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Euronext Paris · Healthcare

Invest in SpineGuard stock from India

Indian and foreign residents can buy SpineGuard (ALSGD) shares directly through Paasa.

By Paasa · Updated

SpineGuard at a glance

Price
€0.09-€0.00 (1.11%)
Market cap
€8.62M
Day range
€0.09 – €0.09
P/E
-3.77
Dividend yield
None
Volume
256.33K
1 month
-16.04%
6 months
-22.61%
YTD
-11.88%
1 year
-2.20%
5 years
-92.94%

Live chart and statistics

SpineGuard statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue€3.8M€4.6M€4.3M€5.6M€4.4M
Gross profit€3.0M€3.6M€3.4M€4.5M€3.4M
Operating income−€1.7M−€3.1M−€4.0M−€1.7M−€1.3M
Net income−€2.1M−€3.1M−€4.2M−€2.4M−€1.7M
Earnings per share−€0.02−€0.06−€0.11−€0.07−€0.06
EBITDA−€1.4M−€2.7M−€3.5M−€1.3M−€812.5K
Total assets€8.4M€8.2M€11.0M€11.5M€11.9M
Total debt€1.5M€2.5M€3.1M€3.8M€4.5M
Cash and short-term investments€1.7M€719.3K€3.9M€4.1M€5.2M
Shareholders' equity€5.5M€3.9M€6.0M€5.1M€5.0M
Operating cash flow−€1.0M−€2.3M−€3.6M−€1.8M−€1.5M
Free cash flow−€1.2M−€2.7M−€3.8M−€2.2M−€1.9M
Capital expenditure−€115.3K−€369.0K−€166.9K−€458.2K−€367.6K

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
Mauna Kea TechnologiesALMKT.PA€0.14€26.44M
BiosynexALBIO.PA€0.84€15.45M
Euromedis GroupeALEMG.PA€5.00€14.28M
TME PharmaALTME.PA€0.10€9.74M
AMAALAMA.PA€0.16€8.30M
Media LabMLLAB.PA€2.48€5.88M
Plant Advanced TechnologiesALPAT.PA€4.24€4.83M
PredilifeALPRE.PA€1.02€4.00M

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

How to invest in SpineGuard 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 ALSGD and buy

    Find SpineGuard by name or by its ticker, ALSGD, and place your order.

Why invest in SpineGuard from India

What SpineGuard does

SpineGuard S.A. specializes in the global design, development, and commercialization of advanced medical instruments for surgical procedures. Their product line includes various PediGuard probes: the Straight probe for precise screw placement; the Curved probe, featuring a tapered tip to facilitate easier pedicle penetration; and the Cannulated probe, engineered to help surgeons minimize radiation exposure during minimally-invasive operations. SpineGuard operates in the Medical - Devices 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 SpineGuard stock from India?

Yes. Indian residents and NRIs can buy SpineGuard (ALSGD) shares directly through Paasa. SpineGuard is listed on Euronext Paris, in the Medical - Devices 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 SpineGuard 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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