View Future GrowthThis company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsOrbital Infrastructure Group 과거 순이익 실적과거 기준 점검 0/6Orbital Infrastructure Group 의 수입은 연평균 -62.8%의 비율로 감소해 온 반면, Construction 산업은 연평균 28%의 비율로 증가했습니다. 매출은 연평균 56.5%의 비율로 증가해 왔습니다.핵심 정보-62.83%순이익 성장률-28.26%주당순이익(EPS) 성장률Construction 산업 성장률20.19%매출 성장률56.54%자기자본이익률n/a순이익률-77.41%최근 순이익 업데이트31 Mar 2023최근 과거 실적 업데이트Reported Earnings • May 16First quarter 2023 earnings released: US$4.60 loss per share (vs US$17.64 loss in 1Q 2022)First quarter 2023 results: US$4.60 loss per share (improved from US$17.64 loss in 1Q 2022). Revenue: US$80.2m (up 14% from 1Q 2022). Net loss: US$19.9m (loss narrowed 46% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings.Reported Earnings • Apr 09Full year 2022 earnings released: US$2.53 loss per share (vs US$0.85 loss in FY 2021)Full year 2022 results: US$2.53 loss per share (further deteriorated from US$0.85 loss in FY 2021). Revenue: US$322.2m (up 289% from FY 2021). Net loss: US$273.9m (loss widened 449% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 47% per year whereas the company’s share price has fallen by 45% per year.Reported Earnings • Nov 16Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: US$1.22 loss per share (further deteriorated from US$0.21 loss in 3Q 2021). Revenue: US$99.8m (up 143% from 3Q 2021). Net loss: US$141.4m (loss widened US$125.6m from 3Q 2021). Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has fallen by 37% per year and the company’s share price has also fallen by 37% per year.Reported Earnings • Aug 12Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: US$0.31 loss per share (down from US$0.16 loss in 2Q 2021). Revenue: US$93.9m (up 476% from 2Q 2021). Net loss: US$30.0m (loss widened 265% from 2Q 2021). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the next year, revenue is forecast to grow 81%, compared to a 11% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Apr 01Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: US$0.85 loss per share. Revenue: US$82.9m (up 116% from FY 2020). Net loss: US$49.9m (loss widened 64% from FY 2020). Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the next year, revenue is forecast to grow 299%, compared to a 18% growth forecast for the industry in the US.Reported Earnings • Nov 17Third quarter 2021 earnings released: US$0.16 loss per share (vs US$0.19 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$30.9m (up 127% from 3Q 2020). Net loss: US$10.1m (loss widened 77% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.모든 업데이트 보기Recent updates공시 • Dec 07Orbital Infrastructure Group, Inc. Files Form 15Orbital Infrastructure Group, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.001 per share.공시 • Nov 30Second Amended Combined Liquidation Plan and Disclosure Statement Approved for Orbital Infrastructure Group, Inc.The US Bankruptcy Court approved the second amended plan of liquidation of Orbital Infrastructure Group, Inc. on November 28, 2023. The debtor has filed its second amended plan in the Court on November 22, 2023. As per the amended plan, administrative expense claims, priority tax claims, U.S. trustee fees, professional fee claims and other priority claims shall be paid in full in cash. Other secured claims shall either be paid in cash or delivered collateral securing such claim. General unsecured claims and subordinated claims shall receive pro rata share of shares in liquidating interest. Intercompany claims, intercompany interests and interests in orbital shall be cancelled without distribution. The plan shall be funded from available cash and sale of assets.공시 • Nov 15Orbital Infrastructure Group, Inc. announced delayed 10-Q filingOn 11/14/2023, Orbital Infrastructure Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Oct 13Nasdaq to Delist the Common Stock of Orbital Infrastructure GroupNasdaq announced that it will delist the common stock of Orbital Infrastructure Group, Inc. The company's securities were suspended on August 29, 2023, and have not traded on Nasdaq since that time.공시 • Aug 31Nasdaq to File Form 25-NSE with SEC to Remove the Orbital Infrastructure's Common Stock from Listing and Registration on NasdaqOn August 24, 2023, the Orbital Infrastructure Group, Inc. received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, the Chapter 11 Cases served as an additional basis for delisting of the Company’s securities. The Company does not intend to appeal this determination. Trading of the Company’s common stock will be suspended at the opening of business on September 5, 2023, and Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s common stock from listing and registration on Nasdaq.공시 • Aug 30Orbital Infrastructure Group, Inc.(OTCPK:OIGB.Q) dropped from NASDAQ Composite IndexOrbital Infrastructure Group, Inc. has been dropped from Nasdaq Composite Index.공시 • Aug 25+ 1 more updateMotion for Joint Administration Filed by Orbital Infrastructure Group, Inc.Orbital Infrastructure Group, Inc., along with its affiliates, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on August 23, 2023. As per the motion, the debtor seeks the joint administration of the cases of its affiliates, Orbital Power, Inc., Reach Construction Group, LLC, Eclipse Foundation Group, Inc. and Orbital Gas Systems, North America, Inc., with its own case for administrative and procedural purposes. Orbital Infrastructure Group, Inc. has been proposed as the lead debtor.공시 • Aug 24Orbital Infrastructure Announces Receipt of Nasdaq Delinquency Letter Regarding Late Filing of Quarterly Report on Form 10-QOn August 23, 2023, Orbital Infrastructure Group Inc. announced that it received a letter from The Nasdaq Stock Market LLC (‘Nasdaq’) on August 18, 2023 notifying the Company that (i) the Company’s failure to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023, in violation of Nasdaq’s continued listing requirements under Nasdaq Listing Rule 5250(c)(1), serves as an additional basis for delisting the Company’s securities from Nasdaq, and (ii) the Nasdaq Hearings Panel will consider this matter in rendering a determination regarding the Company’s continued listing on Nasdaq. As previously disclosed, on December 28, 2022, the Company was notified by Nasdaq that the market value of its listed securities had been below the $35,000,000 minimum required for continued listing as set in Nasdaq Listing Rule 5550(b)(2) for the previous 30 consecutive trading days. In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days, or until June 26, 2023, to regain compliance with Nasdaq Listing Rule 5550(b)(2). To date, the Company has not regained compliance with Nasdaq Listing Rule 5550(b)(2). Under the Nasdaq Listing Rules, a company that receives a delist determination for delinquency can request an appeal to the Nasdaq Hearings Panel. A request for a hearing regarding a delinquent filing will stay the suspension of a company’s securities for a period of 15 days from the date of the request. However, Nasdaq has informed the Company that because the Company is already before the Nasdaq Hearings Panel for the Company’s failure to comply with Rule 5550(b)(2), the Company has seven days, or until August 25, 2023, to request a stay of the suspension of the Company’s securities, pending a decision from the Nasdaq Hearings Panel. This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.