Otovo (BATS-CHIXE:OTOVOO) - Stock Price, News & Analysis

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

Otovo ASA Competitors

Gelion

AIM:GELN

UK£23.1m

Ilika

AIM:IKA

UK£35.6m

Checkit

AIM:CKT

UK£21.1m

Pod Point Group Holdings

LSE:PODP

UK£19.1m

Price History & Performance

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

Recent updates

Shareholder Returns

	OTOVOO	GB Electrical	GB Market
7D	0%	-4.3%	1.7%
1Y	n/a	-10.2%	8.4%

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	7.3%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.3%
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

Otovo BATS-CHIXE:OTOVOO Stock Report