View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsSmart Wires Technology 将来の成長Future 基準チェック /26Smart Wires Technologyは、68.7%と90.3%でそれぞれ年率68.7%で利益と収益が成長すると予測される一方、EPSはgrowで84.8%年率。主要情報68.7%収益成長率84.80%EPS成長率Electrical 収益成長27.0%収益成長率90.3%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日22 May 2023今後の成長に関する最新情報お知らせ • Nov 18Smart Wires Technology Ltd. Suspends Revenue GuidanceSmart Wires Technology Ltd. announced on October 10, 2022 that it suspended its revenue guidance as it continues to work through supply chain challenges.お知らせ • Oct 11Smart Wires Technology Ltd Suspends Revenue Guidance for the Year 2022Smart Wires Technology Ltd. suspended revenue guidance for the year 2022. The Company is suspending its revenue guidance as it continues to work through supply chain challenges. Specifically, production delays of printed circuit board assemblies have resulted in a shift in the delivery schedule of committed customer orders. October 10, 2022Smart Wires Technology Ltd. and its operating subsidiary, Smart Wires Inc. (collectively, the Company) has engaged two advisors to explore strategic alternatives for the Company, including without limitation additional financing to address its liquidity, a business combination, and a sale of the Company.Breakeven Date Change • Aug 17Forecast to breakeven in 2024The 2 analysts covering Smart Wires Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 3.4% per year to 2023. The company is expected to make a profit of US$7.00m in 2024. Average annual earnings growth of 36% is required to achieve expected profit on schedule.お知らせ • Aug 13Smart Wires Technology Ltd. Announces Guidance for 2022Smart Wires Technology Ltd. announced guidance for 2022. As announced on July 21, company have issued full year guidance as follows: company reiterated order guidance of $100 million to $120 million, led by the momentum in core market. The company revised revenue guidance of $55 million to $60 million for the year, driven by the global supply chain disruption.お知らせ • Jul 22Smart Wires Technology Revises Revenue Guidance for the Full Year of 2022Smart Wires Technology Ltd. announced a new outlook regarding full year 2022 revenue in the range of $55 Million - $60 Million, previously stated as $65 Million to $70 Million. The company also suspended the previously stated outlook regarding full-year 2022 gross margins rising to 12% to 14%.Breakeven Date Change • Jun 08No longer forecast to breakevenThe 2 analysts covering Smart Wires Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$20.0m in 2024. New consensus forecast suggests the company will make a loss of US$8.12m in 2024.すべての更新を表示Recent updatesお知らせ • Nov 18Smart Wires Technology Ltd. Suspends Revenue GuidanceSmart Wires Technology Ltd. announced on October 10, 2022 that it suspended its revenue guidance as it continues to work through supply chain challenges.お知らせ • Nov 17Smart Wires Technology Intends to Apply for Delisting of Swedish Depositary Receipts from Nasdaq First North Growth MarketSmart Wires Technology Ltd. announced a financing of USD 5 million and its intention to apply for delisting of its Swedish Depositary Receipts from Nasdaq First North Growth Market. Smart Wires Technology expects to formally apply for delisting of Swedish Depositary Receipts from Nasdaq First North Growth Market not earlier than three months from today.お知らせ • Oct 11Smart Wires Technology Ltd Suspends Revenue Guidance for the Year 2022Smart Wires Technology Ltd. suspended revenue guidance for the year 2022. The Company is suspending its revenue guidance as it continues to work through supply chain challenges. Specifically, production delays of printed circuit board assemblies have resulted in a shift in the delivery schedule of committed customer orders. October 10, 2022Smart Wires Technology Ltd. and its operating subsidiary, Smart Wires Inc. (collectively, the Company) has engaged two advisors to explore strategic alternatives for the Company, including without limitation additional financing to address its liquidity, a business combination, and a sale of the Company.Breakeven Date Change • Aug 17Forecast to breakeven in 2024The 2 analysts covering Smart Wires Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 3.4% per year to 2023. The company is expected to make a profit of US$7.00m in 2024. Average annual earnings growth of 36% is required to achieve expected profit on schedule.お知らせ • Aug 13Smart Wires Technology Ltd. Announces Guidance for 2022Smart Wires Technology Ltd. announced guidance for 2022. As announced on July 21, company have issued full year guidance as follows: company reiterated order guidance of $100 million to $120 million, led by the momentum in core market. The company revised revenue guidance of $55 million to $60 million for the year, driven by the global supply chain disruption.Reported Earnings • Aug 12Second quarter 2022 earnings released: US$0.18 loss per share (vs US$0.16 loss in 2Q 2021)Second quarter 2022 results: US$0.18 loss per share (down from US$0.16 loss in 2Q 2021). Revenue: US$8.20m (down 20% from 2Q 2021). Net loss: US$17.6m (loss widened 3.5% from 2Q 2021). Over the next year, revenue is forecast to grow 152%, compared to a 14% growth forecast for the industry in Germany.