Cash flow Liwe Española, S.A.

Equities

LIW

ES0158545030

Apparel & Accessories

Market Closed - BME Other stock markets 02:00:10 06/03/26 am AEDT			5-day change	1st Jan Change
10.10 ^EUR	0.00%		0.00%	-

03/03	Liwe says FY net loss at 34.0 million euros	RE
05/02	Spanish stocks - Factors to watch on Feb 5	RE

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Published financial data: LIWE ESPAÑOLA, S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	102M	126M	129M	128M	109M
Total Revenues	102M	126M	129M	128M	109M
Cost of Goods Sold, Total	44.49M	57.32M	57M	51.78M	58.81M
Gross Profit	57.24M	68.57M	72.42M	76.28M	50.38M
Selling General & Admin Expenses, Total	35M	34.24M	35.09M	37.34M	37.35M
Depreciation & Amortization - (IS)	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (IS)	22.84M	21.32M	20.75M	21.05M	20.27M
Other Operating Expenses	10.39M	5.72M	10.37M	10.95M	11.44M
Other Operating Expenses, Total	68.24M	61.28M	66.21M	69.34M	69.07M
Operating Income	-11M	7.29M	6.21M	6.94M	-18.69M
Interest Expense, Total	-6.96M	-6.1M	-6.2M	-8.04M	-7.58M
Interest And Investment Income	2.59K	986	55	1.33K	3.13K
Net Interest Expenses	-6.96M	-6.1M	-6.2M	-8.03M	-7.58M
Currency Exchange Gains (Loss)	161K	-817K	816K	1.68M	409K
Other Non Operating Income (Expenses)	-6.02M	4.91M	-411K	-3.27M	2.4M
EBT, Excl. Unusual Items	-23.81M	5.28M	424K	-2.69M	-23.46M
Gain (Loss) On Sale Of Investments	-7.62K	-	-	-	-
Gain (Loss) On Sale Of Assets	-834K	483K	-384K	-165K	890K
Asset Writedown	-307K	612K	515K	-56.56K	-1.73M
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-24.96M	6.38M	555K	-2.91M	-24.3M
Income Tax Expense	369K	1.07M	-45.47K	33.35K	467K
Earnings From Continuing Operations	-25.33M	5.31M	601K	-2.95M	-24.76M
Net Income to Company	-25.33M	5.31M	601K	-2.95M	-24.76M
Net Income - (IS)	-25.33M	5.31M	601K	-2.95M	-24.76M
Net Income to Common Incl Extra Items	-25.33M	5.31M	601K	-2.95M	-24.76M
Net Income to Common Excl. Extra Items	-25.33M	5.31M	601K	-2.95M	-24.76M
Per Share Items
Net EPS - Basic	-15.2	3.18	0.36	-1.77	-14.86
Basic EPS - Continuing Operations	-15.2	3.18	0.36	-1.77	-14.86
Basic Weighted Average Shares Outstanding	1.67M	1.67M	1.67M	1.67M	1.67M
Net EPS - Diluted	-15.2	3.18	0.36	-1.77	-14.86
Diluted EPS - Continuing Operations	-15.2	3.18	0.36	-1.77	-14.86
Diluted Weighted Average Shares Outstanding	1.67M	1.67M	1.67M	1.67M	1.67M
Normalized Basic EPS	-8.93	1.98	0.16	-1.01	-8.8
Normalized Diluted EPS	-8.93	1.98	0.16	-1.01	-8.8
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	-4.59M	13.29M	11.94M	12.6M	-12.99M
EBITA	-10.94M	7.29M	6.21M	6.94M	-18.69M
