Forsee Power
ISIN: FR0014005SB3 | Ticker: FORSE | LEI: 969500S7F4LVSHHUZB87
Country: France
Since 2011, Forsee Power has designed and manufactured smart battery systems for electromobility. A pioneer in this sector, the Company offers solid expertise in high-energy and high-performance storage solutions for light and heavy mobility. To market its solutions, Forsee Power relies on an international sales force in Europe, Asia and North America serving customers operating in many areas of electromobility.
Therefore, the Company is positioned in the electromobility markets that require complex battery systems with high value-add: Light Vehicles (two-wheelers and three-wheelers, go-karts, small autonomous and robotic vehicles) and Heavy Vehicles (buses, special trucks such as mining or port trucks, off-highway vehicles for construction, agriculture and industry, trains and ships).
Buoyed by structural trends, electromobility is establishing itself as the standard for vehicles sold today.
2011
Served areaWorldwide
Headcount130
Headquarters1 Boulevard Hippolyte Marquès, 94200 Ivry-sur-Seine – France
| Line item in (eur) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|
| Assets | N/A | 166,598,000.00 | 146,526,000.00 |
| Noncurrent Assets | N/A | 41,738,000.00 | 49,509,000.00 |
| Property Plant And Equipment | N/A | 18,643,000.00 | 25,978,000.00 |
| Goodwill | N/A | 1,523,000.00 | 1,523,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 14,892,000.00 | 14,955,000.00 |
| Investment Accounted For Using Equity Method | N/A | N/A | 4,043,000.00 |
| Deferred Tax Assets | N/A | 373,000.00 | 323,000.00 |
| Other Noncurrent Assets | N/A | 720,000.00 | 935,000.00 |
| Current Assets | N/A | 124,859,000.00 | 97,017,000.00 |
| Inventories | N/A | 28,417,000.00 | 37,476,000.00 |
| Current Trade Receivables | N/A | 10,571,000.00 | 15,960,000.00 |
| Cash and cash equivalents | 11,273,000.00 | 70,770,000.00 | 31,014,000.00 |
| Other Current Assets | N/A | 15,101,000.00 | 12,566,000.00 |
| Equity And Liabilities | N/A | 166,598,000.00 | 146,526,000.00 |
| Equity | -32,934,000.00 | 69,224,000.00 | 39,650,000.00 |
| Issued Capital | N/A | 5,321,000.00 | 5,357,000.00 |
| Retained Earnings Profit Loss For Reporting Period | N/A | -38,097,000.00 | -32,568,000.00 |
| Share Premium | N/A | 132,949,000.00 | 132,913,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 69,224,000.00 | 39,650,000.00 |
| Noncontrolling Interests | N/A | 0.00 | 0.00 |
| Liabilities | N/A | 97,374,000.00 | 106,876,000.00 |
| Noncurrent Liabilities | N/A | 68,070,000.00 | 67,407,000.00 |
| Noncurrent Provisions For Employee Benefits | N/A | 181,000.00 | 379,000.00 |
| Other Longterm Provisions | N/A | 5,316,000.00 | 7,170,000.00 |
| Deferred Tax Liabilities | N/A | 5,000.00 | 178,000.00 |
| Other Noncurrent Financial Liabilities | N/A | 51,913,000.00 | 51,455,000.00 |
| Noncurrent Derivative Financial Liabilities | N/A | 6,972,000.00 | 4,108,000.00 |
| Other Noncurrent Liabilities | N/A | 3,683,000.00 | 4,116,000.00 |
| Current Liabilities | N/A | 29,304,000.00 | 39,469,000.00 |
| Other Shortterm Provisions | N/A | 0.00 | 0.00 |
| Trade And Other Current Payables To Trade Suppliers | N/A | 13,599,000.00 | 20,152,000.00 |
| Other Current Liabilities | N/A | 13,946,000.00 | 10,606,000.00 |
| Line item in (eur) | 01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|
| Interest Income On Cash And Cash Equivalents | N/A | 2,000.00 |
| Revenue From Contracts With Customers | 72,423,000.00 | 111,018,000.00 |
| Employee Benefits Expense | 26,613,000.00 | 30,086,000.00 |
| Depreciation And Amortisation Expense | 4,762,000.00 | 9,090,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 172,000.00 | 3,599,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 172,000.00 | 3,599,000.00 |
| Tax Expense Other Than Income Tax Expense | 906,000.00 | 771,000.00 |
| Profit Loss From Operating Activities | -26,772,000.00 | -30,113,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | N/A | -331,000.00 |
| Profit Loss Before Tax | -37,963,000.00 | -32,170,000.00 |
| Income Tax Expense Continuing Operations | 134,000.00 | 398,000.00 |
| Profit (loss) | -38,097,000.00 | -32,568,000.00 |
| Profit Loss Attributable To Owners Of Parent | -38,097,000.00 | -32,568,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | N/A | 0.00 |
| Line item in (eur) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|
| Profit (loss) | N/A | -38,097,000.00 | -32,568,000.00 |
| Adjustments For Income Tax Expense | N/A | N/A | 398,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | 408,000.00 | -9,288,000.00 |
| Adjustments For Decrease Increase In Other Operating Receivables | N/A | -4,837,000.00 | 6,526,000.00 |
| Adjustments For Increase Decrease In Trade Account Payable | N/A | 3,003,000.00 | 2,374,000.00 |
| Adjustments For Increase Decrease In Other Operating Payables | N/A | 3,778,000.00 | -1,683,000.00 |
| Adjustments For Sharebased Payments | N/A | 5,556,000.00 | 3,389,000.00 |
| Other Adjustments For Noncash Items | N/A | -50,000.00 | N/A |
| Adjustments For Losses Gains On Disposal Of Noncurrent Assets | N/A | 396,000.00 | 0.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | -59,000.00 | -812,000.00 |
| Cash Flows From Used In Operating Activities | N/A | -18,324,000.00 | -24,491,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 700,000.00 | 0.00 |
| Proceeds From Government Grants Classified As Investing Activities | N/A | 337,000.00 | 0.00 |
| Cash Flows From Used In Investing Activities | N/A | -10,182,000.00 | -9,116,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 30,000,000.00 | 0.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 29,161,000.00 | 3,120,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 880,000.00 | 1,126,000.00 |
| Interest Paid Classified As Financing Activities | N/A | 2,433,000.00 | 637,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 87,921,000.00 | -6,021,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 85,000.00 | -126,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 59,498,000.00 | -39,756,000.00 |
| Cash and cash equivalents | 11,273,000.00 | 70,770,000.00 | 31,014,000.00 |
Please note that some sums might not add up.
FR0014005SB3
LEI969500S7F4LVSHHUZB87
SectorElectrical Components & Equipment
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