공시 • Aug 17Orbital Infrastructure Group, Inc. announced delayed 10-Q filingOn 08/15/2023, Orbital Infrastructure Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Jul 03Orbital Infrastructure Announces Not in Compliance with Listing Rule 5810(c)(3)(C)On December 28, 2022, Staff notified Orbital Infrastructure Group, Inc. that the market value of its listed securities had been below the $35,000,000 minimum required for continued listing as set in Listing Rule 5550(b)(2) for the previous 30 consecutive trading days. Therefore, in accordance with Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days, or until June 26, 2023, to regain compliance with the Rule. The Company has not regained compliance with the Rule. Accordingly, its securities will be delisted from The Nasdaq Capital Market. The Company intends to appeal the staff’s determination to the Panel on a timely basis, which will stay the suspension of the Company’s common stock. The Company intends to evaluate available options to regain compliance with the $35,000,000 Minimum Bid Requirement.Reported Earnings • May 16First quarter 2023 earnings released: US$4.60 loss per share (vs US$17.64 loss in 1Q 2022)First quarter 2023 results: US$4.60 loss per share (improved from US$17.64 loss in 1Q 2022). Revenue: US$80.2m (up 14% from 1Q 2022). Net loss: US$19.9m (loss narrowed 46% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings.Reported Earnings • Apr 09Full year 2022 earnings released: US$2.53 loss per share (vs US$0.85 loss in FY 2021)Full year 2022 results: US$2.53 loss per share (further deteriorated from US$0.85 loss in FY 2021). Revenue: US$322.2m (up 289% from FY 2021). Net loss: US$273.9m (loss widened 449% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 47% per year whereas the company’s share price has fallen by 45% per year.공시 • Jan 24Nasdaq Staff Notifies Orbital Infrastructure Group Regarding Non-Compliance with the Rule and Is Not Eligible for A Second 180 Day ExtensionOn July 19, 2022, Nasdaq notified Orbital Infrastructure Group, Inc. (we", us" or the Company") that the bid price of the company's common stock had closed at less than $1 per share over the previous 30 consecutive business days, and, as a result, did not comply with Listing Rule 5550(a)(2) (the Rule"). In accordance with Listing Rule 5810(c)(3)(A), the Company was provided 180 calendar days, or until January 16, 2023, to regain compliance with the Rule. On January 18, 2023, Nasdaq staff notified the Company it has not regained compliance with the Rule and is not eligible for a second 180 day extension and therefore subject to delisting unless the Company requests an appeal of this determination. The Company intends to appeal the staff's determination to the Panel on a timely basis, which will stay the suspension of the Company's common stock. The Company intends to actively monitor the closing bid price of its common stock and will evaluate available options to regain compliance with the Minimum Bid Requirement. As part of the Company's plan to regain compliance with the Rule, the Company has filed preliminary proxy materials on January 19, 2023 which, among other matters, request that the company's stockholders vote to approve a reverse stock split of the company's outstanding common stock, at a reverse stock split ratio ranging from any whole number between 10 for 1 and 40 for 1, subject to and determined by the board of directors (the Reverse Stock Split") with the goal being that the Reverse Stock Split will result in the Company's common stock regaining compliance with the Nasdaq minimum closing bid price requirement. However, there can be no assurance that the Company's stockholders will approve the Reverse Stock Split or that the Reverse Stock Split will increase the share price of the company's common stock at or above the required $1.00 per share, initially or in the future, or for any certain number of days. Further, there can be no assurance that, even if the Company regains compliance with the minimum closing bid price requirement by this action, it will occur in sufficient time to satisfy the Panel or that the Panel will ultimately grant the Company's request for continued listing.공시 • Jan 05Orbital Infrastructure Group Receives A Notification Letter from Nasdaq Regarding Minimum Market Value of Listed SecuritiesOn December 28 2022, Orbital Infrastructure Group, Inc. (Orbital Energy Group, Inc.) ("the Company") received a notification letter ("the Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with the minimum market value of listed securities (MVLS") requirement for continued listing set in Nasdaq Listing Rule 5550(b)(2). Nasdaq Listing Rule 5550(b)(2) requires listed securities to maintain a minimum MVLS of $35 million, and Listing Rule 5810(c)(3)(C) provides that a failure to meet the minimum MVLS requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice has no immediate effect on the listing of the Company's common stock, par value $0.001 per share (the Common Stock"), and its common stock will continue to trade on the Nasdaq Capital Market under the symbol "OIG" at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company has 180 calendar days, or until June 26, 2023, to regain compliance. If at any time before June 26, 2023, the Company's MVLS closes at or above $35 million for a minimum of 10 consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the minimum MVLS requirement, and the matter will be resolved. If the Company does not regain compliance or meet the alternative standards during the compliance period