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Elliptic Laboratories OB:ELABS Stock Report

Last Price

NOK 10.54

Market Cap

NOK 1.1b

7D

2.5%

1Y

-42.1%

Updated

18 Dec, 2024

Data

Company Financials +

Elliptic Laboratories ASA

OB:ELABS Stock Report

Market Cap: NOK 1.1b

ELABS Stock Overview

An artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive industries in Norway, the United States, China, South Korea, Taiwan, and Japan. More details

ELABS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Earnings are forecast to grow 111.37% per year

Risk Analysis

Has less than 1 year of cash runway

Does not have a meaningful market cap (NOK1B)


My Notes

Capture your thoughts, links and company narrative

Elliptic Laboratories ASA Competitors

Spir Group

OB:SPIR

NOK 1.2b

Mintra Holding

OB:MNTR

NOK 891.0m

Ørn Software Holding

OB:ORN

NOK 585.3m

River Tech

OB:RIVER

NOK 359.7m

Price History & Performance

Summary of share price highs, lows and changes for Elliptic Laboratories
Historical stock prices
Current Share PriceNOK 10.54
52 Week HighNOK 18.72
52 Week LowNOK 8.50
Beta0.85
1 Month Change4.15%
3 Month Change-20.63%
1 Year Change-42.09%
3 Year Change-61.81%
5 Year Changen/a
Change since IPO-31.34%

Recent News & Updates

Recent updates

Shareholder Returns

ELABSNO SoftwareNO Market
7D2.5%1.6%-2.4%
1Y-42.1%38.4%-0.3%

Return vs Industry: ELABS underperformed the Norwegian Software industry which returned 37.7% over the past year.

Return vs Market: ELABS underperformed the Norwegian Market which returned -0.1% over the past year.

Price Volatility

Is ELABS's price volatile compared to industry and market?
ELABS volatility
ELABS Average Weekly Movement6.1%
Software Industry Average Movement5.4%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.2%
10% least volatile stocks in NO Market2.7%

Stable Share Price: ELABS has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: ELABS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200687Laila Danielsenwww.ellipticlabs.com

Elliptic Laboratories ASA, an artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive industries in Norway, the United States, China, South Korea, Taiwan, and Japan. The company offers AI Virtual Human Presence Sensor, a presence-detection solution used to improve the security of data stored on devices and to allow intuitive responses based on natural human interaction; AI Virtual Proximity Sensor that enables exquisite full-screen devices; and AI Virtual Connection Sensor that allows to pair and authenticate smart devices in the same room. It also provides AI Virtual Position Sensor which automatically detects the location of an external display in relation to a laptop; AI Virtual Gesture Sensor, a touch-free ultrasound gesture technology, that enables touchless user interactions; AI Virtual Breathing sensor that enables to track person’s breathing; and AI Virtual heart Sensor that tracks a person’s heart rate.

Elliptic Laboratories ASA Fundamentals Summary

How do Elliptic Laboratories's earnings and revenue compare to its market cap?
ELABS fundamental statistics
Market capNOK 1.11b
Earnings (TTM)-NOK 22.17m
Revenue (TTM)NOK 93.56m

11.9x

P/S Ratio

-50.0x

P/E Ratio

Is ELABS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELABS income statement (TTM)
RevenueNOK 93.56m
Cost of RevenueNOK 84.07m
Gross ProfitNOK 9.49m
Other ExpensesNOK 31.66m
Earnings-NOK 22.17m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 27, 2025

Earnings per share (EPS)-0.21
Gross Margin10.14%
Net Profit Margin-23.70%
Debt/Equity Ratio1.0%

How did ELABS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 08:29
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
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

Elliptic Laboratories ASA is covered by 0 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution