Balance Sheet Teads Holding Co. Deutsche Boerse AG

Stocks

852 US69002R1032

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Real-time Estimate Tradegate Other stock markets 02:34:46 12/06/26 am AEST			5-day change	1st Jan Change
1.086 ^EUR	+8.06%		+4.02%	+55.04%

02/06	Teads Announces Audience API Integration with Havas Media Network	CI
08/05	Teads Holding Co., Q1 2026 Earnings Call, May 07, 2026

020e5141a12bf05f64dd.k_B90CWDWK_Y33I0zdYMkbY4fg3OiXfJ0-3n9UpW6L4.-ZUstUPzYd-K7B8GrIZnoe4BMGqmxkCxlb-IkjIuu47xwTqSceY_4pKAEQ

Published financial data: TEADS HOLDING CO.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.02B	992M	936M	890M	1.3B
Total Revenues	1.02B	992M	936M	890M	1.3B
Cost of Goods Sold, Total	775M	799M	751M	698M	871M
Gross Profit	240M	193M	185M	192M	429M
Selling General & Admin Expenses, Total	151M	166M	155M	153M	401M
R&D Expenses	37.97M	40.32M	36M	37.08M	43.55M
Other Operating Expenses, Total	189M	206M	191M	190M	445M
Operating Income	51.06M	-13.35M	-6.34M	1.62M	-15.98M
Interest Expense, Total	-3.96M	-7.62M	-5.39M	-3.65M	-75.14M
Interest And Investment Income	227K	4.7M	9.29M	7.91M	-
Net Interest Expenses	-3.74M	-2.92M	3.9M	4.26M	-75.14M
Currency Exchange Gains (Loss)	-3.3M	-2.1M	-1M	900K	100K
Other Non Operating Income (Expenses)	-	-	-	-	-4.97M
EBT, Excl. Unusual Items	44.02M	-18.37M	-3.44M	6.78M	-95.98M
Restructuring Charges	-	-	-2.3M	-	-30.8M
Merger & Related Restructuring Charges	-	-200K	-	-14.26M	-
Impairment of Goodwill	-	-	-	-	-352M
Gain (Loss) On Sale Of Investments	-	-	-500K	400K	100K
Gain (Loss) On Sale Of Assets	-5K	-	-	-	-
Asset Writedown	-	-	-	-	-106K
Other Unusual Items	-58.55M	-	22.59M	8.78M	1.22M
EBT, Incl. Unusual Items	-14.54M	-18.57M	16.36M	1.7M	-478M
Income Tax Expense	-25.53M	6.01M	6.11M	2.42M	39.39M
Earnings From Continuing Operations	11M	-24.58M	10.24M	-711K	-517M
Net Income to Company	11M	-24.58M	10.24M	-711K	-517M
Net Income - (IS)	11M	-24.58M	10.24M	-711K	-517M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	11M	-24.58M	10.24M	-711K	-517M
Net Income to Common Excl. Extra Items	11M	-24.58M	10.24M	-711K	-517M
Per Share Items
Net EPS - Basic	0.31	-0.44	0.2	-0.01	-5.69
Basic EPS - Continuing Operations	0.31	-0.44	0.2	-0.01	-5.69
Basic Weighted Average Shares Outstanding	35.16M	55.62M	50.9M	49.32M	90.86M
Net EPS - Diluted	0.2	-0.44	-0.06	-0.11	-5.69
Diluted EPS - Continuing Operations	0.2	-0.44	-0.06	-0.11	-5.69
Diluted Weighted Average Shares Outstanding	53.89M	55.62M	56.97M	52.71M	90.86M
Normalized Basic EPS	0.78	-0.21	-0.04	0.09	-0.66
Normalized Diluted EPS	0.51	-0.21	-0.04	0.08	-0.66
Supplemental Items
EBITDA	62.08M	4.03M	4.73M	11.34M	41.47M
EBITA	54.59M	-7.09M	-2.18M	5.03M	32.26M
EBIT	51.06M	-13.35M	-6.34M	1.62M	-15.98M
EBITDAR	66.08M	9.04M	9.97M	17.19M	54.67M
Effective Tax Rate - (Ratio)	175.64	-32.35	37.38	141.73	-8.25
Current Domestic Taxes	541K	744K	5.23M	1.26M	-12.37M
Current Foreign Taxes	5.74M	9.12M	5.19M	6.25M	24.19M
Total Current Taxes	6.28M	9.86M	10.42M	7.51M	11.82M
Deferred Domestic Taxes	-31.34M	-1.94M	-1.98M	-2.76M	35.26M
Deferred Foreign Taxes	-465K	-1.91M	-2.33M	-2.34M	-7.7M
Total Deferred Taxes	-31.81M	-3.85M	-4.31M	-5.1M	27.56M