ending June 26, 2023, Nasdaq will provide written notification that the Common Stock will be subject to delisting. The Company would then be entitled to appeal that determination to a Nasdaq hearings panel. There can be no assurance that the Company will regain compliance with the minimum MVLS requirement during the 180-day compliance period. The Company intends to monitor the closing bid price of the Company's common stock and consider its available options to resolve the noncompliance with the MVLS. There can be no assurance that the Company will be able to regain compliance with the MVLS or will otherwise be in compliance with other Nasdaq listing criteria, including but not limited to the $1.00 minimum bid price requirement for continued listing set in Nasdaq Listing Rule 5550(a)(2) as more fully described in a Form 8-K filed on July 25, 2022.Major Estimate Revision • Nov 21Consensus revenue estimates fall by 16%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from US$426.3m to US$356.9m. Forecast losses increased from -US$0.84 to -US$2.05 per share. Construction industry in the US expected to see average net income growth of 27% next year. Consensus price target down from US$2.75 to US$1.50. Share price fell 7.4% to US$0.24 over the past week.Reported Earnings • Nov 16Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: US$1.22 loss per share (further deteriorated from US$0.21 loss in 3Q 2021). Revenue: US$99.8m (up 143% from 3Q 2021). Net loss: US$141.4m (loss widened US$125.6m from 3Q 2021). Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has fallen by 37% per year and the company’s share price has also fallen by 37% per year.Seeking Alpha • Aug 19Orbital Infrastructure announces $50M equity purchase dealOrbital Infrastructure (NASDAQ:OIG) on Friday announced a standby equity purchase agreement with Yorkville Advisors Global. This allows OIG to sell up to $50M of shares over the next 18 months.Reported Earnings • Aug 12Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: US$0.31 loss per share (down from US$0.16 loss in 2Q 2021). Revenue: US$93.9m (up 476% from 2Q 2021). Net loss: US$30.0m (loss widened 265% from 2Q 2021). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the next year, revenue is forecast to grow 81%, compared to a 11% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Seeking Alpha • Aug 10Orbital Energy Q2 Earnings PreviewOrbital Energy (NASDAQ:OIG) is scheduled to announce Q2 earnings results on Thursday, August 11th, before market open. The consensus EPS Estimate is -$0.46 (-187.5% Y/Y) and the consensus Revenue Estimate is $96.88M (+494.0% Y/Y). Over the last 1 year, OIG has beaten EPS estimates 0% of the time and has beaten revenue estimates 25% of the time.Board Change • Jul 26High number of new directorsIndependent Director Jerry Thornton was the last director to join the board, commencing their role in 2021.Price Target Changed • Jul 26Price target decreased to US$4.00Down from US$10.70, the current price target is provided by 1 analyst. New target price is 675% above last closing price of US$0.52. Stock is down 86% over the past year. The company is forecast to post a net loss per share of US$1.47 next year compared to a net loss per share of US$0.85 last year.Seeking Alpha • May 272022: A Turning Point For Orbital Energy GroupOrbital Energy stock has performed poorly in the past, parallel to its financial performance. The company's accretive acquisitions and strategic M&A transactions in the previous periods are showing quantifiable results with over 1100% YoY revenue growth. 2022 is poised to be a transformational year for the company with an almost 5 times expected revenue growth compared to 2021. I am bullish on the stock because of its aggressive growth potential coupled with attractive valuation metrics.Reported Earnings • Apr 01Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: US$0.85 loss per share. Revenue: US$82.9m (up 116% from FY 2020). Net loss: US$49.9m (loss widened 64% from FY 2020). Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the next year, revenue is forecast to grow 299%, compared to a 18% growth forecast for the industry in the US.분석 기사 • Mar 19We Think Orbital Energy Group (NASDAQ:OEG) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Seeking Alpha • Dec 06With Positive FCF In 2022, Orbital Energy's Stock May Spike UpOEG is developing a diversified energy infrastructure services platform. In the nine months ended September 30, 2021, the company reported 110% more revenue than that in the same period in 2020. Management is making these figures thanks to inorganic and organic growth. In my view, management is quite ambitious. In less than one year, OEG acquired and launched more than three new business models, which made sales growth spike up. It is great news that management may report positive figures next year. In my view, savvy individuals will be buying now, and would not wait until the whole market receives great news in 2022.Breakeven Date Change • Dec 05Forecast breakeven date pushed back to 2023The 2 analysts covering Orbital Energy Group previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 37% per year to 2022. The company is expected to make a profit of US$8.26m in 2023. Average annual earnings growth of 96% is required to achieve expected profit on schedule.Recent Insider Transactions • Nov 20Vice Chairman & CEO recently bought US$64k worth of stockOn the 18th of November, James O'Neil bought around 25k shares on-market at roughly US$2.58 per share. This was the largest purchase by an insider in the last 3 months. This was James' only on-market trade for the last 12 months.분석 기사 • Nov 17Is Orbital Energy Group (NASDAQ:OEG) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Nov 17Third quarter 2021 earnings released: US$0.16 loss per share (vs US$0.19 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$30.9m (up 127% from 3Q 2020). Net loss: US$10.1m (loss widened 77% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Price Target Changed • Sep 18Price target increased to US$10.70Up from US$9.33, the current price target is an average from 2 analysts. New target price is 245% above last closing price of US$3.10. Stock is up 495% over the past year.Board Change • Sep 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jerry Thornton was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Seeking Alpha • Aug 31Drill Deep Before Buying Orbital Energy GroupThere are mixed messages in articles from analysts about Orbital Energy Group. We're bearish for retail value investors to buy because of persistent losses. Hold it if you own it. A high debt-to-equity ratio exacerbates the company's position, and the recent diluting of shareholders plus too little cash on hand worry us. Orbital seems like a well-built collection of other companies in the power, energy, and network services businesses that potentially will benefit from massive government spending and a comeback economy.Reported Earnings • Aug 22Second quarter 2021 earnings released: US$0.16 loss per share (vs US$0.33 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$16.3m (up 110% from 2Q 2020). Net loss: US$8.21m (loss narrowed 17% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.