EBIT	-11M	7.29M	6.21M	6.94M	-18.69M
EBITDAR	-4.31M	13.5M	12.19M	12.85M	-12.66M
Effective Tax Rate - (Ratio)	-1.48	16.81	-8.19	-1.14	-1.92
Total Current Taxes	2.9K	645K	14.3K	-17.15K	8.71K
Total Deferred Taxes	366K	428K	-1.9K	50.5K	458K
Normalized Net Income	-14.88M	3.3M	265K	-1.68M	-14.66M
Interest on Long-Term Debt	5.77M	4.92M	4.61M	4.89M	4.48M
Supplemental Operating Expense Items
Advertising Expense	420K	215K	334K	614K	1.23M
Selling and Marketing Expenses	420K	215K	334K	614K	1.23M
Net Rental Expense, Total	275K	212K	249K	248K	330K
Imputed Operating Lease Interest Expense	96.52K	73.21K	91.28K	110K	146K
Imputed Operating Lease Depreciation	178K	138K	158K	138K	184K
Maintenance & Repair Expenses, Total	920K	4.02M	4.16M	4.29M	3.97M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	5.79M	10.14M	10.13M	3.24M	1.92M
Short Term Investments	6.03K	6.1K	106K	205K	106K
Total Cash And Short Term Investments	5.79M	10.15M	10.24M	3.44M	2.03M
Accounts Receivable, Total	1.45M	1.6M	1.47M	1.75M	741K
Other Receivables	655K	-	88.28K	177K	8.38K
Total Receivables	2.11M	1.6M	1.56M	1.93M	750K
Inventory	57.71M	41.72M	61.11M	67.57M	46.3M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	3.73M	2.38M	1.57M	839K	1.38M
Total Current Assets	69.34M	55.85M	74.48M	73.78M	50.45M
Gross Property Plant And Equipment	274M	272M	277M	288M	271M
Accumulated Depreciation	-161M	-173M	-181M	-186M	-193M
Net Property Plant And Equipment	113M	98.83M	95.05M	103M	77.71M
Other Intangibles, Total	339K	298K	425K	448K	282K
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	5.2M	4.51M	4.33M	4.15M	3.59M
Other Long-Term Assets, Total	5.55M	5.85M	7.41M	4.85M	4.19M
Total Assets	193M	165M	182M	186M	136M
Liabilities
Accounts Payable, Total	5.07M	3.35M	5.5M	4.72M	3.93M
Accrued Expenses, Total	3.21M	3.58M	3.59M	6.13M	4.36M
Short-term Borrowings	20.94M	12.39M	37.54M	29.76M	43.31M
Current Portion of Long-Term Debt	7.75M	10.67M	8.87M	14.84M	7.19M
Current Portion of Leases	17.21M	15M	14.95M	16.43M	14.35M
Current Income Taxes Payable	366	639K	11.9K	3.6K	4.72K
Other Current Liabilities	5.96M	1.5M	3.17M	2.43M	1.45M
Total Current Liabilities	60.14M	47.13M	73.64M	74.32M	74.59M
Long-Term Debt	32.73M	24.88M	15.97M	14.17M	7.18M
Long-Term Leases	74.68M	65.62M	64.45M	71.98M	54.52M
Deferred Tax Liability Non Current	1.09M	831K	646K	514K	415K
Other Non Current Liabilities	4.02M	859K	488K	1.39M	724K
Total Liabilities	173M	139M	155M	162M	137M
Common Stock, Total	5.25M	5.25M	5.25M	5.25M	5.25M
Retained Earnings	28.01M	14.48M	14.68M	-1.77M	-23.59M
Treasury Stock	-	-	-116K	-122K	-122K
Comprehensive Income and Other	-12.55M	6.29M	6.69M	20.19M	17.24M
Total Common Equity	20.71M	26.02M	26.5M	23.55M	-1.21M
Total Equity	20.71M	26.02M	26.5M	23.55M	-1.21M
Total Liabilities And Equity	193M	165M	182M	186M	136M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.67M	1.67M	1.65M	1.65M	1.65M
ECS Total Common Shares Outstanding	1.67M	-	1.65M	1.65M	1.65M
Book Value / Share	12.43	15.61	16.1	14.3	-0.74
Tangible Book Value	20.37M	25.72M	26.08M	23.1M	-1.5M
Tangible Book Value Per Share	12.22	15.43	15.84	14.03	-0.91
Total Debt	153M	129M	142M	147M	127M
Net Debt	148M	118M	132M	144M	125M
Debt Equivalent Oper. Leases	2.2M	1.69M	1.99M	1.99M	2.64M
Account Code - Inventory Valuation	3	-	3	3	3
Inventories - Work In Process, Total	65.27K	-	-	-	-
Inventories - Finished Goods, Total	55.91M	40.74M	56.45M	67.35M	45.93M
Inventories - Others	1.74M	980K	4.66M	228K	369K
Land - (BS)	3.3M	3.33M	3.33M	3.38M	3.39M
Machinery, Total	71.09M	70.11M	71.32M	73.65M	70.71M
Full Time Employees	471	-	1.71K	1.74K	485
Part Time Employees	703	-	-	-	1.18K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-25.33M	5.31M	601K	-2.95M	-24.76M
Depreciation & Amortization - CF	22.68M	21.2M	20.63M	20.9M	20.13M
Amortization of Goodwill and Intangible Assets - (CF)	56.17K	-	1	-	-
Depreciation & Amortization, Total	22.73M	21.2M	20.63M	20.9M	20.13M
Amortization of Deferred Charges, Total - (CF)	109K	117K	118K	148K	140K
(Gain) Loss From Sale Of Asset	834K	-483K	384K	165K	-890K
(Gain) Loss on Sale of Investments - (CF)	7.5K	-70	215	-3.67K	-2.58K
Asset Writedown & Restructuring Costs	307K	-612K	-515K	56.56K	1.73M
Other Operating Activities, Total	5.81M	-4.37M	-986K	1.58M	-2.44M
Change In Accounts Receivable	579K	-751K	129K	-253K	1.04M
Change In Inventories	1.34M	16.05M	-19.52M	-6.5M	21.28M
Change In Accounts Payable	-1.18M	-1.5M	3.1M	3.5M	-2.13M
Change in Other Net Operating Assets	98.06K	-61.15K	8.8K	84.12K	30.27K
Cash from Operations	5.31M	34.9M	3.96M	16.74M	14.12M
Capital Expenditure	-1.92M	-722K	-2.47M	-4.41M	-869K
Sale of Property, Plant, and Equipment	256K	-	-	52.17K	51.99K
Sale (Purchase) of Real Estate properties	-	-	-	-	650K
Sale (Purchase) of Intangible assets	-171K	-76.38K	-246K	-176K	-2.62K
Investment in Marketable and Equity Securities, Total	516K	269K	-58.34K	9.5K	489K
Other Investing Activities, Total	-114K	-68.94K	-	-	-
Cash from Investing	-1.43M	-598K	-2.77M	-4.52M	320K
Long-Term Debt Issued, Total	59.07M	31.2M	48.36M	39.24M	41.43M
Total Debt Issued	59.07M	31.2M	48.36M	39.24M	41.43M
Long-Term Debt Repaid, Total	-60.18M	-61.15M	-49.44M	-58.34M	-57.19M
Total Debt Repaid	-60.18M	-61.15M	-49.44M	-58.34M	-57.19M
