View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsTECO 2030 将来の成長Future 基準チェック /06現在、 TECO 2030の成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Machinery 収益成長21.9%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Breakeven Date Change • May 01Forecast breakeven date pushed back to 2024The analyst covering TECO 2030 previously expected the company to break even in 2022. New forecast suggests the company will make a profit of kr3.00m in 2024. Average annual earnings growth of 79% is required to achieve expected profit on schedule.Breakeven Date Change • Feb 22Forecast breakeven date pushed back to 2023The 2 analysts covering TECO 2030 previously expected the company to break even in 2022. New consensus forecast suggests the company will make a profit of kr26.5m in 2023. Average annual earnings growth of 72% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesNew Risk • Oct 23New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.66m (US$9.34m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (48% average daily change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m (kr2.1m revenue, or US$188k). Market cap is less than US$10m (€8.66m market cap, or US$9.34m). Minor Risk Shareholders have been diluted in the past year (38% increase in shares outstanding).Reported Earnings • Sep 22First half 2024 earnings releasedFirst half 2024 results: kr0.72 loss per share. Net loss: kr117.3m (loss widened 108% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings.お知らせ • Jul 30TECO 2030 ASA announced that it expects to receive NOK 11 million in fundingTECO 2030 ASA announced a private placement that it will issue 5,500,000 new shares at an issue price of NOK 2 per share for the gross proceeds of NOK 11,000,000 on July 29, 2024. On the same day, the company issued 2,000,000 new shares at an issue price of NOK 2 per share for the gross proceeds of NOK 4,000,000 in its first tranche.Reported Earnings • Jul 18Full year 2023 earnings released: kr0.73 loss per share (vs kr0.65 loss in FY 2022)Full year 2023 results: kr0.73 loss per share (further deteriorated from kr0.65 loss in FY 2022). Net loss: kr117.7m (loss widened 26% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings.New Risk • Jul 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% 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: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Shareholders have been diluted in the past year (25% increase in shares outstanding). Revenue is less than US$5m (kr12m revenue, or US$1.1m). Market cap is less than US$100m (€26.9m market cap, or US$29.0m).New Risk • Jun 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. 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 (-kr130m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (kr12m revenue, or US$1.1m). Market cap is less than US$100m (€23.7m market cap, or US$25.4m).お知らせ • Apr 27+ 4 more updatesTECO 2030 ASA to Report Fiscal Year 2023 Results on May 31, 2024TECO 2030 ASA announced that they will report fiscal year 2023 results at 12:00 PM, Central European Standard Time on May 31, 2024New Risk • Mar 03New major risk - Revenue and earnings growthEarnings have declined by 46% 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 (-kr130m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risks Revenue is less than US$5m (kr12m revenue, or US$1.1m). Market cap is less than US$100m (€34.1m market cap, or US$36.9m).Reported Earnings • Nov 30Third quarter 2023 earnings releasedThird quarter 2023 results: Net loss: kr22.2m (loss narrowed 6.5% from 3Q 2022). Revenue is forecast to grow 63% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany.お知らせ • Oct 13TECO 2030 ASA Elaborates the Fcm400TECO 2030 ASA elaborated the FCM400. The FCM400 has already an Approval in Principle from DNV and currently undergoes type approval process for maritime and heavy-duty applications. FCM400 is inherently gas-safe to accommodate easy integration onboard a ship for zero emission energy generation. TECO 2030 has developed hydrogen fuel cells that enable ships and other heavy-duty applications to become emissions-free, and the company is in the process of establishing Europe's first Giga production facility for hydrogen PEM fuel cell stacks and modules in Narvik, Norway. Production of fuel cell stacks is already underway, and the commencement of module production is expected tostart within the next few months. TECO 2030's fuel cell stacks employ unique technologies developed together with technology partner, AVL, a forerunner in hydrogen applications, enabling power density and performance. TECO 2030's world-class fuel cell system is a technologically advanced clean energy generation system. The attributes of the modular 400kW fuel cell system includes industry leading energy efficiency, inherent safety concept, leading dimensions and component design, lifetime, and rapid dynamic load response. Safety is always the key priority. TECO 2030's fuel cell system has been developed along with an inherent safety concept, this means that the design and operation of fuel cells minimize consequence of potential hazards. This includes a separate and independent safety system, venting arrangement, certified and field proven components, and robust containment systems. The FCM400 system has the lowest footprint on the market when calculating poweroutput per unit volume, meaning that there is no other supplier of similar energy density for marine and heavy-duty applications. Real estate onboard a ship or similar sites is limited so the importance of energy density is key to many of TECO 2030's clients and partners. The FCM400 has a dynamic load which relates to the ability of the fuel cell to rapidly respond to changes in power demand, which is important for mobility and grid applications were power requirements can change swiftly.Reported Earnings • Sep 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Net loss: kr28.9m (loss widened 73% from 2Q 2022). Revenue is forecast to grow 60% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany.New Risk • Jun 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.0m (US$97.