View ValuationAAC Clyde Space 将来の成長Future 基準チェック /26AAC Clydece利益と収益がそれぞれ年間97.6%と26%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に-0.6% 92.8%なると予測されています。主要情報97.6%収益成長率92.75%EPS成長率Aerospace & Defense 収益成長27.1%収益成長率26.0%将来の株主資本利益率-0.60%アナリストカバレッジLow最終更新日20 May 2026今後の成長に関する最新情報Breakeven Date Change • Dec 30Forecast breakeven date pushed back to 2025The analyst covering AAC Clyde Space previously expected the company to break even in 2024. New forecast suggests losses will reduce by 32% to 2024. The company is expected to make a profit of kr21.7m in 2025. Average annual earnings growth of 166% is required to achieve expected profit on schedule.Breakeven Date Change • Jan 12Forecast to breakeven in 2024The analyst covering AAC Clyde Space expects the company to break even for the first time. New forecast suggests the company will make a profit of kr5.50m in 2024. Average annual earnings growth of 149% is required to achieve expected profit on schedule.Breakeven Date Change • Dec 14Forecast to breakeven in 2024The analyst covering AAC Clyde Space expects the company to break even for the first time. New forecast suggests the company will make a profit of kr21.7m in 2024. Average annual earnings growth of 178% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 08Forecast breakeven date moved forward to 2024The 2 analysts covering AAC Clyde Space previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of kr33.0m in 2024. Average annual earnings growth of 116% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 05The 2 analysts covering AAC Clyde Space previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 83% to 2023. The company is expected to make a profit of kr29.9m in 2024. Average annual earnings growth of 1.6% is required to achieve expected profit on schedule.Breakeven Date Change • Feb 28Forecast breakeven date moved forward to 2023The analyst covering AAC Clyde Space previously expected the company to break even in 2024. New forecast suggests the company will make a profit of kr5.58m in 2023. Earnings growth of 100% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesお知らせ • May 16AAC Clyde Space AB (publ) to Report Fiscal Year 2026 Results on Feb 18, 2027AAC Clyde Space AB (publ) announced that they will report fiscal year 2026 results on Feb 18, 2027お知らせ • Apr 17AAC Clyde Space AB (publ), Annual General Meeting, May 19, 2026AAC Clyde Space AB (publ), Annual General Meeting, May 19, 2026, at 16:00 W. Europe Standard Time. Location: company`s premises at dag hammarskjolds vag 48, uppsala Swedenお知らせ • Jan 14AAC Clyde Space AB (publ) Announces Approval for EPS-SternaAAC Clyde Space AB (publ) announced the decision by the EUMETSAT Council to give the green light to the EUMETSAT Polar System--Sterna (EPS - Sterna). As announced by EUMETSAT, the programme has now secured the backing of 29 of EUMETSAT's 30 Member States and is confirmed as a mandatory mission. As a result, all programme activities are authorised to start. With the programme now approved, development activities will proceed in line with EUMETSAT's established framework. ESA will act as procurement agency for the space segment on behalf of EUMETSAT. Industry suppliers, including AAC Clyde Space, participate through ESA-led procurement processes following established procedures. The core instrument in the EPS-Sterna constellation is the advanced microwave radiometer developed by AAC Clyde Space's subsidiary AAC Omnisys in Gothenburg and first flown on the Arctic Weather Satellite (AWS) mission. ESA and European meteorological institutions have confirmed the instrument's strong performance, including the novel 325 GHz channel, which enables measurements through cloud, rain and snow. In February 2025, AAC Clyde Space announced an order from prime contractor OHB Sweden to procure long lead-time instrument components for the EPS-Sterna programme as part of early programme preparations.Reported Earnings • Aug 18Second quarter 2025 earnings released: kr2.77 loss per share (vs kr4.80 loss in 2Q 2024)Second quarter 2025 results: kr2.77 loss per share (improved from kr4.80 loss in 2Q 2024). Revenue: kr77.4m (up 31% from 2Q 2024). Net loss: kr16.3m (loss narrowed 41% from 2Q 2024). Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 14+ 3 more updatesAAC Clyde Space AB (publ) to Report Fiscal Year 2025 Final Results on Apr 23, 2026AAC Clyde Space AB (publ) announced that they will report fiscal year 2025 final results on Apr 23, 2026お知らせ • May 15AAC Clyde Space AB (publ) to Report Fiscal Year 2025 Results on Feb 19, 2026AAC Clyde Space AB (publ) announced that they will report fiscal year 2025 results on Feb 19, 2026お知らせ • Apr 11AAC Clyde Space AB (publ), Annual General Meeting, May 22, 2025AAC Clyde Space AB (publ), Annual General Meeting, May 22, 2025, at 17:00 W. Europe Standard Time. Location: at clarion hotel gillet, dragarbrunnsgatan 23, uppsala Swedenお知らせ • Apr 04+ 3 more updatesAAC Clyde Space AB (publ) to Report Nine Months, 2025 Results on Nov 13, 2025AAC Clyde Space AB (publ) announced that they will report nine months, 2025 results on Nov 13, 2025Breakeven Date Change • Dec 30Forecast breakeven date pushed back to 2025The analyst covering AAC Clyde Space previously expected the company to break even in 2024. New forecast suggests losses will reduce by 32% to 2024. The company is expected to make a profit of kr21.7m in 2025. Average annual earnings growth of 166% is required to achieve expected profit on schedule.Reported Earnings • Nov 09Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: kr95.0m (up 54% from 3Q 2023). Net income: kr7.78m (up kr10.2m from 3Q 2023). Profit margin: 8.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 52% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (kr3.5m net loss next year). Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (€20.3m market cap, or US$21.9m).お知らせ • Oct 28AAC Clyde Space AB (publ) Appoints Håkan Tribell as Head of Communications for Investor Relations and Public Affairs, Effective January 7, 2025AAC Clyde Space AB (publ) has recruited communications expert Håkan Tribell to the newly created position as Head of Communications for Investor Relations and Public Affairs. Håkan brings extensive experience in communications and public affairs within both the business sector and politics. He previously worked at the Stockholm Chamber of Commerce, served as Director of Ideas at the think tank Timbro, and has also been a speechwriter for Ulf Kristersson, the current Prime Minister of Sweden. Håkan Tribell will assume his new role on January 7, 2025, and will primarily be based at the Uppsala office in Sweden.New Risk • Oct 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (kr3.5m net loss next year). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (€17.2m market cap, or US$18.6m).お知らせ • Oct 02AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Spacemetric Ab.AAC Clyde Space AB (publ) (OM:AAC) entered into a sale share and purchase agreement to acquire 100% stake in Spacemetric Ab for SEK 25 million on July 3, 2024. A cash consideration of SEK 8 million will be paid by AAC Clyde Space AB (publ). The consideration consists of common equity of AAC Clyde Space AB (publ) having a value of SEK 8 million to be issued for common equity of Spacemetric Ab. AAC Clyde Space AB (publ) will pay an earnout/contingent payment of SEK 4 million cash and of SEK 5 million in warrants which entitles to subscribe for shares in AAC Clyde Space. The earn-out payment of approximately SEK 9 million is conditional upon the achievement of certain earn-out milestones based on inter alia Spacemetric’s revenue for the financial years 2024-2026. Out of the SEK 9 million approximately SEK 4 million will be paid in cash and approximately SEK 5 million will be paid by issuance of warrants in AAC Clyde Space, which can be exercised for subscription of 106,800 shares in AAC Clyde Space. The exercise price of the warrants for subscription of shares shall correspond to the quotient value of the Company’s shares. The total consideration is SEK 25 million. The purchase price is subject to a post closing adjustment, pursuant to which the cash consideration shall be adjusted. The consideration shares shall be subject to lock-up undertakings for a period ranging from 360-810 days following the first day of trading of the shares and the earn-out shares, which can be subscribed for by exercising the warrants, shall be subject to lock-up undertakings for a period of 360 days following the first day of trading of such shares. For the financial year 2023, Spacemetric reported a turnover of SEK 14.3 million and had a positive net result amounting to approximately SEK 0.817 million and is well positioned for further growth. In connection with closing, the board of directors in AAC Clyde Space will, with support from the authorization granted at the annual general meeting held on May 23, 2024, resolve to issue 188,000 shares and 106,800 warrants to the current shareholders in Spacemetric, entailing a total increase of AAC Clyde Space’s share capital with SEK 589,600 provided that all earn-out milestones are fulfilled and that the warrants are exercised for subscription of shares. Closing of the transaction is subject to customary conditions as well as approval under the Swedish Protective Security Act and is expected to take place during the third quarter of 2024. PricewaterhouseCoopers AB, Investment Banking Arm acted as financial advisor to AAC Clyde Space AB. Setterwalls Advokatbyrå Ab acted as legal advisor to AAC Clyde Space AB. AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Spacemetric Ab on October 1, 2024.New Risk • Sep 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (€17.3m market cap, or US$19.3m).New Risk • May 23New major risk - Revenue and earnings growthEarnings have declined by 1.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr49m free cash flow). Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (39% increase in shares outstanding). Market cap is less than US$100m (€22.3m market cap, or US$24.2m).Reported Earnings • May 19First quarter 2024 earnings released: kr0.54 loss per share (vs kr1.58 loss in 1Q 2023)First quarter 2024 results: kr0.54 loss per share (improved from kr1.58 loss in 1Q 2023). Revenue: kr97.4m (up 18% from 1Q 2023). Net loss: kr3.09m (loss narrowed 52% from 1Q 2023). Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.お知らせ • Apr 27+ 3 more updatesAAC Clyde Space AB (publ) to Report Q4, 2024 Results on Feb 20, 2025AAC Clyde Space AB (publ) announced that they will report Q4, 2024 results on Feb 20, 2025お知らせ • Apr 24AAC Clyde Space AB (publ), Annual General Meeting, May 23, 2024AAC Clyde Space AB (publ), Annual General Meeting, May 23, 2024, at 13:00 Central European Standard Time. Location: Company's premises on Dag Hammarskjölds väg 48 in Uppsala, Uppsala Sweden Agenda: To consider . Election of chairman of the meeting; Preparation and approval of the voting list; Approval of the agenda; Election of one (1) or two (2) persons who shall approve the minutes of the meeting; Determination of whether the meeting has been duly convened; Submission of the annual report and the auditors' report and the consolidated financial statements and the auditors' report on the group; Resolution in respect of adoption of the profit and loss statement and the balance sheet and, where applicable, the consolidated profit and loss statement and the consolidated balance sheet; and to discuss other matters.New Risk • Feb 18New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr44m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr44m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 1.4% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (39% increase in shares outstanding). Market cap is less than US$100m (€24.8m market cap, or US$26.7m).New Risk • Feb 16New major risk - Revenue and earnings growthEarnings have declined by 1.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 1.4% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (39% increase in shares outstanding). Market cap is less than US$100m (€25.3m market cap, or US$27.3m).お知らせ • Jan 30AAC Clyde Space Announces Resignation of Anita Bernie from the Board of DirectorsAAC Clyde Space announced that Anita Bernie steps down from AAC Clyde Space's Board of Directors due to conflicting assignments which limit her Board Director role. Anita Bernie has been a Board Director since 2019. The Board of Directors consists thereafter of five Board Members.お知らせ • Jan 24AAC Clyde Space AB (publ) Successfully Transforms Data from a Compact Laser Communication Terminal, Called SmallCAT, Onboard A Space SpaceAAC Clyde Space AB (publ) have successfully transferred data from a compact laser satellite communications terminal, called SmallCAT, onboard a spacecraft in Low Earth Orbit (LEO) to Earth, thereby demonstrating that the laser satellite communication technology works under spaceflight conditions. AAC has contributed electronics and firmware to the laser communication terminal. The satellite communication terminal is developed by a TNO-led consortium with AAC Hyperion, the AAC Group's subsidiary in the Netherlands specialised in optical communications, for the onboard electronics, drivers as well as software, and Gooch & Housego for the laser transmitter. The development was financed by the Netherlands Space Office (NSO) through the ESA ARTES ScyLight Programme program and the Dutch Ministry of Defense's innovation budget. TNO also contributed in co-funding this program. The project also includes delivery of AAC Hyperion's gigabit detector the GD200 for the optical ground station in the Netherlands which successfully detected signal from the terminal which is carried by the Norwegian NORSAT-TD satellite launched in April 2023. A commercial version of the laser communication terminal, CubeCAT, is being commercialised by AAC Hyperion with its Dutch partner FSO Instruments. Measuring 10 x 10 x 10 cm and weighing 1.3 kg, the terminal is ideally suited for use on nano satellites. As commercial and government data demands continue to grow, the need for high-quality, timely data from space is growing rapidly. Laser communication technologies are being increasingly used to send data generated on satellites directly to earth, as an alternative to traditional radio-frequency communication. By transmitting through the infra-red wavelength band, the limitations of standard radio frequency communication technologies are avoided, thereby increasing transmission capabilities of satellites by factors of 10 to 100. Moreover, laser communication links are seen as more secure and laser communication systems have the potential of lower size, weight, and power, which is important in the space domain.お知らせ • Jan 12AAC Clyde Space Announces Resignation of Stefania Mandirola as Chief Operating OfficerAAC Clyde Space announced that its Chief Operating Officer Stefania Mandirola has stepped down from her role to explore new professional opportunities. The Group has decided not to seek an immediate replacement for the position.Breakeven Date Change • Jan 12Forecast to breakeven in 2024The analyst covering AAC Clyde Space expects the company to break even for the first time. New forecast suggests the company will make a profit of kr5.50m in 2024. Average annual earnings growth of 149% is required to achieve expected profit on schedule.Breakeven Date Change • Dec 14Forecast to breakeven in 2024The analyst covering AAC Clyde Space expects the company to break even for the first time. New forecast suggests the company will make a profit of kr21.7m in 2024. Average annual earnings growth of 178% is required to achieve expected profit on schedule.Reported Earnings • Nov 24Third quarter 2023 earnings released: kr0.009 loss per share (vs kr2.92 loss in 3Q 2022)Third quarter 2023 results: kr0.009 loss per share (improved from kr2.92 loss in 3Q 2022). Revenue: kr68.2m (up 35% from 3Q 2022). Net loss: kr2.40m (loss narrowed 79% from 3Q 2022). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.お知らせ • Sep 16AAC Clyde Space AB (publ) Secures ESA Funding for Wind Farm Data ServiceAAC Clyde Space AB (publ) and its partners have been granted EUR 0.85 million (approx. SEK 10.1 million) from the European Space Agency's Business Applications and Space Solutions (ESA BASS) programme to develop a service for the planning of construction and maintenance of offshore wind farms. The service will leverage weather data and AIS data collected by the Group's own satellites to enhance the efficiency among wind farm operators. Target customers for the planned product offering are service vessel and wind farm operators. Developing the software-based service is expected to take 24 months and will be carried out in collaboration with Scottish Power Renewables who has assumed the role of pilot end user. The service will become part of the Group's Space Data as a Service offering, extending the value chain even closer to end-customers.Breakeven Date Change • Sep 08Forecast breakeven date moved forward to 2024The 2 analysts covering AAC Clyde Space previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of kr33.0m in 2024. Average annual earnings growth of 116% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 05The 2 analysts covering AAC Clyde Space previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 83% to 2023. The company is expected to make a profit of kr29.9m in 2024. Average annual earnings growth of 1.6% is required to achieve expected profit on schedule.お知らせ • May 27AAC Clyde Space AB (publ) Approves the Appointment of Dino Lorenzini as Ordinary Board MemberAAC Clyde Space AB (publ) at its AGM held on May 25, 2023, approved the appointment of Dino Lorenzini as ordinary board members for the time until the end of next annual general meeting.Reported Earnings • Apr 26First quarter 2023 earnings released: kr0.032 loss per share (vs kr0.061 loss in 1Q 2022)First quarter 2023 results: kr0.032 loss per share (improved from kr0.061 loss in 1Q 2022). Revenue: kr87.1m (up 87% from 1Q 2022). Net loss: kr6.46m (loss narrowed 45% from 1Q 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Breakeven Date Change • Feb 28Forecast breakeven date moved forward to 2023The analyst covering AAC Clyde Space previously expected the company to break even in 2024. New forecast suggests the company will make a profit of kr5.58m in 2023. Earnings growth of 100% is required to achieve expected profit on schedule.Reported Earnings • Feb 24Full year 2022 earnings released: kr0.24 loss per share (vs kr0.23 loss in FY 2021)Full year 2022 results: kr0.24 loss per share (further deteriorated from kr0.23 loss in FY 2021). Revenue: kr243.7m (up 26% from FY 2021). Net loss: kr46.5m (loss widened 18% from FY 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.Breakeven Date Change • Dec 01Forecast breakeven date pushed back to 2024The 2 analysts covering AAC Clyde Space previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 75% per year to 2023. The company is expected to make a profit of kr35.8m in 2024. Average annual earnings growth of 95% is required to achieve expected profit on schedule.Reported Earnings • Nov 25Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr56.1m (up 49% from 3Q 2021). Net loss: kr11.6m (loss narrowed 34% from 3Q 2021). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings.お知らせ • Nov 24+ 5 more updatesAAC Clyde Space AB (publ) to Report First Half, 2023 Results on Aug 24, 2023AAC Clyde Space AB (publ) announced that they will report first half, 2023 results on Aug 24, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Nicole Robinson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Oct 13Iod-3 Amber Ready for First Uk Satellite LaunchAAC Clyde Space's has shipped the small satellite IOD-3 AmberTM to the launch site Cornwall Spaceport where it has been prepared for launch on a Virgin Orbit launch vehicle, the first ever launch from UK soil. The launch is planned to take place before year-end. IOD-3 Amber forms part of the Satellite Applications Catapult's In-Orbit Demonstration (IOD) programme, which supports UK businesses to rapidly develop and launch a satellite data service into orbit. The 6U cube satellite has been developed by the Satellite Applications Catapult, Horizon Technologies, the UK Space Agency and was designed and built by AAC Clyde Space. The cutting-edge satellite is designed for communication missions and carries Horizon Space Technologies' AMBER Payload, dedicated to delivering Maritime Domain Awareness intelligence data. It is highly integrated and utilizes in-built precision engineered avionics with decades of heritage from AAC Clyde Spaces widely used subsystems. IOD-3 Amber will be able to locate and track vessels worldwide by geolocating and demodulating RF signals in a system that can be used to fight piracy, illegal trans-shipments, illegal fishing, and refugee smuggling, but can also be used for other purposes such as detecting and tracking a variety of RF emitters. The satellite will be the first of more than twenty in Horizon's planned Amber constellation.Reported Earnings • Aug 26Second quarter 2022 earnings released: kr0.03 loss per share (vs kr0.055 loss in 2Q 2021)Second quarter 2022 results: kr0.03 loss per share (up from kr0.055 loss in 2Q 2021). Revenue: kr58.9m (up 16% from 2Q 2021). Net loss: kr5.79m (loss narrowed 40% from 2Q 2021). Over the next year, revenue is forecast to grow 52%, compared to a 25% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.