Normalized Net Income	27.51M	-11.48M	-2.15M	4.24M	-59.99M
Interest on Long-Term Debt	3.96M	7.62M	5.39M	3.65M	-
Supplemental Operating Expense Items
Advertising Expense	13.1M	15.6M	12.7M	9.7M	34.5M
Selling and Marketing Expenses	91.59M	109M	96.87M	97.5M	277M
General and Administrative Expenses	59.65M	56.86M	58.26M	55.91M	124M
Research And Development Expense From Footnotes	47.61M	49.86M	46.04M	46.84M	52.83M
Net Rental Expense, Total	4M	5.01M	5.24M	5.85M	13.2M
Imputed Operating Lease Interest Expense	1.04M	1.25M	1.19M	2.32M	23.72M
Imputed Operating Lease Depreciation	2.96M	3.76M	4.05M	3.53M	-10.51M
Stock-Based Comp., R&D Exp. (Total)	3.96M	2.36M	2.97M	3.36M	2.44M
Stock-Based Comp., S&M Exp. (Total)	8.66M	4.94M	4.59M	5.4M	5.88M
Stock-Based Comp., G&A Exp. (Total)	13.69M	4.37M	4.58M	6.7M	5.39M
Total Stock-Based Compensation	26.31M	11.66M	12.14M	15.46M	13.71M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	455M	106M	70.89M	89.09M	128M
Short Term Investments	-	167M	94.31M	77.04M	10.48M
Total Cash And Short Term Investments	455M	272M	165M	166M	139M
Accounts Receivable, Total	193M	181M	189M	149M	342M
Total Receivables	193M	181M	189M	149M	342M
Prepaid Expenses	27.13M	46.04M	47.24M	27.84M	49.35M
Other Current Assets, Total	741K	726K	-	-	-
Total Current Assets	676M	501M	402M	343M	530M
Gross Property Plant And Equipment	47.76M	77.75M	81.29M	90.5M	108M
Accumulated Depreciation	-35.79M	-46.68M	-47.68M	-51.31M	-57.63M
Net Property Plant And Equipment	11.98M	31.07M	33.62M	39.2M	50.43M
Long-term Investments	-	78.76M	65.77M	-	-
Goodwill	32.88M	63.06M	63.06M	63.06M	281M
Other Intangibles, Total	21.75M	44.46M	41.38M	38.03M	406M
Deferred Tax Assets Long-Term	32.87M	35.74M	38.36M	40.82M	10.48M
Deferred Charges Long-Term	500K	400K	300K	200K	3.2M
Other Long-Term Assets, Total	19.83M	27.16M	20.37M	24.77M	46.51M
Total Assets	796M	781M	665M	549M	1.33B
Liabilities
Accounts Payable, Total	161M	148M	151M	149M	259M
Accrued Expenses, Total	111M	114M	112M	114M	141M
Short-term Borrowings	-	-	-	-	17.6M
Current Portion of Leases	3.07M	4.99M	3.94M	4.03M	9.11M
Current Income Taxes Payable	9.24M	15.01M	15.6M	9M	26.33M
Unearned Revenue Current, Total	4.78M	6.7M	8.49M	6.93M	14.93M
Other Current Liabilities	-	11.25M	7.1M	6.47M	15.98M
Total Current Liabilities	288M	300M	298M	289M	484M
Long-Term Debt	236M	236M	118M	-	605M
Long-Term Leases	-	8.7M	9.22M	11.78M	21.67M
Deferred Tax Liability Non Current	1.7M	5.3M	4M	1.6M	73.1M
Other Non Current Liabilities	12.92M	13.26M	12.74M	15.02M	48.59M
Total Liabilities	539M	563M	442M	318M	1.23B
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	58K	60K	62K	64K	96K
Additional Paid In Capital	435M	456M	469M	485M	686M
Retained Earnings	-157M	-179M	-169M	-169M	-687M
Treasury Stock	-16.5M	-49.17M	-67.69M	-74.29M	-533K
Comprehensive Income and Other	-4.47M	-9.91M	-9.05M	-9.48M	96.66M
Total Common Equity	257M	218M	223M	231M	95.44M
Total Equity	257M	218M	223M	231M	95.44M
Total Liabilities And Equity	796M	781M	665M	549M	1.33B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	57.22M	51.16M	49.05M	93.94M	95.98M
ECS Total Common Shares Outstanding	56.7M	52.23M	49.73M	50.09M	95.98M
