This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsBW Ideol (BWIDL) 주식 개요BW Ideol AS engages in the design, development, and execution of floating wind projects. 자세히 보기BWIDL 펀더멘털 분석스노우플레이크 점수가치 평가1/6미래 성장2/6과거 실적0/6재무 건전성1/6배당0/6강점수익은 연간 39.94% 증가할 것으로 예상됩니다.위험 분석cash runway 경력이 1년 미만입니다.지난 3개월 동안 주가 변동성이 Norwegian 시장과 비교했을 때 매우 높았습니다.의미 있는 시가총액이 없습니다(NOK372M)의미 있는 수익이 없습니다(€4M)+ 위험 1건 추가모든 위험 점검 보기BWIDL 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 11.80193.5% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-23m21m2016201920222025202620282031Revenue €21.1mEarnings €1.2mAdvancedSet Fair ValueView all narrativesBW Ideol AS 경쟁사NRC GroupSymbol: OB:NRCMarket cap: NOK 1.5bArgeoSymbol: OB:ARGEOMarket cap: NOK 28.3mOcean SunSymbol: OB:OSUNMarket cap: NOK 49.9mInin GroupSymbol: OB:ININMarket cap: NOK 404.0m가격 이력 및 성과BW Ideol 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NOK 11.8052주 최고가NOK 14.2052주 최저가NOK 5.24베타0.841개월 변동0%3개월 변동40.81%1년 변동53.65%3년 변동n/a5년 변동n/aIPO 이후 변동-74.38%최근 뉴스 및 업데이트공시 • Dec 08BW Sirocco Holdings AS (Offeror)completed the acquisition of 84.7 % stake in BW Ideol AS (OB : BWIDL).BW Sirocco Holdings AS (Offeror) made a recommended voluntary offer to acquire a 84.7 % stake in BW Ideol AS (OB : BWIDL) on November 9, 2023. Under the terms, eligible shareholders of BW Ideol will be offered a cash offer price of NOK 12 per Share and shares on 1:1 basis. The board of directors of BW Ideol (excluding its members having a conflict of interest with respect to the Offer) (the "Board") have unanimously resolved to recommend the shareholders of BW Ideol to accept the Offer. Transaction is subject to approval of regulatory board. The offer period is expected to commence on or about 14 November 14, 2023, following registration of the Offer Document with the Norwegian Register of Business Enterprises, and end on November 28, 2023. Following the completion of the Offer, the Offeror intends to carry out a compulsory acquisition to acquire the remaining Shares.Danske Bank, Norwegian Branch, is acting as financial advisor to the Offeror and receiving agent for the Offer. Advokatfirmaet Thommessen AS is acting as legal advisor to the Offeror. Carnegie AS is acting as financial advisor to the Board.BW Sirocco Holdings AS (Offeror)completed the acquisition of 84.7 % stake in BW Ideol AS (OB : BWIDL) on December 7, 2023. The Offeror intends to exercise its right of compulsory acquisition. The Offeror hereby announces that Offer has been completed, and that the settlement of the Offer has been made in accordance Settlement of the Cash Consideration) and Settlement of the Consideration Shares. Following the Settlement, and as of today, the Offeror holds in total 30,000,561 Shares, representing 95.21% of the Shares in BW Ideol. As on December 8, 2023, BW Sirocco Holdings AS announces exercise of the right of compulsory acquisition of the remaining shares in BW Ideol AS.공시 • Nov 10BW Ideol to Apply Oslo Børs for the Delisting of its Shares from Euronext GrowthBW Sirocco Holdings AS (the "Offeror") announced a recommended voluntary offer to acquire all issued and outstanding shares (the "Shares") in BW Ideol AS ("BW Ideol" or the "Company") not already held by the Initiating Shareholders (as defined below), at an offer price of NOK 12 per Share (the "Offer Price"), to be settled in cash or shares in the Offeror (the "Offer"). Following the completion of the Offer, the Offeror intends to carry out a compulsory acquisition to acquire the remaining Shares, and the Offeror will propose that the general meeting of the Company resolves that the Company shall apply to Oslo Børs for the delisting of the Company's Shares from Euronext Growth.Reported Earnings • Nov 10Third quarter 2023 earnings releasedThird quarter 2023 results: Net loss: €5.17m (loss widened 55% from 3Q 2022). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Construction industry in Norway.New Risk • Sep 03New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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 (-€4.9m free cash flow). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr279.2m market cap, or US$26.2m).New Risk • Aug 24New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€4.9m 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 (-€4.9m free cash flow). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr272.3m market cap, or US$25.5m).Reported Earnings • Aug 24Second quarter 2023 earnings releasedSecond quarter 2023 results: Net loss: €5.38m (loss widened 27% from 2Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Construction industry in Norway.