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Otello OB:OTEC Stock Report

Last Price

NOK 7.88

Market Cap

NOK 672.0m

7D

-4.8%

1Y

0.8%

Updated

26 Sep, 2024

Data

Company Financials

OTEC Stock Overview

Provides mobile solutions and platforms for digital payments, customer engagement, microfinance, and digital services in Norway.

OTEC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Otello Corporation ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Otello
Historical stock prices
Current Share PriceNOK 7.88
52 Week HighNOK 8.54
52 Week LowNOK 7.22
Beta1.1
11 Month Change-4.37%
3 Month Change3.14%
1 Year Change0.77%
33 Year Change-74.21%
5 Year Change-47.95%
Change since IPO-30.88%

Recent News & Updates

Recent updates

Otello's (OB:OTEC) Solid Profits Have Weak Fundamentals

Apr 28
Otello's (OB:OTEC) Solid Profits Have Weak Fundamentals

Does Otello (OB:OTEC) Have A Healthy Balance Sheet?

Mar 29
Does Otello (OB:OTEC) Have A Healthy Balance Sheet?

Otello Corporation ASA (OB:OTEC) Could Be Less Than A Year Away From Profitability

Mar 01
Otello Corporation ASA (OB:OTEC) Could Be Less Than A Year Away From Profitability

Have Insiders Been Buying Otello Corporation ASA (OB:OTEC) Shares?

Feb 02
Have Insiders Been Buying Otello Corporation ASA (OB:OTEC) Shares?

Did Otello's (OB:OTEC) Share Price Deserve to Gain 67%?

Jan 12
Did Otello's (OB:OTEC) Share Price Deserve to Gain 67%?

Do Institutions Own Otello Corporation ASA (OB:OTEC) Shares?

Dec 21
Do Institutions Own Otello Corporation ASA (OB:OTEC) Shares?

What Can We Conclude About Otello's (OB:OTELLO) CEO Pay?

Nov 30
What Can We Conclude About Otello's (OB:OTELLO) CEO Pay?

Shareholder Returns

OTECNO SoftwareNO Market
7D-4.8%0.3%0.2%
1Y0.8%65.6%-0.5%

Return vs Industry: OTEC underperformed the Norwegian Software industry which returned 65.6% over the past year.

Return vs Market: OTEC exceeded the Norwegian Market which returned -0.5% over the past year.

Price Volatility

Is OTEC's price volatile compared to industry and market?
OTEC volatility
OTEC Average Weekly Movement2.9%
Software Industry Average Movement5.6%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.3%
10% least volatile stocks in NO Market2.7%

Stable Share Price: OTEC has not had significant price volatility in the past 3 months.

Volatility Over Time: OTEC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19954Jason Hoidawww.otellocorp.com

Otello Corporation ASA provides mobile solutions and platforms for digital payments, customer engagement, microfinance, and digital services in Norway. It offers AdColony, a marketing platform focused on delivering advertising on mobile devices; and Skyfire, which enables mobile operators to optimize their network performance and quality, as well as operates as a mobile media and entertainment company. The company was formerly known as Opera Software ASA and changed its name to Otello Corporation ASA in January 2018.

Otello Corporation ASA Fundamentals Summary

How do Otello's earnings and revenue compare to its market cap?
OTEC fundamental statistics
Market capNOK 672.03m
Earnings (TTM)-NOK 186.50m
Revenue (TTM)n/a

0.0x

P/S Ratio

-3.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OTEC income statement (TTM)
RevenueUS$0
Cost of RevenueUS$2.11m
Gross Profit-US$2.11m
Other ExpensesUS$15.56m
Earnings-US$17.67m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 14, 2025

Earnings per share (EPS)-0.21
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did OTEC perform over the long term?

See historical performance and comparison