We believe OXE Marine hit an air pocket in Q2, recording its lowest sales volumes in five years.
OXE Marine’s Q2 sales were significantly weaker than we expected.
OXE Marine has just completed two directed share issues raising SEK60 million.
This morning, OXE Marine announced a raise of SEK60m, which includes a directed share issue and conversion of outstanding loans totaling SEK...
As preliminary sales figures were already disclosed, the report did not offer any big surprises.
OXE Marine published preliminary sales figures for Q4 which were significantly lower than we expected.
OXE Marine has signed a new financing agreement securing a total of SEK49m to facilitate the transfer from BMW to GM powertrains.
OXE Marine just announced a development agreement with GM Marine for the next generation of OXE outboards.
Redeye is making some downward adjustments to our estimates and valuation, following the Q3 report and no major orders announced lately.
Redeye expected a bit more from the Q3 report which showed lower sales and earnings than we anticipated.
Redeye makes rather small, but positive, changes to our financial forecasts on the back of strong Q2 numbers.
Redeye is happy to see OXE Marine beating our forecasts across the board.
Redeye sees good progress in the Q1 report in terms of execution with higher deliveries, healthy gross margins and lower Opex.
Redeye is encouraged to see solid financial performance in Q1, showing good growth, improving gross margins and costs well contained.
Redeye is making rather small changes to its forecasts following the Q4 report.
Redeye was hoping for slightly higher Q4 numbers, but quarterly variations are not unusual.
Redeye is very pleased to see that OXE Marine has received another major order from the US Government.
Redeye resumes coverage of OXE Marine following its major debt restructuring and equity boost.
Redeye is hoping for a swift and robust solution to OXE Marine’s financial predicament.
Redeye was hoping for higher sales in the second quarter.
Redeye’s near-term forecasts are now a little lower, following a rather slow run-up to the year.
Redeye was hoping for higher top-line growth. But Q1 is historically a slow quarter, and we don’t know how much of OXE Marines order backlog...
Redeye is now more cautious on the very near-term outlook, despite Q4 sales at a new ATH.
Redeye is pleased to see a major boost in sales numbers and solid gross margins in Q4, which marked a new record level for OXE Marine.
Redeye is glad to see that OXE Marine managed to raise ~SEK30m in a directed share issue.
Redeye remains confident on the case, following solid Q3 numbers and the two recent Government contract wins.
Redeye is happy to see firm top-line growth around 20%, coupled with clearly higher gross margins than expected.
Redeye is growing more confident on the case following last Friday’s announcement of a significant order from a US Governmental Agency.
Redeye is happy to see that OXE Marine is awarded a new major contract for OXE300 outboards from the Philippines Coast Guard.
Redeye is encouraged by the improved sales in Q2. Also, gross margins were at healthy levels of 30%, when adjusting for inventory write-down...
Redeye’s estimates are basically in line with reported numbers, when adjusting for non-recurring items.
Redeye is encouraged to see that OXE Marine has received another order from the US Defense Logistics Agency.
Redeye is rather surprised to hear about the sudden change of CEO.
Redeye expected a stronger Q1 performance indeed. Warranty issues still haunted the company and sales in the Propulsion segment were again r...
Redeye expected significantly stronger Q1 numbers from OXE Marine.
Redeye was hoping for a much stronger Q4 report and so did OXE Marine.
Redeye was hoping for a much stronger Q4, and so did OXE Marine too.
Redeye is quite surprised by the news that OXE Marine has developed the OXE Hybrid 450, a new diesel electric 450 horsepower outboard.
Redeye provides a brief comment on the directed share issue, providing OXE Marine with SEK70m.
Redeye remains optimistic about OXE Marine following the Q3 report.
Redeye sees a couple of bright spots in the Q3 report, such as a new record level for sales of Parts & Accessories and a solid improvement i...
Redeye views the Q2 report as confirmation that OXE Marine is making good progress.
Redeye is happy to see solid sales growth, in line with our expectations, in the second quarter.
Redeye remains confident that OXE Marine is on the right track.
Redeye was hoping for a bit more in terms of sales given the strong growth trend during the second half of last year.
Redeye is increasingly more optimistic about OXE Marine’s future prospects, following the merger with its US distributor Diesel Outboards an...
Redeye’s expectation on Q4 results were only slightly higher than reported numbers.
Redeye sees no big drama in the news announced last week.
Redeye is growing somewhat more confident in the case as OXE Marine sees continued good progress in the ramp-up of production through the se...
Redeye is encouraged by solid gross margins and clearly lower Opex than we expected.
