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Euronext Paris · Healthcare

Invest in genOway stock from India

Indian and foreign residents can buy genOway (ALGEN) shares directly through Paasa.

By Paasa · Updated

genOway at a glance

Price
€2.36-€0.04 (1.67%)
Market cap
€29.13M
Day range
€2.36 – €2.38
P/E
30.45
Dividend yield
None
Volume
4.79K
1 month
-4.07%
6 months
-5.60%
YTD
-12.92%
1 year
-25.79%
5 years
-46.73%

Live chart and statistics

genOway statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue€21.0M€22.1M€20.0M€17.1M€14.0M
Gross profit€10.2M−€1.9M€18.8M−€1.3M−€3.7M
Operating income€669.4K€1.8M€2.1M€949.8K−€4.6M
Net income€928.0K€1.8M€1.6M€777.8K−€322.6K
Earnings per share€0.07€0.19€0.17€0.09−€0.04
EBITDA€5.0M€3.9M€6.4M€536.8K−€1.9M
Total assets€45.4M€31.8M€31.8M€32.9M€32.5M
Total debt€13.8M€5.6M€7.2M€9.0M€10.8M
Cash and short-term investments€7.1M€5.0M€4.3M€4.9M€5.6M
Shareholders' equity€25.0M€18.6M€17.4M€16.2M€14.7M
Operating cash flow−€1.4M€5.4M€3.1M€2.4M−€561.3K
Free cash flow−€12.4M€3.0M€1.3M€438.6K−€2.8M
Capital expenditure−€10.9M−€2.4M−€1.8M−€1.9M−€2.3M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in EUR; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Valerio TherapeuticsALVIO.PA€0.56€279.69M
THX PharmaALTHX.PA€3.40€49.08M
NicoxALCOX.PA€0.33€32.52M
ValbiotisALVAL.PA€0.70€24.84M
GenSight BiologicsSIGHT.PA€0.12€20.02M
Aelis FarmaAELIS.PA€0.92€12.54M
AdvicenneALDVI.PA€0.72€10.49M
PoxelPOXEL.PA€0.18€9.46M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in genOway from India

  1. 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.

  2. 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.

  3. Step 3

    Search ALGEN and buy

    Find genOway by name or by its ticker, ALGEN, and place your order.

Why invest in genOway from India

What genOway does

genOway S.A. is a global biotechnology enterprise that specializes in the creation, production, commercialization, and distribution of custom genetically engineered mouse, rat, and cell line models. The company develops bespoke mouse models, including knockout (KO) and knock-in (KI) types, along with customized rat models featuring constitutive and conditional KO, point mutation KI, and rapid KI options. genOway operates in the Biotechnology industry within the Healthcare 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 genOway stock from India?

Yes. Indian residents and NRIs can buy genOway (ALGEN) shares directly through Paasa. genOway is listed on Euronext Paris, in the Biotechnology 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 genOway 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.

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