View ValuationM Vest Water 将来の成長Future 基準チェック /66M Vest Water利益と収益がそれぞれ年間69.9%と31.5%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43.4% 69.9%なると予測されています。主要情報69.9%収益成長率69.89%EPS成長率Chemicals 収益成長43.6%収益成長率31.5%将来の株主資本利益率43.41%アナリストカバレッジLow最終更新日19 May 2026今後の成長に関する最新情報Breakeven Date Change • May 20Forecast breakeven date pushed back to 2028The 2 analysts covering M Vest Water previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of kr6.00m in 2028. Average annual earnings growth of 70% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 19Forecast breakeven date moved forward to 2025The analyst covering M Vest Water previously expected the company to break even in 2026. New forecast suggests losses will reduce by 43% to 2024. The company is expected to make a profit of kr1.00m in 2025. Average annual earnings growth of 71% is required to achieve expected profit on schedule.Breakeven Date Change • Nov 03Forecast to breakeven in 2024The analyst covering M Vest Water expects the company to break even for the first time. New forecast suggests the company will make a profit of kr4.00m in 2024. Average annual earnings growth of 113% is required to achieve expected profit on schedule.Breakeven Date Change • Jan 20Forecast to breakeven in 2024The analyst covering M Vest Water expects the company to break even for the first time. New forecast suggests the company will make a profit of kr26.0m in 2024. Average annual earnings growth of 93% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 16Forecast breakeven date pushed back to 2024The analyst covering M Vest Water previously expected the company to break even in 2023. New forecast suggests losses will reduce by 46% per year to 2023. The company is expected to make a profit of kr26.0m in 2024. Average annual earnings growth of 88% is required to achieve expected profit on schedule.Breakeven Date Change • Mar 04Forecast to breakeven in 2023The analyst covering M Vest Water expects the company to break even for the first time. New forecast suggests the company will make a profit of kr19.0m in 2023. Average annual earnings growth of 56% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesBoard Change • May 20No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. CTO & Director Atle Mundheim was the last director to join the board, commencing their role in 2026. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Breakeven Date Change • May 20Forecast breakeven date pushed back to 2028The 2 analysts covering M Vest Water previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of kr6.00m in 2028. Average annual earnings growth of 70% is required to achieve expected profit on schedule.お知らせ • Feb 13M Vest Water AS announced that it expects to receive NOK 10 million in funding from M Vest Invest AsM Vest Water AS entered into a Loan Agreement and announced a related-party private placement of Unsecured Convertible Loan to raise gross proceeds of NOK 10,000,000 on February 12, 2026. The transaction involves participation from M Vest Invest AS as returning investor and main shareholder of the company. The Loan carries an interest rate of 6% per annum and a commitment fee of 1.5 percent per annum on any undrawn portion of the facility. The loan is unsecured and matures on the first anniversary of the signing of the loan agreement. The lender has a right, but not an obligation, to convert its outstanding loan, including accrued and unpaid interest, into shares in the company at a conversion price of NOK 8 per share. Any shares issued upon conversion will grant full shareholder rights from the date the share capital increase is registered. The conversion price is subject to customary adjustments due to certain corporate actions, such as changes in nominal value or issuance of bonus shares.お知らせ • Jan 06+ 5 more updatesM Vest Water AS to Report Q3, 2026 Results on Nov 17, 2026M Vest Water AS announced that they will report Q3, 2026 results on Nov 17, 2026New Risk • Jan 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Revenue is less than US$5m (kr24m revenue, or US$2.4m). Market cap is less than US$100m (€20.3m market cap, or US$23.8m).Board Change • Dec 30No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Executive Chairman of the Board Tor Gabrielsen was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Oct 30+ 1 more updateM Vest Water AS has completed a Follow-on Equity Offering in the amount of NOK 8 million.M Vest Water AS has completed a Follow-on Equity Offering in the amount of NOK 8 million. Security Name: Shares Security Type: Common Stock Securities Offered: 1,000,000 Price\Range: NOK 8 Transaction Features: Subsequent Direct Listingお知らせ • Dec 18M Vest Water AS, Annual General Meeting, Mar 27, 2025M Vest Water AS, Annual General Meeting, Mar 27, 2025.