Overview
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- TickerSHMD on Nasdaq1
- IndustryMisc Industrial & Commercial Machinery & Equipment1
- HeadquartersP71
- Incorporated inNetherlands2
- Business addressRobert-Bosch-Str. 32-36, Freudenstadt, 722502
- Filer category, Emerging growth company2
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Pegasus TopCo B.V. was incorporated as a Dutch private limited liability corporation ( besloten vennootschap met beperkte aansprakelijkheid ) on February 7, 2023, and converted to a Dutch public limited liability company ( naamloze vennootschap ) and renamed SCHMID Group N.V. on April 30, 2024. As part of the Business Combination, the Company changed its legal form to a public limited liability company ( naamloze vennootschap ). The address of the registered office of the Company is Robert-Bosch-Str. 32-36, 72250 Freudenstadt, Germany, and the telephone number of SCHMID is +49 7441 538 0.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in EUR, the currency the company reports in.
Key numbers, fiscal 2024
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Technical Equipment and Processes brought in 82% of the revenue SCHMID Group N.V. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Technical Equipment and Processes | 78.8M EUR | 78.7M EUR | 49.6M EUR | 54.4M EUR |
| Spare Parts and Services | 16.3M EUR | 11.5M EUR | 11.2M EUR | 11.9M EUR |
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue80¢48.8M EUR
- Research and development7¢4.0M EUR
- Other costs1¢867.0K EUR
- Interest9¢5.7M EUR
- Income tax2¢1.5M EUR
Out of 60.8M EUR in revenue.4 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | 66.9M EUR | 60.8M EUR | 90.2M EUR |
| Cost of sales | -50.9M EUR | -48.8M EUR | -63.8M EUR |
| Gross profit | 16.0M EUR | 12.0M EUR | 26.4M EUR |
| Selling expenses | -12.0M EUR | -12.9M EUR | -12.6M EUR |
| General administration expenses | -11.4M EUR | -11.8M EUR | -12.5M EUR |
| Research and development | -2.8M EUR | -4.0M EUR | -5.1M EUR |
| Other income | 12.2M EUR | 9.0M EUR | 16.0M EUR |
| Other expenses | -607.0K EUR | -2.6M EUR | -2.6M EUR |
| Listing expenses | -71.6M EUR | ||
| Reversal on impairment on financial assets | 20.0K EUR | 22.7M EUR | |
| Operating profit (loss) | 1.4M EUR | -81.8M EUR | 32.2M EUR |
| Finance income | 66.0K EUR | 1.9M EUR | 19.7M EUR |
| Finance expenses | -72.2M EUR | -5.7M EUR | -10.1M EUR |
| Financial result | -72.2M EUR | -3.8M EUR | 9.6M EUR |
| Share of loss from equity method investees | -406.0K EUR | -1.1M EUR | |
| Income (loss) before income tax | -71.1M EUR | -85.6M EUR | 40.7M EUR |
| Income tax benefit (expense) | 41.0K EUR | 1.5M EUR | -2.8M EUR |
| Net income (loss) for the period | -71.1M EUR | -84.1M EUR | 38.0M EUR |
| Exchange differences on translation of foreign business units | -1.2M EUR | 389.0K EUR | -1.6M EUR |
| Remeasurement of defined pension benefit obligation | 42.0K EUR | -44.0K EUR | 25.0K EUR |
| Income tax on remeasurement of defined pension benefit obligation | -12.0K EUR | 13.0K EUR | -7.0K EUR |
| Total items that will not be subsequently reclassified to profit or loss | 30.0K EUR | -31.0K EUR | 18.0K EUR |
| Other comprehensive income (loss) | -1.2M EUR | 358.0K EUR | -1.6M EUR |
| Total consolidated comprehensive income (loss) for the reporting period | -72.3M EUR | -83.7M EUR | 36.3M EUR |
| Owners of SCHMID | -71.0M EUR | -84.1M EUR | 36.9M EUR |
| Non-controlling interests | -58.0K EUR | 7.0K EUR | 1.1M EUR |
