NASDAQ : NWCL
NewHold Investment Corp III — Financial statements
Utilities · Independent Power Producers · United Kingdom
Last price 4.25 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.20B
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Financial statements
NewHold Investment Corp III (NWCL) reported revenue of 38.85M EUR (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in EUR.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Revenue | 38.85M | 32.77M | 46.74M |
| Cost of Revenue | 29.06M | 24.95M | 35.00M |
| Gross Profit | 9.79M | 7.82M | 11.74M |
| Selling, General & Admin | 108.78M | 98.55M | 86.81M |
| Research & Development | 67.72M | 68.54M | 58.47M |
| Other Operating Expenses | -21.14M | -19.35M | -17.75M |
| Operating Expenses | 155.37M | 147.74M | 127.54M |
| Operating Income | -145.58M | -139.93M | -115.80M |
| Interest Expense | -1.91M | -1.45M | -1.71M |
| Interest & Investment Income | 446.00K | 1.67M | 4.94M |
| Earnings From Equity Investments | -131.00K | -48.00K | |
| Currency Exchange Gain (Loss) | 218.00K | 218.00K | 48.00K |
| Other Non Operating Income (Expenses) | -621.00K | -621.00K | -27.00K |
| EBT Excluding Unusual Items | -147.58M | -140.16M | -112.54M |
| Gain (Loss) on Sale of Investments | 1.80M | ||
| Gain (Loss) on Sale of Assets | -1.64M | -1.63M | 180.00K |
| Pretax Income | -149.21M | -141.79M | -110.56M |
| Income Tax Expense | -1.56M | -1.82M | -402.00K |
| Earnings From Continuing Operations | -147.65M | -139.97M | -110.16M |
| Minority Interest in Earnings | 1.62M | 1.62M | |
| Net Income | -146.03M | -138.34M | -110.16M |
| Net Income to Common | -146.03M | -138.34M | -110.16M |
| Shares Outstanding (Basic) | 486.28M | 462.25M | 436.28M |
| Shares Outstanding (Diluted) | 486.28M | 462.25M | 436.28M |
| EPS (Basic) | -0.30 | -0.30 | -0.25 |
| EPS (Diluted) | -0.30 | -0.30 | -0.25 |
| Free Cash Flow | -150.92M | -162.68M | -142.19M |
| Free Cash Flow Per Share | -0.31 | -0.35 | -0.33 |
| Gross Margin | 25.20% | 23.85% | 25.12% |
| Operating Margin | -374.71% | -427.01% | -247.73% |
| Profit Margin | -375.87% | -422.17% | -235.68% |
| Free Cash Flow Margin | -388.46% | -496.45% | -304.19% |
| EBITDA | -133.57M | -128.81M | -107.53M |
| EBITDA Margin | -230.04% | ||
| D&A For EBITDA | 12.01M | 11.12M | 8.27M |
| EBIT | -145.58M | -139.93M | -115.80M |
| EBIT Margin | -247.73% | ||
| Advertising Expenses | 1.30M | 1.44M |
Balance sheet
Fiscal year January - December; amounts in EUR.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Cash & Equivalents | 66.54M | 105.17M | 189.67M |
| Short-Term Investments | 2.33M | 2.29M | 2.20M |
| Cash & Short-Term Investments | 68.88M | 107.46M | 191.87M |
| Accounts Receivable | 41.88M | 30.09M | 30.08M |
| Other Receivables | 23.75M | 20.81M | 27.95M |
| Receivables | 65.64M | 50.90M | 58.04M |
| Inventory | 4.84M | 5.06M | 6.95M |
| Restricted Cash | 104.00K | 3.05M | |
| Other Current Assets | 12.13M | 11.42M | 5.98M |
| Total Current Assets | 151.49M | 174.93M | 265.88M |
| Property, Plant & Equipment | 133.66M | 111.96M | 80.39M |
| Long-Term Investments | 31.63M | 31.71M | 1.03M |
| Goodwill | 37.28M | 37.28M | 37.28M |
| Other Intangible Assets | 42.76M | 43.05M | 46.44M |
| Long-Term Deferred Tax Assets | 3.06M | 2.18M | 1.17M |
| Other Long-Term Assets | 34.87M | 35.21M | 15.82M |
| Total Assets | 434.75M | 436.32M | 448.01M |
| Accounts Payable | 15.75M | 15.86M | 21.00M |
| Accrued Expenses | 24.82M | 22.13M | 26.07M |
| Short-Term Debt | 38.58M | ||
| Current Portion of Long-Term Debt | 2.50M | 2.58M | 1.76M |
| Current Portion of Leases | 3.54M | 3.25M | 3.20M |
| Current Unearned Revenue | 17.72M | 5.03M | 4.61M |
| Other Current Liabilities | 2.15M | 2.40M | 548.00K |
| Total Current Liabilities | 66.47M | 89.83M | 57.18M |
| Long-Term Debt | 15.93M | 16.31M | 2.28M |
| Long-Term Leases | 14.67M | 15.54M | 18.00M |
| Long-Term Unearned Revenue | 9.30M | ||
| Pension & Post-Retirement Benefits | 3.18M | 2.56M | |