분석 기사 • Aug 18Bearish: Analysts Just Cut Their Orbital Energy Group, Inc. (NASDAQ:OEG) Revenue and EPS estimatesToday is shaping up negative for Orbital Energy Group, Inc. ( NASDAQ:OEG ) shareholders, with the analysts delivering a...Major Estimate Revision • Aug 17Consensus revenue estimates fall to US$83.3mThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from US$100.3m to US$83.3m. Forecast losses increased from -US$0.47 to -US$0.72 per share. Construction industry in the US expected to see average net income growth of 22% next year. Consensus price target of US$9.67 unchanged from last update. Share price fell 14% to US$2.97 over the past week.Price Target Changed • Jul 27Price target decreased to US$9.67Down from US$10.67, the current price target is an average from 3 analysts. New target price is 169% above last closing price of US$3.59. Stock is up 496% over the past year.분석 기사 • Jul 19Orbital Energy Group (NASDAQ:OEG) Has Debt But No Earnings; Should You Worry?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Price Target Changed • Jun 10Price target decreased to US$11.00Down from US$14.50, the current price target is an average from 3 analysts. New target price is 111% above last closing price of US$5.22. Stock is up 646% over the past year.Major Estimate Revision • May 23Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 losses of -US$0.74 per share expected, vs -US$0.10 per share profit forecast previously. Revenue forecast reaffirmed at US$194.9m. Construction industry in the US expected to see average net income growth of 24% next year. Consensus price target down from US$14.50 to US$14.00. Share price was steady at US$3.36 over the past week.Price Target Changed • May 21Price target decreased to US$11.00Down from US$14.50, the current price target is an average from 3 analysts. New target price is 234% above last closing price of US$3.29. Stock is up 391% over the past year.Major Estimate Revision • May 19Consensus revenue estimates fall to US$115.7mThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from US$194.9m to US$115.7m. Forecast losses increased from -US$0.10 to -US$0.74 per share. Construction industry in the US expected to see average net income growth of 24% next year. Consensus price target down from US$15.02 to US$14.50. Share price rose 2.6% to US$3.55 over the past week.Major Estimate Revision • Apr 06Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from US$152.7m to US$201.7m. EPS estimate fell from -US$0.17 to -US$0.23 per share. Construction industry in the US expected to see average net income growth of 16% next year. Consensus price target of US$14.50 unchanged from last update. Share price rose 8.7% to US$5.76 over the past week.Reported Earnings • Apr 01Full year 2020 earnings released: US$1.01 loss per share (vs US$0.48 loss in FY 2019)The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$38.4m (up 64% from FY 2019). Net loss: US$30.4m (loss widened 123% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Recent Insider Transactions Derivative • Feb 23Executive Chairman exercised options to buy US$1.5m worth of stock.On the 16th of February, William Clough exercised options to buy 215k shares at a strike price of around US$6.00, costing a total of US$1.3m. This transaction amounted to 119% of their direct individual holding at the time of the trade. Since September 2020, William's direct individual holding has increased from 160.17k shares to 179.88k. Company insiders have collectively bought US$1.4m more than they sold, via options and on-market transactions, in the last 12 months.Is New 90 Day High Low • Feb 17New 90-day high: US$9.86The company is up 1,176% from its price of US$0.77 on 18 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$6.28 per share.Is New 90 Day High Low • Jan 23New 90-day high: US$5.00The company is up 539% from its price of US$0.78 on 23 October 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$1.48 per share.Is New 90 Day High Low • Dec 29New 90-day high: US$2.17The company is up 219% from its price of US$0.68 on 29 September 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$2.06 per share.Is New 90 Day High Low • Nov 24New 90-day high: US$1.83The company is up 198% from its price of US$0.61 on 25 August 2020. The American market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$1.38 per share.Analyst Estimate Surprise Post Earnings • Nov 22Revenue and earnings miss expectationsRevenue missed analyst estimates by 42%. Earnings per share (EPS) also missed analyst estimates by 20%. Over the next year, revenue is forecast to grow 218%, compared to a 10% growth forecast for the Electronic industry in the US.Reported Earnings • Nov 22Third quarter 2020 earnings released: US$0.19 loss per shareThe company reported a solid third quarter result with improved revenues and control over expenses, though losses increased. Third quarter 2020 results: Revenue: US$13.6m (up 124% from 3Q 2019). Net loss: US$5.74m (loss widened 77% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • Nov 18Analysts update estimatesThe 2020 consensus revenue estimate was lowered from US$71.4m to US$43.5m. Earning per share (EPS) estimate was unchanged from the last update at -US$0.77. The Electronic industry in the US is expected to see an average net income growth of 33% next year. The consensus price target of US$2.17 was unchanged from the last update. Share price is down by 7.8% to US$0.74 over the past week.