Ovzon (DB:OVZ) - Stock Price, News & Analysis

OVZ Stock Overview

Ovzon AB (publ) provides mobile broadband services in Sweden.

OVZ fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 88.3% below our estimate of its fair value

Earnings are forecast to grow 91.32% per year

Risk Analysis

Shareholders have been substantially diluted in the past year

Highly volatile share price over the past 3 months

Has less than 1 year of cash runway

Ovzon AB (publ) Competitors

NFON

XTRA:NFN

€102.7m

ecotel communication ag

XTRA:E4C

€52.1m

Fibergate

TSE:9450

JP¥23.5b

REDtone Digital Berhad

KLSE:REDTONE

RM796.1m

Price History & Performance

Summary of all time highs, changes and price drops for Ovzon
Historical stock prices
Current Share Price	kr1.32
52 Week High	kr3.01
52 Week Low	kr0.45
Beta	1.23
1 Month Change	2.48%
3 Month Change	33.54%
1 Year Change	-55.93%
3 Year Change	-81.41%
5 Year Change	n/a
Change since IPO	-80.12%

Recent updates

Shareholder Returns

	OVZ	DE Telecom	DE Market
7D	7.3%	1.4%	2.5%
1Y	-55.9%	4.3%	6.0%

Return vs Industry: OVZ underperformed the German Telecom industry which returned 4.3% over the past year.

Return vs Market: OVZ underperformed the German Market which returned 6% over the past year.

Price Volatility

Is OVZ's price volatile compared to industry and market?
OVZ volatility
OVZ Average Weekly Movement	10.5%
Telecom Industry Average Movement	3.4%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	10.3%
10% least volatile stocks in DE Market	2.4%

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

Volatility Over Time: OVZ's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2006	46	Per Noren	www.ovzon.com

Ovzon AB (publ) provides mobile broadband services in Sweden. The company offers services combining high-bandwidth satellite -based communication services. It serves government and defense sectors.

Ovzon AB (publ) Fundamentals Summary

How do Ovzon's earnings and revenue compare to its market cap?
OVZ fundamental statistics
Market cap	€150.93m
Earnings (TTM)	-€7.19m
Revenue (TTM)	€26.72m

5.6x

P/S Ratio

-21.0x

P/E Ratio

Is OVZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OVZ income statement (TTM)
Revenue	kr312.00m
Cost of Revenue	kr300.00m
Gross Profit	kr12.00m
Other Expenses	kr96.00m
Earnings	-kr84.00m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 16, 2024

Earnings per share (EPS)	-0.75
Gross Margin	3.85%
Net Profit Margin	-26.92%
Debt/Equity Ratio	40.3%

How did OVZ perform over the long term?

See historical performance and comparison

OVZ Stock Overview

Rewards

Risk Analysis

Ovzon AB (publ) Competitors

XTRA:NFN

€102.7m

XTRA:E4C

€52.1m

TSE:9450

JP¥23.5b

KLSE:REDTONE

RM796.1m

Price History & Performance

Recent News & Updates

Ovzon Launches Two New SATCOM-as-a-Service Offerings

Ovzon AB Appoints Viktor Bremer as Interim CFO

Ovzon AB (Publ) Announces Board Changes

Full year 2023 earnings released: kr1.10 loss per share (vs kr0.70 loss in FY 2022)

Full year 2023 earnings released: kr1.10 loss per share (vs kr0.71 loss in FY 2022)

New minor risk - Market cap size

Recent updates

Ovzon Launches Two New SATCOM-as-a-Service Offerings

Ovzon AB Appoints Viktor Bremer as Interim CFO

Ovzon AB (Publ) Announces Board Changes

Full year 2023 earnings released: kr1.10 loss per share (vs kr0.70 loss in FY 2022)

Full year 2023 earnings released: kr1.10 loss per share (vs kr0.71 loss in FY 2022)

New minor risk - Market cap size

Ovzon AB (Publ) Announces Resignation of Noora Jayasekara as CFO

New major risk - Shareholder dilution

Ovzon AB (publ) Updates Revenue Outlook for 2023

Ovzon AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 250.943661 million.

Ovzon AB (publ) to Report Q2, 2024 Results on Aug 16, 2024

Third quarter 2023 earnings released: kr0.54 loss per share (vs kr0.039 profit in 3Q 2022)

Ovzon AB (publ), Annual General Meeting, Apr 19, 2024

New major risk - Share price stability

Ovzon AB (publ) to Report Fiscal Year 2023 Results on Mar 22, 2024

New minor risk - Profitability

Second quarter 2023 earnings released: kr0.43 loss per share (vs kr0.32 profit in 2Q 2022)

New minor risk - Profitability

Ovzon Launches New Mobile Satellite Terminal - Ovzon T7

Ovzon AB (Publ) Announces Executive Changes

Now 22% undervalued after recent price drop

First quarter 2023 earnings released: kr0.36 loss per share (vs kr0.23 loss in 1Q 2022)

Full year 2022 earnings released: kr0.041 loss per share (vs kr1.78 loss in FY 2021)

Ovzon AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 199.999999 million.

Ovzon AB Reschedules the Launch of Ovzon 3 and Selects SpaceX as the Launch Provider

Third quarter 2022 earnings released: EPS: kr0.039 (vs kr0.26 loss in 3Q 2021)

Ovzon AB (publ) to Report Q1, 2023 Results on Apr 27, 2023

Ovzon AB (publ) Provides Sales Guidance for the Year 2022

Ovzon AB Appoints Nomination Committee for the AGM 2023

Ovzon AB (Publ) Appoints Noora Jayasekara as New CFO, Effective from November 1, 2022

Ovzon AB (publ) Appoints Pål Jernhag as Interim CFO

Second quarter 2022 earnings released: EPS: kr0.32 (vs kr0.83 loss in 2Q 2021)

Ovzon AB (Publ) Announces Sales Guidance for 2022

Ovzon AB (publ) Announces Leaving of Johan Brandt as CFO

First quarter 2022 earnings released: kr0.23 loss per share (vs kr0.24 loss in 1Q 2021)

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Ovzon Provides Sales Guidance for 2022

Ovzon Reschedules Launch of the Ovzon 3 Satellite Until the Second Half of 2022

Ovzon AB (publ) to Report Fiscal Year 2021 Results on Mar 25, 2022

Third quarter 2021 earnings released: kr0.26 loss per share (vs kr0.65 loss in 3Q 2020)

Second quarter 2021 earnings released: kr0.83 loss per share (vs kr1.42 loss in 2Q 2020)

First quarter 2021 earnings released: kr0.24 loss per share (vs kr0.98 profit in 1Q 2020)

Full year 2020 earnings released: kr2.52 loss per share (vs kr0.93 profit in FY 2019)

Full year 2020 earnings released: kr2.52 loss per share (vs kr0.93 profit in FY 2019)

Revenue misses expectations

Ovzon AB (publ) Announces Executive Changes

Ovzon Receives ISO 9001 Certification

New 90-day high: €9.78

New 90-day high: €7.45

Ovzon Appoints Fgh Security Distributor in France

Ovzon Wins Renews Contract from IGC

New 90-day low: €5.47

Ovzon Gets First Order Through Airbus

Ovzon Introduces Ovzon Go

Third-quarter earnings released: Revenue misses expectations

Third quarter earnings released

Ovzon Signs Strategic Agreement with Hellas-Sat

Ovzon Sets New Benchmark for High Bandwidth to Rotary Wing Aircraft

First half earnings released