お知らせ • Aug 05Smart Wires Technology Ltd. to Report Q2, 2022 Results on Aug 11, 2022Smart Wires Technology Ltd. announced that they will report Q2, 2022 results at 7:30 AM, Central European Standard Time on Aug 11, 2022お知らせ • Jul 22Smart Wires Technology Revises Revenue Guidance for the Full Year of 2022Smart Wires Technology Ltd. announced a new outlook regarding full year 2022 revenue in the range of $55 Million - $60 Million, previously stated as $65 Million to $70 Million. The company also suspended the previously stated outlook regarding full-year 2022 gross margins rising to 12% to 14%.Breakeven Date Change • Jun 08No longer forecast to breakevenThe 2 analysts covering Smart Wires Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$20.0m in 2024. New consensus forecast suggests the company will make a loss of US$8.12m in 2024.Reported Earnings • May 13First quarter 2022 earnings released: US$0.21 loss per share (vs US$3.77 loss in 1Q 2021)First quarter 2022 results: US$0.21 loss per share. Revenue: US$2.70m (down 78% from 1Q 2021). Net loss: US$20.7m (loss widened 28% from 1Q 2021). Over the next year, revenue is forecast to grow 105%, compared to a 11% growth forecast for the industry in Germany.お知らせ • May 12+ 1 more updateSmart Wires Technology Ltd. Provides Earnings Guidance for the Year 2022Smart Wires Technology Ltd. provided earnings guidance for the year 2022. The revenue guidance of $65 million to $70 million.お知らせ • Apr 22Smart Wires Appoints Hêdd Roberts as General Manager, European RegionSmart Wires announced that it has appointed Hêdd Roberts as General Manager for the European region, effective 19 April 2022. Hêdd joins from National Grid, where he was on the electricity transmission executive team in the UK and most recently Director of Regulation. Hêdd brings with him a vast amount of industry experience, having worked in various leadership, commercial and engineering roles with NGET over the past two decades, covering charging and access development, investment management and customer and commercial services.お知らせ • Feb 15+ 1 more updateSmart Wires Technology Ltd. Provides Revenue Guidance for the Fourth Quarter of 2021, Full-Year 2021 and Full-Year 2022Smart Wires Technology Ltd. provided revenue guidance for the fourth quarter of 2021, full-year 2021 and full-year 2022. For the fourth quarter 2021, revenue is expected to be approximately $19.2 million compared to $8.3 million in the fourth quarter of 2020. For full-year 2021 revenue is expected to be approximately $47.5 million compared to $15.4 million for the full-year 2020. For full-year 2022, the company revenue guidance in the range of $65 million to $70 million.お知らせ • Feb 09Amprion and Smart Wires Successfully Tested Modular Power Flow Control TechnologyAmprion and Smart Wires have successfully completed a pilot test on the use of innovative technology for optimisation of grid loading. As a result of the one-and-a-half-year cooperation, Amprion has found that there are no technical reservations regarding the use of SmartValve™ technology in the German power grid. In August 2020 the transmission system operator Amprion and the company Smart Wires signed a cooperation agreement. The aim was to thoroughly investigate the technology that has not yet been used in Germany. Amprion has carried out extensive studies and technical analyses of Smart Wires' modular static synchronous series compensator. The SmartValve is intended to distribute power flows more evenly across circuits, and herewith increase utilisation of lines and contribute to system stability. The SmartValve can optimally utilise the capacity of the lines through targeted load flow changes. The transmission grid can be controlled in a better way and minimise the expensive use of power plants in congestion management. SmartValves are individual modules that can be expanded into larger deployments, depending on the system needs. The technology is easy to transport, thus can be used in more flexible way at different locations. The new technology can thus complement conventional large and phase-shifting transformers (PST) and introduces new use cases and applications. Amprion has carried out extensive studies and technical analyses of Smart Wires' modular static synchronous series compensator (m-SSSC). The SmartValve is intended to distribute power flows more evenly across circuits, and herewith increase utilisation of lines and contribute to system stability. The SmartValve can optimally utilise the capacity of the lines through targeted load flow changes (increase or decreasing power flows on a circuit). The transmission grid can be controlled in a better way and minimise the expensive use of power plants in congestion management. SmartValves are individual modules that can be expanded into larger deployments, depending on the system needs. The technology is easy to transport, thus can be used in more flexible way at different locations. The new technology can thus complement conventional large and phase-shifting transformers and introduces new use