매출 및 비용 세부 내역Orbital Infrastructure Group가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이OTCPK:OIGB.Q 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Mar 23332-25754031 Dec 22322-27447030 Sep 22305-22448030 Jun 22230-9245031 Mar 22148-7046031 Dec 2183-5050030 Sep 2136-3736030 Jun 2125-3332031 Mar 2121-3525031 Dec 2021-2621030 Sep 2033-2627030 Jun 2025-2325031 Mar 2024-1722031 Dec 1923-1420030 Sep 1925-2019030 Jun 1924-1919031 Mar 194-2214031 Dec 1820-2119030 Sep 1834-1822130 Jun 1851-1726131 Mar 1887-1235331 Dec 1719-1417030 Sep 1782-1034230 Jun 1783-933231 Mar 1784-833231 Dec 1686-734230 Sep 1689-634230 Jun 1691-634231 Mar 1690-533231 Dec 1586-633230 Sep 1583-731230 Jun 1579-730231 Mar 1576-629131 Dec 1476-326130 Sep 1473-325130 Jun 1469-123131 Mar 1467-122131 Dec 1361-120130 Sep 1357018130 Jun 1351-117131 Mar 1343-215131 Dec 1241-3161양질의 수익: OIGB.Q 은(는) 현재 수익성이 없습니다.이익 마진 증가: OIGB.Q는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: OIGB.Q은 수익성이 없으며 지난 5년 동안 손실이 연평균 62.8% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 OIGB.Q의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: OIGB.Q은 수익성이 없어 지난 해 수익 성장률을 Construction 업계(30.4%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: OIGB.Q의 부채가 자산을 초과하여 자본 수익률을 계산하기 어렵습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCapital-goods 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/12/09 08:09종가2023/12/07 00:00수익2023/03/31연간 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 소스Orbital Infrastructure Group, Inc.는 8명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jeffrey CampbellAlliance Global PartnersAlexander RygielB. Riley Securities, Inc.Edward StaceyCapital Network by Proactive Investors5명의 분석가 더 보기
Reported Earnings • May 16First quarter 2023 earnings released: US$4.60 loss per share (vs US$17.64 loss in 1Q 2022)First quarter 2023 results: US$4.60 loss per share (improved from US$17.64 loss in 1Q 2022). Revenue: US$80.2m (up 14% from 1Q 2022). Net loss: US$19.9m (loss narrowed 46% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Apr 09Full year 2022 earnings released: US$2.53 loss per share (vs US$0.85 loss in FY 2021)Full year 2022 results: US$2.53 loss per share (further deteriorated from US$0.85 loss in FY 2021). Revenue: US$322.2m (up 289% from FY 2021). Net loss: US$273.9m (loss widened 449% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 47% per year whereas the company’s share price has fallen by 45% per year.
Reported Earnings • Nov 16Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: US$1.22 loss per share (further deteriorated from US$0.21 loss in 3Q 2021). Revenue: US$99.8m (up 143% from 3Q 2021). Net loss: US$141.4m (loss widened US$125.6m from 3Q 2021). Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has fallen by 37% per year and the company’s share price has also fallen by 37% per year.
Reported Earnings • Aug 12Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: US$0.31 loss per share (down from US$0.16 loss in 2Q 2021). Revenue: US$93.9m (up 476% from 2Q 2021). Net loss: US$30.0m (loss widened 265% from 2Q 2021). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the next year, revenue is forecast to grow 81%, compared to a 11% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 01Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: US$0.85 loss per share. Revenue: US$82.9m (up 116% from FY 2020). Net loss: US$49.9m (loss widened 64% from FY 2020). Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the next year, revenue is forecast to grow 299%, compared to a 18% growth forecast for the industry in the US.
Reported Earnings • Nov 17Third quarter 2021 earnings released: US$0.16 loss per share (vs US$0.19 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$30.9m (up 127% from 3Q 2020). Net loss: US$10.1m (loss widened 77% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
공시 • Dec 07Orbital Infrastructure Group, Inc. Files Form 15Orbital Infrastructure Group, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.001 per share.
공시 • Nov 30Second Amended Combined Liquidation Plan and Disclosure Statement Approved for Orbital Infrastructure Group, Inc.The US Bankruptcy Court approved the second amended plan of liquidation of Orbital Infrastructure Group, Inc. on November 28, 2023. The debtor has filed its second amended plan in the Court on November 22, 2023. As per the amended plan, administrative expense claims, priority tax claims, U.S. trustee fees, professional fee claims and other priority claims shall be paid in full in cash. Other secured claims shall either be paid in cash or delivered collateral securing such claim. General unsecured claims and subordinated claims shall receive pro rata share of shares in liquidating interest. Intercompany claims, intercompany interests and interests in orbital shall be cancelled without distribution. The plan shall be funded from available cash and sale of assets.
공시 • Nov 15Orbital Infrastructure Group, Inc. announced delayed 10-Q filingOn 11/14/2023, Orbital Infrastructure Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Oct 13Nasdaq to Delist the Common Stock of Orbital Infrastructure GroupNasdaq announced that it will delist the common stock of Orbital Infrastructure Group, Inc. The company's securities were suspended on August 29, 2023, and have not traded on Nasdaq since that time.
공시 • Aug 31Nasdaq to File Form 25-NSE with SEC to Remove the Orbital Infrastructure's Common Stock from Listing and Registration on NasdaqOn August 24, 2023, the Orbital Infrastructure Group, Inc. received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, the Chapter 11 Cases served as an additional basis for delisting of the Company’s securities. The Company does not intend to appeal this determination. Trading of the Company’s common stock will be suspended at the opening of business on September 5, 2023, and Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s common stock from listing and registration on Nasdaq.
공시 • Aug 30Orbital Infrastructure Group, Inc.(OTCPK:OIGB.Q) dropped from NASDAQ Composite IndexOrbital Infrastructure Group, Inc. has been dropped from Nasdaq Composite Index.
공시 • Aug 25+ 1 more updateMotion for Joint Administration Filed by Orbital Infrastructure Group, Inc.Orbital Infrastructure Group, Inc., along with its affiliates, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on August 23, 2023. As per the motion, the debtor seeks the joint administration of the cases of its affiliates, Orbital Power, Inc., Reach Construction Group, LLC, Eclipse Foundation Group, Inc. and Orbital Gas Systems, North America, Inc., with its own case for administrative and procedural purposes. Orbital Infrastructure Group, Inc. has been proposed as the lead debtor.