Book Value / Share	4.53	4.17	4.49	4.62	0.99
Tangible Book Value	202M	110M	119M	130M	-592M
Tangible Book Value Per Share	3.57	2.11	2.39	2.6	-6.16
Total Debt	239M	250M	131M	15.82M	653M
Net Debt	-216M	-102M	-99.81M	-150M	515M
Debt Equivalent Oper. Leases	32M	40.07M	41.9M	46.81M	106M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	43.4M	60.71M	62.63M	69.28M	71.31M
Full Time Employees	1.02K	1.08K	942	1.8K	1.7K
Accumulated Allowance for Doubtful Accounts (Supple)	4.4M	5.51M	10.38M	5.92M	16.38M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	11M	-24.58M	10.24M	-711K	-517M
Depreciation & Amortization - CF	7.5M	11.12M	6.92M	6.31M	9.21M
Amortization of Goodwill and Intangible Assets - (CF)	3.53M	6.25M	4.15M	3.41M	48.23M
Depreciation & Amortization, Total	11.03M	17.38M	11.07M	9.72M	57.44M
Amortization of Deferred Charges, Total - (CF)	8.44M	9.54M	9.63M	9.76M	25.9M
(Gain) Loss From Sale Of Asset	5K	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-3.6M	-2.24M	-959K
Asset Writedown & Restructuring Costs	-	-	-	-	368M
Stock-Based Compensation (CF)	26.31M	11.66M	12.14M	15.46M	13.71M
Provision and Write-off of Bad Debts	2.65M	3.29M	8.01M	3.01M	7.78M
Other Operating Activities, Total	13.67M	-188K	-23.17M	-8.7M	45.95M
Change In Accounts Receivable	-31.5M	5.28M	-12.95M	35.9M	25.93M
Change In Accounts Payable	42.98M	7.96M	-1.23M	-11.7M	-21.99M
Change in Unearned Revenues	-667K	2.18M	1.62M	-1.5M	633K
Change in Other Net Operating Assets	-27.14M	-28.72M	1.98M	19.55M	2.53M
Cash from Operations	56.76M	3.81M	13.75M	68.56M	7.61M
Capital Expenditure	-9.74M	-13.38M	-10.13M	-7.38M	-5.61M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-45.15M	-389K	-181K	-598M
Sale (Purchase) of Intangible assets	-10.31M	-12.57M	-10.11M	-9.91M	-17.15M
Investment in Marketable and Equity Securities, Total	-	-247M	90.34M	84.72M	66.95M
Other Investing Activities, Total	-47K	-132K	-72K	-96K	-56K
Cash from Investing	-20.1M	-318M	69.64M	67.15M	-554M
Short Term Debt Issued, Total	-	-	-	-	625M
Long-Term Debt Issued, Total	200M	-	-	-	625M
Total Debt Issued	200M	-	-	-	1.25B
Short Term Debt Repaid, Total	-	-	-	-	-625M
Long-Term Debt Repaid, Total	-4.34M	-3.19M	-98M	-110M	-7.67M
Total Debt Repaid	-4.34M	-3.19M	-98M	-110M	-633M
Issuance of Common Stock	155M	4.16M	-	-	-
Repurchase of Common Stock	-14.15M	-32.66M	-18.52M	-6.6M	-646K
Other Financing Activities, Total	-10.35M	-	-547K	-1.1M	-31.74M
Cash from Financing	326M	-31.7M	-117M	-118M	585M
Foreign Exchange Rate Adjustments	-1.03M	-4.04M	-1M	634K	1.22M
Net Change in Cash	362M	-350M	-34.69M	18.65M	39.98M
Supplemental Items
Cash Interest Paid	587K	7.46M	6.03M	4.32M	35.05M
Cash Income Tax Paid (Refund)	6.74M	6.89M	8.6M	10.27M	23.78M
Levered Free Cash Flow	50.77M	1.88M	-4.71M	67.7M	-25.43M
Unlevered Free Cash Flow	53.25M	6.65M	-1.34M	69.99M	4.91M
Change In Net Working Capital	4.38M	-2.35M	9.98M	-51.33M	42.78M
Net Debt Issued / Repaid	196M	-3.19M	-98M	-110M	618M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.54	-1.06	-0.55	0.17	-1.06
Return on Total Capital	10.96	-1.73	-0.96	0.34	-2
Return On Equity %	6.48	-10.36	4.65	-0.31	-316.46
