HomeRAP1V • HEL
add
Rapala VMC Oyj
Previous close
€1.89
Day range
€1.87 - €1.89
Year range
€1.86 - €3.33
Market cap
66.05M EUR
Avg Volume
25.46K
P/E ratio
-
Dividend yield
-
Primary exchange
HEL
Market news
Financials
Income Statement
Revenue
Net income
(EUR) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 60.25M | 2.21% |
Operating expense | 31.75M | -0.94% |
Net income | 2.35M | 527.27% |
Net profit margin | 3.90 | 519.35% |
Earnings per share | — | — |
EBITDA | 4.05M | -28.95% |
Effective tax rate | 31.88% | — |
Balance Sheet
Total assets
Total liabilities
(EUR) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 27.60M | 12.65% |
Total assets | 309.30M | -3.43% |
Total liabilities | 147.00M | -21.31% |
Total equity | 162.30M | — |
Shares outstanding | 38.88M | — |
Price to book | 0.56 | — |
Return on assets | 1.94% | — |
Return on capital | 2.40% | — |
Cash Flow
Net change in cash
(EUR) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 2.35M | 527.27% |
Cash from operations | 9.10M | -2.15% |
Cash from investing | 2.85M | 232.56% |
Cash from financing | -7.80M | 14.29% |
Net change in cash | 3.80M | 268.89% |
Free cash flow | 393.75K | -54.68% |
About
Rapala is a fishing product manufacturing company based in Finland. It was founded in 1936 by Lauri Rapala, who is credited for creating the world's first floating minnow lure carved from cork with a shoemaker's knife, covered with chocolate candy bar wrappers and melted photography film negatives, for a protective outer coating. His first fishing lure was created and designed for the purpose of catching pike. The floating minnow lure later, once the Rapala company was created, went on to become the first Rapala lure.
The company produces a similar lure today. The construction of the lure is similar to how they were originally built, with the exception that the core is made from balsa wood instead of cork, and the outer coating is now paint and lacquer. The original floating minnow, now called the No. 9 floater, is the company's most popular lure.
Rapala's lures are considered some of the world's leading baits and sold in 140 countries with Field & Stream ranking Rapala's Original Floating Minnow the third of the "best topwater lures ever created" in 2019.
Rapala's American subsidiary, Rapala USA, is based in Minnetonka, Minnesota. Wikipedia
Founded
1936
Website
Employees
1,358