더 많은 업데이트 보기Recent updates공시 • Dec 08BW Sirocco Holdings AS (Offeror)completed the acquisition of 84.7 % stake in BW Ideol AS (OB : BWIDL).BW Sirocco Holdings AS (Offeror) made a recommended voluntary offer to acquire a 84.7 % stake in BW Ideol AS (OB : BWIDL) on November 9, 2023. Under the terms, eligible shareholders of BW Ideol will be offered a cash offer price of NOK 12 per Share and shares on 1:1 basis. The board of directors of BW Ideol (excluding its members having a conflict of interest with respect to the Offer) (the "Board") have unanimously resolved to recommend the shareholders of BW Ideol to accept the Offer. Transaction is subject to approval of regulatory board. The offer period is expected to commence on or about 14 November 14, 2023, following registration of the Offer Document with the Norwegian Register of Business Enterprises, and end on November 28, 2023. Following the completion of the Offer, the Offeror intends to carry out a compulsory acquisition to acquire the remaining Shares.Danske Bank, Norwegian Branch, is acting as financial advisor to the Offeror and receiving agent for the Offer. Advokatfirmaet Thommessen AS is acting as legal advisor to the Offeror. Carnegie AS is acting as financial advisor to the Board.BW Sirocco Holdings AS (Offeror)completed the acquisition of 84.7 % stake in BW Ideol AS (OB : BWIDL) on December 7, 2023. The Offeror intends to exercise its right of compulsory acquisition. The Offeror hereby announces that Offer has been completed, and that the settlement of the Offer has been made in accordance Settlement of the Cash Consideration) and Settlement of the Consideration Shares. Following the Settlement, and as of today, the Offeror holds in total 30,000,561 Shares, representing 95.21% of the Shares in BW Ideol. As on December 8, 2023, BW Sirocco Holdings AS announces exercise of the right of compulsory acquisition of the remaining shares in BW Ideol AS.공시 • Nov 10BW Ideol to Apply Oslo Børs for the Delisting of its Shares from Euronext GrowthBW Sirocco Holdings AS (the "Offeror") announced a recommended voluntary offer to acquire all issued and outstanding shares (the "Shares") in BW Ideol AS ("BW Ideol" or the "Company") not already held by the Initiating Shareholders (as defined below), at an offer price of NOK 12 per Share (the "Offer Price"), to be settled in cash or shares in the Offeror (the "Offer"). Following the completion of the Offer, the Offeror intends to carry out a compulsory acquisition to acquire the remaining Shares, and the Offeror will propose that the general meeting of the Company resolves that the Company shall apply to Oslo Børs for the delisting of the Company's Shares from Euronext Growth.Reported Earnings • Nov 10Third quarter 2023 earnings releasedThird quarter 2023 results: Net loss: €5.17m (loss widened 55% from 3Q 2022). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Construction industry in Norway.New Risk • Sep 03New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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 (-€4.9m free cash flow). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr279.2m market cap, or US$26.2m).New Risk • Aug 24New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€4.9m 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 (-€4.9m free cash flow). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr272.3m market cap, or US$25.5m).Reported Earnings • Aug 24Second quarter 2023 earnings releasedSecond quarter 2023 results: Net loss: €5.38m (loss widened 27% from 2Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Construction industry in Norway.Reported Earnings • May 18First quarter 2023 earnings releasedFirst quarter 2023 results: €0.16 loss per share. Net loss: €5.08m (loss widened 3.9% from 1Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Construction industry in Norway.Reported Earnings • Feb 17Full year 2022 earnings released: €0.53 loss per share (vs €0.68 loss in FY 2021)Full year 2022 results: €0.53 loss per share. Net loss: €16.6m (loss widened 17% from FY 2021). Revenue is expected to decline by 20% p.a. on average during the next 2 years, while revenues in the Construction industry in Norway are expected to grow by 9.6%.