Q1 revenue was DKK 24m, 22% below ABGSCe Guides for 10.
IPU ramp-up delayed: we cut '25e-'26e revenue by 44-33% UPF partnerships opens a large new segment Target of 50-60k units could imply P/E of...
'25 guidance ~50% below (likely due to delayed ramp-up of IPU volumes) One new design (~2k units), otherwise limited news Concl.
Q4 not likely to be a game-changer New design win with Dell opens large new segment Ambition of 50-60k units implies P/E of 3.
Q3 in line, limited news on design wins Reiterates target of 4-6 design wins in 2024 Ambition of 50-60k units implies P/E of 4.
Q3 results in-line, cash burn of DKK 27m Small new design win (~1k units), reiterates target of 4-6 design wins Limited news in the report, ...
We lower '24e revenue by 21%, but lift '26e by 18% 2nd IPU design win secured, pipeline continues to increase Ambition of 50-60k units impli...
Q2 revenue 29% below, won't meet '24 guidance Design win with SigmaX.
2024 likely to be back-end loaded Company still expects 3-5 more design wins in 2024 Guidance implies P/E of 4.
Q1 EBITDAC below on costs, reiterates FY'24 guidance Expect continued positive momentum New guidance implies EPS of NOK 4.
First IPU design win with Tier 1 server OEM We lift '26e EBIT by 111% New guidance implies P/E of 3.
We lower '24e revenue by 8%, but lift '26e by 28% '25-'26 ambition of 30-40k units implies EPS of NOK 3.
Q4: Strong GM, but EBITDAC 9% below Say new '24 design wins could add 30-40k units annually in '25/'26 Share likely to outperform today on o...
Potential for transformative design wins in next 12 months We forecast 40% revenue CAGR '24e-'26e If successful: our different scenarios imp...
EBITDAC DKK 18m above on higher GM and lower opex Reiterates FY'23 guidance (corresponding to +20% y-o-y growth) Still sees caution in IT in...
Sales continue to be affected by slowdown... ...but demand should come up in H2.
Challening market continues to affect sales Reiterates FY'23 guidance Product development in focus Q2: Sales 10% below ABGSC, EBITDAC above...
Lower demand continued to affect sales in Q2e Expect FY'23 sales at low end of guidance Fair value range of NOK 10-18 (10-19) Q2e: DKK 42m i...
Q1: Sales 9% above, gross profit 1% above Reiterates '23 guidance: 20% y-o-y growth on midpoint Recent design wins could start to materialis...
Expect DKK 34m in sales and EBITDAC of DKK -19m 2023 will be an important year for product development Fair value range of NOK 10-19 (10-20)...
Revenue significantly below our estimate in Q4... .
Expect DKK 51m in sales and EBITDAC of DKK -5m Looks set to reach new milestones in 2023 Fair value range of NOK 10-20 (13-18) Market likel...
Sales continue to be affected by a challenging market2022 sales guidance lowered by 11% - well below our estimate Strategic review: currentl...
Challenging year outweighed by record large order in ’23 Could play a role in further market consolidation Fair value range of NOK 13-18/sha...
Sales 37% below ABGSC, down 33% y-o-y Lower guidance somewhat outweighed by large ‘23 order Cons ’22 EBITDA down 25-35%, small changes to ‘2...
Sales 2% below and GM of 51% vs ABGSC at 70% Reiterates 2022 outlook with GM of 69-70% Expect small negative changes to 2022 consensus Sign...
Underlying y-o-y sales growth of 4% in Q2 Solid long-term ambitions, potential upside to estimates Peer EV/sales points to share price of NO...
Q2 sales 3% below, 4% underlying growth Reiterates FY guidance of 18-29% underlying sales growth Limited estimate changes expected Napatech ...
