Metacon Q3'24: Approaching a new era of larger deliveries
Metacon’s Q3 results were mixed, with revenue aligning with our expectations while costs were significantly higher, reflecting the company’s preparations for larger-scale deliveries. With short-term funding soon in check, Metacon can focus on fulfilling the large-scale order from Motor Oil, with clear signs of progress expected to be visible next year. However, given the uncertainty of whether the company will continue to receive larger orders regularly and at what profitability level, the forecast risks remain high.
Metacon
Metacon is an energy technology company that develops and sells small and large energy systems for the production of hydrogen, electricity and heat. The company was founded in 2011 and has patented technology for the production of hydrogen gas from biogas or other hydrocarbons. The range consists, for example, of gas stations and larger CHP systems. The company has its headquarters in Örebro.
Read more on company pageKey Estimate Figures20/11
2023 | 24e | 25e | |
---|---|---|---|
Revenue | 60.1 | 56.6 | 274.4 |
growth-% | -5.84 % | -5.85 % | 384.98 % |
EBIT (adj.) | -62.7 | -106.6 | -44.7 |
EBIT-% (adj.) | -104.29 % | -188.41 % | -16.28 % |
EPS (adj.) | -0.20 | -0.08 | -0.04 |
Dividend | 0.00 | 0.00 | 0.00 |
Dividend % | |||
P/E (adj.) | - | - | - |
EV/EBITDA | - | - | - |