View ValuationSvenska Aerogel Holding 향후 성장Future 기준 점검 2/6Svenska Aerogel Holding (는) 각각 연간 28.3% 및 54.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 46.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 -36.5% 로 예상됩니다.핵심 정보28.3%이익 성장률46.33%EPS 성장률Chemicals 이익 성장43.6%매출 성장률54.7%향후 자기자본이익률-36.52%애널리스트 커버리지Low마지막 업데이트29 Apr 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Apr 25Svenska Aerogel Holding AB (publ), Annual General Meeting, May 27, 2026Svenska Aerogel Holding AB (publ), Annual General Meeting, May 27, 2026, at 10:00 W. Europe Standard Time. Location: writing & reading room, elite grand hotel in gavle, kyrkogatan 28, 803 11, gavle Sweden공시 • Oct 07+ 5 more updatesSvenska Aerogel Holding AB (publ) to Report Q3, 2025 Results on Oct 24, 2025Svenska Aerogel Holding AB (publ) announced that they will report Q3, 2025 results on Oct 24, 2025공시 • Aug 07Svenska Aerogel Holding AB (Publ) Appoints Henrik Andersson as Chief Financial Officer, Effective September 1, 2025Svenska Aerogel Holding AB (publ) has nominated Henrik Andersson as Chief Financial Officer (CFO), effective September 1, 2025. He has extensive experience in the field, including serving as Group and Business Controller at international industrial companies. Henrik holds a Master's Degree in Business Administration and has extensive experience in the field. He has served as Group and Business Controller at companies such as IPCO Sweden AB and Sandvik Coromant.공시 • Jun 24Svenska Aerogel Holding AB (Publ) Announces Resignation of Elin Lovén as Chief Financial OfficerSvenska Aerogel announced that the Company's Chief Financial Officer, Elin Lovén, has informed the Company of her decision to leave her position to pursue a new opportunity. Elin Lovén has served as CFO since 2022 and plans to remain in her role through the end of December 2025 to ensure a smooth transition.공시 • Apr 24Svenska Aerogel Holding AB (publ), Annual General Meeting, May 27, 2025Svenska Aerogel Holding AB (publ), Annual General Meeting, May 27, 2025, at 10:00 W. Europe Standard Time. Location: in the theatre hall, elite grand hotel, gavle, kyrkogatan 28, 803 11 gavle. Sweden공시 • Mar 26Svenska Aerogel Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 24.583127 million.Svenska Aerogel Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 24.583127 million. Security Name: Shares Security Type: Common Stock Securities Offered: 10,925,834 Price\Range: SEK 2.25 Transaction Features: Rights Offering공시 • Feb 28Svenska Aerogel Holding AB (publ) to Report Fiscal Year 2024 Results on Feb 27, 2025Svenska Aerogel Holding AB (publ) announced that they will report fiscal year 2024 results on Feb 27, 2025공시 • Feb 27Svenska Aerogel Holding AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 42.753267 million.Svenska Aerogel Holding AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 42.753267 million. Security Name: Shares Security Type: Common Stock Securities Offered: 19,001,452 Price\Range: SEK 2.25 Transaction Features: Rights OfferingBuy Or Sell Opportunity • Nov 09Now 97% undervaluedThe stock has been flat over the last 90 days, currently trading at €0.0001. The fair value is estimated to be €0.0034, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 61% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.Buy Or Sell Opportunity • Oct 24Now 96% undervalued after recent price dropOver the last 90 days, the stock has fallen 92% to €0.0001. The fair value is estimated to be €0.0026, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 61% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.Buy Or Sell Opportunity • Oct 04Now 96% undervalued after recent price dropOver the last 90 days, the stock has fallen 98% to €0.0001. The fair value is estimated to be €0.0027, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 61% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.New Risk • Oct 01New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.93m (US$9.94m) 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 (-kr30m free cash flow). Share price has been highly volatile over the past 3 months (2,856% average daily change). Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Revenue is less than US$1m (kr2.4m revenue, or US$233k). Market cap is less than US$10m (€8.93m market cap, or US$9.94m). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (kr23m net loss in 3 years).Buy Or Sell Opportunity • Sep 18Now 96% undervaluedThe stock has been flat over the last 90 days, currently trading at €0.0001. The fair value is estimated to be €0.0023, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 61% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.공시 • Sep 05Svenska Aerogel Holding AB (publ) to Launch Quartzene®? Z-Slurry ProductSvenska Aerogel announced the launch of their latest product, Quartzene Z-Slurry. This aqueous aerogel suspension is easily processed and pumpable, enhancing thermal insulation, improving fire safety, and reducing the weight of end products. It offers significant advantages for paint manufacturers as well as producers of fibrous products. Quartzene Z-Slurry is now available for purchase across Europe. Quartzene Z-Slur is a low-viscosity, aqueous aerogel suspended, featuring amorphous hydrophilic silica. The product ensures fast, dust-free incorporation, making it ideal for waterborne manufacturing processes such as the production of paints, coatings, and technical textiles and papers. Designed to facilitate downstream processing in factory settings, Quartzene Z- Slurry improves efficiency and reduces operational complexities. Summary of key features and benefits. Waterborne pumpable hydrophilic aerogel slurry: Quartzene Z-Slurry's low-viscosity nature ensures easy processing and pumpability, facilitating seamless integration into existing manufacturing workflows. No dusting: The suspension's formulation eliminates dusting, promoting a cleaner and safer working environment. Enhanced thermal insulation: With low thermal conductivity, Quartzene Z-Slur enhances the thermal insulation properties of end products, contributing to energy efficiency and sustainability. Improved fire safety: The aerogel suspension's inherent properties improve fire safety. Lightweight solution: By reducing the weight of products, Quartzene Z-SlUR offers manufacturers the ability to create lighter, more efficient end products.Reported Earnings • Aug 30Second quarter 2024 earnings released: kr0.007 loss per share (vs kr0.027 loss in 2Q 2023)Second quarter 2024 results: kr0.007 loss per share (improved from kr0.027 loss in 2Q 2023). Net loss: kr6.24m (loss narrowed 49% from 2Q 2023). Revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany.Buy Or Sell Opportunity • Aug 29Now 95% undervalued after recent price dropOver the last 90 days, the stock has fallen 96% to €0.0001. The fair value is estimated to be €0.0021, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 55%. For the next 3 years, revenue is forecast to grow by 59% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.Buy Or Sell Opportunity • Aug 08Now 95% undervaluedOver