공시 • Aug 24Orbital Infrastructure Announces Receipt of Nasdaq Delinquency Letter Regarding Late Filing of Quarterly Report on Form 10-QOn August 23, 2023, Orbital Infrastructure Group Inc. announced that it received a letter from The Nasdaq Stock Market LLC (‘Nasdaq’) on August 18, 2023 notifying the Company that (i) the Company’s failure to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023, in violation of Nasdaq’s continued listing requirements under Nasdaq Listing Rule 5250(c)(1), serves as an additional basis for delisting the Company’s securities from Nasdaq, and (ii) the Nasdaq Hearings Panel will consider this matter in rendering a determination regarding the Company’s continued listing on Nasdaq. As previously disclosed, on December 28, 2022, the Company was notified by Nasdaq that the market value of its listed securities had been below the $35,000,000 minimum required for continued listing as set in Nasdaq Listing Rule 5550(b)(2) for the previous 30 consecutive trading days. In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days, or until June 26, 2023, to regain compliance with Nasdaq Listing Rule 5550(b)(2). To date, the Company has not regained compliance with Nasdaq Listing Rule 5550(b)(2). Under the Nasdaq Listing Rules, a company that receives a delist determination for delinquency can request an appeal to the Nasdaq Hearings Panel. A request for a hearing regarding a delinquent filing will stay the suspension of a company’s securities for a period of 15 days from the date of the request. However, Nasdaq has informed the Company that because the Company is already before the Nasdaq Hearings Panel for the Company’s failure to comply with Rule 5550(b)(2), the Company has seven days, or until August 25, 2023, to request a stay of the suspension of the Company’s securities, pending a decision from the Nasdaq Hearings Panel. This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.
공시 • Aug 17Orbital Infrastructure Group, Inc. announced delayed 10-Q filingOn 08/15/2023, Orbital Infrastructure Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Jul 03Orbital Infrastructure Announces Not in Compliance with Listing Rule 5810(c)(3)(C)On December 28, 2022, Staff notified Orbital Infrastructure Group, Inc. that the market value of its listed securities had been below the $35,000,000 minimum required for continued listing as set in Listing Rule 5550(b)(2) for the previous 30 consecutive trading days. Therefore, in accordance with Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days, or until June 26, 2023, to regain compliance with the Rule. The Company has not regained compliance with the Rule. Accordingly, its securities will be delisted from The Nasdaq Capital Market. The Company intends to appeal the staff’s determination to the Panel on a timely basis, which will stay the suspension of the Company’s common stock. The Company intends to evaluate available options to regain compliance with the $35,000,000 Minimum Bid Requirement.
Reported Earnings • May 16First quarter 2023 earnings released: US$4.60 loss per share (vs US$17.64 loss in 1Q 2022)First quarter 2023 results: US$4.60 loss per share (improved from US$17.64 loss in 1Q 2022). Revenue: US$80.2m (up 14% from 1Q 2022). Net loss: US$19.9m (loss narrowed 46% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Apr 09Full year 2022 earnings released: US$2.53 loss per share (vs US$0.85 loss in FY 2021)Full year 2022 results: US$2.53 loss per share (further deteriorated from US$0.85 loss in FY 2021). Revenue: US$322.2m (up 289% from FY 2021). Net loss: US$273.9m (loss widened 449% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 47% per year whereas the company’s share price has fallen by 45% per year.
공시 • Jan 24Nasdaq Staff Notifies Orbital Infrastructure Group Regarding Non-Compliance with the Rule and Is Not Eligible for A Second 180 Day ExtensionOn July 19, 2022, Nasdaq notified Orbital Infrastructure Group, Inc. (we", us" or the Company") that the bid price of the company's common stock had closed at less than $1 per share over the previous 30 consecutive business days, and, as a result, did not comply with Listing Rule 5550(a)(2) (the Rule"). In accordance with Listing Rule 5810(c)(3)(A), the Company was provided 180 calendar days, or until January 16, 2023, to regain compliance with the Rule. On January 18, 2023, Nasdaq staff notified the Company it has not regained compliance with the Rule and is not eligible for a second 180 day extension and therefore subject to delisting unless the Company requests an appeal of this determination. The Company intends to appeal the staff's determination to the Panel on a timely basis, which will stay the suspension of the Company's common stock. The Company intends to actively monitor the closing bid price of its common stock and will evaluate available options to regain compliance with the Minimum Bid Requirement. As part of the Company's plan to regain compliance with the Rule, the Company has filed preliminary proxy materials on January 19, 2023 which, among other matters, request that the company's stockholders vote to approve a reverse stock split of the company's outstanding common stock, at a reverse stock split ratio ranging from any whole number between 10 for 1 and 40 for 1, subject to and determined by the board of directors (the Reverse Stock Split") with the goal being that the Reverse Stock Split will result in the Company's common stock regaining compliance with the Nasdaq minimum closing bid price requirement. However, there can be no assurance that the Company's stockholders will approve the Reverse Stock Split or that the Reverse Stock Split will increase the share price of the company's common stock at or above the required $1.00 per share, initially or in the future, or for any certain number of days. Further, there can be no assurance that, even if the Company regains compliance with the minimum closing bid price requirement by this action, it will occur in sufficient time to satisfy the Panel or that the Panel will ultimately grant the Company's request for continued listing.
