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ONON · NYSERubber & Plastics Footwear · Fiscal year ends Dec 31 · Reports in CHF
Net income was CHF 204M. Operating cash flow of CHF 360M less capital expenditure of CHF 73M left free cash flow of CHF 287M.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cost of revenue | CHF 294M | CHF 537M | CHF 725M | CHF 913M | CHF 1.1B |
| Gross profit | CHF 430M | CHF 685M | CHF 1.1B | CHF 1.4B | CHF 1.9B |
| Research & development | CHF 5M | CHF 8M | CHF 9M | CHF 10M | CHF 11M |
| Selling, general & admin | CHF 571M | CHF 600M | CHF 887M | CHF 1.2B | CHF 1.5B |
| Operating income | −CHF 141M | CHF 85M | CHF 180M | CHF 212M | CHF 377M |
| Interest expense | CHF 4M | CHF 6M | CHF 11M | CHF 23M | CHF 30M |
| Pre-tax income | −CHF 160M | CHF 78M | CHF 69M | CHF 280M | CHF 205M |
| Income tax | CHF 11M | CHF 20M | −CHF 11M | CHF 37M | CHF 2M |
| Net income | −CHF 170M | CHF 58M | CHF 80M | CHF 242M | CHF 204M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | CHF 653M | CHF 371M | CHF 495M | CHF 924M | CHF 1B |
| Inventory | CHF 134M | CHF 396M | CHF 357M | CHF 419M | CHF 420M |
| Current assets | CHF 965M | CHF 1.1B | CHF 1.2B | CHF 1.8B | CHF 2B |
| Net PP&E | CHF 34M | CHF 77M | CHF 94M | CHF 127M | CHF 149M |
| Total assets | CHF 1.2B | CHF 1.4B | CHF 1.6B | CHF 2.4B | CHF 2.8B |
| Current liabilities | CHF 205M | CHF 243M | CHF 306M | CHF 660M | CHF 724M |
| Shareholders' equity | CHF 848M | CHF 970M | CHF 1.1B | CHF 1.4B | CHF 1.6B |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | CHF 17M | −CHF 227M | CHF 232M | CHF 511M | CHF 360M |
| Capital expenditure | CHF 25M | CHF 60M | CHF 43M | CHF 61M | CHF 73M |
| Free cash flow | −CHF 8M | −CHF 287M | CHF 189M | CHF 450M | CHF 287M |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating income growth (YoY) | – | – | 111.8% | 17.4% | 78.2% |
| Return on equityBlank when equity is negative | −20.1% | 6.0% | 7.4% | 17.4% | 12.5% |
| ROCEEBIT ÷ (assets − current liabilities) | −13.7% | 7.5% | 14.0% | 12.3% | 17.9% |
| Cash conversion (CFO ÷ net income) | −0.10x | −3.93x | 2.92x | 2.11x | 1.76x |
| Inventory days | 166 | 269 | 180 | 168 | 137 |
| Interest cover | −39.2x | 13.3x | 15.9x | 9.16x | 12.7x |
| Current ratio | 4.71x | 4.33x | 3.77x | 2.66x | 2.71x |
Recent filings
More in Rubber & Plastics Footwear
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.