| Owners of SCHMID | -72.2M EUR | -83.8M EUR | 35.7M EUR |
| Non-controlling interests | -90.0K EUR | 65.0K EUR | 677.0K EUR |
| Basic earnings per share (in dollars) | -1.87 EUR | -2.41 EUR | 1.28 EUR |
| Diluted earnings per share (in dollars) | -1.87 EUR | -2.41 EUR | 1.28 EUR |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Intangible assets | 17.3M EUR | 14.9M EUR | ||
| Property, plant and equipment including right-of-use assets | 12.2M EUR | 13.1M EUR | ||
| Financial assets | 16.2M EUR | 135.0K EUR | ||
| Equity method investments | 1.0M EUR | 1.4M EUR | ||
| Deferred tax assets | 2.3M EUR | 2.7M EUR | ||
| Non-current assets | 49.1M EUR | 32.3M EUR | ||
| Inventories | 18.1M EUR | 15.7M EUR | ||
| Trade receivables and other receivables | 33.7M EUR | 38.2M EUR | ||
| Other current assets | 3.9M EUR | 3.1M EUR | ||
| Cash and cash equivalents | 1.6M EUR | 3.8M EUR | 5.7M EUR | 8.3M EUR |
| Current assets | 57.3M EUR | 60.8M EUR | ||
| Total assets | 106.3M EUR | 93.1M EUR | ||
| Subscribed capital | 431.0K EUR | 431.0K EUR | ||
| Capital reserves | 115.0M EUR | 114.4M EUR | ||
| Accumulated loss | -245.9M EUR | -174.9M EUR | ||
| Accumulated other comprehensive income (loss) | -2.3M EUR | -1.1M EUR | ||
| Equity attributable to owners of SCHMID | -132.7M EUR | -61.1M EUR | ||
| Non-controlling interest | 579.0K EUR | 668.0K EUR | ||
| Equity | -132.2M EUR | -60.4M EUR | -17.8M EUR | -54.3M EUR |
| Non-current financial liabilities | 71.5M EUR | 42.1M EUR | ||
| Post-employment benefits | 969.0K EUR | 978.0K EUR | ||
| Non-current provisions | 254.0K EUR | 345.0K EUR | 237.0K EUR | |
| Deferred tax liabilities | 2.0M EUR | 1.5M EUR | ||
| Non-current lease liability | 7.2M EUR | 8.2M EUR | ||
| Non-current liabilities | 81.9M EUR | 53.1M EUR | ||
| Current financial liabilities | 87.1M EUR | 40.4M EUR | ||
| Current contract liabilities | 13.6M EUR | 11.3M EUR | ||
| Trade and related party payables | 38.1M EUR | 28.2M EUR | ||
| Other current liabilities | 15.5M EUR | 17.5M EUR | ||
| Current lease liability | 1.4M EUR | 1.5M EUR | ||
| Current provisions | 415.0K EUR | 184.0K EUR | 973.0K EUR | |
| Income tax liabilities | 531.0K EUR | 1.4M EUR | ||
| Current liabilities | 156.6M EUR | 100.4M EUR | ||
| Total equity and liabilities | 106.3M EUR | 93.1M EUR |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Intangible assets | 17.3M EUR | 14.9M EUR | ||
| Property, plant and equipment including right-of-use assets | 12.2M EUR | 13.1M EUR | ||
| Financial assets | 16.2M EUR | 135.0K EUR | ||
| Equity method investments | 1.0M EUR | 1.4M EUR | ||
| Deferred tax assets | 2.3M EUR | 2.7M EUR | ||
| Non-current assets | 49.1M EUR | 32.3M EUR | ||
| Inventories | 18.1M EUR | 15.7M EUR | ||
| Trade receivables and other receivables | 33.7M EUR | 38.2M EUR | ||
| Other current assets | 3.9M EUR | 3.1M EUR | ||
| Cash and cash equivalents | 1.6M EUR | 3.8M EUR | 5.7M EUR | 8.3M EUR |
| Current assets | 57.3M EUR | 60.8M EUR | ||
| Total assets | 106.3M EUR | 93.1M EUR | ||
| Subscribed capital | 431.0K EUR | 431.0K EUR | ||
| Capital reserves | 115.0M EUR | 114.4M EUR | ||
| Accumulated loss | -245.9M EUR | -174.9M EUR | ||
| Accumulated other comprehensive income (loss) | -2.3M EUR | -1.1M EUR | ||
| Equity attributable to owners of SCHMID | -132.7M EUR | -61.1M EUR | ||
| Non-controlling interest | 579.0K EUR | 668.0K EUR | ||
| Equity | -132.2M EUR | -60.4M EUR | -17.8M EUR | -54.3M EUR |
