EAM Solar (0QDW) 주식 개요EAM Solar ASA는 유럽에서 태양광 발전소를 인수, 소유 및 운영하는 회사입니다. 자세히 보기0QDW 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적3/6재무 건전성6/6배당0/6강점주가수익률(2.6x)이 UK 시장(15.9x)보다 낮습니다.올해부터 흑자전환위험 분석지난 1년 동안 주주가 크게 희석되었습니다.의미 있는 시가총액이 없습니다(NOK37M)높은 수준의 비현금 수입주식은 유동성이 매우 낮습니다+ 위험 1건 추가모든 위험 점검 보기0QDW Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNOK Current PriceNOK 2.00454.2% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-70m5m2016201920222025202620282031Revenue €1.3mEarnings €1.4mAdvancedSet Fair ValueView all narrativesEAM Solar ASA 경쟁사Coro EnergySymbol: AIM:COROMarket cap: UK£3.8mLotus Hydro PowerSymbol: COSE:HPFL.N0000Market cap: LK₨1.5bVeer Energy & InfrastructureSymbol: BSE:503657Market cap: ₹193.2mKarma EnergySymbol: BSE:533451Market cap: ₹527.2m가격 이력 및 성과EAM Solar 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NOK 2.0052주 최고가NOK 29.0052주 최저가NOK 0.81베타0.0621개월 변동57.42%3개월 변동n/a1년 변동-90.96%3년 변동n/a5년 변동n/aIPO 이후 변동-99.59%최근 뉴스 및 업데이트Reported Earnings • Jan 31Full year 2025 earnings released: €0.05 loss per share (vs €0.99 loss in FY 2024)Full year 2025 results: €0.05 loss per share (improved from €0.99 loss in FY 2024). Revenue: €1.22m (down 19% from FY 2024). Net loss: €1.02m (loss narrowed 22% from FY 2024).공시 • Dec 15EAM Solar ASA, Annual General Meeting, Jun 04, 2026EAM Solar ASA, Annual General Meeting, Jun 04, 2026.공시 • Dec 12+ 4 more updatesEAM Solar ASA to Report Fiscal Year 2025 Final Results on May 07, 2026EAM Solar ASA announced that they will report fiscal year 2025 final results at 12:00 PM, Central European Standard Time on May 07, 2026공시 • Oct 28EAM Solar ASA has completed a Follow-on Equity Offering in the amount of NOK 20 million.EAM Solar ASA has completed a Follow-on Equity Offering in the amount of NOK 20 million. Security Name: Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: NOK 1 Transaction Features: Rights Offering공시 • Oct 02EAM Solar ASA, Annual General Meeting, Oct 01, 2025EAM Solar ASA, Annual General Meeting, Oct 01, 2025, at 10:00 W. Europe Standard Time. Location: karenslystalle 10, 0278oslo., Norway공시 • Sep 18EAM Solar ASA has filed a Follow-on Equity Offering in the amount of NOK 20 million.EAM Solar ASA has filed a Follow-on Equity Offering in the amount of NOK 20 million. Security Name: Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: NOK 1 Transaction Features: Rights Offering더 많은 업데이트 보기Recent updatesReported Earnings • Jan 31Full year 2025 earnings released: €0.05 loss per share (vs €0.99 loss in FY 2024)Full year 2025 results: €0.05 loss per share (improved from €0.99 loss in FY 2024). Revenue: €1.22m (down 19% from FY 2024). Net loss: €1.02m (loss narrowed 22% from FY 2024).공시 • Dec 15EAM Solar ASA, Annual General Meeting, Jun 04, 2026EAM Solar ASA, Annual General Meeting, Jun 04, 2026.공시 • Dec 12+ 4 more updatesEAM Solar ASA to Report Fiscal Year 2025 Final Results on May 07, 2026EAM Solar ASA announced that they will report fiscal year 2025 final results at 12:00 PM, Central European Standard Time on May 07, 2026공시 • Oct 28EAM Solar ASA has completed a Follow-on Equity Offering in the amount of NOK 20 million.EAM Solar ASA has completed a Follow-on Equity Offering in the amount of NOK 20 million. Security Name: Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: NOK 1 Transaction Features: Rights Offering공시 • Oct 02EAM Solar ASA, Annual General Meeting, Oct 01, 2025EAM Solar ASA, Annual General Meeting, Oct 01, 2025, at 10:00 W. Europe Standard Time. Location: karenslystalle 10, 0278oslo., Norway공시 • Sep 18EAM Solar ASA has filed a Follow-on Equity Offering in the amount of NOK 20 million.EAM Solar ASA has filed a Follow-on Equity Offering in the amount of NOK 20 million. Security Name: Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: NOK 1 Transaction Features: Rights Offering공시 • Jun 20EAM Solar AS Announces Italian Court Rejects All ApplicationsEAM Solar AS announced on 17 June 2025, took place the hearing before the Italian Supreme Court in relation to the appeals against the Appeal Court of Milan's decision of 4 July 2024. EAM has