Repurchase of Common Stock	-	-	-116K	-5.94K	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Cash from Financing	-1.11M	-29.96M	-1.19M	-19.11M	-15.76M
Foreign Exchange Rate Adjustments	714	610	-847	-552	2.44K
Net Change in Cash	2.77M	4.35M	-6.99K	-6.89M	-1.32M
Supplemental Items
Cash Interest Paid	7.17M	6.22M	6.27M	8.02M	7.95M
Cash Income Tax Paid (Refund)	-170K	-650K	661K	95.26K	-169K
Levered Free Cash Flow	13.06M	33.93M	2.72M	10.7M	21.35M
Unlevered Free Cash Flow	17.41M	37.74M	6.59M	15.72M	26.09M
Change In Net Working Capital	-3.53M	-12.67M	15.33M	5.08M	-18.37M
Net Debt Issued / Repaid	-1.11M	-29.96M	-1.08M	-19.1M	-15.76M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-3.29	2.54	2.24	2.36	-7.25
Return on Total Capital	-3.58	2.77	2.41	2.56	-7.89
Return On Equity %	-75.91	22.71	2.29	-11.78	-221.75
Return on Common Equity	-75.91	22.71	2.29	-11.78	-221.75
Margin Analysis
Gross Profit Margin %	56.27	54.47	55.96	59.57	46.14
SG&A Margin	34.4	27.2	27.11	29.16	34.21
EBITDA Margin %	-4.51	10.56	9.23	9.84	-11.9
EBITA Margin %	-10.76	5.79	4.8	5.42	-17.12
EBIT Margin %	-10.81	5.79	4.8	5.42	-17.12
Income From Continuing Operations Margin %	-24.9	4.22	0.46	-2.3	-22.68
Net Income Margin %	-24.9	4.22	0.46	-2.3	-22.68
Net Avail. For Common Margin %	-24.9	4.22	0.46	-2.3	-22.68
Normalized Net Income Margin	-14.63	2.62	0.2	-1.31	-13.43
Levered Free Cash Flow Margin	12.84	26.95	2.1	8.35	19.56
Unlevered Free Cash Flow Margin	17.11	29.98	5.1	12.28	23.9
Asset Turnover
Asset Turnover	0.49	0.7	0.75	0.7	0.68
Fixed Assets Turnover	0.79	1.19	1.34	1.3	1.21
Receivables Turnover (Average Receivables)	61.56	82.39	84.24	79.52	87.66
Inventory Turnover (Average Inventory)	0.76	1.15	1.11	0.8	1.03
Short Term Liquidity
Current Ratio	1.15	1.18	1.01	0.99	0.68
Quick Ratio	0.13	0.25	0.16	0.07	0.04
Operating Cash Flow to Current Liabilities	0.09	0.74	0.05	0.23	0.19
Days Sales Outstanding (Average Receivables)	5.94	4.43	4.33	4.59	4.18
Days Outstanding Inventory (Average Inventory)	480.44	316.55	329.28	453.58	354.36
Average Days Payable Outstanding	35.12	37.18	21.14	32.05	42.2
Cash Conversion Cycle (Average Days)	451.27	283.81	312.47	426.12	316.33
Long Term Solvency
Total Debt/Equity	740.13	494.13	534.96	624.94	-10.42K
Total Debt / Total Capital	88.1	83.17	84.25	86.21	100.97
LT Debt/Equity	518.54	347.84	303.44	365.78	-5.08K
Long-Term Debt / Total Capital	61.72	58.55	47.79	50.46	49.23
Total Liabilities / Total Assets	89.29	84.26	85.41	87.33	100.89
EBIT / Interest Expense	-1.58	1.2	1	0.86	-2.46
EBITDA / Interest Expense	1.69	4.67	4.33	3.46	0.19