| Non-current financial liabilities | 71.5M EUR | 42.1M EUR | ||
| Post-employment benefits | 969.0K EUR | 978.0K EUR | ||
| Non-current provisions | 254.0K EUR | 345.0K EUR | 237.0K EUR | |
| Deferred tax liabilities | 2.0M EUR | 1.5M EUR | ||
| Non-current lease liability | 7.2M EUR | 8.2M EUR | ||
| Non-current liabilities | 81.9M EUR | 53.1M EUR | ||
| Current financial liabilities | 87.1M EUR | 40.4M EUR | ||
| Current contract liabilities | 13.6M EUR | 11.3M EUR | ||
| Trade and related party payables | 38.1M EUR | 28.2M EUR | ||
| Other current liabilities | 15.5M EUR | 17.5M EUR | ||
| Current lease liability | 1.4M EUR | 1.5M EUR | ||
| Current provisions | 415.0K EUR | 184.0K EUR | 973.0K EUR | |
| Income tax liabilities | 531.0K EUR | 1.4M EUR | ||
| Current liabilities | 156.6M EUR | 100.4M EUR | ||
| Total equity and liabilities | 106.3M EUR | 93.1M EUR |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) from continued operations | -71.1M EUR | -84.1M EUR | 38.0M EUR |
| Income tax expense (benefit) | -41.0K EUR | -1.5M EUR | 2.8M EUR |
| Financial result | 72.2M EUR | 3.8M EUR | -8.5M EUR |
| Depreciation and amortization | 4.8M EUR | 7.9M EUR | 6.9M EUR |
| Net loss (gain) from the disposal of intangibles and PP&E | 3.0K EUR | -133.0K EUR | -602.0K EUR |
| Reversal of impairments of financial assets, net | -20.0K EUR | -22.7M EUR | |
| Other non-cash (income) expenses | -5.0M EUR | -1.4M EUR | 182.0K EUR |
| Change in equity method investments (non-cash) | 405.0K EUR | ||
| Change in non-current financial assets (non-cash) | -8.5M EUR | ||
| Listing expense | 71.6M EUR | ||
| Non-cash effects | -3.4M EUR | ||
| Changes in trade and other receivables | 3.7M EUR | -3.6M EUR | -6.7M EUR |
| Changes in inventories | -2.0M EUR | 619.0K EUR | 8.2M EUR |
| Change in trade and related party payables | 10.0M EUR | 5.1M EUR | -6.8M EUR |
| Change in provisions | 132.0K EUR | -598.0K EUR | 382.0K EUR |
| Taxes received (paid), net | 54.0K EUR | -302.0K EUR | -1.2M EUR |
| Cash provided by (used in) operating activities | 1.2M EUR | -2.6M EUR | 9.9M EUR |
| Purchases of intangible assets and property, plant and equipment | -6.4M EUR | -5.1M EUR | -6.9M EUR |
| Receipts from sale and leaseback transaction | 8.9M EUR | ||
| Proceeds from sale (purchases) of financial assets, net | 123.0K EUR | -4.0K EUR | |
| Payment for loan to shareholder | 70.0M EUR | ||
| Proceeds from disposal of a subsidiary | 1.0M EUR | ||
| Interest received | 7.0K EUR | 61.0K EUR | |
| Cash used in (provided by) investing activities | -6.2M EUR | -4.1M EUR | 72.0M EUR |
| Proceeds from debt financing | 7.6M EUR | 3.1M EUR | |
| Payments for debt financing | -2.3M EUR | -264.0K EUR | -81.9M EUR |
| Proceeds from business combination | 14.4M EUR | ||
| Payment of lease liabilities | -1.5M EUR | -1.5M EUR | -715.0K EUR |
| Interest paid | -899.0K EUR | -853.0K EUR | -2.0M EUR |
| Change in restricted cash | 59.0K EUR | -30.0K EUR | 917.0K EUR |
| Transaction with minority shareholder | -10.9M EUR | ||
| Cash (used in) provided by financing activities | 2.9M EUR | 4.0M EUR | -83.7M EUR |
| Net increase (decrease) in cash and cash equivalents | -2.1M EUR | -2.7M EUR | -1.8M EUR |
| Effect of foreign exchange rate changes on cash and cash equivalents | -162.0K EUR | 755.0K EUR | -824.0K EUR |
No quarter-by-quarter statement was filed.
Corporate structure
SCHMID Group N.V. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of SCHMID Group N.V.
