New Risk • May 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Estonian stocks, typically moving 4.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (4.4% average weekly change). Negative equity (-€227k). Earnings have declined by 22% per year over the past 5 years. Market cap is less than US$10m (€4.75m market cap, or US$5.55m). Minor Risk Revenue is less than US$5m (€1.7m revenue, or US$2.0m). Reported Earnings • Apr 08
Full year 2025 earnings released Full year 2025 results: Revenue: €1.68m (up 28% from FY 2024). Net loss: €425.8k (loss widened 72% from FY 2024). New Risk • Jan 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Estonian stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€77k free cash flow). Share price has been highly volatile over the past 3 months (7.6% average weekly change). Negative equity (-€34k). Earnings have declined by 12% per year over the past 5 years. Market cap is less than US$10m (€4.77m market cap, or US$5.59m). Minor Risk Revenue is less than US$5m (€1.6m revenue, or US$1.8m). Reported Earnings • Sep 27
First half 2025 earnings released First half 2025 results: Revenue: €816.2k (up 43% from 1H 2024). Net loss: €232.6k (loss widened 95% from 1H 2024). New Risk • Sep 24
New major risk - Negative shareholders equity The company has negative equity. Total equity: -€34k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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 (-€77k free cash flow). Share price has been highly volatile over the past 3 months (6.5% average weekly change). Negative equity (-€34k). Earnings have declined by 12% per year over the past 5 years. Market cap is less than US$10m (€4.70m market cap, or US$5.52m). Minor Risk Revenue is less than US$5m (€1.6m revenue, or US$1.8m). New Risk • Aug 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€282k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€282k free cash flow). Share price has been highly volatile over the past 3 months (7.1% average weekly change). Earnings have declined by 6.3% per year over the past 5 years. Market cap is less than US$10m (€5.02m market cap, or US$5.86m). Minor Risk Revenue is less than US$5m (€1.3m revenue, or US$1.5m). Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €2.30, the stock trades at a trailing P/E ratio of 47.2x. Average trailing P/E is 14x in the Consumer Durables industry in Europe. Total loss to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to €2.10, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 13x in the Consumer Durables industry in Europe. Total loss to shareholders of 55% over the past three years. New Risk • Mar 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Estonian stocks, typically moving 6.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (6.0% average weekly change). High level of non-cash earnings (127% accrual ratio). Market cap is less than US$10m (€4.27m market cap, or US$4.61m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (€1.6m revenue, or US$1.8m). New Risk • Mar 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (127% accrual ratio). Market cap is less than US$10m (€4.52m market cap, or US$4.89m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (5.9% average weekly change). Revenue is less than US$5m (€1.6m revenue, or US$1.8m). New Risk • Feb 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Estonian stocks, typically moving 5.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (5.9% average weekly change). High level of non-cash earnings (127% accrual ratio). Market cap is less than US$10m (€5.07m market cap, or US$5.26m). Minor Risk Revenue is less than US$5m (€1.6m revenue, or US$1.7m). Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €1.81, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 13x in the Consumer Durables industry in Europe. Total loss to shareholders of 36% over the past year. Reported Earnings • Sep 10
First half 2024 earnings released First half 2024 results: Revenue: €571.3k (up 21% from 1H 2023). Net loss: €121.1k (loss narrowed 37% from 1H 2023). New Risk • Jul 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Estonian stocks, typically moving 5.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (5.9% average weekly change). High level of non-cash earnings (57% accrual ratio). Market cap is less than US$10m (€6.03m market cap, or US$6.54m). Minor Risk Revenue is less than US$5m (€1.5m revenue, or US$1.7m). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 51% After last week's 51% share price gain to €2.83, the stock trades at a trailing P/E ratio of 74.3x. Average trailing P/E is 12x in the Consumer Durables industry in Europe. Total loss to shareholders of 30% over the past year. New Risk • Jan 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Estonian stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.7% average weekly change). High level of non-cash earnings (71% accrual ratio). Market cap is less than US$10m (€6.15m market cap, or US$6.66m). Minor Risk Revenue is less than US$5m (€1.5m revenue, or US$1.7m). Reported Earnings • Jan 25
Full year 2023 earnings released Full year 2023 results: Revenue: €1.54m (up 53% from FY 2022). Net income: €95.6k (up €483.9k from FY 2022). Profit margin: 6.2% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Reported Earnings • Aug 14
First half 2023 earnings released First half 2023 results: Net loss: €190.7k (flat on 1H 2022). Reported Earnings • Mar 17
Full year 2022 earnings released Full year 2022 results: Revenue: €1.00m (up 110% from FY 2021). Net loss: €388.2k (loss widened 347% from FY 2021). 공지 • Feb 22
Airobot Technologies Launches New Product: Central Humidifier Airobot Technologies is expanding its product range in the field of humidity and has developed a central humidifier that keeps indoor humidity at a healthy level. The central humidifier allows to keep the level of humidity in the rooms healthy through the ventilation system. Airobot is known to be the first manufacturer to integrate a ventilation unit and humidifier into a single system and user interface. The advantage of the device is the fact that the entire indoor climate of the home will be controlled from one device. New accessory is expected to have positive effect on Airobot's business. Ensuring indoor humidity is a growing product segment. Indoor humidity is one of the most important health factors of the indoor environment, and people's awareness and interest in maintaining indoor humidity at a healthy level has increased. Airobot's product range includs in addition to heat recovery also humidity recovery, and 70% of customers choose such a solution. To achieve greater energy savings, it is recommended to combine the new humidifier with a humidity recovery ventilation device.