been informed that all appeals have been rejected. Those of the implicated and of EAM. The decision of 4 July 2024 is now final. So far, no grounds for the decision have been made. Such grounds are expected in around 60 days. The Milan criminal proceedings which began with arrests in 2014 have now concluded. Igor Akhmerov has been found liable for the crime contained in charge. Mr. Akhmerov, Marco Giorgi, Aveleos SA and Avelar Management have been held liable for the crime contained incharge. EAM is disappointed in the Supreme Court's decision not to reinstate the 2019 decision. The 2019 decision in EAM's favor, along with the 2021 Supreme Court annulment of the first appeal, has long given the company the justification to believe that it had been a victim of contractual fraud. While EAM still believes such, the company recognizes the judgement of the Italian courts. Notwithstanding the decision of the Supreme Court, EAM has made plans for such an outcome. One thing is clear: the Feed-in tariffs attached to power plants purchased by EAM in 2014 were obtained with fraud. People who sold these assets to EAM have been found liable for the frauds and sentenced to pay the Italian State. The company has been presented with a number of possible legal options which may now begin since the criminal process has concluded. EAM will work with its Italian civil counsels to determine which of, and when, these next processes shall begin. In the meantime, EAM will continue operating its 4 solar power plants with Feed-in Tariffs in Italy and pursuing the amounts awarded in other venues. EAM will revert to the market in the future once it has more information to share. In the meantime, E AM will continue operating its 4 solar Power plants with Feed-in Tariff in Italy and pursuing the amounts award in other venues. EAM is revert to the market in the Future once it has more information to Share.New Risk • Jun 18New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr45.7m (US$4.58m) 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 Share price has been highly volatile over the past 3 months (36% average weekly change). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 21x increase in shares outstanding). Market cap is less than US$10m (kr45.7m market cap, or US$4.58m). Minor Risk Revenue is less than US$5m (€1.5m revenue, or US$1.8m).Reported Earnings • Jun 05First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: €232.9k (up 11% from 1Q 2024). Net loss: €347.3k (down 232% from profit in 1Q 2024).Buy Or Sell Opportunity • Apr 30Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at kr0.65. The fair value is estimated to be kr0.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.7% over the last 3 years. Earnings per share has grown by 48%.Buy Or Sell Opportunity • Mar 31Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at kr0.75. The fair value is estimated to be kr0.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.7% over the last 3 years. Earnings per share has grown by 48%.Buy Or Sell Opportunity • Mar 07Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at kr0.67. The fair value is estimated to be kr0.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.7% over the last 3 years. Earnings per share has grown by 33%.Reported Earnings • Mar 02Full year 2024 earnings released: €0.26 loss per share (vs €0.18 loss in FY 2023)Full year 2024 results: €0.26 loss per share (further deteriorated from €0.18 loss in FY 2023). Revenue: €1.28m (up 29% from FY 2023). Net loss: €1.79m (loss widened 48% from FY 2023).Board Change • Feb 18Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Pål Hvammen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Feb 07EAM Solar ASA Announces CEO ChangesEAM Solar ASA announced that following the end of the management agreement between EAM Solar AS and Energeia AS, the Board of directors are establishing an independent internal organization for the EAM Solar group. The management agreement will end, by the latest, in May 2025. The Board has employed Erik Brandon Reisenfeld as new CEO of EAM Solar AS. Erik replaces Christian Hagemann who was appointed by the manager Energeia AS under the management agreement. Erik Reisenfeld is a qualified solicitor in England and Wales. Erik has acted as EAM’s internal legal counsel since September 2017 under the management agreement being an employee in Energeia AS, and has consequently detailed knowledge of all legal processes the company is involved in. Given the importance of the ongoing legal processes for the business of the company, the board of EAM believes Erik Reisenfeld’s knowledge and skillset will serve the company well.