Q-Free Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Q-Free.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Electronic earnings growth	19.0%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	None
Last updated	n/a

Recent future growth updates

Recent updates

Is Q-Free (OB:QFR) A Risky Investment?

Sep 28

There's No Escaping Q-Free ASA's (OB:QFR) Muted Revenues Despite A 105% Share Price Rise

Sep 28

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 Q-Free 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.

Earnings and Revenue Growth Forecasts

OB:QFR - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2023	1,144	-2	84	166	N/A
6/30/2023	1,054	-4	16	95	N/A
3/31/2023	978	9	-11	65	N/A
12/31/2022	949	3	21	92	N/A
9/30/2022	856	47	-17	43	N/A
6/30/2022	845	63	40	90	N/A
3/31/2022	884	57	87	128	N/A
12/31/2021	860	59	52	88	N/A
9/30/2021	903	0	64	91	N/A
6/30/2021	909	-12	54	79	N/A
3/31/2021	879	-32	49	74	N/A
12/31/2020	889	-41	43	67	N/A
9/30/2020	880	-68	54	85	N/A
6/30/2020	913	-46	73	107	N/A
3/31/2020	941	-45	-8	25	N/A
12/31/2019	962	-50	2	38	N/A
9/30/2019	958	-6	-15	21	N/A
6/30/2019	933	-37	-46	-8	N/A
3/31/2019	908	-22	140	184	N/A
12/31/2018	889	-8	115	158	N/A
9/30/2018	912	8	93	135	N/A
6/30/2018	927	-5	93	131	N/A
3/31/2018	942	-15	-53	-21	N/A
12/31/2017	973	-11	-81	-51	N/A
9/30/2017	947	-24	-74	-38	N/A
6/30/2017	911	-45	N/A	-80	N/A
3/31/2017	899	-46	N/A	-113	N/A
12/31/2016	873	-53	N/A	-73	N/A
9/30/2016	807	-203	N/A	-79	N/A
6/30/2016	832	-173	N/A	-62	N/A
3/31/2016	783	-167	N/A	-44	N/A
12/31/2015	764	-188	N/A	-22	N/A
9/30/2015	846	-59	N/A	23	N/A
6/30/2015	799	-52	N/A	32	N/A
3/31/2015	807	-58	N/A	40	N/A
12/31/2014	785	-29	N/A	63	N/A
9/30/2014	680	-75	N/A	28	N/A
6/30/2014	674	-67	N/A	57	N/A
3/31/2014	635	-70	N/A	8	N/A
12/31/2013	605	-112	N/A	-33	N/A
9/30/2013	660	-29	N/A	29	N/A
6/30/2013	644	-53	N/A	-51	N/A
3/31/2013	610	-72	N/A	6	N/A
12/31/2012	593	-35	N/A	-20	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if QFR's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if QFR's earnings are forecast to grow faster than the Norwegian market

High Growth Earnings: Insufficient data to determine if QFR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if QFR's revenue is forecast to grow faster than the Norwegian market.

High Growth Revenue: Insufficient data to determine if QFR's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if QFR's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/12/15 21:04
End of Day Share Price	2023/12/15 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Q-Free ASA is covered by 7 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Aksel Øverland Engebakken	ABG Sundal Collier
Eirik Øritsland	ABG Sundal Collier Sponsored
Markus Bjerke	Arctic Securities ASA

Q-Free Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates fall from profit to kr0.16 loss

Price target decreased to kr9.50

Q-Free ASA Reiterates Earnings Guidance for the Year 2025

Q-Free ASA Reiterates Revenue Guidance for the Year 2025

Q-Free Asa Provides Revenue Guidance for 2021

Recent updates

Q-Free ASA Announces Executive Changes

Q-Free ASA Announces Executive Changes

Guardian Capital Group Limited (TSX:GCG.A) completed the acquisition of additional 62.8% stake in Q-Free ASA (OB:QFR) from Rieber & Søn As.

Is Q-Free (OB:QFR) A Risky Investment?

There's No Escaping Q-Free ASA's (OB:QFR) Muted Revenues Despite A 105% Share Price Rise

Second quarter 2023 earnings released: EPS: kr0.07 (vs kr0.18 in 2Q 2022)

First quarter 2023 earnings released: EPS: kr0.01 (vs kr0.05 loss in 1Q 2022)

Consensus EPS estimates fall from profit to kr0.16 loss

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Q-Free ASA to Report Fiscal Year 2022 Final Results on Apr 27, 2023

Q-Free ASA to Report Q1, 2023 Results on Apr 27, 2023

Price target decreased to kr9.50

Less than half of directors are independent

President & CEO recently bought kr269k worth of stock

Third quarter 2022 earnings released: kr0.01 loss per share (vs kr0.13 profit in 3Q 2021)

Q-Free Asa Announces CFO Changes

Second quarter 2022 earnings released: EPS: kr0.18 (vs kr0.13 in 2Q 2021)

Q-Free ASA Appoints Thale Kuvås Solberg as Chief Executive Officer

Now 20% undervalued

Q-Free ASA Reiterates Earnings Guidance for the Year 2025

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Chairman of the Board recently bought kr214k worth of stock

Chairman of the Board recently bought kr214k worth of stock

Chairman of the Board recently bought kr214k worth of stock

Chairman of the Board recently bought kr214k worth of stock

Q-Free ASA Reiterates Revenue Guidance for the Year 2025

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Director recently bought kr504k worth of stock

Chief Financial Officer recently bought kr97k worth of stock

Third quarter 2021 earnings released: EPS kr0.13 (vs kr0.03 in 3Q 2020)

An unknown buyer cancelled the acquisition of Q-Free ASA (OB:QFR) from Rieberg & Soen AS and other shareholders for NOK 1.2 billion.

First quarter 2021 earnings released: kr0.05 loss per share (vs kr0.15 loss in 1Q 2020)

Q-Free Asa Provides Revenue Guidance for 2021

Q-Free Announces Traffic Management Contract in the USA - NOK 60 Million

Q-Free ASA Appoints Trond Christensen as Its Permanent CFO

Ferde AS Awards Contract to Q-Free

New 90-day high: kr5.70

Insider Buying: The Q-Free ASA (OB:QFR) Director Just Bought 67% More Shares

Full year 2020 earnings released: kr0.46 loss per share (vs kr0.56 loss in FY 2019)

Director recently bought kr257k worth of stock

Q-Free Announces Traffic Management Contract in the US - NOK 90 Million

Q-Free Signs Tolling Contract in Sweden

A Look At Q-Free's (OB:QFR) Share Price Returns

Conduent Transportation LLC Selects Q-Free to Provide New York Toll Agencies with Q-Free's Intradaâ®

New 90-day high: kr5.60

Rieberg & Soen AS made an offer to acquire remaining 58.94% stake in Q-Free ASA (OB:QFR).

New 90-day high: kr5.25

Does Q-Free's (OB:QFR) CEO Salary Compare Well With Industry Peers?

Q-Free Receives Orders for Weigh-In-Motion Solutions in Ukraine and Saudi Arabia

New 90-day high: kr4.90

Third quarter earnings released

Q-Free ASA Receives NOK 20 Million Order

Q-Free Receives Extension of Tolling SW Contract - NOK 30 Million

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources