This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsAzelio（4AZ）株式概要Azelio AB (publ) manufactures and supplies Stirling engine-based renewable energy solutions in Sweden. 詳細4AZ ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長5/6過去の実績0/6財務の健全性3/6配当金0/6報酬収益は年間114.96%増加すると予測されています リスク分析キャッシュランウェイが1年未満である German市場と比較して、過去 3 か月間の株価の変動が非常に大きい過去1年間で株主の希薄化は大幅に進んだ すべてのリスクチェックを見る4AZ Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.0370.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-857m691m2016201920222025202620282031Revenue SEK 690.9mEarnings SEK 59.1mAdvancedSet Fair ValueView all narrativesAzelio AB (publ) 競合他社2G EnergySymbol: XTRA:2GBMarket cap: €984.0mPNESymbol: XTRA:PNE3Market cap: €776.8mEnergiekontorSymbol: XTRA:EKTMarket cap: €690.6mNordexSymbol: XTRA:NDX1Market cap: €10.2b価格と性能株価の高値、安値、推移の概要Azelio過去の株価現在の株価US$0.0352週高値US$0.6752週安値US$0.0052ベータ0.621ヶ月の変化-2.91%3ヶ月変化300.00%1年変化-94.63%3年間の変化-98.44%5年間の変化n/aIPOからの変化-96.69%最新ニュースBoard Change • Jul 14Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Pär Nuder was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Jul 04Azelio AB (Publ) Announces Resignation of Gustaf Albèrt as CFOAzelio AB (publ) announced that Gustaf Albèrt has chosen to end his position as CFO. Gustaf will remain in his current role during the notice period until a replacement is in place. The recruitment process for a new CFO will commence immediately.お知らせ • Jun 30Azelio AB (Publ) Announces Decline in Re-Election of Elaine Weidman Grunewald as Board MemberThe Nomination Committee's proposal for resolutions for the Annual General Meeting of Azelio AB (publ) on 30 June 2023 was published through the notice of the Annual General Meeting published on 30 May 2023. As the Board member proposed by the Nomination Committee, Elaine Weidman Grunewald, has announced that she declines re-election, the Nomination Committee has decided to withdraw its proposal in this part.Reported Earnings • Jun 02First quarter 2023 earnings released: kr0.36 loss per share (vs kr1.13 loss in 1Q 2022)First quarter 2023 results: kr0.36 loss per share (improved from kr1.13 loss in 1Q 2022). Net loss: kr114.5m (loss narrowed 12% from 1Q 2022). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany.Reported Earnings • Jun 02First quarter 2023 earnings released: kr0.36 loss per share (vs kr1.13 loss in 1Q 2022)First quarter 2023 results: kr0.36 loss per share (improved from kr1.13 loss in 1Q 2022). Net loss: kr114.5m (loss narrowed 12% from 1Q 2022). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany.Reported Earnings • Feb 26Full year 2022 earnings released: kr3.23 loss per share (vs kr3.23 loss in FY 2021)Full year 2022 results: kr3.23 loss per share (in line with FY 2021). Net loss: kr496.7m (loss widened 36% from FY 2021). Revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany.最新情報をもっと見るRecent updatesBoard Change • Jul 14Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Pär Nuder was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Jul 04Azelio AB (Publ) Announces Resignation of Gustaf Albèrt as CFOAzelio AB (publ) announced that Gustaf Albèrt has chosen to end his position as CFO. Gustaf will remain in his current role during the notice period until a replacement is in place. The recruitment process for a new CFO will commence immediately.お知らせ • Jun 30Azelio AB (Publ) Announces Decline in Re-Election of Elaine Weidman Grunewald as Board MemberThe Nomination Committee's proposal for resolutions for the Annual General Meeting of Azelio AB (publ) on 30 June 2023 was published through the notice of the Annual General Meeting published on 30 May 2023. As the Board member proposed by the Nomination Committee, Elaine Weidman Grunewald, has announced that she declines re-election, the Nomination Committee has decided to withdraw its proposal in this part.Reported Earnings • Jun 02First quarter 2023 earnings released: kr0.36 loss per share (vs kr1.13 loss in 1Q 2022)First quarter 2023 results: kr0.36 loss per share (improved from kr1.13 loss in 1Q 2022). Net loss: kr114.5m (loss narrowed 12% from 1Q 2022). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany.Reported Earnings • Jun 02First quarter 2023 earnings released: kr0.36 loss per share (vs kr1.13 loss in 1Q 2022)First quarter 2023 results: kr0.36 loss per share (improved from kr1.13 loss in 1Q 2022). Net loss: kr114.5m (loss narrowed 12% from 1Q 2022). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany.Reported Earnings • Feb 26Full year 2022 earnings released: kr3.23 loss per share (vs kr3.23 loss in FY 2021)Full year 2022 results: kr3.23 loss per share (in line with FY 2021). Net loss: kr496.7m (loss widened 36% from FY 2021). Revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany.Reported Earnings • Feb 26Full year 2022 earnings released: kr3.23 loss per share (vs kr3.23 loss in FY 2021)Full year 2022 results: kr3.23 loss per share (in line with FY 2021). Net loss: kr496.7m (loss widened 36% from FY 2021). Revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany.お知らせ • Feb 10Azelio AB Appoints Gustaf Albèrt as CFOGustaf Albèrt has been appointed new CFO of Azelio AB and will take up his position on April 12, 2023. At the same time, Eva Ramström, who has been acting CFO since June 2022, returns to her role as Finance manager.On April 12, 2023, Gustaf Albèrt will take over as CFO of Azelio. Gustaf comes to Azelio from a role as CFO and Deputy CEO of Isofol Medical AB. Prior to that, Gustaf has, among other things, been CEO of Elanders Sverige AB.Breakeven Date Change • Dec 16Forecast to breakeven in 2024The analyst covering Azelio expects the company to break even for the first time. New forecast suggests losses will reduce by 63% per year to 2023. The company is expected to make a profit of kr16.1m in 2024. Average annual earnings growth of 83% is required to achieve expected profit on schedule.お知らせ • Dec 10+ 3 more updatesAzelio AB (publ) to Report Fiscal Year 2022 Final Results on Apr 13, 2023Azelio AB (publ) announced that they will report fiscal year 2022 final results at 9:00 AM, Central European Standard Time on Apr 13, 2023お知らせ • Dec 01Azelio AB (publ), Annual General Meeting, May 11, 2023Azelio AB (publ), Annual General Meeting, May 11, 2023.Reported Earnings • Nov 19Third quarter 2022 earnings released: kr0.98 loss per share (vs kr0.79 loss in 3Q 2021)Third quarter 2022 results: kr0.98 loss per share (further deteriorated from kr0.79 loss in 3Q 2021). Revenue: kr11.1m (down 64% from 3Q 2021). Net loss: kr113.7m (loss widened 24% from 3Q 2021). Revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Electrical industry in Germany.Breakeven Date Change • Nov 16No longer forecast to breakevenThe 2 analysts covering Azelio no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr219.9m in 2024. New consensus forecast suggests the company will make a loss of kr237.0m in 2024.