cases and applications.Amprion has carried out extensive studies and technical analyses of Smart Wires' modular static synchronous series compensator (m-SSSC). The SmartValve is intended to distribute power flows more evenly across circuits, and herewith increase utilisation of lines and contribute to system stability.The SmartValve can optimally utilise the capacity of the lines through targeted load flow changes (increase or decreasing power flows on a circuit). The transmission grid can be controlled in a better way and minimise the expensive use of power plants in congestion management. SmartValves are individual modules that can be expanded into larger deployments, depending on the system needs. The technology is easy to transport, thus can be used in more flexible way at different locations. The new technology can thus complement conventional large and phase-shifting transformers (PST) and introduces new use cases and applications.The climate targets of the EU and of the German government are accelerating the transformation of the power grid in Europe. In addition to the necessary grid expansion, more innovative technologies are being used for more efficient capacity utilisation. The German grid development plan also opens application of such technology in addition to new expansion project.Reported Earnings • Nov 21Third quarter 2021 earnings released: US$0.14 loss per shareThe company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: US$5.86m (flat on 3Q 2020). Net loss: US$15.5m (flat on 3Q 2020).Breakeven Date Change • Nov 17Forecast to breakeven in 2023The analyst covering Smart Wires Technology expects the company to break even for the first time. New forecast suggests the company will make a profit of US$20.8m in 2023. Average annual earnings growth of 91% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 23Forecast to breakeven in 2023The analyst covering Smart Wires Technology expects the company to break even for the first time. New forecast suggests the company will make a profit of US$20.8m in 2023. Average annual earnings growth of 91% is required to achieve expected profit on schedule.Executive Departure • Jul 27Chief Financial Officer Evan Geisert has left the companyOn the 23rd of July, Evan Geisert's tenure as Chief Financial Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Evan's name. Evan is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.業績と収益の成長予測DB:9ML - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20242917N/AN/A112/31/2023106-50N/AN/A112/31/202254-66N/AN/A19/30/202233-72-94-81N/A6/30/202234-64-94-82N/A3/31/202237-71-77-70N/A12/31/202146-66-67-65N/A9/30/202137-72-73-73N/A6/30/202134-72-65-64N/A3/31/202126-64-73-71N/A12/31/202015-63-69-66N/A12/31/20198-75-49-45N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 9ML今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: 9ML今後 3 年間、利益が出ない状態が続くと予測されています。高成長収益: 9ML今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: 9MLの収益 ( 90.3% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: 9MLの収益 ( 90.3% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 9MLの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance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2023/06/04 21:59終値2023/03/07 00:00収益2022/09/30年間収益2021/12/31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Smart Wires Technology Ltd. 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。2 アナリスト機関Gard AarvikPareto SecuritiesJessica GrunewaldRedeye
お知らせ • Nov 18Smart Wires Technology Ltd. Suspends Revenue GuidanceSmart Wires Technology Ltd. announced on October 10, 2022 that it suspended its revenue guidance as it continues to work through supply chain challenges.
お知らせ • Oct 11Smart Wires Technology Ltd Suspends Revenue Guidance for the Year 2022Smart Wires Technology Ltd. suspended revenue guidance for the year 2022. The Company is suspending its revenue guidance as it continues to work through supply chain challenges. Specifically, production delays of printed circuit board assemblies have resulted in a shift in the delivery schedule of committed customer orders. October 10, 2022Smart Wires Technology Ltd. and its operating subsidiary, Smart Wires Inc. (collectively, the Company) has engaged two advisors to explore strategic alternatives for the Company, including without limitation additional financing to address its liquidity, a business combination, and a sale of the Company.
Breakeven Date Change • Aug 17Forecast to breakeven in 2024The 2 analysts covering Smart Wires Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 3.4% per year to 2023. The company is expected to make a profit of US$7.00m in 2024. Average annual earnings growth of 36% is required to achieve expected profit on schedule.
お知らせ • Aug 13Smart Wires Technology Ltd. Announces Guidance for 2022Smart Wires Technology Ltd. announced guidance for 2022. As announced on July 21, company have issued full year guidance as follows: company reiterated order guidance of $100 million to $120 million, led by the momentum in core market. The company revised revenue guidance of $55 million to $60 million for the year, driven by the global supply chain disruption.