공시 • Feb 06EAM Solar ASA Hires Gloria Gallorini as Head of AdministrationEAM Solar ASA announced that Following the end of the management agreement between EAM Solar AS and Energeia AS, the Board of directors are establishing an independent internal organization for the EAM Solar group. The management agreement will end, by the latest, in May 2025. The the company has hired Gloria Gallorini as head of administration. Gloria has been working with EAM Solar as an employee in Energeia AS under the management agreement since 2014. Gloria is an Italian citizen with detailed knowledge of the administrative procedures relating to the operation of the company’s four solar PV power plants in operation in Italy.공시 • Jan 03EAM Solar ASA, Annual General Meeting, May 21, 2025EAM Solar ASA, Annual General Meeting, May 21, 2025.공시 • Jan 02+ 4 more updatesEAM Solar ASA to Report Q1, 2025 Results on May 22, 2025EAM Solar ASA announced that they will report Q1, 2025 results on May 22, 2025공시 • Oct 15Nordnet Livsforsikring AS and Nordnet Pensionsförsäkring AB acquired 5.61% stake in EAM Solar ASA (OB:EAM).Nordnet Livsforsikring AS and Nordnet Pensionsförsäkring AB acquired 5.61% stake in EAM Solar ASA (OB:EAM) on October 14, 2024. Nordnet Livsforsikring AS and Nordnet Pensionsförsäkring AB completed the acquisition of 5.61% stake in EAM Solar ASA (OB:EAM) on October 14, 2024.Reported Earnings • May 25First quarter 2024 earnings released: EPS: €0.04 (vs €0.075 in 1Q 2023)First quarter 2024 results: EPS: €0.04 (down from €0.075 in 1Q 2023). Revenue: €210.5k (flat on 1Q 2023). Net income: €262.5k (down 49% from 1Q 2023).공시 • May 11EAM Solar ASA Elects Elisabeth Dragseth as New Member of the BoardEAM Solar ASA at the EGM held on May 10, 2024, elected Elisabeth Dragseth as new member of the board.공시 • Mar 09EAM Solar ASA Announces Legal Status Update on Criminal Appeal Court of Milan Postpones Next Hearing to May 2024EAM Solar ASA announced that 5 March 2024, was the first of two scheduled hearings for final arguments before the Fifth Section of the Court of Appeal of Milan in relation to the ongoing criminal case brought by the Italian State for subsidy fraud, and for contractual fraud against EAM Solar ASA. The company has been informed that the second hearing has been postponed from the 20 March until 16 May 2024. are also informed that the Appeal Court intends to issue its ruling on this same date, after the conclusion of this hearing.공시 • Mar 01EAM Solar ASA Receives the Milan Chamber of Arbitration's Final Decision in Case Concerning Payment Obligations Between EAM Solar ASA and Aveleos SAEAM Solar ASA received the Milan Chamber of Arbitration's (CAM) final decision in the ongoing arbitration case concerning payment obligations between EAM Solar ASA and Aveleos SA under the share purchase agreement of 2013. The arbitration court decided to award both parties the right to receive payments under the SPA, including calculated interest up until 29 February 2024, and allocated these as follows: EAM Solar ASA/EAM Solar Italy Holding Srl. was granted the right to receive a payment from Aveleos of approximately EUR 4,024,418 in damages for breach of the representations and warranties up to a liability cap. Aveleos SA was granted the right to received a payment from EAM Solar ASA/Eam Solar Italy Holding Srl. of approximately EUR 1,084,605 representing the net set-off for the various contractual claims and obligations between the parties in accordance with the SPA. The conclusion of CAM's decision in the arbitration proceedings is a net amount in favour of EAM Solar ASA/E AM Solar Italy Holding Srl. the company of approximately of EUR 2,939,814. Although immediately payable, the company do not expect, based on previous experience, Aveleos SA, or its shareholders Enovos Luxembourg SA and the Renova Group, to honour any payment obligations without further legal proceedings. The CAM decision may be appealed by both parties to the civil Court of Milan. The arbitration court decided not to consider any merits relating to the ongoing criminal proceedings against directors of Aveleos SA for fraud against the State of Italy nor EAM Solar ASA in their decision.공시 • Dec 22+ 5 more updatesEAM Solar ASA to Report Q4, 2023 Results on Mar 01, 2024EAM Solar ASA announced that they will report Q4, 2023 results on Mar 01, 2024주주 수익률0QDWGB Renewable EnergyGB 시장7D0%-0.2%0.3%1Y-91.0%18.3%18.8%전체 주주 수익률 보기수익률 대 산업: 0QDW은 지난 1년 동안 18.3%의 수익을 기록한 UK Renewable Energy 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 0QDW은 지난 1년 동안 18.8%를 기록한 UK 시장보다 저조한 성과를 냈습니다.주가 변동성Is 0QDW's price volatile compared to industry and market?0QDW volatility0QDW Average Weekly Movementn/aRenewable Energy Industry Average Movement5.3%Market Average Movement5.7%10% most volatile stocks in GB Market11.9%10% least volatile stocks in GB Market3.1%안정적인 주가: 0QDW의 주가는 지난 3개월 동안 UK 시장보다 변동성이 컸습니다.시간에 따른 변동성: Insufficient data to determine 0QDW의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트20114Erik Reisenfeldwww.eamsolar.noEAM Solar ASA는 유럽에서 태양광 발전소를 인수, 소유 및 운영합니다. 이 회사는 장기 고정 가격 판매 계약에 따라 전력을 판매합니다. 이탈리아에 총 4.0MW의 설비용량을 갖춘 4개의 태양광 발전소를 소유 및 운영하고 있습니다.더 보기EAM Solar ASA 기초 지표 요약EAM Solar의 순이익과 매출은 시가총액과 어떻게 비교됩니까?0QDW 기초 통계시가총액NOK 37.49m순이익 (TTM)NOK 14.41m매출 (TTM)NOK 12.91m2.6x주가수익비율(P/E)2.9x주가매출비율(P/S)0QDW는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표0QDW 손익계산서 (TTM)매출€1.20m매출원가€189.01k총이익€1.01m기타 비용-€329.16k순이익€1.34m최근 보고된 실적Mar 31, 2026다음 실적 발표일May 28, 2026주당순이익(EPS)0.066총이익률84.30%순이익률111.64%부채/자본 비율0%0QDW의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 14:42종가2026/05/06 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 소스EAM Solar ASA는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Preben Rasch-OlsenCarnegie Investment Bank AB
Reported Earnings • Jan 31Full year 2025 earnings released: €0.05 loss per share (vs €0.99 loss in FY 2024)Full year 2025 results: €0.05 loss per share (improved from €0.99 loss in FY 2024). Revenue: €1.22m (down 19% from FY 2024). Net loss: €1.02m (loss narrowed 22% from FY 2024).
공시 • Dec 15EAM Solar ASA, Annual General Meeting, Jun 04, 2026EAM Solar ASA, Annual General Meeting, Jun 04, 2026.
공시 • Dec 12+ 4 more updatesEAM Solar ASA to Report Fiscal Year 2025 Final Results on May 07, 2026EAM Solar ASA announced that they will report fiscal year 2025 final results at 12:00 PM, Central European Standard Time on May 07, 2026
공시 • Oct 28EAM Solar ASA has completed a Follow-on Equity Offering in the amount of NOK 20 million.EAM Solar ASA has completed a Follow-on Equity Offering in the amount of NOK 20 million. Security Name: Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: NOK 1 Transaction Features: Rights Offering
공시 • Oct 02EAM Solar ASA, Annual General Meeting, Oct 01, 2025EAM Solar ASA, Annual General Meeting, Oct 01, 2025, at 10:00 W. Europe Standard Time. Location: karenslystalle 10, 0278oslo., Norway
공시 • Sep 18EAM Solar ASA has filed a Follow-on Equity Offering in the amount of NOK 20 million.EAM Solar ASA has filed a Follow-on Equity Offering in the amount of NOK 20 million. Security Name: Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: NOK 1 Transaction Features: Rights Offering
Reported Earnings • Jan 31Full year 2025 earnings released: €0.05 loss per share (vs €0.99 loss in FY 2024)Full year 2025 results: €0.05 loss per share (improved from €0.99 loss in FY 2024). Revenue: €1.22m (down 19% from FY 2024). Net loss: €1.02m (loss narrowed 22% from FY 2024).
공시 • Dec 15EAM Solar ASA, Annual General Meeting, Jun 04, 2026EAM Solar ASA, Annual General Meeting, Jun 04, 2026.
