MARKETS / US / SGBAF
US · COMMUNICATIONS SERVICES, NEC · SMALL CAP

SES S.a. SGBAF

3 fiscal years on record · EUR · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
€2.6B
▲ 31.3% vs FY2024
EPS · FY25
Dividend / sh · FY25
Payout · FY25
-25%
ROE · FY25
-3.1%
Net margin · FY25
-3.6%
Dividend coverage
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Result
EUR 2.6B
Revenue, FY2025 · full 3-year series below
Revenue Net income
0.81.62.43.22.6-0.120232025
0.81.62.43.22.6-0.120232025

The company lost 4 cents on every revenue dollar this year.

Per share
Diluted EPS, FY2025
EPS
0.40.81.220232025
0.40.81.220232025

The company pays no cash dividend.

Profitability
-3.1%
Return on equity, FY2025
ROE
0.250.50.751-3.1%20232025
0.250.50.751-3.1%20232025
Operating margin2.4%
Net margin-3.6%
Return on assets-0.8%

Each EUR of equity lost 3 cents this year.

Returned to shareholders
EUR 24.0M
returned in FY2025 · dividends + net buybacks
Dividends paidEUR 24.0M
Net buybacks
Share of profit-25.3%
Consecutive raises

EUR 24.0M in dividends went back to shareholders in a year without profit.

Growth
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
EUR 13.4B
total assets, end of FY2025
Total assetsEUR 13.4B
EquityEUR 2.6B
CashEUR 1.1B
Current ratio0.87×

Equity funds 20% of total assets.

History
3 fiscal years
Every figure from documents filed with the SEC · EUR
Metric
2025
2024
2023
Revenue €B
2.6
2.0
2.0
Operating income €B
0.1
0.1
−0.7
EBITDA €B
·
·
·
Income tax €B
−0.0
0.1
0.2
Net income €B
−0.1
0.0
−0.9
EPS, diluted €
·
·
·
Dividend / sh €
·
·
·
Payout %
−25
240
−24
ROE %
−3.1
0.4
·
Shares out B
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
4 of 4
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed