View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsSmart Wires Technology 향후 성장Future 기준 점검 2/6Smart Wires Technology은 연간 수입과 매출이 각각 68.7%와 90.3% 증가할 것으로 예상되고 EPS는 연간 84.8%만큼 증가할 것으로 예상됩니다.핵심 정보68.7%이익 성장률84.80%EPS 성장률Electrical 이익 성장27.0%매출 성장률90.3%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트22 May 2023최근 향후 성장 업데이트공시 • Nov 18Smart Wires Technology Ltd. Suspends Revenue GuidanceSmart Wires Technology Ltd. announced on October 10, 2022 that it suspended its revenue guidance as it continues to work through supply chain challenges.공시 • Oct 11Smart Wires Technology Ltd Suspends Revenue Guidance for the Year 2022Smart Wires Technology Ltd. suspended revenue guidance for the year 2022. The Company is suspending its revenue guidance as it continues to work through supply chain challenges. Specifically, production delays of printed circuit board assemblies have resulted in a shift in the delivery schedule of committed customer orders. October 10, 2022Smart Wires Technology Ltd. and its operating subsidiary, Smart Wires Inc. (collectively, the Company) has engaged two advisors to explore strategic alternatives for the Company, including without limitation additional financing to address its liquidity, a business combination, and a sale of the Company.Breakeven Date Change • Aug 17Forecast to breakeven in 2024The 2 analysts covering Smart Wires Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 3.4% per year to 2023. The company is expected to make a profit of US$7.00m in 2024. Average annual earnings growth of 36% is required to achieve expected profit on schedule.공시 • Aug 13Smart Wires Technology Ltd. Announces Guidance for 2022Smart Wires Technology Ltd. announced guidance for 2022. As announced on July 21, company have issued full year guidance as follows: company reiterated order guidance of $100 million to $120 million, led by the momentum in core market. The company revised revenue guidance of $55 million to $60 million for the year, driven by the global supply chain disruption.공시 • Jul 22Smart Wires Technology Revises Revenue Guidance for the Full Year of 2022Smart Wires Technology Ltd. announced a new outlook regarding full year 2022 revenue in the range of $55 Million - $60 Million, previously stated as $65 Million to $70 Million. The company also suspended the previously stated outlook regarding full-year 2022 gross margins rising to 12% to 14%.Breakeven Date Change • Jun 08No longer forecast to breakevenThe 2 analysts covering Smart Wires Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$20.0m in 2024. New consensus forecast suggests the company will make a loss of US$8.12m in 2024.모든 업데이트 보기Recent updates공시 • Nov 18Smart Wires Technology Ltd. Suspends Revenue GuidanceSmart Wires Technology Ltd. announced on October 10, 2022 that it suspended its revenue guidance as it continues to work through supply chain challenges.공시 • Nov 17Smart Wires Technology Intends to Apply for Delisting of Swedish Depositary Receipts from Nasdaq First North Growth MarketSmart Wires Technology Ltd. announced a financing of USD 5 million and its intention to apply for delisting of its Swedish Depositary Receipts from Nasdaq First North Growth Market. Smart Wires Technology expects to formally apply for delisting of Swedish Depositary Receipts from Nasdaq First North Growth Market not earlier than three months from today.공시 • Oct 11Smart Wires Technology Ltd Suspends Revenue Guidance for the Year 2022Smart Wires Technology Ltd. suspended revenue guidance for the year 2022. The Company is suspending its revenue guidance as it continues to work through supply chain challenges. Specifically, production delays of printed circuit board assemblies have resulted in a shift in the delivery schedule of committed customer orders. October 10, 2022Smart Wires Technology Ltd. and its operating subsidiary, Smart Wires Inc. (collectively, the Company) has engaged two advisors to explore strategic alternatives for the Company, including without limitation additional financing to address its liquidity, a business combination, and a sale of the Company.Breakeven Date Change • Aug 17Forecast to breakeven in 2024The 2 analysts covering Smart Wires Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 3.4% per year to 2023. The company is expected to make a profit of US$7.00m in 2024. Average annual earnings growth of 36% is required to achieve expected profit on schedule.공시 • Aug 13Smart Wires Technology Ltd. Announces Guidance for 2022Smart Wires Technology Ltd. announced guidance for 2022. As announced on July 21, company have issued full year guidance as follows: company reiterated order guidance of $100 million to $120 million, led by the momentum in core market. The company revised revenue guidance of $55 million to $60 million for the year, driven by the global supply chain disruption.Reported Earnings • Aug 12Second quarter 2022 earnings released: US$0.18 loss per share (vs US$0.16 loss in 2Q 2021)Second quarter 2022 results: US$0.18 loss per share (down from US$0.16 loss in 2Q 2021). Revenue: US$8.20m (down 20% from 2Q 2021). Net loss: US$17.6m (loss widened 3.5% from 2Q 2021). Over the next year, revenue is forecast to grow 152%, compared to a 14% growth forecast for the industry in Germany.