お知らせ • Jul 29AAC Clyde Space Receives SEK 5.1 Million in ESA Funding to Develop Power SystemAAC Clyde Space AB (publ) has been awarded funding through the European Space Agency's ARTES Core Competitiveness programme which helps European and Canadian industry to develop innovative satcom technology, products and systems. The award will enable AAC Clyde Space to further develop its Starbuck Mini power system to address the needs of future constellations. The total project value is EUR 0.95 million (approx. SEK 10.1 million) of which ESA will fund half, and AAC the other half. The project will develop features for test and manufacturing to improve efficient serial production and speed up delivery times when scaling up to larger volumes. Additional features and standardised modules will also be added to target new customers as well as existing clients' next generation of satellites.Reported Earnings • May 20First quarter 2022 earnings released: kr0.061 loss per share (vs kr0.027 loss in 1Q 2021)First quarter 2022 results: kr0.061 loss per share (down from kr0.027 loss in 1Q 2021). Revenue: kr52.6m (up 35% from 1Q 2021). Net loss: kr11.7m (loss widened 195% from 1Q 2021). Over the next year, revenue is forecast to grow 65%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Nicole Robinson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Breakeven Date Change • Feb 26Forecast breakeven date pushed back to 2023The 2 analysts covering AAC Clyde Space previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 84% to 2022. The company is expected to make a profit of kr21.9m in 2023. Average annual earnings growth of 99% is required to achieve expected profit on schedule.Breakeven Date Change • Feb 19Forecast breakeven date pushed back to 2023The analyst covering AAC Clyde Space previously expected the company to break even in 2022. New forecast suggests losses will reduce by 42% to 2022. The company is expected to make a profit of kr28.6m in 2023. Average annual earnings growth of 70% is required to achieve expected profit on schedule.Reported Earnings • Feb 18Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: kr0.23 loss per share (up from kr0.37 loss in FY 2020). Revenue: kr210.8m (up 98% from FY 2020). Net loss: kr39.5m (loss widened 3.1% from FY 2020). Revenue exceeded analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 37%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Feb 18+ 3 more updatesAAC Clyde Space AB (publ) to Report First Half, 2022 Results on Aug 25, 2022AAC Clyde Space AB (publ) announced that they will report first half, 2022 results on Aug 25, 2022お知らせ • Feb 17AAC Clyde Space AB (publ), Annual General Meeting, May 19, 2022AAC Clyde Space AB (publ), Annual General Meeting, May 19, 2022, at 13:00 Central European Standard Time.お知らせ • Dec 23AAC Clyde Space Premiers Newly Recorded Podcast SeriesAAC Clyde Space releases a newly recorded pod series focussing on current topics in the space industry. The show is hosted by Moa Skan, a space enthusiast and PhD student in Astrophysics at Stockholm University and among the guests are Swedens first astronaut Christer Fuglesang, Member of the European Parliament and meteorologist Pär Holmgren, and the Director General of Swedish National Space Agency Anna Rathsman.お知らせ • Nov 27AAC Clyde Space AB (publ) Provides Financial Guidance for 2021 and 2024AAC Clyde Space AB (publ) provided financial guidance for 2021 and 2024. The company expected revenue target of approximately SEK 200 million in 2021.The company expected revenue target of SEK 500 million by 2024.Reported Earnings • Nov 27Third quarter 2021 earnings: EPS in line with expectations, revenues disappointThird quarter 2021 results: kr0.094 loss per share (down from kr0.051 loss in 3Q 2020). Revenue: kr41.3m (up 40% from 3Q 2020). Net loss: kr17.6m (loss widened 262% from 3Q 2020). Revenue missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 67%, compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Breakeven Date Change • Sep 23Forecast to breakeven in 2022The 2 analysts covering AAC Clyde Space expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr11.4m in 2022. Average annual earnings growth of 147% is required to achieve expected profit on schedule.Reported Earnings • Aug 27Second quarter 2021 earnings released: kr0.055 loss per share (vs kr0.11 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: kr53.5m (up 147% from 2Q 2020). Net loss: kr9.62m (loss narrowed 8.7% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.Reported Earnings • May 28First quarter 2021 earnings released: kr0.027 loss per share (vs kr0.099 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: kr42.4m (up 66% from 1Q 2020). Net loss: kr3.98m (loss narrowed 58% from 1Q 2020).お知らせ • May 01+ 1 more updateAAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Omnisys Instruments AB.AAC Clyde Space AB (publ) (OM:AAC) entered into a conditional agreement to acquire Omnisys Instruments AB for approximately SEK 75 million on March 31, 2021. The consideration includes SEK 25 million paid in cash and approximately SEK 50 million is paid through 17,340,100 newly issued consideration warrants in AAC Clyde Space AB. The cash portion of the consideration will be funded by the gross proceeds from the Directed new share issue of SEK 100 million. The completion of the transaction is conditional on the issue of the consideration warrants being approved at an extraordinary general meeting meeting estimated to be held end of April 2021. In 2020, Omnisys generated revenue of SEK 34.9 million, EBITDA of SEK 1.9 million, total assets of SEK 20.3 million and EBIT of SEK 1.7 million. Setterwalls Advokatbyrå AB acted as legal advisor and PricewaterhouseCoopers AB, Investment Banking Arm acted as financial advisor to AAC Clyde Space AB. AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Omnisys Instruments AB on April 30, 2021.Is New 90 Day High Low • Mar 06New 90-day low: €0.27The company is down 13% from its price of €0.31 on 04 December 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 4.0% over the same period.お知らせ • Mar 03AAC Clyde Space AB (publ) Appoints Ross Lang as Director of Finance UkAAC Clyde Space AB (publ) announced that in the new management structure, Ross Lang becomes the Director of Finance UK reporting directly to CFO Mats Thideman.Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 65%, compared to a 14% growth forecast for the Aerospace & Defense industry in Germany.Reported Earnings • Feb 20Full year 2020 earnings released: kr0.37 loss per share (vs kr0.48 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: kr119.5m (up 72% from FY 2019). Net loss: kr38.3m (loss narrowed 5.6% from FY 2019).Is New 90 Day High Low • Jan 20New 90-day high: €0.42The company is up 63% from its price of €0.26 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 35% over the same period.お知らせ • Jan 06Aac Clyde Space AB (Publ)'S Subsidiary Hyperion Receives EUR 0.15 Million Order to Carry Out an In-Orbit Verification of CubecatAAC Clyde Space AB (publ) ('AAC') subsidiary Hyperion has been awarded a EUR 0.15 million (approx. SEK 1.5 million) order to carry out an in-orbit verification of CubeCAT, its space-based laser communication terminal. CubeCAT is designed to enable ultra high-speed downlink of data from small satellites, greatly improving and facilitating their data communication. Hyperion Technologies has developed the laser communication satellite terminal together with the Dutch independent research institute TNO. The terminal is a 1U, low power and low mass solution to downlink data from small satellites with speeds ultimately up to 1 Gbps and uplink of 200 Kbps. The terminal is an ESA ScyLight technology demonstration project supported by the Netherlands Ministry of Defense and Netherlands Space Office. It is planned to launch into space early 2022 onboard the NorSat-TD satellite. The laser communication terminal will greatly improve and facilitate data communication for small satellites. Today, small satellites use radio communications with limited bandwidth and high power demand, a technology that severely constrains the ability to communicate the increasing volumes of data collected in orbit by modern small satellites.Is New 90 Day High Low • Jan 05New 90-day high: €0.35The company is up 31% from its price of €0.27 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 34% 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 31AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Space Quest Ltd.AAC Clyde Space AB (publ) (OM:AAC) agreed to acquire Space Quest Ltd for $10.3 million on October 15, 2020. Under the terms of the consideration, AAC will issue 24 million shares to settle the transaction. Additionally, revenue based earn out payments to be made which will be settled through issuance of 2.3 million and 2.6 million shares for the years 2021 and 2022 and earn out for the year 2023 will be settled through a cash payment of $1.3 million. Post completion of the transaction, SpaceQuest's shareholders will own 20% stake in AAC. Post completion of the transaction, AAC,s workforce will increase to 107 staff at three different locations (Uppsala, Glasgow and Fairfax). The transaction is subject to standard conditions to closing, including