Return on Common Equity	12.43	-10.36	4.65	-0.31	-316.46
Margin Analysis
Gross Profit Margin %	23.66	19.42	19.75	21.59	32.99
SG&A Margin	14.89	16.7	16.58	17.24	30.87
EBITDA Margin %	6.11	0.41	0.51	1.27	3.19
EBITA Margin %	5.37	-0.72	-0.23	0.56	2.48
EBIT Margin %	5.03	-1.35	-0.68	0.18	-1.23
Income From Continuing Operations Margin %	1.08	-2.48	1.09	-0.08	-39.76
Net Income Margin %	1.08	-2.48	1.09	-0.08	-39.76
Net Avail. For Common Margin %	1.08	-2.48	1.09	-0.08	-39.76
Normalized Net Income Margin	2.71	-1.16	-0.23	0.48	-4.61
Levered Free Cash Flow Margin	5	0.19	-0.5	7.61	-1.96
Unlevered Free Cash Flow Margin	5.24	0.67	-0.14	7.86	0.38
Asset Turnover
Asset Turnover	1.76	1.26	1.29	1.47	1.39
Fixed Assets Turnover	89.08	46.1	28.93	24.44	29.02
Receivables Turnover (Average Receivables)	5.67	5.3	5.05	5.26	5.29
Short Term Liquidity
Current Ratio	2.34	1.67	1.35	1.19	1.1
Quick Ratio	2.25	1.51	1.19	1.09	0.99
Operating Cash Flow to Current Liabilities	0.2	0.01	0.05	0.24	0.02
Days Sales Outstanding (Average Receivables)	64.38	68.81	72.27	69.61	68.98
Average Days Payable Outstanding	65.73	70.41	72.53	78.76	97.5
Long Term Solvency
Total Debt/Equity	93.1	114.65	58.8	6.84	684.73
Total Debt / Total Capital	48.21	53.41	37.03	6.4	87.26
LT Debt/Equity	91.91	112.36	57.03	5.09	656.75
Long-Term Debt / Total Capital	47.6	52.34	35.91	4.77	83.69
Total Liabilities / Total Assets	67.74	72.12	66.44	57.88	92.81
EBIT / Interest Expense	12.88	-1.75	-1.18	0.44	-0.21
EBITDA / Interest Expense	15.66	1.19	1.85	4.71	0.73
(EBITDA - Capex) / Interest Expense	13.2	-0.57	-0.03	2.69	0.65
Total Debt / EBITDA	3.85	27.62	13.16	0.92	11.95
Net Debt / EBITDA	-3.48	-11.23	-10.01	-8.74	9.42
Total Debt / (EBITDA - Capex)	4.57	-57.6	-824.87	1.61	13.32
Net Debt / (EBITDA - Capex)	-4.13	23.43	627.76	-15.32	10.49
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	32.39	-2.32	-5.67	-4.91	46.14
Gross Profit, 1 Yr. Growth %	45.56	-19.81	-4.08	3.95	123.35
EBITDA, 1 Yr. Growth %	92.16	-93.51	17.34	139.73	-2.01K
EBITA, 1 Yr. Growth %	112.64	-113	-69.2	-330.07	-480.09
EBIT, 1 Yr. Growth %	139.19	-126.14	-52.51	-125.52	34.3
Earnings From Cont. Operations, 1 Yr. Growth %	152.35	-323.57	-141.67	-106.94	72.62K
Net Income, 1 Yr. Growth %	152.35	-323.57	-141.67	-106.94	72.62K
Normalized Net Income, 1 Yr. Growth %	148.37	-141.74	-81.28	-297.09	1.32K
Diluted EPS Before Extra, 1 Yr. Growth %	150	-320.99	-85.35	62.23	5.32K
Accounts Receivable, 1 Yr. Growth %	16.54	-5.99	4.46	-21.21	129.51
Net Property, Plant and Equip., 1 Yr. Growth %	10.59	159.46	8.2	16.59	28.67
Total Assets, 1 Yr. Growth %	123.26	-1.85	-14.92	-17.37	141.8
Tangible Book Value, 1 Yr. Growth %	-248.16	-45.45	7.57	9.81	-554.13
Common Equity, 1 Yr. Growth %	-421.72	-15.18	2.42	3.71	-58.75
Cash From Operations, 1 Yr. Growth %	7.13	-93.28	260.5	398.77	-88.91
Capital Expenditures, 1 Yr. Growth %	544.8	37.28	-24.28	-27.13	-24.01
Levered Free Cash Flow, 1 Yr. Growth %	-17.53	-96.3	-350.36	-1.54K	-142.91
Unlevered Free Cash Flow, 1 Yr. Growth %	-14.23	-87.52	-120.1	-5.34K	-92.02
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	21.56	13.72	-4.01	-5.29	17.88
Gross Profit, 2 Yr. CAGR %	30.17	8.03	-12.3	-0.14	52.37
