View Future GrowthEAM Solar 과거 순이익 실적과거 기준 점검 3/6EAM Solar은 연평균 28.3%의 비율로 수입이 증가해 온 반면, Renewable Energy 산업은 수입이 15.2% 증가했습니다. 매출은 연평균 1.5%의 비율로 증가했습니다. EAM Solar의 자기자본이익률은 39.3%이고 순이익률은 111.6%입니다.핵심 정보28.33%순이익 성장률47.08%주당순이익(EPS) 성장률Renewable Energy 산업 성장률48.57%매출 성장률1.48%자기자본이익률39.30%순이익률111.64%다음 순이익 업데이트27 Aug 2026최근 과거 실적 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 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, 2026Reported 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).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).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, 2025Reported 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).모든 업데이트 보기Recent updates공시 • May 27EAM Solar ASA has filed a Follow-on Equity Offering in the amount of NOK 55 million.EAM Solar ASA has filed a Follow-on Equity Offering in the amount of NOK 55 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 110,000,000 Price\Range: NOK 0.5 Transaction Features: Rights OfferingReported 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, 2024매출 및 비용 세부 내역EAM Solar가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이LSE:0QDW 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 26111031 Dec 251-11030 Sep 251-21030 Jun 252-11031 Mar 252-22031 Dec 242-11030 Sep 241-12030 Jun 241-22031 Mar 241-11031 Dec 231-12030 Sep 231-21030 Jun 231-21031 Mar 231-11031 Dec 221-21030 Sep 221-21030 Jun 221-31031 Mar 221-31031 Dec 211-41030 Sep 211-41030 Jun 211-21031 Mar 211-31031 Dec 20101030 Sep 20112030 Jun 20212031 Mar 20322031 Dec 19302030 Sep 19403030 Jun 194-13031 Mar 195-23031 Dec 184-23030 Sep 184-12030 Jun 184-91031 Mar 184-82031 Dec 174-72030 Sep 174-112030 Jun 174-122031 Mar 174-182031 Dec 164-202030 Sep 16-1-872030 Jun 162-773031 Mar 165-703031 Dec 156-703030 Sep 1514-13030 Jun 1513-330양질의 수익: 0QDW의 비현금 수익 수준이 높습니다.이익 마진 증가: 0QDW는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 0QDW는 지난 5년 동안 흑자전환하며 연평균 28.3%의 수익 성장을 기록했습니다.성장 가속화: 0QDW는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: 0QDW는 지난해 흑자전환하여 지난 해 수익 성장률을 Renewable Energy 업계(-3%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 0QDW의 자본 수익률(39.3%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YUtilities 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/19 20:47종가2026/06/09 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 AS는 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 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
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).
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).
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
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 27EAM Solar ASA has filed a Follow-on Equity Offering in the amount of NOK 55 million.EAM Solar ASA has filed a Follow-on Equity Offering in the amount of NOK 55 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 110,000,000 Price\Range: NOK 0.5 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