approval by the General Meeting in AAC and Committee of Foreign Investment in the United States (CFIUS) approval. The AAC shares received are subject to a lock-up undertakings as follows: one third of the shares are subject to lock-up for 6 months, one third for 12 months and one third for 18 months. The General meeting will be held on November 5, 2020. The transaction is expected to close in November or December 2020 depending on approval from CFIUS. As on November 26, 2020, the transaction was approved by The Committee on Foreign Investments in the United States (CFIUS) and has determined that there are no unresolved national securities concerns. Setterwalls Advokatbyrå AB, Cooley LLP and Latham & Watkins LLP acted as legal advisor for AAC. PwC acted as the financial advisor for AAC. AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Space Quest Ltd on December 30, 2020. All conditions for completion of the acquisition have been met.Recent Insider Transactions • Dec 12Insider recently bought €5.7k worth of stockOn the 3rd of December, Per Danielsson bought around 18k shares on-market at roughly €0.31 per share. In the last 3 months, there was an even bigger purchase from another insider worth €15k. Insiders have collectively bought €50k more in shares than they have sold in the last 12 months.Is New 90 Day High Low • Dec 01New 90-day high: €0.33The company is up 14% from its price of €0.29 on 02 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.Reported Earnings • Nov 28Third quarter 2020 earnings released: kr0.051 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: kr29.4m (up 98% from 3Q 2019). Net loss: kr4.87m (loss narrowed 56% from 3Q 2019).お知らせ • Nov 19Aac Clyde Space to Develop A 19.7 Meur (Approx. 202 Msek) Innovative Constellation Services with Esa and Uk Space AgencyAAC Clyde Space embarks on a 3-year project, named xSPANCION, with the European Space Agency (ESA) to develop an innovative satellite constellation service, including the manufacturing of 10 spacecrafts. The UK Space Agency through ESA, will co-fund the project with 9.9 MEUR (approx. 101.4 MSEK). AAC Clyde Space intends to, outside this project, enter into customer service agreements for data delivery from the constellation. During the first phase of the project running until mid-2021, AAC Clyde Space will deliver a preliminary design for its next generation space as a service offering. The value of this first phase is 1.8 MEUR (approx. 18.4 MSEK) of which 0.9 MEUR (approx. 9.2 MSEK) will be co-funded by UK Space Agency through ESA, providing sufficient resources to achieve comfortably this part of the project. The co-funding from UK Space Agency will be recognized as revenue with no net margin since AAC Clyde Space and partners will co-fund the remaining 0.9 MEUR (approx. 9.2 MEUR). Once the first phase is successfully completed, the project culminates in the manufacturing of 10 satellites and demonstration of 4 of them in orbit. The value of this part of the project is 17.9 MEUR (approx. 183.3 MSEK) of which 8.9 MEUR (approx. 91.1 MSEK), will be co-funded by UK Space Agency through ESA. In parallel and in anticipation to the second phase, AAC Clyde Space intends to enter into customer agreements for data delivery from its constellation services, bringing additional match co-fund to the project.お知らせ • Nov 11AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Hyperion Technologies B.V.AAC Clyde Space AB (publ) (OM:AAC) entered into an agreement to acquire Hyperion Technologies B.V. for SEK 23.7 million on October 7, 2020. Under the term, AAC will pay 7.755 million new share at an issue price of SEK 2.80 per share and SEK 1.1 million in cash as consideration. Additional earn-out, based on a positive net result during January 1, 2021 – December 31, 2021, amounting to SEK 1.1 million will be paid out in cash during Q1 2022. Hyperion Technologies will become a fully owned subsidiary of AAC Clyde Space AB (publ), operating from its current facilities in Delft. The sellers have undertaken not to sell the AAC shares received. The AAC shares received are to be subject to lock-up undertakings as follows: one third of the shares are subject to customary lock-up undertakings for 6 months, one third for 12 months and one third for 18 months. As of December 31, 2019, Hyperion Technologies reported revenue of SEK 12.6 million and EBITDA of SEK 2.1 million. The transaction is conditional of approval by the extraordinary general meeting in AAC. A notice to the EGM will be announced on or around October 14, 2020 on the issues. The EGM of AAC will take place on November 4, 2020. The transaction is expected to close on November 4, 2020. Setterwalls Advokatbyrå AB and AKD N.V. acted as a legal advisor to AAC. AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Hyperion Technologies B.V. on November 10, 2020. The shareholders of AAC approved the transaction on November 5, 2020.Is New 90 Day High Low • Oct 30New 90-day low: €0.21The company is down 37% from its price of €0.33 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 8.0% 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 16AAC Clyde Space AB (publ) (OM:AAC) agreed to acquire Space Quest Ltd (Inc) for $10.3 million.AAC Clyde Space AB (publ) (OM:AAC) agreed to acquire Space Quest Ltd (Inc) for $10.3 million on October 15, 2020. Under the terms of the consideration, AAC will issue 24 million shares to settle the transaction. Additionally, revenue based earn out payments to be made which will be settled through issuance of 2.3 million and 2.6 million shares for the years 2021 and 2022 and earn out for the year 2023 will be settled through a cash payment of $1.3 million. Post completion of the transaction, SpaceQuest's shareholders will own 20% stake in AAC. Post completion of the transaction, AAC,s workforce will increase to 107 staff at three different locations (Uppsala, Glasgow and Fairfax). The transaction is subject to standard conditions to closing, including approval by the General Meeting in AAC and Committee of Foreign Investment in the United States (CFIUS) approval. The AAC shares received are subject to a lock-up undertakings as follows: one third of the shares are subject to lock-up for 6 months, one third for 12 months and one third for 18 months. The General meeting will be held on November 5, 2020. The transaction is expected to close in November or December 2020 depending on approval from CFIUS. Setterwalls Advokatbyrå AB, Cooley LLP and Latham & Watkins LLP acted as legal advisor for AAC. PwC acted as the financial advisor for AAC.お知らせ • Oct 08AAC Clyde Space AB (publ) (OM:AAC) entered into an agreement to acquire Hyperion Technologies B.V. for SEK 23.7 million.AAC Clyde Space AB (publ) (OM:AAC) entered into an agreement to acquire Hyperion Technologies B.V. for SEK 23.7 million on October 7, 2020. Under the term, AAC will pay 7.755 million new share at an issue price of SEK 2.80 per share and SEK 1.1 million in cash as consideration. Additional earn-out, based on a positive net result during January 1, 2021 – December 31, 2021, amounting to SEK 1.1 million will be paid out in cash during Q1 2022. Hyperion Technologies will become a fully owned subsidiary of AAC Clyde Space AB (publ), operating from its current facilities in Delft. The sellers have undertaken not to sell the AAC shares received. The AAC shares received are to be subject to lock-up undertakings as follows: one third of the shares are subject to customary lock-up undertakings for 6 months, one third for 12 months and one third for 18 months. As of December 31, 2019, Hyperion Technologies reported revenue of SEK 12.6 million and EBITDA of SEK 2.1 million. The transaction is conditional of approval by the extraordinary general meeting in AAC. A notice to the EGM will be announced on or around October 14, 2020 on the issues. The EGM of AAC will take place on November 4, 2020. The transaction is expected to close on November 4, 2020. Setterwalls Advokatbyrå AB and AKD N.V. acted as a legal advisor to AAC.業績と収益の成長予測DB:MKC0 - アナリストの将来予測と過去の財務データ ( )SEK 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12/31/2028668712N/A212/31/2027575-5-1285212/31/2026474-20-651823/31/2026292-54-117-70N/A12/31/2025311-46-118-73N/A9/30/2025385-23-495N/A6/30/2025395-2-1237N/A3/31/2025377-13-143N/A12/31/2024376-61757N/A9/30/2024306-512663N/A6/30/2024277-611351N/A3/31/2024301-38-432N/A12/31/2023306-41-465N/A9/30/2023293-31-67-12N/A6/30/2023282-40-73-21N/A3/31/2023255-41-57-10N/A12/31/2022218-47-346N/A9/30/2022218-37-76-38N/A6/30/2022206-43-74-46N/A3/31/2022201-47-41-8N/A12/31/2021194-39-65-35N/A9/30/2021157-45-69-49N/A6/30/2021149-32-52-26N/A3/31/2021120-33-49-32N/A12/31/2020107-38-35-17N/A9/30/202098-33-24-2N/A6/30/202084-39-35-14N/A3/31/202079-40-33-17N/A12/31/201969-41N/A-16N/A9/30/201977-32N/A-29N/A6/30/201973-39N/A-30N/A3/31/201978-37N/A-41N/A12/31/201879-43N/A-49N/A9/30/201853-52N/A-45N/A6/30/201846-41N/A-42N/A3/31/201829-37N/A-32N/A12/31/201717-27N/A-25N/A9/30/201718-31N/A-18N/A6/30/201722-27N/A-13N/A3/31/201723-26N/A-12N/A12/31/201626-24N/A-11N/A9/30/201630-17N/AN/AN/A12/31/201524-20N/A-17N/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: MKC0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: MKC0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: MKC0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: MKC0の収益 ( 26% ) 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: MKC0の収益 ( 26% ) 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: MKC0 3 年以内に赤字になると予測されています。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2026/05/25 11:04終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31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AAC Clyde Space AB (publ) 2 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。4 アナリスト機関Hugo LisjoDNB Carnegie Commissioned ResearchDavid LarkamEdison Investment ResearchMagnus BehmPareto Securities1 その他のアナリストを表示
Breakeven Date Change • Dec 30Forecast breakeven date pushed back to 2025The analyst covering AAC Clyde Space previously expected the company to break even in 2024. New forecast suggests losses will reduce by 32% to 2024. The company is expected to make a profit of kr21.7m in 2025. Average annual earnings growth of 166% is required to achieve expected profit on schedule.
Breakeven Date Change • Jan 12Forecast to breakeven in 2024The analyst covering AAC Clyde Space expects the company to break even for the first time. New forecast suggests the company will make a profit of kr5.50m in 2024. Average annual earnings growth of 149% is required to achieve expected profit on schedule.
Breakeven Date Change • Dec 14Forecast to breakeven in 2024The analyst covering AAC Clyde Space expects the company to break even for the first time. New forecast suggests the company will make a profit of kr21.7m in 2024. Average annual earnings growth of 178% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 08Forecast breakeven date moved forward to 2024The 2 analysts covering AAC Clyde Space previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of kr33.0m in 2024. Average annual earnings growth of 116% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 05The 2 analysts covering AAC Clyde Space previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 83% to 2023. The company is expected to make a profit of kr29.9m in 2024. Average annual earnings growth of 1.6% is required to achieve expected profit on schedule.
Breakeven Date Change • Feb 28Forecast breakeven date moved forward to 2023The analyst covering AAC Clyde Space previously expected the company to break even in 2024. New forecast suggests the company will make a profit of kr5.58m in 2023. Earnings growth of 100% is required to achieve expected profit on schedule.
お知らせ • May 16AAC Clyde Space AB (publ) to Report Fiscal Year 2026 Results on Feb 18, 2027AAC Clyde Space AB (publ) announced that they will report fiscal year 2026 results on Feb 18, 2027
お知らせ • Apr 17AAC Clyde Space AB (publ), Annual General Meeting, May 19, 2026AAC Clyde Space AB (publ), Annual General Meeting, May 19, 2026, at 16:00 W. Europe Standard Time. Location: company`s premises at dag hammarskjolds vag 48, uppsala Sweden
お知らせ • Jan 14AAC Clyde Space AB (publ) Announces Approval for EPS-SternaAAC Clyde Space AB (publ) announced the decision by the EUMETSAT Council to give the green light to the EUMETSAT Polar System--Sterna (EPS - Sterna). As announced by EUMETSAT, the programme has now secured the backing of 29 of EUMETSAT's 30 Member States and is confirmed as a mandatory mission. As a result, all programme activities are authorised to start. With the programme now approved, development activities will proceed in line with EUMETSAT's established framework. ESA will act as procurement agency for the space segment on behalf of EUMETSAT. Industry suppliers, including AAC Clyde Space, participate through ESA-led procurement processes following established procedures. The core instrument in the EPS-Sterna constellation is the advanced microwave radiometer developed by AAC Clyde Space's subsidiary AAC Omnisys in Gothenburg and first flown on the Arctic Weather Satellite (AWS) mission. ESA and European meteorological institutions have confirmed the instrument's strong performance, including the novel 325 GHz channel, which enables measurements through cloud, rain and snow. In February 2025, AAC Clyde Space announced an order from prime contractor OHB Sweden to procure long lead-time instrument components for the EPS-Sterna programme as part of early programme preparations.
Reported Earnings • Aug 18Second quarter 2025 earnings released: kr2.77 loss per share (vs kr4.80 loss in 2Q 2024)Second quarter 2025 results: kr2.77 loss per share (improved from kr4.80 loss in 2Q 2024). Revenue: kr77.4m (up 31% from 2Q 2024). Net loss: kr16.3m (loss narrowed 41% from 2Q 2024). Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 14+ 3 more updatesAAC Clyde Space AB (publ) to Report Fiscal Year 2025 Final Results on Apr 23, 2026AAC Clyde Space AB (publ) announced that they will report fiscal year 2025 final results on Apr 23, 2026
お知らせ • May 15AAC Clyde Space AB (publ) to Report Fiscal Year 2025 Results on Feb 19, 2026AAC Clyde Space AB (publ) announced that they will report fiscal year 2025 results on Feb 19, 2026
お知らせ • Apr 11AAC Clyde Space AB (publ), Annual General Meeting, May 22, 2025AAC Clyde Space AB (publ), Annual General Meeting, May 22, 2025, at 17:00 W. Europe Standard Time. Location: at clarion hotel gillet, dragarbrunnsgatan 23, uppsala Sweden
お知らせ • Apr 04+ 3 more updatesAAC Clyde Space AB (publ) to Report Nine Months, 2025 Results on Nov 13, 2025AAC Clyde Space AB (publ) announced that they will report nine months, 2025 results on Nov 13, 2025
Breakeven Date Change • Dec 30Forecast breakeven date pushed back to 2025The analyst covering AAC Clyde Space previously expected the company to break even in 2024. New forecast suggests losses will reduce by 32% to 2024. The company is expected to make a profit of kr21.7m in 2025. Average annual earnings growth of 166% is required to achieve expected profit on schedule.
Reported Earnings • Nov 09Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: kr95.0m (up 54% from 3Q 2023). Net income: kr7.78m (up kr10.2m from 3Q 2023). Profit margin: 8.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 52% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (kr3.5m net loss next year). Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (€20.3m market cap, or US$21.9m).
お知らせ • Oct 28AAC Clyde Space AB (publ) Appoints Håkan Tribell as Head of Communications for Investor Relations and Public Affairs, Effective January 7, 2025AAC Clyde Space AB (publ) has recruited communications expert Håkan Tribell to the newly created position as Head of Communications for Investor Relations and Public Affairs. Håkan brings extensive experience in communications and public affairs within both the business sector and politics. He previously worked at the Stockholm Chamber of Commerce, served as Director of Ideas at the think tank Timbro, and has also been a speechwriter for Ulf Kristersson, the current Prime Minister of Sweden. Håkan Tribell will assume his new role on January 7, 2025, and will primarily be based at the Uppsala office in Sweden.
New Risk • Oct 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (kr3.5m net loss next year). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (€17.2m market cap, or US$18.6m).
お知らせ • Oct 02AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Spacemetric Ab.AAC Clyde Space AB (publ) (OM:AAC) entered into a sale share and purchase agreement to acquire 100% stake in Spacemetric Ab for SEK 25 million on July 3, 2024. A cash consideration of SEK 8 million will be paid by AAC Clyde Space AB (publ). The consideration consists of common equity of AAC Clyde Space AB (publ) having a value of SEK 8 million to be issued for common equity of Spacemetric Ab. AAC Clyde Space AB (publ) will pay an earnout/contingent payment of SEK 4 million cash and of SEK 5 million in warrants which entitles to subscribe for shares in AAC Clyde Space. The earn-out payment of approximately SEK 9 million is conditional upon the achievement of certain earn-out milestones based on inter alia Spacemetric’s revenue for the financial years 2024-2026. Out of the SEK 9 million approximately SEK 4 million will be paid in cash and approximately SEK 5 million will be paid by issuance of warrants in AAC Clyde Space, which can be exercised for subscription of 106,800 shares in AAC Clyde Space. The exercise price of the warrants for subscription of shares shall correspond to the quotient value of the Company’s shares. The total consideration is SEK 25 million. The purchase price is subject to a post closing adjustment, pursuant to which the cash consideration shall be adjusted. The consideration shares shall be subject to lock-up undertakings for a period ranging from 360-810 days following the first day of trading of the shares and the earn-out shares, which can be subscribed for by exercising the warrants, shall be subject to lock-up undertakings for a period of 360 days following the first day of trading of such shares. For the financial year 2023, Spacemetric reported a turnover of SEK 14.3 million and had a positive net result amounting to approximately SEK 0.817 million and is well positioned for further growth. In connection with closing, the board of directors in AAC Clyde Space will, with support from the authorization granted at the annual general meeting held on May 23, 2024, resolve to issue 188,000 shares and 106,800 warrants to the current shareholders in Spacemetric, entailing a total increase of AAC Clyde Space’s share capital with SEK 589,600 provided that all earn-out milestones are fulfilled and that the warrants are exercised for subscription of shares. Closing of the transaction is subject to customary conditions as well as approval under the Swedish Protective Security Act and is expected to take place during the third quarter of 2024. PricewaterhouseCoopers AB, Investment Banking Arm acted as financial advisor to AAC Clyde Space AB. Setterwalls Advokatbyrå Ab acted as legal advisor to AAC Clyde Space AB. AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Spacemetric Ab on October 1, 2024.