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-kr181m free cash flow). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Revenue is less than US$5m (kr16m revenue, or US$1.5m). Market cap is less than US$100m (€90.0m market cap, or US$97.9m).お知らせ • May 31+ 1 more updateTeco 2030 and Avl Successfully Complete Feasibility Study on Industrializing Heavy-Duty Truck SystemsTECO 2030 announced that it successfully completes feasibility study for developing and industrializing a one size fits all heavy-duty truck fuel cell system. The feasibility study was pushed out in time, due to the broader investigation scope regarding product development of an automotive fuel cell system and how it can be industrialized at existing production facility in Narvik. The results from the feasibility study proved that system performance targets could be met or exceeded while using existing TECO 2030 infrastructure in Narvik and marine fuel cell technology. Through the study, the parties have investigated how the same fuel cell system packaging can be universally integrated to fit into both an EU 40 ton- and US class 8 heavy duty truck. design investigations, complemented by a performance simulation study revealed that could industrialize a range of automotive fuel cell systems ranging from 280 to 320kW, by utilizing the existing FCM400 supply chain, 100kW marine stack technology and reach large production volumes faster with the existing production infrastructure in Narvik. TECO 2030 will deliver 4 x 100kW fuel cell stacks to the 'AVL Fuel Cell DemoTruck' project towards the end of 2023. The goal of this project is to validate the stack technology together with AVL's HyTruck prototype fuel cell module for heavy-duty trucks.Reported Earnings • Apr 30Full year 2022 earnings released: kr0.65 loss per share (vs kr0.42 loss in FY 2021)Full year 2022 results: kr0.65 loss per share (further deteriorated from kr0.42 loss in FY 2021). Net loss: kr93.1m (loss widened 76% from FY 2021). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany.お知らせ • Jan 20+ 3 more updatesTECO 2030 ASA to Report Q3, 2023 Results on Nov 17, 2023TECO 2030 ASA announced that they will report Q3, 2023 results on Nov 17, 2023お知らせ • Jan 12TECO 2030 Completes First FCM400's Component ProcurementTECO 2030 has completed selection of all major component suppliers and procured necessary parts for the first fuel cell modules (FCM400). This means the FCM400 development is close to completion and the first units are ready for assembly. The layout release entails a freeze of all functional components to allow for further resimulation and fine detail solutions to be executed. The first FCM400 will be assembled at AVL's facility in Graz, Austria during Quarter 2, before its scheduled operation in the advanced testbed for complete simulation. The fuel cell development project now shifts from design engineering to the build and validation phase. The FCM400 will complete advanced testbed operations during Quarter 3 2023. The FCM400 is the building block in TECO 2030's Fuel Cell Power System and is a key driver towards achieving zero emissions while operating marine and heavy-duty applications. The system is designed for an electrical capacity of 400kW.Reported Earnings • Nov 16Third quarter 2022 earnings releasedThird quarter 2022 results: Net loss: kr23.7m (loss widened 59% from 3Q 2021). Revenue is forecast to grow 98% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Machinery industry in Germany.Board Change • Nov 16No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Chairperson Sigurd Lange is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Breakeven Date Change • May 01Forecast breakeven date pushed back to 2024The analyst covering TECO 2030 previously expected the company to break even in 2022. New forecast suggests the company will make a profit of kr3.00m in 2024. Average annual earnings growth of 79% is required to achieve expected profit on schedule.Board Change • Apr 27No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Chairperson Sigurd Lange is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.Breakeven Date Change • Feb 22Forecast breakeven date pushed back to 2023The 2 analysts covering TECO 2030 previously expected the company to break even in 2022. New consensus forecast suggests the company will make a profit of kr26.5m in 2023. Average annual earnings growth of 72% is required to achieve expected profit on schedule. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、TECO 2030 は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測DB:TE9 - アナリストの将来予測と過去の財務データ ( )NOK 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6/30/20242-179-56-45N/A3/31/20243-149-79-57N/A12/31/20239-118-123-60N/A9/30/202312-112-130-38N/A6/30/202315-113-193-97N/A3/31/202316-101-181-64N/A12/31/202213-93-170-79N/A9/30/202210-76-165-76N/A6/30/20227-68-116-32N/A3/31/202215-59-105-54N/A12/31/202113-53-74-38N/A9/30/202114-48-65-49N/A6/30/202113-43-62-47N/A3/31/20213-38-51-37N/A12/31/20202-27-38-24N/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: TE9の予測収益成長が 貯蓄率 ( 1% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: TE9の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: TE9の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: TE9の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: TE9の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。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: TE9の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/01/20 23:59終値2024/12/11 00:00収益2024/06/30年間収益2023/12/31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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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TECO 2030 ASA 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Jørgen TorstensenFearnley SecuritiesAshok KumarThinkEquity LLC
Breakeven Date Change • May 01Forecast breakeven date pushed back to 2024The analyst covering TECO 2030 previously expected the company to break even in 2022. New forecast suggests the company will make a profit of kr3.00m in 2024. Average annual earnings growth of 79% is required to achieve expected profit on schedule.
Breakeven Date Change • Feb 22Forecast breakeven date pushed back to 2023The 2 analysts covering TECO 2030 previously expected the company to break even in 2022. New consensus forecast suggests the company will make a profit of kr26.5m in 2023. Average annual earnings growth of 72% is required to achieve expected profit on schedule.
New Risk • Oct 23New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.66m (US$9.34m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (48% average daily change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m (kr2.1m revenue, or US$188k). Market cap is less than US$10m (€8.66m market cap, or US$9.34m). Minor Risk Shareholders have been diluted in the past year (38% increase in shares outstanding).
Reported Earnings • Sep 22First half 2024 earnings releasedFirst half 2024 results: kr0.72 loss per share. Net loss: kr117.3m (loss widened 108% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings.
お知らせ • Jul 30TECO 2030 ASA announced that it expects to receive NOK 11 million in fundingTECO 2030 ASA announced a private placement that it will issue 5,500,000 new shares at an issue price of NOK 2 per share for the gross proceeds of NOK 11,000,000 on July 29, 2024. On the same day, the company issued 2,000,000 new shares at an issue price of NOK 2 per share for the gross proceeds of NOK 4,000,000 in its first tranche.
Reported Earnings • Jul 18Full year 2023 earnings released: kr0.73 loss per share (vs kr0.65 loss in FY 2022)Full year 2023 results: kr0.73 loss per share (further deteriorated from kr0.65 loss in FY 2022). Net loss: kr117.7m (loss widened 26% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings.
New Risk • Jul 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% 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: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Shareholders have been diluted in the past year (25% increase in shares outstanding). Revenue is less than US$5m (kr12m revenue, or US$1.1m). Market cap is less than US$100m (€26.9m market cap, or US$29.0m).
New Risk • Jun 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. 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 (-kr130m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (kr12m revenue, or US$1.1m). Market cap is less than US$100m (€23.7m market cap, or US$25.4m).
お知らせ • Apr 27+ 4 more updatesTECO 2030 ASA to Report Fiscal Year 2023 Results on May 31, 2024TECO 2030 ASA announced that they will report fiscal year 2023 results at 12:00 PM, Central European Standard Time on May 31, 2024
New Risk • Mar 03New major risk - Revenue and earnings growthEarnings have declined by 46% 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 (-kr130m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risks Revenue is less than US$5m (kr12m revenue, or US$1.1m). Market cap is less than US$100m (€34.1m market cap, or US$36.9m).
Reported Earnings • Nov 30Third quarter 2023 earnings releasedThird quarter 2023 results: Net loss: kr22.2m (loss narrowed 6.5% from 3Q 2022). Revenue is forecast to grow 63% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany.
お知らせ • Oct 13TECO 2030 ASA Elaborates the Fcm400TECO 2030 ASA elaborated the FCM400. The FCM400 has already an Approval in Principle from DNV and currently undergoes type approval process for maritime and heavy-duty applications. FCM400 is inherently gas-safe to accommodate easy integration onboard a ship for zero emission energy generation. TECO 2030 has developed hydrogen fuel cells that enable ships and other heavy-duty applications to become emissions-free, and the company is in the process of establishing Europe's first Giga production facility for hydrogen PEM fuel cell stacks and modules in Narvik, Norway. Production of fuel cell stacks is already underway, and the commencement of module production is expected tostart within the next few months. TECO 2030's fuel cell stacks employ unique technologies developed together with technology partner, AVL, a forerunner in hydrogen applications, enabling power density and performance. TECO 2030's world-class fuel cell system is a technologically advanced clean energy generation system. The attributes of the modular 400kW fuel cell system includes industry leading energy efficiency, inherent safety concept, leading dimensions and component design, lifetime, and rapid dynamic load response. Safety is always the key priority. TECO 2030's fuel cell system has been developed along with an inherent safety concept, this means that the design and operation of fuel cells minimize consequence of potential hazards. This includes a separate and independent safety system, venting arrangement, certified and field proven components, and robust containment systems. The FCM400 system has the lowest footprint on the market when calculating poweroutput per unit volume, meaning that there is no other supplier of similar energy density for marine and heavy-duty applications. Real estate onboard a ship or similar sites is limited so the importance of energy density is key to many of TECO 2030's clients and partners. The FCM400 has a dynamic load which relates to the ability of the fuel cell to rapidly respond to changes in power demand, which is important for mobility and grid applications were power requirements can change swiftly.