the last 90 days, the stock has risen 100% to €0.0002. The fair value is estimated to be €0.004, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 55%. For the next 3 years, revenue is forecast to grow by 59% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.Buy Or Sell Opportunity • Jul 01Now 94% undervalued after recent price dropOver the last 90 days, the stock has fallen 32% to €0.0043. The fair value is estimated to be €0.069, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 55%. For the next 3 years, revenue is forecast to grow by 59% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.Buy Or Sell Opportunity • Jun 19Now 93% undervalued after recent price dropOver the last 90 days, the stock has fallen 98% to €0.0001. The fair value is estimated to be €0.0015, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 55%. For the next 3 years, revenue is forecast to grow by 59% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.New Risk • Jun 04New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 137% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr38m free cash flow). Share price has been highly volatile over the past 3 months (708% average daily change). Shareholders have been substantially diluted in the past year (137% increase in shares outstanding). Revenue is less than US$1m (kr2.1m revenue, or US$203k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr28m net loss in 3 years). Market cap is less than US$100m (€10.9m market cap, or US$11.8m).Buy Or Sell Opportunity • Jun 04Now 96% undervalued after recent price dropOver the last 90 days, the stock has fallen 97% to €0.0001. The fair value is estimated to be €0.0027, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 56%. For the next 3 years, revenue is forecast to grow by 59% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.Board Change • Jun 02Insufficient new 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. Independent Director Jim Wennerlid was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • May 10Svenska Aerogel Holding AB (publ), Annual General Meeting, Jun 18, 2024Svenska Aerogel Holding AB (publ), Annual General Meeting, Jun 18, 2024, at 10:00 W. Europe Standard Time. Location: in the teatersalen, elite grand hotel in gavle, kyrkogatan 28, 803 11 gavle, SwedenBuy Or Sell Opportunity • May 08Now 94% undervalued after recent price dropOver the last 90 days, the stock has fallen 96% to €0.0001. The fair value is estimated to be €0.0017, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 56%.Reported Earnings • May 05First quarter 2024 earnings released: kr0.01 loss per share (vs kr0.028 loss in 1Q 2023)First quarter 2024 results: kr0.01 loss per share. Net loss: kr11.2m (loss widened 1.7% from 1Q 2023). Revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany.Buy Or Sell Opportunity • Apr 19Now 94% undervaluedOver the last 90 days, the stock has risen 100% to €0.0002. The fair value is estimated to be €0.0032, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Earnings per share has grown by 55%.Buy Or Sell Opportunity • Apr 03Now 35% undervaluedOver the last 90 days, the stock has risen 5.0% to €0.0063. The fair value is estimated to be €0.0097, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Earnings per share has grown by 55%.Reported Earnings • Mar 20Full year 2023 earnings released: kr0.085 loss per share (vs kr0.15 loss in FY 2022)Full year 2023 results: kr0.085 loss per share. Net loss: kr44.1m (loss widened 9.5% from FY 2022). Revenue is forecast to grow 54% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Germany.Buy Or Sell Opportunity • Mar 19Now 47% undervalued after recent price dropOver the last 90 days, the stock has fallen 41% to €0.0036. The fair value is estimated to be €0.0068, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 74% over the last 3 years. Earnings per share has grown by 55%.Buy Or Sell Opportunity • Feb 27Now 55% undervalued after recent price dropOver the last 90 days, the stock has fallen 99% to €0.0001. The fair value is estimated to be €0.00022, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 74% over the last 3 years. Earnings per share has grown by 55%.Buy Or Sell Opportunity • Feb 08Now 51% undervalued after recent price dropOver the last 90 days, the stock has fallen 99% to €0.0001. The fair value is estimated to be €0.0002, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 74% over the last 3 years. Earnings per share has grown by 55%.Buy Or Sell Opportunity • Jan 21Now 38% undervalued after recent price dropOver the last 90 days, the stock has fallen 99% to €0.0001. The fair value is estimated to be €0.00016, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 74% over the last 3 years. Earnings per share has grown by 55%.Buying Opportunity • Jan 05Now 43% undervalued after recent price dropOver the last 90 days, the stock is down 80%. The fair value is estimated to be €0.0033, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 74% over the last 3 years. Earnings per share has grown by 55%.공시 • Dec 23Svenska Aerogel Holding AB (Publ) Introduces a New Key Customer in the Transport SegmentAs the year comes to a close, Svenska Aerogel is introducing a new key customer in the transport segment. The new key customer is a global, renowned supplier in the European automotive industry with substantial customer understanding and experience. Simultaneously, a key customer within the process industry has chosen Svenska Aerogel's solution over a competing technology.Reported Earnings • Nov 27Third quarter 2023 earnings released: kr0.021 loss per share (vs kr0.031 loss in 3Q 2022)Third quarter 2023 results: kr0.021 loss per share. Net loss: kr10.7m (loss widened 40% from 3Q 2022).Reported Earnings • Aug 31Second quarter 2023 earnings released: kr0.027 loss per share (vs kr0.047 loss in 2Q 2022)Second quarter 2023 results: kr0.027 loss per share. Revenue: kr292.0k (down 13% from 2Q 2022). Net loss: kr12.2m (loss widened 4.9% from 2Q 2022).공시 • Jul 12+ 1 more updateSvenska Aerogel Holding AB (Publ) Expands Testing to International WatersSvenska Aerogel's advanced technology for antifouling paint, has previously showcased remarkablele results in two independent static ocean tests carried out in Sweden. Now the company has expanded testing to international waters, as SeaQare is currently being tested in Florida, United States. The aim of this new test is to demonstrate the product's efficacy in a different geographical and environmental context. The ongoing ocean test in Florida utilizes the same method as the previous Swedish tests: static immersion testing. Static immersion testing exposes materials and coatings to biofouling in a seawater environment, using test panels mounted on PVC frames. The panels are studied and monitored over several months. They will also be compared with industry standards as well as coatings that are readily available on the US market. Before being shipped to the United States, the test panels were coated with antifouling paint containing SeaQare by Research Institutes of Sweden (RISE) in Bors. Two different paint formulations were used this time in addition to various optimized formulations of SeaQare. Once the panels arrived in the States in mid-May, they were immersed in Port Can several by experts from the Center for Corrosion and Biofouling Control, which is part of the Florida Institute of Technology. The panels will be inspected every two months until the test ends in September. The first evaluation is scheduled for mid-July. At the same time as the expanded testing of SeaQare, Svenska Aerogel continues with its patent application for the product. The company submitted a PCT application in July 2023.Reported Earnings • Feb 18Full year 2022 earnings released: kr0.10 loss per share (vs kr0.31 loss in FY 2021)Full year 2022 results: kr0.10 loss per share (improved from kr0.31 loss in FY 2021). Revenue: kr6.35m (up 255% from FY 2021). Net loss: kr40.3m (flat on FY 2021).Recent Insider Transactions • Dec 18Chief Executive Officer recently sold €164k worth of stockOn the 15th of December, Tor Norbakk sold around 2m shares on-market at roughly €0.067 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 Tor's only on-market trade for the last 12 months.공시 • Nov 03Svenska Aerogel Introduced Their New Product SeaqareSvenska Aerogel introduced their new product SeaQare, an innovative technology that can be used in antifouling paint to reduce copper release from leisure boats into seas. At that time, the company also presented independent testing of SeaQare from 2021 which had extraordinary results. Now results have come in from another test, carried out in 2022. The new independent testing also presents very good results, which confirms the positive effect of SeaQare. Between June - October 2022, SeaQare's™ effect has been tested once more by Research Institutes of Sweden (RISE). This year's testing was conducted during the same season as last year's testing. The aim of the new, static sea test was to repeat the extraordinary result from 2021 with a scaled-up production volume. Before the test started, antifouling paint containing SeaQare™ was applied on several PMMA panels. The formulation used in the test, which is the best suited for this type of paints, is rosin-based and contains only 1.35 % Cu (OH)2. The panels were then attached to an aluminum frame which was placed at the Kristineberg Center on the Swedish west coast. Throughout the test period, inspections were made to measure and document fouling, and the panels have been photographed regularly by RISE's experts. These experts have evaluated the panels using industrial standard CEPE20, where SeaQare's™ efficacy has been evaluated based on five different families of fouling organisms on a scale of 0 - 5.공시 • Sep 28Svenska Aerogel Holding AB (publ) to Launch New ProductSvenska Aerogel Holding AB (publ) announced that this month Svenska Aerogel participated in the International Antifouling Conference, organized by I-Tech and RISE in Gothenburg. At the conference, Pernilla Ståhle, Head of R&D at Svenska Aerogel, presented the company's new product SeaQareTM a sustainable technology that can be used in antifouling paints to reduce copper toxicity in seas. Independent product testing has presented extraordinary results. The new product SeaQareTM is based on amorphous, porous silica (Quartzene) which is hydrophilic and contains copper. SeaQareTM acts as a carrier of copper in antifouling paints, contributing to a controlled release of copper into the water. With the help of SeaQareTM, copper can be used more efficiently than in traditional antifouling paints, and unnecessary copper toxicity in oceans can be avoided. SeaQareTM was recently presented by Svenska Aerogel at the International Antifouling Conference where research, technology and the market were combined for two days. Svenska Aerogel's Head of R&D Pernilla Ståhle comments: The new product was well received; several important market players showed great interest in the lowest release rate they had ever seen. This means that SeaQareTM does not release more copper into the sea than is necessary to obtain the desired protection against fouling. Independent testing of SeaQare has presented extraordinary results SeaQare'sTM efficacy was tested by Research Institutes of Sweden (RISE) between June 2021 and October 2021. During the test, an antifouling paint containing SeaQare was also compared to commercial anti fouling paints on the market. The different antifouling paints were applied to PMMA panels. The panels were then randomly attached to an aluminium frame which was placed at the Kristineberg Center on the Swedish west coast. The first inspection of the panels was made after two months and the second was made after four months, at the end of the test. Fouling was documented at both inspections. The results showed that the paint containing SeaQareTM released significantly less and more even copper levels than the other paints. The competing paints caused a large release of copper (a burst-out) at the beginning of the test, which later decreased to a steady state level. SeaQareTM showed an initial release which was one-tenth as large as the normal release of antifouling paints after a week of testing. The sea test is currently being repeated on the Swedish west coast. In addition, continued testing with SeaQareTM will be conducted in North American waters in 2023. Product samples will be available for distribution to customers in November 2022.공시 • Sep 23Svenska Aerogel Holding AB (Publ) Announces Executive ChangesSvenska Aerogel Holding AB (publ) announced that Elin Lovén will take up the position as Chief Financial Officer (CFO). Elin will replace Olof Esgård and will join Svenska Aerogel latest January 2023. She is a senior executive with a vast CFO experience and finance reporting experience from companies such as Sandvik Mining & Rock Technology, Duro Sweden AB and Grant Thornton. Elin has a Bachelor of Science in Business Administration with a specialization in financial management from Western California University. With a broad experience in economics and financial management from positions within listed companies, she will play an important role in for Svenska Aerogels future development.Reported Earnings • Aug 19Second quarter 2022 earnings released: kr0.047 loss per share (vs kr0.09 loss in 2Q 2021)Second quarter 2022 results: kr0.047 loss per share. Net loss: kr11.6m (loss widened 4.1% from 2Q 2021).Board Change • Jul 31High number of new directorsIndependent Director Petra Einarsson was the last director to join the board, commencing their role in 2021.Reported Earnings • Apr 28First quarter 2022 earnings released: kr0.053 loss per share (vs kr0.082 loss in 1Q 2021)First quarter 2022 results: kr0.053 loss per share. Net loss: kr10.8m (loss widened 15% from 1Q 2021).Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director Marten Hellberg is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공시 • Mar 03Svenska Aerogel Holding AB Announces Sales Director ChangesSvenska Aerogel Holding AB appointed Joakim Wanner as Sales Director. Joakim Wanner takes over from Marco Mayor who continues in his own business. Joakim Wanner joins the management team at Svenska Aerogel with responsibility for continuing to drive sales of Quartzene in close collaboration with the company's distributors globally. Joakim Wanner latest assignment was at Wacker Kemi AB, where he was responsible for the Industrial solutions area within Wacker's silicone division, in the Nordic and Baltic countries, as well as handling major international customers.Reported Earnings • Feb 17Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: kr0.31 loss per share (up from kr0.52 loss in FY 2020). Net loss: kr40.6m (loss widened 8.5% from FY 2020). Revenue missed analyst estimates by 32%.Reported Earnings • Nov 20Third quarter 2021 earnings released: kr0.062 loss per share (vs kr0.11 loss in 3Q 2020)Third quarter 2021 results: Net loss: kr8.54m (flat on 3Q 2020).Reported Earnings • Aug 28Second quarter 2021 earnings released: kr0.09 loss per share (vs kr0.13 loss in 2Q 2020)Second quarter 2021 results: Net loss: kr11.2m (loss widened 9.8% from 2Q 2020).Reported Earnings • May 10First quarter 2021 earnings released: kr0.082 loss per share (vs kr0.18 loss in 1Q 2020)First quarter 2021 results: Net loss: kr9.43m (flat on 1Q 2020).공시 • Mar 17+ 1 more updateAngelica Adamski and Erik Olsson, Board Members of Svenska Aerogel Holding AB (publ) Decline Re-ElectionAhead of the Annual General Meeting on May 28, 2021, the Nomination Committee of Svenska Aerogel Holding AB (publ) proposes that the Board continue to consist of five members. Board members Angelica Adamski and Erik Olsson have declined re-election.공시 • Jan 28Svenska Aerogel Holding AB Appoints Pernilla Ståhle as Head of DevelopmentSvenska Aerogel has recruited Pernilla Ståhle as Head of Develoment. She will be responsible for the development activities and application support to global customers developing new products with Quartzene. Pernilla will start in the new position March 1. Pernilla has a broad experience in leading industrial product development from pulp & paper, paint & coatings, packaging, and food industry. Pernilla Ståhles previous positions incudes Director Product Management & Development at BillerudKorsnäs and Tikkurila (Alcro-Beckers). Svenska Aerogel has enormous market potential and is in a very interesting expansive phase. Pernilla Ståhle will join Svenska Aerogel on Mach 1, 2021.공시 • Dec 01Svenska Aerogel Receives Orders for 1 Tonne from Rayoung in Asia and Another 1.2 Tonnes from French Distributor NovcoatSvenska Aerogel has received orders for 1 tonne from Rayoung in Asia and another 1.2 tonnes from French distributor Novcoat. This together with other orders in November means that Svenska Aerogel hits sales record. November is the best month ever for Svenska Aerogel with a total order volume of approximately 2.5 tonnes of Quartzene, value of approximately SEK 680,000. The orders come from Rayoung and Novcoat, using Quartzene for thermal insulating paint and coatings. Rayoung Chemtech Inc. Rayoung's new product, T-RayX APA1401, is a heat-insulating paint for use in industry and construction. It provides good thermal insulating effect for applications up to 275°C. Rayoung is responsible for distribution and marketing in Southeast Asia from Taiwan and through the subsidiary in China. Svenska Aerogel and Rayoung will jointly explore the possibility of launching the product in Europe. Novcoat is a distributor for Quartzene in Europe and has in its network manufacturers of thermal insulating paint and coating products, including La Celtique, which has developed a new insulating roof paint with Quartzene approaching the market.Reported Earnings • Nov 22Third quarter 2020 earnings released: kr0.11 loss per shareThird quarter 2020 results: Net loss: kr8.59m (loss widened 8.5% from 3Q 2019).공시 • Oct 04Svenska Aerogel Holding AB (Publ) Cooperates with La Celtique and NovcoatLa Celtique has in pioneering cooperation with Svenska Aerogel and Novcoat developed a new insusulating roof coating with Quartzene, now approaching market. This thermal insulating coating is their first readymade product with Quartzene®, evaluated through CSTB (Centre Scientifique et Technique du Bâtiment), certifying that the product meets all requirements. Thermal insulating roof coating products with Quartzene® combine reflection and insulation to lower the temperature indoors during hot days. This can reduce the use of air conditioning and meets the increased demands in Europe for improvements in energy performance for buildings.공시 • Sep 18Svenska Aerogel Holding AB (publ) Receives First Order for Quartzene Produced with the New Production Technology from Barozzi VerniciSvenska Aerogel Holding AB (publ) announced that the first order for Quartzene produced with the new production technology was received from Barozzi Vernici, using Quartzene for insulating plasters. Very positive feedback from customers who have had the opportunity to evaluate Quartzene manufactured with its new technology. The material is easier to handle and allows a higher degree of addition levels, which further increases the insulation effect in the final product. The product Thermo-Line® won an innovation competition in the Netherlands in 2019 aiming for innovative, energy-efficient solutions for properties. Svenska Aerogel participated together with Barozzi Vernici and Vesta Chemicals, Svenska Aerogel's distributor in the Netherlands. A project started in connection with the prominent victory where Thermo-Line with Quartzene is used in a pilot project on existing buildings. Thermal insulating plasters and paints are well suited for application to existing buildings with insulation needs and Quartzene is a crucial additive. Insulating paint and coatings for energy saving in buildings is a priority segment for Svenska Aerogel. The new technology in the factory in Gävle makes it possible to control the particle size in a repeatable way, which enables customers to increase the amount of Quartzene in their products for better performance while at the same time ensuring a more efficient mixing procedure. The material is less dusty, which is important both for the work environment at Svenska Aerogel and in the customers' manufacturing processes. The choice of a global supplier is strategic for future expansion of manufacturing modules in relevant markets.이익 및 매출 성장 예측DB:5L80 - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202833-21-248-243112/31/202716-26-251-246112/31/20267-29-263-25913/31/20264-31-30-29N/A12/31/20255-32-26-26N/A9/30/20255-32-24-24N/A6/30/20254-34-28-28N/A3/31/20253-32-20-20N/A12/31/20243-34-28-28N/A9/30/20243-37-31-31N/A6/30/20242-38-30-30N/A3/31/20242-44-38-38N/A12/31/20233-44-38-38N/A9/30/20235-44-45-44N/A6/30/20237-41-38-36N/A3/31/20237-40-40-38N/A12/31/20226-40-41-37N/A9/30/20224-42-33-28N/A6/30/20222-43-39-35N/A3/31/20222-42-34-30N/A12/31/20212-41-34-31N/A9/30/20212-38-36-34N/A6/30/20211-38-36-33N/A3/31/20211-37-41-33N/A12/31/20201-37-43-32N/A9/30/20200-37-50-26N/A6/30/20201-36-54-26N/A3/31/20201-37-54-28N/A12/31/20191-36N/A-26N/A9/30/20192-35N/A-31N/A6/30/20192-33N/A-28N/A3/31/20192-31N/A-25N/A12/31/20182-29N/A-22N/A9/30/20180-27N/A-22N/A6/30/20181-22N/A-16N/A3/31/20181-18N/A-15N/A12/31/20172-17N/A-14N/A9/30/20172-17N/A-13N/A6/30/20172-20N/A-17N/A3/31/20173-15N/A-13N/A12/31/20163-13N/A-9N/A12/31/20153-5N/A-3N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 5L80 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 vs 시장: 5L80 향후 3년 동안 수익성이 없을 것으로 예상됩니다.