One Year Public: 10 Highlights of NCTE AG’s First Year on the Stock Exchange
This month, NCTE AG is celebrating a significant anniversary: one year on the Munich Stock Exchange in the m:access mid-cap segment. In its first year of trading, NCTE AG has achieved significant growth goals and made crucial progress in technology, sustainability, and business development. From new product launches to record sales, we look back at the 10 most important highlights of our first year on the stock market.
1. NCTE AG Goes Public
The journey began in October 2023 when NCTE AG was officially listed on the Munich Stock Exchange. This step marked a milestone in the company’s history by providing NCTE with access to the capital market, which is expected to further accelerate the company’s growth. NCTE’s sensor systems are revolutionizing industries such as e-mobility, agriculture, and Industry 4.0, opening up new opportunities worldwide.
2. Introduction of the Investor Relations Newsletter
Shortly after the successful IPO, NCTE introduced its Investor Relations newsletter to keep shareholders and potential investors informed about the latest developments, milestones, and plans. This newsletter is published in German and offers an exclusive insight into what NCTE is planning for the future. It strengthens the relationship with investors and demonstrates the company’s transparency.
3. Innovation at Agritechnica 2023
NCTE showcased its sensor technology for the first time at Agritechnica, the world’s leading trade fair for agricultural machinery. Our contactless torque sensors enable precise measurement and create a more sustainable and efficient agriculture. Trade fair visitors had the chance to experience NCTE’s innovative contribution to the digitization of agriculture live, further establishing the company as a leading player in “Smart Agriculture.”
4. Record Results for Fiscal Year 2023
The year 2023 brought financial record results for NCTE. Driven by successes in the e-bike and off-highway segments, revenue exceeded 6 million euros for the first time. The net profit also reached its highest level in the past five years. The board and employees celebrated this success and see great potential for future developments. This milestone underscores NCTE’s ability to thrive in a challenging market environment.
5. First ESG Rating
In 2023, NCTE AG received an ESG rating from the renowned Asset Impact GmbH for the first time. The company achieved a “very good” in all three areas of “Environment”, “Social” and “Governance” and thus an overall rating of “very sustainable” – the highest level on the ESG scale. This award reflects NCTE’s commitment to pursuing long-term sustainability goals while offering investors an attractive, sustainable business model.
6. Publication of the First Annual Report
One of the highlights of the trading year was the publication of NCTE’s first annual report as a listed company. Spanning over 60 pages, the report provides a transparent overview of the company’s financial development and sustainability efforts in 2023. Investors and stakeholders receive a well-founded basis for their decisions. The report is available in both German and English in printed form and on the company’s website.
7. Presentation at the Munich Capital Market Conference
At the Munich Capital Market Conference, the key event for small and medium-sized enterprises in southern Germany, NCTE presented its latest technological innovations and business model. This event provided an important platform for engaging with institutional investors and financial analysts and making new contacts. NCTE used the opportunity to further strengthen its position in the capital market.
8. First Annual General Meeting as a Listed Company
In 2023, NCTE AG held its first Annual General Meeting as a listed company at its headquarters in Oberhaching. With 83.3% of the voting capital represented, all proposed resolutions were unanimously approved by the shareholders. During the AGM, the company reflected on a successful year with record revenues and planned the next steps for its long-term growth strategy.
9. Executive Duo: Appointment of Sebastian Müller as CFO
In June 2024, Sebastian Müller was appointed Chief Financial Officer of NCTE AG alongside CEO Jürgen Uebbing. With his experience in finance and his successful support during the IPO, he will play a central role in the company’s international growth. Jürgen Uebbing highlighted Sebastian Müller’s close collaboration and reliability, noting that he has been part of the NCTE team since 2022.
10. NCTE at Eurobike 2024
At Eurobike 2024, NCTE presented two new sensor innovations in e-bike technology: HubSense and MidSense. HubSense is NCTE’s first e-bike sensor with simultaneous measurement on both pedals. The modular sensor system for e-bike mid-motors, MidSense, was updated to optionally offer a digital output signal directly on the board. The innovative sensor solutions underscore NCTE’s commitment to the future of sustainable mobility and set new standards in e-bike technology.
Conclusion
The first year on the stock market was challenging but also highly successful for NCTE AG. The highlighted achievements demonstrate the significant progress the company has made in technology, sustainability, and business development. With a strong focus on innovation and a clear vision for the future, NCTE looks forward optimistically to the coming years as a publicly traded company and is well-positioned to continue driving sustainable growth and technological advancements.