(EBITDA - Capex) / Interest Expense	1.41	4.55	3.93	2.92	0.08
Total Debt / EBITDA	13.06	4.51	5.28	5.29	87.62
Net Debt / EBITDA	12.57	4.16	4.9	5.16	86.21
Total Debt / (EBITDA - Capex)	15.61	4.63	5.82	6.28	219.87
Net Debt / (EBITDA - Capex)	15.02	4.27	5.4	6.13	216.35
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-29.89	23.75	2.8	-1.05	-14.74
Gross Profit, 1 Yr. Growth %	-40.85	19.8	5.62	5.33	-33.96
EBITDA, 1 Yr. Growth %	-128.86	-389.7	-10.15	5.57	-203.07
EBITA, 1 Yr. Growth %	-216.95	-166.62	-14.74	11.65	-369.36
EBIT, 1 Yr. Growth %	-221.8	-166.28	-14.74	11.65	-369.36
Earnings From Cont. Operations, 1 Yr. Growth %	-7.24K	-120.95	-88.68	-590.81	740.22
Net Income, 1 Yr. Growth %	-7.24K	-120.95	-88.68	-590.81	740.22
Normalized Net Income, 1 Yr. Growth %	5.1K	-122.19	-91.98	-735.38	771.33
Diluted EPS Before Extra, 1 Yr. Growth %	-7.24K	-120.95	-88.68	-590.81	740.22
Accounts Receivable, 1 Yr. Growth %	-21.42	10.13	-8.16	18.96	-57.63
Inventory, 1 Yr. Growth %	-2.35	-27.71	46.49	10.57	-31.49
Net Property, Plant and Equip., 1 Yr. Growth %	-21.62	-12.49	-3.83	8.04	-24.33
Total Assets, 1 Yr. Growth %	-13.96	-14.5	9.89	2.32	-26.73
Tangible Book Value, 1 Yr. Growth %	-55.37	26.25	1.39	-11.41	-106.48
Common Equity, 1 Yr. Growth %	-55	25.62	1.86	-11.14	-105.16
Cash From Operations, 1 Yr. Growth %	-56.28	557.05	-88.66	323.05	-15.63
Capital Expenditures, 1 Yr. Growth %	-50.69	-62.33	241.36	78.74	-80.29
Levered Free Cash Flow, 1 Yr. Growth %	55.3	159.8	-91.98	292.98	99.6
Unlevered Free Cash Flow, 1 Yr. Growth %	25.51	116.8	-82.53	138.38	65.99
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-19.39	-6.85	12.79	0.86	-8.15
Gross Profit, 2 Yr. CAGR %	-24.96	-15.82	12.48	5.47	-16.6
EBITDA, 2 Yr. CAGR %	-39.16	-8.56	61.33	-2.61	4.31
EBITA, 2 Yr. CAGR %	34.15	-11.73	-24.63	-2.43	73.42
EBIT, 2 Yr. CAGR %	38.15	-10.15	-24.83	-2.43	73.42
Earnings From Cont. Operations, 2 Yr. CAGR %	99.2	286.68	-84.6	-25.47	542.17
Net Income, 2 Yr. CAGR %	99.2	286.68	-84.6	-25.47	542.17
Normalized Net Income, 2 Yr. CAGR %	63.84	239.57	-86.66	-28.61	644.06
Diluted EPS Before Extra, 2 Yr. CAGR %	99.2	286.68	-84.6	-25.47	542.18
Accounts Receivable, 2 Yr. CAGR %	-13.84	-6.97	0.57	4.52	-29.01
Inventory, 2 Yr. CAGR %	8.71	-15.98	2.91	27.27	-12.96
Net Property, Plant and Equip., 2 Yr. CAGR %	46.43	-17.18	-8.26	1.93	-9.58
Total Assets, 2 Yr. CAGR %	27.01	-14.23	-3.07	6.04	-13.42
Tangible Book Value, 2 Yr. CAGR %	-43.42	-24.93	13.14	-5.23	-76.05
Common Equity, 2 Yr. CAGR %	-43.48	-24.81	13.12	-4.86	-78.59
Cash From Operations, 2 Yr. CAGR %	-26.02	69.48	-13.7	-30.75	88.93
Capital Expenditures, 2 Yr. CAGR %	-55.37	-56.9	13.4	147.01	-40.65