お知らせ • Oct 20Azelio AB (publ) has completed a Composite Units Offering.Azelio AB (publ) has completed a Composite Units Offering. Security Name: Units Security Type: Equity/Derivative Unit Securities Offered: 28,969,259 Price\Range: SEK 10.36 Transaction Features: Regulation S; Rights Offering; Rule 144AReported Earnings • Aug 19Second quarter 2022 earnings released: kr1.19 loss per share (vs kr0.87 loss in 2Q 2021)Second quarter 2022 results: kr1.19 loss per share (down from kr0.87 loss in 2Q 2021). Revenue: kr25.3m (down 33% from 2Q 2021). Net loss: kr137.5m (loss widened 37% from 2Q 2021). Over the next year, revenue is forecast to grow 197%, compared to a 17% growth forecast for the Electrical industry in Germany.お知らせ • Aug 18Azelio AB (publ) to Report Fiscal Year 2022 Results on Feb 24, 2023Azelio AB (publ) announced that they will report fiscal year 2022 results on Feb 24, 2023お知らせ • Jun 14Azelio Appoints Heads for All Target MarketsAzelio AB (publ) has appointed Hans Svanbom as Regional Director United States. Hans, who joined Azelio in 2021, has a long background in IT and telecoms. With this appointment, Azelio has nominated Regional Directors for all of its target markets. Azelio recently decided to initially focus its sales and marketing to four target markets, selected on the basis that the company there can offer customers particularly strong business cases. These markets are the United States, Australia, the MENA region (Middle East and Africa) and southern Africa. The other regional directors that have been appointed are Florian Naumann for Australia, Eren Engur for MENA, and Reinhardt Labuschagne for southern Africa. An important task for the regional directors is to secure a local infrastructure that can prepare, install and maintain projects. For the USA, Azelio has initiated a process to adapt the product to the American market.お知らせ • Jun 07Azelio Announces CFO ChangesFredrik Wäppling, who has been Azelio's CFO since 2020, is leaving Azelio. Eva Ramström takes over as acting CFO. Azelio and Fredrik Wäppling have agreed that Fredrik's position as the company's CFO will end. As of June 7, 2022, Eva Ramström takes over as acting CFO. Until June 7, 2022, Eva has been Azelio's Finance manager and thus knows the company and the business very well. She has the understanding of the company's goals, plans, and challenges, as well as the right skills and experience, which guarantees a rapid start, maintained continuity, and efficiency in the work. The process to nominate a permanent CFO starts immediately.Reported Earnings • May 12First quarter 2022 earnings released: kr1.13 loss per share (vs kr0.61 loss in 1Q 2021)First quarter 2022 results: kr1.13 loss per share (down from kr0.61 loss in 1Q 2021). Revenue: kr27.8m (down 31% from 1Q 2021). Net loss: kr130.3m (loss widened 100% from 1Q 2021). Over the next year, revenue is forecast to grow 154%, compared to a 11% growth forecast for the industry in Germany.Breakeven Date Change • Apr 27No longer forecast to breakevenThe 3 analysts covering Azelio no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr219.9m in 2024. New consensus forecast suggests the company will make a loss of kr131.0m in 2024.Reported Earnings • Apr 15Full year 2021 earnings released: kr3.23 loss per share (vs kr2.04 loss in FY 2020)Full year 2021 results: kr3.23 loss per share (down from kr2.04 loss in FY 2020). Revenue: kr149.8m (up 17% from FY 2020). Net loss: kr365.9m (loss widened 90% from FY 2020). Over the next year, revenue is forecast to grow 68%, compared to a 12% growth forecast for the industry in Germany.お知らせ • Apr 12Azelio AB (publ) Announces Carol M. Browner Declines Re-Election as Board MemberAzelio AB (publ) at its annual general meeting to be held on May 12, 2022, announced that it was noted that Carol M. Browner declined re-election as a board member.Breakeven Date Change • Apr 06No longer forecast to breakevenThe 3 analysts covering Azelio no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr219.9m in 2024. New consensus forecast suggests the company will make a loss of kr131.0m in 2024.お知らせ • Mar 30Azelio AB Announces CEO ChangesThe Board of Directors of Azelio AB has appointed Jonas Wallmander as its new Chief Executive Officer. Jonas Wallmander joined Azelio in 2011 and has been Executive Vice President and part of the Executive Team since 2017. He assumes his new position with immediate effect, replacing Jonas Eklind. Jonas Wallmander has worked in the energy sector since 2005 where he has gained extensive know-how in the field of renewable energy. He was initially recruited to Azelio in 2011 as Chief Operating Officer (then known as Cleanergy), and over the years he has been responsible for large projects and production build-up as well as taking part in project funding, among other things. In his role as Executive Vice President in the Executive Team, Jonas has been responsible for operational and product-related work as well as strategic business development. Jonas Wallmander replaces Jonas Eklind as CEO of Azelio with immediate effect.お知らせ • Mar 28Azelio AB (publ) to Install U.S. Certification Project for its Long-Duration Energy Storage ProductAzelio AB announced that it wiwill install a U.S. certification project for its TES.POD product, a long-duration energy storage solution. The certification project will be conducted in Baton Rouge, LA, in conjunction with MMR Group, an electrical engineering and construction company, based in Baton Rouge. The certification will ensure that the TES.POD product is compliant with U.S. standards. The storage units will be shipped from Azelio's factory in Sweden in April to MMR for adaptation to the U.S. standards before installing the certification project in early fall. The use of solar energy is growing globally, with an increasing number of governments and companies using solar-based electricity and heat, with the limitation that it is available when the sun is shining. Azelio's stores solar energy, or energy from other sources, as heat in recycled aluminum and converts the energy into electricity and usable heat at a low cost around-the-clock. The TES.POD system performance is validated by leading certification company DNV. In addition to the certification, the TES.POD will also be used by MMR Group to