OTOVOO Stock Overview

Operates an online marketplace for solar installations in Norway. More details

OTOVOO fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 78.3% below our estimate of its fair value

Revenue is forecast to grow 27.13% per year

Risk Analysis

Shares are highly illiquid

Shareholders have been substantially diluted in the past year

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

Does not have a meaningful market cap (NOK366M)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Otovo ASA Competitors

Gelion

AIM:GELN

UK£23.1m

Ilika

AIM:IKA

UK£36.8m

Checkit

AIM:CKT

UK£19.4m

Pod Point Group Holdings

LSE:PODP

UK£20.0m

Price History & Performance

Summary of share price highs, lows and changes for Otovo
Historical stock prices
Current Share Price	NOK 1.48
52 Week High	NOK 0
52 Week Low	NOK 0
Beta	0.95
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0%

Recent updates

Shareholder Returns

	OTOVOO	GB Electrical	GB Market
7D	0%	1.6%	0.8%
1Y	n/a	-16.6%	2.7%

Return vs Industry: Insufficient data to determine how OTOVOO performed against the UK Electrical industry.

Return vs Market: Insufficient data to determine how OTOVOO performed against the UK Market.

Price Volatility

Is OTOVOO's price volatile compared to industry and market?
OTOVOO volatility
OTOVOO Average Weekly Movement	n/a
Electrical Industry Average Movement	7.8%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.4%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: OTOVOO has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine OTOVOO's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2015	387	Andreas Thorsheim	www.otovo.no

Otovo ASA, together with its subsidiaries, operates an online marketplace for solar installations in Norway. It operates through Marketplace and Subscription SPV segments. The company develops and manages an online sales platform, which provides subscription for solar panel installations and related products for private households.

Otovo ASA Fundamentals Summary

How do Otovo's earnings and revenue compare to its market cap?
OTOVOO fundamental statistics
Market cap	NOK 366.06m
Earnings (TTM)	-NOK 417.34m
Revenue (TTM)	NOK 885.31m

0.4x

P/S Ratio

-0.9x

P/E Ratio

Is OTOVOO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OTOVOO income statement (TTM)
Revenue	NOK 885.31m
Cost of Revenue	NOK 702.78m
Gross Profit	NOK 182.53m
Other Expenses	NOK 599.87m
Earnings	-NOK 417.34m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 20, 2024

Earnings per share (EPS)	-1.48
Gross Margin	20.62%
Net Profit Margin	-47.14%
Debt/Equity Ratio	33.9%

How did OTOVOO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/08/07 15:50
End of Day Share Price	2024/05/10 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Otovo ASA is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Helene Brondbo	DNB Markets
Magnus Solheim	Fearnley Securities
Gard Aarvik	Pareto Securities

Otovo BATS-CHIXE:OTOVOO Stock Report