Space Hellas, GRS402003008

Space Hellas issues EUR 5 million bond: what it means for Space Hellas stock

Published on 10/20/2026 at 12:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached EUR 77.90 million, up 8.21 percent year over year. Space Hellas stock was at EUR 7.78 on October 20, 2026.

Funding and operating figures

Space Hellas announced a EUR 5.00 million bond on October 1, 2026.
First-half 2026 revenue reached EUR 77.90 million, up 8.21 percent year over year.
Space Hellas stock trades at EUR 7.78 at 12:45 p.m. CEST at Lang & Schwarz on October 20, 2026.
Operating cash flow was minus EUR 4.50 million in the first half of 2026.

Space Hellas, GRS402003008, Illustration mit AI erstellt.

Space Hellas (ISIN GRS402003008) was trading at EUR 7.78 at Lang & Schwarz on October 20, 2026 at 12:45 p.m. CEST. The company announced a EUR 5.00 million bond on October 1, 2026, with a five-year term and working capital as its stated purpose, according to Euro2day.

Three financial markers since September

On September 30, 2026, Space Hellas reported consolidated revenue of EUR 77.90 million for the first half of 2026, compared with EUR 72.00 million in the first half of 2025. The company said this represented growth of 8.21 percent, while consolidated EBITDA remained at EUR 9.30 million, according to its Space Hellas release.

Also on September 30, 2026, the group reported first-half profit after tax of EUR 1.70 million, up from EUR 1.50 million a year earlier. Operating cash flow was minus EUR 4.50 million as invoicing increased receivables during the period, with management expecting collections to strengthen cash inflows in the second half of 2026, the company said in the same release.

What does the EUR 5 million bond fund?

The bond adds five-year financing for working capital rather than changing the reported operating trend. The latest figures show a widening gap between revenue growth and cash conversion: sales rose 8.21 percent year over year, while operating cash flow remained negative at EUR 4.50 million in the first half of 2026. That contrast gives the financing decision its clearest investor relevance.

The chronology is direct. On September 30, 2026, consolidated first-half revenue reached EUR 77.90 million, as reported by Space Hellas. On September 30, 2026, operating cash flow totaled minus EUR 4.50 million. On October 1, 2026, the company announced the EUR 5.00 million bond for working capital through Euro2day.

Stock stays at EUR 7.78

For investors, the next key test is whether receivables convert into operating cash during the second half of 2026. Space Hellas is listed on the Athens Exchange, and its technology business spans telecommunications, information technology and security solutions.

Space Hellas was trading at EUR 7.78 at Lang & Schwarz on October 20, 2026 at 12:45 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Space Hellas stock.