고성장 수익: 5L80 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 대 시장: 5L80 의 수익(연간 54.7%)이 German 시장(연간 6.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 5L80 의 수익(연간 54.7%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 5L80는 3년 뒤에도 수익성이 없을 것으로 전망됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/27 13:11종가2026/05/27 00:00수익2026/03/31연간 수익2025/12/31데이터 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 소스Svenska Aerogel Holding AB (publ)는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Markus AugustssonCarlsquare ABMats HyttingeCarlsquare ABChristopher SolbakkeCarlsquare AB
공시 • Apr 25Svenska Aerogel Holding AB (publ), Annual General Meeting, May 27, 2026Svenska Aerogel Holding AB (publ), Annual General Meeting, May 27, 2026, at 10:00 W. Europe Standard Time. Location: writing & reading room, elite grand hotel in gavle, kyrkogatan 28, 803 11, gavle Sweden
공시 • Oct 07+ 5 more updatesSvenska Aerogel Holding AB (publ) to Report Q3, 2025 Results on Oct 24, 2025Svenska Aerogel Holding AB (publ) announced that they will report Q3, 2025 results on Oct 24, 2025
공시 • Aug 07Svenska Aerogel Holding AB (Publ) Appoints Henrik Andersson as Chief Financial Officer, Effective September 1, 2025Svenska Aerogel Holding AB (publ) has nominated Henrik Andersson as Chief Financial Officer (CFO), effective September 1, 2025. He has extensive experience in the field, including serving as Group and Business Controller at international industrial companies. Henrik holds a Master's Degree in Business Administration and has extensive experience in the field. He has served as Group and Business Controller at companies such as IPCO Sweden AB and Sandvik Coromant.
공시 • Jun 24Svenska Aerogel Holding AB (Publ) Announces Resignation of Elin Lovén as Chief Financial OfficerSvenska Aerogel announced that the Company's Chief Financial Officer, Elin Lovén, has informed the Company of her decision to leave her position to pursue a new opportunity. Elin Lovén has served as CFO since 2022 and plans to remain in her role through the end of December 2025 to ensure a smooth transition.
공시 • Apr 24Svenska Aerogel Holding AB (publ), Annual General Meeting, May 27, 2025Svenska Aerogel Holding AB (publ), Annual General Meeting, May 27, 2025, at 10:00 W. Europe Standard Time. Location: in the theatre hall, elite grand hotel, gavle, kyrkogatan 28, 803 11 gavle. Sweden
공시 • Mar 26Svenska Aerogel Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 24.583127 million.Svenska Aerogel Holding AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 24.583127 million. Security Name: Shares Security Type: Common Stock Securities Offered: 10,925,834 Price\Range: SEK 2.25 Transaction Features: Rights Offering
공시 • Feb 28Svenska Aerogel Holding AB (publ) to Report Fiscal Year 2024 Results on Feb 27, 2025Svenska Aerogel Holding AB (publ) announced that they will report fiscal year 2024 results on Feb 27, 2025
공시 • Feb 27Svenska Aerogel Holding AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 42.753267 million.Svenska Aerogel Holding AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 42.753267 million. Security Name: Shares Security Type: Common Stock Securities Offered: 19,001,452 Price\Range: SEK 2.25 Transaction Features: Rights Offering
Buy Or Sell Opportunity • Nov 09Now 97% undervaluedThe stock has been flat over the last 90 days, currently trading at €0.0001. The fair value is estimated to be €0.0034, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 61% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.
Buy Or Sell Opportunity • Oct 24Now 96% undervalued after recent price dropOver the last 90 days, the stock has fallen 92% to €0.0001. The fair value is estimated to be €0.0026, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 61% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.
Buy Or Sell Opportunity • Oct 04Now 96% undervalued after recent price dropOver the last 90 days, the stock has fallen 98% to €0.0001. The fair value is estimated to be €0.0027, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 61% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.
New Risk • Oct 01New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.93m (US$9.94m) 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 (-kr30m free cash flow). Share price has been highly volatile over the past 3 months (2,856% average daily change). Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Revenue is less than US$1m (kr2.4m revenue, or US$233k). Market cap is less than US$10m (€8.93m market cap, or US$9.94m). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (kr23m net loss in 3 years).
Buy Or Sell Opportunity • Sep 18Now 96% undervaluedThe stock has been flat over the last 90 days, currently trading at €0.0001. The fair value is estimated to be €0.0023, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 61% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.
공시 • Sep 05Svenska Aerogel Holding AB (publ) to Launch Quartzene®? Z-Slurry ProductSvenska Aerogel announced the launch of their latest product, Quartzene Z-Slurry. This aqueous aerogel suspension is easily processed and pumpable, enhancing thermal insulation, improving fire safety, and reducing the weight of end products. It offers significant advantages for paint manufacturers as well as producers of fibrous products. Quartzene Z-Slurry is now available for purchase across Europe. Quartzene Z-Slur is a low-viscosity, aqueous aerogel suspended, featuring amorphous hydrophilic silica. The product ensures fast, dust-free incorporation, making it ideal for waterborne manufacturing processes such as the production of paints, coatings, and technical textiles and papers. Designed to facilitate downstream processing in factory settings, Quartzene Z- Slurry improves efficiency and reduces operational complexities. Summary of key features and benefits. Waterborne pumpable hydrophilic aerogel slurry: Quartzene Z-Slurry's low-viscosity nature ensures easy processing and pumpability, facilitating seamless integration into existing manufacturing workflows. No dusting: The suspension's formulation eliminates dusting, promoting a cleaner and safer working environment. Enhanced thermal insulation: With low thermal conductivity, Quartzene Z-Slur enhances the thermal insulation properties of end products, contributing to energy efficiency and sustainability. Improved fire safety: The aerogel suspension's inherent properties improve fire safety. Lightweight solution: By reducing the weight of products, Quartzene Z-SlUR offers manufacturers the ability to create lighter, more efficient end products.
