Desert Control (DB:8KT) - Stock Price, News & Analysis

8KT Stock Overview

Provides climate-smart agri-tech solutions to combat desertification, soil degradation, and water scarcity in sandy soil regions in the United Arab Emirates and the United States.

About the company

8KT fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Revenue is forecast to grow 105.72% per year

Risk Analysis

Makes less than USD$1m in revenue (NOK2M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

Does not have a meaningful market cap (€418M)

+ 1 more risk

Desert Control AS Competitors

IBU-tec advanced materials

XTRA:IBU

€43.1m

BRAIN Biotech

XTRA:BNN

€32.1m

K+S

XTRA:SDF

€2.0b

Greenland Resources

DB:M0LY

€41.5m

Price History & Performance

Summary of all time highs, changes and price drops for Desert Control
Historical stock prices
Current Share Price	NOK 0.64
52 Week High	NOK 0.77
52 Week Low	NOK 0.43
Beta	1.2
11 Month Change	23.94%
3 Month Change	-1.23%
1 Year Change	5.25%
33 Year Change	-70.35%
5 Year Change	n/a
Change since IPO	-66.80%

Recent updates

Shareholder Returns

	8KT	DE Chemicals	DE Market
7D	25.9%	2.6%	0.2%
1Y	5.2%	7.3%	7.6%

Return vs Industry: 8KT matched the German Chemicals industry which returned 6.2% over the past year.

Return vs Market: 8KT underperformed the German Market which returned 6.8% over the past year.

Price Volatility

Is 8KT's price volatile compared to industry and market?
8KT volatility
8KT Average Weekly Movement	10.7%
Chemicals Industry Average Movement	4.6%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 8KT's share price has been volatile over the past 3 months.

Volatility Over Time: 8KT's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2017	20	Ole Sivertsen	www.desertcontrol.com

Desert Control AS provides climate-smart agri-tech solutions to combat desertification, soil degradation, and water scarcity in sandy soil regions in the United Arab Emirates and the United States. The company offers liquid natural clay (LNC) technology that enables sustainable ecosystem management by restoring and protecting soil’s ability to preserve water and enhance yields for agriculture, forests, and green landscapes. Desert Control AS was incorporated in 2017 and is headquartered in Sandnes, Norway.

Desert Control AS Fundamentals Summary

How do Desert Control's earnings and revenue compare to its market cap?
8KT fundamental statistics
Market cap	€35.73m
Earnings (TTM)	-€5.49m
Revenue (TTM)	€151.18k

236.3x

P/S Ratio

-6.5x

P/E Ratio

Is 8KT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8KT income statement (TTM)
Revenue	NOK 1.77m
Cost of Revenue	NOK 242.00k
Gross Profit	NOK 1.53m
Other Expenses	NOK 65.86m
Earnings	-NOK 64.33m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 15, 2024

Earnings per share (EPS)	-1.20
Gross Margin	86.33%
Net Profit Margin	-3,634.46%
Debt/Equity Ratio	0%

How did 8KT perform over the long term?

See historical performance and comparison

Desert Control DB:8KT Stock Report