)
Canatu (CANATU) investor relations material
Canatu H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for 2025 declined 29.2% year-over-year to EUR 15.6 million, mainly due to delayed reactor orders and slower customer approvals.
Gross margin improved to 72.5% from 62.5% year-over-year, reflecting a higher share of licensing revenue.
Automotive segment revenue more than doubled, driven by strategic partnership with DENSO and growth in battery electric vehicle and sensor applications.
Significant investments were made in medical diagnostics, personnel, R&D, and manufacturing capacity, including a new factory and expanded team.
The first CNT100 SEMI reactor was licensed and shipped to FST, enabling mass production of CNT pellicle membranes.
Financial highlights
Revenue: EUR 15.6 million (down 29.2% year-over-year); gross profit: EUR 11.3 million; gross margin: 72.5%.
Adjusted EBIT: EUR -10.2 million (margin -65.3%), reflecting lower revenue and increased operating expenses.
Cash and cash equivalents: EUR 22.1 million; net debt: EUR -89.9 million; equity ratio: 93.2%.
Capital expenditure stable at EUR 5.0 million for the year, focused on patents, machinery, and new factory development.
Over 90% of revenue from five main customers.
Outlook and guidance
No specific numerical guidance for 2026 due to ongoing customer negotiations, strategy update, and market volatility.
Long-term financial targets for 2027 (EUR 100 million revenue, >30% EBIT margin) withdrawn; new targets to be announced at Capital Markets Day or before March 2026.
Key 2026 operational targets include completing customer approval for a second foundry reactor, selling at least one new CNT100 reactor, starting mass production of ADAS camera heaters, and advancing medical diagnostics prototypes.
Next Canatu earnings date
Next Canatu earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)