Napatech（0QJ4）株式概要Napatech A/Sは米州および海外でクラウド、企業、通信データセンター・ネットワーク向けのプログラマブル・スマート・ネットワーク・インターフェース・カードおよびデータ処理ユニット・ソリューションを提供している。 詳細0QJ4 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長6/6過去の実績0/6財務の健全性5/6配当金0/6報酬当社が推定した公正価値より56.4%で取引されている 収益は年間109.9%増加すると予測されています リスク分析UK市場と比較して、過去 3 か月間の株価の変動が非常に大きいすべてのリスクチェックを見る0QJ4 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW484,243 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG484,243 investors already sharing narrativesYour Fair ValueNOK Current PriceNOK 39.4022.5% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-167m1b2016201920222025202620282031Revenue DKK 1.3bEarnings DKK 145.0mAdvancedSet Fair ValueView all narrativesNapatech A/S 競合他社FiltronicSymbol: AIM:FTCMarket cap: UK£626.8mSRT Marine SystemsSymbol: AIM:SRTMarket cap: UK£214.3mM.T.I Wireless EdgeSymbol: AIM:MWEMarket cap: UK£59.5mCalnex SolutionsSymbol: AIM:CLXMarket cap: UK£55.0m価格と性能株価の高値、安値、推移の概要Napatech過去の株価現在の株価NOK 39.4052週高値NOK 59.2052週安値NOK 22.25ベータ0.721ヶ月の変化-20.96%3ヶ月変化15.88%1年変化59.19%3年間の変化302.04%5年間の変化109.80%IPOからの変化408.39%最新ニュースNew Risk • Jun 09New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr.19m 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 (-kr.19m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change).New Risk • May 11New 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 British stocks, typically moving 19% 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 Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 51% per year over the past 5 years.Reported Earnings • May 11First quarter 2026 earnings releasedFirst quarter 2026 results: kr.0.20 loss per share. Revenue: kr.36.6m (up 53% from 1Q 2025). Net loss: kr.21.4m (loss narrowed 42% from 1Q 2025).お知らせ • Mar 20+ 1 more updateNapatech A/S to Report Q1, 2026 Results on May 07, 2026Napatech A/S announced that they will report Q1, 2026 results on May 07, 2026Reported Earnings • Mar 03Full year 2025 earnings releasedFull year 2025 results: Revenue: kr.146.6m (up 26% from FY 2024). Net loss: kr.80.7m (loss narrowed 28% from FY 2024).お知らせ • Jan 03Napatech A/S Approves the Election of Lars Rahbæk Boilesen as Chair of the Board of DirectorsNapatech A/S at its extraordinary general meeting held on 3 December 2025 approved the election of Lars Rahbæk Boilesen as new chair of the board of directors. Consequently, Napatech A/S' board of directors then consists of Lars Rahbæk Boilesen (chair), Johan Christian Jebsen, Sven Tore Larsen, Shannon John Poulin, Patricia Lorraine Kummrow, Zane Andrew Ball and Lynn Anne Comp.最新情報をもっと見るRecent updatesNew Risk • Jun 09New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr.19m 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 (-kr.19m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change).New Risk • May 11New 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 British stocks, typically moving 19% 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 Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 51% per year over the past 5 years.Reported Earnings • May 11First quarter 2026 earnings releasedFirst quarter 2026 results: kr.0.20 loss per share. Revenue: kr.36.6m (up 53% from 1Q 2025). Net loss: kr.21.4m (loss narrowed 42% from 1Q 2025).お知らせ • Mar 20+ 1 more updateNapatech A/S to Report Q1, 2026 Results on May 07, 2026Napatech A/S announced that they will report Q1, 2026 results on May 07, 2026Reported Earnings • Mar 03Full year 2025 earnings releasedFull year 2025 results: Revenue: kr.146.6m (up 26% from FY 2024). Net loss: kr.80.7m (loss narrowed 28% from FY 2024).お知らせ • Jan 03Napatech A/S Approves the Election of Lars Rahbæk Boilesen as Chair of the Board of DirectorsNapatech A/S at its extraordinary general meeting held on 3 December 2025 approved the election of Lars Rahbæk Boilesen as new chair of the board of directors. Consequently, Napatech A/S' board of directors then consists of Lars Rahbæk Boilesen (chair), Johan Christian Jebsen, Sven Tore Larsen, Shannon John Poulin, Patricia Lorraine Kummrow, Zane Andrew Ball and Lynn Anne Comp.お知らせ • Dec 22Napatech A/S, Annual General Meeting, Apr 23, 2026Napatech A/S, Annual General Meeting, Apr 23, 2026.お知らせ • Dec 20+ 1 more updateNapatech A/S to Report First Half, 2026 Results on Aug 27, 2026Napatech A/S announced that they will report first half, 2026 results on Aug 27, 2026Reported Earnings • Nov 07Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: kr.40.1m (up 18% from 3Q 2024). Net loss: kr.11.2m (loss narrowed 56% from 3Q 2024).Board Change • Sep 17Less than half of directors are independentThere 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. 1 experienced director. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Chairman Johan Jebsen is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Aug 27Second quarter 2025 earnings released: kr.0.28 loss per share (vs kr.0.38 loss in 2Q 2024)Second quarter 2025 results: kr.0.28 loss per share (improved from kr.0.38 loss in 2Q 2024). Revenue: kr.31.6m (up 36% from 2Q 2024). Net loss: kr.28.3m (loss narrowed 19% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.New Risk • Aug 26New major risk - Revenue and earnings growthEarnings have declined by 62% 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 Risk Earnings have declined by 62% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Significant insider selling over the past 3 months (kr3.3m sold).Recent Insider Transactions • Jun 13Key Executive recently sold kr3.3m worth of stockOn the 10th of June, Heine Thorsgaard sold around 150k shares on-market at roughly kr22.12 per share. This transaction amounted to 100% 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 Heine's only on-market trade for the last 12 months.Reported Earnings • May 28First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: kr.23.8m (up 11% from 1Q 2024). Net loss: kr.36.8m (loss widened 14% from 1Q 2024). Revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Communications industry in the United Kingdom.