공시 • Aug 05Smart Wires Technology Ltd. to Report Q2, 2022 Results on Aug 11, 2022Smart Wires Technology Ltd. announced that they will report Q2, 2022 results at 7:30 AM, Central European Standard Time on Aug 11, 2022공시 • Jul 22Smart Wires Technology Revises Revenue Guidance for the Full Year of 2022Smart Wires Technology Ltd. announced a new outlook regarding full year 2022 revenue in the range of $55 Million - $60 Million, previously stated as $65 Million to $70 Million. The company also suspended the previously stated outlook regarding full-year 2022 gross margins rising to 12% to 14%.Breakeven Date Change • Jun 08No longer forecast to breakevenThe 2 analysts covering Smart Wires Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$20.0m in 2024. New consensus forecast suggests the company will make a loss of US$8.12m in 2024.Reported Earnings • May 13First quarter 2022 earnings released: US$0.21 loss per share (vs US$3.77 loss in 1Q 2021)First quarter 2022 results: US$0.21 loss per share. Revenue: US$2.70m (down 78% from 1Q 2021). Net loss: US$20.7m (loss widened 28% from 1Q 2021). Over the next year, revenue is forecast to grow 105%, compared to a 11% growth forecast for the industry in Germany.공시 • May 12+ 1 more updateSmart Wires Technology Ltd. Provides Earnings Guidance for the Year 2022Smart Wires Technology Ltd. provided earnings guidance for the year 2022. The revenue guidance of $65 million to $70 million.공시 • Apr 22Smart Wires Appoints Hêdd Roberts as General Manager, European RegionSmart Wires announced that it has appointed Hêdd Roberts as General Manager for the European region, effective 19 April 2022. Hêdd joins from National Grid, where he was on the electricity transmission executive team in the UK and most recently Director of Regulation. Hêdd brings with him a vast amount of industry experience, having worked in various leadership, commercial and engineering roles with NGET over the past two decades, covering charging and access development, investment management and customer and commercial services.공시 • Feb 15+ 1 more updateSmart Wires Technology Ltd. Provides Revenue Guidance for the Fourth Quarter of 2021, Full-Year 2021 and Full-Year 2022Smart Wires Technology Ltd. provided revenue guidance for the fourth quarter of 2021, full-year 2021 and full-year 2022. For the fourth quarter 2021, revenue is expected to be approximately $19.2 million compared to $8.3 million in the fourth quarter of 2020. For full-year 2021 revenue is expected to be approximately $47.5 million compared to $15.4 million for the full-year 2020. For full-year 2022, the company revenue guidance in the range of $65 million to $70 million.공시 • Feb 09Amprion and Smart Wires Successfully Tested Modular Power Flow Control TechnologyAmprion and Smart Wires have successfully completed a pilot test on the use of innovative technology for optimisation of grid loading. As a result of the one-and-a-half-year cooperation, Amprion has found that there are no technical reservations regarding the use of SmartValve™ technology in the German power grid. In August 2020 the transmission system operator Amprion and the company Smart Wires signed a cooperation agreement. The aim was to thoroughly investigate the technology that has not yet been used in Germany. Amprion has carried out extensive studies and technical analyses of Smart Wires' modular static synchronous series compensator. The SmartValve is intended to distribute power flows more evenly across circuits, and herewith increase utilisation of lines and contribute to system stability. The SmartValve can optimally utilise the capacity of the lines through targeted load flow changes. The transmission grid can be controlled in a better way and minimise the expensive use of power plants in congestion management. SmartValves are individual modules that can be expanded into larger deployments, depending on the system needs. The technology is easy to transport, thus can be used in more flexible way at different locations. The new technology can thus complement conventional large and phase-shifting transformers (PST) and introduces new use cases and applications. Amprion has carried out extensive studies and technical analyses of Smart Wires' modular static synchronous series compensator (m-SSSC). The SmartValve is intended to distribute power flows more evenly across circuits, and herewith increase utilisation of lines and contribute to system stability. The SmartValve can optimally utilise the capacity of the lines through targeted load flow changes (increase or decreasing power flows on a circuit). The transmission grid can be controlled in a better way and minimise the expensive use of power plants in congestion management. SmartValves are individual modules that can be expanded into larger deployments, depending on the system needs. The technology is easy to transport, thus can be used in more flexible way at different locations. The new technology can thus complement conventional large and phase-shifting