Q4 revenues disappoint amid shift towards larger projects
Metacon’s Q4 revenues came in markedly lower than expected. According to Metacon, the decrease in revenue was primarily due to changes in the company’s sales focus that were implemented during the period. We had hoped to receive an update regarding previously announced projects to gain better visibility into the timing and likelihood of these projects materializing, as these projects underpin our near-term estimates. However, no such update was provided and the continued low visibility into these projects and future projects creates further downward pressure on our estimates. Hence, we continue to see the stock’s short-term drivers and risk/reward ratio as insufficient.
Metacon
Metacon är ett energiteknikbolag som utvecklar och säljer små och stora energisystem för produktion av vätgas, el och värme. Bolaget grundades 2011 och innehar patenterad teknologi för produktion av vätgas från biogas eller andra kolväten. Utbudet består exempelvis av tankstationer samt större kraftvärmesystem. Bolaget har sitt huvudkontor i Örebro.
Read more on company pageKey Estimate Figures02/04
2023 | 24e | 25e | |
---|---|---|---|
Omsättning | 60,1 | 115,4 | 236,5 |
tillväxt-% | −5,84 % | 91,94 % | 105,00 % |
EBIT (adj.) | −62,7 | −62,1 | −45,2 |
EBIT-% | −104,29 % | −53,87 % | −19,10 % |
EPS (adj.) | −0,20 | −0,10 | −0,07 |
Utdelning | 0,00 | 0,00 | 0,00 |
Direktavkastning | |||
P/E (just.) | - | - | - |
EV/EBITDA | - | - | - |