お知らせ • May 27+ 1 more updateNapatech A/S has completed a Follow-on Equity Offering in the amount of NOK 200 million.Napatech A/S has completed a Follow-on Equity Offering in the amount of NOK 200 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,000,000 Price\Range: NOK 20 Transaction Features: Subsequent Direct ListingBoard Change • May 20Less than half of directors are independentThere 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. 1 experienced director. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Chairman Johan Jebsen is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • Apr 26Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. 4 independent directors (5 non-independent directors). Independent Director Howard Bubb is the most experienced director on the board, commencing their role in 2016. Independent Vice Chairman of the Board Anna Topolovsky was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 24Napatech A/S Approves Board ElectionsNapatech A/S at its AGM held on April 24, 2025 approved election of Lynn Anne Comp, Patty Kummrow and Zane Ball as new members of the board of directors.Reported Earnings • Feb 27Full year 2024 earnings releasedFull year 2024 results: Revenue: kr.116.4m (down 36% from FY 2023). Net loss: kr.111.3m (loss widened 248% from FY 2023). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Communications industry in the United Kingdom.お知らせ • Jan 08Napatech A/S Appoints Shannon Poulin as a Member of the Board of DirectorsNapatech A/S held its extraordinary general meeting on 17 December 2024 and the proposal to elect Shannon Poulin as a new member of the board of directors was adopted. Consequently, Napatech A/S' board of directors now consists of Johan Christian Jebsen (chair), Howard Gregory Bubb, Danny Lobo, Anna Beth Topolovsky, Sven Tore Larsen, and Shannon Poulin.お知らせ • Dec 20Napatech A/S, Annual General Meeting, Apr 24, 2025Napatech A/S, Annual General Meeting, Apr 24, 2025.お知らせ • Dec 19+ 1 more updateNapatech A/S to Report First Half, 2025 Results on Aug 26, 2025Napatech A/S announced that they will report first half, 2025 results on Aug 26, 2025Reported Earnings • Nov 06Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: kr.34.0m (down 32% from 3Q 2023). Net loss: kr.25.6m (loss widened kr.25.0m from 3Q 2023). Revenue is forecast to grow 83% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Sep 07Insider recently sold kr414k worth of stockOn the 3rd of September, Flemming Andersen sold around 12k shares on-market at roughly kr33.89 per share. This transaction amounted to 5.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr1.6m more than they sold in the last 12 months.Reported Earnings • Aug 23Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: kr.23.2m (down 39% from 2Q 2023). Net loss: kr.35.1m (loss widened 166% from 2Q 2023). Revenue is forecast to grow 71% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Communications industry in the United Kingdom.New Risk • Jul 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr.43m 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 (-kr.43m free cash flow). Shares are highly illiquid. Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding).New Risk • May 18New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -kr.43m This is considered a minor 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 Risk Shares are highly illiquid. Minor Risk Less than 1 year of cash runway based on current free cash flow (-kr.43m).Reported Earnings • May 18First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: kr.21.5m (down 42% from 1Q 2023). Net loss: kr.32.2m (loss widened 49% from 1Q 2023). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Communications industry in the United Kingdom.お知らせ • Apr 27Napatech A/S Approves Board and Committee AppointmentsNapatech A/S at its AGM held on April 25, 2024 approved to elect Svenn-Tore Larsen as new member of the board of directors. the company also approved to elect a new member of the nomination committee. The current nom- ination committee consists of Nils Foldal (chair) and Håvard Nilsson (member). It was proposed that Ole Peter Lorentzen was elected as an additional member of the nomination committee for a term of two years bringing the total number of members of the nomination committee to three.お知らせ • Jan 23+ 1 more updateNapatech A/S Appoints Lars Boilesen as CEONapatech A/S announced the appointment of Lars Boilesen as Chief Executive Officer (CEO) of the Company effective immediately. Lars Boilesen has been chairman of Napatech since September 2017 and has experience from multiple executive roles in the international software and technology industry, including as CEO of Opera Software ASA from 2010 to the company was sold in 2016 and CEO of Otello Corporation from 2016 to 2023.Board Change • Jan 18Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Chairman Lars Boilesen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 16+ 2 more updatesNapatech A/S to Report Fiscal Year 2023 Results on Mar 21, 2024Napatech A/S announced that they will report fiscal year 2023 results on Mar 21, 2024Board Change • Nov 21Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Chairman Lars Boilesen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Sep 15Napatech Announces the Availability of the Production-Grade 200 Gbps IPU Based Upon the Intel®? IPU Platform F2000X-PLNapatech™? announced the availability of the industry's first production-grade 200 Gbps IPU based upon the Intel®? IPU Platform F2000X-PL. Napatech's F2070X™?. IPU is engineered for cloud, enterprise, and telecom data centers that are optimized for hybrid multi-cloud and edge-computing architectures, supporting applications that may be virtualized (virtual machines), cloud-native (containers), bare-metal and microservices-based. IPU meet the most demanding challenges of modern data center designs without compromise, including: Performance: hardware-based, line-rate forwarding with sophisticated packet processing. Efficiency: offloading of infrastructure processes, reclaiming valuable host CPU resources for applications and services. Customization: software and hardware programmable, delivering hardware performance at the speed of software innovation. Security: Hard isolation between tenant applications and services, and operator infrastructure processes. Sustainability: tenant and service scalability per server, reducing cost, power, and cooling per rack. Ease of Use: The Intel®? Xeon®? D processor simplifies moving the networking and storage stacks from the host to the IPU. Napatech's. F2070X IPU expands upon the Intel®? IPGA Platform F2000X-PL, which is the architecture selected by early adopters in hyperscale cloud, telecom cloud, and next wave cloud networks. The Napatech F2070X IPU is a turnkey, production-grade, warranted, and supported product based on this leadership Intel reference platform. The F2070X IPU hardware is packed with the latest Intel technology, including an Intel Xeon D SoC and Intel Agilex®? 7 FPGA. The 200 Gbps card includes two ports configurable for 10, 25, and 100 gigabit Ethernet. Multiple versions are available in various SoC, FPGA, and memory configurations, and are supported in standard, high-volume servers from leading manufacturers. The F2070XIPU is powered by Napatech's software and high-velocity roadmap that deliver NIC functionality, while offloading and accelerating networking (OVS), Storage (NVMe/TCP), Security (TLS), and other workloads.お知らせ • Sep 12Napatech A/S Launches 5G User Plane Function Offload Solution on Its Intel Agilex FPGA Based 400Gbps SmartnicNapatech A/S announced the availability of its offload solution for 5G User Plane Function (UPF) on the new NT400 400Gbps SmartNIC which leverages the latest Intel Agilex(R) FPGA. Unlike most 4G networks based on purpose-built appliances, the 5G packet core is implemented as virtualized or cloud- native software running on servers located within edge and core data centers. As Communications Service Providers (CSPs) and enterprises scale up the deployments of their telecom infrastructure and private networks, they face strong financial pressure to maximize the number of users that can be supported on each server while also minimizing the energy consumption of their edge data centers. Within the 5G packet core, the UPF subsystem represents the higher compute workload, performing critical packet inspection, routing and forwarding functions. As data rates increase and workloads proliferate, some service providers may consider offloading some real-time packet processing from general-purpose server CPU cores widely deployed in today's virtualized and cloud native networks. To support this, Napatech enables 5G core vendors to address the key business challenges around packet core deployments through its integrated hardware/software solution that comprises a fully-offloaded UPF fast path implemented within the Link-Inline(TM) software stack, running on programmable SmartNICs. Napatech's UPF offload solution is supported by an ecosystem of packet core software suppliers and server OEMs, with partners such as A5G Networks, Advantech, Druid Software and Kontron having already announced products that leverage this technology, while others have integrations in progress. The new Napatech NT400 400Gbps SmartNIC maximizes the performance of its UPF offload solution, processing up to 190 million concurrent flows with a flow learning rate greater than 2 million flows per second, achieving a total throughput of up to 113 million packets per second on stateful connections and ensuring full 2x 200G wire speed operation for typical packet sizes.Board Change • Sep 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Chairman Lars Boilesen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Aug 29Napatech A/S Leverages Latest Intel Agilex®? Fpga to Launch Industry's First 400Gbps Smartnic SolutionsNapatech A/S announced the availability of the Napatech's first 400Gbps programmable SmartNIC solutions, leveraging the latest Intel Agilex®? 7 FPGAs to deliver best-in-class performance for applications in security, cloud services, network monitoring and recording. Enterprises and OEMs providing high-performance solutions for network monitoring and recording require NICs with a performance level that matches the high PCI Express (PCIe) bandwidth available in the latest servers such as those based on 4th Gen Intel Xeon®? Scalable Processors. The new Napatech NT400 SmartNIC platform, based on the Intel®? FPGA SmartNIC N6000-PL Platform, addresses this need through a PCIe Gen 4 16-lane host interface which enables full-duplex 2x100Gbps traffic between network ports and host applications. Similarly, for applications like the 5G packet core in telecom infrastructure that require high-bandwidth inline processing of network data, the NT400 platform sustains a total 400G of traffic over tens of millions of flows. The NT400 programmable SmartNIC platform includes two QSFP56 network ports, supporting up to 2x200G traffic with the flexibility to configure 10G, 25G, 40G, 50G, 100G and 200G network links. The SmartNIC hardware is complemented by Napatech's portfolio of production-grade software packages, including Link-Capture™? for use cases such as network monitoring and recording, Link-Virtualization™? that provides a virtualized data plane for cloud services and Link-Inline™? for inline applications such as 5G User Plane Function (UPF). These integrated solutions deliver a true "IT experience" whereby the user just installs the card and the software, immediately achieving seamless acceleration of their application with no requirement to directly program the SmartNIC itself.