Quantafuel Future Growth

Future criteria checks 5/6

Quantafuel is forecast to grow earnings and revenue by 122.3% and 105.3% per annum respectively. EPS is expected to grow by 118.7% per annum. Return on equity is forecast to be 7.1% in 3 years.

Key information

122.3%

Earnings growth rate

118.7%

EPS growth rate

Commercial Services earnings growth	15.7%
Revenue growth rate	105.3%
Future return on equity	7.1%
Analyst coverage	Low
Last updated	22 Nov 2023

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

OTCPK:QNTF.F - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	1,181	268	N/A	N/A	1
12/31/2024	410	-28	N/A	N/A	1
12/31/2023	134	-146	N/A	N/A	1
9/30/2023	81	-419	-390	-337	N/A
6/30/2023	77	-382	-397	-359	N/A
3/31/2023	66	-352	-364	-293	N/A
12/31/2022	53	-384	-435	-355	N/A
9/30/2022	33	-302	-348	-264	N/A
6/30/2022	20	-249	-385	-210	N/A
3/31/2022	14	-188	-385	-209	N/A
12/31/2021	5	-4	-407	-211	N/A
9/30/2021	6	55	-348	-137	N/A
6/30/2021	11	-269	-319	-141	N/A
3/31/2021	10	-370	-330	-163	N/A
12/31/2020	8	-497	-289	-83	N/A
9/30/2020	6	-485	-331	-91	N/A
6/30/2020	0	-180	-285	-30	N/A
3/31/2020	0	-83	-265	12	N/A
12/31/2019	0	-98	-272	3	N/A
9/30/2019	-48	-131	-209	51	N/A
6/30/2019	-26	-107	-225	-29	N/A
3/31/2019	-13	-109	-193	-43	N/A
12/31/2018	0	-96	-158	-78	N/A
12/31/2017	4	-34	-17	7	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: QNTF.F is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: QNTF.F is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: QNTF.F is expected to become profitable in the next 3 years.

Revenue vs Market: QNTF.F's revenue (105.3% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: QNTF.F's revenue (105.3% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: QNTF.F's Return on Equity is forecast to be low in 3 years time (7.1%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/08 10:35
End of Day Share Price	2023/12/26 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

Quantafuel AS is covered by 4 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.

Analyst	Institution
Christian Yggeseth	Danske Bank
Jørgen Lian	DNB Markets
Elliott Geoffrey Jones	Fearnley Securities

Quantafuel Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Quantafuel ASA Closed Down All Production for the Time Being

Recent updates

Quantafuel AS to Report Q3, 2024 Results on Nov 15, 2024

Quantafuel AS (OB:QFUEL) acquired 50% stake in Polynate AS.

Quantafuel AS Announces CFO Changes

Quantafuel as Elects Omar Shafi Khan as Board Member

Quantafuel ASA Announces Christian Bekkevold Nilsen to Step Down At the End of November as CFO

Quantafuel ASA to Report Q1, 2023 Results on May 15, 2023

Quantafuel ASA Announces Changes to the Board of Directors

Quantafuel Announces the Appointment of Christian Bekkevold Nilsen as the Company's New Chief Financial Officer

Quantafuel ASA Closed Down All Production for the Time Being

Quantafuel ASA Reports That Two Out of the Four Lines At Its Skive Plant Have Produced At A Load and Performance Level Qualifying for Proof-Of-Concept

Quantafuel ASA (OB:QFUEL) reached an agreement to acquire Quantafuel Uk Ltd/Quantafuel Sunderland Limited/Quantafuel Cheshire Limited for NOK 51.5 million.

Quantafuel ASA's Skive Completes Commissioning and Started Production

Quantafuel ASA Receives Environmental Certificate and Sends First Commercial Products to BASF

Quantafuel ASA Hires Christian Lach as New Deputy CEO and Chief Commercial Officer

Quantafuel ASA to Start Operation of Its Pilot Plant for Testing of New Reactor Design in Kristiansund

Quantafuel ASA (OB:QFUEL) reached an agreement to acquire 40% in Geminor AS from Kjetil Vikingstad and Ralf Schöpwinkel for approximately NOK 170 million.