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Leclanche SA
(LSE:LECN)
Leclanche SA (LECN) vs. iShares MSCI Switzerland ETF (EWL)
Leclanche SA Business Overview & Revenue Model
Leclanche SA Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.70M | 17.36M | 17.20M | 17.97M | 18.93M | 21.64M |
| Gross Profit | -16.74M | -1.31M | 2.40M | -45.14M | -41.30M | -54.72M |
| EBITDA | -54.75M | -49.63M | -46.20M | -51.50M | -62.42M | -61.83M |
| Net Income | -57.46M | -67.67M | -67.53M | -85.55M | -79.97M | -78.22M |
Balance Sheet | ||||||
| Total Assets | 116.44M | 108.94M | 106.05M | 90.82M | 89.68M | 73.23M |
| Cash, Cash Equivalents and Short-Term Investments | 1.94M | 5.17M | 2.81M | 1.36M | 2.87M | 1.77M |
| Total Debt | 121.56M | 50.17M | 95.95M | 97.25M | 73.98M | 48.08M |
| Total Liabilities | 199.60M | 152.74M | 160.81M | 148.25M | 116.54M | 95.65M |
| Stockholders Equity | -84.72M | -44.93M | -57.41M | -57.42M | -26.86M | -22.41M |
Cash Flow | ||||||
| Free Cash Flow | -50.79M | -48.54M | -61.43M | -53.32M | -57.23M | -53.00M |
| Operating Cash Flow | -39.93M | -39.06M | -45.25M | -46.51M | -51.92M | -45.37M |
| Investing Cash Flow | -18.48M | -9.43M | -15.34M | -6.28M | -5.75M | -9.78M |
| Financing Cash Flow | 58.13M | 50.92M | 62.10M | 51.29M | 59.17M | 55.36M |
Leclanche SA Technical Analysis
Leclanche SA Peers Comparison
Leclanche SA Corporate Events
Leclanché SA held its ordinary General Meeting in 2025, where shareholders approved key financial restructuring initiatives, including converting CHF 17.7 million of liabilities into equity, which strengthens the company’s balance sheet and positions it for growth in electromobility. The meeting also saw the re-election of board members and approval of a capital increase, enhancing the company’s strategic flexibility and commitment to sustainable growth.
The most recent analyst rating on (CH:LECN) stock is a Sell with a CHF0.28 price target. To see the full list of analyst forecasts on Leclanche SA stock, see the CH:LECN Stock Forecast page.
Leclanché SA has announced an amendment to its Board of Directors’ proposal for a capital increase at the upcoming general meeting. The proposal involves increasing the company’s share capital by CHF 11,287,676.20 through an ordinary capital increase, with the issue price set within a specific range to align with the SEF Convertible Loan Agreements. This move is aimed at improving the company’s financial situation by converting debt into equity, which is expected to strengthen its balance sheet without providing additional advantages to SEF.
The most recent analyst rating on (CH:LECN) stock is a Sell with a CHF0.28 price target. To see the full list of analyst forecasts on Leclanche SA stock, see the CH:LECN Stock Forecast page.
Leclanché SA’s majority shareholder, SEF-LUX, intends to propose the appointment of two new members, Jean-Michel Pacaud and Raphaël Houillon, to the company’s Board of Directors at the upcoming Annual General Meeting. This move aims to enhance the board’s expertise in governance, strategic transactions, private equity, and operational restructuring, positioning Leclanché for sustainable growth and strengthening its corporate governance.
The most recent analyst rating on (CH:LECN) stock is a Sell with a CHF0.28 price target. To see the full list of analyst forecasts on Leclanche SA stock, see the CH:LECN Stock Forecast page.
Leclanché has been selected to receive a grant from the EU Innovation Fund as part of an 852 million euro investment in six innovative projects for electric vehicle battery production across Europe. The company’s project, which involves expanding its plant in Willstätt, Germany, to scale water-based and PFAS-free cell production, was recognized for its high quality and technological maturity. This selection underscores Leclanché’s strategic importance in advancing sustainable manufacturing processes and supports Europe’s transition to a clean and competitive industrial base.