transformers and introduces new use cases and applications.Amprion has carried out extensive studies and technical analyses of Smart Wires' modular static synchronous series compensator (m-SSSC). The SmartValve is intended to distribute power flows more evenly across circuits, and herewith increase utilisation of lines and contribute to system stability.The SmartValve can optimally utilise the capacity of the lines through targeted load flow changes (increase or decreasing power flows on a circuit). The transmission grid can be controlled in a better way and minimise the expensive use of power plants in congestion management. SmartValves are individual modules that can be expanded into larger deployments, depending on the system needs. The technology is easy to transport, thus can be used in more flexible way at different locations. The new technology can thus complement conventional large and phase-shifting transformers (PST) and introduces new use cases and applications.The climate targets of the EU and of the German government are accelerating the transformation of the power grid in Europe. In addition to the necessary grid expansion, more innovative technologies are being used for more efficient capacity utilisation. The German grid development plan also opens application of such technology in addition to new expansion project.Reported Earnings • Nov 21Third quarter 2021 earnings released: US$0.14 loss per shareThe company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: US$5.86m (flat on 3Q 2020). Net loss: US$15.5m (flat on 3Q 2020).Breakeven Date Change • Nov 17Forecast to breakeven in 2023The analyst covering Smart Wires Technology expects the company to break even for the first time. New forecast suggests the company will make a profit of US$20.8m in 2023. Average annual earnings growth of 91% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 23Forecast to breakeven in 2023The analyst covering Smart Wires Technology expects the company to break even for the first time. New forecast suggests the company will make a profit of US$20.8m in 2023. Average annual earnings growth of 91% is required to achieve expected profit on schedule.Executive Departure • Jul 27Chief Financial Officer Evan Geisert has left the companyOn the 23rd of July, Evan Geisert's tenure as Chief Financial Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Evan's name. Evan is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.이익 및 매출 성장 예측DB:9ML - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20242917N/AN/A112/31/2023106-50N/AN/A112/31/202254-66N/AN/A19/30/202233-72-94-81N/A6/30/202234-64-94-82N/A3/31/202237-71-77-70N/A12/31/202146-66-67-65N/A9/30/202137-72-73-73N/A6/30/202134-72-65-64N/A3/31/202126-64-73-71N/A12/31/202015-63-69-66N/A12/31/20198-75-49-45N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 9ML 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 vs 시장: 9ML 향후 3년 동안 수익성이 없을 것으로 예상됩니다.고성장 수익: 9ML 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 대 시장: 9ML 의 수익(연간 90.3%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 9ML 의 수익(연간 90.3%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 9ML의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/06/04 16:07종가2023/03/07 00:00수익2022/09/30연간 수익2021/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Smart Wires Technology Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Gard AarvikPareto SecuritiesJessica GrunewaldRedeye
공시 • Nov 18Smart Wires Technology Ltd. Suspends Revenue GuidanceSmart Wires Technology Ltd. announced on October 10, 2022 that it suspended its revenue guidance as it continues to work through supply chain challenges.
공시 • Oct 11Smart Wires Technology Ltd Suspends Revenue Guidance for the Year 2022Smart Wires Technology Ltd. suspended revenue guidance for the year 2022. The Company is suspending its revenue guidance as it continues to work through supply chain challenges. Specifically, production delays of printed circuit board assemblies have resulted in a shift in the delivery schedule of committed customer orders. October 10, 2022Smart Wires Technology Ltd. and its operating subsidiary, Smart Wires Inc. (collectively, the Company) has engaged two advisors to explore strategic alternatives for the Company, including without limitation additional financing to address its liquidity, a business combination, and a sale of the Company.
Breakeven Date Change • Aug 17Forecast to breakeven in 2024The 2 analysts covering Smart Wires Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 3.4% per year to 2023. The company is expected to make a profit of US$7.00m in 2024. Average annual earnings growth of 36% is required to achieve expected profit on schedule.
공시 • Aug 13Smart Wires Technology Ltd. Announces Guidance for 2022Smart Wires Technology Ltd. announced guidance for 2022. As announced on July 21, company have issued full year guidance as follows: company reiterated order guidance of $100 million to $120 million, led by the momentum in core market. The company revised revenue guidance of $55 million to $60 million for the year, driven by the global supply chain disruption.