お知らせ • Dec 17+ 4 more updatesM Vest Water AS to Report Fiscal Year 2024 Results on Mar 12, 2025M Vest Water AS announced that they will report fiscal year 2024 results on Mar 12, 2025Recent Insider Transactions • Oct 23CTO & Director recently sold €61k worth of stockOn the 18th of October, Atle Mundheim sold around 70k shares on-market at roughly €0.87 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Breakeven Date Change • Sep 19Forecast breakeven date moved forward to 2025The analyst covering M Vest Water previously expected the company to break even in 2026. New forecast suggests losses will reduce by 43% to 2024. The company is expected to make a profit of kr1.00m in 2025. Average annual earnings growth of 71% is required to achieve expected profit on schedule.Reported Earnings • Sep 12Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: kr9.93m (up 178% from 2Q 2023). Net loss: kr4.80m (loss widened 10.0% from 2Q 2023). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany.New Risk • Aug 13New 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 7.9% 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: Major Risk Revenue is less than US$1m (kr11m revenue, or US$998k). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€30.5m market cap, or US$33.3m).お知らせ • Aug 02M Vest Water AS Announces Retirement of Stein Giljarhus as CEOM Vest Water AS announced that the CEO, Mr. Stein Giljarhus, has informed the Board that after careful considerations, he has decided to step down from his position as CEO of the Company for retirement purposes and to spend more time with family. Mr. Stein Giljarhus will assist the Board in an advisory role during the transition phase until a new permanent CEO is in place. Mr. Stein Giljarhus, who joined MVW in 2019 as the CEO, has been instrumental in the development and growth of the Company. He also led the Company through the Euronext Growth Oslo listing process. A recruitment process has been initiated to find a suitable successor. Until a permanent successor is in place, the Company's Chairman of Board, Mr. Tor Olav Gabrielsen, will take on further responsibilities as Executive Chairman of Board in the interim period.Reported Earnings • May 15First quarter 2024 earnings released: kr0.22 loss per share (vs kr0.27 loss in 1Q 2023)First quarter 2024 results: kr0.22 loss per share (improved from kr0.27 loss in 1Q 2023). Revenue: kr2.63m (down 7.6% from 1Q 2023). Net loss: kr6.55m (loss narrowed 16% from 1Q 2023). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany.お知らせ • Apr 25M Vest Water AS has completed a Follow-on Equity Offering in the amount of NOK 20 million.M Vest Water AS has completed a Follow-on Equity Offering in the amount of NOK 20 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,500,000 Price\Range: NOK 8 Transaction Features: Regulation S; Subsequent Direct ListingReported Earnings • Mar 08Full year 2023 earnings released: kr0.97 loss per share (vs kr0.98 loss in FY 2022)Full year 2023 results: kr0.97 loss per share (improved from kr0.98 loss in FY 2022). Revenue: kr11.0m (up kr9.19m from FY 2022). Net loss: kr28.3m (loss narrowed 2.0% from FY 2022). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Chemicals industry in Germany.Board Change • Feb 02No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Chairman of the Board Tor Gabrielsen was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 29M Vest Water AS Wins Contracts from Aquateam COWIM Vest Water has been awarded 2 separate contracts from Aquateam COWI AS. Aquateam COWI has chosen MVW as one of the technology providers in a comprehensive assignment to bring forth commercial and technical solutions for a challenging wastewater treatment task to the highest environmental standard on behalf of a Norwegian major industrial client. The contracts relate to extensive pilot plant qualification programs serving as a scientific basis to recommend design and installation of two permanent wastewater treatment plants.Breakeven Date Change • Nov 03Forecast to breakeven in 2024The analyst covering M Vest Water expects the company to break even for the first time. New forecast suggests the company will make a profit of kr4.00m in 2024. Average annual earnings growth of 113% is required to achieve expected profit on schedule.Reported Earnings • Sep 14Second quarter 2023 earnings released: kr0.15 loss per share (vs kr0.20 loss in 2Q 2022)Second quarter 2023 results: kr0.15 loss per share (improved from kr0.20 loss in 2Q 2022). Revenue: kr3.57m (up kr3.07m from 2Q 2022). Net loss: kr4.36m (loss narrowed 24% from 2Q 2022). Revenue is forecast to grow 90% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Chemicals industry in Germany.Board Change • Aug 28No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Chairman of the Board Tor Gabrielsen was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jun 10M Vest Water as Announces Significant Technological Breakthrough in Municipal Wastewater TreatmentM Vest Water announced a significant technological breakthrough in municipal wastewater treatment. Over the past year, MVW has achieved successful development and documentation of two new methods utilizing NORWAFLOC products for dewatering municipal wastewater sludge. Method 1: The municipal sector in Germany is currently facing a pronounced and officially recognized shortage of Ferric Chloride, which has escalated into a long-term crisis. MVW presents a cost-effective and