Interim report
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THE ART OF HERMETICPACKAGES Defense/Aerospace Personal Safety Mobility & Industry QUARTERLY STATEMENT Q1 2026/2027 April 1, to June 30, 2026
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electrovac AG | Quarterly Statement Q1 2026/2027 “We started the 2026/2027 fiscal year with a clearly positive earnings trend and a strong order backlog. The Aerospace & Defense and Industrials segments, in particular, recorded high order intake and the book-to-bill ratio of 2.30 is well above revenue levels. This continues the positive trend from the previous fiscal year. At the same time, thanks to our successful initial public offering in April 2026, we are well-positioned to open a new chapter for the electrovac Group and to consistently pursue our growth strategy.” Dieter Thumfart CEO of electrovac AG STRONG START TO FISCAL YEAR 2026/2027 Revenue rose by 12.0% to EUR 31.5 million, while EBIT increased by 11.0% to EUR 3.2 million.
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electrovac AG | Quarterly Statement Q1 2026/2027 3 | (in EUR million) June 30, 2026 March 31, 2026 Total assets 120.2 93.8 Equity 82.0 51.7 Equity ration (in %) 68.2 55.1 Cash and cash equivalents 25.8 2.1 Employees (number. average)2 557 545 KEY FIGURES AT A GLANCE Financial position and results of operations (in EUR million) Q1 2026/2027 Q1 2025/2026 Revenue 31.5 28.1 EBIT 3.2 2.8 Adjusted EBIT1 5.4 2.8 Operating cash flow -0.7 0.6 Adjusted operating cash flow1 1.5 0.6 Cash flow from investing activities -1.7 -0.4 Net assets 1 Adjusted for one-time IPO costs 2 full-time equivalents, including temporary staff Earnings, financial position, and assets and liabilities • Revenue developed as planned in the first quarter of fiscal year 2026/2027, rising by 12.0% to EUR 31.5 million (previous year: EUR 28.1 million). • EBIT also showed positive growth, increasing by 11.0% to EUR 3.2 million (previous year: EUR 2.8 million). EBIT, adjusted for one-time IPO costs, nearly doubled to EUR 5.4 million. This was primarily driven by improved operating performance combined with a stable cost-of-materials ratio and a less pronounced increase in fixed costs. • The trend in other income and expenses is primarily driven by foreign exchange gains and losses. • Since April 30, 2026, electrovac AG has been listed on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange. • The initial public offering generated gross proceeds of EUR 29.95 million for the company, significantly improving its equity base and liquidity. • Cash and cash equivalents increased significantly as of the reporting date to EUR 25.8 million (March 31, 2026: EUR 2.1 million). • The equity ratio as of June 30, 2026, was 68.2% (March 31, 2026: 55.1%). • Operating cash flow—adjusted for IPO costs—amounted to EUR 1.5 million (previous year: EUR 0.6 million). Cash flow from investing activities developed as planned at EUR -1.7 million and reflects investments in the expansion of international production capacity.
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4 | electrovac AG | Quarterly Statement Q1 2026/2027 Europe United States Asia/Far East Other thereof Germany Gross revenue (in EUR k) REVENUE BREAKDOWN BY ECONOMIC REGION for the period from April 1, 2026, to June 30, 2026 58.5% 14.9% 10.0% 29.4% 2.1% Q1 2025/2026 28,076 Q1 2026/2027 31,455 55.0% 15.2% 12.9% 28.5% 3.6% Other • Continuity on the Management Board: The Supervisory Board of electrovac AG has extended CEO Dieter Thumfart’s contract through March 31, 2031. • Forecast for the full year 2026/2027 confirmed: For the full year, the electrovac Group expects revenue between EUR 120 million and EUR 130 million and EBIT between EUR 11.0 million and EUR 12.0 million. Adjusted for IPO costs, the EBIT forecast ranges from EUR 13.0 millionto EUR 14.0 million.
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Income Statement 5 | electrovac AG | Quarterly Statement Q1 2026/2027 (in EUR k) Q1 2026/2027 Q1 2025/2026 1. Revenue 31,455 28,076 2. Cost of sales -23,555 -22,358 3. Gross profit on revenue 7,901 5,718 4. Selling expenses -1,043 -1,041 5. Administrative expenses -1,462 -1,182 6. Research and development expenses -332 -282 7. Other income and expenses 357 -376 8. Adjusted EBIT 5,422 2,837 9. IPO costs -2,272 0 10. EBIT 3,150 2,837 11. Financial result -433 -422 12. Profit before tax 2,717 2,415 13. Income tax -1,022 -535 14. Consolidated net profit 1,696 1,880 Earnings per share (basic/diluted) in EUR 0.11 0.12 thereof electrovac AG shareholders 0.11 0.12 INCOME STATEMENT for the period from April 1, 2026, to June 30, 2026
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Consolidated Balance Sheet 6 | electrovac AG | Quarterly Statement Q1 2026/2027 ASSETS June 30, 2026 EUR k March 31, 2026 EUR k Non-current assets Property, plant, and equipment 24,496 23,716 Goodwill 7,735 7,735 Intangible assets 2,377 2,453 Right-of-use assets 5,802 6,076 Non-current financial assets 138 139 Investment property 827 845 Deferred tax assets 691 153 42,066 41,116 Current assets Inventories 37,108 35,910 Trade receivables 13,144 11,240 Current other reveivables and assets 2,073 3,367 Cash and cash equivalents 25,777 2,119 78,101 52,637 Total assets 120,168 93,753 EQUITY AND LIABILITIES June 30, 2026 EUR k March 31, 2026 EUR k Equity Subscribed capital 16,000 12,160 Capital reserve 42,088 17,355 Other revenues -316 -322 Net retained profit 24,187 22,492 81,959 51,684 Non-current liabilities Non-current financial liabilities 5,000 5,267 Non-current lease liabilities 7,769 8,097 Non-current employee-related provisions 2,170 2,146 Deferred tax liabilities 195 262 15,134 15,772 Current liabilities Current financial liabilities 6,459 7,853 Current lease liabilities 1,513 1,513 Current other provisions 706 706 Trade payables 4,711 6,652 Income tax liabilities 2,367 1,703 Other current liabilities 7,319 7,871 23,075 26,296 Total equity and liabilities 120,168 93,753 CONSOLIDATED BALANCE SHEET as of June 30, 2026
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7 | electrovac AG | Quarterly Statement Q1 2026/2027 FINANCIAL CALENDAR 2026/2027 Important dates for shareholders and analysts October 28, 2026 Annual General Meeting 2026 End of November 2026 Publication of the Half-Year Financial Report 2026/2027 November, 23/24 2026 German Equity Forum (Deutsches Eigenkapitalforum), Frankfurt Mid-February 2027 Publication of the Q3 2026/2027 Quarterly Statement IMPRINT/CONTACT CONTACT electrovac AG Anglstraße 4 94121 Salzweg Germany Phone +49 851 491-0 Fax +49 851 491-119 Email info@electrovac.com https://www.electrovac.com INVESTOR RELATIONS iron AG Frederic Hilke, Jonas Schneider, Karolin Bistrovic Phone +49 (0) 221-914097-12 Email ir@electrovac.com IMAGE CREDITS All images are from the electrovac Group. Some of the images were edited with the help of AI.