The New Germany Fund (GF) Financials: History & Chart

The New Germany Fund, Inc. (GF)GFThe New Germany Fund, Inc.

About The New Germany Fund, Inc.

The New Germany Fund Inc. functions as a closed-ended equity investment vehicle, originally established by Deutsche Investment Management Americas Inc. and currently overseen by Deutsche Asset Management International GmbH. Its primary objective is to allocate capital within the public stock markets of Germany, seeking out opportunities in shares of companies operating across a diverse range of industries. The fund predominantly focuses its investments on small and mid-capitalization (SMC) firms. To assess its portfolio's returns, the fund utilizes the Midcap Market Performance Index as its benchmark. This fund was founded on January 16, 1990, and is legally registered in Germany.

Frankfurt Am Main, NY

fundsus.dws.com

Financial Services / Asset Management

Sector: Financial Services
Industry: Asset Management
CEO: Linda Lonneberg

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Dec 2025	Quarter ended Jun 2025	Quarter ended Dec 2024	Quarter ended Jun 2024	Quarter ended Dec 2023	Quarter ended Jun 2023	Quarter ended Dec 2022	Quarter ended Jun 2022
Revenue	12.32M	9.66M	3.29M	-3.69M	3.05M	138K	3.44M	343K	3.17M
Cost of Goods Sold	2.69M	1.04M	0.00	803K	843K	0.00	0.00	0.00	0.00
Gross Profit	10.47M	8.62M	3.29M	-4.49M	3.05M	138K	3.44M	343K	3.17M
Gross Profit Margin	85.0%	89.2%	100.0%	121.8%	100.0%	100.0%	100.0%	100.0%	100.0%
Total Operating Expenses	22.58M	18.16M	1.20M	2.03M	1.18M	1.19M	18.81M	2.22M	107.65M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	4.44M	25K	1.20M	2.03M	1.18M	1.19M	1.24M	1.22M	1.39M
Operating Income (EBIT)	-12.10M	-9.54M	2.09M	-6.52M	1.87M	-1.05M	2.20M	-876K	1.78M
Operating Margin	-98.3%	-98.8%	63.4%	176.8%	61.2%	-761.3%	63.9%	-255.2%	56.2%
Income Before Tax (EBT)	21.65M	-9.48M	65.02M	-6.54M	-27.35M	1.78M	22.25M	-1.88M	-104.48M
Interest Income	416K	416K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Income/Expense	33.76M	59K	62.94M	-19K	-29.22M	2.83M	20.05M	-1.00M	-106.26M
Net Income	35.33M	-9.48M	65.02M	-6.54M	-13.68M	1.78M	22.25M	-1.88M	-104.48M
Income Tax Expense	-13.68M	0.00	0.00	0.00	-13.68M	0.00	0.00	0.00	0.00
Net Profit Margin	286.8%	-98.2%	1975.6%	177.3%	-447.9%	1290.9%	647.3%	-547.3%	-3300.0%
EBITDA	-11.21M	-9.54M	2.09M	-5.63M	1.87M	0.00	2.20M	0.00	1.78M
EBITDA Margin	-91.0%	-98.8%	63.4%	152.7%	61.2%	0.0%	63.9%	0.0%	56.2%
Depreciation & Amortization	891K	0.00	0.00	891K	0.00	1.05M	0.00	876K	0.00
EPS Basic	2.19	-0.59	4.02	-0.40	-0.84	0.09	1.30	-0.11	-5.94
EPS Diluted	2.19	-0.59	4.02	-0.40	-0.84	0.09	1.30	-0.11	-5.94
Shares Outstanding	16.18M	16.18M	16.18M	16.18M	16.30M	33.55M	34.21M	34.78M	35.14M
Diluted Shares Outstanding	16.18M	16.18M	16.18M	16.18M	16.30M	33.55M	34.21M	34.78M	35.14M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	3.14M	3.24M	3.58M	-3.45M	92.60M	48.12M	80.19M	-66.54M
Cost of Goods Sold	1.92M	0.00	0.00	1.86M	3.20M	2.63M	2.43M	3.06M
Gross Profit	1.22M	3.24M	3.58M	-5.30M	89.40M	45.49M	77.76M	-69.59M
Gross Profit Margin	38.9%	100.0%	100.0%	153.9%	96.5%	94.5%	97.0%	104.6%
Total Operating Expenses	-54.09M	2.26M	2.43M	1.33M	1.65M	3.20M	1.25M	1.63M
Research & Development	N/A	N/A	N/A	30.86	N/A	N/A	6.81	N/A
Selling, General & Administrative	1.23M	2.26M	2.43M	1.33M	1.65M	1.33M	1.25M	1.63M
Operating Income (EBIT)	55.31M	980K	1.14M	-106.36M	9.19M	-425K	78.94M	-68.17M
Operating Margin	1763.5%	30.2%	32.0%	3086.3%	9.9%	-0.9%	98.4%	102.4%
Income Before Tax (EBT)	55.54M	-20.21M	24.03M	-106.36M	9.19M	97.49M	78.94M	-68.17M
Interest Income	3.71M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Income/Expense	234K	-21.19M	22.89M	3K	-3K	97.49M	0.00	0.00
Net Income	55.54M	-20.21M	24.03M	-106.36M	9.19M	97.49M	78.94M	-68.17M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-161K
Net Profit Margin	1771.0%	-623.1%	672.2%	3086.3%	9.9%	202.6%	98.4%	102.4%
EBITDA	55.31M	980K	1.14M	-106.36M	9.75M	0.00	78.94M	-68.17M
EBITDA Margin	1763.5%	30.2%	32.0%	3086.3%	10.5%	0.0%	98.4%	102.4%
Depreciation & Amortization	0.00	0.00	0.00	0.00	559K	425K	0.00	0.00
EPS Basic	3.43	1.23	1.39	-6.40	0.59	6.28	4.99	-4.38
EPS Diluted	3.43	1.23	1.39	-6.40	0.59	6.28	4.99	-4.35
Shares Outstanding	16.18M	16.18M	17.29M	16.62M	15.53M	15.52M	15.82M	15.56M
Diluted Shares Outstanding	16.18M	16.18M	17.29M	16.62M	15.53M	15.52M	15.82M	15.67M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.