お知らせ • Aug 26Napatech A/S Provides Revenue Guidance for the Year 2023Napatech A/S provided revenue guidance for the year 2023. The company expects Revenue in the range of DKK 180 million – DKK 200 million.Reported Earnings • Aug 25Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr.37.8m (up 6.7% from 2Q 2022). Net loss: kr.13.2m (loss widened 16% from 2Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Communications industry in the United Kingdom.Board Change • May 24Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Chairman Lars Boilesen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • May 04First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr.37.1m (down 29% from 1Q 2022). Net loss: kr.21.6m (loss widened 228% from 1Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Communications industry in the United Kingdom.Reported Earnings • Mar 02Full year 2022 earnings releasedFull year 2022 results: Revenue: kr.158.6m (down 19% from FY 2021). Net loss: kr.48.3m (down 220% from profit in FY 2021). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Communications industry in the United Kingdom.お知らせ • Dec 24Napatech A/S to Report First Half, 2023 Results on Aug 24, 2023Napatech A/S announced that they will report first half, 2023 results on Aug 24, 2023お知らせ • Dec 23+ 1 more updateNapatech A/S to Report Fiscal Year 2022 Results on Mar 23, 2023Napatech A/S announced that they will report fiscal year 2022 results on Mar 23, 2023Reported Earnings • Dec 01Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr.37.0m (down 22% from 3Q 2021). Net loss: kr.12.7m (down 268% from profit in 3Q 2021). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 131% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to kr13.05, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 17x in the Communications industry in the United Kingdom. Total returns to shareholders of 166% over the past three years.Reported Earnings • Aug 19Second quarter 2022 earnings released: kr.0.14 loss per share (vs kr.0.07 profit in 2Q 2021)Second quarter 2022 results: kr.0.14 loss per share (down from kr.0.07 profit in 2Q 2021). Revenue: kr.35.5m (down 24% from 2Q 2021). Net loss: kr.11.4m (down 295% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 51%, compared to a 20% growth forecast for the Communications industry in the United Kingdom.Board Change • Jul 01Insufficient new 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. Director Christian Jebsen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 23% share price gain to kr10.96, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 23x in the Communications industry in the United Kingdom. Total loss to shareholders of 51% over the past year.Board Change • Jun 09Insufficient new 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. Director Christian Jebsen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • May 07Chairman recently bought kr331k worth of stockOn the 4th of May, Lars Boilesen bought around 39k shares on-market at roughly kr8.54 per share. This was the largest purchase by an insider in the last 3 months. This was Lars' only on-market trade for the last 12 months.Reported Earnings • May 05First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: kr.52.2m (up 12% from 1Q 2021). Net loss: kr.6.59m (down 227% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 33%, compared to a 12% growth forecast for the industry in the United Kingdom.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Christian Jebsen was the last director to join 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. Insufficient board refreshment.Board Change • Mar 31No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Christian Jebsen was the last director to join 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. Insufficient board refreshment.Board Change • Mar 01No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Christian Jebsen was the last director to join 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. Insufficient board refreshment.Reported Earnings • Feb 25Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: kr.195.5m (flat on FY 2020). Net income: kr.40.2m (up 319% from FY 2020). Profit margin: 21% (up from 4.9% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 26%, compared to a 14% growth forecast for the industry in the United Kingdom.Board Change • Feb 09No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Christian Jebsen was the last director to join 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. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to kr10.34, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Communications industry in the United Kingdom.Board Change • Jan 13No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Christian Jebsen was the last director to join 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. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Dec 15Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to kr13.32, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 24x in the Communications industry in the United Kingdom.Recent Insider Transactions • Dec 03Chief Operating Officer recently sold kr170k worth of stockOn the 30th of November, Henrik Jensen sold around 10k shares on-market at roughly kr16.83 per share. This was the largest sale by an insider in the last 3 months. This was Henrik's only on-market trade for the last 12 months.Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS kr.0.09 (vs kr.0.011 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr.47.2m (up 6.5% from 3Q 2020). Net income: kr.7.57m (up kr.6.66m from 3Q 2020). Profit margin: 16% (up from 2.0% in 3Q 2020). The increase in margin was primarily driven by lower expenses.Reported Earnings • Aug 21Second quarter 2021 earnings released: EPS kr.0.07 (vs kr.0.053 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: kr.46.4m (down 5.0% from 2Q 2020). Net income: kr.5.84m (up 32% from 2Q 2020). Profit margin: 13% (up from 9.1% in 2Q 2020). The increase in margin was driven by lower expenses.Reported Earnings • Apr 30First quarter 2021 earnings releasedThe company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: kr.46.8m (down 3.5% from 1Q 2020). Net income: kr.5.17m (up kr.7.08m from 1Q 2020). Profit margin: 11% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 1.4% at kr.44.4m. Revenue is forecast to grow 16% over the next year, compared to a 3.2% growth forecast for the Communications industry in the United Kingdom.株主還元0QJ4GB CommunicationsGB 市場7D-3.3%8.2%0.7%1Y59.2%39.9%16.8%株主還元を見る業界別リターン: 0QJ4過去 1 年間で39.9 % の収益を上げたUK Communications業界を上回りました。リターン対市場: 0QJ4過去 1 年間で16.8 % の収益を上げたUK市場を上回りました。価格変動Is 0QJ4's price volatile compared to industry and market?0QJ4 volatility0QJ4 Average Weekly Movement17.5%Communications Industry Average Movement7.2%Market Average Movement5.2%10% most volatile stocks in GB Market10.5%10% least volatile stocks in GB Market2.7%安定した株価: 0QJ4の株価は、 UK市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 0QJ4の weekly volatility ( 17% ) は過去 1 年間安定していますが、依然としてUKの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト200382Kartik Srinivasanwww.napatech.comNapatech A/S は米州および海外で、クラウド、企業、通信データセンター・ネットワーク向けのプログラマブル・ スマート・ネットワーク・インターフェース・カードおよびデータ処理ユニット・ソリューションを提供している。リンク・キャプチャー・ソフトウェアは、ナノ秒のタイムスタンプによるパケット・キャプチャーと、正確なフレーム間ギャップ制御によるリプレイを可能にする。リンク・インライン・ソフトウェアは、フロー・アウェア・アプリケーション・データプレーンをオフロードし高速化する処理アーキテクチャを提供する；Link-Storage Softwareは、ストレージとネットワークのオフロード、仮想化クラウド、クラウドネイティブまたはベアメタルサーバー仮想化のためのソリューション。Link-Security Softwareは、アプリケーションレベルでの完全なソフトウェア互換性を維持しながら、TLSプロトコルをホストCPUからDPUにオフロードする。また、NT400D13、NT400D11、NT200A02、NT100A01、NT50B01、NT40A11、N3070X SmartNICなどのキャプチャ製品、NT200A02 SmartNICなどのインライン製品、F2070X DPUなどのストレージ、セキュリティ製品も提供しています。さらに、5Gユーザープレーン機能、サイバーセキュリティ、テレコム、クラウドおよびデータセンター、金融サービス、インフラおよび防衛、ネットワーク管理、仮想化向けのソリューションも提供している。Napatech A/Sは2003年に設立され、本社はデンマークのコペンハーゲンにある。もっと見るNapatech A/S 基礎のまとめNapatech の収益と売上を時価総額と比較するとどうか。0QJ4 基礎統計学時価総額NOK 4.31b収益（TTM）-NOK 96.63m売上高(TTM)NOK 235.92m18.3xP/Sレシオ-44.6xPER（株価収益率0QJ4 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計0QJ4 損益計算書（TTM）収益DKK 159.35m売上原価DKK 50.99m売上総利益DKK 108.36mその他の費用DKK 173.62m収益-DKK 65.26m直近の収益報告Mar 31, 2026次回決算日Aug 25, 2026一株当たり利益（EPS）-0.59グロス・マージン68.00%純利益率-40.96%有利子負債／自己資本比率3.4%0QJ4 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/15 19:58終値2026/07/15 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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Napatech A/S 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。6 アナリスト機関null nullABG Sundal CollierAksel Øverland EngebakkenABG Sundal Collier Sponsorednull nullABG Sundal Collier Sponsored3 その他のアナリストを表示
New Risk • Jun 09New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr.19m 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 (-kr.19m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change).
New Risk • May 11New 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 British stocks, typically moving 19% 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 Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 51% per year over the past 5 years.
Reported Earnings • May 11First quarter 2026 earnings releasedFirst quarter 2026 results: kr.0.20 loss per share. Revenue: kr.36.6m (up 53% from 1Q 2025). Net loss: kr.21.4m (loss narrowed 42% from 1Q 2025).
お知らせ • Mar 20+ 1 more updateNapatech A/S to Report Q1, 2026 Results on May 07, 2026Napatech A/S announced that they will report Q1, 2026 results on May 07, 2026
Reported Earnings • Mar 03Full year 2025 earnings releasedFull year 2025 results: Revenue: kr.146.6m (up 26% from FY 2024). Net loss: kr.80.7m (loss narrowed 28% from FY 2024).
お知らせ • Jan 03Napatech A/S Approves the Election of Lars Rahbæk Boilesen as Chair of the Board of DirectorsNapatech A/S at its extraordinary general meeting held on 3 December 2025 approved the election of Lars Rahbæk Boilesen as new chair of the board of directors. Consequently, Napatech A/S' board of directors then consists of Lars Rahbæk Boilesen (chair), Johan Christian Jebsen, Sven Tore Larsen, Shannon John Poulin, Patricia Lorraine Kummrow, Zane Andrew Ball and Lynn Anne Comp.
New Risk • Jun 09New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr.19m 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 (-kr.19m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change).
New Risk • May 11New 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 British stocks, typically moving 19% 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 Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 51% per year over the past 5 years.
Reported Earnings • May 11First quarter 2026 earnings releasedFirst quarter 2026 results: kr.0.20 loss per share. Revenue: kr.36.6m (up 53% from 1Q 2025). Net loss: kr.21.4m (loss narrowed 42% from 1Q 2025).
お知らせ • Mar 20+ 1 more updateNapatech A/S to Report Q1, 2026 Results on May 07, 2026Napatech A/S announced that they will report Q1, 2026 results on May 07, 2026
Reported Earnings • Mar 03Full year 2025 earnings releasedFull year 2025 results: Revenue: kr.146.6m (up 26% from FY 2024). Net loss: kr.80.7m (loss narrowed 28% from FY 2024).
お知らせ • Jan 03Napatech A/S Approves the Election of Lars Rahbæk Boilesen as Chair of the Board of DirectorsNapatech A/S at its extraordinary general meeting held on 3 December 2025 approved the election of Lars Rahbæk Boilesen as new chair of the board of directors. Consequently, Napatech A/S' board of directors then consists of Lars Rahbæk Boilesen (chair), Johan Christian Jebsen, Sven Tore Larsen, Shannon John Poulin, Patricia Lorraine Kummrow, Zane Andrew Ball and Lynn Anne Comp.
お知らせ • Dec 22Napatech A/S, Annual General Meeting, Apr 23, 2026Napatech A/S, Annual General Meeting, Apr 23, 2026.