New Risk • Sep 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (€17.3m market cap, or US$19.3m).
New Risk • May 23New major risk - Revenue and earnings growthEarnings have declined by 1.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr49m free cash flow). Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (39% increase in shares outstanding). Market cap is less than US$100m (€22.3m market cap, or US$24.2m).
Reported Earnings • May 19First quarter 2024 earnings released: kr0.54 loss per share (vs kr1.58 loss in 1Q 2023)First quarter 2024 results: kr0.54 loss per share (improved from kr1.58 loss in 1Q 2023). Revenue: kr97.4m (up 18% from 1Q 2023). Net loss: kr3.09m (loss narrowed 52% from 1Q 2023). Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.
お知らせ • Apr 27+ 3 more updatesAAC Clyde Space AB (publ) to Report Q4, 2024 Results on Feb 20, 2025AAC Clyde Space AB (publ) announced that they will report Q4, 2024 results on Feb 20, 2025
お知らせ • Apr 24AAC Clyde Space AB (publ), Annual General Meeting, May 23, 2024AAC Clyde Space AB (publ), Annual General Meeting, May 23, 2024, at 13:00 Central European Standard Time. Location: Company's premises on Dag Hammarskjölds väg 48 in Uppsala, Uppsala Sweden Agenda: To consider . Election of chairman of the meeting; Preparation and approval of the voting list; Approval of the agenda; Election of one (1) or two (2) persons who shall approve the minutes of the meeting; Determination of whether the meeting has been duly convened; Submission of the annual report and the auditors' report and the consolidated financial statements and the auditors' report on the group; Resolution in respect of adoption of the profit and loss statement and the balance sheet and, where applicable, the consolidated profit and loss statement and the consolidated balance sheet; and to discuss other matters.
New Risk • Feb 18New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr44m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr44m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 1.4% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (39% increase in shares outstanding). Market cap is less than US$100m (€24.8m market cap, or US$26.7m).
New Risk • Feb 16New major risk - Revenue and earnings growthEarnings have declined by 1.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 1.4% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (39% increase in shares outstanding). Market cap is less than US$100m (€25.3m market cap, or US$27.3m).
お知らせ • Jan 30AAC Clyde Space Announces Resignation of Anita Bernie from the Board of DirectorsAAC Clyde Space announced that Anita Bernie steps down from AAC Clyde Space's Board of Directors due to conflicting assignments which limit her Board Director role. Anita Bernie has been a Board Director since 2019. The Board of Directors consists thereafter of five Board Members.
お知らせ • Jan 24AAC Clyde Space AB (publ) Successfully Transforms Data from a Compact Laser Communication Terminal, Called SmallCAT, Onboard A Space SpaceAAC Clyde Space AB (publ) have successfully transferred data from a compact laser satellite communications terminal, called SmallCAT, onboard a spacecraft in Low Earth Orbit (LEO) to Earth, thereby demonstrating that the laser satellite communication technology works under spaceflight conditions. AAC has contributed electronics and firmware to the laser communication terminal. The satellite communication terminal is developed by a TNO-led consortium with AAC Hyperion, the AAC Group's subsidiary in the Netherlands specialised in optical communications, for the onboard electronics, drivers as well as software, and Gooch & Housego for the laser transmitter. The development was financed by the Netherlands Space Office (NSO) through the ESA ARTES ScyLight Programme program and the Dutch Ministry of Defense's innovation budget. TNO also contributed in co-funding this program. The project also includes delivery of AAC Hyperion's gigabit detector the GD200 for the optical ground station in the Netherlands which successfully detected signal from the terminal which is carried by the Norwegian NORSAT-TD satellite launched in April 2023. A commercial version of the laser communication terminal, CubeCAT, is being commercialised by AAC Hyperion with its Dutch partner FSO Instruments. Measuring 10 x 10 x 10 cm and weighing 1.3 kg, the terminal is ideally suited for use on nano satellites. As commercial and government data demands continue to grow, the need for high-quality, timely data from space is growing rapidly. Laser communication technologies are being increasingly used to send data generated on satellites directly to earth, as an alternative to traditional radio-frequency communication. By transmitting through the infra-red wavelength band, the limitations of standard radio frequency communication technologies are avoided, thereby increasing transmission capabilities of satellites by factors of 10 to 100. Moreover, laser communication links are seen as more secure and laser communication systems have the potential of lower size, weight, and power, which is important in the space domain.
お知らせ • Jan 12AAC Clyde Space Announces Resignation of Stefania Mandirola as Chief Operating OfficerAAC Clyde Space announced that its Chief Operating Officer Stefania Mandirola has stepped down from her role to explore new professional opportunities. The Group has decided not to seek an immediate replacement for the position.
Breakeven Date Change • Jan 12Forecast to breakeven in 2024The analyst covering AAC Clyde Space expects the company to break even for the first time. New forecast suggests the company will make a profit of kr5.50m in 2024. Average annual earnings growth of 149% is required to achieve expected profit on schedule.
Breakeven Date Change • Dec 14Forecast to breakeven in 2024The analyst covering AAC Clyde Space expects the company to break even for the first time. New forecast suggests the company will make a profit of kr21.7m in 2024. Average annual earnings growth of 178% is required to achieve expected profit on schedule.
Reported Earnings • Nov 24Third quarter 2023 earnings released: kr0.009 loss per share (vs kr2.92 loss in 3Q 2022)Third quarter 2023 results: kr0.009 loss per share (improved from kr2.92 loss in 3Q 2022). Revenue: kr68.2m (up 35% from 3Q 2022). Net loss: kr2.40m (loss narrowed 79% from 3Q 2022). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.
お知らせ • Sep 16AAC Clyde Space AB (publ) Secures ESA Funding for Wind Farm Data ServiceAAC Clyde Space AB (publ) and its partners have been granted EUR 0.85 million (approx. SEK 10.1 million) from the European Space Agency's Business Applications and Space Solutions (ESA BASS) programme to develop a service for the planning of construction and maintenance of offshore wind farms. The service will leverage weather data and AIS data collected by the Group's own satellites to enhance the efficiency among wind farm operators. Target customers for the planned product offering are service vessel and wind farm operators. Developing the software-based service is expected to take 24 months and will be carried out in collaboration with Scottish Power Renewables who has assumed the role of pilot end user. The service will become part of the Group's Space Data as a Service offering, extending the value chain even closer to end-customers.
Breakeven Date Change • Sep 08Forecast breakeven date moved forward to 2024The 2 analysts covering AAC Clyde Space previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of kr33.0m in 2024. Average annual earnings growth of 116% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 05The 2 analysts covering AAC Clyde Space previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 83% to 2023. The company is expected to make a profit of kr29.9m in 2024. Average annual earnings growth of 1.6% is required to achieve expected profit on schedule.
お知らせ • May 27AAC Clyde Space AB (publ) Approves the Appointment of Dino Lorenzini as Ordinary Board MemberAAC Clyde Space AB (publ) at its AGM held on May 25, 2023, approved the appointment of Dino Lorenzini as ordinary board members for the time until the end of next annual general meeting.
Reported Earnings • Apr 26First quarter 2023 earnings released: kr0.032 loss per share (vs kr0.061 loss in 1Q 2022)First quarter 2023 results: kr0.032 loss per share (improved from kr0.061 loss in 1Q 2022). Revenue: kr87.1m (up 87% from 1Q 2022). Net loss: kr6.46m (loss narrowed 45% from 1Q 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Breakeven Date Change • Feb 28Forecast breakeven date moved forward to 2023The analyst covering AAC Clyde Space previously expected the company to break even in 2024. New forecast suggests the company will make a profit of kr5.58m in 2023. Earnings growth of 100% is required to achieve expected profit on schedule.
Reported Earnings • Feb 24Full year 2022 earnings released: kr0.24 loss per share (vs kr0.23 loss in FY 2021)Full year 2022 results: kr0.24 loss per share (further deteriorated from kr0.23 loss in FY 2021). Revenue: kr243.7m (up 26% from FY 2021). Net loss: kr46.5m (loss widened 18% from FY 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
Breakeven Date Change • Dec 01Forecast breakeven date pushed back to 2024The 2 analysts covering AAC Clyde Space previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 75% per year to 2023. The company is expected to make a profit of kr35.8m in 2024. Average annual earnings growth of 95% is required to achieve expected profit on schedule.
