View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsNgenic 将来の成長Future 基準チェック /26Ngenic収益と収益がそれぞれ年間63.5%と23.3%増加すると予測されています。主要情報63.5%収益成長率n/aEPS成長率Electronic 収益成長-11.2%収益成長率23.3%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日05 Mar 2025今後の成長に関する最新情報Price Target Changed • Sep 30Price target decreased by 28% to kr18.00Down from kr25.00, the current price target is provided by 1 analyst. New target price is 650% above last closing price of kr2.40. Stock is down 83% over the past year. The company posted a net loss per share of kr2.94 last year.Breakeven Date Change • Jun 05Forecast to breakeven in 2024The analyst covering Ngenic expects the company to break even for the first time. New forecast suggests losses will reduce by 62% to 2023. The company is expected to make a profit of kr2.00m in 2024. Average annual earnings growth of 121% is required to achieve expected profit on schedule.Major Estimate Revision • Dec 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr37.0m to kr27.0m. EPS estimate unchanged from -kr3.30 per share at last update. Electronic industry in Sweden expected to see average net income growth of 50% next year. Consensus price target up from kr23.00 to kr26.00. Share price was steady at kr30.40 over the past week.すべての更新を表示Recent updatesお知らせ • Apr 29Ngenic AB (publ) to Report Q1, 2025 Results on May 28, 2025Ngenic AB (publ) announced that they will report Q1, 2025 results on May 28, 2025Reported Earnings • Mar 06Full year 2024 earnings released: kr4.36 loss per share (vs kr2.94 loss in FY 2023)Full year 2024 results: kr4.36 loss per share (further deteriorated from kr2.94 loss in FY 2023). Revenue: kr30.5m (down 62% from FY 2023). Net loss: kr29.8m (loss widened 48% from FY 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden.お知らせ • Jan 30Ngenic AB (publ) to Report Fiscal Year 2024 Results on Feb 28, 2025Ngenic AB (publ) announced that they will report fiscal year 2024 results on Feb 28, 2025Reported Earnings • Dec 01Third quarter 2024 earnings released: kr0.53 loss per share (vs kr0.65 loss in 3Q 2023)Third quarter 2024 results: kr0.53 loss per share (improved from kr0.65 loss in 3Q 2023). Revenue: kr4.06m (down 81% from 3Q 2023). Net loss: kr3.64m (loss narrowed 18% from 3Q 2023). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings.Price Target Changed • Sep 30Price target decreased by 28% to kr18.00Down from kr25.00, the current price target is provided by 1 analyst. New target price is 650% above last closing price of kr2.40. Stock is down 83% over the past year. The company posted a net loss per share of kr2.94 last year.New Risk • Sep 01New minor risk - Negative shareholders equityThe company has negative equity. Total equity: -kr3.4m This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. 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 (-kr7.6m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (kr24.6m market cap, or US$2.39m). Minor Risk Negative equity (-kr3.4m).Reported Earnings • Sep 01Second quarter 2024 earnings released: kr1.59 loss per share (vs kr1.00 loss in 2Q 2023)Second quarter 2024 results: kr1.59 loss per share (further deteriorated from kr1.00 loss in 2Q 2023). Revenue: kr7.91m (down 50% from 2Q 2023). Net loss: kr10.9m (loss widened 59% from 2Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings.Reported Earnings • Jun 04First quarter 2024 earnings released: kr1.50 loss per share (vs kr0.46 loss in 1Q 2023)First quarter 2024 results: kr1.50 loss per share (further deteriorated from kr0.46 loss in 1Q 2023). Revenue: kr9.35m (down 45% from 1Q 2023). Net loss: kr10.3m (loss widened 229% from 1Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings.お知らせ • May 31Ngenic AB (publ), Annual General Meeting, Jun 28, 2024Ngenic AB (publ), Annual General Meeting, Jun 28, 2024, at 10:00 W. Europe Standard Time. Location: in advokatfirman lindahl`s premises, vaksalagatan 10, uppsala SwedenReported Earnings • Mar 03Full year 2023 earnings released: kr2.94 loss per share (vs kr3.80 loss in FY 2022)Full year 2023 results: kr2.94 loss per share (improved from kr3.80 loss in FY 2022). Revenue: kr82.6m (up 142% from FY 2022). Net loss: kr20.1m (loss narrowed 23% from FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in Sweden.New Risk • Mar 02New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr27m free cash flow). Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (kr66.8m market cap, or US$6.47m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).New Risk • Dec 05New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr27m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (kr87.9m market cap, or US$8.37m).Reported Earnings • Dec 03Third quarter 2023 earnings released: kr0.65 loss per share (vs kr0.39 loss in 3Q 2022)Third quarter 2023 results: kr0.65 loss per share (further deteriorated from kr0.39 loss in 3Q 2022). Revenue: kr22.5m (up 171% from 3Q 2022). Net loss: kr4.43m (loss widened 82% from 3Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden.New Risk • Oct 31New 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 Swedish stocks, typically moving 12% 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 Less than 1 year of cash runway based on free cash flow trend (-kr35m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (kr82.4m market cap, or US$7.38m). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr9.5m net loss next year). Revenue is less than US$5m (kr52m revenue, or US$4.6m).Reported Earnings • Aug 31Second quarter 2023 earnings released: kr1.00 loss per share (vs kr1.54 loss in 2Q 2022)Second quarter 2023 results: kr1.00 loss per share (improved from kr1.54 loss in 2Q 2022). Revenue: kr16.2m (up 121% from 2Q 2022). Net loss: kr6.85m (loss narrowed 4.6% from 2Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Electronic industry in Sweden.New Risk • Aug 22New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr109.1m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr24m free cash flow). Market cap is less than US$10m (kr109.1m market cap, or US$9.97m). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr7.0m net loss next year). Revenue is less than US$5m (kr43m revenue, or US$4.0m).Breakeven Date Change • Jun 05Forecast to breakeven in 2024The analyst covering Ngenic expects the company to break even for the first time. New forecast suggests losses will reduce by 62% to 2023. The company is expected to make a profit of kr2.00m in 2024. Average annual earnings growth of 121% is required to achieve expected profit on schedule.Reported Earnings • Feb 19Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: kr3.80 loss per share. Revenue: kr36.0m (up 45% from FY 2021). Net loss: kr26.0m (loss widened 32% from FY 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Electronic industry in Sweden.Major Estimate Revision • Dec 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr37.0m to kr27.0m. EPS estimate unchanged from -kr3.30 per share at last update. Electronic industry in Sweden expected to see average net income growth of 50% next year. Consensus price target up from kr23.00 to kr26.00. Share price was steady at kr30.40 over the past week.Reported Earnings • Nov 27Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr8.53m (up 68% from 3Q 2021). Net loss: kr2.43m (loss narrowed 50% from 3Q 2021). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Sweden.Board Change • Nov 16No 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. 6 non-independent directors. Board Member Melinda Elmborg was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 27No 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. 6 non-independent directors. Board Member Melinda Elmborg was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.業績と収益の成長予測NGM:NGENIC - アナリストの将来予測と過去の財務データ ( )SEK Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202757-2N/A7112/31/202643-10N/A7112/31/202531-16N/A-36112/31/202430-30-17-8N/A9/30/202446-30-13-5N/A6/30/202464-31-83N/A3/31/202472-27-22-11N/A12/31/202380-20-26-14N/A9/30/202365-25-27-15N/A6/30/202352-23-35-24N/A3/31/202343-23-24-12N/A12/31/202234-26-17-7N/A9/30/202233-23-100N/A6/30/202230-26-13-4N/A3/31/202228-23-25-18N/A12/31/202125-20-23-17N/A9/30/202120-17-20-15N/A6/30/202119-15-18-12N/A3/31/202118-13-41N/A12/31/202017-13-12-8N/A12/31/201917-11-50N/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: NGENIC今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: NGENIC今後 3 年間、利益が出ない状態が続くと予測されています。高成長収益: NGENIC今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: NGENICの収益 ( 23.3% ) Swedish市場 ( 0.07% ) 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: NGENICの収益 ( 23.3% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: NGENICの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/04/30 10:57終値2025/04/25 00:00収益2024/12/31年間収益2024/12/31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Ngenic AB (publ) 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Mattias EhrenborgRedeye
Price Target Changed • Sep 30Price target decreased by 28% to kr18.00Down from kr25.00, the current price target is provided by 1 analyst. New target price is 650% above last closing price of kr2.40. Stock is down 83% over the past year. The company posted a net loss per share of kr2.94 last year.
Breakeven Date Change • Jun 05Forecast to breakeven in 2024The analyst covering Ngenic expects the company to break even for the first time. New forecast suggests losses will reduce by 62% to 2023. The company is expected to make a profit of kr2.00m in 2024. Average annual earnings growth of 121% is required to achieve expected profit on schedule.
Major Estimate Revision • Dec 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr37.0m to kr27.0m. EPS estimate unchanged from -kr3.30 per share at last update. Electronic industry in Sweden expected to see average net income growth of 50% next year. Consensus price target up from kr23.00 to kr26.00. Share price was steady at kr30.40 over the past week.
お知らせ • Apr 29Ngenic AB (publ) to Report Q1, 2025 Results on May 28, 2025Ngenic AB (publ) announced that they will report Q1, 2025 results on May 28, 2025
Reported Earnings • Mar 06Full year 2024 earnings released: kr4.36 loss per share (vs kr2.94 loss in FY 2023)Full year 2024 results: kr4.36 loss per share (further deteriorated from kr2.94 loss in FY 2023). Revenue: kr30.5m (down 62% from FY 2023). Net loss: kr29.8m (loss widened 48% from FY 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden.
お知らせ • Jan 30Ngenic AB (publ) to Report Fiscal Year 2024 Results on Feb 28, 2025Ngenic AB (publ) announced that they will report fiscal year 2024 results on Feb 28, 2025
Reported Earnings • Dec 01Third quarter 2024 earnings released: kr0.53 loss per share (vs kr0.65 loss in 3Q 2023)Third quarter 2024 results: kr0.53 loss per share (improved from kr0.65 loss in 3Q 2023). Revenue: kr4.06m (down 81% from 3Q 2023). Net loss: kr3.64m (loss narrowed 18% from 3Q 2023). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings.