Reported Earnings • Aug 30Second quarter 2024 earnings released: kr0.007 loss per share (vs kr0.027 loss in 2Q 2023)Second quarter 2024 results: kr0.007 loss per share (improved from kr0.027 loss in 2Q 2023). Net loss: kr6.24m (loss narrowed 49% from 2Q 2023). Revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany.
Buy Or Sell Opportunity • Aug 29Now 95% undervalued after recent price dropOver the last 90 days, the stock has fallen 96% to €0.0001. The fair value is estimated to be €0.0021, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 55%. For the next 3 years, revenue is forecast to grow by 59% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.
Buy Or Sell Opportunity • Aug 08Now 95% undervaluedOver the last 90 days, the stock has risen 100% to €0.0002. The fair value is estimated to be €0.004, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 55%. For the next 3 years, revenue is forecast to grow by 59% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.
Buy Or Sell Opportunity • Jul 01Now 94% undervalued after recent price dropOver the last 90 days, the stock has fallen 32% to €0.0043. The fair value is estimated to be €0.069, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 55%. For the next 3 years, revenue is forecast to grow by 59% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.
Buy Or Sell Opportunity • Jun 19Now 93% undervalued after recent price dropOver the last 90 days, the stock has fallen 98% to €0.0001. The fair value is estimated to be €0.0015, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 55%. For the next 3 years, revenue is forecast to grow by 59% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.
New Risk • Jun 04New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 137% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr38m free cash flow). Share price has been highly volatile over the past 3 months (708% average daily change). Shareholders have been substantially diluted in the past year (137% increase in shares outstanding). Revenue is less than US$1m (kr2.1m revenue, or US$203k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr28m net loss in 3 years). Market cap is less than US$100m (€10.9m market cap, or US$11.8m).
Buy Or Sell Opportunity • Jun 04Now 96% undervalued after recent price dropOver the last 90 days, the stock has fallen 97% to €0.0001. The fair value is estimated to be €0.0027, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 56%. For the next 3 years, revenue is forecast to grow by 59% per annum. Earnings are also forecast to grow by 38% per annum over the same time period.
Board Change • Jun 02Insufficient new 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. Independent Director Jim Wennerlid was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • May 10Svenska Aerogel Holding AB (publ), Annual General Meeting, Jun 18, 2024Svenska Aerogel Holding AB (publ), Annual General Meeting, Jun 18, 2024, at 10:00 W. Europe Standard Time. Location: in the teatersalen, elite grand hotel in gavle, kyrkogatan 28, 803 11 gavle, Sweden
Buy Or Sell Opportunity • May 08Now 94% undervalued after recent price dropOver the last 90 days, the stock has fallen 96% to €0.0001. The fair value is estimated to be €0.0017, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 56%.
Reported Earnings • May 05First quarter 2024 earnings released: kr0.01 loss per share (vs kr0.028 loss in 1Q 2023)First quarter 2024 results: kr0.01 loss per share. Net loss: kr11.2m (loss widened 1.7% from 1Q 2023). Revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany.
Buy Or Sell Opportunity • Apr 19Now 94% undervaluedOver the last 90 days, the stock has risen 100% to €0.0002. The fair value is estimated to be €0.0032, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Earnings per share has grown by 55%.
Buy Or Sell Opportunity • Apr 03Now 35% undervaluedOver the last 90 days, the stock has risen 5.0% to €0.0063. The fair value is estimated to be €0.0097, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Earnings per share has grown by 55%.
Reported Earnings • Mar 20Full year 2023 earnings released: kr0.085 loss per share (vs kr0.15 loss in FY 2022)Full year 2023 results: kr0.085 loss per share. Net loss: kr44.1m (loss widened 9.5% from FY 2022). Revenue is forecast to grow 54% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Germany.
Buy Or Sell Opportunity • Mar 19Now 47% undervalued after recent price dropOver the last 90 days, the stock has fallen 41% to €0.0036. The fair value is estimated to be €0.0068, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 74% over the last 3 years. Earnings per share has grown by 55%.
Buy Or Sell Opportunity • Feb 27Now 55% undervalued after recent price dropOver the last 90 days, the stock has fallen 99% to €0.0001. The fair value is estimated to be €0.00022, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 74% over the last 3 years. Earnings per share has grown by 55%.
Buy Or Sell Opportunity • Feb 08Now 51% undervalued after recent price dropOver the last 90 days, the stock has fallen 99% to €0.0001. The fair value is estimated to be €0.0002, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 74% over the last 3 years. Earnings per share has grown by 55%.
Buy Or Sell Opportunity • Jan 21Now 38% undervalued after recent price dropOver the last 90 days, the stock has fallen 99% to €0.0001. The fair value is estimated to be €0.00016, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 74% over the last 3 years. Earnings per share has grown by 55%.
Buying Opportunity • Jan 05Now 43% undervalued after recent price dropOver the last 90 days, the stock is down 80%. The fair value is estimated to be €0.0033, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 74% over the last 3 years. Earnings per share has grown by 55%.
공시 • Dec 23Svenska Aerogel Holding AB (Publ) Introduces a New Key Customer in the Transport SegmentAs the year comes to a close, Svenska Aerogel is introducing a new key customer in the transport segment. The new key customer is a global, renowned supplier in the European automotive industry with substantial customer understanding and experience. Simultaneously, a key customer within the process industry has chosen Svenska Aerogel's solution over a competing technology.
Reported Earnings • Nov 27Third quarter 2023 earnings released: kr0.021 loss per share (vs kr0.031 loss in 3Q 2022)Third quarter 2023 results: kr0.021 loss per share. Net loss: kr10.7m (loss widened 40% from 3Q 2022).
Reported Earnings • Aug 31Second quarter 2023 earnings released: kr0.027 loss per share (vs kr0.047 loss in 2Q 2022)Second quarter 2023 results: kr0.027 loss per share. Revenue: kr292.0k (down 13% from 2Q 2022). Net loss: kr12.2m (loss widened 4.9% from 2Q 2022).