お知らせ • Jul 22Smart Wires Technology Revises Revenue Guidance for the Full Year of 2022Smart Wires Technology Ltd. announced a new outlook regarding full year 2022 revenue in the range of $55 Million - $60 Million, previously stated as $65 Million to $70 Million. The company also suspended the previously stated outlook regarding full-year 2022 gross margins rising to 12% to 14%.
Breakeven Date Change • Jun 08No longer forecast to breakevenThe 2 analysts covering Smart Wires Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$20.0m in 2024. New consensus forecast suggests the company will make a loss of US$8.12m in 2024.
お知らせ • Nov 18Smart Wires Technology Ltd. Suspends Revenue GuidanceSmart Wires Technology Ltd. announced on October 10, 2022 that it suspended its revenue guidance as it continues to work through supply chain challenges.
お知らせ • Nov 17Smart Wires Technology Intends to Apply for Delisting of Swedish Depositary Receipts from Nasdaq First North Growth MarketSmart Wires Technology Ltd. announced a financing of USD 5 million and its intention to apply for delisting of its Swedish Depositary Receipts from Nasdaq First North Growth Market. Smart Wires Technology expects to formally apply for delisting of Swedish Depositary Receipts from Nasdaq First North Growth Market not earlier than three months from today.
お知らせ • Oct 11Smart Wires Technology Ltd Suspends Revenue Guidance for the Year 2022Smart Wires Technology Ltd. suspended revenue guidance for the year 2022. The Company is suspending its revenue guidance as it continues to work through supply chain challenges. Specifically, production delays of printed circuit board assemblies have resulted in a shift in the delivery schedule of committed customer orders. October 10, 2022Smart Wires Technology Ltd. and its operating subsidiary, Smart Wires Inc. (collectively, the Company) has engaged two advisors to explore strategic alternatives for the Company, including without limitation additional financing to address its liquidity, a business combination, and a sale of the Company.
Breakeven Date Change • Aug 17Forecast to breakeven in 2024The 2 analysts covering Smart Wires Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 3.4% per year to 2023. The company is expected to make a profit of US$7.00m in 2024. Average annual earnings growth of 36% is required to achieve expected profit on schedule.
お知らせ • Aug 13Smart Wires Technology Ltd. Announces Guidance for 2022Smart Wires Technology Ltd. announced guidance for 2022. As announced on July 21, company have issued full year guidance as follows: company reiterated order guidance of $100 million to $120 million, led by the momentum in core market. The company revised revenue guidance of $55 million to $60 million for the year, driven by the global supply chain disruption.
Reported Earnings • Aug 12Second quarter 2022 earnings released: US$0.18 loss per share (vs US$0.16 loss in 2Q 2021)Second quarter 2022 results: US$0.18 loss per share (down from US$0.16 loss in 2Q 2021). Revenue: US$8.20m (down 20% from 2Q 2021). Net loss: US$17.6m (loss widened 3.5% from 2Q 2021). Over the next year, revenue is forecast to grow 152%, compared to a 14% growth forecast for the industry in Germany.
お知らせ • Aug 05Smart Wires Technology Ltd. to Report Q2, 2022 Results on Aug 11, 2022Smart Wires Technology Ltd. announced that they will report Q2, 2022 results at 7:30 AM, Central European Standard Time on Aug 11, 2022
お知らせ • Jul 22Smart Wires Technology Revises Revenue Guidance for the Full Year of 2022Smart Wires Technology Ltd. announced a new outlook regarding full year 2022 revenue in the range of $55 Million - $60 Million, previously stated as $65 Million to $70 Million. The company also suspended the previously stated outlook regarding full-year 2022 gross margins rising to 12% to 14%.
Breakeven Date Change • Jun 08No longer forecast to breakevenThe 2 analysts covering Smart Wires Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$20.0m in 2024. New consensus forecast suggests the company will make a loss of US$8.12m in 2024.
Reported Earnings • May 13First quarter 2022 earnings released: US$0.21 loss per share (vs US$3.77 loss in 1Q 2021)First quarter 2022 results: US$0.21 loss per share. Revenue: US$2.70m (down 78% from 1Q 2021). Net loss: US$20.7m (loss widened 28% from 1Q 2021). Over the next year, revenue is forecast to grow 105%, compared to a 11% growth forecast for the industry in Germany.
お知らせ • May 12+ 1 more updateSmart Wires Technology Ltd. Provides Earnings Guidance for the Year 2022Smart Wires Technology Ltd. provided earnings guidance for the year 2022. The revenue guidance of $65 million to $70 million.
