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Company price
None USD 0.00(0%)
Last update at 2025-04-24T13:00:29.282917Z
Market Cap
114.74M

Momentum Score

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Mynaric AG develops and manufactures laser communication products for aerospace-based communication networks for government and commercial markets in the United States and internationally. It operates through Air and Space segments. The company's laser communication technology provides long-distance data transmission between moving objects for wireless space, airborne, and terrestrial applications. It offers CONDOR, an optical inter-satellite link flight terminal for satellite-to-satellite communications in space; and HAWK, an airborne flight terminal for air-to-air and air-to-ground links of airborne vehicles. Its products provide wireless connectivity solutions to link satellites, high-altitude platforms, unmanned aerial vehicles, and aircraft. Mynaric AG was incorporated in 2009 and is headquartered in Munich, Germany.

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52 Week Price Range
3.01
Low
7.58
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
0.16
Dividend Yield
-
Revenue TTM
9.01M
Revenue Per Share
0.37
Gross Profit TTM
-8.69M
Debt / Equity
-1.79
ROE
-234.24%
Net Debt
64.10M
ROCE
-139.83%
Diluted EPS TTM
-4.17

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax -93.72M -73.76M -43.69M -20.64M -9.90M
Net income -93.53M -73.78M -45.48M -20.64M -9.90M
Selling general administrative 49.70M 50.03M 27.34M 19.69M 8.18M
Selling and marketing expenses 1.11M 2.28M 1.64M 0.45M 1.25M
Gross profit -55.09M -52.55M -30.97M -15.32M -2.78M
Reconciled depreciation 7.14M 7.99M 4.52M 2.02M 1.17M
Ebit -77.68M -74.64M -42.80M -20.67M -10.08M
Ebitda -70.53M -68.18M -38.28M -18.82M -9.68M
Depreciation and amortization 7.14M 6.46M 4.52M 1.84M 0.40M
Operating income -77.68M -74.64M -42.80M -20.67M -10.08M
Other operating expenses 83.07M 79.06M 45.15M 21.35M 15.87M
Interest expense 15.86M 2.63M 2.38M 1.05M 0.10M
Tax provision -0.55M -0.02M 1.79M -0.00M 0.16M
Interest income 0.33M 0.00M 0.00M 0.02M 0.11M
Net interest income -15.53M -2.54M -2.15M -1.11M 0.01M
Income tax expense -0.55M -0.02M 1.79M -0.00M 0.16M
Total revenue 5.39M 4.42M 2.35M 0.68M 0.11M
Total operating expenses 22.59M 22.08M 11.83M 5.34M 12.98M
Cost of revenue 60.48M 56.98M 33.32M 16.00M 2.89M
Total other income expense net -16.05M 0.87M -0.89M 0.03M 0.18M
Net income from continuing ops -93.53M -73.78M -45.48M -22.74M -7.83M
Net income applicable to common shares - - -45.37M -19.77M -9.90M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 130.44M 80.32M 108.03M 86.58M 34.54M
Intangible assets 13.34M 18.06M 19.97M 17.89M 10.22M
Other current assets 6.82M 0.43M 0.12M 0.12M 0.01M
Total liab 179.72M 52.53M 23.11M 15.87M 9.69M
Total stockholder equity -49.29M 27.79M 84.91M 70.71M 24.85M
Deferred long term liab - - 19.55M 17.80M 8.70M
Other current liab 11.20M 21.76M 7.40M 5.72M 0.01M
Common stock 6.23M 5.67M 5.24M 4.09M 2.90M
Capital stock 6.23M 5.67M 5.24M 4.09M 2.90M
Retained earnings -260.08M -166.55M -92.77M -46.11M -24.17M
Other liab - - 2.00M 0.17M 0.10M
Other assets - - 19.96M 18.15M 8.89M
Cash 23.96M 10.24M 48.14M 43.20M 8.91M
Total current liabilities 74.89M 43.21M 13.72M 8.89M 3.58M
Current deferred revenue 47.33M 15.37M 0.31M 0.30M 1.70M
Net debt 64.10M -1.30M -39.12M -35.24M -2.17M
Short term debt 8.73M 1.85M 1.64M 1.16M 0.66M
Short long term debt 3.29M - - - -
Short long term debt total 88.06M 8.94M 9.03M 7.96M 6.74M
Other stockholder equity 204.03M 189.27M 172.62M 112.42M 46.17M
Property plant equipment - - 25.59M 18.02M 10.65M
Total current assets 55.45M 30.37M 62.05M 50.32M 13.53M
Long term investments 0.00M 0.35M 0.00M - 0.00M
Net tangible assets - - 84.49M 70.62M 21.66M
Short term investments - 0.00M 0.05M 0.08M 0.77M
Net receivables 1.97M 3.31M 2.28M 1.49M 0.53M
Long term debt 59.50M - - - -
Inventory 22.70M 13.35M 8.40M 5.23M 2.88M
Accounts payable 7.63M 4.22M 4.38M 1.71M 1.21M
Accumulated other comprehensive income 0.53M -0.59M -0.18M 0.31M -0.05M
Non currrent assets other 1.20M 0.45M 0.41M 0.36M 0.23M
Non current assets total 74.99M 49.95M 45.98M 36.26M 21.01M
Capital lease obligations 25.27M 8.94M 9.03M 7.96M 6.74M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -4.59M -11.70M -10.96M -13.72M -6.53M
Change to liabilities - - 1.31M 3.63M 0.27M
Total cashflows from investing activities - - -10.96M -15.01M -7.17M
Net borrowings - - -1.06M 4.33M -0.44M
Total cash from financing activities 57.83M 22.21M 57.18M 66.81M 11.46M
Change to operating activities - - -2.25M 0.30M 0.10M
Net income -93.53M -73.78M -45.48M -20.64M -9.90M
Change in cash 13.72M -37.91M 4.95M 34.28M -4.01M
Begin period cash flow 10.24M 48.14M 43.20M 8.91M 12.92M
End period cash flow 23.96M 10.24M 48.14M 43.20M 8.91M
Total cash from operating activities -39.39M -50.46M -41.81M -17.41M -8.32M
Issuance of capital stock 12.77M 11.20M 58.24M 61.75M 10.42M
Depreciation 7.14M 6.46M 4.52M 1.84M 0.89M
Other cashflows from investing activities - - - 0.08M 0.01M
Dividends paid 0.00M 0.00M 0.00M 0.00M -
Change to inventory -9.38M -4.96M -3.17M -2.90M -0.98M
Change to account receivables 0.73M -1.12M 0.57M -0.59M 0.10M
Other cashflows from financing activities -7.22M 24.25M 7.50M 10.07M 1.48M
Change to netincome - - 5.08M 1.69M 1.15M
Capital expenditures 4.92M 11.30M 10.96M 15.01M 1.89M
Change in working capital 33.95M 9.35M -3.54M 0.18M -0.88M
Stock based compensation 3.97M 6.13M 1.94M 1.12M 0.11M
Other non cash items 30.06M 1.41M -1.04M 0.09M 0.69M
Free cash flow -44.31M -61.76M -52.77M -32.42M -10.21M