공시 • Dec 01+ 4 more updatesBW Ideol AS to Report Fiscal Year 2022 Results on Feb 16, 2023BW Ideol AS announced that they will report fiscal year 2022 results on Feb 16, 2023Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Yngvil Asheim is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 11Third quarter 2022 earnings releasedThird quarter 2022 results: Net loss: €3.33m (loss widened 14% from 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in Norway.Reported Earnings • Jul 29Second quarter 2022 earnings releasedSecond quarter 2022 results: Net loss: €4.23m (flat on 2Q 2021). Over the next year, revenue is forecast to grow 13%, compared to a 20% growth forecast for the industry in Norway.공시 • Jun 24BW Ideol AS Announces the Resignation of Yasuhiro Matsui as A Non-Executive Director, Effective 24 June 2022BW Ideol AS announced that on 20 June 2022 the Company received the resignation of Yasuhiro Matsui as a non-executive director of the Company, due to his nomination as President and CEO of DBJ Securities. The resignation is effective 24 June 2022. The Board of directors will call for an extraordinary general meeting to elect a replacement for Mr. Matsui in due course.Major Estimate Revision • May 19Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €4.10m to €4.68m. EPS estimate fell from -€0.44 to -€0.48 per share. Construction industry in Norway expected to see average net income growth of 31% next year. Consensus price target down from kr68.45 to kr64.38. Share price rose 2.4% to kr17.00 over the past week.Reported Earnings • May 13First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: €0.15 loss per share. Net loss: €4.88m (flat on 1Q 2021). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 70%. Over the next year, revenue is forecast to grow 36%, compared to a 21% growth forecast for the industry in Norway.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Yngvil Asheim is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: €0.68 loss per share (up from €43.40 loss in FY 2020). Net loss: €14.3m (loss widened 50% from FY 2020). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Over the next year, revenue is forecast to grow 43%, compared to a 16% growth forecast for the industry in Norway.공시 • Jan 28+ 4 more updatesBW Ideol AS to Report Q3, 2022 Results on Nov 09, 2022BW Ideol AS announced that they will report Q3, 2022 results on Nov 09, 2022주주 수익률BWIDLNO ConstructionNO 시장7D0%-1.1%-2.3%1Y53.6%10.7%19.1%전체 주주 수익률 보기수익률 대 산업: BWIDL은 지난 1년 동안 10.7%의 수익을 기록한 Norwegian Construction 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: BWIDL은 지난 1년 동안 19.1%를 기록한 Norwegian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is BWIDL's price volatile compared to industry and market?BWIDL volatilityBWIDL Average Weekly Movement12.2%Construction Industry Average Movement4.0%Market Average Movement5.7%10% most volatile stocks in NO Market11.9%10% least volatile stocks in NO Market3.3%안정적인 주가: BWIDL의 주가는 지난 3개월 동안 Norwegian 시장보다 변동성이 컸습니다.시간에 따른 변동성: BWIDL의 주간 변동성(12%)은 지난 1년 동안 안정적이었지만 Norwegian 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트201074Paul de la Guerivierewww.bw-ideol.com더 보기BW Ideol AS 기초 지표 요약BW Ideol의 순이익과 매출은 시가총액과 어떻게 비교됩니까?BWIDL 기초 통계시가총액NOK 371.82m순이익 (TTM)-NOK 228.11m매출 (TTM)NOK 45.30m8.2x주가매출비율(P/S)-1.6x주가수익비율(P/E)BWIDL는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표BWIDL 손익계산서 (TTM)매출€3.94m매출원가€11.77m총이익-€7.84m기타 비용€11.98m순이익-€19.81m최근 보고된 실적Sep 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)-0.63총이익률-199.16%순이익률-503.56%부채/자본 비율11.9%BWIDL의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/12/14 04:21종가2023/12/14 00:00수익2023/09/30연간 수익2022/12/31데이터 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 소스BW Ideol AS는 7명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Chr. Frederik LundeCarnegie Investment Bank ABJørgen BruasetNordea MarketsHakon FugluNordea Markets4명의 분석가 더 보기
공시 • Dec 08BW Sirocco Holdings AS (Offeror)completed the acquisition of 84.7 % stake in BW Ideol AS (OB : BWIDL).BW Sirocco Holdings AS (Offeror) made a recommended voluntary offer to acquire a 84.7 % stake in BW Ideol AS (OB : BWIDL) on November 9, 2023. Under the terms, eligible shareholders of BW Ideol will be offered a cash offer price of NOK 12 per Share and shares on 1:1 basis. The board of directors of BW Ideol (excluding its members having a conflict of interest with respect to the Offer) (the "Board") have unanimously resolved to recommend the shareholders of BW Ideol to accept the Offer. Transaction is subject to approval of regulatory board. The offer period is expected to commence on or about 14 November 14, 2023, following registration of the Offer Document with the Norwegian Register of Business Enterprises, and end on November 28, 2023. Following the completion of the Offer, the Offeror intends to carry out a compulsory