공시 • Dec 12+ 4 more updatesEAM Solar ASA to Report Fiscal Year 2025 Final Results on May 07, 2026EAM Solar ASA announced that they will report fiscal year 2025 final results at 12:00 PM, Central European Standard Time on May 07, 2026
공시 • Oct 28EAM Solar ASA has completed a Follow-on Equity Offering in the amount of NOK 20 million.EAM Solar ASA has completed a Follow-on Equity Offering in the amount of NOK 20 million. Security Name: Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: NOK 1 Transaction Features: Rights Offering
공시 • Oct 02EAM Solar ASA, Annual General Meeting, Oct 01, 2025EAM Solar ASA, Annual General Meeting, Oct 01, 2025, at 10:00 W. Europe Standard Time. Location: karenslystalle 10, 0278oslo., Norway
공시 • Sep 18EAM Solar ASA has filed a Follow-on Equity Offering in the amount of NOK 20 million.EAM Solar ASA has filed a Follow-on Equity Offering in the amount of NOK 20 million. Security Name: Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: NOK 1 Transaction Features: Rights Offering
공시 • Jun 20EAM Solar AS Announces Italian Court Rejects All ApplicationsEAM Solar AS announced on 17 June 2025, took place the hearing before the Italian Supreme Court in relation to the appeals against the Appeal Court of Milan's decision of 4 July 2024. EAM has been informed that all appeals have been rejected. Those of the implicated and of EAM. The decision of 4 July 2024 is now final. So far, no grounds for the decision have been made. Such grounds are expected in around 60 days. The Milan criminal proceedings which began with arrests in 2014 have now concluded. Igor Akhmerov has been found liable for the crime contained in charge. Mr. Akhmerov, Marco Giorgi, Aveleos SA and Avelar Management have been held liable for the crime contained incharge. EAM is disappointed in the Supreme Court's decision not to reinstate the 2019 decision. The 2019 decision in EAM's favor, along with the 2021 Supreme Court annulment of the first appeal, has long given the company the justification to believe that it had been a victim of contractual fraud. While EAM still believes such, the company recognizes the judgement of the Italian courts. Notwithstanding the decision of the Supreme Court, EAM has made plans for such an outcome. One thing is clear: the Feed-in tariffs attached to power plants purchased by EAM in 2014 were obtained with fraud. People who sold these assets to EAM have been found liable for the frauds and sentenced to pay the Italian State. The company has been presented with a number of possible legal options which may now begin since the criminal process has concluded. EAM will work with its Italian civil counsels to determine which of, and when, these next processes shall begin. In the meantime, EAM will continue operating its 4 solar power plants with Feed-in Tariffs in Italy and pursuing the amounts awarded in other venues. EAM will revert to the market in the future once it has more information to share. In the meantime, E AM will continue operating its 4 solar Power plants with Feed-in Tariff in Italy and pursuing the amounts award in other venues. EAM is revert to the market in the Future once it has more information to Share.
New Risk • Jun 18New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr45.7m (US$4.58m) 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 Share price has been highly volatile over the past 3 months (36% average weekly change). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 21x increase in shares outstanding). Market cap is less than US$10m (kr45.7m market cap, or US$4.58m). Minor Risk Revenue is less than US$5m (€1.5m revenue, or US$1.8m).
Reported Earnings • Jun 05First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: €232.9k (up 11% from 1Q 2024). Net loss: €347.3k (down 232% from profit in 1Q 2024).
Buy Or Sell Opportunity • Apr 30Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at kr0.65. The fair value is estimated to be kr0.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.7% over the last 3 years. Earnings per share has grown by 48%.
Buy Or Sell Opportunity • Mar 31Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at kr0.75. The fair value is estimated to be kr0.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.7% over the last 3 years. Earnings per share has grown by 48%.
Buy Or Sell Opportunity • Mar 07Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at kr0.67. The fair value is estimated to be kr0.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.7% over the last 3 years. Earnings per share has grown by 33%.
Reported Earnings • Mar 02Full year 2024 earnings released: €0.26 loss per share (vs €0.18 loss in FY 2023)Full year 2024 results: €0.26 loss per share (further deteriorated from €0.18 loss in FY 2023). Revenue: €1.28m (up 29% from FY 2023). Net loss: €1.79m (loss widened 48% from FY 2023).
Board Change • Feb 18Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Pål Hvammen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Feb 07EAM Solar ASA Announces CEO ChangesEAM Solar ASA announced that following the end of the management agreement between EAM Solar AS and Energeia AS, the Board of directors are establishing an independent internal organization for the EAM Solar group. The management agreement will end, by the latest, in May 2025. The Board has employed Erik Brandon Reisenfeld as new CEO of EAM Solar AS. Erik replaces Christian Hagemann who was appointed by the manager Energeia AS under the management agreement. Erik Reisenfeld is a qualified solicitor in England and Wales. Erik has acted as EAM’s internal legal counsel since September 2017 under the management agreement being an employee in Energeia AS, and has consequently detailed knowledge of all legal processes the company is involved in. Given the importance of the ongoing legal processes for the business of the company, the board of EAM believes Erik Reisenfeld’s knowledge and skillset will serve the company well.