Reported Earnings • Sep 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Net loss: kr28.9m (loss widened 73% from 2Q 2022). Revenue is forecast to grow 60% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany.
New Risk • Jun 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.0m (US$97.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-kr181m free cash flow). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Revenue is less than US$5m (kr16m revenue, or US$1.5m). Market cap is less than US$100m (€90.0m market cap, or US$97.9m).
お知らせ • May 31+ 1 more updateTeco 2030 and Avl Successfully Complete Feasibility Study on Industrializing Heavy-Duty Truck SystemsTECO 2030 announced that it successfully completes feasibility study for developing and industrializing a one size fits all heavy-duty truck fuel cell system. The feasibility study was pushed out in time, due to the broader investigation scope regarding product development of an automotive fuel cell system and how it can be industrialized at existing production facility in Narvik. The results from the feasibility study proved that system performance targets could be met or exceeded while using existing TECO 2030 infrastructure in Narvik and marine fuel cell technology. Through the study, the parties have investigated how the same fuel cell system packaging can be universally integrated to fit into both an EU 40 ton- and US class 8 heavy duty truck. design investigations, complemented by a performance simulation study revealed that could industrialize a range of automotive fuel cell systems ranging from 280 to 320kW, by utilizing the existing FCM400 supply chain, 100kW marine stack technology and reach large production volumes faster with the existing production infrastructure in Narvik. TECO 2030 will deliver 4 x 100kW fuel cell stacks to the 'AVL Fuel Cell DemoTruck' project towards the end of 2023. The goal of this project is to validate the stack technology together with AVL's HyTruck prototype fuel cell module for heavy-duty trucks.
Reported Earnings • Apr 30Full year 2022 earnings released: kr0.65 loss per share (vs kr0.42 loss in FY 2021)Full year 2022 results: kr0.65 loss per share (further deteriorated from kr0.42 loss in FY 2021). Net loss: kr93.1m (loss widened 76% from FY 2021). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany.
お知らせ • Jan 20+ 3 more updatesTECO 2030 ASA to Report Q3, 2023 Results on Nov 17, 2023TECO 2030 ASA announced that they will report Q3, 2023 results on Nov 17, 2023
お知らせ • Jan 12TECO 2030 Completes First FCM400's Component ProcurementTECO 2030 has completed selection of all major component suppliers and procured necessary parts for the first fuel cell modules (FCM400). This means the FCM400 development is close to completion and the first units are ready for assembly. The layout release entails a freeze of all functional components to allow for further resimulation and fine detail solutions to be executed. The first FCM400 will be assembled at AVL's facility in Graz, Austria during Quarter 2, before its scheduled operation in the advanced testbed for complete simulation. The fuel cell development project now shifts from design engineering to the build and validation phase. The FCM400 will complete advanced testbed operations during Quarter 3 2023. The FCM400 is the building block in TECO 2030's Fuel Cell Power System and is a key driver towards achieving zero emissions while operating marine and heavy-duty applications. The system is designed for an electrical capacity of 400kW.
Reported Earnings • Nov 16Third quarter 2022 earnings releasedThird quarter 2022 results: Net loss: kr23.7m (loss widened 59% from 3Q 2021). Revenue is forecast to grow 98% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Machinery industry in Germany.
Board Change • Nov 16No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Chairperson Sigurd Lange is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Breakeven Date Change • May 01Forecast breakeven date pushed back to 2024The analyst covering TECO 2030 previously expected the company to break even in 2022. New forecast suggests the company will make a profit of kr3.00m in 2024. Average annual earnings growth of 79% is required to achieve expected profit on schedule.
Board Change • Apr 27No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Chairperson Sigurd Lange is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.
Breakeven Date Change • Feb 22Forecast breakeven date pushed back to 2023The 2 analysts covering TECO 2030 previously expected the company to break even in 2022. New consensus forecast suggests the company will make a profit of kr26.5m in 2023. Average annual earnings growth of 72% is required to achieve expected profit on schedule.