공시 • Jan 05Orbital Infrastructure Group Receives A Notification Letter from Nasdaq Regarding Minimum Market Value of Listed SecuritiesOn December 28 2022, Orbital Infrastructure Group, Inc. (Orbital Energy Group, Inc.) ("the Company") received a notification letter ("the Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with the minimum market value of listed securities (MVLS") requirement for continued listing set in Nasdaq Listing Rule 5550(b)(2). Nasdaq Listing Rule 5550(b)(2) requires listed securities to maintain a minimum MVLS of $35 million, and Listing Rule 5810(c)(3)(C) provides that a failure to meet the minimum MVLS requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice has no immediate effect on the listing of the Company's common stock, par value $0.001 per share (the Common Stock"), and its common stock will continue to trade on the Nasdaq Capital Market under the symbol "OIG" at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company has 180 calendar days, or until June 26, 2023, to regain compliance. If at any time before June 26, 2023, the Company's MVLS closes at or above $35 million for a minimum of 10 consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the minimum MVLS requirement, and the matter will be resolved. If the Company does not regain compliance or meet the alternative standards during the compliance period ending June 26, 2023, Nasdaq will provide written notification that the Common Stock will be subject to delisting. The Company would then be entitled to appeal that determination to a Nasdaq hearings panel. There can be no assurance that the Company will regain compliance with the minimum MVLS requirement during the 180-day compliance period. The Company intends to monitor the closing bid price of the Company's common stock and consider its available options to resolve the noncompliance with the MVLS. There can be no assurance that the Company will be able to regain compliance with the MVLS or will otherwise be in compliance with other Nasdaq listing criteria, including but not limited to the $1.00 minimum bid price requirement for continued listing set in Nasdaq Listing Rule 5550(a)(2) as more fully described in a Form 8-K filed on July 25, 2022.
Major Estimate Revision • Nov 21Consensus revenue estimates fall by 16%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from US$426.3m to US$356.9m. Forecast losses increased from -US$0.84 to -US$2.05 per share. Construction industry in the US expected to see average net income growth of 27% next year. Consensus price target down from US$2.75 to US$1.50. Share price fell 7.4% to US$0.24 over the past week.
Reported Earnings • Nov 16Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: US$1.22 loss per share (further deteriorated from US$0.21 loss in 3Q 2021). Revenue: US$99.8m (up 143% from 3Q 2021). Net loss: US$141.4m (loss widened US$125.6m from 3Q 2021). Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has fallen by 37% per year and the company’s share price has also fallen by 37% per year.
Seeking Alpha • Aug 19Orbital Infrastructure announces $50M equity purchase dealOrbital Infrastructure (NASDAQ:OIG) on Friday announced a standby equity purchase agreement with Yorkville Advisors Global. This allows OIG to sell up to $50M of shares over the next 18 months.
Reported Earnings • Aug 12Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: US$0.31 loss per share (down from US$0.16 loss in 2Q 2021). Revenue: US$93.9m (up 476% from 2Q 2021). Net loss: US$30.0m (loss widened 265% from 2Q 2021). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the next year, revenue is forecast to grow 81%, compared to a 11% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Seeking Alpha • Aug 10Orbital Energy Q2 Earnings PreviewOrbital Energy (NASDAQ:OIG) is scheduled to announce Q2 earnings results on Thursday, August 11th, before market open. The consensus EPS Estimate is -$0.46 (-187.5% Y/Y) and the consensus Revenue Estimate is $96.88M (+494.0% Y/Y). Over the last 1 year, OIG has beaten EPS estimates 0% of the time and has beaten revenue estimates 25% of the time.
Board Change • Jul 26High number of new directorsIndependent Director Jerry Thornton was the last director to join the board, commencing their role in 2021.
Price Target Changed • Jul 26Price target decreased to US$4.00Down from US$10.70, the current price target is provided by 1 analyst. New target price is 675% above last closing price of US$0.52. Stock is down 86% over the past year. The company is forecast to post a net loss per share of US$1.47 next year compared to a net loss per share of US$0.85 last year.
Seeking Alpha • May 272022: A Turning Point For Orbital Energy GroupOrbital Energy stock has performed poorly in the past, parallel to its financial performance. The company's accretive acquisitions and strategic M&A transactions in the previous periods are showing quantifiable results with over 1100% YoY revenue growth. 2022 is poised to be a transformational year for the company with an almost 5 times expected revenue growth compared to 2021. I am bullish on the stock because of its aggressive growth potential coupled with attractive valuation metrics.
Reported Earnings • Apr 01Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: US$0.85 loss per share. Revenue: US$82.9m (up 116% from FY 2020). Net loss: US$49.9m (loss widened 64% from FY 2020). Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the next year, revenue is forecast to grow 299%, compared to a 18% growth forecast for the industry in the US.
분석 기사 • Mar 19We Think Orbital Energy Group (NASDAQ:OEG) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Seeking Alpha • Dec 06With Positive FCF In 2022, Orbital Energy's Stock May Spike UpOEG is developing a diversified energy infrastructure services platform. In the nine months ended September 30, 2021, the company reported 110% more revenue than that in the same period in 2020. Management is making these figures thanks to inorganic and organic growth. In my view, management is quite ambitious. In less than one year, OEG acquired and launched more than three new business models, which made sales growth spike up. It is great news that management may report positive figures next year. In my view, savvy individuals will be buying now, and would not wait until the whole market receives great news in 2022.
Breakeven Date Change • Dec 05Forecast breakeven date pushed back to 2023The 2 analysts covering Orbital Energy Group previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 37% per year to 2022. The company is expected to make a profit of US$8.26m in 2023. Average annual earnings growth of 96% is required to achieve expected profit on schedule.
Recent Insider Transactions • Nov 20Vice Chairman & CEO recently bought US$64k worth of stockOn the 18th of November, James O'Neil bought around 25k shares on-market at roughly US$2.58 per share. This was the largest purchase by an insider in the last 3 months. This was James' only on-market trade for the last 12 months.
분석 기사 • Nov 17Is Orbital Energy Group (NASDAQ:OEG) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Nov 17Third quarter 2021 earnings released: US$0.16 loss per share (vs US$0.19 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$30.9m (up 127% from 3Q 2020). Net loss: US$10.1m (loss widened 77% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Price Target Changed • Sep 18Price target increased to US$10.70Up from US$9.33, the current price target is an average from 2 analysts. New target price is 245% above last closing price of US$3.10. Stock is up 495% over the past year.