お知らせ • Dec 20+ 1 more updateNapatech A/S to Report First Half, 2026 Results on Aug 27, 2026Napatech A/S announced that they will report first half, 2026 results on Aug 27, 2026
Reported Earnings • Nov 07Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: kr.40.1m (up 18% from 3Q 2024). Net loss: kr.11.2m (loss narrowed 56% from 3Q 2024).
Board Change • Sep 17Less than half of directors are independentThere 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. 1 experienced director. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Chairman Johan Jebsen is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Aug 27Second quarter 2025 earnings released: kr.0.28 loss per share (vs kr.0.38 loss in 2Q 2024)Second quarter 2025 results: kr.0.28 loss per share (improved from kr.0.38 loss in 2Q 2024). Revenue: kr.31.6m (up 36% from 2Q 2024). Net loss: kr.28.3m (loss narrowed 19% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
New Risk • Aug 26New major risk - Revenue and earnings growthEarnings have declined by 62% 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 Risk Earnings have declined by 62% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Significant insider selling over the past 3 months (kr3.3m sold).
Recent Insider Transactions • Jun 13Key Executive recently sold kr3.3m worth of stockOn the 10th of June, Heine Thorsgaard sold around 150k shares on-market at roughly kr22.12 per share. This transaction amounted to 100% 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 Heine's only on-market trade for the last 12 months.
Reported Earnings • May 28First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: kr.23.8m (up 11% from 1Q 2024). Net loss: kr.36.8m (loss widened 14% from 1Q 2024). Revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Communications industry in the United Kingdom.
お知らせ • May 27+ 1 more updateNapatech A/S has completed a Follow-on Equity Offering in the amount of NOK 200 million.Napatech A/S has completed a Follow-on Equity Offering in the amount of NOK 200 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,000,000 Price\Range: NOK 20 Transaction Features: Subsequent Direct Listing
Board Change • May 20Less than half of directors are independentThere 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. 1 experienced director. No highly experienced directors. 1 independent director (5 non-independent directors). Independent Chairman Johan Jebsen is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • Apr 26Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. 4 independent directors (5 non-independent directors). Independent Director Howard Bubb is the most experienced director on the board, commencing their role in 2016. Independent Vice Chairman of the Board Anna Topolovsky was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 24Napatech A/S Approves Board ElectionsNapatech A/S at its AGM held on April 24, 2025 approved election of Lynn Anne Comp, Patty Kummrow and Zane Ball as new members of the board of directors.
Reported Earnings • Feb 27Full year 2024 earnings releasedFull year 2024 results: Revenue: kr.116.4m (down 36% from FY 2023). Net loss: kr.111.3m (loss widened 248% from FY 2023). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Communications industry in the United Kingdom.
お知らせ • Jan 08Napatech A/S Appoints Shannon Poulin as a Member of the Board of DirectorsNapatech A/S held its extraordinary general meeting on 17 December 2024 and the proposal to elect Shannon Poulin as a new member of the board of directors was adopted. Consequently, Napatech A/S' board of directors now consists of Johan Christian Jebsen (chair), Howard Gregory Bubb, Danny Lobo, Anna Beth Topolovsky, Sven Tore Larsen, and Shannon Poulin.
お知らせ • Dec 20Napatech A/S, Annual General Meeting, Apr 24, 2025Napatech A/S, Annual General Meeting, Apr 24, 2025.
お知らせ • Dec 19+ 1 more updateNapatech A/S to Report First Half, 2025 Results on Aug 26, 2025Napatech A/S announced that they will report first half, 2025 results on Aug 26, 2025
Reported Earnings • Nov 06Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: kr.34.0m (down 32% from 3Q 2023). Net loss: kr.25.6m (loss widened kr.25.0m from 3Q 2023). Revenue is forecast to grow 83% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Sep 07Insider recently sold kr414k worth of stockOn the 3rd of September, Flemming Andersen sold around 12k shares on-market at roughly kr33.89 per share. This transaction amounted to 5.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr1.6m more than they sold in the last 12 months.
Reported Earnings • Aug 23Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: kr.23.2m (down 39% from 2Q 2023). Net loss: kr.35.1m (loss widened 166% from 2Q 2023). Revenue is forecast to grow 71% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Communications industry in the United Kingdom.
New Risk • Jul 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr.43m 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 (-kr.43m free cash flow). Shares are highly illiquid. Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding).
New Risk • May 18New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -kr.43m This is considered a minor 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 Risk Shares are highly illiquid. Minor Risk Less than 1 year of cash runway based on current free cash flow (-kr.43m).
Reported Earnings • May 18First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: kr.21.5m (down 42% from 1Q 2023). Net loss: kr.32.2m (loss widened 49% from 1Q 2023). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Communications industry in the United Kingdom.
お知らせ • Apr 27Napatech A/S Approves Board and Committee AppointmentsNapatech A/S at its AGM held on April 25, 2024 approved to elect Svenn-Tore Larsen as new member of the board of directors. the company also approved to elect a new member of the nomination committee. The current nom- ination committee consists of Nils Foldal (chair) and Håvard Nilsson (member). It was proposed that Ole Peter Lorentzen was elected as an additional member of the nomination committee for a term of two years bringing the total number of members of the nomination committee to three.
お知らせ • Jan 23+ 1 more updateNapatech A/S Appoints Lars Boilesen as CEONapatech A/S announced the appointment of Lars Boilesen as Chief Executive Officer (CEO) of the Company effective immediately. Lars Boilesen has been chairman of Napatech since September 2017 and has experience from multiple executive roles in the international software and technology industry, including as CEO of Opera Software ASA from 2010 to the company was sold in 2016 and CEO of Otello Corporation from 2016 to 2023.