공시 • Feb 06EAM Solar ASA Hires Gloria Gallorini as Head of AdministrationEAM Solar ASA announced that Following the end of the management agreement between EAM Solar AS and Energeia AS, the Board of directors are establishing an independent internal organization for the EAM Solar group. The management agreement will end, by the latest, in May 2025. The the company has hired Gloria Gallorini as head of administration. Gloria has been working with EAM Solar as an employee in Energeia AS under the management agreement since 2014. Gloria is an Italian citizen with detailed knowledge of the administrative procedures relating to the operation of the company’s four solar PV power plants in operation in Italy.
공시 • Jan 03EAM Solar ASA, Annual General Meeting, May 21, 2025EAM Solar ASA, Annual General Meeting, May 21, 2025.
공시 • Jan 02+ 4 more updatesEAM Solar ASA to Report Q1, 2025 Results on May 22, 2025EAM Solar ASA announced that they will report Q1, 2025 results on May 22, 2025
공시 • Oct 15Nordnet Livsforsikring AS and Nordnet Pensionsförsäkring AB acquired 5.61% stake in EAM Solar ASA (OB:EAM).Nordnet Livsforsikring AS and Nordnet Pensionsförsäkring AB acquired 5.61% stake in EAM Solar ASA (OB:EAM) on October 14, 2024. Nordnet Livsforsikring AS and Nordnet Pensionsförsäkring AB completed the acquisition of 5.61% stake in EAM Solar ASA (OB:EAM) on October 14, 2024.
Reported Earnings • May 25First quarter 2024 earnings released: EPS: €0.04 (vs €0.075 in 1Q 2023)First quarter 2024 results: EPS: €0.04 (down from €0.075 in 1Q 2023). Revenue: €210.5k (flat on 1Q 2023). Net income: €262.5k (down 49% from 1Q 2023).
공시 • May 11EAM Solar ASA Elects Elisabeth Dragseth as New Member of the BoardEAM Solar ASA at the EGM held on May 10, 2024, elected Elisabeth Dragseth as new member of the board.
공시 • Mar 09EAM Solar ASA Announces Legal Status Update on Criminal Appeal Court of Milan Postpones Next Hearing to May 2024EAM Solar ASA announced that 5 March 2024, was the first of two scheduled hearings for final arguments before the Fifth Section of the Court of Appeal of Milan in relation to the ongoing criminal case brought by the Italian State for subsidy fraud, and for contractual fraud against EAM Solar ASA. The company has been informed that the second hearing has been postponed from the 20 March until 16 May 2024. are also informed that the Appeal Court intends to issue its ruling on this same date, after the conclusion of this hearing.
공시 • Mar 01EAM Solar ASA Receives the Milan Chamber of Arbitration's Final Decision in Case Concerning Payment Obligations Between EAM Solar ASA and Aveleos SAEAM Solar ASA received the Milan Chamber of Arbitration's (CAM) final decision in the ongoing arbitration case concerning payment obligations between EAM Solar ASA and Aveleos SA under the share purchase agreement of 2013. The arbitration court decided to award both parties the right to receive payments under the SPA, including calculated interest up until 29 February 2024, and allocated these as follows: EAM Solar ASA/EAM Solar Italy Holding Srl. was granted the right to receive a payment from Aveleos of approximately EUR 4,024,418 in damages for breach of the representations and warranties up to a liability cap. Aveleos SA was granted the right to received a payment from EAM Solar ASA/Eam Solar Italy Holding Srl. of approximately EUR 1,084,605 representing the net set-off for the various contractual claims and obligations between the parties in accordance with the SPA. The conclusion of CAM's decision in the arbitration proceedings is a net amount in favour of EAM Solar ASA/E AM Solar Italy Holding Srl. the company of approximately of EUR 2,939,814. Although immediately payable, the company do not expect, based on previous experience, Aveleos SA, or its shareholders Enovos Luxembourg SA and the Renova Group, to honour any payment obligations without further legal proceedings. The CAM decision may be appealed by both parties to the civil Court of Milan. The arbitration court decided not to consider any merits relating to the ongoing criminal proceedings against directors of Aveleos SA for fraud against the State of Italy nor EAM Solar ASA in their decision.
공시 • Dec 22+ 5 more updatesEAM Solar ASA to Report Q4, 2023 Results on Mar 01, 2024EAM Solar ASA announced that they will report Q4, 2023 results on Mar 01, 2024