Board Change • Sep 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jerry Thornton was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Seeking Alpha • Aug 31Drill Deep Before Buying Orbital Energy GroupThere are mixed messages in articles from analysts about Orbital Energy Group. We're bearish for retail value investors to buy because of persistent losses. Hold it if you own it. A high debt-to-equity ratio exacerbates the company's position, and the recent diluting of shareholders plus too little cash on hand worry us. Orbital seems like a well-built collection of other companies in the power, energy, and network services businesses that potentially will benefit from massive government spending and a comeback economy.
Reported Earnings • Aug 22Second quarter 2021 earnings released: US$0.16 loss per share (vs US$0.33 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$16.3m (up 110% from 2Q 2020). Net loss: US$8.21m (loss narrowed 17% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
분석 기사 • Aug 18Bearish: Analysts Just Cut Their Orbital Energy Group, Inc. (NASDAQ:OEG) Revenue and EPS estimatesToday is shaping up negative for Orbital Energy Group, Inc. ( NASDAQ:OEG ) shareholders, with the analysts delivering a...
Major Estimate Revision • Aug 17Consensus revenue estimates fall to US$83.3mThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from US$100.3m to US$83.3m. Forecast losses increased from -US$0.47 to -US$0.72 per share. Construction industry in the US expected to see average net income growth of 22% next year. Consensus price target of US$9.67 unchanged from last update. Share price fell 14% to US$2.97 over the past week.
Price Target Changed • Jul 27Price target decreased to US$9.67Down from US$10.67, the current price target is an average from 3 analysts. New target price is 169% above last closing price of US$3.59. Stock is up 496% over the past year.
분석 기사 • Jul 19Orbital Energy Group (NASDAQ:OEG) Has Debt But No Earnings; Should You Worry?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Price Target Changed • Jun 10Price target decreased to US$11.00Down from US$14.50, the current price target is an average from 3 analysts. New target price is 111% above last closing price of US$5.22. Stock is up 646% over the past year.
Major Estimate Revision • May 23Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 losses of -US$0.74 per share expected, vs -US$0.10 per share profit forecast previously. Revenue forecast reaffirmed at US$194.9m. Construction industry in the US expected to see average net income growth of 24% next year. Consensus price target down from US$14.50 to US$14.00. Share price was steady at US$3.36 over the past week.
Price Target Changed • May 21Price target decreased to US$11.00Down from US$14.50, the current price target is an average from 3 analysts. New target price is 234% above last closing price of US$3.29. Stock is up 391% over the past year.
Major Estimate Revision • May 19Consensus revenue estimates fall to US$115.7mThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from US$194.9m to US$115.7m. Forecast losses increased from -US$0.10 to -US$0.74 per share. Construction industry in the US expected to see average net income growth of 24% next year. Consensus price target down from US$15.02 to US$14.50. Share price rose 2.6% to US$3.55 over the past week.
Major Estimate Revision • Apr 06Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from US$152.7m to US$201.7m. EPS estimate fell from -US$0.17 to -US$0.23 per share. Construction industry in the US expected to see average net income growth of 16% next year. Consensus price target of US$14.50 unchanged from last update. Share price rose 8.7% to US$5.76 over the past week.
Reported Earnings • Apr 01Full year 2020 earnings released: US$1.01 loss per share (vs US$0.48 loss in FY 2019)The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$38.4m (up 64% from FY 2019). Net loss: US$30.4m (loss widened 123% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Recent Insider Transactions Derivative • Feb 23Executive Chairman exercised options to buy US$1.5m worth of stock.On the 16th of February, William Clough exercised options to buy 215k shares at a strike price of around US$6.00, costing a total of US$1.3m. This transaction amounted to 119% of their direct individual holding at the time of the trade. Since September 2020, William's direct individual holding has increased from 160.17k shares to 179.88k. Company insiders have collectively bought US$1.4m more than they sold, via options and on-market transactions, in the last 12 months.
Is New 90 Day High Low • Feb 17New 90-day high: US$9.86The company is up 1,176% from its price of US$0.77 on 18 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$6.28 per share.
Is New 90 Day High Low • Jan 23New 90-day high: US$5.00The company is up 539% from its price of US$0.78 on 23 October 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$1.48 per share.
Is New 90 Day High Low • Dec 29New 90-day high: US$2.17The company is up 219% from its price of US$0.68 on 29 September 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$2.06 per share.
Is New 90 Day High Low • Nov 24New 90-day high: US$1.83The company is up 198% from its price of US$0.61 on 25 August 2020. The American market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$1.38 per share.
Analyst Estimate Surprise Post Earnings • Nov 22Revenue and earnings miss expectationsRevenue missed analyst estimates by 42%. Earnings per share (EPS) also missed analyst estimates by 20%. Over the next year, revenue is forecast to grow 218%, compared to a 10% growth forecast for the Electronic industry in the US.
Reported Earnings • Nov 22Third quarter 2020 earnings released: US$0.19 loss per shareThe company reported a solid third quarter result with improved revenues and control over expenses, though losses increased. Third quarter 2020 results: Revenue: US$13.6m (up 124% from 3Q 2019). Net loss: US$5.74m (loss widened 77% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • Nov 18Analysts update estimatesThe 2020 consensus revenue estimate was lowered from US$71.4m to US$43.5m. Earning per share (EPS) estimate was unchanged from the last update at -US$0.77. The Electronic industry in the US is expected to see an average net income growth of 33% next year. The consensus price target of US$2.17 was unchanged from the last update. Share price is down by 7.8% to US$0.74 over the past week.