acquisition to acquire the remaining Shares.Danske Bank, Norwegian Branch, is acting as financial advisor to the Offeror and receiving agent for the Offer. Advokatfirmaet Thommessen AS is acting as legal advisor to the Offeror. Carnegie AS is acting as financial advisor to the Board.BW Sirocco Holdings AS (Offeror)completed the acquisition of 84.7 % stake in BW Ideol AS (OB : BWIDL) on December 7, 2023. The Offeror intends to exercise its right of compulsory acquisition. The Offeror hereby announces that Offer has been completed, and that the settlement of the Offer has been made in accordance Settlement of the Cash Consideration) and Settlement of the Consideration Shares. Following the Settlement, and as of today, the Offeror holds in total 30,000,561 Shares, representing 95.21% of the Shares in BW Ideol. As on December 8, 2023, BW Sirocco Holdings AS announces exercise of the right of compulsory acquisition of the remaining shares in BW Ideol AS.
공시 • Nov 10BW Ideol to Apply Oslo Børs for the Delisting of its Shares from Euronext GrowthBW Sirocco Holdings AS (the "Offeror") announced a recommended voluntary offer to acquire all issued and outstanding shares (the "Shares") in BW Ideol AS ("BW Ideol" or the "Company") not already held by the Initiating Shareholders (as defined below), at an offer price of NOK 12 per Share (the "Offer Price"), to be settled in cash or shares in the Offeror (the "Offer"). Following the completion of the Offer, the Offeror intends to carry out a compulsory acquisition to acquire the remaining Shares, and the Offeror will propose that the general meeting of the Company resolves that the Company shall apply to Oslo Børs for the delisting of the Company's Shares from Euronext Growth.
Reported Earnings • Nov 10Third quarter 2023 earnings releasedThird quarter 2023 results: Net loss: €5.17m (loss widened 55% from 3Q 2022). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Construction industry in Norway.
New Risk • Sep 03New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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 (-€4.9m free cash flow). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr279.2m market cap, or US$26.2m).
New Risk • Aug 24New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€4.9m 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 (-€4.9m free cash flow). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr272.3m market cap, or US$25.5m).
Reported Earnings • Aug 24Second quarter 2023 earnings releasedSecond quarter 2023 results: Net loss: €5.38m (loss widened 27% from 2Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Construction industry in Norway.
공시 • Dec 08BW Sirocco Holdings AS (Offeror)completed the acquisition of 84.7 % stake in BW Ideol AS (OB : BWIDL).BW Sirocco Holdings AS (Offeror) made a recommended voluntary offer to acquire a 84.7 % stake in BW Ideol AS (OB : BWIDL) on November 9, 2023. Under the terms, eligible shareholders of BW Ideol will be offered a cash offer price of NOK 12 per Share and shares on 1:1 basis. The board of directors of BW Ideol (excluding its members having a conflict of interest with respect to the Offer) (the "Board") have unanimously resolved to recommend the shareholders of BW Ideol to accept the Offer. Transaction is subject to approval of regulatory board. The offer period is expected to commence on or about 14 November 14, 2023, following registration of the Offer Document with the Norwegian Register of Business Enterprises, and end on November 28, 2023. Following the completion of the Offer, the Offeror intends to carry out a compulsory acquisition to acquire the remaining Shares.Danske Bank, Norwegian Branch, is acting as financial advisor to the Offeror and receiving agent for the Offer. Advokatfirmaet Thommessen AS is acting as legal advisor to the Offeror. Carnegie AS is acting as financial advisor to the Board.BW Sirocco Holdings AS (Offeror)completed the acquisition of 84.7 % stake in BW Ideol AS (OB : BWIDL) on December 7, 2023. The Offeror intends to exercise its right of compulsory acquisition. The Offeror hereby announces that Offer has been completed, and that the settlement of the Offer has been made in accordance Settlement of the Cash Consideration) and Settlement of the Consideration Shares. Following the Settlement, and as of today, the Offeror holds in total 30,000,561 Shares, representing 95.21% of the Shares in BW Ideol. As on December 8, 2023, BW Sirocco Holdings AS announces exercise of the right of compulsory acquisition of the remaining shares in BW Ideol AS.
