VCES - Free Cash Generation

VCES made a net profit of CZK -62.4 mil with revenues of CZK 1,775 mil in 2014, down by 47% and down by 16%, respectively, compared to the previous year. This translates into a net margin of -3.52%.

On the operating level, EBITDA reached CZK -48.1 mil, down 328% compared to the previous year. Over the last five years, the company's EBITDA has risen 0% a year on average.

The company generated cash, defined by a sum of net profit and depreciation, of CZK -45.3 mil or -2.55% of sales. When investments are excluded, free cash flow reached CZK 96.7 mil, or 5.45% of sales in 2014.

In the last five years, the company generated free cash flow of CZK 429 mil. That compares to a cumulative net profit of CZK 20.2 mil in the same period.

You can see all the company’s data at VCES profile, or you can download a report on the company in the report section.