Levered Free Cash Flow, 2 Yr. CAGR %	173.71	100.87	-54.35	-43.85	180.07
Unlevered Free Cash Flow, 2 Yr. CAGR %	294.55	64.95	-38.45	-35.46	98.92
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-13.16	-7	-3.74	7.97	-4.64
Gross Profit, 3 Yr. CAGR %	-18.15	-12.3	-9.21	10.05	-9.77
EBITDA, 3 Yr. CAGR %	-40.54	2.35	-9.09	40.06	-0.75
EBITA, 3 Yr. CAGR %	-12.28	6.23	-12.74	-14.08	36.87
EBIT, 3 Yr. CAGR %	-11.51	8.15	-11.71	-14.23	36.87
Earnings From Cont. Operations, 3 Yr. CAGR %	38.38	-5.97	19.16	-51.18	67.11
Net Income, 3 Yr. CAGR %	38.38	-5.97	19.16	-51.18	67.11
Normalized Net Income, 3 Yr. CAGR %	21.05	-15.86	-2.57	-51.64	64.36
Diluted EPS Before Extra, 3 Yr. CAGR %	38.38	-5.97	19.16	-51.18	67.11
Accounts Receivable, 3 Yr. CAGR %	-9.52	-6.49	-7.37	6.36	-22.64
Inventory, 3 Yr. CAGR %	4.3	-5.11	1.13	5.4	3.53
Net Property, Plant and Equip., 3 Yr. CAGR %	31.4	23.34	-12.95	-3.12	-7.7
Total Assets, 3 Yr. CAGR %	15.36	11.32	-6.84	-1.3	-6.25
Tangible Book Value, 3 Yr. CAGR %	-29.76	-26.07	-17.02	4.28	-61.25
Common Equity, 3 Yr. CAGR %	-29.88	-26.24	-16.8	4.37	-63.99
Cash From Operations, 3 Yr. CAGR %	-25.78	53.21	-31.2	46.6	-26.04
Capital Expenditures, 3 Yr. CAGR %	-39.52	-57.82	-14.09	31.97	6.34
Levered Free Cash Flow, 3 Yr. CAGR %	145.01	168.99	-31.34	-6.43	-14.3
Unlevered Free Cash Flow, 3 Yr. CAGR %	129.1	223.16	-21.95	-3.34	-11.58
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-6.26	-3.11	-3.59	-3.94	-5.53
Gross Profit, 5 Yr. CAGR %	-8.99	-5.96	-7.05	-5.58	-12.24
EBITDA, 5 Yr. CAGR %	-25.32	-3.64	-11.36	0.34	-3.95
EBITA, 5 Yr. CAGR %	-6.27	-7.79	-17.45	2.68	14.85
EBIT, 5 Yr. CAGR %	-5.88	-7.21	-17.1	3.79	15.66
Earnings From Cont. Operations, 5 Yr. CAGR %	33.03	0.8	-42.51	-14.32	133.75
Net Income, 5 Yr. CAGR %	33.03	0.8	-42.51	-14.32	133.75
Normalized Net Income, 5 Yr. CAGR %	20.73	-8.64	-49.9	-21.22	119.71
Diluted EPS Before Extra, 5 Yr. CAGR %	33.03	0.8	-42.51	-14.32	133.75
Accounts Receivable, 5 Yr. CAGR %	-1.43	-6.54	-5.61	-2.23	-16.72
Inventory, 5 Yr. CAGR %	7.92	-0.3	3.74	6.71	-4.77
Net Property, Plant and Equip., 5 Yr. CAGR %	18.62	15.86	13.81	14.29	-11.62
Total Assets, 5 Yr. CAGR %	11.29	7.36	7.61	9.17	-9.53
Tangible Book Value, 5 Yr. CAGR %	-14.73	-12.3	-15.01	-18.35	-49.52
Common Equity, 5 Yr. CAGR %	-15.16	-12.71	-15.1	-18.33	-51.66
Cash From Operations, 5 Yr. CAGR %	10.54	36.29	-21.17	11.51	3.05
Capital Expenditures, 5 Yr. CAGR %	-26.94	-33.58	-22.23	-14.46	-25.9
Levered Free Cash Flow, 5 Yr. CAGR %	21.07	97.24	25.11	43.74	20.49
Unlevered Free Cash Flow, 5 Yr. CAGR %	32.23	85.27	35.42	69.66	13.47