demonstrate its capabilities to its customers, and to train its staff on the installation and operational processes of the long-duration energy storage system. The certification project is an important step in Azelio's ambition to expand into the U.S. market. MMR Group is an industry leader in instrumentation and electrical construction, maintenance, and technical services, based in the U.S. and with a global footprint of customers.Reported Earnings • Feb 26Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: kr3.23 loss per share (down from kr2.04 loss in FY 2020). Revenue: kr151.7m (up 19% from FY 2020). Net loss: kr365.9m (loss widened 90% from FY 2020). Revenue missed analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 163%, compared to a 15% growth forecast for the industry in Germany.Breakeven Date Change • Dec 23No longer forecast to breakevenThe 2 analysts covering Azelio no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr161.6m in 2023. New consensus forecast suggests the company will make a loss of kr56.8m in 2023.お知らせ • Dec 23Azelio's Energy Storage System TES.POD is Validated by DNVAzelio has been running a verification project of its energy storage system TES.POD during a long period of time. Within the project, leading certification body DNV was appointed to carry out an independent validation of the system. As part of the validation, DNV has performed a due diligence of Azelio's technology, production, R&D and test facilities. DNV h as also taken p art of a significant amount of operational data relating to production and storage capacity, system efficiency and response times. Azelio has now received a validation report from DNV which shows that the system performs in all aspects according to the technical performance specification. The independent validation of Azelio's energy storage system TES.POD, carried out by DNV, demonstrates clearly that the system performs in all aspects according to the technical performance specification. Customers can use the validation as a basis for external financing of projects with Azelio's technology. Previous verification of the system has proven sufficient as a basis for the orders signed by the company to date. The validation now carried out means that larger projects can be financed, in accordance with the company's growth plan. During the validation period, Azelio's TES.POD has been charged with 100 kW for 6 hours and producing electricity from stored energy via a Stirling engine, at the system's nominal power according to the specification of 13 kW for 13 hours. At 13 hours of production at nominal power, the energy storage continues to have a number of hours of remaining production capacity. This further strengthens the competitiveness of the solution as a long duration energy storage system, allowing for intermittent renewable energy from, for example, solar and wind, to be in line with demand and closing the 24-hour circle with clean energy.Reported Earnings • Nov 20Third quarter 2021 earnings released: kr0.79 loss per share (vs kr0.53 loss in 3Q 2020)The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: kr31.4m (up 24% from 3Q 2020). Net loss: kr91.6m (loss widened 84% from 3Q 2020).Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 3 analysts covering Azelio expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr229.7m in 2023. Average annual earnings growth of 80% is required to achieve expected profit on schedule.お知らせ • Sep 23Azelio Started the Production of Its Energy Storage TES.PODAzelio AB (publ) announced production in volume design of Azelio's long-duration energy storage TES.POD has started according to plan. To ensure high quality in both the product and the supply chain, consisting of around seventy European suppliers, production will begin at a low pace before scaling up to high volumes in 2022. Azelio continues its commercialisation as planned and has now reached another important milestone by commencing production of its long-duration energy storage TES.POD in volume design. The production chain consists of the assembly of cylinder kits in the company's facilities in Åmål (Sweden), followed by the final assembly of a complete Stirling engine in its factory in Uddevalla (Sweden). The thermal storage unit is assembled by AQ Systems in Vaggeryd (Sweden), and the complete product is then married at each project site. To secure high quality in the product and supply chain, the initial production pace is low to ensure maintained quality also in high volumes, which are planned for in 2022. Azelio has so far secured orders for two TES.POD units in Sweden and one unit in Dubai, as well as a conditional order from Egypt for twenty TES.POD units, corresponding to 260 kW of electrical output and 3.3 MWh of storage capacity. The company's goal for 2021 is to sign and begin delivery of one or two projects in the size of 100 kW or larger.Reported Earnings • Aug 21Second quarter 2021 earnings released: kr0.87 loss per share (vs kr0.53 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr38.5m (up 14% from 2Q 2020). Net loss: kr100.3m (loss widened 106% from 2Q 2020).Board Change • Jul 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Pär Nuder was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Jul 20Director recently bought €63k worth of stockOn the 16th of July, Kent Janer bought around 19k shares on-market at roughly €3.42 per share. In the last 3 months, they made an even bigger purchase worth €107k. Insiders have collectively bought €247k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Jul 09Director recently bought €107k worth of stockOn the 5th of July, Kent Janer bought around 25k shares on-market at roughly €4.29 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Breakeven Date Change • May 28Forecast breakeven pushed back to 2023The 3 analysts covering Azelio previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 30% per year to 2022. The company is expected to make a profit of kr275.0m in 2023. Average annual earnings growth of 97% is required to achieve expected profit on schedule.Breakeven Date Change • May 22Forecast breakeven pushed back to 2023The 3 analysts covering Azelio previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 69% per year to 2022. The company is expected to make a profit of kr503.9m in 2023. Average annual earnings growth of 120% is required to achieve expected profit on schedule.Reported Earnings • May 12First quarter 2021 earnings released: kr0.61 loss per share (vs kr0.51 loss in 1Q 2020)The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr40.9m (up 42% from 1Q 2020). Net loss: kr65.1m (loss widened 44% from 1Q 2020).Reported Earnings • Apr 17Full year 2020 earnings released: kr2.04 loss per share (vs kr3.80 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: kr127.8m (down 3.6% from FY 2019). Net loss: kr192.6m (loss widened 20% from FY 2019).