Declared Dividend • May 20
Dividend of kr0.20 announced Shareholders will receive a dividend of kr0.20. Ex-date: 28th May 2026 Payment date: 10th June 2026 Dividend yield will be 34%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 54% over the next year, which should provide support to the dividend and adequate earnings cover. 공시 • Feb 14
Itera ASA Proposes Ordinary Dividend The Board of Itera ASA intends to propose an ordinary dividend of NOK0.20 per share at the AGM on 27 May 2026 and will seek authorisation for a potential supplementary dividend. It also authorised a share repurchase programme. 공시 • Dec 17
Itera ASA, Annual General Meeting, May 25, 2027 Itera ASA, Annual General Meeting, May 25, 2027. 공시 • Dec 13
Itera ASA, Annual General Meeting, May 27, 2026 Itera ASA, Annual General Meeting, May 27, 2026. Declared Dividend • Nov 11
Dividend of kr0.20 announced Shareholders will receive a dividend of kr0.20. Ex-date: 12th November 2024 Payment date: 6th December 2024 Dividend yield will be 30%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 77% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 10
Third quarter 2024 earnings released: kr0.01 loss per share (vs kr0.072 profit in 3Q 2023) Third quarter 2024 results: kr0.01 loss per share (down from kr0.072 profit in 3Q 2023). Revenue: kr184.2m (down 5.0% from 3Q 2023). Net loss: kr877.0k (down 115% from profit in 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in Germany. 공시 • Nov 08
Itera ASA Announces Cash Dividend, Payable on December 6, 2024 Itera ASA announced a cash dividend of NOK 0.20 per share. Ex-date is on 12 November 2024 and the record date is on 13 November 2024. The payment date is on 6 December 2024. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: kr0.20 (vs kr0.18 in 2Q 2023) Second quarter 2024 results: EPS: kr0.20 (up from kr0.18 in 2Q 2023). Revenue: kr224.1m (flat on 2Q 2023). Net income: kr16.2m (up 9.4% from 2Q 2023). Profit margin: 7.2% (up from 6.6% in 2Q 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Germany. Upcoming Dividend • May 16
Upcoming dividend of kr0.40 per share Eligible shareholders must have bought the stock before 23 May 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.3%). Reported Earnings • May 04
First quarter 2024 earnings released: EPS: kr0.17 (vs kr0.30 in 1Q 2023) First quarter 2024 results: EPS: kr0.17 (down from kr0.30 in 1Q 2023). Revenue: kr228.5m (flat on 1Q 2023). Net income: kr13.9m (down 43% from 1Q 2023). Profit margin: 6.1% (down from 11% in 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the IT industry in Germany. Declared Dividend • Apr 29
Final dividend of kr0.40 announced Shareholders will receive a dividend of kr0.40. Ex-date: 23rd May 2024 Payment date: 7th June 2024 Dividend yield will be 43%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • Apr 26
Itera ASA Announces Cash Dividend, Payable on 7 June 2024 Itera ASA announced a cash dividend of NOK 0.40 per share. Ex-date is on 23 May 2024 and the record date is on 24 May 2024. The payment date is on 7 June 2024. Reported Earnings • Feb 18
Full year 2023 earnings released: EPS: kr0.70 (vs kr0.76 in FY 2022) Full year 2023 results: EPS: kr0.70 (down from kr0.76 in FY 2022). Revenue: kr871.6m (up 18% from FY 2022). Net income: kr56.7m (down 7.7% from FY 2022). Profit margin: 6.5% (down from 8.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the IT industry in Germany. New Risk • Nov 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€78.4m market cap, or US$83.7m). Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: kr0.07 (vs kr0.099 in 3Q 2022) Third quarter 2023 results: EPS: kr0.07 (down from kr0.099 in 3Q 2022). Revenue: kr193.9m (up 14% from 3Q 2022). Net income: kr5.84m (down 27% from 3Q 2022). Profit margin: 3.0% (down from 4.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the IT industry in Germany. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: kr0.18 (vs kr0.20 in 2Q 2022) Second quarter 2023 results: EPS: kr0.18 (down from kr0.20 in 2Q 2022). Revenue: kr225.2m (up 23% from 2Q 2022). Net income: kr14.8m (down 11% from 2Q 2022). Profit margin: 6.6% (down from 9.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the IT industry in Germany. 공시 • May 25
Itera ASA Approves Ordinary Dividend, Payable on 6 June 2023 Itera ASA approved ordinary dividend of NOK 0.30 per share. The dividend will be paid to shareholders who own shares on the 24 May 2023. The share will be traded excluding the right to the dividend on 25 May 2023. The dividend will be paid on 6 June 2023. Reported Earnings • May 12
First quarter 2023 earnings released: EPS: kr0.30 (vs kr0.25 in 1Q 2022) First quarter 2023 results: EPS: kr0.30 (up from kr0.25 in 1Q 2022). Revenue: kr230.3m (up 31% from 1Q 2022). Net income: kr24.5m (up 22% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the IT industry in Germany. Board Change • Mar 31
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Head of AI & Analytics & Director Siren Tønnesen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Dec 22
Itera ASA to Report Fiscal Year 2023 Results on Apr 26, 2024 Itera ASA announced that they will report fiscal year 2023 results on Apr 26, 2024