Major Estimate Revision • Jun 08
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from €128.9m to €134.4m. EPS estimate increased from €0.541 to €0.602 per share. Net income forecast to grow 37% next year vs 16% growth forecast for Construction industry in Norway. Consensus price target down from kr61.00 to kr59.25. Share price was steady at kr59.80 over the past week. Price Target Changed • Jun 01
Price target decreased by 8.1% to kr59.25 Down from kr64.50, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of kr60.60. Stock is up 40% over the past year. The company is forecast to post earnings per share of €0.60 for next year compared to €0.42 last year. Reported Earnings • May 24
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: €0.077 (up from €0.058 in 1Q 2025). Revenue: €34.4m (up 36% from 1Q 2025). Net income: €3.08m (up 34% from 1Q 2025). Profit margin: 8.9% (down from 9.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Construction industry in Norway. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 24
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: €0.42 (up from €0.11 in FY 2024). Revenue: €106.2m (up 91% from FY 2024). Net income: €16.7m (up 291% from FY 2024). Profit margin: 16% (up from 7.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Construction industry in Norway. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Price Target Changed • Mar 04
Price target decreased by 12% to kr57.00 Down from kr64.50, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of kr58.50. Stock is up 42% over the past year. The company is forecast to post earnings per share of €0.34 for next year compared to €0.11 last year. Announcement • Feb 27
Integrated Wind Solutions ASA announces Quarterly dividend, payable on March 11, 2026 Integrated Wind Solutions ASA announced Quarterly dividend of NOK 1.0000 per share payable on March 11, 2026, ex-date on March 02, 2026 and record date on March 03, 2026. Price Target Changed • Feb 17
Price target increased by 10% to kr64.50 Up from kr58.50, the current price target is an average from 2 analysts. New target price is 13% above last closing price of kr57.00. Stock is up 47% over the past year. The company is forecast to post earnings per share of €0.34 for next year compared to €0.11 last year. Major Estimate Revision • Dec 02
Consensus revenue estimates fall by 13% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €95.1m to €82.7m. EPS estimate fell from €0.253 to €0.227 per share. Net income forecast to grow 30% next year vs 11% growth forecast for Construction industry in Norway. Consensus price target of kr57.00 unchanged from last update. Share price rose 3.5% to kr44.00 over the past week. Reported Earnings • Nov 26
Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2025 results: EPS: €0.12 (up from €0.049 in 3Q 2024). Revenue: €24.1m (up 44% from 3Q 2024). Net income: €4.74m (up 145% from 3Q 2024). Profit margin: 20% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates by 73%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Construction industry in Norway. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Sep 30
Consensus revenue estimates increase by 15% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from €82.7m to €95.2m. EPS estimate increased from €0.225 to €0.253 per share. Net income forecast to grow 28% next year vs 12% growth forecast for Construction industry in Norway. Consensus price target of kr64.00 unchanged from last update. Share price fell 2.2% to kr45.95 over the past week. Price Target Changed • Sep 25
Price target increased by 20% to kr62.00 Up from kr51.50, the current price target is provided by 1 analyst. New target price is 34% above last closing price of kr46.30. Stock is down 7.0% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.11 last year. Reported Earnings • Aug 27
Second quarter 2025 earnings released: EPS: €0.10 (vs €0.014 in 2Q 2024) Second quarter 2025 results: EPS: €0.10 (up from €0.014 in 2Q 2024). Revenue: €28.5m (up 129% from 2Q 2024). Net income: €4.03m (up €3.46m from 2Q 2024). Profit margin: 14% (up from 4.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in Norway. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 23
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: €0.058 (up from €0.067 loss in 1Q 2024). Revenue: €25.2m (up 382% from 1Q 2024). Net income: €2.30m (up €4.91m from 1Q 2024). Profit margin: 9.1% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Norway. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Mar 14
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €91.7m to €83.0m. EPS estimate also fell from €0.265 per share to €0.228 per share. Net income forecast to grow 108% next year vs 43% growth forecast for Construction industry in Norway. Consensus price target of kr51.00 unchanged from last update. Share price was steady at kr39.50 over the past week. Reported Earnings • Feb 26
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: €0.11 (up from €0.034 loss in FY 2023). Revenue: €56.4m (up 150% from FY 2023). Net income: €4.29m (up €5.58m from FY 2023). Profit margin: 7.6% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 9.4%. Earnings per share (EPS) also surpassed analyst estimates by 44%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Construction industry in Norway. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Feb 25
Consensus EPS estimates fall by 25%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €50.3m to €51.7m. EPS estimate fell from €0.102 to €0.076 per share. Net income forecast to grow 1,390% next year vs 44% growth forecast for Construction industry in Norway. Consensus price target broadly unchanged at kr51.00. Share price was steady at kr39.50 over the past week. Price Target Changed • Feb 24
Price target decreased by 7.3% to kr51.00 Down from kr55.00, the current price target is an average from 2 analysts. New target price is 31% above last closing price of kr39.00. Stock is down 9.3% over the past year. The company is forecast to post earnings per share of €0.10 next year compared to a net loss per share of €0.034 last year. Major Estimate Revision • Feb 11
Consensus EPS estimates fall by 21%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €50.9m to €52.9m. EPS estimate fell from €0.104 to €0.082 per share. Net income forecast to grow 1,314% next year vs 79% growth forecast for Construction industry in Norway. Consensus price target of kr56.33 unchanged from last update. Share price rose 2.6% to kr39.40 over the past week. Announcement • Jan 17
Integrated Wind Solutions ASA has filed a Follow-on Equity Offering in the amount of NOK 30 million. Integrated Wind Solutions ASA has filed a Follow-on Equity Offering in the amount of NOK 30 million.