お知らせ • Mar 12Azelio AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 595.7406 million.Azelio AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 595.7406 million. Security Name: Shares Security Type: Common Stock Securities Offered: 10,638,225 Price\Range: SEK 56Analyst Estimate Surprise Post Earnings • Feb 28Revenue beats expectationsRevenue exceeded analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 65%, compared to a 15% growth forecast for the Electrical industry in Germany.Reported Earnings • Feb 27Full year 2020 earnings released: kr2.04 loss per share (vs kr3.80 loss in FY 2019)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: kr135.6m (up 2.3% from FY 2019). Net loss: kr192.6m (loss widened 20% from FY 2019).Is New 90 Day High Low • Feb 14New 90-day high: €7.01The company is up 113% from its price of €3.30 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 34% over the same period.お知らせ • Jan 26Azelio and Svea Solar Signs MOU for Joint Projects Using Energy Storage Coupled to Solar PVAzelio and Svea Solar have signed a MoU to develop projects using Azelio's long-duration energy storage, TES.POD®, coupled to PV systems. The collaboration will span over at least 3 projects in 2021, 5 projects in 2022, and 10 projects in 2023. A total of 8 MW of installed power and more than 100 MWh in equivalent storage capacity. Svea Solar is Sweden's solar PV installer. In support of expanding its business offerings into the energy storage segment in Sweden in particular and Europe in general, a collaboration is initiated with Azelio, as a developer of long-duration energy storage. Azelio's storage solution, TES.POD®, stores renewable energy in recycled aluminum. The energy can be dispatched on demand as electricity and heat during the dark hours and at times during the day when direct production is not sufficient.Is New 90 Day High Low • Jan 06New 90-day high: €5.96The company is up 125% from its price of €2.65 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 30% over the same period.Is New 90 Day High Low • Dec 17New 90-day high: €4.61The company is up 121% from its price of €2.09 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.お知らせ • Dec 10Azelio AB (Publ) Wins First Commercial Order for Its Long-Duration Energy Storage from Alec EnergyAzelio wins first commercial order for its long-duration energy storage from ALEC Energy, thereby achieving a major milestone for the company. The storage unit will be part of a system in the fourth phase of one of the solar parks, the Mohammed Bin Rashid Al Maktoum Solar Complex in Dubai. This strategically important order is placed on commercial terms, reflecting that it is for a single unit. Azelio's energy storage TES.POD will be part of a system powering a visitor center at the phase IV of the Mohammed bin Rashid Al Maktoum (MBR) Solar Complex. The system will combine Azelio's technology with PV and fast-response equipment such as li-ion batteries. Azelio's TES.POD will handle energy shifting for baseload power in the system, while batteries will be used to manage mini-grid stability. The MBR Solar Complex is spread over a total area of 77 square kilometers in Dubai. Noor Energy 1, a company owned by Dubai Electricity & Water Authority (DEWA), ACWA Power and Silk Road Fund, is currently developing 950 MW of solar energy technology (phase IV) in the solar park. By 2030, the capacity in the MBR Solar Complex is planned to amount to 5,000 MW. The order for the storage unit has been placed to Azelio by ALEC Energy, who is the lead EPC contractor of the project. Azelio and ALEC Energy recently signed a Memorandum of Understanding covering 49 MW installed capacity of Azelio's storage units, starting with a smaller commercial project. ALEC Energy is also installing Azelio's verification project in Abu Dhabi together with Masdar and Khalifa University.Analyst Estimate Surprise Post Earnings • Nov 21Revenue misses expectationsRevenue missed analyst estimates by 23%. Over the next year, revenue is forecast to grow 56%, compared to a 15% growth forecast for the Electrical industry in Germany.Reported Earnings • Nov 21Third quarter 2020 earnings released: kr0.53 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: kr25.4m (down 17% from 3Q 2019). Net loss: kr49.8m (loss widened 8.0% from 3Q 2019).お知らせ • Nov 20+ 3 more updatesAzelio AB (publ) to Report Q1, 2021 Results on May 11, 2021Azelio AB (publ) announced that they will report Q1, 2021 results on May 11, 2021Is New 90 Day High Low • Oct 21New 90-day high: €4.39The company is up 126% from its price of €1.94 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.お知らせ • Oct 20Azelio and Jet Energy in MoU to Develop Storage Projects with Solar PV in AfricaAzelio has signed a Memorandum of Understanding (MoU) with Morocco based JET ENERGY to explore energy storage projects with Azelio's TES.POD in Francophone Africa. The collaboration targets approximately 45 MW capacity of the TES.POD until 2025, with JET ENERGY as project developer. In addition to this MoU, the parties anticipate an extended project pipeline once the first projects are initiated. After cooperating for the installation of Azelio's verification project in Morocco, JET ENERGY and Azelio are teaming up with the signing of a MoU to develop renewable energy projects in Morocco in particular, and in Francophone Africa in general. The collaboration seeks to assess projects utilizing Azelio's storage together with existing and new solar PV installations, to cost-efficiently provide electricity around the clock. The first project targets 50 kWe in 2021, followed by installations of larger scale projects with an expected total of 5 MWe in 2022, 10 MWe in 2023, 15 MWe in 2024 and 15 MWe in 2025. JET ENERGY is an EPC Contractor specialized in construction, operation and maintenance of photovoltaic power plants. With this MoU, Jet Energy seeks to expand its business offerings and establish itself as one of Azelio' technology providers in the region.Is New 90 Day High Low • Sep 28New 90-day high: €2.54The company is up 85% from its price of €1.37 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.