공시 • Jul 12+ 1 more updateSvenska Aerogel Holding AB (Publ) Expands Testing to International WatersSvenska Aerogel's advanced technology for antifouling paint, has previously showcased remarkablele results in two independent static ocean tests carried out in Sweden. Now the company has expanded testing to international waters, as SeaQare is currently being tested in Florida, United States. The aim of this new test is to demonstrate the product's efficacy in a different geographical and environmental context. The ongoing ocean test in Florida utilizes the same method as the previous Swedish tests: static immersion testing. Static immersion testing exposes materials and coatings to biofouling in a seawater environment, using test panels mounted on PVC frames. The panels are studied and monitored over several months. They will also be compared with industry standards as well as coatings that are readily available on the US market. Before being shipped to the United States, the test panels were coated with antifouling paint containing SeaQare by Research Institutes of Sweden (RISE) in Bors. Two different paint formulations were used this time in addition to various optimized formulations of SeaQare. Once the panels arrived in the States in mid-May, they were immersed in Port Can several by experts from the Center for Corrosion and Biofouling Control, which is part of the Florida Institute of Technology. The panels will be inspected every two months until the test ends in September. The first evaluation is scheduled for mid-July. At the same time as the expanded testing of SeaQare, Svenska Aerogel continues with its patent application for the product. The company submitted a PCT application in July 2023.
Reported Earnings • Feb 18Full year 2022 earnings released: kr0.10 loss per share (vs kr0.31 loss in FY 2021)Full year 2022 results: kr0.10 loss per share (improved from kr0.31 loss in FY 2021). Revenue: kr6.35m (up 255% from FY 2021). Net loss: kr40.3m (flat on FY 2021).
Recent Insider Transactions • Dec 18Chief Executive Officer recently sold €164k worth of stockOn the 15th of December, Tor Norbakk sold around 2m shares on-market at roughly €0.067 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 Tor's only on-market trade for the last 12 months.
공시 • Nov 03Svenska Aerogel Introduced Their New Product SeaqareSvenska Aerogel introduced their new product SeaQare, an innovative technology that can be used in antifouling paint to reduce copper release from leisure boats into seas. At that time, the company also presented independent testing of SeaQare from 2021 which had extraordinary results. Now results have come in from another test, carried out in 2022. The new independent testing also presents very good results, which confirms the positive effect of SeaQare. Between June - October 2022, SeaQare's™ effect has been tested once more by Research Institutes of Sweden (RISE). This year's testing was conducted during the same season as last year's testing. The aim of the new, static sea test was to repeat the extraordinary result from 2021 with a scaled-up production volume. Before the test started, antifouling paint containing SeaQare™ was applied on several PMMA panels. The formulation used in the test, which is the best suited for this type of paints, is rosin-based and contains only 1.35 % Cu (OH)2. The panels were then attached to an aluminum frame which was placed at the Kristineberg Center on the Swedish west coast. Throughout the test period, inspections were made to measure and document fouling, and the panels have been photographed regularly by RISE's experts. These experts have evaluated the panels using industrial standard CEPE20, where SeaQare's™ efficacy has been evaluated based on five different families of fouling organisms on a scale of 0 - 5.
공시 • Sep 28Svenska Aerogel Holding AB (publ) to Launch New ProductSvenska Aerogel Holding AB (publ) announced that this month Svenska Aerogel participated in the International Antifouling Conference, organized by I-Tech and RISE in Gothenburg. At the conference, Pernilla Ståhle, Head of R&D at Svenska Aerogel, presented the company's new product SeaQareTM a sustainable technology that can be used in antifouling paints to reduce copper toxicity in seas. Independent product testing has presented extraordinary results. The new product SeaQareTM is based on amorphous, porous silica (Quartzene) which is hydrophilic and contains copper. SeaQareTM acts as a carrier of copper in antifouling paints, contributing to a controlled release of copper into the water. With the help of SeaQareTM, copper can be used more efficiently than in traditional antifouling paints, and unnecessary copper toxicity in oceans can be avoided. SeaQareTM was recently presented by Svenska Aerogel at the International Antifouling Conference where research, technology and the market were combined for two days. Svenska Aerogel's Head of R&D Pernilla Ståhle comments: The new product was well received; several important market players showed great interest in the lowest release rate they had ever seen. This means that SeaQareTM does not release more copper into the sea than is necessary to obtain the desired protection against fouling. Independent testing of SeaQare has presented extraordinary results SeaQare'sTM efficacy was tested by Research Institutes of Sweden (RISE) between June 2021 and October 2021. During the test, an antifouling paint containing SeaQare was also compared to commercial anti fouling paints on the market. The different antifouling paints were applied to PMMA panels. The panels were then randomly attached to an aluminium frame which was placed at the Kristineberg Center on the Swedish west coast. The first inspection of the panels was made after two months and the second was made after four months, at the end of the test. Fouling was documented at both inspections. The results showed that the paint containing SeaQareTM released significantly less and more even copper levels than the other paints. The competing paints caused a large release of copper (a burst-out) at the beginning of the test, which later decreased to a steady state level. SeaQareTM showed an initial release which was one-tenth as large as the normal release of antifouling paints after a week of testing. The sea test is currently being repeated on the Swedish west coast. In addition, continued testing with SeaQareTM will be conducted in North American waters in 2023. Product samples will be available for distribution to customers in November 2022.
공시 • Sep 23Svenska Aerogel Holding AB (Publ) Announces Executive ChangesSvenska Aerogel Holding AB (publ) announced that Elin Lovén will take up the position as Chief Financial Officer (CFO). Elin will replace Olof Esgård and will join Svenska Aerogel latest January 2023. She is a senior executive with a vast CFO experience and finance reporting experience from companies such as Sandvik Mining & Rock Technology, Duro Sweden AB and Grant Thornton. Elin has a Bachelor of Science in Business Administration with a specialization in financial management from Western California University. With a broad experience in economics and financial management from positions within listed companies, she will play an important role in for Svenska Aerogels future development.
Reported Earnings • Aug 19Second quarter 2022 earnings released: kr0.047 loss per share (vs kr0.09 loss in 2Q 2021)Second quarter 2022 results: kr0.047 loss per share. Net loss: kr11.6m (loss widened 4.1% from 2Q 2021).
Board Change • Jul 31High number of new directorsIndependent Director Petra Einarsson was the last director to join the board, commencing their role in 2021.
Reported Earnings • Apr 28First quarter 2022 earnings released: kr0.053 loss per share (vs kr0.082 loss in 1Q 2021)First quarter 2022 results: kr0.053 loss per share. Net loss: kr10.8m (loss widened 15% from 1Q 2021).
Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director Marten Hellberg is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공시 • Mar 03Svenska Aerogel Holding AB Announces Sales Director ChangesSvenska Aerogel Holding AB appointed Joakim Wanner as Sales Director. Joakim Wanner takes over from Marco Mayor who continues in his own business. Joakim Wanner joins the management team at Svenska Aerogel with responsibility for continuing to drive sales of Quartzene in close collaboration with the company's distributors globally. Joakim Wanner latest assignment was at Wacker Kemi AB, where he was responsible for the Industrial solutions area within Wacker's silicone division, in the Nordic and Baltic countries, as well as handling major international customers.
Reported Earnings • Feb 17Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: kr0.31 loss per share (up from kr0.52 loss in FY 2020). Net loss: kr40.6m (loss widened 8.5% from FY 2020). Revenue missed analyst estimates by 32%.
Reported Earnings • Nov 20Third quarter 2021 earnings released: kr0.062 loss per share (vs kr0.11 loss in 3Q 2020)Third quarter 2021 results: Net loss: kr8.54m (flat on 3Q 2020).
Reported Earnings • Aug 28Second quarter 2021 earnings released: kr0.09 loss per share (vs kr0.13 loss in 2Q 2020)Second quarter 2021 results: Net loss: kr11.2m (loss widened 9.8% from 2Q 2020).
Reported Earnings • May 10First quarter 2021 earnings released: kr0.082 loss per share (vs kr0.18 loss in 1Q 2020)First quarter 2021 results: Net loss: kr9.43m (flat on 1Q 2020).
공시 • Mar 17+ 1 more updateAngelica Adamski and Erik Olsson, Board Members of Svenska Aerogel Holding AB (publ) Decline Re-ElectionAhead of the Annual General Meeting on May 28, 2021, the Nomination Committee of Svenska Aerogel Holding AB (publ) proposes that the Board continue to consist of five members. Board members Angelica Adamski and Erik Olsson have declined re-election.
공시 • Jan 28Svenska Aerogel Holding AB Appoints Pernilla Ståhle as Head of DevelopmentSvenska Aerogel has recruited Pernilla Ståhle as Head of Develoment. She will be responsible for the development activities and application support to global customers developing new products with Quartzene. Pernilla will start in the new position March 1. Pernilla has a broad experience in leading industrial product development from pulp & paper, paint & coatings, packaging, and food industry. Pernilla Ståhles previous positions incudes Director Product Management & Development at BillerudKorsnäs and Tikkurila (Alcro-Beckers). Svenska Aerogel has enormous market potential and is in a very interesting expansive phase. Pernilla Ståhle will join Svenska Aerogel on Mach 1, 2021.
공시 • Dec 01Svenska Aerogel Receives Orders for 1 Tonne from Rayoung in Asia and Another 1.2 Tonnes from French Distributor NovcoatSvenska Aerogel has received orders for 1 tonne from Rayoung in Asia and another 1.2 tonnes from French distributor Novcoat. This together with other orders in November means that Svenska Aerogel hits sales record. November is the best month ever for Svenska Aerogel with a total order volume of approximately 2.5 tonnes of Quartzene, value of approximately SEK 680,000. The orders come from Rayoung and Novcoat, using Quartzene for thermal insulating paint and coatings. Rayoung Chemtech Inc. Rayoung's new product, T-RayX APA1401, is a heat-insulating paint for use in industry and construction. It provides good thermal insulating effect for applications up to 275°C. Rayoung is responsible for distribution and marketing in Southeast Asia from Taiwan and through the subsidiary in China. Svenska Aerogel and Rayoung will jointly explore the possibility of launching the product in Europe. Novcoat is a distributor for Quartzene in Europe and has in its network manufacturers of thermal insulating paint and coating products, including La Celtique, which has developed a new insulating roof paint with Quartzene approaching the market.
Reported Earnings • Nov 22Third quarter 2020 earnings released: kr0.11 loss per shareThird quarter 2020 results: Net loss: kr8.59m (loss widened 8.5% from 3Q 2019).
공시 • Oct 04Svenska Aerogel Holding AB (Publ) Cooperates with La Celtique and NovcoatLa Celtique has in pioneering cooperation with Svenska Aerogel and Novcoat developed a new insusulating roof coating with Quartzene, now approaching market. This thermal insulating coating is their first readymade product with Quartzene®, evaluated through CSTB (Centre Scientifique et Technique du Bâtiment), certifying that the product meets all requirements. Thermal insulating roof coating products with Quartzene® combine reflection and insulation to lower the temperature indoors during hot days. This can reduce the use of air conditioning and meets the increased demands in Europe for improvements in energy performance for buildings.
공시 • Sep 18Svenska Aerogel Holding AB (publ) Receives First Order for Quartzene Produced with the New Production Technology from Barozzi VerniciSvenska Aerogel Holding AB (publ) announced that the first order for Quartzene produced with the new production technology was received from Barozzi Vernici, using Quartzene for insulating plasters. Very positive feedback from customers who have had the opportunity to evaluate Quartzene manufactured with its new technology. The material is easier to handle and allows a higher degree of addition levels, which further increases the insulation effect in the final product. The product Thermo-Line® won an innovation competition in the Netherlands in 2019 aiming for innovative, energy-efficient solutions for properties. Svenska Aerogel participated together with Barozzi Vernici and Vesta Chemicals, Svenska Aerogel's distributor in the Netherlands. A project started in connection with the prominent victory where Thermo-Line with Quartzene is used in a pilot project on existing buildings. Thermal insulating plasters and paints are well suited for application to existing buildings with insulation needs and Quartzene is a crucial additive. Insulating paint and coatings for energy saving in buildings is a priority segment for Svenska Aerogel. The new technology in the factory in Gävle makes it possible to control the particle size in a repeatable way, which enables customers to increase the amount of Quartzene in their products for better performance while at the same time ensuring a more efficient mixing procedure. The material is less dusty, which is important both for the work environment at Svenska Aerogel and in the customers' manufacturing processes. The choice of a global supplier is strategic for future expansion of manufacturing modules in relevant markets.