we are also extensively working with our customers on joint research & development projects for the next generation of electronics products. We produce our products in two manufacturing sites, one in Germany and one in China. In addition, we have built an extensive service and sales network in six centers in the US, Europe, and Asia. In addition to our sale and service centers and two manufacturing sites, in South Korea we also work with our partners in SCHMID Avaco Korea, Co. Ltd. which we account for using the equity method. We also provide customer service through which we assist our customers with machinery and software upgrades, spare parts, logistics, customer training in multiple languages, on-site management, maintenance contracts, and project management.

Revenue and profit, by fiscal year.

Fiscal year20202021202220232024
Revenue—$39.5M$95.1M$90.2M$60.8M
Net income—-$24.5M$1.6M$36.9M-$84.1M

More on SHMD.

Figures from SCHMID Group N.V.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.