Reported Earnings • Nov 25Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr56.1m (up 49% from 3Q 2021). Net loss: kr11.6m (loss narrowed 34% from 3Q 2021). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings.
お知らせ • Nov 24+ 5 more updatesAAC Clyde Space AB (publ) to Report First Half, 2023 Results on Aug 24, 2023AAC Clyde Space AB (publ) announced that they will report first half, 2023 results on Aug 24, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Nicole Robinson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 13Iod-3 Amber Ready for First Uk Satellite LaunchAAC Clyde Space's has shipped the small satellite IOD-3 AmberTM to the launch site Cornwall Spaceport where it has been prepared for launch on a Virgin Orbit launch vehicle, the first ever launch from UK soil. The launch is planned to take place before year-end. IOD-3 Amber forms part of the Satellite Applications Catapult's In-Orbit Demonstration (IOD) programme, which supports UK businesses to rapidly develop and launch a satellite data service into orbit. The 6U cube satellite has been developed by the Satellite Applications Catapult, Horizon Technologies, the UK Space Agency and was designed and built by AAC Clyde Space. The cutting-edge satellite is designed for communication missions and carries Horizon Space Technologies' AMBER Payload, dedicated to delivering Maritime Domain Awareness intelligence data. It is highly integrated and utilizes in-built precision engineered avionics with decades of heritage from AAC Clyde Spaces widely used subsystems. IOD-3 Amber will be able to locate and track vessels worldwide by geolocating and demodulating RF signals in a system that can be used to fight piracy, illegal trans-shipments, illegal fishing, and refugee smuggling, but can also be used for other purposes such as detecting and tracking a variety of RF emitters. The satellite will be the first of more than twenty in Horizon's planned Amber constellation.
Reported Earnings • Aug 26Second quarter 2022 earnings released: kr0.03 loss per share (vs kr0.055 loss in 2Q 2021)Second quarter 2022 results: kr0.03 loss per share (up from kr0.055 loss in 2Q 2021). Revenue: kr58.9m (up 16% from 2Q 2021). Net loss: kr5.79m (loss narrowed 40% from 2Q 2021). Over the next year, revenue is forecast to grow 52%, compared to a 25% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
お知らせ • Jul 29AAC Clyde Space Receives SEK 5.1 Million in ESA Funding to Develop Power SystemAAC Clyde Space AB (publ) has been awarded funding through the European Space Agency's ARTES Core Competitiveness programme which helps European and Canadian industry to develop innovative satcom technology, products and systems. The award will enable AAC Clyde Space to further develop its Starbuck Mini power system to address the needs of future constellations. The total project value is EUR 0.95 million (approx. SEK 10.1 million) of which ESA will fund half, and AAC the other half. The project will develop features for test and manufacturing to improve efficient serial production and speed up delivery times when scaling up to larger volumes. Additional features and standardised modules will also be added to target new customers as well as existing clients' next generation of satellites.
Reported Earnings • May 20First quarter 2022 earnings released: kr0.061 loss per share (vs kr0.027 loss in 1Q 2021)First quarter 2022 results: kr0.061 loss per share (down from kr0.027 loss in 1Q 2021). Revenue: kr52.6m (up 35% from 1Q 2021). Net loss: kr11.7m (loss widened 195% from 1Q 2021). Over the next year, revenue is forecast to grow 65%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Nicole Robinson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • Feb 26Forecast breakeven date pushed back to 2023The 2 analysts covering AAC Clyde Space previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 84% to 2022. The company is expected to make a profit of kr21.9m in 2023. Average annual earnings growth of 99% is required to achieve expected profit on schedule.
Breakeven Date Change • Feb 19Forecast breakeven date pushed back to 2023The analyst covering AAC Clyde Space previously expected the company to break even in 2022. New forecast suggests losses will reduce by 42% to 2022. The company is expected to make a profit of kr28.6m in 2023. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
Reported Earnings • Feb 18Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: kr0.23 loss per share (up from kr0.37 loss in FY 2020). Revenue: kr210.8m (up 98% from FY 2020). Net loss: kr39.5m (loss widened 3.1% from FY 2020). Revenue exceeded analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 37%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Feb 18+ 3 more updatesAAC Clyde Space AB (publ) to Report First Half, 2022 Results on Aug 25, 2022AAC Clyde Space AB (publ) announced that they will report first half, 2022 results on Aug 25, 2022
お知らせ • Feb 17AAC Clyde Space AB (publ), Annual General Meeting, May 19, 2022AAC Clyde Space AB (publ), Annual General Meeting, May 19, 2022, at 13:00 Central European Standard Time.
お知らせ • Dec 23AAC Clyde Space Premiers Newly Recorded Podcast SeriesAAC Clyde Space releases a newly recorded pod series focussing on current topics in the space industry. The show is hosted by Moa Skan, a space enthusiast and PhD student in Astrophysics at Stockholm University and among the guests are Swedens first astronaut Christer Fuglesang, Member of the European Parliament and meteorologist Pär Holmgren, and the Director General of Swedish National Space Agency Anna Rathsman.
お知らせ • Nov 27AAC Clyde Space AB (publ) Provides Financial Guidance for 2021 and 2024AAC Clyde Space AB (publ) provided financial guidance for 2021 and 2024. The company expected revenue target of approximately SEK 200 million in 2021.The company expected revenue target of SEK 500 million by 2024.
Reported Earnings • Nov 27Third quarter 2021 earnings: EPS in line with expectations, revenues disappointThird quarter 2021 results: kr0.094 loss per share (down from kr0.051 loss in 3Q 2020). Revenue: kr41.3m (up 40% from 3Q 2020). Net loss: kr17.6m (loss widened 262% from 3Q 2020). Revenue missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 67%, compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Breakeven Date Change • Sep 23Forecast to breakeven in 2022The 2 analysts covering AAC Clyde Space expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr11.4m in 2022. Average annual earnings growth of 147% is required to achieve expected profit on schedule.
Reported Earnings • Aug 27Second quarter 2021 earnings released: kr0.055 loss per share (vs kr0.11 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: kr53.5m (up 147% from 2Q 2020). Net loss: kr9.62m (loss narrowed 8.7% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
Reported Earnings • May 28First quarter 2021 earnings released: kr0.027 loss per share (vs kr0.099 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: kr42.4m (up 66% from 1Q 2020). Net loss: kr3.98m (loss narrowed 58% from 1Q 2020).
お知らせ • May 01+ 1 more updateAAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Omnisys Instruments AB.AAC Clyde Space AB (publ) (OM:AAC) entered into a conditional agreement to acquire Omnisys Instruments AB for approximately SEK 75 million on March 31, 2021. The consideration includes SEK 25 million paid in cash and approximately SEK 50 million is paid through 17,340,100 newly issued consideration warrants in AAC Clyde Space AB. The cash portion of the consideration will be funded by the gross proceeds from the Directed new share issue of SEK 100 million. The completion of the transaction is conditional on the issue of the consideration warrants being approved at an extraordinary general meeting meeting estimated to be held end of April 2021. In 2020, Omnisys generated revenue of SEK 34.9 million, EBITDA of SEK 1.9 million, total assets of SEK 20.3 million and EBIT of SEK 1.7 million. Setterwalls Advokatbyrå AB acted as legal advisor and PricewaterhouseCoopers AB, Investment Banking Arm acted as financial advisor to AAC Clyde Space AB. AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Omnisys Instruments AB on April 30, 2021.
Is New 90 Day High Low • Mar 06New 90-day low: €0.27The company is down 13% from its price of €0.31 on 04 December 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 4.0% over the same period.
お知らせ • Mar 03AAC Clyde Space AB (publ) Appoints Ross Lang as Director of Finance UkAAC Clyde Space AB (publ) announced that in the new management structure, Ross Lang becomes the Director of Finance UK reporting directly to CFO Mats Thideman.
Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 65%, compared to a 14% growth forecast for the Aerospace & Defense industry in Germany.
Reported Earnings • Feb 20Full year 2020 earnings released: kr0.37 loss per share (vs kr0.48 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: kr119.5m (up 72% from FY 2019). Net loss: kr38.3m (loss narrowed 5.6% from FY 2019).
Is New 90 Day High Low • Jan 20New 90-day high: €0.42The company is up 63% from its price of €0.26 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 35% over the same period.