| Long-Term Deferred Tax Liabilities | 4.43M | 4.24M | 5.78M |
| Other Long-Term Liabilities | 13.03M | 987.00K | 956.00K |
| Total Liabilities | 114.53M | 139.39M | 86.77M |
| Common Stock | 5.05M | 4.74M | 4.62M |
| Additional Paid-In Capital | 23.38M | 562.90M | 530.91M |
| Comprehensive Income & Other | 57.07M | -272.74M | -174.31M |
| Total Common Equity | 320.19M | 294.90M | 361.22M |
| Minority Interest | 37.00K | 2.02M | 21.00K |
| Shareholders' Equity | 320.22M | 296.93M | 361.24M |
| Total Liabilities & Equity | 434.75M | 436.32M | 448.01M |
| Total Debt | 36.64M | 76.25M | 25.25M |
| Net Cash (Debt) | 32.24M | 31.20M | 166.62M |
| Net Cash Per Share | 0.07 | 0.07 | 0.38 |
| Filing Date Shares Outstanding | 504.56M | 473.91M | 436.28M |
| Total Common Shares Outstanding | 504.56M | 473.91M | 436.28M |
| Working Capital | 85.01M | 85.11M | 208.70M |
| Book Value Per Share | 0.63 | 0.62 | 0.83 |
| Tangible Book Value | 240.15M | 214.57M | 277.50M |
| Tangible Book Value Per Share | 0.48 | 0.45 | 0.64 |
| Land | 1.03M | 1.03M | |
| Buildings | 7.15M | 3.05M | |
| Machinery | 25.63M | 14.83M | |
| Construction In Progress | 53.65M | 31.55M | |
| Leasehold Improvements | 12.37M | 10.48M |
Cash flow statement
Fiscal year January - December; amounts in EUR.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Net Income | -146.03M | -138.34M | -110.16M |
| Depreciation & Amortization | 15.77M | 14.88M | 11.83M |
| Other Amortization | 2.05M | 2.05M | 1.29M |
| Loss (Gain) From Sale of Assets | 1.81M | 1.80M | 429.00K |
| Loss (Gain) From Sale of Investments | -1.80M | ||
| Loss (Gain) on Equity Investments | 131.00K | 48.00K | |
| Stock-Based Compensation | 30.93M | 14.89M | 8.32M |
| Other Operating Activities | -1.56M | -3.59M | -5.08M |
| Change in Accounts Receivable | -25.22M | -16.79M | -21.05M |
| Change in Inventory | 2.02M | 1.90M | 3.30M |
| Change in Accounts Payable | 18.97M | 3.47M | 8.45M |
| Operating Cash Flow | -101.13M | -119.68M | -104.48M |
| Capital Expenditures | -49.79M | -43.00M | -37.71M |
| Sale of Property, Plant & Equipment | 18.00K | 13.00K | 33.00K |
| Sale (Purchase) of Intangibles | -4.04M | -2.86M | -11.75M |
| Investment in Securities | -5.10M | -4.22M | 172.72M |
| Other Investing Activities | 338.00K | 1.78M | 2.97M |
| Investing Cash Flow | -58.57M | -48.28M | 126.27M |
| Long-Term Debt Issued | 55.24M | ||
| Long-Term Debt Repaid | -4.75M | -4.41M | |
| Net Debt Issued (Repaid) | 50.90M | 50.49M | -4.41M |
| Issuance of Common Stock | 76.76M | 31.64M | 61.98M |
| Other Financing Activities | -33.38M | -1.41M | -1.77M |
| Financing Cash Flow | 94.28M | 80.72M | 55.80M |
| Foreign Exchange Rate Adjustments | 64.00K | -203.00K | 323.00K |
| Net Cash Flow | -65.36M | -87.44M | 77.92M |
| Free Cash Flow | -150.92M | -162.68M | -142.19M |
| Free Cash Flow Margin | -388.46% | -496.45% | -304.19% |
| Free Cash Flow Per Share | -0.31 | -0.35 | -0.33 |
| Levered Free Cash Flow | -102.66M | ||
| Unlevered Free Cash Flow | -101.75M | ||
| Cash Interest Paid | 1.74M | 1.41M | 1.74M |
| Cash Income Tax Paid | -260.00K | 1.35M | |
| Change in Working Capital | -4.23M | -11.42M | -9.30M |
Ratios
Fiscal year January - December; amounts in EUR.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Market Capitalization | 1.20B | 286.21M | |
| Last Close Price | 4.25 | 10.37 | |
| PS Ratio | 26.96 | 7.44 | |
| PB Ratio | 5.86 | 0.82 | |
| P/TBV Ratio | 4.36 | 1.14 | |
| Debt / Equity Ratio | 0.11 | 0.26 | 0.07 |
| Net Debt / Equity Ratio | -0.10 | -0.10 | -0.46 |
| Net Debt / EBITDA Ratio | 0.24 | 0.24 | 1.55 |
| Net Debt / FCF Ratio | 0.21 | 0.19 | 1.17 |
| Asset Turnover | 0.07 | ||
| Inventory Turnover | 4.16 | ||
| Quick Ratio | 2.02 | 1.76 | 4.37 |
| Current Ratio | 2.28 | 1.95 | 4.65 |
| Return on Equity (ROE) | -42.53% | ||
| Return on Assets (ROA) | -19.78% | ||
| Return on Capital Employed (ROCE) | -39.50% | -40.40% | -29.60% |
| Earnings Yield | -8.09% | -56.75% | |
| FCF Yield | -14.09% | -66.74% | |
| Buyback Yield / Dilution | -5.95% |