お知らせ • Sep 09Azelio AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 270.6 million.Azelio AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 270.6 million. Security Name: Shares Security Type: Common Stock Securities Offered: 12,300,000 Price\Range: SEK 22お知らせ • Aug 21+ 1 more updateAzelio AB (publ) to Report Fiscal Year 2020 Final Results on Apr 13, 2021Azelio AB (publ) announced that they will report fiscal year 2020 final results on Apr 13, 2021株主還元4AZDE ElectricalDE 市場7D0%2.8%3.2%1Y-94.6%104.7%2.5%株主還元を見る業界別リターン: 4AZ過去 1 年間で104.7 % の収益を上げたGerman Electrical業界を下回りました。リターン対市場: 4AZは、過去 1 年間で2.5 % のリターンを上げたGerman市場を下回りました。価格変動Is 4AZ's price volatile compared to industry and market?4AZ volatility4AZ Average Weekly Movement115.2%Electrical Industry Average Movement7.6%Market Average Movement6.1%10% most volatile stocks in DE Market13.6%10% least volatile stocks in DE Market2.7%安定した株価: 4AZの株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 4AZの weekly volatility ( 115% ) は過去 1 年間安定していますが、依然としてGermanの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2006134Jonas Wallmanderwww.azelio.comもっと見るAzelio AB (publ) 基礎のまとめAzelio の収益と売上を時価総額と比較するとどうか。4AZ 基礎統計学時価総額€123.40m収益（TTM）-€41.61m売上高(TTM)€4.83m1.8xP/Sレシオ-0.2xPER（株価収益率4AZ は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計4AZ 損益計算書（TTM）収益SEK 55.82m売上原価SEK 25.08m売上総利益SEK 30.74mその他の費用SEK 511.56m収益-SEK 480.82m直近の収益報告Mar 31, 2023次回決算日Aug 25, 2023一株当たり利益（EPS）-1.47グロス・マージン55.07%純利益率-861.44%有利子負債／自己資本比率6.4%4AZ の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/07/22 13:55終値2023/07/19 00:00収益2023/03/31年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Azelio AB (publ) 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Lena OsterbergCarnegie Investment Bank ABJohan SpetzPareto SecuritiesMattias EhrenborgRedeye2 その他のアナリストを表示
Board Change • Jul 14Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Pär Nuder was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Jul 04Azelio AB (Publ) Announces Resignation of Gustaf Albèrt as CFOAzelio AB (publ) announced that Gustaf Albèrt has chosen to end his position as CFO. Gustaf will remain in his current role during the notice period until a replacement is in place. The recruitment process for a new CFO will commence immediately.
お知らせ • Jun 30Azelio AB (Publ) Announces Decline in Re-Election of Elaine Weidman Grunewald as Board MemberThe Nomination Committee's proposal for resolutions for the Annual General Meeting of Azelio AB (publ) on 30 June 2023 was published through the notice of the Annual General Meeting published on 30 May 2023. As the Board member proposed by the Nomination Committee, Elaine Weidman Grunewald, has announced that she declines re-election, the Nomination Committee has decided to withdraw its proposal in this part.
Reported Earnings • Jun 02First quarter 2023 earnings released: kr0.36 loss per share (vs kr1.13 loss in 1Q 2022)First quarter 2023 results: kr0.36 loss per share (improved from kr1.13 loss in 1Q 2022). Net loss: kr114.5m (loss narrowed 12% from 1Q 2022). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany.
Reported Earnings • Jun 02First quarter 2023 earnings released: kr0.36 loss per share (vs kr1.13 loss in 1Q 2022)First quarter 2023 results: kr0.36 loss per share (improved from kr1.13 loss in 1Q 2022). Net loss: kr114.5m (loss narrowed 12% from 1Q 2022). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany.
Reported Earnings • Feb 26Full year 2022 earnings released: kr3.23 loss per share (vs kr3.23 loss in FY 2021)Full year 2022 results: kr3.23 loss per share (in line with FY 2021). Net loss: kr496.7m (loss widened 36% from FY 2021). Revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany.
Board Change • Jul 14Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Pär Nuder was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Jul 04Azelio AB (Publ) Announces Resignation of Gustaf Albèrt as CFOAzelio AB (publ) announced that Gustaf Albèrt has chosen to end his position as CFO. Gustaf will remain in his current role during the notice period until a replacement is in place. The recruitment process for a new CFO will commence immediately.
お知らせ • Jun 30Azelio AB (Publ) Announces Decline in Re-Election of Elaine Weidman Grunewald as Board MemberThe Nomination Committee's proposal for resolutions for the Annual General Meeting of Azelio AB (publ) on 30 June 2023 was published through the notice of the Annual General Meeting published on 30 May 2023. As the Board member proposed by the Nomination Committee, Elaine Weidman Grunewald, has announced that she declines re-election, the Nomination Committee has decided to withdraw its proposal in this part.
Reported Earnings • Jun 02First quarter 2023 earnings released: kr0.36 loss per share (vs kr1.13 loss in 1Q 2022)First quarter 2023 results: kr0.36 loss per share (improved from kr1.13 loss in 1Q 2022). Net loss: kr114.5m (loss narrowed 12% from 1Q 2022). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany.
Reported Earnings • Jun 02First quarter 2023 earnings released: kr0.36 loss per share (vs kr1.13 loss in 1Q 2022)First quarter 2023 results: kr0.36 loss per share (improved from kr1.13 loss in 1Q 2022). Net loss: kr114.5m (loss narrowed 12% from 1Q 2022). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany.
Reported Earnings • Feb 26Full year 2022 earnings released: kr3.23 loss per share (vs kr3.23 loss in FY 2021)Full year 2022 results: kr3.23 loss per share (in line with FY 2021). Net loss: kr496.7m (loss widened 36% from FY 2021). Revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany.
Reported Earnings • Feb 26Full year 2022 earnings released: kr3.23 loss per share (vs kr3.23 loss in FY 2021)Full year 2022 results: kr3.23 loss per share (in line with FY 2021). Net loss: kr496.7m (loss widened 36% from FY 2021). Revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany.
お知らせ • Feb 10Azelio AB Appoints Gustaf Albèrt as CFOGustaf Albèrt has been appointed new CFO of Azelio AB and will take up his position on April 12, 2023. At the same time, Eva Ramström, who has been acting CFO since June 2022, returns to her role as Finance manager.On April 12, 2023, Gustaf Albèrt will take over as CFO of Azelio. Gustaf comes to Azelio from a role as CFO and Deputy CEO of Isofol Medical AB. Prior to that, Gustaf has, among other things, been CEO of Elanders Sverige AB.
Breakeven Date Change • Dec 16Forecast to breakeven in 2024The analyst covering Azelio expects the company to break even for the first time. New forecast suggests losses will reduce by 63% per year to 2023. The company is expected to make a profit of kr16.1m in 2024. Average annual earnings growth of 83% is required to achieve expected profit on schedule.
