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Observe Medical OB:OBSRV Stock Report

Last Price

NOK 0.45

Market Cap

NOK 110.6m

7D

13.9%

1Y

28.9%

Updated

18 Dec, 2024

Data

Company Financials

OBSRV Stock Overview

Engages in developing and commercializing medical technology products for patients, healthcare professionals, and hospitals in Norway, Sweden, the United States, and rest of European countries. More details

OBSRV fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Observe Medical ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Observe Medical
Historical stock prices
Current Share PriceNOK 0.45
52 Week HighNOK 0.58
52 Week LowNOK 0.26
Beta0.38
1 Month Change49.50%
3 Month Change21.29%
1 Year Change28.94%
3 Year Change-97.44%
5 Year Change-95.98%
Change since IPO-92.50%

Recent News & Updates

Is Observe Medical (OB:OBSRV) Using Too Much Debt?

Jun 27
Is Observe Medical (OB:OBSRV) Using Too Much Debt?

Recent updates

Is Observe Medical (OB:OBSRV) Using Too Much Debt?

Jun 27
Is Observe Medical (OB:OBSRV) Using Too Much Debt?

Observe Medical (OB:OBSRV) Is Making Moderate Use Of Debt

Sep 23
Observe Medical (OB:OBSRV) Is Making Moderate Use Of Debt

Is Observe Medical (OB:OBSRV) Using Debt In A Risky Way?

Jun 07
Is Observe Medical (OB:OBSRV) Using Debt In A Risky Way?

Here's Why Observe Medical (OB:OBSRV) Can Afford Some Debt

Feb 08
Here's Why Observe Medical (OB:OBSRV) Can Afford Some Debt

We Think Observe Medical (OB:OBSRV) Has A Fair Chunk Of Debt

Sep 11
We Think Observe Medical (OB:OBSRV) Has A Fair Chunk Of Debt

Observe Medical (OB:OBSRV) Is Making Moderate Use Of Debt

Mar 02
Observe Medical (OB:OBSRV) Is Making Moderate Use Of Debt

Shareholder Returns

OBSRVNO Medical EquipmentNO Market
7D13.9%-0.2%-2.3%
1Y28.9%6.7%-0.1%

Return vs Industry: OBSRV exceeded the Norwegian Medical Equipment industry which returned 6.7% over the past year.

Return vs Market: OBSRV exceeded the Norwegian Market which returned -0.1% over the past year.

Price Volatility

Is OBSRV's price volatile compared to industry and market?
OBSRV volatility
OBSRV Average Weekly Movement14.6%
Medical Equipment Industry Average Movement6.2%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

Stable Share Price: OBSRV's share price has been volatile over the past 3 months compared to the Norwegian market.

Volatility Over Time: OBSRV's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
20099Jorgen Mannobservemedical.com

Observe Medical ASA engages in developing and commercializing medical technology products for patients, healthcare professionals, and hospitals in Norway, Sweden, the United States, and rest of European countries. It offers Sippi, a digital and automated urine measurement system for urine monitoring and biofilm control; and Biim, a wireless pocketable ultrasound device for display of the ultrasound image and video for nurses and medical staff. The company also offers Unometer, Safeti Plus, Unometer 500, UnoMeter, and AbdoPressure products used for drainage, collection, and measurement of urine output from patients, as well as provides medtech devices and disposables within urine measurement, anesthesiology/ICUs, and wound care products.

Observe Medical ASA Fundamentals Summary

How do Observe Medical's earnings and revenue compare to its market cap?
OBSRV fundamental statistics
Market capNOK 110.56m
Earnings (TTM)-NOK 47.68m
Revenue (TTM)NOK 29.18m

3.8x

P/S Ratio

-2.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OBSRV income statement (TTM)
RevenueNOK 29.18m
Cost of RevenueNOK 19.18m
Gross ProfitNOK 10.00m
Other ExpensesNOK 57.68m
Earnings-NOK 47.68m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.19
Gross Margin34.26%
Net Profit Margin-163.41%
Debt/Equity Ratio52.1%

How did OBSRV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 02:09
End of Day Share Price 2024/12/18 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Observe Medical ASA is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution