Iconovo Future Growth

Future criteria checks 2/6

Iconovo is forecast to grow earnings and revenue by 60.7% and 44.1% per annum respectively. EPS is expected to grow by 67.8% per annum. Return on equity is forecast to be -14.1% in 3 years.

Key information

60.7%

Earnings growth rate

67.8%

EPS growth rate

Medical Equipment earnings growth	22.6%
Revenue growth rate	44.1%
Future return on equity	-14.1%
Analyst coverage	Low
Last updated	26 Apr 2024

Recent future growth updates

When Will Iconovo AB (publ) (STO:ICO) Turn A Profit?

Mar 18

Recent updates

Iconovo AB (publ)'s (STO:ICO) Intrinsic Value Is Potentially 37% Above Its Share Price

Jun 13

Companies Like Iconovo (STO:ICO) Can Afford To Invest In Growth

Apr 13

When Will Iconovo AB (publ) (STO:ICO) Turn A Profit?

Mar 18

Have Iconovo AB (publ) (STO:ICO) Insiders Been Selling Their Stock?

Feb 20

A Look At Iconovo's (STO:ICO) Share Price Returns

Feb 07

Have Insiders Been Buying Iconovo AB (publ) (STO:ICO) Shares?

Dec 21

Earnings and Revenue Growth Forecasts

OM:ICO - Analysts future estimates and past financials data (SEK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	121	2	-14	N/A	2
12/31/2025	70	-22	-26	-10	2
12/31/2024	46	-27	-46	-30	2
3/31/2024	26	-42	-53	-32	N/A
12/31/2023	28	-46	-61	-39	N/A
9/30/2023	31	-53	-74	-47	N/A
6/30/2023	36	-53	-80	-51	N/A
3/31/2023	43	-52	-85	-52	N/A
12/31/2022	47	-48	-81	-44	N/A
9/30/2022	49	-40	-63	-30	N/A
6/30/2022	54	-34	-58	-24	N/A
3/31/2022	49	-28	-44	-12	N/A
12/31/2021	43	-26	-37	-11	N/A
9/30/2021	41	-22	-35	-13	N/A
6/30/2021	31	-20	-29	-11	N/A
3/31/2021	24	-20	-32	-17	N/A
12/31/2020	23	-17	-29	-16	N/A
9/30/2020	15	-20	-26	-16	N/A
6/30/2020	13	-20	-27	-18	N/A
3/31/2020	13	-16	-22	-13	N/A
12/31/2019	17	-11	-20	-12	N/A
9/30/2019	22	-2	-18	-10	N/A
6/30/2019	19	-3	-11	-3	N/A
3/31/2019	20	0	-11	-5	N/A
12/31/2018	15	-4	-6	-1	N/A
9/30/2018	21	-1	-3	2	N/A
6/30/2018	20	-2	-7	-3	N/A
3/31/2018	23	-1	-4	1	N/A
12/31/2017	22	1	N/A	-4	N/A
12/31/2016	18	3	N/A	6	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ICO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ICO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ICO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ICO's revenue (44.1% per year) is forecast to grow faster than the Swedish market (1.7% per year).

High Growth Revenue: ICO's revenue (44.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ICO is forecast to be unprofitable in 3 years.

Iconovo Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Iconovo AB (Publ) Provides Earnings Guidance for the Years 2024, 2025, 2026 and 2027

Price target decreased by 27% to kr63.00

Price target increased to kr140

No longer forecast to breakeven

When Will Iconovo AB (publ) (STO:ICO) Turn A Profit?

Recent updates

Iconovo AB (publ), Annual General Meeting, May 21, 2024

First quarter 2024 earnings released: kr0.69 loss per share (vs kr1.35 loss in 1Q 2023)

New major risk - Revenue and earnings growth

Iconovo AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 18.8 million.

Iconovo AB (publ) to Report Q1, 2024 Results on Apr 25, 2024

New major risk - Market cap size

Insufficient new directors

New minor risk - Profitability

New major risk - Market cap size

Independent Chairman of the Board recently bought kr190k worth of stock

Third quarter 2023 earnings released: kr0.97 loss per share (vs kr1.14 loss in 3Q 2022)

Iconovo AB (publ) Completes Enrollment in Phase I Clinical Trial of Inhaled Oxytocin in ICOone

Iconovo AB (publ) Receives US Patent for Ioccap That Strengthens the Offering for More Customer Collaborations

Iconovo AB (Publ) Provides Earnings Guidance for the Years 2024, 2025, 2026 and 2027

New minor risk - Share price stability

New major risk - Financial position

Second quarter 2023 earnings released: kr1.36 loss per share (vs kr1.38 loss in 2Q 2022)

We're A Little Worried About Iconovo's (STO:ICO) Cash Burn Rate

Price target decreased by 27% to kr63.00

Iconovo AB (publ) Strengthens its Customer Offering in the Novel Pharmaceuticals Business Segment

Iconovo AB (Publ) Announces Appoints Carl Lindgren as Chief Business Development Officer

Independent Director recently sold kr98k worth of stock

Independent Director recently sold kr171k worth of stock

Chief Executive Officer recently bought kr61k worth of stock

Independent Chairman of the Board recently bought kr100k worth of stock

Iconovo AB (publ) to Report Fiscal Year 2022 Results on Feb 08, 2023

Insufficient new directors

Iconovo Receives Approval of New European Patent for Its Single-Use Inhaler ICOone®

Iconovo AB (publ) Announces Executive Changes, Effective April 1, 2023

Iconovo's ICOone Inhaler Platform Receives New Patent Approval in the US

Iconovo Announces Appointment of Nomination Committee

Third quarter 2022 earnings released: kr1.14 loss per share (vs kr0.43 loss in 3Q 2021)

Iconovo AB (publ) Conducts a User Study to Assess the Handling of its ICOone Nasal Inhaler

Here's Why We're Watching Iconovo's (STO:ICO) Cash Burn Situation

Second quarter 2022 earnings released: kr1.38 loss per share (vs kr0.85 loss in 2Q 2021)

Iconovo AB (Publ) Announces First Patent Grant in Japan for It's ICOone

Chief Executive Officer recently bought kr69k worth of stock

Director recently bought kr258k worth of stock

Chief Executive Officer recently bought kr104k worth of stock

Price target increased to kr140

Full year 2021 earnings: EPS and revenues miss analyst expectations

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Iconovo AB (publ) Announces Completion of Comparative Clinical Study of Icores Budesonide/Formoterol and Symbicort Turbuhaler

Chief Financial Officer recently bought kr53k worth of stock

Director recently bought kr78k worth of stock

No longer forecast to breakeven

Director recently bought kr109k worth of stock

Chairman of the Board recently bought kr372k worth of stock

Companies Like Iconovo (STO:ICO) Are In A Position To Invest In Growth

Chief Executive Officer recently bought kr151k worth of stock

Third quarter 2021 earnings released

Chairman of the Board recently bought kr248k worth of stock

Insider recently bought kr53k worth of stock

Chairman of the Board recently bought kr421k worth of stock

We're Not Worried About Iconovo's (STO:ICO) Cash Burn

Is Now The Time To Look At Buying Iconovo AB (publ) (STO:ICO)?

Chairman of the Board recently bought kr378k worth of stock

Iconovo AB (publ)'s (STO:ICO) Intrinsic Value Is Potentially 37% Above Its Share Price

Chairman of the Board recently bought kr689k worth of stock

First quarter 2021 earnings released

Companies Like Iconovo (STO:ICO) Can Afford To Invest In Growth

When Will Iconovo AB (publ) (STO:ICO) Turn A Profit?

Iconovo Granted ICOone Patent in India

Have Iconovo AB (publ) (STO:ICO) Insiders Been Selling Their Stock?

CTO, Co-Founder & Director recently sold kr1.1m worth of stock

Full year 2020 earnings released: kr2.20 loss per share (vs kr1.68 loss in FY 2019)

Revenue and earnings beat expectations

A Look At Iconovo's (STO:ICO) Share Price Returns

New 90-day high: kr54.60

Insider recently bought kr85k worth of stock