お知らせ • Dec 10+ 3 more updatesAzelio AB (publ) to Report Fiscal Year 2022 Final Results on Apr 13, 2023Azelio AB (publ) announced that they will report fiscal year 2022 final results at 9:00 AM, Central European Standard Time on Apr 13, 2023
お知らせ • Dec 01Azelio AB (publ), Annual General Meeting, May 11, 2023Azelio AB (publ), Annual General Meeting, May 11, 2023.
Reported Earnings • Nov 19Third quarter 2022 earnings released: kr0.98 loss per share (vs kr0.79 loss in 3Q 2021)Third quarter 2022 results: kr0.98 loss per share (further deteriorated from kr0.79 loss in 3Q 2021). Revenue: kr11.1m (down 64% from 3Q 2021). Net loss: kr113.7m (loss widened 24% from 3Q 2021). Revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Electrical industry in Germany.
Breakeven Date Change • Nov 16No longer forecast to breakevenThe 2 analysts covering Azelio no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr219.9m in 2024. New consensus forecast suggests the company will make a loss of kr237.0m in 2024.
お知らせ • Oct 20Azelio AB (publ) has completed a Composite Units Offering.Azelio AB (publ) has completed a Composite Units Offering. Security Name: Units Security Type: Equity/Derivative Unit Securities Offered: 28,969,259 Price\Range: SEK 10.36 Transaction Features: Regulation S; Rights Offering; Rule 144A
Reported Earnings • Aug 19Second quarter 2022 earnings released: kr1.19 loss per share (vs kr0.87 loss in 2Q 2021)Second quarter 2022 results: kr1.19 loss per share (down from kr0.87 loss in 2Q 2021). Revenue: kr25.3m (down 33% from 2Q 2021). Net loss: kr137.5m (loss widened 37% from 2Q 2021). Over the next year, revenue is forecast to grow 197%, compared to a 17% growth forecast for the Electrical industry in Germany.
お知らせ • Aug 18Azelio AB (publ) to Report Fiscal Year 2022 Results on Feb 24, 2023Azelio AB (publ) announced that they will report fiscal year 2022 results on Feb 24, 2023
お知らせ • Jun 14Azelio Appoints Heads for All Target MarketsAzelio AB (publ) has appointed Hans Svanbom as Regional Director United States. Hans, who joined Azelio in 2021, has a long background in IT and telecoms. With this appointment, Azelio has nominated Regional Directors for all of its target markets. Azelio recently decided to initially focus its sales and marketing to four target markets, selected on the basis that the company there can offer customers particularly strong business cases. These markets are the United States, Australia, the MENA region (Middle East and Africa) and southern Africa. The other regional directors that have been appointed are Florian Naumann for Australia, Eren Engur for MENA, and Reinhardt Labuschagne for southern Africa. An important task for the regional directors is to secure a local infrastructure that can prepare, install and maintain projects. For the USA, Azelio has initiated a process to adapt the product to the American market.
お知らせ • Jun 07Azelio Announces CFO ChangesFredrik Wäppling, who has been Azelio's CFO since 2020, is leaving Azelio. Eva Ramström takes over as acting CFO. Azelio and Fredrik Wäppling have agreed that Fredrik's position as the company's CFO will end. As of June 7, 2022, Eva Ramström takes over as acting CFO. Until June 7, 2022, Eva has been Azelio's Finance manager and thus knows the company and the business very well. She has the understanding of the company's goals, plans, and challenges, as well as the right skills and experience, which guarantees a rapid start, maintained continuity, and efficiency in the work. The process to nominate a permanent CFO starts immediately.
Reported Earnings • May 12First quarter 2022 earnings released: kr1.13 loss per share (vs kr0.61 loss in 1Q 2021)First quarter 2022 results: kr1.13 loss per share (down from kr0.61 loss in 1Q 2021). Revenue: kr27.8m (down 31% from 1Q 2021). Net loss: kr130.3m (loss widened 100% from 1Q 2021). Over the next year, revenue is forecast to grow 154%, compared to a 11% growth forecast for the industry in Germany.
Breakeven Date Change • Apr 27No longer forecast to breakevenThe 3 analysts covering Azelio no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr219.9m in 2024. New consensus forecast suggests the company will make a loss of kr131.0m in 2024.
Reported Earnings • Apr 15Full year 2021 earnings released: kr3.23 loss per share (vs kr2.04 loss in FY 2020)Full year 2021 results: kr3.23 loss per share (down from kr2.04 loss in FY 2020). Revenue: kr149.8m (up 17% from FY 2020). Net loss: kr365.9m (loss widened 90% from FY 2020). Over the next year, revenue is forecast to grow 68%, compared to a 12% growth forecast for the industry in Germany.
お知らせ • Apr 12Azelio AB (publ) Announces Carol M. Browner Declines Re-Election as Board MemberAzelio AB (publ) at its annual general meeting to be held on May 12, 2022, announced that it was noted that Carol M. Browner declined re-election as a board member.
Breakeven Date Change • Apr 06No longer forecast to breakevenThe 3 analysts covering Azelio no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr219.9m in 2024. New consensus forecast suggests the company will make a loss of kr131.0m in 2024.
お知らせ • Mar 30Azelio AB Announces CEO ChangesThe Board of Directors of Azelio AB has appointed Jonas Wallmander as its new Chief Executive Officer. Jonas Wallmander joined Azelio in 2011 and has been Executive Vice President and part of the Executive Team since 2017. He assumes his new position with immediate effect, replacing Jonas Eklind. Jonas Wallmander has worked in the energy sector since 2005 where he has gained extensive know-how in the field of renewable energy. He was initially recruited to Azelio in 2011 as Chief Operating Officer (then known as Cleanergy), and over the years he has been responsible for large projects and production build-up as well as taking part in project funding, among other things. In his role as Executive Vice President in the Executive Team, Jonas has been responsible for operational and product-related work as well as strategic business development. Jonas Wallmander replaces Jonas Eklind as CEO of Azelio with immediate effect.