EBITDA, 2 Yr. CAGR %	215.81	-64.68	-67.79	72.04	164.23
EBITA, 2 Yr. CAGR %	4.77K	-47.43	-76.05	-16.98	474.9
EBIT, 2 Yr. CAGR %	254.7	-20.92	-57.17	-65.44	76.47
Earnings From Cont. Operations, 2 Yr. CAGR %	-26.79	137.52	-3.48	-82.99	610.53
Net Income, 2 Yr. CAGR %	-26.79	137.52	-3.48	-82.99	610.53
Normalized Net Income, 2 Yr. CAGR %	211.66	1.83	-64.65	-39.59	556.04
Diluted EPS Before Extra, 2 Yr. CAGR %	-61.41	135.05	-43.1	-51.25	837.58
Accounts Receivable, 2 Yr. CAGR %	16.63	4.67	-0.91	-9.28	34.47
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.04	69.39	67.55	12.32	22.48
Total Assets, 2 Yr. CAGR %	67.84	48.03	-8.62	-16.15	41.35
Tangible Book Value, 2 Yr. CAGR %	16.81	-10.1	-23.4	8.69	123.31
Common Equity, 2 Yr. CAGR %	69.23	65.19	-6.8	3.07	-34.59
Cash From Operations, 2 Yr. CAGR %	84.14	-73.17	-50.79	324.04	-25.61
Capital Expenditures, 2 Yr. CAGR %	99.34	197.52	1.95	-25.72	-25.58
Levered Free Cash Flow, 2 Yr. CAGR %	-	-82.53	-56.75	521.14	153.69
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-67.28	-78.01	227.61	190.95
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	13.01	6.85	-4.31	9.44
Gross Profit, 3 Yr. CAGR %	-	10.76	3.84	-7.19	30.59
EBITDA, 3 Yr. CAGR %	-	-13.49	-47.3	-37.11	121.2
EBITA, 3 Yr. CAGR %	-	575.65	-56.01	-49.08	64.14
EBIT, 3 Yr. CAGR %	-	48.72	-33.28	-63.96	5.65
Earnings From Cont. Operations, 3 Yr. CAGR %	-	6.21	32.96	-59.86	176.05
Net Income, 3 Yr. CAGR %	-	6.21	32.96	-59.86	176.05
Normalized Net Income, 3 Yr. CAGR %	-	59.45	-42.1	-37.31	72.89
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-30.96	-6.81	-19.32	134.39
Accounts Receivable, 3 Yr. CAGR %	-	8.54	4.6	-8.2	23.61
Net Property, Plant and Equip., 3 Yr. CAGR %	-	36.45	45.88	48.47	17.52
Total Assets, 3 Yr. CAGR %	-	40.35	23.08	-11.63	19.35
Tangible Book Value, 3 Yr. CAGR %	-	-9.38	-4.56	-13.63	75.06
Common Equity, 3 Yr. CAGR %	-	34.42	40.86	-3.42	-24.04
Cash From Operations, 3 Yr. CAGR %	-	-38.93	-36.22	6.5	25.88
Capital Expenditures, 3 Yr. CAGR %	-	76.03	88.54	-8.84	-25.15
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-57.56	39.09	143.79
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-72.19	36.3	-9.01
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	5.3	11.13
Gross Profit, 5 Yr. CAGR %	-	-	-	6.26	21.05
EBITDA, 5 Yr. CAGR %	-	-	-	12.74	5.12
EBITA, 5 Yr. CAGR %	-	-	-	193.71	4.67
EBIT, 5 Yr. CAGR %	-	-	-	-16.8	-5.63
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-48.95	159.94
Net Income, 5 Yr. CAGR %	-	-	-	-48.95	159.94
Normalized Net Income, 5 Yr. CAGR %	-	-	-	8.38	40.2
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-39.93	134.65
Accounts Receivable, 5 Yr. CAGR %	-	-	-	1.03	15.65
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	26.23	36.03
Total Assets, 5 Yr. CAGR %	-	-	-	14.22	30.09
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-2.54	34.09
Common Equity, 5 Yr. CAGR %	-	-	-	20.87	3.64
Cash From Operations, 5 Yr. CAGR %	-	-	-	32.58	-32.17
Capital Expenditures, 5 Yr. CAGR %	-	-	-	24.65	29.99
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-16.21
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-39.79