The most recent analyst rating on (CH:LECN) stock is a Sell with a CHF0.28 price target. To see the full list of analyst forecasts on Leclanche SA stock, see the CH:LECN Stock Forecast page.
Leclanché SA has announced its upcoming General Meeting scheduled for August 5, 2025, where significant financial restructuring measures will be discussed. The Board of Directors proposes converting CHF 18.0 million of debt into company shares to improve the balance sheet, reflecting ongoing efforts to address liquidity challenges and strengthen financial stability.
The most recent analyst rating on (CH:LECN) stock is a Sell with a CHF0.28 price target. To see the full list of analyst forecasts on Leclanche SA stock, see the CH:LECN Stock Forecast page.
Leclanché SA published its 2024 Annual Report and ESG Report, showing a consolidated revenue of CHF 18.4 million and a reduced net loss of CHF 67.7 million. The company strengthened its balance sheet by converting CHF 84.7 million of debt into equity and plans further conversions. A patronage agreement and a strategic collaboration with Pinnacle International Venture Capital aim to support expansion and financial resilience. The ESG report highlights progress in emissions reduction and sustainability initiatives, aligning with key regulations and enhancing stakeholder engagement.
The most recent analyst rating on (CH:LECN) stock is a Sell with a CHF0.28 price target. To see the full list of analyst forecasts on Leclanche SA stock, see the CH:LECN Stock Forecast page.
Leclanché has introduced its certified Navius MRS-3 Marine Rack System at the Electric & Hybrid Marine Expo Europe 2025 in Amsterdam, a key event for the maritime industry’s shift towards electrification. The Navius MRS-3, designed for high energy density and safety, supports hybrid and fully electric ship applications, helping reduce emissions and improve fuel efficiency. The system’s certification by Lloyd’s Register, Bureau Veritas, and DNV underscores its compliance with top industry standards, positioning Leclanché as a leader in maritime decarbonization efforts.
Leclanché SA has commenced series production of its Navius MRS-3 Marine Rack Systems, a significant advancement in maritime energy storage designed to meet the increasing demand for emission-free ship solutions. The Navius MRS-3, certified by leading maritime safety organizations, offers high energy density and modular scalability, playing a crucial role in the shipping industry’s shift towards hybrid and fully electric drives, thus enhancing Leclanché’s market position in sustainable maritime technology.
Leclanché SA has received type approval for its Navius MRS-3 marine rack system from Lloyd’s Register and Bureau Veritas, confirming its compliance with high safety and performance standards. This approval enhances Leclanché’s reputation as a reliable energy storage provider in the maritime sector, supporting shipowners in decarbonizing fleets and meeting emission regulations.
Leclanché SA has been granted a temporary exemption from the obligation to publish its 2024 annual report by the issuer committee, with a new deadline set for June 30, 2025. This decision follows an earlier extension and results in the continued suspension of trading in Leclanché’s shares until the report is published. The company is focused on maintaining a positive equity position and ensuring operational continuity, with ongoing efforts to secure long-term financing of up to 360 million Swiss francs to expand production capacities and enhance working capital. The annual general meeting is planned for August 2025, with invitations to be sent after the report’s publication.
Leclanché SA will showcase its latest innovation, the Navius MRS-3, at Nor-Shipping 2025 in Oslo. This modular marine rack system is designed to help shipowners decarbonize their fleets and comply with stricter emission regulations, offering a future-proof solution with high energy density and flexibility. The exhibition highlights Leclanché’s commitment to advancing maritime energy solutions, potentially enhancing its market position and stakeholder value in the maritime sector.
Leclanché SA has announced a delay in the publication of its 2024 annual report and a temporary suspension of its registered shares on the SIX Swiss Exchange due to ongoing financial restructuring efforts. The company is implementing measures to address its financial challenges, including subordination agreements, debt conversion to equity, and securing bridge financing, to ensure its operational continuity and long-term sustainability.