Peer Comparison*

Sector: Technology Industry: Communication Equipment

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
CSCO
Cisco Systems Inc
-1.62
1.69%
94.10 31.58 19.42 6.00 7.42 6.24 21.68
LITE
Lumentum Holdings Inc
30.30
5.94%
540.00 - 38.31 24.97 16.13 24.50 114.87
HPE
Hewlett Packard Enterprise Co
0.59
1.35%
44.76 28.51 12.20 1.77 2.80 2.11 13.02
CIEN
Ciena Corp
12.58
5.45%
243.39 322.25 111.11 13.97 25.62 14.02 141.08

Profile*

Mynaric AG ADR

Mynaric AG develops and manufactures laser communication products for aerospace-based communication networks for government and commercial markets in the United States and internationally. It operates through Air and Space segments. The company's laser communication technology provides long-distance data transmission between moving objects for wireless space, airborne, and terrestrial applications. It offers CONDOR, an optical inter-satellite link flight terminal for satellite-to-satellite communications in space; and HAWK, an airborne flight terminal for air-to-air and air-to-ground links of airborne vehicles. Its products provide wireless connectivity solutions to link satellites, high-altitude platforms, unmanned aerial vehicles, and aircraft. Mynaric AG was incorporated in 2009 and is headquartered in Munich, Germany.

Dornierstrasse 19, Gilching, Germany, 82205

49 8105 7999 0

Name Title Year Born
Mr. Emin Bulent Altan Chairman of the Management Board & CEO 1978
Mr. Joachim Horwath Founder, CTO & Member of Management Board 1974
Mr. Stefan Berndt-Von Bulow CFO & Member of Management Board 1976
Mr. Mustafa Veziroglu Pres & Member of Management Board NA
Tino Schuldt Chief Operating Officer NA
Mr. Sven Meyer-Brunswick Chief Corp. Devel. & Communications Program Officer NA
Ms. Tina Ghataore Chief Commercial Officer NA
Dr. Stefan Bindl Head of Engineering NA
Luis Martin-Navajas Chief Engineer NA
Mr. Mustafa Veziroglu Chairman of the Management Board & CEO NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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