お知らせ • Mar 28Azelio AB (publ) to Install U.S. Certification Project for its Long-Duration Energy Storage ProductAzelio AB announced that it wiwill install a U.S. certification project for its TES.POD product, a long-duration energy storage solution. The certification project will be conducted in Baton Rouge, LA, in conjunction with MMR Group, an electrical engineering and construction company, based in Baton Rouge. The certification will ensure that the TES.POD product is compliant with U.S. standards. The storage units will be shipped from Azelio's factory in Sweden in April to MMR for adaptation to the U.S. standards before installing the certification project in early fall. The use of solar energy is growing globally, with an increasing number of governments and companies using solar-based electricity and heat, with the limitation that it is available when the sun is shining. Azelio's stores solar energy, or energy from other sources, as heat in recycled aluminum and converts the energy into electricity and usable heat at a low cost around-the-clock. The TES.POD system performance is validated by leading certification company DNV. In addition to the certification, the TES.POD will also be used by MMR Group to demonstrate its capabilities to its customers, and to train its staff on the installation and operational processes of the long-duration energy storage system. The certification project is an important step in Azelio's ambition to expand into the U.S. market. MMR Group is an industry leader in instrumentation and electrical construction, maintenance, and technical services, based in the U.S. and with a global footprint of customers.
Reported Earnings • Feb 26Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: kr3.23 loss per share (down from kr2.04 loss in FY 2020). Revenue: kr151.7m (up 19% from FY 2020). Net loss: kr365.9m (loss widened 90% from FY 2020). Revenue missed analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 163%, compared to a 15% growth forecast for the industry in Germany.
Breakeven Date Change • Dec 23No longer forecast to breakevenThe 2 analysts covering Azelio no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr161.6m in 2023. New consensus forecast suggests the company will make a loss of kr56.8m in 2023.
お知らせ • Dec 23Azelio's Energy Storage System TES.POD is Validated by DNVAzelio has been running a verification project of its energy storage system TES.POD during a long period of time. Within the project, leading certification body DNV was appointed to carry out an independent validation of the system. As part of the validation, DNV has performed a due diligence of Azelio's technology, production, R&D and test facilities. DNV h as also taken p art of a significant amount of operational data relating to production and storage capacity, system efficiency and response times. Azelio has now received a validation report from DNV which shows that the system performs in all aspects according to the technical performance specification. The independent validation of Azelio's energy storage system TES.POD, carried out by DNV, demonstrates clearly that the system performs in all aspects according to the technical performance specification. Customers can use the validation as a basis for external financing of projects with Azelio's technology. Previous verification of the system has proven sufficient as a basis for the orders signed by the company to date. The validation now carried out means that larger projects can be financed, in accordance with the company's growth plan. During the validation period, Azelio's TES.POD has been charged with 100 kW for 6 hours and producing electricity from stored energy via a Stirling engine, at the system's nominal power according to the specification of 13 kW for 13 hours. At 13 hours of production at nominal power, the energy storage continues to have a number of hours of remaining production capacity. This further strengthens the competitiveness of the solution as a long duration energy storage system, allowing for intermittent renewable energy from, for example, solar and wind, to be in line with demand and closing the 24-hour circle with clean energy.
Reported Earnings • Nov 20Third quarter 2021 earnings released: kr0.79 loss per share (vs kr0.53 loss in 3Q 2020)The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: kr31.4m (up 24% from 3Q 2020). Net loss: kr91.6m (loss widened 84% from 3Q 2020).
Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 3 analysts covering Azelio expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr229.7m in 2023. Average annual earnings growth of 80% is required to achieve expected profit on schedule.
お知らせ • Sep 23Azelio Started the Production of Its Energy Storage TES.PODAzelio AB (publ) announced production in volume design of Azelio's long-duration energy storage TES.POD has started according to plan. To ensure high quality in both the product and the supply chain, consisting of around seventy European suppliers, production will begin at a low pace before scaling up to high volumes in 2022. Azelio continues its commercialisation as planned and has now reached another important milestone by commencing production of its long-duration energy storage TES.POD in volume design. The production chain consists of the assembly of cylinder kits in the company's facilities in Åmål (Sweden), followed by the final assembly of a complete Stirling engine in its factory in Uddevalla (Sweden). The thermal storage unit is assembled by AQ Systems in Vaggeryd (Sweden), and the complete product is then married at each project site. To secure high quality in the product and supply chain, the initial production pace is low to ensure maintained quality also in high volumes, which are planned for in 2022. Azelio has so far secured orders for two TES.POD units in Sweden and one unit in Dubai, as well as a conditional order from Egypt for twenty TES.POD units, corresponding to 260 kW of electrical output and 3.3 MWh of storage capacity. The company's goal for 2021 is to sign and begin delivery of one or two projects in the size of 100 kW or larger.
Reported Earnings • Aug 21Second quarter 2021 earnings released: kr0.87 loss per share (vs kr0.53 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr38.5m (up 14% from 2Q 2020). Net loss: kr100.3m (loss widened 106% from 2Q 2020).
Board Change • Jul 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Pär Nuder was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Jul 20Director recently bought €63k worth of stockOn the 16th of July, Kent Janer bought around 19k shares on-market at roughly €3.42 per share. In the last 3 months, they made an even bigger purchase worth €107k. Insiders have collectively bought €247k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Jul 09Director recently bought €107k worth of stockOn the 5th of July, Kent Janer bought around 25k shares on-market at roughly €4.29 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Breakeven Date Change • May 28Forecast breakeven pushed back to 2023The 3 analysts covering Azelio previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 30% per year to 2022. The company is expected to make a profit of kr275.0m in 2023. Average annual earnings growth of 97% is required to achieve expected profit on schedule.
Breakeven Date Change • May 22Forecast breakeven pushed back to 2023The 3 analysts covering Azelio previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 69% per year to 2022. The company is expected to make a profit of kr503.9m in 2023. Average annual earnings growth of 120% is required to achieve expected profit on schedule.
Reported Earnings • May 12First quarter 2021 earnings released: kr0.61 loss per share (vs kr0.51 loss in 1Q 2020)The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: kr40.9m (up 42% from 1Q 2020). Net loss: kr65.1m (loss widened 44% from 1Q 2020).
Reported Earnings • Apr 17Full year 2020 earnings released: kr2.04 loss per share (vs kr3.80 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: kr127.8m (down 3.6% from FY 2019). Net loss: kr192.6m (loss widened 20% from FY 2019).
お知らせ • Mar 12Azelio AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 595.7406 million.Azelio AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 595.7406 million. Security Name: Shares Security Type: Common Stock Securities Offered: 10,638,225 Price\Range: SEK 56
Analyst Estimate Surprise Post Earnings • Feb 28Revenue beats expectationsRevenue exceeded analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 65%, compared to a 15% growth forecast for the Electrical industry in Germany.
Reported Earnings • Feb 27Full year 2020 earnings released: kr2.04 loss per share (vs kr3.80 loss in FY 2019)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: kr135.6m (up 2.3% from FY 2019). Net loss: kr192.6m (loss widened 20% from FY 2019).
Is New 90 Day High Low • Feb 14New 90-day high: €7.01The company is up 113% from its price of €3.30 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 34% over the same period.
お知らせ • Jan 26Azelio and Svea Solar Signs MOU for Joint Projects Using Energy Storage Coupled to Solar PVAzelio and Svea Solar have signed a MoU to develop projects using Azelio's long-duration energy storage, TES.POD®, coupled to PV systems. The collaboration will span over at least 3 projects in 2021, 5 projects in 2022, and 10 projects in 2023. A total of 8 MW of installed power and more than 100 MWh in equivalent storage capacity. Svea Solar is Sweden's solar PV installer. In support of expanding its business offerings into the energy storage segment in Sweden in particular and Europe in general, a collaboration is initiated with Azelio, as a developer of long-duration energy storage. Azelio's storage solution, TES.POD®, stores renewable energy in recycled aluminum. The energy can be dispatched on demand as electricity and heat during the dark hours and at times during the day when direct production is not sufficient.
Is New 90 Day High Low • Jan 06New 90-day high: €5.96The company is up 125% from its price of €2.65 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 30% over the same period.
Is New 90 Day High Low • Dec 17New 90-day high: €4.61The company is up 121% from its price of €2.09 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
お知らせ • Dec 10Azelio AB (Publ) Wins First Commercial Order for Its Long-Duration Energy Storage from Alec EnergyAzelio wins first commercial order for its long-duration energy storage from ALEC Energy, thereby achieving a major milestone for the company. The storage unit will be part of a system in the fourth phase of one of the solar parks, the Mohammed Bin Rashid Al Maktoum Solar Complex in Dubai. This strategically important order is placed on commercial terms, reflecting that it is for a single unit. Azelio's energy storage TES.POD will be part of a system powering a visitor center at the phase IV of the Mohammed bin Rashid Al Maktoum (MBR) Solar Complex. The system will combine Azelio's technology with PV and fast-response equipment such as li-ion batteries. Azelio's TES.POD will handle energy shifting for baseload power in the system, while batteries will be used to manage mini-grid stability. The MBR Solar Complex is spread over a total area of 77 square kilometers in Dubai. Noor Energy 1, a company owned by Dubai Electricity & Water Authority (DEWA), ACWA Power and Silk Road Fund, is currently developing 950 MW of solar energy technology (phase IV) in the solar park. By 2030, the capacity in the MBR Solar Complex is planned to amount to 5,000 MW. The order for the storage unit has been placed to Azelio by ALEC Energy, who is the lead EPC contractor of the project. Azelio and ALEC Energy recently signed a Memorandum of Understanding covering 49 MW installed capacity of Azelio's storage units, starting with a smaller commercial project. ALEC Energy is also installing Azelio's verification project in Abu Dhabi together with Masdar and Khalifa University.
Analyst Estimate Surprise Post Earnings • Nov 21Revenue misses expectationsRevenue missed analyst estimates by 23%. Over the next year, revenue is forecast to grow 56%, compared to a 15% growth forecast for the Electrical industry in Germany.
Reported Earnings • Nov 21Third quarter 2020 earnings released: kr0.53 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: kr25.4m (down 17% from 3Q 2019). Net loss: kr49.8m (loss widened 8.0% from 3Q 2019).
お知らせ • Nov 20+ 3 more updatesAzelio AB (publ) to Report Q1, 2021 Results on May 11, 2021Azelio AB (publ) announced that they will report Q1, 2021 results on May 11, 2021
Is New 90 Day High Low • Oct 21New 90-day high: €4.39The company is up 126% from its price of €1.94 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
お知らせ • Oct 20Azelio and Jet Energy in MoU to Develop Storage Projects with Solar PV in AfricaAzelio has signed a Memorandum of Understanding (MoU) with Morocco based JET ENERGY to explore energy storage projects with Azelio's TES.POD in Francophone Africa. The collaboration targets approximately 45 MW capacity of the TES.POD until 2025, with JET ENERGY as project developer. In addition to this MoU, the parties anticipate an extended project pipeline once the first projects are initiated. After cooperating for the installation of Azelio's verification project in Morocco, JET ENERGY and Azelio are teaming up with the signing of a MoU to develop renewable energy projects in Morocco in particular, and in Francophone Africa in general. The collaboration seeks to assess projects utilizing Azelio's storage together with existing and new solar PV installations, to cost-efficiently provide electricity around the clock. The first project targets 50 kWe in 2021, followed by installations of larger scale projects with an expected total of 5 MWe in 2022, 10 MWe in 2023, 15 MWe in 2024 and 15 MWe in 2025. JET ENERGY is an EPC Contractor specialized in construction, operation and maintenance of photovoltaic power plants. With this MoU, Jet Energy seeks to expand its business offerings and establish itself as one of Azelio' technology providers in the region.
Is New 90 Day High Low • Sep 28New 90-day high: €2.54The company is up 85% from its price of €1.37 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
お知らせ • Sep 09Azelio AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 270.6 million.Azelio AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 270.6 million. Security Name: Shares Security Type: Common Stock Securities Offered: 12,300,000 Price\Range: SEK 22
お知らせ • Aug 21+ 1 more updateAzelio AB (publ) to Report Fiscal Year 2020 Final Results on Apr 13, 2021Azelio AB (publ) announced that they will report fiscal year 2020 final results on Apr 13, 2021