Board Change • Jan 18Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Chairman Lars Boilesen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 16+ 2 more updatesNapatech A/S to Report Fiscal Year 2023 Results on Mar 21, 2024Napatech A/S announced that they will report fiscal year 2023 results on Mar 21, 2024
Board Change • Nov 21Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Chairman Lars Boilesen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 15Napatech Announces the Availability of the Production-Grade 200 Gbps IPU Based Upon the Intel®? IPU Platform F2000X-PLNapatech™? announced the availability of the industry's first production-grade 200 Gbps IPU based upon the Intel®? IPU Platform F2000X-PL. Napatech's F2070X™?. IPU is engineered for cloud, enterprise, and telecom data centers that are optimized for hybrid multi-cloud and edge-computing architectures, supporting applications that may be virtualized (virtual machines), cloud-native (containers), bare-metal and microservices-based. IPU meet the most demanding challenges of modern data center designs without compromise, including: Performance: hardware-based, line-rate forwarding with sophisticated packet processing. Efficiency: offloading of infrastructure processes, reclaiming valuable host CPU resources for applications and services. Customization: software and hardware programmable, delivering hardware performance at the speed of software innovation. Security: Hard isolation between tenant applications and services, and operator infrastructure processes. Sustainability: tenant and service scalability per server, reducing cost, power, and cooling per rack. Ease of Use: The Intel®? Xeon®? D processor simplifies moving the networking and storage stacks from the host to the IPU. Napatech's. F2070X IPU expands upon the Intel®? IPGA Platform F2000X-PL, which is the architecture selected by early adopters in hyperscale cloud, telecom cloud, and next wave cloud networks. The Napatech F2070X IPU is a turnkey, production-grade, warranted, and supported product based on this leadership Intel reference platform. The F2070X IPU hardware is packed with the latest Intel technology, including an Intel Xeon D SoC and Intel Agilex®? 7 FPGA. The 200 Gbps card includes two ports configurable for 10, 25, and 100 gigabit Ethernet. Multiple versions are available in various SoC, FPGA, and memory configurations, and are supported in standard, high-volume servers from leading manufacturers. The F2070XIPU is powered by Napatech's software and high-velocity roadmap that deliver NIC functionality, while offloading and accelerating networking (OVS), Storage (NVMe/TCP), Security (TLS), and other workloads.
お知らせ • Sep 12Napatech A/S Launches 5G User Plane Function Offload Solution on Its Intel Agilex FPGA Based 400Gbps SmartnicNapatech A/S announced the availability of its offload solution for 5G User Plane Function (UPF) on the new NT400 400Gbps SmartNIC which leverages the latest Intel Agilex(R) FPGA. Unlike most 4G networks based on purpose-built appliances, the 5G packet core is implemented as virtualized or cloud- native software running on servers located within edge and core data centers. As Communications Service Providers (CSPs) and enterprises scale up the deployments of their telecom infrastructure and private networks, they face strong financial pressure to maximize the number of users that can be supported on each server while also minimizing the energy consumption of their edge data centers. Within the 5G packet core, the UPF subsystem represents the higher compute workload, performing critical packet inspection, routing and forwarding functions. As data rates increase and workloads proliferate, some service providers may consider offloading some real-time packet processing from general-purpose server CPU cores widely deployed in today's virtualized and cloud native networks. To support this, Napatech enables 5G core vendors to address the key business challenges around packet core deployments through its integrated hardware/software solution that comprises a fully-offloaded UPF fast path implemented within the Link-Inline(TM) software stack, running on programmable SmartNICs. Napatech's UPF offload solution is supported by an ecosystem of packet core software suppliers and server OEMs, with partners such as A5G Networks, Advantech, Druid Software and Kontron having already announced products that leverage this technology, while others have integrations in progress. The new Napatech NT400 400Gbps SmartNIC maximizes the performance of its UPF offload solution, processing up to 190 million concurrent flows with a flow learning rate greater than 2 million flows per second, achieving a total throughput of up to 113 million packets per second on stateful connections and ensuring full 2x 200G wire speed operation for typical packet sizes.
Board Change • Sep 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Chairman Lars Boilesen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 29Napatech A/S Leverages Latest Intel Agilex®? Fpga to Launch Industry's First 400Gbps Smartnic SolutionsNapatech A/S announced the availability of the Napatech's first 400Gbps programmable SmartNIC solutions, leveraging the latest Intel Agilex®? 7 FPGAs to deliver best-in-class performance for applications in security, cloud services, network monitoring and recording. Enterprises and OEMs providing high-performance solutions for network monitoring and recording require NICs with a performance level that matches the high PCI Express (PCIe) bandwidth available in the latest servers such as those based on 4th Gen Intel Xeon®? Scalable Processors. The new Napatech NT400 SmartNIC platform, based on the Intel®? FPGA SmartNIC N6000-PL Platform, addresses this need through a PCIe Gen 4 16-lane host interface which enables full-duplex 2x100Gbps traffic between network ports and host applications. Similarly, for applications like the 5G packet core in telecom infrastructure that require high-bandwidth inline processing of network data, the NT400 platform sustains a total 400G of traffic over tens of millions of flows. The NT400 programmable SmartNIC platform includes two QSFP56 network ports, supporting up to 2x200G traffic with the flexibility to configure 10G, 25G, 40G, 50G, 100G and 200G network links. The SmartNIC hardware is complemented by Napatech's portfolio of production-grade software packages, including Link-Capture™? for use cases such as network monitoring and recording, Link-Virtualization™? that provides a virtualized data plane for cloud services and Link-Inline™? for inline applications such as 5G User Plane Function (UPF). These integrated solutions deliver a true "IT experience" whereby the user just installs the card and the software, immediately achieving seamless acceleration of their application with no requirement to directly program the SmartNIC itself.