공시 • Jul 22Smart Wires Technology Revises Revenue Guidance for the Full Year of 2022Smart Wires Technology Ltd. announced a new outlook regarding full year 2022 revenue in the range of $55 Million - $60 Million, previously stated as $65 Million to $70 Million. The company also suspended the previously stated outlook regarding full-year 2022 gross margins rising to 12% to 14%.
Breakeven Date Change • Jun 08No longer forecast to breakevenThe 2 analysts covering Smart Wires Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$20.0m in 2024. New consensus forecast suggests the company will make a loss of US$8.12m in 2024.
공시 • Nov 18Smart Wires Technology Ltd. Suspends Revenue GuidanceSmart Wires Technology Ltd. announced on October 10, 2022 that it suspended its revenue guidance as it continues to work through supply chain challenges.
공시 • Nov 17Smart Wires Technology Intends to Apply for Delisting of Swedish Depositary Receipts from Nasdaq First North Growth MarketSmart Wires Technology Ltd. announced a financing of USD 5 million and its intention to apply for delisting of its Swedish Depositary Receipts from Nasdaq First North Growth Market. Smart Wires Technology expects to formally apply for delisting of Swedish Depositary Receipts from Nasdaq First North Growth Market not earlier than three months from today.
공시 • Oct 11Smart Wires Technology Ltd Suspends Revenue Guidance for the Year 2022Smart Wires Technology Ltd. suspended revenue guidance for the year 2022. The Company is suspending its revenue guidance as it continues to work through supply chain challenges. Specifically, production delays of printed circuit board assemblies have resulted in a shift in the delivery schedule of committed customer orders. October 10, 2022Smart Wires Technology Ltd. and its operating subsidiary, Smart Wires Inc. (collectively, the Company) has engaged two advisors to explore strategic alternatives for the Company, including without limitation additional financing to address its liquidity, a business combination, and a sale of the Company.
Breakeven Date Change • Aug 17Forecast to breakeven in 2024The 2 analysts covering Smart Wires Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 3.4% per year to 2023. The company is expected to make a profit of US$7.00m in 2024. Average annual earnings growth of 36% is required to achieve expected profit on schedule.
공시 • Aug 13Smart Wires Technology Ltd. Announces Guidance for 2022Smart Wires Technology Ltd. announced guidance for 2022. As announced on July 21, company have issued full year guidance as follows: company reiterated order guidance of $100 million to $120 million, led by the momentum in core market. The company revised revenue guidance of $55 million to $60 million for the year, driven by the global supply chain disruption.
Reported Earnings • Aug 12Second quarter 2022 earnings released: US$0.18 loss per share (vs US$0.16 loss in 2Q 2021)Second quarter 2022 results: US$0.18 loss per share (down from US$0.16 loss in 2Q 2021). Revenue: US$8.20m (down 20% from 2Q 2021). Net loss: US$17.6m (loss widened 3.5% from 2Q 2021). Over the next year, revenue is forecast to grow 152%, compared to a 14% growth forecast for the industry in Germany.
공시 • Aug 05Smart Wires Technology Ltd. to Report Q2, 2022 Results on Aug 11, 2022Smart Wires Technology Ltd. announced that they will report Q2, 2022 results at 7:30 AM, Central European Standard Time on Aug 11, 2022
공시 • Jul 22Smart Wires Technology Revises Revenue Guidance for the Full Year of 2022Smart Wires Technology Ltd. announced a new outlook regarding full year 2022 revenue in the range of $55 Million - $60 Million, previously stated as $65 Million to $70 Million. The company also suspended the previously stated outlook regarding full-year 2022 gross margins rising to 12% to 14%.
Breakeven Date Change • Jun 08No longer forecast to breakevenThe 2 analysts covering Smart Wires Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$20.0m in 2024. New consensus forecast suggests the company will make a loss of US$8.12m in 2024.
Reported Earnings • May 13First quarter 2022 earnings released: US$0.21 loss per share (vs US$3.77 loss in 1Q 2021)First quarter 2022 results: US$0.21 loss per share. Revenue: US$2.70m (down 78% from 1Q 2021). Net loss: US$20.7m (loss widened 28% from 1Q 2021). Over the next year, revenue is forecast to grow 105%, compared to a 11% growth forecast for the industry in Germany.
공시 • May 12+ 1 more updateSmart Wires Technology Ltd. Provides Earnings Guidance for the Year 2022Smart Wires Technology Ltd. provided earnings guidance for the year 2022. The revenue guidance of $65 million to $70 million.