공시 • Nov 10BW Ideol to Apply Oslo Børs for the Delisting of its Shares from Euronext GrowthBW Sirocco Holdings AS (the "Offeror") announced a recommended voluntary offer to acquire all issued and outstanding shares (the "Shares") in BW Ideol AS ("BW Ideol" or the "Company") not already held by the Initiating Shareholders (as defined below), at an offer price of NOK 12 per Share (the "Offer Price"), to be settled in cash or shares in the Offeror (the "Offer"). Following the completion of the Offer, the Offeror intends to carry out a compulsory acquisition to acquire the remaining Shares, and the Offeror will propose that the general meeting of the Company resolves that the Company shall apply to Oslo Børs for the delisting of the Company's Shares from Euronext Growth.
Reported Earnings • Nov 10Third quarter 2023 earnings releasedThird quarter 2023 results: Net loss: €5.17m (loss widened 55% from 3Q 2022). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Construction industry in Norway.
New Risk • Sep 03New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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 (-€4.9m free cash flow). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr279.2m market cap, or US$26.2m).
New Risk • Aug 24New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€4.9m 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 (-€4.9m free cash flow). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr272.3m market cap, or US$25.5m).
Reported Earnings • Aug 24Second quarter 2023 earnings releasedSecond quarter 2023 results: Net loss: €5.38m (loss widened 27% from 2Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Construction industry in Norway.
Reported Earnings • May 18First quarter 2023 earnings releasedFirst quarter 2023 results: €0.16 loss per share. Net loss: €5.08m (loss widened 3.9% from 1Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Construction industry in Norway.
Reported Earnings • Feb 17Full year 2022 earnings released: €0.53 loss per share (vs €0.68 loss in FY 2021)Full year 2022 results: €0.53 loss per share. Net loss: €16.6m (loss widened 17% from FY 2021). Revenue is expected to decline by 20% p.a. on average during the next 2 years, while revenues in the Construction industry in Norway are expected to grow by 9.6%.
공시 • Dec 01+ 4 more updatesBW Ideol AS to Report Fiscal Year 2022 Results on Feb 16, 2023BW Ideol AS announced that they will report fiscal year 2022 results on Feb 16, 2023
Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Yngvil Asheim is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 11Third quarter 2022 earnings releasedThird quarter 2022 results: Net loss: €3.33m (loss widened 14% from 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in Norway.
Reported Earnings • Jul 29Second quarter 2022 earnings releasedSecond quarter 2022 results: Net loss: €4.23m (flat on 2Q 2021). Over the next year, revenue is forecast to grow 13%, compared to a 20% growth forecast for the industry in Norway.
공시 • Jun 24BW Ideol AS Announces the Resignation of Yasuhiro Matsui as A Non-Executive Director, Effective 24 June 2022BW Ideol AS announced that on 20 June 2022 the Company received the resignation of Yasuhiro Matsui as a non-executive director of the Company, due to his nomination as President and CEO of DBJ Securities. The resignation is effective 24 June 2022. The Board of directors will call for an extraordinary general meeting to elect a replacement for Mr. Matsui in due course.
Major Estimate Revision • May 19Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €4.10m to €4.68m. EPS estimate fell from -€0.44 to -€0.48 per share. Construction industry in Norway expected to see average net income growth of 31% next year. Consensus price target down from kr68.45 to kr64.38. Share price rose 2.4% to kr17.00 over the past week.
Reported Earnings • May 13First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: €0.15 loss per share. Net loss: €4.88m (flat on 1Q 2021). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 70%. Over the next year, revenue is forecast to grow 36%, compared to a 21% growth forecast for the industry in Norway.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Yngvil Asheim is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: €0.68 loss per share (up from €43.40 loss in FY 2020). Net loss: €14.3m (loss widened 50% from FY 2020). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Over the next year, revenue is forecast to grow 43%, compared to a 16% growth forecast for the industry in Norway.
공시 • Jan 28+ 4 more updatesBW Ideol AS to Report Q3, 2022 Results on Nov 09, 2022BW Ideol AS announced that they will report Q3, 2022 results on Nov 09, 2022