Price Target Changed • Sep 30Price target decreased by 28% to kr18.00Down from kr25.00, the current price target is provided by 1 analyst. New target price is 650% above last closing price of kr2.40. Stock is down 83% over the past year. The company posted a net loss per share of kr2.94 last year.
New Risk • Sep 01New minor risk - Negative shareholders equityThe company has negative equity. Total equity: -kr3.4m This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. 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 (-kr7.6m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (kr24.6m market cap, or US$2.39m). Minor Risk Negative equity (-kr3.4m).
Reported Earnings • Sep 01Second quarter 2024 earnings released: kr1.59 loss per share (vs kr1.00 loss in 2Q 2023)Second quarter 2024 results: kr1.59 loss per share (further deteriorated from kr1.00 loss in 2Q 2023). Revenue: kr7.91m (down 50% from 2Q 2023). Net loss: kr10.9m (loss widened 59% from 2Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings.
Reported Earnings • Jun 04First quarter 2024 earnings released: kr1.50 loss per share (vs kr0.46 loss in 1Q 2023)First quarter 2024 results: kr1.50 loss per share (further deteriorated from kr0.46 loss in 1Q 2023). Revenue: kr9.35m (down 45% from 1Q 2023). Net loss: kr10.3m (loss widened 229% from 1Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings.
お知らせ • May 31Ngenic AB (publ), Annual General Meeting, Jun 28, 2024Ngenic AB (publ), Annual General Meeting, Jun 28, 2024, at 10:00 W. Europe Standard Time. Location: in advokatfirman lindahl`s premises, vaksalagatan 10, uppsala Sweden
Reported Earnings • Mar 03Full year 2023 earnings released: kr2.94 loss per share (vs kr3.80 loss in FY 2022)Full year 2023 results: kr2.94 loss per share (improved from kr3.80 loss in FY 2022). Revenue: kr82.6m (up 142% from FY 2022). Net loss: kr20.1m (loss narrowed 23% from FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in Sweden.
New Risk • Mar 02New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr27m free cash flow). Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (kr66.8m market cap, or US$6.47m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
New Risk • Dec 05New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr27m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (kr87.9m market cap, or US$8.37m).
Reported Earnings • Dec 03Third quarter 2023 earnings released: kr0.65 loss per share (vs kr0.39 loss in 3Q 2022)Third quarter 2023 results: kr0.65 loss per share (further deteriorated from kr0.39 loss in 3Q 2022). Revenue: kr22.5m (up 171% from 3Q 2022). Net loss: kr4.43m (loss widened 82% from 3Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden.
New Risk • Oct 31New 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 Swedish stocks, typically moving 12% 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 Less than 1 year of cash runway based on free cash flow trend (-kr35m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (kr82.4m market cap, or US$7.38m). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr9.5m net loss next year). Revenue is less than US$5m (kr52m revenue, or US$4.6m).
Reported Earnings • Aug 31Second quarter 2023 earnings released: kr1.00 loss per share (vs kr1.54 loss in 2Q 2022)Second quarter 2023 results: kr1.00 loss per share (improved from kr1.54 loss in 2Q 2022). Revenue: kr16.2m (up 121% from 2Q 2022). Net loss: kr6.85m (loss narrowed 4.6% from 2Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Electronic industry in Sweden.
New Risk • Aug 22New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr109.1m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr24m free cash flow). Market cap is less than US$10m (kr109.1m market cap, or US$9.97m). Minor Risks Currently unprofitable and not forecast to become profitable next year (kr7.0m net loss next year). Revenue is less than US$5m (kr43m revenue, or US$4.0m).
Breakeven Date Change • Jun 05Forecast to breakeven in 2024The analyst covering Ngenic expects the company to break even for the first time. New forecast suggests losses will reduce by 62% to 2023. The company is expected to make a profit of kr2.00m in 2024. Average annual earnings growth of 121% is required to achieve expected profit on schedule.
Reported Earnings • Feb 19Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: kr3.80 loss per share. Revenue: kr36.0m (up 45% from FY 2021). Net loss: kr26.0m (loss widened 32% from FY 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Electronic industry in Sweden.
Major Estimate Revision • Dec 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr37.0m to kr27.0m. EPS estimate unchanged from -kr3.30 per share at last update. Electronic industry in Sweden expected to see average net income growth of 50% next year. Consensus price target up from kr23.00 to kr26.00. Share price was steady at kr30.40 over the past week.
Reported Earnings • Nov 27Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr8.53m (up 68% from 3Q 2021). Net loss: kr2.43m (loss narrowed 50% from 3Q 2021). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Sweden.
Board Change • Nov 16No 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. 6 non-independent directors. Board Member Melinda Elmborg was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 27No 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. 6 non-independent directors. Board Member Melinda Elmborg was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.