- Anette Schmid Filed SCHEDULE 13D/A on SCHMID Group N.V., latest Jul 8, 2026 (6 filings since May 13, 2024)
- XJ Harbour HK Ltd Filed SCHEDULE 13D/A on SCHMID Group N.V., latest May 12, 2026 (3 filings since Feb 11, 2026)
- SCHMID Group N.V. P7
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What SCHMID Group N.V. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | 5.3M EUR4 Dec 31, 2024 | 5.7M EUR4 Dec 31, 2023 | −7.4% |
| Operating-lease assets (leased space) | 7.8M EUR4 Dec 31, 2024 | 9.1M EUR4 Dec 31, 2023 | −13.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | 3.8M EUR4 Dec 31, 2024 | 5.7M EUR4 Dec 31, 2023 | −33.6% |
| Long-term investments | 135.0K EUR4 Dec 31, 2024 | 140.0K EUR4 Dec 31, 2023 | −3.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | 14.9M EUR4 Dec 31, 2024 | 15.0M EUR4 Dec 31, 2023 | −0.2% |
Inventory
Leadership
Who has led SCHMID Group N.V., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerChristian Mathias Schmid Mar 31, 2026 to now7
- Chief financial officerArthur Josef Hermann Schuetz May 21, 2026 to now8
- Chief operating officerHelmut Rauch Mar 27, 2026 to now9
Board members and other officers (6)
- Board memberAnette Schmid Mar 18, 2026 to now10
- Board memberAnnedore Streyl Mar 18, 2026 to now11
- Board memberBoo Keun Yoon Mar 18, 2026 to now12
- Board memberStefan Berger Mar 18, 2026 to now13
- Board memberRalf Speth Mar 26, 2026 to now14
- Board memberChristian Mathias Schmid Mar 31, 2026 to now7
Former names
- Pegasus TopCo B.V.Sep 26, 2023 to Apr 22, 20242
Timeline
- Mar 31, 2026New chief executive Christian Mathias Schmid becomes CEO7
Filings
145 filings to the SEC since October 2021: 3 annual reports, 30 insider forms, 9 large holders, 103 other. The latest 20:
- Oct 2, 20264 PRIMARY DOCUMENT EDGAR
- Oct 1, 20264 PRIMARY DOCUMENT EDGAR
- Oct 1, 2026424B3 EDGAR
- Oct 1, 2026424B3 EDGAR
- Oct 1, 2026424B3 EDGAR
- Oct 1, 2026424B3 EDGAR
- Sep 30, 2026EFFECT EDGAR
- Sep 30, 2026EFFECT EDGAR
- Sep 30, 2026EFFECT EDGAR
- Sep 30, 2026EFFECT EDGAR
- Sep 29, 2026POS AM EDGAR
- Sep 29, 2026POS AM EDGAR
- Sep 29, 2026POS AM EDGAR
- Sep 29, 2026POS AM EDGAR
- Sep 22, 2026POS AM EDGAR
- Sep 22, 2026POS AM EDGAR
- Sep 22, 2026POS AM EDGAR
- Sep 22, 2026POS AM EDGAR
- Sep 8, 20264 PRIMARY DOCUMENT EDGAR
- Aug 31, 20264 PRIMARY DOCUMENT EDGAR
The 145 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
5 open-market trades by officers, directors and large owners since October 2021: 3 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 2, 2026 | Speth RalfDirector | Buy | 33,000 | $3.05 | $100.7K | Form 4 |
| Aug 31, 2026 | Speth RalfDirector | Buy | 35,000 | $3.25 | $113.8K | Form 4 |
| Aug 30, 2026 | Schmid AnetteDirector | Buy | 69,000 | $3.16 | $218.0K | Form 4 |
| Jun 18, 2026 | Streyl AnnedoreDirector | Sale | 11,350 | $6.35 | $72.1K | Form 4 |
| Jun 18, 2026 | Streyl AnnedoreDirector | Sale | 11 | $6.35 | $72 | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Anette SchmidSCHEDULE 13D/A, 6 filings May 13, 2024 to Jul 8, 202615
- XJ Harbour HK LtdSCHEDULE 13D/A, 3 filings Feb 11, 2026 to May 12, 202616
SEC filer profile
How SCHMID Group N.V. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSCHMID Group N.V.1
- CIK0001987240
- Filer statusNon-accelerated filer an emerging growth company; not a shell company3
- Incorporated inNetherlands3
- Fiscal year endsDecember 311
- Industry code (SIC)3590 Misc Industrial & Commercial Machinery & Equipment1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business addressRobert-Bosch-Str. 32-36, Freudenstadt, 72250, Germany1
- Phone44 73 84 24 79981
- Shares outstanding43,062,427 shares as of Dec 31, 20253
- AuditorKPMG AG, Stuttgart, Germany PCAOB ID 1021; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceSep 26, 20231
- Filings145 in all: 4 (15), 424B3 (14), 6-K (14), CORRESP (14), EFFECT (12), UPLOAD (11), POS AM (10), 3 (9)1
All 25 form types
SCHEDULE 13D/A (7), F-1 (5), F-4/A (5), 4/A (4), F-1/A (4), 144 (3), 20-F (3), NT 20-F (3), 3/A (2), 425 (2), SD (2), 8-A12B (1), CERT (1), F-4 (1), S-8 (1), SC 13D (1), SCHEDULE 13D (1)
- Latest filingsAnnual report (20-F) May 15, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary Shares, par value €0.01 per share | SHMD | Nasdaq |
| Redeemable Warrants, eachexercisable for one OrdinaryShare at an exercise price of $11.50per share | SHMDW | Nasdaq |
From the cover page of the 20-F filed May 15, 2026 (Section 12(b) of the Exchange Act).3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10SEC EDGARAnette Schmid, Board member
- 11SEC EDGARAnnedore Streyl, Board member
- 12SEC EDGARBoo Keun Yoon, Board member
- 13SEC EDGARStefan Berger, Board member
- 14SEC EDGARRalf Speth, Board member
- 15
- 16