Security Name: Shares
Security Type: Common Stock Reported Earnings • Nov 29
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: €0.049 (up from €0.014 loss in 3Q 2023). Revenue: €16.8m (up 209% from 3Q 2023). Net income: €1.94m (up €2.48m from 3Q 2023). Profit margin: 12% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Construction industry in Norway. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Sep 10
Integrated Wind Solutions ASA (OB:IWS) exercises the option to acquire an additional 19% stake in PEAK Wind ApS for DKK 66.5 million. Integrated Wind Solutions ASA (OB:IWS) exercises the option to acquire an additional 19% stake in PEAK Wind ApS for DKK 66.5 million on September 9, 2024. The purchase price for the additional 19% shares is DKK 66.5 million, with adjustments for net cash. The transaction will be settled using cash held by IWS. Upon completion, Integrated Wind Solutions ASA will own 49% stake in PEAK Wind ApS. The transaction is expected to be completed in September 2024. New Risk • Aug 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€71m free cash flow). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Price Target Changed • Jun 26
Price target increased by 15% to kr55.00 Up from kr48.00, the current price target is provided by 1 analyst. New target price is 12% above last closing price of kr49.00. Stock is up 23% over the past year. The company is forecast to post earnings per share of €0.10 next year compared to a net loss per share of €0.034 last year. New Risk • Jun 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€71m free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). Reported Earnings • Jun 04
First quarter 2024 earnings released: €0.067 loss per share (vs €0.02 loss in 1Q 2023) First quarter 2024 results: €0.067 loss per share (further deteriorated from €0.02 loss in 1Q 2023). Revenue: €5.40m (down 1.1% from 1Q 2023). Net loss: €2.61m (loss widened 275% from 1Q 2023). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Construction industry in Norway. Reported Earnings • Apr 25
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: €0.034 loss per share (improved from €0.10 loss in FY 2022). Revenue: €22.6m (up 5.9% from FY 2022). Net loss: €1.30m (loss narrowed 51% from FY 2022). Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates by 68%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Construction industry in Norway. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 27
Full year 2023 earnings released: €0.034 loss per share (vs €0.098 loss in FY 2022) Full year 2023 results: €0.034 loss per share (improved from €0.098 loss in FY 2022). Revenue: €23.0m (up 12% from FY 2022). Net loss: €1.30m (loss narrowed 49% from FY 2022). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Construction industry in Norway. Reported Earnings • Nov 24
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: kr0.16 loss per share (improved from kr0.26 loss in 3Q 2022). Revenue: kr63.1m (up 8.0% from 3Q 2022). Net loss: kr6.20m (loss narrowed 18% from 3Q 2022). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 64%. Revenue is forecast to grow 66% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Construction industry in Norway. New Risk • Oct 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-kr417m free cash flow). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (37% increase in shares outstanding). Price Target Changed • Jun 23
Price target increased by 10% to kr53.00 Up from kr48.00, the current price target is an average from 2 analysts. New target price is 32% above last closing price of kr40.00. Stock is up 16% over the past year. The company is forecast to post a net loss per share of kr1.96 next year compared to a net loss per share of kr1.03 last year. Major Estimate Revision • Jun 23
Consensus revenue estimates fall by 11% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr293.8m to kr260.0m. Forecast losses increased from -kr0.76 to -kr1.96 per share. Construction industry in Norway expected to see average net income growth of 11% next year. Consensus price target down from kr48.00 to kr46.50. Share price rose 4.2% to kr39.60 over the past week. Breakeven Date Change • Feb 20
Forecast breakeven date pushed back to 2024 The 2 analysts covering Integrated Wind Solutions previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 21% per year to 2023. The company is expected to make a profit of kr37.9m in 2024. Average annual earnings growth of 92% is required to achieve expected profit on schedule. Announcement • Feb 02
Integrated Wind Solutions ASA announced that it has received NOK 349.99998 million in funding from Awilco AS, QVT Financial LP On January 31, 2023, Integrated Wind Solutions ASA closed the transaction. Recent Insider Transactions • Dec 15
Non-Executive Director recently bought kr200k worth of stock On the 8th of December, Cathrine Haavind bought around 6k shares on-market at roughly kr32.00 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Synne Syrrist was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 15
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Synne Syrrist was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Synne Syrrist was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.