Axxis Geo Solutions ASA operates as an ocean bottom node seismic company. More Details
+ 2 more risks
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Axxis Geo Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXXIS is more volatile than 90% of Norwegian stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: AXXIS's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
7 Day Return
NO Energy Services
1 Year Return
NO Energy Services
Return vs Industry: AXXIS underperformed the Norwegian Energy Services industry which returned 29.8% over the past year.
Return vs Market: AXXIS underperformed the Norwegian Market which returned 32.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Axxis Geo Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Axxis Geo Solutions undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Axxis Geo Solutions is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Axxis Geo Solutions has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
How is Axxis Geo Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Axxis Geo Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Axxis Geo Solutions performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXXIS is currently unprofitable.
Growing Profit Margin: AXXIS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AXXIS is unprofitable, and losses have increased over the past 5 years at a rate of 35.7% per year.
Accelerating Growth: Unable to compare AXXIS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AXXIS is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-4.6%).
Return on Equity
High ROE: AXXIS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Axxis Geo Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: AXXIS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AXXIS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AXXIS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AXXIS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AXXIS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AXXIS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.6% each year
What is Axxis Geo Solutions's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXXIS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AXXIS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AXXIS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXXIS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AXXIS's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Ronny Bohn serves as Chief Executive Oficer at Axxis Geo Solutions ASA since August 08, 2020. Mr. Bohn has experience from the seismic industry and has held management positions as vice president of ma...
Experienced Management: AXXIS's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: AXXIS's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 3178.1%.
Axxis Geo Solutions ASA's company bio, employee growth, exchange listings and data sources
- Name: Axxis Geo Solutions ASA
- Ticker: AXXIS
- Exchange: OB
- Founded: 2006
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: kr287.305m
- Shares outstanding: 1.93b
- Website: https://www.axxisgeo.com
Number of Employees
- Axxis Geo Solutions ASA
- Strandveien 50
Axxis Geo Solutions ASA operates as an ocean bottom node seismic company. The company delivers tailored seismic solutions; and provides flexible project management and execution services to oil and gas com...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/21 21:40|
|End of Day Share Price||2021/06/21 00:00|
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.