“At the end of the reporting period, the group’s cash and other financial assets totaled 29.5 million euros (30.0 million euros on Dec 31, 2025). Financial assets have been invested primarily in low-risk investments and short-term deposits.”
In addition, operating cash flow for H1 has been 1.2M EUR.
Some investments have been made, even though the CAPEX is not disclosed. Hopefully, they will increase Gumi’s volumes and profitability sensibly. The cash position is inefficient, and there is still no information on how it will be used. They have missed out on quite a lot of alternative returns by hoarding cash for years. In my opinion, this is not entirely hindsight.