innovative solution that will effectively resolve this crisis by eliminating the requirement for Ferric Chloride. The technological breakthrough has demonstrated the ability of NORWAFLOC to completely substitute the extensive use of Ferric Chloride with MVW's natural polymers in all sewage plants, where they through a lime/ferric sludge dewatering process use the end product as fertilizer on agricultural land. MVW, in collaboration with German municipalities, shall execute pilot and full-scale qualification using this method in June, July, and August 2023 at two sewage treatment plants. These plants cater to populations of 50,000 and 600,000 individuals (p.e.) respectively. Contracts following the qualification phase are anticipated to be finalized in third quarter. The immediate target market comprises 10 similar plants, each designed for a capacity ranging from 600,000 to 1,200,000 p.e., exclusively located in Northern Germany. Method 2: Most sewage treatment plants currently use synthetic polyacrylamide polymers for sludge dewatering, followed by incineration of the sludge. However, MVW has successfully completed the development of a method that enables the replacement of 20 % of synthetic polymers with NORWAFLOC on a one-to-one basis. As a result, the discharged water exhibits significantly higher levels of cleanliness, while the dewatered sludge becomes substantially drier.Board Change • Apr 21No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Mar 27Full year 2022 earnings released: kr0.98 loss per share (vs kr0.93 loss in FY 2021)Full year 2022 results: kr0.98 loss per share (further deteriorated from kr0.93 loss in FY 2021). Net loss: kr28.9m (loss widened 6.1% from FY 2021). Revenue is forecast to grow 70% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Chemicals industry in Germany.Board Change • Feb 23No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Breakeven Date Change • Jan 20Forecast to breakeven in 2024The analyst covering M Vest Water expects the company to break even for the first time. New forecast suggests the company will make a profit of kr26.0m in 2024. Average annual earnings growth of 93% is required to achieve expected profit on schedule.Board Change • Jan 20No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Nov 22+ 4 more updatesM Vest Water AS to Report Q1, 2023 Results on May 16, 2023M Vest Water AS announced that they will report Q1, 2023 results on May 16, 2023Board Change • Nov 21No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Breakeven Date Change • Sep 16Forecast breakeven date pushed back to 2024The analyst covering M Vest Water previously expected the company to break even in 2023. New forecast suggests losses will reduce by 46% per year to 2023. The company is expected to make a profit of kr26.0m in 2024. Average annual earnings growth of 88% is required to achieve expected profit on schedule.Reported Earnings • Sep 14Second quarter 2022 earnings released: kr0.19 loss per share (vs kr0.088 loss in 2Q 2021)Second quarter 2022 results: kr0.19 loss per share (further deteriorated from kr0.088 loss in 2Q 2021). Net loss: kr5.68m (loss widened 131% from 2Q 2021). Revenue is forecast to grow 66% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Chemicals industry in Germany.お知らせ • Sep 08M Vest Water AS to Report Q2, 2022 Results on Sep 13, 2022M Vest Water AS announced that they will report Q2, 2022 results at 8:00 AM, Central European Standard Time on Sep 13, 2022Board Change • May 13No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • May 04First quarter 2022 earnings releasedFirst quarter 2022 results: Net loss: kr8.25m (loss widened 235% from 1Q 2021). Over the next year, revenue is forecast to grow 10,837%, compared to a 8.3% growth forecast for the industry in Germany.Board Change • Apr 29No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Breakeven Date Change • Mar 04Forecast to breakeven in 2023The analyst covering M Vest Water expects the company to break even for the first time. New forecast suggests the company will make a profit of kr19.0m in 2023. Average annual earnings growth of 56% is required to achieve expected profit on schedule.お知らせ • Jan 28M Vest Water AS to Report Fiscal Year 2021 Final Results on Feb 03, 2022M Vest Water AS announced that they will report fiscal year 2021 final results on Feb 03, 2022業績と収益の成長予測DB:7YA - 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12/31/2028896-19112/31/202767N/A-3-1212/31/202637-15-14-1013/31/202628-19-18-15N/A12/31/202527-19-21-19N/A9/30/202524-21-23-19N/A6/30/202522-22-29-24N/A3/31/202524-24-25-20N/A12/31/202423-25-28-23N/A9/30/202419-27-26-21N/A6/30/202417-28-24-20N/A3/31/202411-27-30-26N/A12/31/202311-28-30-26N/A9/30/202311-27-36-29N/A6/30/20237-27-39-30N/A3/31/20234-29-41-31N/A12/31/20222-29-45-35N/A9/30/20221-33-45-36N/A6/30/20221-36-46-37N/A3/31/20221-33-38-30N/A12/31/20210-27-26-19N/A9/30/20211-16-20-14N/A6/30/20212-5N/AN/AN/A3/31/20213-3N/AN/AN/A12/31/202040-7-3N/A12/31/201910N/AN/AN/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: 7YAは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.9% ) よりも高い成長率であると考えられます。収益対市場: 7YA今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 7YA今後 3 年以内に収益を上げることが予想されます。収益対市場: 7YAの収益 ( 31.5% ) German市場 ( 6.7% ) 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: 7YAの収益 ( 31.5% ) 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: 7YAの 自己資本利益率 は、3年後には非常に高くなると予測されています ( 43.4 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 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2026/06/09 05:01終値2026/06/09 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M Vest Water AS 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Nils Olav ThommesenFearnley SecuritiesNicolai TørnfeldtFearnley SecuritiesMindaugas CekanaviciusNorne Securities AS1 その他のアナリストを表示
Breakeven Date Change • May 20Forecast breakeven date pushed back to 2028The 2 analysts covering M Vest Water previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of kr6.00m in 2028. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 19Forecast breakeven date moved forward to 2025The analyst covering M Vest Water previously expected the company to break even in 2026. New forecast suggests losses will reduce by 43% to 2024. The company is expected to make a profit of kr1.00m in 2025. Average annual earnings growth of 71% is required to achieve expected profit on schedule.
Breakeven Date Change • Nov 03Forecast to breakeven in 2024The analyst covering M Vest Water expects the company to break even for the first time. New forecast suggests the company will make a profit of kr4.00m in 2024. Average annual earnings growth of 113% is required to achieve expected profit on schedule.
Breakeven Date Change • Jan 20Forecast to breakeven in 2024The analyst covering M Vest Water expects the company to break even for the first time. New forecast suggests the company will make a profit of kr26.0m in 2024. Average annual earnings growth of 93% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 16Forecast breakeven date pushed back to 2024The analyst covering M Vest Water previously expected the company to break even in 2023. New forecast suggests losses will reduce by 46% per year to 2023. The company is expected to make a profit of kr26.0m in 2024. Average annual earnings growth of 88% is required to achieve expected profit on schedule.
Breakeven Date Change • Mar 04Forecast to breakeven in 2023The analyst covering M Vest Water expects the company to break even for the first time. New forecast suggests the company will make a profit of kr19.0m in 2023. Average annual earnings growth of 56% is required to achieve expected profit on schedule.
Board Change • May 20No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. CTO & Director Atle Mundheim was the last director to join the board, commencing their role in 2026. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • May 20Forecast breakeven date pushed back to 2028The 2 analysts covering M Vest Water previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of kr6.00m in 2028. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
お知らせ • Feb 13M Vest Water AS announced that it expects to receive NOK 10 million in funding from M Vest Invest AsM Vest Water AS entered into a Loan Agreement and announced a related-party private placement of Unsecured Convertible Loan to raise gross proceeds of NOK 10,000,000 on February 12, 2026. The transaction involves participation from M Vest Invest AS as returning investor and main shareholder of the company. The Loan carries an interest rate of 6% per annum and a commitment fee of 1.5 percent per annum on any undrawn portion of the facility. The loan is unsecured and matures on the first anniversary of the signing of the loan agreement. The lender has a right, but not an obligation, to convert its outstanding loan, including accrued and unpaid interest, into shares in the company at a conversion price of NOK 8 per share. Any shares issued upon conversion will grant full shareholder rights from the date the share capital increase is registered. The conversion price is subject to customary adjustments due to certain corporate actions, such as changes in nominal value or issuance of bonus shares.
お知らせ • Jan 06+ 5 more updatesM Vest Water AS to Report Q3, 2026 Results on Nov 17, 2026M Vest Water AS announced that they will report Q3, 2026 results on Nov 17, 2026
New Risk • Jan 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Revenue is less than US$5m (kr24m revenue, or US$2.4m). Market cap is less than US$100m (€20.3m market cap, or US$23.8m).
Board Change • Dec 30No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Executive Chairman of the Board Tor Gabrielsen was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 30+ 1 more updateM Vest Water AS has completed a Follow-on Equity Offering in the amount of NOK 8 million.M Vest Water AS has completed a Follow-on Equity Offering in the amount of NOK 8 million. Security Name: Shares Security Type: Common Stock Securities Offered: 1,000,000 Price\Range: NOK 8 Transaction Features: Subsequent Direct Listing
お知らせ • Dec 18M Vest Water AS, Annual General Meeting, Mar 27, 2025M Vest Water AS, Annual General Meeting, Mar 27, 2025.
お知らせ • Dec 17+ 4 more updatesM Vest Water AS to Report Fiscal Year 2024 Results on Mar 12, 2025M Vest Water AS announced that they will report fiscal year 2024 results on Mar 12, 2025
Recent Insider Transactions • Oct 23CTO & Director recently sold €61k worth of stockOn the 18th of October, Atle Mundheim sold around 70k shares on-market at roughly €0.87 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Breakeven Date Change • Sep 19Forecast breakeven date moved forward to 2025The analyst covering M Vest Water previously expected the company to break even in 2026. New forecast suggests losses will reduce by 43% to 2024. The company is expected to make a profit of kr1.00m in 2025. Average annual earnings growth of 71% is required to achieve expected profit on schedule.
Reported Earnings • Sep 12Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: kr9.93m (up 178% from 2Q 2023). Net loss: kr4.80m (loss widened 10.0% from 2Q 2023). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany.
New Risk • Aug 13New 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 7.9% 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: Major Risk Revenue is less than US$1m (kr11m revenue, or US$998k). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€30.5m market cap, or US$33.3m).
お知らせ • Aug 02M Vest Water AS Announces Retirement of Stein Giljarhus as CEOM Vest Water AS announced that the CEO, Mr. Stein Giljarhus, has informed the Board that after careful considerations, he has decided to step down from his position as CEO of the Company for retirement purposes and to spend more time with family. Mr. Stein Giljarhus will assist the Board in an advisory role during the transition phase until a new permanent CEO is in place. Mr. Stein Giljarhus, who joined MVW in 2019 as the CEO, has been instrumental in the development and growth of the Company. He also led the Company through the Euronext Growth Oslo listing process. A recruitment process has been initiated to find a suitable successor. Until a permanent successor is in place, the Company's Chairman of Board, Mr. Tor Olav Gabrielsen, will take on further responsibilities as Executive Chairman of Board in the interim period.
Reported Earnings • May 15First quarter 2024 earnings released: kr0.22 loss per share (vs kr0.27 loss in 1Q 2023)First quarter 2024 results: kr0.22 loss per share (improved from kr0.27 loss in 1Q 2023). Revenue: kr2.63m (down 7.6% from 1Q 2023). Net loss: kr6.55m (loss narrowed 16% from 1Q 2023). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany.
お知らせ • Apr 25M Vest Water AS has completed a Follow-on Equity Offering in the amount of NOK 20 million.M Vest Water AS has completed a Follow-on Equity Offering in the amount of NOK 20 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,500,000 Price\Range: NOK 8 Transaction Features: Regulation S; Subsequent Direct Listing
Reported Earnings • Mar 08Full year 2023 earnings released: kr0.97 loss per share (vs kr0.98 loss in FY 2022)Full year 2023 results: kr0.97 loss per share (improved from kr0.98 loss in FY 2022). Revenue: kr11.0m (up kr9.19m from FY 2022). Net loss: kr28.3m (loss narrowed 2.0% from FY 2022). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Chemicals industry in Germany.
Board Change • Feb 02No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Chairman of the Board Tor Gabrielsen was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 29M Vest Water AS Wins Contracts from Aquateam COWIM Vest Water has been awarded 2 separate contracts from Aquateam COWI AS. Aquateam COWI has chosen MVW as one of the technology providers in a comprehensive assignment to bring forth commercial and technical solutions for a challenging wastewater treatment task to the highest environmental standard on behalf of a Norwegian major industrial client. The contracts relate to extensive pilot plant qualification programs serving as a scientific basis to recommend design and installation of two permanent wastewater treatment plants.
Breakeven Date Change • Nov 03Forecast to breakeven in 2024The analyst covering M Vest Water expects the company to break even for the first time. New forecast suggests the company will make a profit of kr4.00m in 2024. Average annual earnings growth of 113% is required to achieve expected profit on schedule.
Reported Earnings • Sep 14Second quarter 2023 earnings released: kr0.15 loss per share (vs kr0.20 loss in 2Q 2022)Second quarter 2023 results: kr0.15 loss per share (improved from kr0.20 loss in 2Q 2022). Revenue: kr3.57m (up kr3.07m from 2Q 2022). Net loss: kr4.36m (loss narrowed 24% from 2Q 2022). Revenue is forecast to grow 90% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Chemicals industry in Germany.
