XPARBLV
Market cap1.50bUSD
Dec 23, Last price
14.30EUR
1D
-0.42%
1Q
-4.92%
IPO
-17.34%
Name
Believe SA
Chart & Performance
P/E
—
P/S
1.63
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
58.23%
Rev. gr., 5y
29.90%
Revenues
880m
+15.71%
Net income
-5m
L-78.05%
CFO
13m
-82.75%
Earnings
Mar 13, 2025
Profile
Believe S.A. provides music distribution and marketing services for artists and labels worldwide. The company's physical and digital distribution services include a range of digital music services and video streaming, as well as a network of physical distribution partners. It also provides trade marketing, video, sync, and additional services; and technology and analytics for clients to manage and promote their catalog. Believe S.A. was incorporated in 2005 and is headquartered in Paris, France.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | |||||||
Revenues | 880,312 15.71% | 760,805 31.82% | 577,152 30.75% | ||||
Cost of revenue | 899,791 | 779,416 | 591,761 | ||||
Unusual Expense (Income) | |||||||
NOPBT | (19,479) | (18,611) | (14,609) | ||||
NOPBT Margin | |||||||
Operating Taxes | (4,865) | 11,089 | 2,497 | ||||
Tax Rate | |||||||
NOPAT | (14,614) | (29,700) | (17,106) | ||||
Net income | (5,482) -78.05% | (24,970) -12.80% | (28,636) 8.94% | ||||
Dividends | |||||||
Dividend yield | |||||||
Proceeds from repurchase of equity | 1,620 | 3,744 | 293,254 | ||||
BB yield | -0.16% | -0.40% | -18.07% | ||||
| Debt | |||||||
Debt current | 10,348 | 12,434 | 7,496 | ||||
Long-term debt | 51,660 | 49,267 | 55,506 | ||||
Deferred revenue | 1,000 | 492 | 17,220 | ||||
Other long-term liabilities | 16,884 | 19,824 | (881) | ||||
Net debt | (203,570) | (298,845) | (252,254) | ||||
| Cash flow | |||||||
Cash from operating activities | 12,709 | 73,655 | (7,670) | ||||
CAPEX | (49,217) | (25,450) | (26,699) | ||||
Cash from investing activities | (86,890) | (38,288) | (74,271) | ||||
Cash from financing activities | (5,039) | (2,605) | 190,796 | ||||
FCF | 70,177 | (25,573) | (15,968) | ||||
| Balance | |||||||
Cash | 215,575 | 304,292 | 262,731 | ||||
Long term investments | 50,003 | 56,254 | 52,525 | ||||
Excess cash | 221,562 | 322,506 | 286,398 | ||||
Stockholders' equity | (90,013) | (82,495) | (59,871) | ||||
Invested Capital | 517,962 | 489,487 | 490,707 | ||||
ROIC | |||||||
ROCE | |||||||
| EV | |||||||
Common stock shares outstanding | 96,819 | 96,092 | 96,054 | ||||
Price | 10.50 8.30% | 9.70 -42.63% | 16.90 | ||||
Market cap | 1,016,599 9.12% | 931,613 -42.60% | 1,623,124 | ||||
EV | 821,471 | 641,719 | 1,373,811 | ||||
EBITDA | 41,822 | 26,246 | 19,091 | ||||
EV/EBITDA | 19.64 | 24.45 | 71.96 | ||||
Interest | 1,985 | 1,136 | 1,545 | ||||
Interest/NOPBT | |||||||