お知らせ • Jan 06Aac Clyde Space AB (Publ)'S Subsidiary Hyperion Receives EUR 0.15 Million Order to Carry Out an In-Orbit Verification of CubecatAAC Clyde Space AB (publ) ('AAC') subsidiary Hyperion has been awarded a EUR 0.15 million (approx. SEK 1.5 million) order to carry out an in-orbit verification of CubeCAT, its space-based laser communication terminal. CubeCAT is designed to enable ultra high-speed downlink of data from small satellites, greatly improving and facilitating their data communication. Hyperion Technologies has developed the laser communication satellite terminal together with the Dutch independent research institute TNO. The terminal is a 1U, low power and low mass solution to downlink data from small satellites with speeds ultimately up to 1 Gbps and uplink of 200 Kbps. The terminal is an ESA ScyLight technology demonstration project supported by the Netherlands Ministry of Defense and Netherlands Space Office. It is planned to launch into space early 2022 onboard the NorSat-TD satellite. The laser communication terminal will greatly improve and facilitate data communication for small satellites. Today, small satellites use radio communications with limited bandwidth and high power demand, a technology that severely constrains the ability to communicate the increasing volumes of data collected in orbit by modern small satellites.
Is New 90 Day High Low • Jan 05New 90-day high: €0.35The company is up 31% from its price of €0.27 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 34% 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 31AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Space Quest Ltd.AAC Clyde Space AB (publ) (OM:AAC) agreed to acquire Space Quest Ltd for $10.3 million on October 15, 2020. Under the terms of the consideration, AAC will issue 24 million shares to settle the transaction. Additionally, revenue based earn out payments to be made which will be settled through issuance of 2.3 million and 2.6 million shares for the years 2021 and 2022 and earn out for the year 2023 will be settled through a cash payment of $1.3 million. Post completion of the transaction, SpaceQuest's shareholders will own 20% stake in AAC. Post completion of the transaction, AAC,s workforce will increase to 107 staff at three different locations (Uppsala, Glasgow and Fairfax). The transaction is subject to standard conditions to closing, including approval by the General Meeting in AAC and Committee of Foreign Investment in the United States (CFIUS) approval. The AAC shares received are subject to a lock-up undertakings as follows: one third of the shares are subject to lock-up for 6 months, one third for 12 months and one third for 18 months. The General meeting will be held on November 5, 2020. The transaction is expected to close in November or December 2020 depending on approval from CFIUS. As on November 26, 2020, the transaction was approved by The Committee on Foreign Investments in the United States (CFIUS) and has determined that there are no unresolved national securities concerns. Setterwalls Advokatbyrå AB, Cooley LLP and Latham & Watkins LLP acted as legal advisor for AAC. PwC acted as the financial advisor for AAC. AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Space Quest Ltd on December 30, 2020. All conditions for completion of the acquisition have been met.
Recent Insider Transactions • Dec 12Insider recently bought €5.7k worth of stockOn the 3rd of December, Per Danielsson bought around 18k shares on-market at roughly €0.31 per share. In the last 3 months, there was an even bigger purchase from another insider worth €15k. Insiders have collectively bought €50k more in shares than they have sold in the last 12 months.
Is New 90 Day High Low • Dec 01New 90-day high: €0.33The company is up 14% from its price of €0.29 on 02 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
Reported Earnings • Nov 28Third quarter 2020 earnings released: kr0.051 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: kr29.4m (up 98% from 3Q 2019). Net loss: kr4.87m (loss narrowed 56% from 3Q 2019).
お知らせ • Nov 19Aac Clyde Space to Develop A 19.7 Meur (Approx. 202 Msek) Innovative Constellation Services with Esa and Uk Space AgencyAAC Clyde Space embarks on a 3-year project, named xSPANCION, with the European Space Agency (ESA) to develop an innovative satellite constellation service, including the manufacturing of 10 spacecrafts. The UK Space Agency through ESA, will co-fund the project with 9.9 MEUR (approx. 101.4 MSEK). AAC Clyde Space intends to, outside this project, enter into customer service agreements for data delivery from the constellation. During the first phase of the project running until mid-2021, AAC Clyde Space will deliver a preliminary design for its next generation space as a service offering. The value of this first phase is 1.8 MEUR (approx. 18.4 MSEK) of which 0.9 MEUR (approx. 9.2 MSEK) will be co-funded by UK Space Agency through ESA, providing sufficient resources to achieve comfortably this part of the project. The co-funding from UK Space Agency will be recognized as revenue with no net margin since AAC Clyde Space and partners will co-fund the remaining 0.9 MEUR (approx. 9.2 MEUR). Once the first phase is successfully completed, the project culminates in the manufacturing of 10 satellites and demonstration of 4 of them in orbit. The value of this part of the project is 17.9 MEUR (approx. 183.3 MSEK) of which 8.9 MEUR (approx. 91.1 MSEK), will be co-funded by UK Space Agency through ESA. In parallel and in anticipation to the second phase, AAC Clyde Space intends to enter into customer agreements for data delivery from its constellation services, bringing additional match co-fund to the project.
お知らせ • Nov 11AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Hyperion Technologies B.V.AAC Clyde Space AB (publ) (OM:AAC) entered into an agreement to acquire Hyperion Technologies B.V. for SEK 23.7 million on October 7, 2020. Under the term, AAC will pay 7.755 million new share at an issue price of SEK 2.80 per share and SEK 1.1 million in cash as consideration. Additional earn-out, based on a positive net result during January 1, 2021 – December 31, 2021, amounting to SEK 1.1 million will be paid out in cash during Q1 2022. Hyperion Technologies will become a fully owned subsidiary of AAC Clyde Space AB (publ), operating from its current facilities in Delft. The sellers have undertaken not to sell the AAC shares received. The AAC shares received are to be subject to lock-up undertakings as follows: one third of the shares are subject to customary lock-up undertakings for 6 months, one third for 12 months and one third for 18 months. As of December 31, 2019, Hyperion Technologies reported revenue of SEK 12.6 million and EBITDA of SEK 2.1 million. The transaction is conditional of approval by the extraordinary general meeting in AAC. A notice to the EGM will be announced on or around October 14, 2020 on the issues. The EGM of AAC will take place on November 4, 2020. The transaction is expected to close on November 4, 2020. Setterwalls Advokatbyrå AB and AKD N.V. acted as a legal advisor to AAC. AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Hyperion Technologies B.V. on November 10, 2020. The shareholders of AAC approved the transaction on November 5, 2020.
Is New 90 Day High Low • Oct 30New 90-day low: €0.21The company is down 37% from its price of €0.33 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 8.0% 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 16AAC Clyde Space AB (publ) (OM:AAC) agreed to acquire Space Quest Ltd (Inc) for $10.3 million.AAC Clyde Space AB (publ) (OM:AAC) agreed to acquire Space Quest Ltd (Inc) for $10.3 million on October 15, 2020. Under the terms of the consideration, AAC will issue 24 million shares to settle the transaction. Additionally, revenue based earn out payments to be made which will be settled through issuance of 2.3 million and 2.6 million shares for the years 2021 and 2022 and earn out for the year 2023 will be settled through a cash payment of $1.3 million. Post completion of the transaction, SpaceQuest's shareholders will own 20% stake in AAC. Post completion of the transaction, AAC,s workforce will increase to 107 staff at three different locations (Uppsala, Glasgow and Fairfax). The transaction is subject to standard conditions to closing, including approval by the General Meeting in AAC and Committee of Foreign Investment in the United States (CFIUS) approval. The AAC shares received are subject to a lock-up undertakings as follows: one third of the shares are subject to lock-up for 6 months, one third for 12 months and one third for 18 months. The General meeting will be held on November 5, 2020. The transaction is expected to close in November or December 2020 depending on approval from CFIUS. Setterwalls Advokatbyrå AB, Cooley LLP and Latham & Watkins LLP acted as legal advisor for AAC. PwC acted as the financial advisor for AAC.
お知らせ • Oct 08AAC Clyde Space AB (publ) (OM:AAC) entered into an agreement to acquire Hyperion Technologies B.V. for SEK 23.7 million.AAC Clyde Space AB (publ) (OM:AAC) entered into an agreement to acquire Hyperion Technologies B.V. for SEK 23.7 million on October 7, 2020. Under the term, AAC will pay 7.755 million new share at an issue price of SEK 2.80 per share and SEK 1.1 million in cash as consideration. Additional earn-out, based on a positive net result during January 1, 2021 – December 31, 2021, amounting to SEK 1.1 million will be paid out in cash during Q1 2022. Hyperion Technologies will become a fully owned subsidiary of AAC Clyde Space AB (publ), operating from its current facilities in Delft. The sellers have undertaken not to sell the AAC shares received. The AAC shares received are to be subject to lock-up undertakings as follows: one third of the shares are subject to customary lock-up undertakings for 6 months, one third for 12 months and one third for 18 months. As of December 31, 2019, Hyperion Technologies reported revenue of SEK 12.6 million and EBITDA of SEK 2.1 million. The transaction is conditional of approval by the extraordinary general meeting in AAC. A notice to the EGM will be announced on or around October 14, 2020 on the issues. The EGM of AAC will take place on November 4, 2020. The transaction is expected to close on November 4, 2020. Setterwalls Advokatbyrå AB and AKD N.V. acted as a legal advisor to AAC.