お知らせ • Aug 26Napatech A/S Provides Revenue Guidance for the Year 2023Napatech A/S provided revenue guidance for the year 2023. The company expects Revenue in the range of DKK 180 million – DKK 200 million.
Reported Earnings • Aug 25Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr.37.8m (up 6.7% from 2Q 2022). Net loss: kr.13.2m (loss widened 16% from 2Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Communications industry in the United Kingdom.
Board Change • May 24Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Chairman Lars Boilesen was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 04First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr.37.1m (down 29% from 1Q 2022). Net loss: kr.21.6m (loss widened 228% from 1Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Communications industry in the United Kingdom.
Reported Earnings • Mar 02Full year 2022 earnings releasedFull year 2022 results: Revenue: kr.158.6m (down 19% from FY 2021). Net loss: kr.48.3m (down 220% from profit in FY 2021). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Communications industry in the United Kingdom.
お知らせ • Dec 24Napatech A/S to Report First Half, 2023 Results on Aug 24, 2023Napatech A/S announced that they will report first half, 2023 results on Aug 24, 2023
お知らせ • Dec 23+ 1 more updateNapatech A/S to Report Fiscal Year 2022 Results on Mar 23, 2023Napatech A/S announced that they will report fiscal year 2022 results on Mar 23, 2023
Reported Earnings • Dec 01Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr.37.0m (down 22% from 3Q 2021). Net loss: kr.12.7m (down 268% from profit in 3Q 2021). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 131% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to kr13.05, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 17x in the Communications industry in the United Kingdom. Total returns to shareholders of 166% over the past three years.
Reported Earnings • Aug 19Second quarter 2022 earnings released: kr.0.14 loss per share (vs kr.0.07 profit in 2Q 2021)Second quarter 2022 results: kr.0.14 loss per share (down from kr.0.07 profit in 2Q 2021). Revenue: kr.35.5m (down 24% from 2Q 2021). Net loss: kr.11.4m (down 295% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 51%, compared to a 20% growth forecast for the Communications industry in the United Kingdom.
Board Change • Jul 01Insufficient new 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. Director Christian Jebsen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 23% share price gain to kr10.96, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 23x in the Communications industry in the United Kingdom. Total loss to shareholders of 51% over the past year.
Board Change • Jun 09Insufficient new 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. Director Christian Jebsen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • May 07Chairman recently bought kr331k worth of stockOn the 4th of May, Lars Boilesen bought around 39k shares on-market at roughly kr8.54 per share. This was the largest purchase by an insider in the last 3 months. This was Lars' only on-market trade for the last 12 months.
Reported Earnings • May 05First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: kr.52.2m (up 12% from 1Q 2021). Net loss: kr.6.59m (down 227% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 33%, compared to a 12% growth forecast for the industry in the United Kingdom.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Christian Jebsen was the last director to join 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. Insufficient board refreshment.
Board Change • Mar 31No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Christian Jebsen was the last director to join 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. Insufficient board refreshment.
Board Change • Mar 01No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Christian Jebsen was the last director to join 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. Insufficient board refreshment.
Reported Earnings • Feb 25Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: kr.195.5m (flat on FY 2020). Net income: kr.40.2m (up 319% from FY 2020). Profit margin: 21% (up from 4.9% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 26%, compared to a 14% growth forecast for the industry in the United Kingdom.
Board Change • Feb 09No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Christian Jebsen was the last director to join 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. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to kr10.34, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Communications industry in the United Kingdom.
Board Change • Jan 13No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Christian Jebsen was the last director to join 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. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to kr13.32, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 24x in the Communications industry in the United Kingdom.
Recent Insider Transactions • Dec 03Chief Operating Officer recently sold kr170k worth of stockOn the 30th of November, Henrik Jensen sold around 10k shares on-market at roughly kr16.83 per share. This was the largest sale by an insider in the last 3 months. This was Henrik's only on-market trade for the last 12 months.
Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS kr.0.09 (vs kr.0.011 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr.47.2m (up 6.5% from 3Q 2020). Net income: kr.7.57m (up kr.6.66m from 3Q 2020). Profit margin: 16% (up from 2.0% in 3Q 2020). The increase in margin was primarily driven by lower expenses.
Reported Earnings • Aug 21Second quarter 2021 earnings released: EPS kr.0.07 (vs kr.0.053 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: kr.46.4m (down 5.0% from 2Q 2020). Net income: kr.5.84m (up 32% from 2Q 2020). Profit margin: 13% (up from 9.1% in 2Q 2020). The increase in margin was driven by lower expenses.
Reported Earnings • Apr 30First quarter 2021 earnings releasedThe company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: kr.46.8m (down 3.5% from 1Q 2020). Net income: kr.5.17m (up kr.7.08m from 1Q 2020). Profit margin: 11% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 1.4% at kr.44.4m. Revenue is forecast to grow 16% over the next year, compared to a 3.2% growth forecast for the Communications industry in the United Kingdom.
