XETRA · Technology
Invest in aconnic stock from India
Indian and foreign residents can buy aconnic (CFC) shares directly through Paasa.
By Paasa · Updated
aconnic at a glance
- Price
- €0.45-€0.00 (0.44%)
- Market cap
- €7.34M
- Day range
- €0.45 – €0.45
- P/E
- -0.87
- Dividend yield
- None
- Volume
- 52.00
- 1 month
- -5.04%
- 6 months
- -27.68%
- YTD
- +6.60%
- 1 year
- -34.49%
- 5 years
- -50.33%
aconnic statements, FY2020–FY2024
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | €48.0M | €72.7M | €49.0M | €41.7M | €30.2M |
| Gross profit | €19.5M | €14.3M | €22.3M | €9.9M | €18.2M |
| Operating income | −€6.9M | €13.3M | €1.8M | €2.6M | €1.8M |
| Net income | −€8.5M | −€1.2M | −€1.2M | €18.3K | −€3.0M |
| Earnings per share | −€0.52 | −€0.08 | −€0.08 | €0.00 | −€0.20 |
| EBITDA | −€3.3M | €6.5M | €4.3M | €5.8M | €589.0K |
| Total assets | €50.5M | €53.9M | €49.1M | €48.6M | €48.3M |
| Total debt | €934.6K | €523.4K | €615.2K | €701.6K | €1.6M |
| Cash and short-term investments | €1.0M | €4.2M | €2.5M | €3.6M | €5.0M |
| Shareholders' equity | €147.6K | €1.4M | €2.5M | €3.6M | €2.8M |
| Operating cash flow | €2.7M | €7.0M | €646.0K | €3.2M | −€2.5M |
| Free cash flow | €1.8M | €4.1M | −€77.0K | €412.0K | −€6.8M |
| Capital expenditure | −€937.0K | −€2.9M | −€723.0K | −€2.8M | −€4.3M |
Fiscal years as reported, the latest ending 31 Dec 2024. Figures in EUR; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| LIBERO Football Finance | TUF.F | €0.17 | €6.86M |
| Binect | MA10.DE | €1.80 | €5.79M |
| tokentus investment | 14D.DE | €0.62 | €5.18M |
| coinIX GmbH & Co. KGaA | XCX.DU | $1.19 | $3.65M |
| GreenMerc AB (publ) | L5L.F | €0.13 | €2.66M |
| BIGG Digital Assets | 7111.F | €0.04 | €1.97M |
| DWK Deutsche Wasserkraft | T7RA.HM | $0.73 | $1.76M |
| iFunded | ILK1.SG | €0.61 | €1.12M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in aconnic from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search CFC and buy
Find aconnic by name or by its ticker, CFC, and place your order.
Why invest in aconnic from India
What aconnic does
aconnic AG specializes in delivering advanced wired and wireless communication technologies. The company's offerings encompass comprehensive broadband communication and energy management systems. aconnic operates in the Communication Equipment industry within the Technology sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy aconnic stock from India?
Yes. Indian residents and NRIs can buy aconnic (CFC) shares directly through Paasa. aconnic is listed on XETRA, in the Communication Equipment industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell aconnic shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the EUR/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.