お知らせ • Apr 22Smart Wires Appoints Hêdd Roberts as General Manager, European RegionSmart Wires announced that it has appointed Hêdd Roberts as General Manager for the European region, effective 19 April 2022. Hêdd joins from National Grid, where he was on the electricity transmission executive team in the UK and most recently Director of Regulation. Hêdd brings with him a vast amount of industry experience, having worked in various leadership, commercial and engineering roles with NGET over the past two decades, covering charging and access development, investment management and customer and commercial services.
お知らせ • Feb 15+ 1 more updateSmart Wires Technology Ltd. Provides Revenue Guidance for the Fourth Quarter of 2021, Full-Year 2021 and Full-Year 2022Smart Wires Technology Ltd. provided revenue guidance for the fourth quarter of 2021, full-year 2021 and full-year 2022. For the fourth quarter 2021, revenue is expected to be approximately $19.2 million compared to $8.3 million in the fourth quarter of 2020. For full-year 2021 revenue is expected to be approximately $47.5 million compared to $15.4 million for the full-year 2020. For full-year 2022, the company revenue guidance in the range of $65 million to $70 million.
お知らせ • Feb 09Amprion and Smart Wires Successfully Tested Modular Power Flow Control TechnologyAmprion and Smart Wires have successfully completed a pilot test on the use of innovative technology for optimisation of grid loading. As a result of the one-and-a-half-year cooperation, Amprion has found that there are no technical reservations regarding the use of SmartValve™ technology in the German power grid. In August 2020 the transmission system operator Amprion and the company Smart Wires signed a cooperation agreement. The aim was to thoroughly investigate the technology that has not yet been used in Germany. Amprion has carried out extensive studies and technical analyses of Smart Wires' modular static synchronous series compensator. The SmartValve is intended to distribute power flows more evenly across circuits, and herewith increase utilisation of lines and contribute to system stability. The SmartValve can optimally utilise the capacity of the lines through targeted load flow changes. The transmission grid can be controlled in a better way and minimise the expensive use of power plants in congestion management. SmartValves are individual modules that can be expanded into larger deployments, depending on the system needs. The technology is easy to transport, thus can be used in more flexible way at different locations. The new technology can thus complement conventional large and phase-shifting transformers (PST) and introduces new use cases and applications. Amprion has carried out extensive studies and technical analyses of Smart Wires' modular static synchronous series compensator (m-SSSC). The SmartValve is intended to distribute power flows more evenly across circuits, and herewith increase utilisation of lines and contribute to system stability. The SmartValve can optimally utilise the capacity of the lines through targeted load flow changes (increase or decreasing power flows on a circuit). The transmission grid can be controlled in a better way and minimise the expensive use of power plants in congestion management. SmartValves are individual modules that can be expanded into larger deployments, depending on the system needs. The technology is easy to transport, thus can be used in more flexible way at different locations. The new technology can thus complement conventional large and phase-shifting transformers and introduces new use cases and applications.Amprion has carried out extensive studies and technical analyses of Smart Wires' modular static synchronous series compensator (m-SSSC). The SmartValve is intended to distribute power flows more evenly across circuits, and herewith increase utilisation of lines and contribute to system stability.The SmartValve can optimally utilise the capacity of the lines through targeted load flow changes (increase or decreasing power flows on a circuit). The transmission grid can be controlled in a better way and minimise the expensive use of power plants in congestion management. SmartValves are individual modules that can be expanded into larger deployments, depending on the system needs. The technology is easy to transport, thus can be used in more flexible way at different locations. The new technology can thus complement conventional large and phase-shifting transformers (PST) and introduces new use cases and applications.The climate targets of the EU and of the German government are accelerating the transformation of the power grid in Europe. In addition to the necessary grid expansion, more innovative technologies are being used for more efficient capacity utilisation. The German grid development plan also opens application of such technology in addition to new expansion project.
Reported Earnings • Nov 21Third quarter 2021 earnings released: US$0.14 loss per shareThe company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: US$5.86m (flat on 3Q 2020). Net loss: US$15.5m (flat on 3Q 2020).
Breakeven Date Change • Nov 17Forecast to breakeven in 2023The analyst covering Smart Wires Technology expects the company to break even for the first time. New forecast suggests the company will make a profit of US$20.8m in 2023. Average annual earnings growth of 91% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 23Forecast to breakeven in 2023The analyst covering Smart Wires Technology expects the company to break even for the first time. New forecast suggests the company will make a profit of US$20.8m in 2023. Average annual earnings growth of 91% is required to achieve expected profit on schedule.
Executive Departure • Jul 27Chief Financial Officer Evan Geisert has left the companyOn the 23rd of July, Evan Geisert's tenure as Chief Financial Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Evan's name. Evan is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.