SCHMID Group N.V. Warrants

SCHMID Group N.V. Warrants reported a net loss of $84.1 million for fiscal year 2024, driven primarily by significant listing expenses of $71.6 million. Revenue totaled $60.8 million with cost of sales at $48.8 million, resulting in a gross profit of $12.0 million. The company recorded an operating loss of $81.8 million and a financial result of negative $3.8 million. Total comprehensive loss for the period was $83.7 million. The balance sheet shows total assets of $93.1 million with negative equity of $60.4 million, while cash flow from operations was negative $2.6 million. Basic and diluted earnings per share were both negative $2.00. The financial results reflect the impact of one-time listing expenses and ongoing operational challenges.

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