공시 • Apr 22Smart Wires Appoints Hêdd Roberts as General Manager, European RegionSmart Wires announced that it has appointed Hêdd Roberts as General Manager for the European region, effective 19 April 2022. Hêdd joins from National Grid, where he was on the electricity transmission executive team in the UK and most recently Director of Regulation. Hêdd brings with him a vast amount of industry experience, having worked in various leadership, commercial and engineering roles with NGET over the past two decades, covering charging and access development, investment management and customer and commercial services.
공시 • Feb 15+ 1 more updateSmart Wires Technology Ltd. Provides Revenue Guidance for the Fourth Quarter of 2021, Full-Year 2021 and Full-Year 2022Smart Wires Technology Ltd. provided revenue guidance for the fourth quarter of 2021, full-year 2021 and full-year 2022. For the fourth quarter 2021, revenue is expected to be approximately $19.2 million compared to $8.3 million in the fourth quarter of 2020. For full-year 2021 revenue is expected to be approximately $47.5 million compared to $15.4 million for the full-year 2020. For full-year 2022, the company revenue guidance in the range of $65 million to $70 million.
공시 • Feb 09Amprion and Smart Wires Successfully Tested Modular Power Flow Control TechnologyAmprion and Smart Wires have successfully completed a pilot test on the use of innovative technology for optimisation of grid loading. As a result of the one-and-a-half-year cooperation, Amprion has found that there are no technical reservations regarding the use of SmartValve™ technology in the German power grid. In August 2020 the transmission system operator Amprion and the company Smart Wires signed a cooperation agreement. The aim was to thoroughly investigate the technology that has not yet been used in Germany. Amprion has carried out extensive studies and technical analyses of Smart Wires' modular static synchronous series compensator. The SmartValve is intended to distribute power flows more evenly across circuits, and herewith increase utilisation of lines and contribute to system stability. The SmartValve can optimally utilise the capacity of the lines through targeted load flow changes. The transmission grid can be controlled in a better way and minimise the expensive use of power plants in congestion management. SmartValves are individual modules that can be expanded into larger deployments, depending on the system needs. The technology is easy to transport, thus can be used in more flexible way at different locations. The new technology can thus complement conventional large and phase-shifting transformers (PST) and introduces new use cases and applications. Amprion has carried out extensive studies and technical analyses of Smart Wires' modular static synchronous series compensator (m-SSSC). The SmartValve is intended to distribute power flows more evenly across circuits, and herewith increase utilisation of lines and contribute to system stability. The SmartValve can optimally utilise the capacity of the lines through targeted load flow changes (increase or decreasing power flows on a circuit). The transmission grid can be controlled in a better way and minimise the expensive use of power plants in congestion management. SmartValves are individual modules that can be expanded into larger deployments, depending on the system needs. The technology is easy to transport, thus can be used in more flexible way at different locations. The new technology can thus complement conventional large and phase-shifting transformers and introduces new use cases and applications.Amprion has carried out extensive studies and technical analyses of Smart Wires' modular static synchronous series compensator (m-SSSC). The SmartValve is intended to distribute power flows more evenly across circuits, and herewith increase utilisation of lines and contribute to system stability.The SmartValve can optimally utilise the capacity of the lines through targeted load flow changes (increase or decreasing power flows on a circuit). The transmission grid can be controlled in a better way and minimise the expensive use of power plants in congestion management. SmartValves are individual modules that can be expanded into larger deployments, depending on the system needs. The technology is easy to transport, thus can be used in more flexible way at different locations. The new technology can thus complement conventional large and phase-shifting transformers (PST) and introduces new use cases and applications.The climate targets of the EU and of the German government are accelerating the transformation of the power grid in Europe. In addition to the necessary grid expansion, more innovative technologies are being used for more efficient capacity utilisation. The German grid development plan also opens application of such technology in addition to new expansion project.
Reported Earnings • Nov 21Third quarter 2021 earnings released: US$0.14 loss per shareThe company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: US$5.86m (flat on 3Q 2020). Net loss: US$15.5m (flat on 3Q 2020).
Breakeven Date Change • Nov 17Forecast to breakeven in 2023The analyst covering Smart Wires Technology expects the company to break even for the first time. New forecast suggests the company will make a profit of US$20.8m in 2023. Average annual earnings growth of 91% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 23Forecast to breakeven in 2023The analyst covering Smart Wires Technology expects the company to break even for the first time. New forecast suggests the company will make a profit of US$20.8m in 2023. Average annual earnings growth of 91% is required to achieve expected profit on schedule.
Executive Departure • Jul 27Chief Financial Officer Evan Geisert has left the companyOn the 23rd of July, Evan Geisert's tenure as Chief Financial Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Evan's name. Evan is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.