Board Change • Aug 28No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Chairman of the Board Tor Gabrielsen was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 10M Vest Water as Announces Significant Technological Breakthrough in Municipal Wastewater TreatmentM Vest Water announced a significant technological breakthrough in municipal wastewater treatment. Over the past year, MVW has achieved successful development and documentation of two new methods utilizing NORWAFLOC products for dewatering municipal wastewater sludge. Method 1: The municipal sector in Germany is currently facing a pronounced and officially recognized shortage of Ferric Chloride, which has escalated into a long-term crisis. MVW presents a cost-effective and innovative solution that will effectively resolve this crisis by eliminating the requirement for Ferric Chloride. The technological breakthrough has demonstrated the ability of NORWAFLOC to completely substitute the extensive use of Ferric Chloride with MVW's natural polymers in all sewage plants, where they through a lime/ferric sludge dewatering process use the end product as fertilizer on agricultural land. MVW, in collaboration with German municipalities, shall execute pilot and full-scale qualification using this method in June, July, and August 2023 at two sewage treatment plants. These plants cater to populations of 50,000 and 600,000 individuals (p.e.) respectively. Contracts following the qualification phase are anticipated to be finalized in third quarter. The immediate target market comprises 10 similar plants, each designed for a capacity ranging from 600,000 to 1,200,000 p.e., exclusively located in Northern Germany. Method 2: Most sewage treatment plants currently use synthetic polyacrylamide polymers for sludge dewatering, followed by incineration of the sludge. However, MVW has successfully completed the development of a method that enables the replacement of 20 % of synthetic polymers with NORWAFLOC on a one-to-one basis. As a result, the discharged water exhibits significantly higher levels of cleanliness, while the dewatered sludge becomes substantially drier.
Board Change • Apr 21No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 27Full year 2022 earnings released: kr0.98 loss per share (vs kr0.93 loss in FY 2021)Full year 2022 results: kr0.98 loss per share (further deteriorated from kr0.93 loss in FY 2021). Net loss: kr28.9m (loss widened 6.1% from FY 2021). Revenue is forecast to grow 70% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Chemicals industry in Germany.
Board Change • Feb 23No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Breakeven Date Change • Jan 20Forecast to breakeven in 2024The analyst covering M Vest Water expects the company to break even for the first time. New forecast suggests the company will make a profit of kr26.0m in 2024. Average annual earnings growth of 93% is required to achieve expected profit on schedule.
Board Change • Jan 20No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Nov 22+ 4 more updatesM Vest Water AS to Report Q1, 2023 Results on May 16, 2023M Vest Water AS announced that they will report Q1, 2023 results on May 16, 2023
Board Change • Nov 21No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Breakeven Date Change • Sep 16Forecast breakeven date pushed back to 2024The analyst covering M Vest Water previously expected the company to break even in 2023. New forecast suggests losses will reduce by 46% per year to 2023. The company is expected to make a profit of kr26.0m in 2024. Average annual earnings growth of 88% is required to achieve expected profit on schedule.
Reported Earnings • Sep 14Second quarter 2022 earnings released: kr0.19 loss per share (vs kr0.088 loss in 2Q 2021)Second quarter 2022 results: kr0.19 loss per share (further deteriorated from kr0.088 loss in 2Q 2021). Net loss: kr5.68m (loss widened 131% from 2Q 2021). Revenue is forecast to grow 66% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Chemicals industry in Germany.
お知らせ • Sep 08M Vest Water AS to Report Q2, 2022 Results on Sep 13, 2022M Vest Water AS announced that they will report Q2, 2022 results at 8:00 AM, Central European Standard Time on Sep 13, 2022
Board Change • May 13No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • May 04First quarter 2022 earnings releasedFirst quarter 2022 results: Net loss: kr8.25m (loss widened 235% from 1Q 2021). Over the next year, revenue is forecast to grow 10,837%, compared to a 8.3% growth forecast for the industry in Germany.
Board Change • Apr 29No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Breakeven Date Change • Mar 04Forecast to breakeven in 2023The analyst covering M Vest Water expects the company to break even for the first time. New forecast suggests the company will make a profit of kr19.0m in 2023. Average annual earnings growth of 56% is required to achieve expected profit on schedule.
お知らせ • Jan 28M Vest Water AS to Report Fiscal Year 2021 Final Results on Feb 03, 2022M Vest Water AS announced that they will report fiscal year 2021 final results on Feb 03, 2022