IPAS Indexo AS (RSE:IDX1R)

Latvia · Delayed Price · Currency is EUR

8.72

-0.02 (-0.23%)

At close: Jul 24, 2026

IPAS Indexo AS Financials Overview

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6.11	5.61	4.48	3.12	2.28	1.6
Revenue Growth	26.42%	25.36%	43.27%	37.14%	42.17%	64.74%
Gross Profit	5.07	5.04	4.35	3.12	2.28	1.6
Operating Income	-16.98	-8.97	-5.07	-2.94	-1.27	0.01
Net Income	-5.56	-7.74	-5.38	-2.9	-1.27	0.01
Earnings Per Share	-0.80	-1.39	-1.18	-0.79	-0.39	0.00
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Asset Management	5.11	4.45	3.12	2.28
Bank Development	0.49	0.03	-	-
Total	5.61	4.48	3.12	2.28

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	31.01	30.21	36.25	2.71	7.23	1.16
Total Debt	130.67	129.88	2.04	0.05	0.09	0.04
Net Cash (Debt)	-99.67	-99.67	34.21	2.66	7.14	1.12
Net Cash Growth	-	-	1185.66%	-62.74%	535.57%	-14.61%
Net Cash Per Share	-14.39	-17.92	7.52	0.73	2.20	0.37

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-31.62	-21.22	26.51	-2.72	-1.29	-0.08
Capital Expenditures	-2.93	-3.13	-3.6	-1.89	-	-0.01
Free Cash Flow	-34.54	-24.34	22.91	-4.61	-1.29	-0.09
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	83.01%	89.86%	97.12%	99.85%	100.00%	100.00%
Operating Margin	-277.93%	-159.80%	-113.32%	-94.23%	-55.76%	0.64%
Pretax Margin	-81.98%	-137.74%	-120.07%	-92.59%	-55.79%	0.56%
Profit Margin	-91.06%	-137.88%	-120.27%	-92.79%	-55.84%	0.56%
FCF Margin	-565.46%	-433.94%	511.87%	-147.57%	-56.74%	-5.42%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
P/FCF Ratio	-	-	2.43	-	-	-
PS Ratio	17.47	16.86	12.45	15.25	22.72	-